December Showed Stunning Job Growth in US Markets
US private employers demonstrated the highest rates of job growth in the past seven months. Data comes from ADP’s payroll processing firm. However, many experts are handling the data with skepticism. Why? It’s because the current pandemic is still in effect, and the numbers may be skewed as a result. Also, a few weeks are […] More
What Are the Impacts of California’s High Home Costs?
The impacts are negative. If anything, they threaten California’s future. After all, 2020 was a year of loss for California. It marked the first time the state experienced a population loss in ages. That loss wasn’t unnoticed though. Many high profile individuals such as Elon Musk have relocated to other states, citing California’s high cost […] More
Why Senator Joe Manchin Wants to Limit Child Tax Credit?
For a multitude of reasons. But before getting into details, let’s discuss what the CTC is, and what it has done for the US population. Child Tax Credit (CTC) is a program that focuses on combatting child poverty. So far, the program has seen massive success, dropping child poverty to under 10% in all states […] More
How Are Regulators Dealing With Crypto in 2022?
Regulation is one of the most discussed topics in crypto. In fact, major industry updates this year were regulation based, which included: El-Salvador – making Bitcoin a legal tender currency The United States’ SEC approval of an ETF Bitcoin Will those new trends and breakthroughs stop in 2022? We don’t think so. We see more […] More
Will Derivatives Affect the Crypto Markets in 2022?
Yes, and they always have. Everyone has seen stories of future contracts causing fluctuations in Bitcoin and Ether prices, especially when they cause sharp crashes. This won’t change soon. In fact, the crypto industry has been affected a lot by leverage use, including resources from BitMEX and their May 2016 futures contracts. However, the derivatives […] More
Turkey’s Expanding Fast into the Crypto Market
Turkey’s local currency (the lira) has been through sharp swings throughout the past couple of weeks. Rising inflation is also an issue, in addition to worries from institutional investors. In fact, Turkey’s government hasn’t made the situation easier, with regulations that seriously cripple the lira’s appeal. One would be Turkish President Erdogan’s decision to cut […] More
US Economy Is Experiencing the Quickest Growth Rate in Decades
The US economy is looking to recover with a reduction in pandemic lockdowns. Based on the Department of Commerce’s figures, the economy grew 5.7% in 2021 – the best performance recorded since 1984. With that, many analysts expect growth to slow down this year. This seems to be in light of the Federal Reserve’s interest […] More
A ‘right of blood’: 17 million Americans can claim Italian citizenship by their ancestry
Some 17 million Americans may be surprised to know that, according to Italian law, they are eligible for Italian citizenship. Such a privilege is their jure sanguinis, or “right of blood.” Including those in America, an estimated 60 million people outside of Italy can claim Italian ancestry. The exodus of Italians leaving their homeland dates […] More
75 million Americans with Latin ancestry are eligible for Spanish citizenship
Based on Spanish law, 75 million Americans may be eligible for Spanish citizenship due to their ancestry. Americans with Spanish heritage — such as nationals of Central and South American countries — are eligible for Spanish citizenship by ancestry. This privilege also extends to Filipinos, Portuguese and Sephardic Jews. European passports are among the most […] More
33 million Americans could claim Irish citizenship by ancestry
It may be hard to believe, but an estimated 33 million Americans are possibly eligible for Irish citizenship based on their ancestry alone. The reason the figure is so high dates back to the 19th and 20th centuries. Between 1820 and 1930, more than 4.5 million Irish citizens sailed across the Atlantic to settle in […] More
Insiders are Selling $69 Billion Worth of Stock
It all comes down to taxation. Due to the recent increase in taxes and lofty shares prices, CEOs, as well as corporate insiders, have been selling their stocks. Thus far, a record of $69 billion has been offloaded by high-profile business people. The list is long. It ranges from Satya Nadella at Microsoft to Jeff […] More
IRS Audits: 3 Years, 6 Years or Forever, What Would You Choose?
Who likes taxes? Would you not want to say this to IRS? “Sorry, you’re deadlines gone, you can’t audit me right now.” Here’s a fact: The IRS has a time span of 3 years after you submit your file for an audit. In certain scenarios, that audit might reach up to 6 years. With that, […] More
- in Crypto
Coinbase Wants To Be The AWS of Crypto
Coinbase is one of America’s most popular crypto exchanges and based on a recent statement from its CEO, it wants to be the “Amazon Web Services of cryptocurrencies.” That seems to be a short-term goal on the company’s list, but accomplishing that may prove to be a great challenge. Amazon Web Services (AWS) is one […] More
The Indian Government Plans to Outlaw Cryptocurrencies – Here’s Why
India has declared a long-term plan to cut every cryptocurrency traded domestically. This comes in light of reduced public acceptance, with people expecting digital currency popularity to decrease over time. The ban will affect all private cryptocurrencies. It will only allow for the existence of blockchain technology, and for reasons that stray far from crypto […] More
Latest Cryptocurrency News Early For December
LA’s Staple Center becomes Crypto.com arena Bitcoin and Ethereum witnessed a setback this week after hitting a new peak last week. The setback came after President Joe Biden signed a 1.2 trillion bill for nationwide government projects. The new prices also follow Biden’s policies that suggest new regulations for stablecoins. Additionally, officials in the Federal […] More
The CDC Issues “Avoid Travel” Warnings for 4 European Countries
November 15th saw four countries being upgraded to Level 4, according to a notice from America’s CDC (Centers for Disease Control and Prevention). All four added countries are European, each being issued a warning due to their increased COVID-19 outbreaks. The added countries are as follows: Iceland Hungary Czech Republic Guernsey So far, the CDC […] More
Biden Just Signed a $1.2T Infrastructure Bill: Here’s What it Supports
November 15th witnessed one of the biggest infrastructure packages in US history being signed after months of political infighting. It is designated as a major fund source for much public infrastructure, allocating as much as $1.2 trillion ($550 billion of those towards airports, waterways, public transit, and bridges). But what are the goals of the […] More
- in Crypto
Bitcoin’s New Upgrade: Here’s What You Should Know
Starting November 15th, Bitcoin has launched an upgrade that’ll change the blockchain system for the foreseeable future. It’s a major change. The update allows blockchain to process very complex transactions, widening Bitcoin’s use, and making it more attractive than its competitors in the smart contract world (specifically Ethereum). (Quick Definition): A smart contract is a […] More
Foreign Bank and Financial Accounts Report
Table of Contents Foreign Bank and Financial Accounts Report (FBAR) Every Americans must report certain foreign financial accounts, such as bank accounts, brokerage accounts, and mutual funds, to the Treasury Department every year and retain certain records of those accounts under the Bank Secrecy Act to avoid IRS penalties. On FinCEN Form 114, you report […] More
Bahamas Tax Residency Certificate
Permanent Residents in The Bahamas will Receive Tax Residence Certificates Tax residency certificates have been issued in The Bahamas for those who have been given permanent residency, often through The Bahamas Permanent Residency Certificate. Only individuals who spend a minimum of 90 days in the Bahamas and no more than 183 days in another nation […] More
U.S. Expat State and Income Tax
Table of Contents What You Should Know About State Taxation If You’re An US Expat You’re constantly reminded as an expat that you must submit a Federal Tax Return each year to stay in compliance with the IRS. However, for some expats, there is an equally vital requirement that is sometimes overlooked: submitting state taxes. […] More
Switzerland Lump-Sum Taxation
The Impact of Switzerland’s Lump-Sum Taxation On U.S. Citizens Because of its low tax rates, specific taxing regimes, and privacy rules, Switzerland has long been regarded as a favored tax jurisdiction. To take advantage of these provisions, many Americans have relocated to Switzerland. The question remains as to how successful tax-saving strategies in Switzerland are […] More
Biden Administration’s Federal Tax Increase
In His Next Economic Plan, Biden Proposes The First Major Tax Hike Since 1993 According to those familiar with the situation, President Joe Biden is contemplating the first big federal tax increase since 1993 to help pay for a long-term economic package devised as a follow-up to his pandemic-relief bill. Unlike the $1.9 trillion Covid-19 […] More
Do Residents of Puerto Rico File U.S. Tax Returns?
