Offshore Advice for Crypto Traders (with Scott Melker)

[@TheCryptoLifestyle]

You just gotta love Andrew!!

[@subscriptions007]

Wait, are you the real TCL!?

[@soccerguy2468]

BHB 🤪

[@eli4s414]

Haha for sure Great to see you here francis!

[@donovaneretzfarrakan5716]

Man, you have amazing taste. That apartment looks impressive

[@nomadcapitalist]

Hey, thanks!

[@avgvstvs96]

Great advice to have two passports. I've been trading crypto for a long time mostly as a hobby but have been making a lot of money lately. Being in the US and specifically the most hostile state to Cryptocurrency New York I have a really hard time buying and selling crypto because most platforms aren't allowed to operate here. Fortunately my parents are Egyptian and when I was studying in Cairo I was able to get an Egyptian passport which not only allows me easy access to buying crypto but all the latest crypto services like high yield savings account and lots of leverage. I actually found Nomad Capitalist through the Egyptian passport video and have since been researching moving because I could live so inexpensively elsewhere.

[@travelgems7503]

The Green Party's election program in Germany also wants to make taxation based on citizenship, as well as making it difficult or impossible to leave Germany for tax reasons. I wish I were already a seven-figure entrepreneur. I'm still working on it.

[@bloomfrancesca]

Great interview! Nomad capitalist is on top as usual

[@nomadcapitalist]

Hi Mariam, Thank you😍

[@incipidsigninsetup]

The interviewer was awful but Andrew, as usual was very informative, articulate and convincing.

[@tadhgkraul1336]

Ya

[@Cryptoversity]

Awesome to see Nomad Capitalist channel growing so consistently. I have been living the less refined, 6 figure version of his life for the last 20 years....he teaches it a lot more professionally.

[@marymannis1656]

Bam! Spectacular interview. Your argument is flawless, and you have the answers to questions people haven't even thought of yet, when they consider their exit options.

[@joshuacastner2568]

No one is talking about the fact that our movements/travels will be limited due to having to participate in the Covi-pass.

[@snowcrash395]

When Mr Goody Two Shoes gives good free advise, one would do well to take it seriously.

[@updailylofi]

Awesome info! Thank you for your honesty, Andrew! Always love the insights you share! ❤️

[@vetiarvind]

Omg Scott and Andrew, that too from Bogota. What a combo.

[@andresfelipenovamontoya2907]

You are based in Bogotá? That’s awesome, I live here and I’m starting to escalate my investments in crypto and I’m trying to figure out what is the best option to live somewhere else, I hate the idea of paying taxes here and knowing that all the money that we pay is being robbed by the corrupt government, also the situation here is getting worse day by day, the security, general conditions of the economy, the new tax laws the government is trying to impose, in general it’s not looking good for us Colombians. I’m starting to make my plan in order be a nomad for several years living off the yields of my crypto investments, do you have any advice?

[@mahdiyussuf9804]

Awesome interview.....just what I needed to hear! I think I found your website some years back during the last crypto-bubble. I think I'm ready for this smart money management soon.

[@rentospropertymanagementso4895]

Helpful interview to release so many interesting facts.

[@tumdeedaidee7835]

Andrew, can i pay for Nomad services with Btc ??

[@noahglover9767]

Yes

[@tinglestingles]

I wonder if Scott Melker will be the next client?

[@MS45636]

Great year ahead for Bitcoin

[@natashaevanoff7111]

But...don’t forget to take your profit along the way...or else...

[@MHDKhashaneh]

Wow! This episode rocks!

[@bobnewell1052]

Andrew, does your team work with Canadians as well? Do you have someone who specializes in Canadian taxes, for the purpose of legally reducing through second residence/citizenship?

[@darrellthompson5468]

You guys never really answered - where to live for Crypto traders offshore.

[@natashaevanoff7111]

24:50 Just about everything is for sale in the “Kingdom of Wonders” ATM (Property wise), notably in Siem Reap. In 500 years from now, the Angkor temples will still be there...

[@mbouae5533]

Mr Anderson its really hard getting in touch with you. we want a direct contact.

[@bravetraveler1985]

This was fucking brilliant!!! thank you so much for your knowledge and info. Hopping you can start selling digital copy's of your book soon! 🙏🙏🙏

[@nomadcapitalist]

Avoid Scammers! Nomad Capitalist never posts his number

[@bravetraveler1985]

@@nomadcapitalist didnt even text back... took a screen shot and was going to send it to you, make sure it was actually you lol

[@noelbartholdi2041]

Rad. Mr H. is on fire.

[@natashaevanoff7111]

Andrew, you are far too young to settle down some place. Keep your Nomadic lifestyle, so we can all benefit from your unique travel experiences.

