Why The American Dream Is DEAD
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- Опубліковано 23 чер 2024
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Chapters
00:00 The 'New' American Dream
01:24 Part 1: Why Young People Are Leaving Rich Countries
01:51 The Developed World Is No Longer Affordable
03:11 The Developed World Is Too Stressful
05:58 It’s Never Been Easier To Live Abroad
06:49 Part 2: The Reality of The ‘New American Dream’
07:20 The Euphoric, Cultural Experience Where Money Is No Object
08:47 The Lonely, Isolated Lifestyle of Never Fitting In
10:41 Part 3: The Consequences to the Host Country
11:11 Gentrification
11:54 Cultural Intolerance
The old American Dream was about living a comfortable middle class life with home ownership and a happy family. More recently, however, the new American Dream is about getting an average salary remote job and moving to a different country. In the past decade we have seen this trend of people moving from rich, developed countries to cheaper, developing countries. In this video, I talk about why we are seeing this trend, the reality, and the consequences.
Part 1: Why Young People Are Leaving Rich Countries
Despite this trend of people leaving rich countries, there are logical reasons for this. Here are three.
The Developed World Is No Longer Affordable
In the developed world, we are in a cost of living crisis where everything is becoming increasingly unaffordable. The price of rent, groceries, and cars are becoming out of reach for the average person. Many people are seeing that their salaries will go much further in other countries and are choosing to move to seek a better quality of life.
The Developed World Is Too Stressful
In addition, the developed world is also extremely stressful where people are working harder than ever, are busier than ever, and life feels like a grind. People from rich countries are looking at the lifestyle in cheaper, developing countries where life is slower, more simple, and laid back, and finding that appealing.
It’s Never Been Easier To Live Abroad
Finally, people are leaving their rich countries to become digital nomads because it has never been easier to love abroad. The price of plane tickets has never been lower, more jobs are becoming remote, and many countries are offering digital nomad visas. If you want to move abroad and pursue this ‘New American Dream,’ all you have to do is sell you stuff and buy a plane ticket.
Part 2: The Reality of The ‘New American Dream’
After seeing the reasons people are moving abroad, it begs the question, “Is this American Dream worth pursuing? As someone who has traveled all around the world and lived abroad, I know the reality of this lifestyle and there are two sides to it.
The Euphoric, Cultural Experience Where Money Is No Object
As I mentioned before, there are many benefits to seeking this ‘New American Dream,’ one being the financial benefits where money is no object. When you no longer have to worry about money, it gives you a sense of peace in your life. Also, another benefit is this cultural experience you get where every day is new and exciting and you are learning things about different cultures.
The Lonely, Isolated Lifestyle of Never Fitting In
Although there are many benefits to this lifestyle, ultimately, many people learn that it does come with its own set of challenges. This lifestyle is very lonely where you don’t know anyone, you struggle fitting in as you are an outsider, and you struggle with cultural differences. Many people who pursue this lifestyle ultimately come to the conclusion that financial benefits aren’t everything and there are many benefits to living in your own country. Eventually deciding to return to their home country.
Part 3: The Consequences to the Host Country
Finally, when it comes to this trend, one thing we often don’t consider is the impact on the host countries. There are two main consequences that come with so many people moving to cheaper, developing countries.
Gentrification
As I mentioned, a salary in the United States goes a lot further than in other countries to the point where you’re considered rich and money is no object. This can cause areas of the host country to become gentrified to the point where local people can no longer afford to live in them.
Cultural Intolerance
As I mentioned, moving abroad comes with its own set of challenges. Sometimes dealing with cultural differences can cause anger and sometimes we can feel entitled that since we have more money and are bringing economic means to the country it should change for us.
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“They call it the American Dream because you have to be asleep to believe it.” -George Carlin
Considering how long ago he said that, the American dream died is not a new thing.
You gotta do a collab video with Austin fr
True Nicole and by the way, love your channel aswell.Greetings from Amsterdam
When you are a frugal minimalist..you don’t need to move, just decide what are needs and what are wants. I love my ultra simple life by the beach…🏖.
yes but even shitty jobs are getting very demanding in terms of working hours, being always available and so on for minimum wages. This means that even for barely surviving we are getting closer to enslavement than ever and simple lives are soon gonna be mandatory and not a choice unfortunately
@@farmoboy83 Try to find a job you get some satisfaction from…don’t settle for shitty…👍🏽
@@pattykake7195 i did, twice and still the management or my country working rules can make a good job rapidly become bad. I live in a country where most people are paind 1000eur per month and a small appartment costs 150000eur or 600eur per month so...
