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Here at Nomad Capitalist, we spend a lot of time talking about the concept of going where you’re treated best. Andrew created his own Global Citizen Sandwich strategy which is an analogy that he uses to explain how he structures his international lifestyle.
The Global Citizen Sandwich is based on the fact that most people who want to go offshore are looking to do three things: they want to keep more of their money, live a freer and happier life, and grow their wealth.
In this video, Andrew explains his Three-Step Strategy to Global Diversification.
00:00 Start
00:40 Global Citizen Sandwich
01:52 Living in Singapore
03:19 Best investments in 2022
06:16 Investing in Real Estate
08:09 Money Tips
09:00 Living in Latin America
10:58 Living in Europe
Andrew Henderson and the Nomad Capitalist team are the world’s most sought-after experts 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”.
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Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle.
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.
source
Top slice: Asset Protection – Singapore✔
Bottom slice: Growth Investment – Cambodia✔
Meat: Lifestyle
Puerto Rico – 5 months (for tax purposes)✔
Mexico: 4 months✔
United States: 3 months✔
I think considering the world as a buffet is a really responsible way of placing your efforts, you've extended your thought to the ENTIRE WORLD to try to maximize your outcomes, its really being conscientious.
You can bank in Switzerland and live in Portugal only if you go to a private Swiss bank with over 5 million€ & huge fees, otherwise, Switzerland open bank accounts starting with 50.000€ if you’re a resident or citizen of France,Germany or Italy(for Ticino)🙄, if you’re an US citizen and open an account in a Swiss private bank they’ll exchange tax informations
(Another great video by the way, thanks)
Phnom Penh: PA-nom pen
Gotta pronounce that P 💪
Phnom means hill in Khmer
"rock solid" is not what I would call Singapore banks when services were down for 3 to 4 days recently for one of the major banks. Also, negative news recently regarding other major banks. In fact, it's worrying considering the news and I watch this channel to see where's a safe place to park money (nevermind the interest rates).
Very good content as always. It would have been interesting if you shared with us the example on the Middle East region.
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All that is fine but when are you getting the old intro back?
Great video Andrew. Where would you suggest for realestate investment in Latin America and/or the Carribean?
Please what is your opinion of banking in Prague
Hello sir , can hold both British and American citizenship at the same time as an African
I like to invest in Africa .
Are you ever gonna get married bro ?
How easy is it to open a bank account in a country you don’t live ,but just want your money out of your country In my case Canada
Brilliant strategy Andrew 👏
Excellent video Andrew. Excellent ideas! We will be in touch in a very near future.
Singapore isn't unrivalled anymore. Hong Kong is.
I don’t really have a social life outside my family right now, so going someplace I can meet people would be great. I’ve lived in China, so I can probably adapt to most places. Malaysia actually sounds interesting. So does Bogotá. I have a small metals hold in Singapore right now, so expanding banking and Metals there is of interest.
I mean, I want to be someplace nice with nice places around it where I can feel safe raising a family, not the old “mansion surrounded by favelas” thing that’s just asking for trouble.
Information on point 👊🏾👊🏾👊🏾
Great video, Andrew!! Thank you very much!!
Hi Andrew. Will you be doing any research for the continent of Africa? Have looked at countries like Kenya, Botswana, Namibia, Zambia, South Africa, Senegal and The Gambia? Also Mauritius and Zanzibar? Mozambique is very up and coming and safe.
Singapore had a terrible lockdown. Andrew why don’t you ever bring that up? People should know which country went totalitarian and which did not. Why is this a topic that you ignore???
What are the requirements for Singaporean residency?
You are not a European fan. Perhaps is for their high taxes. Countries are like restaurants. Good food with good ambiance charge more . What is money good for if cannot be spent a good life. If is not home why compromise. Unless you are an adventurist in your 20s you must go some where that is safe in all aspects , good climate , good food , cultured with good standard of living . Is South America is in that category? Is south east Asia in that category? Life is too short to be cheep. Go where you are treated best. Don’t be cheap! There is a saying that says I am not rich enough to buy cheap stuff.
"The world is a buffet" Nomad Capitalist
I would like to see more videos like this one, how to improve and grow my money, at least a couple times a week.
Do you offer online classes ? You could have an online university or learning center
Keep the food analogies coming. It's making your proposals a lot more palatable.
At 11 years old, I am learning about Investing and Business. My dad watches your content and I have been trying to join him as well – although I am not able to fully understand the subject yet – will keep trying 🙂
What about mexico ?
Good Advice. What's your take on Sri Lanka, India?
Real estate has went thru the roof in Eastern Europe due to Ukrainians and Russians fleeing. Georgia, Poland, and Hungary are hit the worst!!! Dont be surprised if you need to pay $100 per night at a hotel! 😠
Thanks for another great vid!
🖐🏻☕️❤️