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Offshore Tax Havens to AVOID and Better Alternatives for Your Business [Video]

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Company Formation

Offshore Tax Havens to AVOID and Better Alternatives for Your Business

βœ… Company Formation In All 50 States: https://businessanywhere.io/business-registration/

In this video, Bobby is discussing offshore tax havens to AVOID, as well as some better options for offshore business structures.

He explains that Belize, Panama, and Nevis are generally not good choices, as they can create banking and payment processing issues.

Instead, he recommends the British Overseas Territories like Anguilla, Cayman Islands, and Gibraltar, as they have British oversight and are considered cleaner jurisdictions.

However, he notes that even these options come with challenges like expensive banking and payment processing.

Bobby also touches on the tax implications of residency in Costa Rica, and how a holding company structure can help mitigate those.

What are your thoughts on offshore business structures and tax planning? Let me know in the comments!

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Legal Disclaimer: The content on this YouTube channel is for informational purposes only and does not constitute legal or tax advice. We strive for accuracy, but laws and regulations are subject to change, and we cannot guarantee the relevance or accuracy of the content. Consult a qualified attorney or tax advisor for advice tailored to your specific circumstances.

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