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October 10, 2025 27 mins

Interested in Moving to Abroad? Send us a text with your best email and we'll get you started with a Relocation Consultation.

Moving Abroad Resources:


👉 Moving Abroad Relocation Roadmap Guidebook that walks you through the five phases of moving abroad ($27): https://www.entrepreneurexpat.com/relocate


👉 Moving Abroad Relocation Blueprint Course which offers step by step guidance on everything from choosing the right country to immigration to taxes and everything in between: https://www.entrepreneurexpat.com/blueprint


👉 Want us to handle the details of your move abroad? Apply for our white-glove relocation services here: https://www.entrepreneurexpat.com/consult


👉 Free Moving to Mexico Guide: https://www.entrepreneurexpat.com/mexico


👉 Free Moving Abroad Checklist: https://www.entrepreneurexpat.com/abroad 


Remote Work and Online Income Resources:


👉 Expat Income Accelerator course which shows you the multiple ways you can make money globally based on our 15+ years of experience in online business, investing internationally and living in multiple countries: https://www.entrepreneurexpat.com/income


👉 Get Your First High Paying Client Online Bootcamp which walks you through the first four foundational steps of creating and monetizing an online business based on 15+ years of experience in online business: https://www.entrepreneurexpat.com/firstclient-yt


👉 YouTube Mastery Workshop which shows you how we’ve built two YouTube channels that bring clients and passive income from digital course sales (including turning Entrepreneur Expat into a six-figure business in six months): https://www.YouTubeMasteryWorkshop.com


👉LinkedIn Mastery Workshop which shows you how to use LinkedIn to find remote work, clients and connect with recruiters based on Justin’s experience building a six-figure business and finding remote work on LinkedIn: https://www.entrepreneurexpat.com/linkedin


👉 Free Make Money From Anywhere Guide: https://www.entrepreneurexpat.com/money-guide 



V I D E O S    T O    W A T C H    N E X T :



Online Business Tips to Working and Traveling In Mexico: https://www.youtube.com/watch?v=9zGH0voCyOc&list=PLh3xKhkMgH_IA6s3KvB_g9Cc9Ze1eji8j&index=2


Moving to Mexico: 10 Reasons Why We Chose to Live in Guadalajara https://www.youtube.com/watch?v=dK23vD8_xjc&list=PLh3xKhkMgH_LAY7UV78YMgms-f2e1UcwN&index=23


Tips for Moving Overseas: Top 5 Remote Work Skills That Make Money: https://www.youtube.com/watch?v=bFzjCrlNAL8&list=PLh3xKhkMgH_IA6s3KvB_g9Cc9Ze1eji8j



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Inquiries: community@entrepreneurexpat.com



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#livinginmexico #movingtomexico #digitalnomad #makemoneyonline #expatsinmexico #digitalmarketingtraning #geoarbitrage #moveoverseasfromus #digitalmarketingcourse #guadalajara #costoflivingmexico #digitalnomadvisa #digitalnomadnews #workandtravel #locationindependent

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Transcript

Episode Transcript

Available transcripts are automatically generated. Complete accuracy is not guaranteed.
(00:36):
If you could earn in dollarswhile living on pesos, how
quickly would your runway grow?
In this video, I'm gonna giveyou the exact remote income
strategies that work forentrepreneur expats in Mexico
and other countries right now,plus the tax moves that keep
more of it in your pocket.
Of course, we work all the timewith founders and remote
professionals to build alocation, independent income,

(00:57):
and set up compliant crossborder lives.
But this video is not to beconstrued as anything other than
education.
In our opinion.
This is not legal advice.
This is not professional advice.
If you do want some help workingwith professionals like
ourselves and like actualaccountants, CPAs, attorneys.
Both in the US and Mexico andother countries to figure out

(01:18):
the details of your tax andbusiness situation.
You definitely wanna schedule aconsult below, or by going to
entrepreneur expat.com/consult.
We can give you the personalizedattention that you need in order
to help figure this out for you.
I'm Justin Keltner and on thischannel Entrepreneur, expat.
We talk about everything to dowith moving abroad, starting a

