Nomad Capitalist Audio Experience

How did I have my best financial year ever?

There are many benefits to living the Nomad Capitalist lifestyle such as huge tax savings and lower cost of living. However, there are other benefits that often go overlooked. Living the Nomad Capitalist lifestyle forces you to get out of your bubble, to open your mind, and to challenge yourself in ways that have lasting benefits.

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How can you fix Apple Products as a Nomad?

Owning Apple products and traveling can be challenging. Because Apple as a company is fairly U.S. centric, it can be tough to find an Apple store in the country that you are traveling or living in. While there are authorized apple dealers, they are often not very reliable. If you do travel with Apple products, it is best to do everything that you can to take care of them and simply hope that nothing breaks.

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Does being a Nomad Capitalist mean your life is perfect?

Everyone starts their Nomad Capitalist journey for different reasons, but it is important to keep in mind that the goal is to legally keep more of your money by drastically reducing your tax bill so that you can reinvest in yourself and your business. By doing this, you will have substantially more freedom and control over your life.

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Merry Christmas from Nomad Capitalist!

It is been a big year for us with lots of growth and lots of exciting changes. We've added many new team members and taken on more high net worth clients than ever before. This year has certainly been challenging, but we learned a lot along the way.

I hope you have a great holiday season and continue to grow in your Nomad Capitalist journey.

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Is it possible for you to change your base cities in the future?

If your Nomad Capitalist strategy involves having multiple bases around the world, you may have wondering at some point if it would be possible to change those bases in the future. The simple answer is yes. People often don't realize that there isn't as much permanence to the Nomad Capitalist as they think.

The beauty of this lifestyle is that you can scale it up, or you can scale it down.

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What mistakes have I made when hiring and what have I learned from them?

I will share the top 6 mistakes I`ve made and show where I've had the chance to improve over the last few years.

1. Follow your intuition, own it

2. Don`t put talent first

3. Don't focus on specific talent

4. Screen out disagreeable people

5. Don`t hire people who are too smart for their own good

6. Never settle for good enough

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How much should you pay for a second passport?

There are many different methods of acquiring a second passport, and many of them can be quite expensive. Regardless of what your net worth is, nobody wants to waste money. That is why when you are starting your Nomad Capitalist journey, you have to be honest with yourself about how much you are willing to spend to achieve your desired end result.

https://nomadcapitalist.com/2018/05/09/second-passport-portfolio/

How can you compare real estate prices around the world?

There are many metrics you can use to compare real estate deals between different countries and markets, but the most important one to keep in mind is the cost (USD) per square meter. If you use this metric well, you can effectively decide whether or not you are getting a good deal by comparing different real estate markets around the world.

https://nomadcapitalist.com/2019/02/28/benefits-international-real-estate/

What are the 7 best Spanish speaking countries to live in?

When moving abroad or thinking about implementing a Nomad Capitalist strategy, a lot of people are concerned with the potential language barriers.

Below are my picks for the top 7 best Spanish speaking countries to live in:

03:12 Puerto Rico

04:36 Mexico

06:07 Colombia

07:44 Peru

09:05 Argentina

10:46 Costa Rica and Panama

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I recently purchased an apartment in Bogota, Colombia, and I wanted to show it to you.

Located in the best residential neighborhood in Colombia’s capital, this property cost 562,000,000 Colombian pesos, or about $160,000. At about $1,500 per meter, it’s a bargain for the neighborhood but a bit above what you might pay down the street.

Rental yields in Bogota can reach as high as 10%, which is about what this apartment would get after a basic renovation.

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