Info

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.
RSS Feed Subscribe in iTunes
Nomad Capitalist Live
2017
July
June
May
April
March
February
January


2016
December
November
October
September
August
July
June
May
April
March
February
January


2015
December
November
October
September
August
July
June
May
April


All Episodes
Archives
Now displaying: April, 2015
Apr 29, 2015

Andrew’s recent trip to the ballet signals him to discuss the importance of knowing which Western countries require you to “Be Naked” or transparent with your income while lawyers in IBC countries can hide behind a “tax free” costume. Lisa Vexler of Family Freedom Project talks about residency requirements in Costa Rica, her 9 year old entrepreneur and how her family used “The Four Hour Workweek” as a guide to finding freedom. 

 

Key Takeaways: 

Andrews Editorial

[4:13] The culture and art of Eastern Europe

[5:45] International Business Companies - IBC’s

[7:59] United States LLC’s

[10:16] Western tax requirements for offshore companies

[13:26] Become a citizen of a country with reporting requirements

[15:16] Tax strategies for Digital Nomads

[17:11] Neil Strauss’s experience

 

The Interview:

[22:00] The story behind the success

[26:03] The Costa Rica a-ha moment

[28:25] Why Tamarindo?

[30:10] Offshore strategies for Costa Rica

[32:16] Finding the expat expert 

[33:30] Costa Rica residency requirements

[36:20] Greatest business success

[37:19] Setting up a physical business in Costa Rica

[39:05] How did moving to Costa Rica strengthen your marriage

[40:24] A 9 year old’s Tico Surf business 

 

Lightning Round 

[41:48] One business - Coworking space

[42:09] One country - Costa Rica

[42:25] One book - Four Hour Workweek

[42:51] One tool - Remote mail reading service

 

Listener Question

[46:34] Doug wants to know “Which credit card has the maximum benefits?”

[48:31] American Express Platinum card pays for itself

[52:38] There’s a war for high end everything 

[53:58] Adopting a sense of abundance

 

Mentions:

Emergency: This Book Will Save Your Life - Neil Strauss

Family Freedom Project

Four Hour Workweek - Tim Ferriss 

Scan Mailboxes Solutions

The Roaring 2000’s - Harry S. Dent

Apr 22, 2015

Andrew explains what should be behind your decisions when choosing a second or third passport. Tim Beiko discusses how he can get you anything you want anywhere in the world, the drive behind his start up Envoyrs.com and the ease of starting his business and nomadic lifestyle in Singapore. And a listener question begets the questions “What are your goals?” and “How do you make it location independent?”

 

Key Takeaways:

 

Andrew’s Editorial 

[3:04] Real diversification through multiple passports

[11:15] Where are you willing to live for your second passport?

[12:40] Where are you from?

[14:16] What is your priority?

[17:46] Andrew’s team can point you in the right direction

 

The Guest Interview:

[25:02] History of Envoyrs.com

[27:25] Drive behind this venture

[28:38] Unsexy businesses

[31:27] Singapore accepted us

[33:12] The tax haven adjacent

[33:40] Envoyrs.com branching out

[35:02] A Singapore Private Limited Company 

[37:00] Formalities can be simple in Singapore

[37:45] International Accomplishments

[40:53] No offshore challenges

[42:03] Personal connections and angles

[43:07] Dating Robotics and long hours

 

The Lightning Round

[46:05] One business - Barber shop

[46:42] One country - Canada

[46:59] One book - Breakthrough Rapid Reading

[47:55} One tool - Expat Facebook Groups

 

Listener Question

[49:29] Madison asks “How do I live your lifestyle?”

[51:20] Andrew’s advice 

 

 

Mentions: 

Envoyrs.com 

Breakthrough Rapid Reading - Peter Kump

Nomadcapitalist.com

Peter Schiff 

Nomadlist.com

Levels.io

 

Motivation Manifesto - Brendan Burchard

Apr 15, 2015

Offshore merchant accounts can be difficult to obtain if you are not in the right jurisdiction. And during the interview, Daryl talks about International banking and how it can be easier when you stay close to the Americas. But when you head towards Asia there is a lot of misinformation about which banks will do business with you. And £10,000 may not sound like much but Daryl travelled for a year and started his successful, six figure PPC/Advertising business with just that. He is planting both business and personal flags. 

 

Key Takeaways:

 

Andrews Editorial

 

[1:43] Offshore merchant accounts

[6:12] The U.S. Government is shutting down banks 

[6:55] Set up your company in the right jurisdiction

[10:04] How dedicated are you to having an offshore company?

