The decision to offshore depends on one’s business goals, situations, and strategies. While acknowledging the likely offshore perks, it's crucial to weigh all the advantages and disadvantages of offshoring - to be able to mitigate potential risks, make informed decisions, and reap the benefits.
Read moreBenefits of having an LLC for taxes. Tax deductions for LLCs. Free economic zones. Employee perks in an LLC. Vehicle expenses. Depreciation expenses for newly acquired assets of an LLC. Asset depreciation for an LLC. LLC expenses for subscriptions, services, and telecommunications. Home office expenses. Loan interest rates. Freelancer and external contractor services. Relocation of an LLC to another jurisdiction.
Read moreWhat is the cost of living in Switzerland? The answer to this question will depend on many factors, including the chosen city, the needs of specific expats, the entertainment they prefer, and more. However, our experts will try to give you an idea of the living costs, including the average rent in Switzerland, food, transportation, and other expenses.
Read moreEndless Blue Villas is a residential complex of 13 one- and two-story villas. The complex sits on Bodrum peninsula, Turkey at the coast of the Aegean Sea. It is still under construction, which makes the prices for the villas more affordable. Purchasing a villa in Turkey will make you eligible for citizenship of the country.
Read moreAre you thinking of relocating to Uruguay – or maybe you just want to consider this country as one of the viable options? It would be wise to get as much information about the country as possible, especially about the cost of living as one of the most important parameters. The cost of living in Uruguay is quite affordable if you have sources of income abroad. If you rely on the local labor market, things may be more complicated. The overall cost will depend a lot on how large your family is, where you live, and how much you usually buy. In this article, we provide average prices for you to make your budget.
Read moreSEPA, IBAN, and SWIFT – common terminology for international money transfers. What is the meaning of IBAN? What does the acronym SWIFT stand for? Is IBAN used in all countries? What is the relationship between IBAN and SEPA? What is the distinction between IBAN and an account? Is IBAN alone sufficient for international transfers? What is the SWIFT system and SWIFT code? SEPA vs SWIFT. What does BIC stand for in banking? IBAN, SWIFT, and BIC bank codes – a brief summary.
Read moreAre you looking for a good country to relocate to? Uruguay with its mild climate, sandy beaches, and well-developed infrastructure may be a good option. Those who have relocated say that you will feel like you are in Europe – but in South America. There is no citizenship by investment program, but you can easily get a residence permit for 2 years and then extend it. The cost of living is not very high: you will only need 1500 US dollars a month per family of two adults and one child (without accommodation). There are several categories of possible applicants – read on to find out which one is yours.
Read moreWhy are most yachts registered in the Cayman Islands? To understand the reason, you need to familiarize yourself with the features and advantages of this jurisdiction. Our experts will discuss yacht registration types, the registration procedure, and other nuances.
Read moreGeneral overview of the country. Path to permanent residency in Paraguay: food prices, entertainment options, and real estate costs in 2023. Average restaurant and cafe bills. Cost of groceries. Recreation and entertainment costs. Things to know before you move to Paraguay as a permanent resident with children. Clothing and footwear prices. Transportation costs. Housing prices in Paraguay in 2023. Average salary and mortgage costs. Cost of utilities and communication services in the country.
Read moreA foreign bank account is a very convenient tool for international travel, savings, paying for services, and other purposes. We offer you to open a personal account in a reliable Georgian bank through an in-person visit. Read about tariffs, account features, and required documents in the article.
Read moreMalta is a country with a very high corporate income tax rate (35%), and yet it can be a tax haven! Sounds strange? What you should know about the jurisdiction is that it balances its high tax rate with considerable tax benefits that will make the real tax rate you pay quite affordable! Malta is a good place to conduct your business as it occupies high places in different international ratings and has a pro-business environment. The country is a favorable place if you have a gaming, blockchain, or fintech company as it has adopted special laws to regulate these areas. Read our article to find out more.
Read moreNowadays, Serbia is one of the priority destinations for foreign investors to open a business and move to permanent residence. But what are the risks of doing business in Serbia? Our experts have prepared for you an overview of the opinions of the local business community and foreign researchers.
