the
The
to
To
and
And
of
a
A
Tax
• Archive: http://archive.is/gYCPE $695 $56 - Tax-Free Zone Video Course - America I’m talking about legally eliminating all taxation on the most common forms of investment income.
• Or running a business with 4% or less taxes on profits.Never before have such incredible tax incentives been available to Americans so easily.Dear Reader,I did it.I recently moved down to the Island of Enchantment with my family.Not that they mind… it’s been sunny almost every day with a cool ocean breeze, and temperatures in the 70s and 80s.Sure beats the freezing cold and snowy weather.Our big workout down here is taking a swim in the pool or the ocean versus digging out of huge snow piles.But it wasn’t just the sunny skies, year-round warm weather, and beautiful ocean beaches that drew us to Puerto Rico; it was the incredible tax breaks that are available here that are not available anywhere else in the world for would-be former US residents.You see, to spur job growth and economic activity in general, the Commonwealth of Puerto Rico introduced these enormous tax incentives for incoming residents and service businesses.Specifically, for Puerto Rican residents and businesses that qualify—mostly expatriates from the US mainland or their enterprises—the recently enacted Act 22 and Act 20 provide for a zero tax rate on capital gains and certain interest and dividends earned by individuals.And, if you a run a business that exports services like I’m doing here, they also provide for low single-digit tax rates on your profits.
• No double tax taxation, no income tax on profits, just a top 4% withholding on distributions to owners (and no corporate tax on profits sent to your partners outside of Puerto Rico, either).According to Bloomberg, “The marginal tax rate for affluent New Yorkers can exceed 50 percent on ordinary income.”By relocating to Puerto Rico, enormous tax savings can be achieved.For certain investors, that could mean eliminating taxation completely.
• For the right businesses, it could mean tax rates of just 4% on earnings.Anyone who relocates to Puerto Rico can apply for the tax shelter of Acts 22 and 20—including mainland US citizens, who cannot find similar benefits anywhere else in the world without significant complication and expense.Now, I know it sounds too good to be true.But I’ve done a comprehensive boots-on-the-ground investigation and found that the tax advantages are real, and that for many Americans they are a huge opportunity that could truly be life-changing.Because, until now, there was no easy, legal way to escape US taxes… besides death or renouncing your US citizenship.That’s because the US is the only country in the world that effectively taxes its citizens and former residents no matter where they live and make their money.Sure, there are plenty of low-tax countries in the world.
• Singapore, the Cayman Islands, and Dubai come to mind—and chances are you’ve heard of them all for that reason.These little countries have turned into financial and services meccas because any Londoner or Parisian or Canadian could head there and run a business or manage their investments in a much more tax-friendly climate.America, not so much.