Citizenships are often judged by how many countries their passport can visit without a visa. You should also consider other factors like tax freedom, business and investment freedom, and safe haven status. In this video, we explain why visa-free travel alone is irrelevant.
https://nomadcapitalist.com/2018/12/21/visa-free-travel/
Andrew Henderson and the Nomad Capitalist team are the world's most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best".
Work with Andrew: http://bit.ly/Nomad-Capitalist-Application
Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle.
Our growing team of researchers, strategies, and implementers add to our ever-growing knowledge base of the best options available. In addition, we've spent years studying the behavior of hundreds of clients in order to help people get the results they want faster and with less effort.
About Andrew: https://nomadcapitalist.com/about/
Our Website: http://www.nomadcapitalist.com
Subscribe: https://www.youtube.com/subscription_center?add_user=nomadcapitalist
Buy Andrew's Book: https://amzn.to/2QKQqR0
DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.
We've had a great global economy for many years. But now we could be on the verge of a recession. Here are two tips that every business owner should be taking right away to prepare for the recession.
Andrew Henderson and the Nomad Capitalist team are the world's most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best".
Work with Andrew: http://bit.ly/Nomad-Capitalist-Applic...
Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle.
Our growing team of researchers, strategies, and implementers add to our ever-growing knowledge base of the best options available. In addition, we've spent years studying the behavior of hundreds of clients in order to help people get the results they want faster and with less effort.
About Andrew: https://nomadcapitalist.com/about/
Our Website: http://www.nomadcapitalist.com
Subscribe: https://www.youtube.com/subscription_center?add_user=nomadcapitalist
Buy Andrew's Book: https://amzn.to/2QKQqR0
DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.
Why are the salaries in some countries are lower than the salaries of equal people in other countries? I came across a very interesting report and wanted to tell you about it in this podcast.
Andrew Henderson and the Nomad Capitalist team are the world's most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship.
We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best".
Work with Andrew: http://bit.ly/Nomad-Capitalist-Application
Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle. Our growing team of researchers, strategies, and implementers add to our ever-growing knowledge base of the best options available.
In addition, we've spent years studying the behavior of hundreds of clients in order to help people get the results they want faster and with less effort.
About Andrew: https://nomadcapitalist.com/about/
Our Website: http://www.nomadcapitalist.com
Subscribe: https://www.youtube.com/subscription_center?add_user=nomadcapitalist
Buy Andrew's Book: https://amzn.to/2QKQqR0
DISCLAIMER: The information in this podcast should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.
https://nomadcapitalist.com/2020/01/29/how-to-avoid-paying-taxes/
There are more nomad capitalists, digital nomads and perpetual travelers than ever before. The world is more mobile than ever before. And oftentimes people are traveling very quickly and non-stop. So if you don't have any kind of home where do you pay tax? I am going to give you my thoughts on that issue in this podcast.
Andrew Henderson and the Nomad Capitalist team are the world's most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship.
We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best".
Work with Andrew: http://bit.ly/Nomad-Capitalist-Application
Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle. Our growing team of researchers, strategies, and implementers add to our ever-growing knowledge base of the best options available.
In addition, we've spent years studying the behavior of hundreds of clients in order to help people get the results they want faster and with less effort.
About Andrew: https://nomadcapitalist.com/about/
Our Website: http://www.nomadcapitalist.com
Subscribe: https://www.youtube.com/subscription_center?add_user=nomadcapitalist
Buy Andrew's Book: https://amzn.to/2QKQqR0
DISCLAIMER: The information in this podcast should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.
1) Seoul, South Korea
2) Kuala Lumpur, Malaysia
3) Taipei City, Taiwan
4) Belgrade, Serbia
5) Dublin, Ireland
6) Mexico City, Mexico
7) Bogota, Colombia
Andrew Henderson and the Nomad Capitalist team are the world's most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship.
We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best".
Work with Andrew: http://bit.ly/Nomad-Capitalist-Application
Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle. Our growing team of researchers, strategies, and implementers add to our ever-growing knowledge base of the best options available.
