โœ‹
Sorry, your browser does not support the technologies needed to use our web interface.

Please make sure you have the latest version, and that JavaScript is enabled.
Remote Jobs  Remote Insurance Chat Forum Meetups New FAQ Dating Members Hire Remotely 
  Homepageโš™๏ธ  Settings๐ŸŒ—  Toggle dark mode โค๏ธ  Your saved places
๐Ÿœ  Explore๐Ÿก  Cities๐Ÿ‡ณ๐Ÿ‡ฑ  Countries๐ŸŒ  Continents๐ŸŽซ  Community๐Ÿธ  Meetups๐Ÿ‘‹  Dating๐Ÿ’ฌ Chat ๐Ÿ—ฏ  Forum๐Ÿ’  FAQ New๐Ÿ”“  Open Startup
๐Ÿ“ธ  Vote on photos๐Ÿ”ฎ  Show random place๐Ÿ’ธ  FIRE calculator๐Ÿ”Œ  Bali sea cable status๐ŸŒด  Canggu shortcut cam๐ŸŒค  Climate finder๐Ÿ“Š  Fastest growing New๐Ÿก  Real estate overseasโ›„๏ธ Escape the winter๐Ÿฆ  COVID-19 data๐Ÿ“ฃ  Advertise
๐Ÿ›ฐ  Remote jobs๐Ÿ‘ฉโ€๐Ÿ’ป  Remote workers Newโœˆ๏ธ  Airlines New๐Ÿ—บ  Neighborhoods๐Ÿ  Coworkations๐Ÿฌ  Coworking spaces๐Ÿ”–  Incorporate๐Ÿš‘  Nomad Insurance
Title
Be specific and imagine youโ€™re asking a question to another person. You can also post non-question posts of general interest

Body
Include all the information someone would need to answer your question or reply to your post
Ask a question
Cancel

You won't be notified by email when a reply is posted, to change your notification settings. Posts must follow the Community Guidelines: No ads, self promotion, commercial posts, surveys etc. For customer support questions, don't post here but use the feedback box in the bottom right of this page instead.

๐Ÿ‘
2k
๐Ÿ‘Ž

What's the best bank account for a global nomad?

 

by @barrybjjoubert | 5yr  | 25 comments

Dear all
As a wanna be nomad figuring out a way to get free of the rat race, I was wondering what is the best bank account to have while travelling the globe? I need an account where is easy for me to receive payments from all over the world and it also need to be a bank that I can find almost anywhere in the world. I want to avoid carry cash on me if itโ€™s possible.

๐Ÿ‘
2k
๐Ÿ‘Ž
๐Ÿ‘
0
๐Ÿ‘Ž
@seifip | 1yr

Depending on how much money youโ€™re talking, a good option can be Bank of Georgia SOLO + TBC Status accounts in Georgia.

You can open a bank account with just a passport, qualify for personal banking with a much smaller deposit than in most countries, and get an Amex Platinum, free withdrawals around the world, etc. + access to term deposit options with very favourable interest rates.

๐Ÿ‘
0
๐Ÿ‘Ž
๐Ÿ‘
2
๐Ÿ‘Ž
@joshstraw | 1yr

If you are doing business in multiple countries, then you need Transferwise borderless bank account. Itโ€™s the boss and having run the numbers, it comes up trumps.

I did an explainer video on youtube, just add this to the end of the YouTube URL. I promise itโ€™s not spam just good advice /watch?v=urqtltmxiVw&t=108s

๐Ÿ‘
2
๐Ÿ‘Ž
๐Ÿ‘
2
๐Ÿ‘Ž
@kyleschutter | 1yr

Get Charles Schwab checking account. They refund all your ATM fees. Full stop.

๐Ÿ‘
2
๐Ÿ‘Ž
๐Ÿ‘
12
๐Ÿ‘Ž
@nomadicme | 4yr

I used https://www.xoom.com/ to transfer money to myself when I arrive at certain countries. I did this before paypal bought them though so not sure how they work now. Worth a look though - worked fantastic when I visited Argentina a few years ago.

