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Wealthy Nomads
Germany
เข้าร่วมเมื่อ 13 ต.ค. 2023
We liberate 9-5ers and help them become digital nomads through Nomadic Closing.
On this channel we give passive income ideas, talk about online business models and ideas that you can use practically. We are all about location independence, financial freedom and succeeding in all areas of life.
We believe that the digital nomad space is flooded with backpack brokies and freeloaders who make this whole journey less enjoyable. It is important to live this lifestyle with a purpose and it is certainly no fun to return to your home country because you can't sustain it long term.
We believe everyone who's committed can become a wealthy nomad, make money online and create an impact from anywhere in the world. We were not born rich, didn't figure out live by the age of 7 and most certainly didn't inherit anything.
We started just like you, in the boring 9-5, wanting to get more out of live and we still became "Wealthy Nomads".
And so can you!
On this channel we give passive income ideas, talk about online business models and ideas that you can use practically. We are all about location independence, financial freedom and succeeding in all areas of life.
We believe that the digital nomad space is flooded with backpack brokies and freeloaders who make this whole journey less enjoyable. It is important to live this lifestyle with a purpose and it is certainly no fun to return to your home country because you can't sustain it long term.
We believe everyone who's committed can become a wealthy nomad, make money online and create an impact from anywhere in the world. We were not born rich, didn't figure out live by the age of 7 and most certainly didn't inherit anything.
We started just like you, in the boring 9-5, wanting to get more out of live and we still became "Wealthy Nomads".
And so can you!
How To Legally Pay 0% Taxes As A Digital Nomad
🚀 Free Digital Nomad Webinar: go.nomadmentoring.com/RLsm
👀 70+ Experts Reveal Their Secrets: go.nomadmentoring.com/RLsn
🔥 Watch this video next: www.wealthy-nomads.com/30-day-nomad-challenge-launch
____________________________
Our other channels:
▶️ Samuel Peiffer: www.youtube.com/@SamuelPeifferOfficial
▶️ Manuel Krapf: www.youtube.com/@ManuelKrapf
💪 Do you wanna join our team?
▶️ Open positions: go.nomadmentoring.com/join-team
____________________________
Please note, this is not financial advice and is for informational purposes only. Always consult with a professional before making financial decisions.
________________
#digitalnomad #zerotax #digitalnomadlife
👀 70+ Experts Reveal Their Secrets: go.nomadmentoring.com/RLsn
🔥 Watch this video next: www.wealthy-nomads.com/30-day-nomad-challenge-launch
____________________________
Our other channels:
▶️ Samuel Peiffer: www.youtube.com/@SamuelPeifferOfficial
▶️ Manuel Krapf: www.youtube.com/@ManuelKrapf
💪 Do you wanna join our team?
▶️ Open positions: go.nomadmentoring.com/join-team
____________________________
Please note, this is not financial advice and is for informational purposes only. Always consult with a professional before making financial decisions.
________________
#digitalnomad #zerotax #digitalnomadlife
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I'm Itallian, I lived in the Dominican repuplic and Bulgaria, I love Potugal but I would love to move to de Nederlands which is not cheap. I've been there many times and I love them the country and their culture. What you think about it. Any suggestion?
777
Key take away - splitting up banking & taxes - business - personal - into different countries
Take away - looking into getting a USA credit card !!!
What a great concept - closing & helping others transform their lifes
The Boston tea party was over a one percent tax if you calculate all the taxes we pay its over 50 percent
That’s such a striking comparison, especially considering how much smaller the original tax was. Have you taken any steps in terms of optimizing taxes yet?
I had no idea flag theory was even a thing. This makes cutting taxes to zero sound way more doable than I thought. Which one of the 3 flags would you start with as a beginner?❔
I’m glad this sparked interest, and starting with one flag can make the whole process much easier. Are you currently considering any specific country for your first flag, or are you still exploring options?
The points and miles hack is insane! Can’t believe flying business class could cost less than economy. ✈
It really is mind-blowing how points and miles can make luxury travel so accessible. What’s the first trip you’d want to book with those kinds of rewards?
Never thought replacing my 9-5 could be this straightforward. Nomadic closing sounds perfect for making money while traveling. Great video guys! ☺
Glad you found the video helpful! How do you see nomadic closing fitting into your vision of a travel-friendly lifestyle?
Interesting, a tax-free iceberg 😂
Ain't sure if I got this right :)?
