Dateline: Singapore I’ve been fascinated with the concept of offshore private vaults and safe deposit boxes for years. Basically, a private vault is an alternative to a bank safe deposit box. Some vaults are ultra-high-security refuges fit for James Bond while...
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 a bank account in Bermuda – a classic offshore destination. This philosophy,...
Dateline: Kuala Lumpur, Malaysia In the world of offshore banking, there’s plenty of misinformation floating around the internet. Just last week, we debunked the myth that US citizens can’t open offshore accounts, so today, I want to address another...
Dateline: Singapore When I started Nomad Capitalist, one of my primary goals was to counter some of the bad information out there on the internet about topics like opening offshore bank accounts and getting residency in other countries. See, after I decided to leave...
Dateline: Kazbegi, Georgia Despite what the media would have you believe, there are numerous legal and legitimate reasons to use an offshore company. In the past, those who dealt in offshore circles used fake names and fake stock photos as they sought to represent the...
Dateline: Belgrade, Serbia If you’re coming from a country like Germany, Singapore, or the Netherlands, frankly, you might be disappointed in the safety of the US banking system. There’s a misguided assumption that banking in the US must be safe. It is the world...
Dateline: Kuala Lumpur, Malaysia Go to any financial website, entrepreneurial blog, or social media platform where the nomad community is present these days and you will hear the constant buzz about one thing: cryptocurrency. In fact, it won’t take you long to find...
Dateline: Tbilisi, Georgia ”Heaven was copied after Mauritius.” Mark Twain One of the most satisfying realizations I have made over the years living, doing business, and investing abroad is that the freedom and financial success I have achieved is part of...
Last Updated: September 17, 2020 Dateline: Belgrade, Serbia What is the best country for incorporating your company? If you are doing business in a high-tax country, you may have considered incorporating offshore in order to reduce your taxes. But knowing that an...
Dateline: Kotor, Montenegro I recently visited the island country of Vanuatu and hung out in Port Vila with a couple of bankers there who are part of the offshore banking circuit. Vanuatu has long been on my radar and I have studied it over the last two or three...
Dateline: Port Vila, Vanuatu The days of a perpetual traveler with a Belize company and Seychelles bank account are coming to an end. Perhaps they are already over. An increased push for transparency, information sharing, and tax collection by large, western...
Dateline: Port Vila, Vanuatu “Berlin will exploit Brexit. These companies need to be at the heart of Europe.” So read the pages of the “Foreign Direct Investment” magazine I was reading while waiting in the headquarters of Pacific Private Bank here in Vanuatu. I’m...
