The Nomad Trap: Why Many Digital Nomads Are Not Tax-Compliant at Home
The founder of Nomad Capitalist, Andrew Henderson’s mission is to help entrepreneurs legally reduce their taxes, grow their wealth, and build more freedom by “going where they’re treated best.”
He travels about 25 countries every year in search of so called “the new safe havens”; places where you can start a business, bank, make investments, and do some other cool stuff to achieve those goals. In the 21st century, you no longer need to - nor should you - have your business, bank accounts, employees, and everything else in one country. Instead, you can “plant flags” around the world to enjoy the benefits of diversification.