Living in Europe is Getting Worse
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- Опубліковано 11 чер 2024
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In this video, we delve into the evolving landscape of livability in Europe and beyond. As we explore The Economist's prestigious list of Livable Cities, we uncover the shifting dynamics between Western and Eastern European countries. From examining healthcare, infrastructure, and stability to dissecting the challenges faced by Western Europe, we question whether the high costs associated with living in certain regions are justified.
00:00 Start
00:22 The Economist's List of Livable Cities
2:28 Healthcare, Infrastructure, and Stability
3:26 Challenges in Western European Countries
6:19 Is It Worth the Cost?
7:42 Rise of Eastern European Cities
9:20 Categories of Livability
12:22 Europe Heading in the Wrong Direction
14:10 What Asian Cities Offer
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I will extand that serie.... I will show peoples the Daegel Democrafic Raport.... and study it. It is extremly interesting
Not sure how much I'd like to have a doctor who drinks at other patients' homes but it is a cool thing to know lol
I found healthcare in Romania to be better than in the US, even dentistry. And everything was much much cheaper. In Brasov, the family doctor came strolling over at 9pm to write a script for me since the airlines lost our luggage. Then we had a beer together in Mama's kitchen and had some great conversation. No way that would ever happen in the US - I used to be a director of medical clinics in the US!!
Thank you for sharing your experience!
That's a big vote of confidence for Romanians.
This is just wonderful to hear. Viva Romania......
Had an X-ray done of my mouth in brasov for 10 euro, walk in private lab and results in my hand in 5 mins! Unreal!
Thank you very much for sharing…I had back surgery done at Bumrungrad Hospital in Bangkok. They come pick you up at the airport; at the hospital they have a price menu; ; 3-4star hotels nearby for about U$D40.00-$50. per night; all night eateries for around $5.00; women for sale every where in the neighborhood…it’s not a criminal offense; using or paying in cash for sex is not a criminal offense…..cannabis is decriminalised….just refrain from insulting Royalty, don’t touch a person’s head, or cross your legs with your foot pointing at someone..
When I was 18 I made 10k during the summer holidays I paid 4.5k of taxes . Next day I was on a flight to Asia and never went back . Fuck that shirt
It's even more insane when you see the crowd of morons praising high taxes, we even have a saying in Sweden that people love high taxes cause they get to "contribute" back to society. Sometimes ignorance is bliss..
Shocking!!!
Fuck that shirt is kinda funny….
@@Dwseias60youtube censorship makes us have to say the goofiest stuff
What do you think where the money for all this mainly Muslim immigrants comes from?
I think you should remember that 99.9 % of people are not among the 0.1 % richest. So, yes most livable is not measured by the needs of 0.1 % of the population. Dubai is not very nice if you are poor or lower middle class. Copenhagen is.
Why should he remember? His business model has a clear target group, top earners and wealthy people. If you fancy watching his content, why would you expect him to think of other people? As a business owner, you would understand that. And as a non-1%-person, you could simply be greatful for such great inspiration or just move on.
@@SilviMariaEngl sure, why would you ever think of the 99.9 %, right? My point was, that there is nothing wrong with the measurement for livability that was mentioned in the video, as it measure livability for the (vast) majority. An alternative angle could be to create a livability index for the 0.1 % instead of criticizing the current model.
@@Danfromthenorth I see. Yet, again, from my point of view people watching videos on UA-cam should consider that UA-camrs have target groups. This has nothing to do with not caring for others if your target group are the richest people. They also need counselling, support in certain things etc.
@@SilviMariaEngl I don’t disagree with you at all. My pow was, that the framing of the livability index was a bit off, and that it was criticized unfairly without proper context.
lots of those places that scream "we care about lower\middle classes" are actually horrible specifically for lower\middle classes. Because it is actually much easier to accept losing half of your income when you already set and wealthy, and much harder for folks who still struggle even with rent.
Western Europe is pretty bad for common folks, but many of them don`t even know how much they lose on taxes or how much state apparatus leeches of them.
The amount of ppl oblivious to the nature of taxation is actually mind-blowing. Some even believe that "state can give you something for free" . lmao.
There are only two types of cities in the world.
1. Those with a train to the airport.
2. Those without a train to the airport.
😂😂😂
3. Also those without an airport! 😀
And cities like my native NYC which has. train to the airport so slow and wit so many stops plus one or more inconvenient transfers that most give up and take a cab. Including the Native New Yorkers.
@@jugendamthamburg-ggkonform381 Everything in America is built with the "toll booth" mentality. That's why.
Bangkok and KL already has one though. Even Manila is already building one. Yes, rich European countries have the best transport infrastructure to date but let’s not pretend as if developing countries couldn’t catch up.
@@unhash631just came back from manila. Nightmare
As much as I love Sweden, it ticks multiple categories of "not worth living here if you have a high income". One of the biggest problems is the tax brackets, people often fail to add the employee fee's that are quite substantial (around 31%) if you have a job here. We also used to have a special tax bracket for anyone above 50.000 SEK per month. It was removed but I could bet money they are gonna reintroduce it (as well as property tax, that one might make a return).,
Our healthcare is dogsh!1, you will have to wait absurd amounts of time to meet a doctor. They also have a strong aversion of doing any "unnecessary" tests or and sparingly give out antibiotics (doctors basically worship painkillers like Alvedon here). There's way too much micromanaging, way too much administration and paper shufflers and way too few actual doctors. We have had our healthcare even send people oversees in certain scenario's cause it was just cheaper and faster.
