OMG!!! You guys NEVER disappoint! I also follow the Nomad Capitalist and have often wondered what the event might be like. Thank you so much for covering this so methodically! As you always do, excellent job! Thank you, love you guys‼️🫶🏿👏🏿👍🏾😃
I've noticed a couple of the TH-camrs I watch ended up attending that conference this year. None have stated explicitly that they were (or were not) comp'd or provided discount admission to the event. I presume you, and the others, were provided with some form of accommodation or compensation for attendance. That information is relevant and should be disclosed to your viewers.
Different creators have different deals with NC. We did a video exchange with NCL and have a disclosure on the piece related to our contract. We weren’t financially compensated at all for this video and actually had to ask them if we could use footage from the beginning of the event. We wanted to make this piece of content because we had a decent amount of our viewers ask us about the conference. - Josh & Kalie
Thanks K&J for your excellent summary. 👍🏻 I don’t believe I’d ever be a Nomad Capitalist client (already have 2 passports + don’t meet Andrew’s income threshold), nonetheless I occasionally watch Andrew’s videos as I find them interesting-so I was (naturally) very interested in your summary. While it makes sense that many attendees were local (meaning Malaysian), it would make sense (to me anyway) to have this conference in different locations each year. Noticed you shared a table with Amelia & JP-together with you both, the finest TH-camrs that exist.
Hey Maurice! Thank you 🙏 You know, there weren’t a ton of Malaysian that we met there. A fair amount of Asians though and a few Aussies. People were really from all over. Thanks for the love for us and Amelia & JP. - Josh & Kalie
I would have loved to have gone to this conference now that I know there was a "cool kids" table! Lol lol It would have been so much fun to sit at your table along with JP and Amelia! I would learned so much from your 2 groups! Good concise video of the pros and cons of the conference!
He says a few interesting things about taxation (which in many "western" countries have become too high and persecutory, for example France and US charge their citizens even if they live abroad), but the "nomad capitalist" alignes himself with very shady characters and promote nasty countries like dubai (dubai has slave labour and human trafficking...) and he promotes that place as if it was paradise on earth. Places like dubai also have very untrustworthy laws where you can be thrown in jail for snizing on the wrong place. I like low taxes, but I to be in countries where I am safe from being thrown in jail for no reasons, so... No thanks.
Thanks for this great info for those of us who are curious as what an event of his might be like. I really enjoyed the categories you chose by which to evaluate the event . Like or dislike, I think it important to know what's going on in one's industry and/or just to know what's going on in the world if you're an expat or considering being one!
Thank you for sharing your experience at the Nomad Capitalist Live in KL. Hope that you guys have had a great time at the conference and a pleasant stay in KL, Malaysia.
Glad you enjoyed it! We genuinely had a good time. If it wasn’t for trying to balance time with Cia and my family (Josh), we would have hit up all the sessions. - Josh & Kalie
Kalie believe it or not but Estonia just passed the law allowing to deal with the divorce documentation online but it is not 100% online the last 5% of the process is done in person. And as an Estonian expat living in Berlin it feels like I entered a time machine and was transported to what is current Germany, where digitalisation is just a buzzword and where paper and Fax still used daily 🤣
Toomas spoke about that. Not saying it was 100% online, but that there was still a part that HAD to be done in person, which is what I was commenting on. I found it funny. - Kalie
Hi, I always enjoy your videos. But you never mentioned the cost of the event. You said you would go again and you said why people should go, but not the cost. Was that part of the NDA?
Hi Brad, sorry about that. We figured that people would look into the pricing options that make the most sense to them. If you're traveling as a couple it's a different price than if it's a single ticket and depending on the potential upgrades and VIP things you can do. We got our own hotel room, which was about a 20 minute Grab ride from the conference hotel. There were people we met that didn't stay at the conference hotel but they stayed at a nearby hotel within walking distance or a 5 minute drive. Not staying at the hotel and having our daughter with us meant that we couldn't/didn't want to participate in everything. Price wise, it's several thousand to 10s of thousands depending on a host of variables, but again, you'll have to see what 2025's pricing is like. I imagine that it'll change. - Josh & Kalie
@ Hello J&K, Thank you for replying, it’s really nice of you to take the time. Honestly this conference is really not for me. I’m not a Nomad and I’m not a Capitalist. I have no money and never had the Entrepreneur spirit. If anything I’m more community based. The opportunities I see now in Portugal, and I do see some, would hopefully benefit everyone. I live in Vila Verde, Braga district, a town of about 50k. A funny population, about 65% of the folks are over 50 and 30% are under 21. There is a trade school here, lots of young people. What the town could really use is a Cinema. An idea I might float if I make real local connections. I have been here since Feb. so just getting my feet wet. I have not attended any expat get togethers, not my thing, preferring to mingle with the locals. I did live in Zurich for a total of 10 years in the late 90’s early 2000’s. So I am not without a European point of view. Don’t really want to bore you with my whole life story. But you’ve been very generous with your responses. Wanted share some of me.
