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Andrew Henderson

Founder of Nomad Capitalist and the world’s most sought-after expert on global citizenship.

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Why Kongo Gumi Failed

Why Kongo Gumi Failed

Our founder, Andrew Henderson, is a big fan of Dave Ramsey's book EntreLeadership.  It is a guide to building and leading successful businesses based on simple entrepreneurial principles, one of which is the importance of having no debt.  In this article, we...

Woke Culture: Why Zuby Got Suspended on Twitter

Woke Culture: Why Zuby Got Suspended on Twitter

The British rapper has experienced firsthand the benefits and freedoms that come with being a global economic citizen, proving that where you are born is not necessarily the best place for you. Book your tickets now so you don't miss the last chance to experience...

What To Learn From DeSantis Vs. Disney

What To Learn From DeSantis Vs. Disney

It looks like the DeSantis Vs. Disney saga might well be finally drawing to a close. Disney has taken Ron DeSantis to court. The Florida governor and presidential hopeful can now look forward to fighting a two-front battle against Mickey Mouse and Donald Trump. So if...

How to Obtain French Citizenship by Descent

How to Obtain French Citizenship by Descent

Can you imagine anything more romantic than sipping champagne at the Eiffel Tower in Paris, the world capital of high fashion, fine art and delectable cuisine? Have you always admired the nonchalant attitude of the French and their carefree way of life? Would you like...

How to Get Irish Citizenship by Descent from Grandparents

How to Get Irish Citizenship by Descent from Grandparents

The Irish have a well-earned reputation for being some of the friendliest people in the world. But that's far from being their only strength because, when it comes to the kind of offshore strategies we discuss at Nomad Capitalist, Ireland ticks a lot of boxes. With...

8 Most Livable Places in Southeast Asia in 2024

8 Most Livable Places in Southeast Asia in 2024

Southeast Asia is often one of the first places people try 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 people usually fail to consider that it’s more than just a short-term place to go on holiday to....

Double a Penny for 30 days… Now Pay Taxes

Double a Penny for 30 days… Now Pay Taxes

If your finances are in dire need of rescue, then investing in foreign real estate or creating an international Certificates of Deposit (CD) ladder is probably not your biggest concern right now.  But even if your business is making a million dollars and your...

How to Get Cayman Islands Residence and Pay Zero Tax

How to Get Cayman Islands Residence and Pay Zero Tax

Without a doubt, one of the most essential parts of your tax, business and lifestyle strategy is choosing where you want to actually live. You can move to Asia to make your money go further, or if you want to live in the European Union (EU), you are free to choose...

15 Easy Second Residency Programs Anyone Can Get

15 Easy Second Residency Programs Anyone Can Get

Of everything that we publish here at Nomad Capitalist, and we create lots of content given the scope of our international reach, the most popular articles are those that deal with getting an easy second residency. Whether it’s citizenship-by-investment programs or...

16 Countries with No Income Taxes

16 Countries with No Income Taxes

At Nomad Capitalist, our motto is simple: Go Where You’re Treated Best. But finding that place can be complicated, so a major part of going where you’re treated best is choosing the places that suit your personal preferences.  You may enjoy the hustle and bustle...

Back to the Gold Standard: Will there be a Gold Backed Currency?

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...

7 Non-CRS Countries For Banking Privacy in 2024

7 Non-CRS Countries For Banking Privacy in 2024

Where do you pay your taxes? From banks to brokerage accounts, being asked where you’re a tax resident is now a common question. This follows years of banks asking, ‘Are you a US citizen or permanent resident?’ to ensure you both comply with the Foreign Account Tax...

Highest Global Interest Rates at Offshore Banks in 2024

Highest Global Interest Rates at Offshore Banks in 2024

In today's yield-starved environment, finding any kind of return for your cash on hand has become increasingly difficult.  Depositing your money in banks with developed markets, such as those denominated in US dollars, euros or British pounds, might seem a stable...

Europe’s Golden Visas: 5 Highly Pursued EU Residence Programs

Europe’s Golden Visas: 5 Highly Pursued EU Residence Programs

Residence by investment (RBI) goes by many names, including the golden visa and the investor program but, regardless of what you want to call it, one thing is true: the immigration investment industry has grown immensely in Europe.  Portugal's Golden Visa program...

The Largest Value Banknotes in the World

The Largest Value Banknotes in the World

Even if you appreciate the value of holding cash, you probably don't like the idea of carrying around a brick of currency worth a few hundred bucks.  In that case, you will appreciate a list of the largest banknotes in circulation. It makes for interesting...

The 14 Easiest and Cheapest Second Residencies in the EU

The 14 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...

17 Countries with the Highest Tax Rates in The World in 2024

17 Countries with the Highest Tax Rates in The World in 2024

Taxation stirs global debate like little else. In some nations, taxes are little more than a whisper while, in others, they roar, with the local Internal Revenue Service claiming up to half of your income. The choice of where to plant your fiscal roots can dictate...

12 European Countries with the Lowest Taxes: 2024 Tax Guide

12 European Countries with the Lowest Taxes: 2024 Tax Guide

Ever dreamed of living in Europe? You're not alone. The problem is that the continent's traditionally high tax rates have turned many successful entrepreneurs and investors away from Europe, forcing them to explore zero-tax options in the Caribbean, the Middle East or...

30 E-Visa Countries to Visit: The 2024 Ultimate Guide

30 E-Visa Countries to Visit: The 2024 Ultimate Guide

The world might not be enough, but it's enough to be getting on with. It's big, exciting and ever-changing so, in response, at Nomad Capitalist we annually update our list of countries that allow dual citizenship and those that don't. One thing, however, tends to stay...

The 5 Best Countries for Judicial Independence and Rule of Law

The 5 Best Countries for Judicial Independence and Rule of Law

How important is judicial independence and the rule of law? What makes a nation truly just and free in a way that protects its citizens and ensures an equal distribution of power?  In advocating for more fair and just societies, these questions are exactly what...

How Not to Pay Taxes: Four Legal Ways to Not Pay US Income Tax

How Not to Pay Taxes: Four Legal Ways to Not Pay US Income Tax

Why do people pay so much tax in the US? How do citizens and businesses stay in the game in the face of the government taking such a hefty slice of the pie? The answer is that they look for legal ways to reduce their tax burden.  Yet, US citizens still have to...

The five richest countries in the world

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

Pay Zero Income Tax With Non-Habitual Residence in Portugal

Update February 2023: Portugal has announced it is canceling its Golden Visa program. For information on alternative Golden Visa programs or advice on obtaining residency in Europe contact our team.  Dateline: Valencia, Spain I don't spend much of my time in...

Get a Second Residence and Pay No Tax in 25 Tax-Free Countries

Get a Second Residence and Pay No Tax in 25 Tax-Free Countries

Having a second citizenship is an important part of international diversification, but having a backup passport alone does not reduce your tax obligations if that’s your goal. US citizens can have as many passports as they want (we know one guy who has eight), but...

Citizenship by Marriage: 14 Passports to Get by Marrying a Foreigner

Citizenship by Marriage: 14 Passports to Get by Marrying a Foreigner

Like it or not, it’s often assumed that when someone from an emerging country marries a US person – or Westerner in general – part of the motivation is that they're seeking better life opportunities. Now, it’s not our job to debate the merits of such assumptions,...

