We're just 4 days away from the the premiere of Live Like a King in Yerevan, where we explore the surprising luxuries of the Armenian capital and highlight a country that is quietly becoming one of the smartest places for entrepreneurs and investors who want to plant new flags and diversify their assets.Turn on notifications, and be ready to see a side of Armenia you have never seen before when Live Like a King in Yerevan drops on December 30!
The last video you said it was worth acquiring Hong Kong property because of tax benefits, but it isn't worth going into Singapore because it's too expensive?
I still like the old way you put out ----> perpetual tourist trifecta method. Never live in any one country long enough to be a resident for tax purposes.
Such a great video - thank you so much! And love the Australian options - I'm Aussie and it's so nice to have suggestions focused at me. Thank you - love you!
Thank you for your compliment. We're glad the video is of use for you! We have plenty more Australia tax content, along with solutions for going where you're treated best: ruclips.net/video/UZlSdHjNy4E/видео.html
Hey Andrew, when you mention "residing in Malaysia and having a company in Hong Kong". Do you always assume that you have a local operator that serves as CEO of the entity? Or is Malaysia okay with a resident remotely serving as CEO of a foreign entity without taxing that entity (despite the business decisions effectively being made on Malay soil)? I would actually really love a video in which you could explain whether a local operator is always necessary or whether some jurisdictions don't care.
You do need a local CEO due to Permanent Establishment rules, which is enforced by pretty much all countries no matter what anyone says. You may be the owner of a foreign company, but not the operator. Otherwise, your residing jurisdiction might claim corporate taxes upon the company you operate remotely from their soil. In short: you may serve as the investor or founder behind the business, but not the daily operator. Again, dont let anyone on the internet tell you that you can navigate around Permanent Establishment rules if you are the actual CEO of the remote company. The only solution 100% kosher is to reside in a country with zero taxes on both personal AND corporate income, such as Cayman Islands.
Thank you for your comment. In this video, we discuss Paraguay and get into its tax system and lifestyle. We also compare Paraguay to Uruguay, which is the more well known "hidden gem" in South America: ruclips.net/video/JN6JhqFusPQ/видео.html
Excellent video! I'm an expat in Cusco, Peru and just loving it. Been here for years. However, I doubt any of your clients are going to do it! hahaha. That's just fine by us. I might use you if I move to Spain or a Thai island in 5 years. Great job.
I think ISA’s and SIPP’s make the UK a tax friendly tax haven for savings (not income). What beats zero CGT? And in the case of ISA zero income tax. Tell me I am wrong and where is better?
uk is one of the worst places in the world for taxes. you can only put 20k a year into an IAS, and not sure if you have to live in UK to use it. Wealthy are fleeing uk in record numbers, leaving it the best thing i ever did
To build wealth for normal working people, yes. UK ISAs are the best in the world to invest and pay no CGT or dividend tax on equity investments. If you earn a British average salary and max out your ISA, you can become a millionaire before you are 40, even on minimum wage. Factor in SIPP/Pensions. Then multimillionaire. People here suffer from so much financial illiteracy.
@@grahambrown42 ISA are decent. SIPPs, Depends on your preferences. SIPP's have Beneficiary Tax of 45% upon death so not ideal if you want to pass on wealth. Before Labours budget couple months ago, one could use their EU entitlements (If tax resident / owned property) to pay 0%. Labour closed this option, increased CGT and will introduce the first IHT on UK pensions in 2028. It's not a good or safe place.
At 59, I don't have many years of high-intensity, high-quality living left within me, so saving isn't a priority from me, unless it comes naturally from traveling forays. I intend to settle in Italy, England, Canada and, perhaps, even New Zealand and South Africa, and travel a lot. If the traveling schedule can limit my time in my favoured destinations to under 6 months, then I don't have to pay taxes in those locales. I wouldn't go out of my way to limit my exposure to under 6 months; only if it happens naturally. because of the schedule which suits me. LLCs in the Caribbean, UAE and, perhaps, Lichtenstein are good options. Trusts in Cook Islands and Foundations in UAE are good, too. Limited Liability Partnerships might be useful for withdrawing small incomes in certain Western countries, depending on whether personal or corporate tax rates are more favourable. As a retiree, I'll be drawing most of my income from capital gains and rentals. I also wouldn't be averse to running investment and other services, universities, schools, luxury resorts, country clubs, sporting complexes, high-end boutique hotels, and yacht and jet charters if those would blend into my own traveling and leisure schedules.
I really hope you see my message. I am a young man, just above 19 years old, working online. I want to move to either Panama or Uruguay and have no problem staying there for the next 5 years to get my citizenship. However, I am unsure if I am making the right choice and which country to choose between the two.
