Tax and Residency Update.
It's time I got moving on both of these. I'll go through why the sudden urgency and what I'm doing.
It’s the end of the Australian financial year, and bloody hell it shits me paying taxes back to Australia.
The more you earn, the more tax headwind there is to keep you in your place. In other words, it’s damn hard to get ‘really ahead’ in Australia.
Now on top of that, imagine the poor buggers paying obscene rent, unable to buy into a 4X GDP housing ponzi scheme, and dealing with a cost of living crisis while slugging out long hours in a woke lefty company.
Hell.
I saw an interview the other day on ABC (Australian Broadcasting Commission), and this doesn’t surprise me one bit:
I’m in my early 30s, and I got the fuck out, but I’m still paying a shitload of taxes.
I’ve worked out that the tax I’ll pay to Australia this financial year is the same amount I’d spend on living for one year in Latin America - while holidaying in Europe, Patagonia, back home to Australia, and eating steaks and drinking Argentine Malbec wine.
Shocking. Especially when options exist to pay… Zero tax!
Qué dijiste, boludo?
On top of all this, you have a woke, disillusioned far-left government (I’m calling them far left) spending obscene amounts of those taxes on shit like this:
![](https://substackcdn.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F543fbb01-c1f5-4e50-a15e-448c5bb0074d_1304x466.png)
I digress, but I hope you get my point. Onto the main purpose of this article, which is something you would never hear about in the mainstream media or the school system: cutting tax ties from your home country.
I’ve narrowed it down to three different services (popular on Twitter/X) that offer residency packages for tax purposes. I’ve met with two of them personally, but I haven’t paid for any of their services yet. I’ll run through my findings in this article for anyone considering a similar path.
I know you guys in the US have it very tough with global taxation, but you should, without a doubt, be interested in the too-damn-easy residency path in the country I’ll talk about.
For me, the required documents to gain foreign residency are currently in Australia getting verified before they will be sent to me here in Buenos Aires, Argentina.
In other words, since my last tax article update here, I’ve decided and put in motion to break tax ties with my home country.
Here is where I’m going and what I’ve figured out: