seems like if you make a living trading stocks that Puerto Rico would be the place you would want to live due to captial gains tax zero?

I also live in Puerto Rico and so does my family! I think. This program not only helps Puerto Rico it helps people who work hard keep most of their money!

I’m selling all my stuff in nj and moving back to Puerto Rico! I have a car property, and am always going back and forth to Puerto Rico!

I would like to move me and my family down there is there any way you can recommend anyone that I can reach out to?

Hi, what is the name of the app you're using the count the number of days?

I appreciate your honesty

Hi there if you’re interested, me and my brothers and sisters are selling a 2 story beach home in Aguada PR that needs some work that my father left us after he passed away. The house would be great for an Airbnb. It’s like a 6 minute walk to the beach. If interested feel free to let me know. Have a great day. 👍🏽

Great video!

dont go near PR 📝 got it

@phantomjosh2148

Жыл бұрын

Your channels dead with millions of subscribers? What happened? You should’ve kept uploading years ago to keep it alive

How much do you think you should be making minimum yearly in your business or have invested in crypto/stocks to make it worth moving to PR?

@az9043

10 ай бұрын

According to "Flipping Mastery TV" channel, he said a minimum $250K taxes for single/married no kids and $500K taxes for married with kids. Otherwise, it is not worth the tradeoff to move to PR. It does make sense since you would have to factor in the following things ($10K annual donation to non-profit charitable, $5K annual report with Government of PR, must purchase real property in PR within 2 years, property tax once you own a home, high sales tax, high food cost due to shipping, and other negative issues).

@RossEnzo

10 ай бұрын

It really doesn’t matter about the dollar amount it matters about your personal situation. Since 2021 you have to purchase property to have the designation. So many podcasters make us look bad.

@DanBelsky_Health_Money_Love

7 ай бұрын

Living in Panama, Costa Rica and having experience with European countries as well, this is your best bet!! : PUERTO RICO everyone we meet here speaks fluent english and we live out of the capital!

Cool, im check Puerto Rico out, any other you would recommend

As a person born in Puerto Rico who has lived outside of Puerto Rico for 53 years but still has Family there i think that your video is a bit insulting First of all i learned to be shocked over people not honoring the Word in the United States 11 we moved here compared to Puerto Rico where it was always Word of honor secondly One of the problems Puerto Rico has suffered from is the vast use of drugs by americans so that the drugs are brought into Puerto Rico for easy Access into the United States and they recruit Young naive Kids to do the dealing and facilitating for them but keep in mind the problem is the vast unhappiness in the United States which creates a Market for drugs that are funneled through our little island and creates these problems Another issue which recently was up before the US supreme court is that social Security checks and disability checks can be far lower in Puerto Rico simply put because it is not a state or in other words because americans stepped in there and took it over from Spain by Force and never let it go So why not continue abusing Of Puerto Rico As far as corruption goes i live in the Miami Fort lauderdale area and i could tell you i have seen so much corruption and i know all the politicians here firsthand i have their private numbers they visit my home and i could tell you that most of them are pigs and let's not even talk about the judicial system where there's completely no empathy at all when they're screwing you like your accountant did to you back in Puerto Rico Puerto ricans have a Heart and if you treat them well they'll be your best Friends and maybe you need to consider that and you do seem like a nice Guy but just the way that you speak is enough to insult a puerto rican like myself who's been away from the island for that Long One thing i noticed after moving from south beach into Fort lauderdale is how rude so called white people are even though I'm wider than most of them but hispanic and how i can see that rudeness clashing with the africanamericans who no matter what you May want to find in them as in flaw They are funny humorous and you could have a conversation with them and a Heart to Heart even but that is hardly ever possible with an American who just ignore you sometimes when you're trying to talk to them Are things inefficient well if you have corrupt politicians all over the United States and in its colonies and corruption everywhere and drug dealing controlling things yes and the United States could do plenty with the FBI the CIA and other agencies to improve on that but you have to start by acting in good Faith and letting a puerto rican have the same social Security check and benefits when they Move From New York for example or Miami to Puerto Rico I have benefits for my mom in Miami that sadly i cannot take her to Puerto Rico even though she would prefer living there and she was born in the United States to cuban parents and raised partly in the United States and i could tell you that when you speak of Puerto Rico her eyes water as did my father's because of the kindness and Love that most of them bring to you As far as crime goes i don't know who the Hell you think you're talking to because here in the US what happens is americans hide crime That is a non hispanic non african American non haitian trait in other words americans that are allegedly white hide what is going on and i haven't covered a series of things in my own neighborhood which were completely covered up including murders home invasions and car thefts a 3040 cars a night in an upscale neighborhood of Fort lauderdale and nobody hears about it and guess what even the Press here is compromised in Miami it's even worse I would feel a lot safer being in Puerto Rico because there you Hand over the money and they just won't shoot you for the fun of it

