Is South Dakota still a good place to Domicile? [2024]

South Dakota, probably best known for Mount Rushmore (and being sparsely populated), has become more than just a flyover state. In recent years, it’s become a hotspot for digital nomads, expats, and RVers looking for a place to plant their legal roots and call home while they roam the

Nevada residency for nomads: benefits and requirements

Nevada, a state celebrated for its wild city life and serene desert vistas, is becoming increasingly popular as a place of residence – for nomads and stay-at-homes alike. Its unique combination of urban excitement and peaceful natural beauty (yes, Las Vegas is surrounded by beautiful natural red rock) offers a diverse

Tax breaks for American digital nomads and expats

Ah, the open skies — with a laptop and a drive to explore, digital nomads and expatriates venture out, combining adventure with the mundane task of earning a living. Part of that practical need is, of course, dealing with taxation.  The U.S. is the only country that taxes based on

Maximizing your tax savings with Foreign Tax Credit

Welcome to our definitive guide on the Foreign Tax Credit (FTC) - an indispensable financial tool for U.S. expats and digital nomads traversing the globe. In the confusing maze of global taxation rules, the FTC stands out as a beacon of relief, enabling American wanderers to offset their overseas

5 Easiest States to Establish Residency In

In a world in which mobility is increasingly valued, the concept of residency takes on new dimensions, especially for digital nomads and expatriates. That's right, all citizens (including expats) technically have a state of residence, actually, ‘domicile’. Domicile is more than just a place to live; it'

Foreign Earned Income Exclusion for U.S. Nomads and Expats

Disclaimer: While I am not a tax expert myself, as a frequent traveler and digital nomad I’ve researched the Foreign Earned Income Exclusion heavily. I’ve written this guide to help others and save them some time googling. That said, this is not tax or financial advice, and you

How to leave New York residency [Guide + FAQ]

New York is an iconic city, but its tax burden is heavy. Living and tax obligations are costly. For frequent travelers, digital nomads, and those looking to leave the city, the tax system can be notoriously hard to break away from. Breaking the tax residency bond isn't just

How to leave your California residency?

The Eagles famously sang, “Welcome to the Hotel California. You can check in any time you like, but you can never leave.”  Were the Eagles right? Just how easy is it to leave California?  Ah, California, the land of sunshine, opportunities, and ... high taxes? The Golden State, while offering a

Texas Residency: Benefits and Requirements

Hey there! Thinking about making Texas your new home sweet home? You're not alone! This big-hearted state isn't just about cowboy hats and barbecue – it's a hotspot for folks who live life on the go, like digital nomads, world travelers, and rockstar remote workers.

Florida Residency: Guide for Digital Nomads

The digital age fuels the nomadic lifestyle, blurring the lines between work and wanderlust. Yet, even if you don’t own or rent in the states anymore, traveling freely from AirBnb to Vrbo, there is still something tethering you back home —your legal domicile. A domicile is more than a

Domicile in South Dakota: Guide for digital nomads

In a world ruled by Wi-Fi and laptops, being a digital nomad isn't just a trend; it's a lifestyle. But as you roam freely, you realize there's something you can't escape: the intricacies of domicile and residency.  These aren't just

Florida vs South Dakota: Which domicile is right for me?

What does "domicile" mean for a digital nomad?  Domicile is often described as the place you "consider to be home." As a digital nomad, constantly on the move, you might feel you don't need a fixed “home." However, think again if: * You require