The Ultimate Plan B Real Estate Plan
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- čas přidán 15. 05. 2024
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Join us as we explore the world of Plan B real estate strategy! From luxury Villas in Europe to exotic getaways in Southeast Asia, we'll uncover potential locations that offer diversification, residence permits, and even citizenship options. Don't miss out on crafting your dream Plan B with us!
00:00 Start
00:30 Mexico
2:35 Exploring Real Estate Options in Europe
5:00 Considering Properties in South America
7:55 Eastern Europe
11:04 Southeast Asia
12:18 Exotic locations for Plan B Real Estate
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."
Nomad Capitalist has served as the “architect” and “general contractor” for 1,500+ clients who wanted one company to manage their holistic plans. We help these clients keep more of their wealth, increase their personal freedom, and protect their families and wealth against current and future threats at home.
Our in-house team of researchers, strategists, and executioners know more about these strategies than just about anyone. We’ve also spent more than a decade building a trusted network of attorneys, accountants, real estate agents, and others to assist our clients. As a result, our approach is not only holistic, but agnostic; we offer our clients advice on and options in 90+ countries, more than any other firm by far.
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DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.
As an American, I have no plan B. We enjoy our military, guns, alligators, lack of affordable healcare, and corrupt republic. When things go bad, we know our government will be there to take care of and regulate all of our needs in the best ways possible for their personal gain.
I hope you are not serious about government taking care of you here when s&$it hits the fan? I've seen too many people die who thought that.
@@alexandramccarthy4648 at the end, he said : " for their personal gain"😅
They spent billions to Ukraine. Check out how much they spent in Hawaii fire
Brilliant, to the point!
What are you smoking?? BIDEN HAS RUINED ALL THAT FOR US👹🤬🥵🤯😱
I bought property in Singapore when I migrated here 20 years ago. I have no regrets. By today I retired at 50 and the rental incomes give me the freedom to travel and have a good life in Singapore.
My wife, son and I saw the writing on the wall in the US and we all moved to Mexico about two years ago. As we watch the US continue to melt down we are so glad we did, although I'm heartbroken about what the US has become. We don't expect to ever return.
Bro what part of Mexico ?
Yup, my wife is Brazilian so we went there. I don’t think we’ll ever go back either. Love it here.
We did the same leaving Spain for Mexico. Things are getting crazy in woke and increasingly more totalitarian Europe. And it will get much worse still.
Where in Mexico? I found Merida and Yucatán peninsula to be too hot
Not a current US fan, but Mexico??? Puleeze!!! Haven’t seen airship gun battles with Cartels in US, yet (yes, we know, yet) like in Sonora… And if not Mexican, you have to rely on their police???? The Federales🤣😂🤣😂😳 good luck!
This guy's mind is like a human geography map. I totally admire his wisdom. Im broke, but I love listening to his view on the world. There are multiple ways to mastermind a plan B, and it doesn't require millions of dollars,
Yup. Im currently getting my Dominican Republic citizenship through ancestry for a few hundred bucks via my mother. Just need to keep researching for better options
I AM BROKE TOO BUT AT LEAST I CAN DREAM OF BEING RICH WHENEVER I LISTEN TO HIM.
Yes!
He inspires me every day to get the heck out of here!
Guys, if you're broke there has never been a better opportunity to start a business online. All you need to live abroad as a single guy in some places is less than $1000 (I lived in central Mexico and Guatemala on $600 for years). Earning $1000/mo is selling 50 products at $20 profit, or 25 products at $40. Save up $10k, move to Mexico and give yourself 12 months doing 40 hour work weeks. If for some reason you can't make even $1000, you come home. You go back (with the best experience of your life) and live paycheck to paycheck again. Those jobs are available always. This is almost literally what I did and I've been living abroad for over 10 years now.
Canadian couple in their mid fifties. Discovered Nicaragua 7 years ago and making plans to make this our retirement haven. Found and bought the property, building starts next year and can’t believe how inexpensive it is versus any Canadian property. Obtaining permits is a breeze and we can have pretty much any size or design without having big brother telling us what we can and cannot do.
is it a safe place?
@@omar8102 Yes. There is obviously some parts of the major cities that I wouldn't be in at night but violent crimes are not common. Petty theft and crimes of opportunity is what you see mostly.
If global poo hits the fan, a rural place in a semi communist country will not look so good
Safe place but a complete shit hole of the highest order. Never seen anything like the plastic and trash here anywhere on Earth.
El Salvador is doing way better, less inflación and it is the safest country in the Americas now.
I am Mexican with a Mexican passport. I can maneuver the country well, my father owned many businesses and real estate there. Its been either confiscated by the cartels or by tenants, he sold the rest. I' never thought I'd see the day. He said once the cartels come a knocking the party is over. The money and power the cartels are gaining due to the US open border is scary. I've lived in Chile and I've traveled to Argentina. I am seriously considering Argentina as my plan B if Milei wins. Highly education population, 1st world medical, rich culture and food, rich in resources, gorgeous geography from Iguazu waterfalls to vast beaches, to worls class ski resorts and of course the expansive Pampas. Real estate is still very affordable.
Can you do an episode on Argentina after the Sunday elections?
yes milei!!!!
So as a US citizen, if I make the mistake of buying property in Mexico (as a place to live) what's the likelihood the cartels will show up saying, "We really like your house!"
I'd stay away from Mexico.
