- US LLC and personal
tax residency in a zero
tax haven
-
Cyprus LTD with personal
tax residency in Cyprus (not tax free but less than 10% total tax plus good banking, EU company etc.)
- Dubai free zone company with personal residency in UAE (also apparently not completely tax free anymore but very little total tax)
Well, correct me if I'm wrong...
Those 3 options are overall valid, I'm no expert and I don't dare to doubt, but maybe right choice depends on standards..there's nomad and nomad...
Majority of nomads aren't cryptostars or company owners, but just employees or average freelancers, so to simplify I could assume "that majority" could fall in a 40\50k € yearly\rate more or less.
Given that, those three options are still suitable?
For example, I've heard many people saying that Dubai could be a good fit only for professionals with at least >100k yearly income.
Cyprus scares me because it's EU...and between the 3 is the less convenient (10% taxes...the other 2 none...so far...)
"US LLC and personal tax residency in a tax heaven"...so you should get residency ...let's say... in Saint Kitts and open an US LLC?
Seems quite hard and expensive...Is still doable for a "standard nomad"?
I apologize in advance for any mistake, I'm not an expert...just a curious passenger..