The world has dramatically changed in the past few years thanks to the pandemic.
Now, workers and location independent business owners everywhere realize they don’t need to stay in one place to get work done.
All that digital nomads need is a laptop and the legal right to remotely work where they choose to stay.
Countries, commonly tourism-dependent ones, have listened to the needs of digital nomads and introduced the now popular digital nomad visas, and more countries are jumping on the digital nomad visa bandwagon.
What Is a Digital Nomad Visa?
A digital nomad visa is a program that allows you to legally work remotely away from your country of residence. A tourist visa doesn’t give you that right.
The granted visas are usually valid for 12 months or more, provide multiple entries, and can or cannot be renewed for an extension, depending on the country.
You have to meet the country’s requirements first, such as proof of sufficient funds and health insurance.
In this blog, you’ll get to know all about the 33 countries currently offering their digital nomad visa programs and the 11 countries that are about to launch theirs.
Countries that Offer Digital Nomad Visas
If you are a digital nomad and you are looking to spend more than 90 days in one country, then you’d be glad to hear we’ve done the research for you.
- Anguilla
- Antigua and Barbuda
- Aruba
- Australia
- Barbados
- Belize
- Bermuda
- Brazil
- Cape Verde
- Colombia
- Costa Rica
- Croatia
- Curaçao
- Cyprus
- Czechia (The Czech Republic)
- Dominica
- Estonia
- Georgia
- Germany Freelance Visa
- Greece
- Grenada
- Iceland
- Malta
- Mauritius
- Mexico
- Montserrat
- Norway
- Portugal
- Seychelles
- Sri Lanka
- St Lucia
- Taiwan
- The Cayman Islands
Digital Nomad Visas in Europe
1. Croatia
Croatia announced a new work visa policy for digital nomads in 2021.
While the country doesn’t technically offer a visa, its temporary stay program targets digital nomads.
Fees: €75 to €155
Duration: Up to a year, and it cannot be extended. A new application can be submitted six months after the expiry of the previous one.
Internet fixed speed: 87.24 Mbps / Mobile: 150.32 Mbps
Cost of living index: Ranks 60th out of 137
Requirements include:
- Proof of self-employment or ability to work remotely
- Minimum of €2,370 per month in income or €28,440 in savings. These amounts increase by 10% per family member
- Pass a criminal background check from your home country
- Proof of accommodation/rental agreement
- Have health or travel insurance valid for the length of stay
2. Cyprus
The Cyprus digital nomad visa is limited to UK citizens, as well as other non-EU citizens.
This digital nomad visa gives remote workers the right to live and remotely work on the island for 12 months and can be renewed for an additional 24 months.
The program was capped at giving 100 temporary residence permits but was increased to 500.
Fees: €70 issuance fee and renewal fee, €70 registration to Aliens’ Registry
Duration: 12 months, can be extended for another 24 months
Internet fixed speed: 87.84 Mbps / Mobile: 168.72
Cost of living index: Ranks 42nd out of 137
Requirements include:
- Proof of a monthly income of €3,500 after taxes
- Police clearance certificate from the applicant’s country of residence
- Private medical insurance
3. Czechia (The Czech Republic)
The Czech Republic’s freelancer visa, Zivno, is a bit more complicated than most on this list. You need to have a trade license for one of these jobs from the Chamber of Commerce and Industry before you apply.
It takes 90 to 120 days for the visa to be approved.
Fees: Depends on your country of origin
Duration: one year, can be extended.
Internet fixed speed: 105.02 Mbps / Mobile: 73.21 Mbps
Cost of living index: Ranks 59th out of 137
Requirements include:
- A round-trip ticket
- Minimum of €5,587 per month in income per person
- Documents including proof of accommodation, criminal record, etc
Would you like to reside or work in the Czech Republic? If your business is online, a business visa may be your answer. The process starts with applying for a trade license
4. Georgia
The Remotely From Georgia program allows digital nomads to work for up to one year along with their families. Registering business like the Individual Entrepreneur scheme can lead to permanent residency.
There are 95 countries eligible to apply, including the US and EU members. Simply speaking, if you’re a national of one of the countries that can travel visa-free to Georgia, then your home country will essentially be on that list.
Fees: Free
Duration: up to one year
Internet fixed speed: 31 Mbps / Mobile: 42.6 Mbps
Cost of living index: Ranks 91st out of 137
Requirements include:
- Provide proof of income, with a minimum of $2,000 per month or a bank statement showing at least $24,000.
