Best Places I Would Live with $1,000 per Month
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- Опубликовано: 17 июн 2024
- nomadcapitalist.com/internati...
Where are affordable places for new nomads to live? In this video, Andrew discusses the top cities for new nomads to live for just $1,000 a month.
0:00 Start
1:31 Tbilisi, Georgia
4:44 Istanbul, Turkey
5:25 Kota Kinabalu, Malaysia
6:37 Phnom Penh, Cambodia
7:19 Antalya, Turkey
7:49 Buenos Aires, Argentina
Andrew Henderson and the Nomad Capitalist team are the world's most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best".
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Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle.
Our growing team of researchers, strategies, and implementers add to our ever-growing knowledge base of the best options available. In addition, we've spent years studying the behavior of hundreds of clients in order to help people get the results they want faster and with less effort.
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DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.
I live in Norway, and I am blessed because almost no matter which country I relocate to it will be cheaper than here :D
Taxes smh 😂
That sounds right. Is Norway pricier than Denmark?
@Some John Doe Thanks, regards back!
You should come and visit us again!
@@joyrunzel9203 Yes, we go bananas at shopping in Denmark. Since the prices are so reasonable (food and alcohol mostly).
@@devon9374 There is a shared opinion here that the taxes we pay serve a greater common good.
Like free healthcare and free education.
I haven't checked for cost adjustments today, but a few years ago, I spent 3 months in Goa, India. I budgeted $1000/month, but was unable to spend more than $800. I rented a 2 bedroom condo in a gated community with a swimming pool and twice a week cleaning. All western standard, for about $400/month. I rented a motorcycle for $100/month. Then I ate every meal in restaurants. I didn't limit myself in anyway. Food was like .50 cents including drinks. Every other day I went to the barber to get a shave. Then I spent my days riding around the villages and jungles or working on the beach with my laptop. Absolute paradise and no money worries whatsoever.
Wow that's interesting! Thank you for sharing 😊
I wanna live in India....Thanks....If I like it there I will skip the rest or go PT there...How about the health care? How much is ER? etc? Thanks....
@@nomadcapitalist That's my top choice if I were to go to India
@@mela6046 Here I am in India, wishing to move out 🙂
I mean as an indian myself, india is pretty cheap but at the same time its not worth it. It's good if u live in mumbai,pune,uttarakhand or some southern part of india, just please don't move to northern part specially delhi. It's not good.
I myself am trying to relocate abroad so..... idk what to say anymore.
0:00 Start
1:31 Tbilisi, Georgia
4:44 Istanbul, Turkey
5:25 Kota Kinabalu, Malaysia
6:37 Phnom Penh, Cambodia
7:19 Antalya, Turkey
7:49 Buenos Aires, Argentina
Don't go to Turkey, inflation has hit the roof. One of the highest inflation country in the world right now.
@@Thegerceklershow that's exactly the reason to go there.
BA? Really? How about southern Italy? Philipines?
Miri and Kuching, Sarawak in Malaysia is much cheaper than Kota Kinabalu. Sarawak has its own SMMH2 which is a lot easier and cheaper to obtain than that required by West Malaysia.
S. Italy is way too expensive to live comfortably on $1000
Bulgaria is pretty cheap with great location in eastern Europe, close to Greece, Turkey and most of Europe. It is safe and has beautiful mountains and great beaches at the Black Sea.
And you forgot the food...
I am thinking Bulgaria for 2022. Varna seems attractive!
Shh, Don't tell too many people about that best kept secret.
Glad I ran into this site! Living in the US is so depressing now. What a shame!
Last was in Bulgaria in 2006 snowboarding. Loved the place and always considered going back for a few months in 2022 to test out semi retirement
Please do more low budget video!!!
For people that would like to live 6 months per years in anoher country
Yeah I work six months in construction then I travel six months abroad. Usually I move around a lot but now I’m looking at staying in the same spot and renting and just chilling.
Many western countries will make this harder or at least not as appealing tax and otherwise. I think Andrew did some videos on it. Maybe he’ll do more.
This is the lowest Andrew tell the more lowest is go to india pakistan bangladesh nepal bhutan maynmar all these places u can live in 500 dollars as well 😊 eat sleep watch t v , roam around on your bike, with all facilities including maid services . Find small cities in these countries not the capital cities
Yes, there are a lot of baby boomers retiring soon.
@@sr9253 There are plenty of baby boomers already retired. All of them born from 1946-1955 are over 65. The Jonesers are starting to retire now, the mico-generation between the Boomers and early Xers.
Even though your target market is '8 figure' individuals, thanks for giving us barely 5 figure folks some tips!
They aren't the target at all.
I guarantee most viewing this channel are in this budget range.
