Six Exit Tax Myths (Not Just for Americans)

https://nomadcapitalist.com/tax-reduc...

How does exit tax work? In this video, Andrew discusses six myths about exit tax.

00:00 Start
2:11 Exit Tax Only Applies to US Citizens
4:12 No Tax on Intangible Assets
5:23 No Exit Tax on Crypto, Foreign Assets or Non-Reportable Assets
7:00 I Will Get Taxed on Gains I Already Have
8:50 There Is a Special Exit Tax Rate
10:08 The Exit Tax Rate Won’t Go Up

Andrew Henderson and the Nomad Capitalist team are the world's most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best".

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Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle.

Our growing team of researchers, strategies, and implementers add to our ever-growing knowledge base of the best options available. In addition, we've spent years studying the behavior of hundreds of clients in order to help people get the results they want faster and with less effort.

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DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.