If you're not too rich then Spain is a good place. I have been able to live here on $1000 a month and own my home with no mortgage. Wonderful weather, mountains, beaches and food. No tax problems for me, I don't make enough money. Property tax and insurance is very low. Healthcare is great. Sometimes it sucks to be rich lol!!
Spain is clearly not a good option. High taxes, bureaucracy, confiscation of assets... They will have a tough time attracting talented people or foreign investments/companies.
THEN people justifiably complain they can't find a good job. They don't seem to realize that Socialism and Bureaucracy took their good paying job away.
Confiscation??!! Too exaggerated. Taxes and burocracy yes but I would never bet small things for the bigfest one: living a high quality of life in a serious city as Madrid of Barcelona. Spain all the way!!
I'm Spanish, and until the present Socialist/Communist government lose power, I would stay well away. From a lifestyle point of view, it's fantastic, from a financial point of view, it's a disaster.
Sounds like the United States of America now. We NOW fear our government. It cheated to gain control in the elections, threatens and hunts down citizens who protest (only conservative citizens), taxes us out of our homes and businesses, censors us, etc. God help all of us.
I'm Spanish too, I am currently living in Canada as a student and building my online business in Estonia through E-Residency program. Do you think our country would dare to tax all the Spaniards living abroad?
I have been to 81 countries so far, and lived in quite a few, and I agree with you that KL in Malaysia is a fascinating city and I loved it, it was a pleasant surprise, along with Vietnam and Taipei as far as Asia goes
@@person.X. yes Peru is much better now, best to check both out in person before deciding. Not a big fan if Lima, but cusco and arequipa are nice. Best of luck to you!!!
@DeRiot: I totally agree with you. I love visiting Colombia, but will never take the plunge and live there. Panama City is similar enough to Miami IMO, it’s a wonderful place to be.
Yeah, i agree, Id read so much, about Portugal before i went, but Naaa, expensive, dark and not much joy in the people...parts are beautiful..but to live, no , give me the wild and golden humanity of Istanbul anyday
My million dollar condo is a little two bedroom two bath house walking distance from unpopulated white sand beaches and warm water. Oh, it was $80k. Low crime and very friendly people....
good, except in Philippines anything u get or import from abroad gets charged at 100% or more!! plus many of the cities and towns look mediocre at best, add to that the suburban ugly model of expansion. etc.
May i ask what island are you on? I was in the Phils briefly last year but the bloody covid showed up so i cut my trip short. The people are great there but i dont like cities and it will take me a while to see all the islands and towns there. Not a bad problem to have haha. Hope things will be back to normal this year for all of us.
@@drd3816 We are on the island of Bohol. If you want more details, we can figure out a way to PM. We are in a beautiful spot with no cites anywhere near....love it. I am glad to share info if you are interested...the main thing is, get FAR away from Manila. Once things open up again, fly into Cebu City directly, bypassing Manila entirely. You can use that as your hub. I can give you details in a PM if you want.
@@l.k.0235 It's a developing country. I would not run a business from the Philippines except something online. I have no problem bringing in what I need personally as "Household goods". We live in a small town with half a dozen white sand beaches walking distance away and a very low cost of living with no hassles. If you are looking for stylish master planned communities, they actually have some of those but NOWHERE near me, thank God. That said, I am impressed with how well our little town spends its money, with a community center, tennis courts, a plaza and did I mention, a bunch of white sand beaches with lovely clear water? Overall, it is a relatively poor country, with pockets of wealth. That is why it is so inexpensive.
@@goeast12 Well, if you go to Metro Manila, it is like going to Chicago and well, you get what you get. Our island is safe and happy, and a world away from the Manila area.
Serbia is my favorite spot. I'm planning a move to Novi Sad this year in fact. Best Food, Prices, People and Education for your kids is fantastic, oh and most ever speaks English. I've checked out many places across Europe, and Colombia and Thailand, and Serbia is by far the best for me!
I visited Portugal a few years back and decided it would be my future home when I retire early in 2 years(55). Unfortunately I’m hearing that Americans and Brits are flocking there in droves, and driving up real estate prices.... I’m afraid it will be “fished out” by the time I get to move. Considering the Balkans now( Serbia, Montenegro,Slovenia, Bulgaria). Also still looking into Colombia and Ecuador still. An American expat has a channel that raves about Paraguay but I don’t know a lot about it. Anything to get me out of this insane asylum known as the USA!
Was just in Quito and I wouldn't recommend it to a)people above 50 or b) people who don't know Spanish. It's very high elevation, sketchy but very cheap. Cumbaya to the East (still technically part of Quito) seemed nice though and I would only consider that area, it's also 2000 feet lower then the Western part of Quito. Colombia is a lot nicer but still Spanish will make things a lot better.
I have been researching Portugal fro several years. No more tax free for retirees. Now 10% The migration plan can be tortuous to travel. Also, must file yearly taxes. Amongst highest prices in EU for gasoline, electricity. Behind the cure on EV charging station support. Vat + 23% Restrictions on where you invest and bank to keep taxing you. Net Net a pretty in your face government. No freedom here. Beautiful country, good people I have heard. I question why they have the 5th highest covid case rate. Keep in mind that they are a member of the PIIGS countries in the EU and all all on austerity. Not conducive to high value return on you money in terms of living. Good Luck.
Very informative post, Gabriel. And even if the research yielded positive results, it's important to actually visit the country and spend time there. I was there in the summer and I don't see it as a fit for me, and that didn't take the economics into consideration. But someone's trash is another one's treasure and vice versa.
We lived in Chile for 18 months. For the most part, I agree with your assessment. One thing that we found to be particularly bad in Chile was the food...boring with a capital "B." We had two excellent meals during the time that we were there and many that were disappointing.
@Joe Barone You're right. When I moved to Nebraska, I was taken to the best Mexican restaurant ever. The food was a little bit south of a TV dinner. I'll just leave with a small factoid about Chile. The national dish is the Completo. It's a hot dog with mayonnaise, avocado, and tomatoes.
you sound like you didn't go south. Most of Chile has only 5 options of meals, which is sold everywhere north of Puerto Varas. I also hated how they put pounds of sugar in literally everything. I actually lost weight living there. I wish we could've stayed down south, but glad we travelled from santiago downwards. It's better being pleasantly surprised at the end than overwhelmingly disappointed going everywhere else after being in Ancud first
South America in general food is really bad due to the ubiquitous meat eating culture but there are many ethnic restaurants to choose from if you can splurge a bit~~
@@benkim2016 The Uzbeks amd Tajiks also eat meat, potatoes, rice and onions Every dish consists of 2 of those ingredients, yet the food taste good as hell. Estonian food is almost always meat and grains, but it's good as hell. On the other hand, Latvian food lacks luster and taste, and they usually use more than just meat and a few other ingredients. It's not what they use, it's how they prepare it.
Agree 100% with your thoughts on Thailand's increasingly unfriendly visa policy. But disagree about the sophistication. Bangkok is 100% more sophisticated on the cultural level than KL. Symphonies, art exhibitions and international festivals.
Yes, he is always have bias in favor of KL, terrible food and unfriendly culture for foreigner to live in. If you have money to eat out in western restaurant it is the same everywhere but to enjoy the local culture Thailand is way better.
I agree absolutely about Spain . I’m Spanish and my wife is belarussian , we move to Belarus because even we have not sea and we have worse weather here, we can give much better life to our son about education and we have here much more opportunities for any business and freedom . Funny because some people call Belarus like a dictatorship but here all business keep open and nobody looses job during pandemia , only country not locked down healthy people .
I agree that both Thailand and Belize are overrated. When I saw ads on the TV and the subway for Belize real-estate I knew the gig was was up. And Thailand has recently changed their immigration rules. You're videos are so informative. Thank you.
Would love to see 5 underrated countries. As for Malaysia, do agree but it's definitely very tricky to move there I think, and they've stopped the Malaysia second home program as I'm aware. During the initial lockdown, those who had this visa weren't allowed in which I found quite surprising, because what does second home mean of you're locked out of it during a time when it's most needed? Your content is great though , as usual.
