Residence and Citizenship by Investment Programs

www.internationalresidency.com CITIZENSHIP BY INVESTMENT PROGRAMS

Antigua& Barbuda 02

Cyprus 03

Dominica 04

Grenada 05

Malta 06

Moldova 07

Montenegro 08

Turkey 09

St. Kitts 10

St. Lucia 11

RESIDENCY BY INVESTMENT PROGRAMS

Canada 12

Greece 13

Malta 14

Portugal 15

Spain 16

USA 17

United kingdom 18 Antigua and Barbuda

Capital City Language GDP $ St John's English 2.39 Billion (2017 est.) Currency Population Eastern Caribbean Dolar GDP per Capita 94,731 ( 1 US$ = 2.7 EC$ ) $26.300 (2017 est.) Geographic Location Political System National Anthem 17 07 N, 61 51 W Parliamentary democracy ‘’Fair Antigua, We Salute ee’’ (1967) under constitutional monarchy Area Legal System Independence Day 442.6 sq km Common Law based on English Model 1 November 1981 ( from the UK ) Country Proﬁle

Corporate Income Tax 25% Antigua & Barbuda (%0 for international business companies) Citizenship by Investment Program Officlal Government Website: http://cip.gov.ag Withholding Tax on Dividends (Res. / Non Res.) Investment Type (Minimum amounts indicated) 0% / 25% Donation to National Developmet Fund (NDF) $100.000 Real Estate Investment $400,000 (+ $50,000 Government Fees) Withholding Tax $400,000 individual (min $5,000,000) on Interests Business Investment (Res. / Non Res.) 0% / 25% Restriction on dual citizenship No Withholding Tax on Royalties Physical presence requirement Minimum 5 days within initial 5 days acquiring citizenship (Res. / Non Res.) 0% / 25% Estimated Application Fees Capital Gain Tax Government Fees $25.000 No Due Diligence Fees $7500 and above Personal Income Tax Passport Fees $300 per applicant (Res/ Non Res) No Bank fees $ 250 minimum Consulting Fees Varies between $20,000 and $50,000 Property Tax / Property Transfer Tax 0.1 % -0.5% / 0 Estimated Cost (Donation / Real Estate)

Tax Information Tax (Stamp duty 7.5% by seller, 2,5% by buyer. Single Applicant $133,000 / $458,000 (+ Consulting Fees, RE Fees) Nonresidents pay 5% alien landholding license fee) Family of 4 Application (2 children under 18) $144,000 +$469,000 (+ Consulting Fees, RE Fees)

Inheritance Tax / Estate Tax No Visa free travel number of countries 140 countries including the UK, Europe's Schengen area, Singapore, and Hong Kong

VAT %15 Residency requirement for citizenship By investment : 5d / Legal Residence :7 years

02 www.internationalresidency.com Cyprus

Capital City Language GDP $ Nicosia (Lefkosia) Greek (Officlal), Turkish (Official), $ 31.19 Billion English (2017 est.) Population 1,221,549 Currency GDP per Capita (2017 est.) Euros $36.600 Geographic Location 35 10 N, 33 22 E Political System National Anthem Presidential democracy "Ymnos eis tin Eleftherian" (1960) Area 9,251 sq km Legal System Independence Day (including North Cyprus) English Common Law, Civil Law of EU 1 October 1960 (from the UK) Country Profile

Corporate Income Tax Cyprus 12,50%

Citizenship by Exception Withholding Tax Officlal Government Website: http://www.moi.gov.cy on Dividends (Res. / Non Res.) 17% / 0% Investment Type (Minimum amounts indicated) (conditions apply) Real Estate Investment EUR 2 Million Withholding Tax Financial Investment EUR 2 Million on Interests Business Investment EUR 2 Million (Res. / Non Res.) 30% / 0%

(conditions apply) Tax Information Restriction on dual citizenship No Withholding Tax on Royalties Physical presence requirement No (Res. / Non Res.) 0% / 5% - 10% (conditions apply) Estimated Application Fees Government Fees EUR 7,820 Capital Gain Tax 20% for real estate - Due Diligence Fees 0 0% for company shares

Passport / PR Card Fees EUR 120 per applicant / EUR 80 per applicant Personal Income Tax Bank fees Varies (Res/ Non Res) Consulting Fees EUR 50,000 - EUR 75,000 Progressive up to 35% (ﬁrst EUR 19,500 exempt)

Property Tax / Estimated Cost (Donation / Real Estate) Property Transfer Tax Single Applicant EUR 2,640,000 (inclusive of Consulting, RE Fees) 0% / 3%-8% (100% exemption if there Family of 4 Application (2 children under 18) EUR 2,750,000 (inclusive of Consulting, RE Fees) is VAT on property)

Inheritance Tax / Estate Tax Visa free travel number of countries 171 No

VAT Residency requirement for citizenship By investment : N/A / Other :7 years 19%

www.internationalresidency.com 03 Dominica

Capital City Language GDP $ Roseau English $ 851 Million (2017 est.) Population Currency 73,897 Eastern Caribbean Dolar GDP per Capita (2017 est.) ( 1 US$ = 2.7 EC$ ) $12.000

Geographic Location Political System National Anthem 15 18 N, 61 24 W Parliamentary Republic Isle of Beauty (1967)

Area Legal System Independence Day 751 sq km Common Law based on English Model 3 November 1978 (from the UK) Country Proﬁle

Corporate Income Tax 25% Commonwealth of Dominica Citizenship by Investment Program Withholding Tax Officlal Government Website:https://cbiu.gov.dm on Dividends (Res. / Non Res.) Investment Type (Minimum amounts indicated) 0% / 15% DonatIion to Econ. Diversification Fund (EDF) $100.000

Withholding Tax Real Estate Investment $200,000 (+$25,000 - $70,000 Government Fees) on Interests (Res. / Non Res.) 0% / 15% Restriction on dual citizenship No Withholding Tax on Royalties Physical presence requirement No (Res. / Non Res.) 0% / 15% Estimated Application Fees Capital Gain Tax Government Fees $1.000 No Due Diligence Fees $7,500 and above Personal Income Tax Passport and Certificate of Naturalization Fees $1,450 per applicant (Res/ Non Res) Bank fees $ 250 minimum Progressive up tp 35% (Worldwide / Dominica sourced) Consulting Fees Varies between $20,000 and $50,000

Property Tax / Estimated Cost (Donation / Real Estate) Property Transfer Tax Tax Information Tax 0% / 6.95% Single Applicant $110,000 / $235,000 (+ Consulting Fees, RE Fees) (Stamp duty 2.5% by seller, 4% by buyer) Family of 4 Application (2 children under 18) $218,500 / $253,500 (+ Consulting Fees, RE Fees)

Inheritance Tax / Estate Tax No Visa free travel number of countries 119 countries including the Schengen area, the UK

VAT %15 Residency requirement for citizenship By investment : N/A / Legal Residence : 5 years

04 www.internationalresidency.com Grenada

Capital City Language GDP $ Saint George's English $1,59 Billion (2017 est.) Population Currency 111,724 Eastern Caribbean Dolar GDP per Capita (2017 est.) ( 1 US$ = 2.7 EC$ ) $14.700

Geographic Location Political System National Anthem 12 03 N, 61 45 W Parliamentary democracy "Hail Grenada" (1974)

Area Legal System Independence Day 344 sq km Common Law based on English Model 7 February 1974 (from the UK) Country Proﬁle

Corporate Income Tax Grenada 30% Citizenship by Investment Program Withholding Tax Officlal Government Website:http://www.cbi.gov.gd on Dividends (Res. / Non Res.) Investment Type (Minimum amounts indicated) 0% / 15% Contri. to National Transformation Fund (NTF) $150.000 Withholding Tax Real Estate Investment $350,000 + $50,000 Government Fees on Interests (Res. / Non Res.) 0% / 15% Tax Information Restriction on dual citizenship No Withholding Tax on Royalties Physical presence requirement No (Res. / Non Res.) 0% / 15%

Estimated Application Fees Capital Gain Tax Government Fees $3.000 No $5.000 Due Diligence Fees Personal Income Tax Passport Fees $270 per applicant (Res/ Non Res) Bank fees $ 250 minimum Progressive up to 30% Consulting Fees Varies between $20,000 and $50,000 Property Tax / Property Transfer Tax 0%-0.5% / 5%-15% Estimated Cost (Donation / Real Estate) payable by seller Single Applicant $158,500 / $408,500 (+ Consulting Fees, RE Fees) (10% alien landholding license for non res.) Family of 4 Application (2 children under 18) $221,500 / $421,500 (+ Consulting Fees, RE Fees)

Inheritance Tax / Estate Tax Visa free travel number of countries 131 countries including the Schengen area, the UK, China and Russia No

