The way we live has changed so much in the past few decades and we are living in a digital world, with Elon Musk launching 1000s of low-orbit 5G satellites to eventually cover the entire planet with the 10x speed of 5G; SpaceX launch 57 satellites at a time on an almost weekly basis, so it won’t be long before we are all connected from the Mongolian Steppes to Southern California.
Foreign Company Formation
Many UK and European private investors choose to set up a company in Thailand or Malaysia and with expert advice from a leading international law firm, they make the right choices. There are many benefits to registering a business in a foreign country; if you are eventually planning to retire in Malaysia, setting up a company puts you through the residency process and you can stay long-term.
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Third-Party Office Services
Whether payroll accounting or filing quarterly reports, a local law firm can connect you with all the services you need to manage your business remotely. Simply issue the remote employees a username and password for your cloud network and they can access the data they need. Migrating your business data to the cloud is the smart thing to do, you are no longer restricted in any way shape or form.
Crypto Trading
Crypto is a volatile market that has seen billionaires made and broken; if you had been paid 100 Bitcoin for a design job you did in 2017, think of what that is worth today; 1 Bitcoin is worth $17k at the time of writing this article; there are many other digital currencies that can be traded and if you have good reason to think a specific currency is going to do well, you can invest with a view to selling when the price peaks. Like any form of trading, crypto and Forex are risky markets and we recommend dummy trading for a few months to see how you do. Click here for a blog on the psychology of crypto trading.
Gold & Precious Metals
Of course, gold has long been an investment favourite; this alluring yellow metal is the very foundation of material wealth and investors use gold as a hedge against inflation. When interest rates rise, this is the time to move into gold; technology requires exotic elements and if you have knowledge in this field, you can trade on the precious metals futures market.
Global Marketplaces
Secure networks enable real-time trading; all you need to do is hook up with a leading trading broker and you can make good use of their available resources. Stocks & shares are bought and sold 24/7 and when you register as a client, your broker enables you to access a huge educational library of digital resources; tutorials, reports and trading strategies explained.
Commodity trading in countries such as Malaysia allows you to enjoy life in the sun and still trade in real time.
