Undaunted wrote: ↑Mon May 20, 2019 4:56 pm
I don’t quite understand the tax advantages as I live in Thailand and still must pay tax in my home country on all my income?
One way to do it would be to broaden your horizons and introduce a third country into play.
Move some of your money to somewhere like Singapore & invest in stocks.
You then pay no tax in Singapore on dividends received and no tax in Thailand as long as you move the dividend income to Thailand in the following tax year. So no tax.
That's just an example, NOT financial advice.
Once you have your bank & broker accounts set up, it's surprisingly easy to control.
Incidentally, I see this as having further benefits from diversification since we have less exposure to currency risk, for example the pound falling, or a marxist government screwing up the UK economy to the extent where they have to reintroduce currency controls. Don't wait until it happens.
Note: The above advice is aimed at non US citizens, since I believe US citizens are subject to US tax wherever they live, whereas the rest of the world can emigrate and no longer be subject to tax in their home country.