We're just one week away from the launch of a new episode of our flagship series-Live Like a King! The next episode will premiere on December 30. Save the date and turn on notifications! Can you guess which city we will be showcasing?
Hong Kong is so great for the upper middle class and is amazing for the high networth. Many Taiwanese expats have been enjoying working in HK and the after tax income is so so great and the living costs are not that high at all. I❤HK
@@Axiomatic75 yeah , ccp ruined hong kong for everyone . Earlier HongKong used to be a hub for financial institutions but now many companies are leaving HongKong , you never know when CCP will increase the taxes and ruin it forever
its the easy way to get into china to diversify while their stock market is low and their real estate is being slowly drained. but i agree, I wouldnt super be interested.
I noticed Romania never makes the list. Yet the cost of living and the tax regime blows some of your picks out of the water. Maybe you can do a video on a city in Romania too?
I think it’s cause Romania has a poor reputation. Like lots of organized crime, corruption, etc. don’t get me wrong I’m flexible and would gladly chill on the coast chatting up tourist all day. But my primary bank account wouldn’t be in Bucharest. Also Bulgaria is right there and is and has way more potential. Fast growth, faster currency growth, lots of tourism growth. If you were going to invest a couple million into a beach side hotel or something. Do you chose the place with increasing values relative to you that also offers easier citizenship/ residency options? Or the poorer neighbor? And yea Romanian has a higher gdp. But gdp don’t mean anything. The us has a gdp probably literally hundreds of times higher. And 1/3 of the population still lives horribly. If if wonder of unimportant gdp is to normal people. Just ask “would I rather be lower working class in the United States (like I live in the projects) or in France or Germany”? Yea gdp really don’t mean shit for half of society.
@@humpteedumptee8629 Unless he or someone from his team responds you and I can only speculate about the reason. But stereotypes should not be a reason. If it was he would not have done a video on Egypt which would not allow him to film in certain places or South Africa which is one of the most dangerous countries in the world. As for banking, someone with 7 or 8 figures can bank anywhere in the world. I would not choose Romania or Bulgaria for banking. As for the 'poorer neighbor", Romania's GDP is 3 times higher than Bulgaria so I don't think that applies. In general in the bigger cities English is widely spoken in Romania in comparison to Bulgaria. And if you're an entrepreneur from Latin America or generally speak Spanish you have an easier time learning Romanian, which is also a Romance language than you would Bulgarian or Serbian (another neighboring country on the list) or Turkish (another country in the region that's always tied to global conflict). Anyway, I enjoy the videos and these are just my observations. Cheers!
@@C-Trader yea you kinda already answered the question lol. Turkey is next to 3 war zones, Serbia was a war zone. Austria is as close as I’ve gone to the Balkans. But you know how humans can extrapolate data. If I live in a country that committed mass genocide and had slavery almost 200 years ago. And I still hearing about it every single day dame near. Then I could imagine in Serbia, or any former Yugoslav country you’re hearing about it. That doesn’t require genius level intuition to understand. I’m sure the dudes helped people move to Romania, I’ve seen him tip toe around Serbia, Montenegro, and Macedonia. But my last speculation is probably the primary reason. All of these countries (and Bulgaria) have easy access to residency and citizenship. And his primary business model is based on “so how much you got? Ok here are places you can pay 100k-1m right now and they will make you a citizen in the next 1-24 months”. So once again Bulgaria you buy a couple hundred grand in real estate and your citizen by the end of the year. And the currency and value of said real estate is growing fast than most countries, that alone secures return in investment. Romania don’t do that and is slower growing. Soneffect you could buy Bulgarian citizenship while investing in a project or doing your own. Make whatever you make off it for 5-10 years (whatever the required time is). And then sell to capture all the appreciation. Or keep it and just have a bunch of Bulgarian currency that will have favorable conversion to euros once they switch over.
I visited Hong Kong for the first time this year. It was like being in the Blade Runner movie or CyberPunk 2077. Interesting experience, but no thanks.
When I was last there in 1998, it was a dirty hell-hole, so it will be interesting to see how it has changed (I'll be flying back next month, for one week).
