Move Abroad and Double Your Income With This Tax Avoidance Strategy
Moving abroad can be a game changer in terms of teh amount of tax you pay. In fact you can often get a double whammy by reducing both your taxes and other living expenses.
Anyone who has a portable income should at least consider other countries where they can have a higher standard of living with significantly lower costs.
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Get Citizenship in One of These Countries That Refuse to extradite Their Citizens
A second passport is vital for freedom. it means that no single government can persecute you. But with teh rise of victimless crimes and political persecution in the West it's becoming essential to find real safe haven citizenships.
A passport from a country that refuses to extradite its citizens means a higher level of protection and freedom against any future tyranny.
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Egypt Citizenship by Investment vs Turkey CBI - Which is Best?
Egypt recently made major changes to its CBI program. Instead of buying government-approved real estate, you can now buy property on the local market. Real estate is much cheaper, too.
But which is best for your needs?
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Portugal to End Tax Breaks for New Residents in 2024 Under Non Habitual Residency Scheme
Portuguese Prime Minister Antonio Costa announced this week that the increasingly popular Non Habitual Residency Scheme (NHR) would end in 2024.
It’s not yet clear the exact date the change will come into effect.
The NHR scheme was introduced in 2009 and has provided substantial tax breaks for foreign residents of Portugal. Retirees have been able to live in Portugal tax-free, as has anyone with income such as dividends and rental income. Foreign residents working in Portugal benefitted from a lower tax rate of 20% on Portuguese income. This gave them a substantial advantage over the Portuguese, who could be taxed at over 40%.
NHR was valid for ten years. Any Portuguese resident with NHR status already will keep it for the full 10-year period. New residents can still apply for NHR this year and get it for ten years.
Nordic countries, such as Finland and Sweden, had been unhappy with the Portuguese tax regime, which allowed their citizens to live on tax-free pension income in the sunshine. This led to Portugal introducing a 10% tax on foreign pension income.
Portuguese citizens have been concerned about the number of foreigners coming to Portugal to take advantage of HHR and Golden Visas. These schemes have been blamed for pushing up property prices in Portuguese cities and making them unaffordable for locals. Portugal ended the Golden Visa program for property purchases earlier this year. It’s still available for other types of investment.
According to the Portuguese Finance Ministry, Portugal has 89,000 non-habitual residents.
Costa claimed that having a different tax level for foreign residents was unfair and called it an ‘injustice.’ He also said that 59% of people who benefitted from NHR remained in Portugal after the initial ten years when they could no longer take advantage of the scheme.
Portugal still has tax benefits over other European countries, such as no wealth, gift, or inheritance tax. New residents who plan their affairs well before moving to Portugal will still have options. Anyone able to move quickly can still get ten years of low taxes in Portugal.
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Create Your Personal Gold Standard to Avoid the imminent Collapse of the Monetary System
The story of how we ended up with what we call money today is interesting. In the past, money was backed up by underlying tangible assets. Principally gold. Nowadays, we have fiat money that's backed with nothing.
But you can create your personal gold standard. You can swap your fiat currencies for stronger assets like gold and bitcoin and keep them in safe non-bank locations.
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7 EU Countries That Offer Easy Residence Permits and Tax Incentives
An EU residence permit can be a useful tool in your freedom toolbox. Most EU residence permits will allow you to travel throughout the EU without any other travel document. It can be used in place of a passport.
The fact that you can cross borders so easily in the EU is one of the principal reasons that an EU residence permit is useful, even if you're not planning on staying in the EU full-time.
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How to Get a Monaco Residence Permit in 90 Days
Monaco is arguably the world's most exclusive tax haven. It's one of the last remaining zero tax havens for individuals. Because of its location in the heart of Europe, Monaco residency is much sought after.
Provided you have enough money to rent or buy an apartment and open a bank account in Monaco, it's surprisingly easy to get residency.
Liberty Mundo can help create a personalized Offshote Blueprint for you. It will detail the best second passports, residencies, and asset protection plan for your particular situation. Follow the link below for details:
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How to Avoid This Sneaky Trick That Governments Will Use to Steal Your Money
Governments use all kind of illusions to steal your money. Taxes and duties are the most obvious but there are many others. Capital controls and inflation are the most destructive.
Capital controls have beenused often in te past They are used today incountries like China and South Africa to prevent money leaving the country.
You could even call FATCA a soft form of Capital controls as it makes it more difficult for US residents to open foreign bank accounts and therefore move money outside the country.
The US last directly confiscated capital in the 1930s when they forced citizens to turn in their gold before it was devalued.
It's inevitable it will happen again.
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Discover This Secret Italian Tax Haven Surrounded by Switzerland
Campione d'Italia is unusual in many ways. It's part of Italy but surrounded by Italy. It's outside the EU, but it's part of the customs union. It has Swiss VAT rates and uses Swiss francs despite being part of Italy.
It also has much lower taxes than other parts of Italy.
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The Single Reason More Billionaires are Based in the UK Than in any Other European Country
It may seem like a paradox at first that the UK has more foreign billionaires living there than any other European country. But the reason is very simple.
Provided you're not British by origin, you qualify as non-UK domiciled. This makes the UK effectively a tax haven. Anyone in this category is only taxed on money they bring into the country.
With a little planning, it's easy to live in the UK with zero or single-digit taxes.
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This One Simple Tactic Can Make You Invisible to Government Surveillance
Government surveillance of citizens has been increasing for decades. It's reached a point where we have no privacy in our financial affairs or when we travel.
