Is 2025 the year you’re finally considering a move outside the US? Dr. Jay and Bri dive into the increasingly popular topic of becoming an expat, an idea more and more people are considering. They get into the weeds of what it really takes to make moving abroad work, from the financial realities of moving pets (it's not cheap!) to the complex world of tax treaties and international law.

Whether you're looking for a permanent move or just a temporary change of scenery, this episode will help you think through the financial and personal considerations you need to live a life on your own terms.

Timestamps:

🔹1:20 - Why every country has its "own weirdness" and the importance of having an exit plan

🔹2:50 - The financial realities of an expat life, including the cost of moving pets

🔹5:30 - The first step: looking into citizenship by heritage

🔹9:20 - Exploring digital nomad and retirement visas as an alternative to citizenship

🔹11:45 - The importance of getting professional help early from a CFP, lawyer, and CPA

🔹16:30 - How tax treaties can affect your Roth contributions and other investments

🔹18:20 - Planning for healthcare and long-term care abroad

🔹20:55 - The "expat not expat" plan: maintaining US residency while living abroad

🔹23:25 - Addressing the emotional and social challenges of leaving friends, family, and community

🔹25:30 - A final word on fear and finding a plan that balances your life and finances

Mentioned in this Episode:

• Nomad Capitalist: https://nomadcapitalist.com
• Join the Childfree Trust Waitlist: https://childfreelegacy.com
• Schedule your Childfree Wealth Checkup: https://childfreewealth.com/schedule-a-checkup/

The Childfree Wealth Podcast, hosted by Bri Conn, CFP®, and Dr. Jay Zigmont, CFP®, is a financial and lifestyle podcast that explores the unique perspectives and concerns of Childfree individuals and couples.

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Disclaimer: This podcast is for educational & entertainment purposes. Please consult your advisor before implementing any ideas heard on this podcast.