Comments on: Q&A #1 http://www.nomad4ever.com/2009/04/18/qa-1/ Life is what you make it! Mon, 06 Feb 2012 15:04:35 +0000 hourly 1 http://wordpress.org/?v= By: Chris http://www.nomad4ever.com/2009/04/18/qa-1/#comment-47464 Chris Sun, 28 Feb 2010 14:19:34 +0000 http://www.nomad4ever.com/?p=917#comment-47464 Alright! ;-) Alright!

]]> By: KiwiNomad http://www.nomad4ever.com/2009/04/18/qa-1/#comment-47457 KiwiNomad Sun, 28 Feb 2010 05:11:04 +0000 http://www.nomad4ever.com/?p=917#comment-47457 With regard to the land ownership in the Phil there is a space on the title that indicates that I have a 51% financial interestin the property (8 hectares). Catch up with you in Bali I hope. With regard to the land ownership in the Phil there is a space on the title that indicates that I have a 51% financial interestin the property (8 hectares).
Catch up with you in Bali I hope.

]]> By: KiwiNomad http://www.nomad4ever.com/2009/04/18/qa-1/#comment-47372 KiwiNomad Sun, 07 Feb 2010 07:42:03 +0000 http://www.nomad4ever.com/?p=917#comment-47372 For sure! Am leaving Manila this month and I have a quick trip to NZ (first visit since 1986!) and then off to Bali after a month or so. I will keep in touch. For sure! Am leaving Manila this month and I have a quick trip to NZ (first visit since 1986!) and then off to Bali after a month or so. I will keep in touch.

]]> By: Chris http://www.nomad4ever.com/2009/04/18/qa-1/#comment-47371 Chris Sun, 07 Feb 2010 04:33:45 +0000 http://www.nomad4ever.com/?p=917#comment-47371 Yup, that sounds more like a strategy, <strong>KiwiNomad</strong>! You are already in a bettter position than 95% of those Expats, whose partners don't have any funds of their own. And sorry for the lack of updates, I wish I could write bi-weekly, just there is so much life to live out there right now; that time in front of the computer isn't so tempting currently. I will be in Pinas from Monday onwards and back to Bali latest 1st of May. Maybe we'll bump into each other somewhere along the road, here or there.... ;-) Yup, that sounds more like a strategy, KiwiNomad! You are already in a bettter position than 95% of those Expats, whose partners don’t have any funds of their own.

And sorry for the lack of updates, I wish I could write bi-weekly, just there is so much life to live out there right now; that time in front of the computer isn’t so tempting currently. I will be in Pinas from Monday onwards and back to Bali latest 1st of May. Maybe we’ll bump into each other somewhere along the road, here or there….

]]> By: KiwiNomad http://www.nomad4ever.com/2009/04/18/qa-1/#comment-47370 KiwiNomad Sun, 07 Feb 2010 00:14:57 +0000 http://www.nomad4ever.com/?p=917#comment-47370 Absolutely true Chris, I have seen the disasters happen so many times. We have been together now for so many years traveling and creating businesses around the Asia Pacific, but she wanted a "home-base" so we did that. The great thing is she put up half from her earnings and the price hardly made a dent in mine. I spend more money on the boat in a year than the cost of a farm in the Phil! BTW, I love this site and check it at least twice a week. Bali is my next stop. Absolutely true Chris, I have seen the disasters happen so many times. We have been together now for so many years traveling and creating businesses around the Asia Pacific, but she wanted a “home-base” so we did that. The great thing is she put up half from her earnings and the price hardly made a dent in mine. I spend more money on the boat in a year than the cost of a farm in the Phil!

BTW, I love this site and check it at least twice a week. Bali is my next stop.

]]> By: Chris http://www.nomad4ever.com/2009/04/18/qa-1/#comment-47365 Chris Sat, 06 Feb 2010 09:29:13 +0000 http://www.nomad4ever.com/?p=917#comment-47365 Nothing against your lovely wife, but how is that an accountable option, <strong>KiwiNomad</strong>? I'm all for <a href="http://www.nomad4ever.com/2007/11/19/mixed-relationships-in-asia-a-status-quo/">mixed relationships</a>, but with divorce rates around 50%, you are basically playing Roulette with your own savings. The stories of foreigners losing their life savings by putting everything in the name of their wives in Asia are legend. If you think you want to take the risk - go for it! But better make sure, that it's not a substantial part of your funds you are investing. ;-) Nothing against your lovely wife, but how is that an accountable option, KiwiNomad? I’m all for mixed relationships, but with divorce rates around 50%, you are basically playing Roulette with your own savings.

