ZERO Crypto Taxes in 2 Weeks (Secret Country)

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Summary of this video:

💼 Establishing Tax Residency in Barbados

- Barbados offers a unique provision for foreigners to become tax residents without residing 183 days a year.
- Process involves setting up a company, obtaining a work permit, and securing residency.
- Barbados imposes no crypto gains tax, wealth tax, inheritance tax, with a low corporate tax rate.

🌴 Benefits of Barbados Tax Residency

- Barbados boasts no physical presence requirements for maintaining tax residency.
- Offers attractive tax rates comparable to other favorable jurisdictions.
- Not perceived as a tax evasion haven, providing a secure and legitimate tax residency option.

🛡️ Cashing Out Crypto Gains in Barbados

- Residents can cash out crypto gains to local banks or online platforms like Wise and Revolut.
- Advised caution on cashing out to avoid account freezes or restrictions.
- Program offers global accessibility for individuals seeking to minimize tax liabilities.

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.

[lchtjiv]

We work for years to get $1 million, while some people I know put thousand of dollars in some meme of coins and they are millionaire

[jennifermontague]

Thanks for continuing updates I'd rather trade the stock market as it's more profitable. I make an average of $34, 500 per week even though I barely trade myself.

[MortalJupiter]

Thanks man, mainly for getting a residency somewhere else pretty easily. I’d live there full time

[WyattDavid]

You work for 40yrs to have $1m in your retirement, meanwhile some people are putting just $10k in a bitcion coin for just fe months and now they are multimillionaires.
I pray that anyone who reads this will be successful in life

[jeremyleonbarlow]

You can also obtain permanent residence in Barbados by purchasing a property there over the threshold amount and benefit from being ordinarily resident, but not domiciled in Barbados. This would mean you are not taxable on any income you do not remit to Barbados.

[sergioromanos]

What is the best way for someone with more or less than $8, 000 to start trading cryptocurrencies right now?

[rasloonz]

Thank you, really great info. I am looking forward to speake to you some day.

[alexandravan-esth]

Hit 200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with 17k in last month 2024 Investing with Juliana Heidi

[Goodmorningmrnathan]

Does the company registered in Barbados need to have a minimum annual turnover to maintain it?

[DStrayCat]

Something you didn't touch on... Do you require a residence ? I like to Sail and would live on my Sailboat while there. To my knowledge, there are Marinas in Barbados, where I could park my boat and live on it... I'm thinking that I might be able to use the Marinas address as my residence... Have you heard of this being done? Thanks 🙂

[Xajsjs]

what about the CARF agreement that Barbados is a signatory to?

[sc]

Paraguay and El Salvador are what I am looking into.

[HarryValdez-]

Hit 200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months.
Started with 14k in last month 2023..

[pedrolopez-htcj]

Puerto Rico was way better and way easier to do been doing it for five years

[bobwarshaw]

I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Katherine Flores.

[pavicopter]

Excelente video, Rafael: Espero que la gente te escuche con atención para evitar complicaciones si es que deciden viajar
o permanecer en uno de los paises que tú mencionas. Mi nombre es Darío Mendoza (USA).

[da_cat]

Thailand and Argentina just went 0 tax on crypto i think

[Aerxander]

Wouldn't Paraguay be a lot easier?

[johnsononeil]

Exploring the high-stakes world of day trading reveals a blend of risk and reward, where strategic leverage plays and timing during market fluctuations can lead to significant gains from minimal investments. This approach emphasizes the necessity of careful risk management, including setting stop losses and technical analysis, to navigate the volatile markets to grow a nest egg of around 100k to a decent 432k in the space of a few months... I'm especially grateful to Katherine Flores, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

[dialecticalmonist]

But as a US citizen, of course, none of this matters until I renounce. Correct?