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Andress explained it so now I understand it perfectly, thank you - it's actually very simple : cyprus domiciled means either born there or having lived there for 17 out of 20 years previous to the tax year. But you are right, it is confusing when the same word means something different in...

I'm very sorry to disagree with you Clemens, but the only one here "making noise" is yourself. Khinhali has actually been very helpful and kind and does not deserve to be spoken to in this rude manner - at all. This forum is called offshore talk. I interpret it as talking about all aspects that...

Hilarious !!!!!!!!! They shout and then hug !!!!!!!!!!! Hopla some chacha and all is forgotten - until they come home and have to explain their wife why the car lost a door - or perhaps even 2 :-) O boy ... I just can't stop laughing ... Nope, I disagree, this is all related to Georgia...

good morning khinkali, I'm starting to wonder if there's anything you don't know :-). I'm speeding up on my checklist for sure since I found you :) ; so definitely a no go for the north trip ; check. I didn't know it was that bad up there. I don't mind a long trek, so Turkey it is. Import tax...

Hello Khinkali & Traveler & Jonny Cage, I really do appreciate your honest and fast feedback - these real life experiences are exactly what makes this forum so valuable. Traffic ... Right ... kamikaze style ... hadn't considered that ... Jonny Cage, how are the connections please to go from...

I don't want to be in the "pure" isolated countryside far away from everything - but I do need land (or a place where i could park my horses near a city) so somewhere on the outskirts of a city would be perfect. I've lived in isolated places so this doesn't worry me. Driving is not an issue...

@ admin : how would you feel about this please : now in several threads, there is interesting information being mixed up from different countries and everything is a bit spread out. How about you make a sub-forum called RESIDENCY AND PERSONAL INCOME TAX PER COUNTRY - and every country gets...

Elve is right : by staying only 2 months in cyprus you can difficultly claim a PE for a OU. But why do that ? There is the EU parent directory, so dividends coming from any EU company go tax free to another EU company. And then when the dividends arrive in Cyprus you take them out tax free, out...

You can not "just" become a tax resident and live there for 2 months without paying any tax : they will consider that you have expenses while living in cyprus so this is money you bring into cyprus so on this money you must pay social security 14,xx %.

@jim Beam : I'ld be interested in hearing HOW LONG you have had your cyprus company and learn the contact info of your accountant. I've contacted 3 but no answer. I'ld rather pay a bit more for a reliable office than look for the cheapest solution and then after X years get presented a huge bill...

isn't it better to wait for brexit for creating UK (and scottish) structures ?

I was told that, in case of a PE that manages non-local source income, this non-local source income becomes Georgian income because it is managed from within Georgia ... ; it's a bit the same like CFC rules on a personal income level (you manage personally your company in another country - so...

here is the definition of "domiciled" as defined since 2020 : https://www2.deloitte.com/content/d...s/Tax/dttl-tax-cyprushighlights-2020.pdf?nc=1 conclusion : dividends remain tax free EVEN if you are a tax resident (you become domiciled after 17 years)

@ khinkali & Jea : I think it depends on the TYPE of activity you have. Eg : you have an online business in country X but you are a resident of Georgia. If you visit country X once or twice a year, and you say that you have your meetings there with your bank in country X, your accountant in...

I think FATCA means spying on US citizens money and allowing to take 30 % of bank deposits if the US should consider (or claim) that the money qualifies as "personal income". This is why banks ask : where does the money come from ? If it is from personal income but not in a tax return, FATCA...

Hello Khinkali & Jonny Cage, thank you both for your feedback ! It's helpful that you mentioned the bureaucracy in Thailand, as one of my ideas was a BOI company that also gives you residency and 13 years tax exemption. I prefer paying some tax somewhere, than being tax exempt and having to deal...

I think that is where the confusion comes from : "domicile". Citizenship = where you are born Residency = where you live part time or full time (but where you don't necessarily pay tax) - eg. have house in country A, rent flat in country B, travel around in country C D E Tax residency = where...

hello Loizos, thank you for clarifying this - and so early in the morning ! So basically, a EU foreigner would then obtain the status of non-domiciled tax resident, would not be taxed on dividends, not on dividends received from his/her cyprus company and also not on dividends received from...

Thank you for your helpful input khinkali, that is helpful ! How long have you been in Georgia please ? What would be your top 3 of the + of living there and what would be the top 3 of the - ? What made you decide to do there and how did it improve your life ?

to avoid creating 2 threads about an identical topic