Countries With no Property Taxes Where You REALLY Own Your Home

Countries With no Property Taxes Where You REALLY Own Your Home

When in 1848, influential thinker John Stuart Mill said,’ landlords grow rich in their sleep, without working, risking or economising’, he did so as a critique of profits he felt should belong to the community and not the individual. Here at Nomad Capitalist, we...

10 Countries with the Safest Offshore Banks

10 Countries with the Safest Offshore Banks

If you’re new to the world of offshore banking, you may understandably be concerned about bank safety. After all, many people, influenced by false media reports, believe that there's a risk their money can simply vanish if they move it overseas.   You may...

Which Countries Allow Dual Citizenship in 2024?

Which Countries Allow Dual Citizenship in 2024?

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...

8 Expat-Friendly Countries with No Capital Gains Taxes

8 Expat-Friendly Countries with No Capital Gains Taxes

If there's a number one rule at Nomad Capitalist, it's that everyone should go where they are treated best. That conviction and how to find legal ways to help people achieve is what makes us get out of bed in the morning. Our teams travel the world looking for places...

How to Get South Korean Residence and Citizenship

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...

Why Non-Extradition Countries Won’t Save You

Why Non-Extradition Countries Won’t Save You

Thinking about moving your business or assets offshore? Then, it's wise to first get your head around the tangled web of international law, especially extradition.  But even before you immerse yourself in that, take note that no matter how far you go, you can't...

Why Open an Offshore Company in the Bahamas?

Why Open an Offshore Company in the Bahamas?

Like many island nations in the West Atlantic Ocean, the Bahamas is known for its pristine white sand beaches, turquoise waters, and barrier reefs. Nothing new there. What is less well-known is that the Bahamas also offers a zero-tax regime, making it an ideal...

Why Incorporate a British Virgin Islands (BVI) Company?

Why Incorporate a British Virgin Islands (BVI) Company?

The Virgin Islands, commonly referred to as the British Virgin Islands (BVI), is a British Overseas Territory consisting of four larger islands to the east of Puerto Rico in the Caribbean.  The islands were named by Christopher Columbus after the legend of Saint...

Zero-Tax Countries: Where to Move to in 2024

Zero-Tax Countries: Where to Move to in 2024

Whether you’re a digital nomad, a crypto investor, a successful entrepreneur or just plain old wealthy, there are plenty of reasons to reach for your suitcase in 2024.  While it’s true that travel broadens the mind, it’s no less accurate that being prepared to...

Best 6 EU-Based Digital Nomad Visas for 2024

Best 6 EU-Based Digital Nomad Visas for 2024

It's not easy to type out an important email with sunlight glaring against your laptop screen or sand clogging your keyboard. So, when the idea of being a digital nomad and living the digital nomad lifestyle began to emerge as a kind of blend between work and...

Best European Countries to Start a Business in 2024

Best European Countries to Start a Business in 2024

Many entrepreneurs who realise they can run their business from anywhere in the world are looking to countries with low or no taxes and a business-friendly environment. Their shared objective is as simple as it is elusive – to keep more of their money to reinvest,...

Benefits of Offshore Gold Storage

Benefits of Offshore Gold Storage

So if you have been keeping up with the latest economic news and read our latest articles on gold, including the Ultimate Guide to Gold Coins and 10 Tips for Buying Gold in 2023, you are now no doubt well-informed on the benefits of investing in precious metals. ...

Best Countries for Offshore Companies in 2024: The Ultimate Guide

Best Countries for Offshore Companies in 2024: The Ultimate Guide

From lowering your taxes, growing your business faster, protecting your assets from litigation, gaining access to new markets, new investment opportunities and estate planning, there are many benefits of offshore company formation.  But is it legal? That’s a...

Setting Up a Company in the UAE: The Ultimate Guide 2024

Setting Up a Company in the UAE: The Ultimate Guide 2024

The United Arab Emirates (UAE) is among the world’s fastest-growing business destinations. With its strategic location and strong government support, the UAE has attracted entrepreneurs from across the world by making business easy to conduct and providing...

Establishing a Singapore Tax Residence: The Ultimate Guide

Establishing a Singapore Tax Residence: The Ultimate Guide

Singapore is a small island nation just south of the Malay peninsula. It’s a place of eternal spring, without snow or cold weather, thanks to its place at the equator. It comprises 64 islands, with Pulau Ujong being the largest. Singapore has a lot to offer foreign...

Starting a Business in Madeira: The Ultimate Guide

Starting a Business in Madeira: The Ultimate Guide

Starting a business in Madeira may not be the first choice of many entrepreneurs though some of the incentives might make you pause for thought. As the Portuguese jurisdiction jostles for investment in an already crowded market, it offers low corporate tax rates and...

Why Set Up a Panamanian Trust: The Ultimate Guide 2024

Why Set Up a Panamanian Trust: The Ultimate Guide 2024

In this article, we will take a closer look at Panama, the benefits of setting up a Panamanian Trust, and what requirements you must meet. If going offshore is the direction you want to take, Panama remains a fascinating destination. Our nuts and bolts guide shows you...

Starting a Business in Macedonia: The Ultimate Guide

Starting a Business in Macedonia: The Ultimate Guide

This article looks at company formation in North Macedonia, the business environment in the country, the types of companies you can form, the one type we recommend to clients, the process involved as well as the benefits you receive. North Macedonia is a low-tax...

Banking in Mauritius: The Ultimate Guide

Banking in Mauritius: The Ultimate Guide

In this article on banking in Mauritius we look at some of the benefits of opening a bank account in Mauritius, how to set up an account and what documentation you need to bring. We'll also look at some of the banks available in the country and what's on offer and see...

How to Get Mauritius Residence: The Ultimate Guide

How to Get Mauritius Residence: The Ultimate Guide

In this article, we look at Mauritius Residence, the different types of permits available to foreign nationals, and the steps involved in obtaining a permanent residence permit in Mauritius. Mauritius offers a special hybrid residence and work permit known as an...

How to Set Up a Luxembourg Trust in 2024: The Ultimate Guide

How to Set Up a Luxembourg Trust in 2024: The Ultimate Guide

This ultimate guide will discuss how to set up a Luxembourg trust. We'll also take an in-depth look into the benefits of a Luxembourg trust. A Luxembourg trust is an excellent asset protection tool for individuals who don't trust or want to associate themselves with...

How to Start an Offshore Company in Ireland

How to Start an Offshore Company in Ireland

This article discusses what's involved in setting up an offshore company in Ireland, why Ireland's such a popular jurisdiction for company formation and how to take advantage of the country's favorable tax laws and skilled, English-speaking workforce. Using offshore...

Lower Your Taxes by Moving to Costa Rica: The Ultimate Guide

Lower Your Taxes by Moving to Costa Rica: The Ultimate Guide

What comes to your mind when you think of Costa Rica? Beautiful images of volcanoes, rainforests, and suspending bridges, or perhaps you know the country for entirely different reasons, like its friendly tax policies or private lifestyle options. Maybe you want to...

How to Set Up a Company in Bulgaria: The Ultimate Guide

How to Set Up a Company in Bulgaria: The Ultimate Guide

This article will explore the step-by-step process of setting up a company in Bulgaria, showing how this stunning Balkan country can revolutionize your financial and personal growth. By the end of this article, you'll understand the requirements, processes, and...

