CFC Rules for US Citizens - Part 1
7:53
7 сағат бұрын
Tax Compliance Updates 2024
10:08
12 сағат бұрын
Special Tax Regime in Cyprus
6:31
16 сағат бұрын
Hidden Gem in Eastern Europe
8:02
21 сағат бұрын
The Fast Track Caribbean Passport
16:04
Legal Compliance for Digital Nomads
6:20
Caracas is a Hidden Gem for Expats
14:41
How to Teach Kids While Traveling
17:44
Pros and Cons of a Remote Company
15:18
The Future of Offshore Banking 2024
10:59
The New Hungarian Golden Visa Program
4:35
The Truth about Tax Avoidance
10:57
Пікірлер
@ejlworld
@ejlworld Күн бұрын
I really enjoy these R&D videos. Structuring an overseas start up as a US citizen is like walking through a minefield with your own people behind you shooting at you. So fun.
@NomadCapitalistRD
@NomadCapitalistRD 6 сағат бұрын
We're glad you enjoy our R&D videos! Navigating the complexities of structuring an overseas startup can indeed be challenging. If you have any specific questions or need guidance, feel free to reach out at nomadcapitalist.com/apply/.
@NigelHyphenJones
@NigelHyphenJones Күн бұрын
I thought the title was a statement…. CFC (Chelsea Football Club) rules for US citizens….. 🤔
@NomadCapitalistRD
@NomadCapitalistRD 6 сағат бұрын
Thank you for the comment! Haha, we can see how that could be misleading. Here at Nomad Capitalist, we focus on CFC (Controlled Foreign Corporation) rules. While we're not experts on sports, we're more than happy to assist with any tax-related questions you have.
@ibrahimburas2167
@ibrahimburas2167 Күн бұрын
can you please give me a guide where i can find "post nuptial citizenship cert"? the FBR requested.
@ClayShentrup
@ClayShentrup Күн бұрын
This wouldn't create any housing problems if they would just have a land value tax dispersed as a universal income to all citizens. Then the bottom 70% or so would end up net ahead. Hugely progressive and without deadweight loss (land doesn't reduce the amount of land).
@J0HN_3_16
@J0HN_3_16 2 күн бұрын
Is there an expedited path to citizenship?
@meme4ever494
@meme4ever494 2 күн бұрын
Can you do one for Greece? How/ when do the CFC rules apply to a Greek resident with a US LLC? For context, here are my specific circumstances: I want to open up a US LLC to generate active income only through providing services to US clients (Side Q, the US-Greek tax treaty lowers the amount of dividend withholding tax from 30% to 5%, I assume that since the withholding tax occurs at the source, AKA the LLC, I would pay that tax to the IRS and not the Greek tax authorities correct? And since Greece has a 5% tax rate on dividends I can bring that down to 0% with tax credits, my question basically is: ''Where do I pay the withholding tax when I take dividend payments out of my US LLC?'' Alternatively if you don't think it is worth the effort of making a video due to the too niched down audience I would love to get a response from you guys here in the comments Thank you for all your videos guys, I've learned so so much both about taxes and the world as a whole thanks to all the videos you make
@NomadCapitalistRD
@NomadCapitalistRD 6 сағат бұрын
Thank you for the comment! We'll definitely consider covering this topic in an upcoming video. In the meantime, feel free to explore our existing content, and to reach out at [email protected] for any specific questions.
@ejlworld
@ejlworld 2 күн бұрын
It’s as if the USA wants all of the upcoming talent to abandon ship.
@adamselectricuniverse
@adamselectricuniverse 3 күн бұрын
Seems that for every one lawyer a company has to assist them in tax mitigation, the government has ten lawyers devising ways to make taxation more invasive! Looking forward to part two... after all, we are all "guilty" in the eyes of the bureaucracy, are we not? 😇😇😇
@BillAngler
@BillAngler 3 күн бұрын
Nice video! After my experiences with Canadian healthcare which has left people I know to be sick and die, I feel like I should be suspicious of and should not trust any healthcare if the patient is not completely paying for it with his or her own money. Our Canadian government funds healthcare but they always try to find ways to save money by not giving optimal healthcare, while they waste money on other things and put themselves into the situation of not having excess money for healthcare. Don't get me wrong, I want government-paid healthcare for people because many can't afford it otherwise, I just wish it was better. It is also true that private healthcare is not always perfect and the level of care can depend on the individual Doctor and other healthcare workers. I knew about Malaysia but I did not know about Costa Rica's healthcare.
@bireshwarmitra2089
@bireshwarmitra2089 3 күн бұрын
thanks ,very informative
@NomadCapitalistRD
@NomadCapitalistRD Күн бұрын
Thanks for watching!
@Pipe_RS91
@Pipe_RS91 3 күн бұрын
At this moment, Colombia has visa-free access to the UK for 180 days.
