How many of us have courageous ancestors who left their home country for a better life that WE benefit from. Show that courage to your grandkids & generations
I did 24 years ago for the sake of my children from Asia to America. Currently I don’t have enough money to move around, therefor I’m debating…which country fits my budget. The devils at party, not only in America but all over the world. I still love America 🇺🇸, great county although some states have been becoming so messed up. God bless America and all of us!
@@Ngan-zy9kd For Cambodia, a visa on arrival can be gotten for $35, and then easily extended for up to 9 months, then have to leave the country, and can do it all over again. OR... if over 55, the initial visa can be extended into a retirement visa with NO CONDITIONS (just have to be over 55), for around $300 per year, indefinitely.
I’m one of the few who HATES hot and sunny weather. I prefer four seasons. I suffer from a severe anxiety disorder and heat triggers my anxiety, so that’s another reason.
I finally grew some balls about a year ago and moved from the UK to Korea and its so much nicer here and i plan to maybe spend a few years in Australia. Life has changed forever for me and the world seems more open to me and im more free.
I am tired of all the endless drama between parties in the US. It gives stress that is not needed. I'm so excited to get out later this year. I completely agree with Andrew on his mindset it's just so true. I'm not loyal to any country or company. They dont care about you. Find a place that has a good lifestyle for you to live a happy life.
The USA isn't what it was 50 years ago. I want to get out. I want to travel and explore.. and find the places that fit me and my life. 3 mos at a time sounds good.
The USA is filled with nature. Go out into nature. The urban centers are the problems. They are nothing compared to the vast wilderness all over the nation. Nature is healing, soothing. There are different people and cultures all over the nation. I find the southeast of the nation to be the most genuine and kind.
I agree with you 100% I have lived in 4 countries and over 10 cities in the past 25 years and I feel like i am just getting started. My kids are already exposed to that and love it. I always say that home is a feeling not a particular place 💯💯💯
You don't need to be millionaire to follow this kind of life, you can have kids, as long as you like doing it, you'll find a way. Changing place gives you also a different views of human beings and ideas to create businesses. Blessings from São Paulo this time Andrew.
Hi, im a high school student and I’ve been really interested in foreign service. I had a question regarding it and I hope you can answer it 🙏🏽. Can I for religious reasons refuse a post in a country/city that doesn’t have Catholic Churches nearby since for me its a requirement in my faith to attend weekly. Thanks in Advance
@@darkempire6050 I am actually not sure if you could refuse it or not. It is all based on the requirements of your country's foreign service postings. I suppose you would find Catholic Christian churches almost everywhere. I don't normally choose a posting if it doesn't fulfill my needs! Being nomadic is a means of sacrifice and having to live outside your comfort zone. Its not for everyone but for those who are willing to take the risks for rewards!
When l was younger, l prefer the metropolitan areas. As l grow older, metropolitan areas are less desireable. I can go where ever l want at where l am now. The green nature, the white beaches, diving or snorkling all here. Some people are attached to their hometown and like their creatute comfort.
I have 4 kids. Living in country #4 now, looking to make it #5 later this year. We do not have enough money to be one of Andrew's clients, not even close. We are just normal people, single income household. It absolutely CAN be done.
I don't have much money, but have always moved around. Lived in cities and rural areas. Spent the past few years living between Dublin, Ireland and rural France ( I am Irish). Now have settled full time in Dublin and miss rural life. Working on setting it up so I can rent my place out for a couple of months a year and go somewhere in the sun with a slower pace.
Moved from the US to Colombia 2 years ago and I'm never going back, permanently at least. I visit the US for a month or so here and there, but South America is much better. I'll be getting the Colombian passport in the next 2 years or so and I can't wait
I always get a kick out of people counting the number of countries they've been to, lived in. Same with US states. "Been to all 50 states!" like that's something important. Countries change. I've been to Vietnam 2 times. First in the early 1970's when we were trying to kill each other. And last year when we were trying to marry each other. What matters is the current situation in a country and for the individual. Another way to look at it is why can't a person find "the best place". It's the paradox of choices problem. I don't actually have to visit every country, every island, every city in SE Asia to pick a good spot. Then I make my life there. People wanting the place to make them happy is likely to be disappointed.
I love Andrew's channel big time. So many people come here and complain about money, poverty in their lives and so on. Some even come to criticise him, what ie really funny to me. If fact, he never monetize his channel, thats what most of people never appreciate. He is inspiration for some who willing to succeed. If you don't get it, curry on with wher you are
My husband and I are retired in the US and spend our whole life there. We love our country the way it use to be but things are changing and at our age we need to change to as hard as that might be. We have temporary residency in Mexico and spend a lot of time there. In a couple years it will be permanent. We at the present time, spending 3 months traveling around Europe and seeing where else we would like to live. We have already been to Spain and now in Italy. We are going to Croatia tomorrow and Eastern Europe in the coming months. Our goal is just like Andrew said, and live outside the US most of the time, maybe going back every 6 months for a month or so then heading to new countries. Slow travel is the new term and we are excited to explore. Thank you Andrew for you help with getting us off the pin and doing something about exploring this beautiful world.
I think it just depends on what you have to thrive in america. I can't thrive there due to a lot of things The stress disorder makes you tired all the time. I haven't been able to work forty hours a week since I was 17. I can't physically drive a car. The amount of money you need to live in america isn't possible I knew 20 years ago if I didn't live overseas.I wouldn't be able to pay back my student loans. I moved to a country where the. Tax rate is 6% There's no income tax , there's no sales tax I've never made a lot.So it took twenty years to pay back my student loans I have thirty more months to go As much as I love america , I truly believe Would not be able to make it there Visiting family Studying there no problem. Unfortunately , I have four learning disabilities so I couldn't major in something Large quantities of money Sometimes you just gotta go where the opportunity happens. ❤
Andrew, this video opened my eyes and definitely gave me an aha moment. Right now, I live in the US in two places and 2 months a year out of the country. When you talk about 3-4 areas and following to sun, is it best to own or rent. Love your content!
Great point. You've touched on a significant underlying reason people don't make it abroad. I live in Ecuador, but many North Americans can't make it three years here. I believe it is mostly just because it's hard to live differently. "Island fever" in Hawaii is very similar.
