“Tax the Wealthy” vs. Legally Lowering Your Taxes

“Tax the Wealthy” vs. Legally Lowering Your Taxes

Dateline: Kuala Lumpur Here at Nomad Capitalist, we’ve always encouraged people to go where they’re treated best, and if you’re a wealthy person with a high income, you should at least consider the opportunity to legally reduce your tax rate overseas.  There are legal...
Offshore Tax Strategies for Startup Businesses

Offshore Tax Strategies for Startup Businesses

Dateline: Kuala Lumpur, Malaysia Even before I made my first dollar, I had an anti-tax streak in me. I found it incredibly unfair that the government could swoop into your million-dollar idea and steal a major portion from it. And they would keep coming year after...
How to Prepare Your Business for the Next Recession

How to Prepare Your Business for the Next Recession

Dateline: Kuala Lumpur, Malaysia Over the last decade, we have seen the longest bull market in history.  But the coronavirus pandemic is set to stress test all the businesses and fortunes that have sprouted in recent years with a major recession. People are nervous...
Is Hong Kong Safe for Business and Banking?

Is Hong Kong Safe for Business and Banking?

Dateline: Kuala Lumpur, Malaysia Ever since the protests in Hong Kong, I have heard from many viewers and even clients who all have the same question: Is Hong Kong safe? Is it still a safe place to bank or do business? While the media may paint the situation as very...
How to Avoid Paying Taxes: Tax Evasion vs. Avoidance

How to Avoid Paying Taxes: Tax Evasion vs. Avoidance

Dateline: Kuala Lumpur, Malaysia Believe it or not, we get a lot of messages about big tax bills. Our helpdesk is often flooded with people who’ve found out exactly what personal and corporate tax rates are going to do with the income from their incredibly successful...
Why I Hate Easy Taxes, Passports, and Banking

Why I Hate Easy Taxes, Passports, and Banking

Dateline: Mexico City, Mexico Easy is a word that is used . . . well, too easily. From time to time I talk about how something I did was easy. For instance, I’ve talked before about how easy it is to open a bank account in Georgia. But I’ll be the first to admit that...