SUMMARY
- Go where you’re treated best – from Andrew Henderson of nomadcapitalist.com
- Home is where the heart is, and my heart is where I have the best quality of life
- I have a better quality of life in Chiang Mai than I did in Canada
- Canada has high taxes, a high cost of living, and six months of winter – Chiang Mai has none of those things
- Building a business in your home country and moving to a country where you’re treated better is a real option for you
- You can get a nice apt for $300 a month, plus eat well, shop well and only go to nice places for much less money than back home
- And Chiang Mai is the first step – the future of this century is in Asia
- Already a third of the 10 safest banks in the world are in Asia (American banks start at 40)
- Already China has a higher GDP than the U.S. (which will continue to filter into SEA and HK)
- Robust banking and low tax opportunities exist in countries that welcome you like Malaysia for example
- In Malaysia you can incorporate in it’s offshore jurisdiction in Labuan at 3% of foreign sourced income
- Incorporation comes with a two year multi entry visa with residency
- You also get access to a robust banking system with actually inviting interest rates (HSBC Premier in Malaysia is offering 8%!!!)
- You get to live in sunny weather and in greater safety than in the U.S.
- You get the benefit of strong currency arbitrage
- You can buy property in an emerging market for appreciation but more importantly as a currency hedge against a declining USD
- You can get all the perks of your western lifestyle (high speed internet, online organic food delivery, nice restaurants, lounges and quality of women) all for a fraction of the price
- You don’t even have to move to Asia, just moving to NYC to a mid size town in Florida will save you a fortune and increase your quality of life
- It only makes sense to go where you’re treated best