Crime is rampant, it's gotten to the point that larger cities have so many violent gangs that the media can't hide it anymore. They even talked about sending in the military (a joke, our military has been constantly downgraded to the point of non-existence). Some places have so many foreigners, Arabic is more common than Swedish. Our prisons are like 90+% migrants, way too many crimes go unsolved and our courts/politicians pretty much stop the police from doing anything useful.
I would highly suggest anyone wanting to move to Sweden to reconsider, maybe wait a little until either the country implodes or the problems gotten resolved (I doubt the latter is possible, not with so many people working against it)
Exakt 💸💔🤦🏻♀️
@@Alisha-hs8xj E fan tragiskt, Den Sverige jag växte up i är en helt annan värld jämnfört med den Sverige vi har idag 😥
Didn’t know Swedish mafia still exist lol
Sweden is long lost, conquered by Islam, Belgium as well, French, Germany and UK are next. In 30 years 2 thirds of European countries will be drowning in Islam and crime and terror will be integrated in the standard of living. The only European nations that will be out of this equation are Poland & Hungary which were wise enough to escape the middle east immigration wave and the poor countries like Romania etc which are not socialistic attractive enough to the islam parasitic nature. May God save us all
Unfortunately, what you point out is true. Crime is getting worse, but the police force is filled with social workers with bleeding hearts. Not for the victims, for the criminals.
I've noticed a lot of Germans moving to Thailand
Freaky Germoney is totally fukked.
Yeah they love the good value for money with added benefits... Das Massage is good ya
Thailand isn't that great in my opinion. It's filled with rude russians. It smells bad outside 90% of the time. Walking into restaurants it's not uncommon to see the staff sleeping face down on the floor with bugs flying around...Tasty. not being able to drink tap water gets annoying. Driving is a dangerous joke. The loose hanging electrical wires everywhere and people throwing trash on the street isn't pleasant. I stayed in 5 star hotels for a month straight in Thailand all over the country. Kuala Lumpur is much more enjoyable in my opinion, Thai prices but a cleaner smarter place all round.
Cant blame them Germany is a failed society
Thailand is the “happy end” for german pensioners 😉
My friend from Moldova making the same money as me after taxes working in Stockholm. We both work in IT.
You should make a video about how people who "escape" are especially targeted by their home countries for all kinds of bullshit reasons.
I am trying to leave the Netherlands but the tax authorities are having a field day with me.
@@bdg88 care to explain? i want to leave Nederland too in a couple of years.
@@bdg88 how come?
Serieus? Ik had 0 problemen toen ik uitschreef hoef geen eens belasting aangifte te doen
@@jackcarpenters3759 why leaving Netherlands when it is a tax heaven if you know your laws... Why do you think people from the US opening companies in the Netherlands.
I live in Greece but don't have any economic ties here. Great weather, much more affordable than most of the EU, great food, very friendly people, stunning beaches, jaw-dropping mountains, valleys, rivers, hiking trails. I rent a 90sqm seafront place on the western coast of the mainland, with a garden and sunset views, for under four hundred euros. There are some drawbacks like internet speeds, and other bureaucratic hurdles, but overall, best decision I've made so far.
Wow! €400 for Yr flat is amazing value... Nice one!
❤❤❤
Greece must be awesome as a place to live
The only reason Western Europe is still considered livable is thanks to the momentum built up during the period between mid-forties until around 2000. In this period of relative freedom we accumulated so much wealth and productivity that it would take a while to really notice the downturn. But people are starting to feel it now.
You mean thanks to Russian gas and German industry.
With all the turmoil in Europe due to Ukraine and somewhat proximity to the Middle East, I definitely would be very cautious moving there.
Also the migration issue is a huge problem. The EU is in big trouble.
@@gugy68 The EU is definitely in big trouble.
Europe (in particular North and West) have become incredibely expensive to live in recently, with a huge stagnation with the rise of salaries. For most people in these countries, the quality of life just doesn't exist. To given an example myself, being based in the UK the situation has become incredibely difficult since the financial crisis, even more so since COVID. No real growth at all, in terms of industries, services, salaries. Everything is slowly becoming more expensive, and has numerous political challenges which have not been addresssed, never mind solved. Europe is now only really enjoyable for the rich. Immigration at this point is high, but given its high with the observations I mention above, people are continuously blamming immigration. It is only one factor in a huge problem.
agree. UK feels very much like managed decline.
It's the same in Canada. We have had a housing crisis for the last several years to the point where it's getting harder and harder for average Canadians to afford a roof over their head and yet the government hasn't stopped bringing hundreds of thousands of immigrants to the country every year who themselves find it almost impossible to survive here economically due to high cost of living. It's an endless cycle of mismanagement and bad policies resulting in poverty, homelessness and misery for millions of people.
yes its straight out of the globalists playbook. more and more people understand what has and is happening now. the west needs government purging, might be sooner than we all think.
to be honest: UK is never on a listof liveable cities, not even London itself.
It is if you have an income north of £250k and dont mind crappy weather. Also it is if you are non-dom in UK, a good deal for them.@@rivenoak
If you want to live in the place with high living standard for everyone, go to these places
If you want to live like kings and queens, go live where they treat you best
No one treats you good anywhere anymore
Living in Western Europe us getting worse.... Who would have thought that importing the 3rd world to all the major cities would reduce their liveabilty.... Diversity is our strength 🎉
Hahaha strange isn’t it? 😂😂😂😂
yeah, some places in Western Europe are just plain dystopian right now.
Bucarest had some stray dogs when I was there, but they were far less dangerous than some of "culturally enriched" cities of the West :D
That's the great truth no one is allowed to say - Europe has been utterly devastated by mass immigration.
I guess mass Anglo-Saxon immigration is fine and doesn't make places in SE Asia any worse 😅😅
@@attiq2k It makes it better. Not all cultures are equal.
