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Although recessions are increasingly global, it doesn’t mean that all areas of the world are equally affected. There are always global pockets able to weather the storm without major incidents.
For example, Australia did not experience an economic setback in the Great Recession of 2008. Most people barely felt any economic disruption, given that the economy is very dependent on China.
If you broadened your horizons of who could potentially be your customer, you could have received an income stream from an area of the world which was virtually unaffected.
Perhaps in time, this lifeline might have even become the primary audience of your business. By not artificially shackling yourself to one specific demographic or area of the world, you have a better ability to find potential customers.
In this video, Andrew shares what you need to do before the recession.
00:00 Start
0:08 Response to Recession
3:14 What Do Governments Do in a Recession?
6:35 The Best Places to Live
9:22 Living in Singapore
9:54 Life in the Western World
The Nomad Capitalist is the world’s most sought-after expert 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.”
Nomad Capitalist has created and implemented plans for 1000+ clients and helped them to go offshore, keep more of their wealth, and enjoy an unprecedented level of global freedom. Our growing team of researchers, strategies, and implementers add to our ever-growing knowledge base of the best options available. We’ve built our team around our holistic approach to serving the needs of globally-minded entrepreneurs and investors.
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.
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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.
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Brazil stopped making passports. Scary
EU is not oh and ah. Be careful! Because many American wealthy families are actually Europeans that still have power here in EU.
EVERY FAMILY HAS A PERSON WHO BREAKS THE CHAIN OF POVERTY. I PRAY YOU BECOME THAT PERSON.
Amen 🙏
Most people are so poor that all they have is money, invest some of it no matter how small, when you invest you are buying a day that you don't have to work.
"expanding your optionality!"
So true! Many, many thanks!
India has become like a cage.
5 years back it was easy to move out.
After 5 years from now it will be like prison, Impossible to move out !!
Andrew, please help Indians move out of this facist regime.
How much would it cost to get 1 year find a job visa for Portugal
I'm curious on if there's any danger in getting Taiwan citizenship by descent; if China takes it over
I can't believe you're so Patriotic!!! ,make money in North America and run like a rat to different countries with dollars and don't pay taxes ….🙄 .
Seriously DATED information.
Can you still live in a county from which you denounce citizenship? Would that make you instead a resident, and hold any rights?
so what is andrew's nationality now? Where is he doing his business?
I am stuck with Indian citizenship and its really tough to get a PR or Citizenship outside
Hi Andrew, could you please share you opinion on Hong Kong future? Since it is slowly joining mainland China, will in be still safe to have a company registered there in 5, 10 years?
Your editor sure likes changing those angles every 2 seconds 🤣
Hi there,
can you suggest what country right now that don't force poisonous vaccine?
I'm so sick of this G20 & WEF fuckers forcing me to take endless shots
If I have a Colombian and Australian citizenship now, which one is smarter to give up if Im planning on applying to Danish citizenship, where Im currently a resident?
Thank you for this advice
Can you do a video on budget passport countries?
Why r u making a video targeted at the type of ppl who r mostly likely will never watch ur channel??
"100% chance of resession in 2023"
No shit we are already there
100% chance 2023 depression + hyperinflation
As usual, rambling and twitching and not saying anything of concrete value except for "get out of the US". Gee, thanks.
In recessions the rich get richer and they crash the poor and middle class. I can't even get an appointment at the embassy in canada to get my forms so i can get a temporary 4 year citizenship somewhere else. They are just giving the run around and making sure we can't leave
Portugal recently started imposing 30% Windfall Tax of many companies so watch out 😅Above that Crime has risen 100 folds in Lisbon Suburban Areas, I was almost Stabbed at Burger Kind 2 weeks ago
Andrew, what are your thoughts on the CBDCs?
I'm stuck in the US for now.
What options for SSA Recipients?
From firsthand experience I can attest that having Permanente Residente status in Mexico is a positive move that helps me sleep at night.
San Francisco will soon be handing out UBI to Transgenders…
👠👠 So, Just pull my hair and call me Suzy 💋 🤣
We're already in a recession lol
hi
How can you compare Singapore, a city-state to the United States with 50 states the smallest of which is way larger than the whole of Singapore?
United States heading to depression not reccission
Look in Europe and united states under Biden are making stupid moves