In addition, we've spent years studying the behavior of hundreds of clients in order to help people get the results they want faster and with less effort.
About Andrew: https://nomadcapitalist.com/about/
Our Website: http://www.nomadcapitalist.com
Subscribe: https://www.youtube.com/subscription_center?add_user=nomadcapitalist
Buy Andrew's Book: https://amzn.to/2QKQqR0
DISCLAIMER: The information in this podcast should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.
https://nomadcapitalist.com/live/
A lot of challenges that entrepreneurs face come from not knowing how to choose the right friends. The friends that we have dictate the growth, the success, the mindset that we have. In this podcast, Andrew is discussing Robert Kiyosaki's article "What the Rich Teach Their Kids About Friendship".
Andrew Henderson and the Nomad Capitalist team are the world's most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship.
We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best".
Work with Andrew: http://bit.ly/Nomad-Capitalist-Application
Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle. Our growing team of researchers, strategies, and implementers add to our ever-growing knowledge base of the best options available.
In addition, we've spent years studying the behavior of hundreds of clients in order to help people get the results they want faster and with less effort.
About Andrew: https://nomadcapitalist.com/about/
Our Website: http://www.nomadcapitalist.com
Subscribe: https://www.youtube.com/subscription_center?add_user=nomadcapitalist
Buy Andrew's Book: https://amzn.to/2QKQqR0
DISCLAIMER: The information in this podcast should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.
https://nomadcapitalist.com/2018/05/09/second-passport-portfolio/
Let's discuss an opportunity to get a second passport and how you can use the current situation to do that.
Andrew Henderson and the Nomad Capitalist team are the world's most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship.
We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best".
Work with Andrew: http://bit.ly/Nomad-Capitalist-Application
Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle. Our growing team of researchers, strategies, and implementers add to our ever-growing knowledge base of the best options available.
In addition, we've spent years studying the behavior of hundreds of clients in order to help people get the results they want faster and with less effort.
About Andrew: https://nomadcapitalist.com/about/
Our Website: http://www.nomadcapitalist.com
Subscribe: https://www.youtube.com/subscription_center?add_user=nomadcapitalist
Buy Andrew's Book: https://amzn.to/2QKQqR0
DISCLAIMER: The information in this podcast should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.
Andrew is locked down in Malaysia and discusses the difference between fear and anxiety, and why it matters to your business.
Andrew Henderson and the Nomad Capitalist team are the world's most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship.
We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best".
Work with Andrew: http://bit.ly/Nomad-Capitalist-Application
Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle. Our growing team of researchers, strategies, and implementers add to our ever-growing knowledge base of the best options available.
In addition, we've spent years studying the behavior of hundreds of clients in order to help people get the results they want faster and with less effort.
About Andrew: https://nomadcapitalist.com/about/
Our Website: http://www.nomadcapitalist.com
Subscribe: https://www.youtube.com/subscription_center?add_user=nomadcapitalist
Buy Andrew's Book: https://amzn.to/2QKQqR0
DISCLAIMER: The information in this podcast should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.
Andrew is locked down in Malaysia and discusses how to find good deals during bad times.
Andrew Henderson and the Nomad Capitalist team are the world's most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship.
We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best".
Work with Andrew: http://bit.ly/Nomad-Capitalist-Application
Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle. Our growing team of researchers, strategies, and implementers add to our ever-growing knowledge base of the best options available.
In addition, we've spent years studying the behavior of hundreds of clients in order to help people get the results they want faster and with less effort.
About Andrew: https://nomadcapitalist.com/about/
Our Website: http://www.nomadcapitalist.com
Subscribe: https://www.youtube.com/subscription_center?add_user=nomadcapitalist
Buy Andrew's Book: https://amzn.to/2QKQqR0
DISCLAIMER: The information in this podcast should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.
Andrew is locked down in Malaysia and explains how to invest in chaotic times.
Andrew Henderson and the Nomad Capitalist team are the world's most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship.
We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best".
