The Future of Digital Nomads

nomadcapitalis...
The nomadic lifestyle is becoming more and more popular every day and it is inevitable that we will witness some changes in the time to come.
As people nowadays are earning a lot of money by working remotely or online they won't be satisfied anymore with living on a low budget in Thailand or Bali, just because everyone is doing the same.
That's why we believe that the digital nomad of the future will be an online entrepreneur that wants the best of everything - luxury, expensive prestigious things, etc.
A modern version of a today's perpetual traveler who goes beyond the ordinary.
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ABOUT NOMAD CAPITALIST
Andrew Henderson is the world's most sought-after consultant on legal offshore tax reduction, investment immigration, and global citizenship. He works exclusively with six- and seven-figure entrepreneurs and investors who want to "go where they're treated best".
Work with Andrew: nomadcapitalis...
Andrew has spent the last 11 years studying and personally implementing the Nomad Capitalist lifestyle, and has started offshore companies, opened offshore bank accounts, obtained multiple second passports, and purchased real estate in a total of 20 countries.
He has also spent years creating a behavior-based system that helps people get the results they want faster and with less resistance. Andrew believes that everyone can use offshore strategies to keep more of their own money, live a life of freedom, and grow their wealth faster.
About Andrew: nomadcapitalis...
Our website: www.nomadcapit...
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Buy Andrew's book: amzn.to/2QKQqR0
DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.

[@v0calbeatzlaughs]

The Australians living in Bangkok instagramming their jackfruit for breakfast diss was hilarious! 😂😂

[@tccco9738]

Like your videos and style. These days many people tend to be loud or over the top in order to stand out. Especially our generation. Glad to see you don’t do this. Would really appreciate if you were able to do a video “how to pay zero (near zero) GST/Sales tax” as a seller of product into a high tax country.

[@simeonyisrayiyl1501]

In this video, u made the "luxury life style V.S comfort zone" semantic, which can become a metaphysical question for nomad .

[@Xiegn]

i appreciate your videos and podcasts Andrew! i know you dont have to give out information for free but its changing my life. thank you.

[@Xiegn]

your book is on the way :D

[@nomadcapitalist]

PhinEss Glad to hear it 😃Enjoy the book!

[@SM-qq2ps]

On a serious note. I just buy Real Estate & take the depreciation & have my CPA's set up everything properly & legally. Bases in Alaska, Florida, & New Hampshire, other investments & pay close to zero income tax legally... Gonna incorporate your strategies also, but I don't ever see myself renouncing the Citizenship of my beloved USA. If you have a high income & your smart, you can legally pay close to zero income tax, & be a U.S. citizen & travel the world too! The 2 keys to this strategy is you must own a business that earns you a high income & you must invest in / buy real estate that fits your personal Federal Income Tax parameters so you can take the depreciation & write it off yearly, which will result in a near zero Federal Income Tax owed situation. You also must live in states w/ no state income tax!!! The U.S. tax code has & always shall be written for the wealthy!!! ¿Andrew am I missing something?

[@nomadcapitalist]

S M Nobody said anyone had to renounce, but I’m glad you have a strategy that’s working for you

[@nohotravels6257]

Je suis digital nomad depuis plus de 3 ans maintenant. Je gère une agence marketing que j'ai créé il y a 4 ans lorsque je vivais en France. Je travaillais de chez moi et je sortais très peu, au final j'ai compris que je pouvais faire la même chose de partout dans le monde. Aujourd'hui, je commercialise de l'espace publicitaire, je fais de la photographie pour des entreprises français et je crée du contenu comme des articles ou des vidéos !!

[@AbroadHub]

Many thanks for these wonderful tips, very inspirational, thanks! 👍😊🙏

[@davidhernandez5145]

Love your content. Thank you

[@alteredillusions100]

Great video! I think your prediction is spot-on.

[@nomadcapitalist]

alteredillusions100 I appreciate that

[@PujaInfoTV]

Thank you 🙏

[@PujaInfoTV]

@riyas m h I like Andrew's work and to like and comment is a way to express my gratitude.

[@MichaelJLambie]

Andrew, how about nomad families with kids!?

[@user-vx2wp1ez5s]

Realistically, having kids makes a nomadic approach problematical. The local schools in many offshore centres tend to be pretty poor, and international schools, though better, typically charge so much in fees that it can wipe out all of the other financial benefits. I've had family return to the UK for this reason.

[@MichaelJLambie]

@@user-vx2wp1ez5s yeah. That really seems like the unfortunate reality

[@nomadcapitalist]

Michael J Lambie More videos to come on that topic. As with anything, where there’s a will, there’s a way.

