Hello guys...
3 motives: Tax efficiency/ tax residency status/ residence for Schengen after Brexit
I am Brit, and bought a house in Barcelona this year..However, didn't realise about wealth tax on UK property, so don't fancy Spanish tax residence.
I'd spend some time in UK, but would be useful to have continued freedom to roam in EU for whole year if possible but also tax efficient.
Bulgaria may offer tax residence. So could Montenegro, though maybe Bulgaria is closer to joining Schengen...? When and if they join Schengen, that would allow EU travel
Otherwise, Bulgaria v Montenegro, which would you recommend in terms of combination of corporate and personal tax rates..
Both countries are fine I believe for bidding on EU projects.
If it is true that there is 0% CT on non-Montegrin business, then that's attractive. I have been running a member based company from Hong Kong for consultants around the world, so this would be useful.
I would want to move my tax residence to one of these countries even if I am spending time in say Spain, France or Italy, but I love the Balkans too.
many thanks
3 motives: Tax efficiency/ tax residency status/ residence for Schengen after Brexit
I am Brit, and bought a house in Barcelona this year..However, didn't realise about wealth tax on UK property, so don't fancy Spanish tax residence.
I'd spend some time in UK, but would be useful to have continued freedom to roam in EU for whole year if possible but also tax efficient.
Bulgaria may offer tax residence. So could Montenegro, though maybe Bulgaria is closer to joining Schengen...? When and if they join Schengen, that would allow EU travel
Otherwise, Bulgaria v Montenegro, which would you recommend in terms of combination of corporate and personal tax rates..
Both countries are fine I believe for bidding on EU projects.
If it is true that there is 0% CT on non-Montegrin business, then that's attractive. I have been running a member based company from Hong Kong for consultants around the world, so this would be useful.
I would want to move my tax residence to one of these countries even if I am spending time in say Spain, France or Italy, but I love the Balkans too.
many thanks