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Can you create a foreign company and hire yourself as an employee?


by @matthieudrula | 5yr  | 8 comments

Tricky or really dumb question ahah.
So โ€ฆ I know that you can create a company in order to get the nationality but you need to invest a lot (depending the country 20K$ +).
I also know that you can get a visa if a company hires you.
So can you go in a country (picking Colombia as an exemple), pay 100$ to create a company and hire yourself after?
Or can you ask somebody (a friend) to create a company and hire you in order to give you a visa.
Does this visa last until you quit your job or is it just temporary (6 months)?
If you already have a company (letโ€™s say you paid 20ยฃ for a UK company), can you just create a branch in a foreign country and give yourself a job there?

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@brad_medellin | 5yr

You canโ€™t create a company for $100 in Colombia it will cost you about $1000 with all government/legal fees but it will get you a visa renewable for 2 years. If you want help email me [email protected].

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@matthieudrula | 5yr

You could share your knowledge here so everybody can have access.

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@itinerantdev | 5yr

As everyone has said it varies from country to country. In Thailand for example I believe you canโ€™t start a business as a foreigner unless you hire 5 Thais and a bunch of other stuff like that.

Iโ€™m also pretty sure you couldnโ€™t do this in the UK, you have to show your passport to become a company director.

And also just because you have a company doesnโ€™t mean you have a visa personally, youโ€™d still have to go through a bunch of paper work and expense.

My instinct is that in 9/10 cases visa runs are much easier, if it was as easy this everyone would be doing it!

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@matthieudrula | 5yr

Itโ€™s the same as getting rich, some try and succeed, you have to master the game ;).

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@alih | 5yr

Iโ€™m pretty sure you can do that in Poland and I think in Slovakia too. But you need to pay for accounting, for insurances, taxes as the employer and taxes as the employee. The bottom figures ainโ€™t pretty.

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My understanding is that you can more or less do that in some countries. Belgium, for example. You still have to pay yourself a pretty decent salary and go through a rather stringent application process.

Others donโ€™t allow for such visas. I asked a couple of immigration consultants in New Zealand and as it turns out you are not allowed to โ€œself-sponsorโ€.

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@levelsio | 5yr

It really depends on which country. Every country has different rules.

In general, you can let your limited company hire yourself and pay yourself salary.

However, that doesnโ€™t mean youโ€™re not taxable on the entire profits of your foreign company in your own country. Many times you still are.

In terms of visa, it extremely depends on country again. Most developed countries will have closed this loophole. And most countries will ask for a substantial sum of investment (in your own company) to get a visa there. I think for U.S. itโ€™s $500,000 at least. Not sure.

IANAL.

So we really need to know whatโ€™s your end goal here. What are you trying to get from this?

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@matthieudrula | 5yr

Iโ€™m trying to see if there is a loophole to avoid this fee, get 1$ salary a month and be able to stay in the country until I want to move.
As you said it depends of the country, I was thinking about Colombia.
But I donโ€™t think that creating a thread โ€˜Loophole for free unlimited visaโ€™ is going to stay long on the forum :slight_smile: (legally speaking).

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How can I get a refund and cancel my membership?

 

by @rid123 | 2h 1 hour ago | 0 comments

When I go to support and click "refund and cancel membership" after only have used it for 4 days it takes me to the welcome page to fill out more information and won't let me cancel and get a refund. What did you do to get around this? I don't want it to be 7 days later and NomadList does not have an e-mail I can reach out to. Help!

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How do I set current location? I've looked everywhere for this option.

 

by @yousifyalda | 15h 14 hours ago | 5 comments

All I see is section to add trips, but I reside here. Home and all.

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How to get post abroad for UK Expats??

 

by @davda1546 | 3d 2 days ago | 0 comments

Hi guys, wonder if you can help. I'm from the UK, and my husband and I are looking to go across Europe this coming year.

What's the best solution you've found re having all your post sent to you? I've found a site online that will set up a street address in the UK for you and scan in post to your email address, just wondering if you've found any other ways?

We've set up paperless statements, which has helped but with things like mortgages, official docs etc - how have you got around it?

Thanks so much!

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What's the best thing to do with your phone/ your phone number when travelling?

 

in Poland by @davda1546 | 4d 3 days ago | 0 comments

Hey, hope everyone is well!

We're leaving in a month to go travelling. Our first destination is still to be confirmed, but will likely be Poland or Slovakia. We will be moving around every month or two to different destinations.

The question we have is: what do people do with phones/ phone numbers when hopping from country to country? Ideally we'd just like one number for the whole trip (even better, the number we already have) wherever we go, rather than getting new SIMs with different numbers.

This is just so it's easier to keep in contact with family/ clients/ etc.

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What are some nice French beach towns?


in France by @amin | 5d 4 days ago | 4 comments

I'm thinking to head over to France during the winter and I'm looking for recommendations on a good French town that has beach and is warm enough during the winter.

What are your favourites? Any recommendation is appreciated.

