The Cheapest Countries in the World for Expats

[@stanfield5124]

Just returned from NCL. Fabulous education sessions & networking! Well done to Andrew, Nomad dad & the team. Loved KL too :)

[@nomadcapitalist]

Thank you very much! We’re glad that you enjoyed it ☺️

[@colinrainier5755]

I second that - absolutely excellent event.

[@chrischen4480]

I am curious why Vietnam is the number one? Isn't it a socialist country like China? Or is it that the media did not smear Vietnam or distort Westerners' perception of Vietnam, but only focused on China?

[@nomadcapitalist]

Thank you!

[@seekingknowledge712]

Country List 1. Vietnam 2. Colombia 3. Indonesia 4. Panama 5. Philippines 6. India 7. Mexico 8. Thailand 9. Brazil 10. China Malaysia is very affordable, tax friendly and has cheap property. Argentina is also very affordable. Note: Look at you handle your tax structure prior to moving - Plan and Execute

[@Gerdeo64]

And Russia❤

[@merchellecham5658]

Hero!

[@VARMOT123]

For foreigners in india ,visit hill stations in eastern and western ghats like ooty,araku,munnar, Kodaikanal etc for beaches visit andaman or lakshadweep or for Himalayas visit ladakh,dharamshala etc

[@ebahapo]

It seems that Argentina is getting more expensive, at least according to some expats.

[@okaynow9030]

Brazil is not cheap

[@caldepen372]

I don't always agree with some of your points, but I have always appreciated your integrity, attempting to reduce one's tax burden in an honest manner. It means something, thanks.

[@nomadcapitalist]

Thank you for your compliment.

[@Gerdeo64]

​​@@nomadcapitalistplease add Russia❤️. I want to go to Russia.

[@cherylpa527]

​@@Gerdeo64 you should move there and bring all of the Trumpers with you

[@The-atlantis-report]

try Morocco it is totally underrated and under the radars , I am extremely happy I moved here ....best weather best food extremely cheap real estate ....close to Europe and to the US , extremely flexible immigration laws ...I am surprised you never talk about it

[@nomadcapitalist]

Thanks for the tip!

[@saigonexile531]

As an expat in Vietnam (with TRC thru marriage), VN is still a very difficult place concerning visas, banking, and buying real estate. They cannot seem to get their act together putting together a Digital Nomad visa scheme, or anything like it. They are constantly changing rules etc. Frustrating for those who are retired and want to stay (no retirement scheme either). Banking is ok but you need at LEAST a one year visa or forget it. Buying real estate can be easy or can be difficult. The government just cannot get their act together like other SEA countries. Lots of grandiose schemes (like the metro and high speed train they are planning) but dreaming and doing are two different things. That said, I am here 16 years and love it. Just be aware even little ole Cambodia is much easier.

[@privatejets]

What's TRC the marriage sir?

[@recep9095]

Vietnam is totally terrible place for long term living mate, been there couple times and to be honest is still very wild country ,dangerous roads, super corrupt government, extremely unstable visa, aggressive and scam ppl, constantly food poisoning , day and night super noisy roads and ppl and karaoke etc etc.. as an expats definitely wouldn't live there.

[@scottwillie6389]

@dylan-tl2yx Temporary Residence Card. There are other ways to obtain it but marriage (or a few other types of familial relationship) is indeed one avenue.

[@iamjordonbarnett]

Mate i have a viet bank and i don’t have a 1 yr visa. Anyone can open one.

[@idrathernot_2]

Cambo wins over a lot of people despite being a little more expensive because of how easy they make it

[@chogno98]

I spend half the year in Latin America and highly recommend making Buenos Aires part of one's trifecta. Rent an apartment in the neighborhoods of Recoleta or Palermo and experience low cost of living and high quality of life.

[@RonanTOC]

Vietnam is not only very cheap, but extraordinarily safe, clean and modern. With high GDP growth and great family values

[@FitnessWithAnimal]

Agree 100% with your🇻🇳assessment. I lived there for 5 years before pandemic when 🇻🇳Visa was easy to get long term visa. Now it’s impossible to stay long term and I Hope the DUMB government 🇻🇳people open it back up to Digital Nomads…we’ll see?

[@RonanTOC]

@@FitnessWithAnimal let’s hope so. Waiting to hear back on 90 day visa.

