Why I Chose Colombia as My Latin America Base

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  • čas přidán 15. 05. 2024
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    Ever wondered how having bases around the world can bring flexibility, options, and unique experiences? Join Andrew as he shares the reasons behind choosing Colombia as his Latin American base and unveils the Trifecta Method that guides his lifestyle choices!
    Years of collecting properties globally have given him a unique perspective on the benefits of having bases in different parts of the world. In this video, we delve into the considerations, options, and lifestyle philosophy that led Andrew to pick Colombia as his home in Latin America.
    00:00 Start
    00:40 Why Colombia Over Other Options
    2:20 Immigration Benefits in Colombia
    4:43 Immigration Benefits in Colombia
    7:03 Colombia's Tax System and Tax Residency
    10:34 Diversification and Lifestyle
    Nomad Capitalist is the world's most sought-after expert on legal offshore tax planning, dual citizenship, and international asset protection. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where you're treated best."
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Komentáře • 758

  • @Madness-iwnl
    @Madness-iwnl Před 3 měsíci +148

    The amount of foreigners I see here in Medellin on a daily basis is insane, digital nomads and entrepreneurs are coming from everywhere and staying here. Although I appreciate the love for the city I would also appreciate them paying taxes and not paying exuberant amounts of money for rent, as the rent prices are very high in some areas such as el poblado and laureles due to the foreigners that are willing to pay any amount without asking for advice from locals or more experienced travelers. From a business owner perspective it is good to have tourists that can boost our economy, from a personal perspective I think we need more strict regulations on immigration laws, because we’re just letting everyone stay here without asking questions as long as they have an American, Canadian or European passport.

    • @noreforer4533
      @noreforer4533 Před 3 měsíci +14

      I completely agree with you, I think gentrification is being a problem for Latinamerica specially in our Medellin, but I think as we as from developing countries (specially we as Colombians 😒) have many requirements migrating such a visas we should strong too our migration policy in taxes and turism etc because we invite visit us BUT deserve respect too, please just enjoy as turism short time but no more, if you want to stay follow strict rules as we got to do in your countries.

    • @AbeldeBetancourt
      @AbeldeBetancourt Před 2 měsíci

      These _"Nomad Capitalists"_ already broke New York and London. What do you think will happen to Medellin.

    • @julianarbelaez2928
      @julianarbelaez2928 Před 2 měsíci +2

      Coincido con usted, el problema se está extendiendo a otras ciudades del eje como Manizales y Pereira, muy delicado este tema.

    • @julianfelipepabonamaya9352
      @julianfelipepabonamaya9352 Před 2 měsíci

      También hay que tener en cuenta al arrendatario usurero que se aprovecha de la situación, sino tenemos la empatía y convivencia para resolver esto lo mejor es que se hagan una serie de marchas para que el gobierno de la ciudad al menos regule el preciod de los arriendos.

    • @julianarbelaez2928
      @julianarbelaez2928 Před 2 měsíci

      @@julianfelipepabonamaya9352 totalmente, espero que el gobierno tome medidas con respecto a esos Nómadas digitales y que empiece a trabajar el tema de los arriendos

  • @hernanruiz6683
    @hernanruiz6683 Před 4 měsíci +126

    He clearly said our country Colombia🇨🇴 is his base, Thanks for choosing our country, greetings from USA 🇺🇸 ❤🙏✌️✈️🇨🇴

    • @l.k.7940
      @l.k.7940 Před 4 měsíci +4

      1 of the 3 or 4 main bases of his since many years ago.

    • @AbeldeBetancourt
      @AbeldeBetancourt Před 2 měsíci +2

      Did you understand anything he *actually* said?

    • @Komnenit
      @Komnenit Před 22 dny +1

      @@l.k.7940He never said his “only” base, he just said “base”. Your objection is a straw man that you formed yourself, and logically invalid. Did you even read what he said?

    • @l.k.7940
      @l.k.7940 Před 22 dny

      @@AbeldeBetancourt obviously you didn't! Specifications Matter! By the way, the writer of the comment didn't have an issue with my reply!

    • @l.k.7940
      @l.k.7940 Před 22 dny

      @@Komnenit Specifications Matter!!
      When someone says "base" that usually implies main base!!
      Especially he is insisting by saying "He clearly said our country Colombia is his base"! instead of saying one of his bases. anyway. by the way, i love Colombia, just most of it isn't safe enough yet, hopefully peace and security will come there soon!
      By the way, the writer of the comment didn't seem to have an issue with my reply, he didn't even reply to my comment.

  • @shdsjsja.d
    @shdsjsja.d Před 4 měsíci +95

    I'm from Bogotá and I have Spanish residence. Life style wise if you have money you can live like a king or queen in Bogotá. The weather and greenery are the best part.... and obviously the coffee!

    • @gdornelas77
      @gdornelas77 Před 4 měsíci

      Don’t forget to tell them about crime and woman preying on foreigners.

    • @troystpaul100
      @troystpaul100 Před 4 měsíci +2

      Cali is mejor mi Hermano.

    • @thevanegas9678
      @thevanegas9678 Před 3 měsíci +10

      I lived 10 years in Spain and I love so much far living in Bogotá than any other part of Spain.

    • @MarcellaFlorez-np5wc
      @MarcellaFlorez-np5wc Před 3 měsíci +6

      Bogotá all the way. ❤

    • @Primavera127
      @Primavera127 Před 3 měsíci +1

      @@thevanegas9678really? Even with the traffic issues? I prefer Bogotá only because it’s more modern compared to old buildings in Spain and Europe. But traffic is hard in Bogotá

  • @rodmayo6361
    @rodmayo6361 Před 4 měsíci +76

    I also bought in Bogotá to diversify and so far I am very happy with my decision

    • @jasonlynch9407
      @jasonlynch9407 Před 3 měsíci

      Which area do you recommend?

