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D H.

Spain

Contributor Level

Total Points
133

1 Review by D

  • Nomad Capitalist

11/23/21
Verified purchase

Current Client. Not my real name obviously. Not a total scam but incompetent and way overpriced.
[UPDATE BELOW IN COMMENTS]

Note: Before I begin my interactions with my Consultant (SM) are very pleasant and professional.
My issue is with the overall performance and project management of my plan by the Team at NC.
I didn't pay for a online friend.
Paid a total of $86,000 USD, from the start I asked for a timeline which in hindsight could have easily been achieved.
I trusted that they knew they job and what my goals were and Andrew understood that and told me it could be done.

Because of their slack approach and long contact delays in the first 3 months it was not done on time and it has cost me a lot more money and will cost me even more.
10 months now and all I have is a foreign Tax number and a bank account! $86,000 USD.
This would have taken me 3 days to 3 weeks to get done myself.
[Update: I got my Wife's Tax number done in 3 days by a company called Bordr]

Any change to the plan and they will ask for more money but not discount what you have already paid for but not received.

They are the ultimate middle man, you will do all the work and they just delegate at a snails pace that ends up costing you more money because it was not done on time or in time.

You can beg and plead to get them to start a process on time and they just ignore you and tell you its your fault or not possible.
It is possible and it was possible and I know that NOW.

Getting things done on time isn't just professional, it's essential to a successful outcome and in this case it is what caused the failures so far despite my repeated request to have things done on time.
You are supposed to get a progress call every month form Jovana but I only ever got one call to ask for the final payment.

No point doing a progress call when there's no progress.

I didn't know much about this at the start of this year but now, 11 months in and I am an expert and can see the level of incompetence.

At the start you trust that they know what they are doing but in the end you will see how incompetent they are and that you could have done it yourself for under 20k by hiring actual immigration lawyers and accountants yourself.

To get your documents organized it only takes days to get banks statements stamped, passports notorised etc the only thing that took 4 weeks was the police check to be legalized and apostilled. So why are we 10 months in and still no embassy appointment?

I was sent one embassy appointment with the old paperwork UNCHECKED by them which is their ONLY real job. Got rejected and they blamed me for it. The paper work was correct it when it was prepared and READY in May when they were supposed to put my application in then but not in October. There no effort to rectify the mistake, they just left it and when I asked about it they said no refund and to fly to another country to try there which was impossible because you can not get new documents as the ymake to delete your entire life from your original country.
For $86,000 USD to receive this level of service is heartbreaking.
(Yeah I'm starting to use capitals right now)

Now the main residency application is 5 months late, still hasn't been put in and many of my documents will expire soon, I will go over my 183 days test and into another tax year, complete F up!

Covid did not effect any of this like they tried to tell me.

There is no way they are working with 7 and 8 figure entrepreneurs, they would never put up with this.
I had four deca millionaire friends who were interested in hiring them after me but they have lost that plus other future referrals.

Now I realize AH makes his money as a YouTuber and a salesman not as an expert who provides any kind of real service.
He even told me that he doesn't have much to do with the business in Serbia and he lets the run their own thing.

Right now I have all but given up hope that it will get done at all by Nomad capitalist.
It will cost me more money in taxes because of their incompetence but I will achieve my goals with or without them.
And I will warn as many people as i can on Youtube about them.
I have lost the bulk of the money.
Its a hard lesson but now I know how to get it done myself with registered agents like accounts and lawyers who are professional and accountable for their actions.

UPDATE March 22: - Still absolutely terrible!
We were supposed to apply for the primary resident country in June or July 2021 at the latest.
5 paid police checks and 4 flight bookings changed and we only just applied for the Temp Visa.
Absolute incompetence.
This visa required a 12 month lease to be signed before the visa application.
It takes up to 60 days to get the visa approved by the embassy.
And flight tickets need to be at least 60 days after the application and submitted in the application too.
My Nomad Capitalist Consultant had me change my flights for the 3rd time to late December and update all the expired documents AGAIN.
Guess when she tells me I need a 12 month lease agreement?
LATE NOVEMBER, 5 weeks before I was supposed to FLY OUT.
The whole time I was asking her if my application was submitted, no answer.
So after 2 DAYS of property searching I get back to her and the NC real estate consultant with TWELVE (12) potential properties in order of preference with instructions to secure any of the top 5 without further approval immediately.
Finding suitable properties was THEIR JOB not mine. My job is to pay them the USD $86,000 which I did.
2 weeks go by and now they want to organize a zoom call with their agent in the country.
They were so slow all the top properties I choose were gone.

AGAIN I found another 9 properties and then another 6.
Finally in February a lease was signed and this time the landlord delayed me 2 weeks.
In fairness that was not Nomads fault. Everything else was.

You are told you have a team of people but that can not be true.

