Yea, but it seems I have a choice: Belarus or Georgia
I'm sure I have to choose Georgia.
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UAE tax residency now?
- Thread starter Alenka
- Start date
I'm sure I have to choose Georgia.Even if you get a UAE tax residency certificate, Belarus can still ALSO consider you a tax resident. So you'd have two certificates.
That's why tax treaties include an article about how to deal with such cases - and if you've got closer ties to Belarus than to UAE/Georgia for any given year, then Belarus "wins".
And if there is no tax treaty, then only the Belarusian laws apply.
That's why tax treaties include an article about how to deal with such cases - and if you've got closer ties to Belarus than to UAE/Georgia for any given year, then Belarus "wins".
And if there is no tax treaty, then only the Belarusian laws apply.
In Panama if you have bought an apartment / land or so or really do run a business with substance you can also get that certificate as well as if you pay some tax voluntarily.
Personally never bothered getting one myself due to no need so cannot comment from personal experience, but this has been told to me by lawyers and it is also written on Kraemer homepage.
kraemerlaw.com
"If you have not 183 days or more in Panama in a single year, you will need to provide other documentation. These additional documents may include grocery receipts, receipts from restaurants and purchases in Panama, utility bills, a rental contract, proof of children´s enrollment in local schools, or other documents that prove a vital economic or familial interest in Panama."
However, friendly nation is not applicable to Belarus and investment will soon be 200k min unless you work there and Panama has its own fair share of issues if you want to operate internationally and offshore and not live in the city and jungle there all the time.
Personally never bothered getting one myself due to no need so cannot comment from personal experience, but this has been told to me by lawyers and it is also written on Kraemer homepage.
How to Get Tax Residency Certificate in Panama - Kraemer & Kraeme
Learn how to obtain a tax residency certificate in Panama and alleviate your Tax burden. Contact Kraemer & Kraemer for a consultation today.
kraemerlaw.com
"If you have not 183 days or more in Panama in a single year, you will need to provide other documentation. These additional documents may include grocery receipts, receipts from restaurants and purchases in Panama, utility bills, a rental contract, proof of children´s enrollment in local schools, or other documents that prove a vital economic or familial interest in Panama."
However, friendly nation is not applicable to Belarus and investment will soon be 200k min unless you work there and Panama has its own fair share of issues if you want to operate internationally and offshore and not live in the city and jungle there all the time.
And Cyprus? 60 days = tax residency and 2.5% company tax with IP box with 0% dividends from this company?In Panama if you have bought an apartment / land or so or really do run a business with substance you can also get that certificate as well as if you pay some tax voluntarily.
Personally never bothered getting one myself due to no need so cannot comment from personal experience, but this has been told to me by lawyers and it is also written on Kraemer homepage.
How to Get Tax Residency Certificate in Panama - Kraemer & Kraeme
Learn how to obtain a tax residency certificate in Panama and alleviate your Tax burden. Contact Kraemer & Kraemer for a consultation today.
"If you have not 183 days or more in Panama in a single year, you will need to provide other documentation. These additional documents may include grocery receipts, receipts from restaurants and purchases in Panama, utility bills, a rental contract, proof of children´s enrollment in local schools, or other documents that prove a vital economic or familial interest in Panama."
However, friendly nation is not applicable to Belarus and investment will soon be 200k min unless you work there and Panama has its own fair share of issues if you want to operate internationally and offshore and not live in the city and jungle there all the time.
I do not know how things work with Cyprus. I try to stay away from EU as much as possible, until general behaviour there changes.
Cyprus only considers you tax resident after 60 days if no other country considers you tax resident. I guess that could be an issue here.
Lived 120 days in Belarus, 21 days in Russia, and 47 in Georgia, so I didn't become a tax resident of any country.
Well then, try Cyprus. But talk to an accountant from Belarus first to make sure that your plan works out.
As I understand they care a lot about substance. Maybe you know +-pricing to set up it with company tax residency + personal total cost?
Probably it would be a great idea for you to change your passport to PP-series first, then you will disappear from the tax radars. But it is essential to register with consular officials in the country of the potential residence, UAE or Georgia.
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