The Emerging Market Everyone is Talking About

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  • čas přidán 1. 06. 2024
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    Are you ready to uncover the next big investment opportunity? Join us as we dive into the dynamic world of Uzbekistan, a Central Asian nation captivating the attention of investors worldwide. In this video, we explore the insights shared by legendary investor Jim Rogers and examine why Uzbekistan is gaining momentum as the ultimate frontier market.
    Whether you're considering stock investments, real estate ventures, or entrepreneurial endeavors, Uzbekistan offers a wealth of opportunities waiting to be explored.
    00:00 Start
    1:15 TBC Bank's Expansion into Uzbekistan
    2:02 Regional Investment Trends
    3:12 Reforms in Uzbekistan and Market Size
    5:40 Opportunities in Agriculture and Textiles
    7:21 Resilience of Frontier Markets
    9:29 Strategies for Investing in Uzbekistan
    12:20 Real Estate Investment and Residence Permits
    14:38 Business Opportunities and Potential Returns
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Komentáře • 338

  • @libertarianspirit
    @libertarianspirit Před 3 měsíci +184

    As a person who was born and lived in Uzbekistan for 22 years, and since then lived in four other countries, and eventually became big fan of nomad capitalist, I'm pleasantly surprised to hear about Uzbekistan on this channel!

    • @humanbeing6933
      @humanbeing6933 Před 3 měsíci +3

      Is it true that no more than 3 people can congregate in any public place there?

    • @libertarianspirit
      @libertarianspirit Před 3 měsíci +7

      @@humanbeing6933 I never heard of anything like that

    • @albioncareerclub1527
      @albioncareerclub1527 Před 3 měsíci +3

      One side note - Tashkent tops the list of most polluted cities on Earth😢

    • @hasinabegum1038
      @hasinabegum1038 Před 3 měsíci

      ​@@albioncareerclub1527Nah Dhaka and Lagos are

    • @petrsal6856
      @petrsal6856 Před 3 měsíci

      You've confused it with the USA.@@humanbeing6933

  • @pathslesstrampled9906
    @pathslesstrampled9906 Před 3 měsíci +49

    I recently spent several weeks in Uzbekistan. I was deeply impressed by the country! It’s incredibly clean and orderly. Infrastructure seems very good. They have an amazing high-speed cross-country train, the Afrosiyob. Beats the hell out of Amtrak. The capital Tashkent is beautifully laid-out with broad boulevards and leafy residential neighborhoods. It’s a little on the boring side but it has excellent “bones” and just needs a few coffee shops, restaurants etc. and it would be such a great city.
    I was wandering around in Samarkand, stunned by the cleanliness and beautiful landscaping, and I was wondering why this supposed “third-world country” was so much more pleasant than where I live in Southern California… 🤔

    • @jahongirbektemirov6516
      @jahongirbektemirov6516 Před 3 měsíci +2

      You're welcome!

    • @bretth342
      @bretth342 Před 3 měsíci +3

      My favorite steakhouse on earth is in Tashkent. Qanotchi. So good

    • @ZzXZ636
      @ZzXZ636 Před 3 měsíci

      And then when all of California moves there and destroys it …. That is the problem with all the good places . Not you my friend , I mean the policies of Cali .

  • @ryangreen9770
    @ryangreen9770 Před 3 měsíci +79

    Uzbekistan has opened up a lot over the last year. Westerns able to purchase property and live comfortably. Great video.

    • @petrsal6856
      @petrsal6856 Před 3 měsíci +8

      and Easterners too.

    • @myaopan
      @myaopan Před 3 měsíci +2

      And northerners and Southerners too.

    • @marek_aurelius
      @marek_aurelius Před 3 měsíci +4

      You don't own the land in Uzbekistan,you can lease it for 49 years - doesn't matter if you are local or foreign. Lease of the land and related formalities are nightmarish beyond imagination

  • @tentimetex
    @tentimetex Před 3 měsíci +126

    The problem with this is that it only lasts 5 to 10 years at the most, before political opposition, corrupt or not, takes power and starts to unravel everything that the incumbents had done to ''liberalize'' the county economically to make it attractive. Take Georgia for example: Sakashvilli was not strong enough to make the policies he implemented be sustainable for the long term. This is why Singapore, for example, has quite an authoritarian party in power, because it was the only way for them to make Singapore into what it is today. Had they not been able to hold onto power, other political factions would have started attacking their policies and interference from outside would have ruined everything. Singapore is quite exceptional. Dubai is another example of a strong enough regime which can implement its policies without opposition. A country like Uzbekistan may not have the political will to make this sustainable.

    • @hasinabegum1038
      @hasinabegum1038 Před 3 měsíci +3

      Uzbekistan is very Liberal country by The way

    • @hasinabegum1038
      @hasinabegum1038 Před 3 měsíci +8

      Uzbekistan doesn’t have strong opposition

    • @NateB
      @NateB Před 3 měsíci +9

      Do you think the same fate will come to El Salvador and Argentina?

    • @miguelgonzalez6213
      @miguelgonzalez6213 Před 3 měsíci

      @@NateB El Salvador, yes. Already have too many liberal politicians in this country trying to undo all the cleanup that Bukele did by incarcerating all the gang members to make his country livable to the residents.

    • @stick7646
      @stick7646 Před 3 měsíci +5

      This. Basically always have to be on the move to get away from the downfall.

  • @batyamich
    @batyamich Před 3 měsíci +52

    Well as a person with some understanding of this region I’d say Uzbekistan is still medieval dictatorship. It’s wrong to compare it to Georgia. Courts are shit and your investments are not protected. Same thing in Russia.