    • @LiticoBunenditcher
      @LiticoBunenditcher Před 2 měsíci

      @@jasonlynch9407 Chicó Norte, La cabrera, Virrey, Teusaquillo, Ciudadela Colsubsidio, Colina Campestre

    • @jordan.h6821
      @jordan.h6821 Před měsícem

      How much?

  • @alohahawai
    @alohahawai Před 4 měsíci +120

    Beautiful beautiful country😊bogota amazing city, I agree friendly people, amazing food, you can have a maid..overall great place to live

    • @MarcellaFlorez-np5wc
      @MarcellaFlorez-np5wc Před 3 měsíci +4

      Love Bogotá ❤️

    • @diana914roam
      @diana914roam Před 3 měsíci +11

      "you can have a maid" this says a lot about you

    • @ViceCoin
      @ViceCoin Před 3 měsíci

      Predatory party girls.

    • @diegoosorio8421
      @diegoosorio8421 Před 3 měsíci +3

      @@diana914roamright like wtf??

    • @noreforer4533
      @noreforer4533 Před 3 měsíci

      It a great place to live but not for you if you are foreigner, you are welcome as tourist but respect us please. As we are not welcomed to live in your countries we should require the same strict requirements

  • @CaptainReverendo
    @CaptainReverendo Před 4 měsíci +80

    Had a great time in Bogota loved the city the culture the people the food and the coffee. Some of the folks I went with were too afraid to go out they were told Bogota is like Beirut but I always felt safe.

    • @evanforsell5322
      @evanforsell5322 Před 4 měsíci +17

      You need to be careful in Bogota just because you haven't been robbed doesn't mean it's not a common occurence there.

    • @danspencer4235
      @danspencer4235 Před 4 měsíci +5

      I spend most of each year in a city outside of Bogota' that has an airport. It's 30 minutes to fly to Bogota' and then I have all of those flight options, but I never have to deal with Bogo traffic. Sometimes I carry a cane/walking stick that I think makes me a lot safer. Why would a thief screw around with a guy carrying a meter-long brass hammer?

    • @GMacII
      @GMacII Před 4 měsíci +12

      Bogota is beautiful and I especially like that the Country shuts down certain roads on Sunday's in order for people to get out and be active. Oh and my favorite restaurant there is 'Osaka' 😋

    • @hernanww
      @hernanww Před 4 měsíci +1

      Medellín ❤

    • @ROCKNROLL947
      @ROCKNROLL947 Před 4 měsíci +14

      Some Colombians hate Bogotá because it is different from the rest of the country, and because it is way more cosmopolitan than the other cities.

  • @DiasporaDoodles
    @DiasporaDoodles Před 4 měsíci +50

    Hi and thank you for this. When I first started moving around the world, I felt I needed a huge capital to start building bases abroad. However, I discovered a cute little thing called Teaching Abroad. It has given me a chance to actually live and work on the 6 habitable continents of the world, explore each country and culture at my employers expense, get a sense of what it feels like to live in that country, live there legally for 180 days and then decide if I want to be there or not. It’s the reason I now have properties on 3 continents (my trifecta) all without a huge initial capital to start my journey. I’ve started to document my own experiences on my CZcams channel, with hopes that I can inspire people like me to reach the level you’re advising at a much smaller cost.

    • @l.k.7940
      @l.k.7940 Před 4 měsíci +2

      Hi, which countries did you like the most? and where did you make bases?

    • @imammarc
      @imammarc Před 4 měsíci

      You should do a video yourself! Would love to hear your story.

    • @DiasporaDoodles
      @DiasporaDoodles Před 4 měsíci +1

      @@l.k.7940right now, I love Spain because of the Beckham law and the fact it’s central to my other bases in South America and SE Asia. With my permanent residencies in Spain and Canada, I can cover the whole globe easily - and the fact that it all started with teaching abroad is humbling .

    • @gif24gt60
      @gif24gt60 Před 26 dny

      Which are high paying countries for ESL teachers relative to cost of living that do not discriminate against older people that would like to teach and earn an income?

    • @DiasporaDoodles
      @DiasporaDoodles Před 25 dny

      @@gif24gt60I have always loved the ease of the Middle East. English is a language of business and most countries in the Middle East and SEAsia are non English speaking countries so the demand for English language teachers is huge there. With relatively easy-to-access economies and an equally vibrant population, you’d have a market of clients waiting before you arrive. Qatar and Malasia are my favourites right now

  • @SanGeorge82
    @SanGeorge82 Před 2 měsíci +5

    Bogota is excellent choice, the city is very open to cultures and nicest places like natural parks and best gastronomy restaurants from local to international. The climate is just perfect to work. Enjoy Bogota!

  • @user-xg6yc8ho3w
    @user-xg6yc8ho3w Před 4 měsíci +59

    Just like any huge city in America, there are bad areas of town and good areas. I stayed 2 weeks in Bogota in the North side of town, and walked around every night feeling safe. Tons of people walking around at night with many shops, cafes, bars etc open and things to see.

    • @recoveryrider6183
      @recoveryrider6183 Před 4 měsíci +2

      I stayed in Chia but took the bus to Bogota almost everyday to meet my friend who was attending university there.

    • @toddmaek5436
      @toddmaek5436 Před 4 měsíci +8

      EVERY city, state, and country in the American continent is "in America"!!!!!!!

