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August 31, 2023 | Welcome to the Weekly Rundown. Bali's latest opportunity - The Golden Visa Program

August 31, 2023 [image] [Event]() | [Your Citizenship]( Welcome to the Weekly Rundown. Bali's latest opportunity - The Golden Visa Programme. Indonesia is shaking up its immigration policies to attract international talent and entrepreneurs, aiming to simplify long-term visa processes. This initiative, launching soon, offers a range of benefits, including property ownership rights in Bali. Stay tuned for updates on this exciting opportunity that could reshape your future in Bali. Want to Work in Europe? Czechia Rolls Out Red Carpet for Digital Nomads [image]( In a groundbreaking move to attract global tech talent, the Czech Republic announces its specialized Digital Nomad Programme for top-tier IT professionals. This initiative, solely aimed at highly skilled digital nomads, offers residence permits to eligible foreign nationals, initially limited to countries like Australia, Japan, and the USA. The quick 45-day processing time and opportunity to bring family members showcase Czechia's commitment to becoming a prime hub for the world's tech elite. Read the full story [here](=). [image] Eyeing Bali? Here's Your Golden Ticket to Living Paradise [image](=) Bali, Indonesia's pristine getaway, is rolling out the red carpet for digital nomads and retirees. In a push to invite international talent, Indonesia's upcoming golden visa programme offers long-term residency and benefits like property ownership in Bali. Launching later this year, this initiative promises eased visa processes and a potential fast track to citizenship. While exact costs remain under wraps, the visa will likely demand a substantial financial commitment. Meanwhile, Bali also plans on implementing stricter tourism guidelines to preserve its cultural sanctity and natural beauty. Read the full story [here](=). [image] Eyeing Caribbean Citizenship? Important Changes You Can't Miss [image]( The Caribbean has revamped its Citizenship-by-Investment (CBI) game! Major shifts in requirements include increased investment amounts, obligatory interviews, and enhanced due diligence checks. Dominica now mandates a post-citizenship stay, while St. Kitts and Nevis have doubled their investment thresholds. Grenada has introduced interview requirements for applicants above 17. These alterations stem from global pressures to fortify financial security. Aspiring Caribbean citizens: stay alert, as more changes might be just around the corner. Read the full story [here](. [image] [image](=) UNCOVER THE BUZZ BEHIND THIS BEST-SELLER Step into the 21st-century blueprint for a diversified life, as penned by Andrew Henderson. Dive deep into adventures from 100 nations in the #1 hit, "Nomad Capitalist". Be part of the global movement that's captivating readers everywhere. *Available in 5 languages. [SECURE YOUR COPY]() Europe's Golden Visa Shutdown: Why Portugal's Move Might Be Your Win [image](=) Europe's renowned Golden Visa era, offering residency for investment, is seeing its twilight. The U.K., Cyprus, Montenegro, Ireland, and now Portugal, have all halted their programs, leaving potential investors in a scramble. While the European Commission isn’t fond of these programs, Portugal’s termination, especially, has sparked debate. Allegedly instigated by housing affordability issues, critics argue the program's impact on real estate prices is exaggerated. However, all isn’t gloomy: the end might herald new investment prospects as property prices potentially drop. Plus, countries like Greece, Spain, Malta, and Cyprus still flaunt similar offers. If EU residency through investment appeals, now's the time to strategize. Read the full story [here](). [image] UAE’s Ticket for Entrepreneurs: Golden Visa + Business Cost Cuts [image](=) The UAE's Golden Visa program, targeting entrepreneurs, is gaining traction, especially when combined with other cost-saving incentives introduced by the emirates. Business owners, particularly those with limited staffing, can benefit from a 12-month office rent waiver in Abu Dhabi. In addition, several free zones have slashed start-up expenses for new businesses. By emphasizing cost efficiency and simplifying business initiation processes, the UAE positions its Golden Visa as a top contender against global investment choices. The program also provides varied subcategories