0:00: Australia now sits as the 2nd highest country in the OECD or taxes, which is not really surprising.

0:06: We have got one of the highest tax rates, and that's one of the reasons why a lot of people are looking at moving.

0:11: And in fact, there's 1000 millionaires who have moved out of the country so far in 2025.

0:16: Now the top locations that people are moving to USA, Italy, Switzerland, and one that I didn't see coming, Saudi Arabia.

0:24: Let's assume that you're earning in Australia, 150.

0:27: $000 per annum.

0:29: In 10 years, you would actually have accumulated after tax, $1.06 million.

0:35: In the UAE you've paid no tax whatsoever.

0:38: Over that period you've actually got $1.5 million.

0:42: So you're already up nearly half a million dollars just through your income capacity, but now this is where it gets really interesting.

0:50: If the tax you would normally pay in Australia was allocated to something like Bitcoin, What would be the numbers?

0:57: I'm Matthew Fraser and this is Crypto Collective.

1:00: After making millions with Amazon and e-commerce, I realized that if I was starting again today, crypto would be my first choice.

1:08: I'm here to help you take your first step.

1:10: And build real wealth.

1:12: Ready to set yourself up for life?

1:14: Let's go.

1:15: This is something that is coming up all the time, which is, can I make more money in Australia or out of Australia, or can I build my wealth in Australia or outside of Australia?

1:26: And I just did a recent interview with one of Australia's top entrepreneurs, Adam Hudson, and in that interview, which I, I strongly urge you to go and watch, go back through my videos.

1:39: In that video, he said, he's moved, well he's moved out of out of Australia to Cyprus already, but the key piece of information that I, that dropped with me was that he's planning on compounding his wealth over the next decade in Cyprus, and then, Potentially coming back to Australia, and I thought that was so groundbreaking really because I think a lot of people, when we think about moving out of Australia, we don't really think about a compounding your wealth in a in a low tax or no tax jurisdiction.

2:13: And then, do we even come back to Australia.

2:16: So it could be an option for some people, you know, I know that particularly in my situation, when I'm talking to my wife about moving out to a different country, it's a much easier sell to say, hey, we'll move out for a bit, we'll compound our wealth, and then we have the option of coming back.

2:31: If you just could put a hardline rule and say, hey, we're moving out of Australia and that's it, we'll never see Australia ever again, that's a much harder pill to swallow, particularly if you haven't even made the first step to move out.

2:42: So what I wanna do in this video is actually break down some of the migration patterns, like who is actually moving out of Australia, and more importantly, right at the end, I wanna break down the numbers of what it actually looks like making money and building wealth in Australia compared to other countries over that same decade, right?

3:02: So give a real comparison of how much money and and wealth could you create by doing that type of thing.

3:08: So let me say this.

3:09: First off, there was the Henley report that came out in 2025.

3:14: Now this is a a millionaire migration.

3:18: And what they looked at was how many millionaires are moving out across the world, right?

3:22: It, it sort of, it maps all the millionaires moving around the world, so hopefully, you're already in that category.

3:28: Now what's interesting is there was 142,000 people who are moving around the world to different locations.

3:35: Now the top locations that people are moving to,, UAE, USA, Italy, Switzerland, and one that I didn't see coming, Saudi Arabia.

3:45: They are the ones that are topping the list.

3:48: Now for 2026, it's expected to be 165,000 people moving around the world as well.

3:57: Now, the top one, which I think is probably obvious, a lot of people are moving to and a lot of people are talking about.

4:03: Is United Arab Emirates and in particular, the city of Dubai.

4:09: People are moving there in droves to the tune of, and this is out of the 142,000 odd people, 9800 people are moving into UAE, currently for 2025.

4:21: USA is number 2 on the list at 7500 millionaires, and then Italy, Which I thought was also another interesting 1, 3600.

4:31: Now the one of USA for example, that is not a country that I would consider having a low tax or no tax jurisdiction.

4:39: So maybe there's some other factors in, and of course, the next question is, Well, what are the factors?

4:47: And, and the Henry report actually specifies what the factors are, which makes millionaires move, and it's not just taxes, it turns out, safety and security is one of the top.

4:57: Now safety and security, For the UAE, they're considered one of the top countries for safety and security.

5:04: Financial concerns is another one obviously that comes down to taxes.

5:08: Now what's interesting is Australia now sits as the second highest country in the OECD for taxes, which, which is not really surprising.

5:17: We have got one of the highest tax rates for income earners, you know, which is pushing now 49% with, Including Medicare levy, not to mention, would also factor in things like obviously GST it would talk about, superannuation taxes that are that are coming in, property taxes, land taxes, I mean the list just goes on.

