How To Legally Change Your Tax Residency + 183-Day Rule Explained

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Globalization Guide

Globalization Guide

Күн бұрын

Пікірлер: 36
@rift5980
@rift5980 4 жыл бұрын
Thks Chris, pls share on potential countries to get tax residency without requiring you to spend 183 days a year . Thks
@applesnow6516
@applesnow6516 4 жыл бұрын
you are very good at explaining , could be a good teacher
@GlobalizationGuide
@GlobalizationGuide 4 жыл бұрын
Thank you, appreciated!
@acdcbmxsgsnati
@acdcbmxsgsnati 4 жыл бұрын
Hey Chris! Your content is amazing, please keep uploading!
@GlobalizationGuide
@GlobalizationGuide 4 жыл бұрын
Thank you Santi, I am going to publish new videos soon.
@acdcbmxsgsnati
@acdcbmxsgsnati 4 жыл бұрын
@@GlobalizationGuide Thank you for your answer!! I want to ask some questions but I'm pretty sure that the answers are in your videos so I'll keep watching. I have a HUGE niche that would really appreciate your content. Ecommerce owners (mostly drop shippers). There are many kids(well, young like me) making money online and looking forward to learning about this, and ways to be a constant traveler. + the price if you monetize the video is one of the best ones.
@Ammiela144
@Ammiela144 Жыл бұрын
Thanyou for this information, I dont know where to go yet to live in peace. I am from Barcelona, travelled a lot but allawys my home base has been here. Spain is a criminal state, I need to fly away before loosing all in the dark pockets of the Cabal. In spanish I do not find information in internet and listening you with help of the YT translator I can understand you pretty well. I am taking notes...! In what country decided you to move your tax residence? Gracias Chris!!
@gravarpersonal9461
@gravarpersonal9461 3 жыл бұрын
The one thing that I never understood about the 183 rule is how do they know if someone spent that amount of time in the country? I've been on countries in Europe where I rented a car and drove to 6 or 7 countries with absolutely no border control! How do they count the days? Great Channel
@GlobalizationGuide
@GlobalizationGuide 3 жыл бұрын
They might now know (yet), and they probably can't count the days. However I generally advise against any tax strategy that is based on opacity. In IT security there is the concept of 'security by obscurity', and it is to be avoided to rely on that. Know the rules, and follow them.
@white.gloves3166
@white.gloves3166 2 жыл бұрын
I think the exemple of keeping a house in Germany is not really true. A lot of people have houses in a lot of different places, they are not taxe residents all over there. I think that what you're saying mostly concernes people moving all around with no home base. If you stay in a 183 days rule country and your application for taxe residency is approved there, then you are taxe resident there and there is little that Germany can say given of course that you can provide proof that you really are living there most of the time, you can keep a house in Germany or even 10, it doesn't matter.
@stevenlawrence5733
@stevenlawrence5733 Ай бұрын
If I'm American working in the USA 180 days and I depart America and my passport shows I'm out of the country of America for 185 days living abroad............ Does The United States IRS give me a tax break / tax reduction since I was outside of America for 185 days?? I already know the state of New York gives a state tax reduction but does the IRS government also offer a tax reduction??? Your opinion is greatly appreciated. Thank You My income is earned in New York City during the 180 days I live in America and I don't earn an income while I'm abroad for 185 days.
@OleksiiSidorov
@OleksiiSidorov 4 жыл бұрын
Great explanation, thanks
@nothingbutthetruth8586
@nothingbutthetruth8586 Жыл бұрын
Hello, does anyway have advice on how to remove out from the US citizen / progressive tax system? In order to live a more international life?
@marcelovb1732
@marcelovb1732 3 жыл бұрын
Do you think (in Germany's case) that if you'd own an apartment but have rented it out for more than 6 years already, they would consider you have residential ties? I mean it would not be readily available as it is 100% rented out.
@user-vd2uo8jo1m
@user-vd2uo8jo1m 11 ай бұрын
Ich bin momentan in Kanada für insgesamt 182 Tage, der Rückflug ist schon gebucht. Innerhalb der Zeit arbeite ich, denn ich habe ein work permit. Muss ich am Ende nun eine Steuererklärung machen, oder nicht ?
@abeerkhan5554
@abeerkhan5554 Жыл бұрын
I live in Malta and working as Software Engineer in very well reputed Company. I also have Resident Card/Work Permit. I have question regarding 183 day rule. What is the situation if someone lands in Malta in Mid July or after the Mid Year. in that case, 183 days doesn't completes till 31st December. What would be the scenario with Tax deductions? Is there anything like Pro-Rated? if anybody is landing in Malta after mid year then 183 day rule will be prorated? like in that case he have to spent 92 days in the country? I landed in Malta on July 2nd, 2022. Currently, My tax is being deducted as a Resident Tax. Some people are saying to me that if I go out of Malta in December on Annual Leaves, then tax will be deducted as NonResident. Please help me out with this situation. I will be thankful.
@newmediaofficial
@newmediaofficial 5 жыл бұрын
Danke!
@GlobalizationGuide
@GlobalizationGuide 5 жыл бұрын
Ich hoffe es war hilfreich!
@victorpdiez7688
@victorpdiez7688 3 жыл бұрын
Good topic!!! The calendly link is broken!
@GlobalizationGuide
@GlobalizationGuide 2 жыл бұрын
Hey, Victor. I updated the link so it should work now.
@Lonor77
@Lonor77 3 жыл бұрын
In germany there is the 183 days rule within a year, but there is also the mention of a 90 days average within a 4 year period, whats does that mean? 90 days total during a 4 year period? or 90 days in each of the 4 years? Thanks for the info!!!
