If you want to legally avoid tax as a nomad, more often than not, it will take more than just leaving your country.
If you don't take the proper steps and fill out proper forms to become tax non-resident, there is a good chance that it will cost you down the road in back-tax.
This is the trap nomads fall into all the time.
You should stay informed about tax laws of your country and then do what's necessary to have a base in a foreign country of your choice.
Andrew explains how to stay away "The Nomad Trap" and make sure you legally avoid paying tax to a country you don't live in.
Understanding this is exceptionally relevant right now since so many countries are changing their tax laws, and to avoid this nomad trap, you need to be in the loop.
Keep watching the video to get all the details and remember to subscribe for fresh information on how to reduce taxes, have more freedom and keep more of your money.
------- ABOUT NOMAD CAPITALIST
Andrew Henderson is the world's most sought-after consultant on legal offshore tax reduction, investment immigration, and global citizenship. He works exclusively with six- and seven-figure entrepreneurs and investors who want to "go where they're treated best".
Andrew has spent the last 11 years studying and personally implementing the Nomad Capitalist lifestyle, and has started offshore companies, opened offshore bank accounts, obtained multiple second passports, and purchased real estate in a total of 20 countries.
He has also spent years creating a behavior-based system that helps people get the results they want faster and with less resistance. Andrew believes that everyone can use offshore strategies to keep more of their own money, live a life of freedom, and grow their wealth faster.
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.