@Alejandro67317
@Alejandro67317 3 күн бұрын
South Mexico people are poor 😭 north Mexico has most of the wealth
@ericeverson5956
@ericeverson5956 3 күн бұрын
Like alll the POLICE say........."Show me your hands":)
@ericeverson5956
@ericeverson5956 3 күн бұрын
Rusudan, I'm a fan:)
@Jf946_d
@Jf946_d 4 күн бұрын
School system is a brain washing system nowadays. Keep your kids out of it, raise them by yourself.
@gjm456
@gjm456 4 күн бұрын
Lived there for 5 years now. Many do SSRV or marriage visa.... or Just stay on tourist visa. Less hassle (like anything government there) and not expensive. You can extend online.
@heandjehsshhe
@heandjehsshhe 4 күн бұрын
Taxation is theft, governments are robbers. FU@K all governments!
@jamalgreen3056
@jamalgreen3056 4 күн бұрын
Vanuatu 🇻🇺 still has complete 0% taxation for foreigners.I believe the only islands and countries left that will still have complete 0% taxation is countries and islands that are completely far away from it all,like a Vanuatu.
@majortom8047
@majortom8047 4 күн бұрын
Very good and informative video. Albania is definitely on my list of RE investor sites.
@justsomeguy2943
@justsomeguy2943 4 күн бұрын
Good information but I have to admit that I came because of Rusudan.
@realalexmackenzie
@realalexmackenzie 4 күн бұрын
As a Canadian CPA, it is always nice to hear what is going on in international tax. I think Rusudan is my favorite NC presenter!
@NomadCapitalistRD
@NomadCapitalistRD 6 сағат бұрын
Thank you for the comment! Rusudan sends her regards.
@VeinsDeLAlfaz
@VeinsDeLAlfaz 5 күн бұрын
Foreign income not taxed? 👀👀👀👀
@discipleofthemessiah1796
@discipleofthemessiah1796 5 күн бұрын
Definitely interesting information thank you 🙏😁
@NomadCapitalistRD
@NomadCapitalistRD 4 күн бұрын
Thanks for watching!!
@user-yt8yq6is2e
@user-yt8yq6is2e 5 күн бұрын
@billhennessey6374
@billhennessey6374 5 күн бұрын
I miss Irena's presentations!
@constanzaordonez3717
@constanzaordonez3717 5 күн бұрын
Thank you so mucho for the video, I have a question. If I am from Mexico but I have Spanish citizenship and I want to travel to Canada as a European to avoid the visa, I should check-in with my Spanish passport, right? But then, how do I leave Mexico as a Mexican (because here you get penalized for not exiting as a Mexican)? Doesn't the passport we give to the airline immediately become the one we officially leave with? Or is the control of airlines different from the control of countries? Would it be possible to check-in with the Mexican passport and only show the Spanish one as a substitute for the visa when boarding the plane to Canada?
@ParisianThinker
@ParisianThinker 5 күн бұрын
No healthcare for anyone age 60 or over. How can that be a country to retire to when retirement is normally at age 65?
@ParisianThinker
@ParisianThinker 5 күн бұрын
Would a permanent resident of France be as good as being a EU citizen to apply for lump sum taxation?
@user-gg5to8by7p
@user-gg5to8by7p 5 күн бұрын
Miss Jelena are you from Serbia?
@phuketeer
@phuketeer 6 күн бұрын
Is not tax free, you have to pay GESY which is the social security and health support
@mickeymedic70
@mickeymedic70 5 күн бұрын
GESY is 2,65% on dividends
@phuketeer
@phuketeer 5 күн бұрын
@@mickeymedic70 yes exactly so it’s not tax free 😃talking about worldwide dividends that are not getting inside Cyprus, have also to pay GESY correct?
@J0HN_3_16
@J0HN_3_16 6 күн бұрын
Informative video.
@NomadCapitalistRD
@NomadCapitalistRD 5 күн бұрын
Glad you liked it!
@DiMagnolia
@DiMagnolia 6 күн бұрын
This is a fantastic video, thank you!!
@NomadCapitalistRD
@NomadCapitalistRD 5 күн бұрын
I'm glad you enjoyed the video, thank you for watching!
@mrbruceriddell
@mrbruceriddell 6 күн бұрын
Nothing has be mentioned about the fixed income requirement
@tedbates1316
@tedbates1316 6 күн бұрын
Is the $100,000 donation tax deductible for U.S. citizens?
@blktauna
@blktauna 6 күн бұрын
So this won't work for Americans as they never admit you aren't a tax resident.
