Where Smart Billionaires Hide Their Money
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Жыл бұрын3 Passports You Can get in Less than 6 Months ▶ • 3 Passports You Can Ge...
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Mentioned in this video: billionaire, billionaire lifestyle, save taxes, hide my money, save money, cayman islands, uae, bahamas, cook islands trust, trust fund, pay less taxes legally, how billionaires not pay taxes, jeff bezos taxes, elon musk taxes, millionaire taxes.
DISCLAIMER: This video is not tax and/or financial advice. Any information or advice I give is purely based on my own experience and research. I am not a tax professional and/or lawyer and/or accountant so I am not liable for any steps you take to lower your taxes. I'm not a financial advisor nor do I pretend to be. Always do your own research.
@krystofjanisch Жыл бұрын
great video even for a 17 year old broke boy who have big plans ...
@sodiumchloride2610 Жыл бұрын
Im 22yrs old and have only 1000$ and watching this vid
@VILLVINOUS88 Жыл бұрын
I grew up poor but, if you stay hungry and never give up, you will have the life you want
@heinobezuidenhout674 Жыл бұрын
I’m 19 at the moment. At 17 I was still learning and reading books about money. It’s paying dividends right now. As Patrick Bet David would say, be aggressively patient.
@Malibukenn 11 ай бұрын
The younger, the better. When you finally reach a point where you have some savings or assets you will have the strategy to protect yourself right away. No Baby momma drama for you my friend.
@eleanorgroton5475 10 ай бұрын
It is disheartening to see the ultra rich get away with their shenanigans
@markaustin5229 Жыл бұрын
When you invest, you're buying a day you don't have to work
@andersonwhiteman751 Жыл бұрын
Assets that can make you rich Bitcoin Stocks Real estate
@josephfrys6969 Жыл бұрын
You're right , it's obvious a lot of people remain poor due to ignorance, it's better to take risks and make sacrifices than to remain poor
@popsarah7805 Жыл бұрын
It's not ignorance but due to some unprofessional broker in the market
@ningyen1444 Жыл бұрын
I have been an investor in the crypto market for over 2 years now
@ningyen1444 Жыл бұрын
Now is the best time to purchase and invest in Bitcoin, stop procrastinating!!
@chrisnotion 10 ай бұрын
Just paid the South African government 40% in taxes, excited to move everything over to Dubai next year 🙌🏼
@femiairboy94 10 ай бұрын
40%? That’s fucking crazy.
@joshanderson7358 8 ай бұрын
It's total madness.
@phd_phd 5 ай бұрын
@@femiairboy94my friends who were bequeathed a mansion by their parents were imposed to pay 74% out of 24 millions how the french government assessed it. They’re still suing tho it was like 2.5 years ago
@devburito7392 Жыл бұрын
Thanks for helping me to get knowledge about taxes and banks etc.
@abundancemindset777 Жыл бұрын
Brilliant video, Bro!
@mattanderson6672 5 ай бұрын
Thank you !!
@asteroidbuilds Жыл бұрын
Splendid video! I'll for sure consult you when I have problems 🤝
@kwannp6141 4 ай бұрын
This is by far your best video! Outstanding!!
@xavbaisden6422 10 ай бұрын
The only person I’m calling after the next bull run, Million dollar information thank you brother for sharing.
@karimallidina6633 Жыл бұрын
So how do you mitigate 3rd party risk of default or fraud now that you are several layers separated from your assets.
@rawrii1928 Жыл бұрын
Hello! Im moving to dubai in about a week for university. Your videos have been very helpful to me! I have seen some very conflicting information online about one topic though: pets. I have always wanted to own reptiles but some sources say this is not allowed, yet I see many dubai stores selling them. I know this isnt a usual topic you would cover, but perhaps it could be included in a "common misinformation/misconceptions" type video? Thank you so much!
@The_business_Podcast Жыл бұрын
It is allowed
@kwameamichel7770 Жыл бұрын
What a great video!