Work with Andrew: http://bit.ly/Nomad-Capitalist-Application
Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle. Our growing team of researchers, strategies, and implementers add to our ever-growing knowledge base of the best options available.
In addition, we've spent years studying the behavior of hundreds of clients in order to help people get the results they want faster and with less effort.
About Andrew: https://nomadcapitalist.com/about/
Our Website: http://www.nomadcapitalist.com
Subscribe: https://www.youtube.com/subscription_center?add_user=nomadcapitalist
Buy Andrew's Book: https://amzn.to/2QKQqR0
DISCLAIMER: The information in this podcast should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.
Andrew is locked down in Malaysia and explains why the coronavirus is the perfect reminder of the need for a safe haven second residence and second citizenship.
https://nomadcapitalist.com/2020/03/06/internationalize-panic/
Andrew Henderson and the Nomad Capitalist team are the world's most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship.
We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best".
Work with Andrew: http://bit.ly/Nomad-Capitalist-Application
Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle. Our growing team of researchers, strategies, and implementers add to our ever-growing knowledge base of the best options available.
In addition, we've spent years studying the behavior of hundreds of clients in order to help people get the results they want faster and with less effort.
About Andrew: https://nomadcapitalist.com/about/
Our Website: http://www.nomadcapitalist.com
Subscribe: https://www.youtube.com/subscription_center?add_user=nomadcapitalist
Buy Andrew's Book: https://amzn.to/2QKQqR0
DISCLAIMER: The information in this podcast should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.
Andrew is locked down in Malaysia and discusses why no good times or bad times last forever. Now is a time to reassess your business, your investments, and your redundancies.
https://nomadcapitalist.com/2020/03/06/internationalize-panic/
Andrew Henderson and the Nomad Capitalist team are the world's most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship.
We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best".
Work with Andrew: http://bit.ly/Nomad-Capitalist-Application
Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle. Our growing team of researchers, strategies, and implementers add to our ever-growing knowledge base of the best options available.
In addition, we've spent years studying the behavior of hundreds of clients in order to help people get the results they want faster and with less effort.
About Andrew: https://nomadcapitalist.com/about/
Our Website: http://www.nomadcapitalist.com
Subscribe: https://www.youtube.com/subscription_center?add_user=nomadcapitalist
Buy Andrew's Book: https://amzn.to/2QKQqR0
DISCLAIMER: The information in this podcast should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.
Andrew is locked down in Malaysia and sharing his thoughts on what you need to survive a panic.
https://nomadcapitalist.com/2020/03/06/internationalize-panic/
Andrew Henderson and the Nomad Capitalist team are the world's most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship.
We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best".
Work with Andrew: http://bit.ly/Nomad-Capitalist-Application
Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle. Our growing team of researchers, strategies, and implementers add to our ever-growing knowledge base of the best options available.
In addition, we've spent years studying the behavior of hundreds of clients in order to help people get the results they want faster and with less effort.
About Andrew: https://nomadcapitalist.com/about/
Our Website: http://www.nomadcapitalist.com
Subscribe: https://www.youtube.com/subscription_center?add_user=nomadcapitalist
Buy Andrew's Book: https://amzn.to/2QKQqR0
DISCLAIMER: The information in this podcast should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.
Andrew is locked down in Malaysia and sharing his thoughts about the coronavirus, market panic, and how to survive and thrive in the chaos.
https://nomadcapitalist.com/2020/03/06/internationalize-panic/
Andrew Henderson and the Nomad Capitalist team are the world's most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship.
We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best".
Work with Andrew: http://bit.ly/Nomad-Capitalist-Application
Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle. Our growing team of researchers, strategies, and implementers add to our ever-growing knowledge base of the best options available.
In addition, we've spent years studying the behavior of hundreds of clients in order to help people get the results they want faster and with less effort.
About Andrew: https://nomadcapitalist.com/about/
Our Website: http://www.nomadcapitalist.com
Subscribe: https://www.youtube.com/subscription_center?add_user=nomadcapitalist
Buy Andrew's Book: https://amzn.to/2QKQqR0
DISCLAIMER: The information in this podcast should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.