[@FitnessWithAnimal]

@@RonanTOC yea gone are the 🇻🇳1 Year Visas…hopefully the 🇻🇳government wises up to what they’re missing out on and lets ya get 1 Year🇻🇳Visa

[@privatejets]

Vietnam here, VN is a great country, tho it's a socialist country but it's still pretty socially open not restricted like China, welcome to VN my friend

[@RonanTOC]

@@privatejets yeah socialist in name only. They’re money hungry capitalists these days. Everyone hustling. China 2.0

[@BrightResultsMedia]

In the past month I’ve been in Bogotá, Cali and currently in Medellin. I’ve spent a lot of the past couple years bouncing around the country. My favorite city is Manizales. Small city with super friendly people. Clean. Lots of food choices. Beautiful sunsets. Safe. Lots of birds. Wonderful climate! Colombia is such a beautiful place.

[@WanderSavage]

True Medellín is getting filled with too many tourists

[@Swizzenator]

Birds that fly or birds that walk?

[@casojidesigns327]

My grandmother was from Manizales

[@BrightResultsMedia]

@@Swizzenator yes. ;)

[@Swizzenator]

@@BrightResultsMedia You must work for the government😂

[@therehastobesomethingmoore]

we are in Xela Guatemala and love it. 2700 meters in elevation so always cool temps, feel very safe, 3 modern malls, walmart, population about 1 million but feels small townish.

[@lego1bob1brick]

Writing this from Da Nang Vietnam... Can confirm its great!

[@CodyBroseph]

How r the waves right now for surfing

[@lego1bob1brick]

@@CodyBroseph they are present in the morning for sure! Not Bali level but still surfable... Probs either longboard or a small short at a push quality.... There has been the odd wave I have seen from the shore where I'm like oh damnnn!

[@jgconnelly]

I'm currently in Kuala Lumpur visiting as per your recommendation, near the Quill City Mall. Had a great experience over ten days. Back to Atlanta this weekend. ❤😊

[@nomadcapitalist]

We’re glad you had a great experience ☺️

[@garrettmgunderson]

Please share some contrasts between KL and ATL if you are willing, would love to hear about that.

[@lewisaus]

Glad to hear that

[@fredpui]

should visit penang next time

[@jamalgreen3056]

I would say Cambodia is more affordable than Vietnam.But a lot to consider not just the cost of living but also how the country will align with your values.I would advise people to also look into countries that are more strict on foreigners buying real estate property, I find these specific countries to be cheaper but not good for investment. So it all depends on what you want and why you want to be their.

[@organicmatcha8117]

Asunción-Paraguay is nice and cheap. Taxes are only 10% for corporate or personal income if your business or work is in the coutry, but if you receive your income from outsite Paraguay (e.g. you buy products from China and sales them in US - or - you give an online service to Germans) you only pay a flat tax of $600 annualy.

[@backbeat44]

What about Eastern European countries? Also the added attraction of Panama & Mexico is also the ease of travel, i.e. one flight for guests and ourselves.

[@Exit-West]

I love Vietnam but Cambodia seems like a more attractive option at the moment with its residency program and pathway to citizenships.

[@SethAbid-jp5lf]

Combodia is somewhat affected by bad law and order situation due to civil war in neighbouring country

[@Exit-West]

@SethAbid-jp5lf which neighbouring country is currently in conflict? I can only think of Myanmar and they're not neighbours...though they are close.

[@EllaBella-76]

@@SethAbid-jp5lf• Yep apparently you queue on a dusty road you got to pay to get through the passport office...😬They take away your passport..My brother has travelled far and wide but this place once he was there with his kids and wife after 4 hours in a queue..On a stick two young kids having been Vietnam /Lots of places-They made him sweat buckets they kept his Passport extra long his youngest was only 6 they had gone via Thailand they love it there -Vietnam they got served starling with eyes 👀 legs sticking up !👀🤣He wants to show his kids the world before he dies ..So why not ultimately he has worked really hard then Cancer from nowhere nearly killed him ..He still has it after a year in hospital you need re asses your life and loosing my parents he went back to work within 6 weeks of coming out told he would never walk again-Now working his kids are older one at UNI ,for me he takes my son I am not well enough his wife drives ..My son is British (But his Father is Sri Lankan and my brother inherited us both ..)Some people would like me do not a bucket list a F### it list for me taking my son out I have a TBI ..But I am good ..My brother taught me to make the best out of a really bad situation we all have our own trauma and stress don't wait for something to happen-Do what you what to do when you can focus on happiness, health and aiming to retire at 45 Years Old forget it -Go for what your heart and head tells you -Don't waste a day just live life to the best of your ability be happy in your own skin ..Turn off the news tip number one !Focus on today and making the small things count ...Like being able to walk add up (That would be a luxury for me instead I am making memories no matter what they are I saw my brother become an MP ,made me cry my parents missed that and he missed them dying due to COVID cabin fever -live everyday as though it's your last and if you know that you can do good help others not just yourself have one good friend who you can trust that knows all your secrets..Good and bad ...Winning Ticket life never goes to plan i learned long ago don't plan and personally be polite but if people are deliberately rude or racist just hold your head up high get the heck out of the situation and do not even bother to respond having witnessed people be rude to me -Pissed on skis ;that's no balance on crutches at 8 am or worse to my son ..Don't retaliate it's what they want ..Don't respond kids are not born this way ..Most are having it so much in there everyday life rudeness to adults threats to other kids sadly I believe there is not one country my son any I would be treated as equal ...