Who in Puerto Rico Should File A U.S. Tax Return? We are all aware that every American citizen is required to pay taxes to the United States government on all money earned wherever in the globe. One would imagine that the same thing would happen to all Puerto Rican citizens. Here’s where you’ll need to […] More
Best Countries To Raise A Child In 2021
Table of Contents The Top 10 Best Countries For Raising Kids in 2021 Every year, US news publishes a ranking of the best countries to raise children. Unsurprisingly, all the countries at the top of the list are Westerner countries. But surprisingly, the US is nowhere near the top at 22nd. Perhaps more chocking is […] More
Puerto Rico Residency For Tax Purposes
Moving Your Tax Residence To Puerto Rico Despite minor tax cuts in 2017, many Americans believe they are overtaxed. State income taxes can be extremely inconvenient, especially today. Paying astronomical state taxes in California, New York, or anywhere else was never fun. However, given that you can only deduct $10,000 on your federal tax return, […] More
Paying US Expat Taxes As An American Abroad
Table of Contents Do You Still Have To Pay US Taxes When Living Abroad? Because of the Foreign Earned Income Exclusion and the US Foreign Tax Credit, most expats in the United States do not pay US expat taxes. If an expat’s gross worldwide income exceeds the filing level, he or she must still submit […] More
Best Countries To Live In The World 2021
Table of Contents Best Countries To Live In 2021 Ranked Every year, USnews produce a ranking of the best countries to live. The survey ranks over 70 countries on a number of factors ranging. The policies that offer opportunities, the people who drive the effort, and the history that forms the environment and perspective are […] More
Easiest Countries To Get Citizenship In Europe
Table of Contents Top 14 Easiest Countries To Get Citizenship in Europe Despite the fact that European passports provide a wide range of benefits, the criteria and expenses for obtaining one differ greatly from nation to country. We have compiled a list of the easiest countries to get citizenship in Europe. Thousands of Britons have […] More
Cryptocurrency Tax USA: Understanding Crypto Tax Rate
Table of Contents Tax On Crypto in The USA The cryptocurrency tax season is rapidly coming. With so many investors entering the crypto market in the last year, they now have to deal with a new asset class when it comes to their taxes. Even for experienced investors, the regulatory landscape is always changing. Here’s […] More
Income Shifting: How To Use Trusts To Shift Income To Children
Table of Contents Using Trusts To Shift Income To Children Transferring assets and income to minors on a regular and ongoing basis might be a good income shifting strategy and estate planning strategy. Despite the tax advantages of transferring property to children, some parents may be hesitant to relinquish ownership of a sizable sum of […] More
The Disadvantage of Trust Fund To Pass On Wealth
Table of Contents What Are The Disadvantages of A Trust Fund? There are some pros and cons of trust funds. It can be used as a gift to a child, grandchild, friend or family member; can be used in case of your disability or death; can be used to pass wealth to generations without estate […] More
Long Term vs Short Term Capital Gains
Table of Contents A Complete Guide To Capital Gains Tax Rate 2021 Following the new Biden tax plan, we’ve receive a lot questions on how to differentiate between short term and long term capital gain. Capital gains tax is a tax on capital assets. A capital asset is any asset that can appreciate in value, […] More
Ultra-Millionaire Tax Bill 2021
Table of Contents How The Ultra-Millionaire Tax Bill Will Hasten Capital Flight! The proposed Ultra-Millionaire Tax Bill has the unintended but fully expected result of accelerating capital flight from the United States. Senator Elizabeth Warren has thrown down the gauntlet after weeks of threatening rhetoric. The bill to tax the Ultra-Millionaire has been released. Here […] More
Best Universities In The World
Table of Contents Best Universities In The World In 2022 The top 1,000 universities from 80 different countries are revealed in this year’s QS World University Rankings. In this year’s top 1,000, there are 47 new entrants, and over 5,500 universities were examined and considered for admission. While the Massachusetts Institute of Technology (MIT) maintains […] More
Substantial Presence Test Under Immigration Laws
Table of Contents US Taxation – What Is Substantial Presence Test? The substantial presence test is used to determine a nonresident alien’s tax liability in the United States. Substantial presence test under immigration laws is used to determine whether a foreign national is subject to U.S. income tax on their U.S.-source income. Many foreigners always […] More
Most Friendly Countries For Immigrants
Table of Contents Most Friendly Countries For Immigrants Ranked 2021 Gallup created the Migrant Acceptance Index (MAI) in response to the migrant crisis that gripped Europe in 2015 and the backlash against migrants that accompanied it. The MAI measures people’s personal acceptance of migrants not just in Europe, but around the world. Gallup’s Migrant Acceptance […] More
World Becoming Less Tolerant of Migrants
Table of Contents The World Has Become Less Tolerant of Migrant According to a poll, the world is becoming less tolerant of migrants. The discovery comes as Europe prepares to unveil a new asylum plan in the aftermath of a fire in a crowded Greek camp that left thousands homeless. North Macedonia, Hungary, Serbia, and […] More
Most Popular Countries To Immigrate To
Table of Contents List Of The Most Attractive Countries For Immigration In 2021 Millions of migrants are on the move around the world in today’s age of unprecedented mobility. Between 2007 and early 2010, Gallup surveyed almost 350,000 persons in 148 countries, indicating that hundreds of millions more would join them if they could. Check our […] More
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The Ultimate Guide To Greece Golden Visa
The Greece Golden Visa program is one of Europe’s and the world’s most popular residency-by-investment programs. There are some valid explanations for this: The program provides a variety of reasonably priced investment options that will qualify you for a Greek resident permit. You are not expected to spend any time in Greece as a resident. […] More
What Is A Trust Fund and How Does It Work?
