Six Tax-Friendly Islands for Wealthy People

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  • เผยแพร่เมื่อ 4 พ.ย. 2024

ความคิดเห็น • 88

  • @nomadcapitalist
    @nomadcapitalist  2 ปีที่แล้ว +6

    What's your favorite island?

    • @rorybrown4952
      @rorybrown4952 2 ปีที่แล้ว +4

      Mauritius

    • @andrescv2665
      @andrescv2665 2 ปีที่แล้ว

      Bahamas

    • @jd1811
      @jd1811 2 ปีที่แล้ว +1

      Ireland

    • @youtubeuserzzzz
      @youtubeuserzzzz 2 ปีที่แล้ว +1

      Vanautu🇻🇺 and Japan🇯🇵

    • @rubensnogueira5838
      @rubensnogueira5838 2 ปีที่แล้ว

      Ilhabela, Brazil - too many mosquitos, tough. Now seriously, with all the problems, I still stick with the UK.

  • @ericalorraine7943
    @ericalorraine7943 2 ปีที่แล้ว +53

    Well said! I am also here to learn how to invest after listening to a lady on tv talk about the importance of investing and how she made 7 figure in 3 month, somehow the video taught me nothing and left me even more confused, I'm a newbie and I'm open to ideas on how to invest for retirement

    • @davidhudson3001
      @davidhudson3001 2 ปีที่แล้ว +10

      lookup Priscilla Dearmin-Turner, this is her name online, she's the real investment prodigy since the crash and have help me recovered my loses

    • @petermusa5396
      @petermusa5396 2 ปีที่แล้ว +5

      Despite the economic crisis and the rate of unemployment now is the best time to invest

    • @lezliewhicker8450
      @lezliewhicker8450 2 ปีที่แล้ว +3

      Investment now will be wise but the truth is investing on your own will be a high risk. I think it will be best to get a professional👌

    • @dr.ervingalen1777
      @dr.ervingalen1777 2 ปีที่แล้ว +7

      @@davidhudson3001i just lookup her accreditation on FINRA and SEC, she seems really solid. I leave her a mail on her webpage🙏

    • @investorwest8735
      @investorwest8735 2 ปีที่แล้ว +5

      A news host spoke so highly of💕 Priscilla Dearmin-Turner and her loss prevention strategies been trying to get to her ever since didn’t know she was so accessible here

  • @idontwantachannelimjustcom7745
    @idontwantachannelimjustcom7745 2 ปีที่แล้ว +13

    If you live on your yacht, a 40' catamaran can be parked for ci$720 a month. In the cayman Islands. Sounds better than a couple million for a place on the water.

    • @idontwantachannelimjustcom7745
      @idontwantachannelimjustcom7745 2 ปีที่แล้ว +4

      How does being in international waters affect the clock with regards to spending less than 6 months a year in any one country? Does that time count as being part of your time in the last country you were in? Does it count towards the county you land in?

    • @edwardnigma2216
      @edwardnigma2216 2 ปีที่แล้ว +2

      That was my thought too, up until I decided to pull into get some work done on my boat in Florida and they screwed it up... Now, I'm up in Virginia for hurricane season and hoping they get my boat done in time for next season.

  • @mtngrl5859
    @mtngrl5859 2 ปีที่แล้ว +3

    I enjoyed Bermuda when I stayed there about 15 years ago, loved the old school British Crown Colony vibe. People actually greet you with a Good day on the street and dress for dinner. Not for those that wear flip flops and shorts, a more elegant experience. Everything is well cared for there, so one needs a great deal of wealth to live there. They have a separate MLS system for local citizens vs the International market. So, pricing is much more inflated unless one is a citizen there. But one can have a very gracious life if they have the funds to do so.

  • @DjFiyaFrost
    @DjFiyaFrost 2 ปีที่แล้ว +2

    As someone from Cayman. I can tell you it is fairly easy to move there. Worth it for the beauty tbh.

  • @user-dy2qq5wh4b
    @user-dy2qq5wh4b 2 ปีที่แล้ว +8

    If you move to Turks, youll want to get into kitesurfing at long bay on Provo. a love for the ocean and beach is required. Providenciales is the best island...and grace bay just had a Ritz Carlton open up and a Hyatt coming soon. Its a great weather Dec through May, then it gets too hot. Bring your own special someone, not much of a social scene.

  • @fumble_brewski5410
    @fumble_brewski5410 2 ปีที่แล้ว +6

    Most people have forgotten the fact that, from 1934 to 1963, there was an island under U.S. jurisdiction where the residents could live tax free. It was known as Alcatraz Island.

