Is it possible to legally avoid US taxes forever? In this video, Andrew answers a comment from a viewer on how long after the renunciation of your US citizenship can the IRS continue to tax you on your US-based investments that produce income.
0:29 Tax Law Question
1:02 Is dual citizenship allowed in the US?
2:15 Renunciation of U.S. Citizenship
3:38 Investing In Stocks
4:59 Steps to file a tax return
– US tax requirements for YouTube earnings
5:26 Tax on Items sold by sellers on Amazon.com
6:53 How are you taxed on stocks?
– U.S Stocks
8:22 Countries without capital gains tax
Andrew Henderson and the Nomad Capitalist team are the world’s most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to “go where they’re treated best”.
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Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle.
Our growing team of researchers, strategies, and implementers add to our ever-growing knowledge base of the best options available. In addition, we’ve spent years studying the behavior of hundreds of clients in order to help people get the results they want faster and with less effort.
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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.