By becoming a resident of Puerto Rico. Did you lose the ability voting in the presidential elections ?

@genesisdavila3485

2 ай бұрын

yes you do. cant have 0 taxes AND vote

@christianhandy7092

2 ай бұрын

@@genesisdavila3485 TAKE MY VOTING RIGHT AND KEEP IT!, 😂 0 taxes here I come

@imjustalilbit

2 ай бұрын

You can live in PR, benefit from tax laws and vote in presidential elections on the mainland as long as you travel back to the mainland to vote.

@JohnNemesis7

Ай бұрын

Voting for a president or pay no taxes..... you choose

There is plenty of crime here in the states as well.

Can I apply for act 60 myself or do you need to have a lawyer do it for you?

@JohnNemesis7

Ай бұрын

You can do it by yourself. You must spend at least 183 days per year in Puerto Rico. It costs $750. If you are accepted, you have to pay $5,000 more. You have to make a $10,000 charitable contribution, submit a report, and pay $300 each year

@RicherThanIeverbeen

Ай бұрын

@@JohnNemesis7 Sounds great

❤ I love your video, energy and entrepreneurial inside. I would love to contact you in the future to see if we can do a Collab to both profit from this entrepreneurship. Thank you, Dan Belsky. 🙏

Is Dubai a tax haven? They don't charge income tax, but US citizens still owe income & capital gains tax to the US while living there right?

@josean6961

3 ай бұрын

​@@prestonlawnot necessarily... you would pay worldwide income to the United States if not renounced but you don't gave to

This video was extremely helpful. Thank you.

cool video!

Hey, who are the people / companies you can refer in order to make the transition?

Yes, you are so right and what I love about Puerto Rico is that I don’t pay any capital gains I pay zero taxes and bitcoin, stocks and interest, and I have all the protection of the United States 🇺🇸

@alegraywolf025

2 ай бұрын

This is gentrification

I don't understand the part where you said you have to pay 30 something percent to the IRS when you withdraw the money as personal salary?

10:25 dude you realize there are a ton of roads like this in the mainland usa right....

Good for you

Yes I had to get my tire rim repaired! 😂

Thank you for the information to save %%%0 "ZERO" per cent on capital gains awesome!!!

Damn I would be fishing all day everyday 🤣 only thing I rather have my son go to school in US and Dr here in NC are very good 😊

You're not wrong though. I'm a puertorican and I can confirm that there is a lot of professional people willing to work and then you got the ones that are lazy af. Also for anyone coming from the US it does take some time to get used to and definitely do your research on places cause there is a lot of violence and theft that goes on.

It’s called island time, the reason why things don’t get done quickly on the island. And yes there are crimes there like any city and town in the mainland. The people that leave is understandable. The culture is different, and the island time is enough for anyone to leave. I have seen and heard of many successful people that make it and wouldn’t change a thing. Their main concern is the island becoming a state. And those benefits going away. For me the island time is enough for me not to go there. Unless i am retired.

How do the crypto people qualify, they do not provide a service to the US, is it because you are trading while in PR and making the money there? So if I am a stock trader, day trader, I can move there and never pay capital gains? Another main question is how about taxes on pensions or withdrawal from 401K? thanks great video.

Good for you that you don’t pay that much taxes! If people are angry it’s because they don’t have enough money to be able to take advantage of these type of benifits! Thank you Puerto Rico, I also applaud you! I applaud capitalism, and people like you!

