Has anyone brought items to a particular country to sell?
Many people talk about working from area to area but what about where to buy and where to sell stuff?
Now I'm not talking about the pandemic as much of the world is restricted now but what it was like before or what life will hopefully be like in a year or so.
You want to buy in a place with low or non-existent import taxes and most importantly, sell in an area with very high import taxes but a place that doesn't check your belongings when entering and obviously has no laws forbidding you from selling your possesions. 2 laptops/phones/tablets/cameras can amount to thousands of dollars of equipment and doesn't take up much space. The profits could support someone for a year living in a cheap country.
You could plan your route going from low tax purchasing to high tax selling.
Most Central/South American countries tax imports but some much more than others. Mexico used to be highly taxed but apparently isn't so high now. SE Asia would obviously be ideal for buying but you've got an expensive airfare separating the two.
Just wondering if anyone has thought of this and has some ideas.
As most countries have low or no import taxes the key here is to find the countries with the highest taxes in the categories we tend to use and whose items are relatively costly, compact and light.
Now I'm not talking about the pandemic as much of the world is restricted now but what it was like before or what life will hopefully be like in a year or so.
You want to buy in a place with low or non-existent import taxes and most importantly, sell in an area with very high import taxes but a place that doesn't check your belongings when entering and obviously has no laws forbidding you from selling your possesions. 2 laptops/phones/tablets/cameras can amount to thousands of dollars of equipment and doesn't take up much space. The profits could support someone for a year living in a cheap country.
You could plan your route going from low tax purchasing to high tax selling.
Most Central/South American countries tax imports but some much more than others. Mexico used to be highly taxed but apparently isn't so high now. SE Asia would obviously be ideal for buying but you've got an expensive airfare separating the two.
Just wondering if anyone has thought of this and has some ideas.
As most countries have low or no import taxes the key here is to find the countries with the highest taxes in the categories we tend to use and whose items are relatively costly, compact and light.
Last edited by MichaelZZZ on Nov 13th, 2020 7:15 pm, edited 2 times in total.