Check aquaholic for what I mean; multimillion super yacht tours for the budget layman
7 and 8 figures. So you only need to hit 1M.
He says somewhere he works with (meaning can reasonably help) people who spend 50 000 a year on taxes, which in many countries in the west means you only need to go somewhat over 100 000 a year. Still prob not most people on this channel.
Pathetic that vids like this realky
@@Vadamsama if u make 90k in the USA ur in the upper 5% of the world income. So he’s talking out his ass
I am a Native New Yorker.. mom and dad from Puerto Rico and for me? It is Turkey all the way!!! The food the city, Istanbul, the country, Bodrum, Kas, the beaches , the culture ,the people, and the Turkish Rivera ? It is gorgeous🌊🌊🌊
Hi, I'm Rican too!From N.Y. and Connecticut. I've been to Bodrum, am looking for a place to retire to for under $1000 a month. My name is Lilly
@@lynetterosario5697 You can only find a house under $300 in small villages close to the coast, the cheapest house in Antalya is $300.
Regarding your comments on Buenos Aires. Yes, it is an amazing place. I know because I live there part time. One major hassle, however, are the stringent currency controls imposed by the country. The city is expensive if you use your credit/debit card. There are two currency exchanges: the "Dólar Oficial" which as of today is 95.65ARS to 1USD. Then there is the black market dollar known as "Dólar Blue" which as of today is 174ARS to 1USD. If you sell your dollars on the black market, you can live quite well but this means that you must deal in cash for everything and then replenish your dollars by either leaving the country and returning or by having friends come visit. Then, there is the additional hassle of safely hiding your dollars in your apartment. For me, it's worth the hassle, but it is a consideration.
Sounds perfect for living six months per year. What is the cash limit you can bring in, do they check and does anyone in authority ask you to prove how you were able to live so well on so little?
Is the black market an open secret with few penalties?
As an update foreign Credit Cards are now on par (or close to the Blue Dolar, making it at least usable when you inevitably run low on cash. Game changer.
We send money from USA to Argentina using western union and get the blue dollar rate so it seems if you have dollars outside USA you can send yourself funds for in person pickup or to your local bank.
In Argentina cash is king, so don’t overthink it. If you’re using cash only you can easily access to multiple “blue dollar” providers, with literally no issues whatsoever.
Valpariso, Chile works for me. Weather is like Southern California. Internet is good (for working online). Cost of living is good. I live a five minute walk from the beach and don't need a car because there is good public transportation. My costs are less than 1000 USD per month.
Very interesting. How much is a basic 1 BR or Studio apartment in a "not living in constant mortal fear" type area there?
I always wanted to go to Chile...How hard would it be for immigration purposes? Can you go with a American passport?
I hear it can be difficult to make friends and break into social circles in Chile. How would you describe the people?
@@bobbyboy1125 Americans have good visa free access. There are multiple temporary residence visas available & after 9 months in Chile you can apply for permanent residence. After five years you can apply for citizenship. Chile has a Teir A Passport with access to the US, Canada & New Zealand. If you run your own international business, you may be eligible for an APEC Business Traveler's card as Chilean if you naturalize that adds potentially visa free access for 30, 60, or 90 days to China, and Australia along with other Pacific ie Southeast Asia, East Asia & Oceana countries too.
Wow @Jeremy Barlow,
Thanks for the information. It’s good to know
The more I watch this channel, the more I respect Andrew.
@Nomad Capitalist someone must have hacked Andrew's account LMAO. And I'm a dude btw (Kotiara means something like "a cool cat" in Russian).
Thanks for mentioning Kota Kinabalu, Malaysia. I just love this place. If u like beaches, island hopping, water sports, hiking, seafood and tropical fruits. This is the place to go. Especially during the lock down, I thought we might have nothing to eat, but people here are so creative and nice, they deliver all the fresh produces to your house. I think this is a underrated city. To me this place is a paradise.
How is the weather year round? Would I be accepted and treated normal as a Christian woman?
Lots of churches here.
Very friendly people.
Retired Canadian, I came to Buenos Aires and LOVE IT!
Good choice!
Philippines, English is their second language. I never spend over 650 dollars a month and live on a small island with access to serval bigger cities nearby. Beautiful here on Camiguin Island.
You have a pension or live on investments? I opened a burger resturant in BGC but i also thinking about 150k into something like NUSI and then buy a house for like 50k
Naga City Philippines $1000 a month and you can live great.
I love the Philippines so much, always thinking about moving there. Loved Bohol but don't know much about the costs etc. Thanks for the tip, will look into it!
Good to know. Thanks Phillipine Phil
I loved Camiguin when I visited there in 2019. What's a typical 2 bedroom house go for?
