I’m an enthusiastic investor, and I often find myself pondering how successful investors build such significant wealth. After recently selling my house, I now have over $545K in equity, but I’m unsure of my next move. Should I dive into the stock market now, or should I wait for a better opportunity?
Many people minimise the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm solvent. I looked for licenced advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
I was born in Monaco 25 years ago! I don't live there any more , but I'm happy to represent one of the most unique countries in the world. It truly is a special place.
@@PerfectPrinceX1 I went to the United States to get my Master’s Degree 🙂 Monaco is very small, and the world has a lot to offer. Living in a small place can sufficate you a bit, so I wanted to explore opportunities in areas that I'd yet to spend a lot of time in. I believe travel is the best education, so I try not to stay in one place for too long. New people, new experiences.
I lived there. Basically no taxes. My experience was that people do not necessarily want to mingle with others, but to be left alone, to be anonymous. You can be wealthy and not envied.
Nobody can become financially successful over night. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals.
the first step to acquire wealth is figuring-out your goals with heIp of a financiaI pIanner, and foIIowing through with lnteIIigent ideas; you will acquire wealth in no time and also enjoy the decision of managing your money.
Mrs Diane Walter service is a talk of the town in North Holland Netherlands , I started with a little amount of 14k ETH, and she made huge returns, and I have been constantly investing with her
Tell her I referred you I can't hide her contact information from anyone who is interested in investing with her because she has really helped me a lot with my trade, today I am smiling
Mrs Diane have been the key to my successful trading life and couple of my friends who also trade with her. I make about $230k every month by only trading the crypto Market.
The principality Monaco got his name from the Greeks, as they settled down there in 608, they called the fisher village ,,Monoicos“ ….and as they explored the Côte d’Azur they settled down in nice as well, what they called ,,nikaia“.. I wish everyone a beautiful day 😊
Successful people don't become that way overnight. What most people see as a glance of wealth, a great career, and purpose is the result of hard work and hustle over time. I pray that anyone who is reading this will be successful in life...
I want to compliment you, you have said it all. I am a little business owner and I really want to expand my business to the next level by making myself an investor but I really don't know how to go about it..
How is Monaco the richest country in the world? First, Monaco created the first legal casino in Europe. Second, they eliminated capital gain and income tax, which it made it a tax haven for the ultra-wealthy. Finally, Monaco is located in one of the most beautiful places on the planet. Arguably, Monaco is the greatest country on the planet.
Ryan - You never fail to deliver. Your content is always authentic and educational. It’s difficult to find that on any platform, especially from such a humble and genuine person like yourself. You are truly making a positive impact on the world. Much appreciated.
You forgot to mention Onassis, who contributed a lot to making Monaco what it is today. If I'm not mistaken at one point he owned more land in Monaco than the Prince.
Everyone need more than their salary to be financially stable. The best thing to do with your money is invest it rightly because money left for saving alway end up used with no return.
It's interesting to see Ryan's reaction when he heard 6% tax on property. I am a property agent in Singapore, when foreigner buy a property in Singapore, they have to pay 60% tax (stamp duty)!!
It's one time 6% property tax on purchase only. There is no yearly property tax. So 6% is nothing if you plan to keep that property long term. There is yearly property tax you rent out your property which is 1% of an assessed rental rate.
The problem we have is because Most people always taught that " you only need a good job to become rich " . These billionaires are operating on a whole other playbook that many don't even know exists.
It is remarkable how much long term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.
The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on government paycheck, especially with the current economic crisis around the world. This is still a time to invest in Stocks, Forex and Digital currencies.
Many individuals report success in investing in stocks, forex, and cryptocurrency (Bitcoin), yet I continue to struggle. Can somebody help me out or advise me on what to do?
Even with the right technique and assets some investors would still make more than others. As an investor, you should've known that by now that nothing beats experience and that's final. Personally I had to reach out to a stock expert for guidance which is how I was able to grow my account close to $35k, withdraw my profit right before the correction and now I'm buying again.
This is one of my favorite channel. It always makes my week complete! 😊 Despite the economic downturn, I still manage to earn $35,000 weekly from my investment of $3,500 ..God bless Expert David Ramsey
I'm a British citizen. Since I started trading with Mr. David Ramsey a year ago, he has shown to be the best and most reliable broker. I heartily advise him.
When this country and the rich people who come here forget and don't honor God for their accomplishes and wealth, one day God will remind them and this place that everything belongs to HIM.
I was fortunate to first live in Monaco just when they first started developing Fontvieille. The Monegasque are genuinely really great. Later I also spent time living in Singapore, which is a very different but definitely a fantastic place. Having certain traits being very much in common with Monaco.
Overall, 51% of traders think this year would favor stocks, mutual funds, and other equity-based investments, despite Treasury yields and other safer cash-like investments paying big. I’m looking for opportunities in the market that could fetch me $1m ahead of retirement by 2025
One lesson I've learnt from billionaires is to always put your money to work, and diversifying your investments. I'm planning to invest about $30k of my savings in stocks this year, and I hope I make profits.
You are right. The best approach I feel is to diversify investments- by spreading investments across different asset classes like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.
That makes sense. I’ve been using a financial market expert for two years now and I own a six-figure diversified portfolio from investing in stocks. I want to diversify more this year, though.
I really want to get in with a financial advisor this year, especially as all markets are hitting highs. I don't want to be too optimistic and end up losing everything.
There are many independent advisors to choose from. But I work with Monica Shawn Marti and we've been working together for almost four years and she's fantastic. You could pursue her if she meets your requirements. I agree with her.
Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance
I had problem comprehending trading in general. I tried watching other RUclips trading channels, but they made the concepts more complicated. I was almost giving up until when i discovered content and explain everything in detail. The videos are easy to follow
I've been making a lot of looses trying to make profit trading. I thought trading on a demo account is just like trading the real market. Can anyone help me out or at least advise me on what to do?
Trading on a demo account can definitely feel similar to the real market, but there are some differences. It's important to remember that trading involves risks and it's normal to face looses sometimes. One piece of advice is to start small and gradually increase your investments as you gain more experience and confidence. It might also be helpful to seek guidance from experienced traders or do some research on different trading strategies.
First off, I've seen Serhant in real life when was the agent for my friend Chris Hyland's apt and Serhant makes everyone else in the room short, and this Monaco agent makes Ryan look short lol! Having said that Monaco is super fun- in terms of security, you feel super safe in Dubai as well. Great video Ryan now take us to Singapore and Dubai next :)
I am so fortunate that I made productive decisions about my finances that changed my life forever. I am a single mum living in Melbourne Australia who bought my second home in September and is hoping to retire next year at 50 if things continue to go smoothly for me
Congratulations beautiful lady. You’re really doing well for yourself, I’m 45 and my financiaI Iife is in a mess. Any great tips would really go a long way in shaping my life. I want to buy my own house, that’s really a big flex........
