So Many LEAVING Canada But Where Do YOU Go? With @nomadcapitalist

we have tumultuous times right now with war and many other things on the table and I'm glad to have a guest with me today Andrew Henderson founder of nomad capitalist we're going to be talking about many different things to do with different citizenships where you might possibly want to move and I just want to say that I'm happy to announce that I will be speaking at Andrew's event which is in quala lumur later this year so definitely check that out and there'll be a Link in the description of this video Andrew thank you so much for joining me how are you doing today well it's my pleasure and we're both in these very transient spaces with bad lighting and like some weird like cheap I don't know who the hell picked at this lamp but we're going to have to really bring it today for people yes at least we're on the same time zone though because you travel around so uh and as do I and we just so happen to be on the same time zone doing this which is fantastic so I can't tell you how many times speaking of the event in qual andore and by the way it's called Nomad capitals live not to hijack your show I can't tell you how many times I've been in qualm po just living there because I've got a home there and I'm on some show in Austin Texas and the guy only records at 3:30 p.m. on a Tuesday it's like well that's like bloody 4:30 a.m. or something like that's what I do it so it's good that we could be in the same place yes yes for sure yeah so I actually asked my audience if they had any questions for you and they came up with some good ones it will be uh f i I think they're quite loaded questions because I'm not even sure if there is an answer so I'll start off with the most popular one which is what do you think if there is any is the best country to live in the world right now or best countries to live in the world well just to take a step back I mean My Philosophy is go where you're treated best my father said those five magic words when I was 12 years old and I've applied them for much of my adult life um so the very nature of what I do is you you choose from the buffet you don't rely on one friend to fulfill all your needs you have different friends have the one friend you go to the pub with and that's kind of what you do you have the one friend that you go uh you know sailing with you have the friend that you go intellectual stuff museums whatever I look at countries the same way so uh I think you know for me in my perspective the best transactional banking without a lot of fluff is Singapore could you live in Singapore sure is it needlessly expensive are there more rules than I would like is it a place where real estate is extraordinarily expensive for foreigners yeah and so I just don't think sore is the best I have stuff all around the world from where my websites are hosted to uh where my money is to where my you know asset protection structures are to where my compan is incorporated none of those are where I live and the places where I do live are perfectly fine with that um much more so than where I'm originally from in the United States so I mean where do I maintain homes I'm in Ireland now I've been checking out Ireland um it's maybe not the best kept secret I I've spent some time I think it's maybe a a manful place in Western Europe that has fewer of the problems of many of the Western countries and it's it's just more pleasant um so for some want a soft Landing to an English-speaking country that could work uh I've lived the longest actually where Nomad capist live is going to be in in qualm po I've been there as a part-time resident for about 11 years I love it there I think it's a tremendous amount of what I call soft Freedom uh very tax friendly friendly friendly people I was just in Columbia where I have a small home uh I like that if you don't speak Spanish it's a little bit harder it feels a little lonely after a while if you're not I can speak some but I'm not perfectly fluent to like get into complex conversations and then you know for people who and I've had some members of my team who've come on from places like the UK and Ireland where they go out to where we have people in Serbia or Georgia and they're like hey this is just total freedom uh particularly in Georgia very warm people very hospitable people Seria is more like leave me the hell alone kind of Vibes so I mean those are places where I own property where I've spent time I like some better than others but I think you know I can I can prognosticate all about all the other places but I like places that are off the Beaten Track I like places within those countries that are not as popular so I'm not in medine where a lot of the nomads are I'm in bulat in Colombia you know I'm in qual andur I think is the best city in in in Malaysia but I'm not in Bangkok next door in Thailand I'm in koal andur I like to go to places that are a bit underrated that are a bit off the radar I don't want uh to be overrun with foreigners who have different interests than I do and so that's where I live and I guess that's the best indication of what I think is the best but you know it could change on a dime and that could change tomorrow so that's why I think you want to have more than one yeah yeah no and I think that's really smart because like everything is changing constantly it's a fluid situation I mean we know in Canada for instance that things have gone really downhill over the past 5 to six years you know in 20 years hopefully maybe things are going to be better so things are changing all the time and I think it's important to be in a place I know a lot of people they want to they want to just be set on one country specifically