The Cheapest Countries in the World for Expats

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Nomad Capitalist

Nomad Capitalist

Күн бұрын

Пікірлер: 515
@stanfield5124
@stanfield5124 Ай бұрын
Just returned from NCL. Fabulous education sessions & networking! Well done to Andrew, Nomad dad & the team. Loved KL too :)
@nomadcapitalist
@nomadcapitalist Ай бұрын
Thank you very much! We’re glad that you enjoyed it ☺️
@colinrainier5755
@colinrainier5755 Ай бұрын
I second that - absolutely excellent event.
@chrischen4480
@chrischen4480 Ай бұрын
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
@nomadcapitalist Ай бұрын
Thank you!
@seekingknowledge712
@seekingknowledge712 Ай бұрын
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
@Gerdeo64 Ай бұрын
And Russia❤
@merchellecham5658
@merchellecham5658 Ай бұрын
Hero!
@VARMOT123
@VARMOT123 Ай бұрын
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
@ebahapo Ай бұрын
It seems that Argentina is getting more expensive, at least according to some expats.
@okaynow9030
@okaynow9030 Ай бұрын
Brazil is not cheap
@RonanTOC
@RonanTOC Ай бұрын
Vietnam is not only very cheap, but extraordinarily safe, clean and modern. With high GDP growth and great family values
@FitnessWithAnimal
@FitnessWithAnimal Ай бұрын
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
@RonanTOC Ай бұрын
@@FitnessWithAnimal let’s hope so. Waiting to hear back on 90 day visa.
@FitnessWithAnimal
@FitnessWithAnimal Ай бұрын
@@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
@privatejets Ай бұрын
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
@RonanTOC Ай бұрын
@@privatejets yeah socialist in name only. They’re money hungry capitalists these days. Everyone hustling. China 2.0
@saigonexile531
@saigonexile531 Ай бұрын
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
@privatejets Ай бұрын
What's TRC the marriage sir?
@recep9095
@recep9095 Ай бұрын
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
@scottwillie6389 Ай бұрын
@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
@iamjordonbarnett Ай бұрын
Mate i have a viet bank and i don’t have a 1 yr visa. Anyone can open one.
@idrathernot_2
@idrathernot_2 Ай бұрын
Cambo wins over a lot of people despite being a little more expensive because of how easy they make it
@NatalieDormer-or4jj
@NatalieDormer-or4jj Ай бұрын
Every family has that one person who will break the family financial struggle, I hope you become the one
@MagarethWoods
@MagarethWoods Ай бұрын
Great, though Investing in alternate income streams should be the top priority for everyone right now. especially given the global economic crisis we are currently experiencing. stocks, gold, silver, and virtual currencies are still attractive investments at the moment.
@ningyen1444
@ningyen1444 Ай бұрын
You are absolutely right. Am looking for something to venture into on a short term basis, I really need to create an alternate source of income, what do you think I should be buying?
@MagarethWoods
@MagarethWoods Ай бұрын
Cryptocurrency/stock investment, but you will need a professional guide on that.
@MagarethWoods
@MagarethWoods Ай бұрын
Facebook 👇
@MagarethWoods
@MagarethWoods Ай бұрын
Evelyn C. Sanders
@caldepen372
@caldepen372 Ай бұрын
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
@nomadcapitalist Ай бұрын
Thank you for your compliment.
@Gerdeo64
@Gerdeo64 Ай бұрын
​​@@nomadcapitalistplease add Russia❤️. I want to go to Russia.
@BrightResultsMedia
@BrightResultsMedia Ай бұрын
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
@WanderSavage Ай бұрын
True Medellín is getting filled with too many tourists
@Swizzenator
@Swizzenator Ай бұрын
Birds that fly or birds that walk?
@casojidesigns327
@casojidesigns327 Ай бұрын
My grandmother was from Manizales
@BrightResultsMedia
@BrightResultsMedia Ай бұрын
@@Swizzenator yes. ;)
@Swizzenator
@Swizzenator Ай бұрын
@@BrightResultsMedia You must work for the government😂
@jgconnelly
@jgconnelly Ай бұрын
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
@nomadcapitalist Ай бұрын
We’re glad you had a great experience ☺️
@garrettmgunderson
@garrettmgunderson Ай бұрын
Please share some contrasts between KL and ATL if you are willing, would love to hear about that.