5. Estonia
Estonia launched an official Digital Nomad Visa for remote workers to remain in the country for up to one year.
Additional requirements include having a valid travel document and health insurance. They must also pass a background check. Applications must be submitted in person at the nearest Estonian Embassy or Consulate, and the processing time is typically 15 to 30 days.
Fees: €80 for a Type C (short stay) or €100 for a Type D (long stay)
Duration: Up to one year
Internet fixed speed: 94.5 Mbps / Mobile: 76.75 Mbps
Cost of living index: Ranks 48th out of 137
Requirements include:
- Proof of a minimum monthly income of €3,504 gross of tax ($3,565)
- Have an active employment contract with a remote company, through your own company registered abroad, or work as a freelancer for mostly foreign clients
6. Germany
The Freelance visa in Germany allows you to reside and work legally in the country. The first nation to introduce the special freelance visa, called Aufenthaltserlaubnis für selbständige Tätigkeit, was Germany. The program is available to non-EU citizens who wish to stay in the country for up to one year and will allow freelancers to work for up to 3 employers during that time on a full or part-time basis.
Fee: Up to €100
Duration: Six months up to three years
Internet fixed speed: 146.76 Mbps / Mobile: 96.12 Mbps
Cost of living index: Ranks 32nd out of 137
Requirements include:
- Offer of employment from an employer in Germany (Vortraggeber)
- A German residence registered with the local Residence Registration Office
- A German bank account registered with the Tax Registration Office
- German health care
7. Greece
The country’s official digital nomad visa allows expats to live and work in the country longer than 90 days.
If you want to obtain permanent residency in Greece that will eventually lead to citizenship, read more on the Greece Golden Visa.
Fees: €75
Duration: Up to two years
Internet fixed speed: 37.15 Mbps / Mobile: 58.81 Mbps
Cost of living index: Ranks 46th out of 137
Requirements include:
- Have a minimum monthly income of €3,500 with an additional 20% for a spouse and 15% for each child
- Proving that you are not employed nor engaged in any business activity in Greece
8. Iceland
Iceland is a beautiful country home to dramatic landscapes with volcanoes, hot springs, lava fields, and more.
Iceland’s long-term visa for digital nomads is available to remote workers from any country which doesn’t require a visa to travel to Iceland. The program is not available to any that are part of the EU, the European Economic Area, and/or the European Free Trade Association.
Fees: 7800 ISK ($57)
Duration: Six months
Internet fixed speed: 180 Mbps / Mobile: unknown
Cost of living index: Ranks 5th out of 137
Requirements include:
- Proof you have an income of 1m ISK ($7,318) for single applicants or 1.3m ISK ($9,514) for a couple.
9. Latvia
Latvia is a popular tourist destination with affordable accommodation and activities.
The country’s digital nomad visa allows remote workers to legally live and work remotely in the country for up to one year, with an extension of an additional year without sponsorship.
The visa is only open to internationals employed by a company registered in an Organization for Economic Co-operation and Development (OECD) country or self-employed internationals who have their businesses registered in an OECD country.
EU countries that are members of the OECD:
Austria, Belgium, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Italy, Latvia, Lithuania, Luxembourg, Netherlands, Norway, Poland, Portugal, Slovakia, Slovenia, Spain, Sweden, and Switzerland.
Non-EU countries that are members of the OECD:
Australia, Canada, Chile, Colombia, Costa Rica, Israel, Japan, Mexico, New Zealand, Norway, South Korea, Turkey, the United Kingdom, as well as the United States.
Fees: €60 or €120 for expedited
Duration: One year with an extension for another year
Internet fixed speed: 152.82 Mbps / Mobile: 78.39 Mbps
Cost of living index: Ranks 58th out of 137
Requirements include:
- Must be a citizen or resident of an OECD country
- Prove a monthly income of at least €2,857.5 ($2,911)
- Prove that you’ve been earning remote income from the same employer
10. Malta
The country’s digital nomad visa called Nomad Residence Permit allows non-EU remote workers to live and work in Malta for a full year. It is issued for one year, and it can be renewed.
Malta is the first EU country to have a nationwide 5G network.
