Where Smart Billionaires Hide Their Money
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- čas přidán 27. 08. 2024
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Mentioned in this video: billionaire, billionaire lifestyle, save taxes, hide my money, save money, cayman islands, uae, bahamas, cook islands trust, trust fund, pay less taxes legally, how billionaires not pay taxes, jeff bezos taxes, elon musk taxes, millionaire taxes.
DISCLAIMER: This video is not tax and/or financial advice. Any information or advice I give is purely based on my own experience and research. I am not a tax professional and/or lawyer and/or accountant so I am not liable for any steps you take to lower your taxes. I'm not a financial advisor nor do I pretend to be. Always do your own research.
great video even for a 17 year old broke boy who have big plans ...
Im 22yrs old and have only 1000$ and watching this vid
I grew up poor but, if you stay hungry and never give up, you will have the life you want
I’m 19 at the moment. At 17 I was still learning and reading books about money. It’s paying dividends right now. As Patrick Bet David would say, be aggressively patient.
The younger, the better. When you finally reach a point where you have some savings or assets you will have the strategy to protect yourself right away. No Baby momma drama for you my friend.
It is disheartening to see the ultra rich get away with their shenanigans
When you invest, you're buying a day you don't have to work
Assets that can make you rich
Bitcoin
Stocks
Real estate
You're right , it's obvious a lot of people remain poor due to ignorance, it's better to take risks and make sacrifices than to remain poor
It's not ignorance but due to some unprofessional broker in the market
I have been an investor in the crypto market for over 2 years now
Now is the best time to purchase and invest in Bitcoin, stop procrastinating!!
Just paid the South African government 40% in taxes, excited to move everything over to Dubai next year 🙌🏼
40%? That’s fucking crazy.
It's total madness.
@@femiairboy94my friends who were bequeathed a mansion by their parents were imposed to pay 74% out of 24 millions how the french government assessed it. They’re still suing tho it was like 2.5 years ago
Bro I was literally googling this stuff a few days ago trying to get a solid answer. Thank you.
So how do you mitigate 3rd party risk of default or fraud now that you are several layers separated from your assets.
Still, US citizens have to report all foreign trusts, all foreign bank accounts, and all foreign corporations.
Here's a nice tip for someone who likes to store their belongings in vaults. The Security Center in New Orleans Louisiana is an old Federal Reserve Bank with a huge vault. These accounts are not named they are numbered only. So your assets can stay in the United States and you don't have to travel very far to put your hands on them!
Hello! Im moving to dubai in about a week for university. Your videos have been very helpful to me! I have seen some very conflicting information online about one topic though: pets. I have always wanted to own reptiles but some sources say this is not allowed, yet I see many dubai stores selling them. I know this isnt a usual topic you would cover, but perhaps it could be included in a "common misinformation/misconceptions" type video? Thank you so much!
It is allowed
How do you access monry not in your name to spend it?
This is by far your best video! Outstanding!!
The only person I’m calling after the next bull run, Million dollar information thank you brother for sharing.
Once you transfer the properties to so many companies ec. Sachels , Dubai itc how would you use the equity to borrow more money to purchase more properties , who will borrow you then and how can you continue working ?
This video is how to protect your assets , make a video how you'll be able to continue borrowing and purchasing around the world .
Splendid video! I'll for sure consult you when I have problems 🤝
The one thing I'll say is if you're going through a divorce or something similar where if you don't pay the judgement you could go to jail, you need to ensure your funds or assets are not in your name or your control. If you have legal control over those assets, you can be forced to give it up or face jail time. So having overseas bank or crypto accounts in your name may not protect you or having entities set up overseas that you still control. You could choose not to disclose ownership, but you might get in trouble in other ways that can also land you in jail.
Don't get married in the first place.
Hi Rafael,
I have a question: when you have a Trust, a company owning other companies and then a company, how much difficult is to open bank accounts of the entities?
.
A bro I breed killers check my dogs out @SuperiorPresa
Take a shot every time he says company
Drunk in 10 minutes
This is how the King of England, "the crown" still owns the land under an extraordinary amount of the buildings in Manhattan, they lease the land in perpetuity.
Brilliant video, Bro!
The way you get to the Cook Islands, of course, is in your yacht.
Thanks for helping me to get knowledge about taxes and banks etc.
I am just waiting for my first 3 billions
Make a video on e2 visa
Awesome video Rafael, very insightful,Blessings.
Please do a video on how to leverage life insurance.
Thank you !!
As a kid who just turned 14 now while ago you alredy helped me soo much, btw great video very informative
Once you need a bank account you will have to reveal the UBO. Same if you establish a legal entity in the EU you will have to reveal the UBO to the UBO register
Which countries besides the US requires to report these ?
Is it ok to create a trust fund and have it own all the assets. Will it still be protected or should the trust fund not be owned by me?
You already answered your question.
where is better saint kitts and Navis or Dominica ?
My strategy is buy Monero on a daily basis then purchase stable coin and luxury watches. No need to have a complex offshore structure this is the safest and untraceable method
@@DeusExMachina50 a vault that is not associated to a bank in another country from where I live.
