Small countries have long sold residency and passports to those with spare money willing to invest. Some of those are now essentially worthless with travel restrictions implemented due to the coronavirus. That’s why the ultra-wealthy seek out services of people like David Lesperance, a lawyer who’s made a decades-long career […]
In 2017, Italy imposed a low flat tax for new residents in hopes of attracting wealthy people, but interest in the program has been limited. Silvio Berlusconi, the former prime minister of Italy who was convicted of tax fraud, is proposing a flat tax country-wide. An Italian general election will […]
Prime minister Malcolm Turnbull believes “Australians can win” in the global war for business investment. Speaking to Business Insider in a Facebook Live interview on Wednesday, Turnbull said that it doesn’t make sense for Australia to have a tax rate of 30% if the US — the largest market in […]
The average US household pays over $5,700 in...