How To Pay Less Taxes: 5 Offshore Methods

How To Pay Less Taxes: 5 Offshore Methods

Dateline: Mexico City, Mexico When most people think of how they can structure their lives so that they don’t have to pay taxes, their first thought is that they have to go live in Dubai.  Surprisingly, this just isn’t the case. There are more ways than you might...
How to Move to a Tax Haven

How to Move to a Tax Haven

Dateline: Tivat, Montenegro One of the most frequently asked questions I get in my course of work is one that reveals just how many misconceptions still exist in regards to investing, living, and doing business overseas. The question typically sounds something like...
FAQs: Tax Incentives and Moving to Puerto Rico

FAQs: Tax Incentives and Moving to Puerto Rico

Puerto Rico has been in the news quite a bit lately. Specifically, its status as a new tax haven for Americans has landed it on editorial pages from Forbes to GQ. Here at Nomad Capitalist, we believe everywhere has a right to “go where you’re treated...
The Zero-Tax Citizen: Tax-Friendly Second Passports

The Zero-Tax Citizen: Tax-Friendly Second Passports

  Dateline: Kuala Lumpur, Malaysia Those of you who are tired of paying high taxes may have heard that a tax-friendly second passport can help you legally reduce your tax burden. You might be a high-income entrepreneur who wants more control over their assets, or if...
US FEIE: How the Bona Fide Residence Test Works

US FEIE: How the Bona Fide Residence Test Works

Dateline: Kuala Lumpur, Malaysia If you’re a US citizen looking to legally reduce your tax burden, chances are you’ve considered pursuing Foreign Earned Income Exclusion. Since the US uses a system of citizenship-based taxation, US citizens and permanent...
Does Dual Citizenship Lower Your Taxes?

Does Dual Citizenship Lower Your 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 passport, so I asked him why he wanted one so badly. “I’m tired of paying...