171: Offshore Investing as an Ex-Pat with Escape Artist's Mikkel Thorup

EPISODE · Feb 18, 2021 · 1H 24M

171: Offshore Investing as an Ex-Pat with Escape Artist's Mikkel Thorup

from Invest Like a Boss · host Sam Marks Johnny FD Derek Spartz

Mikkel Thorup is the host of The Expat Money Show podcast and the Director at EscapeArtist.com. He is the author of #1 Best-Selling book Expat Secrets on Amazon. Mikkel has spent more than 20 years in continual travel around the world, circumnavigating the globe more than 400 times visiting over 100 countries including Colombia, North Korea, Zimbabwe, and Iran. His goal is to help people just like you to generate additional streams of income, eliminate your tax bill, and take advantage of offshore structures so you can travel the world freely and never have to worry about money again.   Listen to ILAB 171 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Sri Lanka / IG @johnnyfdk Sam Marks – Thailand / IG @imsammarks Derek Spartz - Los Angeles / IG @DerekRadio   Sponsor: IndeedReceive a free $75 credit to boost your job post on Indeed when you visit Indeed.com Support Invest Like a Boss: Join our Patreon Discussed: TLAB 263 - Mikkel Thorup Living Abroad As An Expat 2nd Passport  Escape Artist Expats Secrets: How to pay zero taxes (Book) Johnny FD Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 17:13 – Why invest offshore? 21:12 – What are your thoughts on investing in foreign currency? 23:26 – What are thoughts on holding gold? 26:35 – Can you describe the vaults you visited? 31:22 – What other investments will you recommend to those who want to go offshore? 36:25 – Can you clarify the reporting on overseas accounts? 39:15 – Why are you supportive of people having second residency or a second passport? 44:20 – What are some of the other ways you can file for citizenship? 47:05 – What are other services you help people with? 48:11 – Johnny and Sam review If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.

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171: Offshore Investing as an Ex-Pat with Escape Artist's Mikkel Thorup

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