Taiwan Strategy (1 Viewer)

[wageslave]

From a geomaxing perspective, Asia is optimal for a white person. However, the trade off is career paths are a dead end. The only viable paths are working remotely for Western companies, building your own business, or being retired. Taxes in countries like Japan are high, and the work conditions are bad. Southeast Asia long-term visa and residency options there are surprisingly bad. Unless you're planning to marry, your ability to stay long-term in most of Asia is weak at best.

The main exceptions are Japan and Taiwan, both of which offer pathways to permanent residency in about 3 years. Japan's Highly Skilled Professional visa lets you get PR in 1 year but it basically requires working for peanuts at a Japanese company. Taiwan has the gold card visa which is the best visa in Asia. If you've earned around $65K USD or more in any of the past 3 years, you qualify. This gives you a 3-year open work visa with no job requirement. You can work, freelance, study, or not work at all. Healthcare is the best value in the world for about $30/month because its subsidized by SEA workers. You can convert to PR after 3 years and possibly get citizenship later on if you want.

There is also a possibility for Taiwanese citizenship, but it has lots of cons and I don’t think its worth it. The main downside is mandatory military service for males under 35. The best thing is that you can backdoor into living in China effectively as a Chinese citizen permanently.

My Strategy:

1. Stack money in Seattle which is the best place in the world to save money through a job. You get HCOL salaries in tech matching California and New York without the state income tax.
2. Learn Mandarin with my spare time to hit the ground running. No point in making friends or dating in the US, I will delay gratification.
3. Establish a US LLC before leaving to avoid any job gaps. Might do some minor contract work with US companies through it for some extra money.
4. Move to Taiwan and retire to geomax once I have 400-500k at 25 through gold card.
5. Apply for permanent residency after 3 years. I will skip citizenship for now at least until im older than 35.
6. Travel around the rest of Asia with cheap flights if I get bored.

Thoughts on this strategy? It’s the best I could come up with that optimizes life from a money and dating perspective.

 

[Jamesothy]

Backdoor to Chinese citizenship? You mean Taiwanese?

Anyways, I wouldn't be invested in a future in Taiwan because I see China taking it sometime in the next decade.

 

[Jamesothy]

From a geomaxing perspective, Asia is optimal for a white person. However, the trade off is career paths are a dead end. The only viable paths are working remotely for Western companies, building your own business, or being retired. Taxes in countries like Japan are high, and the work conditions are bad. Southeast Asia long-term visa and residency options there are surprisingly bad. Unless you're planning to marry, your ability to stay long-term in most of Asia is weak at best.

The main exceptions are Japan and Taiwan, both of which offer pathways to permanent residency in about 3 years. Japan's Highly Skilled Professional visa lets you get PR in 1 year but it basically requires working for peanuts at a Japanese company. Taiwan has the gold card visa which is the best visa in Asia. If you've earned around $65K USD or more in any of the past 3 years, you qualify. This gives you a 3-year open work visa with no job requirement. You can work, freelance, study, or not work at all. Healthcare is the best value in the world for about $30/month because its subsidized by SEA workers. You can convert to PR after 3 years and possibly get citizenship later on if you want.

There is also a possibility for Taiwanese citizenship, but it has lots of cons and I don’t think its worth it. The main downside is mandatory military service for males under 35. The best thing is that you can backdoor into living in China effectively as a Chinese citizen permanently.

My Strategy:

1. Stack money in Seattle which is the best place in the world to save money through a job. You get HCOL salaries in tech matching California and New York without the state income tax.
2. Learn Mandarin with my spare time to hit the ground running. No point in making friends or dating in the US, I will delay gratification.
3. Establish a US LLC before leaving to avoid any job gaps. Might do some minor contract work with US companies through it for some extra money.
4. Move to Taiwan and retire to geomax once I have 400-500k at 25 through gold card.
5. Apply for permanent residency after 3 years. I will skip citizenship for now at least until im older than 35.
6. Travel around the rest of Asia with cheap flights if I get bored.

Thoughts on this strategy? It’s the best I could come up with that optimizes life from a money and dating perspective.

