
The Escape Artist - FIRE in the UK
Muhammad Amare
Description
<p>I have some big news…</p> <p>I am now a British citizen!</p> <p>In honor of finally getting my UK passport, and therefore completing this long journey to citizenship, I am releasing my UK FIRE episode.</p> <p>Barney, from The Escape Artist, joined me in my Edinburgh apartment (before the pandemic) to discuss all things related to financial independence and early retirement in the UK.</p> <p>Hope you enjoy it!</p> <p>Highlights</p> <ul> <li>The cultural differences between US/UK that affect pursuing FI</li> <li>How to escape from the prison we create for ourselves</li> <li>Translating US investing terminology to the UK (e.g. 401k→pension, IRA→ISA, etc.)</li> <li>Is it easier to reach FI in the US or UK</li> <li>Class structure in UK and how pursuing FI forces you to traverse all classes</li> <li>Why FIRE isn’t bigger in the UK</li> <li>Difference between the different types of ISAs</li> <li>Is tax hacking possible in the UK</li> <li>Real-estate investing in the United Kingdom and the fantastic Rent-a-Room scheme</li> <li>How to use geographic arbitrage to reach FI sooner</li> </ul>
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The Escape Artist - FIRE in the UK
Muhammad Amare