Moving A U.S. Based Amazon/Ecommerce Business Offshore

[Tomas]

I am exploring methods and processes to transfer a U.S. based Amazon/Ecommerce business offshore to increase profitability and achieve maximum tax savings. We have about 8 years until retirement age and we are trying to get ready early. We are already investigating a number of Caribbean countries to make our new home. We are also ready to renunciate our U.S. citizenship to achieve the greatest benefit(s) possible.
I am looking for an established service provider that has verifiable experience guiding us through the process to avoid (not evade) taxes and penalties while achieving our goal.
I appreciate your input in advance.

 

[AMD]

speak with the guy @Gediminas and his banks - he is one of the best.‌

so wait for replies from @Sols and famous @Martin Everson they may be good in‍ telling you what the others don't tell 🙂

 

[CaptK]

Even if you move offshore Uncle Sam will still take his WHT from Amazon directly?‌
If it is from profit you cant do any of that until you renounce your‍ citizenship. IRS will chase you wherever you are, they have the muscle.

 

[Tomas]

I get it. The point of my original post is to identify the⁠ process to transfer the Amazon business offshore, i.e. HK based that would eventually include⁤ renouncing our U.S. citizenship.

 

[CaptK]

Renounce first then move it.

Do not try and move it before you release your‌ obligations to Uncle Sam.

 

[CyberCommander]

A lot of peoples from the US move⁠ to switzerland, give up their passport and aspire to Swiss citizenship. And yes listen what⁤ CapK says, pay all obligation taxes in the USA!

 

[Panama]

I am in the same boat, but I am Canadian. Have you moved your︁ business outside? Which country did you choose for business relocation?