yeah that would be interesting... @Martin Everson you mentioned you live there as well? are you all using a bulletproof vest and drive bulletproof cars there?
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Where to live with max 0-5% total tax
- Thread starter aceupsleeve
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- residency
Lol...no not at all. Petty crime does happen and so does violent crime but tends to affect locals mostly in poor areas more than expats. Expats tend to live in areas and communities where crime is almost non-existent. Issues tend to be focused around Nassau. If you live in a gated community or a less populated part of Bahamas you are fine. Bahamas is around 3000 island/islets so you have choice. Paradise Island would be my choice of place to live
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Spandorra. A lot of people combine Barcelona or the Catalan coast with Andorra. Use Andorra for ski season 4 to 5 months. Barcelona less than 6 and 2 months elsewhere.
This is interesting, can you tell more about this? What amounts these people are spending x month? I fear that sooner or later the home gov will find them, for that reason I try to stay on the safe path despite I travel constantly (every 3 months). But I could be wrong of course so it would be great to know more
I would actually like to live in gibraltar, however as I now the residence is not that cheap there
Yes Andorra has 10% income tax. But that does not mean you pay 10% tax.
First of all a couple has 40K taxfree allowance, there are great deductions to be had as well. For residents, there are heavily subsidised schools, ski passes, gyms, kids daycare etc.
Passive residents need on paper to stay a minimum of 90 days. You become a tax resident when you stay 183 days. The area in the middle is normally tax-free if you can prove you pay some tax elsewhere.
Residents of Andorra are not taxed on company income from abroad, where a DTA does not exist, as long as that company is taxed at 4% or higher.
Hi
If you are tax resident in Slovakia you pay 0% tax of all gambling, lottery, bet and similar games winnings. If you buy Eurojackpot lottery ticket and win you have it all.
All gambling companies which want to do business in Slovakia needs license though. BUT if you win abroad and the company has a license similar to slovakian your winnings are legit and tax free even that company does not have license in Slovakia.
So find a country with minimal regulation of gambling licensing, incorporate your company there and you can send unlimited money to your personal account. Maybe you can do it right now with your Gibraltar company.
Same thing in most other European countries, but I don't believe there is a loophole that can be penetrated?
Mauritius : french/english spoken
Remittance basis scheme.
No capital gain tax even if remitted.
Lots of residency programs (investor, self-employed, retiree, real estate investors, visa premium)
Same climate and way of life than lots of caraibbean islands (where I lived too) but with differences :
- cost of living not really high (food, real estate, services)
- mauritians are generally "friendly" even with foreigners
- lots of expats (frenchs, britishs, south africans...) and therefore european shops/products
- lots of different cultures and religions
- medium island, not a tiny island like St-Barth or Malta (where I lived too)
- hurricane risk lower than caraibbean islands
- safer even if there is a big gap between richs and poors like in the caribbean too
main disadvantage: far from all (europe, asia, america)
Remittance basis scheme.
No capital gain tax even if remitted.
Lots of residency programs (investor, self-employed, retiree, real estate investors, visa premium)
Same climate and way of life than lots of caraibbean islands (where I lived too) but with differences :
- cost of living not really high (food, real estate, services)
- mauritians are generally "friendly" even with foreigners
- lots of expats (frenchs, britishs, south africans...) and therefore european shops/products
- lots of different cultures and religions
- medium island, not a tiny island like St-Barth or Malta (where I lived too)
- hurricane risk lower than caraibbean islands
- safer even if there is a big gap between richs and poors like in the caribbean too
main disadvantage: far from all (europe, asia, america)
remitance basis: you are not taxed on your worlwide income if not remitted in Mauritius.
The digital nomad visa is new and called "premium visa" (and not only focused on digital nomads).
Retiree for +50 years old, very low requirements.
Real estate Investor 375k usd.
... more requirements for sel-employed and investors permits.
The digital nomad visa is new and called "premium visa" (and not only focused on digital nomads).
Retiree for +50 years old, very low requirements.
Real estate Investor 375k usd.
... more requirements for sel-employed and investors permits.
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not bad, but you need to be in Mauritius, by chance you know how complicated it is to establish yourself in Mauritius? I mean average costs housing, electricity, living etc.?
not very complicated (self-employed) if it's in IT sector for instance.
Now it's easier with the premium visa.
For the cost of living, see examples here: Cost of Living in Mauritius
but it depends on several factors (expat areas in the north are more expensive, international schools, european food...).
For housing rentals you have more choices in Mauritius than Malta for instance. Unfortunately for investments, it's limited for foreigners.
Now it's easier with the premium visa.
For the cost of living, see examples here: Cost of Living in Mauritius
but it depends on several factors (expat areas in the north are more expensive, international schools, european food...).
For housing rentals you have more choices in Mauritius than Malta for instance. Unfortunately for investments, it's limited for foreigners.
Do you have any relashionship to Mauritius or do you live there now? Sounds interesting after all.
Yes, I live there now after some years in Antilles and Malta.
how long do you have to stay in Mauritius to be considered tax resident with this premium visa ?
Details about this visa premium: https://www.edbmauritius.org/premium-visa
This website is the official of the EDB in Mauritius, therefore details provided are reliable.
If you need more information about taxes for instance, you can check the mra.mu website too
PS: for the Covid-19 free status of Mauritius, local cases has been discovered these 2-3 last days
This website is the official of the EDB in Mauritius, therefore details provided are reliable.
If you need more information about taxes for instance, you can check the mra.mu website too
PS: for the Covid-19 free status of Mauritius, local cases has been discovered these 2-3 last days
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