Andrew’s recent trip to the ballet signals him to discuss the importance of knowing which Western countries require you to “Be Naked” or transparent with your income while lawyers in IBC countries can hide behind a “tax free” costume. Lisa Vexler of Family Freedom Project talks about residency requirements in Costa Rica, her 9 year old entrepreneur and how her family used “The Four Hour Workweek” as a guide to finding freedom. 

 

Key Takeaways: 

 

Andrews Editorial

4:13 The culture and art of Eastern Europe

5:45 International Business Companies – IBC’s

7:59 United States LLC’s

10:16 Western tax requirements for offshore companies

13:26 Become a citizen of a country with reporting requirements

15:16 Tax strategies for Digital Nomads

17:11 Neil Strauss’s experience

 

The Interview:

22:00 The story behind the success

26:03 The Costa Rica a-ha moment

28:25 Why Tamarindo?

30:10 Offshore strategies for Costa Rica

32:16 Finding the expat expert 

33:30 Costa Rica residency requirements

36:20 Greatest business success

37:19 Setting up a physical business in Costa Rica

39:05 How did moving to Costa Rica strengthen your marriage

40:24 A 9 year old’s Tico Surf business 

 

Lightning Round 

41:48 One business – Coworking space

42:09 One country – Costa Rica

42:25 One book – Four Hour Workweek

42:51 One tool – Remote mail reading service

 

Listener Question

46:34 Doug wants to know “Which credit card has the maximum benefits?”

48:31 American Express Platinum card pays for itself

52:38 There’s a war for high end everything 

53:58 Adopting a sense of abundance

 

Mentions:

Emergency: This Book Will Save Your Life – Neil Strauss

Family Freedom Project

Four Hour Workweek – Tim Ferriss 

Scan Mailboxes Solutions

The Roaring 2000’s – Harry S. Dent

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.
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