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You can also do that without Dubai visa.
by olalonde 4y ago
You can also do that without Dubai visa.
- bitL 4y agoMaybe if you are in a country with super low taxes for IT folks like Romania, Poland, Croatia etc. But that won't work in Germany, Benelux, France, Spain, Italy, Scandinavia where taxes can be 40-60% at that income level.
- olalonde 4y agoWhat I meant is that a Dubai visa is not necessary to execute this scheme. In general, if you spend less than 180 days in a country, you are not taxed in that country (irregardless of whether you have a Dubai visa or not). Country of citizenship is mostly irrelevant for tax purposes, unless you are American. There's not usually a law that requires citizens to be paying taxes somewhere (else, I could see how the Dubai Golden visa could help).
- bitL 4y agoI think you'd need at least one country to give you a taxation statement for a given year or you risk your home country will extract those taxes from you later. I can ask my tax person about it.
- csomar 4y agoI get you don't really understand well how these things work. I suggest you don't give advice in this area. Some people will find themselves in trouble because of it.
- olalonde 4y agoI am not giving advice, every country is different. But that is the most common rule, with some caveats.
- ddorian43 4y agoI think Spain has the "Beckam Law" that you don't get taxed for 6 years if your revenue comes from out of Spain (remote work)
- bitL 4y agoYou need to reside at least 10 years in Spain before you can invoke Beckham's Law, so not an option for many people.