tax residency Archives - Flag Theory Passports, Residency, Incorporation, Offshore Banking Thu, 01 Jun 2023 08:39:53 +0000 en-US hourly 1 https://flagtheory.com/wp-content/uploads/2018/07/cropped-favicon-32x32.png tax residency Archives - Flag Theory 32 32 Puerto Rico: The most compelling tax residency option for American Entrepreneurs and Investors https://flagtheory.com/puerto-rico-tax-residency/ Wed, 23 May 2018 06:58:38 +0000 https://flagtheory.com/?p=12031 The post Puerto Rico: The most compelling tax residency option for American Entrepreneurs and Investors appeared first on Flag Theory.

]]> Market capitalization, Corporate debt and National debt at record highs. Is a financial collapse coming? https://flagtheory.com/financial-collapse/ Thu, 03 May 2018 05:41:06 +0000 https://flagtheory.com/?p=11709 The next financial collapse may be coming… Are you protected? Flag Theory Weekly Letter – Thursday, May 3rd, 2018 Last Friday I received a charming letter from my bank informing me that starting next month I would be charged -0.6% P.A. (a negative interest rate) on my EUR accounts. This means that I have to

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]]> More affordable Second Passports, AEOI and Cryptocurrencies https://flagtheory.com/more-affordable-second-passports-aeoi-and-cryptocurrencies/ Wed, 18 Apr 2018 23:50:30 +0000 https://flagtheory.com/?p=11609 More affordable Second Passports, AEOI, and Cryptocurrencies Flag Theory Weekly Letter – Thursday, April 19th, 2018 It has been a while since I last wrote to you, I have been really busy starting a new project (SelfKey) and making sure that our clients at Flag Theory received the best service. From now on, I will

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]]> What you should consider when designing your Offshore Strategy https://flagtheory.com/offshore-strategy/ Wed, 07 Mar 2018 01:22:14 +0000 https://flagtheory.com/?p=11855 What you should consider when designing your Offshore Strategy Today we discuss why offshore companies can be powerful tools to protect your assets, optimize your business and drastically increase your net profits. Why your Tax Residency matters Contrary to what is said, do not expect to incorporate an offshore company and automatically slash your tax

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]]> Where you can establish your tax residency to legally reduce your tax bill https://flagtheory.com/where-you-can-establish-your-tax-residency-to-legally-reduce-your-tax-bill/ Tue, 06 Mar 2018 00:59:18 +0000 https://flagtheory.com/?p=11850 Where you can establish your tax residency to legally reduce your tax bill We spoke about how establishing your tax residency abroad can dramatically increase your net income and some of the factors to consider when designing and implementing your tax residency strategy, and how CFC laws are ultra important in deciding where to be a tax

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]]> What you must know when going offshore…and an offshore salesman won’t tell you… https://flagtheory.com/cfc-offshore-salesman/ Sun, 04 Mar 2018 07:59:11 +0000 https://flagtheory.com/?p=11844 What you must know when going offshore…and an offshore salesman won’t tell you… Today we will talk about one of the more complex topics, one of the things that a salesman won’t mention, but the taxman will and yell ‘gotcha’. Let’s say you’ve set up an offshore company from a high tax jurisdiction (North America, Europe)

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]]> Save thousands of dollars establishing a new Tax Residency https://flagtheory.com/new-tax-residency/ Sat, 03 Mar 2018 07:23:22 +0000 https://flagtheory.com/?p=11839 Save thousands of dollars establishing a new Tax Residency As promised before yesterday, I’m going to explain to you why personal tax residency is the key to reduce your tax burden and have the freedom to choose where you spend your hard-earned money. First of all, I would like to clarify that contrary to what

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]]> Spanish Banco Popular Bail-in https://flagtheory.com/banco-popular-bail-in/ Wed, 14 Jun 2017 22:59:21 +0000 https://flagtheory.com/?p=6851 What we can learn from Spanish Banco Popular bail-in Banco Popular Bail-in A week ago, through the European Union Single Resolution Mechanism (SRM), Banco Santander was authorized to acquire Spanish Banco Popular for only €1, avoiding its bankruptcy due to the massive withdrawal of deposits during the previous days. This meant that more than 300,000

