As a dual citizen (Colombian-born and naturalized Dutch) who has been living in The Netherlands for 20 years and who lived in Portugal for sometime as well, I do not see myself moving back to Colombia or to Portugal for that matter (or perhaps even another EU country or the other 8 Mercosur countries I could easily move to). For holidays? Sure. Knowing how disorganized those countries are I’m also way too used to how perfectly organized and efficient life is in The Netherlands. I feel like living elsewhere would be a major step back. I find The Netherlands a good balance of German discipline and somewhat Southern European laidback-ness. Working too much is frowned upon. You don’t even need to own a car in this country cause you can use your bike for everything. The weather is also pretty ok here in the south of the country, where I live. It’s sunnier and warmer than elsewhere, but rarely extremely warm. I live by the sea too which is great.
Interesting. What's your view on the current situation with the Dutch farmers versus the government? I only ask because the motto of the Nomad Capitalist 'Go where you're treated best' is the antithesis of the way the farmers are being treated.
I have to say that after having lived in Netherlands which was a good experience in comparison with kurt European states I've inhabited, Colombia for me is a far greater land of opportunity and interest. The people and nature itself is so much more vibrant and alive. I cant see myself ever moving back to northern europe, in fact I'd rather die. Southern Spain and Latin America are such amazing places for me to live on a daily basis.
Hey man, I know you do all these vids with rich people in mind.. But really speaking its the middle and upper middle class that should move from the US when you really think about it. After all, rich people can live well just about anywhere, even in the US. You should do a vid exclusively on how the "ordinary folks" can move to another place They're the ones who really need it, not someone who has $100 mill in the bank.Your viewership #'s would go through the roof
@@Ashraf-ph3zl not all citizenships costs that much, and yes middle and upper middle class can move too, there are ways, not as easy/options, but can be done...
@@alexanderordinary2110 generally speaking the most desirable Citizenships do cost lots of money. Sure a middle/upper class can possibly afford $150K Brazilian investment (PR to Passport, in 5 years). For example. However, look at Australian or Even Spain's investment program costs. Portugal is looking to change its investment program (for higher costs) Although East Europe has its perks, many truly want Western Europe's perks. I'm speaking specifically about US Citizens. If this wasn't the case, most would just look at Andrew's videos about paying $50K for a Dominican Passport or $100K for a St. Lucia Passports. However, those Citizenships are NOT what many US Citizens want.
As someone who just renounced my U.S. citizenship and moved to Portugal last year, it might be helpful Andrew if you did a video describing how the ECB is struggling even more than the FED with its debt load and rising inflation. There is a great concern over here that the PIGS (Portugal, Italy, Greece and Spain) are close to defaulting and that EU could start to unravel. the ECB needs to raise rates like in the U.S. but can't because it will bankrupt Italy. If they don't, inflation will continue to run away. Christine Lagarde has no answer as to how address what is a mathematical certainty at this point - QE will continue to infinity. Some countries may need to leave a la Brexit to control their debt load and once it starts, the house of cards will fall. I don't believe the EU in its present form is here ten years from now.
DJ69 - The problem with the EU, along with most Socialist countries, is that their elected official spend their tax revenues like drunken sailors. To the point they have to borrow to continue spending. 50% of France's GDP comes from government spending. That's absurd! If the EU, was so concerned about inflation, they should cut back on their spending and eliminate all the waste that goes on in government. If they did that, they would also balance their budget.
@@olivierdevries01 in the long term socialism never works. It is utopian at it's very core. The only reason so many EU countries could even indulge in that nonsense is because they were under the US umbrella and did not need to fund proper military but now with Russia knocking on their doors and the US looking wobbly to say the least either they switch to war footing or they collapse.
You have to be careful with some of these macro economic topics. If you only followed these indicators, you would live in Russia. Russia has one of the lowest debt to GDP ratios in the world.
The ideal country - these days - would have it's own energy supply and food supply be non - EU, non-NATO along with all the other factors like banking and taxes. I'd like to see you focus on countries with food and energy self sufficiency with no WEF influence. Is that Mexico? Georgia?
It's worth mentioning that Irish Citizenship includes the right to live and work not only in the Republic of Ireland, but also anywhere else in the EU and, uniquely, in the UK as well. No other EU or EEA citizenship / permanent residence option provides the option to live, work, or retire in the United Kingdom. Simply put, Irish Citizenship carries wider residency privileges than any other European country.
Not true, Portuguese Citizenship confers the right to live, work & retire in Brazil with the exact same rights & privileges as a Brazilian citizen. I'm also sure Dutch & French citizenships also confer residency rights in other parts of the world. Also, as KaptainSmartTV wrote, what fool would ever want to live in the UK? The UK is a cesspit riddled with third world, backwards "cultures". Every British person I know wants to leave, but where do we go? Anyways, even if we did go, they'd all end up following us like a disease.
@@AntoinMhicArtain Thank you for the information about Portuguese Citizenship, which I didn't know. That's quite interesting and I shall remember it for the future (it would be more interesting still if you knew whether the Dutch & French citizenships confer such rights - though I'd wager a guess that the French aren't entitled to settle in Algeria, at least!). As for your comments on the UK, third world "cultures" are also present in Holland and France. But perhaps that doesn't undo the general thrust of your remarks, if I understand them rightly.
