Dateline: Kuala Lumpur, Malaysia There’s a personal finance concept that savers hold dear – the idea of “paying yourself first.” It’s a pretty basic concept. There are several different variations of it, but the main idea is that you take a certain amount of your monthly household income and set it aside in a savings […]
Dateline: Kuala Lumpur, Malaysia The easiest kind of business to move offshore is the kind of business that can fit in a backpack – the kind of business that lives in the cloud. This is the kind of work that you can do remotely, totally location-independent. All of your work and effort is sitting on […]
America has a student loan crisis. According to the Fed, at the end of 2022, student loan debt in the US stood at $1.6 trillion. Even with President Biden’s student loan forgiveness program receiving 26 million applications, so far, zero debt has been canceled. In fact, the program has stopped taking applications, as legal wrangles […]
When it comes to offshore banking, one of the most common questions that we get from readers is, ‘What are the best offshore banks?’ If you’re a seven- or eight-figure entrepreneur or investor, finding the best offshore banking options can be tricky. That’s because most information you find online is from armchair expats or younger […]
When it comes to taxes, US citizens get a raw deal. Not only do they have to pay tax on their worldwide income, but they have to pay it regardless of whether or not they actually live there. Aside from a bit of foreign-earned income exclusion, the vast majority of your income and assets are subject to […]
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 Cayman Islands or Vanuatu, nor a bustling financial hub like Singapore or Hong Kong. But, beneath the surface, Australia’s banking system harbours unique advantages that […]
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 account, there are also some drawbacks. Despite these challenges, you can still find a bank that will accept you as a non-resident – fairly […]
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? That’s the problem with gold and silver: They were money long before money existed, so they’re a safe and stable investment, but their practical […]
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 you. This article will help you learn the fundamentals of global taxes by teaching you the basics of the four different types of taxation. It covers […]
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, typically, the bondholder will receive interest. That interest is then divided by the market price of the bond, which gives you a measure of […]
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 […]
In today’s yield-starved environment, finding any kind of return for your cash on hand has become increasingly difficult. Depositing your money in banks with developed markets, such as those denominated in US dollars, euros or British pounds, might seem a stable addition to any financial portfolio. Certainly, it’s a solid option that deserves consideration. However, […]
With 195 countries in the world, many of us don’t want to spend our entire lives living in just one. In fact, the number of US citizens living overseas in 2024 was estimated to be as high as 9.5 million. When going overseas and taking their business and money offshore, people often make costly mistakes […]
In this world, nothing is certain except death and taxes,’ Benjamin Franklin, one of the most revered founding fathers of the United States, famously observed. Far be it from the Nomad Capitalist team to pick a fight with the man who ‘tamed lightning’, but we respectfully disagree with at least part of his most famous […]
There’s a misguided assumption that banking in the US must be safe. After all, it’s the world’s largest economy, which means the banks must be of the highest tier, right? However, the recent failure of several US banks shows that this impression is not necessarily accurate. In fact, the US has had more bank failures […]
Even if you appreciate the value of holding cash, you probably don’t like the idea of carrying around a brick of currency worth a few hundred bucks. In that case, you will appreciate a list of the largest banknotes in circulation. It makes for interesting reading, as we’ve seen the historical cancellation of large-value banknotes […]
It is an exciting time to live an international life. With the growing population of world travelers, companies have responded with greater effort to serve travelers in the many areas of their international life. Handling money abroad is one area that has long presented difficulties. The typical solutions are old and inadequate, but thankfully, the […]
Central banks worldwide are buying up more gold, with China and Russia leading the charge. In 2022, the demand for gold, the purchase of gold by central banks was the highest since the 70s. Leading governments are looking to gold as the underlying asset to stabilize the economy. With more economic uncertainty on the horizon, […]