Now awaiting visa approval. But all I have so far is two bank accounts, a foreign Tax number and a visa awaiting approval so we can leave.

BTW the Tax number that took months to action by Nomad Capitalist only took me 3 days to get for my wife.
I use a company called Bordr. Live and learn.

The Contract with NC is for 12 months once you agree to them implementing the plan.
No idea if it will be done in time and how they will deal with it.
But so much is yet to be done including the full residency, 2nd residency, passport etc

[UPDATE JULY 22]
The 12 months finshed and Nomad Capitalist left the job incomplete. Not even 30% of the plan was completed! After 12 months all that was done was 2 foreign bank accounts, Tax number and temp visa for immigration to the base country. Pathetic.
I was introduced to the accounts and lawyers that will be working on my case by NC and cost will be covered. While this is not the service I paid for it a relief as I know I will get it done now dealing with them directly. After talking with the professionals they told me nothing was done by Nomad Capitalist and all my expensive documents have expired and I have to get new documents but the added difficulty is now I am in another country trying to source it here in another language and from my original country which would be impossible if I didn't have friends and family to help me collect and post documents. Plus the wasted money, these documents and certifications are not free.

The 2nd residency was barely started as they didn't check the paperwork before sending me to the embassy in another state. LEFT INCOMPLETE and no idea if it will ever get done.

Citizenship by decent, no mention of it. All documentation was provide 8 months ago. INCOMPLETE and ABANDONED.

Reunification for family in new country ABANDONED but I was passed on to lawyers to deal with it directly.

Offshore business, INCOMPLETE but I was introduced to the accountants and my costs are covered.

Immigration in the first country, introduced to the immigration lawyers, costs covered. It is progressing but its slow and bureaucratic here so happy with this as I'm in control of it now and motivated to complete it unlike Nomad Capitalist, AND it should have been done 8 months ago.

3rd bank account in Georgia, ABANDONED,. Georgia changed some laws which didn't fit the plan and the only option I was given was Armenia which I already have so there was no point doing another one there.
Radio silence on a 2nd option.

Other than the offshore business, I'd rather have a refund for the rest and be reimbursed for the cost of sources the extra documents and that is not including the massive tax bill I have because they didn't do what they promised on time. The delay really cost me and I was very clear with Andrew and Jovana from the start.

Find other companies and never pay ridiculous fees up front.

Best of luck everyone.

FINAL UPDATE in response to a question asking if I ever got the plan completed.
Hi,
No. I didn't get my money back but the thing that bothers me the most is that the plan had no strategy or timeline. It was just a few ill conceived ideas in a PDF for 18k USD. The execution was terrible and complacent. They knew that time was a factor and they mucked me over leaving a massive global mess to clean up. 3 times I questioned them on the strategy and they called me impatient and said it was complicated. Which it was not. After they abandoned the plan, I was put in direct contact with the professionals and I was able to do it myself in 3 months. When I asked the professional when they received the job, I was shocked to hear that they had only just now received the job request. I had been collecting and purchasing paper work and documents over a year ago which all had to be renewed and repurchased again.
The rest of the plan was screwed up by Nomad Capitalists lazy approach and lack of strategy and was not able to be completed because when you leave a country they make you delete any connection with it so you can not go back and renew documents and statements to reapply for the 2nd residency etc.
I was supposed to have a progress call every month which never happened, probably because there was no progress. I really did most of the work myself.
At the start i was ignorant but now i am an expert.

Best of luck to you, whatever your plans are.
I recommend Dubai as a starting point.

Keith H. Wrote: -------------------------
I read your review. Did they ever help you finish your plan?

Tip for consumers:
Stay away from them !!
Watch the videos and hire registered professionals like lawyers and accountants in your country and your destination country.

Products used:
Consultation and Plan Implementation.

Service
Value
Shipping
Returns
Quality
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Nomad C. – Nomad Capitalist Rep

Hello D H.,

Thank you for voicing your concerns. They mean a lot to us. We regret that you feel this way, but we are open to discussing your feedback in further detail. If you are indeed a current client, please contact us directly so that we can learn more about your concerns and find common ground.

At Nomad Capitalist, our top priority is meeting and exceeding expectations for our clients, so please donโ€™t hesitate to reach out. Communication is the key to client satisfaction, especially in your case.

Best,

D Has Earned 21 Votes

D H.'s review of Nomad Capitalist earned 21 Very Helpful votes

D Has Received 1 Thank You

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“Nomad Capitalist is a big scam! Beware, they will take your money with no returns. I recovered my funds with the help of ๐„๐ฅ๐ข๐ญ๐ž๐‘๐ž๐œ๐จ๐ฎ๐ฉ.๐‚๐จ๐ฆ. Need assistance? I aim to help others reclaim their money.”

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