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Nomadic FIRE
United States
เข้าร่วมเมื่อ 2 พ.ย. 2021
Don't Choose The WRONG Insurance. What Expats Must Do for Effective Healthcare Coverage Abroad
Here are the links you can use to compare prices for International Health Plans that fit your lifestyle:
#SafetyWing Travel Medical Insurance (best for short trips): link.nomadicfire.com/safety-wing-travel
▶Nomad International Health (comprehensive medical coverage): link.nomadicfire.com/safety-wing-global
▶My New Global Insurance (more affordable international plans): link.nomadicfire.com/international-insurance
I've been traveling for over 10 years as an expat with the wrong kind of health insurance. But I'm not alone.
"Over 60% of People Choose the Wrong Insurance For Their Lifestyle"
This year, I'm correcting that mistake, and I'm making this video so you won't make the same mistakes I did.
With health insurance soaring to over $ 8,000 per person in the US, many expats are doing the same thing as me and looking for better quality of care and lower healthcare costs overseas.
However, most expats make the mistake of relying on basic travel medical insurance, thinking it's enough to cover them long-term. But if you're living abroad full-time, that kind of coverage won't cut it.
In this video, I'll show you why travel medical insurance is not enough for anyone living abroad full-time.
I'll walk you through the essential differences between travel insurance and comprehensive international health insurance and why you need more than just emergency care when living overseas.
I'll show you what I'm paying now for coverage, and we'll shop together in real-time for what a new international health insurance plan would cost.
If you're a full-time expat, don't risk your health and wealth by relying on the wrong type of health insurance. Watch this video to learn how to choose the right global health insurance for expats living abroad.
TIMESTAMPS:
00:00 Most expats don’t have the right coverage overseas
01:03 Why choosing the right international health insurance is crucial.
02:41 Types of expat insurance: Travel Medical vs. International health.
04:09 Travel Medical Insurance- What is Covered?
05:21 Duration and renewal limits of travel medical insurance policies.
06:24 Geographic coverage
07:37 Insider Tip: Most common mistake expats make with insurance
08:50 What does a travel health plan cost?
09:57 Real cost quote for a travel medical plan
11:28 Why international health insurance is better
11:58 International Health- What is Covered?
12:50 True-life medical scenarios and insurance coverage differences.
14:43 Duration and geographic flexibility in international health insurance.
15:32 What does a worldwide health plan cost?
16:03 Real cost quote for a international medical plan
16:30 Cost Comparison: Travel medical vs. International health insurance.
___
🌎E X P A T V I D E O G U I D E S
Everything You Need To Know About Moving To Buenos Aires Argentina: th-cam.com/play/PLpddEbVB9ImwNJr8djgI80BOcHNIWUEjL.html
Guide To Expat Life In Mexico: th-cam.com/play/PLpddEbVB9ImwDx5kK7eCJpkjfQw3Zfz_i.html
___
🔵M Y B E S T - S E L L I N G E X P A T R E S O U R C E S
→EXPAT ESCAPE PLAN: Our 12-point checklist simplifies choosing the perfect country for your new life abroad! -get started today!
link.nomadicfire.com/escape-plan
→ EXPAT TRAVEL FINANCIAL APPS AND TIP: Streamline your money management abroad with expert insights and practical tips tailored for new expats! Stay compliant. Stay safe. Avoid scammers. link.nomadicfire.com/money-tips
→ My Amazon Best-Seller SUCCESSFUL EXPAT STORIES: Explore personal stories and practical tips of American expats who turned challenges into dream life overseas. amzn.to/3YfutOV
___
🟢Legally Reduce Your US Income Tax By up to 20%: link.nomadicfire.com/tax-home
___
🌐Join Our Expat Community- Connect. Collaborate. Communicate. Ask Questions. Get Answers. nomadicfire.com/discuss
___
🔴A B O U T M A R C O
Hey there! I'm Marco, the guy behind Nomadic FIRE-your go-to spot for all things expat life and retirement planning. Whether dreaming of early retirement or looking to live your best life abroad, you're in the right place!
