This week on the podcast we are excited to be talking with Simon from Freedomsurfer.com!
Simon is a location independent entrepreneur who has been traveling the world non-stop since 2012, running his businesses remotely. For Simon, traveling full-time was never a goal and he was living a stable life in Canada, working in finance, until he found a radio show about how living as a nomad can your taxes. He fell down the wormhole and has been traveling 12 months a year since then!
On the show, we find out more about Simon's travel journey and learn more about some of the options digital nomads have to secure more of their income.
We also get into detail talking about residency and taxes and banking, so if that is not your area of interest, this may not be the episode for you.
In this episode:
* The round-about journey that led Simon to buy a one-way ticket to Singapore and traveling full-time
* What the process of changing your residency is like
* What does "planting flags" mean when you're talking about residency and tax optimization
* Having a different country where a business is based, where your banking is based, where your personal residency is, where you spend your time, and where your a citizen of
* Why Simon felt motivated to collect all the residency, visa, bank, business, and tax information from so many countries to create freedomsurfer.com
* Where Simon bases himself, his businesses, and banking
* How Simon decides where he wants to go and how much time he wants to spend in each place
* How traveling helps you discover more and more places you want to travel
* Since he has spent so long traveling, does he ever crave moving back home and going back to a stable, more normal life?
* Simon had also recently been spending time in Hong Kong through the fall, so we checked in with him about what it has been like during the period of protests
* Is traveling and going nomadic for tax benefits something that makes sense for freelancers? Or is it only advantageous for traders and finance professionals
* For people interested in changing their residency, what are some of the best countries to explore?
* How people that aren't from the US can take advantage of US Credit Cards that give a lot of travel benefits
* What Simon's upcoming travel goals are
* Follow Simon and IG at simon.around.the.world
Music Credit: Bensound.com