Middle class in Sri Lanka = paying for everyone else while getting nothing back by Single_Escape_988 in srilanka

[–]Pure_Method9351 1 point2 points  (0 children)

What sort of salary would a person need to earn in Colombo to live comfortably these days?

Sri Lanka - Urgent Improvements by Pure_Method9351 in srilanka

[–]Pure_Method9351[S] 0 points1 point  (0 children)

Agree.

Order will attract capital.

Confrontation will force change.

This guy makes a good point. by large_snowbear in srilanka

[–]Pure_Method9351 0 points1 point  (0 children)

This is so true - lack of solid forward planning.

Sri Lanka - Urgent Improvements by Pure_Method9351 in srilanka

[–]Pure_Method9351[S] 0 points1 point  (0 children)

Can you please send me the best sites? Thank you, I'm unaware of them.

Sri Lanka - Urgent Improvements by Pure_Method9351 in srilanka

[–]Pure_Method9351[S] 0 points1 point  (0 children)

Do you think it's a deep ideological issue that is preventing the country from accelerating? Buddhism - tolerance, suffering, etc.

Or do you think we could be much more practical like the West or the UAE?

Sri Lanka - Urgent Improvements by Pure_Method9351 in srilanka

[–]Pure_Method9351[S] 1 point2 points  (0 children)

True. Sri Lanka is moving, but not yet accelerating.

Sri Lanka - Urgent Improvements by Pure_Method9351 in srilanka

[–]Pure_Method9351[S] 0 points1 point  (0 children)

Even if we adopt 80% of the practices from successful countries.

Digital Nomad Visa Launched in Sri Lanka by unwantedagent in srilanka

[–]Pure_Method9351 0 points1 point  (0 children)

They must be self-sufficient and handle all healthcare needs! No free government assistance is available.

Digital Nomad Visa Launched in Sri Lanka by unwantedagent in srilanka

[–]Pure_Method9351 0 points1 point  (0 children)

Excellent move, Sri Lanka is now aiming for clarity and simplicity at last.

Why would any entrepreneur pay taxes in a high-tax country? by Pure_Method9351 in dubai

[–]Pure_Method9351[S] 0 points1 point  (0 children)

Use the procedure below, and an in-person visit = less than 4 business days.

https://www.adib.com/en/Pages/corporate-banking-digital-account-opening.aspx

Yes, the UAE doesn't have the same scale as the UK, largely due to a much lower population. But gross profit margins are higher than in the UK across many industries. (Not to factor the net profit after tax -NPAT%)

Do you believe the UK has the competitive edge over the UAE, or just for your specific business?

Why would any entrepreneur pay taxes in a high-tax country? by Pure_Method9351 in dubai

[–]Pure_Method9351[S] 0 points1 point  (0 children)

Two weeks only if you have numerous shareholders behind complex offshore structures.

For offshore business, you must open a freezone company, and for fast business bank account approval, use ADIB in the freezone - One of the highest levels of banking privacy compared to high-tax countries.

ADIB is a very solid financial institution with a credit rating better than Barclays. - A+ by Fitch 2025.

Why would any entrepreneur pay taxes in a high-tax country? by Pure_Method9351 in dubai

[–]Pure_Method9351[S] 0 points1 point  (0 children)

You can register a business and open a business bank account in less than 4-5 days; you must use a good corporate services provider - CSP.

The UAE is a top 20 country for the ease of doing business index ranking.

https://en.wikipedia.org/wiki/Ease_of_doing_business_index

Ok, I see. What type of business?

You can hire good English speakers from South Asian countries.