Learning to live and get by on almost nothing is one of the best experiences you can put yourself through. It teaches you to appreciate and be grateful for what you do have and it rids you of worries and stress of where the money is going to come from to maintain an extravagant lifestyle. It's not easy to be happy if your mind is worrying. Living extravagant doesn't bring peace and contentment or happiness especially if you must stress and worry about how you will maintain that lifestyle!
Best comment i have ever read.
So what hippie Commune are you with bro? lol..... Peace man.... PEACE!!!!! I now live in sunny South Africa and love it!
I totally agree, beautifully expressed. I spent so much time accumulating during the Spring and Summer of life that now going into Autumn I'm enjoying the harvest of decades of working and investing. I'm grateful I worked and saved when I was young, energetic and had the stamina because now I don't have to focus on income at all. Remember the fable of the Grasshopper and the Ants.
Great advice! THANKS
🙏
I lived in Belgrade for less than $1,000 a month. I got stuck there during the pandemic and stayed for 2 years. The people are friendly and helpful, plus they speak English really well!. I tried Tbilisi recently, but it was not my place. I just didn't vibe with it. I felt like it was a bridge too far and few spoke english. I thought I would stay for a year and left after one month.
Tbilisi is mostly a man's city, in my experience. Like Georgia is the country more comfortable gen for men in general than for foreign women in particular.
The misogyny there. They look down on women more so than many other places
Thanks for saying all this about Belgrade! Much appreciated
Glad to hear your recommendation of Kota Kinabalu in Malaysia! I have a place there and love it. Just waiting for the country to open up and complete my MM2H visa!
You can actually live here in Thailand on $1000 US per month fairly easily. We had rented a new 1 BR townhouse for only $150 US per month and utilities are really reasonable here. Food is reasonable and there are both "fresh markets" and regular grocery stores. The Thai people are very outgoing, friendly and fun to be around. 😊😎😊👍👍👍
Vietnam is cheaper and easier visa
You can never become a permanent resident in Thailand
Yes, but their government keeps changing the visa rules for foreigners.
Too unstable for me.
@@MrDobberdude visa is not that easy in Vietnam , you have to go for a visa run every 90 days, and never become a resident.
@@m.t4826 are you there now?
I got a kick out of “you could buy some land and grow your own vegetables” and “sell your plasma or something.”
Hey, I’m 0 negative! He could be on to something here.
Yea, sell your plasma or whatever you middle class people do
As a man with a big garden myself, growing your own food isn't always that economical...In fact, I would say it's very rarely economical.
@@owendavies8227 what is UR favorite to grow?
Hi fr overtaxed NYC metro area....Litchfield County, CT... why not move to Philippines? Palawan, Nido beach, Boracay beach....there is ALSO a city of WATERFALLS...& TONS of US residents EXPATS...they R building Subic Bay...Pampanga, Philippines RATED# A province $10,000 GDP avg....or move to BGC, Makati , Metro Manila etc... a Rabi & his young family moved fr Chicago to the Phils just in time WAAY B4 Covid 19
@@joyrunzel9203 ....lol...wash dishes at Boracay Beach Philippines or Nido Beach or Palawan...or........... at Mall of Asia in Phils (Flying the Nest.. utubers)
I liked Nairobi, Kenya. My gf is Kenyan and during a Safari trip, I partnered with our Safari Guide to start a farm and ranch. I’m now an owner of 4 bulls and 20 goats in Masai Mara! 🤓🥴
I'm from South Africa and currently live in Buenos Aires. We live very well (big 2 bedroom apartment, with a pool on the roof in one of the best streets in the city) for $620 (this is net, with all extra expenses added), so $1000 is very doable in BA.
For reference, in March 2022, when we moved in, the rent was around $835. In March 2023, the rent will go up by 50%. And then the peso will continue devaluing, so we'll be at the 600-700 range again pretty soon.
How's the crime rate there? I heard it's kind of bad in BA specifically. Also how important is it to speak spanish for your day-to-day?
Proudly South African kunjan!
Wait, the rent goes up regularily, every year?! 50%??!! I woould never feel relaxed then. What if the prices go up and up? What was a relatively cheap city will become unaffordable!
Question. I was looking at apartments in BA just now, and noticed that almost all places had no heating devices! Sometimes very shitty electrical heaters fixed under the window... Is it a norm for BA? It gets chilly in winter, down to 10-12° C. Do they even have central heating in the city?
You can live pretty well on 1000$ a month in most Balkan countries. I spent 3 months in Serbia (1 month in the countryside, 1 in Nis and 1 in Belgrade) on about 800 euro per month and had a blast. I was staying at AirBnBs, using taxis at will and eating out a lot. Great food, beautiful country.
I've seen lots of video's on those countries and am interested. The Phillipines is is also mentioned often but doesn't really interest me.