Fee: €300 per applicant
Available to non-EU remote workers
Duration: One year, can be renewed
Internet fixed speed: 170.9 Mbps / Mobile: 93.39 Mbps
Cost of living index: Ranks 36th out of 137
Requirements include:
- Gross monthly income threshold of €2,700
- Have health insurance
- Acquire a valid property rental or purchase agreement
- Pass a background check
11. Norway
Norway’s Independent Contractor Visa is valid for two years for remote workers. If you have this visa in mind, beware that Norway is one very expensive place to live.
Fees: €600
Duration: Two years
Internet fixed speed: 175 Mbps / mobile: 201 Mbps
Cost of living index: Ranks 6th out of 137
Requirements include:
- Proof of having a Norway residence
- Have an annual income of at least €35,719. ($36,431)
12. Portugal
Portugal’s visa for independent workers and entrepreneurs is valid for one year, but you can renew it twice each time for an additional two years, a total of five years.
After five years, you can apply for permanent residency.
If you want to take the shortcut to residency, read more about Portugal Golden Visa.
Fees: €83 while the resident permit fee is €72
Duration: 1 year, can be renewed twice each time for an additional two years
Internet fixed speed: 189 Mbps / Mobile: 142 Mbps
Cost of living index: Ranks 66th out of 137
Requirements include:
- Valid travel insurance
- Proof of residence (if applicable)
- Proof of sufficient income or a term of responsibility signed by a Portuguese citizen or resident
Digital Nomad Visas in The Caribbean
1. Anguilla
The British Overseas territory of Anguilla is located in the Caribbean. The small island calls its digital nomad visa Work from Anguilla, allowing nomads to work for up to 12 months. The digital nomad visa cost is $2,000 for each applicant and $3,000 for a family of up to four people.
Visa Fee: $2,000, and families of up to four people will be on the hook for $3,000
Duration: Up to 12 months
Internet fixed speed: 5-10 Mbps / Mobile: unknown
Cost of living index: No records
Requirements include:
- Proof of employment or business incorporation certificate
- Minimum required income is $ 55,000
- Valid health insurance and police clearance
2. Antigua and Barbuda
Antigua and Barbuda offers a long-stay program under the name Nomad Digital Residence for remote workers.
Fees: $1,500 per individual, while couples pay $2,000, and families of three or more pay $3,000
Duration: 2 years
Internet fixed speed: 33.58 Mbps
Cost of living index: No records, but higher than that of Barbados
Requirements include:
- Proof of expected income of at least $50,000 for the main application for each year of the program
- Submit up to 11 documents, from proof of funds to proof of employment, medical insurance coverage, and police clearance
3. Aruba
The country has a three-month short-stay visa program that allows tourists to work on the island’s white-sand beaches.
Citizens of North America, the UK, Ireland, and the Schengen Area can apply for the visa.
Fees: Depends on your country of origin
Duration: Up to 3 months
Internet fixed speed: No records
Cost of living index: No records
Requirements include:
- A valid passport
- Return ticket
- Proof of accommodation
- Sufficient income for the whole stay
- Covid tests or vaccinations
4. Barbados
This Caribbean island is a digital nomad’s hotspot, allowing nomads to experience the island life while being well-connected to the Americas as well as the rest of the Caribbean.
Barbados calls its digital nomad visa Barbados Welcome Stamp, and it allows you to stay on the island for 12 months.
Fees: $2000 for individuals and $3000 for couples and families
Duration: 1 year
Internet fixed speed: 113 Mbps / Mobile: unknown
Cost of living index: Ranks 4th out of 137
Requirements include:
- Proof that the applicant will earn $50,000 during their one-year stay
- Proof of relationship of dependents (if applicable)
- Documents including a passport-sized photograph and the bio-data page of a passport
5. Belize
From Caribbean Sea shorelines to the east and dense jungle to the west, this country has it all. Belize is home to hundreds of low-lying islands and rich marine life.
Belize issued its digital nomad visa, Work Where You Vacation, in February 2021.
We’ll dive into taxation for digital nomads later in this blog, but what’s worth noting is that Belize has a territorial tax system, which means no one is expected to pay taxes on foreign-sourced income here.
Fees: $247 at the airport
Duration: Up to six months
Internet fixed speed: 52.79 Mbps / Mobile: 23.47 Mbps
Cost of living index: Ranks 47th out of 137
Requirements include:
- Show proof of employment outside of Belize
- Minimum annual income of $75,000 for individuals and $100,000 for couples or families
- Share a notarized banking reference and statement of account
- Supply a clear criminal record (no more than six months old)
- Possess a valid passport
- Carry a travel insurance policy with a minimum of $50,000 coverage
6. Curaçao
This Dutch Caribbean island names its digital nomad visa the @HOME in Curaçao program. The visa duration is six months and can be extended for an additional six months.
