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Originally Posted by Kristian
I understand ... in think. I could incorporate in Jersey, for instance, and become resident of Malta or Cyprus and pay local income tax only on money brought into the coutry (malta or cyprus). Malta, I know, does not tax on money brought in for investment, only on the income generated by the investment). Cyprus actually seems a little harder to get into than Malta (but I am probably just not understanding everything). As far as I can tell, I'd need to officially retire to Cyprus, and receive money from my limited company based, for instance, in Jersey.
However!! ... where I get more confused is am I allowed to work online as a retiree in Cyprus, earning money for that limited company based in Jersey.
I have brain ache.  |
You got it!!
Basically the vital bit is to "cut off" from your home country. Mixing "home country" and "foreign residency" can be a messy problem.
But... If Soul is still around, he may have better clues on what Cyprus has to offer. I smell he knows some useful stuff as regards "retiring" there - and possibly having your main corp there
