List of Residencies obtainable without living in the country?

[JohnnyDoe]

Same question

Plan B, local tax benefits, convenience compared to having to apply for visas, doors opening for local opportunities etc.

 

[zaybxc]

Plan B, local tax benefits, convenience compared to having to apply for visas, doors opening for local opportunities etc.

For personal tax it shouldn't help if someone has to pay tax on his worldwide income.
Yep, there's always need for a plan B.

 

[JohnnyDoe]

For personal tax it shouldn't help if someone has to pay tax on his worldwide income.

Local tax benefits. For other taxes, plan accordingly

 

[bubbledouble]

Local tax benefits. For other taxes, plan accordingly

if you live inside EU 180 days a year you won't have any benefits from this residency right?

 

[JohnnyDoe]

if you live inside EU 180 days a year you won't have any benefits from this residency right?

You do, as taxes in Russia are lower than in the EU (except non dom, flat tax etc). Of course Russia needs to be your center of vital interests, it’s not sufficient to count the days.

 

[diro]

You do, as taxes in Russia are lower than in the EU (except non dom, flat tax etc). Of course Russia needs to be your center of vital interests, it’s not sufficient to count the days.

what taxes would I pay with a 200K income a year in Russia do you know that ?

 

[JohnnyDoe]

what taxes would I pay with a 200K income a year in Russia do you know that ?

Roughly $29k.
If you are self employed in Moscow and declare up to 2.4m rub your tax rate is 4% or 6% depending on whether you sell to individuals or companies.
Source:
https://sevinvestportal.ru/en/media...ribution-of-the-tax-regime-for-self-employed/
It also seems that you can pay 8% up to 60m rub of income http://publication.pravo.gov.ru/Document/View/0001202202250005
Here I read something different: https://www.nalog.gov.ru/rn50/taxation/taxes/usn/
including that you can lower taxes to 1%.

So, I’m not sure how much I will pay but certainly not more than 15%.

 

[vehzag]

Roughly $29k.
If you are self employed in Moscow and declare up to 2.4m rub your tax rate is 4% or 6% depending on whether you sell to individuals or companies.
Source:
https://sevinvestportal.ru/en/media...ribution-of-the-tax-regime-for-self-employed/
It also seems that you can pay 8% up to 60m rub of income http://publication.pravo.gov.ru/Document/View/0001202202250005
Here I read something different: https://www.nalog.gov.ru/rn50/taxation/taxes/usn/
including that you can lower taxes to 1%.

So, I’m not sure how much I will pay but certainly not more than 15%.

It’s not certainly less than 15%
You have to check the new law
And as well it depends on the type of income, if you make an LLC you will pay much more than in most EU countries even

 

[JohnnyDoe]

It’s not certainly less than 15%

Source?

You have to check the new law

Which law?

 

[vehzag]

Source?

Which law?

It googles very easy btw
https://www.nalog.gov.ru/rn53/news/tax_doc_news/15155656/
This is for particulars that are working for someone excluding hidden taxes which is 32% more
This is for companies just for the pure income
https://www.nalog.gov.ru/rn77/news/tax_doc_news/15130498/

 

[JohnnyDoe]

It googles very easy btw
https://www.nalog.gov.ru/rn53/news/tax_doc_news/15155656/

Progressive tax rates from 13 to 22%, applied to the income portions above the threshold. Fine. Still less than what I pay as a non resident.

This is for particulars that are working for someone excluding hidden taxes which is 32% more

Which hidden taxes?

This is for companies just for the pure income
https://www.nalog.gov.ru/rn77/news/tax_doc_news/15130498/

25%

 

[vehzag]

Which hidden taxes?

Please google what is hidden taxes in russia even ChatGPT is enough for that. It’s on the surface.
And try to think about it from 2 perspectives - particular and as a company founder.

25%

Corporate income tax yes excluding all other taxes applied to company

 

[JohnnyDoe]

Please google what is hidden taxes in russia even ChatGPT is enough for that. It’s on the surface.

So they are not hidden

 

[vehzag]

So they are not hidden

If you are saying ‘certainly less than 15%’ it’s obvious that it’s hidden taxes at least from you because you don’t know anything about that, but actually most of the citizens in Russia don’t understand that as well so you are not alone
For those who can use google and who is interested to do the research it’s not hidden, you are right

 

[aniglo22]

@JohnnyDoe You might look into Special Economic zones (Особая экономическая зона) , there are quite many of them .
And also many offer more benefits for companies focused in information technologies .
I don't know where you are planning to stay . Here is one example in moscow oblast (https://oezdubna.ru/)
And also here is the official portal to navigate the different special economic zones : https://оэз.рф/

 

[brianK]

You can look at Passive investment program. You are not required to stay in country to retain residence. If you stay less than 180 days you pay 0% income tax.

how easy is it to get residence there?

 

[JohnnyDoe]

@JohnnyDoe You might look into Special Economic zones (Особая экономическая зона) , there are quite many of them .
And also many offer more benefits for companies focused in information technologies .
I don't know where you are planning to stay . Here is one example in moscow oblast (https://oezdubna.ru/)
And also here is the official portal to navigate the different special economic zones : https://оэз.рф/
View attachment 8053

Thank you. As I said, I am taking residence also for obtaining tax advantages that are not available to non-residents. I’m not disclosing all the details of my setup

 

[jafo]

@JohnnyDoe You might look into Special Economic zones (Особая экономическая зона) , there are quite many of them .
And also many offer more benefits for companies focused in information technologies .
I don't know where you are planning to stay . Here is one example in moscow oblast (https://oezdubna.ru/)
And also here is the official portal to navigate the different special economic zones : https://оэз.рф/
View attachment 8053

You are a STAR!
This is exactly what I have been doing in China for the last decades. Few people know about this or how it works.
This is the SAME thing I did for over two decades in https://www.zolicol.gob.pa/
I left Panama for China in the late 2000s. China provided much better incentives and NO corruption! OK...some "corruption," but the transgressor would be swiftly executed, which is precisely what I would have done to them had there NOT been laws against "mvrd3r$"

Thank you for sharing this!
It's much appreciated!

 

[jafo]

Thank you. As I said, I am taking residence also for obtaining tax advantages that are not available to non-residents. I’m not disclosing all the details of my setup

Maybe...maybe...if "rules" permit, you could entertain the thought of selling a guide for the price of several Satoshis.

 

[JohnnyDoe]

Maybe...maybe...if "rules" permit, you could entertain the thought of selling a guide for the price of several Satoshis.

I will publish all the non sensible info here: https://www.offshorecorptalk.com/threads/russia-residence-my-journey.46303/
If one day I have the time and will I will incorporate all this and more into a life coaching program