The minimum wage has been a controversial topic since its invention at the end of the 19th Century. Most economists consider the minimum wage a harmful decision that affects both...
The Big Mac Index and Global Currencies
Not everyone finds macroeconomics as riveting a subject as we do here at Nomad Capitalist, but thanks to the Economist Magazine’s Big Mac Index, concepts like Purchasing Power...
How to Open an Offshore Bank Account in Bermuda
Dateline: Kuala Lumpur, Malaysia For the past few years, I've advocated the idea that onshore is the new offshore, so you might be wondering why I decided to write about opening...
How to Open an Australian Bank Account as a Non-Resident
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...
Why Remote Banking Isn’t Worth It in 2021
Dateline: Kuala Lumpur, Malaysia Whenever I post about offshore banking, my followers often ask me whether they can open an offshore bank account remotely. There's something...
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...
