I haven't checked for cost adjustments today, but a few years ago, I spent 3 months in Goa, India. I budgeted $1000/month, but was unable to spend more than $800. I rented a 2 bedroom condo in a gated community with a swimming pool and twice a week cleaning. All western standard, for about $400/month. I rented a motorcycle for $100/month. Then I ate every meal in restaurants. I didn't limit myself in anyway. Food was like .50 cents including drinks. Every other day I went to the barber to get a shave. Then I spent my days riding around the villages and jungles or working on the beach with my laptop. Absolute paradise and no money worries whatsoever.
I mean as an indian myself, india is pretty cheap but at the same time its not worth it. It's good if u live in mumbai,pune,uttarakhand or some southern part of india, just please don't move to northern part specially delhi. It's not good. I myself am trying to relocate abroad so..... idk what to say anymore.
Yeah I work six months in construction then I travel six months abroad. Usually I move around a lot but now I’m looking at staying in the same spot and renting and just chilling.
Many western countries will make this harder or at least not as appealing tax and otherwise. I think Andrew did some videos on it. Maybe he’ll do more.
This is the lowest Andrew tell the more lowest is go to india pakistan bangladesh nepal bhutan maynmar all these places u can live in 500 dollars as well 😊 eat sleep watch t v , roam around on your bike, with all facilities including maid services . Find small cities in these countries not the capital cities
@@sr9253 There are plenty of baby boomers already retired. All of them born from 1946-1955 are over 65. The Jonesers are starting to retire now, the mico-generation between the Boomers and early Xers.
I am a Native New Yorker.. mom and dad from Puerto Rico and for me? It is Turkey all the way!!! The food the city, Istanbul, the country, Bodrum, Kas, the beaches , the culture ,the people, and the Turkish Rivera ? It is gorgeous🌊🌊🌊
I loved Istanbul when I was there a couple decades ago, but the current president of Turkey has initiated extreme Islamism...is it safe for single women at this point?
Learning to live and get by on almost nothing is one of the best experiences you can put yourself through. It teaches you to appreciate and be grateful for what you do have and it rids you of worries and stress of where the money is going to come from to maintain an extravagant lifestyle. It's not easy to be happy if your mind is worrying. Living extravagant doesn't bring peace and contentment or happiness especially if you must stress and worry about how you will maintain that lifestyle!
I totally agree, beautifully expressed. I spent so much time accumulating during the Spring and Summer of life that now going into Autumn I'm enjoying the harvest of decades of working and investing. I'm grateful I worked and saved when I was young, energetic and had the stamina because now I don't have to focus on income at all. Remember the fable of the Grasshopper and the Ants.
Valpariso, Chile works for me. Weather is like Southern California. Internet is good (for working online). Cost of living is good. I live a five minute walk from the beach and don't need a car because there is good public transportation. My costs are less than 1000 USD per month.
@@bobbyboy1125 Americans have good visa free access. There are multiple temporary residence visas available & after 9 months in Chile you can apply for permanent residence. After five years you can apply for citizenship. Chile has a Teir A Passport with access to the US, Canada & New Zealand. If you run your own international business, you may be eligible for an APEC Business Traveler's card as Chilean if you naturalize that adds potentially visa free access for 30, 60, or 90 days to China, and Australia along with other Pacific ie Southeast Asia, East Asia & Oceana countries too.
You can live pretty well on 1000$ a month in most Balkan countries. I spent 3 months in Serbia (1 month in the countryside, 1 in Nis and 1 in Belgrade) on about 800 euro per month and had a blast. I was staying at AirBnBs, using taxis at will and eating out a lot. Great food, beautiful country.
I agree ) You can live in Serbia for 3 months then North Macedonia for 3 months then Montenegro outside summer season for 3 months ,then either Bosnia or Bulgaria for 3 months and see which one is your liking) All for 1,000 dollars a month and money left over
@@dorseykindler9544 absolutely. Vlore us amazing, so is Tirana. Y'all should really consider Kosovo. Pristina is the economic capital and prizeren the cultural capital. They love tourists and hospitality is second to none
Bulgaria is pretty cheap with great location in eastern Europe, close to Greece, Turkey and most of Europe. It is safe and has beautiful mountains and great beaches at the Black Sea.
You can actually live here in Thailand on $1000 US per month fairly easily. We had rented a new 1 BR townhouse for only $150 US per month and utilities are really reasonable here. Food is reasonable and there are both "fresh markets" and regular grocery stores. The Thai people are very outgoing, friendly and fun to be around. 😊😎😊👍👍👍
I've been living in Latin America for the last 7 years on my Social Security.. approximately 1000 / month.. I pay less than $400/ month in rent and utilities... buy and cook my own food and use public transportation .
@@gregoriopuro Going to have to second Mexico just because of the infrastructure, the American businesses, clean, large expat community, 2 to 6 hour flight to US, senior discount program, very good medical and dental...Just plus plus plus over other Central and South American countries.
Philippines, English is their second language. I never spend over 650 dollars a month and live on a small island with access to serval bigger cities nearby. Beautiful here on Camiguin Island.
You have a pension or live on investments? I opened a burger resturant in BGC but i also thinking about 150k into something like NUSI and then buy a house for like 50k
I love the Philippines so much, always thinking about moving there. Loved Bohol but don't know much about the costs etc. Thanks for the tip, will look into it!
1K US dollar is around 4K Georgian Laris. That's salary of mid-top management employees of Georgian companies. Long story short: With 1K $ monthly in Georgia you are RICH AF!
They also welcome digital nomads! One of the best and easiest to get digital nomad visas in the world... And those with this visa pay a whopping 1% tax rate... I Love Georgia haha
@@cgdavid6017 In the capital city Tbilisi, you’ll be fine with just English. I know quite a lot of expats living in TBS and none of them speak Georgian. In rural areas English is less common
@@daveriley6310 Around 10 years ago your comment would be correct but according to ongoing inflation happening to Georgian Lari, you are wrong. Not long ago 1000 USD was 1700 GEL, not it's almost 4000. Do you see the difference?
@@daveriley6310 I dunno in which Tbilisi u've been to but in here where I am at the moment prices look like this: 1 bedroom apartment - 500GEL Bills including internet - 150GEL Dinner in a fancy restaurant - 40GEL Taxi ride - 10GEL(maximum)
They aren't the target at all. I guarantee most viewing this channel are in this budget range. Check aquaholic for what I mean; multimillion super yacht tours for the budget layman
He says somewhere he works with (meaning can reasonably help) people who spend 50 000 a year on taxes, which in many countries in the west means you only need to go somewhat over 100 000 a year. Still prob not most people on this channel.
Regarding your comments on Buenos Aires. Yes, it is an amazing place. I know because I live there part time. One major hassle, however, are the stringent currency controls imposed by the country. The city is expensive if you use your credit/debit card. There are two currency exchanges: the "Dólar Oficial" which as of today is 95.65ARS to 1USD. Then there is the black market dollar known as "Dólar Blue" which as of today is 174ARS to 1USD. If you sell your dollars on the black market, you can live quite well but this means that you must deal in cash for everything and then replenish your dollars by either leaving the country and returning or by having friends come visit. Then, there is the additional hassle of safely hiding your dollars in your apartment. For me, it's worth the hassle, but it is a consideration.
Sounds perfect for living six months per year. What is the cash limit you can bring in, do they check and does anyone in authority ask you to prove how you were able to live so well on so little? Is the black market an open secret with few penalties?
As an update foreign Credit Cards are now on par (or close to the Blue Dolar, making it at least usable when you inevitably run low on cash. Game changer.
We send money from USA to Argentina using western union and get the blue dollar rate so it seems if you have dollars outside USA you can send yourself funds for in person pickup or to your local bank.
In Argentina cash is king, so don’t overthink it. If you’re using cash only you can easily access to multiple “blue dollar” providers, with literally no issues whatsoever.
When I was 21, I took a one-way to Istanbul and ended staying for six months. I arrived with $4000 and easily lived there without doing much work on the side. I'm addicted to that city now and I've been trying to get back ever since. Making it my goal to make a real move there this year, but have to figure out how to navigate this whole six months-no residency situation due to my job. Would love to invest in a property there.
@@MedievalFantasyTV It gets a little chilly in the winter but not too bad. It's summer now, and I don't have AC or even a fan, and it's comfortable. It's never rained hard enough for me to use an umbrella.
I lived in Belgrade for less than $1,000 a month. I got stuck there during the pandemic and stayed for 2 years. The people are friendly and helpful, plus they speak English really well!. I tried Tbilisi recently, but it was not my place. I just didn't vibe with it. I felt like it was a bridge too far and few spoke english. I thought I would stay for a year and left after one month.
Tbilisi is mostly a man's city, in my experience. Like Georgia is the country more comfortable gen for men in general than for foreign women in particular.
Miri and Kuching, Sarawak in Malaysia is much cheaper than Kota Kinabalu. Sarawak has its own SMMH2 which is a lot easier and cheaper to obtain than that required by West Malaysia.
@@owendavies8227 what is UR favorite to grow? Hi fr overtaxed NYC metro area....Litchfield County, CT... why not move to Philippines? Palawan, Nido beach, Boracay beach....there is ALSO a city of WATERFALLS...& TONS of US residents EXPATS...they R building Subic Bay...Pampanga, Philippines RATED# A province $10,000 GDP avg....or move to BGC, Makati , Metro Manila etc... a Rabi & his young family moved fr Chicago to the Phils just in time WAAY B4 Covid 19
@@joyrunzel9203 ....lol...wash dishes at Boracay Beach Philippines or Nido Beach or Palawan...or........... at Mall of Asia in Phils (Flying the Nest.. utubers)
I live in Almeria, Spain, and can easily live on $1000 a month. I also lived in Porto and it's also very affordable. Next year I'll move to Medellin. Thanks for your videos!
@@alejandro_ramirez I've moved on from Medellin, but for sure you can enjoy a nice lifestyle for $1000. I actually made a video about my cost of living in Medellin :)
I lived in Azerbaijan for a couple of years and used to escape to Georgia because it was so warm and friendly. I really agree with this recommendation.
I'm from South Africa and currently live in Buenos Aires. We live very well (big 2 bedroom apartment, with a pool on the roof in one of the best streets in the city) for $620 (this is net, with all extra expenses added), so $1000 is very doable in BA. For reference, in March 2022, when we moved in, the rent was around $835. In March 2023, the rent will go up by 50%. And then the peso will continue devaluing, so we'll be at the 600-700 range again pretty soon.
Wait, the rent goes up regularily, every year?! 50%??!! I woould never feel relaxed then. What if the prices go up and up? What was a relatively cheap city will become unaffordable! Question. I was looking at apartments in BA just now, and noticed that almost all places had no heating devices! Sometimes very shitty electrical heaters fixed under the window... Is it a norm for BA? It gets chilly in winter, down to 10-12° C. Do they even have central heating in the city?
I'm Honduran, currently living in Manila Philippines, and I'll say, $1k can get you comfortable living,(with nights out haha) give you both BIG CITY vibes and beaches on demand, the beach areas have excellent broadband /fiber optic coverage in case you want to continue catching up with work
Literally just moved here six weeks ago to Newport City, Pasay so I totally agree with you. I wonder why he hardly ever talks about the Philippines 🇵🇭 ?