Vietnam or Cambodia could be good still.

 

[wageslave]

Backdoor to Chinese citizenship? You mean Taiwanese?

Anyways, I wouldn't be invested in a future in Taiwan because I see China taking it sometime in the next decade.

Its Taiwanese citizenship, but because China views Taiwan as China its like a watered down Chinese Citizenship. You can get Mainland Travel Permit which allows

"Since 2017, Taiwan residents with this document can stay in mainland China indefinitely for any purpose, including working and studying, with no restriction imposed" https://en.wikipedia.org/wiki/Mainland_Travel_Permit_for_Taiwan_Resident

I don't see China taking Taiwan through military means and the main possibility is that they do it through economic power and infiltrating/bribing the politicians. This scenario might not even be a bad thing as PR/Taiwan Citizenship might carry over in the transition and be something like Hong Kong.

 

[Jamesothy]

Its Taiwanese citizenship, but because China views Taiwan as China its like a watered down Chinese Citizenship. You can get Mainland Travel Permit which allows

"Since 2017, Taiwan residents with this document can stay in mainland China indefinitely for any purpose, including working and studying, with no restriction imposed" https://en.wikipedia.org/wiki/Mainland_Travel_Permit_for_Taiwan_Resident

I don't see China taking Taiwan through military means and the main possibility is that they do it through economic power and infiltrating/bribing the politicians. This scenario might not even be a bad thing as PR/Taiwan Citizenship might carry over in the transition and be something like Hong Kong.

I think China will take Taiwan by force.

 

[Yuezhi]

Vietnam or Cambodia could be good still.

Another place is Malaysia with the MM2H program which you only need 300k usd and can use it to buy property after getting residency.

 

[Rance]

It sounds like a good plan. You didn't mention your age, but you say you want to begin your journey at 25. If that's more than a couple years away, the biggest risk I see is the risk of burnout: losing sight of your goals, depression, longing, and general mental health deterioration. So many "monk mode" types fall to this.

And, in general, plans are fragile. If you plan too far out you never know how things may shake up in the career world, the immigration world, or as Jamesothy said, the geopolitical world.

 

[Orientalist]

@biggunsar has been living in Indonesia for ages without a long-term visa. People get too stressed out about this stuff imo.
Also wtf $500k at 25? And then retire with said $500k?

 

[Orientalist]

It sounds like a good plan. You didn't mention your age, but you say you want to begin your journey at 25. If that's more than a couple years away, the biggest risk I see is the risk of burnout: losing sight of your goals, depression, longing, and general mental health deterioration. So many "monk mode" types fall to this.

And, in general, plans are fragile. If you plan too far out you never know how things may shake up in the career world, the immigration world, or as Jamesothy said, the geopolitical world.

 

[biggunsar]

@biggunsar has been living in Indonesia for ages without a long-term visa. People get too stressed out about this stuff imo.
Also wtf $500k at 25? And then retire with said $500k?

well i got a remote working visa, but i did 2 6 month visa runs. which sucks.

then i spoke to my immigration friend, because one day as i am coordinating a roof fix on one of my properties in cayman. i am thinking "wait a minute, if i am doing this "work" shouldn't this be considered remote work" and my immigration friend said YUP, that would be considered remote work. I cannot run my properties without remote working. so now i am on a remote worker visa and it's good for one year and i can go in and out of indonesia anytime i like.

 

[wageslave]

The SEA countries are probably pretty lax on visas for now but I don't think its really predictable long term. I think I heard you could just bribe your way in to staying in Cambodia.

Currently im 23 and half way to my goal. Large part getting to 500k is a bunch of low interest rate debt and then margin on top of that. Got lucky with the melt up and weakening of us dollar. I definitely feel the mental health deterioration and want to quit my job and do it now, but I can hopefully stick it out for 1 or 2 more years.

 

[explorer7878]

From a geomaxing perspective, Asia is optimal for a white person. However, the trade off is career paths are a dead end. The only viable paths are working remotely for Western companies, building your own business, or being retired. Taxes in countries like Japan are high, and the work conditions are bad. Southeast Asia long-term visa and residency options there are surprisingly bad. Unless you're planning to marry, your ability to stay long-term in most of Asia is weak at best.