I apologize for late reply sweetie 🥰, I used the FIRE movement to put my finances in order. Then Invested in stocks, cryбtocurencies and reel estate though the assistance of an Investment Pro who helped me make it this big😇
Wow I' m just shock someone mentioned expert Mrs Clarissa I thought I'm the only one trading with her She helped me recover what I lost trying to trade my self..
I think I'm blessed because if not I wouldn't have met someone who is as spectacular as expert Mrs Clarissa I think that she is the best broker I ever seen
When you invest with genius like Mrs Clarissa you don't have any other choice then to keep winning she trading strategies are very productive and reliable. I made quite a huge profit today all thanks to Mrs Clarissa
I began my investment journey at the age of 38, primary through hard work and dedication. now at the age of 42,I'm thrilled to share that my passive income exceeded $100k in a single month for the first time.this success reinforces the important of the advices mentioned earlier. It is not about achieving quick wealth but rather ensuring long term financial prosperity.
Through closely monitoring performance of the portfolio, I've witnessed a remarkable growth of $483k in just the past two quarters. This experience has shed light on experience traders are able to generate substantial returns even in lesser-known markets it's safe to say that this bold decision has been one of the most impactful choices I've made recently
This past few months watching my forex portfolio decline is very disheartening.holding doesn’t really profits much. Any idea on how to earn better on the short run?.please recommend to me your Fin advisor
The advisor I'm in touch with is *JESSICA KATHERINE ELLIS* she work with merrill, piece, Smith incorporated and interviewed on CNBC television. You can use something else, for me her strategy works hence my results.she provide entry and exit point for the securities I fucose on..
It's always better to have a financial plan. Working with a licensed Financial adviser/Manager is a good step to financial stability. The fixed income portion of your portfolio won't simply serve as a buffer to the volatility of the equity portion of your portfolio, but will provide legitimate income.
I wasn't sure with investing money for a new car, but I've made over $58k since October 2023 by the help of Yuen M Bigan FX and still bought my dream car. Thanks
📍Do what everybody else is doing if you are okay with only having what everybody else has.Information that will pay you everyday, you've got to stop saving all your money. Venture into investing some, if you really want financial stability. Choose to grow and elevate your mind by studying audios, videos, attending conferences that will give you the edge!
Agreeable, money is always ready to work for anyone who is ready to employ it. That is why it’s always advisable to start up an investment. I have researched about XRP as a digital asset investment and I believe it to be very profitable.
Lol indeed this guy.....that real estate guy really thinks people are dumb. Ofcourse by far the biggest reason people live in Monaco is because it's a tax haven. There is also no wealth tax and no heritage / gift tax if u are a spouse or child of the deceased.
@@peakyblinder9194 Yet we pay one of the highest VAT rates in Europe, our corporation tax is higher than Germany's, we pay stamp duty, transaction tax, property tax. Almost no country in Europe has wealth tax, and here the prices for residences is a quasi tax (well, for some) and the fact that sometimes you pay insane prices for mediocre products and service. But I guess that happens everywhere where money gathers.
Well Soviet style they are not but the majority was indeed built in the '60s and '70s. Though these days there is construction everywhere to build new residences while the old ones are starting to disappear. Doesn't mean they are any cheaper than the new ones but the older ones usually have more space for the same amount of rent.
I have been to Monaco a few times because I was influenced as a child by the Cary Grant + Grace Kelly film To Catch A Thief . It is a strange feeling walking around this little principality day and night feeling safe all the time. The real charm to me was the old town where the palace is located. A great place to have a meal. The Musée océanographique de Monaco was a highlight attraction.
Was here last week! Honestly one of the most motivating places you could ever visit in the world in my opinion. If you need a rocket up your arse to go and achieve something with your life. Go here for a weekend
We have a place right near the beach, we pay tax, In South Africa, no traffic, the property is cheaper than most places in the world we have an insane view, no rat race! and lots of peace!
Get smallest possible apartment directly facing other building as address just for tax purposes. Actually live in large mansion in Saint-Tropez and go to Monaco to collect mail. That's how to do it.
This was awesome Ryan. Your vids on this channel have changed how I operate entirely... I am 22 and started my own private practice/consulting firm in March of this year, alongside my full time role as a senior analyst, and I am excited to say my firm will do $70,000 in profit this year... I was going to wait until I was 25 to start this firm, but your perspective pushed me to do it sooner!
Anna Maria Island, Florida. I met a guy who says: " I've been to every island in the world, I even own a few, this is my favorite island." It was mine too. I lived there for four years.
I have a good friend who is a billionaire and they own a home in Bermuda. They are not alone. You may want to explore that spot next. Thanks for the excellent and valuable content, Ryan!
I once stayed at an AirBNB in there where one exit of the building lead you into Monaco, and the other exit of the building lead you into Monton, France haha tbh, it's kinda boring there but nice to go every once in a while
I´ve been in Monaco last year and it´s truly something else, not only the quality of life but I felt a big civic spirit, which is rather difficult to find in south of Europe (Portugal is where i come from). I was also astonished to find so many places where you could eat a quality meal for 20€!! Even gas is cheapear in Monaco, at least compared with Portugal. Did you got to see the Prince´s Car Collection?
@@mas1085 Pretty safe! One of the top safest countries in the World (6th i believe). A lot of people have been moving to Portugal because of safety reasons actually.
I spent a Lot of time in Monte Carlo, its Beautiful! Stayed w, friends and at Hotel De Paris, had lunches at Cafe De Paris, played at the Casino. One great Restaurant to try is, Cafe Romantica...❤
I lived one mile from Monaco for 14 years . I would never ever move in that place even if you gave me a new home or condo I would not accept it. There are so many more beautiful places to live , there you live surrounded by buildings and you never get to see the sun. I hated going there , you need to be crazy to live there
Ok so you basically couldn't afford to live in Monaco and lived in Beausoleil instead (very telling already), but seemingly couldn't be any more jealous of the people who made it. Oh there are definitely nicer places, but I have plenty of sun at home or when I walk around. So come off your tiny horse and stop being a drama queen.
How is there no crime? With that many rich people in one place you would think that is where criminals would go. Look at the Miami F1 race. Always hear about millions in watches go missing during that event.
