Opening offshore bank accounts is a concern for many of our clients. There are three types of accounts that we’ll be looking at: -Personal accounts -Business accounts -Brokerage accounts Let’s first talk about business accounts. There are a couple of variables here. When we talk about offshore it means that this bank account is outside…
If you are traveling to the USA you will certainly notice that the trend of socialism or social democracy that’s on the rise. Bernie Sanders is gaining popularity, there’s lots of pressure to raise taxes for the rich, there’s lots of talk about income inequality. The interesting thing is that the American revolution started because…
Why is Bulgaria an interesting place? Well, we’d say that there are three main reasons: It’s easy to get a residency Low taxes Costs are quite low Bulgaria has a flat 10% tax rate and 5% on dividends. We will do a separate video and article on the topic of Bulgarian taxes. This is, in…
Tax planning for residents of Denmark Denmark is quite an interesting place. In my opinion, Copenhagen is a mix of Amsterdam and Helsinki. There are bikes all over the place, maybe even more than in Amsterdam. Culture is very progressive and open-minded. However, taxes in Denmark are among the highest in the world. Their top…
Today we are talking about the subject of tax residency in Norway. Norway is one of the most affluent countries in the world. GDP per capita is within the top five. Like other Scandinavian countries, Norway has quite high taxes. It also has a good quality of life and good social programs. Because they have…
Finland is famous for a couple of things. Finnish people are the number one coffee drinkers in the world! Besides coffee they also enjoy saunas. Here you will be able to find a sauna in a Burger King fast-food restaurant. Downtown in Helsinki there is a famous Ferris wheel that has a sauna pod. So…
Sweden is one of the places with the highest taxes in the world! If you earn wage here, the top tax bracket is taxed at 58 %, plus there are social contributions for the employer (around 31%) and there are pension contributions (7%). Having those percentages in mind, it’s clear that you have to give…
An interesting blend of east and west Estonia is an interesting country! It is a former Soviet block country on the coast of the Baltic sea which connects it to neighboring Finland. It is quite different from other countries that shared the unfortunate communist past. Estonia, back at the time had Western media. The Soviet…
E-residency in Estonia Estonia is the first place to introduce e-residency. However, it is not the only country that has it. This feature is becoming a popular trend nowadays. But what e-residency actually means? There are lots of misconceptions when it comes to this term. E-residency is essentially a government ID that foreigners can get,…
