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    Buying a car in Europe with a offshore bank account

    So much hypocrisy in this topic, incredible. You guys are all acting like you're not here to run away from taxes... Just stick to the topic subject, i'm not the only one who needs info about this
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    Buying a car in Europe with a offshore bank account

    I've been to 3 accountants and 70%+ is what they all say, what do you mean with plan wisely?
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    Buying a car in Europe with a offshore bank account

    Yeah, i've tried to plan that before, but its not possible to buy this kind of cars unless i'm a car rental company or something like that... Anyway, that will be probably my choice for the long term,
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    Buying a car in Europe with a offshore bank account

    False, i wouldn't matter paying for a normal tax system. But in this country its literally stealing!!! I'm fine with paying 25%, thats totally fair, but 70-80% ITS FUCKING ABSURD
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    Buying a car in Europe with a offshore bank account

    I've searched everywhere today, and can't find anywhere that has a p100d (700hp version) for leasing. They only lease the s**t version... so i'll have to forget about leasing it or renting.
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    Buying a car in Europe with a offshore bank account

    i'm definitely too poor for that. I just need a car so i can finally stop working 15 hours a day and go visit friends and family without having to take a taxi, probably wasted over 10k last year on taxi
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    Buying a car in Europe with a offshore bank account

    Bruh, hahaha, is it that fucking weird that i want a car?? like, wtf, tesla sells like 250k cars in a year, why everyone here is talking like its something out of this world, like wtf
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    Buying a car in Europe with a offshore bank account

    yeah, but its always risky :/ Does anyone know a good country without income tax that i can have a residency without having to live there? Maybe by doing this i could buy a car here 100% legal, and if asked about anything, i could literally show where the money came from.
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    Buying a car in Europe with a offshore bank account

    That is a surprising good idea! Pretty easy to setup a gilbraltar or cyprus company with a anonymous nominee, buy the car in that name, register it in portugal, pay insurance and expenses with that company name, and rent me the car for a symbolic price. Will give that a thought!
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    Buying a car in Europe with a offshore bank account

    Taxes for 80k+ in a year Vat 23%, IRS 48%, social security 29,6% It doesn't mean that much, i actually want a ferrari 458, but that would be even more difficult. I've been working way too hard to be driving something i don't like... I'll find a way to have this car here
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    Buying a car in Europe with a offshore bank account

    Yes, would be the only source of funds declared. Well thats exactly why i'm here, to find a solution better than this. The only problem here is "portugal". I can't afford to pay up to 80% of taxes to put this much all at once here... And honestly i see your point on neighbors and friends...
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    Buying a car in Europe with a offshore bank account

    First the car would be used, so the direct VAT is excluded because the first owner paid it. Since its an electric car, in portugal there is no import dutties, neither Co2 fees, only License plate, that costs 200euro The problem would be the insurance, but i can open activity as a service...
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    Buying a car in Europe with a offshore bank account

    In portugal most people make 7-10k a year, this amount would be impossible to find someone, and also, i don't do anything related to money with family or friends. I prefer to have nothing to use that option honestly.
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    Buying a car in Europe with a offshore bank account

    My money is mostly in crypto right now, what if i literally buy the car selling crypto with a bussiness account in Kraken directly to the car seller bank account in germany, and register the car in my name in portugal? That would be the easiest possible thing to do, but does it count as tax evasion?
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    Buying a car in Europe with a offshore bank account

    No, i mean, using the portuguese company to buy the car, but using the cyprus company to legalize money here. This way i would be sending invoices to the cyprus company, and paying 23% taxes on the "services" provided by the portuguese company.
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    Buying a car in Europe with a offshore bank account

    I'm living in Portugal. Would a better option be, opening a cyprus company + bank account, a portuguese consulting company, and use the portuguese company to service the fake company, this way i would only pay 23% of VAT and i could buy the car in the company name, since its a tesla, i would be...
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    Buying a car in Europe with a offshore bank account

    Well, in my particular case i never asked my family for a cent, and i live alone since 19 years old, and nothing you say is a valid point since i make money out of programming and marketing. I have time to make money as long as my mind works well. Its not a 80k car that will cause damage to my life.
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    Buying a car in Europe with a offshore bank account

    I live on a country where my friends make 600 euros a month, i make 3 times that every day, i think i can spend some money on things that will make my youth better. Honestly the thinking of saving every single penny is disgusting to me, maybe when you're 50, you'll think about the time and youth...
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    Buying a car in Europe with a offshore bank account

    you're just generalizing everything.. That "To get rich and stay rich you don't ever buy depreciating assets unless you can write off the depreciation" is the stupidest s**t i've read in this forum. Why would i ever have a lot of numbers if i can't enjoy them? As a 23 year old, I gratefully have...
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    Buying a car in Europe with a offshore bank account

    Damn, this turned out to be a good topic to talk about here. In my particular case I am indeed from portugal and i'm trying to buy a car here. I don't find 80k too much for a car, in this case a tesla p100d. I've been thinking about buying the used car in germany and import it to my country...

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