If I open EMI as Russian resident, I won't be able to send money anywhere in EU/US and also when more bombs pour it will be suspended.
Border-runs, in Thailand, have been cracked down on years ago.
That applies to everybody except Russians who have separate bilateral agreements with Thailand and it does include reentry. Case closed..
That applies to russians too, on practise.
Legal residency? You become tax resident based on the rules of the country in question, usually something along the lines of spending 180 days or more in the country. I think in case of the cyprus non-dom scheme its 60 days
Yes, and actually you don't need a company for that. You apply for tax residency if you can stay in Cyprus for 60 days and not stay in any other country for 180 days. You only need a rental contract for this, you can ask any friend to sign. Then you apply for non-dom status, this means that you are not native, that your parents are not from here. Seems like for this stage you need a stamped rental contract, I am still into this. This gives you 0% on dividends. This makes sense if you have a Cyprus company that pays dividends. But keep in mind Cyprus is a pain in the a*s. Locals are slow, rules are flexible, mandatory audit, mandatory local secretary. It makes sense only if you live here or you have big volumes
You're thinking about this the wrong way.
OK thanks that makes sense. Sorry I hijacked your thread for a moment I'll make a new one for my questions.
Seems it is complicated and slow now for Russians. I was told I will see my ID card in a year or get rejected. Do you think I should consult some other people? Who?
Argh that sucks. I'd probably consult with a few people, I've been getting a lot of conflicting information. Maybe all of it is true and nobody really knows what the exact process or system is. It's down to finding a kickass lawyer who will bribe whoever is needed to get the job done.
Lots of Germans have posted videos on youtube advising to rent only properties for which you can register electricity, gas or water in your name because tax authorities and banks will ask for it (mobile phone contract is not sufficient anymore). But I'm not sure whether this is because of German or Cypriot tax authorities.
i can confirm that cyprus is a big thing as an emigration country in germany since a few years. there are hundreds of youtube channels promoting it. also these have problems to get a local bank account... furthermore the heat in summer should not be underestimated, the costs of living anyway.
Spot on!
