From Dreams to Destinations
From Dreams to Destinations
High-net-worth individuals face substantial taxes that can erode their income and investments. By optimizing your tax plan, you can keep more of your earnings legally. You can then reinvest those savings to accelerate your wealth growth and achieve your financial goals more quickly.
When you pay less tax, you will free up more money to invest, expand your business, or enjoy your lifestyle. Reducing your tax burden improves your financial flexibility, allowing you to act quickly on new opportunities without unnecessary financial strain.
If you earn money in different countries, you might have to pay tax twice - once where you earn the money and again where you live. Tax planning helps you avoid this problem by using rules and agreements between countries, so you don’t lose money unnecessarily.
The citizenship program lets you get a second passport by investing in another country. You can invest in real estate, government projects, or local businesses, depending on the program.
Many wealthy individuals obtain a second passport by purchasing property in another country. This is popular because it allows individuals to get both a home and citizenship simultaneously. For example, Turkey grants citizenship if you purchase property at $400,000 and maintain it for three years. More than 5,800 people have already taken advantage of this option. In Portugal, over 92% of investors opt for real estate, generating more than €6.6 billion since the program commenced. Greece also gave more than 10,000 residence permits, with investors spending over €7 billion on property.
Many wealthy individuals obtain a second passport by purchasing property in another country. This is popular because it allows individuals to get both a home and citizenship simultaneously. For example, Turkey grants citizenship if you purchase property at $400,000 and maintain it for three years. More than 5,800 people have already taken advantage of this option. In Portugal, over 92% of investors opt for real estate, generating more than €6.6 billion since the program commenced. Greece also gave more than 10,000 residence permits, with investors spending over €7 billion on property.
You can save your hard-earned money by optimizing your taxes. One effective way to achieve this is by obtaining a second residency through investment.
Buying a house or apartment is an easy way to get a second residency. In Greece, you can live there if you buy a home starting at €250,000 in some places. In big cities like Athens and Santorini, it costs up to €800,000. Turkey gives residency if you buy property worth $400,000. The UAE lets you get residency by paying AED 2 million once, and it offers zero tax benefits. Hungary gives residency if you buy a home for at least €250,000. Buying property can also help you save money on taxes in some countries. If you rent your property, you can earn extra income too. This is a smart way to manage your money and live in different countries.
If you want to be more engaged, some countries give residency if you invest in a local business. Greece asks for a €500,000 investment and five jobs created. Portugal lets you qualify with €500,000 invested or 10 jobs created. Antigua and Barbuda offer residency for a $400,000 investment in approved businesses. Canada’s Start-Up Visa Program gives permanent residency to entrepreneurs who start new businesses and create jobs. Besides getting residency, investing in businesses can also help you reduce your taxes, because some countries give tax breaks for creating jobs or helping local companies grow.
Another safe way to get residency is by investing in government bonds or national funds. St. Lucia offers residency for a $300,000 investment in bonds for five years. St. Kitts and Nevis ask for a $250,000 donation to their Sustainable Growth Fund. Dominica has a similar option for $200,000. Greece gives residency by buying government bonds worth €800,000. Malta offers residency with a mix of donation and bond investment. These investments help fund public projects like roads and hospitals. They can also save you money on taxes because bond income is often taxed less. This is a low-risk way to protect your money and get residency.
Many countries, such as the UAE and Monaco, don’t charge personal income tax at all. Others, like St. Kitts and Nevis, don’t tax capital gains or inheritance. By getting residency or citizenship in these places, you can pay less tax and still enjoy a great lifestyle.
Having more than one residency or citizenship gives you more freedom with taxes. You can choose to live in countries with lower tax rates or special tax benefits on foreign income, dividends, or wealth, to avoid high taxes in one country and save money by picking what works best for you.
Tax laws frequently change, sometimes becoming stricter for wealthy individuals. When you have a second citizenship or residency, you can move if your home country raises taxes or puts strict financial rules in place. This kind of flexibility protects your wealth from sudden tax hikes or political problems that could affect your finances.
Residency and citizenship programs usually come with good rules for passing wealth to your family. For instance, countries like Portugal and Malta offer low inheritance taxes. By employing these programs, you can make sure more of your money goes to your heirs instead of to taxes.
Countries like Dominica and the UAE don’t share as much information with other governments under global tax rules, such as the Common Reporting Standard (CRS). When you invest in residency or citizenship in these places, you can reduce how much your financial details are exposed. This helps keep your money and personal information safe from unwanted attention.
Getting residency in another country can give you access to lower corporate taxes and special deals that stop you from being taxed twice. This means you pay less tax on business income, dividends, and royalties earned in different countries. For business owners and investors, having a second residency or citizenship is a smart way to grow their business and keep more of their earnings.
Some countries are known for having powerful legal systems that protect people’s money and property. For example, Switzerland, Singapore, and Luxembourg have stable governments, clear laws, and fair courts. If you become a resident or citizen in one of these countries, you will get better protection for your wealth.
Before working with WeRWealthy, I was paying too much tax on my money from different countries. It felt like I was losing a lot. They helped me buy a house in Greece to get a second residency. Now, I pay less tax and don’t have to pay tax twice on the same money. Because of that, I can save more and grow my business faster. It really made a big difference for me.
UK
I wanted to keep my family’s money safe from high taxes in my country. WeRWealthy showed me how to get citizenship in St. Kitts and Nevis by making a donation. It only took a few months. Now, I don’t pay taxes on things like inheritance or capital gains there. Plus, my family can travel to many countries without a visa. This helped me save money and gave me peace of mind.
South America
I got residency in the UAE by investing some money, with help from WeRWealthy. The UAE doesn’t charge personal income tax or tax on investment profits. Since then, I pay a lot less tax on my business and investments. It also makes it easier to invest in other countries and keep more of what I earn. Thanks to this smart tax plan, my business is doing better than ever.
Middle East
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