If you want lower taxes, do not move to Nevada or Florida! Why?
Keep watching the video for details.
We all know that entrepreneur that moved from California to Nevada, or from New York to Florida, to save on taxes.
After all, nine US states have no state income tax, and not paying state tax can save you thousands of dollars.
However, by applying the 80/20 Rule, we find that most entrepreneurs who eliminate state tax are only saving a fraction of the taxes that they could by moving overseas.
In this video, Andrew discusses why moving to another state to eliminate state income tax is unproductive when compared to the tax benefits of being an expat.
He explains that moving is moving, and if you can move to Miami, you can probably move to Panama.
The truth is that you can't avoid taxation in the US, but there are so many legal and straightforward ways to do that when you get out of the country.
To learn more about different types of taxation, take a look at this video:
[ Ссылка ]
If you want to work on your offshore strategy and plan, then this channel and Nomad Capitalist are right where you're supposed to be. Keep watching!
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ABOUT NOMAD CAPITALIST
Andrew Henderson travels to nearly 30 countries every year to stay up to date on the latest legal strategies for entrepreneurs and investors to pay less tax, grow their money faster, and build their personal freedom.
Andrew started Nomad Capitalist to help people like you follow his five magic words: "go where you're treated best". He has personally started foreign companies, opened offshore bank accounts, and obtained multiple second passports.
He also learned the hard way that perpetual information seeking is often the biggest barrier to getting the results you want. Many entrepreneurs spend months and even years constantly researching how to pay less in tax or live overseas, but are afraid to make the jump.
As a result, they get stuck and keep paying a fortune in taxes and never get the lifestyle they deserve.
Nomad Capitalist's Youtube channel is based on Andrew's vision that focusing on the end result, rather than the latest shiny object, is the best way to actually obtain the benefits of the Nomad Capitalist lifestyle.
About Andrew: [ Ссылка ]
Our website: [ Ссылка ]
Our blog: [ Ссылка ]
Work with Andrew: [ Ссылка ]
