Perpetual Travel - What are Tax & Legal Consequences of this Lifestyle? 

This is a slight misunderstanding. The "perpetual traveller manifesto" I've mentioned was a kind of early guide to what you do: set up lifestyle and taxes optimally, not trying to avoid taxes in such a strange manner. It was something like " earn where the prices are high, invest where there's no capital gain tax, spend where there's no VAT, live where you money buys the most"

Very clear. THanks !

VERY timely, VERY useful! Thank you

I love that he is always high. Happy 4/20

3 months in Australia, 5 months in Mexico, 3 months in the EU and 1 month in the Philippines. Year 1. 3 months in New Zealand, 5 months in Panama, 3 months in the EU, 1 month in Thailand year 2. 5 months in England, 3 months in Colombia, 3 months in the EU, 1 month in Vietnam, year 3. 5 months in Canada, 3 months in Chile, 3 months in the EU, 1 month in Cambodia, year 4. In year 5 repeat from year 1 while living in rentals the whole time. You get to spend time each year in first language English speaking country, you get a good taste of Latin America, you get a good taste of Europe each year while bouncing around the Shengen region. You get a good taste of Southeast Asia each year. If you are an American this would be the plan. If you are from any of the other Anglo countries you skip them and replace with the US. If you have established tax residency elsewhere severing the ties in one of those Anglo countries, maybe you limit your time spent there a bit more. You can also add year five 3 months in Ireland, 3 months in Argentina, 3 months in the Shengen, and 3 months in Malaysia. You could also add a year six to the mix if you aren't American, 90 days in the US, Canadians could make that a bit longer and go to maybe 4 or 5 months, but why risk the US tax trap, 3 months in Peru or maybe 5 depending on your citizenship & visa free travel there, 3 months in the Shengen, of course always be in different countries in Europe. I mean Italy one year, Spain another, Portugal another, Slovenia, Czeckia, Germany, Denmark, with so many to choose from staying out of each individual country's tax net should be avoidable, maybe a month in Bali, Indonesia in year 6. Also maybe more time in SEA and less time in LA, maybe less time in EU & more time in SEA. Maybe less time in Anglo countries and more in Mercosur, or the Caribbean. I think if you do slow travel correctly you can get good access each year to native English speaking countries, good access to the EU or Europe in general and good access to Asia and Latin America every year without running out of countries or ever even needing a visa, or at the most spending very little on visas mostly in SEA if you include it in your itinerary as a person with a western passport or a passport that has good access to Canada, Australia, New Zealand and the USA, ie someone probably watching an English language RU-vid channel on this subject. Hell when it comes down to it you have a few other English first language countries like Jamaica, St Kitts & Nevis, Antigua & Barbuda, the Bahamas, St Lucia, Barbados, Grenada, the BVI, the Caymans, Turks & Caicos, and Anguilla you can add to the mix as well. I mean if you speak English & Spanish you can go pretty far with this plan because Spanish opens up a lot of space in Latin America and Spain while English gives you the Anglosphere, but also a fair portion of Europe and Asia too. I mean more people in the Philippines speak English than speak English in the UK. That is not to say they all speak it as well as UK English speakers, or in as high a percentage, but more actual human beings speak English in the Philippines than in England.

I was told by a Canadian tax firm specialized in international taxes (Trowbridge) that once you become a tax resident somewhere else and file your final tax return in Canada, considering everything is done properly, after that you're 'off the hook' as far as the CRA goes. Technically you could become resident of nowhere the following year(s). In your experience, is that the case? Cheers mate, great content as always.

Thanks man. Could a Canadian perpetual traveller continue to invest in Canadian stocks through Canadian brokers in unregistered accounts and not pay a withholding tax? What about registered (ie TFSA/RRSP)? I know there is a 1% penalty per month for non residents, and a cessation of increased contribution room. But if I'm out of Canada for a few years travelling around, have some secondary ties and intent to return, and no other residency, can I just continue to pay all my online source income tax to Canada, and then invest like a resident? I think a perpetual traveller would be considered a "deemed resident" according to the CRA, but I'm having a hard time find out if perpetual travellers and/or deemed residents can invest like factual residents. I may have accidentally taken residency in a high tax EU country IRL 😅, but my question is assuming I am not a resident anywhere else.

I’m very lucky to not be an American. 😬🤐

Even though I like the idea of this, I don't find it as practical. I prefer to have an actual place of residence, the address, bank accounts, local ties, etc.

I look forward to the day when someone with a St. Kittian Citizenship & a Starlink connection on their Cayman Islands flagged Yacht runs the US LLC owned by their Laubuan Holding Company from the deck of their vessel perpetually out to sea in international waters.