Move Out Of The USA NEVER Pay Taxes Again, Here's How
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- čas přidán 17. 10. 2023
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In this video, I'm sharing how to move out of the USA and never pay taxes again. By following my steps, you can move to a country with lower taxes and live a tax-free life!
There are a lot of benefits to moving to a tax-free country. You'll be able to save money on your taxes, live a more comfortable life, and have more freedom. Plus, you can stay connected to your friends and family back in the USA. By following my tips, you can move out of the USA and start living the life you've always desired!
Move Out Of The USA NEVER Pay Taxes Again, Here's How - Jak na to + styl
Definitely need more of these uncles on the cast.
Nice work.
I joined the Army two weeks our of HS. A lot of my friends went to college or started working a 9to5 because they were TOLD this was the way. All of them are still in the US and Heavily in debt (keeping up with the Jones) BUT they have those degrees on the wall LMAO. I served 4 years and got out with a Honorable discharge then filed for my Veterans benefits. Sitting here in Thailand enjoying that check every month.
Joining the Army was the Best move I ever made.
As long as you're a US citizen you're going to pay taxes, that's the drawback of US citizenship compared to the rest of NATO
So now yankees calling Europeans NATO?
No…did you watch the video ?
@@_p45of course he didn’t or wasn’t paying attention.
If it's under a certain amount you don't.
Whats the point of doing this if you're always gonna have to work for a company in order to not pay taxes on 110K (Any penny that doesn't come from a foreign company is still taxed). A true expat is a entrepeneur who uses passes income (stocks,etc) to live the life they want@@_p45
As a military veteran joining the army is the best decision I ever made. I got stationed in Italy for 3 years and got a life changing view on the world. For all the young dude out there thinking about it just DO IT. Yes you will miss your family and friends BUT the guy you service with will become like family. You will have unforgettable experiences that money couldn’t put a price on.
They can use the 30 days annual leave to visit countries in the same geographic region; invite family and friends to visit abroad; and visit home every 1 to 3 years when they change duty stations.
I totally agree with you! I have never been in the military but I`ve travelled extensively around the world. Nothing beats it. Experiencing the different cultures, traditions, food and people opens up your mind. You can`t put a price to it. ❤🔥❣💯
Good to hear I’m working on it I gotta get my birth certificate replaced and I’m enlistingASAP I need a restart before I’m too old
Not worth it these days. Shit getting bad.
@@dontrustwhiteyevery1 depending on your situation it can definitely be worth it not too many jobs I know that will pay for schooling ,comes with housing and food; I know you technically pay for it but still at least for its a GREAT PLACE TO RESTART and extract as much as I can
I served 6 years in the Navy and sadly being stationed aboard the USS Forrestal wasn't all that great. I wanted to make it a career but I got no help from my commanding officers. The best advice they gave me was to go to Sub school. I didn't like the idea of being cooped up on a sub for the length of time they spend on deployment. So I just took my honorable discharge and went back to my job I had left to go into the service. They weren't too accommodating to the brothers back then and I saw a majority of the white sailors get away with a lot of shit.
I was in the Navy and always tell people who ask, I hated 75% of it but that 25% made me who I am today and wouldn't trade it for the world.
I also was in the Navy for eight years, west pack, the fact that the Philippines, the Japanese, the Australian and the women from Thailand all treated us men better than our own women. It didn't matter whether you were black or white, foreign females particularly Asian women were just a pleasure to be around. Every man should leave their country to see the rest of the world.
Old heads In Tha house!!
Respect to this man. You younger folks will be there one day. Listen actively. Do your own research and don’t be cheap when it comes to understanding how to manage and take advantage of taxes. My experience is that people who take the cheap route are the same people who want so-called rich people to front their lifestyles too. It's your money. Learn to manage it.
US Army vet here. What he says is real and true.
But!!
I would NEVER recommend the military to men now. It sucks!
Instead, get into IT Consulting specifically in AI, Sales, Cybersecurity, Data Sciences or Cloud Services.
Then round out the edges with an ITIL or LEAN Six Sigma certificate. Green or higher preferred but Yellow gets you a leg up.
Then make sure your public speaking is on par. Toastmasters or Dale Carnegie courses will help. Or just CZcams it if you are a badass.
No way I become a slave to the US Government military now.
