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Europe Plans to Tax its Citizens WORLDWIDE?

2024-08-04 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 Join us for the next Nomad Capitalist Live event: https://nomadcapitalist.com/live/ Join us as we discuss the potential adoption of citizenship-based taxation in France, similar to the US system, proposed by a French prime minister candidate. Mr Henderson outlines the implications for French citizens living abroad, comparing it with the existing US tax policy for expats. He also explores the broader trend of Western countries considering such tax measures and emphasizes the importance of obtaining a second passport as a safeguard. 00:00 Start 00:39 French Prime Minister Candidate Proposal 02:27 Past Options for French Citizens 04:48 Comparison with the US System 07:01 Strategies for Obtaining Second Citizenship 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)

@andrescv2665 2024-08-04

First time I feel "lucky" to be a third world citizen. When you have a passport of a country nobody cares, you can be a global expat with less drama.

401 15 replies
@tentimetex 2024-08-04

If France does it, then other EU countries will feel emboldened enough to do the same thing.

385 32 replies
@xavierhernandez8245 2024-08-04

I'm French. The political party who plan to do this will never be allowed near any power position. It also would never have strong enough majority in french assembly to pass any new law.

265 48 replies
@ThePursuitofHappiness 2024-08-04

What a joke. Imagine, you moved to the UK 20 years ago. Never go back to France. Pay full tax in the UK but France thinks you should suddenly pay tax. LOLZ

258 29 replies
@De_Séchelles 2024-08-04

West is really falling down

228 9 replies
@cdt996 2024-08-04

What a scam. Imagine if you did this in business. No one would ever agree to that arrangement!

177 4 replies
@HughJass-313 2024-08-04

This is what happens when you need a _New Population_ to *Colonize...* 😂😂

111 5 replies
@froufou100 2024-08-04

😱 I haven’t lived in France for 30 years, I wonder how far back they would go. Honestly, they have to be imaginative how to get more money from citizens Instead of Spending existing money efficiently - all politicians are the same!

109 5 replies
@josiah5776 2024-08-05

The vast majority of taxes in Western nations does not go towards roads, bridges and infrastructure. It goes towards entitlement programs, special interests, pockets of the elite and foreign interests.

18
@Phil_br 2024-08-04

They’re desperate to find money and then they’re wasting it, as usual.

12

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