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As stated, I was talking about mentioned regions, not country average. My friends are my friends, they have nothing to do with how much I invested, and of course your observation is wrong, I know how much my property increased in value since I own it. It's rather wild to claim I overpaid 50%...

I'm there a lot, and I have friends and also business partners there. It is correct in several provinces I'm traveling, Izmir and Trabzon in particular, in some provinces it is caused by new regulations that were put in place after the 2020 earthquake, many many buildings were destroyed or are...

In that time, I'd guess it's rather pretty stable, also housing prices did grow a lot, despite market getting flooded with new buildings.. And keep in mind, if you rent it out to natural persons, you are only allowed to +25% rent per year, and only after 5yrs fully adjust to neighborhood...

No, I lived there few months and my friend helped me out. Now, the currency is somewhat not stable, that prevents full potential of economic growth.. but I'm not a professional.

My apartments value grew approx 12% per year for the last 4, calculated with euro. I think türkiye might get into a better and stable economy&currency in the next decade, if you want something stable now, that's too uncertain.

You need to pay for that.

Appreciate the answer, yeah I was asking for too much, haven't been around this forum too much. Anyway, it was not like a must have list, just good to have if possible, but well of course i will lower my list. I don't know why i mentioned the russian passport, haven't used that anywhere except...

I think he rather searches someone who gives him a passive share in a project, and he only contributes servers. Or he sells them.

Hi, looking for a good location for a holding company (or trust). Having German or Russian (just by ancestry) passports, living in eastern europe. Currently involved in 8 companies (USA,UAE,Libya,AZ...) in some sort of "own nothing, control everything" schema, but in an unsafe matter. As I...

You are just missing some bureaucracy obligations that can be annoying to deal with, mostly in the first year. Several visits to the local tax office to submit some documents for VAT registration etc. (In case your accountant don't want to do that) And the monthly accounting is also something...

5% is final. Your post is too short. It must contain a minimum of 30 characters and above. your curent characters is 12

No that was actually real, no scam. The risk is on him, attorneys can create companies and submit declarations in your name, without the requirement of a notary. I don't know, I just know 5%. 16% just sounds like the normal business tax if you are not categorized as micro company.

Definitely local. Honestly I can't recommend any, I just had one and a bad experience with that attorney, submitting some declarations way later then I asked him to, also lying to me about it. Almost all of them speak good english so just try your luck and calling one or writing an email...

No? Is a cook considered doing consulting? Residing, it is true that rule does not exist anymore, in the beginning it was also just 500k. 3% till 1M or 1% if you hire yourself and pay ~460€ salary per month 180 or smth will be income tax on that first 65K no vat 5% dividend tax on payout...

The list is almost infinitive

Best practice (but probably not needed anyway) would be also keeping all receipts of your daily life, as well as flight tickets. In case you want to evade something, travel by train or car and ask a neighbor or some random to collect receipts for you as well, give a little money and everybody is...

You can only hire residents from my experience. You need a resident ID (Personal Code / CNP), I don't think there is a way to hire someone without a CNP. And if you pay salary then you just pay everything I don't think there is a way around that.

i888 is right, It's about 530€ per year, I just didn't remember how my accountant explained it and tried to calculate something but now I remember, I was also told about ~550€. Bulgaria is a completely different story, In romania you just pay SS for the minimum wage when you payout...

You don't really pay personal income tax, if you only get dividends, you pay social security contribution for the minimum fulltime wage capped every 12months. Maybe i'm wrong but that's ~2k€ per year

Yes I live in cluj, I'm happy but afterwards I would rather go with Timisoara You can't just do tax stuff here, you always need to have your center of live there or you gonna repay to another gov, so no apt in your home country, and instead of visiting family for 4 months, just go somewhere...