You could keep closer to 100% of what you earn if you live abroad, and plan your new home and financial situation correctly. These 31 destinations let foreign tax residents skip the bill on overseas income, but the passive income rules, and how your favorite destinations tax, might surprise you. The Bottom Line(s) Up Front … Read more
Invest in the global stock markets to amplify the power of your georarbitrage opportunities with FIRE financial philosophies Most expats import the assumption that owning a home equals success. Abroad, the rules change. The smarter play is to fund maximum freedom from the best opportunity available, then use those returns to capitalize on the structural … Read more
Healthcare costs can destroy your early retirement plans faster than a market crash. If you’ve built a location-independent life and are using that mobility to live cheaper and better in Southeast Asia, Latin America, or southern Europe, you’ve likely already arbitraged your housing, your daily expenses, and probably your tax situation. But most nomads, flexpats, … Read more
When I initially left home to travel the world, every place felt perfect. Every place felt interesting and satisfying. Likely because every place was new, and at the beginning of my journey, novelty and scintillation were the only payoffs I needed from travel. These days, nine years later, whether as a nomad working on the … Read more
with lower cost living and higher quality lives… Picture Andre. A young American man from California. At 35 years old, he knew himself well. He knew his love for wine and a delicious steak. He knew that time outside, whether walking between tall pines on hiking trails, or between ancient buildings and centuries old architecture, … Read more
Many of the cheapest cities to live in the world not only deliver low prices, but high quality of life and value as well, if you know where to look. In this report, we’ll share the best cities around the world to live on a budget of $1,000, $1,500, or $2,000 monthly while maintaining a … Read more
“It’s so big!” She said. I couldn’t help but agree. Chuckling lightly, still thinking about how much fun it would be. It was possibly too much, but we were already committed, so we had to get on with it. Lifestyle creep in action. As we loaded our belongings into the back of our rental car, … Read more
Fifteen years ago, after just over a decade playing my part in a war that had already gone on too long and a lot of accumulated “travel abroad” to sandy locales, I was at a happy transition point in my life. A short walk, mere blocks from the Pacific Ocean in San Diego, I was … Read more
A guide to every variation of FIRE, how taking it abroad enhances the plan, and how to use each in sequence to achieve financial independence faster. Disclaimer: This content is for educational and informational purposes only and is not individualized financial, tax, or legal advice. Examples and calculator outputs are hypothetical. Consider consulting a qualified … Read more
Frugality is a tax you pay every day through mental energy and effort, with each additional decision sticking to the plan. “Lock-in” is a single decision made once that pays dividends indefinitely, and living abroad multiplies the possibilities of “locking in” more for less. There’s a number most people never think to calculate, and it’s … Read more