Courtesy of John Lee Dumas at Nomad Nation
Bobby Casey sits down with JLD at Nomad Nation to unpack how to thrive as a location-independent entrepreneur.
Three Key Take-Aways
1) When you are living homebased, everything is location dependent. Social, government and banking are all built around it. Now with the rise of the nomad, people have options to live in other places that will save them from tax liabilities.
2) Having an offshore holding company where you will pay the salary is a big tax saver.
3) If you want to do it, go for it. Don’t be afraid to take the leap to be a location-independent entrepreneur.
A Few Points They Cover
- What should people focus on when pursuing a successful business?
- Tracking The Rise of the Digital Nomad.
- Tax Optimization Strategies and specific tips for minimizing tax liabilities as a location-independent entrepreneur.
- Solutions and strategies for establishing residency if that was a route we wanted to explore.
- Navigating both banking and payment processing option.
Click below to enjoy the conversation!