New US Tax Deadline Extensions for 2021

New US Tax Deadline Extensions for 2021

It’s been a complicated year.  Most of us have had huge disruptions in our lives.  To ease reconciling the chaos into a flawless tax form submission, the IRS recently announced that it will be extending the tax return deadline for US citizens from April 15th to May...
Taxes in Switzerland for High-Net-Worth Individuals

Taxes in Switzerland for High-Net-Worth Individuals

Dateline: Bogota, Colombia If you’re a high-net-worth individual looking to lower your taxes while living in a beautiful European country, Switzerland may be a great option for you.  Some may see Switzerland as a bit boring and past its prime as the world’s go-to...
The Alarming Rise of the American Wealth Tax

The Alarming Rise of the American Wealth Tax

Dateline: Bogota, Colombia Over the last century, many countries have tried taxing the wealthy at higher rates. More recently, there’s been a lot of buzz about a global wealth tax. The virus has put a lot of countries in extreme debt, pushing the issue of taxing the...
4 Panama Tax Haven Myths and Misconceptions

4 Panama Tax Haven Myths and Misconceptions

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...
What is GILTI Tax and How Can You Reduce It?

What is GILTI Tax and How Can You Reduce It?

Dateline: Bogota, Colombia Tax reform in the United States is a dangerous business. Before the highly anticipated “Trump Tax Reform” was finalized in 2017, there was talk of abandoning citizenship-based taxation and adopting the same residence-based system of taxation...
How to Minimize Real Estate Taxes as a Nomad

How to Minimize Real Estate Taxes as a Nomad

Dateline: Belgrade, Serbia How do you minimize your real estate taxes as a Nomad Capitalist? I was recently asked this by someone commenting on our YouTube channel and thought it was a good question worth addressing. The person who wrote to us was specifically...
9 Debunked US Expat Tax Myths

9 Debunked US Expat Tax Myths

Dateline: Belgrade, Serbia In the past few months, I’ve taken on more former US citizens, soon-to-be-former US citizens, and overpaying US citizens than usual.  These experiences have been very fulfilling for me as I’ve been able to help these folks create legal...
“Tax the Wealthy” vs. Legally Lowering Your Taxes

“Tax the Wealthy” vs. Legally Lowering Your Taxes

Dateline: Kuala Lumpur Here at Nomad Capitalist, we’ve always encouraged people to go where they’re treated best, and if you’re a wealthy person with a high income, you should at least consider the opportunity to legally reduce your tax rate overseas.  There are legal...
The Best Tax-Free Countries In The Americas

The Best Tax-Free Countries In The Americas

Dateline: Kuala Lumpur, Malaysia Have you ever dreamed of living on a sunny island in the tropics away from all the hustle and bustle where you can relax and enjoy life? It’s certainly an appealing idea. If you’re a Nomad Capitalist, you may have dreamed of this as...