@GlobalizationGuide
@GlobalizationGuide 2 жыл бұрын
So basically the 183-day rule is set in place to determine whether you should be considered a resident for tax purposes. If you are in the country for 183 days or more in any calendar year, or for an average of 90 days in any four-year period, you are deemed to be a tax resident.
@Lonor77
@Lonor77 2 жыл бұрын
@@GlobalizationGuide Thanks for clarifying. So regarding the 90 days average this means if one stays for an average of 90 days per year during any 4 year period, is this correctly understood?
@suky108
@suky108 4 жыл бұрын
What about those with multiple homes around the world please? How would permanent residence be calculated?
@JohnnyHMV1
@JohnnyHMV1 4 жыл бұрын
Hi Chris, may I ask what do you do for a living that has allowed you to save on tax by constantly traveling? I'm curious because I'm an internet marketer and not necessarily tied to any specific country as well but I sure do pay a ton in taxes :)
@cyberdragon5074
@cyberdragon5074 3 жыл бұрын
Speak louder. Audio is low
@suky108
@suky108 4 жыл бұрын
Would a "considerable" time out of Germany be allowed under 183 days for example 180 days in Germany...and 184 days abroad in France? Ty
@carlwereld5131
@carlwereld5131 2 жыл бұрын
go to portugal for 10 year
@KJ-bc3de
@KJ-bc3de 3 жыл бұрын
Hey, this was a really helpful video, thanks for that, gave a like and subscribe! I did have a question regarding Tax Residency intricacies. Lets say I am leaving one the residential based taxation countries (Canada, Australia etc). You said that in order for these countries to recognize that you're officially leaving, you need to become a resident somewhere else . You also said that you can easily get residency permits in some places with minimal requirements (ie Panama, which I am considering). You also said this won't be enough for your old country to recognize you leaving. So, from my understanding, if I get Panama residency, and live there for 2 months, this doesn't really mean anything to your old government because you're just a tourist in that county to them, is that correct, even if I have the residency card? If so, then, for example, I should stay for 183 days, and then get my official tax residency certificate. You are saying this makes it official, since now in your old country's eyes, you are paying tax in a new place officially, and thats what they want to see. Is that correct? Do they generally care if you have a permanent new home, like a rented apartment ? Obviously this is more difficult for a digital nomad... What if I get my tax residency for the 1st year in Panama, get my certificate, and then the following years Im not a tax resident anywhere technically because Im a perpetual traveller. Does that satisfy the old country the one time you officially left and is that technically allowed? Lastly, how about places where you can obtain a tax residency officially in as little as 2 months (ie St Kitts and Nevis), or Bahamas which is 90 days. In the case of St Kitts, they dont even provide you with any certificate or anything of any kind. Would your old government recognize this, or just call you a tourist, since you don't have any official documentation? Is the most important piece an official certificate? Hope you can assist, Im just trying to understand very specific details Thanks
@jctbay
@jctbay 2 жыл бұрын
Great Video! I'm a U.S Citizen currently in Spain for the past 2 weeks. I arrived here from Italy where I arrived in March 2022 from the U.S. I am legally married to an Italian citizen, but we're unofficially separated. I have a permanent Permesso di Soggiorno for Italy but no longer have residency. I was planning on staying in Italy indefinitely again, but things changed and now I'm in Spain. I would like to stay here long term. I realize I could have easily applied for a Non Lucrative Visa before leaving the U A, but as previously mentioned, it wasn't my intention to end up in Spain. I don't want to have to go back to the U.S and file for this Vusa, so my question is this. Can I just stay in Spain for 183 days and become a tax resident in Spain which could then allow me to become a regular legal resident? i guess I'm not understanding if simply having only Tax residency will allow me to legally stay in Spain. I'm prior U.S military and my government pension is considered Tax Free in the U.S and apparently Spain, too. Again, great video and all the best!
@Bambotb
@Bambotb Жыл бұрын
What did you end up doing
@jctbay
@jctbay Жыл бұрын
@@Bambotb hi, I ended up staying there until last Wednesday as an illegal, lol. Now I'm Holland to continue my nearly 1 year stay in Schengen countries. I'm arranging to return to Italy soon and start the citizenship process there, since I am still married to an Italian
@jctbay
@jctbay Жыл бұрын
@@Bambotb I was in Tenerife for 8 months
@Bambotb
@Bambotb Жыл бұрын
@@jctbay they didn't say anything when you took a plane?
@jctbay
@jctbay Жыл бұрын
@@Bambotb no, since i was going from one EU Schengen country to another EU Schengen country, there is no passport control when leaving or arriving. The only time anyone has checked my passport was the airline check-in for my bags and at the gate prior to boarding the plane to verify my identity. Last stamp on my passport is from almost a year ago, 3 countries ago..When I must fly to a non Schengen country, I'll do it through Italy, because I have an Indefinite Permesso Soggiorno issued there, an Italian Drivers licence and an expired Italian Residency ID, plus my wife and kids. The Italians aren't going to give me any grief, because the authorities probably won't check my passport when leaving, just the airline. I will just fly back to my home country, so I really don't have too much to worry about, other than a change in Passport Control amongst EU countries in the meantime.
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