From what I have read, the 7% tax is not only on pensions but on all foreign income. You are saying that other income is taxed according to the table you showed but that information is not correct. Would not invest with you.
@TirsaFuellАй бұрын
Great analysis, thank you! Just a quick off-topic question: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How can I transfer them to Binance?
@erickarnellАй бұрын
Great overview of options. Thanks for sharing.
@SohanbhaiytАй бұрын
Give me a job
@erickarnell2 ай бұрын
Fab is an excellent guest. Thank you for the event.
@sabbirhossain-zr7bw2 ай бұрын
I have found many problems by analyzing your channel Because of this problem, your channel's video is not able to reach many people and your video is not being viewed, the channel's subscribers do not increase
@georgeageorgopoulos2 ай бұрын
Another thing to consider about Australian Properties,,,Their building quality is the worst in World built with rubbish building materials!!! ;))
@georgeageorgopoulos2 ай бұрын
Why you would want to go to Australian red desert??? Greece is heaven on Earth in Summer time!!! at bargain cost!!! ;)
@georgeageorgopoulos2 ай бұрын
Hi Foreigners If you think Greece is expensive offering property bargains ,,,I live in australia and such buildings basic cheapest 2bedroom properties are at $ 1,500,000 AUD plus!!! i only mention the minimum!!! (AU property data 2024)
@rbee20622 ай бұрын
How much will it cost me to consult a lawyer before i buy a property?
@LesWaterman2 ай бұрын
when you buy a habitat in cyprus, and the price drops by 60% or more due to no title deeds, subsidence, no building/corrupt regulations, what happens then? is the money you have had stolen by cypriot scammers held accountable? or you can get it back using the legal system after 15 years maybe?
@old11193 ай бұрын
Looks like this didn't bubble up to the top of youtube - it should have. Great job covering all the bases. Thx
@natalijanaschova36503 ай бұрын
Thank you Smart Currency, when you explained how it's safe for Smart Currency to hold money pending the finalisation of the sale, you mean: it's held in trust for the buyer which carries legal duty and consequences and which is why it's equivalent with responsibility of the lawyer doing the same. Good to know we have a way around expensive + inflexible banks. The legal view that's it's easy to buy via directly your own bank account is inaccurate from experience: banks are slow, unresponsive and on back foot re. xchange rate, for international they never give the exact date guaranteed. All due respect but make the lawyer hold it in trust and transact all on the day more smoothly. They neither charge more for this service as this is part of the lawyers job or find another one. Seek out reliable contacts. What's the main contact for Smart Money?
@MENSA.lady24 ай бұрын
Obvious question. Are you in the Republic of Cyprus or the illegally occupied northern part ? Simple but it makes a world of difference..
@peterchristo1962 ай бұрын
Paphos office so Republic of Cyprus. South Side, Greek side.
@dannysmith24085 ай бұрын
Great video, thank you.
@MENSA.lady25 ай бұрын
Google Buysellcyprus.com where you can find many hundreds of properties for sale or rent. It commits you to nothing but will give you a good idea what is available, where you want to be, and a good idea of the price.
@MENSA.lady25 ай бұрын
I want to buy a small 2 bedroom ground floor home in Kyrenia for my retirement. Can you help.
@MENSA.lady24 ай бұрын
Kyrenia is in the illegally occupied part of the island. As such it's almost impossible to gert legal title to land there. The only exception would be if you bought from someone who has owned the land since before 1974 and lived there continually since. Very unlikely. Newbuilds are uaually on stolen land and when the rightful owner returns you will lose all.
@yayadxbdoh5 ай бұрын
20% on Capital gains for stock ETFs ?
@johnkalogriopoulos93925 ай бұрын
Regarding the purchase price, I’ve heard that a property’s price can be negotiated. Can you give us a ball park figure? I’m looking at properties in Voula Attiki and see several properties priced at around 600,000 euros. I was told that the price can be negotiated for 15%to20%. Is this true? Thank you.
@Mark-el8sb6 ай бұрын
Good information, though it would have been interesting for the lawyer to explain the ease/difficulty and time necessary for non-EU foreigners to get Ministry of Defence approval to purchase in border areas, e.g. the Aegean islands.
@Banthah6 ай бұрын
This was a great video. Thanks for posting. You might have already answered this, but just to be clear… I have a workplace defined contribution pension that is invested in a global ETF. I am on flexi access drawdown taking out £3k per month. I want to move to Spain as a Spanish tax resident. Which tax would I pay? Is it classed as general income or is it classed as capital gains. I ask because I’m selling part of the ETF each month so why is it not classed as capital gains?
