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Important Things to Consider when Investing Overseas

Get personalized advice about tax, asset protection, offshore banking, residency, and citizenships: https://clarity.fm/michaelrosmer You can visit our websites for more information about us: https://offshorecitizen.net & https://www.offshorecapitalist.com Today we are going to discuss international investing. Should you consider investing overseas? How to find the best investments? Lately, I've been talking to lots of my clients about this topic. One thing that people tend to overlook is that it's extremely important where you're from when investing abroad. Depending on this the same investment might be an amazing or a terrible deal for you. There is one big myth when it comes to investing abroad. Many think that if you invest in an undeveloped market or developing countries you will get amazing returns. You can even see bank interests in those countries and see how high they are, without considering all the risks that it might bring. Think about how much you don't know about a foreign market: you don't know the legal system, you don't have connections the same way you'd have in your country, you're not established, etc. All of these things could turn your investment into a nightmare. So having all these risks in mind, returns better be well worth it! Does all this mean that you shouldn't be considering foreign investments? Not at all. However, it is very important to calculate your risk to reward, and be very cautious about what could happen and where is your money going. Who are we and what do we do? We are Offshore Citizen team. We help people become global: get a second passport, set up a second residency, pay less taxes, do banking abroad, etc. We have lots of interesting articles on different topics, we have relevant information up to date. Author: Michael Rosmer Feel free to join our community! Don’t forget to subscribe to our channel    / @offshorecitizen