Transcription
Best assets for specific countries. Cypress Trust, USA LLC and credit cards. UAE good for crypto. You can buy houses, luxury cars, watches with crypto directly. Singapore banking, Georgia banking as well. And as you become more advanced, you can add some more extra things. So Paraguay driving license and residency. So it's important that you have a full list of this.
What is the best asset in each country? Here we're going to use the world alakart. We're going to take the best dishes that each part of the world has to offer. So we're going to give you some ideas of wins. So in case you travel as I say when you go to the country be like oh Mexico residency Panama bank account, you know, and that you see the world like that. This is an example of as you become more and more advanced, name of a country rings a bell with some of the assets. Some of these countries multiple things. For example, this is the difference between again, amateur, semi-professional, professional.
As you become more advanced in this geographic freedom name here, you can, for example, name one. But then if you know well the country, for example, Paraguay, think about driving licenses. Super easy to get. Super easy. And then I use them to rent cards in Spain. I don't use my Spanish driving license in Spain. I use my Paraguay one. Paraguay residency. Uh, Cypress Trust, USA LLC and credit cards. UAE, good for crypto. You can buy houses, luxury cars, watches with crypto directly. Singapore banking, Georgia banking as well, right? And as you become more advanced, you can add some more extra things. So, Paraguay, driving license and residency, Cyprus trust, and also tax residency. If you spend more than 60 days a year in there, you can be close to 0% in taxes. That's exactly what I did few years back. USA LLC, credit cards, etc. Some people also could get driving licenses in there. UAE also crypto, banking, all of these assets, but also residency in the UAE. You can get golden visa for 10 years in the UAE, you know, and Georgia, both banking and two, they are also a territorial tax system. So if somebody's willing to live in Georgia for more than 6 months a year, they could be tax free, you know.
So it's important that you have a full list of these. I think that at some, I mean, one, if you do it yourself, just go to the YouTube channel. It's available to everyone. It's public, and you're going to find a bunch of videos. Like I have Armenia, we talk about Mexico that it's not in this list, but residency or citizenship, you know, and there are countries that It's that that are worthless in terms of assets, just to reason. But in case of Dubai, we have crypto things that you want to buy, right? So, for example, another way to to cash out, right? That you were asking, you can buy something in crypto and then sell it because you can prove it, it's going to be legit in your bank account. So that's an easy one. Give a context. He was asking how is it possible to turn from crypto to dollars. You can do it buying an asset and then selling it, right? So you buy a watch in crypto. In Dubai, it's possible. You buy a Rolls-Royce if you want to even more money, and then you sell it to somebody else and pays you in US dollars. Also possible. Nothing against it, it's completely legal. It's buying and selling, right? Just buy and sell in different currencies according to what you need. So I would say go to Dubai and if you need some money, then use this. Just buy goods and sell goods and it's legal.
Another thing is residency as well, which is interesting if you want to become a 0% tax resident after spending 90 days in Dubai. However, you can't spend more than 6 months in any other country. So that's another thing. If you see some of these big headlines of go to Cyprus for 60 days, you're going to be tax free. But then the small letter says, well, but you can't live in the Netherlands for more than 6 months otherwise he's illegal, you know, or otherwise you can have problems with double tax treaty because the Netherlands will say no, you owe us money. You lived here like 10 months and the other is going to be no, but he lived here 2 months. Then you need to understand what are the tax treaties between two countries, right? But if you don't live in one place for more than 6 months a year, what's going to win? It's going to be where you have your paper tax residency. So, if you want this tailored to you, you want to book a time, a call with us, a discovery call, you can do so in the description down below.