Six Tax-Friendly Islands for Wealthy People
ฝัง
- เผยแพร่เมื่อ 30 มิ.ย. 2024
- Join Our Email List and be the First to Hear about Breaking News and Exciting Offers
nomadcapitalist.com/email
Secure Your Spot at the Best Offshore Conference - Nomad Capitalist Live 2022 - September 21-24 in the most vibrant city in the world, Mexico City:
nomadcapitalist.com/live/
Check out our article Can US Citizens Open Offshore Bank Accounts?
nomadcapitalist.com/finance/o...
There are many ways to legally reduce both your personal and business tax rates by going offshore. You could move to a zero-tax country like the United Arab Emirates, Monaco, or Vanuatu. Or you could structure your business to save tax in a territorial tax country like Thailand. You could even establish tax residence in a tax haven and travel the world as a nomad.
In this video, Andrew shares six tax-friendly islands for wealthy people.
00:00 Start
0:48 The Best Countries for Wealthy People
1:25 Cayman Islands
2:28 Turks and Caicos Islands
4:19 Bermuda
4:49 Living in Ireland
5:39 Living in Europe
6:12 Living in Malta
7:22 Moving to Cyprus
Andrew Henderson and the Nomad Capitalist team are the world's most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best".
Work with Andrew: nomadcapitalist.com/apply/
Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle.
Our growing team of researchers, strategies, and implementers add to our ever-growing knowledge base of the best options available. In addition, we've spent years studying the behavior of hundreds of clients in order to help people get the results they want faster and with less effort.
About Andrew: nomadcapitalist.com/about/
Our Website: www.nomadcapitalist.com
Subscribe: th-cam.com/users/subscription_...
Buy Andrew's Book: nomadcapitalist.com/book/
DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.
![อาจารย์ยอด : ลุงแว่วเล่าเรื่องผี [ผี]](http://i.ytimg.com/vi/Fd2Qsy4dqpM/mqdefault.jpg)
What's your favorite island?
Mauritius
Bahamas
Ireland
Vanautu🇻🇺 and Japan🇯🇵
Ilhabela, Brazil - too many mosquitos, tough. Now seriously, with all the problems, I still stick with the UK.
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
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
Despite the economic crisis and the rate of unemployment now is the best time to invest
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👌
@@davidhudson3001i just lookup her accreditation on FINRA and SEC, she seems really solid. I leave her a mail on her webpage🙏
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
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.
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?
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.
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.
lol.....and meals, clothing etc provided for free too.....
@@erniesulovic4734 Exactly. 👨✈
Al Capone might disagree.😊
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.
Thank yu i need it this advice right now. I appreciate your videos. Lovely. I hope one day.
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.
Cayman Islands
Earthquakes - on the edge of a plate
Major downside
As someone from Cayman. I can tell you it is fairly easy to move there. Worth it for the beauty tbh.
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...😉🇺🇲🇵🇹🤘✌🤟👍
Andrew, how difficult is it to Obtain British Overseas Territories Citizenship in The Cayman Islands or The Turks and Caicos?
Not hard. As someone from there, I've seen ppl move to the Cayman Islands easily.
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.
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 ?
Also Maldives Islands... 🇲🇻
Belgrade. Very nice.
Looks a little warm in Serbia to day? Thanks much.
Any opinions on Barbados
Has anyone been to or lived in Malta? I've heard good things and would love to check it out!
Malta is amazing.
6 islands would be monaco,gibraltar, saba island, cayman Islands, Dubai, qatar
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?
cayman islands is best for mafia guys on the run.
Do you have any advice about St. Maarten?
What about Madeira ( Portugal )
What this world needs are great islands for the poor people, since there are already so many.
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.
Do you have a link please?
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?
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?
Would love an update on Malta programs
How is the quality of education on these islands? I mea if moving there permanently with the family
Caymans have solid international schools from everything I've read.
Monaco is the best for really rich people. No wonder Novak Djokovic lives there.
What about Jersey or Guernsey?
They are expensive and more difficult than they used to be. The lump sum tax is high.
Why are you ignoring Mauritius???
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 :-)
JUST QATAR 🇶🇦
Qatar is a great country. Had a layover there
@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.
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.
7 or 8 figures 🫣😀💰
Having a British passport (UK) can you just move the Cayman islands?
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.
Yes you can, same goes for Cayman to the UK.
Lucky you you can bugger off sans paying your taxes.
cypres? No, Ireland? No, not people friendly . . .
those places are not worth it, too expensive
It did say Millionaire in the Title of the video.
How about isle on man ?
Thank you for being so open, demonstrating to the world how the rich, shamefully, protect their wealth.
This is weird. Who thinks like this?
He is in the business of selling passports advertising for his work this way.
Lots of people do and it's not weird to have a second passport.
Many many do.
@@richardcontinijr9661 Agreed, but distorting the reality in order to justify purchasing the second passport could be what he is referring as weird.
@@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.