8 ms·
My conclusion about the Estonian E-Residency program is that it is essentially useless, unless you want to become an Estonian tax resident by physically relocat
by krn 4y ago
My conclusion about the Estonian E-Residency program is that it is essentially useless, unless you want to become an Estonian tax resident by physically relocating to Estonia.
And there is a good reason why you would like to do that[1]:
> For the ninth year in a row, Estonia has the best tax code in the OECD.
For instance, if you live in Estonia, you can use an Estonian limited liability company to manage all your investments without paying any taxes at all, as long as you don't withdraw any money from it.
[1] https://taxfoundation.org/publications/international-tax-competitiveness-index/ https://taxfoundation.org/publications/international-tax-com...
- davidguetta 4y agoIts good for creating a estonian compagny with tax benefits no ?
- Archelaos 4y ago> For instance, if you live in Estonia, you can use an Estonian limited liability company to manage all your investments without paying any taxes at all, as long as you don't withdraw any money from it. How much is the tax, when I withdraw the money?
- krn 4y ago20% flat rate.
- bsndev 4y ago
- bitL 4y agoWhy not get Dubai Golden Visa for 5-10 years instead, get 0% taxes and the ability to live wherever you want (Dubai doesn't enforce residency duration limits to Golden Visa holders)?
- tokai 4y agoBcs Estonia is a small democratic state and UAE is a disgusting dictatorship?
- rocket_surgeron 4y agoDisgusting dictatorship? You are too polite.
- bitL 4y agoAFAIK all Baltic states have a minority with limited rights, so they are far from true democracy. It's irrelevant what they think of that minority/what is their history with that minority, they simply can't claim to be fully democratic.
- 411111111111111 4y agoI dont hail from Estonia, but if you disqualify it as a democracy... pretty much all other european nations and the USA will have to be disqualified too and for the same reasons. Its quality of life index is way higher then the USA as well, though that doesn't really say anything about its democracy. https://www.democracymatrix.com/ranking https://www.democracymatrix.com/ranking
- deleted 4y ago[deleted]
- krn 4y ago> AFAIK all Baltic states have a minority with limited rights, so they are far from true democracy. It would be interesting to see any reputable sources claiming that Lithuania, Latvia and Estonia are "far from true democracies".
- bitL 4y agoA quick question - how can a person born in a Baltic state and living there their whole life end up without citizenship? How is that democratic? Don't you see any problem there? That doesn't happen even between Romanians and Hungarians that are often at each other's throat for similar historical reasons.