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