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Tax rules on capital assets differ significantly from country to country, and most people only realize how much once they’re sitting in front of their own tax return. Anyone living in Germany, for example, knows the drill: gains from tangible assets such as physical gold, or from real estate investments
We’ve written about company formation in Singapore several times already, including here, here, and, as a starting point for newcomers, here. For Malaysia, you’ll find a general overview in this article and a detailed guide to setting up a Sdn. Bhd.. We’ve also already covered the JS-SEZ itself, including the
If you would think of Italy, what would come to your mind at first? Probably, the rich history, architecture, cuisine. You might also think of the Italian quality of life and the beautiful nature. But Italy is not only this. Last year, we wrote an article about the HNWI tax
If you ask successful entrepreneurs what they value most, there is high probability that freedom will rank higher than money. Freedom to travel. Freedom to expand internationally. Freedom to choose where to live. Freedom to optimize taxes legally. And perhaps most importantly, freedom to have a backup plan. A second
One of the biggest misunderstandings about residency programs is the idea that „securing residency“ always means „moving over.“ For most people, the word residency carries the weight of a dfficult relocation. Having to sell the house, to move the family, and to say goodbye to your current lifestyle. But there
What do you think could be the main mistake you could make if it is about your future wealth? Let’s imagine two scenarios: Scenario 1 In the first one, a couple or a family who have a nice regular salary (or even two salaries), who can allow themselves to live
European Union = Soviet Union 2.0. Some of our readers might choke when reading this. Are we going too far when saying this? Let’s have a look at some hard facts. Planned economy and taxpayers’ money waste During the cold war the Western countries were laughing at the planned economy
The lifestyle as digital nomad is popular for more than a decade. It offers undeniable benefits like the possibility to discover many different countries in the world, enjoy the best locations without getting bored by the same scenery the whole year. While you travel around the world as digital nomads,
In one of our previous articles, we talked about safe-deposit boxes in banks. Let’s have a look at how secure your savings accounts or money market accounts can be. It is evident that the advantage of money market accounts is in their flexibility: you can take the necessary amount of
Many people familiar with the Flag Theory set up their lives based on its recommendations. Singapore is often included as the place to setup a company: Private Limited Company or Pte. Ltd. We wrote about benefits of having a Singapore Pte. Ltd. in our blog. However, every now and then
