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How to Navigate Financial Challenges When Moving Abroad With Jenny & Kevin | EatBailaTravel
Manage episode 443935468 series 3437208
Innhold levert av Israel and Sunem Tovar and Sunem Tovar. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av Israel and Sunem Tovar and Sunem Tovar eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.
#91: In this episode of Money Noticias Podcast, host Israel and Sunem are joined by Jenny and Kevin, two Mexicans from Chicago who decided to migrate "back" to the motherland. Both of their families migrated from Mexico to the United States before they were born. In 2021, with dual citizenship and the urge to feel closer to their roots, they moved to Mexico, living nomadically for the first two years before settling in Mexico City. Now, with life’s many twists and turns, they are looking to move on from Mexico City as they figure out where in Mexico they want to make a permanent home.
Episode Takeaways
- Moving to a different country takes financial planning and saving.
- Taking calculated risks can lead to financial success. Jenny and Kevin took out their retirement savings to invest in a plot of land in Puerto Escondido, which has since doubled in value.
- Having a clear vision and goals for the future can guide financial decisions.
- Leveraging credit card rewards and travel hacking can make travel more affordable.
- Being intentional with spending and prioritizing experiences over material things can lead to a more fulfilling life.
- Obtaining dual citizenship with your heritage country can provide more freedom and opportunities.
Connect with Jenny & Kevin
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Other Resources
- Are You Paying the First-Gen Tax?
- How to get your Mexican Citizenship | Prepare for your dual citizenship as a Mexican-American Pt. 1
- How to Financially Prepare for Moving Abroad: Lessons from Mexico City
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