@@farmoboy83 Their plan is working! It'll be the Hunger Games soon...RIP Donald Sutherland/President Snow
This hits close to home for me. After losing my first career and seeing 'just how valuable of an employee I was after great sacrifice for nothing', living hand to mouth, listening to what my culture told be "work hard, go to school and be rewarded' and living in this ultra-competitive highly individualistic society, I left America for Japan for a total of 4 years. I knew society and economic systems were screwed up; after living in Japan and its different culture, I was forever changed, for the better! I now say that the "American Dream is just good marketing to sell you a false sense of self at your own expense." Thank you Austin!
How TF is Japan any different when it comes to career and capitalism? You talk rubbish.
I moved to Japan in 2020. I finally got a job there that actually gave me full time hours 60 a week with a livable hourly wage. Loved Japan ❤
Ya gotta be special to get a living wage where I come from in New York City.
@@musicissomuchfunpiano3327 And you're not from NYC. You are an Asian immigrant to the US who went back to Asia.
It took you 4 yrs to get a job or one having you work 60 hrs weekly.
You posted 30 minutes ago and said, you loved Japan? Have you left?
What’s rent like? Cost of living?
Diversity?
If you relocate, learn the language, don't be smug. You can be part of a community only when you speak the same language as the majority.
Tell that to all the Hispanics that come here to Texas and refuse to learn English...Oh wait I get your point completely! 🙂
@@darrenleaguecitysome ppl like you just love to hate on Hispanics. Get over it, I personally know of many Hispanics who migrated here and speak English just fine.
Dirka dirka jihad
@@darrenleaguecity how many expacts that move to Mexico/ Spain / Portugal learn the language?🤔. I imagine some but most do just fine with English. I do get your point as well
@@desireesalas5820 It's nothing against hispanics that assimilate. It's everything to do with hispanics that come here and scream spanish in public places and refuse to learn english.
Left upstate NY for NE China 12 years ago. I plan to visit the US but I'll NEVER live there again. I never want to drive or purchase a car again. Cars are a massive $ pit.
Same, I’m in Albany and moved to Austin, and back to Albany. Now I want to leave for good. 😅
Cars and houses. Yep
i'm chinese, china is not the same as it was 8 years ago, the ccp cracking down HARD on foreigners.
@@user56gghtfaka d
Debt traps along with credit card debt
Had to replace my ABS brakes on my SUV last year, $4800! I can wait to move to Ecuador and never drive again.
I'm Salvadorian, I came to us 14 years ago, and I totally agree with that!!
Here everything moves so fast that is terrifying!
Everything moves fast and nothing changes let alone for the better.
It’s been the same for a long time? What made you want to come?
@@clemfarley7257 the country has been run for criminals for 40 years but now criminals are going to prison, the president Nayib Bukele put 75000 gang members on jail in around a year, and people are able to do business and live better, theres things that need to be fix, but everything is Heading to a good future, even Americans are moving there!!
Why are millions still coming ?
Sounds like you should move back to El Salvador then. I hear the new el presidente is cleaning up the streets. Then you can live a life of menana!
I discovered the new American Dream by moving out of my house, selling my stuff and moving into my SUV!
I've never been happier in my entire life.
There is another aspect of living abroad you did not touch on.
When you decide to go back the your country of origin, there is this feeling that you do not belong there also.
I lived abroad for thirteen years and now I am back home, Because of my life experience most people cannot relate to me.
I have more of a liberal global life experience and unfortunately the average person does not appreciate it, especially the older population.
All is well 🙌💟
I’m in the same boat and I agree!!
This is actually called "cultural reverse shock"
I felt that same way. Thanks for confirming!
Where is your native land and where did you move to?
I stayed in taiwan for twenty years. I'm planning on going back in august so I could finish paying off my student loans.
I love living in asia.
I'm not wealthy but I never have to worry about food on the table
Those places in the footage from Mexico City you showed to exemplify gentrification are just around the corner from my home. I do fine because I'm frugal and live alone, but many families in my building have moved to cheaper cities and what used to be their homes are now apartments rented out as Airbnb for foreigners.
People forget about us educated hillbillies that reside in rural Tennessee. Other than the gas, groceries & property tax hikes, we pretty much have what we need and enjoy a blessed life. I think it boils down to your priorities and ability to stay content in an ever changing environment. Less is more.
It's not just in TN. There are plenty of cities in the US that are rural and where people live below or within their means that no one talks about. Because we're not all on social media broadcasting what we are doing everyday or at all
We are preparing to sell our eastern PA house and buy a house in Western PA. The taxes in eastern PA are unreal. Western PA taxes are nowhere near as high. Land and homes are much lower. My grocery costs continue to drop since I don't buy tp, paper towels, tissues, cleaning products, meat (for the most part), etc. I bake my own bread, make my own cleaning products, grow our produce, etc. Simplify and watch your money grow. I have no interest in moving abroad.
