Here is a country where income from active trading is always taxed as capital gains

Read a couple of years back revoking one's US passport in the situation you describe becoming more popular but far from a trivial matter, plus the exit tax bites as well. Sounds crazy for an european all the inconveniences related to beeing an american overseas compared to an european (living in one own's country is different though )

For certain things the US are far from the promised land, rather a nightmare.
 
I think I have found a much better and perfectly legal (both local and US) way to avoid much taxation:

1. Make a trading company in any of these countries:

https://www.fool.com/investing/general/2016/01/03/10-best-tax-havens-in-the-world.aspx

My personal fav is the Cayman Islands with a close second Isle of Man.
........
-------

That article was authored in 2015 --- the world of taxation and cooperation between fiscal authorities changed shortly after.

But maybe you should give it a try and don`t feel like a guinee pig.
 
If you will ever feel tired of this taxation time-consuming issues, why not to establish your permanent residence here, in the Bahamas? Yes, I know, the entry price, for now, is 1.5 mn real estate or at least 0.5 mln, but if you are profitable this makes a lot of sense.
 
Back
Top