but the way I've kind of opened my mind up to it is kind of similar to your philosophy where it's like you have to be open to other places and you can't just say oh I'm going to live here for the rest of my life and that's it because you know residency rules could change all kinds of things crime you don't know so want be a little polyamorous um I The Nomad and nomad list I mean I have been and I am to a lesser extent now nomadic I I move between different bases I created What's called the trifecta method where you spend four months in three different places depending what they are they could be tax friendly it's also just a place to see different places opportunity culture food all that but if you want to live in one place it's fine but the Nomad really means kind of like the nomads on on the Mongolian step when your source of food when your source of sustenance goes away you got to move on to the next spot and I think that you know we have one of the guys speaking this at the event his parents moved to Australia from Sri Lanka and normally immigrants or children of immigrants have a very hard time moving he didn't he moved to the UAE that's the place where he thinks is the best we disagree a little bit on that but but that's where that's the best for him you know this idea that hey maybe Australia was good for 30 years Australia has done a lot of nasty things recently and I mean tax front on the personal freedom front like it is I I don't understand who's going to Australia we helped a lot of people move out of Australia as clients uh I say to myself even if you're going to stand place be open to what's the next place yeah people like this sense of certainty but but look at it this way look at your relationships right uh I had a friendship of about 10 years I've had friendships you know probably my oldest friendship at this point is that I talk to the person is 18 years old or so I had a friend that I known for nine or 10 years and we just kind of we just kind of drifted apart uh I don't look at that as the person's a bad person I don't look at that as something went wrong I just realized you know they were going in a different direction I wanted to be a bit more positive they were kind of struggling with some stuff I didn't want they didn't want my help and so do I look at that and say well hey if I can't make a friend and this friend is not going to be my friend so the rest of my dying days like I'm not going to make the friend no like you enjoy it for what it is you celebrate that and then you move on and people have this very hard time moving on uh and they they come up with all kinds of good sounding excuses how like I'm running from something yes when I was 25 years old yes running to all the uh you know the beautiful women of all the countryes you know you know and they had some great relationships you know like running to learning how the world is evolving in in places like Asia they come up with all these little stories about how if you if if you can't plan it the rest of their lives with 1,00% certainty and I'm like yeah that's not it's supposed to work like somehow there's something wrong with Gober you're treated best like no Gober you're treated best is competition and action you do it for like buying chicken wings but you don't do it for where the country you give half your money to it's it's very odd yeah yeah I I totally agree with that yeah it it is bizarre and I think a lot of people now in Canada and America too are there's a lot of people retiring so I think because they're retiring as well like the idea of traveling round is kind of difficult for them but they still want to go somewhere where they're treated best and basically most of those people from what I hear and there is a lot of people I get comments and messages all the time from people who are leaving Canada and the United States and most of them tend to gravitate towards like the Americas but they never look at like Asia I'm looking forward to going to koala Lumpa because I've heard so many great things about it it's affordable they speak English the services are really good it's as close to a first world country as you're going to get in like one of these kind of offshore tax Haven type places so yeah I'm really looking forward to that it's a real country like an island of 20,000 people and you go crazy um but no I I I think listen I I'm saying this with empathy because obviously what I help people do is figure this stuff out I shepher them from point A to point B and well not for the event necessarily but for our clientele I think people are scared and it's the first generation now of people where look at the Wall Street Journal I mean going to Ecuador to retire is becoming a thing and for some of those people it's kind of out of necessity I agree best rated places are Ecuador and Mexico and pan and people are moving there because it's cheaper because they're only living on Social Security the same way you got people who are in our generation in the US now who they're struggling now we can argue if they should be doing more or not I I don't live there to know but I just I just feel like a lot of people in the Western World now are struggling and I have to think it's parti because of what Steve Bannon the Trump adviser said we hollowed out the middle class in the United States and we built one in Asia as a person who has spent much of my my life for the last Dozen Years in Asia and as a person who's seen the the beautiful people in Malaysia and other countries around there and invests in Cambodia and Indonesia I'm happy there's a middle class in Asia now I'm happy there's a very nent middle class in Africa we're going to be talking about hotpots in both those places you