Living Abroad: 3 Mistakes You Shouldn't Make

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I'm John a DEBT FREE Millennial, an expat in China, an educator, an entreprenuer and investor. I’ve been living and working in China for over 13 years. I’m working on reaching financial freedom so I can retire early abroad.
Here on RU-vid I talk about international living. I hope I can help you reach a better understanding of what it's like to live abroad so you can decide if living abroad is for you.
This channel takes you through my journey of living abroad as well as how I invest in order to reach financial freedom so I can retire aborad. I share all of this in hopes that it helps you in some way.
Legal Disclosure: I’m not a financial advisor. The information contained in this video is for entertainment purposes only. Before investing, please consult a licensed professional. Any stock purchases I show on video should not be considered “investment recommendations”. I shall not be held liable for any losses you may incur for investing and trading in the stock market in attempt to mirror what I do. Unless investments are FDIC insured, they may decline in value and/or disappear entirely. Please be careful!

Опубликовано:

15 окт 2024

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Комментарии : 31

@XolaniNdlovu-d9f 2 месяца назад

What a solid video...Appreciate it my man...All the best with your new venture in central China...I'm here in Shenzhen lol

@viewpointabroad 2 месяца назад

@@XolaniNdlovu-d9f I stayed in Shenzhen 7 years. Great city.

@collyslifeadventureinchina 3 месяца назад

Great points. I almost had a tax problem after 3 years in China but I found out I needed to file my Canadian taxes. I Also use H&R block now to file. Back in 2015-2017 I felt a difference in people being friendly but now days you are 100% right about needing to have your head on a swivel and be aware of whats going on around you.

@NearShoreLiving 4 месяца назад

Nice Channel you got here!

@viewpointabroad 4 месяца назад

Thanks

@iceox 3 месяца назад

I have so much craps in the house collecting dust, but still don't want to throw them out.

@viewpointabroad 3 месяца назад

Same here. It’s hard to get rid of that stuff

@mintakamermaid5076 4 месяца назад

Thx

@blackbeyondborders2024 4 месяца назад

Valuable stuff 👏🏾

@nikkirevell8306 3 месяца назад

I'm moving to China TO save money for retirement but I don't consider myself financially literate at all and I need to work out what to do with all the money so it can work for me. I have very little in retirement savings and this stresses me out a lot.

@viewpointabroad 3 месяца назад

Yeah. That’s something I struggled with too for far too long.

@johnwong2336 4 месяца назад

Very good sound advice, John. Totally agree with you whether you live abroad or in your home country, you need to do your taxes(even without income) and invest for your retirement for yourself cause social security or the country's pension plan is just not enough. Yes don't let your guard down doesn't matter where you live, cause there are some bad people out there. Mind you certain country is more safer or friendly than others. I have been enjoying your videos. Take care.

@viewpointabroad 4 месяца назад

Thanks A lot. I appreciate that

@joshw7812 4 месяца назад

Don't forget people need to apostille certain documents from the Secretary of State better to do it while living in their current country and submitting it to the potential employer, then going for your work visa at the Chinese embassy in your home country.

@garethl738 4 месяца назад

I totally get your first point about saving / investing for retirement at a young age. When I turned 30, my mentor at work started nagging at me to start investing for retirement. At first I thought he was crazy / too conservative - but as I look back on my own journey, I’m glad I took his advice n started investing for retirement in my early 30s. Your 2nd point about filing taxes, that’s a pleasure that only Americans and Australians enjoy. 😂 As far as I know, no other country requires their citizens to file taxes once they start working offshore. Thanks for sharing John!

@viewpointabroad 4 месяца назад

Thanks for watching. Good to know you followed the advice and started investing for your future.

@Anonymous------ 4 месяца назад

Canada also requires Canadians outside the country to file the income or profit they made.

@befeleme 4 месяца назад

@@Anonymous------ Same with Australia. So much for "freedom". We are all being fleeced to pay for our incompetent governments' wastefulness.

@dyankee7214 4 месяца назад

Having a retirement account is important even if you stay in the States, Social Security only goes so far. Thank god for my 401K.

@MyTeaConnection 4 месяца назад

Excellent bro

@奇C 4 месяца назад

For some stuff, discarding and then re-purchasing them in your new city may be cheaper than moving them. Of course, you create a lot of waste and use up your time during the process.

@viewpointabroad 4 месяца назад

Yeah , I just donated alot of stuff actually

@phoegon12 4 месяца назад

The comment about too much stuff hit me hard. It will definitely be more challenging when I head to China again to heed that advice. I am definitely happy there are digital cameras.

@viewpointabroad 4 месяца назад

I’ve got way too much stuff. I really need to get rid of this stuff. It just makes it much easier to be free

@peanut0brain 4 месяца назад

@@viewpointabroadsell them on taobao

@86laowhy80 4 месяца назад

I actually watched this video the other day. Since watching it, I’ve kept thinking about what you said about having your head on a swivel. After you said that, I noticed you swiveled your head several times for the rest of the video. I’ve never lived my life that way (always worried). I’m taller and heavier than more that 80% of the people here, so if someone comes after me, it would likely have to be a group effort. Whether here in China, or in the US, instead of head on a swivel, I think of “don’t be a dick”. I’ll give you an example. Sometimes at 4:00 a.m., ebike taxis pass my apartment, intermittently honking to look for customers. I would love to go to the street with a carton of eggs and throw one at anyone who honks their horn. Haha, it’s ok to think that, but if I acted on it, maybe I could be in a crowd some day and get attacked. So I walk around without worrying. I may think like a dick, but I don’t take dick actions, so there is little to be worried about.

@viewpointabroad 4 месяца назад

I’m not a dick either but as someone who’s traveled the entire world and seen some stuff many maybe haven’t seen in various places around the world I know not to ever be too comfortable in any situation even in my own country.