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'''Non Habitual Residence'''
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== How to add a footnote and reference ==
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Various tax advantaged locations are listed below including a high level over view of their tax regimes which are subject to change / correction.  
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Hi, I appreciate the need to include references and I am more than happy to do so. However I am really struggling to master the insertion of references and footnotes. I have read the Wiki guide on the subject and I am more confused now. I am sure it is straightforward, but could someone give me a simple set of steps. Thanks. DJN
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There are specific alternative tax regimes in some of these jurisdictions that may be available to non citizens that can bring additional benefits. A typical example of this is the Non Habitual Residence schemes that can in certain circumstances be availed of in countries such as Portugal and Malta. These non habitual residence schemes are outlined below under the heading” NON HABITUAL RESIDENCE.
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:If you've read the wiki guide for [[Help:Contents#Citing references|Citing references]], let me show an example. Citations can be formatted in several different ways, but let's start with a simple citation to show how it works. If needed, we can fix the format later. Edit this page so you can see how it's done.
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'''Optimal Tax Locations'''
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:A citation example: The Pensions Authority is a statutory body set up under the Pensions Act, 1990.<ref>[https://www.pensionsauthority.ie/en/About_Us/ About Us], The Pensions Authority.</ref>
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ANTIGUA & BARBUDA
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:A notes example: There are different types of pensions that you may be entitled to on retirement.<ref group="note">In Ireland, you can receive a state pension.</ref>
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• Individuals are taxed on income derived or sourced from the country only
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:When wiki editors discuss topics in a discussion page (like this one), it is customary to sign the entry with your username. You've done so in the earlier comment, but the wiki editor's toolbar has a menu entry for this purpose. The third button from the left will create <nowiki>--~~~~</nowiki>. Selecting "Show preview" or "Save Changes" will convert that text to your username with a timestamp.
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:I'm indenting my response to differentiate it from your entry. Both the indentation and timestamp are Wikipedia common practices.
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• Capital gains are not subject to tax
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:If you still have a problem, simply enter your citation information and indicate "Citation" (or another description) to let the other wiki editors know your intention. We'll take care of the details for you. Alternatively, request assistance in the wiki editor's forum. We'll help you with the layout or anything else you'd like to do.
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:--[[User:LadyGeek|LadyGeek]] 01:06, 10 November 2018 (UTC)
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• No capital duty, capital acquisitions tax, inheritance tax, net wealth/net worth tax
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==New page development==
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• Treaties are in force with CARICOM and the United Kingdom
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Hi, I would like to start a new page on Irish Pension Performance, I have begun an outline in a new template. I have also now created a new page under the same title.
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Thanks for your help.
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:--[[User:DJN|DJN]] 6 December 2018
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BULGARIA
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:Hi, I have moved your new page and the related template to subpages under your username (where draft pages go). Templates have special meaning in the wiki. I have renamed the page to "Template for Irish pension fund performance" so you can continue your outline.
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• Non-residents are taxed only on Bulgaria-source income
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:If you'd like the template page deleted, a wiki administrator (myself or someone else) can delete it for you. --[[User:LadyGeek|LadyGeek]] 22:26, 6 December 2018 (UTC)
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• Individuals who have a permanent address in Bulgaria but whose center of vital interests is not in the country are not considered a Bulgarian tax resident
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::Thank you for your help. Much appreciated, it has taken some considerable time to figure simple editing things out and I apologize for messing your nice website up! Anyway I am learning from copying what you and others actually type in rather than trying to interpret the written guidance. I would be happy if you now deleted the errant template page. In regards to the two other earlier pages: EU Non Habitual Residence and Pensions in Ireland, what else do you think that I need to do with them to bring them up to BH standards for publication, I have added quite a few references and links now. Thank you. --[[User:DJN|DJN]] 06:00, 7 December 2018 (UTC)
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::: First and foremost congratulations for [[w:Wikipedia:Be bold|being bold]] and going for it to create these articles. I know nothing of the Pensions in Ireland subject matter, but I've taken a shot at editing your article towards wiki standards. You might want to read [[w:Wikipedia:Tutorial/Citing sources|Wikipedia:Tutorial/Citing sources]] and [[w:Wikipedia:Tutorial/Wikipedia links|Wikipedia:Tutorial/Wikipedia links]] to understand the differences between a reference and an external link. That said, particularly on user pages, don't get too caught up with the structural things, the foremost goal should be adding the content and information to develop the article. Others who may not have much (or any) knowledge of the subject matter, such as myself, generally will come along and help out in the structural things. That's the basis behind the collaborative effort of wiki articles. Keep calm and edit on! --[[User:Peculiar Investor|Peculiar Investor]] 14:36, 7 December 2018 (UTC)
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:::: ^^^ My thoughts exactly. Please don't let the mechanics of editing a wiki page deter you. I have deleted your template page. --[[User:LadyGeek|LadyGeek]] 01:39, 8 December 2018 (UTC)
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• No stamp duty, capital duty, wealth/net worth tax
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Hi again,
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thanks for the encouragement, much appreciated. I have done some more work on the Page: Pensions in Ireland and if you agree I think it is comprehensive enough to be included in the "Investing from Ireland" page. I would include it in that section after the subsection entitled 2. Taxation of investments in Ireland and before the section 3. Notes. thanks again.
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--[[User:DJN|DJN]] 08:38, 11 December 2018 (UTC)
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CYPRUS
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:The demise of Mr Bogle has motivated me to do something a little useful. I have started a new page which is a simple list of deposit accounts in the main high street banks in the Republic of Ireland. The details have been checked online and are accurate. I think that this could be referenced from the Investing in Ireland page through a link under the "Cash" section. I am happy to wait.