    • @erniesulovic4734
      @erniesulovic4734 2 ปีที่แล้ว +1

      lol.....and meals, clothing etc provided for free too.....

    • @fumble_brewski5410
      @fumble_brewski5410 2 ปีที่แล้ว +1

      @@erniesulovic4734 Exactly. 👨‍✈

    • @jeremyleonbarlow
      @jeremyleonbarlow 9 หลายเดือนก่อน

      Al Capone might disagree.😊

  • @robertl5298
    @robertl5298 2 ปีที่แล้ว +3

    Cayman Islands
    Earthquakes - on the edge of a plate
    Major downside

  • @lerryperry
    @lerryperry 2 ปีที่แล้ว +16

    Andrew, how difficult is it to Obtain British Overseas Territories Citizenship in The Cayman Islands or The Turks and Caicos?

    • @DjFiyaFrost
      @DjFiyaFrost 2 ปีที่แล้ว

      Not hard. As someone from there, I've seen ppl move to the Cayman Islands easily.

    • @jeremyleonbarlow
      @jeremyleonbarlow 9 หลายเดือนก่อน

      I mean if you have $2.4 million dollars to invest Permanent Residence is easy. If you have the skills needed for the right company a work permit is not hard, but permanent residency is difficult and without PR citizenship is difficult.

  • @kennethroth6757
    @kennethroth6757 2 ปีที่แล้ว +1

    6 islands would be monaco,gibraltar, saba island, cayman Islands, Dubai, qatar

  • @marianjavierjimenez1996
    @marianjavierjimenez1996 2 ปีที่แล้ว

    Thank yu i need it this advice right now. I appreciate your videos. Lovely. I hope one day.

  • @huMblemTw
    @huMblemTw 2 ปีที่แล้ว +2

    Hi Andrew,
    I would like to know please:
    Which is the best country in the world and purchase rural land to build a tropical food forest ?

  • @halamaldif
    @halamaldif 2 ปีที่แล้ว +1

    Also Maldives Islands... 🇲🇻

  • @BlazeGuitarLessons
    @BlazeGuitarLessons 2 ปีที่แล้ว +5

    Has anyone been to or lived in Malta? I've heard good things and would love to check it out!

    • @denzel4380
      @denzel4380 2 ปีที่แล้ว +2

      Malta is amazing.

  • @therainforest4314
    @therainforest4314 2 ปีที่แล้ว

    What this world needs are great islands for the poor people, since there are already so many.

  • @bojanamir1988
    @bojanamir1988 2 ปีที่แล้ว +4

    JUST QATAR 🇶🇦

    • @alaskanwhiskey
      @alaskanwhiskey 2 ปีที่แล้ว

      Qatar is a great country. Had a layover there

  • @ericeverson5956
    @ericeverson5956 2 ปีที่แล้ว

    Belgrade. Very nice.

  • @erniesulovic4734
    @erniesulovic4734 2 ปีที่แล้ว +2

    I hear Gilligan's island is really cheap. Only 6 ppl living on it. A broken boat. Heaps of palm trees and coconuts. Not much else. Choice of 2 women for marriage. lol I'm in a playful mood :-)

  • @carlosnunes3701
    @carlosnunes3701 2 ปีที่แล้ว +1

    What about Madeira ( Portugal )

  • @micomarinas2753
    @micomarinas2753 2 ปีที่แล้ว +1

    I still choose cayman island, malta, ireland and cyprus. I hope cyprus will open again their cbi program in the future. what can you say on british virgin island?

    • @generalshepherd457
      @generalshepherd457 2 ปีที่แล้ว

      cayman islands is best for mafia guys on the run.

  • @arialuv6894
    @arialuv6894 5 หลายเดือนก่อน

    Is there a chance to get a permit in Mauritius prior to investing the 375k so that I wouldn't have to pay taxes in the country I'm currently officially residing in?

  • @ericeverson5956
    @ericeverson5956 2 ปีที่แล้ว

    Looks a little warm in Serbia to day? Thanks much.

  • @pablosabhlok
    @pablosabhlok 2 ปีที่แล้ว +1

    Monaco is the best for really rich people. No wonder Novak Djokovic lives there.

  • @marvinmartin6246
    @marvinmartin6246 2 ปีที่แล้ว +5

    Would love an update on Malta programs

  • @catcondo9309
    @catcondo9309 6 หลายเดือนก่อน

    Do you have any advice about St. Maarten?

  • @cjhsshjc4959
    @cjhsshjc4959 2 ปีที่แล้ว +1

    Any opinions on Barbados

  • @Newlyfound
    @Newlyfound 2 ปีที่แล้ว +3

    What about Jersey or Guernsey?

