As an American living in Portugal, you can enjoy the country’s favorable tax system with many incentives, but you must also balance your obligations with those in the U.S. This two-pronged tax landscape can be confusing and lead to inadequate tax planning. To clear the air and share crucial information you should know about Portugal […]
It’s a common question and one that often fuels confusion, debate, and a fair share of misinformation – Do residents of Puerto Rico actually pay US federal taxes? When most people think of US tax obligations, they naturally assume they apply uniformly across all US citizens. But when it comes to Puerto Rico, things are […]
Latin America has a reputation among many investors as a ‘tax hell’, and its headline tax rates seem to bear out this theory. Colombia taxes top earners at 39%, Ecuador at 37%, and Chile climbs to 35.5%. Those aren’t tax rates to sniff at – they’d make a freedom-sized hole in any annual tax return. […]
It’s hard to put a value on personal freedom. Perhaps that’s why so many people love Latin America’s lifestyle and vibe. With its proximity to North America and shared experiences, the personal freedoms on offer in Latin America are in increasingly stark contrast to the government overreach that has come to characterise its northern neighbour. […]
Whether you agree with Donald Trump or not, even the most ardent patriot or the most dissenting liberal can acknowledge that the United States may no longer be considered great. The US is still a vast, diverse and globally significant power, but with wealth disparity at an all-time high and division continuing to grow, the […]
There’s a reason Singapore regularly tops the survey charts when it comes to quality of life. A city–state with five million inhabitants packed into an area of 275 square miles – about the size of the Isle of Man or The State of Rhode Island – is a unique location. So unique, in fact, that when […]
Greece is a country that doesn’t disappoint. Just like in Willy Russell’s romantic comedy Shirley Valentine, where the lead character rekindles her childhood dreams and youthful love of life, a visit to Greece is so much more than a holiday. For many, it’s a life-changing experience. With stunning beaches, fantastic weather, mesmerising landscapes and hospitable […]
Did you know Darth Vader’s cousin lives in Switzerland and drives a cab? He’s called ‘Taxi Vader’. Around 40 years ago, a report commissioned by the US Treasury office described Switzerland as ‘the prototype of the modern tax haven’. Since then, various reforms have closed any glaring tax loopholes and forced the sharing of tax […]
Mexico has many faces. It overflows with life, music, colour and celebration, especially in Mexico City, a place that truly never sleeps. From touristy coastal resorts where expats mingle with locals to off-the-beaten-path retreats where nature and tranquillity abound, in Mexico, you can decide what you want to be. There’s a reason the United Mexican States […]
Vanuatu is primarily known for its island paradise appearance and favorable tax code. The national tax code is extremely limited with most wealth and profits are non-taxable. If you’re hoping to go someplace where more of your wealth stays with you, then Vanuatu is a great choice. Vanuatu is a favorite place for vacationers and […]
As a non-resident of the UK, what tax incentives do you qualify for? Is tax reduction a goal? You can lower your taxes as a non-UK resident. Read on to get an overview of the tax benefits available for UK non-residents. You may be surprised to discover that Britain’s tax rules can benefit non-residents in […]
Turks and Caicos is a beautiful island country in the Caribbean, where the weather is tropical all year round and home to one of the largest coral reefs in the northern hemisphere. The beautiful beaches and tranquil environment make it a hot spot for tourists and retirees looking to escape. Turks and Caicos also have […]
Want to move to Spain so you can bend your tax payments like Beckham? Well, the good news is you don’t have to be a superstar athlete to benefit from Spain’s special expat regime, but that is where this tax program got its start. Known widely as the ‘Beckham Law’, this regime provides an enticing […]
Do you want to reduce taxes and grow your business faster? Would you like to establish a tax residence in this Central America to give your freedom and options? Learn all about Nicaragua’s Territorial Tax Regime taxes in our definitive guide. If you want to relieve a tax burden, take advantage of the country’s territorial […]
This article discusses Montenegro’s tax-friendly regime, its tax code, and how establishing tax residency in Montenegro can help you reduce your taxes drastically. Montenegro is far more than a beautiful country with a rich history. It offers investors and entrepreneurs a business-friendly environment, favorable tax rates, and tons of investment opportunities. Establishing a tax residency […]
This article looks at the tax benefits in Mauritius. If tax reduction is your goal, Mauritius may not be the first country that comes to mind, but with a low corporate tax rate, no capital gains tax, and other benefits, it could still be a jurisdiction worth looking into. Talk to us about becoming a […]
European countries are often considered high-tax, but that’s not always true. With proper tax planning, you can live your best low-tax life even in a high-quality European jurisdiction like Malta. With several residency options and a new route to citizenship through investment , Malta is one of the best European countries to offer foreigners a […]
