The TAX FREE Paradise Island No One Knows About…
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Mentioned in this video: mauritius taxes, tax friendly taxes, island lifestyle, crypto taxes, best countries for investors, residency by investment, citizenship by investment countries, best passports in the world, move abroad, lower taxes, less taxes, tax residency.
DISCLAIMER: This video is not tax and/or financial advice. Any information or advice I give is purely based on my own experience and research. I am not a tax professional and/or lawyer and/or accountant so I am not liable for any steps you take to lower your taxes. I'm not a financial advisor nor do I pretend to be. Always do your own research.
Пікірлер: 227
Mauritius is severely underrated! Been on my radar for years and I'm working toward permanent residency. However ‼️ they don't allow dual citizenship for naturalized citizens, this is a pretty big con (if you want their passport)
@nakzadi4015
9 ай бұрын
Do you have to live there to get permanent residency?
@Caydos
5 ай бұрын
Just stick to PR then
I would very strongly consider this option. Please do more videos about Mauritius!
@longgowhereto
Жыл бұрын
I want to support Ivan's wish. I lived on the continent and had an account with Bank of Mauritius, no complaints ever - like private banking. As the very rich made holidays on that island I always thought it would be far over my pay grade, so I am surprised. Yes, please tell us about cost of living. Is there an additional cost for the pp (like in KittsNevis)?
@elvis6132
Жыл бұрын
Same here
@LoopsZ
Жыл бұрын
Don't you guys have legalized slavery and shi?
I was there last year - fantastic 😍😍 Another amazing thing is - there is no dangerous animal/ snakes 👌👌
@WealthyExpat
Жыл бұрын
True true haha
@jaguarbrunswick3906
Жыл бұрын
@@WealthyExpat All you speculators who don't want to work. Who did not acquire wealth with their mind, experience, innovation, hard work. What are you called self-proclaimed exclusive investors. Who only live on dividends, market and crypto speculation. You pay workers very low wages for miserable working conditions. You are not creating real new and added value. You extract money from countries and companies that you did not build with your knowledge and work. And thus you devastate societies with your parasitism. You who have acquired wealth through oligopolistic clientelism and rentierism. You who live in your paradise gardens in your villas, sail on gigantic yachts, private planes. You are bathing in your idle lazy money that you did not earn by working. "We don't want to live in totalitarian states that charge us taxes." Well, my dear friends, everything should be taxed. For every ten cents that you want to take out of the country where you have parasitically appropriated them, you need them through taxes shrink at least 8 cents. No freedoms are taken away from you. They do not deny any rights. But you should be denied the rights to be parasites. You cannot be rich without hard work and without contributing to the community with innovations, new jobs, new patents. I have nothing against rich and successful people. But only those who are adored by their clients, workers, suppliers. And people who have a smile from ear to ear for a paid product or service. Indeed. I admire people who put their soul, body, heart and mind on the line with hard work to create top companies. Spent days and nights in their companies, which today produce top products and services. Who invest in their communities and educate their employees and pay them well. Parasites, lazy people and idlers should all be taken away from you through taxes.
hello. im always excited to watch your videos. especially regarding visas/residence or everything about immigration. keep it up :)
Very nice video! I’ve been living in Mauritius for 10 months now. When you said you were really impressed by certain things, i was shocked to hear DRIVING being one of them. This is something that challenges me on a daily basis. The roads are narrow, people drive like CRAZY and there are hardly any pavements so a lot of people walk on the side of the narrow roads. Not trying to spoil it but i think for anyone considering the beautiful Mauritius, they should be aware of these issues that seem to trouble most foreigners here
@verity4917
8 ай бұрын
In percentage to population, MAURITIUS IS THE WORST COUNTRY IN THE WORLD IN THE AMOUNT OF ROAD ACCIDENTS! NO wonder a tiny island with 1.2 million has 200,000 vehicles! The rich Mauritians show off with their expensive cars - Porsche, Ferrari, Lamborghini! It's CRAZY for a country of 700 square miles to have such bolides flying all over the island!