I've been around the block a bit when it comes to money and living overseas. I managed to escape the US rat race to retire at 41 and have since been globe-trotting over the last 10 years to over 50 countries. My goal? To show you how to save, invest, and live in amazing places for a fraction of the cost back in the US.
My advice has been featured in big names like USA Today, US News & World Report, MSN Money, Yahoo Finance, and HuffPost. Oh, and I wrote an Amazon Best-Selling Book and was part of a financial independence documentary on iTunes. You can see more at nomadicfire.com/about#press
disclaimer: nomadicfire.com/disclaimer
#travelinsurance #expatlife #livingabroad #movingabroad #globalhealthcare #internationalinsurance
#ExpatInsurance #TravelInsurance #TravelMedical
#ExpatHealthInsurance #InternationalCoverage
#SafetyWing Travel Medical Insurance (best for short trips): link.nomadicfire.com/safety-wing-travel
▶Nomad International Health (comprehensive medical coverage): link.nomadicfire.com/safety-wing-global
▶My New Global Insurance (more affordable international plans): link.nomadicfire.com/international-insurance
I've been traveling for over 10 years as an expat with the wrong kind of health insurance. But I'm not alone.
"Over 60% of People Choose the Wrong Insurance For Their Lifestyle"
This year, I'm correcting that mistake, and I'm making this video so you won't make the same mistakes I did.
With health insurance soaring to over $ 8,000 per person in the US, many expats are doing the same thing as me and looking for better quality of care and lower healthcare costs overseas.
However, most expats make the mistake of relying on basic travel medical insurance, thinking it's enough to cover them long-term. But if you're living abroad full-time, that kind of coverage won't cut it.
In this video, I'll show you why travel medical insurance is not enough for anyone living abroad full-time.
I'll walk you through the essential differences between travel insurance and comprehensive international health insurance and why you need more than just emergency care when living overseas.
I'll show you what I'm paying now for coverage, and we'll shop together in real-time for what a new international health insurance plan would cost.
If you're a full-time expat, don't risk your health and wealth by relying on the wrong type of health insurance. Watch this video to learn how to choose the right global health insurance for expats living abroad.
TIMESTAMPS:
00:00 Most expats don’t have the right coverage overseas
01:03 Why choosing the right international health insurance is crucial.
02:41 Types of expat insurance: Travel Medical vs. International health.
04:09 Travel Medical Insurance- What is Covered?
05:21 Duration and renewal limits of travel medical insurance policies.
06:24 Geographic coverage
07:37 Insider Tip: Most common mistake expats make with insurance
08:50 What does a travel health plan cost?
09:57 Real cost quote for a travel medical plan
11:28 Why international health insurance is better
11:58 International Health- What is Covered?
12:50 True-life medical scenarios and insurance coverage differences.
14:43 Duration and geographic flexibility in international health insurance.
15:32 What does a worldwide health plan cost?
16:03 Real cost quote for a international medical plan
16:30 Cost Comparison: Travel medical vs. International health insurance.
___
🌎E X P A T V I D E O G U I D E S
Everything You Need To Know About Moving To Buenos Aires Argentina: th-cam.com/play/PLpddEbVB9ImwNJr8djgI80BOcHNIWUEjL.html
Guide To Expat Life In Mexico: th-cam.com/play/PLpddEbVB9ImwDx5kK7eCJpkjfQw3Zfz_i.html
___
🔵M Y B E S T - S E L L I N G E X P A T R E S O U R C E S
→EXPAT ESCAPE PLAN: Our 12-point checklist simplifies choosing the perfect country for your new life abroad! -get started today!
link.nomadicfire.com/escape-plan
→ EXPAT TRAVEL FINANCIAL APPS AND TIP: Streamline your money management abroad with expert insights and practical tips tailored for new expats! Stay compliant. Stay safe. Avoid scammers. link.nomadicfire.com/money-tips
→ My Amazon Best-Seller SUCCESSFUL EXPAT STORIES: Explore personal stories and practical tips of American expats who turned challenges into dream life overseas. amzn.to/3YfutOV
___
🟢Legally Reduce Your US Income Tax By up to 20%: link.nomadicfire.com/tax-home
___
🌐Join Our Expat Community- Connect. Collaborate. Communicate. Ask Questions. Get Answers. nomadicfire.com/discuss
___
🔴A B O U T M A R C O
Hey there! I'm Marco, the guy behind Nomadic FIRE-your go-to spot for all things expat life and retirement planning. Whether dreaming of early retirement or looking to live your best life abroad, you're in the right place!