If you ever want to check out Palmas I’d love to give you a tour!

Dangerous?

I do also have to say that i feel bad that your accountant stole money from you if that is what actually happened but i can tell you that in the United States One thing i've experienced like i told a judge One day in court when he was pointing out and insinuating that i parked a little bit far and that's why i was a couple of minutes late and that he said i should be careful with what he meant to be the african americans in that area And i responded that what i've learned is that in the United States more often than not you get robbed for years and then after you get robbed at the end of many years you have to go into court where the judges themselves are seeking to help the big corporations and injustice most of the time just look at what's going on with Donald Trump like him or not The cases have some outrageous sides to them and some attacks on the former president that clearly are combined purposefully timed and which should have been brought Long before if they are even legitimate and let's not even go into things like the ridiculous valuation over his home in palm beach that the judge came up with But they won't send the judge to jail for what is obviously ridiculous or take his license away and disbar him for what is obviously abuse Yes in the United States i've learned that you could be working for years and people will Rob you of what you made at the end of all those years and what we see that goes on over here with Family and the elderly is incredible and the abuse that is brought upon them so Their wealth can be stolen from them regardless of what happens to them after that I don't think Puerto Rico is a place for someone who's just trying to save some money on taxes but it has to be for somebody who has an interview and Passes it and it should be subjective and i think someone like you should not even be allowed there because just the way you speak with a complete utter lack of knowledge of the culture and probably you don't speak very good Spanish and i see your Focus which is just to speak in a hurry and all that which is not conducive in any way You for sure i wish my parents would have never left that island And by the way my Family like i said were originally cuban and they were very Business savvy and they fit very well in the United States but then again how could anybody fit well with other people that are doing the same thing in areas like Miami and Fort lauderdale you see there's no honor among a certain type of person at least in Puerto Rico there is a vast majority that have a wonderful Heart And of course that's something you're never gonna seein your case

@sptrades

Ай бұрын

Go write a book. No one. Cares

Hopefully that all changes

Why dont you talk about how much this hurts puerto ricans? But i guess you dont care much about that...

@JohnNemesis7

Ай бұрын

You need to complain against your own government. Because they are the ones who made that happen. Americans from the states are just doing what I would do if I were in their position to avoid paying taxes

@TainaPR2024

Ай бұрын

@@JohnNemesis7 Slavery used to be legal too, did it also make it ok in your eyes?

@JohnNemesis7

Ай бұрын

@@TainaPR2024 Comparing tax reliefs with slavery. Makes sense.

Hi Hayden, Obviously your not a CPA. If you have real estate in the USA are you paying 21% on that income because its effectively connected income it would be US income ?

@HaydenBowles

Жыл бұрын

My real estate in there states is in no way benefited by Puerto Rico. I pay no tax on my real estate, as there are plenty of advantages in the states to utilize

Those people making the money should make better jobs than for the locals

@Markdfadf

Ай бұрын

First of all they do. But it isn't their responsiblity or anyone else's. Jobs are an expense to an entrepreneur. The only reason to create a job is if it adds value to an entrepreneur's bottom line.

For someone who wants to travel but benefit from PR, spend Jan1- end of May in PR; then there's just 34 days left that you have to be there. If there's a hurricane, leave. If you want to go on vacation, you have plenty of time. Summer in northern Europe as it's cooler. Uber everywhere, car is just expense, risk, parking, repairs due to their potholes, tolls (maybe find a local you trust for longer trips, maybe someone who knows the rainforest that you can hire as driver/guide.) I'd like to live in a condo near the beach, some are affordable; worth buying in the $180k range and some rent for under $1k (not Dorado, lol.) I saw a small house for $27k in the middle of nowhere, someone could buy that and rent a condo in a place they like if no affordable condos are for sale. If I hit my minimum goal range, I can't do it this year; about double that is the minimum for PR. If I hit a big goal, I'd have to move to PR so I can earn enough to cover the taxes (if I earn it in US, I'd be taxed on the money I'd be earning just for paying taxes; mind you this is money making money.) I'd still have to set taxes aside to prevent owing taxes if I lost some, but once paid I could put that money back to use. I wonder if they'll extend the 0% capital gains.