Portugal is a great balance of western and southern European mentalities/cultures. I'm a tad shook after being in the EU for the past 2 years at the prestige people put on EU residencies. There are many EU countries that I would argue are at a disadvantage comparatively toward specific ASEAN countries. Also I don't understand the interest in Brand Names when it comes to citizenships. Germany for example not allowing dual citizenship sans special circumstances is a great example of a very limiting place to build a future. It always comes down to the individual and what they view as "Top Standards".
Mr. Beats, I have also observed the phenomenon of EU citizens looking upon residency rights as a type of hierarchy. My best guess is that this is what happens when citizens of individual nation states find themselves part of a supranational entity (that is, the EU) that they more or less admire, while at the same time feeling anxious about the incremental loss of the political, legal, and economic authority that this membership entails. Hence, "[Citizenship A in the EU] is better than [Citizenship B in the EU], because it's a bigger country / has a bigger GDP / has a bigger military, etc." On the other hand, this type of one-upmanship plays out elsewhere in the world as well (for example, you mentioned ASEAN). It reduces entire cultures and societies to a zero sum formula, usually revolving around things like GDP per capita, physical infrastructure, political clout, and so on. It's all a very tedious way of looking at things that is tantamount to self-harm, given how much it ignores of culture, folklore, history, traditions, and eccentric habits. Honestly, one would think these people were talking about cardboard cut-out countries rather than real-life societies with human beings living in them.
Not sure I would recommend Europe that much anymore. The whole EU is getting more and more centralised, which is a horrible idea due to the enormous differences between countries imo. Also, their energy and food supply is rather unstable right now, and the European economy relied a lot on cheap Russian gas to stay competitive. Without it, Im not sure how much they could compete with cheaper Eastern industries. Also, yeah, your freedoms are starting to disappear more and more and for Americans, the freedom of speech protection would almost certainly be insufficient
@@hendrixansel9750 You are completely spot on with this list. To simplify a bit, if you're an employee you pay around 43-45% in taxes so about the same percent as in countries like Germany, France etc. If you have your own company it gets a bit cheaper but you have to deal with tons of bureaucracy and with incompetent, bad-intentioned state agencies. So no, keep away from Romania.
You’re better off settling in a European country that has not adopted the euro such as Switzerland, Norway, Hungary etc…Currently, opening an account in euros or holding euros is simply asking for trouble both short and long term. For those who have capital, there are so much more attractive destinations than Europe and EU. It’s a sinking ship.
I agree. I sold off what few thousands Euros I was holding onto about 1 year ago when I realized the EU was slitting their own throat during the lockdowns. And now looking at how poorly they are handling Russia I feel vindicated in my decision to completely abandon my Euro position.
I was very interested in Hungary but the government just declared an energy emergency. Most Western European countries are dependent on foreign energy except Norway.
Hungary is indeed beautiful! I once got the train from Zagreb to Budapest and we went all along the shores of Lake Balaton, absolutely stunning! Then when we came to the outskirts of Budapest, it reminded me of a gothic movie, the architecture is unreal! Architecturally, Budapest is my favourite city, without a doubt.
The comment on no alcohol in a Spanish restaurant is probably just made up. I haven’t seen that in my entire life and if that would ever happen it might just be a one in a million event. He is telling you that as if is common… lol.
Thank You from Bulgaria.This gentleman deserves every penny he made.Deep knowledge which comes with very hard work and jump to harvest enormous experience to understand different mentalities and Nations.
How is life in Bulgaria? Do you recommend for people to move there? I am originally from Poland but living in Canada for the past 35 years. I do not like what Canada has become.
@@Alien2799 Hello,If You are Polish,You have European Union Passport,Sir.And You can choose where to live in The European Union.I understand You about Canada very well.Depends if You have Family and what work You want to do.If business, Netherlands, Switzerland (even it is outside The EU).Because of taxes and easy to do business.But everything depends what is Your character and what life You are looking for.If I may help with whatever,let me know.I am NOT charging,if I may help You with info or else,I will do it
For Americans, we should also be talking about DAFs, onshore and offshore trust options to bring taxes as close to zero as possible. Passive investments generally can also be done in solo 401Ks. There are alot of strategies for multi citizenships without giving up US citizenship and minimizing taxes. Also Puerto Rico.
like your videos and leaving the home country may be an option for some - but i can’t leave US as wife doesn’t want to - for someone in my position -i haven’t found a better option than PPLI- don’t get culture change but at least get tax benefits - but if i was younger i prob would
The western EU is a woke socialist shithole, I wouldn't recommend any US citizen to move there. Furthermore the EU parliament bureaucrats want to control and supervise everything you do, starting from any amount of money that goes into your amount (as little as 500 EUR or smth like that), to what speed your are allowed to drive your car with (the car will basically read the signs and reduce your speed automatically). Besides that innovation and progress is not encouraged, actually the opposite since they hand out free shit and for example a janitor earns 1.5-2 KEUR/month and a SW developer earns 3 KEUR/month. The eastern EU is not there yet but I would estimate it will be the same in a few years because the western trend is spreading to the east as well and as long as you're an EU member there's not way out eventually. So no, imo there is no discussion here, I would just stay away from the EU altogether.