I hope I will be told when Singapore becomes the most expensive city to live in. Unlike declining Hong Kong, the place has a future! (If they can solve their aging problem, that is.)
Been to Hong Kong every year since 2003, it has not changed much living wise, the buildings have. I feel safe in that city than I do in Melbourne, and the transport is awesome. Hope to move there one day.
It's like what Puerto Rico is to America in a way...like Macau is part of China but they have legal gambling which isn't in the mainland...no government is perfect...
Oh my God, I live in Hong Kong. I have lived in New York for most of my life. Let me tell you life under the CCP is much better than under the RNC-DNC. I moved to hong kong by chance during covid and I'm never going back.
Great healthcare. Great education. Low tax. business friendly. No insane woke culture but not too conservative either. The infrastructures actually work. new development opening everyday. Clean Subway. No homeless people and coincidentally housing is actually affordable now as this video suggests.
living at the mercy of the CCP is better than at the mercy of any western country's democracy that i know. China is in fact a very low tax country, and i feel more free than in the west, in where countries tax you to the bone so they can spend in propaganda that makes you think China is horrible, when in fact you dont even pay property tax in China, you pay most times zero taxes for everything you make outside of China, and very little taxes for the money you make in China. In exchange of those very little taxes you have the best infrastructure in the world, nice clean and safe cities, and better education and public healthcare than in the vast majority of western countries, and everything is very cheap.
Thank you for speaking the truth about Hong Kong. Too many people are biased against anything China right now and they don't see what we see on the ground. I have lived in New York for most of my life and I don't want to go back anymore
Just wondering if KL actually a good place to invest, given expats are paying higher price than local citizens for the same property. It’s not a level playing field to start with and imagine when you need to divest the pool is smaller.
Property prices in Hong Kong have been falling since 2018 and they are still falling. If you believe the CCP will treat Hong Kong better in future then go ahead and buy. If not - they’ll just keep falling.
It makes no difference - they aren't letting you in unless you're personal friends of the Prince. Monaco has suspended applications for residency in 2022, and, closed the process for new applicants - the wait for those who made it in before the cut-off was 2yrs. Monaco has limited space and most people can't afford to legally live there.
And people in the West weren't forced to be locked in their own homes? Weren't they forced to be vaccinated against their will? Double-standards at its best.
Well his comments about New York, and particularly the subway system, that's pretty timely, given that the new standard is you can apparently be SET ON FIRE.
3:14 yeah and then when your property value increases so does your property taxes 4:45 I saw undercover interview of a watch criminal in London and he has no remorse stealing expensive watches from people because his belief is that the victims can afford to buy another watch
Can u trust the Chinese government long term? USA is definitely not an option. I like Japan but I can speak the language. Most of my income is outside Japan.
Due to political implications, I would avoid HK at all costs. China is steering HK towards itself and will be amalgamated with the neighboring regions. HK is finished and no longer autonomous.
One thing I know for certain is crypto is here to stay, the only thing that leaves is the people who don't manage their risk. Manage that, or the market will manage it for you. With the right strategies you will survive.
Like most of that part of the world the only options are: * By descent * By Exception (highly unlikely to happen) * By Investment (most people aren't going to start a large enough business (2500+ local employees)) Central and Eastern Europe simply don't want outsiders, and even if by some miracle they let you naturalize, you'll always be an outsider to them, its just their culture that they actually want to protect unlike 'western' Europe.
![Blox Fruits Dragon Rework Update [Full Stream]](http://i.ytimg.com/vi/EqDAp8udhm0/mqdefault.jpg)
We're just one week away from the launch of a new episode of our flagship series-Live Like a King! The next episode will premiere on December 30. Save the date and turn on notifications! Can you guess which city we will be showcasing?
Merry Christmas, Mr. Henderson!
I'm booked to fly to Hong Kong next month - my first time there since 1998.
World no 1 snooker player Judd Trump has just become a HK resident. Ronnie O'Sullivan had also become a HK resident a few months ago.
