Andrew recently read an article on NBC Bay Area saying over half of Californians want to leave the state of California. People often complain about their living conditions and the decline of the United States, but so very few people actually take action and move. The difference between those who take actions and those who don’t? The people who are taking actions are working and striving towards something important and meaningful to them. And for those who don’t? They’re running away from their problems and, through that, all they want to do is complain.
[1:45] Will soaring California housing prices lead to an exodus?
[3:25] The top three places Californians go when leaving California are Seattle, Portland, and Austin.
[4:20] Whenever something crazy happens in the world, like Brexit or the election of Donald Trump, Andrew sees huge traffic spikes to his website.
[6:35] Those top three places people go to aren’t exactly cheap places either.
[7:20] The reality is, most people aren’t going to do anything about their living situation.
[8:40] So, why do some people pull the trigger and other people don’t?
[10:25] You’re not going to save that much in taxes by moving to Texas.
[11:10] Andrew has helped some of his clients save 70% of their income from taxes. The legal way!
[12:55] 52,000 new companies were formed in the state of California in the last 4 years. That’s more than Florida, Colorado, and Arizona combined.
[14:00] Want to leave California? Well, first of all, what are you trying to accomplish by doing that? Second, consider looking beyond the border of the U.S.
[16:30] Where did this nomad journey start for Louise?
[19:00] The purpose of Louise’s YouTube channel is to let people know that there are options.
[19:35] How did Louise meet her partner, Ed?
[24:30] When Louise and Ed moved in together the very first time, they had very little problems because they didn’t have financial issues and they were able to hire a maid to clean the house.
[26:30] Louise’s family back home thinks she and Ed are poor because they live in Thailand. Quite the contrary.
[27:15] What other benefits does Louise have by living in a less expensive country like the UK?
[33:25] Why does Louise think that there are more men living a nomad lifestyle? How can we incorporate more women into this?
[38:35] Where is the digital nomad community going?
[41:40] Has Louise found a place that she can call home, outside of the UK?
[46:10] Did Louise enjoy living in Chile?
[51:45] The world is so global now that the Government really has to start competing for nomad dollars.
Mentioned in This Episode:
Soaring California Housing Prices May be Leading to an Exodus
Bay Area exodus: 3 most popular cities for those who leave
As many of you know, this year’s Nomad Capitalist theme is ‘home.’ More and more of Andrew’s clients don’t want to be perpetual travelers. They want home bases, places where they can feel at home. What’s great is when clients finally do find a location where they can call home, they develop a sense of identity that they feel even more proud of.
[1:25] This year’s Nomad Capitalist theme is ‘home.’
[2:55] On Andrew’s social media feed, he sees his clients buying homes in places where they finally feel at home.
[5:20] When Andrew brings on a client for the very first time, they go through an intense diagnostic process.
[7:35] Andrew loves seeing his clients painting walls, buying furniture, and settling into their new homes.
[9:30] Where did it all start for Brian?
[11:50] Brian ended up losing everything in the 2008 crash. This humbled a very cocky Brian at the time.
[18:45] Why did Brian have an ego problem?
[24:00] The financial success Brian achieved was not fulfilling. He felt fulfilled when he traveled.
[26:15] What’s life like in Bali for Brian? What kind of luxuries does he enjoy?
[31:20] How does Brian manage his business overseas?
[33:10] Brian highly recommends the development company called 10 Clouds.
[40:00] Indonesia wants to tax you on your worldwide income. Brian decided not to become an Indonesian resident.
[43:35] What is Brian’s company, CallerSmart, about?
Mentioned in This Episode:
Eat, Pray, Love 10th-Anniversary Edition: One Woman’s Search for Everything Across Italy, India, and Indonesia, by Elizabeth Gilbert
Andrew is back from his summer break! While he was away, he was off testing new overseas strategies to see how effective they are in practice. While there may be guys out there who are doing podcast episodes regularly, Andrew would rather get real, on the ground, experience about what it’s like living and investing overseas than to be known as the ‘media expert.’
[2:00] As many of you know, Andrew used to be in radio. It was a common rule in radio to never share info that would date yourself/could be outdated in the future.
[2:25] Well, today’s episode will be breaking that rule.
[3:35] Andrew took about 6 weeks off to test out new overseas strategies.
[4:15] There are guys out there doing podcasts 5 days a week. You know what that makes them? Podcast experts, not nomad subject-matter experts. Andrew walks the walk and talks the talk, but in order to do that effectively, he has to take a break from podcasting.
[6:10] How long should you spend in each place when you’re living the nomad lifestyle?
[8:15] Not everyone can run their business successfully by bouncing around to a new country every 30 days.
[9:00] Andrew currently has 4 home bases.
[10:35] Watch the latest YouTube video that discusses how long a nomad should stay in one country.
[12:35] Why did Neil decide to become a DJ who travels around the world?
[14:05] Serious question, does Wales count as a country?
[22:50] How old was Neil when he started his own record label?
[27:30] Financial success is not Neil’s primary motivator.
[29:25] How did Neil build his career to the point where he was able to travel the world?
[36:20] Did women throw themselves at Neil because of his status?
[41:10] Why did Neil decide to move to Bulgaria?
[50:15] How did Neil meet his Bulgarian girlfriend?
[52:30] What kind of cultural differences has Neil spotted between those from Europe and the U.S.?
Mentioned in This Episode: