Release Your Inner Expat!

This article was published in the Escape Artist Weekly Newsletter on June 08, 2018. If you would like to subscribe to the newsletter, please click here.

Hello readers,

Thank you so much for helping us out with planning our very first Escape Artist conference! Your contribution to our survey gives us a great idea of what the event will look like, what we will discuss, and how many of you would like to attend. We are excited to announce that the dates and city of the conference have been decided!

Save the date for December 1st and 2ndand book your trip to Dallas, Texas, to meet all of your favorite escape artists!

Want to join us? Contact me here. If you would like to reserve your spot, please send me a message and I will personally send you the official invite when it is finalized over the coming weeks. There will also be a 10% discount for anyone who reserves a spot in the month of June. Seats are limited, so act now!

If you’d still like to share your ideas for the conference, you can fill out the survey here!

I would also like to invite you to another upcoming conference!
This one will be held in sunny Ambergris Caye, Belize.
Click here for more information on the 2018 Crypto Conference.

In this week’s Round-Up, I have gathered some of the most interesting news from around the world. We’ll find out how much it costs to live in popular expat cities, which country just took a big step forward in women’s rights, and read about a man who hopes to swim across an ocean!

Also, if you haven’t seen the new Escape Artist layout, make sure to check it out today!

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Expat Life isn’t Always Cheap!

As you probably know, becoming an expat has a lot of perks. Many popular expat locations offer better climate, an accepting culture, great food, exciting nightlife, and an ideal cost of living.

If you are one of the many who is hoping to find a new home abroad with a high quality of life at a lower cost, it’s important to know what you are getting into. UBS has put together a ranking of 11 popular expat cities and how much they will cost each month to live:

    1. Geneva, Switzerland: $6,326.73
    2. Brussels, Belgium: $6,159.22
    3. Dubai, UAE: $5,856.99
    4. Frankfurt, Germany: $5,315.26
    5. Hong Kong: $5,306.12
    6. Amsterdam, Netherlands: $5,185.62
    7. Toronto, Canada: $5,077.28
    8. Sydney, Australia: $4,779.12
    9. Santiago, Chile: $3,960.56
    10. Bangkok, Thailand: $3,443.51
    11. Buenos Aires, Argentina: $3,230.90

If you need more information about living abroad, don’t hesitate to check out our Live and Retire pages on Escape Artist. There, you can find your new home in low-cost destinations such as Belize and Nicaragua!

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A Big Step Forward in Women’s Rights

Ten women in Saudi Arabia were issued a driver’s license after years of a ban on female drivers in the country. Laws in the country previously required a man’s permission before women could make several types of decisions and take many actions, including driving. On June 24, the ban will end completely.

This is a major win for many women’s rights activists who were fighting against a recent crackdown. The success did not come easily, as many of the activists have been arrested.

Over the next weeks, there will be an additional 2,000 women with a Saudi license. Women’s rights activists are looking forward to women having the freedom of independence.

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A Light Swim

This week, French swimmer, Ben Lecomte, set off to swim across the Pacific Ocean. The 5,500-mile swim will take the man six months, swimming eight hours each day. During his trip, he will have to risk run-ins with sharks, jellyfish, and bad weather.

The journey will begin in Japan and end in San Francisco, on the west coast of the United States. If he succeeds, Lecomte will become the first person ever to swim the distance of the Pacific Ocean.

Ben isn’t shy of a challenge like this. Years ago, he was the first person to swim alone across the Atlantic, a 4,000-mile swim. He swam it in 73 days!

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Not Your Average Weatherman

Think about your dream job. Does it exist? That shouldn’t stop you!

James Van Fleet is the world’s first cruise line meteorologist. Royal Caribbean International is the first line of its kind to hire a Chief Meteorologist. Van Fleet is known for his work as a television meteorologist and will now be joining Royal Caribbean to advise dozens of ships with a fleet-wide weather report.

While his reports will be used to help captains make wise decisions, the responsibility will ultimately remain with those manning the wheel. The idea of a fleet-wide forecast service was sparked by a recent incident where a ship and its passengers were caught in unforeseen hurricane-force winds. Luckily, everyone was okay.

Adding James to the team will be a proactive approach to avoiding similar situations.

So, the next time someone tells you your dream job is impossible, let them know that even in 2018, new jobs are being invented every day.

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UAE Scores Another Visa-Free Win

Last week, I reported about UAE citizens being granted visa-free travel to Canada. This week, Emiratis have also been approved for visa-free travel to Brazil!

Starting June 2, UAE nationals can enjoy Brazil’s natural and cultural splendor for 90 days each year before having to apply for a visa. With this agreement, Brazilians will be able to visit the UAE without a visa as well.

