If I Could Only Live in One Tax-Free Country…

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Nomad Capitalist

Nomad Capitalist

Күн бұрын

Пікірлер: 1 100
@LGandM
@LGandM 3 жыл бұрын
Only visited Dubai for a quick 24 hour visit, and while I am comfortable in the Cayman Islands, I'd rather live in Mexico or Serbia etc and pay whatever taxes they want, than live in the UAE or on any tiny island. Good points about enjoying life, being surrounded by genuinely friendly/happy people makes all the difference.
@KJ-bc3de
@KJ-bc3de 3 жыл бұрын
Youre not enjoying the caymans? What are you finding you dont like? I heard it was one of the more liveable, and expensive Carribean Islands
@Sanyu-Tumusiime
@Sanyu-Tumusiime 2 жыл бұрын
indoor skiing mountain. bro i'd just live in dubai.
@seacentral
@seacentral Жыл бұрын
Hey are you still in the Cayman Islands? We’re considering moving there from the Bahamas because it’s much more modern and has little to no crime
@SenorJuan2023
@SenorJuan2023 Жыл бұрын
Dubai way too hot. Some things are worth paying money for (e. g. climate).
@aftaabmd8844
@aftaabmd8844 Жыл бұрын
I rarely write comments, but you genuinely are really good at what you do. Appreciate the free content here, lots of these are my ideal life.
@nomadcapitalist
@nomadcapitalist Жыл бұрын
Thank you.
@coronadolivin2030
@coronadolivin2030 3 жыл бұрын
Panama is really good. We pay no taxes on our property forever because it is registered as being under $125K. There are no taxes on any money made outside the country. Also we pay no Canadian capital gains taxes because we are non residents. We can buy stuff on Amazon tax and duty free if it's under $100. The only tax we pay is a 7% sales tax. One thing no one seems to mention is WHERE you live WITHIN a country is just as important as WHICH country you choose to live in.
@YonderPreneur
@YonderPreneur 3 жыл бұрын
Hi, I’m also Canadian and the taxes on me are driving me crazy. I have loved in Mexico is Panama more modern then Mexico in your opinion?
@gbessone
@gbessone 3 жыл бұрын
Hey im considering doing my residency in Panama. Is there Amazon there?
@Оранжевоенастроение-п3щ
@Оранжевоенастроение-п3щ 3 жыл бұрын
Canadians as well, so tired of living paycheck to paycheck. Actively looking for options.
@javi___
@javi___ 3 жыл бұрын
@@YonderPreneur Not at all Panama way under developed compared to Mexico
@chrisb236
@chrisb236 3 жыл бұрын
@@gbessone they also have mercadolibre... it's a latin amazon
@MatthewPFoley7
@MatthewPFoley7 3 жыл бұрын
I love what you say about not wanting to be part of the 4 year cyclical voting cycle, team red vs team blue. Its sooo draining and I'm not about it at all.
@ronisedaluz2355
@ronisedaluz2355 3 жыл бұрын
Liked and subscribed at “I just want to enjoy my life”. Same here. Same here!
@kirstymcintyre5386
@kirstymcintyre5386 3 жыл бұрын
I’ve lived in the UAE for close to 10 years and the lifestyle is hard to beat. Dubai in particular has most of the benefits of any other city (it’s multicultural, you have access to most of the shops and brands you have in the US or UK, as an expat you can have a very active social life or choose to live quietly). There are downsides of course, once the novelty of tall shiny buildings wears off you miss nature and a certain ‘quirkiness’ that you can find in other countries. That being said if you can live here and spend 3 or 4 months overseas to avoid the harsh summer heat, you can soak up all the nature and culture you miss during that time and return back to a very safe and very comfortable lifestyle. Also, it’s a great travel hub where you can take a long weekend trip to parts of the word like Africa, Seychelles or Maldives for a reasonably low price and quick flight.
@37tara
@37tara 2 жыл бұрын
True
@ranjithpowell6791
@ranjithpowell6791 2 жыл бұрын
I think Neom is going to be the place to live in 5 years
@d.fenestrator9529
@d.fenestrator9529 Жыл бұрын
#endslaveryDubai
@mrbushlied7742
@mrbushlied7742 3 жыл бұрын
I have been living and working in Nassau Bahamas for the past 6 years. The lack of income taxes notwithstanding, the cost of living here is very high. Food costs 2 to 4 times as much as the USA, as do most other things. Petrol is $4/gallon.The infrastructure is very poor. The roads are like the surface of the moon and there's flooding every time there's heavy rain. The crime rate is also high. As for taxes, there's a 12% VAT on most items. If you have items shipped from abroad, the tax duties can be as much as 50%. As the availability of many items in the Bahamas is lacking, you will have to frequently order items from abroad. Before the Bahamas, I lived in Abu Dhabi for 5 years. The UAE has the best infrastructure in the world. In 5 years, I never encountered a pothole. Crime in the UAE is almost non-existent. Of course, you never have to worry about rain, but there are sand storms and heavy fogs in the winter. As for shopping, anybody who says that money can't buy happiness hasn't been to the Dubai Mall. The UAE can easily satisfy the most rabid shopaholic. Keep in mind that the temperatures in the UAE can reach 50C (120F) in the summer. This could easily kill an old or unhealthy person. As I still own property on Rheem Island worth more than 1M AED, I could easily obtain an Emirati visa. However, I don't think the UAE is a good place to retire. I've decided to live in Armenia in the summers and Vietnam in the winters.
@TheWanderingInvestor
@TheWanderingInvestor 3 жыл бұрын
Very unique combination. I completely understand though - great plan in two lovely countries. Well done.
@tompotlatch
@tompotlatch 3 жыл бұрын
Thanks for pointing out the very high indirect taxation in the Bahamas. I also note the ridiculous markups by importers on retail products there.
@SultanAbdulRehman
@SultanAbdulRehman 3 жыл бұрын
Georgia in summers is a good option too!
@xxxs8309
@xxxs8309 3 жыл бұрын
Armenia is nice in summer and cheap
@therevolution91
@therevolution91 3 жыл бұрын
Did you guys notice the Winter problem? I tried to solve it with a place to live where the Winters are mild and the cost of living is low: Sandanski, Bulgaria. But of course I am also a rabid shopaholic. So: I think about Thiruvananthapuram, India. (because I need a car, too;-PPPeace Nic, The Swiss Xxx Digital Nomad
@mishapravdov1732
@mishapravdov1732 3 жыл бұрын
Personally, I could never understand the attraction to UAE. Hot, desert, new tall buildings and shopping malls. Yes, there is a lot one can do there, but the whole thing seems artificial. Paying no taxes is nice though.
@mishapravdov1732
@mishapravdov1732 3 жыл бұрын
@@henrik4438 Who says US or Christianshavn, Copenhagen are atractive? Desert is fascinating for 2 days for me personally. Again, this is my opinion. I would say, if Tuscany or Provence had the same tax laws no one in the right mind would live in the UAE. It is ugly, in my opinion.
@SultanAbdulRehman
@SultanAbdulRehman 3 жыл бұрын
@@henrik4438 and healthcare is affordable with right kind of insurance! Ton of places with low rise and villas. There's something for everyone here in UAE!
@xxxBradTxxx
@xxxBradTxxx 3 жыл бұрын
Sounds like Phoenix 😂
@francaismontenegro
@francaismontenegro 3 жыл бұрын
Totally agree with you, Dubai sucks
@jaxxbrat2634
@jaxxbrat2634 3 жыл бұрын
No taxes means they will only grow
@babulah8447
@babulah8447 3 жыл бұрын
"I just want to enjoy my life" ... Great line.
@babulah8447
@babulah8447 3 жыл бұрын
@@twnb7733 How old was Noah when he passed over?
@babulah8447
@babulah8447 3 жыл бұрын
@@twnb7733 but less than 1000...
