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Influencers and content creators have become entrepreneurs with millions of followers. Their success is measured not only in terms of popularity but also in their ability to manage their income efficiently and legally. In Latin America, where tax rates can reach up to 35%, many influencers have found an effective solution: starting a business in the United States. This strategy not only optimizes earnings but also offers significant tax advantages.
In this blog, we explore success stories of influencers who have thrived by moving their businesses to the U.S. and analyze how much they have saved in taxes compared to their home countries.
Unlike the challenging tax environment in countries like Colombia, Mexico, and Argentina, the United States offers a more favorable fiscal climate for businesses. States like Delaware and Wyoming are known for their lower corporate tax rates and additional benefits for businesses.
This difference in tax burden has motivated numerous influencers to move their operations to the U.S., taking advantage of the opportunity to reinvest in their brands and expand their reach globally. Besides tax benefits, the robust business infrastructure and legal stability in the United States also play a crucial role in this strategic decision.
Here are some success stories of influencers who created their businesses in the United States:
Luisa Fernanda W is one of the most recognized influencers in Colombia, with millions of followers on Instagram and YouTube. Before creating her business in the United States, Luisa faced high tax withholdings in Colombia, where the income tax rate can reach up to 33%.
Kimberly Loaiza, a prominent Mexican influencer, has conquered millions of followers on platforms like TikTok and Youtube. In Mexico, personal tax withholding rates can be as high as 30%.
Sebastián Villalobos is a Colombian influencer who has achieved great success on video platforms like YouTube. In Colombia, high tax withholding rates significantly impacted his income.
The success stories of influencers like Luisa Fernanda W, Kimberly Loaiza, and Sebastián Villalobos demonstrate the benefits of creating a business in the United States. These influencers have not only optimized their income and reduced their tax burden but have also increased their credibility and professionalism in the global market. If you are an influencer or content creator in Latin America, you can register your business in the U.S. to take advantage of these benefits and ensure long-term success.
At Prodezk, we offer personalized service at every step of the way, ensuring a hassle-free experience and successful registration for your business in the U.S.