Greece or Italy: what is your choice? By the way, Greece is one of *the 7 best countries to retire in Europe* ! The other 6 we mentioned here: ruclips.net/video/nEvVINH4-UY/видео.html The method I use to learn new languages which I recommend is this one ( *by using this link we both get a Bonus!* ): www.lingq.com/?referral=LevideSouza
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.
I feel your pain mate, as a fellow retiree, I’d suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets, Up to 200k so far and pretty sure I'm ready for whatever comes.
@@zubairadamu2477 The crazy part is that those advisors are probably outperforming the market and raising good returns but some are charging fees over fees that drain your portfolio. Is this the case with yours too?
Bureaucracy issue has improved significantly the last years, but maybe for foreigners that are not registered as citizens yet, it isn't that improved. The internet speed and prices have also improved lately and the Greek providers have a 24/7 customer support! I don't think you can find this anywhere else in Europe.
As a single beach loving middle aged guy Greece and Italy look like winners to me. Working the logistics of the Schengen will be the biggest challenge for me to figure out. Great video thank you so much for sharing!
This is such an interesting topic for anyone planning retirement! I’m curious-how does Greece’s tax system compare to other retirement-friendly countries? Are there specific incentives for retirees, like lower property taxes or tax breaks on pensions? Also, what are the most affordable and peaceful places to retire in Greece, and how does the cost of living balance with the quality of life? I'd love to know more about the pros and cons!
Money should never be the reason to retire in Greece. You have to love Greece and the Greeks with their culture and all their traditions in the first place, otherwise stay away!
The average household in Greece makes under US$1000 per month, so of course the cost of living will be cheaper if you are bringing in money earned in a country with a higher cost of living.
actually the cost of living is higher than some citizens could afford.. and the number of those people is increasing .. so, having 1000 euros per month doesn't mean low cost of living, means no living nowadays in Greece. some cannot afford to pay their electricity bill especially in the winter months, they are freezing in their homes.
That's a silly lie! Where did you find this statistic?? The average salary is around 1.200€ and salary is NOT income...Income includes money from property and a lot of Greeks own property which they rent out.
@@captaingreek He's not lying. The average salary is based on mean and not median meaning extreme values (high wages that some people earn) push the number up so 1200 might be not representative of the real wages in Greece. The mean is not the best central tendency meaure to use when we don't have a normal distribution or have outliers (the median should be used instead but for some reason it's not used). A lot of people don't earn even 1000 euros per month (even in jobs that require PG education and many years of experience e.g. education, psychology, nursing etc.) . A high percentage of Greeks have property but not all have a second one to rent it out and not all families have a property under their name
Greece is beautiful. Its people are kind and it’s extremely safe outside of Athens. Unfortunately it’s expensive. Everywhere nowadays everywhere is expensive. The islands are very expensive. I’s taxes just might be the worst in the EU. Any program is difficult to get into.
For all people thinking of moving to Greece, please if you do it try to live like you earn a Greek pension (under 1000 euros). If you can't do it, please don't come here. The rents are extremely high and expats with their high income and will to pay these prices keep them high. Greeks can't afford to live in Greece (especially in Athens and Thessaloniki) anymore. The cost of living of you might be low but is extremely high for Greeks.
kudos to you for venturing to do this in your second language; however, with youtube you probably could improve your pronunciation because after a while of listening the mispronunciation of certain words like “foreigner” it can get a bit annoying, but your info is great and I’ll keep listening.
What are top cities with international schools to move/retire in Greece ? Any tax advisor in Greece/Chania to recommend ? Is it correct you don’t pay any taxes on ETFs UCITS ? Thanks
Half the doctors left Greece when austerity measures were implemented and their salaries were cut 50%. Unless you show up with an envelope with 1000euro notes, be prepared to wait. Tax savings? The US taxes you on ALL your income no matter where you live. So there is no tax benefit. And England and France are moving to this kind of taxation.
