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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 2, 2015

What would the world look like for US citizens living abroad if Bernie Sanders is elected President? Andrew cites an article he read in Forbes on some of the tax damages US citizens might face and other consequences to their income if Bernie were to be elected. Andrew also let's the audience know that he will be selecting 5 people to help them develop a bulletproof action plan to better secure their financial future and plant multiple flags.

 

Ben Wolford is a freelance journalist and the Founder of Latterly, a digital magazine for international journalism. Ben Wolford talks on working as a freelance journalist in New York City, why he and his wife moved to Dominican Republic, and some of the challenges they've faced along the way.

 

Key Takeaways:

Andrew's Editorial:

[4:00] It's possible every tax break for expats may go away when a new President in 2017 comes into power.

[5:10] What's the tax risk if Bernie Sanders wins?

[14:05] What happens if you make half a million a year? What does that mean for your taxes?

[19:20] Andrew believes the US is going to remain in bad shape.

[20:05] Bernie Sanders wants to tax your entire income for social security.
[24:45] Andrew will be selecting 5 podcast listeners and helping them develop a bulletproof action plan. Please email Andrew (at) NomadCapitalist.com for more info.

 

Interview:

[26:55] Andrew introduces Ben Wolford

[27:20] Ben shares his story.

[30:10] When was Ben and his wife's 'ah-ha' moment?

[34:15] How has living abroad helped Ben's business?

[37:55] If Ben was in the US, he would not have an opportunity to start his business.

[39:45] What kind of flags has Ben been planting?

[41:30] Tax preparations for freelancers overseas is not easy.

[43:20] What kind of challenges has Ben and his wife faced?

 

The Lighting Round:

[46:25] One business – Food truck.

[47:00] One country – Italy

[47:22] One book – Homelands by Stephan Faris

[48:10] One tool – Google Docs

 

Listener Question:

[49:45] Nomad Capitalist doesn't want you to hide money or do things illegally.

[50:15] What does Andrew think about the South American citizenship programs?

[52:05] Be careful who you trust.

[55:05] Where can you get a passport in six months?

[56:15] Getting a high-end hook up is not going to help you.

[57:45] If you're a US citizen and have some wealth, Andrew can help you.

 

Mentioned In This Episode:

http://nomadcapitalist.com/

Andrew (at) NomadCapitalist.com

http://www.forbes.com/sites/peterjreilly/2015/08/30/tax-planning-for-the-risk-of-a-bernie-sanders-win/

https://turbotax.intuit.com/

http://nomadcapitalist.com/2015/07/27/the-fastest-countries-in-the-world-to-become-a-citizen/

 

 

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