Why would anyone want to become a tax resident of Malaysia? As it turns out, that’s a pretty easy question to answer. Along with the promise of low taxes, foreigner-friendly property ownership laws, beautiful scenery and a diverse culture, Malaysia is booming and the go-to destination for expats all over the world. Even if you’re […]
There are so many reasons why Italy is a world-renowned destination. From its friendly and welcoming people to its fascinating history and unrivalled art, the boot-shaped Mediterranean peninsula has something for all tastes. If you’ve ever been skiing in the Italian Alps, enjoyed the sun-soaked beaches of the Amalfi coast, lost yourself in the tranquillity […]
You don’t have to look too hard to see the tax benefits of setting up a company in Malta. Malta offers significant tax benefits to investors, business owners and other foreigners seeking to grow their wealth. That is well-known by now. But just what are the benefits of setting up a company in Malta, at […]
This article looks at taxes for Canadian non-residents and answers some common questions related to taxes in Canada. The goal is to answer some of the questions you might have about Canadian taxes as a non-resident. If you need help with the finer details of taxation in Canada or elsewhere, get in touch with Nomad […]
Forget the usual Caribbean narrative of sun-drenched beaches and carefree escapes. While Antigua and Barbuda certainly offers those in abundance, it’s also attracting investors, entrepreneurs and global citizens seeking a lifestyle that blends financial freedom with sophisticated island living. They’re drawn to a life where they can keep more of their money from tax-hungry governments, […]
Everyone knows that moving to Puerto Rico can reduce taxes, but the US Virgin Islands often gets overlooked despite providing the same benefits. Since the US Virgin Islands is a US territory, it’s a great starting point for US citizens who want to explore their offshore options and lower their taxes but are hesitant about […]
In this article, we take a look at non-domiciled tax status in Ireland, what it is, what it means in the broader context of taxation, and how this status differs from that of the UK system. We also look at some specific criteria used to determine whether you can be considered to be a domiciled […]
In this article, we’ll look in-depth into how to get residency in Serbia for tax purposes, its benefits, and more. We’ll also discuss the concepts of tax residency and in which circumstances being tax resident in Serbia can come in handy. Generally, people move away from European countries to establish their tax residency since Europe […]
Like many financially successful people, you may have generational wealth to pass on to your kids. But the tragedy is that not only do you have to pay taxes during your lifetime, but taxes might also be passed on to your kids, in the form of inheritance tax. Inheritance tax isn’t common practice among countries, […]
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 Capitalist has the solution for each of […]
We understand that it’s all too easy to become a victim of double taxation. It doesn’t matter if you’re from the US or elsewhere with completely different tax laws. More often than not, people come to us saying that they’ve fallen into the tax trap and want to avoid double taxation. So, how do you […]
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 after these people’s unrealized capital gains. Even though this is still a proposal, it could […]
Dateline: Bogota, Colombia Panama as an offshore jurisdiction has been front and center in recent years as a result of the now-infamous Panama Papers leaks. With all the attention Panama is getting, there’s bound to be some rumors and fiction spread around. But let’s talk about reality. A lot of folks out there still have […]
Dateline: Bogota, Colombia The United States is well known as effectively being the only country in the world to follow its citizens wherever they go and not only tax them but impose income-generating regulations no matter where they live in the world—even if you spend zero days in a calendar year in the United States. […]
Dateline: Bogota, Colombia “Own nothing, control everything,” is an oft-repeated phrase credited to John D. Rockefeller that people like to use in the offshore industry. Typically, people refer to this phrase to mean that you should be smart enough to protect your assets, avoid transparency and taxes, etc. But a lot has changed since the […]
Dateline: Belgrade, Serbia For months, I have been urging people to wake up and realize how terrible things are becoming in California. I lived there early in my career and it was terrible then. Things have only continued their downward spiral. California has some of the highest tax rates in the world and they continue […]
Dateline: Central Serbia After being in this business for so long, I have come across numerous different tax misconceptions. I’ve addressed several of them before, but there are so many that I could talk about these misconceptions for days. Today, I only want to address one. Remittance. To remit means to send something from one […]
This article discusses the best countries without taxes in Asia and how moving there can add value to your life. When we think about countries with no income tax, our brain often goes to the Cayman Islands: The British overseas territory, Saint Kitts and Nevis, the island nation, or Europe, where a web of historical […]
Dateline: Kuala Lumpur, Malaysia There are many ways to legally reduce both your personal and business tax rates by going offshore. You could move to a zero-tax country like the United Arab Emirates, Monaco, or Vanuatu. Or you could structure your business to save tax in a territorial tax country like Thailand. You could even […]
