The Cheapest, Most Livable Countries in the World
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- เผยแพร่เมื่อ 1 มิ.ย. 2024
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In this video, Andrew will take you on a journey through some of the most budget-friendly destinations that offer incredible lifestyles without breaking the bank. Discover how you can stretch your dollars, live comfortably, and even enjoy a better quality of life in these incredible destinations.
Whether you're considering a move, seeking investment opportunities, or simply dreaming of a more affordable lifestyle, this video has insights you don't want to miss!
00:00 Start
1:52 Cheapest Places to Live (Colombia, Turkey)
5:30 Eastern Europe(Serbia, Romania)
7:30 Southeast Asia (Malaysia, Thailand, Vietnam, Indonesia)
9:50 South America (Argentina, Brazil, Peru, Ecuador, Paraguay, Uruguay)
Nomad Capitalist is the world's most sought-after expert on legal offshore tax planning, dual citizenship, and international asset protection. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where you're treated best."
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Absolutely love this video and all the content you create its certainly changed my life for the better ❤❤
Thank you so much!
You constantly talk about wealthy people and going where you are treated best. I have very successful and can live anywhere I want. Why should I settle for less and live in some slum of a country? Less taxes? Not my primary concern. More value for money? I have lots of money and I can buy only the best. I don't need to buy friends. In most of the countries you recommend, people like us are seen as nothing more than an ATM machine. Once again Switzerland came out as the best place to live. Then came Canada, Sweden, Australia, and the USA. I didn't see any of your picks on the list. Anyway, will we see you in Davos this year? 😂
@@user-jm2lt7jp6q funny and silly statement.
I personally find I get treated far far better in these countries , which ones are you referring too ?@@user-jm2lt7jp6q
Well done. Leave places like Serbia to people like him.
Been living in Malaysia since 3 years. He's spot on, Malaysia is very underrated. Affordability, standard of living, food, diversity, everything is just right. Very thankful to be here in KL.
Did you move there and then find a job, or have a job that transferred?
Is the rule of law fair there?
How did you move there and get property?
Yeah but it’s extremely hot and the women are meh
@@Wealthzillano
I live in Australia, working class , we no longer enjoy a “lifestyle” we live week to week , hand to mouth , we have zero savings and zero disposable , a once great place to live is now one of the most expensive, totalitarian controlled shit hole.
Same in Canada....!
Why u think that is?
Nomad Capitalist caters to million+ net worth.
Just a broke bum bruh this is comment is so embarsing I'm literally embarrassed on your behalf. Most people around the world would love to live in a first world coutry like youu
Lived in Malaysia for 2 years. Did uni there. Its basically first world infrastructure with third world prices. You can't beat it.
What years were those?
Loll are the pay there 1st or 3rd world loll
As a digital nomad, I can recommend Istanbul, Bogotá and Belgrade.
I've heard from others that street crime is something you have to be careful about in Bogotá, though I never experienced any.
Quality of life is excellent in Belgrade.
Agreed re. Bogota, just take ubers (which are very cheap when spending dollars), and you can have a very comfortable life there with lots of optionality for social experiences.
i wouldn’t recommend istanbul because of the earthquake risk
Bogota,Belgrade ?which country is that ?
@@AlfariziZakaria Belgrade is in Serbia Europa
Medellin >>>>>> Bogota
Ive been in the Philippines for 18 months. Malaybalay Bukidnon on the island of Mindanao. The weather here is COOL as its in the mountains. Filipinos are all taught English! Im living well on $1,500 a month! And the women are Kind, Loving, Christian, and if you have merely my kind of money you will be looked for! I LOVE the people of the Philippines.
Exactly 💯 I go to baguio which the weather is cooler . But it rains alot but extremely cheap.
Too far from services unfortunately.
@@esparda07 Yes immigration is in CDO. But other services seem to be close enough. I've been here for 3 weeks.
“Kind, loving, christian” wtf?! 🤣 plus why the fck when i google it, it says “beware of kidnapping”😭😭
@@Daniel_0778because you rely too much on the internet and probably know nothing about the country. The Philippines is very safe and nobody will kidnap you.
There is nothing wrong with Africa. There are developed, lush cities with alot of culture and modern amenities. In fact, a lot of expats are moving to places like Ghana, Kenya and South Africa.
Yes it is, lets keep this a secret so people will NOT start flocking there....lol
I'm sure there's great cities and opportunities but you can't tell me there's "nothing wrong".
Crime rate is very high. Look it up. Any area with a higher amount of African descent people will have a high crime rate based on the data.
@@neoswordian91 if your primary concern is your safety then you don't have enough money to insulate yourself. Most countries that are cheap have ussies with safety, corruption and politics.
@@SafferCA Nah i have a place in Malaysia--super cheap and extremely safe.
