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This is a bad idea due to branch profits tax. What I would do in your case is combine some kind of foreign entity (IBC/LLC or LP/LLP) with banking in the US or Puerto Rico. Then take out the dividends/distributions as crypto and spend it in Brazil. If you want to stay legal, corp tax in Brazil...

So if we: 1) set up a limited company in Cyprus, 2) become a tax resident (non-dom) shortly after, 3) after a year or two decide to leave Cyprus (aka become a non-resident) and travel full time as a PT ...we are not going to be able to get a tax residency certificate for the LTD anymore, at...

Why SVG out of all countries?

The following website: https://www.qnta.biz/resources/publ...ed-business-strategies-directors-remuneration ...states that "the tax efficiency of drawing funds from your company in the form of director's fee or remuneration could become even more advantageous when a NED is not tax resident of...

Buy it at a Bitcoin ATM

Hi all, I've decided to set up a private foundation in a certain jurisdiction and contacted almost all of the local CSPs but apparently none of them are able to provide professional council services. I just need them to open a bank/brokerage account (which I will assist with) and to invest the...

K/S in Denmark Is this the Lithuanian equivalent of German UG?

I would avoid using Wise for such amounts, no matter the exchange rate

Enter the Schengen, take a Cessna to France, live there unregistered. Problem solved. Just watch out for the debit card transactions/logins to internet banking from French IPs. I suggest you set up a VPN server at your Bulgarian home.

Such as?

Is there a JEPI equivalent that is domiciled in Ireland?

That is also a good point. There are options though, especially with substance.

Probably not because at the end of the day, they are still commies

Just passports or residency as well?

Sounds good. Thank you.

Here's the example: Let's say that a person (who is at the time not a tax resident of Cyprus) sets up an irrevocable discretionary foundation in Panama and endows it with cash that the professional councillor uses to invest in stocks and ETFs. The founder then moves to Cyprus and becomes a...

Hello, Does anyone know how Cyprus treats non-EU/EEA foundations in the context of non-dom residency? I can describe a specific example if needed. Thanks Last edited: Apr 22, 2023

Ok. Thank you for your answer.

Indeed, it's not about taxes at all. I'm just looking to avoid inheriting the properties in my own name. Both are fully recognized as legal entities but also tax transparent as there are CFC rules for individuals. Tax however is out of scope in this case. Seems like there is no difference...

It's not about UK. It's about the global UN Agenda 2030 powered by eco-cultists from the Club of Rome.