Cyprus Citizenship By Investment: The Ultimate Guide Become a citizen of Cyprus and get passport offering visa free travel to 170+ countries Written by Jovana Vojinovic i Nomad Ultimate Guides | Second Residency and Citizenship Invest a minimum...
Dateline: Kuala Lumpur, Malaysia Our YouTube videos and articles generate a lot of questions about US citizenship renunciation. What is the process? What does it entail? How does it change your lifestyle? Where do you have to be to renounce? We’ve already...
Dateline: Mexico City, Mexico There are a lot of myths about why people choose to renounce their US citizenship and the consequences of such a decision. This is not a choice to make lightly. That is why this article will outline the pros and cons of expatriating from...
Dateline: Mexico City, Mexico When it comes to anything offshore, it’s very hard to entirely understand what you’re doing until you’ve done it. That is why I am a practitioner, not a theorist. As someone who has been through the process of renouncing US citizenship, I...
Dateline: Kuala Lumpur, Malaysia When it comes to taxes, US citizens get a raw deal. Not only do they have to pay tax on their worldwide income, but they have to pay it regardless of whether or not they actually live there. Aside from a bit of foreign earned income...
Last Updated September 3, 2020 Throughout its history, the United States has attracted immigrants from all over the world searching for a better life. The US is a large and diverse country with plenty of economic opportunities, so it’s no wonder why so many...
Dateline: Singapore When I started Nomad Capitalist, one of my primary goals was to counter some of the bad information out there on the internet about topics like opening offshore bank accounts and getting residency in other countries. See, after I decided to leave...
Dateline: Tbilisi, Georgia December 20, 2017. I was sitting in my living room in Tbilisi, talking with my CFO, and making a number of calculations. What was I doing? I was preparing for the next day when I would go to the US Embassy to renounce my US citizenship. Why...
Dateline: Tbilisi, Georgia Much of what we do here at Nomad Capitalist focuses on what a second passport or residence can do for you. What freedoms will that new citizenship give you? Will your new residence permit give you more travel options? Which second passport...
Dateline: Tbilisi, Georgia Just the other day, we discussed the new requirements for IRS Form 5472 – an informational form for foreign-owned US LLCs. Today, we’re going to take on an equally-complicated form just one number different from 5472: Form 5471. Whereas Form...
This is not a topic that I had planned to discuss. But I felt that you deserved to hear about a decision this big. As someone who has never been afraid to put my face out there in an industry full of “mystery men,” I came to the conclusion that I could share the parts...
Dateline: Kuala Lumpur, Malaysia These days, I have been helping a record number of people plan to either renounce their US citizenship or determine that they do not need to renounce because they can create a different plan to reduce their tax bill. Just a few years...