can invest in uh at the event but I'm happy that those people have an opportunity now uh am I happy that that's perhaps part of the reason why it has come at the expense of the average person who used to have it pretty easy in the US got a high school degree got a job bought a five-bedroom house with three cars you know life was good um yeah I don't think there just CU you're born in the United States you should have it so much better at the expensive people all around the world I think there's opportunity we have we have clients who are from Vietnam who have $100 million self-made from a village in Vietnam nobody gave them anything so if they can do it you know sorry I I don't really feel sorry for the guy in uh you know in Alberta I've made most of my wealth outside of the United States at this point so I just I think people are afraid where they see what's happening and it's scary and they feel like I want to live here that's that's true of all human beings but I I just think we have to get over that fear and we to accept things as they are and the United States and Canada and I suppose the UK are not what they once were and you can sit around and fight and pound your fists and say this isn't right listen I'm nobody You're Nobody nobody's anybody one person nobody cares about you especially in a country like the United States you're a pawn yeah go to a country with a million people and maybe then you'll have some kind of say you live in the US you don't matter I didn't matter just go where you're treated best yeah that's that's very true and you renounced your US citizenship correct I did yeah about six almost six and a half years ago yeah oh wow yeah so and and that's another fear like you don't hear that so many times people renouncing their citizenship um I mean there's thousands of people every year um there's new records being set quite frequently and we don't even I don't think know the full accurate statistics I don't think the government wants to put those all out and it's just I think it's notoriously somewhat riddled with airs the list they put out but thousands of people their citizenship over a year now um up from hundreds not so long ago it's people generally like myself who had lived overseas for a substantial period of time I didn't even want to go to the US and you know what I you know what made me realize there was no like particular thing that said I'm going to renounce US citizenship I had thought for years about doing it I don't really agree with a lot of the stuff the country does I didn't feel proud to be an American I actually felt kind of embarrassed when you'd go somewhere and here's my American passport and people lump you in sometimes people just hear my accent and they lump me in and think I'm some you know NATO bombing like nasty guy I listen I mean I had that happen I hosted a party in Vienna and some some women gave out to me that like because of my accident I have no business commenting on us politic I gave up one of the best passports in the world in protest but what I realized was I didn't even want to go to the United States I didn't even want to have a layover if I went from Mexico to somewhere in Europe I would avoid even flying through the us just to avoid dealing with them uh and yet you know I still had all the requirements of being a US citizen which are some of the most onerous in the world and you know that's one thing but the bigger thing for me was that the average citizen that would watch a video and comment or that you just interview in the street would say yeah that's that's damn right he was born here he has to pay well I thought citizenship was a benefit that you were like part of the tribe and you benefited from what the tribe is doing and if you weren't using the tribe's resources then you have to pay and they just kind of okay you're living over there now but no what's happened is people have increasingly become angry which I think anger is a response to powerlessness people feel powerless they their lives have changed in the west life isn't so easy anymore anymore um so they're angry and their anger is directed at me because I don't want to live in their country and it wasn't that I left to avoid taxes um that wasn't the very first thing that motivated me when I was 15 years old when I move overseas I didn't really know that much about taxes when I was 15 uh I mean I I I believed in low taxes but I didn't know what it was like to pay I I hadn't felt it yet right um yeah you know the fact that the culture is so angry now that's it's like that guy even though he never even flies through our country should pay because he was born here even though his money's all made overseas I said that's just going to keep getting worse and worse and worse as the momentum of these countries goes the wrong direction everything has momentum the West mostly negative momentum you don't stop a country with 330 million people moving very quickly in the wrong direction very quickly it doesn't doesn't stop fast it takes a long time to turn that around it's like like an alcohol like it has to hit rock bottom and then maybe it'll turn around and I just said I you know I don't have how many years to endure this abusive relationship wondering how much more abusive it will get uh I'm going to give up my passport and make sure that I'm covered and listen since I've given it up I mean you've seen they' even stopped people from renouncing during the pandemic even while the EMB the embassies were open for other services but they wouldn't do renunciations so I mean like you can't even do it I mean that's pretty sick yeah that's becoming almost very authoritarian and that's what I see in the west unfortunately a lot is a lot of the