My son and I already have U.S. passports. I've recently gotten my Brazilian passport and am working right now on getting my son his Brazilian passport as well. Thinking about getting a place in southern Brazil and also the Patagonia region of Argentina. The US is going down fast, but things are looking up in Argentina. Time to "get out of Dodge."
I think it is one point of view. In other words, living among different countries sounds pretty tempting. Of course, it does. I did. Currently I live in one place. I am finding it peaceful and deep in full. I love it. Anyway I did try both. It is up to you. Nobody is wrong.
Great perspective as usual, Andrew. Once financial systems are more decentralized, all of this country hopping will be easier. We need full permissionless control of our own money.
Best video yet, Andrew! I love the passion. I’m balancing my time between Puerto Rico and California. I’m gonna start checking out Spain and other parts of Europe in the summer. I’m coming to see you I’m hiring your services when I’m ready to pull the trigger on the residence permits. Keep up the great work!
I'm from Singapore and have temporarily lived in Chiangmai for 2.5 years now, best adventure for my life and my kids. Yes, I'm looking to stay around different countries next stage in my life having Singapore as my base.
Your friend that spoke about the diner is exactly where I've been for the last few years. The employment market in Canada is horrible, I want to expand and see other places and find what is right for me. I appreciate your videos, keep up the good work!
"Godzilla is coming to Singapore!" Hahahaaaaaaa! I love it! Nomad Capitalist, you rock, dude! Thanks for all you do to educate us about things that matter.
Resided in 6 different countries, way easier to sustain the trifecta as an empty nester. Retirement goals will be Malaysia, Singapore, Australia & UK. Like you say follow the Sun!
On a Canadian retirement you could live in many countries with healthcare just as good or better with a much better quality of life and lower expenses…
Don't lose hope. A retiree from Canada can do it too. If your priorities are a better climate and community and less about a big house and property it is within your reach. Explore. Travel cheaply to find where youd like to live. Buses in South America are bountiful, COMFORTABLE, cheap and well organized. Europe, wait for a cheap fare to London the take the train anywhere you'd like in all of Europe. About property: I'm beginning to see if I had accepted just renting for the rest of my life I would've saved a lot of money. It's like a car. I can't get it through to myself that I don't NEED a car here. I am saving a ton of money not having one but as an American cars are in my blood. If you find a cheap but wonderful place to live, the mountains in Panama, for example, renting, without a car, I guarantee it is within your grasp.
Problem is that reality who farms, grows your food, and beef and chickens if you don't live in one country. It takes many years and even decades to develop an successful farm or ranch, you cannot just pull up the farm and plunk it down in another country by just rolling out an carpet outside
If you live in a stunning place like South Tyrol with the most beautiful mountains in the world with perfect organisation thanks to our autonomy from Italy … …. Stunning lakes and very near to the most beautiful places of Italy.. I think you would stay and tour the world for vacation…
If you own the 2 or 3 different places, might you raise the risk of squatters taking over when you're gone? What are squatter rights in other countries compared to the u.s. where if you go away for 2 weeks you might find someone else living in your house with more rights to it than you the owner.
I suspect that people who have 2+ homes are mostly into condos, where there is some security and access is controlled. I would never own a single family home in an unprotected sector that I only live in part of the year (strangers have direct access to my front door 😬) but yeah squatters are an issue. We own a 6 acre lot in Canada and possible squatters did cross my mind.
From experience in Toronto the condo only mildly deters squatters. Since so many condos have short term rentals there is access to the floors by strangers and they absolutely make their own "lease agreement" and take over condo units. I think keeping your personal life off the internet is one of the best ways to keep your property safe. Don't tell anyone where you are aside from those who need to know. I would also in future consider having a family member, employee or security service check on or stay in your property. For the condo we were advised (to little to late) to give notarized documentation to property management they you are not "renting" out your unit and no one is to be given access without emergency approval from a specific lawyer.@@Booboonancy
I'm no lawyer , but in Malaysia squaters could face the bulldozer , like in the days collonial , when. Otherwise the British common law allows ownership if they can prove 25 years residency. Usually before the bulldozer comes they register for a land swap , to be relocated to agricultural lands or rural bevelopments , with title. If he broke into the house to squat , that's a break and entry , it's illegal. Then again , a lot of empty properties along the coast road are signed for service apartments. Our problem are foreigners squating on land lots , again illegal. Or a stuborn cow refuses to sell his land parcell and you can see a two/three lane highway shrunk to 1 lane.
I been saying many of the same thing my whole life. Unfortunately, it has always been poorly received and understood back in NY where I’m from. Keep spreading the good word sir!
I like your point of view on this topic but I feel like the ability to live in many places depends also a lot on your expertise. For example, if you do some financial consulting 100% remote, it is much easier than for me. I work in automation and often, it is required to be close to production site. I could start my own buisness but I can't just do 100% of the things remote in most case so i feel like doing this in many coutries would be interesting but also be extremely harder than just another remote job. I wonder if you have any suggestion in how to appoach a nomad way of working also because I think it is one of the point that block the most people.
That same diner is not there anymore in most places. This was a great advice video. I’ve been on the fence about this for a while and now seriously considering what you are saying here.
I would love to live part time somewhere else but I don’t know what to do with my house in Los Angeles. I don’t want to leave it vacant or rent it furnished. Eventually I’ll sell and move overseas.
That's a valid point. The nomadic lifestyle can indeed pose challenges when it comes to providing stability and a consistent environment for children, especially in terms of schooling and building friendships. We'll be addressing this topic in an upcoming video, so stay tuned to our channel for more insights
As a former child, that moved eight times before I graduated high school I would explore all parents with kids, well adjusted to friends etc., stay put. Moving to the wrong place can destroy a child's life.
Also as a former child, I moved 9 times by age 12, 3 diff elementary schools, 4 or 5 states, 2 countries. As adult have done the small town stability lifestyle thing, probably compensating a bit for the moving around. Here is the kicker, my wanderlust is re emerging, big time. My wander training might come in handy with the way things are going these days.
I think if you're moving to the states you should have a good chunk of money. I needed no money when I moved place. I came in on a tourist Visa.I gotta work visa to teach english. I did this for twenty years and i'm going back. It's important to have good health because In america , you have to work at least forty to seventy hours a week. You have to think about transportation.
