063: Yasmine Åkermark, Reducing Your Taxes, The Businesses Andrew Misses
Andrew dives in on some of the common questions he receives about taxes. People are always wanting to reduce their taxes, but sometimes they’re completely unwilling to change their current lifestyle to make that happen. How can you reduce your taxes without...
Factoring business costs: Social security taxes in the US, Canada and Europe
Dateline: Tbilisi, Georgia Just a couple of weeks ago we talked about how seniors can still receive their Social Security benefits while living overseas. After all, those who’ve paid into the system their whole life should enjoy the benefits in retirement, no matter...
These 39 countries have all reduced taxes on business lately
Dateline: Kuala Lumpur, Malaysia I read a recent headline here that suggested that while some Malaysians are concerned about the country’s ongoing lowering of tax rates on individuals and businesses, most (not all, of course) realize it is a way to bring more...
The five best world cities with the lowest taxes on business
Recently, Big Four accounting firm KPMG conducted a study of tax competitiveness among fourteen major countries, as well as 55 international cities within those countries. The goal was to correlate the actual corporate income tax, capital tax, sales tax, property tax...
“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
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
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...
The 10 Best Online Business Ideas for New Entrepreneurs
Dateline: Kuala Lumpur, Malaysia Our target audience here at Nomad Capitalist includes high-income entrepreneurs and other high-net-worth individuals who wish to optimize their taxes, emigrate abroad, and live life on their own terms. As demographics go, it’s a very...
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
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...