Thank you, sir. I don’t fit into your clientele as far as income goes, but I have been a small business owner and a Dave Ramsey student for 25 years. I watch all your videos because it’s never too late! This is a perfect video for me as when I retire I won’t be destitute but I won’t have millions either! Thanks for sharing with us who haven’t quite arrived!!
Don’t think too much about digits in the accounts. Most precious things in life are free of charge ! In our days it is important to have a clear mind, to select information and great inspiration will come, afterwards also more and more digits 😀
Hey Julie, You are most welcome in Bangalore; INDIA as well. You Must try, Good Life , Good Health care facility, High SPEED INTERNET. Expenses not more then 800 USD.
I liked Nairobi, Kenya. My gf is Kenyan and during a Safari trip, I partnered with our Safari Guide to start a farm and ranch. I’m now an owner of 4 bulls and 20 goats in Masai Mara! 🤓🥴
This was extremely good content. Answers exactly what I’ve been asking myself these days, as I’ve grown tired of quarantining and want to relocate. THANK YOU for the great info. We’re going to do 3 months Buenos Aires, 3 months Colombia, 3 months Tblisi and 3 months Istanbul.
Be sure to take a lot of cash with you when going to Buenos Aires. Because of currency controls imposed by the Argentine government there is a bustling black market known as the "Dólar Blue." If you use your credit card, atm card, and the official cash exchange, Buenos Aires isn't all that cheap. If you sell your dollars on the black market and deal only in cash for your expenses, you can live quite well for little money. Example: todays exchange rate: the Dólar Oficial is 95.65ARS to 1USD; the Dólar Blue is 174.00ARS to 1USD.
Salamanca, Spain. I am a US citizen. I stayed there with my wife who was getting her MA at 5K$ for three months. One can rent an apartment there for 400 euros. First and foremost the city is an oasis of intellectualism. They love their heritage past, and so do I. One may eat a filing tapa and have a mug of beer for three euros, or buy for even less at the local market. He can catch two way bus tickets anywhere in Spain or even in France for twenty euros prior to C19. He can book all inclusive four day vacation packages to Pamplona for 150 euros. Valencia, Spain is even better, but not quasi-centrally located as Salamanca is for travel purposes, but I also highly recommend it. I would leave the US today and live there for what remains of my life, if my wife was ready.
Valencia is easily the best value city in Spain, probably the best weather and great food. You will not make it with 1k$ though, I know because I live here after living in 6 other countries. Properties and rent are insanely expensive. Maybe Alicante is closer to 1k limit.
Before it was discovered, we spent 3 months at Ulu Deniz near Fethiye, Turkey on a $1,000, not a month but in total. There was nothing to buy but food and we lived in a Ford Transit van on the beach. Everything like delicious wine, cigarettes, a haircut all cost 50 cents. I recommend finding a place like this that is not yet discovered.
@@jaylenbrownfan2112 Ha. Of course. You would need around $10M to kick off that much dividend income per month. Not undoable for the wealthy class. I would just be interested to see Andrew's take on best cities when money is no concern.
Good option but isn't that more like living "inside the box"? Ill go with Europe because I believe it's a more trustworthy investment in the long run and has more inherent value attached to it. Just not sure I would risk big money on a third world government that might go sour on foreign investors at any time for any reason. That's my take.
Indeed. I often coach women who are in toxic, often abusive relationships. Andrew’s dad’s wise words: “go where you’re treated best” fit quite well in those situations, too. It can be very frustrating when a woman is in denial about how terrible her situation truly is. Many Americans are in a similar state of denial about their country. “Go where you’re treated best”, is advice my abuse survivors have never heard before. They have heard all of the standard counseling stuff. “Is this where you will be treated best? For the rest of your life?” makes them pick it up and turn it a bit to see a different angle.
Thanks for mentioning Kota Kinabalu, Malaysia. I just love this place. If u like beaches, island hopping, water sports, hiking, seafood and tropical fruits. This is the place to go. Especially during the lock down, I thought we might have nothing to eat, but people here are so creative and nice, they deliver all the fresh produces to your house. I think this is a underrated city. To me this place is a paradise.
Wow ...surprised that you named my city Kota Kinabalu as a good cheap place to live in Malaysia. Yes, Kota Kinabalu @ KK is a beautiful small city to live a laid back lifestyle with great weather, beautiful beaches nearby, good food and with nice friendly people. And most of all it's centrally located in Southeast Asia and we'll connected by cheap air travel making it an ideal place to base yourself for travel in the region.
Problem for me in KK is the place is almost entirely Malay Muslim and Chinese Christian/Chinese mixed religion of Taoism and Confucianism. NOT Hindu or Buddhist. Virtually no Indian Hindus. This translates into lousy for vegetarians
Corruption is the BIGGEST problem, safety is not just financial, it’s fluid, take Lebanon as an example or Venezuela, probably two of the most desirable countries in the world at one time, keep yourself fluid, enjoy the people and cultures, but by all means have an exit plan
I loved living in Batumi, Georgia for awhile and I definitely spent less than $1000 a month. I like Tbilisi too, but I prefer living on the coast and the weather is more mild (though you're not too far from ski destinations). Thanks for this video!
The situation in Georgia has changed a lot in 2022. After the start of the war between Russia and Ukraine, many Russian oppositionists went abroad, choosing those countries where they can live cheaply and legally. Georgia became the main destination for Russian emigration. Considering that Russia is a huge country of 140 million people, and only 3.7 million people lived in Georgia, real estate rental prices instantly skyrocketed. There is simply not enough housing in Georgia to accommodate tens and hundreds of thousands of people. Something similar happened in Poland after the arrival of Ukrainians who fled the war.
I was in Antalya 22 years ago, the city was nice and clean, people were friendly, especially the girls, local beaches are beautiful, the produce was fresh, skiing is less than a 2 hour taxi ride into the hills, ski lifts were also cheap. Turkeys Varan buses had the best service ive experienced to this day, the waiters wouldnt stop feeding us, the bus terminals are better than some western airports ive been to.
After traveling all around, I found DaNang Vietnam to be in the sweet spot. Not to big, but with all the amenities. A world class beach, friendly people, healthy food, adventure, international airport. US residents can easily get a one year visa. I liked it so much I bought a condo there and split time between Seattle.
Surprised that anyone would want to live in a communist country. They don't have a good track record regarding personal property rights.... most people want to go to non-communist countries from there..... (I am from one of those countries.)
@@Arabzene Despite & in part because of my father's history, I want to go there, DaNang specifically because it is actually one of the fastest growing private sector economies in Asia. Whenever I see TH-cam videos of westerners in Saigon, DaNang, or Hanoi & the streets are filled with western brand signs for stores & restaurants I think it was such a massive waste of lives and resources to spend so much to protect the Firestone or was Goodyear rubber plant near DaNang where more than 80% of US & Aussie forces in Vietnam had been concentrated.
@@jeremyleonbarlow hmm, I understand. Since you have a personal connection to the place, you may want to risk visiting/living in a communist country.... For me, it was bad enough that we ha to risk our lives to leave, enough for a lifetime. I avoid these countries like the plague.
@@booringtrips7832 I am a foreigner but spanish is my native language. Argentinians are pretty open with foreigners and they have the best english level in Latinamerica, you can check the EF english proficiency index, but that does not mean that everyone speak it well.
Travelled and lived in 81 countries... 4 from your list. IMHO Bali, anywhere is doable on $650, food, accommodation, scooter, drinks... Spent months there...
@@luv2travel2000 Philippines most ppl FEEL "at home" right away... excellent health care at Large cities...U can purchase Travel insurance & have Phi Health card= 25% for foreigners...
If you are a startup entrepreneur, Bangalore is the best for living comfortably under $1500 a month. Best part is that you can get maids to help with house hold chores for as low as $50 a month.
Perhaps Bangalore is different than Kolkata and Mumbai. But in those metropoli it is both expensive and complicated for foreigners (and locals!) to get good value accommodation. I have a ten-year visa for India and I seriously consider retiring there for six months per year. However after a few weeks I am driven crazy by the honking traffic, population density, bureaucracy and especially the non-flirtateousness of Indian women compared to S. E. Asians. I loved Sikkim but even non-Sikkimese Indian citizens can't stay there (then why can Tibetans?) I have a love-hate relationship with India. But like all of South Asia, it is certainly affordable.
Hahaha I hear this "housekeeper for $50" in many countries. Right now I do that job. Takes maybe an hour a month. So people say "Wow, cheap!" but for me "What a waste of $50 a month." Same with eating out "Look how cheap!" I cook my food which I like, takes less time than going out or ordering in. I see a lot of delusion going on on costs..
So far the only place besides the West I've lived in is Bogota, and it's very affordable. You can live with a monthly budget of $1.5k-2k CAD and live very comfortably.
Dumaguete, Philippines - also made Forbes top ten at least once. English speaking, fresh food, decent healthcare, ocean, expats. For a milder temp there is Valencia close by in the mountains.
I've done it in Madrid on 1,000E a month. I lived less than 1km walk from Retiro parque in the largest bedroom of a huge apartment. Travelled around Spain from time to time, took day trips, partied every second weekend. My grocery bill was 6-10euro per week. I bought only 7 items the same each week. I managed money better then than when I've earnt a lot more.
@@ivanoov3285 haha! Ok so maybe it was more than seven because I regularly indulged in the delicious pastries in the bakery section of Lidl. Tuna, olives, kale, potato crisps, chocolate, digestive biscuits and oranges.
I lived very well in Arequipa, Peru for around $600/month, 2 bedroom apartment near the city center for around 200USD a month, lunch meals around $2-3 and a nice dinner for less than $10.
@@belle42 That was in 2017, I can’t comment on the situation there now as a lot has changed. Also, with the current Covid restrictions Perú may not be the best place.
I agree with Malaysia, two thumbs up five stars 10 out of 10. Great people, great food, clean cities, low crime, economically politically and religiously stable. Malaysia is a go.
@@guillemsolersuetta5924 I'd bet. I visited, loved it. Great and reletively cheap food, friendly people, good housing prices, good demographics, weather too. Romanians avoid it because of old police corruption legends, but that wasn't my experience there. 👌
Hi fr overtaxed NYC metro area...Litchfield County, CT thanks...I was looking at Romania & they mushroom hunt, & have VERY many farmer's market/fresh vegetables/organic farm items...that IS a plus...
Plovdiv or Stara Zagora in Bulgaria, cheap to live, great people, amazing history, food, culture and nature. Coming from Australia its been a pleasant change to escape the high cost of living. Almost bought in Tbilisi but wanted to be closer to European countries when driving.
I am actually from tbilisi georgia and it's nice to see that foreigners are looking too live here and bring money in to the economy as somebody born and raised you can get away with spending way less than a grand here but that will require to cut the luxuries I would say and average gorgian probably spends something like 350-400 a month on stuff like rent food but as a foreignear I would see why 1k a month seems reasonable
@@grahamlawlor8361 This video was made before Putin invaded Ukraine, which caused a lot of Russians to flee to Georgia and consequentially balloon the cost of housing there.