@babulah8447
@babulah8447 3 жыл бұрын
@@LAHEX-yt6ux Dr Masuru Emoto has done fascinating research in sound...
@AlexTheReturn
@AlexTheReturn 3 жыл бұрын
Great view, great human. 🌞
@solarwind97
@solarwind97 3 жыл бұрын
I wanted to like this comment but it's exactly at "100" likes so I just let it be.
@anthonykeller5120
@anthonykeller5120 3 жыл бұрын
My retirement income is tied to the US, so I pay a ton of taxes there. Having said that I’ve retired to the Philippines as a widower. All my money is tied to US banks, and any consulting income (I still do a spot of work now and then) also goes into US banks. I pay zero Philippines income taxes on any of my US income. I moved to the Philippines, because I like the cost of living, the fact everyone speaks English, most people are Catholic (Christian values), everyone I have met is friendly, and so far my girl friend has treated me better than US women I’ve met. The only part about this “retirement” is the amount of paperwork involved in just the day to day US grind. My late wife used to do it while I was globe trotting around the world, but now I feel like I’ve inherited an unwanted job. The Philippines may be a cash society, but I get by with a minimal amount of paperwork...enough ranting. I need to be fishing.
@792x33
@792x33 3 жыл бұрын
Wow, that's great! Thanks for sharing your experience. Can you recommend some good areas in the Philippines?
@londonlife1015
@londonlife1015 3 жыл бұрын
That’s a brilliant country for retirement
@stevenvanderheide6472
@stevenvanderheide6472 3 жыл бұрын
@@792x33 Palawan, Cebu, siargoa, siquior. Angelas.
@kobrakai187
@kobrakai187 3 жыл бұрын
But covid lockdowns are very strict, no?
@CGV.69
@CGV.69 3 жыл бұрын
Sounds like the dream
@larryn500
@larryn500 3 жыл бұрын
I live in Abu Dhabi and personally feel both Dubai and Abu Dhabi are amazing cities to live in. English is an official language, about 88% of the population are expats from all over the world, and the people are very friendly. Abu Dhabi is identified in numerous studies as the safest city in the world, with Dubai not far behind. With the global diversity in cultures, you have the opportunity to get to know people from all over, including countries sometimes considered verboten, such as Iran, Iraq, Pakistan, Syria, Beirut, etc. In doing so, you discover that people the world over have common core values. At their heart, all people want is just to live their lives in peace, and to make a better life for themselves and their families. Somehow, in the UAE, it just works.
@jeffb.140
@jeffb.140 3 жыл бұрын
It sounds all well and good but how do you handle the heat though?
@kunjomani
@kunjomani 3 жыл бұрын
Would you choose Istanbul or Dubai?
@SultanAbdulRehman
@SultanAbdulRehman 3 жыл бұрын
And Abu Dhabi is more laid back compared to Dubai. Both are amazing places to live indeed!
@echo5394
@echo5394 3 жыл бұрын
I hear such mixed opinions about the niceness of people in Dubai
@2ndhandanxiety719
@2ndhandanxiety719 3 жыл бұрын
Isn’t drinking alcohol banned there unless you’re in a hotel or something?
@Flandria55
@Flandria55 3 жыл бұрын
Very surprised that Panama was not mentioned. I worked and lived for almost 3 years in the Gulf States, now living in Panama. Dollarized currency, climate in the highlands,proximity to US, availability of food choices (New Zealand butter, Australian wine, French Cheese, etc) Amazon deliveries very easy...
@Koifishpanama
@Koifishpanama 3 жыл бұрын
Tnx Berbo,,i live in Panama for 17 years ,,,and very happy,,im Dutch (Captain) and work all over the world,,middle East for more than 10 years,,,and now heavily into crypto trading ,,,for my pension
@chazsroczynski5666
@chazsroczynski5666 3 жыл бұрын
Haha. How do you get Amazon to work well for you? I have such a hard time getting anything sent. The whole no zip code thing really seems to mess everyone up.
@MCWhiffles
@MCWhiffles 3 жыл бұрын
Panama has tax
@chazsroczynski5666
@chazsroczynski5666 3 жыл бұрын
@@MCWhiffles only on money generated from within Panama. Which for most expats living here is $0.
@MCWhiffles
@MCWhiffles 3 жыл бұрын
@@chazsroczynski5666 That still does not make Panama by definition a tax-free country which is why he did not include it in his list.
@BucketListTravellers
@BucketListTravellers 3 жыл бұрын
Definitely agree with your sentiment about being somewhere where the people are nice. It makes such a big difference! We've been living in Nicaragua for the last year and the people around us have made us feel so welcome. Also loved how you called out Bangladesh for having super friendly people - that's been our experience as well!
@Kareem_Alcindor
@Kareem_Alcindor 3 жыл бұрын
Not sure that the UAE is a place where you want to plant a flag, if you are in Transit, sure, you can spend some time there, but to live there, you have to be willing to look the other way for a lot of things. First, the incredibly racist 2 way system, the fact that for employment, companies have 2 HR departments, one for Tier 1 Passports and the other for nationalities that are being taking advantage of (Indian, Nepalese, Bengali,etc) The whole country has been built on slave labor. Further, you could be an Arab speaker, lived in the UAE for 20 years, you will always remain a stranger, despite talks of the opposite, citizenship is never granted to people besides full Emiratis. These are few examples of how the system works over there.
@asimayyubi397
@asimayyubi397 3 жыл бұрын
He made it clear that the video is not about all those things. The video is about "tax free" countries.
@DynAmisch69
@DynAmisch69 10 ай бұрын
Did you know that literally every country is built on slave labor?
@paulpierce7387
@paulpierce7387 7 ай бұрын
It isn’t slave labor is you do it voluntarily and are paid.
@Kareem_Alcindor
@Kareem_Alcindor 7 ай бұрын
@@paulpierce7387 Voluntarily and paid?! They bring those foreign workers, confiscate their passports (preventing them from leaving) and withhold their pay, forcing them to repay a debt that is fictitious with the goal of taking exploiting them. You need to get informed Paul, you sound like a slavery apologist.
@searlearnold2867
@searlearnold2867 3 жыл бұрын
Vanuatu works for me. 80 islands, sailing, scuba diving, snorkeling, surfing and kite-boarding. The financial services sector is no Switzerland or Singapore, but the tax regime is looking pretty good compared to Canada. Wonderful people, living simple lives. Plus, like a bunch of Pacific island nations, they shut their borders for Co-Vid, but life continued on the ground without ridiculous lockdowns and confinement. Surf's up !
@christianpeacecraft552
@christianpeacecraft552 3 жыл бұрын
Where is this?
@jasminerose3138
@jasminerose3138 3 жыл бұрын
I am in Vanuatu as well. So true. But very expensive here as well.
@sgill4833
@sgill4833 3 жыл бұрын
Yes this covid thing is making look for good places to get away. I'm basically cut off from society anyways. Never leave my house anymore.
@4nt4r4y
@4nt4r4y 2 жыл бұрын
@@christianpeacecraft552 pacific ocean
@laurymelo5741
@laurymelo5741 2 жыл бұрын
I dont think he said you have to be stuck in Vanuatu to get the tax benefit, he said you dont need to. But the hypotethical question was if for whatever reason you had to be where would he go
@westonbadke5434
@westonbadke5434 3 жыл бұрын
I’m into Belize! English language, Belize Peso. One time property tax, No Inheritance tax, no capital gains tax. It’s easily accessible to Florida. It’s a developing economy. But also $130k Canadian gets you a decent home in Dubai.
@user-jy7yw5kw3w
@user-jy7yw5kw3w 3 жыл бұрын
Easily Monaco, it's small, quaint, well kept and walkable. The weather not too hot, not too cold.
