It’s a core belief here at Nomad Capitalist that the US tax system is unfair in many ways. While most people agree, there are still quite a few who think that the US tax...
14 Business Visas for Global Entrepreneurs: The Ultimate Guide
Taking your business offshore isn’t just about growing – it’s a smart, legal way to reduce your tax burden. Many countries actively encourage foreign entrepreneurs by offering a...
How to Avoid Capital Gains Tax When Selling a Business
Dateline: Belgrade, Serbia Moving your business offshore is a great way to go where you're treated best and keep more of your own money by legally lowering your tax rate. ...
Avoid This Business Mistake: the Name Brand Trap
If you're reading this article, chances are that you are painfully aware of the fact that doing business in the West and other high-tax places and putting all of your eggs in one...
Remittance Tax Planning: How to Avoid Taxes Living Overseas
Dateline: Central Serbia After being in this business for so long, I have come across numerous different tax misconceptions. I’ve addressed several of them before, but there are...
Taxes for Expats: 9 Debunked US Expat Tax Myths
At Nomad Capitalist, we’ve worked with many former US citizens, soon-to-be-former US citizens and overpaying US citizens. Through the thousands of clients we’ve served,...
The Best Countries without Taxes in Asia
This article discusses the best countries without taxes in Asia and how moving there can add value to your life. When we think about countries with no income tax, our brain often...
The 10 Best Online Business Ideas for New Entrepreneurs
Dateline: Kuala Lumpur, Malaysia Our target audience here at Nomad Capitalist includes high-income entrepreneurs and other high-net-worth individuals who wish to optimize their...
Is Hong Kong Safe for Business and Banking?
Dateline: Kuala Lumpur, Malaysia Ever since the protests in Hong Kong, I have heard from many viewers and even clients who all have the same question: Is Hong Kong safe? Is it...
Why I Hate Easy Taxes, Passports, and Banking
Dateline: Mexico City, Mexico Easy is a word that is used . . . well, too easily. From time to time I talk about how something I did was easy. For instance, I’ve talked before...
5 Offshore Methods to Pay Less Taxes
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 and live in Dubai. ...
Stripe Atlas: A Bad Idea for Online Businesses
Dateline: Le Morne, Mauritius My parents never gave me an inheritance. They weren’t in the habit of handing out money simply because they had it. Instead, they gave me two...
Form 8858: US Taxes on Foreign Disregarded Entities
All expat or US taxpayers who own a foreign business or have an interest in a foreign business (corporation, partnership or LLC) must complete and file a number of forms with...
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...
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,...
1% Tax Rate in Europe: How to Start a Business in Romania
Last Updated August 2, 2021Dateline: Bucharest, Romania I can still remember the “Aha!” moment I had on my first visit to Bucharest years ago. I was sitting with a young woman at...
Tax Optimization: Dual Citizenship 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...
Tax-Friendly Businesses to Start for New Entrepreneurs
Dateline: Yerevan, Armenia At Nomad Capitalist, most of the people I work with are six- and seven-figure entrepreneurs. They've already optimized their businesses, and they want...
US States with the Highest Taxes and How to Avoid Them
Many people in the US who live in high-tax states have begun to move to low- or no-tax states. While we understand wanting to lower your tax burden, we don't really understand...
11 Reasons to Use an Offshore Company for Business
Despite what the media would have you believe, numerous legal and legitimate reasons exist to use an offshore company. In the past, many of those who dealt in offshore circles...