However, one simple (and legal) tactic can make you invisible to most kinds of government surveillance. Getting a second passport and doing a name change is a perfectly legal strategy. It means you won't be tracked by governments when you use your second passport in your alternate name.
For dozens of Second Passport Opportunities, consider buying Second Passport Blueprint. Follow the link below for more details:
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This Little Known EU Golden Visa Offers Low Taxes and Schengen Access
Portugal and Greece are well known for their golden visa programs. Thousands have been attracted by the sunny climate, low taxes, and the promise of future citizenship.
But other Golden Visa opportunities exist. Estonia's golden visa may offer better value and less hassle than some of the others. For those seeking a fast way to get a Schengen residence permit and a business base, Estonia could be the solution.
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This Tiny Jurisdiction Has the World's Strongest Secrecy and Asset Protection Laws
The Cook Islands have some of the strongest asset protection laws in the world. It is almost impossible to unravel a Cook Islands Trust.
Assets in a Cook Islands Trust are safe from even the most well-funded predators. The US government hasn't been able to successfully extract money from Trusts established in the Cook Islands.
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This May be The Best European Jurisdiction to Form a Tax Free Company
The Isle of Man is an independent jurisdiction in the Irish Sea under the protection of the UK.
The Isle of Man is considered a credible offshore jurisdiction, and it has an efficient companies registrar. Incorporation and banking on the island is easy compared to certain other jurisdictions.
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These 11 Countries are NOT Members of the UN or World Health Organization
In today's world, it can be useful to know which countries remain outside the mainstream.
Particularly when it comes to international treaties that could affect your freedom, like the one currently proposed by the World Health Organization.
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How to Avoid FATCA and CRS with the Shell Bank Loophole
FATCA and CRS are vicious attacks on our financial privacy. Fortunately, there are many loopholes in FATCA and CRS regulations. We have covered many of these before on this channel and at www.libertymundo.com.
The most common avoidance method amongst the ultra-wealthy is to use the shell bank loophole. This involves setting up an offshore company and then registering it as a Foreign Financial Institution.
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The World's Cheapest Tax Haven #shorts
Nicaragua could be the world's cheapest tax haven.
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A Wealth Tax is Coming - Here are 7 Ways to Avoid It
Wealth taxes are being discussed more frequently than ever. They already exist in Argentina and Spain. But they are coming to the US, the UK and Canada.
The time to prepare is now. Not after it's been introduced and prevention measures are in place.
Get instant FREE access to Your Wealth Fortress for more easy-to-implement asset protection strategies. Click on the link below to get instant access:
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How to Avoid the Coming Financial Apocalypse With Crypto and Gold
More and more people are concerned about the collapse of the legacy financial system. They worry that their cards will stop working and that they lose money stored in their bank accounts.
That's why they look for alternative solutions to protect their assets and live outside the existing financial system.
Get our FREE report, Your Wealth Fortress, and discover how you can start protecting your wealth from the ever-increasing threats that exist today:
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How to Stay in Costa Rica Year-Round Without Legal Residency
In a low-key move, the government of Costa Rica just made it easier for anyone to stay there year-round. Now, anyone with passports from the US, Canada, EU, and UK, amongst others, can automatically stay for 6 months.
If you leave the country for just a few days at the end of the 6 month period, you can re-enter for an additional 6 months.
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Easy Residency and Fast Citizenship in Peru
Residency in Peru is available to almost anybody living in the US, UK, EU, Canada, and Australia.
If you earn more than $12,000 per year and have a clean criminal record, you can get residency in Peru.
Live in Peru for at least 6 months a year, and you can apply for citizenship after just 2 years.
Second Passport Blueprint is packed full of strategies you can use now to get a Second Passport. Find out why you need a second passport here:
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Secrets of Generational Wealth Preservation Revealed
Have you ever wondered how ultra-wealthy families preserve vast wealth for generations?
They have structures specifically designed to do just that. They seek to legally own nothing but maintain control of vast wealth.
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Real Estate in This Tax Haven is 83% Cheaper Than Property in Monaco
A recent report by international property experts Knight Frank said that real estate in Monaco is 6 times more expensive than real estate in Dubai.
Both Monaco and Dubai are zero tax havens for individuals and have much to offer.
But can the price difference in Monaco be justified?
Your Wealth Fortress is a FREE report from Liberty Mundo. It describes the strategies that you can use today to protect your assets. Get your copy at the link below:
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Low Cost Residency in Nicaragua With Citizenship in as Little as 2 Years
Nicaragua is a low-cost, territorial tax country to the North of Costa Rica. Living costs in Nicaragua are a fraction of those in Costa Rica. Overseas income is tax-free to residents of Nicaragua.
There are multiple ways to get residency initially. Citizenship is possible within 2-4 years, depending on the category of residency.
Find out how you can protect your assets and make them untouchable. Get a FREE copy of Your Wealth Fortress by clicking on the link below:
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Avoid War and High Taxes in One of These 11 Neutral Countries
Neutral countries are countries that refuse to take sides in wars. Some don't even have a military, like Costa Rica or Lichtenstein. Switzerland's constitution prohibits it from sending troops overseas other than the Swiss Guard, which protects Vatican City and the Pope.
In a world of increased tensions, it may be time for you to start exploring Neutral countries to live in. Neutral countries that are also tax havens make these countries yet more attractive.
Your Wealth Fortress is a FREE report from Liberty Mundo to help get you started with protecting your assets. Follow the link below to get instant access:
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