I have been surprised to see there is very little info in the forum about San Marino. Why?
Seems like a very interesting option? You even have tax incentives for high-tech companies:
Seems like there are different pathways to residency, worst case you'd have to buy a property for 500k.
3% tax on foreign dividends, or a bit more if it's a local company.
Really doesn't look so bad? Real estate also seems relatively affordable.
Seems like there aren't even any border checks? So you could probably even spend a lot of time elsewhere in the Schengen area and it would be difficult to prove.
What's the catch?
Seems like a very interesting option? You even have tax incentives for high-tech companies:
As for I know, in San-Marino it is 0%, 4%, and 8% corporate taxes for HT startups (for the first 3, 4, 5 years, 12 years total) and 5% dividends tax for residents. Should residents pay additional social and individual taxes for these dividends?
Also, foreign income is not taxed in San-Marino. If I have offshore (BVI, Caymans, or UAE), hodling some crypto, is it taxed in San-Marino, when the cost of the crypto growth?
Also, foreign income is not taxed in San-Marino. If I have offshore (BVI, Caymans, or UAE), hodling some crypto, is it taxed in San-Marino, when the cost of the crypto growth?
- cryptocreat0r
- Replies: 1
- Forum: Tax, Accounting, Licensing & Legal
Seems like there are different pathways to residency, worst case you'd have to buy a property for 500k.
3% tax on foreign dividends, or a bit more if it's a local company.
Really doesn't look so bad? Real estate also seems relatively affordable.
Seems like there aren't even any border checks? So you could probably even spend a lot of time elsewhere in the Schengen area and it would be difficult to prove.
What's the catch?