The end of offshore tax havens?
Dateline: Tbilisi, Georgia Bernie Sanders and Donald Trump have more in common than you would expect. For one, the success of both candidates thus far is largely fueled by the widespread discontent of the American people with the establishment. Both are what you could...
Alpaca poop: the reason your government hates tax havens
Dateline: Labuan, Malaysia I’m in Labuan checking out what I’ve called one of the world’s most underrated tax havens. The folks in peninsular Malaysia might not want someone going out there and flagrantly announcing that this Southeast Asian country...
The five best offshore tax havens for bank secrecy
Bank secrecy has long been a target of international groups opposed to offshore tax havens. The argument goes that if governments don’t know who owns the account, they can’t effectively tax it. Scores of tax-loving do-gooders have devoted their...
Laws of motion and the history of offshore tax havens
Reporting from: Phnom Penh, Cambodia In 1687, English mathematician Isaac Newton released his latest, and perhaps most widely known, findings. The Laws of Motion proposed – among other things – that for each action there is an equal and opposite reaction....
Citizenship-Based Taxation in Canada May Become a Reality
Dateline: Kuala Lumpur, Malaysia This may be one of the most important messages you hear from me this year. If you have a passport from a Western country, no matter where your assets are, your money is in danger. Recently, Chandra Arya, a sitting member of the...
4 Corporate Tax Systems for Offshore Companies
Dateline: Kuala Lumpur, Malaysia Someone recently sent us a message on social media saying that, after listening to all the good things I’ve said about Georgia over the years, they’ve decided to incorporate their business there. What a terrible idea. The problem is...
Six Lump Sum Tax Countries to Lower Your Tax Rate
Dateline: Kuala Lumpur, Malaysia There are many ways to legally reduce both your personal and business tax rates by going offshore. You could move to a zero-tax country like the United Arab Emirates, Monaco, or Vanuatu. Or you could structure your business to save tax...
How to Move to a Tax Haven
Dateline: Tivat, Montenegro One of the most frequently asked questions I get in my course of work is one that reveals just how many misconceptions still exist in regards to investing, living, and doing business overseas. The question typically sounds something like...
CFC Rules: Taxes on Controlled Foreign Corporations
Dateline: Kuala Lumpur, Malaysia In the world of business, we’re taught to keep things as simple as possible, so we often think of concepts in the simplest possible terms. So, when we think of offshore companies, the first thought that might pop into our heads...
FAQs: Tax Incentives and Moving to Puerto Rico
Puerto Rico has been in the news quite a bit lately. Specifically, its status as a new tax haven for Americans has landed it on editorial pages from Forbes to GQ. Here at Nomad Capitalist, we believe everywhere has a right to “go where you’re treated...