Puerto Rico Is the ultimate exit plan.

[The man in the mountainParticipant 4102]

I will lay out a few things for the brothers that need help getting a second passport and to prepare financially for a SHTF scenario, there’s a couple of items that you need to study and find out for yourselves but we are all men so we can be pretty resourceful.

The first important thing is the 2nd citizenship.

Puerto Rico offers certificates of Puerto Rican citizenship if you qualify and meet one of these 3 requirements:
#1 Lived in Puerto Rico for a full year.

#2 Having Puerto Rican Parents.

#3 being born there.

With this certificate you cannot get a passport but you can apply for a visa to Spain and all you have to do is live in Spain for 2 years to get that citizenship and passport, giving you access to a lot of countries including the European Union.

The next thing we need to become aware of is Act 20/22 that was made legal by the Puerto Rican government, allowing you to move your business HQ to Puerto Rico and with a few requirements you will NOT pay a lot of the taxes that you normally WOULD if you were in a regular state in the union, also you can become a BONAFIDE resident and you don’t have to file tax returns to the U.S. government, you will pay your taxes to the island of Puerto Rico and all the money that goes to your benefits will be credited actually the same as if you were in a normal state.

All Puerto Rican entities and business are treated as foreign by the United States government and making the move there is perfectly legal and ethical if you are planning to save and hopefully move to Europe as the end goal.

Even though Spanish might sound like a barrier or hassle of a language to learn, In that island there’s plenty of people that speak English as well including in the government.

[TaxGuyParticipant]

Puerto Rico is on my short list of places to visit. As a US citizen I’m curious about living there when I retire. At least for a while. I would hope as they rebuild that the newer construction will be better suited to standing up to a hurricane. 4-5 years from now could actually be a good time to acquire a property.

Order the good wine

[The man in the mountainParticipant 4102]

TaxGuy wrote:

Puerto Rico is on my short list of places to visit. As a US citizen I’m curious about living there when I retire. At least for a while. I would hope as they rebuild that the newer construction will be better suited to standing up to a hurricane. 4-5 years from now could actually be a good time to acquire a property.

Hurricanes are only a problem mostly if you live in a makeshift house or the first floor, if you are THAT worried about your life you can move to the Dominican Republic for the summer so you can avoid direct collision with the hurricanes during hurricane season, and because you live in Puerto Rico You answer to them about any tax obligations and not the US government, basically a win win.

You can make your transition to Europe safely, contrary to popular belief i have lived in both islands and i am still alive! 16 years and counting… Good luck brothers, Make sure to buy a nice condo that is on the 3rd or 4th floor and pop a bottle of wine on my name f~~~ers!.

[The man in the mountainParticipant 4102]

TaxGuy wrote:

Puerto Rico is on my short list of places to visit. As a US citizen I’m curious about living there when I retire. At least for a while. I would hope as they rebuild that the newer construction will be better suited to standing up to a hurricane. 4-5 years from now could actually be a good time to acquire a property.

[iMickey503Participant 12465]

Whatever you do, make sure you protect you money. PERIOD!

Move do whatever you need to do. BUT NEVER GIVE UP YOUR FREEDOM!

You are all alone. If you have been falsely accused of RAPE, DV, PLEASE let all men know about the people who did this. http://register-her.net/web/guest/home

[SH3LLZParticipant 5569]

Nope. My Lord told me, “FLEE TO THE MOUNTAINS”. Im heading to British Columbia next year. Im DONE. Snowboard strapped to my back. Good Bye North East USA. F~~~ YOU! Im OUT!!!

#ICETHEMOUT!!! #MANOUT!!! #HIDEYOURWEALTH #VAGINAISWORTHLESS

[bstoffParticipant 4873]

I’m looking at rural Philippines and Belize for starters

[JB BooksParticipant 3182]

P.R., I dunno. Got at least three other places on my list if living in the States isn’t working (primarily for economic reasons): Philippines, Ecuador, and Malta (although Malta isn’t cheap).

We just don't realize life's most significant events while they're happening. Back then, I thought, "Well, there'll be other days". I didn't realize that that was the only day. - "Moonlight" Graham

[MonkParticipant 17026]

If you are young and fit , or perhaps older with some capital, then Russia is a possibility. The government is giving land away in Siberia.

Many South African farmers fleeing persecution are already making arrangements to move there.

[Dark KenshiParticipant 2132]

The ultimate plan is to move to Brazil.

You get the same you have in Puerto Rico, with the adding benefit of no hurricanes, no floods, no tsunamis.
If you live in rural towns or in farms here in Brazil, you ahve a nice tax cut.
If you come to Brazil to be a farmer, you can get citizenship on the fast lane.

Plus, most of people in Southern Brazil are descendants of Europeans, and their lifestyle is pretty much the same as in Europe, but 30 years ago.
English is spoken in many places, and Spanish is understood anywhere, because Portuguese and Spanish are pretty close.