(01:40):
life and potentially even aremote location, independent
business in another country, andhow to actually make business
work for your life, not haveyour life constantly just be
working and making money.
You want to actually enjoy life.
That's why so many people,including many of our clients,
have moved abroad.
If that's something you'reinterested in, make sure to

(02:01):
subscribe to this channel, hitthat notification bell.
Give this video a thumbs up sothat YouTube recommends more
videos like this.
And you see all of our ongoingcontent.
And like I mentioned before,book that free consultation.
If you qualify, we can help youwith the business aspects of
things.
With the relocation, taxes,accounting, and everything else.
We've got professionals all overthe world that are ready and

(02:23):
eager to help.
And if you're just looking.
At moving abroad, you can alsocheck out a free moving abroad
checklist below this video or goto entrepreneur
expat.com/abroad.
So the first thing we're gonnatalk about with regards to your
remote income stream is you wantto pick your remote income lane.
So specifically, there are a lotof different ways to make money,

(02:44):
especially money that is madewith a location independent.
Outcome, right?
You wanna make this moneywithout having to necessarily be
tied to one physical location ora job that does not let you work
remotely.
So there's actually six lanesthat work really well that we've
tried, that our clients havetried, and all of these are
gonna be based on yourindependent needs in terms of

(03:06):
your skills, your capital.
As well as your risk tolerance.
So the first one is high valueservices.
This includes things likeconsulting, fractional roles
like a fractional CMO or CTO orsomething to that effect,
creative and technical, uh,roles where maybe you're doing
design, you're doing graphicdesign, you're doing websites.
Uh, you're doing some type ofwebsite maintenance or coding or

(03:29):
building things on a freelancebasis.
If you're doing one of thosehigh value services like that,
the best way to do it is reallyto niche down to one painful
problem that you help yourclients solve.
Select premium pricing, right?
You wanna also get retainers aswell, because retainers are
always much better than one offprojects.

(03:51):
If you have somebody pay you onan ongoing basis, or at least,
Hey, we're gonna work togetherfor three months, so pay me for
that period of time, and thenthat renews, it's ongoing.
It's always gonna be better thanjust doing one project for a few
thousand dollars here and there,because that's kind of
unsustainable and youconstantly.
Have to be marketing.
Number two, you wanna look atdoing productized services.
So that's fixed scope, fixedprice packages with tight, so

(04:14):
ps.
So for example, maybe a podcastwith a 10 clip social pack in 72
hours.
You can then not have to justdeliver all of those things
yourself, but actually be ableto hire people and then scale
this out as a real business.
Number three, digital products.
So we sell a lot of digitalproducts every week.
We've got hundreds of dollarscoming in on average from

(04:36):
digital products that basicallysell themselves, and that covers
most of our living expenseshere.
It's kind of awesome.
We've got other higher valueclients and projects and things
that we work on as well, butthis is kind of the quote
unquote sleep money, thesemi-passive income, obviously.
Results.
You know, our results are nottypical.
It's gonna be based on your ownexperience and what you're able
to do.
But if you can create coursesthat people actually enjoy that

(04:59):
they like that, that move themforward in a given area of their
life, then you can certainlymake revenue from that, and it's
not tied to a specific number ofhours that you work.
This can include things likecourses, templates.
That are bundled together withthose courses, paid communities
or even cohort programs.
Amanda and I have runmasterminds where we've charged
anywhere from one all the way upto about$5,000 US per month.