@anamericaninbangkok Thailand is what I call a "value destination" for both tourists, expats and potential expats. Quite simply, if you have the funds, there are better, cleaner, less corrupt and more developed places to live with a greater political stability. Also, China has a huge amount of influence here (like it does in my countries). This is coming from someone who has lived in the country for nearly 30 years. I love the place, however if I were an ultra high net worth individual, I would only live here part-time (at most) and would live elsewhere for the remainder of the time. Thailand isn't what it used to be, my priorities have changed, the country has become oversaturated as a tourist destination and now there are more and more Chinese moving and visiting as well as Indians and Russians. The vibe is much different than when I first moved here and as a family man, the reason we stay here is because of the value (which is slowly diminishing), our kids are still in school, the friendly people and also it's fairly safe. We are considering other places to live in the next few years.
This is why i LOVE your trifecta approach. Thailand is on my list of 3 I want to start my exploration, while two others on your list arent. And while I agree that Thailand is a little oversold in hype, it seems a very good gateway to comfortably get familiar with Southeast Asia. Just guess i will hop around Vietnam, Cambodia, and Malaysia as well. Then South America, then eastern europe. The adventure is about to begin!!!
@@yorkpa3767 Brasov Is the perfect city for nomads because you have very low cost of living and 1% tax on business incomes under 1 million in revenue. Plus there Is a nice real estate rental market in Bucarest with 6/7% rent income on house prices
The level of crime in Chile is disturbing. My friend had her purse stolen at a cafe. I received a counterfeit bill in my first transaction in the country. Others in my group also received counterfeit bills (one of which I accidentally spent). That said, the people are friendly and warm.
One has to differentiate between countries which are great to create wealth and other countries which are great for rich people to enjoy a beautiful lifestyle. If you are already rich you can enjoy Spain.👍🇪🇸😁
Question for Andrew - Could you please make a video on the top countries to go to if you want to recover your health and fitness ? Maybe discuss the cost of personal trainers and quality of food and facilities for example.
Great to hear your opinions on what countries are overrated. We've heard that Portugal is a much better alternative to Spain. We visited Belize last year and while we really enjoyed our time there I couldn't see myself living there.
I agree with you, Thailand has reached its maturity and is being overtaken by New countries which are competing to attract bigger shear of investment capitals by implementing New strategies. It reached the pick of its life cycle.
I would love a video on beach life options in Malaysia that are comparable to what Thailand offers. For a lot of us we don't care for the city and go for the beach or more natural environments. I'm curious what Malaysia has to offer in this way?
Thank you for your content! I have gleaned a lot of useful information from you even though I am not close to the net worth of your intended audience. You have helped me pick a country to move with abundant opportunities where I can start working on some start ups in my mid forties. Many thanks👍
Absolutely right on Estonia. Just forgot to mention expensive high prices, horrible weather all year round, negative people, lack of decent customer service.
@@toddjohnsen7996 My condolences. It's really THE most overrated country i have ever been too. There are many disfunctional places in the world, but, unlike EE, they don't have the audacity to pretend something they are not for many years. Glad this BS is getting recognized on the international level already.
I am planning to set up my online business (entirely online) through E-Residency program but not to live in the country at all (I am thinking in going to Panama instead) . Do you think is a bad idea to set my business there? How difficult is to open a bank account there?( I am European union citizen). Thanks for your info.
@@josegonzalez-ro3se i am not an expert on this. I heard the main problem with e-residency is difficulty opening and managing bank accounts. Banks have simply blocked many of such accounts or refused to open them, making the whole endeavor worthless. This illustrates typical Estonia thing-some trumped up facade which doesn't even work on the inside and nobody even knows how to fix it.
@@andreismirnov7200 Don't worry, but fortunately, it's being recognized at this point. Currently, I'm in Russia and things are going much better for me here. ;) I'm a biotechnology postgraduate student and fortunately this country has the infastructure and capacity to support things beyond online marketing hype.
*Chile is an expensive country to visit* 🇨🇱 🇨🇱 It's got nice landscapes in the Southern part (you should see this part of the country first), a descent nightlife in Santiago and it is relatively safe compared to other countries in Latinamerica 🇨🇱 🇨🇱 🇨🇱 but make sure you hang out with SOMEONE WHO KNOWS the area well, a local. Please don't forget this!
I would recommend that you stay down South. I put central Chile in the same boat as northern Mexico. Avoid it. Zero need to stay there. There are MUCH better and safer places within the same country. There's no need for a local Chilean as your companion down south, however, it may be your best bet in the central section of the country, esp. if you're of African descent (Black). My ex-wife, fiancée at the time is a white Chilean. I also lived in central Chile, and will go to the grave speaking wonders of Puerto Montt/Puerto Varas/Ancud region
Things must have changed a lot since the 90s. It was much cheaper than Argentina and I could find a guest house for 7 usd a night then. Food was cheap as well like 1 dollar for a whole box wine and 2 usd for a meal like carne con palda etc.
Bravo, in addition to being a great story most importantly for me you are using two cameras correctly and on top of that, you actually paid attention to sound.
As an Estonian, I can say that yeah, the country is very overrated in that regard. I do wish that the tax was a bit lower but a bigger issue is that housing prices are going up way too much, at least in the capital where I live. It's good if you invested a long time ago or if you wanna own land in the countryside, but for anyone younger, that's considering moving here, I'd suggest going somewhere else. You'd get more bang for your buck in other places. Healthcare is pretty good, fast, and cheap, but that's the same in most of the EU.
Andrew, first of all, thanks for sharing your thoughts with us. Much appreciated. In your Videos, you never mentioned the quality of people where you want to live with. I think you have to consider that into consideration, not just tax. If people are not polite or not open-minded enough. It's not worth it to live there. As a Golden visa resident in Spain, I agree with you if you live more than six months in Spain, but if you live less than six months a year, it is still the best place in Europe to spend your time in.
People are the same everywhere. For me Spanish people in Madrid were great but the ones in Barcelona weren't so. It depends on how you connect with each!!
Estonia is beautiful, tourist and business friendly but gets VERY COLD in the winter and days become very short with just five hours of daylight. No thanks. 🥶
Not gonna lie, expected Thailand to make the list & there it is 😏 While the hype surrounding Thailand may never completely fade, the downsides keep piling up. For the record, I used to live there from 2001-05. I moved to Cambodia in September of 2019.
I've stayed in Thailand several times since the early 2000s. It was never a good place to park your wealth, other than cheap prices and favorable exchange rate, which are both long since no longer true. A lot of comments below say Thailand is favoring Chinese this and that--that may be true of the government at this moment in time, but its certainly not true of the people. You'll find that Malaysia has much better infrastructure in almost every way, plus I'm impressed by Kuala Lumpur's tech scene, they have a decent amount of tech talent going on.
Prices are still cheap and Thailand all you have to do is get your butt out of Bangkok. Any area that's thick with foreigners is expensive Pattaya Bangkok
I had to chuckle at the pervasive griping of Thai cab drivers about Chinese tourists. They stopped complaining about Farangs, we were no longer the main irritant. Heh heh.
I agree with Thailand. The beer costs 5 usd at a bar in bkk, almost 3 or 4 times of Prague and 5 times of Cambodia!! Only the food is cheaper than Europe~~ Massage as well!!
I'm Belizean and totally agree on your assessment the things that are hyped are not really worth it. It's everything no one talks about that presents excellent opportunities for the 6 figure investor. Things like inland real estate, food products manufacturing, business services, logistics.....
I have two issues with Thailand. First is the de facto military government. That’s never a great thing. Second is the fact that you now have to have health insurance underwritten by a Thai company. I priced it out for my wife and me, and it’s $5k per person per year based on our being over 65 . Any savings in rent/housing gets eaten up pretty quickly at $10k pe4 year.
I have a non-immigrant Ovisa we are not required to have health insurance until recently we have to have Covid insurance which is a waste of $1000. Health costs in Thailand are pennies on the dollar I find it much cheaper to deal with health concerns out of pocket. Is someone over 65 if I get sick I’ll go home to the US and rely on my Medicare. Thailand is still a bargain as far as I’m concerned
@@gregh7457 health insurance in Southeast Asia is pretty expensive almost as expensive as it is in the rest of the world. But why should it be when the cost of Healthcare is pennies-on-the-dollar it makes no sense it's a money grab and a waste of money to boot
I am not a High Net Worth person, but I did go to both Chile and Belize with the idea of relocating. I didn't like living in either place. Chile was boring and Belize felt extremely dangerous to me. Murders seemed way too common and were no longer confined to Belize City. (They were seemingly happening all over the place as recently as 2019). I'm in Cambodia now.