20 acres of land, for as cheap as 15k USD? They got it.
Good, warm and rainy summer, to plant your crops? They got it.
Cold, dry winters great to plant some grapes and any and all hops to make beer and wine? They got it.

Also, rural towns in Brazil have zero violence.

"Young was I once, I walked alone, and bewildered seemed in the way; then I found me another and rich I thought me, for man is the joy of man." Odin, Hàvamàl, stanza 47.

[The man in the mountainParticipant 4102]

Dark Kenshi wrote:

The ultimate plan is to move to Brazil.
You get the same you have in Puerto Rico, with the adding benefit of no hurricanes, no floods, no tsunamis.If you live in rural towns or in farms here in Brazil, you ahve a nice tax cut.If you come to Brazil to be a farmer, you can get citizenship on the fast lane.
Plus, most of people in Southern Brazil are descendants of Europeans, and their lifestyle is pretty much the same as in Europe, but 30 years ago.English is spoken in many places, and Spanish is understood anywhere, because Portuguese and Spanish are pretty close.
20 acres of land, for as cheap as 15k USD? They got it.Good, warm and rainy summer, to plant your crops? They got it.Cold, dry winters great to plant some grapes and any and all hops to make beer and wine? They got it.
Also, rural towns in Brazil have zero violence.

The only problem is FATCA and its tax implications world wide, the US government passed this law in 2010 to tax all US citizens abroad, Puerto Rico can help you avoid that for a while until you move to Spain, since Spain is part of Europe you can afford to save money, continue to file your taxes complying with the law and eventually get a 2nd citizenship so you can renounce your U.S. one if you choose to.

I called Puerto Rico the best exit strategy as of now because it is if you want to save money on your taxes, you have a business already and you want to exit the matrix before the impending collapse everyone is forecasting, Spanish passport is just as good as the highly sought after Italian one, very few countries will even ask you for a visa and it doesn’t have global taxes.

Another great thing about this plan is that, to get Spanish citizenship you normally would have to live 10 years in Spain to even get a chance to apply for it, but with the certificate of Puerto Rican citizenship you can reduce that time to 2 years and this is because Puerto Rico was a colony of Spain at one point in the Spanish/American war.

[iMickey503Participant 12465]

SH3LLZ wrote:

Nope. My Lord told me, “FLEE TO THE MOUNTAINS”. Im heading to British Columbia next year. Im DONE. Snowboard strapped to my back. Good Bye North East USA. F~~~ YOU! Im OUT!!!

Easiest game of Where’s waldo EVER 🙂

You are all alone. If you have been falsely accused of RAPE, DV, PLEASE let all men know about the people who did this. http://register-her.net/web/guest/home

[Dark KenshiParticipant 2132]

The man in the mountain wrote:

The only problem is FATCA and its tax implications world wide, the US government passed this law in 2010 to tax all US citizens abroad (…).

Brazil don’t care, mate. If you don’t file the docs, nobody will come and demand you to do it. Pay the Brazilian taxes, and you will be fine. Hell, If you don’t even pay THEIR taxes, you can pay them with a discount, after a few years.

Brazil is a very nationalist country. Foreign law need not apply. FATCA is completely ignored there, not only for US citizens, but for any and all foregin citizens. If you pay Brazilian taxes, you are exempted, by the Brazilian government, to pay any other countries taxes.

Also, check the IRS about FATCA. If you live in Puerto Rico, you have to pay it.
Ad Verbatim: “A nonresident alien who is a bona fide resident of American Samoa or Puerto Rico (See Pub. 570 for definition of a bona fide resident)”

That is why I am telling you, bro… Brazil is the way to go.

"Young was I once, I walked alone, and bewildered seemed in the way; then I found me another and rich I thought me, for man is the joy of man." Odin, Hàvamàl, stanza 47.

[TaxGuyParticipant]

The man in the mountain wrote:

The only problem is FATCA and its tax implications world wide, the US government passed this law in 2010 to tax all US citizens abroad, Puerto Rico can help you avoid that for a while until you move to Spain, since Spain is part of Europe you can afford to save money, continue to file your taxes complying with the law and eventually get a 2nd citizenship so you can renounce your U.S. one if you choose to.

One thing to note about living abroad and paying US taxes. If you live in the foreign country for more than half the year then you get a big income exclusion. I haven’t done taxes for expats for over 20 years so I don’t know the exact numbers, but it’s around $100k per year. In it’s simplest terms it works like this:

You pay whatever foreign taxes you owe on your earnings
The first $100k or so you earn isn’t taxed in the US
Anything over $100k is only taxed if the US tax is higher than the foreign tax, and only to the extent it’s higher. So if the US tax is 30% for income over $100k and the foreign country is 25%, you pay the 25% to the foreign country and the 5% to the US.

Now it’s the IRS so of course it’s not THAT simple. But that’s the concept.

Order the good wine

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