I spent the last 46 days on the "Tax Free"Island of Puerto Rico. This is what happened, my experience, the tax benefits and living costs of Puerto Rico. – Instagram: @EcomSeason
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__________________________________________________________________________ 46 Days On A TAX FREE Island Today I share my experience after spending the last 46 days in Puerto Rico, which is known to be the "tax free" island. While the taxes are not quite 0%, there are some MASSIVE tax benefits to living here as a business owner. In this video I explain the program I am in, how it works and what my tax bill looks like. I also explain why Logan Paul is moving to Puerto Rico, and many people are leaving California for tax reasons. Joe Rogan has done this as well by moving to Texas. Apart from the Puerto Rico tax benefits, we also cover the Puerto Rico living costs. Unfortunately it is not a very cheap place to live if you want to be in a central area. You definitely don't need to spend as much as I did, but your average good 2 bedroom apartment will probably start off around $2,500+ per month, and increase quickly especially if you are near the beach (I am on it). So these are strategies you can use to save money on taxes legally! Take advantage of different programs like this to keep more money inside your business. Drop a LIKE if you enjoyed the video!
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*Disclaimer* I am not in any way a certified financial advisor, nor do I pretend to be one. Any information or advice I give you on any social media platform is simply my opinion based on my own own experience and research. There is no guarantee on anything due to the fact that there are many variables in your success.