This dude is based AF. I think the world would be better off if people just realized they can vote with their feet, and it seems like it's moving in that direction.
Fifty years from now…I’ll be 110. And still watching Nomad Capitalist. “Go where you’re treated best! Mars has some interesting new investor residency programs…although the Martian passport only ranks third in the solar system.”
Australia undid all of that over the last 2.5 yrs. We all saw the footage of Australians being beaten like dogs because they didn’t put a mask on. We all saw Australians being put into camps because they were unvaccinated. I’m not sure you understand how that’s totally changed the perception of Australia. Just like Canada declaring Marshall law because truckers peacefully protested against vaccine mandates. Both countries are permanently damaged. Not sure you realize how many Australians are moving to Nicaragua. Nicaragua! Why? Because Nicaragua never forced vaccinations, never locked down. There world has permanently changed.
it is a very good idea to plan for 50 years, I am 25 and I a already planning my retirement, in case I die, my family gonna have money too, its never a bad idea
I mean people are forgetting that technological progress on a log graph is exponential (some say double exponential) i think we would of solved alot of the issues of demographic decline by then. Im more worried about AI going beserk and thinking of itself as its own species. i'd say just plan for 10-20 year from now, the world will be somewhat different, but sort of similar (I hope lol)
2:16: Originally I'm from Hungary, 50 years ago it was hardcore communism. 50 years later, now, it still is in my opinion, they just don't call it like that. Nepotism forever. 🤷
I was there a couple years ago on holiday, I've never seen so many negative people in one place, everybody's complaining all the time but nobody does anything. Weird place.
@@patriciawaterman7280 I guess Hungary has the highest VAT rate in Europe at 27%, and some ridiculously high taxes especially on employment. Not surprised people are unhappy.
@@leahhoward1212 I've left the country long ago so not familiar with the current rates but my business people friends all say that whatever salary you get in Hungary, you have to pay pretty much the same amount in taxes etc. So let's say you make a 100K gross salary a year, you get 50K as your net salary. That means people work 6 months every year for free just to satisfy the goo-vament. That's 6 months slavery per year. Absolutely ridiculous.
Hey Andrew, I've been following your content for some years now. Always so much value. But you never mention Germany! That continues to grow and is making naturalisation fairly easy.. Could you make a video about Germany, The good the bad and the new? Would love to see that!
I have a Western European passport (born), Caribbean passport (invested, for visa purposes to mainly Russia, China, South America) and soon a Russian passport. These 3 covers where I want to live and travel now AND in the future very well 😃
Nice episode. Geopolitical issues are changing fast right now, so being in multiple regions is a must. I'm thinking at least one in Asia, perhaps one in Dubai or eastern Europe, and one in Mexico, El Salvador or somewhere in Latin America.
@RasgullaThe BRICS countries are definitely the ones to align with for growth opportunities. But I don't want to live in the middle of potential geopolitical conflict, so China and Russia are not really options (though I do have a 10 year China visa). India is not really interesting to live in for me. Also, China is not a place you want to live right now. They're trending up economically, but really down for social freedom. I just wanna live the rest of my life in peace before the Earth goes full on 1984. So I'll likely choose poorer countries off the radar of the big countries. How about you, what's your plan?
Hey Andrew! I know this sounds like scifi for most but if you follow the research in anti aging, we might be the first generation to have access to anti aging medicine by 2050. I believe that if you are 40 or under this should definitely be part of a 50 year plan 😉
We don't even have personalized/ai driven medicine now and won't anytime soon because they can always call it racist. Even in places like China they will argue against it for normal Leninism
Always love nomad capitalist content and while I do appreciate the the jump cuts to keep my adhd brain engaged from time to time every 3 seconds is a bit jarring even for me. Slow the jump cuts.
@@user-mf9wg6jq5f I lived under communism, so I would tell you not to worry. The system Canada does a better job than most identifying potential immigrants who are entrepreneurial and a net gain to the country (except of the refugee program that is based solely on humanitarian aspects). I am more worried about the young generation of home grown politicians (incl our Prime Minister) who seem not to have a clue about how 80% of the world works.
