The Nomad Tax Trap for Non-Americans

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What is the most significant "Nomad Tax Trap," and how can you avoid it?

With the growing trend of digital nomads and perpetual travelers all around the world, some of them believe that they are not obliged to pay tax in their home country, or any other for that matter, as they are always on the run.

However, governments and banks don't exactly like those people who claim that they "live nowhere," and they'll try to force you in many ways to pay your tax.

In this video, Andrew shares The nomad tax trap for non-Americans in 2022 answers on comments from viewers and shares his opinion on how you can legally lower your taxes this year.

00:00 Start
1:43 183 days tax rule
2:49 Tax residency
5:02 Where to move for lower taxes?
7:53 Exit Tax

Andrew Henderson and the Nomad Capitalist team are the world's most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best."

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Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle.

Our growing team of researchers, strategies, and implementers add to our ever-growing knowledge base of the best options available. In addition, we've spent years studying the behavior of hundreds of clients to help people get the results they want faster and with less effort.

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DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.