09-20-26 savo
on second thoughts.. about people from outside the EU taking residence in some eu country to benefit from some low tax regime...
it may not matter whether they have to report assets (and accounts) abroad... Banks may choose to close the account of that client that is now EU resident.
Banks employees want above all to keep their jobs. |
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09-20-26 savo
pana... i am not referring to invisibility... more to privacy and freedom to decide where to bank and how to make payments.
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09-20-26 panasonic
Savo, it will be harder and harder to stay invisible, the alternative is to become visible and live in full.
Last suit has no pockets anyway. |
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09-20-26 panasonic
| Goldman sees gold price @5400 by end of 2027. |
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09-20-26 savo
on bank accounts abroad... you are thinking of people who come to europe to take advantage of some low tax program.
Fine... most of those do not require people to report offshore assets.
But what about the rest of the european residents that live under a tax tyranny. Why will they be restricted from opening an account abroad?
Regarding Italy... say..i am not interested in in the 250 k per annum program... but I am retired person interested in the 7% per annum if taking residence in cities with less than 30k inhabitants? Do I have to report assets abroad? I presume yes... because the 7% is calculated on that too. |
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09-20-26 savo
carib... We have to adapt, and now at an increasing speed
that is the whole point... why do we have to adapt? why can things that worked perfectly well like offshore accounts or payments in cash have to be controlled and restricted?
Why do I have to move to Zug to live a secluded life without government interference and control over in my movements..financial affairs... real estate investments, etc...?
Our parents and grandparents lived perfectly un-surveilled lives paying everything in cash...why can't we? because there is technology? Technology is supposed to improve the life of people not the power of the satanist in brussels.
That is the problem with the fake democracy we live in... the word democracy is used to justify the worst atrocities against freedom, religion and property.
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09-20-26 savo
carib... this was the article I read:
https://www.libertaddigital.com/libremercado/2026-09-13/bruselas-amenaza-la-compra-de-segundas-residencias-y-las-senala-como-causa-de-la-subida-de-precios-7458784/ |
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09-20-26 victor
pt.. encouraging
//
Moscú, blanco del mayor ataque con drones de Ucrania
Al menos dos personas murieron y 20 resultaron heridas. Una importante refinería también fue alcanzada |
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09-20-26 panasonic
Meloni taking some measures:
https://www.nbcnews.com/world/italy/italy-ban-veils-schools-limit-foreign-students-class-giorgia-meloni-sa-rcna598776 |
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09-20-26 carib
| Greece (100K flat): No requirement to declare underlying foreign-sourced income or capital gains to Greek tax authorities. |
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09-20-26 carib
| Venezuela, opposition faction weighing deal to move $4 bln in gold to US from UK, from London to Fort Knox. |
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09-20-26 carib
| Ireland: non-dom system still on, with no time limit (but rainy weather) |
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09-20-26 carib
Amateur: Italy (300K tax scheme) does not require to declare offshore income.
Portugal (IFICI+) requires to file, and excludes "tax havens".
Malta: I do not think requires filing, but not sure.
Same for Cyprus.
Gibraltar (cat 2) I do not think requires filing.
Luxembourg has tax secrecy for residents, who bank locally.
Montecarlo.. clearly beats Russia, in terms of safety and location. |
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09-20-26 amateur
Well, gathering of data is difficult to skip, I don't believe a Russia residence would be any better. Probably worse.
There is a bright side, too. UK may have limited its Non-Dom system, but in the meantime you have fresh alternatives from Portugal, Italy, etc.
I dont know if those countries let you keep your offshore banks, or if they require you to file yr worldwide assets even if untaxed. Probably not. You could live there and keep yr pot in Narnia.
That is certainly the case in Uruguay, 10Y tax holiday and no filing of overseas assets.
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09-20-26 spal
penAI's Sam Altman to brief UN Security Council next week
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Altman - same vibes as Elizabeth Holmes. |
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09-20-26 carib
Wall Street banks are expecting the US to borrow up to $1tn over the next year by selling short-term Treasury bills as part of a growing dependence on quick-maturing debt that leaves Washington vulnerable to rising interest rates.
The US will borrow roughly $1.07tn excluding money raised to pay off maturing debt in the coming fiscal year to September 2027 through issuing bills, according to Bank of America forecasts. JPMorgan expects $1.09tn of bill issuance in calendar 2027, while Goldman Sachs forecasts $961bn.
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09-20-26 carib
A worldwide shortage of motor oil is becoming more acute, with prices of the car engine lubricant reaching new highs, oil-change shops running dry and a US retail group rationing sales to do-it-yourself customers.
My electric cars do not need petrol, or "motor oil".
