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Low taxes are in the usual tax haven countries. Caribbean, Cyprus, Ilse of Man, Jersey etc etc. This is really the best site for research [lowtax.net...]
Do not move to Scandinavia :) You will lose it all with taxes up to 60%.
You could also set up some offshore trust and companies to reduce your tax but most US citizens I know are scared *((&*&* of the taxman and do not do that as you are meant to declare your worldwide income.
I personally like countries that are a little crazy as it makes life interesting. We do buiness in Poland, Czech, Bulgaria. Bulgaria will have 12% income next year BTW. <snip>
[edited by: lawman at 7:58 am (utc) on Aug. 13, 2005]
You can get a furnished apartment there with broadband and do everything from there.
It's an excellent city with nice people, all the amenities and a touch of class (it's called the Paris of South America)... even more importantly it is dirt cheap to live there. Also great food (at all price levels but usually 30% of US prices), lots of cafes, good music, broadband everywhere, taxis are cheap, and of course those very pretty and charming Buenos Aires ladies etc.
Biggest downside is it is damn hot between Dec-Mar.
If you are looking for smaller, more natural area then Bariloche in the Patagonia area of Argentina is a good place to go too (skiing,hiking,lakes etc.).
affordable to live, safe for an American and were a person could save on taxes.
You can get all that right here in the States. Places like North Dakota, Idaho, Montana, Wyoming, etc., are all very affordable and have dirt-cheap taxes. Even rural areas of Missouri meet that criteria. Of course, your high-speed Internet connection may cost a lot, but (IMHO) it sure beats leaving the country.
[edited by: lawman at 4:36 pm (utc) on Aug. 17, 2005]
[edit reason] Foo Charter "leave comments about illegal exploits at the door. [/edit]