Thank you for watching this video on the top 0 tax countries in the World! If you want to learn more about how to legally lower your taxes subscribe: th-cam.com/users/WealthyExpat
I'm a bit confused about what you about Monaco. You had said that it was small, and you would start to feel bored/hedged in. But in reality, you have all of France surrounding Monaco. I'm not saying someone should do something illegal and spend the majority of their time in France and get in trouble. But I'm going to assume that some normal traveling into the French countryside + cities isn't going to get anyone into legal/tax problems. It's not like someone has to be locked in there and can never pass over the borders you know? Anyways, what are your thoughts on this?
You mentioned Monaco . . . yes, it is tax-free but not if you are a French citizen. France continues to tax their citizens that move to Monaco, the same way that Colombia does their citizens if they move to Panama.
@@zorbathegreek8339 It depends on the country that you are leaving and the country that you are moving to. In the case of Colombia, they only continue to tax their citizens if they move to Panama. Same with France and Monaco. Monaco has zero personal taxes and Panama has a generous territorial tax system. Other countries like Norway or Mexico continue to tax their citizens, but only for a few years after exiting the tax system. It gets complicated and every case potentially can vary. Consult with a tax professional in a specific jurisdiction if you have more questions
Belize has terrible access to the rest of LATAM. There are almost no direct flights to anywhere, except the USA. The one daily flight to Cancun is on a prop plane that can cost $400 o/w when factoring in luggage.
Great information! Thanks Sorry you didn't have rhe opportunity to explore El Salvador. You would have loved it. That little country has lots to offer and the social situation it's getting much better. I hope you can go back there in the near future.
Am I right in thinking that if one invests / purchases multiple properties in Dubai to rent out, they won't have to pay any taxes in Dubai nor their home country ? Thank you
Regarding the company formation visa in the UAE that costs $12-14k, do you have to prove that you are running an actual business? How much do you have to pay to renew/maintain the company and visa each year?
To maintain the company it's about $7K/year, and yes you need to prove that you're running a real business and provide previous bank statements if the business has been running before you register it.
If you go to Belize as a company investor there or even as a pensioner with their pensioner visa scheme, they will ask for bank statements and they will basically check out your every penny in the country. Some of these countries have their pitfalls and your have to do a lot of research before settling.
Yeah Netherlands has strict dual citizenship restriction, I would still ask your government for permission to have a second passport and see what they say
About Monaco you made 2 mistakes. As A French you still pay taxes in france ecen tho you live in monaco. And you still need a residence permit to live there as an eu citysen
You missed the number ONE country, where not only is it a zero tax jurisdictions for foreigners, but there is no requirement to even lodge a tax return for your business. Where is that? ,,,,, sorry can't tell you that !!
Hi, which are the best banks to get ? And have primarily access uk and usa with crypto friendly banking services and I am in the process of acquiring saint kitts citizenship...So with saint kitts passport which banking services r the best around the world? I heard singapore is best ...Love to hear your perspective and experiences guidance on the above... Thanks in advance :)
Thank you for watching this video on the top 0 tax countries in the World!
If you want to learn more about how to legally lower your taxes subscribe: th-cam.com/users/WealthyExpat
I'm a bit confused about what you about Monaco. You had said that it was small, and you would start to feel bored/hedged in. But in reality, you have all of France surrounding Monaco. I'm not saying someone should do something illegal and spend the majority of their time in France and get in trouble. But I'm going to assume that some normal traveling into the French countryside + cities isn't going to get anyone into legal/tax problems. It's not like someone has to be locked in there and can never pass over the borders you know? Anyways, what are your thoughts on this?
You mentioned Monaco . . . yes, it is tax-free but not if you are a French citizen. France continues to tax their citizens that move to Monaco, the same way that Colombia does their citizens if they move to Panama.
@@zorbathegreek8339 It depends on the country that you are leaving and the country that you are moving to. In the case of Colombia, they only continue to tax their citizens if they move to Panama. Same with France and Monaco. Monaco has zero personal taxes and Panama has a generous territorial tax system. Other countries like Norway or Mexico continue to tax their citizens, but only for a few years after exiting the tax system. It gets complicated and every case potentially can vary. Consult with a tax professional in a specific jurisdiction if you have more questions
Belize has terrible access to the rest of LATAM. There are almost no direct flights to anywhere, except the USA. The one daily flight to Cancun is on a prop plane that can cost $400 o/w when factoring in luggage.
