Magnolia is a modern comfortable residential complex in Northern Cyprus with comfortable high-quality open-plan apartments. Great investment opportunities; full support from our experts.
Read moreBritish trusts have to pay taxes on their incomes. New tax regulations have come into effect in 2023 and they mostly affect trusts created by British citizens and legal residents in foreign countries, the so-called non-resident trusts.
Read moreWhat types of trusts exist? Is an offshore trust better than a domestic trust? What expenses can be paid from a trust? Is trust income considered earned income? What taxes do trusts have to pay? Can a beneficiary withdraw money from a trust? How does money come out of a trust? Does money in a trust count as an asset? These and other trust-related questions are discussed in the article.
Read moreConfidentiality, asset protection, and tax reduction: are goals for offshore company formation the same as before? Offshore company taxation – things to take note of. Specifics of offshore company taxation in the EU: paying tax on offshore company profits, place of effective management, office, employee, and economic feasibility standards. Preferential tax rates for offshore companies. Offshore company incorporation to result in a greater tax load in the US.
Read moreWhere do the rich live in Türkiye? Which Turkish rich neighborhoods are most preferred by businessmen, investors, and HNWIs in 2023? What is so special about Ottoman-era yalis, elite mansions, European-style palaces, high-end villas of celebrities, and grand apartments in Turkey?
Read moreHow to make tax-free money or pay less taxes on your income? Our experts have prepared a detailed guide on tax-free living and legal ways to reduce tax liabilities.
Read moreSwitzerland is the main banking center of the world. A great number of affluent people from different countries keep their money in Swiss banks. There they find an unparalleled level of banking security. Even though the interest on some types of bank deposits is negative in Switzerland, opening an account in a Swiss bank makes economic sense anyway.
Read moreIf you put capital and/ or securities in trust, the trust needs a bank account to keep them. The procedure of setting up a bank account for a trust is not overly complicated. Various types of bank accounts are available to trusts (savings, broker’s, investment accounts and so on). If a legal entity acts as the Trustee, there is no need to open a new bank account because the company will already have a corporate account with a bank.
Read moreReasons why Serbia has turned into a popular immigration destination. How much money do you need to live in Serbia? Living in Serbia – what to expect. Rental and lease expenses in Serbia – how much will you pay to rent office or residential premises in 2023? Food prices and transport expenses. Company maintenance expenses. Monthly living expenses in Serbia. Life and cost of living in Serbia for foreigners. How much are you ready to pay for professional services to secure your calm?
Read moreYou have to apply for a banking license if you would like to open an offshore bank. The Central Bank of the country of your choice is the institution that issues banking licenses. You have to meet a great number of requirements to qualify for a license, whatever country you go to. At the same time, opening an offshore bank is not impossible and several jurisdictions offer attractive conditions to foreign nationals wishing to open their own banks there.
Read moreThings to know about staying in Serbia in 2023. Countries whose citizens may visit Serbia without a visa – residence rules for foreigners. Number of days you can stay in Serbia without a visa in 2023. How long can you stay in Serbia on a long-term and a short-term visa? Extending your stay in Serbia. Rules regulating your stay in Serbia in 2023 – summary.
Read moreObtaining a Serbian SIM card is not worth your time and efforts if you only plan to stay in the country for a couple of weeks. Large Serbian cities boast wide Wi-Fi coverage, and mobile providers in the states tourists come from offer competitive roaming rates. In certain situations however a local SIM-card is a […]
Read moreWhen a trust is created, the Trustor transfers his/ her property rights to the Trustee who manages the assets kept in trust for the benefit of the trust Beneficiaries. If the trust is revocable, the Trustor remains the owner of the assets kept in trust. When the trust is irrevocable, the Trustee is considered the legal owner of the assets.
Read moreAre you a digital nomad looking for a nice destination to relocate to? If your budget is unlimited, you can still like the options offered in this article. However, if you are not going to spend an arm and a leg on a digital nomad visa, the opportunities listed below will surely hit the target. You can choose a large country (like Brazil), a smaller one (like Ecuador or Colombia), or islands (Bermuda, Curacao, or Mauritius). That depends on your tastes and current plans, but our specialists can help you make a reasonable choice that relies not only on preferences but also on legal requirements.
Read moreTurkey is a trendy destination for labor migrants from different countries. In this article, we will take a survey of the Turkish labor market in 2023, focusing on issues such as average salary, perspective professions, and much more.
Read moreSetting up a trust is reasonable in a number of cases. First and foremost, trusts are used for asset protection and inheritance planning. Various types of assets can be put in trust but not all types. For example, most types of bank accounts can be put in trust but an Individual Retirement Account or a Medical Savings Account cannot.
Read moreYou can always learn a lot from rich people about preserving and increasing assets. The article of our experts will answer many pressing questions on this topic, such as: How many bank accounts do millionaires have? How do millionaires insure their money? And many others.
Read moreA foreign investor can hardly acquire citizenship of the UAE at the moment. However, the investor can become a legal and tax resident of the country without too much trouble. Hopefully, legal residence in the UAE will lead to full citizenship for the investor in the future.
Read moreHow common is it for HNWIs to set up offshore bank accounts? The Paradise Papers reveal money laundering and tax evasion stats. Reasons for people to have offshore accounts in 2023. Do millionaires keep their money in the bank? Switzerland is wary of accepting billionaire money but keen on growing its bank profit margins in developing economies.
Read moreAre you a freelancer who considers Turkey as a possible destination to settle down or stay for some time? Not all countries are digital-nomad-friendly, but Turkey is. Besides its marvelous maritime locations that can be easily accessed, it offers good infrastructure for freelance foreigners who wish to come and work in the country. In this article, you will discover how to arrange a convenient home office, what to do with taxes, and how to receive and cash your income from abroad. We will also look at the intricacies of receiving a Turkish residence permit (or Ikamet, as it is known locally).
Read moreSaint Vincent and the Grenadines Financial Services Authority issued new licensing requirements for forex companies to be fulfilled by March 10, 2023. Get urgent expert assistance in securing the license.
Read moreGrand Sapphire Resort Residential Complex in Northern Cyprus features high-quality comfortable studio apartments for living in or renting out, with amazing sea views and well-developed infrastructure.
Read moreComfortable open-plan apartment in Caesar Resort Residential Complex, Northern Cyprus: a great opportunity for investing in property for residence or rental. Full support from our experts.
Read moreErbatu Hills Complex luxurious villas in Northern Cyprus: a splendid real estate investment opportunity and a key to permanent residence permit. Expert assistance and advice.
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