Spot on most don’t realize us blacks who have now retired didn’t have many choices if any so we got lucky and put up with BS to make it to retirement. What you mentioned is the wave of success that these young men and women now have access too and can make quadruple what we made as it was not always about serving most the time it was about money and they can make it big now
Thank you for that confirmation. You're right. I had very little choices to get out of the bad environment I was in so I went with the military and it was the best decision of my life. But now, I have 5 grown or nearly grown children and they will NEVER see that side of Uncle Sam based on all the opportunities out there now.
Thanks for your service and thanks again for your insight. @@edwardlawler9487
Thank you for the wisdom and knowledge. I'm all ears and I love information like this. Have a great weekend.
I'm a 21 Year Retired Air Force Vet... Things Are Totally Different For Kids Joining The Military Today. Although It Remains The Best Decision I Have Personally Ever Made, I Don't Recommend It Today! There Are A Myriad Of Other Options Available. It's All About Taking Action...
Facts I must say we got lucky as I retired from the force in 2017 and with a pension and disability I didn’t realize I invested in myself and get paid for life. I never looked at it that way but it paid off living in seoul now thanks for your service
Why would you not recommend it today tho?
@@de_lontekk8019 it’s just like corporate it’s minimum wages unless you get lucky and get into a career field that’s evolving. IT, Cyber, Intel, Air traffic control can all translate over to the civilian sector but that’s only IF you qualify and then lane one of those jobs. Anything else outside of that maybe like contracting or civil engineering is okay but not worth the military to do that you can be an apprentice and do labor jobs and stay away from wars etc. I could go on and on but todays military is not the old way and even back when we didn’t make much money nor did we know these top career fields existed
@@edwardlawler9487 I just got done talking to my Air Force recruiter in the local area, I scored a 73 on the practice test, but now you have to take a cyber test to see if you qualify for cyber. I was told I qualify for the space force as well but honestly any IT position would be great, I have an offer from border patrol as well the pay is good but the wait is too long I can’t wait another year.
@@de_lontekk8019 also how this for by us vets I don’t know but after retiring from active duty now instead of immediately getting your pension you don’t get it until you’re 59 another con to what it use ri be
We need more interviews like this !
If you’re a remote worker working for an American company this is likely not applicable.
**IRS has entered the chat**
Great interview clips Auston. Keep going...✊🏽
These have been some fire interviews!
Lots of Gem in this video‼️
Love all your other content, it’s great. These are the type of videos that will continue to elevate you good brother. This was a great convo, thanks for the information.
Love when these vids go in this direction, This makes you a main attraction regardless, financial stability
Xtly.
Man this is gold information young men plzzzz soak it up
Probably my favorite video you did. USAF Vet and the flexibility the VA gives you is great
Great video. Do more of these bro
Auston...BIG RESPECT to you and Dan for posting this conversation. I'm 48 and I wish someone would've sat me down at 18 and gave me this game. Everything he said was on point.
I would b Very careful saying Never pay taxes, as there sooo many conditions and clauses that must b met....
Otherwise, Great conversation piece and if those conditions DO apply, Enjoy and Have Fun!!😁
Great interview 🎉🎉🎉🎉🎉🎉🎉
Thank u bruh.
I thought about this song the second I read news last night 🇮🇸 🌋
You have to file taxes. You may not owe but you need to file a tax return. You also might become a tax resident and owe taxes in a foreign country if you live there for more than 183 days a year. Speak with a tax specialist if you decide to live abroad.
Thanks for sharing
Wise uncle spitting knowledge here brothas please pay attention and learn some travel game. 👏🏾👍🏾 #RESPECT
picked up some knowledge on this one
This is the kind of content that I'd watch.
Good information
This guy is giving good advice
I been in war most of my childhood RIGHT HERE IN THE USA, without any basic training however, I am extremely happy to see us happy, persevere, relaxing, enjoying life and smiling. GOD BLESS🌊
OG game is on 1000% right now. 🙏
1Master teacher retired from the Air Force... he will tell you it's the easiest military force to be in. My Brother was in the National Guard and he said Air Force basic training is super easy compared to the Marines.
Can't argue with the bruthuh. I was in the Navy for 6 years and it was unbeknownst to me at the time one of the best things I could have ever done. Been out and working professionally for over 30 years and now I'm steal ready to retire at a fairly young age. That military disability is big boost to things. If you are young, fit and can put up with taking orders, risking going to war etc. it is a very good thing to do. I saw many guys in the military piss it all away on cars and motorcycles and what not, but if you are smart, the military could be a very good option.