@@ilovetyraandnaomi I was in Santiago for 4 1/2 months in 2017. I also travelled to Valparaiso, (which had character and was likeable), Concepcion, and Puerto Montt. I found the prices really high, and with my income, it was hard to get by. It was also very polluted (not just in Santiago.) If I had been fluent in Spanish, and had been a high net worth person, and... if I hadn't arrived in their winter, perhaps, I wouldn't have left so fast.
@@exploringdimensions4all853 It's funny that you say that Valparaiso is likeable, among the cities you mentioned it's the one I dislike the most (mostly due to a dirty environment and crime). At any rate the best places in Chile are not the major cities really. You are right that Chile is not cheap, it's pricey for Latin America (not a cheap tropical country with people walking around with bananas on their heads that some foreigners imagine when it comes to Latin America) and so you are paying for a somewhat more developed country.
Of course Chile will be boring for someone who is expecting to see tropical environment, with happy people dancing salsa the whole day in a city full of colored houses and tradicional food. Chile does not fit with this stereotype simply because it is not located in a tropical climate. This is a semi-cold environment and the people is "boring" in places like this. But that is the way we like it.
Glad you included Estonia, do I need to say any more lol. You guys all know my opinions on Estonia, speaking of Estonia we just got showered with snow here the past week, been a very cold and snowy month here, great for skiiers and winter enthusiasts lol. Estonia was the kind of country to go to 10 years ago, currently we are more on the back end of the wave of great years this country experienced for a nomad scene.
The eresidency is supposed to be a 'Bureaucracy haven'' rather than a tax haven. its an EU country so its not going to be able to be innovative when it comes to taxes. Although you dont pay any taxes on earned profits as long as you reinvest in the business, which is great! and they do make it REALLY easy to run a business, compared to France or Germany, which are nightmares.
Sorry Cheap, im thinking mostly real estate in my response. Ive been to Thailand multiple times, love it, which is why its on my list. I think Thailand will get the visa system right, eventually ;) and have to Love the Thai people, so nice!!
@@Sharpslaw In regards to visas what all nations should do is create an ordinary visa that allows people to do everything except vote. The visa can be extended indefinitely as long as the person is not causing trouble and does not have an infectious disease. The individual should also pay a refundable deposit which would equal the cost of a return trip back which will be confiscated if the individual needs to be deported. the deposit would be returned when the person leaves the immigrations desk at the port of entry.
Correct and agree with your assessment of Estonia. The 'e resident' is really no resident at all- its marketing to get expertise and capital into Estonia. Having said that I got myself one because ...i wanted to say I had one... hey, there's lots of ways to waste EUR 100! In all seriousness, the only advantage I can think of to having an EST e resident card is that it gives you an EST personal code. This personal code makes it easier for you to get a prescription for medicine if you consult an Estonian doctor! And that's about it...!
OMG...this is so true and validating for me. Thanks! Since I'm not a "capitalist" myself at least so far, I'm not necessarily a money-driven person (don't get me wrong here please), but I'm a nomad and have been moving to places that at some point there's a strong inner pull to move in to. All this to say that I came to Estonia this year because of that inner calling that I never really know where comes from, and starting to rearrange things to move my fiscal address here and being strongly puzzled - not understanding all the buzz around how tax friendly Estonia is/was. Really! And sometimes people saying 'oh, moving to Estonia, lucky you' thinking about the low taxes I'd pay and I was like "how come? I don't see any of that. Is it because I'm not into this field and I'm not seeing it properly? I'm gonna pay more taxes than in PT where I'm from (I also include the social taxes here and all the just/unjust way of paying it as a freelancer no matter if you have income or not in some cases, situation that in PT, finally, they started to do something about it) ... Anyway, just to say that I found your channel these days and this video was very important 'cause I've been feeling like a freak among the general opinion in and out nomad community about Estonia. Thanks!
What happens when retirees don't get the pension they hope to have in 5 , 10 15 years later, usually that is some government policy issue like France raising retirement ages, not the problem of the country like Mexico, Puerto Rico, Nicaragua or Belize that you planning to retire in
If Spain had Bulgaria's taxes, I would be there yesterday. But their current taxation regime is a massive no no. Could be a nice idea to buy a holiday home there though.
@@63saruman It would be good if one of his 30 staff could at least... I know its' tough when you're a busy business person. I signed up to get help from him & his team & it took 2 weeks & I got a 1-liner email back after I filled out a very detailed questionnaire and it said: "What do you want us to help you with specifically?" - I found that quite annoying. Then I also replied to their notice about a conference and they have never emailed back.
He’s commented on all these places in the past. Italy is a brand name like Spain, why would you go there to live? Portugal is ok, but us very popular now. Malta is very expensive and has poor winter weather.
Its the ridiculous amount of tax and paper work you need to do. There are countries that scare people away just by the stupid amount of bureacrazy they have.
I have been thinking about Ecuador: The US dollar is the local currency. Have been watching a couple of expats UA-cam channel Amelia and JT. They have several videos and discuss cost and the culture.
It is very cheap compared to the US or Europe, but its still a developing country. If you want to live in a healthy and calm country with decent facilities its great. But if you want all the benefits of developed nations than go to Europe but that will cost more $.
Moving there with my wife after pandemic cools off. She's a citizen so I have a path to citizenship. I need a lifestyle change from this life in America
i would personally stay away from any nation in NATO That is why i like Russia and China. AT least with Russia and China if you became a citizen you could run for president if you decided to.
Thank you for sharing your thoughts, Andrew. We spent 2 months in Belize. The name of the country sounds sexy when talking with friends. Other than that, have to agree, overrated.🥂
@Bob Johnson Hi Bob, Where did you stay? It's possible that different locations could provide varied experiences. We stayed on the small Caye Caulker. In general, I think that there are friendlier, safer options available. The tourist visa of 30 days was inconvenient for us. Mexico (as one example) in comparison offers a 180 day tourist visa for Canadians. Each of us value different things, so what is best for you, is best. How many other countries have you also spent significant time in for consideration? My best advice is: look at more countries than you originally planned on, and spend more time in those countries than you think you need to. Try before you buy!🥂 Also rainy season=no bueno.
@Bob Johnson In my opinion belize is really nice. people are nice, nature is wow, it's also safe in general just avoid Belize city!¡ people and places like cayo, orange walk and corozal are cool!¡ san pedro and other islands are good too but they are a little to much for me.
After going to both Belize and Costa Rica I can't see why I'd ever return to Belize. I'm not into scuba diving which should be considered it's primary attraction. Land activities are two and three hour drives versus fifteen minutes in Costa Rica. I tell people that Belize is Costa Rica's kid brother.
Andrew, what about places to store/park money, are there overrated countries? I don't mean investment, but store of wealth. Example: gold vaults are located in the old good places like London, Singapore, Zurich and NY. There is a reason for that. Wouldn't you buy real estate in those places, like many UHNWIs do?
@LiveFrench4You it is more expensive than neighboring countries....the visas are a headache, starting a business is not as easy as neighboring countries, it is a huge hassle to move money out of the country...you will always be considered an outsider no matter how long you stay or ingratiate yourself into society
I also agree with him about Spain, I wasn't aware of the property seizures and he is the only person who has spoken about this. Me I won't venture out of my home country my family is here and that is very important to me.
Re Spain: you can lower your taxes if you also pay taxes in another country on the double tax treaty, eg the UK. If your dividends are taxed in the UK, they can't be taxed in Spain. UK tax threshold 12k, Spain about 4/5k so you get 2 thresholds where you don't pay any tax on.
Anyone under 50 contemplating Thailand as a long-term (more than 3 months) destination really needs to factor in the impact of a visa crackdown on their plans. Back in 2014 there were people who had clearly been using back-to-back tourist visas to stay in the country - a couple of days in Penang and voila - but suddenly found themselves forced to get on another plane with their freshly stamped visa and go elsewhere. Never assume that Thai immigration will be happy to see you, regardless of how much you spend in Thailand - particularly odd when the Chinese and Korean tour groups are so incredibly tight fisted, but the hotel industry clearly loves them
As someone who has haphazardly traveled to almost 70 countries, I wish I would have found this UA-cam channel years ago. The last few years I've started have more intentional direction to my investments, but these videos would have helped a lot. Thank you so much for posting!
