Tax optimization: A complex topic

Tax optimization is an essential part of this strategy. Through clever planning and use of international tax agreements, it is possible to significantly reduce your tax burden. However, it is important to emphasize that tax laws are very complex and country-specific. What is legal in one country can be illegal in another.

1. What is a perpetual traveler?

A perpetual traveler is basically a digital nomad who runs his work or business independently of location and thus travels the world. What is special about the strategy, however, is its long-term orientation: instead of just taking short trips, perpetual travelers often live in different countries for years.

How does tax optimization work for perpetual travelers?

183-day rule: Many countries have a 183-day rule. If you spend less than 183 days a year in a country, you are generally not considered a tax resident there.

However, you should also pay attention to the double taxation agreement, especially if you have German citizenship!

Double taxation agreements: These agreements between countries regulate in which country income is taxed.

Likewise, it is only effective if you come from a country that is not taxed on worldwide income based on your nationality, such as a US citizen or soon also a German, as the government is already planning to tax its citizens based on nationality.

The right strategy and planning specifically related to the individual customer is therefore an important thing, as incorrect planning can lead to high back payments or even criminal consequences.

2. Live and work in tax-free countries

There are plenty of ways to reduce your taxes to zero by choosing to live in one of the countries where you pay no taxes: Bahamas, The British Virgin Islands, Cayman Islands, Monaco, Brunei, Oman, Malaysia, Nicaragua, Panama,  and Caicos, Dominikanische Republik, Saint-Barthélemy (St. Barts), or Republic Vanuatu.

But here too, this only works if you are not taxed on your global income due to your nationality. So if you come from such a country but see no added value in continuing to pay taxes for this country, then it is clear what you have to do!

Buy a second citizenship from a country that does not tax on your global income! Like the Republic of Vanuatu, for example.

Disadvantages of these tax-free countries:
Either they are far away from your “last home”, or the cost of living is too expensive for the individual. If you are not a multi-millionaire, a long stay of several years in BVI, Monaco or the Bahamas would be difficult, not to mention the cost of obtaining a residence permit.

3. The most desired and practiced variant

  • You buy a second citizenship such as from: Greece (CBI), Turkey (CBI and RBI), Malta (CBI and RBI), St. Kitts & Nevis (CBI), Antigua & Barbuda (CBI), Saint Lucia (CBI), Dominica (CBI), or Vanuatu (CBI).
  • You receive citizenship due to an exception such as in Singapore, Serbia, Austria, Portugal and other countries.
  • You receive citizenship due to ancestry, marriage or because you have already lived in the country for a long time.

We can help you with all of these options from the application through to citizenship.

Now you just have to find a country of your choice that is a low-tax country.

It would also be important to consider with this strategy:

  • how high is the crime rate in the country?
  • What is the school system like, are there international schools there?
  • Is there a war-mongering government there, do my children have to be trained as soldiers and sent to die for other countries?
  • What opportunities do I have there to develop a business further?
  • What is the health care like there?
  • Can I survive in this country in an emergency, or is it solely dependent on importing food?
  • How safe and hospitable are the citizens there?


Note: No one who sits in their office and only sells citizenship programs, which is where they earn the most commission, can answer these questions. Nor can an international tax advisor or lawyer who has not even traveled further than their neighboring country.

We offer you personal advice, comprehensive knowledge of different countries and a network of local experts who will help you integrate locally. Unlike many other providers, we only recommend countries that we know and value ourselves. Because for us, your satisfaction and quality of life are our top priority.

We’ve helped hundreds of people move their businesses overseas, legally reduce their taxes, and become dual citizens. We are focused on high-net-worth individuals and their families as well as corporations wishing to invest their offshore companies or even secure their wealth in offshore financial centers around the world.

We will help you to find the best solution for setting up an offshore or onshore company. Another special area of our full-service consulting is the investment opportunity and solution in Europe, especially in the Balkans, Africa, Asia, UAE, the Caribbean and the Pacific.

If you are looking for it, please feel free to contact us. We create a holistic plan that serves your purpose.

TCME – Group worldwide is a leading professional International Business Investment and Advisory Firm for Foreign Economic Relations, with 17th. departments in different Countries around the world and the Headquarter in Malaysia.

GCI UNIT Worldwide, designs and implements customized, holistic strategies for successful investors and entrepreneurs to legally reduce their tax bills, diversify and protect their wealth, invest abroad, gain a second citizenship and live a freer life worldwide to lead.
We help you with the Application with our Team

Department GCI – Unit Global Citizenship Investment (GCI worldwide)
by TCME Worldwide Group – Global Investments –
Kuala Lumpur 50450, Malaysia

www.tcme.company

+382 69 150 130 Montenegro
+66 99091 8357 Worldwide WhatsApp/Viber/Signal/LINE

Email: [email protected]

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