The one gotcha is that getting a residency permit isn't obligation free - it comes with potentially filling out a tax return which can equate to problems quickly. Having 10 residences available is great when the zombie outbreak happens but to get residency you tend to need to, by my checking anyway, have a place to stay that you are renting/buying. So no, I don't want 10 residency options if it requires having 10 separate homes (to maintain or rent). So pick a reasonable number, the 4/4/4 mentioned. Ok, four months in Ireland (by a scheme I imagine), 4 months in Mauritius (by a retirement scheme for instance) and 4 months in, I don't know, Thailand. In theory, I am non resident of all of them if I am only 4 months at a crack so no tax return BUT if I am 4 months that means I am over my typical 90 day limit for a tourist on one go so I need to get residency permit which entails potentially tax returns - also, to get those 4 month residency stays they will likely allow you all year but even though you are technically non resident on time stayed, you are resident by having the permit = tax return. Getting residency implies getting tax situated even if it is a minimal touch regime. So any country with residency based tax means you need to be really careful about spending even 3 months there (a tourist visa to NZ or Australia for instance) because if you want to be there for four you have to visa hop and leave and come back for your incremental month OR get residency permit (which won't happen in NZ or Australia). Then of course there is the residency 'tie' problem if places are taxed based on residency - if you are only 4 months no problem BUT if you have bank accounts (as advised) and a place to stay and a golf course membership you can be deemed resident and on the hook for global taxation. Its why I think its easier to think more in the 2 option place and they both need to be low tax places.
I am definitely not high net worth (maybe 500k in retirement account) and am probably outwardly the political polar opposite from you, but I really appreciate your videos because it is something I have been thinking about in retirement. I am 56, I work in tech and have the option to work remotely so I have been considering becoming a digital nomad as my children are out of the house in college. I think so many of us buy in to the trope that because the USD has been the leader and standard for so long that it will continue to be and that somehow that means we are still on top in so many other areas. So many other countries even in the throes of financial issues have far superior infrastructure. I took a vacation in Greece when their economy was tanking and they weren't sure if the EU was going to bail them out. I rented a car and was kind of expecting that their roads etc would be crappy but they were so much nicer than the US. I currently see the US really has no way out of their current strife, 1 half of the country thinks the solution is authoritarian because 'people can't control themselves' and God will bail them out and the other half believes in personal freedom but are so disparate in their financial solutions they ostracize the folks who are more concerned with financial freedom. I prefer the personal freedom side as that has been the standard to move forward in the West and our markets and worth of our dollar relies on that stability (no strongman can MAKE *free* markets do their bidding), it's all in perception IMO. So I love your take and really appreciate you offering your general advice for free on TH-cam. Though I can't use your services, the next time I'm talking to someone with over a million net worth I'll plug your business :)
Thanks for sharing your perspective. It's great to hear that you're considering the possibilities of becoming a digital nomad and exploring options beyond the traditional narrative.
def. second your thinking. I lived 12 years in Japan, one of the more difficult placements for a female, but would not trade it for anything, absolutely broadened my perspective, matured me, and changed my approach to life for the better. You might consider some physical gold/silver to hedge currency risks, depending. Or some of the international etfs or funds....but the best part will be the friends you make, the food and culture you experience, it will keep you young forever!
I'm a devout Christian but the Bible thumpers in the Bible Belt really scare me (lived there for almost 20 years). They definitely have an authoritarian bent to them. I started traveling a lot to Europe a few years back and was amazed how much more freedom they have (especially in Iceland). That's when I realized Americans have turned into control freaks. Never ending rules and regulations are rammed down our throats disguised as necessary for public safety and "the common good," and shenanigans are hidden under the guise of national security. The Founders must be rolling in their graves... especially freedom loving Thomas Jefferson.
I spent 20 years in Taiwan.I'm going back in august. I am hoping to go to japan one day I had the pleasure of living in japan taiwan and korea. They're great places to live
@@meggrotte4760 one of our favorite take-out restaurants in Tokyo was food from Taiwan, fabulous. Also met a few people from Taiwan decades ago on my travels and they were really great. I wish I had spent time over there before what appears to be war with China, TWT. Maybe we will luck out here in US and get more great immigrants!
Ive done the whole expat life, lived many countries. But to switch every 4 months to minimize any tax bill is not really living, right. Its hardly a quality lifestyle dragging suitcases to and from airports, etc. I may try the 2 country approach tho in time when I hang up my boots..
Single retirees with children grown and grandkids, and fear of no pain medication as I struggled my whole life and now Italy calls, how do i ?? Well if I lose the place I rent now in Canada, I will find it necessary to move or live on the street, pension too
Aren't respect, loyalty, service, etc... dynamics a two way street? Why would I give these things to a person or an entity that treats me with disrespect, offers less service, no loyalty?
To everyone saying you need to be a millionaire to live this lifestyle, you’re wrong. Maybe you won’t live in a mansion or a villa like this guy, but you can make a respectable living working remote with anything between 2-5K USD per month. There’s people from the US working basic customer service jobs remotely making $15 an hour living at a higher quality of life in Mexico, the Philippines, Thailand, etc… Stop thinking you have to be a baller. You just have to be financially responsible.
Hi, I think it might be even environmentaly more friendly to live in different places as you might not need to create artificially cooling or heating. If its hot go somewhere cooler and so forth . also follow the money and the good life too. Life is too short to be inflexible and unhappy. If your retirement is not enough in USA or where you live then go where it is cheaper, it beats living in your car. I enjoy your show thank you for sharing really valuable information . Nomad for almost 40 year and I love it.
Andrew, I watch and promote a lot of your content, but this one in particular resonates so well with me. Appreciate your candidness and logic on the subject, notably how so many of us formulate these imaginary, horrible "what if..." scenarios that sabotage us from making big moves for the better, by acknowledging and escaping the increasing oppression in our death-spiraling countries (Canada, in my case). Meanwhile, while we soak in our proverbial native pots and lie to ourselves that there is no better place, the surrounding water continues to heat up to the point that it inevitably boils us to death. Thanks for all that you do, and looking forward to meeting you at one of your events in the coming years, Andrew.