@catsfan_M6 ай бұрын
Cyprus is expensive and has very high rate of tobacco smokers
@ianf8313 ай бұрын
Not that expensive
@mamunshikder-u5f7 ай бұрын
your video quality presentation is so amazing but do you know why your video is not getting the expected views? Your channel needs some updates to increase the view
@Pauln717 ай бұрын
I thought government derived pensions were not taxed in Portugal
@mmaziaki17238 ай бұрын
Like
@AlanPeery9 ай бұрын
Quite worthwhile, thank you.
@VerityAssad9 ай бұрын
I am hoping to move yo Cyprus this year. It would be great to get advice and deal with you. I will need a lawyer as I will be to buy. I have land in Akrotiri, but two years ago, I was quoted a price as £100,000 this year I was quoted only £60,000. I also have property in the U.k that I have no mortgage on. I'm hoping I can get a mortgage in Cyprus as I won't be able to get one in the U.K for properties abroad. I want to keep my U.K. property as I will have money going in the bank each month.
@GlowElevatedOfficial9 ай бұрын
Great video! Thank you 🤩
@simoncorreia568610 ай бұрын
Fuck all that
@luisfilipe53410 ай бұрын
Real estate speculation by foreigners is making impossible for locals to buy or rent a house
@themothers11 ай бұрын
Could a non-eu member open a non dom company and make money outside of Cyprus with that company, and then say that money was earned outside of Cyprus? Would it have to be taken out as a salary or can it be taken out as a dividend?
@mkam506011 ай бұрын
Thank you for this informative interview. Can you please make another interview about the property purchase and whether properties can be bought on trust? how many beneficiaries can be named under one title deed? Wills and inheritance laws ect ?
@10000fps Жыл бұрын
Hey has the VAT on property recently changed? I read that (copy and pasted) According to the new provisions of the VAT Law, the reduced rate of VAT will apply to the first 130 square meters of a buildable residential area, based on the building factor and architectural plans presented to get a planning permit, up to a property value of €350,000, provided the total transaction does not exceed €475,000 and the total buildable area is no more than 190 square meters.
@JohnSpedtsberg Жыл бұрын
Very helpful
@andyklapper8484 Жыл бұрын
Can you buy a house without a real estate agent? We have a cousin with a house he is looking to sell, that we might want to buy. I expect that we need a lawyer, but I'm thinking we don't need a real estate agent. Is that true?
@davedavids9619 Жыл бұрын
@andyklapper there is no need for a real estate agent. Most agents will make you sign a contract where you declare you will pay them 3 % of the sales price and to be honest, most of them do absolutely nothing for that amount of money. If you know the seller (which an agent keeps secret, normally) you can go to a lawyer, have him/her check everything, pass by an accountant for all the financial work. And even a lawyer does not mean that checking the titles will be done correctly. 😀
@JimmyTheGreek20006 ай бұрын
No need for a real estate agent, You will need an Attorney. However, it is best to get one as the process is complex and if you do not know the Greek language itis beest to have one !
@jamestsakrios7438 Жыл бұрын
Not very accurate regarding how long buying process takes. Huge delays this year processing applications with council of ministers and taking 8 months plus as Brit to buy
@southbohemian331 Жыл бұрын
Hi, as an EU citizen, do the transfers of income of 24 000 EUR annually apply to EU citizens? I would like to stay in Cyprus for a year or two to see if I want to stay for good. Then I would buy a property there which would qualify for permanent residency I guess. Thank you.
@Matthew-hi5ud Жыл бұрын
Informative video, thank you! I've heard on other KZbin channels that the real estate market is not regulated in Greece. It makes some realtors and lawyers opportunists to take advantage of buyers. That would make a purchase unsettling for sure. What website is the best for looking at real estate for sale in Greece? Thank you!
@hraghrag7445 Жыл бұрын
The lawyer is quiet ignorant on few matters . One of them is that you don’t need to open a bank account in Greece , just do an international transfer from ur country .
@montrealcanada7023 Жыл бұрын
Yes you do. I know the drill
@Carol-gl3ww Жыл бұрын
"Promosm"
@ludmilafotiadis7097 Жыл бұрын
Hello, thank you for this video! I watch you from Germany. I want to take a housing loan for buying a Home in Marathonas. Can you please tell me what amount of house value (100.000€) do greek bank finance?
@alking1676 Жыл бұрын
TLTR price ?
@hyeresmanhale8407 Жыл бұрын
An excellent interview, very precise and informative
@PhilipFelipe Жыл бұрын
is there a tax free allowance for pensioners similar to the UK before you start paying the 19%? Or is the initial 19% rate due on all income up to the start of the next tax band?
@thomasdoughty9639 Жыл бұрын
Thanks for this. Very useful.
@eprohoda2 жыл бұрын
Enjoyed.amazing -do you wanna more followers?! dude~:)