@DanXRP Жыл бұрын
Great video.
@saintwolfcrypto Жыл бұрын
this was cool thanks
@ChristianPozza Жыл бұрын
Hi Rafael, I have a question: when you have a Trust, a company owning other companies and then a company, how much difficult is to open bank accounts of the entities?
@The_business_Podcast Жыл бұрын
.
@SuperiorPresa-mv6xr 9 ай бұрын
A bro I breed killers check my dogs out @SuperiorPresa
@jslade60 9 ай бұрын
Here's a nice tip for someone who likes to store their belongings in vaults. The Security Center in New Orleans Louisiana is an old Federal Reserve Bank with a huge vault. These accounts are not named they are numbered only. So your assets can stay in the United States and you don't have to travel very far to put your hands on them!
@paulalbertlanglois Жыл бұрын
Nice video bro
@WealthyExpat Жыл бұрын
Thank you !!
@parthbarde166 Жыл бұрын
Make a video on e2 visa
@_Neo_X 4 ай бұрын
As a kid who just turned 14 now while ago you alredy helped me soo much, btw great video very informative
@elsbells8545 Жыл бұрын
Its better to pay or more, to get proper advice…. then do it yourself and hussel and get frustrated with bureaucracies, you can safe headache and time to do other things….You are on my list…..sir☝️🙏👍
@karimallidina6633 Жыл бұрын
How do you access monry not in your name to spend it?
@dlukton Жыл бұрын
Still, US citizens have to report all foreign trusts, all foreign bank accounts, and all foreign corporations.
@milton5399 Жыл бұрын
Awesome video Rafael, very insightful,Blessings. Please do a video on how to leverage life insurance.
@luisfegt5557 4 ай бұрын
wow... nice video ...
@dm5853 10 ай бұрын
Once you need a bank account you will have to reveal the UBO. Same if you establish a legal entity in the EU you will have to reveal the UBO to the UBO register
@NathanSmith-ng4ve 11 ай бұрын
Can trust own bank account? for example for payment for real estate etc?
@throwawayanon Жыл бұрын
Bro I was literally googling this stuff a few days ago trying to get a solid answer. Thank you.
@SmartBoy-ir3dr Жыл бұрын
where is better saint kitts and Navis or Dominica ?
@antoniobrasse7157 8 ай бұрын
The one thing I'll say is if you're going through a divorce or something similar where if you don't pay the judgement you could go to jail, you need to ensure your funds or assets are not in your name or your control. If you have legal control over those assets, you can be forced to give it up or face jail time. So having overseas bank or crypto accounts in your name may not protect you or having entities set up overseas that you still control. You could choose not to disclose ownership, but you might get in trouble in other ways that can also land you in jail.
@antonboludo8886 6 ай бұрын
Don't get married in the first place.
@samtoulayl 11 ай бұрын
What do you think about Trusts in UAE
@aarontheone7193 Ай бұрын
Take a shot every time he says company
@WealthyExpat Ай бұрын
Drunk in 10 minutes
@Aupm-1 Жыл бұрын
Once you transfer the properties to so many companies ec. Sachels , Dubai itc how would you use the equity to borrow more money to purchase more properties , who will borrow you then and how can you continue working ? This video is how to protect your assets , make a video how you'll be able to continue borrowing and purchasing around the world .
@Bambotb Жыл бұрын
Which countries besides the US requires to report these ?
@hamza2038 Жыл бұрын
Is it ok to create a trust fund and have it own all the assets. Will it still be protected or should the trust fund not be owned by me?
@manuelmanuel3968 10 ай бұрын
You already answered your question.
@tiomoidofangle102 20 күн бұрын
The way you get to the Cook Islands, of course, is in your yacht.
@jamescarmell2714 Жыл бұрын
But in the Vault, is layering of crypto cold storage assets possible
@JS-jh4cy Жыл бұрын
I am just waiting for my first 3 billions
@perfectly22smith38 Жыл бұрын
Can we have consult? How do I do that?