@@bradhansen2065 You're welcome. Thank you for your openness and your detailed response and sharing a bit about you. The comment section is generally one of the best and sometimes only ways for us to learn more about your viewers. We appreciate the open dialogue. We interviewed a couple that bought a little home in Vila Verde. They love the local feel of it. That's a really interesting demographic breakdown. So there aren't really (m)any young families, huh? Parents in their 30s and 40s with young kids? Regarding the conference, we genuinely looked at it as a business expense to get there and attend the conference. It's in our niche and important to know what industry leaders are talking about. We certainly felt like it's best for high net worth individuals and international entrepreneurs because of the topics and how the information can benefit the attendee. The ROI for those people are much better than the baseline retiree. Thanks again for the message. - Josh
@@ExpatsEverywhere Hi Josh, It’s true, the demographic, There is a very nice park in the middle of downtown with a children’s play area. On any given day you might find 2 or 3 woman with their children there. Doesn’t get much more crowed that that. Cheers.
Tax is something objective and based on numbers, it should not be subjected to interpretations. It is pretty straightforward process that can be easily fully automated. Just wondering how come for example NHR is full of interpretations? is it maybe made complicated on purpose, so that tax lawyers and consultants can eat fees? I really hope that AI and automation will entirely takeover the full tax declaration process.
@christobar in Portugal it is much more than elsewhere. Not even tax office know how to declare certain incomes under NHR. The only way to get things done in PT is to involve Ombudsman and report tax authority (and tax lawyers) to EU commission.
As an anti-capitalist who believes in social and economic justice and equity, I'd say no effing way. The way Mr. "It's bad for nations to provide health care for their citizens" used to get dressed in the morning on camera, though, was amusing.
This is a timeshare talk with the goal being the sale of services, done by appealing to upper middle class,first gen stable income, but without the understanding of leveraging privilege to access services in one's own.
Thanks. Very much enjoy your Portugal content. It's one thing to find non-grifting ways to reach a level of economic security and to find a sane and stable culture in which to live and be a constructive part of, it's quite another to continually look for ways to expand your wealth beyond what is reasonable, especially if one already has enough to live a high standard for multiple lifetimes. We have a finite time here, on a finite planet, and it's a shame to waste it on pursuing excess.
I just found your channel today and I really like when you describe the different towns. I am considering moving to Portugal. Do you have videos from the Algarve region? I am looking for beach and wormer area. Thanks for your videos and I hope that you can help
Hi Marco, thanks. 🙏 We do have several videos from Algarve. You just need to search the channel for what you’re looking for. Tavira, Lagos, Olhão, Loulé and interviews with people that live in Algarve.
@@jackbaldwin3649 that's totally fair. We know that he's Marmite for people and we're okay with that as well. Some people don't like us and that's okay too. Thanks for your feedback. - Josh
But... he hires the finest tailors and opposes national health care, bc, funds spent on health care means less $$ for the rich to suck up. What possible problem could you have with him???
Thanks for the report; I was curious about how you found yourselves there and what it was like. I’m afraid that it’s just not my scene, beginning with the name Nomad Capitalist, which implies (and it seems to be its primary draw) treating the entire globe as simply a real estate investment proposition for those interested and able to participate in. I’m not at all surprised about the talk of Venezuela and Cambodia (a collapsing petrostate wracked by political instability, economic crisis, and increasing crime that’s forcing waves of fleeing refugees and a former war zone with a very low cost of living relative to developed western nations and thus much economic development promise)-buy low sell high.
I commented before on one of your previous videos endorsing this conference. Not into that guy and definitely not into the politics of Farage. I guess you are. Sad.
Everyone has the right to lean right, left, or even Ron Swanson… good ideas come from different sides and people and nations DO change their positions over their lifespan. The most important thing is compassionately listening, learning and participating in politics.
Digitalising a Nation is NOT something to laud. Portugal has it correct. Estonia being fully digital means ZERO privacy or freedom. Another reason NOT to invest in Estonia.
@@ExpatsEverywhere Finland also has a digital ID, but their opsec is bad so there are a lot of scams and problems. And, you need a bank account to get access to this ID where they even ask you about your political engagement. Estonia was able to do some impressive things though like the Estonian biobank, which as far as I understood it was only possible with their digitalization, but that also means the government has tons of data on each person.
