0xrebel 📈

At 3Cr, your life changes dramatically. 1) Setup a tax base abroad. Move your liquid money. And, start paying 0% capital gains. 2) This move comes with frictions. Setting up a tax base, paying money upfront, 250K LRS etc whatnot. Most people give up here. And, accept their fate. But: if you power through this phase, new opportunities open up like never before. 3) Example: if you have a UAE tax base. You can easily invest across: US equities, derivatives, SEA equities, you name it. It takes 1 min to move 1Mn$, legally. Friction is 0. 4) No nonsense of dealing with currency depreciation, unreliable laws, filing 100 forms for every little move. You can focus your mental energy growing your wealth. Not on compliances. 5) On top of this: new income streams open up. For eg. Wheel strategy -- you sell Puts 15% OTM. Once you get the stocks, you sell call 15% OTM. This is a solid active investing strategy with 0% tax. **** Is the pain worth it? 100% yes. Numbers prove it. 3CR. Let's say this grows at 13% with 0% capital gains. ₹3 Cr × (1.13)^30 = ₹3 Cr × 39.12 = ₹117.36 Cr Total gain = ₹114.36 Cr If you pay 12.5% (and other BS taxes), you will end up paying: 14.30Cr for a passive investment strategy. If you undertake active investing, this number would be much higher. Now you decide if paying X lakhs/year as the setup fee is worth it. **** No Indian fund manager/CA will tell you this. Because if they tell you this, you will leave them & the system, lol 😅