Nomad Capitalist

This "company" and Mr. Henderson is all fraud.Don't waste your money. I'm ashamed to admit how much I lost. All my money gone and nothing is done. This is straight fraud! Year of emails and empty promises and now they wanted another 20k to continue. All they did is organized docs I sent them in Google file. Don't do it, people. Not worth it!

100% regret the decision to give them a $24,000 deposit which they are refusing to return, even though I have written proof that they provided me with incorrect information.

These negative comments are all true. They will delete comments that they can, but trust your gut. They hide the fact that they charge $24,000 USD for a PDF and then want to charge you over $50,000 to complete the plan. Costing over $70,000 in total.

Before proving me with my PDF, they quoted me incorrect information about how long I was able to reside in Canada. I called the CRA because I knew that what Nomad Capitalist was telling me didn't seem right, sure enough, it was false information and I was about to move my life to a new country based on this false information.

Please please please avoid this company at all costs. There are other companies out there. I'm now working with tax lawyers in Canada, the USA and Europe that know exactly what is going on and how to properly handle my situation. Do not waste your time or your money.

In our initial call I was quoted $24,000 USD to establish a new tax residency. I took the cautionary step of confirming by email that this $24K would cover not only the planning document, but all steps required to actually obtain the new tax residency. Nomad Capitalist confirmed this in writing. They said they needed the money upfront to proceed and I sent it. After the money was sent, I was informed that it would actually cost $59,000 USD, in other words an additional $35K to proceed. No reason was given for the almost 150% price increase. When I said this was unreasonable and in breach of their promise to me and asked for my money back, I was first ghosted for a number of weeks and then informed that the $24K I had already sent was non-refundable. A pretty standard bait-and-switch scam, the only difference here being that they've done a great job of marketing themselves as trustworthy via their books/podcasts/Youtube videos, etc, so I trusted them. Don't fall for it!

Do yourself a favour and steer as clear as you can from these guys. There are plenty of trustworthy local experts in whatever jurisdiction you're interested in moving to, and those local experts will know people in your home country to help you on that side as well.

I want to warn people to avoid NC at all costs! While there are people with good things to say, most of them just do mot know they have been scammed. RED FLAGS are they demand money be paid before they start work, and their offices are in 3 rd world nations. They promise almost anything until you send them the money. Then you get a pretty written plan that sounds very impressive until you try to apply it. Then you find its based on old and false information. They promised me in writing clients were free to tell about our experience, but I saw the contract forbids it! So RUN AWAY from this lying deceptive company.
To respond to Nomad, I begged for amendments to make things workable, but Nomad refused, and blocked me on Telegram. I've sent many emails, but no response. Nomad just did not want to put in much effort. Also, I see them still putting out OLD info on Georgia, and Serbia. Prices can be over 5 times higher now because of the Ukraine war. Also, Serbs HATE every single person from US, UK, countries that were part of intervening in the wars in the 90s. I checked it out, and IF you are US, you will hear about it all the time, no matter how much you apologize. Nomad should at least make their customers aware of this, stop hiding it. Serbia is now VERY UNSTABLE, but you won't see videos from them about it.

Paid $18,000 to get white glove service and a personalized plan. What I received was missed meetings, ignored emails, a complete lack of respect and a very generic plan worth basically nothing. Incredibly disappointed. Never felt more cheated before in my life

After Andrew's team missed calls with me (they literally stood me up on planned calls), there was no way I had confidence to hire him to actually implement my plan.

Here's the deal: Andrew Henderson is a marketer who makes YouTube videos where he sells fear. He funnels that fear into a stream of people looking for help who he cheats out of their money. Because he's international, he has no fear about cheating you. He does it with impunity and could care less about his clients.

Avoid Nomad Capitalist and Andrew Henderson at all costs. They are scammers looking to make a quick buck. Unfortunately I was the sucker this time. But hopefully this review helps others avoid this con man

Have been in human behaviour psychology for most of my life and can tell you 100% that Andrew Henderson is a narcissist and a scan artist. Has he helped people, I'm sure he has but figure this out. You pay $24k to get a "plan" that is tailored to you. Then you have seven days to decide to move forward with the plan in order to use some of the money towards the plan implementing. IF you don't, if a family member dies and you can make it, you are out of luck. So no matter what you are out $24k for a plan that honestly is totally worthless. It's a completely waste of time/money as most of the information you can find on your own. The plan itself is worth maybe $2500-5000...maybe, the rest is just profit as they are literally taking items they've already told to others and just putting the same thing together for you. It's not specialized towards you at all, just generalized again based upon a set of metrics that you specifically want. These metrics are the same for others, so again, they are taking previous info and just putting it together based upon you. It's not like any new information is being presented that is so earth shattering, no one else has it. THEN if you complain about the process and the money you spend, they complain back and come with any reason possible that you are wrong. And no, you never get your money back. I am working to find the other suing Andrew Henderson and Nomad and will join them. Also, may take a trip to Georgia to talk to Mr Henderson in person with a few friends.

