An Introduction to Nomad Capitalist
Living in Eastern Europe: The Hidden Gems
Almost everybody wants to go to Europe. It’s a dream that most people have. Often, they dream of waltzing through the dreamy streets of Paris or drinking sangria on the coasts of Spain. This is Europe that everybody seems to be talking about and most people aspire to...
A Guide to the Overseas Citizen of India (OCI)
The Overseas Citizen of India, or most commonly referred to as OCI, is one of the most popular types of residency available to those of Indian origin. One of the great things about OCI is that your spouse can be eligible for this too. In return, the OCI Card that you...
The Coming Tax on Unrealized Capital Gains
Dateline: Bogota, Colombia Through the years, there has been a rise in wealth in most western countries. In layman’s terms, most millionaires and billionaires are getting increasingly wealthy. Accordingly, most politicians are trying to introduce a tax that will go...
13 Passports on China’s Visa Free Countries List
China is, undoubtedly, one of the most popular and populated countries in the world. If you’re an entrepreneur or an investor, then you might find yourselves coming and going to the country frequently. But is your passport on China’s visa free countries list?...
Dominica Citizenship by Investment: Application Guide & Alternative Programs
When it comes to the Caribbean, one worries that the government officials there are on “island time”. Things might happen very slowly. But this isn’t an issue when it comes to getting the Dominica passport through its CBI program. The Dominica citizenship by...
The UK Investor Visa | Eligibility & Application Process
The UK has held its place as one of the highest regarded countries in the investment immigration industry. But we have few reservations when it comes to investing and residing in the UK, especially when it comes with such a high price for investors. Here is everything...
1031 Exchange | How Ending The Will Affect Investors
There was an article that we’ve read from Bloomberg, and it said that Joe Biden was targeting a $41B tax break for different real estate investors. It didn’t even include any talks about ending the 1031 exchange. However, this wasn’t something that you would see...
Living in Monaco | An Expat Guide
From James Bond to Grace Kelly, Monaco has been both a home and a vacation spot for many celebrities and wealthy elite, both fictional and real. Monaco is located near the south of France with France on three sides and the French Riviera, the Mediterranean Sea to its...
How To Get Slovenian Residency by Investment & Citizenship
Last updated: November 5, 2021 Dateline: Kuala Lumpur, Malaysia For years, Italy and Slovenia feuded under the usual auspices of western Europe vs. Cold War Eastern Europe. But today, Slovenia is not only part of the eurozone and the European Union but it feels an...
Moving Overseas | The Best Destinations for the Super Rich
In the last few decades, there have been constant talks about moving overseas. However, this isn’t something that has always come to fruition. Even for the super rich, some have opted to remain in their birth countries. Though, there may have been countless countries...
How to Become A Millionaire Entrepreneur
Recently, we were asked a question by someone who wants to become a seven-figure entrepreneur. Although, these days, the question on everyone’s mind is practically the same. It always goes down to how to become a millionaire entrepreneur. These people said that they...
Gold vs Crypto | Robert Kiyosaki’s Thoughts on Investments
There’s a lot of ongoing debate about whether cryptocurrency is taking its place in our society in today’s day and age. Although, one of the most controversial topics is whether we should be investing in gold vs crypto. Yes, it’s an integral part of our economy now,...
Legal Tax Reduction
The Coming Tax on Unrealized Capital Gains
Dateline: Bogota, Colombia Through the years, there has been a rise in wealth in most western countries. In layman’s terms, most millionaires and billionaires are getting increasingly wealthy. Accordingly, most politicians are trying to introduce a tax that will go...
Seven Misconceptions About Portugal’s NHR Tax Program
Dateline: Bogota, Colombia Portugal is one of the countries in the European Union that can be cheaper than others. It’s a great country to get your tax residence in because its taxes are still not that low compared to other countries outside of the region. However,...
Three Money Lessons to Consider When Going Offshore
Money lessons are important to learn, especially if you’re a new investor or entrepreneur. It’s something that most people need to learn at some point in their lives. For us, the lifestyle that Nomad Capitalist brought was all about how to get more, how to be more,...