The EU bureaucrats have no vote and no say. Only elected politicians can formulate EU policy. How is the EU controlling your bank account? Why are you against speed limits?
@@seekingthemiddleway4048 Wtf are you talking about bro? What is the difference between EU bureaucrats and EU elected douchebags? Those 2 examples were meant to describe de level of control the "elected politicians" are trying to impose in the EU. Check out the crypto regulations they want to introduce (MICA) if you haven't already. I don't have anything against speed limits, though I have something against control and I want to drive my car that I pay for the way that I want.
@@seekingthemiddleway4048 I thought it was obvious but to clarify, I was quoting you when I was using the quotes. And yeah, I'm kind of against representative democracy since I noticed all of the representatives are moronic stooges, which is probably like 99% of European leaders at the moment. Also, tbh I'm kind of an anarchist myself..
Yes, Italy has introduced a 7% flat tax for non-EU retirees. However, it applies only to certain geographic locations such as Puglia and the retiree must choose to live in a city of less than 20,000 people. Italy is trying to bolster its less populated areas.
If are an American citizen, or were born in the USA, you may have problems opening a bank account in many European countries. Mamy banks don't want to extra paperwork involved with Americans. Have any others had problems opening a bank account?
Make use of the remedies in 8 USC 11 and 14 to change your status from US Citizen to US National. That takes you out of Federal jurisdiction and thus no longer subject to FATCA. Then update your info, change your passport so this reflects your status (you will have a Passport Endorsement stating "US National, not US Citizen"). You will retain American nationality (as those US Code chapters indicate), but be out from under Federal taxation and other onerous obligations.
Someone with paralysis or a child with cerebral palsy before giving up on their health they should try kunga therapy a non medicinal massage therapy in Kigali/Rwanda🇷🇼🇷🇼 before anything else
Nothing works in Italy. The roads are mostly broken. The bureaucracy is murderous. The emergency health care is fantastic! But non emergency medical is very slooooooow… Taxes?
@@alwayslearning7672 and China will give them “free stuff” till they can’t pay it back and take control of whatever port, road, mine or factory that they want.
@@user-iu2kq7nx8u if your parents are hungarian you don't need to speak it. If your grandparents were hungarian you have to have intermediate hungarian and pass the language component.
@@annainbudapest1261 understood. Thank you yeah no one speaks it anymore just grandparents and they have passed. Newer generation is on the Romania side. But I'll learn hungarian one way or another too!
@@vilena5308 I mean of the Commies in the West keep pushing. Its going to force Serbia, Bulgaria, Hungary, Georgia and more to create an independent alliance. And neutrality with Ruskis. And now thats its public knowledge all these Oligarchs are Israeli citizens. Its going to box out Israel as well. You cant just invade America after the Russian revolution install a bunch of people. Bomb Serbia, Human Traffic Women and Children from the Balkans. And Human Smuggle through IsraAid in the "migrant crisis" planned European Genocide and think you are going to get away with it...
I grew up living in London, The Hague and Paris as an American oil brat. I plan to retire in France. The cost of home ownership there (France/EU) is much cheaper than in the USA-lower mortgage rates at only 1.5%, e.g. and much slower to rise, no double taxation as a US citizen, much lower property taxes, no need for a car if you live in any city or large town, superb public transit and excellent cheap healthcare. Pretty much the same throughout EU. Housing is also cheaper if you don’t buy in Paris or the city center of Lyon, etc. but you can find beautiful properties in smaller towns, villages near big cities (that you can train to very easily sans car), or in the countryside (where you’d need a car). Many Brits and other expats live and retire there. The French people are lovely, educated to a high standard (higher than in the USA), and many speak English fluently. Culturally there is no “woke” bullshite and overall EU countries are very much more diverse and inclusive, without talking about it endlessly, than anywhere in the US. Some see the US as second only to Apartheid South Africa in terms of its intolerance. Chew on that, conservatives. Also France will not tax Americans on their social security “earnings.” There are tax treaties in place with US and EU countries. All in all, Socialism in Europe has many advantages. All this to say it’s important to consider all aspects of a transition and emphasize what works best for you.
Sadly, the future doesn't look good. Europe was doing well when it was small, independent countries. Large unions have destroyed europe. First one, of the soviet variety, second one, the EU.
Europe will always be there as it is a geographical region the EUSSR will not as its a beaurocratic authoritarian dictatorship that demands to be a federal state of europe destroying all countrys within it.
I've really been looking into moving to Portugal and want to go because I am tired of the situation in the US however every country in Europe besides the UK and France don't have good future prospects and I don't want to move to either of those countries.
@@Zelielz1 two years I drove in seven Schengen countries, there was no stopping at the borders, it was completely open, one could drive freely without being checked? Are you saying that has changed?
For someone who values safety, nature, silence, friendly people, what's the best countries in Europe? I like the mediterranean culture but people are so noisy 😁
Technically not in the EU, but is in Europe - Switzerland is lovely (I lived there for 5 years and it’s beautiful). Luxembourg is ok, but it’s a very small place (I go there for work some times). I much prefer Switzerland.
