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Any nomad-specific gadgets that you’d get someone for Christmas or use to make your iife/location independent business more easy?
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by @mateuszwieloch | 17 comments
I have finally saved enough money to start investing. What company gives good, diversified access to stock, ETFs and mutual funds? Does it make sense to use company like Vanguard or Fidelity for that? I’m a EU/Poland citizen, how would I transfer my money back and forth without incurring significant fees?
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Hey guys, here’s a question I’ve been asking nomads I meet everywhere, but still haven’t found good information. My startups mostly focus on american and european markets but I don’t have a registered company, nor I live permanently on any of these countries.
I get the cash payments online in paypal (or adsense) and transfer it to Thailand (or Malaysia, or Bali, or Brazil, or wherever I’m at). The thing is… for low volume living expenses it seems fine, but as I scale the business, I’m starting to think more and more about fiscal law.
A fellow nomad told me to transfer it to Singapore, Hong Kong or The Virgin Islands, and then use an international credit card anywhere. I don’t know if it’s the best way to optimize this… any ideas?
Also, could there be any problems in selling to these countries without a registered local company?
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by @ramblurr | 24 comments
For some of us maintaining a US Based Bank is just a necessity. Either we never pick up residency abroad, or have a US based business for which a US based account makes life easy.
Purely online personal banking is a growing trend. Schwab has a great checking account that reimburses ATM fees and has no international fees, Simple is a new online only bank with tons of great features (though not so great for nomads abroad).
Anyone know of similar services for small business online?
Features I’m looking for:
- Business accounts (not a human name on the account)
- Great website experience
- Photo Check deposit
- Cheap / below-average transfer and wire fees
- Cheap fees / minimum balance requirements
I prefer storing my cash in personal accounts or investment accounts - Free international use of cards
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by @andrew_f_shaker | 27 comments
Hello fellow Nomads!
I’d like to be more than just a Shengen stamp in the EU. What are the easiest ways/countries to be an EU resident (perhaps even permanent).
I heard you can buy cheaper property in Bulgaria or a business in Lithuania. Does anyone have suggestions?
Happy Nomading!
Andrew
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by @homakov | 79 comments
Are there guys here with income over $10k month living more luxury-like lifestyle? I struggle to find friends with similar lifestyle who can travel anywhere and not care about the money, who can go to a nice restaurant or bar and not look at the prices.
I am not a douche bag (mostly) who only cares about the money, but the majority of people I met are trying to spend less and it kills so many opportunities to have fun… I am not rich at all, but I hate “backpacker” lifestyle and call myself a “flashpacker”.
I used to live in Bangkok and I visit this city frequently. Now I’m in Saigon and going to Taipei in the end of Nov. Anyone wants to connect?
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by @ajsnewman | 5 comments
Which is your favourite country in the world to incorporate and why?
I have a product that I plan to retail in the EU, Japan, the USA, Canada and New Zealand. Where should I incorporate?
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by @theglobalcitizen | 60 comments
The purpose of this post is to discuss the benefits, downsides, and challenges of setting up an international business.
Comment with what you want to know, or with what knowledge you can offer others based on your experience.
- Do you want to set up an offshore company but don’t know
where to start? - Do you have questions with setting up legal entities or bank accounts?
- Do you have questions with regards to paying taxes and residency.
Before becoming a DN I worked in Dubai as a corporate service provider. I helped 100s of international entrepreneurs to set up their companies, engage in tax planning and obtaining residency. Most of them in Dubai, but also in other jurisdictions like Panama, Hong Kong & Seychelles.
Share your biggest struggles or tips!
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by @digital | 24 comments
Hi guys 
I manage a French limited company. My business partner and I are digital nomads. The company pays all company’s expenditures and we pay ourselves for our plane tickets, accommodations, and so on. We would save a lot of money if the company could pay for some of our expenditures but we need to justify that these expenditures are for-business only. Have you ever have this experience?
More broadly, how can we optimize our corporate taxation as digital nomad companies?
One of my thoughts is to consider ourselves as expatriates. Therefore, the company should pay some of our expenses such as travel, accommodation, or school for children. It will be great for the company because it will decrease its profits (i.e. its taxation). But, how to justify setting up a expat contract?
If you have any advice for us and other digital nomad companies, please share 
D.
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Baku, Azerbaijan v.s. Tbilisi, Georgia
What are the pros and cons of both destinations for an new digital nomad ?
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✨ Recommended destinations
This is an algorithmic recommendation based on @nomadcapitalist's trips history to find places they haven't been to yet that other people with similar travels as them also went and liked.
