When it comes to taxes, US citizens get a raw deal. Not only do they have to pay tax on their worldwide income, but they have to pay it regardless of whether or not they...
How to Get Cayman Islands Residence and Pay Zero Tax
Choosing where you want to live is undoubtedly one of the most essential parts of your tax, business and lifestyle strategy. If your goal is to minimise, or even eliminate, your...
FBAR Form Filing & Due Dates: The Ultimate Guide
FBAR is an acronym commonly used to refer to FinCEN Form 114, “Report of Foreign Bank and Financial Accounts.” When filing FBAR, you need to make sure that you get everything...
FAQs: Tax Incentives and Moving to Puerto Rico
In this article, we've compiled a list of frequently asked questions regarding Puerto Rico, visiting it, moving there, what it could mean for your taxes, and more. For some – but...
Form 8833: How to Claim Income Tax Treaty Benefits
This article explores how to take advantage of the provisions in tax treaties to reduce your taxes on foreign-earned income. Say you’re a six- or seven-figure US-based...
Caribbean Citizenship by Investment: A Comparison Guide
If you tell someone that you secured Caribbean citizenship by investment (CBI), they may sneer or even ridicule you or your choice of passport. Many people call passports...
The 6 Cheapest Cities in North America for Nomads
This article lists the six cheapest cities in North America for digital nomads. The cities have been chosen based on their cost of living, accessibility, taxes, sense of...
The 6 Cheapest Cities in Asia for Nomads
If you're searching for the top up-and-coming region for investors, entrepreneurs and digital nomads, look no further than Asia. The region is full of thriving investment and...
Your Biggest Questions about Citizenship, Visas and Passports
Dateline: Kuala Lumpur, Malaysia Every month, I get all sorts of questions about everything from second passports to offshore banking. Between this blog, my YouTube channel, and...
14 Easy Second Residency Programs Anyone Can Get
Of everything that we publish here at Nomad Capitalist – and we create lots of content given the scope of our international reach – the most popular articles are those that deal...
What are the Benefits of Dual Citizenship in 2024?
Dateline: Singapore In this article we discuss the benefits of dual citizenship, how it works and also some countries that allow dual citizenship for US citizens. Whether it’s...
Nomad Capitalist FAQs
FREQUENTLY ASKED QUESTIONSEach month, we get 4000+ messages from readers and people who would like help. If you’re new to Nomad Capitalist – or even if you’ve been here for a...
US FEIE: How the Bona Fide Residence Test Works
Last Updated August 14, 2020 Dateline: Kuala Lumpur, Malaysia If you're a US citizen looking to legally reduce your tax burden, chances are you've considered pursuing the Foreign...
Who is a US Person for Tax Reasons?
This is the story of an Australian man named Tom who accidentally became a US person. Tom’s story is a cautionary tale that attests to the complex and difficult nature of...
16 Countries with No Income Tax
At Nomad Capitalist, our motto is simple: go where you’re treated best. But finding that place can be complicated, so a major part of going where you’re treated best is choosing...
The 4 Income Tax Systems Around the World
As you formulate a legal strategy to lower your tax bill, you’ll need to understand how different countries tax their citizens and residents and how those tax systems affect...
The Substantial Presence Test: Why Nomads Should Limit US Travel
You could be living the nomadic dream - bouncing between countries, chasing the sun, ticking off bucket list cities and building your business from anywhere in the world. ...
Bulgarian Citizenship by Investment: Read The Ultimate Guide
Update March 2022: Bulgaria has canceled its fast-track to citizenship option and kept the slow-track program. Dateline: Belgrade, Serbia When I first arrived in Bulgaria a...
Back to the Gold Standard: Will there be a Gold Backed Currency?
Dateline: Dubai, United Arab Emirates Several years ago, nearby Abu Dhabi installed one of the world's first gold ATMs, allowing customers to withdraw fiat currency in term of...
The Best Emerging Markets for Investing in Africa
For years, we've been both fascinated and mystified by the opportunities and the idea of investing in Africa. As small entrepreneurs, you may not be interested in extracting...
