Chapter
Benefits of Second Residency and Passport for Tech Entrepreneurs
47:39 - 52:07 (04:28)
Second residencies and passports allow individuals to live in countries such as Indonesia or Mexico while making the same amount of money, without having to pay property or federal income taxes. This is particularly attractive for tech entrepreneurs looking to escape high cost of living areas like San Francisco.
Clips
The podcast host and guest discuss the value of obtaining a second residency and second passport as a way to live a tax-free lifestyle in countries like Indonesia, Mexico, and Panama, which is beneficial for tech entrepreneurs like Sam Sully and others.
47:39 - 49:43 (02:04)
Summary
The podcast host and guest discuss the value of obtaining a second residency and second passport as a way to live a tax-free lifestyle in countries like Indonesia, Mexico, and Panama, which is beneficial for tech entrepreneurs like Sam Sully and others. The host explains that he became interested in the topic after realizing that some of his tech friends had left the expensive San Francisco area for this lifestyle.
ChapterBenefits of Second Residency and Passport for Tech Entrepreneurs
Episode#147 - How Sam Hacked Amazon's Book Rankings, A $600m Exit, And Crypto with Brother Aaaron
PodcastMy First Million
The speaker reflects on his experience of underpaying his housekeeper in a foreign country due to his lack of knowledge regarding the true cost of living as an expat.
49:43 - 50:51 (01:07)
Summary
The speaker reflects on his experience of underpaying his housekeeper in a foreign country due to his lack of knowledge regarding the true cost of living as an expat.
ChapterBenefits of Second Residency and Passport for Tech Entrepreneurs
Episode#147 - How Sam Hacked Amazon's Book Rankings, A $600m Exit, And Crypto with Brother Aaaron
PodcastMy First Million
Having a passport or residency visa can provide opportunities to work and access health insurance in other countries, while also offering a way to avoid job loss and healthcare concerns in the U.S. due to political unrest and the COVID-19 pandemic.
50:51 - 52:07 (01:15)
Summary
Having a passport or residency visa can provide opportunities to work and access health insurance in other countries, while also offering a way to avoid job loss and healthcare concerns in the U.S. due to political unrest and the COVID-19 pandemic.