This article discusses seven tax-friendly countries for high-net-worth expats where they can go to enjoy the good life in exchange for low or even zero taxes. Here at Nomad...
Results for "death tax"
Form 3520: US Taxes on Gifts and Inheritances
You’ve probably heard the expression that the only two things certain in life are Death and Taxes. The United States’ Internal Revenue Service (the IRS) works very hard at making...
Offshore Life Insurance: the Last “Tax Shelter” for US Citizens
Dateline: Kuala Lumpur, Malaysia 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...
Form 8833: How to Claim Income Tax Treaty Benefits
This article explores how to take advantage of the provisions in tax treaties to reduce your taxes on foreign-earned income. Say you’re a six- or seven-figure US-based...
The Tax Consequences of Renouncing US Citizenship
Dateline: Tbilisi, Georgia December 20, 2017. I was sitting in my living room in Tbilisi, talking with my CFO, and making a number of calculations. What was I doing? I was...
Non-US Spouse: Tax Strategies for US Expats Married to Non-US Citizens
Dateline: Kuala Lumpur, Malaysia For most people who meet the love of their life overseas, taxes are probably the last thing on their mind. But Nomad Capitalists are not most...
How to prepare for taxes under a Bernie Sanders presidency
Dateline: Tbilisi, Georgia Twelve years ago when the war in Iraq was just getting underway and Republicans were dodging accusations that it was a "war for oil", I cynically...
Offshore Company: How Foreign Corporations Reduce Taxes
START AN OFFSHORE COMPANYAn offshore company can lower your taxes and protect your assets.You’ve burnt the candle at both ends all year. You’ve sacrificed "your time" to build...
Overregulation, crony capitalism, and the death of the free market
Reporting from: Phnom Penh, Cambodia One of my favorite stories about starting a business overseas - in a frontier market, in this instance - is from Chris Tell. It goes like...
Nationalism made them slaves in life… and death
Reporting from: Hue, Vietnam The Citadel here in Hue is the central part of the city, and the basis from which the rest of the city grew. As the capital city of Vietnam’s Nguyen...