Fees: $294
Duration: Six months, and it can be renewed for an additional six months.
Internet fixed speed: 25 Mbps Mobile: Unknown
Cost of living index: 30th out of 137
Requirements include:
- Proof of payment for fees and costs
- Documents related to employment or company ownership
- Proof of medical or health insurance
- Copy of a passport photo
7. Dominica
Dominica’s Digital nomad visa, better known as WIN, or Work in Nature, provides an extended stay for digital nomads for up to 18 months.
It also provides an income tax break.
Families can put their children through private and state-owned schools.
Fees: $100 application fee and either $800 for single applicants or $1,200 for a family application.
Duration: Up to 18 months
Internet fixed speed: 87.84 Mbps / Mobile: unknown
Cost of living index: 17th of 139
Requirements include but are not limited to:
- Proof of expected income of $50,000
8. Montserrat
Montserrat is a great escape from your fast-paced lifestyle.
The island with broadband internet calls its digital nomad visa Remote Work Stamp which is valid for one year.
Fees: $500 for single applicants or a $750 fee for families of up to three dependents. There is a $250 fee for any additional dependent.
Duration: 1 year
Internet fixed speed: 5-10 Mbps Mobile: Unknown
Cost of living index: Unknown
Requirements include:
- Proof of annual income of $70,000
- Proof of valid health insurance
9. St. Lucia
Digital nomads can indulge in the island life while working remotely with a 12-month multiple entry visa. The Live It digital visa program costs $75 and has no minimum requirement.
Fees: $75
Duration: 12 months
Internet fixed speed: 25 Mbps / Mobile: Unknown
Cost of living index: 30th out of 139
Requirements include:
- No income proof is needed
10. The Cayman Islands
The Cayman Islands is a British overseas territory in the Western Caribbean Sea.
Its digital nomad visa, The Global Citizen Concierge Program, targets wealthier digital nomads and remote workers.
Applicants must prove their global income is at least $100,000 per year if they’re applying alone, $150,000 for others, and $180,000 for families.
Fees: $1,469 per year and an extra $500 per dependent
Duration: 2 years
Internet fixed speed: 100 Mbps Mobile: Unknown
Cost of living index: Unknown, roughly 20% less expensive than Bermuda.
Requirements include but are not limited to:
- Proof of health insurance
- Notarized bank reference, a valid passport
- Minimum annual salary requirements of:
- $100,000 for singles
- $150,000 for couples
- $180,000 for families
Digital Nomad Visas in North America
1. Costa Rica
Also known as Rentista, Costa Rica’s digital nomad visa came to life well before the pandemic.
The Rentista visa offers a two-year remote work opportunity if applicants meet the requirements.
Fees: $250
Duration: 1 year, with an extension for an additional year
Internet fixed speed: 74.33 Mbps / Mobile: 35 Mbps
Cost of living index: Ranks 61st out of 137
Requirements include:
- Prove a monthly income of $2,500. The amount might increase if there are more dependents.
2. Mexico
Now Mexico is one of our personal favorite destinations. We can’t list all what we love about the country here, so here’s our Nomad Guide to living in Mexico City.
Mexico’s temporary resident visa gives digital nomads the right to live in Mexico from six months to four years and work for foreign companies.
Because Mexico’s digital nomad visa is mainly targeted toward Canadians, you’ll be required to pay all fees when applying in Canadian dollars at the local bank branch.
Fees: CA$ 371 (US$ 288)
Duration: Six months, up to four years
Internet fixed speed: 70.58 Mbps / Mobile: 41.27 Mbps
Cost of living index: Ranks 88th out of 137
Requirements include:
- Prove a monthly income of CA$ 2,720 (US$ 2,117) or an average monthly bank balance of CA$ 45,334 (US$ 35,290)
Digital Nomad Visas in Latin America
1. Brazil
Brazil is a popular traveler destination known for its beaches, colorful carnivals, and its Amazon rainforest. It was the first South American Country to introduce the digital nomad visa in January 2022.
You can also get Brazilian residence by investment or Brazilian citizenship by marriage.
Fees: $100
Duration: One year visa that can be renewed for an additional year
Internet fixed speed: 52.79 Mbps / Mobile: unknown
Cost of living index: Ranks 92nd out of 137
Requirements include:
- The minimum monthly income requirement is $1,500
- Prove your employment status
- Prove the required amount at the moment of the application. You can also provide a statement that you have around $17,000 at the time of your application.
