Real life examples of identity planning, where people who flee their homes live easier yet more lavish lives, have lower taxes, and save a million a year
True story, what spurred you away from your home?
In recent years, the political polarization between the two parties in the United States has become more and more serious, leading to a high degree of social antagonism, especially during the presidential election; in addition, the epidemic that has lasted for three years has widened the gap between the rich and the poor and the racial gap in the United States, thus intensifying social conflicts. The above situation makes the people's sense of insecurity intensify, and naturally they will think of fleeing the United States. Where will they go to live next? Jesse SchobergJesse Schoberg's example may provide you with a reference.
41 years old, programmer, multi-million dollar a year entrepreneur
Jesse Schoenberg, 41 years old, is an entrepreneur earning over a million RMB a year and a programmer currently living in Bangkok, Thailand. The idea of escaping the U.S. began when Jesse was a teenager, when he set his mind on exploring the world someday, and at the age of 27, Jesse left the U.S. and moved to Panama, where he lived for six years. Since then, Jesse has traveled the world, first to Colombia and Costa Rica in Central America, and later to Taiwan, Japan and the Philippines. To date Jesse has traveled to over 40 countries around the globe.
How American Jesse Skogberg is readjusting his identity
The United States, although recognized as one of the largest countries in the world, has still been wracked by inflation, recession, high taxes and high average debt in recent years, due to the stressful and costly expenses of living in the U.S. According to the latest MagnifyMoney Nearly one in five Americans will have no savings by 2021, according to the latest data from the Savings Index. 18% of respondents admitted to saving zero dollars more in the past year, and another 48% saved less than $5,000. Bankrate In the July 2021 Emergency Savings Survey, a quarter of Americans had no emergency fund at all. Alerted to the fact that living in the U.S. is undoubtedly a high-burden and low-cost life at a very early age, Jesse Skogberg began planning to optimize his identity and started traveling to different parts of the world.
Change of nationality or change of residence?
For U.S. citizens, it's a good idea to go through thePurchase of a second passportto minimize taxes is limited, and we also have a number of clients who use a second nationality as ataxation servicesoptimalreal case(Refer to the past year'sreal case), but for Americans who already have passports with visa waivers for more than 180 countries, by changing their usual place of residence, theAdjusting your tax jurisdiction not only reduces your living expenses, but also improves the cost-effectiveness of your spending and accumulates savings more quickly., is also a great option. Let's see how Jesse Skogberg does it?
A trip overseas changed his world
At 19, instead of following the "college and work" path of his peers, Jesse worked to improve his programming skills, designing and developing websites for businesses, and in 2013, Jesse and two friends started a software company that helps businesses with SEO optimization of their websites for blogging. Today the company has 12 employees, all of whom work remotely. Remote workers have more flexible schedules. While the hitman is buried in his workday, Jesse is able to fly around the world to see the world, and his U.S. passport gives him a lot of freedom to travel.In 2015, he went on a trip to Thailand. The moment he landed in Bangkok, Jesse felt right at home, and when the Thai Elite Visa (TIV) arrived, Jesse and his fiancée, Jenny, moved to Bangkok, Thailand together and settled here.
Cheaper, more luxurious living
Jesse says that since moving to Bangkok, the quality of life has improved so much that it's almost a "luxury". It's a "luxury" because Bangkok, Thailand, has lower prices and a higher level of service than the United States. Jesse and Jenny now live in a one-bedroom apartment with a gym, swimming pool, shared office, restaurant and other facilities, but the monthly rent and utilities are only 2,700 U.S. dollars. Jesse earns about $230,000 a year and spends less than $100,000 a year, so he still manages to save quite a bit of money each year. Bangkok is a foodie paradise where you can find almost any specialty from around the world, and a Belgian sandwich store and a Korean barbecue restaurant might be on the same street. Jesse and Jenny also love the local Bangkok food and will often order takeout on their phones, which is usually pretty cheap. Bangkok is also magical in that it is both glitzy and shabby, with skyscrapers and old houses living next to each other, and luxury stores and street-side barbecues lining the streets. Although there is no barrier to speaking English in Thailand, Jesse has learned Thai in order to become more immersed in the local culture. When he's not doing anything else, he enjoys exploring the city of Bangkok in depth, including shopping malls, sampling specialty restaurants, attending concerts, and visiting parks.
Make your wishes as big as the world
There's really no need to envy Jesse, you've got a chance to be just like him, except with a 10 year visa for ThailandGolden Visa for DubaiThe new Indonesian visa, the telework visa, the new Indonesiandigital nomad visa,Permanent residency in Paraguay,Remote worker visas for Greece and MaltaOr a video.Twenty countries where teleworkers are welcome to migrateAll of them can easily move overseas. But to say go like Jesse Skogberg, the prerequisite question is to have a strong Commonwealth passport from a visa-free country, especially if you hold theDominica PassportWhen the time comes, you can get visa-free access to more than a hundred countries and regions around the world. For people who like to travel around the world, or business people who need to travel frequently, a Dominica passport in hand, absolutely enough.
Extended Reading
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Bih Bih Channel
Click here to directSchedule a VIP Consultation
Dominica Citizenship Program
- The Dominica Citizenship Naturalization Program was established in 1993 A.D. and is one of the oldest naturalization programs in the world.
- passport immigrationApplicants are not required to attend an interview
- Immigration can be processed quickly: the time it takes is about 2-3 months.
- The most cost-effective program for single applicants
- The status can be passed on permanently to the next generation in the direct line.
- Consultationreserve
Extended Reading
comparisons
Bih Bih Channel
Click here to directSchedule a VIP Consultation
Dominica Citizenship Program
- The Dominica Citizenship Naturalization Program was established in 1993 A.D. and is one of the oldest naturalization programs in the world.
- passport immigrationApplicants are not required to attend an interview
- Immigration can be processed quickly: the time it takes is about 2-3 months.
- The most cost-effective program for single applicants
- The status can be passed on permanently to the next generation in the direct line.
- Consultationreserve