How to Pay Zero Tax in Latin America (and Get a Second Passport for Free)
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Top Comments (10)
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.
On VAT, Brazil just passed a bill that will get it up to 28%, the highest in the world
Paraguay has a territorial tax system. Foreign earned income is tax exempt. Come to Paraguay ❤
I’m ready to see the Oman Live Like a King.
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.
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
Very Good Information
back to great videos thank you
This video is awesome!!!!!
Thank you, Andrew, we appreciate you.
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Top Comments (10)
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.
On VAT, Brazil just passed a bill that will get it up to 28%, the highest in the world
Paraguay has a territorial tax system. Foreign earned income is tax exempt. Come to Paraguay ❤
I’m ready to see the Oman Live Like a King.
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.
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
Very Good Information
back to great videos thank you
This video is awesome!!!!!
Thank you, Andrew, we appreciate you.