The main exceptions are Japan and Taiwan, both of which offer pathways to permanent residency in about 3 years. Japan's Highly Skilled Professional visa lets you get PR in 1 year but it basically requires working for peanuts at a Japanese company. Taiwan has the gold card visa which is the best visa in Asia. If you've earned around $65K USD or more in any of the past 3 years, you qualify. This gives you a 3-year open work visa with no job requirement. You can work, freelance, study, or not work at all. Healthcare is the best value in the world for about $30/month because its subsidized by SEA workers. You can convert to PR after 3 years and possibly get citizenship later on if you want.

There is also a possibility for Taiwanese citizenship, but it has lots of cons and I don’t think its worth it. The main downside is mandatory military service for males under 35. The best thing is that you can backdoor into living in China effectively as a Chinese citizen permanently.

My Strategy:

1. Stack money in Seattle which is the best place in the world to save money through a job. You get HCOL salaries in tech matching California and New York without the state income tax.
2. Learn Mandarin with my spare time to hit the ground running. No point in making friends or dating in the US, I will delay gratification.
3. Establish a US LLC before leaving to avoid any job gaps. Might do some minor contract work with US companies through it for some extra money.
4. Move to Taiwan and retire to geomax once I have 400-500k at 25 through gold card.
5. Apply for permanent residency after 3 years. I will skip citizenship for now at least until im older than 35.
6. Travel around the rest of Asia with cheap flights if I get bored.

Thoughts on this strategy? It’s the best I could come up with that optimizes life from a money and dating perspective.

you really want to retire with 500k USD? Do you think it is enough? I also thought about retiring

 

[myeyes]

I think the $500k usd part is the weakest link in your plan. It’s really difficult to do even with a really good job, most likely a lot harder than you think, and if you have the drive and work ethic to go to Harvard and career max after, you probably have the drive and work ethic to make an ai agent agency or some shit and make millions in the same time anyway so idk

 

[kamster]

i had plans just like that then i discovered sea and i got too comfy. dont go sea as it will trap you for life

 

[14passport]

how are you going to retire with 500k$?

Taiwan real estate is not cheap, and at 25 it's very unlikely you know what you want to do for the rest of your life.

Is it temporary retirement for a few years or what's the plan b?

 

[wageslave]

With 500k withdrawing 5% I can get 25k per yer year. That is more than double the minimum wage in Taiwan and I would live slightly outside Taipei with a 30 minute MRT ride to lower rent cost. I'm not gonna buy Taiwan real estate because its a rip off and overinflated by the Chinese culture where people store wealth in property. Rent is so much cheaper because otherwise no one could live there with their low salaries.

Long term it will be obvious if the 5% withdrawal will succeed because of sequence of return risks. Basically if the stock market tanks early on in my plan I need to change strategy but otherwise I should be good and my portfolio will snowball. I'm not gonna have kids otherwise this wouldn't work.

The other thing is its not like I will never make any money again. I could do English teaching on the side, remote work, or try doing an online business for fun. I also have some other schemes like scholarship-maxing where you can live in China for 2 years fully paid if the stock market tanks.

 

[EEmaxxer]

Yeah, 500K USD is just too little. 25K per year is basically 2K USD per month. You are just one mishap away from your geomaxxing plans utterly failing. If drawing 5%, I think anything less than 1.5 mil invested to make this happen is dangerous. And even then, I would keep on working to figure out how I can grow my 1.5 mil invested. The guys who I have seen who are REALLY THRIVING off of geomaxxing are the guys who have are pulling in 150K+ USD remote income from whatever pursuits they decided to do.

 

[wageslave]

500k is not ideal but its either that or continue working past mid twenties and sacrificing more of your youth. To get 500k by 25 I have to careermax and sacrifice everything else. Could keep going to 1mil+ like most FIRE people but then I would be 30+ and hate myself in those grind years. I think its best to tap out early around mid twenties while you still have some youth left.