The Power & Market Report » powerandmarket
Reporting from Argentina | Albert K Lu & Nick Giambruno
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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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