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How to Obtain French Citizenship By Descent
With its culture and charm, France has the world at its feet. There is nothing more romantic than sipping champagne at the Eiffel tower in Paris, the world capital of Haute fashion, fine art, and delectable baked goods. Have you always adored the nonchalant French way...
How to Get Irish Citizenship by Descent from Grandparents or Great Grandparents
Last Updated January 27, 2022 Dateline: Belgrade, Serbia Ireland is one of my favorite countries on earth, and for good reasons. I first came to Dublin over seven years ago and, in the eight or nine visits since, I can honestly say I’ve never met anyone here who was...
The 8 Most Livable Cities in Southeast Asia
Dateline: Tbilisi, Georgia Southeast Asia is one of the first places people try out when they start their nomadic lifestyle. It’s cheap, it’s warm, it’s easy to get to, and it’s a lot of fun. But what people often don’t consider is that it’s more than just a...
Double a Penny for 30 days… Now Pay Taxes
Dateline: Kuala Lumpur, Malaysia At Nomad Capitalist, we tend to speak primarily to six- and seven-figure entrepreneurs. As such, many of my articles on finance are meant for people who already know what they’re doing with money. If you have a boatload of debt or your...
The Best Offshore Banks for 2022
Last Updated: June 6, 2022 Dateline: Kuala Lumpur, Malaysia When we write about offshore banking, one of the most common questions that we get from readers is, “what are the best offshore banks?” If you’re a six- or seven-figure entrepreneur or investor, then...
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...
15 Easy Second Residency Programs Anyone Can Get
Dateline: Kuala Lumpur, Malaysia Of everything that I’ve published, my most popular articles are – by far – the ones that deal with getting an easy second residency. Whether it’s quick citizenship by investment programs or places where you can live...
16 Countries with No Income Taxes
Dateline: Manama, Bahrain At Nomad Capitalist, our motto is simple: go where you’re treated best. But where do you find that place? Part of going where you’re treated best is up to personal preference. You may enjoy living in big cities like I do, or you may never...
Back to the Gold Standard: Will there be a Gold Backed Currency?
Dateline: Dubai, United Arab Emirates Several years ago, nearby Abu Dhabi installed one of the world's first gold ATMs, allowing customers to withdraw fiat currency in term of everything from one-gram gold nuggets to larger gold bars. The media has often been aflutter...
10 Non-CRS Countries For Banking Privacy in 2022
Dateline: Kuala Lumpur, Malaysia As is the case in most countries, Malaysia has made it harder for foreigners to open a bank account in recent years. When we first started exploring this “muddy estuary” six years ago, the process was straightforward but required a few...
The World’s Highest Interest Rates at Offshore Banks 2022
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...
Europe’s Golden Visas: 7 Highly Pursued EU Residence Programs
Find out which European countries grant foreigners a residence permit in exchange for their investment dollars. It doesn’t matter what you call it: a Golden Visa, residence by investment, or an immigrant investor program. What is important, and plain as day, is that...
The Largest Value Banknotes in the World
Dateline: Singapore All around the world, the War on Cash is intensifying. Just recently, a friend of mine in Chicago called me with what he thought was a weird story: he was trying to deposit $500 into his friend’s bank account at a local bank branch, and the bank...
The 15 Easiest and Cheapest Second Residencies in the EU
Last Updated July 28, 2020 Dateline: Cancun, Mexico I recently met up with my friend Tim. He is originally from the UK but had just completed his Ph.D. in the Netherlands. While there, he met his girlfriend of two years who is originally from Taiwan. On her residency...
15 Countries with the Highest Tax Rates in The World in 2022
Dateline: Kyiv, Ukraine We just keep talking and writing and shouting about taxation here at Nomad Capitalist, the same way Europeans and Americans deliberate over football. Yes, I’m aware that they are not talking about the same thing, despite bearing the same name,...
11 Countries with The Lowest Taxes in Europe: 2022 Tax Guide
Ever dreamed of living in Europe? Many of us have. However, Europe’s stereotypically high tax rates have turned many successful entrepreneurs and investors away from the idea in search of zero-tax countries in the Caribbean, Middle East, or the Pacific Ocean. Here’s...
31 e Visa Countries to Visit: The 2021 Ultimate Guide
Last updated September 9, 2021 Dateline: Wroclaw, Poland It’s been four years since I wrote one of our most popular articles on which countries offer dual citizenship. Since then, we’ve updated the article and added new countries. However, one thing remains the same:...
The 5 Best Countries for Judicial Independence and Rule of Law
Compiled from the World Justice Project’s Rule of Law Index, this list ranks the top five countries with the highest adherence to the rule of law from the perspective of its citizens or residents. 113 countries and their jurisdictions are considered when compiling...
How Not to Pay Taxes: Four Legal Ways to Not Pay US Income Tax
Dateline: Kotor, Montenegro Today we’re just going to jump right in. You’ve come for my best advice, and that’s what you’re going to get. US citizens run in circles to get tax breaks. These include all sorts of tax credits, from the child tax credit to the earned...
The five richest countries in the world
Dateline: Tbilisi, Georgia When defining the world’s richest countries, people tend to look at the strength of the respective economies in terms of Gross Domestic Product, or GDP. However, most economists nowadays take into account the purchasing power parity (PPP) of...
Pay Zero Income Tax With Non-Habitual Residence in Portugal
Updated: July 27, 2020 Dateline: Valencia, Spain I don’t spend much of my time in Western Europe for a reason; but I’m currently in Spain and I just might visit Portugal in the coming days, as well. It’s been almost seven years since I was last in Portugal and quite a...
Get Second Residence and Pay No Tax in 25 Tax-Free Countries
Last Updated February 3, 2022 Dateline: Singapore Having a second citizenship is an important part of international diversification, but having a backup passport alone does not end your tax obligations if that is your goal. US citizens can have as many passports as...
The Fastest Countries in The World to Become a Citizen
Last Updated December 9, 2019 Dateline: Tirana, Albania On my Youtube Channel, the most commonly asked question by far is, "where can I go to quickly get a second passport?" While people have always asked me about getting a second citizenship quickly, this question...
No Language Barrier: 15 Expat-Friendly Countries That Speak English
Dateline: Kuala Lumpur, Malaysia You’ve been itching to live abroad or start working towards a second passport, but one thing stops you. You’re monolingual. “Do you speak English?” – asking this over and over again and fumbling for the right words to order a coffee or...
How to Get Brazilian Citizenship by Marriage or Residence by Investment
Dateline: Florianopolis, Brazil Whatever may be your reason to get a second nationality, whether it’s for work or simply a life decision, Brazil offers incentives for foreigners to become a part of its vibrant nation. With Brazilian citizenship, the entire South...
Citizenship by Marriage: 13 Passports to get by Marrying a Foreigner
Dateline: Tokyo, Japan For years, the stereotype of marrying a foreigner for a green card has been prevalent in the Western world. In modern Western culture, it is assumed that someone from an emerging economy marrying a US person or other Westerner is merely seeking...
Countries With No Property Taxes Where You REALLY Own Your Home
Updated: July 21, 2020 Dateline: Belgrade, Serbia Here at Nomad Capitalist, we frequently discuss the idea that governments thrive on taxing the “evil rich.” It also gives birth to the question whether such a utopia exists where there are no property taxes. It’s no...
10 countries with the safest offshore banks in 2021
Updated May 13, 2021 Dateline: Mexico City, Mexico If you’re new to the world of offshore banking, you may be concerned about bank safety. After all, some may still believe that their money will simply vanish if they move it overseas. You may not know that almost...
Which Countries Allow Dual Citizenship in 2022?
Dateline: Wroclaw, Poland Obtaining a second citizenship is an important step in internationalizing your life so that no one country can control your freedom or your wealth. And here at Nomad Capitalist, we help people like you do just that. But having a second...
9 Expat-Friendly Countries with No Capital Gains Taxes
Last updated October 12, 2020 Dateline: Tbilisi, Georgia Here at Nomad Capitalist, we are about going where you are treated best, which includes legally finding ways to avoid paying taxes that discourage smart investments and disrespect your capital. We travel...
How to Get South Korean Residence and Citizenship
Last Updated: April 26th, 2022 Dateline: Seoul, South Korea Which is the best Asian citizenship in the world? While we don’t talk about South Korea a lot, South Korean citizenship is one you may want to consider. South Korea, while a bit of a mystery to...
The Best Non Extradition Countries to Become Invisible in 2022
Dateline: Nogales, Mexico I have just finished the movie Snowden and the topic of privacy, surveillance, and being an international spy is on my mind. The story, of course, is a political thriller that follows the 2013 leaking by Edward Snowden of top-secret...
How to Open a Gibraltar Offshore Company
Opening an offshore company is a great tool that should be part of every wealthy person's repertoire. And if you're a six- or seven-figure entrepreneur, the amount you can save from offshoring your business is likely in the millions. If it's your first time hearing...
Five Places For Affordable Caribbean Living
Who wouldn't want to live by the beach, enjoying the sound of the waves crashing against the shores? Living in the Caribbean is alluring for pretty much everyone. Even if you're a city dweller at heart, there comes a time in every person's life when they want to...
The World’s Best Countries to Retire In
The world is a big place, and if you are choosing one of the best places to retire, it can also be daunting. There are thousands of places you can choose as your next home, but where do you start? What makes one country better than another? Is it because...
How to Replace Medicare When Moving Overseas
One of the most common questions Americans ask when moving is how to replace Medicare abroad? In recent years, there has been an exponential increase in the number of entrepreneurs and investors moving abroad. This is partially due to business and investment...
5 Things I love about Tbilisi
There is no doubt that we love Georgia here at Nomad Capitalist. From its simple real estate investment market to its fantastic offshore banking. Not to mention it's low taxes. The country offers some of the most wanted amenities any entrepreneur or digital nomad...
Your IRA Retirement Account And Moving Overseas
The idea of looking at a qualified IRA Retirement Account only comes up once for most ordinary citizens. Although this is something that most people should look into. Not only that, but some people often extrapolate what we talk about here at Nomad Capitalist. They...
How to Achieve Overseas Connection – A Talk with Doug Casey
For most businesses and aspiring entrepreneurs, achieving more overseas connections is something they should be doing. That’s a no-brainer. During the most recent Nomad Capitalist Live, we had the privilege of having the original “international man,” Doug Casey, speak...
Three Entrepreneurial Steps Paving Your Offshore Success
What kind of entrepreneurial steps do you need to take to ensure that your business will flourish even though you’re going offshore? Here at Nomad Capitalist, we always talk about the benefits of growing your business even from scratch. Either you’re legally reducing...
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...
How to Internationalize Your Life Amid Pandemic 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....
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...
Form 8858: US Taxes on Foreign Disregarded Entities
As an expat or U.S. taxpayer who owns a foreign business or an interest in a foreign business (corporation, partnership or LLC), there are a number of forms that you must complete and file with your standard 1040F income tax return. These forms are typical...
Form 8865: Tax Returns for Foreign Partnerships
As readers of this site know, the United States taxes its citizens (including expats who live and work abroad) and legal permanent residents (LPRs) on their worldwide income. No matter where in the world your income is derived, the US government wants its piece, and...
Form 3520: US Taxes on Gifts and Inheritances
You’ve probably heard the expression that the only two things certain in life are Death and Taxes. The United States’ Internal Revenue Service (the IRS) works very hard at making the second item in that short list true, especially for expats and US foreign...
FinCEN 114: Everything You Need to Know
If you are a citizen (resident or non-resident) of the United States, green card holder, or resident alien who has a financial interest in or signature authority over a foreign financial account or accounts whose combined value is $10,000 or more in any calendar year,...
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...
How to Open a Bank Account in Malta
Dateline: Istanbul, Turkey In the world of offshore banking, the targets are constantly moving, so you must always be prepared to keep up with various destinations, tax legislation, and banking systems - especially when they can force you to switch up your offshore...
