Mind you 2 governments have replaced the 2018 legit gov in malaysia. The general election is near and coming soon. A great number of malaysians felt that the original mandate should have been allowed but ministers jump parties to create 2 new gov during covid19. They were not the original gov that won the election in 2018. This current PM and gov is more racist and nationalistic than all previous gov that i know. Even going to UN recently, he prefers using malay which was never done before. Some malay folks will feel proud of that but i doubt others like foreigners and investors are happy. Non-malays too. Under performer pm. That mm2h issue started with this cabinet.
@@NomadElite the king and several sultans (at least 2 from perak and selangor state) hv mentioned many times against corruption and the rule of law. And that judges must be respected. Pardon will not be at whim and fancy of the jailed person. This was mentioned by these 3 powerful rulers. Btw the current king is from pahang state (from which najib came from). No indication of any pardon taking place. The people against pardom has sent a memo to the king objecting to the pardon, while najib supporters also did so but with smaller amount of signatures compared to ngo and civil societies.
Hey bro, UAE (Dubai) didn’t “lure people in” with 0 taxes then changed the rules. They did it to improve relations with Europe and the US, and to not be blacklisted as a tax free country. The 9% will apply only to companies who sell in the UAE, not companies that sell abroad, which is most companies. I push Dubai a lot as the best place for taxes but I also say it shouldn’t be your only option. You never know when they change the rules again. Peace!
Hey bro. First of all, you sound much more genuine and much nicher than Andrew. I wasn't attacking you in this video, as I just pointed out some changes I spotted in the UAW, which could very well be the beginning period of ongoing changes to existing tax laws. Don't you live in Dubai yourself?
@@NomadElite True, could be the beginning of many changes, we will see what happens. Yes I live in Dubai and have my business fully set up here. I sent you an email lets do a video together!
Hey there! Well sure everyone has an agenda. Dubai (at least for me) is the best and fastest place to set up for tax purposes and fits most people I talk to, that’s why I recommend it so much :)
He didn’t mention me personally (he wouldn’t mention a potential competitor), but he provided objections to certain statements I made and it’s obvious.
@@NomadElite You're not the only one to take this approach. Goodlife Investor cut a video doing the same thing--objecting to Andrew without naming him--and Citizenship Quickly hit Henderson without naming him a while back after Andrew mentioned getting a second Caribbean passport because St. Lucia wasn't cutting it anymore.
By the way, what's your opinion on Five Flags? It's basically having multiple residencies for different purposes (e.g. Country A for residency, Country B for citizenship, Country C for business).
It doesn't harm to have a second passport or residency. Let's say you ended up in Vietnam and made it your main place to be. In the event that you earn your money online, it'd make sense to have a company set up in a different country where you pay less in corporate taxes than you would in Vietnam. Some are fortunate enough to have a found a place that ticks most of the boxes and don't want to diversify at all. That's also fine.
@@NomadElite Having multiple residencies sounds like a good idea these days. In terms of setting up a business or having assets outside of your residential country, that does sound complicated. Especially with the tax implications of having assets or your business offshore.
Going into a jurisidiction where you pay 0% corporate tax is mostly only relevant to those with a high income. So, unless that is the case, it might be cheaper and less problematic to stay where you are at. In the event that you don't have any corporate profits at all, you pay income tax in your country of residence.
Hi Riyas. Uruguay sounds very European, and as you pointed out the favorable tax law for foreign source dividends and interest makes you want to consider Uruguay. I always recommend to visit a country before you think about any long term commitments.
Have u ever gone to ANY busyness in the world who has told you not to shop with them because their competition around the corner is cheaper? We all talk about transparency but are we really transparent. This other guy no question has an agenda (him) You have one too (you) And I have one too (me) Everybody strictures their own way to sell their services. A restaurant menu doesn’t say steak and chips with us 30$ or eat at home for only 7$ No business tells your their wholesaler. We all have biases and agendas All this said thank you for your videos
U said really well. In asian countries u can't say anything. U should save some money but first consider ur happiness. To save some more money , stay Dubai and leave in Summer for 5 months to another country🤣 Its not Great !!!!!!! Family is not transferable easily.Each year will have to do the same🤣.
if you're using a jurisdiction for offshore business operations why would you need to be speaking out on how they run their country? Are you a capitalist or social justice warrior?