The post-Yugoslavia countries, particularly Bosnia-Herzegovina and Montenegro, as well as Albania are good options. They are relatively safe, cheap, and the people are very genuine compared to most Western European countries.
NORWAY is NOT i the EU. You claim to be an expert, and sell your expensive services to people thinking of relocating. Yet you get basic facts wrong inthe video, and mention Norway several times as an alternative in this piece about relocation to the EU. Though Norway is part of the Schengen travel agreement, it does NOT adhere to rules of residency and work permits that apply within the EU. I suggest that people should think several times before paying for you advise...
Andrew, I have an off topic question. Maybe you could point me in the right direction? I have fundamentally transferred to Europe but I want to maintain a legal US address for my drivers license (California) and banking and stock transactions. The catch is, I don’t actually live there. I’m using a family member's mailing address etc. I have a very small piece of farmland in NC. What har my options and/or consequences? Thank you.
Considering that Andrew won't answer you, I must say: it's not an issue. As long as you can access any mail you receive in the US, probably no one cares. If you wanted to be considered a non-resident and get FEIE, for example, you would have to pass a IRS physical presence test of 330 days in the EU; since it's the opposite, they shouldn't care because you are still a tax resident. Just search for Statutory Residence Test or similar, to be on the safe side. But if you want to be a tax non-resident... wow, no idea.
Keep all your addresses the same and use a mail redirect to get all mail if you arent there. No issues and been travelling for almost 5 years with bank or anything else
As a dual citizen (Colombian-born and naturalized Dutch) who has been living in The Netherlands for 20 years and who lived in Portugal for sometime as well, I do not see myself moving back to Colombia or to Portugal for that matter (or perhaps even another EU country or the other 8 Mercosur countries I could easily move to). For holidays? Sure. Knowing how disorganized those countries are I’m also way too used to how perfectly organized and efficient life is in The Netherlands. I feel like living elsewhere would be a major step back. I find The Netherlands a good balance of German discipline and somewhat Southern European laidback-ness. Working too much is frowned upon. You don’t even need to own a car in this country cause you can use your bike for everything. The weather is also pretty ok here in the south of the country, where I live. It’s sunnier and warmer than elsewhere, but rarely extremely warm. I live by the sea too which is great.
Interesting. What's your view on the current situation with the Dutch farmers versus the government? I only ask because the motto of the Nomad Capitalist 'Go where you're treated best' is the antithesis of the way the farmers are being treated.
I have to say that after having lived in Netherlands which was a good experience in comparison with kurt European states I've inhabited, Colombia for me is a far greater land of opportunity and interest. The people and nature itself is so much more vibrant and alive. I cant see myself ever moving back to northern europe, in fact I'd rather die. Southern Spain and Latin America are such amazing places for me to live on a daily basis.
@@AndrewJohnson-en2hb h
Does people generally speak English in Netherland? Is it posible to find midd class job speaking English?
@@AnarchoEconomy Yes people speak very good English in the Netherlands, and, yes there are good paying jobs if you have specialized skills.
Hey man, I know you do all these vids with rich people in mind.. But really speaking its the middle and upper middle class that should move from the US when you really think about it. After all, rich people can live well just about anywhere, even in the US. You should do a vid exclusively on how the "ordinary folks" can move to another place They're the ones who really need it, not someone who has $100 mill in the bank.Your viewership #'s would go through the roof
He does have quite a few videos on that too already.
@@Ashraf-ph3zl not all citizenships costs that much, and yes middle and upper middle class can move too, there are ways, not as easy/options, but can be done...
@Alexander check out Caleb Jones Sovereign CEO, he is more geared towards middle class folks looking to become self-employed and move abroad
@@alexanderordinary2110 generally speaking the most desirable Citizenships do cost lots of money. Sure a middle/upper class can possibly afford $150K Brazilian investment (PR to Passport, in 5 years). For example.
However, look at Australian or Even Spain's investment program costs. Portugal is looking to change its investment program (for higher costs) Although East Europe has its perks, many truly want Western Europe's perks. I'm speaking specifically about US Citizens.
If this wasn't the case, most would just look at Andrew's videos about paying $50K for a Dominican Passport or $100K for a St. Lucia Passports. However, those Citizenships are NOT what many US Citizens want.
I agree!
As someone who just renounced my U.S. citizenship and moved to Portugal last year, it might be helpful Andrew if you did a video describing how the ECB is struggling even more than the FED with its debt load and rising inflation. There is a great concern over here that the PIGS (Portugal, Italy, Greece and Spain) are close to defaulting and that EU could start to unravel. the ECB needs to raise rates like in the U.S. but can't because it will bankrupt Italy. If they don't, inflation will continue to run away. Christine Lagarde has no answer as to how address what is a mathematical certainty at this point - QE will continue to infinity. Some countries may need to leave a la Brexit to control their debt load and once it starts, the house of cards will fall. I don't believe the EU in its present form is here ten years from now.
This is a video for your dad to handle perhaps.
DJ69 - The problem with the EU, along with most Socialist countries, is that their elected official spend their tax revenues like drunken sailors. To the point they have to borrow to continue spending. 50% of France's GDP comes from government spending. That's absurd! If the EU, was so concerned about inflation, they should cut back on their spending and eliminate all the waste that goes on in government. If they did that, they would also balance their budget.
