Andrew, I have property in Colombia, and have spent many years visiting Colombia. I am not 100% convinced that it is all that great for expats and taxes. Also, if you are not renting and you own a place, you have to be very carful about the cost of an "Administration Fee", very much like a condo fee. These fees are very much unregulated and can be affordable one year and out of sight the next year. My wife and I our going crazy with our monthly fees on the two apartments we own. If you purchase in Colombia, try to purchase a place without "Admin Fees". We prefer a place that is in a residential community, with low admin fees.
Argentinean here, it's a beautiful, huge and diverse country indeed, founded in the same principles as te US. But modern day Argentina it's a tax hell. Come to visit or to live for some months of the year don't buy a property, don't open a bank account. Argentineans are super friendly with foreigners, specially if they bring dollars. Also for residence, citizenship and investment Uruguay it's by far a better option Andrew must check out, they have like a 10 year exemption of most taxes for new residents Wich only requires 60 days of presence in the country by year and better banking system than the average in Latin America.
No te preocupes nadie que tenga entendimientos básicos de economía es tan loco como para abrir un negocio en Argentina 🤣🤣🤣 lo siento eh pero poca libertad económica, populismo de izquierda y actitud hostil hacia las empresas hace de Argentina el último lugar en Latinoamérica dónde invertir.
I’d Been to Mexico and Central America . Mexico is perhaps the most misunderstood, underrated country in the world . It is very cheap for the quality. It has amazing, nature culture , food , and property. Americans have fear of Mexico because of immigration and the news but it couldn’t be further from the truth.
Depends on what part of Mexico, just like I wouldn't advise anyone to live in certain parts of the U.S. when I was a missionary in Mexico I lived in Oaxaca and Puebla, I didn't fear for my safety, other than getting lost in the mountains in Oaxaca. The culture, the people and the beauty of Mexico is something I wish everyone had a chance to experience.
I live in Medellin right now, it's great! Speaking Spanish is definitely useful; I started learning when I was 24 and it's been a game-changer. I've made connections that I otherwise couldn't have made without speaking a second language. Side note on the dangers of living in places like Nicaragua, Mexico, and Colombia: 99.9999% of people are just going about their business and not going to put a gun in your face. Travel happy everyone! But also hand over your wallet without arguing if someone puts a gun in your face.
@@irfannadeem9664 I'd say within 4 months I was having 50/50 English/Spanish conversations with people and then within 6-8 months speaking it fluently. But I'm still learning, too. And I was immersed in the language including staying with a local family and taking classes for the first 4 months. It's like exercising a muscle, it takes time to build it up but one day there it is!
@@Re3iRtH I have at least one video on my channel about the journey and I've been video journaling the past couple of weeks. I'll make one with more of an explanation if you think that would be useful?
Panamá is more stable. It has also mountains, rivers, 2 oceans as Colombia does. Great plains, hilly ranges and it is safe. Panama`s police is very well equipped and respected and they have courtesy with strength. You can have a cattle farm, apartments like the condo with the largest swimming pool (16 acres of water), with a new international airport. So check more!
Spanish is a language I would love to learn also! Colombia is a great choice but hearing too many people about moving there and can already see what's going to happen...
Here is a tip to get you started with Spanish with almost no effort and no cost: Music and lyrics. Start memorizing the titles of songs. JUST THE TITLES, so it won't feel like a lot. You can begin with Spanish versions of popular English songs. For example 1-DAME, DAME, DAME (Gimme, gimme, gimme) by Abba 2-AYER (Yesterday) by The Beatles 3-COMO UNA VIRGEN (Like a virgin) by Madonna 4-AL FINAL DEL CAMINO (End of the road) by Boyz II Men ...etc If you have Spotify, just search for "Top 100 English songs in Spanish versions"
In my experience ( I have been to all of these countries ) and living in Colombia a bit. I’d say you get a nice balance in Colombia but the problem is the taxes and heavy import tariffs in goods. Mexico for the cost of living gives you much bang for your bucks. Peru is nice but there’s a bit of lack of Latino culture might turn boring after a while. Argentina’s economy is very unstable and they are famous to be the assholes of all latinoamerican countries
@@VibrantWisdomHub male expats are not interested in 🇦🇷 because women are the most femenist(read disdaining towards men) in Central Latin America. Very close to Europe and North America. What is your opinion on this?
@@VibrantWisdomHub, I want to come home and live in a nice atmosphere instead of continuously pulling the rope by counting who did what, how much earned, etc. to achieve a 50/50 ratio.
@@VibrantWisdomHub by asking your question you confirm that this is true. I am not against any lifestyle but I am not going to build a family with this type of women.
Colombia is the most educated Latin country so you will find them speaking more “proper” Spanish than the other countries. I know because my wife is from Colombia but I have many Latin friends from all over Central America and even she had issues communicating with them at times.
It's funny, I spent some time in Puerto Rico growing up as I have family there, and the countryside of Portugal reminded me a lot of Puerto Rico. But not Lisbon. Lisbon is its own thing!
Hey Prof. can you do a video on men, in terms of dating. You have been around the world so I believe that you would have 1st hand knowledge on men in the area of dating.
I share your vision about Mexico and Colombia and I would add that in both countries natives are friendly with expats (Colombia have some issues because Venezuela migration), but in Central America and specially in Panama I must say they made me feel the outsider, I can say locals in Panamá are xenofobic, weir consider its a Country depending on international economy. I lived in Panama city for two years and I keep some friend that also live there but are not Panamanian because locals are not to open to make friends (even I am a native spanish speaker)
In Spain, where we are about 45 million people, and come about 80 million tourists per year, in 2018 were committed less than 300 homicides. We can also talk about healthcare, education, infraestructure, public transport... Bona nit.