I live in Hong Kong/China, just a slightly cheaper version. It's called....Sydney
made me laugh
More than slightly bud… 😅
I would prefer Zurich to almost anything else as primary residence any time
Hong Kong is so great for the upper middle class and is amazing for the high networth. Many Taiwanese expats have been enjoying working in HK and the after tax income is so so great and the living costs are not that high at all. I❤HK
You mean the Chinese government allows TAIWANESE into their nation?
Hong Kong used to be great, but the CCP has made it much less interesting for any type of business.
@@Axiomatic75 yeah , ccp ruined hong kong for everyone . Earlier HongKong used to be a hub for financial institutions but now many companies are leaving HongKong , you never know when CCP will increase the taxes and ruin it forever
Hong kongers left for europe, malaysia, canada.
its the easy way to get into china to diversify while their stock market is low and their real estate is being slowly drained. but i agree, I wouldnt super be interested.
@@keangwooichoo6138and the UK
how so?
I'm in Hong Kong now and eager to get out. It's not all it's cracked up to be 😅
Get in touch with our team: www.nomadcapitalist.com/apply/
We'll be happy to discuss your case!
RE: Hong Kong: That should be 2600 USD per square foot, not 26 thousand.
@26,000 HKD hes referring to, not USD.
San Antonio be having them tacos though 🌮🎉
I noticed Romania never makes the list. Yet the cost of living and the tax regime blows some of your picks out of the water. Maybe you can do a video on a city in Romania too?
Are you in Romania right now?
I think it’s cause Romania has a poor reputation. Like lots of organized crime, corruption, etc. don’t get me wrong I’m flexible and would gladly chill on the coast chatting up tourist all day. But my primary bank account wouldn’t be in Bucharest.
Also Bulgaria is right there and is and has way more potential. Fast growth, faster currency growth, lots of tourism growth. If you were going to invest a couple million into a beach side hotel or something. Do you chose the place with increasing values relative to you that also offers easier citizenship/ residency options? Or the poorer neighbor?
And yea Romanian has a higher gdp. But gdp don’t mean anything. The us has a gdp probably literally hundreds of times higher. And 1/3 of the population still lives horribly. If if wonder of unimportant gdp is to normal people. Just ask “would I rather be lower working class in the United States (like I live in the projects) or in France or Germany”? Yea gdp really don’t mean shit for half of society.
he always recommends places where he can make money. He constantly shills some shitholes like turkey for that reason.
@@humpteedumptee8629 Unless he or someone from his team responds you and I can only speculate about the reason. But stereotypes should not be a reason. If it was he would not have done a video on Egypt which would not allow him to film in certain places or South Africa which is one of the most dangerous countries in the world. As for banking, someone with 7 or 8 figures can bank anywhere in the world. I would not choose Romania or Bulgaria for banking. As for the 'poorer neighbor", Romania's GDP is 3 times higher than Bulgaria so I don't think that applies. In general in the bigger cities English is widely spoken in Romania in comparison to Bulgaria. And if you're an entrepreneur from Latin America or generally speak Spanish you have an easier time learning Romanian, which is also a Romance language than you would Bulgarian or Serbian (another neighboring country on the list) or Turkish (another country in the region that's always tied to global conflict). Anyway, I enjoy the videos and these are just my observations. Cheers!
@@C-Trader yea you kinda already answered the question lol. Turkey is next to 3 war zones, Serbia was a war zone. Austria is as close as I’ve gone to the Balkans. But you know how humans can extrapolate data. If I live in a country that committed mass genocide and had slavery almost 200 years ago. And I still hearing about it every single day dame near. Then I could imagine in Serbia, or any former Yugoslav country you’re hearing about it. That doesn’t require genius level intuition to understand. I’m sure the dudes helped people move to Romania, I’ve seen him tip toe around Serbia, Montenegro, and Macedonia. But my last speculation is probably the primary reason. All of these countries (and Bulgaria) have easy access to residency and citizenship. And his primary business model is based on “so how much you got? Ok here are places you can pay 100k-1m right now and they will make you a citizen in the next 1-24 months”. So once again Bulgaria you buy a couple hundred grand in real estate and your citizen by the end of the year. And the currency and value of said real estate is growing fast than most countries, that alone secures return in investment. Romania don’t do that and is slower growing. Soneffect you could buy Bulgarian citizenship while investing in a project or doing your own. Make whatever you make off it for 5-10 years (whatever the required time is). And then sell to capture all the appreciation. Or keep it and just have a bunch of Bulgarian currency that will have favorable conversion to euros once they switch over.