5:37: So that doesn't help Australia and that's one of the reasons why a lot of people are looking at moving and in fact, where does Australia even sit in that realm?

5:44: Now I said UAE 9800, USA 7500, and Italy 3600.

5:52: Australia, there's 1000 people, 1000 millionaires I should say, who have moved out of the country so far in 2025.

5:59: Now, some of the other reasons why people are looking at moving, lifestyle factors, including, climate, you know, like for example, UAE is absolutely brutally hot, particularly in in summer.

6:13: You will, you will see people who talk about, they get to UAE.

6:16: They actually move out of the UAE during summer, right?

6:19: They might go to other places of Europe or or Southeast Asia to get out of the heat that's in UAE.

6:27: But then on the flip side, a lot of countries are very cold.

6:31: So if you're a person that doesn't like the cold, you know, so these sort of factors come in.

6:35: The other things, retirement, right, schooling and education opportunities, schooling would be a big one obviously if you've got children, healthcare is, is obviously a huge one, UAE's got actually a, a world-class healthcare system, but going to some place like, You know, Bali, for example, I don't know if they've got a world class healthcare system, so this might come into play, particularly if someone, if you've got a particular type of illness.

7:03: And so really just overall, the standard of living that you would expect to live in some of these countries.

7:08: So what I wanna do now is now we know some of the reasons why people are moving.

7:13: Let's break it down though for people who are watching this channel, which is of course mainly regarding Bitcoin crypto policies and in and in doing so, taxes.

7:23: That plays a huge part in people's decision when they're moving to a particular country.

7:28: If you're gonna get out of Australia, you better be wanting to get to a country that has a very low or no tax policy.

7:34: Hey guys, real quick, if you're ready to take your crypto investments to the next level.

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7:58: Now back to the episode.

7:59: So what I wanna do now is I want to talk about the comparisons between countries.

8:04: One's going to be the top country that people are moving to the UAE.

8:08: And then lastly, let's cap it off with, how does that even compare to Australia.

8:13: So, Let's start with the Australian tax policy to do with capital gains tax.

8:20: If you've purchased, let's say Bitcoin for $100,000 and you're now looking to sell for $1 million and that is completely possible because there's a price prediction right now which Bitcoin is going to 10x by 2030.

8:35: So let's just say that you're living in Australia and that and that is you.

8:39: You now sell that Bitcoin.

8:40: Now, I recommend you don't sell the Bitcoin, but let's just say you do, and, and each to their own, you can do whatever you want to do, it's your money.

8:48: So in Australia, your gain would be $900,000.

8:51: The tax then on that $900,000 and this is assuming that you've had this for over 12 months, because there would be a capital gains discount in there.

9:01: The tax you would pay would be $224,000.

9:06: Now that is based on tacking the increase onto your taxable income, and that's how capital gains tax is worked out.

9:15: The gain is, is put on top of your income and then taxed accordingly based on the progressive rates.

9:21: But just as a general idea, it's about 25%, so that that's how you get to the $224,000.

9:27: Moving on to the UAE, what are the capital gains taxes if you were living in the UAE?

9:34: And guess what?

9:35: It's one of the best in the country in the world, I should say, it's one of the best.

9:38: In the world, 0% tax.

9:41: So therefore, if you bought your Bitcoin for $100,000 you sold it for a million dollars, you gains $900,000 you would be able to keep every cent, the full $900,000.

9:55: Which just on a tangent poses something different when you're thinking about your Bitcoin or your investment strategies, because a lot of people talk about in even in Australia, I'm gonna buy low and sell high.

10:09: Now, if you can time the market absolutely perfectly, then that is a, that's a great strategy.

10:14: But the thing you gotta think about when you're in Australia is, well, you might time that, but then you've gotta factor in, The capital gains tax that you may have to and likely have to pay on the gain, and then you've got to buy back in at a price that factors in the fact that you've had to pay all the tax out.

10:30: So it makes it very difficult.

10:32: If you're in a place like the UAE with no capital gains tax whatsoever, therefore you don't.

10:37: have to factor factor that type of tax in, and so it'd be much easier to buy low and sell high.

10:43: Now let's talk about incomes.

10:45: Let's, let's assume that you're going to move to one of these countries, and let's assume that you're earning $150,000 per annum.

10:53: Now in Australia, The tax that you would have to pay on $150,000 would be 29% overall.

11:01: So that's about $43,000 which means that you're left with in your pocket for the year, $106,000.

11:09: Now, $43,000 that is a.

11:12: Truckload of money they have to give over to the government.

