It is not necessary to live in one of these jurisdictions to make use of their beneficial tax structure. It is possible to live in one jurisdiction and have one's corporate structure in another. In fact it may be preferable to separate corporate jurisdiction, business jurisdiction and resident jurisdiction. A fuller explanation of this will be explained elsewhere in this book. In the use of more than one jurisdiction it is probably prudent to maintain an office presence in a jurisdiction where one does not earn an income.
Some countries establish fixed rates of taxation.
These countries are called Low taxation tax-havens. This is best for individuals who are not going to become permanent expatriates, but may some day want to return to their home country. The countries which more or less fulfill the Low Tax definition are Cyprus, the British Virgin Islands, Liechtenstein, Oman, Switzerland, Jersey, Guernsey, and other countries which we will be discussing throughout the book. Then there are the special incentive privileges to off-shore companies and qualified holding companies that are given by tax havens such as Luxembourg, the Netherlands, the Netherlands Antilles, and Singapore. Plus the international business company tax reductions given by Antigua, Barbados, Grenada, Belize and Jamaica.