As one of the economic leaders of the EU, Germany provides plenty of opportunities for young entrepreneurs looking to start their own business. Germany’s previously declining...
Portugal Golden Visa 2025: Benefits, Eligibility, and Application Process
For over a decade, the Portugal Golden Visa has been an appealing option for American investors who want to live abroad and leverage the freedom of moving between the EU’s 27...
Welcome to Nomad Capitalist
We offer holistic, legal strategies to successful entrepreneurs and investors to reduce their tax bill, grow wealth overseas, and become global citizens. We've helped hundreds of...
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 3520: US Taxes on Gifts and Inheritances
You’ve probably heard the expression that ‘the only two things certain in life are death and taxes’. The Internal Revenue Service (IRS) works very hard to make the latter...
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...
FinCEN 114: Everything You Need to Know
If you are a citizen (resident or non-resident) of the United States, green card holder, or resident alien who has a financial interest in or signature authority over a foreign...
How to Bank, Live, and Invest Abroad: The Global Citizen Sandwich
Here at Nomad Capitalist, we spend a lot of time talking about the concept of going where you’re treated best. At its most basic, this idea means seeking out places that have...
How to Get Armenian Citizenship by Descent
Last updated: September 20, 2020 Dateline: Yerevan, Armenia One of the things that we find most rewarding about our job is helping people get a second passport. As we've...
Why Time is Money Abroad: An Expat Perspective
We've invited Kyle, an American expat who moved from California to Ukraine, to tell us about his experience moving abroad and living as an expat while running his business...
Will the FATCA Filing Requirement Ever Be Repealed?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 -...
Living in Roatan: a Guide to the Honduras Bay Islands
This article was contributed by travel writer Ashuni Perez. The opinions expressed by guest contributors are theirs alone. Cerulean waters, white sand, and gorgeous reefs make...
The Best Cities for Single Nomads
Dateline: Belgrade, Serbia When I was just twelve years old, my parents made a huge announcement: they were thinking of relocating our family to New Zealand. While I was taken...
How to Open a Bank Account in Malta (as a Non-resident)
There are several reasons why Malta is an incredibly popular destination for wealthy expats. On the surface, there’s the golden Mediterranean sunshine, the lush coastal...
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...
Escape the Rat Race to Become a Tax-Free Global Citizen
As you read this article, you might be sitting at your desk, dreaming of living a freer lifestyle. Throughout our lives, many of us in the West are told that we'll be happy if we...
How to Get an O-1 Visa: the Ultimate Guide
For countless business professionals, having the opportunity to work in the United States is something that cannot be passed up. Offering a great quality of life, higher...
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,...
