Are there any taxes in HK?

Hi everyone,

I would love to hear what you'd like me to build next on Nomad List, or any other product/feature feedback ideas you have.

It's been 6+ years now but I'm in this for the long term and with the boost remote work got last year it's even more exciting to work on Nomad List than ever.

Current roadmap is here: twitter.com/levelsio/status/1363204985488572417?s=20 and pbs.twimg.com/media/EusS9PKXEAUR8xp?format=jpg&name=4096x4096

The next products/features I have planned:

- 🛂 Rebase: visa, residency and immigration services for remote workers

- 🎓Courses: learn the steps how to go remote and travel/relocate

- 🏛 Gov liaison: diplomacy services to the governments to help us lobby for nomads and for them to attract remote workers

Thanks a lot!

What are the best places right now in the Caribbean/LatAM? (Also cheapest flights/accommodation?) Asking from the US.

As part of signing up for this website I was hoping I would come across a list of Visa and/or Residency requirements by country ideally in a table format to assist with decision making. Does anybody recommend any other websites that might present the information in this format (or Google Spreadsheet)?

I love living in walkable areas of town. I can always find them. But now I'm wondering where in the world are the most walkable places? I'm imagining walk streets (no cars), zoning allowing both business and residential, parks or beaches ,etc.

Hi guys,

After the Netherlands, the Bay Area, Colorado and being on the van life for 8 months, I am now in Sedona, AZ with a few other digital nomads. We are sharing a home here and are wondering if there are more like minded people in the area.

We do a bunch of hikes and campouts in the northern of Arizona. If you would like to connect with us, please do so :)

Val

Has anyone figured out a way to get setup with a virtual number and internet connection anywhere you go?

Hi everybody. I live and work in Germany and want to go to Canary Islands for 6 months to work from there. I'm going to keep my current job, just change the "home" in the home office part of things. Are there any tax issues I have to be aware of? I was reading about becoming a residence after 183 days, thus having to pay taxes there plus my employer having to register there. Does anybody know how it works exactly? Thanks a lot!

Can anyone recommend a good accommodation website for Chiang Mai?

Winter is coming and I’m feeling the ache of travelling after being stuck in the same place since the Pandemic started. Wondering if anyone is travelling right now? If so, where are you currently located and how is the situation where you are?

Hi all,

I am moving to Amsterdam in January and looking for advice regarding legal status.

I work for a small French company. They agreed to let me move to Amsterdam as a remote worker starting January.

However, they have no business entity and no employee in the Netherlands, so we have no idea how to set up the whole thing legally speaking. Should I remain an employee of the French entity, should I charge them as a consultant/contractor?

Of course, I am looking for a solution that is both simple and with minimum taxes

Thank you for your help!!
Steph

PS: If you can recommend a good accountant that is competent on the topic, I an happy to pay for the service too!

Hi, I know there are a few posts around this topic but none of them quite answer my questions.

I am British and currently a resident in the UK.
Next year I am going to become a non-resident and spend over a year traveling mostly around Europe, moving every few weeks never staying anywhere longer than a month. (My first venture into becoming a digital nomad!)

I am remote, self employed, software developer working mostly for one client based in the UK.

Where am I liable to pay taxes?
From what I have read I will not be liable to pay taxes in UK, can anyone confirm this?
If not the UK then where if I am moving every few weeks?
If possible I want to avoid starting a company as this seems unnecessarily complicated for my work setup.

Thank you in advance for any help

Here’s a question (actually a bunch of related questions) that’s been a bit of a thorn in my side lately. I’ve already combed this forum as well as several others but would love some more insight from more knowledgable people.

So, here goes…

Background: I’m a perpetual traveler and haven’t stayed in a single country longer than 6 months for around 5 years now. I’m a non-US person so no IRS worries but my country of citizenship (Korea) has a residential tax system and since I haven’t claimed residency anywhere else, it seems possible for my government to claim me as a tax citizen.

Which brings me to my first question: At what point does forming a solid business structure to cover your taxable a** become worth the hassle? $100K/year? At $200K/year? I sort of feel like most governments wouldn’t bother with this because it’s relatively “small fish” - thoughts?