countries now are becoming very authoritarian and even you know people will argue left right and between two different parties and the way I really see it is they're all they're all cut from the same cloth and pushing similar agendas so it's hard to really I mean like Republicans and Democrats people are so divisive on both sides but you get either one in and maybe it's slightly better but it's mostly the same agenda and policies that are pushed and you know people will agree with authoritarian right policies but then as soon as it's authoritarian left they're like no no no so you can't you can't have it both ways I feel I've told this story before when I when I first decided yes I'm going forward I'm starting no Med capitalist it was at first just kind of a Blog and just me traveling and and writing and eventually people came and ask me for advice yeah um I was in turkey and I was sitting next to a guy going from wherever to wherever in turkey and he worked I think for the UN I forget kind of the story as the years go by but I think he worked for the UN and he was telling me how they get policy achieved and he seemed like a leftwing kind of guy and he's like I'm like want you to just tell people this is my have and I still operate like this in my business with my employees and people in my life like I just pretty much tell people what I think and people know they can that I'm going to be authentic and I'm like why don't you just tell people the end result he's like no no no because people will swallow incremental change but they won't swallow like if you just say like hey let's get to like this this you know let's have a wealth tax they're like that seems scary but if you kind of you know take small steps to get there eventually they'll swallow it and that was scary but listen look at what Trump just said not too long ago about this abortion fight and I'm sure somebody will be upset with me for saying this but for years Republicans in the United States said okay listen overturn roie Wade no more us-wide you know right to abortion throw it back to the States we're states rights people I was watching debates back that same year when Obama got reelected 2012 states rights States right states rights says that says the Republicans now they got roie way to returned which I think has led you know some people to want to leave the us from the left wing saying I mean this is not Advanced and now what am I seeing now the Republicans are like oh it's not a state thre issue let's ban it Nation wide and it's like wait a second your political tactics are no better than the other sides I'm more right-wing I suppose particularly economically but I was never in lock step with the American right-wing by any means and people find that there another reason people find me very confusing if you don't agree with every single thing Trump's ever said you're like a you have Trump derangement syndrome um but on that it just kind of once again showed me the true colors of of you know each party and the party that maybe I'm a little bit more inclined to agree with just partially because economic issues are more are important to me it's like oh you guys have been saying something for decades and now that you finally got it you're doing exactly what the guy from the UN does and you're just kind of like spoon feeding people stuff that they want to hear and you're being disingenuous um if you think that system is going to help you go where you're treated best or be where you're treated best you're you're crazy in my opinion yeah yeah no I totally agree and you know I mov from the UK to Canada and part of the reason why I moved from the UK to Canada was to better my life but the thing that that I've realized over like the eight or nine years that we've been in Canada now is like it things go downhill and you look back at what it was like when you came and you think wow this is totally different and I also look at my home country the UK which I only visit once a year and because you're out of that country most of the time you you go back and you notice how things are getting progressively worse like you say where you're actually there it's very hard to actually see it because it's all happening happening so gradually like you said so all these policies and different things that are being put in in I mean even in Canada now there's census things that are being pushed through and you know people seem to think that if we just elect this guy he's going to just get rid of all this stuff because he might agree with it in some ways because he can use it to further his agenda as well so I think it's it's sort of a weird situation that we're in because it's it's almost like a wealth transfer from the West countries that have always held the wealth to other countries like Asia where a lot of the wealth has gone since 2008 and part of my story was like I was an engineer back in the UK and the company I worked for made healthc care products and that company that went to China and this was after 2008 and everything like that happened but many companies were going to China at that point and the UK used to be a big manufacturing country and make most of the world's products at one point I you know what I I had a friend of mine one of those long running friends from a previous business he said you know what your superpower is is you don't get nostalgic now I do a little bit I remember I made a video about a year ago on our YouTube channel where I said um one of the big Legacy radio stations kdw in Las Vegas big booming you could hear it all over you could hear it in Canada at night in the winter this station was a big station broadcasting all over the Western uh North America and eventually the tower