Six New Expat Hot Spots
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Global entrepreneurs always aim to take advantage of the best opportunities available. Even if such opportunities require them to move abroad.
In a world reshaped by infection, invasion, and inflation, a clutch of cities is challenging the old order, luring companies and start-ups to burnish their credentials as global cities.
In this video, Andrew shares six new expat hot spots.
00:00 Start
0:37 The Best Countries for Expats
1:42 These Six Cities Are Emerging as New Expat Hot Spots
3:00 Living in Kuala Lumpur
4:44 Living in Lisbon
7:04 Living in Dubai
9:41 Living in India
10:28 Living in Mexico City
13:14 Living in Rio De Janeiro
Andrew is reading this article: www.msn.com/en-us/travel/news...
Andrew Henderson and the Nomad Capitalist team are the world's most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best".
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Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle.
Our growing team of researchers, strategies, and implementers add to our ever-growing knowledge base of the best options available. In addition, we've spent years studying the behavior of hundreds of clients in order to help people get the results they want faster and with less effort.
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DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.
I have residency in Mexico and come & go as I still run a business in the US. Above all, what impresses me most about Mexico is how nice everyone is no matter where you go. Their cheerfulness and willingness to help can’t be beat.
Beats London too where everyone is a corporate drone and miserable
Just got my temp residency and hopefully moving to queretaro next year… agree w everything you said!
Same in Guadalajara!
Once you get Mexican temporary or permanent, is there a specific amount of time you have to be in Mexico to maintain them? or Can you literally get the permit and leave until you have to renew it?
Yes, and as long as Mexico doesn't become saturated with people bringing their Western self-entitlement and rudeness, it will remain a very pleasant place to reside.
Kuala Lumpur is arguably one of the most beautiful and multicultural cities in the world. I just love Malaysia! Always rooting for you KL!
How about rains? Kuala Lumpur is a constant rain, isn't it?
And how does it compare to Bangkok?
I've visited Kuala Lumpur in 2014, stayed in hostels for like 7 days. It was a good experience to visit the city
How's the humidity?
@@gif24gt60 It's wild, worse than Florida. I'm in KL right now and it's straight muggy. It's even hotter than Northern Thailand/Thailand in general. You get a 90 day free visa on arrival though.
Love this! Couldn't agree more as a Canadian. I have spent the past 5 years living outside of Canada and the last three retired and travelling. WAY cheaper to live in SE Asia and other regions than Canada - and way better weather and FUN! KL was where I first got stranded during COVID and it was awesome! I lived in the Hilton for $30 usd a night!!
As a Canadian SE Asia is too busy/hot for me 😂. Living here right now and I miss winter 😅
@A I was in Bangkok a couple of months ago and paid $55 Canadian , about 40 usd, for a 5 star hotel. So sorry, but yes, you can still find those low prices if you look.
@@chrisvodicka9406 I hate winter in Canada. I got used to the warmth.
as a Brazilian, I wouldn't recommend Rio for living (actually not even for touristing, there will be a target on your back if you don't/can't blend in). Safety will always be the most important issue. There are better places (Florianópolis doesn't get the hype it deserves, it's as beautiful as Rio but without much of the danger, AND it has the most beautiful women in all of the country)
I am a Canadian living in Recreio. There is me and one other foreigner I know of near me. I feel a heck of a lot safer in Recreio than Copacabana. Floripa is way too cold in the winter for me. Imagine living in Brazil but freezing, that is not what we are Canadians picture Brazil as. Sure its safer, but everywhere has it's trade off and I don't even stay in the water in Floripa in the summer its too cold. If someone has always wanted to visit Rio, I say they should and just take a few precautions ( no jewellery etc). No one shits all over Rio like Brazilians who don't live here or have never even been.
@@ouronoble7232 That's just fine for those of us in North America. When it's winter here, we go there and it's summer. When it's winter there, just come back home and it's summer here. Seems pretty good to me.
As a Brazilian I've always been somewhat scared of Rio de janeiro (the city), besides safety, l think it's too corrupt and dirty, l don't feel safe drinking the water etc. but there are other parts of the state that I'd like to check out.
