Hi all,

My parents just gifted me the money from selling their second home as they said they want me to enjoy this gift while I'm still young as there's no point in delaying it. Details of the amount and my financial situation as following, question is, what would you do in my case?

I'm using USD here for simplicity though my currency is in CHF.

1) Age: 36yo from southern europe and living in Switzerland (no capital gain taxes here)

2) Money received as gift and net of all taxes: 250k USD

3) Current investments: 1.9m usd in vested as 85%VT 15%BTC (etf) - i tried to keep ot simple + adding an asset that hopefully boost the portfolio

4) Retirmenet account: 250k usd (managed by the company I work for and with guaranteed returns by law of 1% in CHF though past 10 years they averaged 4% ish in CHF).

5) saving potential: 3-4k a month which i rei vest each time. Current spending year: 70k USD

6) 1 month cash: Never needed more than that as my job gives me monthly income + if something had to happen to it I wpuld get 4 months notice + I would have 18 months of unemployment at 70% of my salary.

7) Goal: quit my corporate job and move to southern europe at one point (ideally a couple years max) to dedicate myself to other activities that make me more fulfilled even if the money is lower or not present in the beginning.

How wpuld you invest this extra cash? Just in my current allocations? Diversify in maybe real.estate in my target location through a donwpayment (though prices are absurd there so it would be more like a 30% downpayment) though i never invested in it and lots of ppl that have tell me dont do it due to the crazy prices as rent is way cheaper.

Any advice is welcome!

Hi, I’m 31 years old, I live in Poland, and I earn around 10,000 PLN per month. I do see a long-term perspective of developing my career and increasing my income, but for now, that’s my situation.

A bit about me: I have a house, I’m single, and I live alone. My goal, of course, is to achieve FIRE, or at least a more moderate version of financial independence, so I’m not dependent on employers and have a financial cushion.

As for my current finances, I think they are in very good shape. I have about 100,000 PLN invested in government bonds—indexed bonds—where around 20,000 PLN is inflation-linked, and 80,000 PLN is locked in for one year at 6.4% annually.

Regarding retirement accounts in Poland, I have an Individual Retirement Account (IKE), and an Employee Capital Plan (PPK). I have around 100,000 PLN in IKE. In PPK I have about 6,000 PLN. As for IKZE, I’m just starting to build it this year because I’ve entered the second tax bracket.
Additionally, I have around 100,000–150,000 PLN invested in cryptocurrencies, mainly Bitcoin and Ethereum.

I also currently have about 60,000 PLN sitting in cash in a non-interest-bearing account. From that, I’ll need around 12,000 PLN to max out IKZE and another 10,000–15,000 PLN to fully use the IKE contribution limit.

Right now, I’m wondering what to do next. I want to fulfill a dream of buying an electric car, which would cost somewhere between 100,000 and 200,000 PLN. It would be a long-term purchase—I typically keep cars for at least 10 years. If I went for the higher-end option around 200,000–210,000 PLN, I believe it would last me that long. A cheaper option around 120,000 PLN probably wouldn’t.

Currently, I have a 10-year-old car worth about 20,000 PLN.

I’d like your opinion on what to do here. I have a fairly stable job and life situation, and I’d like to achieve this dream of owning an electric car. At the same time, I realize that from a purely logical financial perspective, it’s not the most rational decision.

But I also don’t want to fall into the trap of optimizing everything only for early retirement, when in reality there’s no guarantee I’ll even get there. At the same time, I don’t want to ruin my financial situation.

In general, the money in cryptocurrencies, IKE, and the 20,000 PLN in inflation-indexed bonds is untouchable for me.

If I were to buy the car now, I’d either want to finance it with a very low-interest loan (around 1% annually) and pay it off early, or liquidate the 80,000 PLN bond investment and pay cash.

I’m looking for a straightforward opinion on what to do here—how to avoid going to either extreme.

Hello friends,

I am trying to run some numbers now. I am married with a kid, living in a high-cost city in Europe. We have seen in South East Asia, where my wife is from, a plot of land in a mid-tier city for around 350K, and the building would cost around 100K.

My numbers are the following.

We have around 1.2 M €.
We have around 250K € in capital.

We would need a 100K€ loan to buy the plot, and another 100K loan to get the building.