I really would like to hear your group's opinions of nomad gentrification! It's a subject of contention on social media, and a lot of the subjects in your videos align with the arguments made against immigration of premium income citizens to developing countries. I'd like to hear a response to this. Cheers.
What’s the real downside of wealthy people moving to your country (not en masse like the opposite is happening in the west, and they’re largely poor)? They buy a house the average person might not afford anyways, add capital to your banks, pay taxes and likely use far less government services than the average citizen.
Exactly. Additionally, the USA is comprised of states. Not all states are going the way of the trash bin. Additionally, it is nature that brings us healing and peace. There is vast wilderness all over this nation.
I am not a high income earner but much of his advice helps me and applies to all of us. Like in this video, preparation is something everyone needs to do. Mexico would be my first step. With so many Americans leaving, yes there has been a dramatic increase even though its not top news in the US, I heard Mexico has changed some laws for residency due to the increased demand. This trend will not change. Plan now, prepare now.
@@d.f.9064 There's so many people moving to Mexico City (Roma/Condesa/Polanco) that I can now understand why the locals are getting fed up, because now I'm fed up. I live in one of those areas and have decided to move to a lesser-known area to get away from all of them. They are embarrassing and have little respect. Airbnb is starting to regulate all temporary online accommodations here too, specifically for "nomad travelers".
this is a genuine man but the idea of nomadic capitalism is built on the anlgo-american presupposition that freedom of travel will always be afforded people. nomadic capitalism means that you will always be at the mercy of the transportation infrastructure that is accessible at the time. the advent of man-portable air defense systems means that a relatively small group of actors can close commercial airspace similar to how commercial travel in the red sea has been infringed upon. if there is ever conflict between larger nations in multiple arenas, a person might get one move or maybe two before a prolong conflict ensues which will likely shut down recreational travel in the manner that is necessary to sustain this type of living in perpetuity
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How many of us have courageous ancestors who left their home country for a better life that WE benefit from. Show that courage to your grandkids & generations
My great grandparents did and I'm reaping the benefits of it.
@@professordumbledore369 Many were desperate...great motivator...
Most of the white Americans, black Americans, Asian Americans did
@@user_cv8wysmstt black americans were enslaved by africans and then bought and shipped to America. Not really anything courageous about it.
I did 24 years ago for the sake of my children from Asia to America. Currently I don’t have enough money to move around, therefor I’m debating…which country fits my budget. The devils at party, not only in America but all over the world. I still love America 🇺🇸, great county although some states have been becoming so messed up. God bless America and all of us!
I've followed the sun for nearly 10 years and it's the best hack there is. Optimize your surroundings optimize your life!
You don't like skiing/snowboarding? You're missing out!
Nostalgia is a dangerous emotion, it will hold you back
It can be for some. Like everything in life, it depends on your perspective
Nostalgia for what? Opportunities you miss? Girls you can not afford? Comfort zone of mommy tits? What is nostalgia?
Move to a place just for money and never be able to integrate because always prefer native friends …
Yes I agree Nostalgia is dangerous
Yes I agree
I spend a third of my year in Asia. It's a great quality of life, no matter how much money you make. The people, the food, the services, the weather.
A third of a year in Asia sounds about perfect, weather-wise.
Where ya at bro?
@@Ngan-zy9kd For Cambodia, a visa on arrival can be gotten for $35, and then easily extended for up to 9 months, then have to leave the country, and can do it all over again.
OR... if over 55, the initial visa can be extended into a retirement visa with NO CONDITIONS (just have to be over 55), for around $300 per year, indefinitely.
I’m one of the few who HATES hot and sunny weather. I prefer four seasons.
I suffer from a severe anxiety disorder and heat triggers my anxiety, so that’s another reason.
I finally grew some balls about a year ago and moved from the UK to Korea and its so much nicer here and i plan to maybe spend a few years in Australia. Life has changed forever for me and the world seems more open to me and im more free.
I am tired of all the endless drama between parties in the US. It gives stress that is not needed. I'm so excited to get out later this year. I completely agree with Andrew on his mindset it's just so true. I'm not loyal to any country or company. They dont care about you. Find a place that has a good lifestyle for you to live a happy life.
AMEN!
Andrew, this might be the BEST video you've ever made. Bravo!!!!
The USA isn't what it was 50 years ago. I want to get out. I want to travel and explore.. and find the places that fit me and my life. 3 mos at a time sounds good.
The USA is filled with nature. Go out into nature. The urban centers are the problems. They are nothing compared to the vast wilderness all over the nation. Nature is healing, soothing. There are different people and cultures all over the nation. I find the southeast of the nation to be the most genuine and kind.
Go for it. I am born Canadian, and I haven't recognised Canada for 5 years.
that is my dream, but the wars worry me.
Amen I Wanna Travel As Well!
Me too but I graduated recently and have little money :/ I know other languages besides English though so that could help in the future
I have lived in Korea and Germany. Andrew is spot on.
Which one is better?
What months do you prefer to be in Korea and Germany?
@@skillfuldabest Korea: March-July
Germany: April-December
December is cold, but it's all about the Christmas markets all across Germany.
@@abdiellawrence397 December-February is great for skiing/snowboarding but December is also fantastic in Bangkok.
Sounds like you were in the Military
I agree with you 100% I have lived in 4 countries and over 10 cities in the past 25 years and I feel like i am just getting started. My kids are already exposed to that and love it. I always say that home is a feeling not a particular place 💯💯💯
That sounds amazing! Wondering how did your kids plan their school ?
You don't need to be millionaire to follow this kind of life, you can have kids, as long as you like doing it, you'll find a way. Changing place gives you also a different views of human beings and ideas to create businesses. Blessings from São Paulo this time Andrew.
Com o real está difícil
Absolutely true!
Fortunately I do live a nomad life. I move every four years as a diplomat. It really is fabulous!
Hi, im a high school student and I’ve been really interested in foreign service. I had a question regarding it and I hope you can answer it 🙏🏽. Can I for religious reasons refuse a post in a country/city that doesn’t have Catholic Churches nearby since for me its a requirement in my faith to attend weekly. Thanks in Advance
@@darkempire6050 I am actually not sure if you could refuse it or not. It is all based on the requirements of your country's foreign service postings. I suppose you would find Catholic Christian churches almost everywhere. I don't normally choose a posting if it doesn't fulfill my needs! Being nomadic is a means of sacrifice and having to live outside your comfort zone. Its not for everyone but for those who are willing to take the risks for rewards!
