Recent content by uncreative

Good overview, but last update was End 2023: https://thepoorswiss.com/wealth-tax/ All in all, the wealth tax in Zug, does not seem very high to me at 5 million CHF, amounting to under 0.2% and probably even less with the new exemptions.

If you have just a partnership or a self-employed, you can live probably 15 years tax free by moving to germany. ( video is in german ) You bring a lot of value to Germany and you can write off this value over 15 years. Example, you make 200k a year in profit, then according to German law...

Hi, I have the same maltese structure with the scottish LP and the end. I can understand what you write. I see it similarly, you have the feeling of being trapped in the quite complex construct. It works and if you have a good service provider that you trust and who handles the paperwork on...

Does anyone have experience with the remittance of capital gains or dividend payouts already taxed in Malta at 5% bringing this money back to Malta taxfree without problems. The theory is quite vague when it comes to this; for example, it doesn't say anywhere whether you have to report this...

If the beckham law is used correctly, p.e. pay attention to sufficient substance for a foreign company, no offshore destination,... the special tax regime can be a very good option for 6 years. But after that you should move on :) You do not have to declare your assets abroad, p.e. Crypto...

I Think Malta has many advantages and disadvantages. It is quite easy to socialize as there are many expats on the island. The bureaucracy is average compared to other countries. Malta is driving digitization faster than Spain or Germany. In my opinion, the quality of life is okay, but in the...

I think the problem will be that under beckham law, you cant have more then 25% shares of a holding... not sure if you are using another company to relocate under beckham law and have a holding additional. active business company with 100% shares is no problem since the recent beckham law...

Where did you hear about the 30% Exit Tax? Source Please, I am in the situation to leave malta , my agency did not know anything about an exit tay... I have read it but not sure how the tax is calculated and if I have to pay by moving in a higher EU Tax country. Normaly the exit tax is to avoid...

There a lot of changes since 2023 for beckham law. P.E you can set up your own active SL ( 100% shares ) and work as a director to apply for beckham law. Here is good summary of the changes: https://parakar.eu/knowledge/sp/2023-changes-to-the-beckham-law-in-spain-what-you-need-to-know-2/

The fact that the last very strong earthquake happened so long ago should be more of a concern in this case. But well, you asked: "Anything you would recommend me if I had children and a wife with me? something I need to pay attention to when looking for renting at first?" I think this is...

The north of Portugal is also very nice, the area around Porto , little risk of earthquakes and tsunamis unlike Lisbon and Algarve. The most destructive Tsunamis | Lisbon, Portugal 1755 If you are moving to a tsunami risk region, it is best to make sure that you do not live directly on the sea...

It is probably the case that under Beckham Law you are a non-resident for the Spanish Tax Authorities i.e. you only have to pay tax on your income and assets within Spain. It probably doesnt matter to spain the amount of shares you own outside of Spain, as long as you dont do any work for the...

I think it could work as long as there is enough substance in the companies and there is no business activity from Spain. In the long run, I think it would be best to run the business directly from Spain. With a spanish SL the first two years you will have only 15% CIT, (even 4 years under...

Sorry, now I understand it. Yes, that could work and maybe this would be the best solution to avoid the exit tax. I hope economic substance will be sufficient with 1-2 employee and an office in Malta. I will check this option with a spanish tax lawyer too, maybe I can use the new beckham law...

Yes, maybe Andorra is an option, but they implement CFC Rules 2024. but with a effectiv 5% CIT in Malta with a Holding there is a possibility that the company is not affected. The problem with Andorra is the bank system, not easy to come in with a maltese setup in the background. Do you know a...