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!
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.
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: th-cam.com/video/UZlSdHjNy4E/w-d-xo.html
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?
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!
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.
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 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.
Thank you for your comment. This video on the tax system, lifestyle and pathway to citizenship in the Dominican Republic may interest you: th-cam.com/video/-Swc2Jr6mLQ/w-d-xo.html
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?
If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you...prevent inflation
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): th-cam.com/video/9aY8_DISMJ0/w-d-xo.html
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. 🙂
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.
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: th-cam.com/video/OJP_PNzpYmM/w-d-xo.htmlfeature=shared&t=320
I would suggest Cyprus too
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: th-cam.com/video/UZlSdHjNy4E/w-d-xo.html
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!
14:05 As someone whose family is originally from eSwatini, I laughed out loud. Impressive and hilarious.
Fascinating!!!
Thank you
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.
Chile is expensive man. Almost Midwest US prices I was looking.
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!
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.
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: th-cam.com/video/JN6JhqFusPQ/w-d-xo.html
When will you announce the speakers for NC Live 2025?
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 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.
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: th-cam.com/video/-Swc2Jr6mLQ/w-d-xo.html
I would be happy enough to have a bank account that does not share info
Why would I want white sand beaches and palm trees when I can trudge through 2 feet of snow? 😅🤣😂
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
If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you...prevent inflation
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?
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): th-cam.com/video/9aY8_DISMJ0/w-d-xo.html
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
@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