General 🌎
Banking for Expats in Paraguay: Is Ueno Bank a Game Changer?
For expats in South America, especially those following the Flag Theory, the goal is to plant as many flags as possible—especially when it comes to banking. The more international bank accounts you have, the better protected and flexible your finances are. Free online banks have made this easier than ever. For the longest time, Paraguay…
Read MoreHow to renew your Foreign-Owned Single-Member US LLC (Step-by-step guide)
If you’re a digital nomad aiming to set up an efficient tax structure, you may have already established a foreign-owned single-member US LLC to enhance your financial strategy. Keep in mind that to renew your LLC it involves annual responsibilities that are simple to manage once you learned them. This article provides a brief overview…
Read MoreEssential Travel Tips for Your First Trip to South America
Your first day in a new city can be overwhelming, especially when you’re unfamiliar with the language and culture. As a newcomer to South America, you’ll find yourself surrounded by new experiences — the unfamiliar scents, the vibrant colors, and the lively sounds can be almost too much to take in at once. To find…
Read MoreWhat I Learned in 4 Years of Nomad Living in South America
I always thought I was a good planner, but life often teaches us lessons that we can’t prepare for. In 2018, my partner Paul and I decided to quit our jobs, sell our belongings, and travel the world as nomads. We gave ourselves two years. During this time, we prepared all the necessary things and…
Read MoreCity Life or Country Living: Paraguay Real Estate Guide
(This article on Paraguay real estate was originally published on HaveYourAdventure.com) When it comes to finding a safe home or investment property in Paraguay, two key options stand out: urban apartments in Asuncion and gated, lakefront properties by Lake Ypacarai. Whether you’re looking for city conveniences or countryside peace, both choices offer security and a…
Read MoreTax Benefits of Foreign-Owned Single-Member US LLC for Non-Residents 🇺🇸
Are you a non-resident looking to take advantage of the many tax benefits of forming a US LLC (Limited Liability Company)? With a territorial tax system like Paraguay, establishing a foreign-owned single-member LLC can be a lucrative opportunity for your business. In this blog post, we’ll explore the advantages of forming a US LLC and…
Read MoreUsing the Flag Theory to Create a Global Presence and Reduce Taxation as a Digital Nomad
The flag theory is a strategy that has been used by entrepreneurs and high-net-worth individuals for many years to help them create global businesses and to reduce their tax burden. But it can also be helpful for digital nomads with small businesses like yours! Essentially, the flag theory involves establishing multiple business entities…
Read MoreHow can you do it? As Digital Nomad around the globe!
I left Europe in search of a free Digital Nomad life that allows me to live abroad and work remotely. It took two years of essential research, preparation and self-work to understand what I need to get done to live the life I had dreamed of. How do you start to transform your…
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