Interesting "business cases" to earn cheap flights. Does this also work with accommodation, hotels?
Yes, travel hacking can absolutely be applied to accommodations, especially with programs like Marriott Bonvoy or Hilton Honors. Are you looking to optimize for long-term stays or shorter, more frequent trips? Also to say... there are many more strategies and this video just presents one of them :)
I already am in a business where it is my goal to help my client to receive more added value, so they can deliver even more added value to their client. With nomadic closing I expect to multiply that in less time.
I love how focused you are on creating value for others. How do you think nomadic closing could make your work even more efficient and impactful?
Looking forward to becoming a Nomadic closer!
Exited as well to see you in the circle asap! Make it happen :)
Yes credit card points, but you have to have good credit correct? Take aways the airline site you showed 👍
You’re spot on, good credit opens up access to the top travel cards. Are there any specific credit cards or airline programs you’re most interested in exploring further? Also makes sense to have a proper credit score strategy in place. Most people don't even know about there's stuff like that. Anyways like that you enjoyed the vid :)!
Tax structuring correctly for the digital nomad project is critical .. the aha moment is the wisdom re having business and residency, bank accounts etc. in the optimal jurisdictions for each purpose
It’s great that this clicked for you, having a tailored structure really is the key to freedom and efficiency. What’s the first step you’d want to take in rethinking your structure?
I have always worried about the tax side of online side hustle in general. What are the best practices?! How could that work if my family traveled with me? What about moving costs? How do you guys go about that? What is your average cost of moving from country to country?
Great questions! Though, the answer is super unique and needs much more context of where you are coming from and how you want to plan your life. What is your current side hustle and how is that one going for you right now?
Vielen dank, all die Information die Sie mit uns teilen, ist einfach unglaublich! I would love to learn more about this card hack. I am worried about my credit score because opening and closing cards each year hurts your credit. How can you work around that? Do I have to be traveling?
Thank you so much for your kind words! There is an entire strategy arsenal to that too. Would you be interested in knowing more about that?
This is amazing. I would love to be able to work from anywhere, especially because my family is constantly moving due to the military. This would give me job stability and I am doing something I love.
It’s amazing how well this aligns with your situation, and the stability it offers is such a game-changer. How are you handling this currently?
It's good to get people thinking about ways to limit income tax. Unfortunately, US citizens pay taxes regardless of where they choose to live. However, there are legal ways to limit the tax. If you live outside the US for a certain percentage of the year, the first $120K earned is exempt from tax. You can also claim a portion of foreign housing and foreign income tax as deductions. Be sure to have a tax pro check everything. The amounts and percentages can change!
It’s great that you’re aware of these exemptions and deductions. Are you currently utilizing any of them, or planning to in the near future?
Thanks. Signed up for Revolut just now.
Great! Taking action like that gonna get you far with this. What's the first expense you gonna move there?
Sounds like your course will be very helpful for anyone wanting to do this!
I’m glad you think so! Are there any specific challenges you’d hope the course would help you overcome?
Their head movement is like AI
Thanks man, means we can soon use AI to do our videos and the effect would be the same :) Also seems like you are an expert in how to present yourself in front of camera - would love to see one of your videos (can you link me one) so maybe we can learn something there. Cheers man :)!
@Wealthy_Nomad But that's sad. That means you have to rely on AI instead of your own talents. AI is slowly taking over and content creators like you aren't even trying to fight it to stay relevant. That's sad.
@Wealthy_Nomad Most people would rather support real content creators than support AI. Just saying.
This is such an informative video. I did not know about USA's non-income tax. I am definitely excited to find out more about your course and how I can start living a tax-free, stress-free, boss-free life! It has never made sense to me that I am giving away 20% of my earnings every year, when I have done 100% of the work! And I am still lost as to where exactly my money is going, especially with the cost of living crisis in this country and people having to go to food banks etc.
Your perspective is so relatable, especially with the frustration of not knowing where your taxes go. What’s the biggest question you have about transitioning to a more efficient tax setup?
I'm really grateful for the knowledge that I can use a Revolut debit card instead of taking out a credit card with huge down payment or massive monthly fees. Thank you for this!
I’m glad the information was helpful, and using a Revolut debit card is a great alternative to traditional credit cards. What’s the first way you’re planning to take advantage of its features?
