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 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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