Why I Would NEVER Start a Business in South America

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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?

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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.