I have 2 kids, moving to Palmas. Tons of kids and I got a nice house for 525k.

@HaydenBowles

Жыл бұрын

Palmas is a good area, 2 nice golf courses too. A bit isolated & far from the airport (only matters if you plan on coming in & out frequently). Very safe area

@DanBelsky_Health_Money_Love

7 ай бұрын

Living in Panama, Costa Rica and having experience with European countries as well, this is your best bet!! : PUERTO RICO everyone we meet here speaks fluent english and we live out of the capital!

Gentrifying PR and proud of it. Shameless.

@tharblin

3 ай бұрын

Wait a minute aren't there 5 million Puerto Ricans on the mainland driving up costs here? Am I wrong?

@TainaPR2024

Ай бұрын

@@tharblin How are people that aren't making the same money as white people driving up anything? Explain. And are you aware that Boricuas are in the USA because the USA has been trying to push us out of our own land? Good grief you're stupid. 🙄

Told my parents that I’m moving to Puerto Rico because of you. They thought I was joking. 😂 btw love those Bose QC45s (what I’m listening to you on right now)

@HaydenBowles

Жыл бұрын

PR is a unique place to be, that's for sure!

@TheNuclearBolton

Жыл бұрын

@@HaydenBowles Gotta love the Mosquitoes! They’re a great source of protein. I’ll lyk before I make the move to go down to PR. It’d be really fun.

Well I have a few friends who moved to PR and they moved back to the states. There is A LOT of animosity towards Americans from locals and its hard to argue where they come from. Beign white over there put a big target on your back and locals will come up with plenty creative ways to get money out of you even dangerous ones. Yes there are some neighborhoods that are nice but getting around to do stuff is just inconvenient. For vacation 100% to live all year long? Your mileage may vary quiet a lot.

@retrodripsupport7510

Жыл бұрын

Depends on where you are, if you're in an area like Palmas Del Mar you won't have any issues with locals. Maybe a few smug people but that's anywhere. I wouldn't wanna deal with the PR government tho that's for sure, that's where you get screwed.

@retrodripsupport7510

11 ай бұрын

@@nomorecat122 I'm sorry you're delusional, but your government has stolen your economy and sold it for pennies on the dollar to line their own pockets. They don't even own the damn roads. The whole reason this tax program exists is to cover for terrible policy decisions and corrupt politicians who create massive cost overruns to do any business in PR. Which of course limits job opportunities for PR residents. Unemployment rate is over 6% (probably higher). Use your brain and direct your anger at the real perpetrators of this problem. A few gringos spending money on the Island for a vacation are not your threat -- but keep wasting your time here bro i'm sure it will change something.

palmas is nice, go there every year. That's if you want quiet tho.

Hayden, take care of your knees! I only say this because I’m younger than you and am having major knee problems, I see you working out on Instagram and I don’t want anyone else to go through this

@phantomjosh2148

Жыл бұрын

I’m already 17 with knee problems bro

@henrycollins2478

Жыл бұрын

@@phantomjosh2148 I’m 17 too. It isn’t fun

@tharblin

3 ай бұрын

I just replaced one knee it's extremely painful but hopefully it works out I'm still only a few months out of the surgery but a lot of people swear by a mechanical knee It's definitely about 10 lb heavier than a normal knee I can feel the weight

W vid! Don't forget about the last giveaway tho...🙏

@HaydenBowles

Жыл бұрын

which? We do many, and always send out cash or trainings to the winner

@Shaqthehooper

Жыл бұрын

@@HaydenBowles The "No more Lamps" video I was the first to write "No more Lamps."

You're doing your best in this late stage capitalism era. Eventually there will be some sort of revolution to overthrow the bourgeoisie, when the proletariat get pushed too far. I for one welcome the coming revolution.

@TheSkilletGuy

Жыл бұрын

jesus bro

@retrodripsupport7510

Жыл бұрын

lmaooo PR has a 36% obesity rate there is no revolution coming go outside

@billcarson482

3 ай бұрын

Blah blah. Loser talk.

@tharblin

3 ай бұрын

How's that working out for Cuba?

