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Question to the crowd. What if you are not staying more than 3 months in a country, per year? Where are you tax resident? Are you even legally resident somew
by cygnus 10y ago
Question to the crowd.
What if you are not staying more than 3 months in a country, per year?
Where are you tax resident?
Are you even legally resident somewhere?
Should you even pay taxes? Who is going to catch you?
Honest question. I'm not American, part time nomad, paying taxes but thinking about the uselessness of doing so quite often.
- ju-st 10y agoI recently read this article [1] from a digital nomad. He founded a LLC in Hong Kong where offshore profits are not taxed so apparently your LLC in HK doesn't pay any taxes. And he is not a tax resident anywhere. https://wirelesslife.de/unternehmensgruendung-im-ausland-meine-erfahrungen-mit-einer-limited-hong-kong/ https://wirelesslife.de/unternehmensgruendung-im-ausland-mei...
- cygnus 10y agothanks!
- mvip 10y agoThere's something called 'Fiscal nomad' or 'Tax nomad'. This basically means you don't pay taxes anywhere because you don't live anywhere permanently. Since most countries will only allow you to stay for three months per year, this means that you need to rotate through at least four countries per year. I would imagine that the viability of this largely depends on what country you're a citizen of.