    • @jeremyleonbarlow
      @jeremyleonbarlow 9 หลายเดือนก่อน

      They are expensive and more difficult than they used to be. The lump sum tax is high.

  • @737tech
    @737tech 2 ปีที่แล้ว

    With so many sanctions now. Is there any place in the world where you can put your money and has access to it anywhere in the world?

  • @robertl5298
    @robertl5298 2 ปีที่แล้ว +2

    Why are you ignoring Mauritius???

  • @dickielarue1451
    @dickielarue1451 2 ปีที่แล้ว +1

    Being stationed on Islands during my Navy days was almost like a Wilson Experience...I love islands but for long term living it's not for me...Been to quite a few and lived on some as well...The pros...simply beautiful landscapes and in most cases water to match...Laid back lifestyles along with fresh fruits and seafood...The cons...for me it was like cabin fever, isolation syndrome...especially smaller islands...seeing the same landscapes and missing true 4 seasons...I like diversity in my diet...😉🇺🇲🇵🇹🤘✌🤟👍

  • @NeveauRock
    @NeveauRock 2 ปีที่แล้ว +1

    @Richard Contini Jr i have dual citizenship. That's not what I'm talking about. His bizarre obsession with not wanting to pay taxes... he doesn't sound like he feels any obligation to the society in which he lives... he appears to have zero loyalty to anyplace or or any family or anyone.

    • @matthawksworth
      @matthawksworth ปีที่แล้ว

      This is the one thing I dislike about NC. I think its good to go to a place to maximize your output, but not to live selfishly.

  • @FidelCashflow13
    @FidelCashflow13 2 ปีที่แล้ว +1

    Andrew id love to know your thoughts on Chairman Powells comments pertaining to U.S Citizens saying People have excess savings and we are trying to drain it.

    • @algae_rhythms
      @algae_rhythms 2 ปีที่แล้ว

      Do you have a link please?

  • @primaballerina84
    @primaballerina84 2 ปีที่แล้ว

    How is the quality of education on these islands? I mea if moving there permanently with the family

    • @jeremyleonbarlow
      @jeremyleonbarlow 9 หลายเดือนก่อน +1

      Caymans have solid international schools from everything I've read.

  • @allysonyoung2771
    @allysonyoung2771 2 ปีที่แล้ว +1

    Thank you for being so open, demonstrating to the world how the rich, shamefully, protect their wealth.

  • @1439315
    @1439315 2 ปีที่แล้ว +1

    cypres? No, Ireland? No, not people friendly . . .

  • @webbezzy
    @webbezzy 2 ปีที่แล้ว +1

    7 or 8 figures 🫣😀💰

  • @emanuelebignone7044
    @emanuelebignone7044 ปีที่แล้ว +1

    How about isle on man ?

  • @afernick1
    @afernick1 2 ปีที่แล้ว +1

    Having a British passport (UK) can you just move the Cayman islands?

    • @Ia-jh3re
      @Ia-jh3re 2 ปีที่แล้ว +4

      I think so, check the government website though for more info.
      It's interesting that many of these islands are British Overseas territories. So easily accessible for British citizens.

    • @DjFiyaFrost
      @DjFiyaFrost 2 ปีที่แล้ว

      Yes you can, same goes for Cayman to the UK.

  • @katehillier1027
    @katehillier1027 2 ปีที่แล้ว

    Lucky you you can bugger off sans paying your taxes.

  • @Archonsx
    @Archonsx 2 ปีที่แล้ว +1

    those places are not worth it, too expensive

  • @NeveauRock
    @NeveauRock 2 ปีที่แล้ว +1

    This is weird. Who thinks like this?

    • @webbezzy
      @webbezzy 2 ปีที่แล้ว +4

      He is in the business of selling passports advertising for his work this way.

    • @richardcontinijr9661
      @richardcontinijr9661 2 ปีที่แล้ว

      Lots of people do and it's not weird to have a second passport.

    • @dawsonje
      @dawsonje 2 ปีที่แล้ว

      Many many do.

    • @webbezzy
      @webbezzy 2 ปีที่แล้ว +1

      ​@@richardcontinijr9661 Agreed, but distorting the reality in order to justify purchasing the second passport could be what he is referring as weird.

    • @richardcontinijr9661
      @richardcontinijr9661 2 ปีที่แล้ว

      @@webbezzy but he's not distorting reality. He's providing accurate information. Even if I didn't have 3 passports I wouldn't be his customer. Not because I think he's shady or overpriced but because I'm not his target market.