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okay I wanted to talk to you today about how you can actually end up paying millions of dollars a year depending on the amount of assets that you have by living in a territorial tax system now so many people think that you can actually Escape all taxes made outside of the country uh if you live in a territorial tax system this is assuming youre not a U.S citizen or your U.S resident or you actually break the substantial presence test where youre uh will you stay too long in the U.S and they tax you in your worldwide income Im talking to people who have broken their their tax ties to the U.S totally there are ways you can lower your income taxes uh by qualifying for the foreign income exclusion but thats an earned income now Im talking about here on investment income on this uh let me give you an example what Im talking about lets say youre living in Panama there are a lot of countries that have a lot better tax exchange agreements with other countries uh than Panama does okay u