I agree )
You can live in Serbia for 3 months then North Macedonia for 3 months then Montenegro outside summer season for 3 months ,then either Bosnia or Bulgaria for 3 months and see which one is your liking) All for 1,000 dollars a month and money left over
Thoughts on Albania?
@@dorseykindler9544 absolutely. Vlore us amazing, so is Tirana. Y'all should really consider Kosovo. Pristina is the economic capital and prizeren the cultural capital. They love tourists and hospitality is second to none
Is the region stable now?
I've been living in Latin America for the last 7 years on my Social Security.. approximately 1000 / month.. I pay less than $400/ month in rent and utilities... buy and cook my own food and use public transportation .
Nice
I'm looking seriously into Latin America for retirement . Any specific areas you recommend? Georgia is starting to sound good also!
@@gregoriopuro Going to have to second Mexico just because of the infrastructure, the American businesses, clean, large expat community, 2 to 6 hour flight to US, senior discount program, very good medical and dental...Just plus plus plus over other Central and South American countries.
@@HectorGarcia-nb2ld I think Spanish is a beautiful language.. one of the most widely spoken languages in the whole world
👍🏼
Hi Andrew. Thank's for making this video for the not so wealthy of us who follow your channel. As always excellent advice.
I recently visited Panajachel Guatemala and it was lovely. The weather is like spring all year round, beautiful scenery on a gorgeous lake. Affordable, the people are really nice and it's very safe. Lake Atitlan has 12 towns surrounding it so you can visit those easily if bored with Pana.
1K US dollar is around 4K Georgian Laris.
That's salary of mid-top management employees of Georgian companies.
Long story short: With 1K $ monthly in Georgia you are RICH AF!
They also welcome digital nomads! One of the best and easiest to get digital nomad visas in the world... And those with this visa pay a whopping 1% tax rate... I Love Georgia haha
@Транс Аэро It takes around 15 minutes 😁
@@cgdavid6017 In the capital city Tbilisi, you’ll be fine with just English.
I know quite a lot of expats living in TBS and none of them speak Georgian. In rural areas English is less common
Temo, your currency conversion is considerably off. Your last sentence is simply not true. In Tbilisi, 1,000 USD is not rich. It is certainly not "RICH AF" as you state. In rural Georgia, 1,000 USD can buy a comfortable lifestyle but is still not "RICH AF".
@@daveriley6310 Around 10 years ago your comment would be correct but according to ongoing inflation happening to Georgian Lari, you are wrong.
Not long ago 1000 USD was 1700 GEL, not it's almost 4000.
Do you see the difference?
I’m in Merida, Mexico now. It’s rather lovely. $1,000/mo is definitely doable here.
Which places in Merida can you recommended? I’m visiting Mexico this month.
Too hot during summers
I have been thinking about Merida
I 2nd this emotion, been here for almost 3 years and you can def live a nice life here for that amount.
@@hmlqrt2716 Then just get air conditioner.
I was in Antalya 22 years ago, the city was nice and clean, people were friendly, especially the girls, local beaches are beautiful, the produce was fresh, skiing is less than a 2 hour taxi ride into the hills, ski lifts were also cheap. Turkeys Varan buses had the best service ive experienced to this day, the waiters wouldnt stop feeding us, the bus terminals are better than some western airports ive been to.
Different now .. lots of immigrants especially Russians.. Not the same chill vibe , much more low end vibe .
Now there are lots of digital nomad villages in Antalya-Bodrum in Turkey
This was a fun video to listen to... clearly you've been around and I enjoyed hearing your logic and criteria.
I feel richer every time I watch one of his videos, not sure why lol.
Maybe you'll become rich one-day, who knows? haha
Do you ever watch the Alux channel?
Me too, then the video ends and I'm back to the reality of a barely 5 - figure income.
Right!?
@@CanadianVacations 😅 hey, they say it's not about how much you make always but how you spend what you make
This was a video that manifested at the right time... Thanks Andrew and the Nomad Capitalist team!
Thank you for this! Would love to get an updated video on this subject.
Thank you, Jenny. We have more videos on that topic. Please check: ruclips.net/video/1mPZfWpGQk0/видео.html ruclips.net/video/-1Qy0_dqCrY/видео.html ruclips.net/video/cY_nKiSszkE/видео.html
Buenos Aires is fantastic- great food and wine, lots of to do and amazing cafes and museums and weather.
When I was 21, I took a one-way to Istanbul and ended staying for six months. I arrived with $4000 and easily lived there without doing much work on the side. I'm addicted to that city now and I've been trying to get back ever since. Making it my goal to make a real move there this year, but have to figure out how to navigate this whole six months-no residency situation due to my job. Would love to invest in a property there.
