Tax Planning For Fiscal Nomads and Perpetual Travellers
These individuals are known by a variety of names including Fiscal Nomads, Perpetual Travellers and Cyber Gypsies.
The basic principle is to exploit the residency rules in a number of countries so that you're not caught by any one country's tax net. Most people will do this by either travelling continuously or basing themselves in a handful of countries and only spending a few months in each. Providing care is taken as to the length of stay you could simply be treated as a tourist in each country and be exempted from any requirement to pay income tax.
In this guide we look at how you can achieve this and the tax planning benefits and issues involved.
Key issues covered include:
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