[12:05] Everything we talk about here is legal

[14:27] Integration versus paying low tax

 

 

Guest Interview: 

 

[19:05] When Brits travel 

[21:00] Daryl’s entrepreneurial journey

[23:00] Timeline from employee to employer

[23:51] What £10,000 gets you

[25:11] The cheesy A-ha moment

[26:06] Mini Tim Ferriss’s

[27:35] Slow travelling

[28:18] Kuala Lumpur

[29:36] Bangkok

[31:52] A million dollar year

[32:28] Daryl’s strategies for Big Flare

[33:30] Difficulties in International Banking

[35:49] Hiring strategies - Eastern Europe

[38:03] Daryl’s greatest business success

[39:16] Alternatives to Paypal 

[41:30] Personal flag planting - The Dreamgirl

[45:55] I’m a serious person

[46:55] The Lightning Round 

[49:09] Suggested Resources

 

Listener Question

 

[53:19] Michael asks for residency information resources

[54:45] The problems of having a criminal record 

 

 

Mentions: 

 

Bitcoin

Coinbase

Chase Payment Tech

Stripe

Bigflare.com

Four hour work week - Tim Ferriss

Paypal

Asana

Basecamp

Tropical MBA

 

Jamesclear.com

Apr 15, 2015

In this podcast Andrew explains why it isn’t illegal to opt out of the IRS and solid strategies for those making $100,000 +. The Nomad Capitalist guest this week is James T. Clark. Clark manages 20 websites from far away places like Namibia, Ireland and Southeast Asia. He visits his native Australia once a year to say hello to family and then is off again. He talks about international banking and one question he gets asked a lot but can’t really answer. 

 

Key Takeaways:

Andrew’s Editorial:

 

[1:18] Tax Season

[3:32] What is a Nomad

[6:25] The Foreign Earned Income Exemption

[10:07] Two qualifiers for exclusion

[15:17] Strategies for $100,000 + earners

[17:57] Passport to Freedom example

[19:45] Legally opt out of the IRS

 

The Interview:

 

[22:27] James wanted to work for himself

[23:55] Walking away from Australia

[24:45] Scared Stuck

[25:59] The Ireland A-ha moment

[28:07] Perpetual Travelling

[29:59] Digital Nomads can have relationships

[31:20] Life is long, never say never

[34:24] How does James plant flags

[37:06] The quality of Southeast Asian healthcare

[38:13] Success in travel websites

[40:01] Biggest Challenges - International banking problems 

[40:59] Australian banks

[42:01] The Big Tip 

[43:18] Lightning Round - Food delivery for expats

[44:00] One Place - This question is to hard

[44:45] One Tool - Evernote

 

Listener Question: 

 

[47:44] Juanita wants to know more about Andrew

[48:50] Go where you’re treated best. The idea behind a Nomad

[51:25] Learning from expats

[54:20] Key goal in travelling

 

Mentions:

Nomadicnotes.com

Evernote

Apr 10, 2015

 

It’s no accident that today, April 15th, the Nomad’s choice of first guest on the new show is an international entrepreneur who has successfully cherry picked the best economics out of every country he does business in. He is a border security nightmare as he travels from country to country with monitor and recording equipment in hand. He peers inside the North American culture with an outsiders view and his one pair of jeans. 

 

Key Takeaways:

[0:50] Why April 15th for the new show? 

[3:21] The Nomad’s history and vision for your future 

[10:10] Go where you are treated best

[14:30] Watch out for bad info and fraud

[16:00] What do we do next

[17:45] Beliefs of the Nomad Capitalist

[21:56] The interview

[23:04] About Corey

[24:10] Everybody has a podcast

[25:00] Podfly.net or Podfly.com

[27:38] What’s wrong with Costa Rica

[28:56] Territorial taxation

[29:19] The perfect set-up

[30:02] Why Costa Rica in the first place?

[31:19] The a-ha moment 

[32:18] A strip down and rebuild

[32:26] What changed 

[33:30] The immigrant song

[34:27] The challenge of a man

[35:02] Failing up

[35:49] Breaking free from the system

[36:38] Self actualizing

[37:25] The base strategy

[39:23] I fell into the world 

[39:57] Almost ready for primetime

[40:45] The nitty gritty, wins and losses

[42:08] Immigration process of Costa Rica

[43:00] Cherry picking international economics 

[43:35] Clients want Paypal

[44:11] The last 8 years 

[44:47] The bar to access big wigs

[46:33] My doctor is my friend on Facebook

[48:17] Hyper - awareness of the fish bowl

[49:36] Banking challenges of Latin America

[50:10] Issue’s with border security in the U.S. 

[52:19] A job in radio

[52:58] Hiring American employees

[54:45] The Nomad’s 3 big questions

[57:40] Picking up chicks with your shopping bag

[1:01:20] Your offshore action plan

[1:02:45] Eric sends a popular question 

[1:04:15] Stepping out of the shadows

[1:06:40] The Nomad Guide

[1:09:52] Good, solid advice

[1:10:50] Your life diversified

[1:12:31] What is your story?

 

Mentioned: 

Podfly

Airbnb

Paypal 

Nomadcapitalist.com

1