[@ChristopherBalish]

VIDEO REQUEST: Andrew, I absolutely love your content. We live in Los Angeles now, but getting quite tired of the challenges of life here. We have three children under the age of five. Is there any way you could do a video about how your trifecta plan would work with children and schools. Or just a video in general about families with school-age children? There are certain challenges with schools, nannies, etc. Thank you for all of the incredible and detailed advice you give on the daily basis. Much much appreciated! You are the number one expert on this topic.

[@YogaBlissDance]

he has a video like that I can't remember the title....

[@Fabienscritique]

I have one 6 years old, and the countries in Europe that offers public and bilingual schools has high tax regime greater than 20%, the countries who don't offer public bilingual schools you have to go has annual costs of 5-15K a year but low 8-10% Taxation on your business, that's my personal research, I'm expanding it to SEA but no better results so far. Probably Nomad Capitalist should do an Episode for Families willing to move to another country taking in considerations our scenario.

[@azabujuban-hito-dake]

I came from Zurich, Switzerland and currently living in Tokyo, Japan. Contrary to popular believe, Japan is extremely affordable. The cost of living here in Tokyo is sooooo much lower than in my own hometown, Zurich.

[@Truthseeker371]

Especially now in Japan the US Dollar exchange rate is advantageous against Japanese Yen, the Japanese wages are still relatively lower, and deflationary economy for over decades. It's safer, and more exciting things to do there than many other OECD countries.

[@jonthorpe2824]

If I visit i'll make sure to bring my LA Dodgers stuff, lol.

[@vladka390]

Is any place, more expensive, than Zurich, exist?)

[@azabujuban-hito-dake]

​@@vladka390 Probably Singapore. Or New York City.

[@Flbari]

probably 99 per cent of the world is cheaper then your hometown

[@jojojoy]

Kota kinabalu in Sabah is probably the best for American expats. Its 1/2 cheaper than KL, 90%of the people here understand English. They still allow foreigners to own land, and land tax is extremely low. There's no tax if your income is from investment or dividend

[@samimorcos]

Been to Sarawak only in Borneo and liked it but something tells me I may like kk more, hopefully soon I visit that place, heard a lot about it. Would love it you could compare it to Kuching if you have been there before.

[@jojojoy]

@@samimorcos I haven't personally been to Kuching yet. But my father in law is from Kuching. The difference is kk has a lot more international flights and it's right in the middle of south east Asia. Mount kinabalu is the tallest mountain in s.e.asia

[@Garcia061]

It’s high on my list.

[@lofu32]

Borneo KK is extremely underrated and it’s up and coming

[@lewisaus]

Jojojoy is a famous KZbinr in eastern Malaysia

[@PassportDialectic]

Right now I’m in Mar del Plata, Argentina. Been here 5 months. It’s boring, but steaks are only $3. It’s ridiculously cheap here.

[@toalamierda]

Why boring?

[@PassportDialectic]

@@toalamierda This city has a lack of entertainment. No night scene, food options are very limited. Empanadas, dozens of pastries, ham&cheese sandwiches, local chocolates and all things BEEF. Sounds like a lot. It’s not. Imported goods and foods are very limited. No SONY, no iPhones, no Nike. Bunch of seniors walking around.

[@PassportDialectic]

@@toalamierda Don’t let KZbin videos fool you. Buenos Aires lacks livability. Although it is a night-owl city, the party scene is a joke. Food options are limited to local vendors. Your choices= Empanadas, pastries, sandwiches, local chocolates, wines and BEEF. Sounds like a lot of options. After one week, you’ll find yourself dreaming of anything else. Imported goods are very limited. No SONY, no iPhones, and no NIKE. There’s an overload of seniors citizens (walking small dogs). CASINO CENTRAL (in Mar del Plata) is where you go to experience unregulated losses. The (often-awarded) “mini jackpot” is typically equal to your initial bet. Any pros to Buenos Aires?… It’s generally safe.

