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Recent content by h123

  1. h123

    UK LTD owns US LLC on NHR Portugal

    Ok, I'm thinking about it. I'll reach out to you if I end up choosing dubai. I'm also considering Georgia HNWI
  2. h123

    UK LTD owns US LLC on NHR Portugal

    Thanks for the info. I'm more concerned about how I'd maintain my personal tax residency in UAE if I only spend couple of weeks there every year. I'm not a big fan of the lifestyle in Dubai. I prefer living in Portugal and keep traveling around Europe.
  3. h123

    UK LTD owns US LLC on NHR Portugal

    How much it generally cost? I've seen $6k-8k to incorporate in uae for what cost me $200 in the US to open a LLC.
  4. h123

    UK LTD owns US LLC on NHR Portugal

    Sorry, I didn't read the first line. What would be a good setup instead? Maybe using a shell company in UK ?
  5. h123

    UK LTD owns US LLC on NHR Portugal

    It's quite expensive to incorporate in UAE. Probably 15x more than uk
  6. h123

    UK LTD owns US LLC on NHR Portugal

    All my clients are in the US. It’s easier for me to get consulting contracts. From what I understood, a LLP is a pass-through entity like a LLC and I cannot hold income inside of it. Maybe in the future, I may want to lower my dividends and reinvest the profits.
  7. h123

    UK LTD owns US LLC on NHR Portugal

    Hello everyone! I’m currently non-resident of Canada and I’ve been traveling fulltime for the past 3 years. I’m looking to make my personal tax residency more clear. I was thinking about using Portugal NHR with dividends from a UK LTD. This LTD would own my US LLC (disregarded). Since the LTD...