Invest Internationally

In today’s world, investing in another country is easy.

Well, for stocks anyway. That’s less true for real estate, outside of REITs.

But you get the idea: when one country’s politics get hairy, you can simply invest more money in more stable ones.

For that matter, you can move there yourself.

Form a Contingency Escape Plan

Having lived overseas for ten years, I can tell you right now that there are plenty of easy, fun places to live around the world.

And yes, they have great healthcare, and yes, they’re safe.

You don’t need an expensive golden visa or citizenship by investment program. You just need a digital nomad visa: you prove you have income from another country, and they let you move in.

Here’s a list of 73 countries with digital nomad visas.  I’ve  lived long-term in three of them (the UAE, Brazil,  and Peru). And I’ve lived short-term in others (Italy,  Czech   Republic, Argentina).

Granted, most digital nomad visas only let you stay for  1-5 years. After that, you’ll need to apply for long-term  residency (or move somewhere else).

Sometimes right-leaning friends ask me “What happens if a socialist administration takes over and doubles tax rates?”

Sometimes left-leaning friends ask me “What happens if the current administration makes the US an authoritarian country?”

My answer to both is “Then my family will vote with our feet and leave.” It’s that simple.