11:16: So, unfortunately, as we know in Australia, they don't spend it very well, so that's why a lot of people are dirty on the fact that they have to pay so much in tax.

11:25: So in that case, 29%.

11:27: Now how does that now compare to the UAE?

11:31: Let's pretend you're living in the UAE now, perhaps it's Dubai, a place that I'm looking to move to, you're earning the same $150,000.

11:39: The tax on your personal income in Dubai or UAE is 0, right, 0 tax.

11:48: So now you've actually got left in your pocket $150,000 for the year, right, and when you start looking at it like that, From and I and I get it, right, we forget about lifestyle or anything like that, not, not to mention though, that the lifestyle in Dubai, in particularly, it's a, it's a pretty nice lifestyle, but, you know, there are some flaws, for example, like I said before, it's very, very hot, there's, there's a bit of sand around the place cos you're basically sitting on, on, in a, in a desert.

12:16: So those are the types of things, but I, I think if you're thinking about compounding and creating your wealth, then the UAE by far is certainly a place that you need to consider if you can do it.

12:29: So now, as I said in the very beginning, I was thinking about what Adam said about moving out and compounding his wealth.

12:34: So we've just realized that out of Australia and the UAE, the best place to build wealth and compound your, your assets and wealth into the future would be the UAE.

12:46: So, let's have a think about this then, and I won't do these numbers.

12:50: Let's assume then that you're still earning that same $150,000.

12:54: Now in Australia, the tax was, remember, $43,000 a year.

12:59: Now, in 10 years of total earnings, You would actually have accumulated after tax, right, $1.06 million right?

13:09: So, basically, a million dollars is what you're gonna earn over that 10 years, right?

13:13: Cause we said roughly you would maybe move out for 10 years to compound your wealth.

13:17: So let's compare that to Italy.

13:18: Now, of course, I said before, the tax in Italy was a lot higher, so it was $150,000 you were earning, the tax.

13:24: Of $46,000 your net would be $104,000.

13:27: So therefore, over the 10 years of your earning capacity, it would, you would get in the pocket $1.04 million.

13:36: So if compounding your wealth was something you were thinking about, purely, not forget about lifestyle, Italy would be off the cards.

13:43: OK?

13:44: So you really have to think about the UAE.

13:46: So back to the same scenario, remember in the UAE you've paid no tax whatsoever.

13:52: But let's so then over that period you've actually got a net of $1.5 million so you're already up nearly half a million dollars just through your income capacity compared to places like Italy in Australia.

14:07: But now this is where it gets really interesting.

14:12: So pay attention to this, because if the tax you would normally pay in Australia was allocated to something like Bitcoin, what would be the numbers?

14:20: So remember in Australia we were paying $43,000 a year or $3,583 per month.

14:30: Now imagine, We were still living in Dubai, but we're not paying the tax.

14:34: So let's put all of that money that we were going to pay in tax into Bitcoin.

14:39: What do the numbers look like after a decade?

14:42: This is going to completely blow you away, depending on the compound rate, and let's just say between 29% base up to a 50% compound rate between, you won't believe this, at 29%, you would have then accumulated $2.5 million in value on Bitcoin.

15:01: And at 50%, a staggering $11 million.

15:06: So when you think about it, you're not actually doing anything different, you're earning the same amount of money, but instead of paying the tax to the Australian ATO you're instead all you're living in Dubai and you're allocating that same tax portion into Bitcoin and compounding your wealth over that same 10 years.

15:24: So what you could actually do then is after the 10 years you've now got $11 million up to 2.5 to $11 million you could then consider moving back to Australia, or you could say, you know what, let's compound this for another 10 years or 5 years, and that $11 million would grow to a staggering amount of money.

15:45: Now I haven't done the actual math, but it would be somewhere in the vicinity probably of like $30 to $50 million.

15:52: Now that is what even, even Adam said the other day on the podcast was FU money.

15:59: So now that we've thought about, we could actually compound our wealth in the UAE and then potentially come back to Australia.

16:06: What would be the future predictions though, if we stayed in Australia and if we already had.

16:12: a million dollars worth of Bitcoin.

16:13: So let's just say you bought the $100,000 of Bitcoin today, and in the next 5 years that grew to a million dollars, and that is absolutely a possible based on the price predictions within the, the Bitcoin landscape.

16:26: How would that look though, from a tax point of view in Australia?

16:29: Now I've already said if you sold it, you would have to pay obviously capital gains tax in Australia.

16:34: But what happens though if the tax policies change, And you, you already know that the Australian Labor Party is wanting to bring in an unrealized capital gains tax on superannuation.

