Andrew Henderson

Andrew Henderson

Founder of Nomad Capitalist and the world’s most sought-after expert on global citizenship.

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Andrew Henderson wrote the #1 best-selling book that redefines life as a diversified,
global citizen in the 21st century… and how you can join the movement.

067: Ashley Hunter; Countries with Lowest Debt to GDP; Should I Keep My Brazilian Citizenship?

Andrew conducts an interesting experiment during this week’s introduction. Is there a strong correlation between countries with friendly business practices, and countries with low debt to GDP? Andrew takes a look at several countries, and their GDP rates, on this week’s episode. Stay tuned till the end of his segment to find out the answer to this question!

Key Takeaways:

Andrew’s Editorial:

[2:10] Greece is currently one of the worst three countries, in terms of debt to GDP.

[3:50] If you go to Montenegro, the Balkans, they really roll out the red carpet for you.

[5:40] Bulgaria has one of the lowest debt to GDP in the EU.

[6:10] Andrew reads off some of the countries that are doing well, when it comes to their debt.

[7:45:] Andrew wants to see if he can make a correlation between countries with friendly business practices and countries with good GDP.

[10:00] Andrew believes Chile has the right culture, but their economy has reached a peak, and it will drop a little bit.

[13:45] Andrew notes that the countries with good GDP are not located in the West.

[15:40] In the U.S., no matter what happens, it will never go down to a 10% flat corporate and personal tax rate. Trump has offered a 15% corporate tax rate, and economists say that it can’t be done.

[16:25] Andrew doesn’t say this to sound angry, but he believes the U.S. is the most corrupt country on earth.

[19:00] Conclusion: In many cases the objective business-friendly numbers and the public finances, in countries where they treat their people the best, do match up!

[20:55] The state of California is like a Kardashian. Andrew explains further.

Interview:

[23:15] Why did Ashley want to be an entrepreneur?

[25:50] Ashley can do a majority of her business by computer and by phone.

[26:45] A majority of Ashley’s business is specialized in the sharing economy.

[27:55] If you want to be a disrupter, you just have to do it! Ashley has stopped asking for permission.

[28:55] Why did Ashley decide to go overseas? Why not stay in Texas doing what she’s doing now?

[30:35] When Ashley founded her business 7 years ago, she started it in Bahrain.

[32:00] Why did Ashley set up shop in Bahrain?

[32:55] It was easy for a woman to do business there.

[34:55] How does Ashley differentiate herself in such a competitive market?

[38:00] Why did Ashley move to London?

[39:00] Ashley has found it more difficult to be a company in the UK than in Bahrain.

[43:35] Ashley went from living in a nice big apartment in Bahrain, to living in a small box. The lifestyle is very different between the two countries.

The Lightning Round:

[47:40] One business – Insurance.

[48:10] One country – Stockholm, Sweden.

[48:45] One book – My Struggle by Karl Ove Knausgaard

[49:20] One tool – Google Flights.

Listener Question:

[51:20] Is it best to renounce U.S. citizenship and keep Brazilian citizenship? What options are out there?

[52:45] If your parents have more than one citizenship, look into that and see if you have more passport options!

[57:25] You’re in good shape if you have both U.S. and Brazilian citizenship.

[59:00] If your passport has visa-free access to Europe, you’re in good shape!

Mentioned in This Episode:

https://www.nomadcapitalist.com

Email: [email protected]

http://www.hmriskgroup.com/

My Struggle, by Karl Ove Knausgaard

READ THIS NEXT…

4 REASONS TO CHOOSE

NOMAD CAPITALIST

1. For over a decade, we’ve helped 1,000+ high-net-worth entrepreneurs and investors.

2. We have a trusted network of global professional agents, accountants, attorneys, and entrepreneurial teams who know the loopholes of the industry.

3. We sit down with government officials and legally get everything done for you in the shortest time.

4. Our one-stop boutique consultancy will reduce your tax rate offshore, protect your assets, help you obtain a Plan B citizenship, and invest overseas.

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