How to Escape Rising Crypto Taxes and Wealth Grabs

[@MarkRose1337]

That's fairly priced for the expertise.

[@nomadcapitalist]

Thank you, Mark.

[@morenokv]

True, i thought it would be way more. Especially in the daily changing climate

[@MarkRose1337]

@@morenokv As did I, honestly. But it goes to show Nomad Capitalist is about delivering value.

[@nomadcapitalist]

@@cathylake9072 We have a conference in Mexico this year: www.nomadcapitalist.com/live/

[@VoyageMediaGroup]

@@cathylake9072 the vaccine doesn't work for the old strain

[@Nasenmann80]

As a European: go to Portugal and live there for the majority of a year: Pay 0% Tax on Crypto. If anything changes to the negative then go to another crypto-friendly Country (for example Malta). Go where you treated best. Don't fight the system: just leave it.

[@MrHellweasel]

I actually thought about this. Is a year sufficient time to become a tax resident?

[@vladmihailciuc4368]

@@MrHellweasel typically you only need 6 months to live there.

[@mariobros7834]

Interesting. Citizens of Portuguese-speaking countries probably have even less requirements. For example, retired Brazilians are automatically granted Portuguese residence, all they have to do is ask, no fees, no nothing.

[@Mike-dd8bd]

Funny how easy you make it sound.

[@EdFromMarketing]

Stay out of malta

[@UltimateBargains]

We are free-ranging slaves living on the tax farm.

[@VoyageMediaGroup]

well said.

[@chipcity3016]

Only we are not so free range.

[@GEM_in_the_Matrix]

USED TO BE 'free range' .....**now we're quarantined on lock down in our little prisons we call homes ...omg

[@brianhoward1245]

“The masses are sheep...” TRUTH!

[@PolyDave]

You can always count on the masses. To do what the masses do.

[@jmc8076]

Sheep who follow a shepherd are slaughtered. Maybe blunt but time for nice cliches past IMO. Fear/compliance made virtues. Independent critical thought dangers. I agree to disagree calmly and help others w/$$$ plans when/if I can.

[@fungibleanonymousglockboug2162]

Good one

[@curtiscomes9754]

Sheep with wool pulled over their eyes are ready to be sheered.

[@bobalbert1369]

Lol. "The masses" is everyone but you. Same as "traffic". Arrogant twat.

[@omarelmohri]

“The masses are sheep” oh yess

[@louiscypher4186]

they're more like ants, sheep are at least smart enough to flee from danger.

[@coojw777]

/eating grass/ *chomp-*chomp-*chomp... "baaa-aa-aaa-aaaa"

[@thedcrypted]

Governments simply are going where they are treated best...your pocket.

[@successandlifestyle]

I guess that's why Canada has opened up the floodgates for half-million refugees in 2020 as we put the country in covid-debt by creating unemployment and closing down businesses. We need a half million more mouths to feed and house. We need to build up grateful sheep taxpayers not those pesky freedom loving thinkers.

[@NashVil]

Tamara Rogers blame it on your tribe your government instead of victims.. you’re the sheep, luv

[@mariobros7834]

@@successandlifestyle actually Canada did that because for too long Canada has allowed women to vote. All the West is going down for the same reason.

[@l.austin2371]

@@successandlifestyle sheesh lady imagine how the natives felt

[@shysmoov]

🤣

[@paial]

Don't "buy stuff". Pay for expenses with a credit card from a offshore account. Feed that account from your cripto.

[@mandywilson4399]

That’s clever

[@RyanZakMusic]

yea good loophole option...

[@ricktrombley5235]

@@RyanZakMusic I need to look into this

[@MeZzZzZzZzZzZzZzZzZ]

Any recs for an offshore cc or how to get one?

[@jaslanr]

Can you explain a little further?

[@0r14n583lt]

Taxing someone's crypto holdings is a kin to taxing someone's winnings while they are still at the roulette table in a casino. They don't know how much money they have until they cash out.

[@phillipjuan1201]

exactly. It's anti human and unconstitutional. Government doesn't want normies checking them.