I love the fact that you can live the life you want without having to sell. I am not a salesperson but I am very much someone who cares about helping people better themselves. One of my close friends is a coach with the same sort of mindset as me and she is doing so well. I am interested to hear more about the whole concept of nomadic closing and how it can help me and my family travel the world as this is something I am very passionate about. I started my own travel company in order to do this and teach my children about the beauty of this planet and how to keep it that way through regenerative travel methods. Excited to learn more from you guys!
Your passion for travel and creating a better world for your kids is so motivating, and nomadic closing could be a great addition. How would you implement this => into your current projects or partnering up with a coach like your friend?
awesome video! The main take away: you guys are going to launch a course/coaching program regarding the Flag-theory! I've been waiting for this!!!! Let's gooooo
Love the energy! We can’t wait to share more about the program. What’s one area of Flag Theory you’re most curious to dive into?
@@Wealthy_Nomad How to pay 0% taxes on the business. Personal income tax is just something I have accepted.
Thanks for the info. Diversification to receive benefits of residency, $0 tax and bank that is stable, that won't shut your account down or not be inaccessible if you leave the country to be a nomad. Provide a source of income to start this life to get out of the matrix and receive support to start this journey🤯. Loving the content. Can't wait for day 4!
Happy to hear this resonated with you! What part of the journey (residency, taxes, or banking) .. are you most eager to tackle first?
Flat theory is a great idea diversify! 🎉
Flat theory opens up so many opportunities for global freedom and optimization. Which part of the concept resonates with you the most?
Thanks for the video on best ways to earn and use points .
The seats aero was a good takeaway.
Have the right tools at your disposal before you start building ;-)!
Thanks for watching! Which points-earning strategy stood out to you the most?
It’s definitely a needed topic about taxation , I don’t believe if your a US citizen that there is any way to prevent paying taxes? Also what if you want to live in a specific country you feel called to and not one just for the tax laws?
Agreed. This doesn't seem to apply to US citizens. Yet we let everyone else gain tax free benefits. :( I would be curious too if there are any tax advantage options for US citizens.
Great point, and while US citizens do face unique challenges, there are strategies to optimize taxes while staying compliant. What country are you most drawn to, regardless of the tax rules?
It’s true that US citizens face unique challenges, still there are proper and legal strategies out there. Would you be open to exploring these kinds of options?
Hey! Thank you for your explanation. I think achieving freedom of time, location-free, where you help people's lives while earning an income through closing, makes it an awesome way to live. You can learn this all within 30 days with the right focus and strategy? Count me in!
Absolutely, it’s such an exciting opportunity to combine freedom, purpose, and income through nomadic closing. What’s the first thing you’d want to focus on during those 30 days?
That is cool I will look into the cards! Thanks
Awesome :) Do you already have any specific cards in mind, or are you just starting your research?
Chase points! I did this years ago and forgot about it.. going to start researching cards again! Being in Canada, I felt limited, but also going to look at revolut
Sounds like a solid plan .. researching cards again can open up so many great options. Have you come across any Canadian cards that seem like a good fit for your goals?
The curse of knowledge! I tend to overcomplicate things once I know it.. time to go back to a Beginner's mindset 🌟
Great insight :)! Will boost clarity by a lot for the other person. Have you ever thought where else you could apply that in your daily communications?
Watched this twice very interesting hearing about the credit cards and also about Revolut thank you
Glad you found it interesting, learning about tools like credit cards and Revolut can open up so many possibilities. What stood out to you the most about Revolut or the credit cards mentioned?
8:40 I liked the whole concept of closing and the fact that it’s not selling in the traditional sense but helping people. Thank you
That’s such a great insight, reframing closing as helping people really changes the way we think about it. How do you think this approach could work for you?
I love teaching...but I'm so ready to become a digital nomad. It's past time to live the life I have always wanted. Remote closing defiantly sounds good.
It’s inspiring to hear how ready you are for this change, and remote closing could be a great way to make it happen. What excites you most about the digital nomad lifestyle?
Awesome video guys! Being just out of debt I don't think credit cards are good! but I get that it can help some people. I personally don't think using credit cards improves your life. Already have a revolut card because I'm getting paid in 3 currencies and crypto. Looking forward to the next vid
Thanks for sharing your thoughts, and congrats on being debt-free. Great milestone :)! How have the options with debit cards been playing out for you so far?