Yup, eastern Pa is getting brutal with property taxes. And what do you get for it and what happens if you can't pay. Liberals destroy everything they can't help it, it is in their nature. Stay out of liberal cities. I recently went to Sarasota FL and was shocked at how beautiful and well run it is. Every city in the northeast is horrible, Harrisburg, reading, Wilkes Barre, Phillie, Baltimore, it's just really sad... Good luck.
Western PA here...Allegheny County property taxes are very high although maybe not compared to Eastern PA. School taxes just keep climbing and housing inventory is low with bidding wars over nicer homes still happening.
Lancaster, PA has priced out the locals, due to greed, so that mostly folks from higher cost of living states, are able to comfortably live here. The high cost of housing, taxes, fuel, food, etc. makes any pay raise a joke… even when not eating out, paying for entertainment, or have no children. The cost of houses or rent is so unreasonable and just greedy.
One thing you said that young people do not have is a home. We cannot afford a house. Its easy to have a garden when you have a home but when you rent you don't own anything so you cannot grow your own food. It still makes more sense for younger people to leave that has nothing and start a life overseas.
The problem is: How are you gonna make 40k a year in Costa Rica.. unless you are a digital nomad that works from home, you will hardly make that much money working there...
I feel like you’re seeing the bad in it
Actually you bring up a good point even if you with remotely here is the US for a company if you can still keep that position if move to Costa Rica your income may be recalculated for that area.
So.woud you be taxes on your income in both the USA and the country you move too?
that's why you have to be a digital nomad, you can't have 3k a month and live well, 40k is for the ones who wants to live like rich
@@MarcosSantos-dj6lk 3k a mo is $48k a year after taxes
Single? Work online or retired? Want a nice $200 a month fully-furnished, 1 bedroom apartment with free water and Internet? Cheap $1 taxi to get you around a very walkable small city with very friendly people. I’m living like that in Cambodia. The US dollar is used here every day and English is spoken. Beer is $1 in restaurants. What’s not to love? The US is NOT the best place to live.
As an older man (57), I am seriously considering moving to another country. This country is no longer the country that I grew up in. Everything is toxic, materialistic, and super expensive. If I was a young person, I would start my life elsewhere. Do not get caught up in the slavery trap here in the U.S.
I'm a USA citizen and a UMS resident. Benin is offering citizenship.
💯
At 58 myself I couldn't agree with you more
When I think about moving abroad for a lower cost of living, I sometimes realize it would be a form of my own personal colonialism, and I get a sense of guilt that I would be using that country for my own selfish purposes. If it's just about the money, it's selfish and exploitative. It has to be about something greater than that, like wanting to be a part of that culture or escaping to a country that better matches my values. In that case it would be worth it to live in a more expensive country. So I use that as a reality check: Would I move that to country if it were more expensive? If not, then I would be moving there for the wrong reason.
The new American Dream is not to own a home and retire in the states. The new American Dream is to save up enough money and eventually leave the states and retire somewhere else.
And the rest of the world is totally not loving it… trust me.
Yes, and the new American nightmare is to fall sick and lose your home because you can’t keep up with bills…and retire in your vehicle…in the streets.
Well if the rest of the world stopped flooding America with Illegal invaders Americans would stop living abroad.
And the US isn't loving the influx of immigrants coming for work and sending their money back home. Trust me@nihilistarchitect
This is very true for my family. My entire family is from the Philippines, but I was born here in the United States. My parents told me about retiring in the Philippines because they were born there and it's their home country. Everything Austin is saying is true. I seen parts of my parents' home town get gentrified for investors from South Korea when I went there. This is the place where they told me about where the United States had members of Air Force located at one time when the Cold War took place.
Instead of moving, let's work toward making this country more affordable, less materialistic, more compassionate and grateful.
And lots less greedy corporations.
interesting point of view. A country is the sum of its citizens and you are right, running away may solve ypur situation but never the future generations of your home land
impossible. too far gone. its OVER.
Forget it. I left years ago.
What are you grateful for? Who are you compassionate to?
Agreed if we move all we do is delay when we face certain consequences like housing unaffordability.
I agree. I’m one of the oldest of the Boomers and we’re ok. (I’ve always been frugal.) However, I don’t see how my grandkids can ever afford the things we took for granted.
As younger boomers, we're okay too due to living frugally our entire lives and never travelling, eating out, or doing many things people think are necessary. We taught our children to live frugally and budget, save, and pay cash for the things they need and want, but honestly, none of them ever expect to be able to afford home ownership.
This is why I like watching Austin,Instead of blindly believing the status quo he tackles it with common sense and facts.
Another great video. 🔥
Thanks!
