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Geo-Arbitrage and Expatriation for a Better Life: Interview with James Wesley, Rawles of Survival Blog RPF0122

Geo-Arbitrage and Expatriation for a Better Life: Interview with James Wesley, Rawles of Survival Blog RPF0122

FromRadical Personal Finance


Geo-Arbitrage and Expatriation for a Better Life: Interview with James Wesley, Rawles of Survival Blog RPF0122

FromRadical Personal Finance

ratings:
Length:
54 minutes
Released:
Dec 18, 2014
Format:
Podcast episode

Description

Today, we welcome Jim Rawles, Founder and Editor of SurvivalBlog.com back on the show to discuss improving your lifestyle and personal resilience by moving.
We talk about optimizing your lifestyle within the United States by carefully selecting your location as well as the pros and cons of international expatriation.
Topics include:

Ideas for playing the "State Line Jumping Game" (living in a no-income-tax state and shopping next door in no-sales-tax state).
Brief mention of the "Five Flags Theory." In essence, the idea is that you can arrange your affairs over five different countries:

Flag 1: Business Base-These are places where you make your money. They must be different from your personal fiscal domicile, the place where you legally reside.
Flag 2: Passport & Citizenship-These should be from a country unconcerned about offshore citizens and what they do outside its borders.
Flag 3: Domicile-This should be a tax haven with good communications. A place where wealthy, productive people can be creative, live, relax, prosper and enjoy themselves. Such a place should not be threatened by war or revolution and preferably should enjoy good levels of banking secrecy.
Flag 4: Asset Repository-This should be a place from which assets, securities and business affairs can be managed anonymously by proxy.
Flag 5: Playgrounds-These are places where you would actually physically spend your time.


Jim's idea for "The American Redoubt"
The Free State Project and Free State Wyoming
Estimate your own tax savings with SaveTaxesByMoving.com
Considerations for international expatriation:

taxation, language skills, friendly to foreigners, strength of the economy, crime rate, climate and lifestyle, gun laws, homeschooling laws. etc/


Discussion of Finland, the Philippines, Swizerland, New Zealand, Belize, Costa Rica, Panama, Chile, Argentina, Paraguay, Uraguay
For more information check out the Sovereign Society and International Living
For a Second Passport opportunity, consider St. Kitts and Nevitts
Check out Jim's novel: Expatriates

Enjoy!
Joshua
Released:
Dec 18, 2014
Format:
Podcast episode

Titles in the series (100)

Joshua J Sheats, MSFS, CLU, ChFC, CASL, CAP, RHU, REBC is a financial planner who teaches people how to live a rich life now while building a plan for financial freedom in 10 years or less. He mixes creative approaches to lifestyle design, deep-dive financial planning techniques, and hard-core business strategy to equip you with the knowledge and inspiration you need to build financial independence.