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    Would this set-up trigger tax residency (in Southern European country)?

    Tax residency and tax domicility are two different concepts and my comment (along with the tax treaty only made references to tax residency). Cyprus has its own criteria for tax residency (which would trigger the double taxation agreement, as it refers to the tax residency). For posterity, here...
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    Would this set-up trigger tax residency (in Southern European country)?

    There are two factors that will be at play here. Are you a factual tax resident in Spain? If you are also a factual tax resident in Cyprus, to which states are you liable to pay tax? Based on the reading of the following summary: Spain - Individual - Residence Have Spain as their main base or...
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    What is the best method to exchange money to another currency?

    I've used Interactive Broker quite successfully in the past to convert large amounts. Just make sure you have local accounts in your name.
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    How to avoid dividend tax for non resident investor?

    I've been using interactive broker and my account is with their UK entity. I haven't had to submit anything special to the Irish tax authorities. I suspect the process is somewhat automatic based on the stated country of residence when you open the account.
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    How to avoid dividend tax for non resident investor?

    Here is a page that explains taxation of Irish ETFs: Nonresident alien investors and Ireland domiciled ETFs - Bogleheads It also contains a link to a description of withholding taxation for non-residents.
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    How to avoid dividend tax for non resident investor?

    You can invest in an Irish-Domiciled ETF which would result in 15% withholding instead.
  7. L

    If I open a Wise account for my UK Ltd, who is going to know?

    Not at all. In fact it's quite normal I'd say. My company had accounts with 4 different providers at one point.
  8. L

    If I open a Wise account for my UK Ltd, who is going to know?

    Well, according to Wise no one: How does tax work with my Wise account? | Wise Help Centre However, as they mature, they are likely to start reporting information as per CRS (usually to the country of your residence), so I wouldn't count on the current policy remaining in place forever.
  9. L

    NHR program from a company abroad

    Unfortunately, I have not yet earned that privilege either. I have set up a temporary email where you can reach me at: [email protected]
  10. L

    NHR program from a company abroad

    Provided your activities fall under the NHR and your freelance income is below 200k, you can pay tax through a simplified regime where you pay 20% (NHR tax rate) on 75% of the revenue (the other 25% is assumed to be business expenses, so no need to keep detailed receipts, etc). So that's an...
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    NHR program from a company abroad

    I'm in the process of moving to Portugal myself, so most of my information is based on research, rather than practice, but I'll give it a try: You automatically deemed to be a Portuguese tax resident by staying in the country more than 183 days in a year, or maintaining a habitual residence. In...
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    Transferwise biz - how to handle multiple currencies in terms of accounting?

    I am not a qualified accountant, so take everything I say with a huge grain of salt. When I ran a UK company we did all of our reporting in pounds. Just briefly looking at HMRC's website they do provide a guide on how to do currency conversion for VAT (Transactions in foreign currencies and...
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    Non resident income in EU

    Generally, if you are not a tax resident of a country, the country's tax authorities would not come after you. The rule you quoted from KPMG is not conditional on you being a tax resident somewhere. It simply says that if you are not a tax resident in a country work performed outside of that...
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    Transferwise biz - how to handle multiple currencies in terms of accounting?

    By you, or whomever runs accounting for your company. The conversion doesn't have to be an actual conversion, but you would use the rate for that day to do it. Again, this is for accounting and tax purposes, what you do with the cash may be different. So for example, on June 1 you invoiced 10k...
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    Transferwise biz - how to handle multiple currencies in terms of accounting?

    Generally, it will all be converted into a single currency (usually the currency of the country where you do your reporting) and you will take profit/loss on the conversions. Xero supports multiple currencies, as should your local accountant.
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    Non resident income in EU

    What that specific line refers to is the fact that, if for example, you live in Thailand, and work for a UK company in Thailand, you would be considered a non tax-resident in the UK and would therefore not be liable to pay income tax in the UK. The reason that gets mentioned is because the same...
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    How much USD wealth would you like to have in order to renounce your citizenship?

    Conclussions: 1. Would you renounce your citizenship? Yes/No and Why I have a few friends who had to renounce their citizenships by birth to obtain citizenships by naturalisation (in developed EU countries) and many of them have since returned to their countries of birth and now have...
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    US Citizenship or Dominica?

    Personally, I would never move to the US. I do not like the culture, or what it has to offer. However, if I had a choice to work with anyone on a business venture, I would pick an American in a heartbeat. Their work ethic is second to none. I would also consider raising money in the US, as their...
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    UK income tax for non residents

    Hello, Generally speaking, if you were not physically present in the UK while working, the income would not be considered to be UK-sourced income and no tax in the UK would be payable. It is true that you would be liable to pay tax on your UK income (as per your link), but income is attributed...
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    Buying US ETFs with "retail client" status

    It seems Tastyworks (Options Trading, Futures & Stock Trading Brokerage) allows unrestricted trading for EU residents (europoor.com - Buy U.S. ETFs from Europe - ARKK, UPRO, QQQJ...) . I haven't used them, so can't comment on how good they are.

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