How to Create Generational Wealth with Lower Taxes
Dateline: Mexico City, Mexico I often ask my clients, “What’s next?” And when they answer, I ask it again...and again. Beyond the idea of how to accumulate more wealth is knowing the end purpose of it all. What happens after you’ve amassed all of this money and you...
New US Tax Deadline Extensions for 2021
It’s been a complicated year. Most of us have had huge disruptions in our lives. To ease reconciling the chaos into a flawless tax form submission, the IRS recently announced that it will be extending the tax return deadline for US citizens from April 15th to May...
Taxes in Switzerland for High-Net-Worth Individuals
Dateline: Bogota, Colombia If you’re a high-net-worth individual looking to lower your taxes while living in a beautiful European country, Switzerland may be a great option for you. Some may see Switzerland as a bit boring and past its prime as the world’s go-to...
The Alarming Rise of the American Wealth Tax
Dateline: Bogota, Colombia Over the last century, many countries have tried taxing the wealthy at higher rates. More recently, there’s been a lot of buzz about a global wealth tax. The virus has put a lot of countries in extreme debt, pushing the issue of taxing the...
4 Panama Tax Haven Myths and Misconceptions
Dateline: Bogota, Colombia Panama as an offshore jurisdiction has been front and center in recent years as a result of the now-infamous Panama Papers leaks. With all the attention Panama is getting, there’s bound to be some rumors and fiction spread around. But let’s...
The Death of the Tax Fairness for Americans Abroad Act
Dateline: Bogota, Colombia The United States is well known as effectively being the only country in the world to follow its citizens wherever they go and not only tax them but impose income-generating regulations no matter where they live in the world—even if you...
The Problem with “Own Nothing, Control Everything”
Dateline: Bogota, Colombia “Own nothing, control everything,” is an oft-repeated phrase credited to John D. Rockefeller that people like to use in the offshore industry. Typically, people refer to this phrase to mean that you should be smart enough to protect your...
What is GILTI Tax and How Can You Reduce It?
Dateline: Bogota, Colombia Tax reform in the United States is a dangerous business. Before the highly anticipated “Trump Tax Reform” was finalized in 2017, there was talk of abandoning citizenship-based taxation and adopting the same residence-based system of taxation...
The Calexodus: Why You Need to Leave California Now
Dateline: Belgrade, Serbia For months, I have been urging people to wake up and realize how terrible things are becoming in California. I lived there early in my career and it was terrible then. Things have only continued their downward spiral. California has some...
Second Residency and Citizenship
The UK Investor Visa | Eligibility & Application Process
The UK has held its place as one of the highest regarded countries in the investment immigration industry. But we have few reservations when it comes to investing and residing in the UK, especially when it comes with such a high price for investors. Here is everything...
How To Get Slovenian Residency by Investment & Citizenship
Last updated: November 5, 2021 Dateline: Kuala Lumpur, Malaysia For years, Italy and Slovenia feuded under the usual auspices of western Europe vs. Cold War Eastern Europe. But today, Slovenia is not only part of the eurozone and the European Union but it feels an...
A Guide to the Overseas Citizen of India (OCI)
The Overseas Citizen of India, or most commonly referred to as OCI, is one of the most popular types of residency available to those of Indian origin. One of the great things about OCI is that your spouse can be eligible for this too. In return, the OCI Card that you...
Travel to Russia Visa-Free with These Passports
Through the years, Russia has claimed its place as one of the world’s superpowers. While its economy has steadily grown since the past wars, visa-free travel to Russia still isn’t that common. Sure, there are ways for you to travel to Russia, although most of the...
The Best Passports for Crypto Investors Worldwide
For most people who consider themselves Nomad Capitalists, not just those who are crypto investors, a second passport is one of the best insurance you can have. These days having a second passport is one of the weapons that you can have business-wise. In most legacy...
How Long Is A Passport Good For?
When it comes to getting a passport, there can be a lot of red tape, which is why I devote so much of my time to helping people with getting a second citizenship. Second citizenships allow nomads and entrepreneurs to exercise more of their economic potential. Although...
5 Ways to Get Dual Citizenship Quickly
Dateline: Mexico City, Mexico People are often looking for a way to get instant citizenship. Even if they don’t plan on living overseas, they tell me that they want to have the option of dual citizenship so that if they so choose they can opt to expatriate, live in...
