Jason Hartman does this episode from the US territory of Puerto Rico, where he’s spent a few days seeing if he wants to live in this tax haven. The thing about Puerto Rico, however, is that while it might be a place with low tax, it’s not a place with low real estate prices.
Then, Jason talks with Jake Bernstein, author of Secrecy World: Inside the Panama Papers Investigation of Illicit Money Networks and the Global Elite, about what the Panama papers are, why they’re important, and what kind of impact we should expect to feel from the fallout.
Want to know why tax revenues are low, how governmental agencies have been paying spies for years, or more on the Rothchild family? Listen in to learn how the Panama papers can help you find out.
[4:26] Puerto Rico real estate is NOT cheap
[6:46] Join Jason in Philadelphia for the Creating Wealth seminar
Jake Bernstein Interview:
[9:40] What are the Panama papers?
[13:36] Why do the Panama papers matter?
[17:53] Jake isn’t as optimistic as Jason about how much money the new tax reform will repatriate
[20:59] Some of the scandals to be unearthed by the Panama papers
[25:19] The CIA & IRS’ involvement in the Panama papers
[30:45] Is the Rothchild family in the Panama papers?