Dear Mr. Akeem. I talk about civil and property rights, not offshore business formation. Based on what you said, you got mixed up. Please rewatch the video several times if you have trouble comprehending the context. ;)
@@NomadElite I do not see a way. After the appointment, when Andrew decides if he will accept you, you do not hear from him again, or get provided with a way to reach him. You can only work with his staff. Also, the staff will NEVER meet you in person.
Hes becoming exposed everywhere now. His content is helpful for updates but he's a scammer 100% just hire someone affordable, a local lawyer in the country of interest ( or just send a well written email...) Or do the research yourself.
I think your thought process is ok on most areas, but my impression is that you are pretty politically motivated from the way you explain what you think is best. Andrew is more politically neutral and focused on tax strategies for the high net worth individuals. He often says the criteria for what an employee would prefer is not the same as his business owning clients. Thanks for the video.
Because I hammered Eastern governments in this video? It's everything but being politically motivated. I'm watching out for our community and if I spot someone who is biased and false, I call them out. Advising people to invest in certain trashy countries is not only biased but dangerous. I'm NOT politically motivated by any means and I'm a straight shooter. I don't promote any particular country, so I'm politically fair and unbiased. Andrew is politically biased and in favor of visa programs from which he makes money. BIG DIFFERENCE.
I appreciate Andrew for posting video every single day- not many people can do that. But you wonder whether he actually does work filming video 3-4 hours a day ;D
Agree with much of what you said. Think Thailand has Amity Treaty with US which allows Americans to own 100% of certain companies. Don’t know if you know about that. Enjoy your videos.
Good to hear that! I heard about the Amity Treaty between Thailand and the US. Looks like it comes with some contingencies, and only applies to certain corporations or individuals. Where do you live in Thailand?
@@NomadElite The only two countries that are viable and reasonably easy at the moment in Asia are the Philippines and Cambodia but who knows what will happen in the future, for now it’s ok. All others seem off limits for long term residence unless you are top bracket earners which most of us aren’t.
Yes! Questionable at best. Cambodia offers 1 year renewable visas, not seeing any 5 or 10 year options. When you think of residence, you perceive it to be for many years, and not just for 6-12 months. With that being said, the Philippines is really the only country that meets the true residence criteria.
@@NomadElite The one year renewable visa is OK, better than nothing, but of course longer visas are more preferable; Philippines offers the best choice in that but one year ER Visa in Cambodia would work and I could always work digitally after 65, as said it’s good to have your foot in two camps as more options you have the better. Went on the roulette table once in Macau but that was many years ago
@@NomadElite Plus the Philippines offers the 36 month extendable tourist visa without leaving the country, great way to stay and test the waters, like yourself or others who are digital nomads v one year renewable visa in Cambodia.
@@NomadElite Yea I agree, I guess the rebuttal to that is the money you save on taxes enables you to leave to a more comforting place when it becomes unsustainable I really don't know where I stand on the Gulf countries. Oman is really interesting to me but UAE, Bahrain, Saudi Arabia, Qatar, all very very dystopian, people are followers and credulous, WEF aligned. Would be best to split up b'n time there, investments, company, bank accounts, gold storage with other countries not in the region. So many factors at play though.
On october 1st 2022, malaysia will announce De Rantau for digital nomads. Please update everyone on this. I heard 12 months visa extendable to another 12 months. Usd 24k earnings per annum. Proof of income via contract or bank statement.
