EU Member to Tax its Citizens Worldwide?

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 cover the proposal of France's Finance Committee to tax French citizens abroad if they have lived in France for three of the past 10 years and now live in a country with a tax rate at least 50% lower than France's. Mr. Hendersons explains what potential exemptions there may be from the rule, as well as how France may make it difficult to get out of its tax net. Additionally, Mr. Henderson discusses how this move is part of a broader trend to prevent tax-driven relocations. 00:00 French Move Toward Citizenship-Based Taxation 01:40 Backdoor Tax vs. US-Style Taxation on Citizens 02:10 Specific French Tax Proposal 06:00 Forecasting Tax Policy Changes 09:18 Second Passports and Citizenship Options 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.