site which at the time was in the middle of nowhere uh when I was a kid Art Bell was on this station I me just Legacy great historic radio station but Las Vegas grew so much to where this middle of nowhere Tower site became quite somewhere and they tore the tower down and they handed in the radio station license I think to build an Amazon warehouse because they could get tens of millions of dollars for the land and what's an AM radio station worth I mean so you know the world changes and that was a little sad to me but like what am I going to do about it I was in the radio business at one point and I did relatively well for myself not as well as I have done in this business by far but uh I enjoyed it I could have tilted at windmills and just said I you know I'm going to stay in the radio business for the rest of my life cuz I I really hope it works I mean hope hope doesn't get you anywhere I think a lot of people are hoping and and and as an entrepreneur my entire life even you know ever since I was 12 years old I wanted to an entrepreneur I I realize no one's going to do it except you and I look at everybody who you know on YouTube is relying on collabs or everybody who's relying on referral Partners in their business I mean I like to rely on myself and I like to rely on my team you can't rely on anybody else if you're going to win but somehow again we throw that out when it comes to politicians even some pretty entrepreneurial-minded people are like well if we only put you know vivec in like all of our problems will be solved it's like how many times have we said that how many times can we say this is the most important election of our lifetime I mean it's a bloody circus you're responsible for your success you're responsible for your and I've learned this one the hard way this one's important your happiness like stop delegating the most important parts of your life to some some politician and I don't care if they're on your side or not they're still a politician no I totally agree with you that it is ridiculous in my opinion and I think a lot of people who actually leave that I've spoke to as well it's kind of funny how immediately after they leave like they'll still look at what goes on but they most of them immediately say they're both the same like they come to the realization almost having that epiphany of oh it's all the same when you actually think about it but when you're there I think it is Hope which is just a four-letter word nothing more that people are trying to cling on to something desperately where they really need to just figure out and I've said it to people many times to look to leave the only way that you're going to actually do something is by boycotting the country that you're in you're not going to change anything it's like you said like we we have so little power and you know our only supposed power is to vote but that's really more of a virtue signaling thing now nowadays anyway so I think it's better to just go where you're treated best and think that now with online working it's much easier to do and that and I get people say to me all the time well what am I going to do like and it's like what are your skill set build build it around what your skill set is or what you love and enjoy doing that was that was always a very hard hard part for me to figure for me to understand I can be empathetic about a lot of things I I was always building stuff since I was 10 years old writing a magazine and selling it door to door I mean to me finding ways to make money and just executing are are pretty straightforward I sto fing you ever get those surveys like you I fly a lot so I get like how was how did qar Airways do I just delete them all why because I realize qar Airways doesn't care whether I was happy or not like my opinions are like you know if if somebody a small business if Tina from all states mailing in San Diego I've known for 15 years calls and says hey what do you think we can improve I like Tina and I'm going to tell Tina what you know probably not much but hey I'm going to give her my feedback because I think it will be implemented Qatar Airways doesn't care and your government doesn't care and I just think like people keep when I renounce citizenship I had to get to the point and I knew I was ready and I talked to some of my friends who I had pontificated about renouncing with years earlier and they said you know I think you're much more content now and here's why there's not any element of Revenge in this Ford now I have a business and my business I mean it's a very Diversified business now but we still have a decent plurality of North Americans who are our clientele and and our guests at Nomad capist live and so I'll talk about the challenges in the United States as a showman and and I I believe everything I say but I realiz it was the time to renounce when I no longer wanted to like show them like I'm going to show you you know like like people want to hurt themselves because they think like everyone else will finally see you know how how much they're missing or something and obviously that's a very sad thing as well but like uh the US government doesn't care if you renounce no citizen cares the people who go on YouTube and say if you don't like it so much leave and you're like yeah I'm 12 years ahead of um they're not going to be oh oh well then by all means I'm so sorry I got it wrong no then they'll have the exact opposite how dare you leave you're a scumbag it's like you just told me to leave if I don't like it no like you're not like you have to do it for yourself and that's selfish no that's self-preservation it's your job to look out for you it's not anyone else's job to look out for you and if you think the