My country Norway is voted as best country to live. I hhv ave now stayed 10 years in The Philippines a no d have been around in 12 European countries and 5 Asian. I am running 48 Next month and was consider Malaysia when i turn 50 but that is canceled! You are so right about Asia That most countries here just want foreigbers money and then dont care and give so small rights ,that its not worth it! Yes, Norway are expencive but so many rights. Foreigners there, are allowed to protest political and financial. Any foreigner working in Norway, have same right to protest to get higher salary. As for now, many teachers are out of work to protest. Everyone can own land, open bank accounts. Therese is many different visa program Spouse visa, finance visa, Work visa, student Visa.Those are mainly for citizens outside Europe. Citizens inside Europe, dont need visa to settle down, work or study in Norway Non Europeans who are granted spouse, work , finance. Visa, can extend it there and fall for permanent residence after 3tears. If granted permanent residence you have the right to non employed Benefit, so ial security, free education free hospital, benefit as single mom and child support, After 5 to 7 years, can apply for citizenship and dual. There are usually 7years for citizen from 3th word Countries. Norwegian passport, senior pensjon,m even if never worked , disable pensjon etc. When i compare this to The Philippines, even Filipino Citizens have less rights in their own Country compare to foreigbers in Norway. Example, protest against salary or goverment here, can give jail sentence . Thats people here ,just accept it as it is. Still some from West say its more freedom here I would rather say, here you are nothing, no matter if its by officials or by the citizens. You even have to pay the police to do their job. Thats why example girls have been sexual insulted /offended , dont report it because no investigation unless they pay the police to investigate . I was down to police station, because a drink Filipino pushed my big motorbike . There where witness who gave me nane on that person and even i gave police nane on the guilty one, the police did nothing! My bike had damages i paid 8k pesos..
Sorry this happened to you. Law enforcement is almost non existent in the Philippines. I like how you pointed out the benefits immigrants get in Europe, and how few rights foreigners have in Asia.
@@unknowninfinium4353 Well, yes. There are two big down side both for many citizens and tourists. 1. Cold winter 2. General high Cost of living. Despite this, many go there for work both for season and full time and tourists coming at winter as well for those who like to try winter activities . For those outside Europe , ger a sengen visa, that allows you to travel free around in most European countries. Norway have land border with Russia, Finland and Sweden. Because of the war, Finland and Sweden, is good option just to go big shopping , where there are 40% cheaper compare to Norway. Norway do have several ferries to Danmark and from there , you can drive to almost all European countries. So if you want to have more heat when winter in Norway, countries as. Greece, Italy, Spain and Portugal, are good options then .. Even Norway is a high cost country, many from other European countries go there to settle down for unike benefits and high salaries . That is something many forget when talking about high/low cost of living. That is incone. See here in The Philippines, its cheap for most of us from the west, but very expencive to locals . Thats becsuse incone is so low as $220 USD a normal monthly incone, while according to cost of living,is About $850 USD. Thats why much Poverty, prostitution, non educated people here, while in Norway, there is more jobs than people, free education, free hospital, they even give money when woman give birth, just to try increase population. You can also apply financial support if want to start own Business. Norwegians ,like to stay fit and active. A high percent are into sporet at professional level. Reading , music and political active, as well.
I like how open and transparent you are about being a digital nomad, and how no country is perfect. Like how you said how you enjoy Texas, even if that seems contrary to the general consensus today. You got to strike a balance between finding a country that's great for expats, while finding one that you fits your requirements. Some non-Western countries have no freedom of speech, while others are much more polluted than what Westerners are used to.
TH-camrs also never talk about life expectancy, as if it didn't matter at all. Healthcare, environmental cleanliness and personal happiness all contribute to whether you have a short or long life. Those things are often ignored but they do matter.
@@NomadElite I agree with you. There are a lot of nice places in the world outside of the Western countries, but we can't take the things we granted we have in the West, such as clean air and water.
Why did you say UAE is changing its tax regime? Are your referring to the new 9% tax? If so, I thought that applies to companies dealing with local businesses. If it is a free zone company, it is still 0% tax. Could you please clarify this if I'm wrong?
@@NomadElite Teaching all day today, Saturday and tomorrow, Sunday; Had some great news that Macau has opened up to foreigners from Zhuhai w just a QR code so I’ll head over this week coming, after two years and 7 months being closed. Hope you are enjoying your weekend? 👍😊
I think Andrew is trying a different demographic than most people, he's targeting 7 figures client and those have different requirements than us. Most things he says, really cannot be applied to us even making 6 figures, and most of the countries he recommends are not the great places they used to be anymore.
@@NomadElite come.on ' that catch phrase 7 and 8 figure clients is a con, why would an 8 figure client not have his own trusted expensive legal team already and why would he hire a stranger on TH-cam in a tartan coat? It's nonsense
Mind you 2 governments have replaced the 2018 legit gov in malaysia. The general election is near and coming soon. A great number of malaysians felt that the original mandate should have been allowed but ministers jump parties to create 2 new gov during covid19. They were not the original gov that won the election in 2018. This current PM and gov is more racist and nationalistic than all previous gov that i know. Even going to UN recently, he prefers using malay which was never done before. Some malay folks will feel proud of that but i doubt others like foreigners and investors are happy. Non-malays too. Under performer pm. That mm2h issue started with this cabinet.