Caribbean Citizenship by Investment: A Comparison Guide
Dateline: Mexico City, Mexico Imagine that you’re relaxing on a yacht. The sun is shining, the trade winds are blowing ever so gently, and you can see into the clear, turquoise waters. There are palm trees, tropical drinks, and you can even sail to a nearby island in...
Dominica Investor Visa Program | Read The Full Guide
The beautiful Caribbean island nation of Dominica is known to many as one of the five sovereign countries in the Caribbean that offer citizenship by investment (CBI). You make a donation or invest in a piece of real estate and you get a passport in months. These CBI...
Heidi Chakos (“The Crypto Girl”) Renounces Her US Citizenship
Dateline: Belgrade, Serbia Heidi Chakos is one of the top educators and influencers in the crypto space. She has helped thousands of people get started in Bitcoin with her company, Learning Crypto. She also recently gave up her US citizenship and left the United...
Slovakia Citizenship by Descent
Slovakia has a new bill that allows citizenship by descent up to the third generation (great-grandchildren) of former Czechoslovak and Slovak citizens as an option for those with Slovak ancestry. As a country that’s part of the European Union (EU), that has displayed...
Is It Possible to Get Triple Citizenship?
Dateline: Bogota, Colombia For years, we have urged people to start now at working towards dual citizenship. It’s the wise thing to do to provide yourself options and a Plan B should things in your home country change. It’s also an essential part of developing your...
Renunciation of Citizenship
Will You Lose Government Benefits if You Renounce Your US citizenship?
Dateline: Tbilisi, Georgia One of the reasons that a US citizen would consider getting a second passport — whether it’s economic, ancestral, through naturalization, or otherwise — is because they want to renounce their citizenship.US citizens are one of the only...
FAQs About US Citizenship Renunciation
Dateline: Kuala Lumpur, Malaysia Our YouTube videos and articles generate a lot of questions about US citizenship renunciation. What is the process? What does it entail? How does it change your lifestyle? Where do you have to be to renounce? We've already covered many...
The Pros and Cons of Renouncing US Citizenship
Dateline: Mexico City, Mexico There are a lot of myths about why people choose to renounce their US citizenship and the consequences of such a decision. This is not a choice to make lightly. That is why this article will outline the pros and cons of expatriating from...
4 Reasons People Renounce US Citizenship
Dateline: Mexico City, Mexico When it comes to anything offshore, it’s very hard to entirely understand what you’re doing until you’ve done it. That is why I am a practitioner, not a theorist. As someone who has been through the process of renouncing US citizenship, I...
Form I-407: How to Relinquish Your Green Card
According to the Department of Homeland Security, there were 1.1 million new “Lawful Permanent Residents (LPRs) - known as Green Card Holders - admitted to the US in 2017. This coveted document is what you need to be a legal resident of the United States. While that...
Will the FATCA Filing Requirement Ever Be Repealed?
Dateline: Tivat, Montenegro In recent years, I've worked with a number of people who have already renounced, want to renounce, or plan to renounce their US citizenship - particularly since I did so myself. What's interesting about former US citizens is that very few...
The Cost to Renounce Citizenship Around the World
Dateline: Kuala Lumpur, Malaysia I was in Langkawi, Malaysia, when the US government announced that it was going to raise the fee to renounce citizenship from $450 to $2,350. I hadn't renounced my citizenship yet at the time, and I remember thinking to myself: "Wow,...
The Tax Consequences of Renouncing US Citizenship
Dateline: Tbilisi, Georgia December 20, 2017. I was sitting in my living room in Tbilisi, talking with my CFO, and making a number of calculations. What was I doing? I was preparing for the next day when I would go to the US Embassy to renounce my US citizenship. Why...
Why and How I Renounced My US Citizenship: My Expatriation Story
At the tail end of 2017, I renounced my US citizenship. This is not a topic that I had planned to discuss. But I felt that you deserved to hear about a decision this big. As someone who has never been afraid to put my face out there in an industry full of “mystery...