@@Joe44944 then go see the places you want. I'd regret on my death bed, not seeing such a great city. The Cristo, sugarloaf etc. All of that especially if just for a weekend is worth it and makes up for the problems.
Yes, I was born in Rio and moved to California 30 years ago. Love the city and people but it’s too hard to live due to traffic, violence and bureaucracy. I visit often and after 3 weeks I’m ready to return to CA. Sorry to say. 😂
Kuala Lumpur, Malaysia. Whats not to love! Amazing foods at evry budget, great weather/ tropical, good security, great infrastructure besides d many shopping malls & d 99 islands & Geoparks in Langkawi... last but not least, kind & decent peoples 🥰
KL is In my To do list for a while. Planning to visit next year
How is it during Ramadan?
Can you buy alcohol?
In Dubai all pub are closed.
@@cfcf6216 Ramadan is the detox month of the year where fasting is mandatory for all able adults, unless your unwell & travelling. A spiritual, mental & physical detox month to rest our souls & digestive system frm the busyness of the world.
A month to recallibrate our individual life's focus.
... btw yes bars remain open.
Penang, lived there. Great food. Spent time all over northern Malaysia. Way overated.
@@garykinard7553 what was good/bad Penang?
Malaysia is AWESOME!!! Great food, great people, great culture, coffee/tea, Malaysian/Chinese/Indian food, just AWESOME!
How about rains? Malaysia is a constant rain, isn't it?
And how does it compare to Bangkok/Thailand?
@@warewow overall i would say Malaysia is better, constant rains during the rainy season yes, and not constant...just daily.
@Andreas Ardent Good luck getting into China my friend (I have lived in China for many years btw), Malaysia should be fine, very good place for sure, hope you enjoy it! peace from Thailand
.. I'm 58 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, we are finding it impossible to replace it. We can get by, but cant seem to get ahead. My condolences to anyone retiring in this crisis, 40years nonstop just for a crooked system to take all you worked for
@@overlandecuador4872 where are you currently residing if you don’t mind me asking?
Move to SE Asia! Way cheaper, nicer people, no winter!
People shouldn't have waited until now to start looking .. I went to south America 10 years ago and started getting prepared while my friends went to exotic resorts .. I live in a small town now that I discovered about 7 years ago . My electrical bill was more then my rent and services each month where I live now.. the days for the average worker getting ahead are long gone .. not specifically talking to you but people need back up plans .. learning basic spanish was mine along with actually going to places
I know... government took away 40% of my CPP ... not matter what I claim and argue, they always found excuses and reasons....
Unfortunately, the swamp wants to print money to pay off student loans even for “degrees” obtained at paper mills. That makes inflation skyrocket, meanwhile they’re also eroding savings by keep bank interest near zero.
I am a freedom-loving Canadian that has been making Playa del Carmen, Mexico home for the past 2 years. I'm grateful to live in this beautiful place 🙏 I would not recommend Mexico City due to the heavy pollution and crazzzy traffic.
I love city life, but the pollution in MC and sooo many people😳. And it’s so far inland. I want to be closer to the beach.🤷🏽♀️ Thanks for your input🌹
@@ms.ednapost My pleasure 💗 And hey, internal flights in Mexico are super-inexpensive with airlines like Viva Aerobus. If you miss big city life, you can always visit :)
I’ve visited this beautiful place 15 years ago, and still have fond memories of it.
@@ivohahn Come visit again 😀
My wife and I just returned from Playa del Carmen for a 10 day workation and are seriously considering investing in property there to turn into STR and stay at whenever we please. The food selection and quality blew us away and there is so much to do and see with beautiful beaches. Love it there!
Mexican resident here who started telehealth business from US. Can never look back until USA heals.
I want to do but for mental health. Any tips?
It won't. I've been saying this before the era of social media: USA 🇺🇸 = modern day Atlantis
Andrew, I don't think I've ever seen you in such a good mood! (not that you are usually in a bad mood, of course). Yes, thank you for your wise advise over the years.
We've been living in Portugal near Lisbon for 5 months so far. Now got our visa - very happy.
