- Thread starter
- #361
User Power
Value/Post Ratio
455%
- May 1, 2011
- 7,643
- 34,795
When I’m 85 years old I’m not going to look back on my life and think “Man, I should’ve lived somewhere I would’ve paid less taxes rather than the place I enjoyed most.”
This Alex Hormozi quote has really hit home with me lately although I can still enjoy the Irish tax rate if I start an online business
I also have a relatively low tax rate and it's one of the reasons I wouldn't want to move entirely to another country with a higher tax rate.
If you have to pay 2-3x more in taxes, then it will take you way longer to hit the Fastlane. So I think that the best of both worlds is to remain a tax resident of your country (if it's low-tax) and travel between a few places so that you don't end up becoming a tax resident elsewhere.
Do you have any places where you'd like to move that are high tax rate?
Dislike ads? Remove them and support the forum:
Subscribe to Fastlane Insiders.