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Episode #582 Try Baselane, the One Platform for All Your Property Banking & Finances: https://www.baselane.com/lp/bigger-po... Episode Show Notes: https://link.chtbl.com/Money Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?... Reach FI Faster with “Set for Life”: https://store.biggerpockets.com/produ... Find an Investor-Friendly Agent in Your Area: http://biggerpockets.com/agentmatch The Best (and Worst) States in the US to Retire in 2024 (FIRE Faster?): https://www.biggerpockets.com/blog/mo... Connect with Brooklin: https://www.biggerpockets.com/users/b... Connect with Scott and Mindy: Scott: https://www.biggerpockets.com/users/s... Mindy: https://www.biggerpockets.com/users/m... Would you move abroad to reach FI faster? That wasn’t Brooklin Nash’s original goal when he left the US and began freelancing from afar. But now, years later, he realizes how much of a leg up he has financially by going all-in on “geo arbitrage.” He’s saving a boatload in Guatemala, paying less to live the life he loves, and enjoying a tiny tax bill. Now in his mid-thirties, he’s already Coast FIRE and works when and where he wants. But Brooklin’s money story didn’t start so stable. Being raised in a home with “risky” finances, to say the least (pyramid schemes, gambling, etc.), left him scarred and constantly worrying about keeping enough money in the bank. Thankfully, he changed his ways and realized that making money, rather than just saving every cent, was crucial to becoming financially free. He’s paid off a significant sum in student loans and did it all while making a very meager income. Then, he scaled from freelancing abroad to building an entire business, making a phenomenal income while living in a low-cost-of-living area. He’s living his dream life outside the US, making more money than Americans at home. Imagine what THAT can do for your FIRE number! 00:00 Intro 01:00 Pyramid Schemes, MLMs, and Risky Bets 04:35 Paying Off $80K Debt 10:30 Finding FIRE and First $100K 14:19 Freelancing to Boost Income 16:40 Building His Business 20:11 FIRE Progress 26:40 Why Live in Guatemala? 30:54 Investing from Abroad 32:43 Geographic Arbitrage 101 38:19 Connect with Brooklin!