Why I Would NEVER Start a Business in South America

Become a Client: https://nomadcapitalist.com/apply/ Get our free Weekly Rundown newsletter and be the first to hear about breaking news and offers: https://nomadcapitalist.com/email Join us for the next Nomad Capitalist Live event: https://nomadcapitalist.com/live/ In today's video, Mr Henderson shares why he chose not to start a business in Latin America. While Latin America offers great lifestyle and investment opportunities, it also comes with bureaucratic challenges, banking difficulties, and regulatory hurdles that can make running a global business more complicated. He breaks down the key factors to consider and how they compare to more business-friendly jurisdictions. 00:00 The Contradictions of Latin America 01:01 Why I Didn’t Start My Business in Latin America 04:02 Latinometrics: Global Score by WB Business Ready 05:59 Utilities and Bureaucracy 08:36 Challenges of Banking 09:07 Living But Not Incorporating 09:31 Where Should You Start A Business Instead? Nomad Capitalist helps clients "go where you're treated best". We are the world's most sought-after firm for offshore tax planning, dual citizenship, and international diversification and asset protection. We use legal and ethical strategies and work exclusively with seven- and eight-figure entrepreneurs and investors. We create and execute holistic, multi-jurisdictional Plans that help clients keep more of their wealth, increase their personal freedom, and protect their families and wealth against threats in their home country. No other firm offers clients access to more potential options to relocate to, bank in, or become a citizen of. Because we do not focus only on one or a handful of countries, we can offer unbiased advice where others can't. Become Our Client: https://nomadcapitalist.com/apply/ Our Website: http://www.nomadcapitalist.com/ About Our Company: https://nomadcapitalist.com/about/ Buy Mr. Henderson’s Book: https://nomadcapitalist.com/book/ DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.