There’s also a new digital nomad visa soon to start in Romania. Cities like Cluj and Oradea are great. Cheap, clean, beautiful landscape and architecture.
Interesting! I didnt know about the Bulgarian programme. We are contemplating the Hungarian residential real estate scheme next year. Thanks you! Definitely on my radar now.
initally the 512k x 2 option for Bulgaria looks better since you can get your money back... if you can wait 2 yrs and dont mind applying for a US visa everytime you need to travel to the US, then go for Bulgaria.... however if you and your family cannot wait 2 yrs, the 1 yr Malta program is a better option
The citizenship by investment in Bulgaria may not be available in the nearest future. Most of the fews that used this option actually tried to cheat by moving their money out faster than expected. The program was designed for investors from the western world but now it is considered as a fail. From what I know 121 were able to participate. The people are nice, the taxes are low, the nature is beautiful but it is good to have some savings before you go! Once you get there you'll love it.
Well Australia has become such an Orwellian 1984 dictatorship now that there's no reason to go there and you're crazy if you do. Unless you have family you want to visit.
Totally agree with your thought. They celebrated a "lockdown's easing day"! What the f..ck?? Slaves!? fascists government must be replaced immediately after canceling restrictions!
@liba tal klieb I saw video from Aus, people were just walking dogs on a beach, and helicopter flown to scare them to push out from a beach because of "carantine". Is that true? Is that okay?
@liba tal klieb if australia is so great then why were there 50,000 protesting in melbourne today? Because dan andrews is going to put in a new bill that will give him ultimate power and able to have lockdowns and state of emergencys when ever he wants. This is not a free country. A few weeks ago in a smaller city called perth, 15,000 people protested because the state premier says if you are not jabbed by december 31 you lose your job, cant go to hospital unless life or death, cant go to restaraunts. They are building "quarantine centres" all over australia to jail the unvaccinated
What about Malta grey listing by Fatf, bank derisking, FDI confidence in sharp decline and US tax issues? Malta is a great place for many reason but business wise it is heading in the wrong direction.
What people don’t consider is that Bulgaria has the lowest taxes in the EU. Taxes in Malta are much higher. And once you made the investment you get residency which can save you a lot of money if you come from a high tax country 😀
I don't understand making large donation and lose that money entirely when I can make a real estate investment for the same amount and own that property. Later I can sell that property and perhaps make a few bucks.
They very suspicious of anything with Crypto. They freeze accounts for transactions of €500 and that's for fiat! So anyone dealing in Crypto raises suspicion on money laundering. Be warned " Blockchain Island " it is not. Get your passport and go elsewhere! Just dust and construction not pleasant. However without doubt still one the best way to get a EU passport! Plus as Andrew says English is an advantage. Get it soon because they under pressure by EU to end program.
Really depends from person to person. Some people like it, some people don't. The number of expats in Bulgaria increased in the last years, so I guess Bulgaria is moving slowly but steady in the right direction.
Investment sums, fast tracks, slow tracks, … don’t care - the only thing that matters today is how covid-paranoid a country is. I would not want to spend a single hour in a police state like Australia - even if their passport would guarantee me free beer everywhere around the world! I would rather pay 80% income tax somewhere to live a life without masks, social distancing, curfews, lockdowns, and injections of experimental drugs (called vaccines), than living somewhere with 0% income tax where these things are mandated.
There are some restrictions, but nothing spectacular. Mask are mandatory inside indoor facilities - shops, malls, etc. No masks are required to walk in the streets or other open area. There are no restrictions to movement or curfew. Restaurants and bars should work with only 50% capacity and need to close until 23:00. Vaccines are still not mandatory and the new PM publicly declared that there will be no compulsory vaccinations. You need to have in mind that Bulgaria is at the bottom on the vaccination list in EU with 30%. It's not that there is no vaccines, people just don't want to get one. This make the government very restricted in applying restrictions. Certificates are required for visiting shopping mall, opera, theater, disco clubs or bars. You can get one if you have vaccination, test for antibodies (valid for 6 months) or negative PCR test (valid for 72 hours). No restrictions for grocery stores, banks, transport, post or administration offices. If your plan is to travel to other European countries obviously you will need EU Digital COVID Certificate. It's best to check each country requirements before you travel.
Hmmm Bulgaria forget it Andrew. Just sounds dreadful. Malta sounds much better but I wouldn't want to live there. Maybe a few weeks per year. I. Like the caribbean options a. Little better. $600000 is a steep fee. I don't think too many gringos have that kind of money just laying around. More options please
Who’s going to attack Bulgaria? (BTW, Malta is closer to Africa than to Europe and VERY close to Libya, one of the most dangerous areas in the entire region, if not the world.)
@@vandergruff Bulgaria s the crossroad between Turkey, Russia and the west. History shows that every time there's tension between 2 of those 3 the region becomes highly unstable. Turkey has been preaching reintegration of the Muslim community in southern Bulgaria for decades for example. And we have no military whatsoever....
most people don't spend over 500k for the privilege of living in bulgaria with all the due respect, but they do for the papers, so they can live elsewhere in europe.