Thanks this was really helpful I've been looking at this place.
Awesome video and thanks for sharing 😉
Great video. Thanks 😊
My first video from your channel and I’m already sold! (Subbed, I mean) I think I just found the place where I would like to grow old and retire. Now excuse me while I go down your channel’s rabbit hole 👍
was blessed to visit end of last year! Had the time of my life ❤🔥❤🔥
Please make another video on Mauritius!!
Wow. This was a great video, I have been looking at alot of places but I have never heard of this island. Im a blockchain dev so im happy to see the crypto adoption! Seriously considering moving
Hi. Love this channel! :) Are there any discounts for families in any of the tax free countries? Say a family of 4.... 2 adults and 2 children under 8 yoa. We will move at some point, just not sure where to yet.
Agreed 100% Born there Moved to Sydney 50 years ago Wish I could go back
Am from Mauritius. It's paradise
@verity4917
8 ай бұрын
Hi sunyatalove... MAURITIUS IS HELL IN PARADISE!
Everything I have read in regards to Mauritian citizenship law requires renouncing all prior citizenships to gain Mauritius citizenship and it appears acquiring another citizenship after obtaining Mauritian citizenship would cause you to lose Mauritius citizenship. There also appears to be a potential for Mauritian citizens to lose citizenship by being absent from the country for too long.
@David73694
Жыл бұрын
Oops !! Then that’s bad lol
@Mechaneer
Жыл бұрын
That's all pretty wack
@1queijocas
Жыл бұрын
So this citizenship is basically useless unless you plan to live there for the rest of your life
@Zugzzzwang
Жыл бұрын
Ohh man that sucks
@jeremybarlow2291
Жыл бұрын
@@1queijocas It isn't useless, but it has some caveats. The black letter statutory nationality act gives me pause about it's benefits.
Very interesting to see Mauritius coming up now since in July 2020 the MV Wakashio ran aground off the coast of Mauritius, releasing 1,000 tonnes of fuel oil into the water and sparking Mauritius’s worst environmental disaster.
I'm not a wealthy individual yet ,but I do like this option, and I hope the opportunity stays around for a long time.
I'm considering Cyprus. But Mauritius looks like a great option too.
I will need more videos to explain Citizenship by investment, taxes and possible cut down price in Citizenship by investment program
Great retirement visa too.
Please do some research if you have to renounce your previous citizenship to get the passport.
Its also one of the best kitesurfing/ water sports areas in the world!!
I don’t think a day a year will cut it for citizenship. Under the real estate option there may be no visit requirement but that doesn’t mean those years count towards citizenship…
Looking forward to this one. I feel like if a person has greneda & Mauritius passport they would fair very well. Which banks are best & does it matter which property you buy would be my only question
@mariobroselli3642
4 ай бұрын
Is dual Citizenship allowed though?
Dope!!
Yes please do more videos about it this is one of my favourite places to be as a crypto investor 👍
Make a new video on best country with no tax for e-commerce business
So Awesome 🤩
Great video. It is also a very strong passport the strongest in Africa with access to 146 countries
@WealthyExpat
Жыл бұрын
Yesss exactly
Are you there right now? I'm in Mauritius too, come over for a drink!
Mauritius is a TAX HAVEN loved by RICH PEOPLE from INDIA.
How complicated is to open company or buy properties to get residency?
Where to buy property in Mauritius? Which website and which area is the best?
I would like to know a lot more about this place
How’s the healthcare program?
But you cannot have multiple passport if you acquire Mauritius passport unless you are born citizen.
I'm from Mauritius
I can wait for the next bull run, and I can give you a call, it’s the first thing I’ll be doing 😊
Been looking at this for a while but setting up my companies here through the LOOP structure. Your thoughts on that?