The poorest countries have the nicest locals where is the most expensive countries have the most toxic locals that are either racist or prejudice.
i agree for some.
I agree 👍 Although racism exist anywhere we go unfortunately. But,the locals in poorer countries are definitely more welcoming in general. They love tourists because they need us for their business that can bring 'em better lives !! I was very surprised to see how Cental Americans & South Americans are super friendly by watching those on TH-cam !! I'd love to visit those countries !!! They're in my bucket list now !! Who knew ! Lol. I also love about how fresh / locally grown produces & mostly organic produces at very very affordable prices in those countries like Nicragua / Ecuador ,etc. !! I am super jealous of 'em eating those everyday !! Lol. 💜🥁🐉🎤🎶💞
Poor or rich! Friendliness is important! If rich people are friendly, then we will be cured from insecurity, also my home country is poor and people there stick to their bubbles and refuse to meet people...
@wajdi_bouzidi I agree w you ! Although, rich people's insecurities won't get cured by being friendly ! Lol. They're paranoid & they should be in many ways !! Rich or poor ,many people are very insecure . Some rich people are very friendly ,too ! But,that doesn't mean they're confident !! Or not insecure ! 💜🥁🐉🎤🎶💞
@@spark_6710I actually have an urge to leave my home country for good! In order to escape from narcissism/insanity of society featured by the chaotic living conditions, extreme poverty, tyranny, and bureaucracy...
We loved Turkey so much after visiting Izmir, Antalya and Cappadocia, that we went back after spending a week in Sofia, Bulgaria, and visited Istanbul and Ankara. Hands down, the most affordable country with most hospitable and kind people and delicious food. Yes, I can see why it’s on this list ❤
If you had to live in one of those places, which one would you pick?
If it stops shaking and if you always wear large close as a woman. Turkey is slowly sliding towards a religious state, not a very good place to be when that happens, we have previous examples(Afghanistan /Taliban regime).
Ask the surviving Christians about turkeish hospitality. Reality is very different wheen you are not the high status visitor bringing money.
I love Turkey
@@florinpandele5205 , Not really. keep dreaming. only around 30% of people in Turkiye are religious muslims, and also the people that follow Christianity are on a growing trajectory, along with Deists.
Bulgaria, love it, history, people, food and wine, scenery, low tax, cheap property and easy access to Turkey, Greece, Romania and Serbia
How are foreigners treated in Bulgaria? I'm Canadian looking to relocate
You will be fine as a Canadian
I’m in Colombia and spent the past year exploring it. It’s a wonderful country. Although the prices in Medellin are going up like a rocket. I’m not a fan of large cities but Medellin is a blast. There are other cities I won’t mention that didn’t make his list and I’m glad because they’re my favorite and I don’t want any gringos showing up. 😂😂😂
I have lived in Medellin for many years and the two biggest concerns I have are the cost of living and the presence of internationals coming here. Within the next few years I will be relocating to the coffee triangle especially because I won’t have to worry about all the “gringos” coming in. The last time I visited the area, I only heard English spoken by travelers going to Medellin 🤷🏻♂️
Are the chicks affordable there?
@@alkukhtayes but you might die
@@GBU61 totally agree, I am in love with Pereira right
Too dangerous, not worth it.
That is exactly what I'm doing.
Canada become very expensive to live and in low season I just make enough money to pay expenseses. Nothing more
During the low season I go to Buenos Aires (I have double citizenship) and spend there 4 or 5 months. You can live like a King there with less than a half of what I need here in Canada to just pay the basic expenses.
Same, I’m in Perth mate, can’t wait to go back to my hometown, such a great life there and the food is amazing, great places to go to south and or north so cheap too
@@gloriabecker5515 Yes the food is fantastic and you can eat in a good restaurant with less money that you spend here in the grocery store.
I paid 9 bucks for a fantastic Pizza in the Inmortales Pizzeria. Here with that money you just buy a box of cornflakes
What kind of work do you do, if I may ask? I'm in Canada and looking to get out. All I have to do is sort out employment.
Turkey is a very good country but heard recently that Antalya is becoming very expensive since the Russian and Ukrainian war. So much so, that rents have jumped nearly 400% in some towns over the past two years.
It's not about Rusya or Ukrayna anymore. It's now about greedflation
@@alldo-nc2fd demand and supply
Most racist country ever I heard
Bulgaria 🇧🇬 is an excellent option
@@Muhayyo666 - Not exactly. However they are getting frustrated with the nationalities that are negatively impacting their economy, like the millions of Syrians, or the Russians pricing out the locals. Near-to-no racism against people not from those Turkey-affecting populations.