Bahamas Trust: Benefits, Types, and How to Set One Up

Bahamas Trust: Benefits, Types, and How to Set One Up

What comes to mind when you think of the Bahamas? Beautiful beaches and clear waters? Undoubtedly, the Bahamas has some of the world's most scenic locations, but the country has established its supremacy worldwide in one other industry - financial services. The...

How to Set Up a Company in Barbados: The Ultimate Guide 2024

How to Set Up a Company in Barbados: The Ultimate Guide 2024

Is it your dream to set up a company in Barbados in 2023? Going offshore is a great tactic that allows you to choose your tax rate and maximize tax savings. Establishing a legal entity in Barbados gives you excellent tax relief. The island's business climate is...

Why You Should Start a Business in Montenegro

Why You Should Start a Business in Montenegro

This article discusses why you should start a business in Montenegro, its benefits and requirements, and which Montenegrin business structures are most popular with foreigners. Montenegro is one of the most underrated countries in Eastern Europe. It has everything...

Starting a Business in the Cook Islands: The Ultimate Guide 2024

Starting a Business in the Cook Islands: The Ultimate Guide 2024

Would you like to start a business in the Cook Islands? Going offshore is one of the best asset protection tools at your disposal. Our in-depth guide gives you the lowdown on starting an offshore company in the Cook Islands. By establishing a Cook Islands limited...

How to Set Up an Offshore Company in Andorra

How to Set Up an Offshore Company in Andorra

There are many compelling reasons why you might want to set up a company in Andorra. If you're looking for a European base with an investor-friendly tax system, you may already have a list of potential locations in mind. With corporate and personal income tax rates of...

How to Set Up an Offshore Trust in St. Kitts and Nevis

How to Set Up an Offshore Trust in St. Kitts and Nevis

Breaking News: St Kitts and Nevis Raises Minimum Investment for Citizenship-by-Investment Program St Kitts and Nevis has signed up to a new deal that’s set to shake up the Caribbean Citizenship-by-Investment (CBI) scene. Along with Grenada, Antigua & Barbuda and...

How to Set Up a Company in Cyprus: The Ultimate Guide

How to Set Up a Company in Cyprus: The Ultimate Guide

We know you have so many questions about starting a company in Cyprus. They, no doubt, range from the basic: Can a foreigner open a company in Cyprus? This ultimate guide will provide all the answers about tax planning purposes and so much more. Our responses may give...

Banking in Dominica: The Ultimate Guide

Banking in Dominica: The Ultimate Guide

Lush mountains, a verdant rainforest populated by hummingbirds and parrots, and white sand beaches, Dominica ticks all the boxes when it comes to picturing an offshore banking hotspot. Out of all the 25 Caribbean countries, Dominica is an island that has shown sizable...

El Salvador-China Relations: Free Trade in a Falling Economy

El Salvador-China Relations: Free Trade in a Falling Economy

El Salvador is a small and, by most means, the unremarkable country in Central America. It's not a popular retirement destination like Costa Rica neither is it economically successful like Panama. Most people know the Republic of El Salvador for one thing - crypto...

How to Open a Gibraltar Offshore Company

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

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 Best Countries to Retire In The World

The Best Countries to Retire In The World

Choosing any second residence or the best country to retire in can be very daunting.  You can choose from thousands of locations as your next home, but where do you start? Here we have made it a little easier and give your our choices for the best...

How to Replace Medicare When Moving Overseas

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 Achieve Overseas Connection – A Talk with Doug Casey

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

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

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

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

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...

Are Offshore Banks Safe and Secure?

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

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

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

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

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

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...

Form 8858: US Taxes on Foreign Disregarded Entities

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

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

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

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?

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...

CFC Rules: Taxes on Controlled Foreign Corporations

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...

A List of the Best Offshore Private Vaults

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 James Bond, while others...

Offshore Life Insurance: the Last “Tax Shelter” for US Citizens

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

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,...

US FEIE: How the Bona Fide Residence Test Works

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

11 Reasons to Use an Offshore Company for Business

Despite what the media would have you believe, numerous legal and legitimate reasons exist 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 arguments for the true value...

Mauritius Offshore Companies for Tax Reduction: An Introduction

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

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

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

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...

A New World Requires New Tools and Services

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

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

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?

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...

The end of offshore tax havens?

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

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...

Poland Citizenship by Descent and Marriage

Poland Citizenship by Descent and Marriage

If modernity fused with tradition is your ‘thing’ then Poland is a country you don’t want to miss out on. This union is evident from the moment you arrive at Warsaw’s Chopin Airport. More than a gateway to Poland, Chopin is a symbol – a vision of sleek contemporary...

What is Panama’s Qualified Investor ‘Red Carpet’ Visa? 

What is Panama’s Qualified Investor ‘Red Carpet’ Visa? 

If you imagine Panama is full of dirt roads, rural squalor and economic disadvantage, think again. For one, Panama City, like an emerging Miami with tall skyscrapers and sparkling ocean, has all the attractions of a modern, well-heeled, sophisticated hub - like you...

How to Get Serbian Citizenship by Exception

How to Get Serbian Citizenship by Exception

What do Johnny Depp, Steven Seagal, and Ralph Fiennes have in common?  Well, apart from the obvious fact that they are all famous actors, each of them has been granted honorary Serbian citizenship.  However, as famous as these movie stars are, achieving...

Malta’s Permanent Residence Program: The Ultimate Guide

Malta’s Permanent Residence Program: The Ultimate Guide

Arriving in Malta at the break of dawn, the first glimpse of the island emerges from the quiet Mediterranean, a silhouette against the early morning light.  As the ferry approaches the Grand Harbour, it’s impossible to avoid the blend of ancient fortifications...

How to Pay Zero or Low Taxes in Malaysia (Territorial Tax)

How to Pay Zero or Low Taxes in Malaysia (Territorial Tax)

From its tropical beaches to its lush green hilly countryside and stunning modern capital, Malaysia is beautiful. But don’t just take our word for it; Compare the Market Australia has officially recognised it as the 13th most popular country to move to and has...

How to Pay Zero or Low Taxes in Costa Rica (Territorial Tax)

How to Pay Zero or Low Taxes in Costa Rica (Territorial Tax)

Costa Rica offers a stable political climate, a strong expat community, and good infrastructure. You couldn't find a better place to slow down, spend lots of time outside, buy or rent an affordable property, and live closer to nature.  We have yet to get to the...

How to Pay Zero or Low Taxes in Panama (Territorial Tax)

How to Pay Zero or Low Taxes in Panama (Territorial Tax)

You've probably heard lots of rumors, half-truths, and downright falsehoods about how paying zero tax in Panama is possible.  It's not surprising, given Panama's reputation over the years as a tax haven, a place to hide your money, and one that throws...

How to Pay Zero or Low Taxes in Ecuador

How to Pay Zero or Low Taxes in Ecuador

Latin America is one of the most accessible regions in the world to get residence and, in many cases, second citizenship.  There are numerous options in Spanish-speaking countries where you can easily go and take a small income and get set up with a second...

How to Pay Zero or Low Taxes in Chile (Five-Year Exemption)

How to Pay Zero or Low Taxes in Chile (Five-Year Exemption)

Chile is a country that offers a lot. Apart from stunning geography, fantastic art, and famous wines, it's a relatively tax-friendly country.  For seven-and eight-figure entrepreneurs and investors who have wealth and want to protect and grow it, Chile is of...

