In Cowboy Millionaire—The New American Pioneer—the predecessor to my new book—I detailed my three decades investing outside America, obtaining residencies and second passports, opening bank accounts and offshore corporations, cutting tax bills, and much more.
In my just-released book, New Frontiers—How And Where To Find, Grow, And Protect Your Fortune, I show you how and where you can do the same in today’s world.
Step one is profiling yourself. You need to identify which of the following categories best describes you and your objectives.
Bear in mind, “millionaire” here doesn’t have to mean you have a million dollars in your bank account right now. Maybe you do. Maybe you have more. Maybe you’re working toward it… or maybe you’re just hoping to find a place where the money you do have stretches to afford you the millionaire lifestyle of your dreams.
You may also find you fit into more than one category, as I do. Not a problem. It means you have more solid options to choose from.
The Cowboy Millionaire
When the pioneers set out to settle the American West, they had nothing—no jobs, no homes, no land. They traveled thousands of miles in search of one thing: Opportunity.
They wanted a chance to find their fortunes and change their lives for the better, cultivating new territories and building bright futures where nothing existed before.
The West has long been settled, but there are parts of this world where you can still pioneer in that same way.
I’m doing it at Los Islotes, the 225-acre former finca where I’m building my own “intentional community.” On Panama’s untamed Veraguas coast, amidst lush jungle and fronted by the most beautiful coastline imaginable, colonial-style homes constructed to the highest standards dot the hillsides.
Kathleen and I spend much of the year here in this place where our neighbors are others who likewise want the freedom to live in paradise and be left alone.
Los Islotes is about privacy. It’s also about legacy. We intend this community to grow and thrive for hundreds of years.
That’s the big idea of the Cowboy Millionaire agenda—to set you and your family up for the very long-term.
This is also about adventure. The opportunity to cultivate new lands and blaze new trails. To build things where nothing existed before. To embrace the freedom of open spaces and uncharted territory.
If you, too, are looking for a corner of the world where you can escape prying eyes, get back to basics, reconnect with the land, and enjoy a way of life lost back home, then consider yourself a Cowboy Millionaire, like me.
The Millionaire Next-Door
You may be a small business owner or an entrepreneur or maybe you’ve worked diligently in your career for decades. You’ve built wealth through discipline, frugality, and smart financial habits. You’re not looking to flash the cash.
Instead, you’re looking for a place where you can continue to protect and grow what you’ve got while also enjoying a better standard of living on the money you’ve worked hard to accumulate.
Community, like-minded souls, and easy living are high on your list of priorities. You’re the Millionaire Next-Door.
The Jet-Set Millionaire
You like to enjoy the finer things in life but perhaps haven’t got the budget to embrace that lifestyle Stateside, so you want to find a location where what you do have will afford you a luxury lifestyle… one that includes things like regular massages, boat trips, a country club membership, a maid, a gardener, a cook…
A location that provides access to activities like golf, skiing, boating, and watersports, as well as opportunities for high-end shopping, fine dining, and travel are key priorities for the Jet-Set Millionaire.
The Crypto Millionaire
Crypto is an increasingly important component of the wealth-creation story globally. Over 560 million people worldwide own cryptocurrency and of those some 200,000 have $1 million or more in crypto holdings.
Cryptocurrency tax treatment is a key consideration. As are a country’s legislation regarding digital assets, banking and financial infrastructure, security and privacy, and access to international markets.
And, of course, as anywhere for anyone, residency, lifestyle, and environmental factors also come into play for the Crypto Millionaire.
Now that you know what kind of millionaire you are (or want to be), it’s time to consider the world map…
My new book, New Frontiers—How And Where To Find, Grow, And Protect Your Fortune is divided into four sections, each detailing five countries that make great sense for each millionaire profile.
Of course, as I mentioned, you may well fit into more than one category.
Maybe you’ve got champagne dreams but a beer budget…
Or perhaps you have a singular priority—like obtaining a second passport or reducing your tax bill…
Worthy objectives, all.
Within the pages of my new book, you’ll find a place where you can meet them.
And, right now, you can pick up a free copy with this special offer.
Stay diversified,
Editor, Simon Letter