I've been around the block a bit when it comes to money and living overseas. I managed to escape the US rat race to retire at 41 and have since been globe-trotting over the last 10 years to over 50 countries. My goal? To show you how to save, invest, and live in amazing places for a fraction of the cost back in the US.
My advice has been featured in big names like USA Today, US News & World Report, MSN Money, Yahoo Finance, and HuffPost. Oh, and I wrote an Amazon Best-Selling Book and was part of a financial independence documentary on iTunes. You can see more at nomadicfire.com/about#press
disclaimer: nomadicfire.com/disclaimer
#travelinsurance #expatlife #livingabroad #movingabroad #globalhealthcare #internationalinsurance
#ExpatInsurance #TravelInsurance #TravelMedical
#ExpatHealthInsurance #InternationalCoverage
มุมมอง: 164
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Just like the bowl of pho, Japanese Ramen here isn't up to its standard - the noodle itself is wrong. Nigiri isn't bad, but each piece is relatively small compared to what they should be.
Just moved to Buenos Aires can you let me know what the best way is to find an apartment in Palermo
slow down the video please. Too much movement, hard to follow. Good contents though
First, don't rent in Palermo or Belgrano. The prices there are overinflated
To understand what Argentina is like, first of all, one thing is its capital, Buenos Aires, and another very different thing is the interior. Argentina is a very big country, it is number 8 in the world and also the culture in general exists because many European immigrants arrived in the last century and the Italian culture is still there, which is why the way of speaking, the gestures, the family, etc. .
You did an absolutely fantastic job with this video Sir! I’m not one to leave comments, but simply put…you crushed it. I received a lot of value from this content. Thank you.
Hey Expats! I had a quick question for you. I've been planning to go to Buenos Aires and stay there for half a year. But when digging around for apartments and rentals, it seems many ask me a lot of requisites, guarantees, even insurances. And I've been so confused about what to do, I saw that AirBnBs are kind of at a relatively good price per month in nice areas of the city, around 600 to 800 in rent, which would be within my budget. Do you think this is a good choice? where do you find places to stay if not?
I might add that I thought rent was way cheaper than this, but it seems its not unless you go deep into the suburbs or rent a rundown, old apartment. Plus there's a lot of studio apartments that seem overpriced, I usually like having my sleeping space away from cooking, my work station and more
2K is the way to go I would say. Everything above that will give you a very very comfortable life, although it depends on your living status (single, with kids etc) and your expectations.
Im coming for a month ind the middle of December cant waut to experience it and possibly move
$5-$10 for Uber. Big Mac is $7-8 dollars... Salad is $15-20. For people who want to squeeze every dollar. This is not your city. Living to take the bus/metro and scrapping for cheap groceries to cook, there are better countries out there. Unless the pesosusd is 1500-2000 pesos to 1 USD. 1000 pesos is equivalent to $1. And everything is $8-20 range. Unless you want to eat empanada for a dollar every single day. Might as well stay in the U.S with these prices. I spend roughly $30-50 a day.. mind you I order Rappi or go out to normal places to eat.. from choripans to hamburgers it's $6-19 US dollar. Steaks are $25-30... You can just throw a dart into any other south american country and live like a king or queen than in Buenos Aires. Unless you want to stay in most nornal apartments with a weak ceiling hearing peoples footsteps. Or look for a real modern apartment with some density between you and the neighbors above
I think this is more accurate in regards to the cost of living in Buenos Aires. For a modern apartment you are looking at $1,100-$1,500. Eating out is EXPENSIVE! Steak dinner is $30 -50 USD before the wine and sides. It's no longer a bargain and you might as well stay in the US and pay the same prices.
This is the most description for BA right now in November 2024.
Please provide masseuse info?
