I'm done paying crazy taxes (How to shift to Dubai?) | Akshat Shrivastava

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Am I shifting outside India?
Should you also do so?

Watch till the end before you take any step :)

PLEASE NOTE: THIS IS NOT AN INVESTMENT ADVICE. PLEASE DO YOUR OWN DUE DILIGENCE
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Attributions:
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Video and Thumbnail Editor: Ayushman Khare

[AkshatZayn]

👉 Join my 4 day investment workshop in Bengaluru. LAST 20 SEATS! :

👉 Join India's first Investment Community for NRIs): attend classes, meet-ups, and learn about international investing:

👉 Get daily stock market updates: (only at 159/month):

[dhrubajyotidas]

Only tax payers can understand your pain.

[sumanpramanik]

Most of the Indians would like to shift if they get the opportunity.
Happy Shifting 😁

[gayakola]

It’s a shame we’re losing people because of our policies. I hope Indian government wakes up and starts charging taxes according to the state of the country.

[karthiknarmeta]

Average Indian Worked in India for 10years and working here for last 10 years I can fairly say building wealth in Dubai is much easier compared to India. 0 savings in India but saved a decent amount by my standards.

[p.a.sudhir]

It's pointless paying such high taxes in India especially for the Open Category who stand to gain nothing from any of the policies of the govt, be it State or Central.
The inflation is ever increasing and the returns on investments keep diminishing, except for govt employees who get inflation adjusted pay raise each year.
Good that you decided to shift abroad; anyone who has the opportunity should leave India.

[Salman-Bin-Ahmed]

Life is short and Taxes are huge, enjoy kar yaar life, if not in India, Dubai main. Happy Shifting.

[AbcAbc-thyl]

Very wise choice Akshat. Definitely ignore the barking dogs in comments.

[Sam-uoxk]

Leaving India is one of the best achievements till date

[wilsongbenjamin]

Appreciate your work. We live in a free country India.. So far. We have the freedom so far to make such decisions. You did the right thing by making Dubai 2nd home. I have been doing the same for over 20 years. Flight to India is less than 4 hours. Great place to live Dubai.

[ghostwarrior]

Previously he used to say I will not be shifting outside India many of my friends are suggesting me but because of my childhood and family I will still stay in India. And now he is saying about shifting. Hypocrisy ki bhi seema hoti hai 😂😂😂😂

[mehtavishalk]

Akshay is not moving to Dubai but he is shifting his businesses to Dubai. If that's the case, he is still sticking to his original decision to stay in India but as any smart investor / businessman would do, he is moving his businesses abroad to gain benefit of favourable business terms including taxes.

[shehzadkhan]

For every 1 Akshat we know who has shifted .... there are Thousands whom we not know of who have left the country because of Pathetic Government Policies

[MrBank-hcjg]

Both females FM Nirmala Sitaraman and Sebi chief are keeling Indian finances and economy. They were hired to fill female quotas and push the agenda that we fully supported women, see we gave them important seats. Now the same women make bad decisions, do not take accountability and responsibility and shift the blame. All power and respect, no responsibility. This is why men should lead every important positions especially financial responsibility of the whole country. In our society, people only keep men accountable, ask tough questions, give them warnings and punishments for bad decisions and let go of women's bad decisions as "chalo wo ek ladki hai", in any emergency it's "women and children first", they treat them as children in harsh times but also give respect and power as men in good times, this is called cherrypicking the good side of both. Nirmala is the worst FM in the history of India. I say that as a bjp supporter.

[pardeeptandon]

I have lived in Dubai for a long time. The heat does not affect you as you move from one air-conditioned environment to the next. The only time I have sweated in Dubai is when I am exercising in the gym.

[shishirs]

2 years later...why racism made me run back to India ...home is home.😅

[crawlhell]

Welcome to Dubai - I can related with your video - one of the key reasons the tax really pinches for every salaried employees when you see the tax payers money you are not getting anything in return - for the very reason I also shifted to Dubai 7 months back

[Pradeepch]

@Akshat It takes guts to share this kind of update when you are totally aware of the hate to be received. Appreciate the honesty.
I agree that investment options are limited to earn handsome revenue without paying significant tax.
My only question is will you continue to offer suggestion on Indian stock market ?

[amithbhanudas]

All the best!

only lighter note - consider giving free membership to wisdom hatch and other communities to the folks left behind in India. After all, they need to now bear the burden of the tax gap, resulting by your exit, and those exiting after being inspired 😀

[Liberal_right]

He is very smart and knows how to attract audience in YouTube channel & in his own paid community channel