politicians are looking out for you again I think you're nuts yeah I totally agree I could agree more with that statement yeah it's kind of a crazy world that we live in these days because there's so many different things going on there's a lot of people who are worried about war there's different things that are happening around the world which I think scares a lot of people and I guess like you probably saw a massive amount of people like an uptick in your business during covid I'm guessing because of all the authoritarian rules and it was the first time we had people who watched us for years on YouTube we've got like 2600 videos people haven't seen us at no capitalist people who watched us for years okay this guy's kind of entertaining there a trump impression every once in a while okay yeah I got to see his points but hey I don't need this we saw a tremendous increase in families up until then we had a lot of business we had some married couples but we had a lot of uh single like e-commerce entrepreneurs and stuff like that people who just wanted to reduce their taxes because we help people legally reduce if not eliminate their taxes by moving overseas that was a lot of the business when Co started and then crypto came with it and a lot of like-minded people there it went crazy and we got you know families of 11 in some cases like extended families like we need second passport we need a backup plan we want to have a big Villa somewhere that if this place goes to hell we can go there um and so it became a lot more involved in helping those people and I mean now we have some very well we help people who have as little as a million dollars but we help people who have hundreds of Millions billions of dollars sometimes and some of them are like I want Plan G I want plan a forget Plan B give me B CDE e fngg I'm not kidding I want five passports I want four residence permits I want three pitars somewhere else you know we had one guy it's like I don't want to go to the country can you get me a power of attorney we figure that out he's like every time the private jet has to go there it cost me $200,000 but Hey listen I'll spend the $200,000 in the private jet if that's my ticket to freedom when this place has a problem and I can go to my house in that country where I became became a citizen I I think it woke people up that when I started this in 2012 people you know thought this guy's nuts why would an America need a second passport why would it okay fine Americans have worldwide taxation there's ways to gly reduce it if you're an entrepreneur why would a Canadian or an Australian or a British person need a second passport well now they're seeing why Boris Johnson was like ah we don't have to your passport if we don't want to Justin Trudeau taunted you that maybe you shouldn't be allowed to have a passport if you don't agree with him Australia said okay you have a passport but you can't come in to your own country which is like in total violation of all the international law but who cares and and then people are like oh but you know you go to Malaysia what does the Constitution there say well you know I think it's pretty clear that if you're Australian you should be allowed to go to Australia but they didn't seem to mind wow yeah that's so uh let's talk more about Malaysia where I lived by the way where yes it did get worse in 2021 after I had left but when I was there in 2020 I flew back from Myanmar 24 hours before the Border closed I've never had a good experience trying to go to Myanmar it's been botched every time but I was in Myanmar I came back to see my wife she said come on I think they're going to close the border I came back just in time and we spent about six weeks like everybody else locked down Malaysia reopened before Florida did but they don't have a loud mouth like Ron de santis going around flapping his jaw and his little white boots so uh you know you wouldn't know that but it did so you can talk all you want about Australia and about Florida and everybody about everything else and by the way during those six weeks I mean there were restaurants in Malaysia that were open because you know they're a little more laidback all right the white people live here who let them do whatever they you know I I I just think it was a great lesson in soft Freedom versus hard Freedom hard freedom is written down but if you don't follow what's written down who cares well yeah yeah exactly and I think more and more going into the future I think we're going to see like money is going to become harder to move and they're going to say oh it's because of war and different things like that and there Central yeah yeah very true I mean the US is one of the worst places for that yeah I mean at least the US I'll give the US this because they're the ones who harasses everybody else it's easier to move money from there might have a bank account in the US I you know I don't get bothered too much I've got a very good relationship with them I think you want to have a relationship with what bank you have and I do think people should have Banks I know some people are just 100% in Bitcoin I I'm I'm for Bitcoin but I don't want to be for being 100% um no I think you want relationships with your Banker I so the US is fine this is an example where you want a strong jurisdiction like the aforementioned sing Singapore where you know they've got a clean reputation and there are some rules but they're also flexible with you and they're transactional and it just works um you know I just moved some money out of the Bahamas recently and um it wasn't that bad but they they asked for more things than I would be asked for the by the US precisely because the US Central Bank pressures their