Just being aware of what's going on in the wider world because it could impact your assets whether that being stocks or real estate and considering the long time frames you're talking about especially with stocks will that company you own shares in have a Nokia / kodac moment are they innovating to mitigate that possibility or is CEO just winging it until they get the gold parachute before the company goes bankrupt. Must admit my time frame is 10-25 years when planning ahead think I would need the services of Elon Musk's NeruLink company in 50 years to still be functioning :-) Hmm might be worth investing in that.
5:30 False! The US is a union of 50 states much like the European Union. However because most people don't understand this and a constant attack on state sovereignty there is far to much federal power thus justify the line of thought, why move to another state when you could just as easily move halfway around the world.
that's true for a whole bunch of countries so what's the point. Not like those 50 states are having presidents, foreign policy, embassies, immigration programs and citizenship.
@@jayaramanelango4845 Just go to northern France and get a small boat to England. You will stay in a very nice hotel there and you can work....very easy these days.
The 4 year time horizon is a side effect of democracy/universal franchise, but most people who criticize this short-sightedness have no alternative and are just as sycophantic in their support of democracy as anyone else. Also being multicultural is what ruined California. That shouldn't give you confidence for much of the developing world. Putnam's findings don't stop at the West. The multi-racial/multi-cultural aspect of Latin America is why it's been such a basket-case for its whole history
Nomad you appear to be hung up on this freedom thing with reference to Australia. For someone meant to have your finger on the pulse of the international rules you seem to have dropped the ball. Your information is invalid. The market you play to is interesting. Move to the place where you are able to receive the greatest benefit whilst contributing as little as possible to the country you live in. Leach like, and like exploiters of old, you travel the world taking and not contributing. This is what it means to be a nomad capitalist.
The problem with humans is they think they're going to live forever. Nobody can plan too far ahead because it's arrogant for one to assume they'll be alive the next year, month or week. Anytime your day csn be up you never know!
@@Michael_Lak to an extent we do have control but again i agree with hime that planning for that far ahead is a little bit extreme and it takes from the joy of day to day life because if i die tomorrow none of it will matter but still what are the odds.
@Yodaandhislightsabre planning is good, didn't say it was bad or don't plan. But always humble yourself and remember nothing ever goes to plan cause life has it's own plans for you. The healthiest people are sometimes hit with sudden cancer diagnoses or deaths of their loved ones which can turn all your plans and life on it's head, and then life can become just a battle of sanity against the pain and suffering of loss.
@@jimjonez5068 But what's not humble about expecting to live a long healthy life? Anyway, if you follow God's plan, you don't have anything to worry about.
This dude is based AF. I think the world would be better off if people just realized they can vote with their feet, and it seems like it's moving in that direction.
Fifty years from now…I’ll be 110. And still watching Nomad Capitalist.
“Go where you’re treated best! Mars has some interesting new investor residency programs…although the Martian passport only ranks third in the solar system.”
The math says you will be watching from your grave. Also, however conservative you voted before, you will vote 100 percent democrat party. 😅
Good thinking my friend!
Third? Who's 2nd? O.o
Yes! Be a Bulgarian! From Bulgaria with love!
On my way!
It is time for us to stand and cheer for the doer, the achiever, the one who recognizes the challenge and does something about it. --Vince Lombardi
50 years ? I’m at the point where I hesitate to buy green bananas 😳
I always say live in the present now and it'll handle the future itself. Allow opportunity to come in
You are so Correct ! Your on the right track keep going !
As a man with similar complexion I can't imagine you thrived in Arizona.
I don't think an Australian passport carries much stigma anywhere the way the US passport does.
Australia undid all of that over the last 2.5 yrs. We all saw the footage of Australians being beaten like dogs because they didn’t put a mask on. We all saw Australians being put into camps because they were unvaccinated. I’m not sure you understand how that’s totally changed the perception of Australia. Just like Canada declaring Marshall law because truckers peacefully protested against vaccine mandates. Both countries are permanently damaged. Not sure you realize how many Australians are moving to Nicaragua. Nicaragua! Why? Because Nicaragua never forced vaccinations, never locked down. There world has permanently changed.
australia is awesome, it is respected everywhere
@@ARUchannel1 But the Aussie Gov' isn't.
it's an open air prison!