๐Ÿ‘
12
๐Ÿ‘Ž
๐Ÿ‘
6
๐Ÿ‘Ž
@busdriver | 4yr

@thomas : Did you check yourself?
I often hear โ€œgood exchange ratesโ€ but if you try those โ€œgoodโ€ exchange rates are usually 2-3% worse than the interbank rateโ€ฆ

๐Ÿ‘
6
๐Ÿ‘Ž
๐Ÿ‘
9
๐Ÿ‘Ž
@tkrunning | 4yr

Yes, Iโ€™m using N26 actively myself. They follow Mastercardโ€™s rates, which you can find here: https://www.mastercard.com/global/currencyconversion/

Exact markup compared to interbank varies a bit per currency pair, you can check the spread yourself on the page above. But from my experience, any bank that says 1% currency conversion fee really means 1% in addition to the MC or Visa rates, not the interbank rateโ€ฆ

An example:
These are MCโ€™s rates for yesterday:
1 USD in EUR = 0.887705
1 EUR in USD = 1.126200

At these rates you can start with 100 EUR, change them to USD and back and end up with
100 EUR * 1.126200 * 0.887705 = <13>99.9733371 EUR

That means thereโ€™s a currency markup of only 0.01333145% per transaction. Not bad.

And Iโ€™ve personally tested that both N26 and Schwab actually give the rates they claim.

๐Ÿ‘
9
๐Ÿ‘Ž
๐Ÿ‘
7
๐Ÿ‘Ž
@busdriver | 4yr

Yes, that is indeed not too bad.
If I am withdrawing from my HK HSBC card at a foreign ATM, I would usually have a difference of some 2% - same with Citibank HK.
I just received a Revolut card (a MasterCard). They claim to charge no fee / markup on most currencies. Well, we will see โ€ฆ

๐Ÿ‘
7
๐Ÿ‘Ž
๐Ÿ‘
5
๐Ÿ‘Ž
@poppyjikko | 4yr

@theArtivistEU you can send me a referal code :slight_smile:

๐Ÿ‘
5
๐Ÿ‘Ž
๐Ÿ‘
3
๐Ÿ‘Ž
@theartivisteu | 4yr

Of course! Send me your email in PM please :slight_smile:

๐Ÿ‘
3
๐Ÿ‘Ž
๐Ÿ‘
3
๐Ÿ‘Ž
@poppyjikko | 4yr

Sorry I canโ€™t because of some forum setup, hence the public proposal :smiley: you PM me :wink:

๐Ÿ‘
3
๐Ÿ‘Ž
๐Ÿ‘
11
๐Ÿ‘Ž
@reboramuriel | 4yr

Hello everyone

I am from Buenos Aires, up until recent it was not possible to own dollars here unless the government gave you permission to. I managed to workaround all the issues this brought to me by using Payoneer. What do you think of it? I am very happy with the service and support service. I have received payment from market sites like freelancer.com and guru.com airbnb.com but also companies and individuals all around the globe. The debit card has worked everywhere I tried it, Europe, Ecuador, Brazil, Uruguay both for ATM withdrawals and payment method. Also online. The rates seem reasonable, but maybe Iโ€™m easy to please because banks are the enemy here at home and I donโ€™t know what else is out there. Do you know it? What do you think of it?

๐Ÿ‘
11
๐Ÿ‘Ž
๐Ÿ‘
10
๐Ÿ‘Ž
@poppyjikko | 5yr

In France Monabanque is not bad. Iโ€™m looking for alternative and waits for availability (and prices !) of Ipagoo.

๐Ÿ‘
10
๐Ÿ‘Ž
๐Ÿ‘
11
๐Ÿ‘Ž
@manu | 5yr

For German-speaking nomads, I recommend DKB and Number26. Both have no ATM fees.

