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...
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...
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...
How to Open a US Bank Account as a Non-Resident
As a non-resident or even someone who’s renounced US citizenship, it’s still relatively easy to open a US bank account. While there are plenty of benefits to opening a US bank...
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...
How to Get New Zealand Citizenship: The Ultimate Guide
In 2017, news broke that billionaire Peter Thiel had been granted New Zealand citizenship in 2011 after spending only twelve days in the country. News of Thiel’s citizenship...
How to Get Canadian Citizenship: The Ultimate Guide
Last updated: November 5, 2020Dateline: Tbilisi, Georgia Now, before we talk about HOW, let me suggest that if you're looking to move to Canada because the "wrong candidate" won...
2025 US Foreign Earned Income Exclusion: the Ultimate Guide
With 195 countries in the world, many of us don’t want to spend our entire lives living in just one. In fact, the number of US citizens living overseas in 2024 was...
The Largest Value Banknotes in the World
Even if you appreciate the value of holding cash, you probably don't like the idea of carrying around a brick of currency worth a few hundred bucks. In that case, you will...
The Nomad Guide to Living in Mexico City
Dateline: Tbilisi, Georgia I just arrived back in Tbilisi for the holidays after enjoying some time in Latin America. The Latin world is not my top choice for travel, but I enjoy...
The 14 Easiest and Cheapest Second Residencies in the EU
We have a friend, Tim. He’s originally from the United Kingdom but had just completed his PhD in the Netherlands. While there, he met his girlfriend of two years, who is...
10 Tips for Buying Gold in 2025
Central banks worldwide are buying up more gold, with China and Russia leading the charge. In 2022, the demand for gold, the purchase of gold by central banks was the highest...
Mauritius Offshore Companies for Tax Reduction: An Introduction
Dateline: Tbilisi, Georgia ''Heaven was copied after Mauritius.''Mark Twain One of the most satisfying realizations I have made over the years living, doing business, and...
Living in Andorra: How to Reduce Taxes with Andorra Tax Residency
Dateline: Belgrade, Serbia There’s a lot of good to be said about the small European Principality of Andorra. In fact, I’ve had a lot of good things to say about the country...
Low-Tax Countries for Intellectual Property: The Ultimate Guide
Dateline: Belgrade, Serbia As the tech industry has grown and software has begun to "eat the world", a new knowledge economy has taken shape that values intellectual property...
11 Second Residencies Through Cheap Real Estate Investments
The Nomad Capitalist Trifecta Strategy is the perfect plan for those who want to stay globally mobile while establishing bases in certain countries. If you’re becoming exhausted...
Where to Register Your Yacht Offshore: the Ultimate Guide
For anyone who has successfully opened an offshore bank account, got a second passport and is living the lifestyle of their dreams travelling the world, the next step in the flag...
The Importance of Having a “Story” When You Go Overseas
Dateline: Port Vila, Vanuatu We're visiting the Pacific Private Bank here in Vanuatu and meeting with several experts this week, interested to get a feel for the opportunities...
Just how bad is the economy in Venezuela? Here’s what three locals told me.
Dateline: Warsaw, Poland It's been no secret than Venezuela is a nation in crisis. For years, the place has suffered from hyperinflation and all sorts of other economic ills at...
