978: Why I Left the USA, Part 4, For Me
Radical Personal Finance
Joshua J. Sheats, MSFS, CFP, CLU, ChFC, CASL, RHU, REBC, CAP
4.2 • 1.9K Ratings
🗓️ 16 November 2023
⏱️ 55 minutes
🧾️ Download transcript
Summary
I've been releasing this series as part of my promotion for my forthcoming event in Panama. Come hang out with me and make your own International Plan! https://expatmoney.com/radical
Or buy my course and just do it yourself: http://www.internationalescapeplan.com
Transcript
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| 0:00.0 | Welcome to Radical Personal Finance, a show dedicated to providing you with the knowledge, skills, |
| 0:03.2 | insight and encouragement you need to live a rich and meaningful life now, while building a plan for |
| 0:07.5 | financial freedom in 10 years or less. |
| 0:09.5 | My name is Joshua Sheets, I'm your host and on today's podcast, I'm going to round out my series on why I left the USA. |
| 0:16.8 | I've shared with you some of the reasons that many people leave that weren't my reasons. |
| 0:20.7 | I shared with you that it's fun to go and have an adventure and face challenges |
| 0:25.2 | around the world. Number two, I shared with you some of the things that I wanted to protect |
| 0:29.5 | my children from. And in today's podcast, I'm going to share with you my most important reason |
| 0:34.5 | for me personally and also share with you my thinking or my reasoning on it. I |
| 0:40.8 | think you'll find it interesting if you are one who thinks about things like |
| 0:45.2 | living with integrity etc and if you're one of those people who enjoys a little bit of |
| 0:49.6 | philosophy and just basically considering how you can live a life of integrity and a world |
| 0:55.8 | full of difficult situations. Quite simply the reason that I left or a reason that I |
| 1:01.3 | left a very important reason that I left, a very important reason that I left, was to be able to not owe the US government taxes. |
| 1:08.0 | Now that's not a surprise in the internationalization space. |
| 1:12.0 | The world of expats is full of people wanting to go from here to there to save taxes. |
| 1:17.0 | What might be surprising to you is how my own reasoning differs from a lot of people because I wasn't just trying to put money |
| 1:25.5 | in my pocket. |
| 1:26.7 | I quickly acknowledge that putting money in your pocket is a benefit and if that's a reason |
| 1:32.0 | that you want to do it, for it it's a very valid |
| 1:34.4 | reason but I'll comment at the end of or in the latter part of this podcast on why I |
| 1:39.9 | don't think that's such a great idea I don't think going abroad just to save taxes is a smart move, |
... |
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