๐Ÿ‘
11
๐Ÿ‘Ž
๐Ÿ‘
4
๐Ÿ‘Ž
@busdriver | 4yr

@manu: DKB and Number26 might be an option for EUR.
Did you check the exchange rate?
Citibank for example does not charge an ATM fee if you use their ATM overseas but their exchange rate is not that great.
With an ATM fee only being ยฃ/โ‚ฌ/$ 1 or 2 the exchange rate is actually more important

๐Ÿ‘
4
๐Ÿ‘Ž
๐Ÿ‘
16
๐Ÿ‘Ž
@tkrunning | 4yr

They use Visaโ€™s and MasterCardโ€™s exchange rates (respectively) with no markup.

๐Ÿ‘
16
๐Ÿ‘Ž
๐Ÿ‘
12
๐Ÿ‘Ž
@travelmore | 5yr

If you set up a foreign bank account, you can use TransferWise to move money between your accounts for .05% fee. Way better than most forex fees of 3%.

๐Ÿ‘
12
๐Ÿ‘Ž
๐Ÿ‘
22
๐Ÿ‘Ž
@freedomsurfer | 5yr

As you are South African, you should check out Standard Bank in the Isle of Man.

http://international.standardbank.com/

๐Ÿ‘
22
๐Ÿ‘Ž
๐Ÿ‘
27
๐Ÿ‘Ž
@barrybjjoubert | 5yr

Hi guys thank you so much for all the replies, I really appreciate your help.

Iโ€™ve been doing a lot of research and Iโ€™ve pinned it down to two different accounts they need to get.

Orbit visa credit card
Multi currency cash passport

Hopefully both of these will work fine with direct deposits and paypal

Iโ€™m just nervous so please advise

๐Ÿ‘
27
๐Ÿ‘Ž
๐Ÿ‘
16
๐Ÿ‘Ž

Iโ€™ll be on holiday basically (travelling as a tourist with my family), all my customers will pay to the same bank account in my home country as they always do. Ivโ€™e got to a point where I donโ€™t have to work hard to keep business going (recurring revenue). The point would be to get local cash without the 3% โ€œconvenienceโ€ fees + exchange fees + atm fees.

I found a local bank with an extremely low fee option for international withdrawals but once again its hyper restricted and illegal to use the card overseas under certain circumstances (including not having a return air ticket).

I would rather deal with the Thai restrictions then the local ones, whatever cruel laws other countries can think of, the South African government can and will โ€œimproveโ€.

We actually pushed our trip forward 6 months before the โ€œtravelling with childrenโ€ law comes into affect on June 1 since they are taking too long to process documents, so 4 hours after I leave I am not allowed to ever return until I find an embassy that can print an unabridged birth certificate.

South Africa is fantastic and beautiful if your visiting, but as a local (who pays tax) itโ€™s like waking up to a punch in the face everyday. We are now forced to pay VAT on international purchases and if you touch an online casino or lottery you go to jail for 10 years. Itโ€™s also illegal to spend more than $80k a year abroad, so if your doing well you need alternate banking options.

๐Ÿ‘
16
๐Ÿ‘Ž
๐Ÿ‘
14
๐Ÿ‘Ž

I have looked into as many banks as I can think of online and none express any interest in banking a South African. Technically if you receive and spend money without first converting it to ZAR (and loosing a bunch of it) and then converting it back (and loosing a bunch of it) you are committing a crime. Paypal frequently remind me Iโ€™m breaking the law, even if I receive $5 then spend it on fiverr. You are actually required to convert the money to ZAR in 30 days or return it to the sender, and you are not legally allowed to spend a cent.

With that in mind it means you can do whatever you want, since your always breaking the law or loosing almost 10% of everything. I am going to just walk in to some banks in Thailand and try my luck, if it fails itโ€™s possible to setup an offshore corporation in Delaware (or similar) and receive a bank account that way. Something Iโ€™ve considered just to accept credit card payments online.

๐Ÿ‘
14
๐Ÿ‘Ž
๐Ÿ‘
22
๐Ÿ‘Ž
@jonmyers | 5yr

Your nationality makes a big difference.

