Everything You Need to Know About the US Exit Tax

Video Description

🚀 Become a Client: 👉 https://mmgrt.co/join-movement 📰 Join 10,000+ Readers of The Sovereign Brief: 👉 https://mmgrt.co/newsletter ------ 📘 My Blueprint for Mobility: 👉 https://mmgrt.co/your-blueprint 💻 Explore My Website: 👉 https://mmgrt.co/website ------ 🔗 Where I Share My Thoughts: / jeremysavory _______________________________________ If you’re an American living abroad, tired of double taxation, endless paperwork, and feeling like a criminal just for having a foreign bank account, this video is for you. In this video, Irena, Millionaire Migrant’s tax lead, will break down the US Exit Tax - officially known as the Expatriation Tax. What it really means, who it applies to, and how you can legally avoid it with the right strategy and timing. Whether you’re thinking about renouncing your US citizenship or being done with the IRS, understanding the exit tax is your first step toward true financial freedom. We’ll cover the 5-year compliance rule, why the IRS treats you as if you sold all your assets the day you renounce, and more. From crypto gains and real estate to offshore businesses and trusts, she’ll explain how to structure everything the right way, so you don’t get caught with a surprise tax bill. You’ll also learn about smart ways to prepare years in advance, like using irrevocable trusts, gifting strategies, and alternative residency programs that can make your transition smoother. Whether you want to renounce now or are merely thinking about it, this video is for you. _______________________________________ Who Am I? Welcome to my channel, I’m Jeremy Savory. For over two decades, I’ve helped 11,000+ clients and entrepreneurs build global leverage through my firm, Savory and Partners. My work and insights have been featured in BBC, Forbes, CNBC, Financial Times, Travel + Leisure, The Telegraph, and more - trusted by top-tier media as a voice on global migration, wealth, and sovereignty. What began as my personal quest for freedom has become a mission: to show people how to create global options that last. Here, I share the same residencies, citizenships, and investments I’ve tested myself. _______________________________________ ⏱️ CHAPTERS 00:00 Everything You Need to Know About the US Exit Tax 00:56 What is the US Exit Tax and How Does it Work? 01:56 Covered vs Non-covered Expatriate - US Exit Tax Explained 02:32 Why Figuring Out Your US Exit Tax is So Complicated? 03:43 How US Exit Tax Works - Example 05:33 How to Legally Avoid US Exit Tax 07:37 Do People Really Renounce US Citizenship? 08:38 Options for People Who Are Not Ready to Renounce Yet ________________________________________ 💡 Frustrated by high taxes and government policies that limit your financial growth? At Millionaire Migrant, we're here to help you break free by protecting your wealth, expanding your freedom, and building a future on your terms. For over a decade, we've worked directly with entrepreneurs and investors with no middlemen, or outsourcing to design tailored Blueprints that let you safeguard and grow your wealth. Our Blueprint is built around our Three Peaks of Success: 1. Mastery – develop a skill, become an expert, and set a strong foundation. 2. Monetization – turn mastery into steady income and real financial growth. 3. Mobility – achieve true freedom, protect your wealth, and keep more of what you’ve earned. If you're ready to take on the third peak, now’s the time to act! ____________________________________________________ ⚠️ DISCLAIMER: This information is provided for general purposes only and should not be considered tax, financial, or investment advice. Your situation is unique and requires a customized approach. A professional consultation is essential to determine strategies that best align with your needs. Millionaire Migrant provides personalized guidance exclusively through direct consultation. #usexittax #howtorenounceuscitizenship #howtoavoidusexittax