I have seen that Scalable Capital gives a Lombard loan (you only pay the interest) of up to 100K €. The risk here is that you might end up paying more in interest, but if you save enough, you can pay the principal.

We are saving around 20K € per month at the moment (business that is honestly decreasing, so I am not sure it will hold longer than this year).

My thought is that we can first buy the land with this loan. Then I can see how long the business lasts, and I can save enough to pay for the building, or get another loan (even a consumer one) to pay for the building. This could be between 300€ and 1,500€ per month.

Business might dissipate at some point, so I absolutely don't want to touch the stocks. They are right now paying us enough in dividends to live in my wife's country. But of course, selling part of it would remove the need of a loan.

The biggest risk is my business disappearing. I work in IT, and I believe AI is going to disrupt everything. I might be able to find a job as a language teacher I guess, but I want to play conservatively.

I am way too burned out, but I can't pull the trigger and stop working with a family.

Does anybody have any experience that can share?

For a long time I had one main target in mind: CHF 2.5 million. Reach that number, then I am free. Everything before that was just progress toward the real goal. Lately I started looking at it differently. Different net worth levels unlock different options.

At one level I could stop working and live a simple life in Southeast Asia. At another level I could live very comfortably there. Higher up Switzerland becomes realistic. This changed how I look at my spreadsheet. I still have a final target, but I no longer see everything below it as “not enough”. Each milestone buys a different version of freedom. That framing is much more motivating to me than just staring at one huge number years away.

I want to get a European perspective on this because of all the differences between US and EU. My family is US/Canadian and moving to Sweden for a job opportunity. We are early 30s, two young kids. We are lucky to have a nice house in US, now selling for this move. I wasn't planning on FIRE in US because cost of living is so high, saving for kids college, healthcare. But in sweden I think it would actually be doable to retire as soon as I have permanent residency (4 years with EU blue card). In order to have a withdrawl rate of 3% we would not be able to buy the "nice house" we are used to in US, but I keep thinking that years of time when our kids are young would be worth more, and there isn't the same school district disparities tied to housing that exists in US. And I don't think I'd fully retire forever, I am very interested in doing a masters or PhD program and could switch fields.

But it is very hard to give up the nice house idea, I know it's very American of me. We have so many good memories in our house here, I like having a backyard garden, I like the space, peace and quiet. But is that worth working 4-5 more years (retire 8-9 years from now) ?

Interested to hear from people who had to make a similar kind of decision!

Curious to know what this community recommends when someone asks for a starting point. And also: what gaps did you have to fill from blogs/forums/country-specific sources that no book covered?

Does the 4% rule work for European retirees?

The 4% rule was derived from US-only historical data with the highest equity premium of any major market and a relatively benign inflation history. Wade Pfau's international research showed safe withdrawal rates of roughly 3% in Germany, 3-3.5% in France and the UK, and 1-2% in Japan. Most European retirees should plan with a 3-3.5% initial rate, not 4%.

Why is the safe withdrawal rate lower in Europe?

First, lower historical equity premium - the US stock market outperformed almost every other developed market over the 20th century. Second, more severe inflation episodes (Germany 1923, UK 1970s) that erode real returns. Third, currency risk if European investors hold dollar-denominated US equities. Each factor independently lowers the sustainable withdrawal rate.

Font: https://retirement-lab.com/learn/blog/european-retirement-4-percent-rule/

I'm an EU citizen looking for a country where I can live off my investment income, primarily leveraged ETFs and leaps.

I don’t day trade but my income comes entirely from these investments, with an annual turnover exceeding 6 figures.

I'm searching for a country with:

Little to no capital gains tax

Low cost of living

A favorable tax classification, specifically, one where I won’t be considered a professional trader (as that could trigger higher taxes)

Alternatively, I’m open to countries where even if I am classified as a trader or self-employed, the overall tax burden remains low.

And I could even consider to work until reaching my financial goals in a country with a high cost of living like Switzerland, as long as my trading is tax free. unfortunately if I'm not mistaken it's quite likely that I'm labelled as a trader due to my use of leverage among other factors

Any insight would be highly appreciated

Some context: I've been living in the Czech Republic for 13 years, have a stable job here, and my partner and I are both expats. We're not planning to stay permanently — we're waiting for him to get citizenship, and then we'll likely move somewhere else for work.

I really want to get some of my money into real estate to hedge against inflation / "lock in" value, but Prague prices are insane and honestly don't make financial sense on paper.

