Cutting ties with the past, starting over from scratch, rebuilding one’s life, maybe disappearing. Then reappearing in another country, happy and satisfied, surrounded by luxury and prosperity. It is the dream, not too secret, of those who participate in lotteries and/or prize games. The latter are seen, in no uncertain terms, as authentic, albeit unlikely, life-changers, or tools to completely reconfigure one’s existence, directing it towards coordinates that were not known at an empirical level until that moment, but often dreamed or longed for.
However, contrary to popular belief, not even the considerable prizes of the most popular games (think of the richest of all, the Superenalotto, whose jackpot has exceeded one hundred million euros several times) correspond to unlimited funds, and managing particularly large sums can even be a source of headaches, especially for those who have never had such large amounts of capital. There are numerous tutorials on the Internet that explain how to collect winnings without attracting too much attention, but beyond this there remains the problem of fund management. What to do about it? Rely on an expert (who will want to be adequately remunerated) or opt for the do-it-yourself option? The question lends itself to a variety of answers.
First of all, you should know that winnings from games and lotteries exceeding 500 euros are also subject to taxation, which currently amounts to 20%, as a result of Law No. 160 of 27 December 2019, which revised the previous rate of 12% upwards.
Then a the amount that will go into the pocket of a lottery winner, of the Lotto or other games, does not correspond to what will actually be available in his bank account once the due tax obligations have been fulfilled. Having clarified this, it remains to decide what to do with the remaining net amount for the winner.
If the win is particularly large (in the style of, for example, record winnings at Superenalotto), the lottery winners can even decide to swell the ranks of what the Spanish call renters, or those who live off their income. The use of Spanish to define them is not a simple affectation, since many Spanish-speaking countries (including some regions of Spain itself, in particular the Canary Islands) offer this category a luxurious lifestyle at affordable prices, as well as (if one reaches the point of saturation in terms of leisure and decides to return to the active part of society) favorable tax regimes for starting and managing business activities. Countries such as Panama, Ecuador, Peru and Uruguay are renowned from this point of view. Even a transfer to the United States is possible, although the procedure is longer and more complicated and still involves a business investment (in one's own companies or as a share in other people's companies), and the taxes (starting with those for the house) are anything but light. It is impossible, however, to move permanently to Dubai: to do so, it is necessary to work and produce, owning goods and financial resources is not enough. Furthermore, once you have passed a certain age limit, renewing your residence permit becomes quite complicated, if not prohibitive.
For those who, on the contrary, decide to move their capital with the intention of making it profitable (and therefore increase), beyond the possible destinations, it is necessary to choose the branch or branches of investment. Having said that government bonds are still a safe haven, the real estate market, especially abroad, still offers decidedly advantageous investment opportunities. While lately it is cryptocurrencies in particular that have seen their value increase significantly, guaranteeing investors in the sector profit margins that were even unthinkable until a year ago. Of course, no investment is zero risk; but if you use the right tools, while relying on competent and credible consulting offices, even a modest win can turn into an opportunity for palingenesis after a life of sacrifices.
Article published on 3 February 2021 - 09:48
Video Chronicles