How to Renounce Your US Citizenship: The Ultimate Guide
Dateline: Kuala Lumpur, Malaysia These days, I have been helping a record number of people plan to either renounce their US citizenship or determine that they do not need to renounce because they can create a different plan to reduce their tax bill. Just a few years...
Four case studies for renouncing US citizenship
Dateline: Alicante, Spain If you’re a US citizen doing business or investing overseas, you surely know that you’re a unique breed. That’s because US citizens are just about the only people on earth required to pay taxes on both active and passive income, no matter...
The 5 most famous people to renounce US citizenship
Dateline: Manila, Philippines Thousands of people renounced their US citizenship last year. In fact, citizenship renunciations reached record levels. And the Federal Register, where so-called "covered expatriates" are listed, doesn't even list the majority of those...
Keeping your Money Safe
Moving Overseas | The Best Destinations for the Super Rich
In the last few decades, there have been constant talks about moving overseas. However, this isn’t something that has always come to fruition. Even for the super rich, some have opted to remain in their birth countries. Though, there may have been countless countries...
Three Money Lessons to Consider When Going Offshore
Money lessons are important to learn, especially if you’re a new investor or entrepreneur. It’s something that most people need to learn at some point in their lives. For us, the lifestyle that Nomad Capitalist brought was all about how to get more, how to be more,...
Places to Live With $1,000 per Month
Dateline: Bogota, Columbia I recently gave some thought to the question: What would I do if I had to start over with nothing and only had $1,000 per month to live on as a nomad capitalist — where would I live and why? I like to think about this every once in a while...
Banking in the Cayman Islands: the Ultimate Guide
When you think of offshore banking, the Cayman Islands is probably one of the first countries that come to mind. It’s what you typically see in the movies. However, the truth about banking in Cayman is far from what Hollywood portrays. It’s no longer a place for...
Are Offshore Banks Safe and Secure?
Dateline: Kuala Lumpur, Malaysia Are offshore banks safe? In short - generally, yes. Though this blanket statement would do little to relax you. I could also tell you that during the Great Recession, US Banks were merely the 40th safest in the world and they haven’t...
Why I Hate Risk and How I Avoid It
Dateline: Kuala Lumpur, Malaysia I hate risk. This statement might seem strange coming from me. People think I’m a traveling daredevil who has never had a ‘real’ job, who invests in dangerous markets and who is so flippant about what I already have that I renounced...
How to Internationalize Your Life Amid Coronavirus Panic
Dateline: Kuala Lumpur, Malaysia The world has been gripped by fear over the coronavirus, which has come out of nowhere to become the largest news story of 2020. So far, some 90,000 people have been diagnosed with the virus, and about 4% of those people have died....
Do You Need a “Plan A” or “Plan B”?
Dateline: Kuala Lumpur, Malaysia https://www.youtube.com/watch?v=Mz6pd1LCK08 I’ve been in the business of helping people design their ideal international lifestyle for a long time now. To this day, I have always found it interesting to see what reasons people bring to...
Bank Offshore in the Cook Islands with CSB Bank
Guest Contributor: Gerard Field is the CEO of Capital Security Bank and has lived in the Cook Islands for the past two years. He is also a Director of the Financial Services Development Authority, a Cook Islands government organization tasked with promoting the island...
Offshore Trusts: The Ultimate Guide
Dateline: Bogota, Colombia A friend of mine received a postcard in the mail the other day. It didn’t come with a beautiful picture of the beach or a panoramic view of a bustling city skyline. No, much to their disappointment, this postcard was covered from front to...
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...
The Cheapest Offshore Companies to Incorporate
Last Updated July 25, 2020 Dateline: Tbilisi, Georgia Where’s the cheapest place to incorporate offshore? I’ll just tell you: Depending on a few variables, you are usually going to find that the cheapest place to incorporate is Belize. That’s your answer. It’s good to...
Cryptocurrency
Gold vs Crypto | Robert Kiyosaki’s Thoughts on Investments
There’s a lot of ongoing debate about whether cryptocurrency is taking its place in our society in today’s day and age. Although, one of the most controversial topics is whether we should be investing in gold vs crypto. Yes, it’s an integral part of our economy now,...
