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2019-12
2021-01

@nomadcapitalist

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Nomad Capitalist helps HNWIs, entrepreneurs, and investors plan and execute offshore tax strategies, dual citizenship, and overseas investments
7

trips

29,942

km

3%

of the world

6

countries

6

cities



Near people All people202120202019
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 6 Jan25d31 Jan31 Jan
6 Jan

Bogota

16ยฐC
Colombia
2020
 7 Oct '203mo5 Jan5 Jan
7 Oct '20

Belgrade

23ยฐC
Serbia
 
 17 Mar '207mo6 Oct '206 Oct '20
17 Mar '20

Kuala Lumpur

33ยฐC
Malaysia
 13 Mar '204d17 Mar '2017 Mar '20
13 Mar '20

Yangon

34ยฐC
Myanmar
 
 25 Jan '202mo12 Mar '2012 Mar '20
25 Jan '20

Kuala Lumpur

32ยฐC
Malaysia
 
 3 Jan '202d5 Jan '205 Jan '20
3 Jan '20

Dubai

25ยฐC
United Arab Emirates
2019
 29 Dec '1926d24 Jan '2024 Jan '20
29 Dec '19

Tbilisi

11ยฐC
Georgia

๐Ÿ—ฏ Forum topics

๐Ÿ‘
20
๐Ÿ‘Ž

What's one piece of technology that makes your life as a nomad easier?


by @nomadcapitalist |  | 7 comments

Any nomad-specific gadgets that youโ€™d get someone for Christmas or use to make your iife/location independent business more easy?

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20
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๐Ÿ—ฏ Forum replies

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3k
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How do you invest internationally as a nomad?


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? Iโ€™m a EU/Poland citizen, how would I transfer my money back and forth without incurring significant fees?

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3k
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Where should I register my company as a digital nomad? Singapore, Hong Kong?


in Singapore by @raphadk |  | 14 comments

Hey guys, hereโ€™s a question Iโ€™ve been asking nomads I meet everywhere, but still havenโ€™t found good information. My startups mostly focus on american and european markets but I donโ€™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 Iโ€™m at). The thing isโ€ฆ for low volume living expenses it seems fine, but as I scale the business, Iโ€™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 donโ€™t know if itโ€™s the best way to optimize thisโ€ฆ any ideas?

Also, could there be any problems in selling to these countries without a registered local company?

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6k
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What are good US-based banks for digital nomads?

 

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 Iโ€™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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3k
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21k
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What's the easiest way to become an EU resident as an American national?

 

by @andrew_f_shaker |  | 27 comments

Hello fellow Nomads!

Iโ€™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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21k
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959
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Any digital nomads w/ over $10k/m revenue?

 

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 funโ€ฆ I am not rich at all, but I hate โ€œbackpackerโ€ lifestyle and call myself a โ€œflashpackerโ€.

I used to live in Bangkok and I visit this city frequently. Now Iโ€™m in Saigon and going to Taipei in the end of Nov. Anyone wants to connect?

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959
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141
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Where should I incorporate my business as a digital nomad?


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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141
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1k
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How to best set up your taxes, residency and and business as a digital nomad?

 

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 donโ€™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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1k
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251
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How to optimize corporate taxation as a digital nomad company?

 

by @digital |  | 24 comments

Hi guys :smiley:

I manage a French limited company. My business partner and I are digital nomads. The company pays all companyโ€™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 :smile:

D.

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251
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2k
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Where should I travel to for a short term stay Baku, Azerbaijan or Tbilisi, Georgia?


in Tbilisi, Georgia by @jasonmwomack |  | 9 comments

Baku, Azerbaijan v.s. Tbilisi, Georgia
What are the pros and cons of both destinations for an new digital nomad ?

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2k
๐Ÿ‘Ž

๐ŸŒŽ Regions collected (4 of 9)

๐Ÿšฉ Flags collected (6 of 276)

๐ŸŒ Top countries

  • Malaysia

    โญ๏ธ Overall Score 
    ๐Ÿ’ต Cost ๐Ÿ˜™ Affordable
    ๐Ÿ“ก Internet ๐ŸŽ Fast
    ๐Ÿ˜€ Fun mediocre
    ๐Ÿ‘ฎ Safety mediocre
    Tap to open
    ๐ŸŒง Feels 36° 96° 30° 85°AQI 54
    8mo
    $1,065 / mo
    19Mbps
    ร—
  • Serbia

