Canadians have from time to time considered making a permanent move to the United States, whether for a business or career opportunity, or to retire in a warmer climate. However, before taking this important step, it is important to understand what tax implications may arise from such a move. Residence It is critical to determine…
The high success of Hungary’s residency program is going to cause a rise in the price of the country’s residency bonds. From January 1st, 2015, a residency bond in Hungary will cost at least €300,000 at face value. According to Antal Rogán, Head of the parliamentary group of the ruling Fidesz party, ever since the…
While attending a global citizenship conference in New York recently, the Maltese Prime Minister Joseph Muscat made a pitch to the high net worth individuals of the world, telling potential investors that they can enjoy “short legislative distance” from politicians and policymakers. “Those who take decisions are accessible and ready to listen, and the system…
Singapore as an International Education Hub— High Costs Hurting Admissions Increasing education costs and fewer employment opportunities has taken the sheen of Singapore as a prominent educational destination. There is a growing fear that Singapore may no longer be a preferred destination for foreign students. Figures from Immigration and Checkpoints Authority for July, 2014 indicate…
As concerns about prevalence of artificial corporate practices designed to shift profits to a low-tax or no-tax jurisdiction, the Secretary-General of the OECD announced a global plan aimed at cracking down on such aggressive tax avoidance practices by corporate organizations. Forty countries will work together to ensure the framework to discourage companies from resorting to…