If you are a location independent entrepreneur and living a nomadic lifestyle, you should definitely consider going to countries in southeast Asia, Latin America, or southeast Europe, as they are tax-friendly and have lower living costs.
That way, you will save more of your money and be able to "pay yourself first", by not paying unnecessary taxes.
At the same time, you will enhance your quality of life and spend money on things you really WANT and not on something you are supposed to.
We talk a lot here at Nomad Capitalist about easy and fast ways to open an offshore bank account in order to gain diversification and security.
However, if you are lucky enough to be a high-net-worth individual (HNWI), easy and fast may not be one of your priorities - you want something high-class and special.
You could always go to one of the private banks in the world's current financial hubs, such as Singapore and Hong Kong and put all your millions there, but our advice is to diversify a bit.
A winning formula could be: choose a priority bank in Singapore, for example, which would be your "anchor" and then open a series of other priority bank accounts in different countries and banks.
This is especially a good idea if you are investing in real estate because in this way you gain access to some offers available only to people banking in the exact bank or country.
While planning tax reduction strategies, people are mostly focusing on the income tax and they are neglecting the important part of the US tax system - the payroll tax.
If you're not sure what it represents, this type of tax includes social security and medical care.
Digital nomads, freelancers, and other people living and working overseas may avoid paying income tax, but if their company is registered in the US, they still have to pay the payroll tax.
That's why opening an offshore company and employing people outside your home country may be the solution you're looking for.
No one knows the exact number of people that renounced their US citizenship, but the reality is that it's happening and that this number will more likely grow in the years to come.
There are various reasons for that.
The most common one is certainly high taxes and a number of laws concerning them, like FATCA.
However, apart from those financial reasons, many Americans just realized that they don't want to be part of the US system anymore - they don't share the same values, opinions and the way of life.
There is a big debate in the business world about whether it's better to have active or passive income.
But the question is: Is passive really passive?
Because even though you think that your income is passive since it's not your main job and career, that's not the case if you have to manage it somehow.
In the end, the choice is yours, but the formula we believe is successful is: "Focus on passive growth and active income."
If you are into crypto mining, you may be worried because of the recent and continuing crypto lows.
On the other hand, this will force you to discover new energy efficient places and countries, that are crypto-friendly, as well.
While some people talk about the US and Canada as good places to mine crypto, we would suggest some smaller and more independent countries, like Georgia and Iceland.
We talked about it a lot here at Nomad Capitalist - people just love the idea of easy.
Sometimes easy is good, it's true, but sometimes it forces us to make unnecessary mistakes, it's not cost-effective, it doesn't have long-term benefits...
What is important is to know who you are, what you need and how you can achieve it - not just chase the idea of easy.
Respect your time and efforts more and you will see the fruits of it very soon.
Here at Nomad Capitalist, it's all about breaking down the barriers - real life, as well as psychological ones.
For some reason, people mostly find this nomadic and offshore lifestyle being a huge, impossible step to take and they are not brave enough to go outside their familiar framework and comfort zone.
That's why it's important to start thinking globally, explore the world, travel, get familiar with the "other side". You don't have to go all-in, "baby-step" your way to the final goal.
And remember: No one believes it's possible until it's done.
Risk tolerance and people's idea of safe are mostly completely wrong - they tend to stick to the old, rooted ideas about the world and don't take into consideration the constant changes.
People still believe that the most developed countries are also the safest when it comes to investing, banking and other financial matters.
The reality is that emerging countries, like Armenia, Georgia, countries in Southeast Asia and Europe are much more suitable for foreign investments, prices are stable, or constantly growing and there are fewer problems in general.
Are you one of those people who believe that investing in Australian real estate is reliable and profitable?
On the contrary - it just may be the worst investment move you can ever make. Returns and yields are surprisingly low and you will have to pay high taxes as well.
Therefore, if you want to invest your money in real estate, you better look for a place in some of the emerging markets, such as southeast Asia or Latin America, where your wealth will grow and forget about Australia.