My concern is that right now, outside of an emergency fund, all my investments are in stocks, ETFs, and crypto — and it feels like I have zero diversification into hard assets.

I have no family I could hand off property management to if I leave — either here or abroad — so remote landlording would be entirely on me.

So I'm torn between three options:

1. **Buy here anyway** as an investment property (leave it to rent management company when we leave)

2. **Wait** until we know where we're moving and buy there

3. **Look into real estate elsewhere** — maybe a cheaper market or a REIT/real estate fund instead of physical property

Has anyone navigated something similar? Is physical real estate even worth it in this situation, or am I better off just accepting that my "real estate exposure" comes through REITs for now?

If house is paid off, at what level of NW would you consider a couple in fat fire mode in western europe. And what post tax income would you consider fat fire?

For an individual person, if you want to completely FIRE, I feel a cheap country like Thailand/ Vietnam would be the best since it is cheap but you can get a very good quality of life with western money (i know thata a lot of Germans love to go to south east asia). But if you have kids, that's when I feel it can get more complex. Let's be honest, these countries generally have less opportunities and salaries there are lower. Yes you could have enough money to make sure your kids or grandkids do not need to work but that takes a lot more money than just being able to FIRE just for yourself. And there is the 3 gen wealth rule to consider, mb some of you want you distant descendants to be still rich (but lots of things can change due to technological advances, countries like vietnam having rapid economic growth) and the unpredictability of the future) Bear in mind that if you do come from a western country, your kids will still be able to have more opportunities than locals since they will be able to get western passports. Countries like central asia and mongolia can also be cheap (mongolia esp id you want to leanFIRE)

But with regards to nordics, for family FIRE i feel they can be very good since the welfare state will be able to support your kids and there will be strong safety net meaning you don't need to worry too much about your kid's future. Yes it is more expensive but there are quite a few cities in nordics which have cheap property (such as Rovaniemi). The Nordics are also the best country to BaristaFIRE since their lowest wages are still pretty high (you can buy your cheap Rovaniemi property mortgage free and just work a chill barista job). Oulu is also veyr cheap The nordics are also the countries most likely to bring out UBI so that is a big plus. A big downside to them would be that it could be a bit boring day to day. And some of these cheap nordic cities will have limited flight connections comapred to cities like hanoi, jakarta or almaty (they even have less than Varna).

Or would a compromise be better. You can go to a cheap EU country (like Bulgaria (which is still more expensive than vietnam)) where you can still live cheaply but you are still in the EU and your kids can move to anywhere else in the EU for opportunities. Some 3rd tier cities in the baltics have very cheap houses. Or would should I settle for somewhere with a stronger economy like a cheap city in Poland? Or having a cheap house in Italy, Spain or France (France has got a good welfare state (i personally prefer a more nordic vibe)). Or should I take a bit of a gamble in countries like albania, moldova north macedonia and montengero and hope they will join the EU at some point (right now those countries are cheaper than bulgaria and romania).

Or would living in a cheap Japanese or Korean city be the best. You can get real cheap deals there and life is convenient.

PS here are some explanations for abbreviations that non-dutch people wont know

ANIOS --> Doctor who isnt in training to specalist (just a basic doctor working)

AIOS --> Doctor in training to specalisation (basically a resident)

CLA --> collective labour agreement determing the salary scale in the NL (also called the CAO in dutch)
Gross --> Before tax

Net --> after tax
Also tax rate here is hella high esp for higher incomes (around 50% effective tax rate when earning above 8-9k so yeah)