For Americans, Charles Schwab is probably one of the better ones.

Reimbursement for foreign exchange fees, etc.,

Not sure for other nationalities.

However, what exactly do you mean when you say โ€œreceive paymentsโ€ there?

Iโ€™m assuming youโ€™re implying more than just wires, and thus, implying you need a merchant account.

In that case, you might be talking about more structure needed (billing companies you incorporate, etcโ€ฆ) - again, depends on jurisdiction and nationality.

๐Ÿ‘
22
๐Ÿ‘Ž
๐Ÿ‘
16
๐Ÿ‘Ž
@nickdanforth | 5yr

HSBC immediately comes to mind.

๐Ÿ‘
16
๐Ÿ‘Ž
๐Ÿ‘
15
๐Ÿ‘Ž
@barrybjjoubert | 5yr

Thank you for your reply Mandy

Iโ€™m currently based in South Africa, but if all my plans work out I will be traveling all over the world. So I need to start thinking about opening a bank account that will facilitate that. Do I go offshore? Do I go american express? I donโ€™t know any advice please.

๐Ÿ‘
15
๐Ÿ‘Ž
๐Ÿ‘
10
๐Ÿ‘Ž
@skyler | 5yr

Hi @BarryBJJoubert, my better half uses Sable FX for her transfers from SA to Europe. Their customer service is slow but good, and they charge good forex rates in addition to handling the capital controls documentation with the central bank. All SA banks suck when it comes to nomads, and thereโ€™s little hope of improvement. Keep expectations low.

Weโ€™ve also heard HSBC sucks too for Saffers, despite their branding, though havenโ€™t tried it.

๐Ÿ‘
10
๐Ÿ‘Ž
๐Ÿ‘
13
๐Ÿ‘Ž
@wanderingdev | 5yr

it would help if you tell us where you are from as each country has different rules about banking.

๐Ÿ‘
13
๐Ÿ‘Ž
Read and participate in 13,965 discussions on Nomad List

Suggested topics

๐Ÿ‘
2
๐Ÿ‘Ž

What's the best SIM card you can get for traveling to Spain?


in Spain by @gabygarreau | 2mo 1 month ago | 3 comments

Hi! I want to relocate to Spain and I was wondering if someone can recommend a SIM card with a good data package.

Thanks

๐Ÿ‘
2
๐Ÿ‘Ž
reply
๐Ÿ‘
32
๐Ÿ‘Ž

Any Ph.D students dissertating while a digital nomad?


by @larsheather | 4mo 4 months ago | 5 comments

Anyone know of any groups or resources for Ph.D. students working on dissertation while living as a digital nomad? I know there are several virtual writing groups around, but wondered if there were any specifically for digital nomads, particularly those who are dissertating.

Thanks!

๐Ÿ‘
32
๐Ÿ‘Ž
๐Ÿ‘
2
๐Ÿ‘Ž

How is the health and safety in Bali right now amid the global crisis?


by @valentineworld | 5mo 4 months ago | 1 comment

I would like to avoid having to come right back home, ya know? <3

I plan to be in Bali a lot, but if this is a terrible time to go,
it could stunt my future plans of being in Bali for an extended period of time.

Would love to see you guys! <3

@valentineworld

๐Ÿ‘
2
๐Ÿ‘Ž
reply
๐Ÿ‘
3k
๐Ÿ‘Ž

How do you invest internationally as a nomad?


by @mateuszwieloch | 5mo 5 months ago | 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?

๐Ÿ‘
3k
๐Ÿ‘Ž
๐Ÿ‘
8
๐Ÿ‘Ž

I dream of being a digital nomad? How do I do it?


by @programmingmark | 6mo 5 months ago | 2 comments

Hello digital nomad!

I dream of being an independent digital nomad. But it feels very elusive & unattainable with my success rate. In full disclosure, whilst I have dreamed about making money online since high school; I have not earned a single cent making money online. $0, nada, zilch!! On the contrary, I have spent a lot of time & money on books, podcasts. Even though I have spent a lot of time reading/listening to others, I do not have anything to show for it!