Read moreCurious about the most affluent individuals in Serbia and seeking inspiration for profitable ventures? Explore our curated list of the top 5 wealthiest Serbs.
Read moreSerbia is one of the best options in Europe for setting up an outsourcing company. This country offers a number of advantages, such as tax incentives, the availability of a skilled workforce, and others. Read more about outsourcing opportunities in Serbia in our article.
Read moreTaxation of residents and non-residents in Estonia: dividends, source of income location, royalties, and technical service fees. Residents of Estonia. How to save on taxes in Estonia as a non-resident? Tax deductions for non-residents in Estonia. Non-residents of EEA member states and third countries. Standard personal allowance and rental income deductions in Estonia. Double tax treaties for non-residents in Estonia: real-life examples. What advantages does tax residency in Estonia offer?
Read moreWant to invest in Turkish real estate or buy a luxurious villa out of the tourists’ way in a Turkish nook of stunning natural beauty? The Aqua Blu residential complex in Süleymanpaşa, Tekirdaǧ, may be what you are looking for. The villas are still under construction, so you can buy the property at the lowest price set by the developer. The demand for housing in Turkey is on the rise, so you have every chance to sell the villa later at a 30% profit or rent it out to have an additional income. The ownership of the real estate in Turkey also gives you the right to Turkish citizenship for the whole family.
Read moreThe reasons why a citizenship- or a residence-by-investment program can be closed include international pressure, unreliable due diligence procedures, a negative public attitude, risks of money laundering and corruption, change of the political climate in the host country, and so on.
Read moreIf you seek an opportunity to invest in really profitable real estate, buy accommodation for yourself or your family, or have a business residence for meetings, Bodrum elite villas (Turkey) may be just right for you. Take advantage of a good climate, well-developed infrastructure, proximity to the seaside, stunning nature, and nice residences built to suit your tastes. You can have the villa made according to your preferences as the project is still under construction. Investors can buy the Bodrum villas at a minimal price to sell them later on as the prices will grow and the demand is high.
Read moreYalıkavak, Muğla on the Bodrum Peninsula – a magnificent part of Turkey. Prestigious residential complex in Yalıkavak, Turkey: features and characteristics. Technical and aesthetic parameters of the Bodrum villas. Mansions for sale in Yalıkavak, Turkey: discover the prices and the areas. Amenities and landmarks. Optimal strategies for foreigners to acquire real estate in Turkey.
Read moreWhat are the criteria for selecting an online bank in Europe for a foreigner? The best online and digital banks in Europe in 2023. Bunq, Curve, Holvi, N26, Revolut, Vivid Money, Wise, and Lunar. Where to turn if you want to open a bank account online in Europe: the most popular online banks. Explore other renowned digital banks and digital banking accounts in the EU. Which option is preferable: an online bank or a traditional financial institution in Europe?
Read moreThe US docks host the largest number of yachts. Canada has the highest number of boats per capita. Russia is the country where the majority of superyacht owners live. The total number of marine vessels in the world exceeds 33 million.
Read moreWhat is the appropriate cash amount to keep at home? Government policy on cash circulation: things to keep in mind. Market rules regulating cash circulation. Measures taken to decrease the use of cash as a means of payment. Arguments for and against keeping cash within easy reach. Realities of keeping cash at home.
Read moreDo you have a yacht or another vessel that needs to be registered? Finding a good place for registration is not an easy affair. There are a few best jurisdictions with the world’s best marinas, and they offer different conditions. Our specialists are familiar with all rules and regulations, and they will be happy to give you advice. In the article, we look at Fort Lauderdale, the recognized world yachting and boating event capital, and consider the most popular marinas where yachts are moored in 2023 and the best jurisdictions (Portugal, Greece, etc.) to choose for yacht registration.
Read moreSerbia is not among the richest countries in Europe but its economy has been growing steadily. Skilled professionals as well as active entrepreneurs from other countries will find a great number of advantages in Serbia if they choose to relocate there. Obtaining a residence permit in the country is not a difficult task at all.
Read more