Would love to hear more. Heading there in Nov to check it out
@@sarahhernholm8652 Apart from the bureaucracy, it's a great place! Friendly local people, safe, better consumer prices for most goods and services, good health service, lovely beaches, very happy with the quality of food and we're both very relaxed here! I would recommend a long trip here just to investigate different areas. Different regions have different weather, plus there's always The Azores or Maderia in the Atlantic. Nazare is great for surfing. Porto, Lisbon and Coimbra if you want great art and architecture? The choice is yours. We love it. It's not paradise, but we think it's hard to beat.
@@tinglestingles sounds great
Welcome to Portugal 🇵🇹!
@@GrikWorldNomad Over run? Portugal has a population of around 10million. Our small city has a population of 100k and probably about 500 retirees/foreigners from many countries. The Algarve is mainly British - we did not want to live there! Our city just south of Lisbon it has US, Canadians, British, French, Ukrainians, Belgians, Australians and many others. I don't think any nationality has overrun the country (outside of The Algarve). There are plenty of areas all over Portugal where it's a must to speak the local language. We are taking lessons, and the local people are always very receptive to us. We now have local friends and foreigners alike. We meet regularly, sketch together or just pass the time when we meet in the city square. We have found our home. Why not visit to see for yourself?.
I was in Lisbon 2 weeks ago to study the real estate market. There are still places around Lisbon that are affordable ($4,000/m2) but you will either have to commute about an hour to downtown Lisbon or accept tot live in a very unattractive neighborhood (e.g. Benfica). However prices have become totally ridiculous (both purchase and rental) in the more desirable neighborhoods where you really want to live if you are a high-net-worth individual: $8,000 to $12,000/m2 to buy. $1,000 to $1400/month for a one-bedroom for rent. Absolutely not worth it anymore if you ask me, especially when compared to a world-class city like Paris where prices are not significantly higher anymore in the best neighborhoods (about $12,000/m2). Speculation in Lisbon is currently out of control and prices will probably crash badly in 2023/2024 as interest rates go up and recession strikes a highly indebted country like Portugal.
Lisbon was a diamond in the rough 15 years ago, now it has become an overhyped, overpriced, over-AirBnBed tourist destination in spite of its intrinsic qualities (nice people, interesting culture, low crime, good climate).
Benfica is one of the best neighborhoods in Lisbon and is right next to the largest city based park in Europe lol.
Agree with the rest of the assessment though. I've been going out to Lisbon since 2016. It's still one of my favourite cities in the world but the prices now are the same as Madrid for example. They're actually a bit higher than Rome. Not great for freelancers.
Similar situation in Algarve. Way too hot to buy. Thanks for your assessment.
Andrew, I've been following you for the longest time. I'm a "career expat" though not a 7 figure earner. Sorry. I'm happy to hear your fav KL has finally gotten noticed. You were a hit-missed about Switzerland because I've been here for 11 years. Love your show.
KL city is really vibrant, feels exciting and you know it's on it's way up
On business in Singapore some years ago - our Chinese host (Shout Out - Willie Koh!!) took us about 50 clicks into Malaysia in one of his beautiful vintage Mercedes sedans to see a satellite plant, and visit one of his relative's restaurants. I'll never forget the experience, it was incredible! From the stunning natural beauty to the variety and abundance of everything - it seemed like a paradise to me. First time ever tasting the Queen of Fruits - Mangosteen - plucked right off a tree in a parking lot - have never tasted anything like it since. The profusion of colorfully painted and gilded shrines and temples, the ample homes, the enormous all-product outdoor markets - it was like being in Disney Land when I was a kid - only affordable!
For the longest time i was anti nomad capitalist. Now i concede that he is most definitely on the right path. Things are always getting worse in Canada.
Canaduh blows and turd-oh & freeland are doing so much damage as WEF proteges that it's pretty much hopeless.
it's everywhere in the west, you are just further down the path
Why were you initially "anti-Nomad Capitalist"?
not enjoying your booooostiieeeeees?
Yes, why on earth would you want to live in a place colder than Buffalo New York?
I'm now addicted to your videos ❤️
Great vid guys thanks for sharing 😊 2 Canadians 🇨🇦 living in Mexico Yucatan sending you support cheers 🥂🥰
I'm from Ontario, what's your experience like in Mexico and how can a Canadian get residency in Permanent residency in Mexico?
