Although we faced inflation and moved to a high cost of living place in 2022, we managed to keep our expenses in check. Dedication to constantly track our expenses and search for best alternative were critical to enjoy the year without tightening our belts. While our withdrawals have naturally increased, they still remain in the safe zone.
2022 has been a roller coaster year for our portfolio and expenses. Nevertheless, we managed to stay calm although an impressive drop along the year. As we learned a few years back, the best thing to do is actually nothing, and let the storm pass. It is thus important to design a plan in less turbulent times, and stick to it when facing some headwinds.
The Spain’s new 2023 Digital Nomad visa is designed to attract digital nomads and remote workers to the country. The visa allows individuals to live and work in Spain for up to five years. Benefits of this visa include the ability to live and work in Spain while maintaining the freedom to travel and explore the country, and the ability to take advantage of the country’s relatively low cost of living.
假设你已经在财务自由的课题上花了不少的时间研究，心里决定了你十年之内就要退休，然后周游世界，享受人生。那么下一步应该是什么呢？
Phuket has lots to offer for a family to FIRE. From great food and beautiful landscapes, to good and affordable education, Phuket is very attractive. Indeed, we went to explore Phuket for several weeks and we had a wonderful time. Find out why you should consider it too.
There are many ways to obtain residency in Thailand. Beyond the well-known retirement visa, you can either ‘buy’ your way in, or exploit a less publicized visa if you have your child attending an international private school in Thailand.
You are considering Dubai in your FIRE plan because it has no tax. Indeed, Dubai is very attractive with nice hot weather and no personal income tax. However, you will experience hidden fees everywhere which do really add up. Stay vigilant.
从小到大，自己成长的理念跟社会的期望很相似：努力读书，拿到好成绩，到社会做事，为自己和未来的家庭打拼。小时候，我读的是香港的传统地区学校，校风不俗，但都不是什么名校。大学毕业后到银行工作，直到在外国完成工商管理硕士，再在投行和商行工作，收入不俗，但总觉得欠缺了一点人生意义。心理反覆地想着，难道人生就是这样的一个向上爬、跟同辈比较的无限循环？
You are experiencing the “One More Year Syndrome” (OMYS), because your FIRE plan isn’t bulletproof yet. You might need to review your plan and/or your finances so that you feel comfortable to finally claim that you are Financially Independent.