RE: Why You Should Quit Your Job And Hop On The Back Of A Train

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Why You Should Quit Your Job And Hop On The Back Of A Train

in life •  8 years ago 

Are you from the US? How can you get away from the State and the Central Bank if you're taxed no matter where you live?

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No, luckily I am not American. There are still ways to do it even if you are unfortunate enough to have US citizenship though.

If you want to get the tax credit which is up to 100,000usd you can do that, but if you want to just get your earning on a corporate account thats easier, but as an American you need to own less than 10% and not be the ultimate beneficiary, thats another way, that works if your a consultant.

or you can renounce but i woulnt do that unless your really wealthy, just get a second residency/passport in a low or no tax haven,or use the crypto currency or gold for certain transfers.

Borderedge, I live where taxes arent really collected,(central america) I also travel quite a bit in the region,with a second passport its reallly easy to stay off the radar if you want.

How is the internet connections there? Cell phone with hotspot? I read the other day that it's really dangerous there currently, but I'm looking at making a major changes on my end.

Thanks,

If you're REALLY looking to get away, you could take up citizenship in your new country an denounce your previous USA citizenship. An extreme option for sure but an option!

There is dual citizenship. Maybe I will become a citizen of Texas and the US. I hear that Texas is trying hard to succeed from the Union. I understand that their agreement to join the Union was predicated on the option of also leaving it if they chose to do so in the future.

  ·  8 years ago (edited)

Dual citizenship would mean paying double taxes. And Texas has been "trying" to leave ever since they joined. It'll never happen.

Your right about paying more taxes even in Texas.
Can I borrow your crystal ball.

If you're in the USA you'll probably pay lower taxes if you move to Texas; there's no state income tax there!

Rent or property taxes will take a big chunk of your cash in the big cities here in TX.

I'm Italian by the way. The only reason I'm keeping my passport is my ancestors are all Italian and it's one of the highest on the Passport Index. Anyway, do you tend to live where there are lower taxes or just where you feel free to roam? what are your criteria for an ideal place where to work and live?