[@BobSmith-br7hk]

The mastermind is also a good networking opportunity to do potential business deals or get intros to other ultra high net worth clients. It does not hurt to have a few crypto billionaires in your Rolodex. Glad to see you are bringing back the masterminds, Andrew.

[@craigm.5674]

Turning in my USA passport in 2 years...and selling our 3 houses in next 6 months...it’s not worth the risk anymore... who in their right mind would live in USA anymore.... we live a better life on half the budget in S Bavaria in the Alps.... and better schools, and healthcare....what more can we need. Love this channel

[@DonPavardenis]

Oh guys we need to post this to Crypto Twitter some good content here. 👍

[@bryanfeliciano4102]

I'm investing so much into new emerging cryptos in hopes of getting to leave the US. It's kind of ironic I'd leave the Us in search of freedom.

[@habanerorhinoceros2384]

Same sentiment re Australia 8-/

[@1mackky]

@@habanerorhinoceros2384 Yup and the ATO are only tightening the grip on cryptocurrency users yet again this year with new ways to tax us. Luckily im leaving for Dubai in the next 6 months. Already processing my resident visa!

[@MacroAnarchy]

You definitely hold the crown for the most entertaining person to talk about regulations, laws and taxes!

[@christopherrussell6055]

13:36 Why am I still watching this, the price of a meeting is more than my crypto holdings 😂

[@meshwilly2413]

He's a con! 80K my foot! With half of that you could meet THE PRESIDENT of the country you wish to relocate to and he can hook you up through his immigration department, period!

[@RagnarokCo]

@@meshwilly2413 Yea except he's teaching you how to do it legally. And if you have a million dollars in assets I wouldn't want to jeopardize that doing a bunch of illegal stuff. If 80k is too much for you then it's not for you or I, it's for the people that pay more than that in taxes every year.

[@mynamename5172]

Everyone from Argentina is that guy you don't want to be with a safe full of unreported dollars, LOL.

[@richardalbertyn6718]

Especially old 100 Dollar bills

[@DonaldAppleberry]

Been watching your channel for a while. I'm pretty worried about the recklessness of policy makers and their spending/printing. I'm in the US. Almost to the level where it would make sense to reach out. Keep putting out solid content! Just did a quick video on inflation and tried not to rip my hair out while talking about it. The next 5-10 years are going to be wild.

[@stinkdyr301]

As Ray says...Cash is Trash. Even he has seen the light of BTC.

[@simcptmike]

Andrew i enjoy your videos. I'm a new subscriber. Im a common citizen and nowhere near a fortune holder. I find intellectual value in your videos and i like the way you speak and use your words. It keeps me engaged. I'm beginning to educate myself about crypto as of recently. Thank you!

[@nomadcapitalist]

That's very kind of you; thanks, Mike.

[@petarz9029]

1990s internet was truly a golden age 😥

[@BRAVENEWORDERFILMS]

True dat. FOR DA HOMIES! *>pours out 40 oz onto the ground

[@shayneduncan6600]

Need net worth of 5-10 mill for 80k expense to be worthwhile.

[@davidthompson3308]

Andrew I agree completely with your philosophy of "go where your treated best" legally. You have given me options and I hope to be contacting your company in the near future. Loved this video very interesting indeed.

[@nomadcapitalist]

Thanks, David. Always here to help.

[@kingmike40]

If I understand taxes correctly. If you keep the investment a year than the capital gain tax is only 15%. Shorter term gains are taxed at your income tax level.

[@Eros13adios]

The best thing to do, is to never take out all your money out on a sum slush or else you'll face big Taxes. Just try to calculate how much money you need in a year and use it accordingly to your needs.They can't tax you when you have your money inside the market or in this case cryptocoins, but only when you liquidate. Try to use your money wisely and get all the tax credits that you can when you make a big purchase.

[@Lorenzconnok]

Unless you live in the states with additional state capital gains tax. Ca tacks on an additional ~10%,depending on your tax bracket 13%. It’s such theft.

[@WOLFanddBEAR]

@@Eros13adios You mean if you're in a stable coin?

