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The times have changed as vast crowds of people are not migrating from shiny new cities with their smog and crowds! Instead, people are turning to the safest places to live in the world may that are not too flashy but offer better peace of mind. Some locations worldwide are both cheapest and considerably secure that you can find the best place for your pocketbook. Now, it's time to break your shackles and set your soul free with these perfectly safe countries to live in the twenty-first century. The craze of shifting overseas, both as a resident and a business, has seen a considerable surge in the past few years. Due to the global pandemics worldwide, people have now started to look for safer options to live in than their native...
The United States is one of the few countries whose immigration laws allow some of the world's most skilled people to work and live there. But having the residency and working permit requires applicants to undertake a sometimes difficult, involved process that has been refined over decades. However, many countries worldwide are continuously working towards improving their citizenship application process. The concepts of dual citizenship are becoming common with the increasing concept of offshore business. Different countries are now supporting dual citizenship as an easy and convenient process. Dual citizenship has a lot of scope both for a business and residents. It can be the perfect tool for taking their businesses offshore for...
Slovakia has recently come up with a bill that allows foreigners to get Slovak citizenship by descent – up to a third generation. In other words, if one of your great grandparents is or was Slovakian, you can now prove it and ask for citizenship. Part of the European Union, the country has been through significant growth over the past decade, as soon as the 2008 financial crisis reached to end. While often overlooked, it has mostly gained notoriety among digital nomads, and for some good reasons. So, what should you know about Slovak citizenship by descent, and why would you go for it? But first, a few words about Slovakia Unless you are good at geography or you live in Europe, you will probably struggle a bit to find Slovakia on...
We all have our passions when it comes to traveling. The concept of traveling and feeling the beauty of nature and culture goes back to early ages. The curiosity of human nature to find new places discovers new truths, and is what drives them to travel more. Today, traveling has become even more of an adventure and thrilling experience. With activities like riverside camping, hiking, rafting, and couch-surfing, the good-old idea of traveling is not changed. However, every trip doesn't work out on its own and becomes memorable. Therefore, you need to put in some effort and research with platforms like nomad capitalist before starting your journey. Whether you are visiting a beach-side location or any tropical region with lots of natural...
Vanuatu is a small country in the Pacific Ocean, far from civilization and famous for its unique natural beauty. It makes an incredible holiday destination with its stunning landscapes, amazing culture, and great climate. But then, there is something else that makes it popular… Its citizenship by investment program. Despite being tiny, Vanuatu is a great destination for those who like traveling. The capital city – Port Vila – is the most significant attraction. The country is also famous among wealthy individuals for being a tax haven, so the demand for its citizenship program skyrocketed over the past few decades. Those interested in getting a second passport will inevitably consider Vanuatu as well. It is easy to tell why. First...
Mexico is now the world's favorite retirement destination. Why? Well, Mexico offers more benefits to foreigners than any other country. Yes, it's true: many countries don't have any restrictions on senior citizens who want to immigrate and retire abroad. And that includes Canada and most EU countries (in fact, people from France, Poland, and Italy can live anywhere they want within the EU). But no other country offers such generous retirement programs as Mexico. With so many turmoils going all around the US, the crowd of people looking to get a second residency as an option is increasing day by day. It all started back in 2016 when Trump was elected as the president of the United States, and everyone started thinking about having a...
Unless you live around Latvia, you are good at geography, or you are interested in moving there, you will probably find it difficult to locate on the map. Besides, Latvia is often confused with Lithuania, despite being two completely different countries. Now, Latvia has gained plenty of notoriety lately among offshore entrepreneurs. Often overlooked by everyone else, this country offers great benefits and a unique experience. Here is everything you need to know about Latvia citizenship. But first, a few words about Latvia Located in the northern part of Europe, Latvia is one of the Baltic countries and has borders with Lithuania, Belarus, Estonia, and Russia. It also has a maritime border, but with Sweden. In terms of size...
Many people are fascinated with Portugal and its city's scenic beauties and the fact that it's home to world-famous soccer player Cristiano Ronaldo. But Portugal, apart from being famous for Cristiano Ronaldo and Port Wine, is also famous for its golden Visa Programs. It is considered one of the best EU Golden Visa Programs globally. It attracts a lot of Nomad Capitalists from around the world as Portugal has so much to offer, like a high standard of living with a better work regime, healthcare, climate, infrastructure, education, and safety. Anybody who's thinking of residing in Portugal to increase their quality of living standard can do it with the help of their Golden Visa Portugal. Portugal's Golden Visa program is among the...