When l was younger, l prefer the metropolitan areas. As l grow older, metropolitan areas are less desireable. I can go where ever l want at where l am now. The green nature, the white beaches, diving or snorkling all here. Some people are attached to their hometown and like their creatute comfort.
I have 4 kids. Living in country #4 now, looking to make it #5 later this year. We do not have enough money to be one of Andrew's clients, not even close. We are just normal people, single income household. It absolutely CAN be done.
I am a single mother of 3. I will be attempting to move from our native country (USA) to Finland. Any advice?
I like how you used Cleveland at the beginning as the example of they city you don't want to die in.
I don't have much money, but have always moved around. Lived in cities and rural areas. Spent the past few years living between Dublin, Ireland and rural France ( I am Irish). Now have settled full time in Dublin and miss rural life. Working on setting it up so I can rent my place out for a couple of months a year and go somewhere in the sun with a slower pace.
Moved from the US to Colombia 2 years ago and I'm never going back, permanently at least. I visit the US for a month or so here and there, but South America is much better. I'll be getting the Colombian passport in the next 2 years or so and I can't wait
Is it 5 years to obtain it?
lol it’s the new move
Out of all the countries you pick Colombia 😮
@@Katzc22 my girlfriend is Colombian so ai had a reason
Hows safety? What city ?
The standard of living in the US and Canada has been stagnant since 1984. That should tell you something. Cheers from 20 happy years in Vietnam.
Totally Agree! The 🇺🇸 Is NOT What It Used To Be..
I lived in 4 countries so far! This week going to my 5th. I'm exploring to build the trifecta and understand taxes. I also love following the Sun
That's so exciting! Traveling and experiencing different cultures is such a valuable experience.
@@nomadcapitalist thanks for all the content
I always get a kick out of people counting the number of countries they've been to, lived in. Same with US states. "Been to all 50 states!" like that's something important. Countries change. I've been to Vietnam 2 times. First in the early 1970's when we were trying to kill each other. And last year when we were trying to marry each other.
What matters is the current situation in a country and for the individual.
Another way to look at it is why can't a person find "the best place". It's the paradox of choices problem. I don't actually have to visit every country, every island, every city in SE Asia to pick a good spot. Then I make my life there. People wanting the place to make them happy is likely to be disappointed.
@@waterbug1135uhh many people don’t really travel outside their bubble so
@@waterbug1135 there is a difference between travelling and fully living in a new country!
Honselty, more then the money or anything else, what appeals to me about all of this is the element of adventure. I want an adventurous life.
Agreed.
Well said!
I love Andrew's channel big time. So many people come here and complain about money, poverty in their lives and so on. Some even come to criticise him, what ie really funny to me.
If fact, he never monetize his channel, thats what most of people never appreciate. He is inspiration for some who willing to succeed. If you don't get it, curry on with wher you are
My husband and I are retired in the US and spend our whole life there. We love our country the way it use to be but things are changing and at our age we need to change to as hard as that might be. We have temporary residency in Mexico and spend a lot of time there. In a couple years it will be permanent. We at the present time, spending 3 months traveling around Europe and seeing where else we would like to live. We have already been to Spain and now in Italy. We are going to Croatia tomorrow and Eastern Europe in the coming months. Our goal is just like Andrew said, and live outside the US most of the time, maybe going back every 6 months for a month or so then heading to new countries. Slow travel is the new term and we are excited to explore. Thank you Andrew for you help with getting us off the pin and doing something about exploring this beautiful world.
I think it just depends on what you have to thrive in america.
I can't thrive there due to a lot of things
The stress disorder makes you tired all the time. I haven't been able to work forty hours a week since I was 17.
I can't physically drive a car.
The amount of money you need to live in america isn't possible
I knew 20 years ago if I didn't live overseas.I wouldn't be able to pay back my student loans.
I moved to a country where the.
Tax rate is 6%
There's no income tax , there's no sales tax
I've never made a lot.So it took twenty years to pay back my student loans
I have thirty more months to go
As much as I love america , I truly believe Would not be able to make it there
Visiting family Studying there no problem.
Unfortunately , I have four learning disabilities so I couldn't major in something Large quantities of money
Sometimes you just gotta go where the opportunity happens. ❤
Well Said, Andrew!....People change , Countries change.....Go with the Flow......Thank you....
Andrew, this video opened my eyes and definitely gave me an aha moment. Right now, I live in the US in two places and 2 months a year out of the country. When you talk about 3-4 areas and following to sun, is it best to own or rent. Love your content!
Great point. You've touched on a significant underlying reason people don't make it abroad. I live in Ecuador, but many North Americans can't make it three years here. I believe it is mostly just because it's hard to live differently. "Island fever" in Hawaii is very similar.
My son and I already have U.S. passports. I've recently gotten my Brazilian passport and am working right now on getting my son his Brazilian passport as well. Thinking about getting a place in southern Brazil and also the Patagonia region of Argentina. The US is going down fast, but things are looking up in Argentina. Time to "get out of Dodge."
Great video! We are just starting this journey. I love the way you think! Can't wait to meet you in Malaysia.
That was some of the best advice I have ever received. Thank you!
I'm glad you found the advice helpful!
The ONLY channel that makes sense and offers ideas/solutions. Thank you Andrew!
Thank you for recognizing the effort we put into providing valuable content!
This is one of your best videos, Andrew. Thank you for your continuous inspiration and hard work.
Glad you enjoyed it!
I think it is one point of view. In other words, living among different countries sounds pretty tempting. Of course, it does. I did. Currently I live in one place. I am finding it peaceful and deep in full. I love it. Anyway I did try both. It is up to you. Nobody is wrong.
One of the better episodes in months that middle income people can take away from. 👍
Great perspective as usual, Andrew. Once financial systems are more decentralized, all of this country hopping will be easier. We need full permissionless control of our own money.
Best video yet, Andrew! I love the passion. I’m balancing my time between Puerto Rico and California. I’m gonna start checking out Spain and other parts of Europe in the summer. I’m coming to see you I’m hiring your services when I’m ready to pull the trigger on the residence permits. Keep up the great work!
Thanks for the kind words! Exploring Spain and other parts of Europe in the summer sounds like a fantastic plan.
I'm from Singapore and have temporarily lived in Chiangmai for 2.5 years now, best adventure for my life and my kids. Yes, I'm looking to stay around different countries next stage in my life having Singapore as my base.
In other words, "Liberate yourself from yourself." 😊
It's really quite a challenge.
"free your mind" Morpheus to Neo
That's so true. I am my own worst enemy, self imposed limitations
Your friend that spoke about the diner is exactly where I've been for the last few years. The employment market in Canada is horrible, I want to expand and see other places and find what is right for me. I appreciate your videos, keep up the good work!
"Godzilla is coming to Singapore!"
Hahahaaaaaaa!
I love it!
Nomad Capitalist, you rock, dude!
Thanks for all you do to educate us about things that matter.
I would personally run to where The King of Monsters is at!
@@irvingflores4137, hahahaaaaaaa!
I grew up with Godzilla. So he feels like a best friend to me.
The Perpetual Traveler is an excellent strategy if you can do it. I would be hiding from the sun ☀ not following it. 🌨
Another great video brother 👏🏼👏🏼
Cheers from 2 Canadians 🇨🇦 living in Mexico 🇲🇽✌🏼❤️
Resided in 6 different countries, way easier to sustain the trifecta as an empty nester. Retirement goals will be Malaysia, Singapore, Australia & UK. Like you say follow the Sun!
Now I need to find a man in croatia I moved there atm love it. If things get too EU I'll go again...moment is positive and feels like 1990 still
So glad you are posting again! Love watching your show!
I love this video! Thank you Sir! Looking forward to my appointment with your firm.
I love the strategy sadly the pathetic cdn dollar and being retiree...may not make it feasible..but I wish you continued success 🎉 amazing strategies
On a Canadian retirement you could live in many countries with healthcare just as good or better with a much better quality of life and lower expenses…
Ask yourself : are you getting a good bang for your buck living in Canada ?
Don't lose hope. A retiree from Canada can do it too. If your priorities are a better climate and community and less about a big house and property it is within your reach. Explore. Travel cheaply to find where youd like to live. Buses in South America are bountiful, COMFORTABLE, cheap and well organized. Europe, wait for a cheap fare to London the take the train anywhere you'd like in all of Europe.
About property: I'm beginning to see if I had accepted just renting for the rest of my life I would've saved a lot of money. It's like a car. I can't get it through to myself that I don't NEED a car here. I am saving a ton of money not having one but as an American cars are in my blood.
If you find a cheap but wonderful place to live, the mountains in Panama, for example, renting, without a car, I guarantee it is within your grasp.
Problem is that reality who farms, grows your food, and beef and chickens if you don't live in one country. It takes many years and even decades to develop an successful farm or ranch, you cannot just pull up the farm and plunk it down in another country by just rolling out an carpet outside
Word
Yes, those with roots are the most honorable and appreciated.
Hands down one of the most insightful, motivating and helpful videos I've watched all year!
I just discover this TH-cam channel this week!! I am loving it❤. Very good advice😎
Welcome!
Inspiring and so true! I am planning to make that step this year finally! starting with Asia🤞thank you
That's amazing to hear! Best of luck with your journey, you got this!
@@nomadcapitalist thank you so much Andrew!! 😇 it means a lot.. 🥰
If you live in a stunning place like South Tyrol with the most beautiful mountains in the world with perfect organisation thanks to our autonomy from Italy … …. Stunning lakes and very near to the most beautiful places of Italy.. I think you would stay and tour the world for vacation…
If you own the 2 or 3 different places, might you raise the risk of squatters taking over when you're gone? What are squatter rights in other countries compared to the u.s. where if you go away for 2 weeks you might find someone else living in your house with more rights to it than you the owner.
I suspect that people who have 2+ homes are mostly into condos, where there is some security and access is controlled. I would never own a single family home in an unprotected sector that I only live in part of the year (strangers have direct access to my front door 😬) but yeah squatters are an issue. We own a 6 acre lot in Canada and possible squatters did cross my mind.
From experience in Toronto the condo only mildly deters squatters. Since so many condos have short term rentals there is access to the floors by strangers and they absolutely make their own "lease agreement" and take over condo units. I think keeping your personal life off the internet is one of the best ways to keep your property safe. Don't tell anyone where you are aside from those who need to know. I would also in future consider having a family member, employee or security service check on or stay in your property. For the condo we were advised (to little to late) to give notarized documentation to property management they you are not "renting" out your unit and no one is to be given access without emergency approval from a specific lawyer.@@Booboonancy
I'm no lawyer , but in Malaysia squaters could face the bulldozer , like in the days collonial , when. Otherwise the British common law allows ownership if they can prove 25 years residency. Usually before the bulldozer comes they register for a land swap , to be relocated to agricultural lands or rural bevelopments , with title. If he broke into the house to squat , that's a break and entry , it's illegal. Then again , a lot of empty properties along the coast road are signed for service apartments. Our problem are foreigners squating on land lots , again illegal. Or a stuborn cow refuses to sell his land parcell and you can see a two/three lane highway shrunk to 1 lane.
There are no squatter protection laws in non-Western countries as far as I know
intereting post, I have been thinking about it the last few months
Live in Medellin, watch you religiously - come visit us in the mountains
I been saying many of the same thing my whole life. Unfortunately, it has always been poorly received and understood back in NY where I’m from. Keep spreading the good word sir!
Well said!
I love this video topic. 💯
Jupiter is in Gemini ♊️ time to be nomad more than even before. The new reasons will appear in 2025
Thank you!
I like your point of view on this topic but I feel like the ability to live in many places depends also a lot on your expertise. For example, if you do some financial consulting 100% remote, it is much easier than for me. I work in automation and often, it is required to be close to production site. I could start my own buisness but I can't just do 100% of the things remote in most case so i feel like doing this in many coutries would be interesting but also be extremely harder than just another remote job.
I wonder if you have any suggestion in how to appoach a nomad way of working also because I think it is one of the point that block the most people.
That same diner is not there anymore in most places. This was a great advice video. I’ve been on the fence about this for a while and now seriously considering what you are saying here.