@@monaliza3334 Russians did not flee to Georgia en-mass before last year when they started being conscripted, and sanctions caused a lot of people reliant on foreign income to lose access to their money. It was mostly conscription that caused a lot of people to flee, not the years leading up where Russians themselves were pretty much unaffected.
Boquete, Panama. 65-75 degrees year round, safe, beautiful mountain community, inexpensive food, about 45,000 people (many of whom are expats and speak English), lots going on.
@@clivejenkins4761 , it does rain, but it rains quite a bit where I am as well, so I am not bothered by it. Furthermore, I will be in Panama during the months where it rains less . For my purposes, permanent residency is just fine. I don't need citizenship.
I used to live in Mexico for $300 per month in 2018. Heck I’ve been investing and saving so I can go back and retire there hopefully soon. I know the media paints Mexico as a “dangerous” country, but they are full of it. There is dangerous areas everywhere even the US like Compton and South Central.
I am currently in the little city of Luang Prabang, Laos and living on less than $1000 a month. I got here totally by accident in the world wide lockdown of last year. Although I am not trapped here, it is difficult to get a flight out of here at the moment, and I decided to stay here for the time being. The USA is not looking that attractive to me at all anymore. Food is cheap here, I got pretty lucky and got a very nice apartment for slightly less than $200 a month (covid prices). Luang Prabang is probably the most expensive city in Laos, and it's really a large town rather than a city, but it is one of the nicest cities that I have been to in Asia. There are some drawbacks to Laos, I would say healthcare is one of the major ones. Of all the cities that I have been to in Asia, Bangkok, Krabi, Phuket, Pattaya Chiang Mai, Chiang Rai, Georgetown, Kuala Lampur, Hanoi, Hoi An, Saigon, Da Nang, it may be the nicest little city, it has charm. The people are extremely kind, gentle, and nice. Its not a bad place to live, but longterm, I like being near the ocean. Most of my experience here has been without the normal influx of tourists, it's an experience I will forever cherish.
I was in Vientiane for an overnight visa run and in one hour was approached by two different people curious about me, and had nice conversations. It is the interactions that you have that stay with you, I'm looking forward to going back for a couple months.
Montenegro is not cheap. In terms of natural resources, Montenegro does not have anywhere near as much for food, products, and more to Vietnam or Portugal, which are cheap. Check out our Montenegro on our channel.
I appreciate these videos. There is so many options of places to go. I was in El Salvador, San Salvador, Now I'm In Utila, Honduras. But for me, nothing compares to the Philippines.
I'd add Plovdiv, Bulgaria to the list. It's not the capital, just the cultural capital. Google it, it's worth it. One of the most ancient cities in Europe. Very affordable to live in, quite beautiful and multicultural. Also compared to Sofia it's a LOT warmer. The winter here is barely a winter, however brace form some blazing hot summers. If you want to live by the sea I'd recommend Burgas.
@@elkinjohn Nope, not at all. I am not sure exactly how things stand documentation-wise but it should not be a problem. Essentially we are an american colony so... It sucks for us, but you will have no trouble for sure. :))
Love this! I agree. I moved from California to Buenos Aires. I was able to live on less than $1000 a month- which included a vibrant social life, eating out frequently, transportation, and entertainment. It was often VERY difficult to get money out of my accounts into cash, so be mindful and pace your spending as it is still a cash economy.
Social security is what I am talking about. I have an itty bitty retirement account, since company pensions and even state pensions in some cases, have long dried up.
Andrew, it would be wonderful if you dealt with issues such as Visas, language and most importantly........affordable medical insurance for retirees. Without coming to terms with these three things a thousand bucks a month won't be of much value. Otherwise I love your videos. Thank you. Dave
Glad to hear your recommendation of Kota Kinabalu in Malaysia! I have a place there and love it. Just waiting for the country to open up and complete my MM2H visa!
We live as expats in Thailand. A thousand dollars per month will allow you to live a middle class lifestyle. Immigration is a bit difficult if you are under 50 years old. I personally don’t like big cities, so we live in a small beach town where people are very friendly and prices are cheap.
I would move to Georgia just for the wines! They have the best wines in the word IMO. They have some of the oldest viticulture in the world, so they know what they are doing!
@@jessicali8594 the meat is absolutely awful. Really tough, and that's ordering home delivery from a high-end butcher. You could pay for imported Texas beef for $50 USD though at Gastronome.
@@alipainting Yup! I'm originally from Melaka but moved to US some 30+ years ago. Now thinking about going back to live/retire at least part time. $1k should be more than enough. Everything is cheap....food is awesome but the weather is brutal.
@@meiharris9007 thanks Mei. I was in Malaysia and it was really lovely. But I didn't go to Melaka and then I was sad because I read about the old colonial architecture. I need some from of beauty, it's good for the soul. Don't mind a bit of heat and humidity, but a monsoon rain 🌧️ for months would be tough. I'm also an immigrant but from a cold and rainy place, the north of England, not going back there 😆
Buenos Aires is becoming more dangerous lately. I wanted to retire there, now I am not sure now. Political issues and drug cartels are making Bunos Aires unbearable. Thank you for your video and all the choices and comments
I spent time in Buenos Aires in 2012, I cannot imagine living there fir $1000 a month, it is super expensive to live in safe areas. Going out is very expensive.
There are no drug cartels in Buenos Aires. Where did you get your information from? Perhaps you are confusing Buenos Aires (capital) and Buenos Aires (province). Two different things.
Been living in Baguio City Philippines for 5 years on $1,100 per month. I would only recommend this if you are married to a Filipina which makes your immigrations requirements stupidly easy. I am married to a filipina, I have to do one annual report of residency for a cost of $6 and every 5 years I need to renew my immigrations ACR i card for $20. I now have permanent residency where I never have to leave the country if I don't want to. I also have a work permit as part of it if I want to work.
Gold. Thats very helpfull information mate . Cheers hey insane cheap card wow. Will now look into this avenue. may save my familys life mate .. so . On ya mate
I'm currently in Tashkent, Uzbekistan. It's not that much to live here. I'm a worker and not retired yet, but I'm able to save 90% of my income and live well off of a few hundred dollars a month. My work provides my apartment, but that's also not that expensive.
@@ontheline3077 Hey. Yes it's true. I've been there on about 4 business trips to a few cities there, and almost everyday power goes out for around 15 or 20 minutes once and sometimes twice a day. This doesn't happen in Tashkent, and I didn't experience it in limited trips to Samarkand or Khiva/Urgench.
Andrew, I was excited to watch this video. Not all of us are millionaires but the aspiration is there! I just want to live where I do not need a car and everything that comes with owning one. Horrible waste of money, IMHO. Thank you!
Merida Yucatan Mexico! Very Affordable here with lot's of high end amenities. The City and area are growing fast so this would be an amazing place to start off with only $1,000 a month like I did and eventually keep adding those zeros to your income. Highly Recommended! Also Love your channel brother! Great stuff! I share your videos with my audience all the time! Keep up the great work!
@@luv2travel2000 Batumi *is* a city. It’s on the coast with some ambitious casino plans in hopes of being the next Vegas. Not sure that’s anything to aim for right now, though.
@@joyrunzel9203 His YT name is his location? Haha. Got it. So the low cost is living in a hostel in Batumi, Georgia. Hmm... the next Vegas? Maybe not. Thanks!
I recently visited Panajachel Guatemala and it was lovely. The weather is like spring all year round, beautiful scenery on a gorgeous lake. Affordable, the people are really nice and it's very safe. Lake Atitlan has 12 towns surrounding it so you can visit those easily if bored with Pana.
Ethnically I am Georgian but I never lived in Georgia. I have been living in Prague for almost 10 years, I kinda stopped loving it in Czechia after year 3, but stayed for various reasons. However the increased to absurdity prices (especially rent and property) combined with absolutely unbearable handling of the pandemic, made me thinking more and more about moving not to Paris or NY where I always wanted to live but rather Georgia - simply because the prices in big European and US cities are absolutely out of control while wages remain the same :(
Totally agree. I visited Georgia (Batumi) in Nov. 2021. It's actually a very cosy place, well balanced in terms of modern and old architecture. Right now - I am thinking of buying a property there in the next few months. It's probably a place i am going to spend more and more time.
I lived in Prague since 2004 and was there when the pandemic hit. I finally moved back to the States to be near family 6 months later. The lockdown was too unbearable. I'd love to try Buenos Aires.
You guys are so insightful. I just ordered your Nomad capitalist book, can’t wait to devour it. I might even fet in touch with the team as my portfolio as increased dramatically this year and looking to preserve my wealth as much as possible. Thank you for the great contant :-)
Very interesting! As I understand, those places are affordable to have an apartment relatively close to the center of each city. They cater to those who enjoy more the urban lifestyle. Would you have a list of best places that are closer to nature, semi-rural communities, not so urban as these cities, where small farm/natural land is affordable? It would be nice to be able to walk in a wooded area or enjoy a waterfall or river/beach and still be in your own property.
Kep, Kampot, Siem Reap, Mondulkiri, Battambang, Kandal provinces of Cambodia, you can live happily closer to nature with less than 1000$ per month. Thank you!
I would love to live on a sailboat. After the initial cost you can live very well for around $1-2k a month. This is assuming you can preform maintenance yourself and stay out on anchor rather than in marinas.
Cool thing about Georgia, for Americans, is that as a tourist, you can stay visa free for year. Experience all 4 seasons and see if you like it. The only other country that allows this is Albania, which might be my choice if I had only1k per month. It has high mountains, sunny beaches, good food and delightful people.
I am a Malaysian......If you are considering Malaysia to settle down for USD1K per month, i would suggest the state of Malacca....a historic city with modern set up....also yes, their local food is fantastic too!
Im from Penang, very boring. Its just eat and get fat. Hot, humid sweaty. I like cold out doors, lots of nature, grow all kinds of vegetables. Cant do that in warm climates
You forgot to mention the most amazing and underrated beach place in the world called Bali , Indonesia.. You could rent a studio type place with only 260 USD a month , rent a scooter for 100 USD a month , and afford to pay for groceries and drinks with the rest of the 1000 USD .. 😉😉
Which part of Bali are you? Loved the food there but I think I was paying tourist pricing there for the food. Albeit, it is still much better value than here in the west, but much higher for the SE Asia region.
i have been there, it was very expensive. Everywhere you go, they have 2 or 3 price lists, prices for locals, price for tourists, price for white tourists. Bali was full garbage everywhere. Bali is not cheap, except if you want to live for short time
@@Timithos This is true. Also, $1,000 x 12 is $12,000 and falls in the range of five figures. (Not perfect...Spending vs Net Worth. $1,000 per month expenses is going to be a five figure net worth the majority of the time)
Upon arrival in Tbilisi, USA Passport holders get 365 days tourist visa! After that, you can cross into Armenia, go back, and start the visa over! Turkey extends tourist visas for about $20, per month of extension. Argentina is definitely next. I lived there for five years, from 2003 to 2008. Fabulous culture. Fabulous temperate climate in the south. Buenos Aires is very nice, except in summer, it is too hot and muggy. Go south, and enjoy the fabulous Argentine countryside. Mar del Plata is very nice. I avoid tropical places.