Thanks for highlighting KL. It is very affordable to live here, I pay RM1530 for the mortgage and earn as a freelancer in USD and Yuan, and my monthly commitment is around RM3000 overall and manage to save around 1500 USD a month, which is a very good start for me personally, as a local with subsidize government benefits, Malaysia is developing in slow pace but we surely get there one day.
What you doing for life ?
Malaysia it's a developed country by infrastructure, but 2nd & 3rd rate by mentality of most people there!
@@l.k.7940 2nd & 3rd rate by mentality of most people there! what do you mean ?
@@davelawson2564 , as in 2nd & 3rd rate countries, 2nd rate being developing countries and 3rd rate being undeveloped still backward left countries.
KL BLOWS. $30 for breakfast. GTFOH
Be careful choosing Ecuador. I went, did the residency stuff, spent 18 months, and by the end, I couldn't wait to get out of there.
Lovely people, but a lot of crime, a lot of danger, weak cuisine, and outside of Cuenca it's very uncared for and underdeveloped. If I had to go back, I would have lived in Baños or Limón Indanza.
Your money will not go as far as you think in Ecuador. Import taxes are huge. Shopping at the supermarket is more expensive than back home. Consumer electronics are overpriced. Clothing is more expensive. Footwear is VERY expensive. If an Ecuadorean can trick you into paying more, they often will, but they'll be nice and jovial about it.
I left 6 months ago and moved back to Thailand. I don't have to double check my door is locked, watch over my shoulder walking down the street, keep my phone out of sight, avoid dressing nicely so I'm not a target, or get ripped off.
If you're set on central/south America, I'd suggest Arequipa, Peru, or Atitlan, Guatemala.
I’ve been living in Bucharest, Romania for 4 years. Amazing place, very cheap compared to other European capitals, well connected, lot’s to do
This happens always, if there is a huge gap between well-paid and bad-paid jobs. If the bad-paid jobbers can just survive, for the better paid it feels cheap.
And gorgeous people too I hear
If it's so great up there, why are so many Romanians coming to Northern and West Europe??
@@Jademoonx chances for low qualified people to get a job are bad. But for digital nomads it's paradise.
After seeing what they're doing to the Tate brothers, Romania is too dangerous for any wealthy foreigner to live there.
I just got back from spending 10 days in Managua, Nicaragua. I love that country, it is an undiscovered gem. Everything is very cheap, your Dollar goes a long way there. My friend who talked me into checking it out is renting a small house for $150/month about 10 minutes from the airport. It is very safe, the people are very friendly and easy going.
Thanks for sharing!
Wild, Managua is super unsafe. I’m glad you’re having a good experience, I would never return there!
Ortega is a commie
@@tanyaenfuego I’m back again, just bought a house here 😃
@@tanyaenfuegowhy unsafe? What are the risks there?
Andrew, reading the comments highlights many of your points. I appreciate the free leads you give out on these videos for anyone to follow up on. Thanks for what you do (and put up with.)
Thank you for your kind words!
Great video mate, thanks. Buenos Aires for me.
Fantastic info and service! Thanks much Andrew!
Our pleasure!
Just got back from Romania. Absolutely love it there! Most likely moving there soon.
I have roadtripped around the Balkans a lot, and from 4 countries I would say Varna/Plovdiv, Timisoara, Novi Sad/Nis, and probably best value and location Bitola Macedonia or nearby Prilep. A lot depends on rent in the Balkans.......... I own a place outright in Bulgaria and is pennies to run.
Why do you pick Bitola for the best value and location?
@@rlmint the climate is a little warmer than many Balkan places, Macedonia is not in the EU which I would deem a plus, and Bitola is a very stylish place within reach of Greece, Albania, Serbia and Bulgaria within hours. And its the cheapest of the mentioned places.
@@nickob55my mom is from Bitola. Can I get a Macedonian citizen? I’m Canadian.
Is that a good idea?
@@JJ-qp6jw In my opinion yes, but depends if you want to get out of Canada
Our product developers are from Belgrade, Serbia, and visited them last February. Loved it like most of Eastern Europe.
Coming from Canada, I am not a fan of hot and humid countries. Been to SEA many times, beautiful but too hot and humid however, Chiang Mai, Thailand was perfect (outside summer). Malaysia is beautiful: KL, Penang but too hot and humid (again). Since I speak Spanish fluently (with French and English) South America is also a very good pick, and love the culture.
Alors, si tu partais du Canada tu irais ou?
I just looked up the weather for Belgrade and it’s 90 degrees there today 🥵
Do you know of other places that don’t get hot?
@@wintermoon5194 try Finland or Estonia for cheaper option
@@wintermoon5194 Go north to Novi Sad.
@@wintermoon5194 antartica? hahahahhaah
Thank you so much! All great ideas.
This information is excellent, thanks for providing it.
Nice to hear that!
