Having business partners means your offshore company may require a higher level of planning.
It's a lot easier if your business partner is willing to go offshore with you.
But if your business partner "was born in the US and will die in the US", you have more planning to do to ensure you can enjoy tax benefits and asset protection without compromising your business.
Offshore companies offer a lot of benefits, but not for people who don't change anything. If your business partner isn't on the same page with you, it doesn't mean you can't go offshore... it just means you need to be especially careful of things like PEs, CFCs, and a whole alphabet soup of tax issues.
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ABOUT NOMAD CAPITALIST
Andrew Henderson is the world's most sought-after consultant on legal offshore tax reduction, investment immigration, and global citizenship. He works exclusively with six- and seven-figure entrepreneurs and investors who want to "go where they're treated best".
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Andrew has spent the last 11 years studying and personally implementing the Nomad Capitalist lifestyle, and has started offshore companies, opened offshore bank accounts, obtained multiple second passports, and purchased real estate in a total of 20 countries.
He has also spent years creating a behavior-based system that helps people get the results they want faster and with less resistance. Andrew believes that everyone can use offshore strategies to keep more of their own money, live a life of freedom, and grow their wealth faster.
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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.
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