Sorry but this is unwatchable ... nervous csmera and bad audio
Coffee with sugar is called "torrado", different way to prepare the beans (usually low quality) as compared to "tostado" which always is without sugar added. "Torrado" is banned in all of the world except for 7 Latin American countries. Coffee shops are not that rare, coffee shops (most have a small restaurant attached) like the chain stores Tienda de Cafe, Martinez, Havanna, Bonafide, Starbucks, they all sell coffee and if you know to find them there are always a few small retailers, just like in the streets Uruguay/Perón where you may find decent offers, and increasingly important is Mercado Libre (online shopping) - but read the next update, too! Update: Life in Argentina is getting increasingly expensive for people who hold hard currency like dollars of euros; the "dólar blue" is now at 1100 pesos, down another 20% and a mere 10% above the "dolar oficial"; prices go with the dollar, since every producer or merchant can sell at home or abroad. If you are used to live in luxury with 1000 dollars a month, now it is 1500 and there is no luxury included. One kilogram of Café Tostado now is 30 dollars and up, compare that to the 6-7 dollars I am used to pay in Europe and what I used to pay one or two years ago in BA. Argentinians fare even worse, 60% are now officially poor, income too low to pay the basic food basket after rent, electricity, gas, ... are served. The big supermarkets are lined across the city borders, where the Provincia de Buenos Aires begins, and they are called hipermarché - but as stated correctly, the local small businessmen are quite cheap compared to specialty shop all over the world, they are struggling to survive in the harsh environment. Hugs ... the one hug may have been out of fashion after COVID - but if somebody gives two kisses he may come from a province, even three depending on where the people come from.
Sir, it it easy to open a bank account there ?
Honestly have never found the need to. They can only give you the lower official exchange rate.
@nomadicfire but as least I can just swift transfer in my USD to it and withdraw cash, right ?
Actually no. The international transfers into an Argentina bank get automatically converted into pesos. This is as of early this year when I looked into it. Melei is making fast changes, so things may have changed since, but I have not heard of any relaxation of this particular rule.
US health insurance actually DOES cover emergencies while outside united states, as required by law. Read your policy documents. Its usually pretty cheap to pay out of pocket for non-emergency care. Dont waste money on travel medical insurance.
I disagree. I would say US health insurance typically DOES NOT cover you outside the US. I do agree people should read their policy docs. However, I have only come across one US plan that does. Typical Medicare or ACA plans absolutely do not cover you, except in very very very limited edge cases. So I am unsure where the statement "required by law" comes from. Do you have a source to share? www.medicare.gov/coverage/travel-outside-the-u.s
If Buenos Aires it's getting expensive for digital nomads and 1st world tourists, I cannot imagine how locals and worker class are.
I agree. I fully realized that my complaints about prices come from a position of privilege as an expat with foreign sourced income.
the situation in argentina is getting better... VERY slowly......
$50/mo for health insurance? I'm Argentinian and I'd love to pay that amount! Wife and I, both around our 60's, are paying $330 for both of us, but it's a good plan, I mean, I have ALS and they're covering in house hospitalization with UCI level mobile bed, patient crane, wheel chair, respiratory support, 24/365 caretakers, 5 sessions per week of kyne, 2 of occupational therapy, all the supplies and meds covered in full, after spending 5 months in UCI without any extra charge. I had this insurance for more than 20 years and hired it when healthy, as a prior no one would take me (but I had to file an injuction request for the court to order them to cover me in full this way). But then, you're a healthy guy and probabily $50 travel insurance covers your needs. A friend of mine from the US wants to retire here, her budget would be around $1500 and she's falling short due to health insurance cost, for someone with health issues that will require asistance and treatments. Dropping her insurance in the US would let her pay an insurance like mine here, although priors could make it more expensive, yet cheaper than what she's currently paying. Could you tell me what's covered by those $50/mo, and if you have an idea of other plans or local insurance companies' requirements? Thank you.
I have since switched off travel insurance for the reason I detail in this video. th-cam.com/video/KG_VS3WzoDs/w-d-xo.htmlsi=PyGxzBIFB4CNrL9K
Did you make a video on how you manage the finances? As in move money from your home country to Argentina?
