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Is it true that CapitalOne routinely declines foreign transactions?


by @nihilista 9yr  | 5 comments

Hello everyone,

Iโ€™m looking to obtain a couple of credit cards with no foreign transaction fees and keep seeing Capital One as highly recommended by DNs. However, when reading the reviewed for their Venture One card I see that people say the company declines most foreign transactions and that you cannot call they ahead of time to let them know youโ€™re traveling in order to not have the card declined. Has anyone run into this problem?

Thanks!

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@nomadicme 9yr

I have found they are the worst of all the 6 no foreign transaction fee cards I hold in my wallet. They do decline transactions at a much higher rate than the others even though I leave the same travel notification with all of them. It was such a pain that I rarely use them anymore and use others as my primary nowadays. Cannot recommend them.

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Never declined mine, but there are some countries that require a PIN for all card transactions (like Romania), so if itโ€™s a credit card you wonโ€™t be able to use it.

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Iโ€™ve never had a problem with them. They recently froze my card but thatโ€™s because I purchased 3 flights, 2 hotels, a computer and some stuff on amazon in a 24 hour period. :slight_smile: I just call them (generally from the airport because I forget) to put a notice on my card.

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I use Capital One and I think initially I had one or two times when they called me to verify a purchase, but other than that Iโ€™ve never had an issue. I do always input the travel notification first.

Having been traveling for 4 years and using CapitalOne as my credit card, I highly recommend them. Every time Iโ€™ve called them, Iโ€™ve been able to quickly speak to a competent human. Itโ€™s rare to have solid customer service, and theyโ€™ve been excellent.

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@leerosen 9yr

I use Capital One as my primary card. No issues at all. I do, however, input a travel notification online before I arrive somewhere new.

Lee

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Read and participate in 14,117 discussions on Nomads.com

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What features would you like to see on Nomad List?


by @levelsio 4yr 4 years ago  | 3 comments

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I would love to hear what you'd like me to build next on Nomad List, or any other product/feature feedback ideas you have.

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What are the best places right now in the Caribbean/LatAM? (Also cheapest flights/accommodation?) Asking from the US.

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List of Visa/Residency Information in Table/Spreadsheet format?


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As part of signing up for this website I was hoping I would come across a list of Visa and/or Residency requirements by country ideally in a table format to assist with decision making. Does anybody recommend any other websites that might present the information in this format (or Google Spreadsheet)?

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Most Walkable Neighborhood / City In The World ?


by @dannybooboo 4yr 4 years ago  | 1 comment

I love living in walkable areas of town. I can always find them. But now I'm wondering where in the world are the most walkable places? I'm imagining walk streets (no cars), zoning allowing both business and residential, parks or beaches ,etc.

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Any nomads in Arizona, US?


in Netherlands by @info132 4yr 4 years ago  | 4 comments

Hi guys,

After the Netherlands, the Bay Area, Colorado and being on the van life for 8 months, I am now in Sedona, AZ with a few other digital nomads. We are sharing a home here and are wondering if there are more like minded people in the area.

We do a bunch of hikes and campouts in the northern of Arizona. If you would like to connect with us, please do so :)

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International number & internet?


by @leobassam 4yr 4 years ago  | 1 comment

Has anyone figured out a way to get setup with a virtual number and internet connection anywhere you go?

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Are there any tax issues I have to be aware of?


in Germany by @clara 4yr 4 years ago  | 0 comments

Hi everybody. I live and work in Germany and want to go to Canary Islands for 6 months to work from there. I'm going to keep my current job, just change the "home" in the home office part of things. Are there any tax issues I have to be aware of? I was reading about becoming a residence after 183 days, thus having to pay taxes there plus my employer having to register there. Does anybody know how it works exactly? Thanks a lot!

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Chiang Mai accommodation


in Chiang Mai , Thailand by @bertieb 4yr 4 years ago  | 0 comments

Can anyone recommend a good accommodation website for Chiang Mai?

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Is anyone travelling right now?


by @viktor 4yr 4 years ago  | 3 comments

Winter is coming and Iโ€™m feeling the ache of travelling after being stuck in the same place since the Pandemic started. Wondering if anyone is travelling right now? If so, where are you currently located and how is the situation where you are?

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Foreigner owned Coworking business in Malaysia


in Malaysia by @newyam 6yr 6 years ago  | 0 comments

Heyo folks! The idea to open up an own coworking space in Malaysia has been on my mind for quite a while and I would like to reach out on foreigners being a business owner/co working space owner in Malaysia, there are a lot of questions that would follow up but most importantly is to reach out to someone with experience.

