Nomad Capitalist: How to Reclaim Your Freedom with Offshore Bank Accounts, Dual Citizenship, Foreign Companies, and Overseas Investments

by Andrew Henderson

I am currently working on a residency in Eastern Europe for which I am required to purchase a home in the country. Fortunately, there is no price threshold; you can buy any house for any price. And the cost of land in this particular country is dirt cheap. While I found one 600 meter home for €4,300, I plan to purchase a 2,000 meter parcel of land for €6,000 that will allow me to build a second structure, or whatever else suits my fancy. In this case, with one minimal real estate investment I will be able to qualify for a second residency, purchase a home, and have extra land available that grants me the flexibility to do whatever I want with it.