[@sparcx86channel42]

The problem is that countries that has no regulations doesn’t mean they are friendly they are just lagging... US is ahead of many countries in a matter of taxation but others can follow suit. You should take that on consideration

[@fedcoin1602]

‘The more you tighten your grip, lord Vader, the more systems that will slip through your fingers” Money will go where it is treated best. Once upon a time, America lead in being friendly towards people who create businesses and wealth. Were they ahead then too? Just because the tide is going out, doesn’t mean it will keep going out.

[@andydataguy]

Thanks for listening to us on email. You really set the gold standard for modern consulting on KZbin.

[@nomadcapitalist]

Thank you, Anand. You're always welcome to contact us.

[@pixiet7321]

Such an elegant idea, I love it, Andrew. I hope you get to feel like James Bond with your first two niche customers !

[@nomadcapitalist]

Thank you!

[@JASAdvantage]

Thumbs up for us middle class guys who have no business even listening to this guy, but stayed anyway.

[@crazydaizy915]

🤣🤣🤣🤣

[@DefiantDEFI]

Im in the same boat. But becoming financially educated and creating 3 income streams this year. Motivating to hold it and move abroad though

[@IceBreaker1]

Fav line........."I don't want to know later my ex-wife or my cousin Vinnie or whoever else drops a dime me"

[@ChrisAthanas]

This Happened to me with an ex wife

[@ThePretender]

In Australia if we leave the country (which we're currently unable to do due to being banned by the government because of the coronavirus) we're taxed at a much higher rate. We become what's known as a "non resident for tax purposes". So my plan is to live in Thailand for 6 months out of the year so I stay an Australian resident for tax purposes, live off my government pension and let my Bitcoin holdings continue to rise in value. It wont be much longer before 5% of my bitcoin will be worth more than my monthly government pension. I might sell off 5% of my bitcoin per year, convert it to fiat and add it to my monthly income. I will rent in Thailand. I will rent a condo, I will rent a motorcycle, I will rent people - I will rent everything! It's a great plan - I go where i'm treated best (Thailand) and I own and live off two of the best assets imaginable - a secure government defined benefit pension income for life + bitcoin.

[@kylejoseph225]

Just use Celsius Network and live off the yield. That way you don't need to sell your BTC.

[@ThePretender]

@@kylejoseph225 Thanks - I will look into doing that

[@Ostricht199]

You're right, that's the correct way to handle Bitcoin: don't trade, don't try to time the market, just hodl!

[@Ggdivhjkjl]

You know the Australian government now charges you capital gains tax on any increases in the value of your coins and they count it as an asset for the purposes of assessing your pension eligibility.

[@chrisgt198726]

My question is why would you ever want to sell your bitcoin when you can use it as collateral to take a loan out (50% LTV, 5%apy)? Assuming bitcoin grows 100% each year, you're earning 95% tax free interest and paying zero tax on the loan while avoiding capital gains tax if you sold. Makes sense to me.

[@SpeedDemonExpress]

Where do you do this?

[@Kevin_Roche]

@@SpeedDemonExpress Celsius. But it's not available for US residents as of now.

[@chrisgt198726]

@@SpeedDemonExpress blockfi

[@chrisgt198726]

@@Kevin_Roche the only reason he doesn't mention this is because it would take away some of his business

[@SpeedDemonExpress]

Problem is they still tax you capital gains on all your trades.

[@christianstewardship4638]

Very exciting news! New premium service. I think high net worth entrepreneurs definitely appreciate this service, especially when you can knock out a plan in a week and then get a passport in the next 6 months

[@nomadcapitalist]

Thank you!

[@pst3115]

According to data from the existing tax legislation, we come to a conclusion that profit from trade in cryptocurrency is not taxed (rate - 0%), because “The Cyprus Tax on profits from trading in shares or other securities, including forex or bitcoins is 0%”

[@Vention1MGTOW]

Neat idea but im barely even a millionaire. I live a frugal lifestyle. My big dream is to work in Permaculture. They can tax the potatoes I grow I suppose.

