Location Sovereignty

location sovereignty

On July 4th 1776, the Declaration of Independence was signed in the US – “We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty, and the pursuit of Happiness.”

What do we do when the right to life, liberty and the pursuit of happiness gets usurped?

 

Location Sovereignty

Being able to remove yourself from an environment that you dislike is a right of yours. If you don’t like someone’s company, you can leave. On the other hand, if you don’t like the direction a country is heading it is much more difficult to simply up and go – but there is a way, and it is getting easier.

There are many countries in the world that you can move to, who value freedom and give you the opportunity for citizenship through various means.

 

Speed

Moving from one location to another is a defence mechanism against tyranny – and it seems we are quickly getting tot his point right now. I know many people and high-level entrepreneurs who are moving countries every few months to feel for the countries that value liberty.

We have never had the opportunity nor luxury to move around the world, and earn a living as we do today with the level of technology available to us.

One idea I share with people is not owning their property (other than rental Real Estate), because of how illiquid the asset is. How will you be able to ‘up and leave’ if it takes six months to sell the property and leave the country? 

It is far more effective to rent a property, keep hold of the cash you’d put down for a down payment or put it in a more liquid investment vehicle; such as the stock market which you can access quickly.

  

Decentralisation

The world is moving towards decentralisation. People need to be aware of what that entails and the level of responsibility required to take advantage of the opportunity it presents. 

Having location sovereignty – the ability to move whenever and wherever you want (within reason) is a potent tool. You can position your life to make this happen, whatever your current circumstances.

 

 

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