How to Legally Avoid Payroll Tax

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While planning tax reduction strategies, people are mostly focusing on the income tax and they are neglecting the important part of the US tax system - the payroll tax.

If you're not sure what it represents, this type of tax includes social security and medical care.

Digital nomads, freelancers, and other people living and working overseas may avoid paying income tax, but if their company is registered in the US, they still have to pay the payroll tax.

That's why opening an offshore company and employing people outside your home country may be the solution you're looking for.

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ABOUT NOMAD CAPITALIST

Andrew Henderson is the world's most sought-after consultant on legal offshore tax reduction, investment immigration, and global citizenship. He works exclusively with six- and seven-figure entrepreneurs and investors who want to "go where they're treated best".

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Andrew has spent the last 11 years studying and personally implementing the Nomad Capitalist lifestyle, and has started offshore companies, opened offshore bank accounts, obtained multiple second passports, and purchased real estate in a total of 20 countries.

He has also spent years creating a behavior-based system that helps people get the results they want faster and with less resistance. Andrew believes that everyone can use offshore strategies to keep more of their own money, live a life of freedom, and grow their wealth faster.

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DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.