I remember when it looked like kids weren’t going to happen for us (we eventually got lucky, she starts school next year). And my beautiful wife and I sat down and had the heart-to-heart conversation about what life would look like in this scenario.

I said, “I guess we’ll just have to be rich and happy travelling the world and sleeping in all the time.” That softened the blow somewhat…

I think you’ve summed it up nicely! (Long-time Brisbane resident here.)

One key other factor is the cost of housing. This will vary depending on your work situation / location. Current rental crisis (Vacancy rate well below 1%), perhaps not dissimilar to many other cities around the world; and the cost of housing in Australia is ridiculous by most global standards, although if you’re bringing wealth from a country like the USA the current exchange rate is in your favour.

It doesn’t look like Thailand has CFC rules, but my understanding of their recent personal tax changes are that OP would have to pay local tax on all money he remits to Thailand (ie, his annual spending as a tax resident there).

https://taxsummaries.pwc.com/thailand/corporate/group-taxation

https://assets.kpmg.com/content/dam/kpmg/xx/pdf/2018/09/thailand-2018.pdf

No corporate tax works if OP is living frugally, and therefore retaining earnings or cash in their corporate structure.

I agree with the broader point that someone earning €35,000 should focus more on making that consistently €100,000+, before worrying about tax optimisation. I’d rather pay 40% on €100,000 than 0% on €35,000.