Moving? 14 Countries With NO Income Tax

OK, some serious information, since I have researched this considerably over the years.

Be careful of the fees to become even an Ex-Pat in some locations. They can run into $100's thousands of dollars. Bringing in things like cars can cost a fortune. I paid over $50,000 just to get a truck into Antiqua a few years back. Same with property ownership, be sure to get a great feel for where you want to live, and How you want to live. For most, with moderate incomes, this can make it impossible to even consider. Check with someone reputable, not one of those Tax Haven types, they are not trustworthy IMO.
 
Quote from PHOENIX TRADING:

Hmm I wouldn't be too sure about that even with a 2nd passport.

If that 2nd passport names your place of birth in it you are still screwed.
KYC & FACTA requirements placed on banks and brokerages will still cause you headaches just like as if you never had the 2nd passport.




Now if that 2nd passport does not name your place of birth
:D :D :D

If anybody knows speak up, because I'm interested.
too bad nobody's addressed my point.


I even asked a well known tax attorney in his Q& A forum on an “ECONOMIC CITIZENSHIP” article he wrote.

Maybe I don’t understand the advantage of economic citizenship for US citizens unless you intend to renounce US citizenship.
If the dominica passport shows place of birth as US.
KYC & FACTA will make it useless .

get this my question is still pending moderation for the last 2 weeks.

What for , being hard to answer?
 
Quote from Grandluxe:

Although one of the things about HKG and Singapore is that it is expensive especially when it comes to property because of the limited space. Another would be the lack of nature, it's fine if you like living in an urban city but some people like the outdoors better. I think Switzerland is a better bet if you already have dough.....

During financial crisis, it's good to invest in HKG and Singapore properties because of limited space. One of my college's good friend (from a very poor family background) who used to work in Asia invested 4 properties in Singapore and 3 in HKG is retired now in Utah after he sold away some of his properties in Asia, he's a mormon and below 40 year-old. Now bought a few houses in the states by cash collecting rentals and doing fulltime missionary work in the states. He's a good mormon guy since college till now still inviting me to attend his church but I think I rejected his invitations like few thousands time lol :D

It's expensive in HKG and Singapore but it can make big money, unlike some places in the states are dirt cheap but still losing money nobody wants it. If you can make it in HKG or Singapore .. you can easily afford to buy a vacation home in Thailand or big beautiful resort style home in Bali Island (Indonesia). You can travel often to nearby exotic SEA countries, Japan, Korea or China for vacations, it's not expensive. When come to working life, the simple the better, a condo with swimming pool will do, no need huge house. Yes Switzerland is beautiful too and nice place to live if you have dough ..:D
 
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