(05:23):
And we were running thosemasterminds from other
countries, including Mexico andColumbia.
So you wanna use your clientwork to harvest repeatable
framework.
So look at all of the thingsthat you've done for clients in
the past and try to figure outwhat your framework is based on
that.
Number four, affiliate andcontent.
So these are things like nichemedia, SEO, or short form

(05:44):
funnels to affiliate offers.
You wanna always build one moneypage at a time, optimize that,
fix it, get it going, but youcan promote other people's
offers.
So an example is we have peopleapproach us all the time for
things like sponsorships, and wedon't do too many because we
really value.
The integrity of our channel,but occasionally for something
like a mobile data provider, uh,that worked with us when we went

(06:05):
on our honeymoon cruise lastyear, we were able to get free
data as well as a sponsorshipfrom that company just because
we have that channel.
Uh, that's something that is, iskind of related to affiliate
marketing because we do alsohave an affiliate relationship
with them.
Or every sim card, every every esim card that we sell, every
plan on that sim card that wesell, we get a small kickback.

(06:26):
So affiliate marketing is verysimilar.
You build an audience, you'lltypically build an email list,
you'll sell other people'sproducts to that list so that
you can get revenue from thatlist without necessarily having
to sell your own products.
Most of our revenue comes fromour own products and services,
but like I said, we do haveoccasional checks in the mail.
Like, Hey, here's$400, here's$200, here's$300, uh, that we
just get randomly every month ortwo.

(06:47):
And it's kind of awesome becauseall we really had to do is refer
either directly or through ourlist people to products that
they could benefit from.
Number five, micro SaaS andautomation.
So this is where you solve oneexpensive workflow problem for a
narrow niche.
So these are things like, uh, asmall utility maybe that you're,

(07:07):
you're, uh, integrating with aplatform like Keap and you've
solved a, solved a problem thatthat email marketing platform
has where maybe you're gettingextra data into somebody's CRM.
Maybe you're making that processor workflow more efficient.
You can always pre-sellsomething like this with a wait
list.
So if you're like.
You did a survey, you talked toyour audience on Facebook, on
LinkedIn, they said, Hey, I'mhaving this specific problem

(07:29):
with this software or thesegroups of software.
You can build something for themand in some cases you can even
do it.
No code you can use no codeplatforms.
No code DB is one example,although that's more, more
targeted towards databases.
But you could easily build likea mini CRM for a certain niche
in something like no-code db.
Uh, you could also use ai, theycall it vibe coding these days.
You have to be kind of carefulwith that.

(07:50):
Uh, for sure you gotta kind ofknow what you're doing as well,
or at least hire somebody, uh,to help supervise the AI or to
refine the code.
But they're very simple SaaS andother software things that you
can build relatively simply incharge of subscription fee.
So one example, and this isn'tquite a SaaS, but we do a lot of
infrastructure for our clients.
So we've got about a thousand to$1,500 per month in revenue on

(08:12):
average coming in from thingslike web hosting and web
maintenance that for the mostpart, it's set it and forget it,
right?
We have to get the client, maybeevery month or two they'll send
us a request that our team takescare of and it.
20, 30 minutes to handle.
But otherwise, it's mostly pureprofit and we're selling them
the peace of mind that ifanything comes up, then it will

(08:32):
be taken care of right away.
And if a company is doing six orseven figures in revenue, it's
not that big of a deal for themto pay three, four, or five,$600
a month for website hosting,maintenance, uh, email
deliverability and things likethat.
That's kind of similar and sortof fits into that micro.
SaaS, uh, category as well,right?
Or maybe it's just the hostingservice and you get a hundred

(08:54):
clients at$50 a month.
That's not a bad chunk ofchange, especially to fuel a
location independent lifestylewhere perhaps you're only
spending 30 or 40% of what youmight have been spending, uh,
back home.
Number six, e-commerce or printon demand.
This is especially useful if youalready own a channel, so maybe

(10:29):
it's an email channel, it's aYouTube channel, or you're
planning on building somethinglike that and you want to.
Be able to monetize thataudience so you can sell
products.
Uh, like it could even besomething like fulfilled by
Amazon where you're sellingother people's products or
having them, uh, ship yourproducts.
Maybe you're drop shipping,maybe you've got, uh, print on
demand or mugs or, or clothes orthings like that that match your

