As you might have heard, taxes are going up.Â
And not just in the United States, but in other countries as they, too, fight ballooning deficits and sovereign debt. To top it off, US Treasury Secretary Janet Yellen is circling the wagons, pushing a global minimum corporate tax rate.
And as you also might have heard… lockdowns are happening again.
People are again considering moving -- whether it be from an urban area to rural one… or to a completely different country. It makes sense under such a scenario to reduce your expenses (and, if possible, legally reduce the amount of taxes you owe).
We’ll soon be releasing a Monthly Letter discussing the various factors you might ponder when considering a move abroad. In the meantime, though, here’s a place to consider…
Tbilisi, Georgia.
Most of you have never been there. But Tbilisi is fast becoming an appealing place for digital nomads and other freelancers in particular because of its low-cost, low-tax lifestyle.
It also has remained relatively free (especially for a city) during the Great Awful, and it offers a number of positives during a time of uncertainty. A good friend of Sovereign Man’s moved there before the pandemic, and in this Sovereign Man: Confidential Case Study, we give you his feedback on finding low-cost liberty in the former USSR.
Perhaps it will give you some ideas to think about… and a place to consider if you’re feeling squeezed.
And not just in the United States, but in other countries as they, too, fight ballooning deficits and sovereign debt. To top it off, US Treasury Secretary Janet Yellen is circling the wagons, pushing a global minimum corporate tax rate.
And as you also might have heard… lockdowns are happening again.
People are again considering moving -- whether it be from an urban area to rural one… or to a completely different country. It makes sense under such a scenario to reduce your expenses (and, if possible, legally reduce the amount of taxes you owe).
We’ll soon be releasing a Monthly Letter discussing the various factors you might ponder when considering a move abroad. In the meantime, though, here’s a place to consider…
Tbilisi, Georgia.
Most of you have never been there. But Tbilisi is fast becoming an appealing place for digital nomads and other freelancers in particular because of its low-cost, low-tax lifestyle.
It also has remained relatively free (especially for a city) during the Great Awful, and it offers a number of positives during a time of uncertainty. A good friend of Sovereign Man’s moved there before the pandemic, and in this Sovereign Man: Confidential Case Study, we give you his feedback on finding low-cost liberty in the former USSR.
Perhaps it will give you some ideas to think about… and a place to consider if you’re feeling squeezed.
As you might have heard, taxes are going up. And not just in the United States, but in other countries as they, too, fight ballooning deficits and sovereign debt. To top it off, US Treasury Secretary Janet Yellen is circling the wagons, pushing a global minimum corporate tax rate. And as you also might have…
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