@@elzoog your house, your car, your wife, your daughter...
Paraguay is not a mid 5 figures - ~$50,000 - permanent residency cost. It is a mid FOUR figures. $6000+ including your attorney fees.
Some quick advice, Spain and Italy are a bit better organized than Greece (A bit). But Day to day life in Greece, man, leaps ahead. Best social life in the world. YOu go out on a monday evening, the streets are filled with people. And friendships are so easy to start in Greece, really simple people who wear their hearts on their sleeves. By far the best cuisine (YES, better than Italian). And the most beautiful beaches in the world, that you do not need to pay anything to access.
+1 on the Greeks being extremely kind, open, sociable and inviting.
Worldwide tax in Spain is very high and they can levy it regardless of your numbers of days PA in the country. It also has a major demographic issue. The only sensible route into Spain is through their Iberoamericana treaty for citizens of ex-colonies.
Climate change has to be taken into account. Greece, Spain and Italy are heavily affected.
Significantly better organized than Greece
Unfortunately the whole of Europe is beyond bankrupt and goverments are going to step in and force you to invest your retirement in their investments in order to uplift themselves from it. For me Europe is dead, the Euro is going to die pretty soon, its just a question of when. Investing in western countries are a thing of the past. The East and South America are the places to investigate, for sure. Africa will rise up too but its still going to take a while, especially South Africa.
Lived in 10 countries and visited 50+. From a tax and lifestyle POV I would do 1) UAE (Dubai) tax residency with 10 year visa; 2) Summer home in Portugal (prefer Spain but not as tax friendly), and 3) possible Asian base in Bali or Malaysia. You could also have a base in London as long as you are not resident. Looking at this as an EU citizen.
, w w×× aa
Yes good call
But Thailand 😊
I’m in American and I live in Portugal with legal residency with the Golden Visa. I’ve looked at property both in Spain and Portugal and also prefer Spain but I believe too it’s not as good of a investment but tell me why do you think Portugal is better?
None of the above!
Thailand
You rarely mention Costa Rica. I have been here 4 year full time. I got my residency after one year. I spend $100 per month for Caja (full medical insurance) and even though it is not the cheapest, it is cheaper than allot of places in the US. Downfalls: roads, some banking, costal real estate cost, most natives are poor, allot of con artist in the real estate profession including some attorneys. Positive’s super friendly and helpful people, high literacy, FREE of government interference in your life (my main concern for the US), and labor is cheap, it is absolutely beautiful with almost ever climate, average temperatures and two oceans. For me the best part is, two hour flight to Miami.
How do you only pay$100, they hit me for $200
Be careful chosing advisors in any country😱🤯🥵
@@LoricFoxdo you have any recommendations for someone reliable?
Didn't Costa Rica go along with vax mandates for C19??
@@debbiedogs1 that was the WEF last President but yes and people are dying for strange reasons. Young people, not just old.
Good job Andrew. As one of your not wealthy watchers I still love your global view of the world and how we should protect our freedom, money & quality of life. Your information and point of view is very helpful to all levels of financial strata.
- Bodhi, USA expat retired in Thailand
Thank you!
I grew up an American kid in lower-middle class conditions, to a father who owned a business. This channel gives me hope.
Brilliant video. Stay well clear of Australia. Authoritarian and censorship growing daily. Australia is where money, freedom, careers, family and faith go to die.
We have the highest median wealth per capita often. Might not be for the wealthy but hardly a place where money dies. Try living in some of these remote countries or even Singapore, There a plenty of rules elsewhere as well.
yeah, Mexico is definitely better, at least not boring with those loose heads rolling around highways, also if you party it is like dopers heaven
I hope Aussie Government hasn't allowed sex change less than 18 yo because that happened in Spain. The Evil Globalists are really after the healthcare funding heists like Covid.
Australian property market is overpriced, because of the mass immigration... of new welfare recipients.
Economic suicide. Australia has safely and economic prosperity, but not for long.
Planning an exit.
Australia sucks very woke dumbest population i have ever encountered you can't have an intellectual conversations with most working class fines on every small thing radio and tv 😂 the emptiness of the streets and shops no culture ah man there is so much more oh and most people that think Australia is wealthy are working class from 3rd world countries like india and pakistan and even if they do think it has jobs and money ask them about the loneliness and they will tell you all about lets not sugar coat such rubbish of a country
Italy?
I remember the guy who bought a derelict house in the middle of nowhere in the mountains to renovate. Even there, far from the closest village, he had to get a permit for everything. He was not allowed to change the windows and other things. A bureaucratic nightmare. Mexico or South America sure is a better option. There is a reason you can buy whole villages for next to nothing in Italy.....
I watch reno shows on utube and I agree. It's a nightmare of bureaucracy.
true, they have these schemes to attract renovating villages but simultaneously you need their permission, their permit, high taxes and probably a lot of paper work.
True, I watch a fam thats renovating a place in the italian Alps & they regularly hav to meet with officials for 9hr meetings over frivilous stuff. Im worn out over it, I feel for them.
I thought I read somewhere that they were easing up on all the red tape…?
Martijn Doorland doesn't seem to have these issues in the Italian Alps, although maybe he keeps these struggles out of his videos.
i really enjoy your content im 19 years old and trying to figure out my future. my plan is real estate and dream is to free my parents from their hard work. i barely see my father at home. for now im trying to learn civil law and constitution they both look promising
Best of luck to you!