There’s cameras everywhere… just a fantastic place. We left our convertible in a valet parking spot open and a lot of camera equipment on the back seat. Three hour lunch, returned and everything was fine… it’s just a great place full of polite people!
It's interesting how much of an American he is, he says nothing about cultural activities, theater, libraries, concerts, live music, international food, nothing just sports, money, and celebrities.
Wow, what a take. From a fellow Houston, Texas born, 19 year expat in Prague with much EU travel. I know many Europeans of different socioeconomic levels and they speak about sports, projects, from wishful dreamers, to people moving and shaking etc..Why should he be different? Especially since he is only showing something more improvement, inspiration based? Undercover hater maybe? Read the room, notice the direction of his people’s comments….
Why would you expect all that from a luxury property agent? If you want a travel guide video - perhaps look at channels which produce that kind of content. Not that hard to do, even for you.
I'm here now! I agree with Ryan, one wants to be around people of similar socio economic means. There is a commonality of residents (non Monegasque) knowing that most people you meet have been pre vetted. It's kind of like a country club feeling. Yes the tax benefits are great but having to be here physically for 6 months minimum a year can actually be tough if you have to travel for business. But it's great.
Please describe. And how does one avail oneself of that? Is it that one has surplus so one can help people because one knows it comes back in spades later and if it doesnt that is ok too? Btw. Please ask the rich guys how one cultivates motovation
@@snorttroll4379 Their motivation is to stay rich. Stay in Monaco, if you like. But I agree with you. For me to be wealthy means you must do something for others with your means.
Monaco is amazing. No one is living below the poverty line. There is no slum area in Monaco. The Monagasques can get rent subsidies if needs be and they get preferential employment treatment. That is thanks to Prince Albert who runs this country really well for not just the rich but for everyone. I'm surprised Ryan didn't mention the new $ 2.3 billion real estate development currently under construction called Maraterra. It is expected to be completed in 2025 and will have 1000 units which I believe are now all bought from the blueprints. Thanks for the video. P.S., You didn't just get off a plane because there are no airports in Monaco. You may have just gotten off an helicopter that brought you in from Nice where they do have an airport.
I think he trades for everybody I know. Met him twice at a conference in Germany, after his lecture I had to personally beg him to be my Financial Adviser. I celebrate his strong feet.
If you wanna be successful, you most take responsibility for your emotions, not place the blame on others. In addition to make you feel more guilty about your faults, pointing the finger at others will only serve to increase your sense of personal accountability. There's always a risk in every investment, yet people still invest and succeed. You most look outward if you wanna be successful in life.
*Given the current economic difficulties that the country is experiencing in 2023, how can we enhance our earnings during this period of adjustment? I cannot let my $400k savings vanish after putting in so much effort to accumulate them*
True, I have been in touch with a financial advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.
I started out with an FA named Harry Brenda Ava Her honest approach gives me complete ownership and control over my position, and her rates are incredibly affordable given my ROI. She's On NET
I've taken the initiative to research Harry Brenda Ava online and verify her credentials. I'm impressed with her expertise, and I've reached out to her to share my financial market goals in detail.
Thank you for the content!! All we need is the right advice on how to invest in crypto and we will be set for life. I made about $21,000 weekly from trading last year regardless of the market conditions😊
Trading crypto now should be wise. but trading without an expert isn't advisable. I tried trading on my own but keep on losing. I think I'll give her a try
A lot of people still make massive profit from the crypto market, all you really need is a relevant information and some < professional advice. < it's totally inappropriate for investors to hang on while suffering from dip during significant
I’ve been to Monaco, can’t say I was a fan. The people are snobs and the city itself isn’t that amazing. I found it to be boring. Their aquarium was really cool though!
*Amazing video, you work for 40yrs you have $1m in your retirement, meanwhile some people are putting just $10k into trading from just few months aga and now they are multimillionaires
You don't have to be surprised, That's exactly her name( Alvarez Harry) so many people have recommended highly about him I'm huge beneficiary of his platform from Brisbane Australia
You don't have to be surprised, That's exactly her name( Alvarez Harry) so many people have recommended highly about him I'm huge beneficiary of his platform from Brisbane Australia
I'm from Alberta Canada I use to take loan from my bank for survival but after I came in contact with him I'm Now a credit not a debtor anymore bought my first car last month
According to the International Monetary Fund’s data for April 2023, Ireland is the richest country in the world, followed by Luxembourg and Singapore. Monaco is not mentioned in the top 15 richest countries in the world in 2023. However, it is important to note that there are different ways to measure a country’s wealth, and different sources may provide different rankings. For example, according to USA Today, the United States is the richest country in the world with the highest GDP as of 2021. Monaco is mentioned as the richest country in the world when measured by GDP per capita. So, it depends on how you define “richest” and what metrics you use to measure it.
GDP is not a measure of “wealth” or "being rich" at all. It is a measure of income that does not include expenditure or debt. It is a backward-looking “flow” measure that tells you the value of goods and services produced in a given period in the past. It tells you nothing about whether you can produce the same amount again next year. For that, you need a balance sheet - a measure of wealth. Companies have balance sheets as well as income statements. Nations don’t.
God I’d be embarrassed to even post this. Why would you want to make yourself look like a fool? It doesn’t “depend” on how you define richest, GDP doesn’t measure wealth 🤦🏼♂️
It surprises me that the residency of Monaco seems quite easy to obtain by the rich (UK previously needs 2M investment and AU needs 5M). I had initially thought that residency rights in these super rich countries would be very difficult to get, just like Switzerland and Liechtenstein.
Yes it's extremely easy. It can take 15 days unlike the one in the USA that you will never get anyway unless you get married to a US citizen or Canada or any other country for that matter. Plus Monaco is not xenophobic like those Canada who bans foreign buyers from buying in their country. Monaco is a very business friendly country and extremely safe and welcoming to everybody.
@@Carolinapetroska 😂😂😂 ok, unless you know the chief of police personally it does NOT take 15 days. It might take 15 days to get the appointment but the whole background check and application process takes FAR longer. And calling Monaco "business friendly", ok you are obviously joking. Setting up companies (and let's not even get started with Bank accounts) is extremely cumbersome, especially for industries which require licences.
Gibraltar es una colonia británica en territorio español Con resolución de la ONU para descolonizar desde 1968,y pronto empezará su partida de territorio nacional español,
hey Ryan great vid as always, i loved watching you years ago on New York real estate show, you were one of the best brokers, do you think NY real estate will bounce back? or do you think new york commerical real estate is dead forever now? or will it take decades to bounce back?