(10:51):
brand.
That would be great for yoursubscribers to have.
They'll pay you money for that.
Uh, you can make money sellingthose items, and you really
don't have to do too much otherthan put the designs together
and then promote them to youraudience.
Now we're gonna talk about moneyflows and tools that won't break
abroad.
So typically businesses willhave a merchant account,

(11:13):
something like Stripe or perhapsPayPal, uh, or another more
formal merchant account thatmaybe has.
Better fees and arrangements andthings like that.
And they're gonna use a toollike wise or wise business to
transfer money both tothemselves if they're living
abroad, and also to vendors thatmight be in the country that
they're residing in, the countrytheir business is in, or perhaps

(11:33):
another country.
So we've received money fromCanada via wise, we've sent it
to countries like India, we'vesent it to ourselves in Mexico.
We've also sent it to, tovendors and people that we have
in Mexico and other.
Countries because they do areally good job of not charging
you too much of a currencyconversion fee compared to doing
things like international wireswhere the bank kind of decides

(11:53):
what to charge you, and they'retypically not very friendly
about charging you.
A good rate.
Uh, if you are living in acountry like Mexico, for
example, you also want toconsider the tax system here.
You do need to have an RFC or atax ID number, and you typically
will issue invoices called uras,where you're, you're charging an
EVA or, or a VAT if you'refamiliar with the value added

(12:15):
tax.
In Europe.
Um, and depending where yourbuyers are from, there might
also be other taxes, whetherthat's sales tax or anything
else that they also have to pay.
We also recommend havingmultiple merchant accounts,
potentially separate merchantaccounts, depending on what line
of business.
You're selling from and always,always, always have, uh, a

(12:36):
backup.
I say this a lot on these videosbecause I have an IT background,
I just can't help it.
But they always say that two isone and one is none.
So if you only got one ofanything, uh, you are very close
to being totally shut down orcanceled or whatever.
You always wanna have.
Different types of backups andof course, keep the books clean,
right?
Avoid mixing your personal andyour business spend because that

(12:59):
can save you a lot of sleep atnight.
Uh, complexity in youraccounting, and of course things
like audits as well.
Now let's talk about some of the2025 tax numbers that matter.
And of course, this is gonnaapply to later years as well,
but we're gonna talk a littlebit about what the numbers look
like today, especially for us.
Expats to make sure that you arestaying compliant because no

(13:20):
matter where you are, uncle Samwants their money, so us expats,
no matter where they'recurrently living, still always
file taxes Annually.
You can exclude up to about$130,000.
Of income from federal taxes,that's active income.
So like the salary portion ofyour income if you're running an
S corp, like we are, uh, not thepassive dividends or anything

(13:42):
like that.
So be careful.
So you can, as of 2025, excludearound 130 K from your income.
Uh, from federal taxes, you dostill have to pay things like
fica, so the social security andMedicare, that still is part of
what you're paying yourself.
Via payroll, just so that youknow, and you also in some cases
are able to get a foreign, uh,to get a tax credit for your

(14:03):
housing.
It's called the foreign housingtax credit.
And there's a base, which is aminimum, uh, at which you can
actually start to write thatoff, which in, uh, 2025 is
approximately$21,000.
It's$20,800.
Exactly.
That's the base.
So you can only write offanything above that.
If you're living somewhere likeMexico and you're only spending
maybe six or seven or$8,000 ayear.

(14:25):
On rent, you're not even gonnaqualify for that, but that's
okay.
'cause your housing's cheap.
Not a big deal.
This is if you're somewhere likemaybe in the UK or somewhere
else where rent is reallyexpensive.
And then the general housing capis 30%.
So the base is typically 16% ofthe FEIE or like I mentioned,
around 31 k and the cap is 30%of the FEIE or$39,000.

(14:48):
So any amount between that, youcan also, uh, get as essentially
a tax.
Credit.
And then the way to qualify forthese sorts of things is by
either being a bonafide residentof a country, for example, we
help people get residency allthe time.
We just had a couple come downhere, stay in our, uh, beautiful
community here in the Lake ChipPaul area.

