Comments by "Jeremy Barlow" (@jeremybarlow2291) on "Nine Reasons for Rich People to Live in Southeast Asia" video.

  1. I mean if you have a lot of liquid wealth, ie you have major investment accounts, a holding company with an employment pass as a director in Malaysia via a Labuan holding company makes a lot of sense. Having enough cash in an account in Thailand to have a long term investor visa there likewise makes sense because there are no CFC rules and the new tax rules don't apply to people with the LTR investor visa as I understand it, so between a Labuan holding structure you can probably have a zero or extremely low withholding tax on your investments and virtually no personal tax in Thailand if you live there and similar treatment in Malaysia when you "work" there as a director of your holding company. You can even have non-Labuan company registered to do business in Labuan that you manage and have tax resident there which might have a better asset protection value ie a Nevis LLC, but bad tax treatment if it is considered tax resident on Nevis. You could also have that holding company owned by a Cook Islands Asset protection trust, so you can make a lot of money and pay no tax. I mean if you have enough wealth and you make an investment in the Republic of Georgia, you could divide your time between Malaysia, Thailand, and the Philippines, enjoy a very favorable cost of living, and have a very favorable tax residence in Georgia as a High Networth Individual and have to spend almost no time in Georgia.
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