So I’m originally from the ROI I work from home for a US company where they pay me via remote.com platform to my LTD company so effective I look like a contractor. This means I pay 12.5% tax with a salary double of what I’d get at home.
However recently I’ve wanted to become more efficient whether it be lower tax or cheaper standard of living.
I was looking at 2 options
Purchase property and stay in Dubai for 183 days I’m aware 800AED monthly to compulsory register if expat. This still works out at only 5% tax. Down side is UAE is more expensive
Most favourable option is Portugal being 30% cheaper with NHR tax exception for 10 years on overseas income
Im just wondering what do you guys do on a small salary to be tax efficient? They say you need to spend 183 days to be tax resident. What if you stayed in 3 countries for 4 months each
Well said