[@just_alexk]

Cape Town and Nairobi are phenomenal places in my opinion. Much cheaper, great weather and amazing internet speeds. Very underrated African cities. In fact, both were top 10 in Lonely Planet’s ranking of best cities in the world for digital nomads. Nairobi was 1st. Would you believe it? Plus foreigners can own property there. Visas are also easy to get. Give it a thought.

[@Learned333]

Hmm. Rather choose Namibia. But there are so many other places outside of Africa that are better that I'd rather not choose Africa at all. Hands down: South America wins.

[@alinao625]

Crime rate is high in Cape Town

[@alinao625]

Crime rate is high in Cape Town

[@alinao625]

Crime rate is high in Cape Town

[@alinao625]

Crime rate is high in Cape Town.

[@VARMOT123]

For foreigners in india ,visit hill stations in eastern and western ghats like ooty,araku,munnar, Kodaikanal etc for beaches visit andaman or lakshadweep or for Himalayas visit ladakh,dharamshala etc

[@metaversenews1]

I agree with Andrew on Panama. I lived in Panama City for a year. Loved it, but it is NOT cheap. Transportation and services like dry cleaning and doctor visits are cheap, but everything else is damn near on par with the US. Maybe the rest of the country is a lot cheaper, but unless you're retiring and don't want to do much, you'll be awfully bored most likely. Panama may actually be the most expensive country in Latin America all told.

[@Chris-qg8ss]

Start a small farm. You will NEVER be bored.

[@metaversenews1]

@@Chris-qg8ss LOL, I actually am. In Paraguay though.

[@mikem3789]

Glad you mentioned Argentina. I’m also surprised Cambodia and Albania didn’t make the cut.

[@rlgmedia5364]

Surprised that Cambodia wasn’t on the list.

[@alrent2992]

Dozen other countries are cheaper than this list. I agree.

[@rabins]

Nepal can also be consider as good destination for Digital Nomads as it's increasing there too. Safe, Peaceful, Good Internet Bandwidth, no Social Stress, etc.

[@slavicstories2287]

I live in Vietnam. You can work here as an English teacher (rate from 18 usd per hour). But job places are only in Hanoi and Ho Chi minh city. In small towns it's not easy to find job and salary less. I work in Ho Chi minh city everyday. Salary is about 2500 usd per month and very cheap life. My room is just 150 usd per month. Motorbikes are also cheap. You just need Tefl certificate to teach in Vietnam (you can pass this exam for 3 weeks), and get certificate ef set. Both are free

[@esbam2002]

Need a 4 year degree to legally work in Vietnam as well. And able to get your documents notarized.

[@slavicstories2287]

@@esbam2002 you can work here illegally. It's Vietnam. Nobody controls it

[@Avacadofrommexicoyeah]

Do you teach English in person or online? I would feel lonely working online. Much is missed when not face to face.

[@slavicstories2287]

@@Avacadofrommexicoyeah I teach in training centers and public schools. I never taught online. It's less paid

[@Avacadofrommexicoyeah]

@@slavicstories2287 Thanks for getting back to me! I appreciate it!

[@2GringosOnTheGulf]

Thank you for sharing this. ❤ Great information as always sir. Cheers from 2 Canadians 🇨🇦 living in Mexico 🇲🇽❤✌🏼

[@thanosandnobill3789]

I have been in more than 35 countries in my life. I can't say how is to do business but Vietnam, Serbia Japan and Iran are hands down the best places I even been. Those four countries have very friendly people, they are very safe (yes even Iran) except for some cases of pickpocketing, awesome nightlife, good quality food and they are very cheap, yes even Japan is very cheap relative to most European countries and the USA.

[@dragonofparadise]

Sshhhhh Japan is my all-time favorite out of 21 countries I have been too and is where I want to live long term. Most people seem to think it is extremely expensive but it really is very affordable and hasa very high quality of life. Higher taxes but I don't care about taxes "IF" I am getting a very high quality life style for paying those taxes.

[@garrettmgunderson]

@@dragonofparadise I would love to live in the mountainside exurbs of Fukuoka way up in the hills overlooking the sea, but I'd need to start a business in Japan and pay the 50% taxes there to get legal residency to do so, tricky situation!

[@iluvlechon8810]

We were in Japan last month and the restaurant prices were so low and the quality was so high, it made me want to cry when thinking about going to a restaurant back home.😢

[@pinetworkminer8377]

@@iluvlechon8810 Is your home the US?