I think you should have mentioned that these cities are livable for people who own homes there but increasingly the salaries in these places and taxes are making it impossible for newer generations to buy homes in these livable cities.
A great video idea would be Nomad Capitalist’s own list for places to move to for employees. Many here might like their job/not looking to be an entreprenuer just now, and would really appreciate NC’s pov on that.
Excellent suggestion. We have covered it during the Nomad Capitalist Live 2023, you can see the short video here: ua-cam.com/users/shorts5XHwwrlDmH4
Checkout the internations expat survey
In western Europe most people complain that their salary is too low to live comfortably but they don’t think, that it’s because the taxes are so high it leaves you with basically half of your salary… the salary is fine, the taxes are too high.
I live in Belgium. it's one thing that you're paying big money to buy a nice mercedes, but Belgian taxation is at Mercedes level prices but the service you're getting is of rusty bicycle level quality. Brussels is an absolutely chaotic and filthy dump, and plenty of people seem to be proud of just that.
I've noticed a phenomenon where people who grew up in once-great places (Canadian here) are unable to compute that it's no longer great and will deny any problems. Perhaps having established themselves comfortably, they can ignore the collapse going on around them, for now at least.
I’m not a high earner but I always enjoy these types of videos on your channel. I’m in the process of moving to Sofia, Bulgaria. Sure the infrastructure could be better but the public transport is excellent and cheap. I feel much safer walking the streets there at any time of day than most cities in the US - I am American. I’m a woman in my 50’s but I’ve made more friends more easily in Sofia than I did in Seattle where I lived for over 20 years. Building a social circle is a huge aspect of livability, and so far I’ve been extremely happy with Bulgaria in this respect-the people are amazing. Tax rate just 10% is reasonable. Haven’t been to the doctor yet, but my dentist is top notch! Eastern Europe gets my vote.
For sure dear . Easter Europe and especially Balkan countries now are excellent choice . All of this mentions especially social aspect of the life .
Do you have to learn the language ?
Sofia and Bulgaria generally are atrocious.
Myself and my wife are just about to leave Bulgaria. No uber and other options, just greedy taxi drivers. Internet speed in most buildings is 100 Mbps, working from home is a challenge. Air quality is beyond extreme, we didn't experience such a pollution in Malta, but here most of the time just sitting at home with windows closed (talking about Sofia, Varna and Burgas). No lamb doner kebab...after UK this hurts a lot, but pork is everywhere. Couldn't find fillet steak in every butcher shop, pork and chicken only. Taxes are 10% if you make less than 50,000 Bulgarian lev/year, then add 20% VAT, then 5% to widthdraw dividents, national insurance and etc. In result from proposed 10% I ended up paying almost 30% from my income. Not complaining, just sharing expectations vs reality. Now thinking about eResidence in Estonia and living in Riga (Latvia) or Vilnius (Lithuania). Peace ✌
English man in Netherlands at the moment. Thinking about leaving. Anyways my question to you, if you could would you choose uk over bulgaria / malta?
South East Asia is the best for quality of life. If you have an online business just move there. Economic growth is strong, people are optimistic because tomorrow will be better than today, it is secure, culture is strong, the weather is great, and it is more tax friendly many times.
100% thrue
I wholeheartedly and totally agree.
I don’t like the heat (30+ degrees Celsius), otherwise I’d try it out. Maybe someone is aware of a cooler location , let’s say higher in the mountains?
@@nataliam7029 Malaysia and Thailand have highlands, where the temperature is milder. In Malaysia there are the Genting Highlands, a mere one hour drive from Kuala Lumpur, Fraser Hill at 2 hour drive and the Cameron Highlands are about 4 hours driving from Kuala Lumpur. In Northern Thailand, Chinag Mai and especially Chiang Rai are cooler than Bangkok. So yes, one can live in SE Asia and escape the often oppressive heat.
@@nataliam7029 Maybe Northern Thailand or Northern Vietnam would be more your taste. Not as hot and you have small mountains.
The ECB is a big problem for business and tax planning, primarily due to the fact that they are not open and little clarification on charges of directions.
Moved to Zurich, after 10 years in Vienna.
Not sure how and why it is in the top 10 most livable cities. It ticks many boxes, but not only is cost of living very high, it is ridiculously difficult to even find a place. I am a so called high earner, meaning price is not that important- but, there just is not enough available apartments.
In the Netherlands, if you're are an expat and qualify for the expert criteria the first 30% of your income is tax free for 5 years, there are lovely places to live in the Netherlands instead of Amsterdam , they have good health care and they speak English pretty dam well! Plus its on the continent so its easier to travel around by car and train. Plus its only a 45minute flight to London
Hi, How much minimum salary you should have with your wife and 3 kids if you are looking for job in Amsterdam?
How can the average person get residency? Is there some kind of like digital nomad visa?
That is expensive. At least the winter is horrible
good health care? really? in the Netherlands? you must be joking
My family is from the Netherlands. Great place to visit but I wouldn't want to live there. No clue what individual freedom means. Healthcare isn't the greatest and the food has been on a steady decline since the 80's.
