Nomad Capitalist: How to Reclaim Your Freedom with Offshore Bank Accounts, Dual Citizenship, Foreign Companies, and Overseas Investments

Some things I already knew as a perpetual traveler but other ideas were new to me like the Optionality to live in 3 different countries on the permanent bases. And I liked the quadrants model. Good read and very thorough.

The book is a comprehensive guide to doing what many people just think about - diversifying away from a geographically anchored life. I read the book in one long seven-hour marathon and was surprised that it kept my attention for this long (often books in the business oriented "self help" genre can be tiring to read). The book is practical without being formulaic, and my takeaway is that the author's personal philosophy is as much that a worthy life is one rich in experiences, as it about saving cash through off-shoring to increase personal wealth (though of course the latter can serve to enhance the former). There are enough anecdotes to keep the reader entertained, and the author's tone is in general remains balanced and upbeat without drifting into into egotism (another complaint of this genre). The research also really shines through - the author's first-hand experience of (for example) scoping out Albania to determine investment opportunities, of understanding what makes a successful businessperson in Cambodia and to bank account set up in Romania, its clear that he's been living this life for a long time and and has a genuine passion for it. Like all books in this genre, a reader's potential for effecting positive change in their life depends on their own motivation. The author is honest about this - and also about the fact that many people's life circumstances simply don't allow them to diversify their life out of one place. All in all, an interesting read that provides lots of food for thought and outlines a few initial practical steps that anyone can take to de-anchor themselves.

Rules for obtaining citizenships and practicalities of setting up bank accounts, residencies and businesses in other countries tend to change a lot, so the author's aiming at a moving target. But the mindset needed to actually give such things a try is a constant, and Henderson offers good advice to those who are truly interested. He's right to point out that opportunities can be fleeting, suggesting that yesterday is when to open a bank account outside the US (but not saying enough about what happens when a foreign bank decides it doesn't want to deal with US regulations any longer). He even concedes that such a lifestyle might not work for some people, although he largely ignores the need many people have for stability (especially those with children and/or pets). Sometimes it's hard to make sense of where he's coming from – on one page ranting against "angry grudge-bearing libertarians" while on a few others sounding like he might be something of a libertarian (if not necessarily an angry one) himself. There are times when the bragging is obvious: on page 51 he claims to visit an average of 30 countries a year and on page 57 he says that was his all-time high for a single year. Yet this was an enjoyable read and if I was younger and interested in starting a business it might've been quite helpful. Sadly, the final pages included a brief rant against "mainstream media" in the form of a claim that they can't be trusted to report on how to do business overseas. Sorry but I will ALWAYS believe long-established and credible media sources over what's written or said by one human being with an obviously vested interest in selling you his services.

A good introduction to structuring one’s life in a way which lets you optimize for whatever you wish, provided you are willing to look at international opportunities. I found the author through his YouTube channel (content marketing, but very heavy on the content.). The modern “offshore” world is something I know to a pretty reasonable degree, although only some of my experience overlaps here (and some of it predates the author’s). From what I can tell, the information presented is quite good, and up to date, although the specifics of which country and which programs are best at any given time constantly are changing (and a lot of things depend upon the individual). The most valuable parts of the book are: 1) drawing a line between the old “secrecy” based offshore world (70s-90s) and the new compliant but optimized offshore world; and 2) the general mindset of planning these kind of strategies, deciding when to act, and showing what is generally possible. One specific fact I learned was the favorable treatment of overseas precious metals holdings for US citizens; one big weakness or missing area of the book was technology (communications, cryptocurrency, infosec, etc.) Overall I strongly recommend this book. It doesn’t provide specific how to steps, but that would be unreasonable for a book like this (as every situation is different). It probably could do it being updated or expanded with some of the information from the YouTube channel, rather than just a funnel toward consulting services at the end, but it combined with the website and YouTube channel provide really comprehensive and up to date information.

I think most of the negative reviews here are looking for one thing: a universal DIY step-by-step process on how to "Go where you're treated best." Well, you won't find it here, simply because...that does not exist! What's best for one person isn't necessarily the best thing for EVERYONE in the world. And so it would be quite impossible to simply publish a course, or fill this book with detailed processes - just in case everyone who reads it decides that doing all that is his ONLY best option... And that would be far from the truth. Andrew Henderson revealed a lot about his personal strategy without getting too technical, because choosing his EXACT path isn't going to be right for everyone. This book is so full of information, but only for those who are willing to expand their perspective. View the ideas and tips with critical thinking, and decide whether this path is for you or not, so you can take the necessary steps to get there in a manner that suits YOU. I've always been fascinated by offshore companies, coming from a bureaucratic, business-unfriendly country (see? I'm not a US citizen, and even I found this book amazing. It's really all about perspective). This book has inspired me beyond the entrepreneurial aspect; the whole philosophy of going where you're treated best should be embraced in all aspects of your LIFE. And if you just let that sink in for a moment, it will change how you think and feel and view the world and its opportunities. Read this book, then go be an entrepreneur about it: Make the strategies your own, figure even more things out along the way, and when you can - get a mentor to get where you're going much faster.

