Radical Personal Finance 1093-Why You Should Move to South Dakota, Even If You Have No Plans to Live There!
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Apr 28, 2025 AI Snips
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Choose South Dakota Residency Strategically
- Choose South Dakota for nomad residency to benefit from no state income tax and favorable laws.
- Use it strategically for traveling, business, or as an expat domicile to enjoy privacy and freedom.
Domicile Choice Often Overlooked
- Many Americans change domicile without strategy, often just during retirement moves.
- Strategic state domicile choice can reduce tax burdens and support flexible lifestyles.
Plan Residency Early, Avoid Last-Minute Forwarding
- Start nomad residency planning at least three months before travel.
- Avoid last-minute USPS forwarding to prevent alerting spammers to your new address.