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The Nomad Capitalist Audio Experience

Would like to become a global citizen and legally pay less in tax, build a freedom lifestyle, and create wealth faster? Here at Nomad Capitalist, we believe that you should "go where you're treated best". That means using strategies like offshore companies, offshore bank accounts, legal tax reduction, dual citizenship, high-yield international investing, cryptocurrencies, and low-tax living to keep more of your own money and design a life you love. These strategies - when used correctly - are completely legal for Americans, Australians, Brits, and Canadians. Nomad Capitalist works exclusively with six- and seven-figure entrepreneurs and investors who want to become global citizens living the good life.
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Sep 15, 2016

Andrew discusses why holding a mediocre passport may not be as bad as you might think. It is no secret that tax laws are only going to get stricter, so perhaps it's time to have other options where you're not forced to stay in one area for the rest of your life. By holding another passport, you may have more flexible visa options and won't have to jump through as many hoops to travel and explore new countries. Tune in to hear Andrew's full commentary.

 

Key Takeaways:

Andrew's Editorial:

[1:25] Let's talk about bad passports.

[2:20] US passports rank between 13-14th.

[3:40] What's considered a bad passport?

[6:20] Andrew discusses some of Australia's tax rules.

[9:40] It may be worth it to have a passport from a country with less influence.

[9:55] FACTA for the world will start next year.

[11:15] Having a 'bad' passport may actually get you better visa-free travel.

[11:45] Maybe it's time to get an African passport.

[15:35] There are benefits to having mediocre passports!

[20:10] Always follow the law!!

 

Interview:

[22:35] How did Simone get started?

[26:30] Simone wasn't happy with where she was.

[29:50] You have to be happy first.

[30:50] Why did Simone travel to Bali?

[31:50] Simone loves attending workshops and other activities where there are other nomads present.

[36:25] What kind of challenges has Simone faced?

[37:45] Simone discusses the important relationships she has developed through her travels.

 

The Lightning Round:

[40:15] One business – Dating business.

[41:30] One country – Europe.

[42:00] One book – Busting Loose From the Money Game by Robert Scheinfeld.

[42:35] One tool – ScribbleLive.

 

Listener Question:

[44:40] What kind of side hustles should an aspiring nomad pursue?

[45:55] Make it a full-time hustle!

[47:15] You have to make a full commitment to yourself.

[49:15] Get an emergency fund together.

[52:05] Become a nomad full-time, not part-time.

 

Mentioned in This Episode:

www.nomadcapitalist.com

Email: Andrew@NomadCapitalist.com

www.frompaintopower.de

Busting Loose From the Money Game by Robert Scheinfeld

www.scribblelive.com

www.rescuetime.com

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