edusantorini's travels on Nomad List

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5 Mar '18

2mo

4 May '18

4 May '18
5 Mar '18

Paris

12°C

France

1 Mar '18

5 Mar '18

5 Mar '18
1 Mar '18

Florence

16°C

Italy

5 Feb '18

24d

1 Mar '18

1 Mar '18
5 Feb '18

São Paulo

27°C

Brazil

21 Jan '18

15d

5 Feb '18

5 Feb '18
21 Jan '18

Belo Horizonte

29°C

Brazil

16 Jan '18

21 Jan '18

21 Jan '18
16 Jan '18

Ilhabela

Brazil

2 Jan '18

14d

16 Jan '18

16 Jan '18
2 Jan '18

Belo Horizonte

29°C

Brazil

2017

26 Dec '17

2 Jan '18

2 Jan '18
26 Dec '17

Florianopolis

27°C

Brazil

6 Dec '17

20d

26 Dec '17

26 Dec '17
6 Dec '17

Belo Horizonte

26°C

Brazil

7 Sep '17

3mo

6 Dec '17

6 Dec '17
7 Sep '17

Buenos Aires

17°C

Argentina

30 Aug '17

6 Sep '17

6 Sep '17
30 Aug '17

Miami, FL

31°C

United States

5 Aug '17

25d

30 Aug '17

30 Aug '17
5 Aug '17

Medellín

26°C

Colombia

29 Jul '17

5 Aug '17

5 Aug '17
29 Jul '17

Bogota

15°C

Colombia

20 Jul '17

29 Jul '17

29 Jul '17
20 Jul '17

Belo Horizonte

24°C

Brazil

9 May '17

2mo

20 Jul '17

20 Jul '17
9 May '17

Buenos Aires

18°C

Argentina

🗯 Forum topics

👍

405

👎

Estonia E-Residency & CFC

in Estonia by @edusantorini | 2yr 2 years ago | 7 comments

So, I’ve been looking into e-residency and moving my business to Estonia the past few weeks.
I’m still a tax resident in Germany and therefore fear I’ll be suspect to CFC laws. I somehow can’t find any reliable info on this and I don’t feel like reading through the whole law, so just wondering if anyone knows how CFC laws in EU countries come into practice. What taxes do I need to pay exactly? As soon as I cash out (dividends), as far as I can see I need to pay 20% income tax in Estonia. Then what? Of course, I would need to pay income tax in Germany. What taxes do I need to pay besides these?
And if I keep the money in Estonia/reinvest it, am I right that I wouldn’t need to pay any taxes at all? Only for the money I cash out of Estonia/the business?

I’m by the way not doing this to evade taxes, taxes are secondary. I primarily simply want to move my business activities out of Germany + the all-digital concept and the bookkeeping service of agencies like leapIN are interesting.

👍

405

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✨ Recommended destinations

This is an algorithmic recommendation based on @edusantorini's trips history to find places they haven't been to yet that other people with similar travels as them also went and liked.

Lisbon

Portugal

poor signaling, disorientation, cleaning and disorganizing of the streets in Lisbon is similar to Naples in my opinion

⭐️ OverallAll

💵 Cost 😙 Affordable

📡 InternetWiFi 🏎 Fast

😀 Fun great

👮 Safety good

Tap to open

🌥 Feels 21° 70° 21° 70°AQI 31

$2,043 / mo

26Mbps

Berlin

Germany

Berlin is overall a great city to be. Food is cheap and everywhere, easy to go out and have fun/meet for business. Rent has crept up but still far better value than where I came from. Internet: 36 EUR/month get me 450/40 mbps (cable -> DOCSIS 3.0) Public transport is 2.70 EUR/ticket. No woman I know has said they felt unsafe. Some really odd, xenophobic sounding comments on here. Biggest downsides IMO: service quality at restaurants - not that people are rude, but they don't seem to particular

⭐️ OverallAll

💵 Cost 🧐 Pricey

📡 InternetWiFi 🏎 Fast

😀 Fun great

👮 Safety mediocre

Tap to open

🌧 Feels 16° 61° 16° 61°AQI 16

$3,056 / mo

32Mbps

Mexico City

Mexico

I'm the one who left the review complaining about how people don't speak English 2-3 months ago. I think it's only fair to leave another review as I projected a pretty negative overall picture of the place. I came back a second time and boy, I'm glad I did. The language barrier didn't disappear, but I came with a different mindset and made efforts to learn some basic Spanish. Being able to explain how you want your coffee even makes a huge difference. Mexican people are kind and warm-hearted.

