My boy say “What’s up” 😂😂
I feel like God gave us Messi to test our opps, God now saw that they took us for granted, he now sent Lamine😂
He’s still shy to speak English in public but he’s done a bit on his YouTube and other places though.
At @ArushaWealth, we’re onboarding a new client who is a great example of the kind of people we have been working more & more with:
- Has citizenship/PR in multiple countries (US, Nigeria, St Kitts, UK)
-Has assets (and business & portfolio income) across countries and currencies
- Has a business that has also expanded into multiple countries
This is what we’re working with him on:
- Tax Planning: He’s a Nigerian citizen with a US Green Card & recently acquired St Kitts and Nevis citizenship by investment
Not many people know that giving up your U.S citizenship or green card can trigger an exit tax if your net worth is $2M or more
The exit tax treats your assets as though they were all sold (unrealized gains tax). For green card holders, this only applies if you’ve held PR in at least 8 of the last 15 tax years.
He lives mostly outside the U.S & doesn’t want to naturalize, so we’ve mapped a plan to abandon his green card by the 5 year mark, well before that threshold
We’re also coordinating timely, accurate tax returns & required reports through the transition.
- Investment Management: His accounts aren’t tracked consistently across currencies, and his liabilities are mostly in 1 currency while portfolio/investment income is in another.
We’re bringing these into one single global balance sheet & aligning investments with his obligations, using new contributions where possible to rebalance with less tax
- Business and Estate Planning: He has no estate planning documents currently, so we sourced Nigerian & U.S estate lawyers for the basic documents needed here (namely a will valid for each jurisdiction, trust deed & incapacity documents).
We’re also planning for what happens to his US assets after he gives up his green card. For non-US citizens domiciled abroad, U.S assets above $60,000 can face estate taxes at up to 40%.We’re coordinating his investments & estate plan to reduce that exposure
When your life, assets, business and family span multiple countries, everything has to work together: tax planning, investments, estate planning, everything. That’s what we help clients do at @ArushaWealth .
If you'd like to talk about your own situation, let's talk here: https://t.co/BzM2uwAYS3
Not gonna lie, this is how I'm gonna start explaining myself to people who constantly ask for money at places. I understand that people are struggling but we all are and dude makes a very very valid point. I went to the store the other day, 3 bags of nothing was 90 bucks.
someone who lost $3m just sent this message to the hacker...
always remember about safety in crypto, never share your seed phrase with anyone and don't click links you don't trust
@Elkrosmediahub Long throat. You did not order anything neither are you expecting anything from anywhere but you rushed to put in card details? Darwinism.