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How do you deal with “proof of address” for banking and investing and other random stuff?


by @eljaques | 5mo  | 6 comments

How do you guys deal with the dreaded “proof of address” for banking and investing and other random stuff?

I don’ have the option to have a family member do this for me, sadly (not wanting to use that country as residence for tax implications).

This has to be a pretty regular problem for most who aren’t doing the old timey “live in one place and pay bills there forever” thing. Suggestions? Services? Hacks? Workarounds?

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@steffen | 4mo

Revolut allows a 3 month working space rental too. They have details on the help page.

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@hoperto | 5mo

i’ve had the same problem (and still do have it in terms of banking itself) and solved it by asking someone to register a landline phone in my name by making the power of attorney through my country’s embassy and sending it by post to that person.
In terms of banking itself - just using cryptos and cashing it out according to the currently available options. if no bank account - still can do it through p2p exchange. This way no bank can mess up with your finances anyhow significantly.

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@eljaques | 5mo

That’s a good one, thanks for taking the time to share.

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@nickdonnelly | 5mo

I’m still tax resident in my home country, all my bank accounts are there too, I’ve lived in several other countries. Are you tax resident somewhere? Why not just bank there?

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@eljaques | 5mo

More complicated than that. Traveling to tax residency a pain, need banking and brokerage accounts in various places, tax reporting & liabilities, etc.

Have considered all the obvious “simple” ideas already like “just use relatives” or “just bank at home” - which aren’t options for me.

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@kaspernikolaj | 5mo

You can still use a relative for banking etc. Tax residency is more complicated. I am.currently in Taiwan but have bank accounts in the UK. That by itself doesn’t trigger UK tax residency.

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Read and participate in 13,949 discussions on Nomad List

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Introduce yourself — who are you, where are you and what do you do?

 

by @coffeeshopceo | 8h 8 hours ago | 671 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, where’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 they’re nonetheless insightful and no matter how much we hate them, we find ourselves asking others.

So let’s bring the dreaded backpacker questionnaire to NomadForum and introduce ourselves shall we?

**

  • what’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 don’t want to :smile:
But the more you share… The merrier!

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How to get SMS verifications for banks while traveling?

 

by @jackgopack | 20h 19 hours ago | 39 comments

Any suggestions for seamlessly receiving SMS Verifications from US financial institutions and other sites while traveling internationally continuously? Won’t keep my US Verizon account due to cost and currently plan to use local sims at each destination (T-Mobile and Project Fi are NOT an option as they terminate for continuous roaming). In summation, I won’t have a US mobile account.

Unless I’m missing something, which is very possible, this appears to be the single most complex issue I’ve encountered in my preparations, and one that no one addresses. I would greatly appreciate any possible solution that works 100% of the time. Can’t afford surprises in this regard. Many Thanks! Jack.

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How do you ensure that you have good WiFi for working whilst travelling e.g. in places like India?

 

in India by @davda1546 | 2d 1 day ago | 4 comments

We are hoping to travel later this year and we will be working remotely - how do you ensure you get good WiFi in places such as in India where the signal isn't always great? Do you have any tips on where to go/ what equipment you have to get?

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Do you prefer co-living spaces or hostels or Airbnbs?

 

by @davda1546 | 2d 1 day ago | 5 comments

We are hoping to become nomads soon and have booked an AirBnB in September in Goa for our first destination. We are considering what would be the best option for accommodation after that. We are trying to decide between co-living spaces, hostels, or Airbnbs.

What are your experiences of accommodation in terms of the following: reliable wifi, social aspect, pricing, cleanliness, cooking facilities?

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Can Americans with EU Passports Travel to EU during COVID-19?

 

in France by @fqlx | 3d 3 days ago | 1 comment

I'm a dual citizen of America and France with my resident based in the America. Can I travel to the EU using my French passport?

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How do you find people to meet whilst travelling?

 

by @davda1546 | 3d 3 days ago | 1 comment

We are going travelling but we won't know anyone out there, what's your best advice for meeting people and socialising abroad? We've thought about the obvious things like Meetup etc, is there anything else you can suggest from your experience?

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Best place in South East Asia to live for 6+ months per year


in Indonesia by @miklaskroager | 4d 4 days ago | 1 comment

We're looking for a country in South East Asia that can function as our base, mainly for tax purposes. Meaning it will have to be a place where we can stay for the 183 days required without too much hassle.

We've been looking at Thailand, but have heard that it's very hard to do visa runs etc., so what other can you recommend? Indonesia looked like a good option, but the income rate is a flat 20% and very high for the region.

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When will the Coronavirus travel restrictions from U.S. to Colombia be lifted?

 

in Colombia by @markm | 5d 5 days ago | 1 comment

I've heard travel to CO from USA is blocked until September. Any news on this and may this change anytime soon?

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Do you have banking & tax advice for UK citizens?


by @figoshow | 4yr 3 years ago | 2 comments

Hello, I’m sure this has been asked before but I
couldn’t find anything, I am from the UK I am trying to find the best way to do banking and finance whilst being a DN. primarily where i should FILE taxes, I’ve found a lot of threads about paying tax but not about filing. for example i am considering getting a German bank account. I won’t be living in Germany at all. do i need to file taxes there since I have a bank account there.

Admin edit: subject did not fall within forum guidelines

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

 

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

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

I’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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