@reversefulfillment9189

3 ай бұрын

@@tharblin Cuba produces the most doctors in the world, ask one of them at the next humanitarian emergency. And that's despite being next to a greedy colonizing nation fighting their success at every step.

hayden is THE goat.

The colonizers working hard at keeping our social disparities even more pronounced. Gringo, justice will come for you all choking our economy.

@billcarson482

3 ай бұрын

Make something of your life. Stop blaming others. Good advice for every person.

@billcarson482

3 ай бұрын

Also, don't be a bigot.

@tharblin

3 ай бұрын

So are you saying all the Puerto Ricans leave the mainland to reduce costs and rents here on the mainland?

@m.t1446

3 ай бұрын

@@tharblin Puertorricans don't impose new rent on states in the mainland. Rent is higher there. People from the mainland come to PR with their remote jobs. Do not do taxes at the island, don't contribute to the Island's economy as they shop in Walmart, Sam's, Cosco. The problem isn't moving to the island. Is creating a system where you don't acknowledge the local needs but, do grant people from the mainland more benefits. The US has us as a territory for this exact reason. Milking the economy dry until there's no locas left. Happened to Hawaii, it's happening in the other islands and y'all be calling yourself expats in Mexico ✌️

@m.t1446

3 ай бұрын

@@billcarson482 I'm not blaming other's, it's a fact. I'm a PhD student like belive me we will take back our Isla del encanto. Stop using god as a place holder to do bad by the common people. Pretty sure he didn't sent his son to die just so you can screw people over. Gringos and their entitlement. It's wild.

Hii,I want help please help me

Do not promote Puerto Rico in this way. Thanks to this, Puerto Ricans on the island are being affected economically.

@kimpeater1

5 ай бұрын

Yes money is coming into the island. It's pretty nice

@lizbethperez9978

5 ай бұрын

@@kimpeater1

@tharblin

3 ай бұрын

So if the gringos left Puerto Rico and then the Puerto Ricans left mainland USA you would have four to five million more people you'd have to house that are now in the United States mainland? Am I not correct?

@raymondfurgason8959

3 ай бұрын

In what “way”. He was being real, and said a lot of pros and cons. Smh

@lizbethperez9978

2 ай бұрын

@@tharblin You know, it would be fine if Puerto Ricans received the same tax benefits that gringos enjoy in Puerto Rico.

logan paul lives in puerto rico as well😂

all smart rich people move to places where there’s no taxes hmm interesting 😏

@HaydenBowles

Жыл бұрын

There’s a reason

@jaydencruz1121

Жыл бұрын

Stop moving to Puerto Rico all of you you leave

@DanBelsky_Health_Money_Love

7 ай бұрын

Living in Panama, Costa Rica and having experience with European countries as well, this is your best bet!! : PUERTO RICO everyone we meet here speaks fluent english and we live out of the capital!

@cristiangabrielfeliz6324

5 ай бұрын

@@jaydencruz1121right buddy good luck with that! lol

@kimpeater1

5 ай бұрын

NYC still has the most billionaires for a reason. Rich people move wherever they want and they can afford a high quality life. Puerto Rico is a Caribbean country, that has good and bad parts.

Very valuable advice. Thank you so much. Can I send you an email with some questions and proposals? Thank you so much in advance

Avoiding paying tax when wealthy when working people do pay and can’t afford to buy food or heat their homes is pretty disgusting. Shame on you. Pay your share.

@Woodward_Car_spotting

Жыл бұрын

Don’t be jealous you would do the same thing if you could. The government doesn’t need any of our money.

@dickytunes

Жыл бұрын

@@Woodward_Car_spotting if the government doesn’t need our money then why does tax exist? Here’s a clue. Infrastructure, healthcare, education, defence etc, etc.

@HaydenBowles

Жыл бұрын

Watch the video again. Tone deaf, you are only hearing what you want to

@dickytunes

Жыл бұрын

@@HaydenBowles Tone deaf? You're the one bragging about paying little or no tax. Pay your share and care.

@dboynette

Жыл бұрын

Hayden is providing info only, you do with it as you please, judgments are for those in a straight jacket. Btw he said he was paying a bundle of tax.