@@Wealthy_Nomad Well, you don't have a lot of bonuses. But you can track/budget your money easier as it enters and leaves your account. I think particularly that the point system is rigged cause the credit card company has to make money somehow and the Intrest rates on Amex cards are insane IMO. But might just be because I'm not very well educated in that space.
Key takeaway: Chase credit card reward points. Bonus: US cards advantages and using that for your ads expenses. 🤔 What are the fine prints? Especially with US credit cards, especially as non-US resident?
Leveraging U.S. credit cards for rewards, especially for advertising expenses, can be highly beneficial. Fine prints always depend on the specific card issuer/provder, no general rules. But for sure you have to understand the "rules of the game" in the US and "play" that game. More on that to come :)! What's your current card stack? Or what have you been using so far?
@ I'm not at all playing that game. Using Revolut with the most basic card. I saw the RevPoints a long time ago but didn't activate it… and I didn't thought about that anymore and spent tens of thousands lately, doh! 😞
Key takeaway: Become a closer for coaches. I love also what you said about choosing the right coach and that therefore closing becomes helping these prospects. 🤔 How to find coaches with high-ticket programs that are looking for closers? And how to convince them you are the right closer for them, while you never did that?! How can I check if I could be a good closer?
Great takeaway! By focusing on finding the right coach to align with makes closing feel more like helping than selling. Your question will be answered in a future video. Keep your eyes open for the next one being published :) By the way.. have you thought about which niches or types of programs resonate most with you?
@ No idea! Especially as I've no idea what exists, which ones are available. But I'm sure you'll talk about that too, soon 😉
Get a credit card with good travel rewards and pay for as many expenses as you can on the card to get free travel. Also always pay the balance in full every month so you don’t go into debt.
That’s excellent advice, especially about paying off the balance to stay financially healthy. What destination would you use those rewards to visit first?
Biggest takeaway is that if you give yourself 30 days to clean your house it will take you 30 days. So setting a goal of 30 days to learn a new skill is all about mindset.
Realizing how mindset shapes our productivity can be a game-changer. What’s one skill or goal you’ve been putting off that you’d commit to for the next 30 days?
Great takeaway .. how to fund your digital nomad lifestyle by paying for it with credit card points systems .. a true virtuous cycle!!
I love how you’re thinking about this, turning credit card systems into a way to sustain travel is such a clever strategy. What kind of expenses do you think would earn you the most points?
Great takeaway .. remote closing is the perfect lucrative side hustle for the digital nomad lifestyle .. align yourself with a coach in sync with your values and assist them to grow their business from anywhere on the world!
I love how you captured the freedom and purpose remote closing offers.. it’s such a great fit for the nomad lifestyle. Where do you see yourself working from as you help grow a coach’s business?
Wow to use a credit card to pay for your daily expenses, receive points to travel and have bonus points if you spend $4000 in the first 3 months to receive a bonus 60 000 points or use debit card that rewards you if you are not comfortable with debt. Thank you for sharing best airline app to book flights. So many mind blowing takeways for a newbie looking for a solution for freedom to travel and live a better life for myself and my girls.
That’s such a thoughtful takeaway, and it’s amazing to see you taking steps toward a better life for yourself and your family. What’s one thing you’re most excited to do once you start traveling?
Love the content. Hadn't thought about digital closing. Thank you ☺️
I’m happy the content resonated with you, nomadic closing opens up so many possibilities. How do you see it fitting into your goals or lifestyle?
Amazing tips, I never thought of putting some of those monthly expenses on a card. Thanks so much!
That’s a great realization, putting monthly expenses on a card can really add up in rewards over time. What’s the first expense you’d consider shifting to a card?
Thank you for amazing tips how to collect points. Also didn’t know we could get a US card from another country. Great amazing info. Greatly appreciate it.
I’m so glad you found the tips helpful, and yes, getting a US card as a non-resident can really open up new opportunities. What’s the first thing you’d use your points for?
So my take away from this video is to pay for everyday expenses in order to generate reward points to be used for airline flights and/or hotel stays. You can also take advantage of card bonuses, such as spending a certain amount over a period of time in order to earn points. This depends on the promotion being offered at the time!
I love how you captured the essence of maximizing rewards through strategic spending-it’s a great way to make your money work for you. What kind of trip would you want to plan with the points you earn?
Sounds like the ultimate freedom business that goes with you anywhere you want to go.
A great way to put it, having a business that travels with you truly represents ultimate freedom. Where’s the first place you’d love to take this kind of business?