This isn't leaving us room for other categorizations of people. It seemed like the bulk of people had dipped their toe already into living abroad but understood there was enough nuance that they wanted or needed more information to know what to do, where to go next. Hope that makes sense. - Josh & Kalie
We knew nothing about him apart from his label of Mr Brexit and still haven’t said our opinion on him so not sure what you mean by “liked Farage.” We liked listening to Tony Fernendes though. - Josh
OMG!!! You guys NEVER disappoint! I also follow the Nomad Capitalist and have often wondered what the event might be like. Thank you so much for covering this so methodically! As you always do, excellent job! Thank you, love you guys‼️🫶🏿👏🏿👍🏾😃
Thanks for the feedback, Mo! We appreciate the love for sure. We love you back and hope you have a great holiday. - Josh & Kalie
I've noticed a couple of the TH-camrs I watch ended up attending that conference this year. None have stated explicitly that they were (or were not) comp'd or provided discount admission to the event. I presume you, and the others, were provided with some form of accommodation or compensation for attendance. That information is relevant and should be disclosed to your viewers.
Different creators have different deals with NC. We did a video exchange with NCL and have a disclosure on the piece related to our contract. We weren’t financially compensated at all for this video and actually had to ask them if we could use footage from the beginning of the event. We wanted to make this piece of content because we had a decent amount of our viewers ask us about the conference. - Josh & Kalie
It’s best to know what people are thinking and doing; insulation doesn’t work as well, e.g. brexit . J&K are reporting as truthfully as they can
Thanks for this balanced reporting on your experience of this event. Lot of commenters seem quick to make assumptions about your perspectives.
You're welcome! ;-) You noticed that too. They did indeed make a lot of assumptions. :-) Thanks for the comment. - Josh & Kalie
Thanks K&J for your excellent summary. 👍🏻
I don’t believe I’d ever be a Nomad Capitalist client (already have 2 passports + don’t meet Andrew’s income threshold), nonetheless I occasionally watch Andrew’s videos as I find them interesting-so I was (naturally) very interested in your summary.
While it makes sense that many attendees were local (meaning Malaysian), it would make sense (to me anyway) to have this conference in different locations each year. Noticed you shared a table with Amelia & JP-together with you both, the finest TH-camrs that exist.
Hey Maurice! Thank you 🙏 You know, there weren’t a ton of Malaysian that we met there. A fair amount of Asians though and a few Aussies. People were really from all over. Thanks for the love for us and Amelia & JP. - Josh & Kalie
I would have loved to have gone to this conference now that I know there was a "cool kids" table! Lol lol It would have been so much fun to sit at your table along with JP and Amelia! I would learned so much from your 2 groups! Good concise video of the pros and cons of the conference!
@@jjoel609 Thanks, Joel! Syifa Adriana was the coolest of them all. We appreciate the feedback you provided here. 🙂 - Josh
I have followed Andrew and Nomad Capitalist for years and it's nice to get some inside perspective on their signature event. Enjoyed the video.
Thanks for sharing! We are the same. We’ve know about his channel for as long as we’ve had ours. - Josh & Kalie
He says a few interesting things about taxation (which in many "western" countries have become too high and persecutory, for example France and US charge their citizens even if they live abroad), but the "nomad capitalist" alignes himself with very shady characters and promote nasty countries like dubai (dubai has slave labour and human trafficking...) and he promotes that place as if it was paradise on earth. Places like dubai also have very untrustworthy laws where you can be thrown in jail for snizing on the wrong place. I like low taxes, but I to be in countries where I am safe from being thrown in jail for no reasons, so... No thanks.
How come I can never find the building channel, could you not link to the other 2 channels?
It seems to have disappeared
Thanks for this great info for those of us who are curious as what an event of his might be like. I really enjoyed the categories you chose by which to evaluate the event . Like or dislike, I think it important to know what's going on in one's industry and/or just to know what's going on in the world if you're an expat or considering being one!
This is the video I was waiting for. Very insightful.
Nice! We're glad you found it. - Josh & Kalie
Hey did your Lets Get Building channel disappear?
I’m sure that was a very informative conference to attend. Glad you both enjoyed it!
Thanks, Terri! We did. :-) - Josh & Kalie
Thank you for sharing your experience at the Nomad Capitalist Live in KL. Hope that you guys have had a great time at the conference and a pleasant stay in KL, Malaysia.
