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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.
It's great if you're woke, young & artsy. If you're just a regular guy in your 30's with no connections, you'll have a miserable time. Especially during the pandemic. It's not inexpensive and you get offered cocaine every 200 meters in the city center.
⭐️ Score 💵 Cost 📡 Internet 😀 Fun 👮 Safety 🌥 Feels 21° 70° 20° 69°AQI 480$2,121 / mo28Mbps
Bali is amazing, but Canggu isn't really that great -- actually there are SO MANY better places, like Uluwatu, Gili Islands or even Ubud that I can't understand the hype. As almost everyone said below, beaches are crappy, roads are terrible, sidewalks are non-existent and having a motorbike is a must. On the other side, food is great and cafes are pretty reasonable with all those incredible bowls. Anyway I wouldn't recommend it for more than a week.
⭐️ Score 💵 Cost 📡 Internet 😀 Fun 👮 Safety 🌧 Feels 37° 99° 30° 86°🥵AQI 450$1,342 / mo22Mbps
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
⭐️ Score 💵 Cost 📡 Internet 😀 Fun 👮 Safety 🌧 Feels 13° 55° 13° 55°AQI 280$3,007 / mo33Mbps
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
⭐️ Score 💵 Cost 📡 Internet 😀 Fun 👮 Safety 🌧 Feels 39° 102° 32° 90°🥵AQI 610$1,426 / mo27Mbps
Chiang Mai used to be N.1 for the digital nomad life. It is still great and you can find really cheap apartments (300-400$) and restaurants (2-3$ for a main). Wouldn't recommend staying there during the burning season. The best area is Nimman, but it's also the most expensive. You can stay in the old city that's very nice but that gets noisy during the weekend for the night markets. Last but not least, very safe city. All in all would go back in a heartbeat.
⭐️ Score 💵 Cost 📡 Internet 😀 Fun 👮 Safety 🌥 Feels 37° 99° 30° 85°🥵AQI 550$1,104 / mo18Mbps
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.
⭐️ Score 💵 Cost 📡 Internet 😀 Fun 👮 Safety 🌤 Feels 13° 55° 13° 55°AQI 210$4,241 / mo23Mbps
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
⭐️ Score 💵 Cost 📡 Internet 😀 Fun 👮 Safety 🌥 Feels 36° 97° 30° 87°🥵AQI 610$2,894 / mo87Mbps
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.
⭐️ Score 💵 Cost 📡 Internet 😀 Fun 👮 Safety 🌧 Feels 37° 99° 30° 87°🥵AQI 500$1,092 / mo19Mbps🌎 Regions collected (4 of 9)
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⭐️ Score 💵 Cost 📡 Internet 😀 Fun 👮 Safety 🌧 Feels 36° 96° 30° 85°AQI 548mo$1,065 / mo19Mbps
⭐️ Score 💵 Cost 📡 Internet 😀 Fun 👮 Safety 🌧 Feels 9° 48° 9° 48°AQI 493mo$1,394 / mo33Mbps
⭐️ Score 💵 Cost 📡 Internet 😀 Fun 👮 Safety 🌥 Feels 22° 72° 22° 72°AQI 6526d$1,174 / mo10Mbps
⭐️ Score 💵 Cost 📡 Internet 😀 Fun 👮 Safety 🌧 Feels 24° 75° 24° 75°AQI 4225d$1,088 / mo10Mbps
⭐️ Score 💵 Cost 📡 Internet 😀 Fun 👮 Safety 🌥 Feels 37° 99° 30° 87°🥵AQI 79😷4d$1,881 / mo11Mbps
⭐️ Score 💵 Cost 📡 Internet 😀 Fun 👮 Safety 🌥 Feels 32° 90° 30° 85°🥵AQI 76😷2d$3,205 / mo10Mbps🛬 Most visits
First time I was in KL was in 2015 as a backpacking student. I stayed for 2 weeks at an airbnb in Bangsar South and I loved it. Met up with Uni friends, made new friends and I really like the relaxed atmosphere, despite being in a huge city. Fast forward, 3 years later, I went by myself to KL for a 3 days stay on a visa run from Chiang Mai. I stayed in a hotel near Bukit Bintang. I actually really didn't like it - I think because I was by myself, in a fairly wild part of the city and got so us
⭐️ Score 💵 Cost 📡 Internet 😀 Fun 👮 Safety 🌤 Feels 38° 100° 30° 87°🥵AQI 582x$1,294 / mo25Mbps
We had some crazy situations with apartments scam - so please everyone be aware, that there are people pretending an RE agent. Always do a checkup of a realtor you are contacting. And the statement below that georgian people like to be 'dramatic'. Never experienced so much drama in my life, as from georgian landlords during 6 months of staying in Tbilisi ;) I disagree with one of the reviews that Tbilisi has no parks. Actually it's super ridiculous thing to say about Tbilisi! The city has plent
⭐️ Score 💵 Cost 📡 Internet 😀 Fun 👮 Safety 🌥 Feels 22° 72° 22° 72°AQI 671x$1,127 / mo15Mbps
⭐️ Score 💵 Cost 📡 Internet 😀 Fun 👮 Safety 🌥 Feels 32° 90° 30° 85°🥵AQI 76😷1x$3,205 / mo13Mbps
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.
