Top 10 Low Tax Countries (#9 Will Surprise You!)
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- Опубліковано 11 лип 2024
- The Best Low Tax Countries to Live in the World in 2022.
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In this video we talk about the best and safest low tax countries to live in the World. I discuss all the countries my clients are moving to, the advantages these amazing countries offer in terms of safety, lifestyle, and overall enjoyment of your wealth without worrying about getting robbed or taxed.
Full List:
0:00 Best Low Tax Countries
0:14 Switzerland
2:17 United Arab Emirates (Dubai)
3:47 Singapore
4:55 Portugal
6:10 Chile
7:13 Monaco
8:34 Cayman Islands
9:50 Malaysia
11:20 Thailand
12:53 Georgia Republic
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The Wealthy Expat is run by Rafael Cintron, it's a UA-cam channel and company 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 65 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.
We have a full team of people living in Dubai, UAE to help you set up residence and a zero tax company in the most upcoming country in the world.
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In this video we talk about:
tax friendly countries, avoid taxes, pay zero taxes, best countries to live, low tax countries, move abroad, move to another country, best countries to live in the world, best countries in the world.
Other related people in this topic:
Nomad capitalist, 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.
I have lived 30 years in the UAE and made the biggest mistake of my life by moving to back to Canada. We have gone downhill over time.
You’ll be able to become a citizen of Canada and go back to the UAE. By doing so, you’ll have a relatively decent place to be deported to if you get in trouble in the Emirates
@@mydpRu that is your personal opinion based on how you behave. If you fuck up then the onus is on you.
Btw, I Am a Canadian and “Lived” in the UAE PEACEFULLY for 30 years. UAE still welcomes me with open arms.
Frustration is how Canada has turned out to be these days.
Why
Were you born in Canada ? …..perhaps you can look at somewhere in Latin America like Mexico, El Salvador , Panama ?
You could also look at some of the Mercosur States including : Uruguay and Brazil and their Passports give you lots of free movement in South America !
If you are not happy in Canada, you must move on to somewhere better .
@@mydpRuI don’t need to become a cutie of Canada. I was born in Canada. And for your comment on deportation… it only exists in dictionaries of people such as yourselves because people like you have that mindset to commit crimes.
I on the other hand am blessed to move around freely to wherever I want to without trouble.
I strongly disagree with your vision of Chile. Not only it´s very unsafe and ridiculously expensive for the quality of life you get, but you also forget to mention that when your short tax-exempt period ends, you pay regular taxes that can be up to 45%. The most wealthy Chileans are actually leaving the country.
True, I lived there during its peak but nowadays it's not the best place to live
Excellent video!!!, will be visiting all the countries you listed above!!!
Thank you
Very professional and informative video deserve more views
keep it up 👍🏽
SWITZERLAND!! There cost of living is through the roof 😢
Wow great video! Excellent information 🙏
You made Daily Mail :) I support you Rafael..Keep up the great content :) Loved and appreciated
Thank you so much !!!
What about some of the lesser-known European countries, like the Isle of Man, Andorra, Liechtenstein, San Marino, and the Channel Islands? Ireland has significant business tax benefits. Also (though not in Europe), the Cook Islands might be worth mentioning.
Thank you for being brutally honest!
Great video. you've remind me of what someone once said❤The richest people in the world build networks; everyone else is trained to look for work.” “There is a difference between being poor and being broke. I once attended similar and ever since then i been waxing strong financially, and i most tell you the truth
woww this is my favorite video, thanks for sharing .....,..,
great video, subscribed, what if u have some property in UK, where there is IHT, but you now reside and domciled in a non IHT country?
1. Portugal
2. Chile
3. Dubai
Those are my top three
great content.
😍
hey will you do a video on HK please? :)
Top 10 list are :
1. Switzerland 🇨🇭
2. UAE 🇦🇪
3. Singapore 🇸🇬
4. Portugal 🇵🇹
5. Chile 🇨🇱
6 Monaco 🇲🇨
7 Caymen island 🇬🇧
8 malaysia 🇲🇾
9 Thailand 🇹🇭
10 Georgia 🇬🇪
I would definitely chosse Switzerland ❤
Do you recommend “hotel room” investment in Batumi ? For example TYRP hotel.
have you moved away from address jbr? any other cool suggested places to rent?
Bermuda should definitely be on this list. Otherwise, great video.
In swizerland is so much controll everywhere
Man u see some perosn twice in eye
Police comes after u
And lot of stuff I heard happening
I will definitely build a portfolio of passports/citizenship in some of those countries that you mentioned👍😉
Do it
600k to 1 million for net profit of 1 billion it's 0.06% to 0.10% tax only, it's insane, so I would say Switzerland is the best in this list.
If you live "cheap" in some Kantons, you could get away with 200000 Dollar. But sometimes it is better to choose not the lump-sum-tax.
Delightful i tried and it's amazing
First step: make a billion dallas
Yeah for a billionaire.
