Відео

A super villian saving lives 😊

@squid832 - it is still relevant

@youknowkbbaby Yes - valid point if you are American as their citizenship-based tax is restrictive.

@gautamgoyal thanks for the feedback

@llllllllllllllllllllllll1 There isnt really a on size fits all answer here as people are all different. Thailand and Bali can be good options but aren't necessarily the most favourable tax jurisdictions. If you like that area of the world, also consider the Philippines or HK. New Zealand can also be an option for passive investments with the 4 year foreign income tax exemption.

@puvvadavarsha4633 I am not sure, likely not as they are different sets of laws however I recommend actioning your taxes asap, there is no reason why you cannot finalise your taxes from India now. Please reach out to us directly and we can assist.

@@worldwideadvisory how to reach you directly?

@@worldwideadvisory how to reach you directly? I'm in India bro

@@puvvadavarsha4633 Everything we do is remotely so we can assist either way. All our clients are spread across the world

@puvvadavarsha4633 I am not sure, likely not as they are different sets of laws however I recommend actioning your taxes asap, there is no reason why you cannot finalise your taxes from India now. Please reach out to us directly and we can assist.

@@worldwideadvisory how can I contact you?

Good question - I have spoken to a couple people talk about Serbia being a good place but have not heard about Azerbaijan. Let me know if you have any other questions

Great question @JS-vt8si Australian stocks and ETFs are NOT considered Australian sourced, however, the payment you receive from them is treated differently. However, suppose a non-resident has Australian stocks held as a previous tax resident, and DID NOT partake in the deemed disposal. In that case, the disposal of those assets may be considered Aus sourced income. The most common Aus-sourced income we see is Australian rental income, which is treated differently to interest or dividends for Australian tax purposes. Let me know if you have any further questions.

Hi @johnesmer5635 - potentially - however whats the reasoning for maintaining Australian tax residency?

Glad to hear - thanks for watching

@redzebra6688 - thanks! Much appreciated

@brian_wanderlust Good luck mate - thanks for your comment. Check out some of the options in the video above.

@kisms8590 Thanks - they have not removed it but have implemented a 9% corporate tax which does not apply in all scenarios. You can still get away, depending on activites with 0% tax.

@@worldwideadvisory hi, this is news. So it has exclusions. What if you have an agency service company, can u still do 0% via freezone ibc?

@@kisms8590 potentially - there are multiple considerations here

All good mate

@micha1208 Thanks so much for your comment and sub - I hope you find value from our channel.

@GeorgeLista Thanks for noting Turkey! Its also an attractive destination - glad to hear you are enjoying it

@@worldwideadvisory huge diverse country with cheap internal flights and transport connections, easy residency admin, cheap cost of living, advantageous exchange rate performance… I have a simple formula for places like this, next plan will be to run a second base from SE Asia and bounce between the two.

@@GeorgeLista amazing stuff! Its located in a great area as well. Exciting times!

@richardbrown9344 thanks - the issue is, if you don't partake in the deemed disposal, the assets are considered taxable Australian property so therefore are still open to the Australian tax net. We always encourage full compliance and smart planning!

@@worldwideadvisory yes understood..not sure exactly what you are talking about in your video, but no cgt applies to primary residence upon sale and departure of australia..

@@worldwideadvisory why oh why would anyone in the right mind choose to stay in this country?

@@richardbrown9344 correct - there is no exit tax on any assets that are Australian property, so it only applies to shares, cryptos, bullion, ETFs, etc. Be wary about your primary residence because as a non-resident, you can no longer access the main residence exemption

@@richardbrown9344 there are a lot of benefits to Australia. There are literally people dying to come into Australia.

@froggy0162 Thanks for sharing your thoughts. We could have had a civilised chat but starting with insults is rarely ideal. So thanks for watching our video and we wish you the best.

Merely an observation. @@worldwideadvisory

But I'm guessing you don't think its morally questionable to consolidate a lot of a country's wealth in your own bank account, having enjoyed all the opportunities and support that country provided you - and then piss off overseas to avoid paying taxes to that country? Imagine if everyone did that... @@worldwideadvisory

@ViceCoin It depends on each person's circumstances in the end. Many of our clients want to cease tax residency, and being on a tourist visa is not a sufficient enough connection in that new country for that.

