More Countries Reject Authoritarian Global Health Treaty
Slovakia is the latest country to reject the Global Pandemic Treaty being promoted by the WHO. The international health organization hopes to have its 194 members agree to update the international health regulations in May 2024.
The treaty would allow the WHO to control the pandemic response policies of member states. This would include mandating vaccines and prohibiting some medical treatments.
Fortunately, more countries are beginning to oppose the authoritarian proposals. It has been rejected by Estonia, New Zealand, and Slovakia. More countries are likely to follow.
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Get Fast Residency and Low Taxes in This EU Country Using This Failproof Strategy
The former Soviet Block countries, who are now members of the EU tend to have more freedom and be more distrusting of government than those in the West.
This means that they have lower taxes too. Bulgaria has low income and corporate tax rates. It's easy for anyone to get residency. Although it's not currently part of the Schengen travel zone, this is likely to change in the future.
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Copy 6 Simple Strategies Used by Wealthy Families to Avoid Tax
There are a multitude of complex tax avoidance strategies. But sometimes, simple strategies are best.
Follow the examples of Bill Gates, Warren Buffet, and Elon Musk to save on your taxes. It's our duty to legally pay as little in taxes as possible. Many people are paying too much to the government every year.
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How to Get Residency and Citizenship in Argentina as First Anarcho Capitalist President Elected
Argentina was once the world's richest country. If newly elected libertarian President Javier Milei gets his way, Argentina will again become one of the most prosperous nations in the world.
He intends to cut government spending and slash regulations. If he gets it right Argentina could be the place to be in the next decade.
Fortunately, it's easy to move there and you can get citizenship fast too. At just 2 years to get citizenship, Argentina is one of the fastest places in the world you can get a new passport.
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Failure to Renounce US Citizenship Cost This Taxpayer $500M
The US is unique in that it's the only country that taxes citizens who don't live in the country. They're also active in pursuing citizens and former citizens who live overseas.
Unfortunately, some people wait until it's too late to renounce. Anyone who plans to generate substantial wealth and doesn't have strong ties to the US should renounce years before the money is generated.
Liberty Mundo helps high-net-worth clients reduce their taxes, protect their assets, and obtain multiple citizenships. Visit www.libertymundocom to find out more.
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Avoid These Sinister Rules That Turn Trusted Advisors into State Spies
Every Western government has created armies of spies to gather information on the public. These laws were introduced to combat money laundering and drug dealing, but now they're used more against victimless crimes like tax evasion.
Every banker, lawyer, accountant, and a host of other professions will report you to the government if they suspect you of tax evasion or anything else. They will err on the side of caution as they face severe consequences for failing to report suspicions.
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Use This Exact Structure to Make it Impossible to Seize Your Property
Roman Abramovich, like all of the ultra wealthy uses Trusts to protect his assets. Just before Russia invaded Ukraine he made changes to his Trust to ensure that he wasn't able to control it.
Thsi move prevented his London home,worth $150m being seized under the UK sanctions regime.
Even although most of us will never be subject to such sanctions, it's worth understanding how to protect our valuable assets from being arbitrarily taken from us.
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Do This to Avoid having Your Bank Accounts Frozen and Seized
Anyone with wealth is a target for a range of predators. This includes governments, ex-spouses, and lawyers. As economies decline, governments are looking for new sources of revenue.
Any bank accounts and other assets in your home country are at risk of seizure.
You should seek to diversify your assets internationally and minimize the assets held in your home country. This guarantees that you'll always have a nest egg somewhere safe.
Bullet Proof Asset protection is a complete plan to safeguard your wealth and make it untouchable. Follow the link below for more details.
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Travel Like a Ghost and Make Sure Your Overseas Assets Stay Private
Privacy is rapidly disappearing in The West. We are watched 24/7 in big cities, and our financial accounts are constantly monitored. So, how can we travel in private?
If you have bank accounts and other assets overseas, you may not want your government and other potential adversaries to know about them. It's necessary to take additional steps to travel like a ghost.
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The EU Wants a New Global Wealth Tax - Here's Why It Will Fail
The European Union and other organizations, such as the OECD, love finding new ways to tax people. They hate it when people find ways to avoid taxes.
In a recent report, an EU body claims that billionaires pay an average tax rate of only 0.6%. To counter this, they want a global tax deal for wealthy individuals, similar to the recent agreement on minimum corporate taxes. They propose charging a 2% wealth tax on the world's richest 3,000 people.
Much like the global minimum corporate tax, CRS, and FATCA, it will be impossible to enforce and may never get off the ground.
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How to Get the Easiest and Fastest BRICS Passport
The BRICS nations are forming new alliances and a non-dollar-based monetary system. It may signal the future direction of the world as it moves further away from the EU and the US.
Having a foot in each camp may be a good strategy. But which is the best BRICS passport to get?
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Use These Strategies to Move to Greece and Pay Singe Digit Taxes
Now that Portugal has closed its Non Habitual Residence low-tax scheme, Greece may be one of the best European options.