Georgian is the best option！everything straight forward.Low cost of living.Developing and dynamic economy.
Question: can you own Dubai realestate in a trust or company not in your name and still use it to get a residence visa?
Nothing too interesting about these countries. I lived in portugal and they are gonna squeeze all the money out of your pocket if you have some, expensive rents, housing market overpriced. Yeah you can go in dubai if you have a bunch of money, not for someone who is starting a business. There are hidden gems like macedonia, speaking of low taxes on income, and other countries. You guys always give the same lists of the usual countries. Why would you go to switzerland and pay 5 euros plus for a coffee?
well said👏👏👏
What about Vietnam? Same expat zero tax as Malaysia and Thailand?
What about Paraguay?
what do you do for living?
Here in Swiss, you can wear diamonds and nice watches anywhere ❤
What do you think of Khazachstan?
Uh oh.. I'm a Canadian planning on moving to Thailand.. didn't realize would be so complicated. What if we get a Thai Elite Visa and set up a Thai bank account? Would that be enough to escape Canadian taxes?
Nice. A lot of 304s in Thailand
Portugal was not tax free for Crypto income the past few years. It was taxed at 28% unless it was held for 12 months minimum.... Then it was tax free.
Singapore!
U missed Uruguay.. 11 year tax exemption after that territorial tax
True forgot to mention it, thank you
Switzerland and Cayman Islands are really interesting options :)
Singapour is perfect to establish a base in Asia but you have to renounce to all of your other citizenships in order to become a resident :(
only to become a citizen, not for permanent and tax resident. the Singapore citizenship is not really better than a EU country even if you live here.
I don't like Singapore, the government seems quite draconian.
@@jeremywright5036 on surface maybe and maybe most of Europe is somewhat better, but I'd say it several steps removed from the abuses and propaganda of US or China.
@@DominikPlaylists It reminds me of Australian Government maybe some years back. Once they go draconian it only gets worse over time.
@@jeremywright5036 Watch out for the bamboo cane and drinking the jail's toilet-bowl water!
I would include Hong Kong in the list
Great video. Georgia is an interesting one especially if someone wants to open a business
Gruzja jest tak samo niebezpieczna jak teraz jest Ukraina. Pamietaj o niebezpiecznym sasiedzie jakim jest szowinistyczna i awanturnica Rosja.
Switzerland as a poor resident it is hell u earn 6K and is gone in 5 days... I plan maybe company in Cyprus and stay in Asia for for most of the times or travel around in Thailand or this region. Maybe i also make company in Singapore
What are the tax rates in those countries?
Cayman islands!!!
I think the Golden Visa for Portugal is over now?
UAE
Portugal
Switzerland
Singapore
Portugal gets large forest fires and terrible weather
Saudia Oman Qatar Kuwait which one is the best?
Campione on the Swiss/Italian border?
What about Malta?
something you should look into that would benefit your viewers regarding doing business in Panama - corruption and theft by the Panamanian politicians against the businessman. This is illustrative of what awaits uninformed and unsuspecting international investors in Panama - i wont post anything here but a quick search for Panama Hustle could give you another topic that viewers should know about. Our freedoms are eroding. That second passport is a vital first step.
What about Mauritius.. one of the most beautiful bounty island in the world.. very Safe, low tax, very very cheap Living..
The government has just made it easier to open company, buying real estate and a lot more..
Check it out and maybe make a video..
💙💙
Singapore, Malaysia, or Cayman Island.
Great list. Switzerland would be my pick because I don’t like tropical weather. I would also consider NZ with its lack of Capital Gains and Estate Tax. Plus, if you have an active foreign corporation it is ignored. NZ can be tax free for investors.
_ticino_ is lush with palms if you stay in the right spot.
mediterranean flair included
New Zealand is heading full steam ahead to USSR Communism..They will confiscate your wealth. Australia too. Don't do it.
What if i dont have a lot of money???
Compare Uruguay and Paraguay.
could someone explain why Cyprus is not on the list? I'm really curious.
I would like to know also
high tax
You can live taxfree in Switzerland without the lump-sum-tax, when you get your money over a Limited Partnership - for example with real estate earnings in the USA.
How so?
@@henrik4438 If you have an active Company in the form of a Limited Partnership in the US, you have to pay tax there - but for rental real estate you have so many write-offs that could be zero tax. And the Double-tax-treaty with most country says, that only the US have the right to tax these earnings. If you have a business like a restaurant, AirBnB, SelfStorage or Senior Homes, you combine your american LP with a british or german LP and choose the corporate tax at 21% and the rest of the money goes taxfree to you, too.
@@henrik4438 The downside of the swiss lump-sum-tax is: 1) At least 200000 Dollar tax.
2) No aktive work in Switzerland allowed. 3) Some Minimum-stay rules.
Up
❤️
You forgot Paraguay
My choice is Liechtenstein 🇱🇮!