    • @stopthecap2644
      @stopthecap2644 Před 3 měsíci +6

      First define "protected" because I'd argue many places where a vast majority of people would think their assets were protected, continuously demonstrate the complete opposite.

    • @batyamich
      @batyamich Před 3 měsíci +11

      @@stopthecap2644 I’m talking about truly independent courts (at least in non political cases). As a Russian national I have personal experience with corrupt judicial system. There is nothing more important than courts.

    • @stopthecap2644
      @stopthecap2644 Před 3 měsíci +2

      @@batyamich In some ways i agree with you, but in other ways i'd disagree (depending on the person). I'm also familiar with Russian court systems, i lived there many years... every system has corruption, it's just a matter of, at what level... ie, can normal people take advantage of it, or is it top 0.0001% only. In the Russian system, for me personally i had far LESS issues than say for example, in US. Primarily because many people didn't want to deal with shit.. and if it wasn't big deal, it's better for everyone to make it mutually beneficial and move on. Everything depends on circumstance and scale of course... but i believe if you're good at navigating that environment, it can be beneficial rather than a hinderance.

    • @IgorDruzhinin-qo2vj
      @IgorDruzhinin-qo2vj Před 3 měsíci +2

      мнение либсруна очень важно для нас, оставайтесь на связи

    • @SSRstudio
      @SSRstudio Před 3 měsíci

      These exAmericans just do not understand that private property or independent courts never existed in countries like Uzbekistan Belarus Turkmenistan and so on
      Also they Dont understand that their beloved Georgia moving backwards from what they wants it to be
      Saakashvilli get killed in jail and this is ok ))) really short term thinking

  • @kennethkilpatrick3758
    @kennethkilpatrick3758 Před 3 měsíci +23

    I spent 2 months in Georgia, 1 month in Kazakhstan, 3 months in Kyrgyzstan, and one month in Ukraine in 2018. I like Georgia but developed a fondness for Kyrgyzstan. Wanted to go to Uzbekistan but it required some hoops to jump through and I was running out of time. If it's much easier to get in now I may go back. But there's something to be concerned about. While in Osh, Kyrgyzstan there was a group of Muslim extremists who murdered a group of international cyclists in next door Tajikistan. I found most of the people in the country to be wonderful but if you're going to live in or visit the region be mindful that there are people in the region who aren't thrilled to see non Muslim Westerners. But most are very welcoming and very pro American in my experience.

    • @hasinabegum1038
      @hasinabegum1038 Před 3 měsíci

      Kazakhstan is Very secular and liberal

    • @pinetworkminer8377
      @pinetworkminer8377 Před 3 měsíci

      @@hasinabegum1038 Do you think Kazakhstan has a better future than Uzbekistan? Or is it the other way?

    • @hasinabegum1038
      @hasinabegum1038 Před 3 měsíci +3

      ​@@pinetworkminer8377Kazakhstan is already quite rich with GDP par capita about 14,000 they got large oil reserves.Uzbekistan is growing fast but still poor with Only 3200 GDP par capita

    • @joebidet2050
      @joebidet2050 Před 3 měsíci

      ​@@pinetworkminer8377 I prefer uzbekistan over Kazakhstan
      But kyrgyzstan is best

    • @pinetworkminer8377
      @pinetworkminer8377 Před 3 měsíci

      @@joebidet2050 What makes you say those things?

  • @hasinabegum1038
    @hasinabegum1038 Před 3 měsíci +21

    Uzbekistan got great weather,liberal and Friendly people and very safe country

    • @vz5835
      @vz5835 Před 3 měsíci +2

      Great weather 😅

    • @hasinabegum1038
      @hasinabegum1038 Před 3 měsíci

      @@vz5835Yes.Far away from sea and humidity.Dry Weather but not too hot

  • @ivanov83
    @ivanov83 Před 3 měsíci +8

    Central Asia is a very underestimated region in my opinion. It has a huge growth potential, but a lot of people don’t take it serious. It has a good human capital, people are awesome, kind hearted, hardworking, educated, there is almost zero crime level. I used to live there a little bit and I personally love Uzbekistan and its nice people. I wish the best future and prosperity for them.
    Unfortunately there are naturally some problems there, still quite a lot to be honest. It probably wasn’t a great idea to make business there in the 1990-s and 2000-s, just read the stories about foreign companies who set up their business, huge manufacturings, and then got everything taken away from them anf thrown away from the country in 24h. But a lot of things had changed since. It is clearly seen that they want to change, they move to change. Now it is a quickly developing country and it is great. They are very good people and I hope they will make their way to success

    • @hasinabegum1038
      @hasinabegum1038 Před 3 měsíci +3

      Under current president uzbekistan has seen rapid social and economic transformation

  • @fredyuldashev
    @fredyuldashev Před 3 měsíci +2

    Born in UZB but raised mainly in US. Making my way back to Central Asia , looking to establish myself in UZB and KAZ. Countries are safe there is a whole lot of activity for kids and development.
    I see some negative comments that are generalizing the economic climate of the country. It all comes down to the idividual. What your personal needs are....i've spent 4-5 months in UZB in KAZ and just flew into US again, and oh my what a difference. Going back to Central Asia shortly :)

  • @DidiGrooves
    @DidiGrooves Před 3 měsíci +66

    Places like Uzbekistan are great for me - as someone who speaks Russian. They have their own language but still the Russiasphere influence applies, both language-wise and culturally.

    • @LeadLeftLeon
      @LeadLeftLeon Před 3 měsíci +1

      Russia’s South America

    • @DidiGrooves
      @DidiGrooves Před 3 měsíci

      @@LeadLeftLeon kind of but not really.