I live in California, where I have a pretty decent wage; been saving 75% of my salary for retirement for a few years now; plan to retire in 4 years, in 2025, at 58, and bail out to either Portugal, Spain or Australia, in that order of preference. The theme here is sunshine and beach. My goal is to live on $35K/year or less. Pretty reasonable cost of freedom.
You must be rich to be able to keep 75% of your earning in California. Maybe you own your house or inherited from parents. Most are running away from the sunny State.
Check out my other comments here. You need to look into South Africa. Cost is cheap and the weather here is better than Florida! I use to live in Fla and now live here. Great country...esp if you have a pension. They love dollars here!
Love this channel. I know you make money off of what you do, as you should but the service provided to me is priceless. I’m medically connected to the US military and your information has helped me narrow down the places I would like to live plus what a realistic image of that would look like.
I lived in Johannesburg, South Africa 6 months, it is INCREDIBLE good food, great people! Very modern and Western yet African family flavor. All colors of people! $1000/month is doable!
Andrew, this is one of your best budget friendly videos. "The Spirit of Friendship"....those words stood out. I have lived in America since 2005. What it lacks is the spirit of friendship. It is so hard making friends here. They make great small talkers, wonderful strangers, great suburban neighbors who have to only say "Hi Bob" and go back in for 7 years until Bob does something horrible and the neighbors say "He seemed a nice guy. I never thought that he could do such a thing" What is your take since you have lived in and out of the United States of America.
This is a very accurate description of Americans. We weren't always like this. Back in the 70s and 80s we use to be more friendly and neighborly before 24/7 cable tv and the internet took over our lives.
It’s because Americans move so frequently. They don’t make strong community ties. This trend seems to have started post WWII and probably really escalated in the 1950s-60s with the rise of the aerospace industry. That drew a lot of people to the West Coast. And, we just became a very mobile culture. You may see a difference if you move to older parts of the country, i.e., the Midwest and the East. Larger cities still have ethnic neighborhoods that were settled by immigrants back in the day. People are more apt to know each other in those neighborhoods, though kids seem to be eager to flee at the earliest opportunities. We Americans, by and large, don’t have strong ethnic identities that would bind us to any particular location. We are a very heterogeneous group. In a country like Georgia, the population can strongly identify as Georgian and trace their roots back hundreds and hundreds of years. Though, even in Georgia, the outward migration numbers are very high. In fact, it’s the country’s biggest economic problem.
@@joyrunzel9203 I lived in Wyoming which I believe is mid west. No luck. Now I live in the east coast. That's where I met and became friends with 1 Dominican American 2 African Americans and 1 Haitian American.
![ละลาย (LALALYE) - DAOU PITTAYA ต้าห์อู๋ พิทยา [OFFICIAL MV]](http://i.ytimg.com/vi/wo6r9TgausI/mqdefault.jpg)
I haven't checked for cost adjustments today, but a few years ago, I spent 3 months in Goa, India. I budgeted $1000/month, but was unable to spend more than $800. I rented a 2 bedroom condo in a gated community with a swimming pool and twice a week cleaning. All western standard, for about $400/month. I rented a motorcycle for $100/month. Then I ate every meal in restaurants. I didn't limit myself in anyway. Food was like .50 cents including drinks. Every other day I went to the barber to get a shave. Then I spent my days riding around the villages and jungles or working on the beach with my laptop. Absolute paradise and no money worries whatsoever.
Wow that's interesting! Thank you for sharing 😊
I wanna live in India....Thanks....If I like it there I will skip the rest or go PT there...How about the health care? How much is ER? etc? Thanks....
@@nomadcapitalist That's my top choice if I were to go to India
@@mela6046 Here I am in India, wishing to move out 🙂
I mean as an indian myself, india is pretty cheap but at the same time its not worth it. It's good if u live in mumbai,pune,uttarakhand or some southern part of india, just please don't move to northern part specially delhi. It's not good.
I myself am trying to relocate abroad so..... idk what to say anymore.
I live in Norway, and I am blessed because almost no matter which country I relocate to it will be cheaper than here :D
Taxes smh 😂
That sounds right. Is Norway pricier than Denmark?
@Some John Doe Thanks, regards back!
You should come and visit us again!
@@joyrunzel9203 Yes, we go bananas at shopping in Denmark. Since the prices are so reasonable (food and alcohol mostly).
@@devon9374 There is a shared opinion here that the taxes we pay serve a greater common good.
Like free healthcare and free education.
Please do more low budget video!!!
For people that would like to live 6 months per years in anoher country
Yeah I work six months in construction then I travel six months abroad. Usually I move around a lot but now I’m looking at staying in the same spot and renting and just chilling.
Many western countries will make this harder or at least not as appealing tax and otherwise. I think Andrew did some videos on it. Maybe he’ll do more.
This is the lowest Andrew tell the more lowest is go to india pakistan bangladesh nepal bhutan maynmar all these places u can live in 500 dollars as well 😊 eat sleep watch t v , roam around on your bike, with all facilities including maid services . Find small cities in these countries not the capital cities
Yes, there are a lot of baby boomers retiring soon.
@@sr9253 There are plenty of baby boomers already retired. All of them born from 1946-1955 are over 65. The Jonesers are starting to retire now, the mico-generation between the Boomers and early Xers.
I am a Native New Yorker.. mom and dad from Puerto Rico and for me? It is Turkey all the way!!! The food the city, Istanbul, the country, Bodrum, Kas, the beaches , the culture ,the people, and the Turkish Rivera ? It is gorgeous🌊🌊🌊
Hi, I'm Rican too!From N.Y. and Connecticut. I've been to Bodrum, am looking for a place to retire to for under $1000 a month. My name is Lilly
@@lynetterosario5697 You can only find a house under $300 in small villages close to the coast, the cheapest house in Antalya is $300.
I loved Istanbul when I was there a couple decades ago, but the current president of Turkey has initiated extreme Islamism...is it safe for single women at this point?
@@RC-eb5hqYes, it is. Lots of single and divorced women live in Türkiye .
@@RC-eb5hq what do you even mean by extreme islamism ?
Learning to live and get by on almost nothing is one of the best experiences you can put yourself through. It teaches you to appreciate and be grateful for what you do have and it rids you of worries and stress of where the money is going to come from to maintain an extravagant lifestyle. It's not easy to be happy if your mind is worrying. Living extravagant doesn't bring peace and contentment or happiness especially if you must stress and worry about how you will maintain that lifestyle!
Best comment i have ever read.
So what hippie Commune are you with bro? lol..... Peace man.... PEACE!!!!! I now live in sunny South Africa and love it!
I totally agree, beautifully expressed. I spent so much time accumulating during the Spring and Summer of life that now going into Autumn I'm enjoying the harvest of decades of working and investing. I'm grateful I worked and saved when I was young, energetic and had the stamina because now I don't have to focus on income at all. Remember the fable of the Grasshopper and the Ants.
Great advice! THANKS
🙏
Valpariso, Chile works for me. Weather is like Southern California. Internet is good (for working online). Cost of living is good. I live a five minute walk from the beach and don't need a car because there is good public transportation. My costs are less than 1000 USD per month.
Very interesting. How much is a basic 1 BR or Studio apartment in a "not living in constant mortal fear" type area there?
I always wanted to go to Chile...How hard would it be for immigration purposes? Can you go with a American passport?
I hear it can be difficult to make friends and break into social circles in Chile. How would you describe the people?
@@bobbyboy1125 Americans have good visa free access. There are multiple temporary residence visas available & after 9 months in Chile you can apply for permanent residence. After five years you can apply for citizenship. Chile has a Teir A Passport with access to the US, Canada & New Zealand. If you run your own international business, you may be eligible for an APEC Business Traveler's card as Chilean if you naturalize that adds potentially visa free access for 30, 60, or 90 days to China, and Australia along with other Pacific ie Southeast Asia, East Asia & Oceana countries too.
Wow @Jeremy Barlow,
Thanks for the information. It’s good to know
You can live pretty well on 1000$ a month in most Balkan countries. I spent 3 months in Serbia (1 month in the countryside, 1 in Nis and 1 in Belgrade) on about 800 euro per month and had a blast. I was staying at AirBnBs, using taxis at will and eating out a lot. Great food, beautiful country.
I've seen lots of video's on those countries and am interested. The Phillipines is is also mentioned often but doesn't really interest me.
I agree )
You can live in Serbia for 3 months then North Macedonia for 3 months then Montenegro outside summer season for 3 months ,then either Bosnia or Bulgaria for 3 months and see which one is your liking) All for 1,000 dollars a month and money left over
Thoughts on Albania?
@@dorseykindler9544 absolutely. Vlore us amazing, so is Tirana. Y'all should really consider Kosovo. Pristina is the economic capital and prizeren the cultural capital. They love tourists and hospitality is second to none
Is the region stable now?
Bulgaria is pretty cheap with great location in eastern Europe, close to Greece, Turkey and most of Europe. It is safe and has beautiful mountains and great beaches at the Black Sea.
And you forgot the food...
I am thinking Bulgaria for 2022. Varna seems attractive!
Shh, Don't tell too many people about that best kept secret.
Glad I ran into this site! Living in the US is so depressing now. What a shame!
Last was in Bulgaria in 2006 snowboarding. Loved the place and always considered going back for a few months in 2022 to test out semi retirement
You can actually live here in Thailand on $1000 US per month fairly easily. We had rented a new 1 BR townhouse for only $150 US per month and utilities are really reasonable here. Food is reasonable and there are both "fresh markets" and regular grocery stores. The Thai people are very outgoing, friendly and fun to be around. 😊😎😊👍👍👍
Vietnam is cheaper and easier visa
You can never become a permanent resident in Thailand
Yes, but their government keeps changing the visa rules for foreigners.
Too unstable for me.
@@MrDobberdude visa is not that easy in Vietnam , you have to go for a visa run every 90 days, and never become a resident.
@@m.t4826 are you there now?
I've been living in Latin America for the last 7 years on my Social Security.. approximately 1000 / month.. I pay less than $400/ month in rent and utilities... buy and cook my own food and use public transportation .
Nice
I'm looking seriously into Latin America for retirement . Any specific areas you recommend? Georgia is starting to sound good also!
@@gregoriopuro Going to have to second Mexico just because of the infrastructure, the American businesses, clean, large expat community, 2 to 6 hour flight to US, senior discount program, very good medical and dental...Just plus plus plus over other Central and South American countries.
@@HectorGarcia-nb2ld I think Spanish is a beautiful language.. one of the most widely spoken languages in the whole world
👍🏼
The more I watch this channel, the more I respect Andrew.
@Nomad Capitalist someone must have hacked Andrew's account LMAO. And I'm a dude btw (Kotiara means something like "a cool cat" in Russian).
Retired Canadian, I came to Buenos Aires and LOVE IT!
Good choice!
Philippines, English is their second language. I never spend over 650 dollars a month and live on a small island with access to serval bigger cities nearby. Beautiful here on Camiguin Island.
You have a pension or live on investments? I opened a burger resturant in BGC but i also thinking about 150k into something like NUSI and then buy a house for like 50k
Naga City Philippines $1000 a month and you can live great.
