As an expat going on 30 years living in Bali, this gentleman is laying out some cool hard facts. Simply put Bali is for some but not for many. If you don't have a true desire to live there other than solely to make money, buy property and have tax vacation Bali is not for you. There are many other places in the world to do that. Many forget Bali is for the Balinese.
Bali is absolutely a paradise for surfes. Surfers would not say something like this as this guy saied. I really want to live in Bali as a Japanese surfer.
@@RintaroHikasa Don't be. Bali is dying and there's way too many people. Better start learning Indonesian and try aiming to live in Mentawai Islands in South Sumatera or Eastern part of the country like in Kupang, Rote, or better yet Raja Ampat Everything is cheap, you'll get to live the stressed-free life, and most of all the nature is still pristine
The leasehold land is something as Indonesian that I am thankful for. We keep our land for our people to keep rich foreigners from owning. We definitely aim to keep the land to ourselves, I guess we’re traumatized from being colonized for three centuries.
I am going to retire in Bali and it is my vibe. That said, I totally enjoyed and appreciated your perspective; I wish more people were so honest and clear and unabashed about their own situation. I agree completely about the good vibes only thing. Thank you for this!!!
I am from Korea and Ive Compared Phuket and Bali, for me Phuket or some Places in Thailand including Chiang Mai (I am getting bored there very fast) there are more Sex Attractions and Old White peoples comapares to Bali, in Bali there are so many young generation from around the World, Even from Asian Countries like Japan And China, and they are very creative peoples, Bali Probably lack in Infrastructures but the peoples are Amazing, not only The Local, but also the Tourist and Foreigners, even in South Korea we arent having kinda of this place like Bali (melting Pot), in Thailand or Vietnam i mostly seen Older generation, or just Backpackers, for me personally i dont mind about sidewalk, or beaches in changgu are awful because sometimes every week i travel with my friend from around the world in Bali to Explore Lombok, Gili Island or Komodo Island and having Great time for relaxing, since the beginning i am not expecting Bali or Changgu especially to be perfect but what i want is the place that make me busy and do so many stuff and Bali has That, Uluwatu, Ubud, Changgu, Kintamani, Gili Island, Lombok, all those place i can explore and i just wanna say every places are uniqe and way more Beautiful compare that you have seen in Thailand or Vietnam maybe, that is my Opinion i still like Bali withe their amazing Beach Club and villas
Exactly, just think about it ... you lived in a country with 2 millions square km of lands, and 7.5 millions square km of seas and only been in BALIII .... which only cover around 0.01%. Bruuuuh ..
Bali...itu potensinya besar. KL mah udah gitu2 aja. Dan indonesia itu luas...om. anda keliru berbicara soal indonesia. Keanekaragamannya besar. Di banding asia tenggara lainnya.
@@genbin1911 tp budaya bali yg paling bs menerima berbagai kebudayaan org asing selain thailand mknya kl budaya lokal yg agak ketat, bule2 malas masuk sperti dlm berpakaian dan alkohol.
Everybody has different priorities and preferences. That's what makes the world interesting. It also keeps us from all wanting to live in the same place.
Bali is a great holiday destination. Kuala Lumpur is the place if you plan to live for long term.High percentage of English speaking population, Malay, Chinese, Indian, Mamak, Arab foods and low cost of living, public transport & rent.
KL seems to be the place for old retired or engaged people. If you're single better in Bali. Also if you live anywhere long term better learn the language it gives you respect to speak bhs malayu
KL (and Malaysia in general) aren't a safe place to reside by any means lol. Wealth inequality is rampant, fragile to race conflicts, and the system is quite racist. Unless you're a Malay or a Muslim, you're dead
I spent three months in Bali, and while it’s a beautiful place - that “good vibes only” rant is spot on what put me off. I loved visiting, but I can’t imagine living in that vibe
Bali could work for someone who's a high earning, highly motivated remote worker or a startup founder who has a remote team. Having a sense of peace and an almost nostalgic normalcy when you finally log off for the day is great. For doing business locally...not so much
Bali is considered cheap for foreigners than most popular cities in the world. And market there tailored for tourists so it's easy for them to spend something.
I live in Bali happily since several years and I can say Indonesians are in percentage terms friendlier than Malaysians and Singaporeans when talking to strangers. The positive vibes are NOT restricting "being who you are" as you should never let bad emotions out on other people anyway. That focus on positivity only had benefits so far for me and i don't see anything bad about it. It is not extreme too. Now coming to visas and owning property, yes, you have a point there when investing privately without a company registered there it is restricted to leasehold but that makes sense. If you are married though or register a company you can own land. And visas are not really available for nomads, they announced new visa types for second homeowners but the implementation is still missing. Opening bank accounts without residency is easy. Cost of real estate and living is definitely high in good locations but what do you expect in a top 5 tourism destination world-wide. B areas are still relatively cheap to invest. I invest in ecological real estate with my indonesian partner and have made very good experiences and some obstacles but overall it is very easy and fast to do business there. I agree with you that there are not that many VERY successful business people there as in big cities, however, your channel is called nomad capitalist. So as a nomad you are naturally not living permanently in one place as you would be an expatriate then, sooo as you are constantly changing your place it is not a big deal as you can meet people when you are in other places/cities and don't need the network of your rich friends in Bali. When building a business the possible network is smaller as it is an island that's clear. But as "real nomads" it shouldn't matter much. Safety in general is a big benefit in Indonesia especially Hindu Bali, friendliness is superior in the whole Southeast Asia (Philippines are close), no Muslim Muezzin call early morning. Tourism infrastracture is mediocre, traffic is bad in some parts but it depends where you are and time of the day same as in Bangkok and New York for example. They built a street on top of the water which helped a bit. Overall I can say most important are the people you know and your individual preferences anywhere you go in the world. It is individually different for everybody.
If people do you wrong you should give them your bad vibes. Maybe your good vibes are bad vibes for other people. If the land is in name of your Indonesian partner obviously you don't own the land and need to be ready to give it up to the partner if feelings change. Besides that agree with your comment Mr Julian
Andrew's definition of "good vibes" is the most accurate description I've heard to date. Who can I bribe to get this definition into the Oxford English dictionary?
Do you research properly. You can easily open a bank account in Indonesia with some banks (not all) with B211 visas. I have one. You don't have to pay rent in cash. You can always use Wise or other payment services. To a get business visa just pay $300-500 USD to an agent it will get you 6 months visa which you can extend without leaving the country. Because you are not getting any business from bali doesn't mean you should provide false information by highlighting cons of any place. Every place has pros and cons.
I'm 6 years in Bali now. I've had a good run. But the things that will force me out of here in the not too distant future are the lack of freehold property, the pollution and the dogsh*t everywhere.
@@VoiceOfThe Lombok, much better beach and it's a lot quieter than Bali. But I support government restrictions on property for foreigners, I don't want to see Bali turns into Hawaii. If it's only a small percentage of the land then it is fine, but the majority of the land belongs to the natives 😀
Well dog shit is aplenty in new york too lol. It is a nice place like phuket for vacation. Not for investment or long term living. Yeah there are many westerners there but look carefully, those are solo travellers or couples mostly. Probably majority australians. If you ask me, i think infrastructure is not up to standard. Waste management is below average.
Better start learning Indonesian then and moved next door to Timor islands, around Kupang and Rote. Prices there are cheaper and the natural landscape is still pristine
I have lived in Bali now for 3years and not a bad place to hang out whilst the world goes crazy... I agree the people are lovely and the vibe is happy, riding your scooter around is fun, and there are lots of adventures to be had... living a digital nomad lifestyle, with good internet speeds and getting an online business to thrive works in Bali...however the water and beaches are polluted, it is relatively dirty, hygiene not great, msg everywhere, visas complicated and you are not really secure... I also agree that although attractive on the surface, buying or building a home in Bali is wrought with problems... first as mentioned the leasehold thing (not a great long-term investment) and then the build quality is poor, similar to China, cutting corners, cheap materials and unskilled labour... I love the beach lifestyle but also sophistication and adventure... I am open to hearing where you would choose to live in the world... been watching Andrew for a while now, love your videos, please keep them coming...I hope to be a client soon...
Agree.. Bali is being overrated, overpolluted and crowded.. There are commotions between visitors and locals, traffic jams, local scammers and the geographical earthquake, active, volcanoes and tsunami..
