The Spanish prime minister Pedro Sanchez has announced Spain will withdraw the Golden Visa scheme that has granted residency for individuals and families investing a minimum of €500,000 into Spanish real estate. The visa allowed residency for three years, with the possibility to extend. The rationale behind the decision is that the scheme has distorted […]
Northern Cyprus has become an ex-pat haven with many different nationalities choosing to settle here permanently. This has been driven partly by an attractive income tax regime. For example, digital nomads pay no income tax on foreign sourced income making it the most attractive regime in the Mediterranean, if not the World! For retirees becoming […]
The following is a brief summary of the inbound workers incentives available for new Italian residents. Please note that this article deals with tax and not immigration matters – you must of course satisfy any residency requirements before moving to Italy. These are complicated matters and professional advice is required in order to take account […]
What insurance is required for the Visa or Residency application in Spain? Based on the Organic Law 4/2000 ( by Royal Decree 557/2011) and the Law 14/2013 ( September 2013), the Spanish embassies and Ministry of Foreign Affairs requires that, to apply for one of the followings: Student Visa Investment Visa (Golden Visa) Non-lucrative Visa […]
Golden Visa Residency Scheme in Greece Act now as the minimum property investment is to increase from €250,000 to €500,000! The areas of Greece affected are likely to include Athens North & South also the islands of Mykonos, Paros and Santorini. Greece offers one of the lowest cost residency programmes in Europe, with a minimum […]
Montenegro is one of Europe’s most beautiful countries. The cost of living is one of the lowest in Europe and it also has fantastically low taxation, (flat 9% on most types of income). Montenegro is very appealing to a wide range of people and could tick all your boxes. With the government’s decision to extend […]
Malta already welcomes digital nomads from within the EU. Individuals that can work remotely can live and work in Malta whilst still being employed in another country. The attractive lifestyle and reasonable cost of living makes this an attractive option and there is an established community of entrepreneurial expatriates. The Nomad Residence Permit is aimed […]
A little known scheme exists in Italy that came about in the 2019 budget. For individuals and families looking to move to Italy it is possible to pay the very favourable rate of 7% pa flat on pension income for the first 10 years of residency. This scheme is part of the Italian government’s drive […]
Portugal Non-Habitual Resident Investor’s Tax Regime Legislation passed back in 2010 created a tax system more attractive and competitive than other similar schemes implemented in other European jurisdictions. Portugal’s Non-Habitual Residency (NHR) scheme offers new residents extremely favourable tax benefits for the first 10 years of residency in the country. To qualify you need to […]
Not everybody has the financial means or desire to invest substantial amounts in real estate or other assets to gain residency in Portugal under the Portugal Golden Visa scheme. However, there is an alternative solution, albeit little known, that enables individuals and families to retire or settle in Portugal. If you plan to spend at […]
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