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Nomad Capitalist

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The EU’s War on Successful People Has Begun

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In NZ we still have no capital gains tax and no exit tax. Dont know how hard it is to get in but it must be easy as we have thousands of indian uber drivers

— @Bigtbone205

European governments are no longer just taxing income; they are targeting your ability to leave. In this video, I break down how France, the EU, and other Western countries are pushing to crack down on personal tax planning, label successful people as non cooperative, and quietly build systems to monitor and punish those who relocate.

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These socialists are basically crooks, and they think through democracy that their robery is some how legal. It is not and it remains robery,

— @AlbertO-u9h3c

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Thank you for your honesty

— @jaydunkin-x8j

00:00 Jealousy Drafts Legislation in Europe

02:00 The EU Crackdown on Personal Tax Planning

There are ten rules in the law as defined by Sandemose, all expressive of variations on a single theme and usually referred to as a homogeneous unit: You are not to think you're anyone special, or that you're better than us.



The ten rules state:

You're not to think you are anything special.
You're not to think you are as good as we are.
You're not to think you are smarter than we are.
You're not to imagine yourself better than we are.
You're not to think you know more than we do.
You're not to think you are more important than we are.
You're not to think you are good at anything.
You're not to laugh at us.
You're not to think anyone cares about you.
You're not to think you can teach us anything.

— @TarbenHyldgard-n9r

04:55 Why Italy and Greece’s Tax Regimes Are Under Attack

07:35 Europe’s Real Fear Is Competition, Not Tax Evasion

EU countries is heading towards soft socialism rapidly. Leave while you can.

— @TarbenHyldgard-n9r

10:10 Backdoor Citizenship-Based Taxation and Surveillance

12:42 Why the Global South Is Winning Talent and Capital

Someone has to pay for their african pets

— @Just_a_lurker01

15:27 Turning Plan B Into Plan A Before Exit Taxes Hit

18:03 The Only Real Solution: Multiple Residencies and Passports

You really summed it up well !

The irony is that the MEPS have all become millionaires themselves. What you might need to appreciate, coming from the US, is how European politics works. In most country, politics controls everything. Every job is a political favour and these are coveted jobs, you basically can never be fired and nothing much is expected from you. Businesses are all expected to pay homage and protection money in some way, they have to pay for political favour and for contracts and access. Other businesses are controlled by the families of political families. You might guess this is common in South America, its the same across most of Europe.

All of this is funded from taxes. Tax money makes them personally rich and keeps them in power. For their own business, they simply avoid taxes or exempt themselves but for the most part they will simply never be investigated. Billions are just simply ignored.

And you are right to use the word slaves .. the way people are viewed now is as chattel - tax chattel.

And let's take a close look at Europe .. why is even France in the EU, their economy remains closed of, they want all the benefits of a Europe with none of the obligations and their political system is exactly as I described above.

And Germany ? An inefficient bloated economy - the German miracle comes down to one thing - a collusion of politics and unions - that is Germany. As long as the unions keep their cushy overpaid jobs, the politicians stay in power. Do you think they want competition ? They are totally uncompetitive, too expensive, too many holidays and low quality masked as luxury -check car statistics - the most unreliable cars on the market. They can keep this going at the expense of the rest of Europe but they have totally lost the race against the USA and China and the rest of Europe cannot absorb their bullshit economy.

So great video ..

— @LoveIceCream123

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EU socialism perhaps

— @craiglakin-ck5ow

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Too many gready people in this world, we dont need any goverment to tell us how we live, if we can go back to the economic system 10 years ago we would all live our best lives ;)

— @DavorinMlakar

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thats all basic manipulative methods: shaming, gilt tripping and gaslighting... if you think that way you start understand

— @oskarwall2611

More User Perspectives

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I've been very interested in moving to Cyprus, but I'm afraid that soon the EU is going to do something about the capital flights between European countries.

@dutchcoiner
@

You'll own nothing and be happy only goes one way when the suits steal everything you ever worked for.

@nword9239
@

Not Jelousy....suffocating taxes: the price of ideology over economy!

@Cloudinthesky777
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Europestan Countries right now are racing to become a 3rd world country 😂

@kruxypesigan
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They import illegal immigrants, then decent people want to leave because crime and tax grows because all of welfare and EU is trying to stop contributing citizens to leave because all of sudden we are important for their woke system. They censor our voice but they want our money.

@techtoapes1818
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YT has been recommending your videos. One question: how do you think countries pay for the infrastructure you use? Why do you encourage not paying taxes? This is precisely what's wrong with the world. What a "successful business person"

At the end, just another American mindset, individualist to the bone.

@Limozo
@

So when companies use government subsidies to relocate it's fine but when the countries want their subsidies back it's not fine? When the people elect a government looking out for their interests it's not ok but when companies exploit workers for a minimum wage(and less if possible) that's totally ok? The double standards here are real. Absolute scum.

@chefbg5929
@

Jealousy also drafts legislation in Democrat states in the U.S. The dim, the slow and the lazy envy those that are bright, work hard and make good life decisions.

@agave67
@

Marxism is waiting to socialise failure and make everyone as miserable as you are.

@Mirkk47
@

Destroy them

@georgiakerek7999
@

In the West all it indicates is high level incompetance, a champagne life style for the beuraucrats and their friends, with no real quality of life changes and continued denegration of society/culture.

@ianclarke4945
@

Communism

@QuentinTarantino.1
@

Success does not give you special rights. Success is hard work, sure but its not a right.