The Best Passports for Crypto Investors Worldwide
For most people who consider themselves Nomad Capitalists, not just those who are crypto investors, a second passport is one of the best insurance you can have. These days having a second passport is one of the weapons that you can have business-wise. In most legacy...
13 Countries That Don’t Tax Bitcoin Capital Gains
Dateline: Mérida, Mexico What if I told you that there was an easy way for you to digitally pay for products and services all over the world without incurring high fees, having to exchange currencies, or needing to involve a bank? Sounds pretty good, right? Well, the...
Banking with Cryptocurrency for Investors & Entrepreneurs
Dateline: Mexico City, Mexico If you’re not already invested in cryptocurrency, it will be worth getting to know about this new, and arguably most lucrative, a financial innovation of our century. It is the cutting edge of fintech and looking to expand to become more...
Roger Ver Speaks Out on the Bitcoin vs. Bitcoin Cash Debate
https://www.youtube.com/watch?v=H2glSN6CnWQ&feature=youtu.be Cryptocurrency is one of the most important inventions in human history with the capacity to empower every person on the planet. That’s what Roger Ver claimed in a recent interview with Andrew Henderson,...
Michael Saylor on the Coming Cryptocurrency Era
Gold is dead. What’s coming to replace it is something with all the benefits of gold, without all the troubling aspects. As MicroStrategy founder, Michael Saylor puts it, “If God came down and created perfect gold, he would create 21 million gold coins, put them on...
The Best Countries for Crypto Mining
Dateline: Yerevan, Armenia Creating tax strategies and offshore plans for clients running crypto-based businesses and mining operations is not a simple thing. There are always ways to make things work, but each individual needs a specific plan for how they’re going to...
What Can You Buy With Bitcoin? 5 Ways to Pay with Crypto
Dateline: Kuala Lumpur, Malaysia So, what can you actually buy with Bitcoin? Just a few years ago, you couldn’t buy much of anything. In fact, the first-ever crypto purchase was made when one member of a Bitcoin forum offered another user 10,000 Bitcoin to order two...
The World’s Most Crypto-Friendly Countries
Dateline: Colombo, Sri Lanka Sri Lanka has become an increasingly popular tourist destination in recent years; it seems any bikini-clad Instagram influencer worth their salt has posted snaps here. As a result of so many “pioneer” nomads coming here, I figure this...
Living in Eastern Europe: The Hidden Gems
Almost everybody wants to go to Europe. It’s a dream that most people have. Often, they dream of waltzing through the dreamy streets of Paris or drinking sangria on the coasts of Spain. This is Europe that everybody seems to be talking about and most people aspire to...
A Guide to the Overseas Citizen of India (OCI)
The Overseas Citizen of India, or most commonly referred to as OCI, is one of the most popular types of residency available to those of Indian origin. One of the great things about OCI is that your spouse can be eligible for this too. In return, the OCI Card that you...
The Coming Tax on Unrealized Capital Gains
Dateline: Bogota, Colombia Through the years, there has been a rise in wealth in most western countries. In layman’s terms, most millionaires and billionaires are getting increasingly wealthy. Accordingly, most politicians are trying to introduce a tax that will go...
Nomad Capitalist Lifestyle and Philosophy
Living in Eastern Europe: The Hidden Gems
Almost everybody wants to go to Europe. It’s a dream that most people have. Often, they dream of waltzing through the dreamy streets of Paris or drinking sangria on the coasts of Spain. This is Europe that everybody seems to be talking about and most people aspire to...
The Freedom of Being An Economic Citizen
Dateline: Ulaanbaatar, Mongolia I’ve been thinking a lot about the different opportunities and freedoms that you enjoy as an economic citizen. It’s one of those things where you don’t entirely know what it looks like until you have it. But what are some of the...
Will A Plan B Passport Affect My Travel Benefits?
Dateline: New Delhi, India Today I want to talk about one of the challenges people face when they get a new passport. One of the first questions that new passport holders face is “Should I use it?”, “How do I use it?” and “What’s going to happen?” Even I fall into...