@championsleague5692
@championsleague5692 3 жыл бұрын
@Mehedi Hasan Nice, France is close
@AJohnson0325
@AJohnson0325 3 жыл бұрын
If I were wealthy enough to buy a place there, then that would be my choice. Real estate prices are insane.
@danamurray735
@danamurray735 3 жыл бұрын
There's so much to do in Monaco... The Grand Prix The Yacht Show The Best Restaurants The Luxury Brands for Shopping The Weather Of course it's expensive! You're surrounded by billionaires. So all real estate is Prime Real Estate. Even a tiny studio apartment will cost you a whole lot of money. What else do you expect? You've Got To Pay To Play, Baby
@OneEyedLion
@OneEyedLion 2 жыл бұрын
I'm moving to the UAE in a few weeks. I discovered the UAE back in 2003. I know this sounds strange but I felt a greater sense of freedom in the UAE than the US.
@htchamber2776
@htchamber2776 2 жыл бұрын
Yup funny how people are just starting to understand this now
@unknownninja4430
@unknownninja4430 Жыл бұрын
freedom.. maybe for white people that already have an economic advantage over everyone and they like to cut corners and not work hard like hispanics, asians, etc
@AA-il9pc
@AA-il9pc Жыл бұрын
Isn’t it illegal to swear or kiss in public in the UAE? Not exactly the epitome of freedom
@sawkrandom23
@sawkrandom23 Жыл бұрын
How is it?
@jolly7728
@jolly7728 2 жыл бұрын
What a wonderful, easy-going style of talking about some pretty tough issues. Love NC's fluency in juggling so many seemingly dissimilar jurisdictions worldwide. He brings a certain "dynamism" (to use his word) to international financial affairs rarely seen in the mass media. Listening to him is like watching a movie as he compares countries, islands, and their socio-cultural strengths and weaknesses in a way that resonates with viewers/listeners.
@iamchicosuave
@iamchicosuave 3 жыл бұрын
Well, Mr. Henderson. I got tired of asking "what if." I just set an appointment to get my passport. I'm not your 7/8 figure client, but I'm not just going to sit around and wait. Keep up the work.
@aquilomanganelli175
@aquilomanganelli175 3 жыл бұрын
Same here. Just a hard working chump socking away every penny in hopes to slowly build a life of freedom.
@cryptocomix
@cryptocomix 3 жыл бұрын
How much does it cost if you’re not making 7/8 figures?
@pattimurphy5151
@pattimurphy5151 3 жыл бұрын
@@aquilomanganelli175 Nope, we are on a prison planet. Jesus is coming soon.
@larryh502
@larryh502 3 жыл бұрын
Years ago, I would have said that someone who wanted to renounce US citizenship/live outside CONUS full time was a nut. Nowadays with the current political and socio-economic climate here in the US, I can understand why people- especially those of means, would do it. Leaving the US/ renouncing my US citizenship is not a realistic option for me, but if it is for you, rock on. If everyone lived with the attitude of "you do you, I'll do me" and not try to control others' lives, the world would be a much better place.
@blueballbag3588
@blueballbag3588 3 жыл бұрын
Why wasn’t Panama on this list? More fun than the middle east, no cultural hang ups with relationships or alcohol, cheaper, mountains and beaches to explore, not too remote...
@JoeyJ1984
@JoeyJ1984 3 жыл бұрын
Sounds nice. What's the covid reaction been like? Lockdowns, mandates, etc?
@blueballbag3588
@blueballbag3588 3 жыл бұрын
@@JoeyJ1984 terrible. Ok they did well keeping the numbers under control but there’s gender restrictions on shopping, men and women can go shopping on alternative days, stuff like that. Pretty rotten to segregate the sexes like that
@nomadcapitalist
@nomadcapitalist 3 жыл бұрын
Panama is not a tax-free country.
@JoeyJ1984
@JoeyJ1984 3 жыл бұрын
@@blueballbag3588 What the hell? That's insane! Kind of explains your username though :P
@saladinallah5299
@saladinallah5299 3 жыл бұрын
Panama is my choice....Almost hands down.
@4440ch
@4440ch 3 жыл бұрын
UAE is not for me. Worked there for 4 months and passed thru at least 20 times. Those big shiny buildings were and are being built with slave labor. This is an Arab kings wet dream and much less so for the 3rd world nationals who make up 90% of the population....working 6-7 days a week, living with multiple roommates to make ends meet. Taxi drivers are fined 4 days pay for missing a day and so choose to work every day and have miserable lives with no time off. Dubai is probably the sex trafficking capitol of the world. Prostitution is rampant. Women are exploited on a grand scale. The great kings own wife and daughter tried to flee the country to get away from him. Whats there to do? If you have money you can shop until you drop, eat out, hire a prostitute and then do it again tomorrow. Summers are 120F plus everyday. Writing a bad check or going into debt will land you in prison with no rights. Western women who have been raped have been charged with sex crimes when reporting to police. Its a hypocritical culture thats part Koran and part Las Vegas. Not sure what the draw is Andrew though its interesting the first few times but #1...hell no.
@piruzinho9
@piruzinho9 3 жыл бұрын
Your comment about Monaco (2:42) is not accurate. It is not possible to get stuck in Monaco. There are no borders with France. In many instances, France is just across the street. The airport is in Nice. In order to get a Monaco residency permit (for example, when you buy real estate there), one also needs to get a Carte de Sejour for France. If you go to Google Maps you will be able to see what I mean. And in normal times, there are no border controls to go to Italy, for example (just 15 km from Monaco).
@danielesbordone1871
@danielesbordone1871 3 жыл бұрын
Yeah , but buying real estate in Monaco is ridiculous.
@michaelhall7028
@michaelhall7028 3 жыл бұрын
What about Oman? It's tax free and also quite a liberal country in the region. You mentioned that you prefer the UAE to Bahrain and Qatar because they are too small, but what about Oman. Oman is the 2nd largest Arabian Gulf state after Saudi Arabia. The capital Muscat has come on leaps and bounds over the last 10 to 20 years. It's got less of the international flavour as a City like Dubai for example, but it is still a very comfortable modern city to live in. There are also many more places to visit and see in Oman. While the UAE seems to be the go to place for most people, I personally think that Oman is a little bit overlooked.
@andrewhewerdine
@andrewhewerdine 3 жыл бұрын
UAE, Dubai, especially with the world islands being built up over the next decade. I should add I left San Diego CA in December and now live in UAE. It has elements of the convenience of the US, has cafe culture like Europe, some great South African restaurants, bars and cafes. Asian influences in some of the hotels and resorts. Geographically positioned very well. I'm actually doing as you say and bringing my parents out here and my sister already lives here. Dubai is definitely the most liveable city in the gulf, plus you can go scuba in Fujairah, mountains in Rak, ski in the mall and great beaches.
@andrewhewerdine
@andrewhewerdine 3 жыл бұрын
@@rubiks15 90% expats, tons of Brits & Aussies. Haven't even considered language as a barrier since we got here. My sister says after 6 years of being here she's never had a language issue.
@harism2001
@harism2001 3 жыл бұрын
Oh yeah. You get all there. Close to other countries too. Am thinking of moving there myself. Been flying there every 2/3 months before Covid. Am so addicted to that place. Hahah
@luv2travel2000
@luv2travel2000 3 жыл бұрын
@@andrewhewerdine Thank you for sharing this. ♥️
@coolguy5555551
@coolguy5555551 3 жыл бұрын
The world islands, is that a joke? They’ve been trying to build that since 2008, and have no plans to actually make it a reality. It’s a failure of a capital project, and people should be looking elsewhere.
