If you’re an American that is living abroad, or you’re living life as a digital nomad, you might be struggling to understand why you’re still liable to pay so much tax.

State income tax can be an absolute nightmare for everyone, but if you’re not even living in the state most of the time, or at all, then why should you still need to pay this? SavvyNomad agrees, and they are able to help you out here.

Who Are SavvyNomad?

SavvyNomad is an online company that specializes in helping Americans who are living abroad, or those who travel a lot and don’t really have a home base to reduce the amount of tax that they end up paying. State income tax can be a killer for a lot of people as the rates are high, and of course, it’s not optional to pay. Some states don’t have state income tax though, and it is possible for people to register for residency in one of these states, such as Florida, to avoid paying this. That’s what SavvyNomad does in a nutshell, though there is far more to it.

What Services Do They Offer?

The main service that SavvyNomad offers is helping people to establish their residency in a state that doesn’t have state income tax, helping them to keep more of their income to themselves to spend on their own life. But, they offer more than just that. SavvyNomad go above and beyond, and have created a fantastic solution that encompasses a whole range of services, some of which are as follows:

• Providing a residential address valid for all banking and legal purposes
• Assistance with form filling, severing ties with previous state
• Tax filing

These are just a few more solutions and services they offer, but the list does go on. Essentially, they offer a full range of services to help someone relocate their residency to another state, providing all of the help and support that may be needed along the way. You will never be alone when you choose SavvyNomad, not for a single step you take during this process.

Pros Of Using SavvyNomad

Understanding the benefits of using SavvyNomad as opposed to another company is important to help you make the right choice, which is why we’re going to be going through what we believe to be some of their best selling points.

Fantastic Customer Support

We have to give credit where it is due here, the customer support team at SavvyNomad are incredible. You do not have to wait long for a response to your issue, and they simply cannot do enough to help you. All of the team members are more than happy to go above and beyond for their clients, ensuring that they are providing the highest possible standard of customer service.

Cost-Effective Solution

While you do have to pay for the service, of course, it still ends up saving you more than you spend, making it a cost-effective solution to your problem. You can end up saving a load of money on tax, that you are then free to spend on other aspects of your life. The purpose of relocating to Florida for tax residency is to eliminate the need to pay state income tax, which frees up a large portion of your income that would otherwise be owed to the government.

Fast Timeline

It doesn’t take long to get this sorted and become established as a resident of Florida for tax purposes. The team are fantastic at moving things along quickly, without making mistakes, or causing problems along the way. As such, you can trust SavvyNomad to provide you with a fast, effective solution.

Easy And Fully Explained

There are a lot of complexities when it comes to residency, and it can be extremely difficult to get your head around all of the information, but SavvyNomad have eliminated this for their clients. It is a well-designed process that has clearly been thought through well, and as such helps users to navigate the complexities of tax residency without all of the stress and drama.

Cons Of Using SavvyNomad

As with everything in life, there is always going to be some kind of downside, and it’s important to understand them before you make a final decision on whether a company is a good choice for you.

Limited Refund Window

The main downside of using this company is that there is a limited refund window, which means that after a certain amount of time, even if the service doesn’t meet your needs, you’re not going to get your money back. SavvyNomad has a no money back after 30 days policy, which means that your subscription will not be returned to you after this even if the service does not end up meeting your needs. It states in the terms and conditions that it doesn’t matter why the service has not worked for you, you won’t be getting a refund for any reason.

Doesn’t Work For Everyone

It’s true that if you look online a lot of the reviews are overwhelmingly positive from users who have completed the process with SavvyNomad. However, no solution is universal, and this one is no exception. There are going to be cases where the process does not work for some, so that’s something that you need to beware of.

Concluding Thoughts

So, all in all, is SavvyNomad a company that you should trust? We think so. We believe that this company is a fantastic choice for anyone who is looking to limit their tax burden, and free up more of their funds to enjoy their life. Of course, you need to be an American living abroad, living the life of a digital nomad, or even a retiree for this service to work for you, but if you tick the right boxes, you’re onto a real winner with this company.

As such, if you’re looking for a company who can provide you with a comprehensive solution when it comes to establishing residency in Florida for tax purposes, as well as more services surrounding this, SavvyNomad should definitely be at the top of your list.