Millionaire Expat, Second Edition: How To Build Wealth Living Overseas

Where was this book when I first moved overseas?!? It would have saved me a lot of time, frustration, and cash. Did anyone tell me (or you) which US financial accounts I really, really needed to open BEFORE moving overseas? That there is currently one best brokerage option now that I'm overseas? That I could no longer fund an IRA while overseas? That investing in foreign mutual funds as an American, can result in a huge tax burden? This book isn't about shady offshore investing, get-rich-quick schemes or tax evasion. It's mostly about avoiding the wolves, investing legally and tax efficiently in index funds that are safe for expats, and gradually watching your meager funds grow into something you can afford to live on and retire on. I've seen US expats return to the US with no home, empty pockets, and broken dreams, because they weren't aware of vital tax, planning, and investment principles. That could have been me; it almost was! I've read tons of information on investing and tons of information on expat finances, but I have found nothing like this book or the author's website that combines those two issues. The author was a teacher of personal finance at an international school. You can feel his teaching skills, financial expertise, and expat experience on every page. He's not only informative but also generous with his advice (see his site) and funny too! I repeat: Where was this book when I first moved overseas?!?

As stated in the opening pages of this book, I wish my employer had included a copy of this book in my welcome package. I think it is a must read for any new or experienced expat. Andrew Hallam does a great job detailing the risks, rewards, and the steer clear of's when saving for your future as an expat. I have tried to read several books about investing, and saving for retirement and all have been put down without many pages bent. In contrast, I have eaten this book up in less than a week, the style of writing is very easily understood and the stories coupled with charts and actual evidence Mr Hallam uses keeps you interested and informed. Bottom line, if you are a expat or thinking of investing for your future, do yourself a favour and read this book.

The book is a bit repetitive, which isn't necessarily a bad thing for some people. As easy read, with good examples of how not to get ripped off when living in unfamiliar cultures. There are suggested financial advisors for different situations. Would be interested in more info on foreign markets.

This book is an absolutely must-read for everyone, not just expats. Andrew Hallam is not only a great writer but he is a legitimately good person with a willingness and drive to help people. This book contains valuable information in every single chapter, for every nationality I can think of. I can't imagine what my life would be like in the future if I hadn't read this book. Now, I have a clear goal for savings that I'm actively meeting and a great idea of where, how, and when to retire. Possibly the most helpful book I have ever read in my life.

Of the 4 investment books I have read the last few weeks this is the most practical of the bunch. As mentioned by other reviews, the book is filled with long stories of Expats that have been robbed by “Financial Salesmen”. It is easy to skip over these and dive into a wealth of knowledge in the book. I found the following very useful. Tax implications for expat or offshore investment. Good international Brokerage firms with their price profiles. Specific index funds or groups of funds that the author feels is good value for money with good diversification Tried and tested advice that is backed up with excellent data and references. Wish I read this book 15 years ago when I started working. Thx Andrew!

This book is simple, yet brilliant. It shows how anyone can build a portfolio of index funds. These funds are recommended by Warren Buffett and Nobel Prize winners in economics. It's clearly written and very instructive. Great book!

The earlier version of this book gave me the confidence and know-how to take ownership of my money management. I'd been feeling paralysed about how to make my retirement funding work for me for several years but Andrew's hands-on, practical advice got me up and running and I haven't looked back. It's great to have this new version with updated information. I'm a bit sorry Andrew has only included one portfolio style this time round (the 'couch potato portfolio'). For those of us who built a portfolio around one of the other model portfolios, it's a bit unnerving that they have now been dropped from this edition.

Everyone who wants sound investment advice needs to read this book. Andrew Hallam uses humor and extensive research to support a practical approach (couch potato) to creating financial freedom. I read his first book, Millionaire Teacher and knew I needed to update my skills by reading Millionaire Expat. I implemented the "couch potato" investing, realigned my values of saving money, invested in low cost index funds, and created a plan to retire on 4% of my savings each year. This is a must read for expat teachers!

Wish I had read this book a few years earlier! Superb guide to make our hard earned funds steadily grow and to keep the unscrupulous so-called-fund managers at bay!

Andrew comes highly recommended for his books and many articles and videos!! I have been investing for about 25 years but after reading his books, Millionaire Expat and Millionaire Teacher, articles and watching some informative videos it was like a lightbulb coming on. He has changed the way I think about investing and appreciate his hard work and dedication to the subject. I can now say I am way better prepared for my retirement than I was a few months ago. Thank you Andrew!!

Thanks to Andrew I started investing for my retirement. Highly recommended to educate yourself in this complicated topic about easy investing and retirement plans.

Même si le livre est avant tout destiné aux expatriés, je trouve que même ceux qui vivent dans leur pays devraient avoir un plan de retraite. En effet on ne sait pas de quoi l’avenir sera fait et il est important de ne pas être dépendant de son gouvernement. A travers ce livre vous apprendrez à vous constituez un portefeuille de qualité et équilibré.

The guy who wrote this book was a teacher in Singapore and also wrote a book on financial planning for teachers. This book expands the net to all expats. He lists the issues with listening to/trusting financial advisers and provides a good rough guide to how to look at investing and planning for retirement. Of particular interest are chapters directed to people from specific countries (e.g. US, UK, AU, CA etc), which are useful at highlighting specific issues that apply to people from each country. All in all, a good read for those staring to think about financial planning for themselves.