Thu, May 26, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Around the world’s tax-havens in two minutes

Thursday, July 31, 2014

Benedicte Gravrand, Opalesque Geneva:

Bradley Hackford, a London-based relocation firm, ranked the ten countries "where it is interesting to establish a physical and tax residence" in a recent report.

The ranking’s criteria are: taxes for individuals; quality of life; legal and physical security; economic investment program; geographical location and accessibility.

The first country on the list is the Bahamas, an island country in the Atlantic Ocean, North of Cuba and close to the U.S. It offers a personal income tax rate of 0%, "excellent" quality of life and political stability. You must buy real estate to gain residence.

The second is Andorra, a small mountainous principality situated between France and Spain. the personal income tax rate of 0 to 10% attracts French and Spanish border residents as well as Russians. To gain residence, you must invest €350,000 in the country and make a deposit of €50,000. From what I heard, it is not easy to access though.

The third country is another European principality, Monaco, with its accompanying sun and sea lifestyle. The 0% personal tax attracts Italians, Russians and Swiss among others. You must show "significant wealth" to obtain residence.

The fourth destination is Bulgaria, a Southeastern European country that joined the European Union i......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Paul Tudor’s hedge fund trims fee amidst poor performance, keep investors[more]

    Komfie Manalo, Opalesque Asia: Paul Tudor’s $11.6bn hedge fund firm Tudor Investment Corp. announced on Monday it would slash down fees of one of its biggest fund to 2.25% of assets and 25% of profits amidst backlash arising from poor performa

  2. Ares Capital to buy American Capital in $3.4 billion deal[more]

    From PIOnline.com: Ares Management's business development company Ares Capital Corp. is buying troubled BDC American Capital for $3.43 billion, said a joint news release by the BDCs and another release by Ares Management. Ares Capital Corp.'s assets are expected to grow to about $13.2 billion when t

  3. Performance - Hedge fund ETFs take a battering, Have long-short credit funds delivered?[more]

    Hedge fund ETFs take a battering From ETFStrategy.co.uk: It was a blow for the hedge fund world when Hillary Clinton’s son-in-law Marc Mezvinsky announced he would be closing his Greek-focused fund after it plummeted in value by 90%, just two years after it launched. For passive investor

  4. West Virginia objects to Alpha Natural sale to hedge fund[more]

    From AP/Heraldcourier.com: West Virginia's environmental authority has filed an objection to the proposed $500 million sale of Alpha Natural Resources' assets to a hedge fund, arguing that the deal could leave the state holding hundreds of millions in reclamation liabilities. The Register-Hera

  5. Launches - Man Group and American Beacon launch new emerging debt fund, Nikko AM launches new Japan equity UCITS fund[more]

    Man Group and American Beacon launch new emerging debt fund American Beacon Advisors, an experienced provider of investment advisory services to institutional and retail markets, launched the American Beacon GLG Total Return Fund today. The Fund became effective May 20. The America