3 ms·

> "You only need to be resident on paper, never physically set a foot there." Not true for Switzerland: You have to be 6 months per year here to officially / t

• saiya-jin 8y ago
  You're right, I've listed various European tax havens and made a blank statement which is true only for some of those. I don't claim to know intricate details of each of those, but even as an relative outsider these things are not exactly top secret. It was and most probably still is true for Monaco for example. If you come as an outsider to Suisse, private banks/tax companies will either refer you to their branch in place where this applies to you, or if your net worth is high enough (can't remember exact threshold but it should be in 5 mil CHF ballpark and above), you can literally buy citizenship and you're covered (ideally in Zug/Luzern as one can witness in local property market there but it always depends on the case).
  • s3nnyy 8y ago
    No, you CAN NOT buy citizenship in Switzerland, not even in Zug. You can however get a permit to stay that is renewed every year, if you're wealthy (defined as: sustain life here without the need of work). The threshold is way lower than 5 million and is decided case-by-case.
• hyperpape 8y ago
  In the case of Puerto Rico, it's apparently the case that you can land your jet there, refuel, step outside, and count that as a day on the island: https://www.gq.com/story/how-puerto-rico-became-tax-haven-for-super-rich https://www.gq.com/story/how-puerto-rico-became-tax-haven-fo....
  • Scoundreller 8y ago
    There must be a lot of demand for flights that leave at 12:30AM for the mainland and return at 11:00PM (just in case there's a delay).