Pros: -Great airport for connections to Africa and South America. -Has some really beautiful views. -Great fruit and fish. -Native Portuguese people are generally friendly and helpful. -Wonderful moderate climate (better than Spain) Cons: -The dirtiest major city I've seen in Europe. Filthy buildings and dog crap everywhere. -Unsafe - most other women I spoke to said they feel unsafe walking alone here (being leered at, whistled at and followed by the mostly immigrant men is a common occurrenc
⭐️ All 💵 Cost 📡 😀 Fun 👮 Safety 🌥 Feels 28° 82° 26° 79°AQI 200$2,213 / mo33Mbps
Berlin is overall a great city to be. Food is cheap and everywhere, easy to go out and have fun/meet for business. Rent has crept up but still far better value than where I came from. Internet: 36 EUR/month get me 450/40 mbps (cable -> DOCSIS 3.0) Public transport is 2.70 EUR/ticket. No woman I know has said they felt unsafe. Some really odd, xenophobic sounding comments on here. Biggest downsides IMO: service quality at restaurants - not that people are rude, but they don't seem to particular
⭐️ All 💵 Cost 📡 😀 Fun 👮 Safety 🌥 Feels 23° 73° 23° 73°AQI 300$3,112 / mo33Mbps
Cons: - Traffic was something else! - Shiddy air quality from half the neighbors burning their trash. - The honking was super stressful, it's so loud even when you're at home or at a restaurant. - Many of the roads are really narrow which would've been fine if it wasn't for the congestion; crazy number of people on the roads. - Beaches = dog crap on your shoes, every time. - Villas get robbed super often, you read about it happening all the time on the Canggu fb page, but also saw it happen in
⭐️ All 💵 Cost 📡 😀 Fun 👮 Safety 🌧 Feels 34° 93° 28° 82°🥵AQI 430$1,374 / mo22Mbps
Don't believe the prices on here for an apartment. 686 usd/month refers to an apartment in a high class condo, right in the city centre and seconds away from the BTS(train station). Just remember this, people working at supermarkets make 2 usd/per hour. If you want to live like a local, then you can save a lot of money. If you don't mind a 5-10 minute walk from the BTS, then you can easily get a one bedroom apartment for 300 USD per month, in a high class condo, plus with free golf cart ser
⭐️ All 💵 Cost 📡 😀 Fun 👮 Safety 🌤 Feels 38° 100° 31° 88°🥵AQI 700$1,339 / mo28Mbps
They say you get what you pay for. After having traveled the previous 4 months in India, Cambodia, VietNam, Myanmar and Thailand, Singapore was so easy! The subway system is a marvel, streets signs were easy to read, everyone speaks English (that just makes it easy for me as an English speaker) it is safe, clean, and parks are gorgeous. I was there as COVID 19 was breaking out fairly fast and that put a damper on my time but I was so happy to be there anyway and plan to go back. For digital
⭐️ All 💵 Cost 📡 😀 Fun 👮 Safety 🌧 Feels 40° 104° 31° 88°🥵AQI 380$2,795 / mo93Mbps
Even if the city is kind of on the decline, it still is awesome. Perfect weather all year, amazing food, vibrant local & expat community.
⭐️ All 💵 Cost 📡 😀 Fun 👮 Safety 🌥 Feels 30° 86° 27° 81°AQI 200$3,398 / mo37Mbps
How did you guys classified Penge as rich? It is one of the worst neighbourhood I have ever been in London, the ammount of people I know that have been robbed there is appalling.
⭐️ All 💵 Cost 📡 😀 Fun 👮 Safety 🌥 Feels 21° 70° 20° 67°AQI 500$4,317 / mo22Mbps
The noise pollution here is insane. The prayer calls from the mosques seem to reverberate throughout Penang. Seems like they are competing for who can be the loudest. This really ruined Penang for me and I cut my time short.
⭐️ All 💵 Cost 📡 😀 Fun 👮 Safety 🌧 Feels 39° 102° 30° 87°🥵AQI 320$1,073 / mo20Mbps🌎 Regions collected (4 of 9)
🚩 Flags collected (6 of 276)
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⭐️ All 💵 Cost 📡 😀 Fun 👮 Safety 🌧 Feels 40° 103° 30° 87°🥵AQI 578mo$1,026 / mo19Mbps
⭐️ All 💵 Cost 📡 😀 Fun 👮 Safety 🌥 Feels 31° 88° 30° 86°🥵AQI 423mo$1,516 / mo34Mbps
⭐️ All 💵 Cost 📡 😀 Fun 👮 Safety ☀️ Feels 36° 97° 31° 88°🥵AQI 5226d$1,370 / mo9Mbps
⭐️ All 💵 Cost 📡 😀 Fun 👮 Safety 🌧 Feels 28° 82° 25° 77°AQI 4625d$1,112 / mo11Mbps
⭐️ All 💵 Cost 📡 😀 Fun 👮 Safety 🌧 Feels 33° 91° 27° 80°🥵AQI 214d$1,675 / mo10Mbps
⭐️ All 💵 Cost 📡 😀 Fun 👮 Safety 🌤 Feels 56° 133° 38° 100°🥵AQI 114😷2d$3,105 / mo10Mbps🛬 Most visits
Putrajaya is the only place I would recommend due to its close proximity to the airport. The Shaftsbury Hotel is modern with two convenience stores, pharmacy, restaurants, dental, and more in the actual building. There is a rain fountain in "mall" of the building that would be Putrajaya's attempt at Singapore's airport one. The location is also literally right across from the bigger mall that has restaurants, international grocery store, movie theater, bowling, electronics, etc. It's a safe a
⭐️ All 💵 Cost 📡 😀 Fun 👮 Safety 🌤 Feels 40° 104° 30° 85°🥵AQI 572x$1,254 / mo17Mbps
Tbilisi is a beautiful place to be at. It is really cheap and nice. People are warm and welcoming, even though they are more friendly in the villages. It is a really cool place with many shops to buy things at that is well located. Also, you can get pretty quickly to nature.