@JovanaSerb Жыл бұрын
Why? but you can give hime twenty five thousand if you want LOL
@tonboy8518 Жыл бұрын
Amazing video bro - now jus need enough money that's worth protecting
@boostandflow4603 Жыл бұрын
Hahaha
@KristnaSaikiaBillFortuneEagle 5 ай бұрын
😂😂
@zeev Жыл бұрын
This is how the King of England, "the crown" still owns the land under an extraordinary amount of the buildings in Manhattan, they lease the land in perpetuity.
@dropshipincanada Жыл бұрын
My strategy is buy Monero on a daily basis then purchase stable coin and luxury watches. No need to have a complex offshore structure this is the safest and untraceable method
@DeusExMachina50 Жыл бұрын
Where do you safely store your luxury watches?
@dropshipincanada Жыл бұрын
@@DeusExMachina50 a vault that is not associated to a bank in another country from where I live.
@rodneyd7773 Жыл бұрын
Can they trace who purchases monero and how much though? Seems like a solid idea, just trying to understand fully….for a friend of course 👀
@dropshipincanada Жыл бұрын
@@rodneyd7773 I don’t know 100% it could be a honeypot but as long as you buy Bitcoin your fine because they can’t freeze your Bitcoin but any other coin they can freeze it from the backend like fbi can call the creators of USD-C and have them freeze any stablecoins in a wallet and they have done this already many times Or purchase luxury watches.
@hendrixansel9750 Жыл бұрын
@@dropshipincanada The problem is the fact that if you buy any crypto coin with fiat they can trace the fiat that you used to buy the crypto.
@joergkalisch7749 Жыл бұрын
Those days are numbered . One transfer and you are on the radar screen .
@MrWarrenRB Жыл бұрын
I've learned so much from his channel, thank you! Also, can we get a video about what usual crypto coins you and your clients hold?
@realistic.optimist 8 ай бұрын
Never cast a shadow, zero residual presence.
@dfg297lpopdirk Жыл бұрын
if i get a Grenada passport do i have to declare it in my country
@Johntheviewer Жыл бұрын
Where are you from?
@yurig2530 Жыл бұрын
No, you don't . I have 5 passports, and I don't declare anything.
@lu9464 Жыл бұрын
Thank you for your SPECTACULAR video.... ciao da ITALIA 🇮🇹❤️❤️❤️
@elsbells8545 Жыл бұрын
7:19 : 🙋♂️ be careful of Ledger…☝️🙏
@WealthyExpat Жыл бұрын
Yes true !!! Better have another wallet
@666mengel 6 ай бұрын
There is no need to move off-shore to create a trust! The State of Delaware offers plenty of tax-free products with guaranteed personal privacy.
@user-bz6cd2yr9s Жыл бұрын
😊
@parthbarde166 Жыл бұрын
Will banks in Dubai send me enquiry if I sell a property for bank transfer that i have purchased with crypto?
@kameliaborisova111 8 ай бұрын
Why just in Duvai everything no everybody likes to visit Dubay or to trust. I DON'T!
@REAL-rd4wy 7 ай бұрын
he confuse
@M.Malik5361 5 ай бұрын
Why people.have to hide so much, just tax them at right amount and be both happy tax giver and tax imposer
@jonathanmichaels8331 Жыл бұрын
You really think this guy will tell everyone where all the big guns keep their money on KZfaq. This is clickbait.
@JovanaSerb Жыл бұрын
If he tells their secrets, then its NOT secret anymore.
@dropshipincanada Жыл бұрын
You need to keep your real assets in a private companies vault not a bank vault then your protected from authorities or just keep the watches in a storage unit most of them are pretty secure also purchase Watch insurance just to be safe.
@matejhantabal235 Жыл бұрын
bruh
@FreePizza007 Жыл бұрын
Hatton gardens vaults were holding customers gold. And it was stolen. Nothings fullproof.