Bali is not always for making money mate (100 mil. or trilion dollar) materialistic oriented 😂 its a place for rest and peaceful with nature (beach, mountain and culture in one plate
Yes, I don't understand these Anglos, wherever they are they just want to flip real estate and find more ways to stash money and speculate, instead of learning how to actually enjoy life. For example in Bali learn a bit of Hindu wisdom and ecological lifestyle instead of constantly worrying about under which corporate structure to hold your concrete cube villa with pool... LMFAO
I'm Singaporean/Thai girl (by ethnicity on my dad's side) who was born in Indonesia and having spent some of my childhood yrs there, based on my very personal experience of living in Java Island (The West Part), i'd gone through many painful things like being sexually harassed, bullied by my most of indonesian school friends, dealt with family problems, and yeah not to mention the religion fanaticsm plus regionalism (or better i refer to this as 'Ethnocentrism') are on a whole new level. I remembered visiting a small town whose most of its populations spoke a provincial dialect and i was strolling around a local neighborhood to buy stuff/grocery-shop. When i tried to strike up a conversation in Indonesian with the seller, all eyes were on me! I got weird, kinda disgusting stares from the locals as if they've never heard of the national language, despite being Indonesian themselves. I was wondering why they treated the outsiders differently and this was a subtle form of being intimidated, i mean, that area is in fact still part of Indonesia and people should tone down their close or resistant attitudes towards everything that they aren't used to getting exposed to.. they are somehow indonesian too but they “emphasize” their identity more on their provincial or specific ethnic groups they belong to, rather than identify themselves with their nationality , i wish they could be as comfortable with sticking to indonesian while interacting with the outsiders as conversing in their own lingo only to their fellow countrymen..my stay was temporary and that area's local dialect is associated with abuses i endured as a lil kid so, i dont feel the need to fully fit in to the indonesian society on that expected deeper level. On top of this, Indonesia has gotten a lot of pros worth paying attention to, especially when it comes to a sense of community, the locals could be so angelic and friendly to complete strangers and if you're fortunate enough, they'd invite you to eat together in an open space , like at a small hut in the middle of the rice field while you can enjoy the breathtaking view of your surroundings.
I LOVE the authenticity and honesty. Especially of your opinion and experience. You painted the picture of different experiences and for those that want that experience in Bali, at least they know both sides of the coin. My cousin said she preferred The Philippines over Bali any day or Thailand. I’m glad she also shared her honest opinion. I’ll still consider Bali to see for myself, but will look into surrounding countries, as well.
I think every person or single livin being has their own opinion n how they facing different situation im from moscow n ive been in thailand Vietnam n philippines but ima be honest bali is my best place to find my Zen, the people in bali is quite different from the rest of asean people, n also the culture is still thick that's why i already livin in bali for almost 5 years, back to back from moscow, n now im still on finishing kitas for my identity who want to be indonesia citizen, sorry for my broken English spasibo
We can take points from consultants and do own survey what suits the personality of a person. Example Philippines is an English speaking nation , thais and indonesians are not. So it suited your cousin well in that sense. An American lady who is a certified therapist once told me she wanted to create a location vs personality profile and post on UA-cam.
@@putraoktavian6715 Bali is overrated.. overpolluted dirty with garbage and vehicle smoke and also crowded.. Active volcanoes, earthquake and tsunami.. traffic jams and many scammers.. Phuket is better..
Tried Bali and didn't like it, agree with everything Andrew has said, it's not the place to go if you want to build a big business it's the place to go if you want to get drunk and high whilst running a digital agency from your laptop IMO
yeah i appreciate your opinion too, like Bali was never intended for big business place. You want to do that, go to Jakarta, but i doubt that you'll like it since there are too many people and it's dirty megapolitan city although some sectors and places are improved a lot.
Westerner go there for "nature". But as you found out beaches are polluted, traffic is bad. And sea is rough, children may not be able to swim. More for singles or couples from Western countries.
Malaysia USED to be open to foreigners but not anymore. The new MM2H/S-MM2H rules make it impossible for the average person to stay longer than the tourist visa. Certainly not retirees, students or digital nomads on a budget. Plus they tried to enforce the stricter requirements on people who already held residence visas, even those who bought property and invested in starting businesses. Too bad because it's a wonderful country but one that can't be trusted to honor its policies.
Even i started to see some people who don't know that Malaysia exist, so sad even we Indonesian envy them because they're more worldly recognized than us due to Petronas Tower and rest of KL city. Things changed, political crisis and corruption in Malaysia changed everything.
It appears that Malaysia is restructuring its visa policy for foreigners. There is now : 1)The existing MMH2 program which has significantly gone up in price ( for rich retirees ) 2) The MMH2 ( Sarawak ) which has largely retained its previous structure and cost ( for retirees ) 3) The new so called “ premium visa program “ to attract new ultra rich foreigners and 4) A little know and yet to be launched digital nomad visa that cost Malaysian Ringgit 1000 , which is valid for 1 year.
I lived in Malaysia. Now, I only have a rental unit there. It is a hassle. I decided not to invest in Malaysia as a permanent resident. However, It was a life changing experience. Malaysia teaches you how to relax and accept a laid back lifestyle. the shopping is great. For those who are totally stressed and looking for a diverse Asian experience. It's very a multi-cultural experience.
Its lush and busy in KL, but Im not a fan of the malay/muslim culture that rules there. Thats why the ownership is restricted in these countries anyway, because islam is on top by design, everything else is secondary. The last time I was at KL airport there was a woman in a black gulf state niqab running through the airport, I turned to my wife and said: 'never do that in a western airport'...lol. Their priorities are split between money and islam, the Najib trial being a good example...so you could never rely upon it. I agree that it was easy as hell as an Aussie to pass through, getting into malaysia was only marginally more difficult than flying domestic in Australia, but id never even want to buy land there, or live there.
I remember a young Australian schoolies who got fatally electrocuted from exposed shop wires while walking on the ragged walkways. Scooters can be a death trap. The rule of law is not necessarily applied fairly and leasing property is a minefield. When sold up from under you. Great for a visit but not visa friendly and I have given up waiting for it to become more welcoming to investors.
Andrew doesn't get it cause he doesn't surf. The beaches aren't that good but the waves are epic. Plus there are a lot of creatives in small islands like Bali and Siargao Philippines that u don't find in cities like KL or Singapore.
@@GabrielDiggs Canggu is still better than Phuket, no sex tourists or those type of bars like Phuket just attractive young people from around the world in Bali.
@@GabrielDiggs phuket is more disgusting than canggu..women are sold cheap..sex is offered on the streets..is there any moral in thailand?? sex hawkers and lady boys offering on the streets and the numbers are fantastic..phuket is not suitable for families.
Bali is for younger nomads (at their 20s) who love adventures and colors. Older people usually prefer less colorful and well established place in the city like Bangkok or Ho Chi Minh City. However Bali is great for retirement age of 50s and 60s....But if you are in your 30s and 40s or having families and kids, there are better places since by that age you should have established a well-run business and NOT in the seeking new crazy fresh idea anymore. But if you are still in the "brainstorming" process of establishing your business, Bali is the better choice hands down.
People coming to Bali to 'make money' have ruined the island. They have driven up house prices to a level where young people can no longer afford them and destabilised the economy by employing them for short term, insecure low level tasks which pay more in the short term than carving or farming but which evaporate as soon as they arrive. Personally I find KL a dry and soulless place devoid of 'spirit', and yes, I have spent time with local people who were dear friends. I'm glad this human doesn't want to live here, there are too many of his kind here already.
In a future video, can you elaborate on why you have been softening on Bangkok lately? Maybe compare and contrast your earlier experiences to your most recent ones there.
I have been around the world, mostly Asia and Europe, and Bali is probably the best place I have visited. I don't understand why you are so negative. Also, no place to walk? Are you kidding me? I walk around 20km a day when I am there. Mauritius is dead compared to Bali. I would also love to know what luxuries you subscribe to that are not available in Bali.
Park yourself in Bangkok, KL or even Singapore for your biz, where there are good biz vibes. My Bali driver, much as he craves efficiency, won't trade his Bali life of lush green rice fields, black sand surf beaches, religious festivals for a concrete jungle.
Your "Good Vibes Only" spoof was a riot, Andrew! Very funny, yet you uncovered something real and quirky about human nature, the fragility of personality, and how people react to one another in different venues. While I enjoy your content, it seems living a nomad capitalist lifestyle would cause you to constantly interact with one bureaucracy after another in far-flung jurisdictions worldwide. Seems like this would be very frustrating, making it a real challenge to enjoy walking around and enjoying the pleasant smells, the ducks, and the sounds of a place -- while having to think about juggling shifting bureaucratic landscapes. But that’s why you have wisely chosen to dispense with monthly payments and renting. Makes good sense. But is this enough to give you some peace?
you're misinformed: 1. Just get a business visa for small money and stay forever. The agent will do everything. you don't need to come on a VOA 2. You can open a bank account in less than a day It isn't your vibe and that's because you're too snobby for Bali haha
Andrew, I am living in Phuket currently and I totally understand what you're saying about the good vibes thing here and it really feels like a very lazy place that doesn't coincide with my ambition.