VAT Residency requirement for citizenship By investment : N/A /Legal Residence: 7 years (4 years for Caribbeans) %15

www.internationalresidency.com 05 Malta

Capital City Language GDP $ Valletta Maltese, English $18,53 Billion (2017 est.) Population Currency 416,338 Euros GDP per Capita (2017 est.) $42.500

Geographic Location Political System National Anthem 35 53 N, 14 30 E Parliamentary Republic "L-Innu Malti" (1945)

Area Legal System Independence Day 316 sq km English Common Law, 21 September 1964 (from the UK) Country Proﬁle Civil Law of EU, Roman Codes

Corporate Income Tax 35% Malta Individual Investor Program Withholding Tax Officlal Government Website: http://iip.gov.mt on Dividends (Res. / Non Res.) %0 with conditions Investment Type (Combined) (Minimum amounts indicated) Contribution to Economic & Social Dev. Fund EUR 650,000 and above Withholding Tax Real Estate Investment EUR 150,000 on Interests Business Investment EUR 350,000 or 5 year rental contract 0f EUR 16,000 / y (Res. / Non Res.) %0 with conditions Restriction on dual citizenship No Withholding Tax on Royalties (Res. / Non Res.) Physical presence requirement Min. 14 nights within 12 months residency before app. %0 with conditions Estimated Application Fees Capital Gain Tax Government Fees EUR 10,000 deposit towards contribution 8% Due Diligence Fees EUR 7,500 and above Personal Income Tax Passport Fees EUR 500 per applicant (Res/ Non Res) Bank fees EUR 200 Progressive up to 35% (15% ﬂat for some High Executives) Consulting Fees Varies between 50,000 EUR and 100,000 EUR

Property Tax / Estimated Cost (RE Rent / RE Purchase)

Tax Information Tax Property Transfer Tax Single Applicant EUR 904,000 / EUR 1,158,000 (+ Consulting Fees, RE Fees) No / No (5% stamp duty) Family of 4 Application (2 children under 18) EUR 988,500 / EUR 1,242,500 (+ Consulting Fees, RE Fees) Inheritance Tax / Estate Tax No Visa free travel number of countries over 173 countries including Canada, USA

VAT %18 Residency requirement for citizenship By investment : 12 Months /Legal Residence :5 y (18 years in practice)

06 www.internationalresidency.com Moldova

Capital City Language GDP $ Chisinau in Romanian Moldovan/Romanian (official),Russian, $20.08 billion (Kishinev in Russian) Gagauz,Ukrainian,Bulgarian,Romani (2017 est.) Population Currency GDP per Capita 3,474,121 Moldovan Leu $5,700 (2017 est.) Political System Geographic Location Parliamentary republic National Anthem 47 00 N, 28 51 E "Limba noastra" (Our Language) Legal System Area Civil law system with Germanic law Independence Day 33,851 sq km influences 27 August 1991 (from the Soviet Union) Country Profile

Corporate Income Tax Moldova 12% Citizenship by Investment Program (MCBI) Withholding Tax on Dividends (Res. / Non Res.) Investment Type (Minimum amounts indicated) 6% Donation to Public Investment Fund (PIF) 100,000 EUR (for single applicant) Withholding Tax 115,000 EUR (for couple) on Interests 145,000 EUR (Family of 4) (Res. / Non Res.) 12%

Government Service Fees 35,000 EUR per application Tax Information

Restriction on dual citizenship Yes (Exception on CIP) Withholding Tax on Royalties (Res. / Non Res.) Physical presence requirement No 12%

Estimated Application Fees Capital Gain Tax only 50% of capital gain is Government Fees 5,000 EUR (main applicant) 2,500 EUR (spouse) considered taxable at regular 1,000 EUR (each dependent child under 29), income tax rate 5,000 EUR (dependent parent over 55) Personal Income Tax Due Diligence Fees starting from 6,000 EUR (Res/ Non Res) Passport Fees 300 EUR per person 7% and 18%