What is FATCA?: the Ultimate Guide
Dateline: Kuala Lumpur, Malaysia Just about a decade ago, US President Barack Obama signed FATCA – or the Foreign Account Tax Compliance Act – into law. FATCA marked the beginning of a new era of increased transparency in offshore banking that has effectively killed...
The Best Offshore Banks for 2022
Last Updated: June 6, 2022 Dateline: Kuala Lumpur, Malaysia When we write about offshore banking, one of the most common questions that we get from readers is, “what are the best offshore banks?” If you’re a six- or seven-figure entrepreneur or investor, then...
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 is "tax...
How to Open an Offshore Bank Account in Belize
Dateline: Kuala Lumpur, Malaysia An increasing number of people around the world have turned to offshore banking as a legal way to diversify and protect their assets while enhancing their ability to invest in foreign markets. The world of offshore banking, however,...
A List of the Best Offshore Private Vaults
Dateline: Singapore I've been fascinated with the concept of offshore private vaults and safe deposit boxes for years. Basically, a private vault is an alternative to a bank safe deposit box. Some vaults are ultra-high-security refuges fit for...
Offshore Life Insurance: the Last “Tax Shelter” for US Citizens
Dateline: Kuala Lumpur, Malaysia When it comes to taxes, US citizens get a raw deal. Not only do they have to pay tax on their worldwide income, but they have to pay it regardless of whether or not they actually live there. Aside from a bit of foreign earned income...
1% Tax Rate in Europe: How to Start a Business in Romania
Last Updated August 2, 2021Dateline: Bucharest, Romania I can still remember the “Aha!” moment I had on my first visit to Bucharest years ago. I was sitting with a young woman at a cafe discussing her role in managing a digital marketing agency. She was confident,...
How to Open an Offshore Bank Account in Bermuda
Dateline: Kuala Lumpur, Malaysia For the past few years, I've advocated the idea that onshore is the new offshore, so you might be wondering why I decided to write about opening a bank account in Bermuda - a classic offshore destination. This philosophy, however, is...
What is the Common Reporting Standard (CRS) for Banking?
Dateline: Kuala Lumpur, Malaysia Over the past decade, the world of offshore banking has changed for good. In the past, most people viewed offshore banking as a way for the ultra-wealthy to hide their money in secretive vaults in order to evade taxes, and that...
Why Remote Banking Isn’t Worth It in 2021
Dateline: Kuala Lumpur, Malaysia Whenever I post about offshore banking, my followers often ask me whether they can open an offshore bank account remotely. There's something about opening a bank account from the comfort of your living room that's just plain appealing....
Offshore Banking for People with Limited Money
Dateline: Kuala Lumpur, Malaysia In the world of offshore banking, there's plenty of misinformation floating around the internet. Just last week, we debunked the myth that US citizens can't open offshore accounts, so today, I want to address...
Can US Citizens Open Offshore Bank Accounts?
Dateline: Singapore When I started Nomad Capitalist, one of my primary goals was to counter some of the bad information out there on the internet about topics like opening offshore bank accounts and getting residency in other countries. See, after I decided to leave...
US FEIE: How the Bona Fide Residence Test Works
Last Updated August 14, 2020 Dateline: Kuala Lumpur, Malaysia If you're a US citizen looking to legally reduce your tax burden, chances are you've considered pursuing the Foreign Earned Income Exclusion. Since the US uses a system of citizenship-based taxation, US...
11 Reasons to Use an Offshore Company for Business
Dateline: Kazbegi, Georgia Despite what the media would have you believe, there are numerous legal and legitimate reasons to use an offshore company. In the past, those who dealt in offshore circles used fake names and fake stock photos as they sought to represent the...
Mauritius Offshore Companies for Tax Reduction: An Introduction
Dateline: Tbilisi, Georgia ''Heaven was copied after Mauritius.''Mark Twain One of the most satisfying realizations I have made over the years living, doing business, and investing abroad is that the freedom and financial success I have achieved is part of a mutually...
Where to incorporate your Amazon FBA business to reduce taxes
Dateline: Kotor, Montenegro Lots of entrepreneurs with fast-growing e-commerce businesses want to know “Where do Amazon FBA sellers and Shopify store owners set up their corporation to do business?” Generally, this differs from person to person. For one thing, it...
When you should incorporate your new business
Dateline: Ulaanbaatar, Mongolia Due to money issues, many people like to run their business with themselves as the sole proprietor for as long as they can. They bootstrap their company because they do not have a lot of money and are trying to avoid the financial costs...
How to Open Offshore Accounts and Start Banking Remotely
Dateline: Tbilisi, Georgia I know that a lot of people are using Google to search for the best way to open offshore accounts and are looking for information about how to do all their offshore banking without having to leave the comfort of their couch. I actually think...
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...
A New World Requires New Tools and Services
Dateline: Oslo, Norway + Budapest, Hungary I’m starting this article at the airport in Oslo, Norway. I’ll finish and send it from a hotel room in Budapest, Hungary. Thirty years ago, based on that information, you might have guessed I was an executive with a big oil...
The coming offshore tax haven blacklist
Dateline: Valencia, Spain Shortly following the release of the Panama Papers, I saw an article discussing the response of many leaders in the EU to the historic data leak. The finance ministers in Britain, France, Germany, Italy and Spain declared their intent to...
7 Reasons to Set Up an Offshore Company in Tbilisi, Georgia
Guest Contributor: Jon Erikson is a writer based in Tbilisi, Georgia. His experience consists of consulting for clients in the public and private sectors. Dateline: Tbilisi, Georgia If you visit this site regularly, you know that we can’t find enough good things to...
Will Hillary or Trump repeal FATCA… or make it worse?
Dateline: Tbilisi, Georgia I’m not a fan of the idea of Donald Trump becoming president; and it’s not often you will hear me defend anything he says, but today I am going to do just that. You see, President Obama recently commented on Trump’s plan to build a wall...
Offshore Case Studies: Helping Cameron find the path offshore
Dateline: Tbilisi, Georgia One of the best ways to envision your life offshore and the steps you need to take to get yourself there is to see how other people have done it. No doubt, you can learn quite a bit from my personal experiences, but I’m just one person. So...
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...
The Panama Papers: What the news media won’t tell you
Dateline: Tbilisi, Georgia I don't often comment on news stories, and even more rarely so quickly, precisely because I'm not a news reporter. I study long-term trends, whereas the news comes and goes with every 24-hour news cycle. One of those trends is that the world...
Five offshore myths to be careful of (Hint: “cheapest offshore” is bad)
Dateline: Hong Kong Two persistent myths surrounding offshore strategies are that they are either illegal or that they are for the rich. As we frequently discuss, this is not the case, but old myths die hard. The government-friendly, tax-loving western media certainly...
Why international companies are moving to Hong Kong
There are several reasons why companies are moving to Hong Kong. Hong Kong is a great place to go for anyone looking to start a business offshore. The list of successful Hong Kong companies is endless, with some of the most prominent ones being: Apple, Amazon,...
How to Move Money Offshore: 5 Ways to Fund an Offshore Account
Last updated February 20, 2021 Dateline: Singapore Having an offshore bank account — or two… or three — is an important step in planting flags around the world. As we often discuss, the actual opening of an account is relatively easy, and you don’t need a lot of...
Do you qualify to go offshore?
Dateline: Kuala Lumpur, Malaysia I just wrapped up a highly successful weekend Mastermind event for our Nomad Society Members here in Kuala Lumpur, and not only did those attending learn a lot of new ideas, but I did as well. What surprised many who attended was just...
6 Offshore Jurisdictions for Companies to Avoid in 2021
Dateline: Kota Kinabalu, Malaysia Too many folks who are going offshore for the first time make one big mistake that ends up costing them a lot of problems, money, and even legal issues. The mistake? Setting up an offshore company, opening a bank account, and...
How to affordably ship your gold and silver overseas
Dateline: Singapore When it comes to storing gold offshore, a common question is "how do I ship the gold I already own overseas?" In our Nomad Guide: Offshore Gold, we recommend that those with large gold holdings - into the six figures - ship their gold using a third...
What Is A Private Bank Account? And How to Get One
Last Updated July 25, 2020 Dateline: Warsaw, Poland One of the biggest challenges in the world of offshore strategies and flag theory is one that many other businesses face. The advent of the internet has allowed anyone, in any corner of the planet, to talk about...
How to prepare for a financial disaster with Financial Emergency Preparedness
Dateline: Bucharest, Romania Many of us have lived in a geographic location that is subject to some form of natural disaster. Earthquakes, tornadoes, hurricanes, and even heavy rain or snowfall can cause a very serious disruption of basic services. Anyone who has been...
Why Banking with HSBC Hong Kong is No Longer Appealing
Dateline: Barcelona, Spain Admittedly, I’m not a “movie guy”, but one of my favorite movies of all time is the James Bond flick, The World is Not Enough. In the first scene of the movie, Pierce Brosnan is in Bilbao, Spain haggling with Swiss bankers who helped...
How to secede from your country: a story of Venetian independence
Dateline: Venice, Italy In 421, wealthy merchants from Padua in what is now Italy founded the Republic of Venice to serve as a trading post on the Adriatic Sea. Back then, the Rialtine Islands and surrounding areas were little more than a somewhat organized group of...
The Best Offshore Banks for 2021 (Even for US Citizens)
Last Updated: August 4, 2021 Dateline: Kuala Lumpur, Malaysia People often wonder which country has the best offshore banks. And if you’re a six or seven-figure entrepreneur, you may be fairly protective of where you’re going to diversify your assets; you...
Don’t fall for the “one size fits all” offshore service providers
Dateline: Istanbul, Turkey “Please take one. Sir, take one... it’s poison.” So goes the call of sellers offering Turkish nuts, spices, and teas enticing passersby to try their free samples. While merchants at Istanbul’s tourist bazaars are notoriously closed to...
Don’t do THIS if you want personal and bank secrecy offshore
Dateline: Kuala Lumpur, Malaysia If you were raised in the western world, chances are you were raised to respect "the rule of law". Taught that good trumps over evil and that government regulations exist for a reason: namely, to protect the "common good" against some...
Prosperity vs. regulation: you’re poorer thanks to your government
Dateline: Kuala Lumpur, Malaysia Almost ten years ago, the bureaucratic thugs at the Organisation for Economic Co‑operation and Development got together in Bangladesh to discuss how to increase business and reduce inequality in frontier economies here in Asia. These...
How to avoid paying high taxes: lessons from the middle of nowhere
Dateline: Kuala Lumpur, Malaysia In the middle of the Indian Ocean's Mozambique Channel between Madagascar and continental Africa lies a tiny reef called Banc du Geyser. The Banc du Geyser is a largely submerged reef barely a few miles at its widest point. For most of...
Can I Use a Gold IRA to Move My Precious Metals Offshore?
Dateline: Belgrade, Serbia "Gold is money. Everything else is credit." Those were J.P. Morgan's remarks to the US Congress in 1912. What happens if you have a nest egg built up in in an IRA or 401(k), but your investment options are limited to mutual funds that...
22 euros: the low cost of starting a business in Montenegro
Dateline: Tivat, Montenegro Traveling around the world full-time, I begin to sound like a broken record when I proclaim that another emerging market is booming like you wouldn't believe. To be honest, parts of Europe have been downright disappointing. Countries that...
Protect Your Business Privacy with an Anonymous LLC
Dateline: Budva, Montenegro Not owning a car, I have almost forgotten just how much fun the occasional road trip can be. Yesterday afternoon, I hired a driver in Albania - who didn't speak any English - to bring me here to one of the hottest summer party stops in...
Should you avoid these four international investing mistakes?
Dateline: Skopje, Macedonia Economic growth here in Macedonia has floundered since the global recession as the country grapples with the issues surrounding it in Europe. Heck, Greece is just a stone's throw away. However, looking to Europe is not exactly the best...
Countries With No Property Taxes Where You REALLY Own Your Home
Updated: July 21, 2020 Dateline: Belgrade, Serbia Here at Nomad Capitalist, we frequently discuss the idea that governments thrive on taxing the “evil rich.” It also gives birth to the question whether such a utopia exists where there are no property taxes. It’s no...
