The Thing Billionaires Buy to Pay Less Taxes

What Billionaires Are Buying to Lower Taxes, the ultimate secret only the rich know.

Have questions or want to check if we can help you?

*This video is an extreme oversimplification of the tax laws and tax regulations of different countries. Different countries have tax treaties and regulations that work differently than mentioned in the video. This video SHOULD NOT be taken as tax advice since it is not created by a tax lawyer, tax advisor or accountant. Do your own research and seek help from a tax advisor before you do anything.*

Who is the Wealthy Expat?

The Wealthy Expat is run by Rafael Cintron, it's a Youtube channel and company dedicated to helping you lower your taxes, get a second citizenship, and travel the World to increase your freedoms and happiness. Rafael Cintron is a 7-figure entrepreneur who's traveled to more than 65 countries, gotten multiple residence permits all over the World, and a second citizenship by investment. He is committed and passionate about teaching you these topics.

We have a full team of people living in Dubai, UAE to help you set up residence and a zero tax company in the most upcoming country in the world.

In this video we talk about citizenship by investment, the common practice of wealthy people to buy a second passport to protect themselves, their assets, and their families from high tax governments, lawsuits and financial problems overall. Many people don't know that the rich do this, and many millionaires and billionaires get criticized for buying passports, even though everyone would do it if they had enough money for it.

Many countries around the world offer citizenship by investment for a reasonable price and I recommend it for many wealthy individuals around the world for asset protection, wealth management, opening foreign and offshore bank accounts, and opening foreign companies abroad. Buying a passport should be on every wealthy person's todo list since it will give you more privacy and protection that anything else.

Mentioned in this video:

tax friendly countries, avoid taxes, pay zero taxes, move to another country, move abroad, move to another city, how to move abroad, lower my taxes, avoid taxes legally, low tax countries, best countries to live, citizenship by investment, buy a passport, passports for sale, saint kitts and nevis, antigua and barbuda, get a second passport, move out of the usa, renounce us citizenship, cyprus citizenship by investment, malta citizenship by investment.

Other related people in this topic:

Nomad capitalist, offshore citizen.

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.

[BironClark]

Definitely not a waste of money! It's a backup plan. Options have value

[DeepakKumar-npcg]

Shared your linked to friends... Going to share in twitter also . ... U the best bro

[micomarinas]

will malta bring back its cbi program?

[dwlof]

Video Request: Can you please do a video on how to manage / deal with mobile communications when one is traveling frequently to different continents ie do you have different sims for different countries etc?

I think that would be of interest to many of your subscribers.

[ronpep]

I thought you weren't able to renounce

[poseidon]

Your best presentation yet. Don't know about the facial hair though.

[maxtezzi]

When applying, how does the process of getting a second citizenship from your home country remain private from the govt during their due diligence process?

[boristheslav]

Simple as can be. Almost everyone is entitled to a second passport somewhere from family. Check your family tree and apply. If you don’t qualify then consider buying a second passport.

[londonwerewolves]

1:49 1987... Spring of 1984, what's the difference? Got the flag part right.

[g-money]

If a person renounces U.S. citizenship, can they ever come back to the U.S. as a visitor(using another passport)?

[rruprhh]

Your mic quality is shady. was not like that before

[dr.honorable]

ok you r going to make my comment invisible, but anyway..." back then their passport was weak" In 1987 provided you had the funds, it was very easy to get a visa with ANY passport.

[rugger]

Did you renounce your citizenship yet?

[SALFXEF]

I cant afford to buy a residency or citizenship. But I do qualify for an Italian citizenship through (jure sanguines) ancestry. I am in the process hopefully I'll have my EU Italian passport Within a year or 2. I also Like Columbia And Mexico. I will probably work on Mexico. Just have to be careful about taxes

[borey]

How can crypto make me rich, How can crypto make me rich everywhere, listen You can only be rich when you gotta substantial knowledge about crypto before investing/trading otherwise you will trade blindly.

[samuelblunt]

Great stream, as always. I appreciate the level-headed approach you take to the news and the markets.. A lot has changed and that's on everything but the truth is I don't even care much about bullish or bearish market anymore because Feven Lena got me covered as I am comfortably making 1.5BTC every month implementing her daily signals and strategy on my trades.❤❤💕