lowtxesplease said:Hi. Good to meet everyone.
I am a wealthy EU citizen, no professional income, only investments and capital gains. I wish to relocate to a low tax country (which could be in the EU).
The first obvious provider was Nomad Capitalist, but after speaking with them and reading reviews, I have my doubts. However, their concept is ideal for me in principle.
Good job (for not selecting Nomad Capitalist)!
lowtxesplease said:Are there similar services that you guys can recommend?
I saw denationalize.me, WealthyExpart, Offshore Citizen... none seem very professional.
These are mainly marketing agencies, Infopreneurs, so to speak.
They sell you information of (usually) decent quality but compiled for beginners and at unreasonable pricing.
But otherwise they will use their own relatively basic knowledge to refer you to (or white-label) real local law firms. You will most likely get the job done with any of them, but you will end up paying even dozens of times more than you needed to.
I personally have experience with Flag Theory, which is practically the same principle as the aforementioned, though maybe slightly more professional. I do not recommend it, but I would say they are capable of picking who they resell and that the goal will be accomplished in the end.
As discussed earlier in this thread, it would definitely help knowing your preferences for a country before making suggestions. Maybe you don't want to live in hot weather, maybe you want to be able to fly to the EU non-stop, etc. Quite a few things that you need to consider before moving.
There are quite a few countries where you can pay little to nothing on CGT ”“ but maybe you invest a lot in US companies, then you want something to minimise US WHT, and so on.