Table of Contents What Is A Trust Fund? Many wealthy Americans, when approaching the golden age, setup a trust fund for their children. It’s also often the case when planning to move residency out of the US. A trust fund is a unique legal entity that maintains property for the benefit of another individual, group, […] More
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The Ultimate Guide To New Zealand Investor Visa
Table Of Contents An Ultimate Guide to New Zealand Investor Visa New Zealand’s investor business migration visas are for investors who want to get residency in New Zealand. The investor visas could be a good choice for you and your family if you want to invest in your New Zealand lifestyle. There are two types […] More
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The Ultimate Guide To UK Tier 1 Visa
A Complete Guide to the U.K. Tier 1 Visa There is no other country in the world that compares to the United Kingdom. Its historical and cultural riches are unrivaled. Maybe, if you want sunshine and blue sky, it isn’t in the best climate, but there’s nothing that excellent connectivity can’t address. In the world […] More
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The Ultimate Guide To Portugal Golden Visa
A Complete Guide To Portugal Golden Visa in 2021 Portugal’s Golden Visa is one of Europe’s and the world’s most popular residency-by-investment programs. The offering first began in October 2012, and nearly 10,000 families have earned Golden Visas since then. Why Do People Want To Get the Portugal Golden Visa? – It provides a variety […] More
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The Ultimate Guide To Spain Golden Visa
A Complete Guide to Golden Visa Spain 2021 It is one of Europe’s most popular residency-by-investment programs. Spain’s world-class beaches, delectable food, rich history and high standard of living make it a desirable place to relocate. Investors and their families from outside the European Union (EU), European Economic Area (EEA), or Switzerland can make a […] More
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The Ultimate Guide To Malta Citizenship By Investment
A Complete Guide To Malta Citizenship By Investment Malta is an ideal country to call a second home because it is located in the heart of the beautiful Mediterranean Sea. It can boast both a natural beauty and amazing climate, alongside one of the most up-to-date programs to achieve success in the business world. It […] More
Tax Guide Peru
Personal Income Taxation in Peru As opposed to residency status, the basis of personal income tax in Peru is mainly contingent on the domicile status of the given individual. Domiciled individuals are mostly subject to income tax on their aggregated income. This implies that both, income sourced from within Peru, as well as income sourced […] More
Tax Guide Laos
Personal Income Taxation in Laos In terms of Personal Income Tax, all sole traders, as well as independent contractors are subject to Personal Income Tax on the business income that has been earned within Laos. For both, residents, as well as foreigners, income earned in Laos in the form of salaries, as well as any […] More
Tax Guide Lebanon
Personal Income Taxation in Lebanon Lebanon follows a territorial concept of taxation. Under this premise, it is important to note the fact that taxes are only due on salaries in the case where either of the following conditions are met: The beneficiary of the salary is classified as a resident within Lebanon. This is not […] More
Tax Guide Libya
Personal Income Taxation in Libya As per the Libyan tax regime, residents, as well as foreign nationals are subject to Personal Income Tax on income that has been derived from employment in Libya. Personal Income Tax Rates in Libya The Personal Income Tax Rates are applied on the gross salary after deductions have been made in […] More
Tax Guide Malaysia
Personal Income Taxation in Malaysia All individuals, regardless of their tax residency status in Malaysia are taxed on income that is accrued in or derived from within the periphery of Malaysia. Personal Income Tax Rates in Malaysia The following tax rates are levied on Personal Income in Malaysia: For a taxable income between MYR (Malaysian […] More
Tax Guide Mauritius
Personal Income Taxation in Mauritius Residency status does not matter when it comes to personal income taxation in Mauritius. This implies that irrespective of the nationality of the individual, personal income tax is charged on income that has been derived or earned within Mauritius. Resident individuals in Mauritius, however, are subject to their worldwide income […] More
Tax Guide Mexico
Personal Income Taxation in Mexico For individuals that are resident in Mexico, the basis for calculating personal income tax tends to be their worldwide income. This is irrespective of their nationality status. On the other hand, non-residents, as well as citizens who have already paid tax in foreign countries are only supposed to be taxed […] More
Tax Guide Moldova
Personal Income Taxation in Moldova For individuals that reside in Moldova, income that has been sourced from within Moldova, as well as income earned as a result of activities performed within Moldova, in a fiscal year span are used for computation of Personal Income Taxation. Moldovan citizens that receive their investments as well as financial […] More
Tax Guide Mongolia
Personal Income Taxation in Mongolia For permanent residents in Mongolia, aggregate income is used in order to compute personal income tax. This implies that both, income sourced within Mongolia, as well as income sourced outside Mongolia is used in order to compute personal income tax. On the other hand, for non-residents, only that income is […] More
Tax Guide Morocco
Personal Income Taxation in Morocco For tax residents in Morocco, individual income tax is charged on aggregated income. This implies that both, income earned within Morocco, as well as income earned outside Morocco are used for computation of income taxes. On the other hand, as far as non-residents are concerned, they are only charged on […] More
Tax Guide Nicaragua
Personal Income Taxation in Nicaragua For both, residents, as well as non-residents, Personal Income Taxation is charged on all the income that originates in Nicaragua. As far as income earned by non-residents in Nicaragua is concerned, Personal Income Taxation on this particular income is mostly determined as a percentage of gross income. This primarily depends […] More
Tax Guide Sri Lanka
Personal Income Taxation in Sri Lanka For residents in Sri Lanka, worldwide income is used as a basis of taxation. This implies that both, income sourced from within Sri Lanka, as well as income sourced outside of Sri Lanka is used for tax related purposes. Personal Income Tax Rates in Sri Lanka The following personal […] More
Tax Guide Tanzania
Personal Income Taxation in Tanzania Under the tax regime of Tanzania, the residency status of the given taxpayer is also important. In this regard, it is important to consider the fact that residents in Tanzania are supposed to pay taxes on worldwide income. This implies that income sourced from within Tanzania, as well as income […] More
Tax Guide Tunisia
Personal Income Taxation in Tunisia Personal Income is taxed in Tunisia depending on the overall income earned by the individual over the course of time. This includes both, income sourced within Tunisia, as well as income sourced outside Tunisia. For non-residents in Tunisia, only Tunisian-sourced income is subject to personal income taxation. However, withholding tax […] More
Tax Guide Venezuela
Taxation in Venezuela For individuals resident in Venezuela, worldwide basis of taxation is used. This implies that both, income sourced from within Venezuela, as well as income sourced outside of Venezuela is used for taxation related purposes. For foreign residents with a fixed base in Venezuela, income taxes must be paid on income of national, […] More
Tax Guide Nigeria
Personal Income Taxation in Nigeria For residents of Nigeria, worldwide principle of taxation is used. Under this regime, all income that has been earned by residents in Nigeria, by both, Nigerian, and Non-Nigerian sources is used to compute Personal Income Tax. In the case where an individual is employed, and is a non-resident in Nigeria, […] More
Tax Guide Oman
Personal Income Taxation in Oman There are no Personal Income Taxes levied in Oman. Corporate Income Taxation in Oman Under the Corporate Tax regime in Oman, worldwide income is used in order to calculate Corporate Income Tax. This implies that all the income (both sourced from within Oman, and otherwise) of entities based in Oman, […] More
Tax Guide Pakistan
Personal Income Taxation in Pakistan Pakistan follows a worldwide system of taxation for residents. For non-residents, income tax is only levied on income that is earned within Pakistan, or is sourced within Pakistan. In other words, for non-residents, all income is included that is deemed to be received within Pakistan. Personal Income Tax Rates in […] More
Tax Guide Paraguay
Personal Income Taxation in Paraguay Individuals that have a residency status in Paraguay are supposed to pay personal income tax on the income that has been sourced from within Paraguay. On the other hand, individuals that are non-residents are also supposed to pay taxes on income that has been sourced from within Paraguay. Personal Income […] More
Tax Guide Philippines
Personal Income Taxation in Philippines As far as residents in Philippines are concerned, they are mostly taxed on their aggregate income. In other words, worldwide principle of taxation is followed in Philippines, under which residents are supposed to pay taxes on both, income sourced from within Philippines, as well as outside Philippines. On the other […] More
