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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 3, 2015

You are faced with the huge task of saving for your future. Retirement plan options and mutual fund names are thrown around like mayflies and you are supposed to catch the best one out of the air. The restrictions put on these accounts are not for your benefit and you don’t have access to your cash. Andrew’s team can sift through the muck for you and help you to go where you are treated best. In the interview, Brendan finds friendlier people in Chiang Mai but he may still end up back in Australia. Finally in your questions, Marlo’s primary concerns related to  moving overseas are social security and healthcare. Currently in his 60’s, will he be able to get over the stigma that tv has taught him about offshore living and investing?

 

Key Takeaways:

Andrews Editorial:

[2:30] A plethora of retirement plans

[3:48] Is your money growing the way that it should be?

[4:49] Andrew is a true nomad

[6:11] Don’t let the match lure you in

[7:20] The offshore IRA

[7:48] Have access to your cash

[8:29] The government can change the rules when it suits them

[9:54] Territory restrictions can be costing you a fortune

[12:00] Quit funding your IRA

[13:00] Countries are broke it’s open season on your investment account

[14:45] The double penny example

 

Interview:

[17:39] The Didgeridoo Dojo

[20:10] There isn’t physical access to lessons

[21:25] Brendan’s backstory

[23:10] We went from services business to a product business

[24:02] Forum based marketing and SEO

[26:20] No A-ha moment led to Thailand

[28:20] Why Chiang Mai? Dynamite Circle

[30:00] The comfort of home

[31:40] The key is being outside of your home country

[32:20] The merchant bank situation

[33:16] The bank deposit tax

[34:30] Citi has the worst customer service

[35:01] Growing the business in Thailand has been easier than I thought

[36:45] Less tech savvy people make better clients

[38:51] Drop ship competition friction in Thailand

[42:40] Signing bigger deals must be done in person

[45:23] People are so friendly and open in Chiang Mai

 

 

The Lightning Round:

[47:40] One business - Catering to the Nomad Scene

[48:22] One country - Australia

[48:35] One book - Living the 80/20 Way

[49:19] One tool - Zendesk & Zapier

 

Listener Question:

[55:22] Marlo asks “We are concerned about Medicare and Social Security but we want to live overseas. What do you recommend?”

[55:50] Health care is not just a senior concern

[57:06] International Medical Tourism can provide quality care

[58:44] Take the whole family to where they are treated best

[59:51] M2H - Malaysia's My second home program

 

Mentions:

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DynamiteCircle

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