@@healingviews2074 It's always hard to pick one favorite, but several at the top of my list would be Greece (specifically Crete), Zimbabwe, Georgia and Nicaragua. Those are all countries I find myself returning to again and again. :)
Thank you Andrew. I totally agree with you on Thailand especially Bangkok. It is way too crowded. Even Phuket has lost its luster. I have not yet explored Chang Mai so I reserve judgement there.
I was surprised with how much I liked Pattaya. Getting around is a lot easier and very cheap. Yes Pattaya has it' seedy areas but it's trying to become a family destination place, so it has the best of both worlds. Next time I'm there I'll stay by Terminal 21 in the Northern part (the South is the party area) I am not a fan of Phuket or Chiang Mai. Phuket, mafia presence, transportation... Chiang Mai's burning season is when it would have some if it's best weather. I like Bangkok but the traffic/ getting around is brutal.
Chiang Mai used to be great. Friendly and reasonably priced surrounded by beautiful countryside. In the last few years mass tourism has flooded into the old city eroding it's charm. The best time to visit there IMO would be now before the tourist hordes return and the burning season begins.
@@2020-q1p Pattaya sucks. The beaches are so polluted with all the boats' exaust system everywhere preventing people from swimming or enjoying the place. Also almost everybody wants to change their sex and become a woman. So you have many ladyboys...
Sucks. Worst food,no variety in stores, everything imported, expensive, number 3 in world for obese people, stamp passport every month for $100.U.S,, miss a few days people have been put in jail and paid 2500 to get out,
Right on about Estonia. Had lived there for several years. Had to go 'monk' the whole time as the dating scene was terrible. Economically, it wasn't so great either and of course, the weather was lousy. Gives me nightmares to this day thinking about it.
@@rons5319 I did in the pursuit of monetary wealth. And well, more or less, it's how I was raised that significant others were of no importance. I realized that was not the case. The girls there are absolutely terrible. Funny thing about it is that I didn't leave that country with much money.
Viking?? I did not know you have another channel. By the way I am only planning to register my online business in Estonia but I would live in Panama once my business take off. Do you think Estonia is good just for setting up an online company? Can I open bank account there as an European citizen? Thanks man and I enjoyed watching your other channel.
Andrew , i have a question or two for you . How can i possibly get those questions answered is yhere a email or is this it , that is in these comment sections ?
Thailand is great but they’ve made it much more difficult to be an expat in the last 15 years. Still a fantastic country and worth the extra hassle for many expats.
One thing that would make me pick Thailand over Malaysia is the food. It's very personal so everyone will have different opinion about it and it's OK. Sun and beaches can be found in many places but the overall attitude toward food in Thailand does it for me.
Me too. The variety of foods is amazing. And there's food everywhere. Or, there used to be, before the pandemic. But since Thais are obsessed with food, I expect it to return. Less so in Malaysia. Besides, a lot of Malaysian food comes from Thailand, produce in particular. Most Malays refuse to work in agriculture. They get special treatment from their government, so they don't have to.
How long before your team are advising Nation states as to how to best attract the Nomads. Maybe already are. Would be a very interesting topic "If I were a Nation state, I would do these things to attract nomads".
I think Thailand is good for those with an average pension. Fairly inexpensive and visa is doable if you qualify. If on a limited budget or too young to qualify for visa IMO not the best. On the other hand if looking for a bit more sophisticated lifestyle or looking for a place to do business IMO Thailand isn't the best either. But for a guy with say 2k usd a month pension who can park 25k in a Thai bank for a visa he could live very comfortably. Are Thais the most foreigner friendly or outgoing people, that's a different issue.
thanks for timestamping all of your videos. way to respect the viewers time.
Im Spanish and I tell you guys that Spain is a tax hell. I live in Sweden btw... I know what it is to pay taxes
An spanish living in sweden...woow boooi..at least sweden is well organized
I am Swiss and have the option to become a Spanish Citizen by origin do you think its worth it?
@@exelsiominecraftandmore1487 do you want to pay high taxes?
@@Horoscopephobia no but i dont think i have to just because i have a spanish passport i would keep my swiss one of corse
@@exelsiominecraftandmore1487 man think carefully
And spend some time in spain and research very well their conditions to get the passport
Good luck
If you're not too rich then Spain is a good place. I have been able to live here on $1000 a month and own my home with no mortgage. Wonderful weather, mountains, beaches and food. No tax problems for me, I don't make enough money. Property tax and insurance is very low. Healthcare is great. Sometimes it sucks to be rich lol!!
Spain is clearly not a good option. High taxes, bureaucracy, confiscation of assets... They will have a tough time attracting talented people or foreign investments/companies.
There’s not private property there tho
@@willc1294 I mean Spain. You can buy it but someone can take it invading.
THEN people justifiably complain they can't find a good job. They don't seem to realize that Socialism and Bureaucracy took their good paying job away.
Confiscation??!! Too exaggerated. Taxes and burocracy yes but I would never bet small things for the bigfest one: living a high quality of life in a serious city as Madrid of Barcelona. Spain all the way!!
@@willc1294 you are sick
I'm Spanish, and until the present Socialist/Communist government lose power, I would stay well away. From a lifestyle point of view, it's fantastic, from a financial point of view, it's a disaster.
Sounds like the United States of America now.
We NOW fear our government.
It cheated to gain control in the elections, threatens and hunts down citizens who protest (only conservative citizens), taxes us out of our homes and businesses, censors us, etc.
God help all of us.
I'm Spanish too, I am currently living in Canada as a student and building my online business in Estonia through E-Residency program. Do you think our country would dare to tax all the Spaniards living abroad?
@@josegonzalez-ro3se no i don't think so, it makes money in the short term but kills investment and leads to a brain drain that cannot be reversed
UK is the same way.... Seems like all these westernised economies are singing from the same hym sheet.
Well without good finances you can't live a good lifestyle. People are looking at this the wrong way around.
I have been to 81 countries so far, and lived in quite a few, and I agree with you that KL in Malaysia is a fascinating city and I loved it, it was a pleasant surprise, along with Vietnam and Taipei as far as Asia goes
Please do a 5 most under rated countries... I am stuck between Peru and Colombia myself once I retire from the Canadian Army.
I visited Peru in 1996 and was robbed by the police in Lima!!!
@@felixt1470 Peru was horrendous in the 90s. I think it is a lot better now.
@@person.X. yes Peru is much better now, best to check both out in person before deciding. Not a big fan if Lima, but cusco and arequipa are nice. Best of luck to you!!!
@Charles Yuditsky How is the lockdown situation there right now? On a scale from total authoritarianism to no lockdown at all.
@DeRiot: I totally agree with you. I love visiting Colombia, but will never take the plunge and live there. Panama City is similar enough to Miami IMO, it’s a wonderful place to be.
Whereas Spain is overrated, Portugal is definitely underrated !!
Yeah, i agree, Id read so much, about Portugal before i went, but Naaa, expensive, dark and not much joy in the people...parts are beautiful..but to live, no , give me the wild and golden humanity of Istanbul anyday
High taxes though but you do save in other ways there. Housing is cheap and it’s a beautiful country!
Shhhhh 😉
My million dollar condo is a little two bedroom two bath house walking distance from unpopulated white sand beaches and warm water. Oh, it was $80k. Low crime and very friendly people....
good, except in Philippines anything u get or import from abroad gets charged at 100% or more!! plus many of the cities and towns look mediocre at best, add to that the suburban ugly model of expansion. etc.
May i ask what island are you on?
I was in the Phils briefly last year but the bloody covid showed up so i cut my trip short.
The people are great there but i dont like cities and it will take me a while to see all the islands and towns there. Not a bad problem to have haha. Hope things will be back to normal this year for all of us.
@@drd3816 We are on the island of Bohol. If you want more details, we can figure out a way to PM. We are in a beautiful spot with no cites anywhere near....love it. I am glad to share info if you are interested...the main thing is, get FAR away from Manila. Once things open up again, fly into Cebu City directly, bypassing Manila entirely. You can use that as your hub. I can give you details in a PM if you want.
@@l.k.0235 It's a developing country. I would not run a business from the Philippines except something online. I have no problem bringing in what I need personally as "Household goods". We live in a small town with half a dozen white sand beaches walking distance away and a very low cost of living with no hassles. If you are looking for stylish master planned communities, they actually have some of those but NOWHERE near me, thank God.
