Recent content by theviewer1985

  1. theviewer1985

    Question Best credit card to use full time in Cyprus

    Ahh okay :( So are there any other ways over in mainland Europe to gain a good hotel status by default, along with other perks like airport lounge access etc? I'd imagine if no credit cards are doing it, then perhaps health care or insurance might be? It'd suck to lose my hotel status, which...
  2. theviewer1985

    Question Best credit card to use full time in Cyprus

    Hey So I am moving from the UK to Cyprus soon and want to know what credit card to use. The way I spend typically is to use my American Express Platinum card whenever possible. I like this card as it means I not only gain points for every £ spent, but it gives me Gold status at most hotels and...
  3. theviewer1985

    UK Citizens, Adult Industry, Low Tax solutions

    Urgh mate, im hitting road blocks everywhere. So I've spoken to several immigration lawyers in Cyprus now and half of them seem super laidback and think of it as easy: "Fly out as a visitor, open an LTD and we will sort your permanent residency while here" The other half seem to make it sound...
  4. theviewer1985

    UK Citizens, Adult Industry, Low Tax solutions

    Oh I am following that one up dont worry :D I have a 1 hour consultation with a Romanian immigration lawyer on Friday! But although Cyprus is technically more expensive, (only by a few %) I just cant ignore the fact that we do love sunny climates. Romania however, is a very very nice second...
  5. theviewer1985

    UK Citizens, Adult Industry, Low Tax solutions

    And on the digital nomad visa, I would still be a tax resident of Cyprus (presuming I stay there longer than 60 days? Yeah my plan would be to open a LTD company as a director. Can you PM me? I deffo would love to know what accountant you use, as it is tried a tested. I still cannot figure out...
  6. theviewer1985

    Process for dropping my UK tax residency

    I still have no idea how PMs work on this site, I cannot see a link anywhere But could you send me a PM as yes, I will likely benefit from advice off of someone who is former HMRC :D
  7. theviewer1985

    Process for dropping my UK tax residency

    Thanks for this. That flowchart is useful, although the double negatives were a mind spin lol. Here are my result, with what I believe is the best chance I've got: CleanShot 2023-04-03 at 14.28.41 Unfortunately it wouldnt be possible to leave within 16 days - however it says providing we...
  8. theviewer1985

    Process for dropping my UK tax residency

    Hey again! My first one was a little more vague about how to get my company offshore and quite honestly, the replies BLEW MY MIND. This forum is incredibly helpful and so friendly. I love that we are all like-minded. I asked similar on moneysavingexpert once, and several folks condemned me for...
  9. theviewer1985

    UK Citizens, Adult Industry, Low Tax solutions

    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...
  10. theviewer1985

    UK Citizens, Adult Industry, Low Tax solutions

    Thanks for clarifying :) I can also stay in Cyprus 90 days every 6 months, without a VISA as well if I am not mistaken. (as a UK passport holder) But that feels like its wrong. Surely id need a VISA of some sort, especially if I am a tax resident there. A Work Visa at the very least. I doubt I...
  11. theviewer1985

    UK Citizens, Adult Industry, Low Tax solutions

    Out of interest, why do you say spend 60+ days and travel the rest? Is that just for travelling's sake?... or is this approach so that I don't end up becoming a tax resident in Cyprus and therefore I'd not be a tax resident of any country? Or actually, on second thoughts, maybe you are saying...
  12. theviewer1985

    UK Citizens, Adult Industry, Low Tax solutions

    Oh that was just to know my options - like I presumed I could come back for 180 days if I wanted too... but if it makes things complicated, I happily wouldn't. Which is looking like one of our main options at this point to be fair. Move to Cyprus, open a LTD and stay there permanently with...
  13. theviewer1985

    UK Citizens, Adult Industry, Low Tax solutions

    To add my last reply to you - even if I am a Tax resident in UK, isnt that what double taxation treaties are for? So if I own a Romania LTD, paying me dividends - I will of course pay tax in Romania. So doesnt that relieve me from paying tax in UK since the two countries have a tax treatie?
  14. theviewer1985

    UK Citizens, Adult Industry, Low Tax solutions

    This is very helpful thank you. I do have one other option then... as losing my UK tax residence seems quite difficult. Even if I never set foot on UK shores, there is a chance my history, family, (potential) house purchase might keep me here. However, if im not mistaken, that is still a much...
  15. theviewer1985

    UK Citizens, Adult Industry, Low Tax solutions

    Thanks for the info. So the question now is, how would I lose my tax residency in UK. Let's say rather than moving around the world, I rent a house in Country X for 7 months and have a Company there... and then only stay in UK for less than 5 months? Could it be as simple as that?

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