Good for you a young woman with guts
Best time to invest now! Turkish lira is so cheap $1 is 16 tl
@very clairely
Would really appreciate an update on your plans to make Turkey your home. How is it going one year on?
How's the weather there?
@@MedievalFantasyTV It gets a little chilly in the winter but not too bad. It's summer now, and I don't have AC or even a fan, and it's comfortable. It's never rained hard enough for me to use an umbrella.
One of the nicest persons I ever met was from the country of Georgia.
Glad to hear it!
Yes, they are famous for their hospitality
@@ontheline3077 Thanks! There is a Georgian restaurant in Brooklyn ,NYC ,...IT IS HIGHEST RATED...
That's good, I hooked my best friend up with a girl from Georgia and now they are married and have three kids 😲
@God's Holy Rath That is so funny. I just learned he was from there today. I guess all the friendly people went there when he left.
I am new to your show (American citizen). Thank You for the information and time you put in to make this available for the public.
Enjoy most of your content.
Thanks for your down to earth essays.
Now you're speaking to the majority. 💯👍
😉
Yep, I am done with America's tax system.
@@chrislanejones And it will only get worst my friend
This could be the start of a series. Best cities to live in on $3000/month, $5000/month, etc.
Up to $40k/month 😁
Brazil
@@snterp literally anywhere lol
@@snterp That's living close to Martha Stewarts estate money.
@@jaylenbrownfan2112 Ha. Of course. You would need around $10M to kick off that much dividend income per month. Not undoable for the wealthy class. I would just be interested to see Andrew's take on best cities when money is no concern.
Just came across your channel and I just loooooove it. Super great post.
I appreciate these videos. There is so many options of places to go. I was in El Salvador, San Salvador, Now I'm In Utila, Honduras. But for me, nothing compares to the Philippines.
Please explain to ur thoughts on El Salvador and compared to Philippines. I have 3 kids and would like to travel for 6 months
Love these videos. Awesome how you cut to the chase and then offer extra info. Really enjoy watching these!
I lived in Azerbaijan for a couple of years and used to escape to Georgia because it was so warm and friendly. I really agree with this recommendation.
How was it like living in Azerbaijan as an expat
@@zzFishstick I’d like to know as well.
@@JaninesPlace I was there on holiday recently, let me know if i can answer any questions
The tomatoes in Georgia are second to none. Couldn't get enough of them.
Thessaloniki in north Greece is a good option! I rented an apartment in downtown for $300/mo and food is fresh and cheap!
Good video. He puts a lot of real thought into it and can articulate his reasons well. Not a blind follower of trends. Thanks
Glad you enjoyed it!
I like this guy...he speaks with sincerity and Knowledge.
The best channel on RUclips!
I never miss his videos! It's so inspiring seeing the whole world as ones' oyster!
Indeed.
I often coach women who are in toxic, often abusive relationships. Andrew’s dad’s wise words: “go where you’re treated best” fit quite well in those situations, too.
It can be very frustrating when a woman is in denial about how terrible her situation truly is. Many Americans are in a similar state of denial about their country. “Go where you’re treated best”, is advice my abuse survivors have never heard before. They have heard all of the standard counseling stuff.
“Is this where you will be treated best? For the rest of your life?” makes them pick it up and turn it a bit to see a different angle.
His speaking reminds me of Peter Schiff. Only he isn't being an asshole.
GNARLEDGE!!
Before it was discovered, we spent 3 months at Ulu Deniz near Fethiye, Turkey on a $1,000, not a month but in total. There was nothing to buy but food and we lived in a Ford Transit van on the beach. Everything like delicious wine, cigarettes, a haircut all cost 50 cents.
I recommend finding a place like this that is not yet discovered.
i agree, if enough expats ingress, if the local economy cant take the hit, it will always push the prices up.
Love this! Dreaming of affordable places to live. Thanks for the inspiration! Can't wait to explore these options.
You can do it!
👌 This guy sure knows the globe. Glad he posted something for us "poor folk" _{ under 1 million }_
I think he wants more subscribers
@@TakashiNippon / Everybody wants more subscribers. _{ I like Nova Scotia 👌 }_
What about people making under $20 000. ?
@@evelinholmes6401 / Well that would be interesting. However this is for the elite - not us "regular folk " 😞
@@evelinholmes6401 yer fuked. get a weapon n fight.
Thank you for making this. I appreciate the work you put into the information.
I'm Honduran, currently living in Manila Philippines, and I'll say, $1k can get you comfortable living,(with nights out haha) give you both BIG CITY vibes and beaches on demand, the beach areas have excellent broadband /fiber optic coverage in case you want to continue catching up with work
Literally just moved here six weeks ago to Newport City, Pasay so I totally agree with you. I wonder why he hardly ever talks about the Philippines 🇵🇭 ?