Appreciate your input. In the event that former PM Najib should indeed receive the royal pardon, how would you judge Malaysia's law enforcement?
@@NomadElite the king and several sultans (at least 2 from perak and selangor state) hv mentioned many times against corruption and the rule of law. And that judges must be respected. Pardon will not be at whim and fancy of the jailed person. This was mentioned by these 3 powerful rulers. Btw the current king is from pahang state (from which najib came from). No indication of any pardon taking place. The people against pardom has sent a memo to the king objecting to the pardon, while najib supporters also did so but with smaller amount of signatures compared to ngo and civil societies.
@@keangwooichoo6138 PH/DAP supporters alert...relax bro...we r not racist...you guys are the racist one...never learn...
Hey bro, UAE (Dubai) didn’t “lure people in” with 0 taxes then changed the rules. They did it to improve relations with Europe and the US, and to not be blacklisted as a tax free country.
The 9% will apply only to companies who sell in the UAE, not companies that sell abroad, which is most companies.
I push Dubai a lot as the best place for taxes but I also say it shouldn’t be your only option. You never know when they change the rules again.
Peace!
Hey bro. First of all, you sound much more genuine and much nicher than Andrew.
I wasn't attacking you in this video, as I just pointed out some changes I spotted in the UAW, which could very well be the beginning period of ongoing changes to existing tax laws.
Don't you live in Dubai yourself?
@@NomadElite True, could be the beginning of many changes, we will see what happens.
Yes I live in Dubai and have my business fully set up here. I sent you an email lets do a video together!
@Wealthy Expat Received it - thanks for the invite!
He calls himself wealthy expat and calls people bro, oh dear
The Wealthy Expat is another TH-camr who pushes living in Dubai. He clearly has an agenda too.
if you live there and know most about that place isnt it logical to have an 'agenda'?
Hey there! Well sure everyone has an agenda. Dubai (at least for me) is the best and fastest place to set up for tax purposes and fits most people I talk to, that’s why I recommend it so much :)
In fact, he just commented on this video!
Yea definitely hes a douche from what i can tell. Offshore citizen and The Wandering Investor are best for help IMO
The name "wealthy expat" is crass and self adoring enough to turn me.off ever watching him or her
I understand your concern and feedbacks. Things are fluid post covid.
Where and when was he triggered? I haven't seen him mention this channel at all.
He didn’t mention me personally (he wouldn’t mention a potential competitor), but he provided objections to certain statements I made and it’s obvious.
@@NomadElite You're not the only one to take this approach. Goodlife Investor cut a video doing the same thing--objecting to Andrew without naming him--and Citizenship Quickly hit Henderson without naming him a while back after Andrew mentioned getting a second Caribbean passport because St. Lucia wasn't cutting it anymore.
Interesting. Thanks for the info. When you got an itch, you want to scratch it. Good that more people are undressing some of NC's BS.
By the way, what's your opinion on Five Flags? It's basically having multiple residencies for different purposes (e.g. Country A for residency, Country B for citizenship, Country C for business).
It doesn't harm to have a second passport or residency. Let's say you ended up in Vietnam and made it your main place to be. In the event that you earn your money online, it'd make sense to have a company set up in a different country where you pay less in corporate taxes than you would in Vietnam. Some are fortunate enough to have a found a place that ticks most of the boxes and don't want to diversify at all. That's also fine.
@@NomadElite Having multiple residencies sounds like a good idea these days. In terms of setting up a business or having assets outside of your residential country, that does sound complicated. Especially with the tax implications of having assets or your business offshore.
Going into a jurisidiction where you pay 0% corporate tax is mostly only relevant to those with a high income. So, unless that is the case, it might be cheaper and less problematic to stay where you are at. In the event that you don't have any corporate profits at all, you pay income tax in your country of residence.
@@NomadElite I agree, probably only worth it if you're making well above 6 figures a year. Thanks for keeping it real and honest about things.
@James B You're welcome. Following my father's lessons. He always preached that we're people of honor and integrity.
Hi in Latin America which country do u recommend.. what is your opinion about Uruguay?? They have 11 year tax exemption..
