Recent content by Cabin14

We used these guys for GRP - they also do our annual tax reporting, have been very good. https://www.ccmalta.com/practice-groups/tax

With the GRP you do not declare any of your global income to the Malta tax authorities - only the amounts that are remitted to the country, so basically for us it's the amount for the prepaid minimum tax, the rent, and fees for our agent. We don't bring any other cash into Malta and therefore...

I have a US LLC for investing in ETFs in the US. I set up a Wyoming LLC and then an IBKR account - no problems at all.

You can be a tax resident of more than one jurisdiction depending on the local tax laws. Here is a place to start: https://www.oecd.org/tax/automatic-exchange/crs-implementation-and-assistance/tax-residency/

The Malta Global Residence Program (GRP) is available to you. You get a permanent residence in Malta (but you do not need to spend any time there), you get a tax ID (which solves for the issue of the Canadian tax office still coming after you to pay taxes if they discover you have no tax...

SDIV - it's still a US listed ETF - but the composition is made of the 100 highest yield shares in the world (about 1/3 in the US). Currently yielding about 12% or so. Ah - you already mentioned SDIV! I hold a fair chunk in that that, it's a good one.

Depends on what you are looking for. Income, growth, or a little bit of both. But for me, I'd be going in for income and pick $RYLD which is currently delivering ~13% yield. Lock it in and expect to get around $130k income a year. If you are not a US tax payer - then your tax on that can be...

If you don't know that a fund is raising, it's actually as simple as contacting the fund and asking if they have an open fund and are taking on new LPs (investors). Like many businesses, VCs are constantly in the hunt for new money. The more successful ones have a larger minimum commit - so it...

Depends on your age and time frame. Something to consider is investing a chunk (30-50%) in a top performing VC fund. The rest - in an S&P500 ETF. The VC will lock up your cash for up to 10 years - but will typically outperform all other asset classes. I had a large exit a few years back and I...

Ok Ruskie bot.

Very similar in ways. The territorial tax system is great - basically just pay 15k Euro a year in tax and everything else is tax free (on the GRP at least). Since they have no requirement to spend any time in the country it works as a great tax residency for me as a full time traveller. I now...

We visited for the first time last month. Definitely would not want to live there. We are just residents for the great tax benefits of the GRP

If you are an EU citizen then you cannot apply for the Malta GRP. It is only available to non-EU citizens. The 15k tax is a minimum tax payable for GRP holders. It is just an arbitrary number that the Maltese gov put together so they can get some revenue from people holding the GRP. Since most...

I've had no issues with them at this stage. It seems that it is a weird internal Schwab policy - not a legal restriction.

Just a correction here - under the Malta GRP you are not required to spend 183 days a year in Malta, the restriction is that you cannot spend 183 days or more in any other single country. No minimum time in Malta is necessary. I have a Malta GRP and tax ID but have not yet even visited the country.