How to Live Tax-Free as an American

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In this video, we address the question of whether you can live in the USA and move your company overseas in order to pay zero taxes.

Mr. Henderson also explains how Americans can set up multi-part structures to move their lives and businesses offshore. Additionally, he shares tax-friendly countries and jurisdictions for international setups.

00:00 Why Go Offshore?
01:21 Can You Stay in USA and Move Company Overseas?
03:06 Tax-Friendly Quadrant
04:46 Tax-Friendly Jurisdictions
05:40 Global Banking
06:45 Exiting the USA and Multi-Part Structures
11:01 Advantages of Living Outside the USA
14:51 Protect Yourself Legally while Going Offshore

Nomad Capitalist helps clients "go where you're treated best". We are the world's most sought-after firm for offshore tax planning, dual citizenship, and international diversification and asset protection. We use legal and ethical strategies and work exclusively with seven- and eight-figure entrepreneurs and investors.

We create and execute holistic, multi-jurisdictional Plans that help clients keep more of their wealth, increase their personal freedom, and protect their families and wealth against threats in their home country.

No other firm offers clients access to more potential options to relocate to, bank in, or become a citizen of. Because we do not focus only on one or a handful of countries, we can offer unbiased advice where others can't.

DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.

[theancientandreios]

Argentina just dissolved their tax agency, shrunk it down, are restructuring it in a simpler way, reducing their $30Kusd/month high wages and reforming their practices thanks to Libertarian Milei. I wish the same for every country that needs this. Long live freedom. 🗽

[quartamile]

Folks like Josh Nelson teach setting up a certain kind of trust, selling assets to the trust, running businesses within the trust, using a certain kind of life insurance policy within the trust, and taking loans from the policy (there are strategies to not repay), etc., is another way to entirely dodge taxation (via deferment, promissory notes, etc.), without needing to leave the country or deal with foreign accounts. Have you explored such a system?
Thanks

[Tee]

Yeah, LLC is not a Sub S Corp. You need smart tax advice. However it's structured, I really only need to be in the U.S. for Thanksgiving, Christmas, and Easter and maybe a family reunion function. So, maybe four weeks out of fifty-two do I want to be in the U.S. Otherwise, living in an ultra-safe country, such as Iceland, Switzerland, Aruba, or United Arab Emirates, with easy major airline access, is all I need for my immediate family and me.

[dianaj]

Thank you for keeping us up to date and informed!

[MablePauls]

No one should worry about s corps or llc until your buisness turns profit or you need a legal entity for payment processor it's just a way of lowering personal liability and you can file the paperwork at through your state and state website save money.

[NoorD]

Yes! I’ve been waiting to see Kuala Lumpur Live Like A King 😊

[youareawonderfulman]

Mexico has recently reformed its tax agency by streamlining its structure and slashing those high salaries of $15K per month. This initiative, driven by Libertarian leaders, aims to foster a more effective and transparent system. I genuinely hope to see similar transformations in other countries facing similar challenges.

[Hanya_Shuten]

Americans GET OVER IT!!! Its just best to leave. Some of you are making your lives more difficult for no reason, especially when you can live beautifully in places all over the world.

[schuong]

Love your show. Can you make a video for Canadians on the same topic? Thank you!

[jrb_jr_]

Bravo Mr. Henderson. Happy belated 🎂 🎉

[solracer]

It should be noted that if you are an American living in France you are not taxed on sales or dividends of US-based securities in US-based companies if those proceeds are deposited in a US-based bank. Now as in all cases there is likely a whole lot more complexity to this than a single sentence statement can cover and of course you will still owe US taxes but it is worth looking into if all you want to do is move yourself to France and live off your assets. France is actually better than many other European countries in this regard even places like Portugal.

[TheeHoneyBadger]

Happy Belated Birthday…🎉
I hope you enjoyed your day…❤

[will]

Step 1: Tell the government they can take their citizenship and put it where you think

[ralphbuschman]

Can this business, be investing in equities or crypto ?

[Colin-pgsu]

Now we are getting good! great title 💪💪

[jamalgreen]

What most Americans dont understand is they sell you the llc and the reason why most Americans use an llc is because your conpany can be sued instead of you.Since your business will be under a different name and of course the tax write offs.But if you are moving your business to a jurisdiction that has a completely different tax system then an having an llc is pointless.Llc's only works best in certain jurisdictions and this is a big disadvantage because your business will always be tied to a certain location.But of course in The United States the government will never provode you with any alternatives its always if it works so well here why would you want anything else.But uaving other kinds of businesses will be more suitable and you will be able to compete on an international level instead of only competing in one region.

[Nizz]

I’m an American living abroad working for a non-American company. Is there a way I can dramatically reduce my tax bill?

[mattanderson]

Fantastic analysis
Thank you Sir

Brilliant discussion

You do a wonderful of shining a light on truth.
Main stream media is officially over! Always appreciate you, amazing work

Thanks Andrew

[FabletOfficial]

Just make sure to not live in the US and register you LLC in a country that doesn't tax your personal income or corporate income. Their are a few that do not tax at the corporate level if your clients or customers or not located in the registered country and will not tax your personal income if you do not live their full-time.

[creditbayauto]

What about living 9 months in PR for your personal taxes?