Looking at flights now
You'll be living that well in Honduras for that kind of money,...right.
@@fabiogonzalez4000Yep, but Honduras is VERY dangerous. Roatan is safer.
When I visited Bangkok I fell in love with multiple things there but at the end of the day I have to visit other countries that I would consider moving to for the cheap. Thanks for the insight on Argentina and Georgia I'll have to check these two countries out myself. One of the biggest things I look for is health insurance and the ease of access to health services.
Don't go to Argentina. Unstable country.
I really like this list, I feel like Andrew is in my head reading my thoughts.
Some people just don't know how to think outside the box. I asked my neighbor this question, and he said he would live in his parents basement
Sounds like a Joe Biden fan....lol.
Free rent!! Lol
Good option but isn't that more like living "inside the box"?
Ill go with Europe because I believe it's a more trustworthy investment
in the long run and has more inherent value attached to it.
Just not sure I would risk big money on a third world government
that might go sour on foreign investors at any time for any reason.
That's my take.
🤣
@@thommysides4616 LOL
Great topic and awesome comments!
I would love to live on a sailboat. After the initial cost you can live very well for around $1-2k a month. This is assuming you can preform maintenance yourself and stay out on anchor rather than in marinas.
I've been living aboard since 1998 and I love it 🏝️
I've been binging your videos and I've made some grand plans in the past 24 hours thanks to you.
This was extremely good content. Answers exactly what I’ve been asking myself these days, as I’ve grown tired of quarantining and want to relocate. THANK YOU for the great info. We’re going to do 3 months Buenos Aires, 3 months Colombia, 3 months Tblisi and 3 months Istanbul.
Glad to hear it Debora😊
Sounds like a good plan
Will try that too although not on a tight budget
Be sure to take a lot of cash with you when going to Buenos Aires. Because of currency controls imposed by the Argentine government there is a bustling black market known as the "Dólar Blue." If you use your credit card, atm card, and the official cash exchange, Buenos Aires isn't all that cheap. If you sell your dollars on the black market and deal only in cash for your expenses, you can live quite well for little money. Example: todays exchange rate: the Dólar Oficial is 95.65ARS to 1USD; the Dólar Blue is 174.00ARS to 1USD.
@Reed Clark Terrific advice. Go to Argentina and become a criminal. Also featured on "Locked Up Abroad".
Andrew , You are the Man ! this is the stuff that lots of us are looking for . Now if there were experienced guides to be found in these areas it would be very helpful . Thanks and always remember "I love ya Man "
Today you're helping five figure investors, thanks!
I live in Almeria, Spain, and can easily live on $1000 a month. I also lived in Porto and it's also very affordable. Next year I'll move to Medellin. Thanks for your videos!
Consider trying Algarve, south Portugal, eventually.
Almeria has been noted as one of the best places in Spain for food ……..very walkable…….you just walk from bar to bar enjoying the tapas.
Are you enjoying life in Medellin?
@@alejandro_ramirez I've moved on from Medellin, but for sure you can enjoy a nice lifestyle for $1000. I actually made a video about my cost of living in Medellin :)
@@michellehyde2808 really? Do you mind sharing your channel’s name? I’m currently in Medellín, I will go back home to the US on Tuesday
I love that I learn something new every time I watch one of your videos! You like to pursue the opportunities!
THANK YOU FOR ALL YOUR VIDEOS!!!
Another fantastic video Andrew. This is now my favourite channel on RUclips bar none! Liked and subscribed 👏👍👌🍸💵🥂
Aww, thanks!
Thank you for the video Andrew. I have been planning a move out of the US for quite sometime but could not decide on a location. Tbilisi sounds and looks fantastic. Doing some research on the city now. Thanks again
Glad it was helpful!
You guys are so insightful. I just ordered your Nomad capitalist book, can’t wait to devour it. I might even fet in touch with the team as my portfolio as increased dramatically this year and looking to preserve my wealth as much as possible. Thank you for the great contant :-)
Glad to hear that, Ben. Feel free to contact us any time.
Love Buenos Aires ! Spent a year there and can’t wait to go back, would definitely recommend moving there
Great video ! Thank you so much!
Love this channel. I know you make money off of what you do, as you should but the service provided to me is priceless.
I’m medically connected to the US military and your information has helped me narrow down the places I would like to live plus what a realistic image of that would look like.
Always great content! Thank you 🙏 I personally keep homes on the island of Cebu in The Philippines 🇵🇭 and conduct my business in Saudi Arabia 🇸🇦
Appreciate a point of view on a lower budget for all of us who aren’t six and seven figure income super appreciate that
Corruption is the BIGGEST problem, safety is not just financial, it’s fluid, take Lebanon as an example or Venezuela, probably two of the most desirable countries in the world at one time, keep yourself fluid, enjoy the people and cultures, but by all means have an exit plan
@John Patterson > Very good advice !
