How to save 40% of your income

How to save 40% of your income

Are you aware that a lot of your profits go to taxes in your own country?? ?There are countries that offer favorable tax policies to attract investors, such as those with non-territorial taxes.


Non-territorial taxes are those in which only the profits earned within the country are taxed and not those earned outside of it. To access this benefit you have to obtain residency in the country. ?Here we are going to explain to you how to access this opportunity.


Paraguay

Paraguay offers attractive tax conditions for foreign investors, including exemption from territorial taxes such as personal income tax and corporate income tax on profits generated outside Paraguay's territory. Additionally, the country has a corporate tax rate of 10%, one of the lowest in Latin America.

In addition to the tax conditions, Paraguay offers a strategic location, skilled labor, and competitive production costs. The country has also implemented policies to attract investments, such as the Investment Promotion Law, which offers tax and financial incentives for investment projects.

How to obtain residency?

This? country offers a fast and efficient way to get a residence abroad in the least stressful way possible. The programme is known as SUACE (Unified System for the Opening and Closing of Companies) and the cost of the investment is USD 70,000


Singapore

Singapore has earned a reputation as a tax haven due to its favorable tax policies for companies and investors. Singapore offers a corporate income tax rate of 17%, but it only applies to profits earned within the country. Additionally, there are no taxes on dividends or capital gains earned outside of the country. This country? also has double taxation agreements with over 80 countries, meaning investors only have to pay taxes once.


How to obtain this benefit?

This country offers several residency through investment programs that can lead to citizenship. These include the Global Investor Program (GIP) and the EntrePass Scheme.?


The GIP is more expensive, it? requires a minimum investment of $1.8 million USD in a new business startup or an existing business expansion, while the EntrePass Scheme is more affordable and requires a minimum investment of? $37,000 USD in a new business startup. Both programs require a detailed business plan and a track record of successful business operations.


United Arab Emirates

The United Arab Emirates? is an attractive destination for investors due to its favorable tax policies. The UAE has no corporate income tax for companies and investors, which means there are no taxes on profits earned within or outside of the country. Additionally, the UAE has double taxation agreements with over 60 countries, meaning investors only have to pay taxes once.


How to obtain this opportunity?

This country offers several residency through investment programs that can lead to citizenship. The most popular program is the UAE Golden Visa, which allows investors to live and work in the UAE for up to 10 years. To be eligible, investors must invest at least$2.7 million USD in a property or a new business venture. Other programs include the Abu Dhabi Investor Visa and the Dubai Investor Visa, which have lower investment requirements.


So, if you are interested in finding out more about tax free countries and its opportunities, contact us today! Below this article, you will find a link to set up a free fifteen-minute consultation with us to discuss your options further.


Also, if you want to access our other great content, subscribe to our YouTube channel! At Creimerman, our team of professional global citizens would be happy to help you with your personal or professional cross-border ventures and help make them a success.



Contact us for more information!

Email: [email protected]

Our Website: https://www.creimermanlaw.com/

Our Blog: https://www.creimermanlaw.com/blog

IG: https://www.instagram.com/creimerman.llc

Talk to us: https://calendly.com/gcreimerman

要查看或添加评论,请登录

CREIMERMAN Immigration | Investments的更多文章

社区洞察

其他会员也浏览了