⭐️ OverallAll

💵 Cost 😙 Affordable

📡 InternetWiFi 🏎 Fast

😀 Fun good

👮 Safety bad

Tap to open

🌧 Feels 22° 72° 22° 72°AQI 30

$1,428 / mo

20Mbps

Los Angeles, CA

United States

Nothing does a better job of explaining LA’s beautiful diversity and different neighborhoods than the documentary about the late Jonathan Gold, our city’s greatest amabassador and the only food critic to ever win a Pulitzer Prize. It is called, “City of Gold” and if you want to know LA, just watch this film. Trailer link: https://youtu.be/DmKTRDfz1zM

⭐️ OverallAll

💵 Cost 🧐 Too expensive

📡 InternetWiFi 🚀 Super fast

😀 Fun great

👮 Safety mediocre

Tap to open

🌤 Feels 19° 66° 18° 64°AQI 25

$4,378 / mo

51Mbps

London

United Kingdom

How did you guys classified Penge as rich? It is one of the worst neighbourhood I have ever been in London, the ammount of people I know that have been robbed there is appalling.

⭐️ OverallAll

💵 Cost 🧐 Too expensive

📡 InternetWiFi 🏎 Fast

😀 Fun great

👮 Safety mediocre

Tap to open

🌧 Feels 12° 54° 12° 53°AQI 22

$4,310 / mo

23Mbps

Singapore

They say you get what you pay for. After having traveled the previous 4 months in India, Cambodia, VietNam, Myanmar and Thailand, Singapore was so easy! The subway system is a marvel, streets signs were easy to read, everyone speaks English (that just makes it easy for me as an English speaker) it is safe, clean, and parks are gorgeous. I was there as COVID 19 was breaking out fairly fast and that put a damper on my time but I was so happy to be there anyway and plan to go back. For digital

⭐️ OverallAll

💵 Cost 🙂 Okay

📡 InternetWiFi 🚀 Super fast

😀 Fun good

👮 Safety mediocre

Tap to open

🌧 Feels 38° 100° 30° 86°🥵AQI 46

$2,822 / mo

86Mbps

New York City, NY

United States

I've lived in New York City - Brooklyn - for over 20 years. For visiting tourists, the best neighborhood to stay in is NOT Bushwick. Park Slope, Prospect Heights, Ft. Green or Brooklyn Heights is preferable. Plenty of good transportation in those areas - subway, buses or Uber. Easy access to beaches in Long Island and New Jersey. There's plenty to do in NYC. Great restaurants, Broadway plays (!), and in the summer you frequently can catch a free concert.

⭐️ OverallAll

💵 Cost 🧐 Too expensive

📡 InternetWiFi 🏎 Fast

😀 Fun great

👮 Safety mediocre

Tap to open

🌥 Feels 18° 64° 18° 65°AQI 30

$4,736 / mo

32Mbps

Bangkok

Thailand

Don't believe the prices on here for an apartment. 686 usd/month refers to an apartment in a high class condo, right in the city centre and seconds away from the BTS(train station). Just remember this, people working at supermarkets make 2 usd/per hour. If you want to live like a local, then you can save a lot of money. If you don't mind a 5-10 minute walk from the BTS, then you can easily get a one bedroom apartment for 300 USD per month, in a high class condo, plus with free golf cart ser