For me it's KL Malaysia or Chiang Mai, Thailand. I've lived in both places and the infrastructure, food and the people make them both great places to live. I was impressed with KL's infrastructure as soon as I arrived. Chiang Mai has my heart with it's night markets and mountains. ❤
Did you find Ching Mai pollution to be a problem as they say? During year many months bad air quality due to smoke from farms and mountains preventing air exchange?
@@vectorifix3218 I avoided Chiang Mai during the months of February and March to not deal with the pollution. Most people go down south during those months or spend a few months in another nearby country.
The burning season is a dealbreaker. Having to move somewhere else every year sounds like a hassle.
Nice, I'm in Khon Kaen
Pollution poses a significant challenge across Southeast Asia, primarily stemming from agricultural practices such as the burning of crop residues. Bangkok, although a major contributor to pollution, benefits from its coastal location, resulting in relatively lower pollution levels then it suppose to be but still high though really depend on the weather. In contrast, Chiang Mai experiences pollution predominantly from agricultural activities, not only within Thailand but also in neighboring countries like Vietnam, Laos, Cambodia, and Myanmar, where simultaneous burning occurs. Crossing borders alone is insufficient; coastal areas tend to have lower pollution. Indonesia faces periodic forest fires, with the smoke drifting to Malaysia and Singapore. While pollution patterns vary, particularly in northern Thailand. Being a nomad offers the opportunity to explore the interconnected Southeast Asian region, facilitated by affordable and accessible flights. Living in Aviation hub city such as Bangkok KL or Singapore allows for convenient travel to major cities in Thailand, Malaysia, Singapore, Vietnam Cambodia Laos the Philippines, and beyond. If you concern about air pollution island is the answer but keep in mind that during Moonsoon season it got extensive rain and you cant swim in the sea you may like to be somewhere else during that time in Thailand it always like if the South got heavy rain the weather in norther will be very nice the west coast and east also being seperated by the moutain rage weather aint really the same too.
Malaysia is one of the best place to live.. cheapest petrol charges in the SEA.. Diverse with western and eastern foods cuisines and cultures.. everything you can find here.. MALAYSIA is truly Asia 🇲🇾❤️✌️😊
Are you living in Malaysia? If so, where and where do you recommend?
@@rlmint yes, it depends on what you want and like.. I prefer to area in the greater KL aka Klang valley..
If I may ask, How does the internet service hold up there? As well as housing? I work in freelancing and IT support so for me a stable internet is kind of important
I heard it’s pretty dirty or was that Singapore?
@@lucie442 better come and see it yourself, rather than made up wrong judgement and spread rumours.. SG a is developed country.. it's a small and expensive country, it's silly to compare it with any other SEA country..✌️.
As a Brazilian, I don't know how worth is Brazil, yes, there are a lot of great things there, but then you are assaulted and suddenly it doesn't make sense to stay there, no matter what. Sure, you can go to small cities but they still can be violent and the infrastructure is very poor
In The south of Brazil you have first world infraestrutura and european colonization.Just Google Gramado and Florianópolis and see by yourself.
Tal vez no nordeste, mas São Paulo (bairros melhores ) e Florianopolis bem seguro
Brazilians love to trash-talk Brazil. I have been visiting Sao Paulo region for 25 years, and from my limited perspective, Brazil is constantly making progress with infrastructure and the social condition of its people. Every year is like a snapshot. Brazilian admiration for the USA is unwarranted. The USA is crumbling under its own weight. I'm 45 years old and have had four incidents where I was robbed at gunpoint. Every place has its problems, I guess am just being realistic.
It highly depends on the city and region; I've met people that have lived in Rio's Barra de Tejuca neighborhood (simply called "Barra" by the locals) for over 20 years, and despite either containing or being flanked by at least three favelas (one of which I've visited personally!), they haven't had the issues you have described. It has to be admitted that I've just described one of the (perhaps atypically?) safer areas in Brazil, and said parties also openly admitted to me several times that they very rarely went out at night except during Carnaval, though.
I really enjoy to watch you, thank you for your work!
In Istanbul, prices have doubled in USD terms in the last year or two especially when it comes to buying and renting properties.
That’s what I’ve seen as well!
agree, rent increased in 3 or 4 times. I decided to leave Istanbul
Was an amazing deal for CBI investors. Today I think Mersin and other coastal areas are worth a look, very attractive valuations
Yes, in the last two years, the prices of everything have increased due to extremely high inflation both in the world and in Turkey and the immigration to Istanbul due to the Russia-Ukraine war. Labor costs also increased. While 2 years ago the salary of a minimum wage worker in Istanbul was 450 dollars gross, it is now over 700 dollars and will most likely exceed 800 dollars at the end of the year.
@@fs5775 - LOL, thanks for making me laugh.