[@BRAVENEWORDERFILMS]

I wish you the best, but imagine those jerks implementing Rona Lockdowns and also your property taxes, access to water? "Green" New Deal? They are psychos...

[@ET-sp6qm]

@@BRAVENEWORDERFILMS truly and it’s a plan they sold out to the shadow elite rulers. They want to rid the world of workers and depopulate. Manufacturing and call centers are now automated. Next will be the food industry, then on to bankers, lawyers, accountants etc.I hope the professional in this video realizes what the future and artificial intelligence has in store for humanity.

[@turborewind]

You should think about finding a nice girl, single mom that can manage your finances also and in her name buy a piece of land where you can settle down and permaculture. Adopt a couple kids and work on the ol farm. ;)

[@Vention1MGTOW]

@@turborewind lol! And get obliterated in divorce court? I hope you're kidding.

[@christopherrussell6055]

@@Vention1MGTOW Dat prenup doe 💪 😎

[@crsm9824]

like the new short intro and right down to business-ness

[@craigm.5674]

Nice vids... I have been spreading your word... American ...now living in Bavaria, 50 years old....and looking for 2 more European places for residence to retire in 6 years and live simple life in different places... Have many friends in USA wanting the same thing and want to get out of USA soon... keep up good work

[@FrankZen]

"The wider the adoption, the more the sheep will dictate" which part of the reason I hate the excitement over "adoption"!

[@uzah88]

Do you think if multiple countries adopt it then it'll be harder for america to be way worse in taxation/regulation? I see your point but hopefully it won't be as bad if there is global competition for crypto. We'll see.

[@FrankZen]

@@uzah88 Good point. I should really say I hate it specifically for the US haha. It's weird to see crypto users here so hell bent on installing the same tax structure onto crypto. This should be the point of renegotiation, not repeating the same mistake!

[@mariobros7834]

@@uzah88 it will not, because Trump was the last barrier against globalism. The entire world will become way worse for taxation and regulation of anything than USA is today.

[@crazydaizy915]

Agree...can the people not have something left untouched by big brother

[@donniedarko7114]

Easy solution - don't own anything, rent everything. Live like the sheep.

[@sparcx86channel42]

And get loans from the bank

[@jaybefaulky4902]

@@sparcx86channel42 loans with almost zero interest

[@blackroute1527]

Thats what the world economic forum wants....

[@DragonboltBlastter]

@@blackroute1527 True

[@sang3Eta]

I believe it's been a legal tender dual currency in Japan since 1st April 2017. Governments with any sense should follow Japans move and let their citizens save in Bitcoin to devalue their fiat debts away!

[@magnolya8]

Something else that's going on- Discover Card Services via Equifax is 'requesting' 3 years of tax info from approved card holders, fill out form 4506-T or account will be closed.

[@tomorrowswealth9751]

I live in Puerto Rico and its great.

[@islandboy9580]

i been thinking about pr for the taxes but so many people complain about the everyday nuances like banking ,car licences , 2 hour waits at restaunts to get service ect ect.. what is your opinion on this

[@kirkhilborn1885]

How expensive is housing down there? What is the avg. house price? (if you don't mind?)

[@chrislanejones]

Second video, Team Nomad is working double duty today.

[@nomadcapitalist]

💪💪💪

[@maverickcapitalist1]

I am quite glad I am not wealthy yet, as it is easier to move to a different system without major wealth in your name. The tyranny of the U.S. is just terrible and on same tune as former Soviet Union and just continues to worsen with each passing year!

[@karlj1564]

That's a fair point. I'm glad most of my wealth has been earned and kept outside of the UK. Even ordinary people can do a lot to change their lifestyle, living costs and financial security.

[@CGoffgrid]

Tyranny of the US? Huh?

[@papag1969CSMB]

Keep pumping up the FUD!!! Good work Bro!!

[@ronpomerleau3292]

My wife is currently applying for her Hungarian citizenship, so it's good timing to have confirmation of the importance of a 2nd passport, Thanks for the information.

[@burrito47108]

I can’t wait to see you.

[@nomadcapitalist]

Looking forward to it, Josh.