@stevemyers2092
Жыл бұрын
i am thinking Isle of Mann for banking and company set up and living in Mauritius part time. I am CDN.
How is safety? How are wifi and internet connections?
Not a bad place to live as a resident...however citizenship in reality vs on paper are two different concepts.. many have tried but never received it...
@davidrichards1741
Жыл бұрын
It depends on your nationality. If you're russian, forget naturalization or maybe even residency if the US gets its way. Go to Asia instead, they're more welcoming you, and most Asians will defy the US.
Please do Chile again! Your last video was a little incomplete.
Nice
Pls advise for Thai passport now we can go with free visa? Or we will got visa on arrival?
Is there digital nomad visa for Dubai?
What’s the point of incorporating your company in a country that you can’t use the financial system in (without paying taxes). Unless you just want to incorporate a shell company there.
If you need a contact in Mauritius my business partner live there he work with the banks.
Mauritius is amazing.... you ought to visit the unknown island called Rodrigues, it is a territory of Mauritius.
@WealthyExpat
Жыл бұрын
Yes I’ve heard it’s amazing
@joaoportugal8618
Жыл бұрын
@@WealthyExpat Mauritius will also require that you renounce to your other nationalities/passports?
@jaguarbrunswick3906
Жыл бұрын
@@WealthyExpat You should also be penalized for all fictitious companies, fictitious products and services. And most importantly, you should be penalized for fictitious transactions aimed at avoiding tax collection.
@stephanemalabar2319
Жыл бұрын
@@joaoportugal8618 Are you sure ? I was born in France from Mauritian parents and have dual citizenship. Maybe it's a new rule
@joaoportugal8618
Жыл бұрын
@@stephanemalabar2319 Your parents are from Mauritian. It´s different from someone that wants to get that citizenship without having parents from there.
What happends if i lose my job while im on a green employe visa?
More information please
Whats the dating pool like there?
@martinak1723
7 ай бұрын
You get penetration after two dates at medium prized restaurants
@tapeshark
3 ай бұрын
Creole chicks (half French half African are hot as fuck) also South Africa is close by (most of Mauritius like 50% is of Indian origin, then 30% Creole 10% White and the rest are Chinese and other. There is a massive South African expat community 10s of thousands but I'm not sure of exact numbers. I know you didn't ask about race or ethnicity, I'm just trying to articulate that its diverse and you have "options"... the island is home to over a million people. (Yeah I realise this comment is a year old, but hopefully it helps someone..)
I bought a land in the Philippines and it’s very close to the beaches. I wanna build a villa like that and have an offices for nomads
@davidrichards1741
Жыл бұрын
I'm singaporean. We and everyone else in ASEAN now despise the philippines because of those new bases. Nuclear war coming soon to philippines. Blame USA. Those new bases will get nuked along with all of philippines, putting us at risk too from the fallout. Really dumb to allow those bases. Should have kept Duterte, he knew how to keep the US out, which has no right being here so far from home.
@reeseed24
Жыл бұрын
You can do that in Mauritius as well .... land is cheap ... and i'm from Mauritius
@sandrabentley8111
Жыл бұрын
You cannot own a building in the Philippines.
@blobtv7444
Жыл бұрын
@@sandrabentley8111 ?? not as a foreigner but she looks Filipina
Is it true that dual citizenship is not allowed if you naturalize?
Does it have tax treaty with usa ?
Wow. beautiful island. how did this place manage to hide from the world
What about crypto taxes? Does the bank accept large $ transfer from crypto exchanges?
Hi I am looking for citizen visa in Bhamas can u suggest me, thanks
Is this right that Mauritius don't allow dual citizenship?
If they are really into crypto...how many Crypto ATMs are there in Mauritius? I found none :(
Tax for Crypto trader? if I get a Bank account in Crypto.
can we buy property in mauritius by bitcoin or usdt
Is Mauritius also free of crypto tax?
