The story of Philip | His motivation was not to save on taxes, but in the end...

The story of Philip | His motivation was not to save on taxes, but in the end...

The story of Philip, a client of one of the tax lawyers in our network, shows that people move to places like Monaco, Dubai or Singapore, not just for tax reasons.

In fact, it is not even necessary to move to total tax havens to pay zero taxes, but the same result can be achieved also using
formally high taxation countries, but with international tax planning.

But back to Philip.

Philip is a 46-year-old successful entrepreneur, born and raised in a European Union State, who has found himself in two unpleasant situations in the last 5 years.

In both cases he was attacked and robbed, the first time in London and the second time in Paris, and in the latter case he was with
his wife, who suffered sexual harassment during the crime.

A month after the second episode, Philip decided that he would move to a safer place, and, with the help of a team of international tax lawyers, evaluated 3 destinations, Monaco, Dubai and Singapore.

One thing is certain, no one will ever lift a finger towards you in those places, or endanger your safety or that of your loved ones.

Security in those countries is always guaranteed by the local government.

Suffice it to say that in Dubai most people do not even close their home doors, since they have nothing to fear, and that you will never even be verbally offended, not even mildly, since verbal offenses are not tolerated.

Singapore and Monaco are also extremely safe.

In Monaco there are in fact surveillance cameras everywhere, which dissuade anyone from committing crimes, and the police forces are even oversized; in fact we are talking about one police officer for every 100 inhabitants.

Today Philip lives in one of the 3 countries mentioned above and could not be happier, with the figures he saves in taxes he could invest in real estate every year, but above all, since for him this is the most important thing, neither he nor his wife, nor either of his two daughters, risk misadventures like the ones mentioned.

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