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there is a ton of payment process providers around the world. if stripe or paypal(braintree) does not work in turkey, find another one. looking to incorporate in another country just because some company from the other side of the world does not support your country is quite stupid. turkey is a...

If you move to another country through some type of long stay visa and you are not citizen, how do you prove to tax authorities that it is now your domicile and you don't need to stay there half a year to be a tax resident by default?

The healthcare contribution for unemployed investors is 2.65%. I wonder how that is calculated. For example If i trade stocks and make 100k€ during the year, is the GHS calculated from this amount or from taxable amount, which for capital gains would be 0€? Also, what if I would simply buy...

There are plenty of options for favourable tax regimes around the world, most notably those with territorial tax system, but usually these jurisdictions require the 183 day rule to be met in order for a person to be able to get a tax residence for the year. Sometimes this is not something one...

although it just occurred to me that you can simply purchase stocks at the end of the year from all your profits from that year, which will make your income effectively 0 so you would pay 0 on the health insurance.

here: Cyprus GHS they list Income earners (e.g. rent, interest, dividends) so I would assume that your untaxed income will be subject to this tax. so if you are doing well, 400€ a month for health insurance, which does not cover you outside of Cyprus, is pretty high, in my opinion. As you can...

stocks yes, forex no. futures no. source: https://www2.deloitte.com/content/dam/Deloitte/cy/Documents/tax/CY_Tax-Facts-2020EN_Noexp.pdf although you might have to pay for healthcare, 2,65% on income up to 180k so that is 397,5€ a month. i am still unsure about this if you are a stock...

doing some research, the 0% tax on foreign income is complete bs. yes, you can have some exepmtion on very specific type of oncome but in reality you won't. the entire thing is literally a scam. this is good overview, hard to actually find any good ones on the entire internet...

https://taxfoundation.org/capital-gains-taxes-in-europe/ by 0% i meant CGT.

no, as i have wrote, they have fixed fees. nothing more to it. but of course you pay fee when you buy and when you sell as well. but i think that goes without saying. if you make trades with more than 995 shares, you will save money compared to any other broker that charges fee + per share.

Just thinking out loud here, if I would set up a company, to trade stocks and maybe flip properties(outside of Cyprus), in Cyprus and I would employ myself as a director and I would be the sole shareholder BUT I would live in Malaysia(via their MM2H program), the company would be considered as...

just to tl;dr, my point was that this is the cheapest stock broker because it has fixed fees and not per-share + SE fee and trading through it works just fine. no one is saying one has to use their banking, since it is a bank, but if someone is looking for cheap trading option, this is it.

forex and crypto are NOT tax free, only equities/securities like stocks(primarily), unless the company whose stocks you trade owns property in Cyprus. capital gains are tax free unless they are from properties on cyprus. see...

Is there a way to change the forum theme to a light one? i don't see any option to do so and I cannot stand "dark" themes whatsoever.

another confirmation of the SCD/SDC Cyprus Tax ”“ Special Contribution for Defense | Cyprus | PKF Cyprus i see why we were not on the same wave. i was talking about capital gains through investing in a stock market as source of income for the company. but i posted links to sdc on dividends. the...

a ton of banks in europe have free accounts for individuals and companies. so even 100€ per quarter is waaaay too much.

it is certainly not great, but it is more about where do you want to actually live? i could live in cyprus and pay under 3% for healthcare from my capital gains income and be done with taxes and everything else but even though i have not been there yet, cyprus just does not attract me as a place...

anotherone: that is my current idea as well. trade stocks and flip houses through cyprian company, tax free, and live under NHR in Portugal, Malaysia(MM2H) or Georgia(residence via investment). They all are territorial tax systems, with the portugal being only temporary(10y). As for taxation...

ok, i see. well, this is the same crap all over europe where if you want to withdraw more than 5000€ you have to provide the purpose and source of the money. which angers me to no end. but it is literally everywhere, even in usa they have 5k limit before reporting to irs or something like...

dividends for a company are subject to the same taxes as for a person. simply put, avoid flipping real estate in cyprus or trading stocks of a company that does that. my question is the SDC. i get it that on a personal level it is not applied but on a company level it is, if the company is tax...