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News and business opportunities

High Net Worth Individuals (HNW) immigration soars 16% in 2017

High Net Worth Individuals (HNW) immigration soars 16% in 2017

LOW TAX NEWS – According to research from South African consultancy New World Wealth, the number of “high net worth individuals” (HNWIs) changing their country of residence soared by 16 per cent last year, to some 95,000. An HNWI is defined as someone who has at least US$1 million in assets, not including their primary…

UAE introduced VAT – What does it mean for your business in Dubai?

UAE introduced VAT – What does it mean for your business in Dubai?

DUBAI, UAE – On January 1, 2018, value-added tax (VAT) came into effect for the first time in the UAE. Naturally, small businesses are concerned about the financial and operational impacts of VAT compliance, especially since they’re used to operating in a low-tax business environment. While there will be implications for systems, infrastructure, skills and…

Georgia – Tax (Free) Residency

Georgia – Tax (Free) Residency

We all want to (legally, of course) finds ways to pay less in taxes each year. For many of us, that means establishing our homes and/or businesses in low-tax countries. The good news is that most countries with low-tax systems are actively trying to attract wealthy individuals and the business expertise that they bring. The money…

Telegram about to launch $500 MILLION ICO for chat cryptocurrency

Telegram about to launch $500 MILLION ICO for chat cryptocurrency

Business opportunities – Telegram ICO According to the Techcrunch.com; Encrypted messaging startup Telegram plans to launch its own blockchain platform and native cryptocurrency, powering payments on its chat app and beyond. According to multiple sources which have spoken to TechCrunch, the “Telegram Open Network” (TON) will be a new, ‘third generation’ blockchain with superior capabilities, after…

Bulgaria – Low Tax Residency

Bulgaria – Low Tax Residency

Bulgaria boasts the lowest corporate and personal income tax rates among all European Union member states. The corporate tax is fixed at 10% flat rate. The personal income tax is only 10 % regardless of the amount one earns. The health and pension contributions are the lowest within the whole European Union. Bulgaria has Double Taxation…

Hurricane Bargain – St. Kitts & Nevis Citizenship -50%

Hurricane Bargain – St. Kitts & Nevis Citizenship -50%

Hurricane Relief Fund Program (HRF) of St Kitts & Nevis is ending soon, this 31st of March 2018 Applicants willing to apply, and benefit of the reduced contribution amount for a family of four as shown below, should submit their application within the next two months. Applicants do not need to visit St Kitts &…

Free-Trade Zones in Dubai

Free-Trade Zones in Dubai

Free-Trade zones in Dubai, UAE Free-trade zones in the United Arab Emirates are areas that have a special tax, customs and imports regime and are governed by their own framework of regulations (with the exception of UAE criminal law). The UAE has several free zones across Dubai, Abu Dhabi, Sharjah, Fujairah, Ajman, Ras al Khaimah…

EU unveiled its first-ever blacklist of tax havens

EU unveiled its first-ever blacklist of tax havens

Tax haven blacklist crosses continents, oceans and languages including U.K. territories and dependencies, Panama, South Korea, Mongolia and the United Arab Emirates. The list, which was issued in Brussels after ratification by the E.U.’s finance ministers, was prepared by European Council’s Code of Conduct Group, a body formed by tax experts drawn from every E.U. country…

Investing Opportunities – a King David Skyscraper

Investing Opportunities – a King David Skyscraper

King David is a hotel-type residential compound and the first skyscraper in Tbilisi offering a luxury five-star lifestyle. The complex designed by Georgian and German architects is a unique space for successful business people; this is a place where the perfect conditions for business, entertainment and relaxation are created. The King David project includes a…

Business Opportunities – Unjustified geo-blocking will end across the EU

Business Opportunities – Unjustified geo-blocking will end across the EU

MEPs beefed up rules to ensure that buyers of goods or services from another EU country are treated like local customers in a committee vote on Tuesday 21st November 2017. The draft law defines specific situations in which geo-blocking will not be allowed. This means that online sellers will not be able to discriminate against…

A British company plans to increase the volume of investment in Georgia

A British company plans to increase the volume of investment in Georgia

According to the Caucasian business week Schroders Investment Management, a large British company, plans to increase the volume of investment in Georgia – the company managers discussed potential investments with Prime Minister of Georgia, Giorgi Kvirikashvili at the meeting. The Prime Minister noted that in 2017, 36% growth in infrastructural projects was declared while in…

5 Reasons for investing in Sweden

5 Reasons for investing in Sweden

Sweden is home to the Nobel Prize, annually awarding some of the sharpest brains in the world within the fields of chemistry, physics and medicine. This is no coincidence. With a long tradition of innovation, Sweden has always rated science and technology highly. Sweden is one of the top countries in the world in terms…

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