Malaysia - English speaking, English law based, safe, political stability, modern, healthcare improving, beach resorts galore, excellent food, good value for money.
I'm from Malaysia, absolutely agree !
I just visited Bogota and absolutely fell in love with the city
.....amazing city.
Yes, as amazing as Bronx of New York!
😆😆
@@l.k.7940Is Bogota really that bad?
I'm considering Bulgaria, but perhaps close to the border of Romania for easy access. I am investigating Polish citizenship by descent, too, and Poland has some lovely properties on the cheap.
Bulgarians are thieves go straight to Romania instead
Does Poland have high taxes for residence. I’m considering polish citizenship by 50 Cent too but I’ll have to research more.
I meant to write by descent not $.50
@@enjoyslearningandtravel7957 It looks like the corporate tax rate in Poland is favorable (9% is what I saw), but personal tax rate can be either 17% or 32%....competitive with the USA, depending on your tax bracket. Bulgaria is a flat 5%, but they're not part of Shengen agreement wherein USA residents are exempt from double-taxation up to $90k (maybe higher now?) throughout Europe.
@@futurekron I'm also Slavic, but I suggest you take a peak at Serbia, Montenegro and Macedonia.
I just bought a place in Sicily , a small city on the water, absolutely gorgeous and well connected. I'm suprised this is never mentioned on this platform. . Cities like Palermo, are just as cool as something like Barcelona at a fraction of the price.
How are the taxes?
Mafia will watch everything you do; South Italy is like living ghettos of America
cheap! As a first time buyer from abroad there is an application i'm looking into to for zero tax on a primary residence. Otherwise im paying about $800 Eu on a 3 story building in a great location@@DeusExMachina50
Is it straightforward and cheap to buy in Sicily? Hadn't even thought of it.
Taxes depend. It is great if you live as retiree (South Italy) in your home. Buying a home and not live there bears heavy taxes. Also special deals in Italy for Rich, Freelancers or even Teachers are availlable.
This is an incredible informative! Thank you!
You're welcome!
After having spent 15 years living overseas and visited over 50 countries, my general rule is that if i need to brush my teeth with bottled water, I’ll visit but prefer not to live there. Honestly, it is hard to beat Portugal….safe, secure, nice weather, low cost, easy visa, etc….
I'm vacillating between SW Turkey, Cyprus and Montpelier. KL is a superb city. Its a hard choice.
What's the reason for turkey in the list? I thought very high inflation there now
@@osirusj275 if you are not local money, it's still not bad.
Texas is 30% cheaper than NYC. Why not use USA average for the base?
It’s a matter of when the rest of the country becomes just as unlivable as New York.
Nevada is also not too expensive and I love our zero state income tax!
Dfw is def more than 30% cheaper than nyc
To answer you question it’s because the baseline (100) for the index is nyc
Because you’re still paying a lot of federal tax on your business and income
@@benchoflemons398cost of living in Texas is extremely skewed because you will have to pay quite a bit if you want to live in an area without high rates of violent crime, pollution and actual good schools
This was so helpful, thank you! It's nice to see such a diverse list of countries where the US dollar goes much much further than here at home. I have lots of exploration and research to do now as I look forward to visiting more countries.
I still think Arequipa, Peru is very underrated. You mentioned Miraflores in Lima but having lived in both areas, the cost of living is easily less than half and much safer than anywhere in Lima. Also, southern Peru has much better weather as opposed to the overcast days in Lima. Either way, I agree Peru has the best food in Latin America hands down.
Brazilian food sends a hug
Peru?!.. that country it's one of the worst for natural disasters and crime rates in general. it's okay just to visit or spend a few weeks maybe.
@@l.k.7940 As for crime, Arequipa is much safer than parts of Lima and certainly safer than most US cities. You're right about natural disasters, the earthquake potential is up there with Chile and Japan. Also, being surrounded by stratovolcanoes, it certainly can be uncomfortable for some, I would say their beauty makes up for that though.
@@andresoares2110 Brazil is on my list to go next!
@@rpmrevolution Many of Brazil is safe, especially if you come to the south, like Florianopolis. Even states near Rio can be safe and also costal, like Espirito Santo's capital Vitoria and Paraiba's Joao Pessoa.
I have been in bogota for 15 days.
Gonna be in Cali for 7 day while I work remotely.
The food in bogota is even better then chicago ...in my opinion
You are awesome Andrew. Thank you for what you do
Thanks! We appreciate that!
This was the BEST "Cost of Living" video you ever put out. These directional for the "Common Man" retiring with $1-3MM makes sense to the YT audience.
So... Nomad Capitalist is a FAKE? @@fs5775
I've been travelling around South East Asia for the past 2 years. I've visited around 25 countries in my lifetime.
Malaysia is the most underrated country I've been to.
