Which Country gets most value from playing in $USD

    • PidKoker
      PidKoker
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      Joined: 03.06.2008 Posts: 416
      This is soemthing I have been thinking about... because to live as a pro in a place like North America you would have to make something like ~$60,000 a year which works out to like $5,000 a month. I was just thinking if I were to move somewhere where it is not too difficult to move money from an online account to a bank account and get a very nice return because of the currency conversion.. What Country Would That Be?
  • 49 replies
    • VirtuaGod
      VirtuaGod
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      Joined: 09.02.2009 Posts: 514
      Brasil or eastern europe. Countries where u can have a good life for 500 usd a month!!
    • 1wayman
      1wayman
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      Joined: 08.09.2008 Posts: 430
      well eastern europe - if u also include Russia in here, and u plan to live in moscow, think twice and rather stay in USA :P But Countries like estonia (their internet connection posibilites are endless), latvia etc - there u could enjoy your living for much less than 5k a month.
    • Semesa
      Semesa
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      australia you can live comfortably for around $300-400USD/week
    • PidKoker
      PidKoker
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      Wow brasil sounds the best so far the weather is wonderful there, the girls are beautiful and only $500USD a month.. that is just amazing :baby:
    • 1wayman
      1wayman
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      u really plan to go live outside usa and enjoy your life and play poker now and then :P ?
      u gave me thinking... but i am not even near the situation i could dream about playing poker fulltime
    • PidKoker
      PidKoker
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      I am not sure what I want to do with my life as of right now, this is more of something that belongs in a blog but anyways.... I'm only 19 and I live in Canada.. I am studying in School right now but I am not sure if after I graduate I really want to work everyday 9-5 and such. I absolutely love poker in all forms I have played almost every kind of poker and there arent many games which i dont like.. I am not the greatest player but I am a winning player at NL50/NL100 FR ( i like FR because less swings ) I am always improving my game and I can see myself doing this for along time ( i hear people have issues with burning out and such)...

      That is why I was wondering where is a cheap place to live because all poker is played mostly using $USD .. and if it is cheap then as you would move up you have more and more extra money which would help in case you would need a break.

      also I always wanted to live somewhere nice and warm.. in Canada where I live its cold and rainy like 6-8 months of the year, and I have lived here all my life :tongue:
    • Katavich
      Katavich
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      Joined: 16.07.2008 Posts: 176
      I live in Croatia and clearing bonus at NL25 I make more money then some my friends with their job (I earn about 600$ a month and that's really nice money for student). I think with 1500$+/month from poker I could live here really nice.
    • timukasr
      timukasr
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      In Estonia avrage salary is about $1000 (and you can have a good life with it).
    • luitzen
      luitzen
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      You should pick a country with low taxes. So definitely not Scandinavia, The Netherlands or any other western European country. Don't know about Iceland, but that's not warm. To be honest I think the United States are the best for you. In the United States socialism means communism and communism means evil, so they have an aversion against taxes, especially when rich people are taxed. United States are a big country, so you could pink Florida or something to get a warm place.
    • STR82ACE
      STR82ACE
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      Joined: 01.10.2008 Posts: 389
      Weather in Canada is totally dependant on where you are at at any given moment.

      In Newfoudland, you better LOVE snow and fog and rain...cool temps in the middle of the summer though.

      In BC, you are either there because you were born there and hate the rest of the country west of the Rockies, or you moved there from Ontario because you hate winter.

      On the prairies, you moved there for work and can tolerate the wind and cold extremes throughout the year, or you were born there and hate Toronto and anything to do with Ontario

      In Quebec, you're french. PERIOD.

      In Ontario, you HAD a job, like snow in winter, heat in the summer, and the transition seasons of spring and fall are tolerable. But I said HAD a job, because they're all moving to Alberta now.

      If you're on any maritime province (New Brunswick, Nova Scotia, or PEI), you don't have a driver's license yet to MOVE to Ontario, or haven't found a job in Alberta yet.

      Other than that, this is a GREAT country to live!!!!

      Except for the taxes...and the roads...and the french.
    • timukasr
      timukasr
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      Joined: 26.05.2007 Posts: 1,820
      I'm planning to live in Monte Carlo or Monaco when I will have enormous success with poker or with some other form of honest hard working money making.
    • luitzen
      luitzen
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      I forgot about Monaco, good choice.