Bank fees Property Tax / Consulting Fees Property Transfer Tax 0.1 - 1.3% Estimated Cost (Donation / Real Estate) Single Applicant EUR 186,300 Inheritance Tax / Estate Tax Family of 4 Application (2 children under 16) EUR 232,200 N/A / 0.8% for properties over 1.5 M Leu Visa free travel number of countries 101 VAT 20% (8% for certain goods Residency requirement for citizenship 10 years by residence and services)

www.internationalresidency.com 07 Montenegro

Capital City Language GDP $ Podgorica Montenegrin (oﬃcial),Serbian, $11.05 Billion Bosnian,Albanian,Serbo-Croa (2017 est.) Population GDP per Capita 642,550 Currency $17,700 (2017 est.) Euro National Anthem Geographic Location Political System "Oj, svijetla majska zoro" (Oh, Bright Dawn of May) 42 26 N, 19 16 E Parliamentary republic Independence Day Area Legal System 3 June 2006 13,812 sq km Civil law (from the State Union of Serbia and Montenegro) Country Proﬁle

Corporate Income Tax 9% Montenegro Citizenship by Investment Program Withholding Tax (Program start date January 2019) on Dividends (Res. / Non Res.) 9% Investment Type (Proposed) (Minimum amounts indicated) Touristic Hotel Investments On the southern coast of Montenegro and Podgorica: Minimum Withholding Tax 60 rooms 5 Star Hotel with at least 15 Million EUR investment and on Interests 80 employees (Res. / Non Res.) 9% On the northern Montenegro: Minimum 35 rooms 4 Star Hotel with at least 5 Million EUR investment and 25 employees. Withholding Tax Contribution EUR 100,000 on Royalties (Res. / Non Res.) a) Investment in Southern Montenegro & Podgorica EUR 450,000 9% b) Investment in Northern Montenegro EUR 250,000

Capital Gain Tax Restriction on dual citizenship Yes (Exemption on CIP) 9% Physical presence requirement No

Personal Income Tax Estimated Application Fees (Res/ Non Res) Government Fees EUR 15,000 Main Applicant 9 to 11% EUR 10,000 Family Members Up to 4 EUR 50,000 Additional Family Members Property Tax / Property Transfer Tax 0.25 - 1 % / 3% Tax Information Tax

Inheritance Tax / Estate Tax 3% Visa free travel number of countries 107 VAT 21% (7% for certain goods and services) Residency requirement for citizenship 10 years by residence / N/A by Investment route

08 www.internationalresidency.com St.Kitts and Nevis

Capital City Language GDP $ Basseterre English $1,528 Billion (2017 est.) Population Currency 52,715 Eastern Caribbean Dolar GDP per Capita (2017 est.) ( 1 US$ = 2.7 EC$ ) $26.800 Political System Geographic Location Fed. Parliamentary Democracy National Anthem 17 18 N, 62 43 W under const. monarchy "Oh Land of Beauty!" (1983) Area Legal System Independence Day 261 sq km English Common Law 19 September 1983 (from the UK) Country Proﬁle

Corporate Income Tax St.Kitts & Nevis 33% Citizenship by Investment Program Withholding Tax Officlal Government Website:https://www.ciu.gov.kn on Dividends (Res. / Non Res.) Investment Type (Minimum amounts indicated) 0% / 15% Donation to Sustainable Growth Fund (SGF) $150.000 Real Estate Investment $400,000 (+$35,047 and above Government Fees) Withholding Tax on Interests (Res. / Non Res.) 0% / 15% Tax Information Restriction on dual citizenship No Withholding Tax on Royalties Physical presence requirement Minimum 5 days within initial 5 days acquiring citizenship (Res. / Non Res.) 0% / 15%

Estimated Application Fees Capital Gain Tax Government Fees 0 No tax unless asset is sold within one year of purchase Due Diligence Fees $7500 and above Passport Fees $355 per applicant Personal Income Tax Bank fees $ 250 minimum (Res/ Non Res) Consulting Fees Varies between $20,000 and $50,000 No

Property Tax / Estimated Cost (Donation / Real Estate) Property Transfer Tax Single Applicant $133,000 / $458,000 (+ Consulting Fees, RE Fees) 0.2%-0.3% / 6%-10% payable by seller Family of 4 Application (2 children under 18) $208,000 / $488,000 (+ Consulting Fees, RE Fees) Inheritance Tax / Estate Tax Visa free travel number of countries 141 countries including Hong Kong, Singapore,Russia, the UK, and Europe’s Schengen area No

