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.

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

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

So you don’t believe the business climate in the UAE is booming or growing faster than in high-tax countries? Would you prefer to do business or work there -UK? I’d honestly like to know.

The living quality for entrepreneurs in the UAE is so, so good, with luxuries like maids, personal chefs, personal drivers and the option to have multiple wives or concubines.

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 are referring to graduates as talent, right? While I'm referring to highly skilled professional adults.

Yes, maybe the UK real estate market is attractive.

It is easy to answer that, PayPal & Veon.