Overseas Real Estate Investing & Economic Citizenship Paperwork
Dateline: Kotor, Montenegro As unsexy as it might be, any time we discuss topics such as residency and citizenship applications — including economic citizenship — we have to discuss the necessary evil of paperwork. I’ve had to deal with it, and you’ve had to deal with...
Will You Lose Government Benefits if You Renounce Your US citizenship?
Dateline: Tbilisi, Georgia One of the reasons that a US citizen would consider getting a second passport — whether it’s economic, ancestral, through naturalization, or otherwise — is because they want to renounce their citizenship.US citizens are one of the only...
How to Use The Belt and Suspenders Strategy: Visa-free travel in Return
Dateline: Cape Town, South Africa One of the biggest concerns that second citizenship seekers have involves the lower quality of the passport they are obtaining through either naturalization or, as I did, through citizenship by investment. The idea of being a US...
Why I Decided to Get Citizenship through Investment
Dateline: Tbilisi, Georgia I have become a big advocate of economic citizenship and I’m giving you an inside look at the experience. As one of the few people in this industry who shares his unfiltered experiences of planting flags, I thought that it was about time...
I Left the USA for Good. Here’s Where I Moved To
Dateline: Mexico City, Mexico It’s no secret that I left the United States. Early on I could tell it wasn’t where I was treated best and so I went in search of what was best for me. Since I’ve left, I commonly get asked from people new to Nomad Capitalist, where I...
How to be a Happier MGTOW by Dating Overseas
Dateline: Kuala Lumpur, Malaysia If you’re looking for something to be outraged and mad about, you will find it. Be it politics, the culture wars, or gender dynamics, you will find it. Always. Some people define themselves by the anger, sadness, and resentment they...
Pitcairn Island: When is Free Land Worth the Price?
Dateline: Mexico City, Mexico The government of the Pitcairn Islands is looking for a little help with their dwindling population. They’ve been looking for ways to encourage immigration for years and stumbled across an idea a few years ago that sounds like a very...
The Future of Digital Nomads
Back in 2005, in the early stages of my first business, I remember sitting at my desk in my one-bedroom, loft apartment as a 20-year-old and having an epiphany while looking at my VoIP phone. You may not remember those, but they were the phones that gave you...
Visas, Citizenship, and Passport FAQs
Last Updated July 25, 2020 Dateline: Kuala Lumpur, Malaysia Every month, I get all sorts of questions about everything from second passports to offshore banking. Between this blog, my YouTube channel, and Quora, I've noticed a few questions from my followers that seem...
Most Recent Posts
13 Passports on China’s Visa Free Countries List
China is, undoubtedly, one of the most popular and populated countries in the world. If you’re an entrepreneur or an investor, then you might find yourselves coming and going to the country frequently. But is your passport on China’s visa free countries list?...
Dominica Citizenship by Investment: Application Guide & Alternative Programs
When it comes to the Caribbean, one worries that the government officials there are on “island time”. Things might happen very slowly. But this isn’t an issue when it comes to getting the Dominica passport through its CBI program. The Dominica citizenship by...
The UK Investor Visa | Eligibility & Application Process
The UK has held its place as one of the highest regarded countries in the investment immigration industry. But we have few reservations when it comes to investing and residing in the UK, especially when it comes with such a high price for investors. Here is everything...
Moving Overseas | The Best Destinations for the Super Rich
In the last few decades, there have been constant talks about moving overseas. However, this isn’t something that has always come to fruition. Even for the super rich, some have opted to remain in their birth countries. Though, there may have been countless countries...
How to Become A Millionaire Entrepreneur
Recently, we were asked a question by someone who wants to become a seven-figure entrepreneur. Although, these days, the question on everyone’s mind is practically the same. It always goes down to how to become a millionaire entrepreneur. These people said that they...
Gold vs Crypto | Robert Kiyosaki’s Thoughts on Investments
There’s a lot of ongoing debate about whether cryptocurrency is taking its place in our society in today’s day and age. Although, one of the most controversial topics is whether we should be investing in gold vs crypto. Yes, it’s an integral part of our economy now,...
Start Your Offshore Journey Today
The Nomad Capitalist team has helped hundreds of people create and execute holistic offshore plans to help them legally reduce their taxes, become dual citizens, and live the Nomad Capitalist lifestyle of success