Good for you! Most kids your age are out partying and not thinking seriously about the future. I, like you, was concerned about this early on and bought my first real estate property at 22. It was a lot on a lake that the owners let me make $500 payments on until it was paid off. And I started acquiring more real estate after that. Just be careful about student loans, college is no longer usually a good ROI. I only went cuz my parents paid for my first 3 years so I had little debt.
Just read about a very successful regional builder and real estate agent who did just that! He started out at his mother's Title Agency, and learned from the contract side up, instead of the other way around! Wish you well in your endeavors, and be sure to travel overseas while you're young and unattached, it changes you for the better in countless ways! 👍😎
@@jessiesheldon-huffey1824 i have no problems with student loans my father covers it up and wont even let me pay a single penny and government covers half too. also in few years, i might own multiple properties and one of them is big farmland from my grandfather so now ill do my best to learn how things work. im hoping for the best I guess (sorry for bad english tho xD)
@@lulumoon6942 thank you!!!! means a lot
Your content is very informative and totally appreciated during these times. Thank you!
Thank you! We are glad you're finding the content helpful.
I’m not pushing a particular geographic area but what I have found in general, you can go where everyone else is going and pay top price or you can find that inexpensive diamond in the rough which has an attraction or two which potentially attracts other investors/ migration to the area.
Thank you Andrew for all of your insight 😎🤙
Firstly thank you for the great content.
I’ve lived in 17 countries having travelled over 60 so far. I’ve renovated properties in 5 of them. My advice to ‘city slickers’ which I guess I was is don’t buy too much land unless you have enough $ to hire a full time team. It’s back breaking otherwise
. I’ve just planted an Olive grove over looking the Mediterranean Sea and my backs f*cked 😂
Never do anything you can hire someone to do. There will still be plenty for you to do, but you will avoid burnout and remain productive.
Where?
Curious to know where your favourite places were if you’ve lived in 17 countries. Top 3?
@@paul_e123 That's a tough one. If you want Western number 1 I'd say New Zealand closely followed by Australia until the Coflu drama now I'm not so sure. Asia probably Thailand maybe Malaysia although my heart will always be in India for its absolute craziness ;-) Americas I'd say Columbia in the days of Escobar was mad but now probably Mexico as its got so much to explore if you like to wander like me...But each to their own.
@@cryptodass7609 Great answer, thanks :)
When things get obviously bad, you will find out you are unable to leave. You need to already be out and settled long before that point.
I am going to retire in Santa Catarina state in Brazil in a city called Florianópolis! I went to Italy this year and 2 Italians told me about this beautiful place and I can’t wait to retire there in 2 years. I am 36 now but we have enough cashflow to retire comfortably in Brazil. With $5k a month US dollars your income there will be living in luxury if you have no car payment and no mortgage!
Great video 🙏
I noticed as I listen to many of the economists and investors putting out content that the vast majority of them own homes out of the USA or at least out in the country in bug out locations. While I'm far from a $100 million portfolio I'd like to own something abroad one day as a plan B. I've just renewed my passport and once it arrives the hunt begins. Good luck to y'all
😂 move to Europa my goooood its going down like a flash I’m out of eu WEF backyard
EU is the worst place longer term because of creeping communism and socialism, at any moment these governments can steal your property, Portugal is already doing that in a way.
Where you going? I agree, EU isn't going great. Just don't know where to go.
BRAZIL 🇧🇷
I just left Europe after living in several places…
WHAT? What will happen in EU please? Is Switzerland any better? Please.
Wow, this is truly informative. Living in a country that is slowly deteriorating, the content you have shown really gives me a lot to think about.
Glad to hear that!
Which one?
@@KernowFay The only one that has a clown running the show and he's not even in charge.
@@wannabemgtow2540ubercorrupt Zombie Clown
Canada?
Awesome content. Thank you so much for your hard work and sacrifice and sharing your hard earned knowledge and understanding.
Thank you very much for your kind words!
I think El Salvador is the perfect place to Invest in really thinking about getting a property there, they have changed in the last few years
What are they going to do with all those gang members in prison? What happens if something happens to Bukele? I like whats happening there too and would love to check it out, but it all seems to hinge on one, as of now, benevolent man
@@Hh-yd3dj , the current govt has 90% approval rating and voted by 85% of the people, so they will continue to expect similar govts.
@@Hh-yd3dj , they should make them do farm labor and mining.
😄😄👌👌
@@l.k.7940 -until the Americans come in and topple a duly elected president.
@@snoopybluejeans , the chances of that happening in a place as El Salvador are slim to none, bcoz 90% of the people really like & approve what the current govt is doing there, and it was voted by 85% of the people!
So i don't see a scenario in the foreseeable future of something as that actually happening there, certainly it wouldn't have success since the vast majority of the people wouldn't take that lightly.
Liberland (between Croatia and Serbia) just opened first checkpoint with Croatia and is now open for visitors, businesses and residents.
and is 2 miles of an unrecognized micronation in a flood plain.
mevrael, where is liberland
I like your free dialogue style, flow of info is deeply rooted into your clients interests from human experience on earth to generational planing. Thank you for your streamline delivery
Awesome! Thank you!
Andrew I’m new to your channel and grateful that this type of contents exist and can be so beneficial. My journey to the west started going to college from China to Switzerland and get job offers come to the U.S. and finally landed in Canada and lived here for 20 years I thought I would settle here but your channel give me a different perspective on options to explore and keep moving forward. Hope sooner than later I will be your client!