That said, I am impressed with how well our little town spends its money, with a community center, tennis courts, a plaza and did I mention, a bunch of white sand beaches with lovely clear water? Overall, it is a relatively poor country, with pockets of wealth. That is why it is so inexpensive.
@@goeast12 Well, if you go to Metro Manila, it is like going to Chicago and well, you get what you get. Our island is safe and happy, and a world away from the Manila area.
Would love a 5 underrated countries vid as well.
👍
The list goes like this:
-Georgia
-Malaysia
-Colombia
-Serbia
-Armenia
He's already made some
@@commmentz522 Did you forget Georgia, Georgia, Georgia?
@@commmentz522 Armenia?! that country looks as bad as many parts of Albania & Tajikistan or worse! not to mention it's in a conflict zone area!
Serbia is my favorite spot. I'm planning a move to Novi Sad this year in fact. Best Food, Prices, People and Education for your kids is fantastic, oh and most ever speaks English. I've checked out many places across Europe, and Colombia and Thailand, and Serbia is by far the best for me!
From my memory, English wasn't that widely spoken in Serbia. In Belgrade airport at the information desk, they didn't speak a word...
I visited Portugal a few years back and decided it would be my future home when I retire early in 2 years(55). Unfortunately I’m hearing that Americans and Brits are flocking there in droves, and driving up real estate prices.... I’m afraid it will be “fished out” by the time I get to move.
Considering the Balkans now( Serbia, Montenegro,Slovenia, Bulgaria).
Also still looking into Colombia and Ecuador still. An American expat has a channel that raves about Paraguay but I don’t know a lot about it.
Anything to get me out of this insane asylum known as the USA!
Was just in Quito and I wouldn't recommend it to a)people above 50 or b) people who don't know Spanish. It's very high elevation, sketchy but very cheap. Cumbaya to the East (still technically part of Quito) seemed nice though and I would only consider that area, it's also 2000 feet lower then the Western part of Quito. Colombia is a lot nicer but still Spanish will make things a lot better.
Slovakia or Poland are great too.
I have been researching Portugal fro several years. No more tax free for retirees. Now 10% The migration plan can be tortuous to travel. Also, must file yearly taxes. Amongst highest prices in EU for gasoline, electricity. Behind the cure on EV charging station support. Vat + 23% Restrictions on where you invest and bank to keep taxing you. Net Net a pretty in your face government. No freedom here. Beautiful country, good people I have heard. I question why they have the 5th highest covid case rate. Keep in mind that they are a member of the PIIGS countries in the EU and all all on austerity. Not conducive to high value return on you money in terms of living. Good Luck.
lol you are flocking there, guilty too
Very informative post, Gabriel. And even if the research yielded positive results, it's important to actually visit the country and spend time there. I was there in the summer and I don't see it as a fit for me, and that didn't take the economics into consideration. But someone's trash is another one's treasure and vice versa.
We lived in Chile for 18 months. For the most part, I agree with your assessment. One thing that we found to be particularly bad in Chile was the food...boring with a capital "B." We had two excellent meals during the time that we were there and many that were disappointing.
@Joe Barone You're right. When I moved to Nebraska, I was taken to the best Mexican restaurant ever. The food was a little bit south of a TV dinner. I'll just leave with a small factoid about Chile. The national dish is the Completo. It's a hot dog with mayonnaise, avocado, and tomatoes.
you sound like you didn't go south. Most of Chile has only 5 options of meals, which is sold everywhere north of Puerto Varas. I also hated how they put pounds of sugar in literally everything. I actually lost weight living there. I wish we could've stayed down south, but glad we travelled from santiago downwards. It's better being pleasantly surprised at the end than overwhelmingly disappointed going everywhere else after being in Ancud first
South America in general food is really bad due to the ubiquitous meat eating culture but there are many ethnic restaurants to choose from if you can splurge a bit~~
@@benkim2016 The Uzbeks amd Tajiks also eat meat, potatoes, rice and onions Every dish consists of 2 of those ingredients, yet the food taste good as hell. Estonian food is almost always meat and grains, but it's good as hell. On the other hand, Latvian food lacks luster and taste, and they usually use more than just meat and a few other ingredients. It's not what they use, it's how they prepare it.
Agree 100% with your thoughts on Thailand's increasingly unfriendly visa policy. But disagree about the sophistication. Bangkok is 100% more sophisticated on the cultural level than KL. Symphonies, art exhibitions and international festivals.
Yes, he is always have bias in favor of KL, terrible food and unfriendly culture for foreigner to live in. If you have money to eat out in western restaurant it is the same everywhere but to enjoy the local culture Thailand is way better.
@@LiveAnotherDay24 he's just a shill saving a buck, his channel is directed to independent business workers, not people living their lives.
Been to both city but I prefer to live in KL, more charming, peaceful, green, organise.
I agree absolutely about Spain . I’m Spanish and my wife is belarussian , we move to Belarus because even we have not sea and we have worse weather here, we can give much better life to our son about education and we have here much more opportunities for any business and freedom . Funny because some people call Belarus like a dictatorship but here all business keep open and nobody looses job during pandemia , only country not locked down healthy people .
I agree that both Thailand and Belize are overrated. When I saw ads on the TV and the subway for Belize real-estate I knew the gig was was up. And Thailand has recently changed their immigration rules. You're videos are so informative. Thank you.
Would love to see 5 underrated countries. As for Malaysia, do agree but it's definitely very tricky to move there I think, and they've stopped the Malaysia second home program as I'm aware. During the initial lockdown, those who had this visa weren't allowed in which I found quite surprising, because what does second home mean of you're locked out of it during a time when it's most needed? Your content is great though , as usual.
@anamericaninbangkok Thailand is what I call a "value destination" for both tourists, expats and potential expats. Quite simply, if you have the funds, there are better, cleaner, less corrupt and more developed places to live with a greater political stability. Also, China has a huge amount of influence here (like it does in my countries). This is coming from someone who has lived in the country for nearly 30 years.
I love the place, however if I were an ultra high net worth individual, I would only live here part-time (at most) and would live elsewhere for the remainder of the time.
Thailand isn't what it used to be, my priorities have changed, the country has become oversaturated as a tourist destination and now there are more and more Chinese moving and visiting as well as Indians and Russians. The vibe is much different than when I first moved here and as a family man, the reason we stay here is because of the value (which is slowly diminishing), our kids are still in school, the friendly people and also it's fairly safe.
We are considering other places to live in the next few years.
This is why i LOVE your trifecta approach. Thailand is on my list of 3 I want to start my exploration, while two others on your list arent. And while I agree that Thailand is a little oversold in hype, it seems a very good gateway to comfortably get familiar with Southeast Asia. Just guess i will hop around Vietnam, Cambodia, and Malaysia as well. Then South America, then eastern europe. The adventure is about to begin!!!
Happy adventuring!
You should look at Romania
@@pumpxray will do! I think my first year is going to be bouncing every month to a new location
lol its not really HIS as people like Rupert Murdoch or others have been doing this for decades but yes it is a nice blend of stability and travel
@@yorkpa3767 Brasov Is the perfect city for nomads because you have very low cost of living and 1% tax on business incomes under 1 million in revenue. Plus there Is a nice real estate rental market in Bucarest with 6/7% rent income on house prices
TL: DW: Spain, Estonia, Chile, Thailand, and Belize.
The level of crime in Chile is disturbing. My friend had her purse stolen at a cafe. I received a counterfeit bill in my first transaction in the country. Others in my group also received counterfeit bills (one of which I accidentally spent). That said, the people are friendly and warm.
Thailand is expensive now.
@@mrkcur Hi fr: overtaxed NYC metro area...Litchfield County, CT...wow, scary...
@@TheCrusaderRabbits and there are demonstrations against the new king who is a playboy, the Thais don't appreciate.
Thank you.
Spain : Estonia : Chile : Thailand : Belize is nowhere I want to be. I am thinking Mexico or Turkey for the heat then Bulgaria for the ski season.
right on Belize, sucks too badly, even after so many yrs of supposed tourism & investments.
I understand you do not mind the dictatorship in Turkey...
Who the fuck cares about politics?
More like the opposite, you want a warm country in the winter and a chilly one in the summer.
One has to differentiate between countries which are great to create wealth and other countries which are great for rich people to enjoy a beautiful lifestyle.
