Nomad Capitalist Audio Experience

Why I'm Moving My Money to the Global South

11 snips
Nov 5, 2025
Discover why shifting wealth to the Global South is gaining traction. Banking in these regions offers flexible services and higher interest returns, along with emerging opportunities in countries like Malaysia and Georgia. Learn about the benefits of geographic diversification and the impact of Western banks withdrawing their operations. Explore how banking can unlock citizenship opportunities, and understand the dynamics of local versus dollar currencies. Plus, hear about modern banking perks that make overseas assets more appealing.
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INSIGHT

Why He's Choosing The Global South

  • Andrew Henderson is shifting wealth to the Global South because Western banks and currencies feel riskier and less rewarding.
  • He argues diversification into non-Western banks and currencies offers service, returns, and geopolitical hedges.
ADVICE

Start Small To Build Offshore Muscle

  • Open a small foreign bank account and buy an inexpensive property to build the muscle of holding assets overseas.
  • Test the process with modest sums before scaling to gain confidence and practical experience.
INSIGHT

Global South Banks Are Maturing

  • Banks in many Global South countries have strengthened, with regional players and well-capitalized buyers entering markets.
  • This shift increases perceived safety and expands viable places to hold deposits beyond traditional Western banks.
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