Tax Guide Qatar
Personal Income Taxation in Qatar Qatar mainly follows a territorial tax system. Under this premise, individuals are supposed to pay taxes on income that has been earned in and sourced from within Qatar. This is irrespective of the tax residence of the given individual. However, it must be noted that income tax is not specifically […] More
Tax Guide Russian Federation
Personal Income Taxation in Russia Russian residents are mostly liable to pay personal income tax on their aggregate income in the given financial year. Therefore, worldwide basis of taxation is used in order to calculate personal income tax in Russia. On the other hand, individuals that are non-residents in Russia are only supposed to pay […] More
Tax Guide Saudi Arabia
Personal Income Taxation in Saudi Arabia There are no personal income taxes levied in Saudi Arabia. Similarly, for income that has been sourced from within Saudi Arabia, no personal income tax is charged. However, non-employment income is mostly taxed via entities, or Permanent Establishments. Corporate Income Taxation in Saudi Arabia For business entities that are […] More
Tax Guide Serbia
Personal Income Taxation in Serbia Serbia follows a worldwide principle of taxation for its residents. This implies that their aggregate income is used in order to calculate personal income taxation. This includes both, income sourced from within Serbia, as well as income sourced outside Serbia. On the contrary, non-residents are only supposed to pay taxes […] More
Tax Guide South Africa
Personal Income Taxation in South Africa Personal Income Tax is charged in South Africa on aggregate income. This implies that both, income sourced within South Africa, as well as income sourced outside South Africa is used for calculating personal income tax. Foreign credit, however, is granted in South Africa for taxes that are paid. On […] More
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Ultra Long-Haul Flights: Will They Return After COVID-19
Aviation has changed since the cold war’s end. This was when the Russian air space opened for foreign airliners. The opening allowed Asia and the US to land there. At its start, the connection was made up of transpolar routes. But over time, continental airlines were able to go from the New York to Hong […] More
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6 Investments Myths That Cost You Money
The investment field comes with good and bad choices. A quick example are the two apps Webull and Robinhood. Both allow beginner investors to sell and buy stocks fast and with no known fees. This made access to Wall Street business an easy feat. However, accessibility doesn’t translate to experience. As an investor, while using […] More
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5 Useful Traveling Insurance Tips to Consider Post Covid-19
This summer, travel and insurance have changed. Those changes will affect the way you secure your vacation this year. As the pandemic grows, a full vacation package will be different. The full family experience that includes flying and hotels will cost more. As the expenses of full-fledged vacations grow so will the expenses to insure […] More
Live in the US? Here are 2021’s Top Selling Real Estate Markets
The US market’s ticking up. Property inventories are slowly disappearing from the markets, and there’s less available to buyers. Why? It’s because of the pandemic. More people are opting to buy homes (and better ones at that), especially with the shift towards a remote work lifestyle. The result has been a rise in sales prices. […] More
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Airplane and Airport Advice: You Need a Face Mask, and Here’s Why
COVID-19s delta variant has brought some interesting changes to air travel. Right now, delta is the predominant variant, being COVID-19s most contagious strain. It had its origins in India, sweeping through the entire country before reaching the UK, then the US. But infection rates aren’t what’s strange about the ordeal. It’s how the American public […] More
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Going to China? Here Are Some COVID-19 Updates You Should Know
Planning to travel soon? If so, bare in-mind that the pandemic is still underway. If you’re travelling for leisure, we recommend delaying plans a bit. Staying home is your best bet to avoid being infected. That aside, staying home isn’t a must. So if you’d still like to travel, then keep reading. Basics to Know […] More
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Who’s Driving Sales on Luxury Property Markets?
The media has always been trying to cover the luxury market. However, their covering is a bit biased. Millennials were not in the picture. Plus, the rich people’s buying stats were the only ones presented for luxury markets. But the rich face many problems today. Those include low inventory and high competition for luxury houses. […] More
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Global Mobility Assets: Which Applications You Can Do Yourself, and Which Ones You Can’t
The process of getting a second passport or a foreign worker visa may seem simple, but it generally isn’t. But it’s hard to ignore that saying: “If you want it done right, you have to do it yourself.” Still, when it comes to acquiring global mobility assets, the saying doesn’t apply as often as you […] More
US Expatriation Tax: Exit Tax After Renouncing Citizenship
Table of Contents US Expatriation Tax 2021 The US government taxes its citizens on their worldwide income irrespective of where they live. American citizens who give up their citizenship or cease to be “green card” holders are subject to a series of complex rules called the “exit tax”. The US Expatriation Tax, aka Exit Tax, […] More
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Global Mobility Assets: When Do You Need A Global Mobility Consultant and Why You Need It
Many who read this have been researching global mobility assets like golden visas, citizenship-by-investment programs and citizenship by ancestry for some time. It’s always important to have a basic understanding of these assets before you apply for them or making investments toward getting them. One must know and acknowledge the possible benefits and consequences. For […] More
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The Ultimate Guide To EU Citizenship by Ancestry and Marriage
Many Americans may be surprised to learn they can potentially acquire European citizenship. This is achieved by tracing their ancestors back to Europe. Within the continent, Spain is a popular choice, because the country has a fast-track program for nationals of countries that Spain colonized. Even Sephardic Jews, a community who got expelled from Spain […] More
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The Ultimate Guide To Grenada Citizenship By Investment
A Complete Guide To Grenada Citizenship-by-Investment Grenada citizenship-by-investment (CBI) allows people of good character and their family members to become citizens in return for participating in the country’s prosperity. Grenada’s citizenship program allows qualified investors to obtain a second passport and, as a result, call this lovely island nation home. Grenada is an ideal country […] More
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The Ultimate Guide To Golden Visa Italy
An Ultimate Guide to Golden Visa Italy 2021 This article is for those who want to obtain residency in Italy by participating in the Italian residency-by-investment program. The Italian government recently improved its “Golden Visa Italy” program to attract more investors and high-net-worth individuals. Not everybody is aware that Italy has a Golden Visa program, […] More
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The Ultimate Guide To Global Investor Programme Singapore
A Complete Guide To Singapore’s Global Investor Programme Singapore is a Southeast Asia city-state known for its multiculturalism, warm climate, world-class infrastructure, universities and overall high quality of life. The Singapore Global Investor Programme (GIP) is a residency-by-investment program that allows approved applicants to stay in the country permanently. After just three years of residency, […] More
Portugal’s D7 Visa is Gaining Traction on the World Stage
Portugal’s New Cheaper, Faster D7 Visa Portugal is offering a new D7 visa option, and apparently it’s gaining popularity with many overseas applicants. In fact, its popularity is eating away at Portugal’s other popular program, the Golden Visa. Why? We’ll explain that below. Following that, we’ll discuss the performance of Portugal Golden Visa program. Pros […] More
Which EU Countries Offer Citizenship by Ancestry?
The Complete List Of EU Countries Offering Citizenship By Ancestry Let’s start with numbers. Currently, 17 EU countries offer citizenship by ancestry. Citizenship is offered for proven ancestry up to great-grandparents. Some go beyond that to even more distant relatives. And in the EU climate, how far an ancestry goes back matters. After all, citizenship […] More
Is the New Zealand Government Scrapping its Investor Visa?
New Zealand Government Reportedly Mulls Investor 1 Visa? That’s partially true. Apparently, the New Zealand government is reviewing its program. New Zealand television media is reporting that the country might eliminate its Investor 1 visa. More on NZ’s Investment Visa New Zealand’s program has two investment-based visa categories. Those are: Investor 1, which requires $10 […] More
Is Grenada’s Citizenship-by-Investment Program Breaking Records This Year?