I love the Philippines so much, always thinking about moving there. Loved Bohol but don't know much about the costs etc. Thanks for the tip, will look into it!
Good to know. Thanks Phillipine Phil
I loved Camiguin when I visited there in 2019. What's a typical 2 bedroom house go for?
1K US dollar is around 4K Georgian Laris.
That's salary of mid-top management employees of Georgian companies.
Long story short: With 1K $ monthly in Georgia you are RICH AF!
They also welcome digital nomads! One of the best and easiest to get digital nomad visas in the world... And those with this visa pay a whopping 1% tax rate... I Love Georgia haha
@Транс Аэро It takes around 15 minutes 😁
@@cgdavid6017 In the capital city Tbilisi, you’ll be fine with just English.
I know quite a lot of expats living in TBS and none of them speak Georgian. In rural areas English is less common
@@daveriley6310 Around 10 years ago your comment would be correct but according to ongoing inflation happening to Georgian Lari, you are wrong.
Not long ago 1000 USD was 1700 GEL, not it's almost 4000.
Do you see the difference?
@@daveriley6310 I dunno in which Tbilisi u've been to but in here where I am at the moment prices look like this:
1 bedroom apartment - 500GEL
Bills including internet - 150GEL
Dinner in a fancy restaurant - 40GEL
Taxi ride - 10GEL(maximum)
Even though your target market is '8 figure' individuals, thanks for giving us barely 5 figure folks some tips!
They aren't the target at all.
I guarantee most viewing this channel are in this budget range.
Check aquaholic for what I mean; multimillion super yacht tours for the budget layman
7 and 8 figures. So you only need to hit 1M.
He says somewhere he works with (meaning can reasonably help) people who spend 50 000 a year on taxes, which in many countries in the west means you only need to go somewhat over 100 000 a year. Still prob not most people on this channel.
Pathetic that vids like this realky
@@Vadamsama if u make 90k in the USA ur in the upper 5% of the world income. So he’s talking out his ass
Regarding your comments on Buenos Aires. Yes, it is an amazing place. I know because I live there part time. One major hassle, however, are the stringent currency controls imposed by the country. The city is expensive if you use your credit/debit card. There are two currency exchanges: the "Dólar Oficial" which as of today is 95.65ARS to 1USD. Then there is the black market dollar known as "Dólar Blue" which as of today is 174ARS to 1USD. If you sell your dollars on the black market, you can live quite well but this means that you must deal in cash for everything and then replenish your dollars by either leaving the country and returning or by having friends come visit. Then, there is the additional hassle of safely hiding your dollars in your apartment. For me, it's worth the hassle, but it is a consideration.
Sounds perfect for living six months per year. What is the cash limit you can bring in, do they check and does anyone in authority ask you to prove how you were able to live so well on so little?
Is the black market an open secret with few penalties?
As an update foreign Credit Cards are now on par (or close to the Blue Dolar, making it at least usable when you inevitably run low on cash. Game changer.
We send money from USA to Argentina using western union and get the blue dollar rate so it seems if you have dollars outside USA you can send yourself funds for in person pickup or to your local bank.
In Argentina cash is king, so don’t overthink it. If you’re using cash only you can easily access to multiple “blue dollar” providers, with literally no issues whatsoever.
When I was 21, I took a one-way to Istanbul and ended staying for six months. I arrived with $4000 and easily lived there without doing much work on the side. I'm addicted to that city now and I've been trying to get back ever since. Making it my goal to make a real move there this year, but have to figure out how to navigate this whole six months-no residency situation due to my job. Would love to invest in a property there.
Best time to invest now! Turkish lira is so cheap $1 is 16 tl
@very clairely
Would really appreciate an update on your plans to make Turkey your home. How is it going one year on?
How's the weather there?
@@MedievalFantasyTV It gets a little chilly in the winter but not too bad. It's summer now, and I don't have AC or even a fan, and it's comfortable. It's never rained hard enough for me to use an umbrella.
@@Roguesta54 but the problem is. I only get 30 days (multiple entry) visa to visit turkey
I’m in Merida, Mexico now. It’s rather lovely. $1,000/mo is definitely doable here.
Which places in Merida can you recommended? I’m visiting Mexico this month.
Too hot during summers
I have been thinking about Merida
I 2nd this emotion, been here for almost 3 years and you can def live a nice life here for that amount.
@@hmlqrt2716 Then just get air conditioner.
I lived in Belgrade for less than $1,000 a month. I got stuck there during the pandemic and stayed for 2 years. The people are friendly and helpful, plus they speak English really well!. I tried Tbilisi recently, but it was not my place. I just didn't vibe with it. I felt like it was a bridge too far and few spoke english. I thought I would stay for a year and left after one month.
Tbilisi is mostly a man's city, in my experience. Like Georgia is the country more comfortable gen for men in general than for foreign women in particular.
The misogyny there. They look down on women more so than many other places
Thanks for saying all this about Belgrade! Much appreciated
0:00 Start
1:31 Tbilisi, Georgia
4:44 Istanbul, Turkey
5:25 Kota Kinabalu, Malaysia
6:37 Phnom Penh, Cambodia
7:19 Antalya, Turkey
7:49 Buenos Aires, Argentina
Don't go to Turkey, inflation has hit the roof. One of the highest inflation country in the world right now.
@@Thegerceklershow that's exactly the reason to go there.
BA? Really? How about southern Italy? Philipines?
Miri and Kuching, Sarawak in Malaysia is much cheaper than Kota Kinabalu. Sarawak has its own SMMH2 which is a lot easier and cheaper to obtain than that required by West Malaysia.
S. Italy is way too expensive to live comfortably on $1000
I got a kick out of “you could buy some land and grow your own vegetables” and “sell your plasma or something.”
Hey, I’m 0 negative! He could be on to something here.
Yea, sell your plasma or whatever you middle class people do
As a man with a big garden myself, growing your own food isn't always that economical...In fact, I would say it's very rarely economical.
@@owendavies8227 what is UR favorite to grow?
Hi fr overtaxed NYC metro area....Litchfield County, CT... why not move to Philippines? Palawan, Nido beach, Boracay beach....there is ALSO a city of WATERFALLS...& TONS of US residents EXPATS...they R building Subic Bay...Pampanga, Philippines RATED# A province $10,000 GDP avg....or move to BGC, Makati , Metro Manila etc... a Rabi & his young family moved fr Chicago to the Phils just in time WAAY B4 Covid 19
@@joyrunzel9203 ....lol...wash dishes at Boracay Beach Philippines or Nido Beach or Palawan...or........... at Mall of Asia in Phils (Flying the Nest.. utubers)
I live in Almeria, Spain, and can easily live on $1000 a month. I also lived in Porto and it's also very affordable. Next year I'll move to Medellin. Thanks for your videos!
Consider trying Algarve, south Portugal, eventually.
Almeria has been noted as one of the best places in Spain for food ……..very walkable…….you just walk from bar to bar enjoying the tapas.
Are you enjoying life in Medellin?
@@alejandro_ramirez I've moved on from Medellin, but for sure you can enjoy a nice lifestyle for $1000. I actually made a video about my cost of living in Medellin :)
@@michellehyde2808 really? Do you mind sharing your channel’s name? I’m currently in Medellín, I will go back home to the US on Tuesday
I lived in Azerbaijan for a couple of years and used to escape to Georgia because it was so warm and friendly. I really agree with this recommendation.
How was it like living in Azerbaijan as an expat
@@zzFishstick I’d like to know as well.
@@JaninesPlace I was there on holiday recently, let me know if i can answer any questions
I'm from South Africa and currently live in Buenos Aires. We live very well (big 2 bedroom apartment, with a pool on the roof in one of the best streets in the city) for $620 (this is net, with all extra expenses added), so $1000 is very doable in BA.
For reference, in March 2022, when we moved in, the rent was around $835. In March 2023, the rent will go up by 50%. And then the peso will continue devaluing, so we'll be at the 600-700 range again pretty soon.
How's the crime rate there? I heard it's kind of bad in BA specifically. Also how important is it to speak spanish for your day-to-day?
Proudly South African kunjan!
Wait, the rent goes up regularily, every year?! 50%??!! I woould never feel relaxed then. What if the prices go up and up? What was a relatively cheap city will become unaffordable!
Question. I was looking at apartments in BA just now, and noticed that almost all places had no heating devices! Sometimes very shitty electrical heaters fixed under the window... Is it a norm for BA? It gets chilly in winter, down to 10-12° C. Do they even have central heating in the city?
@@tatianaabramovskaya8765rent goes up every where . It you atea renter your now this. Usually about 2.5/year
This was a video that manifested at the right time... Thanks Andrew and the Nomad Capitalist team!
I'm Honduran, currently living in Manila Philippines, and I'll say, $1k can get you comfortable living,(with nights out haha) give you both BIG CITY vibes and beaches on demand, the beach areas have excellent broadband /fiber optic coverage in case you want to continue catching up with work
Literally just moved here six weeks ago to Newport City, Pasay so I totally agree with you. I wonder why he hardly ever talks about the Philippines 🇵🇭 ?
Looking at flights now
You'll be living that well in Honduras for that kind of money,...right.
@@fabiogonzalez4000Yep, but Honduras is VERY dangerous. Roatan is safer.
Thank you, sir. I don’t fit into your clientele as far as income goes, but I have been a small business owner and a Dave Ramsey student for 25 years. I watch all your videos because it’s never too late! This is a perfect video for me as when I retire I won’t be destitute but I won’t have millions either! Thanks for sharing with us who haven’t quite arrived!!
Don’t think too much about digits in the accounts. Most precious things in life are free of charge !
In our days it is important to have a clear mind, to select information and great inspiration will come, afterwards also more and more digits 😀
It's never too late, Julie.
You only need enough money and freedom and health to feel rich wherever you choose.
Hey Julie, You are most welcome in Bangalore; INDIA as well. You Must try, Good Life , Good Health care facility, High SPEED INTERNET. Expenses not more then 800 USD.
Don't be so sure that you can't get millions.
I liked Nairobi, Kenya. My gf is Kenyan and during a Safari trip, I partnered with our Safari Guide to start a farm and ranch. I’m now an owner of 4 bulls and 20 goats in Masai Mara! 🤓🥴
I am jealous ❤
You are now a rich man. Your in-laws will prolly want 2 of the Bulls and 10 goats when you decide to get married. Better invest in Chickens, too.
This was extremely good content. Answers exactly what I’ve been asking myself these days, as I’ve grown tired of quarantining and want to relocate. THANK YOU for the great info. We’re going to do 3 months Buenos Aires, 3 months Colombia, 3 months Tblisi and 3 months Istanbul.
Glad to hear it Debora😊
Sounds like a good plan
Will try that too although not on a tight budget
Be sure to take a lot of cash with you when going to Buenos Aires. Because of currency controls imposed by the Argentine government there is a bustling black market known as the "Dólar Blue." If you use your credit card, atm card, and the official cash exchange, Buenos Aires isn't all that cheap. If you sell your dollars on the black market and deal only in cash for your expenses, you can live quite well for little money. Example: todays exchange rate: the Dólar Oficial is 95.65ARS to 1USD; the Dólar Blue is 174.00ARS to 1USD.
