Is there an exit tax in the UK? How to avoid?
In case you leave the UK and, during your stay abroad, generate certain income or gains, you may be obliged to pay taxes on this income or gains if the following two conditions are cumulatively ...
The Canadian Exit Tax!
If you would like to terminate your Canadian tax residence, you will need to cumulatively meet two conditions, namely, (i) leaving Canada in order to live in another country and (ii) severing your residential ties ...
How to stay long-term in Thailand, Indonesia, Malaysia, and Vietnam
South East Asia for online entrepreneurs For about a decade, Southeast Asia has been the top spot for digital nomads and online entrepreneurs. This is where stuff is happening; with booming economies, lots of start-ups ...
Taxation of cryptocurrencies in Slovenia? A tax haven or not?
Due to the ever raising prices of Bitcoin, many people became interested in investing in cryptocurrencies. For example, those who purchased Bitcoin in May 2020 at the then-market prices of less than USD 10,000 per ...
Internet speeds in digital nomad hotspots
Several countries are trying hard to attract digital nomads. With their tourism industries hit hard, traveling professionals offer a glimmer of hope in a pandemic that seems to drag on forever. But while their tourism ...
Wealth tax! A disgrace, don’t let yourself be coerced!
We are not going to court the COVID 19 madness here but what was to be expected is now becoming a reality. Someone has to pay for the government's handout policy. History will show that ...
Why is Bitcoin often referred to as gold 2.0?
As we see that Bitcoin keeps breaking previous all-time highs, it is a good time to take a look at what keeps pushing these big price movements. The first big difference we see in comparison ...
What is FIRE anyway? Maybe something for you?
FIRE is in fact an acronym for two terms: ‘Financial Independence’ combined with ‘Retire Early’. It is clear that this philosophy was not invented by Internet entrepreneurs. It is based on the assumption that earning ...
Sweden and the annoying exit tax!
Sweden has adopted the so-called “10-year rule” which is a form of exit tax. According to this rule, individuals who have been Swedish residents continue to be subject to a tax liability on capital gains ...
Biden eyes tax increase: time to leave the US?
One by one, countries in the Western world are unfolding their post-Covid recovery plans, and they don’t look pretty. In most cases, corporations and high-earning individuals are expected to pick up the bill for reckless ...
Your money isn’t safe in Canada, either
The coronavirus pandemic is wreaking havoc on the worldwide economy. Countries are scrambling for funds and often look to their wealthiest residents for a way out of the financial mess. Specifically, a wealth tax is ...
Which is the best country to launch an ICO?
In the last five years, there has been a steady increase in the number of successfully launched initial coin offerings (ICOs). The term “initial coin offering” refers a process of distributing future functional units of ...
No Dubai by the North Sea!
When the Brexit negotiations were still in full swing, the British threatened to turn the UK into some kind of Singapore or Dubai by the North Sea. In other words: a tax haven on the ...
How one Australian expat’s court victory can help you chase tax hounds away
As a nomadic entrepreneur, you don’t want to pay unnecessary taxes. That’s why you take precautions when leaving your home country: you terminate your residence, make sure to not spend more than six months in ...
How to reduce the tax burden on IP assets
Introduction Intellectual property (IP) can be a great source of passive income, i.e., income that does not require daily effort to maintain. However, such income attracts not only entrepreneurs but also tax authorities. Most countries ...
Female friendly destinations for a digital nomad!
As a girl boss, you are independent and fearless. But that does not mean that you are reckless. When you choose a destination, you will therefore think about your safety. But where are women respected? ...
Brexit is a fact – set up your company in Bulgaria!
Brexit is less than a month old and yet all kinds of practical problems are bursting onto the scene. The solution for you as a British company? Incorporate in the European Union (EU). Why would ...
How do you shake off the tax authorities?
In most countries, the procedure is the same, but as said, there are sometimes exceptions, unfortunately... A trip to the town hall. In most countries you have to unsubscribe (online or not) at the town ...