Here is my 2 cents on the topic. Young people leave developed countries because of the internet and because it’s totally normal for a young adult to want to see the world. I am now 61 yo, I am retired, I visited many countries but I haven’t found a better place to live than where I’ve lived all my life and that is Canada. I know there are comparable countries where the quality of life is similar. The internet makes it so much easier to travel, find a place to stay, work abroad, etc. One thing is certain however, most developed countries have become expensive places to live, especially real estate is expensive. I enjoyed every country I have visited and in many cases, local people were living a good life. However, it is delusional to think that life is better somewhere else. Why did over 1 million young people migrated to Canada from poorer countries every year for the past several years? To have a better life I suppose? Also, one must never compare a salary of $40,000 in America and what you can buy in Costa Rica with that kind of money. The average net salary in Atlanta, Georgia is $5,800 per month whereas it is $880 per month in San Jose, the capital of Costa Rica!!!
Yeah, it's kind of difficult listening to people complain about us engaging in global triage while Brandon, our woke leader, allows in 10 million bogus asylum seekers in the space of 3 years in order to ensure the longevity of his awful party, a party that Americans no longer (and for good reason) care to vote for.
I travel 5 month consecutively to a lower cost country then head back to my own country every year best of both worlds 😂
How long before expats out stay their welcome? When wealthy Californians started moving to Texas and paying top dollar for housing, the cost of living for native Texans became unaffordable. It didn't take long... Moving to countries with a lower cost of living may have been a great idea a few years ago, but the huge increase in expats is now affecting the cost of living of the host countries. Recently Mexico has started deporting Americans. How long before these countries start enacting laws and taxes to benefit from the "rich foreigners?"
Yes, I was born and currently live in California, and I have heard this for several years. When I first heard of certain industries like Venture Capitalist, companies hyped up moving their operations from San Francisco, San Mateo and San Jose to the Austin area.
This is why I have doubts moving out of where I live because of this the same issues I ran away from will follow in the next place.
Funny Americans can't afford their own country.
Karma is it not. Reap what you sow
I'm not running away from where I live and it's not just because I can't afford to leave, but also, it's an indicator that we the voters need to do a better job at addressing the priorities of residents that cannot leave for various reasons.
This only works if you can keep your first world income. If you have to live on a third world income you won't have such a good time. Incomes are going lower here because there's competition from other countries with cheaper labor, lower running costs, less environmental and political red tape etc.
That will force more people out of America and go elsewhere.
You can be lonely and feel like an outsider in the USA…
Very soulless place.
Agustin, you spoke my mind. I had been working for a Major US Airline for the last 24 years, and had living part time abroad; I believe The Middle Class is becoming extinct and can not afford anymore as pricing are raising every single day. We over paying for everything in the USA. Extremely and seriously expensive as you know it.
A problem in finding the dream in countries poorer than the U.S. is that incomes in those countries lessen the possibility of equalling the American Dream in that country. Yes, remote jobs help, but not nearly everyone can get one of these fully remote jobs. Austin can speak of this phenomenon because he has a job that is essentially totally remote. He’s looking at it through HIS lens, not nearly everyone’s situation.
Yes and theres something fake about doing "Remote Jobs" from a tourist area. That only works if you are running a travel blog. If one is really doing a "Remote Job" its from the outer suburban area from home. Also remote jobs have to be reported to the IRS one way or another.
Still believing in the American Dream is the first problem
I get how the phenomenon of migration flows from developed to developing countries can have a negative impact on said developing countries. However, such migration flows have been relatively small in terms of raw numbers. Much larger have been the migration flows from developing countries to developed countries since the end of WWII. Developing country to developed country migration has had a truly profound impact on the developed host countries in terms of cultural assimilation or lack thereof, downward pressures on wages esp. for the most vulnerable developed host country citizen, and upward pressures on housing prices for all (some of the very factors that are causing people from developed countries to move to developing countries). I think that your omission of the impacts of developing to developed country migration, which always has been and continues to be much larger than the other way around, simply reflects the stranglehold that left of center thinking has on what content creators feel that they can and cannot say on social media. I mean a content creator pretty much has to have political YT channel to even broach the topic of negative ramifications of developing to developed migration has on the host country but no problem with the other way around. Despite the fact that our PC rulers tells us that we cannot discuss it, the fact that we do not suggests clear bias.
I wish I could have articulated that like you just did. Thank you. 100% 👍
The American Dream still exists to some extent. We lead the world (and growing) in advanced semiconductor technology and software. It is not advisable to move offshore, where you are not a citizen and have secondary rights to citizens. Your ability to create income is severely limited. You will need to learn another language. Services operate at 50% of USA efficiency. It is no panacea. My sons lives and works in Santa Barbara, CA. He is a tech worker in his younger 30's. He is in the California state income tax bracket at 9.3%. He has a job offer in Seattle. Washington has 0 state income tax, and housing costs about 25% less than Santa Barbara. His standard of living goes way up as he exits California. These are just the type of young productive people that future California needs, and they are leaving in droves.
