If you’re thinking about opening a foreign bank account, Australia might not be the first destination that springs to mind. After all, it's not a classic offshore hub like the...
The Benefits of Owning International Real Estate
Last Updated July 27, 2020Dateline: Kuala Lumpur, Malaysia Recently, I attended a talk by a financial guru who specializes in diversification. Although he had plenty of good...
What is the Common Reporting Standard (CRS) for Banking?
Dateline: Kuala Lumpur, Malaysia Over the past decade, the world of offshore banking has changed for good. In the past, most people viewed offshore banking as a way for the...
Offshore Banking for People with Limited Money
Dateline: Kuala Lumpur, Malaysia In the world of offshore banking, there's plenty of misinformation floating around the internet. Just last week, we debunked...
How to Open an Offshore Bank Account: A Guide for US Citizens
The topic of offshore banking has long been surrounded by myths and misconceptions, especially when it comes to US citizens. Perhaps this is down to how the offshore world...
US FEIE: How the Bona Fide Residence Test Works
Last Updated August 14, 2020 Dateline: Kuala Lumpur, Malaysia If you're a US citizen looking to legally reduce your tax burden, chances are you've considered pursuing the Foreign...
How to Retire Wealthy with the 80/20 Principle
Even if you’re financially savvy, getting back to the basics every now and then can be important - especially if you want to retire wealthy. Even though much of the advice...
Tax Optimization: Dual Citizenship Taxes
Dateline: Tbilisi, Georgia A couple of months ago, I sat down with an Australian man named Jake to discuss his interest in dual citizenship. He seemed very eager to get a second...
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...
Invest in Tbilisi, Georgia Real Estate: The Ultimate Guide
Dateline: Kuala Lumpur, Malaysia Four years ago, I was sitting at a cafe after meeting an attorney. Over the next four years, this attorney would become one of the best in my...
How to Open a US Bank Account as a Non-Resident
As a non-resident or even someone who’s renounced US citizenship, it’s still relatively easy to open a US bank account. While there are plenty of benefits to opening a US bank...
Who is a US Person for Tax Reasons?
This is the story of an Australian man named Tom who accidentally became a US person. Tom’s story is a cautionary tale that attests to the complex and difficult nature of...
How to Get a Gold-Backed Debit Card
When was the last time your boss crossed your palm with silver, or you paid for your groceries with the last few gold doublets in your pocket? It's been a while, hasn't it?...
Top Countries With No Income Tax and a Clear Path to Residency
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...
The 4 Income Tax Systems Around the World
As you formulate a legal strategy to lower your tax bill, you’ll need to understand how different countries tax their citizens and residents and how those tax systems affect...
The Substantial Presence Test: Why Nomads Should Limit US Travel
You could be living the nomadic dream - bouncing between countries, chasing the sun, ticking off bucket list cities and building your business from anywhere in the world. ...
What Can You Buy With Bitcoin? 5 Ways to Pay with Crypto
Dateline: Kuala Lumpur, Malaysia So, what can you actually buy with Bitcoin? Just a few years ago, you couldn’t buy much of anything. In fact, the first-ever crypto purchase was...
The World’s Highest Government Bond Interest Rates
Bond yield is, essentially, the amount of money an investor who bought a government-issued bond gets from owning the debt as a percentage of the current price. So, once a year,...
Back to the Gold Standard: Will there be a Gold Backed Currency?
Dateline: Dubai, United Arab Emirates Several years ago, nearby Abu Dhabi installed one of the world's first gold ATMs, allowing customers to withdraw fiat currency in term of...
The Best Emerging Markets for Investing in Africa
For years, we've been both fascinated and mystified by the opportunities and the idea of investing in Africa. As small entrepreneurs, you may not be interested in extracting...