I have made attempts in the past to start an online business, but these fizzle out quite quickly when I do not see traction especially when the goal I have set myself is too high.

Instead of reaching for the ultimate nomadic lifestyle goal, I want to start much smaller. Really small! I am simply looking to make $50 profit per month from a new online business. Thatโ€™s it.

I need some advice from you please!

  • Is $50 profit too low? How long did it take you to earn $50 profit per month?

  • What is a good way of achieving this goal?

Thanks
Mark
aka the $0 online business entrepreneur

๐Ÿ‘
8
๐Ÿ‘Ž
reply
๐Ÿ‘
97
๐Ÿ‘Ž

Central America - Where and what's next?


by @as11 | 7mo 6 months ago | 11 comments

Currently in Playa Del Carmen, Mexico and heading to Santa Teressa, Costa Rica next week.
Then Aruba in the Caribbean Sea for Christmas and New Year.

However I feel I want to head back to Central America to bring living costs down, rather than staying in the Caribbean Sea among the expensive Islands.

This means I have around 2 - 2,5 month of unplanned travelling.
Any digital nomads who have ideas about where to head in that timeframe?

๐Ÿ‘
97
๐Ÿ‘Ž
๐Ÿ‘
858
๐Ÿ‘Ž

Anyone know an accountant for Canadian nomads/expats?


by @noam_lightstone | 7mo 6 months ago | 16 comments

Hey guys, this was my first year as a Canadian nomad.

As far as I know of, Canadians donโ€™t pay taxes if they do not live in the country for 6 months.

But Iโ€™d like to talk to an accountant or someone who does Canadian taxes specifically for expats and nomads to get clear on the rules and for help on my return coming up.

Does anyone know someone who specializes in Canada who can help? Iโ€™ve seen plenty of US recommendations but none for us canucks.

Thanks guys!

๐Ÿ‘
858
๐Ÿ‘Ž
๐Ÿ‘
7
๐Ÿ‘Ž

What's the first step now that I can work remotely?


by @mariaplslourdes | 10mo 9 months ago | 4 comments

Hi everyone and nice to e-meet you!
finally, after so long I found a job that allows me to work remotely.
But now? Do you have any practical advice that I can use to approach this new world?
In particular, I have to put my tax situation in order, do you know a good tax advisor from whom I can ask for advice? (Iโ€™m Italian but I live in Franceโ€ฆI donโ€™t know how long it will beโ€ฆ) )
Beyond that, any advice is welcome.
Thank you!
Maria

๐Ÿ‘
7
๐Ÿ‘Ž
reply
๐Ÿ‘
8
๐Ÿ‘Ž

Do you "out" yourself as a digital nomad?


by @larsheather | 12mo 11 months 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!

๐Ÿ‘
8
๐Ÿ‘Ž
reply
๐Ÿ‘
13k
๐Ÿ‘Ž

What's the best warm destinations in Europe in the winter?

 

by @jammingsloth | 1yr 1 year ago | 33 comments

Planning ahead for the winter. Iโ€™ll be in Spain in the Fall and want to go someplace warm for the winter in or near Europe, but not Schengen. Was first thinking Cape Town, but the internet is slow and it is very far. Was also thinking:
Israel - but airbnb listings are very pricey.
Morocco?
Turkey - maybe a little chilly.

Any other suggestions?

๐Ÿ‘
13k
๐Ÿ‘Ž
๐Ÿ‘
10
๐Ÿ‘Ž

Recommendations for UK/Scotland accountants that understand remote businesses?


by @eduardoyi | 1yr 1 year ago | 1 comment

Looking for recommendations for reliable accountants who understand how remote businesses with off-shore freelancers and clients work. Thanks!