I love it here. The dollar goes a long way 😎
Interested!
Be warned, North Korea's Kim Jong Un had his brother assassinated in Malaysia!
I really loved Penang when I visited Malaysia
@@Sodainspace 😎. I'm in Penang right now.
Is Penang more livable than Malacca?
For small town "leave me alone" kinda place I would pick Ohrid in N. Macedonia or across the lake in Pogradec Albania. USA citizens can stay on a tourist visa in Albania for 1 year. Albania, (excepting the expensive beach areas) runs about 30% the cost of NYC or London.
For SEA, Indonesia is the best overall. However, Penang Island is hands down the best place to be in Malaysia. Penang airport is international with excellent regional connections. Cannot recommend it enough. The people are the nicest there too compared to the rest of the country. It is literal heaven. It is also connected to the main land through a bridge so in a few hours you can be in KL by car.
Ugh, another Islamic country. I’m a woman. No way!!
@@mnob1122
Malaysia = Muslim country where the capital city quality is on par with 1st world, and full of Indians, Chinese, and White people
Turkey = Islamic majority, still feels 'European' rather than Middle East
Indonesia = Muslim majority but its NOT a Muslim country. Period. If you hate Muslims that much, Bali is an option. The island is Hindu majority with lots of white people, but any big Indonesian cities are not that religious
These countries are NOT even close to Middle East. I live in Indonesia in an area full of Christians and Buddhists. Seriously what are you planning to do that you are so worried about?
@@darkmatter3112 Not from what I’m reading. They aren’t “free” countries. Enjoy your life there. As a single woman, pushing 70, I won’t go near the countries you’ve listed.
@@mnob1122 Sure you dont have to visit. But define "free", what exactly are you trying to do
I mean of course I wouldnt know. I've been in multiple several countries as well as Western and Eastern European countries but not North America, the so called land of freedom or whatever
@@darkmatter3112 My subjective perception of freedom are what exists in Western European countries. If I’d been born in one of the Scandinavian countries, for example, I wouldn’t want to leave. Many countries are awful if you’re female. To each is own.
Outstanding!!
Great info. I trust this gentleman.
We appreciate that!
Turkey & Malaysia ❤
I'm currently in KL, Malaysia, automatic 3 month visa makes it easy to get a feel for the place. Unfortunately due to the high cost of the MM2H I'll have to look at alternatives. Heading to Bangkok, in just over 1 month!.....
There’s no any alternative than MM2H?
Instantly saved fantastic content thank you
Glad to hear it!
Nice list.
im brazilian and i totally agree with peruvian food being the best down in SA. Its so complex and sofisticated if compared to other locations, such as where i live which our cooking culture is basically barbecue. Also check out for Curitiba, Florianópolis, Campinas, São José dos Campos, Ribeirão Preto etc for some good quality of life and progress. Bear in mind that the more down in the south, the cooler the weather tends to be. Be careful that some states have really predatory tax system and burocracy - you should avoid those.
Hahaha so much bbq, the churrasco
Very interesting. Even though I'm partial to the Caribbean due to the warm tropical weather, I'm interested in Melaysia and would like to inquire about the best (cheapest / and most business friendly) countries towards entrepreneurs who're looking to establish a startup ecommerce technology company?
Hi, here is the video about the Best Cities for Young Entrepreneurs, it might be helpful for you: th-cam.com/video/aoN2e0n_egA/w-d-xo.html
Moving to Buenos Aires in 14 months. Cannot wait!
Thanks Andrew!!
I agree
I am from Karachi, Pakistan. I moved to the US a few years ago, and I can 100% tell you that Karachi is NOT the cheapest city in the world. It operates and actually fluctuates its everyday prices based on how the USD is moving in terms of value.
E.G - if $1 gets you 1 liter of gas, in Pakistan that 1 liter of gas would cost you the exchange rate price of a $1 and would not be due to the local price but rather reflective of the USD pricing. This is only one of many examples. I have lived in both countries for almost a decade each, this is inaccurate.
Another brilliant video, thanks 🙏
Thanks!
Timisoara is incredible in the summer I had the nicest weekend just relaxing in the town I’d highly recommend a visit
What about Oradea?
Very hot. Far away from sea.
Good video. It's important to note that all thewe places are only affordable if you buy locally made products/ services. If you buy western brands you will pay western costs. For example, while rent in Karachi is 17% of New York, an Iphone in Karachi will cost the same as an Iphone in New York (not taking into account the differences in sales tax.)
Okay, but you're not buying iPhones on a monthly basis lol. Rent is always your #1 expense. That's what matters the most. Food comes second and although you can choose Western options depending on where you're located most people prefer the local cuisine which is also much cheaper.
Would not recommend Karachi to anyone, and this is coming from someone who grew up in Karachi. Visited Karachi last year for the first time in 10 years and could not believe the filth there.
