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NOMAD NEWS

Neutralized, source-linked updates from nomad, tax, migration, and remote-work sources.

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📰 IMI DAILY
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Common Reporting Standard: How Financial Data Is Shared and How Tax Residency Affects Reporting

Over 100 tax authorities automatically exchange financial account data annually under the Common Reporting Standard, with the United States remaining the most notable non-participant. Changing tax residency is described as the primary legal mechanism for altering what financial information gets reported about an individual.

💰 Tax & banking Neutral 🇺🇸 US IMI Daily 1 month ago 0 comments
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Second Passport Limitations for Military Conscription Exemption

Approximately 60 countries currently enforce military conscription, and holding a second passport does not typically provide a straightforward exemption from conscription liability. Investors and dual nationals use specific legal and residency structures to manage conscription obligations across jurisdictions.

🏛 Residency & citizenship Watch IMI Daily 2 months ago 0 comments
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Portugal Minister and Lawyers Dispute Golden Visa Holders' Nationality Expectations

Portugal's minister stated that golden visa investors were misled into expecting a pathway to nationality, while lawyers representing those investors argue the state actively promoted and profited from the program before changing its terms. The dispute centers on whether the government broke commitments made to investors under the golden visa scheme.

🏛 Residency & citizenship Watch 🇵🇹 PT IMI Daily 2 months ago 0 comments