Comments by "Fumble_ Brewski" (@fumble_brewski5410) on "Nomad Capitalist"
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Individuals, be it tax residents (who spend 183 days per year in Antigua) or non-resident citizens, are exempt from any type of tax on their income no matter how much money they make. The inland revenue department and the government of Antigua and Barbuda do not impose any capital gains tax, wealth tax, inheritance, or withholding tax on individuals.
A person maintaining residency in Antigua and Barbuda is, of course, subject to some other indirect taxes. Antigua & Barbuda sales tax (ABST) on goods and services, for example, is an indirect tax that a business must pay which affects individuals. ABST has a flat rate of 15%, and as most goods and services are taxable under ABST, individuals will see that tax mirrored in the pricing of the supplies or services they are buying. Antiguan resident citizens do not have to register or pay any taxes on interest, dividends, royalties, or fees for registered technical services.
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@souqsayara7644 Have you ever actually lived in the USA? If not, then you're talking out of school. Having lived here my entire life, I feel that I've been treated quite well, both by my state government, as well as by the federal government. My taxes at all levels are quite low and I've always been able to afford a reasonably priced home in which to live and raise a family. Is the USA perfect? Far from it, but what place is? There is a reason why that, in 2020 alone, the United States granted 707,362 people lawful permanent resident status (not counting the large number of illegals from Mexico, etc.) And that reason includes: economic opportunity, security, freedom of conscience/religion, and the rule of law. If the USA isn't your cup of tea, then by all means find a country that meets your requirements. Cheers and long life, my friend.
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Hope those "big changes" don't include relocating to Florida or Texas. No state income tax in either place, but, booooy do they hammer you on sales, property and other taxes. I have a family member that lives in Austin, TX and he's paying around $600/month on property taxes, around $400/month for utilities, plus his location is subject to an 8.25% sales tax. Florida isn't quite as bad with sales tax (7%), but south Florida has some of the highest priced real estate in the country, with property taxes to match. If you can tolerate some colder weather, I'd recommend (ID, MT, or WY). Smaller, less intrusive state govts, modest taxes and far less crowded. Cheers.
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The UAE/Dubai continue to commit serious human rights violations, including arbitrary detention, cruel and inhuman treatment of detainees, suppression of freedom of expression, and violation of the right to privacy. The United Arab Emirates (UAE) continue to deprive stateless individuals of the right to nationality, impacting their access to a range of services. According to Human Rights Watch, the UAE detains those who criticize authorities, including hundreds of activists and academics, and Emirati laws discriminate against women, migrants and LGBT individuals. Flogging and stoning are legal forms of judicial punishment in the UAE due to Sharia courts. As a result, the UAE routinely ranks near the bottom of many international measures for human rights and press freedom. It depends on how one defines the word "safety."
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In case you're unaware, the nation of Georgia (not the U.S. state of the same name) shares a rather long, tenuous and disputed border with its northern neighbor, Russia. Russia's military support and subsequent recognition of the breakaway provinces of Abkhazia and South Ossetia in 2008 continue to sour relations with Georgia. In fact, there are still Russian troops stationed in both of these areas. If Putin didn't hesitate to invade the Ukraine, a huge nation the size of Texas with nearly 44 million people, what makes you think that he wouldn't do the same with a tiny nation like Georgia, with less than 5 million people?
I'd consider an area farther removed from the Caucasus, Portugal, for example. Or even better, Mexico. Cheers.
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