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2nd Edition: 13 Special Regimes for Low-Tax Living in High-Tax Europe · IMI Podcasts

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  SPEAKER_00: Today, the IMI Research Unit releases for publication the second edition of our guide thirteen special regimes for low tax living in high tax Europe, which provides detailed information on how you or your client can pay a single digit tax rate while living in eight otherwise high tax European countries.
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  SPEAKER_00: Europe, despite its flaws, remains one of the world's leading regions for quality of life.
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  SPEAKER_00: With its high levels of material comfort, security, political stability, and old world charm, the continent continues to attract a global audience.
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  SPEAKER_00: Yet the region's consistently heavy tax burdens on both individuals and businesses remain a notable drawback.
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  SPEAKER_00: This report is for those drawn to Europe's lifestyle but deterred by its steep taxation.
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  SPEAKER_00: It reveals how you or your client can take advantage of special tax regimes crafted by European governments to ease the fiscal impact on foreigners, allowing you to enjoy the best of both worlds.
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  SPEAKER_00: For each country, we also provide guidance on obtaining residence permits for third country nationals who need legal authorization to stay in Europe.
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  SPEAKER_00: These permits are typically granted by proving a certain level of income or assets or by making an investment in the country.
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  SPEAKER_00: The second edition of IMI's Low Tax Living in High Tax Europe report explores 13 preferential tax regimes across eight European countries Greece, Ireland, Italy, Malta, Portugal, Poland, Spain, and Switzerland.
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  SPEAKER_00: Eleven of these regimes offer a path to achieving a single-digit effective tax rate in nations where top marginal income taxes exceed 30%.
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  SPEAKER_00: This report does not cover European countries with inherently low tax rates, such as microstates like Monaco, Gibraltar, and Andorra, or larger nations with comparatively low rates, such as Hungary, Estonia, and Czechia.
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  SPEAKER_00: Europe's preferential tax regimes come in various forms, each designed to accommodate specific categories of tax residents.
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  SPEAKER_00: Some regimes are particularly advantageous for individuals with high passive incomes, such as dividends, capital gains, interest, rental income, royalties, and similar sources.
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  SPEAKER_00: Others are tailored to those with substantial professional incomes, including senior executives, athletes, remote workers, and social media influencers.
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  SPEAKER_00: Likewise, certain regimes are only financially viable for those earning millions, while others offer exceptionally low tax rates even to employees with modest salaries.
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  SPEAKER_00: Although Europe is traditionally a high tax region, leveraging these special regimes can transform it into a veritable tax haven.
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  SPEAKER_00: The guide contains contributions from specialists from each jurisdiction, Alexander Varnovas, managing partner at Varnavus Law Firm Liz Cahill, partner at Eisner Amper, Ireland, Marco Messina, founder and CEO, at Move to Dolce Vita, Jean-Philippe Czetkuti, managing partner at Chetkuti, Kochi, Advocates Magdalena Patrias, partner at Anderson in Poland, Daniela Lopez Costa, tax partner at OTS LCCB law firm Sergio Gorina, tax attorney at Jimenez Salinas Abogados, and David Lesperants, managing partner at Lesperance and Associates.
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  SPEAKER_00: This episode first appeared as an article by Christian Henrik Neschheim on imidaily.com.
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