@lewisaus
@lewisaus Ай бұрын
Glad to hear that
@fredpui
@fredpui Ай бұрын
should visit penang next time
@chogno98
@chogno98 Ай бұрын
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.
@Exit-West
@Exit-West Ай бұрын
I love Vietnam but Cambodia seems like a more attractive option at the moment with its residency program and pathway to citizenships.
@SethAbid-jp5lf
@SethAbid-jp5lf Ай бұрын
Combodia is somewhat affected by bad law and order situation due to civil war in neighbouring country
@Exit-West
@Exit-West Ай бұрын
@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
@EllaBella-76 Ай бұрын
@@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 ...
@jojojoy
@jojojoy Ай бұрын
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
@samimorcos Ай бұрын
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
@jojojoy Ай бұрын
@@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
@Garcia061 Ай бұрын
It’s high on my list.
@lofu32
@lofu32 Ай бұрын
Borneo KK is extremely underrated and it’s up and coming
@lewisaus
@lewisaus Ай бұрын
Jojojoy is a famous KZbinr in eastern Malaysia
@organicmatcha8117
@organicmatcha8117 Ай бұрын
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.
@jamalgreen3056
@jamalgreen3056 Ай бұрын
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.
@cdb5662
@cdb5662 Ай бұрын
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
@YogaBlissDance Ай бұрын
he has a video like that I can't remember the title....
@Fabienscritique
@Fabienscritique 26 күн бұрын
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-hito8085
@azabujuban-hito8085 Ай бұрын
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
@Truthseeker371 Ай бұрын
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
@jonthorpe2824 14 күн бұрын
If I visit i'll make sure to bring my LA Dodgers stuff, lol.
@vladka390
@vladka390 14 күн бұрын
Is any place, more expensive, than Zurich, exist?)
@azabujuban-hito8085
@azabujuban-hito8085 14 күн бұрын
​@@vladka390 Probably Singapore. Or New York City.
@VARMOT123
@VARMOT123 Ай бұрын
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
@geoffmcintosh3
@geoffmcintosh3 Ай бұрын
Cambodia is way cheaper than Thailand and Bali. The retirement visa is easy to get as well.
@Hasanaljadid
@Hasanaljadid Ай бұрын
Not Good infrastructure and lifestyle
@Jack-2day
@Jack-2day Ай бұрын
@@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
@Learned333 Ай бұрын
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.
@thanosandnobill3789
@thanosandnobill3789 Ай бұрын
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
@dragonofparadise Ай бұрын
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
@garrettmgunderson Ай бұрын
@@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
@iluvlechon8810 Ай бұрын
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
@pinetworkminer8377 Ай бұрын
@@iluvlechon8810 Is your home the US?
@llee8325
@llee8325 22 күн бұрын
​@@iluvlechon8810 And their food & personal hygiene standards are so high, esp compared to anywhere in China.
@lego1bob1brick
@lego1bob1brick Ай бұрын
Writing this from Da Nang Vietnam... Can confirm its great!
@CodyBroseph
@CodyBroseph Ай бұрын
How r the waves right now for surfing
@lego1bob1brick
@lego1bob1brick Ай бұрын
@@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!
@mattlawrence7130
@mattlawrence7130 Ай бұрын
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
@Mikamichae 21 күн бұрын
Makes a nice change that it's easy to find rent
@mattlawrence7130
@mattlawrence7130 21 күн бұрын
@@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.
@just_alexk
@just_alexk Ай бұрын
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
@Learned333 Ай бұрын
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
@alinao625 Ай бұрын
Crime rate is high in Cape Town
@alinao625
@alinao625 Ай бұрын
Crime rate is high in Cape Town
@alinao625
@alinao625 Ай бұрын
Crime rate is high in Cape Town
@alinao625
@alinao625 Ай бұрын
Crime rate is high in Cape Town.
