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Philippines as well. (why does my post have to be longer).

I'd strongly advise against the Philippines. It's a lawless hell where the courts and government workers are bought and sold every day. It might not seem like a big issue but if you're living there issues will most definitely pop up - vehicles, landlords or land disputes. You will be spending a...

Others seem to have gotten letters regarding the social contributions indicating that they don't have to pay. "Sole trader" typically implies a trade of services or goods, stock trading or investing does not fall into this category. Sounds like the Belgian lawyer is indeed clueless since for...

You can't open an IB US account as an European resident. As per regulation you have to have your account at an EU subsidiary, whether in Luxembourg, Ireland or Hungary.

So the official response from Cyprus Civil Registry and Migration Department came in: "If you are in possession of an MEU1 and you make social insurance contributions, you can register with GESY. If you do not make social insurance contributions you can register with GESY only if you have an...

That's a question of terminology. Around the world typically corporate tax implies a tax on profits whether distributed or not. The local websites call it "tax on distributed profits".

Most seem to miss this point. It's about receiving the ID card which enables you to interact with all levels of government with relative ease. It does nothing for taxation.

Since I was born in the Soviet Union, some people said in 2004 during the EU expansion with a smirk "from one union to another". That held negative connotation.

When it comes to SI, I still figure @Cyprustr posts have been correct and capital gains don't fall under the self-employed category. I don't see anywhere in Cyprus law a difference between short-term gains and long-term gains like in US. Investments are investments and not employment. The moment...

There's some silent protest from the newer member states (including mine), they don't go with everything that the German-Franco-Italian bureaucrats dictate as before. That's a tiny spec of hope, otherwise we'd looking at being taxed at 90% and all becoming little working ants for the monster...

Have you considered buying private insurance? I know it's an unfair system but it's manageable. I've also written to CY authorities with this question, I'm not expecting a reply anytime soon. It would be interesting to ask about this on the EU level. Social Insurance system in CY seems to apply...

This looks absurd if true. Collecting insurance for a specific reason and then not offering the same said service. How can this be legal? They could have increased GESY rates for very old residents but I suppose they didn't proceed with this due to some discrimination lawsuit fears.

AFAIK citizenship determines this, not where you're moving from. I'd also be relocating from Asia (EU citizen).

You're braver than me. Even though I've used both for years, they're beyond ridiculous. Jeepneys you will get a full dose of MM pollution, short-term meaning headaches and long-term lung cancer. Sounds like you have not experienced rigged meters or drivers who demand extra payments. One time I...

Where did you actually get this information from? If I'm legally a resident then I have GHS from reading what @CyprusLaw wrote. I would like to see Cyprus decline health care to EU citizens who are contributing to GESY (or not, if for some reason without income) and are residing legally in the...

It depends if you want to be legit / near-legit or dark. I personally would never go dark, it can come back to you at any point.

As @Dom pedro noted, the accounting trail will still show how funded the account and on top of that US authorities are likely to classify you as operating a business inside the US and you'd be taxed as such.

From what I see this is not true. As per IRS at least: NOTE: If your only U.S. business activity is trading in stocks, securities, or commodities (including hedging transactions) through a U.S. resident broker or other agent, you are NOT engaged in a trade or business in the United States. The...

There's no corporate tax in Estonia per se. Dividend payments to shareholders are taxed at 20%. Corporate tax implies an annual obligation, which it's not. You can roll profits for decades without paying a cent.

How would you go around in the Philippines then? Unless you live in Metro Manila or Metro Cebu, you won't have car service and will rely on taxis which are notoriously overcharging and drivers often violent. Hiring a driver sounds great but unless you want a full-time employee for yourself, it's...