Move to Paraguay with 0% Tax? Here's What You Need to Know Before You Go!
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Summary of this video:
🏆 The Four Tiers of Places Based on Your Income:
•Tier 4: $500-$1000/ month in expenses
- Latin America or Southeast Asia.
- Latin America is much easier if you’re from the US, Canada, Europe, or any Spanish-speaking country.
- The Tax-friendliness of places like Paraguay allow you to keep 100% of your income and reinvest it into your business.
•Tier 4+: $1000-$2000/ month in expenses
- Still Latin America but you have more options to choose from.
•Tier 3: $2000-$3000/ month in expenses
- Places like Nosara, Santa Teresa, La Fortuna in Costa Rica 🇨🇷 or Bocas Del Toro in Panama 🇵🇦 are great options.
•Tier 2: $3000-$10,000/ month in expenses
- Once you get to this level you can comfortably live in all the world-class cities of Europe such as: Barcelona, Madrid, Rome, Paris, Budapest etc.
•Tier 1: $10K+/ month in expenses
- At this Level you can afford to live in the most expensive places like Dubai, London, Miami, New York, Singapore etc.
- However, with the exception of Dubai, most of these places aren’t Tax-free so you need to have the right legal structure in place to avoid your income getting halved by taxation.
Miquel Gironès recommends you start your journey in Latin America, save money on taxes with a Paraguayan Tax residency,
build up your business to at least $10k/ month and only then move to places like Dubai.
If you want to get started on this journey and taxes are holding you back, Paraguay is your best choice
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If you’re already at 10k+/ month we recommend Dubai
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Not sure which option is best for you?
Message Miquel’s team on WhatsApp or Telegram
WA: wa.me/17868913724
TG: www.t.me/mg_success
You can also Learn more from Miquel Gironès On:
Twitter: / miquelgirones1
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YT: / @miquel_girones
Timestamps:
00:00 - Intro
00:57 - Latin America vs Southeast Asia
01:43 - Why Latin America is better
02:37 - Tax Advantages of Latin America
03:34 - Miquel Gironès’ take on Colombia
04:51 - Tier 3 places - Costa Rica and Panama
05:22 - Tier 2 places - Europe
05:52 - Tier 1 places - Dubai, London, Miami, New York, Singapore etc
#UnveilingTheJourney
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from broke to wealthy: the 4 city tiers,
from broke to wealthy,
going from broke to wealthy,
from broke to rich