How to Live Tax-Free as an American
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Top Comments (10)
The latest episode of our Live Like a King series has dropped! Join Mr. Henderson as we explore luxury living in one of the best value cities in the world—Kuala Lumpur, Malaysia: https://www.youtube.com/watch?v=hGvgJ1FYUlY
Yeah, LLC is not a Sub S Corp. You need smart tax advice. However it's structured, I really only need to be in the U.S. for Thanksgiving, Christmas, and Easter and maybe a family reunion function. So, maybe four weeks out of fifty-two do I want to be in the U.S. Otherwise, living in an ultra-safe country, such as Iceland, Switzerland, Aruba, or United Arab Emirates, with easy major airline access, is all I need for my immediate family and me.
Argentina just dissolved their tax agency, shrunk it down, are restructuring it in a simpler way, reducing their $30Kusd/month high wages and reforming their practices thanks to Libertarian Milei. I wish the same for every country that needs this. Long live freedom. 🗽
Yes! I’ve been waiting to see Kuala Lumpur Live Like A King 😊
Folks like Josh Nelson teach setting up a certain kind of trust, selling assets to the trust, running businesses within the trust, using a certain kind of life insurance policy within the trust, and taking loans from the policy (there are strategies to not repay), etc., is another way to entirely dodge taxation (via deferment, promissory notes, etc.), without needing to leave the country or deal with foreign accounts. Have you explored such a system? Thanks
Thank you for keeping us up to date and informed!
Happy Belated Birthday…🎉 I hope you enjoyed your day…❤
It should be noted that if you are an American living in France you are not taxed on sales or dividends of US-based securities in US-based companies if those proceeds are deposited in a US-based bank. Now as in all cases there is likely a whole lot more complexity to this than a single sentence statement can cover and of course you will still owe US taxes but it is worth looking into if all you want to do is move yourself to France and live off your assets. France is actually better than many other European countries in this regard even places like Portugal.
Bravo Mr. Henderson. Happy belated 🎂 🎉
Step 1: Tell the government they can take their citizenship and put it where you think
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Top Comments (10)
The latest episode of our Live Like a King series has dropped! Join Mr. Henderson as we explore luxury living in one of the best value cities in the world—Kuala Lumpur, Malaysia: https://www.youtube.com/watch?v=hGvgJ1FYUlY
Yeah, LLC is not a Sub S Corp. You need smart tax advice. However it's structured, I really only need to be in the U.S. for Thanksgiving, Christmas, and Easter and maybe a family reunion function. So, maybe four weeks out of fifty-two do I want to be in the U.S. Otherwise, living in an ultra-safe country, such as Iceland, Switzerland, Aruba, or United Arab Emirates, with easy major airline access, is all I need for my immediate family and me.
Argentina just dissolved their tax agency, shrunk it down, are restructuring it in a simpler way, reducing their $30Kusd/month high wages and reforming their practices thanks to Libertarian Milei. I wish the same for every country that needs this. Long live freedom. 🗽
Yes! I’ve been waiting to see Kuala Lumpur Live Like A King 😊
Folks like Josh Nelson teach setting up a certain kind of trust, selling assets to the trust, running businesses within the trust, using a certain kind of life insurance policy within the trust, and taking loans from the policy (there are strategies to not repay), etc., is another way to entirely dodge taxation (via deferment, promissory notes, etc.), without needing to leave the country or deal with foreign accounts. Have you explored such a system? Thanks
Thank you for keeping us up to date and informed!
Happy Belated Birthday…🎉 I hope you enjoyed your day…❤
It should be noted that if you are an American living in France you are not taxed on sales or dividends of US-based securities in US-based companies if those proceeds are deposited in a US-based bank. Now as in all cases there is likely a whole lot more complexity to this than a single sentence statement can cover and of course you will still owe US taxes but it is worth looking into if all you want to do is move yourself to France and live off your assets. France is actually better than many other European countries in this regard even places like Portugal.
Bravo Mr. Henderson. Happy belated 🎂 🎉
Step 1: Tell the government they can take their citizenship and put it where you think