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
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...
Four ways to legally avoid paying US income tax
Dateline: Kotor, Montenegro Today we’re just going to jump right in. You’ve come for my best advice, and that’s what you’re going to get. So here it is, the four ways you can legally avoid paying US income tax: 1. Move outside of the United States One of the fastest...
Changes to Canadian overseas income tax exemptions
Dateline: Budva, Montenegro Canada is one of the most popular countries for immigration. In light of a possible Trump presidency, more and more people are threatening to leave the US for Canada. Still, there are also over 1.5 million Canadians living and working...
How To Pay Zero Income Tax With Non-Habitual Residence in Portugal
Updated: July 27, 2020 Dateline: Valencia, Spain I don’t spend much of my time in Western Europe for a reason; but I’m currently in Spain and I just might visit Portugal in the coming days, as well. It’s been almost seven years since I was last in Portugal and quite a...
21 countries that have lowered income tax rates
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...
The five most livable countries with no income tax
Looking to live in a country with no income tax, but don’t want to slum it on some tiny island with few services or things to do? Well, you’re in luck. Fortunately, there are plenty of countries with no income tax where governments welcome people with...
The five best island countries with no income tax
Looking for total tax freedom and a taste of island life to go with it? These island nations not only provide gorgeous scenery; they’re perfectly happy to let you earn all the money you want without dipping their hand in the pot. The tax policy is as laid back...
Imagine paying 100% tax rates on your income
Dateline: Kuala Lumpur, Malaysia Imagine if you worked an entire day, an entire week, or even an entire year… and had every dime of your salary taken away, or every penny of your business income confiscated. Imagine 100% tax rates on your income. As capitalists,...
IRS Tax Relief for Expats Impacted by COVID-19
Dateline: Merida, Mexico The coronavirus pandemic has limited travel in many areas of the world and by doing so has changed the plans of many expats. If your global tax plan was impacted by COVID-19 in 2020, you may still qualify for tax benefits such as the 2020...