Many people around the world who are looking for different homes in different countries want the chance to be able to live somewhere without having to worry about paying taxes. This is a vast difference from many other places in the world and is something that is the top of many expats’ lists but it is also something that they should be taking very seriously when they are looking for a home in a different country. Just because somewhere has a no-tax lifestyle, does not mean that they will be living the high life or will get to keep all of the money that they make.
New Zealand has recently come up in the news of no-tax areas and this is because of a few articles that were published about the country. The articles and blogs talked about how people do not have to pay taxes in the country and about how they simply do not have to worry about the taxes that they may have to pay because they are so low. This could not be further from the truth and is something that is actually hurting New Zealand, the people who live there and the people who are going to live there in the future.
The country does have taxes. It has a relatively high tax bracket and the percentages are on-par with what expats would pay in other countries. While they are not as high as some countries, they do impose on some of the income and the property that people have in their possession. New Zealand is not a tax-free place and should not be treated as a tax-free place because there are taxes there that people do have to pay on a regular basis whether on their income, their property or their things that they own.
Geoffrey Cone always suggests that people look at the list of no-tax countries before they make the decision to move to any foreign country. He wants to make sure that people know their options for living without taxes and that they can live places without ever having to pay a single cent in taxes. He also wants to make it clear that New Zealand is not the place to go for people who want to live tax-free or who want to have greatly reduced amounts of taxes that they pay on their income or property.
Cone is an expert at tax-free living. Not only does he live in a country without taxes but he also works as an attorney to help people who are moving to these places. As a global attorney, Geoffrey Cone is able to give information to people who are considering moving countries or who want to live somewhere else. He wants people to know that they do have options when it comes to where they live. He also wants people to be informed about the different aspects of living in a different country and in a place that is considered to be a country without taxes. Learn more: http://www.conemarshall.com/cone-marshall-offices.html
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