@metaversenews1
@metaversenews1 Ай бұрын
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
@Chris-qg8ss Ай бұрын
Start a small farm. You will NEVER be bored.
@metaversenews1
@metaversenews1 Ай бұрын
@@Chris-qg8ss LOL, I actually am. In Paraguay though.
@slavicstories2287
@slavicstories2287 Ай бұрын
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
@esbam2002 Ай бұрын
Need a 4 year degree to legally work in Vietnam as well. And able to get your documents notarized.
@slavicstories2287
@slavicstories2287 Ай бұрын
@@esbam2002 you can work here illegally. It's Vietnam. Nobody controls it
@Avacadofrommexicoyeah
@Avacadofrommexicoyeah Ай бұрын
Do you teach English in person or online? I would feel lonely working online. Much is missed when not face to face.
@slavicstories2287
@slavicstories2287 Ай бұрын
@@Avacadofrommexicoyeah I teach in training centers and public schools. I never taught online. It's less paid
@Avacadofrommexicoyeah
@Avacadofrommexicoyeah Ай бұрын
@@slavicstories2287 Thanks for getting back to me! I appreciate it!
@2GringosOnTheGulf
@2GringosOnTheGulf Ай бұрын
Thank you for sharing this. ❤ Great information as always sir. Cheers from 2 Canadians 🇨🇦 living in Mexico 🇲🇽❤✌🏼
@Thomas46457
@Thomas46457 Ай бұрын
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.
@backbeat44
@backbeat44 Ай бұрын
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.
@PassportDialectic
@PassportDialectic Ай бұрын
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
@toalamierda Ай бұрын
Why boring?
@PassportDialectic
@PassportDialectic Ай бұрын
@@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
@PassportDialectic Ай бұрын
@@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.
@rlgmedia5364
@rlgmedia5364 Ай бұрын
Surprised that Cambodia wasn’t on the list.
@alrent2992
@alrent2992 Ай бұрын
Dozen other countries are cheaper than this list. I agree.
@Velsbasketcase
@Velsbasketcase Ай бұрын
I have a 12 hour layover in Ho Chi Minh in 2 weeks, looking forward to it.
@SuperJutah
@SuperJutah Ай бұрын
I'm in Vietnam right now and it's great!!!
@YogaBlissDance
@YogaBlissDance Ай бұрын
Gosh your comment section is ALSO A TREASURE TROVE of info!
@kenvrinten3450
@kenvrinten3450 Ай бұрын
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.
@mynameisjeff. 24 күн бұрын
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.
@czechtravel
@czechtravel Ай бұрын
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?
@Magie_eats
@Magie_eats Ай бұрын
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
@kikokat4366 Ай бұрын
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
@Northmenn
@Northmenn Ай бұрын
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
@calamaridog
@calamaridog 11 күн бұрын
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.
@V.D.A-r8x
@V.D.A-r8x Ай бұрын
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..
@mikem3789
@mikem3789 Ай бұрын
Glad you mentioned Argentina. I’m also surprised Cambodia and Albania didn’t make the cut.
@BillonBass
@BillonBass 11 күн бұрын
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.
@nickbenshetler276
@nickbenshetler276 Ай бұрын
Can you do a full video on Brazil please! Thumbs up, so he sees
@MrGabrielgn
@MrGabrielgn Ай бұрын
He has already done
@azizsaidov6066
@azizsaidov6066 2 күн бұрын
You can also take a look at some central aiso countries like Kazakhstan, Uzbekistan, Turkmaniston, Krigisitan and others
@Kim-J312
@Kim-J312 Ай бұрын
Ooooo Argentina ❤and Chile❤ sounds great , great cities, great outdoor stuff like skiing and hiking . Thoses will be my next vacation
@stephenwatson672
@stephenwatson672 Ай бұрын
Indonesia has gold if you like gold prospecting.
@decTac
@decTac Ай бұрын
Nature disasters
@jbennison5672
@jbennison5672 Ай бұрын
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.
@kathleenkalt3852
@kathleenkalt3852 17 күн бұрын
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.