Despite the economic crisis, I still thank you 🙏 for the level-headed financial advice. I started stock and crypto investment with $4,345 and since following you for few weeks now, I’ve gotten $12,539 in my portfolio Thanks so much Mrs. Tarina Rodgers
It’s kinda crazy how nobody wants to get out of the rabbit hole and read the book Whispers of Manifestation on Borlest
scam
another bull made of shit found in comments yelling about books
I’m an enthusiastic investor, and I often find myself pondering how successful investors build such significant wealth. After recently selling my house, I now have over $545K in equity, but I’m unsure of my next move. Should I dive into the stock market now, or should I wait for a better opportunity?
The current market conditions may provide opportunities to increase revenues swiftly; however, experience is required to carry out such a plan.
Many people minimise the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm solvent. I looked for licenced advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
That's impressive ! I could really use the expertise of one of these advisors. Any chance you could recommend one?
Her name is 'Rebecca Nassar Dunne” Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Thank you so much, this is exactly what I needed right now. I wrote her an email and am waiting for her reply. Hopefully, she responds soon.
I was born in Monaco 25 years ago! I don't live there any more , but I'm happy to represent one of the most unique countries in the world. It truly is a special place.
Couldn't agree more!
you got kicked out and your proud ?
@@PerfectPrinceX1 I went to the United States to get my Master’s Degree 🙂 Monaco is very small, and the world has a lot to offer. Living in a small place can sufficate you a bit, so I wanted to explore opportunities in areas that I'd yet to spend a lot of time in. I believe travel is the best education, so I try not to stay in one place for too long. New people, new experiences.
@@evns7142Well said.
@@PerfectPrinceX1 ARE YOU SATISIFED WITH HIS ANSWER???? LOL
I lived there. Basically no taxes. My experience was that people do not necessarily want to mingle with others, but to be left alone, to be anonymous. You can be wealthy and not envied.
Il y a un proverbe qui dit 'pour vivre bien, vivons cachés !' lol it's true.
Couldn't disagree more. Never made so many friends so quickly.
Nobody can become financially successful over night. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals.
Don’t forget getting born into financial success happens over night
@@OluGbadebo broke mindeset. Stay pisspoor and a loser. Most rich people are self made
You know what else holds us back ? Selfish people that pay low vages... ohh wait thats the same that live in Monaco
*Amazing. “How to build wealth, do this..”*
the first step to acquire wealth is figuring-out your goals with heIp of a financiaI pIanner, and foIIowing through with lnteIIigent ideas; you will acquire wealth in no time and also enjoy the decision of managing your money.
I had decisions that grew my finances (gathered over 1M in 2yrs) with heIp of my financiaI pIanner. Living the dream, hoping to retire next year.
Get to her, if you care...
Elizabeth Green Hunts..
6 months in Miami and 6 months in Monaco sounds like the ideal billionaire's year.
Sign me up 🙏
I was in Monaco last week… place is shit tbh 😂
@@YOULTZY why?
LOLOLOL mentioning Miami in the same sentence as Monaco. You have a career in stand-up waiting for you.
@@glenwerline3876 you think monacos better?
Hit 200k today. I'm really grateful for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k in June 2022
How please? Am a newbie in crypto investment, please can you guide me through on how you made
Mrs Diane Walter service is a talk of the town in North Holland Netherlands , I started with a little amount of 14k ETH, and she made huge returns, and I have been constantly investing with her
she often interacts on Telegrams, using the user below
Tell her I referred you
I can't hide her contact information from anyone who is interested in investing with her because she has really helped me a lot with my trade, today I am smiling
Mrs Diane have been the key to my successful trading life and couple of my friends who also trade with her. I make about $230k every month by only trading the crypto Market.
The principality Monaco got his name from the Greeks, as they settled down there in 608, they called the fisher village ,,Monoicos“ ….and as they explored the Côte d’Azur they settled down in nice as well, what they called ,,nikaia“..
I wish everyone a beautiful day 😊
Nice nice nice 😂
We aren't a municipality but a principality.
@@Mazeboxx got it 🙂
@@Guide_Me 👍☺️
Successful people don't become that way overnight. What most people see as a glance of wealth, a great career, and purpose is the result of hard work and hustle over time. I pray that anyone who is reading this will be successful in life...
I want to compliment you, you have said it all. I am a little business owner and I really want to expand my business to the next level by making myself an investor but I really don't know how to go about it..
imagine investing in Btcoin earlier.... You could have been a multi millionaire precently
@@kelseyeadelmarr6109 You are right. Been thinking of going into gold and cyptocurrency
Assets that can make you rich
*FX
*Btcoin
*Stocks
*Gold
*Real estate
You’re right but a lot of people remain poor due to ignorance
How is Monaco the richest country in the world? First, Monaco created the first legal casino in Europe. Second, they eliminated capital gain and income tax, which it made it a tax haven for the ultra-wealthy. Finally, Monaco is located in one of the most beautiful places on the planet. Arguably, Monaco is the greatest country on the planet.
Ryan - You never fail to deliver. Your content is always authentic and educational. It’s difficult to find that on any platform, especially from such a humble and genuine person like yourself. You are truly making a positive impact on the world. Much appreciated.
What a humble comment. Respect and big respect to Ryan of course for valuable content
Slurp
No poverty = No crime
We do actually have one homeless person, though she is being looked after very well.
Very important video and well explained.
To be successful in life that won’t be over night you have to work hard over it.
You will miss a lot of opportunity to make money online if you don’t have money.
Cause the modern world money is the answer to all problems.
As a new beginner in online trading you surely need a professional to guide you through.
Digital currency is the most popular currency in the whole world right now .
You forgot to mention Onassis, who contributed a lot to making Monaco what it is today. If I'm not mistaken at one point he owned more land in Monaco than the Prince.
Monaco total square mileage is .81 miles.
Only 500K in the bank for no income tax? That's very appealing if the cost of living makes sense for the income.
I reckon the banker is holding, he’ll everyone banks there. Probably holding billions…. on paper anyway.
Most people venture into crypto to be wealthy,meanwhile I just want to be debt free.
Invest in one of these!
Real estate
Crypto
Stock
Gold
Investing in crypto is the most profitable investment due to its current rise, huge profits and future benefits.
When you invest in crypto you are buying a day you don't have to work
Everyone need more than their salary to be financially stable. The best thing to do with your money is invest it rightly because money left for saving alway end up used with no return.
@@billymark7125real estate is good but crypto is better
It's interesting to see Ryan's reaction when he heard 6% tax on property. I am a property agent in Singapore, when foreigner buy a property in Singapore, they have to pay 60% tax (stamp duty)!!
