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Register yourself in South America for 0% Taxes for 7000 USD ?

Taxes and regulation

Zorro

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i know a legit company that offers that service

they register you in paraguay as your first residence but they charge 7k USD for it.

is it worth it or can you do it easily yourself and safe the 7k ?


7k is not a big deal but I still like to keep it mine if its possible
 
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Vigilante

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"Go out there and get rich. Get so obnoxiously rich that when that tax bill comes, your first thought will be to choke on how big a check you have to write," the owner of the Dallas Mavericks wrote recently on blog maverick, the mark cuban weblog. "Your 2nd thought will be 'what a great problem to have,' and your 3rd should be a recognition that in paying your taxes, you are helping to support millions of Americans that are not as fortunate as you." - Mark Cuban
 

Zorro

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"Go out there and get rich. Get so obnoxiously rich that when that tax bill comes, your first thought will be to choke on how big a check you have to write," the owner of the Dallas Mavericks wrote recently on blog maverick, the mark cuban weblog. "Your 2nd thought will be 'what a great problem to have,' and your 3rd should be a recognition that in paying your taxes, you are helping to support millions of Americans that are not as fortunate as you." - Mark Cuban

Im gready and selfish and dont like where my tax money goes to

If I want to blow my money I pick some charities that I like
 
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Vigilante

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I am fine if you want to MOVE to Paraguay. Move there. Pay zero taxes.

Totally your choice.

However, if you choose to try and game the system, then you can spend the rest of your life waiting for a knock at the door that you just hope never comes.

I personally prefer sleeping well at night.

I hate wasted tax money. I do everything I can to minimize them. There's a huge difference between tax mitigation. tax minimization, tax avoidance and tax evasion.

Paraguay could sell you out in an instant, just like many overseas banks have done in the past.
 

Zorro

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thanks vigilante

but is there any other way to get the residence there cheaper?

thats the main reason I asked or is the 7K USD a rip off?
 

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