Search results

As far as I know it's illegal and quite risky. are they both in mauritius? Last edited: Dec 17, 2019

Much worse than just paying taxes is paying taxes and getting nothing in return. I am in the same situation, but I came to a conclusion that money doesn't matter when you love the country where you live. And it's not just about taxes, it is also about banks, bureaucracy, safety, language, social...

What do they ask? If a simple invoice is enough it's not a big issue then. Nowadays all banks are bothering with such a proof. Then your visa is meaningless in case of tax residence for EU countries as a proof of residence. Adress on the application and on the ID are different things

There is a flat rate of 100k whatever your income is. If you make a 7 figures yearly it's a good location

Are they now printing the address on the Emirati ID ? Are you keeping a rented property in UAE to please the banks and be double safe?

Freezone companies are quite expensive and it's near impossible to open a bank account for them. Just apply for a freelance visa. It's much cheaper. don't forget you have to reside there for a 180 days to be able to get a tax residence

In case of Austria you can manage your Cyprus company without CFC to be triggered. There is an article with a proper structure. It highly depends on your passport country tax rules.

Because Bulgaria is a shithole. The only case Bulgaria is good for is when you need a lot of low paid employees. In other cases if you make less than 50-100k you can choose any eastern EU country and your quality of life will be a lot higher than in Bulgaria with the similar tax rate. +60 days...

how to find them? what comission do they charge for such a transaction?

Is the same with UAE? It seems there are not too much residency options left why do you need it if your home country has 0 tax?

It depends on how much time you will be residing in Georgia, if less than 183 days you will be having just a residence permit but not a tax residence and thus your offshore company will not be considered resident also. The same goes with UAE. Panama route is quite exotic and hard nowadays.

Is the crypto cash out definitely classified as a dividends or interest income by the tax office? If yes, 5% seems a fair tax. Because he has an offshore company and as I understand some activity will be conducted during his residence in Georgia. It depends on how he will make the cash out, if...

As far as I understand a trust or a foundation has a substance separated from the beneficiary and settlor with a few exceptions. It makes no sense using them otherwise. The task is precisely to protect myself from any dumb laws present in the jurisdiction I am or will be resident. You are the...

Interesting solution at the moment, they can start performing KYC and AML checks in the future, but it seems now it can be used. How to cash out such gold bars in SG or outside the country without loosing a lot of interest? What services are you referring to?

You are really lucky, since UAE was in the EU blacklist and banks could even close the account, not to mention the request for documents. Also almost all banks will limit your account access without an active passport on file.

The question is whether trusts or foundations will be able to protect my assets regardless of my current or future jurisdictions. Let's imagine the following situation. I create a trust(foundation) in Guernsey with a bank account in the same place or in Switzerland, then a trust earns some...

Are the trusts a good solution right now for the asset protection? Do they perform better than a simple offshore company with nominees? For example I setup a trust being a single beneficiary. Then a trust earns some income, which I don't receive yet. Can the state make some legal claims or...

Do you live in Monaco? There are no more tax heavens in Europe as far as I know. There are non dom systems and remittance basis of taxation but it's not actually a tax heaven

Why these countries?

What will protect?