How to Use “Paper Residency” to Get a Second Passport
Dateline: Kuala Lumpur, Malaysia Some time ago, I coined the term “paper citizenship” to refer to a second passport that you can get relatively easily without having to spend much (if any) time actually living in the country where you’re trying to obtain citizenship....
Is Taxation Theft? The Nomad Capitalist Perspective
Dateline: Kuala Lumpur, Malaysia The question “Is taxation theft?” pops up in the comments of a lot of our YouTube videos. There is a very passionate group that will bring it up as often as they can. Sometimes, that phrase comes with a question mark, sometimes with an...
How to Create Staffing Companies to Save Tax
Dateline: Kuala Lumpur, Malaysia The easiest kind of business to move offshore is the kind of business that can fit in a backpack – the kind of business that lives in the cloud. This is the kind of work that you can do remotely, totally location-independent. All...
Legal Strategies to Reduce Payroll Tax
Dateline: Bogota, Colombia Since the American Civil War, US citizens living abroad have had to deal with citizenship-based taxation. Whereas every other country in the world uses residential, territorial or even zero tax systems to determine taxable income, US...
How to Get Belgian Citizenship and Residency
Dateline: Playa del Carmen, Mexico As I take on higher and higher net worth clients looking to protect their businesses and wealth from an increasingly inescapable tax system in the US and other high-tax countries, Europe has become a more prominent target on our...
Why I Hate Easy Taxes, Passports, and Banking
Dateline: Mexico City, Mexico Easy is a word that is used . . . well, too easily. From time to time I talk about how something I did was easy. For instance, I’ve talked before about how easy it is to open a bank account in Georgia. But I’ll be the first to admit that...
How To Pay Less Taxes: 5 Offshore Methods
Dateline: Mexico City, Mexico When most people think of how they can structure their lives so that they don’t have to pay taxes, their first thought is that they have to go live in Dubai. Surprisingly, this just isn’t the case. There are more ways than you might...
How to Move to a Tax Haven
Dateline: Tivat, Montenegro One of the most frequently asked questions I get in my course of work is one that reveals just how many misconceptions still exist in regards to investing, living, and doing business overseas. The question typically sounds something like...
The Nomad Tax Trap: Why Living “Nowhere” is Harder than Ever
Dateline: Tivat, Montenegro When I was eleven or twelve years-old, my parents began talking about picking up our lives in the United States and transplanting everything to a different country. The idea was to move my father’s business, my family, everything to New...
Double a Penny Every Day for 30 Days… Now Pay Taxes
Dateline: Kuala Lumpur, Malaysia At Nomad Capitalist, we tend to speak primarily to six- and seven-figure entrepreneurs. As such, many of my article on finance are meant for people who already know what they’re doing with money. If you have a boatload of debt or...