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 […]
Vanuatu is an interesting place. It’s one of those tax-free counties that might be a little off the radar for some, but has plenty of advantages when you get there. This article is based on the personal experiences of Nomad Capitalist Founder Andrew Henderson, who recently visited the island country. During his stay, Andrew caught […]
For most people, taxes are an unavoidable cost of living in a country. For globally mobile high-net-worth individuals, they are a variable that can be planned and optimized. Taxes such as income, property, and sales taxes vary significantly across countries, allowing these individuals to structure where they live, work, and hold property to align with […]
While Europe is often portrayed as a single bloc of countries with some regional differences, in reality, it’s much more diverse across most aspects. Taxation is one of the clearest examples. The top marginal income tax rate varies by 60 percentage points across the continent, and understanding exactly where each country falls within that range […]
The Nomad Capitalist Trifecta Strategy is the perfect plan for those who want to stay globally mobile while establishing bases in certain countries. If you’re becoming exhausted by the perpetual traveller lifestyle, it’s ideal. This strategy, which encourages you to pick a few of your favourite places and settle down, will generally involve securing a […]
To continue operating, a bank needs to look after its own bottom line, and so it passes fees on to the customer. It is not all bad news though. There are some benefits to using banks that charge higher fees, just as there are downsides to banks that offer low-cost accounts. In this article, we’ll […]
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 […]
The price of gold grew by more than 20% in 2024 alone, and its value continues to climb steadily, continuing a bullish trend that has seen its price double over the last ten years. In fact, at the end of 2024, gold prices hit record highs of over US$2,600 per ounce. Experts predict this trend […]
We say it all the time here: go where you’re treated best. That’s true for increasing your personal freedom, as well as for finding opportunities as an entrepreneur and investor. When it comes to taxes and investing, going where you’re treated best can be categorized into three groups of countries. The first group includes high […]
Dateline: Tbilisi, Georgia The 21st century has seen the emergence of a war unlike any other. On one side of the battlefield are governments, banks, credit card companies, central banks and other financial institutions. On the other side . . . cash and anybody who uses it. While proponents of a cashless society would have […]
In December 2014, the United States and Cuba shocked the world by agreeing to begin partially normalising relations. Since then, investors have been clamouring to become a part of a potential inflow of growth into a country that had received the largest US-based investments in Latin America (outside of oil-rich Venezuela) up until Fidel Castro […]
Dateline: Guangzhou, China Every few weeks, I receive an e-mail from someone who asks me when I think the big financial collapse will arrive. A couple of things are interesting about this. One is that I used to get questions about whether a big financial collapse would occur, and now it’s mostly about when. So […]
There’s a lot to think about when planning your move abroad, from visas and housing to healthcare. But one key aspect often gets overlooked: your bank account in the United States. For many expats, leaving a US-based bank account open makes sense, especially if you aren’t sure how long you’ll be gone. You can use […]
Dateline: Dublin, Ireland On paper, the whole thing is worth $36 billion. Deep below the surface, however, the fault lines are beginning to show. Salaries for key employees are way up – now at $4 million on average – but are nowhere near keeping pace with the money being made by the ruling class at […]
For US citizens, choosing the best offshore bank can be a complex but equally important financial task. And if you’re a successful investor or entrepreneur, you may be cautious about where you diversify your assets (and you should be!). But what if you’re also a US person? The most important thing for Americans is complying […]
Last updated: March 26, 2017 Dateline: Munich, Germany In 1884, Prince Otto von Bismarck of Germany instituted the modern world’s first socialized medicine program. He called it “compulsory national health insurance”. Like all politicians then and now, Bismarck had his reasons. As a staunch opponent of communism, the Prince designed his health care program as […]
Dateline: Kuala Lumpur, Malaysia In the last several years, I’ve traveled to nearly 60 countries, and actually spent some real time in most of them. (Being a perpetual traveler doesn’t necessarily mean only spending a day in each place.) Among these countries are some of the wealthiest on earth – Norway, Liechtenstein, Luxembourg – and […]