Please talk about the up and coming ETIAS requirements for the EU. Thank you.
We did; th-cam.com/video/L3b4plKgUV8/w-d-xo.htmlsi=KIHhAR57JxTsXZpa
I would love to live part time somewhere else but I don’t know what to do with my house in Los Angeles. I don’t want to leave it vacant or rent it furnished. Eventually I’ll sell and move overseas.
With children this nomadic lifestyle is a mess. They need stability, a school with friends, moving every 4 months is not that easy
Don’t follow verbatim what he says. Stretch it out one year if you can.
That's a valid point. The nomadic lifestyle can indeed pose challenges when it comes to providing stability and a consistent environment for children, especially in terms of schooling and building friendships. We'll be addressing this topic in an upcoming video, so stay tuned to our channel for more insights
As a former child, that moved eight times before I graduated high school I would explore all parents with kids, well adjusted to friends etc., stay put. Moving to the wrong place can destroy a child's life.
Also as a former child, I moved 9 times by age 12, 3 diff elementary schools, 4 or 5 states, 2 countries. As adult have done the small town stability lifestyle thing, probably compensating a bit for the moving around. Here is the kicker, my wanderlust is re emerging, big time. My wander training might come in handy with the way things are going these days.
I agree, we moved to 3 different countries in 7yrs & it was challenging. Children thrive on stability
I was born and raised in the Philippines 🇵🇭 and I moved to the USA 🇺🇸!.!.
LOL moving anywhere other than the Philippines is a better option. But the USA is also a sewer now.
@@mikerowe3849 The USA is huge. Not all states are the same. Not every city within a state is the same. There are countless good options.
I think if you're moving to the states you should have a good chunk of money.
I needed no money when I moved place.
I came in on a tourist Visa.I gotta work visa to teach english.
I did this for twenty years and i'm going back.
It's important to have good health because In america , you have to work at least forty to seventy hours a week.
You have to think about transportation.
This is such great advice, not just for financial benefit, but for one’s attitude to life. Many thanks for the inspiration!
Glad it resonated!
Congrats Nomad Capitalist on 800K subscribers!
Thank you! 😊
The one gotcha is that getting a residency permit isn't obligation free - it comes with potentially filling out a tax return which can equate to problems quickly. Having 10 residences available is great when the zombie outbreak happens but to get residency you tend to need to, by my checking anyway, have a place to stay that you are renting/buying. So no, I don't want 10 residency options if it requires having 10 separate homes (to maintain or rent). So pick a reasonable number, the 4/4/4 mentioned. Ok, four months in Ireland (by a scheme I imagine), 4 months in Mauritius (by a retirement scheme for instance) and 4 months in, I don't know, Thailand. In theory, I am non resident of all of them if I am only 4 months at a crack so no tax return BUT if I am 4 months that means I am over my typical 90 day limit for a tourist on one go so I need to get residency permit which entails potentially tax returns - also, to get those 4 month residency stays they will likely allow you all year but even though you are technically non resident on time stayed, you are resident by having the permit = tax return. Getting residency implies getting tax situated even if it is a minimal touch regime. So any country with residency based tax means you need to be really careful about spending even 3 months there (a tourist visa to NZ or Australia for instance) because if you want to be there for four you have to visa hop and leave and come back for your incremental month OR get residency permit (which won't happen in NZ or Australia). Then of course there is the residency 'tie' problem if places are taxed based on residency - if you are only 4 months no problem BUT if you have bank accounts (as advised) and a place to stay and a golf course membership you can be deemed resident and on the hook for global taxation. Its why I think its easier to think more in the 2 option place and they both need to be low tax places.
I live in Algeria and US.
I am definitely not high net worth (maybe 500k in retirement account) and am probably outwardly the political polar opposite from you, but I really appreciate your videos because it is something I have been thinking about in retirement. I am 56, I work in tech and have the option to work remotely so I have been considering becoming a digital nomad as my children are out of the house in college. I think so many of us buy in to the trope that because the USD has been the leader and standard for so long that it will continue to be and that somehow that means we are still on top in so many other areas. So many other countries even in the throes of financial issues have far superior infrastructure. I took a vacation in Greece when their economy was tanking and they weren't sure if the EU was going to bail them out. I rented a car and was kind of expecting that their roads etc would be crappy but they were so much nicer than the US. I currently see the US really has no way out of their current strife, 1 half of the country thinks the solution is authoritarian because 'people can't control themselves' and God will bail them out and the other half believes in personal freedom but are so disparate in their financial solutions they ostracize the folks who are more concerned with financial freedom. I prefer the personal freedom side as that has been the standard to move forward in the West and our markets and worth of our dollar relies on that stability (no strongman can MAKE *free* markets do their bidding), it's all in perception IMO. So I love your take and really appreciate you offering your general advice for free on TH-cam. Though I can't use your services, the next time I'm talking to someone with over a million net worth I'll plug your business :)
Thanks for sharing your perspective. It's great to hear that you're considering the possibilities of becoming a digital nomad and exploring options beyond the traditional narrative.
def. second your thinking. I lived 12 years in Japan, one of the more difficult placements for a female, but would not trade it for anything, absolutely broadened my perspective, matured me, and changed my approach to life for the better. You might consider some physical gold/silver to hedge currency risks, depending. Or some of the international etfs or funds....but the best part will be the friends you make, the food and culture you experience, it will keep you young forever!
I'm a devout Christian but the Bible thumpers in the Bible Belt really scare me (lived there for almost 20 years). They definitely have an authoritarian bent to them. I started traveling a lot to Europe a few years back and was amazed how much more freedom they have (especially in Iceland). That's when I realized Americans have turned into control freaks. Never ending rules and regulations are rammed down our throats disguised as necessary for public safety and "the common good," and shenanigans are hidden under the guise of national security. The Founders must be rolling in their graves... especially freedom loving Thomas Jefferson.
I spent 20 years in Taiwan.I'm going back in august. I am hoping to go to japan one day
I had the pleasure of living in japan taiwan and korea.
They're great places to live
@@meggrotte4760 one of our favorite take-out restaurants in Tokyo was food from Taiwan, fabulous. Also met a few people from Taiwan decades ago on my travels and they were really great. I wish I had spent time over there before what appears to be war with China, TWT. Maybe we will luck out here in US and get more great immigrants!