If you are already rich you can enjoy Spain.👍🇪🇸😁
That's true if you have most of your money outside of Spain.
Question for Andrew - Could you please make a video on the top countries to go to if you want to recover your health and fitness ? Maybe discuss the cost of personal trainers and quality of food and facilities for example.
Puerto Vallarta, México
Great to hear your opinions on what countries are overrated. We've heard that Portugal is a much better alternative to Spain. We visited Belize last year and while we really enjoyed our time there I couldn't see myself living there.
I agree with you, Thailand has reached its maturity and is being overtaken by New countries which are competing to attract bigger shear of investment capitals by implementing New strategies. It reached the pick of its life cycle.
I would love a video on beach life options in Malaysia that are comparable to what Thailand offers. For a lot of us we don't care for the city and go for the beach or more natural environments. I'm curious what Malaysia has to offer in this way?
Thank you for your content! I have gleaned a lot of useful information from you even though I am not close to the net worth of your intended audience. You have helped me pick a country to move with abundant opportunities where I can start working on some start ups in my mid forties. Many thanks👍
The juice is worth the squeeze, I like this expression. I have never heard it before.
Is *not* worth the squeeze
It dates back to a letter from the Civil War.
@@lostandfound459 Interesting, I will look for it. I am always trying to improve my English sayings and phrases. Thanks!
Hey Andrew! Read your book, loved it! Thank you for doing this!
Thanks, Yuri! We always appreciate your honest feedback on Amazon.
@@nomadcapitalist Just left amazon review!
Absolutely right on Estonia. Just forgot to mention expensive high prices, horrible weather all year round, negative people, lack of decent customer service.
And the terrible dating scene. Had to go 'monk' the whole time I was living there for several years. What an awful experience.
@@toddjohnsen7996 My condolences. It's really THE most overrated country i have ever been too. There are many disfunctional places in the world, but, unlike EE, they don't have the audacity to pretend something they are not for many years. Glad this BS is getting recognized on the international level already.
I am planning to set up my online business (entirely online) through E-Residency program but not to live in the country at all (I am thinking in going to Panama instead) . Do you think is a bad idea to set my business there? How difficult is to open a bank account there?( I am European union citizen). Thanks for your info.
@@josegonzalez-ro3se i am not an expert on this. I heard the main problem with e-residency is difficulty opening and managing bank accounts. Banks have simply blocked many of such accounts or refused to open them, making the whole endeavor worthless. This illustrates typical Estonia thing-some trumped up facade which doesn't even work on the inside and nobody even knows how to fix it.
@@andreismirnov7200 Don't worry, but fortunately, it's being recognized at this point. Currently, I'm in Russia and things are going much better for me here. ;) I'm a biotechnology postgraduate student and fortunately this country has the infastructure and capacity to support things beyond online marketing hype.
*Chile is an expensive country to visit* 🇨🇱 🇨🇱 It's got nice landscapes in the Southern part (you should see this part of the country first), a descent nightlife in Santiago and it is relatively safe compared to other countries in Latinamerica 🇨🇱 🇨🇱 🇨🇱 but make sure you hang out with SOMEONE WHO KNOWS the area well, a local. Please don't forget this!
Thank you for sharing!
I would recommend that you stay down South. I put central Chile in the same boat as northern Mexico. Avoid it. Zero need to stay there. There are MUCH better and safer places within the same country. There's no need for a local Chilean as your companion down south, however, it may be your best bet in the central section of the country, esp. if you're of African descent (Black). My ex-wife, fiancée at the time is a white Chilean. I also lived in central Chile, and will go to the grave speaking wonders of Puerto Montt/Puerto Varas/Ancud region
Things must have changed a lot since the 90s. It was much cheaper than Argentina and I could find a guest house for 7 usd a night then.
Food was cheap as well like 1 dollar for a whole box wine and 2 usd for a meal like carne con palda etc.
Bravo, in addition to being a great story most importantly for me you are using two cameras correctly and on top of that, you actually paid attention to sound.
As an Estonian, I can say that yeah, the country is very overrated in that regard. I do wish that the tax was a bit lower but a bigger issue is that housing prices are going up way too much, at least in the capital where I live. It's good if you invested a long time ago or if you wanna own land in the countryside, but for anyone younger, that's considering moving here, I'd suggest going somewhere else. You'd get more bang for your buck in other places. Healthcare is pretty good, fast, and cheap, but that's the same in most of the EU.
“The juice may not be worth the squeeze”. Love it. Going to be my new “go to” comment for a while😂😂
Isn't Switzerland also overrated?
Andrew, first of all, thanks for sharing your thoughts with us. Much appreciated.
In your Videos, you never mentioned the quality of people where you want to live with.
I think you have to consider that into consideration, not just tax.
If people are not polite or not open-minded enough. It's not worth it to live there.
As a Golden visa resident in Spain, I agree with you if you live more than six months in Spain, but if you live less than six months a year, it is still the best place in Europe to spend your time in.
Not to forget taxhavens as the Canary Islands with the best wether
People are the same everywhere. For me Spanish people in Madrid were great but the ones in Barcelona weren't so. It depends on how you connect with each!!
Estonia is beautiful, tourist and business friendly but gets VERY COLD in the winter and days become very short with just five hours of daylight.
No thanks. 🥶
Not gonna lie, expected Thailand to make the list & there it is 😏
While the hype surrounding Thailand may never completely fade, the downsides keep piling up.
For the record, I used to live there from 2001-05. I moved to Cambodia in September of 2019.
Is Combodia great or better than Thailand ?
Any extra info about combodia and thailand ?
Thank You
Thank You
Thank You yah
I've stayed in Thailand several times since the early 2000s. It was never a good place to park your wealth, other than cheap prices and favorable exchange rate, which are both long since no longer true. A lot of comments below say Thailand is favoring Chinese this and that--that may be true of the government at this moment in time, but its certainly not true of the people. You'll find that Malaysia has much better infrastructure in almost every way, plus I'm impressed by Kuala Lumpur's tech scene, they have a decent amount of tech talent going on.
Prices are still cheap and Thailand all you have to do is get your butt out of Bangkok. Any area that's thick with foreigners is expensive Pattaya Bangkok
I had to chuckle at the pervasive griping of Thai cab drivers about Chinese tourists. They stopped complaining about Farangs, we were no longer the main irritant. Heh heh.
I agree with Thailand. The beer costs 5 usd at a bar in bkk, almost 3 or 4 times of Prague and 5 times of Cambodia!!
Only the food is cheaper than Europe~~ Massage as well!!
Hey Andrew............. Make a video on least bureaucratic countries to start up
I'm Belizean and totally agree on your assessment the things that are hyped are not really worth it. It's everything no one talks about that presents excellent opportunities for the 6 figure investor. Things like inland real estate, food products manufacturing, business services, logistics.....
I have two issues with Thailand. First is the de facto military government. That’s never a great thing. Second is the fact that you now have to have health insurance underwritten by a Thai company. I priced it out for my wife and me, and it’s $5k per person per year based on our being over 65 . Any savings in rent/housing gets eaten up pretty quickly at $10k pe4 year.
i'm 71 i pay 46,000 baht a year for health insurance over 1 MM baht coverage..did you shop at all?
I have a non-immigrant Ovisa we are not required to have health insurance until recently we have to have Covid insurance which is a waste of $1000. Health costs in Thailand are pennies on the dollar I find it much cheaper to deal with health concerns out of pocket. Is someone over 65 if I get sick I’ll go home to the US and rely on my Medicare. Thailand is still a bargain as far as I’m concerned
@@gregh7457 health insurance in Southeast Asia is pretty expensive almost as expensive as it is in the rest of the world. But why should it be when the cost of Healthcare is pennies-on-the-dollar it makes no sense it's a money grab and a waste of money to boot
Armenia is underrated, altough they have good and easy residence permit possibilities and the taxes are also low.
I am not a High Net Worth person, but I did go to both Chile and Belize with the idea of relocating. I didn't like living in either place. Chile was boring and Belize felt extremely dangerous to me. Murders seemed way too common and were no longer confined to Belize City. (They were seemingly happening all over the place as recently as 2019). I'm in Cambodia now.
Where did u go in Chile? And how long?
