Thank you. Glad to have you.

@-ollie4544 I'm a freelancer.

👍

He's bouncing around from place to place because he has to. If he doesn't leave and he stays longer than 183 days, he will be considered a permanent resident and liable for taxes. Sounds a bit tiring, having to pack everything up and relocate every month. Granted that's Andrew's preference and that's great for him, but most people will get exhausted moving every month. I also understand that most countries will allow up to 90 days and some even longer, but still.

@@kimpeater1 you generally don't pack everything up. You have residence in multiple countries. you just take a suitcase and everything else is waiting for you in new places since you last left. And boarding a flight once or twice in 6 months is not that tiring to be honest.

​​@@kimpeater1 you're making little to no sense. If it's 183 days to be a tax resident then he doesn't need to move every month ... There are roughly 6 months in 183 days if you use your brain 🧠 And who would "pack everything up"? That's absurd. This channel is for rich people. You just tell the maid you're gone for 6 months and walk out of the front door with a suitcase of your favourite things. When you arrive at your second home you have stuff there and you hand your bags to the maid at the second house to unpack. Now if packing a suitcase to travel seems "all too much" for you... Then you should for sure stay at home for the rest of your life.

Yes, thank you, Joe.

@@nomadcapitalist Which camera model do you use now?

​@@user-gs3lp9jv4w like everything else with Andrew, it'll be $25,000 to get an answer.

It's $25,000 to talk to them, and this video reveals he is not very good at tax structures. I've been running businesses for 23 years without paying a dime in taxes. I pay my remote workers by wire and let them deal with their own tax issues. The $500 profits from opening a BVI company isn't enough for Greedy Andrew. He will have you renounce your citizenship so he can bleed you for 10's of thousands.

yeah, I wish i saw this comment first

Malaysia

@@rubensnogueira5838 I thought he said that he only spends 4 months in Malaysia and only pays sales tax there. I think the idea here is not to be a tax resident of anywhere.

@@ianpk5234 he is no tax nomad and advocates against it. He is tax resident in Malaysia due to its territorial tax system and could spend his life there, but he decided to have multiple homes and keep travelling around the world every year.

I think it’s Colombia as he mentions that and gives a tour of the place he bought in other video. Ecuador doesn’t tax outside sources of income either which is where I live. Less then 1% tax on over 200k income thanks to feie for wife and I.

Private International school in Thailand is $6,000 a year. Thailand doesn't tax your global income as an expat.

It's all lies mate.

I think he says it, I think he mentions Dubai. And do keep in mind that he gave up his citizenship to do this 1% deal. Most of us are not comfortable giving up our American citizenship. I certainly don;t want to. I mean if that is what it takes then is it really worth the trouble?.

@@sunmand6136 you Americans are a funny bunch. You cling onto that American passport like it's some kind of benefit, and you all shake at the knees at the idea of changing citizenship. Enjoy your 35-50% taxes.

No

The big key point is that Canadians can literally go anywhere else and pay less taxes. Americans are stuck paying high taxes no matter where they go -- and doubly taxed if there's no tax treaty with the other country.

Yes. I'm finally moving out. It's infuriating when the non-transparent Clinton Foundation charity gets over 20 million dollars while people here can't make a living wage. That's a quasi-socialist country for ya... soon-to-be-totalitarian.

@@manaflask8826 oh don’t worry, it’s not easy in Canada too. The government makes it difficult for Canadians to just leave and avoid paying taxes abroad. You literally need to cut all ties: close all bank accounts, sell your home and cancel your healthcare card…

@@BattousaiZ My household income is about 100k Canadian. Canada is barreling toward a fullout communist regime, and I'm looking for a plan B. However, according to wealth simple tax calculator, if my wife and I make 60k capital gains, and 60k in dividends (120K total). We end up paying under $900 in taxes... Nevermind child deductions and TFSA earnings! To me that still seems quite reasonable. Granted at this point i still have to earn my income through self-employment, so my tax burden is very high... if I lived abroad, it would be quite reasonable.

@@nathanhildebrandt2672 impossible 900$.Just google tax calculator and for 120K cad, you will pay around 30% of it in federal and provincial taxes.