@jondeanpt
@jondeanpt 3 жыл бұрын
San Diego ...love that place. UAE has some cool cities and for safety, cleanliness and Peaceful living it’s great. Just got to watch out for the Dubai douches - lol
@jerrynkumu
@jerrynkumu 3 жыл бұрын
I moved to the UAE 3 years ago. I your arguments are literally word for word mine when explaining my reasons to others. Major Kudos
@TheCreditShifu
@TheCreditShifu 3 жыл бұрын
With Monaco you should be able to just seamlessly drive into France. Maybe now is different because of COVID, but in normal times it should be seamless
@julius5632
@julius5632 3 жыл бұрын
Even with covid, Monaco is completly open to France right now.
@goldstein10493
@goldstein10493 2 жыл бұрын
how long is the drive?
@TheCreditShifu
@TheCreditShifu 2 жыл бұрын
@@goldstein10493 it borders France so if you are in France just outside Monaco, 1 second. But if you want the closest city in France, that is Nice, 26 mins away
@louielouie684
@louielouie684 2 жыл бұрын
in Monaco you have to put a sizeable deposit in their bank and rent from the Prince.
@TheCreditShifu
@TheCreditShifu 2 жыл бұрын
@@louielouie684 all of this tax avoidance stuff is only worth it if you have sizable amounts of money anyway
@larrylaudig5197
@larrylaudig5197 3 жыл бұрын
I high and thoroughly enjoy your delivery of the subject matter and your personality lends much credence to your videos.
@panaceiasuberes6464
@panaceiasuberes6464 3 жыл бұрын
Monaco is really a great place to have as a Autumn/Winter base for someone like me that actually likes having cold for Winter months. And 90% of the people that make Monaco obnoxious move out in October only to return in May. Restaurants get more civil, the roads are less congestionated so you can actually go fast into the hills, every single patisserie has room and is quiet and the French cities around Monaco are all deserted. Its my kind of place. Although this year I had to spend most of my winter months in the UAE, KSA and Kuwait because of friends inviting me over in I really love Monaco. EDIT: With airplane being the travel method of choice from Monaco you can get to Switzerland in half an hour, to Paris in one hour and to London in an hour-and-a-half. That's very hard to beat and the biggest problem for me when thinking of the UAE. When you finish all the partying and Cars & Coffee events in Dubai if you take the plane anywhere it takes a long time. I can go to London, get my measurements taken for some suits, have lunch at The Berkeley, go for some new bespoke shoes and shirts, have tea with some friends and be back in Monaco for dinner. That's very hard to beat.
@jackapril388
@jackapril388 3 жыл бұрын
Who are you? And why do you watch KZbin?
@sgill4833
@sgill4833 3 жыл бұрын
5 hrs is far? To me 10 hrs on a plane is far. 3-5 hrs is manageable. 1 hr is super convenient.
@awabinaraf8203
@awabinaraf8203 2 жыл бұрын
can I discuss the monoaco ta resicendcy situation with you further? I'd like to know how I could pursue this from someone who seems like they've done it
@37tara
@37tara 2 жыл бұрын
👍👍👍
@awabinaraf8203
@awabinaraf8203 2 жыл бұрын
@@37tara u have expreience with monaco?
@renatastec5212
@renatastec5212 3 жыл бұрын
There's no perfect country. My husband and I (UK) have lived in 8 countries and travelled to several others. We've been in the Middle East for a number of years and decided to retire in Bahrain, Amwaj Island, from where we can hop to Dubai for entertainment whenever we wish. Sure, there are a few things we have to overlook here, but overall this has been a good option for us.
@good4u702
@good4u702 2 жыл бұрын
Could I live in Bahrain on a UK state pension?
@chuck6646
@chuck6646 3 жыл бұрын
Great content. I completely agree with the intangibles like "are the people around me genuinely kind.". Another one for you: "do the locals only see me as a walking dollar sign?"
@robstone4537
@robstone4537 3 жыл бұрын
I agree with your stance on not worrying about politics. I spent 5 years living in Abu Dhabi and actually found it strangely relaxing not caring about local politics. I had no ability to affect local politics, if things got too bad I would just leave. I never read local news or watched local TV. It is quite liberating not to care about anything. However I found the concrete jungle, weather and dry climate very depressing in the long run, it was not just for me. I am more a tropical beach person, I am happy in boardshorts and sandals so I would prefer the Caribbean island life where you are still close enough to travel to big cities if the need arises.
@waliddib5291
@waliddib5291 2 жыл бұрын
The UAE just introduced taxes on corporate profit on 9%. no longer 0%.
@paulcoates3860
@paulcoates3860 Ай бұрын
Better than my 19% going on 24% to be spent on ....? Well taken
@thefilipinojoe
@thefilipinojoe 3 жыл бұрын
I like what you said about Americans enjoying getting all political. 😂 I am living in the Philippines and it has been a serious adjustment for me going from being all political to not so much. I came to realize that the only real change I can make is in the voting booth.. to vote. Everything else is pretty much a waste of time and energy. Better to spend my time enjoying my life. 💕
@Bird_of_Hope
@Bird_of_Hope 3 жыл бұрын
*Great Video. 👏* *ANSWER: **12:03*
@RicardoPerez-iu7dk
@RicardoPerez-iu7dk 3 жыл бұрын
Great video and 100% correct in my opinion. I live in Dubai since 2009 and indeed is a great place. Easy, friendly people, great lifestyle, eight months of great weather, safe for the kids and ability to save a lot of money (you can spend a lot too though). No intentions to go back to Spain anytime soon.
@skyone6531
@skyone6531 3 жыл бұрын
how can you compare Spain rich history, culture, arts, architects, European life style and intelligence and freedom of expression as human and faith. with only saving money is not the real happiness and you or your kids never will be that country citizen....that's a slap on the face and disgrace to humanity....think about it
@evastavrou4928
@evastavrou4928 3 жыл бұрын
@@skyone6531 wow - people who have lot of cash - can easy say -“ money is nothing “ try to live without money “ if you ever try , you will never say it again -money is nothing ….
@safiahnd488
@safiahnd488 2 жыл бұрын
Am happy for you.. But spain dude spaaaaaain HAS SUCH BEAUTIFUL WEATHER comparing to the heat of UAE.. The richeness of Spain is also amzing
@realBobToms
@realBobToms 3 жыл бұрын
Prices and taxes had gone up pre-COVID in Dubai and AD. AD is the largest land owner and has all of the oil and gas. Dub. is still reliant on tourism, in spite of diversification. Dub. introduced higher charges on hotel rooms several years ago. The UAE as a whole introduced VAT (lower than Europe) several years ago. Rental contracts go up and down as the UAE gov't and Emirates govt's remove a rental cap. Accommodation quality is variable as developers have used cheap materials over the last decade (several fires in Dubai documented). Yes, if you have plenty of money, it's no big deal if you do your research. The UAE is not the frontier economy as 20 years ago where expats could earn staggering amounts as a salary, but nor is it tax free. Taxes are there but indirect. Yes, life can be stress free or as crazy as you want in UAE, or connect with the natives with camels and a picnic in the desert. It's up to you. Your white skin and money will gain you some respect and some freedoms. FYI, I lived in AD and Oman for 6.5 years (mostly AD and Al Ain) and visited Dub. from time-to-time until 2.5 years ago. Life got more expensive and salaries did not keep track with the locals.
@guillemsolersuetta5924
@guillemsolersuetta5924 3 жыл бұрын
Which country/countries would you pick instead?
@nathanquirk9498
@nathanquirk9498 3 жыл бұрын
Andorra. Can be structured so tax liability is close to or 0%. Low cost of living, super clean, zero crime, hiking in the summer, skiing in winter (residents get a yearly lift pass for 160€). 2.5hrs from Barcelona Airport and the Med. Drive 20mins one way you’re having crepes and croissants for breakfast, drive the other way you’re having pan chocolate. Residency process is straightforward and done on arrival in Andorra.