Anonymous gold storage at Das Safe in Austria
Dateline: Vienna, Austria I took the train over from Bratislava to spend a day in one of Europe's best-loved cities: Vienna, Austria. Sadly, I won't be staying in Austria long enough to take in one of the city's top-notch classical music performances. Rather, I'm here...
10 countries with the safest offshore banks in 2021
Updated May 13, 2021 Dateline: Mexico City, Mexico If you’re new to the world of offshore banking, you may be concerned about bank safety. After all, some may still believe that their money will simply vanish if they move it overseas. You may not know that almost...
The Five Highest Bank Interest Rates in Emerging Markets
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 yields are...
Five offshore banking countries Americans should avoid
Dateline: Wroclaw, Poland For years, the United States and its cronies at the OECD have led a campaign to shut down offshore banking countries that didn't goose-step along with their goals of global financial transparency. Countries like Switzerland that have enforced...
British offshore bank account holders threatened with jail
Dateline: Wroclaw, Poland For years, Americans have had all the fun. The US government has been the most aggressive, bar none, in going after tax evaders who put money in offshore bank accounts. And in the process, they've created laws like FATCA to make it harder to...
The best offshore web hosts and VPS for privacy and anonymity
Dateline: Lodz, Poland If you maintain an online presence or run an online business, you should be using Flag Theory to make sure you are well diversified. Common examples like internationalizing your email and your website are important. You should already know that...
Is Denmark the new offshore Swiss bank account?
Dateline: Copenhagen, Denmark I'm in Denmark for all of six hours on a purposefully scheduled layover. To be honest, Denmark is one of the few European countries I haven't been to and I wanted to at least pop in for a quick visit. Denmark is an interesting place. On...
9 Expat-Friendly Countries with No Capital Gains Taxes
Last updated October 12, 2020 Dateline: Tbilisi, Georgia Here at Nomad Capitalist, we are about going where you are treated best, which includes legally finding ways to avoid paying taxes that discourage smart investments and disrespect your capital. We travel...
Do Anonymous and Numbered Offshore Bank Accounts Exist?
Last Updated July 25, 2020 Dateline: Helsinki, Finland Who would have thought that bankrupt governments would get so many benefits out of drug dealing, terrorism, and money laundering? For decades, people around the world protected their money and their identities...
How an offshore Self-Directed IRA can protect your retirement account
Dateline: Helsinki, Finland Keeping your retirement nest egg offshore could earn you higher returns and offer protection from government confiscation in an age of sovereign defaults. Around the world, retirement account confiscation is a huge issue. Governments around...
You may be guilty of money laundering until proven innocent
Dateline: En route from Riga, Latvia to Tallinn, Estonia Are you guilty of money laundering? Before you answer, think again ... New laws in bankrupt Europe will FORCE you to prove that you're not an evil tax evader ... before you even get your hands on your cash....
How to open an offshore bank account with only $500
Dateline: Vilnius, Lithuania I have to admit, living smack in the middle of Old Town Vilnius has put me in an excellent mood during my stay here. Looking out the window and seeing the charming capital city, with its cobblestones, endless pedestrians, and excellent...
A word of caution on Panama banks and offshore accounts
Dateline: Managua, Nicaragua In the movie Blow, Johnny Depp plays Pablo Escobar's largest cocaine trafficker during the boom era of the 1980s. At one point, Depp's character is responsible for 85% of all cocaine brought into the United States. Interestingly, he puts...
Why offshore banking in Latvia is the new hotspot
While Latvia is quite chilly now, the Latvian banking sector is heating up with foreign deposits. Dateline: Chicago, United States I’m spending a few days with business associates here in Chicago after wrapping up our Passport to Freedom event in Las Vegas. The event...
Want to Set Up A Singapore Company? Here’s Your Full Guide
Dateline: Singapore As a contrarian entrepreneur and investor, I like to zig where others zag. Especially in lower-end businesses, many just follow the herd mentality and don't think about the ramifications of decisions they make for their business. And honestly, I...
The Best Offshore Havens for Bank Secrecy
Last updated November 14, 2020 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...
Are high interest rates on emerging market currencies worth it?
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 talked about...
How Hard Is It to Open a Singapore Bank Account Now?
Reporting from: Bangkok, Thailand Remember when you were a little kid and you'd go to your friends' birthday party to eat cake and play party games? Even at seven years old, I was overly anxious for my age, and one game in particular really got me going: musical...
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. The idea...
Why Chinese millionaires are internationalizing their assets
Reporting from: Phnom Penh, Cambodia It's an open secret in many parts of the world that the leaders at the top, and their families, have offshore bank accounts to protect themselves against the currencies that they themselves are busy devaluing. It's the very...
Cambodia’s microfinance institutions: small banks, big interest rates
Reporting from: Phnom Penh, Cambodia Let's discuss the cost of freedom. No, I'm not talking about political speak for sending soldiers to war to kill people in other sovereign countries, or that we should worship our government. I'm talking about the cost of time and...
Offshore banking options shrink as another Isle of Man bank closes
Reporting from: Phnom Penh, Cambodia I have an appointment at the US consulate here in Phnom Penh today. I fully expect to be subjected to ridiculous rules, long wait times for my "appointment", condescending staff, and even more fun. Why? Because large, cumbersome...
Banking in Vietnam Dong: Fiat Currency Russian Roulette
Reporting from: Ho Chi Minh City, Vietnam I became an instant millionaire the other day. It wasn’t a particularly momentous occasion. Nor can I remember exactly where I was when it happened. For it was as simple as going to the ATM. Two minutes and six million...
The Offshore Voluntary Disclosure Program: how to get screwed
Reporting from: Ho Chi Minh City, Vietnam In 1725, a Swedish man sat in the bedroom of his mansion, gun to his head. He was Simon Affleck, a tax collector appointed by the King of Sweden to shake money from peasants in Swedish-controlled Finland. He was so feared and...
Hong Kong Banks don’t want your money
Dateline: Hong Kong I must have passed by a hundred beautiful women on the streets of Hong Kong today. You could throw a stone and hit a dozen Hong Kong banks at any point on streets like Des Voeux and Queen's Road in the Central district. And on a Thursday morning,...
4 Reasons to Use A Hong Kong Corporation for Your Business
Dateline: Hong Kong I often ponder why anyone with an internet or location-independent business sets up shop in their own country. Especially someone who lives in a place as non-business friendly as California. If you're running a cement mixing company in Ohio, you...
Scare tactics the IRS uses to discourage offshore banking
I spent this past weekend at the Liberty Mastermind conference in Dallas, it was half-jokingly suggested that the organizers might as well have hosted a liberty event in North Korea. In the Land of the Free, it's no secret the IRS and other Big Government agencies...
How To Get Offshore Gold Storage In Singapore
Last Updated September 15, 2020 Dateline: Singapore Is it possible to find free storage for your precious metals overseas? Perhaps. There are two different ways you can store your gold offshore. One is in a bank. The other is outside of the banking system. ...
How to Get Ecuador Residency and Citizenship by Investment
In this article, we look at the different ways to get a residency visa in Ecuador and how to become an Ecuadorian citizen. We look at temporary residency and permanent residency applications, the documents required and the steps involved. We will focus on the five...
Egyptian Citizenship by Investment: The Ultimate Guide
Egyptian citizenship by investment is a niche program, primarily for people who want to either invest in Egypt specifically, or for investors looking to gain a foothold within the Middle East and/or African market. While Egypt's program might not be suitable for...
How to Establish Tax Residency in Cyprus
Why Cyprus? Simply put, due to its favorable tax regime. There is no capital gains tax on assets other than immovable property located in Cyprus. No Wealth or inheritance taxes. But the main advantage of Cypriot Tax Residence is so-called non-domiciled taxation....
Armenia Plans to Offer Citizenship for $100-150K Investment
We already highlighted Armenia as offering one of the world’s easiest citizenships and passports for 2022. There has been further development this October that makes it even easier for you to pocket a shiny new Armenian passport. While an Armenian passport is a Tier C...
Ways You Can Get Your Citizenship Revoked and How to Avoid It
Over the years, we've dealt with many people looking to go where they are treated best with the help of our holistic strategies. Citizenship planning is a significant part of our process. Having dealt with as many people as we have, we've realized one thing - the idea...
Best Countries to Live in, Incorporate, and Be a Citizen
People often ask us these questions: What are the best countries to live in?What are the best countries to incorporate a business?What are the best countries to get citizenship or residency? Did you spot the common theme? Everyone wants to know the best country to...
The Most LGBTQ-Friendly Countries for Retirement
Our world is getting more broad-minded and tolerant of diversity. But before making a life-changing decision to retire abroad, it's crucial to be 100% sure that the country provides support and respect for your identity. There are many countries to retire in but for...
How to Get Armenian Citizenship and Residence: The Ultimate Guide
Gone are the days when North America and Western Europe were considered the pinnacle of civilization, modernity, and progress. The world has become a global village. Previously poor or distressed countries cleaned up their act and emerged as the most desired countries...
How to Get a Bahrain Golden Visa
What are the Advantages of a Golden Visa in Bahrain? You will probably have a vague knowledge of Bahrain but would struggle to pin its location. Bahrain is a Middle East micro-state basking in a bay on the southwestern coast of the Persian Gulf. On February 7, 2022,...
Top 5: Best Quality of Life Countries in Europe
Many EU countries offer high quality of life. Freedom. That's the word we value the most in Nomad Capitalist. Freedom to live a life as you want and especially where you want. Looking for a better and brighter future is in our DNA. Go where you're treated best. That's...
Living in Belize: An Expat Guide
This expat guide is all about pros and cons of living in Belize. Belize is known as the jewel in the heart of the Caribbean basin. This small English speaking country in Central America has gorgeous nature, a slow pace of living, and locals who welcome expats with...
How to Get Romanian Citizenship by Descent
When you look at the world in general, you'll find popular countries and you'll find underrated countries that may not be known by most, yet they provide tons of value. We call these countries, hidden gems. In the world of RCBI (Residence/Citizenship by Investment),...
Retire in Panama: The Ultimate Guide for 2022
Benefits, challenges, and more - this article will discuss everything there is to know about retirement in Panama 2022. According to a study, an average person will spend 90,000 hours at work over a lifetime - that's one-third of their life. After giving a lifetime of...
Retire in Mexico: The Ultimate Guide for 2022
Mexico can become your perfect place to retire. After years of working non-stop, closing multi-million dollar deals, and expanding your business, this time has finally come. The time to think about your retirement in an idyllic place. But where should I go, you may...
Safest Countries for Women to Visit in 2022
Traveling solo is an eye-opening experience. Yes, I'm traveling the world solo. Hearing this from a female traveler in the past was unusual and even crazy, right? But in our modern world, solo female travel is getting increasingly popular. It's empowering, exciting,...
How to Get Bulgarian Citizenship by Descent: The Ultimate Guide
As holistic service providers, we, at Nomad Capitalist, always strive to stay on top of everything in the world of immigration, taxation, RCBI, and everything related to it. We do all the legwork so you don't have to. When seven to eight-figure investors, businessmen,...
Digital Nomad Visa to Get in 2022
The entrepreneurial landscape has drastically changed in the past years. The Covid pandemic highlighted the need for a more borderless way of doing business, cryptocurrency's importance, and offshoring's benefits. This, in turn, snowballed to global citizenship and...
5 Asian Countries with the Best Quality of Life
This article taps on two of our favorite topics – Asian countries and high quality of life. One look at our blogs or videos is enough to realize how we prioritize having a good quality of life. We aren’t a tax firm or a travel agency, and we are not even an...
How to Leave The US and Where to Go Next: 5 Easy Steps
A record number of people are looking to leave the US after the recent overturning of Roe v Wade but that's not the only reason Americans are leaving. Wondering how to leave the US? You are not alone. America has come a long way since its independence in 1776. Once a...