Thank you! We had a great time in KL! - Josh & Kalie
@@ExpatsEverywhereWonderful. Happy holidays you guys. 😁
@@Yasin_Affandi Happy holidays to you too! - Josh & Kalie
@ExpatsEverywhere Thank you. You guys too. Have a nice day. 😁
Very interesting video, thanks for sharing 🙏
Very insightful and honest while polite. Thanks! 🎄🎁🥂
Glad you enjoyed it! We genuinely had a good time. If it wasn’t for trying to balance time with Cia and my family (Josh), we would have hit up all the sessions. - Josh & Kalie
Kalie believe it or not but Estonia just passed the law allowing to deal with the divorce documentation online but it is not 100% online the last 5% of the process is done in person.
And as an Estonian expat living in Berlin it feels like I entered a time machine and was transported to what is current Germany, where digitalisation is just a buzzword and where paper and Fax still used daily 🤣
Toomas spoke about that. Not saying it was 100% online, but that there was still a part that HAD to be done in person, which is what I was commenting on. I found it funny. - Kalie
Thanks for the info
You're welcome. - Josh & Kalie
Hi, I always enjoy your videos. But you never mentioned the cost of the event. You said you would go again and you said why people should go, but not the cost. Was that part of the NDA?
Hi Brad, sorry about that. We figured that people would look into the pricing options that make the most sense to them. If you're traveling as a couple it's a different price than if it's a single ticket and depending on the potential upgrades and VIP things you can do. We got our own hotel room, which was about a 20 minute Grab ride from the conference hotel. There were people we met that didn't stay at the conference hotel but they stayed at a nearby hotel within walking distance or a 5 minute drive. Not staying at the hotel and having our daughter with us meant that we couldn't/didn't want to participate in everything. Price wise, it's several thousand to 10s of thousands depending on a host of variables, but again, you'll have to see what 2025's pricing is like. I imagine that it'll change. - Josh & Kalie
@ Hello J&K, Thank you for replying, it’s really nice of you to take the time. Honestly this conference is really not for me. I’m not a Nomad and I’m not a Capitalist. I have no money and never had the Entrepreneur spirit. If anything I’m more community based. The opportunities I
see now in Portugal, and I do see some, would hopefully benefit everyone. I live in Vila Verde, Braga district, a town of about 50k. A funny population, about 65% of the folks are over 50 and 30% are under 21. There is a trade school here, lots of young people. What the town could really use is a Cinema. An idea I might float if I make real local connections. I have been here since Feb. so just getting my feet wet. I have not attended any expat get togethers, not my thing, preferring to mingle with the locals. I did live in Zurich for a total of 10 years in the late 90’s early 2000’s. So I am not without a European point of view. Don’t really want to bore you with my whole life story. But you’ve been very generous with your responses. Wanted share some of me.
@@bradhansen2065 You're welcome. Thank you for your openness and your detailed response and sharing a bit about you. The comment section is generally one of the best and sometimes only ways for us to learn more about your viewers. We appreciate the open dialogue.
We interviewed a couple that bought a little home in Vila Verde. They love the local feel of it.
That's a really interesting demographic breakdown. So there aren't really (m)any young families, huh? Parents in their 30s and 40s with young kids?
Regarding the conference, we genuinely looked at it as a business expense to get there and attend the conference. It's in our niche and important to know what industry leaders are talking about.
We certainly felt like it's best for high net worth individuals and international entrepreneurs because of the topics and how the information can benefit the attendee. The ROI for those people are much better than the baseline retiree.
Thanks again for the message. - Josh
@@ExpatsEverywhere Hi Josh, It’s true, the demographic, There is a very nice park in the middle of downtown with a children’s play area. On any given day you might find 2 or 3 woman with their children there. Doesn’t get much more crowed that that. Cheers.
Tax is something objective and based on numbers, it should not be subjected to interpretations. It is pretty straightforward process that can be easily fully automated. Just wondering how come for example NHR is full of interpretations? is it maybe made complicated on purpose, so that tax lawyers and consultants can eat fees? I really hope that AI and automation will entirely takeover the full tax declaration process.
Of course, that's how it is everywhere. Tax code is just job protectionism for an industry.
@christobar in Portugal it is much more than elsewhere. Not even tax office know how to declare certain incomes under NHR. The only way to get things done in PT is to involve Ombudsman and report tax authority (and tax lawyers) to EU commission.
@@merrykrichtsamt Yeah, things do seem to be up to people's individual interpretation in PT.
As an anti-capitalist who believes in social and economic justice and equity, I'd say no effing way.
The way Mr. "It's bad for nations to provide health care for their citizens" used to get dressed in the morning on camera, though, was amusing.
This is a timeshare talk with the goal being the sale of services, done by appealing to upper middle class,first gen stable income, but without the understanding of leveraging privilege to access services in one's own.