@borninsoho9710
@borninsoho9710 3 жыл бұрын
I live in Dubai and My choice would be definitely Dubai. I lived in 6 countries already and Dubai is the top choice for my self and for my investment. So I totally agree with your choice. And it’s going to get better and better, the government has many good thing in the pipeline... i’m here since 2010 so not a newcomer.
@venusreena2532
@venusreena2532 3 жыл бұрын
good to hear
@qwaszxerdfcvtyghvb
@qwaszxerdfcvtyghvb 3 жыл бұрын
I lived in the UAE, i travelled to few European countries then i moved to Sweden for the citizenship, comparing living in the UAE over Europe is legitimate, what i saw in Europe was way under my expectations and i would confidently tell you: if you are planning and have the possibility to obtain a European citizenship then it's fine to move, otherwise it's a huge mistake to come to Europe leaving the UAE if you are just planning to stay on temporary residency based on a job or a bussiness. The life style that you find in UAE is really not compared to any other place in the world, of course it's expensive but it worth it, not forgetting the numerous opportunities that opens to you in a multinational country like UAE.
@michaelferguson4549
@michaelferguson4549 3 жыл бұрын
I like hot weather but UAE in the summer would be just too much. I would do the Bahamas. Grand Bahamas is different than Nassau which is different from Marsh Harbour which is different from the Exumas. Also, I expect that it will develop quickly over the next two decades.
@michaelferguson4549
@michaelferguson4549 3 жыл бұрын
It is, indeed, not easy to get citizenship. But fortunately you can get residency with a home purchase. Right now our winter residency is between Bahamas, Turks & Caicos. Vietnam, Malaysia, philippines and maybe Dubai. They are all either tax free or only tax those who are resident for more than 180 days per year.
@jeffb.140
@jeffb.140 3 жыл бұрын
@@michaelferguson4549 You don't happen to have a daughter looking for a husband?
@KJ-bc3de
@KJ-bc3de 3 жыл бұрын
@@michaelferguson4549 Where are you a resident for tax purposes though?
@michaelferguson4549
@michaelferguson4549 3 жыл бұрын
@@KJ-bc3de Right now I am still a U.S. tax resident. With the foreign earned tax credit we have about 220K USD that is free from tax. We are not there yet. But that is the intent, so, we are pointed at CBI and renunciation. At that time I will rely on Andrew's counsel on such matters.
@bigdogpete43
@bigdogpete43 3 жыл бұрын
I just can't do the Middle East. I value my head. Low tax may be better than no tax in a lot of instances.
@MCWhiffles
@MCWhiffles 3 жыл бұрын
That means you're probably doing drugs
@asimayyubi397
@asimayyubi397 3 жыл бұрын
You are right. Almost 50 percent of people in middle east walk around with no heads, because they have been chopped off for one reason or another.
@morgan97475
@morgan97475 3 жыл бұрын
You've not been to UAE or Bahrain. Even KSA isn't too bad.....except for the truly crappy driving.
@GingerNinja68
@GingerNinja68 3 жыл бұрын
Love the channel and the content. Not so sure about the UAE. Love the Middle East however think they are about to hit the buffers again. Dubai, isn’t a financial centre like London, Singapore or New York, and course there is alway the human rights issues and general business ethics.
@MrCubansurfer
@MrCubansurfer 3 жыл бұрын
1) Monaco 2) Brunai 3) Bahamas 4) Bermuda 5) Cayman Islands 6) UAE 7) Bahrain
@abdelmoutalebramoul7264
@abdelmoutalebramoul7264 3 жыл бұрын
Off topic Andrew, i want to see your watch collection and where’s the best place for nomads to make those kind of valuable purchases!
@michaelheery6303
@michaelheery6303 3 жыл бұрын
Nigeria
@antonioaranio3568
@antonioaranio3568 3 жыл бұрын
China.
@nkoonkukoo
@nkoonkukoo 3 жыл бұрын
What watch is he wearing in the video
@SoWowArtz
@SoWowArtz 3 жыл бұрын
Chrono24 is the best imo
@michaelheery6303
@michaelheery6303 3 жыл бұрын
@@nkoonkukoo China or hk.
@Hannah.115
@Hannah.115 Жыл бұрын
Amaaaaaazing.. I love how genuine you are 😀
@nomadcapitalist
@nomadcapitalist Жыл бұрын
Thank you.
@mklaw200
@mklaw200 3 жыл бұрын
Can you do an update on Hong Kong in light of recent political developments as a low tax destination? Used to be a great low tax jurisdiction about 4-5 years ago but now seems like it's going to lose its status as a financial center.
@kellyengland
@kellyengland 3 жыл бұрын
HK is still an incredible city and is low key thriving
@sgill4833
@sgill4833 Жыл бұрын
The Trifecta. Dubai, Bahamas and Portugal. With some short visits to Florida.
@kumara8196
@kumara8196 3 жыл бұрын
As a resident ofDubai, Uae for past 21 yrs....indian passport holder...agree 100%
@hufficag
@hufficag 3 жыл бұрын
I live in China and people around me are genuinely nice every day. Striking up conversations, sharing cigarettes. I live in Shenzhen, Guangzhou as well as many small cities and villages in South China. In the small towns the average folks on the street are a bit taken aback at seeing a white guy but most have long friendly conversations, in Mandarin and especially Cantonese. The most unfriendly people are middle aged women for some reason, always preoccupied with a million worries, kids, groceries, danger here, danger there, being cautious, they're the only ones who look at you like you're the enemy. Everyone old and young are nice. Especially Shenzhen, very intelligent beautiful urban people there.
@leefrost3241
@leefrost3241 3 жыл бұрын
I went to Hong Kong for week it was very nice and people were very friendly.
@ДарьяЗимина-б7з
@ДарьяЗимина-б7з 3 жыл бұрын
Is it possible, that life in a large Chinese city with pollution, overpopulation and so on is better, than in the USA???
@hufficag
@hufficag 3 жыл бұрын
@@ДарьяЗимина-б7з Pollution is everywhere, you just check the AQI index on your phone, it's heavy in Hebei near Beijing and light in the coastal provinces. Lighter pollution than Los Angeles or Toronto. Overpopulation, I don't see it. I see people, markets, coffee shops, book shops, bars, supermarkets on every corner. If you don't like seeing people, and prefer empty streets, then you might prefer to live in suburban USA/Canada. As for life, yeah it's better for both poor and rich people. The middle class maybe have more stress than in the USA. But there's more jobs than people at the lower end, so poor people have no reason to be homeless, they can always have a job, a place to live, and healthy food, vegetables and rice.
@krugmeup2162
@krugmeup2162 3 жыл бұрын
Try using google and having an opinion.
@gabrielanak6000
@gabrielanak6000 3 жыл бұрын
Well done Andrew. So clear & strong common sense. Love his videos
@nomadcapitalist
@nomadcapitalist 3 жыл бұрын
Thank you, Gabriel.
@sydysydy
@sydysydy 3 жыл бұрын
Leave the grumpy, psychologically damaged west and find nice people, sane people, attractive (inside and out) people. Enjoy the freedom of smiling at someone without them thinking you are crazy. Where you can say hello to a woman without her calling the cops.
@successandlifestyle
@successandlifestyle 3 жыл бұрын
So where do you call home, or want to call home?
@JeffriAbdullah
@JeffriAbdullah Жыл бұрын
Best advice
@travelwithtony5767
@travelwithtony5767 3 жыл бұрын
I lived and worked in the UAE and agree with everything you said, but you can’t consider living there without mentioning the brutally hot summer months that make it practically impossible to spend any amount of time doing outdoor activities.
@otiscanupp1164
@otiscanupp1164 2 жыл бұрын
I like Antigua,Belize,The Bahamas , Nevis & St Kitt.l love Switzerland. But l would really like to buy my own lsland again in the future.
