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Topic History of: Wealth Max. showing the last 5 posts - (Last post first)
Barney |
Ireland is the correct name (in English) for the country - to the south of the island, the republic.
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Bookworm |
The whole of Ireland or ROI? |
Barney |
Barney wrote:
most live in Hong Kong, Singapore, Switzerland and Cyprus
Live - in this context, is for tax purposes.
Abramovich, wherever his tax domicile is, spends most of his time on his many yachts.
Worth c$12 billion, he has a mansion (or 10) in Israel.
In the past he lived in the Kremlin.
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Barney |
Ireland (I think) offers major tax incentive schemes, not only to rich people - but to movie production companies, authors, artists etc.
Billionaires like Philip Green (Next, et al) live in Monaco - with many more than RoI, I thought: they pay virtually no tax in the Monte Carlo environs.
The only real restriction to this residency arrangement - for a UK individual - is that they can only reside here for 91(?) days a year. With being hit with large financial penalties.
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Honey |
Why so many in Ireland? |
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