How to Pay Zero or Low Taxes in Uruguay (Ten-Year Exemption)

How to Pay Zero or Low Taxes in Uruguay (Ten-Year Exemption)

Uruguay is well worth considering for those who want an affordable, relaxed lifestyle in a low-tax environment within the Americas.  Uruguay is a  politically stable country with strong democratic governance and a well-developed financial sector. These...

How to Live in Georgia (the country) and Pay Zero or 1% Tax

How to Live in Georgia (the country) and Pay Zero or 1% Tax

Georgia's attractive visa policy, low tax rates, and high quality of life make it an excellent option to live, work, and invest in.  This article explores the tax and lifestyle benefits for high-net-worth individuals looking to live in Georgia and pay little or...

Why Portugal’s NHR Tax Incentive is Going Away 

Why Portugal’s NHR Tax Incentive is Going Away 

For years, Portugal has offered one of Europe's most popular tax incentives called the NHR program for non-habitual residents.  While Portugal's NHR program may end, the window is still open for you to act now. There are still opportunities to move to Portugal,...

How To Get Dual Citizenship In Ireland

How To Get Dual Citizenship In Ireland

From its raw natural beauty to its warm, welcoming people, Ireland is a special destination with a unique culture. Expect the unexpected on this island, whether it's the fast pace of life in the capital, Dublin, with its abundant art, culture and history or the more...

Is Puerto Rico a Tax Haven?

Is Puerto Rico a Tax Haven?

Puerto Rico means: ‘rich port’. While this may have been the case in the past, unfortunately, the gorgeous island in the Gulf of Mexico has suffered many economic setbacks in recent years.  That’s why they implemented Act 20 and Act 22 (later merged into Act 60)...

Are Puerto Ricans US Citizens?

Are Puerto Ricans US Citizens?

We start with an overview of the country, including its history, its relationship with the United States and its impact on the Puerto Rican people. We also look at the economy of Puerto Rico, the challenges it faces, the tax benefits it offers to U.S. citizens and why...

Top 10 Best Countries for Homeschooling

Top 10 Best Countries for Homeschooling

This article will talk about some of the best countries for homeschooling. True, it isn't a topic we usually discuss here at Nomad Capitalist. However, lifestyle design is - after all going where you're treated best means getting the best for your family too. Getting...

10 of the Safest Countries in Africa for Nomads

10 of the Safest Countries in Africa for Nomads

From the bustling cities of the North to the tranquil landscapes of the South, Africa is a continent offering a treasure trove of opportunities for travellers and investors alike. But there's one factor that matters to many digital nomads above all else: personal...

The 9 Best Places to Live in Portugal

The 9 Best Places to Live in Portugal

Portugal is a top tourist destination thanks to a winning combination of beautiful beaches, a warm climate and a relaxed pace of life. It is also regarded as one of the most welcoming European countries, with large numbers of expats relocating to Portugal’s cities and...

The 11 Most Densely Populated Countries in the World

The 11 Most Densely Populated Countries in the World

Where in the world are the countries with the highest population density? Going offshore in a densely populated country means access to large consumer markets and competitive real estate markets with high ROI potential.  If your home country keeps putting up...

How Much Do Doctors Make Around the World?

How Much Do Doctors Make Around the World?

Healthcare professionals are among the hardest-working people in our communities, and during the pandemic years were pushed to their limit.  Many doctors feel that their salaries and working conditions remain seriously lacking. Is that you?  According to an...

Most Powerful Country In The World

Most Powerful Country In The World

From the tiniest microbes to the largest predators, life is an endless power struggle. So why should our species be any different? Human history is the story of factions competing for power and prestige by asserting their financial, cultural and military influence....

Best Countries to Live In

Best Countries to Live In

With 195 nations to choose from, determining the best countries to live in is challenging, to say the least. Fortunately, Nomad Capitalist is here to break down the best countries to live in and help you solve questions like: Where can I find a better quality of life?...

What is Citizenship? 

What is Citizenship? 

Citizenship refers to the legal status or bond between an individual and the country/government, where the person owes allegiance to the state and is entitled to certain legal rights and protections.  It also comes with certain legal rights, freedoms, duties,...

Does US Allow Dual Citizenship?

Does US Allow Dual Citizenship?

Can an American citizen get dual citizenship? The simple answer is yes, but the how is what makes all the difference. Keep reading about what it means to have dual citizenship, the benefits, and how to get one. The Nomad Capitalist team has helped our high-net-worth...

How to Get EU Citizenship as an American: The Ultimate Guide

How to Get EU Citizenship as an American: The Ultimate Guide

This article discusses how to get EU citizenship as an American, the benefits of an EU passport for a US citizen, and why is it necessary to get your European citizenship today. Investors and entrepreneurs worldwide have always valued EU countries for their excellent...

How to Get the Netherlands Startup Visa in 2024: The Ultimate Guide

How to Get the Netherlands Startup Visa in 2024: The Ultimate Guide

This article discusses the Netherlands Startup visa, its eligibility requirements, the application process, and the pros and cons of company formation there. The Netherlands is among the top five happiest countries in the world thanks to its excellent social welfare...

Canadian Startup Visa Program in 2024: The Ultimate Guide

Canadian Startup Visa Program in 2024: The Ultimate Guide

This article discusses the Canadian Startup visa, its eligibility requirements, the application process, and benefits. Innovative entrepreneurs, investors, or venture capitalists may have an improved chance of getting Canadian residency since the country is very open...

How to Get Portuguese Citizenship: The Ultimate Guide

How to Get Portuguese Citizenship: The Ultimate Guide

This article will discuss how to get Portuguese citizenship, several ways to become a Portuguese citizen, its benefits, and the application process. Famous for its beautiful coastline, exquisite cuisine, delicious wine, and historical towns, Portugal is one of the...

How to Get the Portugal D7 Visa in 2024: The Ultimate Guide

How to Get the Portugal D7 Visa in 2024: The Ultimate Guide

There's been a lot of turmoil in the world of visas in the last year, none more so than in Portugal, where the country's once-popular Golden Visa has been significantly altered. The good news for fans of 'the oldest nation-state in Europe' is that Portugal’s D7 visa...

Is Malta a Tax Haven? Everything You Need to Know in 2024

Is Malta a Tax Haven? Everything You Need to Know in 2024

This article discusses if Malta is a tax haven and what characteristics a jurisdiction must possess to be termed a tax haven. We will also briefly discuss Malta's tax system and how investors and entrepreneurs can move to Malta to reduce their taxes. Malta is an EU...

Visa-Free Countries for US Citizens in 2024

Visa-Free Countries for US Citizens in 2024

Once considered the best, most powerful travel document in the world, the US passport is beginning to lose its appeal.  That's evident from many sources, including our own Nomad Passport Index which, in 2024, ranks the US passport in a lowly 44th place, just...

The Cheapest Places to Live in the World: The Ultimate Guide 

The Cheapest Places to Live in the World: The Ultimate Guide 

Is a low cost of living the ultimate factor in choosing an overseas travel or second home destination? Tempting as it is to immediately say 'yes', the truth is that the answer isn't straightforward. It depends. If you’re only visiting a country for a few weeks, the...

Is a US Passport Really the Best? 

Is a US Passport Really the Best? 