Can they trace who purchases monero and how much though? Seems like a solid idea, just trying to understand fully….for a friend of course 👀
@@iinrodwetrust I don’t know 100% it could be a honeypot but as long as you buy Bitcoin your fine because they can’t freeze your Bitcoin but any other coin they can freeze it from the backend like fbi can call the creators of USD-C and have them freeze any stablecoins in a wallet and they have done this already many times Or purchase luxury watches.
@@dropshipincanada The problem is the fact that if you buy any crypto coin with fiat they can trace the fiat that you used to buy the crypto.
@@svensulzmann4282 exactly, the best an individual can do is to pick a country that they believe it gives them the most security/trust.
But when people talk about asset protection, most of the time they talk about protecting from OTHER than the state/government.
Amazing video bro - now jus need enough money that's worth protecting
Hahaha
😂😂
Great video.
Nice video bro
Thank you !!
Its better to pay or more, to get proper advice…. then do it yourself and hussel and get frustrated with bureaucracies, you can safe headache and time to do other things….You are on my list…..sir☝️🙏👍
this was cool thanks
You need to keep your real assets in a private companies vault not a bank vault then your protected from authorities or just keep the watches in a storage unit most of them are pretty secure also purchase Watch insurance just to be safe.
bruh
Hatton gardens vaults were holding customers gold. And it was stolen. Nothings fullproof.
Can trust own bank account? for example for payment for real estate etc?
What do you think about Trusts in UAE
Never cast a shadow, zero residual presence.
Interesting but who signs the documents at the bank when say buying real estate? Always need to show a Passport and ID connected to company.
The other thing is that when you get a CBI passport from a Caribbean country, the passport specifies your country of birth. And if you were born in the US, a banker... anywhere in the world.... will assume that you're a US citizen.
What a great video!
Can we have consult? How do I do that?
Why? but you can give hime twenty five thousand if you want LOL
You really think this guy will tell everyone where all the big guns keep their money on CZcams. This is clickbait.
If he tells their secrets, then its NOT secret anymore.
Those days are numbered . One transfer and you are on the radar screen .
There is no need to move off-shore to create a trust! The State of Delaware offers plenty of tax-free products with guaranteed personal privacy.
wow... nice video ...
if i get a Grenada passport do i have to declare it in my country
Where are you from?
No, you don't . I have 5 passports, and I don't declare anything.
But in the Vault, is layering of crypto cold storage assets possible
Will banks in Dubai send me enquiry if I sell a property for bank transfer that i have purchased with crypto?
I've learned so much from his channel, thank you! Also, can we get a video about what usual crypto coins you and your clients hold?
You said alot of you clients do that ? Who's your clients ? If there biliioners believe me they don't need your services because they have alot of lawyers and they now how to reduce there tax
Lawyers don't have knowledge on financial happenings boss
7:19 : 🙋♂️ be careful of Ledger…☝️🙏
Yes true !!! Better have another wallet
Why people.have to hide so much, just tax them at right amount and be both happy tax giver and tax imposer
Where NOT to put your money....Serbia. If you don't get scammed, you will spend weeks getting approval from the tax office to wire it out of Serbia 😢
They keep your money as long as possible.
Why just in Duvai everything no everybody likes to visit Dubay or to trust. I DON'T!
You mean to tell U.S is not a safe country to be wealthy.
Thank you for your SPECTACULAR video.... ciao da ITALIA 🇮🇹❤️❤️❤️
Must be annoying to deal with all the stupid cases.
he confuse
Bro I lost confidence in you when you got Serbian Citizenship.
🫠
Westerners are NOT welcome! Go somewhere else. So Rafael spent a million Euros on Golden Passport? Serbs want nothing to do with you people
This kid still needs to grow up.
He's learning ABC and thinks himself Shakespeare!
Going to st. kittis & nevis is very hard. I'm Malaysian. More than 30h+ of journey+ no easy routes + 3 time plane changing......very much disturbing.
you don't need to physically go there.
@@hendrixansel9750 you need, if you live in Malaysia
Why is it bad to have assets under your name so much hated?
You make yourself vulnerable to lawsuits... example: someone might falsely accuse you of something you did not do, and get money out of you
@@TheEmperor000 you can prove you are innocent with documents and stuff.
@@penguingobrrbrr353 Sure...
😊
'''Honestly crypto does serve a purpose
i'm glad I got into crypto when I did because it’s been a turning point for me financially,been my best decision so far ...
as an independent man I started my first investment plan with just a $1000 and now earning weekly income of $5000 in cryptocurrency exchange with my personal broker
The financial markets are full with opportunities, but l've learned a lot over the past few years to doubt that. The key is knowing where to focus. Well appreciated, Elsa Helwig
Where can I contact Mrs elsa helwig please?
SHE IS ON TELE GRAM'''👇👇
@Helwigtrades
That's User name
I get mad at your appearance
Stay mad bro
@@WealthyExpat just joking mate your cute
This is a Dubai shilling channel. Dubai is the capital for PIMPS like those Tates. There are plenty of other wealthy clean places to form a company. Cash isn't the only thing. It's just one thing.
Agreed.
Iam from Dubai Can I get Ur any contact