Wed, Jul 1, 2015
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. Opalesque Exclusive: New systematic strategy managed alongside research firm outperforms S&P500[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: An emerging CTA manager explains how he runs his strategy, which is based on an index produced by a research firm. Peter Turk is head of

  2. Larry Robbins' hedge fund Glenview buys 1m Tenet Healthcare shares[more]

    Komfie Manalo, Opalesque Asia: Glenview Capital Management said it bought an additional 979,482 shares at Tenet Healthcare Corp valued at $53.80 million, raising its stakes in the healthcare services company to 15.16%, reported

  3. Hedge funds panic over Greece[more]

    Komfie Manalo, Opalesque Asia: Some investors are in panic mode as Greek Prime Minister Alexis Tsipras announced Sunday night that the banks and the stock market would be closed Monday, said

  4. Alternative investment industry could grow to $13.6tln in five years[more]

    Komfie Manalo, Opalesque Asia: Leading auditing and advisory group PwC said that the global alternative investment industry, which includes hedge funds, private equity and real assets, is set to increase to $13.6tln within the next five years. "Be

  5. Qbasis gets $200m-plus investment in 'black swan' hedge fund[more]

    From Reuters.com: A hedge fund that more than doubled clients' money during the 2008 financial crisis has attracted more than $200 million from an investor aiming to cash in on fresh ructions in global markets. Qbasis Invest has secured the investment from Britain's Omada Capital, Florian Wagner, wh

 

banner