World News You Missed This Week

This article was published in the Escape Artist Weekly Newsletter on August 24, 2018. If you would like to subscribe to the newsletter, please click here.

Hello readers,     

The workweek is wrapping up, so it’s time for our Weekly Round-Up, filled with our favorite news stories from around the world. What has this week brought us? Read on to find out!

We are witnessing a change in our Earth as temperatures rise. Read on to discover how the warming Arctic could be benefiting one European company. We’ve also found the best job offer ever! You’ll just have to move to the Maldives. We also have the best destination for thrifty travelers this fall and some tips on how you can travel the world for less.

Also, if you haven’t yet, don’t forget to register for our very first conference! Details can be found below.

Just like every Friday, the newest Escape Artist content can be found at the end of this newsletter.

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As Temperatures Rise, Shipping Costs Drop

Once considered inhospitable, the Arctic may soon be the latest route for the world’s largest container line. Maersk hopes to burn through the Northern Sea Route as temperatures rise in the Arctic.

The Denmark company plans to test out a trip on or around September 1 of this year to see if the route is feasible. This trip could be a turning point for shipping in the future. Previously, conditions were too harsh for the liners to pass, but over the past ten years, international shipping companies have thought about exploring the area. If the area is accessible, shipping could be faster and less expensive.

We have seen some major changes happening to our planet in regards to climate. What’s the craziest change you’ve witnessed?

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Europe on a DIme

Summer is due to end and autumn is just around the corner. You may be looking for a great getaway during the lower temperatures before the holidays take over. Travel doesn’t have to be expensive.

According to the Post Office Travel Money “City Costs Barometer,” Belgrade could be the European trip for you. The Serbian capital is the least expensive in Europe for a fall weekend trip. To get to Belgrade, you could pay as little as $192, and just $42 for a dinner for two.

If Belgrade isn’t for you, Krakow, Poland, took second place and Vilnius, Lithuania, took third.

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Calling All Bookworms!

Do you want to explore the world but can’t get your nose out of a book? How would you like to share your love of books with visitors on a tropical island? You can with the Ultimate Library.

The Ultimately Library, founded by Philip Blackwell, is choosing lucky book lovers to work in the Maldives to manage a bookstore in the Soneva Fushi, a luxury resort. Blackwell is looking for creative, inspiring individuals looking to share their love of reading with visitors on vacation.

Books in the store include reads about the local environment and other titles that could interest celebrity guests and wealthy travelers.

Along with managing the bookstore, the lucky chosen will be asked to teach creative writing classes, engage with children, and write a blog that captures the life of an island bookseller.

If you didn’t think a dream job existed, think again.

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On a Budget?

Speaking of inexpensive European travel, Primera Airline may be your best bet for your next trip. The Budget airline has announced new routes and some $149 fares.

Trips to Brussels from Boston, Newark Liberty, and Washington Dulles have been announced starting in May 2019 and June 2019. Primera Air will also fly to London and Paris from these same cities.Consumer Resource Guide

Along with the three new routes, new flights to European cities will begin at $149 one-way from selected U.S. cities.

Travel is for everyone. Many people believe that travel is expensive and only for those who are wealthy. Don’t let that mindset ruin your dreams! With discount airline and digital nomad opportunities around the world, no one should be limited to their own backyard.

Start your journey with Escape Artist today!

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We Can’t Wait to Meet You!

December is just around the corner! You don’t want to miss out on the first expat conference made for you, by you!

We have received so much great feedback and help in planning the 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 location of the conference have been decided!  

Mark Your Calendars 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!

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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!

Europe’s Golden Visa Programs

In this article, I’ll look at the most popular residency and second passport option in 2018, Europe’s Golden Visa Program. If you want to live and work in the European Union, and you have the cash for a sizable investment, Europe’s Golden Visa Program is for you.

And, of course, citizens of other countries are looking for second passports. The top buyers are from China and India, with the United States coming in third. Chinese nationals put a great value on Europe’s Golden Visa Programs and the demand is strong.

Citizens of China and India buy into Europe’s Golden Visa Program because…

Read more…

How to Invest Your IRA in Foreign Real Estate

In this post, we’ll look at how to invest your IRA in foreign real estate. That is real property outside of the United States, including a rental property, commercial property, raw land, and non-traditional high yield investments such as timber. Here’s everything you need to know to invest your IRA in foreign real estate.

First, let’s consider which IRA and 401k accounts can be invested in foreign real estate. Only a “vested” account can be…

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How to Live Tax-Free as an American

Here’s how to live tax-free as an American. If you’re willing to live, work, and invest abroad, it’s possible to live tax-free as an American – legally and without watching over your shoulder for the tax man.

First, note that this article is for U.S. persons willing to live and work outside of the United States. It’s definitely NOT for…

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What We can learn from Mitt Romney’s IRA

Mitt Romney is expected to win the race for a Senate seat in Utah and could end up becoming one of the most powerful players in the United States Senate. Mr. Romney is a former governor of Massachusetts and ran for president in 2012 but lost to Barack Obama. With all of that said, the most interesting thing about Mr. Romney is his IRA account.

Estimates of Mr. Romney’s IRA account are as high as $101.6 million depending on who you ask. No matter the exact number, let’s agree that this is damned impressive considering the…

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U.S. Regulators to Issue First Federal FinTech Bank Licenses

U.S. Federal regulators have begun issuing Federal FinTech bank licenses on a very limited basis to the most qualified applicants. I suggest that only the very largest FinTechs will be approved for the Federal FinTech bank licenses, at least in the next year or two. The purpose of the Federal FinTech bank license to allow companies like PayPal and eBay to get a national license rather than separate licenses in every state.

With a Federal FinTech bank license, the company will be allowed to cash checks, lend money, and hold deposits. This license is limited in…

Read more…

This article was published in the Escape Artist Weekly Newsletter on August 24, 2018. If you would like to subscribe to the newsletter, please click here.