Thanks for sharing! Best of luck, we will be happy to serve you.
Great advice! I was in Estonia this summer and found Tallinn extraordinary. Low cost of living but high quality of life. Great for traveling around the Baltic and Nordic countries.
The Baltic countries are doomed. To close to Russia and too involved in NATO narrative. I would stay away .....
Are you not aware that Russia is their neighbor? Threatening war!
Just bought my first property offshore in Albania coast very good price and safe
Congratulations!
@@nomadcapitalistthanks
@@nomadcapitalist have you serviced any clients that opted for second residency or citizenship in any African countries? I’ve been eyeing Cape Verde
Where, how much was it and how large?
@@GoatRoper911 sout cost of Albania and 2 bedroom with great seaside view price personal information
We went to Uruguay, but now we are selling our plot there. If you want to live in the countryside, be aware of dangerous snakes, spiders... Lots of bites happen on the rice fields... So if you want to plant and have a big garden, you have to be extremely careful. We have small kids and our only option would have been living in the cities, which are not really for us... I grew up in Spain and I am considering moving back. Why not invest in Spain? All of Europe seems to be following the same ... maybe Africa would be an option. They have snakes etc. too, but form my experience they are not as aggressive and less likely to be seen. My husband lived in Africa for 30 years and only saw a Cobra once... I definitely think the desired lifestyle changes everything when it comes to Plan B.
Aside from Penang and Kuala Lumpur, Malaysia, you also live in Johor Bahru, Malaysia right across the border from Singapore. This gives you a best of two worlds.
Except the hours you spend at the border crossing every day you want to go to Singapore and back.
@@LordLauderdale Johor Bahru would probably provide for 95% of my needs. I don't place my self in a any situation where I have to commute anywhere every day. I'd more likely have an issue with the battery in my car dying from non-use. 🤣
maybe Kota Kinabalu and Kuching too, in East Malaysia. Beautiful places and open-minded people more so than the peninsula. Once Indonesia's new capital is up and running in Kalimantan, Borneo, these cities will probably enjoy the spills of wealth into the area
There is going to be a RTS metro line linking Singapore and Johor to be ready by 2026.
Your great. Can you do a video for the average working person, average home owner retired person. I'm in uk and want a plan b but I'm not a millionaire by any means. Thanks for all you do. I'm reading through your book. Much respect.
Leave the uk while you still can lad
@fionawilson8681
Ma'am,
Thousands upon thousands of Brits live here in Spain in Valencia, Málaga, Barcelona,Alicante and of course, Madrid and the Canary Islands (Las Canarias). Perhaps you could go to 2 or 3 of those places and meet British residents there. But you should start today! Plan a vacation. The prices in most places in the South (Andalusia) are reasonable once you leave the tourist spots. Best wishes in finding your place in the sun.
Moat broke retiree go to provincial SEA. I am here in Mindanao now and I see a few retirees. Rent is cheap here and other stuff but they have also been increasing over the last few years
@@jklmnoqr Spain is expensive and highly taxed. Plus the EU let you stay only 90 days at a time twice a year with a gap
He used to do annual videos on top countries to live in for $1000/month. Those videos should still be on the channel.
I am going to visit Belgrade end of August, to see if I like the place or not. Huge thanks to your video again, great job !
Thank you! Hope you like it there.
I'm also interested in Serbia.
Andorra been there thanks to you Andrew we really liked it great folks there. next time we go it will be in winter.
Great video. Thank you for the information.
What's your opinion on South Africa?
There are over 8 million abandoned homes in rural japan. Japan is a safe country with a monocultural society that is entrenched in mutual respect and neighbor helping neighbor.
It might not be that safe once China fully ascends.
do japs like invaders
55% Tax 😂
Crazy taxes, will never get citizenship, no guarantee of permanent residency, and other problems, all combined with hardcore racist against literally anyone not Japanese? Oh, and it's China's first country to delete if there's all out war? Yeah, no thanks.
@@Adam-ie8ed , for what? property tax or to live there? and are those abandoned buildings actually worth investing in?
Serbia is the most beautiful place live in, especially the countryside! Only point to add is that it is the best to have income which is not necessary dependent on the earning the money there as salaries aren't that great and the locals buying capacity is not that great. However there are still a lot of tourist and expats living there.
Your natural fluency is amazing,
always excellent content !!!!! been to 57 countries. lived in 8
Would you buy these properties under your own name or through a company? Tks
Love your content! We are Australian..considering Vanuatu real estate.. we have also researched Portugal..mainly for retirement at this stage..buying property in either country first is an appealing option in the planning stages..
NewCaledonia Malaysia Thailand Montenegro better options
you can get real bargains in Democratic Republic of Congo, ranked higher than the US by safety
@@lesterryanmd, 😆😆
@@lesterryanmdDRC?😂
Portugal is the Best
Great video Andrew.
Was waiting for this video! Pumped
Hope you enjoyed it!
Lisboa or Algarve. Gate of Europe from the Atlantic, bridge to the new world for Europeans. Almost 300 days of sun per year.. Great food, friendly people to foreigners, amazing coast line and prime private health care. Outside of Lisbon and Algarve (store of value and great lifestyle) there are bargains. Finally, very safe crime wise, one of the most safe countries in the world.
