10M.+ optimization tax residency when you have 3/4 bases.

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toums said:
I currently don't need a crypto-friendly banking, I already have 2 banks in 2 different juridictions (outside Portugal) where I am able to cash-out without any problem since the 2017 bullrun..
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It doesn't matter, Gibraltar is still the cheapest and zero-headache option where you can have tax residency which is legit and they don't stamp your EU passport when you enter/exit.
 
hlepic211 said:
It doesn't matter, Gibraltar is still the cheapest and zero-headache option where you can have tax residency which is legit and they don't stamp your EU passport when you enter/exit.
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are you personally using this scheme ? If there any officially minimum presence per year ?
 
JohnnyDoe said:
Escape from the EUSSR and fly to the Caribbeans.
With $10m at 10% you have the budget for a couple of private return flights to Europe per year and for living a simple, comfortable life.
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I don't want to live in Caribbean islands... I know also quite well South/central America (brazil, colombia, argentina , Mexico etc..) but too unsafe to live peacefully.. I honestly prefer SEA countries, particularly BKK as a good hub to go everywhere (with large panel from UAE to Australia). AND I really want to spend several months a year in Europe.. as explained in the first post.

By curiosity, what are you thinking in Caribbeans?
 
toums said:
I don't want to live in Caribbean islands...
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Why not?
toums said:
AND I really want to spend several months a year in Europe.. as explained in the first post.
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Not a problem as long as you have cut all your ties with France and don't spend more than 182 days there.
toums said:
By curiosity, what are you thinking in Caribbeans?
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Any island you like, plus T&C, Bahamas and Bermuda.

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JohnnyDoe said:
Why not?

Not a problem as long as you have cut all your ties with France and don't spend more than 182 days there.

Any island you like, plus T&C, Bahamas and Bermuda.
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Because : not safe + boring mostly (i like more busy cities with many options) + too small, and often not well connected to fly easily.. And I am 37 not 60 yet..

Was already in Bahamas.. Nassau is really not nice and small islands there... well... underdeveloped a lot and nothing to do there (except for the sea ok). I even prefer Seychelles than Bahamas, or French Polynesia but really too far and nothing around.

France is not the problem, i left 11 years ago and spent like 1 month a year there.. No business/no activity there, and no wife or kids.. so I think all fine with France.
 
toums said:
Because : not safe
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Who told you this?
toums said:
+ boring
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stupi#21
toums said:
mostly (i like more busy cities with many options)
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Options to what?
toums said:
+ too small,
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For what?
toums said:
and often not well connected to fly easily..
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Where? London, Madrid, Paris, Miami, NY for example all have daily flights to many islands.
toums said:
And I am 37 not 60 yet..
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The Caribbeans are for young people not for retirees.
toums said:
Was already in Bahamas.. Nassau is really not nice and small islands there... well... underdeveloped a lot and nothing to do there (except for the sea ok).
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Ok, go to Dubai. Have fun. taha"¤%

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JohnnyDoe said:
Who told you this?

stupi#21

Options to what?

For what?

Where? London, Madrid, Paris, Miami, NY for example all have daily flights to many islands.

The Caribbeans are for young people not for retirees.

Ok, go to Dubai. Have fun. taha"¤%
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Sorry, don't take wrong what I said

I went to already some (included some french Caribbeans island too) ; ok it's not unsafe as Brazil or Colombia but it's not my definition of 'safe' places either.
I like big cities, vibrant, with lot of options to going out, bars, restaurants and possibility to have everything almost 24/24.

The fact to be close to US I really dont care because I am not attracted at all by US country (ofc i already visited several times), but i dont care about NYC or Miami TBH.

For Bahamas I was sincerely very disappointed (even for holidays..).

Globally I think Caribbeans island can be "more ok" if you have connections there and/or you go there with your family, not as a single life (from my opinion and lifestyle).

If you read my first post, I would prefer to avoid Dubai if I have to spend 90days there. I just want to spend approximately my year, as explained in the 1st post (so never 5/6months anywhere) AND get a safe and efficient tax residency somewhere (else?) without minimum presence required, preference outside EU. Otherwise I just keep NHR scheme in Portugal if no better alternative in my example.
 