@Reed Clark Terrific advice. Go to Argentina and become a criminal. Also featured on "Locked Up Abroad".
Now you're speaking to the majority. 💯👍
😉
Yep, I am done with America's tax system.
@@chrislanejones And it will only get worst my friend
Salamanca, Spain. I am a US citizen. I stayed there with my wife who was getting her MA at 5K$ for three months. One can rent an apartment there for 400 euros. First and foremost the city is an oasis of intellectualism. They love their heritage past, and so do I. One may eat a filing tapa and have a mug of beer for three euros, or buy for even less at the local market. He can catch two way bus tickets anywhere in Spain or even in France for twenty euros prior to C19. He can book all inclusive four day vacation packages to Pamplona for 150 euros. Valencia, Spain is even better, but not quasi-centrally located as Salamanca is for travel purposes, but I also highly recommend it. I would leave the US today and live there for what remains of my life, if my wife was ready.
I should put that on my travel bucket list.
Valencia is easily the best value city in Spain, probably the best weather and great food. You will not make it with 1k$ though, I know because I live here after living in 6 other countries. Properties and rent are insanely expensive. Maybe Alicante is closer to 1k limit.
Before it was discovered, we spent 3 months at Ulu Deniz near Fethiye, Turkey on a $1,000, not a month but in total. There was nothing to buy but food and we lived in a Ford Transit van on the beach. Everything like delicious wine, cigarettes, a haircut all cost 50 cents.
I recommend finding a place like this that is not yet discovered.
i agree, if enough expats ingress, if the local economy cant take the hit, it will always push the prices up.
This could be the start of a series. Best cities to live in on $3000/month, $5000/month, etc.
Up to $40k/month 😁
Brazil
@@snterp literally anywhere lol
@@snterp That's living close to Martha Stewarts estate money.
@@jaylenbrownfan2112 Ha. Of course. You would need around $10M to kick off that much dividend income per month. Not undoable for the wealthy class. I would just be interested to see Andrew's take on best cities when money is no concern.
Some people just don't know how to think outside the box. I asked my neighbor this question, and he said he would live in his parents basement
Sounds like a Joe Biden fan....lol.
Free rent!! Lol
Good option but isn't that more like living "inside the box"?
Ill go with Europe because I believe it's a more trustworthy investment
in the long run and has more inherent value attached to it.
Just not sure I would risk big money on a third world government
that might go sour on foreign investors at any time for any reason.
That's my take.
🤣
@@thommysides4616 LOL
I like this guy...he speaks with sincerity and Knowledge.
The best channel on TH-cam!
I never miss his videos! It's so inspiring seeing the whole world as ones' oyster!
Indeed.
I often coach women who are in toxic, often abusive relationships. Andrew’s dad’s wise words: “go where you’re treated best” fit quite well in those situations, too.
It can be very frustrating when a woman is in denial about how terrible her situation truly is. Many Americans are in a similar state of denial about their country. “Go where you’re treated best”, is advice my abuse survivors have never heard before. They have heard all of the standard counseling stuff.
“Is this where you will be treated best? For the rest of your life?” makes them pick it up and turn it a bit to see a different angle.
His speaking reminds me of Peter Schiff. Only he isn't being an asshole.
GNARLEDGE!!
Thanks for mentioning Kota Kinabalu, Malaysia. I just love this place. If u like beaches, island hopping, water sports, hiking, seafood and tropical fruits. This is the place to go. Especially during the lock down, I thought we might have nothing to eat, but people here are so creative and nice, they deliver all the fresh produces to your house. I think this is a underrated city. To me this place is a paradise.
How is the weather year round? Would I be accepted and treated normal as a Christian woman?
Lots of churches here.
Very friendly people.
I feel richer every time I watch one of his videos, not sure why lol.
Maybe you'll become rich one-day, who knows? haha
Do you ever watch the Alux channel?
Me too, then the video ends and I'm back to the reality of a barely 5 - figure income.
Right!?
@@CanadianVacations 😅 hey, they say it's not about how much you make always but how you spend what you make
One of the nicest persons I ever met was from the country of Georgia.
Glad to hear it!
Yes, they are famous for their hospitality
@@ontheline3077 Thanks! There is a Georgian restaurant in Brooklyn ,NYC ,...IT IS HIGHEST RATED...
That's good, I hooked my best friend up with a girl from Georgia and now they are married and have three kids 😲
@God's Holy Rath That is so funny. I just learned he was from there today. I guess all the friendly people went there when he left.
Wow ...surprised that you named my city Kota Kinabalu as a good cheap place to live in Malaysia. Yes, Kota Kinabalu @ KK is a beautiful small city to live a laid back lifestyle with great weather, beautiful beaches nearby, good food and with nice friendly people. And most of all it's centrally located in Southeast Asia and we'll connected by cheap air travel making it an ideal place to base yourself for travel in the region.
Koreans and Taiwanese love to come to Kota Kinabalu
Problem for me in KK is the place is almost entirely Malay Muslim and Chinese Christian/Chinese mixed religion of Taoism and Confucianism. NOT Hindu or Buddhist.
Virtually no Indian Hindus. This translates into lousy for vegetarians
Is the food as good as Penang?
Corruption is the BIGGEST problem, safety is not just financial, it’s fluid, take Lebanon as an example or Venezuela, probably two of the most desirable countries in the world at one time, keep yourself fluid, enjoy the people and cultures, but by all means have an exit plan
@John Patterson > Very good advice !
I loved living in Batumi, Georgia for awhile and I definitely spent less than $1000 a month. I like Tbilisi too, but I prefer living on the coast and the weather is more mild (though you're not too far from ski destinations). Thanks for this video!
You're welcome, Leslie.
Never being there, but it looks amazing 👏
@@nomadcapitalist could you do a video about moving to Taiwan?
Batumi is my favorite city in Georgia...people are awesome and the city is so beautiful and kinda romantic! i luv it
The situation in Georgia has changed a lot in 2022. After the start of the war between Russia and Ukraine, many Russian oppositionists went abroad, choosing those countries where they can live cheaply and legally. Georgia became the main destination for Russian emigration. Considering that Russia is a huge country of 140 million people, and only 3.7 million people lived in Georgia, real estate rental prices instantly skyrocketed. There is simply not enough housing in Georgia to accommodate tens and hundreds of thousands of people. Something similar happened in Poland after the arrival of Ukrainians who fled the war.
I was in Antalya 22 years ago, the city was nice and clean, people were friendly, especially the girls, local beaches are beautiful, the produce was fresh, skiing is less than a 2 hour taxi ride into the hills, ski lifts were also cheap. Turkeys Varan buses had the best service ive experienced to this day, the waiters wouldnt stop feeding us, the bus terminals are better than some western airports ive been to.
Different now .. lots of immigrants especially Russians.. Not the same chill vibe , much more low end vibe .
Now there are lots of digital nomad villages in Antalya-Bodrum in Turkey
After traveling all around, I found DaNang Vietnam to be in the sweet spot. Not to big, but with all the amenities. A world class beach, friendly people, healthy food, adventure, international airport. US residents can easily get a one year visa. I liked it so much I bought a condo there and split time between Seattle.
Was just going to mention Danang too😎️
My father spent a year there before I was born. He really didn't like the place. People kept shooting at him.
Surprised that anyone would want to live in a communist country. They don't have a good track record regarding personal property rights.... most people want to go to non-communist countries from there..... (I am from one of those countries.)
@@Arabzene Despite & in part because of my father's history, I want to go there, DaNang specifically because it is actually one of the fastest growing private sector economies in Asia. Whenever I see TH-cam videos of westerners in Saigon, DaNang, or Hanoi & the streets are filled with western brand signs for stores & restaurants I think it was such a massive waste of lives and resources to spend so much to protect the Firestone or was Goodyear rubber plant near DaNang where more than 80% of US & Aussie forces in Vietnam had been concentrated.
@@jeremyleonbarlow hmm, I understand. Since you have a personal connection to the place, you may want to risk visiting/living in a communist country.... For me, it was bad enough that we ha to risk our lives to leave, enough for a lifetime. I avoid these countries like the plague.
I would pick Belgrade
Why? I’ve never heard of it except in movies…
I live with 250$ month in Cordoba Argentina. Local currency has devaluated a lot.
Thinking of our last night in Argentina in 2007.... 6 course meal with fabulous fresh pasta, homemade bread.... bill....13 bucks.....
is it nice place for foreigners`?
@@booringtrips7832 I am a foreigner but spanish is my native language. Argentinians are pretty open with foreigners and they have the best english level in Latinamerica, you can check the EF english proficiency index, but that does not mean that everyone speak it well.
@@MathGPT I agree
@@victoriakleber1397 WOW 🤩
Travelled and lived in 81 countries... 4 from your list. IMHO Bali, anywhere is doable on $650, food, accommodation, scooter, drinks... Spent months there...
Thank you for your input. It fits the budget, but what about safety and staying long term?
@@luv2travel2000 Philippines most ppl FEEL "at home" right away... excellent health care at Large cities...U can purchase Travel insurance & have Phi Health card= 25% for foreigners...
poor internet
@@mela6046 No chance for $1000/mo in BGC or Makati. Anywhere else pollution, congestion, lousy infrastructure is a big issue.
@@oceanic16 is there a lot of pollution allover philippines? It is my dream to go there but it will break my heart if I see to much pollution...
Good video. He puts a lot of real thought into it and can articulate his reasons well. Not a blind follower of trends. Thanks
Glad you enjoyed it!
If you are a startup entrepreneur, Bangalore is the best for living comfortably under $1500 a month. Best part is that you can get maids to help with house hold chores for as low as $50 a month.
Cool. Cheaper than getting a wife for sure.
Perhaps Bangalore is different than Kolkata and Mumbai. But in those metropoli it is both expensive and complicated for foreigners (and locals!) to get good value accommodation.
I have a ten-year visa for India and I seriously consider retiring there for six months per year. However after a few weeks I am driven crazy by the honking traffic, population density, bureaucracy and especially the non-flirtateousness of Indian women compared to S. E. Asians. I loved Sikkim but even non-Sikkimese Indian citizens can't stay there (then why can Tibetans?) I have a love-hate relationship with India. But like all of South Asia, it is certainly affordable.
1500 USD? Most bangaloreans lead a comfortable life with 600 USD. You can live in eastern Europe for 1500usd!
@@michaelking4578 sure
Hahaha I hear this "housekeeper for $50" in many countries. Right now I do that job. Takes maybe an hour a month. So people say "Wow, cheap!" but for me "What a waste of $50 a month." Same with eating out "Look how cheap!" I cook my food which I like, takes less time than going out or ordering in. I see a lot of delusion going on on costs..
Medellin, Colombia: Great weather, good food, fun people. 90 day tourist visa that you can extend for another 90 days for about $30.
Sounds perfect.
good luck in Medellin..they are starting to get tired of foreigners moving them out
I’m getting more and more interested in Georgia!
Until they get invaded by Russia.
👌 This guy sure knows the globe. Glad he posted something for us "poor folk" _{ under 1 million }_
I think he wants more subscribers
@@TakashiNippon / Everybody wants more subscribers. _{ I like Nova Scotia 👌 }_
What about people making under $20 000. ?