The stories of foreigners losing their life savings by putting everything in the name of their wives in Asia are legend.

If you think you want to take the risk – go for it! But better make sure, that it’s not a substantial part of your funds you are investing.

]]> By: KiwiNomad http://www.nomad4ever.com/2009/04/18/qa-1/#comment-47364 KiwiNomad Sat, 06 Feb 2010 05:19:56 +0000 http://www.nomad4ever.com/?p=917#comment-47364 <em>"Question: What’s your opinion on purchasing Real Estate, Land or Villas in Bali?"...</em> As a foreigner we cannot personally "own" land in Bali, or anywhere in Indonesia. This also applies to many countries in Asia. I am lucky that my wife can own here in the Philippines. “Question: What’s your opinion on purchasing Real Estate, Land or Villas in Bali?”…
As a foreigner we cannot personally “own” land in Bali, or anywhere in Indonesia. This also applies to many countries in Asia. I am lucky that my wife can own here in the Philippines.

]]> By: Chris http://www.nomad4ever.com/2009/04/18/qa-1/#comment-45960 Chris Tue, 18 Aug 2009 06:45:44 +0000 http://www.nomad4ever.com/?p=917#comment-45960 <strong>J Bernstein</strong>, I would avoid setting up an account in every country I plan to travel to. Leave your money in your base currency and withdraw simply from ATMs. The fees aren't *that* high and you avoid the currency risks. The currencies in the region fluctuate quite a lot and this way you never know, how much money you got. Regarding Forex Brokers, there are half a dozen in Singapore, among them POEMS/Philip Securities, ETrade Asia, as well as the major banks with their online arms. There are of course countless brokers in every country, but myself I'd stick to Singapore due to better diligence and law security. Also, why not keep our accounts in the US or wherever you are from, as most Asian markets still follow the US markets. J Bernstein, I would avoid setting up an account in every country I plan to travel to. Leave your money in your base currency and withdraw simply from ATMs. The fees aren’t *that* high and you avoid the currency risks. The currencies in the region fluctuate quite a lot and this way you never know, how much money you got. Regarding Forex Brokers, there are half a dozen in Singapore, among them POEMS/Philip Securities, ETrade Asia, as well as the major banks with their online arms. There are of course countless brokers in every country, but myself I’d stick to Singapore due to better diligence and law security. Also, why not keep our accounts in the US or wherever you are from, as most Asian markets still follow the US markets.

]]> By: J Bernstein http://www.nomad4ever.com/2009/04/18/qa-1/#comment-45936 J Bernstein Mon, 17 Aug 2009 08:25:40 +0000 http://www.nomad4ever.com/?p=917#comment-45936 Great blog. I have spent a number of years abroad in Asia. I have lived in Vietnam, South Korea and Indonesia, as well as travelling to a number of other Asian countries on a short time basis. But, I have always worked for companies while living abroad. When my current contract expires, I plan on extensive travel in the region. How would you suggest setting up my accounts in such a way that would allow access to my money without incurring large fees in multiple countries? Also, you mentioned Forex trading, which broker do you find most accessible in Asia? I currently use Oanda, but it is tied to my US accounts and I want to find a dedicated broker for this journey. Selamat Jalan Great blog. I have spent a number of years abroad in Asia. I have lived in Vietnam, South Korea and Indonesia, as well as travelling to a number of other Asian countries on a short time basis. But, I have always worked for companies while living abroad.

When my current contract expires, I plan on extensive travel in the region. How would you suggest setting up my accounts in such a way that would allow access to my money without incurring large fees in multiple countries? Also, you mentioned Forex trading, which broker do you find most accessible in Asia? I currently use Oanda, but it is tied to my US accounts and I want to find a dedicated broker for this journey.

Selamat Jalan

]]> By: Conor http://www.nomad4ever.com/2009/04/18/qa-1/#comment-45273 Conor Tue, 26 May 2009 07:03:17 +0000 http://www.nomad4ever.com/?p=917#comment-45273 had a look at the articles.. seems to be bali can be a bit problematic for consistency. nowheres perfect i suppose! i havent yet used gobi , have just read a bit about it. youre right, i believe expensive to use aswell! had a look at the articles.. seems to be bali can be a bit problematic for consistency. nowheres perfect i suppose!

i havent yet used gobi , have just read a bit about it. youre right, i believe expensive to use aswell!

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