After losing my job and turning 41 lately, I'm at a turning point in my life. What options do I have for making big investments now that I have $425k saved for an early retirement at age 50, $10k in an HSA, and a property that might provide an extra $200K?
I’m confused about whether to combine all my investment accounts into one. If I decide to do this, how should I go about it, and will there be any consequences I should be aware of? I also intend to sell my property, which could add an extra 200K overtime. Should I consolidate everything into one investment account, or diversify across several sectors?
These are important questions for a financial planner. I connected with mine at a NYSE summit, and with her help, my wife and I reallocated our 1.7M portfolio between a traditional IRA and a brokerage account. She’s been executing trades with our consent and has managed to recoup twice our crisis losses. We’re holding and cautiously navigating the market
Greece or Italy: what is your choice? By the way, Greece is one of *the 7 best countries to retire in Europe* ! The other 6 we mentioned here: ruclips.net/video/nEvVINH4-UY/видео.html The method I use to learn new languages which I recommend is this one ( *by using this link we both get a Bonus!* ): www.lingq.com/?referral=LevideSouza
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.
I feel your pain mate, as a fellow retiree, I’d suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets, Up to 200k so far and pretty sure I'm ready for whatever comes.
@@zubairadamu2477 That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well
@@YinusaSaheed My advisor is VICTORIA CARMEN SANTAELLA;
You can look her up online
@@zubairadamu2477 The crazy part is that those advisors are probably outperforming the market and raising good returns but some are charging fees over fees that drain your portfolio. Is this the case with yours too?
Bureaucracy issue has improved significantly the last years, but maybe for foreigners that are not registered as citizens yet, it isn't that improved.
The internet speed and prices have also improved lately and the Greek providers have a 24/7 customer support! I don't think you can find this anywhere else in Europe.
As a single beach loving middle aged guy Greece and Italy look like winners to me. Working the logistics of the Schengen will be the biggest challenge for me to figure out. Great video thank you so much for sharing!
We are glad you liked! Thanks!
I really appreciate your videos. You do an excellent job! Thank you!
Glad you like them!
This is such an interesting topic for anyone planning retirement! I’m curious-how does Greece’s tax system compare to other retirement-friendly countries? Are there specific incentives for retirees, like lower property taxes or tax breaks on pensions? Also, what are the most affordable and peaceful places to retire in Greece, and how does the cost of living balance with the quality of life? I'd love to know more about the pros and cons!
Money should never be the reason to retire in Greece. You have to love Greece and the Greeks with their culture and all their traditions in the first place, otherwise stay away!
You're right.. greek people would be suffer for the coast of living because of foreigners they can afford everything but greek people cant
Your videos are ALWAYS excellent, thank you!
Thank you very much!
❤️ YOOOO! Nice video!!! I’m a Small Struggling Travel Channel and you really inspire me to make better content 😌 Thank you! 🙏🏻
I keep telling my adult kids to leave me in Crete, I love it there. I'm tired of Hawaii and I have been far too long.
Moreover, HI is ridiculously expensive!!!
I think Hawaii is also much more expensive, am I right?
The average household in Greece makes under US$1000 per month, so of course the cost of living will be cheaper if you are bringing in money earned in a country with a higher cost of living.
Exactly.
actually the cost of living is higher than some citizens could afford.. and the number of those people is increasing .. so, having 1000 euros per month doesn't mean low cost of living, means no living nowadays in Greece. some cannot afford to pay their electricity bill especially in the winter months, they are freezing in their homes.
That's a silly lie! Where did you find this statistic?? The average salary is around 1.200€ and salary is NOT income...Income includes money from property and a lot of Greeks own property which they rent out.
@@flaviabarbu5417 Not to mention that he confuses salary with income and that a household may have two or even three people working!
