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.
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.
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.
Patience and organization are key skills to settle for FIRE in France. Process is transparent but can be lengthy. Start as early as possible and chase politely if there is no progress to ensure that key documents are not missing.
Build a consolidated view of all your assets (multi-currency and multi-location) in a single FIRE wealth management tool for FREE, and estimate your monthly Safe Withdrawal amounts based on CAPE ratio.
Choosing a home is a daunting task when there is no job or family anchor. Assess your criteria, weigh them, and go visit your Top 3 FIRE places in France you shortlisted for your early retirement to check that reality matches your expectations.
Although our asset mix, portfolio value and CAPE ratio evolved over time, Big ERN’s Safe Withdrawal Rate formula helped us navigate through the past turbulent 3 years, and strategize our distribution strategy. Portfolio valuation needs to be examined with the CAPE ratio to be meaningful.
Looking for perfection is an endless quest. Once you accept that perfection is an illusion, you should aim for the utmost compromise that fits your lifestyle and life goals.
Challenge yourself, experience the edges of your comfort zone and push back your self (or socially) imposed limitations. And savour the exuberating self-accomplishment feeling. It is time to go all in!