Good points, I’m considering moving there. Their are different types of nomads, some are business focused like yourself, and some are cultural or spiritually inspired, I guess it’s what you prioritize in your life will dictate what place suits you best..
I think you can open a Penaman Model Asing (PMA) Company, which can be 100% controlled by foreigners. Through this entity you can buy property in Indonesia. The only catch is you can not sit on undeveloped land. So I would assume the plan would be to continuously grow your property portfolio in Bali.
I agree to disagree. Lets keep the "Good Vibe only" stay in the big cities like KL. I like Bali as it is, not too many high rises and big businesses, it is just a special place, one of the best places for Scuba Diving.
I just finished touring Panama, and I felt the same way about is as you do about Bali. “Good Vibes Only” signs everywhere On my way to check out Thailand and Malaysia as possible new home
Amongst the 'downsides' of Bali he misses an important point. Traffic. (And I say this as someone based out of Bangkok and who has visited Bali about a month ago.) It starts at passport entry (no business class preferential entry point) and a 1.5 hour wait. Then traffic is seriously a total nightmare - over 2 hours to get to Ubud and once in Ubud often 45 minutes to an hour to get to a restaurant 3-5km away... It is so bad I think it makes the island unlivable...
from the airport to ubud, the distance is almost 40 km and normal conditions can take 1.5 hours ... and I also go to visit singapore when it's busy it can take 2 hours to get out of changi airport.. Bali receives visits from 10 thousand to 30 thousand people per day...for a 3.5 km 1 hour restaurant is a hoax..i know you are a thailand youtuber..but try to compare the traffic in bangkok with bali and try to come to bali then compare with bangkok thailand which is more jammed...than you can talk
@@bungelonlevel2862 I personally think the traffic is worse in Bali (have been several times and once post covid than Bangkok )(lived here over 20 years.) But we are setting the bar rather low here comparing traffic in a resort island to one of the largest capital cities with a reputation for rubbish traffic. If '1.5 hours for 40km' floats your boat on a resort island then great. As you rightly point out Bali now has far more visitors than its infrastructure can cope with. We are not discussing whether Bali's traffic is terrible.. just how terrible...
Bali is overrated… Especially that Canggu…What’s worth it us inlands, up north. But there you’ll bump in plethora of all kind of problems… Good net, decent dentist…etc… I just finalizing my unlimited permanent stay permit and me and my wife then are moving out of Bali. I have been here 10+ years… It just became too much of a hassle… Leaseholds getting very tricky because of wild development with no rules… Homes in quiet areas getting into slum in 2-3 year period…Kuta, Seminyak all south went down the drain… Noise pollution, water pollution, air pollution… You need to move out every 2 years more toward north-west to gave piece of sleep… But infrastructure don’t follow … Meaning rural traffic jams…(far worse than in a city) And what’s worrisome is … food quality degraded significantly… Vendors cutting corners everywhere… And control is non existent… Only good thing is the people vibe/ culture.. and influx of all kind of young and old from around the globe…South Bali and around Denpasar is turning more and more into Jakarta vibe. Ultra rich who have all and ultra poor… Everyone trying to monetize on everything…From beach entrance fees to parking motorbike in-front whatever… Not about the money, as that feeling of being moving ATM all the time…
I can totally understand your points and reasons. My Indonesian partner and me also like to stay in europe during the summer and moved to quieter areas of Bali. The construction and traffic can be annoying but it's not only in Bali. Noise pollution is there in every big Asian village which all have loads of noisy bikes you just need to invest in european-quality Windows that are sound-proof. For Food you need trusted Restaurants and Cook at home or eat nasi goreng etc street Food which is Fried so safe to eat. Overall Bali is clearly not perfect but you have so much nature a few hours away, places like Raja ampat, lombok, Islands, komodo and Australia not far which I like and Low taxes, international people, good Internet, but all year round living there can get a bit boring or "loud" depending where you live but it's similar in other cities and try to get a good dentist in rural Thailand... I have just been to Kuala Lumpur and river water pollution is still there, while tge traffic system is great, you can't get online Taxis sometimes too because of the demand. And people are not as friendly as in Indonesia (as far as I noticed)
I have been living between Bali and Jakarta for 13 years and I could say a lot but won't. I will say, do not trust the legal system or contracts in Indonesia. It is all hunky dorey until it isn't. Thankfully I haven't had major problems but know many that do.
For vacationing honestly instead of Bali I prefer Lombok or the Gili Islands. Much better beaches and not getting “hey mister”’d every 5 steps to buy something
In all my Intl travels - Bali (the interior not the coast lousy with Aussie surfers) was the ONLY place I would consider retiring to (if not dying for those great Hindu funerals) but only for the Spirt/Mind… 😏
Thank you very much Andrew for the opinion.By watching your video,now I understand that there are different point of view.If we are talking about the waves,the view and the vibes bali is the place.But when we talk about permanent visa,tax system and land leasehold system then Bali is not as opened as Malaysia and Singapore
Bali is safe and the nature experience is a dream, after living in NY and Paris. But the lack of infrastructure in Bali makes walking around difficult. It's also not very interesting to explore on foot, like it is in NY and Paris. There are definitely low key, luxury resorts in Bali, with the lifestyle and quality that Andrew enjoys. These places are fully staffed and provide a buffer from the 'good vibes=irresponsibility' attitude. I haven't shed my workaholic NY frame of mind 100%, so I can relate. Although I always feel overdressed in Bali, I'd feel too casual dressed the same way in NY, Paris, or Rome. I'm only in Bali 2 months at a time, and although it's magical, I'm always grateful to travel to a city afterwards. Bali air quality usually stays in the 'green' zone, and is far better than in Bangkok, Chiang Mai or Kuala Lumpur. Unfortunately as a female, I feel unsafe in KL.
@1x0x I guess it's the vast amount of indian/bangladesh/western countries immigrants there as far as I have seen they go around in groups of men and are not as reserved as muslim malaysian/people
Bali is good for partying peoples & surfers. If you love natures & beautiful beaches..most of South East Asia countries other than Indonesia have nice beaches & beautiful natures too especially Philippines, Thailand, Vietnam & Malaysia (especially Sabah in part of Borneo).
Ameen, I personally hope more people have a good vibe like you and just realize Bali is 'only' for traveling. Let's make other place capitalized and give up bring capitalist to Bali🙏🙏
If all of Indonesia were run like Bali, I would be living in one of the other many, beautiful, less over touristed islands. This country had so much potiental. The hindu know how to make a great indonesia experience. One island not enough.
That would be boring... in Indonesia there are places for tourism, places for mining and Industries, Places for business, food estates, agricultures, etc... very diverse, and better be separated from tourist area. Even the type of tourism also diverse for various type of tourists.. ie volcanoes, rain forests, safari, indigenous/ancient tribes, island hopping, spear fishing, surfing, ghost hunting, etc. If all places run as tourist destinations like in Bali, that would be boring.. it's also about privacy for the locals. Even in Bali there are places that kept hidden from tourists.
Well different islands have different priorities, not every Indonesian people want to take their islands as a touristic spot and some of them prefer their islands for other economic purposes. They just have different visions and dreams for their places.
As an Indonesian, I am really against that Idea... One Bali for our country is enough or even way too many. If all of country was run like Bali, our country would be collapsing into ruin when the next pandemic comes (and it sure will come). Tourism is great as a way to promote a country. BUT, if such country is as big as Indonesia with diversed 270 million inhabitants. It would be crazy idea to put all of our breads into single basket. Yes it is good way to reduce unemployment, but it is not sustainable.
the good vibes part is so true. a lot of extreme tree hugger types there in Bali now its sick. Mostly vegans who shit on the local cuisine because meat
Yeah... He definitely wouldn't fit in. He is an outcast here, and if you are anything like this guy... Don't move here. Stay in your room and rent girls.
Aussies love it. Direct flights from most major capital cities, you are one flight away from friends and family who need a good excuse to stay at your place for free accommodation. Bali is a big deal for many Aussies.
i have been living in Bali on and off for 3 years now, fun fact, now the rent in popular areas is going more expensive than Amsterdam or barcelona, lol, the landlord is asking you to pay 2-3 years upfront too. land price seem more than california,. 😂
Andrew, thank YOU exactly to your point about the laidback too much and the people who are there are probably not doing 8,9 figures. I thought it was very interesting how you said that people would hit the 7 figure mark and then be in Bali and retract. From what my research has shown me it doesnt have the ambition and drive to hit 7,8,9 figure businesses. A beautiful destination for a vacation but as I have been looking for a base where I will be surrounded by people that are more accomplished then me and are a circle that I can truly push myself to greatness around, Bali won't be a long term fit.