Now, I'm sure Nomad will come on here and claim "Mr so and so, we don't recognize your name in our database..." which is just their way of trying to defect in a very poor childlike way.

Three interactions with this company:

1. I had an intake appointment and no one showed up for the call. I emailed and complained twice and got no response.
2. I wired money for the Nomad Capital Event and two weeks later was told that they had to refund my money because the event was for "new and prospective clients". When I emailed back and said I am a new and prospective client they said "sorry for the inconvenience" and offered no other explanation.
3. They asked me to email my account and wire information in an unsecured email to issue a refund! This is a WARNING SIGN TO NOT WORK WITH THIS COMPANY.

The objective definition of stupidity is when a person or company harms themselves and hurts their clients,. By this definition Nomad Capitalist is STUPID.

Copywriter spam in order to increase positions in the search. Please remove this sh*t from the search.
All that I highlighted in blue - why all this nonsense?

I was first referred to Nomad Capitalist via a friend in mid-2019.

After watching several videos and reading several of their articles, I decided to apply. I was later "accepted" and began going through the first couple of typical sales calls.

At the end, I paid roughly $40K for a plan that included setting up two companies, two company bank accounts, a personal residency, and three personal bank accounts.

I took trips to three different countries in the first few months to get everything setup, and I was pretty happy with the experience at that point. Everything was getting completed very quickly, and NC were on point with every question I had.

Then came March 2020, the lockdowns.

This, and one other factor, meant that I was unable to check off the last thing on my list, my residency. NC assured me that the "12 month support" window would be extended, but the replies gradually became more blunt, and more spaced apart.

If they had kept up their initial pace, this would be a 5-star review.

I also asked for another LLC to be set up in the beginning of 2021, which cost about 10% of the package price I originally paid.

This is where it went completely off the rails.

They set up the company under a random mailing address that I didn't have control over, so I wasn't able to receive any important mail. The LLC wasn't setup under my already existing registered agent account, and worst of all, they didn't even tell me it had been incorporated. I found out a year later (I never ended up needing the LLC), when they sent me a renewal reminder.

When trying to fix the issues, it often took 2,3, or even 4 weeks for a reply that never answered my main question, and in the end, they just stopped replying altogether.

Now, this might just be applicable to how they treat smaller orders, as the "complete package" is their main sell.

Nevertheless, I can unfortunately no longer recommend them, despite still using most of the setup they organized for me.

Nomad Capitalist is a FRAUD, plain and simple. I paid thousands of bucks for a piece of useless paper. He presented nothing new. In fact, I know more about the offshore world than this joker. If you want to live in Georgia (no thanks), bank in Armenia (no thanks), buy some cheapo apartments in Montenegro/ Colombia (no thanks), then this is your guy. If you're a real 8 figure entrepreneur like me, you require a professional offshore company to handle your affairs, which i've eventually found. Andrew is interesting enough to sit and watch a few Youtube videos, but DO NOT make the mistake of hiring this guy. He's a full time CON ARTIST. I wish i'd done some proper research on him before paying up. There's bad reviews on every site ive been on, but it's too late for me. Apparently he's getting sued by former clients. I'm looking into it. We can't let this guy keep doing this.

Hello!

I only recently discovered Nomad Capitalist, and I am extremely impressed with the quality of their articles!

The article on countries with greater free speech rights than America was not only informative, it also left me with the takeaway that we can do more to make America even more free than it already is...

In reading their collective work, article after article shows a strong effort to dig up the whole story, and distill it down to the strongest points of interest.

Keep up the excellent work!

If you're looking to work with a psychopath whose sole purpose is to take as much as money as possible from you and drag along your process forever, then congrats- this is your man.

If not, please just walk away.

I pitty the girls (yes, they are all 20 something girls from Serbia who he probably abuses in his free time) that work with him and have to put up with his character.

Nomad Capitalist is an elaborate scam based on paying money upfront. They look for gullible people with some money to spend. The best you get is a piece of paper where they advice you to get an Algerian(!) passport (because it's not US!). Most people get out at this stage, but they already paid 70-80k USD.

