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Nomad Capitalist Live

Welcome. I’m Andrew Henderson – perpetual traveler, international entrepreneur, and citizen of the world. Each week, I share tips and insights gleaned from my world travels on how you can find more freedom, grow and protect your assets, and live a radical life on your own terms. I help you achieve your own freedom with my daily field reports, weekly syndicated radio shows, helpful products, and live events. Every year, I travel to about one dozen new countries (sometimes many more) in search of personal and economic freedom. My mission is simple: find the best places to live, start a business, and invest. I’m always on the go and exploring new places. No one place has a monopoly on freedom, opportunity, or happiness, and I make the world my oyster in search of the perfect balance. While on the go, I take the time to really understand what’s going on on the ground in each country in order to find the best places in the world to live, work, bank, invest, start a business, date, raise a family, and enjoy life. I value personal freedom above all else in life. Freedom to live how I want, free from bosses and their 9-to-5 work days and from greedy politicians that want to control me and steal my money.
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Jun 16, 2016

Andrew discusses the possibility of the government taking away your passport through some back door method that does not violate UN laws; Australia, Malaysia, and Turkey having the ability to suspend your passport for a number of years and the United States passing a law in 2015, giving them the same power. What happens when you're no longer able to leave your own country? When your passport is no longer valid? Andrew says that working on acquiring residency in a different country and/or a second passport should be done sooner rather than later.

 

Key Takeaways:

Andrew's Editorial:

[2:45] What happens when you can't leave the country?

[4:40] Andrew talks about a US law that was passed in 2015, which could potentially take US passports away.

[9:15] Andrew talks about Spain's unemployment problem.

[10:35] Even honest business men are having IRS problems.

[11:40] Malaysian citizens can have their passports taken by the government. Same with Turkey.

[12:35] Andrew does not recommend you get a Malaysian citizenship.

[15:45] It's always best to start the citizenship/residency clock sooner rather than later.

[17:55] Why are you getting a second passport? Ask yourself that question. Get clear on your ‘why’.

 

Interview:

[21:15] X is currently building a business in the Ukraine.

[21:30] Where is X from?

[23:15] Don't look back. Take advantage of the opportunities that are in front of you today.

[25:20] Why did X leave the US?

[27:15] Why did X pick the Ukraine as his home base?

[28:50] X wanted to go towards something he was not familiar with.

[31:30] X believes if you move around too much, it can have a negative impact on your children.

[32:55] What does X like about the Ukraine? Any surprises?

[34:50] Is it difficult to find English speakers? Yes.

[37:05] What kind of flags has X planted?

[39:00] What are Ukrainian banks like? They are currently terrible.

[42:00] X wouldn't have been able to start this type of business in the US.

[43:05] What kind of challenges has X experienced?

[44:20] X talks about the positives of being a nomad.

 

The Lighting Round:

[46:10] One business - Cosmetics.

[46:40] One country - Ukraine or Thailand.

[47:15] One book - The Go-Giver by Bob Burg and John David Mann.

[47:45] One tool - Asana.

 

Listener Question:

[49:25] Feel free to email Andrew any of your questions.

[49:45] How can you buy nutritional supplements in a frontier economy?

[51:10] There are limited options.

[53:00] It's better to send your items to a mail facility that can package them up and ship it to you.

[55:55] It's going to cost a little bit more, so is it worth your time?

[56:25] Andrew does not recommend Earth Class Mail.

 

Mentioned in This Episode:

www.nomadcapitalist.com/

Andrew@NomadCapitalist.com

www.essenceofemail.com/

www.asana.com/

The Go-Giver by Bob Burg and John David Mann

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