    • @mumbairay
      @mumbairay Před 3 měsíci +1

      Will get invaded and levelled in next 8yrs
      Watch

    • @vg7985
      @vg7985 Před 3 měsíci

      I wonder if woman can move there on her own.

    • @hasinabegum1038
      @hasinabegum1038 Před 3 měsíci

      @@vg7985why Not

  • @stevefarrugia-dc7qt
    @stevefarrugia-dc7qt Před 3 měsíci +4

    The people of Uzbekustan are good people.That's a good start.I know them since 1990,thats 34 years here in Europe.

  • @bretth342
    @bretth342 Před 3 měsíci +2

    I spend about 6 months each year in Tashkent overseeing my firm's investments in Uzbekistan. Love that country and what it's doing and the people and the food are the absolute best

  • @bgaripov
    @bgaripov Před 3 měsíci +2

    I have remote employees out of Uzbekistan, and occasionally I’m considering to moving back there or setting up a second residence in Tashkent. Though some of the changes in sociopolitical conditions raise caution (some push to more religious society), the economic situation has improved dramatically and it’s definitely a great place to be. Also, corruption being accessible to all levels of society, helps to even the playfield and overcome their bureaucratic obstacles.

  • @MDavidoff
    @MDavidoff Před 3 měsíci +16

    I was born in Tashkent, Uzbekistan and for a while it was not the best place to invest due to geopolitical factors. However, today it seems like UZ is trying to become the Switzerland of Central Asia.

  • @FinancialFreedomLifestyle
    @FinancialFreedomLifestyle Před 3 měsíci +3

    Thanks for sharing!!

  • @Evansteven244
    @Evansteven244 Před 3 měsíci +5

    Uzbekistan you stumped me,I got to go to a map to find that one? We went to Andorra on your recommendation loved it now we will check on Uzbekistan lol

    • @bretth342
      @bretth342 Před 3 měsíci

      Tashkent is absolutely incredible. Qanotchi and Faze are two of the greatest steakhouses you'll ever find anywhere in the world

  • @gsoros123
    @gsoros123 Před 3 měsíci +29

    3 years later: Why I'm leaving Uzbekistan. Story as old as the world. Geopolitical proximity of adversaries, probability of hot war with neighbor (Russia), probability of hot war with another neighbor - China. Laxed AML regime will eventually cause the russian bankers to launder through Tashkent if they haven't been doing so yet, which later cause OFAC to enforce sanctions, which will increase scrutiny. We saw that with Singapore, we saw that with UAE. The difference between UAE and Uzbekistan is that GDP per capita is significantly higher in UAE, it's oil rich country which wanted to diversify. Uzbekistan is poor country which tries very hard to attract foreign investors, while majority of male population still engaged in construction work in Russia. Sorry, Andew, this is either super long shot, either complete miss. Bad optics IMO.

    • @Khaled91
      @Khaled91 Před 3 měsíci +5

      You're still looking at things from a western centric perspective. A shift is taking place to the global south countries and there is no stopping it.

    • @hasinabegum1038
      @hasinabegum1038 Před 3 měsíci +5

      Uzbekistan economy is growing fast so maby not a place for residence but good place for investments

    • @evelynbarry5046
      @evelynbarry5046 Před 3 měsíci +5

      Oh I agree 100%. Too isolated, too in the middle of a hot area. No thanks.

    • @gsoros123
      @gsoros123 Před 3 měsíci +6

      @@Khaled91 The shift you are talking about has little to no money. All major productions on the west, all manufacturing power is on the west, all know-how is on the west, all banking power is on the west. Not a single country YET other than old world & US showed proof of concept with a time-language year after year growth. UAE implement income tax the moment they were able to catch all those silly folks who got on hook for 0% tax and now they're trying to justify '9% isn't that bad'. The same goes for BRICS - not a single proof that this 'union' has it's power. India hates China, China hates everybody, Russia is looking for new 'besties' after being ostracized, Brazil might be gone, considering Bolsonaro is back, Argentina is gone. China is heavily dependent on american purchasing capacity, so the moment it slows down they are both feet in recession, they already suffer from real estate prices stagnating, escalating tensions with Taiwan and I can continue. Just because US is a mess, doesn't make 'alternative countries' more attractive from financial standpoint in a long run. It's better to have old crappy house in a good neighborhood than have a sleek and modern in a bad one. Take care!

    • @failing_gracefully
      @failing_gracefully Před 3 měsíci +1

      Do you mean Lula is back

  • @travellovers8233
    @travellovers8233 Před 3 měsíci +5

    I love Uzbekistan

  • @EM-wd8wq
    @EM-wd8wq Před 3 měsíci +3

    GO WHERE YOU ARE TREATED BEST
    For me , it's like a proverb, that should have been in the bible
    For me, it's implies that your life is your responsibility, and that there are pastures outside
    that you have to go to , to get the nourishment you need out of life.
    It also implies detachment, from concepts drummed into your psyche which really don't serve you
    we hold onto believe and narratives that simply are sh...t
    The word Go, is an action word and sometimes in life to get any WHERE, you need to leave your luggage
    which is really your baggage and garbage behind
    it implies Choice, it's a big world, you can choose to be small if you wish
    it implies value, there are places where you can bring value to and be rewarded for it
    I could go on and on, I just love that sentence
    0ver the years I found many useful channels on YT
    Very few matches Nomad Capitalist

    • @murfnturf23
      @murfnturf23 Před 3 měsíci +1

      Truer words have never been said.

