Netherlands BV
- Thread starter VladDracula
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Will definitely dig more into it. Let me know if you ever visit Romania and would like to meet up for a coffee.
It seems Ukrainians can just pick any EU country at the moment and get a one year residency there with all the benefits that come with it:
https://www.schengenvisainfo.com/ne...e-eu-explained-residence-education-work-more/
“Ukrainian refugees have the right to temporary protection in any EU country if refugees from Ukraine have been permanent residents of Ukraine and have left the country to escape the war from February 24, 2022.
Temporary protection will last for at least a year, at least until March 4, 2023, but may be extended depending on the situation in Ukraine.”
So just chose one EU country that suits you best and go for it. Other than that,︀ I think you will be most likely restricted to the 1st country you chose. So︁ you won’t easily be able to move to a 2nd EU country, unless you get︂ any EU citizenship along the way. Or some special visa or investment.
Other than that︃ it’s a pretty good deal.
Access to labour market, access to healthcare. Same treatment as︄ an ordinary EU resident.
https://www.schengenvisainfo.com/ne...e-eu-explained-residence-education-work-more/
“Ukrainian refugees have the right to temporary protection in any EU country if refugees from Ukraine have been permanent residents of Ukraine and have left the country to escape the war from February 24, 2022.
Temporary protection will last for at least a year, at least until March 4, 2023, but may be extended depending on the situation in Ukraine.”
So just chose one EU country that suits you best and go for it. Other than that,︀ I think you will be most likely restricted to the 1st country you chose. So︁ you won’t easily be able to move to a 2nd EU country, unless you get︂ any EU citizenship along the way. Or some special visa or investment.
Other than that︃ it’s a pretty good deal.
Access to labour market, access to healthcare. Same treatment as︄ an ordinary EU resident.
Yes, it's a good solution for︃ a short period of time, however I like to have a plan for 5-10 years︄ ahead. I don't want to find myself in 2 years without a resident permission and︅ again seeking for a way to start everything from scratch.
War will last a while. This one year residency will be extended again and once you live there 2-3 years you will be able to convert it into a permanent one.
Just look back at Balkan wars and all the people who moved to the EU back in the 90s. The situation now is similar.
Just look back at Balkan wars and all the people who moved to the EU back in the 90s. The situation now is similar.
If you are planning to be a high co2 outpout vehicle︀ in the Netherlands be ready to pay a premium because of BPM. Before taking up︁ residency in the Netherlands you could buy that vehicle in Ukraine and if you owned︂ it for more then 6 months you will be able to import it duty and︃ tax free.
In Italy you have the Impatriate regime which offer a 70-90% reduction on︄ your personal income for 5 years depending on where in Italy you locate to, it's︅ a quite unknown program and you should ask yourself if you want to deal with︆ Italy in the first place but it might be worth checking out.
What John said︇ is totally accurate and to make the Netherlands even less interesting for you.. The 400K︈ cap is going back to 200K starting from 2023, they will also increase the dividend︉ tax from 26.9% to 29.5% for dividends over 67000 starting from 2024. Also the cost︊ of living is quite high especially in a city like Amsterdam, so from a financial︋ stand point Switzerland makes a lot more sense which is also high cost of living︌ but less taxes in some cantons. Also from a petrol head point of view Switzerland︍ is way better, cars are cheaper, still close to the autobahn and close to some︎ great mountain roads, but speeding in both countries will cost you a lot of money️ and you will lose your license very quickly.
Since you said you don't want to live in Cyprus or Malta which I completely understand, indeed Bulgaria or Romania are definitely worth checking out, Andorra maybe as well and of course Dubai.
In Italy you have the Impatriate regime which offer a 70-90% reduction on︄ your personal income for 5 years depending on where in Italy you locate to, it's︅ a quite unknown program and you should ask yourself if you want to deal with︆ Italy in the first place but it might be worth checking out.