Do you regret it? Here researching now
@@olivierdevries01 in the long term socialism never works. It is utopian at it's very core. The only reason so many EU countries could even indulge in that nonsense is because they were under the US umbrella and did not need to fund proper military but now with Russia knocking on their doors and the US looking wobbly to say the least either they switch to war footing or they collapse.
You have to be careful with some of these macro economic topics. If you only followed these indicators, you would live in Russia. Russia has one of the lowest debt to GDP ratios in the world.
The ideal country - these days - would have it's own energy supply and food supply be non - EU, non-NATO along with all the other factors like banking and taxes. I'd like to see you focus on countries with food and energy self sufficiency with no WEF influence. Is that Mexico? Georgia?
✔
Brazil?
Russia 🇷🇺
You have a point
Switzerland?
It's worth mentioning that Irish Citizenship includes the right to live and work not only in the Republic of Ireland, but also anywhere else in the EU and, uniquely, in the UK as well. No other EU or EEA citizenship / permanent residence option provides the option to live, work, or retire in the United Kingdom. Simply put, Irish Citizenship carries wider residency privileges than any other European country.
Still what fool would ever like to live in the UK?
Not true, Portuguese Citizenship confers the right to live, work & retire in Brazil with the exact same rights & privileges as a Brazilian citizen. I'm also sure Dutch & French citizenships also confer residency rights in other parts of the world.
Also, as KaptainSmartTV wrote, what fool would ever want to live in the UK? The UK is a cesspit riddled with third world, backwards "cultures". Every British person I know wants to leave, but where do we go? Anyways, even if we did go, they'd all end up following us like a disease.
@@AntoinMhicArtain There are safe heavens, but I'm unwilling to disclose them. In fear of them getting ruined. 😁
@@essential.technology At least DM me, as we're clearly like minded people! 😂
@@AntoinMhicArtain Thank you for the information about Portuguese Citizenship, which I didn't know. That's quite interesting and I shall remember it for the future (it would be more interesting still if you knew whether the Dutch & French citizenships confer such rights - though I'd wager a guess that the French aren't entitled to settle in Algeria, at least!). As for your comments on the UK, third world "cultures" are also present in Holland and France. But perhaps that doesn't undo the general thrust of your remarks, if I understand them rightly.
Portugal is a great balance of western and southern European mentalities/cultures. I'm a tad shook after being in the EU for the past 2 years at the prestige people put on EU residencies. There are many EU countries that I would argue are at a disadvantage comparatively toward specific ASEAN countries. Also I don't understand the interest in Brand Names when it comes to citizenships. Germany for example not allowing dual citizenship sans special circumstances is a great example of a very limiting place to build a future. It always comes down to the individual and what they view as "Top Standards".
Portugal is the home of single moms and too gynocentric
Mr. Beats, I have also observed the phenomenon of EU citizens looking upon residency rights as a type of hierarchy. My best guess is that this is what happens when citizens of individual nation states find themselves part of a supranational entity (that is, the EU) that they more or less admire, while at the same time feeling anxious about the incremental loss of the political, legal, and economic authority that this membership entails. Hence, "[Citizenship A in the EU] is better than [Citizenship B in the EU], because it's a bigger country / has a bigger GDP / has a bigger military, etc."
On the other hand, this type of one-upmanship plays out elsewhere in the world as well (for example, you mentioned ASEAN). It reduces entire cultures and societies to a zero sum formula, usually revolving around things like GDP per capita, physical infrastructure, political clout, and so on. It's all a very tedious way of looking at things that is tantamount to self-harm, given how much it ignores of culture, folklore, history, traditions, and eccentric habits. Honestly, one would think these people were talking about cardboard cut-out countries rather than real-life societies with human beings living in them.
Come to the EU if you like how the WEF operated the world during covid. I live in the netherlands and I plan to leave this madness.
I have seen it (I am French), where do you plan to go?
@@yb8080 a country in central or south america. Where there is no strong government and a sunny place with nice temps.
Yo Harry, i live in the Netherlands aswell. I'm moving to central America in a few weeks
I agree..it is madness..planning to leave the Netherlands asap..
@@someguy547 that's awesome. I hope you find a nice and peaceful spot. Can I ask where you're looking for to settle?
Thanks for the good and the bad....but what about the ugly? 👹
Portugal is awesome, just moved there. Highly recommend..
Yes but what will it be like in 25-30 years?
@@amcmillion3 HA!! you could ask that about just about any country in the western hemisphere....
@Pessy's ASMR after the whole summer in Florida, Portugal is quite comfy))
@Pessy's ASMR More than in Arizona?
Are they areas in Portugal a bit cooler?
Not sure I would recommend Europe that much anymore. The whole EU is getting more and more centralised, which is a horrible idea due to the enormous differences between countries imo. Also, their energy and food supply is rather unstable right now, and the European economy relied a lot on cheap Russian gas to stay competitive. Without it, Im not sure how much they could compete with cheaper Eastern industries. Also, yeah, your freedoms are starting to disappear more and more and for Americans, the freedom of speech protection would almost certainly be insufficient
I think you are correct on every point. The problem is people fall in love with Europe even though it makes no sense
Imagine Germans being told to ration natural gas in the summer. Wait until December.