Hi Riyas. Uruguay sounds very European, and as you pointed out the favorable tax law for foreign source dividends and interest makes you want to consider Uruguay. I always recommend to visit a country before you think about any long term commitments.
Great job on the video, your looking out for the little guys like us!
Glad you liked it. Thank you. Just stressing a panoramic view, and not just the taxs situation in a country.
Great video as always!
Glad you enjoyed!
Have u ever gone to ANY busyness in the world who has told you not to shop with them because their competition around the corner is cheaper? We all talk about transparency but are we really transparent.
This other guy no question has an agenda (him)
You have one too (you)
And I have one too (me)
Everybody strictures their own way to sell their services.
A restaurant menu doesn’t say steak and chips with us 30$ or eat at home for only 7$
No business tells your their wholesaler.
We all have biases and agendas
All this said thank you for your videos
Point well made
U said really well. In asian countries u can't say anything. U should save some money but first consider ur happiness.
To save some more money , stay Dubai and leave in Summer for 5 months to another country🤣 Its not Great !!!!!!! Family is not transferable easily.Each year will have to do the same🤣.
if you're using a jurisdiction for offshore business operations why would you need to be speaking out on how they run their country? Are you a capitalist or social justice warrior?
Dear Mr. Akeem. I talk about civil and property rights, not offshore business formation. Based on what you said, you got mixed up. Please rewatch the video several times if you have trouble comprehending the context. ;)
I am SO HAPPY you triggered this guy. He NEEDS TO BE HELD accountable. He cheated me out of OVER FIFTY THOUSAND EURO!!! 😓😰😡
Have you reached out to him?
@@NomadElite I do not see a way. After the appointment, when Andrew decides if he will accept you, you do not hear from him again, or get provided with a way to reach him. You can only work with his staff. Also, the staff will NEVER meet you in person.
I heard similar things from other people. Time for you to spill the beans, to help protect our community.
@@NomadElite Agreed I met some others online who got cheated also! I am asking them if they will come out and post here.
@Stevan Do tell them that they're welcome to express their experience on this channel. Thanks.
To be frank, i thought in switzerland owning an asset there like land and property is difficult too
Yes.. We in Asia..
Value money..
We in Singapore took in
Foreigners with high value..
Businesses with global networks
Hes becoming exposed everywhere now. His content is helpful for updates but he's a scammer 100% just hire someone affordable, a local lawyer in the country of interest ( or just send a well written email...) Or do the research yourself.
What do you mean by he's becoming exposed everywhere? Who else is calling him out?
@@NomadElite So many comments on some reviewal websites, dozens and dozens of stories of people stating how they were treated.
Can you be specific on how and who he has scammed?
I think your thought process is ok on most areas, but my impression is that you are pretty politically motivated from the way you explain what you think is best. Andrew is more politically neutral and focused on tax strategies for the high net worth individuals. He often says the criteria for what an employee would prefer is not the same as his business owning clients. Thanks for the video.
Because I hammered Eastern governments in this video? It's everything but being politically motivated. I'm watching out for our community and if I spot someone who is biased and false, I call them out. Advising people to invest in certain trashy countries is not only biased but dangerous. I'm NOT politically motivated by any means and I'm a straight shooter. I don't promote any particular country, so I'm politically fair and unbiased. Andrew is politically biased and in favor of visa programs from which he makes money. BIG DIFFERENCE.
I appreciate Andrew for posting video every single day- not many people can do that. But you wonder whether he actually does work filming video 3-4 hours a day ;D
He's a man of great consistency. No question about that!
Agree with much of what you said. Think Thailand has Amity Treaty with US which allows Americans to own 100% of certain companies. Don’t know if you know about that. Enjoy your videos.
Good to hear that! I heard about the Amity Treaty between Thailand and the US. Looks like it comes with some contingencies, and only applies to certain corporations or individuals. Where do you live in Thailand?
@@NomadElite live in Florida, but visit Thailand regularly.
That's great. Where do you usually hang out in Thailand?
@@NomadElite our base is Bangkok, but will visit Chiangmai, Pattaya along with weekend in Hanoi. Always have good time in Thailand.
Yes people need to see through these rose tinted glasses when relocating; visas can change suddenly and you are really a guest at best.
That's correct. We often don't see these facts you pointed out until they change. So yes, getting a long term visa makes more sense than ever.