2. Colombia
Colombia’s digital nomad visa is in the making and is expected to make an entrance to the Digital Nomad Visas scene on October 22nd, 2022.
If you want to live in Colombia to get Colombian citizenship, then this program might not be for you.
This digital nomad visa will allow digital nomads to work remotely in Colombia for up to two years. Here’s what’s known.
Duration: Two years
Internet fixed speed: 107 Mbps / Mobile: 18.12 Mbps
Cost of living index: Ranks 131st out of 137
Digital Nomad Visas in Africa
1. Cape Verde
The affordable Remote Working Cabo Verde program is open to anyone from Europe, North America, the Community of Portuguese Speaking Countries (CPLP), and the Economic Community of West African States (CEDEAO).
Fees: $65
Duration: Six months, renewable for an extended 6 months
Internet fixed speed: 26.17 Mbps / Mobile: Unknown
Cost of living index: Unknown
Requirements include:
- Proving €1,500 per month Individual, €2,700 per month family
2. Mauritius
The Premium Visa, Mauritius’ digital nomad visa, is open to a wide range of digital nomads. It has no fees and requires no proof of income.
Fees: Free
Duration: 1 year
Internet fixed speed: 31.67 Mbps / Mobile: 25.9 Mbps
Cost of living index: Ranks 136th out of 137th
Requirements include:
- No proof of income is required
3. Seychelles
Seychelles’ digital nomad visa, named Seychelles Workcation, is open to US-based and EU-based digital nomads.
The visa is valid for up to one year as long as the applicant visits the island nation at least once a month.
The country is made up of 115, including two exclusive resort islands.
Fees: €45
Duration: 1 year
Internet fixed speed: 40 Mbps / Mobile: Unknown
Cost of living index: Unknown
Requirements include:
- Proof of income (exact amount unspecified)
- Proof of being an employee/business owner
- Medical and travel insurance policy
- Valid passport
Digital Nomad Visas in Asia
1. Sri Lanka
While Sri Lanka is commonly hailed as one of the world’s best destinations for digital nomads, it technically doesn’t have a digital nomad visa.
We don’t encourage doing so but let’s tell you where the catch is.
The island has tourist visas with generously extended validity.
Fees: $150 for 90-180 day extension, $200 for 180-270 day extension
Duration: Tourist visa extension for up to 270 days. A 30-90 days extension can be done online for some countries.
Internet fixed speed: 31.67 Mbps / Mobile: 25.9 Mbps
Cost of living index: Ranks 136th out of 137th
2. Taiwan
Taiwan offers a four-in-one card: the Taiwan Employment Gold Card.
The card combines an open-ended work permit, resident visa, alien resident certificate, and a re-entry permit.
Taiwan is an attractive country for digital nomads thanks to its favorable tax policies and its good Internet infrastructure. Taiwan has one of the most liberal immigration policies in the world and allows foreigners to enter its low-taxed, high-autonomy business region known as the Free Trade Zone.
Fees: $100 to $310
Duration: 1 to 3 years
Internet fixed speed: 177 Mbps / Mobile: 111 Mbps
Cost of living index: Ranks 37th out of 137
Requirements include:
- Undergo assessment of the applicant’s professional skills
- Passport and photo
- Provide additional documents based on the skill applied under
3. United Arab Emirates, Dubai
Dubai of the United Arab Emirates launched its one-year virtual working program for digital nomads.
The program is designed for people who live and work outside the UAE, start-ups, and entrepreneurs who meet the eligibility criteria.
One of the many perks of living in the United Arab Emirates, particularly living in Dubai, is that it’s one of the countries with no income tax.
Fees: $287
Duration: 1 year
Internet fixed speed: 187.7 Mbps / Mobile: 245 Mbps
Cost of living index: Ranks 35th out of 137
Requirements include:
- Prove a monthly income of €5,000 for the last 3 months
- Provide proof of employment with a contract valid for one year from your current employer, or provide proof of ownership of the applicant’s company for one year or more
- Provide the salary slip for the last month and bank statements for the preceding three months, or provide proof of the applicant’s ownership of the company for one year or more
The fees above don’t include the cost of medical insurance valid in the UAE.
Other Digital Nomad Visas
1. Australia
Australia is one of the most developed and multicultural countries around the world.