Absolutely
Imagine paying 30-50% in income taxes per year which amounts to 10k-100k euros on just taxes to get subpar public infrastructure and health care services compared to Asian countries its insanity
Its literally cheaper to live and work in Asia than Europe with that amount of wasteful taxed euros
It takes 1 week to entire year wait time list for medium to serious health condition treated with subpar public health service meanwhile it takes less than 1/10 the time to get the service cheaper, faster and better than the EU public health service in Asia while EU does have top health care only private and more expensive than Asia so it defeats entire point of cost effectiveness which talented people are looking for only neutral part in this is the safety net that's it which can be negated by being responsible with life
European headquarter policy makers want the technical people and innovation yet don't create any environment for these talented people to thrive and live under the current condition while these bureaucrats live under their own ivory towers and dodge taxes its these same bureaucrats that create policies against this ironic you can try reasoning with them they won't listen to you ever its against their pay/living
EU have government bureaucracy crisis that not many people in the EU are willing to look and admit
Another one is cost of living metric index EU countries rank often high cost of living compared to Asian countries which I'm surprised the video didn't even mention often mentioned in digital nomad communities
In the end its about societal exchange if the society doesn't treat talented people right for their exchange in work output taxes to public services then no point living in region that waste talented peoples time/effort
Thats the cost of socialism.
Right on! Perfectly describes the situation in Germany, where there's a surprisingly low variance in salaries, i.e. policemen, trashmen, bus drivers & soldiers e.g. making as much as engineers after-tax and in many cases even more, which can be very frustrating - hard to increase your earnings & reach meaningful saving goals if you're not entrepreneurial or reaching management-levels (I know a lot of engineers, even with PhDs making ~2.5k-3k usd after tax). Additionally, we have the the highest taxes in Europe, housing prices similar to Toronto in the cities, shitty weather and cold, self-centered people, the lowest home ownership rate in Europe (It is the general case that even a doctor-couple can no longer afford a house), the highest energy costs in the world, a high rate of poverty among pensioners, waiting times of half a year for a specialist dr. appointment and a surprisingly low median net worth compared to other European countries. Meanwhile, our government is obsessed with reducing carbon emissions at all costs (even decreasing the home ownership further by completely banning oil- and gas heating systems), handing out basic income to illegal immigrants and funding the most dubious projects in third world countries (e.g. 300mm usd for cycling tracks in Peru). Despite high demands in certain fields such as tech, teachers and civil servants in many cases earn twice as much due to tax benefits, so very few students even opt to study fields such as Computer Science and a significant portion of engineers are sourced from elsewhere. Interestingly, my Pakistani work colleague admitted to earn as much as he did in Pakistan now in Germany, in the same role.
But.... if you lose your job, get scammed or anything else, that will throw you out of the ordinary, in Asia you have to take care of yourself, there is no social benefits or support from anyone at any authority. It's all nice and glitzy, until it is not.
No need to imagine, just come to Sweden and see the clown circus for yourself (best not to, better to enjoy it from a distance 🤣)
@@joolean7799
Perfect summary, 100% correct
I am an Austrian citizen and have lived in Vienna for decades. I have now left this country because life there has become unbearable.
Please explain? or elaborate
First I want to abologize for my bad english.
To answering your question: No opposing opinion to that of the government is tolerated, one part of the population is incited against another part, and innocent citizens are criminalized. Members of the government declare certain citizens to be illegal and want to expell them from the country, despite having valid citizenship. The Austrian constitution no longer counts for anything and human rights are simply abolished. Austrian has changed from a democratic country to something like a dictatorship.@@rackin9594
No, i prefer a beautiful country with beach, sun and ocean in Latin America. @ThuglifeNYC
@ThuglifeNYCFloridsdorf is cursed
My father lives in Tuscanny & my mother in Monaco.
I was born in Australia.
When you think of the world historically, The Eu & the Americas would possibly be in a state of decline since 2006 lets say. As far as organic growth is concerned along with demographics.
South East Asia is where arguably the EU & the Americas were within the industrialised era, so South East Asia still has another 200 years of organic growth to endure.
Europe is becoming so violent and controlled as far as society is concerned.
I have based myself in Singapore & KL, a holiday home on an island in the Phillipines.
I strongly urge anybody watching this VLOG to avoid the EU & the Americas like the plague it is.
I have paid no tax for 22 years and i do not intend to start paying to the parasites that continue to control masses with out punity.
Love your VLOGS sir....keep up te good work...
@@cooperativyeah because he’s Australian, we can’t spell lol
Just back from manila. The air pollution is hell so is getting around
What kind of house do u have in Singapore. Buying a decent house.(not apartment...) Is very expensive there.
Be free and take control of your life. A fantastic mantra! - Great honest talk and account of the "facts". Your takedown of the Economist rankings, (their methods and western bias) was spot on!
But you always forgot about the air quality in KL same for most big cities in Southeast Asia. It can get really bad for a long time and there is nothing more important than your health.
When does it get bad in Kl?
the question easier to answer is when it getting better and that is during the rainy season @@jbennison5672
That is indeed a continuous issue in SE Asia, the air quality. And I am afraid it won't get any better in the future.
Spot on! Many products now have made in Malaysia label. Manufacturing there kills air quality.
Just came back from manila. The air quality in makati area was a disaster I closed my eyes on the hot streets full of traffic... it felt like I imagine living in hell.
Thanks Andrew!!
Totally agree!!
Europe is overrated. It has lots of nice places to visit as a tourist but does not have many good places to live in.
totally agree .
that is because of dumb leftist politicians... and their social policies(do not get me wrong, social policies are good but given to wrong people, for example a migrant will get much more than a citizen and the migrant will not contribute a single thing to the country that feeds him/her, now there I must say that not all migrants are bad just the majority should not be here on our lands)
Hahahahah as someone who lives in southern Germany and who visited the US (New York, Philadelphia), I must say that southern Germany is like a million times better and I was shocked in what a condition the US are. By the way how are people surviving in the US with that food, everything just tastes like chemical shit put together in a lab.
@@worldpolitician5752truth. Food in America literally made me ill.