I think u can enter uk with mauritius passport
Why does it look like you are using green screen instead of being there
Does Mauritius allow dual citizenship for naturalized commonwealth citizens?
Would much appreciate it if in these videos you could give the Covid mandate/vaccine policy. How heavy-handed are they?
@omar8102
Жыл бұрын
What i do is check internet archive and check out their past restrictions. So far mexico, brazil, tanzania, ecuador, cyprus, russia, jamaica. Had low restrictions. As you know it all depends on the government and it can change at any time.
Daily direct flights to Mauritius from Singapore. Mauritius is famous for being very boring and expensive. Everything is closed in the evening. There's no shopping. Etc. And the cost of everything on this isolated island is outrageous! Actually, it's even WAY more boring and expensive than Singapore.
@noone6498
Жыл бұрын
There is nightlife in mauritius
@myronbourne6937
11 ай бұрын
🧢
Have you being in Sri Lanka, what your concern about that country?
I know about it 😀
Watching this vid as a broke 16 ur old whose never had a job lol. Hopefully I’m rich in the future
@aadiskywalker
Жыл бұрын
You're still way ahead than most 16 year olds for listening to these things at your age.
@Mirasacredsun
Жыл бұрын
There is infinite money for everyone. I can assure you are not “ broke “ if you now have access to this Knowledge then go ahead and prepare and plan to be wealthy. It’s not hard or impossible. Start working on your money mindset. The money will find you.
Seo guy now doing travel videos.
Try Philppines we got morethan 7000 islands. Paradise than u mentioned. Palawan philipines / coron philipines/ Romblon Philippines/ bohol Philippines/ Davao Philippines/ Bukidnun Philippines/ batanes philippines/ bohol Philippines/ siargao philipinee. Alot more to mentioned. U domt know. Milllion massive forieghners been here
Can you live on a budget ?
Can i HQ a crypto Exchanges there?
How did u rent the villa Thru airbnb
@WealthyExpat
Жыл бұрын
At the four seasons hotel directly
You deserve it 🎉
Epic….
Just had a vision, having some fun in the sun fishing and surfing with the family! Then…Somalian Pirates storm the Island searching for crypto keys…
@snaky1310
Жыл бұрын
Mauritius is fairly far from Somalia, those pirates wouldn't make it that far!
It looks beautiful - I had a girlfriend from there. Lovely people.
Mauritius is known by Indians and Africans. It's a useful jurisdiction for people working in those places.
"The corals are alive." I'm afraid not. The corals are about as alive as the dodo.
What about safety? Military? Police? Violence rate? You stated all the positives to make it seem like Heaven but that island is still on Planet earth.
@stephanemalabar2319
Жыл бұрын
I don't live there but visit every other year as my parents are Mauritian. It's relatively safe but in cities inland, there are drug related issues, mainly between locals but you never know. Other issues that shouldn't impact expats I think but if you live there you might see it, it's the ethnic tensions between different cultures (e.g Hindus vs Creoles or muslims) it's not as rosy and peaceful as they like to portray. Most people are usually nice and kind to expats, as a rule of thumb, as blunt as it sounds if you are white of European descent you would be left in peace. Overall, pretty safe I would say, most people are friendly and always help, the only danger might be boredom ahah it's pretty dead everywhere come 8pm apart from a few bars and restaurants
Woooow
Is dual citizenship allowed? Was anyone ever naturalized by either the expedited way or the slow way? This ambiguity is costing Mauritius billions of dollars.
Apologies but a lot of the information contained in the video is not accurate. Crypto, tax, citizenship most of the information is not accurate.
No one knows about? Lol. It's the fave haunt of Africans & Indians. Indians particularly have used Mauritius to such an extent that India now has highly restrictive financial relations with Mauritius and funds are highly scrutinized. That's why Indians have shifted to Dubai. 😆
@stevemyers2092
Жыл бұрын
Indians were all over the philippines and still are - so much so they started with small lending micro loans I guess you call them now they have their own bank - CHECK step 2 completed. Now step 3....
