@simonl

What’s the best place?
For residency I’m looking at Portugal and they have the NHR (non habitual resident) program which would exempt dividends from foreign income.
So all I’m really looking for is the best place to actually start the company.
Biggest factors are of course low taxes and ease of setting up the company plus a business bank account that enables me to receive payments through Stripe.

What I found so far:
Hong Kong
Corporate tax rate of 16.5% (8.25% for the first HK$2 million)
⊕/⊖ offshore income from outside HK is exempt from taxation but it’s not clear whether this can be done in the first year and prorated or if it’s only through filing the offshore exemption claim. This might take two years and requires not income from HK at all. More info on that would be great
⊖ seems very difficult to get a business bank account
⊖ necessary services and fees are roughly around €2000 / year
⊖ accounting requirements seem to be very strict
⊕ Doesn’t require local partner
⊕ Agencies available that seem to handle most of the work

Singapore
Corporate tax rate of 17% (0% on the first S$100k, 8.5% up to S$300k)
⊖ requires a local director. What are the implications of this?

Malta
Corporate tax rate of 35%
There is the “full imputation system” but I don’t really understand it.
"In most cases, the tax refund to the shareholder is 6/7 of the tax paid by the company on profits distributed as dividends. The tax refund rate may be different in the following cases: " This would result in an effective corporate tax of around 5%.
⊖ European customers would have to pay VAT and I’d have to deal with that

Cyprus
Corporate tax rate of 12.5% and there seem to be ways to lower this
⊖ European customers would have to pay VAT and I’d have to deal with that
⊖ requires staying in Cyprus for 2 months / year

I find it surprising how much research this requires and how much “it depends” information is out there when I’d assume that there are probably thousands of digital nomads who probably have very similar requirements.

Hello everyone,

I am a resident of Canada and I just found this site. I have been involved in cryptocurrency since 2011. I have been taking a bit of profits and paying capital gains taxes on my withdrawals for the 5 years. The problem is, 2018 is going to be a big for me because I have some investments that I expect to 10x in value. If I proceed with active trading the gains are getting to be so much that they are really going to cut into my bottom line.

I would like to incorporate offshore somewhere so I can trade in a company’s name and then pay myself a wage through that company that I can pay taxes on. What would be the best location to do so?

I have looked at Hong Kong because I am in the area fairly often (living in Phuket now) but it seems that there are a lot of hidden costs to the 0% tax rate according to this thread:

Would someone be able to offer advice or point to someone who can?

I am going to India for a few months and am planning on going to Kerala, Goa, Varanasi, Dharamshala, Rishikesh. What phone company has the best coverage and data speeds for those places, or India in general?
I also heard of people using a wifi stick to work remotely while traveling in areas where you may not be able to find a coffee shop, hotel, etc, with reliable wifi. What company sells the best one of those and where can you get it?
Thanks!

I am currently living in Medellin until February. I want to find some of people favorite spots for surfing and community. I have heard Nicaragua and Guatemala have many options.

Multiple one month or more stays in countries below the US (CA, SA, Caribbean as all?). Spanish isn’t a problem. Safety, internet, and surf are priorities. Ive heard good things about Panama and CR but they amount of gringos currently in these places is sort of a turn off (Im a gringo…but that is my preference). Budget is sub $1500/month.

Thank you for the suggestions!

Ryne

Anyone here use FlyOnward.com?

Seems legit but due to how the tickets are only good for 24/48 hours I want to make sure everything is on the up and up and I’m not stuck at the border.

Thanks for any guidance.

Hi Everyone! I trying to decide my next working base for 3/6 months in Africa, and my shortlist is Mocambique, South Africa and Namibia. What do you guys think/sugest?

Thanks

Hi all! My girlfriend and I would like to spend a month in Cape Town in August and are researching the safest neighborhoods to live in. We’d like to get an Airbnb but we’re curious if anyone has any advice on where we should be looking? We’ve read a lot about Cape Town in our research, both good and bad. Any tips from people who have experience living in the city beyond a weekend resort stay would be great!

Hey all!

I’ve been seeing a lot of budgeting questions floating around lately (not just here, but other nomad forums), so I thought it might be useful to start a thread where anyone who is sharing their nomadic budgets can drop a link (or the budget itself).

I know Betsy and Warren of Married with Luggage share theirs here: http://www.rtwexpenses.com/

My friend Ali isn’t full-time on the road, but she shares real budgets for her trips: http://www.aliadventures.com/category/real-travel-budgets/

Anyone else out there sharing budgets for nomadic life? Please share your links below!

Hi there,

I see that the large majority of the questions on this forum are coming from business people, and I was wondering if some of you are working on not-for-profit projects, on initiatives that aim at solving social or environmental issues?

Thanks!

Thomas

mod edit: removed signature. No self promotion allowed.

Hi all,

For Jan through March I’m looking for a place that as a) friendly people, b) warm climate, c) surfing, and d) reliable internet (either in cafes or a coworking space).

So far, this is my short list:

• Canggu, Bali (already was there last year, but too busy with work then)
• Phillippines (I don’t know where yet, but I’ve read Baler might be nice)
• Mexico (but haven’t yet researched)
• Nicaragua (but haven’t yet researched)

If anyone has some good info on this, please share! : )

I’m an introvert: people distract and exhaust me, and my ideal working environment would be an empty room and silence. Next best is what I have whenever I’m in my own environment: the space is never empty, but it’s usually silent save for ambient noise. Working from public space involves dealing with noise levels that are, for me, entirely counterproductive. Right now I’m in a hotel lounge and was settling in to focus on a magazine layout job when all of a sudden they switched the music to something loud, upbeat and with lyrics. I put my earplugs in immediately, but I can still hear that crap, and my concentration’s shot. What do you all do to manage noise when working from public space, or what are your workarounds?

In my case right now, I’m here because I need several hours of electricity, not just the two hours max I could get at my off-grid location. My noise workaround is to come to town and recharge my laptop, then go back to the country to work, but for long amounts of time, that’s not an option for me (yet — but I’m working on it).

Hi,
I’d like to have an idea about the costs of yoga classes in Ko Phangan. I’ve checked a few yoga studios websites, but can’t find much info…
What’s a drop in class price and what e.g. a month membership. I’m interested in particular in the area around Beachhub.

Thanks!