Rich people don't need to pay to attend conferences like that, it's people who want to be more rich who attend conferences like that.
It sounds like a great conference!
It was cool. We enjoyed it. - Josh & Kalie
Thanks. Very much enjoy your Portugal content.
It's one thing to find non-grifting ways to reach a level of economic security and to find a sane and stable culture in which to live and be a constructive part of, it's quite another to continually look for ways to expand your wealth beyond what is reasonable, especially if one already has enough to live a high standard for multiple lifetimes. We have a finite time here, on a finite planet, and it's a shame to waste it on pursuing excess.
I just found your channel today and I really like when you describe the different towns. I am considering moving to Portugal. Do you have videos from the Algarve region? I am looking for beach and wormer area. Thanks for your videos and I hope that you can help
Hi Marco, thanks. 🙏 We do have several videos from Algarve. You just need to search the channel for what you’re looking for. Tavira, Lagos, Olhão, Loulé and interviews with people that live in Algarve.
Why would you worry about offending Nomad Capitalist? Is there something wrong with an honest review?
There's nothing wrong with an honest review, Jack. - Josh
@@ExpatsEverywhere Sorry, your review was good! I don't care for Andrew.
@@jackbaldwin3649 that's totally fair. We know that he's Marmite for people and we're okay with that as well. Some people don't like us and that's okay too. Thanks for your feedback. - Josh
I cannot bare to watch the Nomad Cap dude.
Hence the intro of the video. Andrew didn’t actually speak that much. Michelle the MC was great though. - Josh & Kalie
@ y'all are great. Did you meet Andrew Tyler?
But... he hires the finest tailors and opposes national health care, bc, funds spent on health care means less $$ for the rich to suck up. What possible problem could you have with him???
@@jeffinphoenix Thanks! Andrew Tyler doesn't ring a bell. - Josh
Thanks for the report; I was curious about how you found yourselves there and what it was like. I’m afraid that it’s just not my scene, beginning with the name Nomad Capitalist, which implies (and it seems to be its primary draw) treating the entire globe as simply a real estate investment proposition for those interested and able to participate in. I’m not at all surprised about the talk of Venezuela and Cambodia (a collapsing petrostate wracked by political instability, economic crisis, and increasing crime that’s forcing waves of fleeing refugees and a former war zone with a very low cost of living relative to developed western nations and thus much economic development promise)-buy low sell high.
Yes, there's a high level of shamelessness involved, but having no shame is a virtue to be flaunted in America.
Expats are mostly modern-day Carpetbaggers.
Andrew and Nigel are free to watch on TH-cam.
I commented before on one of your previous videos endorsing this conference. Not into that guy and definitely not into the politics of Farage. I guess you are. Sad.
No, we’re just not judgmental and we got invited to go because it’s in our channel’s industry. - Josh & Kalie
@ExpatsEverywhere you do you.
Everyone has the right to lean right, left, or even Ron Swanson… good ideas come from different sides and people and nations DO change their positions over their lifespan. The most important thing is compassionately listening, learning and participating in politics.
@@Allgoodthingsbeyond55oh they will. Trust me. They’re awesome people & we all benefit from their videos!
“I’m not judgmental” may even be worse when it comes to people like Farage.
It might have been quite a show to look at the faces of the conservatives in the group when “Caracas” was mentioned.
Believe it or not, there were no gasps. It was just data and facts so no reactions from anyone. - Josh & Kalie
Digitalising a Nation is NOT something to laud. Portugal has it correct. Estonia being fully digital means ZERO privacy or freedom. Another reason NOT to invest in Estonia.
Explain more, I’m listening. - Josh
@@ExpatsEverywhere Finland also has a digital ID, but their opsec is bad so there are a lot of scams and problems. And, you need a bank account to get access to this ID where they even ask you about your political engagement.
Estonia was able to do some impressive things though like the Estonian biobank, which as far as I understood it was only possible with their digitalization, but that also means the government has tons of data on each person.
If you had to guess, what percentage of attendees were aspiring nomads vs folks who have BTDT?
This isn't leaving us room for other categorizations of people. It seemed like the bulk of people had dipped their toe already into living abroad but understood there was enough nuance that they wanted or needed more information to know what to do, where to go next. Hope that makes sense. - Josh & Kalie
I had no idea you guys liked Farage , disappointed
We knew nothing about him apart from his label of Mr Brexit and still haven’t said our opinion on him so not sure what you mean by “liked Farage.”
We liked listening to Tony Fernendes though. - Josh
Garbage you couldn't pay me to attend one of those snowflake Avents😂
Fair enough. - Josh & Kalie