    • @FromTheBiggining
      @FromTheBiggining Před měsícem

      Wow, I will copy this text and put it on a frame in my wall. Thank you so much for such a great input

  • @shadr8994
    @shadr8994 Před 3 měsíci +6

    I'm willing to go to Uzbekistan just for the Uzbek Pilaf. The best tasting food there is.

    • @cO0os
      @cO0os Před 3 měsíci +2

      Plov 👍🫡

    • @bretth342
      @bretth342 Před 3 měsíci +1

      Don't sleep on the tuxum barak

    • @feruzusmanov7729
      @feruzusmanov7729 Před 2 měsíci +1

      ​@@cO0os it's actually "palov" or "osh". "Plov" is a Russian word for it, not the actual name of the dish.

  • @cdb5662
    @cdb5662 Před 3 měsíci +2

    Once again NC provides Excellent, actionable intel from on the ground in these markets. Can’t get this level of expertise anywhere else.

  • @IloveChallengeProject
    @IloveChallengeProject Před 2 měsíci

    Thany you for making video about my country . I love Uzbekistan ❤

  • @loscocolisos
    @loscocolisos Před 3 měsíci +3

    One good speaker for your Nomad Capitalist Live event would be the current Argentina's president Javier Milei. He is an economist and now healing a country that went almost bankrupt
    Love your videos!!!

    • @voice.of.reason
      @voice.of.reason Před 3 měsíci

      Its going to take more than a few years to turn that country around! And it could have to go bankrupt first

    • @mo1997pj
      @mo1997pj Před 3 měsíci

      Looking into Argentina but cautious because of regulations and taxes. Keeping my eye on it and hoping for good changes. I hesitant about Uzbekistan because of politics, but also interesting on changes coming

  • @TheMichaelMove
    @TheMichaelMove Před 3 měsíci +7

    Keeping the nomad in capitalist. Don’t get too comfortable anywhere. Things change.

    • @87solarsky
      @87solarsky Před 3 měsíci

      Why make things complicated?
      Just become a nomad.

    • @NateB
      @NateB Před 3 měsíci +1

      😢

  • @azamatdavlatov1042
    @azamatdavlatov1042 Před 3 měsíci +6

    Andrew, I am following you for a few months now, I joined the waiting list to participate in Nomad Capitalist Live 2024 a week ago and I would never expect you making a video about my country of origin. I am from Uzbekistan. Yes, the new government is doing a lot to bring investments to the country and build a global brand, but they make a lot of mistakes along the way. There a lot of good things about where the country is headed and also a lot of bad decisions being made. Let's see where it goes.

    • @NateB
      @NateB Před 3 měsíci

      Do you think it will last?😊

    • @petrsal6856
      @petrsal6856 Před 3 měsíci

      Take me with you.

    • @azamatdavlatov1042
      @azamatdavlatov1042 Před 3 měsíci

      @@NateB personally, I am skeptical of that. The biggest problem being a corruption and 19th century mentality of most people (including those in local business and government). That’s the reason I left. But I am keeping an eye on what’s happening there, hopefully I am wrong and Uzbekistan will truly becomes the next big thing…

  • @user-hl2qe5mu9q
    @user-hl2qe5mu9q Před 3 měsíci +1

    I have been looking forward to your insight about Uzbekistan. Being Uzbekistani, I would welcome you in Tashkent and help you get some networking here.

  • @mattanderson6672
    @mattanderson6672 Před 3 měsíci +1

    Brilliant, thank You Andrew!!

  • @BenSlavin
    @BenSlavin Před 3 měsíci +2

    Start exporting Uzbekistan bread and you’ll be rich! So delicious and can’t be found in the US. 🤤

    • @user-se9zc7qj4t
      @user-se9zc7qj4t Před 2 měsíci

      They NEED to start exporting Sarbast. I’ve tried everywhere online and can’t find it. Best beer I’ve had in years.

  • @justinmoody7395
    @justinmoody7395 Před 3 měsíci +2

    When you say a place to invest? What do you mean? Invest in what exactly? Anyone feel free to chime in with examples. I’m learning

  • @ThomasBoyd-wv7qj
    @ThomasBoyd-wv7qj Před 3 měsíci +1

    Awesome.

  • @shimonnathan7776
    @shimonnathan7776 Před 3 měsíci +2

    when you say investing- do you mean building or buying a new home, attractive banking laws, building hotels, factories?

    • @hasinabegum1038
      @hasinabegum1038 Před 3 měsíci +1

      Very low corporate tax and improvements in investor protection rights

  • @barrbudo
    @barrbudo Před 3 měsíci +3

    Uzbekistan, you very nice place!

  • @DF-by7gy
    @DF-by7gy Před 3 měsíci

    Great video! Thank you.

  • @alanbuckingham8788
    @alanbuckingham8788 Před 3 měsíci +1

    I was in Uzbekistan a couple of years ago helping to set up a private English speaking university. There are so many great opportunities to invest although corruption is still a serious concern.

  • @bettycooper369
    @bettycooper369 Před 3 měsíci +1

    I love these interesting new diversification videos!!
    I would LOVE to see a podcast of you and Whitney Webb covering the "doomsday" topics like WEF and how it influences your clients.
    Thank you NC

    • @nomadcapitalist
      @nomadcapitalist  Před 3 měsíci +1

      Thank you! We have recently talked about How to Avoid Doomsday, you can see the video here: czcams.com/video/rRpEXj_K8yo/video.html

    • @bettycooper369
      @bettycooper369 Před 3 měsíci

      @@nomadcapitalist already watched :) ty

  • @karensibal3314
    @karensibal3314 Před 3 měsíci +3

    Andrew, you've done great videos about Central Asia, this is a very good one about Uzbekistan. Can you do one about South Asia, specifically India? Your perspective would be great: strong economy, English speaking country, seems like a good plan B country.

