How to Live TAX FREE as a Digital Nomad (LEGALLY!) 😎 Best Tax Residencies for Remote Workers

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If you want to legally live tax free as a digital nomad, this video explains to you exactly how to do it. Thanks to the flexibility of remote work, it is possible to avoid paying income tax, corporate tax and capital gains tax by strategically relocating your tax residency.

In this video we explore the best tax residencies for digital nomads, focusing especially on those that have:
Very low minimum stay requirements
Easy criteria to obtain residency
A fast and smooth process to obtain residency

Some of the countries that we have considered include Paraguay, Panama, Dubai, Cayman Islands, Hong Kong, Singapore, Macau, Nicaragua and Monaco.

Thousands of digital nomads every year pick these country to enjoy their tax benefits. Once a resident, you can free yourself from the tax burden of your home country. This means having more money to invest on your online business and to travel the world, with a very small up-front cost to complete the residency process.

00:00 How your residency affects your taxes
01:29 How to pick your new tax residency country
03:14 Best tax residencies for digital nomads
05:05 3rd Best (Dubai)
06:18 2nd Best (Nicaragua)
07:32 Best Overall (Paraguay)
08:38 Cancelling your previous tax residency