Knowing how all the pieces of the puzzle fit is critical. So, unless you good tax lawyers/CPA's in your home country and good tax lawyers assisting you in the country of you are looking at. Better consider Nomad Capitalist, otherwise you'll probably pay too much!
As someone who has lived in America, The Netherlands, Hungary, Thailand, Cambodia and last 10 years here in the Dominican Republic, trust me when I say, this fella and his team are giving you folks some very good advice worth following.
I'm not rolling in money, yet I still recommend Andrew's videos to folks. Common sense advice about world travel, citizenship, visas, etc. is so valuable.
This channel has done two things for me: 1. Get motivated to be successful 2. To create a game plan to leave the nonsense of America Keep up the good work Nomad Capitalist
Totally agree Andrew. In 1999 I bought my first apartment in Belo Horizonte, Brazil. That was not normal in these times and even less the fact of being a woman.
@Aamer Zaido if you plan on doing anything in the middle east, it's the only government with the military capability to rescue you from a dictator or terr0r1st organization
Awesome advice. The shine wears out if it is unreliable, unsustainable. Understanding the variables and how they will affect future outcomes is so important.
Very great perspective here and points to the need of obtaining a passport not from angle of window shopping like clothing or diamonds but from the ways it will impact many more aspects of your lifestyle including taxation and second residences.
Hi Andrew!!! Thanks so much for such valuable advice always! I watch every video. The Hubby and I are your quintessential middle-class couple. We aren't wanting to relocate to another Country and renounce for company or tax purposes but rather on principle and set of personal ethics. We are concerned still about the proper way to invest and work on a comfortable retirement. Any tips for the non-wealthy fans out there? Thanks for all you do and all your efforts to educate the masses! 🥂
Most middle class Americans have enough monthly income to qualify for residency in many Central and some South American countries, actually even Mexico. Ecuador, for instance, is absolutely full of American expats. This is of course a double edged sword (edge sword?) because they like to talk American politics and American problems while having relocated to avoid America (and not just taxes). So if you are trying to leave that behind, maybe avoid heavy expat areas like Cuenca & San Miguel De Allende =). But you also have to be OK with a certain level of dirty, and sad street dogs all over unless living in an expat bubble full of potentially complaining expats. (Thats the double edged sword part). Depending on where you stand ethically and with your principles, Central and South Americans are largely leftists and more religious than the average American in my opinion. There is simply no concept of small government south of Texas (corrupt government, yes, changing governments like changing shoes, yes, small, efficient government with limited power, not even on the menu). Good luck! I am from Argentina, my husband is American, we are also looking to expand our horizons. Argentina is NOT on the list. Fine to visit, bad to live full time.
Good luck Melanie. We’re in similar boat in Ontario Canada but with sml consulting biz. Not liking what’s coming. Hopefully we’ll all find a better path with info like this. PS buy his ebook it has good info and only $9.99.
Andrew, if I have a checking account with a German bank should I keep it open? I currently live in the US but may have to return to Germany for work. I can use my debit card with them stateside and their app works here as well.
to travel to other countries, not just the residential one. Some passports (like those from the EU) open up dozens of other possibilities, like living in 27 countries
Feeling a bit overwhelmed now. I’m not sure our net worth is high enough to qualify for your services but may contact your staff to find out. Thx for more good info.
Feel free to email us at help@nomadcapitalist.com and we'll do everything we can to help. If we don't think we can deliver a positive ROI we'll say so, but we don't bite. 😊
Doug Casey just mentioned on his channel that a Paraguay residency is very easy. True? And you don’t have to live there and 3 years later you have a citizenship ? Is Mexico easier?
I like Doug Casey, but he is a salesman. His books are great. His newsletters ( when he was still associated with them) weren’t all they were hyped up to be. I would take things he says as good leads, but don’t bank on them. Do your own research.
Freedom in this NOT free world is so hard, and will be even harder! Now with the surge of the covid-19, it's almost impossible to move anywhere. Good advise nonetheless. Thanks
Hi Andrew I’m a naturalized American Citizen and I have a few bucks I don’t need to use I would like to buy second citizenship. However I would not like to renounce or lose my US citizenship. Is it possible to be both Saint Kitts and US citizen?
VIDEO REQUEST: People are still flocking to U.S.. My Philippina wife is about to get U.S. citizenship in just months.. This was a big step up for her, but we are already talking about Mexico dual citizenry.. It is beyond the scope of your stated business plan, but... To whom does it still make sense to come to America??
Let's be honest: A plan B will only be considered by someone that is comfortable and familiar with traveling and living overseas. Most Americans have no idea what it's like to live long term overseas.
Andrew...you are working a bit too hard and need to get some sun and take a couple weeks off (get that Vitamin D by laying out in the sun)! The knowledge you freely give is truly your gift to humanity via principals of liberty and the pursuit of happiness, two ideals America has lost. Thank you.