    โญ๏ธ Overall Score 
    ๐Ÿ’ต Cost ๐Ÿ˜™ Affordable
    ๐Ÿ“ก Internet ๐ŸŽ Fast
    ๐Ÿ˜€ Fun mediocre
    ๐Ÿ‘ฎ Safety mediocre
    Tap to open
    ๐ŸŒง Feels  48°  48°AQI 49
    3mo
    $1,394 / mo
    33Mbps
    ร—
  • Georgia

    โญ๏ธ Overall Score 
    ๐Ÿ’ต Cost ๐Ÿ˜™ Affordable
    ๐Ÿ“ก Internet ๐Ÿ™‚ Good
    ๐Ÿ˜€ Fun good
    ๐Ÿ‘ฎ Safety mediocre
    Tap to open
    ๐ŸŒฅ Feels 22° 72° 22° 72°AQI 65
    26d
    $1,174 / mo
    10Mbps
    ร—
  • Colombia

    โญ๏ธ Overall Score 
    ๐Ÿ’ต Cost ๐Ÿ˜™ Affordable
    ๐Ÿ“ก Internet ๐Ÿ™‚ Good
    ๐Ÿ˜€ Fun mediocre
    ๐Ÿ‘ฎ Safety very bad
    Tap to open
    ๐ŸŒง Feels 24° 75° 24° 75°AQI 42
    25d
    $1,088 / mo
    10Mbps
    ร—
  • Myanmar

    โญ๏ธ Overall Score 
    ๐Ÿ’ต Cost ๐Ÿ˜™ Affordable
    ๐Ÿ“ก Internet ๐ŸŽ Fast
    ๐Ÿ˜€ Fun bad
    ๐Ÿ‘ฎ Safety mediocre
    Tap to open
    ๐ŸŒฅ Feels 37° 99° 30° 87°๐ŸฅตAQI 79๐Ÿ˜ท
    4d
    $1,881 / mo
    11Mbps
    ร—
  • United Arab Emirates

    โญ๏ธ Overall Score 
    ๐Ÿ’ต Cost ๐Ÿง Pricey
    ๐Ÿ“ก Internet ๐Ÿ™‚ Good
    ๐Ÿ˜€ Fun mediocre
    ๐Ÿ‘ฎ Safety mediocre
    Tap to open
    ๐ŸŒฅ Feels 32° 90° 30° 85°๐ŸฅตAQI 76๐Ÿ˜ท
    2d
    $3,205 / mo
    10Mbps
    ร—
  • ๐Ÿ›ฌ Most visits

  • Kuala Lumpur

    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

    โญ๏ธ Overall Score 
    ๐Ÿ’ต Cost ๐Ÿ˜™ Affordable
    ๐Ÿ“ก Internet ๐ŸŽ Fast
    ๐Ÿ˜€ Fun mediocre
    ๐Ÿ‘ฎ Safety mediocre
    Tap to open
    ๐ŸŒค Feels 38° 100° 30° 87°๐ŸฅตAQI 58
    2x
    $1,294 / mo
    25Mbps
    ร—
  • Tbilisi

    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

    โญ๏ธ Overall Score 
    ๐Ÿ’ต Cost ๐Ÿ˜™ Affordable
    ๐Ÿ“ก Internet ๐ŸŽ Fast
    ๐Ÿ˜€ Fun good
    ๐Ÿ‘ฎ Safety mediocre
    Tap to open
    ๐ŸŒฅ Feels 22° 72° 22° 72°AQI 67
    1x
    $1,127 / mo
    15Mbps
    ร—
  • Dubai

    โญ๏ธ Overall Score 
    ๐Ÿ’ต Cost ๐Ÿง Pricey
    ๐Ÿ“ก Internet ๐ŸŽ Fast
    ๐Ÿ˜€ Fun mediocre
    ๐Ÿ‘ฎ Safety mediocre
    Tap to open
    ๐ŸŒฅ Feels 32° 90° 30° 85°๐ŸฅตAQI 76๐Ÿ˜ท
    1x
    $3,205 / mo
    13Mbps
    ร—
  • Yangon

    A very poor city, not comparable to any other in SEA (maybe Phnom Penh, in Cambodia). Not much to see and do, particularly I canโ€™t see any advantages to stay here, as Thailand, Indonesia and even Malaysia offer better option with higher quality for the same price.

