If you are a US citizen living abroad, you are required to file your annual taxes based on your worldwide income, not merely income earned in the US. This means that any foreign-earned salary, as well as foreign-earned interest, dividends, pensions, capital gains on...
Over the past few years, South Africa’s currency has been weakening at a constant rate, losing substantial value since 2010. Recently, things turned into a full-blown currency collapse. Now, South Africa plans to impose a form of citizenship-based taxation on South...
EUROPE’S GOLDEN VISAS: 7 Highly Pursued EU Residence Programs Find out which European countries grant foreigners a residence permit in exchange for their investment dollars. EUROPE’S GOLDEN VISAS: 7 Highly Pursued EU Residence ProgramsFind out which European...
Dateline: Kyiv, Ukraine We just keep talking and writing and shouting about taxation here at Nomad Capitalist, the same way Europeans and Americans deliberate over football. Yes, I’m aware that they are not talking about the same thing, despite bearing the same...
Last updated: July 9, 2021 Dateline: Belgrade, Serbia Spending my last couple of weeks bouncing back and forth from my summer house in Montenegro and our current Nomad Capitalist team HQ’s in Belgrade means I spend a lot of time hanging out with my friends from the...
A country’s debt-to-GDP ratio is a great indication of a country’s reliance on sovereign debt. Debt, when used in the right proportion can spur growth but if used in the wrong proportions, can cause detrimental problems. As the name suggests, the ratio is measured...
Dateline: Tbilisi, Georgia I have mixed feelings about the collaborative economy. As an anarcho-capitalist, I’m all about reducing government involvement in our lives. However, that doesn’t always lead to an aversion to institutions. Internet business gurus can’t stop...
Dateline: Tbilisi, Georgia There is an argument in the United States that the Left just can’t resist making when it comes to justifying tax hikes: “We’re the only industrialized nation with taxes this low.” In fact, any time they can argue that we’re the only...
Dateline: Tbilisi, Georgia Since I have been focusing so much on taking action this year, I have decided to give you small reports on some of the deals that I am and will be working on. I will walk you through the steps I take as I document what I have done. In...
Dateline: Kuala Lumpur, Malaysia Having a second passport is an important step toward personal and economic freedom. However – especially for US citizens – the goal of obtaining a second passport can sometimes mean getting just about ANY passport. We...
Dateline: Singapore I recently broke down just how much things have increased in price thanks to inflation in the last thirty years. Those bananas my mother bought at a run-down Marc’s in Westlake, Ohio twenty-five years ago now cost four times as much. One...
Dateline: Kuala Lumpur, Malaysia Seventeenth century Holland was ruled by a class of wealthy patricians known as the regenten. Similar to Rome’s patricians, the regenten was a group of merchant families who used crony capitalism to control almost all matters of...
