Obtaining Portuguese Residency (Golden Visa Application) Portugal offers a very appealing option for foreign investors, it’s known as their golden visa program. This is probably the most popular program of that kind in Europe due to its flexibility and multiple benefits. Portugal’s residency by investment program was first launched in 2012. and has been only…
Permanent Residency in Paraguay Paraguay is a landlocked country, bordering with Argentina, Brazil, and Bolivia. Due to its central location in South America, it’s often referred to as Heart of South America. It is quite simple to settle in Paraguay. This country has a very favorable territorial tax system which means that offshore revenues are…
About St Lucia Saint Lucia is an Eastern Caribbean island nation with a pair of dramatically tapered mountains, the Pitons, on its west coast. Its coast is home to volcanic beaches, reef-diving sites, luxury resorts, and fishing villages. Trails in the interior rainforest lead to waterfalls like the 15m-high Toraille, which pours over a cliff…
About Montenegro Montenegro is a sovereign state in Southeastern Europe on Adriatic sea. The name Montenegro is derived from the words ‘’Montana Negra’’ which means black mountain. This is geographically a very beautiful country that has lots to offer. It has the mild Mediterranean climate with scenery that includes beaches that spread on more than…
About Bulgaria Bulgaria is culturally rich, diverse, has a perfect location and is a very business friendly country. This Balkan nation has diverse terrain encompassing Black Sea coastline, a mountainous interior and rivers, including the Danube. A cultural melting pot with Greek, Slavic, Ottoman, and Persian influences, it has a rich heritage of traditional dance,…
Things to consider when building an international structure It’s very important thing to note from the beginning that there is no one size fits all structure for a business, investment, operation, etc. Every case is different and there are lots of things to consider: Who are the owners? Who are the customers? Where are the suppliers? What type of business is it? Where…
What’s the Difference Between Residency and Citizenship? There is a lot of confusion when it comes to this topic. Many people don’t understand the difference between residency and citizenship. A residency permit gives you the right to live and possibly work in a particular country. Citizenship gives you access to their passport, and also typically gives you the right to vote. It also might change what benefits…
What is “Withholding Tax”? Most people only think of one, in some cases two layers of tax. In fact, we generally, have three layers of tax to consider whenever we’re doing international tax planning and structuring. The first layer is corporate income tax, which is what most people are trying to reduce by going to a low or zero…
What is “Taxation Basis”? Taxation basis in simple words means – which portion of your income is the country going to tax. The two most common you will hear about are worldwide income taxation and territorial taxation. There are few other forms of taxation basis that are not so common, including zero tax and remittance or blends of these. …
What is “Transfer pricing”? Lots of people have the idea of setting up an offshore company in a low or zero tax jurisdiction and then charging the original company (that’s in high tax jurisdiction) with management or marketing fees (or similar fees). Well, there are rules against doing this. These rules are called “transfer pricing rules”. If you are…