Panama is a great option
I visited Hong Kong for the first time this year. It was like being in the Blade Runner movie or CyberPunk 2077. Interesting experience, but no thanks.
When I was last there in 1998, it was a dirty hell-hole, so it will be interesting to see how it has changed (I'll be flying back next month, for one week).
Hong Kong is amazing for business and life. I love being here!
You should invest with cation in china right now as it still is in an deflationary cycle with no market bottom in
I hope I will be told when Singapore becomes the most expensive city to live in. Unlike declining Hong Kong, the place has a future!
(If they can solve their aging problem, that is.)
Been to Hong Kong every year since 2003, it has not changed much living wise, the buildings have. I feel safe in that city than I do in Melbourne, and the transport is awesome. Hope to move there one day.
and be at the mercy of the CCP?
It's like what Puerto Rico is to America in a way...like Macau is part of China but they have legal gambling which isn't in the mainland...no government is perfect...
Oh my God, I live in Hong Kong. I have lived in New York for most of my life. Let me tell you life under the CCP is much better than under the RNC-DNC. I moved to hong kong by chance during covid and I'm never going back.
Great healthcare. Great education. Low tax. business friendly. No insane woke culture but not too conservative either. The infrastructures actually work. new development opening everyday. Clean Subway. No homeless people and coincidentally housing is actually affordable now as this video suggests.
living at the mercy of the CCP is better than at the mercy of any western country's democracy that i know.
China is in fact a very low tax country, and i feel more free than in the west, in where countries tax you to the bone so they can spend in propaganda that makes you think China is horrible, when in fact you dont even pay property tax in China, you pay most times zero taxes for everything you make outside of China, and very little taxes for the money you make in China.
In exchange of those very little taxes you have the best infrastructure in the world, nice clean and safe cities, and better education and public healthcare than in the vast majority of western countries, and everything is very cheap.
Don't You mean the CPP?
It’s crazy how some cities make you pay for high real estate AND sky-high taxes. Maybe it’s time to consider the 'expensive' cities as a bargain? 🏠💸
I’m interested in investing but feeling a bit lost on how to get started. Any recommendations?
Crime in London is now ridiculous.Even women a nice Birkin are targets of crime whilst walking from their car to the front door of a hotel.
No it's not. The number of homicides in a year in London are the same as the monthly homicides in high crime American cities.
Thank you for speaking the truth about Hong Kong. Too many people are biased against anything China right now and they don't see what we see on the ground.
I have lived in New York for most of my life and I don't want to go back anymore
Just wondering if KL actually a good place to invest, given expats are paying higher price than local citizens for the same property. It’s not a level playing field to start with and imagine when you need to divest the pool is smaller.
Please don't dump more immigrants in Switzerland
Proud Punjabis are coming 💪
I prefer Malaka to KL.
Property prices in Hong Kong have been falling since 2018 and they are still falling. If you believe the CCP will treat Hong Kong better in future then go ahead and buy. If not - they’ll just keep falling.
what about Monaco - EUR 50.000 - 100.000 a square meter ?
Cheap is relative to returns and appreciation as well as leverage
Not an established market. London has more transactions in 10 minutes, than Monaco has in 1 year
Correct - yet still it’s a country with its own market …
It makes no difference - they aren't letting you in unless you're personal friends of the Prince. Monaco has suspended applications for residency in 2022, and, closed the process for new applicants - the wait for those who made it in before the cut-off was 2yrs. Monaco has limited space and most people can't afford to legally live there.
what about calculating f2 vs. m2 correctly at 0.092903
Exactly lol
Hawaii?
that is not the correct list, it should have other cities
Did we forget how Hong Kong residents were trying to escape the quarantine camps in 2021? No way.
And people in the West weren't forced to be locked in their own homes? Weren't they forced to be vaccinated against their will? Double-standards at its best.
@@ailiton Neither are good. No one is defending the North American continent. 🤣
Vancouver
Well his comments about New York, and particularly the subway system, that's pretty timely, given that the new standard is you can apparently be SET ON FIRE.
