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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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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

 

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