What about another video focussing in Dubai alternatives in UAE, namely Abu Dhabi, Oman, Qatar, Bahrain ?
Hi, just to update there is no income tax as such in Bahrain. However, there is social security 5% for salaried individuals. There is 10% VAT as well.
Yes indeed you know your stuff I'm from the Bahamas 🇧🇸
What about Bali, Indonesia?
Very helpful and subscribed, thanks Rafael! 🙌🏾
Which of these would you say has the lowest cost of living, lowest housing costs?
Great information! Thanks
Sorry you didn't have rhe opportunity to explore El Salvador. You would have loved it. That little country has lots to offer and the social situation it's getting much better. I hope you can go back there in the near future.
For St Kitts & Nevis. If you get residency there, do you actually have to live there for x amount of days per year or no?
Rafael , good job! :)
Great vid, no bs, great jacket, thanks
Look into Romania - 1% capital gains tax
naaah...over there they jail you for no reason.
Can a brokerage account be opened for 480K, will that count as a bank account?
Does UAE has 9% tax now?
Please make a video on E2 investor visa!!
Will do, thank you for the suggestion
I think the building you are standing showing its your apartment is actually Grosvenor House Hotel
what about Portugal?
What about grenada?
I feel like you don't talk much about Panama, why?
Because panama is a blacklisted country by eu
Did you ever renounce? What's the update on that was getting harder
Am I right in thinking that if one invests / purchases multiple properties in Dubai to rent out, they won't have to pay any taxes in Dubai nor their home country ? Thank you
What about Costa Rica?
what about kuwait and saudi arabia ?
Regarding the company formation visa in the UAE that costs $12-14k, do you have to prove that you are running an actual business? How much do you have to pay to renew/maintain the company and visa each year?
To maintain the company it's about $7K/year, and yes you need to prove that you're running a real business and provide previous bank statements if the business has been running before you register it.
If you go to Belize as a company investor there or even as a pensioner with their pensioner visa scheme, they will ask for bank statements and they will basically check out your every penny in the country. Some of these countries have their pitfalls and your have to do a lot of research before settling.
Make a video about Cayman Islands special economic zone ..
Will do, they have multiple residence programs that are very interesting as well
@@WealthyExpat thanks ..
Great video Rafael, some interesting and useful information here!
Good to know, thank you for commenting!
My husband spent time in Dubai and liked it but I wouldn't move there as a woman.
What about Qatar?
What about the Global minimum tax push? Where is that now?
im from the Netherlands is it true im not allowed to have a second passport?
Yes. I’m surprised that you don’t know this lol
Yeah Netherlands has strict dual citizenship restriction, I would still ask your government for permission to have a second passport and see what they say
This might be an obvious answer, but im not sure
-If I renounce my US Citizenship, can I keep/use my US passport still?
No
A 5% VAT?? Where do I sign up?!?! 5% is nothing! The EU runs between 17% and 27%.
No puerto rico?
About Monaco you made 2 mistakes. As A French you still pay taxes in france ecen tho you live in monaco. And you still need a residence permit to live there as an eu citysen
You missed the number ONE country, where not only is it a zero tax jurisdictions for foreigners, but there is no requirement to even lodge a tax return for your business. Where is that? ,,,,, sorry can't tell you that !!
Tell me.
Wow all these insults that you're listing about the Caribbean, but yet you are there, using them!!
oh god
Hi, which are the best banks to get ? And have primarily access uk and usa with crypto friendly banking services and I am in the process of acquiring saint kitts citizenship...So with saint kitts passport which banking services r the best around the world? I heard singapore is best ...Love to hear your perspective and experiences guidance on the above... Thanks in advance :)
same question :)
Yeah, but you will put yourself at the mercy of FOREIGN COURTS, POLITICAL CLIQUES, ETC. Good luck if the sh!t hits the fan.
You are my son's beautiful intelligence...
Dubai is no longer taxfree my friend
I have about 5% of my portfolio in Uranium bitcoin any advice on any other Crypto currency that I can grow my $300k capital to a million dollars?
Doesnt Beleize have the murder capital of the world
I have about 5% of my portfolio in Uranium bitcoin any advice on any other Crypto currency that I can grow my $300k capital to a million dollars?
Most intelligent words I've heard.
I heard that his strategies are really good
He has really made a good name for himself
I got sir Dave Javens info, how good is he ?
He's really amazing with amazing skills He changed my 0.1BTC to 2.1BTC