Confidus Solutions employs a wide range of experts in different fields: lawyers, real estate experts, bank agents, accountants, tax consultants, and other professionals. Our company's representatives have vast experience dealing with individual clients, providing wealth management, personal tax planning, due diligence as well as transaction assistance services. Confidus individual services can provide you tailor-made solutions in Sweden.

Swedish individual support services & legal solutions
Order one of the provided Swedish individual support or wealth management services and we shall provide you a custom, tailor-made solution. Confidus Solutions, collaborates with a number of professionals from different industries, develops an efficient strategy and creates a unique solution designed for each customer specifically. Once the communication is established, you will receive a list of documents and information required to proceed.

Chile is considered a developing country. A nation's level of development is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality and quality of life. As a developing country, Chile may not be able to provide consistent social services to its citizens. These social services can include things like public education, reliable health care, and law enforcement. Citizens of developing countries may have a lower life expectancy than citizens of developed countries. Each year, Chile exports about US$77.94 billion and imports about US$75.7 billion. 7.3% of the country's population is unemployed. The total number of unemployed in Chile is 1,328,396. In Chile, 14.4% of the population lives below the poverty line. The proportion of citizens living below the poverty line in Chile is low, indicating a stable economy. Investors should consider Chile a safe location for investments and other financial ventures. Government spending on education is 4% of GDP. The country's Gini index is 52.1. Chile experiences inequality. The gap between the richest and poorest citizens in this country is significant and evident, resulting in drastically different living standards for rich and poor citizens. Chile has a Human Development Index (HDI) of 0.822. Chile has a high HDI value. This suggests that the majority of citizens will be able to lead desirable lives while providing significant assistance and support to citizens with lower living standards. The Global Peace Index (GPI) for Chile is 1.563. Due to the strong presence of the law enforcement authorities and the high level of social responsibility, Chile is very safe by international standards. The strength of the Legal Rights Index for Chile is 4. Overall, it is considered rather insufficient – bankruptcy and collateral laws are able to protect the rights of borrowers and lenders to a certain extent; Credit information may be sufficient but scarcely available or, conversely, available but not sufficient.

Currency
The currency of Chile is Chilean peso. The plural form of the word Chilean peso is pesos. The symbol used for this currency is $, and it is abbreviated as CLP. The Chilean peso is divided into Centavo; there are 100 in one peso.

Credit rating
The depth of credit information index for Chile is 6, which means that information is mostly sufficient and quite detailed; accessibility is not a problem. According to the S&P credit-rating agency, Chile has a credit rating score of AA-, and the prospects of this rating are positive. According to the Fitch credit-rating agency, Chile has a credit rating score of A+, and the prospects of this rating are stable. According to the Moody's credit-rating agency, Chile has a credit rating score of Aa3, and the prospects of this rating are stable.

Central bank
The prime lending rate of Chile's commercial banks is 8.1. In Chile, the institution that manages the state's currency, money supply, and interest rates is called Central Bank of Chile. Locally, the central bank of Chile is called Banco Central de Chile. The average deposit interest rate offered by local banks in Chile is 3.9%.

Public debt
Chile has a government debt of 226.1% of the country's Gross Domestic Product (GDP), as assessed in 2013.

Tax information
The corporate tax in Chile is set at 22.5%. Personal income tax ranges from 0% to 40%, depending on your specific situation and income level. VAT in Chile is 19%.

With the right paperwork and initial outlay, it is possible for a foreign citizen to open a bank account in Tokelau. This opportunity for international accounts and investments offers several advantages based on economic regulations and tax structures. Interest rates, tax laws, and fees vary depending on the specific country in which you are investing; careful research and strategic financial moves could result in significant portfolio growth.

In Latvia, a residence permit is a document issued by the Office for Citizenship and Migration Affairs to foreigners, granting the right to reside in Latvia either for a specified period of time, usually between six months and five years, or permanently. Residency in Latvia gives you the opportunity to live, work and/or study in the country and use the medical, public and other services available to Latvian citizens. Latvian residency not only offers you the opportunity to travel visa-free to all countries within the Schengen zone, but also facilitates the visa process for other countries, such as the USA and the UK. The main advantages of obtaining a temporary residence permit in Latvia are:

Be able to stay in Latvia without restrictions (according to the conditions of your temporary residence permit)
The ability to travel to any country within the Schengen area for a period of up to 90 days within a period of six months
After obtaining your residence permit, your family members (husband/wife and any children under the age of 18) are entitled to obtain a residence permit and enjoy the same benefits as Latvian citizens.
After five years of temporary residence in Latvia, you can apply for a permanent residence permit, and after ten years, you have the right to apply for Latvian citizenship through the naturalization procedure.
Secondary deposit: a ticket for a temporary residence permit
One option is to place a subordinated deposit with a credit institution; this is a legal way to obtain a temporary residence permit for a period of five years. In order to apply for such a residence permit, you must make an investment of at least EUR 280,000 in the form of subordinated capital - e.g. subordinated debentures or a subordinated loan — to a credit institution, becoming its partner for a period of time.

Various Latvian credit institutions offer subordinated deposits as a service to non-residents, and each offers individual terms and conditions for subordinated loans. The most common conditions are as follows:

The deposit currency can be either EUR or USD; Some banks accept RUB and other currencies.
The minimum deposit is usually EUR 100,000 or USD 150,000, but if you receive the subordinated loan to apply for a temporary residence permit, the investment must be at least EUR 280,000.
An additional government fee of EUR 25,000 is required to process your residence permit application, regardless of which bank you invest with.
The term offered is typically five, seven or ten years. In contrast to other investments, a subordinated deposit cannot be canceled during this period.
Due to the non-cancellability of subordinated deposits, banks can offer significantly higher interest rates compared to other types of deposits.

Procedures and requirements for child deposit requests
If you have decided to apply for a temporary residence permit in Latvia through the subordinated deposit route, you must first contact one of the banks that offer this service. After acquiring the subordinated capital of a Latvian credit institution, you can prepare the documents to be submitted to the Office for Citizenship and Migration Affairs in Latvia. The most important documents include:

Proof of sufficient assets and residence in Latvia
Criminal record reference letter from your home country
Completed questionnaire with attached photos
Confirmation of marriage and/or birth of children, if applicable
Confirmation that all government fees have been paid
After receiving your residence permit, you must obtain medical insurance and a medical certificate issued by a medical institution registered in Latvia. Most banks that offer subordinated deposits to obtain a residence permit have set up extensive advisory and support services to make this process easier for their customers.

Benefits of acquiring subordinated deposits
Aside from the residence permit itself, which is of course the main purpose and benefit of investing in the subordinated capital of one of the Latvian credit institutions, another notable benefit is the larger profits that can be made due to the higher deposit rates offered compared to other types of deposits . This is because these deposits are non-callable, meaning you cannot withdraw your money before the agreed maturity date. However, on the Maturity Date you can get back your original balance in addition to the interest paid periodically throughout the investment period. The only non-retrievable payment is the government office fee of EUR 25,000. In addition, banks usually consider subordinated deposits to be the most convenient way to obtain a residency permit.