I don't really want to live in an apartment in ANY city.
The lady that got lite on fire in NY, Doesn't have any taxes.
'Murika 🇺🇲
😂😂
3:14 yeah and then when your property value increases so does your property taxes 4:45 I saw undercover interview of a watch criminal in London and he has no remorse stealing expensive watches from people because his belief is that the victims can afford to buy another watch
CRYPTO friendly.
Thank you, Andrew
Hong Kong in the house! It's not for everyone. I love the easy fast money, pace and gals. Flat paid off and keeping my money away from Uncle Sam
How is Honolulu not on that list
Hey andrew please make video live like a king in Germany.
i don't think you can live like a king in Germany because of European taxes until and unless you're centimillionaire
LOL 😂 asking for the impossible
@@mishrashivang the taxes aren't even in my top 5 reasons about why Germany is an instantaneous _"NOPE"._ 💀
@@asparrow9876 tell me some of your reasons . ENLIGHTEN ME MASTER
@@mishrashivang 1. Immigration.
Can u trust the Chinese government long term? USA is definitely not an option. I like Japan but I can speak the language. Most of my income is outside Japan.
Rent and put the equity in BTC. It’s up 125% in a year.
yeppp.... shhhh don't tell everyone... delete the btc comment... I would
As a Christian, religion never seems to be mentioned but is a big part of my decision.
Let go of silly superstitions
Traditionally Orthodox nations would be worth your time to consider. My family and I have never been happier
Well dubai(uae) is safier than germany/sweden/belgium/netherlands/france/uk if u are a christian 😅
Very mature.
Simple 2 min google search will help ya out bud.
how is India?
@@spandanbarve1066 corruption at it's peak , you can't get a single thing done without bribing someone
Shithole. 0 civic sense society. High taxes.
Have you heard of decoupling?
Isn't it only a problem for the US? The rest of the world does not care about its decouplings.
Where does one have to go in Switzerland to 'only' pay 100k a year in tax, that is cheaper than what is on offer in Italy
How about bali, Indonesia?
Too many Australians over there.
what’s that mean ?
Cesspool these days compared to many other places in SE Asia and polynesia.
Hk is a great place to live. Been here for over 18 years now
that doesn't mean it will be a nice place to be once Chinna takes over
How do you like the news media now they have completely destroyed HongKong's newspapers?
@@davidanalyst671 Hong Kong was returned to China 27 years ago and it is significantly better than it was before the handover.
yeah but you. are not in the USA or Europe... better women there. Now if you have your wife and kids. It could make sense. I actually like my country.
London really isn’t that bad.
Every is relative. Relative to other options London isn't worth mentioning
Swiss Alps 😮😅😊
Andrew, crime is not "out of control" in NYC. Yes, there has been an uptick, but it's not the movie "Warriors."
hk finished since china took over, not worth considering, has changed immeasurably
How so?
CIA bot.
What about Monaco.
Thank you for watching. This short answers the question: Is Monaco still relevant as a low-tax destination? ruclips.net/video/3tSYwTBynSg/видео.html
Due to political implications, I would avoid HK at all costs. China is steering HK towards itself and will be amalgamated with the neighboring regions. HK is finished and no longer autonomous.
Many people around the world think China is doing things the right way, and the West is not.
Have you never been there? Sounds like you are basing your decisions on media propaganda !
One thing I know for certain is crypto is here to stay, the only thing that leaves is the people who don't manage their risk. Manage that, or the market will manage it for you. With the right strategies you will survive.
You Should Cover Ways By Getting Slovak Citizenship
Thank you for your comment. We cover Slovakian citizenship in our Nomad Passport Index: nomadcapitalist.com/nomad-passport-index/passport/slovakia/
Like most of that part of the world the only options are:
* By descent
* By Exception (highly unlikely to happen)
* By Investment (most people aren't going to start a large enough business (2500+ local employees))
Central and Eastern Europe simply don't want outsiders, and even if by some miracle they let you naturalize, you'll always be an outsider to them, its just their culture that they actually want to protect unlike 'western' Europe.