[@MgtowRubicon]

Even low rollers can make substantive moves to expatriate. Many countries do not allow foreigners to own real estate, yet you can acquire a master lease (with an option to buy), and then sublet to tenants. Motivated or distressed owners will very often let you take over the management of their property with no down payment; just make their payments and repairs, and then you're set. Often times, contractual control is superior to the risk of ownership, and you're earning a fair living while you are waiting out the clock to acquire citizenship.

[@Mathiu_Truhile]

Nice, two in one day. 2021 looking pretty good so far. All hail Mr. H, lol. 🙌🙌🙌

[@heartstonecampground1081]

I’m watching this in March 2021...Did you think a year ago your fee would be less than 2 Bitcoin coins? What a great time to be alive!

[@rosalache4581]

Andrew ,I'm a common citizen, yeasr before I was about to say This man is crazy ,charging this kind of money for consulting. Now I came to understand how we are trapped for government regulations never in favor of the population. I find Fair this $80,000 for your consulting somewhere else . I personally years ago maybe ten twelve for a course investment in Chicago with one is considered one of the greatest motivators and you has not rest a minute during the breaks because you are assaulted by teams of so aggressively to buy more courses and believe me people were paying for taking courses for $75,000 up years years ago. Now I see your consultation is very valuable for those time. Helping in all this sort of legal intricacies genuinely that's the value. I'm so wordy ,just I want to say I could feel emphaty with you. Thank you for give us an ample panoramic of what's happening in the world economic.

[@pedrotinho]

Once AMC squeezes I’m coming to you for consulting. Loving your content.

[@checogda262]

This guy is a hero

[@nomadcapitalist]

Thank you😊

[@blockavelli]

I’m finding out that first hand , I’m an American living overseas. As an American there a lot of crypto trading platforms don’t take Americans

[@leeaquirre2889]

go to atomic wallet, exodus or shape shift

[@nomadcapitalist]

True; we've heard this complaint often.

[@yorkpa3767]

@Pui Yue racist

[@xomox5316]

@Pui Yue There are millions of Asian Americans living a good life doing very well are accepted as Americans. You are the xenophobe, but I do agree China has the right to not want the whole world wanted to move in a live there. The West opening their arms to everyone regardless or base IQ probably not a good idea.

[@xomox5316]

@Pui Yue Well these is systemic anti-Asian discrimination but its also systemic anti-White discrimination happening education being the large example as higher IQ minority Asians do so well it blows apart the marxist narrative that blacks and hispanics are not doing as well because of racist white people. So now schools are making it harder for white people and asains to get into them and letting in lower test score blacks and hispantics. That is not anti Asian or anti White its actually anti capitalist marxist thought. Asians nations will continue to do better as they become more capitalistic with higher average IQs Europe will start to slide down high as they are also being taken over by marxist thought. You don't seem stupid think and look deeper into issues. U.S. is declining because its being planned beware what you wish for because when the freedom individual rights super power is gone the globablist that will enslave us all take power

[@IceBreaker1]

I think the Crypto conference is an excellent idea, particularly being able to pay in the Crypto of your choice. Brilliant.

[@batk0427]

I like what I'm hearing. I already said I'm moving to Puerto Rico in 3yrs. after I shake this job.

[@ruqslo8032]

Documenting parts of their nomad journeys would make great content 😅

[@nightArbitrage]

No seriously it would. I'd watch that.

[@brianbrian3031]

Thanks very much! More updated crypto specific info in the future, please!!!

[@dylanappenfeldt2442]

BOOM You got me with the no Computer, zoom rather in person!

[@alwayslearningfromexperts]

Im very impressed with your ability to convey your expertise of taxes and crypto. I have to chuckle as I sit here in amazement of what I have learned when my 10,000.00 investment of btc grows enough to achieve asking for your advice. 🤪. Seriously impressed and would love advice from anyone on how to prepare for taxes with pennies invested. I’m a hodler but in my life, sadly life happens in middle America. Thank You!

[@nomadcapitalist]

Much appreciated!

[@billionairefaith1]

If you get liquated trading bitcoin can you write that off.

