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...
How To Pay Less Taxes: 5 Offshore Methods
Dateline: Mexico City, Mexico When most people think of how they can structure their lives so that they don’t have to pay taxes, their first thought is that they have to go live in Dubai. Surprisingly, this just isn’t the case. There are more ways than you might...
9 Types of Taxes To Avoid when Moving Offshore
Dateline: Tbilisi, Georgia There are so many different types of tax that you have to consider when you’re living and traveling all around the world. In fact, we all deal with these nine different types of tax on a frequent basis. And if you’re only...
How to Move to a Tax Haven
Dateline: Tivat, Montenegro One of the most frequently asked questions I get in my course of work is one that reveals just how many misconceptions still exist in regards to investing, living, and doing business overseas. The question typically sounds something like...
The Nomad Tax Trap: Why Living “Nowhere” is Harder than Ever
Dateline: Tivat, Montenegro When I was eleven or twelve years-old, my parents began talking about picking up our lives in the United States and transplanting everything to a different country. The idea was to move my father’s business, my family, everything to New...
FAQs: Tax Incentives and Moving to Puerto Rico
Puerto Rico has been in the news quite a bit lately. Specifically, its status as a new tax haven for Americans has landed it on editorial pages from Forbes to GQ. Here at Nomad Capitalist, we believe everywhere has a right to “go where you’re treated...
The Zero-Tax Citizen: Tax-Friendly Second Passports
Dateline: Kuala Lumpur, Malaysia Those of you who are tired of paying high taxes may have heard that a tax-friendly second passport can help you legally reduce your tax burden. You might be a high-income entrepreneur who wants more control over their assets, or if...
Tax-Friendly Businesses to Start for New Entrepreneurs
Dateline: Yerevan, Armenia At Nomad Capitalist, most of the people I work with are six- and seven-figure entrepreneurs. They’ve already optimized their businesses, and they want to build on their successes by legally reducing their taxes, getting second...
15 Countries with No Income Taxes
Dateline: Manama, Bahrain At Nomad Capitalist, our motto is simple: go where you’re treated best. But where do you find that place? Part of going where you’re treated best is up to personal preference. You may enjoy living in big cities like I do, or you may never...
Banking Privacy: 13 non-CRS countries that don’t exchange information
Dateline: Kuala Lumpur, Malaysia As is the case in most countries, Malaysia has made it harder for foreigners to open a bank account in recent years. When I first started exploring this “muddy estuary” six years ago, the process was straightforward but required a few...