Month: March 2023

Published 74 articles
Maximizing Your Wealth: Offshore Banking Opportunities in Mauritius

Maximizing Your Wealth: Offshore Banking Opportunities in Mauritius


Offshore bank account in Mauritius: 7 key benefits. High interest rates, deposit security, flexibility, investment opportunities, lending programs, and efficient tax optimization in Mauritius. How did Mauritius emerge as a top offshore hub? Advantageous geographic location, political stability, legal system, and regulatory framework. Arbitration center in Mauritius. DTA agreements. Diverse business structures in Mauritius. Favorable taxation. Skilled workforce. Well-developed banking industry.

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Can Foreigners Buy Property in Turkey? New Rules and Procedures in 2023

Can Foreigners Buy Property in Turkey? New Rules and Procedures in 2023


Can foreigners buy property in Turkey? Learn about the new foreign property ownership and citizenship laws in Turkey. Tew rules, thresholds, and requirements for buying property in Turkey for foreigners in 2023. Citizenship issues. Expert insights on Turkey, consultations, and prof. services.

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Banking Scandals in Switzerland: from Past to Present

Banking Scandals in Switzerland: from Past to Present


Switzerland remains the most reputable jurisdiction as far as banking services are concerned. However, history knows many examples when scandals in the Swiss banking sector have broken out. Most often, this happens because a Swiss bank is involved in some money laundering schemes or it helps its customers evade taxes. In other cases, a banker can be bribed to give a loan. The truth always comes out eventually and the bank faces serious consequences.

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Advantages and Disadvantages of Relocating to Luxembourg

Advantages and Disadvantages of Relocating to Luxembourg


Living in Luxembourg brings many advantages. The country has a favorable geographic location and an advanced economy. It is safe, friendly, and very peaceful. The banking sector is extremely strong and job offers are plentiful. At the same time, the cost of living is comparatively high in Luxembourg. Real estate in particular costs much less in the neighboring countries of France, Germany, and Belgium.

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E-Commerce Market in Serbia: Double-Digit Growth and Prospects for 5 Years

E-Commerce Market in Serbia: Double-Digit Growth and Prospects for 5 Years


The e-commerce market in Serbia is gaining momentum! According to Tomislav Mirovic, the Serbian Minister of External and Internal Trade, it has shown double-digit growth in 2022, and the prospects are really good. The government is taking efforts to stimulate e-commerce by establishing the Hot Spot E-Commerce Awards ceremony where it awards the best e-commerce companies in Serbia. On the other hand, its policy is also aimed at suppressing the shadow economy on the Internet and social media as it removes thousands of illegal ads. Read the article to discover more details on e-commerce.

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Unveiling China’s Banking A-Listers: The Biggest Players in the Financial Market

Unveiling China’s Banking A-Listers: The Biggest Players in the Financial Market


Getting hold of the main drivers behind Chinese banks' high capitalization and asset levels. Comprehensive look into China's banking system. Discovering key insights into the Chinese banking system. Top ratings of China's biggest banks. Forbes Global 2000, S&P Global Market Intelligence 2022, and The Banker 2022. China Construction Bank, ICBC, ABC bank, Bank of Communications, and BOC – meet China’s top-5 banks.

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Acquire Citizenship of Vanuatu by Investing in Government Bonds

Acquire Citizenship of Vanuatu by Investing in Government Bonds


It has become possible to acquire citizenship and a second passport of Vanuatu by investing in government bonds. The investment requires purchasing zero-interest bonds, with a minimum investment amount ranging from AU$150,000 to AU$180,000, depending on the maturity period. After two to three years, the investor can withdraw their investment while retaining their passport.

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Where Do the Rich Invest Their Money? Financial Thinking and Successful Investments of Millionaires

Where Do the Rich Invest Their Money? Financial Thinking and Successful Investments of Millionaires


When you want to study, look at the strongest ones. This principle works well in the financial sphere, too: if we want to understand the principles of financial thinking and successful investments, we have to look at wealthy people. In this article, we are going to look at the ways rich people invest their money, and it will show us how we should think to have a broader outlook and make money in a more successful way. Why do the wealthy invest in charitable projects? What motifs make them think beyond their personal property and improve the surrounding environment? Read on to discover.

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Which European City Is Rightfully Called the Banking Capital of Europe and Why?

Which European City Is Rightfully Called the Banking Capital of Europe and Why?


European banking capitals. European financial hubs rated. Global Financial Centers Index (GFCI). International Financial Centers Ranking 2022: business environment, scope of financial activities, capital market size, availability of human capital, quality of business infrastructure, reputation, and international capital management as factors assessed. Strengths of European banking capitals. Amsterdam, Geneva, Frankfurt, Paris, or London – top banking choices among European financial capitals.

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How Do Offshore Companies Work?

How Do Offshore Companies Work?


How do offshore companies work? What’s the upside? The bottom line is the right country, entity (trust, foundation, LLC, etc.), and account. You’ll need knowledge, resources, and a business plan. If you have a reliable advisor, the rest will take care of itself. Prof. experts and services.

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Ultimate Guide to Mauritius Tax System in 2023

Ultimate Guide to Mauritius Tax System in 2023


The article discusses Mauritius as a midshore jurisdiction, which has favorable tax rates and is respected internationally. It compares Mauritius' tax structure with classic offshore jurisdictions, outlining the tax rates for individuals and corporations.

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Can I Have an LLC and Do Nothing with It?

Can I Have an LLC and Do Nothing with It?


It sometimes happens that you open an LLC but subsequently stop all business operations – or fail to start them at all. What happens to your company in this case? You may think that it does not exist because it does not operate. However, it looks different from the legal point of view: your company still exists, so you have at least an annual duty to pay. But how to make your company work for you even if you are not planning to actively engage in any business operations in the near future? There are five ways of using an LLC in this case. Read the article to discover them and benefit from your abandoned company!

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How Much Does It Cost to Start an LLC Abroad?

How Much Does It Cost to Start an LLC Abroad?


How much does it cost to start an LLC abroad? How does the total cost add up? What should you consider when buying or forming an offshore LLC? How can prof. services and expert counseling help you with an offshore company setup?

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Asset Protection: A Complete Guide For Dummies

Asset Protection: A Complete Guide For Dummies


Do you want to take care of your asset protection? If you don’t know how to start, here is an article for you. We look at the main notions associated with the topic of asset protection, consider possible ways of legal protection, and see how it all works. You will find out how the trust structure can protect your assets and who are the founder, beneficiary, and trustee. You will also discover why courts cannot seize your assets under certain circumstances and why your trust may be considered a fraudulent scheme in some cases. Please contact our experts for competent advice on asset protection.

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How Did Property Taxes Change in Turkey in 2023?

How Did Property Taxes Change in Turkey in 2023?


Tax when buying property in Turkey. VAT on real property. Annual property tax in Turkey: commercial properties, residential properties, land plots with building permits, and land plots with no building permits. Income tax on residential property sale and rent in Turkey. Rates of income tax on residential property sale in Turkey for individuals. Rental income tax in Turkey. Inheritance and gift taxes. How do you pay property taxes in Turkey?

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