[@bobsilver3983]

Provident Metals go the DogeCoins one ounce silver rounds in...they will go fast so get em while you can...I just ordered 10 of them, get em while you can

[@vmac11k99]

Hey Andrew, here is the question that is concerning 98% of "western world" middle class. I am not 7-8 figure entrepreneur (it would be nice problem to have though). I worked my fingers to the bone for better part of 3 decades. How can I protect that little something that I have accumulated from stupid government policies without renouncing citizenship? Keeping crypto on foreign exchange and/or hard wallet? How can I open foreign bank account without leaving Sydney/Auckland/Toronto/Cleveland?

[@chrislanejones]

Okay, I need to go back and put more money in Bitcoin.

[@ManPursueExcellence]

@Frank Lincoln Nice. Good pitch 😂.

[@falcon127]

THERE IS A TON OF MONEY TO BE RECOVERED BY INCREASING THE EFFICIENCY OF THE US GOVERNMENT! DO THAT BEFORE RAISING TAXES.

[@kirtikumarshah3135]

Interesting to hear him but no good for raising kids and have a family. Many years ago I read a dictum in which a German Leader was told not to bet against USA but he ignored the advice with grave consequences to himself and his nation. I still adhere to that advice despite the low that USA is hitting now. I can not take my riches after I die and my kids can not enjoy it unless they deserve it so there is no fun in going to the extremes that this Nomad is advocating. It is fun only for tasting different life styles but I would rather be grounded in one place.

[@philipcontreras464]

Experience has been my only teacher, since the stock market crash due to the pandemic bitcoin still remains untouched and arguably the best to invest in.

[@gaeldesmontagnesnoires1711]

You know what's funny? excuse me I meant HILARIOUS🤣? Now that I live 100% on debt = $0 tax & because I never sold my BTC, I don't give 2Sats! thanks to collaterized BTC I can live ANYWHERE tax free🏖

[@micki777]

🙌🏼🎯

[@gaeldesmontagnesnoires1711]

@@micki777 Trugarez

[@hairyfishcakes]

What happens when the price drops 50% do you get liquidised...? I thought the lending at the moment was all leveraged. If I’m wrong please point me in the right directions. I was waiting for the products and volatility to evolve and level in a few years time....

[@gaeldesmontagnesnoires1711]

@@hairyfishcakes Nibble & never borrow more than 20% of your entire net worth to protect from a 80% drop.

[@ajsaces5211]

Good luck when crypto goes down 90% in bear markets like it does. Terrible advise to live off debt

[@LearnWithMike]

What do you mean by saying that you have 'paper home'?

[@ashvoj]

They used paper to build the home, the walls are paper thin

[@SuperSpecies]

@@ashvoj sounds like an American house ;) I think paper home means a home on paperwork though you don't really live there.

[@user-dy2qq5wh4b]

Well, longterm capital gains is 0% when making under 40k personal income. 80k married. Open both bank and exchange accounts with an NM LLC and umbrella of a trust.

[@JuanPetter]

Fuck it, starting today I am going to be a nomad capitalist

[@cynthiaaiken2424]

Definitely got to be careful what you name yourself or you’ll be stuck with it. Example: Goo Goo Dolls

[@joshuaslokum36]

👀 ☕️

[@Aayushmeer.]

Hallo sir

[@MetricMania]

Watch out for Benjamin Cowen in comment section!!! Scammer impersonating an youtuber with the same name!!!

[@howardo5419]

Sir, I’d like work for you for free if possible

[@BalaKrishna-bq5iz]

Summing up this channel in one phrase..."oh the poor rich". I share some libertarian values too but the REALITY is rich find tons of ways to evade taxes legally while the poor have no such choice. But the rich cry out aloud how they're taxed at a mythical 40%, which they never pay, and expect you to sympathize with them. Blanket attacking AOC with no nuance showed this dude's true colors. Its sad that he has such rage against a congresswoman's policy opinions for her country, a country this guy wilfully left.

[@MrSteviewonder3]

Man, you really are living in a bubble. Your comment about 250k and above makes you look very arrogant. Only 2% Americans are over 250k. Just because your clients meet this minimum , doesn’t mean most do. There certainly should be a tax increase for top 2% earners

[@zonk1477]

Crypto has gone nuts. I had 50k turn to over 700k since 14 months ago. It's happen so fast. It could all crash to zero now. I have no way to lock that in without having a $300,000 tax bill. I don't know what to do other than hold. And even though I meet their requirement now. Without a job or some other source of income I I don't think I can rely on this windfall. Crypto is so volatile and this could easily lose 90%. Then all the sudden I would no longer meet the 250k requirement.

[@royal1investments]

TAX INCREASE! The only reasonable approach is a flat tax of no more than 5%-10% of what one makes and REGARDLESS of what one makes. Get off the communist train that only leads to ruin for all every time.