This article will discuss the best-performing currencies of 2022, which led the global trade, and how different currencies in the world fared compared to the US dollar, which is considered the base currency for many currency indices. Why would anyone be interested in knowing the strongest currency in the world? Because the state of a […]
This article answers the question, “Where do rich people keep their money?” It also looks at how they save it, and, most importantly, how they invest it and expand it to create generational wealth. There are over 56 million millionaires and 2640 billionaires in the world. The US is home to over 21 million millionaires […]
American investors and entrepreneurs have always preferred Mexico to diversify their investment and residency/citizenship portfolio thanks to its close proximity to the US, investment opportunities and a skilled workforce. Be it real estate, citizenship by descent, second residency/citizenship, or retirement – no matter the domain, Mexico puts its best foot forward. That’s why we love […]
This article discusses liquid assets, their types, and the difference between liquid and non-liquid assets. It will also look at the advantages of liquid assets and how purchasing them can add value to your investment portfolio. Cash is king. You’ve probably heard this many times as an investor or an entrepreneur. To a large extent, […]
Unless you live in a tax-free jurisdiction, you’re subjected to many taxes. The US tax authority IRS, alone, has over 800 forms and schedules for taxpayers. You may be required to pay taxes, but you’re not required to stay in a jurisdiction that asks for half of your income in taxes. You can choose to […]
This article discusses hard assets, the different types, and the difference between hard and soft assets. It will also look at the advantages of hard assets and how purchasing them can add value to your investment portfolio. At Nomad Capitalist, an investment portfolio is at the core of what we do. However, oftentimes, people make […]
Taxes are confusing – we can all agree on that. All the asset reporting, consulting with CPAs, filling the never-ending paperwork, and trying to make sense of tax raises each year is enough to drive anyone crazy. On top of that, some countries have made it their mission to make the taxation process as overwhelming […]
Can you turn $2,000 into $1.5 million with a Roth IRA? That’s exactly what entrepreneur and the co-founder of PayPal, Peter Thiel did. The impressive gains of the Peter Thiel Roth IRA account elicit the question, could I achieve the same results with an initial retirement fund of a few thousand dollars? Keep reading to […]
International corporate income tax rates vary, with the average rate sitting comfortably around 23.45%. There are extremes. Some countries – think the Caribbean – offer 0% rates, while the tiny African nation of the Union of Comoros has the undesirable reputation of being the nation with the highest corporate tax rate – a whopping 50%. The […]
In our ultimate guide to banking in the UK, we look at the different types of banks in Britain. You will learn what the biggest banks in the UK are, including the top three “high street banks,” and what you need to open a bank account. Finally, because there are generally restrictions on foreigners opening […]
The United Arab Emirates (UAE) is among the world’s most renowned business destinations. With its strategic location and strong government support, the UAE attracts entrepreneurs from across the globe by making business easy to conduct and providing state-of-the-art infrastructure. However, the main factor underpinning the UAE’s popularity has been its policy of not taxing corporations. […]
This article looks in-depth at Andorran banking and the Andorran financial system in general. We look at the different banks in Andorra, both public and private, with details on how to set up a bank account in Andorra, even if you are a non-resident, and how the country’s services compare with offshore banking services in […]
This article discusses Irish non-resident tax rules and how the system differs from other countries. We look at the difference between being resident and non-ordinarily resident plus Ireland’s domiciliation rules and how these can affect your tax status. Irish tax rates for non-residents don’t differ from those of residents. Instead, the difference is in how […]
Home to more than 60 million people, Italy is the third‐most populous state in the European Union. Renowned for its rich cultural heritage, the country is celebrated worldwide for its excellent art, fashion and cuisine. When World War II ended, a defeated Italy saw its economy suffer. But in recent decades, the country has developed […]
Our guide to banking in Gibraltar looks at how to set up a bank account in Gibraltar, why you may wish to do so, the different banks available in Gibraltar, plus the various pros and cons of banking on the Rock. The Rock of Gibraltar is famous worldwide as a symbol of stability and resilience, […]
What if you could grow and protect your wealth while enjoying the benefits of an offshore banking hub in the heart of the Caribbean? When choosing an offshore banking destination, it’s important to shop around to ensure that you find the solution that best suits your needs and Antigua and Barbuda is a great place […]
This article looks at how to establish tax residence in Barbados along with information on the different taxes in Barbados and how they are levied. It’s important to note that, in Barbados, the rate of corporate income and personal income tax you pay will largely depend on what your exact status is. As a Common […]
Would you like to start a business in the Cook Islands? Going offshore is one of the best asset protection tools at your disposal. Our in-depth guide gives you the lowdown on starting an offshore company in the Cook Islands. By establishing a Cook Islands limited liability company (LLC), you are taking another step towards […]
So crypto is back, bitcoin’s value is up to around double what it was at the start of the year and that’s a good thing, right? Well yes and no. It all depends on how well organized you are. Will you reap the windfalls of a new crypto growth cycle to build more wealth? Or […]
