> I doubt he can use the favorable taxation countries like Malta and Cyprus have plenty schemes under which they attract HNWI's like him. I'm surprised about C

> I doubt he can use the favorable taxation countries like Malta and Cyprus have plenty schemes under which they attract HNWI's like him. I'm surprised about Cyprus considering Schmidt is from the US which is an odd choice since it's usually Russians and Russian companies that launder their money through Cyprus. Malta is much more popular among expat Brits and native English speakers and also (still) has a cleaner reputation compared to Cyprus. Both jurisdictions fill a void that opened when Switzerland agreed to hand over data on US citizens to the USA. Technically Cyprus/Malta too shares data but while the Swiss banking is a lot cleaner now than it was 20 years ago and certainly lot of things are now impossible that places like Nevada, New Mexico etc still allow. Both Cyprus/Malta have no shortage of crooks dressed as lawyers, accountants, notaries and bankers that will help him bypass the tax-men if he wants to but I strongly doubt that is the reason simply because he has better chances doing that at home. The US is now the biggest tax-haven in the world. It sounds more personal than this. Maybe he is planning to do business with wealthy Russians (unlikely) maybe he watched Mama-Mia and is now obsessed with the idea of falling in love on a Greek island, or maybe he wants to live in a city that is politically divided as much as his home planet. (Nicosia) /s https://en.wikipedia.org/wiki/Treasure_Islands:_Tax_Havens_and_the_Men_Who_Stole_the_World https://en.wikipedia.org/wiki/Treasure_Islands:_Tax_Havens_a...