Relocation to Portugal? Or maybe Malta or Andorra?

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I'm not sure about the Spanish rules, but they would usually have︀ to find a PE in order to tax foreign companies. If you just come and︁ visit for a day to meet a client, I can't imagine they would be successful.︂ And moving to a treaty country should lower the risk further.
The more important thing︃ is that, as far as I know, Spain has strict rules about accepting that you︄ are no longer a Spanish tax resident. If you move to the UAE (blacklisted jurisdiction),︅ they will just say all your income is still taxable in Spain.
So it would︆ probably make the most sense for OP to move to an EU country.
 
Yes of course, that is what I am⁠ looking for.

So far Andorra has been partially discarded due to high real state costs,⁤ and well, the nomad visa/permit is pretty much impossible to obtain. Otherwise 50k are needed⁣ to be deposited to the AFA.

Therefore the conclusion of the post is basically Malta⁢ or Portugal if want as near to Spain as possible.

If don't mind getting more︀ to the East, more options open: Bulgaria, Romania, Georgia, Montenegro, North Macedonia... All of them︁ cheap in costs and low in taxes... But more far away.
Ah well, then︃ you escape those bad months!
Partially, Spain is giving problems to people︊ with NHR status discussing their residence, but it is rarely related to LLCs (except they︋ know the LLC existed before you leaving Spain).

Usually I have been reading people having︌ trouble on pension, insurances, banking, etc having income tax withholding tax, they saying they want︍ the tax not to be applied "in origin" and Hacienda saying, we don't care about︎ the CDI because you are a NHR. We are gonna keep applying income tax withholding️ to that.

However, afaik, that is for income with direct origin in a Spain entity.‌ I would probably face these issues if I had passive income arising from Spain.

But I guess that would not happen here.

Anyhow, I think a partial workaround to avoid‍ appearing in the accounting records of customers would be to use a Merchant of Record⁠ or a FreeLancer platform, to further hide the real entity behind...

Just thinking out loud.⁤
Only problem as a I said is that Spain is excluding people with NHR because︆ they say it would not apply the CDI for those people (except for the brother︇ of the Prime Minister, who is a NHR, "lives in Portugal" -in a house which︈ can not be livable-, works for a Spain public institution with a public salary and︉ he is 100% legal according to Hacienda. You know, typical rule of law and lack︊ of corruption in Spain lands...).

I think no one had problems with 3rd party countries︋ companies though, it is usually more related to income arising from Spain banks, insurances, etc.︌

Regarding the blacklisted jurisdictions, it is ofc much better to avoid them. They can be︍ a headache already if moving to EU, I could not imagine moving to a blacklisted︎ country...

On this side of things, that is why I have always tried to avoid️ buying real state in Spain for now. They love to use it against you.

If I were to buy it in future, I would probably do it through an offshore‌ company with a nominee director to at least, mitigate part of the risks... They are‍ always trying to rip off

Thank you all again!
 
Came across this service called Rauva. They bought a bank in Portugal and basically they‌ provide incorporation, digital bank account and virtual office. Have never used them. Can’t vouch but‍ may be of interest for someone. Don’t know if the address can be chosen in⁠ one of the islands or just mainland.

Virtual address​

Set up your fiscal address or⁤ register your company in Portugal.

+65€ / month​


    • Tax address in Portugal
    • Scanning and emailing⁣ of the postal correspondence
 
Zero Social Security for⁤ dividends in Portugal, whether it's from abroad (with no tax under NHR/IFICI) or from a⁣ Portuguese company. Social Security is for salaries.
If you set up a Portuguese company and⁢ you are the director, you need to pay yourself minimum wage where you pay a︀ little Social Security, but that is only on the minimum wage.
 
Sounds good. Do you already have⁣ a PT company or just looking around?

I am asking because i am looking to⁢ find some advisors/accountants for both the IFICI and PT company setup.
That is the idea I have!! Is this something you have done similarly? Any︅ recommendation for PT advisors?

Thanks!
 
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