Dear Friends,
In this section we will tell you what auxiliary, indirect decisions or tasks you can entrust to us. After all, when investing abroad or just buying a residential property, you always face a number of dilemmas that you need to think through to make the right decision. These can include visa and immigration issues, tax planning issues, such as choosing the optimal country for tax residence, and opening of non-resident accounts with European banks, which is known to have recently become a great problem for non-european nationals. All these issues - our direct competency.
Speaking about everyday aspects, we are already accustomed to the fact that the decision to buy residential property abroad is often accompanied by questions regarding buying a business in one form or another. Or vice versa, the primary goal is to buy or build of a profitable business, and an additional one is to buy a residential property. In any case, we always remind our customers that any business is designed to serve our life and not the other way round. We are convinced that questions such as choosing a country and city to live in and a way of life are always a priority for the family. Then, you start trying to build your business, or purchase of real estate that fits with your chosen life concept.
However, it is not always that simple. Often, in order to protect your existing and newly acquired assets, you have to think about changing your tax residence, and hence changing the place of permanent residence for your family. Indeed, if you choose the wrong tax strategy or have no strategy at all, any business idea can be killed stone dead.
For example, after having bought a real property and moved with their family, say to France, some buyers surprisingly discover that they have automatically become tax residents of this country. As a result, local tax authorities seek to tax the entire international income of the family, which is completely outside their plans, since the French personal income tax rate is far higher than charged in many other countries, which in this case would seem to be a manna from heaven. On the other hand, you cannot currently count on the non-transparency of the banking system - today, any financial or tax decision has to be based on full transparency. In this respect, the world has changed dramatically. Therefore, you need to change and adapt too.
By commissioning «Square Meter» to address your main goals related to real estate, investment, finance, account opening and other issues, you can be sure to receive any related assistance with immigration and taxation matters. Our team will help to clarify everything, and as a result select the optimal country of tax residence, be it Monaco, Malta or Italy, and implement your plans.
In conclusion, we would like to list our daily routine activities that is our direct competency :
- real estate operations
- market research and consulting
- Due Diligence of income generating properties
- Brokerage
- account opening, search for project financing or mortgages
- construction project management and administration
- any other challenges
Your «Square Meter» Team.