like 'real estate,' 'outstanding students,' and 'specialized talents,' catering to diverse professional backgrounds. Entrepreneurs can secure long-term residency by demonstrating an investment of no less than Dh500,000. Read the full story [here](=). [image] Biden's Bold Move on Digital Asset Tax Rules Explained [image]( The Biden administration proposes stricter tax reporting for digital asset intermediaries to combat tax evasion. The new Form 1099-DA aims to streamline tax calculations for digital platform users. This rule, equating digital asset intermediaries with traditional ones, includes both digital currencies and unique digital tokens. Originating from the 2021 Infrastructure Act, it's projected to generate $28 billion over a decade. Roll-out is planned for 2025, affecting the 2026 tax season. Read the full story [here](. [image] [image]( ELITES HAVE AN EDGE - STEP IN WITH THEM What are top entrepreneurs and investors leveraging to skyrocket their success? Unveil the Nomad Capitalist advantage: a world without borders, curated just for those bold visionaries who refuse to be confined. [BE ONE OF THEM]() British Workers Going to the Netherlands: It's Not Just About Tulips [image](=) The Netherlands has emerged as the top destination for British expats seeking work abroad, according to a recent ranking by InterNations. Valued for its positive work culture, the country scored high in career prospects, work-leisure balance, and job satisfaction. A notable highlight is the Netherlands' approach to work-from-home flexibility, even pioneering it as a human right. The results also indicated that over half of the expats believed their career prospects improved upon moving to the country. Europe remained a favored destination for working Britons, with Luxembourg and Sweden also in the top three. Read the full story [here](=). [image] From Past to Present: Navigating Expat Life in Mexico [image]( Janet Blaser, an expat who has lived in Mazatlán for two decades, recounts her journey in the city, contrasting her initial days filled with local charm to the now modernized version bustling with tourists. As Janet ventures deeper into local neighborhoods, memories of simpler times wash over her. However, witnessing a newcomer's fresh perspective and enthusiasm towards the city's evolution offers a fresh reminder of the essence and beauty of life in Mexico. Read the full story [here](. [image] Pandemic Late-Summer Surge: A Reality Check for America's 'New Normal' [image]() In the wake of a late-summer wave of pandemic infections impacting schools, workplaces, and local government, health experts caution the U.S. public to anticipate potential upticks this fall and winter. Recent data indicates a 24% rise in hospitalizations over a fortnight, but the majority of cases are mild. With the U.S. populace hesitant to revert to stringent precautions, this wave underscores that the challenge is still with us, altering our visions of a post-pandemic world. Read the full story [here](). [image] [image]() ONLY DAYS LEFT: DON'T MISS OUT Ready to meet fellow Nomad Capitalists? Kuala Lumpur is calling. Unlock exclusive citizenship and tax strategies, protect your wealth, and redefine your future. This is your moment. [WILL YOU BE THERE?]() Digital Dynamic: U.S. Tax Proposal Stir Debate in Decentralized Sphere [image]() As the U.S. Treasury Department rolls out its new guidelines for digital transactions, the tech industry promptly voices apprehensions. The heart of the debate on X (formerly Twitter) is the proposal's encompassing reach, targeting decentralized platforms some view as non-compliant. Feedback points to potential implications for digital wallet providers, decentralized exchanges, and secure contract setups, advocating for bespoke regulations that mirror the unique tech ecosystem. Yet, a brighter perspective emerges, hinting at clearer financial pathways for digital enthusiasts. Stakeholder feedback is open until October 30, with discussions set for early November. Read the full story [here](=). [image] [image]() WHY 1,500 TOOK THE NEXT STEP? The answers lie across 100+ countries. Are you ready to join them? [FIND YOUR PERFECT FIT NOW]() = = Feel free to check out our [SERVICES]( [ARTICLES]( [PODCAST]() [Manage Preferences]( | [Unsubscribe]( Nomad Capitalist LLC Kidnah, Block A Plot 4 Fujairah, Al Fujayrah United Arab Emirates (the) +1 (979) 966-6623

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