@@NomadElite The only two countries that are viable and reasonably easy at the moment in Asia are the Philippines and Cambodia but who knows what will happen in the future, for now it’s ok. All others seem off limits for long term residence unless you are top bracket earners which most of us aren’t.
Yes! Questionable at best. Cambodia offers 1 year renewable visas, not seeing any 5 or 10 year options. When you think of residence, you perceive it to be for many years, and not just for 6-12 months. With that being said, the Philippines is really the only country that meets the true residence criteria.
@@NomadElite The one year renewable visa is OK, better than nothing, but of course longer visas are more preferable; Philippines offers the best choice in that but one year ER Visa in Cambodia would work and I could always work digitally after 65, as said it’s good to have your foot in two camps as more options you have the better. Went on the roulette table once in Macau but that was many years ago
@@NomadElite Plus the Philippines offers the 36 month extendable tourist visa without leaving the country, great way to stay and test the waters, like yourself or others who are digital nomads v one year renewable visa in Cambodia.
Thanks for mentioning that Asia is not a bastion of freedom. Its a different WORLD Although wholeheartedly hate tax so disagree with you there haha
I'm just saying that it's better to pay some tax and be happy than pay no tax and chase an ideology that isn't sustainable in the long term.
@@NomadElite Yea I agree, I guess the rebuttal to that is the money you save on taxes enables you to leave to a more comforting place when it becomes unsustainable
I really don't know where I stand on the Gulf countries. Oman is really interesting to me but UAE, Bahrain, Saudi Arabia, Qatar, all very very dystopian, people are followers and credulous, WEF aligned. Would be best to split up b'n time there, investments, company, bank accounts, gold storage with other countries not in the region. So many factors at play though.
@@mattball7074 ridiculous
@Matt Ball Yes, good thinking! New Zealand, Singapore, Switzerland & UK are great places for storing gold.
On october 1st 2022, malaysia will announce De Rantau for digital nomads. Please update everyone on this. I heard 12 months visa extendable to another 12 months. Usd 24k earnings per annum. Proof of income via contract or bank statement.
Thanks for pointing this out. We should have a video up here in a bit.
Thank you!
Wow both nomad elite and nomad capitalist at 'war' via social media?
My country Norway is voted as best country to live. I hhv ave now stayed 10 years in The Philippines a no d have been around in 12 European countries and 5 Asian. I am running 48 Next month and was consider Malaysia when i turn 50 but that is canceled!
You are so right about Asia That most countries here just want foreigbers money and then dont care and give so small rights ,that its not worth it!
Yes, Norway are expencive but so many rights. Foreigners there, are allowed to protest political and financial.
Any foreigner working in Norway, have same right to protest to get higher salary.
As for now, many teachers are out of work to protest.
Everyone can own land, open bank accounts.
Therese is many different visa program Spouse visa, finance visa,
Work visa, student Visa.Those are mainly for citizens outside Europe.
Citizens inside Europe, dont need visa to settle down, work or study in Norway
Non Europeans who are granted spouse, work , finance. Visa, can extend it there and fall for permanent residence after 3tears. If granted permanent residence you have the right to non employed Benefit, so ial security, free education free hospital, benefit as single mom and child support,
After 5 to 7 years, can apply for citizenship and dual. There are usually 7years for citizen from 3th word Countries.
Norwegian passport, senior pensjon,m even if never worked , disable pensjon etc.
When i compare this to The Philippines, even Filipino Citizens have less rights in their own Country compare to foreigbers in Norway.
Example, protest against salary or goverment here, can give jail sentence . Thats people here ,just accept it as it is.
Still some from West say its more freedom here
I would rather say, here you are nothing, no matter if its by officials or by the citizens.
You even have to pay the police to do their job.
Thats why example girls have been sexual insulted /offended , dont report it because no investigation unless they pay the police to investigate .
I was down to police station, because a drink Filipino pushed my big motorbike .
There where witness who gave me nane on that person and even i gave police nane on the guilty one, the police did nothing! My bike had damages i paid 8k pesos..
Sorry this happened to you. Law enforcement is almost non existent in the Philippines. I like how you pointed out the benefits immigrants get in Europe, and how few rights foreigners have in Asia.
Is Norway a good options for long term stay?