VAT Residency requirement for citizenship By investment : N/A / Legal Residence :14 years %17

www.internationalresidency.com 09 St.Lucia

Capital City Language GDP $ Castries English $2,384 Billion (2017 est.) Population Currency 164,994 Eastern Caribbean Dolar GDP per Capita (2017 est.) ( 1 US$ = 2.7 EC$ ) $13.500 Political System Geographic Location Parliamentary democracy National Anthem 14 00 N, 61 00 W under constitutional monarchy "Sons and Daughters of St. Lucia" Area Legal System Independence Day 616 sq km English Common Law 22 February 1979 (from the UK) Country Proﬁle

Corporate Income Tax 30% Saint Lucia Citizenship by Investment Program Withholding Tax on Dividends Officlal Government Website: https://www.cipsaintlucia.com (Res. / Non Res.) 0% / 0% Investment Type (Minimum amounts indicated) Donation to National Economic Fund (NEF) $100.000 Withholding Tax on Interests Real Estate Investment $300,000 (+ $50,000 Government Fees) (Res. / Non Res.) Entreprise Investment $3.500.000 0% / 15%

Withholding Tax Restriction on dual citizenship No on Royalties (Res. / Non Res.) 10% / 15% (Caribbeans) - Physical presence requirement Minimum 5 days within initial 5 days acquiring citizenship 25% (Other nationalities) Estimated Application Fees Capital Gain Tax No Government Fees $2,000 and avove Due Diligence Fees $7,500 and above Personal Income Tax (Res/ Non Res) Passport Fees $300 per applicant Progressive up to 30% Bank fees $ 250 minimum (Worldwide / St Lucia sourced) Consulting Fees Varies between $20,000 and $50,000 Property Tax / Property Transfer Tax Estimated Cost (Donation / Real Estate) 0.25% - 0.4% (commercial property) Tax Information Tax 2.5%-5% for seller - 2% buyer Single Applicant $110,000 / $360,000 (+ Consulting Fees, RE Fees) (7.5% alien landholding license for non res.) Family of 4 Application (2 children under 18) $209,000 / $454,000 (+ Consulting Fees, RE Fees)

Inheritance Tax / Estate Tax No Visa free travel number of countries 132 countries, including Europe’s Schengen area,the UK, Hong Kong, Singapore

VAT %12,50 Residency requirement for citizenship By investment : N/A / Legal Residence :8 years

10 www.internationalresidency.com Turkey

Capital City Language GDP $ Ankara Turkish $2.173 trillion (2017 est.) Population Currency 80,845,215 Turkish Lira GDP per Capita (2017 est.) $26,900 Political System Geographic Location Parliamentary republic National Anthem 39 56 N, 32 52 E "Istiklal Marsi" (Independence March) (1921) Legal System Area Civil Law based on various European Independence Day 783,562 sq km legal systems, notably the Swiss civil code 29 October 1923 (Republic Day) Country Proﬁle

Corporate Income Tax Turkey 22% Citizenship by Investment Program Withholding Tax on Dividends (Res. / Non Res.) Investment Type (Minimum amounts indicated) 15% with conditions Financial Investment USD 500,000 (3 years hold time) Withholding Tax Real Estate Investment USD 250,000 (3 years hold time) on Interests (Res. / Non Res.) %10 with conditions Tax Information Restriction on dual citizenship No Withholding Tax on Royalties Physical presence requirement No (Res. / Non Res.) %20 with conditions

Estimated Application Fees Capital Gain Tax Government Fees Approximately USD 500 pp 20%

Due Diligence Fees N/A Personal Income Tax Passport Fees 764 TRL per person (approximately USD 125 pp) (Res/ Non Res) Health insurance Approximately USD 750 pp annual Progressive from 15% to 35%

Consulting Fees 10,000 USD - 20,000 USD Property Tax / Property Transfer Tax 2% Buyer - %2 Seller Estimated Cost (RE Purchase) Single Applicant $271,375 Inheritance Tax / Estate Tax Family of 4 Application (2 children under 18) $284,000 Gift tax between 10% and 30%, and inheritance tax between 1% and 10% Visa free travel number of countries Over 100 VAT 18% in general Residency requirement for citizenship 5 years by residency / 6 months by investment (%8 and %1 for some items)

www.internationalresidency.com 11 Canada

Capital City Language GDP $ Ottawa English (official),French (official) $1.769 Trillion Currency (2017 est.) Population Canadian Dollar GDP per Capita 35,623,680 Political System $48,300 (2017 est.) Federal parliamentary democracy (2017 est.) (Parliament of Canada) under a National Anthem Geographic Location constitutional monarchy 45 25 N, 75 42 W Legal System "O Canada" Common law system except in Quebec, Independence Day Area where civil law based on the French 1 July 1867 (union of 9,984,670 sq km civil code prevails British North American colonies) Country Profile

