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: October, 2015
Oct 30, 2015

Andrew Henderson tells the story of Parable of the Talents and the key lessons you can learn from it. Andrew states that you should not be rewarded for playing it safe and burying your money in the backyard. It's important to develop an abundance mentality so you can take the necessary risks to grow your wealth.

 

Today's guest is Tony Simola from Simola Technologies. He currently is located in Finland and is a successful digital nomad. We learn about Tony's background and some of the challenges he's faced while trying to plant flags around the world.

 

Key Takeaways:

 

Andrew's Editorial:

[2:20] You can now buy tickets to the Passport to Freedom event.

[3:05] You got to be on the email list if you want special discounts.

[4:19] Andrew talks about his friend Matt and the story of the Parable of the Talents.

[10:35] The Nomad Capitalist talks about the idea of protecting the money you have.

[11:50] Burying money in the backyard is never the answer.

[12:55] Government can devalue your money.

[13:55] You have to take a little risk to grow your wealth.

[15:55] At the Passport to Freedom event, there will be speakers to help you invest your money wisely.

[18:10] Start to develop an abundance mindset towards your money.

 

Interview:

[20:45] Andrew introduces Tony Simola.

[21:40] Tony shares a little bit about his background.

[23:55] Why Finland?

[25:50] How does Tony's business allow him to travel?

[28:25] How can digital nomads publish books while overseas?

[31:00] What countries have treated Tony the best?

[35:35] Tony is looking for ease and access and is willing to pay a bit more in tax for that.

[35:55] What other challenges has Tony experienced?

[38:30] Can you do business in Russia?

 

The Lighting Round:

[41:25] One business – Restaurant.

[42:15] One country – US.

[43:00] One book – The House of Morgan by Ron Chernow.

[43:30] One tool – Timeboxing.

 

Listener Question:

[46:30] Is Belize a good tax haven?

[48:35] Colombians working in Panama will soon become double taxed.

[49:55] Paying a little bit of tax can get you along way.

[50:45] Andrew believes paying a bit of tax is better than paying no tax.

[52:00] What is the reputation of a country on a global scale?

[54:30] Feel free to contact Nomad Capitalist to find the best options for you in your situation.

[55:50] Sign up to the email list to get great discounts and updates.

 

Mentioned In This Episode:

http://nomadcapitalist.com/

http://www.simolatechnologies.com/

 

Oct 22, 2015

Andrew Henderson talks on whether or not you should invest in the Iraqi Dinar and how you can diversify your US dollars. Andrew believes that if something appears too good to be true, then it probably is. He emphasizes the importance of doing your homework and to invest in what you have a good understanding of.  Do not fall for get-rich-quick schemes, because those rarely come true. Today's guest is Nadine Hays Pisani. Nadine runs a bed and breakfast in Costa Rica and is the author of Happier Than A Billionaire. She talks on why she left her it all and moved to Costa Rica.

 

Key Takeaways:

 

Andrew's Editorial:

[1:30] Look out for the Passport to Freedom 2016 details in the newsletter.

[3:20] How can you diversify your US dollars?

[4:50] Should you buy Iraqi Dinar and Vietnamese Dong?

[10:40] Invest in what you know.

[13:45] Always do your homework.

[17:30] Easy schemes are what you have to be careful of.

[19:45] Take the emotion out of it and make a calculated decision on investment deals.

 

Interview:

[23:00] Why did Nadine become an entrepreneur?

[24:15] What was Nadine's ah-ha moment?

[26:55] The more you know, the more scared it can make you.

[30:20] Why Costa Rica?

[32:40] You can rent a house in Costa Rica for as low as $400.

[36:05] What other flags has Nadine planted around the world?

[39:45] You don't have to give up your US bank accounts and retirement funds to move aboard.

[44:00] Costa Ricans value their time.

 

The Lighting Round:

[46:05] One business – Reality show.

[46:40] One country – Italy.

[47:05] One book – No books.

[48:25] One tool – Skype

 

Listener Question:

[51:25] Can you open a Swiss bank account without a personal visit there?

[52:50] Most banks require you to be physically present.

[54:00] The door for Switzerland is closed unless you're rich.

[56:30] It is possible to open a bank without physically being there.

[57:10] Fast, easy, and cheap. Pick two out of the three.

[59:40] Check out the Nomad Capitalist book, The Best Offshore Banks.

