🇪🇸 Get Paid to Live in Spain? 💰

June 29, 2023 [image] [Event]()| [Become our Client]( Welcome to the Weekly Rundown. In an exciting development, HSBC Hong Kong, the region's largest bank, has become the first to permit trading of Bitcoin and Ether ETFs. These advancements in Hong Kong are in stark contrast to mainland China's continued cryptocurrency ban, leading to speculations of a potential future thaw. Meanwhile, in the U.S., the SEC continues to review numerous applications for a spot Bitcoin ETF. This move by HSBC Hong Kong was celebrated in the crypto world, with some suggesting Asia is beginning to overtake the U.S. in the crypto race. PwC Australia's Dollar Deal: Sells Gov Unit Amid Tax Scandal [image]( In a wild turn of events, PwC Australia, embroiled in a tax scandal, is selling its government services business to Allegro Funds for just $1 AUD. This decision stems from a leak by a PwC tax expert, which has triggered a potential criminal case. The sale, effectively an exit from government advisory work, marks a major shift in the company's operations as they attempt to navigate the scandal and protect the jobs of 1,750 employees in the process. Read the full story [here](. [image] HSBC Hong Kong Initiates Bitcoin, Ether ETF Trading [image]( HSBC Hong Kong is now allowing trades of Bitcoin and Ether ETFs, according to reports from crypto outlets The Block and CoinTelegraph. This development makes HSBC the first bank in the region to do so. This comes after the region's banking regulator pressured several large banks in Hong Kong, including HSBC, to accept crypto exchanges as clients. The move has been well received within the crypto industry, with CEO Tyler Winklevoss noting that Hong Kong is outpacing the US in the adoption of crypto ETFs. Read the full story [here](. [image] Vienna Crowned Top Spot Again in 2023's Most Livable Cities [image](=) Vienna, the enchanting Austrian capital, holds its ground as the most liveable city in the world for 2023, according to the Economist Intelligence Unit (EIU). The EIU ranking, which assesses factors like healthcare, education, stability, and environment across 173 global cities, saw Vienna praised for its robust infrastructure, cultural vibrancy, and exemplary education and health services. Trailing behind Vienna, Copenhagen, Denmark secured the second spot. Australia's Melbourne and Sydney made a comeback to top ranks, while Canada and Switzerland had multiple entries in the top 10. However, European cities like London and Stockholm experienced a significant drop in their positions. Read the full story [here](. [image] [image]( NOMAD PASSPORT INDEX Discover the world’s best passports for 2023. We rank the best citizenships to have in an ever-changing world. Search for your desired country to explore its passport or Browse All Passports. [SEARCH HERE](=) Spanish Town Pays Brits to Relocate, but With a Condition [image](=) Ponga, a town in northwest Spain, is offering a cash incentive of £2,600 (€2,971) to each Brit who relocates there. This initiative aims to strengthen the local economy and follows similar trends seen in rural Italian areas. Additionally, for each baby born in the town, a further £2,600 is provided. However, there's a catch: those who avail of the offer must commit to living in Ponga for at least five years. Such schemes have been implemented across Europe to combat depopulation and stimulate stagnant local economies. Read the full story [here](=). [image] Naples Bans Large Superyachts Over 75 Meters, Upsetting Billionaires [image]( Naples, an Italian port city, has imposed a ban on docking of superyachts exceeding 75 meters in length, leading to significant dissatisfaction among billionaires. The new rule, introduced for security reasons, is expected to have considerable repercussions on tourism. High-profile personalities like Leonardo DiCaprio, Johnny Depp, Jeff Bezos, and Jennifer Lopez are among those who may be affected. Bernard Arnault, the world's second-richest man, was one of the first to encounter the new regulations when his 101-metre-long, six-deck yacht was prevented from docking in Naples. The rule will be enforced starting this summer season. Read the full story [here](. [image] Germany's New Law Aims to Facilitate Skilled Workers' Immigration [image]( Germany is expected to pass a law to make it simpler for skilled workers from non-European Union