    • @user-xg6yc8ho3w
      @user-xg6yc8ho3w Před 4 měsíci +7

      @@toddmaek5436 No. The United States of America is the only country with the word ''America'' in it's name. So that's why everyone around the world referes to that country as America. Only stones and rocks don't understand this concept and get all upset. If someone wants to talk about a continent, they will say North America or South America. If they want to talk about a region of North America, they could say Central America. If they want to talk about that entire part of the world, they could say The Americas. But if a person is talking about just 1 country.......everyone knows that the USA is the one referred to as "America", since it's the only country in the world with that word in it's name.

    • @IWH8023
      @IWH8023 Před 4 měsíci

      ​@@user-xg6yc8ho3wAgreed! I wish that sense of ownership was used in more efficient ways.

    • @Cumulus_Nimbus
      @Cumulus_Nimbus Před 4 měsíci +4

      ​@@user-xg6yc8ho3weverybody knows that the name of the continent is America, not "The Americas". Its correct to say that you are from America if you are from the States but that doesnt change the name of the continent.
      North America and South America are sub continets.

  • @eduardoHMYT
    @eduardoHMYT Před 3 měsíci +12

    Thanks for sharing, we need more investors and Hardworking people around

  • @TrueTrue7
    @TrueTrue7 Před 4 měsíci +52

    This guy is a true nomad.

  • @andresfelipeayala1995
    @andresfelipeayala1995 Před 3 měsíci +21

    It is a beautiful country, it has a lot to offer like food, touristic places like Cartagena, Barranquilla, Bahia Solano (located in Choco) and friendly people. 😉

  • @williamrivero1075
    @williamrivero1075 Před 3 měsíci +25

    Great video, Bogotá has an interesting future.

    • @jasonlynch9407
      @jasonlynch9407 Před 3 měsíci

      Which areas do you recommend?

    • @user-zl7ye8zm7y
      @user-zl7ye8zm7y Před 2 měsíci

      Bogota sucks. Crime is high. People are meh. Medellin is best.

    • @LiticoBunenditcher
      @LiticoBunenditcher Před 2 měsíci +2

      @@jasonlynch9407 Chicó Norte, La cabrera, Virrey, Teusaquillo, Ciudadela Colsubsidio, Colina Campestre

    • @LiticoBunenditcher
      @LiticoBunenditcher Před 2 měsíci

      @@user-zl7ye8zm7y Mierdellin?

    • @AbeldeBetancourt
      @AbeldeBetancourt Před 2 měsíci

      By interesting you did mean "dark". Right?

  • @latinoandproud14
    @latinoandproud14 Před 3 měsíci +2

    I always enjoy watching your videos. Thank you for making me smarter.

  • @machiavelli8119
    @machiavelli8119 Před 4 měsíci +4

    Very interesting! I'd love to see a video like these for the other continents.

  • @iamawake9847
    @iamawake9847 Před 4 měsíci +11

    Excellent information...thank you from Australia

  • @Tee55118
    @Tee55118 Před 4 měsíci +16

    Yes, that's the Colombian classy wardrobe, open-neck dress shirt with solid cashmere sweater.

    • @czarizo05
      @czarizo05 Před 4 měsíci +5

      Bogotá👍🏾

    • @l.k.7940
      @l.k.7940 Před 4 měsíci +1

      ​@@czarizo05 Bogota no good, ugly city and cold.

    • @user-zl7ye8zm7y
      @user-zl7ye8zm7y Před 2 měsíci +1

      Bogota sucks.

    • @Tee55118
      @Tee55118 Před 2 měsíci

      @l.k.7940 true, not tropical. More like San Francisco or Denver.

    • @Tee55118
      @Tee55118 Před 2 měsíci

      @@user-zl7ye8zm7y 10% of tourists swing that way and enjoy the suck.

  • @GG-wh4ug
    @GG-wh4ug Před 4 měsíci +15

    Would love to see more apartment tours and interior inspiration!

  • @JDavi051
    @JDavi051 Před 3 měsíci

    I'm glad you're recommending my hometown. It really is a nice place full of benefits and, on top of that, amazing people and environments.

  • @bayshawnmalik
    @bayshawnmalik Před 4 měsíci +87

    I've built up my business here in Medellin. It is my base as well. Regime Simple gives me a 4% tax rate on my business and that alone made the move worth it.

    • @twilightguy132
      @twilightguy132 Před 4 měsíci +1

      Does it have to be a business with employees that you hire or could it be a one man show? Like establishing yourself as an LLC in the US and being the only employee and getting the benefit of simple regime

    • @bayshawnmalik
      @bayshawnmalik Před 4 měsíci +7

      @@twilightguy132 you can have a SAS which is the Colombian LLC and you don't need to have an employee. As long as the company makes less than about $750,000 a year, you will be able to get a tax rate from 2-6% based on the type of business.

    • @billybobthefirst1987
      @billybobthefirst1987 Před 4 měsíci

      ​@bayshawnmalik also based in Medellin how long have you lived here?

    • @michaelwatkins8710
      @michaelwatkins8710 Před 4 měsíci +4

      You should check your numbers with another accountant, the current limit to stay under for régimen simplificado (which is now called no responsables de IVA) was only 148 million pesos for 2023 (like USD 37,000 today). There are also factors that determine if you comply with being régimen simplificado, like you can only have 1 location.

    • @billybobthefirst1987
      @billybobthefirst1987 Před 4 měsíci

      @@michaelwatkins8710 2nd the above comment

  • @matiascocunubo7068
    @matiascocunubo7068 Před 3 měsíci +12

    I love Bogotá, it is an amazing city!

  • @bernadetteshiels5240
    @bernadetteshiels5240 Před 4 měsíci +1

    Great job, keep it up!