@@ilovetyraandnaomi I was in Santiago for 4 1/2 months in 2017. I also travelled to Valparaiso, (which had character and was likeable), Concepcion, and Puerto Montt. I found the prices really high, and with my income, it was hard to get by. It was also very polluted (not just in Santiago.) If I had been fluent in Spanish, and had been a high net worth person, and... if I hadn't arrived in their winter, perhaps, I wouldn't have left so fast.
@@exploringdimensions4all853 It's funny that you say that Valparaiso is likeable, among the cities you mentioned it's the one I dislike the most (mostly due to a dirty environment and crime). At any rate the best places in Chile are not the major cities really. You are right that Chile is not cheap, it's pricey for Latin America (not a cheap tropical country with people walking around with bananas on their heads that some foreigners imagine when it comes to Latin America) and so you are paying for a somewhat more developed country.
@@jamesrenaud592 I hear you! I fell in love with the art on the hill. Otherwise, yeah... dirty and crime ridden.
Of course Chile will be boring for someone who is expecting to see tropical environment, with happy people dancing salsa the whole day in a city full of colored houses and tradicional food. Chile does not fit with this stereotype simply because it is not located in a tropical climate. This is a semi-cold environment and the people is "boring" in places like this. But that is the way we like it.
Glad you included Estonia, do I need to say any more lol. You guys all know my opinions on Estonia, speaking of Estonia we just got showered with snow here the past week, been a very cold and snowy month here, great for skiiers and winter enthusiasts lol. Estonia was the kind of country to go to 10 years ago, currently we are more on the back end of the wave of great years this country experienced for a nomad scene.
The eresidency is supposed to be a 'Bureaucracy haven'' rather than a tax haven. its an EU country so its not going to be able to be innovative when it comes to taxes. Although you dont pay any taxes on earned profits as long as you reinvest in the business, which is great! and they do make it REALLY easy to run a business, compared to France or Germany, which are nightmares.
I'm curious on your thoughts concerning Taiwan. Is this a place that appears in conversations often or is China too much of an issue?
Biden changes everything!
Living there now. It's a hidden gem, no doubt about it. Problem is the future is unknown because of the CCP.
In Taiper everyone seems euphorically happy. Really nice people and we'll functioning city
I don’t think Thailand is overrated in any way, it ticks all the boxes. The only hiccup is the difficult visa system.
CCC what you doing over here?! Ready for you to return to Thailand.
Sorry Cheap, im thinking mostly real estate in my response. Ive been to Thailand multiple times, love it, which is why its on my list. I think Thailand will get the visa system right, eventually ;) and have to Love the Thai people, so nice!!
Get the Thailand Elite membership, it solves many problems. I've been a member since 2007, not a bad word to say about it.
@Bob Johnson that is rubbish.
@@Sharpslaw In regards to visas what all nations should do is create an ordinary visa that allows people to do everything except vote. The visa can be extended indefinitely as long as the person is not causing trouble and does not have an infectious disease. The individual should also pay a refundable deposit which would equal the cost of a return trip back which will be confiscated if the individual needs to be deported. the deposit would be returned when the person leaves the immigrations desk at the port of entry.
How about living for 1 year at a country and do that for 10 years: 10+ countries? (Versus living in one country to retire…)
Please do a video on armenian real estate and residence
its good for pig farming
A good alternative to Estonia is Lithuania, and their IT is really growing
Have you been to ANDORRA?
Correct and agree with your assessment of Estonia. The 'e resident' is really no resident at all- its marketing to get expertise and capital into Estonia. Having said that I got myself one because ...i wanted to say I had one... hey, there's lots of ways to waste EUR 100! In all seriousness, the only advantage I can think of to having an EST e resident card is that it gives you an EST personal code. This personal code makes it easier for you to get a prescription for medicine if you consult an Estonian doctor! And that's about it...!
They call it a ''bureaucracy haven''....
@@PureAlbania The reason to have a business is to ... reinvest in the business?
OMG...this is so true and validating for me. Thanks! Since I'm not a "capitalist" myself at least so far, I'm not necessarily a money-driven person (don't get me wrong here please), but I'm a nomad and have been moving to places that at some point there's a strong inner pull to move in to. All this to say that I came to Estonia this year because of that inner calling that I never really know where comes from, and starting to rearrange things to move my fiscal address here and being strongly puzzled - not understanding all the buzz around how tax friendly Estonia is/was. Really! And sometimes people saying 'oh, moving to Estonia, lucky you' thinking about the low taxes I'd pay and I was like "how come? I don't see any of that. Is it because I'm not into this field and I'm not seeing it properly? I'm gonna pay more taxes than in PT where I'm from (I also include the social taxes here and all the just/unjust way of paying it as a freelancer no matter if you have income or not in some cases, situation that in PT, finally, they started to do something about it) ... Anyway, just to say that I found your channel these days and this video was very important 'cause I've been feeling like a freak among the general opinion in and out nomad community about Estonia. Thanks!
Another great video
I think the people of Thailand are great, but I think now & in the future it will become more expensive with more rules & regulations.
"...the boringness of Toronto or Vancouver..."🤣🤣🤣🤣🤣🤣 Dead. Yup facts about these two cities where I lived...boring and expensive AF!
Can you perhaps give an update on Cyprus?
What happens when retirees don't get the pension they hope to have in 5 , 10 15 years later, usually that is some government policy issue like France raising retirement ages, not the problem of the country like Mexico, Puerto Rico, Nicaragua or Belize that you planning to retire in
If Spain had Bulgaria's taxes, I would be there yesterday. But their current taxation regime is a massive no no. Could be a nice idea to buy a holiday home there though.
Hey Andrew - what do you think of Portugal? Malta & Italy?
It’s obvious that Andrew doesn’t read the comments
@@63saruman It would be good if one of his 30 staff could at least... I know its' tough when you're a busy business person. I signed up to get help from him & his team & it took 2 weeks & I got a 1-liner email back after I filled out a very detailed questionnaire and it said: "What do you want us to help you with specifically?" - I found that quite annoying. Then I also replied to their notice about a conference and they have never emailed back.
He’s commented on all these places in the past. Italy is a brand name like Spain, why would you go there to live? Portugal is ok, but us very popular now. Malta is very expensive and has poor winter weather.
Whats your problem with paying taxes if you use the infrastructure of a country, make your money there and enjoy life?
Good point
Its the ridiculous amount of tax and paper work you need to do. There are countries that scare people away just by the stupid amount of bureacrazy they have.
Nothing.... it's a quality of life decision. I moved to Paris from Toronto... yes, taxes higher ..but quality of life is off the charts...
I have been thinking about Ecuador: The US dollar is the local currency. Have been watching a couple of expats UA-cam channel Amelia and JT. They have several videos and discuss cost and the culture.
not a good option, everything is expensive there
It is very cheap compared to the US or Europe, but its still a developing country. If you want to live in a healthy and calm country with decent facilities its great. But if you want all the benefits of developed nations than go to Europe but that will cost more $.
Thailand govt has openly said they want rich (Chinese) tourists, not nomads or retirees. Sad.
Great information. What about Portugal.
Good list but I'm still going ahead with Spain. The lifestyle and culture is enough. Money isn't everthing
👍👍👍💪😊
Moving there with my wife after pandemic cools off. She's a citizen so I have a path to citizenship. I need a lifestyle change from this life in America
I’m feeling the same way. , can’t think of anywhere better. when you remove the tax thing
Facts brøthër
i would personally stay away from any nation in NATO That is why i like Russia and China. AT least with Russia and China if you became a citizen you could run for president if you decided to.
Thank you for sharing your thoughts, Andrew.
We spent 2 months in Belize. The name of the country sounds sexy when talking with friends. Other than that, have to agree, overrated.🥂
@Bob Johnson Hi Bob, Where did you stay? It's possible that different locations could provide varied experiences.
We stayed on the small Caye Caulker.
In general, I think that there are friendlier, safer options available.
The tourist visa of 30 days was inconvenient for us. Mexico (as one example) in comparison offers a 180 day tourist visa for Canadians.
Each of us value different things, so what is best for you, is best.
How many other countries have you also spent significant time in for consideration?
My best advice is: look at more countries than you originally planned on, and spend more time in those countries than you think you need to. Try before you buy!🥂
Also rainy season=no bueno.
Belize sucks balls. it has a lot to improve. wouldn't even buy 1 property there even at $40,000 let alone $200,000.
