Five International High Yield Savings Accounts
Dateline: Tbilisi, Georgia I came back to Georgia’s intriguing capital city on a mission. While I own a home, have plenty of friends, and enjoy the amazing food and wine in this little-known part of the Caucasus, I’m back in town today to open a bank account....
Six Lump Sum Tax Countries to Lower Your Tax Rate
Dateline: Kuala Lumpur, Malaysia There are many ways to legally reduce both your personal and business tax rates by going offshore. You could move to a zero-tax country like the United Arab Emirates, Monaco, or Vanuatu. Or you could structure your business to save tax...
Everything You Need to Know about Singapore Savings Bonds
Dateline: Singapore In today’s low-yield environment, investors must constantly decide between “safe haven” assets with practically zero yield, or “riskier” assets that offer a few percent. Here at Nomad Capitalist, we believe that both can be part of a balanced,...
Becoming an Austrian Citizen is Harder than You Think
Dateline: Kuala Lumpur, Malaysia There are plenty of fish stories floating around in the world of second citizenship. One of the longest-running is that you can easily become an Austrian citizen in a matter of months, with little effort. The origin of this myth...
How to Prepare for the Next Financial Crisis
Dateline: Tbilisi, Georgia The coronavirus and ensuring market panic should be enough to convince anyone that a financial crisis can happen at any time and for any reason. From recessions and global pandemics to wars and political changes, markets can turn on a dime...
How to Avoid Negative Interest Rates
Dateline: Singapore Negative interest rates have gone from an impossible fantasy just a few years ago to a reality that now impacts hundreds of millions of savers around the world. Thanks to the lingering impact of the Great Recession, central banks started...
10 Doug Casey Predictions for 2020
Dateline: Kuala Lumpur, Malaysia Doug Casey was the original “international man”; along with Harry Schultz’s concept of “three flag theory”, he was one of the original advocates of internationalization that paved the way for us here at Nomad Capitalist to adapt...
How to Avoid Passport Revocation by the IRS
Dateline: Kuala Lumpur, Malaysia Governments around the world have increasingly been imposing restrictions on both citizenship and obtaining an actual passport to travel on. From Canada’s creation of “second class citizens” to President Trump’s denaturalization of US...
How to Hire the Best Expat Tax Service for Americans
Dateline: Kuala Lumpur, Malaysia When it comes to US taxes for expats, I’ve always been very clear: you need an international tax professional. Whether you work overseas and claim the Foreign Earned Income Exclusion, have foreign investments that provide an income, or...
Can a Felon Get a Passport?
Dateline: Kuala Lumpur, Malaysia The freedom to return to or depart any country, including one’s own, is a fundamental human right. Human rights aside, actually leaving your country may not be so easy for some people. That’s because obtaining a passport is...