Central Bank which pressures their Banks so there's a balance to get with all this but yeah go and try in a western country to take out 5,000 in cash and see what they tell you yeah yeah it's not easy I know it's not easy it and we have a bank account in the US for our North American clients and I thought you know could we get rid of it and it's like because I just don't want the time to the us but we did it for convenience and it doesn't affect our our tax friendly status it's like no because when you know in the United States the banks are so obsolete that with many banks you have to go into a branch to send a wire I closed my TD Canada account recently I've had it for um probably about 12 years I closed the account 11 years I closed it recently they had to me a check to an like a mailbox and then the check took like a month to clear it's from Canada I don't have another Canadian bank I don't want to have another Canadian bank and I'm just thinking to myself everything in North America step into a branch and if you step into a branch Say Hey I want to send you know x amount of money to Nomad capitalist in Hong Kong or in Europe or wherever else you know you want to pay us Bankers are like oh my God other countries there's must be something terrible a foot and you know a couple people over the years have been spooked by that and it's probably cost me you know $100,000 over the years um you know because uh you know people who thought they wanted to go offshore don't actually want to go offshore that's the challenge is just this lack of international perspective and that permeates everything in the US culture people don't invest overseas they don't consider options overseas and I think that's going to be very dangerous yeah yeah no I totally agree I totally agree with that so are there any final thoughts of wisdom that you want to leave us with tonight well I think you know go where you're treated best is something that's at ethos for everyone should live I think it's how we live in most places again if you fly in Qatar Airways and you're not happy with them you're not going to fly them anymore and I think that we should switch from sending a nasty email to the CEO or leaving a bad comment like who cares just take your money and go somewhere else they're not going to change because of you like I think that particularly people like myself who are libertarian minded have this kind of ego that like we have this outsized influence and that people care about our opinions and our vote matters it's like no you're one person there's eight billion people in the world let's not be egoistic about this and so go where you're treated best is a very simple road map again it's what you do when you book an airline ticket it's what you do when you choose a restaurant what you do when you choose a partner and listen um you know you can choose a partner but if that person becomes abusive during your relationship you're probably going to end the relationship you certainly should if someone starts you know physically beating you or manipulating you or gaslighting you I mean that you might like to keep the relationship because that's how it's always been but you probably want to you know get out of that relationship think that we want to look at our relationship with our country like any other relationship and we want to partiel it out to whichever place serves Us best most countries in the world are competing with each other they want your business you know Singapore Banks aren't going to be you know destitute they don't get your 200 Grand but they'd like to have your business in many cases and I think you should go places where your business is not only tolerated but celebrated and that's probably not where you're from certainly not in the United States where they win at nothing except prisoners per capita it's the only thing they're the best at statistically I mean so you can AR you can tell me that you know the best beat you just statistically best at one thing prisoners per capita sorry like don't that's that's the research and that's how I think people should have relationships with with their country and I'm not saying that listen I I wasn't a big fan of the US it was an easier decision for me but when I see how good life is now and I watch people make that transition and I see people come up to me all around the world and say hey thanks to you I I changed my life I met that woman bit In My Dreams by going somewhere else I did this I did that go where you're treated best it's a very powerful concept and it's what we're going to be talking about for for four wall toall days uh this September in quore at Nomad Capital live yeah I'm looking forward to it it will be a great event yeah and you guys if you want to check out the event there's a link in the description check it out I will be there speaking there's going to be many great exciting speakers much better than me that I'm looking forward to seeing and meeting as well so it'll be a fantastic event so I want to thank you so much Andrew for coming on thank you so much see you in koal andore yeah thank you

Channel: Market Mania 🇨🇦

Views: 71,640

Keywords: so, many, leaving, canada, but, where, do, you, go, where do you go?, leaving canada, #leavecanada, leave united states, leaving united states, retiring, many people leaving canada, leave canada, moving to canada, immigrant, panama, mexico, moving to mexico, nomad capitalist, nomad capitalist malaysia, andrew henderson, tax havens, best places to live abroad, market mania, market mania ca, market mania canada, market mania luke, global news, city news, toronto, vancouver, trudeau, biden

Id: SqvYFP6nOdg

Length: 34min 2sec (2042 seconds)

Published: Wed Apr 17 2024