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--[[User:DJN|DJN]] 05:42, 18 January 2019 (UTC)
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• Property tax ranging from 0,6% to 1,9%
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==New page on investing from Brazil==
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• Transfer tax on properties ranging from 3%-8%
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I have finished my latest draft of the above page, and I have now moved it to the main page. However I have not figured the category thing out yet, and I am guessing that this is the bit that puts the page into the menu? I wonder would someone please do that for me? Ted Swippet has offered to do that, Ted can you please help.
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-----[[User:DJN|DJN]] 14:42, 1 August 2020 (UTC)
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I have added the category and placed the page in both the outline and template for non-US domiciles. --[[User:Blbarnitz|Blbarnitz]] 17:54, 1 August 2020 (UTC)
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• A non-resident individual is taxed on Cyprus-source income only
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Thank you to Barry Barnitz, Ted Swippet and Lady Geek for your help on the technicals. I will watch the commentary and include any updates. I also have someone from Brazil going over the page to check it and help. --[[User:DJN|DJN]] 18:19, 1 August 2020 (UTC)
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• Progressive tax rates imposed up to 35% on incomes above EUR 19,500
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==Notes==
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<references group ="note" />
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• No capital duty, capital acquisitions tax, inheritance/estate tax, wealth/net worth tax
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==References==
 
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{{Reflist}}
DOMINICA
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• No capital gains, no property tax, stamp duty, capital acquisitions tax, inheritance tax, net wealth/net worth
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• Non-resident individuals are taxed on income derived or sourced in Dominica
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• Tax treaty is in force with CARICOM
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GREECE
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• Non-residents are taxed on Greece-source profits only
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• No capital duty, no net wealth/ net worth tax
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• Stamp duty for individuals is 3,6%
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• Property taxation includes a main tax depending on the characteristics of the property and an additional tax calculated for properties value exceeding EUR 300,000
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• Inheritance tax ranging from 1-10% for close relatives
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GRENADA
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• Non-residents are taxed on Grenada-source profits only
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• No capital gains, stamp duty, capital acquisitions tax, no inheritance tax, net wealth/net worth
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tax
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• Real property tax is ranging 0-0,5% depending on the property’s use
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HUNGARY
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• Foreign resident individuals are taxed on Hungarian-source income only
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• The general personal income tax rate is 16%
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• No capital duty
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• The tax for residential real estate property purchases is 9%
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• Inheritance is fully exempt in case of close relatives, otherwise is 18%
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MALTA
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• Persons who are resident or domiciled in Malta are taxable on their income
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• No capital duty, real property tax, no inheritance, net wealth/net worth tax
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• Tax is generally due on any gain on the transfer of property
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PORTUGAL
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• Non-residents are taxed on their Portuguese-source income only
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• Real estate income is taxed at a flat rate of 28%
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• A municipal tax is levied on property sales and transfers
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• 10% stamp duty on inheritance/estate tax with exceptions on a few cases
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• No net wealth/net worth tax
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SPAIN
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• Non-residents are taxed on Spanish-source income
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• For capital gains progressive rates apply
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• Stamp duty is applicable at 0,5-1%
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• Capital acquisitions tax is 7%
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• As real property tax the municipal authorities levy a real estate tax, with a temporary surcharge of up to 10%
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• Inheritance estate tax ranges from 7-34%
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ST. KITTS
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• No personal income tax, capital duty, capital acquisitions tax, inheritance/estate tax, net wealth/net worth tax
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• Property tax ranges 0,2-0,3% depending on the property’s use and location
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• Stamp duty on the transfer of real estate property ranges from 2% to 18,5% and payable by the
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seller
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• Tax treaties are in force with CARICOM, Monaco, Switzerland and the United Kingdom
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'''NON HABITUAL RESIDENCE'''
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'''Portugal'''
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Portugal introduced the Non Habitual Residency programme in 2009 which aimed at attracting EU residents into the country. Qualification means satisfying a residency test and in addition demonstrating that you have not been a tax resident of Portugal in the preceding five years. To be resident under the scheme you need to spend 183 days a year in Portugal and / or own or rent on a long term basis a residence there with the intention of making it your habitual residence.
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The scheme gives those who become resident in Portugal the opportunity to benefit from a tax exemption on certain types of income for a period of 10 years provided residency requirements are met each year. In other words 0% Portuguese tax on income sourced outside of the country (with some exceptions).
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Qualifying income includes:
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* pensions
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* interest
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* dividends
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* royalties sourced outside of Portugal
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Foreign pension income, for example from UK pension funds, is exempt from Portuguese tax provided it is taxed in another country under the terms of the tax treaty, or is not regarded as Portuguese source income under domestic legislation.
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However the UK/Portugal treaty states that pension income should be taxed in the country of residence and therefore no tax will be due - in other words a double exemption.
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Similarly a pension transferred to a Malta QROPS will benefit from the fact that Maltese rules allow the QROPS to be taxed in the country of residence provided a double taxation agreement exists. Therefore under the NHR 0% tax will be levied.
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'''Investment'''
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Investment income including:
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* dividends
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* interest
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* rental income
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* royalties
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If the above categories are earned outside Portugal they are exempt from tax provided it may be taxed in the state of source under a tax treaty, or it may be taxed under the terms of the OECD Model Tax Convention and is not regarded as arising in Portugal.
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Capital appreciation would appear not to be exempt from local Portuguese tax levels which are 30%.
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UK dividends, for example, will be tax free in Portugal under the NHR regime since the UK/Portugal treaty provides that they may be taxed in the UK (even though in practice they may not actually be under the disregarded income rules).
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Note that this tax-free income option does not apply to income generated in a blacklisted tax haven such as the Channel Islands.
 
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