That Remote Life | Interviews with Digital Nomads and Location Independent Entrepreneurs

TRL 145: Ultimate Guide to Finances & Reducing Taxes for Digital Nomads with Vincenzo Villamena


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💬  Topics Discussed:

  • What made Vincenzo trade his high-paying corporate job for the digital nomad lifestyle?
  • How things have changed in the nomad scene since the global economic crisis of ‘08?
  • Why Vincenzo refers to himself as a “financial therapist”
  • What parts of the world are great spots for finding new, high-quality team members
  • Are the Balkans a secret hotspot for financial experts?
  • What are some resources you can use to learn the basics of taxes and tax systems?
  • How can you optimize your taxes as a digital nomad?
  • Defining the terms bona fide residency and foreign income exclusion
  • The difference between an LLC and an S-Corp
  • At what level of income should you look into establishing offshore businesses?
  • What countries are great locations for setting up a business?
  • What is the future of taxes based on the growth of remote work and location independence?
  • What is "permanent establishment" and how can it help you
  • The increasing popularity of outsourcing and contractors with companies
  • The appeal of the US for international digital nomads

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🎒 Resources:

  • OnlineTaxman.com
  • GlobalExpatAdvisors.com
  • [book] US Taxes For Americans Abroad by Vincenzo Villamena
  • [book] The 4-Hour Workweek by Tim Ferriss
  • Nomad Capitalist
  • [book] Tax-Free Wealth by Tom Wheelwright
  • Wealthability
  • What is the OECD


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That Remote Life | Interviews with Digital Nomads and Location Independent EntrepreneursBy Mitko Karshovski

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