I just came upon this ad in my Reddit feed.

https://i.redd.it/x1j5j35pjrsd1.jpeg

Posted by Proof_Lingonberry284

5 Comments

  1. Imagine a life where people finally realize that taxes fund civilization and functioning states (challenge level: impossible).

  2. Personal-Wing3320 on

    Welcome to Cyprus, where we’ve mastered the art of putting foreigners first! Why should locals enjoy the fruits of their labor when we can roll out the red carpet for everyone except them? Move here, pay little to no taxes, and soak up the sun while Cypriots pick up the tab for infrastructure, healthcare, and everything else.

    Forget about investing in the local economy or contributing to the community — just bring your suitcase, settle in, and enjoy the perks! Our priority is making sure you live a lavish life without the pesky responsibility of paying taxes. We’ve even streamlined it so that locals don’t have to worry about competing—they can just watch from the sidelines while we hand out incentives to anyone with a foreign passport. Because why build a future for our own citizens when we can offer a paradise for outsiders?

    So, relocate today! Let’s continue the tradition of putting everyone else first while locals gratefully watch their opportunities drift away. After all, what’s better than a tax haven, if not one that forgets its own people?

  3. https://preview.redd.it/60qxe1ycorsd1.jpeg?width=1170&format=pjpg&auto=webp&s=22995b46f8621bea065b1eb50305f5831a1b1a22

    Firstly the website of the add appears to be fake. (THIS WEBSITE IS SAFE TO VISIT -below comment still stands)

    Secondly, 0% tax probably relates to 0% dividend tax. Companies that are domiciled in Cyprus usually have a Cypriot Director. If the shareholders of the Company however are non-Cypriot domiciled residents (i.e., live more than half the year abroad) no dividend tax is charged on the distribution of retained earnings. The 12.5% corporation tax is always applicable on the taxable profits of the Company under CY law CAP. 113

  4. Isn’t this the same fuckers who were pushing their tax/law firm a few months ago in here?