dude no way, another conspiracy theory, this time financial event on top of covid humanity extinction event?None.......
they implemented hidden taxation for an event which is coming which nobody has on its radar.
Its basicly for western countries including whole EU
how much do you make in profits to make it in Switzerland or Germany ?
you have no clue what you are talking aboutDon't know if the guy is single or family, and how he lives, small apartment + public transport, or big apartment down town and a expensive car.
A single person would need 5-6000 euro net a month to have any decent life in CH/DE, a family of 4 at least 10K income with public schooling. Can halve those amounts if you live a borderline basic life.
Also migrating to other countries to save 5-10% on tax, never made any sense to me, I personally think migration works and is worth it only if you can save a few millions a year which with most EU trying to level up taxations, would be hard.
Other Eastern Europe countries are ok only if you are used to poor life conditions, corruption and unfunctional gov. otherwise a normal sane EU person would not move there unless as a part of criminal activities or is loaded with dubious millions which wouldn't last long.
I sort of share this opinion. Most high tax western EU countries have so many 'write-off' opportunities that you can still benefit a lot simply staying put. It really only makes sense to shift your tax base if you are in a situation where you will gain substantially more revenue (i.e. larger market access, opportunity to buy a business etc.) but if the business is some mickey mouse online thing like dropshipping /affiliate marketing/day-trading etc. you're likely better off not relocating. Of course if you want to relocate just for a change of scenery/lifestyle, that could be worth while, but I don't think tax-alone should be the driver behind such decisions.Don't know if the guy is single or family, and how he lives, small apartment + public transport, or big apartment down town and a expensive car.
A single person would need 5-6000 euro net a month to have any decent life in CH/DE, a family of 4 at least 10K income with public schooling. Can halve those amounts if you live a borderline basic life.
Also migrating to other countries to save 5-10% on tax, never made any sense to me, I personally think migration works and is worth it only if you can save a few millions a year which with most EU trying to level up taxations, would be hard.
Other Eastern Europe countries are ok only if you are used to poor life conditions, corruption and unfunctional gov. otherwise a normal sane EU person would not move there unless as a part of criminal activities or is loaded with dubious millions which wouldn't last long.
nobody mentions Montenegro are we that bad of a village to come live here?
you have no clue what you are talking about
For people relocating there it may be a good place because of the weather.. but living there with kids.. I don't know..What about Bulgaria? 10% flat tax on business and personal tax
that's already a thumps down.I think Portugal already falls of the list because you have active income, so not low tax.
thank you very much for your input... do you live in Malta ?so if you are looking to find some quite and peace I am not sure you can find it on Malta.
Well there are still ways to live in continental Europe almost tax free: Monaco, Andorra, Switzerland lump sum taxation, UK non-dom etc.
Yes, tax free in Europe is not for everyone. If it was easy to get, this would not work.Yes but the issues is that annual 250K is pocket change.
thats not europe........EU is deep communist which is going to show its real face now.Minimize the tax as much as you can, but I don't mind paying taxes for a highly efficient gov. public services and general good life.
If they really worked for me i.e. they would open the doors when I enter and leave their offices, roll out red carpets for my visit and kneel down in front of me...Minimize the tax as much as you can, but I don't mind paying taxes for a highly efficient gov. public services and general good life.
thats not europe........EU is deep communist which is going to show its real face now.
What you think is going to happen to wealthy people ?
Why you think the elite is running away from EU ?
You want to get smoked because of idiots who have no clue of reality in EU keep listening to them
If they really worked for me i.e. they would open the doors when I enter and leave their offices, roll out red carpets for my visit and kneel down in front of me...
instead of trying to a*s f**k me every time they can, and spending all my taxes in welfare for next election votes,
and if they could be punished, ashamed in public when they're wrong (some "special" categories come to mind... judges, politicians??), yes physical torture (
I'd be in line to slap/kick them of course),
and then jailed for life...
then yeah,
if there's such a place,
and taxes were reasonable,
then I'd pay my fair share...
'till then you'll better move to a ~0% tax place,
work your a*s a few years, earn a lot...
invest it all, and there you go,
you can pretty much retire and live free forever off it, while sipping a cocktail on worlds best places... without having to feed 15 children of the young gypsy asylum-asking woman that live off benefits (and usually theft too on the side )
I don't think you have a very good definition of what communism is, according to statistics we are moving further away from communism year by year in the EU.thats not europe........EU is deep communist which is going to show its real face now.
What you think is going to happen to wealthy people ?
Why you think the elite is running away from EU ?
You want to get smoked because of idiots who have no clue of reality in EU keep listening to them
Indeed well said. While the EU may not be perfect, the overall model works pretty well. Yes taxes can be on the high side, but so are the opportunities to make good money and live a good life. High tax countries in Western Europe have their fair share of billionaires living there, so it's not only about taxes. More often than not, it's actually easier to raise capital in high tax countries and leverage your investments for mutual wealth creation than it is in island-based offshore tax havens and to me this is the road to wealth creation: by collectively creating value instead of trying to save a few grand on taxes!I don't think you have a very good definition of what communism is, according to statistics we are moving further away from communism year by year in the EU.
Both PIT and CIT rates have been on a decline for the last 25 years. In 1995 the average PIT rate in the EU was 47% now 37.8% and the CIT rate was 35% and now 20.7%, the only that did increase in most countries where VAT rates, which is the least harming tax there is.
A lot of countries are on their way of legalizing cannabis and some EU countries already have, this is something that would never happen in a communist country.
But the whole COVID situation indeed would make you think the EU is a communist place, but except for some dictator shithole countries all countries will probably implement vaccine certificates at some point, it's not just the EU. The reason for this is because of the socialist healthcare systems in almost all EU countries, there is just no incentive with a socialist healthcare systems to up IC beds and hire more people to facilitate the higher demand for healthcare due to this pandemic, it's just a lot easier and cheaper to do lockdowns and force people to vaccinate. Also a lot of the eastern EU countries don't tend to give a f**k about the whole virus, look at Hungary for example.
And I don't see any high alarming rate of wealthy people or the "elite" flocking outside the EU.
Mine are facts... why you're chatting here then, it's the wrong forum.Apart from your silly useless racism, you post is total dream, keep it up.
that's only because once you reach those "elite" levels, there's plenty of hidden loopholes (not usable for the average citizen) to pay a lot less taxes than the "advertised ones".And I don't see any high alarming rate of wealthy people or the "elite" flocking outside the EU.
so trueIf they really worked for me i.e. they would open the doors when I enter and leave their offices, roll out red carpets for my visit and kneel down in front of me...
instead of trying to a*s f**k me every time they can,
most of people that have made a lot of money and that I know did not live in a high tax country, most even made the money in the US! after that they took the money home tax free and because they have lived abroad for more then 10 years they get a flat tax rate of 30% regardless how much they earn... awesome!Yes taxes can be on the high side, but so are the opportunities to make good money and live a good life.
ehm... I just came from Ukraine partying NY with my family... you indeed have no idea what you're talking about in terms of Eastern Europe (just go visit and travel these countries to understand your prejudices are so far from reality).Don't know if the guy is single or family, and how he lives, small apartment + public transport, or big apartment down town and a expensive car.
A single person would need 5-6000 euro net a month to have any decent life in CH/DE, a family of 4 at least 10K income with public schooling. Can halve those amounts if you live a borderline basic life.
Also migrating to other countries to save 5-10% on tax, never made any sense to me, I personally think migration works and is worth it only if you can save a few millions a year which with most EU trying to level up taxations, would be hard.
Other Eastern Europe countries are ok only if you are used to poor life conditions, corruption and unfunctional gov. otherwise a normal sane EU person would not move there unless as a part of criminal activities or is loaded with dubious millions which wouldn't last long.
what's the number we need to reach for UK and Swiss ?250K annual income is good for a Eastern Europe life, not UK, Swiss or Germany.