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dlukton
Nomad Capitalist
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Comments by "dlukton" (@dlukton) on "Six Tax Friendly Caribbean Islands" video.
Roger Ver has said that a lot of merchants in that country accept bitcoin cash... which could be a way for people to avoid having to sell crypto for fiat; they can just use the crypto directly.
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If I'm not mistaken, the government of Antigua & Barbuda offers an option to residents whereby they can be granted tax residency... and yet only have to spend a mere 30 days per year on the island. (Of course, those who avail themselves of this option must take steps to avoid becoming tax-resident somewhere else).
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@KJ-bc3de If you spend only 30 days per year in St. Kitts, the government of that country will not grant you tax residency status. But in any case, as I wrote in my comment above: "those who avail themselves of this option must take steps to avoid becoming tax-resident somewhere else" So a person could get tax residency in Antigua after only 30 days residency (if he meets certain other conditions that are set forth by the government of that country); and if he's willing to lead a nomadic life, he could... if he wanted to.... spend a lot of time in high-tax countries (e.g., Spain & France) without paying any income tax. [Again, I not saying that avoidance of tax is automatic; it only happens as a result of knowledge of steps that have to be taken to avoid becoming tax resident in each country that the person is staying in].
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