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Why Tina Turner Gave Up US Citizenship
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Speaking during a CNN interview in 1997, Tina Turner explained how “Europe has been very supportive of me” and joked, “I’m as big as Madonna in Europe”.
Turner, who moved to Switzerland in the mid-1990s and obtained Swiss citizenship in 2013, was arguably the most prominent resident in recent years. She voluntarily relinquished her US citizenship, driven by her deep connection to Switzerland but also potentially by the desire to avoid the legal complexities associated with US tax regulations.
However, are these the only reasons? In today's video, Andrew delves into all the factors that might prompt someone to contemplate leaving their homeland, including love, career, and lifestyle considerations.
00:00 Start
00:26 Why Tina Turner left The US
3:08 Are Taxes the Main Reason for Renouncing?
5:23 What Were the Main Factors of Her Move?
8:25 How to Become a Better Version of Yourself
12:40 How Can You Find Great Success?
14:22 What Happens When You Don't Belong There Anymore?
Nomad Capitalist is the world's most sought-after expert on legal offshore tax planning, dual citizenship, and international asset protection. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where you're treated best."
Nomad Capitalist has served as the “architect” and “general contractor” for 1,500+ clients who wanted one company to manage their holistic plans. We help these clients keep more of their wealth, increase their personal freedom, and protect their families and wealth against current and future threats at home.
Our in-house team of researchers, strategists, and executioners know more about these strategies than just about anyone. We’ve also spent more than a decade building a trusted network of attorneys, accountants, real estate agents, and others to assist our clients. As a result, our approach is not only holistic, but agnostic; we offer our clients advice on and options in 90+ countries, more than any other firm by far.
If you’re looking to diversify internationally, whether for lower taxes or as a “Plan B”, trust the industry pioneers at Nomad Capitalist and our experience serving the needs of globally-minded entrepreneurs and investors.
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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.
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