Andrew is excited to announce that Georgian citizens will soon be able to travel throughout the European Union without a visa. The law will be in effect at some point in 2016, so stay tuned for more information on Nomad Capitalist's website. Today's guest is Paige Donner, a startup entrepreneur based in Paris, France. She talks about starting her food and wine business and her experiences as a foreigner in France.
Key Takeaways:
Andrew's Editorial:
[1:35] Georgia is still the easiest place to open a bank account.
[2:55] Georgian passport holders can now travel visa-free throughout the EU.
[4:25] Singapore citizenship is difficult.
[7:45] Be careful who you listen to.
[9:40] Georgia is definitely an up and coming country.
[11:30] Andrew is looking for 4-5 people interested in planting more flags with him.
Interview:
[16:40] How did Paige become an entrepreneur?
[18:10] What was the transition like for Paige when she moved to Paris?
[23:20] Paige is filling a gap in the France market.
[25:35] Localize your business based on the region or city, don't try to cover the entire country.
[31:05] What kind of challenges did Paige encounter when starting a business in France?
[37:25] Is it difficult to become a French citizen?
The Lighting Round:
[39:15] One business – Food and wine
[39:55] One country – France
[40:20] One book – Moveable Feast by Ernest Hemingway
[41:30] One tool – Facetime
Listener Question:
[44:35] What's the process to finding good tenants and taking care of your property overseas?
[46:35] Invest in something you can handle.
[47:25] Good service providers are hard to find.
[48:50] Want to be successful? Have a strong network.
[50:55] By going to the Passport to Freedom event in Cancun, you will be exposed to a greater network of like-minded people.
[53:10] You can use Google, but it's not always the best way to go.
[55:35] Feel free to email Andrew with any questions you might have.
Mentioned in This Episode:
http://nomadcapitalist.com/2015/12/21/easiest-place-to-open-a-bank-account/
Moveable Feast by Ernest Hemingway