Interesting cheersBasically totalitarian regime, this covid 19 really changed the entire mentality of the country. Similar to others maybe, but there the army and police have hardcore discipline like robots and if you will not follow any new rule that might be brought it can cost you.
Also they will probably be one of the first to do mandatory vaccines, which i wish to avoid.
Secondly, for quite sone role it became boring after so many years.
Its like retiring while still young
You could live tax free in Sark (channel islands).Is there a country that have a low income / dividend tax (even as a sole trader like in Ukraine but with higher limit than 250k) , have active European lifestyle, and a peace of mind that is worth moving to for long term?
are you sure this apply? is it up to 100K or from 100K ?Italy lump sum taxation? Switzerland lump sum? This is around 100k/year.
Which structures do you have in mind?Other structures in Europe are possible to have 0% income tax, but it's expensive.
How much tax are you thinking of mitigate. That will determine what type of structure you need.I can recommend Uruguay (Punta del Este) - You'd have to fly to Buenos Aires (1hr flight) for extensive action though.
In Europe I'd say Ireland - pay yourself the max. amount for the lowest income tax bracket and keep the rest abroad. (Non Dom Status) Whatever else you need draw from ATM cards.
Monaco is worth a try too if you can afford it.
Interesting take. Very strange that southeast asia is that heavily on board with this. I heard similar things though.Basically totalitarian regime, this covid 19 really changed the entire mentality of the country. Similar to others maybe, but there the army and police have hardcore discipline like robots and if you will not follow any new rule that might be brought it can cost you.
Also they will probably be one of the first to do mandatory vaccines, which i wish to avoid.
Secondly, for quite sone role it became boring after so many years.
Its like retiring while still young
thumbs up on the ideological part. throw in one of the inclusiveness categories if you can relate to one and you will be good to go.Set up everything with darks, then just arrive & plead poverty - run through part of the process for welfare, and then let them boot you out - OR actually cash out even haha!
If prodded by any tax authorities then tell them a sorry story & show them the papers where you were booted out of welfare...
The systems in Europe are messed up beyond belief, but the most important part is the ideological: once any functionary see you're NOT a horrible, successful capitalist or anything close to it they'll just leave you alone!
Be the grey man in the digital commie hellhole...
Yeah, I know!Tanzania did not go into lockdown and it has been business as usual from March. The president is a Chemistry major and he ran his own test of the PCR test.
Engine oil tested positive
Avocado tested positive
A goat tested positive
Test kits provided by the USA!!!!!
Not sure where you are based but for most premium western countries, the corporation tax doesn't just fall on locally registered companies. Meaning, you could still be liable to pay corporation tax there if the company is "centrally controlled and managed" there. So you can't just setup a company in a low tax country and control it from a high tax country.So regarding Cyprus non dom and IP box combo. Am I getting it right - I set up a Cyprus company, it makes a software which then rents out to a foreign company and receives royalty. That's 2.5% corporate profit tax. Then I pay myself dividends and that's 0% income tax. (2.6% for health fund up to 180k EUR income). I just need to stay in Cyprus for 2 months every year.
Is this how it works?
What about the Caribbean (Bahamas) with a flat in Miami where you could spend 1/3 of your time when you're bored
The Combo Bahamas <> USA is what makes it awesome if you can afford it.