An ideal place to live and invest in real estate
Wyoming real estate tax benefits for residence are exceptional. Highlights, which you can discuss with your legal and tax advisors, include no state income tax, corporate tax, estate tax, capital gains tax or trust tax, excise tax, sales and property taxes are among the lowest in America.
Additionally, Wyoming has adopted a progressive version of the Uniform Trust Code and has extended the Rule against Perpetuities to 1000 years for trusts administered in Wyoming. It is one of just a few states where a family trust company can be formed and administered without regulation by the State Banking Commission.
Wyoming has recently legalized asset protection trusts for qualified asset and allows ownership of real and personal property in forms that provide significant asset protection as compared to other states.
Wyoming’s progressive trust and asset protection laws combined with its being a “no tax” state makes it the best on-shore tax haven in the United States. It has been consistently rated as the #1 most wealth-friendly state by Bloomberg Wealth Manager and other similar publications.