Q. "where do I trade from: out of reach of the ATO (legally) and somewhere with internet. Though i do have to catch the open at 5am and in winter it snows."
A. Break all ties with Australia, become a non-resident, but maintain citizenship. 5am+ start and snow? Japan, Sth Korea, Vladivostok, New Zealand. Or go to Sth America and trade the TSX.
very close: Not break all ties with australia - just work overseas - if you show intent to stay away from australia for work purposes for at least 2 years you become a non resident for tax purposes. This means you can still visit and maintain non tax resident status (went home for christmas).
HappyCats - good guess with the timezone - Actually in Tashkent (uzbekistan).
Lots of countries you may have a tax obligation according to lacal rates when you work there. In tashkent the locals get raped by the govt in terms of tax. Expats have no tax liability and get paid by forex directly into nominated accounts.
great for setting up accounts in other countries that have beneficial banking systems and little obligation to the ATO - (reps come to you from these places and discretely deal with your $...) which will have great benefit in the long term upon return to australia.
sounds sly but it is legal and of great benefit. Cost of living tashken tis like 300 bucks a month.
