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Prior to 1993, the Slovak Republic was a part of the now defunct state of Czechoslovakia.On 19 January 1993, after the Slovak Republic had become a separate state, the National Council of the Slovak Republic enacted a nationality law to establish "the conditions of gain and loss of citizenship" in the newly formed republic.
Turkey offers Turkish Citizenship by Investment (TCBI). Investors are required to purchase real estate worth at least US$400,000 and hold it for 3 years or deposit US$500,000 in a bank in Turkey for a period of 3 years. Upon investing as above and submitting citizenship application duly, a Turkish passport is granted typically within 6 months.
In the table, income includes any type of income received by individuals, such as work or investment income, and yes means that the country taxes at least one of these types. Resident means a person residing in the country, regardless of citizenship; non-resident citizen means a citizen of the country residing elsewhere, it does not mean non ...
The level of investment required also varies between countries and programs. For example, Caribbean citizenship-by-investment programs require less of an investment than those programs in the EU. In Dominica the minimum investment required is USD $200,000 [7] and St. Kitts and Nevis the minimum investment required is USD $250,000 [25]
There are two main personal income tax rates levied in Slovakia: a 19% rate on income up to 176.8 times the subsistence level, which is EUR 41,445.49 as of 2023, and a 25% rate for the exceeding part of the income. Revenue generated from capital gains falls within a special tax bracket, which is subject to taxation at a rate of 19%.
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Citizenship by investment. Some countries give citizenship to people who make a substantial monetary investment in their country. [11] There are two countries in the European Union where this is possible: Malta and Cyprus; as well as the five Caribbean countries of Antigua and Barbuda, Grenada, Dominica, Saint Kitts and Nevis, and Saint Lucia.
The citizenship-by-investment program and the relationship between Henley and the Malta government was criticized at the time. [34] Critics in Malta argued that the concessions to Henley were overly lucrative and may have entailed conflicts of interest. [34] Henley received 4% of each donation, which meant €26,000 per application for ...