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]]> Automatic Exchange of Information and Tax Residency https://flagtheory.com/automatic-exchange-of-information/ Tue, 02 May 2017 11:58:38 +0000 https://flagtheory.com/?p=6226 How the Exchange of Tax Information works and how to set the proper Tax Residency For some time now, various countries of the world have been sharing information via tax treaties. These tax treaties are typically a dual tax convention (DTC) or a tax information exchange agreement (TIEA) DTC = two countries agree on a variety of factors

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]]> Bulgarian Citizenship by Investment, Business Opportunities and Taxation https://flagtheory.com/bulgarian-citizenship-by-investment/ Fri, 17 Mar 2017 03:09:19 +0000 https://flagtheory.com/?p=5380 Fast-track EU citizenship, business opportunities, setting up a company and taxes in Bulgaria Bulgaria is a country with just over 7 million inhabitants. It is located in southeastern Europe, bordering Romania to the north, Serbia, and Macedonia to the west, Greece and Turkey to the south and with coastline on the Black Sea to its

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]]> Offshore Company https://flagtheory.com/offshore-company/ Fri, 12 Feb 2016 06:44:09 +0000 https://flagtheory.com/?p=2723 Incorporation is a prerequisite for any serious business.
You can also experience these benefits:

Banking/investment opportunities otherwise not available
Planting a flag in a strategic location
Mitigation of sovereign risk
Protection from bankruptcy, lawsuits, divorce, civil unrest, and other 'worst case scenarios'
Access to higher risk merchant accounts
Access to funding or investment capital

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]]> Tax Residency https://flagtheory.com/tax-residency/ Fri, 12 Feb 2016 06:36:42 +0000 https://flagtheory.com/?p=2719 The second flag of Flag Theory™ is Tax Residency, an ultra important flag to plant, as it is the basis for determining your personal taxation. Most countries tax their citizens on a residential basis - in other words, individuals pay taxes to the country in which they reside. However, there are important exceptions, as you will see below. For example, the United States and Eritrea are the only countries that tax their citizens regardless of where in the world they live.

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]]> Where should the Digital Nomad set up a company? https://flagtheory.com/digital-nomad/ Sun, 18 May 2014 05:43:38 +0000 https://flagtheory.com/?p=1721 I am a Digital Nomad – Where should I set up a company? This article was published on May 18, 2014 – we have recently (2018) published  the ‘Where to set up an International Business’ article series, where you can find up to date information on international structuring options: Where to set up an International

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]]> Tax Free Company in Paradise https://flagtheory.com/tax-free-company-thailand/ Wed, 01 May 2013 13:08:08 +0000 https://flagtheory.com/?p=1320 How to set up a Tax Free Company in Paradise 2016 Update: The Thailand Board of Investment (BOI) still offers a 0% corporate income tax for up to eight years. This article shows how to structure this as a US person. More information on starting a business in Thailand can be found on SiamStartup.com. Ever dream

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]]> Principality of Monaco Residency https://flagtheory.com/monaco-residency/ Wed, 27 Mar 2013 17:53:55 +0000 https://flagtheory.com/?p=1255 How to get residency in Monaco Beaches, Ferraris, Casinos, Diamonds, Helicopters, Security Cameras, Yachts, F1, South of France, No Crime, No Taxes. Class. Pour vivre heureux, vivons caché. If you want to live happy, live hidden. Bonjour from one of the classiest places on earth. The billionaire’s retreat in Europe, Monaco is a great place

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]]> Freedom is a dialectic https://flagtheory.com/freedom-is-a-dialectic/ Sat, 02 Jun 2012 05:28:18 +0000 https://flagtheory.com/?p=432 Freedom is a dialectic Governments are increasingly willing to spy on their own people. Whether it is the UK government watching your every movement, the Chinese government censoring the entire internet, the Iranian and Egyptian governments shutting the internet down, government powers and censorships have clearly grown in recent years. A brief glance at the

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