Before you sign up to do anything with Nomad Capitalist, read the 1* reviews on here. They expose the real truth about Andrew and his scam business. All the 5* reviews are clearly written by Andrew and his staff/ cronies. Before I paid him a fortune to work out my plan (which failed spectacularly!) I tried to find honest reviews about Andrew and his work. I couldn't many reviews online about him but I was impressed by his YouTube channel. What I failed to realize was Andrew is purely a marketeer whose sole purpose is to extract as much money from people as possible. That's why he spends the majority of time making YouTube videos. He convinces so many people to sign up to his plans, then doesn't execute on any of them. His guy has zero ethics! I regret even contacting him in the first place.

I worked with Nomad Capitalist and the experience was dreadful from beginning to end. I want to let people know the truth and then you can make your own decision. I'll go through what you can expect below. This isn't just my experience, but also the experience of at least four other clients I'm aware of and have spoken to.

1) Pay a $500 deposit for a call with Andrew. You feel great to know you are soon going to be speaking with the man himself, and finally getting your situation sorted.
2) At the end of that call, you either pay him $10,000 over the phone for a 'plan document', or you walk away. He makes sure to mention that walking away means he won't engage with you again if you change your mind. Classic pressure tactics to coerce you into thinking you have no other choice put to pay there and then. Andrew is very convincing and says all the right things on the call.
3) You wait 2-3 weeks for a 'plan document' to arrive. You soon realize this is made up of 75% boilerplate content, copy and pasted from a template. It appears Andrew fires over a few action points to his planning team (one girl) in Serbia after the call and she then copies and pastes that blurb into a document, makes it look pretty. This is where the 'pushing' you into a certain direction will occur. That direction is usually what's easiest for Nomad Capitalist to practically get done, as quickly and cheaply as possible. Usually involving lots of obscure countries/ banks etc.
4) On the last page of the 'plan document', the execution prices will be listed. From what I can gather talking to other (very unhappy) clients, the usual fee is between $50,000 and $65,000. My fee was in the higher part of this range. This fee is totally separate from the document fee.
5) Although you're not entirely convinced by the plan, you still hold out hope that the plan will come together, and Andrew knows what he's doing. You listen to Andrews, it's now or never pitch, so you agree.
6) You pay the tens of thousands of bucks on the promise that your plan will be complete in just a few months from now.
7) By this point Andrew is long gone. It is important to note that Andrew is literally only the marketing face of Nomad Capitalist. His job is sales. You are quickly passed off to unqualified individuals spread across Eastern Europe. I really feel sorry for his staff because they are on the front lines dealing with all these clients and giving excuses for why things aren't going to plan. I personally know many staff are unsatisfied by how Andrew runs his business. His staff retention rates are terrible, so you'll be passed around from person to person.
8) Week 1 will involve you giving these random staff all your most important information and documents. All your sensitive information will go onto a cloud platform. No one explains the process to keep these extremely important documents safe. The staff are based in co-working spaces, so security isn't tight. You don't ask questions because you just want to sort out your affairs. Hell knows what happens if something goes missing?
9) Week 2-3 things will go quiet. You expect the 'team' are working full-time on your case getting everything completed. You feel good though as things are finally getting done after taking the plunge. Don't fool yourself. Very little is happening. They've got so many clients at the same time so paper pushing is the main activity. You CANNOT under any circumstances speak to Andrew. You won't be provided with his email address, and it's strictly forbidden for his staff to provide this to you. Anyway, he's way too busy working his sales funnel to deal with existing clients who have already paid up.
10) Week 3-16 you'll start getting concerned, then a little worried, then you'll become desperate. Wondering why only the very easy items on your plan have been completed. Maybe a few random bank accounts are open which you have no idea how to use or what the purpose is. The staff don't know. Maybe a company or two have been set up, but the holistic plan isn't coming together. This is also where you begin to realize the plan doesn't make sense for your situation. You begin seeing gaps and holes. You begin asking why didn't we do that'? You then begin to complain. That's when the push back starts. The excuses. The staff issues. The regulations have changed. We didn't realize that was a requirement. How about this instead? You realize you may need to adjust the plan to get things back on track. But no, you signed the contract so nothing can be done now. You may as well start from point 1 (see above) all over again. Andrew sees any adjustment in the plan (if it's his fault or not) as a reason to ask for more money. That'll be another $15,000 he'll say, even though he hasn't achieved half of the original plan, or actually paid for the lawyer or accountant fees himself for an item. Remember, you are in deep now ($60,000+) so what does an extra $15,000 matter to get this finished.
11) Week 16. This is where you realize you made a terrible mistake and wasted a huge chunk of money. Andrew is off on holiday (he's usually on holiday in a 5* hotel trying his best to avoid clients) and you are left wondering which way to turn.