Greece offers a low tax rate for pensions and dividend income and a fixed lump sum tax for high earners. Greece also has a Golden Visa and possible citizenship after 7 years of residency.
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Why This Popular Jurisdiction is a Bad Choice for Incorporation
The BVI is the most popular jurisdiction in the world for incorporation an offshore company.
This is because it offers zero taxes, easy incorporation, and English common law. However, that's where the good points end. The BVI has joined the trend towards global transparency and offers no secrecy or legal protections for companies incorporated there.
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Use This Method to Get an Instant Central American Passport
The PanamaTravel passport is one of the best-kept secrets in the offshore world. The Panama travel passport has all the travel benefits of a Panamanian passport, but it does not grant you citizenship of Panama.
The Panama travel passport is issued based on a bank deposit. If the bank deposit is withdrawn, the passport is canceled.
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Paraguay Offers Tax Free Residency, Fast Citizenship and a Safe Haven from War
Paraguay can tick several boxes for many global citizens.
Being in the Southern Hemisphere, it's well away from the increasingly dangerous global conflicts. Paraguay does not tax overseas income, and you'll pretty much be left alone by the state.
In addition, as a resident of Paraguay, you will be able to open financial accounts around the world using your Paraguay residency and avoid CRS reporting, irrespective of your citizenship.
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Follow These Steps tp Claim Irish Citizenship by Descent and Get an Irish Passport
Millions of people around the world are entitled to Irish citizenship. The Irish passport is a valuable travel document and is unique in that it allows citizens to live and work in the EU and in the UK.
If you have an Irish ancestor, you may be able to claim your Irish citizenship. The process is well-established and easy to follow. You must apply to enter your birth on the foreign birth register in Ireland. If accepted, you can apply for an Irish passport.
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Use This Strategy to Easily Avoid CRS Reporting
CRS and FATCA are Orwellian schemes to abolish financial privacy. Governments want to have total control of your finances and spy on every move you make.
It's important to find solutions for those who still value financial privacy. Most banks will allow self-reporting of tax residency. As it's easy to move your tax residency, it shouldn't be too difficult to put a spanner in the works of the CRS system.
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Use These Unbeatable Strategies to Book Tax Free Profits in a Hong Kong Company
The advantage of a Hong Kong company over a more obvious offshore jurisdiction like Belize or Nevis is that Hong Kong is a real trading hub. It's also not on many offshore blacklists.
It's much easier to justify substantial trading through a Hong Kong company. Trading with counterparties such as banks and brokerages will also be easier.
Hong Kong does not tax foreign earnings of companies in the territory. Therefore, any profits made outside Hong Kong can be accrued tax-free.
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Blow for Expats in Thailand as Government Ends Major Tax Break
Expats in Thailand have long benefitted from the country's territorial tax system. The country was promoted as a tax haven, and new residents charged tens of thousands of dollars in fees for residency with the Thai Elite Visa scheme.
Unfortunately, all good things come to an end. The Thai government has announced that income from all sources will be taxed starting from January 2024.
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9 Common Errors You Must Avoid When Forming an Offshore Company
Taking advantage of tax havens without moving to one by using offshore companies and trusts is possible. But the world of offshore companies is full of pitfalls.
It's worth spending time to carefully plan your offshore structure before diving in. It's important to know what assets it's going to own and where it's going to bank.
You mustn't get caught out by CFC rules in your country. CFC rules seek to tax all income of offshore companies as personal income.
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This Gulf State Has No Income Tax, No Property Tax and No Extradition
Most people considering relocating to the Gulf think of The UAE and the glamorous city of Dubai. Neighboring Qatar is often overlooked. However, Qatar has much to offer too. It's one of the few countries in the world that has no property tax.
If you can afford to buy a property in Qatar, residency is easy, even permanent residency is possible by spending over $1m.
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Live Tax Free in One of These Surprising European Countries in 2024
Some of the best tax havens are the most surprising. The UK and Ireland are on the face of it high tax countries. However, anyone who's not British or Irish can easily use them as tax havens due to the remittance basis of taxation.
The truth is that almost any country can be your personal tax haven with the right planning.
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This is Why the New UAE Corporate Tax Will Not Impact Most Entrepreneurs and Investors
The UAE introduced a corporate tax for the first time in June this year. It's pegged at a low rate of 9%. There are many exemptions.
The main exemptions to the UAE corporate tax are that it's not imposed on earnings outside the UAE, which continues to be tax-free.
Income inside the UAE can be paid out in salaries and legitimate payments to UAE residents. There's no personal income tax in the UAE, and payments to residents working in the business are a legitimate deduction.
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50 Residents of Portugal Saved €8.6M Each Using NHR Tax Break
Portugal recently announced the end of the NHR tax break. But many were surprised to discover just how much some residents were saving by taking advantage of teh scheme.
For anyone with global mibility taxes are optional. Anyone still living in increasingly authoritarian countries should be looking for alternatives.
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