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Where do I get good legal advice/support to have a long-term stay?

 

in Lisbon, Portugal by @mzorrilla | 6d 6 days ago | 0 comments

Hello, everyone!

My idea is to stay as low as 6 months and as long as a year (maybe, who knows) over Lisbon after doing some analysis from many cities in Europe.

I'm an Argentinian and Chilean (both nationalities) so... no Euro-pass for me (getting my Italian nationality could take 2 years easily). I'm also a remote worker and I have a really good income (I work for a Silicon Valley company) so I can show more than enough resources to stay in the country.

Everything I see online doesn't inspire me much confidence (most sites looks a bit scammy) and this is not a "vacation stay"... I want to be clear my head far away from Argentina right now. If someone has a good website, recommendations, etc I will super appreciate.

Thanks in advance!

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What is the best online insurance for digital nomads ?


by @berberos | 9d 8 days ago | 4 comments

Hi guys ! hope you are doing well.

I would love to get your feedback regarding the best insurance for digital nomads. i'm traveling around Asia since 1 year and for next 4 or 5 years. Would love to buy an insurance to cover especially :

- health

- laptop, phone ...

- Flights

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Driving from Italy to Croatia..how to handle passport?


in Croatia by @ld | 16d 15 days ago | 3 comments

Hello, we are US citizens that have been able to stay in Italy past our standard visa stay due to covid. Now we must leave. We want to drive to Croatia as our โ€œout of EUโ€ stay. But Iโ€™m now wondering what considerations I need to take care of for my visa. I wonโ€™t go through an airport and get my passport stamped. But I assume I need to get my passport stamped as a way to prove Iโ€™m out of the EU.

Anyone else travel in and out of Schengen zone via car? Or know what I should do to properly handle the visa situation? I get unclear answers online. Hmm.

Appreciate your help!

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Introduce yourself โ€” who are you, where are you and what do you do?

 

by @coffeeshopceo | 20d 19 days ago | 672 comments

tl;dr: introduce yourself in this thread.

We must all get sick of the same backpacker travel questions when we meet new friends, I know I do.

You know the ones - where are you from, whereโ€™ve you been, where are you going, what do you do, how long have you been doing it - etc.

The novelty of answering these questions wears off after maybe a week, but theyโ€™re nonetheless insightful and no matter how much we hate them, we find ourselves asking others.

So letโ€™s bring the dreaded backpacker questionnaire to NomadForum and introduce ourselves shall we?

**

  • whatโ€™s your name?
  • where are you from?
  • how long have you been away from home?
  • what do you do?
  • where are you currently?
  • where are you going?
  • what has been memorable for you so far?
  • will you go home anytime soon?
  • what have you learnt during your time as a nomad?
  • [insert your own question here]

**

No need to answer them all if you donโ€™t want to :smile:
But the more you shareโ€ฆ The merrier!

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Best/quickest way from Italy to Croatia?


in Croatia by @ld | 22d 21 days ago | 3 comments

Hello,

We are in Umbria until August 31. We've been here since March, but crisis-level visa extensions are over. After that we have to leave the EU. We would like to stay out of the USA (our home) due to it's covid crisis, at the same time we want to be responsible about travel. Ideally we would not travel at all, rather stay hidden in the countryside of Umbria forever until covid is more under control globally, but here we are!

So we must leave the Schengen zone. We should avoid USA. We should avoid long air travel.

We were thinking Croatia.

Do you recommend a route to Croatia? We are open to long train rides. Ideally not long ferry rides. Is there a ferry route under 4 hours? I read about it...I don't see it. If not, the other option is to make our way north and up over to Croatia via train.

I'd appreciate your thoughts and insights!

Thanks.

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Do you "out" yourself as a digital nomad?


by @larsheather | 1yr 1 year ago | 2 comments

When you meet new people or reconnect with old friends, do you โ€œoutโ€ yourself as a digital nomad? The simple question โ€œwhere do you live?โ€ makes us uncertain now. We wonder if some places may be less welcoming to digital nomads, or if โ€œdigital nomadโ€ has a negative connotation in some places. If you are forthcoming from the start, does your status as a digital nomad make it hard to form friendships?

We would love to hear how other people navigate thisโ€ฆ how to balance being authentic in relationships vs. withholding the context (and allowing people to assume youโ€™re on vacation, for example).

Thanks!

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Foreigner owned Coworking business in Malaysia


in Malaysia by @newyam | 2yr 1 year ago | 0 comments

Heyo folks! The idea to open up an own coworking space in Malaysia has been on my mind for quite a while and I would like to reach out on foreigners being a business owner/co working space owner in Malaysia, there are a lot of questions that would follow up but most importantly is to reach out to someone with experience.

Ideally would be someone who runs a coworking space in Malaysia, second best would be to just come in touch with a foreign business owner in Malaysia.
Cheers
Yamin

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Anyone know good foreign currencies to hold?