UK Citizens Will Need ETIAS Visa Waiver to Enter EU Schengen Area
Starting from 2023, UK citizens will need to apply and pay for an ETIAS visa waiver to enter the EU Schengen area. The pandemic has been anything but gentle to travelers. A great number of people found themselves stuck in one place, with their lifestyle compromised....
The 10 Worst Passports in 2022 (And Why They Don’t Matter)
Passports are a physical representation of power, privileges, and rights. Having one of the most powerful passports opens more doors—in this case, borders that can improve your life. The best passports in the world give you the right to visit, stay longer, seek...
New Germany Travel Restrictions for Safer Travel in Autumn
Covid travel restriction in Europe has generally eased. But after a recent increase in covid infections, the federal government of Germany is proactively preparing a protection plan for autumn. According to a Reuters report, German Health Minister Karl...
A Latin American Landmark Turn: Petro Plans to Resume Colombia-Venezuela Diplomatic Relations
US citizens are often perceived as oblivious or even self-centered when it comes to being aware of the global economic landscape. Many US citizens don’t even know what is happening outside of their state and many even prefer it that way. Most US citizens won’t even...
The World’s Easiest Citizenships and Passports for 2022
One of our most sought-after services here at Nomad Capitalist is helping people get second residencies. Clients often come asking what is the quickest and easiest way to get residency somewhere outside of their home country. They want to have a Plan B, including a...
7 Easy “Back Pocket” Residence Permits in Europe
It’s common knowledge that the United States, Canada, and other similar western countries have lost their charm. Many people don’t even want to do business there. It has become well-known now that Asia is the place to be. However, regardless of this global change in...
How to Get Cambodian Citizenship: the “Weird” Investment Program
https://www.youtube.com/embed/iNrHd6A_Q_M Cambodia, is a nation in Southeast Asia with low-lying areas, the Mekong Delta, mountains, and a coastline on the gulf. The Art Deco Central Market, the sparkling Royal Palace, and the archaeological and historical...
The 2022 North Macedonia Citizenship By Investment Program
The North Macedonian citizenship by investment program has been around for a while now, but you probably haven't heard. Due to the government's lack of marketing and North Macedonia being a somewhat under-the-radar country that gained NATO membership since March of...
The Second Citizenship Tax Mistake
At Nomad Capitalist, we've often had people come up to us with the impression that they avoid paying taxes by getting dual citizenship. This could not be further from the truth. Of course, by becoming a naturalized citizen of a particular country, you don't have to...
Why Chilean Citizenship is the Swiss Army Knife Passport
Here at Nomad Capitalist, we often recommend building your passport portfolio by obtaining a second passport in the shortest time possible. The same goes for residence permit programs, particularly permanent residence permits, since these three documents...
The Great American Plan B: Protect Your Assets with Multiple Citizenships
There used to be a time when the United States was the symbol of greatness. What was referred to as the “land of opportunities.” is a now fallen great nation. A second passport for US citizens seems like the only rational way forward. If you are an American...
4 Easy Residence Permits in Asia
As we all know, Asia is known for having great financial business, so moving there could be a great business move.But to do that, you’re going to need Asian second residency. From offshore banking to real estate investment to economic prosperity, the power has shifted...
Dual Citizenship Programs In Africa
In recent years we've seen African countries open their doors to foreigners looking for an African passport. We've previously discussed the most powerful passports in Africa, including South Africa, Ghana, and Mauritius. These countries offer dual citizenship...
Why We’re Planting More Tax-Free Flags
This year at Nomad Capitalist Live, we talked about five types of new tax havens many of you might not have thought about. These are places that you can go to pay either zero tax or a very low tax rate. What we shared with the audience at Nomad Capitalist Live was...
The Moldovan Citizenship by Investment Program
Update 2020: The Moldova Citizenship by Investment program was cancelled on 18 June 2020.Moldova is an eastern modern European country, formerly a part of the Soviet Republic, neighboring Romania and Ukraine. It is one of the poorest countries in Europe and the...
Why Citizenship Doesn’t Matter Anymore
The global pandemic we’ve all been facing for the better part of 2019 and until today has changed so many things in our world. Not only has travel stopped, but there were also many travel restrictions enforced. It also made a lot of people question things like...
“Rich Dad Poor Dad” Talks About Capitalism, Politics, and Freedom
Robert Kiyosaki is one of today’s most successful entrepreneurs and public figures. He is more popularly known as Rich Dad Poor Dad, in reference to his popular book. He has publicly expressed his sentiments regarding politics, business, and the rise of...
Six Easiest EU Citizenships for Entrepreneurs
Global entrepreneurs always aim to take advantage of the best opportunities available. Even if such opportunities require them to move abroad. In recent years, many entrepreneurs have turned to Europe to expand their businesses. This move comes with the desire for the...
The Best Tax Havens for Families
When deciding where to live, taxes are one of the biggest concerns for some people. Taxes determine the total cost of living in a country. In some places taxes are higher, and in others they are lower than most. Some countries take into account the finances of their...
Your IRA Retirement Account And Moving Overseas
The idea of looking at a qualified IRA Retirement Account only comes up once for most ordinary citizens. Although this is something that most people should look into. Not only that, but some people often extrapolate what we talk about here at Nomad Capitalist. They...
The Safest Low Tax Countries in the World
As a seven or eight-figure investor or entrepreneur, you probably want to live in one of the safest low-tax countries in the world. So you can enjoy spending your wealth with no concerns about any sort of crime. Even if it’s just petty theft, it can ruin your day,...
7 Tax-Friendly Countries with High Life Expectancy
Living in countries with high life expectancy ensures that you and your family live comfortably for the remainder of your lives. It also means that you can make the most of the opportunities provided to you. Unfortunately, most of us probably don't live in countries...
I’m Jewish; Should I Get an Israeli Passport?
The Israeli passport might be alluring for many people. After all, it’s not just a biometric passport or ID document. For most people, it represents the history of the Jewish nation and that’s hard to let go. Gaining citizenship of any country is generally considered...
Five Ways to Prepare for Second Residence or Citizenship
Here at Nomad Capitalist, we always encourage people to go where they’re treated best. This is something that we advocate for quite hard, and we’ve helped hundreds of people get second residence or second citizenship using a variety of different immigration schemes....
How to Get a Netherlands Golden Visa and Dutch Citizenship
The Netherlands is an extremely attractive country to live and work in. As part of the EU, it’s a place packed with culture, art and has a great entrepreneurial culture. Apart from that, Dutch passport is one of the strongest ones in Europe. The Dutch passport...
8 Fast Latin America and Caribbean Citizenships by Marriage
Citizenship through marriage is one of the fastest ways of getting a passport these days. In today's world, your citizenship is less about your loyalty to your country, but more about a government binding you to some laws that may impact your business and...
How to Get A New Zealand Permanent Residence
Update 2022: on September 19th, 2022, the Active Investor Plus visa will replace Investor and Investor 2 categories. Investor 1 and Investor 2 categories are currently closed to new applicants. The minimum investment amount for Investor 2 visa will increase to NZ$5m...
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
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 with its visa-free access to 146 countries through its CBI...
The UK Investor, Innovator, and Startup Visas: Eligibility and Application
Update 2022: Previously known as UK Tier 1 Visa. As of February 16th, 2022 the UK has scrapped its visas offering foreign investors fast-track residency implemented with immediate effect. The UK has held its place as one of the highest regarded countries in the...
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 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...
A Guide to the Overseas Citizen of India (OCI) Program
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...
MM2H Visa: Required Documents and Program Alternatives
Last Updated May 18, 2022 Disclaimer: After the Malaysian government suspended the MM2H program suddenly in July 2020, Malaysia’s Home Ministry Secretary-General reopened the program in October 2021. This is because Malaysia’s luxury real estate industry relies...
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...
Five Flags I’m Planting in the Next Year
The last few years have both been chaotic and challenging. There have been numerous changes in the world and travel has been more restricted than ever. Having spent more time with our families is one of the highlights of the past year. But there’s something...
Five Things I Love About Mexico City
Dateline: Istanbul, Turkey Mexico City is probably one of our favorite cities ever – not because it’s one of the most accessible cities in the Americas, but because it’s a city filled with culture, history, and amazing people. Mexicans from Mexico City are called...
How to Get UK Citizenship: The Ultimate Guide
Last Update: June 18, 2021. Dateline: Mexico City, Mexico If you're looking for a high-value passport without some of the baggage that comes with US citizenship, look no further than the United Kingdom (UK). UK citizenship is an attractive prospect for many people and...
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...
Happiest Countries in the World
It's impossible not to address this subject with a little bit of humor and - why not? - a romantic point of view. I know that you are all probably thinking the same thing: How could someone rate the level of happiness of an entire nation? Truth is, this is a subject...
Countries with the Best Healthcare
Dateline: Dubai, United Arab Emirates Having access to quality medical care is an important consideration for many people who want to move overseas and live the Nomad Capitalist lifestyle. What’s interesting though is that many people believe that their country...
Dominica Investor Visa Program | Citizenship by Investment
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...
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...
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 if things in your home country change. It’s also an essential part of developing your...
Why Citizens of All Western Countries Need a Second Passport
Dateline: Bogota, Colombia Here at Nomad Capitalist, we’ve been talking about the benefits of having a second citizenship for years. And a lot of seven- and eight-figure American entrepreneurs have taken me up on that offer - either as a Plan A for further tax...
16 Business Visas for Global Entrepreneurs: the Ultimate Guide
Picture this. You have successfully launched your business and, despite the normal ups and downs of being an entrepreneur, things are going really well. Nevertheless, the idea of being able to save on taxes and other expenses that you could use to reinvest in your...
UAE Residence by Investment: the Ultimate Guide
As a country with significantly more expats (80% of the population) than natives (12%) and a burgeoning population in an arid desert climate, unique is probably the word that best describes the United Arab Emirates (UAE). It most definitely is a country that has...
How Many Citizenships Can You Have?
Dateline: Bogota, Colombia How many passports is enough? What are the pros and cons of having as many citizenships as you can? Do countries allow you to have multiple citizenships? Can you reach a point where you have too many to manage? These are some of the...
How to Get The Philippines Investor Visa (SIRV)
If you’re open to living in Asia, getting a second residency in the Philippines isn’t a bad option. For westerners used to certain standards, Manila and parts of the rest of the country will feel just like home. It offers a tropical climate, English proficiency,...
13 Premium Investment Immigration Programs for UHNWIs
Dateline: Bogota, Colombia Despite the increasingly hostile environment for high-net-worth individuals in much of the West, there are still countries around the world that value the contributions individuals like you can make to their economies. In fact, many of them...
8 Second Passports and Residencies by Investing in Bonds
Dateline: Bogota, Colombia High-net-worth individuals have increasingly asked me about the best places to get a second residence or passport without throwing their money down the drain. They don’t like the idea of donating money and they don’t want the hassle of...
What to Do When “America First” Outlives Trump
Dateline: Bogota, Colombia Just the other day, I wrote about why I stopped following politics rather than stay and fight against a system that I did not agree with. Today, in light of Joe Biden’s inauguration, let me just further cement why entrepreneurs and investors...
Taiwan Visa Types and Citizenship: The Ultimate Guide
Taiwan is a country that’s very much on the sidelines when it comes to investment immigration. Not many investors work their way for residency in Taiwan, despite many of its merits such as its highly-skilled workforce, a huge internal market, a well-respected foreign...
Why I Would Take A Nicaraguan Passport
Dateline: Bogota, Colombia A while ago, I posted on Instagram about how I would gladly accept Nicaraguan citizenship if it were offered to me. A number of folks, including a couple of Nicaraguans, were confused about why someone who grew up in the United States...
3 Tiers of Passports: How to Define the Best Passport in the World
Dateline: Belgrade, Serbia Here at Nomad Capitalist, we frequently talk about the importance of having a second citizenship or an entire portfolio of passports to diversify and protect yourself. Because of the centrality of second passports to a holistic offshore...
The Guernsey Permanent Residence by Investment Guide
How does a collection of islands, islets, and rocks – most of them uninhabited – become one of the world’s biggest financial centers? Guernsey has managed to accomplish just that. For decades, this tiny jurisdiction near the shores of Normandy, France has...
