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The Nomad Capitalist Audio Experience

Would like to become a global citizen and legally pay less in tax, build a freedom lifestyle, and create wealth faster? Here at Nomad Capitalist, we believe that you should "go where you're treated best". That means using strategies like offshore companies, offshore bank accounts, legal tax reduction, dual citizenship, high-yield international investing, cryptocurrencies, and low-tax living to keep more of your own money and design a life you love. These strategies - when used correctly - are completely legal for Americans, Australians, Brits, and Canadians. Nomad Capitalist works exclusively with six- and seven-figure entrepreneurs and investors who want to become global citizens living the good life.
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Oct 21, 2020

https://nomadcapitalist.com/2020/06/15/tax-free-countries-in-the-americas/

If you earn over $400,000, Joe Biden's proposed tax plan is bad news for you. Long story short, taxes will go up.

1.Incomes over $400K will now be subject to Social Security tax on the overage. If you're self-employed, that's 12.4% from $400K to infinity; money you'll never get back when you retire. If you make $1 million per year, this could cost you up to $74,400.

2. Deductions will be limited, and they will have a maximum tax rate of 28%.

3. The top tax bracket for individuals will increase back to 39.6%.

4. The tax bracket for corporations will increase to 28%.

5.Capital gains will be taxed as ordinary income.

6. The tax rate on GILTI will be doubled from 10.5% to 21%

We'll be advising our clients on possible ways to get ahead of this if Joe Biden wins. Even if he doesn't, this is a pretty standard agenda for Democrats and will be implemented eventually.

Suffice it to say, anyone earning $400,000 or more NEEDS to have an international diversification strategy that lets them "exit stage left" when the time comes.

https://taxfoundation.org/joe-biden-tax-plan-2020/

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 more than 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/andrew-henderson/
Our website: https://www.nomadcapitalist.com
Subscribe: https://www.youtube.com/subscription_center?add_user=nomadcapitalist
Buy Andrew's book: https://amzn.to/2QKQqR0

DISCLAIMER: The information in this podcast 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.

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