[@SM-qq2ps]

@@user-vx2wp1ez5s Hire a part-time Nanny & home school your kids using The Ron Paul Curriculum, widely regarded as one of the best home schooling options available!!! Don't judge until you check it out!

[@adventureswithbedouinbabe]

I agree. 🥂#fancynomading🥂

[@Baqsam]

My nigga _emits_ wealth from his every crevice!

[@josephthenomad]

Super cool content 👌👌

[@dwlof]

Hi - Great info How does this Trifecta / perpetual traveler lifestyle work with the need to be able to show that they have tax residency in some country, even for just banking purposes. If one has to spend a minimum 183 days in a country to obtain tax residency then it makes the PT lifestyle lifestyle more a bit difficult. Or are there low or non tax countries where one can obtain tax residency by spending less than 183 days? Maybe 90 days? Thanks again for the quality content.

[@nomadcapitalist]

Ross Morgan Lots of options from physical presence to paying a fee to showing wealth. We help people incorporate what’s best for them into their Plan when we work together.

[@SM-qq2ps]

@@nomadcapitalist I look forward to working with you in a few years Andrew. Do you track / maintain a list of Countries that have 2nd Ammendment Rights for their Citizens & then rank those countries & compare them to the U.S.??? If you don't you need to start doing so now!!! This issue will become more & more relevant as the years fly by quickly! MOLON LABE 🇺🇸

[@rubensnogueira3199]

One single example: Dubai. You can show up there for as few as 1-2 days every 6 months in order to renew your residence visa.

[@dwlof]

@@rubensnogueira3199 Thanks for that. Yes I actually was aware of that fact ie that residence visa for Dubai / UAE can technically be kept by spending a minimum of 1-2 days there every 6 Months, however I was not aware if that residence permit automatically equates to a fiscal residency. Especially if someone spends less than 183 days there.

[@pluralismgr4319]

super!

[@myvegangymmap4]

Hello. Love your videos! What are your thoughts on e-residency? Have you done a video for Estonia’s residency program for digital nomads?

[@nomadcapitalist]

Hey, thanks :) We've been planning to do it, since a lot of you asked for it.

[@rubensnogueira3199]

I don't think a HNWI wants the hassle of being a nomad, so... Considering one really wants to keep travelling perpetually AND doesn't want to get caught by some country's tax "trap", life will always have to be planned in advance. That means some degree of freedom will be taken away. Even the ultra-rich people will be tied to Monaco for life if they don't want to pay a dime as tax. If freedom is the ultimate luxury, then one cannot shun taxes at any cost - you just try to minimize them.

[@pluralismgr4319]

Πολύ καλή δουλειά

[@تدبّر-ع6ظ]

man i need yre help man im in africa and im denied a lot of the money websites can i use a vpn to bypass these greedy companies? and they will not know when you transfer to or from Paypal? thnx a lot im confused

[@tento3555]

You think rich people don't already do that? The whole Digital Nomads lifestyle was imitating the lifestyle of rich kids but without being rich, I think it's not going to be a thing in 10 20 years tho, we already are seeing people leave china bc of the high prices, and the more third would countries fix their economy and become second-first world, less places for not Lamborghini rich kids there will be.

[@unitedhustlersofamerica8185]

What camera and lens did you film this on

[@SM-qq2ps]

We could tell ya, but then we'd have to off you! Uh..hummm.. iPhone 7+

[@thadicktater6832]

I see you think that Istanbul is not a "livable" city. How about Izmir? I have a thing for middle eastern chicks, although I hear they don't like foreigners very much.

[@nomadcapitalist]

The Original Boyz in the Hood Istanbul can be livable for the right person but it’s a mega city. Plenty of Yemenis and Iranians in Kuala Lumpur, too.

[@Baqsam]

@@nomadcapitalist Didn't expect Yemenis and Iranians in Malaysia! But I guess Islam may play a role...

[@v0calbeatzlaughs]

You think Medellin is boring?!

[@azamai]

I lived in San Francisco and Saigon as a nomad. I like people in Saigon but it’s not comfortable, however SF magnificent but people weird. NYC and London it’s really great weekly tourist cities. KL is built nicely but overall people not quite developed and intelligent. Tbilisi maybe okay but being from one of Soviet republics I’d say they probably tend to care only about themselves so huge ego. Armenia is the country that can check your reality 😜 In summery I think nomads will discover businesses that can avoid taxes. Something like cryptocoins but new stuff. Real estate will continue to drop. It’s was the baby boomer’s assets. Because simply no need for crowded downtowns in remote jobs and fast anywhere delivery reality. I personally want to buy modern Villa or residential in Mediterranean area with great community (especially beautiful girls) and outside of EU and no radicals.

[@azamai]

What do you know about Albania?