Thank you for this video. It's nice to have options at any income.
Travelled and lived in 81 countries... 4 from your list. IMHO Bali, anywhere is doable on $650, food, accommodation, scooter, drinks... Spent months there...
Thank you for your input. It fits the budget, but what about safety and staying long term?
@@luv2travel2000 Philippines most ppl FEEL "at home" right away... excellent health care at Large cities...U can purchase Travel insurance & have Phi Health card= 25% for foreigners...
poor internet
@@mela6046 No chance for $1000/mo in BGC or Makati. Anywhere else pollution, congestion, lousy infrastructure is a big issue.
@@oceanic16 is there a lot of pollution allover philippines? It is my dream to go there but it will break my heart if I see to much pollution...
Great episode.
New viewer. Thank you.
Salamanca, Spain. I am a US citizen. I stayed there with my wife who was getting her MA at 5K$ for three months. One can rent an apartment there for 400 euros. First and foremost the city is an oasis of intellectualism. They love their heritage past, and so do I. One may eat a filing tapa and have a mug of beer for three euros, or buy for even less at the local market. He can catch two way bus tickets anywhere in Spain or even in France for twenty euros prior to C19. He can book all inclusive four day vacation packages to Pamplona for 150 euros. Valencia, Spain is even better, but not quasi-centrally located as Salamanca is for travel purposes, but I also highly recommend it. I would leave the US today and live there for what remains of my life, if my wife was ready.
I should put that on my travel bucket list.
Valencia is easily the best value city in Spain, probably the best weather and great food. You will not make it with 1k$ though, I know because I live here after living in 6 other countries. Properties and rent are insanely expensive. Maybe Alicante is closer to 1k limit.
I’m getting more and more interested in Georgia!
Until they get invaded by Russia.
Thank you, sir. I don’t fit into your clientele as far as income goes, but I have been a small business owner and a Dave Ramsey student for 25 years. I watch all your videos because it’s never too late! This is a perfect video for me as when I retire I won’t be destitute but I won’t have millions either! Thanks for sharing with us who haven’t quite arrived!!
Don’t think too much about digits in the accounts. Most precious things in life are free of charge !
In our days it is important to have a clear mind, to select information and great inspiration will come, afterwards also more and more digits 😀
It's never too late, Julie.
You only need enough money and freedom and health to feel rich wherever you choose.
Hey Julie, You are most welcome in Bangalore; INDIA as well. You Must try, Good Life , Good Health care facility, High SPEED INTERNET. Expenses not more then 800 USD.
Don't be so sure that you can't get millions.
Great video, me being Hispanic of Spanish descent, I thought you where going to mention one or two cities in Spain. Great job. I just subscribed to your channel. Thanks.
Glad you are broadening your audience.
Plovdiv or Stara Zagora in Bulgaria, cheap to live, great people, amazing history, food, culture and nature. Coming from Australia its been a pleasant change to escape the high cost of living. Almost bought in Tbilisi but wanted to be closer to European countries when driving.
I loved Plovdiv when I visited a few years ago and wondered what it would be like to live there. Maybe one day I'll find out for myself!
I live with 250$ month in Cordoba Argentina. Local currency has devaluated a lot.
Thinking of our last night in Argentina in 2007.... 6 course meal with fabulous fresh pasta, homemade bread.... bill....13 bucks.....
is it nice place for foreigners`?
@@booringtrips7832 I am a foreigner but spanish is my native language. Argentinians are pretty open with foreigners and they have the best english level in Latinamerica, you can check the EF english proficiency index, but that does not mean that everyone speak it well.
@@MathGPT I agree
@@victoriakleber1397 WOW 🤩
Just goes to show even those on $1000 a month budget can find places that offer what might be a million dollar lifestyle elsewhere. Great post!
I lived very well in Arequipa, Peru for around $600/month, 2 bedroom apartment near the city center for around 200USD a month, lunch meals around $2-3 and a nice dinner for less than $10.
That’s my next stop looking for a place retire can’t wait..
Was that recently you were able to live for only $600 per month?
@@belle42 That was in 2017, I can’t comment on the situation there now as a lot has changed. Also, with the current Covid restrictions Perú may not be the best place.
@@justinleblanc67 that you for the info. I appreciate it!
Wow ...surprised that you named my city Kota Kinabalu as a good cheap place to live in Malaysia. Yes, Kota Kinabalu @ KK is a beautiful small city to live a laid back lifestyle with great weather, beautiful beaches nearby, good food and with nice friendly people. And most of all it's centrally located in Southeast Asia and we'll connected by cheap air travel making it an ideal place to base yourself for travel in the region.