 

Mentioned In This Episode:

http://nomadcapitalist.com/

http://www.happierthanabillionaire.com/

 

Oct 14, 2015

What does it mean to live in a low-cost country? Andrew cautions that low-cost economies do not necessarily mean it is your best option. Sometimes, you're better off by going where you can make the most money; where there's more opportunity. Traveling to a low-cost country also may not solve your core money problems. Andrew believes if you focus on the opportunities in a more expensive country and not the problems, you may be better off.

 

Ana Gusso is today's guest. Ana facilitates tours for Brazilians looking to travel to Australia and the Himalayan region. She talks on her experiences creating a business overseas and more.

 

Key Takeaways:

 

Andrew's Editorial:

[1:40] Andrew talks about the cost of living around the world.

[3:55] Why should listeners be careful of the 'low' cost of living?

[6:00] Andrew talks about the decline of the American standard of living.

[9:20] Moving overseas may not solve your underlining problems with money.

[13:25] Where can you make the most money?

[15:50] Consider spending a little bit more money to go off the beaten expat road.

[17:10] Focus on the opportunities.

 

Interview:

[19:55] Why did Ana start her business?

[24:55] What other locations did Ana look at before starting her business in Australia?

[27:25] What are the differences between selling to a development market versus selling to a tourist/poorer market?

[29:00] Differences in between Brazil tourists vs Australian tourists?

[32:45] Banking in Brazil was difficult compared to Australia.

[36:15] Ana talks about her dual-citizenship status.

[37:20] It's hard to become a Brazilian citizen.

[39:00] Ana talks about her travel experiences.

                    

The Lighting Round:

[42:00] One business – A travel fair.

[42:35] One country – Not sure.

[43:00] One book – Rich dad, poor dad by Robert Kiyosaki

[43:50] One tool – Audible.

 

Listener Question:

[46:25] Does Andrew recommend banking in Panama?

[49:00] Panama banks are tied to FACTA.

[49:15] Andrew believes there are better banking options.

[50:40] Panama banks are a lot of hassle and they make things difficult.

 

Mentioned In This Episode:

http://nomadcapitalist.com/

http://nomadcapitalist.com/2015/10/05/the-decline-of-the-american-standard-of-living/

http://www.toptripviagens.com/

Rich dad, poor dad by Robert Kiyosaki

 

Oct 1, 2015

Should you move to Georgia and setup a business there? Andrew talks on his last trip to Georgia and how much he loves the government's efficiency in getting everything you need setup in one building. Andrew makes a valid point that entrepreneurs need to know what their time is worth. Is your time worth standing in lines and running around the country to get the needed paperwork or could you use that time to be making deals and making money? Georgia may be the place for entrepreneurs looking for a new start.

 

Key Takeaways:

 

Andrew's Editorial:

[2:35] Should you move to Georgia?

[5:20] Georgia's government is incredibly efficient.

[11:00] Georgia isn't no tax, but it certainty is low tax.

[14:00] Your time is valuable, which is why you should go where you're treated best.

[16:20] Entrepreneurs love banking in Georgia.

 

Interview:

[18:35] Andrew introduces Matt Newton.

[18:55] What does Matt think about Chile?

[21:00] Why did Matt become entrepreneur?

[24:10] Where has Matt traveled to?

[25:10] Is Chile pro-business?

[28:50] Will Matt be staying in Chile or become a perpetual traveler?

[30:30] What kind of flags has Matt planted?

[33:50] What kind of opportunities did Matt get in Chile that he couldn't get in Australia?

[35:15] Banking in the US was the hardest.

[37:10] Matt talks about the romantic side of things of being a perpetual traveler.

 

The Lighting Round:

[39:20] One business – Latin job boards.

[40:40] One country – Spain

[41:50] One book – The 7 Day Startup by Dan Norris.

[43:10] One tool – Minaal backpack.

 

Listener Question:

[45:35] What are the best citizenship by investment programs out there?

[49:45] You don't necessarily have to spend more money to get the best service.

[52:20] Visa free access to Europe may be a good option for you.

[52:55] Caribbean options can open you up to more borders without a visa.

[54:40] Nomad Capitalist can help you with this process. 

 

Mentioned In This Episode:

http://nomadcapitalist.com/

http://www.tourismtiger.com/

The 7 Day Startup by Dan Norris

 

1