  • @jamalgreen3056
    @jamalgreen3056 Před 3 měsíci +1

    Uzbekistan is becoming more attractive because Uzbekistan is getting involved in international trade and Uzbekistan produce a lot there which means things will be cheaper and great for starting your own business.

  • @Khaled91
    @Khaled91 Před 3 měsíci +7

    What do you think about Afghanistan? The country can't get any worse than it already is, so the trajectory can only go up 📈📈. Regardless of what we think of the Taliban, the country is stable, secure & peaceful. First time in decades. With their reforms, is it a country to watch in the next 20 years?

  • @karlweiss7560
    @karlweiss7560 Před 3 měsíci

    Thanks, I know several very succesful entrepreneurs who are investing in Uzbekistan. Now is the right time to invest when the country is still under the radar.

  • @ProvenGrowth
    @ProvenGrowth Před 3 měsíci

    For investors I recommend KDB Bank Uzbekistan. This bank operates from 1997 and main shareholder is Korean Development Bank.
    Staff can speak English and it is located in the city center. Tashkent 32, Oybek street.

  • @blahizake
    @blahizake Před 3 měsíci

    So how does a casual investor, someone with limited crypto and ETFs, invest in Uzbekistan? What are my options?

  • @Uzbek_Student_
    @Uzbek_Student_ Před 3 měsíci

    good video 😉

  • @Johndoe-qn9jr
    @Johndoe-qn9jr Před 3 měsíci

    God video a follow uo video and more like this please what do u think real estste markets will rice in a year ? Thank you

  • @baronbattles4681
    @baronbattles4681 Před 3 měsíci +2

    Just as there are countries going the wrong direction, aren’t there a lot that are going in the right direction?

  • @jhost0311
    @jhost0311 Před 3 měsíci +1

    How do you invest in TBC bank?

    • @stumpysolo
      @stumpysolo Před 3 měsíci +1

      London stock exchange…

    • @jhost0311
      @jhost0311 Před 3 měsíci

      @@stumpysolo do you know if it’s possible from the US?

  • @nikosniko7092
    @nikosniko7092 Před 3 měsíci +1

    I want in

  • @TheWanderingMason
    @TheWanderingMason Před 3 měsíci +1

    Ive been watching Morocco and Uzbekistan open up.

    • @bretth342
      @bretth342 Před 3 měsíci

      As soon as Morocco legalizes and regulates the hash market they're gonna be raking it in

  • @eriksyring
    @eriksyring Před 3 měsíci +5

    Uzbekistan 🇺🇿 citizenship is not useful. Tashkent was a multinational place - 30 years ago.

    • @joebidet2050
      @joebidet2050 Před 3 měsíci

      It is if you want to live there permanently

  • @johnmknox
    @johnmknox Před 3 měsíci +4

    I want to invest in plov.

    • @bretth342
      @bretth342 Před 3 měsíci +1

      By buying as much plov as you can carry.

    • @Sa7biUK
      @Sa7biUK Před 3 měsíci

      Which way to the Qozon brother 😀

  • @NGC1433
    @NGC1433 Před 18 dny

    Don't forget to ask Carlsberg how is it doing business in Uzbekistan. Or Oxus Gold. (Hint: their businesses and property were expropriated as a whole)
    I loved the people and nature of the country, but my finances are not going anywhere close to that region. I'd rather donate it to charity.

  • @jaredt1983
    @jaredt1983 Před 3 měsíci

    Can we get an updated video about the Philippines? 🤔

    • @joebidet2050
      @joebidet2050 Před 3 měsíci

      Why?
      Ineffective government and judicial system
      Very corrupt
      Immigration is a cash cow for government not just to comply with law
      High taxes
      Corporate 25%
      Income 32%
      Foreigners can't own land
      Dirty stinky loud lots of beggars including children abject poverty
      Expensive food
      Potatoes onions etc 7 times higher than where I live
      Gasoline high and electricity is 8 times higher than where I live
      Cooking gas is 6 times higher
      TB endemic 60 people a day from it
      Many Mangy dogs some with rabies
      15 million Filipinos live abroad and
      Millions more trying to escape
      There is a reason for it !

  • @islandlife6591
    @islandlife6591 Před 3 měsíci

    Uzbekistan is one of the last Frontier markets. Stocks are incredibly cheap with excellent growth potential. The best way to invest there is with the AFC Uzbekistan Fund. I have been invested in this fund since inception.

  • @homeschooledaroundtheworld4660

    Can you make a video on best markets for female investors?

  • @CaliforniaLiving2023
    @CaliforniaLiving2023 Před 2 měsíci

    Uzbekistan is one of the biggest earners of Russia-Ukraine war, people capital and geographical location wise.
    Many talented young Russian people who were disagree with their country aggressive invasion, as well as they were afraid of the military mobilization, escaped to Uzbekistan (mostly Tashkent). According to the statistics, 318000 Russian citizens have fled to the country and this is only in 2022. They transferred there their businesses, “brought” their brains (lots of young tech professionals), and the country accepted them with open arms. This is one of the reasons Uzbekistan is thriving these days. No one knows how long this will last. They have their own problems (as people have already mentioned below), and those problems didn’t go away, they are still there. When the war is over, many things could change. Will see.

  • @Wealthzilla
    @Wealthzilla Před 3 měsíci +1

    Once a Nomad capitalist called Borat said "This is my country of Kazakhstan. It locate between Tajikistan, and Kyrgyzstan, and a**holes Uzbekistan."

