Puerto Rico Act 22 What is Puerto Rico Act 22? If you are a US investor, you could be paying as much as 20% in federal taxes on dividends and capital gains, plus state and local taxes, and possibly the Obamacare 3.8% surcharge. Puerto Rico Act 22 – officially...
Articles About
Legal Tax Reduction
5 Tax-Friendly Countries for Vegans
Do you want to relocate? Are you in search of more economic freedom and lower taxes? Do you want to move to a place where your lifestyle choices, values, and financial motivation align? If you said yes to these questions, you will be happy to learn that Nomad...
8 Countries with Zero Foreign Income Tax
We understand that it’s too easy to become a victim of double taxation. It doesn’t matter if you’re a U.S citizen or if you’re from a foreign country with completely different tax laws. More often than not, we’ve got people coming to us saying that they’ve fallen...
New US Expat Tax Numbers for 2022
Over the years, we’ve talked about taxes a lot. In particular, we’ve talked about the US tax system and how unfair it is. While most people agree with what we have had to say about US expat taxes, there are still quite a few people who think that the US tax system is...
How to Pay Zero Tax Living in One Place (Not for Nomads)
Nomad Capitalist is all about going where you’re treated best. We are dedicated to providing services such as legal tax reduction, second citizenship, and offshore banking. So, if you want to pay no taxes, we can help with that as well. Most of the services we have to...
The Coming Tax on Unrealized Capital Gains: Read Now
Dateline: Bogota, Colombia Through the years, there has been a rise in wealth in most western countries. In layman’s terms, most millionaires and billionaires are getting increasingly wealthy. Accordingly, most politicians are trying to introduce a tax that will go...
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
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,...
How to Create Generational Wealth with Lower Taxes
Dateline: Mexico City, Mexico We often ask my clients, “What’s next?” And when they answer, we ask it again…and again. Beyond the idea of how to accumulate more wealth is knowing the end purpose of it all. What happens after you’ve amassed all of this money and you...
New US Tax Deadline Extensions for 2021
It’s been a complicated year. Most of us have had huge disruptions in our lives. To ease reconciling the chaos into a flawless tax form submission, the IRS recently announced that it will be extending the tax return deadline for US citizens from April 15th to May...