Change of residency
One of the alternatives of how to restructure your business is to start with yourself. Changing your residency status can vary, it all depends on your goals. Here are a couple of examples:
1) In several banks of Eastern Europe, a private banker is still permitted to open an account with a European company with a European shareholder in one day, without agreement with the legal department of the bank. To use this option, citizens of the CIS will need to change their residency or get a second passport.
2) Upon receipt of residence permit in the United Arab Emirates, the client is assigned an ID card that will serve as the basis for the bank to consider the client as a resident of the UAE, which means that the bank is not obliged to transfer information to the tax authorities of the client's country.
Premium Legal Solutions Ltd. offers assistance in obtaining citizenship, residence permits or permanent residence in the following countries: Georgia, the United Arab Emirates, Portugal, Malta, Andorra, Cyprus, Latvia, Lithuania, Slovakia, Czech Republic, Hungary and others.