• IN568 Portuguese Golden Visa - Investment Route And The Non-Habitual Residents Regime

    IN568 Portuguese Golden Visa - Investment Route And The Non-Habitual Residents Regime Background Portugal is being re-discovered as a destination to relocate to, with iconic cities such as Lisbon and Porto, and stunning coastal areas, for example, the Algarve. It also offers very easy access to the rest of Europe. Portugal is increasingly recognised as an international hub with 71 Double Taxation Agreements and 49 Investment Protection Treaties. The Golden Visa The Portuguese Golden Visa is a very popular visa programme with almost 7,000 visas having been granted to main applicants since … more

  • IN567 Moving To Italy - The Resident Non-Domiciled Tax Regime

    IN567 Moving To Italy - The Resident Non-Domiciled Tax Regime Background During 2017 the Italian Government introduced a new tax regime: The Resident Non-Domiciled Tax Regime (also known as the "Flat Tax Regime"), with the aim of attracting high net worth individuals who want to relocate to Italy.  The new legislation introduced a key change to the general principle of worldwide taxation for Italian tax residents. According to these provisions an individual who meets certain conditions can be considered resident, but non-domiciled, in Italy. This allows them to pay  … more

  • IN563 The Option of A Second Passport - St Kitts & Nevis Citizenship by Investment

    IN563 The Option of A Second Passport - St Kitts & Nevis Citizenship by Investment Individuals and families are becoming increasingly mobile and the ability to hold a second passport is becoming more relevant. The Caribbean is an attractive destination for a number of reasons, including the relaxing lifestyle, beautiful scenery and the climate. There are also opportunities to hold a second passport, even if the immediate intention is not to relocate to the Caribbean. Why do Families and Individuals Require a Second Passport? There are a variety of reasons why wealthy individuals wish … more

  • IN566 Significant Tax Advantages Available To Individuals Moving To Guernsey

    Background Guernsey is one of the Channel Islands and is situated in the English Channel, close to the French coast of Normandy. Whilst retaining very close links to Britain, Guernsey is independent from the UK and has its own democratically elected parliament which controls the island's laws, budget and levels of taxation. What Tax Advantages are Available to Individuals Moving to Guernsey? Capped Rate of Income Tax Guernsey residents pay 20% income tax on Guernsey source income (above a tax-free allowance of £11,000). Individuals can cap the liability on non-Guernsey source … more

  • IN560 UK 'Representative Of An Overseas Business Visa' Key Advantages And General Requirements

    IN560 UK 'Representative Of An Overseas Business Visa' Key Advantages And General Requirements Background As detailed in a number of previous Information Notes, there are several different UK visa options available to non-EEA nationals, to come to the UK to live and work. What is a ‘Representative of an Overseas Business Visa’? The “Sole Rep Visa” as it is informally known, is a route designed for senior employees who are non-EEA nationals, enabling them to move to the UK and establish the first UK presence for a overseas business. It is an option for senior and … more

  • IN555 Immigration and Brexit

    UK Immigration and Brexit: Changes Galore (or not…)!   As 29 March 2019 looms near, we are not much clearer whether we will have a soft or hard Brexit, or even if there will be a deal. There might even be a possibility that Brexit could be cancelled. In relation to non-EEA citizens, the UK immigration system will not generally be affected by Brexit, though changes in the near future are inevitable. The current UK Points-Based System was first implemented in 2008. A decade later, the UK Immigration Rules have more than doubled in length. Of significant interest are the changes … more

  • IN555 Immigration and Brexit

    Иммиграция и Брексит: Множество изменений (или нет ...)! По мере приближения 29 марта 2019 года не стало намного понятнее, будем ли мы иметь мягкий или жесткий Брексит, или даже будет ли сделка. Есть даже вероятность того, что Брексит может быть отменен. По отношению к гражданам стран, не входящих в ЕЭП, британская иммиграционная система, как правило, не будет затронута Брексит, хотя изменения в ближайшем будущем неизбежны. Текущая британская система на основе баллов была впервые реализована в 2008 году. Десять лет спустя британские иммиграционные правила увеличились более чем в два раза. Б … more

  • IN550 Visas Available To Non European Economic (EEA) Individuals Allowing Them To Work In The UK

    IN550 - Visas Available to Non European Economic Area (EEA) Individuals Allowing Them to Work in the UK Background There are a number of visas, enabling non-EU individuals to live and work in the UK, that are less well known than the Tier 1 (Entrepreneur) Visa and Tier 2 (General) Visa.   This article considers these options, which include: ‘Representative of an Overseas Business Visa’, ‘Tier 2 Sponsor Licence’, ‘Van der Elst Visa’ and ‘Short-Term Business Trips’. A number of these visas can lead to Indefinite Leave to Remain in … more

  • IN551 UK Tax Considerations For Short Term Business Visitors To The UK And For Non-UK Resident Directors Of UK Companies

    IN551 - UK Tax Considerations For Short Term Business Visitors to the UK and For Non-UK Resident Directors of UK Companies Background When individuals not resident in the UK are short term business visitors to the UK and/or are directors of UK companies, the individual’s UK tax position needs to be considered carefully. UK tax may be due, but there are a number of options that might reduce or negate the UK tax payable. Short Term Business Visitors Short-term business visitors are individuals who are not resident in the UK but undertake visits to the UK on business, to work for a UK … more

  • Malta 2 - Malta - Fireworks and Festas

    Malta - Fireworks and Festas   Malta has more to offer than just  sun, sand and sea. There are a lot of traditional festas and fireworks, which attract tourists from all over the world. A Maltese ‘festa’ is a religious celebration organised by each local parish to celebrate their respective patron saint. It is a typical scene in the hot summer months on the island, and very much an iconic part of the culture in Malta. The majority of festas are held between the months of May and September. A burst of colour, music and bright fireworks illuminate the Maltese … more