Best EU country to get citizenship
- Thread starter Alex4Days
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Take into consideration the latest OECD actions: http://www.oecd.org/tax/oecd-releas...-circumvent-the-common-reporting-standard.htm
Consultation document
Consultation document
Another vote for Malta! I'm certainly new to this whole area but from my research Malta seems the most beneficial EU country as well as being pretty easy and cheap.
if your goal isn't citizenship but just tax residency then Malta will cost you 800,- EUR/month for renting an apartment (it's the minimum cost to qualify) - at least this is what I was told few weeks ago by a trustworthy agent
Ordinary Residence
Ordinary residence in Malta requires individuals to physically live on the island for a period of six months or more. The transfer of one’s residence from a high-tax jurisdiction to a lower tax overseas country is available to both EU/EEA and non-EU/EEA nationals. There is no minimum value property requirement for non-residents seeking to obtain ordinary residence in Malta, unless there is the need for an Acquisition of Immovable Property (AIP) permit, which applies in specific circumstances.
The qualifying criteria, which vary according to whether the individual seeking to obtain ordinary residence in Malta is an EU/EEA national or a third country national,︀ can be easily complied with, thus making the attainment of Maltese ordinary residence even more︁ attractive.
There are different grounds on which EU/EEA nationals may become ordinarily resident in Malta,︂ including economic self-sufficiency, employment, education and opening a business, the most popular of which are︃ being set out hereunder.
Economic Self-Sufficiency: This criterion requires that such individuals show that they︄ are able to provide for themselves and for their accompanying dependants by being financially stable︅ and not being in need of any financial support from the Maltese government. The current︆ thresholds for EU/EEA nationals are set at a minimum capital of € 14,000 or a︇ weekly income of € 92.32 for single persons, and at a capital of at least︈ € 23,300 or a weekly income of € 108.63 for married couples. Furthermore, an extra︉ €8.15 per week is required per added dependent.
Employment: A second ground on which EU/EEA︊ nationals may obtain ordinary residence in Malta is employment. Hence, an individual must accept offers︋ of employment or seek employment in Malta, work in Malta as an employee or be︌ self-employed. Alternatively, an individual may opt to set up a business in Malta and work︍ for his / her own business.
Ordinary residence in Malta requires individuals to physically live on the island for a period of six months or more. The transfer of one’s residence from a high-tax jurisdiction to a lower tax overseas country is available to both EU/EEA and non-EU/EEA nationals. There is no minimum value property requirement for non-residents seeking to obtain ordinary residence in Malta, unless there is the need for an Acquisition of Immovable Property (AIP) permit, which applies in specific circumstances.
The qualifying criteria, which vary according to whether the individual seeking to obtain ordinary residence in Malta is an EU/EEA national or a third country national,︀ can be easily complied with, thus making the attainment of Maltese ordinary residence even more︁ attractive.
There are different grounds on which EU/EEA nationals may become ordinarily resident in Malta,︂ including economic self-sufficiency, employment, education and opening a business, the most popular of which are︃ being set out hereunder.
Economic Self-Sufficiency: This criterion requires that such individuals show that they︄ are able to provide for themselves and for their accompanying dependants by being financially stable︅ and not being in need of any financial support from the Maltese government. The current︆ thresholds for EU/EEA nationals are set at a minimum capital of € 14,000 or a︇ weekly income of € 92.32 for single persons, and at a capital of at least︈ € 23,300 or a weekly income of € 108.63 for married couples. Furthermore, an extra︉ €8.15 per week is required per added dependent.
Employment: A second ground on which EU/EEA︊ nationals may obtain ordinary residence in Malta is employment. Hence, an individual must accept offers︋ of employment or seek employment in Malta, work in Malta as an employee or be︌ self-employed. Alternatively, an individual may opt to set up a business in Malta and work︍ for his / her own business.
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