Should You Renounce US Citizenship? (Tax and Visa Consequences) скачать в хорошем качестве

Should You Renounce US Citizenship? (Tax and Visa Consequences)

Become a Client: https://nomadcapitalist.com/apply/ Get our free Weekly Rundown newsletter and be the first to hear about breaking news and offers: https://nomadcapitalist.com/email Join us at Nomad Capitalist Live for four days of knowledge and networking open to all: https://nomadcapitalist.com/live/ In this video, Research Associate Javier Correa explains the tax, as well as visa, consequences of renouncing US citizenship. Javier explains under what circumstances the US exit tax is triggered and how it works. He also reveals what could preclude someone from getting a visa to return to the USA after renouncing citizenship. Additionally, Javier reveals circumstances that could pull an ex-citizen back into the US tax net. Furthermore, Javier addresses President-Elect Donald Trump's pledge to end "double taxation" on US expats, along with what tax changes could be coming and how that could impact a person considering renunciation. 00:00 Disclaimer and Key Renunciation Factors to Consider 01:15 US Citizenship-Based Taxation 03:30 Covered Expatriate Explanation—What Triggers the US Exit Tax? 04:52 How US Exit Tax Works—Deemed Disposition or Unrealized Capital Gains Tax 06:56 Exit Tax Exclusions and Exemptions 09:41 Passport and Visa Options for Returning to the US 13:07 How to Avoid Falling Back into US Tax Net—Substantial Presence Test 14:38 Tax Consequences of Renouncing with Retirement or Deferred Compensation Plans 19:58 Potential Changes to US Expat Taxes—Donald Trump's Pledge to End "Double Taxation" 23:56 Does Renunciation of US Citizenship Make Sense for You? Nomad Capitalist is the world's most sought-after expert on legal offshore tax planning, dual citizenship, and international asset protection. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best." Nomad Capitalist has served as the “architect” and “general contractor” for 1,500+ clients who wanted one company to manage their holistic plans. We help these clients keep more of their wealth, increase their personal freedom, and protect their families and wealth against current and future threats at home. Our in-house team of researchers, strategists, and executioners know more about these strategies than just about anyone. We’ve also spent more than a decade building a trusted network of attorneys, accountants, real estate agents, and others to assist our clients. As a result, our approach is not only holistic, but agnostic; we offer our clients advice on and options in 90+ countries, more than any other firm by far. If you’re looking to diversify internationally, whether for lower taxes or as a “Plan B”, trust the industry pioneers at Nomad Capitalist and our experience serving the needs of globally-minded entrepreneurs and investors.