The above was my experience, but I also know of at least four other clients who had very similar experiences to mine. Most people don't share their dissatisfaction with the services at Nomad Capitalist because we are holding out hope that things will eventually get done.

My advice would be to do your own research. Watch Andrews YouTube channel because 100% of his knowledge/ content is published on there. Don't expect any hidden content. He shares everything, so watch all the videos (you'll begin noticing the same countries/ themes). Get in touch with some of NC's competition, get a feel for the options. Then once you've decided on a country or locations, go hire a lawyer to find out the details and get them to execute. Hire a lawyer in your home country to make sure all is workable also. To give you some perspective, the clients I know and myself all believe the professional fees Andrew incurs are approximately 15-20% of the actual fees charged by Nomad Capitalist. That's a nice margin for Andrew, but when the advice given isn't even correct, it's just wrong. Don't make the mistake I and many others did.

So you have to file an "application" if you want to work with them, telling them your motivations and feelings, and - most importantly - how you intend to pay the fee for their services (PayPal, wire transfer, Bitcoin etc.) During filling out the application form you learn that their services will probably cost you between $12k and $18k (without anyone even checking your requirements or your situation!), and you are asked to confirm whether you are ready and willing to pay this amount (up front, of course) if they should decide to work with you.
What is missing from the application form however are specific questions regarding your current company structure, income situation, the specific services you require of them etc.
I believe that is all one needs to know about this company. Luckily there are plenty of serious offshore consultants out there.

Fake
Your receive lots of spam with
Photoos from him with girls
What are you trying to say with this

They want tou to pay upfront without gou knowing ehat you get.

I checked referrals but none of them seem to exist

You wait endless long and no answere
And if you don't pay upfront they cancel you anyway

Waiste of my time
If he really want to help you out he would have setup a business that could support everyone.

In 2014 they said that Japan was on the way down and that Japanese real estate was flounder. Today, it is anything but while USA is circling the drain.
Don't waste your time or money on this rag sheet. Skip it. There are other better sources of information out there.

The "Nomad Capitalist" wont deal with you if you have less than a $******* Figure Income and are willing to part with a great deal of it. As with all SCAMMERS he only wants your money and gives little, if anything worthwhile, in return. A bit of
Searching will give you the same results at no charge.
Check out these websites: https://www.sitejabber.com/reviews/nomadcapitalist.com;https://nomadcapitalistscam.com/

It may take a while, but you can learn all of this and more simply by spending a few days surfing the Net. May take you longer; like a week or even a month but eventually you will learn more that these guys do. Keep your money!

First, I want to tell you that there is NO WAY to obtain a second passport EXCEPT for the countries in the Carribeans that everyone knows about. There are some other places with special long stay visas as well. All you need to do is run a search online and find these places. Nomad Capitalist can NOT help you beyond what you can do for yourself for free. But he will charge you several thousands of dollars and up to $50,000 for the promise of getting you a passport in some other country. He has NO way to get you any visas or passports beyond your own abilities. He is a scam artist and liar. Once you are foolish enough to send him money, you will not be able to get a refund after his efforts (and I don't even think he spends any efforts once he gets your money because he knows it's a waste of time to do something that's impossible). He spends ALL of his time making youtube videos and marketing his scam company with BS and lies.

There is now even a website that someone made to expose him nomadcapitalistscam.com/

Contrary to what it may appear, Nomad Capitalist is actually just a third party to your services. They are not licensed in any way in any country to do any legal services. Want a bank account? You pay them upwards of 500$ to do simply sign a few documents. Want a passport? They charge a fee to hire a lawyer for you. Want to put your business offshore? They don't have the authority to do the paperwork. They hire a lawyer to structure it. You are much better off to cut out the middleman and directly hire someone who actually is licensed to do what they do for a living. I would not go to them for questions about any legal stuff. They are not qualified to give answers regardless of what they say. Would you pay your friend to hire a criminal lawyer for you while he answers questions on behalf of the lawyer? I wouldn't. Why would you do it for offshore planning when the authorities are just waiting to put you in jail for slipping up?

The website nomadcapitalist.com is a scam. Don't fall for the passport for freedom fraud. It's 10 USD just for shipping costs and you can review after 14 days whether you like it. They take the full amount of 497 USD will be taken without pardon. Telling them to remove your payment even before didn't result in any action while afterwards after calling and emailing them several times then tell me "your review time is over"..