@Bob Johnson In my opinion belize is really nice. people are nice, nature is wow, it's also safe in general just avoid Belize city!¡
people and places like cayo, orange walk and corozal are cool!¡ san pedro and other islands are good too but they are a little to much for me.
It would be interesting to know if any airports or countries left which do not demand the toxic covid tests!
After going to both Belize and Costa Rica I can't see why I'd ever return to Belize. I'm not into scuba diving which should be considered it's primary attraction. Land activities are two and three hour drives versus fifteen minutes in Costa Rica. I tell people that Belize is Costa Rica's kid brother.
Thanks for this comment
Andrew, what about places to store/park money, are there overrated countries? I don't mean investment, but store of wealth. Example: gold vaults are located in the old good places like London, Singapore, Zurich and NY. There is a reason for that. Wouldn't you buy real estate in those places, like many UHNWIs do?
What are your thoughts on the Phillipines?
I want a list of countries where you dont get jailed for weed. I love smoking weed. Hi from Brazil!
Look forward to your analysis of Portugal- which is becoming hot for U.S. and Canadians
Thailand is super overrated....and I live here...LOL
Watch out for the lady boys. ha ha
@LiveFrench4You it is more expensive than neighboring countries....the visas are a headache, starting a business is not as easy as neighboring countries, it is a huge hassle to move money out of the country...you will always be considered an outsider no matter how long you stay or ingratiate yourself into society
@Rene Media I am talking about transferring cash out the country not withdrawing cash from your bank
Thailand and Spain LOL I totally agree. Add Italy to the bucket
I also agree with him about Spain, I wasn't aware of the property seizures and he is the only person who has spoken about this. Me I won't venture out of my home country my family is here and that is very important to me.
Re Spain: you can lower your taxes if you also pay taxes in another country on the double tax treaty, eg the UK. If your dividends are taxed in the UK, they can't be taxed in Spain. UK tax threshold 12k, Spain about 4/5k so you get 2 thresholds where you don't pay any tax on.
Cape Verde is a hidden gem.. please look into it!
It's been on our list but very opaque.
Add Portugal to the overhyped overblown market!!!
Anyone under 50 contemplating Thailand as a long-term (more than 3 months) destination really needs to factor in the impact of a visa crackdown on their plans. Back in 2014 there were people who had clearly been using back-to-back tourist visas to stay in the country - a couple of days in Penang and voila - but suddenly found themselves forced to get on another plane with their freshly stamped visa and go elsewhere. Never assume that Thai immigration will be happy to see you, regardless of how much you spend in Thailand - particularly odd when the Chinese and Korean tour groups are so incredibly tight fisted, but the hotel industry clearly loves them
As someone who has haphazardly traveled to almost 70 countries, I wish I would have found this UA-cam channel years ago. The last few years I've started have more intentional direction to my investments, but these videos would have helped a lot. Thank you so much for posting!
Which is your favourite of these 70 countries you've been ?
@@healingviews2074 It's always hard to pick one favorite, but several at the top of my list would be Greece (specifically Crete), Zimbabwe, Georgia and Nicaragua. Those are all countries I find myself returning to again and again. :)
@@leslietaylorpdx People say Nicaragua so dangerous, lot of stealings and crime
@@healingviews2074 That's really true, but I've always just liked it anyway I guess. :)
@@leslietaylorpdx WHat's the point there ?
Thank you Andrew. I totally agree with you on Thailand especially Bangkok. It is way too crowded. Even Phuket has lost its luster. I have not yet explored Chang Mai so I reserve judgement there.
I was surprised with how much I liked Pattaya. Getting around is a lot easier and very cheap. Yes Pattaya has it' seedy areas but it's trying to become a family destination place, so it has the best of both worlds. Next time I'm there I'll stay by Terminal 21 in the Northern part (the South is the party area) I am not a fan of Phuket or Chiang Mai. Phuket, mafia presence, transportation... Chiang Mai's burning season is when it would have some if it's best weather. I like Bangkok but the traffic/ getting around is brutal.
@@2020-q1p Thanks for the info. I really like Pattaya too. I found a very good tailor there. Good to know about Chang Mai.
Chiang Mai used to be great. Friendly and reasonably priced surrounded by beautiful countryside. In the last few years mass tourism has flooded into the old city eroding it's charm. The best time to visit there IMO would be now before the tourist hordes return and the burning season begins.
Not to mention the heat factor !
@@2020-q1p Pattaya sucks. The beaches are so polluted with all the boats' exaust system everywhere preventing people from swimming or enjoying the place. Also almost everybody wants to change their sex and become a woman. So you have many ladyboys...
Thoughts on Belize for an American who will be drawing pension income from a US company? Good place to retire?
Sucks. Worst food,no variety in stores, everything imported, expensive, number 3 in world for obese people, stamp passport every month for $100.U.S,, miss a few days people have been put in jail and paid 2500 to get out,
Please do a video about immigrating requirements for Jersey.
Covid test at Newark airport
Thank you for your great suggestion!
@@relikvija Not NEW Jersey.
Right on about Estonia. Had lived there for several years. Had to go 'monk' the whole time as the dating scene was terrible. Economically, it wasn't so great either and of course, the weather was lousy. Gives me nightmares to this day thinking about it.
Can second that one mate. What a lousy place to live...
"Go monk?" What young man will put up with that for long? That would be a deal killer for most of us.
@@rons5319 I did in the pursuit of monetary wealth. And well, more or less, it's how I was raised that significant others were of no importance. I realized that was not the case. The girls there are absolutely terrible.
Funny thing about it is that I didn't leave that country with much money.
Is that what made you go MGTOW?
Viking?? I did not know you have another channel. By the way I am only planning to register my online business in Estonia but I would live in Panama once my business take off. Do you think Estonia is good just for setting up an online company? Can I open bank account there as an European citizen? Thanks man and I enjoyed watching your other channel.
Andrew , i have a question or two for you . How can i possibly get those questions answered is yhere a email or is this it , that is in these comment sections ?
My wife was actually mentioning Malaysia as a place to retire ... , which kinda surprised me.
Which best to do business & cheap in africa country
Bangkok is polluted and over crowded. But go to Chiang Mai it’s wonderful.
How has COVID affected the NC ?
Watch these:
ua-cam.com/video/Jd9qf5cnwdk/v-deo.html
ua-cam.com/video/iVxnEEwSkSE/v-deo.html
sir why dont u call antigua a tax haven, as its tax free for personal income tax, isnt it completely tax exempt for personal income tax
Thailand is great but they’ve made it much more difficult to be an expat in the last 15 years. Still a fantastic country and worth the extra hassle for many expats.
I agree its such a good country to hang out but yes the red tape is a huge pain in the arse
@Pui Yue Why because Trump got sick of the USA getting ripped off by China and started tariffing them?
@Pui Yue Wrong blame the Chinese and thai military dictatorship. All countries prefer wealth spenders.
One thing that would make me pick Thailand over Malaysia is the food. It's very personal so everyone will have different opinion about it and it's OK. Sun and beaches can be found in many places but the overall attitude toward food in Thailand does it for me.
Me too. The variety of foods is amazing. And there's food everywhere. Or, there used to be, before the pandemic. But since Thais are obsessed with food, I expect it to return. Less so in Malaysia. Besides, a lot of Malaysian food comes from Thailand, produce in particular. Most Malays refuse to work in agriculture. They get special treatment from their government, so they don't have to.
Wasn't it 6 and 7 figures entrepreneurs not so long ago?
Yes.
Your thoughts on Fiji Andrew?
jpvango - pretty sure you can't access it unless you fly private but I could be wrong..
Fiji seems a great place indeed, just a bit off the beaten path.
How long before your team are advising Nation states as to how to best attract the Nomads. Maybe already are. Would be a very interesting topic "If I were a Nation state, I would do these things to attract nomads".
I think Thailand is good for those with an average pension. Fairly inexpensive and visa is doable if you qualify. If on a limited budget or too young to qualify for visa IMO not the best. On the other hand if looking for a bit more sophisticated lifestyle or looking for a place to do business IMO Thailand isn't the best either. But for a guy with say 2k usd a month pension who can park 25k in a Thai bank for a visa he could live very comfortably. Are Thais the most foreigner friendly or outgoing people, that's a different issue.
mimicking other people is always a bad idea
Thankfully the countries I want to move to are not on the list.
The Flag you see in the picture is not Estonia's. It is Finland's flag.