Do This Before a Recession

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Although recessions are increasingly global, it doesn’t mean that all areas of the world are equally affected. There are always global pockets able to weather the storm without major incidents.

For example, Australia did not experience an economic setback in the Great Recession of 2008. Most people barely felt any economic disruption, given that the economy is very dependent on China.

If you broadened your horizons of who could potentially be your customer, you could have received an income stream from an area of the world which was virtually unaffected.

Perhaps in time, this lifeline might have even become the primary audience of your business. By not artificially shackling yourself to one specific demographic or area of the world, you have a better ability to find potential customers.

In this video, Andrew shares what you need to do before the recession.

00:00 Start
0:08 Response to Recession
3:14 What Do Governments Do in a Recession?
6:35 The Best Places to Live
9:22 Living in Singapore
9:54 Life in the Western World

The Nomad Capitalist is the world's most sought-after expert on legal offshore tax strategies, investment immigration, and global citizenship. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best."

Nomad Capitalist has created and implemented plans for 1000+ clients and helped them to go offshore, keep more of their wealth, and enjoy an unprecedented level of global freedom. Our growing team of researchers, strategies, and implementers add to our ever-growing knowledge base of the best options available. We've built our team around our holistic approach to serving the needs of globally-minded entrepreneurs and investors.

Our growing team of researchers, strategies, and implementers add to our ever-growing knowledge base of the best options available. In addition, we've spent years studying the behavior of hundreds of clients in order to help people get the results they want faster and with less effort.

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DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.