@priitmolder6475
@

How do i live the UK with little wealth

@jaymesrads9969
@

this is why Europe is desperate for a war

@jaymesrads9969
@

0:20 it happens in African and LATAM coutries for a long time. The people push back the others who wants to grow. The leaders kick you back to your place if you want to grow cuz you don't belong to the LOCAL MAFIA, therefore you don't deserve to grow. Meanwhile the COMMUNIST UTOPIA is spreading out the place and a lot of people think that it is correct to receive for not producing which result the LOCAL MAFIA be on power forever.. THE Comunist International knows what do they want.. SLAVES! And the leaders? to keep with the POWER living in the GOLDEN PALACE.. That's not my opinion, that's what is going on for a while, its a PATTERN!

@tomX9F11
@

That's the natural outcome of democracy

@WorldHistory42
@

Greece beautiful. Poland very safe family oriented. Georgia I’ll go any time.

@tomek6147
@

Tech Bros seeking reasons to leave their legal and ethical responsibilities: This Video

@Bidirektional
@

"Crackdown on high net worth individuals who relocate to exploit favorable tax regimes"
Translation:
Iron Curtain

@randaru1527
@

america are starting to do the same look at cali^^ people are tired for showing up for work 50 hours a week while people who own houses or stocks makes so much more by not working^^ and tbh most businesses wouldnt work in africa and such^^ go cry all you want but there is a reason we are starting to see young people not spend money and living at all because its so worth to close your eyes buy etf or apartment and make so much money.... ive made over 10 years 1m euro in cph from my apartment... not by working!! tax free btw super unfair for workers.. i also work ofc but we pay high taxes from work and almost none from house/aparment profit

@bobhansen7309
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If you have Two passports and one home country wants to tax you for having left. With a double tax treaty the other country has to accept an equal lower taxation to compensate. Even you live in that country. This Will cause a Big mess between countries and disagreements?

@sonne7091
@

Problem is the government is very good at making everyone believe the rich are the problem so that ppl are distracted from the real issue of poor and corrupt governance.

@ErenKaynar-ms7xl
@

Any "war on successful people" == "taxing the billionaires". I'm sorry guys, but unless you are billionaires, taxing them is in your best interest because it is literally the only possible route we have towards less wealth inequality, which we desperately need. Did you know, that since billionaires have assets everywhere, they are making bank on crisises like the oil one? They just have money in oil, price of oil goes up, they make a ton of money, the things that get more expensive are food and housing, which is a very small % of their income, work gets cheaper. You're getting double penetrated while they are making bank on it. If you have a lot of people like that, it's in their interest to cause a crisis.

@Strank0
@

Poor you "successful people".. instead of having 3 billions you are going to pay a fair share in taxes and you will be left "only" with 2 billions.
Should I feel sorry for you?
About 10% of the population in Europe face food insecurity, but who cares about them, right?
YOU HAVE NO SHAME.

@arnaupuig5097
@

French, Dutch and German politics really destroying their countries 😢😢😢😢😢

@saskia8295
@

Little detail you left out, what they got mad about was insanely rich people, who this applies to in the end? Everyone. That's what the common man should be distraught about.

@lukafireman
@

Interesting perspective, but I think the framing is a bit too strong. I say this also as a self-made “successful person” and an immigrant.

Most “successful people” don’t operate in a vacuum. Even when success is earned, it is shaped by the environment around us, education systems, infrastructure, legal frameworks, access to markets, and human capital. These are largely products of collective effort funded through taxation.

It’s also worth acknowledging that many people start from more elevated positions, through generational wealth, networks, or early support. If that’s the case, it’s reasonable to expect that one should be capable enough to sustain that position while contributing a fair share back.

Paying higher taxes (within reason) is not a punishment for success—it’s a reflection of benefiting more from the system that made that success possible.

The trend toward tighter tax rules is real, but calling it a “war on successful people” oversimplifies a much more nuanced issue.

@donche92gr
@

Ahhh europe tha gayer version of the soviet union

@jim-h1l3k
@

You're not successful, you're got lucky to born in a right family.

@PivPivPivPiv
@

This "Successful People" does a lot of work… "Lucky People", "Privileged People", "Greedy People" …
This isn't a war on anything but inequality, especially wealth inequality which objectively has grown too large
Do these governments do it correctly? No, I think they should nationalise a lot of infrastructure again instead, but I understand the need for these governments and for society as a whole to rebalance the divide between the haves (asset rich) and the havenots.

@dimlylitcorners
@

Socialism translates into "envy is a virtue"

@chrishall8636
@

they can try and make me pay for leaving all they want. money simply won't be stored in the EU and European banks anymore. So good luck collecting when I simply cross the border and be gone.
and that is just me as individual. Imagine what a company would do. They would shut down their branch and move elsewhere. Lots of locals in EU will lose their jobs, less economic drive for the EU itself while needing to pay more welfare for the unemployed.
Now imagine a large corporation or conglomerate....they will have an even larger impact with the potential of wiping out EU's economy when they just pack up and leave.

We really are ruled by incompetent, shortsighted, totalitarian tyranical pieces of shit.

@GiblixStudio
@

Glossy nose

@ivanmihaylov6676
@

Loyalty to an entity as defiined by some lines on a map. Not for me.

@roryblake3232
@

Western countries have become too totalitarian nanny-states.

@نادرالیراحمان
@

Maybe if "successful people" weren't acting like a bunch of entitled Jews, we wouldn't have to take all of their wealth. Why should a common person slave for basically nothing their whole life, while one gets to have trillions of euros?

@ravador
@

They are not jealous of you. They need the extra taxes to fund the immigrant disaster. And the extra money has to come from people that are actually producing something.

@ziigii46
@

China 2.0

@Duijnkiller