This is one of your best, and believe me, I've watched a bigly proportion of your videos. Excellent.
Ive done the whole expat life, lived many countries. But to switch every 4 months to minimize any tax bill is not really living, right. Its hardly a quality lifestyle dragging suitcases to and from airports, etc. I may try the 2 country approach tho in time when I hang up my boots..
It's not the place. It's the person.
Because no matter where a person moves, they are there, the same person. Nothing changes unless they want it to.
Wow, you blew my mind with this content. Thank you!
Single retirees with children grown and grandkids, and fear of no pain medication as I struggled my whole life and now Italy calls, how do i ?? Well if I lose the place I rent now in Canada, I will find it necessary to move or live on the street, pension too
Can you please discuss more Caribbean PR and citizenship options outside of St Lucia/Antigua/Dominica/Grenada/Cayman? 🏝️
Fear of the unknown is distorted and unconsciously named as "patriotism" or "love for your people."
Thank you so much ! Comes just at the right moment
This is your confirmation to RELOCATE! Been doing this for the past 18 months, if you want to explore the world, I say go💚.
Andrew you are the best inspiration for young lads. Thanks
Thank you! It means a lot!
Love your channel, and showing the world the options of living where we are treated best (to borrow your very insightful term) 😊.
Aren't respect, loyalty, service, etc... dynamics a two way street? Why would I give these things to a person or an entity that treats me with disrespect, offers less service, no loyalty?
To everyone saying you need to be a millionaire to live this lifestyle, you’re wrong. Maybe you won’t live in a mansion or a villa like this guy, but you can make a respectable living working remote with anything between 2-5K USD per month. There’s people from the US working basic customer service jobs remotely making $15 an hour living at a higher quality of life in Mexico, the Philippines, Thailand, etc… Stop thinking you have to be a baller. You just have to be financially responsible.
Hi, I think it might be even environmentaly more friendly to live in different places as you might not need to create artificially cooling or heating. If its hot go somewhere cooler and so forth . also follow the money and the good life too. Life is too short to be inflexible and unhappy.
If your retirement is not enough in USA or where you live then go where it is cheaper, it beats living in your car. I enjoy your show thank you for sharing really valuable information . Nomad for almost 40 year and I love it.
Andrew, I watch and promote a lot of your content, but this one in particular resonates so well with me. Appreciate your candidness and logic on the subject, notably how so many of us formulate these imaginary, horrible "what if..." scenarios that sabotage us from making big moves for the better, by acknowledging and escaping the increasing oppression in our death-spiraling countries (Canada, in my case).
Meanwhile, while we soak in our proverbial native pots and lie to ourselves that there is no better place, the surrounding water continues to heat up to the point that it inevitably boils us to death.
Thanks for all that you do, and looking forward to meeting you at one of your events in the coming years, Andrew.
Thank you. Looking forward to welcoming you!
You are 100% Correct.
Here in Florida the snowbirds are very unwelcomed . They are rude disrespectful angry. Native Floridians look forward when they leave.😮
I really would like to hear your group's opinions of nomad gentrification! It's a subject of contention on social media, and a lot of the subjects in your videos align with the arguments made against immigration of premium income citizens to developing countries. I'd like to hear a response to this. Cheers.
What’s the real downside of wealthy people moving to your country (not en masse like the opposite is happening in the west, and they’re largely poor)? They buy a house the average person might not afford anyways, add capital to your banks, pay taxes and likely use far less government services than the average citizen.
Your home looks Sublime.
The aesthetics are fresh and elegant.
That looks awfully like Majestic Hotel's suite in Kuala Lumpur where the last Nomad Capitalist event took place last year.
Sterile and clinical should never be conflated with “sublime, fresh, and elegant."
I needed to see this, it's hard to leave but I see them coming so I gots to move
Tax reporting is a nightmare when moving countries.
It’s actually quite simple and you can easily find a good consultant that will help and it’s not a big expense compared to potential gains 🙂
Being a nomad is a dream of mine.
Great video! Agree with everything you said here.
Someone once said.."its not where you are, it's who you are with"....not everyone wants to live like Andrew does...
Exactly. Additionally, the USA is comprised of states. Not all states are going the way of the trash bin. Additionally, it is nature that brings us healing and peace. There is vast wilderness all over this nation.
Can you give some advice on how to live a nomadic lifestyle for not so high income earners?
I am not a high income earner but much of his advice helps me and applies to all of us. Like in this video, preparation is something everyone needs to do. Mexico would be my first step. With so many Americans leaving, yes there has been a dramatic increase even though its not top news in the US, I heard Mexico has changed some laws for residency due to the increased demand. This trend will not change. Plan now, prepare now.
Here is the video about How to Leave Your Country for $1,000 or Less, hope it helps: th-cam.com/video/cY_nKiSszkE/w-d-xo.html
@@d.f.9064 There's so many people moving to Mexico City (Roma/Condesa/Polanco) that I can now understand why the locals are getting fed up, because now I'm fed up. I live in one of those areas and have decided to move to a lesser-known area to get away from all of them. They are embarrassing and have little respect. Airbnb is starting to regulate all temporary online accommodations here too, specifically for "nomad travelers".
@@nomadcapitalist Will watch, thanks!
New to the channel. So glad to have found it 👍🏻
Welcome to the channel! Glad you found it.
Great Advise!
this is a genuine man but the idea of nomadic capitalism is built on the anlgo-american presupposition that freedom of travel will always be afforded people.
nomadic capitalism means that you will always be at the mercy of the transportation infrastructure that is accessible at the time. the advent of man-portable air defense systems means that a relatively small group of actors can close commercial airspace similar to how commercial travel in the red sea has been infringed upon.
if there is ever conflict between larger nations in multiple arenas, a person might get one move or maybe two before a prolong conflict ensues which will likely shut down recreational travel in the manner that is necessary to sustain this type of living in perpetuity
Unless you have a residency permit, you can’t stay in many countries for more than three months at a time.
That’s why we help people get residence permits.
I got stucked in Cancun Mx
Its depressing, would be cool to have a spot all around the globe its a dream!
Can we get an update on the best places to move.
Absolutely correct 👍
Good point of view
Awesome! My kinda life!