Rob discusses the importance of diversifying residency and building a global safety net. Drawing from his personal experience of obtaining temporary residency in Mexico, he emphasises the need to have a backup plan in case of unforeseen events or challenges in one's home country, and explores various ways to obtain secondary residencies or passports, such as through financial means, marriage, or ancestry.
"Having a Mexican residency, or temporary residency, I should say, having that now is crucial."
"What if something were to happen in the UK? Going back to our geography, we're in the middle of some global superpowers."
"I hate being taxed. I absolutely despise being taxed. You probably do too. Why? Because at the same time, we're in a situation where we've got tax, tax, tax, tax, tax."
"It's crucial to have plan B. If you've got it for business, you need it for life." VALUABLE RESOURCES
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ABOUT THE HOST
Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s.
Property FAQs = https://amzn.to/3MWfcL4
Buy To Let: How To Get Started = https://amzn.to/3genjle
101 Top Property Tips = https://amzn.to/2NxuAQL
WHERE TO FIND US