⭐️ OverallAll

💵 Cost 😙 Affordable

📡 InternetWiFi 🏎 Fast

😀 Fun good

👮 Safety good

Tap to open

🌥 Feels 46° 115° 34° 94°🥵AQI 65

$1,368 / mo

25Mbps

🚩 Flags collected (6 of 276)

🌍 Top countries

Argentina

⭐️ OverallAll

💵 Cost 😝 Cheap

📡 InternetWiFi 🏎 Fast

😀 Fun good

👮 Safety bad

Tap to open

🌥 Feels 19° 66° 18° 65°AQI 113😷

5mo

$960 / mo

16Mbps

Brazil

⭐️ OverallAll

💵 Cost 😙 Affordable

📡 InternetWiFi 🏎 Fast

😀 Fun mediocre

👮 Safety very bad

Tap to open

🌥 Feels 25° 77° 25° 77°AQI 21

3mo

$1,087 / mo

11Mbps

France

⭐️ OverallAll

💵 Cost 🧐 Pricey

📡 InternetWiFi 🏎 Fast

😀 Fun mediocre

👮 Safety mediocre

Tap to open

🌧 Feels 15° 59° 15° 60°AQI 26

2mo

$3,598 / mo

28Mbps

Colombia

⭐️ OverallAll

💵 Cost 😙 Affordable

📡 InternetWiFi 🏎 Fast

😀 Fun mediocre

👮 Safety very bad

Tap to open

🌧 Feels 25° 77° 25° 77°AQI 34

1mo

$1,082 / mo

11Mbps

United States

⭐️ OverallAll

💵 Cost 🧐 Pricey

📡 InternetWiFi 🏎 Fast

😀 Fun mediocre

👮 Safety mediocre

Tap to open

🌥 Feels 22° 72° 22° 71°AQI 34

$3,192 / mo

44Mbps

Italy

⭐️ OverallAll

💵 Cost 🧐 Pricey

📡 InternetWiFi 🏎 Fast

😀 Fun mediocre

👮 Safety mediocre

Tap to open

🌧 Feels 19° 66° 18° 65°AQI 28

$3,611 / mo

19Mbps

🛬 Most visits

Belo Horizonte

Brazil

⭐️ OverallAll

💵 Cost 😝 Cheap

📡 InternetWiFi 🏎 Fast

😀 Fun bad

👮 Safety bad

Tap to open

🌥 Feels 23° 73° 23° 74°AQI 42

$920 / mo

27Mbps

Buenos Aires

Argentina

Been living here in Buenos Aires for almost three years. Right now, it's (relatively) cheap. I mean, it isn't for the people who currently lives here but it's if you're a foreign, as the inflation keeps going on the peso isn't that worthy now. But, as I'm saying, if you come with dollars is going to make a huge difference. (3 years ago: 20 pesos= 1 USD. June 2020: 95 pesos= 1 USD. and if you're selling dollars in the informal market they will pay you $124. and with that you can buy two small

⭐️ OverallAll

💵 Cost 😝 Cheap

📡 InternetWiFi 🏎 Fast

😀 Fun good

👮 Safety bad

Tap to open

🌥 Feels 17° 63° 17° 62°AQI 151😷

$724 / mo

28Mbps

Bogota

Colombia

Nice city. Need cash in many places still hence long lines for ATMs. Safe. Pretty. Goes from cloudy to sunny to cloudy to sunny. Take a bike tour to see the city. I stay in Chapinero which was nice. There a gym called Body Tech and they'll let you work out there for free your first time. No water fountains though so bring your own.

⭐️ OverallAll

💵 Cost 😙 Affordable

📡 InternetWiFi 🏎 Fast

😀 Fun mediocre

👮 Safety very bad

Tap to open

🌧 Feels 14° 57° 14° 57°AQI 20

$1,068 / mo

11Mbps

Medellín

Colombia

I don't understand why Medellin isn't tanking in the ratings right now. They are locking down again and have to wear masks outdoors lol. End the farce. We canceled our tickets. Better off spending money somewhere else so you can live your life.

