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Own nothing control everything structure for Non EU/US Digital Nomad

troubled soul

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Aug 23, 2020
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I am looking for creating a structure for Digital nomad...where He can control everything but own nothing ..
Means He do not care about his tax residency , TRC or any sort of things.
Do this type of structure can be made ?
Do you know how to structure this setup ?
Any example of this kind....
Is it really possible ?
Thanks
 
I assume you have read the article we have around here and which is already linked in the first sentences above (own nothing) ?

The concept is well possible but requires a lot of money and that you relocate to a place where you don't have to pay tax from worldwide income. In addition it may not be easy now a days to set such thing up.

But before entering in such discussion. How much money do you have to let circulate in such a structure?
 
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Here are some basic principles that are widely applied by individuals in both private and public sector:

  • Intimidation/Fear/Coercion. By ensuring that those you do business with are too afraid to defy or report you, you can exert control without directly owning an asset or business. You achieve this by using various ways to increase the percieved negative consequences of anyone creating problems for you.
  • Protection Rackets: A classic tactic is to offer "protection" to businesses or individuals. In reality, you are extorting them: pay for protection, or face violence and disruption. The asset owner maintains official ownership but is under your thumb.
  • Front Men/Straw Owners/Nominees: you might have someone else's name on the paperwork as the official owner of a business or asset. This person acts as a "front", taking on the legal risk, while you pull the strings from behind the scenes.
 
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