Best tropical place to live?

[Anonymous1234]

I would argue living conditions are better in︈ Malta, there are mountains in the north, there is good and comino as well. Then︉ there is st julians and paceville and then marsaskala in the south which is more︊ laid back and has mansions.
Sorry but Malta is way safer than Cyprus, we don't︋ have immigrants from Lebanon, Palestine, Tommy robinson or Israel coming here to create more problems,︌ by the way being in schengen as well doesn't change the fact that you will︍ be asked to open your bags whether coming from sicily or anywhere from Europe or︎ outside.
Again, I would argue Cyprus is easier to do business than Malta? Malta has️ lower taxes than Cyprus whether trading income or IP box, Malta has better IP box‌ than Cyprus, in malta you can almost deduct 95% plus total expenditure to total income,‍ there is a complex calculation but in the end you pay less. Also the non⁠ dom is unlimited not like Cyprus which is 17 years, it's decent but Malta is⁤ still better since we are drawing a comparison here.

I agree, Cyprus is more suited⁣ for retired people with no drive left or ambition lol. Malta is more lively, buzzing⁢ closer to Europe and much better place to run your offshore companies, with NO CFC︀ issues if company is categorised as non domicile. Also, English being an official language of︁ Malta is a big plus whereas Cyprus has Turkish and Greek. Malta is also in︂ schengen area plus from a geopolitical standpoint is a much better place to be than︃ Cyprus which can be bombed or invaded any moment, maybe it won't but the risk︄ is far greater if war breaks out. Hence, I would like to crown MALTA as︅ the overall winner

 

[Anonymous1234]

Which countries don't have audit requirements if I may ask?

 

[daniels27]

Here is a good list.
https://www.accountancyeurope.eu/wp-content/uploads/2022/12/Audit-exemption-thresholds-in-Europe.pdf

Country	Balance sheet total (EUR)	Net turnover (EUR)	Number of employees
Austria	5,000,000​	10,000,000​	50​
Belgium	4,500,000​	9,000,000​	50​
Bulgaria	1,000,000​	2,000,000​	50​
Croatia	2,000,000​	4,000,000​	25​
Cyprus	0​	0​	0​
Czech Republic	1,500,000​	3,000,000​	50​
Denmark (review)	537,000​	1,075,000​	12​
Denmark (audit)	6,000,000​	12,000,000​	50​
Estonia (review)	800,000​	1,600,000​	24​
Estonia (audit)	2,000,000​	4,000,000​	50​
Finland	100,000​	200,000​	3​
France	4,000,000​	8,000,000​	50​
Germany	6,000,000​	12,000,000​	50​
Greece	4,000,000​	8,000,000​	50​
Hungary	Not applicable	833,333​	50​
Iceland	1,400,000​	2,800,000​	50​
Ireland	6,000,000​	12,000,000​	50​
Italy	4,000,000​	4,000,000​	20​
Latvia	800,000​	1,600,000​	50​
Lithuania	1800,000​	3,500,000​	50​
Luxembourg	4,400,000​	8,800,000​	50​
Malta	46,600​	93,000​	2​
Netherlands	6,000,000​	12,000,000​	50​
Norway	2,500,000​	625,000​	10​
Poland	2,500,000​	5,000,000​	50​
Portugal	1,500,000​	3,000,000​	50​
Romania	3,350,000​	6,650,000​	50​
Slovakia	2,000,000​	4,000,000​	30​
Slovenia	4,000,000​	8,000,000​	50​
Spain	2,850,000​	5,700,000​	50​
Sweden	150,000​	300,000​	3​
Switzerland	18,203,000​	36,405,000​	250​
Turkey	4,070,000​	8,140,000​	175​
United Kingdom	6,541,000​	13,082,000​	50​

BTW: No any audit in‍ Guernsey.

 

[JustAnotherNomad]

Maybe we should split this discussion into another thread since it has nothing to do‌ with my original question.... Then again, I guess the discussion has pretty much been settled.‍

I didn't really⁣ understand this program.
If you spend just 1 day per year in Malta, how would⁢ this help you, unless you are from a country like Spain that formally requires you︀ to take up tax residency somewhere else?

If you go down the regular residency route,︁ is there a minimum stay requirement to be considered tax resident? The way I understood︂ it, you just have to be ordinarily resident, so have an apartment, etc.?

 

[Sols]

Please show me where on the map the mountains of‍ northern Malta are located. I have spent so much time in Malta and thought I⁠ had seen every nook and cranny of the islands by now.

You can split︁ the crime stats a lot of different ways, but in the end both Malta and︂ Cyprus have low crime rates. They are both very safe places to live in. The︃ crime that does happen is the kind that's generally easy to avoid. No one is︄ going walk up and stab you like they did Hugo, unless you are Hugo. No︅ one is going plant a bomb in your car, unless you're conducting scathing investigative journalism︆ involving high profile people in the upper echelons of Maltese society.

Agreed. Cyprus is boring. Malta is more exciting. The Maltese tax regime is more favorable.︋

But there's a difference in what kind of businesses the two offer. Malta is hugely︌ reliant on igaming with a small but decent fintech sector. Cyprus is a bit more︍ varied. To an extent, that's simply a function of Cyprus being physically larger and geographically︎ different.

English proficiency is comparable between the‌ two. Plenty of Maltese people are uncomfortable speaking English because they only hang around with‍ other Maltese speakers. Same way you can find Cypriots not comfortable speaking anything but Greek.⁠ There are hardly any Turkish speakers in Cyprus (assuming we're talking about Republic of Cyprus).⁤

There are two UK military bases in Cyprus. There is a large Turkish armed︁ presence in the north/TRNC. Greece, France, Israel, and the US are collaborating closely with Cyprus.︂ The US views arming Cyprus and getting it up to NATO standards as a strategic︃ objective, which is why it has been increasing Cyprus' access to buying US weapons to︄ modernize its army and military facilities. If anyone bombs Cyprus, it'll probably be the last︅ thing they do. Or it's part of a conflict so much larger it doesn't matter︆ which Mediterranean island you're on.