The libertarian's guide to "avoiding" political conflict, laugh at the cronyism that one would leave behind in his/her home country and focus on living a lifestyle where the government doesn't commit unconstitutional acts. This is a life experience and not conjecture like many works out there. Henderson gives an excellent argument for why this lifestyle can make such a positive influence on one's life even if they themselves are not wealthy. As a generation Z chemistry student, I want to look at the world the way he does and find ways to make the world work for me instead of me work for the world. Added in reply to another post: Why should we have to pay taxes? To pay for politician paychecks? ------In the US they make hundreds of thousands per individual. To pay for infrastructure? ------Government gets charged too much for services to be paid for by the government due to the massive kickbacks companies dole out; it is not uncommon for the US government to be charged 250% more for the same item that a citizen would pay. To pay for schools? ----------Unionized teachers are the leading cause of kids failing out of school because they are given no incentive to work hard, YOU CAN"T FIRE THEM!! Charter schools are FOR PROFIT. They service poor communities and have allowed students better educational opportunities for a lower cost to the taxpayer. To pay for hospitals?--------As Henderson says in his book, the hospitals in the United States are horrible. Overpriced and deadly due to malpractice. Why shouldn't we look to Vietnam and Malaysia as examples of what could be. Look, we should let individuals take care of their own instead of letting the state do it. Between the bureaucrats and the red tape, getting anything done always leaves the taxpayer with a deficit. A $20 trillion deficit.

This book gave me a whole new perspective on business, taxes and traveling. As a young entrepreneur it’s both inspiring and anxiety inducing. While reading I gained so much insight on how you can expand and grow a business across many nations all while reducing your living expenses, decreasing taxes and increasing your lifestyle. The world is your oyster when you’re willing to put in the work

This book will get you thinking. There are some interesting chapters on citizenship, residences, business locations all around living and/or doing business in the best locations and ones where taxes are the lowest. It's really quite interesting but since I'm not a billionaire it's hard to see how any of these can be readily applied to my circumstance. For example, opening a foreign bank account is stressed and likely a good idea. It's not really possible to do that (for most banks I'm guessing) remotely online. You need to go to that country where the bank is and open an account in person there. What countries would be good candidates? Not really explained. Another example would be setting up a residence in a country that has low to zero personal income taxes and is a good place to live. Well there are lots of countries that might fit that bill but unless you spend a lot of time traveling the world and looking for this who knows where you might end up. Incorporating a business and/or setting up a business in one or more countries is also interesting given the tax situations several countries provide. Which would be good? Bad? Not really explained so how to figure. I think the author is whetting your appetite and hoping you'll give him a call to get the details on next steps. It's a good book and I get why it's not all laid out in an easy to follow set of steps but I would have liked to see some basic logic steps that one could follow to assess and plan for next steps on becoming a nomad capitalist.

It's an intelligent, witty, funny and very interesting read. The key point is to go where you are treated best, and that means it might not be in your own country of origin. It especially seems feasible for the person making money and not tied down. In reality, it would pose some challenges for those with a family--like me! But, the book is well worth the money and time, and gets you thinking about taxation and $ among other things.

I became aware of Andrew Henderson when I began researching perpetual travel and discovered his Nomad Capitalist YouTube channel. He presents as someone with confidence and promotes his paid-for consultancy service at every opportunity. The book is, as others have written, a marketing opportunity for his chargeable services but its' still worth a read. You won't get answers to questions like 'where's the lowest cost location for retirement' but the book gives some useful insights into the author's mindset and thinking about 'going where you're treated best'. His explanation of the benefits of holding a second citizenship are laid out very clearly. He also promotes having bank accounts in overseas locations, makes it clear that there are some challenges and barriers to opening one, and makes it clear that his firm can help. I would have preferred some more practical tools and pointers on implementation. Much of the content is aimed at Americans, who have to renounce their US citizenship to escape paying US income tax. Anyone who has watched the YouTube channel won't be surprised that Malaysia and Georgia are mentioned frequently. Henderson's writing style is informative and pacey and this makes Nomad Capitalist a good read. I found myself dipping into it randomly after I had finished it, going through some of the points a second time. It's a helpful read to better understand where he is coming from in his videos.

Información de calidad. Explicado de una forma clara y detallada. Estoy encantado con esta lectura.

I really liked this book. I started following Nomad Capitalist in 2020. In this book, you learn how to do everything legally. This book talks about the strategies used by Andrew Henderson. The idea of moving overseas was something I always want to do but didn't have the right knowledge of. I always dreamt of living in different countries all over the world and now with this book, I can make that dream a reality. This book discusses offshore companies, offshore bank accounts, and multiple citizenships, increasing your personal freedom, healthcare, residence, investing overseas, etc. Before watching Andrew Henderson and reading this book, I was completely unaware of the benefits living international life provides. I really admire Andrew Henderson and his team for making everything easy for others. Everyone who wants to live a better life should read this book. Thank you so much for this masterpiece.

Nomad capitalist helped me to open my eyes to a wide variety of global opportunities and to regain a long lost awareness of the potential benefits of an adventurous life without borders, including a call to action that distinguishes dreamers from achievers.