Recent content by scooterguy

There's an IB school in Rimini (30 minutes away from San Marino), and a British school too. Public schools in San Marino and Italy are pretty good though.

The 15% is only for 2 years. After that you'll have to pay 25% corporate tax. Dividends are on top of that. Capital gains tax is 19%-26%. Social security, etc. is relatively high as well. Spain is a great place to live but you don't go there to save on taxes. You have to go there with the...

Actually this is better than Andorra. More pleasant weather and you can be in Florence in a couple of hours. Being so close to one of the most beautiful cities in the world should certainly convince OP's wife. If there's a need to incorporate in San Marino, it's not that bad either, as...

There are three McDonald's and one Starbucks in the capital of Andorra. That should do it :p.

Andorra might suit you.

I agree with this. But that's the thing, you can get really good at international taxation, but of course that for complex local structures you will need someone who knows the local stuff. International taxation is somehow akin to general medicine. You can get really good at knowing what's...

You don't agree with the approach of reading through the years? So how do you learn about the "principles of international taxation to understand how things work"? Or are you implying that it's impossible and so a person needs the services of a reputable Cyprus lawyer for their international...

Rules change all the time. Best you can do is just read a lot about taxation and over the years it will become second nature. Read the pwc summaries (Worldwide Tax Summaries Online), read tax treaties, etc.

What are the advantages of Turkish citizenship? It's not exactly a politically stable country, and it is in an area with a relatively high probability of military conflict. Wouldn't it be better to have citizenship of a more irrelevant and 0% tax country like Vanuatu or some Caribbean island?

That's for CIT. There is no PIT at all.

Also still no personal income tax. So no need to worry about salaries, dividends, investment income, etc.

Switzerland is obviously a better environment in most areas, and if it comes with more money and better career prospects, then the choice becomes almost a no-brainer.

Learning to fight is good but you should always try to avoid a street fight at all costs, especially against a mugger who could be armed or have a bunch of friends around. You will look really stupid getting ready for a fight while the other person pulls a gun. Looking buffed is good enough...

Because tax freedom in Thailand doesn't require spending half a million dollars. You can get the same result with cheap $1k/year visas, or, if you want to get fancy, a Thai Elite visa at $40k for 10 years. There is also a $300k investor visa that has no time limit and can be renewed annually...

This makes little sense for investment income abroad. Tax is only paid when money is remitted, and as an investor you can choose where the money comes from. It can come from small capital gains, from losses, from dividends from countries with which Thailand has a tax treaty, or you can remit a...