Flying Start To 2021 For Grenada It might be. Compared to 2020, approval rates for the first quarter are up by 30%. If this trajectory continues, Grenada will be breaking citizenship-by-investment program (CIP) records for the fifth year in a row, making it one of the most lucrative CIP programs in the world. Approvals and […] More
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The Ultimate Guide To Business Investment Visa Australia
The Ultimate Guide To Australia’s Business Investment Visa Recent Update: Amendments in Business Innovation and Investment Visa Program Please be informed that the Australian government has made improvements to the Business Innovation and Investment Program (BIIP), which aims to boost investment and create jobs in key sectors of the economy. The amendments to Australia Business […] More
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The Ultimate Guide To Cyprus Residency-by-Investment
A Complete Guide To Cyprus Residency-by-Investment Cyprus is a European tax haven that has long been a quick and cost-effective way to obtain European citizenship. Cyprus is undeniably one of the hottest and most famous investment immigration destinations in the world. With the EU Commission cracking down, it’s no longer a tax haven and it’s […] More
Tax Guide Vietnam
Overview Vietnam is located in the Southeast Asia surrounded by China on its north side, while Laos and Cambodia situated on the west. On the east, it is accessible via the East Sea. The country has a total area of 331,689 square kilometers. The country is in a great position for economic growth and development, […] More
Tax Guide US
In United States, the residents are supposed to pay taxes on their worldwide income. On the other hand, as far as non-residents are concerned, they are supposed to pay taxes on their US sourced income. Additionally, they are also supposed to pay taxes on all income that is sourced from within the US. There are […] More
Tax Guide Ukraine
Overview Located in Europe, Ukraine is one of the largest countries in Europe. The country is divided in 24 provinces and the Autonomous Republic of Crimea. The capital city of Ukraine is Kyiv which is also the largest city in the country. The local currency is Hryvnia (UAH) and the official language of Ukraine is […] More
Tax Guide Turkey
Turkey adopts a progressive tax regime across all its constituencies. As far as Turkish residents are concerned, their taxable income comprises of their worldwide income. On the other hand, for non-residents, only that income is taxable that is sourced directly from Turkey. Personal Income Tax Rates in Turkey As far as Personal Income Taxes are […] More
Tax Guide UK
As per the personal income taxation rules in the UK, it can be seen that in the case where an individual is resident and domiciled in the UK, they are taxed on the income earned across the globe, as well as capital gains. In the case where the individual is not classified as a UK […] More
Tax Guide Taiwan
Located in the Western Pacific Ocean at southeastern coast of mainland China, Taiwan has long faced economic issues and impediments due to its complex relationship with China where most countries around the world do not consider it to be a separate independent country but rather as a part of China. Due to this, the ties […] More
Tax Guide Switzerland
Residents in Switzerland are taxed on their worldwide income and wealth. On the other hand, non-tax residents are taxed on the Swiss source of their income and wealth. Income Taxes in Switzerland are applied across three different levels: The federal level – this is the same across all of Switzerland. The cantonal level – this […] More
Tax Guide Sweden
Singapore also follows a progressive taxation regime. As far as personal taxation is concerned, it can be seen that tax is levied on all income that is derived within Singapore. As far as income outside Singapore is concerned, it is only taxed in the case where the income is claimed by an individual residing in […] More
Tax Guide Spain
The individual taxation system in Spain can be broadly categorized into two broad categories: Personal Income Taxes for individuals that are residing in Spain (PIT) Personal Income Taxes for non-residents – also referred to as non-resident income tax (NRIT). This category refers to persons who are not residents of Spain, but obtain income within Spain. […] More
Tax Guide Singapore
Singapore also follows a progressive taxation regime. As far as personal taxation is concerned, it can be seen that tax is levied on all income that is derived within Singapore. As far as income outside Singapore is concerned, it is only taxed in the case where the income is claimed by an individual residing in […] More
Tax Guide Saint Lucia
As far as personal taxation is concerned, it can be seen that personal income tax in Montenegro is contingent on the residency status of a given individual. As far as residents are concerned, there are taxed on their worldwide income from any given source. On the other hand, as far as non-residents are concerned, they […] More
Tax Guide Uzbekistan
Overview Uzbekistan is located in central Asia and is a land locked country with other countries bordering it on each side. The north and west side of Uzbekistan is bordered by Kazakhstan and, with Kyrgyzstan and Tajikistan at the east. The country is further bordered by Afghanistan and Turkmenistan to the south. The official local […] More
Tax Guide Puerto Rico
As far as personal income taxation in Puerto Rico is concerned, it is contingent on the residential status of the given individual. In the case of residents, it can be seen that worldwide income is used in order to calculate the tax liability. It is not contingent on the place as to where it is […] More
Tax Guide Panama
As far as personal taxation is concerned, it can be seen that personal income tax in Montenegro is contingent on the residency status of a given individual. As far as residents are concerned, there are taxed on their worldwide income from any given source. On the other hand, as far as non-residents are concerned, they […] More
Tax Guide New Zealand
New Zealand also adopts a progressive tax regime, where residents are subject to taxes on their worldwide income. On the other hand, as far as a non-resident is concerned, they are only subject to income from sources in New Zealand. Personal Income Tax Rates The personal income tax rates in New Zealand are as follows: […] More
Tax Guide Montenegro
As far as personal taxation is concerned, it can be seen that personal income tax in Montenegro is contingent on the residency status of a given individual. As far as residents are concerned, there are taxed on their worldwide income from any given source. On the other hand, as far as non-residents are concerned, they […] More
Tax Guide Malta
In Malta, personal income taxation is levied on the worldwide income of all individuals that are ordinarily residents, and domiciled in Malta. On the other hand, individuals that are ordinarily residents, but are not domiciled in Malta are taxed only on the income that has been derived from within Malta. Additionally, they are also taxed […] More
Tax Guide Jersey
Greece is country situated along the Mediterranean Sea in Europe. It has Bulgaria on one side, and Republic of North Macedonia, as well as Albania on the North. The capital of Greece is Athens City. The official language of Greece is Greek. Euro is used as the official currency Euro. Greece has a rich history, […] More
Tax Guide Italy
The main tax on personal income that is implemented in Italy is the Personal Income Tax. In the local terminology, it is referred to as Imposta sui redditi delle persone fisiche (IRPEF). Individuals residing in Italy are subject to three different classes of taxes, which are as follows: National Income Tax Regional Income Tax Municipal […] More
Tax Guide Isle of Man
Personal Income Tax is levied in Isle of Man depending on the residency status of the given individual. In the case where the individual is a resident in Isle of Man, the tax liability occurs on the worldwide income earned, and not just the income that is earned within the periphery of Isle of Man. […] More
Tax Guide Ireland
Ireland is an island that is situated in Northwest Europe. It spans across 82,421 kilometers, and is divided into two broad peripheries: Northern Ireland, and Ireland. Northern Ireland is politically a part of United Kingdom, whereas the remainder lies under an independent parliamentary democracy, which is officially called Ireland. The capital of Ireland is Dublin. […] More
Tax Guide Greece
Personal Income Taxation in Belgium is levied on worldwide income, as far as residents are concerned. This is irrespective of the nationality of these individuals. However, non-residents are mostly taxed on the income that has been sourced from within Belgium. Personal Income Tax is calculated by determining a relevant tax base, and then estimating the […] More
Tax Guide Gibraltar
Personal Income Tax is imposed in Gibraltar on income that is accrued in or derived from Gibraltar. In this regard, the accrued and derived in principle does not fully apply to individuals that have carried out economic activities in Gibraltar for a period of less than 30 days. In the case where they stay for […] More