His advice on military for travel is excellent but its important to understand that its the Department of Defense. Many people get vexed when conflict pops off, which does happen. Best to retire after 20 years, or 30 year for a more robust package and stay abroad with occaisional tours in the states. He has the facts about MTA twisted.
Come to Conakry Guinea 🇬🇳
The greatest video ever made on TAXATION for guys who retired this year and signing up for FULL-TIME PASSPORT BRO membership!
Yep army veteran and make enough to live pretty much anywhere around the world comfortably. I suggest any young man to get a trade before the military first. At least with a trade you can still work anywhere in the world. Or go into tech
His advice about the index funds is excellent. The military is the best option if one is not particularly talented and/or is from a family that isn't S. If one has a lot going for him or herself and a family willing to invest in one's potential, the military will hold one back or slow down one's progress.
Joining the military or tech is the two best. As long u not in infantry u good
Agreed, I am in tech, but I wish I went into the military.
Rich men, military personnel and retirees are the 1st members of the passport bros.
Young man do not enlist in the military in 2023. Don’t do it. Use your heads if you want to work abroad, or work remotely.
Great information guys, Austin you and the gentleman are speaking on great content. Im 50 yrs. now and look forward to making life changing decisions soon. I have coworkers who are firefighters who get disability from the military. Im jealous. I wish I could have gone that route, but needless to say, im blessed in so many other way. God Speed
Do more vids like this bro. Good content! The tax benefits of making tax free money and then investing that money into the S&P 500 for 10 years can/will retire you.
VANGUARD VOO
Navy veteran here. Military is not for everyone, but I would recommend it. Made me who I am today. God knows the young people today needs discipline.
Sheeeit I don’t pay taxes and I’m still stateside. Just have to structure your finances/businesses/trusts properly
Wait a remote work visa in Thailand????? 👀 cos I’m in Thailand now lol. And I’m 100 certain ain’t no “remote work visa” aka digital nomad visa but imma look.
Smokings not wise for your health.
I wouldn't play around with the United States of America when it comes to taxes please citizens just pay it
Bruh, I got my passport without using my ssi number. So paying taxes is a fuq no… I only pay taxes where I move to. I’m a Nationalist. 👏🏾👏🏾👏🏾👏🏾
Not the military now. Maybe in the 90's, then yes. Now, it's very very risky with the bankers wars. Master a trade.
I think the key is to make money overseas for a overseas source and not put the money in a U.S base bank that way they don't know about correct me if im wrong
You have to file. No getting around that. The US recognizes dual citizenship so you can get a 2nd passport or you can get a residence permit for many of the places you've visited. Like Ye said on "Grammy Family", "That Louis Vuitton sh*t ain't cheap mane". Like ya guy mentioned, Andrew Henderson, the Nomad Capitalist has his CZcams channel, which he doesn't monetize, but does charge for consultation. His clients are 7, 8, and sometimes 9 figure entrepreneurs and business people and some celebrities. I watch frequently and the cheapest citizenship is one of the 5 in the Caribbean. It will take about 6-9 months if you meet all the requirements and will set you back 150K +/-. The best thing about it is you don't have to live on the island or visit during the process unless you want(it is the Caribbean so why not visit).
Yup. S&P Index fund.
I wish I knew that in my 20s. My IRA has been POPPING because of the SPDR fund.
It tracks the S & P 500. So when the stock market is roaring, so are you.
If my crypto investments explode, I have every intention of cashing out and stuffing the winnings there.
I should be able to retire overseas after that. As I'll be comparatively REALLY WEALTHY then. I'll make like 100k a year on the fund and only spend $20k.
#WINNING
With full respect, I appreciate you and enjoy your content.
But this is misleading information and to someone who doesn't know anything and hasn't spent the time to experience how it works will have serious misunderstandings.
FEIE only applies to earnings from wages. It has nothing to do with capital gains -- interest, dividends, and sales of equities (inc. crypto).
It is true that in a few countries like UAE you can avoid taxes on "wages" as a resident in that country. If you are in France, you best believe that you will pay taxes on all of those things if you are a resident there and FEIE would be a huge mistake where you will overpay on taxes significantly. I'm speaking from experience.
So it will ultimatel;y depend on where you are a resident and if you don't pay taxes as a resident somewhere else....then you are not going to qualify as FEIE. Now the only question is -- do you want to lie to IRS or the country your'e a resident of and risk not getting caught. That's on you.
If you go for a low-tax country, perhaps for example Colombia, you FEIE might make sense for you vs. FTC but should absolutely try to check.