Dateline: Kuala Lumpur, Malaysia The question “Is taxation theft?” pops up in the comments of a lot of our YouTube videos. There is a very passionate group that will bring it up as often as they can. Sometimes, that phrase comes with a question mark, sometimes with an exclamation point. So, is taxation theft? Well, […]
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 […]
One of the most frequent questions we are asked reveals just how many misconceptions still exist about investing, living and doing business overseas. The question typically goes something like this: What tax haven countries can Americans move to and get citizenship in? A desire to legally reduce taxes is at the heart of a question […]
In this article, we’ve compiled a list of frequently asked questions regarding Puerto Rico, visiting it, moving there, what it could mean for your taxes, and more. For some – but not all – American businesses and their owners, Puerto Rico is the ultimate tax haven. Puerto Rico is a popular option among American investors […]
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 you’re not quite there yet, you may be looking into diversifying for the future. […]
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 passports, and living a freer lifestyle as a global citizen. Like all successful entrepreneurs, my business tends […]
Relocating to a country with no income tax is a popular strategy for high-net-worth individuals, affluent retirees, and investors seeking to protect their wealth from rising income taxes and aggressive fiscal policies in Western countries. In this article, we’ll list some of the most popular countries with no income tax. You’ll learn about: What Counts […]
Where do you pay your taxes? From banks to brokerage accounts, being asked where you’re a tax resident is now a common question. This follows years of banks asking, ‘Are you a US citizen or permanent resident?’ to ensure you both comply with the Foreign Account Tax Compliance Act (FATCA). All this because of one […]
To illustrate the implications of becoming a permanent or tax resident of the United States and why proper planning is essential, let’s look at the example of one of our Nomad Capitalist friends. Jonathan used to be a US green card holder. However, he realised that his little card came with some serious tax obligations […]
Dateline: Belgrade, Serbia As the tech industry has grown and software has begun to “eat the world”, a new knowledge economy has taken shape that values intellectual property (trademarks, patents, and ideas) more highly than old-school equipment in factories. As knowledge businesses have grown, so too has the value of their intellectual property (IP). Companies […]
Why do people pay so much tax in the US? How do citizens and businesses stay in the game in the face of the government taking such a hefty slice of the pie? With the government taking a chunk of your income, capital gains and even retirement savings, it’s no wonder many people feel they’re […]
Meet Andrew Brown, a young Australian entrepreneur and citizen who has a successful and growing business selling sports equipment on Amazon in the US. He and his girlfriend (who is a fitness guru and has her own location independent business) both came to the conclusion that getting out of Australia would be the best move […]
Find answers to some of the most common questions regarding Nomad Capitalist, what we do and how we can help.
Nomad Capitalist is a boutique consulting firm that has guided more than 1,500 clients from over 100 countries in obtaining second passports and citizenships, relocating strategically, building offshore wealth structures, and exploring legal pathways to reduce tax exposure.
The firm does not provide specific legal or tax advice, but offers expert insight and strategic resources designed to help clients pursue greater freedom, international diversification, and financial independence.
We must adhere to OFAC regulations (Office of Foreign Assets & Control). We will also soon be adhering to the following standards: KYC (Know Your Customer) and AML (Anti-Money Laundering).
There are no hidden costs. Your budget spells out exactly what is included and what is not. Planning and implementation are priced separately: the planning fee covers the creation of your plan, and implementation has its own fee based on the final scope of work.
We do not bill by the hour — fees are fixed and agreed in advance.
We cannot guarantee government, bank, vendor, legal, residency, citizenship, passport, or real estate outcomes with 100 percent certainty. What we can do is help select realistic options, prepare a strong file, coordinate the right vendors, avoid avoidable mistakes, and keep the process moving with the highest possible chance of success.
We adhere to strict GDPR rules and regulations. Client information is treated as confidential and can only be shared with properly authorized people or organizations.
The company has cybersecurity and confidentiality standards covering sensitive and protected information, restricted AI use with client data, access controls, and compliance documentation.
Compliance checks may include screening for risk indicators and escalation if there are signs of tax non-compliance, fraud, or criminal concerns.
We do not look at tax, immigration, banking, asset protection and lifestyle as separate decisions. Unlike a single tax advisor, lawyer or immigration specialist, Nomad Capitalist architects the whole plan: we design the roadmap, bring in the right specialists and make sure every piece works together.