Australia is 5 👀 eye's British Empire mate
@@quartermaster1976 but most people don’t know that 🤫
it is a very good idea to plan for 50 years, I am 25 and I a already planning my retirement, in case I die, my family gonna have money too, its never a bad idea
Nice community where im around like minded folks
I mean people are forgetting that technological progress on a log graph is exponential (some say double exponential) i think we would of solved alot of the issues of demographic decline by then. Im more worried about AI going beserk and thinking of itself as its own species. i'd say just plan for 10-20 year from now, the world will be somewhat different, but sort of similar (I hope lol)
@@ruthnacht create an anti ai that protects man
2:16: Originally I'm from Hungary, 50 years ago it was hardcore communism. 50 years later, now, it still is in my opinion, they just don't call it like that. Nepotism forever. 🤷
I was there a couple years ago on holiday, I've never seen so many negative people in one place, everybody's complaining all the time but nobody does anything. Weird place.
@@patriciawaterman7280 I guess Hungary has the highest VAT rate in Europe at 27%, and some ridiculously high taxes especially on employment. Not surprised people are unhappy.
@@leahhoward1212 That's true!
@@leahhoward1212 I've left the country long ago so not familiar with the current rates but my business people friends all say that whatever salary you get in Hungary, you have to pay pretty much the same amount in taxes etc. So let's say you make a 100K gross salary a year, you get 50K as your net salary. That means people work 6 months every year for free just to satisfy the goo-vament. That's 6 months slavery per year. Absolutely ridiculous.
@@revvend Hoooooooly gosh I din't know that!!!! 😱😱😱😱😱
Hey Andrew, I've been following your content for some years now. Always so much value.
But you never mention Germany! That continues to grow and is making naturalisation fairly easy..
Could you make a video about Germany, The good the bad and the new?
Would love to see that!
I have a Western European passport (born), Caribbean passport (invested, for visa purposes to mainly Russia, China, South America) and soon a Russian passport. These 3 covers where I want to live and travel now AND in the future very well 😃
Finally, good content! Thanks Andrew.
Nice episode. Geopolitical issues are changing fast right now, so being in multiple regions is a must. I'm thinking at least one in Asia, perhaps one in Dubai or eastern Europe, and one in Mexico, El Salvador or somewhere in Latin America.
@RasgullaThe BRICS countries are definitely the ones to align with for growth opportunities. But I don't want to live in the middle of potential geopolitical conflict, so China and Russia are not really options (though I do have a 10 year China visa). India is not really interesting to live in for me. Also, China is not a place you want to live right now. They're trending up economically, but really down for social freedom. I just wanna live the rest of my life in peace before the Earth goes full on 1984. So I'll likely choose poorer countries off the radar of the big countries. How about you, what's your plan?
It’s impossible.
Hey Andrew! I know this sounds like scifi for most but if you follow the research in anti aging, we might be the first generation to have access to anti aging medicine by 2050. I believe that if you are 40 or under this should definitely be part of a 50 year plan 😉
We don't even have personalized/ai driven medicine now and won't anytime soon because they can always call it racist. Even in places like China they will argue against it for normal Leninism
Thank you Andrew!
You're right
Studies on climate change systematically mention Indonesia as one of the most threatened areas in the upcoming decades though.
Always love nomad capitalist content and while I do appreciate the the jump cuts to keep my adhd brain engaged from time to time every 3 seconds is a bit jarring even for me. Slow the jump cuts.
Valuable content.
I don't think Canada is going to collapse the way Europe may. Immigration and being the US natural resource backyard will keep it afloat.
really after they forced the clot shot mass murdering citizens along with freezing the accounts of people that complained about it.
My fear is Canada becomes outright communist. Those immigrants vote very high taxes, high regulation, low personal freedom.
@@user-mf9wg6jq5f I lived under communism, so I would tell you not to worry. The system Canada does a better job than most identifying potential immigrants who are entrepreneurial and a net gain to the country (except of the refugee program that is based solely on humanitarian aspects). I am more worried about the young generation of home grown politicians (incl our Prime Minister) who seem not to have a clue about how 80% of the world works.