In a non-dom regime, you can usually retain earnings in foreign entities with proper planning. If you’re in need of assistance, feel free to reach out. Our team and network of professionals can help: nomadcapitalist.com/apply
I really appreciate your efforts! Could you help me with something unrelated: I have a SafePal wallet with USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). What's the best way to send them to Binance?
@@Kinai89 in this scenario, I believe you’d most likely be considered a tax resident of Mexico as it would be considered your ‘centre of life’. For this to work, the 6 months would likely have to be in a 0% tax country, or a territorial tax country with all foreign-sourced income
Hey love your content and i came across ur work after a long research about career opportunity i really would love doing something like this i also have a background in strategy and research please reply back
You're also different from the copy cats because of the heterodox views you host and educate people on. Like I can tell you perhaps aren't a fan of living in China, but you host people that provide that perspective!
Who else watching this channel is lower middle class like me. Kinda not my fault though that I'm a younger millennial. I think this channel is meant for rich establishment types. Couldn't afford any of this stuff but I see the US going down the toilet so researching.
Thank you for watching and commenting. While we serve 7- and 8-figure entrepreneurs and investors, we also have plenty of content on the channel for those starting out on their Nomad Capitalist journeys. Here is one of our most popular videos where Mr. Henderson explains where he would live and why if he had to start over and live on $1,000 a month (yes, prices have increased in these locations since the recording of the video): ruclips.net/video/9aY8_DISMJ0/видео.html
We reveal the 10 most affordable countries in the world for expats to live in in this video, including Vietnam: ruclips.net/video/VDM0sHixnn4/видео.htmlsi=IDSxVLOFDk_uKnvO
Thank you for your comment. This video on the tax system, lifestyle and pathway to citizenship in the Dominican Republic may interest you: ruclips.net/video/-Swc2Jr6mLQ/видео.html
I was shocked when u talked about Nicaragua well my parents are from Nicaragua and well I’ve been there many times through my life. I’m 19 years old and well I can tell you Nicaragua isn’t a safe place yea it’s beautiful and all that but that country is corrupt and yes ik the US is corrupt as well but I don’t think can be a good option to live just from my experience being in Nicaragua for around 2 years. I would prefer Costa Rica. And let’s not talk about the political situation in Nicaragua it’s a mess and I witness everything happen when people protested for their rights being violated and other things. But ya Nicaragua for my view isn’t a good option.
Thank you for your comment! Feel free to reach out, our team would be glad to discuss your citizenship needs and a holistic plan for your nomadic lifestyle: nomadcapitalist.com/apply
@nomadcapitalist Is there any chance that Nomad Capitalist Live is going to be hosted in another country in 2026? I only ask as I'd love to attend but can't legally enter Malaysia (incl. KL) due to the governments visa policy/laws, by no choice of my own (born with a citizenship I didn't know I had until I was 21, and can't get rid of). Maybe Singapore in 2026?
Thank you for watching and commenting and for your interest in attending Nomad Capitalist Live! Please join the waiting list and stay tuned for updates about future events: nomadcapitalist.com/live
We're just 4 days away from the the premiere of Live Like a King in Yerevan, where we explore the surprising luxuries of the Armenian capital and highlight a country that is quietly becoming one of the smartest places for entrepreneurs and investors who want to plant new flags and diversify their assets.Turn on notifications, and be ready to see a side of Armenia you have never seen before when Live Like a King in Yerevan drops on December 30!
Thanks for dropping the WHOOOOOOSH sound effects. 🙂
10% flat rate for Andorra may also be interesting. Moreover, since it is not officially considered a tax haven, financial duties are straightforward.
Thank you for your comment. We cover Andorra's tax-friendliness in this video: ruclips.net/video/OJP_PNzpYmM/видео.htmlfeature=shared&t=320
I would suggest Cyprus too
Andorra does not have an airpoprt......... kind of boring environment....... You are socially dead if you don't speak French or Spanish
The last video you said it was worth acquiring Hong Kong property because of tax benefits, but it isn't worth going into Singapore because it's too expensive?
The corporate tax rate is 17% and dividends are exempt. Personal tax starts at 0 to 22% as a max.
I still like the old way you put out ----> perpetual tourist trifecta method. Never live in any one country long enough to be a resident for tax purposes.
Thanks for the good info.
These type of videos give me hope for a better future. Thank you Andrew and team.
Thank you. We're glad to hear this content gives you hope for the future!
Such a great video - thank you so much! And love the Australian options - I'm Aussie and it's so nice to have suggestions focused at me. Thank you - love you!
Thank you for your compliment. We're glad the video is of use for you! We have plenty more Australia tax content, along with solutions for going where you're treated best: ruclips.net/video/UZlSdHjNy4E/видео.html
@@nomadcapitalist Thank you!