Now if these software companies weren't hiring remote workers in other countries for a fraction of the salary, this would work for more Americans.
i though taiwan led the world in semiconductor technology and software... or no. TSM?
This is not gonna last. I'm from Chile, and as it turns out, when you guys come to our countries, you make prices go up, so people eventually get tired and want you out of here, unless you not only bring money, but actually invest in the country. You just can't live in our countries without becoming one of us.
How do you think that people in rich countries have felt since the massive influx of people from poor countries into rich countries began after WWII. Many of them have been low skilled, have not assimilated, have driven down wages and driven up house prices. Also the numbers of people going from poor to rich countries have always been and still are much larger. And given the fact that these people are poor, they are much more likely to need to depend on the state for assistance. Whereas a six figure digital nomad living in Thailand does not.
Lol looks like the tables have turned huh
@@plainvanillaguy I don't see how the immigration of poor people would cause housing prices to go up. If anything, their cheap labor reduces the overall cost of living. People with money are who make housing prices go up, along with contractors who won't build homes if they don't make a lot of money off of them from rich buyers. The only way America is going to beat a demographic death spiral as we baby boomers die off is to increase immigration, not fight it. Thank goodness for immigration! It's a part of what has made America great.
The problem is they never really become one of the locals!
Great point
All most at 100k subscribers! Congratulations
🎉
That creates the " content" omg....
I don't see the possibility of being able to live in a cheap country while remote working for a wealthy one with a first world compensation is sustainable long term. I also don't see high first world wages sustainable long term for activities that can be performed remotely. You already use call centers in India and large business will wake up and stop hiring expensive Americans and Europeans since there's many qualified professionals overseas that might not be as cheap as a semi slave call center operator but will surely be much cheaper (and much easier to fire). I don't think that's a bad thing either, to be honest. Rich countries are facing a shortage of local labor. We need more people doing work in the physical world. If that's already a problem with too many people holding college degrees looking for office jobs instead of working on trades or high skilled activities in high demand areas like care/health imagine with people that don't even want to show up at the office a few hours per week, at least, in person. Yes, you might even outperform a local worker, but so can foreign workers, which couldn't compete due to restrictions surrounding visa issuance. Once you remove that barrier by using remote work you will gradually lose your leverage and the gap between you and the rest of the world will become much smaller (for activities that can be performed remotely or where there's too many workers available as we have to admit it's much easier to push some paperwork around than fix plumbing).
I agree too. In some industries you need both vocational and a college degree at the same time.
I'm sorry, but the sense of entitlement started before they moved
Not generalizing but it’s true…
I lived in Kabul, Afghanistan for 10 years. I was treated well. It was affordable BUT, when I needed a hysterectomy or dental work, I was on a plane as fast as I could. Low prices come with the reasons for low prices.
My scariest experience living in Ecuador was going to the dentist. I got a filling and they didn't put any numbing and once they started drilling I asked them if they would put numbing (it's not standard practice to do it there). For 1 year there I always had pain in the tooth and when I got back to the US and went to the dentist they had to redo everything because they did the entire filling wrong. I had one friend who had TWO teeth have to be replaced because of the bad work they did...and we went to one of the best dentists in the country!
Brutal!
@@ElAgustintooth removal is better for health. Fillings even from the west will slowly kill your health unless it is gold which looks very tacky
Animals
You went there voluntarily? As a woman?! My God, I would never go there even if I were offered a lot of money.
Great video! Important topic to cover. As you’ve shown, there are serious negatives for both the host country and the person living abroad. And as the saying goes, “the grass isn’t always greener on the other side.”
No matter where you go, there you are.
@@NJGuy1973 💯
Thank you! Take care
Love your content! I am happy that you are now accepting sponsors adds to your account. Us viewers can bear a couple minutes of commercial and you deserve the extra income🎉
Australia is the same! Government and insurance is ruining everything!
Such a great video Austin! Thank you again.
In Canada we call it the Punjabi dream! 👳♀️
😂😂😂😂
Frugal minimalist off grid living simple life multplie passive income buy freedom not things then live abroad
The problem with the U.S. is that everything is homogenized. Every place and things are the same no matter where you go.
Noticed that when there. Aside from San Francisco it's literally the same. Same stores, architecture, you literally could be a different cities and not tell much of a difference. My theory is it was designed that way by intent to homogenize the population.
I agree and this drives me crazy. Strip malls, fast food and parking lots.