@abdulkarim-iq6zf it depends on what else is involved - they aren't expensive. Should cost between 500-1000 euro. However I must note that Italy has changed their conditions making it less favourable.

Glad to help @rs0044 - Use it wisely!

Hi @GroovJunki I presume you mean easiest? If that's the case, he should determine which of the two countries suits him best and then look into the visa/residency program that suits him best (as there are different options in both countries). Feel free to reach out direct to us if you require any further assistance.

@@worldwideadvisory huh? look into the visa/residency? I thought yo knew about this that’s why you discussing it like you know about it. So you pretending to know just to get views and followers..smh.. lol sad

@@GroovJunki we are here to provide free information for peoples decision makings. Once you gather sufficient info and decisions, you can reach out directly to us. Thanks

@@worldwideadvisory free information or soliciting subs.. be real. If it were free you wouldn’t ask ppl to subscribe and like, if you content informal and helps they would do that any way lol. You need the money

@@GroovJunki thanks for sharing your thoughts. I do not agree with you - but best of luck with everything going forward.

Thank you! Do not hesitate to reach out with any questions

@pbubalo Depends on your situation but if you were an Australian tax resident earning income from a non-CRS country (there aren't many left!) - I would still recommend to declare income.

@marcialhernandezramos4792 Thanks for your comment - yes for a non-resident whos an Aus citizen. Also for Australian non-residents and non-citizens.

@haych27 It is easier to commence tax residency than ceasing it. I do agree with everything else. Well said! Have you got any plans to depart Australia for good?

I plan to leave next year after I have sold everything, and from the day I leave for good I will no longer be declaring any income I earn outside of Australia...Im sick to death of these tyrants..

@@richardbrown9344 awesome news! Please reach out if you need any help

@tronwars7130 - great info! I did forget Russia so thanks for bringing up - after watching the Putin/Carlson interview I am even more intrigued to check it out. Thanks for your comment.

and get snatched up to fight in Ukraine. NO THANKS

Putin will make you pay twice for your foolish choice of residency.

@onewiselady6412 Thanks! Interested to hear more, please reach out to us.

@@worldwideadvisory Where do i even start ?? 😵‍💫 It’s a mine field of batshit insanity and most people will rather avoid you or think you’ve lost the plot. Everything is inverted Nothing is what it first appears to be We are being administered by foreign occupiers masquerading as dejure Parliment with pretend politicians who play god with our equal share of the CommonWEALTH, usufruct on steroids whilst gaslighting anyone who exposes their evil game. 😘

@@onewiselady6412 thanks for sharing your thoughts. Its a funny time we are currently living in!

No it’s not funny It’s criminal yet legal

EXACTLY!!!!

Thanks @joec3390 - Good point. Those are great countries as well - I will do a video on them in the future.

@@a.Janine.pretty Thanks!

That's all everyone else talks about. I appreciated hearing about others for once.

@anthonycalleja7223 Just go ultra instinct and avoid them haha but seriously this is a worldwide trend. Economically, I feel Australia will be better than our counterparts. Our debt-to-GDP ratio is not as bad as most others.

@@worldwideadvisory Im checking out later this year lol I will be in Malta !

Hi @dialecticalmonist3405 It really depends on what's involved. Its not always a flat 1% rate.

@@worldwideadvisory I understand that, but it's like up to $150,000 of income. So for individuals it's perfect. And I have no idea why corporations or 10 + million net worth individuals would get their tax advice from UA-cam.

@@dialecticalmonist3405 yeah exactly - its $500k GEL which is like $187k USD/$290k AUD. A decent amount of income to only be taxed at 1%. Have you moved there or are planning on moving there?

@@worldwideadvisory That's what I'm trying to figure out.

@@dialecticalmonist3405 Where are you based? Please reach out and we can assist

😂😂 hahaha need to make this videos more funny

LOL

@kam8916 Great question - thanks for reaching out. You are correct in that you require a place of abode. This is part of having your domicile based in one country. You wont like be a non-resident in that scenario, unless one is your domicile and you just travel to the other. Please reach out directly and we can discuss. Thanks

@kam8916 Great question - unfortunately Indonesia does not have a favourable territorial tax system. Therefore if you reside in Indonesia, you must pay tax there on your worldwide income.