๐Ÿ‘
10
๐Ÿ‘Ž
๐Ÿ‘
41
๐Ÿ‘Ž

Ko Lanta or Ko Phangan - which island is better for a digital nomad?


in Ko Lanta, Thailand by @melinda | 1yr 1 year ago | 6 comments

Iโ€™m currently in Penang, Malaysia and I was thinking to head to Thailand next. What are the best islands in Thailand to get some work done? I was considering either Ko Lanta or Ko Phangan because those both islands have coworking spaces. I might need to take some client calls, also video. Is the wifi good enough? Are there any other differences between the islands?

๐Ÿ‘
41
๐Ÿ‘Ž
๐Ÿ‘
89
๐Ÿ‘Ž

What's the best CRM/system for managing remote work opportunities?


by @panoramica | 1yr 1 year ago | 3 comments

Iโ€™m currently doing some work through Upwork, but itโ€™s sporadic and Iโ€™m keen to get more active on other platforms like Freelancer, Toptal, CodeMentor, Fiverr etc

Currently Iโ€™m managing leads in a Google sheet. Basically itโ€™s just a list of projects I pitched for, how much I bid, what I did differently from the last pitch/bid, how much time went by before I got a offered a job etc.

Iโ€™m not actively following up anybody, and Iโ€™ve in fact โ€˜lostโ€™ a few jobs where the client was keen, but then disappeared without a trace. I guess I need to keep in touch with those people to ensure that they remain focussed on our agreementโ€ฆ

Iโ€™m also keen to take on more small projects concurrently, without dropping the ball on any of them.

Iโ€™ve done a quick Google and turned up a few names including Salesforce, Zoho, Nutshell, HighRise, Base, Nimble, etc etc. But testing out all these products isnโ€™t all that appealing, so I thought Iโ€™d ask here first :slight_smile:

Ideally Iโ€™d like something that integrates with remote job boards in some way.

Feature list

Iโ€™ve done some research and currently have this feature list:

Proposal building & tracking

  • Compile proposals from snippets - technologies, past projects
  • Quickly pull together a realistic/client friendly quote
  • Test and measure different approaches
  • Beat proposal deadlines while maintaining quality
  • Fine tune pitch material to bid more quickly and win more work โ€“ templates
  • Store history about past projects involving common needs and technological solutions
  • Learn which proposal content is working, and which is not

Lead generation and client management (CRM)

  • store info about regular clients
  • track remote projects which Iโ€™ve pitched for
  • Remote Job Board integration
  • search multiple job sites for keywords
  • track projects across multiple remote platforms โ€“ API integration / message alert/response

Project Management & Scheduling

  • Break projects down into granular tasks
  • Gantt chart to visualise overlapping jobs
  • Calendar to schedule daily work, deadlines, R&D
  • follow up, plan and schedule future work now, rather than once current work has dried up
  • offline reminders via a dedicated Android app
  • time tracking โ€“ to get an idea of true cost, to flag issues to client
  • BitBucket integration

Billing

  • Integration with Xero
  • tracking status of payments, actual payment date vs expected payment clearance date

Marketing

  • Get repeat business
  • Build Word Of Mouth
  • Proactive lead generation
  • Publish proposals as case studies

Cheers,
Dan

๐Ÿ‘
89
๐Ÿ‘Ž
๐Ÿ‘
5k
๐Ÿ‘Ž

What's the best place to incorporate an online business?

 

by @octave | 1yr 1 year ago | 63 comments

I have an commerce website. We get around 1000 orders per month and this is going to get quite a bit bigger in next few years.

I am British. I live in Thailand.
Im not allowed to majority own a Thai business and small foreign entrepreneurs are not really welcome. So i need an offshore company.

I need PayPal and an ecommerce internet merchant account. Also looking at alternatives like worldpay. 2checkout etc

Does PayPal need me to be a resident to the country i register my account to? Are there complications being a non resident to get other payment solutions?

Apparently in Hong Kong you need 2 years trading history to get an Internet Mechant Account and they generally turn their noses up at those with less than $1m(us) a year turn over. Singapore seems a bit easier.

