SECOND RESIDENCEStart on the path toward second citizenship. Get tax benefits, diversify, and live abroad.The most popular service we provide here at Nomad Capitalist is helping...
Priority Banking Offshore for High-Net-Worth Individuals
Here at Nomad Capitalist, we talk a lot about how important it is to open your first offshore bank account. It acts as your gateway to global citizenship as it is the first easy...
Swiss Banks: The Ultimate Guide
If you ask someone on the street about offshore banking, chances are, their mind will go directly to Switzerland. The land of chocolate and cheese, lakes and mountains, and...
What Is a Nominee Director or Shareholder?
Last updated October 31, 2020 Dateline: Kuala Lumpur, Malaysia When it comes to the offshore industry, historically, the media has picked up on the Wolf of Wall Street idea where...
How to Travel with Two Passports
Updated: February 9, 2021Dateline: Mexico City, Mexico Dual citizenship can be a very exotic idea for many people. It’s mystical enough that when these people first find Nomad...
The Best Countries for Crypto Mining
This article discusses the best countries for crypto mining. We'll also discuss some countries that are terrible for crypto mining. Despite the complications and changing...
How to Move to a Tax Haven and Pay Zero Tax
One of the most frequent questions we are asked reveals just how many misconceptions still exist about investing, living and doing business overseas. The question typically...
The Nomad Tax Trap: Why Living “Nowhere” is Harder than Ever
Dateline: Tivat, Montenegro When I was eleven or twelve years-old, my parents began talking about picking up our lives in the United States and transplanting everything to a...
Panama-Friendly Nations Visa: Read The Ultimate Guide
Update May 2021: The last day to apply for the Panama Friendly Nations Visa is August 1, 2021, at which time the program will be closed. It will be replaced with a $300,000...
Form 8865: Tax Returns for Foreign Partnerships
As readers of this site know, the United States taxes its citizens (including expats who live and work abroad) and legal permanent residents (LPRs) on their worldwide income. No...
Form I-407: How to Relinquish Your Green Card
This article discusses Form I-407 (Record of Abandonment of Lawful Permanent Resident Status), its filing process, and the consequences of filing it. We will also discuss some...
Will the FATCA Filing Requirement Ever Be Repealed?
Dateline: Tivat, Montenegro In recent years, I've worked with a number of people who have already renounced, want to renounce, or plan to renounce their US citizenship -...
Can You Get Out of Student Loans by Moving Abroad?
America has a student loan crisis. According to the Fed, at the end of 2022, student loan debt in the US stood at $1.6 trillion. Even with President Biden’s student loan...
Double a Penny for 30 days… Now Pay Taxes
If your finances are in dire need of rescue, then investing in foreign real estate or creating an international Certificates of Deposit (CD) ladder is probably not your biggest...
What is FATCA?: the Ultimate Guide
More than a decade after the Foreign Account Tax Compliance Act (FATCA) became law, its global impact is still being felt. What began as a US attempt to crack down on...
The Best Offshore Banks for 2025
When it comes to offshore banking, one of the most common questions that we get from readers is, 'What are the best offshore banks?' If you're a seven- or eight-figure...
CFC Rules: Taxes on Controlled Foreign Corporations
Dateline: Kuala Lumpur, Malaysia In the world of business, we're taught to keep things as simple as possible, so we often think of concepts in the simplest possible terms. So,...
A List of the World’s Best Mailbox Forwarding Services
Last Updated: October 6, 2021 One of the most frustrating things for a digital nomad or perpetual traveler is figuring out how to receive your mail. Many people who are...
How to Open an Offshore Bank Account in Belize
Dateline: Kuala Lumpur, Malaysia An increasing number of people around the world have turned to offshore banking as a legal way to diversify and protect their assets while...
A List of the Best Offshore Private Vaults
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...