⭐️ All 💵 Cost 📡 😀 Fun 👮 Safety ☀️ Feels 36° 97° 33° 91°🥵AQI 541x$1,248 / mo15Mbps
⭐️ All 💵 Cost 📡 😀 Fun 👮 Safety 🌤 Feels 56° 133° 38° 100°🥵AQI 114😷1x$3,105 / mo14Mbps
A very poor city, not comparable to any other in SEA (maybe Phnom Penh, in Cambodia). Not much to see and do, particularly I can’t see any advantages to stay here, as Thailand, Indonesia and even Malaysia offer better option with higher quality for the same price.
⭐️ All 💵 Cost 📡 😀 Fun 👮 Safety 🌧 Feels 33° 91° 27° 80°🥵AQI 301x$1,063 / mo10Mbps
I was born and raised in Belgrade and all I can say is the city is very underrated. Been to many major cities in Europe, Northern Africa, and also lived for half a year in Los Angeles. I don't wanna sound as if I'm a big local patriot. I will try to be as much as genuine as possible. I completely agree with the fact that most places are full of smoke from cigarettes yet there are parts of the objects separated from smoking sections. This is available in many restaurants, cafes, bars, etc. You
⭐️ All 💵 Cost 📡 😀 Fun 👮 Safety 🌥 Feels 31° 88° 30° 86°🥵AQI 671x$1,516 / mo34Mbps
Nice city. Need cash in many places still hence long lines for ATMs. Safe. Pretty. Goes from cloudy to sunny to cloudy to sunny. Take a bike tour to see the city. I stay in Chapinero which was nice. There a gym called Body Tech and they'll let you work out there for free your first time. No water fountains though so bring your own.
⭐️ All 💵 Cost 📡 😀 Fun 👮 Safety 🌥 Feels 13° 55° 13° 55°AQI 531x$956 / mo11Mbps🛌 Most time spent
Putrajaya is the only place I would recommend due to its close proximity to the airport. The Shaftsbury Hotel is modern with two convenience stores, pharmacy, restaurants, dental, and more in the actual building. There is a rain fountain in "mall" of the building that would be Putrajaya's attempt at Singapore's airport one. The location is also literally right across from the bigger mall that has restaurants, international grocery store, movie theater, bowling, electronics, etc. It's a safe a
⭐️ All 💵 Cost 📡 😀 Fun 👮 Safety 🌤 Feels 40° 104° 30° 85°🥵AQI 578mo$1,254 / mo17MbpsI was born and raised in Belgrade and all I can say is the city is very underrated. Been to many major cities in Europe, Northern Africa, and also lived for half a year in Los Angeles. I don't wanna sound as if I'm a big local patriot. I will try to be as much as genuine as possible. I completely agree with the fact that most places are full of smoke from cigarettes yet there are parts of the objects separated from smoking sections. This is available in many restaurants, cafes, bars, etc. You
⭐️ All 💵 Cost 📡 😀 Fun 👮 Safety 🌥 Feels 31° 88° 30° 86°🥵AQI 673mo$1,516 / mo34MbpsTbilisi is a beautiful place to be at. It is really cheap and nice. People are warm and welcoming, even though they are more friendly in the villages. It is a really cool place with many shops to buy things at that is well located. Also, you can get pretty quickly to nature.
⭐️ All 💵 Cost 📡 😀 Fun 👮 Safety ☀️ Feels 36° 97° 33° 91°🥵AQI 5426d$1,248 / mo15MbpsNice city. Need cash in many places still hence long lines for ATMs. Safe. Pretty. Goes from cloudy to sunny to cloudy to sunny. Take a bike tour to see the city. I stay in Chapinero which was nice. There a gym called Body Tech and they'll let you work out there for free your first time. No water fountains though so bring your own.
⭐️ All 💵 Cost 📡 😀 Fun 👮 Safety 🌥 Feels 13° 55° 13° 55°AQI 5325d$956 / mo11MbpsA very poor city, not comparable to any other in SEA (maybe Phnom Penh, in Cambodia). Not much to see and do, particularly I can’t see any advantages to stay here, as Thailand, Indonesia and even Malaysia offer better option with higher quality for the same price.
⭐️ All 💵 Cost 📡 😀 Fun 👮 Safety 🌧 Feels 33° 91° 27° 80°🥵AQI 304d$1,063 / mo10Mbps⭐️ All 💵 Cost 📡 😀 Fun 👮 Safety 🌤 Feels 56° 133° 38° 100°🥵AQI 114😷2d$3,105 / mo14Mbps🕺 People they cross paths with most
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