  • @donkeysaurusrex7881
    @donkeysaurusrex7881 Před 4 měsíci +19

    Very nice piece of art. I wish we could see the entire piece.

  • @gilveradoriano3726
    @gilveradoriano3726 Před 4 měsíci +50

    Bogota has a lot of problems like many other capitals, but the new mayor will fix them. The city is very cosmopolitan, some areas looks like London, some like Spain, we have great weather, fresh air from the mountains, we call it natural a/c, last years they open a lot of new great restaurants with good local and wordwide food options, coffee shops, bars, hotels etc, also there are many influencers doing fantastic food festivals, the supermarkets are always full of food and fresh fruit also you can visit museums, shopping centers, parks and the sorroundings like, Chia, Cajica, the amazing Zipaquira salt church, el Dorado airport is almost new and they will do an expansion, you can go anywhere from there, in couple of years we finally will have a subway and cercanias trains, the earth is getting warm every year, that is one of the reason why after 21 years living in the expensive Miami im moving back to Bogota. Now i can see why there are so many Americans and Europeans living in Bogota, always welcome!!

    • @voice.of.reason
      @voice.of.reason Před 4 měsíci

      I doubt it. Any left government is going to ruin the country, ultimately. It's already happening. I won't elaborate, just look it up

    • @juanchd4726
      @juanchd4726 Před 3 měsíci +4

      😂😂😂😂

    • @juanchd4726
      @juanchd4726 Před 3 měsíci +4

      The new mayor 😂😂😂😂

    • @javierpardo11
      @javierpardo11 Před 3 měsíci +2

      Respecto al metro , que aún no entrega los estudios , veo lejos soluciones a la movilidad, y más si es simpatizante de la modalidad BRT

    • @crare227
      @crare227 Před 3 měsíci +1

      @@javierpardo11El metro nunca podrá hacerse si Petro no está de acuerdo, aunque ya los bogotanos no le comen cuento a los caprichos del hampon mayoe

  • @carlosdavids777
    @carlosdavids777 Před 3 měsíci +3

    Welcome !

  • @fcaceres8539
    @fcaceres8539 Před 3 měsíci

    Interesting, thanks for the info, a place to visit

  • @jinglyjones1677
    @jinglyjones1677 Před 4 měsíci +11

    Request: can we have a comparison of SE Asia residency programs? Either way, love your videos, thanks for sharing

    • @nomadcapitalist
      @nomadcapitalist  Před 4 měsíci +1

      Great suggestion! Did you have a chance to see our recent videos on R&D channel, we are covering those countries there: www.youtube.com/@NomadCapitalistRD

  • @MarioRoa
    @MarioRoa Před 3 měsíci +4

    Colombia still has a lot of potencial

  • @jinglyjones1677
    @jinglyjones1677 Před 4 měsíci +10

    You mentioned once before paying for your first foreign property in cold hard cash, ~22k taken from the bank and hand delivered! It would be incredible to get more videos along these lines; Nomad Capitalism for beginners.
    Although I appreciate we are not your primary focus at NC! Enjoy & appreciate your videos.
    Edit: just heard your teaser along these lines at the end of the "Why I came back" video. Signed up for email notifications & fingers crossed

  • @johnellington1932
    @johnellington1932 Před 4 měsíci +2

    Great Idea.

  • @user-wq2yd5wp4j
    @user-wq2yd5wp4j Před 3 měsíci

    the most beautiful gift is very very nice hearted,helping and sweet behaviour people whom we cant find in any other continent

  • @AbeldeBetancourt
    @AbeldeBetancourt Před 2 měsíci

    It gives YOU. It takes from ALL of us.

  • @recoveryrider6183
    @recoveryrider6183 Před 4 měsíci +7

    Spent 2 weeks outside of Bogota last year on my travels. I couldn't help but think I would run into Andrew when I was in Bogota. 😁

    • @nomadcapitalist
      @nomadcapitalist  Před 4 měsíci +3

      Haha. But hey, you never know, maybe you'll run into him on your next adventure.

  • @MrJjg123ish
    @MrJjg123ish Před 4 měsíci

    Glad you're enjoying my ancestral homeland :)

  • @dolittle6781
    @dolittle6781 Před 4 měsíci +1

    Andrew gives a great talk here, but still say the greater the opportunities the smarter it would be to keep them secret so they’ll stay that way-but not necessarily a good thing for his business. I get it. When people go rushing into the current Shangri-La, the cost of everything will rise exponentially over time and spoil the whole kit and caboodle. But there will always be another such place to consider, and that’s what keeps things interesting and moving forward for Nomad Capitalist.

  • @os2171
    @os2171 Před 2 měsíci

    As a Colombian born and currently living in Bogota… interesting concept man…

  • @shawnleary
    @shawnleary Před 4 měsíci +11

    great stuff! also please help that tree behind you :)

  • @Garcia-elf
    @Garcia-elf Před 4 měsíci +1

    I’m here!

  • @zoos_lol4106
    @zoos_lol4106 Před 4 měsíci

    Good for you big boy

  • @Tee55118
    @Tee55118 Před 4 měsíci +7

    Yeah, you have to have your own tea, because most other residents are drinking instant coffee nescafe. Best to have your own place stocked with your own tea, your own cashmere wardrobe, and your own fine art on the walls. And yeah, a bit old-fashioned western civlized ambience in the Bogota neighborhoods.

    • @l.k.7940
      @l.k.7940 Před 4 měsíci

      😆😆
      There are no coffee shops or other drinks shops that sell tea there?

  • @travelwithtrey6733
    @travelwithtrey6733 Před 4 měsíci +13

    Will be in Bogota in next week. Thanks for the video 💪🏾

  • @PegasusFleets
    @PegasusFleets Před 2 měsíci +1

    Helpful.