    • @hasinabegum1038
      @hasinabegum1038 Před 3 měsíci +2

      But Kazakhstan is not Between Kyrgyzstan and tajikistan

  • @zuhriddinibrohimov9156
    @zuhriddinibrohimov9156 Před 3 měsíci

    Hey, just come here and you see your life in Uzbekistan

  • @MarcaoPT
    @MarcaoPT Před 3 měsíci +4

    Andrew, do you or the investors you know have any concerns about Uzbekistan being potentially one of the gateways used by Russia to bypass its sanctions?
    If conclusive evidence comes up that support that fact, Uzbekistan may potentially face sanctions as well, which would be very damaging for all investors.

    • @darrylknight2675
      @darrylknight2675 Před 3 měsíci +1

      Good question

    • @maderastuff
      @maderastuff Před 3 měsíci

      Long as you don't overinvest in Uz, seems like either a moot point or a basic risk of this type of frontier market investing. That risk will always exist in the imaginary future. Equal risk is the usa collapses and BRICs becomes world currency. Devils advocate.

    • @islandlife6591
      @islandlife6591 Před 3 měsíci

      The whole world does business with Russia except for the West. This is why the sanctions are not working. I don't see how the West can sanction the rest of the world

  • @latinmaleaz
    @latinmaleaz Před 2 měsíci

    how is the foods in Uzb?

  • @erkintoker5370
    @erkintoker5370 Před 3 měsíci +1

    Uzbekistan is going away from russia and getting closer to Europe and Turkey. A good signal for investors.

  • @pflh2391
    @pflh2391 Před 3 měsíci

    0:08 no way, it's france?? 😮

  • @SSRstudio
    @SSRstudio Před 3 měsíci +9

    Next video will be about Belarus ? )))))

    • @CesaresChannel
      @CesaresChannel Před 3 měsíci +2

      Belarus is a superb country ❤️🇧🇾 Real estate prices in Minsk rising fast

    • @SSRstudio
      @SSRstudio Před 3 měsíci +6

      @@CesaresChannelso superb that around 20% of population escaped from it in last 3 years

    • @CesaresChannel
      @CesaresChannel Před 3 měsíci +1

      That’s just western propaganda! I live in Minsk. You’re talking about a subject you know zero about 👍🏻

    • @SSRstudio
      @SSRstudio Před 3 měsíci

      @@CesaresChannelidiot i was born in Minsk….

    • @hasinabegum1038
      @hasinabegum1038 Před 3 měsíci

      Nothing special about Belarus.Belarussian dictator doesn’t care about development

  • @wildbill6366
    @wildbill6366 Před 3 měsíci +3

    Last year I tried to get a E Visa their website wouldn't work..😂😂😂😂.. not a good sign.

    • @bretth342
      @bretth342 Před 3 měsíci +1

      There's a knockoff website that looks very similar but is woefully inefficient. I've run into the same issue with Qatar, Kazakhstan, Turkiye, and Azerbaijan

  • @atheist63
    @atheist63 Před 3 měsíci +1

    Brazil will be great also for the next few years

    • @petrsal6856
      @petrsal6856 Před 3 měsíci

      And the USA will turn into Brazil in a few years.

  • @omarmahfouz5599
    @omarmahfouz5599 Před 3 měsíci +1

    Nigel Farage is someone who you usually should avoid 😂

  • @YogaBlissDance
    @YogaBlissDance Před 3 měsíci

    Awfully close to Russia no? Quickly read up there are some severe pollution issues in some places...

  • @MMABeijing
    @MMABeijing Před 3 měsíci +1

    What s wrong with Georgia?

    • @voice.of.reason
      @voice.of.reason Před 3 měsíci

      Nothing

    • @bretth342
      @bretth342 Před 3 měsíci

      Apart from how bloated you're liable to get eating a boatload of bread nothing.

  • @DidiGrooves
    @DidiGrooves Před 3 měsíci +13

    Do you happen to have any videos on where to invest if you leave the USA? I am planning my exit to someplace in SE Asia probably. I leave though, I would then need to close my accounts, any accounts - like, stocks, mutual funds?
    I am from the EU but living in your former state of AZ and I have a green card. At this point, this country is far gone. At 40, I notice stuff is stacked so I can barely survive - the way out is to relocate and freelance online. The only way to get ahead in the USA is by living with 10 other people and working 3 jobs. I don't even have a family here and I don't want to force myself into a relationship to simply not live in my car. Also, if I see where it's going and if I know I want to leave, why look for anyone? Also, American men are really overworked, they still believe in dumb S like the "American Dream" and are on so many medications due to stress and unhealthy food, that they are dependent on the medical system as early as 40.
    I need to get the F out but I am not a 7-8-digit millionaire. YET. Just working on basic cash flow. If/when I leave, I will cut 100% of all ties. If I live in Malaysia, for example, I need to see what options they have for stuff like retirement accounts, if I am not going to be eliminating all US accounts.

    • @shounnc
      @shounnc Před 3 měsíci +2

      come to Philippines

    • @87solarsky
      @87solarsky Před 3 měsíci +1

      You're looking for upward socioeconomic mobility.
      That's not the main focus of this channel.

    • @pepper2304
      @pepper2304 Před 3 měsíci

      Get citizenship or residency in turkiye then you're closer to Uzbekistan. There might be risk of the war w Russia spreading there.

    • @87solarsky
      @87solarsky Před 3 měsíci

      @@pepper2304
      Yes, the geopolitical risks between Turkey and Russia are only getting worse.