@@samuweljon4001 we have tons of vids uploaded amigo feel free to follow our journey
Been here 1 year now almost and loving it
Please take care brother 🙏
@@samuweljon4001 they look at your income over the past 6 months or savings from 12 months. If you sell your house in Canada, you're set
Unless you're a peasant, Mexico is an income tax hellhole , legally, if you stay there long enough to become a Mx tax resident. Plus even after you leave Mexico, you must pay Mx a high tax rate on your worldwide income for that year plus the 3 following years! Or else they can extradite you and then squeeze you. Unbelievable how some westerners ignore Mx tax, and then later the Mx tax gauntlet falls on them, like Andrew has spoken about.
Imagine ! Canadians living in Mexico 🤣🤣🤣🤣🤣
So great! We're off to Malaysia in January for 6 weeks as our first long trip in one country.
Can't wait to check it out, look into real estate and see if it's a place that we want to live in for a few months each year ^^
Love Kuala Lumpur especially the indoor skydiving at the mall
Did you launch a business in KL? Please don't tell us you just only did what sounds like trust fund leisure...
Excellent video. Nice to get the channel some props. Peace.
inflation up to 4.75% today in malaysia. still controllable but until when. we live in crazy world today.grateful to be here. hope better in future.
Hi Andrew - Yes and thanks for your comments on Portugal, this is my country and where I spend my time when I am not traveling. Aa I have mentioned before we will bump into each other somewhere and it could possibly be Lisboa... Take care, be good and enjoy! See you soon somewhere...
I live here in Brazil for half the year! (Other half in Puerto Rico) I love it here.
Awesome show Sir
Thank you.
Thank you
Yesterday he was "Out of here". Now he's here again. Welcome back.
We will be running 60+ pre-recorded videos alongside more newsworthy videos from our team in coming months.
Great video
My first time in Malaysia and am I impressed. Looking for a digital nomad country. Great people and spectacular nature. Reminds me of NZ. Not as cheap as expected though. DN visa is only 1 year here
How about rains? Kuala Lumpur is a constant rain, isn't it?
And how does it compare to Bangkok?
Rains comes during the monsoon season, year end
Incredible video. I love this
I was in Lisbon this year. Cold nites 🥶
After staying in Medellin (Colombia) for 6 weeks we found a small town (El Carmen) just outside of Medellin for 3 months.
What do like to know
dope content
Suggestion, look for Gramado/RS Brazil
Thanks for the awesome video as usual, I wonder if you could make 1 titled: the best countries for crypto hodlers , it will be amazing ! Aa😉
Rio de Janeiro is famous for its street violence. It's not at all an expat place. There are more convenient places in Brazil like Florianapolis, Curitiba, smaller towns of the northeast
I was surprised to see Rio make the list versus other places in Brazil. I love Rio but I experienced first hand the violence that can occur there.
I think it’s takes a certain type of expat to live in Rio. I could do it, but it wouldn’t be my first choice. Top for me I think may be Belo Horizonte or Brasilia are tops for me.
São Paulo, maybe the outskirts far from the city proper. I like Salvador as well, but like Rio, things can turn on a dime. Still maybe outside of Salvador proper.
Thank goodness, as Andrew did speak to, Brazil has so many places I’ve experienced that it’s still one of my bases.
@@thenigerianfile Why São Paulo wouldn't be a good place for expats?
@@42fern Actually, I think Sao Paolo proper could be great for expats. Direct international flights to two major airports (last I checked), very cosmopolitan, and easy to get around, lots of art and culture. Plus some serious mega malls.
However, as Andrew often points out, everyone’s needs and goals are different. For me, air quality is paramount anywhere I live. Although I like São Paulo and have been there many times over the last two decades, I’ve learned that I don’t do well in the very dense greater metropolitan area more than a week or so.
Although, in this era, a good N95 mask could improve that.
However outside the metro area was awesome, and I’m glad I’ve had such an experience as it’s made me look more holistically when evaluating places.
So, I wouldn’t write off São Paolo as a whole. It’s huge and diverse. I just don’t do as well respiration-wise in major metropolitan cities as I did as a youth.
I think you should be responsible! As a Brazilian, I would NEVER EVER recommend ANYONE to live in Rio de Janeiro. EXPENSIVE, DANGEROUS as it can get, Chaotic roads, just don't!!