@OlafBoehm
@OlafBoehm Ай бұрын
Philipines is 100% taxfree and very easy to get resident there. basically its visa and taxfree and they speak all english and expert level!
@ramonechevarria7296
@ramonechevarria7296 Ай бұрын
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.
@Escape_The_Mundane
@Escape_The_Mundane Ай бұрын
Went to india and japan from germany, good places.
@VARMOT123
@VARMOT123 Ай бұрын
Visit eastern ghats and western ghats hill stations
@ChrisBakerauthor
@ChrisBakerauthor Ай бұрын
The altitude in Bogota just about killed me. It's almost 9,000 feet there.
@casojidesigns327
@casojidesigns327 Ай бұрын
Get some natural tea- from the coca leaf which is safe and not illegal and it is used for the altitud
@starsandsoul
@starsandsoul Ай бұрын
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
@Learned333 Ай бұрын
Probably the Scandinavian countries would make it into the top 10 on that list.
@YogaBlissDance
@YogaBlissDance Ай бұрын
Switzerland for sure! And the nordic countries.
@nomadcapitalist
@nomadcapitalist Ай бұрын
If you haven't already, be sure to watch our latest Live Like A King episode: Belgrade, Serbia 🇷🇸 - kzbin.info/www/bejne/rKqoq6abd8SJidU
@VirtousStoic
@VirtousStoic Ай бұрын
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
@Jack-2day Ай бұрын
Was there while back, very friendly locals & pricing was fantastic!
@rickmccann4016
@rickmccann4016 28 күн бұрын
Belgrade is a craphole.
@sarthak___007__
@sarthak___007__ 29 күн бұрын
As an Indian surprised to see india on the list
@iamjordonbarnett
@iamjordonbarnett Ай бұрын
Vietnam is the best - love it here. Hopefully the immigration policy will change soon
@izharkarim3537
@izharkarim3537 Ай бұрын
Ghaza strip most affordable #1.
@pinetworkminer8377
@pinetworkminer8377 Ай бұрын
😆🤣
@vsperatos
@vsperatos Ай бұрын
😂😂😂
@tomdee6819
@tomdee6819 Ай бұрын
The produce in Panama is very affordable and high quality but housing is more expensive then most countries on the list.
@globalretirementus
@globalretirementus 26 күн бұрын
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?
@calvinmcdowell8328
@calvinmcdowell8328 Ай бұрын
👍👍👍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
@rabins
@rabins 20 күн бұрын
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.
@advex4428
@advex4428 Ай бұрын
I live in Panama for 3 years now. I don't think it is very affordable. It is surely less affordable than Mexico. You can live on a small amount of money, if you know the ropes. Tourists and newbie expats usually pay way more than necessary for everything.
@drpartyy3799
@drpartyy3799 Ай бұрын
Panama City or out in the sticks ?
@RC94332
@RC94332 Ай бұрын
panama is NOT cheap
@advex4428
@advex4428 Ай бұрын
​@@drpartyy3799I wrote a couple sentences as a response. In short, I live in Panama City, but have explored the countryside. It can be cheap outside,but not cheaper than e.g. Mexico. My comment was deleted. For really no reason at all. KZbin is so bad.
@nik1800
@nik1800 Ай бұрын
With Malaysia new MM2h that requires buying a home plus having 150K US dollar deposit. It’s very viable for lot of people
@MJFUYT
@MJFUYT Ай бұрын
Thank you for this Andrew. Your information is invaluable for me.
@nomadcapitalist
@nomadcapitalist Ай бұрын
Thank you for watching.
@michaelsmith2078
@michaelsmith2078 Ай бұрын
Andrew, why didn’t Paraguay make the list? Brazil?????
@antonlevkovsky1667
@antonlevkovsky1667 23 күн бұрын
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.
@JDavisonPGAVietnam
@JDavisonPGAVietnam Ай бұрын
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.
@Yasin_Affandi
@Yasin_Affandi Ай бұрын
What a wonderful video.
@nomadcapitalist
@nomadcapitalist Ай бұрын
Thank you.
