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Expat Secrets: How To Pay Zero Taxes, Live Overseas & Make Giant Piles of Money, by Mikkel Thorup
PDF Ebook Expat Secrets: How To Pay Zero Taxes, Live Overseas & Make Giant Piles of Money, by Mikkel Thorup
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Review
"In 'Expat Secrets' Mikkel elegantly describes the many benefits that accrue to those that choose their country of residence and provides practical and timely tips and examples for doing so... this book is a game changer!" - Gregor Gregersen, Founder of Silver Bullion Pte Ltd."A huge thanks to Mikkel for a clearly written, concise description of the international experience as lived by a true global pioneer.  Especially refreshing is the chapter on the benefits of raising children overseas. As the father of two 3rd culture kids, I can personally assure you that no education expands the mind more than growing up overseas." -  Michael K. Cobb - Chairman and CEO - ECI Development"Having incorporated hundreds of companies for clients over the last 7 years, this book is very helpful for those that are starting out" Edmund John Lowell - Founder, FlagTheory.com | Incorporations.io"Having lived and worked overseas for more than a quarter century myself, I've seen Expats make every mistake under the sun... save yourself time and energy and learn from someone who has actually done it. Expat Secrets is THE BOOK to get you started on your international journey."  - Lief Simon - COO and Senior Real Estate Editor - Live and Invest Overseas
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Product details
Paperback: 150 pages
Publisher: Independently published (December 3, 2018)
Language: English
ISBN-10: 179070393X
ISBN-13: 978-1790703937
Product Dimensions:
6 x 0.3 x 9 inches
Shipping Weight: 9.9 ounces (View shipping rates and policies)
Average Customer Review:
5.0 out of 5 stars
12 customer reviews
Amazon Best Sellers Rank:
#247,862 in Books (See Top 100 in Books)
I've lived the "offshore" lifestyle for more than a decade now. I'm a citizen of three countries, visited more than 50, own property in a couple, and have companies and bank accounts where it is convenient for me. I've produced books for Americans looking to adopt travel as a lifestyle or understand the complexities of the US tax system for expatriates.More importantly, I've worked with and hired many of the so-called professionals in the offshore services space who offer advice and done-for-you services for people who are new to this world and intimidated by the enormous amount of misinformation out there. This is the kind of area where if you are not familiar with at least the basics of what's available, it's extremely easy to be misled or overcharged by a middleman who doesn't actually know as much as he claims he does and plays off your ignorance.If you've done any research in this space at all, you've probably come across the overly posturing egomaniacs who try to portray themselves as the experts to all things overseas. Many of them have even written similar books that promise to teach you what they know, but are not-so-secretely just sales pitches for their overpriced services.Expat Secrets is different because it doesn't have a hidden agenda. It exists just to take you by the hand and show you the groundwork of how this world of international living and investing works. Mikkel doesn't try to make it the perfect, esoteric guide to everything you could ever possibly want to know, but reading his book will definitely open your mind to all the ways you could apply internationalization to your personal life, relationships, business, banking, and sense of identity. It's an excellent primer to arm yourself with before rushing in to make expensive decisions about where you are going to get residency or set up a company. Highly recommended from someone living this life for a long time now.
Living abroad as an expat has a certain romance to it. Let's face it, the idea of living in a beautiful, exotic locale while being able to delve into the culture there sounds really attractive.Fortunately, with the advantages of technology and communication that we now have, many people are opting to live the "laptop lifestyle," living abroad while running their businesses. I know some of these folks -- they move around at will or choose a country like Columbia in which to make their base.But the question that has always nagged me is this: Is it really as simple as packing your bags and hopping on a plane? What do you really need to know about the country you're moving to? What about taxes, cost of living, currency fluctuations and investing?The good news is that Expat Secrets gives you all that and more!The author, Thorup, has lived abroad for decades and leverages his many years of experience in this book - so you can benefit too. He holds back nothing (from what I can tell) and gives you what you need to know in an upfront style without all the fluff and padding found in so many other books.The book is divided into 14 distinct chapters that will take you from where you are now, to a more international lifestyle. If taxes are your main concern, Expat Secrets can help you go from paying high taxes to being tax-free (assuming you are able to make the necessary adjustments). If you're looking to diversify your income from one currency to multiple currencies, you'll learn how to do that too.So, if you don't know anything about global diversification -- you'll know as much as Jason Bourne by the end of the book! No, you won't learn how to get fake passports - but you'll be equipped to do things the legitimate way so you can live comfortably and not have to worry about being tied to a single country or currency in regard to your wealth. That sounds pretty cool to me.Pick up a copy of this book, it's well worth it and you'll learn a lot.
Mikkel Thorup touches on the most important aspects of pursuing a location independent life from essential considerations about tax avoidance strategies to structuring an offshore company to where to actually live if you decide to leave the country you've always called home.As someone who is highly drawn to an international lifestyle, I walked away with several actionable steps to more readily realize my dreams of location independence. Digital nomads will benefit from this book as much as aspiring expats.Thorup leaves the reader empowered to pursue a life as a citizen of the world. His concluding words are uplifting and make the single point that one needn't live in their country of birth just because one was born there. In our modern age, we have options.
Mikkel explained and debunked many myths associated with Expats lifestyle. By reading this book, I was encouraged and motivated to persue a lifestyle that I always dreamed of!He showed that you can create wealth, raise family, travel the world and make impact to the world while living outside your place of birth!I started listening to his podcast Expat Money Show and learned many useful information about building business as an expat. He has highly successful guests that proved that you can have amazing life outside your birth country!After this book my next destination is Thailand!
Mikkel does a great job of breaking down options for expats considering establishing residency and/or businesses abroad. This eye opening book will enlighten you to a world of opportunities that is available to you and your family.
A wealth of information for anyone wanting to live a life as an expat. Even if you are not a expat you can still get a lot of good advice. Excellent read and well worth the money. If you want to get off the hamster wheel then read this book.
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