{NAME}, Portugal's NHR Survives 2023: What You Need to Know

Portugal's NHR tax benefits remain for expats into 2024 amid political shifts – seize the extended opportunity. November 9, 2023 [image] [Event]() | [Your Citizenship](=) Welcome to the Weekly Rundown. In a dramatic turn of events that sounds more like a political drama than reality, Portugal's Prime Minister António Costa has resigned amidst a swirling corruption scandal. But here's the silver lining: the shake-up in Portuguese politics means the much-debated Non-Habitual Resident (NHR) tax regime is set to stay, at least through the end of the year. Citizenship in Crisis? Unpacking Malaysia's Latest Law Overhaul [image]( Malaysia stands at a crossroads with proposed amendments to its citizenship laws sparking intense debate. Aimed at gender equality, the changes would allow Malaysian women to confer nationality to their children born abroad. However, embedded within are five contentious provisions critics label as 'regressive', feared to strip away protections and potentially deepen the crisis of statelessness. As the nation grapples with reform, we examine the delicate balance between progression and protection in citizenship rights. Read the full story [here](. [image] Portugal's Political Earthquake: NHR Tax Haven Stands Firm [image](=) Portugal is witnessing a political shakeup that reads like a suspense novel, as Prime Minister António Costa steps down amidst a gripping corruption scandal. Amid the chaos, there's a glimmer of certainty for expats and investors: the prized Non-Habitual Resident (NHR) tax regime is secure, against all odds, surviving the fallout and promising continuity through the storm. Read the full story [here](=). [image] Pack Your Laptop and Passport: Half the World Awaits Digital Nomads [image](=) The landscape for remote workers is transforming dramatically. A UNWTO study reveals that digital nomad visas (DNVs) are now offered by almost 50% of global destinations, acknowledging the rise of the digital wanderer. From Dubai's pioneering program to flexible tax policies worldwide, discover how nations are vying to attract the new wave of globe-trotting professionals. Read the full story [here](=). [image] [image]() NOMAD CAPITALIST LIVE: WHERE YOUR NEXT CHAPTER BEGINS Feeling stuck in the crowd? Yearn for a seat at the top table? Dive into the inner circle of world-class Nomad Capitalists. [JOIN THE WAITLIST]() Navigating Japan's Dual Citizenship Dilemma: A Legal Battle for Identity [image]( Yuri Kondo, after decades in the U.S. and becoming an American citizen, finds herself challenging Japan's strict dual nationality law. Despite the law, many like her quietly retain dual status due to enforcement gaps. Kondo's legal fight in Fukuoka aims to reconcile the law with the realities of a globalized society and address the personal conflicts it creates for individuals with multinational ties. Her case highlights the tension between national policy and personal identity in an era where multiple allegiances are increasingly common. Read the full story [here](. [image] Unlock Italian Paradise: Sicily's €1 Home Deal for British Expats [image]( Italy, with its stunning lakes and vineyards, has emerged as the most affordable European country for British expats to move to. Specifically, Sicily's €1 home scheme is a standout opportunity, allowing expats to buy properties for about 87p. This initiative is designed to revitalize deserted properties with the caveat that buyers must renovate within a set timeframe for residential or tourism use. Italy tops the list of budget-friendly expat destinations, followed by Greece, Portugal, France, Spain, and Germany. Read the full story [here](. [image] Malaysia's Dual Citizenship Debate: A Strategic Move to Win Back Talent? [image]() The Malaysian government's consideration of a dual citizenship policy heralds a progressive step towards addressing the nation's brain drain. If implemented with precise conditions, it promises significant benefits by retaining the intellectual and human capital of the Malaysian diaspora. While concerns regarding social welfare and national security are valid, structured regulations—like tax contributions for healthcare and welfare access, property ownership stipulations, and security clearances for sensitive occupations—could mitigate potential risks. Drawing inspiration from India's PIO and OCI policies, Malaysia aims to welcome back its diaspora, recognizing their irreplaceable contribution to the country's diverse tapestry, and reversing the intellectual exodus that has challenged its development. Read the full story [here](. [image] [image]( TIRED OF BEING SILENCES? IT'S TIME TO GO WHERE YOU'RE TREATED BEST Discover a world where your money grows and freedom isn’t just a word, but a lifestyle. Nomad Capitalist is your ticket to a realm of unbounded possibilities and zero constraints. [RECLAIM YOUR FREEDOM]( Expats Beware: The No.1 Country to Avoid Revealed [image]() A recent survey identifies Kuwait as the most challenging destination for British expats, citing poor quality of life, lack of personal expression, and healthcare issues. Other countries like Norway, Türkiye, and South Korea also make the list of less desirable locations for British nationals seeking to live abroad. Read the full story [here](). [image] From Manila to Madrid: Bea Alonzo's Golden Ticket to Spanish Residency [image](=) Bea Alonzo, celebrated Filipino actress, has stepped into a new chapter of her life by securing a Spanish residence permit through the Golden Visa program. A year after investing in a property in Madrid, Alonzo can now officially call Spain her second home and is on the path to citizenship. The Golden Visa not only grants her the freedom to travel within the Schengen Zone but also promises an upgrade from the Filipino passport, which ranks 124th in strength, to the Spanish passport—world's third strongest. This move could significantly expand her global mobility, allowing visa-free access to 105 countries. The actress shared her excitement in a recent vlog, as she plans to explore Europe and settle into her new Madrid residence. Read the full story [here](). [image] Germany's Citizenship Reform on Hold Amidst Antisemitism Concerns [image]( The anticipated modernization of Germany's citizenship law, which would shorten the residency requirement for naturalization and permit dual citizenship, has been unexpectedly paused. The delay follows a rise in antisemitic incidents in the country and debates over how new legislation might affect efforts to counteract these trends. The Free Democratic Party (FDP) and Christian Democratic Union (CDU) have expressed concerns, with the CDU calling for future citizens to recognize Israel's right to exist as part of the application process. This development reflects the complexities of balancing immigration reform with social and political challenges in Germany. Read the full story [here](. [image] [image]() HIDDEN IN YOUR HERITAGE: A PASSPORT JUST FOR YOU Did your family tree leave you a global gateway? Discover it now. [CHECK YOUR ELIGIBILITY]( Ukraine Embraces Dual Citizenship for Global Unity [image]() Ukrainian Foreign Minister Dmytro Kuleba has advocated for the adoption of multiple citizenship as a strategic state policy to foster the growth of the global Ukrainian diaspora. This approach aims to expand the influence of the Ukrainian passport and ensure the country's connection with Ukrainians worldwide. While the idea is to start with allied nations, Kuleba emphasizes the importance of prohibiting dual citizenship with hostile states. The move, still in its legislative phase, reinforces Ukraine's commitment to its global community amidst ongoing conflicts. Read the full story [here](. [image] [image](=) WHY 1,500+ TOOK THE NEXT STEP? Over 1,500 did more than just dream. They discovered their global fit. [WHERE IS YOURS?]( = = 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