You can buy freehold in Bali through a company you create there for couple of thousands. Yes, theoretically you do have to present a business plan that will lead some day to 600k capital, but in the mean time you automatically get a longterm visa for 3000 dollar fee for starting the company. Not to mention that if you really want to live there, after 3 years you can get permanent residency. Maybe those are some of the recent changes, I don't know? I'm surprised that a company that is professionally involved in knowing such things doesn't know these facts.
@@danfreeman7151 PTPMA. No Indonesian ownership is required. It does need to have 2 owners minimum, but they can both be foreigners. It does also need to have an Indonesian CEO/director.
Indonesia is a Muslim Country with no rule of law and poor. Malaysia is also a Muslim Country but a former British Colony so there is some semblance of law and better run. The only place a foreigner can live in , do business have a bank account with very little corruption is Singapore....but it's expensive. Hong Kong was the best, it is now finished kaput. I worked there for 5 years but China has destroyed it.
You are very accurate about Bali. It is not tax friendly of course. It has abundance of natural resources. However it chooses to tax individuals not counting on resources for revenue unlike most other similar countries. Sales tax is 11% now, other tax is similar to developed countries and bank accounts are open book for tax man. It gives very little back to taxpayers for the tax it is taken. The infrastructure around Bali is not comfortable with small and jammed roads everywhere. Not worth it as you said. Many Europeans stays there just to avoid winter in their countries.
Big changes pending in Bali and Indonesia come November. A shift precipitated by massive Chinese investment ans a change in tourist visas effecting all of Indonesia but Bali in particular.
Bali still has stupid covid restrictions, won't be going anytime soon. Much better places to visit in the area without covid restrictions...... New Caledonia, Tahiti, Tonga, Fiji
Many of you who are anti Covid 19 vaccines have already died.they regretted their decisions not to be vaccinated,prior to their demise.hope you are next!
Im Balinese and its good that Bali is not in your list because in fact Bali is Not For Sale. Its a sacred place where the only Hindu folks escape Islamist in Java. Bali consist of many villages, its not designed for cruises and overtourism. Aussies what makes Bali looks white. Bali is appealing for Aussies because its closer to them, its their gate to the outer world. Bali is not for goldminer, but its a place to contemplate, that not all that glitter are gold. Lets keep it that way, because i believe the balance of the World depends on the balance of Bali.
100 richest people in the world, 2 people are Indonesians.. while he lives in Kuala Lumpur, Malaysia, not a single Malaysian citizen is included in the 100 richest people in the world..
@@bungelonlevel2862 Inequality in Indonesia: millions kept in poverty. In the past two decades, the gap between the richest and the rest in Indonesia has grown faster than in any other country in South-East Asia.
@@junnaui5525 You say millions of Indonesians are poor?? Indonesian people don't want to show their wealth, even though they live in a simple house, they still have rice fields and fields to grow vegetables and have a large area of land and not installment bank.. While you in Malaysia you live in an apartment cage. Even then you owe money from the bank to buy an apartment.. your apartment is still bank installments..you are poorer than Indonesians
@@junnaui5525 I'll see at the end of the year when America raises bank interest rates..just look at those who have debts in the bank crying to pay...after this there has been a massive reset in property...
I’m in Canggu right now. Bali has traffic and infrasctructure problems that make me question come here again. But I love nature vibe, thats why my lovable Thailand is my winner so far. I will check Singapore soon and may change my mind 😂
Let’s face it , Andrew doesn’t fit in with the canggu crowd at all lol I think we aren’t comparing apples to apples here. Nowhere in asia allows you to buy freehold land ?? Buying condo in Malaysia? You gotta be kidding me What luxury are you talking about ?
@@nancyguo01 Investor / Business Manager visa, and in most cases, it is required to register a company with at least 5 millions yen capital before you can apply for the visa. Definitely talk to an immigration expert.😅
Please do a video on Sri Lanka if you can please. They've opened Golden Visa scheme but not sure due to the current economic turmoil they are going through.
I hope this video will reach the Indonesian government, especially President Joko Widodo so that he can fix the tax and immigration issues for (prospective investors) foreigners who come to the country.
As an expat going on 30 years living in Bali, this gentleman is laying out some cool hard facts. Simply put Bali is for some but not for many. If you don't have a true desire to live there other than solely to make money, buy property and have tax vacation Bali is not for you. There are many other places in the world to do that.
Many forget Bali is for the Balinese.
Word
Bali is absolutely a paradise for surfes. Surfers would not say something like this as this guy saied.
I really want to live in Bali as a Japanese surfer.
@@RintaroHikasa Many people think of surfers like they think of backpackers : undesirables in their community.
Now Bali for foreigner from 1st world country to make money ...so baliness no job because their job taking by foreigner from the 1st world county😅
@@RintaroHikasa Don't be. Bali is dying and there's way too many people. Better start learning Indonesian and try aiming to live in Mentawai Islands in South Sumatera or Eastern part of the country like in Kupang, Rote, or better yet Raja Ampat
Everything is cheap, you'll get to live the stressed-free life, and most of all the nature is still pristine
The leasehold land is something as Indonesian that I am thankful for. We keep our land for our people to keep rich foreigners from owning. We definitely aim to keep the land to ourselves, I guess we’re traumatized from being colonized for three centuries.
Definitely good that the land is not being sold off to rich foreigners
@jiaheung4628
I agree with you, I am from jamaica and the leaders are selling everything to the highest bidder.
West Papua and Maluku wish they could escape the colonisers that are traumatising them right now... Papua Merdeka!
I am going to retire in Bali and it is my vibe. That said, I totally enjoyed and appreciated your perspective; I wish more people were so honest and clear and unabashed about their own situation. I agree completely about the good vibes only thing. Thank you for this!!!
I am from Korea and Ive Compared Phuket and Bali, for me Phuket or some Places in Thailand including Chiang Mai (I am getting bored there very fast) there are more Sex Attractions and Old White peoples comapares to Bali, in Bali there are so many young generation from around the World, Even from Asian Countries like Japan And China, and they are very creative peoples, Bali Probably lack in Infrastructures but the peoples are Amazing, not only The Local, but also the Tourist and Foreigners, even in South Korea we arent having kinda of this place like Bali (melting Pot), in Thailand or Vietnam i mostly seen Older generation, or just Backpackers, for me personally i dont mind about sidewalk, or beaches in changgu are awful because sometimes every week i travel with my friend from around the world in Bali to Explore Lombok, Gili Island or Komodo Island and having Great time for relaxing, since the beginning i am not expecting Bali or Changgu especially to be perfect but what i want is the place that make me busy and do so many stuff and Bali has That, Uluwatu, Ubud, Changgu, Kintamani, Gili Island, Lombok, all those place i can explore and i just wanna say every places are uniqe and way more Beautiful compare that you have seen in Thailand or Vietnam maybe, that is my Opinion i still like Bali withe their amazing Beach Club and villas
Exactly, just think about it ...
you lived in a country with 2 millions square km of lands, and 7.5 millions square km of seas and only been in BALIII .... which only cover around 0.01%. Bruuuuh ..
Bali...itu potensinya besar. KL mah udah gitu2 aja. Dan indonesia itu luas...om. anda keliru berbicara soal indonesia. Keanekaragamannya besar. Di banding asia tenggara lainnya.
Agreed with that thought and positive comment
@@genbin1911 tp budaya bali yg paling bs menerima berbagai kebudayaan org asing selain thailand mknya kl budaya lokal yg agak ketat, bule2 malas masuk sperti dlm berpakaian dan alkohol.
Indo more diversity .no be boring when we are explore indonesia bcz indonesia has so many beautiful place
Everybody has different priorities and preferences. That's what makes the world interesting. It also keeps us from all wanting to live in the same place.
Agree Sir..👍👍👍👍❤
Well said sir
Bali is a great holiday destination. Kuala Lumpur is the place if you plan to live for long term.High percentage of English speaking population, Malay, Chinese, Indian, Mamak, Arab foods and low cost of living, public transport & rent.
Kualalumpur is capital city in malaysia, jakarta is capital city in indonesia, and bali island is provice in indonesia,
KL seems to be the place for old retired or engaged people. If you're single better in Bali. Also if you live anywhere long term better learn the language it gives you respect to speak bhs malayu
KL (and Malaysia in general) aren't a safe place to reside by any means lol. Wealth inequality is rampant, fragile to race conflicts, and the system is quite racist. Unless you're a Malay or a Muslim, you're dead
I spent three months in Bali, and while it’s a beautiful place - that “good vibes only” rant is spot on what put me off. I loved visiting, but I can’t imagine living in that vibe
You don't want good vibes?
