Nomad Capitalist: A Book Retelling About Offshore Freedom, Second Passports, and Going Where You Are Treated Best

What if you found out you were paying way more taxes than you had to, living in a place that does not actually treat you well, and there was a whole world of better options you never even considered?

That is basically the pitch of Nomad Capitalist by Andrew Henderson. And honestly, whether you agree with everything in it or not, the book makes you think.

What This Series Is About

I am going to retell “Nomad Capitalist: How to Reclaim Your Freedom with Offshore Companies, Dual Citizenship, Foreign Banks, and Overseas Investments” chapter by chapter. This is not a word-for-word summary. It is my take on each chapter, what I found interesting, what I disagree with, and what actually makes practical sense.

Henderson built a whole brand around the idea that you should “go where you are treated best.” He left the United States, got multiple citizenships, opened offshore bank accounts, started companies in low-tax countries, and invested all over the world. This book is his playbook.

Why This Book Matters

Love it or hate it, the ideas in this book are becoming more relevant every year:

• Remote work is normal now. Millions of people can work from anywhere. So why stay somewhere that takes half your income?
• Citizenship by investment is real. Countries actively sell passports. Some for donations, some for real estate purchases, some just for living there.
• Tax competition between countries is a thing. Some countries charge zero income tax. Others give you a decade of tax breaks just for moving there.
• Your bank account does not have to be in your home country. Offshore banking is not illegal. It is just not talked about much.

Henderson is not a tax professor or a lawyer. He is an entrepreneur who tried all of this himself and documented what worked. That makes the book practical but also biased. I will point out both sides as we go.

What to Expect

The book is organized into four sections following what Henderson calls the FLAG theory approach. Each week I will publish a new post covering one chapter or section:

Enhance Your Personal Freedom

• Introduction: Shuttles are for Slaves
• Chapter 1: Five Magic Words - “Go Where You Are Treated Best”
• Chapter 2: How to Go Where You Are Treated Best
• Chapter 3: The Location Independent Lifestyle
• Chapter 4: Second Passports (2 parts)
• Chapter 5: Renouncing US Citizenship (2 parts)
• Chapter 6: Love and Family on the Road
• Chapter 7: Nomad Healthcare

Keep More of Your Money

• Chapter 8: Offshore Banking
• Chapter 9: Offshore Companies and Tax Savings
• Chapter 10: Foreign Asset Storage

Grow Your Money

• Chapter 11: Investing Overseas
• Chapter 12: Cryptocurrency
• Chapter 13: The Final Frontier - Frontier Market Entrepreneurship
• Chapter 14: Conquering Dogma

Taking Action

• Chapter 15: The Nomad Mindset
• Chapter 16: How to Get Started

About the Book

Title: Nomad Capitalist: How to Reclaim Your Freedom with Offshore Companies, Dual Citizenship, Foreign Banks, and Overseas Investments Author: Andrew Henderson ISBN: 9798461831486 Publisher: Nomad Books, LLC (2021)

Let us get into it.

Next up: Introduction - Shuttles Are for Slaves

This is part of my Nomad Capitalist series. New chapter every week!