I was talking with some friends recently about the benefits of gold vs. owning a home overseas. There isn’t a real fail-safe option that satisfies all scenarios.
– Gold can be confiscated (or stolen).
– A house overseas (in addition to all of the regular problems with owning real estate) can be taken or lost. Squatters, title theft, laws banning foreign ownership, etc…
Even having a self-sufficient ranch of your own here in the States: You could lose it in a fire. Or you could be forced to leave it due to an unforseen environmental catastrophy.
So– the question I’ve been asking myself is: In the event of a “Get Out Of Dodge” scenario, what would allow you to be immediately welcomed into a foreign community? (Foreign being either here in the States or overseas).
The first answer that came to my mind was: Be a trauma surgeon. But I have neither the intellect nor the desire to learn to be a trauma surgeon.
The second idea that came to mind would be to: Become a celebrity within a certain niche. A niche that has a broad international network of people who might be willing to take you in, or at least help you get back on your feet.
Take Jiu Jitsu Master Royce Gracie, for instance: There are Jiu Jitsu clubs all over the world. He could literally go anywhere and get a job teaching, almost instantly. Because of his celebrity status within the niche, he’d find no shortage of people willing to take him and his family into their home and help him get back on his feet.
Now that’s real security!
I’ll never be Royce Gracie. But I might be able to get good enough at one or two niche specialties that it would afford me access to communities all over the world, more or less. The secret to doing this would be:
1. Become really good at something. I.E. A champion or expert.
2. Promote yourself within that niche. Make friends. Build networks. Help other people reach their goals.