What Would Happen If You Move To Colombia From The US ( How Much Would It Cost )

I like to save money, and one the biggest ways to save money is literally leaving the US, i did that in 2021 and move to Puerto Rico from New York and saved a lot of money, and then I moved to the Dominican Republic 2023 roughly. I like it hear a lot.
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1. Cost of living and moving
• My advice is this, if you are going to be moving somewhere, be careful with what you bring with you
• Sometimes you are better off just repurchasing things or just flat out getting a fully furnished apartment
• But lets run the numbers
For people trying to Own and People trying to Rent
• question can non residents own property ( yes )
• Price range by area but the average is about 50k-100k
• Question what are the best areas | Medellin, Bogota and Cartagena
For people trying to rent
• $300-700 it all depends on how many rooms and so on
Utilities
Food
Transportation
• this is one massive factor, because of importation, you can always expect to pay more for a car in other countries
2. Taxes
• non-residents get taxed at a flat rate of 35% this could change don't forget
• This is lower than California which has an average of 42% but really that depends because its on a step up basis
• But its definitely higher than if you lived in a state with no state taxes like Texas or florida
But their is two more taxes we often miss
• sales tax is 19% compared to California which is the highest at 7.25%
• The reason is because although taxes seem high, in a lot of countries people dont pay taxes and theirs a lot f corruption, so the best way to tax teh people is via when they buy things
• Gringo tax: this is the extra money people try to charge you for being a foreigner and them thinking you have a lot of money ( know your prices before you negotiate )
Imagine you go to a restaurant:
• you might get hit with a mandatory tip of 10-15%
• And then taxes of 19%
• That’s how they get you
3. Quality of life
• only 4% know how to speak English
• Time to fly over and cost of a ticket ( obviously depends on where you are flying from )
• Average salary: 4.6M per month or 1,058 dollars USD
Why is this important
• well this means you need to know Spanish or at least some to get around
• It’s not that long or as expensive trips for visits back to the US
• And lastly it tells you how much money the people make and how much money you can kind of have and be just fine ( that’s something i like comparing )
For example:
• if you make 4K in the US per month and feel like you barely have enough
• You know that the average person in the US makes the same and feels the same
• But in Colombia that’s 4x what they make, so you can do a lot better quality of life wise
4. Crime rate ( gated communities )
• 20% higher than the US
• Violent crimes are also higher than the US
• But i will say this, it all depends usually on where you live and places you frequent
I learned those lessons before moving to Puerto Rico
• everyone told me that it’s violent and so many get handled
• But living their was a completely different experience
5. Personal opinion
• it all depends on where you live
• visit before moving
• And you have a visitor visa that last about 90 days for free ( use that to see what you think )
So will i be moving to Colombia
• the answer is i already got my Colombia here in DR
• But i will be visiting Colombia God willing
• And I’ll probably go to Medellin
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[@BrainyBajanBeauty]

I don't live in the US but the Caribbean and returned from a trip to Colombia just 4 days ago. Seriously considering moving there.

[@James-kd1kp]

Nice, I'm looking at DR, but I've heard good things about Colombia.

[@juanburgos5545]

@@James-kd1kpIf you move to colombia believe me pal you won’t regret.🤛

[@Imhim247]

Please do living in different country series. This can be a thing on your channel

[@TommyBryson]

I'll do some more

[@Imhim247]

@@TommyBryson Yes!🙌🙌🙌

[@GRINDETHIKSMIXTAPESHOW]

@@TommyBryson 4k a month is a come up for me that is good flipping money

[@AFocusedLiving]

The Dominican Republic has beautiful beaches and vibrant cities, it has a lot to offer.🌴🏖🌇

[@juanburgos5545]

Don’t forget colombia have to both ocean pacific n Atlantic n not to mention a bunch of Islas very close to Cartagena.

[@satra270]

Thank you for this vid, I'm considering moving to Colombia and was not sure if it was safe at all, like you said money is just not enough here in the US any more everything is so expensive.

[@jaylam7920]

I definitely needed to see this. I’m moving there soon from TN and I’ve never been far from this state. (I’m only there for a year or two,) but changes like this are still scary of course.

[@stanleysalters1195]

I live n Chattanooga Tennessee

[@jimbarimayena9118]

Great video. Do some more videos on other south American countries bro. Great watch!

[@TommyBryson]

i got you bro

[@colbiepolite154]

Man I’m torn between Puerto Plata, Santo Domingo and Cartegena 😅

[@TommyBryson]

I've only been to literally santo domingo lol

[@colbiepolite154]

@@TommyBryson wow Puerto Plata is nice bro 😎

[@albrinks4017]

Cartagena is more expensive then the u.s😂 and the beaches are trash, downtown filled with overpriced hookers since the pookies arrived and overpay

[@NormNieves]

I like your video brother. I moved to Bucaramanga Colombia this year i fell in love with a proffesional woman 2 years ago and it's been magical.. im Puerto Rican BTW 8 wanted to know if you had any leads on making $500 a month online

[@Oenomaus556]

I’m in Colombia now and can’t goto beach. You’ll be food for the piranhas

[@jaylam7920]

Piranhas 😭 that’s scary

[@dbest4755]

Hey Tommy, I see you're in the Dominican Republic, living it up! Did you get kicked out of Puerto Rico or just needed a change of scenery? C'Mon Man...

[@TommyBryson]

lol I’m not sure how you get kicked out of an island, I live here because my family is here and I like it

[@GRINDETHIKSMIXTAPESHOW]

@@TommyBryson yo can u do a video on Guatemala i want to visit there and maybe live

[@iodominaastaroth]

how much EXACTLY is that 39% flat rate tax? wjat does that mean?

[@Imhim247]

Can we have a different options beside Airbnb?

[@TommyBryson]

for checking things out short term? You can do short-term rentals

[@Imhim247]

@@TommyBryson Imma kept that option open. Thank you!

[@5star187]

do el salvador

[@TommyBryson]

I'll get to work. Have you been there before ?

[@Driver2724]

Armenia colombia is best place to retire.

[@frankgeary7574]

Do you reside there?

[@Driver2724]

@@frankgeary7574 why everyone knows armenia colombia is great to retire not for young guy like you.

[@frankgeary7574]

@@Driver2724 44 too young?

[@Driver2724]

@@frankgeary7574 long way enjoy your life my son. Before you retire life is unpredictable journey and wisdom

[@frankgeary7574]

@@Driver2724 feel like I need to start my life over in another area. Don’t like the USA and want to go to a place where people look for peace first. Lost all my savings and now in debt. Lost a love relationship. I want a different way of viewing life and I’ve lived in the states my whole life and haven’t gained peace ever

[@j.matt3189]

not moving down to the islands ever. don’t want my house destroyed by a tsunami😂

[@TommyBryson]

Florida got crushed, so was New York and don’t forget Japan