It's one time 6% property tax on purchase only. There is no yearly property tax. So 6% is nothing if you plan to keep that property long term. There is yearly property tax you rent out your property which is 1% of an assessed rental rate.
60% tax lol
Monaco has no property taxes, but rental property is taxed at 1%
@@joshg72826t is 60% additional stamp duty for foreigners on top of the regular stamp duty. Wonder how he would react
Texas having mostly 2.2% property tax a year & people are crying like anything to pay it.
The problem we have is because Most people always taught that " you only need a good job to become rich " . These billionaires are operating on a whole other playbook that many don't even know exists.
Money invested is far better than money saved , when you invest it gives you the opportunity to increase your financial worth.
It is remarkable how much long term
advantage people like us have gotten by trying to be consistently not stupid,
instead of trying to be very intelligent.
The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on government paycheck, especially with the current economic crisis around the world. This is still a time to invest in Stocks, Forex and Digital currencies.
Many individuals report success in investing in stocks, forex, and cryptocurrency (Bitcoin), yet I continue to struggle. Can somebody help me out or advise me on what to do?
Even with the right technique and assets some investors would still make more than others. As an investor, you should've known that by now that nothing beats experience and that's final. Personally I had to reach out to a stock expert for guidance which is how I was able to grow my account close to $35k, withdraw my profit right before the correction and now I'm buying again.
This is one of my favorite channel. It always makes my week complete! 😊 Despite the economic downturn, I still manage to earn $35,000 weekly from my investment of $3,500 ..God bless Expert David Ramsey
HOW! I would really appreciate if you show me how to go about it. Please can you list the platforms?
Same here, I started with $3,000 now earning $28,000 bi-weekly profits with his trading program
He's so amazing i still cannot believe one can be this exceptional when it comes to Bitcoin activities
I'm a British citizen. Since I started trading with Mr. David Ramsey a year ago, he has shown to be the best and most reliable broker. I heartily advise him.
He's a great personality in the state 🇺🇸 I'm also earning from him.
When this country and the rich people who come here forget and don't honor God for their accomplishes and wealth, one day God will remind them and this place that everything belongs to HIM.
Ryan you are the gateway for many of us who live vicariously through these experiences you feature.
I was fortunate to first live in Monaco just when they first started developing Fontvieille. The Monegasque are genuinely really great. Later I also spent time living in Singapore, which is a very different but definitely a fantastic place. Having certain traits being very much in common with Monaco.
Are you on whatsapp?
Which of these countries do you prefer?
Blessed
I'm Monegasque and thank you. 💝
Money attracts more money and the biggest bankrolls have the greatest attraction.
Overall, 51% of traders think this year would favor stocks, mutual funds, and other equity-based investments, despite Treasury yields and other safer cash-like investments paying big. I’m looking for opportunities in the market that could fetch me $1m ahead of retirement by 2025
That's impressive, have you always had guidance?
how do I go about it the right way. I’d love to use similar terms as yours.
Yeah! 240k from Jennifer Lea Jenson , looking up to acquire a new house in Ohio is a blessing
I have made more than 90K God bless Jennifer Lea. God bless American
I just withdrew my profits an hour ago.
One lesson I've learnt from billionaires is to always put your money to work, and diversifying your investments. I'm planning to invest about $30k of my savings in stocks this year, and I hope I make profits.
You are right. The best approach I feel is to diversify investments- by spreading investments across different asset classes like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.
That makes sense. I’ve been using a financial market expert for two years now and I own a six-figure diversified portfolio from investing in stocks. I want to diversify more this year, though.
I really want to get in with a financial advisor this year, especially as all markets are hitting highs. I don't want to be too optimistic and end up losing everything.
There are many independent advisors to choose from. But I work with Monica Shawn Marti and we've been working together for almost four years and she's fantastic. You could pursue her if she meets your requirements. I agree with her.
Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance
I had problem comprehending trading in general. I tried watching other RUclips trading channels, but they made the concepts more complicated. I was almost giving up until when i discovered content and explain everything in detail. The videos are easy to follow
I've been making a lot of looses trying to make profit trading. I thought trading on a demo account is just like trading the real market. Can anyone help me out or at least advise me on what to do?
Trading on a demo account can definitely feel similar to the real market, but there are some differences. It's important to remember that trading involves risks and it's normal to face looses sometimes. One piece of advice is to start small and gradually increase your investments as you gain more experience and confidence. It might also be helpful to seek guidance from experienced traders or do some research on different trading strategies.
I will advise you should stop trading on your own if you keep losing.
If you can, then get a professional to trade for you i think that way your assets are more secure
I'd recommend Annabelle Hartfield, her profit is great even when there's a dip
dream big , work smart , live in Monaco ,,,
True statement
First off, I've seen Serhant in real life when was the agent for my friend Chris Hyland's apt and Serhant makes everyone else in the room short, and this Monaco agent makes Ryan look short lol! Having said that Monaco is super fun- in terms of security, you feel super safe in Dubai as well. Great video Ryan now take us to Singapore and Dubai next :)
Singapore it is :)
@@sellitsalestraining As a Singaporean, I can’t wait for your arrival!!
Dubai is a dump compared to Monaco and Singapore 😂😂
I am so fortunate that I made productive decisions about my finances that changed my life forever. I am a single mum living in Melbourne Australia who bought my second home in September and is hoping to retire next year at 50 if things continue to go smoothly for me
Congratulations beautiful lady. You’re really doing well for yourself, I’m 45 and my financiaI Iife is in a mess. Any great tips would really go a long way in shaping my life. I want to buy my own house, that’s really a big flex........
I apologize for late reply sweetie 🥰, I used the FIRE movement to put my finances in order. Then Invested in stocks, cryбtocurencies and reel estate though the assistance of an Investment Pro who helped me make it this big😇
Thanks for your kind response, I would love to connect with youR financiaI consuItant
I'm a beginner. How can i get her assistance?
The perfect rotation would be NYC, Hamptons, Palm Beach, Monaco, St Tropez. But unfortunately I need more money lol
Don't forget Lake Como
Crazy to think this much wealth is out there and its possible 😮
I have studied in Monaco, and I work there. There’s no a better place on earth to live in
Hello Luciano. I am in interested in working in Monte Carlo casino 🙏🏿
No income tax and other incentives draws the money laundering millionaires and billionaires just like in Dubai and Switzerland.
I'm just 1 minute in, but... Boris must be HUGE, since Ryan is already super tall
Tallest Monegasque man I know
Ryan is like 6-3, so Boris must be like 6-6 or 6-7.
Hello Mrs Clarissa the bitcoin trader is legit and her method works like magic I keep on earning every single week with strateg...
