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255: CBI Shitstorm News

The Expat Money Show - With Mikkel Thorup
The Expat Money Show - With Mikkel Thorup
Episode • Aug 2, 2023 • 36m
Today we are going to break from format a bit, as it has been a crazy week in the expat world, with a ton of news breaking that affects a number of popular CBI programs. Unfortunately, none of it is good news. I'm not here to sugarcoat things but rather to deliver the truth of what is going on in the world so that you can make the best decisions possible on your expat journey. Tune into this special breaking news edition of the Expat Money Show, wherein I break down all of the changes that have occurred in the last week and how they will affect those looking to do citizenship-by-investment programs in certain countries. I also provide some insight into my experience working through a St. Kitts CBI for myself. Luckily, having completed my paperwork before these changes, I will most likely be unaffected by this. Enjoy the episode, and remember that the right time to act on your expat dreams is always 'ASAP.'  

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CONCLUSION

It wasn't fun to have to record this episode and deliver some tough news that is going to affect a lot of people who were in the process of working on CBIs in these affected regions. The best we can do is stay up to date on what is going on and plan accordingly. I emphasize to my clients all the time to "act now" because you never know when these programs will change or just end altogether. This week is an unfortunate real-life example of just that. See you next Wednesday!

Mentioned in this episode:

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This year, I’m taking a private group into the Amazon rainforest—then we head to Fortaleza and explore Brazil’s booming Northeast coast. Think Amazon river cruises, beachfront developments, and wide-open opportunity. From the heart of the rainforest to pristine beaches most people only dream about—this is bucket-list meets Plan-B strategy. If you’ve ever wanted to see the real Brazil and scout investments along the way, this is it. Go to ExpatMoney.com/Brazil.

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Every month, we offer exciting new webinars for our community. Topics include how to use retirement accounts to buy real estate overseas, how to get a second passport in Latin America, why you should sell your stock portfolio and move your money offshore, how to buy a beachfront rental property in Brazil for less than $100k, or apartments in Paraguay for $60k. If you want to join us for FREE for these presentations with live Q&A, insider secrets, and exclusive opportunities with my professional network of experts, then sign up today.

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