Wise words amigo
Just being aware of what's going on in the wider world because it could impact your assets whether that being stocks or real estate and considering the long time frames you're talking about especially with stocks will that company you own shares in have a Nokia / kodac moment are they innovating to mitigate that possibility or is CEO just winging it until they get the gold parachute before the company goes bankrupt. Must admit my time frame is 10-25 years when planning ahead think I would need the services of Elon Musk's NeruLink company in 50 years to still be functioning :-) Hmm might be worth investing in that.
What are your thoughts on Philippines?
Too hot, typhoons, dengue, volcanos, rain season and you are not allowed to purchase land.
@Moral Hazard thank you!
Get a basket of LATAM countries and live the tranquillo lifestyle.
5:30 False! The US is a union of 50 states much like the European Union. However because most people don't understand this and a constant attack on state sovereignty there is far to much federal power thus justify the line of thought, why move to another state when you could just as easily move halfway around the world.
False!
The US is nothing like the EU.
There may be more differences than similarities my point is that they simply have one similarity in that they are both unions of nation/ states
that's true for a whole bunch of countries so what's the point. Not like those 50 states are having presidents, foreign policy, embassies, immigration programs and citizenship.
Switzerland
can i get any hotel jobs in europe 52 years old sir
If you have job experience related to any sector of the hotel industry, then yes, if you can speak english even better.
i can speak english very well but no experience in hotel industry but i can work as any low position ok for me like dishwashers ,waiter or cleaner
@@jayaramanelango4845 Just go to northern France and get a small boat to England.
You will stay in a very nice hotel there and you can work....very easy these days.
7:41 "Would I rather be American 🇺🇸 in a future geopolitical world that is less Western centric or would I rather be Belgian 🇧🇪 ?" 😂
Shots fired at Spain
LOL, my man's got jokes assuming the world is still even around after that.
Probably best is to get a citizenship that can be passed down generation after generation
The 4 year time horizon is a side effect of democracy/universal franchise, but most people who criticize this short-sightedness have no alternative and are just as sycophantic in their support of democracy as anyone else. Also being multicultural is what ruined California. That shouldn't give you confidence for much of the developing world. Putnam's findings don't stop at the West. The multi-racial/multi-cultural aspect of Latin America is why it's been such a basket-case for its whole history
🔥🔥🔥🔥
Russia will not see growth?
He is wrong, my property and business investment there is already up nicely and I think it will continue
I need to find a large hole in the ground if im planning for the next 50 years.
Play the long game.
lol, lets all move to China. :, )
Nomad you appear to be hung up on this freedom thing with reference to Australia. For someone meant to have your finger on the pulse of the international rules you seem to have dropped the ball. Your information is invalid.
The market you play to is interesting. Move to the place where you are able to receive the greatest benefit whilst contributing as little as possible to the country you live in. Leach like, and like exploiters of old, you travel the world taking and not contributing. This is what it means to be a nomad capitalist.
you think investing millions of dollars for a privilege of living for a while and pay taxes as per their own laws does nothing for those countries?
The problem with humans is they think they're going to live forever. Nobody can plan too far ahead because it's arrogant for one to assume they'll be alive the next year, month or week. Anytime your day csn be up you never know!
@@Michael_Lak to an extent we do have control but again i agree with hime that planning for that far ahead is a little bit extreme and it takes from the joy of day to day life because if i die tomorrow none of it will matter but still what are the odds.
How sad of a point of view. Why not plan for yourself and your future generations to have a better life?
Odds are that you will live for decades more, so roll with that.
@Yodaandhislightsabre planning is good, didn't say it was bad or don't plan. But always humble yourself and remember nothing ever goes to plan cause life has it's own plans for you. The healthiest people are sometimes hit with sudden cancer diagnoses or deaths of their loved ones which can turn all your plans and life on it's head, and then life can become just a battle of sanity against the pain and suffering of loss.
@@jimjonez5068 But what's not humble about expecting to live a long healthy life? Anyway, if you follow God's plan, you don't have anything to worry about.
Planning next 50 days: there will be 75 videos on GEORGIA, less views, and more upset clients at Nomad Capitalist.
What do you mean? Did you have a bad experience with them?
LMFAO