How to Move to a Tax Haven

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  • เผยแพร่เมื่อ 27 ต.ค. 2024

ความคิดเห็น • 110

  • @OCDXN
    @OCDXN ปีที่แล้ว +183

    You should have used a Black marker..

    • @tomf1dublin1
      @tomf1dublin1 ปีที่แล้ว +12

      Yes , great info but disaster with green

    • @davecalico3273
      @davecalico3273 ปีที่แล้ว +2

      Red would have been best ❤

    • @troelsgudiksen9900
      @troelsgudiksen9900 ปีที่แล้ว +3

      Did he use a marker? Good talk though

    • @the_latin_vibe
      @the_latin_vibe ปีที่แล้ว +1

      Brand consistency: 100%
      Readability: 0%

    • @chimsloyalty3880
      @chimsloyalty3880 5 หลายเดือนก่อน

      @@troelsgudiksen9900😂😂😂

  • @JazzyJ5G
    @JazzyJ5G ปีที่แล้ว +24

    I would suggest a black marker going forward to make it easier to read/see the information on the white board.

  • @PurpleRhodesFinance
    @PurpleRhodesFinance ปีที่แล้ว +37

    Excellent information, but, for a little (hopefully) helpful feedback, you could do with a darker-coloured marker. It was rather hard to see the writing, in the distance shots. It was only really possible to read with the close-up shots.

    • @nomadcapitalist
      @nomadcapitalist  ปีที่แล้ว +9

      Thank you for the advice! We will definitely take it into consideration.

  • @LegalAutomation
    @LegalAutomation ปีที่แล้ว +33

    Bro i love your content but buy a black marker 🤣

  • @dl5270
    @dl5270 ปีที่แล้ว +9

    Thank you for the video, as per usual, Andrew. One thing, if I may: it's best to use a black marker on a white board; green is kind of hard to see.

  • @noahrosenfarb
    @noahrosenfarb ปีที่แล้ว +6

    I really enjoy this style of video where you’re teaching and doing case studies. Everything I’ve heard about content marketing is that you can give it all away because the vast majority of your leads will not be willing or able to implement on their own. Of course you lose some, but they are often the most challenging to work with anyway.
    Enjoying these videos from the beach in Paros, Greece. If you haven’t spent time on the Greek islands, you may want to test it in May or September. I think you’d really enjoy the people and atmosphere.

  • @glendawilliams5102
    @glendawilliams5102 ปีที่แล้ว +8

    Yes that green marker just faded out.

  • @rubensnogueira5838
    @rubensnogueira5838 ปีที่แล้ว +20

    I want to start an offshore black marker business. Is Colombia or Serbia a tax friendly jurisdiction?

    • @AquariumRuss
      @AquariumRuss ปีที่แล้ว

      Ukraine is a good jurisdiction. taxes can not be paid at all. the next few years, the Ukrainian tax authorities are not up to you, and then Putin will send them to hard labor themselves.
      no one will remember about your little offshore black marke company.

  • @Phil-W
    @Phil-W ปีที่แล้ว +3

    Please use markers that show up better on videos

  • @Joyexpanded
    @Joyexpanded ปีที่แล้ว +4

    Andrew and team - love your content. Been a follower for years. What advice or resources would you give to someone just starting out? American and moved out of the USA and starting a biz that could be based anywhere. I am not a candidate for your services (yet), but would love some advice on how to start right from the ground up. Thanks!!!!!

  • @jonathanbartsch2938
    @jonathanbartsch2938 ปีที่แล้ว +6

    Excellent video with great thought provoking content as usual Andrew!

    • @BlackRedneck1
      @BlackRedneck1 ปีที่แล้ว +1

      What would stop you from selling your company to a foreign entity for a dollar?

    • @nomadcapitalist
      @nomadcapitalist  ปีที่แล้ว +3

      Glad you enjoyed it Jonathan!

  • @dreww1818
    @dreww1818 ปีที่แล้ว +1

    I always love your videos - having a little trouble seeing the marker on that white board.

