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You won't have to pay tax in your home country. Unless you spend a significant about of time there to be considered a tax resident
by cashmonkey85 10y ago
You won't have to pay tax in your home country. Unless you spend a significant about of time there to be considered a tax resident
- JshWright 10y agoDoesn't that depend on the tax laws of their home country?
- fooster 10y agoIt certainly does! In Canada, for example, you have to be a resident _somewhere_. So you cannot just move around from country to country on tourist visas (which obviously do not permit you to declare residency) and claim to the Canadian Tax authorities that you are a non-resident and avoid paying all taxes.
- gavinward 10y agoIndeed. In Europe Monaco is a popular place for very rich people to (pretend to) live due to the lack of income tax. You are restricted in how long you can spend in other countries before being deemed to be domiciled there for tax purposes. In Ireland and I think the UK also, it's 183 days a year. And they do occasionally check, if you're rich enough.