[@mrxrp4306]

Monero

[@Robbie-fn4dj]

Yes

[@CuriousAndCuriouser1865]

This dude is talking about an 8% capital gains tax, 90% of working people in the US are paying like a 33% payroll tax, and that's actually money they need to eat and pay rent with.

[@NeonRaveHuskey]

I pay alot more than 8% in capital gains

[@clammerify]

15 to 20% bud

[@TQ2beats]

50% in Canada bud

[@1mackky]

@@TQ2beats Its 50% in CGT here in Australia the first year, then 25% the following subsequent years and we get taxed on transaction fees and the amount moved wallet to wallet as well!

[@chrislanejones]

I like VOO (Vanguard S&P) and Mutual funds, I might put a little in Bitcoin.

[@MeZzZzZzZzZzZzZzZzZ]

You MIGHT wanna hurry the hell up.

[@user-gp3hh5zc8d]

How’s the standard of living in Puerto Rico? How does medical care compare to the US? Would I need to renounce my US citizenship to escape 30-40% taxes or will a duel citizenship work and only live in Puerto Rico a certain # of months per year?

[@brightlife3691]

Do I have to report to the IRS if I haven't withdraw my bitcoin. I only bought it and still in my account so I I need to reports to the IRS?

[@outbackeddie]

There was a place on last year's tax forms where it asked if you bought any crypto. Oddly, it didn't ask if you sold any. I guess that sales part will probably show up in the tax forms for 2020 taxes.

[@brightlife3691]

@@outbackeddie thank you

[@mellissaalinas4123]

I know you can't tax the rich so I decided to become rich with bitcoin, there's no much tax. My Riches is in asset I can't be tax

[@mellissaalinas4123]

Mrs Annabelle is a known and very good professional I've worked with her several times over the months she helped me gain 5.3btc

[@ukitony3355]

The last thing I read was if you only hold, you don’t have to report

[@Jtronique]

@Nomad Capitalist, are the Greyscale Trust stocks taxed differently than actual crypto? Thanks.

[@kbs7340]

Great for the big guys, but any help for the little people? Any help scaled down for small people? Would be a great business in itself. There are a lot of us.

[@Eros13adios]

The best thing is to never take out all your money out in a sum slush or else you'll face big taxes. Just try to calculate how much money you need in a year and use it accordingly to your needs.They can't tax you when you have it inside the market or crypto coins, but only when you trade and liquidate. Try to use your fiat money wisely when you spend it and get all the tax credits available that you can whenever possible and as well when you make a big purchase (home/s, new business or car/s). Good Luck! Just taking drawing/liquidating your crypto into Cash to sit in the bank is a bad idea all around and setting yourself to be vulnerable to get in trouble in taxes for no good reason.

[@jenasushawkins9492]

Happy New Year 2022 The Year of No Fear. Keep spreading the light of truth filled with an abundance of love. ❤ 🕯 ❤

[@alexvex_]

3 world class experts working on my business, for an entire week, saving me millions, for 80k is cheap actually.

[@nomadcapitalist]

You're very kind, Alex; thank you.

[@goththicus]

Doing my 2020 taxes using turbo tax it ask if you own cryptocurrency. 😳

[@SolidworksUnlimited]

I just have 1 question does the government tell you the truth?

[@Bonanzaking]

The question was there last year

[@dronetrucker]

Who's watching?

[@dronetrucker]

If you sell you owe, if you Hodl, and DNT sell into fiat you DNT owe.

[@JUSTTHETRUTHTV]

FUNNY BUT True... Softy Andrew is right!

[@GreyRock100]

Gonad Capitalist 💪🏻

[@samoanpunch]

How about offering a service to train others to do what you do so we can get more people eduacted or serviced properly? Like a contractors course

[@stinkdyr301]

My guess is he would rather not invite the competition. But you are free to start up your own expatriation consultancy.

[@RandyDiver1]

Tell me if there is a flaw with my plan. I moved all my millions from my IRA to my Roth IRA, paid the tax and now inside my Roth IRA I am buying MSTR which is a BTC play. All profits I make on MSTR are tax free. So as BTC goes up so does MSTR. I’m doing good. Was up 1680% for 2020. Up 100% so far in 2021. I hold lots of TSLA Call LEAPS too. However your meeting sounds fun. Currently living full time outside USA.