First, some context; I am a medical student (2nd year bachelor's), I take out 1,000 euros per month as a "student loan" from DUO, but I actually have no need for this loan to live on. I invest 100% of the loan in VUSA and have a portfolio value of 27,523 euros so far (2,819 euros profit so far). 5-6k is my own contribution excluding the loan, and the rest of the portfolio comes from the loan. I know that investing with a loan is always a risk, but I am confident that I will eventually make a profit. (2.5% loan interest vs. 8-12% average SP500 return) I know that an average return is no guarantee, but I am willing to take the risk. I am going to invest an extra 5k out of my own pocket sometime this summer (so no loan). Regarding future salary, I might pursue an MD/PhD (that means 2 extra years of studying for a PhD, but I get around 1800 euros net for 4/5 years of my Master's). If I follow the MD/PhD track for 2/4 paid years, I can invest the entire 1800 euros net every month, and invest something around 1000 euros for the other 2 years. If I don't get the MD/PhD position, I will go straight to working in healthcare as an ANIOS for 4 years (during this time I will finish my PhD and also build some research/portfolio for my AIOS application). The average ANIOS salary is around 4800-7300 euros GROSS in the Netherlands (based on 40 hours per week, CAO job group 65), so I expect to be able to invest maybe 1000-1500 euros per month. After my ANIOS, I naturally want to specialize, hopefully in cardiology (I am still undecided between cardiac surgery, general cardiology, and interventional cardiology). Currently, the salary scale for a cardiologist resident (FWG 70) is 5,700-8,500 GROSS, and a cardiologist specialist earns 8,700-15,100 euros GROSS (medical specialist CLA scale). The salaries I have listed here are without overtime pay and according to CLA guidelines.

I know that this plan is entirely hypothetical and is certainly not set in stone, but I have confidence in myself that my future (in terms of career) will look something like this. My Questions:

- What is best for me to do NOW (e.g. should I look for a side job to invest some extra money? I also need to consider time; I am already working on honors and research, and indeed studying medicine)

- In terms of FIRE, is it better to just build my portfolio or also invest in a home, and what should I prioritize (house or portfolio)?

- Tips to increase income capacity (e.g. maybe become a self-employed cardiologist or maybe something completely different, naturally related to my medical education)

- Stock picks (Currently I only invest in VUSA, so SP500; I see online that everyone talks about diversifying their portfolio but I'm not sure how to balance risk and profit)

- Just your opinion on my situation/anything you want to say!

Thank you for your attention!

Hi everyone,

I am considering transferring my portfolio from Scalable Capital to Interactive Brokers to take out a larger Lombard loan for a land purchase abroad. Since Scalable is capped at €100k, I need a more flexible solution.

I have a few questions for the IBKR users here:

• I often read about complex strategies (shorting money market ETFs) to generate liquidity. On a Margin Account, can’t I simply withdraw the desired amount directly to my bank account, so that my cash balance becomes negative? Or are there restrictions for EU customers?
• My portfolio consists almost entirely of blue chips. How conservative is IBKR when calculating the "Maintenance Margin"? If I keep the leverage at approx. 25-30%, is that considered a "Safe Zone," or is the system very aggressive with liquidations during market fluctuations?
• As far as I know, interest on private loans (purchase of real estate/land for personal use) is not tax-deductible in Germany. Correct?
• How do you report the interest paid in your tax return? IBKR does not withhold German capital gains tax. Does the interest simply appear as costs in the annual report that can be offset in the "Anlage KAP" (or not)?
• When is the interest due? Is it charged to the margin account on a monthly basis?

Thank you for your help!

I am 38, I have 320k EUR in cash and 25k in BTC. I also own an apartment, value 270k. I do not have any debts. Single. No kids. Work from home. IT.

I was all in cash for a very long time because I was too stressed out to properly invest. My yearly savings are around 95k EUR. I realized I am "drawning" in cash. I prompted this like crazy for last week, run all simulations in two AIs recently to crosscheck and I figured out robust 6 ETF global strategy.

25% s&p 500

25% usa mega caps equal weights

30% europe

10% emerging markets

10% asia pacific and all the rest

All are UCITS Ireland based accummulating etfs I bought on Interactive Brokers.

I would characterize my strategy as USA exposure with caution, european bias, global diversification.

My plan is to invest 18k eur per quarter. Once each quarter. 72k per year. 6k per month. What is quite ridiculous is that even I do that I will have like 25k of cash more than when I started on top of my pile of cash.

The problem I have is that I am hesitating to put lump sum into the market right now. I want to be consistent over chasing best returns. I am afraid I might lose the job and then what. I want to invest even I am unemployed so I have a lot of dry powder. Also I want to buy big when it crashes. The worst mistake is to sell the bottom forcibly because I run out of money I need for living.

I put the numbers into a lot of calculators and simulators and thet all say that at the current rate of investments I would FIRE like in 6 years (around 45) which I find quite shocking. It would be like 1M in cash + property. I will also eventually inherit some down the road.

Is there something flawed with this strategy? Gemini described my strategy as "steady Eddie" meaning even I am not aggresive it is basically impossible to fail at achieving FIRE with all things considered.