What John said︇ is totally accurate and to make the Netherlands even less interesting for you.. The 400K︈ cap is going back to 200K starting from 2023, they will also increase the dividend︉ tax from 26.9% to 29.5% for dividends over 67000 starting from 2024. Also the cost︊ of living is quite high especially in a city like Amsterdam, so from a financial︋ stand point Switzerland makes a lot more sense which is also high cost of living︌ but less taxes in some cantons. Also from a petrol head point of view Switzerland︍ is way better, cars are cheaper, still close to the autobahn and close to some︎ great mountain roads, but speeding in both countries will cost you a lot of money️ and you will lose your license very quickly.
Since you said you don't want to live in Cyprus or Malta which I completely understand, indeed Bulgaria or Romania are definitely worth checking out, Andorra maybe as well and of course Dubai.
That's some nice information, I've got a 2 years old vehicle. But taxes increases even more, oh my.
Italy is good for tourism, but I don't see myself living there full time.
Romania and Dubai are both temporary options. I will︀ definitely check Switzerland, didn't think it has lower taxes then NL.
Italy is good for tourism, but I don't see myself living there full time.
Romania and Dubai are both temporary options. I will︀ definitely check Switzerland, didn't think it has lower taxes then NL.
Long story short, most of developed EU countries will tax you at a rate of about 50% (give or take), which is in your case about €200k. This leaves you with countries bordering the EU like Romania, Bulgaria, Estonia or the islands like Cyprus or Malta. If you want to stay in Europe Romanian micro-company could be a great fit and if you have some relatives there - great! Ask some questions, get some ideas how things work there and it might work for you.
In Dubai, on the other side, with this kind of money (€200k) you would burn on taxes in Europe -︀ you could easily live a year in a very good apartment or villa and have︁ a maid available 24/7 that will cook for you, do laundry clean up the place,︂ take care of kids (in case you have them), drive a good car (as you're︃ a petrol head and not some 2.0L diesel - we're talking about the real deal︄ here - 6.0L V8) and not worry much about the petrol cost, have a lifestyle︅ that's unimaginable in Netherlands.
And the best part of it: YOU are the one that︆ gets to choose what you want to spend this €200k on while in EU that︇ money is taken from you as taxes and with what's left you still have to︈ pay for the rent and for the car and for the petrol at €2/L -︉ but no maid, no sun 24/7/365, no beach bars and no fun - just work,︊ pay taxes and die! And you could stay in Dubai for 8 months a year︋ and go to Europe during the summer (Jun-Jul-Aug-Sep) if you want to escape the heat.︌
Would you save some money in Dubai?
Maybe yes - maybe no - depends on︍ you.
But even if you have burned all 200k/year - that would be the money︎ well spent on YOU and you would get something in return for your money.
For me this is a no brainer. Romania (if you can figure it out) or Dubai.️
In Dubai, on the other side, with this kind of money (€200k) you would burn on taxes in Europe -︀ you could easily live a year in a very good apartment or villa and have︁ a maid available 24/7 that will cook for you, do laundry clean up the place,︂ take care of kids (in case you have them), drive a good car (as you're︃ a petrol head and not some 2.0L diesel - we're talking about the real deal︄ here - 6.0L V8) and not worry much about the petrol cost, have a lifestyle︅ that's unimaginable in Netherlands.
And the best part of it: YOU are the one that︆ gets to choose what you want to spend this €200k on while in EU that︇ money is taken from you as taxes and with what's left you still have to︈ pay for the rent and for the car and for the petrol at €2/L -︉ but no maid, no sun 24/7/365, no beach bars and no fun - just work,︊ pay taxes and die! And you could stay in Dubai for 8 months a year︋ and go to Europe during the summer (Jun-Jul-Aug-Sep) if you want to escape the heat.︌
Would you save some money in Dubai?
Maybe yes - maybe no - depends on︍ you.
But even if you have burned all 200k/year - that would be the money︎ well spent on YOU and you would get something in return for your money.
For me this is a no brainer. Romania (if you can figure it out) or Dubai.️
I disagree fully.