@@emanuelriquelmemontoya3819 We are also onboard with the lockdowns, or our government is to be precise. I would advise anyone who values his freedom to stay away from the EU.
Well, I'm afraid we'll gonna see more and more of these "loopholes" in the near future and even with more "Discounts and Promos". It's all about a VERY BIG $€£¥. Not only companies but politicians also very interested in having more and more cash $$$.... "nothing personal- it's just business" 😉
Those are not “loopholes” and investor visas/economic immigration has nothing to do with tax evasion. If anything, ALL your finances have to be pretty transparent.
@@vandergruff that's the way how many others think... unfortunately, the last 30 years, many governments around the world (using media propaganda techniques/misinformation..etc) did a lot to make economic immigration, offshore and tax evasion sound like synonyms.
Malta is a great place to live. Been here 6 years and love it.
From where did you move?
@@LiveLifeLivTrucking Ireland -> Manhattan -> Malta
are they mandating vaccines?
@@MarkZoloShow Nice!
@@talent103 Great question. I was checking the Malta website and could not find the answer to that question.
There’s also a new digital nomad visa soon to start in Romania. Cities like Cluj and Oradea are great. Cheap, clean, beautiful landscape and architecture.
Really when it will start ?
Is Romania limiting living to just the jabbed? Despite most people not getting it??
@@mattball7074 i heard that you can't enter Romania unless youve already had your third booster shot
@@sheiladikshit5110 on arrival yep. But what about services? Living? Are people limited? Like Lithuania aka Lith-u-Mania
@@sheiladikshit5110 in romania right?
Interesting! I didnt know about the Bulgarian programme. We are contemplating the Hungarian residential real estate scheme next year. Thanks you! Definitely on my radar now.
We'd be happy to help you evaluate all the options. www.nomadcapitalist.com/apply/
initally the 512k x 2 option for Bulgaria looks better since you can get your money back... if you can wait 2 yrs and dont mind applying for a US visa everytime you need to travel to the US, then go for Bulgaria.... however if you and your family cannot wait 2 yrs, the 1 yr Malta program is a better option
The citizenship by investment in Bulgaria may not be available in the nearest future. Most of the fews that used this option actually tried to cheat by moving their money out faster than expected. The program was designed for investors from the western world but now it is considered as a fail. From what I know 121 were able to participate. The people are nice, the taxes are low, the nature is beautiful but it is good to have some savings before you go! Once you get there you'll love it.
Bulgaria seems like a good option.
It actually is, better nature and amazing villages.
@@TheHonestFoodTeller love villages, can't stand city life ..
Bulgaria is to join the Schengen area in 2022 or 2023
2024! I'm Bulgarian.
I heard in May 2023 ? Is that true ?
Well Australia has become such an Orwellian 1984 dictatorship now that there's no reason to go there and you're crazy if you do. Unless you have family you want to visit.
Totally agree with your thought. They celebrated a "lockdown's easing day"! What the f..ck?? Slaves!? fascists government must be replaced immediately after canceling restrictions!
It's way worse than 1984!
@liba tal klieb I saw video from Aus, people were just walking dogs on a beach, and helicopter flown to scare them to push out from a beach because of "carantine". Is that true? Is that okay?
@liba tal klieb were you born in Australia?
@liba tal klieb if australia is so great then why were there 50,000 protesting in melbourne today? Because dan andrews is going to put in a new bill that will give him ultimate power and able to have lockdowns and state of emergencys when ever he wants. This is not a free country. A few weeks ago in a smaller city called perth, 15,000 people protested because the state premier says if you are not jabbed by december 31 you lose your job, cant go to hospital unless life or death, cant go to restaraunts. They are building "quarantine centres" all over australia to jail the unvaccinated
What about Malta grey listing by Fatf, bank derisking, FDI confidence in sharp decline and US tax issues? Malta is a great place for many reason but business wise it is heading in the wrong direction.
No longer the case.
Don't forget that Bulgaria residence permit can get you a free visa access to Romania, Croatia and Cyprus.
Seriously ?
What people don’t consider is that Bulgaria has the lowest taxes in the EU. Taxes in Malta are much higher.
And once you made the investment you get residency which can save you a lot of money if you come from a high tax country 😀
Bulgaria because ive been to malta,.
I don't understand making large donation and lose that money entirely when I can make a real estate investment for the same amount and own that property. Later I can sell that property and perhaps make a few bucks.
The point was you get your money back after 5 years and a BG and by extension EU citizenship
@nomadcapitalist.....can you still do the malta program if you haven't been vaccinated?
Cannot land without the jab, so it says on the government website.
Figured as much...thanks for the reply
Good question
There are loopholes. You might be able to fly private or take a yacht.
Interested price please
Days you need to stay in Malta is not clear ?!
0
Two countries I'm very anxious to visit!
How is Bitcoin tax in Malta?
