Is California the Best Place to Build Wealth? (My Most Honest Answer)

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Is California the best place to build wealth?

One of our ideas here at Nomad Capitalist is that if you've already built wealth, you don't need to stay in California or other places with less freedom, higher taxes, and more regulations. In this video, Andrew explains why California is not the best place to build wealth, and you can find much better places.

00:00 Start
0:34 Comment from YouTube
1:20 The Best Big Cities for Families to Build Wealth
5:20 Living in California
6:50 Tax-Friendly Countries
7:45 Living in Armenia
8:10 Living in Dubai
10:23 Doing Business in the United States

Andrew Henderson and the Nomad Capitalist team are the world's most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best".

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Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle.

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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.