https://nomadcapitalist.com/2018/11/20/4-tax-systems/
Does territorial tax mean you can legally pay ZERO tax?
Andrew often talks about territorial tax systems, where income from foreign sources isn’t taxed in the country you live in. These countries have taxes, but only on local income like salaries or local rental properties.
However, just using an offshore company and living in a territorial country isn’t enough. It also depends on the particular country.
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ABOUT NOMAD CAPITALIST
Andrew Henderson is the world’s most sought-after consultant on legal offshore tax reduction, investment immigration, and global citizenship. He works exclusively with six- and seven-figure entrepreneurs and investors who want to “go where they’re treated best”.
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Andrew has spent the last 11 years studying and personally implementing the Nomad Capitalist lifestyle, and has started offshore companies, opened offshore bank accounts, obtained multiple second passports, and purchased real estate in a total of 20 countries.
He has also spent years creating a behavior-based system that helps people get the results they want faster and with less resistance. Andrew believes that everyone can use offshore strategies to keep more of their own money, live a life of freedom, and grow their wealth faster.
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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.