Jersey Residency by Investment: the Ultimate Guide
You’d be forgiven for not knowing where or even what Jersey is. And even if you do, you probably have just a vague idea of its location. This tiny archipelago - part of the so-called Channel Islands - sits off the coast of Normandy, France. But it is not its location...
New Government Restrictions Only 2020 Made Possible
Dateline: Belgrade, Serbia By all counts, 2020 has been an interesting year. If a global pandemic and economic shutdowns were not enough, many governments have taken to limiting the freedom of movement of their citizens in more ways than one. I recently...
The United States EB-5 Visa: the Ultimate Guide
Love it or hate it, the United States of America is one of the most popular destinations in the world. And we don’t just mean for tourists. Investors from all over willingly subject themselves to the complex immigration system of this North American country,...
Ukraine Residence by Investment: the Ultimate Guide
You probably know that the banking system in Ukraine isn’t that great and that the country has many deeply rooted issues that will take decades to remedy, including crony capitalism and corruption. Most likely, you’re also aware of the armed conflict in which it...
The UK Investor Visa: The Ultimate Guide
Update 2022: Previously known as UK Tier 1 Visa. As of February 16th, 2022 the UK has scrapped its visas offering foreign investors fast-track residency implemented with immediate effect. There really is no other country like the United Kingdom in the world....
The Italian Golden Visa: The Ultimate Guide
Millenia-old cities, unparalleled gastronomic heritage, and pristine nature have made not just tourists but also expats flock to Italy’s shores. It’s undeniable that the place is charming, but what it’s lacking is investor appeal. If you’re about to invest...
Beware of Doom and Gloom: Why I’m Not a Permabear
Dateline: The Serbian Countryside Elections, pandemics, conspiracy theories, civil unrest, earthquakes, hurricanes... we live in some interesting times. But personally, I have never had greater peace than I have right now. Whenever there is a panic - whether it’s the...
How to Obtain French Citizenship By Descent
With its culture and charm, France has the world at its feet. There is nothing more romantic than sipping champagne at the Eiffel tower in Paris, the world capital of Haute fashion, fine art, and delectable baked goods. Have you always adored the nonchalant French way...
Opportunities to Hire, Invest, and Bank in Armenia
Dateline: Yerevan, Armenia The flight from Tbilisi this morning was a mere 27 minutes; little more than a picturesque climb followed by a descent. For years, I’ve been speaking of the benefits of investing in Georgia, and I’ve put my money where my mouth is, acquiring...
How to Obtain Spanish Citizenship By Descent
Spain is a highly desirable place to live that needs no introduction. One of the world’s hottest destinations for high-net-worth individuals, it also offers a variety of ways to obtain its residence, not lest by selling residency to investors. And while the...
How to Obtain Ukrainian Citizenship By Descent
Ukraine has been in the news for all the wrong things over the past years. Its on-going armed conflict with Russia, the annexation of Crimea, phone calls with Trump, nation-wide protests… It sure isn’t the most desirable of all places to hold citizenship. Some...
Apocalypse Insurance: How to Prepare for Times of Crisis
Dateline: Belgrade, Serbia There’s been a lot of talk in the media in recent months about so-called apocalypse insurance, something that Silicon Valley and Wall Street billionaires have been silently accumulating over the years to protect themselves from whatever...
How to Get Greek Citizenship by Descent
Out of all the European countries offering citizenship by descent, Greece is, perhaps, the most desirable. A top-class tourist destination, its cities, and islands offer the best of many things in the world – beaches, luxury villas, and seafood, just to name a...
How to Obtain Croatian Citizenship By Descent
Did you just attend a family wedding where your long-forgotten aunt told you about your Croatian roots? Have you always known that your great-grandfather hails from this beautiful country? Or perhaps you’re here to find out whether you have what it takes to get...
How to Obtain German Citizenship By Descent
The economic powerhouse of Europe and, indeed, the world, Germany, and its people have been through a lot – historically speaking. Wars, dictatorships, genocides… There has been so much turmoil in the country over the last century, and it comes as no surprise to...
What Happens to Nomad Capitalists if Trump Wins
Dateline: Belgrade, Serbia The upcoming election in the United States has a lot of people on edge. Many are wondering what will happen next. Among the high-net-worth investors and entrepreneurs that we work with at Nomad Capitalist, many are preparing a Plan B. ...
Brexit is Here. What Should UK Citizens Do Next?
Dateline: Serbia, Belgrade Two weeks after UK voters did the unthinkable and voted to leave the European Union, the fallout was unsurprisingly substantial. Global stock markets fell, the pound hit $1.2952 (its lowest since 1985), government bond yields dropped to...
How to Get Irish Citizenship by Descent from Grandparents or Great Grandparents
Last Updated January 27, 2022 Dateline: Belgrade, Serbia Ireland is one of my favorite countries on earth, and for good reasons. I first came to Dublin over seven years ago and, in the eight or nine visits since, I can honestly say I’ve never met anyone here who was...
Cyprus Residence by Investment: the Ultimate Guide
Invest a minimum of €300,000Get residence in the EU in 2 monthsNo physical residence requirementAhh, Cyprus… The European tax haven that’s long been the fastest and cheapest way to buy your way into European citizenship. Cyprus is, undeniably, one of the hottest and...
Spain Golden Visa | The Ultimate Spanish Residency Guide
Invest a minimum of €500,000Get residence in the European Union in 1-2 monthsNo physical residence requirementGolden beaches, a Spanish tapas counter everywhere you turn, high standards of living… Spain is a happening place. But ever since the global recession...
How to Establish Tax Residency in Cyprus
Why Cyprus? Simply put, due to its favorable tax regime. There is no capital gains tax on assets other than immovable property located in Cyprus. No Wealth or inheritance taxes. But the main advantage of Cypriot Tax Residence is so-called non-domiciled taxation....
Best Countries to Live in, Incorporate, and Be a Citizen
People often ask us these questions: What are the best countries to live in?What are the best countries to incorporate a business?What are the best countries to get citizenship or residency? Did you spot the common theme? Everyone wants to know the best country to...
The Most LGBTQ-Friendly Countries for Retirement
Our world is getting more broad-minded and tolerant of diversity. But before making a life-changing decision to retire abroad, it's crucial to be 100% sure that the country provides support and respect for your identity. There are many countries to retire in but for...
The Best Nomadic Lifestyle Jobs (and How to Land Them)
Digital nomad. A word that was covered in mystery ten years ago today is an increasing trend. People want to live their best life without being dependent on anything, and the idea of simultaneously working and traveling the world sounds very appealing to many. The...
Digital Nomad Lifestyle: All Pros and Cons to Keep in Mind
Digital nomad lifestyle has plenty of perks, but nothing in life is rainbow and butterflies. Fifteen years ago, few people could quit their full-time job to seek a freelance career. Mostly, people's ultimate dream was to have a stable income, mortgage, and vacation...
Top 5: Best Quality of Life Countries in Europe
Many EU countries offer high quality of life. Freedom. That's the word we value the most in Nomad Capitalist. Freedom to live a life as you want and especially where you want. Looking for a better and brighter future is in our DNA. Go where you're treated best. That's...
Living in Belize: An Expat Guide
This expat guide is all about pros and cons of living in Belize. Belize is known as the jewel in the heart of the Caribbean basin. This small English speaking country in Central America has gorgeous nature, a slow pace of living, and locals who welcome expats with...
St Kitts Travel Guide for Families and Couples
St Kitts and Nevis is a hidden treasure of the Caribbean sea. Caribbean islands may look alike. They all have blissful beaches, lush jungles, and crystal-clear blue ocean. But they are far from being the same. And if we had to pick one Caribbean destination where to...
44 Digital Nomad Visas to Get: The Ultimate Digital Nomad Visa List
The world has dramatically changed in the past few years thanks to the pandemic. Now, workers and location independent business owners everywhere realize they don't need to stay in one place to get work done. All that digital nomads need is a laptop and the legal...
Traveling to Antigua: Our Favorite Luxury Hotels
Antigua and Barbuda is one of the best destinations in the Caribbean Sea. Sometimes, all you need is a tropical dream vacation. That's why digital nomads and entrepreneurs head to the Caribbean region. You can indulge in the beauty of multiple countries, but Antigua...
Safest Countries for Women to Visit in 2022
Traveling solo is an eye-opening experience. Yes, I'm traveling the world solo. Hearing this from a female traveler in the past was unusual and even crazy, right? But in our modern world, solo female travel is getting increasingly popular. It's empowering, exciting,...
The Best Beach Towns in Mexico for Families and Expats
Mexico is one of our most loved destinations. We love it so much that we chose it as the location for our Offshore Conference. The vibrant culture, friendly people, and international and diverse flavors are just some things we adore about Mexico City. But besides...
A Nomad Guide: 7 Things to Do in Seychelles
Seychelles is an island paradise strategically located off East Africa, surrounded by the warm waters of the Indian ocean. The archipelagic, tropical country boasts scattered islands with long stretches of white sand beaches, rich flora and fauna, and friendly locals....
Millionaire Migration Trend: Best Places Wealthy People Live in
As major country collapses due to the effects of the covid pandemic, the world's wealthy are looking at Plan B to protect their other assets and ensure global mobility. The definition of 'wealthy' varies. But generally, HNWIs are hard-working millionaires--investors...
Digital Nomad Visa to Get in 2022
The entrepreneurial landscape has drastically changed in the past years. The Covid pandemic highlighted the need for a more borderless way of doing business, cryptocurrency's importance, and offshoring's benefits. This, in turn, snowballed to global citizenship and...
5 Asian Countries with the Best Quality of Life
This article taps on two of our favorite topics – Asian countries and high quality of life. One look at our blogs or videos is enough to realize how we prioritize having a good quality of life. We aren’t a tax firm or a travel agency, and we are not even an...
How to Leave The US and Where to Go Next: 5 Easy Steps
A record number of people are looking to leave the US after the recent overturning of Roe v Wade but that's not the only reason Americans are leaving. Wondering how to leave the US? You are not alone. America has come a long way since its independence in 1776. Once a...
UK Citizens Will Need ETIAS Visa Waiver to Enter EU Schengen Area
Starting from 2023, UK citizens will need to apply and pay for an ETIAS visa waiver to enter the EU Schengen area. The pandemic has been anything but gentle to travelers. A great number of people found themselves stuck in one place, with their lifestyle compromised....
New Germany Travel Restrictions for Safer Travel in Autumn
Covid travel restriction in Europe has generally eased. But after a recent increase in covid infections, the federal government of Germany is proactively preparing a protection plan for autumn. According to a Reuters report, German Health Minister Karl...
A Latin American Landmark Turn: Petro Plans to Resume Colombia-Venezuela Diplomatic Relations
US citizens are often perceived as oblivious or even self-centered when it comes to being aware of the global economic landscape. Many US citizens don’t even know what is happening outside of their state and many even prefer it that way. Most US citizens won’t even...
No Language Barrier: Top 15 English-Speaking Countries for Expats
Dateline: Kuala Lumpur, Malaysia You’ve been itching to live abroad or start working towards a second passport, but one thing stops you. You’re monolingual. “Do you speak English?” – asking this over and over again and fumbling for the right words to order a coffee or...
The Great American Plan B: Protect Your Assets with Multiple Citizenships
There used to be a time when the United States was the symbol of greatness. What was referred to as the “land of opportunities.” is a now fallen great nation. A second passport for US citizens seems like the only rational way forward. If you are an American...
Why We’re Planting More Tax-Free Flags
This year at Nomad Capitalist Live, we talked about five types of new tax havens many of you might not have thought about. These are places that you can go to pay either zero tax or a very low tax rate. What we shared with the audience at Nomad Capitalist Live was...
“Rich Dad Poor Dad” Talks About Capitalism, Politics, and Freedom
Robert Kiyosaki is one of today’s most successful entrepreneurs and public figures. He is more popularly known as Rich Dad Poor Dad, in reference to his popular book. He has publicly expressed his sentiments regarding politics, business, and the rise of...