@@DJBILINGUALi had the same but in Canada. Cant find proper restaurants. Everything is fast food. I got sick and puked the bathroom for a whole day from the food.
Seems like only bigger cities are most "Liveable cities". I don't actually like any of those cities, they are just too big. You get the same culture, education, health care, but better environment and safety outside of those cities. Instead of moving to a big city in a low income country, just move to a good income country outside of those main cities and enjoy low costs housing, but keep the same good income.
I loved the content. That makes me think we are in need on a new ranking based on entirely new metrics.
These top cities are oriented mostly to people who work for the government or people who live from the welfare state mainly. Middle working class people from the private sector and high earners are less and less attracted to live in these top ranked European cities.
Since you mentioned Beograd and Bratislava, where are Zagreb, Croatia, and Ljubljana, Slovenia on that list?
Worth exploring opportunities there?
"Must have a train to the airport"
I have a 3 hour drive or 1 hour regional flight to the nearest international airport.
I just went to Vienna in August. Awesome city!! 🔥🔥
Appreciate the video!!
"GEORGE IS GETTING UPSET" XD Thanks for the video awesome and educational as usual.
I totally agree with you . All these cities are overrated and as you said people are living there only by telling themselves that they are living in a highly ranked city
All these cities smell.
@@jackcarpenters3759 the overrated ones ?
I spent 4 months a year in Europe. Immigration is unthinkable as my taxes would double the US
Europe is a great place to visit but the U.S. is a great place to have your home base. Our healthcare can be really expensive but if things get serious, as they did for me, our research hospitals can't be beat.
Last year my uncle had stage 4 cancer and was told that he only had months to live. Fortunately, he lives near Yale University and was treated by doctors who are actually doing the research in various treatment options. Just a few months, later he now has stage 2 cancer and was told that he can expect to live for many more years.
The irony is you are one of the immigrants.
I think it really depends on what floats your boat, yes there are several countries where you can avoid paying massive amounts of taxes but generally speaking, you pay for what you get. That is why some countries get the tourists like France where you can actually enjoy a good meal made with quality ingredients, something that just is not going to happen in many parts of the world! I guess it’s a question of what your standards are.
So you think one can eat well only in France?
many europeans immigrating to brasil ..yesterday i met a young guy from uk waiting for job interview in curitiba,brazil..i got this information from him
Could he speak fluent Portuguese? I want to move there too but I’m still learning
@@jet67jd37 if you learn basic portuguese +you are english speaker ,you can find job in any multinational company here depending on your skills..in curitiba there are many such companies ..
Too dangerous to live there.
As a Brazilian a could say that if you’re not living in the capitals you’re safe. Please don’t trust everything you see on TV. There are nice places in the countryside.
@@kayflip2233 not true ..i feel safer than uk,italy,france in brasil
Great video! It sums up the way most of us feel here in the EU (well, at least I feel this way and most of my friends, if not all).
How ae these people even calculating these rankings? Vienna, Copenhagen, Zurich, Geneva, Helsinki? Is this a joke? Are these people only thinking from the perspective of a millionaire who doesn't pay taxes?
I'm self-employed in Vienna. Taxes are relatively high, but there are so many benefits to living here. My husband is a stroke survivor and his care is covered. We will never go broke for medical reasons. We don't need a car, public transport is first class and 1 euro per day, university is free, no annual property tax, etc. as a woman, I walk any time of night in any part of the city with zero fear for my safety. My daughters have had a great childhood here and I didn't worry when they started going out.
The only thing I don't love is the climate.
That is certainly better than Copenhagen, where we have very high property taxes and terrible weather.@@englishwithmiranda
@@englishwithmiranda Thank you for taking time to respond and tell your on site story. I'm glad people are still happy to live in these cities and are finding it a good climate for their business and families. I hope I'm not correct and these cities and countries will not continue to loose their glamour.
@@englishwithmiranda That's great. What's wrong with the climate? Too hot? too humid?
@@beckypetersen2680 Austria, not Australia 😉
Winter is cold and long.
Very good content 👏
I do like a train to and from the airport. Haha. But you're right! It's not the only thing. Great video.
It's abysmal in the UK. Malaysia is becoming more extreme pushing down alcohol sales which is expensive, and is not the place it was 10 years ago,theyre also moving the goal.posts all the time, its going backwards, and id never take a train to the Airport. What are these Stats...
I find it easier to purchase good wines and whisky in Malaysia, than back in Europe... More costly, true. But way more choice, as all the fine wines get exported to SE Asia and China.
Thank you for honest informative news and being on top of things happening and the recent cycles and trends ….. thanks for bring on top of changes going in honesty ! 👏🏼👏🏼👏🏼
You're very welcome! We're committed to providing honest and insightful information to help you navigate the ever-changing landscape effectively.
@NomadCapitalist, you mentioned that there have been improvements in Italy .... I would be interested in seeing an update on Italy.
Saying regulations are bad for business is something only people coming from a country used to slavery would say.
That reminds me. Just a couple weeks ago I met a girl visiting my country from USA. One hour into the conversation she started to cry nervously telling us she has a student debt of 70K and she has no job or place to live. I've meet close to 2000 international people from different countries in the last years and this shit only happens in USA.
I live in Helsinki and yes, June - August it's nice and the rest of the year not really. I mean things work very well, it's safe and very comfortable for a Finn, but tax-wise very difficult.
I have question, In most of recent video your giving advice/opinions about the country now no more suitable for living then which the country do you thing is best to living according to you know
Because of this goddamn war in Ukraine I live in Germany. I've been working from the day one. But what I see is that people who make kids and don't work and study get more money than people who work. Right now I am dreaming to come back to Kharkiv when the war is over.
