Tax residency

You can reside in many countries, however, there is one country in which you will have to pay your taxes on worldwide income. For example, you might be registered as a resident in the municipalities of the Netherlands, United Kingdom and Dubai, all at the same time, however, it is assumed that you have only one tax residency country, which is defined as the country in which you have the most significant social and economic interest, country which you consider your permanent home and in which most days are spent annually.

If you would like to explore the possibilities of optimizing your business and/or personal tax situation, learn the differences between tax residencies in the most favorable jurisdictions or simply have questions on which direction to take - look no further. Nomad Law’s expertise in taxation laws of different jurisdictions allows us to protect the client from “hidden” taxes which one might not be aware of when attempting to change their tax residency or relocate/expand their business, as well as ensure that the process of tax residency change is smooth and that the jurisdiction chosen for the tax residency is the most suitable for each and every individual case.
Scroll down and tour Nomad Law’s most popular tax residency solutions - Cyprus and UAE tax residencies - or contact us for a 100% personalized solution.