Most Americans believe their nation has the best of everything. But did you know that the US passport ranks relatively low compared to other countries?  If you’re from the US, you probably think your passport ranks 1st, or at least close to 1st. However, if you...

Residency vs Citizenship: What’s the Difference? 

Residency vs Citizenship: What’s the Difference? 

What's the difference between a visa, residence permit, and citizenship? Don't worry, you are not the first to be confused by the nuances of residence and citizenship in different countries.  Here we will clarify the terminology, exactly what residence and...

St Lucia Passport in 2024: The Ultimate Guide

St Lucia Passport in 2024: The Ultimate Guide

This article asks the question, "how strong is the St Lucia Passport in 2024?" and discusses whether it's a good addition to your passport portfolio. If you're unfamiliar with the RCBI world, you may be surprised why a small Caribbean country is so popular among...

Best Countries For Digital Nomads In 2024: The Ultimate Guide

Best Countries For Digital Nomads In 2024: The Ultimate Guide

In this article, we'll discuss the best countries for digital nomads, what makes a country digital nomad friendly, and how you can integrate the Nomad Capitalist lifestyle with digital nomadism. The pandemic changed the world. One aspect that completely transformed...

Best Cities For Digital Nomads In 2024: The Ultimate Guide

Best Cities For Digital Nomads In 2024: The Ultimate Guide

This ultimate guide will discuss the best cities for digital nomads, why they're considered the best, and how a digital nomad can go one step further and be a Nomad Capitalist. The digital nomad movement picked up pace during the pandemic, with many countries rolling...

What is EU Citizenship And How To Get it

What is EU Citizenship And How To Get it

This article will answer all your questions on how to get EU citizenship, the different methods involved plus the rights and benefits all EU citizens receive. We start by taking a look at what EU citizenship is and the advantages it offers, alongside the added...

Should You Invest in a Golden Visa? Pros and Cons 2024

Should You Invest in a Golden Visa? Pros and Cons 2024

The pandemic of 2020 significantly altered the political landscape for many living in the U.S.  Ever since this time, Americans have sought ways to leave the country if the need should arise. Obtaining a "golden visa" is one of the most popular methods for...

How to Get Residency in Poland: The Ultimate Guide

How to Get Residency in Poland: The Ultimate Guide

This article looks at ways to gain residency in Poland. We take an in-depth look into Polish residence permits, how to acquire them, and the overall procedure. We'll also discuss the benefits of establishing Polish residency and some things to remember before adopting...

Second Passport in Chaotic Times

Second Passport in Chaotic Times

The pandemic of 2020 shifted the political, social, and economic landscape of the United States. As the country changed rapidly, many U.S. citizens realized that their freedoms, security, and financial standing were not guaranteed. As a result of this paradigm shift,...

Can Dual Citizenship Benefit Your Children?

Can Dual Citizenship Benefit Your Children?

The benefits of dual citizenship include tax benefits, access to new revenue sources, plus the ability to invest in foreign real estate markets. However, there’s one extra benefit many people aren't fully aware of: dual citizenship for their children.  As our...

What is the Cleanest Country in the World?

What is the Cleanest Country in the World?

As a Nomad Capitalist, you can choose your base from any country that suits your lifestyle and preferences. However, how do you narrow down your options? One factor to consider is a country’s cleanliness, which significantly impacts your quality of life. But why...

Why Kongo Gumi Failed

Why Kongo Gumi Failed

Our founder, Andrew Henderson, is a big fan of Dave Ramsey's book EntreLeadership.  It is a guide to building and leading successful businesses based on simple entrepreneurial principles, one of which is the importance of having no debt.  In this article, we...

What It Means To Go Where You’re Treated Best

What It Means To Go Where You’re Treated Best

Going where you're treated better is not limited to investment opportunities, it also means gaining the freedom to travel and be who you want to be.  Leaving your country and stepping outside your comfort zone gives you a greater perspective and a deeper...

The Ultimate Guide to CBDCs

The Ultimate Guide to CBDCs

Central bank digital currencies have the potential to forever change the way we transact and use our money. A growing number of countries are investigating the concept of central bank digital currencies (CBDCs). In our ultimate guide, we will take a look at what CBDCs...

Executive Order 14067 and the Future of CBDCs

Executive Order 14067 and the Future of CBDCs

Even after taking a beating in 2022, the total market cap of cryptocurrencies is currently around $1.18 trillion. Governments worldwide are in the process of investigating and creating regulations so that they can have control of digital currency and take it...

How to Get a US Green Card and Citizenship: The Ultimate Guide

How to Get a US Green Card and Citizenship: The Ultimate Guide

This article discusses how to get a US green card, with information on requirements, the necessary documents and the process involved. Although we're often known for railing against the frustrating constraints of the US tax system and its citizenship-based taxation...

How To Get Swiss Residence: The Ultimate Guide

How To Get Swiss Residence: The Ultimate Guide

In this ultimate guide on how to get Swiss residence, we'll go over everything from the requirements for a Swiss residence permit to the advantages of having Swiss permanent residency, plus the best ways to obtain Swiss citizenship. We've compiled this comprehensive...

How to Get Residence in Turks and Caicos Islands

How to Get Residence in Turks and Caicos Islands

Turks and Caicos Islands is a tranquil chain of islands in the Caribbean. The islands have some of the best opportunities for savings on annual taxes through a permanent residency program. This article will explain how to obtain residency on the island based upon your...

How to Get Turkish Residence: The Ultimate Guide 2024

How to Get Turkish Residence: The Ultimate Guide 2024

**Urgent** Update December 2024 Turkey rumoured to raise its minimum CBI (Citizenship by Investment) level from $400,000 to $600,000, effective start of 2024. In this article we discuss how to get Turkish residence, the types of resident permits available and the...

How to Get Residence in Thailand: The Ultimate Guide 2024

How to Get Residence in Thailand: The Ultimate Guide 2024

Thailand is a popular Asian travel destination for global investors, offering an abundance of opportunities for those seeking residency in this captivating country. This article is your ultimate guide to obtaining residence in Thailand in 2024. In this guide,...

Establishing Thai Tax Residence: The Ultimate Guide

Establishing Thai Tax Residence: The Ultimate Guide

This article looks at ways of establishing Thai tax residence and provides information on taxes in Thailand. Thailand is a Southeast Asian country on the Indochinese peninsula. The country is a popular travel destination, with a lot of diversity and cultural charm to...

Taxation of Non-Residents in Spain

Taxation of Non-Residents in Spain

In a perfect world, non-residents of any country would not incur any tax liability in that jurisdiction. In our imperfect world, being a non-resident in one country and a tax resident in another can be a winning strategy in reducing your taxable income. So how does...

Taxes for Non-Residents in South Africa: The Ultimate Guide 2024

Taxes for Non-Residents in South Africa: The Ultimate Guide 2024

South Africa is a residence‐based tax system. If tax reduction is an objective, you can reduce your tax liability as a non‐resident. Our comprehensive South African tax guide shows how non‐residency can affect your income tax obligations. You can use double taxation...

How to Get Serbian Residence: The Ultimate Guide

How to Get Serbian Residence: The Ultimate Guide

This article discusses how to get Serbian residence, with information on the different types of residence permits in Serbia available, the pros and cons of each plus details on how to apply. With breathtaking landscapes and stunning architecture, Serbia is the very...

