Jurisdictions news

15.02.2024 Jersey discusses changes to CRS and FATCA rules

The Island of Jersey has begun discussing possible changes to its rules for the automatic exchange of information on tax payments (AEOI), which comply with the OECD General Reporting Standard (CRS) and the American Financial Accounts Tax Compliance Act (FATCA).

14.02.2024 South Africa plans to introduce a visa for "digital nomads"

The South African government has announced changes to its visa policy. It is planned to introduce special visas for foreign remote employees and freelancers working for foreign companies.

12.02.2024 Is Hong Kong introducing a global minimum tax?

The Hong Kong government is starting to discuss proposals for a global minimum tax of 15% and a domestic additional tax, which are planned to be introduced from 2025 for international companies.

07.02.2024 Canada prohibits the purchase of real estate for foreigners

According to the statement of the Deputy Prime Minister of Canada, foreign citizens and foreign companies will not be able to buy residential real estate in Canada until 2027.

06.02.2024 The EU will force the adoption of provisions on minimum corporate tax

The European Commission has begun to take measures against member States that have not yet fulfilled the requirements for the introduction of a 15% minimum corporate tax provided for by the international agreement of the OECD and G20 countries under Component 2.

05.02.2024 TOP 15 safest countries in the world in 2024

The Numbeo data aggregator website has compiled a rating of the world's countries in terms of security in 2024 among 146 countries.

04.02.2024 Malta has launched a new immigration program

In January 2024, Malta launched the Professionals Initiative (SEI), which provides an alternative immigration route for highly qualified third-country nationals.

01.02.2024 The UAE does not plan to introduce income tax

The UAE does not intend to introduce an income tax on individuals

30.01.2024 Cayman Islands leave the EU Grey list

The exclusion of the Cayman Islands from the list of EU jurisdictions with deficiencies in AML/CFT regimes (countering money laundering and terrorist financing – Approx.) will enter into force on February 7, 2024.

26.01.2024 On a golden UAE visa for each buyer of real estate?

Buyers of real estate in Dubai are no longer required to make a minimum down payment of 1 million dirhams to be eligible for a "golden visa", as the government has relaxed the requirements for real estate investors.

25.01.2024 The consumer price aggregator website Numbeo has compiled a ranking of the world's cities by cost of living in 2024.

The consumer price aggregator website Numbeo has compiled a ranking of the world's cities by cost of living in 2024.

22.01.2024 Germany has adopted a law on second citizenship

The Bundestag discussed in the second and final, third reading and voted for the reform of the German citizenship law. At the request of the opposition, the vote was carried out by roll-call.

19.01.2024 The EU will ban cash payments over 10 thousand euros

The European Union will ban cash payments in the amount of more than 10 thousand euros.

18.01.2024 Corporate tax in Bermuda

Bermuda will introduce a corporate tax from January 2025.

12.01.2024 Global Minimum Tax

The OECD has released a working paper on the Global Minimum Tax.

11.01.2024 Greek golden visa at the old price

Greece has extended the validity of the Immigration Code until March 31, 2024.

10.01.2024 Is Saudi Arabia getting off the "oil needle"?

Saudi Arabia has placed $12 billion in dollar bonds. It was the kingdom's biggest release since 2017.

09.01.2024 Portugal changes the citizenship law?

The Portuguese Parliament has approved amendments to the country's citizenship law, which will allow residents to start counting down the required five years to obtain citizenship from the date of applying for a residence permit, rather than from the date of its approval.

27.12.2023 Residence permit and work permit in the EU at the same time?

The European Union will simplify the rules of employment for citizens of third countries. Now it will be possible to obtain a work permit and a residence permit at the same time.

20.12.2023 Ambiguity of American Corporate Transparency Act

On January 1, 2024, the Federal Law on Corporate Transparency comes into force in the United States, which obliges millions of legal entities to register their beneficial owners with the Financial Crimes Enforcement Agency of the U.S. Treasury (FinCEN).

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