@user-wi9nn6dz8w
@user-wi9nn6dz8w 3 жыл бұрын
Service level in Dubai is often not great. I give you two examples. A friend of mine lived in a building on Sheikh Zayed Road and the building was without water for two days. Another friend wanted to get their guest toilet fixed. The workers couldn’t get it done and told him not to worry because it was only a guest toilet anyway. These are just two cases that show you what kind of people you will be dealing with in Dubai.
@exclusivenote
@exclusivenote 2 жыл бұрын
I lived in Canada (Montreal, Sherbrooke, Brossard and Stittsville Ontario) for 12 years now and I can tell you that this stuff happened more than I can count. And the service was meh. I was even scammed by white Canadians several times.
@user-wi9nn6dz8w
@user-wi9nn6dz8w 2 жыл бұрын
@@exclusivenote what does that have to do with Dubai?
@PLeon-ok3fn
@PLeon-ok3fn 3 жыл бұрын
"It's easy to think everyone's going to be the same way they are in your country", God I hope not.
@garylow5491
@garylow5491 3 жыл бұрын
Country that treats you best (with low taxes) depends upon your nationality, ethnicity and religious believes. Can only generalize.
@indigdoc
@indigdoc 3 жыл бұрын
Bahrain. I lived there in 1990 & 1991. Was not nearly as modern, trendy, and convenient as it is today, but extremely hospitable. I love Bahrain and after you've spent some time there - you will too. HRH Shaikh Isa bin Sulman was in power back then (May he rest in Peace). A very civilized, gracious, and prosperous island country. Though an island, it has everything you need...including the best tailors in the region. Bahrain is also the Banking and financial capital of the Gulf. (GCC) I've been to Dubai. It too has changed extremely since those days. I like your thoughts on the dynamism, activity, and hustle-bustle. It would be 2nd to Bahrain. Jim
@PedroSanchez-zv1lr
@PedroSanchez-zv1lr 3 жыл бұрын
For me, Turks and Caicos, English language, UK jurisdiction, American dollars currency, good doctors Christian religion, nice turquoise colour water, close to USA for holiday, and other Caribbean countries. Low crime.
@jeffb.140
@jeffb.140 3 жыл бұрын
How easy is it to get a residence permit there?
@PedroSanchez-zv1lr
@PedroSanchez-zv1lr 3 жыл бұрын
@@jeffb.140 Investing in property at least 1 million of US dollars
@jeffb.140
@jeffb.140 3 жыл бұрын
@@PedroSanchez-zv1lr Ok, thanks!
@mattfisher8090
@mattfisher8090 2 жыл бұрын
What's the day to day cost of living like there? Bahamas sounds like day to day costs are over the top, so Turks & Caicos is of interest
@freeradical1567
@freeradical1567 3 жыл бұрын
Again. Honest, informative and excellent!! I look forward to your experienced thoughts every day!!
@DrSee-mm3zw
@DrSee-mm3zw 3 жыл бұрын
While I agree with the concept of living tax-free, or as tax-free as possible, after living in the Middle East for 8 years, I WOULD NOT settle in the UAE. It's TOO HOT! And because it's focused on the higher investor community, it is more expensive than necessary. Plus, they're not very dog friendly and if my dog can't go where I go, then I'm not moving there. Now, with that said, the UAE is a fantastic place to visit. There is a lot to see and a lot to do but once you've done them, it's just TOO HOT. If you're ok with temps over 130F, and you're ok with spending more for less, then go for it.
@tinglestingles
@tinglestingles 3 жыл бұрын
I would use the territorial tax arrangements and live long-term in Malaysia - when MM2H restarts. Reasons... nice, friendly people generally, English is widely spoken, wonderful food, a good level of infrastructure (roads, internet, malls, etc.), international hub - KL, some nice beaches, good value for money, interesting architecture, Georgetown Penang UNESCO world heritage site, Borneo forests, and nature. Alcohol is heavily taxed but I'm not a heavy drinker...often! NB: They seem to like polite British people - which greatly adds to our decision.
@clayelliss1762
@clayelliss1762 3 жыл бұрын
If you are living off investment income I guess any country where you are not taxed on your worldwide income is the same as tax-free, in which case the tax treaty is the most important factor.
@timmyhiggins5220
@timmyhiggins5220 2 жыл бұрын
I spent a year in KL and loved it. However, the mmm2h visa is outrageously expensive now.
@tinglestingles
@tinglestingles 2 жыл бұрын
@@timmyhiggins5220 agreed. We’ve changed direction and settling in Portugal.
@timmyhiggins5220
@timmyhiggins5220 2 жыл бұрын
@@tinglestingles nice one. Portugal is a good alternative. Although I spent time in Lisbon in 2020 and couldn't warm to the place. The locals look glum and not so friendly, like most European cities.Perhaps other parts of Pt are better. Malaysia truly did feel like a second home, although that was in 2010.
@yeahweburnstuff
@yeahweburnstuff 3 жыл бұрын
I thought non-natives were fleeing the UAE? Family member was fined TWICE for wearing shorts in the mall. So maybe UAE is ok for men, rather than women?
@theedesertmermaid
@theedesertmermaid 3 жыл бұрын
I agree. UAE is not a good fit for women.
@catiex8826
@catiex8826 3 жыл бұрын
just learn to follow the rules? if dressing like a garden tool is part of your 'must haves', then UAE probably isnt the place for you. but westerners could use a bit of moderation in their lives
@leensteed7861
@leensteed7861 3 жыл бұрын
@@catiex8826 moron
@patilabhinav7941
@patilabhinav7941 3 жыл бұрын
@@zoomzoom3950 they will collapse in 2030
@kittyandthekatz8046
@kittyandthekatz8046 3 жыл бұрын
@@zoomzoom3950 not a feminist issue - simply the lack of repression and safety. A semblance of the freedom and mobility afforded to men.
@thealphadrop
@thealphadrop 3 жыл бұрын
I would be interested in your view on personal rights especially with today’s health climate. We want to not only live somewhere with the visa free travel we would like, tax benefits, a great culture for my family, but also where we won’t have our personal health freedom infringed upon
@pvmoore1154
@pvmoore1154 3 жыл бұрын
sorry in advance for my ignorance, but what exactly is "personal health freedom" ?
@Cryptogally
@Cryptogally 3 жыл бұрын
@@pvmoore1154 Where the Medical Mafia cannot force vaccines or certain treatments on you or your children.
@pvmoore1154
@pvmoore1154 3 жыл бұрын
@@Cryptogally Thank you kindly.
@jazzwinsky
@jazzwinsky 3 жыл бұрын
True fweeeedoom dosent exist. Unless your dead lol
@dakotas76
@dakotas76 3 жыл бұрын
@@jazzwinsky even then... you never know lol
@vigilantexx
@vigilantexx 3 жыл бұрын
When it comes to retirement, I am surprised so little is discussed about health care: many of the tax free or reduced tax countries can become very expensive if they don’t have a reliable and affordable national health system available to you. Same could be said about nomads with family and schools/education. Single and young people on the other hand have little reason to live in high tax countries with generous social benefits like it is the case for most of Europe
@danspencer9499
@danspencer9499 2 жыл бұрын
David, the healthcare system in Colombia is excellent and the people are warm and welcoming. Pablo Escobar died in 1993 and Colombia has transformed. If healthcare is a concern, living in a city like Bogota' or Medellin gives you access to world class health care and almost anything else you might want or need.
@danamurray735
@danamurray735 3 жыл бұрын
Monaco...and an extremely nice little boat. The Cayman Islands (like a good amount of Caribbean islands) are prone to Hurricanes. The Gulf States are great, for the most part. It's extremely modern. It's becoming a little bit more cosmopolitan each year with an international appeal. However, there's still a huge culture shock in store for most non-Muslims and most definitely for non-Arabs. I don't know if Singapore is still a tax haven. So, I can't say... Vanuatu??? ... Hhmmm 🤔 Maybe. Maybe Not. I don't know.