@erickonassis6310 always good vibes is like a smiling Cheshire cat.... a fake facade
That’s because you’re full of bad vibes and enjoy it.
There are plenty of ruzzianz in Bali with whom you can have those.
Bali could work for someone who's a high earning, highly motivated remote worker or a startup founder who has a remote team. Having a sense of peace and an almost nostalgic normalcy when you finally log off for the day is great. For doing business locally...not so much
Bali is considered cheap for foreigners than most popular cities in the world. And market there tailored for tourists so it's easy for them to spend something.
actually bali not far from langkawi for points and reason. Eventho bali were more facinating in terms of natural view
That’s it. I love it for that reason. It’s a useful contrast
I live in Bali happily since several years and I can say Indonesians are in percentage terms friendlier than Malaysians and Singaporeans when talking to strangers. The positive vibes are NOT restricting "being who you are" as you should never let bad emotions out on other people anyway. That focus on positivity only had benefits so far for me and i don't see anything bad about it. It is not extreme too.
Now coming to visas and owning property, yes, you have a point there when investing privately without a company registered there it is restricted to leasehold but that makes sense. If you are married though or register a company you can own land.
And visas are not really available for nomads, they announced new visa types for second homeowners but the implementation is still missing.
Opening bank accounts without residency is easy. Cost of real estate and living is definitely high in good locations but what do you expect in a top 5 tourism destination world-wide. B areas are still relatively cheap to invest.
I invest in ecological real estate with my indonesian partner and have made very good experiences and some obstacles but overall it is very easy and fast to do business there.
I agree with you that there are not that many VERY successful business people there as in big cities, however, your channel is called nomad capitalist. So as a nomad you are naturally not living permanently in one place as you would be an expatriate then, sooo as you are constantly changing your place it is not a big deal as you can meet people when you are in other places/cities and don't need the network of your rich friends in Bali. When building a business the possible network is smaller as it is an island that's clear. But as "real nomads" it shouldn't matter much.
Safety in general is a big benefit in Indonesia especially Hindu Bali, friendliness is superior in the whole Southeast Asia (Philippines are close), no Muslim Muezzin call early morning.
Tourism infrastracture is mediocre, traffic is bad in some parts but it depends where you are and time of the day same as in Bangkok and New York for example.
They built a street on top of the water which helped a bit.
Overall I can say most important are the people you know and your individual preferences anywhere you go in the world. It is individually different for everybody.
If people do you wrong you should give them your bad vibes. Maybe your good vibes are bad vibes for other people.
If the land is in name of your Indonesian partner obviously you don't own the land and need to be ready to give it up to the partner if feelings change.
Besides that agree with your comment Mr Julian
Andrew's definition of "good vibes" is the most accurate description I've heard to date. Who can I bribe to get this definition into the Oxford English dictionary?
True story!
Do you research properly.
You can easily open a bank account in Indonesia with some banks (not all) with B211 visas. I have one.
You don't have to pay rent in cash. You can always use Wise or other payment services.
To a get business visa just pay $300-500 USD to an agent it will get you 6 months visa which you can extend without leaving the country.
Because you are not getting any business from bali doesn't mean you should provide false information by highlighting cons of any place.
Every place has pros and cons.
Exactly ...
I'm 6 years in Bali now. I've had a good run. But the things that will force me out of here in the not too distant future are the lack of freehold property, the pollution and the dogsh*t everywhere.
The pollution and traffic/scooter noise is what puts me off visiting. Peace and quiet is so important as I’m getting older.
@@VoiceOfThe Lombok, much better beach and it's a lot quieter than Bali.
But I support government restrictions on property for foreigners, I don't want to see Bali turns into Hawaii. If it's only a small percentage of the land then it is fine, but the majority of the land belongs to the natives 😀
Well dog shit is aplenty in new york too lol. It is a nice place like phuket for vacation. Not for investment or long term living. Yeah there are many westerners there but look carefully, those are solo travellers or couples mostly. Probably majority australians. If you ask me, i think infrastructure is not up to standard. Waste management is below average.
Indonesia is a "Get back to you later country"
Better start learning Indonesian then and moved next door to Timor islands, around Kupang and Rote. Prices there are cheaper and the natural landscape is still pristine
I have lived in Bali now for 3years and not a bad place to hang out whilst the world goes crazy... I agree the people are lovely and the vibe is happy, riding your scooter around is fun, and there are lots of adventures to be had... living a digital nomad lifestyle, with good internet speeds and getting an online business to thrive works in Bali...however the water and beaches are polluted, it is relatively dirty, hygiene not great, msg everywhere, visas complicated and you are not really secure... I also agree that although attractive on the surface, buying or building a home in Bali is wrought with problems... first as mentioned the leasehold thing (not a great long-term investment) and then the build quality is poor, similar to China, cutting corners, cheap materials and unskilled labour... I love the beach lifestyle but also sophistication and adventure... I am open to hearing where you would choose to live in the world... been watching Andrew for a while now, love your videos, please keep them coming...I hope to be a client soon...
They went crazy in Bali. The government went around and forced entire villages to get the toxxine. Terrible!
Agree.. Bali is being overrated, overpolluted and crowded.. There are commotions between visitors and locals, traffic jams, local scammers and the geographical earthquake, active, volcanoes and tsunami..
Bali is not always for making money mate (100 mil. or trilion dollar) materialistic oriented 😂 its a place for rest and peaceful with nature (beach, mountain and culture in one plate
Yes, I don't understand these Anglos, wherever they are they just want to flip real estate and find more ways to stash money and speculate, instead of learning how to actually enjoy life. For example in Bali learn a bit of Hindu wisdom and ecological lifestyle instead of constantly worrying about under which corporate structure to hold your concrete cube villa with pool... LMFAO
Dirty Hippy Alert
I'm Singaporean/Thai girl (by ethnicity on my dad's side) who was born in Indonesia and having spent some of my childhood yrs there, based on my very personal experience of living in Java Island (The West Part), i'd gone through many painful things like being sexually harassed, bullied by my most of indonesian school friends, dealt with family problems, and yeah not to mention the religion fanaticsm plus regionalism (or better i refer to this as 'Ethnocentrism') are on a whole new level. I remembered visiting a small town whose most of its populations spoke a provincial dialect and i was strolling around a local neighborhood to buy stuff/grocery-shop. When i tried to strike up a conversation in Indonesian with the seller, all eyes were on me! I got weird, kinda disgusting stares from the locals as if they've never heard of the national language, despite being Indonesian themselves. I was wondering why they treated the outsiders differently and this was a subtle form of being intimidated, i mean, that area is in fact still part of Indonesia and people should tone down their close or resistant attitudes towards everything that they aren't used to getting exposed to.. they are somehow indonesian too but they “emphasize” their identity more on their provincial or specific ethnic groups they belong to, rather than identify themselves with their nationality
, i wish they could be as comfortable with sticking to indonesian while interacting with the outsiders as conversing in their own lingo only to their fellow countrymen..my stay was temporary and that area's local dialect is associated with abuses i endured as a lil kid so, i dont feel the need to fully fit in to the indonesian society on that expected deeper level. On top of this, Indonesia has gotten a lot of pros worth paying attention to, especially when it comes to a sense of community, the locals could be so angelic and friendly to complete strangers and if you're fortunate enough, they'd invite you to eat together in an open space , like at a small hut in the middle of the rice field while you can enjoy the breathtaking view of your surroundings.
I LOVE the authenticity and honesty. Especially of your opinion and experience. You painted the picture of different experiences and for those that want that experience in Bali, at least they know both sides of the coin. My cousin said she preferred The Philippines over Bali any day or Thailand. I’m glad she also shared her honest opinion. I’ll still consider Bali to see for myself, but will look into surrounding countries, as well.
I think every person or single livin being has their own opinion n how they facing different situation im from moscow n ive been in thailand Vietnam n philippines but ima be honest bali is my best place to find my Zen, the people in bali is quite different from the rest of asean people, n also the culture is still thick that's why i already livin in bali for almost 5 years, back to back from moscow, n now im still on finishing kitas for my identity who want to be indonesia citizen, sorry for my broken English spasibo
indonesia crowned most beautiful country no 1 in the world recently and bali crowned the happiest destination defeat las vegas
We can take points from consultants and do own survey what suits the personality of a person. Example Philippines is an English speaking nation , thais and indonesians are not. So it suited your cousin well in that sense. An American lady who is a certified therapist once told me she wanted to create a location vs personality profile and post on UA-cam.
@@putraoktavian6715 Bali is overrated.. overpolluted dirty with garbage and vehicle smoke and also crowded.. Active volcanoes, earthquake and tsunami.. traffic jams and many scammers.. Phuket is better..
