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Places like Dubai, Monaco, and The Cayman Islands are well known for being tax-havens. Meaning you can pay zero tax without much effort. But, you may not know about the lesser-known places with similar low tax jurisdictions. In this video, Andrew shares four countries with low taxes you’ve probably never considered.
00:00 Start
00:36 How to Reduce Your Taxable Income
– Countries Without Income Taxes
– Tax-free Countries for Business
– Pay Zero Tax
– Countries With A Territorial Tax System
01:22 Taxes in Russia
– Living in Russia
– Moving to Russia
– Living in Moscow
– Is Saint Petersburg A Good Place to Live?
– Russian Citizenship
– Crypto
– Is Russia Good for Tourists?
– Dating
03:09 Taxes in Italy
– Living in Italy
– Moving to Italy
– Buying Property in Italy
– How to Become an Italian Citizen
– Italian Passport
05:56 Taxes in Ireland
– Living in Ireland
– Moving to Ireland
08:05 Uruguay
– Living in Uruguay
– Travel to Uruguay
– Taxes in Uruguay
– Can Foreigners Buy Property in Uruguay?
Andrew Henderson and the Nomad Capitalist team are the world’s most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to “go where they’re treated best”.
Work with Andrew:
Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle.
Our growing team of researchers, strategies, and implementers add to our ever-growing knowledge base of the best options available. In addition, we’ve spent years studying the behavior of hundreds of clients in order to help people get the results they want faster and with less effort.
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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.
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Why don't you include the cost of living in the calculations? If you go to country 1 and pay $100k in taxes and cost of living are let's say another $100, the yearly sum is $200k.
But in country 2 you pay $120k in taxes, and cost of living is $60k = $180k total yearly expense. It would make more sense, tax is only one part of living somewhere.
Russia is not great place right now
LOL – you send an email to your subscriber list 1 day after Russia invades Ukraine…and you're promoting Russia as a place to move to. You gotta be kidding. Your credibility just got shot buddy!
Uruguay looks to be a very, very special place and it is on my radar. Strong human rights record and very stable democracy. Plus there are miles and miles of surfing beaches. The food and the culture would be amazing to experience. I just need to get more fluent in Spanish.
Camera Tip: If you sit on the back of your jacket, it doesn't bunch up around your shoulders on camera. I learned that from the movie "Broadcast news" 🙂
Andrew is awesome. Typical Americans are going, "OMG! Russia is the Fourth Reich! Gotta stay in the USA, a real democracy that never attacks anyone else and has a totally legitimately elected president."
Great blazer!
Ya, it all sounds good until your chosen countries takes all your money
Andrew, I just can't believe you would recommend Russia with what is happening right now with Putin.
I do NOT think that Russia is a good idea these days……………..
Recommending to live in Russia right now is pretty bad timing for this video, haha
Well this didn’t age well. Russia…
big oof…most important thing is to have autonomy and land far away from everything, but the time is running out for that…
This didn't age well…
What's the name of this Russian program? Is there any update on their citizenship by investment program?
I'm in Georgia right now but looking at next options after what is happening in the Ukraine. Can't help to think that Georgia might be next.
Russia at this time, really Andrew.
For Russia does the 66k how long will it take to get the passport… also in Ireland…
It fascinates how investors pull through this in the investments space When stocks n coin at a time Inflate and deflate without notice, for me I would have had a heart attack
It fascinates how investors pull through this in the investments space When stocks n coin at a time Inflate and deflate without notice, for me I would have had a heart attack
With all the news now about Russia, I've been searching about it and I'm really interested in Sochi.
Batting zero, in searching for other female viewers, which, are mostly male, as expected….but, screech, halt, we put on the brakes, finally found another female commenter, Mimi momo. So it’s not just us, which wouldn’t matter anyway. I like the Russia 🇷🇺 mention on this video, v much.
Know this is going to sound different, perhaps, maybe not. I also am curious to regions in the world with really old, or much older populations. Like living around them, best. Felt this way, all my life, actually, since age 5, decades ago. Lol. 😀
We’re laughing Andrew, giving a quick glimpse at comments, see zero female names, so far. There are some female entrepreneurs, and certainly, female business women, but, I’m getting a kick out of this discovery and curious now, to watch for them….😀
Andrew is my freaking guy! My wife and I have been doubling up our hustle to work with him and go where we're treated best!
Going to Russia now? I guess you have filmed it before Putin threatened to invade Ukraine.
If you recommend Russia, how about Antarctica?
I love how you said, Russia is potentially a place to go if you're in the dating scene, because long time viewers know that your wife was a Russian citizen before she was able to claim her Armenian citizenship by descent.😏
Russia now is toxic to living or doing business for
My productions were right, you were actually heading to Russia since long time Andrew, but today you made it clear.. great, but what about sanctions against Russia ? And problems we would face in Western influenced countries after so much funds transactions between Russia and them ?
Whats the name of the russian program?
Nice timing to promote Russia for sure 😅
Yeeeeeeah I reckon Russia may not be an option for the moment
3:09 About Italy's program.
So I apply and start, and use this program for 15 years maximum, and during these 15 years if I leave the program I can not apply ever again ?
Did I get this right ?
Am in the process of getting a visa for Italy. I bought an apartment there pre covid and I will say for property you can buy extremely cheap there, especially if outside the big cities which is easy as there are lots of charming towns close to the cities. You can also enjoy a fairly good quality of life at low cost. The downside of Italy is that the country’s bureaucracy is simply painful and can drive a person insane
Russia? 😂😂😂🤣
Lump-sum taxation in Italy only works once. You can't go in and out of the system.
Seeing a lot of people setting up a base in Uruguay!