Is El Salvador Ready for Expats? Expat Money Show ’s Honest Take | Mikkel Thorup
Live from Bitcoin Beach in El Zonte, El Salvador, I sit down with Mikkel Thorup, an expat consultant who helps high-net-worth families relocate to new countries. Mikkel's been traveling the world for 25 years and is an expert on finding the best places to live for those looking to escape high taxes and enjoy more freedom.
In this episode, we dive into Mikkel's recent visit to El Salvador. He shares his thoughts on the country’s progress, especially with Bitcoin adoption and improving safety. But is El Salvador ready to become a go-to spot for expats? Mikkel opens up about what excites him and what still gives him pause.
We also chat about Mikkel’s broader work, including his off-grid community project in Panama that's all about freedom and self-sufficiency. Mikkel is optimistic about El Salvador's future and is keeping a close eye on the country as it continues to develop.
If you're curious about what it takes to move to a new country and want to hear an insider’s perspective on El Salvador’s potential, this episode is for you.
- Mike
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Browse through this quick guide to learn more about the episode:
00:00:00 - What are the best countries for North Americans to relocate to for a better lifestyle?
00:01:09 - Why is Mikkel Thorup exploring expat opportunities in El Salvador?
00:02:28 - How does Mikkel Thorup help families relocate and manage investments overseas?
00:04:10 - Is El Salvador a good place for expats to move to after adopting Bitcoin?
00:08:42 - What are the biggest challenges for expats moving to El Salvador?
00:14:04 - What can El Salvador do to attract more foreign Bitcoin investors and expats?
00:26:45 - Why is Mikkel Thorup cautious about recommending El Salvador to his expat clients?
00:30:24 - What makes Panama an ideal off-grid community for Bitcoiners and freedom-minded people?
00:38:36 - How does Panama compare to El Salvador in terms of expat services and customer service?
00:47:02 - How does Mikkel Thorup’s private consulting service help families relocate?
Live From Bitcoin Beach