Very interesting
Morning!🎉
KL rocks!
I’ve been living in Mexico for 7 years now, with permanent residence you have the same benefits as Mexicans and you never loose it, if you are interested I recommend to live in Santa Fe Mexico City is super safe
Rio de Janeiro ❤
If I was allowed to live in one country forever, it would be Malaysia 🇲🇾
How about rains? Malaysia is a constant rain, isn't it?
And how does it compare to Thailand?
@@warewow It's a tropical country so it does rain. But not like Indonesia where it floods a lot
@@dineshnavaratne7534 Is it possible to date women,being a Muslim country? How close minded is it? LGBT friendly?
@@alwayslearning7672Being an Asian country and a having Muslim majority means it's conservative. Dressing is moderate. No blatant PDAs. Subtle LGBTQ is tolerated. Again no blatant or over the top piercings, tattoos.
The thumbnail with the hat and the flames 🙌🙌
So the tacos trucks in Mexico are near the embassies? Now I’m curious 🧐
Mexico City is good. Was just there checking it out for that purpose. Several places in India are on the docket, as is Luxor, in places in Jordan. Lisbon is on the distant horizon.
bangalore here 🙋🏽♂️ it rocks
We relocate expats to live abroad to many destinations. I would say that the time zone and the proximity is one of the biggest concerns for most of our customers. This are people who actually pay 10k to 20k for an international moving project and has the resources to invest abroad. This is my list of the places we get most request and book projects to: Mexico, Costa Rica, Panama, Ecuador, Portugal.
I agree; however there is definitely a shift from Costa Rica to Medellin Colombia. All my friends that retired to Costa Rica, have all moved to Medellin. Very safe, cheap, clean, perfect weather.
Costa Rica will treat you as an ATM machine.
@@synewparadigm It is more expansive the most other locations in Latin America. But still one of the most popular destinations for expats. Definitely not for everybody.
In India, the infrastructure is terrible. In Delhi, the pollution levels are so high that children get dry eyes. In Bangalore the roads are so bad that you can't even call them roads. Let us be very clear. This message is for expats and people in general, it is not for people who are perfectionists, not for people who are looking for places to move to permanently. The casual visits won't give you any real idea of what it is like to live with aspirations. Investing from a distance in equity or other stocks is different from setting up a business and finding accommodation is horrendously difficult. India is not particularly tax-friendly. It is onerous. It is too closed.
You kinda touched upon almost everything I wanna say.
Puerto vallarte 2.5vhr flight lax. Love the vibe. $100 groceries for a week.
What do you have to offer to-retire people? Thanks!
KL is my favorite place on the planet. End of story.
Something i hear you talk about surprisingly little is international organizations, except for maybe the EU/Schengen. I would think that for the latin american part of the trifecta, Rio de Janeiro would be preferable to CDMX because Brazil is part of Mercosur. By getting the passport of Brazil, you also get easier access to Argentina, Uruguay, Paraguay, Bolivia and Venezuela. Doesnt that make a difference?
Viva 🎉mi Ciudad de México 💕🇲🇽 💕
Awesome Video “Your mind is a powerful thing. When you fill it with positive thoughts, your life will start to change” - Gautama Buddha
Investing in the market is too risky but there are things you can do to help manage risk when investing e.g diversification.
When I see people doing better than me that I feel like they shouldn’t, or I feel like I’m ‘better’ than them, it just makes me second guess myself and then starts to question if I am ‘better’ than them or was I just wrong from the start. I need to shift my mindset because I do genuinely believe I am better. But I always start to second guess and say ‘ye but are you.
@@charlestancred6181
@@bonifaciomazzanti1251 That is pretty good..! I just searched her name online and saw her webpage, I have sent her a mail already. hoping for replies.>
Heading for Matagalpa, Nicaragua soon for retirement….very excited ! We are not wealthy, just want out of the rat race. Up in the mountains, cooler weather, not many expats and tourists, safe city, friendly people. My wife group up in Corinto. We plan to eventually slow travel from Mexico to Argentina, but we plan to be in Matagalpa for 2-3 years first.
