Puerto Rico has been doing the news headlines a lot recently. Especially, its status as being a brand new income tax haven for Americans has landed it on editorial pages from Forbes to GQ.

Only at Nomad Capitalist, we think everywhere has the right to “go where you’re treated best”, so we work each day assisting six- and seven-figure entrepreneurs legitimately reduce offshore tax strategies to their taxes.

For some – although not all – American businesses and their owners, Puerto Rico may be the ultimate income tax haven. All things considered, company leaders such as for example give Cardone have traditionally fled high-tax states like Ca for zero-tax states like Nevada, Florida, and Tennessee.

Nevertheless, eliminating state fees is a tiny the main issue; residents of Florida and Nevada still spend US federal taxation, while Puerto Rico residents frequently usually do not.

As we’re fond of saying right here, you can move from Florida to Puerto Rico if you can move from California to Florida.

( because of the measure, many people may additionally desire to make one further jump to moving overseas to, state, Panama… but that is another article.)

更多…