Recent content by marble123

Granted that: 1- Ideal is to work for dispute to be prevented 2- If one is considered tax resident in Spain, CY will not fight the case However, and correct me if I'm wrong, an individual can dispute the authorities claim over whether he/she should be considered a tax resident. Should Spain...

Thanks again - 100% agree that should seek legal advice from a professional. Back on the topic of 'centre of economic interest', a term which, perhaps intentionally, is not well defined. As I understand this refers to the geographic source of income/investments/assets. Let's take a...

Thanks @Marzio Would selling the shares to the CY LTD indeed cut ties with Spain (or would it still be an issue since I am the UBO)? If not an issue and it does indeed mean that I cut ties with Spain, I could in theory continue to be a Cyprus 60-day Non-Dom and not face any risk from Spain...

Reading this thread seems OP and I are in similar situations. Would the Portugal NHR (and spending +183 days in Portugal) not be a good option?

Thanks for getting back. Spanish citizen and 50% shareholder Selling the shares to the Cyprus company is preferred over the NHR option, but are there any potential drawbacks/downsides for the cyprus company owning the shares in the long run?

Similar situation to @JohnJ81: *Cyprus Non-Dom *Cyprus company *Dividends from shares in a Spain company as main income (I do pay the 5% withholding tax) *Less than 183 days in Spain // No home // no wife or kids Article 4.2 of the DTT Spain/Cyprus states regarding residency that: “he shall...

0.75% crazy indeed.. will try Wise and update on how it goes I believe so.. this is with Hellenic

bummer.. with all the docs in order (financial statements, dividend resolution, tax declaration, etc) let's hope for the best!

it's probably overthinking indeed, but yes: want to avoid using ES IBAN just in case I want to avoid CY bank because of the outrageous due diligence charges - what's the worst that can happen if I transfer a dividend to a (very) recently created Wise account?

strangely I managed to open one (with details of my CY address). i hope i don't have any issues after having made the transfer..

lolll seems like this dividend will be paid to the new Wise account..

the swift charge is only 5€ - it is the due diligence fee which is the killer!

turns out the Cypriot bank is charging a commission of 0,75% over the received dividend amount - seems too high?

thanks! will follow this advise

yep - i think thats only available for the premium plans