Politicians are nuts. They want all of your money, investments and transfers to be trackable. They want to find a way to take what you have. Gold confiscation, De Facto confiscation is a reality and possibly the wave of the future. You must diversify, whether it’s in gold, precious metals or real estate. And Andrew’s advice to a listener question, going to a company’s store is the best way to get a SIM card, just don’t forget your passport.  

 

Key Takeaways:

Andrew’s Editorial:

[1:46] Politicians can decide how the world works

[2:32] Residency in Spain

[4:32] Buying and storing gold offshore

[7:00] Governments are getting smarter

[8:02] A war on cash in Europe

[9:14] Gold, Silver or precious metals

[11:10] De Facto confiscation

[12:36] A fan of Singapore for gold storage

[13:18] Byzantium in the Cayman Islands

[16:30] Asian real estate markets

 

Interview: Expat Dad in Bangkok, Mike Darnell

[20:23] Mike’s journey

[22:16] Can I deal with the worst case scenario?

[23:44] The startup scene in Israel

[26:10] Mike’s big a-ha moment

[27:45] A company brought me to Thailand

[28:42] Social Commerce for entrepreneurs

[30:05] Thailand is a booming economy

[32:00] You need patience to get a Thai corp set up

[36:11] Tips for expat families

[37:10] A hurdle of cross cultural communication

 

The Lightning Round:

[39:19] One business – An Israeli omelette

[39:53] One country – Thailand

[40:13] One book – Thinking Fast and Slow

[40:48] One tool – Base CRM 

 

Listener Question:

[42:52] Wayan wants Andrew’s advice on SIM cards

[44:30] Your passport info just for a SIM card

[45:25] Go to the brick and mortar store

[46:35] A home base and a phone with 2 SIM card slots

 

Mentions:

Airbnb

The Nomad Guide to Offshore Gold

Bullion Star

Byzantium.ky

Vimi.co

Base CRM

Nomad Capitalist Live

Nomad Capitalist Live

Nomad Capitalist Live is our flagship podcast is where you hear from real life expat entrepreneurs and learn the strategies they are using to make more money and keep more of what they have.
Nomad Capitalist Live

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