You know that comparing one whole country and a small island isn't quite a 'apple to apple comparison' right?
Tried Bali and didn't like it, agree with everything Andrew has said, it's not the place to go if you want to build a big business it's the place to go if you want to get drunk and high whilst running a digital agency from your laptop IMO
yeah i appreciate your opinion too, like Bali was never intended for big business place. You want to do that, go to Jakarta, but i doubt that you'll like it since there are too many people and it's dirty megapolitan city although some sectors and places are improved a lot.
In Bali an “international digital agency” is two mates making ads for a crypto scheme. They do get drunk though
Westerner go there for "nature". But as you found out beaches are polluted, traffic is bad. And sea is rough, children may not be able to swim. More for singles or couples from Western countries.
Did you travel outside of seminyak or depensar? Ubud was my solace. I did not connect with the party vibes from drunken Aussies.
You nailed it on the "Good vibes only" thing. Seems to be the mantra of all the kooky radical vegan and yogi travelers I have encountered. :)
Just to point out, Bali is a name for the province of Bali, which includes the island of Bali, with the city of Denpasar as its capital.
Malaysia USED to be open to foreigners but not anymore. The new MM2H/S-MM2H rules make it impossible for the average person to stay longer than the tourist visa. Certainly not retirees, students or digital nomads on a budget. Plus they tried to enforce the stricter requirements on people who already held residence visas, even those who bought property and invested in starting businesses. Too bad because it's a wonderful country but one that can't be trusted to honor its policies.
Even i started to see some people who don't know that Malaysia exist, so sad even we Indonesian envy them because they're more worldly recognized than us due to Petronas Tower and rest of KL city. Things changed, political crisis and corruption in Malaysia changed everything.
It appears that Malaysia is restructuring its visa policy for foreigners.
There is now :
1)The existing MMH2 program which has significantly gone up in price ( for rich retirees )
2) The MMH2 ( Sarawak ) which has largely retained its previous structure and cost ( for retirees )
3) The new so called “ premium visa program “ to attract new ultra rich foreigners
and
4) A little know and yet to be launched digital nomad visa that cost Malaysian Ringgit 1000 , which is valid for 1 year.
❤️ for ur smile, tips. Maybe they have become egoistic. Traveling is fine, not for business.
Yea I had no idea why he keep recommending KL
@@biggiebeil5118 His VESTED interest or commission :-)?
Hi Andrew, thanks for being real, I always like listening to you just for that alone, cheers and enjoy your day.
We appreciate that. Thank you for your comment.
Living in bali right now. Can't beat the vibes, the waves, the sun. Least not in my book
I lived in Malaysia. Now, I only have a rental unit there. It is a hassle. I decided not to invest in Malaysia as a permanent resident. However, It was a life changing experience. Malaysia teaches you how to relax and accept a laid back lifestyle. the shopping is great. For those who are totally stressed and looking for a diverse Asian experience. It's very a multi-cultural experience.
Its lush and busy in KL, but Im not a fan of the malay/muslim culture that rules there. Thats why the ownership is restricted in these countries anyway, because islam is on top by design, everything else is secondary.
The last time I was at KL airport there was a woman in a black gulf state niqab running through the airport, I turned to my wife and said: 'never do that in a western airport'...lol.
Their priorities are split between money and islam, the Najib trial being a good example...so you could never rely upon it.
I agree that it was easy as hell as an Aussie to pass through, getting into malaysia was only marginally more difficult than flying domestic in Australia, but id never even want to buy land there, or live there.
dont come here then. enjoy your narrow mind buddy.!!😄😄😄😄
@@asia.network5475 "...narrow mind..."
I think theres a lot of that in Malaysia, in my very limited experience of it.
@@lieshtmeiser5542 you are one of them mate!!!
@1x0x " i love muslim countries"
Huge generalization. We were talking about Malaysia in this thread.
I remember a young Australian schoolies who got fatally electrocuted from exposed shop wires while walking on the ragged walkways. Scooters can be a death trap. The rule of law is not necessarily applied fairly and leasing property is a minefield. When sold up from under you. Great for a visit but not visa friendly and I have given up waiting for it to become more welcoming to investors.
As a foreigner, the law will always side against you
@@3blinds exactly..
Andrew doesn't get it cause he doesn't surf. The beaches aren't that good but the waves are epic. Plus there are a lot of creatives in small islands like Bali and Siargao Philippines that u don't find in cities like KL or Singapore.
@@GabrielDiggs Canggu is indeed black sand, but Bali's Uluwatu beach is better than Phuket
@@GabrielDiggs Canggu is still better than Phuket, no sex tourists or those type of bars like Phuket just attractive young people from around the world in Bali.
@@GabrielDiggs phuket is more disgusting than canggu..women are sold cheap..sex is offered on the streets..is there any moral in thailand?? sex hawkers and lady boys offering on the streets and the numbers are fantastic..phuket is not suitable for families.
@@GabrielDiggs Fair enough
@@GabrielDiggs hiv aids disease in thailand is very dangerous. even many children are exposed to the hiv aids virus in thailand..
Bali is for younger nomads (at their 20s) who love adventures and colors. Older people usually prefer less colorful and well established place in the city like Bangkok or Ho Chi Minh City.
However Bali is great for retirement age of 50s and 60s....But if you are in your 30s and 40s or having families and kids, there are better places since by that age you should have established a well-run business and NOT in the seeking new crazy fresh idea anymore. But if you are still in the "brainstorming" process of establishing your business, Bali is the better choice hands down.
People coming to Bali to 'make money' have ruined the island. They have driven up house prices to a level where young people can no longer afford them and destabilised the economy by employing them for short term, insecure low level tasks which pay more in the short term than carving or farming but which evaporate as soon as they arrive.
Personally I find KL a dry and soulless place devoid of 'spirit', and yes, I have spent time with local people who were dear friends.
I'm glad this human doesn't want to live here, there are too many of his kind here already.
Agreed.
Malaysian here. Thank you for liking my country. You're forever welcome here~
I feel my life is peaceful in Bali, whatever I am looking for is available there, tranquility, crowd, beauty, comfort etc. all in Bali
❤️
How old are you?
@@bondys-video-kucing 50 yo
@@fansmilitan2701 how long have you lived in Bali Fans? Where did you move from?
@@LauraTryUK I have been in Indonesia for 5 years and I come from Turkey
I don’t agree with Andrew on everything but his “Good Vibes” take is spot on 🎯
In a future video, can you elaborate on why you have been softening on Bangkok lately? Maybe compare and contrast your earlier experiences to your most recent ones there.
Bali is much better. Very low crime and it was the best choice I made.
I have been around the world, mostly Asia and Europe, and Bali is probably the best place I have visited. I don't understand why you are so negative. Also, no place to walk? Are you kidding me? I walk around 20km a day when I am there. Mauritius is dead compared to Bali. I would also love to know what luxuries you subscribe to that are not available in Bali.
I love Andrew's take on good vibes only.
Park yourself in Bangkok, KL or even Singapore for your biz, where there are good biz vibes. My Bali driver, much as he craves efficiency, won't trade his Bali life of lush green rice fields, black sand surf beaches, religious festivals for a concrete jungle.
Hey Andrew, I aspire to be like you one day!! Keep up the great work and I wish you all the success in the future.
I appreciate that. We wish you a lot of success.
Your "Good Vibes Only" spoof was a riot, Andrew! Very funny, yet you uncovered something real and quirky about human nature, the fragility of personality, and how people react to one another in different venues. While I enjoy your content, it seems living a nomad capitalist lifestyle would cause you to constantly interact with one bureaucracy after another in far-flung jurisdictions worldwide. Seems like this would be very frustrating, making it a real challenge to enjoy walking around and enjoying the pleasant smells, the ducks, and the sounds of a place -- while having to think about juggling shifting bureaucratic landscapes. But that’s why you have wisely chosen to dispense with monthly payments and renting. Makes good sense. But is this enough to give you some peace?
you're misinformed: 1. Just get a business visa for small money and stay forever. The agent will do everything. you don't need to come on a VOA
2. You can open a bank account in less than a day
It isn't your vibe and that's because you're too snobby for Bali haha
Someone that put up a "good vibes only" sign in front of their business must've screwed Andrew over somehow......
Andrew, I am living in Phuket currently and I totally understand what you're saying about the good vibes thing here and it really feels like a very lazy place that doesn't coincide with my ambition.
Good points, I’m considering moving there. Their are different types of nomads, some are business focused like yourself, and some are cultural or spiritually inspired, I guess it’s what you prioritize in your life will dictate what place suits you best..
