How I Reduced My Tax Rate to 1%

Video Description

Join Our Email List and be the First to Hear about Breaking News and Exciting Offers https://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: https://nomadcapitalist.com/live/ Wondering how you can pay 1% taxes? Imagine for a minute that you’re looking to buy a car for $28,000. You’re most likely going to read dozens of online reviews, compare prices at various dealerships nearby, and possibly time your purchase just right so you can get the biggest discount. All that trouble for a savings of maybe $4,000, if you’re lucky. Now, think about your tax bill. If your annual income is $500,000 and you live in a western country, you’re easily paying $200,000 a year in taxes. Why not look into lowering that expense? Let us put that into perspective. In 20 years, you will shell out $4 million in tax. Now imagine to pay 1% taxes sounds great, right? In this video, Andrew will share his secrets about how he paid 1% taxes. 00:00 Start 0:18 Answer on Comment 2:00 Pay 1% Tax 4:58 Low Tax Countries 6:00 Investing in Belgrade 7:31 Investing in Malaysia 7:48 Living in Mexico 8:38 Taxes in the USA 9:38 Tax Residency 11:39 Renunciation of U.S. Nationality 12:30 Things to Consider When Choosing a Place to Live 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: https://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: https://nomadcapitalist.com/about/ Our Website: http://www.nomadcapitalist.com Subscribe: https://www.youtube.com/subscription_center?add_user=nomadcapitalist Buy Andrew's Book: https://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.