Change country every 4-5 months in order to not pay taxes at all

[respect]

Hey,


I would like to know if this is an option to consider.


The thing is that most European countries have a rule that if you are more than half of the year living there, you must pay taxes on your salary.


So what about living 4-5 months in a different country and then change.


For example, this would be a year:


From January to April - Italy


From May to August - France


From September to December - Spain


Do you know if the US also applies this action?


Thanks

 

[pulledoffshore]

They apply this action as well as Europe does. You will need to figure out where you can live not more than 4 months at each place, this requires some ground breaking planning otherwise you will end up with a huge tax bill!


There are lot's of expats that are doing this, you will need to find a insurance company that will cover you in this case and the countries of your choice. Beside that it can be of benefit to safe up some money.

 

[JohnLocke]

Yes that is possible. Actually personally I have seen this be done by friends and also clients that want to avoid to pay tax at all circumstances. If you don't have family to take into account then I'm sure it is a great life style otherwise it seems to be impossible to live your live this way,

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[respect]

Great! As I don't have family right now and all I need is my computer and Internet access to make money, I think it's a good idea.

 

[Propeller]

Great! As I don't have family right now and all I need is my computer and Internet access to make money' date=' I think it's a good idea.[/quote']
Man I whish I would be in your shoes, it would be great to avoid to pay income tax and safe up money for later.
Click to expand...

 

[wonderwilly]

Man I whish I would be in your shoes, it would be great to avoid to pay income tax and safe up money for later.
Click to expand...

Indeed it seems to be a great and valid option to avoid to pay taxes!

 

[Lecitia]

Great! As I don't have family right now and all I need is my computer and Internet access to make money' date=' I think it's a good idea.[/quote']
This will perfectly work out for you.


Once you get a family, there will be a lot of committments!!!


make hay before the sun shines 🙂
Click to expand...

 

[goltmung]

That is pretty good idea. I seen many internet marketers travel all the time, seems that one of the benefit of that is not to pay taxes.


Still, I think it's better to stay in 1 place, and find proper solution for tax, you know, one day you will have family 🙂 .

 

[myhand]

It's not going to work for me... I have to much to consider where I live and can't live a live like this 🙁

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[freedomsurfer]

I've been traveling non-stop for years although not in Europe. To eliminate your tax burden, you need to do more than just move. For example, you need to move your tax residency/domicile to a low/zero tax country. Google the five flag theory if you want learn more.

 

[plood]

I've been traveling non-stop for years although not in Europe. To eliminate your tax burden' date=' you need to do more than just move. For example, you need to move your tax residency/domicile to a low/zero tax country. Google the five flag theory if you want learn more.[/quote']
Thanks for the hint, and you're doing it like that?
Click to expand...

 

[freedomsurfer]

Thanks for the hint, and you're doing it like that?
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Yes. My flags are all planted in different countries, strategically.

 

[doyouexist]

How do you managed to travel around and still keep your friends and family?

 

[clemens]

Traveling around that much don't leave much time for friends & family I think. Anyway, if it is for a short period of time it may be worth it.

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[cosmo]

Seems for me to be a complicated process doing it that way. However, wonder if there are other like freedomsurfer traveling round their whole life 😀

 

[footi gupt]

I am not sure. Who said you this.? Are you 100% sure.
I have been some time living in india for more then 2-3 years and i have heard that only you have to pay taxes if you have any income. There are different slab ranges.

 

[deadpool]

I cant

respect said:
Hey,


I would like to know if this is an option to consider.


The thing is that most European countries have a rule that if you are more than half of the year living there, you must pay taxes on your salary.


So what about living 4-5 months in a different country and then change.


For example, this would be a year:


From January to April - Italy


From May to August - France


From September to December - Spain


Do you know if the US also applies this action?


Thanks
Click to expand...

I cant help with the question. I just want to wish you luck on this amazingly tricky plan.

 

[Jack Dui]

This will not be a wise steps. Shifting country to country frequently, will cost you more, better you pay your tax😉

 

[myshufflemix]

I think it will cost more if you shift country every 5 months.

Do you have any plans where to stay in every country for 5-6 months?

 

[deadpool]

Jack Dui said:
This will not be a wise steps. Shifting country to country frequently, will cost you more, better you pay your tax😉
Click to expand...

Exactly my thoughts. OP would have truckload of logistics problem.