New member here

[casinoguy87]

Hey everyone

so happy to discover this forum! Been looking for this type of community‌ for a long time and finally found one.
I'm currently residing in Malta. Been here‍ for 6 years and enjoying the effective 5% tax rate - good times!

However, things⁠ are a bit bad in Malta at the moment and I'm looking to relocate to⁤ southern Spain. If there are people who have managed to optimize their worldwide income tax⁣ in Spain (Beckham law) and lover the wealth tax, I would like to hear from⁢ you.
I on the other hand can share information regarding Malta, both pro's and cons.︀

 

[troubled soul]

Can you share reason for leaving Malta???

Explain "Bad" ??

What are cons and pros‌ living in Malta

 

[casinoguy87]

Recent greylisting, banking is impossible here, whether it is business or personal, I want to‌ move some of my business assets outside of Malta and hopefully lower the load of‍ constant KYC and compliance costs.

 

[casinoguy87]

Also, it is not the most exciting place to live after 7 years.

 

[Martin Everson]

You really think Spain will be better⁤ for doing business from? That's a new one for me. Beckham law is not really⁣ that good and is limited. See Beckham law thread.

What sort of business you do? Banking has been difficult for︂ a while and grey listing I don't suppose will help much now.

P.S Welcome aboard︃ thu&¤#

 

[JohnLocke]

Welcome aboard, what a welcome you got already 😀

 

[casinoguy87]

Thanks!

I'm in affiliate marketing. Some of the sites are in regulated⁣ markets while others are in the grey markets...
I know that the Beckham law is⁢ not really applicable to businesses.

My way of thinking was to move the regulated sites︀ and parts of the business to Spain. It's easier to hire people from/to Spain. Also,︁ it would be as a backup in case everything goes to s**t in Malta 😀
Anyway, this is just an idea that I had recently. I got pitched by a company︂ that helps with these sorts of setups. Just wanted to know if here's anyone who've︃ done it already 🙂