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Axel wins big on the stock market

sriracha

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Aug 25, 2022
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Going back to our friend Axel from Germany, it turns out he decided to leave Spain and become an Estonian tax resident with an Estonian LLC, so now he freelances from Tallin and pays his 22% on dividends.
As it turns out, Axel also decided to buy Tesla stock in 2019, so now he's got 500keur in his etoro account that he will transfer to his bank account and pay an inordinate amount of tax on.

Had Axel known that he was going to score it big with his stock, what could he have done differently?

I am thinking specifically:
- the right country to be a tax resident of when cashing out and while the value of the stock is rising
- the right thing do with the money right after cashing out, be it "in the right country" or "in the wrong country"
 
what worked in the past may not work in the futur.
in germany you will be soon obligated to pay taxes on stock income even you have not realized them and even may lose money in the end
 
Axel could choose to move to Cyprus where there is no capital gains on disposal of shares.
If the shares of Axel are held in the Estonian company, then other solutions may be applicable to save on capital gains,
 
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