I think we saw you salivating as you told us about the taco trucks by the British Embassy! 😁
Rio Sena Taco Trucks FTW
Out of the places they mentioned , Malaysia and Mexico has my vote
I'm happy in Bangkok but I am looking forward to visiting Kuala Lumpur in the near future.
Since last October, for any residency permit there you must now deposit $1M into a bank there @1% forever, even tho short-term deposits stateside pay 4% and long term deposits pay over 5% per year in the US, and rising.
@@caronridge6912 is it really $ or actually in Baht??
@@sann5146 Yes, the malaysian program costs are priced in terms of the local currency, not dollars or baht.
Malaysia's new golden visa rescrictions pretty well rule most folks out, you have to be earning 10 k us dollars a month and for most retires that's just a bar too high, I see they have had over a 90 percent drop in golden visa applications since the new rules took effect, so they may have to rethink their program
I'm still partial to South America, not that far from the US if you need to leave in an emergency
I’m a bit surprised Rio was on the list. Florianopolis is the number one place for me in Brazil. For my trifecta, in Latin America, I base myself in Costa Rica and visit Florianopolis and Medellin at least once a year. I also enjoy short trips to Guatemala and Nicaragua. In Asia, I base myself in Pattaya and very easy and cheap to fly anywhere in Asia from Bangkok.
@Mobenal in a year, I have 3 bases to live and then travel around these base cities. In Asia, it’s Pattaya, which is close to Bangkok airport. With Pattaya/Bangkok as a base, this year I visited KL, Singapore, Jakarta, Bali, Phillipines, Vietnam and Cambodia. Next year, my travel plans from Bangkok include Australia/New Zealand and Laos. My 2nd base is in San Jose Costa Rica and visit Florianopolis, Medellin, Guatemala, Nicaragua,etc. My 3rd base (trifecta) is in Europe, but varies year-to-year. Next year Ireland. Following year, maybe Scandinavia or Portugal, etc. I have a passion for travel and found this works for me, but everyone different.
@Mobenal Trifecta..he moves between costa rica, medellin and Florianopolis within the area of latin america
@@TravelWorld429 Sounds great, was thinking of doing similar. Is it not difficult living out of a suitcase tho?
@@TravelWorld429 Hi! do you own or rent real estate in Pattaya and San Jose? if rent, is it long-term renting or each time you rent new places?
@@MyRolrol I own my 2br condo in San Jose Costa Rica. When traveling, I rent out on Airbnb and VRBO for an income stream. I get $100 avg/night and avg 21 days a month for occupancy. I would never be able to get these rental rates in Medellin or in Pattaya, so I rent on a monthly basis as needed. For both Medellin and Pattaya, I pay about $500/month for furnished condo, including all utilities. It makes much more financial sense to rent then buy in these lower cost countries.
Solid video. I personally wouldn’t ever wanna live anywhere besides the USA. However, I do plan to potentially vacation in other places for maybe 3-4 months out of the year & i’m just glad that I could maybe do that without securing “tax status”. You calmed my anxiety about that 😂
Tusk loves Rio:)
I live in Mexico and all you really need is to go up to the border and purchase a 6-month visitor pass and this Visa will grant you unlimited access to Mexico for 6 months no problem it only costs about $30 and it works for me I currently live in Mexico and work in San Diego and I cross the border everyday for work if you're looking to escape California and expenses of California try living in a place like Tijuana rosarito or ensenada and then cross the border everyday for work if you need to
Unless they renounce their citizenship, Americans can not get away from paying high taxes by moving overseas. It does not matter that they are not using any of the "services" provided by the US government, they still have to pay.
It's fucking ridiculous
Renounce that rat hole if u can. Except reportedly that becoming difficult or impossible. What a horrible country. Attacks weak countries everywhere for profit, makes up lies about everything, harasses and terrorizes its own citizens, and has made enemies of 90% of humanity. What could possibly go wrong, lol.
preaching to the choir, we all know that here
Do u know that the Queen just passed $50B of inheritance to charles and by UK law they're exempt from the inheritance tax that applies to all other brits? you see, according to the rules, taxing the royal family may have a negative impact on their wealth. I'm not joking, it's true.
"Taxes for thee but none for me!"
And now Truss's tax cuts for the uber-rich.
No wonder the masses are getting restless!
Dont have to do anything...You just disappear...
