Figured it was time to post something worthwhile here.
There exists a community of like-minded, Fastlane living, internationally living professionals. I've recently tapped into this network and have learned some interesting things that I thought I'd share with you guys.
I've had my eye on Puerto Rico for awhile. Until recently, the only recourse for American citizens who wanted to avoid U.S taxes was to renounce citizenship. The articles below should provide a pretty clear idea of the opportunity. I'm interested to see what folks here think about this. If you're a successful or soon-to-be successful writer or service provider, and you can do your work from anywhere, imagine the consequences of not having to pay 38% (only 4% max), plus state taxes on seven or eight figures of income.
Further Reading:
Puerto Rico as an Alternative to Renunciation
Peter Schiff Goes to Puerto Rico
Puerto Rico's Tax Benefits
Why I Really Moved to Puerto Rico and You Should Too
There exists a community of like-minded, Fastlane living, internationally living professionals. I've recently tapped into this network and have learned some interesting things that I thought I'd share with you guys.
See the entire article here.
I've had my eye on Puerto Rico for awhile. Until recently, the only recourse for American citizens who wanted to avoid U.S taxes was to renounce citizenship. The articles below should provide a pretty clear idea of the opportunity. I'm interested to see what folks here think about this. If you're a successful or soon-to-be successful writer or service provider, and you can do your work from anywhere, imagine the consequences of not having to pay 38% (only 4% max), plus state taxes on seven or eight figures of income.
Further Reading:
Puerto Rico as an Alternative to Renunciation
Peter Schiff Goes to Puerto Rico
Puerto Rico's Tax Benefits
Why I Really Moved to Puerto Rico and You Should Too
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