[@llee8325]

​@@iluvlechon8810 And their food & personal hygiene standards are so high, esp compared to anywhere in China.

[@Velsbasketcase]

I have a 12 hour layover in Ho Chi Minh in 2 weeks, looking forward to it.

[@SuperJutah]

I'm in Vietnam right now and it's great!!!

[@geoffmcintosh3]

Cambodia is way cheaper than Thailand and Bali. The retirement visa is easy to get as well.

[@Hasanaljadid]

Not Good infrastructure and lifestyle

[@Jack-2day]

@@Hasanaljadid Depends on each individual''s own priorities, if 'lifestyle' includes everyday interaction with the locals, you would be hard pressed to find a more friendlier nation of peoples. Curious if you could mention where/how long you visited Cambodia? Cheers

[@Learned333]

Yeah and he's done videos on Cambodia. This the the problem when he does someone else's list and doesn't go by his own list with his vast experience.

[@OlafBoehm]

Philipines is 100% taxfree and very easy to get resident there. basically its visa and taxfree and they speak all english and expert level!

[@kathleenkalt3852]

I recently discovered that, although I was born in the U.S., I am Canadian because my mother was born there. I'm in the process of establishing citizenship, but now think I should look to other countries for residency, instead.

[@ginginny143]

Good idea. Outrageously expensive in Canada, cost of living is off the charts...Canadians are leaving in droves...Canada is no longer Canada, it is finished.

[@ChrisBakerauthor]

The altitude in Bogota just about killed me. It's almost 9,000 feet there.

[@casojidesigns327]

Get some natural tea- from the coca leaf which is safe and not illegal and it is used for the altitud

[@Thomas46457]

I'm surprised not to see Romania on the list. I've traveled there four times. One can enjoy hotels and shopping in Bucharest, mountains in the West or beaches on the Black Sea for very little money.

[@YogaBlissDance]

Gosh your comment section is ALSO A TREASURE TROVE of info!

[@mattlawrence7130]

I have been in Thailand for over three months now. Looking at the real estate situation, Thailand is becoming terribly overbuilt with far too many high rise condominiums. Given the very strict laws on real estate ownership here, it is effectively impossible for foreigners to own a majority interest in any real estate. At this point, I would only consider renting here for the foreseeable future.

[@Mikamichae]

Makes a nice change that it's easy to find rent

[@mattlawrence7130]

@@Mikamichae Not as much as you might think. The whole real estate situation there is a mess. I spent the summer there and couldn't find anyone to help me look at places to rent except in the shiny new highrises.

[@ivankuverkin4001]

Also I don't understand why Thailand is listed as a 'tax-free country.' I've been living here for two years, and I see that since 2023, foreigners are required to declare money transferred to Thailand and pay taxes on it

[@V.D.A-r8x]

Thank you 😊Andrew for including the Philippines it’s definitely affordable country to live and work and most specially people speaks English well and friendly..

[@Kim-J312]

Ooooo Argentina ❤and Chile❤ sounds great , great cities, great outdoor stuff like skiing and hiking . Thoses will be my next vacation

[@michaelsmith2078]

Andrew, why didn’t Paraguay make the list? Brazil?????

[@JDavisonPGAVietnam]

I have lived in Vietnam for the past 2 1/2 years. While it is very inexpensive to live here, banking with a Vietnamese bank is very difficult. Easy to get your money in but difficult to get it out.

[@Magie_eats]

As a woman and mother of a girl I definitely prefer VN and TH above MY by far. I have had numerous uncomfortable encounters with men in Malaysia. That never happened to me in TH or VN even though I spend most of my time there.

[@kikokat4366]

You must have had bad experience with those immigrants then. They used to stare at ladies and even request to snap photos..some other harrassment etc etc. These are very common. They do these to the locals too which is absolutely rude and offensive behaviours in Malaysian culture. Malaysian men are just busy doing their own business and do not have extra time to spend on harrassing tourists

[@Iggygiy]

Everyone's experience in the country is different so enjoy the country where you experience something good. In Thailand, some face tourist scams and inhospitality, while others enjoy its culture and beauty. Likewise in Malaysia, issues such as racism and inhospitality exist, but many are still fascinated by the diversity of culture and nature. Although there are negative experiences, both countries still attract tens of millions of tourists every year, showing that several people experience cannot describe the whole country

[@stephenwatson672]

Indonesia has gold if you like gold prospecting.

[@decTac]

Nature disasters

[@Yasin_Affandi]

What a wonderful video.

[@nomadcapitalist]

Thank you.