Wow I' m just shock someone mentioned expert Mrs Clarissa I thought I'm the only one trading with her
She helped me recover what I lost trying to trade my self..
I think I'm blessed because if not I wouldn't have met someone who is as spectacular as expert Mrs Clarissa I think that she is the best broker I ever seen
When you invest with genius like Mrs Clarissa you don't have any other choice then to keep winning she trading strategies are very productive and reliable. I made quite a huge profit today all thanks to Mrs Clarissa
Can I invest from Australia?
Hello 👋
How favourable is the market now I want to invest in cryptocurrency
Can I start with $3000
I began my investment journey at the age of 38, primary through hard work and dedication. now at the age of 42,I'm thrilled to share that my passive income exceeded $100k in a single month for the first time.this success reinforces the important of the advices mentioned earlier. It is not about achieving quick wealth but rather ensuring long term financial prosperity.
Through closely monitoring performance of the portfolio, I've witnessed a remarkable growth of $483k in just the past two quarters. This experience has shed light on experience traders are able to generate substantial returns even in lesser-known markets it's safe to say that this bold decision has been one of the most impactful choices I've made recently
This past few months watching my forex portfolio decline is very disheartening.holding doesn’t really profits much.
Any idea on how to earn better on the short run?.please recommend to me your Fin advisor
The advisor I'm in touch with is *JESSICA KATHERINE ELLIS* she work with merrill, piece, Smith incorporated and interviewed on CNBC television. You can use something else, for me her strategy works hence my results.she provide entry and exit point for the securities I fucose on..
Thanks so much, I just google her name I'm really impressed with her credentials. I reached out to her since I need all the assistance I can get
It's always better to have a financial plan. Working with a licensed Financial adviser/Manager is a good step to financial stability. The fixed income portion of your portfolio won't simply serve as a buffer to the volatility of the equity portion of your portfolio, but will provide legitimate income.
People downplay the role of a FA, until they are burnt by their mistakes. That's why I've been working with a reliable FA/mentor like YUEN M BIGAN FX
I wasn't sure with investing money for a new car, but I've made over $58k since October 2023 by the help of Yuen M Bigan FX and still bought my dream car. Thanks
@@ZenoKerryIs it possible to get in contact with someone like that?
@@MalaynaPollockhe's name is *Yuen M Bigan FX*
@@MalaynaPollockHe often interacts on Facebook.
I think the craziest part about this place is the 0 income tax.
Still you have to pay VAT.
@@mdadnan8369 And stamp duty, corporate tax, transaction tax, property tax...
A year later Serhant has the Mercedes Benz Residences for sale in Miami. Power of the mind. ❤
📍Do what everybody else is doing if you are okay with only having what everybody else has.Information that will pay you everyday, you've got to stop saving all your money.
Venture into investing some, if you really want financial stability.
Choose to grow and elevate your mind by studying audios, videos, attending conferences that will give you the edge!
Agreeable, money is always ready to work for anyone who is ready to employ it. That is why it’s always advisable to start up an investment. I have researched about XRP as a digital asset investment and I believe it to be very profitable.
@@stanislavatlas7301Good luck with that?!!!
"It's not a tax haven"... Meanwhile there's 0% personal income tax
Lol indeed this guy.....that real estate guy really thinks people are dumb. Ofcourse by far the biggest reason people live in Monaco is because it's a tax haven. There is also no wealth tax and no heritage / gift tax if u are a spouse or child of the deceased.
@@peakyblinder9194 Yet we pay one of the highest VAT rates in Europe, our corporation tax is higher than Germany's, we pay stamp duty, transaction tax, property tax. Almost no country in Europe has wealth tax, and here the prices for residences is a quasi tax (well, for some) and the fact that sometimes you pay insane prices for mediocre products and service. But I guess that happens everywhere where money gathers.
I’m going to Nice and Monte Carlo for my 10 year wedding anniversary in August! I can’t wait!!!!
Monaco, there is no substitute!! Thank you for being part of my life. Monaco is magic.
Couldn't agree more!
Did you go to Jimmy’z?
It's interesting to me that most of the buildings you see look like 20th century soviet apartments
Well Soviet style they are not but the majority was indeed built in the '60s and '70s. Though these days there is construction everywhere to build new residences while the old ones are starting to disappear. Doesn't mean they are any cheaper than the new ones but the older ones usually have more space for the same amount of rent.
I have been to Monaco a few times because I was influenced as a child by the Cary Grant + Grace Kelly film To Catch A Thief . It is a strange feeling walking around this little principality day and night feeling safe all the time. The real charm to me was the old town where the palace is located. A great place to have a meal. The Musée océanographique de Monaco was a highlight attraction.
You can feel safe all the time in the majority of European cities, I don't know what's this weird take, I walk around with 50k watches in Spain.
I'm sure?!?😊
Thats ironic, because thats where all the worlds thieves have relocated to?!!!
@@TheDarckmaNo, most of the time they'll just steal your purse or wallet?!!
Do one on Lichtenstein. Only spot with any real secret banking left
Ooooo 🤔
Was here last week! Honestly one of the most motivating places you could ever visit in the world in my opinion. If you need a rocket up your arse to go and achieve something with your life. Go here for a weekend
Please do more videos like this. I wanna see more places where the luxury resides.
Where you don't punish wealth, wealth congregates.
Pretty much the same with the poor
You're right Ryan no place on Earth compares to Greece's beaches.
We have a place right near the beach, we pay tax, In South Africa, no traffic, the property is cheaper than most places in the world we have an insane view, no rat race! and lots of peace!
I like how he asks "Why is Monaco so wealthy?" and then answers his own question with the next question "Why is there no income tax?
Get smallest possible apartment directly facing other building as address just for tax purposes. Actually live in large mansion in Saint-Tropez and go to Monaco to collect mail. That's how to do it.
This was awesome Ryan.
Your vids on this channel have changed how I operate entirely... I am 22 and started my own private practice/consulting firm in March of this year, alongside my full time role as a senior analyst, and I am excited to say my firm will do $70,000 in profit this year... I was going to wait until I was 25 to start this firm, but your perspective pushed me to do it sooner!
Great job!
Well done! Bravo!
@@sellitsalestraining Respekt. So it is
ameen:)
You’re consulting, at 22?
Anna Maria Island, Florida. I met a guy who says:
" I've been to every island in the world, I even own a few, this is my favorite island."
It was mine too. I lived there for four years.
Lived here 14 years now, great base. Hope you had a good time Ryan.
It was! Definitely won't be my last time
I have a good friend who is a billionaire and they own a home in Bermuda. They are not alone. You may want to explore that spot next. Thanks for the excellent and valuable content, Ryan!
