Dateline: Kuala Lumpur, Malaysia Not even thirteen years ago, Argentina defaulted on its debt for the second time in the modern age. The result was what The Economist called "an...
Why most Americans are broke
Dateline: Kuala Lumpur, Malaysia I just checked out of the Ritz-Carlton here in Kuala Lumpur. For the money, it is the best luxury hotel on the planet, in my opinion. In addition...
The world’s highest savings rates vs. the bankrupt west
Dateline: Hong Kong As soon as I got off the plane, it hit me. No, it wasn't the incredible humidity here, even though Hong Kong makes Manila look like the Sahara desert with 32...
How to Wire money Overseas: “I Don’t Even Know Where That Is!”
Dateline: En route to Hong Kong This time last year, I told you how I traversed the streets of Central here in Hong Kong alongside an endless array of beautiful women, only to...
The overheating Philippines condo market
Dateline: Century City, Makati, Philippines Walking out of my apartment building here in Manila this morning, I noticed a store I didn't even see yesterday. Or the day before. Or...
Now France wants an end of the US dollar
Dateline: Makati, Philippines Paul Krugman may be wrong on just about everything, but when he says "Fiat money is backed by men with guns", we can find a point on which to agree....
Is the time of maximum pessimism the best time to buy?
Is the time of maximum pessimism the best time to buy? Investors around the world have made fortunes buying when "blood is in the streets" in places like Cambodia. Dateline: An...
Lessons from the biggest economic collapses in history
Dateline: An undisclosed location in the USSA What can history tell us about the future of America? The world has been splattered with all sorts of economic collapses, in every...
Does foreign real estate qualify for a 1031 exchange?
Dateline: Los Angeles, United States For years, real estate agents here the United States have touted the benefits of using tax-friendly 1031 exchanges. Few places have seen more...
More proof there is no US housing market recovery
Dateline: Toronto, Canada Ever since Canada shut down its Immigrant Investor Program several months ago, I've been predicting a dip in Canadian real estate prices....
The Top Ten Jobs in the United States (They Don’t Pay Well)
The American job market is a strange beast. On the surface, we’re told unemployment is low, opportunities are abundant and everything is just fine. But scratch a...
FinCEN 105: Reporting requirements of carrying cash overseas
Dateline: Sarajevo, Bosnia and Herzegovina As you might imagine, some of the roads around formerly war-torn Bosnia aren't exactly in the best shape. Just another day on the road,...
Can I Use a Gold IRA to Move My Precious Metals Offshore?
‘Gold is money. Everything else is credit.’ Those were J.P. Morgan’s remarks to the US Congress in 1912. What happens if you have a nest egg built up in an Individual Retirement...
22 euros: the low cost of starting a business in Montenegro
Dateline: Tivat, Montenegro Traveling around the world full-time, I begin to sound like a broken record when I proclaim that another emerging market is booming like you wouldn't...
Protect Your Business Privacy with an Anonymous LLC
Dateline: Budva, Montenegro Not owning a car, I have almost forgotten just how much fun the occasional road trip can be. Yesterday afternoon, I hired a driver in Albania - who...
How to lose all your money in government bonds
Dateline: Prizren, Kosovo When asked the secret to becoming a millionaire, Virgin founder Richard Branson once quipped, "start as a billionaire and buy an airline”. Buying...
Should you avoid these four international investing mistakes?
Dateline: Skopje, Macedonia Economic growth here in Macedonia has floundered since the global recession as the country grapples with the issues surrounding it in Europe. Heck,...
Countries with No Property Taxes Where You REALLY Own Your Home
When in 1848, influential thinker John Stuart Mill said, ‘landlords grow rich in their sleep, without working, risking or economising’, he did so as a critique of profits he felt...
Lessons from Hungary on the coming economic collapse
Dateline: Budapest, Hungary Having been all over western and central Europe - save Slovenia and the microstate of San Marino - I'm convinced after just one day that Budapest is...
Anonymous gold storage at Das Safe in Austria
Dateline: Vienna, Austria Update 2023: As economic uncertainty gathers investors and central banks alike clamour to increase their gold holdings. At Nomad Capitalist we advise...