@@captaingreek He's not lying. The average salary is based on mean and not median meaning extreme values (high wages that some people earn) push the number up so 1200 might be not representative of the real wages in Greece. The mean is not the best central tendency meaure to use when we don't have a normal distribution or have outliers (the median should be used instead but for some reason it's not used). A lot of people don't earn even 1000 euros per month (even in jobs that require PG education and many years of experience e.g. education, psychology, nursing etc.) . A high percentage of Greeks have property but not all have a second one to rent it out and not all families have a property under their name
Greece is beautiful. Its people are kind and it’s extremely safe outside of Athens. Unfortunately it’s expensive. Everywhere nowadays everywhere is expensive. The islands are very expensive. I’s taxes just might be the worst in the EU. Any program is difficult to get into.
Greece is nice.
strange I found Athens (2018) much cheaper than London... Maybe Chicago is of the charts
For all people thinking of moving to Greece, please if you do it try to live like you earn a Greek pension (under 1000 euros). If you can't do it, please don't come here. The rents are extremely high and expats with their high income and will to pay these prices keep them high. Greeks can't afford to live in Greece (especially in Athens and Thessaloniki) anymore. The cost of living of you might be low but is extremely high for Greeks.
kudos to you for venturing to do this in your second language; however, with youtube you probably could improve your pronunciation because after a while of listening the mispronunciation of certain words like “foreigner” it can get a bit annoying, but your info is great and I’ll keep listening.
Good point :)
I looooovvvvve the way he says foreigner!” It’s one of the highlights of his videos!
i am a vegan so i will enjoy living in greece. i am buying a home in crete ❤ My cousin is half greek (half ghanaian)
What are top cities with international schools to move/retire in Greece ? Any tax advisor in Greece/Chania to recommend ? Is it correct you don’t pay any taxes on ETFs UCITS ? Thanks
Athens for sure
It was fine.
you should check Volos my friend
Half the doctors left Greece when austerity measures were implemented and their salaries were cut 50%. Unless you show up with an envelope with 1000euro notes, be prepared to wait. Tax savings? The US taxes you on ALL your income no matter where you live. So there is no tax benefit. And England and France are moving to this kind of taxation.
Yes...
Ever hear of the US Expat Tax Exclusion?
@@QueOndaWheyNo. Do tell!
where do oyou get this info?? it's amazingly wrong.. rich in Greece with 1500 euros? who lied to you??
i paid 4k for a one bedroom outside of boston lol
please stop DESTROYING our rent prices. stay in ur countries we are already ruined as it is we dont want an extra problem on top of all
Blame your government for allowing it.
After losing my job and turning 41 lately, I'm at a turning point in my life. What options do I have for making big investments now that I have $425k saved for an early retirement at age 50, $10k in an HSA, and a property that might provide an extra $200K?
It’s understandable to want a financial advisor at this stage... but perhaps putting off retirement for a little while could be the smarter move
I’m confused about whether to combine all my investment accounts into one. If I decide to do this, how should I go about it, and will there be any consequences I should be aware of? I also intend to sell my property, which could add an extra 200K overtime. Should I consolidate everything into one investment account, or diversify across several sectors?
These are important questions for a financial planner. I connected with mine at a NYSE summit, and with her help, my wife and I reallocated our 1.7M portfolio between a traditional IRA and a brokerage account. She’s been executing trades with our consent and has managed to recoup twice our crisis losses. We’re holding and cautiously navigating the market
That is impressive! my portfolio has remained stagnate. Who is guiding you please?
*Leah Foster Alderman*
You can search her online, she’s well known.
Ancel Keys is a scammer btw.
You sure ruined my Monday morning... I guess you guys make a fortune 'cause us Greeks feel we 're taxed to oblivion.
It's difficult to understand your accent. Please use AI voice over for better quality
No, please don't add some terrible AI voice. His accent is fantastic.
@@ronvincent5645 I can't understand half of his speech. I am sure I am not only one. AI will bring better quality.
You can't read?