But do you have to be a resident of a country? I mean, what will be the address inside your passport, if you aren't a resident of the country.offshorebanker said:You won't live more than 3 month's in the same country, so you will avoid to be liable to any tax anywhere. Or, you may want to move to a country where they have zero to low personal tax!
It dosen't matter what address (if at all) there may be in your passport, you simply just need to resign as an resident of your country and immigrate in anotherone where you pay low to none tax.robertisnt said:But do you have to be a resident of a country? I mean, what will be the address inside your passport, if you aren't a resident of the country.
An expatriate (in abbreviated form, expat) is a person temporarily or permanently residing in a country and culture other than that of the person's upbringing (other than home country).tiea-hunter said:What is an Expat? Any link is appreciated or brief description please
I don't believe leaving the country is the best solution if you have family or other relatives. You may consult a local tax and legal adviser to help you sort things legally out in order to reduce the tax to the lowest possible in your situation. A offshore company will ofcourse be of great help to achieve what you are looking forfionix said:I was just wondering if there is a legal way to to avoid taxes? Where is it chepeast to live when it comes to taxes, food and usual expenses like renting a home?
Any suggestions would be much appreciated