Tag: Gibraltar
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Portugal vs Gibraltar: A Comparative Study on Paths Towards EU Citizenship
The prospect of obtaining European Union (EU) citizenship is an attractive one for many people worldwide, offering an array of advantages like the freedom to live, work, and study anywhere within the 27 member states, alongside enhanced legal rights and protections. Several paths lead to EU citizenship, including through naturalization in individual member states like…
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Gibraltar Residency for Sovereign Citizenship
Residency in Gibraltar Who is eligible for Category 2 Individual Status? Category 2 Individual Status is available to all non-Gibraltarian individuals who establish a residential address in Gibraltar, have not been ordinarily resident in Gibraltar during the preceding 5 years, and do not derive any income from Gibraltar sources other than from Gibraltar Tax Exempt…
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Beyond Bitcoin – tapping into the blockchain’s potential
Bitcoin has gone quiet. At least it has in the mainstream media, despite the fact that the cryptocurrency’s value is almost 50% higher than it was during the heady days of late 2013. It was then that Bitcoin ceased being a secret known only to the initiated and became a worldwide phenomenon that everyone wanted…
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British Overseas ‘Tax Havens’ Warned by UK
LONDON, England — A Labour government would push for UK overseas territories to be put on an international blacklist if they refuse to co-operate with a drive against tax avoidance, Labour Party leader Ed Miliband has told them ahead of general elections in Britain in May. In a letter to the leaders of British Overseas…
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Asset protection trusts and offshore investment
When discussing asset protection and offshore investments, the most widely known legal device for offshore planning or investment is an asset protection trust. Asset protection trusts resemble a typical trust as it legally exists in the United States only it’s located in a trust-friendly jurisdiction like the Cook Islands or the Bahamas. Certain jurisdictions (like…
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How to Move Money Offshore
We are going to discuss the movement of funds from your own country or another country to an offshore bank presumably in an offshore tax haven. We are not going to discuss any illegal scenarios. Why do People Move Money and Assets Offshore – Many of you will first think taxes? Well you are wrong.…
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Gibraltar To Sell Investment Services In UK
The government of the United Kingdom has passed new legislation enabling investment firms based in Gibraltar to sell their services in the UK. The legislation, which became effective on July 31, follows through on an announcement by the governments of the UK and Gibraltar in December 2005 that firms in the jurisdiction would be allowed…
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Gibraltar flies the flag for its own stock market
Gibraltar, the sunny British territory famed for its imposing Rock and Barbary Apes, is in talks to create its own stock exchange.The exchange, which would be called GibEx, was dreamt up by local law firm Hassans and Austrian-based bank Medici. They are outlining plans to the authorities and the business community to create a trading…
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New Directives Threaten to Eliminate Tax Haven Status of Monaco, Andorra
Media reporting of an EU tax directive, effective from July 1, suggests the European tax haven status of Monaco and Andorra could be under threat. Tribune Properties contend that the real incentive for people moving to Monaco and Andorra remains intact – no income and inheritance taxes. (PRWEB) July 27, 2005 — Media reporting of…