UAE expats question regarding finance

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JohnnyDoe said:How do you document the 2 years of uninterrupted residence?Click to expand...You don't need that. 180 days a year for 2 years is enough. sometimes, not even that. It's not the government who decides on citizenship applications. It's a judge.
 
JohnnyDoe said:Ok, how do you document the 180 days/year? Or how do you convince the judge that you qualify?Click to expand...Tax returns, utility bills, rental lease and anything that would show your presence basically. They are very lax.
 
wellington said:Peru can give you the f**k around - happened to a crypto YouTuberClick to expand...To a crypto Youtuber? No way. In Peru they're so accustomed to crypto that they use Solana -- SOL -- as their official and only currency. There's no fiat - only crypto.

JohnnyDoe said:What about border crossing records?Click to expand...Simple -- cross the borders without records
 
Rome said:It's way easier to get the argentinian citizenshipClick to expand...Are you certain? In what way? The same 2 years. But in Argentina there's a lot bureaucracy.
 
Argentina has tough Wealth Tax Laws. What is they say you have to pay 5% of your wealth to their tax department in a few years and you can't give up their passport because the law says so? Also living in Argentina has very low standards, apartment prices in Palermo are expensive (you don't want to live anywhere else) and their supermarket literally have nothing.
I would survive in Argentina because i speak spanish and I only eat meat, but the average Gringo wouldn't enjoy it for two years (which is more than 2 years since it takes 1 year at least to get the citizenship approved).
 
banafinfodafuggiano said:Argentina has tough Wealth Tax Laws. What is they say you have to pay 5% of your wealth to their tax department in a few years and you can't give up their passport because the law says so? Also living in Argentina has very low standards, apartment prices in Palermo are expensive (you don't want to live anywhere else) and their supermarket literally have nothing.
I would survive in Argentina because i speak spanish and I only eat meat, but the average Gringo wouldn't enjoy it for two years (which is more than 2 years since it takes 1 year at least to get the citizenship approved).Click to expand...1. You don't have to become a tax resident to obtain citizenship, so wealth taxes don't really matter. If for whatever reason you need to become a tax resident, you could always transfer your assets to a family member and protect yourself via friendly lien or some other way depending on your home country.
2. As far as I know, you can renounce it if it's been acquired through naturalization.
3. I literally just came back from a Disco in Esmeralda (Retiro), it was stocked with goods. Yes, some shops are s**t but you can always just order stuff via Rappi or Glovo, which I do often.
4. You can get away with English just fine, although I would recommend learning Spanish anyway as it's spoken by half a billion people.
5. Let's be honest, Argentina is a banana republic. Even if they introduce citizenship-based taxation, which they won't, what is it that you think they would do if you decide not to pay or submit tax returns? It's not like they would request extradition or send a CIA rendition plane to pick you up...lol.
 
jafo said:I think you may find this helpful
View attachment 6092


What?
View attachment 6093
and this
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Source:
https://www.peru.travel/es/datos-ut...al del Perú,hoteles y estaciones de servicio.
PS. Have you ever been to Peru? Click to expand...They don't stamp passport but they have your entries and exit in the immigration system record visible with 3x mouse clicks.

Jerry1911 said:1. You don't have to become a tax resident to obtain the citizenship, so wealth taxes don't really matter. If for whatever reason you need to become a tax resident, you could always transfer your assets to a family member and protect yourself via friendly lien or some other way depending on your home country.
2. As far as I know, you can renounce it if it's been acquired through naturalization.
3. I literally just came back from a Disco in Esmeralda (Recoleta), it was stocked with goods. Yes, some shops are s**t but you can always just order stuff via Rappi or Glovo, which I do often.
4. You can get away with English just fine, although I would recommend learning Spanish anyway as it's spoken by half a billion people.
5. Let's be honest, Argentina is a banana republic. Even if they introduce citizenship-based taxation, which they won't, what is it that you think they would do if you decide not to pay or submit tax returns? It's not like they would request extradition or send a CIA rendition plane to pick you up...lol.Click to expand...1. How not? they want you to be at least 183 days a year in the country (possibly more) to qualify for citizenship, right? So you will become a Tax resident of Argentina.
 
Rome said:Tax returns, utility bills, rental lease and anything that would show your presence basically. They are very lax.Click to expand...Do you think an Airbnb ticket along with plane tickets would suffice as proof for the first 3 months of stay? Also I'm glad it can be less than 183 days as I'm trying to combine Cyprus non-dom residency with getting their citizenship...
 
banafinfodafuggiano said:They don't stamp passport but they have your entries and exit in the immigration system record visible with 3x mouse clicks.Click to expand...100% true!
But the judge doesn't have access to this and, at least not in the past, circa 1995, the judge didn't even request it. The whole thing was just a circus in court. The actual "thingy" happened in a restaurant called Hereford in Recoleta.

PS. Answering for a "friend"   Last edited: Feb 1, 2024
 
banafinfodafuggiano said:1. How not? they want you to be at least 183 days a year in the country (possibly more) to qualify for citizenship, right? So you will become a Tax resident of Argentina.Click to expand...You've missed a post on the previous page:
Rome said:You don't need that. 180 days a year for 2 years is enough. sometimes, not even that. It's not the government who decides on citizenship applications. It's a judge.Click to expand...
In addition to this, per PwC:
Residents include the following:
[...]
  • Foreign individuals residing in Argentina (for reasons other than work) for more than 12 months, as of the 13th month of presence in Argentina.
Click to expand...
Btw don't forget a ton of girls here have Italian ancestry. I haven't looked into it but if you do end up with an Argentinian girl (which is not the worst thing one can do), you might be able to get Italian citizenship as well.  Last edited: Feb 1, 2024
 
Jerry1911 said:1. You don't have to become a tax resident to obtain citizenship, so wealth taxes don't really matter. If for whatever reason you need to become a tax resident, you could always transfer your assets to a family member and protect yourself via friendly lien or some other way depending on your home country.
2. As far as I know, you can renounce it if it's been acquired through naturalization.
3. I literally just came back from a Disco in Esmeralda (Retiro), it was stocked with goods. Yes, some shops are s**t but you can always just order stuff via Rappi or Glovo, which I do often.
4. You can get away with English just fine, although I would recommend learning Spanish anyway as it's spoken by half a billion people.
5. Let's be honest, Argentina is a banana republic. Even if they introduce citizenship-based taxation, which they won't, what is it that you think they would do if you decide not to pay or submit tax returns? It's not like they would request extradition or send a CIA rendition plane to pick you up...lol.Click to expand...Most of this is false information. They won’t let you renew your residency if you don’t provide tax returns and you can’t renounce an Argentinian citizenship. Argentinians even has an exemption when it comes to becoming of citizens of no-dual citizenship countries like Singapore. Since you can’t renounce your Argentinian citizenship, Singapore will allow your naturalization. Same with other countries.

Avoid using misinformation to discourage members from pursuing easy citizenships.
 
Dictator said:What would be the worst thing one could do?Click to expand...Marrying a British or an American girl

Rome said:They won’t let you renew your residency if you don’t provide tax returns and you can’t renounce an Argentinian citizenship.Click to expand...You don't need permanent residency to obtain the citizenship. Are you referring to temporary residency?  Last edited: Feb 1, 2024
 
JohnnyDoe said:you get Italian citizenship only if the girl is also an Italian citizen.Click to expand...So pay for a lawyer to sort it out before you marry her. That should work, no?
 
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