Right to stay: Low taxes, high quality of life - These countries are attractive to emigrants
Who leaves Germany can often save a lot of money - at least if they know where to go. Some countries offer clever special rules for immigrants - and a life with more net from gross.
Dubai is a popular destination for individuals looking to reduce their tax burden, as it has no personal income tax and low corporate tax rates. The cost of setting up a company and obtaining a residence permit in Dubai starts at around €7,500 per year. However, Germany and the UAE do not have a double taxation agreement, meaning individuals must permanently relocate to Dubai to benefit from the tax advantages.
Other countries offering attractive tax benefits for expats include Italy, which has special tax regimes for new residents, particularly in southern regions, and Paraguay, which offers low entry hurdles and territorial taxation.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
