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Recent content by Enrique123

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    Part 2: Would this set-up trigger tax residency (in Southern European country)?

    Thanks Johnny - indeed its not very credible. Given I have already taken the step and am currently a tax resident in Cyprus (and have set up a company), what would you say is the best option at this point: to stay in Cyprus for another year or to initiate the move to the DR as soon as possible?
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    Part 2: Would this set-up trigger tax residency (in Southern European country)?

    You are absolute stars - thanks ever so much for the time taken and the insights provided - it definitely helps towards looking into next steps. I have read in a few articles that having obtained residence in Cyprus for the first year is not a bad option, and that it serves as a "bridge"...
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    Part 2: Would this set-up trigger tax residency (in Southern European country)?

    @marzio @JohnnyDoe In my particular case (as described at the start of the thread), I risk Spain considering my centre of economic interest to be in Spain. How would the Dominican Republic option (vs Cyprus) help with this, all things remaining equal?
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    Part 2: Would this set-up trigger tax residency (in Southern European country)?

    Im struggling to find some info on the Dominican Republic program / advantages / content in general either through YouTube, Search or even this forum. If you do have any sources of info grateful if you could share. Thanks!
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    Part 2: Would this set-up trigger tax residency (in Southern European country)?

    Thanks @marzio - this was recommended by someone else in this thread as well. Aside from Dominican Republic any other alternatives?
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    Part 2: Would this set-up trigger tax residency (in Southern European country)?

    Thanks @marzio @lostguy - any suggestions of options which offer this protection (and don't require you to stay 183 days)?
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    Part 2: Would this set-up trigger tax residency (in Southern European country)?

    Hi - exactly so. What I was pointing out was that if Spain considers me to be a tax resident, then the Non-Dom is void (and hence points 6-8 do not apply). If this is correct, the doubt is regarding what is considered the "centre of economic interest". If I obtain (and prove) that over 50%...
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    Part 2: Would this set-up trigger tax residency (in Southern European country)?

    Hi everyone, Thanks for your responses on the previous thread I created - I didn’t expect this to generated such a heated debate. I have re-read this thread to try to arrive at some conclusions: 1- The Cyprus Non-Dom program grants you tax residency provided you a) spend 60 days in Cyprus...
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    Would this set-up trigger tax residency (in Southern European country)?

    Yes - this is what I read. Unsure where JohnnyDee is getting the no minimum stay requirement
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    Hey there - heartfelt thanks for the time taken to comment on the thread I created. Grateful if...

    Hey there - heartfelt thanks for the time taken to comment on the thread I created. Grateful if you could forward some good local contacts at the Dominican Republic with which I could touch base.
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    Would this set-up trigger tax residency (in Southern European country)?

    If this is truly the case then it seems like a no-brainer?
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    Would this set-up trigger tax residency (in Southern European country)?

    Thanks JohnnyDee - all this is new info which I will most certainly explore in detail. In terms of say the Dominican Republic: would you be knowing what the minimum time required to spend there is per year? apols - just read its 182 days
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    Would this set-up trigger tax residency (in Southern European country)?

    Thanks JohnnyDoe for your perspective on this - point taken. Without necessarily going tinto great detail, what would your suggestion be to play it safe?
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    Would this set-up trigger tax residency (in Southern European country)?

    Thanks JohnnyDoe and Larin for taking the time with this - greatly appreciate. Even though I am not domiciled in Cyprus, I have been granted tax residency by the country. Spain may not accept it, but surely in the event of a dispute between ESP & CY the tax treaty should come into play? Or...