(15:09):
We help them get their Mexicanresidency because they're gonna
wanna qualify for things likethis.
They're also gonna wanna be ableto access investments here in
Mexico, which in some casesmight pay up to 17% per year or
more.
Compared to the three or 4% thatyou see, uh, playing the market
or putting'em in a savingsaccount or a CD or what have you
in the us.

(15:29):
So if you qualify throughbonafide residents, maybe you
work with us, uh, you go toentrepreneur expat.com/consult.
You book that call, within threeto six months, we can help you
have your entire residencysorted out and be a Mexican
resident.
Now you've.
For the most part, got bonafideresidents.
If you have that and you'reliving here, you're pretty much
Gucci, right?
Uh, you can also qualify throughphysical presence.

(15:50):
So if you're living in anothercountry or if you're outside of
the US at least for 330 days peryear, then that will allow you
to qualify for the physicalpresence route.
Uh, it's also important to note,and of course, always report
your income no matter where it'sreceived, but there's some
interesting changes that havebeen made in the last.
Couple years.
For example, in 2025, Congressrolled back the form, uh,

(16:14):
Congress rolled back the form 1099 K threshold to$20,000 and 200
transactions before it washigher.
And in 2026, it's gonna be aslow as$600.
So if you're using a platform,for example, like Venmo to
receive payments or Stripe orPayPal, it used to be that you
would need tens of thousands ofdollars per year.
In income in order for'em tosend you that tax form and

(16:35):
report that to the IRS now, it'sgetting much, much lower.
So it is really important to beaware of all of those little
details, and there's another fewreporting requirements as well.
So there's one called F Bar thatyou do have to do as an expat if
your foreign accounts inaggregates.
So like the total of all of yourchecking, savings, investments

(16:56):
and whatnot are over$10,000.
At any time of the year, you'regonna have to file that F bar
report, which is the SEN one 14.
And then there's also somethingcalled fatca, the F-A-T-C-A,
which is IRS form 89 38, andthat's higher thresholds for
those living abroad in terms of.

(17:18):
Money that they have indifferent accounts, which
typically can be around 200 to300 K if you're single or four
to 600 K if you are married.
So you want to consult your taxprofessional.
About that.
It's very, very important thatyou comply because the fines are
like super hefty if you do not,and you also wanna look at
things like tax residents inanother country.

(17:40):
So using Mexico here as anexample, because we're super
familiar with it.
If you do spend 183 or more daysper year in Mexico in a 12 month
period of time, or you have yourcenter of center of vital
interests here, then you may betreated as a Mexican tax
resident on your worldwideincome, which means that you may
have to pay taxes in Mexico.
On that US based income, they dohave a simplified regime, which

(18:03):
is called, uh, which potentiallycould fit solo consultants
depending on how you're billingand invoicing your clients.
So if you've got under three anda half million Mexican pesos,
which you can convert that toUSD, but it's, but it's pretty
hefty, like it's over a hundredthousand dollars, of annual
income us, then you only have topay around one to two and a half

(18:25):
percent on your receipts.
As long as you're charging theEVA as well.
That tends to be more for peopleworking here in Mexico,
potentially with Mexican andsome foreign clients.
But it's important to look atthat, as well as your
eligibility before you switchover to that.
The good news in terms of allthe taxes, and I know this is
kind of like stressful and maybeboring stuff sometimes.

(18:46):
I mean, believe me, it drives mecrazy, uh, to, to read a lot of
these international tracks, taxtreaties and things like that.
Uh, Amanda wonders how I evenget through it, but I'm just
sort of a nerd.
So I like to geek out on thiskind of stuff.
Uh, but there are treaties thatexist between the US and Mexico
so that you're at leastmitigating your double taxation,
but it doesn't erase the filingobligations you always have to.