Corporate Income Tax 15% Federal + 11.5% to 16% Provincial Canada Investment Immigration Program (QIIP) Withholding Tax Official site: http://www.immigration-quebec.gouv.qc.ca/en/ on Dividends (Res. / Non Res.) 25% Investment Type (Minimum amounts indicated) Financial Investment 1,200,000 CAD (5-years non-interest bearing Qubec Withholding Tax Government Bond) (Financing available by authorized on Interests (Res. / Non Res.) ﬁnancial intermediaries) 25% Requirements Qualifying management experience of 2 years out of Withholding Tax on Royalties past 5 past before applying (Res. / Non Res.) Net assets of 2,000,000 CAD 25% Have the intention to settle in Quebec Capital Gain Tax 50% of capital gain is taxed Physical presence requirement 2 years in every 5 years to maintain permanenet at individuals income tax rate residence status (PR) Personal Income Tax Estimated Application Fees (Res/ Non Res) Quebec Government Fees 15,235 CAD Federal progressive up to 33% + Provincial between 11.5% and 25.75% Federal Government Fees 1,540 CAD (applicant) 1,040 CAD (spouse), 150 CAD per child Legal / Consulting Fees 10,000 CAD - 15,000 CAD Property Tax / Estimated Cost Property Transfer Tax

Tax Information Tax Varies by each Province Single Applicant (Investment) 1,226,775 CAD Family of 4 Application (Investment) 1,233,115 CAD Inheritance Tax / Estate Tax N/A Visa free travel number of countries VAT Federal Goods and Services Tax 5% + Provincial Sales tax from 0% to 8% Residency requirement for citizenship 3 years within 5 years after receiving PR status

12 www.internationalresidency.com Greece

Capital City Language GDP $ Athens Greek $298.7 Billion (2017 est.) Population Currency 10,768,000 Euro GDP per Capita (2017 est.) $27.700

Geographic Location Political System National Anthem 37 59 N, 23 44 E Parliamentary Republic "Ymnos eis tin Eleftherian" (Hymn to Liberty) (1864)

Area Legal System Independence Day 131,957 sq km Civil legal system based on Roman Law 25 March 1821 Country Proﬁle

Corporate Income Tax Greece 29,00% Golden Visa Program Officlal Government Website: www.mfa.gr/usa/en/ Withholding Tax on Dividends (Res. / Non Res.) Investment Type (Combined) (Minimum amounts indicated) 15% for non-residents Real Estate Investment 250,000 EUR Financial Investment 400,000 EUR (Proposed) Withholding Tax on Interests Business Investment 250,000 EUR (Res. / Non Res.) 15% for non-residents Tax Information

Withholding Tax on Royalties Physical presence requirement No (Res. / Non Res.) 20% for non-residents

Estimated Application Fees Capital Gain Tax Government Fees 516 Euro per person 29% Due Diligence Fees N/A Personal Income Tax Consulting Fees 10,000 - 15,000 Euro (Res/ Non Res) Progressive from 22% to 45%

Property Tax / Property Transfer Tax Estimated Cost (Real Estate Investment) 3% Single Applicant 282,316 Euro Inheritance Tax / Estate Tax Family of 4 Application (2 children under 18) 289,341 Euro From 1% to 10% on tax value of real estate / No Visa free travel number of countries VAT 24% (for certain goods and Residency requirement for citizenship 7 years services 13% or 6%)

www.internationalresidency.com 13 Malta

Capital City Language GDP $ Valletta Maltese, English $18,53 Billion (2017 est.) Population Currency 416,338 Euros GDP per Capita (2017 est.) $42.500

Geographic Location Political System National Anthem 35 53 N, 14 30 E Parliamentary Republic "L-Innu Malti" (1945)

Area Legal System Independence Day 316 sq km English Common Law, 21 September 1964 (from the UK) Country Proﬁle Civil Law of EU, Roman Codes

Corporate Income Tax 35% Malta MRVP Malta Residence & Visa Programme Withholding Tax on Dividends (Res. / Non Res.) %0 with conditions Investment Type (Combined) (Minimum amounts indicated) Real Estate Investment EUR 320,000 or 5-yr rental contract of EUR 12.000 / y Withholding Tax Financial Investment EUR 250,000 (5 years hold time on Interests Contribution EUR 30,000 (Res. / Non Res.) %0 with conditions Restriction on dual citizenship Withholding Tax on Royalties Physical presence requirement No (Res. / Non Res.) %0 with conditions Estimated Application Fees Capital Gain Tax Government Fees EUR 5.500 deosit towards contribution (non-refundable) 8% Health Insurance EUR 400 per person

