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Halls of Shrewd'm / US Policy
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Author: Said   😊 😞
Number: of 48459 
Subject: Re: OT: Tax-free living: Monaco or Beaches?
Date: 02/03/2025 8:06 PM
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Depending on how rich you are, the Italian scheme is nice.
If we are onto that, let me advertise New Zealand (NZ), a country I love but is poor and could use a handful of wealthy Berkshire immigrants boosting the local economy.

Officially there is no capital gains tax in NZ. In practice that's bullshit as only capital gains from NZ or Australian stocks are tax free, but from all other stocks are taxed.

But: The first 4 years after immigration there is no tax on any foreign income at all.

Italian food
I don't want to comment on the food (I love Thai food, and NZ is, well, British (ok, one can survive on fish&chips)), but therefore "we" have the most amazing landscapes all together in a compact format.


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