The Best Tax Havens for Families
When deciding where to live, taxes are one of the biggest concerns for some people. Taxes determine the total cost of living in a country. In some places taxes are higher, and in others they are lower than most. Some countries take into account the finances of their...
Your IRA Retirement Account And Moving Overseas
The idea of looking at a qualified IRA Retirement Account only comes up once for most ordinary citizens. Although this is something that most people should look into. Not only that, but some people often extrapolate what we talk about here at Nomad Capitalist. They...
The Safest Low Tax Countries in the World
As a seven or eight-figure investor or entrepreneur, you probably want to live in one of the safest low-tax countries in the world. So you can enjoy spending your wealth with no concerns about any sort of crime. Even if it’s just petty theft, it can ruin your day,...
7 Tax-Friendly Countries with High Life Expectancy
Living in countries with high life expectancy ensures that you and your family live comfortably for the remainder of your lives. It also means that you can make the most of the opportunities provided to you. Unfortunately, most of us probably don't live in countries...
Five Ways to Prepare for Second Residence or Citizenship
Here at Nomad Capitalist, we always encourage people to go where they’re treated best. This is something that we advocate for quite hard, and we’ve helped hundreds of people get second residence or second citizenship using a variety of different immigration schemes....
The Best Cities for Expats with Southern California Weather
Geographically, we get the appeal as to why many people live and crave the weather in Southern California. It’s warm, it’s always sunny, and people just give off an entirely enthusiastic vibe. However, if you don’t want to live in the United States of America, where...
Why We Hire in Eastern Europe
Globalization has made it possible to exchange cultures, ideas, skills, and talents easily. The business landscape of the world continues to change on a drastic scale. One of the biggest and most apparent changes has been with the hiring process of Eastern European...
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?...
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...
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...
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...
Top 15 English Speaking Countries for Expats
Dateline: Kuala Lumpur, Malaysia You’ve been itching to live abroad or start working towards a second passport, but one thing stops you. You’re monolingual. “Do you speak English?” – asking this over and over again and fumbling for the right words to order a coffee or...
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 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...
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...
Five Things I Love About Mexico City
Dateline: Istanbul, Turkey Mexico City is probably one of our favorite cities ever – not because it’s one of the most accessible cities in the Americas, but because it’s a city filled with culture, history, and amazing people. Mexicans from Mexico City are called...
Countries with the Best Healthcare
Dateline: Dubai, United Arab Emirates Having access to quality medical care is an important consideration for many people who want to move overseas and live the Nomad Capitalist lifestyle. What’s interesting though is that many people believe that their country...
Living in Singapore: An Expat Guide
The city-state of Singapore is a popular expat destination, with people from many different cultures now living in Singapore. The country has four official languages: Malay, English, Tamil, and Mandarin. Singapore is known for being clean and safe. It boasts one of...
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...
The Easiest Countries to Move to From the USA
Dateline: Bogota, Colombia 2020 was a record year at Nomad Capitalist in terms of US citizens calling us to help them create not only a backup plan for citizenship and banking worldwide to protect themselves in the event that things got worse but also requesting our...
What to Do When “America First” Outlives Trump
Dateline: Bogota, Colombia Just the other day, I wrote about why I stopped following politics rather than stay and fight against a system that I did not agree with. Today, in light of Joe Biden’s inauguration, let me just further cement why entrepreneurs and investors...
The New Travel Hacking For Nomad Capitalists
Dateline: Belgrade, Serbia For years, I spent a lot of time and effort making sure I collected every mile, every point, and every travel reward to make sure that I got as much free travel as possible. I was obsessed with travel hacks. Now, after years of being...
New Government Restrictions Only 2020 Made Possible
Dateline: Belgrade, Serbia By all counts, 2020 has been an interesting year. If a global pandemic and economic shutdowns were not enough, many governments have taken to limiting the freedom of movement of their citizens in more ways than one. I recently...
The 6 Best Places to Live in Montenegro for Expats
Dateline: Belgrade, Serbia I’ve been talking about Montenegro as a lifestyle destination for Nomad Capitalists for years. Sure, they make it ridiculously easy to plant your business flag in the country by letting you set up a company with almost no hassle. ...
The 4 Best Places to Live in Malaysia for Expats
Dateline: Belgrade, Serbia For years, I’ve been telling my readers, viewers, and clients that Malaysia is a great, business-friendly, affordable, and pleasant place to live as a Nomad Capitalist, whether it’s full-time or as a part-time base in your personalized...
Living a Nomadic Lifestyle with Children and Family
Dateline: Central Serbia Living life as a Nomad Capitalist is not much different from living life any other way. Things are going to change and you’ll have to learn how to adapt. My life as a Nomad Capitalist now is very different than it was when I first...
The Cheapest and Safest Places to Live in The World
Dateline: Mladenovac, Serbia What are the cheapest and safest places to live in the world? A lot of people want to know where they can live to get good value for their money without sacrificing safety. And rightfully so. Safety and good living conditions...
Beware of Doom and Gloom: Why I’m Not a Permabear
Dateline: The Serbian Countryside Elections, pandemics, conspiracy theories, civil unrest, earthquakes, hurricanes... we live in some interesting times. But personally, I have never had greater peace than I have right now. Whenever there is a panic - whether it’s the...
What Happens to Nomad Capitalists if Trump Wins
Dateline: Belgrade, Serbia The upcoming election in the United States has a lot of people on edge. Many are wondering what will happen next. Among the high-net-worth investors and entrepreneurs that we work with at Nomad Capitalist, many are preparing a Plan B. ...
How to get Polish citizenship by descent
Last updated: September 11, 2020Dateline: Katowice, Poland While countries like Ireland and Italy are well known for offering citizenship by descent to those with ancestors from those countries, Poland has – undeservedly – fallen under the radar. It’s...
The Best Countries without Taxes in Asia
Dateline: Kuala Lumpur, Malaysia When we think about countries with no income tax, our brain often goes to the Cayman Islands: The British overseas territory, Saint Kitts and Nevis the island nation, or Europe, where a web of historical treaties, legal exemptions, and...
5 Dos And Don’ts When Moving Overseas
Dateline: Kuala Lumpur, Malaysia In one of the ancient Greek fables, the storyteller Aesop conveys the message to “Be careful what you wish for, lest it come true!” While we may have heard this saying before, the moral is rarely internalized. We scoff at the...
The Best Spanish Speaking Countries for Nomads
Last Updated: August 12, 2021 Dateline: Kuala Lumpur, Malaysia Most of Nomad Capitalist’s clients tend to be from the Anglosphere, meaning that English is primarily their first and only language. As languages go, English is the most useful one you could have in...
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...
Why Living in “The Third World” Isn’t So Bad
Dateline: Kuala Lumpur, Malaysia At the risk of sounding like a teenager who just dyed their hair a shade of fluorescent green, living as an expat in emerging markets “is not a phase”. I have been living overseas in emerging markets for more than a decade now, and I’m...
The Best Small Towns in Europe for Quiet Living
Dateline: Kuala Lumpur, Malaysia Cards on the table, I’m a big city guy. I enjoy the hustle and bustle of capital cities. But as I grow older, I’m beginning to appreciate the benefits of something quieter as well. I’ve gone from loving New York to thinking Kuala...
How To Travel and Work Remotely Around The World
Dateline: Kuala Lumpur, Malaysia I founded Nomad Capitalist almost a decade ago and have traveled the world while doing remote work long before that. For most people, the prospect of hitting the road to travel and work remotely is an exciting and novel proposal. For...
Five Countries for Expats Better Than New Zealand
Dateline: Kuala Lumpur, Malaysia Ever since the Lord of the Rings movies introduced us to the breathtaking fantasy landscapes of New Zealand, high net worth individuals started going there to enjoy the nature, protect their assets, establish a place to retire, and...
7 Underrated Cities for Expats and Nomads
Dateline: Kuala Lumpur, Malaysia With the whole world at your disposal, it doesn’t make sense to stay where you were born. Several cities have become well known among nomads and expats as the place to be: Singapore, London – the usual suspects. And in nomad...
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 they will receive the...
Living in Dubai, UAE: An Expat Guide
Dubai is what you would call an expat hotspot. When expats make up approximately 80% of the population, how could it be anything else? You might not even meet a local Emirati during your entire time there if you don’t do business locally. So, why is Dubai so...
The Best Tax-Free Countries for Americans
Dateline: Kuala Lumpur, Malaysia Where can Americans go to enjoy a comfortable lifestyle and live relatively tax-free? Both here on our blog and on our YouTube channel, we’ve previously covered all the different tax-free countries around the world and how they might...
Why I Don’t Turn My Empty Homes Into Rental Properties
Dateline: Kuala Lumpur, Malaysia As a highly successful person with six, seven or more figures to your name, you probably know that productivity is everything. But what should you do when living the life of a perpetual traveler? Bouncing around from place to...
Early Retirement and the Best Places to Retire
Dateline: Kuala Lumpur, Malaysia I came across an interesting discussion recently. Someone was asking where they could go and “live like a king” for the rest of their life on a million dollars. This is a common thing to fantasize about. People want to accumulate...
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...
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...
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...
The 8 Most Livable Cities in Southeast Asia
Dateline: Tbilisi, Georgia Southeast Asia is one of the first places people try out when they start their nomadic lifestyle. It’s cheap, it’s warm, it’s easy to get to, and it’s a lot of fun. But what people often don’t consider is that it’s more than just a...
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...
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....
Why Time is Money Abroad: An Expat Perspective
We've invited Kyle, an American expat who moved from California to Ukraine, to tell us about his experience moving abroad and living as an expat while running his business remotely. Many people move to a foreign country to leverage a strong U.S. dollar, to lower their...
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...
Living in Roatan: a Guide to the Honduras Bay Islands
This article was contributed by travel writer Ashuni Perez. The opinions expressed by guest contributors are theirs alone. Cerulean waters, white sand, and gorgeous reefs make Roatan, Honduras, a scuba diver's paradise. Roatan is a part of the Honduran Bay Islands....
The Best Cities for Single Nomads
Dateline: Belgrade, Serbia When I was just twelve years old, my parents made a huge announcement: they were thinking of relocating our family to New Zealand. While I was taken with the idea of adventure, my sixth-grade brain couldn't help but worry about my budding...
Escape the Rat Race to Become a Tax-Free Global Citizen
Dateline: Kuala Lumpur, Malaysia As you read this article, you might be sitting at your desk, dreaming of living a freer lifestyle. Throughout our lives, many of us in the west are told that we'll be happy if we go to college, get a corporate job, settle down, and...
The Best Worldwide Travel Insurance for Nomads
Given the particular challenges that come with being a global citizen, it’s best to have a strategy that minimizes the difficulties that you'll encounter during your travels. A good way to do that is getting excellent worldwide travel insurance so you can rest assured...
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 everyone has a right to “go where you’re treated best”, and we work...
Myths about Giving Up American Citizenship
Dateline: Kuala Lumpur, Malaysia When I first learned that you could renounce US citizenship, I became fascinated with it. I never really felt American. I always felt uncomfortable in the US - like I didn't really fit in. So when I went on my first big international...
The 7 Cheapest Cities in North America for Nomads
Dateline: Canggu, Indonesia So, you’re thinking about taking the leap and relocating - packing your bags, getting a visa, and venturing into the great unknown. You wouldn’t be here if it hadn’t crossed your mind once, twice, or maybe fifty times. Luckily, we are...
The 7 Cheapest Cities in Asia for Nomads
Dateline: Canggu, IndonesiaAsia is almost universally hailed as a Mecca for digital nomads and expats alike - especially Southeast Asia. This is undoubtedly due to the promise of earning a Western salary and living somewhere where the value of every Euro, Pound, or...
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...
What Is Visa-Free Travel and How to Use It
At Nomad Capitalist, I often work with people looking to get a second passport. For the most part, the people I work with are from the US, and they're looking to start building a passport portfolio to get out of the US system of citizenship-based taxation. However, I...
