In a recent podcast with Joe Rogan, my former employer Peter Schiff talks about how he has moved himself and his companies to Puerto Rico to take advantage of the amazing tax breaks and beautiful beaches.
He talks about how the tax incentives work and how his transition was moving his business from California to Puerto Rico.
Puerto Rico is the only place where US citizens can go to get the IRS out of their lives. Not only that but it is not a bad place to live. I know because being half Puerto Rican myself, I have spent a lot of time there. If you would like to lower your tax bill and have the ability to move this is an interesting option to look into.