Jim Rogers - Should You Move to Singapore?

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Uploaded by on Mar 14, 2011

For the latest Jim Rogers, go to http://JimRogersBlog.com -

The current president ran on two main platforms. This genius says that he is going to tax capital. He also says that he is going to protect America from the rest of the world. Both of these policies are going to be huge mistakes.

America is making it very difficult to come here as a tourist. Banks around the world won't take Americans as clients because they are so difficult to do business with. Saudi Arabia won't let people use the Internet unless they approve it. The world is opening up, but a lot of mistakes will be made along the way, and governments will put up a lot of resistance.

Right now, America is the largest debtor nation the world has ever seen. 30 years ago, America was a creditor nation. There was massive immigration into the United States because this is where the opportunity was. Now, they are going to be going elsewhere.

Everybody needs outside ideas and outside capital. People have tried to close foreigners out, but it usually ends in bankruptcy and other problems. North Korea and Cuba have done that, and it doesn't work.

Singapore is a great place to move to. If you are smart or have capital, then they want you. You can get along fine speaking English.

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  • He's right about accouunts. I am an American living in the CIS and I can only open a general bank account and a savings account.  I can't open any kind of investment account here because of my U.S. citizenship.

  • You could say 'excuse me' ..... (wait for an acknowledgement)

    'Do you speak __?' Or, 'By chance are you from__?'

    And then you share some details about your life, make a comment about a certain food from a certain region that is relevant to them...

    Sometimes I'll ask, 'Will you be traveling back home in the next couple of years?'

    Make it interesting for them and then offer your email before saying goodbye.

    In the end you will see that that minute may be the start of your travels in Asia

  • Now I go to Asia every year for vacation, and I will move there to live in no more than the 3 to 5 year future.

    The key to my having been able visit Hong Kong, Shanghai, Taipei, Kauhsiung, Xiemen, Fuzhou, Shenzhen, Islamabad, the Khyber Pass, Lahore, Karachi, Manila, Makati, and other cities in Asia... have primarily been based upon my ability to say hello to people on the street, really 'anywhere', in order to bigin a conversation.

    You could ask for directions. You could say 'excuse me'....

  • continued...

    I stood up and paced the floor... and I spoke with conviction about my desire to live and work in Asia!!

    Obviously, I was selling the hiring authority, the decision maker, on the other end.

    I got the job and moved to Taipei, Taiwan!!!

    On the plane ride over I was with two other guys from the LA area who had been hired by the same firm.

    My point is that you need to get your head into having some reason to get over there.

    Now I go to Asia every year for vacation, and will move...

  • I always wanted to live in Asia and then I deciced to move to China-- and almost did -- without a developed plan.

    And then one day (in 1999) I was reading the classified section of The Los Angeles Times, actually the employment section. I turned to 'STOCKBROKERS' even though I am not now nor have I ever been, a srockbroker. And there it was!! An ad that stated: "NASD Licensed Broker Dealer Seeks agressive brokers for Asia office"

    I dialed the phone number.

    I stood up and paced the floor...

  • This man makes sense. I saw this coming as SOON as Bush was voted in for the 2nd term 6 years ago ! We're looking at a downward spiral of the west.

    We're going to see the rise of the East. But its going to be a cut throat race.

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