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Guide to citizenship, residency and taxation for financial independence and early retirement

Автор: The FIREd Couple

Загружено: 2024-02-01

Просмотров: 4392

Описание: In this video, I give an overview of citizenship, residency and taxation as they are important factors that can affect one’s ability to achieve financial independence and retire early (FIRE). By choosing a country or a region that offers favourable tax rates, low cost of living, high quality of life and access to investment opportunities, one can optimize their income and savings, and reduce their expenses and liabilities.

I'd love to hear your thoughts and experiences in the comments below. Have you found your balance on the path to financial independence? Share your stories and questions.

In this video, you will find:
00:00 - Introduction
1:11 - 3 levers to accelerate the F.I.R.E journey
1:52 - Citizenship
4:22 - Residency
8:22 - Taxation
15:27 - Summary

👍 Like, Share, and Subscribe:
If you found this video valuable, please give it a thumbs up, share it with your friends, and subscribe to our channel for more financial insights and discussions.

Thank you for watching, and I look forward to connecting with you in the comments!

🎧 Our Previous Videos

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   • Transform Your Finances With Passive Incom...  
👉 The ‘Safe Withdrawal Rate’ of 4% Rule for FIRE | 4% Rule Explained
   • Will You Run Out of Money in Retirement?  
👉 7 habits that helped us become wealthy
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👉 3 types of FIRE - Your Path to Financial Independence
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👉 The Bucket Strategy - distributing your investment risks over time
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👉 5 steps to becoming wealthy
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👉 Money can be earned, time cannot! | The types of years in our lives    • Money can be earned, time cannot! | The ty...  
👉How your relationships can impact your financial independence.    • How your relationships can impact your fin...  
👉FIRE - Financial Independence, Retire Early & Why It's A Must | A Step By Step Journey    • FIRE - Financial Independence, Retire Earl...  
👉What is the difference between being rich and being wealthy?
   • Looking poor is the new wealthy  

Stay connected for more financial wisdom, adventures, and inspiring stories!
Read Our Blogs - https://usethefireexit.com/
💎 Instagram:   / thefiredcouple  
💎 Facebook:   / 61550301136359  

About Us: We both hail from a humble middle-class background, raised by our parents to value education, have a hard work ethic and remain grounded. These values helped us to have a solid 25-year career in some of the reputed global organizations. Must say we were also fortunate that we were able to ride the wave of the emerging Indian IT industry and opening up of the Indian economy. This opened the doors for us to work in different parts of the world. Here we were – the son of a farmer and the daughter of a public sector bank manager – living and working in Japan, UK, US, Europe and Singapore. Never did we both ever imagine of such an enriching professional and personal experience, while also building our financial independence.
Now that we both have retired early, we want to raise awareness on the importance of savings, investing and the overall path to financial independence (retiring early is an option … financial independence is a must!)

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Guide to citizenship, residency and taxation for financial independence and early retirement

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