Recent content by manukahoney

You can do a lot with pre-tax corporate money in the UK. Especially if you work in creative industries like IT. Business flights, hotels, car leasing, personal items like cloths and gadgets, even partial rent can be paid from your LTD pocket, saving you like a half on taxes compared with paying...

Switzerland is a great place actually, but to achieve a low-tax setup there you need some negotiation power, then you can have a tailored made solution from one of the cantons. Few 100k EUR doesn't cut it, you are better off on Cyprus/Malta/Portugal or in Dubai (or Ireland if you like colder...

There is no protection from US reach unless you are a citizen of China or maybe Russia or N Korea. There are anecdotal instances of people escaping US prosecution, but most of them live fugitives lives and risk being used as an exchange stock. Don't mess with yanks.

It is always advisable to seek a professional opinion, better more than from one source. I decided not to play around fast-changing rules with both parties seeing wealthy people only as a walking wallet to tax and left the country before the election. So I can't give any advice on whatever new...

UPD: as many mentioned above - the whole thing depends very much on taxation rules of countries A and B.

Generally speaking, if no sales were made there wasn't any business activity, so what John did was basically research with no intrinsic commercial value. So when John moved to another country, developed a product based on his research and sold the IP rights - he will be taxed only in the country...

Don't complicate things. Leave the UK, spend less than 16 days, you are golden. Move to the jurisdiction that doesn't have CGT and where you can get a residency quickly (UAE for example, can be elsewhere). That's it, no complex structure, no excessive reporting, nothing.

Move to UAE or Cyprus right now (like today), before spending more tax days in the UK for 2025/26 tax year. Spend less than 16 days in the UK tax year. You will automatically lose your tax residence. That should do the trick, however I would also recommend cutting the ties in the UK: -...

I heard the same story from younger guys as well - doing a startup is easy when you find the right unit economics. I started before startup boom and hitting 100k was relatively easy - chose a new industry, contributed in the field, made a name for myself and started an agency. Reached 10k...

Just go to Gibraltar, at least you get better climate and cheap stuff in Spain and you can drive/fly anywhere. On the issue - CI economy heavily depends on financial regulation, it's a nexus for offshore banking, so everything else matters little. So if you believe that the UK government will...

Apologies, but were they ever a good place to start with? The weather is dull and windy, the prices are mad, there is almost nothing to do and see and you need to take a connecting flight to go anywhere. I understand British who moved there - it's an upgrade plus you are a short flight away...

You need big returns, so expect big risks. And let's stick to legal routes only. Trading. Options are your obvious choice, small cap crypto might work as well. Both require intense DD and a sheer amount of luck - you have bigger chances of losing your deposit than making 10X on it, but it's...

There are structures called DIFC trusts. I recommend looking into it.

It's not. In fact depending on the country it's one of the best passports you can have. The residence on the other hand can be taxing. Pun intended.

My bad, Cyprus and Ireland have limits, Malta doesn't if I'm not mistaken.