 

by @worldtravel | 3yr 3 years ago | 22 comments

Iโ€™ve done a lot of research on foreign currencies and which are good to holdโ€ฆ its pretty complicated. it seems obvious, swiss franc, hong kong dollarโ€ฆ but when you look at if you want to open a swiss bank account they require a very high minimum balance, can charge you just to hold swiss francs, etcโ€ฆ anyone have a deep understanding of this stuff?

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How much is scooter hire in Ubud?


in Ubud, Indonesia by @jameswander | 3yr 3 years ago | 3 comments

Hi,

How much should I expect to pay for scooter hire in Ubud?

Thanks,
James

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Has anyone got a mortgage in a foreign country, as self-employed nomad?


by @davidmumfordmusic | 4yr 3 years ago | 3 comments

Have any of you nomads been approved for a mortgage in a foreign country?

I am a UK citizen, and now that I work online Iโ€™m interested in maybe buying a property somewhere else in Europe. I donโ€™t particularly want to live in the UK, and house prices are ridiculous here anyway. I would much rather buy a little apartment in one of any number of European cities; just somewhere to have as a base in between travelling.

Has anyone ever done such a thing? How did the process work? Which country did you buy property in and how straight-forward was the process?

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Health Insurance with a preexisting condition: how do you insure yourself?


by @dpt | 4yr 3 years ago | 0 comments

Iโ€™m wondering how Digital Nomads with pre-existing conditions insure themselves.

Iโ€™m German and most of the German DNs I know keep their primary residence in Germany and go with private health insurance (~150-250โ‚ฌ/month) + travel insurance (<50โ‚ฌ/month). Sadly thatโ€™s not possible for people with pre-existing conditions; those (at least in Germany) are required to voluntarily insure themselves with the governmental healthcare providers at 15.7% of pretax revenue (min. ~350/month, max. ~850โ‚ฌ/month).
Probably most other European states work in similar fashion?

The last few years I have gotten along by tricking a little (staying registered as a student), but Iโ€™m soon hitting the age limit where thatโ€™s not possible anymore and am now looking at either incorporating and paying myself a fixed salary or getting a residency in another European country with a (for self-employed people) more accessible public health system (my main focus is on Portugalโ€™s NHR regime).

Does anyone else here have/had a similar problem? I wonder how others have solved this issue.

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Any experiencie airmailing your stuff to yourself when moving from one place to another?


by @chelocoach | 4yr 3 years ago | 5 comments

Hi there!

Iโ€™m going Nomad in about 3 months. Mainly Iโ€™ll stay in some places for at least 1 month, but Iโ€™m planning some backpacking trips in between movings. So Iโ€™m planning to travel carry-on only on this trips. But I also would like to carry with me some non-indispensable stuff that helps me to keep up with my lifestyle and work on the places where Iโ€™ll stay for a longer period. For example a blender, coffee and an Aeropress to prepare my bulleproof coffee. Also my guitar, some camera gear, a good quality screen to work, etcโ€ฆ

Except for the guitar, everything fits into a medium size luggage.

I know I can check in this stuff when moving. But if Iโ€™m going to backpack I donโ€™t want to carry this stuff around.

  • Is airmailing this stuff to myself a good option?
  • Any experience on this?

Iโ€™m a newby on this lifestyle so any advice is welcome :slight_smile: . Many thanks!

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Do foreign contractors get treated any differently tax-wise?


by @lightmotif | 4yr 4 years ago | 5 comments

Iโ€™m an American who has been a sole proprietor (freelancer) for a long time. Iโ€™ve occasionally hired American subcontractors, who I send 1099s in January. What do I need to consider tax-wise or in any other way financially if I want to hire a subcontractor from abroad?

Iโ€™m also interested in knowing more about any roadblocks potential clients from other countries would have in contracting to me. I havenโ€™t done business across borders yet. Thanks.

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How can you avoid foreign banking, ATM, and transaction fees?

 

by @danielgenser | 4yr 4 years ago | 52 comments

Whatโ€™s the latest on how to avoid ATM/bank/foreign transaction fees? How do you keep track of money spent when youโ€™re never quite sure of the exact exchange rate? I normally use YNAB to keep on top of my budget here at home, but Iโ€™m dreading keeping tabs on all the minute foreign transaction adjustments abroadโ€ฆ

Iโ€™m looking at this to check out some of the banking options: http://thepointsguy.com/2014/02/the-top-11-checking-accounts-for-avoiding-foreign-atm-fees/

Have you used any of these?

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What is the best mobile carrier for a foreigner in USA?


by @wcitizen | 5yr 4 years ago | 4 comments

Hi DN community! Iโ€™m going to spend 4 month in US and wondering if somebody can recommend me cheap, but reliable=), mobile operator. Requirements:

  • simcard should be suitable for my unlocked iPhone
  • minor usage of texting and callings
  • minor usage of internet data, but with 4G support
    Hope this makes sense. Happy to add more specific info, if needed.

Cheers!

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