Its Working Holiday Visa is a long-term visa that’s valid for one year.
You’ll be eligible for a visa extension if you’d be interested in volunteering or working with animals, among other programs.
Only open to applicants from the 19 countries below:
Belgium, Canada, Republic of Cyprus, Denmark, Estonia, Finland, France, Germany, Hong Kong Special Administrative Region of the People’s Republic of China (including British National Overseas passport holders), Republic of Ireland, Italy, Japan, Republic of Korea, Malta, Netherlands, Norway, Sweden, Taiwan (other than an official or diplomatic passport), The United Kingdom of Great Britain and Northern Ireland.
Fees: $200 to $300
Duration: 1 year
Internet fixed speed: 83.63 Mbps/ Mobile: 168.63 Mbps
Cost of living index: Ranks 12th out of 137
Requirements include:
- Must be between 18 and 35 years old to qualify
- Apply online before entering the country.
- Have at least AUD 5,000 (3,460) to qualify
2. Bermuda
Bermuda’s Work from Bermuda visa program is designed to attract a lot of digital nomads. It requires no particular wage from applicants, it’s affordable to apply, and you can stay for 12 months on this visa.
If you are looking for a Caribbean destination with better weather than Mexico, then this tropical paradise might be the right choice for you.
Fees: $263
Duration: 1 year
Internet fixed speed: 73.6 Mbps / Mobile: Unknown
Cost of living index: Ranks 1st out of 137 countries
Requirements include but are not limited to:
- Prove income. You must have enough to maintain yourself, which is a lot in Bermuda.
Digital Nomad Visas in The Making
Every day a new digital nomad visa program gets announced. Here is a list of countries that will launch their digital nomad visa program soon.
- North Macedonia
- Thailand
- Serbia
- Montenegro
- Grenada
- Indonesia, Bali
- Italy
- Romania
Taxes for Digital Nomads
The number of remote workers spiked over the past few years. Location-independent business owners and employees are making the best out of the nomad life.
A good chunk of these remote workers have this misconception: because they’re always traveling around from one country to the other, they don’t need to file tax returns and pay taxes.
What they don’t know is that they might end up doubling their tax burden.
It can get very confusing for digital nomads to map out their tax obligation.
Yes, you have to pay taxes in your country of residence, but each country has a different set of tax rules for digital nomads on the country’s digital nomad visa program.
So make sure you fully understand your tax obligations before flying out. You don’t want to do anything illegal and end up paying more than you thought in tax.
How to Legally Avoid Paying Taxes
1. The Territorial Tax Solution
A country with a territorial tax system exempts you from paying any taxes on foreign-sourced income. If your main income comes from overseas, a country with a territorial tax system would be great to reside in.
The catch?
Be careful to know what this means for each country. Some territorial tax countries will do what it takes to (legally) tax your foreign-sourced income regardless.
You’ll need to ensure that you don’t “own” the foreign corporation. Some countries will argue that if you are managing a business from its lands, then your income is not really “foreign-sourced.”
We’ve dealt with numerous situations in Singapore and Panama, among others, for our high-net-worth clients and dramatically minimized their tax bills.
Reach out. We’d be happy to serve you too.
2. Set up an Offshore Company
Simply move your business to a country that has a low percentage of tax or one that doesn’t tax your business at all.
3. Renounce Your US Citizenship
Does your passport tie you to a high tax rate? You might be surprised to know that the US is one of only two countries (with the East African nation Eritrea) that obliges you to pay taxes irrelevant to your residence status. This means that you’ll be bound to pay taxes as long as you are a citizen of the United States.
Reclaim your freedom by diversifying your passport portfolio and renouncing the depleting US citizenship.
Why a Digital Nomad Visa is NOT Enough
From tax deductions to flat tax rates or even lump sum tax, there are ways to not just pay fewer taxes but even avoid personal and business tax altogether.
Countries are competing for you and your business.
Meanwhile, the US, Australia, the UK, and other western countries are continuing to suck their people dry by charging absurd personal and business tax rates.
But it’s not as simple as it sounds. There are four tax quadrants that should be put into consideration when optimizing your tax bill before going offshore.:
- Your personal tax where you’re leaving
- Your personal tax where you’re going
- Your business tax where you’re leaving
- Your business tax where you’re going
Don’t bite off more than you can chew. We’ve done this before for more than 1,000 high-net-worth clients. We’d be happy to serve you next.