Tax Guide Cyprus
As far as Personal Income Tax is concerned, it is imposed on the worldwide income for residents in Cyprus. On the other hand, as far as non-residents are concerned, it can be seen that they are only taxed on certain types of income that are accrued or sourced in Cyprus. Personal Income Taxation Rates As […] More
Tax Guide Cayman Islands
There are no personal tax requirements in Cayman Islands. There are also no withholding taxes imposed on consumption in Cayman Islands either. As far as residency is concerned, the Cayman Tax Information Authority has the liberty to grant tax residency certificates to all the individuals who are declared as residents of Cayman Islands. This is […] More
Tax Guide Canada
Canada is the largest country in the western hemisphere. In fact, it is one of the largest countries across the globe. It is located in the northern part of North America, and extends from the Atlantic Ocean in the east to the Pacific Ocean in the west. Canada has managed to solidify its repute in […] More
Tax Guide Belgium
Personal Income Taxation in Belgium is levied on worldwide income, as far as residents are concerned. This is irrespective of the nationality of these individuals. However, non-residents are mostly taxed on the income that has been sourced from within Belgium. Personal Income Tax is calculated by determining a relevant tax base, and then estimating the […] More
Tax Guide Barbados
Australia is a country located on the Southern Hemisphere that mainly constitutes the mainland of the Australian subcontinent, as well as the island of Tasmania. Additionally, there are a few other islands that are clubbed together, primarily on the regions of the Indian and the Pacific Oceans. It is divided into six states, and 2 […] More
Tax Guide Austria
Personal Income is taxed in Austria depending on the residency status of the tax filer. As far as residents are concerned, they are taxed on their worldwide income. This implies that both, their income sourced from with Austria, as well as income sourced from outside Austria is used for computation of income tax. On the […] More
Tax Guide Australia
In Argentina, personal income tax calculation is dependent on the residency status of the individual. In the case where the individual is a resident of Argentina, personal income taxes are levied on the worldwide income. On the other hand, for non-residents, only that income is taxed that is attributable to, or sourced from Argentina. Overall, […] More
Tax Guide Argentina
In Argentina, personal income tax calculation is dependent on the residency status of the individual. In the case where the individual is a resident of Argentina, personal income taxes are levied on the worldwide income. On the other hand, for non-residents, only that income is taxed that is attributable to, or sourced from Argentina. Overall, […] More
Sotheby’s Accepts Cryptocurrencies at the Auction of a 101-Carat Diamond
Sotheby’s, the British diamond auction house with more than 270 years of foundation, will auction an exceptional and rare diamond of 101 carats using cryptocurrencies as a means of payment. Next July 9, British auction house Sotheby’s will hold the auction of one of the rarest and most exceptional diamonds in existence in the world […] More
China Resumes its War Against Bitcoin Miners
For several weeks now, China has been taking increasingly severe restrictions on bitcoin miners. The latest step is the closure of mines in the Sichuan region, one of the country’s largest cryptocurrency mining hubs. Chinese miners had sensed in recent months that the climate was becoming tense with the government. The threat is becoming a […] More
Bitcoin Price Shoots up After Global Regulator Proposes First Ever Rules for Banks to Hold Crypto
Last month, the Legislative Assembly of El Salvador approved the “Bitcoin Bill”, legalizing the most important cryptocurrency in the country and raising it to the level of legal tender. This bill establishes that the exchange rate between bitcoin (BTC) and the US dollar -the “official” currency of this Central American country since 2000- will be […] More
Bill to Make Bitcoin Legal Tender Passes in El Salvador
Last Wednesday, in El Salvador, a historic and pioneering vote took place at a global level. But as in a brilliant dystopia, the most important part of the event did not take place in the national parliament, but in a Twitter “space”. There, in the “clone” of the Club House created by Twitter, the controversial […] More
After Historic Legal Tender Move, Bukele Aims to Open BTC-Denominated Golden Visa in El Salvador
Last Wednesday, in El Salvador, a historic and pioneering vote took place at a global level. But as in a brilliant dystopia, the most important part of the event did not take place in the national parliament, but in a Twitter “space”. There, in the “clone” of the Club House created by Twitter, the controversial […] More
VISA Introduces Cryptocurrency Payments
The cryptocurrency craze continues. Now Visa has announced that it will allow the use of one of the digital currencies to settle transactions on its payment network. As Reuters reports, Visa Inc. will allow the use of USD Coin to settle transactions. The company has introduced a pilot program with the Crypto.com platform for now. […] More
UK Cryptocurrency Regulations
Cryptocurrency is one of the most popular terms lately. Crypto assets include many different products, but the most common types of crypto assets are Bitcoin, Litecoin, Ether, etc. They are designed to be used as a means of payment. Cryptocurrencies such as Bitcoin are regulated in the UK only for money laundering purposes. In the […] More
Tighter Regulation for Cryptocurrencies in Canada
While the Canadian Securities Administrators (CSA) has brought regulation around cryptocurrencies back into focus, some uncertainty remains. “Because of the novelty of the services and products, i.e., crypto assets that are similar to commodities but are sometimes considered securities or traded in a way that makes them derivatives, it was reasonable to clarify the situation […] More
The Ultimate Guide to Bitcoin Forks
In early 2009, the mysterious cryptocurrency developer (or team of developers) working under the alias satoshi nakamoto launched the first software program that implemented the digital currency bitcoin. Since then, bitcoin has not only gained worldwide appeal, but has also inspired hundreds of other digital currencies. Many of these cryptocurrencies use aspects that were already […] More
The U.S. Financial Crimes Enforcement Network (FinCEN)
We have the world’s most famous sites like Wikipedia, Amazon, YouTube and Facebook. And then there’s the multitude of sites you can access through Google and other search engines. But they are only a small part of the Internet. Beyond these popular sites are those that are not easily accessible to the general public. These […] More
The Evolution of Cryptocurrency Crime in the Darknet
We have the world’s most famous sites like Wikipedia, Amazon, YouTube and Facebook. And then there’s the multitude of sites you can access through Google and other search engines. But they are only a small part of the Internet. Beyond these popular sites are those that are not easily accessible to the general public. These […] More
The Cryptocurrency on Forbes’ 2021 Billionaires List
As a sign that attitudes are changing, Forbes has unveiled the first ever ranking of the biggest fortunes in the cryptocurrency sector. The American magazine is a global reference in this type of subject and offers different types of lists since the 1980s. To make this ranking, Forbes explains that it has mainly retained the […] More
Swiss Regulation on Cryptocurrencies
Switzerland has one of the most progressive economies in the world. It is a very popular place to establish crypto-related businesses, the canton of Zug is also known as the “crypto valley” among the local population. At the same time, the regulation of crypto-currency in Switzerland is one of the most incomprehensible, but it remains […] More
Singapore Cryptocurrency Regulations 2021
In general, Singapore is a jurisdiction that supports cryptocurrencies. In short, everything is legal in Singapore. Anyone can engage in cryptocurrency-related activities as long as they do not exceed the normal limits of financial regulation. In this article, we have summarized the relevant laws and regulations for you. Are cryptocurrencies legal in Singapore? Yes. Cryptocurrencies […] More
Revenge Of The Winklevii
If you saw the movie ‘The Social Network’ (2010) you may remember the twins Cameron and Tyler Winklevoss, played by Armie Hammer. While they became famous for disputing and losing ownership of Facebook to Mark Zuckerberg, they are now owners of a multi-billion dollar empire thanks to the crypto assets business, mainly Bitcoin and NFT. […] More
Real Estate Billionaire Buys Bitcoin, Accepts BTC for Rent Payment at His Residential and Retail Properties
Bitcoin remains the most admired digital asset by many investors, both inside and outside the cryptocurrency space. The reason for this admiration for the digital asset is not far from the fact that it is the most valuable cryptocurrency and its price value has continued to rise since its launch eleven years ago. Institutional investments […] More