    • @privatejets
      @privatejets Před 3 měsíci +2

      Totally agreed with you you said, vietnamese born but live in the states for 18 years here, usa is going to shit

  • @joebidet2050
    @joebidet2050 Před 3 měsíci

    My appliances in kyrgyzstan sink ref washing machine all made in uzbekistan

  • @dylan-tl2yx
    @dylan-tl2yx Před 3 měsíci

    New nomad visa south Africa?

  • @kikitaylortay972
    @kikitaylortay972 Před 3 měsíci +1

    Uzbekistan has been on my list to move. I’m from US & it’s attractive to me to live there with my American dollars for a good standard of life, it’s a Muslim country, & almost no westerners there. I want to be where the people aren’t 😊

    • @hasinabegum1038
      @hasinabegum1038 Před 3 měsíci

      Not very Muslim country

    • @bretth342
      @bretth342 Před 3 měsíci +1

      ​@@hasinabegum1038 secular country but 98% Muslim

    • @joebidet2050
      @joebidet2050 Před 3 měsíci +1

      Come to kyrgyzstan
      More secular
      25% non kyrgyz
      7% white
      You don't stick out like other Asian countries

    • @bretth342
      @bretth342 Před 3 měsíci +2

      @@joebidet2050 Bishkek had the best lagman I've ever had too

    • @hasinabegum1038
      @hasinabegum1038 Před 3 měsíci +1

      @@joebidet2050Islamic revival happening in Kyrgyzstan.Kazakhstan is most modern, secular and Russianized country

  • @PsijicV
    @PsijicV Před 3 měsíci +3

    Waiting for destroying of corruption

    • @hasinabegum1038
      @hasinabegum1038 Před 3 měsíci +1

      Corruption is decreasing and chinese economy has grown fast despite high corruption

    • @PsijicV
      @PsijicV Před 3 měsíci

      @@hasinabegum1038Actually, China sinked 11 places last year in Corruption Perceptions Index and its index is on 2009 year level.

  • @Dmitriy_Pivko
    @Dmitriy_Pivko Před 3 měsíci

    In soviet union Uzbekistan was a main place for cotton produce

  • @pitoblogg
    @pitoblogg Před 3 měsíci +1

    Respectfully, Georgia’s culture is world class, up there with Italy and Greece. Uzbekistan is nowhere near. There is no next Georgia. Few countries can be compared to Georgia.

  • @briandawkins6174
    @briandawkins6174 Před 3 měsíci

    It would be an absolute chore to fly there all the time m8

    • @bretth342
      @bretth342 Před 3 měsíci +1

      Not bad at all. I spend about half a year there every year. JFK has a nonstop

  • @joebidet2050
    @joebidet2050 Před 3 měsíci

    Uzbekistan inexpensive free low taxes great food

  • @MohammedIrfan-wc3zm
    @MohammedIrfan-wc3zm Před 3 měsíci +1

    Emailed your office 3 times. No response!!!

    • @nomadcapitalist
      @nomadcapitalist  Před 3 měsíci

      Sorry to hear that, please make sure to contact us through this link: nomadcapitalist.com/apply/

  • @joebidet2050
    @joebidet2050 Před 3 měsíci

    Ive been saying this for years

  • @Lucky13Twice
    @Lucky13Twice Před 3 měsíci +2

    Well....their landlocked so no port means I would have no interest.

    • @islandlife6591
      @islandlife6591 Před 3 měsíci +2

      Hmmm some of the richest countries in the world are landlocked. such as Switzerland and Luxembourg.

    • @petrsal6856
      @petrsal6856 Před 3 měsíci

      You can swim in the pool.

    • @islandlife6591
      @islandlife6591 Před 3 měsíci

      @@petrsal6856 or in the lakes

    • @houstonwehaveaproblem4187
      @houstonwehaveaproblem4187 Před 3 měsíci

      @islandlife6591 Only works in a European context. Subtract Europe from the equation and you find that landlocked countries are usually poorer.

    • @islandlife6591
      @islandlife6591 Před 3 měsíci

      @@houstonwehaveaproblem4187 Well most of the poorest countries in the world have access to the sea. All I am saying is that it is not a critical factor like it was 1000 or more years ago....

  • @TheShaolin015
    @TheShaolin015 Před 3 měsíci +4

    What’s more extreme than hell no? That country is heavily relied on china, and it’s also based on massive amounts of debt. So not a chance would I touch Uzbekistan. Been there once and I foresee massive default to china

    • @bretth342
      @bretth342 Před 3 měsíci

      For more economically entwined with India and South Korea now, actually. China serves as more of a buyer

  • @kayimov
    @kayimov Před 3 měsíci

    🎉

  • @marlajacques6947
    @marlajacques6947 Před 3 měsíci +2

    I really hope these agricultural projects are going to be organic and GMO free

    • @YogaBlissDance
      @YogaBlissDance Před 3 měsíci

      Lots of horrible pollution in some areas, their sea is poisoned...no thanks.

  • @murmurha2084
    @murmurha2084 Před 3 měsíci

    Ghana..!, next..!?

  • @latinmaleaz
    @latinmaleaz Před 2 měsíci

    if i marry a woman from Uzb would be allowed to obtain its citizenship and not lose my current citizenship?

  • @0501Talina0501
    @0501Talina0501 Před 2 měsíci

    when you're country is near rusia, you're in danger. safety is temporary, you never know..

  • @joebidet2050
    @joebidet2050 Před 3 měsíci

    Kyrgyzstan
    Income tax 10%
    Corporate tax 10%

  • @markcrisp07
    @markcrisp07 Před 3 měsíci

    12% tax,,,, that's good. I'd pay that fine

  • @6stringssamurai
    @6stringssamurai Před 3 měsíci

    Unless the imperial ambitions of Russia are thwarted, I wouldn't dare to invest in any country that is a former member of a Soviet Union.

