In this episode, I will be discussing the technical, financial, and legal issues of becoming a digital nomad. I will do this from multiple perspectives that include someone who just wants to travel for a few months, others that want to travel full time, and finally, those of you who want to move to another country but still work for someone in the US.
This is based on a presentation I gave on a webinar for Flexjobs. You will find a link to the recording and my slides below. I spent an additional 20 or so minutes answering questions at the end of the webinar.
This was one of their most attended webinars.
I am a recovering engineer. I test everything and always have a plan B. I think you will find that I have thought of a number of things that can happen to you. This includes losing your smartphone, having your debit card eaten by the ATM machine, or needing access to legal documents when they are unexpectedly asked for.
You are not at home and could possibly find it difficult to have things shipped to you in a timely fashion. Stuff does happen.
In this episode I am speaking with Barbara Pagano, author of the book The 60-Something Crisis: How to Live an Extraordinary Life in Retirement. I think you will find the process Barbara lays out in the book is applicable beyond just retirement.
Read some of her story from her website:
Hi. I’m Barbara Pagano…
Despite graduate degrees in human behavior and many successful crossings onto new life stages (I even pre-planned a very successful mid-life crisis for myself in my mid-forties), everything about “retirement”– the word we most use for a pivot time in life at 65 – didn’t fit me.
If there was a yellow brick road to happiness and joy, I wanted to be on it. But where was that road and who was I going to be now?
It shouldn’t have been so hard, but it was. I became a consummate learner of the current literature on aging, retirement, un-retirement, productive longevity, well-being, and happiness.
Discovering that work identity is an extraordinarily strong component of who we are and that productivity equals better health according to the latest research on longevity and wellbeing was a watershed.
Working until 85 – not 65 – is the “new retirement” for me and millions of others. Volunteering, traveling just to travel, and not earning money – it doesn’t work for me and it doesn’t work for millions of others.
In this episode, I will be talking about renting a property in Mexico. I will discuss some of the pitfalls and why you probably should rent for a significant amount of time before you decide to buy.
I am not a lawyer but I suggest you get acquainted with one if you plan to apply for residency and to review any legal documents you will be signing including a lease.
A lot of people assume that engaging with a lawyer will be expensive, but it is not, and decide to do this themselves. They often turn to Facebook groups looking for advice. This is an area where learning about other people’s experiences is valuable but getting legal advice is not. The legal advice you get is worth as much as you are paying for it. Nothing.
I learned a lot from my lawyer when he reviewed my first lease. You have to remember that what you know about property laws and your rights in the US has nothing to do with how it is done outside of the US.
This podcast episode is being released on the US Labor Day holiday. Therefore, I am rebroadcasting an episode where I spoke with Diana Wu David who is the author of Future Proof: Reinventing Work in an Age of Acceleration. If you have listened to this podcast long enough, you have heard me discuss a number of concepts that I attribute to Diana and her book.
Read you her about section on LinkedIn:
I am a former Financial Times executive, author of Future Proof: Reinventing Work in an Age of Acceleration, and an adjunct professor at Columbia Business School’s EMBA Global Asia. I started out my career working on high-level strategy as a management consultant and as an assistant to Dr. Henry Kissinger at Kissinger Associates in New York.
I work with global leaders, companies, and boards to enhance their ability to adapt, contribute, collaborate and grow. I am privileged to have consulted with or spoken to clients including the Mandarin Oriental Hotel Group, the World Bank, Expedia, Randstad, and Credit Suisse.
I write about the future of work for publications including Fast Company, Inc and Thrive and speak globally on the future of work, corporate governance and boards, and East-West issues.
I re-edited this episode and there is so much good stuff in it, that even if you listened to it when it was originally published in July of 2021, you should listen to it again.
There are a few terms that I want you to listen for in this episode:
If you hear these terms you may want to relisten to those sections as I think they are important topics.