@RAmogh
Жыл бұрын
@@stevemyers2092 yes it completely figures since phillipines has the strictest banking secrecy system topping even the Swiss. Phillipines banks are bound by law to not give away account details even to their own Govt and Courts.
How did they treat ppl during covid? Did they force the 💉?
@davidrichards1741
Жыл бұрын
Also, was it mRNA or IV or a choice? The traditional chinese IV shots available in much of Africa and almost all of Asia were no more dangerous than the measles shot. Old proven technology and actually tested, imagine that. No athletes dropping dead in china or india.
Yeah the local people well sell everthing double or trible to you, i think Dubai is more better because all rich
@anthonyadejumo6613
Жыл бұрын
It happens in every country unless you don't travel alot.
I didn't like my stay in Mauritius that much, but maybe because of the unfriendly staff in my hotel! They were arrogant like sh*t.
@stephanemalabar2319
Жыл бұрын
Yes, unfortunately some people can be... plus outside of hotels or touristic areas, it's not that safe anymore. There was a big drug epidemics a few years ago
@KarlWalker
Жыл бұрын
This is a very touristic view…ground reality is different 😂
@blobtv7444
Жыл бұрын
@@KarlWalker touristic views are usually way better then the reality, they are best behaved cause they need the business.
@CS-my1xz
11 ай бұрын
@@stephanemalabar2319Really? I was there a few years ago and then it was safe… :(
You should also be penalized for all fictitious companies, fictitious products and services. And most importantly, you should be penalized for fictitious transactions aimed at avoiding tax collection.
In the middle of nowhere, you'd get bored after a while
The island looks like it will be swallowed up by the indian ocean any time
tax free but more expensive than most developed countries.
Making money in this current cryptocurrency market slump is very difficult lately, especially when trading futures. Any helpful advice I might consider?
@timleech5708
Жыл бұрын
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@hugoclarke642
Жыл бұрын
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@edwardlubin770
Жыл бұрын
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@hugoclarke642
Жыл бұрын
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@charlottenoah4341
Жыл бұрын
JosephMCberg is a great person to work with and his services are highly recommended.
The Paradise Island is in a miserable condition after the attack of titans from Marley. So of course it is tax free.
As if Canada, my country, was a top 4 country. It's not even a sewer pipe anymore. Long time you haven't been in Canada. LOL Canada stopped improving in the 70's/80's. 45 years of decay and stagnation is starting to show off.
@stevemyers2092
Жыл бұрын
yah I am going to be gone in 1-2 years. been here for most of 68 years. I can't see paying 50% tax when I can pay 0-5%. Sorry (a CDN inside joke). Can still visit family a few months a year...so why stay.
@Flitalidapouet
Жыл бұрын
@@stevemyers2092 And most countries improved a lot while we where stagnating, lots of choice now. Even Mexico is nearly at par with Canada with no winter, better view, better more civil society, and temperate climates in the mountains.
@SeanTheNoob
Жыл бұрын
I left Canada last year 😊
@Flitalidapouet
Жыл бұрын
@@SeanTheNoob Can I ask where you choose to go, my main problem is DARN TOO MUCH CHOICE lol
@SeanTheNoob
Жыл бұрын
@@Flitalidapouet Mexico For now.
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@kylepeter3370
Жыл бұрын
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@annelove3626
Жыл бұрын
I’ve heard a lot about trading with her but how competent and trustworthy is she? Can I trust her with my investment I need your opinion please 🙏
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Жыл бұрын
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@jamewilliams7660
Жыл бұрын
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Next time talk about how corrupted and drug problems it has. Thank you
@stevemyers2092
Жыл бұрын
if your looking for shangrala - try the library - welcome to reality and pretty much every country you would consider living in.
Never be to mauritius in Africa I want live ther