Good question ..... not taxable yet
No crypto taxes in malta
They very suspicious of anything with Crypto. They freeze accounts for transactions of €500 and that's for fiat! So anyone dealing in Crypto raises suspicion on money laundering.
Be warned " Blockchain Island " it is not.
Get your passport and go elsewhere! Just dust and construction not pleasant. However without doubt still one the best way to get a EU passport! Plus as Andrew says English is an advantage. Get it soon because they under pressure by EU to end program.
i think malta is best option i was intrested in malta next month i can do
Is Bulgaria a good expat country?
Bulgaria is good for the reach tourists - no more than 2-3 months.
Really depends from person to person. Some people like it, some people don't. The number of expats in Bulgaria increased in the last years, so I guess Bulgaria is moving slowly but steady in the right direction.
Malta is better… and nice to visit
Please more info on Ukraine!
ukrainians are escaping to Poland !
Portugal and Cyprus already have schemes
Cyprus closed it cbi and portugal is a residency by investment and require you learn Portuguese to naturalize
Investment sums, fast tracks, slow tracks, … don’t care - the only thing that matters today is how covid-paranoid a country is. I would not want to spend a single hour in a police state like Australia - even if their passport would guarantee me free beer everywhere around the world! I would rather pay 80% income tax somewhere to live a life without masks, social distancing, curfews, lockdowns, and injections of experimental drugs (called vaccines), than living somewhere with 0% income tax where these things are mandated.
With such a "list of requirements" I'm afraid you'll gonna have to consider living on Mars very soon 😉
There are some restrictions, but nothing spectacular. Mask are mandatory inside indoor facilities - shops, malls, etc. No masks are required to walk in the streets or other open area. There are no restrictions to movement or curfew. Restaurants and bars should work with only 50% capacity and need to close until 23:00. Vaccines are still not mandatory and the new PM publicly declared that there will be no compulsory vaccinations. You need to have in mind that Bulgaria is at the bottom on the vaccination list in EU with 30%. It's not that there is no vaccines, people just don't want to get one. This make the government very restricted in applying restrictions. Certificates are required for visiting shopping mall, opera, theater, disco clubs or bars. You can get one if you have vaccination, test for antibodies (valid for 6 months) or negative PCR test (valid for 72 hours). No restrictions for grocery stores, banks, transport, post or administration offices. If your plan is to travel to other European countries obviously you will need EU Digital COVID Certificate. It's best to check each country requirements before you travel.
Hmmm Bulgaria forget it Andrew. Just sounds dreadful. Malta sounds much better but I wouldn't want to live there. Maybe a few weeks per year. I. Like the caribbean options a. Little better. $600000 is a steep fee. I don't think too many gringos have that kind of money just laying around. More options please
His clients have that kind of money laying around. He states that fact in all his intro.
He said 600,000 EUROS, not USD. So closer to $700k at todays exchange rate.
Have you been to either of those places? Both countries are very nice. It’s Europe.
Bulgaria looks like a nice option. People who are against it probably know nothing about it.
Agreed. I know its for 7 and 8 figure fellas but his audience likely is not close to that (let alone having it off to the side)
The biggest jerks in the EU are Germany, France, Spain and the EU Politicians and Commissioners in Brussels. These people really piss me off.
Bulgaria is in a bad geopolitical position. If shit goes down I don't see this region remaining peaceful.
You mean the Balkans? Who would be the threat? Russia? Turkey? Serbia?
Who’s going to attack Bulgaria?
(BTW, Malta is closer to Africa than to Europe and VERY close to Libya, one of the most dangerous areas in the entire region, if not the world.)
@@vandergruff Bulgaria s the crossroad between Turkey, Russia and the west. History shows that every time there's tension between 2 of those 3 the region becomes highly unstable.
Turkey has been preaching reintegration of the Muslim community in southern Bulgaria for decades for example. And we have no military whatsoever....
most people don't spend over 500k for the privilege of living in bulgaria with all the due respect, but they do for the papers, so they can live elsewhere in europe.
@@emanuelriquelmemontoya3819 We are also onboard with the lockdowns, or our government is to be precise.
I would advise anyone who values his freedom to stay away from the EU.
I will be very excited when all these loopholes get closed and all these bastard companies and rich people can get taxed properly.
Well, I'm afraid we'll gonna see more and more of these "loopholes" in the near future and even with more "Discounts and Promos". It's all about a VERY BIG $€£¥. Not only companies but politicians also very interested in having more and more cash $$$.... "nothing personal- it's just business" 😉
probably that's not gonna happen in south east asia, the balkans and the middle east :D
Those are not “loopholes” and investor visas/economic immigration has nothing to do with tax evasion. If anything, ALL your finances have to be pretty transparent.
@@vandergruff that's the way how many others think... unfortunately, the last 30 years, many governments around the world (using media propaganda techniques/misinformation..etc) did a lot to make economic immigration, offshore and tax evasion sound like synonyms.
The real tax havens are in the Caribbean, Central America, and the Gulf countries, and for some people places like Luxembourg.