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 citizen ship from $450 to $2,350. I hadn't renounced my citizenship yet at the time, and I remember thinking to myself: "Wow,...
Doing Business in Asia: How to Save Face
Dateline: Kuala Lumpur, Malaysia When my fiance, Mila, first traveled to Asia with me, she commented about how nice everyone seemed. After we landed, we found out that the airline had lost our luggage - and I was upset. Although I did my best to keep my composure, I'm...
US States with the Highest Taxes and How to Avoid Them
Dateline: Kuala Lumpur, Malaysia Many years ago, I was having a conversation with a friend of mine who lives in the United States. During that conversation, he mentioned that a lot of people he knew were moving to Florida - a state with no income tax - from where he...
How to Get an APEC Travel Card: The Ultimate Guide
Dateline: Dubai, United Arab Emirates If you’re a frequent business traveler in Asia, you’ve likely seen the chosen few disembark from their plane only to be whisked through customs and border control to enter the country without a visa. Do they have a secret VIP...
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...
7 Harsh Legal Obligations of US Citizens
Dateline: Tbilisi, Georgia Much of what we do here at Nomad Capitalist focuses on what a second passport or residence can do for you. What freedoms will that new citizenship give you? Will your new residence permit give you more travel options? Which second passport...
The 7 Cheapest Cities in South America for Nomads
South America is a broad continent with a population of over 400 million people in 12 countries, and it has the most awe-inspiring landscapes you’ll ever see. Iguazu falls will make your jaw drop, Machu Picchu will test your fitness, and you'll get top-notch travel...
The 7 Safest Countries in the World for Nomads
Although the news cycle would have you to believing otherwise, year after year the world is becoming a much safer place to live and travel. Annually, the Institute for Economics and Peace in collaboration with the Economist Intelligence Unit, publishes a report of the...
My 8 Powerful Mindset and Life Hacks for Wealthy Digital Nomads
Dateline: Nusa Dua, Bali, Indonesia The St. Regis has become my favorite hotel chain in the world because it’s simply effortless. From the moment you arrive, everything just seems to work, from the butlers unpacking your suitcase to the iPad that opens the window...
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...
The USA’s 15% Minimum Corporate Tax Rate: Here’s How It Works
The US is a pretty interesting place to live. After all, where in the world would you find a country that calls itself the land of the free while making it its mission to tax everything? You'll find many taxes in the USA - federal income taxes, state taxes, and local...
10 Countries with Low Taxes You’d Never Expect
What is the biggest mistake people make when looking for tax-friendly countries? Judging a country's taxation policies by looking at its headline tax rates. Very few things are straightforward in life, and taxes do not make that list. When it comes to taxes, the devil...
Investing in Airbnb: Best and Worst Markets for Airbnb Investment
What comes to mind when you think about Airbnb? Probably, images of happy vacations, beautiful condos, life on the road, or maybe even your very own last Airbnb experience. Vacation rental property platforms like Airbnb become even more relevant when you consider the...
How to Avoid Inheritance Tax: Everything You Need to Know
If you ask any wealthy person in the US or any western country, how much taxes they pay, chances are they won't be able to name all types of taxes. There's income tax, capital gains tax, VAT, property tax, in some cases wealth tax and more. The wealthier you grow, the...
How to Open a Gibraltar Offshore Company
Opening an offshore company is a great tool that should be part of every wealthy person's repertoire. And if you're a six- or seven-figure entrepreneur, the amount you can save from offshoring your business is likely in the millions. If it's your first time hearing...
Top 10 Friendly Countries to Invest in Africa
I bet Africa will not be the first on your list when you consider investing. It might not even make it to your list of top countries to invest in. We at Nomad Capitalist are also not as keen on offering African markets to our clients. Why do you ask? Probably because...
How The Global Minimum Tax Deal Will Affect Digital Nomads
The Organization for Economic Co-operation and Development (OECD) and the Group of 20 economic powers (G20) recently announced that 137 countries had signed economic cooperation on setting a global minimum corporate tax rate. The global tax agreement was to solve the...
The Most (and the Least) Crypto-Friendly Countries in the World
What do a nomad and a cryptocurrency have in common? Both are location independent! A nomad can move around the globe as they please while a cryptocurrency is completely virtual and devoid of any central regulating authority, making it the perfect asset for a digital...
Prepare for The Canadian Real Estate Bubble
People are watching the news on the Canadian real estate market, trying to figure out why Canadian real estate is soaring. What is happening in Canada's housing market? Can Canadian homeowners afford to leave? What can Canadians do to have more freedom and claim more...
Five Places For Affordable Caribbean Living
Who wouldn't want to live by the beach, enjoying the sound of the waves crashing against the shores? Living in the Caribbean is alluring for pretty much everyone. Even if you're a city dweller at heart, there comes a time in every person's life when they want to...
Why US Banks Are Weaker Than You Think
The US is flooded with banks. Be it the first national bank of either state, banks headquartered in another country like TD Bank group, Bank of America, Bank of New York, Fifth Third Bank. The nation is also home to the investment banking services and investment...
Puerto Rico Tax Incentives: The Ultimate Guide to Act 60
Last Updated February 8, 2022 Dateline: Tbilisi, Georgia How would you like to remain a US citizen but – legally – only pay 4% corporate tax, zero capital gains, and zero dividends tax? This is exactly what Puerto Rico has been offering US citizens for just shy of a...
5 Tax-Friendly Countries for Vegans
Do you want to relocate? Are you in search of more economic freedom and lower taxes? Do you want to move to a place where your lifestyle choices, values, and financial motivation align? If you said yes to these questions, you will be happy to learn that Nomad...
The World’s Best Countries to Retire In
The world is a big place, and if you are choosing one of the best places to retire, it can also be daunting. There are thousands of places you can choose as your next home, but where do you start? What makes one country better than another? Is it because...
8 Countries with Zero Foreign Income Tax
We understand that it’s too easy to become a victim of double taxation. It doesn’t matter if you’re a U.S citizen or if you’re from a foreign country with completely different tax laws. More often than not, we’ve got people coming to us saying that they’ve...
New US Expat Tax Numbers for 2022
Over the years, we’ve talked about taxes a lot. In particular, we’ve talked about the US tax system and how unfair it is. While most people agree with what we have had to say about US expat taxes, there are still quite a few people who think that the US tax system is...
How to Replace Medicare When Moving Overseas
One of the most common questions Americans ask when moving is how to replace Medicare abroad? In recent years, there has been an exponential increase in the number of entrepreneurs and investors moving abroad. This is partially due to business and investment...
How to Pay Zero Tax Living in One Place (Not for Nomads)
Nomad Capitalist is all about going where you’re treated best. We are dedicated to providing services such as legal tax reduction, second citizenship, and offshore banking. So, if you want to pay no taxes, we can help with that as well. Most of the services we have to...
5 Things I love about Tbilisi
There is no doubt that we love Georgia here at Nomad Capitalist. From its simple real estate investment market to its fantastic offshore banking. Not to mention it's low taxes. The country offers some of the most wanted amenities any entrepreneur or digital nomad...
5 Developed EU Residences for Serious Entrepreneurs
Over the years, we've had plenty of established entrepreneurs looking to expand their businesses or develop their passport plan B by getting an EU residence. Tax reduction remains a major reason for moving to another country. Yet, some entrepreneurs prefer to pay some...
Three of the Most Stable Currencies to Hold During a Recession
One of the things that’s inevitable when it comes to our economy is a recession. It could be a particular country’s economic recession, or it could be a massive global recession. Now, when these things happen, do you know which of the most stable currencies you’re...
What I Think about Elon Musk’s Alleged 0% Tax Rate
Nowadays, billionaires and millionaires like Jeff Bezos, Warren Buffett, and Elon Musk are always talked about. People are often finding ways to talk about these men, and especially Elon Musk tax, since he allegedly paid 0% in Federal Income Tax. They aren’t talked...
The Most Crypto Friendly Country (with Roger Ver)
In today’s modern world, cryptocurrency isn’t that taboo of a topic anymore, and it’s an investment scheme that most regular people can invest in. Not only that, but a lot of countries worldwide have claimed that they’re a crypto friendly country. Back then, investing...
Five Better Alternatives to Buying Gold
When we think about gold, we instantly think about that yellow-ish precious metal that’s widespread around the world. Nowadays, buying gold has been all the rage. However, quite a few people have preferred investing in various alternatives that have a better return on...
The Best Cities for Remote Workers
A few months ago, Euronews released an article with the best cities for remote workers. While this sounds like a promising article, the cities mentioned in this list aren’t the best to live in. We’re saying this in terms of tax policies, immigration applications, and...
A Guide to Cayman Islands Exempted Company Law
The Cayman Islands is one of the hotspots of the offshore business world to this day. These island nations not only provide gorgeous scenery; they’re perfectly happy to let you earn all the money you want without dipping their hand into the pot. When businesses are...
Your IRA Retirement Account And Moving Overseas
The idea of looking at a qualified IRA Retirement Account only comes up once for most ordinary citizens. Although this is something that most people should look into. Not only that, but some people often extrapolate what we talk about here at Nomad Capitalist. They...
How to Achieve Overseas Connection – A Talk with Doug Casey
For most businesses and aspiring entrepreneurs, achieving more overseas connections is something they should be doing. That’s a no-brainer. During the most recent Nomad Capitalist Live, we had the privilege of having the original “international man,” Doug Casey, speak...
Three Entrepreneurial Steps Paving Your Offshore Success
What kind of entrepreneurial steps do you need to take to ensure that your business will flourish even though you’re going offshore? Here at Nomad Capitalist, we always talk about the benefits of growing your business even from scratch. Either you’re legally reducing...
Four Real Estate Markets that Might Make a Comeback
Real estate portfolio. It’s a simple three-word phrase. But the value of these three words can be immense, or not, depending on the opportunities in real estate you decide to avail. Today, a lot of people understand the importance of having such a portfolio. But...
How to Successfully Respond to a Crypto Bear Market
Let’s face it, Bitcoin and most cryptocurrency markets have been in a bit of a decline lately. This is the reason why there have been so many talks about the crypto bear market. People are debating whether this is simply the beginning of a “new loss” and if crypto...
Uruguay Tax System
There’s one recurring theme that we always hear from our audience who originates from legacy brand countries. It’s not to do with concerns about how their governments are raising taxes but more to do with how they’d love to live the Nomad Capitalist lifestyle but...
Digital Nomads’ Best Coworking Spaces in Europe
Europe has always been a prime location for a lot of travellers and digital nomads. Whether it’s for its charming cities, the inclusive and diverse cultures, or the entrepreneur-welcoming hotspots, Europe is always a go-to for digital nomads. Remote working...
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,...
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...
The Coming Tax on Unrealized Capital Gains: Read Now
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,...
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...
Why Having A Golden Visa Won’t Lower Your Tax Bill
We often talk about people’s confusion regarding the difference between a temporary residence, a permanent residence, and citizenship. Someone even left a comment about Golden Visas and how you can use a Golden Visa to reduce your taxes. Although, the latter claim...
Why We Closed Our Lichtenstein Bank Account
This article is based on our own experience that led us to close our bank account in Liechtenstein. Here at Nomad Capitalist, we always aim to give out suggestions based on actual work and research. We don’t go around saying that you should open or close a bank...
Countries with the Best Healthcare
Dateline: Dubai, United Arab Emirates Having access to quality medical care is an important consideration for many people who want to move overseas and live the Nomad Capitalist lifestyle. What’s interesting though is that many people believe that their country...
Mexico City: The Real Estate Investment Guide
Investing in property overseas can be a great way to diversify your assets and not only save you money - but make you money as well. Real estate in Mexico City is a great investment. You can find property in this amazing city for dirt cheap. In this...
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...
The War on Cash: How to Avoid Civil Forfeiture
Dateline: Hong Kong I’ve mentioned this before, but it’s worth mentioning again — Hong Kong loves cash. So does Switzerland. And Germans have historically always loved cold, hard cash. Even Middle Eastern countries do, too. I once saw an Iranian guy carrying $4...