@Yasin_Affandi
@Yasin_Affandi Ай бұрын
​@@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. 😀
@blessparco
@blessparco Ай бұрын
Happy to know Philippines is mentioned. Filipina French here 😊
@Jets228
@Jets228 23 күн бұрын
New DTV (Destination Thailand Visa) is very easy to get and lasts 5 years.
@AncientMysteriesAndInnovations
@AncientMysteriesAndInnovations Ай бұрын
Panama was nice, lived there for 3.5 years
@iamjosaguiar
@iamjosaguiar Ай бұрын
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.
@charleskellymoneytipspodca9121
@charleskellymoneytipspodca9121 Ай бұрын
Very interesting. The cost of living in Vietnam is relatively cheap but real estate is not that cheap and private education for expat. Children is very expensive according to people I talk to. The Philippines is not that cheap anymore in the big cities and real estate has gone up a lot and is in a bit of a bubble. In my opinion. I agree that Kuala Lumpur real estate is surprisingly cheap compared to other Asian countries, and there is a good opportunity there to make money.
@xiaomashitu
@xiaomashitu Ай бұрын
Malaysia is very affordable Luxury =)
@mynameisjeff.
@mynameisjeff. 24 күн бұрын
Nobody talks about Lima Peru. Super affordable waterfront with a view.
@mattanderson6672
@mattanderson6672 Ай бұрын
Wonderful analysis Thank you Sir! Many Thanks Andrew
@nomadcapitalist
@nomadcapitalist Ай бұрын
Thank you for watching.
@Macedonia270
@Macedonia270 16 күн бұрын
What do you think about Argentina? I like the "Italy in Latin America" vibe they have going on but a little concerned about stability...
@wrathford
@wrathford Ай бұрын
I just finished watching a vlog video about Ho Chi Minh when this video was uploaded :)
@Corlione
@Corlione Ай бұрын
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.
@siskens
@siskens 13 күн бұрын
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
@meanocks
@meanocks Ай бұрын
I love what you do on your channel as we’re in the uk and really want out. But sadly we’re not high earners, so don’t fit your customer or viewer base. Great channel for folks who are able to invest large amounts though. I don’t know why anyone who’s Rich stays in these western countries. Amanda. X
@adamw3573
@adamw3573 Ай бұрын
I can't believe Belgrade is isn't in the list. Great city, great people, safe, and affordable.
@ahmedglobal2088
@ahmedglobal2088 Ай бұрын
Good video, but Uganda and Tanzania are very good places and affordable
@andrewfrolov893
@andrewfrolov893 Ай бұрын
What about Nairobi, Kenya?
@andrewfrolov893
@andrewfrolov893 Ай бұрын
@@sparkle1949 Expensive comparing to what major city? Let's take Eastern Europe, major cities there.
@GilmerJohn
@GilmerJohn Ай бұрын
I'm thinking of the song, "Next Stop is Vietnam!" (Yeah, I was there. Maybe I should go back.
@maxgluteus4263
@maxgluteus4263 Ай бұрын
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
@rocambole93 9 күн бұрын
so very true
@_jamesbradley__
@_jamesbradley__ Ай бұрын
Hey Brother, it has been a long time since I commented on your videos. As always, AMAZING content. You are the best! I am still employed and flying to SaoPaulo and Buenos Aires every month for work. On my off time, I have an apartment in Poblado Medellin and occasionally go to Pattaya. Hope you don't mind my input: Medellin is still very dangerous. Been robbed 3 times. Police are very corrupt. Thailand is awesome but many negative expats are bothersome. Brazil and Argentina are cool, but I don't want to live there. Thank you for all you do!
@nomadcapitalist
@nomadcapitalist Ай бұрын
Thank you for the compliment and for sharing your experiences.
@_jamesbradley__
@_jamesbradley__ Ай бұрын
@@nomadcapitalist you are the best 💯
@monicasar172
@monicasar172 5 күн бұрын
I’m surprised Cambodia is not on the list!
@thomashilmersen711
@thomashilmersen711 Ай бұрын
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.