But morally, you wouldn't want to help fund genocide and terrorism right? Turkey has some things going on where I'm seeing protests to boycott support to their economy. I mean if we are only talking about self preservation, then that is one thing but idk...
Knowing how all the pieces of the puzzle fit is critical. So, unless you good tax lawyers/CPA's in your home country and good tax lawyers assisting you in the country of you are looking at. Better consider Nomad Capitalist, otherwise you'll probably pay too much!
Mcdeoako
L
Ask a a somlsos
Lot. Itldlo l
Yelp SYou lot soloC
?@. ZF ah motto?9. Tess
Mv
I really admire your honesty and integrity
Thank you, Yakan.
@@nomadcapitalist you are very professional , honestly the most professional advisor in this line of business that I’ve seen during the last 15 years
As someone who has lived in America, The Netherlands, Hungary, Thailand, Cambodia and last 10 years here in the Dominican Republic, trust me when I say, this fella and his team are giving you folks some very good advice worth following.
How do you like Dominican Republic? How did you decide to live here, over other places you’ve lived?
@@poppylove3673 Proximity to home state of Florida. Cost of living. Quality of life. The People, Coffee, Chocolate, Rum, Fruit and Friends.
I'm not rolling in money, yet I still recommend Andrew's videos to folks. Common sense advice about world travel, citizenship, visas, etc. is so valuable.
I am in the same boat, Croaking Toad. I plan on living or retiring overseas...Uruguay or one of the old European Eastern Block countries.
Awesome - as usual! You are spoiling us with good, solid free advices! Keep up the good work!
My pleasure!
Thank you Andrew for helping to keep us all level headed
This channel has done two things for me:
1. Get motivated to be successful
2. To create a game plan to leave the nonsense of America
Keep up the good work Nomad Capitalist
So glad to hear that!
@@nomadcapitalist Do not worry, I will use your services when the time comes, and compensate accordingly to the value. Thank you
@@nomadcapitalist What you are talking about works. That is all that matters. Plus it saves time and money, so worth the cost
Totally agree Andrew. In 1999 I bought my first apartment in Belo Horizonte, Brazil. That was not normal in these times and even less the fact of being a woman.
Wow, thanks for sharing your experience!
1991 was the same time that I traveled to the west Indies. Fell in love with the people.
Exactly one size does not fit all 👍 when people will understand this everybody will have a personalized offshore plan 💯💯💯
Very true, Rajshreyash.
@Aamer Zaido The passport for travel was excellent, currently is poor (covid) and for tax the passport is terrible.
@Aamer Zaido if you plan on doing anything in the middle east, it's the only government with the military capability to rescue you from a dictator or terr0r1st organization
Awesome advice. The shine wears out if it is unreliable, unsustainable. Understanding the variables and how they will affect future outcomes is so important.
You're right. It is largely emotional. If it emotion wasn't a factor, I would have moved yesterday.
Great thoughts on building a strategy holistically. A lot to consider to make sure that a plan works not only on paper but in reality!
Really appreciate this. Thank you for sharing your experience.
Excellent advice, really made me contemplate if I'm actually following a plan or only chasing shiny objects
Love your channel was very useful
Simply brillant.
Thank you - this was a very good reminder in so many ways
Great content❤❤👌
Very great perspective here and points to the need of obtaining a passport not from angle of window shopping like clothing or diamonds but from the ways it will impact many more aspects of your lifestyle including taxation and second residences.
Glad it was helpful!
Love your integrity. Thank you.
Hi Andrew!!! Thanks so much for such valuable advice always! I watch every video. The Hubby and I are your quintessential middle-class couple. We aren't wanting to relocate to another Country and renounce for company or tax purposes but rather on principle and set of personal ethics. We are concerned still about the proper way to invest and work on a comfortable retirement. Any tips for the non-wealthy fans out there? Thanks for all you do and all your efforts to educate the masses! 🥂
Thanks for the support and the good idea, Melanie. Feel free to reach out to our team if you need any help.
Most middle class Americans have enough monthly income to qualify for residency in many Central and some South American countries, actually even Mexico. Ecuador, for instance, is absolutely full of American expats. This is of course a double edged sword (edge sword?) because they like to talk American politics and American problems while having relocated to avoid America (and not just taxes). So if you are trying to leave that behind, maybe avoid heavy expat areas like Cuenca & San Miguel De Allende =). But you also have to be OK with a certain level of dirty, and sad street dogs all over unless living in an expat bubble full of potentially complaining expats. (Thats the double edged sword part). Depending on where you stand ethically and with your principles, Central and South Americans are largely leftists and more religious than the average American in my opinion. There is simply no concept of small government south of Texas (corrupt government, yes, changing governments like changing shoes, yes, small, efficient government with limited power, not even on the menu). Good luck! I am from Argentina, my husband is American, we are also looking to expand our horizons. Argentina is NOT on the list. Fine to visit, bad to live full time.
