UPDATE: The requirements in Puerto Rico are changing, and we are studying the full effect of the changes. As always, seek professional advice or contact us for a personalized assessment of your personal situation. Learn more: https://www.nomadcapitalist.com/apply/
Puerto Rico offers tremendous tax advantages for Americans willing to move there, with tax rates as low as 0% and 4% for investment and business income.
Incorporating and relocating offshore is another way to reduce tax and involves its own set of complications.
For some entrepreneurs or investors, Puerto Rico’s Act 20 and Act 22 are without a doubt the best way to legally reduce taxes without going “offshore”. For many business owners, however, moving outside of the United States makes more sense.
The key is seeing through the hype that any new option has.
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”.
Work with Andrew: https://nomadcapitalist.com/apply/
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.
About Andrew: https://nomadcapitalist.com/about/
Our website: https://www.nomadcapitalist.com
/>Buy Andrew’s book: https://amzn.to/2QKQqR0
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.