Young couples have been asking Andrew about starting a family overseas and what the best options are for them. Andrew has written a comprehensive guide on 29 countries that will give citizenship by birth. He also talks on why having children in a foreign hospital will not only be cheaper, but the medical care will be just as good or better than what you will receive in the US. Michael Cobb is a successful business man and a global entrepreneur. He talks to Andrew on why he loves living in Nicaragua and why he believes Belize is a great option for offshore strategies.
Key Takeaways:
Andrew’s Editorial:
2:00 How can we give our children the best opportunities?
4:55 Have additional citizenships to pass on to your children.
7:45 Medical tourism is a valid option and it can save you thousands of dollars.
9:15] Why not have a baby overseas? Get great care for your child and save on medical bills.
11:45 There are 30 countries that give citizenships by birth.
15:40 It’s possible to give 2-3-4 citizenships to your children.
18:10 The Norman Guide to Foreign Real Estate is coming out this Friday.
Interview:
21:15 How did Mike Cobb become a global entrepreneur?
27:35 Is Belize a good option for investing and living?
32:30 The quality of life in Nicaragua far exceeds the quality of life in the US.
34:25 The things that cost more in Latin America are electronics, cars, and imported goods.
35:40 How do you get your partner to move to a foreign country with you?
37:30 Countries like Panama, Costa Rica, and Nicaragua are only two hours away from Miami.
39:05 Mike recommends an English language jurisdiction for offshore accounts.
44:25 Having a good mindset is key when traveling around the world.
Listener Question:
45:45 Is Georgia a good place to be a resident?
46:45 Georgia has made residency easy. You can spend 360 days in the country visa free.
49:00 Andrew recommends Malaysia and Georgia as great places to be a resident.
50:00 Georgia passport isn’t great right now, but having a residency there is a good thing.
Mentioned In This Episode:
