Last Updated August 2, 2021Dateline: Bucharest, Romania I can still remember the “Aha!” moment I had on my first visit to Bucharest years ago. I was sitting with a young woman at...
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...
Tax Optimization: Dual Citizenship Taxes
Dateline: Tbilisi, Georgia A couple of months ago, I sat down with an Australian man named Jake to discuss his interest in dual citizenship. He seemed very eager to get a second...
US States with the Highest Taxes and How to Avoid Them
Many people in the US who live in high-tax states have begun to move to low- or no-tax states. While we understand wanting to lower your tax burden, we don't really understand...
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...
5 Tax Questions for Freelancers and Solopreneurs Living Offshore
Dateline: Yerevan, Armenia There is an undeniably global and growing trend in the remote work industry among digital nomads, freelancers, and solopreneurs. In the United States...
How to Escape Estate Taxes: 16 Countries with No Death Tax
In this world, nothing is certain except death and taxes,’ Benjamin Franklin, one of the most revered founding fathers of the United States, famously observed. Far be it from the...
IRS Form 5472: Tax Filing for US LLCs Based Offshore
To say that the US tax code is complicated would be a vast understatement. There are forms for every possible situation, income source and individual. There are even tax...
5 Reasons Crypto Investors Need a Second Residency
This article discusses five reasons why every crypto investor needs a second residency. Cryptocurrency investors have begun to face an increasing onslaught of changes as...
How to Use an Offshore Company for Cryptocurrency Tax Benefits
In this article, we will go over the most important cryptocurrency basics and some general warnings about how to handle your cryptocurrency dealings based on personal and client...
How to Get the Philippines SRRV Residency for $1,500
Several years ago, I visited the island of Palawan in the Philippines looking for opportunities in the outer regions of the country. I arrived at the Puerto Princesa airport...
Tax Strategies for Filing Taxes When Married to a Non-US Citizen
For most people who meet the love of their life overseas, taxes are probably the last thing on their minds. But Nomad Capitalists are not most people. You already know...
Citizenship-Based Taxation: Who’s Tried it and Why the US Can’t Quit
The tax reform talks that happened a few years ago had a lot of folks hoping for a long-overdue change to the United States’ basis of taxation. For the first time in almost a...
5 Most Expensive Residency Applications in Europe
Dateline: Bogota, Colombia I recently returned from Merida, Mexico where I successfully obtained Mexican residency in less than a week. The total cost to apply for a one-year...
Non-US Citizens: How to Avoid Becoming a US Tax Resident
To illustrate the implications of becoming a permanent or tax resident of the United States and why proper planning is essential, let's look at the example of one of our Nomad...
The Trifecta: How to Travel Less as a Tax-Free Nomad
Last Updated: July 22, 2020 Dateline: Merida, Mexico Let’s talk about the Trifecta Strategy. This is a lifestyle that I created after years of traveling around the world. ...
Malta Residency Requirements and Application Process Explained
Malta offers several pathways to long-term residency and even citizenship, but it imposes various requirements on applicants. The Residency Malta Agency conducts thorough due...
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...
