Nomads
Lifestyle • Travel • Preparedness
We "Go where we are treated BEST," the motto from Andrew Henderson's Nomad Capitalist. We pay what the lowest LEGAL tax allowed, and we aim to get multiple citizenship / residences / bank accounts. We like Crypto / DeFi / Finance 2.0 and anything that preserves the wealth we create!! We are all about maximizing our freedom and flexibility for ourselves and our fellow Nomads.
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March 26, 2022
Costa Rica - A Nomads Experience

Recently there was a tweet from Nomad Capitalist about Costa Rica:

https://twitter.com/nomadcapitalist/status/1505561885382701056

From @TomLiberty;

Some more things about Costa Rica:

On the negative side:
1) That residency process will frustrate you if you do it on your own. Their governmental processes sometimes have red tape (I usually find a fixer to help me if that is even possible here. I do not know of any fixers in immigration, sorry. And these laws are so new that it will add to it.)
2) The country has a lot of import tariffs. So a car in Panama is 1.5x in Costa Rica for example.
3) It's pricey. Sometimes the prices are exactly what you'd get in the USA. The trick is to change your lifestyle to be more like a tico. Eat their food. Don't buy imported chocolate and cheese.
4) It's not Medellin (eg, the cuisine, the bargain basement prices, single nightlife, the most perfect weather)
5) there are a lot of regulation around environment and labor.
6) Are you sure you want to go for residency or citizenship, because there is some creeping socialism.

On the positive side
1) These people are extremely easy going. You will eventually love these people. They remind me of Thai people. They are hardworking provided that you do not treat them like an employee. You have to treat them like friends that happen to be working for you. hahaha. There is a transition for people like me, ie for prima donnas from LA, NY or San Fran used to the American caste system.
2) The land is the most beautiful I have seen in the world. The sunsets are #1. Fire flies and animals and birds everywhere. It feels like you are in Jurassic park.
3.) The weather is close to perfect.
4) Real estate will appreciate above average as environmental restrictions begin to tighten supply.
5) No one really pays taxes when everyone is asking for cash. It's pretty common for Ticos to avoid paying taxes entirely. Go ahead, be my guest.
6) They have a law that says that they want to tax some of your worldwide activity, but they haven't gotten around to it. (Since it seems like they need to be bailed out again with their COVID mismanagement and overall governmental mismanagement, I am starting to think that they will continue to be pro-immigration/residency.)

In conclusion: There is a lot of potential here. Passport in 7 years might be a mirage. It's hard not to have a wishful thinking bias. The devil is in the details. Let's continue the conversation.

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What else you may like…
Videos
Posts
March 12, 2022
The Politics of Hate

Trying out something new, a video message.

Also to back this up is a good article from Glen Greenwald about how our capacity to reason diminishes during the highly charged climate surrounding a war and war propaganda from BOTH sides.

https://greenwald.substack.com/p/the-war-in-ukraine

00:03:37
July 02, 2021
Robert Barns on Why The Locals Platform is Special!

You can catch Robert Barns on his locals platform at

https://vivabarneslaw.locals.com/

00:09:26
Intro Post

Welcome to the Nomads Locals Page, connecting all who attended 2021 nomads conference and those who ascribe to Andrew Henderson's "Go Where You Are Treated Best"

We highly recommend to subscribe to Andrew's You Tube channel here:

https://www.youtube.com/c/nomadcapitalist/videos

Note: This site is NOT affiliated directly with Nomad Capitalist, but we support his ideals and hope to foster many nomads in a vibrant and free community!

00:01:06
December 26, 2024
Michael Saylor and the BTC Kayfebe

Michael Saylor shared something recently that may have gone unnoticed by most.... he said it in an interview with Tom Bilyeu recently.... here is the clip:

https://x.com/TheBTCTherapist/status/1869507247526793481

MICHAEL SAYLOR: The first nation to print their own currency to buy Bitcoin wins.

Paul from invest answers then also put together the fact that MSTR is applying to issue more stock to buy more BTC.... is that the same thing? Basically, people will be using fiat to buy stock that will be used to purchase BTC. But the BTC supply is limited.... so get your MSTR (or your BTC) soon! (NOT financial advice....)

But this is not what Satoshi's original 2008 whitepaper (https://bitcoin.org/en/bitcoin-paper) had in mind when it developed Bitcoin, it was suppose to be a peer to peer cashless transaction system, right?

Roger Ver thinks so, and wrote a book about it called Hijacking Bitcoin. This video is a summary of that book ...

August 22, 2024
Authenticity Matters

Why Doug Casey and Anton Wahlman are wrong about the upcoming election.

Let start by reading and listening to what they have to say:

https://antonwahlman.substack.com/p/america-is-now-a-socialist-country

After reading the blog post on Hersey and Liberty, and as we see in the video from Doug Casey on why they think America is doomed to vote in "Commie-La", I think they have missed the bigger picture on the American electorate and what is driving the upcoming election.

Going through history, the three things that are the biggest motivations for the motivation to "Throw the bums out" are;
1. It's the Economy, stupid
2. How safe am I now?
3. Foreign Wars

Maybe the 2nd and 3rd reasons are intertwined, but this is the main three. And Commie-La, as much as she may try to run against the current administration, people know, she is part of the machine in power. With all three of these big picture items against her, the chances she pulls this off are extremely low.

Doug and Anton are reacting to a ...

July 22, 2024
Opportunity missed...

I liked this article on Substack, and of particular interest is the video from Richard Nixon. Oh if we could only go back and know then what we know now.

https://antonwahlman.substack.com/p/putin-to-tucker-nato-provoked-the

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