Author:Alexandra ErlangerPublished:30 May 2023
Have you ever thought of working in Switzerland? No wonder: the country offers really good salaries, which are high even if we compare it with the European Union countries. The taxes are not very low here, but you get excellent living standards in return. And if you enjoy the work and life balance, Switzerland is the right country for you as nobody here stays at the workplace for more than needed. Employers are limited by laws in assigning overtime hours to their employees. You can also work for
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Author:Alexandra ErlangerPublished:30 May 2023
The main positive tendencies in the economic citizenship industry are as follows: the number of national programs is increasing; the citizenship/ residence-by-investment opportunities are becoming more diverse; their flexibility is improving; the requirements are becoming more liberal; the competition in the market is toughening; and so on. The main negative tendencies in the industry include the following ones: the due diligence checks are growing stricter; the international pressure on host co
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Author:Alexandra ErlangerPublished:30 May 2023
Both citizenship of the U.S.A. and legal foreign residents of the country are taxed on their domestic as well as their foreign income. There are some exceptions from the general rule. In particular, the following instruments of tax deduction are available to an American making an income in a foreign country: Foreign earned income exclusion; Foreign housing deduction or exclusion; and Foreign tax credit. The essential requirement is that the taxes should have been paid (or charged) in the foreign
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Author:Alexandra ErlangerUpdated:07 June 2023
Requirements for digital nomads applying for a visa to Uruguay. Obtaining an Uruguayan visa: costs for digital nomads. Pro tips and tricks to obtain a digital nomad visa to Uruguay offline and online. Applying for an Uruguayan digital nomad visa online in 4 steps. Offline application for a digital nomad visa to Uruguay: where to apply. Extending a digital nomad visa to Uruguay. Why choose Uruguay: advantages for digital nomads. Expert assistance with digital nomad visas to Uruguay.
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Author:Alexandra ErlangerPublished:29 May 2023
How to choose the best country for registering a foreign company? The low corporate tax rate, as well as other business taxes, is one of the critical factors. Our experts have prepared for you the ranking of countries with no corporate tax in 2023.
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Author:Alexandra ErlangerPublished:29 May 2023
The history of tax havens and offshore zones: definition of offshore jurisdictions, offshore countries, offshore territories, international financial centers (IFCs), offshoring; journey through the evolution of tax havens and tax incentives for offshore business from ancient times to the present.
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Author:Alexandra ErlangerPublished:29 May 2023
Are you thinking of boat registration? We can help you with that. But what if you need to register your vessel in two countries to sail under two flags? This is impossible if we approach the matter directly, but there is a workaround called Bareboat Charter. This is an absolutely legal strategy that allows owners to have more flexibility as to the flag they use for their vessels. Read more details about it in our article. We will also mention the basics and peculiarities of vessel registration i
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Author:Alexandra ErlangerPublished:29 May 2023
Is it possible not to pay tax on worldwide income? Yes, there are countries that do not charge such a tax, as well as other types of taxes, for example, on capital gains, or dividends. Our experts have prepared a complete list of tax-free countries with recommendations and comments.
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Author:Alexandra ErlangerPublished:26 May 2023
How to choose the right name when registering an offshore company? This question worries many of our clients, so our experts have prepared a complete guide on offshore company names, which will consider in detail all aspects of this issue.
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Author:Alexandra ErlangerPublished:26 May 2023
In most cases, you are not considered a tax resident of the country where you spend less than 183 days per year. This means that you can be a tax resident of no country if you keep moving from one place to another without staying for too long in any of the countries. This does not mean that you will be paying nothing in taxes, however, because you will have to pay the taxes in the country where your income comes from anyway. Besides, the tax resident status is required for obtaining banking serv
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