Wealthy Asian Nation Nobody Talks About is a Secret Tax Haven

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Today I am talking about a country that doesn't enter the popular narrative in the offshore space - Taiwan. There are certain tax benefits and opportunities in this country that certain people can take advantage of.

On the surface Taiwan is not a low tax place. There are management and control rules, as well as CFC rules in place. So why should one consider Taiwan?

Well, there is a regime for foreigners who relocate to Taiwan, which is actually quite similar to the Beckham law in Spain.
If a foreigner relocates to Taiwan and qualifies under a certain regime (work visa), and spends at least 183 days in the country they can benefit from the special tax benefit that will allow them to pay half the normal tax rate if they make over 3 million Taiwanese dollars on the local income. Foreign earned income is not taxed at all!

This means that if you have foreign dividend income or foreign capital gains income you will be paying no taxes on those!

Unfortunately this favourable tax regime only lasts for a period of 5 years.
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Introducing Michael Rosmer, the true modern-day Renaissance man and international entrepreneur, who has been mentored under top international tax attorneys.
He is widely regarded as the foremost international tax expert for legal cross-border tax planning, with extensive experience in immigration, residency, and second citizenship for those seeking a plan B, asset protection, global offshore banking, and payment processing.

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