Nomad Capitalist Audio Experience

Rhode Island Taxes Taylor Swift, Greece Gets to Work & What is New Zealand's Business Investor Visa

8 snips
Sep 5, 2025
Discover the buzz around the newly dubbed 'Taylor Swift Tax' in Rhode Island, sparked by the pop star's engagement. Dive into Greece's revamped Golden Visa program and get the scoop on New Zealand's exciting new Business Investor Visa. Plus, learn about updates to St. Kitts and Nevis' Citizenship by Investment program, which aims to attract families. These insights provide a fascinating look at global tax and immigration trends.
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INSIGHT

Rhode Island Targets High‑Value Second Homes

  • Rhode Island's "Taylor Swift tax" targets non-owner‑occupied homes valued above €~1M and charges about 0.5% over that threshold.
  • The levy funds low‑cost housing and exempts properties rented under landlord‑tenant law for 183+ days annually.
ADVICE

Use 183‑Day Rule To Avoid Surcharge

  • If you rent your second home at least 183 days and follow Rhode Island landlord‑tenant law, you avoid the new surcharge.
  • Consider short‑term rentals or meeting the 183‑day test to reduce exposure to emerging secondary‑home levies.
INSIGHT

A Growing Trend Against Second‑Home Owners

  • U.S. states are increasingly taxing wealthy second‑home owners, making domestic second homes less appealing.
  • Expect more states to introduce similar levies, reducing the attractiveness of U.S. countryside escapes.
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