I agree with freedoms starting disappear. With very little push back in some places.
@@brettalmeda3880 Good thing I’m staying in the USA.
@@jakearsenta2144 Don't get me wrong; If you love someplace, go. Life is short. Will it make economic sense? Well.....
what about Romania? 1% taxes, can you do a video?
@@hendrixansel9750 You are completely spot on with this list. To simplify a bit, if you're an employee you pay around 43-45% in taxes so about the same percent as in countries like Germany, France etc. If you have your own company it gets a bit cheaper but you have to deal with tons of bureaucracy and with incompetent, bad-intentioned state agencies.
So no, keep away from Romania.
You’re better off settling in a European country that has not adopted the euro such as Switzerland, Norway, Hungary etc…Currently, opening an account in euros or holding euros is simply asking for trouble both short and long term. For those who have capital, there are so much more attractive destinations than Europe and EU. It’s a sinking ship.
I agree. I sold off what few thousands Euros I was holding onto about 1 year ago when I realized the EU was slitting their own throat during the lockdowns. And now looking at how poorly they are handling Russia I feel vindicated in my decision to completely abandon my Euro position.
The Hungarian Forint is far more unstable and inflated than the euro right now.
Hungary is beautyful!!! You should do an complete tutorial about it! The future and key of Europa!!!
I was very interested in Hungary but the government just declared an energy emergency. Most Western European countries are dependent on foreign energy except Norway.
Hungary is indeed beautiful! I once got the train from Zagreb to Budapest and we went all along the shores of Lake Balaton, absolutely stunning! Then when we came to the outskirts of Budapest, it reminded me of a gothic movie, the architecture is unreal! Architecturally, Budapest is my favourite city, without a doubt.
You have to be able to speak Hungarian
The comment on no alcohol in a Spanish restaurant is probably just made up. I haven’t seen that in my entire life and if that would ever happen it might just be a one in a million event. He is telling you that as if is common… lol.
Same. Not once in my many years in Spain.
I have experienced it first hand a few times, although in all fairness, it was quite a few years ago now.
Brilliant analysis. Thanks Andrew.
This is an advertisement. "Seven-Figure" lackeys don't watch this channel. He's after you for some more fees.
Thank You from Bulgaria.This gentleman deserves every penny he made.Deep knowledge which comes with very hard work and jump to harvest enormous experience to understand different mentalities and Nations.
How is life in Bulgaria? Do you recommend for people to move there? I am originally from Poland but living in Canada for the past 35 years. I do not like what Canada has become.
@@Alien2799 Hello,If You are Polish,You have European Union Passport,Sir.And You can choose where to live in The European Union.I understand You about Canada very well.Depends if You have Family and what work You want to do.If business, Netherlands, Switzerland (even it is outside The EU).Because of taxes and easy to do business.But everything depends what is Your character and what life You are looking for.If I may help with whatever,let me know.I am NOT charging,if I may help You with info or else,I will do it
Spain is intense to live in. 2nd world country. France is sickening also - nothing opens on time, everything’s broken, very unreliable transport
check out the art of hand flapping, shoot the camera man?
For Americans, we should also be talking about DAFs, onshore and offshore trust options to bring taxes as close to zero as possible. Passive investments generally can also be done in solo 401Ks. There are alot of strategies for multi citizenships without giving up US citizenship and minimizing taxes. Also Puerto Rico.
like your videos and leaving the home country may be an option for some - but i can’t leave US as wife doesn’t want to - for someone in my position -i haven’t found a better option than PPLI- don’t get culture change but at least get tax benefits - but if i was younger i prob would
Are you in Serbia? Asking because of the White Angel painting in the back.
The EU is going in on the Global Minimum Tax and it will be high. Run.
Do you think the EU will end anytime within the next 15 years ?
Within 15 months!
@@truthseeker646 lol no
Eu is a new soviet union. The end will be similar it will slowly be worse and worse. Until it becomes a total insane asylum.
Yep.
Andrew is ignoring huge geopolitical changes
I certainly hope so. It's been nothing but an expensive disaster!
The western EU is a woke socialist shithole, I wouldn't recommend any US citizen to move there. Furthermore the EU parliament bureaucrats want to control and supervise everything you do, starting from any amount of money that goes into your amount (as little as 500 EUR or smth like that), to what speed your are allowed to drive your car with (the car will basically read the signs and reduce your speed automatically). Besides that innovation and progress is not encouraged, actually the opposite since they hand out free shit and for example a janitor earns 1.5-2 KEUR/month and a SW developer earns 3 KEUR/month.
The eastern EU is not there yet but I would estimate it will be the same in a few years because the western trend is spreading to the east as well and as long as you're an EU member there's not way out eventually.
So no, imo there is no discussion here, I would just stay away from the EU altogether.
The EU bureaucrats have no vote and no say. Only elected politicians can formulate EU policy. How is the EU controlling your bank account? Why are you against speed limits?
@@seekingthemiddleway4048 Wtf are you talking about bro? What is the difference between EU bureaucrats and EU elected douchebags?
