How to Survive a Recession in 2025

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Apr 4, 2025

The discussion dives into the rising risks of a potential recession in 2025, breaking down five key indicators to watch. Experts emphasize the dangers of relying solely on one country or currency, urging listeners to think globally about wealth protection. Strategies like obtaining second residencies and diversifying banking options are explored to safeguard assets. Additionally, the complexities of tax residency in Indonesia and Southeast Asia are discussed, focusing on opportunities and incentives for expatriates.

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INSIGHT

Indonesia's Tax Residency Complexity

Indonesia, including Bali, is not a tax-friendly place for most expatriates.
The country applies subjective tax residency tests similar to some European countries, making tax compliance complex.

ADVICE

Avoid High-Tax Residency Traps

Don't go to a high-tax country and get caught in their tax system.
Work with advisors to eliminate ties to your previous country to become tax non-resident effectively.

ANECDOTE

Tourists Can Trigger Tax Residency

A non-U.S. citizen spent too much time working in the U.S. and got caught in their tax net.
Spending excessive time on tourist visas can trigger tax residency in various countries.

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Is the US heading for a recession in 2025? Experts say the odds are now 50/50, and the economic signals are getting harder to ignore. In this episode, Mr Henderson explains why the risks are rising and shares the five indicators that a recession is on the horizon.

Mr Henderson also reveals why relying on one country, one currency, or one system could leave you vulnerable and how those thinking globally are finding smarter ways to protect their wealth, their businesses, and their freedom. From second residencies and passports to diversifying your banking, Mr Henderson shares how to prepare for a recession before it's too late.

Nomad Capitalist helps clients "go where you're treated best." We are the world's most sought-after firm for offshore tax planning, dual citizenship, international diversification, and asset protection. We use legal and ethical strategies and work exclusively with seven- and eight-figure entrepreneurs and investors.

We create and execute holistic, multi-jurisdictional Plans that help clients keep more of their wealth, increase their personal freedom, and protect their families and wealth against threats in their home country.

No other firm offers clients access to more potential options to relocate to, bank in, or become a citizen of. Because we do not focus only on one or a handful of countries, we can offer unbiased advice where others can't.

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DISCLAIMER: The information in this episode should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.