Either way, whether you use FEIE or FTC --> you are going to owe taxes to USA on capital gains if you are not paying them to a country where you are a resident. If that country doesn't tax you (e.g. crypto), you will owe taxes on it to USA. But if you use FTC annd you are in a high-tax country then FTC will be much more advantageous for you.
Click-bait title and dangerous advice IMO
Where are you living now, are you out of the US currently?
@saphirextra -- I'm living in Germany since 2010 -- not a digital nomad but living here with full-time job on and off. Have travelled all over for years and years but for tax residences only had USA, Brazil and Germany. Everyone's situation is unique but only in a few countries can someone actually avoid paying taxes period -- unless they are just lying to someone.
What's FTC?
@@df1707 Foreign Tax Credits
That’s is correct I live abroad after retiring and I meet that criteria but it’s a very small few that will meet those requirements so be careful on misleading titles. NO US CITIZEN is ever exempt from
Filing and paying unless you have a bad a$$ cpa that can show write offs from other things and you might break even or get money back or you might have to pay like I do because you make too much. But saying never is not the truth as most don’t hit that threshold
You have to give up your US citizenship to not pay US taxes, when you move outside of the USA
Can you please explain how you stay out of the US so long … ‘most countries the let you stay for 60 to 90 days
You can bounce around to many countries as a tourist or get a temporary residence for countries which makes you come and go as much as you want for a year or two
@@df1707exactly
No rules to stay out of your country but rules to stay in someone else’s is always in the table unless you get into visas for other countries to live
I lost my best friend in the military in high school... he died in the Iraq war... I think there are better options if you want to get a pension. Ups pays 150k after 4 years and you get a great pension as a driver. The reason so many poor blacks join the military is because they want blacks poor and out of college and in prisons and in the military. Better to go to college overseas for free and try to parlay that to citizenship... most European countries have better healthcare and retirement plans than America anyways.
The US requires you to pay taxes no matter where you are.
Uncle Sam always comes to collect. I don't know how these guys aren't paying some form of taxes?
@@davidcaldwell5420 The US is crazy. You must file taxes as long as you are a US citizen no matter where you live.
@martino6205 so you still pay even if you are out of the country 330+ days of the year?
Sometimes uncle Sam sits back and let's it build up
@@NickDBN only way you ain't paying taxes is if you give up your citizenship. The dude from Facebook gave up his citizenship so he wouldn't have to pay US taxes on all that money he won.
Ok so he is saying he doesn't have money going into a USA bank account?
You should read AND APPLY Money Master the Game brother!
HA, HA and HA > UNION 831 DSNY - RETIRED 2023 with GOOD PENSION > NEXT STOP < BANGKOK!
Do you or have you ever smoked cannabis?
Renounce?
The best Pilots are from Kenya 🇰🇪. Ethiopia 🇪🇹 is our sister country but they get second place 🙂
How do you avoid your U.S. bank from not clocking your deposits in your account? I would take a second look at this video if I were you. Make sure you’re not promoting tax evasion.
You couldn’t have watched this haha
One of the same video! Need some brother about their money. Brothers that chase money can always Will away have women. Bros that chase women will not always have money
Promoting Tax evasion? You’re a Pookie
Are you trolling?
🤡
What an idiot. Like uncle trump said, if it’s legal I will use it. Lol
It's tax exemption dummy
Even as a dual citizen you still have to pay takes to Uncle Sam
You have to file, doesn’t mean you always pay
@@AustonHollemanauston there is a american bro who lives in AFRICA he have buildt up a huge tech company in Africa.
He lives in Angola and his tech company name= PayPay..
Much love and power 2 u frome a diaspora bro living in the nehterland/europe.
It would be much better invest in Africa🔥💥❤ and grow ass big u can be whitout western BS tax etc 🔥💥
@@AustonHollemanu can also start building a barber shop empire in Africa,,
Look for some guy's/men/woman who knows how to cut and brai hair etc .
Start opening one shop whit the goal in 5 years up to 10 all over kenia/tanzania/angola /rwanda etc
@@AustonHollemanexactly, that’s the key point
@@AustonHollemantrue but if you don’t pay, that probably means you might have to pay in the country that you’re considered a tax resident
S&P 500
Dont listen to the foolishness...
I know how to do that but I call Total BS if you do it. Without my secret way of doing.
Hey, Marine you're on point with the taxes, thoroughly enjoyed the video. I'm Retired as well with 100% Disability Rating.