Safe passive income

[Paydette]

Im not trying to make millions, um trying to make for the rent and food and here in chile is like 700 usd per month. With 200k i would be financially independent here

Just helped a client in Mexico set up his Amazon (usa) store... selling Mexican things/treats you can't get in the usa. Do that

 

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[Xeon]

@Kevin88660

IDEA - Safe passive income

Do you know anything about this SGOV/BIL thing? Can non-US residents invest in this?

 

[Kevin88660]

@Kevin88660

IDEA - Safe passive income

Do you know anything about this SGOV/BIL thing? Can non-US residents invest in this?

Yes. You can apply to buy SG T-Bills directly through Internet banking with the local big 3 banks.

It does not make sense for us to buy a Singapore investment vehicle through NYSE, as we have zero dividend and capital gain tax here. They might charge us a withholding tax for any distribution (dividend or interest) given to us.