  • @rajs7421
    @rajs7421 ปีที่แล้ว +1

    Hi Andrew, Your content is very good. but why haven't you ever done any video for someone want to live in INDIA with a USA/Australian/EU citizenship?

  • @stonesgoods8100
    @stonesgoods8100 ปีที่แล้ว +1

    Cool video! FYI the blue marker was hard to read.

  • @labitcoineragt3596
    @labitcoineragt3596 ปีที่แล้ว +2

    Excellent info thank you!!

  • @theunimpressed
    @theunimpressed ปีที่แล้ว +1

    Great channel indeed. Have you come across the EU plan to implement a wealth registry that includes all assets? There might be interest in mitigation strategies…..

  • @micomarinas2753
    @micomarinas2753 ปีที่แล้ว +2

    hi Andrew! may be it's a good idea to use black ink instead of the green color.👍

  • @briceking669
    @briceking669 ปีที่แล้ว

    Currently watching this video from my new home in Puerto Rico :)

  • @sravankumarpendem9428
    @sravankumarpendem9428 ปีที่แล้ว +2

    Please use digital board

  • @stevemyers2092
    @stevemyers2092 ปีที่แล้ว +3

    starting up a virtual accounting business from Canada - all contractors are overseas - I am the only employee - I have a US investor - and If i go for St Kitts I have 2 adopted children and 1 natural all over 21 can I get them citizenship also?

    • @Anonymoose66G
      @Anonymoose66G ปีที่แล้ว

      Yes however I do believe it costs a bit more.

  • @infoSeeker007
    @infoSeeker007 11 หลายเดือนก่อน

    Yes I need to do this!!!

  • @MrWaterbugdesign
    @MrWaterbugdesign ปีที่แล้ว +1

    Taxes are super easy to reduce while staying the US. I retired 21 years ago at 45 and funded my retirement with tax free earning. I'm not a billionaire, but I don't seem to need to be a billionaire. I never saw the point of earning more than I needed. That's just another way of working for other who would end up spending what I earned after I pass.
    I don't want to become a tax accountant. To me that's hell, not retirement.

    • @standupphilosopher7059
      @standupphilosopher7059 ปีที่แล้ว

      May I ask you, were did you move to? I'm reading that Portugal and Spain are taxing pensions, pay etc However France doesn't tax pensions and are relatively lower in total in taxes compared to the U.S.

  • @hh0686
    @hh0686 ปีที่แล้ว

    Please, use a black marker on the white board next time. The visual isnt clear enough.

  • @anthgraham7399
    @anthgraham7399 ปีที่แล้ว +1

    Hi, if I am a Dutch or Uk tax payer but I want to travel the world for the next few years staying only a maximum of a few weeks in any one country. Where would I have to pay tax ?

  • @jimbulgatz6176
    @jimbulgatz6176 ปีที่แล้ว +1

    If someone's primary or ONLY source of income is distributions from their 401k, how can he reduce his taxes??
    The 401k managing co automatically deducts 20%. I've read this is "unearned income", so the foreign earned income credit" wouldn't help.
    If that is true, how could moving to PR, or a country with a tax treaty (or living life traveling), help reduce that 20% tax bite, or allow an easy way for some of it to be returned?? Thank you!

  • @delundigaming
    @delundigaming ปีที่แล้ว

    great video but please choose more wisely on the pen colour, can barely see what is written in green.

  • @AdamBlack77
    @AdamBlack77 ปีที่แล้ว +1

    Hello Andrew, Great content as always. I was wondering if the UK could be considered as a low tax alternative on account of the ‘non domiciled resident’ tax status. Thanks

    • @nomadcapitalist
      @nomadcapitalist  ปีที่แล้ว +3

      Hi Adam, here is an interesting article you can read which covers that topic: nomadcapitalist.com/finance/legal-tax-reduction/taxes-for-non-doms-in-the-uk/

  • @ghostwriter991
    @ghostwriter991 ปีที่แล้ว

    Thanks mvp u the real deal

  • @lindaolmos2547
    @lindaolmos2547 4 หลายเดือนก่อน

    The green marker does not show on the screen.

