What is tax residency?

Tax residency determines which country has the right to tax your worldwide income. Rules vary by country but often depend on physical presence or center of life.

How do I change my tax residency?

To change tax residency, you usually need to leave your current country, meet residency requirements elsewhere, and follow exit tax procedures.

An exit tax is imposed when you move your tax residency, triggering taxation on unrealized capital gains or worldwide assets.

How can I legally reduce exit tax?

Exit tax can be minimized through careful tax planning, treaty benefits, and structuring assets before relocation.

Which countries have no income tax?

Countries like the UAE, Monaco, and The Bahamas have zero income tax policies, attracting wealthy individuals.

Can I live in a country but be a tax resident elsewhere?

Yes, through strategies like territorial taxation, tax treaties, or dual residency planning.

What is a territorial tax system?

In a territorial tax system, only income earned within the country is taxed. Foreign-sourced income is tax-free.

Which countries offer Golden Visas?

Portugal, Greece, and Spain offer Golden Visas, granting residency in exchange for investment.

What is a tax treaty?

A tax treaty is an agreement between two countries to prevent double taxation and reduce withholding tax rates.

Privacy Policy

Last Updated: February 2025

Project Black Ledger (“we,” “our,” or “us”) respects your privacy and is committed to protecting your personal information. This Privacy Policy explains how we collect, use, and safeguard your information when you visit our website.

Information We Collect

Information You Provide

When using our calculators or tools, any information entered is processed locally in your browser and is not stored or transmitted to our servers.

Automatically Collected Information

We collect certain information automatically through:

Google Analytics (usage data, page views)
Technical data (browser type, device information)
Cookies and similar technologies

How We Use Your Information

We use collected information to:

Improve our Website and content
Analyze and monitor Website usage
Maintain Website security
Respond to your requests or questions

Cookies

We use essential cookies to ensure our Website functions properly. You can control cookies through your browser settings. Our cookie usage is limited to:

Essential Website functionality
Analytics tracking
User preference retention

What Are Cookies?

Cookies are small text files placed on your device to store information that enhances your browsing experience, provides functionality, and helps us analyze and improve our website. They are widely used to make websites work more efficiently and provide personalized content.

How We Use Cookies

At Project Black Ledger, we use cookies to:

Ensure the proper functioning of our website (necessary cookies)
Analyze how users interact with our site (analytics cookies)
Provide personalized ads and content through third-party tools (marketing cookies, where applicable)

By consenting to cookies, you allow us to process data such as browsing behavior, preferences, and unique IDs. Withholding consent may limit certain website features and functionalities.

Types of Cookies We Use

Our Website uses:

Necessary Cookies: These are essential for the website to function correctly and cannot be disabled. They include cookies that:
- Remember your privacy preferences
- Enable core site functions
Analytics Cookies: These cookies help us understand how visitors use our website, enabling us to improve its functionality and user experience. Data collected is anonymized
Marketing Cookies: These cookies track your activity across websites and provide personalized advertising. They are only used with your explicit consent

Managing Your Cookies

You can manage your cookie preferences at any time:

Through the cookie banner displayed on our website
By adjusting your browser settings to block or delete cookies
By opting out of third-party tracking via tools like the Google Analytics Opt-Out Add-On

Third-Party Services

Our Website uses:

Google Analytics for site usage analysis
Content Delivery Networks (CDNs) for performance
Affiliate tracking cookies when applicable. These allow us to earn commissions when users sign up for services or purchase products through affiliate links

For more information about these services, please review their respective privacy policies.

Data Security

We implement reasonable security measures to protect your information. However, no Internet transmission is 100% secure, and we cannot guarantee absolute security.

Your Rights

You have the right to:

Access your personal information
Request correction of your information
Opt-out of cookies
Request deletion of your information where applicable

Changes to This Policy

We may update this Privacy Policy periodically. The latest version will be posted on this page with an updated revision date.