I think developers found out the most efficient formula for everything coupled with cheap land everywhere
Very good points especially those about not trying to change the host countries.
Soon American companies will realize that the job they are paying $50,000 to an American citizen abroad can be done by a foreigner abroad by $35,000
True too or they already have the data to back that up.
Didn't American companies figure that out decades ago?
@@NJGuy1973 Yes
@@blogdesign7126 Yeah, did the OP never hear of H1B visas?
Yep
Excellent 👌 video 👏
Interesting subject
Thank you for giving both sides of the story on this subject. It’s all too easy to think of the benefits to yourself when making this choice, and not thinking about how it effects the cultures and the communities in which you are planning to settle.
some are adopting a frugal lifestyle, others have an opulent life. At the end, we all want an opulent life, live with like-minded people and with the best possible weather. That's the new dream all around the world, not just in US
99k subs Austin. WooHoo. 👍🎉
Almost to 100k! It's been a journey!
Living in America sucks these days
Be more specific why? I am from Finland and Scandinavia is not a bowl of roses either.
@@pia9343The funny thing is that everyone in the US thinks life in Scandinavia is a bowl of roses haha!
Thanks for the really check.
@@pia9343 its shallow materialistic cut throat depressing dystopian hellhole. take the worst traits of both the left wing and right wing and put them together. thats where we are at.
@pia9343, everything in America is a scam, crime is bad and our borders are open
@@pia9343 Well, it's fashionable these days to hate all whites especially white men. It's cool to despise anybody richer than you. The mob mentality is real. It's a war zone if you don't subscribe to all the newest ideas of wokeism. It definitely sucks ass.
I live in Bulgaria and here pack of cigarettes is 2.50 dollars and beer 2.3 litres is 1 dollar. Rent is 150 dollars. Cars are also affordable, gas is 1.50 dollars per litre. Salaries are very good also. One tractorist took about 3000 dollars per month.
In 5 years I will reach FI. I plan on traveling 6-8 weeks at a time so I can get the best of both worlds.
Taught English abroad in China and the benefits were exactly what you said. But another big negative factor you could add to this video is that was 10 years ago and my friends are still there because they can't come back to America since they didn't develop any skills to make above $30,000. Socially it's difficult to move back with your parents after you were so important and respected in another country, to be just a peon at home in America
I like that Austin covers the pros and cons and the impact to the host country. well said. moving to another country and settling down is no mean easy. there are so many things to consider, your family, citizenship, retirement plans, access to healthcare, what are you going to do there when you get old, like in your 70s / 80s / 90s... what is going to happen to all your possessions when you die in a foreign country, how would you be cremated when you die, who's going to take care of you when you get very ill and old in a foreign land... I know these questions are too far fetched but things to ponder.
You are right
I left communist Cuba 30 years ago and Im never going back, I love it in the USA, not perfect but full of possibilities, sometimes we don't appreciate what we have, I think we just need to learn to live below our means, and follow Agustin's advices, the USA is a beautiful country.
Just go back , please.
@@dennynisevic7848 why would he? South Florida is basically New Cuba
You just don't realize you are the next generation of wage slaves for the wealthy corporations, in time like my Portuguese culture you will figure it all out, those opportunities are just the carrot to make the horse to keep running but never quite attain success in the form of wealth, you may even get a little savings a little pension only to realize greed driven inflation consumes it far quicker than you ever wanted it too, and now in your old age your screwed, which was the elite wealthy company owners plan all along
Even here in the UK (which has similar economic problems to the ones you regularly talk about) we are seeing more and more US citizens relocate and build new lives in a variety of roles from working in petrol stations to being social workers or doctors.
The barbaric healthcare in the US alone is enough reason to flee
If I were to leave the US...I would consider Puerto Rico...family of origin or Mexico because I speak the language and its still close to the US but I can see not fitting in...
*were
Just like in cheaper countries, People moving to less expensive states and cashing out of their expensive states hurts the cheaper state too. Makes it impossible for the people originally living there. I lived in Idaho and all the Californians moving in with cash forced me out of affording the market. I had lived there over 35 years and could no longer afford housing.
Same thing in Lancaster, PA
You need to keep earning in US $ and you have to keep in mind that social services might not be up to standard, e.g. schools if you have children. Some locals may also try to take advantage of foreigners, and young men get fleeced very easily here where I live in Africa!
Good video, I like it (though I am from Europe)
Austin, this is great content in regards to living abroad. I am finding that African American Blacks are wanting this experience, and have shared it is lonely living abroad. Utmost, I feel my race may lose out on opportunities to return to the States. I would want to live in several places from time to time for an extended vacation, but never permanently. In the end, I would be afraid to give up my American birth rights. I am striving to live on less and become simple. Consumerism, racism, sexism and ageism all are social constraints all over the world. I just would rather be a Black African American in the US because I know what is what. Thanks Austin.
