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Thanks Johnny - indeed its not very credible. Given I have already taken the step and am currently a tax resident in Cyprus (and have set up a company), what would you say is the best option at this point: to stay in Cyprus for another year or to initiate the move to the DR as soon as possible?

You are absolute stars - thanks ever so much for the time taken and the insights provided - it definitely helps towards looking into next steps. I have read in a few articles that having obtained residence in Cyprus for the first year is not a bad option, and that it serves as a "bridge"...

@marzio @JohnnyDoe In my particular case (as described at the start of the thread), I risk Spain considering my centre of economic interest to be in Spain. How would the Dominican Republic option (vs Cyprus) help with this, all things remaining equal?

Im struggling to find some info on the Dominican Republic program / advantages / content in general either through YouTube, Search or even this forum. If you do have any sources of info grateful if you could share. Thanks!

Thanks ever so much @marzio!

Thanks @marzio - this was recommended by someone else in this thread as well. Aside from Dominican Republic any other alternatives?

Thanks @marzio @lostguy - any suggestions of options which offer this protection (and don't require you to stay 183 days)?

Hi - exactly so. What I was pointing out was that if Spain considers me to be a tax resident, then the Non-Dom is void (and hence points 6-8 do not apply). If this is correct, the doubt is regarding what is considered the "centre of economic interest". If I obtain (and prove) that over 50%...

Hi everyone, Thanks for your responses on the previous thread I created - I didn't expect this to generated such a heated debate. I have re-read this thread to try to arrive at some conclusions: 1- The Cyprus Non-Dom program grants you tax residency provided you a) spend 60 days in Cyprus...

Yes - this is what I read. Unsure where JohnnyDee is getting the no minimum stay requirement

If this is truly the case then it seems like a no-brainer?

Thanks JohnnyDee - all this is new info which I will most certainly explore in detail. In terms of say the Dominican Republic: would you be knowing what the minimum time required to spend there is per year? apols - just read its 182 days

Thanks JohnnyDoe for your perspective on this - point taken. Without necessarily going tinto great detail, what would your suggestion be to play it safe?

Thanks JohnnyDoe and Larin for taking the time with this - greatly appreciate. Even though I am not domiciled in Cyprus, I have been granted tax residency by the country. Spain may not accept it, but surely in the event of a dispute between ESP & CY the tax treaty should come into play? Or...

Let's assume for a second that I wasn't a 50% shareholder of a company in Spain (meaning the only tie I have with Spain is a flat which I rent out and the fact I hold a Spanish Passport). In this theoretical case, would Spain still consider me a Spanish tax resident?

Thanks for the response! Why would I not succeed if: 1- I have tax residency in CY (and have done necessary paperwork to cancel my tax residency in Spain) 2- I don't have a property at my disposal in Spain (and spend significantly less than 183 days in the country, and have flights/bookings to...

Hey there! Thanks for the reply ;) Article 9 is clear and aside from the vague "base of economic interests". In this regard it may be beneficial for me to obtain income from other sources other than the company in my home country. The card related to the business is used mainly to book...

Hi there! I wanted to get some thoughts on the below structure: *Company A is based in a high-tax EU jurisdiction. Ownership is 50/50 between Matteo (director living in the same high-tax jurisdiction) and Enrique (no involvement / not tax resident in the same jurisdiction). *Company B is...

Hey AndyAresa - My home country is Spain

Hey there I currently relocated to Cyprus under the Non-Dom program, but wanted to assure that I don't trigger tax residency in my home country in southern Europe. An overview: * Ive planned so that I spend more than 60 days in Cyprus and significantly less than 183 days in my home country...