[@sirij8784]

thats actually a solid plan. I wish I could of converted my roth to btc when I last bought at $180. It would of been a 8 figure roth at its peak!

[@ChartChampions]

Very interested Andrew!

[@nomadcapitalist]

Great! Please email [e-mail] and the team will assist you.

[@IceBreaker1]

Gold & silver never goes out of style:)

[@Zukolo]

Until you try to move it to a different country.

[@subjer0]

Good luck moving all your gold and silver around when it's time to bug out.

[@IceBreaker1]

@@subjer0 Excellent point, Von Ace. Peace

[@maziel2]

thanks for good content.im from poland and also in crypto carencies . Im your fan, folowing ur ideas and knowledge.

[@nomadcapitalist]

Glad to have you.

[@gwyn409]

As a British citizen Gibralter looks good at the moment, although that could change as the EU and UK sort out the Brexit rules going forward after Brexit.

[@Albert1872.]

Portugal is a good option if you can become resident there.

[@towhitby1]

I moved to Guernsey from the UK...many advantages

[@JohnFlynnAttorney]

$80K sounds cheap for what you’re offering. If I were at that level, I’d jump at it. You could probably have charged much more.

[@nomadcapitalist]

Hopefully we can serve you one day also, John.

[@jeffb.140]

God I miss the free internet of the 90s!

[@Vention1MGTOW]

Its still out there. It takes about the same effort to get there as it once took to get on the Internet of the 90's.

[@doloressverko9887]

But in the 90s, we wouldn’t have this video available, among other things.

[@cj7688]

Not for everyone. I love your sentiment, but you are pandering to the 1%. What about us trying to save our $10k USD or $100k USD from government theft? You would certainly get more KZbin views talking to us first.

[@nomadcapitalist]

Unfortunately, we offer a finite service and can not help everyone who wants or needs it. We hope to serve you in the future and are confident you will get there.

[@wetcrow_com]

work in gig economy and write off everything you can to avoid taxes. Take savings and start a business that you can build and expand and work towards becoming a multi-millionaire. Next buy real estate in multiple countries.

[@10MinutestoRouletteFortune]

Portugal. Easy to get a bank account and citizenship in 5 years with no tax on crypto. Easy to get a home too. OR just move to Nevada for no Fed Taxes. Seems legit of a choice to me.

[@matthewjosiah]

At what net worth would you suggest looking at tax-free CBI programs?

[@nomadcapitalist]

It really depends on your wealth velocity, risk profile of you or your business, quality of your current passport, etc. For a westerner, start anywhere from $500K-1M for day trader and cryptocurrency types, or $2M+ for others.

[@matthewjosiah]

@@nomadcapitalist thanks for responding, I’m very familiar and lived in St. Kitts and would love to take advantage of their program and what it offers - love the channel and what it does!

[@jasonbrown6534]

Thanks for this show. It can be very helpful. Keep it up.

[@bullishharvey8793]

Been waiting for this one

[@mrpenguin4288]

Excellent content. A niche market destined to expand.

[@bullishharvey8793]

80,000 dollars? Great. Dollar cost averaging starts ASAP.

[@crossroads670]

@@nomadcapitalist5639 ^ this account is a fake Nomad Capitalist commenter.

[@taylorhunter1463]

The secret of your future is hidden in your daily routine. Successful people do daily what the unsuccessful only do occasionally

[@piero3197]

Great video Andrew!

[@LiamDavid]

You don't pay them and you tell them you lost it all on exchanges if anyone asks, which they won't.

[@bryanc14]

Why not borrow against your crypto to buy a house, car, yacht, etc?