Depends on how much you are talking about. For our monthly expenses including rent, you can see our video here th-cam.com/video/9TiGpoP3VZU/w-d-xo.htmlsi=BD8BYZ6YJo44XBkE
watching all these videos leaving the US seems absolutely impossible. I am an old woman I'd be living there alone. I don't speak Spanish. Oh no oh no. Do I have to stay here with Trump? He's going to kill us all.
If you think language is an issue, I would recommend retirement in the Philippines. It was a US territory for 50 years and English is an official language of the country. Additionally, unlike the US, we have a culture of respect around seniors. Filipino culture deeply values and respects the elderly, emphasizing family care, wisdom sharing, and community inclusion.
Does it help with a visa stay if you already have a bank account in Mexico? How hard is it to open one from the states?omg what? 2 SIM cards? you have to switch them out?
My phone has two Sim slots, so no swapping necessary.
Does it help with a visa stay if you already have a bank account in Mexico? How hard is it to open one from the states?
A bank account is not necessary for a visa. They are two different processes.
what do you do if you have a lot of luggage because you're moving to Merida? Can the private cars pick up at the airport?
Lots of luggage is not issue. Just inform the company beforehand, so they can ensure a vehicle with enough space. You can use this company for reliable English speaking private drivers. link.nomadicfire.com/airport-pickup
If you get an Argentina girlfriend ...... you save half your money , locals always know better
True, but my current Austrian girlfriend wasn't happy with that idea 😁
So bring crisp new $100 bills to Argentina and where should I go to exchange them?
Depends on where you are staying. If you are in Palermo Hollywood, I have some recommendations.
@ I’ll be in Palermo, 1 mile from Palermo Hollywood
Argentina is the only country in the world (Uruguay is 2nd in the list) where you can eat the best meat in the planet at an affordable price daily and buy it within walking distance from your home.
100% agree!
I spend about $3k USD a month for a basic western life. Nothing extreme. I could cut it to $2.5k but that's about as low as I could go.
Really? Are you paying as an individual or family?
@@nomadicfire I am a single male with no children, no live in partner, and no vices. I do go on dates here and there and do typically cover 100% of the date (restaurant, venue, transportation, etc). But that's not much each month ($200-$250).
May I ask what your housing situation is like? One bedroom? Two bedrooms?
@@nomadicfire Two bedroom. In Palermo soho. One of the bedrooms is really small though so it is used as an office.
Super helpful! Love all your videos. I lived in Argentina 87-89 and now planning to return to spend 3 mos, Jan-March 2025. I had no idea you could even buy dollars in Argentina with USDT until I watched your video. Every one of your suggestions is much appreciated. Could you please recommend some WhatsApp groups for USDT? Thanks!
Here is my WhatsApp. Send me a WhatsApp and I'll share the group. link.nomadicfire.com/whatsapp
Some expat video recommend paying the fine. So why you said you strongly discourage it
For me, I consider myself a guest in the country and would like to follow the laws. Also, what happens when you fill out a visa form in another country and the form asks "Have you ever overstayed your visa in another country?" Do you just lie? Argentina makes it easy to stay legally, so I prefer doing that.
@nomadicfire Sir, thanks for your reply.
investment Buy Citizenship Program ?????
I've found the Google Maps link to the best Western Unions in your blog post but can't seem to get any list for the Belgrano area? Also I think I read somewhere else that sometimes the staff ask in Spanish if you would like to 'tip' them and if you don't understand the language very well (like me) they will deduct some money for this? Any information you can offer about these things would be great Thanks
I put this Belgrano location on the map Western Union La Pampa 2451, C1428 Buenos Aires, Argentina
Also I have never been asked for a tip and always received all my money. I wouldn't worry too much. Just make sure you have transfer information.
Nice video but next time let your girlfriend do the talking.
I'll try. She's better looking.
Very professional and detailed video! May I ask based on your experience, how early should I arrive at terminal the latest? It’s recommended to arrive 2 hours early, but is 2 hours too much considering I have a tight schedule that day? Thank you!
I would say that 2 hours isn't necessary, but I don't know if the lines get longer. Like an airport, you'll need to go through Checkin lines, plus immigration lines for both Argentina and Uruguay.
