Tax heaven in paradise When somebody says ‘’paradise’’ Bahamas is usually the first place that comes to many people’s mind. This coral-based archipelago is based in the Atlantic Ocean. This country consists of more than 700 islands. Most known Grand Bahama and Paradise are visited by many tourists and are home to some very high-end…
As we discussed in our previous article, citizenship by investment is a great way to obtain a second passport. It’s legal, safe, straight forward and fast. Many people think that this option is reserved for mega rich individuals. However, it doesn’t need to be the case. Some countries offer their citizenships at very appealing prices. …
What is a Country Anyway? A country, better called a “jurisdiction” because there are many smaller areas within countries such as territories, provinces, states, etc. is an area where a particular set of rules (laws, regulations, etc.) apply. For example, the laws of Canada don’t apply in Germany and vice versa. Why is this important?…
Residency Clarified What does it mean to be “resident” in a country? Actually, there’s two distinct and not always overlapping concepts of residence: Legal Residence – this is what you might call “the legal right to live in a country”. You are a legal resident of somewhere.Normally, when you go to a country you aren’t…
