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How to Pay Zero Tax in Latin America (and Get a Second Passport for Free)

2025-01-17 Education
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Nomad Capitalist
Nomad Capitalist
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Become a Client: https://nomadcapitalist.com/apply/ Get our free Weekly Rundown newsletter and be the first to hear about breaking news and offers: https://nomadcapitalist.com/email Join us for the next Nomad Capitalist Live event: https://nomadcapitalist.com/live/ In this video, we explain how to move to Latin America and legally reduce or eliminate taxes, as opposed to ending up in "tax hell." Mr. Henderson reveals the best low-tax countries in Latin America. He also shares countries entrepreneurs and investors can move to that may have high headline tax rates, yet they offer exemptions allowing one to pay low or even zero taxes. Furthermore, Mr. Henderson explains where to incorporate your business when moving to Latin America. 00:00 Avoid "Tax Hell" When Moving to Latin America 01:12 Highest Tax Rates in the World 01:24 Chile: High Personal Income Tax Rate—But Exemption and Pathway to Citizenship 02:29 Colombia—Avoid Tax Residence While Enjoying Lifestyle Benefits 04:03 Ecuador: High Headline Tax Rates But You Can Pay Less 04:18 Uruguay: 11-Year Tax Exemption on Foreign Income 05:27 Mexico—Avoid the Mexican Tax Net 06:02 Argentina—Doug Casey's Setup 06:58 Venezuela: Taxes on Par with Canada 07:42 Peru, El Salvador and Nicaragua—Territorial Regime in Nicaragua 08:18 Costa Rica, Honduras and Panama—Tax-Friendly Countries 09:25 Dominican Republic—Tax and Immigration Advantages 09:54 Bolivia, Paraguay and Guatemala—Low-Tax Countries 10:42 Where to Incorporate Your Company Offshore 16:13 VAT Rates and Tax Culture in Latin America 17:43 Tax-Friendly Countries You Can Move to in Latin America Nomad Capitalist helps clients "go where you're treated best". We are the world's most sought-after firm for offshore tax planning, dual citizenship, and international diversification and asset protection. We use legal and ethical strategies and work exclusively with seven- and eight-figure entrepreneurs and investors. We create and execute holistic, multi-jurisdictional Plans that help clients keep more of their wealth, increase their personal freedom, and protect their families and wealth against threats in their home country. No other firm offers clients access to more potential options to relocate to, bank in, or become a citizen of. Because we do not focus only on one or a handful of countries, we can offer unbiased advice where others can't. Become Our Client: https://nomadcapitalist.com/apply/ Our Website: http://www.nomadcapitalist.com/ About Our Company: https://nomadcapitalist.com/about/ Buy Mr. Henderson’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.

Top Comments (10)

@thomashilmersen711 2025-01-17

It is good you mention this issue of using banks. It is often very difficult to get money transferred in and out of "tax havens", because everyone thinks such places are "suspicious". Even here in Bulgaria, where I live, my brokerage account suddenly closed my accounts, because Bulgaria was all of a sudden considered "suspicious". Likewise, my parents sold an apartment in andorra and struggled for many months to get the money out of the country.

53 7 replies
@gabrielriccisilva 2025-01-17

On VAT, Brazil just passed a bill that will get it up to 28%, the highest in the world

41 7 replies
@samfcarvalho 2025-01-18

Paraguay has a territorial tax system. Foreign earned income is tax exempt. Come to Paraguay ❤

29 1 replies
@ElliottJMiller 2025-01-17

I’m ready to see the Oman Live Like a King.

12 2 replies
@thomashilmersen711 2025-01-17

Colombia is def high tax. They even have a wealth tax. Also, you should talk about Spain's idea of a 100% tax on property purchases by non-EU citizens. More and more countries will come up with this kind of madness, as local people are priced out of the real estate market. As soon as you own a home in a place, they effectively have you "by the balls". They can impose super high real estate taxes, sales fees, etc. and there is nothing you can do about it, if you are not a citizen and thus not allowed to vote.

11
@nomadcapitalist 2025-01-17

Would you like more tax-friendly country options? In this video, we reveal the best tax-friendly countries close to home—so you don't need to move far away in order to reduce or potentially eliminate your taxes: https://www.youtube.com/watch?v=AX2i8zAGsVU

8
@mikecaliforniayoutube2990 2025-01-17

Very Good Information

4
@jc_tha_sovereign 2025-01-17

back to great videos thank you

2
@Mr.skydexx 2025-01-18

This video is awesome!!!!!

2
@chiefenumclaw7960 2025-01-17

Thank you, Andrew, we appreciate you.

1

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