Clay Travis
๐ค SpeakerAppearances Over Time
Podcast Appearances
I know people who have done it.
Both of those places are beautiful.
My kids are too young right now.
I've got an 11-year-old.
This is 100% true.
In seven years, you may sit down one day and all of a sudden you're just going to be like, wait, Clay Travis just lives in Puerto Rico?
Clay Travis lives in the Virgin Islands?
Why the hell am I going to give people 40% of my income for the rest of my life?
4%?
It is an incredible opportunity there.
So I would not give away Puerto Rico.
People do it so they can sell their business at that.
When they have the transaction of selling a business that they've built, they'll move to Puerto Rico.
I actually know a lawyer who specialized in making sure, because if you have a big-ticket business, like an outkick situation, and you claim that you live in Puerto Rico,
Oh, they're going to they're going to come after you because that's one of those moments where it's really worth it for the tax authorities.
So you've got to make sure you are ironclad with.
He said that you have to really be there for two years.
Yeah.
In order to claim that you're you're free and clear of that, you know, for the sale purpose of of getting that four percent tax.
Look, I'm a licensed attorney in the U.S.