Dr. K
"2 and a half kids" loool 😂
A quick search of real estate in Costa Rica reveals it is pretty expensive to live in a luxury home in the jungle. $200k to over $1m just for a condo! I’m pretty sure every nice place on earth has been developed for the rich by now.
Lmao, I agree, for the last 7 years or so, I've been saying the American dream, is now a nightmare, not even planning to expand business there.
Good video but the reality is most jobs in the US are now hybrid and some are 5 days per week. Lot of companies are laying off remote workers so this may not be possible. The only true way to become a nomad is go into freelance where you are the boss and do anything you want. Remote jobs are getting harder and harder to find and I'm sure corporations want to make sure they have control over you. One way to do that is kill remote work so you cannot escape. Also lot of digital nomads are making roughly 20k to 25k per year which is still great for overseas and very few make over 50k or more.
Having the most powerful army of the world has its consequences...
My English dream; I’m 59 years old. Zero debt. Paid off mortgage. £700k assets. My flat and car you would find absurdly small but they suit me fine
It depends where you go. If you go to Asia you will never come back it’s more modern and vibrant than the West.
Look up George Carlin and the American Dream from 2005. George has been gone for a while, but he talked about the loss of the American Dream maybe even before this stand-up performance. It is as he said back then.
Yo El Augustine:
Can you visit Asia, like the Philippines.
Thank you and GOD Bless!!!
If you cant make it in a so called rich country, how do you expect to make it in a so called poor country where there are more people competing for a lot less resources.
I'm looking into northern Portugal to retire to.
Quit the ads
I got dual citizenship retired at 62 SSS $1,200 a month went to Palawan Philippines after 6 years living here 6 more Americans retired here simple life stress free......
30K year and i have a 30 years old car...🤦♂
The new American dream is easier for people with an ethnic background other than English unless you are fluent in another language. As a Khmer Canadian/American I would just snowbird spending fall & winter in Cambodia/Thailand and coming back to Canada or America in the summer. Never been happier being fluent in English, French & Khmer.
What are you saying after www? Can never understand.
As technology increases, so does the expectations to utilize technologies to produce more work in the same amout of time. Jobs now involve competing more tasks and more different tasks than before. The pay is not magified by the same proportion of increased productivity, but the profits are realized for the company owners and shareholders. Workers are against each other. Fellow citizens are against each other because of greed and lack of economic security.
Stress really does shorten your life. I'm so glad I don't live in the US anymore.
I have heard buzz a lot that the cost increases and gentrification of our favorite western hotspots for westerners has indeed pushed the prices up of everything that is more cost prohibitive for us and certainly for the locals.
Living somewhere other than the US may be appealing until actually getting there. Nothing would be the same as what an American is used to: there would need to be a major paradigm shift to get used to eating different foods, not having readily accessible public transportation or quality medical care, etc. There are cheaper states and cities to live in in the US that could be another option.
It's challenging for sure! There's no place like home!
@@ElAgustinHome is any place where, when you're there, you don't want to escape.
Are you saying there is no public transportation or quality medical care outside of the USA? Have you ever traveled outside of the US? Well, I have news for you my brainwashed American friend. Other than a few of the poorest countries, anywhere you go will have a better public public transportation and quality medical care for a fraction of the price you're brainwashed to pay in your "greatest" country in the world. Get some education please.
That's the issue few Americans can adapt less so than others as the US is so culturally isolated the majority have no goals bal perspective. And attempting to Americaize your new country will o only end in failure
There is no American dream. I own a pretty large gym. And I live in an extremely small trashy apartment. That I can barely afford. Day-by-day. I'm not even sure if I'm going to be able to afford my groceries. This should not be the type of life that Americans are living that are from here that are apparently supposed to have some grand life.. Especially since COVID, I've seen that people have become more tense and we have all become shorter financially and emotionally. I do travel quite regularly to other countries. In all honesty, the one reason I do is because I cannot afford hotels in America. I recently got back from Ecuador and they have homes there for $20000. I don't talk to my neighbors here in Arizona. So why the hell would I care? If I don't fit in, I never have and to me that's one of the main allewars of moving away. If I don't fit in here and you say I don't fit in there. Then why don't I live where I have a financially happier life? Anybody that hasn't traveled out there. You must get on it soon. You must go see the world for all its beauty and all its grandeur. America is extremely overrated. Don't give me wrong. I love many things about this country. But the fact that I can't go on the grocery store and get a basket full of groceries. Anymore is a horrible thing. I am on the road to saving to live in a country other that is sad. That so many americans want to leave but I completely understand why
I live in Hawaii and life is hard I can’t even afford to live independently even with a good job. I was considering living in Japan because out of all the developed countries, it is currently the cheapest with the yen being very weak against the dollar. The only problem is it’s really hard as a foreigner to get permanent residency in Japan especially since I won’t be working but would be living off my dividends generated from my personal savings which is more than enough to cover my cost of living there.