How to Get Romanian Residence in 2024: The Ultimate Guide

How to Get Romanian Residence in 2024: The Ultimate Guide

Establishing residence in Romania gives you all the perks of an EU residence. Moreover, many Romanian residency options lead to citizenship, qualifying you for an excellent EU passport, business and investment opportunities, and exceptional travel freedom. Ready to...

How to Establish Portugal Tax Residency in 2024: The Ultimate Guide

How to Establish Portugal Tax Residency in 2024: The Ultimate Guide

This article will take an in-depth look into establishing Portugal tax residency and its benefits. We will also talk about Portugal's tax system, non-habitual tax residence, and whether it's suitable for foreign investors. Portugal is one of the best EU countries to...

How to Get Second Residence in Paraguay: The Ultimate Guide

How to Get Second Residence in Paraguay: The Ultimate Guide

Welcome to the ultimate guide on how to get a second residence in Paraguay. This comprehensive guide allows you to explore the finest travel and international investment opportunities in this South American country. In this guide, you'll discover the advantages of...

Woke Culture: Why Zuby Got Suspended on Twitter

Woke Culture: Why Zuby Got Suspended on Twitter

The British rapper has experienced firsthand the benefits and freedoms that come with being a global economic citizen, proving that where you are born is not necessarily the best place for you. Book your tickets now so you don't miss the last chance to experience...

What To Learn From DeSantis Vs. Disney

What To Learn From DeSantis Vs. Disney

It looks like the DeSantis Vs. Disney saga might well be finally drawing to a close. Disney has taken Ron DeSantis to court. The Florida governor and presidential hopeful can now look forward to fighting a two-front battle against Mickey Mouse and Donald Trump. So if...

Taxes for Non-Residents in New Zealand

Taxes for Non-Residents in New Zealand

Is tax applicable to non-residents in New Zealand? Unfortunately, yes. The increasing number of departures from New Zealand is largely down to individuals seeking freedom from one of the highest cases of government overreach. New Zealand's government's small thinking...

How to Get Montserrat Residency: The Ultimate Guide

How to Get Montserrat Residency: The Ultimate Guide

This article explains how to get Montserrat residency, the process, the requirements and paperwork involved and the benefits of getting a Montserrat residence permit. For those seeking a second residence, the tiny British overseas territory of Montserrat offers a...

How to Get Montenegro Residency: The Ultimate Guide 2024

How to Get Montenegro Residency: The Ultimate Guide 2024

This article looks at Montenegro residency, the different ways to obtain residency in Montenegro and some of the benefits it offers. Montenegro is a country we at Nomad Capitalist have been taking a keen interest in. It's affordable, has favorable taxes and a...

How to Get Mauritius Residence: The Ultimate Guide

How to Get Mauritius Residence: The Ultimate Guide

In this article, we look at Mauritius Residence, the different types of permits available to foreign nationals, and the steps involved in obtaining a permanent residence permit in Mauritius. Mauritius offers a special hybrid residence and work permit known as an...

How to Get Luxembourg Citizenship by Descent

How to Get Luxembourg Citizenship by Descent

Would you like to be at the heart of Europe? Do you have Luxembourg genealogy? Luxembourg Citizenship by descent (CBD) offers you the possibility to benefit from better freedom to travel, business opportunities, lower taxes, and a chance to become a resident in one of...

How to Get Japanese Citizenship by Descent

How to Get Japanese Citizenship by Descent

This article looks at how to get Japanese citizenship by descent. We start by looking at Japan as a whole, why it's different, and how the Japanese approach to immigration and naturalization differs from other countries. By understanding this first, and the mindset...

Indonesia Introduces 10-Year Visa Second Home Program

Indonesia Introduces 10-Year Visa Second Home Program

In this article, we discuss the new visa Indonesia officially launched in December of 2022. These new visas will be valid for at least 5 years and possibly up to 10 years with approval. It's expected that these new visas will draw more money to the nation by...

How to Get Hungarian Residence: The Ultimate Guide

How to Get Hungarian Residence: The Ultimate Guide

Hungary is an affordable EU country with a high standard of living and plenty of interesting investment opportunities. So should you consider the home of Harry Houdini in your escape plan? As with every country, Hungary has its benefits and its drawbacks so we wrote...

How to Get Honduras Citizenship in 2024: The Ultimate Guide

How to Get Honduras Citizenship in 2024: The Ultimate Guide

This article will discuss different ways to obtain Honduran citizenship. Central American passports can are popular second passport options providing additional travel freedom for individuals. A Central American passport also gives you an opportunity to diversify your...

How to Get Second Residence in Honduras

How to Get Second Residence in Honduras

This article discusses the topic of how to get a second residence in Honduras. We also look at the benefits of Honduran residence and the different programs available. Gaining a second residence can be beneficial in many ways and Latin America continues to prove...

How to Get German Residence: The Ultimate Guide

How to Get German Residence: The Ultimate Guide

Germany, the economic powerhouse of Europe, offers attractive opportunities for high net worth individuals that are looking for a world-class lifestyle and investment prospects. In this ultimate guide to German residence, we'll explore how you can enjoy the benefits...

Taxes in Germany for Non-Residents: The Ultimate Guide

Taxes in Germany for Non-Residents: The Ultimate Guide

This article looks at taxes in Germany for non-residents. We will look at how to become tax non-resident in Germany and what the benefits are. We also look at some of the broader implications of German tax, including how the country levies its exit tax. European tax...

How to Get Residence in Georgia: The Ultimate Guide 2024

How to Get Residence in Georgia: The Ultimate Guide 2024

This article looks at how to get residence in Georgia, the different methods of doing so and the process involved. We'll also discuss some of the benefits you gain from obtaining residence in Georgia. Georgia has long been a favorite of everybody at Nomad Capitalist;...

Tax in France for Non-Residents in 2023: The Ultimate Guide

Tax in France for Non-Residents in 2023: The Ultimate Guide

This article will discuss the tax in France for non-residents and the French tax system. We will also discuss tax-friendly jurisdictions where you can go to reduce your tax liabilities in France. France is renowned for many things. Unfortunately, this includes high...

How to Get Estonian Residence: The Ultimate Guide

How to Get Estonian Residence: The Ultimate Guide

Estonia is a strong candidate country for those seeking a European residence with a minimal physical presence requirement. This famously tech-savvy, business-friendly nation boasts favorable taxes and a strong start-up pedigree. In this article, we take an in-depth...

How to Get Czech Residence: The Ultimate Guide

How to Get Czech Residence: The Ultimate Guide

If you want to obtain a second residence in Europe, the Czech Republic is a great all-rounder country to consider. It's a safe and affordable low-tax EU country with a stable economy, rich culture, heady nightlife, and a high standard of living. In this article, we...

How to Get Czech Citizenship by Descent in 2024: The Ultimate Guide

How to Get Czech Citizenship by Descent in 2024: The Ultimate Guide

Nestled in the heart of Europe, the Czech Republic offers a great opportunity to secure a second home and European base for business or investment opportunities. The country also boasts one of the best passports in the world, ranked 14 in the Nomad Passport Index for...

How to Get Curacao Residence by Investment

How to Get Curacao Residence by Investment

The island of Curaçao, located in the Dutch Caribbean, is known for its tranquil coves and coral reefs. Curaçao also offers a second residence program. This article discusses how to get a Curacao residence by investment, what is involved in the application process,...