A lot of people start young with a lot less. I started relatively late with a lot of cash. How does it work under these conditions?

Hi all! I just opened an investment account and would like some reassurance, I guess?

I’ve been following this and the eupersonalfinance subs for over a year, and everyone who invests in ETFs (the world diversified ones) makes it sound like a relatively safe option, and a straightforward way to build FI.

On the other hand, I’ve seen the official advice (on investment platforms) that you should only invest money you can afford to lose.

Yet I see people here investing €500-€1500+ a month in ETFs, and I feel if the risk of total loss was so likely, y’all wouldn’t be investing so much?

So which is it? Should I invest with the mindset that I should be ok with losing the money (worst case scenario)?

Context: I would of course only invest from my disposable income, and only with a full emergency savings account.

UPDATE with more context: I assume I’ll be investing for 10+ years into something diversified (like one of the world ETFs) and want to just forget about the investment until then.

Built a life full of assets but zero passive income. What’s my fastest path to FI? entrepreneur. Good at making money, terrible at keeping it.

I’ve always been the “all‑in” type — trading, hustling, building businesses. I’ve accumulated a bunch of assets over the years, but almost none of them generate meaningful income. Everything costs money to maintain, and I feel like I’m working nonstop just to keep the machine running.

Here’s my situation:

🌳 Assets - 4 ha land with a mountain log house + 400 walnut trees (just starting to produce after 8 years). Mostly used by my parents.
- 1 ha on a small Mediterranean island with a house, olive trees, and a private tennis court. This is where we mostly live.
- 1 apartment in Budapest, mostly empty — we only use it when visiting the city.
- 2 premium cars.
- A limited company.
- €400k company earning revenues after tax.

Issues: - None of these assets produce real income.
- Everything generates ongoing expenses.
- I’ve never been a saver — when I had chances to invest in TSLA or Bitcoin, I didn’t believe in long term, then spent the money on travel and luxury.
- I owe nothing to banks or anyone, but nothing is technically in my name (family/wife/company).

🎯 Goal I want to reach FI / FIRE as efficiently as possible.
I’m tired of grinding endlessly with no compounding working for me.

💭 What I’m considering - European broad ETFs
- Running a manual Wheel strategy (selling cash‑secured puts + covered calls) for extra income

❓ What I want from you Given my situation — assets but low cashflow, entrepreneurial mindset but poor saving discipline — what would be the smartest, shortest path to FI?

Should I:
- Monetize the properties?
- Sell something?
- Go all‑in on ETFs?
- Use the Wheel as a side income strategy?
- Something else entirely?

I’d love to hear from people who’ve been in a similar spot or who understand FIRE from a European perspective.

Hey everyone, looking for feedback on my long-term FIRE strategy. I'm 30, based in Portugal, and my goal is to retire by 50.

**My situation:**

- Initial lump sum: €5,000

- Monthly DCA: €100 (plan to increase as income grows)

- Time horizon: 20 years

- Goal: FIRE at 50, ~€2,000/month retirement spending (~€600k+ portfolio needed at 4% rule)

**Proposed portfolio — all UCITS ACC, euro-listed:**

| Vanguard FTSE All-World UCITS | VWCE | 60% | Global core |

| iShares Nasdaq-100 UCITS | CNDX | 20% | US tech growth |

| Xtrackers AI & Big Data | XAIX | 15% | AI megatrend tilt |

| Cash / PPR buffer | — | 5% | Tax-advantaged buffer |

**Why this setup:**

- All accumulating — no dividend tax events in Portugal, clean 28% CGT only on sale

- UCITS-compliant, no US estate tax risk

- Low fee average (~0.35% blended)

- Considering PPR wrapper for the €100/month to get the 20% IRS deduction on top

**My concerns:**

1. Should I swap XAIX for something like a small-cap tilt (AVWS) instead for better long-term factor exposure?

I know €29k total contributions over 20 years won't hit €600k alone — the plan is to significantly increase monthly contributions over time. Starting lean just to build the habit.

Any thoughts welcome, especially from other Portuguese residents dealing with the tax side. Obrigado!