  • @daviman26
    @daviman26 Před 4 měsíci +89

    I lived in Bogota for 12 years. I have to add that healthcare is excellent and very affordable. However, I left because of some issues like loud house parties every weekend (yes, even in the fancy neighborhoods like Chico), crime, and the general lack of common courtesy... yes, Colombians are very kind to their friends and family (aka people who know them), but they can be very rude to strangers (pedestrians, neighboors, service staff) in everyday life, which to me it's being two-faced. Anyway... I got tired of that and I'm still "young" at 42, so I wanted to see other parts of the world. I moved to Virginia for the summer and currently I live in Indonesia. We will see what's next :)

    • @IWH8023
      @IWH8023 Před 4 měsíci +27

      It is hard to connect as an outsider in a tough city. Manizales could have been a better bet. Manners go out the window when life is hard. NYC is an example.

    • @daviman26
      @daviman26 Před 4 měsíci +11

      @@IWH8023 I agree with that. I guess the biggest difference is New Yorkers never claimed to be the friendliest people on Earth 😄 but Colombians do! This can be very misleading and it triggers some of my pet peeves. Having said that, I did enjoy at least the first 5-7 years I lived there and I can see why Nomad chose it as his base in Latam

    • @IWH8023
      @IWH8023 Před 4 měsíci +14

      @@daviman26 The key factor is how happy can you be at that level of poverty and government abuse. I have to say The Philippines have the upper hand in this metric. Another thing: poor countries have the worst wealthy people.

    • @daviman26
      @daviman26 Před 4 měsíci

      @@IWH8023 100%

    • @drewskeez1156
      @drewskeez1156 Před 4 měsíci +17

      a lot of people are fake, its annoying. Ive had what I thought were genuine and positive interactions with people and then when im walking away I can see them making a disgusted look...that sort of thing has happened more than once. A lot of them have negative views of foreigners and are nice because they want something. Once that happens to you a couple times your views towards them unfortunately start to change.

  • @robwolfe3532
    @robwolfe3532 Před 4 měsíci +7

    so has a video been done on which residences are best to insure a person is taken care of if they require assisted living in the future? im very interested in the multiple residence strategy but really want to have a place that will have my back when if I require a medical assisted residence.

  • @amirahariana5136
    @amirahariana5136 Před 3 měsíci

    Your are the big papa every were you go ....🎉

  • @itubemaex
    @itubemaex Před 4 měsíci

    great choice 😊

  • @FlowtnWitWalden
    @FlowtnWitWalden Před 3 měsíci

    I received Panamanian residency three years ago. Now working on Paraguay. Yes for the working stiff without oodles of extra capital these small Countries with affordable residency programs are a great option (although Panama FNV price increased dramatically). I agree it can't hurt to have multiple second residencies.

  • @petejohnson5594
    @petejohnson5594 Před 4 měsíci +2

    Stay on the North side of Bogota as is generally safer. Chia a nice area 45 mins North with cleaner air. For an incredible value, go 1.5 hrs further North to Zipaquira, Tocancipa, or Gachancipa. 40-50k for a 2-2 but you have to spend more than that for the residence permit. Stay max 6 months of the year without.

    • @recoveryrider6183
      @recoveryrider6183 Před 4 měsíci

      Chia is nice although walking to Andres Carne we decided to take a ride home in the evening as the neighborhood there looked rough. Sopo was a clean town and the residents took pride in their homes and streets.

    • @drewskeez1156
      @drewskeez1156 Před 4 měsíci

      easiest thing to do is stay 6 months out of the year while doing nothing, absolutely. Only reason id ever buy something is so that when I went there I could have my place set up exactly like I like it with the vibe I want, just like he alluded to. in the video. Because even if I had a place there I wouldnt stay for more than 6 months to avoid the taxes on worldwide income.

    • @davidalarconquinones87
      @davidalarconquinones87 Před 3 měsíci

      Noon. The north is a little boring. Try The Center in La Macarena area or Centro Internacional de Comercio. Even La Candelaria.

  • @SandroSket
    @SandroSket Před 4 měsíci +3

    Great listening to this while I'm here in Bogota. You mentioned Peruvian restaurants. Is there a particular one you recommend?

    • @l.k.7940
      @l.k.7940 Před 4 měsíci

      How would Peruvian food compare to Colombian food?
      By the way, many Peruvians eat mice & rats as part of their food culture.

  • @danielsanchez205
    @danielsanchez205 Před 4 měsíci

    Inspiration

  • @HoustonGuy
    @HoustonGuy Před 2 měsíci

    Love COLOMBIA!!!

  • @FelipeMalagon6758
    @FelipeMalagon6758 Před 3 měsíci +3

    Aqui en este pais debes analizar muy bien tus pasos! por lo demas, Bienvenido!

  • @barranquillero1979
    @barranquillero1979 Před 4 měsíci +5

    Please do yourself a self enjoyment treatment… go to Barranquilla’s Carnival… have a blast!

    • @victoriadedicova
      @victoriadedicova Před 3 měsíci

      Carnaval de Pasto. Barranquilla is so early 2000's

  • @trevorsmith7753
    @trevorsmith7753 Před 4 měsíci +13

    Beware friendly lassies offering free drinks!

  • @PassportGods
    @PassportGods Před 4 měsíci +5

    Good stuff! Making plans for Cali 🙏

    • @Gumption1111
      @Gumption1111 Před 4 měsíci +1

      Cali's a dump. Do Medellin or Bogota.

    • @nomadcapitalist
      @nomadcapitalist  Před 4 měsíci

      Have fun!