[@Yasin_Affandi]

​@@nomadcapitalistThank you too for adding KL in your bonus section. I truly hoped that the recent Nomad Capitalist Live event in KL was a successful one for your team. Have a great one. 😀

[@AncientMysteriesAndInnovations]

Panama was nice, lived there for 3.5 years

[@jlynnburton9718]

I'm REALLY surprised Cambodia wasn't in the Top 10, since it's ranked cheaper than Thailand according to vloggers I follow whose lived in both countries.

[@globalretirementus]

Interesting video! As an American considering retirement abroad, this list is definitely appealing, but I still have a lot of questions. Sure, the cost of living is lower, but what about the quality and accessibility of healthcare? How safe are these places for expats, and are there reliable resources or communities to help with language and cultural barriers? And of course, the big question: how easy is it to navigate things like visas, taxes, and residency requirements long-term? It seems like there’s so much more to think about beyond just affordability. I’d love to hear more about the practical aspects and any real-life experiences from people who’ve actually made the move. Anyone here who can share insights on what it’s really like?

[@tomdee6819]

The produce in Panama is very affordable and high quality but housing is more expensive then most countries on the list.

[@BillonBass]

We chose Thailand but did consider Malaysia. It’s nice but just didn’t move the needle for us. The food and culture was just a bit too foreign for us. Thai people are just a lot more fun as well. Thailand is definitely not as cheap as it used to be but what an amazing place to live! My wife is also Thai and the visa I have gives me a path to citizenship there.

[@starsandsoul]

I'd love to see a video on the most expensive countries, detailing what they have to offer that justifies the cost. I am sure the USA is on that list. Curious to know what else might be higher on the list.

[@Learned333]

Probably the Scandinavian countries would make it into the top 10 on that list.

[@YogaBlissDance]

Switzerland for sure! And the nordic countries.

[@DeFran-c2p]

Indonesia, particularly Bali could be one of the more affordable places to live

[@calamaridog]

Medellin is a very livable city. The light rail transit is superb, better than almost any other large city in the world, and the only such system in Colombia. Transit in Bogota is on par with the worst cities in the world and no light rail system.

[@azizsaidov6066]

You can also take a look at some central aiso countries like Kazakhstan, Uzbekistan, Turkmaniston, Krigisitan and others

[@MJFUYT]

Thank you for this Andrew. Your information is invaluable for me.

[@nomadcapitalist]

Thank you for watching.

[@Stephen_T_Sampson]

Went to india and japan from germany, good places.

[@VARMOT123]

Visit eastern ghats and western ghats hill stations

[@nik1800]

With Malaysia new MM2h that requires buying a home plus having 150K US dollar deposit. It’s very viable for lot of people

[@iamjordonbarnett]

Vietnam is the best - love it here. Hopefully the immigration policy will change soon

[@kenvrinten3450]

Perú is as cheap or cheaper than Colombia, Bolivia definitely cheaper and I would bet a million Paraguay and several central American countries are cheaper. Also, Argentina was cheaper until Milei got in and the peso stabilized , but the inflation kept going at tge " reduced" rate of 100% per annum. Now Chile is even cheaper than Argentina. This is all based on my personal on the ground experience. Not to mention.I am sure there are many countries world wide cheaper than Colombia.

[@mynameisjeff.]

I'm nomading through Latin America right now and I completely agree with this. Medellin and Lima are the most affordable big cities by a long shot.

[@ramonechevarria7296]

Very surprised that Malaysia wasn't included. KL is cheaper than here in Manila. Saigon real estate is pretty high too; almost as much or same as Manila prices. Food and everything else is cheap; I just came from there and I really love the place so I make it a point to visit yearly. I really like Brazil but if I were to work, I'd have to be in São Paulo and earn a ton (relatively, like $4k up in a foreign company). The only problem is investing in stocks and earning dividends in the Philippines while working there because Brazil taxes for these things are quite high. I'd have more money if I stayed but I really would like a 2nd citizenship in a country whose language I like, with people who share similar attitudes and with so much potential.

[@jbennison5672]

How is China in this list, but not Malaysia!? China is good for those of us are who are working, but entrepreneurs? Forget it. It's also not that cheap if you want a good quality of life.

[@ljozren]

Give a try with Egypt ..At least is cheap and close to Europe

[@nomadcapitalist]

Egypt has some very affordable real estate that could lead to a free second citizenship. Here is an on location tour: kzbin.info/www/bejne/nXvZkpWEhNWXo5I

[@carolc1543]

Wish you helped lower end. Haha. I enjoy and learn from your videos. I hold Italian and American citizenships. Thinking neither is a good bet to retire. Definitely leaving USA as soon as I sell my home. Worried about keeping my money in USA. It is scary as a single older woman. I just want to live peacefully, enjoy life, savor experiences. I have travelled much of the world. Not sure where to live now.

