Taxes are necessary evil and cannot be avoided. In general most of the world countries that tax income generally use one of two systems: territorial or residence-based In the territorial system, only local income – income from a source inside the country – is taxed. In the residence-based system, residents of the country are taxed on their worldwide (local and…
US despite renowned for strictest tax systems in the world, on the flip side is quietly becoming a world’s biggest tax haven. The United States is one of the few countries in the world, taxes the worldwide income of its nonresident citizens using the same tax rates as for residents. United States currently does not automatically exchange information with more…
We have developed a CBI calculator that will compute the most accurate prices for comparing the prices of Citizenship by investment (CBI/CIP) schemes in ONE place. It will give you easy comparison of prices for families and single persons and you will know which program is cheaper. As technology is improving every day, we made this online calculator, so that…
Comoros was the first country to launch a Citizenship by investment program in Africa. It was one of the cheapest citizenship by investment program ever existed in Africa. The Comoros Citizenship by Investment (CCBI) was first established in 2001 in accordance with the Union of Comoros Constitution. Legal Basis The legal basis for the Comoros Citizenship by Investment Program is…
The Place of Birth (POB) is probably one of the most important information contained in modern day passports. The Place of Birth (POB) field in passport data and Biometric data in chip stored are immutable does not change, even if a person change their identity or name. There cannot be different places of birth for for one person. It does…
Are Citizenship by investment programs (CIP) more popular than Golden visas ? We looked into the number of applications approved for year 2018 and the results are quite surprising. The CBI industry is growing at a must faster pace than we initially thought. The CBI industry grown from $2 billion to $5 billion in just 5 years adding $3 billion,…
The E-2 investor visa is the easiest route to open a business in the United States with a minimal investment. It is a non-immigrant investor visa with the fastest processing times. This visa is considered one of the best alternatives to EB-5 which has two or three years of waiting times. The backlog for China is far worse. The E-2 visa…
The Kingdom of Bahrain has opened a new golden visa scheme to foreign investors who invested in real estate and businesses in Bahrain. The Golden visa scheme is officially known as Self sponsored visa / residence permit aimed at attracting Significant Foreign investment in the Kingdom. Why Invest in Bahrain? Leading financial center in the Gulf Region offering access to $1.5…
These are the most confused countries and cities on earth. These places may fool you off when you book tickets for travel. Do your research and watch out for typos when you book your travel trip! Widely Confused These cities and countries are confused by many people. Budapest (Hungary capital) should not be confused with Bucharest (Romania capital) Dominica (Commonwealth)…
Montserrat, one of the fourteen british overseas territories in the Caribbean explored the idea of Economic citizenship scheme in 2015 to bring economic developments in to the country with only 4500 people living in the island. The country struggling to revive economy with GDP of only $63 million, one of the lowest in the world. In 1995, the dormant Soufrière Hills…