    • @l.k.7940
      @l.k.7940 Před 4 měsíci

      Cali it's beautiful but mostly not safe enough.
      Bogota, Medellin, kind of ugly and kind of cold.
      Much better try Pereira, Manizales, Armenia, Cartagena.

    • @l.k.7940
      @l.k.7940 Před 4 měsíci

      ​@@Gumption1111 if Cali is a dump then Bogota and Medellin are 2x worse! and at least Cali it's beautiful, the other 2 cities you mention are just kind of ugly and relatively cold!

    • @Justinacefire1
      @Justinacefire1 Před 4 měsíci +1

      @@l.k.7940 Medellin is kind of cold? Maybe if you're from Saudi Arabia or something lol.

  • @lee_gaming0114
    @lee_gaming0114 Před 3 měsíci

    Money is not everything, but it's everything; it gives you options.

  • @RRsqx324
    @RRsqx324 Před 4 měsíci +3

    I have my trifecta Dubai Melbourne and Delhi

  • @skyscan5225
    @skyscan5225 Před 11 dny

    I have a coffee farm and country house here in Armenia, Colombia. Beautiful place to live. Love it here. A great lifestyle/weather and cost of living is reasonable. However a lot of people are moving here from Bogota to get away from the big city. So real estate is increasing from when we invested 10 years ago. Of course my wife is Colombian so that made relocating from Canada a bit easier. Cant imagine retiring in Canada.

  • @kabysummit5801
    @kabysummit5801 Před 4 měsíci +6

    Sir, what do you think about Philippines as a residence? How about Taiwan?
    I’m not sure if I’ve come across your videos on these two nations.
    Edit: my business is expanding into these two places. Your thoughts would be greatly appreciated!

    • @nomadcapitalist
      @nomadcapitalist  Před 4 měsíci +1

      Thanks for the question!
      Here you can see the video about How to get Residence in the Philippines: How to get Residence in the Philippines
      And, We have covered Taiwan in this blog, hope it helps: nomadcapitalist.com/global-citizen/second-passport/taiwan-visa-citizenship-guide/

    • @lastpreacher9093
      @lastpreacher9093 Před 4 měsíci

      Pablo Escobar territory. Scary.

    • @MaryCarmenMiranda
      @MaryCarmenMiranda Před 4 měsíci

      ​@@lastpreacher9093 hahahaha

    • @user-ry1cc1im6f
      @user-ry1cc1im6f Před 4 měsíci +3

      @@lastpreacher9093 he's alive only in your mind ... not as the serial killers in the US and children who kill children in schools there... sad

  • @maximillianmaddy9035
    @maximillianmaddy9035 Před 4 měsíci +7

    So when you are not there, is your property empty during the time you are not there? Whats your view of what to do with your property if you are not there? Until you retrun.

    • @nomadcapitalist
      @nomadcapitalist  Před 4 měsíci

      Great question, we have covered it in this video: czcams.com/video/tOJ7Tav-0qY/video.html

  • @kev_999
    @kev_999 Před 3 měsíci

    I lived in Ciudad de Oaxaca and San Cristobals de las Casas for 6 weeks each and now I’m in Xela.
    Have you visited these cities?

  • @johng8534
    @johng8534 Před 4 měsíci +8

    My home base is Bogota for 3 years... The north is the best. Usaquen, Chia, Cota, Cedritos, Santa Barbara ect. Love it here... yes its a ugly place if you only say in Downtown or the South.

    • @sianstpaul1349
      @sianstpaul1349 Před 4 měsíci +2

      how about Chapinero central?

    • @diego4lbarracin
      @diego4lbarracin Před 4 měsíci

      @@sianstpaul1349 I don't like it at all. I mean, it's way cheaper than other areas in the Chapinero area, but I don't like it.

    • @johng8534
      @johng8534 Před 4 měsíci

      I avoid Chapinero... you might have a nice spot.. but when you exit your house its ugly. Best to go more north. @@sianstpaul1349

    • @hernanvalbuena2322
      @hernanvalbuena2322 Před 4 měsíci

      That is good spot!!!@@sianstpaul1349

    • @oblivioncapricorn
      @oblivioncapricorn Před 4 měsíci +2

      There are beautiful parks and living neighborhoods in the South Side of the City but you're not prepared for that conversation, and actually it's good that way so you won't create any gentrification in the whole city.

  • @rfggibson
    @rfggibson Před 4 měsíci +4

    Brilliant

  • @keangwooichoo6138
    @keangwooichoo6138 Před 4 měsíci +2

    Andrew, can you tell me about safety there.

  • @investinginsobriety320
    @investinginsobriety320 Před 3 měsíci

    I've visited nearly every city on the Brazilian coast. If you're a city-guy you're going to mildly disappointed North of Rio. Cute smaller cities in the North, but might get bored. Forteleza to Espírito Santo has very nice beaches. Rio, even in Leblon can be a little shady. Check out Balneario Camboriu or Floripa.

  • @Tee55118
    @Tee55118 Před 4 měsíci +22

    Yeah, in my time on the ground in Dubai, I regularly got glimpses of the local street economy that the Emir would rather that I not acknowledge. So it always helps to know what you are getting into. Bogota, of course, adheres to Western ideals of more openness. I've lived in both places, and they both are lovely places to live, but you have to use different street smarts in Bogota as opposed to the street smarts in Dubai.

    • @ItsMeChillTyme
      @ItsMeChillTyme Před 4 měsíci +1

      Would you share what those street glimpses are? I hear a lot about the "shady side of dubai" type of stuff but it's always very mixed. To me Dubai just seems like it is hiding something right on the outskirts maybe that is just unexpected.

