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?
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"...
@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?
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!
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%...
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...
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.
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
Thanks JohnnyDoe for your perspective on this - point taken.
Without necessarily going tinto great detail, what would your suggestion be to play it safe?
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...
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.