“Residence Planning” for Lower Taxes: 6 Ways to Use Zero Tax Residence
Dateline: Dublin, Ireland The Nomad Capitalist lifestyle is all about “going where you’re treated best” and planting flags in different countries that serve you better than any other. For example, rather than trusting your savings to Chase Bank or...
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...
Get Second Residence and Pay No Tax in These 25 Tax-Free Countries
Last Updated August 1, 2020 Dateline: Singapore Having a second citizenship is an important part of international diversification, but having a backup passport alone does not end your tax obligations if that is your goal. US citizens can have as many passports as they...
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...
The Alarming Rise of the American Wealth Tax
Dateline: Bogota, Colombia Over the last century, many countries have tried taxing the wealthy at higher rates. More recently, there’s been a lot of buzz about a global wealth tax. The virus has put a lot of countries in extreme debt, pushing the issue of taxing the...
4 Panama Tax Haven Myths and Misconceptions
Dateline: Bogota, Colombia Panama as an offshore jurisdiction has been front and center in recent years as a result of the now-infamous Panama Papers leaks. With all the attention Panama is getting, there’s bound to be some rumors and fiction spread around. But let’s...
UAE Residence by Investment: the Ultimate Guide
As a country with significantly more expats (80% of the population) than natives (12%) and a burgeoning population in an arid desert climate, unique is probably the word that best describes the United Arab Emirates (UAE). It most definitely is a country that has...
The Death of the Tax Fairness for Americans Abroad Act
Dateline: Bogota, Colombia The United States is well known as effectively being the only country in the world to follow its citizens wherever they go and not only tax them but impose income-generating regulations no matter where they live in the world—even if you...
What is GILTI Tax and How Can You Reduce It?
Dateline: Bogota, Colombia Tax reform in the United States is a dangerous business. Before the highly anticipated “Trump Tax Reform” was finalized in 2017, there was talk of abandoning citizenship-based taxation and adopting the same residence-based system of taxation...
How to Minimize Real Estate Taxes as a Nomad
Dateline: Belgrade, Serbia How do you minimize your real estate taxes as a Nomad Capitalist? I was recently asked this by someone commenting on our YouTube channel and thought it was a good question worth addressing. The person who wrote to us was specifically...