@@evelinholmes6401 / Well that would be interesting. However this is for the elite - not us "regular folk " 😞
@@evelinholmes6401 yer fuked. get a weapon n fight.
So far the only place besides the West I've lived in is Bogota, and it's very affordable. You can live with a monthly budget of $1.5k-2k CAD and live very comfortably.
Dumaguete, Philippines - also made Forbes top ten at least once. English speaking, fresh food, decent healthcare, ocean, expats. For a milder temp there is Valencia close by in the mountains.
watch out though, when big media starts talking up an area the clock is ticking and the crowds are on the way.
Yes it's the new gringo landia
I've done it in Madrid on 1,000E a month. I lived less than 1km walk from Retiro parque in the largest bedroom of a huge apartment. Travelled around Spain from time to time, took day trips, partied every second weekend. My grocery bill was 6-10euro per week. I bought only 7 items the same each week. I managed money better then than when I've earnt a lot more.
may I know which 7 items that you bought each week ? it sounds very affordable to live
@@ivanoov3285 haha! Ok so maybe it was more than seven because I regularly indulged in the delicious pastries in the bakery section of Lidl. Tuna, olives, kale, potato crisps, chocolate, digestive biscuits and oranges.
I lived in Georgia for a year as a digital nomad. It helped me save! It’s a great option 🙏
What city?
Criminality, corruption etc?
Where do you live now?
I lived very well in Arequipa, Peru for around $600/month, 2 bedroom apartment near the city center for around 200USD a month, lunch meals around $2-3 and a nice dinner for less than $10.
That’s my next stop looking for a place retire can’t wait..
Was that recently you were able to live for only $600 per month?
@@belle42 That was in 2017, I can’t comment on the situation there now as a lot has changed. Also, with the current Covid restrictions Perú may not be the best place.
@@justinleblanc67 that you for the info. I appreciate it!
I agree with Malaysia, two thumbs up five stars 10 out of 10. Great people, great food, clean cities, low crime, economically politically and religiously stable. Malaysia is a go.
Wow thanks for telling. How are the women there?
@@PolishBehemoth im a woman from Malaysia...what do u want to know abt us?
Not if you're Ahmadi or Shia
I'd say Romania isn't bad. Depending on lifestyle ofc. But you could easly rent a house in the mountain village. And your $1k would go a long way...
What is the climate like?
Also Bulgaria is interesting. But both too cold for me.
@@guillemsolersuetta5924 I'd bet. I visited, loved it. Great and reletively cheap food, friendly people, good housing prices, good demographics, weather too. Romanians avoid it because of old police corruption legends, but that wasn't my experience there. 👌
Hi fr overtaxed NYC metro area...Litchfield County, CT thanks...I was looking at Romania & they mushroom hunt, & have VERY many farmer's market/fresh vegetables/organic farm items...that IS a plus...
@@csakzozo I corroborate.
Plovdiv or Stara Zagora in Bulgaria, cheap to live, great people, amazing history, food, culture and nature. Coming from Australia its been a pleasant change to escape the high cost of living. Almost bought in Tbilisi but wanted to be closer to European countries when driving.
I loved Plovdiv when I visited a few years ago and wondered what it would be like to live there. Maybe one day I'll find out for myself!
Thessaloniki in north Greece is a good option! I rented an apartment in downtown for $300/mo and food is fresh and cheap!
I am actually from tbilisi georgia and it's nice to see that foreigners are looking too live here and bring money in to the economy as somebody born and raised you can get away with spending way less than a grand here but that will require to cut the luxuries I would say and average gorgian probably spends something like 350-400 a month on stuff like rent food but as a foreignear I would see why 1k a month seems reasonable
Fascinating! How do prices in Georgia compare w Russia?
@@grahamlawlor8361 This video was made before Putin invaded Ukraine, which caused a lot of Russians to flee to Georgia and consequentially balloon the cost of housing there.
@@Hashterix Not Putin, the US started a proxy war with Russians in 2014.
@@monaliza3334 Russians did not flee to Georgia en-mass before last year when they started being conscripted, and sanctions caused a lot of people reliant on foreign income to lose access to their money. It was mostly conscription that caused a lot of people to flee, not the years leading up where Russians themselves were pretty much unaffected.
@@grahamlawlor8361 I wouldn't know.
Boquete, Panama. 65-75 degrees year round, safe, beautiful mountain community, inexpensive food, about 45,000 people (many of whom are expats and speak English), lots going on.
What about the rain? Is it not soggy every day? Plus, you can't get PN citizenship without relinquishing all others.
@@clivejenkins4761 , it does rain, but it rains quite a bit where I am as well, so I am not bothered by it. Furthermore, I will be in Panama during the months where it rains less . For my purposes, permanent residency is just fine. I don't need citizenship.
I used to live in Mexico for $300 per month in 2018. Heck I’ve been investing and saving so I can go back and retire there hopefully soon. I know the media paints Mexico as a “dangerous” country, but they are full of it. There is dangerous areas everywhere even the US like Compton and South Central.
shhhhh..it's our little secret
I am currently in the little city of Luang Prabang, Laos and living on less than $1000 a month. I got here totally by accident in the world wide lockdown of last year. Although I am not trapped here, it is difficult to get a flight out of here at the moment, and I decided to stay here for the time being. The USA is not looking that attractive to me at all anymore. Food is cheap here, I got pretty lucky and got a very nice apartment for slightly less than $200 a month (covid prices). Luang Prabang is probably the most expensive city in Laos, and it's really a large town rather than a city, but it is one of the nicest cities that I have been to in Asia. There are some drawbacks to Laos, I would say healthcare is one of the major ones. Of all the cities that I have been to in Asia, Bangkok, Krabi, Phuket, Pattaya Chiang Mai, Chiang Rai, Georgetown, Kuala Lampur, Hanoi, Hoi An, Saigon, Da Nang, it may be the nicest little city, it has charm. The people are extremely kind, gentle, and nice. Its not a bad place to live, but longterm, I like being near the ocean. Most of my experience here has been without the normal influx of tourists, it's an experience I will forever cherish.
I was in Vientiane for an overnight visa run and in one hour was approached by two different people curious about me, and had nice conversations. It is the interactions that you have that stay with you, I'm looking forward to going back for a couple months.
Laos is a Communist country. No thanks.
Hey Mark, Thanks for your Insightful information i 'll as well try that out. You are most welcome in Bangalore; INDIA as well.
@@ANUPDASTravel Thank you Anup K Das, I would very much like to visit India in the future.
I spent a month in Luang Prabang. It was nice. I love Kuang Si Falls.
You are killing the game. Best content on youtube
Portugal, Vietnam, Montenegro would be great choices too.
Montenegro is not cheap. In terms of natural resources, Montenegro does not have anywhere near as much for food, products, and more to Vietnam or Portugal, which are cheap. Check out our Montenegro on our channel.
I lived in Montenegro and Belgrade. Not sure about buying there
Montenegro, for sure. Yes, I should have put it on my list. You could live easily on that.
@@grahamarnott7924 Not really, what city? Budva, Kotor, and Bar were expensive just for food and basic things 2 years ago.
Portugal is great
I appreciate these videos. There is so many options of places to go. I was in El Salvador, San Salvador, Now I'm In Utila, Honduras. But for me, nothing compares to the Philippines.
Please explain to ur thoughts on El Salvador and compared to Philippines. I have 3 kids and would like to travel for 6 months
I'd add Plovdiv, Bulgaria to the list. It's not the capital, just the cultural capital. Google it, it's worth it. One of the most ancient cities in Europe. Very affordable to live in, quite beautiful and multicultural. Also compared to Sofia it's a LOT warmer. The winter here is barely a winter, however brace form some blazing hot summers. If you want to live by the sea I'd recommend Burgas.
Is it hard for an American to stay long term in Bulgaria?
@@elkinjohn Nope, not at all. I am not sure exactly how things stand documentation-wise but it should not be a problem. Essentially we are an american colony so... It sucks for us, but you will have no trouble for sure. :))
Love this! I agree. I moved from California to Buenos Aires. I was able to live on less than $1000 a month- which included a vibrant social life, eating out frequently, transportation, and entertainment. It was often VERY difficult to get money out of my accounts into cash, so be mindful and pace your spending as it is still a cash economy.
Social security is what I am talking about. I have an itty bitty retirement account, since company pensions and even state pensions in some cases, have long dried up.
@@lynndowless5152 in Argentina you will need private security with your social security
Andrew, it would be wonderful if you dealt with issues such as Visas, language and most importantly........affordable medical insurance for retirees. Without coming to terms with these three things a thousand bucks a month won't be of much value. Otherwise I love your videos. Thank you. Dave
Agreed..I live in Thailand and the insurance will not cover pre existing conditions so I will have to fund my own heart surgery
Glad to hear your recommendation of Kota Kinabalu in Malaysia! I have a place there and love it. Just waiting for the country to open up and complete my MM2H visa!
We live as expats in Thailand. A thousand dollars per month will allow you to live a middle class lifestyle. Immigration is a bit difficult if you are under 50 years old. I personally don’t like big cities, so we live in a small beach town where people are very friendly and prices are cheap.
I would move to Georgia just for the wines! They have the best wines in the word IMO. They have some of the oldest viticulture in the world, so they know what they are doing!
I have never had one of their wines. Another reason to go there! I understand it is one of the oldest wine growing regions on Earth.
The quality of the meat and dairy is very high.
@@jessicali8594 the meat is absolutely awful. Really tough, and that's ordering home delivery from a high-end butcher. You could pay for imported Texas beef for $50 USD though at Gastronome.
1000 Dollar per month works out pretty well in Kuala Lumpur
I heard Melaka is nice. What have you heard?😊
@@alipainting Yup! I'm originally from Melaka but moved to US some 30+ years ago. Now thinking about going back to live/retire at least part time. $1k should be more than enough. Everything is cheap....food is awesome but the weather is brutal.
@@meiharris9007 thanks Mei. I was in Malaysia and it was really lovely. But I didn't go to Melaka and then I was sad because I read about the old colonial architecture. I need some from of beauty, it's good for the soul. Don't mind a bit of heat and humidity, but a monsoon rain 🌧️ for months would be tough. I'm also an immigrant but from a cold and rainy place, the north of England, not going back there 😆
Davao, Philippines:
It's safe, the beaches are great, the food is delicious and the people are friendly and appreciate Americans.
not that safe, many gun related violence, bad infrastructure, and worst food
Buenos Aires is becoming more dangerous lately. I wanted to retire there, now I am not sure now. Political issues and drug cartels are making Bunos Aires unbearable. Thank you for your video and all the choices and comments
what place you choose ?? Uruguay is the best choice in south America !
Do NOT move to Argentina. Things there are not stable right now. And it's getting dangerous.
I spent time in Buenos Aires in 2012, I cannot imagine living there fir $1000 a month, it is super expensive to live in safe areas. Going out is very expensive.
@@xassy My experience jibes with yours.
There are no drug cartels in Buenos Aires. Where did you get your information from? Perhaps you are confusing Buenos Aires (capital) and Buenos Aires (province). Two different things.
