Best EU country to get citizenship
- Thread starter Alex4Days
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What does it mean "offshore purpose" ? You may be more specific.
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Disclaimer: Nothing I say should be taken as tax, legal or financial advice. Anything I say is for general informational purposes only. Always seek independent professional advice.
Support the Freedom of Speech of our Community
Disclaimer: Nothing I say should be taken as tax, legal or financial advice. Anything I say is for general informational purposes only. Always seek independent professional advice.
Least hustle with local tax agency.
Lets say I open a BV company and live in Sweden. The Swedish tax agency is going to chase you and harass you.
Take into consideration the latest OECD actions: http://www.oecd.org/tax/oecd-releas...-circumvent-the-common-reporting-standard.htm
Consultation document
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Bulgarian Company Formation | Starting at 160 EUR | GCE
Consultation document
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Bulgarian Company Formation | Starting at 160 EUR | GCE
Another vote for Malta! I'm certainly new to this whole area but from my research Malta seems the most beneficial EU country as well as being pretty easy and cheap.
Ordinary Residence
Ordinary residence in Malta requires individuals to physically live on the island for a period of six months or more. The transfer of one's residence from a high-tax jurisdiction to a lower tax overseas country is available to both EU/EEA and non-EU/EEA nationals. There is no minimum value property requirement for non-residents seeking to obtain ordinary residence in Malta, unless there is the need for an Acquisition of Immovable Property (AIP) permit, which applies in specific circumstances.
The qualifying criteria, which vary according to whether the individual seeking to obtain ordinary residence in Malta is an EU/EEA national or a third country national, can be easily complied with, thus making the attainment of Maltese ordinary residence even more attractive.
There are different grounds on which EU/EEA nationals may become ordinarily resident in Malta, including economic self-sufficiency, employment, education and opening a business, the most popular of which are being set out hereunder.
Economic Self-Sufficiency: This criterion requires that such individuals show that they are able to provide for themselves and for their accompanying dependants by being financially stable and not being in need of any financial support from the Maltese government. The current thresholds for EU/EEA nationals are set at a minimum capital of € 14,000 or a weekly income of € 92.32 for single persons, and at a capital of at least € 23,300 or a weekly income of € 108.63 for married couples. Furthermore, an extra €8.15 per week is required per added dependent.
Employment: A second ground on which EU/EEA nationals may obtain ordinary residence in Malta is employment. Hence, an individual must accept offers of employment or seek employment in Malta, work in Malta as an employee or be self-employed. Alternatively, an individual may opt to set up a business in Malta and work for his / her own business.
Ordinary residence in Malta requires individuals to physically live on the island for a period of six months or more. The transfer of one's residence from a high-tax jurisdiction to a lower tax overseas country is available to both EU/EEA and non-EU/EEA nationals. There is no minimum value property requirement for non-residents seeking to obtain ordinary residence in Malta, unless there is the need for an Acquisition of Immovable Property (AIP) permit, which applies in specific circumstances.
The qualifying criteria, which vary according to whether the individual seeking to obtain ordinary residence in Malta is an EU/EEA national or a third country national, can be easily complied with, thus making the attainment of Maltese ordinary residence even more attractive.
There are different grounds on which EU/EEA nationals may become ordinarily resident in Malta, including economic self-sufficiency, employment, education and opening a business, the most popular of which are being set out hereunder.
Economic Self-Sufficiency: This criterion requires that such individuals show that they are able to provide for themselves and for their accompanying dependants by being financially stable and not being in need of any financial support from the Maltese government. The current thresholds for EU/EEA nationals are set at a minimum capital of € 14,000 or a weekly income of € 92.32 for single persons, and at a capital of at least € 23,300 or a weekly income of € 108.63 for married couples. Furthermore, an extra €8.15 per week is required per added dependent.
Employment: A second ground on which EU/EEA nationals may obtain ordinary residence in Malta is employment. Hence, an individual must accept offers of employment or seek employment in Malta, work in Malta as an employee or be self-employed. Alternatively, an individual may opt to set up a business in Malta and work for his / her own business.
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