Living in Europe is getting worse ?
-
Nobody, I mean absolutely nobody, could have possibly seen this coming.
Except the common people that have to live with the consequences.
@behappybevegan Yeah, yet Andrew enthusiastically helped people to obtain a residency and / or citizenship there.
Now, these people are probably fleeing in a hurry.
Love Eastern Europe. And I'll take Southern Italy, Sicily, Sardinia, or any Greek Island over the big Western European cities.
what McAfee's citizenship story? he's not allowed to renounce?
Is there anybody who can offer help with those topics for non-millionaires? Many do not meet the minimum requirements for Nomad Capitalist unfortunately.
I recommend getting a remote job in a rich country thats well paid if youre an enterpreneur. One where you never have to travel to office or any customer site in the country. Then get a travel router and put vpn on that mini router. Your work will never be aboe to tell youre overseas. And move to a cheap country that is oleasant to live in !!
@@rohanofelvenpower5566exactly amazing
@@rohanofelvenpower5566i know someone who is a technical service engineer for a Western European country company. Travels around the world.. but then sold his house and now rents a luxury villa in Vietnam and does the same job but from that house and the airplane tickets are cheaper for his boss too around there. And for him shorter to fly. And now living in Vietnam with the same salary. :) like a king.
Living in nearly all developed countries is getting worst. I have seen articles from pretty much all over the world just how bad life is getting
Varna in Bulgaria is a great place to live. Very affordable, relaxed, lovely city, sea garden and beach. Also if you have money you can get things done quickly.
How does it compare to Burgas?
Slightly bigger. Many Bulgarians have the view Burgas is a better place to live as its municipality does a better job. But both cities are pleasant and on a competitive level and even have airports.@zeroflaghu
Plovdiv - low wind speed, mid-summer is extremely hot, but otherwise generally slightly better weather than Sofia including milder winters, decent access to international airport
Varna - high-ish wind speed, winter not ideal for 'enjoying' the ocean, great access to international airport
I am considering moving to Varna, but for now Plovdiv suits me. Plovdiv is very charming, but frankly that will get boring quick. The city hills are perfect for quick hikes though.
Varna may be a better "all-in-one" destination.
Burgas - the lack of an international airport kinda ruins the potential, but you can still get to Varna international airport reasonably fast. If you intend to stay all year round, then consider just going to Varna. Varna has everything, even hills.
As someone who prefers living near an airport that's open all year, I would rank them:
#1 Varna (mid-winter, just get on a plane to Cyprus to escape the cold!)
#2 Plovdiv (mid-summer, just head to Sofia, Varna or Burgas for less intense heat)
#3 Burgas
But I'm fine with living in Plovdiv for now. I can get to Sofia Airport in just 90 minutes by taxi, so that's decently efficient.
Unfortunately, the Bulgarian train system kinda sucks. No air-conditioning, and the delays can be intense. My train was delayed 40 min.
I really enjoyed the view though and things are orderly. But you may not want to use the train if you're in a hurry or if you need AC.
Real estate prices are so cheap compared to the uk are they nice to foreigners
Do you need to learn the language to enjoy life there?
Thank you for your insight on the social life aspect, I feel like we tend to get lost in the numbers and forget to consider the more qualitative aspects. Western European societies are going in the wrong direction, and there really is a singular reason why. No one wants to admit it but everyone knows it. I would also say from personal experience that Madrid isn’t nearly as bad as other Western European cities (have spent time there) but it is still hanging by the fence (and taxes of course are high after the 6 year Beckham law break). In my experience, Eastern Europe also tends to be a bit more reserved, especially to darker-skinned migrants. I’d still choose a place like Tbilisi or Belgrade over Paris but it’s important to know what you’re getting into.
It's the truth that it is almost impossible to integrate socially in society in Western Europe. Everyone has their 6 friends from when they were 6 years old, and they just aren't interested in anything else. Italy is the same. I went to university in Milan, and no one made friends amongst each other, they would just leave and go hang out with their 6 childhood friends during their free time. If it wasn't free, it would have been the worst university experience. The only people I know who superficially integrated into Italian society was through their partner or spouse, but if they ever split up, everyone would abandon them and stay friends with the native only.
Switzerland is not what it used to be. I am Swiss and we are moving abroad. Western Europe is in decline. Zurich is such a leftist city, immigration is slowly overwhelming our country, socialist tendencies are eroding the fundamental values that have made Switzerland great...let us just face it. It is time to either love it, change it or leave it.
Oh no! Please tell me that's not true. Of all the places we've visited over the years, Switzerland was our favorite by far. We used to take annual trips but haven't been back for 3+ years. Has it really changed that much?
What is the the threshold to enter the high earners category of nomad capitalist?
European Union ruins Nations and people 😢
why? EU are the best invention of human history
@@Natalie_Chu-SG elaborate
@Natalie_Chu-SG It was European ideology for a long time to unite all European countries as one country such as Holy Roman Empire, Napoleon Empire, Third Reich of Hitler etc and now we have EU.
@@jesuissoldatamericain8771 do not comparing EU with all that bull sh!t empire… in EU all the member states still have chance to debate any policies…unlike all those empire, everyone does not have any say, its just accept or d-ie…for me as a person heavily related in import and export regulation in food industry, what I can say is…most of the EU regulations are benefited the EU citizen…the legislations must be came from after many round of good debates in the EU parliament… I am very impress…this is impossible to be done by any other world organization…IMPOSSIBLE…
I am from italy. A declining country in a declining Europe. Future or the present is Africa Asia. Potentially S America also.
