kapil354

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Everything posted by kapil354

  1. Folks,   Situation:  1. German citizen, self employed earning between 20 to 50k pa. 2. Willing to relocate anywhere sunny to save taxes 3. Also expect about 30k profits from stocks in 2021   Bulgaira has 10% corporate tax and Romania charges 1% of revenue to micro companies.   Was wondering if someone explored cheaper tax options like this to relocate?   I love Balkan area btw and have no personal issues moving there. Cheers! Kay
  2. Can one relocate to Romania or Bulgaria to save taxes

    Folks, really great perspective you shares above. Really appreciate the discussion.   There is a lot of activity in Romania, Bulgaria and Serbia - when it comes to gaming, new age tech etc (mostly IT).  Yes there are problems when it comes to roads etc. But they have better internet and lower taxes.  
  3. Taxes for foreigner self-employed in Germany

    Not a professional advice.   You can setup a Romanian or Bulgairan comapny and invoice the German company from there. (just realised I am only 10 years late exploring this...)!
  4. there is no need to mention if it is more than 12 months
  5. Investing in Euros / Sterling; Broker Limitations?

    I wonder if Vanguard expense ratios are same in US vs. EU   EU probably is a bit higher. 
  6. Dima was wondering if these algo trading platforms are any good? Would love to get some guidance here... 
  7. From what I understood   Holding for more than 12 months 1. Sales of crypto not taxable IF sold after 12 months of holding. ------------- Holding less then 12 months (traders) 2. If sold before that - then up to 600 EUR profit - there is no tax 3. However, if profit is even one Euro more than 600 - then whole amount is taxed
  8. Folks,    My goal for 2020 is to legally reduce my tax burden. (DE salaried employee, DE as tax residency for 2020)   I have a pension account also in another EEA country. Was wondering if I would invest money in that pension account - can I deduct it from my German tax income? (I would not prefer the German private pension because the payments are not lump sum)   Appreciate your 2 dollars. (...given the value of dollar is gng down I did not feel right to write 2 cents! Ok bad joke. But its late.). But appreciate your advice. Cheers!   
  9. Sure Red!  TT folks seem to have more and better insight. Just a small family I can trust. I like Google stock though. 
  10. Very useful info.   Bit tangential question Is there any other country in EU with NHS like system - just wondering. Being a German citizen and a freelancer - I am wondering where can I move in EU with low taxes and HC costs (...a healthy naturalized German   Appreciate your inputs!
  11. How to deregister online?

    Folks, was wondering if I could degister from Germany online and whether it is possible to cancel health insurance as well online? I am in Australia currently and would be diff to come back to DE to wrap up my stuff.    Any pointers would much appreciated.  Cheers! Kay 
  12. I wonder why would you refuse to sign Übergabeprotokoll.    It should be good for both parties to sign it with pictures, right?   Secondly, was wondering if you can ask for the original invoices of laying down of the floor? I mean the floor looks old and must have had some depreciation to it... already :). What do the experts on the forum think about that?    
  13. I wonder why would you refuse to sign Übergabeprotokoll.    It should be good for both parties to sign it with pictures, right?    
  14. Taxes if only have capital gains

    Folks    For 2021, I expect only capital gains from stocks worth 15k   And zero income from other sources and salary.   Do I pay zero tax given its below 16k - or I pay 27% like always?   Thanks for your hints.   Cheers! kay
  15. I wonder if I can sell and buy the same stock today or tomorrow and book a loss for 2020   Does that work?
  16. Best EU countries for taxes for freelancers

    Sure how are taxes in Ireland?      
  17. Hej folks, which countries in  EU work best for freelancers wrt taxes.   I do not want to pay such high taxes in Germany or Denmark. Any suggestions - Czech, Portugal?   Appreciate your suggestions.
  18. Köpenick for buying an apartment

    Folks, I am considering buying an apartment in Köpenick, Berlin.   Any ideas  whether this area has any right wing issues? I know the usual spiel - everyone is different etc.    Any cheaper LGBT friendly areas - around Berlin which is not very expensive? Would appreciate any pointers.
  19. Best EU countries for taxes for freelancers

    Thanks for the Cryptic hint about Cyprus...
  20. Best EU countries for taxes for freelancers

    thanks Luna!! Any villages I could explore?   (as you can see I prefer low taxes and an easy life) :) 
  21. Best EU countries for taxes for freelancers

    How about living in a small nice Swiss village - rents are high there too?   My work is location independent. I travel for meetings sometimes and that can be managed from any where from EU (assuming no travel restrictions)
  22. Best EU countries for taxes for freelancers

    Didnt realize that Swiss taxes for freelancers are that low?! Interesting. Will explore more.   Can I issue an invoice without a local address from Zug? So registering a business without local address? (I have German passport if that matters).  Two cases 1. Selling online digital products with no physcial setup.  2. Giving consulting services across EU
  23. Best EU countries for taxes for freelancers

    True so is Bulgaria. Both are good options.   Someone suggested following structure Live in Portugal on NHR  Set up company in Matla and pay taxes in Matla for the company. Pay personal taxes in Portgual. From quality of life pov Lisbon sounds better than Bulgaria.   Maybe someone can suggest legality of this structure and some experiences with this.
  24. I have all my monies aka equity ETFs in degiro.   They lend stocks.   I sometimes worry whether I should bring them all back to ING DIBA account (and pay huge fees).   What should the poor soul do?
  25. Folks, was wondering if I should deduct higher or lower rent for double househld (relocation case) from my taxes? I had two apartments at the same time  - during relocation period. I realize that I could get some tax benefit out of it.   Any suggestions? Thanks!