(19:07):
File in most cases in bothcountries, and you're typically
just gonna pay the greater taxrate.
So if you would've owed, forinstance,$5,000 or$10,000 or
$20,000 in tax.
In the US and maybe you owedslightly more in Mexico,
typically you're gonna pay thatinitial amount to the US and
then the difference you wouldpay to Mexico having received a

(19:27):
credit for the taxes that youdid pay to the us.
I know.
I know.
There's nothing in life.
That's absolutely for sure.
But death and taxes, right?
So part four here we're gonnatalk about simple and proven
setups.
So there are a lot of differentways that you can structure
yourself, right?
Option a.
Maybe you're a solo serviceprofessional with foreign

(19:50):
clients.
The easiest way to do this mightbe to just keep a US LLC for
payments and contracts, takeowner draws.
And if you are a Mexican taxresident here for tax purposes,
report your income in Mexico,but also use, use the US foreign
tax credit and FEIE.
As appropriate and of course,align your books.
Make sure your books are cleanto make tracing easier.

(20:12):
Now we have an S corp justbecause that happened to be how
we had things set up and itdidn't really make sense to
transition off of that.
And they're also a little bitmore audit proof.
They're a little bit morestructured, uh, for certain
things, and they make it incredit a little bit easier than,
for instance, an LLC.
And there's other benefits if Ihad to do it over again.
Perhaps I would've just kept anLLC if I knew that I was coming

(20:33):
down to Mexico, because it doesmake things a little bit easier.
And since you're not paying alot of federal income tax
anyway, it's almost a wash,right?
Like between the LLC and the Scorp.
Option B is if you are a Mexicoresident and you're serving
Mexico clients, the simplestthing to do might just be to
register as an individual underthat plan or that.

(20:55):
Simplified tax regime.
You issue your CFDI invoices, orhere we call those factus, and
you charge and withhold eva,which is that value added tax
correctly, and then you makesure you keep the merchant
accounts clean between Mexicanand non-Mexican sales.
Then option three, if you're acontent or an affiliate
operator, then you kind of keepthe back office light.

(21:17):
Most likely you're gonna want touse a US entity for platforms
and ad networks because they'retypically easier to work with
internationally versus likeMexican banks and, and companies
and structures.
There's a lot of red tape here,believe me.
And then you track your 10 99 Ksand your other 10 99 forms, but
don't rely on them for, uh, allof your records.
You wanna look at your ownpersonal income ledger, which

(21:38):
maybe is in QuickBooks or someother.
System that keeps track of thoseas your single source of truth.
Now we're gonna talk about offerdesign.
So what you sell and how youwanna always start off with an
irresistible promise.
So that's one metric thatmatters, one avatar and one

(22:01):
timeframe.
Here's an example, we'll get youthree qualified business to
business demos per week withoutcold calls in just 30 days.
If you wanna be clear on yourdelivery model.
So typically the easiest way todo it is to start high touch,
especially as you're learning,as you're, as you're first
getting into this business,you're understanding clients,
then.
Get, get your feet, you know,kind of under you, like figure

(22:22):
out what the steps are, how itworks, make sure clients are
happy.
Then you can productize it intodifferent tiers and then you can
add a do it with you cohort aswell as a low ticket asset.
And you've got a lot of winsthere.
So.
You transition from just doingthe really, really hands-on
one-on-one work to now, hey,we're gonna do this process with
you, potentially even outsourcesome elements if you still, for

(22:45):
whatever reason, like we dorelocation services.
So it's not something where wecould just do it with you.
'cause there's so many layers ofcomplexity and legal matters and
things like that.
Uh, we do it for you, but we canalso.
Outsource a lot of those piecesto attorneys and other people so
that we're not responsible forall of the delivery.
And we've got our low ticketofferings as well for people who
just want a little bit moreinformation, or perhaps they

(23:06):
wanna try to piecemeal it and doit themselves.
On that note, if you like whatyou're hearing, if you're like,
Hey, I really want to work withyou guys, either for relocation
or you want some more support,understanding your personal, uh,
business.
Set up and the types of offersthat you can come up with based
on maybe your experience in thecorporate world or based on your
experience running businessesthat perhaps were not quite what

(23:28):
you wanted, you know that you'vegot the skills and you could
level up and build somethingthat is a six or seven figure
business that you can runremotely, then you can
definitely book a call with ourteam.
Apply for that.
Call at Entrepreneur.
Apply for that call.
Apply for that.
call@entrepreneurexpat.com slashconsult.

