Countries with Zero Foreign Income Tax!
Become a Wealthy Expat client ▶ [ Ссылка ]
Blog post explainer on this topic: [ Ссылка ]
✅ Watch my other video on Why I Bought a Passport for $150,000 to Save on Taxes: [ Ссылка ]
TIMESTAMPS:
0:00 Introduction
1:47 Republic of Georgia
4:50 Malaysia
7:13 Panama
8:46 Portugal NHR
11:14 Book a Free Call
In this video we talk about territorial tax countries, countries that don't tax foreign income as long as you follow specific rules to each country. This means that even if you live over 183 days per year in these countries, you could pay 0% tax since none of your income is sourced from the country. These countries mentioned are more livable than your traditional 0 tax countries like UAE, Cayman Islands, and Bahamas.
🚨 Important Note: If you’re a freelancer or your business depends solely on you to make profit, countries that would consider your foreign income tax-free (like Georgia) can require you to pay tax since you are all the time in Georgia and therefore the income can be classified as “Georgia-sourced”. Make sure you follow the local law properly. 🚨
Who is the Wealthy Expat?
The Wealthy Expat is run by Rafael Cintron, it's a Youtube channel and vision 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 60 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.
If you want to learn more about Rafael and his strategies book a free call with him here: [ Ссылка ]
In this channel we talk about:
tax friendly countries, citizenship by investment, avoid taxes, pay zero taxes, territorial tax countries, countries that don't tax foreign income, income tax, countries with no income tax, avoid taxes legally.
Other related people in this topic:
Nomad capitalist, robert kiyosaki, 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.
