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The Power & Market Report » powerandmarket


Reporting from Argentina | Albert K Lu & Nick Giambruno

November 11, 2014

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Albert and Nick discuss the international lifestyle from Doug Casey’s development in Cafayate Argentina


Interview Highlights

  • It’s important to distinguish between your legal residency and your lifestyle residency
  • it’s not optimal to live in the country in which you are a legal resident
  • It’s much better to be considered a tourist because you will be treated as a valued guest
  • Argentina provides a nice lifestyle
  • People who travel see the world in color; people who don’t travel see only in black and white
  • Regarding global tax compliance agreements: GATCA is  essentially a global version of FATCA
  • Going offshore is not only for the wealthy
  • Any English speaker can become certified as a teacher and teach English in a foreign country
  • China and South Korea are popular places to teach English
  • Try to create a location independent stream of income
  • Nicaragua is a great choice for low cost of living
  • Ecuador also has a low cost of living and is popular
  • Argentina is a great place to live but not a place for starting a business

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References & Links