Ideally would be someone who runs a coworking space in Malaysia, second best would be to just come in touch with a foreign business owner in Malaysia.
Cheers
Yamin

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Anyone know good foreign currencies to hold?

 

by @worldtravel 7yr 7 years ago  | 22 comments

Iโ€™ve done a lot of research on foreign currencies and which are good to holdโ€ฆ its pretty complicated. it seems obvious, swiss franc, hong kong dollarโ€ฆ but when you look at if you want to open a swiss bank account they require a very high minimum balance, can charge you just to hold swiss francs, etcโ€ฆ anyone have a deep understanding of this stuff?

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How to get around blocked credit card transactions?


by @nomadaccountant 8yr 8 years ago  | 15 comments

it seems like Visa have gotten more tight recently and itโ€™s touch and go whether each transaction will go through. Sometimes it does but often now I am getting declined. The bank knows my locations but in the background Visa seem to be blocking a lot regardless and they are harder to notify. I am using paypal where possible because it doesnโ€™t get blocked, but thatโ€™s only good for a limited number of places.
Anyone else getting worn out by the payment approval games?

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Has anyone got a mortgage in a foreign country, as self-employed nomad?


by @davidmumfordmusic 8yr 8 years ago  | 3 comments

Have any of you nomads been approved for a mortgage in a foreign country?

I am a UK citizen, and now that I work online Iโ€™m interested in maybe buying a property somewhere else in Europe. I donโ€™t particularly want to live in the UK, and house prices are ridiculous here anyway. I would much rather buy a little apartment in one of any number of European cities; just somewhere to have as a base in between travelling.

Has anyone ever done such a thing? How did the process work? Which country did you buy property in and how straight-forward was the process?

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Do foreign contractors get treated any differently tax-wise?


by @lightmotif 9yr 9 years ago  | 5 comments

Iโ€™m an American who has been a sole proprietor (freelancer) for a long time. Iโ€™ve occasionally hired American subcontractors, who I send 1099s in January. What do I need to consider tax-wise or in any other way financially if I want to hire a subcontractor from abroad?

Iโ€™m also interested in knowing more about any roadblocks potential clients from other countries would have in contracting to me. I havenโ€™t done business across borders yet. Thanks.

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How can you avoid foreign banking, ATM, and transaction fees?

 

by @danielgenser 9yr 9 years ago  | 52 comments

Whatโ€™s the latest on how to avoid ATM/bank/foreign transaction fees? How do you keep track of money spent when youโ€™re never quite sure of the exact exchange rate? I normally use YNAB to keep on top of my budget here at home, but Iโ€™m dreading keeping tabs on all the minute foreign transaction adjustments abroadโ€ฆ

Iโ€™m looking at this to check out some of the banking options: http://thepointsguy.com/2014/02/the-top-11-checking-accounts-for-avoiding-foreign-atm-fees/

Have you used any of these?

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Can you create a foreign company and hire yourself as an employee?


by @matthieudrula 9yr 9 years ago  | 8 comments

Tricky or really dumb question ahah.
So โ€ฆ I know that you can create a company in order to get the nationality but you need to invest a lot (depending the country 20K$ +).
I also know that you can get a visa if a company hires you.
So can you go in a country (picking Colombia as an exemple), pay 100$ to create a company and hire yourself after?
Or can you ask somebody (a friend) to create a company and hire you in order to give you a visa.
Does this visa last until you quit your job or is it just temporary (6 months)?
If you already have a company (letโ€™s say you paid 20ยฃ for a UK company), can you just create a branch in a foreign country and give yourself a job there?

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What is the best mobile carrier for a foreigner in USA?


by @wcitizen 9yr 9 years ago  | 4 comments

Hi DN community! Iโ€™m going to spend 4 month in US and wondering if somebody can recommend me cheap, but reliable=), mobile operator. Requirements:

  • simcard should be suitable for my unlocked iPhone
  • minor usage of texting and callings
  • minor usage of internet data, but with 4G support
    Hope this makes sense. Happy to add more specific info, if needed.

Cheers!

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Can I adjust my US taxes for the foreign income exclusion?


by @wanderingdev 9yr 9 years ago  | 7 comments

I am a US citizen working for a US company living abroad. I plan to qualify for the foreign income exclusion this year and Iโ€™m wondering if it would be ok to adjust my taxes now so I have less withheld and get paid more now. I could use an extra $1200 cash a month instead of paying it to taxes and having to wait to get it back next year. Does anyone else do this? Thanks!

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