@natashaevanoff7111
@natashaevanoff7111 3 жыл бұрын
Cambodia. Very friendly ppl, cheap and relatively good life style, And ZERO Covid related death! Lots of foreigners like it there.
@alexkroezendijk8346
@alexkroezendijk8346 3 жыл бұрын
I used to live there. I do miss it on occasion. People are gracious. Sort of cheap depending on what you want out of it. You can not trust the Cambo government reporting any more than china. They have reported deaths but Hun Sen is sucking up to china. Cheap alcohol is cheap in cambo. Living well in Phnom Penh is definitely doable but not cheap. You can live like shit anywhere...
@hugochouinard627
@hugochouinard627 3 жыл бұрын
Very interesting! Meeting nice and reliable people is so important! Thanks!
@mojo3772
@mojo3772 3 жыл бұрын
Thanks Andrew. Great video. I agree with you to some extent. I have lived in the UAE for 6 years and I mostly enjoyed it. It is just about the safest place on earth. Notably, governmental policies are great. I was awarded a 10 year golden visa based on my profession at a cost of $1k, so I feel really valued. All in all, great place to live in UAE, very cosmopolitian, extremely safe, the locals are very friendly. However, UAE is rather expensive. I would say it is even more expensive than the UK, where I come from. Also in summer months the heat and humidity are brutal, mostly from June to Sept; so vitually no outdoor activities unless they involve water. Real estate is not cheap either, I bought a modest one bedroom apt in a nice area of town at a cost of $170K. Plus lots of expenses, associayted with ownership. I think UAE is good as a base, but to spend significant time (esp summer months) in other countries: Turkey, Morocco, Lebanon, as well as the far east: Thailand, Malaysia etc. all of these are easily accessable from UAE.
@downhomegirl5
@downhomegirl5 3 жыл бұрын
You are truly a gem.. thank you for your insight, Happy Valentine's to you & yours Sweetie
@NetMaestro2009
@NetMaestro2009 3 жыл бұрын
Guys and gals, it boils down to what you are looking for (surprise!). There is no "one size fits all". Start from all the tax-free countries and decide based on your what is important *for you*. Personally, I have lived and worked in Dubai for a number of years and it suited me just fine. 4 months a year, the weather is cool, another 4/5 months its bearable but in thick of Summer - 2/3 months, better go somewhere else. Still, I'd go back in a heart-beat, but that is just me. YMMV.
@calripson
@calripson 3 жыл бұрын
Russia is almost tax free - 13% flat income tax and 0% long term capital gains tax. Major metropolitan cities like Moscow and Saint Petersburg, world class education, healthcare, and culture. No extradition to the USA. Want warmer climate? Live in Sochi. Predominately European Christian culture. Women - some of the most beautiful women in the world.
@pw4780
@pw4780 3 жыл бұрын
And the gopnicks love everyone!
@krugmeup2162
@krugmeup2162 3 жыл бұрын
Warner climate in Sochi? You mean where they held the Winter Olympics?? lol good thinking
@burnastro9599
@burnastro9599 4 ай бұрын
They increased tax rate to 22%
@christianorsa
@christianorsa 3 жыл бұрын
Probably UAE, Monaco or somewhere in the Caribbean. Quite a hard decision to make🤣
@mikeikeda1208
@mikeikeda1208 2 жыл бұрын
I will never go back to the UAE. Total lack of culture there. Too many rules. You couldn't pay me to live there.
@ballballsoo
@ballballsoo 3 жыл бұрын
I would love to see a “pandemic passport portfolio” video where you cover the citizenships or residencies that turned out to be really good for low Covid infections and restrictions and lockdowns.Those might not have been in your usual favourites. Places like NZ, south korea or remote Pacific islands seemed to have been great escapes from the chaos
@successandlifestyle
@successandlifestyle 3 жыл бұрын
It's not the low cases but the normalcy of life I'd look for, a maskless society with free hugs😁. All over the world there has been the flu for years and the majority of population didn't care, nor choose a home based on those stats.
@mynamename5172
@mynamename5172 3 жыл бұрын
@@successandlifestyle Call me when you find that magical place!
@luv2travel2000
@luv2travel2000 3 жыл бұрын
@@markcranston3145 Well said. Glad you have done your research. I'm not going to be afraid when 99% of people recover! It's the fake news that's the v I r u s.
@luv2travel2000
@luv2travel2000 3 жыл бұрын
@@successandlifestyle Agree.
@luv2travel2000
@luv2travel2000 3 жыл бұрын
@@successandlifestyle Did you watched the V R E A L E D that is on right now?
@Andrey-ox5zm
@Andrey-ox5zm 3 жыл бұрын
Gday, mate. What about living in Andorra, Gibraltar , Switzerland, Monaco or San Marino of Italy? Yes it lacks UAE/ metropolis bustles, but its really nice out there...)) I bet,- you ve been there, done that. Personally i prefer living near the big city, but in quiet area with good infrastructure, say in Johor Malaysia, say 1hr drive from Singapore. or near Budapest or near Adriatic coast. Its 1-2 hrs from everywhere, not like 24hrs flight or 15K km in Sydney AUS...)))
@ashsqx3246
@ashsqx3246 3 жыл бұрын
Yes I would like to live between Dubai and Monaco. Vacation in France, Italy and Spain sometimes...
@ralfi1134
@ralfi1134 3 жыл бұрын
To me Antigua is the best choice, I love the great outdoor, some skynny deeping in desert beaches some backyard archery, sailing wow, sound like a dream to me.
@francescocarruba1364
@francescocarruba1364 3 жыл бұрын
UAE all life long !!! 3 years since i decided to move here and still super happy of my decision . This is the most cosmopolitan place on earth and much more tolerant than what Western people think ( or what they are said by media) , for sure more tolerant than most of Western countries .
@anthonycannolo4131
@anthonycannolo4131 3 жыл бұрын
Che lavoro fai, se posso?
@ChrisC30
@ChrisC30 3 жыл бұрын
What, exactly, would you be 'so far away' from? Tropical island paradise. Attractive neighbors. Great weather. Bank transfers for access to your funds. Phones and laptops for business deals. You can always take a short trip by boat or plane if you don't feel connected with a first world lifestyle.
@steveweiss7191
@steveweiss7191 3 жыл бұрын
What is your objection to living in Monaco? I lived there for three years, and couldn't have been happier. How about Andora? How about Luxembourg.
@sgill4833
@sgill4833 3 жыл бұрын
What's the best cost effective place in Monacoto live?
@roberthg6718
@roberthg6718 3 жыл бұрын
well, me just living in LU. hardly a tax-free country, but depending on sort of income and where it is coming from it could be. the country is small and well organized. has no inheretance tax in the straight line, no capital gain tax over stocks/bonds etc. you keep longer then 6 months. investing in property can by the amount of deductions be tax free and further there are a lot of double tax treaties so income from other jurisdictions can also be little taxed. everybodies situation is different. and what is a good solution for me would not fit for someone else.
@anastasiaavery115
@anastasiaavery115 3 жыл бұрын
Monaco rates highly for lifestyle. Italy is on your doorstep (and inexpensive) and the entire French Riviera for lifestyle. Movement in and out of Monaco is easy, by car. Paris is a short TGV train ride away, and Provence is accessible via the autoroute. That said, I own a home on the French Riviera, a business in Monaco and a residency in Andorra which works for me.
@prestontucker1687
@prestontucker1687 3 жыл бұрын
Hard to get in to? Long wait time?
@JPowerMMA
@JPowerMMA 3 жыл бұрын
Im not paying 41 bucks for a hamburger though....
@danamurray735
@danamurray735 3 жыл бұрын
Monaco is great. All you need is an extremely nice little boat. And you can enjoy The French Riviera as much as you want.