You are right about taxes being high in Europe, we're in Spain and it's hard to get ahead economically due to high taxes here. However, the Asian countries you're talking about, they all have shitty climate, warm and humid all year around. Climate is a factor for many expats including us Canadians who escaped the harsh and long cold winters. Neither too hot nor too cold is ideal. We chose Spain for its great climate but economically you get a hit.
no matter where people like you live you will always cry about the weather
@@Gold.Circle. I know. It's amazing. We don't mind the long winters. Just have lots of light in your home and plenty of things you can do inside - hobbies like quilting are perfect for that climate.
@@Gold.Circle. no matter where people like you live you will always cry about the taxes
@@spacewargamer4181 not really. Smart people unlike you choose not to live in heavily taxed countries. Thank you
Irony of a Canadian saying Asian countries have "shitty climates" - doesn't Canada have one of the worst climates on earth?
I love your passion!
''Who cares if there is a train to the airport!!'' lol
Thailand is becoming more difficult for expats what with requirements , plus taxable income coming from abroad; plus new health insurance requirements boosting up costs…etc
Thanks so much for your wide-ranging knowledge! Sounds like income tax is the deadliest factor in these "most livable" cities. If an American couple *retires* to Western Europe, I expect these burdens would vanish.
The UK has a notional 60% tax bracket that is rather punishing. Add NI of 12% on top and you can see why its a low income country. (Excluding London).
Anyway, I recently returned from KL and south east asia and will likely buy a place there 👍
So sad UK has gone full socialist
UK's very top rate of tax is 40% to 45 not 60%
Poland introduced a flat tax of 200k PLN (less than 50k Euro), the same as Italy, but it's safer and cheaper in Poland.
Can you elaborate on this? Didnt hear anything about it
Georgia has been a great place for us.
I recently got citizenship in Albania and bought a detached house in Vlore by the beach. What do you think about Albania? I have never heard you mention it.
Where r u from originally?
i am from London UIK@@swiatlojest9136
Do you drive an old Mercedes? Is the main question.
I haven't bought a car in Albania yet, but I will probably purchase a Mercedes 220 diesel estate which will be used.@@HermanWillems
Assumes a completely unrealistic world where a business owner has a location independent business and can easily sell a successful business in the west and run a new successful business in a new country. This is just absurdly unrealistic and all this incredible complexity and risk is in the pursuit of lower taxes. This guy took his own bizarre life and made it into a super narrow business, book and philosophy.
My income is average. I live in a big city in the Netherlands. 35 % taxes, but also half a month of my yearly income goes to city taxes every year.
Je doet net alsof dat raad is Maaike. Maar is heel normale percentage. Nederland heeft een ONDERGEMIDDELDE belastingdruk in Europa. Dus valt er niet veel te zeuren.
@@HermanWillems veel plezier met je democratie land😂🤣👌🤢🤢
I find it funny that the Balkans have a certain appeal for Western people, some charm of days gone by. Me, living here would go as far as possible if I were to move. Wien is great, nice place indeed but moving there with my Slavic roots would mark me as ''auslander" for life regardless of my mastery of the German language.
Balkans is perfect if you have money. If you dont have money its a real struggle !!
I am from balkans and 90% of people want to move to western europe. Most of them already have and only those who are left are those who weren't able to move due to visa restrictions or another reason
Balkan people thinks that in Western Europe euros are falling from the trees, that system is working , and other things . When you go and live there then you realise that you don't have any flexibility in the system and that quality of services are not what they expected. Then you finish working in that Western Europe , going for dental services back home , bring food with you there because if you are buying everything all in Western Europe is going to cost you . Not the mention that they do cosmetic services back there, car repair and many other services .
Europe sucks. My company pulls in about 100,000 EUR before taxes monthly.
-25,000 VAT
-50,000 in salaries, out of which about 16,000 is payroll taxes I.e net salary of about 34,000.
-14,000 in employer fees (basically a hidden salary tax)
This leaves
11,000 in profits.
-1150 in profit tax
Call it
10,000 left as profit in the company. Wanna do a stock dividend? That’s another 20 %
So all in all - the government eats up over half of what I make. OVER HALF!
Europe is the middle east now. I wouldn't live there for free.
Exactly and racist too 👎👎
same
I've watched lots of your videos. In this one, you were hilarious. What fun !
One subject I'm hoping you or someone will eventually address is BOATS! Not an appreciating asset, but a mobile one. When considering different parts of Europe, one benefit of a Schengen passport is you can keep some kind of vessel in pretty much any European waters and visit whenever you wish. Without it you have 90 days maximum and have to pay fees, stay away for extended periods, etc. Its a huge logistical problem for people who like to spend time on boats of all sizes. There are many issues to be solved with seasonality and relocating. Marine tax is not the same as usual real estate and having residency in one country allows you to keep your vessel in a nearby jurisdiction. So for example, if your preferred cruising ground is Greece, will having Portuguese residency or citizenship let you keep your boat in those waters like a local? Can you use the marine facilities along the rivers and canal systems of France without being taxed like a home-owning resident? Is it possible to invest in marina slips as if they were "real estate" and let them for rent when not in use by you??? Looking at a Nomadic lifestyle from the perspective of part-time liveaboard would be VERY interesting for plenty of people, even if done from a critical angle. Love your content, long-time follower, first time commentor. I have 17 years as a US expat with foreign residency.
You still will have to have a permanent place of residency, an address. Taxes will follow accordingly. Not sure what is done for truly nomadic people but i would imagine it’s a headache if you are on the radar because of reported income.
I make close to 100k with my online business. I know it's nothing special money wise but do I have have some options? As far as moving the business to a tax friendly place without renouncing US citizenship ? side note I love your content 🔥
Uruguay is a great place for nomads that want a safe country, great people, and great tax regimes for foreigners. I am an Aussie who lives in Argentina and as soon as I can I am going to up stumps and go to live in Uruguay.