Good luck Melanie. We’re in similar boat in Ontario Canada but with sml consulting biz. Not liking what’s coming. Hopefully we’ll all find a better path with info like this. PS buy his ebook it has good info and only $9.99.
Hey I think you should do a story on failed nomads and the pitfalls of not doing things correctly. For example Kristen Gray and her Bali misadventure.
Just found this channel... just subscribed...
But why does your voice reminds me of Peter Schiff?
WHAT ABOUT BELIZE IS THAT A GOOD CHOICE TO INVEST AND GET A CITIZENSHIP GOT 2 LOOKING FOR A 3 ONE
We recently discussed Belize here: ruclips.net/video/TkC7JP2houY/видео.html
Selling is the noblest profession.
What is your advice on this topic for people with double citizenship (by birth)?
I am executing a plan B right now, but I would not have a plan B to execute if I had not created it in 2015.
Andrew, if I have a checking account with a German bank should I keep it open? I currently live in the US but may have to return to Germany for work. I can use my debit card with them stateside and their app works here as well.
Still not sure why we need another passport if we have proof of residency.
to travel to other countries, not just the residential one. Some passports (like those from the EU) open up dozens of other possibilities, like living in 27 countries
Feeling a bit overwhelmed now. I’m not sure our net worth is high enough to qualify for your services but may contact your staff to find out. Thx for more good info.
Feel free to email us at help@nomadcapitalist.com and we'll do everything we can to help. If we don't think we can deliver a positive ROI we'll say so, but we don't bite. 😊
@@nomadcapitalist
Thx 🙏
Do you work with six figure earners or have recommendations for a trusted agency that does?
Doug Casey just mentioned on his channel that a Paraguay residency is very easy. True? And you don’t have to live there and 3 years later you have a citizenship ? Is Mexico easier?
Residence is "easy" as much as anything is easy. You will not become a Paraguay citizen these days without physical presence.
I like Doug Casey, but he is a salesman. His books are great. His newsletters ( when he was still associated with them) weren’t all they were hyped up to be. I would take things he says as good leads, but don’t bank on them. Do your own research.
@@nomadcapitalist thank you for your knowledgeable response! Much appreciated
@@tipr8739 yes thank you. Plus an ever changing landscape - and fast. What could have been true 6 months ago...
I like Casey but I do take him with a grain of salt. His compound in Cafayate, Argentina I believe went bust.
Freedom in this NOT free world is so hard, and will be even harder!
Now with the surge of the covid-19, it's almost impossible to move anywhere.
Good advise nonetheless. Thanks
is it possible to give up your canadian citizenship and just have passports for other places?
Hi Andrew
I’m a naturalized American Citizen and I have a few bucks I don’t need to use I would like to buy second citizenship. However I would not like to renounce or lose my US citizenship. Is it possible to be both Saint Kitts and US citizen?
Anyone one else notice that the shadow for the text on the thumbnail is upside down?
I have a friends selling an apartment in Bogotá in a nice area 100K it’s a 10 floor with nice view.
VIDEO REQUEST: People are still flocking to U.S.. My Philippina wife is about to get U.S. citizenship in just months.. This was a big step up for her, but we are already talking about Mexico dual citizenry.. It is beyond the scope of your stated business plan, but... To whom does it still make sense to come to America??
Interesting idea.
How does your business charge? By the hour? Flat fee? Results based or value based? Etc. (Not the amounts, just the method).
Michael, you can see an explanation of our flat fee model here: www.nomadcapitalist.com/apply/.
Do you have an audio format of your book?
Not yet, but hopefully with the next update.
@@nomadcapitalist Keep me posted. Thank you
I wish you worked with people with less than a 6 or 7 figure income. I could really use a plan B.
Take the general principles of what he talks about. They apply across all income/wealth levels.
MOURRRRRRRR Videos please.
Interesting
Let's be honest: A plan B will only be considered by someone that is comfortable and familiar with traveling and living overseas. Most Americans have no idea what it's like to live long term overseas.
p,s you have a nice site, id love to be able to use the same people for mine
Andrew...you are working a bit too hard and need to get some sun and take a couple weeks off (get that Vitamin D by laying out in the sun)! The knowledge you freely give is truly your gift to humanity via principals of liberty and the pursuit of happiness, two ideals America has lost. Thank you.
Has this guy actually lived in one country for more than 5 minutes ? 😂
You are wrong about a plan B. Contingency planning is an absolutely required for RISK analysis. This becomes a plan A.
But morally, you wouldn't want to help fund genocide and terrorism right? Turkey has some things going on where I'm seeing protests to boycott support to their economy. I mean if we are only talking about self preservation, then that is one thing but idk...
Shut.up and give me free money