There is no specific jurisdiction, but the best jurisdiction that suits your needs. We need to evaluate many dynamics at play. Climate, Position, Distance from Italy or from its affections, type of currency and its exchange rate, type of tax, whether territorial, or not, whether global or not, whether inefficient (which means low taxation for obvious reasons) or not, the language speech, crime rates and finally also the corporate culture.
However, there are places in the world where it really isn't necessary and you don't have to do business or relocate. In this presentation by us below we give you a quick explanation of how you should move offshore and in which correct places to do it if you want to operate calmly and without any misunderstandings.
A simple example is taking up tax residency in Panama, enrolling in AIRE in Panama, but living in Mexico or Colombia. Panama has territorial taxation, which only taxes if you or the company receives payments from Panamanians. In any other case you will be 100% exempt from any accounting and tax charges. Panama also has the dollar as a currency which provides for high costs of living. Mexico and Colombia for their part are countries with high taxes but with extremely ineffective systems. They also have weak currencies against the dollar, therefore very low living costs. Normally a global entrepreneur lives in Mexico or Colombia earning from Panama in Dollars, tax free and spending in Mexico or Colombia tripling or quadrupling his standard of living and purchasing power. He earns in Panama. But he lives and invests in Mexico or Colombia, which being larger countries also offer many more ideas for entertainment and pastimes. In practice it always pays off. This practice is suitable for all those who, for example, operate 100% online businesses who, due to their ethereal nature, can save 100% of the taxes due. They can have employees in any jurisdiction given the ease of digital communication that exists today . The same thing applies to those who operate a dropshipping business or sell digital products.
The only countries are Mexico and Colombia.
The only countries are Colombia, Belize and Argentina.
Panama, Paraguay are the fastest. Then Ecuador and Colombia, finally Mexico and Costa Rica.
No, all proceedings are done in person before the local authorities.
No. Becoming a resident includes the right to occupy a place and a home in the new host country. Depending on the residence title obtained, it will be possible or not to work or to exercise further rights. If certain legal conditions occur after a certain period of time, generally a period that depends on the host nation ranging from a minimum of 2 to a maximum of 5 years, it is possible to apply for naturalization, therefore obtaining Citizenship which then provides for in turn the right to apply for a passport. It should be noted that Citizenship envisages all the rights of the citizen but also all the duties. FAQs
Yes, the most obvious case is when you marry a foreign citizen and both spouses obtain the other's passport, thus possessing two passports and two citizenships.
Yes. They are citizenships and passports that are granted in 90/180 days and involve huge investments or by applying for economic programs of small nations such as Dominica, Grenada, St. Kitts & Nevis, Vanuatu, Malta, etc. We start from a minimum of 160 thousand euros up to several million euros of investments. The management costs on our part vary from a minimum of 30 thousand euros to go up.