IRS Tax Relief for Expats Impacted by COVID-19
Dateline: Merida, Mexico The coronavirus pandemic has limited travel in many areas of the world and by doing so has changed the plans of many expats. If your global tax plan was impacted by COVID-19 in 2020, you may still qualify for tax benefits such as the 2020...
Lisbon, Portugal Real Estate Investment Guide
Dateline: Mexico City, Mexico Who wouldn’t want to live in a friendly place where the sun shines year-round, the standard of living is high, crime is low, and the prices are some of the best in Europe? Portugal’s capital, Lisbon, meets all of those ideals. It is known...
Portugal’s Golden Visa Fund
Portugal’s Golden Visa is one of the most popular residency-by-investment schemes in the world, generating over €5.7 billion ($6.9 billion) since its inception in October 2012 and allowing thousands of foreign investors to secure European Union (EU) residency....
How to Create Generational Wealth with Lower Taxes
Dateline: Mexico City, Mexico We often ask my clients, “What’s next?” And when they answer, we 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...
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 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...
US Indicia: Why Your Offshore Bank Hates You
Dateline: Mexico City, Mexico Jovana Vojinović, my director of operations, and I have been doing a worldwide banking tour in Europe. What we’ve discovered is that there is not a single bank in Liechtenstein that wants to take even a former US citizen, like...
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...
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...
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...
4 Stores of Value for Asset Protection and Diversification
Dateline: Bogota, Colombia Generally, the dollars, Euros, Pounds, or shekels in your bank account lose 2% of their value every year due to inflation. This makes the cash you hold worth even less each year. As most currencies don’t follow a gold standard anymore, the...
How I Made 10% Investing in Singapore Government Debt
Dateline: Belgrade, Serbia Singapore is touted as not only one of the richest countries in the world but also one of the safest and most peaceful. And this year, it ranked 1st in the 2021 Index of Economic Freedom, making it the freest economy in the world. How does a...
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...
Foreign Real Estate Advice for International Investors
Dateline: Bogota, Colombia Part of diversifying your assets is making smart choices when it comes to your investments. No one wants to invest in something that is sure to be a dud. Overseas real estate can be an excellent investment opportunity. But there’s a...
How to Prevent a Frozen Bank Account Overseas
Dateline: Bogota, Colombia What’s stopping you from moving your money overseas? The main reason people don’t take advantage of overseas banking, or really any opportunity, is fear. Fear can be a powerful motivator, but it can also be a dam. Your fear of the...
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...
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,...
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...
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,...
TransferWise Review: Is It Safe for Moving Money Overseas?
Dateline: Bogota, Colombia TransferWise - the FinTech company disrupting the international currency exchange market - is becoming increasingly popular. Not only do they send money all over the world in other currencies for much lower fees than most banks but...
Robert Kiyosaki Quotes: How the Rich Choose Friends
Dateline: Bogota, Colombia One of the challenges that entrepreneurs face - especially young entrepreneurs and Nomad Capitalists living as global citizens - is how to choose the right friends. The friends that we have dictate the growth, the success, and even the...
Why I Stopped Following Politics Rather Than Stay and Fight
Dateline: Bogota, Colombia Over the years, my political involvement and beliefs have progressed and changed. Who I was at 13 is similar to who am I now, but I’ve learned a lot throughout the years. I’ve had opportunities to meet many successful high-net-worth...
The Best Banks for Digital Nomads Living Overseas
Dateline: Bogota, Colombia What are the best banks for nomads? That question begs yet another. In fact, it brings up an entire set of interesting but unresolved questions we commonly run into in our sphere: What is a nomad? Who is a digital nomad? Who is a...
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...
EntreLeadership by Dave Ramsey: My Book Review
Dateline: Belgrade, Serbia Today, I’m going to share with you what - in my opinion as a lifetime entrepreneur - may just be the best business book I’ve ever read. And no, it’s not my own book Nomad Capitalist. However, if you apply the tactics in my...
How to Start a Business with No Money or Experience
Dateline: Belgrade, Serbia Starting a business from scratch can be a challenge. Continuing to grow that business and become successful can be even more challenging. It takes a certain mindset to become a successful businessman or entrepreneur. The good news is that...
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...
How to Avoid Capital Gains Tax When Selling a Business
Dateline: Belgrade, Serbia Moving your business offshore is a great way to go where you're treated best and keep more of your own money by legally lowering your tax rate. Most people focus on income tax - how much money they can save now by going overseas. But...
Avoid This Business Mistake: the Name Brand Trap
Dateline: Belgrade, Serbia If you’re reading this article, chances are that you are painfully aware of the fact that doing business in the West and other high-tax places and putting all of your eggs in one basket is not a good idea. I often come across news...
5 Steps to Creating a Hiring Ad Overseas
Dateline: Central Serbia I’ve been talking for years about the benefits of hiring overseas to lower your business costs, get a more motivated workforce that you can build a stronger connection with, expand in new markets, and have a greater pool of people to choose...
Remittance Tax Planning: How to Avoid Taxes Living Overseas
Dateline: Central Serbia After being in this business for so long, I have come across numerous different tax misconceptions. I’ve addressed several of them before, but there are so many that I could talk about these misconceptions for days. Today, I only want to...
Why Tech Companies Should Get Out of Silicon Valley
Dateline: Dučina, Serbia When I tell business owners to go where they’re treated best, they will often tell me that, while that mantra makes a lot of sense if you’re running a consulting company or an affiliate marketing company, it doesn’t make sense for a tech...
9 Debunked US Expat Tax Myths
Dateline: Belgrade, Serbia In the past few months, I’ve taken on more former US citizens, soon-to-be-former US citizens, and overpaying US citizens than usual. These experiences have been very fulfilling for me as I’ve been able to help these folks create legal...
Apocalypse Insurance: How to Prepare for Times of Crisis
Dateline: Belgrade, Serbia There’s been a lot of talk in the media in recent months about so-called apocalypse insurance, something that Silicon Valley and Wall Street billionaires have been silently accumulating over the years to protect themselves from whatever...
Top Tips for New Entrepreneurs: Skip College, Go Overseas
Dateline: Belgrade, Serbia For years, I’ve been saying college is, for many people, a waste. Conveniently, I too dropped out of school and never looked back. I grew up around the radio industry. When I was 19 years old, I decided to go ahead and start my very first...
The Riga, Latvia Real Estate Investment Full Guide
A budget-friendly country in the Baltics might not be the place that you, a high-net-worth individual, might want to live in. But it would be foolish to give Latvia a miss when it comes to investing. The country is full of great real estate deals with some of the...
The Bogota, Colombia Real Estate Investment Guide
There isn’t a better example of a country that has successfully challenged and changed its status quo than Colombia. What used to be a place overrun with bloodthirsty drug cartels and all-reaching corrupted government officials just a few decades ago is now one of the...
How to Avoid Piercing the Corporate Veil
Dateline: Belgrade, Serbia As a lifelong entrepreneur, I want to talk to you today about a business concept that I’ve always followed very carefully. If you’re starting a business, you need to ensure that you’re keeping your business and direct personal benefit or...
“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...
4 Things to Consider When Investing in US Real Estate
Dateline: Kuala Lumpur, Malaysia While I personally no longer invest in US real estate, I know that a lot of foreigners like the idea of buying property to rent out in the United States. They like the idea that the United States is a transparent market. The...
Frontier and Emerging Market Investment: The Ultimate Guide
Dateline: Kuala Lumpur, Malaysia Economic development happens in fits and bursts as technological capacity and social development allow for new production potential. If you manage to invest at the start of such a financial wave, a small amount of money can make an...
Why I’m Not Buying Cheap Real Estate In Italy Or Spain
Dateline: Kuala Lumpur Malaysia Let’s talk about cheap real estate. Whenever I talk about ultra-cheap properties in countries like Georgia, Cambodia, Armenia, or Egypt, people often ask why they shouldn’t just buy properties for the same cost in countries...
5 Up-and-Coming International Investment Markets
Dateline: Kuala Lumpur, Malaysia If you want to learn how to find a good real estate deal, avoid the crowds. Any asset works under the laws of supply and demand - the more attention an asset receives and the longer this happens, the likelier it is the price has been...
How To Become a Multimillionaire
Dateline: Kuala Lumpur, Malaysia Today, I want to tackle a question that everyone wants to be answered. It is a topic that frequently comes up in conversations with friends, travel acquaintances, and people we work with here at Nomad Capitalist. But it’s not a...
6 Challenges of Real Estate Investment Overseas
Dateline: Kuala Lumpur, Malaysia Here at Nomad Capitalist, we are strong proponents of the benefits of investing overseas and owning international real estate. We’ve discussed investment markets like Cambodia, Colombia, Georgia, Turkey, and even EU candidate...
The Best Zero Tax 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...
How To Run a Successful Business In The #Entrepreneur Era
Dateline: Kuala Lumpur, Malaysia I’m going to get straight to the point today: businessmen have lost sight of the importance of sales in business. Too many now value social media exposure over profit - to their detriment. These days, #entrepreneurs are reluctant to...
The Best Countries without Taxes in Asia
Dateline: Kuala Lumpur, Malaysia When we think about countries with no income tax, our brain often goes to the Cayman Islands: The British overseas territory, Saint Kitts and Nevis the island nation, or Europe, where a web of historical treaties, legal exemptions, and...
3 Surprisingly Cheap Real Estate Markets Overseas
Dateline: Kuala Lumpur, Malaysia The world is a big place full of all kinds of business and investment opportunities. And so, here at Nomad Capitalist, we like to keep our eyes out for a good deal. But a good deal isn’t just about the price tag. If the best places to...
How To Avoid Problems With Your Offshore Debit Cards
Dateline: Kuala Lumpur, Malaysia Most people don’t travel. In fact, almost half of US citizens don’t have a passport. Unsurprisingly, the world’s infrastructure is not designed with the digital nomad or Nomad Capitalist lifestyle in mind. As such, at times there...
This High Interest Bank Account Earned 10% Per Year
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...
The Best Nomadic Lifestyle Jobs (and How to Land Them)
Digital nomad. A word that was covered in mystery ten years ago today is an increasing trend. People want to live their best life without being dependent on anything, and the idea of simultaneously working and traveling the world sounds very appealing to many. The...
Digital Nomad Lifestyle: All Pros and Cons to Keep in Mind
Digital nomad lifestyle has plenty of perks, but nothing in life is rainbow and butterflies. Fifteen years ago, few people could quit their full-time job to seek a freelance career. Mostly, people's ultimate dream was to have a stable income, mortgage, and vacation...
St Kitts Travel Guide for Families and Couples
St Kitts and Nevis is a hidden treasure of the Caribbean sea. Caribbean islands may look alike. They all have blissful beaches, lush jungles, and crystal-clear blue ocean. But they are far from being the same. And if we had to pick one Caribbean destination where to...
44 Digital Nomad Visas to Get: The Ultimate Digital Nomad Visa List
The world has dramatically changed in the past few years thanks to the pandemic. Now, workers and location independent business owners everywhere realize they don't need to stay in one place to get work done. All that digital nomads need is a laptop and the legal...
Traveling to Antigua: Our Favorite Luxury Hotels
Antigua and Barbuda is one of the best destinations in the Caribbean Sea. Sometimes, all you need is a tropical dream vacation. That's why digital nomads and entrepreneurs head to the Caribbean region. You can indulge in the beauty of multiple countries, but Antigua...
The Best Beach Towns in Mexico for Families and Expats
Mexico is one of our most loved destinations. We love it so much that we chose it as the location for our Offshore Conference. The vibrant culture, friendly people, and international and diverse flavors are just some things we adore about Mexico City. But besides...
A Nomad Guide: 7 Things to Do in Seychelles
Seychelles is an island paradise strategically located off East Africa, surrounded by the warm waters of the Indian ocean. The archipelagic, tropical country boasts scattered islands with long stretches of white sand beaches, rich flora and fauna, and friendly locals....