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Why We Don’t Hire Americans (Usually)

2024-09-01 Education
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Nomad Capitalist
Nomad Capitalist
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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 this video, we explain our approach to hiring our global team. Mr. Henderson reveals key traits he looks for when scouting talent around the world, as well as which regions and countries are hidden gems for hiring. 00:00 Our Global Team 00:39 US Wage Levels 02:06 Tax Implications 05:00 Another Offending Country 05:43 Labor Laws and Regulations 06:31 Best Regions for Our Business to Hire 09:33 Giving the US Credit 10:26 Overseas Attitude and Hidden Gems 11:42 Hiring in Western Countries Nomad Capitalist R&D's Top Countries for Hiring Talent in Asia - https://www.youtube.com/watch?v=T8DL7EaqbP8 Nomad Capitalist R&D's Top Countries to Hire Talent in Latin America - https://www.youtube.com/watch?v=wyOgQ782kbU 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.

Top Comments (10)

@stoneyelmo1572 2024-09-01

Sharing a true story here. A cousin of mine worked in Canada as a computer programmer years ago. She is average, not the genius type. So when her coworkers complained that she finished her work too quickly, giving them pressure, she was truly taken aback. So she found out that she actually had to put at least 40? 50% more time into her work. Just drag it out. There goes efficiency

171 9 replies
@Boredblacksheep 2024-09-01

"Talented people are going to cost something anywhere you go". Oh, thank you for saying that. I struggled to explain to an american that you can't hire IT experts for pennies. You still get what you pay for even in a cheap country.

111 11 replies
@olanderdecastro52 2024-09-01

Reasons one through five: we Americans are too expensive.

96 12 replies
@affiance6 2024-09-01

Hassle = Inefficiency= lost profit.... so I agree with Andrew.

66 1 replies
@alfred3041 2024-09-01

Andrew waking my perception from the ‘American dream’ is my favourite part of this channel.

45 2 replies
@SARWSiddiqui 2024-09-02

I have worked with Americans in the Middle East and will gladly work with them again if the opportunty presents itself.

44 1 replies
@nomadcapitalist 2024-09-01

We have occasionally hired an American who doesn't live in the US and understands what we do. We even offered Americans with international experience to apply here: https://www.youtube.com/watch?v=biXIA41Hg6A For tips on hiring elsewhere, check out these videos from our Nomad Capitalist R&D channel: Top Countries for Hiring Talent in Asia - https://www.youtube.com/watch?v=T8DL7EaqbP8 Top Countries to Hire Talent in Latin America - https://www.youtube.com/watch?v=wyOgQ782kbU

41 6 replies
@martinoconnor9841 2024-09-05

Every time you call a call center for tech support or customer service and ask a representative a yes or no question, you get an Indian or Asian telling you (unintelligbly) their doctoral dissertation. Foreign hires should be for a company's foreign business. Once I called Dell and got a black representative in Texas- I felt like I had won powerball.

30 1 replies
@NoStoryNoWorry 2024-09-01

I’m American but absolutely willing to relocate to join such a team or create a complementary business in my specific field which has global impact. I’ve been over the fear of what’s outside the box for years now.

26 11 replies
@davidhollfelder9940 2024-09-04

The US income buys the cheap foreign cost, until it doesn’t anymore. Asia is low cost, until it’s not anymore. Remember “made in Japan” back in the 60s? We US workers were workaholics, until we weren’t. What killed our spirit is the inflation of the money supply, that became such a big problem in the 70s, and been a thorn in our side ever since.

25 1 replies

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