⭐️ Score 💵 Cost 📡 Internet 😀 Fun 👮 Safety 🌥 Feels 39° 102° 32° 90°🥵AQI 541x$1,053 / mo11Mbps
My girlfriend and I lived in Belgrade for over a month and absolutely loved it! It has a bit of a raw feeling and the indoor smoking is something that's hard to get used to, but in general we felt welcomed with open arms with pretty much everyone we've been in contact with. We were particularly fond of the Dorcol region to stay, eat and live. The castle area is great for a walk on a sunny day. Also relevant in pandemic times: the food delivery is amazing (we mostly used Wolt).
⭐️ Score 💵 Cost 📡 Internet 😀 Fun 👮 Safety 🌧 Feels 9° 48° 9° 48°AQI 491x$1,655 / mo37Mbps
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.
⭐️ Score 💵 Cost 📡 Internet 😀 Fun 👮 Safety 🌧 Feels 14° 57° 14° 58°AQI 171x$1,101 / mo9Mbps🛌 Most time spent
First time I was in KL was in 2015 as a backpacking student. I stayed for 2 weeks at an airbnb in Bangsar South and I loved it. Met up with Uni friends, made new friends and I really like the relaxed atmosphere, despite being in a huge city. Fast forward, 3 years later, I went by myself to KL for a 3 days stay on a visa run from Chiang Mai. I stayed in a hotel near Bukit Bintang. I actually really didn't like it - I think because I was by myself, in a fairly wild part of the city and got so us
⭐️ Score 💵 Cost 📡 Internet 😀 Fun 👮 Safety 🌤 Feels 38° 100° 30° 87°🥵AQI 588mo$1,294 / mo25MbpsMy girlfriend and I lived in Belgrade for over a month and absolutely loved it! It has a bit of a raw feeling and the indoor smoking is something that's hard to get used to, but in general we felt welcomed with open arms with pretty much everyone we've been in contact with. We were particularly fond of the Dorcol region to stay, eat and live. The castle area is great for a walk on a sunny day. Also relevant in pandemic times: the food delivery is amazing (we mostly used Wolt).
⭐️ Score 💵 Cost 📡 Internet 😀 Fun 👮 Safety 🌧 Feels 9° 48° 9° 48°AQI 493mo$1,655 / mo37MbpsWe had some crazy situations with apartments scam - so please everyone be aware, that there are people pretending an RE agent. Always do a checkup of a realtor you are contacting. And the statement below that georgian people like to be 'dramatic'. Never experienced so much drama in my life, as from georgian landlords during 6 months of staying in Tbilisi ;) I disagree with one of the reviews that Tbilisi has no parks. Actually it's super ridiculous thing to say about Tbilisi! The city has plent
⭐️ Score 💵 Cost 📡 Internet 😀 Fun 👮 Safety 🌥 Feels 22° 72° 22° 72°AQI 6726d$1,127 / 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.
⭐️ Score 💵 Cost 📡 Internet 😀 Fun 👮 Safety 🌧 Feels 14° 57° 14° 58°AQI 1725d$1,101 / mo9MbpsA 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.
⭐️ Score 💵 Cost 📡 Internet 😀 Fun 👮 Safety 🌥 Feels 39° 102° 32° 90°🥵AQI 544d$1,053 / mo11Mbps⭐️ Score 💵 Cost 📡 Internet 😀 Fun 👮 Safety 🌥 Feels 32° 90° 30° 85°🥵AQI 76😷2d$3,205 / mo13Mbps🕺 People they cross paths with most
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