    โญ๏ธ Overall Score 
    ๐Ÿ’ต Cost ๐Ÿ˜™ Affordable
    ๐Ÿ“ก Internet ๐ŸŽ Fast
    ๐Ÿ˜€ Fun great
    ๐Ÿ‘ฎ Safety mediocre
    Tap to open
    ๐ŸŒฅ Feels 39° 102° 32° 90°๐ŸฅตAQI 54
    1x
    $1,053 / mo
    11Mbps
    ร—
  • Belgrade

    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).

    โญ๏ธ Overall Score 
    ๐Ÿ’ต Cost ๐Ÿ˜™ Affordable
    ๐Ÿ“ก Internet ๐ŸŽ Fast
    ๐Ÿ˜€ Fun good
    ๐Ÿ‘ฎ Safety mediocre
    Tap to open
    ๐ŸŒง Feels  48°  48°AQI 49
    1x
    $1,655 / mo
    37Mbps
    ร—
  • Bogota

    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.

    โญ๏ธ Overall Score 
    ๐Ÿ’ต Cost ๐Ÿ˜™ Affordable
    ๐Ÿ“ก Internet ๐Ÿ™‚ Good
    ๐Ÿ˜€ Fun mediocre
    ๐Ÿ‘ฎ Safety very bad
    Tap to open
    ๐ŸŒง Feels 14° 57° 14° 58°AQI 17
    1x
    $1,101 / mo
    9Mbps
    ร—
  • ๐Ÿ›Œ Most time spent

  • Kuala Lumpur

    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

    โญ๏ธ Overall Score 
    ๐Ÿ’ต Cost ๐Ÿ˜™ Affordable
    ๐Ÿ“ก Internet ๐ŸŽ Fast
    ๐Ÿ˜€ Fun mediocre
    ๐Ÿ‘ฎ Safety mediocre
    Tap to open
    ๐ŸŒค Feels 38° 100° 30° 87°๐ŸฅตAQI 58
    8mo
    $1,294 / mo
    25Mbps
    ร—
  • Belgrade

    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).

    โญ๏ธ Overall Score 
    ๐Ÿ’ต Cost ๐Ÿ˜™ Affordable
    ๐Ÿ“ก Internet ๐ŸŽ Fast
    ๐Ÿ˜€ Fun good
    ๐Ÿ‘ฎ Safety mediocre
    Tap to open
    ๐ŸŒง Feels  48°  48°AQI 49
    3mo
    $1,655 / mo
    37Mbps
    ร—
  • Tbilisi

    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

    โญ๏ธ Overall Score 
    ๐Ÿ’ต Cost ๐Ÿ˜™ Affordable
    ๐Ÿ“ก Internet ๐ŸŽ Fast
    ๐Ÿ˜€ Fun good
    ๐Ÿ‘ฎ Safety mediocre
    Tap to open
    ๐ŸŒฅ Feels 22° 72° 22° 72°AQI 67
    26d
    $1,127 / mo
    15Mbps
    ร—
  • Bogota

    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.

    โญ๏ธ Overall Score 
    ๐Ÿ’ต Cost ๐Ÿ˜™ Affordable
    ๐Ÿ“ก Internet ๐Ÿ™‚ Good
    ๐Ÿ˜€ Fun mediocre
    ๐Ÿ‘ฎ Safety very bad
    Tap to open
    ๐ŸŒง Feels 14° 57° 14° 58°AQI 17
    25d
    $1,101 / mo
    9Mbps
    ร—
  • Yangon

    A very poor city, not comparable to any other in SEA (maybe Phnom Penh, in Cambodia). Not much to see and do, particularly I canโ€™t see any advantages to stay here, as Thailand, Indonesia and even Malaysia offer better option with higher quality for the same price.

    โญ๏ธ Overall Score 
    ๐Ÿ’ต Cost ๐Ÿ˜™ Affordable
    ๐Ÿ“ก Internet ๐ŸŽ Fast
    ๐Ÿ˜€ Fun great
    ๐Ÿ‘ฎ Safety mediocre
    Tap to open
    ๐ŸŒฅ Feels 39° 102° 32° 90°๐ŸฅตAQI 54
    4d
    $1,053 / mo
    11Mbps
    ร—
  • Dubai

    โญ๏ธ Overall Score 
    ๐Ÿ’ต Cost ๐Ÿง Pricey
    ๐Ÿ“ก Internet ๐ŸŽ Fast
    ๐Ÿ˜€ Fun mediocre
    ๐Ÿ‘ฎ Safety mediocre
    Tap to open
    ๐ŸŒฅ Feels 32° 90° 30° 85°๐ŸฅตAQI 76๐Ÿ˜ท
    2d
    $3,205 / mo
    13Mbps
    ร—
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