I'm Brazilian and in Brazil I would recommend the city of SANTOS (yes, Pelé...) - rather than Rio. Santos is much, much safer, it's also the coastal city closest to GRU airport - Brazil's main airport from which you can fly nonstop to more destinations.
Every since 2020 it has been an increase in entrepreneurs,individual business owners, digital nomads and expats it is a massive movement happening and going on with regular average day people
Some considering also are the cultures of these people.. check out Jack Boggle’s (founder of Vanguard) comments on culture and how it effects your investments. I agree with him.
Rio was very dangerous when I went there. So many other amazing smaller Brazil cities. Porto Alegre or along the coast north of Rio. Rio would be my last choice. btw..you really need to learn portuguese to spend time there.
yup after what happened in canada and what the feds are trying their best to bring back, you have to get out of here. i will be gone quite soon hopefully by the end of october either in costa rica or moldova.i have my osprey bag, new suitecase, got rid of old furniture and getting contractors in before october 15 to renovate my place to become a rental. do not kid yourself, the last 2 years are a taste of whats to come
you people in KKKanada need to get organized and change things.
Planning my escape from Canada as well. Probably going to pick Portugal. Not the same country I grew up in 20 years ago
yup canada sux coz turd-oh & freeland are doing much damage as WEF proteges, so it's mostly hopeless now
I live in canada and it’s awesome pray tell what happened in canada that was so bad??
Any news on Indonesia or Peru ?
I m going Malaysia for 3 months
I'm in Switzerland - get in if you can.
@@Resmith18SR There is all sorts of ways: work, family, school, lump sum taxation program, etc.
I am Swiss, get out if you can...
@@davidepatti4835 I'm not going anywhere. I'm staying put right here in Switzerland.
try scalea Italy it’s like amlfi coast at a fraction of a price
Picked Cambodia in 2013, made the move in September of 2019 - great timing or what? - and it's worked out great for me. Been doing real estate investment here since early 2014.
Agreed on residency in Singapore just not being worth it. I buried that idea about 12 years ago. Great place to visit though.
How are you handling the language?
@@synewparadigm You can do as little or as much of the local language as you want. Apart from English proficiency being better here than in Thailand, there are of course also simultaneous translation apps.
Cheers from Kampot.
[Sorry, only saw your comment now.]
@@spinalcrackerbox I'm also interested in Cambodia since entry to Malaysia is kinda getting expensive, can you guide me what's it like to actually live there with family and make it a second home?
Also does residency eventually leads to citizenship?
Thanks!
Always great insight, and always spot on!
Much appreciated!
I’m actually working towards a tri fecta of Florida , mexico , Costa rica. Escaping canada. Ideally would like to have a work visa in Florida, but probably going to establish
A business and residency in Costa rica.
LISBON...PORTUGAL! 👍
can you do a video about the new Malaysia digital nomad visa and what you think the tax rate will be?
As a Brazilian living here, I can say with 100% sure: As a second citizenship, it is quite nice, plus we have a dual agreement with portugal, giving us a easy door to Europe. As a place to void income tax, maybe if you are a entrepreneur you can save a lot by applying the Rich Dad Poor Dad concept, the problem is the absurd tax in consumer.
what is absurd tax in consumer ? please explain
@@youngshaheen2834 i just bought a some bananas, a coke, a hair brush and bread, paid 14,51brl 4,91 from that was consumer tax. My energy bill in January was 172,89 aprox 35 was consumer tax. Just to be clear, we do not have a tax named consumer tax, we have many tax here, federal level, state, city level, and on the receipt they show the total amount paid and how much of it was taxation. If this was not enough we have income taxation as well, that varies progressive from if I recall correct 17% up to 27% in the income. If I was not clear enough, just ask
@@youngshaheen2834 and as a entrepreneur you could void some of the income taxation, by applying the rich dad poor dad concept
Would love to know how you would rank the most walkable cities that are that are easy to live in as an expat.
Currently in Brazil as an expat, the walkability is so-so, but fairly cheap to live in
Walkability is very important and needs to be mentioned more.
Palermo is a great walking city
Thessaloniki, Podgorica, Cordoba, Ljubljana
Yes, I’ve found that in many major LatAm cities expats tend to live in condominium compounds that can be a bit isolated (Santa fe in cdmx for example) and car oriented.
