theviewer1985 said:
Seriously...?
Your confidence changes everything. Cyprus was my first choice because not only is it a hot, lush island, but it also had the second-best tax rate I could find. Which I believe is 12.5% corporation tax ONLY. And ZERO percent on everything else (including dividends) for 17 years. Is that right?
Anyway, the reason I went off that idea is because I heard back from a tax/immigration service out there, called Mcmillanwoods. Read the email if you like:
CleanShot 2023-04-03 at 12.07.54 - they did say what you said, which is to show a 'stable income' but they sounded very uncertain of the OnlyFans thing being deemed as stable.
Although in hindsight, I probably did overreact to that. Im sure 2 years of solid accounts, showing well over £25k savings AND £3k per month x 2 wouldn't be looked at as unstable. Unless Cyprus really hates sex workers or something.
After that email, I turned my target to Romania. Which I believe has the best tax rate (9% all in). It does look like an incredible country (and may be my new number one) but I just can't shake the idea that I'd regret not picking a sunny country.
So with Cyprus, can you give me a basic order of actions - talk to me like I'm 10yrs old with a 1,2,3,4 list of steps if you have the patience. Presumably opening a LTD is the very first step. Do I need any sort of VISA before visiting there, or do I turn up on a standard tourist visa and deal with getting the digital nomad residency while there? At what point should I rent a long-term apartment as that seems risky too early?
Oh and lastly do you have an accountant recommendation that helped you or your friends with all of this?
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