  • @Yahya_Warrak
    @Yahya_Warrak Před 4 měsíci +16

    Can u plz talk about Paraguay and Uruguay residency programs
    with path to citizenship without need of living on shore?

    • @nomadcapitalist
      @nomadcapitalist  Před 4 měsíci +3

      Great suggestion. Keep an eye on our R&D channel. We will be covering them in the upcoming videos: www.youtube.com/@NomadCapitalistRD/featured

    • @williambrady1043
      @williambrady1043 Před 4 měsíci

      I'm in Argentina and I love the people and I believe it's less expensive than either of those 2 countries. I will soon explore Paraguay so am talking through my hat on that one. I've heard nothing but good about it though.

    • @nomadcapitalist
      @nomadcapitalist  Před 4 měsíci

      ​@@williambrady1043 We talked about Argentina recently: czcams.com/video/UYs4DCEsdBI/video.html

  • @darovi
    @darovi Před 4 měsíci +26

    As a Spaniard I could get Colombian citizenship in 2 years after getting permanent residency, do you you think is a good idea? Are there any downsides?

    • @andys3138
      @andys3138 Před 4 měsíci +17

      There’s downsides to living in every country

    • @nostradamus7648
      @nostradamus7648 Před 4 měsíci

      The Cocaine isn't as good as Peru's.

    • @mateoperez3154
      @mateoperez3154 Před 4 měsíci +11

      im colombian and im thinking doing what you said but with spain hahaha.
      is a good a idea¿

    • @bunnystrasse
      @bunnystrasse Před 4 měsíci +1

      Wait what? Really? They allow you to immigrate to Colombian as a Spanish?

    • @darovi
      @darovi Před 4 měsíci +8

      @@bunnystrasse No, you need residency (visa R) like everyone else, but after becoming a permanent resident you can get citizenship in 2 years instead of 5.

  • @mikechamberlain4627
    @mikechamberlain4627 Před 4 měsíci +1

    I guess I am not the only one living the trifecta. 😂 Tampa, Cancun, and my favorite... Medellin!

  • @alejandramariasanchezcorre3465

    En Colombia lo tienes todo...todo

  • @dakota-rt8kd
    @dakota-rt8kd Před 4 měsíci +15

    On board 🎉❤😊🎉 Shine 🎉 There's a lot of efforts; security wise which are presently taking place and the Government, is seriously implementing some positive changes!!!
    The weather is awesome; I hate the cold 😅
    Just don't give "papaya" a local saying; meaning don't be stupid and don't take stupid risks. As you should do anywhere in the world; every city has areas where one shouldn't go.
    To be honest, there's many places in the USA, that I would never go wondering 😊
    Yes, the food and the music are sensational and the party never stops 😂🎉❤🎉❤🎉❤

    • @jonl6925
      @jonl6925 Před 4 měsíci

      Victim blaming

    • @iodominaastaroth
      @iodominaastaroth Před 4 měsíci

      @@jonl6925?? how so? im genuinely curious

    • @Mafia_Warrior_Entertainment
      @Mafia_Warrior_Entertainment Před 4 měsíci

      Colombia's Crime Wave Has Gone Up In The Last 2 Years. Its NO WHERE Near Being Safe.

    • @srshwa
      @srshwa Před 4 měsíci +1

      Don’t give papaya means more along the lines of “don’t show off/ be flashy”

    • @dakota-rt8kd
      @dakota-rt8kd Před 4 měsíci

      @@jonl6925
      Meaning!?
      Please, if you choose to do so. Read my extended replying I just made below 😉

  • @fidlaf1
    @fidlaf1 Před 4 měsíci

    That is so nice. ❤

  • @M3LTUP
    @M3LTUP Před 4 měsíci

    Why would you choose Bogota over Medellin ? Just curious.

  • @neocuriositi
    @neocuriositi Před 4 měsíci

    I wish he would speak about making money and how to do it to have the option to do these

  • @ericeverson5956
    @ericeverson5956 Před 4 měsíci

    Hi Andrew, I'm curious, how is your new Mercedes?.....................Peace.

  • @benhackley5069
    @benhackley5069 Před 4 měsíci

    How do you establish a tax base country under your tri-fecta method?

  • @Ascending4111
    @Ascending4111 Před 3 měsíci

    I have been shopping and buying land in countries that have the lowest amount of herbicide and pesticide use in the food supply. The Virgin Islands, and the Philippine's are 2 of them.

  • @jasonlynch9407
    @jasonlynch9407 Před 3 měsíci

    Which areas of Bogotá are best for living in?

  • @solascripturaPR1517
    @solascripturaPR1517 Před 4 měsíci +15

    So.....
    It's not because you're trying to meet Shakira? 👀👀👀

    • @d.f.9064
      @d.f.9064 Před 4 měsíci

      She's in Spain.

    • @xavier3098
      @xavier3098 Před 4 měsíci

      Where is she getting taxed tho? 😂😂😂

  • @raulparedesr.1218
    @raulparedesr.1218 Před měsícem

    5:00 I wonder what you mean by investing in Colombia. Is it buying real estate?

  • @devanii
    @devanii Před 2 měsíci

    when do you need to pay income taxes when you have airnbn there?

  • @WaterOfPanela
    @WaterOfPanela Před 3 měsíci +2

    I've lived all my life in Bogotá and foreigners are becoming more usual than ever. You're welcome. As you said, I also agree with not being the US lap dog any more.

  • @aaronadam4747
    @aaronadam4747 Před 4 měsíci +3

    How do you stay safe in Bogota?

