Legally Different®
When a 9-5 Becomes Taxing // with Kathy Di Paolo of Wanderers Wealth
Episode Summary
I chat with Kathy Di Paulo – a qualified Australian tax lawyer from Switzerland turned entrepreneur and free spirited adventurer. She’s the Founder and CEO of Wanderers Wealth, an international tax consulting firm which helps people who live a global lifestyle (digital nomads, expats & remote workers) with their international taxes and corporate structuring. We dive into Kathy's path into law, why/how she quit her 9-5 legal career, the creation of Wanderers Wealth and so much more....
Episode Notes
I loved this conversation with Kathy. One reason she's Legally Different to me is the duality that she authentically embodies. She’s a self confessed tax geek (basically, she's tax wonder woman!), yet she’s also this cool, free spirited adventurer and entrepreneur. She is breaking down so many pre-conceptions about tax and legal professionals. I just love how pioneering she is and the way she does things.
💫 Episode Details:-
- Getting to know Kathy – some background
- Path into law
- Early international ambitions and craving work with impact. Working for the Swiss embassy in Canberra, Australia.
- A masters in law on the Gold Coast - “Out of diplomacy bubble…and having to start from scratch”. Practical legal training at a tax law firm around study and part time work.
- Qualifying as a lawyer in Australia and starting her career in tax law.
- Transitional period
- Pivot period feelings and the final tipping point…having to put in another holiday request….”is this really it!?”.
- Quitting her career and travelling.
- Finding love and the digital nomad way of life in Bali. The proposal…."do you want to come travelling with me?".
- The birth of Wanderers Wealth
- Tax talk over the dinner table with some confused digital nomads in Bali.
- Creating WW – initial challenges, nerves and learning curves.
- How WW helps digital nomads, remote workers and location independents. That typical problem: when you are everywhere and your clients are everywhere – where do you pay tax and how should you structure things to suit what you are doing in the best way?
- The current tax climate and how it’s evolving
- Developments in digital nomad taxation with a focus on Estonia leading the way; e-residency programme and digital nomad visa.
- Digitalisation and globalisation.
- Impact of coronavirus: remote working trend and the tax landscape.
- Entrepreneur life
- Why Kathy loves working for herself.
- The current meaning of success – working hard vs ease and taking care of yourself.
- New exciting projects and focuses for Kathy + WW.
- WW’s online course and an exclusive offer for the Legally Different community – a self guided course to help you create your own tax strategy.
- Next country on Kathy’s list (when things open up).
- Closing up
- Final juicy question followed by some final powerful takeaway advice from Kathy.
💫 Exclusive Legally Different offer:-
"TENOFF" is the code to use for a 10% discount on the Wanderers Wealth e-course
💫 Kathy's contact info:-
💫 Legally Different contact info:-
I hope that you enjoy this episode. I'd love to receive your feedback and connect with you more.
Thanks
Lauren 💛💫