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The Expat Money Show - With Mikkel Thorup

304: Expat News: Bukele’s Bitcoin Bank, Portugal Shuns Expats, & Milei’s Record Surplus

Jul 3, 2024
34:44
A Bitcoin bank in El Salvador? That's the headline that sits atop this week’s Expat News, the third edition in this series, where I analyze the latest news affecting the expat world. We've had a lot of really great feedback about this new segment we're doing on the show, so I do plan on making this a regular aspect of the show, so enjoy today’s Expat News!  

TODAY’S EDITION OF EXPAT NEWS:

  • Listen in and get my take on El Salvador President Nayib Bukele’s place to create a “Bitcoin bank.”
  • Learn about Portugal’s “brilliant” new housing policy, which is primed to scare off expats.
  • Is Javier Milei really turning Argentina around? Argentina’s reported record surpluses seem to suggest that he may be seeing some success on the economic front.
  • Could Turkey become the next expat crypto hub? Hear me dissect the recent announcement that the country will exempt profits from cryptocurrencies from taxation. 
  • Discover which Caribbean nation is raising its CBI prices, as I have been warning about for some time. 
  • Should there be concern over Mexico’s newly elected socialist President, Claudia Scheinbaum? I’ll examine her policies and how they could affect expats in the country.
  • Uncover which Latin American country I am definitely not recommending for expats, particularly considering recent political events in that country.
  • Lastly, we’ll look at the recent plea deal that freed heroic journalist Julian Assange.

LET ME KNOW WHAT YOU THINK!

How are you enjoying these “Expat News” segments? Visit the Expat Money Forum, join our community, and let me know your thoughts!  

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RELATED EPISODES

299: Expat News: Panama's New President, Millionaires Fleeing The US, and Malaysia's Hilarious Visa Flop 287: Expat News: Canadian Exodus, Panama's Visa Boom, & El Salvador's Pricey Citizenship 282: Are We Headed Towards World War 3? - Ron Paul  

CONCLUSION

I hope you enjoyed this third edition of Expat News. A lot goes into these episodes, from sourcing the articles to laying out my thoughts and forming my opinions, but I really enjoy doing them and will continue to do these regularly so long as interest remains. Hopefully these help to keep you informed about everything affecting expats in this rapidly-changing world. Are you a fan of these expat news episodes? Be sure to let us know, and I’ll see you back here next Wednesday.

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I have great news. After many meetings and explanations, the Panamanian government has agreed to keep the Investors Visa at a $300k Real Estate investment instead of nearly doubling the amount required, as they said they would. This is a massive win for our community who wants to move to or invest in Panama, but I am not sure how long this will last… If you have been thinking about Panama, then I want to make an invitation to you today. Come join me for a special four-day tour to see if the country I call home is right for you and your family. We have just released the next set of trip dates. You can find out more at ExpatMoney.com/fly. Come visit me and the Expat Money team, get a feel for the country and see if Panama makes sense for investment or as a new home.

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Join Us For Upcoming Live Webinars

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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