Alan Rizer is a full-time, self-employed trader who moved to Puerto Rico to avoid paying any capital gains taxes. Puerto Rico offers an incentive program to U.S. citizens not currently living in the territory to move there and be exempt from capital gains taxes as well as most business taxes. Alan describes his thought process of concluding he would move to Puerto Rico as well as the pros and cons of living in Puerto Rico. Finally, he shares a little about how he’s made money in mining s...
Alan Rizer is a full-time, self-employed trader who moved to Puerto Rico to avoid paying any capital gains taxes. Puerto Rico offers an incentive program to U.S. citizens not currently living in the territory to move there and be exempt from capital gains taxes as well as most business taxes. Alan describes his thought process of concluding he would move to Puerto Rico as well as the pros and cons of living in Puerto Rico. Finally, he shares a little about how he’s made money in mining stocks and some mining stocks he likes for 2021.
0:00 Introduction
2:15 Alan’s background
3:40 Puerto Rican tax incentive for U.S. citizens
5:29 What if Democrats make Puerto Rico a new state in the Union?
6:30 Program is for any U.S. citizen not currently in PR
8:35 Some big-name Americans that moved to PR for tax benefits
9:27 Practical DD steps to looking into moving to PR
12:08 Some cons of moving to PR
14:09 Developing community in PR
15:37 Alan’s trading approach
Alan’s Twitter: https://twitter.com/Algarete_PR
Sponsor: https://furygoldmines.com/ Ticker:FURY
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