Those 2 examples were meant to describe de level of control the "elected politicians" are trying to impose in the EU.
Check out the crypto regulations they want to introduce (MICA) if you haven't already.
I don't have anything against speed limits, though I have something against control and I want to drive my car that I pay for the way that I want.
@@alexs.9192 You seem to be against representative democracy, though I'm not sure why you place the word elected in inverted commas.
@@seekingthemiddleway4048 I thought it was obvious but to clarify, I was quoting you when I was using the quotes.
And yeah, I'm kind of against representative democracy since I noticed all of the representatives are moronic stooges, which is probably like 99% of European leaders at the moment.
Also, tbh I'm kind of an anarchist myself..
Yes Alex stay away...Greetings from Portugal...🇵🇹🤙✌🤟👏👏👏😎
How is parity and the inevitable fall below parity of the euro to the dollar impacting Europe and all of this?
Export industries will benefit from it, but imported goods will have higher prices.
2:19 spain is and ineficient country, so true XD
Yes, Italy has introduced a 7% flat tax for non-EU retirees. However, it applies only to certain geographic locations such as Puglia and the retiree must choose to live in a city of less than 20,000 people. Italy is trying to bolster its less populated areas.
If are an American citizen, or were born in the USA, you may have problems opening a bank account in many European countries. Mamy banks don't want to extra paperwork involved with Americans. Have any others had problems opening a bank account?
I have a bank account in Portugal...Visa...Mastercard...Legal residents have no problems...Orginally from Texas...😉🇵🇹🤙✌🤟👏
I know the Swiss bank's won't touch American citizens
Make use of the remedies in 8 USC 11 and 14 to change your status from US Citizen to US National. That takes you out of Federal jurisdiction and thus no longer subject to FATCA. Then update your info, change your passport so this reflects your status (you will have a Passport Endorsement stating "US National, not US Citizen"). You will retain American nationality (as those US Code chapters indicate), but be out from under Federal taxation and other onerous obligations.
Someone with paralysis or a child with cerebral palsy before giving up on their health they should try kunga therapy a non medicinal massage therapy in Kigali/Rwanda🇷🇼🇷🇼 before anything else
EU would be nice but 2 problems: wokeism and lack of wild areas to explore.
Hungary, Slovakia, Slovenia, Croatia, Czech Rebuplic, Andorra.
Serbia?
Nothing works in Italy. The roads are mostly broken. The bureaucracy is murderous. The emergency health care is fantastic! But non emergency medical is very slooooooow…
Taxes?
The roads in lombardy is quite maintained. All the rest is trash
@@JayStillYung Have you driven in Monza? Too many holes. 😀
Same for Greece.
Let China in and work with them and they will develop these countries which they can't obviously do themselves.
@@alwayslearning7672 Lol the CCP won't even exist by the end of the decade they aren't going to be able to help themselves let alone anyone else.
@@alwayslearning7672 and China will give them “free stuff” till they can’t pay it back and take control of whatever port, road, mine or factory that they want.
EXCELLENT ! Bravo !!!
Yanks taking advantages of the low Euro against the Dollar.
getting my hungarian one through my dad that was hungarian. Def. better than being in Canada.
Do you need to speak Hungarian to get it? Both sides of my grandparents/great were hungarian
Yeah this place is going downhill fast to be sure! Good on you!
@@user-iu2kq7nx8u if your parents are hungarian you don't need to speak it. If your grandparents were hungarian you have to have intermediate hungarian and pass the language component.
@@annainbudapest1261 understood. Thank you yeah no one speaks it anymore just grandparents and they have passed. Newer generation is on the Romania side. But I'll learn hungarian one way or another too!
@@user-iu2kq7nx8u you can take online courses check out magyar is kola in Hungary. but you can do it from the Usa its very good.
Come se' u pay, limit or nolimit in linier way...
There may be a Slavic Alliance of Nations that will compete with the EU. Which will be an interesting option....
Seriously?
Exactly which countries would be the founding members?
@@vilena5308 I mean of the Commies in the West keep pushing. Its going to force Serbia, Bulgaria, Hungary, Georgia and more to create an independent alliance. And neutrality with Ruskis.
And now thats its public knowledge all these Oligarchs are Israeli citizens. Its going to box out Israel as well. You cant just invade America after the Russian revolution install a bunch of people. Bomb Serbia, Human Traffic Women and Children from the Balkans. And Human Smuggle through IsraAid in the "migrant crisis" planned European Genocide and think you are going to get away with it...
@@vilena5308 Slovakia, Czech Republic, Hungary and Poland.
@@vipeton.8927
Hungary?
In the 'Slavic Alliance of Nations'?
🤦♂️
@@vilena5308 Vishegrad?
If you’re a betting person go for Montenegro. Beautiful is an understatement and they are up for the EU in 2025
blatant ignorance
Winter is coming
Malta ❤️❤️❤️
what do you think about north cypress
Hi there how do you want me to get in contact
Some Americans moved to France as well actually. Now they pretty much all invested in real estate there as there’s a way to lower your taxes this way.
