Few people are able to locate Bosnia on a map. Those that do, typically think of civil war.
However, beyond civil war in the past, Bosnia has a very interesting tax system. Expect to pay 10% personal and corporate income tax on worldwide income, and no capital gains taxes. This last point is rare in Europe.
Sure, one can find low tax jurisdictions such as Bulgaria, Montenegro, and even Hungary to name a few, but all of them tax capital gains.
As for no capital gains taxes, one would have to move to Switzerland, Monaco, or Belgium for example. Apart from Monaco, which is expensive to obtain residency in, they have high income tax rates.
In an environment of rising inflation, capital gains taxes effectively become net wealth taxes. Moving to a country like Bosnia, and becoming a tax resident there (not applicable to US people) can help mitigate this.
In this short video, after watching locals jump off a bridge, I elaborate on who Bosnia might be appropriate for, as well as how one can obtain residency through real estate ownership and company formation.
To a World of Opportunities,
The Wandering Investor
Subscribe to the PRIVATE LIST below to not miss out on future investment posts, and follow me on Instagram, Twitter, Linkedin, Youtube, Facebook, Rumble, and Odysee.
My favourite brokerage to invest in international stocks is IB. To find out more about this low-fee option with access to plenty of markets, click here.
If you want to discuss your internationalization and diversification plans, book a consulting session* or send me an email.
*a consulting session is a discussion about your portfolio and objectives. It does not constitute legal, financial, tax or investment advice.
Subscribe to the Private List!
Don't miss out on FREE investment posts and extra insight by The Wandering Investor