Search results

Thanks for the move...

I am currently resident of Sark (have been for last 3 years), about to move house on the island to a larger property. My current rental will go on the market very soon, thought I would offer it hear first if anyone is interested in moving to 'the rock'.... Small rentals are hard to find as...

Why is South Africa on your list? I thought it was a high tax country”¦.

As far as I'm aware Jersey and Guernsey are very similar”¦ I think you would need some form of resident director (Ned) or fiduciary to give some substance. You could look at Sark (my current residency) you can rent for sub £10k a year, no minimum stay and easy to move to with a UK passport...

Marzio, I hear you loud and clear, finding staff is a bloody nightmare at the moment, we are specialist technical suppliers and competing with a freelance market which is diminishing in size which means more work for the freelancers who don't want to be employed..... Long term goal is to return...

The business is split in two (events business) we design the events outside of the UK and the effective management and control is outside of the UK, the UK company then producers the events (nut's and bolts end) which are often in the UK. Hence needing to be able to be onsite at the UK events....

I had a slightly 'intoxicated' conversation with a tax specialist recently who claimed it's possible to use a DTA to work more than the SRT test will allow in the UK but keeping tax low living abroad, is this really possible? Have a 'growing in success' UK / International business which is...

The simple answer is YES it's totally possible and I have done it. You can get an account with €500K and you don't have to be resident to rent an apartment. I took my lease with the address of my other property (also in a zero tax location). It's no more expensive than London for day to day...

Does anyone know when HMRC count you as being in the UK? Is it when your plane lands or when you clear passport control and enter land side? I bounce a lot into the UK and live by the 90 midnight rule but would like to know if I can just wait to enter after midnight or it's based on something...

I am Sark resident, PM me if you would like some info. Possibly no need for a company if you become resident as zero income tax. Summer is great, winter is not so great but travel on the winter avd it works well

Baltic, do you want to PM me? I moved to Monaco last August and live there virtually for free. Happy to share my experiences, I'm also looking for the right setup from a company structure and GiB seems like the winner for a European based system.

Not a Guernsey LLC but a standard Guernsey company, once the company builds wealth then the owner can either use a trust to protect the wealth of the company or the owner moves from Guernsey to live in a true tax free country and cashes out all the equity in the Guernsey company to their own...

More than happy to share my experience so far on the Monaco journey. PM if you would like an off line chat. But in essence, yes it's doable. Have the apartment on the first corner of the track and already have 2 x F1 teams interested in a buy out. I doubt it will turn a profit but the ability...

Lots of people amass wealth in companies, which then get covered into trusts therefore the wealth never really gets converted to personal. Others will use the money in the company to purchase property, and some will build up a pot in a Guernsey company and then move to a sandbox destination to...

The LLC is a pass through so at the end of the year in Guernsey the pass through would become income, on Sark there's lots of people with LLC's as you can't register a company in Sark. In Guernsey most people open a company, stock pile the cash in the company then run away to a tax free land to...

Not true at all... I have lived in Guernsey and now Sark. You will have to severe most ties with the UK and you will be only allowed to spend 90 midnights per year in the UK. Also, Guernsey has income tax, it's a flat 20% but also has quite a high social tax (NI) so you can work on about 30% tax...

Yes thats correct, the numbers vary massively, each apartment is allocated tickets based on the length of terrace, 2 tickets per 1m of terrace. I have a big apartment of 200sqm with a wrap around terrace on the first corner of the track, I get 68 tickets as the apartment has 34 meters of...

Well.... Have kids but one is in boarding school in the UK and the other lives with mum in Guernsey (separated, currently sorting out divorce) and yes, at the moment only rent properties but will by soon once markets cool even more.... It's possible to leave the UK and spend up to 90 nights in...

Thanks Meta, as always there's more to they story.... I also own a UK events company, doing events in the UK (I bounce in / out for each event living under the 90 midnight rule). The dream is a location which would be a good place for a Hold Co structure with hold co, owning F1 company, an 'off...

Just a re-boot to see if anyone has any thoughts on this??