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 perpetual...
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...
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 and...
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 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 the...
How to Minimize Real Estate Taxes as a Nomad
Dateline: Belgrade, Serbia How do you minimize your real estate taxes as a Nomad Capitalist? I was recently asked this by someone commenting on our YouTube channel and thought it was a good question worth addressing. The person who wrote to us was specifically...
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 Calexodus: Why You Need to Leave California Now
Dateline: Belgrade, Serbia For months, I have been urging people to wake up and realize how terrible things are becoming in California. I lived there early in my career and it was terrible then. Things have only continued their downward spiral. California has some...
7 Countries Where Residence Doesn’t Lead to Citizenship
Dateline: Belgrade, Serbia In the book Nomad Capitalist, I talked about two unique but often complementary strategies: second residence, which gives you the ability to live in a country and perhaps benefit from a favorable tax regime, and second citizenship which...