Dan Curtis of Nomad Capitalist recently sat down with Harry Dent of HS Dent investments, renowned for being one of America’s most outspoken financial advisors. Dan got his thoughts on his ‘Everything Bubble’ Theory, its potential impact on the economy, and his predictions for the financial markets. After the latest interest rate hike by the […]
Everyone knows that moving to Puerto Rico can reduce taxes, but the US Virgin Islands often gets overlooked despite providing the same benefits. Since the US Virgin Islands is a US territory, it’s a great starting point for US citizens who want to explore their offshore options and lower their taxes but are hesitant about […]
Update: In October 2024, the St Kitts and Nevis Citizenship by Investment Unit announced major amendments to its CBI Program. Key changes included reducing the minimum real estate investment to US$325,000 and lowering the cost for single-family homes to US$600,000, among other changes. Asset protection and personal freedoms are two things that any Nomad Capitalist […]
This article will discuss tax-non-residence in Japan, the types of Japanese residence for tax purposes, and general tax implications for people seeking a second residence in Japan. Japan is one of the safest, wealthiest, and most beautiful countries in the world. Moreover, Japan boasts one of the world’s most powerful passports. Given those stats, who […]
A recent report by the World Economic Forum ranked the severity of global economic risk both in the short and long term. The Global Risk Report also highlighted that a significant risk is that these issues are often interconnected. Here we will discuss the top risks for the global economy in 2023 and how to […]
In this article, we will explore the predictions of economist Peter Schiff. Schiff is an expert in international exchanges, business, precious metal investments, and economic performance. His economic views are generally conservative, and he advocates for fiscal responsibility. In recent interviews, the financial expert warns against rising mortgage rates and stock market instability. Schiff predicted […]
In this article, we take a look at non-domiciled tax status in Ireland, what it is, what it means in the broader context of taxation, and how this status differs from that of the UK system. We also look at some specific criteria used to determine whether you can be considered to be a domiciled […]
In this article, we’ll look in-depth into how to get residency in Serbia for tax purposes, its benefits, and more. We’ll also discuss the concepts of tax residency and in which circumstances being tax resident in Serbia can come in handy. Generally, people move away from European countries to establish their tax residency since Europe […]
Asia is the up-and-coming destination for business and investment. The past half-century has been a turning point for much of Asia in which it has performed a complete 180-degree shift and emerged as a force to be reckoned with in several areas, like economic growth, ease of doing business, investment opportunities, affluent lifestyle, etc. Asian […]
With its sun-soaked beaches, business-friendly tax regime and affordable Golden Visa program, Cyprus has become a magnet for global entrepreneurs looking to set up shop. The island nation combines EU status with corporate perks, making it a lucrative base for travellers eager to slash tax bills and enhance personal and business freedom. But before diving […]
With its lush mountains, verdant rainforests and white sand beaches, Dominica is more than a tranquil vacation spot – it’s also an attractive base for offshore banking. Of all the Caribbean countries, Dominica is an island that has seen sizable growth as a financial centre. This is partly due to the launch of its citizenship-by-investment […]
Dateline: Tbilisi, Georgia It’s been almost a decade since my first visit to Georgia. I quickly realized there was a lot of potential in such a business-friendly country, and I was eager to meet people to help me unlock it. Today, I’m going to introduce you to my best contact at the law firm in […]
El Salvador is a small and, by most means, the unremarkable country in Central America. It’s not a popular retirement destination like Costa Rica neither is it economically successful like Panama. Most people know the Republic of El Salvador for one thing – crypto friendliness. You’ll probably find very few countries (or none) that have […]
What comes to mind when you think about Airbnb? Images of happy vacations, beautiful condos, life on the road or maybe even your very own Airbnb experience? For those keen to protect and grow their wealth, investing in an Airbnb property might not spring to mind. It could, however, be time for a rethink because […]
Like many financially successful people, you may have generational wealth to pass on to your kids. But the tragedy is that not only do you have to pay taxes during your lifetime, but taxes might also be passed on to your kids, in the form of inheritance tax. Inheritance tax isn’t common practice among countries, […]
I bet Africa will not be the first on your list when you consider investing. It might not even make it to your list of top countries to invest in. We at Nomad Capitalist are also not as keen on offering African markets to our clients. Why do you ask? Probably because of the same […]
What do a nomad and a cryptocurrency have in common? Both are location-independent. A nomad can move around the globe as they please, while a cryptocurrency is completely virtual and devoid of any central regulating authority, making it the perfect asset for a digital nomad. The ever-increasing popularity of crypto and the global shift toward […]
Nowadays, the super-wealthy like Jeff Bezos, Warren Buffett, and Elon Musk are always talked about. They aren’t talked about because they’re self-made men who have escalated the success ladder, or done something great for humanity. These men are often talked about because of two things: their wealth and their taxes. Does Elon Musk pay taxes? […]
The Cayman Islands is often called a tax haven because it does not impose a corporate tax, something that makes it an ideal location for multinational companies to shield some or all of their income from taxation. Moreover, the Caymans have no income tax, no property taxes, no capital gains taxes, no payroll taxes and […]
