Andrew Henderson

Andrew Henderson

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

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Nomad Tax Team

Seven Misconceptions About Portugal’s NHR Tax Program

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

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,...

Why Having A Golden Visa Won’t Lower Your Tax Bill

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...

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...

Form I-407: How to Relinquish Your Green Card

Form I-407: How to Relinquish Your Green Card

According to the Department of Homeland Security, there were 1.1 million new “Lawful Permanent Residents (LPRs)  - known as Green Card Holders - admitted to the US in 2017. This coveted document is what you need to be a legal resident of the United States. While that...

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,...

IRS Currency Exchange Rates for Expat Tax Returns

IRS Currency Exchange Rates for Expat Tax Returns

If you are a US citizen living abroad, you are required to file your annual taxes based on your worldwide income, not merely income earned in the US. This means that any foreign-earned salary, as well as foreign-earned interest, dividends, pensions, capital gains on...

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