How to Pay Less in Taxes Through Tax Residency in Georgia
Dateline: Tbilisi, Georgia We all want to (legally, of course) finds ways to pay less in taxes each year. For many of us, that means establishing our homes and/or businesses in low-tax countries. The good news is that most countries with low-tax systems are actively...
The Australian tax residency test: are you an expat or a resident?
This article is part of our series on Tax Residency for Australian citizens. It was written by an independent contributor and does not necessarily represent the opinions of Nomad Capitalist. It should not be construed as legal or tax advice, for which you should...
How to Get Cayman Islands Residency and Pay Zero Tax
Dateline: Kuala Lumpur, Malaysia As I mentioned in my article on tax-friendly second passports, one of the most important parts of your tax, business, and personal strategies is choosing where you want to actually live. You can move to Asia to make your money go...
How to prepare for taxes under a Bernie Sanders presidency
Dateline: Tbilisi, Georgia Twelve years ago when the war in Iraq was just getting underway and Republicans were dodging accusations that it was a “war for oil”, I cynically suggested that if gasoline prices were to become high enough, the American body...
Get Second Residency and Pay No Tax in These 18 Tax-Free Countries
Dateline: Singapore Having a second citizenship is an important part of international diversification, but having a backup passport alone doesn’t end your tax obligations, if that is your goal. US citizens can have as many passports as they want (I knew one guy...
The Best Tax-Free Countries In The Americas
Dateline: Kuala Lumpur, Malaysia Have you ever dreamed of living on a sunny island in the tropics away from all the hustle and bustle where you can relax and enjoy life? It’s certainly an appealing idea. If you’re a Nomad Capitalist, you may have dreamed of this as...
The Best Tax-Free Countries In Asia
Dateline: Kuala Lumpur, Malaysia When we think about tax-free countries, our brain often goes to the Caribbean, or Europe, where a web of historical treaties, legal exemptions, and whatnot has created many areas exempt from taxation. But one of our goals here at...
The “Global Minimum Tax” Coming to Bankrupt Western Countries
Dateline: Kuala Lumpur, Malaysia I’m all for paying my fair share in taxes, but curiously, what governments interpret to be “my fair share” is directly correlated with the government deficit. I appreciate the hustle and verbal dexterity on their part, but it’s not a...
7 Tax-Friendly Countries for High-Net-Worth Expats
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...
What is Tax Residence and Why Does it Matter?
Dateline: Kuala Lumpur, Malaysia When we help our clients create an offshore strategy for their Nomad Capitalist lifestyle, I find that there are many people who have a hard time telling the difference between a residence permit – a second residence – and their actual...