Politicians are nuts. They want all of your money, investments and transfers to be trackable. They want to find a way to take what you have. Gold confiscation, De Facto confiscation is a reality and possibly the wave of the future. You must diversify, whether it’s in gold, precious metals or real estate. And Andrew’s advice to a listener question, going to a company’s store is the best way to get a SIM card, just don’t forget your passport.
Key Takeaways:
Andrew’s Editorial:
[1:46] Politicians can decide how the world works
[2:32] Residency in Spain
[4:32] Buying and storing gold offshore
[7:00] Governments are getting smarter
[8:02] A war on cash in Europe
[9:14] Gold, Silver or precious metals
[11:10] De Facto confiscation
[12:36] A fan of Singapore for gold storage
[13:18] Byzantium in the Cayman Islands
[16:30] Asian real estate markets
Interview: Expat Dad in Bangkok, Mike Darnell
[20:23] Mike’s journey
[22:16] Can I deal with the worst case scenario?
[23:44] The startup scene in Israel
[26:10] Mike’s big a-ha moment
[27:45] A company brought me to Thailand
[28:42] Social Commerce for entrepreneurs
[30:05] Thailand is a booming economy
[32:00] You need patience to get a Thai corp set up
[36:11] Tips for expat families
[37:10] A hurdle of cross cultural communication
The Lightning Round:
[39:16] One business - An Israeli omelette
[39:53] One country - Thailand
[40:13] One book - Thinking Fast and Slow
[40:48] One tool - Base CRM
Listener Question:
[42:52] Wayan wants Andrew’s advice on SIM cards
[44:30] Your passport info just for a SIM card
[45:25] Go to the brick and mortar store
[46:35] A home base and a phone with 2 SIM card slots
Mentions:
Airbnb
The Nomad Guide to Offshore Gold
Bullion Star
Byzantium.ky
Vimi.co
Base CRM