Hey Andrew, when you mention "residing in Malaysia and having a company in Hong Kong". Do you always assume that you have a local operator that serves as CEO of the entity? Or is Malaysia okay with a resident remotely serving as CEO of a foreign entity without taxing that entity (despite the business decisions effectively being made on Malay soil)? I would actually really love a video in which you could explain whether a local operator is always necessary or whether some jurisdictions don't care.
You do need a local CEO due to Permanent Establishment rules, which is enforced by pretty much all countries no matter what anyone says. You may be the owner of a foreign company, but not the operator. Otherwise, your residing jurisdiction might claim corporate taxes upon the company you operate remotely from their soil.
In short: you may serve as the investor or founder behind the business, but not the daily operator. Again, dont let anyone on the internet tell you that you can navigate around Permanent Establishment rules if you are the actual CEO of the remote company.
The only solution 100% kosher is to reside in a country with zero taxes on both personal AND corporate income, such as Cayman Islands.
Thank you for continuing to provide quality information to help us along the journey.
You are welcome!
Great informative video.
Please do a video on Belize. Thank you.🙏
In this video on Nomad Capitalist R&D channel, we discuss Belize: ruclips.net/video/LBYu_WYy_e4/видео.html
Andrew, how come you never recommend Paraguay as it's a tax-friendly place with very low cost of living
Thank you for your comment. In this video, we discuss Paraguay and get into its tax system and lifestyle. We also compare Paraguay to Uruguay, which is the more well known "hidden gem" in South America: ruclips.net/video/JN6JhqFusPQ/видео.html
Excellent video! I'm an expat in Cusco, Peru and just loving it. Been here for years. However, I doubt any of your clients are going to do it! hahaha. That's just fine by us. I might use you if I move to Spain or a Thai island in 5 years. Great job.
Thank you! We will be happy to welcome you then!
Great information
I think ISA’s and SIPP’s make the UK a tax friendly tax haven for savings (not income).
What beats zero CGT?
And in the case of ISA zero income tax.
Tell me I am wrong and where is better?
uk is one of the worst places in the world for taxes. you can only put 20k a year into an IAS, and not sure if you have to live in UK to use it. Wealthy are fleeing uk in record numbers, leaving it the best thing i ever did
@ married couple £40k/year.
Over ten years £400k.
Plus SIPP.
If you know the game, it’s a tax haven!
To build wealth for normal working people, yes. UK ISAs are the best in the world to invest and pay no CGT or dividend tax on equity investments. If you earn a British average salary and max out your ISA, you can become a millionaire before you are 40, even on minimum wage. Factor in SIPP/Pensions. Then multimillionaire. People here suffer from so much financial illiteracy.
@@grahambrown42 ISA are decent. SIPPs, Depends on your preferences. SIPP's have Beneficiary Tax of 45% upon death so not ideal if you want to pass on wealth. Before Labours budget couple months ago, one could use their EU entitlements (If tax resident / owned property) to pay 0%. Labour closed this option, increased CGT and will introduce the first IHT on UK pensions in 2028. It's not a good or safe place.
@@dancronin4691What about SASS pension which are actually framed as Trusts in which you can include your kids as trustees?
14:05 As someone whose family is originally from eSwatini, I laughed out loud. Impressive and hilarious.
At 59, I don't have many years of high-intensity, high-quality living left within me, so saving isn't a priority from me, unless it comes naturally from traveling forays.
I intend to settle in Italy, England, Canada and, perhaps, even New Zealand and South Africa, and travel a lot.
If the traveling schedule can limit my time in my favoured destinations to under 6 months, then I don't have to pay taxes in those locales. I wouldn't go out of my way to limit my exposure to under 6 months; only if it happens naturally. because of the schedule which suits me.
LLCs in the Caribbean, UAE and, perhaps, Lichtenstein are good options. Trusts in Cook Islands and Foundations in UAE are good, too.
Limited Liability Partnerships might be useful for withdrawing small incomes in certain Western countries, depending on whether personal or corporate tax rates are more favourable.
As a retiree, I'll be drawing most of my income from capital gains and rentals.
I also wouldn't be averse to running investment and other services, universities, schools, luxury resorts, country clubs, sporting complexes, high-end boutique hotels, and yacht and jet charters if those would blend into my own traveling and leisure schedules.
Chile is expensive man. Almost Midwest US prices I was looking.
I really hope you see my message. I am a young man, just above 19 years old, working online. I want to move to either Panama or Uruguay and have no problem staying there for the next 5 years to get my citizenship. However, I am unsure if I am making the right choice and which country to choose between the two.
In this video, Mr Henderson compares Uruguay to Paraguay: ruclips.net/video/JN6JhqFusPQ/видео.html. Hope this helps!
Why would I want white sand beaches and palm trees when I can trudge through 2 feet of snow? 😅🤣😂
Fascinating!!!