I think you can open a Penaman Model Asing (PMA) Company, which can be 100% controlled by foreigners. Through this entity you can buy property in Indonesia. The only catch is you can not sit on undeveloped land. So I would assume the plan would be to continuously grow your property portfolio in Bali.
I agree to disagree. Lets keep the "Good Vibe only" stay in the big cities like KL. I like Bali as it is, not too many high rises and big businesses, it is just a special place, one of the best places for Scuba Diving.
Yes agreed.
Both Malaysia and Thailand have better diving.
I just finished touring Panama, and I felt the same way about is as you do about Bali. “Good Vibes Only” signs everywhere
On my way to check out Thailand and Malaysia as possible new home
hi andrew malaysia has a new program, malaysia premium visa and also in cambodia, cambodia golden visa.
I definitely understand your point of view! Thank you for this video ! Good Vibes description was hilarious and so TRUE!
Amongst the 'downsides' of Bali he misses an important point. Traffic. (And I say this as someone based out of Bangkok and who has visited Bali about a month ago.) It starts at passport entry (no business class preferential entry point) and a 1.5 hour wait. Then traffic is seriously a total nightmare - over 2 hours to get to Ubud and once in Ubud often 45 minutes to an hour to get to a restaurant 3-5km away... It is so bad I think it makes the island unlivable...
from the airport to ubud, the distance is almost 40 km and normal conditions can take 1.5 hours ... and I also go to visit singapore when it's busy it can take 2 hours to get out of changi airport.. Bali receives visits from 10 thousand to 30 thousand people per day...for a 3.5 km 1 hour restaurant is a hoax..i know you are a thailand youtuber..but try to compare the traffic in bangkok with bali and try to come to bali then compare with bangkok thailand which is more jammed...than you can talk
@@bungelonlevel2862 I personally think the traffic is worse in Bali (have been several times and once post covid than Bangkok )(lived here over 20 years.) But we are setting the bar rather low here comparing traffic in a resort island to one of the largest capital cities with a reputation for rubbish traffic. If '1.5 hours for 40km' floats your boat on a resort island then great. As you rightly point out Bali now has far more visitors than its infrastructure can cope with. We are not discussing whether Bali's traffic is terrible.. just how terrible...
Completely agree. The traffic makes it unlovable and it's only getting worse. It's probably one of the biggest reasons to not come here at this point.
Getting a bank account ( Permata Bank ) in Bali on a tourist visa was super easy.
Bali is overrated… Especially that Canggu…What’s worth it us inlands, up north. But there you’ll bump in plethora of all kind of problems… Good net, decent dentist…etc… I just finalizing my unlimited permanent stay permit and me and my wife then are moving out of Bali. I have been here 10+ years… It just became too much of a hassle… Leaseholds getting very tricky because of wild development with no rules… Homes in quiet areas getting into slum in 2-3 year period…Kuta, Seminyak all south went down the drain… Noise pollution, water pollution, air pollution… You need to move out every 2 years more toward north-west to gave piece of sleep… But infrastructure don’t follow … Meaning rural traffic jams…(far worse than in a city) And what’s worrisome is … food quality degraded significantly… Vendors cutting corners everywhere… And control is non existent… Only good thing is the people vibe/ culture.. and influx of all kind of young and old from around the globe…South Bali and around Denpasar is turning more and more into Jakarta vibe. Ultra rich who have all and ultra poor… Everyone trying to monetize on everything…From beach entrance fees to parking motorbike in-front whatever… Not about the money, as that feeling of being moving ATM all the time…
I can totally understand your points and reasons. My Indonesian partner and me also like to stay in europe during the summer and moved to quieter areas of Bali. The construction and traffic can be annoying but it's not only in Bali. Noise pollution is there in every big Asian village which all have loads of noisy bikes you just need to invest in european-quality Windows that are sound-proof. For Food you need trusted Restaurants and Cook at home or eat nasi goreng etc street Food which is Fried so safe to eat. Overall Bali is clearly not perfect but you have so much nature a few hours away, places like Raja ampat, lombok, Islands, komodo and Australia not far which I like and Low taxes, international people, good Internet, but all year round living there can get a bit boring or "loud" depending where you live but it's similar in other cities and try to get a good dentist in rural Thailand...
I have just been to Kuala Lumpur and river water pollution is still there, while tge traffic system is great, you can't get online Taxis sometimes too because of the demand. And people are not as friendly as in Indonesia (as far as I noticed)
I have been living between Bali and Jakarta for 13 years and I could say a lot but won't. I will say, do not trust the legal system or contracts in Indonesia. It is all hunky dorey until it isn't. Thankfully I haven't had major problems but know many that do.
I’m planning to move to Bali soon. Would you please Say what contracts are like that?
For vacationing honestly instead of Bali I prefer Lombok or the Gili Islands. Much better beaches and not getting “hey mister”’d every 5 steps to buy something
These VAs are relentless, must get paid per every connection made 😅
Yeah but its hard to get an alcohol in Lombok
@@Kuricang31 I don't think I had any problems on the Gili Islands. Maybe you consider separate, but I think they're still considered part of Lombok
In all my Intl travels - Bali (the interior not the coast lousy with Aussie surfers) was the ONLY place I would consider retiring to (if not dying for those great Hindu funerals) but only for the Spirt/Mind… 😏
My preferences are similar to Andrew. I also like big international cities that are walkable and have good public transportation.
That "Good Vibes" observation is insightful. Describes so many people these days and they are not all in Bali
Thank you very much Andrew for the opinion.By watching your video,now I understand that there are different point of view.If we are talking about the waves,the view and the vibes bali is the place.But when we talk about permanent visa,tax system and land leasehold system then Bali is not as opened as Malaysia and Singapore
Bali is safe and the nature experience is a dream, after living in NY and Paris. But the lack of infrastructure in Bali makes walking around difficult. It's also not very interesting to explore on foot, like it is in NY and Paris.
There are definitely low key, luxury resorts in Bali, with the lifestyle and quality that Andrew enjoys. These places are fully staffed and provide a buffer from the 'good vibes=irresponsibility' attitude. I haven't shed my workaholic NY frame of mind 100%, so I can relate.
Although I always feel overdressed in Bali, I'd feel too casual dressed the same way in NY, Paris, or Rome. I'm only in Bali 2 months at a time, and although it's magical, I'm always grateful to travel to a city afterwards.
Bali air quality usually stays in the 'green' zone, and is far better than in Bangkok, Chiang Mai or Kuala Lumpur. Unfortunately as a female, I feel unsafe in KL.
LOL how can you compare Bali to NYC or Paris?
@1x0x I guess it's the vast amount of indian/bangladesh/western countries immigrants there as far as I have seen they go around in groups of men and are not as reserved as muslim malaysian/people
@@vintageb8why not compare it? It's everybodys own choice what to compare and two places to live
Bali is good for partying peoples & surfers. If you love natures & beautiful beaches..most of South East Asia countries other than Indonesia have nice beaches & beautiful natures too especially Philippines, Thailand, Vietnam & Malaysia (especially Sabah in part of Borneo).
Indonesia have -+ 70% borneo land
How you can say malaysia nature at borneo ?
@@agusstnor4223 can't you understand part of Borneo????
@@cikradi3512 of course im understand, thats why i ask you
LOVE the commentary on the “good vibes only.” 😹👏
The mental riff (mini blue screen) about "good vibes" at 9:40 is absolute gold. Bali too chilled for you Andrew 😂
Ameen, I personally hope more people have a good vibe like you and just realize Bali is 'only' for traveling. Let's make other place capitalized and give up bring capitalist to Bali🙏🙏
👍👍👍 iam agree
Bali is exactly my vibe...at least was 20years ago😊
If all of Indonesia were run like Bali, I would be living in one of the other many, beautiful, less over touristed islands. This country had so much potiental. The hindu know how to make a great indonesia experience. One island not enough.
Philippines is the answer. Siargao is a better version of Bali
That would be boring...
in Indonesia there are places for tourism, places for mining and Industries, Places for business, food estates, agricultures, etc... very diverse, and better be separated from tourist area.
Even the type of tourism also diverse for various type of tourists.. ie volcanoes, rain forests, safari, indigenous/ancient tribes, island hopping, spear fishing, surfing, ghost hunting, etc.
If all places run as tourist destinations like in Bali, that would be boring.. it's also about privacy for the locals. Even in Bali there are places that kept hidden from tourists.
Well different islands have different priorities, not every Indonesian people want to take their islands as a touristic spot and some of them prefer their islands for other economic purposes. They just have different visions and dreams for their places.
You can try Mentawai or Labuan Bajo, although the later is bit expensive. But Mentawai is literally surfers dream.
As an Indonesian, I am really against that Idea... One Bali for our country is enough or even way too many.
