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...
15 Countries with No Income Taxes

15 Countries with No Income Taxes

Dateline: Manama, Bahrain At Nomad Capitalist, our motto is simple: go where you’re treated best. But where do you find that place? Part of going where you’re treated best is up to personal preference. You may enjoy living in big cities like I do, or you may never...
The 4 Income Tax Systems Around the World

The 4 Income Tax Systems Around the World

Dateline: Kuala Lumpur, Malaysia Why are Nomad Capitalists more likely to renounce US citizenship than UK citizenship? Both passports come with similar benefits and “baggage”, if you will. Neither has the absolute best global reputation, but they’re...
The Tax Consequences of Renouncing US Citizenship

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 preparing for the next day when I would go to the US Embassy to renounce my US citizenship. Why...
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