@NaNu-j4d
@NaNu-j4d Ай бұрын
Great Video. Thanks
@carolc1543
@carolc1543 12 күн бұрын
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.
@tiomoidofangle102
@tiomoidofangle102 Ай бұрын
This is incredibly useful information.
@nomadcapitalist
@nomadcapitalist Ай бұрын
Glad to hear it.
@arthurmiranda8896
@arthurmiranda8896 Ай бұрын
Brazil? seriously? You pay 27.5% income tax if you earn more than US$6.400 A YEAR! We are going to have the highest taxes in the world if the trends persist, an most of our bankers/entrepreneurs have a Uruguayan dual citizenship. The only thing cheap in Brazil is labor and fresh food.
@kiviuq3495
@kiviuq3495 23 күн бұрын
I live in small town north east Brazil. On US$ 1000 a month I can live very well.
@riptyurass302
@riptyurass302 3 күн бұрын
27.5% is considered low though. In any western country you’d be paying 40%+
@arthurmiranda8896
@arthurmiranda8896 2 күн бұрын
@@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.
@KB3TLE
@KB3TLE 17 күн бұрын
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 ? 🤔
@rlgmedia5364
@rlgmedia5364 Ай бұрын
Vietnam is great. Pain for visas.
@callum4794
@callum4794 Ай бұрын
can you do a video on philippines residency visas
@Daredicover
@Daredicover Ай бұрын
VietNam ís beautiful country that I love. (02:31) excellent
@stefanstefanescu3202
@stefanstefanescu3202 Ай бұрын
Travelling and living in multiple countries, nomadic on tourist visa or trifecta, using airplane and with the possible jab obligation, might becone very difficult if not impossible soon, 2030. If it's up to the WEF and WHO we'll be not flying for fun due to so called global warming, be all jabbed due to so called virus dangers and we'll all be living in 15 minute cities by 2030. It's seriously unclear how free we will be in 2030. This should be anticipated for if you ask me. A five to ten year plan. Be prepared folks!!!
@allananonimozeta9345
@allananonimozeta9345 Ай бұрын
Do not comply
@stefanstefanescu3202
@stefanstefanescu3202 Ай бұрын
@@allananonimozeta9345 I won't.
@billiondollardan
@billiondollardan Ай бұрын
I don't want to live somewhere inexpensive. I want to live in a place where the government and the people are kind to me. I just returned from Australia and got shocked back into the US experience with a ridiculously rude TSA agent. My money will always be made here in the US, but I know that at some point I won't have to live here to earn it
@MalaPalabra-zr6wg
@MalaPalabra-zr6wg Ай бұрын
ARGENTINA
@williamgabrielmedeirosmach3370
@williamgabrielmedeirosmach3370 Ай бұрын
I'm Brasilian and here we have some high quality cities such as Gramado, João pessoa and Balneário Camboriú
@1queijocas
@1queijocas Ай бұрын
Brasil é um país comunista a caminho da falência
@toliu4u
@toliu4u Ай бұрын
Dear Sir. How about Argentina in 2025? Would you able to share your thought on this? Thanks .Tom
@neripinch8240
@neripinch8240 5 күн бұрын
Thailand ! A better quality of life, by far.
@maxflight777
@maxflight777 Ай бұрын
Hard to beat Portugal when you consider the non-existent crime !
@marcusklinge6620
@marcusklinge6620 Ай бұрын
I miss Paraguay on your list... Easy to get in and get the Cédula, 10% incometax for the money you make in Paraguay, for all the rest 0!% tax!! Living is cheap, buying property too, depending a bit where... but overall, I love it here!! And if you like to travel, it's more ore less the middle of the continent 😊 Oh, and concerning the safety, I love the fact that Paraguay is one of the last few countries that you're able to carry a gun officially 😁😁
@GodiscomingBhappy
@GodiscomingBhappy Ай бұрын
❤Colombia is awesome
@nomadcapitalist
@nomadcapitalist Ай бұрын
You may enjoy our Bogota episode of Live Like A King - kzbin.info/www/bejne/aIXCfXmeeL6mesU
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