@@unknowninfinium4353
Well, yes.
There are two big down side both for many citizens and tourists.
1. Cold winter
2. General high Cost of living.
Despite this, many go there for work both for season and full time and tourists coming at winter as well for those who like to try winter activities .
For those outside Europe , ger a sengen visa, that allows you to travel free around in most European countries.
Norway have land border with Russia, Finland and Sweden.
Because of the war, Finland and Sweden, is good option just to go big shopping , where there are 40% cheaper compare to Norway.
Norway do have several ferries to Danmark and from there , you can drive to almost all European countries. So if you want to have more heat when winter in Norway, countries as. Greece, Italy, Spain and Portugal, are good options then ..
Even Norway is a high cost country, many from other European countries go there to settle down for unike benefits and high salaries .
That is something many forget when talking about high/low cost of living.
That is incone.
See here in The Philippines, its cheap for most of us from the west, but very expencive to locals . Thats becsuse incone is so low as $220 USD a normal monthly incone, while according to cost of living,is
About $850 USD.
Thats why much
Poverty, prostitution, non educated people here, while in Norway, there is more jobs than people, free education, free hospital, they even give money when woman give birth, just to try increase population. You can also apply financial support if want to start own Business.
Norwegians ,like to stay fit and active. A high percent are into sporet at professional level.
Reading , music and political active, as well.
@Fred Andre Trondsen So many facts in your comment, I like it.
@@fredandretrondsen9015 Thank you man. Your response is a good starting point.
I like how open and transparent you are about being a digital nomad, and how no country is perfect. Like how you said how you enjoy Texas, even if that seems contrary to the general consensus today. You got to strike a balance between finding a country that's great for expats, while finding one that you fits your requirements. Some non-Western countries have no freedom of speech, while others are much more polluted than what Westerners are used to.
TH-camrs also never talk about life expectancy, as if it didn't matter at all. Healthcare, environmental cleanliness and personal happiness all contribute to whether you have a short or long life. Those things are often ignored but they do matter.
@@NomadElite I agree with you. There are a lot of nice places in the world outside of the Western countries, but we can't take the things we granted we have in the West, such as clean air and water.
Absolutely agree
@@NomadElite some TH-camrs do but good point
@kipps guitar Where are you spending this winter?
Why did you say UAE is changing its tax regime? Are your referring to the new 9% tax? If so, I thought that applies to companies dealing with local businesses. If it is a free zone company, it is still 0% tax. Could you please clarify this if I'm wrong?
Yes, that is all correct.
Awesome video , thanks for sharing , stay connected !!!
Thank you, glad you liked it!
Yes you have to think long term and residence is a priority anywhere
Absolutely. How's your weekend panning out?
@@NomadElite Teaching all day today, Saturday and tomorrow, Sunday; Had some great news that Macau has opened up to foreigners from Zhuhai w just a QR code so I’ll head over this week coming, after two years and 7 months being closed. Hope you are enjoying your weekend? 👍😊
@Mark Doherty - Thanks, I had a great weekend! Macau is fun. Do you like to gamble?
I’m starting affiliate marketing. I’m creating a travel blog
Sounds great.
@@NomadElite thanks
You're welcome. Best of success. Let me know how it goes.
Not another
@@kippsguitar6539 what’s that mean
I think Andrew is trying a different demographic than most people, he's targeting 7 figures client and those have different requirements than us. Most things he says, really cannot be applied to us even making 6 figures, and most of the countries he recommends are not the great places they used to be anymore.
Totally agree with what you said. Malaysia is the best example, and he's unwilling to change his stance..
That's hilarious, so why does he often tell people where they can save a few dollars on their rent and groceries?.what a con
@@NomadElite come.on ' that catch phrase 7 and 8 figure clients is a con, why would an 8 figure client not have his own trusted expensive legal team already and why would he hire a stranger on TH-cam in a tartan coat? It's nonsense
Did you think how such a successful man dealing daily with "7 and 8 figure clients" has so much time.for.almost.daily TH-cam videos? Doesn't add up
@kipps guitar LOL Good point
Great presentation. Balanced opinions. Nomad Capitalist's got a few things he can learn from just this one video alone. Keep up the good work.
Thanks! Do you have suggestions for future videos?
But he has 100000000000 subscribers so maybe we can learn from him!