How to Get Residence in Croatia: The Ultimate Guide

How to Get Residence in Croatia: The Ultimate Guide

Would you like to know what is required for Croatian residency? A residence permit for Croatia can open the door to Europe and help you go where you're treated best. Nomad Capitalist can help you secure Croatian residence and create a holistic strategy to help you...

How to Get Costa Rica Residence: The Ultimate Guide 2024

How to Get Costa Rica Residence: The Ultimate Guide 2024

Known for having the most stable and democratic government in Central America, Costa Rica has long been an immensely popular hotspot with expats. Things don't appear to be changing as the tropical land remains as popular as ever with just about everyone from retirees...

How to Obtain Bulgarian Residence: The Ultimate Guide 2024

How to Obtain Bulgarian Residence: The Ultimate Guide 2024

This article discusses how to obtain a Bulgarian residence permit, what the requirements are and the benefits you receive from meeting them. A second residence can change your life and a Bulgarian residence permit gives you better value for money and access to Europe....

How to Get Bolivian Residency: The Ultimate Guide

How to Get Bolivian Residency: The Ultimate Guide

This article will walk you through the critical steps involved in obtaining a Bolivian residency, as well as the associated costs and available visa options based on individual circumstances. Additionally, we will highlight the many advantages of Bolivia, from its...

How to Live in Georgia (the country) and Pay Zero or 1% Tax

How to Live in Georgia (the country) and Pay Zero or 1% Tax

Georgia's attractive visa policy, low tax rates, and high quality of life make it an excellent option to live, work, and invest in.  This article explores the tax and lifestyle benefits for high-net-worth individuals looking to live in Georgia and pay little or...

10 of the Least Corrupt Countries in Africa

10 of the Least Corrupt Countries in Africa

An ever-growing number of investors are starting to pay attention to Africa where both financial and citizenship opportunities are surfacing. Among is Nomad Capitalist founder, Andrew Henderson, who's already spoken at length on the exciting possibilities Africa...

10 of the Least Corrupt Countries in the World

10 of the Least Corrupt Countries in the World

If you're interested in overseas investment, you want to first make sure the places you invest in are stable and trustworthy. So today, we'll talk about ten of the world's least corrupt countries. We've used data like the Corruption Perceptions Index (CPI) scores as...

12 of the Safest Countries in the World

12 of the Safest Countries in the World

In uncertain times, safety and security become paramount considerations, so having a Plan B is a smart move. Clearly, taking a closer look at the safest countries in the world is a sensible thing for any investor or traveller to do. That's why the Nomad Capitalist...

10 of the Safest Countries in Europe

10 of the Safest Countries in Europe

In this article, have a look at 10 of the safest countries in Europe, particularly notable for their low crime rates, high global peace index rankings, and stable political environments. As the world continues to evolve, discerning individuals are increasingly seeking...

9 of the Safest Countries in Latin America

9 of the Safest Countries in Latin America

It's critically important for any world traveller or investment-savvy individual to know how safe they are when exploring new countries in Latin America or pursuing fresh opportunities there. World politics, crime, society – life – are constantly changing,...

10 of the Least Corrupt Countries in Asia

10 of the Least Corrupt Countries in Asia

In this article, we'll take a look into the 10 least corrupt countries in Asia, offering unique insights for travel enthusiasts and potential investors alike. As corruption perceptions have significant implications on economic stability, investment attractiveness, and...

10 of the Safest Countries in Asia for Nomads

10 of the Safest Countries in Asia for Nomads

From bustling cities in East Asia to the rich cultural heritage of Southeast Asia, this continent offers travellers and investors a huge range of opportunities. But there's one factor that matters to many digital nomads above all else: personal safety. Understanding...

Top 10 Richest Countries in the World by GDP Per Capita in 2023

Top 10 Richest Countries in the World by GDP Per Capita in 2023

When defining what makes a country wealthy, it's fairly standard to look at the heartbeat of its economy, the Gross Domestic Product (GDP). GDP is the tally of all goods and services produced over a set period, a pulse check on a nation's economic health.  But as...

Why Expats Need a Tax Residency Certificate

Why Expats Need a Tax Residency Certificate

So you have decided to go where you are treated best. You are leaving your high-tax country and looking forward to earning business income, capital gains, and dividends with zero or very low taxes. So now what? In this article, we will explain why expats need a tax...

What is the Cost of Living in Belize: The Ultimate Guide

What is the Cost of Living in Belize: The Ultimate Guide

This article discusses the cost of living in Belize and what should be your estimated monthly budget if you plan to move to Belize. Several countries in Central America, like Panama, Costa Rica, and Belize, are known for their affordable cost of living, natural...

The Cost of Living in Costa Rica: The Ultimate Guide

The Cost of Living in Costa Rica: The Ultimate Guide

Consistently topping the charts for the best retirement destinations in the world, Costa Rica is known for its low cost of living, quality and affordable healthcare and famous 'Pura Vida' (pure life) lifestyle. Investors and entrepreneurs are drawn to Costa Rica for...

Cost of Living in Malta in 2024: The Ultimate Guide

Cost of Living in Malta in 2024: The Ultimate Guide

This article discusses the cost of living in Malta and how affordable it is to live there compared to other (more famous) North American and European countries. We will also discuss day-to-day costs in Malta, like transportation, food, and housing. Malta is one of the...

Best Countries For Digital Nomads In 2024: The Ultimate Guide

Best Countries For Digital Nomads In 2024: The Ultimate Guide

In this article, we'll discuss the best countries for digital nomads, what makes a country digital nomad friendly, and how you can integrate the Nomad Capitalist lifestyle with digital nomadism. The pandemic changed the world. One aspect that completely transformed...

Best Cities For Digital Nomads In 2024: The Ultimate Guide

Best Cities For Digital Nomads In 2024: The Ultimate Guide

This ultimate guide will discuss the best cities for digital nomads, why they're considered the best, and how a digital nomad can go one step further and be a Nomad Capitalist. The digital nomad movement picked up pace during the pandemic, with many countries rolling...

What It Means To Go Where You’re Treated Best

What It Means To Go Where You’re Treated Best

Going where you're treated better is not limited to investment opportunities, it also means gaining the freedom to travel and be who you want to be.  Leaving your country and stepping outside your comfort zone gives you a greater perspective and a deeper...

Moving to Grenada – Nomad Capitalist Guide 2024

Moving to Grenada – Nomad Capitalist Guide 2024

This article looks at moving to Grenada, how to do it, what things you need to consider, and what the pros and cons of living in Grenada are. At Nomad Capitalist, we help seven to eight-figure entrepreneurs, business investors, and other successful professionals...

Croatia Digital Nomad Visa: The Ultimate Guide

Croatia Digital Nomad Visa: The Ultimate Guide

Digital Nomad Visas are a special designation of visa that allows foreigners to reside in a country working remotely. These visas have garnered popularity with several countries, like Croatia, since they bring more money into the local economy. Croatia is ranked as a...

Brazil Digital Nomad Visa: The Ultimate Guide

Brazil Digital Nomad Visa: The Ultimate Guide

Digital nomad visas are becoming increasingly popular across the globe. These special visas allow foreigners to take up temporary residency in a country for between 1-4 years on average. These visas do not permit holders to work in the country, but rather work...