But too expensive
Yes it's good that you mentioned 'friendly to foreigners ', unlike Canadians who ban them from their real estate market. Shame on them. In Portugal, the government welcomes everybody but it should really reciprocate and ban Canadians now, to be fair.
I signed up with you a couple years ago but then Covid ended up hitting my finances and I could participate. Now I’m very excited to get back in the game with you
Convid
I enjoy listening to your topics . Thank you ❤
I'm so glad!
Thanks Andrew
Inspiring overview of possibilities around the (changing) world
🙏
Thanks for watching!
Ecuador inspires me, Colombia as well...
Great video, my twin brother and I are just normal working class at all. Maybe upper middle class citizens in the United States. But we have definitely good morning to get citizenship in multiple countries for this very reason. Keep the videos coming brother, they’re even helpful for your every day American that’s not too thrilled of what’s going on in our country right now. Peace.😎✌️
Very informative video. Best one in a while. Thanks
Thank you! ❤
Thank you Andrew!!
I love Bogota that is where my wife is from but selling property there is very hard. It's always easy to buy but selling is a whole different story.
So you want y
To leave? What is modelling like?
So truly what is referred to as a "buyer's market".
Unfortunately I have a very stubborn Thai wife that will only look to Thailand.. she's already cost me a lot in wasted resources and opportunities.. we have several properties in Thailand, far in the north and can retire there.. I'm not interested in citizenship but will need to look at what visas will be available in the next 5-10 years.
I'd love to look elsewhere but if I give her the boot most of the wealth I have accumulated will be gone.. so not many options. I really want to get away from Australia. I love the country but not the nation.. it used to be great here, that's why my father decided to leave Germany for a better and more free life. Now it's just as bad as elsewhere in the west
STOP by more Thai property. You're only building her wealth up and it could be her that gives you the boot soon.
She owns several properties...
Why not sell one property at a time? It's only fair that some properties will also be in your name.
Great video! Thanks!
Glad you liked it!
Great content.. Really enjoy it..
Glad to hear it!
Originally I always dreamed either living in Europe or Australia. The pandemic changed this because of their authoritarian governments and the war in Ukraine causing havoc to the EU.
Now for me is Latin America. Costa Rica and Brazil are my top destinations.
I am in Brazil right now in BELO HORIZONTE💛and it is here I will move livingg Quebec Canada behind
@@morico5576 BH sucks IMO. I'm Brazilian and definitely would look into Rio or the southeast like Parana/Santa Catarina or the beaches in the northeast.
Look at Mexico and Colombia...I kid you not. You can have a great life there and be safe. Just need to do research before you jump.
@@rahuliyer7456 Mexico would be great but the cartels there freak me out a bit. Panama is another place I hear great things.
@@gugy68 the cartels are not everywhere. Like any good research, go do some scouting and recon. For me...I have interest in Queretaro and also Puebla. Also would like to see Guanajuato, but proximity to certain no-go areas makes me think twice. Further review is needed.
BTW Polanco, Roma, and Condesa in Mexico City is really nice if you want a more developed Western environment.
As a real estate agent in Mexico, who's market is Canadian foreign purchasers, what are your thoughts on Mexico as a backup plan, now that they have opted out of Joining BRICS Nations?
If Mexico opted out was perhaps to not be in any economic conflict with Canada & USA!
Most of those foreign companies investing there are from the 2 countries.
this is true yes.@@l.k.7940 there is also an option where they want to be sweden or panama and just do business with everyone. especially seeing as they are building a new canal through Oaxaca and vera cruz connecting the pacific and gulf of Mexico. half of their new infrastructure being build is funded by china. So it would make sense that they would be doing there own thing and not subscribe to just one alliance
Kind of very sad to see all those Canadians running Airbnb in Mexico at the expense of the local people who have a hard time getting accomodations and then daring to scream that foreign buyers were the cause of the housing crisis in Canada and ended up banning them from the Canadian real estate market But yet, it's ok for Canadians to invade Mexico and Europe. Do hypocritical those dam Canadians.
You are AMAZING!
Totally agree about Mexico. Looking to start off with a condo. Researching the best city or location before we buy. We want to be sure, and there are a lot of great options.
Let us save you some time. Check out our article below!
nomadcapitalist.com/expat/best-expat-cities-in-mexico/
Why are you not a fan of investing in Spain? Any specifics?
Also, when considering countries where to live. I would suggest to include things people in the more develop countries take for granted, such as level of corruption, safety/crime, healthcare. Most countries in Western Europe may have higher taxes or will not let you build your castle right on the beach with no permits but you can be sure that you will be able to go out without having to watch your back.
The high taxes, and he's said it repeatedly. It is just not wise and fudiciary advice to lead his wealthy clients to Spain and have the government suck up their wealth.
@@Learned333 I guess if you compare it to a tax heaven country, yes it could be high but Non-residents are generally taxed at 24% (non-EU citizens) or 19% (EU or EEA)
Taxes are too high. You have to pay to have a bank account in spain as well as health care ..I tried it, no thanks. Plus theres no water and its really arid.
@@Adrb22 24% up to €600,000 then it's 47%. Most of those looking to become a tax nomad are earning 7, 8+ figures annually. €600k is chicken feed to this demographic and provides no tax benefit. They'd be better off becoming tax resident in the UK, and that is seeing the highest rates of taxation in 70 years.
