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For U.S. digital nomads and expatriates, establishing a domicile (and ultimately, obtaining residency) in a low-tax state can significantly boost your take-home pay. Although the terms ‘residence’ and ‘domicile’ are often used interchangeably, there are several key differences. Navigating the legal requirements is increasingly important for those embracing a location-independent lifestyle. At Savvy Nomad, our experts have narrowed down the most nomad-friendly states to South Dakota, Florida, Texas, Nevada, and Wyoming. This video explores how you can establish a domicile in each of these jurisdictions, as well as some additional lifestyle and tax considerations. 0:00 Intro 01:25 Domicile vs. Residency 02:05 Understanding Residency Requirements 03:11 Florida 04:39 South Dakota 06:05 Texas 06:37 Nevada 07:26 Wyoming 08:37 Summary: Which State is Best? Save up to 21.4% of your annual income with tax-savvy strategies. Let the experts at Savvy Nomad handle the hassle. for you Use promo code "YOUTUBE" for 15% off: https://savvynomad.io/?utm_medium=org... 5 Easiest States to Establish Residency: https://blog.savvynomad.io/easiest-st... Domicile in South Dakota: Guide for digital nomads: https://blog.savvynomad.io/domicile-i... Texas Residency: Benefits and Requirements: https://blog.savvynomad.io/become-tex... Nevada residency for nomads: benefits and requirements: https://blog.savvynomad.io/become-nev... #digitalnomad #expat #taxes