  • @margaretburnham5683
    @margaretburnham5683 ปีที่แล้ว

    FOR FUTURE REFERENCE... IT'S VERY HARD TO READ THE BOARD WITH THE GREEN MARKER

  • @tubes9181
    @tubes9181 ปีที่แล้ว +3

    Please more videos with an American focus! Being crypto specific would help as well. With the bill run starting it would be a great time to get crypto material produced soon. Thank you!

    • @Eldeecue
      @Eldeecue ปีที่แล้ว

      Crypto is a ponzi scheme.

  • @kawaiiduck5924
    @kawaiiduck5924 ปีที่แล้ว +3

    Talk about Saipan. Good tax advantages

    • @nomadcapitalist
      @nomadcapitalist  ปีที่แล้ว +1

      Hi, we covered that in one of our articles, you can see here: nomadcapitalist.com/finance/legal-tax-reduction/spains-special-expat-regime/

    • @harisadu8998
      @harisadu8998 ปีที่แล้ว +5

      LOL they linked an article for Spain not Saipan

    • @kawaiiduck5924
      @kawaiiduck5924 ปีที่แล้ว +1

      @@harisadu8998 it will just be your and my secret…

  • @Coughtry
    @Coughtry ปีที่แล้ว

    Why wouldn’t you liquidate a percentage of your home-based company and then open a separate shell company under a different name and license in the foreign country you intend to transfer those Resources?

  • @Sam-xs3fv
    @Sam-xs3fv ปีที่แล้ว

    Great content, but can barely see that writing on the whiteboard

  • @jimmyjames4jesus
    @jimmyjames4jesus ปีที่แล้ว +1

    What ever you wrote on board, just write it again and insert the image when referring to the board , right?❤

  • @yanivyaffe
    @yanivyaffe ปีที่แล้ว

    Great video

  • @Acorn-lodge
    @Acorn-lodge ปีที่แล้ว

    Good stuff

  • @PerthesExercises
    @PerthesExercises ปีที่แล้ว +1

    Would you recommend a Mexican citizen to get a US citizenship? Under what circumstances?

    • @annoyingguyoninternet1631
      @annoyingguyoninternet1631 ปีที่แล้ว +3

      Only if you will live in US forever

    • @harisadu8998
      @harisadu8998 ปีที่แล้ว +4

      It's a decision of a lifetime. Just remember that.

    • @xyz-uw3ps
      @xyz-uw3ps ปีที่แล้ว +2

      Yes, unless you're making a lot of money outside of the US.

    • @Tee55118
      @Tee55118 ปีที่แล้ว

      No

  • @nobodymister5435
    @nobodymister5435 ปีที่แล้ว

    Andrew, I really love the invisible ink ; )

  • @lycho4519
    @lycho4519 ปีที่แล้ว +1

    How long would it take for eu citizen to became Monaco tax resident?

    • @nomadcapitalist
      @nomadcapitalist  ปีที่แล้ว +2

      Hi there, here is the short video which might be helpful for you: th-cam.com/users/shortsFe6HdHn8xRY

  • @mikewoodley8767
    @mikewoodley8767 ปีที่แล้ว +1

    Caribbean english speaking countries for 🇨🇦 would be of great interest. Lock me down next time. ✈️

  • @odellowe7340
    @odellowe7340 ปีที่แล้ว

    Did you see that dominica loss thir visa free to uk,? Uk say its because of the passptby investments program and they giving individuals who pose a risk to uk, news coming out that st lucia next, what's your thoughts?

  • @TheScribeScribe
    @TheScribeScribe ปีที่แล้ว

    I'm looking to move my online business out of canada to anywhere but canada. What's the least painful way to get out of this burning hellscape?

