Nomad Capitalist Audio Experience

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Nomad Capitalist Audio Experience episodes

June 21, 2020 The Benefits of Dual Citizenship
Should you become a dual citizen? What are the benefits?
The way we see it is that it could be a great backup plan.
Having dual citizenship is a great financial strategy for tax reduction and offshore investments, as well as for taking advantage of social services.
Holding a second passport may give you more freedom to travel.
So, start building your global citizenship portfolio and enjoy all the benefits of being a dual citizen.
https://nomadcapitalist.com/second-passport/
12 min
June 20, 2020 Living Nowhere is Harder Than Ever
The idea of living nowhere and being a nomad may sound appealing and exotic, but it became more difficult to achieve lately, as more and more people are starting to follow this lifestyle.
Consequently, various governments started closing some exit paths in order to make you pay your taxes to them and not somewhere else.
https://nomadcapitalist.com/2015/03/18/how-you-can-live-anywhere-by-living-nowhere/
8 min
June 19, 2020 “Don't You Feel Badly Not Paying 50% Tax?”
If you’re used to paying 40% or 50% of your income in taxes, the idea of living in a tax haven and legally paying near-zero tax rates may sound odd. Here’s how I answer the question “don’t you feel badly not paying?”
https://nomadcapitalist.com/
20 min
June 18, 2020 Problems with HSBC Banking in Hong Kong
Despite being the biggest and one the most known banks in Hong Kong, HSBC bank may be one of the most problematic banks as well.
First of all, because of the fact that Hong Kong is one of the biggest offshore havens in the world, HSBC started being suspicious and rejecting people who want to open an offshore bank account.
Furthermore, their employees are not so familiar with the individual cases, which makes the HSBC rather slow and inefficient.
https://nomadcapitalist.com/
9 min
June 17, 2020 The #1 Overseas Business Idea That's Wide Open
Are you one of those people who think about going offshore and starting a company, who are adventurous and yearn for a change, but don't know where to start?
You can always found an online business, but what if you're more for "on the ground stuff"?
There's one huge opportunity in lots of countries all around the world that's not developed and organized enough, one of the basic services - real estate business.
https://nomadcapitalist.com/
10 min
June 16, 2020 Fastest Countries to Become a Citizen
One of the most commonly asked questions we receive here at Nomad Capitalist is: What is the fastest way to get the second passport and become a dual citizen?
There are four different ways to do it, depending on your needs - some more, some less quick:
- citizenship by investment;
- citizenship by descent;
- citizenship by naturalization;
- citizenship by marriage.
https://nomadcapitalist.com/2015/07/27/the-fastest-countries-in-the-world-to-become-a-citizen/
9 min
June 15, 2020 Why I Have Zero Debt
This is the story of why I have absolutely no debt.
Many financial advisors and Youtubers suggest using leverage to build wealth through mortgages and other "good debt".
However, as a global citizen, not only is debt harder to come by, but it's simply less desirable for my lifestyle.
https://www.nomadcapitalist.com
10 min
June 14, 2020 Hidden Risks of Second Citizenship
There's one factor you likely haven't considered when evaluating second passport opportunities: beta.
As a measure of risk, beta separates seemingly good opportunities for risk-adjusted mediocre opportunities.
With second passports, that "fast, easy, and cheap" citizenship deal may not be so attractive when you consider all of the risks.
https://www.nomadcapitalist.com/second-passport/
10 min
June 13, 2020 Opening a High Interest Bank Account in Armenia
Banking in Armenia may just become the "next big thing".
It's a country very similar to Georgia when it comes to banking - they are both open to foreigners opening bank accounts and storing their wealth.
Also, they're not applying the CRS standards, which means you have more privacy, in addition to the high interest rates and the possibility to invest in their real estate market.
https://nomadcapitalist.com/2018/08/12/highest-interest-rates-banks/
6 min
June 12, 2020 How to Travel with Two Passports
Being a dual citizen and having more than one passport is still considered exotic in the eyes of many people. One of the things they are concerned about is how they are going to travel with more passports, which one to use and when.
However, there is nothing complicated about it, you just have to keep in mind certain things before you travel, e.g. if one of your passports is American or European, make sure you use it when you enter and exit these countries.
https://nomadcapitalist.com/second-passport/
11 min

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Want to learn how to pay less in taxes, build financial freedom and live as a true global citizen? The Nomad Capitalist Podcast teaches entrepreneurs and high-net-worth individuals how to reduce tax…