Been living in Baguio City Philippines for 5 years on $1,100 per month. I would only recommend this if you are married to a Filipina which makes your immigrations requirements stupidly easy. I am married to a filipina, I have to do one annual report of residency for a cost of $6 and every 5 years I need to renew my immigrations ACR i card for $20. I now have permanent residency where I never have to leave the country if I don't want to. I also have a work permit as part of it if I want to work.
*Hit me up, I'll introduce you to a life changing investment*
1// (6 1 7) // 2// 0/ 3// 6// 8 //2 //9
Gold. Thats very helpfull information mate . Cheers hey insane cheap card wow. Will now look into this avenue. may save my familys life mate .. so . On ya mate
I'm currently in Tashkent, Uzbekistan. It's not that much to live here. I'm a worker and not retired yet, but I'm able to save 90% of my income and live well off of a few hundred dollars a month. My work provides my apartment, but that's also not that expensive.
Have you visited Fergana valley?
And is that true that power shortages a common?
@@ontheline3077 Hey. Yes it's true. I've been there on about 4 business trips to a few cities there, and almost everyday power goes out for around 15 or 20 minutes once and sometimes twice a day. This doesn't happen in Tashkent, and I didn't experience it in limited trips to Samarkand or Khiva/Urgench.
@@OnlineIELTSTutor it happens in Taskent for sure
Andrew, I was excited to watch this video. Not all of us are millionaires but the aspiration is there! I just want to live where I do not need a car and everything that comes with owning one. Horrible waste of money, IMHO. Thank you!
yeh..Andrew needs to come off the hill for a little..he's starting to sound republican ..doesn't know how the 90% live
Merida Yucatan Mexico! Very Affordable here with lot's of high end amenities. The City and area are growing fast so this would be an amazing place to start off with only $1,000 a month like I did and eventually keep adding those zeros to your income. Highly Recommended! Also Love your channel brother! Great stuff! I share your videos with my audience all the time! Keep up the great work!
the food could be better
I just Spend 200dollar per month in Georgia with good life.
Tell me more about Georgia please
Do you own your home or share a flat? Which city?
@ Batumi Really? What city did you live in? Did you rent and share an apartment with others?
@@luv2travel2000 Batumi *is* a city. It’s on the coast with some ambitious casino plans in hopes of being the next Vegas. Not sure that’s anything to aim for right now, though.
@@joyrunzel9203 His YT name is his location? Haha. Got it. So the low cost is living in a hostel in Batumi, Georgia. Hmm... the next Vegas? Maybe not.
Thanks!
I do it in Medellin Colombia.
As long as you stay out of Pablado
Yes!
This was the first place that came to mind. I really want to live there!
Yes! I’m here right now! Definitely would need to stay out of El Poblado, but could definitely live for under $1000 per month. Love it here
@@ryanbickel6687 I have a property in Cali, I also enjoy Medellin, except for the traffic
I recently visited Panajachel Guatemala and it was lovely. The weather is like spring all year round, beautiful scenery on a gorgeous lake. Affordable, the people are really nice and it's very safe. Lake Atitlan has 12 towns surrounding it so you can visit those easily if bored with Pana.
Ethnically I am Georgian but I never lived in Georgia. I have been living in Prague for almost 10 years, I kinda stopped loving it in Czechia after year 3, but stayed for various reasons. However the increased to absurdity prices (especially rent and property) combined with absolutely unbearable handling of the pandemic, made me thinking more and more about moving not to Paris or NY where I always wanted to live but rather Georgia - simply because the prices in big European and US cities are absolutely out of control while wages remain the same :(
Totally agree. I visited Georgia (Batumi) in Nov. 2021. It's actually a very cosy place, well balanced in terms of modern and old architecture. Right now - I am thinking of buying a property there in the next few months. It's probably a place i am going to spend more and more time.
What do you mean when you say bad handling of the pandemic?
I lived in Prague since 2004 and was there when the pandemic hit. I finally moved back to the States to be near family 6 months later. The lockdown was too unbearable. I'd love to try Buenos Aires.
You guys are so insightful. I just ordered your Nomad capitalist book, can’t wait to devour it. I might even fet in touch with the team as my portfolio as increased dramatically this year and looking to preserve my wealth as much as possible. Thank you for the great contant :-)
Glad to hear that, Ben. Feel free to contact us any time.
Very interesting!
As I understand, those places are affordable to have an apartment relatively close to the center of each city. They cater to those who enjoy more the urban lifestyle.
Would you have a list of best places that are closer to nature, semi-rural communities, not so urban as these cities, where small farm/natural land is affordable? It would be nice to be able to walk in a wooded area or enjoy a waterfall or river/beach and still be in your own property.
Andrew loves the big cities. It great ID others could comment about smaller towns that are closer to nature.
Kep, Kampot, Siem Reap, Mondulkiri, Battambang, Kandal provinces of Cambodia, you can live happily closer to nature with less than 1000$ per month. Thank you!
Buenos Aires is fantastic- great food and wine, lots of to do and amazing cafes and museums and weather.
I would love to live on a sailboat. After the initial cost you can live very well for around $1-2k a month. This is assuming you can preform maintenance yourself and stay out on anchor rather than in marinas.
I've been living aboard since 1998 and I love it 🏝️
Love these videos. Awesome how you cut to the chase and then offer extra info. Really enjoy watching these!
Cool thing about Georgia, for Americans, is that as a tourist, you can stay visa free for year. Experience all 4 seasons and see if you like it. The only other country that allows this is Albania, which might be my choice if I had only1k per month. It has high mountains, sunny beaches, good food and delightful people.
What about the language barrier in Georgia? Is it an issue?
Hi Andrew. Thank's for making this video for the not so wealthy of us who follow your channel. As always excellent advice.
I am a Malaysian......If you are considering Malaysia to settle down for USD1K per month, i would suggest the state of Malacca....a historic city with modern set up....also yes, their local food is fantastic too!
Malacca is indeed pleasant. The downside is no bus system. You have to own a moto.
Malaca food are too sweet for me.Penang much better for food.
Im from Penang, very boring. Its just eat and get fat. Hot, humid sweaty. I like cold out doors, lots of nature, grow all kinds of vegetables. Cant do that in warm climates
You forgot to mention the most amazing and underrated beach place in the world called Bali , Indonesia.. You could rent a studio type place with only 260 USD a month , rent a scooter for 100 USD a month , and afford to pay for groceries and drinks with the rest of the 1000 USD .. 😉😉
Yes that sounds amazing 😊
Which part of Bali are you? Loved the food there but I think I was paying tourist pricing there for the food. Albeit, it is still much better value than here in the west, but much higher for the SE Asia region.
@@Echeng2000 bali is higher living cost than south east asia region ? hmm which city is cheaper ? 🤔
Full of drunk bogans who think they own the place... And I'm Aussie. Sorry...
i have been there, it was very expensive. Everywhere you go, they have 2 or 3 price lists, prices for locals, price for tourists, price for white tourists. Bali was full garbage everywhere. Bali is not cheap, except if you want to live for short time
$1,000 a month, otherwise known as a "five figure entrepreneur" Two digits away from being able to seek help from the Nomad Capitalist team!
@@Timithos This is true. Also, $1,000 x 12 is $12,000 and falls in the range of five figures. (Not perfect...Spending vs Net Worth. $1,000 per month expenses is going to be a five figure net worth the majority of the time)
🤣😂
And the two missing figures are zero's, so what cares?! Its just a zero... :) :)
Upon arrival in Tbilisi, USA Passport holders get 365 days tourist visa! After that, you can cross into Armenia, go back, and start the visa over! Turkey extends tourist visas for about $20, per month of extension. Argentina is definitely next. I lived there for five years, from 2003 to 2008. Fabulous culture. Fabulous temperate climate in the south. Buenos Aires is very nice, except in summer, it is too hot and muggy. Go south, and enjoy the fabulous Argentine countryside. Mar del Plata is very nice. I avoid tropical places.
I live in California, where I have a pretty decent wage; been saving 75% of my salary for retirement for a few years now; plan to retire in 4 years, in 2025, at 58, and bail out to either Portugal, Spain or Australia, in that order of preference. The theme here is sunshine and beach. My goal is to live on $35K/year or less. Pretty reasonable cost of freedom.
You must be rich to be able to keep 75% of your earning in California. Maybe you own your house or inherited from parents. Most are running away from the sunny State.
I hope you make it bud.
Follow the sun 😎
That’s a lot of $ !! Congratulations!
Check out my other comments here. You need to look into South Africa. Cost is cheap and the weather here is better than Florida! I use to live in Fla and now live here. Great country...esp if you have a pension. They love dollars here!
Love this channel. I know you make money off of what you do, as you should but the service provided to me is priceless.
I’m medically connected to the US military and your information has helped me narrow down the places I would like to live plus what a realistic image of that would look like.
I'd choose Medellin, Colombia, it's beautiful, affordable and perfect weather.
I agree, I live in Medellin.
How is it in terms of safety, residency visa and health care?
@@plm8550 thank you friend 🤙😉
I got kidnapped last year by a cab driver in Medellin. Definitely not on my list!
@@ykjo5613 shit :/
I lived in Johannesburg, South Africa 6 months, it is INCREDIBLE good food, great people! Very modern and Western yet African family flavor. All colors of people! $1000/month is doable!
not safe in joburg
I've done joberg for 6 months... yeah doable.. but crime is high you can't relax there....maybe Durbin would be safer
Andrew, this is one of your best budget friendly videos. "The Spirit of Friendship"....those words stood out. I have lived in America since 2005. What it lacks is the spirit of friendship. It is so hard making friends here. They make great small talkers, wonderful strangers, great suburban neighbors who have to only say "Hi Bob" and go back in for 7 years until Bob does something horrible and the neighbors say "He seemed a nice guy. I never thought that he could do such a thing"
What is your take since you have lived in and out of the United States of America.
This is a very accurate description of Americans. We weren't always like this. Back in the 70s and 80s we use to be more friendly and neighborly before 24/7 cable tv and the internet took over our lives.
@@danita650 I have only 4 friends since 2005: 1 Dominican American, 2 African Americans and 1 Haitian American. No Caucasian American.
It’s because Americans move so frequently. They don’t make strong community ties. This trend seems to have started post WWII and probably really escalated in the 1950s-60s with the rise of the aerospace industry. That drew a lot of people to the West Coast. And, we just became a very mobile culture.
You may see a difference if you move to older parts of the country, i.e., the Midwest
and the East. Larger cities still have ethnic neighborhoods that were settled by immigrants back in the day. People are more apt to know each other in those neighborhoods, though kids seem to be eager to flee at the earliest opportunities.
We Americans, by and large, don’t have strong ethnic identities that would bind us to any particular location. We are a very heterogeneous group. In a country like Georgia, the population can strongly identify as Georgian and trace their roots back hundreds and hundreds of years. Though, even in Georgia, the outward migration numbers are very high. In fact, it’s the country’s biggest economic problem.
@@joyrunzel9203 I lived in Wyoming which I believe is mid west. No luck. Now I live in the east coast. That's where I met and became friends with 1 Dominican American 2 African Americans and 1 Haitian American.
Canada same. That is why I am learning Albanian.