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Originally Posted by Kristian
Thanks, dude, I will take a look! I was advised about Malta due to their uncommonly low tax rates. However, I'm not getting any straight immigration answers, and I'd ideally like to move within about 3 months.
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Mmmmm... this is a "playground" Kristian - a place to stay - only. Not a place to run a biz in any conventional sense.
OK.. taxation is a flat rate of 15%.
The basic requirements for permanent residency are
(a) An income of $30K or more per year or alternatively be able to show holdings/bank assets etc to the value of $450K.
(b) Within 12 months of the granting of residency - you need to either buy a home with a min value of $150K or an apartment of a value of $90K or over. OR.. You can rent a property for a min of $5400/per annum.
(c) There is a need to pull in around $18K/year for the principal "resident" and an extra $3K for each additional dependent.
Now.. watch this one... there are definately problems being employed within Malta - and there "may" be problems engaging in a business there.
There is also double taxation agreements in place with the UK - as well as serveral other nations.