    • @nomadcapitalist
      @nomadcapitalist  Před 4 měsíci

      You can see more about Andrew's experience in Bogota here: czcams.com/video/fNhxKDtvVs8/video.html

  • @kb3809
    @kb3809 Před 4 měsíci

    Great Emeralds

  • @stefistefi6069
    @stefistefi6069 Před 3 měsíci

    If you must choose one place to live, where is this?

  • @sebasrr9439
    @sebasrr9439 Před 3 měsíci

    Cool

  • @hoppeanofasgard1365
    @hoppeanofasgard1365 Před 4 měsíci

    Thats interesting about the civil law and immigration, I thought most latin American countries were heavily bureaucratic, is this not the case?

  • @VBN59Z
    @VBN59Z Před 3 měsíci

    Does he list his other residences?

  • @whiterabit09
    @whiterabit09 Před 4 měsíci +4

    If your only hobbies are eating at high end restaurants every night and buying the latest fashion......
    You can live in any large city in the world.
    If you are a double digit millionaire, despite coin clutching you can afford to live anywhere.

  • @TysonJensen
    @TysonJensen Před 4 měsíci +16

    entonces, ¿usted puede hablar español?

  • @ericbpreston
    @ericbpreston Před 3 měsíci +5

    I can’t speak to Bogota but I’ve been to 46 countries and Medellin was the only place I’ve ever truly felt in danger just walking around.

    • @JKweez
      @JKweez Před 3 měsíci

      When were you there, and what part of the city were you walking around?? I've been there 6 times in the past 5 years, and never felt like I was in danger. Bogotá and Cartagena are a different story. I was almost kidnapped in Cartagena, and I was robbed in Bogotá.

    • @victoriadedicova
      @victoriadedicova Před 3 měsíci

      Visit Philly.

    • @Colombia_tu_PAPA
      @Colombia_tu_PAPA Před 3 měsíci

      @@JKweez I can understand that perhaps they tried to rob you in Bogotá, but kidnap in Cartagena??I have never heard of a case like this in the city in my life.

  • @user-fw6ne7zz4y
    @user-fw6ne7zz4y Před 3 měsíci +2

    You would luuuuuuuve Argentina. Best meat ever. And the list of good things are a lot.

    • @user-zl7ye8zm7y
      @user-zl7ye8zm7y Před 2 měsíci

      Argentina is aight. People in Buenos Aires are weird. Like cats.

  • @Stuart-ik1be
    @Stuart-ik1be Před 4 měsíci

    W hotel usaquen is this perfect for 7 nights trip to bogota?

    • @Bogotaeverything
      @Bogotaeverything Před 3 měsíci +1

      Casa Medina Four Seasons is so pretty… W is fine

  • @rudfil
    @rudfil Před 4 měsíci +17

    Any reason why Argentine is never mentioned? I know the economy is bad there but I hear everything is really inexpensive for tourist because of their devalued currency.

    • @nomadcapitalist
      @nomadcapitalist  Před 4 měsíci +10

      We have a recent video about Argentina on our R&D channel, you can see it here: czcams.com/video/iFmE7-m7Ba0/video.html

    • @l.k.7940
      @l.k.7940 Před 4 měsíci +2

      The economy in shambles there! That also means crime is up, unless they place tough anti-crime measures expect to be affected by crime there!

    • @rudfil
      @rudfil Před 4 měsíci

      @@l.k.7940 I’ve been there many times as a tourist and never even seen a crime but I’m sure there is but usually it’s petty crime.

    • @gadget00
      @gadget00 Před 3 měsíci

      is not only the economy, but crime and also government incompetence (bureaucracy) are a burden to consider Argentina as a good place to live. Maybe tourism is still good, but to actually live there? Not right now if you want peace of mind. We'll see if the new president can turn things around

    • @rudfil
      @rudfil Před 3 měsíci

      @@gadget00 I've travelled there many times and never felt unsafe. You just don’t go to certain neighborhoods just like any other city

  • @Miya-ub5qn
    @Miya-ub5qn Před 4 měsíci

    In Asia where is your base?

  • @user-zb2st6zi6j
    @user-zb2st6zi6j Před 24 dny

    Problems: Bad traffic in Bogota and no Metro. A Metro is being built but it is going to be a while. Also, if you travel outside of Bogota, you absolutely have to speak Spanish. He is right about the food. It is of the same quality as New York without the cost.

  • @ernestomytv
    @ernestomytv Před 4 měsíci +2

    I always get to third base with the Ladies 😮

  • @babeeeshark
    @babeeeshark Před 4 měsíci +1

    if anyone in medellin, how bad is pollution compared to ny or london?

    • @ACruz-kq9di
      @ACruz-kq9di Před 4 měsíci

      Probably not as bad as other major cities but bad enough that it was a big reason I decided to move outside the city. Medellin is too hot and crowded for my taste.

  • @rodneysuarez4220
    @rodneysuarez4220 Před 3 měsíci

    Bogota is awesome. Quality of life is great, culture is vibrant and safety wise maybe there's room for improvement, but if you have money you don't get exposed to those unsafe situations.

  • @inlovelyblue
    @inlovelyblue Před 4 měsíci +4

    Paraguay is only good for banking. Living wise, it sucks hard. But mate, you're dropping every secret as to why I love Bogota. Don't, I don't want a huge influx of 'passport bros'. I love your channel, but this video.... Send them to Medellin....

    • @gadget00
      @gadget00 Před 3 měsíci

      why banking? Some of us in Latin America have developed a vision of Paraguay being the "least advanced" country in South America as a whole; maybe it's a disjointed vision due to online memes, their extremely funny accent and their ties to brazilian drug trafficking stories. But again, why "banking" exactly? Thanks in advance for your time