Ransomware Bitcoin Demands
Among the most typical and serious cyber attacks is ransomware, wherein a threat actor encrypts an organization’s data until a ransom request is satisfied. These attacks are not only increasing in number, but also in severity.In the first half of 2021, the average ransom payment increased by 60%, with Bitcoin being used for the majority […] More
OCC Says Banks Can Use Stablecoins in Payments
Banks can use stablecoins to conduct payment activities, according to an interpretive letter issued by the U.S. Comptroller of the Currency’s office on Jan. 4. The OCC writes that “blockchain and related stablecoins represent new technological means to conduct bank-authorized payment activities.” Cryptocurrency industry insiders have taken the letter as a seal of approval for […] More
Miami Heat Becomes Official Partner Of FTX Cryptocurrency Exchange
The alliance will consist to a series of long-term sponsorships and commercial activities, in addition to the assignment of a new name for the team’s home, soon to be FTX Arena U.S. cryptocurrency exchange FTX, consolidated a partnership with NBA team the Miami Heat in a long-term alliance that will serve in different commercial and […] More
Japan Crypto Asset Regulations
In terms of crypto asset, Japan is the second largest country in the world. The current tax and legal status of virtual currencies in the Land of the Rising Sun is relatively stable, and recent government changes aim to make the country more attractive to cryptocurrency companies and traders. In general, bitcoin and similar currencies […] More
Hong Kong Cryptocurrency Regulations
The Hong Kong government has been mulling over a ban on cryptocurrencies for several months. In the end, the government seems willing to go down the path of strict regulation. Those who don’t have enough money simply won’t be able to create a cryptocurrency wallet for themselves. And that’s in a country long considered to […] More
Gibraltar Seeks to Expand Digital Asset Regulatory Principles
Cryptocurrencies have been widely known for years, so many countries have already expressed their stance on it and enacted some laws about it. Gibraltar is one of the countries that are ready to support cryptocurrency projects. Whether it is an ICO or a cryptocurrency exchange, there is nothing to worry about if you follow the […] More
Germany’s Cryptocurrency Regulations
Germany will join a small but an increasing number of countries with special regulations for cryptocurrencies. With the European requirements of the Fifth Anti-Money Laundering Directive (AMLD5), the German legislature has revised the country’s regulatory regime for cryptocurrencies: “The Directive Implementation Act amending the Fourth EU Anti-Money Laundering Directive (i) interferes with existing licensing requirements […] More
Coinbase Posts Record $1.8 Billion In Revenue As Crypto Market Shoots Past $2 Trillion
While bitcoin remains volatile, dragging the prices of other cryptocurrencies, the American exchange platform has benefited from the endorsement of private companies and the notoriety they bring to these digital assets. As a result, its net profit soared to $771 million from $177 million in the previous quarter. Cryptocurrency exchange Coinbase, boosted by the frenzy […] More
Blockchain AML: the 4 Key Components
Cryptocurrencies are often presented as the perfect haven for criminals looking to hide their illicit funds. However, by analyzing data on a public and transparent blockchain, it is possible to raise a tip of the iceberg regarding the flow of criminal funds through the cryptocurrency ecosystem. Blockchain monitoring solutions have become an important part of […] More
Bitcoin: El Salvador Makes Monetary History by Becoming First Country to Adopt the Crypto as Currency
El Salvador will be the first country to adopt a cryptocurrency, namely Bitcoin, as legal tender. Nayib Bukele, the Salvadoran president, thus plans to have a law enacted formalizing this decision. President Bukele made this statement at the Bitcoin 2021 conference in Miami. An agreement has, in fact, been reached between the Central American nation […] More
Visa is to Use Cryptocurrency for Payment Settlements
Visa, the credit card company, announced that it will allow the use of the cryptocurrency USD Coin to settle transactions on its payment network, the latest sign of growing acceptance of digital currencies by the mainstream financial industry. Visa has chosen USD coin and its network to settle transactions in their payment network, as per […] More
Turks and Caicos Islands Residency by Investment: Quick Guide
While most investors look for financial opportunities, others look to balance business with a luxurious lifestyle.The Turks and Caicos Islands offer that option. Situated in the Caribbean, this series of islands is known for clear beaches, an exotic environment, and pretty much no taxation. In fact, it’s one of its richest nations, even though it […] More
Slovenia Residency by Investment: Quick Guide
Slovenia offers one of the world’s best passports. Being an EU member, its passport grants visa-free entry into the US and freedom of movement in other EU member countries. It also comes with an affordable program and a low “residency to naturalization time” (if the applicant’s aiming for citizenship status). Does Slovenia have a Residence […] More
San Marino’s Residency Investment Program: Quick Guide
Landlocked by Italy, San Marino is a small country located in Europe. While it isn’t an EU member, foreign residents receive a Schengen visa. The nation has a high living standard and a small population, making it a suitable residence for many high net worth individuals. It also comes with odd travel privileges. Residents are […] More
Poland’s Residency by Investment Program: Quick Guide
Poland offers one of the best passports in the world. It’s an EU member, allowing freedom of movement in the continent, plus visa-free access to the US. This makes polish residency a good investment. In fact, it’s one of the more affordable ones in the EU region. It’s accessible to even lower net worth investors. Does […] More
Latvia’s Investment Residency Program: Quick Guide
For those looking for an excellent yet affordable EU Residence by Investment program, Latvia is an excellent option. Located in Europe, Latvia is a member of the EU. Its citizens are given movement freedom across the union. The Latvia Investor Visa is well established and offers numerous investment options. It’s often viewed as an alternative […] More
Beginner’s Crypto Economy Glossary
The following is a list of terms used in the cryptocurrency world. The terms appear often in the industry, and are important to underlying key concepts. They are: 1 – Address. Storage spot or destination where cryptocurrency assets are sent. Addresses are recognized by alphanumeric references. 2 – Bitcoin. A global, scarce, and decentralized crypto […] More
Georgia’s Residency by Investment Program: Quick Guide
Georgia is not the most popular immigration destination, but interest in the country has increased in the last few years. The country doesn’t have a residence by investment program or a citizenship by investment program. That said, Georgia does grant business investors temporary residency if they invest more than GEL 300,000. Permanent permits are then […] More
France’s Residency by Investment Program: Quick Guide
France is one of the world’s most visited countries. It’s a popular tourist hotspot. Plus, it has an enjoyable lifestyle and culture. Not to mention, France provides many benefits to its inhabitants. Those specifically include free education and healthcare. Also, France comes with a passport that allows visa-free travel through the EU and the US! […] More
Finland’s Residency Investment Programs: Quick Guide
Finland is an attractive country to many investors. It comes with a high living standard and is far away from most political troubles. However, business immigration there is difficult. Finland doesn’t provide passive residence by investment programs or golden visas to high net worth people, and is strict with who it accepts. Regardless, it still […] More
Estonia’s Residency by Investment Program: Quick Guide
Estonia is a Baltic state in the European Union. It comes with an advantageous passport and a lenient tax system, making it a comfortable business environment for investors. Estonia was the first country to offer e-residency to businesses. An easy status that provides access to Estonia’s transparent digital business environment. The Estonia E-residency simply provides […] More
Denmark’s Startup Visa Program: Quick Guide
Unlike most countries, Denmark lacks a residency by investment scheme. Danish authorities are quite picky with who gets to immigrate, especially when evaluating business migrant applications. Currently, Denmark offers one method of business migration, which is the Startup Visa. Denmark Startup Visa The Denmark Startup Visa application process takes 6 weeks for your business plan […] More
Czech Republic’s Business Residency Program: Quick Guide