      In the Netherlands they have a law about gambling taxes which is very vague and heavily disputed. At the moment it's advised to not say anything against the taxing agency, but that might change any moment. Currently $60.000 is €45.000 which is 20% belowe average nominal GDP (per capita). After paying heavy taxes you'll probably earn below average.
    • PidKoker
      PidKoker
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      Joined: 03.06.2008 Posts: 416
      Nice comments but sorta not answering the question though some people are and I thank them for that....

      The question is... Where do you live, what is the average salary per year in that country and what is that value in terms of $USD (thought there are tons of conversion calculators on the interwebz)
      because these two will let me know how much would someone need to make to have an average salary when playing in $USD
    • csnmf
      csnmf
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      Joined: 22.11.2006 Posts: 444
      Originally posted by luitzen
      I forgot about Monaco, good choice.

      In the Netherlands they have a law about gambling taxes which is very vague and heavily disputed. At the moment it's advised to not say anything against the taxing agency, but that might change any moment. Currently $60.000 is €45.000 which is 20% belowe average nominal GDP (per capita). After paying heavy taxes you'll probably earn below average.
      Are you sure you have those GDP figures correct they seem far too high after a quick check i came up with a figure of $40,000 and GDP is the total value of all the goods and services produced within a country's borders but taxation isn't involved in these calculations, although since i have no idea about your countries taxation laws i won't comment further.

      But this question is so vague to answer well, each country has different immigration laws as well you would be better off working backwards, i.e. choosing 3 countries you would like to live in and seeing how easy it would be to a long term visa/permanent residency/citizenship and see the tax situation in those different scenarios.
    • luitzen
      luitzen
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      GDP is before taxation, so yes, I believe these figures are correct. When you have tax €30.000 there's not much left of it.
    • ZaboRjN
      ZaboRjN
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      Joined: 23.10.2008 Posts: 15
      Originally posted by csnmf
      Originally posted by luitzen
      I forgot about Monaco, good choice.

      In the Netherlands they have a law about gambling taxes which is very vague and heavily disputed. At the moment it's advised to not say anything against the taxing agency, but that might change any moment. Currently $60.000 is €45.000 which is 20% belowe average nominal GDP (per capita). After paying heavy taxes you'll probably earn below average.
      Are you sure you have those GDP figures correct they seem far too high after a quick check i came up with a figure of $40,000 and GDP is the total value of all the goods and services produced within a country's borders but taxation isn't involved in these calculations, although since i have no idea about your countries taxation laws i won't comment further.
      Greetings write in ICQ 573140701. There is one Question.
    • luitzen
      luitzen
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      You may also be right. I can't find any sources with verifiable data and I don't have any idea how much is taxed.

      Sorry for the off-topic, but it was implied by your question.
    • VirtuaGod
      VirtuaGod
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      I live in Portugal (next to Spain for those who don't know), and you can have a decent life with 1500 usd monthly. I cannot stress Brasil enought thought. You should spend a vacation there and see what i'm taking about. Not only is it cheap but you already talked some of the good points. Another one (one of the most importants) is the way people are. Thay are just so much happier than in most parts of the world. 500 usd would give you a nice life somewhere that not the big cities. "São Salvador da Bahia" was actually a place where i was willing to move to for a long time. My girlfriend made my plans change :rolleyes:
    • csnmf
      csnmf
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      Joined: 22.11.2006 Posts: 444
      Originally posted by luitzen
      GDP is before taxation, so yes, I believe these figures are correct. When you have tax €30.000 there's not much left of it.
      http://www.nationmaster.com/graph/eco_gdp_percap-economy-gdp-per-capita
      is where i got the GDP of $40k from as it was 2 years ago we'll just round it up to $41k for arguments sake, so the average salary is $41k ill apply UK taxation system to it $41k after National insurance, Income tax will probably come down to something like 25-30k, in UK poker would be tax free so obviously you are something like twice as better off playing poker than the average person although you won't have a state pension when you turn 65.

      When i said i wouldn't comment further as i didn't know the tax system in the Netherlands i find it extremely hard to believe that making $60k a year would still make you worse off than the average person unless poker get's taxed at a ludicrous rate and income tax is relatively much lower.

      Although you can go further and look at the distribution of wealth in a country you could be making the "average" wage but still be much better off than average and vice versa.