Search results

this is good option, better than having to spend 5M+ AED onreal estate or set up a company but this visa requires a $5k+ monthly income. so if you cannot provide proof of such income you are out of luck.

update: the cyprus-malaysia setup is a must because you cannot setup up a local malay company and run it on mm2h visa. also uae property based visa is a no go since you need to buy at least 5M AED worth of real estate so the only path is through setting up a free zone company.

oh, great. thanks. so it is 5M AED / 1.15M EUR / 1.35M USD. that is quite a lot for a limited-time visa. i presently have no use for a company and the overhead for accounting and of having to have empty office in order to get banking seems too much but compared to over 1M property, it's pennies.

does the property ownership residence visa require a minimum price of the property or any property will do? i have not found any information on this so it seems there is no limit but i just want to be sure.

is this truly sufficient to prove to authorities that the company is NOT controlled from your country of residence and avoid paying taxes where you live? sounds too good to be true. i guess this works for real companies but not one-man show umbrella companies, right?

I just read in random comments on YT that Serbia has supposedly demanded freelancers to pay social security and possibly some taxes, backtracking 5 years. What's the scoop? I know NC promotes Serbia quite a bit for living, real estate and to hire people. But this is a really big red flag.

it's hiding under Council of Europe Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL)

yeah, i could have just "doing some research on the web". who needs forums these days... right? i mean, do we even need internet? i wonder..since you can just walk outside and ... talk to people directly. why waste electricity and invent things? dunno...food for thought i guess..

Let's remove countries with citizenship based taxation out of this conversation since there is very few of them and are irrelevant to most people.

shouldn't SEPA be free through entire EU??

IB supports all banks AND customers who are from countries on this list, according to their website: Countries - Financial Action Task Force (FATF) although different IB branches might support different countries. find the branch you want, click on open account, then "what you need" and you have...

dude, what?

OK, makes sense. So let's focus on Malaysia. foo bar

I would like for someone to clarify the territorial tax system for me. Specifically, many of these countries clearly state that "foreign income" or "income source from outside" is not taxed. And I think it is crystal clear, but some people say that this is false and you can get paid by a foreign...

ok, it was just heliotrope in this trhead, who stated that multiple times. not multiple people.

yeah, that's what i though. why do people keep saying this stupid **** then?

so if one has to pay GESY(healthcare) from dividends but is not allowed to get healthCARE from it, how is that legal? you pay for healthcare you cannot receive???? makes no sense. and i do not believe it. healthcare and social security are two very different things.

"but this is not required. He can carry out any duties afforded to him by the Articles of Association of the Company" usually when work is performed without some type of a contract and a payment, it is considered illegal. that's why in EU(some?) you cannot have one-man company, do the work on...

if the company and the director(s) are not from a greylisted or blacklisted country, preferably eu, it should be no problem. but that is off topic.

It seems Cyprus does not have a minimum wage laws, so I wonder if it is possible for the company director to have 0€ salary, hence he and the company would pay no healthcare tax, no social insurance fund tax, no redundancy fund tax, no industrial training fund tax, no social cohesion fund tax...