How about Panama?
It's 0% tax as far as I know, many digital entrepreneurs choose this jurisdiction
 
toums said:
I currently don't need a crypto-friendly banking, I already have 2 banks in 2 different juridictions (outside Portugal) where I am able to cash-out without any problem since the 2017 bullrun..
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Would you mind sharing these 2 crypto-friendly banks/jurisdictions?

toums said:
I don't have any relative in Thailand, so gift/donation you mentioned are not an option for me.
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Make a win-win deal with a Thai girl and get married with a prenuptial agreement.
Set up local bank accounts in her name where you keep online/app logins to receive and transfer money from/to your personal accounts.

Structure cost:
From THB10K (260 EUR) to THB30K (770 EUR) per month to "support" her + initial lawyer fees for prenup.

Benefits:
- 1 year renewable marriage visa/extension of stay (you can choose to be Thai tax resident or not whether you stay more or less than 180 days a year in Thailand).
- Up to THB20M (513K EUR) tax-free gift to wife per calendar year.

Last edited: Mar 18, 2024
 
toums said:
If you read my first post, I would prefer to avoid Dubai if I have to spend 90days there. I just want to spend approximately my year, as explained in the 1st post (so never 5/6months anywhere) AND get a safe and efficient tax residency somewhere (else?) without minimum presence required, preference outside EU. Otherwise I just keep NHR scheme in Portugal if no better alternative in my example.
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Qatar? No presence required. Has treaty with france.
Territorial/zero tax
 
I have the same question as you except I'm worth 1/10 of your declared net worth and I have a family with kids.
Even my wife of 10 years doesn't know how much money I earn or I have in the bank.

If I was you I would keep my mouth shut to anyone including your family, friends and future girlfriend about your net worth.
Plenty of bad stories in Thailand of guys getting kidnapped and their crypto stolen at gun point.

Go wherever you think is best, just keep your mouth shut down all the times.

JohnnyDoe said:
Do you understand that this is an oxymoron?
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Singapore, Hong Kong, Auckland, Sydney, Melbourne, Rome. These are all large and safe cities. I have been or lived a considerable amount of time in each of them. (Rome the least safe but still better than the European average).
 
12345 said:
How about Panama?
It's 0% tax as far as I know, many digital entrepreneurs choose this jurisdiction
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But right now as to invest at least 200K$ in real estate there correct?
JohnnyDoe said:
Do you understand that this is an oxymoron?
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In LATAM yes... but in Asia?
Mercury said:
Make a win-win deal with a Thai girl and get married with a prenuptial agreement.
Set up local bank accounts in her name where you keep online/app logins to receive and transfer money from/to your personal accounts.

Structure cost:
From THB10K (260 EUR) to THB30K (770 EUR) per month to "support" her + initial lawyer fees for prenup.

Benefits:
- 1 year renewable marriage visa/extension of stay (you can choose to be Thai tax resident or not whether you stay more or less than 180 days a year in Thailand).
- Up to THB20M (513K EUR) tax-free gift to wife per calendar year.
Click to expand...

Well, if Thailand my plan is not to stay the whole year, maybe 5/6months a year. I don't plan to make business there or remitted my money. I can keep my money easily outside Thailand. Probably I would rent or buy a nice condo in BKK, but if I understood well, not need to pay any tax on it if I can prove that this money was earn before 2024, correct?

Implicating a wedding with a thai and all these grey/borders things with no plans to rapatriate the money in the Kingdom seem to be more stressfull, incertain and useless, no?

Don said:
Qatar? No presence required. Has treaty with france.
Territorial/zero tax
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I had a look on your link. It's written 'permanent house needed in Qatar'. Is there a minimum to invest (buying real estate) or rental also accepted?

wellington said:
From around 16 I had a goal (t) to impregnate every and all tails

Processed food killed that I guess
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@wellington

Do you mind in we talk in private as you seem competent/experienced with Thailand scheme ?

If yes, can you send me a PM ? thanks

Last edited: Mar 18, 2024
 
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