How to Prepare Your Business for the Next Recession
Dateline: Kuala Lumpur, Malaysia Over the last decade, we have seen the longest bull market in history. But the coronavirus pandemic is set to stress test all the businesses and fortunes that have sprouted in recent years with a major recession. People are nervous...
The 10 Best Online Business Ideas for New Entrepreneurs
Dateline: Kuala Lumpur, Malaysia Our target audience here at Nomad Capitalist includes high-income entrepreneurs and other high-net-worth individuals who wish to optimize their taxes, emigrate abroad, and live life on their own terms. As demographics go, it’s a very...
4 Countries Offering Passports for Hiring Employees
Dateline: Kuala Lumpur, Malaysia Among the most well-known ways of being able to live abroad is via the Golden Visa Programs we have mentioned on numerous occasions. But they’re often better on paper than in reality. These residencies by investment aren’t a “second...
Hiring Tips: How to Hire Slow, Fire Fast
Dateline: Kuala Lumpur, Malaysia There are few choices in business as important as deciding when to hire someone and when to fire them. Your employees are the lifeblood of your business. If you have a brilliant idea but incompetent workers, you will never succeed....
Why I No Longer Hire Freelancers
Dateline: Kuala Lumpur, Malaysia A few months ago I made a tough HR decision: going forward, I am not going to hire any freelancers for Nomad Capitalist unless I absolutely have to. I didn’t make this decision lightly. Freelancers have served me well over the years....
The 3 Major Benefits of Hiring Overseas
Dateline: Kuala Lumpur, Malaysia Here at Nomad Capitalist, we understand the value of having a global perspective – gone are the days in which you have to depend on the offerings of your local community to build your business or any other aspect of your life....
Is Hong Kong Safe for Business and Banking?
Dateline: Kuala Lumpur, Malaysia Ever since the protests in Hong Kong, I have heard from many viewers and even clients who all have the same question: Is Hong Kong safe? Is it still a safe place to bank or do business? While the media may paint the situation as very...
What Is a Nominee Director or Shareholder?
Dateline: Kuala Lumpur, Malaysia If you’ve ever incorporated a business offshore, or even looked into incorporating offshore, chances are you’ve heard of nominee directors or nominee shareholders. Using a nominee shareholder to help you open and run an offshore...
Why “Shiny Object Syndrome” Prevents Offshore Success
Dateline: Kuala Lumpur, Malaysia Let’s take a short stroll through history and the Wright Brothers story. In 1903, aspiring aviation engineers around the world were in an intense competition to see who could build the first flight-capable aircraft. Most engineers...
Legal Strategies to Reduce Payroll Tax
Dateline: Bogota, Colombia Since the American Civil War, US citizens living abroad have had to deal with citizenship-based taxation. Whereas every other country in the world uses residential, territorial or even zero tax systems to determine taxable income, US...