    • @nomadcapitalist
      @nomadcapitalist  ปีที่แล้ว

      Hi there, this video might be helpful for you: th-cam.com/video/i_r35kHZ4cU/w-d-xo.html

  • @mariesajanta
    @mariesajanta ปีที่แล้ว

    Day trader from Germany, I would like to love in Indonisia, Thailand, Malta or Italy.. its okay 3 home for 4 month each. Country in Caymen Islands? .. not sure what I would have to consider. and what country would offer me e a great second citizen ship

  • @CherHenton
    @CherHenton ปีที่แล้ว

    Looking for ideas to move W2 incomes out of us taxes. Ideas?

    • @nomadcapitalist
      @nomadcapitalist  ปีที่แล้ว +1

      Hi, you can watch this video, we covered that topic here: th-cam.com/video/ga4pfU6x0Y4/w-d-xo.html

  • @human2divine
    @human2divine ปีที่แล้ว

    Black or blue pen we all agree;)

  • @ljisdabest
    @ljisdabest ปีที่แล้ว +2

    I love that im poor and nothing here applies to me but i can watch the whole thing and dream that i recives millions in crypto and hes talking to me personally

    • @LilChuck-cr6wh
      @LilChuck-cr6wh ปีที่แล้ว

      You may not always be poor

    • @D33Lux
      @D33Lux ปีที่แล้ว

      Why would you love being poor and only dream of being a millionaire. That's bizarre.

    • @ljisdabest
      @ljisdabest ปีที่แล้ว

      @D33Lux I love the ability to dream and aspire. Here on this channel I get live out a fantasy

  • @denisewilliamson5916
    @denisewilliamson5916 ปีที่แล้ว

    You need to use a darker colored marker. It’s hard to see what you are writing.

  • @Cho-denki-rabbit
    @Cho-denki-rabbit ปีที่แล้ว

    Please use a darker marker. 😁

  • @billhennessey6374
    @billhennessey6374 ปีที่แล้ว +3

    Is it just my old eyes, or are you writing in invisible ink? I see you writing but I see nothing on the board. 😮

  • @MsSherryl01
    @MsSherryl01 ปีที่แล้ว +2

    Portugal requires that you learn Portuguese...will Spanish suffice or no?

    • @MsSherryl01
      @MsSherryl01 ปีที่แล้ว

      @@polupopus5836would this be the Nomad Capitalist responding, probably not.

    • @matthewnirenberg
      @matthewnirenberg ปีที่แล้ว

      Spanish is NOT Portuguese. I have two colleagues who naturalised in Portugal and they both said Portuguese is required, Spanish is 100% unacceptable. Its a language test, why would they permit a foreign language. Its Portugal not Spain.

    • @MsSherryl01
      @MsSherryl01 ปีที่แล้ว

      @@matthewnirenberg I’m bilingual,living in Mexico, from the US. Do I really need to spell it out for you as to why many in Portugal might be inclined to speak Spanish? If you count my rudimentary Dutch, that’s trilingual. But many Americans speak only American English. Your tone is unnecessarily rude.

    • @MsSherryl01
      @MsSherryl01 ปีที่แล้ว

      @@matthewnirenberg Considering you have no southern border in the US nor language skills required, the bar isn’t set very high for residence by investment, extrapolating that to liquidity hungry countries, it’s not rocket science. And it’s only going to get worse.

