4 ms·
Per the article that’s where he established residency, in order to avoid paying taxes.
by cycrutchfield 5y ago
Per the article that’s where he established residency, in order to avoid paying taxes.
- abnercoimbre 5y agoUnsurprising. Crypto millionaires retire there too. It's a tax haven thanks to not being a state -- plenty of loopholes you can leverage.
- moneywoes 5y agoI thought there was an exit tax when you move there
- abnercoimbre 5y agoFirst I've heard of it! I haven't checked the relevant literature in a while. Even so it might still be a net gain for them. Puerto Rico is susceptible to great hurricane tragedies, however (recall Maria.)