The Czech Republic is a business-friendly country, but does not provide residency by investment schemes such as an investor visa or golden visa. However, it does offer an alternative that’s appealing to a variety of Business related resident permits and visas. The Czech’s permits are all temporary, and they’re offered to: Those exercising business activities […] More
Costa Rica’s Residency by Investment Program: Quick Guide
As a common holiday spot, Costa Rica is considered a dream expat location. For others, it’s a place to start a simple yet beautiful life at low cost. The Costa Rican government has capitalized on those desires. It has launched a Golden Visa, aka investor visa, with lenient entry requirements compared to other countries. Those […] More
Chile’s Residency by Investment Program: Quick Guide
Like many countries in the world, Chile offers its own residence by investment programs. It’s beneficial to many wealthy investors, especially those in a hurry for new citizenship. Naturalization can happen after only 5 years of residence in Chile. It offers a great passport that allows access to visa-free locations, such as the US and […] More
Cayman Islands’ Residency by Investment: Quick Guide
Located in the Caribbean, the Cayman Islands are one of the world’s most beautiful vacation spots. The islands are a paradise full of luxurious scenery and clear beaches. It’s a prime spot for many foreigners seeking a warm retirement location. The Cayman Islands are a British Overseas Territory and only an hour and away by […] More
Canada Residence by Investment: Quick Guide
Canada was one of the world’s first countries to launch a residence by investment program. The program started in 1986, and since then, it has managed to attract over 200,000 successful applicants. Historically, Canada’s investor program was divided into two. Those were the Canada Quebec Immigrant Investor Program (QIIP), and the Canada Federal Immigrant Investor […] More
Cambodia Citizenship by Investment: Quick Guide
Cambodian citizenship status offers intriguing advantages, even though it isn’t popular. The economic citizenship program is mainly used by expats living in the country to buy land and other assets. It also allows foreigners easy travel throughout Asian countries. This is one of the lesser-known citizenship by investment programs in the world. It hasn’t been […] More
Bulgarian Residency and Citizenship by Investment: Quick Guide
Started in 2009, the Bulgaria Immigrant Investor Program is one of the most comprehensive in the world. Since then, the program has had a multitude of expansions, and is still in place since its 2019 reassessment. It also offers a quick way to gain nationalization by its participants, especially since it allows entry via a […] More
Belgium’s Residence by Investment Program: Quick Guide
Belgium is an amazing country for long-term residence. It’s a prime choice for many immigrants seeking a diverse culture. Socially, the country is divided into two parts. The northern part is Flemish, while the Southern part speaks French (which is the location of Brussels). However, Belgium doesn’t provide a residency program for investment. Instead, it […] More
Barbados Residence by Investment – Quick Guide
Barbados is a popular Caribbean destination. And like many others, offers residence by investment to international investors seeking to relocate there. However, it’s one of the most expensive programs in the world, only accessible to wealthy individuals who can contribute to the island’s welfare. Called the Special Entry and Reside Permit (SERP), this program requires […] More
Bahamas Residence by Investment – Quick Guide
The Bahamas have a reputation for being a tax-friendly destination. They offer a variety of options for businesses and investors seeking reduced taxes and business paperwork. As a result, this island is now seen as an excellent expatriation spot for investors. And while getting naturalized does take a while (10 years for qualification), going through […] More
Andorra Residence by Investment: Quick Guide
Andorra is a small nation in Europe between France and Spain. Taxation in Andorra is capped at 10% and tax residence can be obtained with only 90 days a year of physical presence. Andorra offers a few residence by investment programs. However, the state of Andorra is small, and as a result, there’s a quota […] More
Why so Many Expats Get a Second Passport in the UAE
Living in the UAE has its benefits. It’s always sunny and warm, the country feels safe, and you pay little tax. But there’s always an nagging problem for every expat: namely, your status in the country is insecure and you could be ordered to leave at any time. Most expats must renew their resident permits […] More
What is the Fastest Way to Gain a European Citizenship
European citizenship is in high demand across the world. EU citizens can live anywhere within the union and often benefit from free healthcare and education. There were 4 quick paths towards EU citizenship until the suspension of the Cyprus Citizenship by Investment program (CBI). MALTA EXCEPTIONAL INVESTOR NATURALISATION (MEIN) Malta is one of the small […] More
The Best Tax-Free Caribbean Islands You can Easily Relocate to
As an American stuck in confinement during winter, I can’t help but wonder how much more bearable life would be if I lived somewhere under the sun, with my toes in the sand. Because of the Covid-19 pandemic, many of us are confined to working from home. Since life is not expected to return to […] More
What are the Freest Countries in the Middle-East ?
Every year, Freedom House publishes the Freedom index, which ranks the access to political rights and civil liberties of people around the world. Last year, Freedom House complimented the Index with an Internet Freedom Index. The citizens that enjoy the most freedom live in Western nations. Finland, Canada, and New Zealand all score close to […] More
What are the Caribbean Citizenships in the Market
The Caribbean is a region of the Americas that comprises the Caribbean Sea, with around 26 jurisdictions. 16 of which form the CARICOM, a union of nations providing freedom of movement and a common trading area to its members. Caribbean islands are one of the best places to visit during the winter. Citizenship Programs in […] More
The Best European Golden Visas in 2021
Every year, Global RCG reviews over 200 investment migration programs from around the world. Not every program out there, but the most significant ones. When it comes to Europe, we review all of them. Every day, we get many messages from global citizens who are looking for an investor visa in Europe. To get one, […] More
How to Get Residence by Investing in The Turks & Caicos Islands
The Turks and Caicos Island are a British Oversea Territory located in the Caribbean. They are a popular tourist destination and renowned for being among the most tax-friendly jurisdictions in the world. Many wealthy Americans, Canadians, and Brits have many the Turks & Caicos their home. The Turks and Caicos Islands offer a Permanent Residence […] More
How to Get Residence by Investing in New Zealand
Did you know that you need a resident visa if you want to live in New Zealand permanently? There are many ways in which you can get a resident visa for living in New Zealand and most of them start with the temporary visa by which you can work or invest and even own a […] More
How to Gain Residence by Investing in Dubai and the UAE
The United Arab Emirates is situated along the Arabian Gulf and it is a Federation of seven Emirates. The most populated city is Dubai and in this article, we are going to discuss how you can get a residence by investing in Dubai and UAE. UAE Investor 5-year visa You can get this by investing […] More
How to Gain Turkish Citizenship
Turkey, officially known as the Republic of Turkey, is an intercontinental country located between southeastern Europe and western Asia. About 70 to 80 percent are ethnic Turks, while the minority are Kurds. Turkey is the 37th largest country in the world. Being famous for its delicious food, exciting cultural heritage, ancient architectural buildings, and monuments […] More
How to Gain Residence by Investing in Ireland
Are you wondering about how to get residence by investment in Ireland? The Ireland immigrant investor program was established in 2012. Through this program, families from outside of the European Union were able to obtain residency in Ireland by making investments in the economy. It is important to note that permanent residence is not offered […] More
How to Gain Residence by Investing in France
Passport Talent is one of the French residence permits, which can be availed through a simplified visa process through the French Tech Visa program. According to the terms of the program, start-up workers, startup company owners and investors who contribute to the tech growth of France can apply for a French Tech Visa and residence […] More
The Best Path to Immigrate to Canada: The Immigrant Entrepreneur Programs
Canada is one of the most sought-after countries to immigrate to. Every year, the country accepts over 350,000 new permanent residents. Canada’s core value is tolerance and acceptance of others, and an annual Gallup survey ranks Canada as the most tolerant country toward immigrants. This is due to its long history of open immigration, a thriving […] More
