I would prefer it had the option of generating income. What do you mean by "the market has set it - ROI / ROA will be pretty much the same and chances are slim that any individual will be any wiser."?
What would be some good locations globally to buy farmland that not only integrates essential factors like soil, weather, labour etc, but also tax, politics etc..
Warmer weather would be preferred. I was thinking Panama, Costa Rica etc.
Very negative sentiment towards the Beckham law in this forum. What is designed specifically for professional individuals employed in spain that hold foreign assets in their personal name (ie not a foreign company that will trigger Spanish cfc rules)?
And I assume no transfer/stamp duty tax to purchase or tax upon disposal (if you are offshore and structured correctly). That's right isn't it? My original question pertained to taxation.
Interesting. Thanks.
It seems if a resident of a tax free country buys a property in a country (e.g. USA) he will pay transfer tax/stamp duty + tax on rental income + tax upon disposal. Probably around 20-30% total. Conversely that same resident if investing in REITs would pay no tax to...
Would a resident of a tax free/territorial tax country using a BVI company to invest in equities, ETFs REITs etc on the major exchanges pay tax upon disposal?
Buying a property in South Africa with a BVI company. The corporate CGT rate here is 22.4% and there is no DTA between SA and BVI. Any idea if my company would need to pay the 22.4% upon disposal?
I was just using Ukraine as an example. Im not looking to buy Ukrainian real estate. My question pertains to how to disperse funds from an offshore company and bank account into various other highly regulated markets. So for example, how does a Bahamian company buy stocks in Russia, real estate...
@neweraoffshore
Thanks for the link. Yes many countries are adopting exit taxes and a litany of other rules and regulations. That changes nothing however from the fact that an unammended DTA - perhaps even 30+ years old - takes legal precedent.
"The tax treaties are not the same, and Norway's...
Exactly. I was speaking to a Nevis lawyer and the bank account wasn't an issue at all. It was basically a formality when setting up the company. Its all about where are the funds coming from and what is the company doing.
I was more hoping to get an idea of how these structures work when...
Thats not true. International law trumps domestic law. Norway can pass any domestic tax law they want but an unamended DTA will have legal precedent. Thats why he needs to go through each DTA to see if therein lies an opportunity. Until then no one knows.
Looking for some basic guidance in setting up an offshore structure that will allow me to easily engage in various global, commercial and investment activities while offering maximum protection and limited tax.
Im guessing the basic structure will involve an offshore trust holding an offshore...
The advice in this thread is terrible. You need to find the best Norwegian tax lawyer you can afford and explain your personal crypto trading/investment situation (of which no one here is aware) so they can advise you. Then you need to get them to read through all the Norwegian tax treaties with...
If it weren't for that 6 month rule Id be very interested. I consider it a massive liability in this new world with the way governments are behaving. Perhaps the airlines (or the UAE or even the country I'm departing) requires a certain vaccine update, credentials, invasive test etc that I dont...
What happens if you cant make it to the UAE for 24 hours every 6 months? And is there are transaction fee for sending money (a broker referred me to a Vanuatu bank that charged 0.1% per transaction).