i really want to move to philippines when I retire. I met my soulmate their in December. shes an absolute stunning beauty and very funny personality. and it so cheap to live their. I noticed everyone seems happy with so little and the things u can do like ziplining. scuba diving etc is far cheaper than it is in the USA. I did a few of those things when I was on vacation. I cant wait to go back again.
Based on what you have explained, both for the individual and for the host country's sake...
While the 'New American /European Dream' might be beneficial to the individual, short-term:
Long-term, every country, East and West, should strive towards socio-economic balance;
Where one place may be 'just as good' to live in as another deemed worthier of emigraing to:
So people can travel the world to explore and learn from it; not to run away from a bad place.
I lived abroad and had the same feeling about not fit. People were good to me and stuff, but inside I was not feeling at home. It's a strange feeling. I am brazilian and lived in Portugal for 2 years. The country is good but I prefer my home.
Even though you have to adjust to other cultures it could allow you to see the world from a from point of view. In America you only see the American way of life and work
Most Americans have little to no clue of the world. Watch the news there and it's clear. It's very isolated from a global perspective
I’m living the American dream in South America. Having left the US I can live life on my own terms. As a matter of fact I was able to retire in my 50s. Any questions I’m happy to answer them. I’m paying forward for free and not in any business.
Everything you're saying basically proves that we shouldn't be calling "developed" "developed" anymore. Literally all of the problems you are numbering are problems most of the "third world" (another term I think is super outdated) has had for 100 years already. The lack of affordability, the crime, the stress, the having to work yourselves to death. You remove the advantage of the dollar and earn the same as a local for the same job and you'll see how North Americans and Western Europeans are starting to live similar to how people in developping (I mean second tiers, not like Burundi in Africa, I mean your Brazils and your Mexicos of the world) have been living for the past 100 years already.
I'm a USA citizen and a UMS resident. Benin is offering citizenship.
Once you get the job and relocate.......your employer cuts your pay. Have a job with a contract? Lucky you, that's usually not the case. And if you have a job with a contract, you're likely making a lot of money and don't need to move.
I agree with all of this. But, aren't developing countries dangerous for those of us who have resources, or are perceived to live well in another country, without working?
I don't think being a digital nomad as actually living in another country, but more as a perpetual tourist and visitor. When you live in country you speak the language, play a part in the community, have a job/career there, build a life, not work for American social media outlets and merely transplant your computer.
9:27 I think depends of the country here in Brazil is way more easier to get friends and start a new family. But you have to speak little of Portuguese. Some countries are more culture close, more shy, more individuals and you gonna feel lonely, Brazilians are not close and shy at all hahahaha
What do you think of the Dominican Republic, Austin? My family is from there and I’ve been there many times and was thinking of moving there in the future but I don’t know if I’m just romanticizing the idea.
I mean, I think it's a great short term experience to live in another country, but after a while it's can be exhausting and lose it's appeal. It's such an individual decision, but I think people are much more comfortable when they're surrounded by their own culture...if you have the privilege of making that decision out of choice.
@@ElAgustinculture ? America has culture ? Oh , yes how can we live without «understanding» why the poisonous fast food is not in sight or why the doctor visit can cause a bankruptcy?! It will be much more comfortable to get back into familiar rat race instead of becoming a part of another culture .
Hello ,
The answer to your question is No …why ? Go for a holiday ( be it a short or long stay ( day a year ) with or without family members, enjoy your stay . Hi oi can contribute yo your host countries economy and when you go back to your home country, just live within your means , keeping things simple , less stress and a better quality of life . A cost of living crisis is nonsense. It’s your choice…keep up with the Jones or screw that and keep up with your sanity !!! 👍🙏
Take care
It was dead before you and I were born, my man. The evidence of such just had become more and more evident.
I saw what you speak of about Mexico happen in Panama. Although my family is from there, I was born in the USA and the gentrification by others not born in Panama sickened me. I saw the indigenous with cups in their hands but too shy to ask for money but hoping you would put something in their cup.
Americans, Europeans and white South Africans flock to Boquete and now the indigenous and the locals cannot afford to live there or shop at all of the shops opened by foreigners.
I left after a year and am happier back in South Florida.
Remote work and RV
There's no place like home!live simply and ur done.
I feel like an outsider anywhere I go, different cultures don’t phase me