Showing results for tag "malaysia"
If you're a serious entrepreneur and looking to form a tax efficient company, Labuan might be the place for you... especially if you trade across Asia.
If you've been following International Man for some time, you know that we advise internationalization on all fronts - assets, income and person. While it can be relatively easy to move some assets abroad (although, less so by the day for Americans), it is understandably more difficult to move one's self abroad. And even more so to move one's family. Today we chat with an entrepreneur who left America for Costa Rica in 2009, and did so with his wife and kids in tow.
Last week we introduced you to Michael G. Hines, an educator living in Bangkok. As Michael noted, teaching English in Asia is a great way to get one's foot in the door, as nearly all the countries will issue a work visa. Then it becomes much easier to pursue residency. Today, Michael continues his tour of Southeast Asia as he covers the basic requirements needed to get residency in Malaysia, the Philippines, South Korea, Thailand, and Vietnam.
Many of our readers will know that best-selling author and renowned speculator Doug Casey inspired this project (in fact, it's based on his International Man book by the same name first published in the late 70s). Doug was one of the earliest modern advocates of internationalization - both as a way to generate wealth but also to enjoy a more interesting life. It's a point he has made many times over the years whenever someone complains that there aren't enough opportunities around him. It's a lesson that especially applies to young people as they are in the unique position of having limited connections or commitments at home.
While Mark Svoboda and his wife "spent an incredible few years in the US", both feel that it is time for them to find their next America - a place that values personal freedom and offers economic opportunities.