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A lot things have been pointing me to Barbados and liking its idea. It's solid treaty network and even 15% withholding from US is actually unique, instead of 30% like most strategic tax regions. However, note that they just increased their CIT to 9% for businesses over $1mil for 2024+, instead...

Say I live in a territorial tax regime like Costa Rica or Malaysia, and have a resident corporation doing remote consultation. I understand that work I do from within the territorial tax country is locally sourced income, even if the client is say in the US. However, if I travel to the US to...

With a little bit of extra, I'm looking at St Kitts and get a citizenship out of it too. Having a citizenship and a property in a zero tax regime where I can always call home sounds interesting. I'll be able to nomad (with family) around the world before tax thresholds are met then exit and lay...

I've read many unofficial sources about Chile's 5-year tax exemption but haven't found true confirmation of this. It seems to also include controlling foreign companies or remote workers operating within Chile is still considered as foreign sourced income and falls under zero tax, which is...

To end your tax residency from your home country, usually requires an exit tax. You'll have to pay capital gains tax on the crypto at market place when moving out from when you bought it. Research exit or departure tax for your home country for more details.

Territorial tax is not as great as it seems, of course better than not. But because Controlled Foreign Corporation (CFC) and Permenant Establishment (PE) tax rules, foreign sourced income means you can't work on your business from the territorial tax country or local tax rules kick in. That...

I had a similar idea but for P2P forex using smart contract escrow. The forex industry needs to be disrupted from the banking cartels and govts, they're gouging and making a killing.. plus this was one of the promises of crypto. If your escrow trade is solid and open to a pivot, this would be...

In a UAE post-tax world, I know freelancers have to pay 9% tax for profits over 375K AED / year and file even for under that amount. What if you're working as an independent contractor for one company that's out of the country? Could this be considered as an employment and don't need a work...

Does fixed deposit mean a bank investment fund with profit rates? For example, $1mil deposit for 3 years and earn 2% APR? Or is it more like, “Malaysia govt, hold my money hostage for free?”

I'm realizing separating the corporation and personal is impossible if you're a consultant or freelancer due to Permanent Establishment rules in territorial tax regimes I think across the board. I'm thinking of buying some online or passive income business so I have more options in where I can...

Ok yes 0% is over, except for the wealthy (but replaced with compliancy fees so still never 0% really). And morally I'm ok with paying tax as long as it's not going toward unjust wars. So what are some options to explore for low tax strategy for a tech freelancer? Still UAE even with added fees...

A lot has changed in the age of 2024. From FSI re-definition in Malaysia, to new corporate tax in UAE, to global substance requirements for offshore corporations, to BVI investigations, Thai changes, to way higher bar for MM2H, to Panama Papers, to OECD 15% corporate tax minimum rolling out...

But does the remote worker have to pay taxes on the foreign-sourced income remitted within Malaysia with the new laws around FSI that came into effect? How can that be structured with the tighter controls for taxing FSI?

I'm also looking into this same setup if I understand correctly: 1) Open Labuan company 2) Provide myself a Director's visa to live in KL, etc. with my family. However, it sounds like if the company is giving out employment visa it must have 250K MYR in paid up capital but not sure. Can't I...