Yes but that $112k you earn must come from a foreign source. It can't be from a US corporation or from dividends you hold in an account in the US.

Yes it's true. And if you have a wife that's another $112k. Got kids? $112k each.

Why not look into starting a Delaware business, and run everything through it, just make sure you don't have clients or do business in Delaware. This way you could live in the States, and pay ZERO taxes .🤔

$25,000 to talk to them. Worth it? Nope. The fact he pays any tax is proof he is just a shill for St Kitts passports or Malta passports. I'm starting to doubt that he even left the US.

You’ll have to search his past videos, he has a handful explaining options for people just like you.

Lots of retirees like Portugal.

Buy his book that has so many options!

Yes

They had a friendly nation's visa and they have retirement visas

Hello Chris, we made a Short for you kzfaq.infoGOeUqkftRJU

You need to invest 300K in property there to get Panamanian residency.

Nobody counts sales tax and GST/VAT as part of their personal tax rate. Fuck me, if they did, people in UK would be saying they pay 70%

@@michael-masi-2021 in reality in uk you pay 50% taxes, in Australia can be up to 80% buying a luxury car

@@coopsnz1 wrong. Luxury imported cars carry a 200% tax in Australia. 300% on imported cars of any value in Thailand.

Private International school in Thailand is $6,000 a year and Thailand does not tax your global income.

Most rich people just take out loans against their assests and avoid taxes that way.

Pay those taxes then. You're living half your life working for the government. Enjoy your 1/2 life.

Same. Im moving back to France :) North America is a failed continent.

Singapore is the best overall

DBS Treasures at DBS Bank in Singapore. You owe me a beer.

I think Ecuador is like that, and the threshold for gaining residency is quite low.

Thailand is another. There are dozens. Google it.

Mexico

UK also.

Reducing your cost of living would be a good start. Come to Mexico :)

@@FreedomPlaya Move to a developing country for lower cost of living. Geo-arbitrage!

He did, subtly though :) May or may not be a video of said country in this.

@@kevinw9964Please say. I can't figure it out. Or add a hint! Thanks

Andrew is a citizen of St Kitts and Nevis and he has renounced his US citizenship.

Malaysia

Mexico

Thailand

That's what Biden was pushing for with the minimum 15% tax. Authoritarians would rather try to destroy other places to compete, rather than make their own country better.

We pay for the killings of millions in the USA I don’t blame him

Pretty sure you got it exactly backwards.

@@nathanhildebrandt2672 dont think so... If you move to a country why you should pay less taxes then the locals if you use the same services the country provide?

If I wanted you to pay me money, there are two ways of going about it. 1: I can wave a gun in your face and threaten to kidnap if you don't pay (Coercion). Or 2: I can provide a product that you willingly pay for, and we both are better off for the value exchange (Capitalism). ​Take that principle to a global scale when shopping countries. Countries are incentivized to provide the best value for the wealthy nomad, because they can't get his money by force. Every country should do their best to entice people to come live there. Communist countries suck so bad, they have to force people to live there by not allowing them to leave. When the wealthy move somewhere, they create jobs. Poor people don't create jobs. He infuses capital into the economy, and benefits the locals very much. So he benefits, and the country benefits- It's a win- win! Almost like capitalism.

You just bring real estate speculation that make life Impossible for the locals that need a house to buy or rent.. the same locals that pay for the comunal services you use here trought taxes you dont pay.. regarding the incentives from the some governments.. usually weak governments that are permissive to the lobby of construction...

He has done a video on it and a video with a guest speaker with a family also. But the idea is the same... the family would ideally be moving around.... doesn’t suit all families..

Private International school in Thailand is only $6,000 a year and Thailand won't tax your global income.

You can hire a full time teacher for your children in about 12 low cost countries for $60 per week and homeschool. Guaranteed way to ensure your children are educated how you wish

Jealous much?

Union leaders & government poltican free loaders

Sound like a sheep listening to Andrew tate all the time plus Eastern European countries are strengthening regulations for naturalisation so will a lot of other EU because the countries are small. Americans stay in American u guys already ruined enough and we don’t want your mindsets here

Andrew does have kind of a meandering speech pattern.

Makes him a lot more believable to not be scripted in my opinion.