Interesting!
@@sellitsalestraining He also owns homes in Aspen and London (as well as several other places) so you may research those locations as well.
Tell him to come to Namibia for oil business
I once stayed at an AirBNB in there where one exit of the building lead you into Monaco, and the other exit of the building lead you into Monton, France haha tbh, it's kinda boring there but nice to go every once in a while
Menton? Monton is a village in the City of Salford, Greater Manchester, England
You didn't. What you say is not possible.
Menton is about 20 minutes drive from Monaco so I call BS
20% VAT, property tax, but its low
I´ve been in Monaco last year and it´s truly something else, not only the quality of life but I felt a big civic spirit, which is rather difficult to find in south of Europe (Portugal is where i come from). I was also astonished to find so many places where you could eat a quality meal for 20€!! Even gas is cheapear in Monaco, at least compared with Portugal. Did you got to see the Prince´s Car Collection?
me alegra!
How safe is Portugal nowadays Iam planning to travel there Next year, I have been all over Europe and Africa But so far not Portugal
@@mas1085 Pretty safe! One of the top safest countries in the World (6th i believe). A lot of people have been moving to Portugal because of safety reasons actually.
@@joaoribeiro6641 Muchas gracias por la información
@@mas1085 why the fuck did you answer in Spanish?
I spent a Lot of time in Monte Carlo, its Beautiful! Stayed w, friends and at Hotel De Paris, had lunches at Cafe De Paris, played at the Casino. One great Restaurant to try is, Cafe Romantica...❤
Enjoyed this! Always fun to learn about somewhere new. Never miss one of your videos. Always entertaining and I always feel I learned something:)
Love to hear it :)
The fact that nobody talks about the book whispers of manifestation on borlest speaks volumes about how people are stuck in a trance
I lived one mile from Monaco for 14 years . I would never ever move in that place even if you gave me a new home or condo I would not accept it.
There are so many more beautiful places to live , there you live surrounded by buildings and you never get to see the sun. I hated going there , you need to be crazy to live there
Ok so you basically couldn't afford to live in Monaco and lived in Beausoleil instead (very telling already), but seemingly couldn't be any more jealous of the people who made it. Oh there are definitely nicer places, but I have plenty of sun at home or when I walk around. So come off your tiny horse and stop being a drama queen.
😂😂😂 so you couldn’t afford to live in Monaco and had to live in Beausoleil instead. God your jealousy is sickening
How is there no crime? With that many rich people in one place you would think that is where criminals would go. Look at the Miami F1 race. Always hear about millions in watches go missing during that event.
There’s cameras everywhere… just a fantastic place. We left our convertible in a valet parking spot open and a lot of camera equipment on the back seat. Three hour lunch, returned and everything was fine… it’s just a great place full of polite people!
Way too much money for them to let that happen..
WHAT DO YOU THINK THIS PLACE IS?
CHICAGO?
It's interesting how much of an American he is, he says nothing about cultural activities, theater, libraries, concerts, live music, international food, nothing just sports, money, and celebrities.
Did you expect otherwise? 😂
Wow, what a take. From a fellow Houston, Texas born, 19 year expat in Prague with much EU travel. I know many Europeans of different socioeconomic levels and they speak about sports, projects, from wishful dreamers, to people moving and shaking etc..Why should he be different? Especially since he is only showing something more improvement, inspiration based? Undercover hater maybe? Read the room, notice the direction of his people’s comments….
Are you surprised? The man is shallow as a puddle.
Why would you expect all that from a luxury property agent? If you want a travel guide video - perhaps look at channels which produce that kind of content. Not that hard to do, even for you.
I'm here now! I agree with Ryan, one wants to be around people of similar socio economic means. There is a commonality of residents (non Monegasque) knowing that most people you meet have been pre vetted. It's kind of like a country club feeling. Yes the tax benefits are great but having to be here physically for 6 months minimum a year can actually be tough if you have to travel for business. But it's great.
The give and take in the world of the .01 percent is crazy.
Please describe. And how does one avail oneself of that? Is it that one has surplus so one can help people because one knows it comes back in spades later and if it doesnt that is ok too? Btw. Please ask the rich guys how one cultivates motovation
@@snorttroll4379 Their motivation is to stay rich. Stay in Monaco, if you like. But I agree with you. For me to be wealthy means you must do something for others with your means.
Once i came to monaco i decided in future i want to have apartment in this city; hope so it will became quickly
I belive in myself and I believe that one day, I will be riding my Lamborghini here
Awesome video, I love Monaco, I always stay at the hotel hermitage when I visit… Ryan should visit Luxembourg next
Diego stayed at the Hermitage...I stayed at the Hotel de Paris
There is a new upcoming stop to replace the Monaco getting build/invested on the Adriatic bay, guess the location :)
Monaco is amazing. No one is living below the poverty line. There is no slum area in Monaco. The Monagasques can get rent subsidies if needs be and they get preferential employment treatment. That is thanks to Prince Albert who runs this country really well for not just the rich but for everyone. I'm surprised Ryan didn't mention the new $ 2.3 billion real estate development currently under construction called Maraterra. It is expected to be completed in 2025 and will have 1000 units which I believe are now all bought from the blueprints. Thanks for the video.
P.S., You didn't just get off a plane because there are no airports in Monaco. You may have just gotten off an helicopter that brought you in from Nice where they do have an airport.
@@PG-lz5tw -HA HA HA
@@PG-lz5twLMFAOOOOO
Economic diversity 🤣 lmao
interesting
@@gaara4667What's so funny ?
Tax incentives are AMAZING there. If I was rich I would absolutely move there and set up a shell company to run my empire remotely 😂
Trading with the expert trading services of Owen Arthur. With his strategies I have been able to recover what was lost and I continue to win.
A wise person must known that in order to build success, they must invest wisely and have the proper knowledge or guidance in the financial market.
Trading with the expert trading services of Owen Arthur. With his strategies I have been able to recover what was lost and I continue to win.
I think he trades for everybody I know. Met him twice at a conference in Germany, after his lecture I had to personally beg him to be my Financial Adviser. I celebrate his strong feet.
_Owen Arthur Edgar_
I-G, h a n d l e
If you thought 6% was a lot for a buyer to pay in "house tax" Serhant, it's 12% in the UK.🥴
(Well, 12% for the type of houses we're thinking of.)
It would be amazing If you could do such a Video about Dubai 😊
Guess Diego and I will have to go back :)
Dubai sucks big time.
“Just got off the plane”
“Flew in earlier this weekend to see the race”
01:18 is Boris 2,2m tall?