⭐️ OverallAll

💵 Cost 😙 Affordable

📡 InternetWiFi 🏎 Fast

😀 Fun good

👮 Safety very bad

Tap to open

🌧 Feels 22° 72° 22° 71°AQI 24

$1,020 / mo

15Mbps

Miami, FL

United States

I guess if you're a nomad this doesn't matter much, but the long-term job pickings here are slim and among the most underpaid for a US city. There seems to be a tacit rent floor that means you won't find a good deal on housing. A lot of people don't seem very invested in their interpersonal relationships here since their ties to the area are often transient.

⭐️ OverallAll

💵 Cost 🧐 Too expensive

📡 InternetWiFi 🏎 Fast

😀 Fun great

👮 Safety mediocre

Tap to open

🌥 Feels 25° 77° 25° 77°AQI 14

$4,315 / mo

41Mbps

Florianopolis

Brazil

This is a beautiful place with nice sandy beaches. There are plenty of places to go hiking and beaches to go relax at. Even with the pandemic, you can still visit some beaches. You can sometimes find bonfires and parties on Mole Beach. People sometimes rent boats here and take a tour of the other small islands around Florianopolis. Barra do Lagoa is nice if you want to take some surf lessons; the search house (hostel) is a great place to stay. Jurere is more upscale; it's a nice place to get an

⭐️ OverallAll

💵 Cost 😙 Affordable

📡 InternetWiFi 🙂 Good

😀 Fun great

👮 Safety bad

Tap to open

☀️ Feels 22° 72° 22° 71°AQI 15

$1,116 / mo

8Mbps

São Paulo

Brazil

I like São Paulo, but I don't love it. It's pretty boring in my opinion. Probably because I love Buenos Aires so much and it just does not compare. Also for the 4 months (September - January) I was there, it was cold, overcast, and rainy 85% of the days. It was pretty depressing! Other than that, it's pretty safe overall for Latin America. Also, I really appreciate how people here take COVID more seriously than in a lot of other places in Brazil. If I had to do it again, I would stay near

⭐️ OverallAll

💵 Cost 😙 Affordable

📡 InternetWiFi 🏎 Fast

😀 Fun great

👮 Safety bad

Tap to open

🌥 Feels 21° 70° 21° 70°AQI 61

$1,203 / mo

13Mbps

Florence

Italy

Florence is one of the most beautiful city in the world! Here you have the opportunity to taste real genuine, fresh and organic food and experience great wines (such a Chianti, Brunello di Montalcino, Nobile di Montepulciano, Bolgheri Sassicaia, Ornellaia and much more) ! Think that Italy is the only country in the world where each region produce a different kind of wine with different kind of local grapes. It is a real bless for palate. Italians are friendly and locals even more. Almost e

⭐️ OverallAll

💵 Cost 🧐 Pricey

📡 InternetWiFi 🏎 Fast

😀 Fun great

👮 Safety mediocre

Tap to open

🌤 Feels 19° 66° 18° 65°AQI 35

$3,566 / mo

19Mbps

🛌 Most time spent

Buenos Aires

Argentina

⭐️ OverallAll

💵 Cost 😝 Cheap

📡 InternetWiFi 🏎 Fast

😀 Fun good

👮 Safety bad

Tap to open

🌥 Feels 17° 63° 17° 62°AQI 151😷

5mo

$724 / mo

28Mbps

Paris

France

After a month in Paris I can honestly say I have never enjoyed myself more from a culture perspective. The eating, drinking, and nightlife is excellent. People often complain that French people are rude but they have it all wrong. They are very formal. Dining is quite different as it doesn't align with the experience in America. In France restaurants are a space you are invited into and the waiters and chefs are professionals who know how best to treat you during your experience. They are in con

⭐️ OverallAll

💵 Cost 🧐 Too expensive

📡 InternetWiFi 🏎 Fast

😀 Fun good

👮 Safety mediocre

Tap to open

🌧 Feels 16° 61° 16° 60°AQI 18

2mo

$4,112 / mo

32Mbps