countries to immigrate for work. The proposed legislation, which could raise the number of foreign workers by 60,000 annually, intends to tackle Germany's current labor shortage. The law provides three pathways for foreign workers to enter Germany, including demonstrating a recognized professional or university degree and an employment contract, having a minimum of two years' experience and relevant training, and a new "opportunity card" for workers who can potentially find work in Germany. In addition, regulations for job-seekers from Western Balkan countries have been extended, allowing Germany to recruit up to 50,000 workers annually from these nations. Read the full story [here](). [image] [image]() NOMAD TAX MAP Explore the tax rates and details for countries using our interactive tax map. Click the country to reveal its tax information. The greener the color, the better the tax situation for that particular country. [EXPLORE]() Millionaires Favor Cash; Not Ideal for Average Investors [image](=) According to a recent CNBC Millionaire Survey, millionaires have increased their cash and cash-like investments over the past year. The shift is partly attributed to higher interest rates making cash holdings more attractive. However, financial advisors caution that this strategy might not be beneficial for average investors, especially if they do not require the money for emergency funds or large short-term purchases. The report also highlights that while cash accounts can yield roughly 5% interest, with inflation at the same rate, the net gain is neutral. Ultimately, for long-term investments, stocks have historically outperformed cash and bonds. Read the full story [here](). [image] Brits Eye Foreign Retirement Amid Rising Living Costs [image]( With living costs increasing in the UK, a survey reveals 79% of British pension savers envision retiring abroad. A money transfer firm, Wise, suggests improved weather conditions and lower living costs are major factors driving this trend. The most popular retirement destinations are Spain, Australia, Italy, and France. However, those contemplating such a move must consider their tax position and potential impacts on their state pension. A managing director at a tax consultancy firm, Sestini and Co, advises understanding tax implications in both the UK and the chosen foreign country, along with considering the effect of becoming non-resident for tax purposes in the UK. She also provides information on foreign tax incentives and explains how UK pensions could continue to be subject to UK tax. Read the full story [here](. [image] Water Dominates Yet Paradise Unfolds in These Archipelagos [image](=) Archipelagos offer an abundance of coastlines and unique experiences. The Maldives, which consists of over 1,000 islands and is 99% water, offers CROSSROADS Maldives, the country's first multi-island leisure and entertainment destination. Meanwhile, in the U.S., the town of Marathon, situated on a dozen islands within the Florida Keys, is fast becoming a popular destination. Lastly, the UNESCO-designated subtropical paradise of Amami Oshima in Japan, with its eight islands, lush rainforests, and coral-rich waters, offers a slower pace of life. Read the full story [here](. [image] [image]() [image] EAGLE HAS LANDED We've booked a new speaker. A titan. A game-changer. Big reveal? July 1st. Mark it. [BOOK YOUR SEAT]() Biden's $42 Billion Broadband Fund to Make Impact by 2026 [image](=) The US Federal Communications Commission reports that approximately 8.3 million homes and businesses are without high-speed internet. In response, the government has pledged $42 billion to expand high-speed internet access through the Broadband Equity, Access, and Deployment (BEAD) program. However, the rollout will be incremental, with the funds being released to unconnected counties over 18 months. Due to the time required to install the internet infrastructure after funding, most of rural America may not get faster internet until 2026. The Biden administration aims for nationwide high-speed access by 2030. Read the full story [here](=). [image] [image](=) Create and Implement Your Own Bespoke Global Citizenship Plan [CREATE YOUR BESPOKE PLAN]( = Feel free to check out our [SERVICES]( [ARTICLES]() [PODCAST]() [Unsubscribe]( Nomad Capitalist LLC Kidnah, Block A Plot 4 Fujairah, Al Fujayrah United Arab Emirates (the) +1 (979) 966-6623