16:47: If that comes through, Who's to say that it then doesn't come then to personal Bitcoin, company Bitcoin, Bitcoin and trust, everything outside of a superannuation fund, right?

16:59: They're already on a rampage to try and take people's money as much as possible because they've got no money of their own.

17:05: So the risk you run is that you stay in Australia and your $1 million of Bitcoin now gets under the grasp of the Australian Labor Party trying to steal your Bitcoin.

17:17: So that is something that you also need to consider.

17:19: But what could happen in Italy?

17:21: Well, the same thing I guess you could say would happen in Italy.

17:24: People though say to me, if I move to the UAE, they could bring in a capital gains tax, or they could bring in an unrealized capital gains tax, and yeah, you know what, you're right.

17:34: Any government can change the policy whenever they want, but if you really think about it, the way the UAE is structured is they want to bring in capital.

17:43: They want millionaires.

17:44: There's a reason why there's 9000 odd millionaires moving to the UAE is because they're moving to where money is treated best, OK, and if the UAE was to start bringing in negative, Policies that would start stealing people's money, there would be a flight of capital, people would start leaving the UAE.

18:06: The reason why UAE has become so successful, particularly as an expat type hub, and there's now something in the vicinity of 80 to 85% of people living in the UAE who are expats, right, not nationals, so they make up the majority of the population.

18:21: The UAE wants to keep the millionaires in the country, so they're gonna continue, continue to offer favorable tax policies for you to stay.

18:31: I really don't see a day when they're going to negatively impact their economy by putting up huge taxes, particularly on things like capital gains, and definitely not unrealized capital gains because that type of tax is insidious.

18:46: I just wanna add this in for good measure because as I was doing my research, looking at different countries and and really looking over the Henley report and where all these millionaires are moving to, and there was one thing that really caught my eye, and that is the world's fastest growing millionaire hub, and you will not believe what country it is.

19:05: It's actually Montenegro.

19:08: And you're thinking, where the hell, particularly if you're in Australia, where the hell is Montenegro?

19:13: Is it in South America?

19:15: No, it turns out it's right in the Balkan countries, so it's right next door to like Croatia, and, I did some research, I jumped on YouTube, I typed in Montenegro, like, let me see this country that all the millionaires are, are, are moving to.

19:30: It's actually had a 124% jump in rich people moving there over the past decade, which, which stands out far and above any other country.

19:39: Now, when you go and check it out, it's an absolute piece of paradise.

19:45: When you go and see it, I, I mean, I was blown away, I couldn't believe how beautiful it looked.

19:51: And even my wife, we were watching the, the, the YouTube video together and we said, wow, this looks incredible.

19:56: Could we see ourselves there?

19:58: And then I did the next thing, and I started looking at what are the tax policies in Montenegro?

20:03: Maybe there's something that we don't know about cause everyone's talking about the UAE, but let's dive a little bit deeper into Montenegro and see what type of policies they have.

20:12: Now they have a tax, a corporate tax policy, 9% of profits, 9%.

20:17: That's very, very reasonable.

20:19: That actually kind of falls in line right now with other places that are considered good to move to like Cyprus.

20:26: Now they've got no inheritance tax, their Bitcoin and crypto gains are taxed against income, so about 9% on gains, still very, very low, and, and just to cap this off, They've got something that was so interesting and completely non-related to Bitcoin or taxes, and it turns out that Montenegro has the 2nd tallest people in the country.

20:51: Go figure.

20:51: Alright guys, so that's just my overall wrap up of the three different types of countries, and I guess if you include Montenegro, 4 different types of countries of where multi-millionaires are moving to in 25 and 2026.

21:06: And there could be something for you to consider as well.

21:08: I encourage you to do your own research.

21:10: Of course, if you're thinking about moving into these countries, and of course if you come into my online community, this is something that I talk about all the time.

21:16: In fact, I'm even documenting my journey of dematerializing my car collection, my properties, and this is something I talk about all the time because, you know what, I'm allocating it to more Bitcoin.

21:30: And I'm also gearing up to 99% chance of moving it to somewhere like the UAE.

21:36: So come and join me for the ride.

21:38: You can find the link in the description, on the show notes.

21:41: Look forward to seeing you there.

21:42: See you next time.

21:43: Bye for now.

21:43: Hey, thanks for tuning into Crypto Collective.

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21:57: Also, if you're ready to level up your crypto journey, make sure to check out Coinstash.

22:03: It's the platform that I trust to buy, sell, and hold crypto with ease.

22:07: You can also find more of me at I'm Matthew Fraser on all social media platforms.

22:14: Take care.