Personal Income Tax Consulting Fees EUR 15,000 - 25,000 (Res/ Non Res) Progressive up to 35% (15% ﬂat for some High Executives)

Property Tax / Estimated Cost (RE Rent / RE Purchase)

Tax Information Tax Property Transfer Tax Single Applicant No / No (5% stamp duty) Family of 4 Application (2 children under 18) Inheritance Tax / Estate Tax No Visa free travel number of countries over 173 countries including Canada, USA

VAT By investment : 12 Months / %18 Residency requirement for citizenship Legal Residence :5 y (18 years in practice)

14 www.internationalresidency.com Portugal

Capital City Language GDP $ Lisbon Portuguese (Official), 313.4 Billion Mirandese (Official, but locally used) (2017 est.) Population 10,839,514 Currency GDP per Capita (2017 est.) Euro $30.400 (2017 est.) Geographic Location Political System National Anthem 38 43 N, 9 08 W Semi-presidential Republic ‘’A Portugesa’’ ( e Song of the Portuguese) Area Legal System Independence Day 92.212 sq km Civil Law 5 October 1910 Country Profile

Corporate Income Tax Portugal 21% Golden Visa Program Withholding Tax Official Government site: https://imigrante.sef.pt/en/ on Dividends (Res. / Non Res.) Investment Type (Minimum amounts indicated) 25% - 35% for non-residents Real Estate Investment EUR 350,000 - EUR 500,000 Financial Investment EUR 1,000,000 Withholding Tax on Interests (Res. / Non Res.)

25% - 35% for Tax Information non-residents Restriction on dual citizenship Withholding Tax Physical presence requirement on Royalties (Res. / Non Res.) 25% - 35% for Estimated Application Fees non-residents Government Fees EUR 5.723 per person ( 11.966 EUR over 5 years) Capital Gain Tax Due Diligence Fees N/A 28% on shares (exemptions apply) Passport Fees Bank fees Personal Income Tax (Res/ Non Res) Consulting Fees EUR 15,000 - EUR 25,000 Progressive up to 48%

Estimated Cost (Donation / Real Estate) Property Tax / Single Applicant EUR 568,000 Property Transfer Tax 6% / 0.3% - 0.8% Family of 4 Application (2 children under 18) EUR 610,000 Inheritance Tax / Estate Tax 10% stamp duty (exemptions apply) Visa free travel number of countries 132 countries, including Europe’s Schengen area,the UK, Hong Kong, Singapore VAT 23% (for certain goods and By investment : N/A / Legal Residence :5 years Residency requirement for citizenship services 13% or 6%)

www.internationalresidency.com 15 Spain

Capital City Language GDP $ Madrid Castilian Spanish (Oﬃcial Nationwide) $1.774 trillion 74%,Catalan, Galician, Basque (2017 est.) Population Currency GDP per Capita 48,958,159 Euro (2017 est.) $38,300 Political System (2017 est.) Parliamentary constitutional Geographic Location National Anthem monarchy 40 24 N, 3 41 W ‘’Himno Nacional Espanol’’ Legal System Area Civil law system with regional Independence Day 505,370 sq km variations 12 October 1492 Country Proﬁle

Corporate Income Tax 25% Spain

Withholding Tax Spain Golden Visa Program on Dividends (Res. / Non Res.) 19% for Investment Type (Minimum amounts indicated) non-residents Real Estate Investment EUR 500,000 Withholding Tax Financial Investment EUR 1,000,000 - EUR 2,000,000 on Interests (Res. / Non Res.) 19% for non-residents

Withholding Tax on Royalties (Res. / Non Res.) Physical presence requirement No 24% for non-residents Estimated Application Fees Capital Gain Tax Government Fees EUR 300 per person 25% Health Insurence Fees EUR 400 per person Personal Income Tax Consulting Fees EUR 15,000 - EUR 25,000 (Res/ Non Res) Progressive up to 19% to 14%

