Our valued sponsor

Recent content by uncreative

  1. U

    What are the options for living in Spain but not paying capital gains/wealth tax there?

    Not necessary, best way is using a foreign crypto exchange like you do with Kraken. If you hold cryptocurrency in your own hardware wallet, you should be more cautious. A bank locker outside of spain, with documented proof like photo of wallet, bill, and possibly the bank employee as a witness...
  2. U

    What are the options for living in Spain but not paying capital gains/wealth tax there?

    There are now, I mean with the 2024 changes in beckham law, several more flexible ways to apply. For example you can qualify as the director of your own company, even if you hold 100% of the shares and just paying a small salary to save here social contributions too. Or Employer of Record...
  3. U

    What are the options for living in Spain but not paying capital gains/wealth tax there?

    If Spain, move to a region with generous wealth tax exemptions, avoid places like p.e Catalonia. Andalusia, Madrid, or the balearic Islands offer exemptions up to €3 million per person, and these can be combined with family members, I heard. Keep your crypto assets stored outside of Spain...
  4. U

    Question Best offshore jurisdiction for 2024 and 4 years ahead?

    OK, then not. I would have been really interested because I am also thinking about moving to Schwyz. 10% sounds not really realistic for me, because of ahk is alone 10% and at least 10% for taxes, maybe with kids less. And you can find most of information on youtube in cases of taxes, but...
  5. U

    Question Best offshore jurisdiction for 2024 and 4 years ahead?

    That's interesting, can you explain in more detail how you stay under 10%. I know that Schwyz charges around 3-4% tax on 100-150k at the cantonal level, plus the federal tax and the AHK 10%, right? All in all, you end up with about 20% (inkl ahk and company costs) effective costs based on your...
  6. U

    How much is the wealth tax in Switzerland, below 5M CHF ?

    Good overview, but last update was End 2023: https://thepoorswiss.com/wealth-tax/ All in all, the wealth tax in Zug, does not seem very high to me at 5 million CHF, amounting to under 0.2% and probably even less with the new exemptions.
  7. U

    I am a business consultant what should I do to maximize income?

    If you have just a partnership or a self-employed, you can live probably 15 years tax free by moving to germany. ( video is in german ) You bring a lot of value to Germany and you can write off this value over 15 years. Example, you make 200k a year in profit, then according to German law...
  8. U

    Malta 5% structure – reduce fixed cost and unshell (ATAD3) proof it

    Hi, I have the same maltese structure with the scottish LP and the end. I can understand what you write. I see it similarly, you have the feeling of being trapped in the quite complex construct. It works and if you have a good service provider that you trust and who handles the paperwork on...
  9. U

    Malta non dom, remittance of capitalgains and dividends taxfree back to malta

    Does anyone have experience with the remittance of capital gains or dividend payouts already taxed in Malta at 5% bringing this money back to Malta taxfree without problems. The theory is quite vague when it comes to this; for example, it doesn't say anywhere whether you have to report this...
  10. U

    Spain: Andalucia abolishes wealth tax but introduces Tax on Large Fortunes

    If the beckham law is used correctly, p.e. pay attention to sufficient substance for a foreign company, no offshore destination,... the special tax regime can be a very good option for 6 years. But after that you should move on :) You do not have to declare your assets abroad, p.e. Crypto...
  11. U

    Moving to Malta in 2023 ?

    I Think Malta has many advantages and disadvantages. It is quite easy to socialize as there are many expats on the island. The bureaucracy is average compared to other countries. Malta is driving digitization faster than Spain or Germany. In my opinion, the quality of life is okay, but in the...
  12. U

    Question Refusal of 70-90% Income Exclusive in Italy, What Netx?

    I think the problem will be that under beckham law, you cant have more then 25% shares of a holding... not sure if you are using another company to relocate under beckham law and have a holding additional. active business company with 100% shares is no problem since the recent beckham law...
  13. U

    Is Italy still territorial tax based?

    Where did you hear about the 30% Exit Tax? Source Please, I am in the situation to leave malta , my agency did not know anything about an exit tay... I have read it but not sure how the tax is calculated and if I have to pay by moving in a higher EU Tax country. Normaly the exit tax is to avoid...
  14. U

    Question Refusal of 70-90% Income Exclusive in Italy, What Netx?

    There a lot of changes since 2023 for beckham law. P.E you can set up your own active SL ( 100% shares ) and work as a director to apply for beckham law. Here is good summary of the changes: https://parakar.eu/knowledge/sp/2023-changes-to-the-beckham-law-in-spain-what-you-need-to-know-2/