I really want to avoid paperwork and book keeping. I hate it.

So i was looking at Seychelles, Panama, BVI, Belize.

Does anyone have experience with payment providers in these countries?

Most nomads i see donโ€™t really have a high volume of small monthly transactions which i do. Im going around in circles and donโ€™t know where to start.

Ill also need a bank account for business and a personal bank account to pay my salary into

๐Ÿ‘
5k
๐Ÿ‘Ž
๐Ÿ‘
1k
๐Ÿ‘Ž

Anybody recommend US health insurance with global coverage?


by @tylertringas | 1yr 1 year ago | 18 comments

Any US nomads found health insurance with global coverage? My current approach has been to have US health insurance, essentially a waste of money but if I ever got very sick I could go home and have coverage. My actual healthcare is a combination of travel insurance (havenโ€™t really used it much though) and paying cash in cheap places like SE Asia and Latin America. The cobbled together approach is neither simple nor very cost-effective. Love to find a product with global coverage that also satisfies Obamacare requirements. Any leads?

๐Ÿ‘
1k
๐Ÿ‘Ž
๐Ÿ‘
6k
๐Ÿ‘Ž

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


in Singapore by @raphadk | 1yr 1 year ago | 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?

๐Ÿ‘
6k
๐Ÿ‘Ž
๐Ÿ‘
7
๐Ÿ‘Ž

What's the best mobile-data option in New Zealand for nomads?


in New Zealand by @goldsaj | 2yr 1 year ago | 2 comments

Hi All! Iโ€™ve heard Spark and Vodafone are the best. I plan to move around, so I care mostly about having good coverage, and all Iโ€™ll need is around 1 GB of data or so.

Any suggestions?

Thanks!

๐Ÿ‘
7
๐Ÿ‘Ž
๐Ÿ‘
3k
๐Ÿ‘Ž

Is there a US bank for easily creating new business checking accounts remotely?

 

by @tylertringas | 2yr 1 year ago | 23 comments

Every accountant is going to tell you that you really should be keeping separate accounts for all your businesses and even projects that may one day become businesses. But in my experience setting up a new account associated with an actual business entity is a pretty annoying process involving an in-person visit to a bank branch, proof of residence in that branchโ€™s region, etc. Has anybody seen a bank that letโ€™s you easily create a simple business checking account online and more importantly that would let you add additional accounts and transfer funds between them?

๐Ÿ‘
3k
๐Ÿ‘Ž
๐Ÿ‘
667
๐Ÿ‘Ž

What's the best bank for South African digital nomads?


in South Africa by @kirst85 | 2yr 2 years ago | 12 comments

Iโ€™m a South African about to become a Nomad next year. I will still be employed by a South African company and receive a salary into my FNB bank account monthly.

I will be mostly based in Serbia but plan on travelling a lot. Does anyone have any advice on the best bank account to have? Is there a way to not get charged a small fortune in ATM charges and avoid getting my account frozen for using it in lots of countries?

Iโ€™m unsure of the best way to handle things. Should I try get another bank account outside of SA (Can I even do that)? I also have a British Passport if that makes a difference.

If any of you have any experienced advice I would be very grateful, Thanks in advance!

๐Ÿ‘
667
๐Ÿ‘Ž
๐Ÿ‘
22
๐Ÿ‘Ž

Where to stay in Budapest as a digital nomad?


in Budapest, Hungary by @pparma | 2yr 2 years ago | 2 comments

HI, Iโ€™m from Argentina: new to Nomad List, and to digital nomad life in general :slight_smile:

I want to travel to Budapest on March for two months, can anyone recommend
the best area to stay?

๐Ÿ‘
22
๐Ÿ‘Ž
โ€นโ€บ
×
USD โ”€ $
ยฐF
โœจ To see all results
Join Nomad List
Log In
FeedbackIf you find a bug, or have feedback, please write it here. See the FAQ for answers to most questions.Thanks for the message! We will get back to you soon.
Send feedback