I always thought Medellin was pretty walkable, especially Poblado. The hills are pretty numerous and can be steep, but if you are decently fit its not a problem. You can live within a 15 min walk from malls which house most everything you need, grocery store, banks, phone support, restaurants, home improvement , mechanics and govt offices, and some even now have hospitals and clinics attached. Public transportation is cheap, albeit difficult to master, and goes everywhere. Taxis are abundant and the airport is only 45 min from the city.
For me it is Buenos Aires Argentina 🇦🇷. I lived in Buenos Aires Argentina for nearly 10 years. I purchased a home in Mar Del Plata Argentina 🇦🇷 ❤️.
Was it hard to get a visa? Is it a safe place?
@@synewparadigm First of all Buenos Aires and Argentina is one of the safest countries that I have ever visited next it all depends on where you are coming from if you are coming from the United States you don't need a visa you get to stay in Argentina for 90 days and if you take a short ferry ride to Uruguay and return you get another 90 days and this is unlimited you can do it as many times as you like but for other types of visas I suggest you contact an immigration attorney in Argentina. Argentina is a nation of immigrants and they are very welcoming to people that want to stay long term.
If you like tacos there is a documentary on the different tacos of Mexico just saying
I’ve lived in many places across the world hmm Kuala Lumpur interesting
How about Kuwait?
if you live in 3 different countries, what do you pack?
3 year residency in UAE is attractive. Plus it can roll over for additional terms. And the real estate rental return is amazing.
Get your mask on then. Fk that
Wow. So interesting
You said Killeen Texas as friendly?😄
How hard or easy would it be for a child of a Hong Kong citizen to get citizenship if they're over the age of 18 year old?
Malaysia was looking good in terms of settling and being a tax resident but they're now tigghtening up on foreign sourced income. I don't really want to relocate three times a year so maybe Thailand might be an option as foreign sourced income is not taxed if it is not brought into the country in the same year it was earnt.
I’m from the US and am currently in the Dominican Republic. Plenty of good priced food. Cheaper cost of living. Private health insurance is reasonably priced. I have a pay as you go cell phone. We have all kinds of international food in supermarkets. Price smart is like Costco. Malls are also very nice. I live in an agricultural region plenty of free clean drinking water and crops and livestock here. Life is slower paced. But there isn’t crazy violence here like in nyc. There are many immigrants here from China Venezuela Columbia and many other countries. There are great bilingual private schools. Lots of nice hotels beaches and resorts. In cities there are food delivery apps like Uber,Uber eats, Pedidos ya, didi, didi food and probably some more. So it’s getting more convenient.
Recreio is definitely and amazing place to live in Rio. Florianópolis is very cold and the sea water is freezing - better stay in Europe/Us
Mexico
I want to Mexico
Mr. Henderson, I have a bizarre request: that you list the countries where it is safe to drink the tap water.
This information can be easily googled. Generally it’s only the developed world. Among the countries in this video, Portugal would be the only one.
all developed countries test tap water
You can't drink tap water in some parts of the USA. Not worth a seperate video on this
European countries
It doesn't matter, because you can easily filter your water, or drink bottled water. You can install a filter in your sink faucet or even your house's entire water supply. So it makes no sense to choose a place to live based on the tap water quality.
Andrew, two hours up the road from Vienna is Brno🇨🇿 regularly ranked in the top cities for quality of living 👌
A recent survey says that up to around 600,000 young Australians will be moving out of the country over the next year (age group 18 to 29)
Means nothing
That's if they're allowed to leave 🤣 ------
+nick bali ..... the only country(s) i know that does that are n. korea, russia, and china
@@007thematrix007
Most people who wanted to leave Australia during the Covid years were not allowed to leave Australia, ESPECIALLY Australian citizens. The government made it extremely difficult even for people with bona fide reasons to exit Australia.
Any link to that claim? Or did you just make it up? Stats are at the moment more people are coming permanently or long than leaving. Fact
North Cyprus
Really. Tell me more
Love you channel Andrew. Have to say though, Lisbon is hardly a new hot spot, neither cheap for rents. Even Madeira is not so new a a hotspot anymore.