Koreans and Taiwanese love to come to Kota Kinabalu
Problem for me in KK is the place is almost entirely Malay Muslim and Chinese Christian/Chinese mixed religion of Taoism and Confucianism. NOT Hindu or Buddhist.
Virtually no Indian Hindus. This translates into lousy for vegetarians
Dumaguete, Philippines - also made Forbes top ten at least once. English speaking, fresh food, decent healthcare, ocean, expats. For a milder temp there is Valencia close by in the mountains.
watch out though, when big media starts talking up an area the clock is ticking and the crowds are on the way.
Yes it's the new gringo landia
Not sure if it's mentioned before in previous comments on other videos, however your taste in interior design is on a norther level of sublime.
Thanks for that!
Thanks Andrew, subbed, this really gets the gears going for after I get my online private practice going next year, having this nomad capitalist/location arbitrage mindset, especially the way Canada has been of late.
You are killing the game. Best content on youtube
Anyone interested in Europe, there're a few options! Baltics for example is relatively cheap. And Lithuania is about to launch its e-residency visas
Buenos Aires is becoming more dangerous lately. I wanted to retire there, now I am not sure now. Political issues and drug cartels are making Bunos Aires unbearable. Thank you for your video and all the choices and comments
what place you choose ?? Uruguay is the best choice in south America !
Do NOT move to Argentina. Things there are not stable right now. And it's getting dangerous.
I spent time in Buenos Aires in 2012, I cannot imagine living there fir $1000 a month, it is super expensive to live in safe areas. Going out is very expensive.
@@xassy My experience jibes with yours.
There are no drug cartels in Buenos Aires. Where did you get your information from? Perhaps you are confusing Buenos Aires (capital) and Buenos Aires (province). Two different things.
yes, chiang mai .. i bought a riverside condo 12 years ago... still here on that budget
Kota Kinabalu is a beautiful part of the world. We saw one of our favourite sunsets overlooking the water there while having a delicious and super affordable seafood meal 😋
If Borneo Malaysia is your thing then I would consider Kuching. However with the recently introduced policies requiring $12k monthly income and $200k bank deposits to retire in Malaysia, I'm not sure it qualifies any longer.
@@ams4374 we love Kuching! The waterfront area there is so pretty. A very livable city indeed 😀
After traveling all around, I found DaNang Vietnam to be in the sweet spot. Not to big, but with all the amenities. A world class beach, friendly people, healthy food, adventure, international airport. US residents can easily get a one year visa. I liked it so much I bought a condo there and split time between Seattle.
Was just going to mention Danang too😎️
My father spent a year there before I was born. He really didn't like the place. People kept shooting at him.
Surprised that anyone would want to live in a communist country. They don't have a good track record regarding personal property rights.... most people want to go to non-communist countries from there..... (I am from one of those countries.)
@@Arabzene Despite & in part because of my father's history, I want to go there, DaNang specifically because it is actually one of the fastest growing private sector economies in Asia. Whenever I see RUclips videos of westerners in Saigon, DaNang, or Hanoi & the streets are filled with western brand signs for stores & restaurants I think it was such a massive waste of lives and resources to spend so much to protect the Firestone or was Goodyear rubber plant near DaNang where more than 80% of US & Aussie forces in Vietnam had been concentrated.
@@jeremybarlow2291 hmm, I understand. Since you have a personal connection to the place, you may want to risk visiting/living in a communist country.... For me, it was bad enough that we ha to risk our lives to leave, enough for a lifetime. I avoid these countries like the plague.
Really opened my eyes to affordable, beautiful places to live. Super helpful and inspiring!
Glad you found the video helpful and inspiring!
As AH mentions,Buenos Aires and Tbilisi are certainly attractive options. But to add a pair to the list, the Turkish Republic of North Cyprus (eg, the town 8f Girne, the North is only recognized by Turkey), has easy one year residency. And in beach blessed SE Brazil, Florianopolis. Cost of living there is significantly less than Prague - about half.
Merida Yucatan Mexico! Very Affordable here with lot's of high end amenities. The City and area are growing fast so this would be an amazing place to start off with only $1,000 a month like I did and eventually keep adding those zeros to your income. Highly Recommended! Also Love your channel brother! Great stuff! I share your videos with my audience all the time! Keep up the great work!
the food could be better
I just discovered your channel and it sounds so exciting! I am 50+ and I wish you would also talk a little bit more about the availability of healthcare and quality of healthcare in the countries you recommend.
Thank you, Eric. Start here:
ruclips.net/video/6W4kvJWuVfI/видео.html
ruclips.net/video/Jd9qf5cnwdk/видео.html
Love this channel!
I've been watching videos about Bali and surrounding area, seems like a paradise.