I would choose to live in Spain permanently, but I do not. Simple reason: too high tax and bureaucracy. There is no financial benefit over my overtaxed citizen country. So elsewhere I look.
This is the most important timely video from NC. Enough info. to pray and make a plan, some moves. The beginnings of implementing that plan are now on them, the peoples who are seeking answers and options. IT’S A TIMELY BLUEPRINT TO PRAYERFULLY BE GUIDED AND MAKE A PLAN. BUT, THAT’S THEIR MOVE, NOT THE NC. (You’ve done your job, far above and beyond, and will continue to warn, advise on updates, we’re sure). But, cannot spoon feed or actually do it for peoples, as a whole. Well Done. Ty.
This video must be TAGGED AMONGST ALL OTHERS, BUT THIS MUST BE TAGGED AS A MAIN GUIDING DOC. FOR A BLUEPRINT.
The heart of a man plans his way, but the Lord establishes his steps.
great video thanks!
Glad you liked it!
Love this video!
Vanuatu 🇻🇺 Croatia is really off the beat southeast Asia will get better with the residency’s and real estate later on but probably not the best option for right now
Vanuatu ? I live not too far from the island, nz but I havent heard of Vanuatu as a residence destination except on this channel 😂
Land ownership is important. Which is why Malaysia 🇲🇾 is probably in my top 3 places to look at. I visited in 2019 (Kuala Lumpur) and im looking to head back there this October (still deciding on Thailand or Malaysia). But id love to own a place there.
You can't own land in Thailand unless you use a local as proxy.
@kennytancg My statement didn't say anything about land ownership in Thailand. Read my 1st sentence again. Thank You.
@kennytancg - Yes , that is a disadvantage about Thailand. Some nice parts of that country 👌
Land ownership is VERY IMPORTANT in Mexico, because for so long, Mexicans could not own land. The laws protecting land ownership are strong.
@gregh7457 "still deciding on where to visit this October 2023", but I'd love to own a place there...There =Kuala Lumpur. Reading comprehension isn't some of you guys strong traits.
more like this please
Thank you 🎉
If you wanna be successful, you most take responsibility for your emotions, not place the blame on others. In addition to make you feel more guilty about your faults, pointing the finger at others will only serve to increase your sense of personal accountability. There's always a risk in every investment, yet people still invest and succeed. You must look outward if you wanna be successful in life.
Can you make a video on the new WHO digital ID and what countries in the EU will use it?
If people do not take up arms against this Im outta here.
The WHO is basing it on the EUs digital health pass, so…
All of them are forced to use it by the EU, or their money is cut off
rubbish, thats just fear mongering nonsense.. Europe is a big place Andrew does a video on coutnries who have said NO to CBDCs, many Eu countries have said no@@voice.of.reason
I have Italian citizenship but have never established residency. Woukd the tax incentive apply to me if I bought a property ir established residency there?
You're right to refer to Mauritius as the 'Malaysia of the Indian Ocean' - I've heard almost the same comment from Malaysians who have travelled there. It reminds them of Malaysia in the good old days.
I mean the only thing I would argue with, is "Ireland is an English speaking country..." :) (no offense meant). Great video!
??
The Irish bastardised the English language
06:30 - Regarding Paraguay, yes, it is a very interesting bet, especially when the Bioceanic Way - linking Santos (Brazil's most important sea port) to Antofagasta and Iquique (both in Chile) across Paraguay and Northern Argentina - gets completed. Now speaking some Spanish is important, especially outside Asunción and Ciudad Leste. If you are into buying rural property, consider learning some Guarani as well (or make sure you hire a HR manager who does).
* As for Uruguay, I was raised just besides (on the brazilian side of the border), I agree it's a great place, but quite expensive for the region's standards. If you go there to start a business and/or buy something (such as a farm or a logistics company in one of their duty free zones) then it should be OK.
Uruguay sounds the best for me. Do you recommend Montivideo or another city?
@@GoatRoper911 , it largely depends on your profile. I do love Montevideo, quite a classic city, great food, theaters, excellent clubs etc, but if you are more of an (ocean) beach / sailing / fishing / sports and/or night life oriented person, then Punta Del Este might suit you better. Personally, I prefer the countryside (my core business is Aviation, but I was raised on cattle-breeding "estâncias" on the brazilian side of the border), so there are small towns which are also worth visiting (Mercedes, Salto, Paysandu, Durazno, Rivera etc, most of them with small international airports). In any case they are great people, very welcoming to foreigners. Some people think it is "so peaceful and safe that it looks boring". Well, as far as I'm concerned, "boring is beautiful" = out of trouble...I hope it helps. 😎🧉
www.uruguay.uy/en
@@fabiogoncalves9728i like "BORING" places too. Raised my kids in the US SoCalif in a great rural area with lots of animals. Rode our horses to the waterfalls. Beautiful foothill area, streams, trees, main street closed at 8pm. Then the developers came- tracts of homes, country club, golf courses. They Damed-up the streams. Now its being approved for grape growing (means wineries are coming). The town tripled in size. Its surrounded by mountains, in a valley, one way in. No homeless & low crime, big city is 20min away. But now homes start at $1M usd. Its still considered nice, but its not so boring anymore.
Punta del Este @@GoatRoper911
A human resources manager?? HR must mean something different.