If all of country was run like Bali, our country would be collapsing into ruin when the next pandemic comes (and it sure will come).
Tourism is great as a way to promote a country. BUT, if such country is as big as Indonesia with diversed 270 million inhabitants. It would be crazy idea to put all of our breads into single basket. Yes it is good way to reduce unemployment, but it is not sustainable.
the good vibes part is so true. a lot of extreme tree hugger types there in Bali now its sick. Mostly vegans who shit on the local cuisine because meat
Would our opinion change if you can buy a property in bali?
man you hit it out of the park with the good vibes only in bali... you got the yoga mafia as well.
Yeah... He definitely wouldn't fit in. He is an outcast here, and if you are anything like this guy... Don't move here. Stay in your room and rent girls.
Went to Bali 27 years ago and found it overrated touristy trap,
How about Batam? It is close to Malaysia and Singapore.
If you want nice beaches in Bali, go to Uluwatu, not to Nusa Dua haha☺️🙏🏽
north pole or south pole its the best place for you. do not pay taxes
Don't worry andrew. A lot of Indonesian didn't want to live here either because of the bad regulation.
Aussies love it. Direct flights from most major capital cities, you are one flight away from friends and family who need a good excuse to stay at your place for free accommodation. Bali is a big deal for many Aussies.
Congratulations on your expression of vulnerability-I appreciate your authenticity and respect your view. Thank you.
Bali is fun for a quick vacation but not for living.
Too small, too quiet, especially lately. Locals are only focused on getting money from foreigners.. why go when there is Thailand
thailand is worse than bali..even street prostitution small children are sold on the street..only ask for sex from foreign people..hiv aids everywhere
Semua akan butuh Indonesian di masa depan yakin lah 👍
Nomad Capitalist, best love from your Capitalist fan from East Java ❤🇮🇩
Any thoughts on East Java i.e. Surabaya, Malang?
Wow, I saw you today on TK184 Istanbul-Mexico City flight and now this video popped up:)
@@happyhippo5880 Business
i have been living in Bali on and off for 3 years now, fun fact, now the rent in popular areas is going more expensive than Amsterdam or barcelona, lol, the landlord is asking you to pay 2-3 years upfront too. land price seem more than california,. 😂
Andrew, thank YOU exactly to your point about the laidback too much and the people who are there are probably not doing 8,9 figures. I thought it was very interesting how you said that people would hit the 7 figure mark and then be in Bali and retract. From what my research has shown me it doesnt have the ambition and drive to hit 7,8,9 figure businesses. A beautiful destination for a vacation but as I have been looking for a base where I will be surrounded by people that are more accomplished then me and are a circle that I can truly push myself to greatness around, Bali won't be a long term fit.
We would be glad to welcome you to Nomad Capitalist Live - nomadcapitalist.com/live
You can buy freehold in Bali through a company you create there for couple of thousands. Yes, theoretically you do have to present a business plan that will lead some day to 600k capital, but in the mean time you automatically get a longterm visa for 3000 dollar fee for starting the company. Not to mention that if you really want to live there, after 3 years you can get permanent residency.
Maybe those are some of the recent changes, I don't know? I'm surprised that a company that is professionally involved in knowing such things doesn't know these facts.
However, doesn't the company need to be majority owned by an Indonesian? Are your talking about a PT or PMA?
@@danfreeman7151 PTPMA. No Indonesian ownership is required. It does need to have 2 owners minimum, but they can both be foreigners. It does also need to have an Indonesian CEO/director.
Why don’t you live in Singapore?
KL is a great city!
Indonesia is a Muslim Country with no rule of law and poor. Malaysia is also a Muslim Country but a former British Colony so there is some semblance of law and better run.
The only place a foreigner can live in , do business have a bank account with very little corruption is Singapore....but it's expensive. Hong Kong was the best, it is now finished kaput. I worked there for 5 years but China has destroyed it.
In 2022 Indonesia have much new regulation on visa and taxation...like long visa for digital nomad etc...
Indonesia has a digital nomad visa and there are many freehold properties. Also foreigners can open a company which owns land....
You are very accurate about Bali. It is not tax friendly of course. It has abundance of natural resources. However it chooses to tax individuals not counting on resources for revenue unlike most other similar countries. Sales tax is 11% now, other tax is similar to developed countries and bank accounts are open book for tax man. It gives very little back to taxpayers for the tax it is taken. The infrastructure around Bali is not comfortable with small and jammed roads everywhere. Not worth it as you said. Many Europeans stays there just to avoid winter in their countries.
bali now no tax for digital nomad...free tax for 5 years
Big changes pending in Bali and Indonesia come November. A shift precipitated by massive Chinese investment ans a change in tourist visas effecting all of Indonesia but Bali in particular.
care to elaborate a bit further?
Fantastic video again! Specially that about “vibes” lol
Glad you enjoyed it.
Singapore sounds about perfect for you.
Bali still has stupid covid restrictions, won't be going anytime soon. Much better places to visit in the area without covid restrictions...... New Caledonia, Tahiti, Tonga, Fiji
Many of you who are anti Covid 19 vaccines have already died.they regretted their decisions not to be vaccinated,prior to their demise.hope you are next!
People still wearing mask outside, even is not mandated anymore. Now you need vax qr for getting a drivers license.
Check out those places because I think Tahiti or Fiji now has drug cartels FYI .
@@rutherfordbhayes423 Really? Welp, checking them off of my list if that's true.
what covid restriction??? no wear mask in bali
Im Balinese and its good that Bali is not in your list because in fact Bali is Not For Sale. Its a sacred place where the only Hindu folks escape Islamist in Java. Bali consist of many villages, its not designed for cruises and overtourism. Aussies what makes Bali looks white. Bali is appealing for Aussies because its closer to them, its their gate to the outer world. Bali is not for goldminer, but its a place to contemplate, that not all that glitter are gold. Lets keep it that way, because i believe the balance of the World depends on the balance of Bali.
I never met or heard of any sucessful 8 figure entrepreneurs hanging around Bali.. Thanks for the great content Andrew.
100 richest people in the world, 2 people are Indonesians.. while he lives in Kuala Lumpur, Malaysia, not a single Malaysian citizen is included in the 100 richest people in the world..
Kuala Lumpur either...
@@bungelonlevel2862 Inequality in Indonesia: millions kept in poverty.
In the past two decades, the gap between the richest and the rest in Indonesia has grown faster than in any other country in South-East Asia.
@@junnaui5525 You say millions of Indonesians are poor?? Indonesian people don't want to show their wealth, even though they live in a simple house, they still have rice fields and fields to grow vegetables and have a large area of land and not installment bank.. While you in Malaysia you live in an apartment cage. Even then you owe money from the bank to buy an apartment.. your apartment is still bank installments..you are poorer than Indonesians
@@junnaui5525 I'll see at the end of the year when America raises bank interest rates..just look at those who have debts in the bank crying to pay...after this there has been a massive reset in property...
I’m in Canggu right now. Bali has traffic and infrasctructure problems that make me question come here again. But I love nature vibe, thats why my lovable Thailand is my winner so far. I will check Singapore soon and may change my mind 😂
Let’s face it , Andrew doesn’t fit in with the canggu crowd at all lol
I think we aren’t comparing apples to apples here.
Nowhere in asia allows you to buy freehold land ?? Buying condo in Malaysia? You gotta be kidding me
What luxury are you talking about ?
Japan is great because I can drive a nice car and wear a fancy watch and never worry about thugs and drug addicts.
i am thinking move to Japan, what visa are you on? Thanks
@@nancyguo01 Heya, just a yearly student visa, then set up a business and transition to a business visa…need the language anyways😉
@@Tyranthraxus78 what is the business visa ? The investor visa I heard is only 1 year each time
@@nancyguo01 Investor / Business Manager visa, and in most cases, it is required to register a company with at least 5 millions yen capital before you can apply for the visa. Definitely talk to an immigration expert.😅
@@Tyranthraxus78 thank u. What student visa. Can it be studying Japanese and how many hours is required per week ?
Lots of messages from you, well thank you I’ve been to Bali but also wouldn’t stay there for too long, is Thailand nicer
Please do a video on Sri Lanka if you can please. They've opened Golden Visa scheme but not sure due to the current economic turmoil they are going through.
I hope this video will reach the Indonesian government, especially President Joko Widodo so that he can fix the tax and immigration issues for (prospective investors) foreigners who come to the country.
bali no tax 5 years for digital nomad..free tax
@@bungelonlevel2862 then poisoned to death and dead..
I hope because immigration issues must be changed for more investments, since Jokowi love investments so much
@@iawarenow658 lol Envy neighbour
@@iawarenow658 Not my concern if you trying to tests us by bringing illicit drugs here lol