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In this video, Mr. Henderson reveals four strategies—one domestic and three offshore—that US citizens can implement to legally reduce or eliminate their taxes.

Mr. Henderson explains how US citizens can take advantage of tax deductions, Puerto Rico's Act 60, the Foreign Earned Income Exclusion and offshore corporate structures in order to potentially pay zero taxes. Additionally, he touches on the possibility of renouncing US citizenship, which allows individuals to fully escape the US tax net.

00:00 Misconceptions About US Citizenship-Based Taxation and Offshore Strategies
03:51 Domestic Tax Deductions in the US—Inorganic Way to Lower Taxes
05:08 Three Offshore Strategies for US Entrepreneurs and Investors to Eliminate Taxes
07:22 Puerto Rico—Act 60 Requirements and Tax-Free Passive Income
09:29 Move Overseas—How Entrepreneurs Can Use the Foreign Earned Income Exclusion
17:42 How US Entrepreneurs Can Avoid GILTI and Pay 0% Tax
18:35 Taking Money Out of Foreign Corporations and Tax Complications for US Expats
21:34 Second Passports, Renouncing US Citizenship and Taking Control of Your Life

Nomad Capitalist helps clients "go where you're treated best". We are the world's most sought-after firm for offshore tax planning, dual citizenship, and international diversification and asset protection. We use legal and ethical strategies and work exclusively with seven- and eight-figure entrepreneurs and investors.

We create and execute holistic, multi-jurisdictional Plans that help clients keep more of their wealth, increase their personal freedom, and protect their families and wealth against threats in their home country.

No other firm offers clients access to more potential options to relocate to, bank in, or become a citizen of. Because we do not focus only on one or a handful of countries, we can offer unbiased advice where others can't.

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DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.