[@christopherrussell6055]

That’s a good idea! Or at least a good thing to do more research on to see if it’s a good idea 😛 From what I’ve heard so far, companies like Celsius will loan you 25-50% of what you collateralize to them... I don’t own enough crypto to buy a house, but if I had enough to buy 2-8 houses I’d look into this further 😏 Just don’t get the loan during the BTC spike! When it comes down you’ll be liable for what it was worth at the top 😵

[@3naturalBionutrition]

Grinding smart to get the 80k to be in a position to fully utilize your services and be set for life. Looking at Mexico and Portugal

[@gabriel3.16]

They charge $80K for their services ?

[@blyat7276]

@@gabriel3.16 wow 80k is alot

[@TQ2beats]

Love the crypto content 👌🏾

[@rainbowsunshinekitty3953]

So, you're saying that the pennies in my Robinhood crypto is a no go? 😢😂Alright. No problem😒 I hope to be lucky enough to need your services one day.

[@incipidsigninsetup]

Take out low interest crypto backed loans. No tax and the cost of the loan would be less then the cost of the tax.

[@FloatingSpaces]

Hi Andrew, I am a Canadian citizen. I’ve been noticing the change of policies are indeed like you mention “getting worst”. Could you make a video about why it’s no longer ideal to be a Canadian citizen? Much appreciated.

[@ricardorodriguesrr18]

That's easy when Canadian government starts to tax Canada citizens living abroad thats the excatly moment when you will the good reason to give up your citizenship

[@thenewdavinci1852]

Canadian here too can we get in touch.

[@FloatingSpaces]

@@thenewdavinci1852 I’m afraid I won’t be much help. I suggest you contact Andrew and his team directly. Good luck!

[@motecho6876]

Was it you Andrew who triggered the govt impose taxes on crypto! (Joke). It was also your other video on Malaysian permanent residence that might've triggered them to stop the expatriation. This shows how well you are doing job giving the best advice to free citizens from tyrannic rules.

[@nomadcapitalist]

Thank you, Mote.

[@LukeWechselberger]

That's awesome you're doing the in-person help! I literally just set that up for my Amazon FBA Elite students and everyone thought it was a super smart idea. Already had 3 clients sign up since December. 5 days and I'll set your Amz business up. Super awesome!! haha great minds think alike! My program is $10k for 5 days and I just got back from Indiana yesterday, but I'm all about the Specter "Fancy Meeting" events. Let's goo!

[@nomadcapitalist]

Happy to serve you, Luke.

[@argon5806]

Sates with no cypto tax: Alaska, Florida, Nevada, South Dakota, Tennessee, Texas, Washington, and Wyoming Puerto Rico. Capitol gains are lower if invested for more than one year. All exchanges report crypto to the FEDs and all crypto can be tracked. Buying off a peer to peer " DEX" exchange can remove the exchange so i'm not sure if it's being tracked. My plan is to get a mail box type residency in a US base crypto tax haven example Puerto Rico and be done with it. If buying over sea use you over seas bank to buy the crypto with and just pay the over seas tax on it. OR use your US based exchange and US based Crypto haven address and US bank and be exempt from taxes yet still live overseas. Not fair to get double taxed from both countries. Other countries may still try to tax you when bring money into their country so best to still keep your US bank and spend of the card. For large investments like land it will be hard to move large amounts with out being taxed

[@LadyNicoleMacleod]

Major thank you I been wondering about this

[@SOMEDUDEWITHANOPINION]

You sound sophisticated in the cryptosphere. I am no whale as you described but hold a small stash . One of them has high speculation of value of 10,000 too 35,000 k in value per coin 🪙👏 . The more I think about Mr.Nomad It is an appealing thought too leave the USA 🇺🇸 it is getting ridiculous here . I wouldn't renounce my citizenship but wouldn't mind finding a new peaceful home in a tropical American friendly environment. I live America grew up here all I have ever known. However it is obviously going too crap 🙄

[@kingmike40]

It seems to me that by the time a person moves pays taxes in the new country and has 2 homes to maintain it would be better just to stay put and pay the tax and not have the second home in a foreign country to maintain. The hassle of traveling between the two countries is enough for me to stay put.

[@HigginsLawLLCWinterHaven]

that depends on your net worth

[@relaxrejuvenaterestrestore4218]

You are a legend, great and informative video.