How do you get acesss to live in these countries?
How do you get acesss to live in these countries?
I like South East Asia (specifically Kuala Lumpur) but how does one get around the hot weather?
I live in Kuala Lumpur and sometimes don't feel the sun for months. We travel by car door-to-door from one air-conditioned place to another air-conditioned place. Some air-conditioned places here are worse than Scottish winter.
What is your thoughts about Spain? I am currently in Germany and I am planning to go to Spain and live there as a digital nomad.
In this recent video, we talked about it, you can watch it here: ua-cam.com/video/Q4Gsda-PPwg/v-deo.html
totally agree! taxes in Spain are really high even for average income... and there no incentives for entrepreneurs
Oh I live in Vienna, I couldn't agree more. It's a lovely place but life gets very repetitive and it is much harder to create a good social circle. Cost of living is sky rocketing, bureaucracy at every stage of any official processes including house/apartment rental, only advantages are a bit of nature and good public transport system. Even as a freelancer opportunities have decreased in the last couple years. Not worth the effort to live here just because of the liveability score.
Thanks for sharing!
In summary: the Planet is ovarreted
You are correct. The tax levels are out of control in Finland and others. Its the total that is the problem. Its the combination of income tax insurance fees, pension fees , so if I get 65 k , the fees and taxes are 45%. And thats not fun.
In Thailand cannabis is legal and, affordable cost of living for European and Western Pensioners.
Can you get shrooms and ketamine there too?
Do people like to walk around stoned? Why is that even relevant? Who really cares if weed is legal in a place? As a reason to move there?
Absolute minimum wage is here 1900€. After studying for 4 years, getting a computer science degree and several years of experience, i earn 2600€. These country reward the lazy ones and punish the hard working. Even tho my brutto salaris is more then double of the minimum wage, 40% goes to tax while minimum wage pays close to none tax
@@ThuglifeNYC belgium
ok, so you actually earn 3800+ Euro? Why do people here say their take home and not what they earn? The rest is taken out for taxes which goes to pay for all the free social services people in Europe love.
@@beckypetersen2680 yes more then 3800+ before tax
Coming from South Africa and having lived in three different EU countries I d honestly rather pay higher tax and a better quality of life in Europe than live in developing countries in Africa or Asia.
I'm from Latin America and I think the same 😅
I have family in Latin America, I have lived there and gone back to visit many times, I know the region very well, and I agree with every single word in your comment! I'll pay more if I know things work regularly and can drink the water without getting sick! I find it NUTS how there are North Americans and Europeans who willingly move to Latin America. I agree the EU has problems and is not perfect, but I think his videos ignore the serious corruption and crime rate throughout most of Latin America.
If you have money, Belgrade is very good, freedom, social life like nowhere in Europe
Spot on !!
I live in Bratislava, and .. when you compare the prices and even taxes it's better than most of the western European countries and city has a lot of new modern construction and options for living and spending .. I would already moved somewhere, but it seems that it would be just so much more expensive to live anywhere else. It's "fine".
❤ I adore Bratislava ❤
Is it true pension is like €300 a month?
@@cuppakoffie810 I am not that old, my parents had pretty basic jobs and I think they are getting probably more than double that each. However if I would retire now (40) I would get less than that. So at least I wouldn't die of hunger, but I would be homeless :D
I come from eastern europe and live in west europe now, there is no tax that can substitute the freedom you have and quality of life. What is it worth to be wealthy in eastern europe if you're going to be miserable. I would only recommend eastern europe to people who have families and like to stay inside their homes 24/7
Please would you elaborate? In what way is one's freedom affected in Easter Europe - & why stay indoors 24/7?
Am genuinely interested to know, as I'm considering a move in that direction!
I haven’t lived in Belgrade but in most places people stay inside because there are no activities to do. Most people don’t have money so by staying inside they save up. In my smaller city where I used to live people would think there was something wrong with me if I went for a walk alone outside. Most of them are very primitive in the way they think and even locals would have hard time finding friends let alone foreigners
You did not specify what counties in Eastern Europe you are referring to . If we look the Balkans , Serbia , it is is fantastic. Especially if you earn money outside the country and live there , fantastic . Services faster , cheaper , food is the great, internet great , social life great , night life too . Great restaurants, clubs , what ever you want . Great value for money .
Ha, ha! Very good! "Livability"... hard to define indeed. I agree with your choices.
On a Belgium payroll I was netting 2500 out of a 60K/year salary. And they say that healthcare in Europe is free...
The salary is 300 US Dollars in Malaysia.
Why Switzerland is not considered good for low taxes?
1:03 I'm just curious...
What is it that still makes you think that Eastern European cities are less developed than the western ones? What do Eastern European cities lack to be considered "developed"?
I live in a Western European city with a population of roughly 600k and it is less developed than most Eastern European cities I know, big or small, and I know of and have been to a lot of them.
Stop stigmatising Eastern Europe. Thank you 🎤
Would love a video on Africa options
you should check out Gambia
We have covered it in this video: ua-cam.com/video/KQ6L4xmCMR0/v-deo.html
Oh amazing!! Your videos are amazing, and I'm sure we will be in touch 😊@@nomadcapitalist
Been to South East Asia and now in Latin America, moving to spain next year and will take advantage of Beckham's law however long term Easten Europe will be the base. Albanaia, Montenegro, Hungry, Romania & Bulgaria all have tax at 15% or lower......
What's Beckhams Law?
@@rackin9594 google it brother
@@rackin9594Its where you bend it like Beckham