Single expat in BA Palermo spend approx $1,000 p/mo, mostly cook for myself, do not party, clean my own home. Always have gym membership and occasionally go to theatre. Monthly expenses vary p/person but $1000 p/mo is definitely still very doable.
Nice! May I ask what your housing situation is like? Studio? One-bedroom?
i think you are wrong..the dentist will not kiss you..we kiss friends and family..when the guys meet a women ..they will kiss her...but not will kiss a guy they just meet
This literally applies to the people of Buenos Aires, the other provinces have different customs, traditions and other things.
Informative video. If I send money to have X pesos to be picked up at one of the WU outlets, does the local outlet charge fee/commision on the amount to be collected? If so, approx what's the % or amount?
Nothing additional. The only fee is one you pay on the app.
$50 USD a month for health insurance is a great deal - what provider do you use?
Use the broker below. I had a travel medical plan with $500,000 in coverage and a $2500 deductible. I'm covered in something like 165 countries, but that excludes the US. link.nomadicfire.com/travel-insurance However, I just changed to a comprehensive international health insurance this month. If you want to understand why, my newest video explains th-cam.com/video/KG_VS3WzoDs/w-d-xo.htmlsi=6EWhG7-WXa47KRdw
EXPATS?! 😂 more like IMMIGRATING!! If Mexicans moved to another country would they be called EXPATS?!
Great viedo. Two things that sounded odd. In Buenos Aires the average english level is very good, much better than in all of southern Europe with the exception of Portugal and second punctuality varies quite a bit about half of the people are very sharp on it the other half you can write them off.
Dude, LOL theres almost a coffeshop in every corner of Buenos Aires!
Ja. I love the coffee shops in BA. I was specifically talking about trying to find beans at the market for home brew.
Hello! I love your content. I will be in Buenos Aires in early December. Could you share the name of the massage place? Thank you!
Sure. WhatsApp me and I'll share her contact.
@@nomadicfire Thank you! What is your WhatsApp number?
Una muy interesante descripción del choque cultural. Me causó gracia lo de las baldosas, he de destacar dos detalles, uno es el problema de las raíces de los árboles, literalmente rompen no solo las veredas/aceras, sino también las calles, y si no rompen los bloques de concreto los desnivelan, siguiendo en esta línea, los días de lluvia, tienes que tener dos mapas actualizados en mente, uno es el recorrido que debes hacer y el otro es dónde están los baches para evitarlos y no romper el tren delantero de tu vehículo, es como recorrer un campo minado; el segundo problema que hacía referencia, es la calidad del mortero para fijar las baldosas al piso, que no siempre está a la altura. Con respecto al grano de café, una característica que se introdujo a la Argentina es el grano torrado, que es el grano recubierto de caramelo y presenta un color negro, en lugar del tradicional marrón del grano tostado
Did you move from Buenos Aires?
Currently in Budapest for some dental tourism.
How can this guy live there and still butcher Buenos Aires?
😂 Yeah, my Spanish pronunciation is crap. My girlfriend makes fun of me, but I swear I'm trying.
@@nomadicfire lol it’s funny bro
oh damn...dinner went from $4 to $6. My dinner in NYC is $100
Agreed. It's all relative. I'm also not trying to warn New Yorkers that $1000 a month is not enough to live in NYC :)
You can do all of those thing for less than 1000 usd OUTSIDE Palermo
Agreed. But there are always trade offs. Which barrios do you like best?
Safety Wing Travel Medical Plan Details- link.nomadicfire.com/safety-wing-travel
such a budget is enough for six months in Algeria
Which one? The $1000 or $1500?
@@nomadicfire 1500$
Tell me more about Algeria. I've never been. What cities do you recommend similar to Buenos Aires?
@@nomadicfire Algiers (the capital) 140 $ for a 3-bedroom apartment, 0.2$ for a metro or tramway ticket, 0.15 $ for 1 Litre of gasoline, the prices of many essential goods are sudisized by the Government.
What's the quality of life like in Algiers? I only lived in two places in Northern Africa, Marrakech and Dahab.
Thank you very much again for the good information. Do you mind sharing the P2P contact .
Sure. Send me a WhatsApp and I'll add you to the group. wa.me/+17022132132
Very good video. Thank you very much for the information.
Glad it was helpful!