Dateline: Bogota, Colombia Through the years, there has been a rise in wealth in most western countries. In layman’s terms, most millionaires and billionaires are getting increasingly wealthy. Accordingly, most politicians are trying to introduce a tax that will go after these people’s unrealized capital gains. Even though this is still a proposal, it could […]
When you hear the word “offshore” what do you immediately think? Some people think going offshore means that you’re dealing in a “shady” business. Some say you’re trying to evade taxes in your home country. Quite frankly, the number of people who misunderstand the word’s real meaning is concerning. By definition, offshore basically refers to a […]
Dateline: Hong Kong I’ve mentioned this before, but it’s worth mentioning again — Hong Kong loves cash. So does Switzerland. And Germans have historically always loved cold, hard cash. Even Middle Eastern countries do, too. I once saw an Iranian guy carrying $4 million in cash! But since I’m in Hong Kong, I’ll tell you […]
If you only had US$1,000 per month to live on, where would you go – and why? Whether you’re living off investment interest or starting over from virtual scratch, there are places in the world where you can make that kind of budget work. As always, getting the right advice from the start can save you […]
Wise, the FinTech company formerly known as TransferWise, is disrupting the international currency exchange market. It sends money all over the world in other currencies for much lower fees than most banks. Not only that, but it also offers services to hold money in different currencies both for personal and business needs. Admittedly, our opinion […]
At Nomad Capitalist, we’ve worked with many former US citizens, soon-to-be-former US citizens and overpaying US citizens. Through the thousands of clients we’ve served, it’s clear that there are a lot of US expat tax myths that so many people believe. Some people say that you can’t save on taxes when you’re offshore, while others […]
We want to tackle a question that everyone wants an answer to. It’s a topic that frequently comes up in conversation. But it’s not one that many people truly know how to answer – at least not from our experience. What’s the question? How can I become a multimillionaire? In this article, Nomad Capitalist Founder […]
While the US banking system may have its challenges, utilising it correctly can unlock unique opportunities that you’re unlikely to find anywhere else in the world and with it, you get access to exclusive investment opportunities, privacy and much more. In this comprehensive guide, we’ll explain what the American banking landscape is like today and […]
Dateline: Kuala Lumpur, Malaysia If you want to increase the return on cash you hold in depository accounts, you can use emerging world banks to earn higher – even dramatically higher – rates of interest. Here at Nomad Capitalist, we believe that well-positioned offshore banks are just as safe as many of the banks where […]
If it’s true that paper never refused ink, what can be said for modern society, assailed as it is by social media, the Dark Web and Twitter – sorry, X? In the deepest, darkest recesses of the internet and the offshore world, you can hear all manner of rumours. Most of the conspiracy theories are […]
With rising inflation still an issue for many economies and the cost of utilities and basic goods subject to never-ending hikes, the purchasing power of the money you have in banks is reduced. That’s why receiving pennies in interest on our deposits and savings feels like being cheated. Sadly, however, many of us have got […]
If you ask someone on the street about offshore banking, chances are, their mind will go directly to Switzerland. The land of chocolate and cheese, lakes and mountains, and high-end watches is also the banking capital of the world in the mind of the everyday person. Thanks to lots of spy movies and The Wolf […]
Find answers to some of the most common questions regarding Nomad Capitalist, what we do and how we can help.
Nomad Capitalist is a boutique consulting firm that has guided more than 1,500 clients from over 100 countries in obtaining second passports and citizenships, relocating strategically, building offshore wealth structures, and exploring legal pathways to reduce tax exposure.
The firm does not provide specific legal or tax advice, but offers expert insight and strategic resources designed to help clients pursue greater freedom, international diversification, and financial independence.
We must adhere to OFAC regulations (Office of Foreign Assets & Control). We will also soon be adhering to the following standards: KYC (Know Your Customer) and AML (Anti-Money Laundering).
There are no hidden costs. Your budget spells out exactly what is included and what is not. Planning and implementation are priced separately: the planning fee covers the creation of your plan, and implementation has its own fee based on the final scope of work.
We do not bill by the hour — fees are fixed and agreed in advance.
We cannot guarantee government, bank, vendor, legal, residency, citizenship, passport, or real estate outcomes with 100 percent certainty. What we can do is help select realistic options, prepare a strong file, coordinate the right vendors, avoid avoidable mistakes, and keep the process moving with the highest possible chance of success.
We adhere to strict GDPR rules and regulations. Client information is treated as confidential and can only be shared with properly authorized people or organizations.
The company has cybersecurity and confidentiality standards covering sensitive and protected information, restricted AI use with client data, access controls, and compliance documentation.
Compliance checks may include screening for risk indicators and escalation if there are signs of tax non-compliance, fraud, or criminal concerns.
We do not look at tax, immigration, banking, asset protection and lifestyle as separate decisions. Unlike a single tax advisor, lawyer or immigration specialist, Nomad Capitalist architects the whole plan: we design the roadmap, bring in the right specialists and make sure every piece works together.