@borisjoffe
@borisjoffe 3 күн бұрын
You can be a tax non-resident US citizen e.g. to take FEIE. If there's a tax treaty between the US and the country you're a tax resident of, that could save you money. Not sure if Cyprus has a tax treaty, but you could look it up. I know some non-dom countries do. You can't do FEIE and take advantage of foreign tax treaties though - you have to pick one or the other
@zelareka
@zelareka 6 күн бұрын
is trading income foreign or local income
@NomadCapitalistRD
@NomadCapitalistRD 6 сағат бұрын
Thank you for the comment. The classification of trading income as foreign or local depends on factors like your residency, the source of the income, and local tax laws. Reach out to our specialists for specific guidance through nomadcapitalist.com/apply/.
@billhennessey6374
@billhennessey6374 6 күн бұрын
What if you are a US citizen who can't yet renounce? We are tax residents until we can renounce. Is it possible for us to avail ourselves of this program?
@ernestovera6304
@ernestovera6304 7 күн бұрын
I didn’t know there were so many different options in the Dominican Republic to become a citizen. Thanks for the insight!😊
@slendycardozo6124
@slendycardozo6124 7 күн бұрын
Beautiful country and also full of opportunities!
@nath5997
@nath5997 7 күн бұрын
Wow this information is very helpful!
@NomadCapitalistRD
@NomadCapitalistRD 5 күн бұрын
😊
@johenderson7786
@johenderson7786 7 күн бұрын
Question: I believe spouse and children are included...will parents also be accepted in this visa?
@markmielke5283
@markmielke5283 7 күн бұрын
Be careful purchasing property in Cyprus and committing assets there. Israel is using them as an air base and if the regional conflict expands you can expect Turkey to take Cyprus in totality.
@armyman3666
@armyman3666 7 күн бұрын
Lol Cyprus is an EU member
@markmielke5283
@markmielke5283 7 күн бұрын
@@armyman3666 It will be a strange time indeed when even NATO members oppose each other. ie Turkey and Greece over their partition of Cyprus. Israel using it as a launch point for Air Missions may well be the straw that breaks the Camel's back.
@eranb66
@eranb66 7 күн бұрын
Thanks! :) A few questions: * I've already spent 183 days in my country in 2024. What happens if I go to Cyprus for the rest of the year, which is more than 60 days? Does that mean I'm not a tax resident of Cyprus until January and therefore I don't pay any tax in Cyprus? * Does it matter if I rent or buy an apartment in order to qualify for non-dom? * If sometime in the future I decide to leave Cyprus, how easy is it to stop being a tax resident? Does buying property in Cyprus complicate that? * If my only income is dividends, interest & capital gains in my country, does that mean that I don't have to report anything to Cyprus? Or do I still have to report but just not pay?
@phuketeer
@phuketeer 4 күн бұрын
@@eranb66 no you don’t if you’re somewhere else already
@michalblaskovic293
@michalblaskovic293 7 күн бұрын
great
@ignoreme1141
@ignoreme1141 7 күн бұрын
How long does it take to get non-dom in Cyprus? Also, I think you are misinforming viewers. Non-dom removes your obligation to pay Special Defense Tax which is a tax on dividends, interest, capital gains. It does NOT mean you are free from paying tax from your "income abroad". Feel free to prove me wrong by citing actual Cyprus law that states so.
@KyleBell-le1oe
@KyleBell-le1oe 6 күн бұрын
That's correct. Once you live in Cyprus for 183 days, you become a tax resident and pay taxes on the personal income you bring into the country.
@phuketeer
@phuketeer 4 күн бұрын
@@ignoreme1141 but you pay GESY ?
@stephanyjeseniajimenezcent313
@stephanyjeseniajimenezcent313 7 күн бұрын
Dominican Republic seems like a great option for a second passport!
@angelicaserranoserrano624
@angelicaserranoserrano624 7 күн бұрын
Very affordable options to become resident or even citizen in DR. Thank you for the detailed information!
@MarianaLozanoA
@MarianaLozanoA 6 күн бұрын
Fantastic option if you’re looking for a Caribbean passport 🎉
@uniquetoyoucolour6389
@uniquetoyoucolour6389 8 күн бұрын
Hello, Thank you for the very informative video! My name is Jelena and I am currently looking into how to obtaining Serbian citizenship. I am ethically Serbian by descent, however, my family lived in Croatia and then emigrated to Canada in the early 1990's due to the war. Prior to emigrating to Canada, we lived in Serbia for a short time. When I was looking into the citizenship options, it seemed that I may not be eligible to obtain citizenship by descent due to the fact that neither I or my family were born in Serbia. I currently operate a business in Canada that I am also thinking to transfer to Serbia and I was wondering if you could clarify what my options are for obtaining citizenship? Thank you so much in advance! (Hvala puno!)
@davidepattibiomed89
@davidepattibiomed89 8 күн бұрын
Albania is expensive nowadays.
@Me7o527
@Me7o527 8 күн бұрын
What happened to her bring her back