137: Best Visas & Citizenships by Investment, with Andrew Henderson

Invest Like a Boss

Sam Marks Johnny FD Derek Spartz

Business, Investing

4.8 • 518 Ratings

🗓️ 4 March 2020

⏱️ 66 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Andrew Henderson is a lifelong entrepreneur and the world’s most sought-after expert on offshore strategies and global citizenship. He coordinates Nomad Capitalist’s global strategy, R&D, and media efforts as part of his mission to help millions of people go where they’re treated best. Andrew has spent the last twelve years personally studying and applying the principles of Nomad Capitalist.

In this episode, you will learn how to go offshore, keep more of your wealth, and enjoy an unprecedented level of global freedom. Find out what you need to consider when renouncing your US citizenship including insight into the best passport to obtain as a digital nomad and international investor. After listening to this in-depth conversation, you’ll understand why you need to ultimately go where you’re treated best!

Links:

NomadCapitalist.com

Where We Are:

Johnny FD - Weligama, Sri Lanka
Sam Marks - Bodrum, Turkey
Andrew Henderson - Kuala Lumpur, Malaysia

Discussed:

Recommended:

ArtofFX– Start with just a $10,000 account (reduced from $25,000)
Fundrise– Start with only $1,000 into their REIT funds (non-accredited investors OK)
Betterment– Get up to 1 year managed free
PeerStreet– Get a 1% yield bump on your first loan
Wealthfront– get your first $15,000 managed free

Time Stamps:

02:10 - Traveling Turkey and other non-popular locations
08:45 - Does the USA treat you the best?
11:17 - What to consider when renouncing your US citizenship
18:15 - Obtaining additional citizenships by investments
18:53 - “I gave up my US citizenship in late 2017, I don't know that the United States is the best place.” - Andrew Henderson
21:47 - Best countries for visa-free travel
25:57 - Countries that provide citizenship through a straight forward investment
31:56 - The golden visa in popular countries
38:31 - The truth behind Diplomatic passports & immunity
42:57 - Will it be easier to move around internationally in the future?
44:34 - Nomad capitalist: An inside look
44:55 - “The first thing I think everyone should do is have a plan. Cover your finances, lifestyle residence and citizenship, and your investments.” - Andrew Henderson
47:15 - Benefits to the Thai Elite Visa from Thailand
48:03 - Should more countries offer better visa programs
50:54 - The best passport to have as a digital nomad
57:22 - Lessons learned from attempting to hold the ultimate travel documents
1:03:24 - Thank you Patrons and Apple Podcast reviewers!

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Transcript

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0:00.0	Hey bosses, this week's sponsor is Indeed. Are you hiring? With Indeed, you can post a job in minutes. Set up screener questions, then zero in on your shortlist of qualified candidates using an online dashboard. Get started today at Indeed.com slash iLab. That's indeed.com slash ILAB.
0:20.0	Welcome to the Invest Like a Boss podcast.
0:21.9	I'm Sam Martz.
0:23.1	And I'm Johnny FD.
0:24.0	We're self-made entrepreneurs who invest our own money and use modern technology to invest
0:27.7	like a boss.
0:28.5	Join us each week for exclusive interviews with our network of modern investors, business
0:32.2	owners, and multimillionaires to discover new ways to invest our hard-earned cash.
0:58.7	Hey boss, this is Johnny and welcome to episode 137 of the Invest Like a Boss podcast. I'm out here in Welligama, Sri Lanka. And Sam, are you out in Barcelona? I'm not in Barcelona. You want to take a guess? I can give you a hint, or you just want to guess straight off. Oh, man Oh, man. I never know where you are, but I'm going to assume you back in North Carolina.
1:05.7	That's a good guess. I'm heading there soon, but I'll give you a hint. Okay. It's not quite Asia and it's not quite Europe.
1:14.9	Tbilisi, Georgia. Good guess. Here's another hint. Only place that ties can visit near Asia without a visa and it's not Georgia. Oh, I have no idea. Near Europe without a visa. Thai people. I've never had
1:20.0	had that issue. I have no idea. What is it? You never flown your Thai girlfriend to near Europe?
1:27.1	I'm not.
1:27.9	But I can see that.
1:28.7	I can see that being helpful for some people.
1:46.0	All right. Last hand. Gobble, gobble, gobble. Turkey. I'm in Turkey. Oh, my God. He's from Turkey. I don't know how to say hello in Turkey or I would have done that one first. Yeah, that's so funny. place called Bordrum, Turkey. It's down on the Med, basically faces Athens. If you're looking at a map, Athens, and yeah, kind of face each other over the sea. And it's cool, man. It's off-season here. Everything is super cheap because it's off-season. I'm staying in a hotel now that in the summer would probably be $250, $300 a night, but now it's like $70. And all the staff are so happy and just pleasant because there's no tourist here.
2:05.4	It's like me and my girlfriend are the only ones at the resort.
2:08.5	So it's pretty cool.
2:10.0	You know what?
2:10.3	That is actually a pretty good hack.
2:12.5	And unfortunately, you know, she doesn't have a second passport because if she did,
2:17.3	it would be much easier
	...

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