Do you want to emigrate and find freedom (from taxes) abroad?

At Tax Free Today, we help you increase your freedom and find the most ideal destination for you in the world.

The following descriptions are highly simplified. Tax Free Today recommends booking a personal consultation or at least using our data verification service before you decide to emigrate and change your residence.

Residence-based taxation

Your global income is taxed and you have to pay social security in the country. As long as there are no international tax laws, you can establish and manage companies abroad with no complications. If these laws do exist, you may have to bear certain requirements in mind, such as opening subsidiaries and local offices that justify the existence of your foreign company.

Lithuania

15% fixed tax rate

Estonia

20% fixed tax rate

Bulgaria

10% fixed tax rate

Montenegro

9% to 13% tax rate

Slovakia

19% fixed tax rate

Croatia

19% tax on dividends

Andorra

10% fixed tax rate

Isle of Man

20% fixed tax rate with a limit of €100k

Russia

13% fixed tax rate

Chile

You can have 4 years tax of exemption on foreign income

Switzerland

Flat tax, depending on the local council

Uruguay

You can have 5 years of tax exemption on foreign income

Characteristics:

  • for people with either large or limited income
  • also suitable for salaried work (employees)
  • simple and quick to organise

The non-dom system

There is no tax on foreign income, as long as it is not introduced into the country. Income used in the country in subject to progressive taxation. Contributions to social security are paid on any domestic or foreign income introduced. You must introduce (and pay taxes on) a minimum monthly sum of money to cover living costs.

United Kingdom

Residence is easy to obtain for EU citizens

Ireland

Residence is easy to obtain for EU citizens

Malta

Residence is easy to obtain for EU citizens

Thailand

Stays permitted through the Thai Elite Visa

Mauritius

All kinds of categories

Trinidad and Tobago

Permanent residence in the Caribbean

Characteristics:

  • perfect for internet entrepreneurs
  • not advisable for professional traders (due to taxation of domestic income)
  • accurate taxation can become complicated

Special tax schemes

Special schemes and programmes for foreigners. Often with a time limit, or only available to certain professions and activities. Generally, these schemes offer the chance to apply territorial taxation or a fixed rate of local taxes.

Portugal (NHR)

Tax-free with the Non-Habitual Residence scheme – avoid taxation from other States

Cyprus

Tax-free inside the European Union and no minimum stay

Spain

Special tax regime for new arrivals from abroad

Belize

Territorial taxation for residents over 35

Dominican Republic

For retirees

Ecuador

All kinds of schemes for different categories

Characteristics:

  • perfect for retirees
  • especially suited to passive income
  • often includes tax exemption for investment and trading

Territorial taxation

Income earned in other countries is tax-free, even when introduced into the country. Only domestic income is taxed. Often involves a minimum tax-exempt allowance. No contributions to social security on income earned abroad.

Philippines

Special visa for resident retirees (SRRV Smile Classic)

Malaysia

€100,000 investment necessary to obtain the MM2H visa

Taiwan

Plus Blossom APRC programme (visa for foreigners)

Nicaragua

Visa for permanent residence with a €30k investment

Panama

Residence visa for partner countries

Costa Rica

Annual investment of €60k for two years

Georgia

Minimum 183-day stay with no additional requirements

Paraguay

Bank deposit of just €5k

Namibia

Introduction of €88k over three years

Characteristics:

  • ideal for internet entrepreneurs
  • perfect for investors and traders
  • also suitable for people with limited income

Countries without direct taxes

Neither taxes nor social security are paid. Living costs are generally quite high. These States finance themselves through indirect taxes and tariffs.

United Arab Emirates

Residence with a company in the free trade zone. Company costs: €12k

Monaco

Expensive housing and minimum stay for EU citizens

Bahamas

Residence with purchase of a house

Characteristics:

  • perfect for business owners with physical companies
  • only suitable for people with high income

IMPORTANT: the residence transfer service is carried out through licensed partner agencies. Tax Free Today only acts as a middleman and is not responsible for the process. It therefore carries no type of guarantee on our part.