@@muayboran4life Non muslims used to clean the filth but most of them must have been forced to convert to "superior" muslims. so no kafirs left to clean their filth. so all muslims live in filth in pukistan
except everything is made in china nowadays.
Bravo, to a Top Tier channel that pushes, out thought provoking content. This is what I look forward to hearing and seeing every time.
For indonesia, Tourists or digital nomads usually live in Bali and Lombok. More and more People from Europe build villas and hotels in Lombok. Especialy in the South of Lombok.
The problem with Indonesia is you cannot own the land, also the rule of law there has a lot to be desired. If you have a run in with a person with connections you can easily find yourself dealing with all sorts nasty stuff.
Great video. I have visited Buenos Aires and Argentine cities further south and really enjoyed myself! Plus, the USD goes a LOT farther now more than ever vs the peso.
Can't agree with that. I can afford everything I want and need in Mexico City, but last year in Buenos, I could only afford living at the bus station (the Omnibus down near Retiro) and eating the food just outside it, cheap burgers and pastrami on bread. Nothing else was available or affordable. So much for the dollar buying anything down there.
Wait...320+ pesos per dollar and you are living where? Why? Now that many ordinary Argentines (we in the US might call them "middle class") are getting fed up with the worst of the socialist BS, the economy is likely going to get back on the right track, with a still excellent exchange rate. I am looking at - legally - buying properties that most of my Argentine friends can only hope to rent! The only other place I am really interested in is Georgia, perhaps acquiring property in Tbilisi. However, the Nomad Capitalist videos are piquing my interest in Montenegro and Macedonia!
I have the impression that wealth taxes are high in Argentina, right?
Turkey. I walked alone, for hours, in Istanbul, and not one person bothered me. Try that in nasty Houston, TX. I'd like to be in Cappadocia right now, sipping coffee. Dog and cat friendly too.
Fortaleza, Brazil - Already invested there from two years ago :)
Petaling jaya! If you work in Kuala Lumpur, live in Petaling jaya. I regret moving out of Petaling jaya. Finding a way to go back.
I can vouch for Andrew's take on Columbia having spent time there back a few years. A bus ride was 5 cents U.S. Sodas were 5 cents U.S. very scenic and as he pointed out, you can literally choose your climate by choosing your city.
Did you mean Colombia or Cambodia?
Due to the evils, Colombia's prices like ALL countries now have sky rocketed.
Hamilton… very expensive especially for visitors who don’t get the, locals only, prices.
Excellent and Outstanding!!!
Good research
Thanks!
Turkey,Vietnam,Thailand,Malaysia,Indonesia even China the u.s dollar is going up against them a lot right now which means we are going to get the best benefit off of the dollar im talking about a 30 year increase all time high 😅bad news for people in America though good news for those who are going abroad and are already abroad
Chiang Mai, Thailand is a neat looking place. One downside is the burning season a few months each year (January thru April). I think Phuket is out of the path of the air current that carries the smoke south, otherwise leave the country for a few months until the smoke clears.
DIDN'T LIKE IT.
Phuket is like Thai Hawaii. Overrun with tourists, scams and very expensive for Thailand. Might as well call it Moscow with all the Russians.
where have you gotten this list or ranking from? give me a link to it
Bogota, Buenos Aires, Romania and Serbia for me
Turkey felt safer to me than cololmbia
Your feelings are quite accurate
Yes, it's about 20 times safer lol
Turkey is safer than almost every western city I've ever been to. I am an Australian, who lives in Canada and Turkey, and I feel much safer walking around at night in Turkey than I ever did in Perth, Melbourne, Vancouver etc. Numbeo crime statistics also confirm this.
I had to laugh ...
NYC cost of living index 100
8 hours east of there, same state, in Western NY cost of living index 30 .
Rolling hills, mid 70's temps, clean water, very low crime, friendly people , plenty of house for less than 80k,.
Just have to endure 3 months of cold winter. Or head south for 3 months.
WOW-----FABULOUS VIDEO--THANK YOU
Thank you!
Magandag Umaga Po! I stay long term at Philippines and Mexico. Very little time at the Good Old USA.
Saludos Compa
Totally agree. I live in Buenos Aires, and have properties in Istanbul and Cairo. I feel as if I live like a king.
How did you get properties there while living in BA? Would love to know!! Don’t you need a visa? And how did you find them? Will you move to any of these from BA soon?
@@lucie442 I move around and look for opportunities. Mobility, interest and willingness are the key.
And MONEY !!!!!
