At Travels & Savings, we're your financial compass for global living. Whether you're a digital nomad, an expat, or an international investor, our expert guidance simplifies the complexities of international taxation. We empower you to save more while exploring the world. Welcome to financial security and wanderlust fulfillment with Travels & Savings.
We are a network of professionals bringing years of experience from prestigious institutions. Our backgrounds showcase a deep understanding of international taxation, legal intricacies, and financial strategies. Our experts work closely with each client to analyse their unique scenario and tailor a tax and financial plan that suits their specific needs, ultimately maximizing their savings.
Our Mission Is To Empower Individuals To Embark On Unforgettable Experiences While Optimising Their Finances, Achieving Financial Freedom, And Breaking Free From Conventional Work, So They Can Live Life To The Fullest And Explore The World On Their Terms.
Are you a Global Entrepreneur, a Digital Nomad, an expat, or simply someone with a global mindset seeking to optimize your financial situation while living and working in different countries? At Travels and Savings, we're your trusted partner in navigating the complex world of international taxation, helping you unlock the potential for significant tax savings.
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We'll help you determine your optimal tax residency and domicile status, ensuring that you're taxed at the most favorable rates while meeting all legal requirements. We are international experts in seeking the best country to choose as your residency or in finding the best citizenship by investment program available.
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We are experts in safeguarding your wealth and assets through our expert advice on international asset protection strategies, providing peace of mind for your financial future.
We provide plans for future generations with comprehensive estate and inheritance strategies that help preserve your wealth for your loved ones.
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Country Focus
Taxes and Savings
Wealth Protection
The UK government is in the process of abolishing the non-domiciled (non-dom) tax regime, prompting over 10,000 wealthy families to seek alternative tax-friendly countries. Singapore is emerging as a top destination due to its territorial tax system, international appeal, strong healthcare, and educational institutions. Singapore’s territorial tax system only taxes income generated within the country, making it ideal for individuals without economic ties to Singapore.
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Country Focus
Taxes and Savings
Wealth Protection
In the next 5 to 10 years, Saudi Arabia is set to become a top destination for High Net Worth Individuals (HNWIs) and Ultra High Net Worth Individuals (UHNWIs). As part of Vision 2030, the Kingdom is diversifying its economy and building an exclusive environment for wealth management. With luxury real estate, world-class healthcare, and elite universities, Saudi Arabia offers a more exclusive option than Dubai, making it an attractive hub for global wealth migration.
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Taxes and Savings
Wealth Protection
Citizenship and Residency
Relocating from the UK to Dubai offers a unique opportunity to benefit from Dubai’s 0% personal income tax. To qualify as a tax resident, you need a residency permit, which can be obtained through real estate investment. The minimum investment starts at approximately USD $500,000, with a straightforward application process. However, purchasing property is just the beginning. Comprehensive wealth management and tax planning are essential to optimize the move. Here are key considerations:
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Taxes and Savings
Country Focus
Italy offers a unique tax regime for High Net Worth Individuals (HNWIs), providing attractive incentives for individuals relocating to the country while preserving their foreign income. At Travels & Savings, The Tax Firm for Global Citizens, we delve into the recent updates to Italy’s HNWI special tax regime and how these changes impact eligible taxpayers.
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Throughout a typical lifetime, about 50% of an individual's wealth is taken by the government through taxes, significantly hindering wealth accumulation and impacting financial goals. However, the current global environment offers unique opportunities to legally reduce this burden. By strategically choosing tax residencies abroad and using offshore financial structures, individuals can lower their tax liabilities. These approaches not only protect your wealth but also accelerate its growth, ensuring greater financial security for your family.
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When it comes to tax planning, US citizens have several options to reduce their tax burden. Here are three strategies, ranked from the most drastic to the less aggressive, to help you minimize your taxes.
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Estate planning is crucial for wealthy families with global assets to ensure a tax-efficient transfer of wealth and protection of assets across borders. This involves strategic use of trusts, compliance with international laws, and robust risk management.
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For high-net-worth individuals (HNWIs), international tax planning is essential to optimize tax liabilities and maximize wealth. This involves understanding global tax obligations, utilizing tax treaties, and strategically managing offshore investments.
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