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Where would you live? UK Passport & €500K Income....

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You think Malta would fit better than the︀ Bahamas (Paradise Island) or Lyford Cay? I spent some time in Malta and in the︁ Bahamas and I see pros and cons for both I think. Beaches and weather are︂ of course a lots nicer in the Bahamas but I found Nassau in general quite︃ depressive.

The gated communities are beautiful inside but as soon as you venture outside it︄ feels really 3rd world like. I visited the immigration office to extend my visa in︅ Nassau and it could have been a 3rd world African country.

Something about the vibe︆ on Paradise Island also felt off to me. The Exumas are indeed the beach paradise︇ I've always dreamed about but Nassau, I don't know.
 
Yup.

Because it is a third world country.

Again it is a third world country

Yup Bahamas is 2000 islands and islets and lifestyle can vary but does not︁ compare to living in west as its still a third world country.

P.S Back to︂ OP topic please.
 
For some reason, it hasn't been‌ the success they hoped for. That's all I know really.

That is exactly︄ the case. The Portuguese system was designed for passive income. So far, the Portuguese haven't︅ exactly exerted a lot of effort hunting down foreigners who use the NHR program with︆ active income. Things can change. It's a risk you'd have to be comfortable taking.
 
But he would have to do that in the UK as‍ well..

I assume you are Italian because of your profile picture, but don't you think⁠ you are a little biased? I understand Italy is a bureaucratic hell hole but that⁤ goes for almost any country in the world.
 
Mr Gus said:
Mr Gus said:
But he would have to do that in the UK as well..

I assume you are Italian because of your profile picture, but don't you think you are a little biased? I understand Italy is a bureaucratic hell hole but that goes for almost any country in the world.
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You can't explain it in words, you have to experience yourself. Suffice to say that even if I don't live in Italy I have been forced to pay the €100k flat tax because it is less expensive than arguing with the tax authorities”¦ I could litigate and win in some 10 years, but I would probably spend at least €1m in legal fees and waste countless hours in the process.

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While dealing with HMRC is⁤ not a walk in the park, it's nowhere comparable to dealing with the Italian /⁣ Spanish IRS.
From personal experience, HMRC is way more straightforward.
 
London compatible timezone and good climate are pretty harsh requirements

from decent places to live‌ with great weather all year round you have Canaries, Mauritius, Seychelles, Reunion, Mayotte, Namibia/Botswana perhaps,‍ Cape Verde maybe

not commenting other stuff like tax implications, cost of life, etc. -⁠ since not much is left then sadly
 
Malta or Cyprus would be a good fit: both ex British colonies, both drive on‌ the left side, both use English.
On the Malta side, it's kind of too small‍ for me personally so I couldn't live there for extended period of time, but you⁠ should def. go and spend some time there...
It's beautiful and calm place to live,⁤ no rush... but there are other issues (trash on the streets, no greenery/nature, expensive housing⁣ and cars, poor food quality etc)

I would stay away from Italy!
You can go⁢ there for vacations and enjoy it - and that's it!
 
If this is a consideration... Then also don't consider Cyprus.⁠ Similar problems. Also with new build houses. They just cant seem to get that right.⁤
 
I don't know much about tax for non-residents in Greece or other countries, but been‌ living here a while and I have seen many foreigners enjoying their time here.

I think Athens is not a bad place because it is sunny all year-round, it has‍ easy access to the airport, and some really nice suburbs away from the center (check⁠ out Glyfada and Marousi), plus, it is easy to take a boat/ plane to all⁤ the beautiful Agean islands. I know there are good private schools, I know people who⁣ work there. Plus, Greek people generally speak good English compared to Italy for example. A⁢ plus for me is that you have easy access to mountainous areas as well (eg.︀ Karavrita) not too far from the city, without having to live in a rainy place︁ that is.

I have been to Malta and I personally did not like it at︂ all. No sandy beaches, much hotter than Greece with high humidity (I was there in︃ September) and very overcrowded for my standards, with few green spaces and a lot of︄ trash.

Italy is massive so I don't have a strong opinion on it. The language︅ is easy to learn. North vs. South is probably going to be a huge difference.︆

I haven't been to Cyprus but from what I've heard (from Greek people) it is︇ not as pretty.

At the end of the day I suppose you should decide on︈ whatever place feels right to you. Feel free to drop a line if you are︉ interested in more info about GR.
 
If you're making €500K per⁠ year like OP, you gotta be crazy to take that risk, no?
 
depends on where you are in Cyprus,‍ larnaca and nicosia are both beautiful places.
 
Be very paranoid about any⁤ solution involving Italy. They're great at luring the credulous in with compelling tax breaks. Then⁣ they find a small piece of fine print which says it only works for EU⁢ citizens or [insert other restriction here]. And as any Italian will tell you, you don't︀ win against the Italian tax office.
 
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