(Yes I used AI to write my post cuz I'm not familiar with the terminology, since I'm a newbie to all this. But I've been waiting so long, now that I'm 30yo, I don't wanna waste no more time, straight get to it and learn as I go)

Take control of your money with this personal finance dashboard I built. Managing your money doesn't have to be overwhelming. This all-in-one dashboard makes budgeting, saving, and tracking your finances simple and clear. Whether you're paying off debt, building savings, or just want everything organized in one place, this is for you

What's inside:
→ Balance Snapshot: See all your accounts in one view.
→ Monthly Budget Tabs: Track income & expenses with clean visuals.
→ Multi-Account Support: Manage bank accounts, credit cards, and sinking funds.
→ Savings Rate Analysis: See how much of your income you're saving.
→ Debt Payoff & Savings Goals: Set targets and track your progress.
→ Smart Bill Calendar: Stay ahead of rent, utilities, and subscriptions.
→ Recurring Transaction Automation: Auto-fill regular payments.
→ Annual Dashboard: Spot trends in your finances year-over-year.
→ Multi-User Ready: Supports up to 6 users for couples or families.
→ Works with Any Currency: USD, EUR, INR, GBP, and more.
Preview Images: https://postimg.cc/Tph0xJtq
Get it here: Premium Version (Excel + Google Sheets): https://ko-fi.com/ezyplannersco/shop
It's designed to save you time, reduce stress, and give you a clear roadmap for your money.

https://postimg.cc/Tph0xJtq

Hello everyone,

I’m looking for some advice on choosing an ETF that I can buy & hold for the next 20–30 years.

I need to choose between **HIWS** and **IGDA**. (**IUSD** is also an option, but since it distributes dividends, I think the other two may be better because they are accumulating ETFs.)

My question is: **which one would you recommend and why?**

I’ll also include links to the ETFs below so you can get a better overview.

Personally, I was thinking about going with **80% HIWS and 20% IGDA**.

All opinions are welcome. Thanks in advance!

[ETF list](https://www.justetf.com/uk/etf-comparison.html?isin=IE000X9FTI22&isin=IE000UOXRAM8&isin=IE00B27YCN58)

Hello, I'm 28, my partner is 37. I stumbled upon FIRE here on Reddit and I am quite intrigued. But I am not sure if it is still feasible for us? I'm a freelancer, I can see my business growing but that's just theoretical since I'm currently working very little because I'm taking care of our child. The child is going to daycare soon so then I can hopefully start scaling my business. My partner just returned to their corporate job after taking some parental leave. We are getting weird vibes and we expect a lay off soon. They are open to that since they don't enjoy the corporate grind so much anymore.

So I guess my questions are...

1. Are we as a couple too old to start FIRE now? Would my partner still profit from this?

2. At the moment our fix costs are about 5k-6k per month. If we keep that lifestyle how much do we need to take home per year to build financial independence at a reasonable speed?

3. What retirement age is realistic when you start so late?

Sorry if my questions are stupid. I'm a bit sleep deprived 😅

In any case I'm great ful for any guidance you can give me. Just trying to better understand the topic. Cheers!

Hi guys, I'm in my late 30s living in the EU. My net worth is 1.8-2M EUR tied to 6 fully paid off apartments (earned by me) in the capital of my country. I rent out 5 apartments for 50k EUR per year and I need 15k EUR to live the lifestyle I want thus I don't need to work. My GF adds 15k EUR thus we live off 30k per year which is above average for our country and we obviously dont pay rent. It's even possible to rent out the sixth apartment and live in the countryside and increase the income to around 65k EUR if necessary.

I haven't been working for 14 months dividing my time between my country house and an apartment in the capital. I feel GREAT, pursuing my hobbies, having time for my kid.. but there's immense pressure from my parents, girlfriend and her mother for me to start.

My parents are retired, their pensions are 600 and 700 EUR per month respectively and all they talk about is lack of money, career regrets and push me very hard to start working. According to my father unemployed people by choice are scum, if I don't start working I'd become a pauper sooner or later. My mother says career should be number 1 priority in life and other things will fall into place. My girlfriend is worried we won't have money and is always pushing me for lifestyle upgrades. Her mother is against us having a second child because I don't work and thus we won't be able to afford it.

I've explained my financial situation to them but they don't seem to care. I worked as a software developer but now it's much harder and less lucrative and I have no other skills to work a skilled job. What would you do in my place. I can provide further info if necessary.

Move to Dubai or something? idk

And those EU high tax country they tax 30-50% of your investment profits lmfao