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Sergey Galinskiy
General Manager - DV Consulting Centre
Sergey Galinskiy is the General Director of DV Consulting Centre, a position he has held since December 2005, making his tenure nearly 19 years. His expertise lies in immigration services, particularly for clients from EU countries. He has developed significant experience in consulting and advisory roles within this field, contributing to the growth and service offerings of his company over the years.1
Highlights
#Crypto investors have faced growing pressure from governments and #tax_authorities of different countries quite recently, but it is already obvious that adaptation to the conditions of confrontation between crypto market participants and the authorities is an inevitable fact of "coexistence" of the parties.
The number of crypto-friendly countries is small, and in this regard, in order to ensure the long-term viability of crypto investments, the investor is forced to think about obtaining a #residence or a #second_passport. But from thinking to taking action is often a distance of months. And the very implementation of the procedure for obtaining new documents takes a lot of time, especially now - under conditions of travel restrictions.
Alas, when the very fact of participation in the crypto business can cause problems in the country of residence, there is nothing left but to look for a new haven. Someone (in this regard) is impressed by Montenegro, someone decided to move to Georgia, someone will fix their eyes on Ireland ... The choice of a country is extremely important, but it is impossible without a detailed discussion of the specific situation. Now about something else. Continuation: https://lnkd.in/d2yjYvj
Since the 19th century, virtually every #Swiss canton has been willing to negotiate with foreigners an annual lump sum tax payment. In essence, the procedure always looks like this:
- the applicant discloses his assets / expenses (personal and family),
- the authorities are determined with an interest in this person,
- the authorities announce the tax amount and, if mutual agreement is reached, a deal is concluded.
Currently, only a few "German-speaking" cantons do not support a one-time tax.
By the way, the #tax is intended for those who are not going to engage in income-generating activities in #Switzerland. Payers are allowed to manage their private capital, but otherwise will have to rely on their own savings and investments abroad. The payer must have domiciled status in Switzerland and at the same time can use the lump-sum system for an unlimited number of years.
The minimum tax amount depends on the canton and starts from 250,000 CHF (~ 230,000 EUR) for third-country nationals.
When a few years ago #Italy decided to join the flat-tax regime, the authorities set one main task: how to attract especially wealthy citizens to Italy.
Continue reading: https://lnkd.in/dkicEc5
