Why Young People Are Fleeing America & Canada
Are Western governments driving away their best entrepreneurs with crushing taxes?
George shares his nightmare experience managing US and Canadian corporations while Matt explores why places like Dubai, Singapore, and Paraguay are becoming the new promised lands for young founders.
George shares his nightmare experience managing US and Canadian corporations while Matt explores why places like Dubai, Singapore, and Paraguay are becoming the new promised lands for young founders.
What We Cover:
- George's $10K+ annual tax nightmare: Delaware franchise taxes, withholding requirements, and cross-border complications
- Why landlords won't rent to entrepreneurs (even when you're paying all your taxes)
- The ultra-wealthy playbook: How families like the Westons use charity structures to avoid billions in taxes
- Dubai's 60,000 Canadian expats: What's driving the mass exodus from the West?
- Why you can leave gold bars on the street in Dubai but not walk safely at night in many Western cities
- US citizen tax trap: How America's global taxation policy keeps people hostage
- Paraguay's zero-day residency hack for 0% capital gains tax
- The time tax: Why complexity is as costly as the rates themselves
- Energy = wealth: How carbon taxes and nuclear shutdowns are destroying national competitiveness
Key Insight:
The system isn't just taxing your money - it's taxing your time, safety, and future opportunities.
Young entrepreneurs are realizing they have options beyond staying put and getting squeezed.
The system isn't just taxing your money - it's taxing your time, safety, and future opportunities.
Young entrepreneurs are realizing they have options beyond staying put and getting squeezed.
Bottom Line:
As AI and remote work eliminate geographical constraints, expect massive capital flight to continue.
The countries that embrace energy abundance and entrepreneurial freedom will win; those that don't will lose their most productive citizens.
As AI and remote work eliminate geographical constraints, expect massive capital flight to continue.
The countries that embrace energy abundance and entrepreneurial freedom will win; those that don't will lose their most productive citizens.
Perfect for young entrepreneurs questioning whether there's a better way to build wealth outside the traditional Western tax grind. Sometimes taking the red pill means taking your business somewhere it can actually thrive.
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Follow our co-hosts:
- George Pu: @thegeorgepu on Twitter (X)
- Matthew Black:@matthewjablack on Twitter (X).
- Soham Mehta:LinkedIn, coming soon on Twitter (X)!
