In recent years, the exposure of the Panama Papers and the Paradise Papers has once again put tax havens at the forefront of public opinion. In the last two years, criticism of these places has multiplied throughout the world.
Many critics affirm that if it weren’t for these millionaire paradises, the crisis would’ve been less of a crisis, governments wouldn’t have had to make so many cuts; we’d all pay fewer taxes and, ultimately, things would be much better.
Now, how true is all of this? Are tax havens really as bad for the general welfare we’re told?
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Andrew Henderson: Tax Havens: Nomad Capitalist
Tax havens aren’t what they once were.
Jurisdictions like the British Virgin Islands, St. Lucia, Barbados, Seychelles, and others are changing their tax laws and even getting out of the offshore business entirely.
Facing pressure from high-tax countries to increase tax rates and transparency, it’s becoming harder to form an offshore company.
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ABOUT NOMAD CAPITALISTAndrew 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”.
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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/
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Buy Andrew’s book: https://amzn.to/2QKQqR0DISCLAIMER: 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.