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 offers attractive tax benefits, with no income tax for individuals and low corporate tax rates. The cost of setting up a company and obtaining a residence permit is around €7,500 per year. However, Germany and the UAE do not have a double taxation agreement, so individuals must permanently relocate to Dubai to benefit from the tax advantages.
Italy also offers tax benefits, including a 50-70% exemption on income for new residents, and a flat tax rate of €100,000-€300,000 per year for foreign-earned income. Other countries with attractive tax regimes for expats include Paraguay, which offers low entry requirements and territorial taxation, and Panama, which has a liberal visa policy and a stable currency.
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.
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