(23:49):
So pricing, you wanna lead withyour outcomes, not your hours.
Nobody cares how long or howhard you worked on something.
What they care is that they'regetting the result.
So you can offer like some typeof performance bonus or kicker
if your fulfillment's reallyairtight, but you want to be
clear that you're selling theresults you're buying.
Get this result in this time,right, without other, uh,

(24:12):
potential.
Hardship or, or challenge,right?
You, you're trying to make thissimple.
Typically, we recommend that youstart with one channel.
For us, YouTube is the primarychannel.
It's the primary method that weget business.
We build a lot of inboundtraffic through YouTube, by
people downloading our leadmagnet schedule and consults and
whatnot as well.
For business services, maybeyou're gonna focus more on the
outbound, maybe you're going togo to LinkedIn.

(24:35):
That's a really good one.
Uh, for products, you're, you'retalking typically about content
and emails, so you're building aton of content.
Maybe on YouTube, maybe onInstagram, if it's like a
physical product business, maybeon TikTok, you're getting people
on your email list.
Then you're emailing them,you're sending them offers.
Perhaps you're sending themoffers via text message as well.
You capture those phone numberleads too.
And for SaaS companies, a lot ofthe time you're gonna start off

(24:57):
with founder led sales, and thenmaybe have a partner program,
figure out who can sell this foryou, uh, for a commission, just
like the affiliate thing wetalked about, but from the
reverse side.
So now we're gonna address riskcontrol and don't do this lists.
So these are the things that youwant to make sure that you
absolutely do not do, especiallyif you're trying to have a

(25:17):
business and an internationallifestyle.
Number one, you don't wannacommingle your personal and your
business funds, especiallyacross borders, really
dangerous.
You have compliance issues,you've got potential, uh, other
issues.
You just don't want to do it.
Don't promise specific outcomeson the internet.
You always have to make surethat people understand that
their facts drive their outcome.

(25:39):
Their own unique situation iswhat actually drives the results
that they're going to get.
And don't ignore, tax residencycounts.
So if you're in a country fortypically more than about 180 or
183 days.
That's when a lot of countrieswill consider you a tax
resident, whether that's Mexicoor Columbia or other countries.
So you want to track the daysyou're in a given country and

(26:00):
keep your receipts.
Make sure that if they ask,you've got that proof later.
Look at your exit stamps,document absolutely everything.
And also don't assume, uh, ifyou're getting like platform tax
papers, like those 10 99 case,don't assume that just because.
Let's say Airbnb or Stripe orVenmo did not send you a form
that you don't owe taxes on it.
That's super dangerous.

(26:21):
You wanna always report yourincome, especially in the us.
If you did not get a 10 99 K, itdoesn't matter that you received
it or that you did not receiveit.
It is still absolutelyreportable.
I know we covered a lot ofground here.
I'm trying to give you guys aton of value and and cover every
detail when it comes to makingmoney online.
Moving abroad, how to reallyjust create this holistic kind

(26:43):
of enterprise that works welland that doesn't burn you out
just like the businesses that wehave here.
So, as always, make sure youlike this video.
It helps us a ton with ourmission of reaching a million
entrepreneur expats and aspiringexpats.
Give it a thumbs up that helps,uh, the algorithm a lot, hit
that notification bell andsubscribe so that you don't miss

(27:03):
a single video.
And if you want to take things.
To the next step.
Definitely book that call withus@entrepreneurexpat.com slash
consult.
And we're also gonna includesome brand new recently released
programs that we have, like onethat's called the Expat Income
Accelerator, where we talk aboutsome of these things more in
depth and we te we walk youthrough.
Here are the ways that you canactually make income as an

(27:25):
expat.
It's currently on sale for just$97.
You can get it right below thisvideo.
Thanks again for joining us andwe'll see you again next time.
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