@thatundeadlegacy2985 9 ай бұрын
Must be annoying to deal with all the stupid cases.
@simona4315 Жыл бұрын
This kid still needs to grow up. He's learning ABC and thinks himself Shakespeare!
@Moorsho 11 ай бұрын
You mean to tell U.S is not a safe country to be wealthy.
@penguingobrrbrr353 9 ай бұрын
Why is it bad to have assets under your name so much hated?
@TheEmperor000 5 ай бұрын
You make yourself vulnerable to lawsuits... example: someone might falsely accuse you of something you did not do, and get money out of you
@penguingobrrbrr353 5 ай бұрын
@@TheEmperor000 you can prove you are innocent with documents and stuff.
@TheEmperor000 5 ай бұрын
@@penguingobrrbrr353 Sure...
@mohamedashoor266 Жыл бұрын
You said alot of you clients do that ? Who's your clients ? If there biliioners believe me they don't need your services because they have alot of lawyers and they now how to reduce there tax
@sureshkumar-zo5sl Жыл бұрын
Lawyers don't have knowledge on financial happenings boss
@beca8898 Жыл бұрын
Interesting but who signs the documents at the bank when say buying real estate? Always need to show a Passport and ID connected to company.
@dlukton Жыл бұрын
The other thing is that when you get a CBI passport from a Caribbean country, the passport specifies your country of birth. And if you were born in the US, a banker... anywhere in the world.... will assume that you're a US citizen.
@nomadclient4047 Жыл бұрын
Bro I lost confidence in you when you got Serbian Citizenship.
@WealthyExpat Жыл бұрын
🫠
@JovanaSerb Жыл бұрын
Westerners are NOT welcome! Go somewhere else. So Rafael spent a million Euros on Golden Passport? Serbs want nothing to do with you people
@nomadclient4047 Жыл бұрын
Where NOT to put your money....Serbia. If you don't get scammed, you will spend weeks getting approval from the tax office to wire it out of Serbia 😢
@stevan2399 Жыл бұрын
They keep your money as long as possible.
@tan90821 Жыл бұрын
Going to st. kittis & nevis is very hard. I'm Malaysian. More than 30h+ of journey+ no easy routes + 3 time plane changing......very much disturbing.
@hendrixansel9750 Жыл бұрын
you don't need to physically go there.
@yurig2530 Жыл бұрын
@@hendrixansel9750 you need, if you live in Malaysia
@shadowstunter3687 3 ай бұрын
I get mad at your appearance
@WealthyExpat 3 ай бұрын
Stay mad bro
@shadowstunter3687 3 ай бұрын
@@WealthyExpat just joking mate your cute
@merlinsreturn 9 ай бұрын
This is a Dubai shilling channel. Dubai is the capital for PIMPS like those Tates. There are plenty of other wealthy clean places to form a company. Cash isn't the only thing. It's just one thing.
@dustyautumn8780 4 ай бұрын
Agreed.
@Kurtfrei25 Жыл бұрын
'''Honestly crypto does serve a purpose i'm glad I got into crypto when I did because it’s been a turning point for me financially,been my best decision so far ...
@Berry.A554 Жыл бұрын
as an independent man I started my first investment plan with just a $1000 and now earning weekly income of $5000 in cryptocurrency exchange with my personal broker
@cylnvicfx Жыл бұрын
The financial markets are full with opportunities, but l've learned a lot over the past few years to doubt that. The key is knowing where to focus. Well appreciated, Elsa Helwig
@jimbernitt8867 Жыл бұрын
Where can I contact Mrs elsa helwig please?
@cylnvicfx Жыл бұрын
SHE IS ON TELE GRAM'''👇👇
@cylnvicfx Жыл бұрын
@Helwigtrades That's User name
@akanas3829 7 ай бұрын
Iam from Dubai Can I get Ur any contact