Have a look at the real estate market in north Cyprus! Not part of the EU, cheap beachfront buys, amazing food and lifestyle 🎉
Your videos has been great !! I am part of your viewers and i’ve been watching your videos lately. I’m interested in investing but I still can’t figure out the right investment to engage in . I’ll appreciate any help out here
I definitely want to do this with you
You should definitely join us! Learn more about it here: nomadcapitalist.com/products/mastermind/
If you middle class like me then you shouldn't worry about tax rates because we going to get hammered anyways. So, your next move is which country that has the lifestyle, weather, culture, and most importantly a move that can cut your cost of living by at least %50 then that is your next move. I love Spain, so i didn't wait until I'm old to buy the minute i got financially comfortable i went and bought a property there because i know for sure i can cut my cost of living and enjoy life.
Serbia, yes. Please drill down on their new program. For that matter, the simplified programs anywhere might have a time value that competes well with price proud St Kitts/Nieves.
Paraguay, Philippines, Turks & Caicos, and ...... Singapore.
can you make a video on Southern Japan ! I was looking for programmer jobs in English online and Southern Japan came up all over for creating a new infra structure, trains, traffic, automatic systems all in Southern Japan. what is going on down there, what are the local governments propose for foreigners wanting to become a part of their new infrastructure rebuild programs?
can one by taking a job down there get good deals with migration, low tax and buying ones own property ?
Seconding this, would love to watch a video about this subject
As someone working in Japan right now as a programmer, DX a.k.a. digital transformation is the new buzzword now over here, so that may be why (they're ummm... trying their best, to put it nicely)
Japan has some of the world's highest tax rates though; 55% at the top income tax bracket, 20% on capital gains and dividends, 10% sales tax, exorbitant social security payments to support their aged populations, etc. There's even a tax on receiving gifts over 1.1 million yen total per year (yes, even from your own wife/husband, if the tax office decides arbitrarily that it's not an everyday expense). And yet the current government under Kishida is still trying to raise taxes even further. This is all despite stagnant, low Japanese salaries (Japanese programmers now earn less than their Chinese and South Korean counterparts).
If you want to come here, do it because you like the culture, the beautiful scenery, nice food (I love Japanese food), great public transportation and services etc. Don't come here if you are trying to earn money and build your wealth efficiently, because the old farts in the Diet will tax it all away.
@@CK-dx3zd oh my god-.. I had no idea they went Full Marxist in Japan! when did this happened? one would think they are all for the free Market and entrepreneur from seeing all the development they done in tech around the world.. but what you are saying sounds due like where I right now, Sweden'1 if you are hired here you get 55% including social fees for hospital care insurance and retirement fees and your salary tax.. if you try to be an entrepreneur in Sweden and do it all on your own you end up with about 67& of all what you make go back in taxes and fees to the socialist thugs that together in 1906-1907 started the marxist socialist government in Sweden when Lenin and Stalin themselves came into Sweden under pseudonym hiding from the customs police and held the target Socialism-marxist fair in whole of Europe at this time and set off an infrastructure of socialist politics and the Swedish communist party back then voted in Lenin himself as the new President of the Swedish Communist party and he was given a private office in the Royal libabray in Humlegården park and a private apramtnet at Östermalm, the Upper Eastside area of Stockholm for the most rich and famous people in Sweden... since then our country even if the 1960-1970s were econimcialy good has been controlled by the Socialist and communists (today's Left Party) all together , everything else is just surface charades .... we are doomed here, and they target consciously entrepreneurs and for many years new companies in Sweden went bankrupt within the first 2 years only due to tax debt byt the tax agency hunting them down with tricks and malice. about 8/10 companies went bankrupt for many years the first tow years as there was no way they could pay the planned tax for each month and ended up with huge tax depts and so went into depression and filed bankruptcy... now you tell me the Japanese government are just as socialist as here and will eat you alive just like they do with their sashimi fish! my god.... I do not want try to swim alive while half eaten!... where then to turn where the culture is as amazing as in Japan? I love the philosophy of Karate Budo and meditation and the closeness to nature Japanese have, especially in the south... but socialism.. I had enough ot Sweden, I want my life back! where should I go for entrepreneurial freedom in a beautiful culture of the mind and body connection? thanks for getting back!
@@CK-dx3zd100% accurate on Japan. The place is the worst tax regime possible. The longer you live there, the worse it gets.
I’m looking into Cambodia! Low cost of living and easy citizenship. Lots of back to basic laid back lifestyles!
Not true . Cambodia is getting more n more expensive with the influx of Chinese investors.
I bought proprerty in Italy for 35000€ just 1 hour away from the Capital Rome and near a very nice University and living area in a city. I encourage everyone to do it
I Spent 6 months in Mexico this year.
Cabo San Lucas, Mexico City, San Miguel de Allende, Queretaro, Guadalajara , Huatulco and Oaxaca City.
Which city was best?
Do you speak Spanish?
I spent several months in Cabo, a month in QRO, a month in GDL and a month is SMA. Cabo is way too hot and humid for me. Also too expensive. QRO, GDL and SMA have great weather. I love it in SMA and in the process of buying a condo.
I loved Guanajuato and SMA and Guadalajara, too. However, my favorite is still Puerto Vallarta
@@freedomfirst3779 I went there years ago and it was nice but now it is supposedly dangerous.
Albania baby.
Roads are new, high tech hospitals in the capital. Friendly people, especially to the westerners. Amazing food, amazing nature, huge coastline. The south coast is crazy gorgeous. Close to Greece, close to Italy.
