Frequently asked questions

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How can I know my tax residence country?

Individual investors are typically recognized as tax residents in the country where they hold citizenship, pay income tax, or have a permanent residence. It is possible to be a tax resident in multiple countries, which is known as double residence. 

Legal entities, on the other hand, are generally considered tax residents in the country where they are incorporated or registered, or where their permanent headquarters are located. 

It is important to note that each country has its own set of rules for determining tax residency, both for individuals and companies. 

Please be aware that the information provided here is solely for informational purposes and should not be construed as legal or tax advice.

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We strive to provide comprehensive information and address the most common queries in our Frequently Asked Questions (FAQ) section. However, we understand that there may be instances where your specific question hasn't been covered.

Don't worry, though! Our dedicated support team is here to assist you. Please feel free to reach out to us via email at [email protected]. We will respond to your inquiry as quickly as possible and provide the information you need.

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A licensed European investment platform.

Investing in financial instruments involves risk. There is no guarantee to get back the invested amount. You could lose some or all of your investments.

SIA Nectaro (registration nr. 40203016025; legal address: Jeruzalemes 1, Riga, LV-1010, Latvia) is an investment brokerage firm licensed by Latvijas Banka (address: K. Valdemara 2A, Riga, LV-1050, Latvia). License number 27-5520233.

Nectaro is a member of the national investor compensation scheme established under EU Directive 97/9/EC. The scheme protects investors by providing compensation if Nectaro fails to return financial instruments or cash to investors. The maximum compensation an investor can claim under the scheme is 90% of their net loss, up to a maximum of €20 000.

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