An American businessman who swapped the rat race for a life of paradise in Bali has made a stunning declaration about his family's financial future, revealing his young daughter will 'never pay a dollar in taxes'.
The expat, known as Kravitz, detailed his extreme strategy to legally sever all fiscal ties to the United States, a move that has ignited a fierce debate on wealth, privilege, and national duty.
The Path to a Tax-Free Future
Kravitz's plan was set in motion from the moment his daughter was born. By ensuring her birth took place outside of the US, she did not automatically receive American citizenship.
He then took the radical step of renouncing his own US citizenship, a process he claims cost him a small fortune in legal fees but will save millions in the long run. This move effectively places his entire family outside the jurisdiction of the Internal Revenue Service (IRS).
A Life Funded by Offshore Business
Now running his business remotely from a luxurious villa, Kravitz exemplifies the growing trend of 'digital nomads' leveraging global mobility for financial optimisation. His income, generated online and channelled through offshore structures, is no longer subject to US federal taxes.
He passionately defends his decision, arguing that the US tax system is overly burdensome and that he receives no tangible benefits for the taxes he would have paid.
A Firestorm of Criticism
The revelation has not been met without controversy. Many critics have lambasted the move, labelling it as a selfish abandonment of civic responsibility that undermines the public services and infrastructure funded by taxpayers.
Others, however, see it as a rational response to a complex and aggressive global tax system, highlighting the increasing ability of individuals to choose their tax residency in the digital age.
The story raises profound questions about citizenship, obligation, and the future of national tax systems in an increasingly borderless world.