    • @matthewnirenberg
      @matthewnirenberg ปีที่แล้ว

      @@MsSherryl01 Grow up! My tone was perfectly normal and I addressed your utterly stupid question.
      Spanish is NOT Portuguese!
      Basically everyone speaks Portuguese in Portugal except the tourists. Sure, many do speak English but that's because its the EU's official common language.
      The fact you think people in Portugal prefer Spain just shows how clueless you actually are, Portuguese people are very nationalistic and proud of their country.
      Matter of fact, they almost abolished the Portuguese Golden Visa program because they're sick of foreigners coming there as digital nomads are pricing locals out of everything. The new program is significantly more involved and requires full integration and an actual in-country job.
      The fact you think it acceptable to think speaking Spanish in Portugal as a norm is somehow okay just shows how little respect you have for Portugal.
      Only a complete moron would think that a country that has a language test as part of its naturalisation process would permit you to speak any language other than the official one on the test.
      If your Spanish is actually 100% fluent, get naturalised in Spain as Spanish, then use the fact that Spain is in the EU's Schengen Zone to move to which other Schengen Zone country you wish to.
      You're not trilingual as that would require being 100% fluent in three languages.
      American English is nothing but English (Simplified).
      From the sounds of it you should stay in the USA amongst the woke who's feelings get hurt at the drop of a hat.
      Get over yourself, you're not so special that a country is going to change its laws and rules to suit you.

  • @stevemyers2092
    @stevemyers2092 ปีที่แล้ว +6

    USE BLACK MARKERS PLEASE !!!!!!!!! i mentioned this the last time.

  • @Steph_FX
    @Steph_FX ปีที่แล้ว +1

    Are you helping South African citizens yet Andrew?

  • @henryh3496
    @henryh3496 ปีที่แล้ว

    US BLACK INK ANDREW!!.....but great stuff!

  • @drz4073
    @drz4073 ปีที่แล้ว

    Isn't there a company that does graphics rather than a whiteboard & marker? Minecraft or was it Fancy?

  • @hemantparakh6462
    @hemantparakh6462 ปีที่แล้ว +4

    Give up All Currencies and shift to Coins to Stay Tax free

  • @johnq.public2621
    @johnq.public2621 ปีที่แล้ว +2

    😃👍👏👏👏👏

  • @bharath2508
    @bharath2508 ปีที่แล้ว +1

    tax haven 😮

  • @gaeldesmontagnesnoires1711
    @gaeldesmontagnesnoires1711 ปีที่แล้ว +7

    Buy Bitcoin and take a plane ...

    • @nobobonobo
      @nobobonobo ปีที่แล้ว +1

      Let's say you took a plane and now you're in a foreign country, how do you cash out?

    • @gaeldesmontagnesnoires1711
      @gaeldesmontagnesnoires1711 ปีที่แล้ว +1

      @@nobobonobo Simply use a credit card that you reimburse from your savings account in which you have $ after transferring them from a account where you sold USDC for $$$ ..
      An other way of saying the same thing would be: Have crypto that you sell for USDC that you sell for the currency your bank account sits in, then transfer to your savings account & pay back your credit card which you use to pay for airbnb(or rent) & restaurants(or groceries) & plane tickets .. enjoy the world at your own pace.
      Onwards.

    • @D33Lux
      @D33Lux ปีที่แล้ว

      What are the cash limitations to bitcoin. There are also fees when cashing out. For example, one moves to Mexico, how do you get 25% of your money in cash? I see alot of push towards crypto, but no one ever offers feedback. Its like they want to pump the market so the price goes up.

    • @gaeldesmontagnesnoires1711
      @gaeldesmontagnesnoires1711 ปีที่แล้ว

      @@D33Lux Bitcoin is not for money laundering, it's for saving the value of your efforts through time until you need it down the road.. to beat inflation, can't you see that?

  • @AFreshWordOrg
    @AFreshWordOrg ปีที่แล้ว

    You and Hormozi, you wanna look smart and write on the board. It doesn’t work, just makes y’all feel smarter.

    • @D33Lux
      @D33Lux ปีที่แล้ว

      The average person need to repeat one work approximately 60 times to understand it. Things like this is complicated on the first viewing. Watch it 50 times and you'll see it will make alot more sense. Everyone has a different learning curve.

  • @dirtywhiteboy7922
    @dirtywhiteboy7922 ปีที่แล้ว +1

    Dear Nomad Capitalist, is there a way to move physical gold and silver from the US to another country off the radar? It's psychical for a reason.

    • @Zeeno
      @Zeeno ปีที่แล้ว

      Sus...