I grew up living in London, The Hague and Paris as an American oil brat. I plan to retire in France. The cost of home ownership there (France/EU) is much cheaper than in the USA-lower mortgage rates at only 1.5%, e.g. and much slower to rise, no double taxation as a US citizen, much lower property taxes, no need for a car if you live in any city or large town, superb public transit and excellent cheap healthcare. Pretty much the same throughout EU. Housing is also cheaper if you don’t buy in Paris or the city center of Lyon, etc. but you can find beautiful properties in smaller towns, villages near big cities (that you can train to very easily sans car), or in the countryside (where you’d need a car). Many Brits and other expats live and retire there. The French people are lovely, educated to a high standard (higher than in the USA), and many speak English fluently. Culturally there is no “woke” bullshite and overall EU countries are very much more diverse and inclusive, without talking about it endlessly, than anywhere in the US. Some see the US as second only to Apartheid South Africa in terms of its intolerance. Chew on that, conservatives.
Also France will not tax Americans on their social security “earnings.” There are tax treaties in place with US and EU countries. All in all, Socialism in Europe has many advantages.
All this to say it’s important to consider all aspects of a transition and emphasize what works best for you.
blah, blah, blah.
Lost me at the adulation for diverse and inclusive. It's meaningless.
@@russianguy1341 It's actually harmful and a weapon against white countries.
I write for a living. Go learn how to read. You might learn something while you’re busy making all those big bucks, 😂
@@pawlieblog7967 Wow, you sound like you have a super important job! Tell me more.
Yr geopolitical risks r way underestimated. How safe will EU be when the nukes go off?
Just stay in Dubai if you have the money.
I would not put my money into the EU anywhere it’s not where you’re treated best
Czech Rep pretty solid country (For self employees).. Also heard good things about Romania, Bulgaria & Montenegro
@@jesusgil9971 if they are under the EU dictatorship then hell no
@@Crusader1984 then what's the alternative, USA? No visa
But income taxes in Europe it's pretty high among all the countries, isn't?
Thank you
I love Europe a lot but does it have the future 🤷🏻♀
If that is a question = Nope.
@@johntheaccountant5594 That is what I am also thinking... So sad
Sadly, the future doesn't look good. Europe was doing well when it was small, independent countries. Large unions have destroyed europe. First one, of the soviet variety, second one, the EU.
Europe will always be there as it is a geographical region the EUSSR will not as its a beaurocratic authoritarian dictatorship that demands to be a federal state of europe destroying all countrys within it.
I've really been looking into moving to Portugal and want to go because I am tired of the situation in the US however every country in Europe besides the UK and France don't have good future prospects and I don't want to move to either of those countries.
Greetings from Coimbra, Portugal today...Sipping on a Gin @ tonic and life is good...Get Busy living...🇵🇹👊🤙✌🤟😎
does anyone know is if Schengen countries are open and free without being checked/stopped by security?
If you have a schengen passport then you don't go through migrations. The security check is done to everyone equally.
@@Zelielz1 two years I drove in seven Schengen countries, there was no stopping at the borders, it was completely open, one could drive freely without being checked? Are you saying that has changed?
It's open but cops wait just inside the borders and stop suspicious vehicles (at least in Germany, Austria, France)
@@honzarox thanks
During covid restrictions just say that you're only driving through.
For someone who values safety, nature, silence, friendly people, what's the best countries in Europe?
I like the mediterranean culture but people are so noisy 😁
Lapland
Well then just be at the mediterranean form noon to 3pm.
@@maxhi88 😁 👍
Technically not in the EU, but is in Europe - Switzerland is lovely (I lived there for 5 years and it’s beautiful). Luxembourg is ok, but it’s a very small place (I go there for work some times). I much prefer Switzerland.
The post-Yugoslavia countries, particularly Bosnia-Herzegovina and Montenegro, as well as Albania are good options. They are relatively safe, cheap, and the people are very genuine compared to most Western European countries.
NORWAY is NOT i the EU. You claim to be an expert, and sell your expensive services to people thinking of relocating.
Yet you get basic facts wrong inthe video, and mention Norway several times as an alternative in this piece about relocation to the EU. Though Norway is part of the Schengen travel agreement, it does NOT adhere to rules of residency and work permits that apply within the EU.
I suggest that people should think several times before paying for you advise...
He's a total amateur. Selling overpriced Carribean passports.
Andrew, I have an off topic question. Maybe you could point me in the right direction? I have fundamentally transferred to Europe but I want to maintain a legal US address for my drivers license (California) and banking and stock transactions. The catch is, I don’t actually live there. I’m using a family member's mailing address etc. I have a very small piece of farmland in NC.
What har my options and/or consequences?
Thank you.
Considering that Andrew won't answer you, I must say: it's not an issue. As long as you can access any mail you receive in the US, probably no one cares. If you wanted to be considered a non-resident and get FEIE, for example, you would have to pass a IRS physical presence test of 330 days in the EU; since it's the opposite, they shouldn't care because you are still a tax resident. Just search for Statutory Residence Test or similar, to be on the safe side. But if you want to be a tax non-resident... wow, no idea.
Keep all your addresses the same and use a mail redirect to get all mail if you arent there. No issues and been travelling for almost 5 years with bank or anything else
@@rubensnogueira5838 Thank you.
@@stefanochiriaco6175 Thank you.