How to Get Barbados Welcome Stamp Visa: The Ultimate Guide 2023

How to Get Barbados Welcome Stamp Visa: The Ultimate Guide 2023

The pandemic made many people change their ways, and although many changes were unpleasant, some paved the way for more personal freedom and work autonomy. Here, we're talking about remote work. Before the pandemic, remote workers made up only a minority of the global...

Antigua and Barbuda Nomad Digital Residence Program

Antigua and Barbuda Nomad Digital Residence Program

If you're new to the RCBI world, we won't judge if you can't spot Antigua and Barbuda on the map. After all, it's not even 1% of the size of the US, and it's not as well-known. However, this Commonwealth nation is pretty famous among RCBI enthusiasts and travelers -...

The Best Countries to Move to From Canada

The Best Countries to Move to From Canada

In 1837, Irish writer Anna Brownell Jameson explored central Ontario and marvelled at its endless forests, boundless wilderness and dense foliage.  At the time, she was one of a select number of Europeans to experience the sheer scale of Canada’s natural beauty....

Digital Nomads Rejoice: Bali Digital Nomad Visa in the Works

Digital Nomads Rejoice: Bali Digital Nomad Visa in the Works

The pandemic changed everything for everyone. The world stopped for a while, and it gave people enough time to rethink their life choices, whether personal or professional. The comfort that people found working remotely from their homes or any location of their choice...

Why Are People Moving Out of California and Going to Mexico?

Why Are People Moving Out of California and Going to Mexico?

Today California has nothing but its brand name. Increasing housing prices, insane state taxes, and lack of safety. How can all that fit into the brand of the Golden State? Exactly, it can't. The Californian dream is over. And California residents understand it better...

How to Establish Tax Residency in Cyprus

How to Establish Tax Residency in Cyprus

According to ancient Greek mythology, Aphrodite, the goddess of love and beauty, was born from the sea foam near a coastal town of Cyprus.  Standing tall in the crystal-clear waters, the distinctive Aphrodite's Rock seems to emit an ethereal aura. Swimming around...

The Most LGBTQ-Friendly Countries for Retirement

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 (How to Land One)

The Best Nomadic Lifestyle Jobs (How to Land One)

Once reserved for the most adventurous, who had the ideal job, living as a digital nomad is now the norm for many. People want to live their best life without being dependent on anything, and the idea of working and traveling the world simultaneously appeals to many....

Top 5: Best Quality of Life Countries in Europe

Top 5: Best Quality of Life Countries in Europe

The freedom to live life as you want, where you want and look for a better overall future should never be taken for granted. In a world where many struggle under various forms of oppression, those of us who are free to make our own choices must grab any opportunities...

Living in Belize: an Expat Guide for 2024

Living in Belize: an Expat Guide for 2024

Often overlooked by travellers and investors alike, Belize is regularly called the ‘jewel of the Caribbean basin’ by those in the know, even though it’s technically part of Central America. Regardless of whether it’s part of the Caribbean or Central America, this...

St Kitts Travel Guide for Families and Couples

St Kitts Travel Guide for Families and Couples

This travel guide discusses everything you need to know before traveling to St Kitts. We will discuss how to get to St Kitts, what to do there, and why visit St Kitts in the first place. St Kitts and Nevis is an extraordinary and special place. Like Yin and Yang,...

49 Digital Nomad Visas to Get: The Ultimate Digital Nomad Visa List

49 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. Have you always dreamed of living as a digital nomad?...

Traveling to Antigua: Our Favorite Luxury Hotels

Traveling to Antigua: Our Favorite Luxury Hotels

This article discusses traveling to Antigua and our favorite luxury hotels there. The two sister islands of Antigua and Barbuda have everything you need for a luxury vacation. Namely, all-inclusive resorts with direct beach access, exceptional spa experience, and...

Safest Countries for Women to Visit in 2024

Safest Countries for Women to Visit in 2024

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

The Best Beach Towns in Mexico for Families and Expats

This article discusses the best beach towns in Mexico for families and expats. We will also briefly discuss how you can move to Mexico, what kind of visa you'll need, and what makes Mexico an excellent fit for people looking for the ultimate beach life. Mexico is one...

7 Best Things to Do in Seychelles: A Nomad Guide for 2024

7 Best Things to Do in Seychelles: A Nomad Guide for 2024

This article discusses seven best things to do in the paradise island nation of Seychelles. If the goal is to enjoy the ultimate island vacation, you'd love Seychelles. Seychelles is an island paradise strategically located off East Africa, surrounded by the warm...

Millionaire Migration Trend: Best Places Wealthy People Live in

Millionaire Migration Trend: Best Places Wealthy People Live in

This article discusses millionaire migration trends, what causes wealthy individuals to move from one place to another, and the places they are moving toward. The definition of 'wealthy' varies. But generally, high-net-worth individuals (HNWIs) are hard-working...

Digital Nomad Visa to Get in 2024

Digital Nomad Visa to Get in 2024

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

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

How to Leave The US and Where to Go Next: 5 Easy Steps

Wondering how to leave the US? You are not alone. This article discusses how to leave the US and where to go next. The US has come a long way since its independence in 1776. Once a country synonymous with pride, freedom, and opportunities, the US, for many, has turned...

From 2025, UK Citizens Will Need an ETIAS Visa to Enter the EU 

From 2025, UK Citizens Will Need an ETIAS Visa to Enter the EU 

Although it may not sound particularly European, the Schengen Area, named after the Luxembourg village where the agreement was signed, includes 23 of the 27 EU member states, creating a borderless travel zone of over 4 million sq. kilometers.  The agreement gives...

New Germany Travel Restrictions for Safer Travel in Autumn

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...

Top 15 English-Speaking Countries for Expats in 2024

Top 15 English-Speaking Countries for Expats in 2024

While some people find the prospect of total immersion in a foreign language enticing, romantic even, plenty of others shudder just thinking about it. And that’s why they keep putting off moving abroad and lessening their tax burden. It can certainly feel isolating...

Why We’re Planting More Tax-Free Flags

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 Best Tax Havens for Families

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...

The Safest Low Tax Countries in the World

The Safest Low Tax Countries in the World

Many of us have been raised to believe that, to live in a safe country with a stable economy, you'll have to hand over considerable amounts of money in taxes to the government. But that’s simply not true. At Nomad Capitalist, we've examined which countries offer both...

7 Tax-Friendly Countries with High Life Expectancy

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

Five Ways to Prepare for Second Residence or Citizenship

At Nomad Capitalist, we've helped hundreds of people get second residence or citizenship using various immigration schemes. As exciting as the journey to claiming your second passport may be, it's a process that you need to be prepared for.  Going through these...

The Best Cities for Expats with Southern California Weather

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

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

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

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

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, and the Mediterranean...

Living in Eastern Europe: The Hidden Gems

Living in Eastern Europe: The Hidden Gems

This article discusses the hidden gems of Eastern Europe - countries that are highly underrated but provide immense value and opportunities to investors, entrepreneurs, and digital nomads. When people think of Europe, they think of high taxes and inflated cost of...

Top 14 English-Speaking Countries for Expats

Top 14 English-Speaking Countries for Expats

Have you dreamed of living and working abroad but have concerns about whether you’ll be understood and be able to communicate with the locals? In other words, you’re monolingual. 'Do you speak English?' – asking this over and over again and continually fumbling for...