With this unfolding, a UAE passport is strengthening as one of the most powerful, globally, ranked 14th in the world. Emirati passport holders can now enjoy visa-free visits to 151 countries.

Beginning July 1, UAE citizens will also be able to travel to Barbados for 90 days without a visa.

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Thank you for reading this week’s round-up! If you’re interested in learning what it’s like to become an expat, don’t hesitate to ask some questions. At Escape Artist, we aim to ensure that your travels abroad run as smoothly as they can.

Whether you are planning on living, working, retiring, or investing overseas, Escape Artist can help you every step of the way. Don’t forget to check out the eBook store for the 2018 Expat Tax Guide and our wonderful country guides!  

For more information on what’s going on in the international scene, check out some of this week’s newest articles!

Conderence

P.S. Do you have questions about how to live abroad and what the experience is like? Are you looking for international investment opportunities? Want to meet like-minded people who are in the same boat as you? Come hang out with other EA readers and the Escape Artist staff! We will be hosting an event this year and can’t wait to meet you!

Click here to find out more information and to stay in the loop on locations and dates! It’s important that this event be exactly what YOU want – no alternate agenda or product pitches! This is about answering YOUR questions!

In order for the event to be a success, take a second to fill out this survey. By sending us your thoughts, you can tailor the event to your specific overseas needs. We will also be supplying a 10% discount during registration to everyone that filled out the survey to make the event possible!

See you there!

Countries That Have Banned Bitcoin

There’s no doubt that we’re in the middle of a cryptocurrency revolution. Many countries around the world are beginning to understand the value that cryptocurrencies offer to their economies and have set laws to regulate it. The mainstream adoption of cryptocurrencies, especially Bitcoin, has already happened, and those who refuse to see it will be left behind. There are still some countries that see cryptocurrencies and Bitcoin as a threat to their economy. Here’s a list of countries that have banned Bitcoin:

Kyrgyzstan

Kyrgyzstan has banned the use of all forms of cryptocurrencies as a payment method in the country, including…

Read more…

Countries are Using Malta to Expand Their Cryptocurrency Business

A recent study has shown that a number of cryptocurrency exchanges are using the small European country of Malta as their jurisdiction of choice – as their country of licensing and as a means to facilitate transactions involving cryptocurrency. Some Malta exchanges see over a billion dollars traded each day, so these are big-time players.

The reason many exchanges started looking to Malta might be because of the strong investment that Binance made in the island. Binance is one of the largest cryptocurrency exchanges in the world. Recently, they made an announcement to change their legal headquarters to Malta, taking advantage of the incentives that come with moving your business to the European Union.

Malta has warmly welcomed Binance, which hopes to…

Read more…

How to Become a Mexican Resident

In recent years, Mexico has seen a surge of people from all over the world applying for residency. No matter what President Trump says, Mexico is the number-one second residency program in the world, based on the number of applicants. Here’s how to become a Mexican resident:

If you want a second residency, and you’re a U.S. citizen, becoming a resident in Mexico is quite easy.

Whether it’s an American who wishes to retire in the sandy beaches of Tulum, a European who wants to live in the colonial town of San Cristobal de las Casas (one of my favorite towns in all of Mexico), or an entrepreneur setting up in the financial capital of Mexico City, here’s how to become a resident of Mexico:  

Mexico’s stable economy and…

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Top 10 Most Powerful Passports in the World

What makes a passport powerful? There’ve been two large reports released recently, each judging the ranking from most to least powerful based on different factors. The Nomad Capitalist Passport Index ranks 199 countries in order of most to least powerful passports based, not only on how many countries a passport holder can enter visa-free, but also on “international taxation, perception, dual citizenship, and personal freedom.”

Then again, the Henley Passport Index of Henley & Partners Holdings Ltd. also had its own ranking system, in which it only looked at the number of countries a passport holder can enter visa-free. Naturally, these two indexes brought about different results. A few countries can be…

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Argentinian Bank Starts to Use Bitcoin

Bitcoin fever is not what it used to be. The value of Bitcoin has been falling in the last months, and more and more users are starting to look at new coins to invest in, as they don’t see that Bitcoin will ever reach the high it experienced last December. I view this, and Bitcoin finding stability and a reasonable price, as a good thing for those of us in Fintech.

Still, you can’t deny the immense contributions that Bitcoin made for the world. While continents like Europe and Asia embrace Bitcoin and other cryptocurrencies as investments instead of cash, there are still some countries struggling to find a place and purpose for it.

Latin American countries have been slow in…

Read more…

This article was published in the Escape Artist Weekly Newsletter on June 08, 2018. If you would like to subscribe to the newsletter, please click here.