  • @drkarmakid
    @drkarmakid Před 3 měsíci +1

    Are the young people now learning English as a second language? Or is it still Russian?

    • @sevinchravshanova4861
      @sevinchravshanova4861 Před 3 měsíci

      Yes, young people are learning English

    • @bretth342
      @bretth342 Před 3 měsíci

      Uzbek and English. They're in the midst of latinizing their alphabet across the federal level.

  • @kevinkasp
    @kevinkasp Před 3 měsíci +10

    Thousands of Russians opposed to its war and invasion of Ukraine have fled to Uzbekistan, so Russian influence is there but they are Russians with a strong moral compass.

    • @petrsal6856
      @petrsal6856 Před 3 měsíci +2

      Quite the opposite: they are traitors.

    • @kevinkasp
      @kevinkasp Před 3 měsíci

      @@petrsal6856 Sure. Riiiight. That's why Russia is supported only by the "good" guys. The "freedom loving and democratic" countries of Iran and North Korea. You can judge a person by his bedfellows.
      Russians are cowards. They've allowed one man to take the largest country in the world and turn it into a cesspool of corruption, intimidation and fear because Russia's men don't have the balls to join even the 19th century, let alone the 21st. Russia: the only white people in the entire world who have never experienced democracy because they don't have the will power or nerve to rule themselves.

    • @kevinkasp
      @kevinkasp Před 3 měsíci

      @@petrsal6856 Traitors of what? Ukrainians go to war for freedom and independence. Russians go to war to steal used washing machines.

    • @bretth342
      @bretth342 Před 3 měsíci

      More Western influence than Russian

    • @Sa7biUK
      @Sa7biUK Před 3 měsíci

      'sTrOnG mORaL cOmPaSs'

  • @nmatthew7469
    @nmatthew7469 Před 3 měsíci +6

    How's jim Rogers doing with china these days? Chinas the future and all that, right Jim? 😂

    • @petrsal6856
      @petrsal6856 Před 3 měsíci

      Yes, China's future is in the toilet.

    • @pentrubarbati
      @pentrubarbati Před 3 měsíci

      china is doing just ok better then the communist usa

  • @emteiks
    @emteiks Před 3 měsíci +1

    all those countries have major flaw - to close to Russia, with such bully around the corner you can't have any certainty on planning anything

    • @voice.of.reason
      @voice.of.reason Před 3 měsíci +2

      On the contrary, I'd rather be close to a well run, low crime, successful economy country than the West which is falling apart culturally, socially and on every other measaure

    • @islandlife6591
      @islandlife6591 Před 3 měsíci

      Lol, go tell that to Iraq, Afghanistan, Syria, Panama, Vietnam etc.

    • @hasinabegum1038
      @hasinabegum1038 Před 3 měsíci

      ​@@islandlife6591Syria is at civil war

    • @islandlife6591
      @islandlife6591 Před 3 měsíci

      @@hasinabegum1038 The US occupies part of Syria, like Putin occupies part of Ukraine.

    • @bretth342
      @bretth342 Před 3 měsíci

      Russia can't fuck with Uzbekistan because that's where all the legitimate Russian money is.

  • @orionspur
    @orionspur Před 3 měsíci +1

    8:49 Trump impression. 😂

  • @balkanforever1
    @balkanforever1 Před 3 měsíci

    Me looking for ways to leave this doomed country: ok cool 😄

    • @hasinabegum1038
      @hasinabegum1038 Před 3 měsíci +1

      Uzbekistan economy is growing

    • @bretth342
      @bretth342 Před 3 měsíci

      ​@@hasinabegum1038I think he was talking about the US

  • @lixi-qing5310
    @lixi-qing5310 Před 3 měsíci +2

    "The Uzbek language is not known either by the occupiers or by idiots," as one UZ politician said.
    Anyway, you are white boss, you can do whatever you want.

  • @defrank1870
    @defrank1870 Před 3 měsíci +2

    Nah, don't need Putin launching missiles at my condos. Thanks.

    • @bretth342
      @bretth342 Před 3 měsíci

      Putin can't fuck with Uzbekistan. All the legitimate Russian money is there.

  • @joebidet2050
    @joebidet2050 Před 3 měsíci

    Mongolia is poor and miserable
    Didnt like it

  • @fgafootball
    @fgafootball Před 3 měsíci +1

    Is this what its come to. Uzbekistan. Come on. Its about 20 years behind in technology for starters 😂

    • @hasinabegum1038
      @hasinabegum1038 Před 3 měsíci +1

      Improving very fast

    • @fgafootball
      @fgafootball Před 3 měsíci

      @@hasinabegum1038 you should move back.

    • @bretth342
      @bretth342 Před 3 měsíci

      Not anymore. Ramping up tech at a staggering rate

  • @derekathomson
    @derekathomson Před 3 měsíci

    When is this channel going to get with the times and change its name to "Nomad Socialist"?

    • @hasinabegum1038
      @hasinabegum1038 Před 3 měsíci

      What is socialiat

    • @derekathomson
      @derekathomson Před 3 měsíci

      @@hasinabegum1038 That was a simple typing error. Thanks for the heads up.

    • @bretth342
      @bretth342 Před 3 měsíci

      Uzbekistan is more capitalist than America at this point

  • @ewalker9688
    @ewalker9688 Před měsícem

    Are they racists though??

  • @jesselivermore2291
    @jesselivermore2291 Před 3 měsíci

    never invest in anything that ends in -stan.