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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 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/

 

1 Comments
  • almost two years ago
    Alvaro
    Hi Nick, thanks for replying my query about Belize but I would like for you to elaborate a bit more. I was not implying about using Belize's passport or investing in Belize but rather more to what is your impression for using Belize's offshore company formation services and having one's assets owned by a Belizean international business company. Best regards, Alvaro