@awabinaraf8203
@awabinaraf8203 2 жыл бұрын
is it not worth getting a tax residency in monaco if you're not a billionaire? or hundred milliloonare?
@awabinaraf8203
@awabinaraf8203 2 жыл бұрын
so is your tax residencey in andorra rather than monaco? just wondering since copr tax in monaco is 33%.
@josephgreen2008
@josephgreen2008 3 жыл бұрын
Totally agree with your sentiments in this video about living on an Island.UAE is probably the best choice.Although I think a 10% tax is doable to expand your choices.Maybe you could do a set of vídeos with countries in the 10% tax Range .Have a good weekend good weekend
@jmc8076
@jmc8076 3 жыл бұрын
UAE investing heavily in green energy. Also as of last Nov made changes to Islamic personal laws incl unmarried couples can now cohabitate, loosened alcohol restrictions and criminalized “honor killings.” This may help some.
@martian9999
@martian9999 3 жыл бұрын
not enough, by far.
@far-away-so-close4540
@far-away-so-close4540 3 жыл бұрын
Having lived in the UAE, both Dubai and Abu Dhabi, for 7 years, I can say that it is a very fine place to live and the tax-free environment is excellent (Though that may be changing in the future). Dubai is the LA of the Middle East. Abu Dhabi used to be much sleepier, but is now up and coming with many planned cultural attractions, including the Grand Mosque, a veterinary hospital for falcons (Emiratis love their sporting birds), the Louvre Abu Dhabi (Designed by French architect Jean Nouvel) and the National Museum (Designed by British architect Sir Norman Foster), and live international cultural events at New York University, Abu Dhabi. Other activities include excellent sailing, desert camping, driving in the dunes, and the mountains of RAK, in the north. (And, just beyond the border is Oman, with some breathtakingly impressive and rugged terrain.) Infrastructure, including highways is first rate, and there are several world-class hospitals. And if you want to travel, it has two major airports with many options, and is in a central location for easy access to Europe, Asia and Africa.
@jittmet7766
@jittmet7766 3 жыл бұрын
Very nicely explained Andrew. :)
@brillianttec3504
@brillianttec3504 2 жыл бұрын
Thank you so much for your work. You give us hope.
@eliotgoodfellow7294
@eliotgoodfellow7294 3 жыл бұрын
I live in Monaco and agree with your point that, removing the ability to go into France or Italy, makes it a very small place! The advantage of Monaco is not having border controls as per Gibraltar.
@bibhufhu3548
@bibhufhu3548 3 жыл бұрын
Andrew, the best country so far is Belarus. No property tax on your personal residence. All utilities for a 2 bedroom apartment is about $50.00 a month. Best foods, beautiful and clean cities and towns. Free highest quality hospitals and doctors Watch some videos about foreign people live in Belarus. They love it. We live in Canada for almost 30 years and nowadays our house is for sale and we plan to move to Belarus. Belarusian president is the best for people of his country. Stability, low crime rate, because they still have a capital punishment, friendly people and you are in the center of Europe.
@guilhermesalesferreiradaco2934
@guilhermesalesferreiradaco2934 3 жыл бұрын
I've been interested to know your opinion on living in an authoritarian country like the Gulf countries or Russia, Belarus, etc and what u would say to someone who wants to live in those countries but to whom that authoritarian part is holding them back and if it really is as bad as people think or really how much impact it would have in your life. Once again, u read my mind.
@harry12
@harry12 3 жыл бұрын
compared to most gulf countries, russia (except Chechnya of course) and belarus are much more secular, liberal, and inclusive.
@guilhermesalesferreiradaco2934
@guilhermesalesferreiradaco2934 3 жыл бұрын
@@harry12 depends on what u mean by that. Half of their population are foreigners
@harry12
@harry12 3 жыл бұрын
@@guilhermesalesferreiradaco2934 doesn't change anything. foreigners cannot make or change policies of those countries.
@guilhermesalesferreiradaco2934
@guilhermesalesferreiradaco2934 3 жыл бұрын
@@harry12 that's the point of going where you're treated best. If u wanna change local policies you're not going where you're treated best
@harry12
@harry12 3 жыл бұрын
@@guilhermesalesferreiradaco2934 okay but this doesn't change the fact that russia (except Chechnya) and belarus are much more secular, liberal, and inclusive than gulf countries, under the circumstance that foreigners cannot change any policy in those countries.
@needparalegal
@needparalegal 3 жыл бұрын
If you are American there is no escape from taxes. Puerto Rico sort of. The US taxes you no matter where you flee to.
@lindanorris3226
@lindanorris3226 3 жыл бұрын
HEY GUYS THANK YOU SO MUCH FOR SHARING US 💙💫🌎
@esamipad8060
@esamipad8060 3 жыл бұрын
Wow, you're well educated person, I learn a lot from you. You know how to break the ideas down. Thank you.
@upshamgoel9059
@upshamgoel9059 3 жыл бұрын
The UAE!!! Are you Joking! So you even know the COST of everything there? Guys, please check out the cost of things like housing & kids education before even thinking of UAE! It's a nice place to live, provided you have deep pockets.
@KellieUltreras
@KellieUltreras 3 ай бұрын
Thanks for the analysis! Just a quick off-topic question: My OKX wallet holds some USDT, and I have the seed phrase. (behave today finger ski upon boy assault summer exhaust beauty stereo over). How can I transfer them to Binance?
@mynamename5172
@mynamename5172 3 жыл бұрын
Lebanon. Mediterranean climate, good skiing, good beaches, beach clubs, yacht club, great nightlife/shopping/spas, fantastic cuisine, personal service (maids, drivers) great. The educated people are some of the most sophisticated on Earth.
@successandlifestyle
@successandlifestyle 3 жыл бұрын
Primary language?
@mynamename5172
@mynamename5172 3 жыл бұрын
@@successandlifestyle English works fine. Educated people speak English & French. The primary language of the country is Arabic (Lebanese dialect Arabic)
@igottheshaft
@igottheshaft 3 жыл бұрын
Except when you are getting hit with low yield, tactical nuclear weapons. No thanks.
@mynamename5172
@mynamename5172 3 жыл бұрын
@@Timithos Lebanon really isn't even a country in any sense of the word. The people are highly divided and mostly crazy. The government goes from nonexistent to terrible, but it is completely incompetent to enforce its will on anything. Hezbollah runs half the country and has a parallel government, but does not seem inclined to impose Shariah or crush the party scene. In spite of this the lifestyle is actually pretty good. What is written in the paper is not what you experience in everyday life. Faraya has good skiing (the village sucks, the European village scene is much better). The private beaches are some of the best in the world. The nightlife is fantastic as is the shopping. I've never had a banking issue there, the banks have actually treated me better than banks in Argentina or the US. Its not for everyone, but if you have connections to the country its a good no-low tax lifestyle.
@mynamename5172
@mynamename5172 3 жыл бұрын
@@frederickmuhlbauer9477 Lebanon officially uses the US dollar, and everyone takes Euros as well. Its not for everyone but the lifestyle is nicer than people generally think.
@michaelwebsternz
@michaelwebsternz 3 жыл бұрын
UAE for sure, with maybe a tropical island as a holiday destination etc. UAE is so central with a great time zone and very easy access to world markets.
@rubensnogueira5838
@rubensnogueira5838 3 жыл бұрын
UAE or Qatar, but since I can't stand a "luxury lifestyle" I would rather join the bedouins. If the game rules could be twisted a bit, I would rearrange my investments and live in Switzerland or Brazil, for example, where it's possible to pay no income tax.
@quickjumpingfoxes
@quickjumpingfoxes 3 жыл бұрын
Switzerland has a flat income tax for foreigners.
@richardsteinbergmakingknives
@richardsteinbergmakingknives 3 жыл бұрын
Dynamism, that is a new one for me. I'm making that the word for the day! Dynamism...
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