Why Latin America is “Tax Hell”

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In this video, we tackle the myth that Americans are unable to bank internationally. We debunk this misconception by exploring the realities of global banking options for U.S. citizens, discussing how they can successfully manage international accounts with the right strategies and resources.

00:00 Start
00:37 Criteria for Tax Hell
01:04 Countries Improving
01:25 Issue in the Tax Hell Definition
04:11 List of Tax Hells
05:34 Countries with Favorable Tax Regimes
06:42 Uruguay’s Tax Policies
07:15 Panama’s Territorial Tax Regime
11:50 Comparison to Emerging Asia

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.