Nomad Capitalist Audio Experience

How to Live in Latin America and Pay Almost Zero Taxes

Jan 17, 2025
Explore the tax-friendly landscape of Latin America that offers opportunities for entrepreneurs. Discover countries like Colombia and Uruguay, where strategic tax planning can lead to low or zero taxes. Learn about the nomadic lifestyle and the perks of living in Paraguay. The discussion also highlights the use of offshore companies to optimize tax liabilities and the complexities of banking in the region. Finally, find out how personal taxation influences corporate taxes across various countries.
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ADVICE

Latin America Time Zone and Taxes

  • Consider Latin America if you prioritize time zone proximity to North America.
  • However, be aware of high tax rates if you plan to reside in just one country.
ADVICE

Chile's Tax Exemption

  • Look beyond headline tax rates; Chile offers multi-year tax exemptions for foreigners.
  • Strategically time your stay with potential citizenship applications and tax exemptions.
ADVICE

Colombia Part-Time Residency

  • Avoid full-time Colombian tax residency if you are concerned about high taxes.
  • Maintain a part-time presence to contribute to the economy without triggering full tax liability.
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