You might have heard of Vanuatu in your offshore adventure – it is often rated to be a tax haven with plenty of advantages for foreigners. However, most people have no clue where to locate it on the map, and it makes perfect sense – Vanuatu has become famous only recently. A simple visit to Vanuatu will expose you to a different world. You will find interesting architecture and a different lifestyle, as well as a large expat community that can teach you a thing or two – most of it somehow related to the banking industry. Vanuatu has recently ended up on many investors' radars, yet the expat community there has been established decades ago. There are entrepreneurs and professionals established in Vanuatu since the 1970s, and they...
You surely have seen movies where a person, after doing a crime, runs to a foreign country, and the cops aren't able to do anything about it. What do you think of this scenario? Why can't cops go and arrest the criminal who ran into another country? This is all because of the no extradition treaty. The United States is known as the land of opportunity, with its history of innovation, wealth creation, and material comforts. Indeed, its economic growth has been a powerful force in the international sphere. However, it would appear that not all countries share this spirit of openness and economic opportunity. However, many different countries have refused to be part of an extradition treaty with the US. So if a person commits a crime in...
Uruguay is the richest country in South America and redefines the area as one of the most modern jurisdictions. It has a liberal approach and a well-developed social security system. The healthcare system is just as good, not to mention the education. In terms of business, Uruguay offers 0% income tax if the income is generated from other sources but Uruguayan. With these thoughts in mind, it is no surprise why so many business people choose Uruguay – not just for business, but also to live there. Visiting Uruguay – What to expect Relocating to Uruguay is one thing, and visiting as a tourist is a different thing. Obviously, you cannot move to a different country without experiencing the local lifestyle first – the best way to do...
Lately, there has been a huge shift of interest of every American towards shifting to this tax-friendly nation, Puerto Rico. From businessmen looking to expand or someone finding ways to save taxes, Puerto Rico is now everyone's choice. As a result, it has made significant appearances on the pages of some top magazines like GQ and Forbes as new tax heaven. One section that is particularly more interested in settling here are the businesses going offshore. Of course, the first thing that any business owner looks for before taking his business offshore is the tax liabilities of that country. This is exactly where Puerto Rico proves to be an angel with almost zero tax rates. However, before shifting, you need to understand if there is any...
Andorra is one of the smallest countries in Europe. Until you are into finances or offshore business, you might have heard about it around football qualifiers – it never manages to make it to a final tournament. Other than that, Andorra is a great choice for those who like tranquil tourism. Less than a decade ago, Andorra became a popular choice for investors because it promoted a 0% income tax. Basically, this is one of everyone’s main dreams – keeping all the money that you work for so hard. Unfortunately, big sharks from the EU had to get involved in order to control capital, so Andorra was forced into bringing in some sort of an income tax. But then, it was kept to a minimum – just 10%, so it was still one of the best countries...
Over the years, collecting different passports and citizenships from different countries has seen rapid growth. There are many amazing perks associated with having multiple citizenships across multiple nations worldwide. There are many scenarios in both the personal and professional life of a person were having second options can come in handy. Although dual citizenship is a legal concept, the number of countries that allow it diminishes. This is because countries are looking to promote nationalism to unite the country under one flag. Only 10% of all developed countries allow citizens to hold more than one passport. Some notable exceptions are Switzerland, Israel, and Singapore. It's always best to check with the country's embassy...
You want to travel around the world and make money on the go – it sounds like a dream come true for many. However, in a constantly evolving age of technology, it makes perfect sense these days. To keep it simple, imagine a freelancer. An experienced freelancer or a self-employed professional offering online services can actually do that, and the truth is many of them do. But then, what happens with taxes? Which jurisdiction do you stick to for a bank account? The same questions come when you think about your residency. This is where things can get messy – in fact, this is what needs planning. There are, indeed, lots of possibilities. While this is a good thing, it could also be quite confusing for most people. Fortunately, a little...
Located in the Caribbean, Barbados is mostly associated with white sand beaches, crystal clear waters and luxurious holidays in the middle of nowhere. However, the country is also a popular choice for those interested in a more stable financial system. The coronavirus pandemic has seriously altered its economy due to the travel restrictions that prevented pretty much everyone from coming over. In order to recover, the government has introduced a Barbados digital nomad visa – the opportunity to live in Barbados, while working for a company abroad. The program is known as the Barbados Welcome Stamp and was released in the summer of 2020. Barbados was the first country in the Caribbean to provide access to such a visa. Others followed...

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