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Countries where interest earned on savings is not taxed? |
Benj
Posted on: 30/01/2010
Posted at: 06:11:30
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Can anybody provide a list where income from savings interest is not taxed. (ie. Bahamas, Hong Kong, etc)
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A Hilton
Posted on: 30/01/2010
Posted at: 11:10:31
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benj - I dont know of any list. We plan for our clients on an individual basis. What is the cause for this question. I mean there are hardly any countries that pay reasonable interest rates on savings that would be worthwhile to consider. I assume you want to grow your wealth in General? And why the subject Romania?
alexander.hilton @ verdungroup.com
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Anonymous
Posted on: 02/02/2010
Posted at: 09:33:12
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Bulgaria does not tax bank deposit interest from EU and Swiss banks, as well as interest – including any original issue discount – on any EU or Swiss bonds (government, municipal or corporate).
Bank deposits in euro currently yield 7-9%, depending on the tenor and the bank.
I currently get 9% from UniCredit and Bayern LB, and 8.5% from Raiffeisen Bank.
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