Lower COST OF LIVING, NOT Your Lifestyle! In this video, Ken Duong, International Business and Immigration Attorney with over 14 years of experience, explains how you can live in Western Europe affordably and optimize your taxes while maintaining your lifestyle.
Many Americans tend to believe that living in Western Europe is more expensive than the United States, but the truth is that most European countries tend to be cheaper than living in the United States. Ken discusses how you can move to certain European countries, get a second passport, optimize your taxes, and lower your cost of living, without downgrading your lifestyle.
Attorney Ken Duong also gives insights on the cost of living in the United States and talks about Portugal, a country that offers great weather, good affordable healthcare, and a lower cost of living, making it a soft-landing destination for those who don’t want to adjust to too many cultural and lifestyle differences. Attorney Ken Duong further talks about the tax benefits of living in Portugal, including the NHR program, which offers a flat tax rate of 20% to 0% on certain types of income for up to 10 years.
The goal is to help you find ways to save money without sacrificing the things that make you happy.
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00:00 Intro
01:52 Break down the cost of living in the United States
02:31 Low budget, still offer lowers cost of living, pay less taxes
03:34 Another reason to live here
04:31 Tax Benefits
07:01 Strongest passport in the world!
08:39 Conclusion
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Duong Global is an international acknowledged worldwide business consulting firm that provides business and legal services specializing in the U.S. – ASEAN multilateral trade relations. Our aim is to enhance corporate competency and performance through result-based solutions, effectively combining processes, people and systems, designed to match clients’ individual requirements. Our unique set of business and legal services include International & U.S. Business Law, Immigration Law, Real Estate, Franchising, Marketing, Intellectual Property, and Entertainment.