In terms of close nearby friends and allies, Malta only︇ has one: Italy. Libya used to be an ally before Gaddafi was strung up. Malta︈ and Tunisia have almost nothing in common besides their languages being quite similar and some︉ minor cultural similarities like that.

At some point around page︌ 2 or 3, it became clear there is no tropical (or subtropical) location that fits︍ your needs. So at this point, let's just let the thread live the new life︎ it's taken on. If you want a discussion that stays true to the tropics, though,️ please start a new one and tag me in the thread, and I'll be stricter‌ about deleting off-topic there.

 

[Anonymous1234]

Well, next time do better research, here are the links to heinous murders and killings︁ in cyprus. I will just share 2 for now since its a waste of my︂ time since I am not selling cyprus residency or company incorporation services.

https://www.google.com/amp/s/www.bbc.com/news/world-europe-10284041.amp

https://www.theguardian.com/world/2010/oct/25/cypriot-tv-star-accused-murder

Here is a bonus, an army officer is supposed to protect people of the country and︃ its residents but here it's something else:

https://www.google.com/amp/s/www.bbc.com/news/world-europe-48110874.amp

 

[Anonymous1234]

Here is the link,⁠ I don't know what your definition of mountain is , but in the link you⁤ will find plenty. I don't know if you were talking about Malta or you went⁣ to Malawi, maybe malawi has some mountains too?

https://peakvisor.com/adm/malta.html

 

[Anonymous1234]

So basically, a country has been invaded⁤ and divided by Turkey, been continuously threatened by Islamic militants and is been raided by⁣ immigrants from the same countries which is threatening to bomb it if any of its⁢ territory is used to attack, Cyprus will be bombed before the other countries are wiped︀ out. Israel couldn't even handle the houthis or get the hostages back from a bunch︁ of street thugs, what do you think Cyprus can do?

Alright, I rest my case︂ here.

 

[Sols]

Not sure why I'm surprised, but you missed‍ my point, which was that both places have similar crime rates and there's hardly any⁠ meaningful difference between them.

I can confirm that Malawi has mountains. Malta︀ does not. The fact that you seem to insist Malta does tells me everything I︁ need to know. For one, the highest point in Malta is in the south west︂ (not the north). And it's little more than a hill.

Thanks, much appreciated.

 

[Anonymous1234]

I confirm Malta has no mountains, As an Italian with English being my second language,‍ I was considering mountain as being the same as a cliff, hill or a peak.⁠ My bad. But I still remain confused haha.

To End the discussion, I don't sell⁤ Malta or gain anything from it, I am a resident of Malta and post regularly⁣ to stay updated and test my own structures in the process and contribute to the⁢ community in my best capacity. Cheers.

 

[Konstanz]

but Malta and Cyprus are not tropical. It's not much difference than any other place‌ in med

 

[drphantom]

very good thread, but I have no clue where you would live on which tropical‌ island ?

 

[Konstanz]

Some people from this forum live in Caribbean,‍ even citizens of Caribbean so they know the best 🙂

 

[vehzag]

Bali maybe?dunno

 

[5K1PP3R]

I've been looking into Cape Town, especially Camps Bay,it’s one of the most beautiful places‌ in the world. The water is cold, but you can swim with a wetsuit, and‍ on the east coast, it’s warm all year round. Interestingly, real estate prices in top⁠ areas have nearly doubled over the past year. What’s driving this? There seems to be⁤ a clear trend of foreigners buying property,Dutch, Russians. https://www.property24.com/cape-town/camps-bay/property-trends/11014

Crime in South Africa is localized.⁣ As long as you stay within certain areas, it’s mostly fine. There are no bars⁢ on windows, just fences around houses or gated communities. Does anyone have personal experience living︀ there?

There was a period when power cuts were a big issue, then it got︁ better, but now it seems like outages are back. Does this actually affect daily life,︂ or is everyone just installing solar panels and moving on?

Prices are cheaper than in︃ Thailand

Is it a good time to get in? I guess I would buy a︄ house for myself and something to rent out. There will be more remote workers and︅ retired Europeans every year I would imagine.

Also, how realistic is it to get a︆ passport, for example, through marriage?

 

[Wellington]

Laos, Vietnam, Cambodia, Bali, Fiji, Malaysia, Sri Lanka, Zanzibar Island, Diani beach (Kenya).

Rule out‌ Thailand - it’s drastically changing - everything digital and verification as well as jumping to‍ both the US and China, and then there’s taxes - still tax free for offshore⁠ (territorial) but they are getting more and more greedy so that’s expected to change in⁤ the next year or two.

 

[Wellington]

Cape Town is fine, there’s︇ also a Germanic style wine area I looked at previously only issue is instability and︈ wealth grabs

 

[Wellington]

Carribean is not ideal as the islands are‍ too small and everything is imported and because they are surrounded by the US or⁠ subservient to European nations or the UK a lot of the rules/regulations being shoved down⁤ your throats in those countries are seeping into the islands.

Naturally there are some islands⁣ not chained to mother superior - whom ever that be - but they are usually⁢ turbulent or unstable politically or socially or increasingly burdening with regulations/taxes

 

[daniels27]

I sent you PM.

 

[5K1PP3R]

Laos, Vietnam, Cambodia, Malaysia, Sri Lanka - heat
zanzibar island - isl4m‍
Kenya - Malaria, Dengue, Zika, Chikungunya, Schistosomiasis, Typhoid, Hepatitis A, Yellow Fever, TB, HIV