Bs... don't spread lies... being close to Greece is only true
Which cities or areas do you advise to buy a property?
👍Respect and appreciate how you combine elite needs and more everyday citizen perspectives in a quickly changing world, Andrew & Team! 😎
Thank you!
I'd be curious to get your take on residency and real estate in Bosnia & Herzegovina
If considering Serbia, I would recommend reading some history before making that move. The term genocide comes up frequently.
Same goes for Croatia if you really want to go this way in the region. Nobody here cares about the human rights scores because who would wanna live in the USA or UK then?
Andrew summed it up prefectly. Serbia is def cheaper than Croatia. Yet, if you prefer higher living standard (infrastructur,etc.) then Croatia is the place to go.
It was American cabal excuse to bomb civilians with nucs
@@MA-yp6gkI don’t think there is a citizenship program in Croatia
No, there is not. But residency is easy to get.
Same goes for the whole Balkan region. History is complicated there. But if you think about these things, have you asked yourself about the Native American genocide and history of slavery in the USA?
But Mexico is also planning on introducing Central Bank Digital Currencies and a high surveillance police state.
Experts say Mexico actually needs those a.s.a.p. in order to deal with defeating the security issues and other issues.
@@l.k.7940 "experts" Expert 666 Club Members 🤣
@@Learned333 , oh, really?! then how else do you actually propose the Mexican govt can dry up the illegal funds that feed cartels and gangs?!
unless a certain hardcore govt as in El Salvador takes over the country maybe, but that govt would still need to dry up illegal funds to really succeed!
Or Mexico whether with USA or not may need to legalize and fully regulate certain illegal drugs and steer away cartels and gangs toward legitimate routes.
Mexico isn’t planning CBDC, the BIS and the UN Planned it and it’s going Global.
Would love to hear more on your take on St. Lucia…. Citizenship can be political and discretionary (who you know situations)…. You have any firsthand or secondhand background there?
He's a citizen there too. It was once of his first overseas citizenships. He's done videos.
@@Learned333thx, I’ll look for those vids.
i love mexico great country, i could live there, in a safe area the rest of my life no problems
Is it beneficial just to have our residence in mexico where we are retiring, Or do you actually need citizenship if things start going bad in the US? (We weren't planning on getting citizenship) Thanks!
The question to ask is what works for you? What do you seek?
@rahuliyer7456 We only planned on getting Residency, I don't think I would pass test for citizenship, and I thought the only reason I would need it is to vote in MX which I don't plan on doing. But if US gets any crazier I wasn't sure if there's another reason why it's good to have it where Residency wouldn't be enough?
The only real benefit of citizenship in Mexico is to be able to vote. If you are able, get a permanent visa. If not, start with the temporary and then renew it. You will eventually get your permanent visa.
@NomadicRVLiving Yes we did, just went in July and received permanent residency cards! Was a good day!🇲🇽💃
Another benefit of citizenship in Mexico is that you don't have to pay for bank trust every year to own a property in the coastal or border region. Mexican passport is pretty valued in the world and it opens some doors that are otherwise closed (for example traveling to Cuba on US passport).
Any mention of Morocco? Close to E.U. Direct flights from Montreal. Will let you know. Going in Nov '23 for 5 months to check it out.
Dirt cheap, good quality food, tons of cafes and restaurants, you'll be looked after. Petty crime can be an issue, stay inside at night, have a fake second wallet with some dollars in it if you get robbed.
Don’t carry your tablet or computer in the open(laptop bag) and get used to tagine and more tagine..
@@SEVENTHREEANDNINE tagine? what it means?
Morocco is good, Tunisia is better.
I prefer Latin America especially since I have become fluent in Spanish. Also I guess I was lucky but I became naturalized as a Panamanian citizen 10 years ago. I still have my American citizenship but I haven't been back to the USA in over 10 years. I had to renounce my American citizenship to Panama but I still have it as I haven't formally renounced it at the American Embassy.
What about India/Goa/Bangalore? What do they require for residency? Starting a b&b/wellness Centre. Worth while investigating or skip?
I would suggest you skip India foreigners can’t buy property in India
Thank you, I have been exploring the idea of buying property in Italy, France and Croatia. So far Italy has the cheapest properties and France has a complicated system for people from outside of EU! Can you please do an exploration of France?
What italy they have evil earthquake laws. But then if you have plenty of money probably won't matter.
Don't bother with EU, potential war i.e France war with Niger and Ukraine war could worsen things in Europe, i.eAl Qaeda or other terrorist groups attacking France
Dont buy in France unless you want to make it your full time job to deal with the bureaucracy.
@@haruyanto8085 Thank you
@@ajnaughtin1 Thank you for your information
You forgot Cyprus, easy immigration, low tax, amazing people 👍👍👍
90 days max because of the communist EU
@@voice.of.reason wrong!
i'm an eu citizen and i spend many months in different eu countries every year, no questions asked. 90 day rule doesn't exist for me or any other eu citizen.
Only non-eu citizens.
Hey nomad. I got a question for ya. For americans living abroad & buying properties in different countries, how are they to go about that cause I know that N. America is the only country that makes it's citizens report their earnings from their jobs, properties abroad to the IRS thus getting double taxed.. I like what you're doing, keep up the grind.
I recommend investors focus on foreclosures in Doha close to one of the royal palaces.
It would be great to know what you think about Dubai especially with their stable currency and low property prices compared to other countries.