And that brings me to another question: If I’m not needlessly spending time worrying and I should finally pull the trigger and set something up that makes me more “legit” - even if it requires paperwork - what’s my best option? Here’s what I’ve come up with:

Set up an offshore company - I’m leaning toward RAK Offshore since it seems to have no paperwork requirements and has no taxes - and use that to hold and re-invest the income I receive while paying myself a nominal amount every month, like $3,000, which I then file Korean (income) taxes for. This makes sense in my head since that’s roughly the amount I spend every month anyway but would this qualify as tax evasion?

Last question: for all of you who are perpetual travelers and aren’t filing tax returns with your country of citizenship/last tax residency - what are you doing in terms of investing the money you’ve saved? From what I’ve read, banks will report accounts that hold over a certain amount to the country of the account holder and online brokerage accounts seem to be the same.
Oh, and is the money accrued (without being reported tax-wise) considered black money?!

Okay, I’m done for now. Apologies for writing a book - I’m not so learned on this topic. Would appreciate any insights. Thanks in advance!

My girlfriend and I are Canadian residents that make a full-time income online, though affiliate commissions and ad revenue. As of right now, we have bank accounts in the US and most income is earned in USD.

The thing is that our income taxes are quickly rising to the point that it’s absurd and would be well worth the time and money spent to reduce them somehow.

Can anyone comment on our options here?

We’ve considered moving around and not staying in any one country long enough to owe taxes anywhere, but that seems very difficult as a Canadian resident:

Reading up on the stipulations for being a “resident for tax purposes” in Canada, they basically want you to sell all of your belongings and cut ties with your family in order to not be a taxed resident. Is this true?

Another option we’re interested in is incorporating in an offshore country that has low or zero corporation taxes. Does anyone have any suggestions here?

I’ve been looking into setting up a Canadian corporation, but the corporation tax is still upwards of 15%, plus you’re taxed on what you take out of the corporation.

If anyone here has knowledge about any of this I’d love to hear your advice.

Hi there!

I realise this isn’t the right way of asking for legal advice, but I’d appreciate some initial loose pointers on where to go and what to do.

I’m currently working for a company which is UK-based (full-time contract), where I’m paying my taxes, own bank accounts, and so on. However, being a remote worker, I’ve been working from Berlin this year and for personal reasons, I really don’t want to move back to the UK.

So, being aware that I would need to spend at least 90 days in the UK if I want to continue to legally work, what are my options to avoid this entirely?

• Should I register as freelancer in Germany and have my company employ me as a freelancer? Would this exempt me from the 90 days rule? If so, what would happen to my pension scheme in the UK?

• Should, if it’s possible at all, still be employed by this company (non-freelance) but pay my taxes in Germany instead of the UK? Again, is this wise and would it exempt me from the 90 days in the UK rule? (the company has no German affiliate)

Funny enough, I can’t find an available accountant in Berlin to ask all of these questions, hence why I’m hoping some of you wise folks would point me in some direction

Thank you!

I have an LLC formed in Portland, Oregon. I am the only member and do not ever plan on adding more members. Should I elect to have my LLC treated as an S-Corp for my taxes? I am a US citizen living in Europe but I do not qualify for the foreign income exclusion yet. Can anyone give advice that has made this election? I know that as an S-Corp I can pay myself a reasonable salary based on the company’s income and then pay the rest to myself in dividends that are exempt from certain taxes.

If I chose to pay myself 70% of the company’s income as my salary am I required to pay myself the other 30% in dividends or can I leave that 30% in the company’s coffers for legal fees, large chargebacks, and the like? Thank you for reading and with any help provided.

I am a US citizen working for a US company living abroad. I plan to qualify for the foreign income exclusion this year and I’m wondering if it would be ok to adjust my taxes now so I have less withheld and get paid more now. I could use an extra $1200 cash a month instead of paying it to taxes and having to wait to get it back next year. Does anyone else do this? Thanks!

I have the opportunity to move away from the UK (working online), but I’m wondering what’s the best way to manage my taxes?

Should I set up a limited company in the UK (which I could claim back taxes)? My company is quite small, so I’m guessing the 10k per year limit for income tax might work for me. If so, would I need to spend a certain amount of time in the UK per year?

Or, would it be better to become a nomad and not be taxed at all. Although I’m wondering about what will happen to my UK pension/NHS benefits etc? Will I be able to come back to the UK whenever I want and continue to benefit from these (will I just pick up where I left off)? If I go down this route will I need a hongkong bank account and company registered in panama (or somewhere?). Would I need to become resident in one of these countries in order to obtain these things?

Cheers