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

by Andrew Henderson

One other principle that has served me well in trusting is having an abundant lifestyle. For most traditional digital nomads, the key identifying point of their lifestyle choice can be summed up in one word: ‘cheap.’ An entire cottage industry has been built up around people who prefer living on $1,000 a month in Chiang Mai to working in the City of London for $100,000 a year. There is nothing wrong with that lifestyle, but it does condition you to think, “How can I get this done for cheap?”

During the hour I receive the massage, the active pain of a fist digging into my shoulder is often far worse than the passive pain of simply having a knot in that shoulder. A massage is not necessarily meant to feel good during the experience but to make you feel good afterwards.

I frequently encourage people to sit in the pain. Merely dulling the pain may feel good, but it is not a recipe for success. Instead, use that pain to transform your life and get more of what you want and less of what you do not. Acknowledge and use the pain you are experiencing to transform and create a long-term positive change.

When you realize the $100,000 you paid last year could have been re-invested in Facebook ads and generated $300,000 in additional sales, you start to realize what is at stake, just as I did when I discovered my employee had chased $60,000 in business out the door.

Considering how many people have told me that they want to live this lifestyle, versus how many actually take the necessary steps to do it, mindset and the willingness to take action is far more critical than knowing the specific steps to take. If you are motivated enough, you will do what it takes to find out.

“Uncertainty is where the magic happens.”

I recommend that everyone start by opening an offshore bank account. While the process of opening your first offshore account is a bit more difficult now than it used to be, it is still relatively easy to open an account, especially if you are willing to get on a plane.

I help five motivated people each month figure out what needs to be done, and then I help them to do it.