I prefer UAE and Singapore out of all.
In UAE you have to pay 5%of VAT you forgot to say that
How does it work if all my clients are in the USA, but I move to Dubai. Is there a legal way to avoid all the USA taxes? I'm a USA citizen
denaturalize at the US consulate/Embassy - there's a tax to do so if you've wealth over US$10M. but, STRONGLY suggest getting another citizenship 1st. (Statelessness is a BAD idea!)
Where are countries malta and Luxembourg where they have no taxes
I spent months in Georgia, found it very safe and developed.
The US state perhaps, the country, absolutely not.
Georgia Atlanta safe? I beg your pardon
Georgia Tbilisi developed? I beg again)))
The title is about taxation but you are also talking about safety and nature. Why we need that we only need tax if we search for tax
As a Georgian, I am really surprised by what you have said about our banking system. Also, I do believe that you were just unlucky since Georgia for me is safer than many other countries you have mentioned.
gamarjobat😂👍 I ♥️ Georgia
How to get the u.k passport after getting the BOT passport?
After 25 years. Not very long
What about Costa Rica??
It has gone downhill into socialism.
Dubai and Portugal for sure
I mean I can't get rich in Canada?
Qatar & Behrain
Portugal no. Special program from 10 years tax RNH is done. High tax country
If I get a Portugal citizenship or any EU citizenship and go live in Switzerland for 10 years, does that work as the years required to live to obtain citizenship?
Yes!
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What of CHINA is it a tax free country
Sorry, but Malaysia is not close to Europe or other Asian countries. It is 13h flight to Germany and 10h to Turkey, 7h to Japan and most will have layovers on top of that.
Can an 18 year old start a company in DUBAI free zone?
Wish I was thinking like this at age 18 !
Why couldn't you get out of Thailand during the pandemic? Wouldn't they let you leave?
Can a multi millionaire not get Permanent residence in UAE ?
No only temporary residency that is renewable. Unless the leader of the emirate signs off on it.
Attacked by gypsies? I am sold.
Huh
I can never stand living in the Middle East or anywhere in Asia
Switzerland doesn't tax bitcoin either btw
ATM's in Zug and usually no tax on share profits!!
What is there to tax? Losses as far as the eye can see.😄
Switzerland the best country in Europe, Dubai absolutly amazing!!!
Hard times all around the Crypto market especially with the collapse of BTC, yet I still have 100% income in my investment with a platform in town
I also needed his info too I'll get in touch with him right now.
When I first met with Mr Silbert Mason about crypto trading took the opportunity regardless the risks but now, I am happy that I took the step to success by trading
with Silbert Mason. You know lgnorance can be the worst thing and mistake that most people always do.
Greetings from Saudi Arabia how do I get involved in these?
Oh please, how can someone get to speak with mr Silbert Mason pls🙏.
How abt Slovenia, Albania, Croatia, Serbia, Bosnia and Herzegovina, Moldova, Bulgaria, Romania? ain't have low taxes and lowest cost of living?
Suprise that you dont think Thailand is safe ? and tell me more about what the Gupsis di to you in Georgia also still waiting for your video about Ukraine women
I've went on 3 dates with 3 different ukrainian women they are very brash and expect the world from you honestly don't waste your time.
Portugal is NOT tax free. After 10 years of tax break (not 0%!!!) your taxes can be as much as 48% depends of income…
How on earth is Georgia unsafe, have you ever been to any central or even western European countries? You can't go out in Paris at nights, that's never a case in Tbilisi or Batumi in Georgia 😅
Comparison is so unnecessary in this case
I really appreciate your clear and simple breakdown on financial pitfalls! I lost so much on pCrypto's, but now making around $9-$12k every week trading different on stocks and Cryptocurrencies.
I know Crypto's will rise and take an advantage 💯
@Maria Anthony people short the market too. If ur only long bias ur gonna miss many opportunities
Thailand is so much humid and
Hot all year long
Muggy humid
Nope
I think Turks and Caicos is better than Cayman.
Why?
Japan is not in this list.
I live in Japan, it doesn't deserve to be on it at all.
Nice video
But Very bad style.
Keeping country name a suspense.
And revealing it after mentioning the adjectives.
Why don't you grab another Monster? Take a breath and stay away from Starbucks...
lol @ Healthcare in Malaysia, they wont even care if you are dying, heir attitude is terirble dozens of stories.
Dubai's a'ight but I'm black☠️
best lame UAE joke: people in Dubai don't much like the Flintstones but, people in Abu Dhabi do.
How could you recommend UEA as a safe country where there is no democracy, freedom of speech, rule of law. Shame on you
Izzit
There is something I don’t understand.. if I live or get resident in another country, do I need to pay foreign taxes plus USA tax??? 🥹
Yes
@@grant5059 oh no
So much for moving to France and buying a castle.🥲
Hahaha. The maintenance costs will kill you and property taxes will kill you for a second time. Double funeral