Comments by "Matthew Nirenberg" (@matthewnirenberg) on "Leaving the USA Isn't THAT Bad" video.

You can't NOT have a "habitual abode" (primary residence) - tax residency requires one. Once tax residency is set how you want all you do is maintain that tax residency (avoiding becoming tax resident elsewhere) and then travel / holiday as you wish and when in a place you can legally work, you work. Inheritance of money/wealth is generally handled by where you're tax resident, property is handled where it exists and most countries will let a direct descendant inherit property without taxing it, then its the usual stuff to keep the property such as rates/land tax, utilities, etc. Simple!
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@28Seconds-ld6cp That's what used to be possible pre-2014, but 100% impossible since. Literally every country has the law (since 2014) that if you claim to have no tax residence, then you're automatically tax resident in their country - i.e. you automatically have a tax residency. The reality is you MUST have a tax residence in this modern era. The smart people have tax residence in 0% PIT countries and then live flag theory or "holiday" everywhere ensuring that they don't fall into other tax systems. To do literally anything including banking, investing, buying property, getting a licence, etc. you MUST have a tax residency.
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@Louise-pe1un Nope - he has set his tax residency (i.e. picked his habitual abode). What he does after that is holiday around ensuring that he doesn't enter tax systems that he doesn't want to be in, thus ensuring his situation remains unchanged but still moving around. When it comes to taxes being disputed between countries, they either split them or make you pay the highest possible.
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@28Seconds-ld6cp Everything you described, only applies to people who either aren't in a tax system or who are tourists. The 'days' test is only one of many (commonly 5 tests) used. Even in Asia and all tax havens, there are several tests: * Habitual Abode / Domicile * Days Spent / Resides * In A Tax System? * Commercial Interests / Investment Interests As you mentioned some countries have other rules as well, but these are the basics. You are confusing the "rules for tourists" / those not in the countries tax system with the ones for full tax residency, Nomad Capitalist has multiple videos explaining this and why its no longer possible to be "tax resident nowhere". Simply put, spend 45 or more days a year as a tourist in Mexico and you'll be paying full Mexican taxes. Spend 250 days in the EU and as long as its not a common thing (i.e. a one off) they'll look at the entire situation BUT you'll need a tax lawyer to explain how you didn't fall into their tax system and that you are paying high taxes elsewhere (if not then you'll be paying their taxes or suffer EU tax withholding). The fact is, you HAVE to be paying taxes somewhere, otherwise the country you go to with the highest taxes will automatically declare you to be tax resident. Is it fair? Nope. Is it law? Yep. Even in Asia they enforce this as they are in on the whole "you must pay tax somewhere". The solution: Ensure your tax residency is in a 0% PIT country and then travel in a way that ensures that you don't get trapped into another tax system.
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