:-) |
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09-20-26 carib
Disclaimer: I think the EU should concentrate on the Draghi plan, not try to regulate the housing markets, which remain very different in different countries.Just a personal opinion.
Brits have to blame Brexit for their own plight. |
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09-20-26 carib
Ok: I found it!
To avoid housing pressure, the European Union is preparing legal backing to make it more difficult for citizens from other countries to buy holiday homes in the bloc’s territory. The measure comes from popular holiday destinations, such as Spain, which blame foreign investment in housing for rising property prices.
1) it is not a LAW. the EU does not adopt laws. It is a draft to provide guidelines. Single countries can still decide if and how.
2) Nothing forbids non-eu citizens from investing in EU companies, and EU companies can purchase real estate in the EU.
Information terrorism.
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09-20-26 carib
Savo: this is just technological development, to a large extent.
We do not live in our grandparent's world. It is a fact.We have to adapt, and now at an increasing speed.AI will further accelerate.Just move to Zug with a tax forfait, if you prefer.
I did not get the info about second homes in the EU.. but taxation remains mostly national.Do you have a link? |
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09-20-26 Merlino
"No es necesario esperar un acuerdo global de reestructuración para abrir canales de financiamiento y los fondos de inversión internacionales mostraron disposición a participar”
"El marco de reestructuración de la deuda de la República y Pdvsa definirá las opciones de financiamiento de las empresas petroleras nacionales durante el proceso de reestructuración"
https://noticierodigital.com/2026/09/capital-nacional-anuncia-iniciativa-para-estructurar-financiamiento-internacional/
.........................
My reading is that some people/interests are acting to separate bonded from commercial debt |
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09-20-26 savo
carib.. it is a process... and it is happening.. bit by bit... more controls... more surveillance.. more limitations... more taxes... more restrictions to dispose of your money or property...
think of the kind of un-controlled... un-surveilled... un-taxed life our parents used to live... and compare with today's controls..surveillance and taxes......
it does not matter that some internationlal banks may have offices in the eu... by definition that is not the bank in which you want to have your assets... the fact that they are coming with that tells you where they want to go...
same with second homes...
not long ago you could come from outside the EU with an EU passport... they would open it at the border and nothing else.. now they scan it...
there are many examples... try opening bank account without coming up with a zillion papers about your past life until you were born... try depositing 50 euros and a third party bank account... try going to a bank to pay taxes in cash... |
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09-20-26 Merlino
IMHO recent war events have demonstrated that:
................................
Carib, Yes |
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09-20-26 carib
Savo: that is in my view an extreme, unrealistic view.
The EU is not an ideal place to make money, but still the global region with the highest quality of life, in my opinion. For how long.. that I do not know.
I have been living in the EU for the largest share of my adult life, and the only specific case in which I have been kept in a tax prison.. is real estate held in Italy.
For the rest, global colores can find plenty legal ways to avoid any "tax prison" in the EU.
For example, your claim about limits on holding non-eu bank accounts.. is wildly exagerated in practice: most large non EU international banks have subsidiaries in the EU, besides the "grandfathering clause", and the exclusion of local corporate accounts.
It just requires wisdom, flexibility, and constant adaptation. |
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09-20-26 savo
the following step being discussed now in Brussels is limiting second homes. Real Estate prison.
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09-20-26 savo
amateur... the satanist union is already a tax prison from where it is very difficult to exit...next year will become a bank prison where EU residents (EU nationals or not) will not be able to open bank accounts outside the union unless that foreign bank has offices in the EU.
There are still some low tax regimes in europe... wealthy individuals from outside the EU wishing to take advantage of them and set up residence will have to bring their money to the EU. In the future the EU may want to decide in what they can or can not invest... .. anything can happen once your money is inside the cage.
By 2029 the EU becomes a digital prison with the digital ID and the digital Euro...by then the Brussels satanist will have full control of your life... they can program the digital euro and control in what you spend your money or if you can spend it at all... and through the digital ID control all your movements and limit them if they wish so. |
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09-20-26 amateur
| But I would not move out yet, Savo. Decadent civilizations are more pleasant to live in than totalitarian powers 🙄 |
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09-20-26 amateur
“The Ukraine war and the Middle east war are interlinked with front actors just being proxies for China.”
Indeed. With low cost for China, and large cost for the US. Its like a chess master faced to an apprentice…DT mercantilistic mind cannot understand deep strategy, shouts BS against China but is substantially a Chinese puppet. |
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09-20-26 spal
The US is preparing a large-scale military operation against Yemen's Houthis in retaliation for their strikes on Saudi Arabia, with the Camp David meeting held to review Yemen strike options, shortly before Trump left for the White House, per CNN.
B52's left the UK a few hours ago. |
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