Dateline: Kuala Lumpur, Malaysia One of my personal favorite financial commentators is Dave Ramsey. If you’re familiar with my blog, then you might be a bit surprised by this since Dave Ramsey’s content is mostly basic financial literacy. Why would I...
Dateline: Kuala Lumpur, Malaysia Jim Rickards recently said that with the central bankers’ madness infecting the Australian dollar, there were only three strong, stable currencies left. (Of course, the US dollar isn’t one of them) However, I’ve long...
I’ve talked for some time about the importance of having an offshore bank account, especially if you live in a country where such a thing is considered “unpatriotic” or “unethical”. A legal offshore account is just good financial sense as...
Dateline: Dubai, United Arab Emirates A recent Friday evening of mine was spent sipping cocktails with my fiancee and our friend in one breath, and eagerly chatting with an investor friend about the free fall of the Turkish lira in another. For someone who tracks...
Dateline: Yerevan, Armenia Armenia just may be one of the hidden gems for tourists in the world. My new favorite hotel here, The Alexander, is quite possibly the best five-star hotel I’ve stayed at in the last year. Service here is excellent, from the surprisingly...
Dateline: Belgrade, Serbia Over the centuries, Belgrade has been the seat or the conquest of numerous empires. In the late Middle Ages, the Serbian Empire was overthrown by the Ottoman Turks who were pushing further west into Europe. Later, the Ottomans would sign...
Tired of earning tiny interest rates in your local bank? Looking for some of the highest interest rates in the world? If you have a sense of adventure, you can earn high yields in emerging market banks. These aren’t your average offshore bank accounts. But...
Dateline: Kuala Lumpur, Malaysia In a world of historically low yields, people are increasingly coming up with more complicated strategies to beat the markets. But what if there was an easy offshore banking play that earned 10% per year and required minimal skills to...
Dateline: Kuala Lumpur, Malaysia Here at Nomad Capitalist, we often talk about my five magic words: “go where you’re treated best.” You can take your life, your money, your investments, your business, and even your citizenship to the places where...
Dateline: Tbilisi, Georgia I came back to Georgia’s intriguing capital city on a mission. While I own a home, have plenty of friends, and enjoy the amazing food and wine in this little-known part of the Caucasus, I’m back in town today to open a bank account....
Dateline: Singapore Negative interest rates have gone from an impossible fantasy just a few years ago to a reality that now impacts hundreds of millions of savers around the world. Thanks to the lingering impact of the Great Recession, central banks started...
If you are a US citizen living abroad, you are required to file your annual taxes based on your worldwide income, not merely income earned in the US. This means that any foreign-earned salary, as well as foreign-earned interest, dividends, pensions, capital gains on...