[@NaNu-j4d]

Great Video. Thanks

[@mattanderson6672]

Wonderful analysis Thank you Sir! Many Thanks Andrew

[@nomadcapitalist]

Thank you for watching.

[@callum4794]

can you do a video on philippines residency visas

[@maxgluteus4263]

There are a lot more factors, crime rates, racial tension, government (totalitarian, corruption/extortion/bribing), environmental pollution, even nature, we got mosquito bites in Malaysia, sever reaction

[@rocambole93]

so very true

[@calvinmcdowell8328]

👍👍👍You hit the nail on the head why do I want to pay 2X 3X 5X or Even 10X (yes my water bill was $95 this month) for the same thing I need to leave the US because I can’t afford it when I retire My plan is to visit almost every where you mentioned to check it out and then do your trifecta method I don’t plan on starting business but I am interested in investing a little in several places for protection Call it plan A that is required for plans B C D … Great video thank you

[@MedBedSpaUSA]

You missed El Salvador

[@nickbenshetler276]

Can you do a full video on Brazil please! Thumbs up, so he sees

[@MrGabrielgn]

He has already done

[@nomadcapitalist]

If you haven't already, be sure to watch our latest Live Like A King episode: Belgrade, Serbia 🇷🇸 - kzbin.info/www/bejne/rKqoq6abd8SJidU

[@VirtousStoic]

Btw, I was planning to do MM2H in malaysia. But I won't until they remove the real estate requirement. Long term, a person can be holding the bag and not having a buyer who is local. And will have to sell it to a coming new expat. But they won't pay what I paid etc. I unfortunately don't have the money to essentially donate the real estate buy buying property I don't want. The bank deposit of 150k that you can later invest in the country is fine. But essentially 300k is Ludacris Saudi arabia offer permanent forever residence for 200k donation *give or take don't remeher the exact number* This mm2h is 10 years for the low tier And from my basic research By January 31, 2024, there are 56,066 active MM2H pass holders So since very little people even do mm2h, raising the bar is goofy. If so many people were coming and demand was high then sure get greedy and raise the bar (talking to malaysian officials)

[@Jack-2day]

Was there while back, very friendly locals & pricing was fantastic!

[@rickmccann4016]

Belgrade is a craphole.

[@antonlevkovsky1667]

You completely overlook sanction free CIS countries, individual entrepreneurs doing online business can have tax rates like 2% or 1% on simplified tax accounting where you pay from your gross income without accounting for expenses. Not only you get low tax, but also easier accounting which in many places have automated solutions for cheap fee.

[@MyLatinLife]

No Mention of Paraguay 🇵🇾 or Ecuador 🇪🇨 or Nica 🇳🇮 ??

[@czechtravel]

Panama and Mexico are definitely not cheap anymore. It's cheaper than the US but not as cheap as Asian Countries. China?Cheap? Def not. Where are you taking those numbers?

[@ahmedglobal2088]

Good video, but Uganda and Tanzania are very good places and affordable

[@andrewfrolov893]

What about Nairobi, Kenya?

[@andrewfrolov893]

@@sparkle1949 Expensive comparing to what major city? Let's take Eastern Europe, major cities there.

[@ThatGirl-cs1gt]

I'm moving to Albania this week, cost of living is low and it's still in Europe.

[@Jets228]

New DTV (Destination Thailand Visa) is very easy to get and lasts 5 years.

[@blessparco]

Happy to know Philippines is mentioned. Filipina French here 😊

[@tiomoidofangle102]

This is incredibly useful information.

[@nomadcapitalist]

Glad to hear it.

[@mynameisjeff.]

Nobody talks about Lima Peru. Super affordable waterfront with a view.

[@sarthak___007__]

As an Indian surprised to see india on the list

[@adamw3573]

I can't believe Belgrade is isn't in the list. Great city, great people, safe, and affordable.

[@arthurmiranda8896]

Brazil? seriously? You pay 27.5% income tax if you earn more than US$6.400 A YEAR! We are going to have the highest taxes in the world if the trends persist, an most of our bankers/entrepreneurs have a Uruguayan dual citizenship. The only thing cheap in Brazil is labor and fresh food.

[@kiviuq3495]

I live in small town north east Brazil. On US$ 1000 a month I can live very well.