My wife and I bought in Turkey in the Southern part of …we are thinking to move out, laws change just about everyday, right now they are not renewing residence, imagine you bought a house but can’t live in it, things that are cheap is food, grocery shopping, internet, phone plans but buying a car, electronics, appliances, gas pricing are pretty much double the cost compared to the U.S. ..other issues to deal with there is language and racism.
accurate information
Awesome insights! Anybody else hunting for the best places to live on a budget?
Thanks for making content for us common folks.
He's got a lot of colombian friends...
I would pick Buenas Aires but to rent there not to buy any real estate. Or Cartegena or Buchramanga or Medilin or Bogota Columbia but also to rent first until I find which one I like the most.
I agree with last senteces, you don't need to go somewhere, but try different places, see what your soul needs, money will come afterwards.
Malaysia is drastically increasing its financial requirements under the MM2H program. Thailand is talking about taxing all foreign income, including pensions. Both of these, for me, are now off the list. For now, Mexico and the Philippines are the best candidates.
So if you are an expat in Philippines, whether you get employed by an oversea employer there or local employer, would u still get paid in expat dollars like if you are from USA do they pay you in usd even if it's a local Philippines company?
Lima, Peru, 37 cents on the dollar? Not sure where youre getting those numbers but I live here in Lima (on the not-so-nice side)... a 7 litre bottle of water can cost 8 soles or more. In Walmart (in the states) a gallon (4.5 litres) can cost as low as $1.38. At current conversion rates 3.70 soles per 1 dollar that works out to be about the SAME price per litre. Yes some things are much cheaper but other things (especially big ticket items) are more expensive. Aside from that, Love your channel. Thank you!
Yes I heard Lima is actually surprisingly expensive
I watch you and appreciate you. HOWEVER this is the first video where you or most other vlogs actually offered areal advice. I realize this is a for you and the idea use this as a tool to secure new business BUT what i was waiting for was this. Will you offer advice to the thousands who are also afraid and have no idea where to turn as our disintegrates. This one will actually help people
Could you recommend a capital city with a small town or village vibe? Like, best of both worlds? Say you could ride your bicycle to a well-connected international airport that's just a stone's throw from your place?
I’m currently in Tangier and very cheap here too. Can you please analyze in more depth Moroccan cities and other African nations
On our R&D channel, we already have a video like that. You can see it here: th-cam.com/video/KQ6L4xmCMR0/w-d-xo.html
Thank you for this comment. My eyes widened when he outright dismissed an entire continent. I thought he might return to Africa by the end and he didn't. That's not bizarre at all.
Love Malaysia!!!
Malaysia love you too
residency?
Malaysia is where Kim Jong Un had his brother assassinated!
Interesting!
What do you think about Pereira in Colombia? I haven’t seen any mentions about this city within your videos
Great video, as always! However, I disagree about the brazilian cities. Yes, Belo Horizonte is decent and relatively cheap, people are nice, but there are many other cities worth checking out imo, it was one of the most boring cities I've been to. Fortaleza is extremely dangerous, even though it's one of the main cities in the northeast. If you like warm weather and wanna live in the northeast of Brazil, I'd probably recommend João Pessoa instead, much safer and the people are very kind.
There are great cities down the South worth checking out, including Florianópolis (relatively expensive for brazilian standards), other coastal cities in Santa Catarina state like Balneário Camboriu, more inland you'd find Joinville, Jaraguá do Sul, Criciúma and many other decent cities to live, but I guess those cities would be boring for expats. Can't recommend Curitiba enough, even though it got considerably more expensive in the last few years, and also other cities in the Paraná state like Maringá. The "serra gaúcha" region in Rio Grande do Sul state is pretty good too, including Gramado (though it's a touristy area), Caxias do Sul, Bento Gonçalves and other chill cities with great weather year around.
I hosted a foreign student from Curitiba for a summer. He said the best benefit there is perfect weather 365 days a year, no need for AC or heating. I guess think of it as the San Diego of Brazil.
Thank you very much for your advices!
Thank you for the Fortaleza heads up. Thought of traveling there for a vacay but I'll check out your suggestions!
BH is weak, don’t care for it at all. Small cities outside of Rio, Espírito Santo, Paraná and Santa Catarina are great.
Fortaleza being extremely dangerous lol
Gringos go to Rio and people say that Fortaleza is extremely dangerous is a joke, it's as dangerous as any other big city in south America
Awesome list. Only concern is what the dollar will be worth in the future. Of course I'm sure Andrew's team helps you diversify your currency as well
Expect the USA dollar to lose 30%-40% of its value in coming 7-10 yrs.
I have always been fascinated with Vietnam
If you haven't already, you should look into Bonifacio Global City, within Metro Manila and certainly a first-world lifestyle for a fraction of the price. It's not dirt cheap like much of the Philippines, but it's much cheaper than NYC for sure!
KL/Penang currently living Gold Coast Australia
KL is where Kim Jong Un had his brother killed!