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Want to learn how to pay less in taxes, build financial freedom and live as a true global citizen? The Nomad Capitalist Podcast teaches entrepreneurs and high-net-worth individuals how to reduce tax legally by using flag theory, offshore banking and asset protection strategies. The podcast breaks down tax reduction strategies, second-passport options and global investing playbooks that keep more money in your pocket. Discover step-by-step tactics for how to lower taxes, secure offshore bank accounts, and unlock a borderless lifestyle that allows you to ‘go where you’re treated best'.
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Mar 16, 2016

What is the definition of easy? Easy means a lot of different things to a variety of different people and that's the point Andrew would like to drive home on today's opening segment. Do not get sucked into outside messaging trying to convince you something is easy when it doesn't even fall in line with something you want. Andrew believes that you should have a clear plan and a clear definition towards why you're working for the things you're working for, that way you can define what is the best and the easiest way for you to get there.

 

Key Takeaways:

Andrew's Editorial:

[2:10] Are you planning to move overseas because the 'wrong' President will be elected?

[3:00] So many people feel crazy to leave their home town.

[4:50] 'If so and so President gets elected, I'll move to Canada.' Why Canada? Why not Mexico?

[6:55] If you renounce your US citizenship, you will need a visa to visit the US.

[7:30] It has become harder to become a citizen of Uruguay.

[10:15] What does easy really mean?

[11:05] People say Panama is easy, but it really isn't.

[14:00] Why do you really want a second passport?

[15:30] Have a plan and know the real reason why you are aiming for a new residency card.

[17:25] The reality is, you may never really need a second passport.

[18:15] The moral of the story is, what is easy and does it serve your purpose?

[21:00] Easy isn't always the best way. Good options are often not marketed as easy. 

[21:20] The easiest way to lose weight? Eat better and exercise, not that hard, you just have to do it.

[21:40] Why do you want to move to another country? If you don't have the answer, don't do it yet.

[24:35] What is easy for Andrew, might not be easy for you.

 

Interview:

[27:15] Andrew introduces Sarah.

[27:50] Why did Sarah want to be a nomad/traveler?

[29:30] People don't travel because they don't know where to get started.

[30:35] When you travel, you can make friends wherever you are.

[31:30] What kind of fears did Sarah have when she started traveling?

[35:00] For tax purposes, it's good to know how many days you've been in each country.

[36:40] Spain is a place you want to live in, but not a place to do business in.

[37:50] How is Sarah planting her flags?

[41:35] South East Asia is fun, but it's not a place to live in for a long time.

[44:10] Men vs women traveling to South East Asia? Is it less fun for women to go there?

[45:15] There are differences in dating.

 

The Lighting Round:

[47:00] One business – No answer.

[47:25] One country – A warm country like Spain or Australia.

[48:15] One book - Invisible Selling Machine by Ryan Deiss

[49:15] One tool – Basecamp.

 

Listener Question:

[51:55] What kind of creature comforts has Andrew added into his travels?

[54:15] Andrew will be taking a duffel bag full of teas.

[56:45] A country like Georgia doesn't have a lot of creature comforts.

[57:05] There's an opportunity to provide creature comforts in countries where they don't have them.

 

Mentioned in This Episode:

http://nomadcapitalist.com/

http://nomadcapitalist.com/author/sarah-schaetti/

Invisible Selling Machine by Ryan Deiss

Andrew@nomadcapitalist.com

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