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Europe Lost Another Tax-Friendly Country

2024-05-14 Education
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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 Get on the waiting list and join us for the next Nomad Capitalist Live: https://nomadcapitalist.com/live/ Join us as we delve into the recent abolishment of the non-dom regime in the UK and its implications for individuals and businesses. Discover why this tax-friendly system is ending, how it affects you, and explore alternative options in this changing tax landscape. BUT, When one door closes, another one opens, and there's a new option. While the UK might not be an option for some, there's a new opportunity on the horizon... one that most people haven't heard of. We'll be discussing this, along with all the other new and updated tax deals, both good and bad, at Nomad Capitalist Live. 00:00 Start 00:35 Understanding Non-Dom Tax Regime 3:07 How Do Different Tax Systems Work 4:52 What is Actually Happening 8:12 New Tax Regime and Incentives 13:51 Alternatives to the UK 16:25 What's Next? Nomad Capitalist is the world's most sought-after expert on legal offshore tax planning, dual citizenship, and international asset protection. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where you're treated best." Nomad Capitalist has served as the “architect” and “general contractor” for 1,500+ clients who wanted one company to manage their holistic plans. We help these clients keep more of their wealth, increase their personal freedom, and protect their families and wealth against current and future threats at home. Our in-house team of researchers, strategists, and executioners know more about these strategies than just about anyone. We’ve also spent more than a decade building a trusted network of attorneys, accountants, real estate agents, and others to assist our clients. As a result, our approach is not only holistic, but agnostic; we offer our clients advice on and options in 90+ countries, more than any other firm by far. If you’re looking to diversify internationally, whether for lower taxes or as a “Plan B”, trust the industry pioneers at Nomad Capitalist and our experience serving the needs of globally-minded entrepreneurs and investors. 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)

@Snakebloke 2024-05-14

I'm British, and I can tell you, this country is FAR from "tax friendly". The country is broken, and it's getting worse. Social Cohesion is falling apart: - We have £2,500,000,000,000 of national debt... - The National Health Service is falling apart, and you need to wait for 18 months for a specialist appointment. - The government let go of almost 30,000 police officers...so crime is increasingly unpunished... DON'T come here. I promise you. It's a mistake.

259 37 replies
@basicsurfer08 2024-05-14

lol UK citizens are fed up with the increased taxes no one gets rewarded here instead most of the taxes goes to helping other countries with war and then to help people that enter illegally. Its such an unfair system

209 24 replies
@bigfisher4354 2024-05-14

There is a reason why London is both the money laundering capital of the world and the financial capital of the world. There is a reason why all the big British banks have a long list of money laundering and tax evasion. There is a reason why all the big accountancy firms are HQd in London. There is a reason why London trades more USD per day than the entire USA - in fact London makes up 40% of all daily global FX transactions. There is a reason why London has the highest density of banks in the world. There is a reason why 1/3 of all offshore tax heavens are British overseas territories. There is a reason why the UK has arguably the best secretive laws and libel laws in the world. The UK is the best place in the world to store your money due to the large web of financial services it offers. Unfortunately, the regular Brit never sees a penny of this wealth.

137 12 replies
@SaqibAhmed-kc9ho 2024-05-14

I come from an immigrant family, I am the first of my family to be born in the UK, trust me, this place is dead, when people like me start thinking of moving abroad, you know the show is over!! I'm a dual national by birth and from what I've researched, there is no shortage of options out there. I'm trilingual and am learning another two languages in preparation for going. I don't plan on setting my foot back in the UK ever again. I'm not interested in any E.U. country, I just don't have the patience with these high tax, huge red tape countries. To start a small business you need to grease half a dozen government departments..no no. The world is big and there are a lot more opportunities out there. Why stick with these ass holes? I want to go where I'm treated best. I can across Andrew post 2008 banking crises, back then it was just a simple blog, and I would read his articles and it opened my mind up on how things worked. I'm really happy for what Andrew has created with Nomad Capitalist, I wish him all the best.

76 7 replies
@87solarsky 2024-05-14

Ireland has a fantastic city-centre camping program in Dublinistan.

30 4 replies
@chizzlemo3094 2024-05-14

I left years ago and I feel a mixture of anger and sadness at how they are destroying this country, I can't return, its getting ever worse

19 1 replies
@angus3963 2024-05-14

Given what's going on, plus the tax changes, why someone who can leave would want to stay in the UK is beyond me.

18
@jonrods3415 2024-05-14

thanks for this information.

10
@danstobbart4406 2024-05-17

Greedy rich want to get more & pay less tax..please leave UK & go to tax havens with other greedy selfish people🤔

9 5 replies
@char8691 2024-05-14

Free room and board for those who come by boat... All welcome..

5

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