Property Tax / Estimated Cost (Donation / Real Estate) Property Transfer Tax 6% / up to 1.3% depending Single Applicant EUR 553,000 on region Family of 4 Application (2 children under 18) EUR 565,500 Inheritance Tax / Estate Tax From 7.65 to 34% Visa free travel number of countries 132 countries, including Europe’s Schengen area,the UK, Hong Kong, Singapore VAT 21%( 10% or 4% for certain Residency requirement for citizenship 10 years (Dual citizenship allowed only for select Latin American countries goods and services)

16 www.internationalresidency.com United Kingdom

Capital City Language GDP $ London English $2.914 Trillion (2017 est.) Population Currency 65,648,100 GBP / British Pound GDP per Capita (2017 est.) $44,100 Political System Geographic Location Parliamentary constitutional monarchy; National Anthem 51 30 N, 0 05 W a Commonwealth realm "God Save the Queen"

Area Legal System Independence Day 243,610 sq km Common law system N/A Country Proﬁle

Corporate Income Tax United Kingdom 19% Tier 1 Investor Programme (UKIIP) Withholding Tax Officlal Government Website: www.gov.uk on Dividends (Res. / Non Res.) Investment Type (Minimum amounts indicated) 20% Financial Investment 2.000.000 GBP (5 years hold time for ILR) Withholding Tax 5,000,000 GBP (3 years hold time for ILR) on Interests 10,000,000 GBP (2 years hold time for ILR) (Res. / Non Res.) 20% Tax Information Withholding Tax Physical presence requirement Minimum 183 days a year to obtain Indeﬁnete on Royalties (Res. / Non Res.) Leave to Remain (ILR) 20%

Estimated Application Fees Capital Gain Tax 10% for basic rate taxpayers, Government Fees 1,623 GBP pp (10,500 GBP + 2,233 GBP per person for 20% for high rate tax payers premium service) Personal Income Tax Health Insurance 600 GBP pp / 3 years (Res/ Non Res) Consulting Fees 10,000 GBP - 20,000 GBP Progressive from 20% to 45%

Property Tax / Property Transfer Tax Estimated Cost (2M GBP investment option) 0% (up to 125,000 GBP), 2%, 5%, 10%, 12% (over 1,5 M GBP) Single Applicant 2,025,000 GBP Family of 4 Application (2 children under 18) 2,042,000 GBP Inheritance Tax / Estate Tax 40% above 325,000 GBP Visa free travel number of countries VAT 20% (5% for certain goods Residency requirement for citizenship 9 months in every 12 months withing past 5 years before apply and services)

www.internationalresidency.com 17 USA

Capital City Language GDP $ Washington, DC English,Spanish, other Indo-European, $19.39 Trillion Asian and Paciﬁc island (2017 est.) Population GDP per Capita 326,625,791 Currency Dollar $59,500 (2017 est.) (2017 est.) Political System National Anthem Geographic Location Constitutional federal republic 38 53 N, 77 02 W " e Star-Spangled Banner" Legal System Independence Day Area Common law system 4 July 1776 (declared 9,833,517 sq km based on English common law independence from Great Britain) Country Proﬁle

Corporate Income Tax 21% USA

Withholding Tax Investment Immigration Program (EB5) on Dividends For more information: iresidency.us (Res. / Non Res.) 25% - 35% for Investment Type (Minimum amounts indicated) non-residents Regional Center Project Investment (RC) 500,000 USD (min. 5 years hold time) Withholding Tax Direct Entreprise Investment 1,000,000 USD on Interests (Res. / Non Res.) 25% - 35% for non-residents Requirement 10 full time job creation Withholding Tax on Royalties Physical presence requirement Yes. Residential ties within USA must be established (Res. / Non Res.) 25% - 35% for non-residents Estimated Application Fees Capital Gain Tax Government Fees 3,675 USD for I526, 3,750 USD for I829 28% on shares Legal Fees 15,000 USD - 25,000 USD (depends on Law Firm) (exemptions apply) RC Administrative Fees 40,000 USD - 60,000 USD (depends on RC) Personal Income Tax (Res/ Non Res) Progressive up to 48%

Property Tax / Estimated Cost (RC ) Property Transfer Tax Single Applicant Approximately 580,000 USD 6% / 0.3% - 0.8% Family of 4 Application (2 children under 21) Approximately 590,000 USD Inheritance Tax / Estate Tax 10% stamp duty (exemptions apply) Visa free travel number of countries VAT 23% (for certain goods and services 13% or 6%) Residency requirement for citizenship 30 months within 5 years after initial Green Card

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