How to move your company out of California and keep your EIN [step-by-step]

Attorney and CPA Chad D. Cummings notes a Financial Times report from New Zealand that reveals more about California than about the South Pacific. A private club is sending eight new golden-visa arrivals on a polar expedition into the Southern Alps. Applications under the program jumped from 115 over three years to more than 700 in the past fourteen months, with Americans filing 277 and Californians leading. The entry price is five million New Zealand dollars. One California fund manager who obtained a visa complained to the Prime Minister that spending more than 183 days a year would trigger tax on her worldwide earnings and warned that every dollar is mobile. Florida and Texas impose no personal income tax, require no minimum investment, and impose no day-count trap that converts global income into local tax liability. High-tax states assumed residents were captive. The capital kept moving. Learn more about redomesticating out of California: https://www.cummings.law/redomestication/move-business-out-of-california