You'll get more out of that 200K net you are left with in The Netherlands than in Dubai... Purchasing power in the Netherlands is immensely bigger than in Dubai. As an added bonus, you'll get a real country, with real culture and real people. Plus, you'll get stability (something I think OP is looking for) in countries like the Netherlands. Not to mention the full array of products the global market has to offer in mainland Europe.
As much as I like︀ Dubai for it's holiday and tax purposes, let's keep it real here... Dubai is a︁ little petro state for fun, low taxes and money from disputable sources, not a country︂ to build a real life in.
PS: the real comparison should be made between having︃ 400 K untaxed in NL or 400 K untaxed in Dubai. It's just non-sensical to︄ go and live in Dubai with money that was already taxed in Europe lol.
You'll get more out of that 200K net you are left with in The Netherlands than in Dubai... Purchasing power in the Netherlands is immensely bigger than in Dubai. As an added bonus, you'll get a real country, with real culture and real people. Plus, you'll get stability (something I think OP is looking for) in countries like the Netherlands. Not to mention the full array of products the global market has to offer in mainland Europe.
As much as I like︀ Dubai for it's holiday and tax purposes, let's keep it real here... Dubai is a︁ little petro state for fun, low taxes and money from disputable sources, not a country︂ to build a real life in.
PS: the real comparison should be made between having︃ 400 K untaxed in NL or 400 K untaxed in Dubai. It's just non-sensical to︄ go and live in Dubai with money that was already taxed in Europe lol.
I think of Dubai as a base for my company and not myself. Ukraine has CFC rules that allow you to have a company abroad and not pay taxes if the turnover is lower than 2 mil euro. So with a company in Dubai I can live in a country without CFC rules (Thailand for example), or change country every few months. The upside of this setup is that I can try living in a country for awhile before making a big move and residing there. The downside is lack of stability and nomadic lifestyle - in the end I will not have a resident︀ permit, nor a home where I can come if I'm tired of switching countries (besides︁ Dubai itself, where I can spend winter).
Героям Слава!
Beautiful country, ticks︃ many boxes in my criteries list. From what I heard it may be boring sometimes︄ and English is not common there.
Героям Слава!
Beautiful country, ticks︃ many boxes in my criteries list. From what I heard it may be boring sometimes︄ and English is not common there.
To make the Netherlands a bit more interesting for you I forgot to add you could potentially make use of the 30% ruling.
30% Ruling
You can setup a B.V. before you become resident or be employed by a foreign company (can be your own) and take advantage of a 30% reduction on your salary.
Or you can also opt for partial non-resident taxpayer, if you opt for this you will be exempt from the wealth tax also there is no capital gains tax so all assets except for Dutch real estate investments will stay tax free, also dividends from foreign entities are untaxed, however︀ not sure how that will work regarding corporate residency rules if you are the sole︁ or major shareholder, but this could potentially be very low tax setup.
The ruling is︂ valid for 5 years after that you can apply for citizenship if interested.. (you need︃ to learn some basic level of Dutch and you will probably have to give up︄ your current citizenship)
You can also transfer your non-EU drivers license to a Dutch one︅ with this ruling.
30% Ruling
You can setup a B.V. before you become resident or be employed by a foreign company (can be your own) and take advantage of a 30% reduction on your salary.
Or you can also opt for partial non-resident taxpayer, if you opt for this you will be exempt from the wealth tax also there is no capital gains tax so all assets except for Dutch real estate investments will stay tax free, also dividends from foreign entities are untaxed, however︀ not sure how that will work regarding corporate residency rules if you are the sole︁ or major shareholder, but this could potentially be very low tax setup.
The ruling is︂ valid for 5 years after that you can apply for citizenship if interested.. (you need︃ to learn some basic level of Dutch and you will probably have to give up︄ your current citizenship)
You can also transfer your non-EU drivers license to a Dutch one︅ with this ruling.
However the ruling will be caped to a maximum of 216k Euro? They decided to increase taxes as I heard from the news.
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