Tallest native monegasque I believe!
That's perfect place to live in happy and safe life good best place where every normal person should live
This is really inspiring video, thank you for everything you do Ryan😊
Why Monaco is the World’s RICHEST Country because at one time someone lived with a man(S mujikom)
If you wanna be successful, you most take responsibility for your emotions, not place the blame on others. In addition to make you
feel more guilty about your faults, pointing the finger at others will only serve to increase your sense of personal accountability. There's
always a risk in every investment, yet people still invest and succeed. You most look outward if you wanna be successful in life.
Living in one's "comfort zone" is a
contributing cause to the plight of
young people.
they said when you invest little money you earn big,
There is a difference between ''the richest country'' and '' the country with the richest people ''
Has the highest gdp per capita of any country in the world at USD 275’000 so it’s pretty accurate
*Given the current economic difficulties that the country is experiencing in 2023, how can we enhance our earnings during this period of adjustment? I cannot let my $400k savings vanish after putting in so much effort to accumulate them*
Well the bigger the risk, the bigger the reward and such impeccable decisions are better guided by professsionals
True, I have been in touch with a financial advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.
I started out with an FA named Harry Brenda Ava Her honest approach gives me complete ownership and control over my position, and her rates are incredibly affordable given my ROI. She's On NET
I've taken the initiative to research Harry Brenda Ava online and verify her credentials. I'm impressed with her expertise, and I've reached out to her to share my financial market goals in detail.
Would be an interesting video if there wasn't constant background noise (bloody annoying "music").
Thank you for the content!! All we need is the right advice on how to invest in crypto and we will be set for life. I made about $21,000 weekly from trading last year regardless of the market conditions😊
Trading crypto now should be wise. but trading without an expert isn't advisable. I tried trading on my own but keep on losing. I think I'll give her a try
A lot of people still make massive profit from the crypto market, all you really need is a relevant information and some < professional advice. < it's totally inappropriate for investors to hang on while suffering from dip during significant
As an Ontarian I can’t understand how small Monaco is.
Singapore!
Interesting!
Thank you for impressing us, again! I never knew Monaco is such a lovely place, and it is for the riches!🎉 another dream place for retirement❤
I’ve been to Monaco, can’t say I was a fan. The people are snobs and the city itself isn’t that amazing. I found it to be boring.
Their aquarium was really cool though!
*Amazing video, you work for 40yrs you have $1m in your retirement, meanwhile some people are putting just $10k into trading from just few months aga and now they are multimillionaires
Waking up every 14th of each month to $58,000 it's a blessing to i and my family... Big gratitude to Alvarez Harry Hanlon
Wow 😲I know this Man mentioned here . He's really good with and on his job. He's helped a couple of families and individuals' finances
You don't have to be surprised, That's exactly her name( Alvarez Harry) so many people have recommended highly about him I'm huge beneficiary of his platform from Brisbane Australia
You don't have to be surprised, That's exactly her name( Alvarez Harry) so many people have recommended highly about him I'm huge beneficiary of his platform from Brisbane Australia
I'm from Alberta Canada I use to take loan from my bank for survival but after I came in contact with him I'm Now a credit not a debtor anymore bought my first car last month
You're going to be very rich in November 2024
According to the International Monetary Fund’s data for April 2023, Ireland is the richest country in the world, followed by Luxembourg and Singapore. Monaco is not mentioned in the top 15 richest countries in the world in 2023. However, it is important to note that there are different ways to measure a country’s wealth, and different sources may provide different rankings. For example, according to USA Today, the United States is the richest country in the world with the highest GDP as of 2021. Monaco is mentioned as the richest country in the world when measured by GDP per capita. So, it depends on how you define “richest” and what metrics you use to measure it.
GDP is not a measure of “wealth” or "being rich" at all. It is a measure of income that does not include expenditure or debt. It is a backward-looking “flow” measure that tells you the value of goods and services produced in a given period in the past. It tells you nothing about whether you can produce the same amount again next year. For that, you need a balance sheet - a measure of wealth. Companies have balance sheets as well as income statements. Nations don’t.
God I’d be embarrassed to even post this. Why would you want to make yourself look like a fool? It doesn’t “depend” on how you define richest, GDP doesn’t measure wealth 🤦🏼♂️
@@bambam82914 If that was the only thing you get with all the explanation then yes you dumb af. You need me to explain why I put "depends"... 🥴
It surprises me that the residency of Monaco seems quite easy to obtain by the rich (UK previously needs 2M investment and AU needs 5M). I had initially thought that residency rights in these super rich countries would be very difficult to get, just like Switzerland and Liechtenstein.
Yes it's extremely easy. It can take 15 days unlike the one in the USA that you will never get anyway unless you get married to a US citizen or Canada or any other country for that matter. Plus Monaco is not xenophobic like those Canada who bans foreign buyers from buying in their country. Monaco is a very business friendly country and extremely safe and welcoming to everybody.
@@Carolinapetroska 😂😂😂 ok, unless you know the chief of police personally it does NOT take 15 days. It might take 15 days to get the appointment but the whole background check and application process takes FAR longer. And calling Monaco "business friendly", ok you are obviously joking. Setting up companies (and let's not even get started with Bank accounts) is extremely cumbersome, especially for industries which require licences.
@@Carolinapetroska15 days 😂😂 🐂 💩
No one is going to talk about the 2 people in the backseat of the car? Ryan is really just in an Uber for this video.
Great video Ryan! Would be great to see a similar one about Gibraltar 🇬🇮. Another tiny country on the Med where the Real Estate sector is booming!
Gibraltar es una colonia británica en territorio español Con resolución de la ONU para descolonizar desde 1968,y pronto empezará su partida de territorio nacional español,
No matter how much money I have I would never want to live there only because of the people who live there.
Ah, but then you don’t really know anyone here. Some outstanding people, but then how would you know 😂😂
hey Ryan great vid as always, i loved watching you years ago on New York real estate show, you were one of the best brokers, do you think NY real estate will bounce back? or do you think new york commerical real estate is dead forever now? or will it take decades to bounce back?
Share your blessings..
Despite the economic crisis, I still thank you 🙏 for the level-headed financial advice. I started stock and crypto investment with $4,345 and since following you for few weeks now, I’ve gotten $12,539 in my portfolio
Thanks so much Mrs. Tarina Rodgers
I'm surprised you know her too, I have been making a lot of profit investing with her for a few months now.
I Was skeptical at first untill I decided to try. Its huge return is awesome! I cant say much.
she often interacts on Telegrams, using the user name written below
Tarinarodgers💯