Thank you
Getting to 7 figure is the first step for most ppl.
Hello Andrew, Any tips for Mexican shares?
What about CFC rules, do they apply to non-dom?
In a non-dom regime, you can usually retain earnings in foreign entities with proper planning. If you’re in need of assistance, feel free to reach out. Our team and network of professionals can help: nomadcapitalist.com/apply
I really appreciate your efforts! Could you help me with something unrelated: I have a SafePal wallet with USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). What's the best way to send them to Binance?
WTF?
Gas trap
No mention of Paraguay in South America?
Thank you for your comment. In this video, we discuss Paraguay and compare its tax system to Uruguay's: ruclips.net/video/JN6JhqFusPQ/видео.html
I like how Andrew always skips Paraguay. Not even at their live event they mentioned it. So, we can enjoy the place with less gringos :)
I would be happy enough to have a bank account that does not share info
If I live in Mexico 6 months, Colombia 3 months, Thailand 3 months, completely tax free?
Obviously not 🤣
@@danrattigan96 I am not US citizen, do not own any property in the world. I am talking about general income tax
@@Kinai89 in this scenario, I believe you’d most likely be considered a tax resident of Mexico as it would be considered your ‘centre of life’. For this to work, the 6 months would likely have to be in a 0% tax country, or a territorial tax country with all foreign-sourced income
When will you announce the speakers for NC Live 2025?
Hello, thank you for your question! On April 15th we will announce the speakers. Stay tuned and we will look forward to welcoming you!
I looked at San Juan Del Sur like 10-15 years ago. Even at that time I couldn't afford it. It was as expensive as the US. What a rip off.
Hey love your content and i came across ur work after a long research about career opportunity i really would love doing something like this i also have a background in strategy and research please reply back
You're also different from the copy cats because of the heterodox views you host and educate people on. Like I can tell you perhaps aren't a fan of living in China, but you host people that provide that perspective!
Who else watching this channel is lower middle class like me. Kinda not my fault though that I'm a younger millennial. I think this channel is meant for rich establishment types. Couldn't afford any of this stuff but I see the US going down the toilet so researching.
Thank you for watching and commenting. While we serve 7- and 8-figure entrepreneurs and investors, we also have plenty of content on the channel for those starting out on their Nomad Capitalist journeys. Here is one of our most popular videos where Mr. Henderson explains where he would live and why if he had to start over and live on $1,000 a month (yes, prices have increased in these locations since the recording of the video): ruclips.net/video/9aY8_DISMJ0/видео.html
I’m lower middle class. Canada’s taxes are stoopid. It’s all my fault though. Partied way too much. 😂
How about Vietnam?
We reveal the 10 most affordable countries in the world for expats to live in in this video, including Vietnam: ruclips.net/video/VDM0sHixnn4/видео.htmlsi=IDSxVLOFDk_uKnvO
Status correction outside of the public sector is also a solution. Decentralize yourself from the legal fiction.
Please do a video on Dominican Republic.
Thank you for your comment. This video on the tax system, lifestyle and pathway to citizenship in the Dominican Republic may interest you: ruclips.net/video/-Swc2Jr6mLQ/видео.html
I was shocked when u talked about Nicaragua well my parents are from Nicaragua and well I’ve been there many times through my life. I’m 19 years old and well I can tell you Nicaragua isn’t a safe place yea it’s beautiful and all that but that country is corrupt and yes ik the US is corrupt as well but I don’t think can be a good option to live just from my experience being in Nicaragua for around 2 years. I would prefer Costa Rica. And let’s not talk about the political situation in Nicaragua it’s a mess and I witness everything happen when people protested for their rights being violated and other things. But ya Nicaragua for my view isn’t a good option.
why do you guys wont prefer cyprus ? isnt worth moving there
What did you say?
So you have no problem exploiting the benefits in each contry but won't pay taxes?
So, if I move to Nicaragua, does that mean I can surf my way to tax freedom? Sign me up! 😂 Who else is ready to trade their suit for a surfboard?
any passport for successful India nomad?
Thank you for your comment! Feel free to reach out, our team would be glad to discuss your citizenship needs and a holistic plan for your nomadic lifestyle: nomadcapitalist.com/apply
Rebecca Sophia Scott Amazon FBA entrepreneur & Tesla mad scientist
@nomadcapitalist Is there any chance that Nomad Capitalist Live is going to be hosted in another country in 2026? I only ask as I'd love to attend but can't legally enter Malaysia (incl. KL) due to the governments visa policy/laws, by no choice of my own (born with a citizenship I didn't know I had until I was 21, and can't get rid of). Maybe Singapore in 2026?
Thank you for watching and commenting and for your interest in attending Nomad Capitalist Live! Please join the waiting list and stay tuned for updates about future events: nomadcapitalist.com/live