[@riptyurass302]

27.5% is considered low though. In any western country you’d be paying 40%+

[@arthurmiranda8896]

@@riptyurass302 But that's the income tax, on top of that we have HUGE tax on pay, state tax and the highest VAT in the world. Everything here costs double, the Real is worthless and we still pay the income tax after.

[@iamjosaguiar]

I live in Vietnam for last 5 years, beautful country but yes complicated. You can setup a company such as consulting etc and have a longer term visa that way. Yes Hanoi is more interesting in my opinion. Plenty happening there as well. But you need to understand the Vietnamese culture.

[@MikeJones-vv7ld]

Does Spain do an investment resident visa? what would it cost?

[@diannaboyd7876]

Spain has a golden visa program of €500,000 in residential or commercial real estate purchase in Spain, or one million in bank or two million in government bonds. Watch our for their inheritance laws, though. I was considering retirement there for great lifestyle but inheritance laws alone changed my mind.

[@DiliaTravieso]

Spain has a Non Lucrative visa for non working people (retired, savings and/or passive income earners). Very easy to get and much cheaper than the golden visa. Am in Spain on it now.

[@Macedonia270]

What do you think about Argentina? I like the "Italy in Latin America" vibe they have going on but a little concerned about stability...

[@wolfgangkruger1725]

Where is Paraguay?

[@priortokaraew7569]

To the right of north Korea

[@wolfgangkruger1725]

@@priortokaraew7569 what kind of idiotic response is this?

[@kenvrinten3450]

Not the nicest place to.live...mostly hot humid swamp

[@sergiomildner7903]

Asia

[@xiaomashitu]

Malaysia is very affordable Luxury =)

[@junevi2000]

Thanks

[@SenorJuan2023]

No Peru or Ecuador?

[@monicasar172]

I’m surprised Cambodia is not on the list!

[@siskens]

Wait, I think that you are forgetting Uzbekistan! Dirt Cheap, Frienly People....but yes hot summers and cold winters...maybe good for 3 months (september - November) if you are living in Asia

[@wrathford]

I just finished watching a vlog video about Ho Chi Minh when this video was uploaded :)

[@thomashilmersen711]

Sure, some of those remote countries are cheap, but you also have to factor in the cost and inconvenience of travelling thousands of miles to see your family maybe multiple times a year. The other thing you have to factor in is that even high end properties are often not of the same quality as what you find in e.g. Norway or Switzerland. I see prices in Medellin, for example, that are actually a lot higher than in e.g. Ohio, given the same quality.

[@darrineagle3450]

I have seen posts where people have trouble using trading accounts if they have dual citizenship.

[@KB3TLE]

Seems to me Cambodia should be in here - but I'm looking at it from a retired perspective (?) - and the cost of living factors - given their "retirement visa" for over 55 expats ? 🤔

[@speed_freak_1001]

Hey Andrew, could you please touch on the recent announcement from the Malaysian government that they would reintroduce inheritance tax starting next year?

[@GilmerJohn]

I'm thinking of the song, "Next Stop is Vietnam!" (Yeah, I was there. Maybe I should go back.

[@Kim-J312]

My concerns are healthcare and overall politics . The places you listed don't sound desirable. I want top-notch4 health care and stable fair politics. Countries that came to mind Switzerland, but too expensive. I was looking into Germany, Czech Republic, Romania, Ukraine and Poland . I dont feel it for the Asian countries

[@juan-ko5hz]

@@Kim-J312 you have top notch healthcare everywhere if you go private

[@nomadcapitalist]

In this video we discuss countries with the best healthcare - kzbin.info/www/bejne/qZ7CcmCKnN98o5I

[@Kim-J312]

@nomadcapitalist Thank you 😊 ❤️ I'll watch that video. Switzerland and Germany are the best in Europe, but very expensive 😢 to live in

[@epicurean1868]

Meanwhile Germany is a Muslim country. ☝️

[@colinrainier5755]

@@nomadcapitalistAnd, while in KL for NCL, I had a full cardiac assessment done - extremely professional, state of the art equipment, UK trained cardiologist at a fraction of the price and hassle of getting it done in Europe.

[@ginagatoli4492]

What about zanzibar ?

[@Corlione]

I disagree! You say Colombia, México and Argentina in America, but PARAGUAY is cheaper and has Territorial tax system like Panamá and Costa Rica, and now they made everything easier without need to be 6 months there.

[@toliu4u]

Dear Sir. How about Argentina in 2025? Would you able to share your thought on this? Thanks .Tom