Last updated: March 26, 2017 Dateline: Kuala Lumpur, Malaysia Imagine the cost of everything you buy instantly going up by 30%. Overnight. I want that to sink in. Sure, a lot of people talk about rising prices. We’re discussed how the cost of everyday staples like bananas have gone up four-fold in the United States […]
In a classic Hans Christian Andersen tale, two swindlers convince a vain emperor that they will create the most majestic suit of clothing for him. So majestic, they promise, that those ‘hopelessly unworthy’ of his excellence will not even be able to see it. Once the suit is created, the emperor and his court pretend […]
Frankfurt has one of the best gold coin stores in Europe. It’s not just that the place is in central Frankfurt (ironically not that far from the ECB) or that walking into it reminds you of a scene from The World is Not Enough. It’s because the service there is some of the best we’ve seen […]
Dateline: Panama City, Panama The flight down from Cancun was a comfortable reminder that airline service outside of the United States and Europe is the real “first world” service. The two-hour flight featured a full meal service with beverages and flight attendants who actually seemed pleased to do their jobs. Less pleasing was the numerous […]
Dateline: Scottsdale, United States Investors profit by identifying long term trends before the crowd does. In this current world, one is either a contrarian or a victim. If one looks between the lines of the record high stock markets, rising cost of living, the record high bonds prices, the record high art sales and vehicles […]
It’s not easy to find an effective offshore forex broker as a United States citizen – in fact, it’s one of the (numerous) drawbacks of US citizenship. Many Americans who want to trade forex offshore quickly realise that the list of brokers willing to accept them is shrinking, thanks to various regulations imposed by the US […]
Dateline: Labuan, Malaysia I’m in Labuan checking out what I’ve called one of the world’s most underrated tax havens. The folks in peninsular Malaysia might not want someone going out there and flagrantly announcing that this Southeast Asian country has an autonomous area that is just about as much a tax haven as Hong Kong […]
Dateline: Kuala Lumpur, Malaysia 2,400 years later, Socrates is still known for having said, “I am the wisest man alive, for I know one thing, and that is that I know nothing.” If only modern politicians took that to heart. Albert Edwards is the analyst behind “The Ice Age Thesis” which lamented the loose monetary […]
Dateline: George Town, Malaysia Earlier this year, I spent three days in the United States, a place I now avoid, even if only to transfer at an airport. What got me there was too good to pass up. A friend of mine had a two-bedroom suite, complete with a butler, at the St. Regis in […]
Dateline: Kuala Lumpur, Malaysia In the late 1990s, I started reading books by economic forecaster Harry Dent, whose model uses the idea of demographics to predict the rise and fall of countries. Last year, I interviewed Mr. Dent here. While not all of Harry Dent’s predictions have come true and we don’t agree on everything, […]
Dateline: Tokyo, Japan The flight in from Hong Kong was about as smooth as one can get, even if the business class seats on Japan Airlines were a bit worse for wear. I spent the weekend in Hong Kong meeting with some of the best and the brightest Members of our private mastermind and flew […]
Dateline: Kuala Lumpur, Malaysia The concept of robbing from the rich to feed the poor has long been popularized by the popular English folklore figure Robin Hood. Accompanied by his band of merry men, Robin Hood carried about in an effort to achieve his own form of wealth redistribution. Historians have argued that Robin Hood […]
Dateline: Kuala Lumpur, Malaysia Twenty-five centuries ago, traders throughout civilization were increasingly using a single method to do business with. The silver drachma, coined in ancient Athens, would become the world’s first sort of global reserve currency; a standard by which many far from Athens used to conduct trade. Within a few hundred years, Rome’s […]
Dateline: Kuala Lumpur, Malaysia Here in Kuala Lumpur’s Pavilion Mall, there is a area called “Tokyo City” which offers a wide assortment of Japanese style food and products imported from Japan. The “anchor” tenant of this mini-mall is a store that sells everything for 5 Malaysian ringgit (US$1.56). Talking to one of the people who […]
Dateline: Macau Casino magnate Steve Wynn promised investors it won’t happen again. Specifically, his Las Vegas casinos having much of any impact at all on his stock’s performance. In fact, on his recent conference call, Wynn was practically forced to apologize for “slow” growth of nearly 50% on his Macau properties, all while investors appeared […]
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.