@@alberto1481 Spain is awesome but it is very expensive and the taxes are high compared to Latin America. This channel is all about making smart financial moves off the beaten path.
@@juju10683 The channel would be about taxes, but my comment, 8 months ago, was about homicides. If you live in Spain, you have no relations with crime, and you are not a woman who has chosen a really bad boyfriend, it is almost impossible you to be murdered.
Argentina has been on my radar for a long time. I wouldn't join Doug Casey in Lafayette, but instead find a quiet place in Patagonia, where the climate is more to my liking. I don't think I'd ever want to live full time in Argentina though, with the wealth tax and all that, but even Bariloche to the north would make a great southern hemisphere residence.
Ah Argentina, the country that is literally a hot mess. If you like to be shaken down, robbed and mugged by your own government (oh and then locked in your house for an eternal quarantine) I recommend you Argentina! I am from Mendoza, its great to visit & my(American) husband loves it. But i don't recommend that you take up residence there or "invest" in any significant way.
@@mynamename5172 Are you really living if you don't have a currency collapse once every decade or so? But I could see myself spending a few months a year there easily.
Hello Andrew. I just stumbled upon your channel and immediately subscribed. Amazing videos with useful content. I have one question. I have dual citizenship (USA , well i am half puerto rican and Germany) thus having lots of travel versatility for which I am very happy for. Currently I am a student not generating any income but when the time comes I fall under FATCA if I generate income outside of the USA. So basically I will pay taxes to the USA and to the country I work in. Now, I want to avoid a double taxation (legally obviously) but still work somewhere else (not USA). What is your take on this? Some recommended me to renounce my US citizenship but I am quite unsure of that. I would love to hear your opinion. Keep up those great videos. Soon you’ll have 100k!!!
You shouldn't give up your american citizenship. Germany and most European countries are more likely to be communist countries. Their tax systems show that (65 - 75%). While in the US Obama communist 35%, to Trump 21%. Colombia 69.5% as whole tax for any business. So keep going but think to vote in the US. It is crucial. Dems want the US to be like Latin countries over 60 to 70%% taxes, because down here, European represent a reference point for our economic model. Leftist govern Latin America as well as the whole world. Even Canada👎 is going down economically and putting strict leftist ideas on everyone else. THE WELFARE STATES, but the US if TRUMP wins.
I'm from Costa Rica, and as of right now, I would not recommend anyone going there until there's a change in government, socialism never works, current government has ruined the country even before covid; they only have one power and water companies, the utilities went to the roof since lockdown and you have no one to complain to, they are owned by the government, on top of that you can spend hours with no service, who can live like that? I don't live there anymore and leaving 25 years ago has been the best decision I have made in my life.
I'm shocked that you had a gun in your face in Nicaragua!! Please share that story, and tips for how nomad capitalists can stay safe in areas we decide to take the risk to invest in. Central America, central Asia, etc. Where have you experienced theft and fraud or trauma?
A friend (European, blond hair) lived in Sao Paolo, Brazil for a while. He said, he would wear old sneakers and generally cheap looking clothes to not look interesting as a target.
I found Colombians to be well educated, very hard working. I know only around Medellin. The cleanliness of the country and city are remarkable. The climate in Medellin is PERFECT!!! Food and wine in Argentina was my favorite. Especially around Mendoza. Guatemala is "problematic". Mexico can vary from super super rich to absolute poverty. We lived in a pueblo mágico where Chilangos came for weekend. Very expensive. I lived and worked in small pueblos in Chihuahua and found them to be very relaxed, friendly. I also workes in a couple mid size pueblos in Guerro and Sinaloa that are quite dangerous. When the whole town closes up and no one is oon the street between 6 PM and 8 AM, you know there are problems.
I am from 🇵🇪 Peru, also beautiful 😍 if you live out of the city but it became expensive! I wouldn't retire in Peru anymore 😔 it was since us Not too safe...we love the food but education, Healthcare and safety is our priority.
I love Costa Rica, but I found it expensive. I haven’t been to Mexico and would love it if you would host an episode explaining where to live and discuss process to residency and passport. Thanks so much for the great show and valuable info !
This is not my field, so please forgive an uninformed comment. I am interested that Chile doesn’t figure in your list. I am not saying that it should, I’m just interested that it doesn’t.
Tip: Peru allows citizenship after 2 years of residency. Not sure about the burocracy involved, but that gives you the opportunity to shorten the residency requirement for the Spanish citizenship from 10 to 2 years! Besides that, some of that countries are either members or associated states of Mercosur, so a citizenship in one of the mentioned countries would give you "free movement" to Argentina, Brasil, Paraguay, Uruguay, Bolivia, Chile, Colombia, Ecuador and Peru.
Rubens Nogueira Peru actually rejects most applications these days. The letter of the law is often not followed there. This is the problem with getting advice from forums and hearsay rather than people who actually do it.
@@nomadcapitalist sad to hear about the rejections, but actually I found Peru as a "fast track" option in one of your own posts: nomadcapitalist.com/2015/07/27/the-fastest-countries-in-the-world-to-become-a-citizen/
Supposedly, you can live in Puerto Rico for 1 year and get an official “Puerto Rican Citizenship certificate” and also that qualifies for the Spanish 2 years reduced time ... but I think the reduced time in Spain is supposed to be natural born only technically ? I’m not sure. Or if via ancestry counts too maybe? If you naturalize in Mercosur, you might have to wait 5 years until you have same rights to live and work in any other Mercosur country.
You should check the Chile news and see whats going on over there. Around the time that you commented theres been so many riots, many people do not like the government over there including the natives. There is also a bad relationship between citizens and cops over there, especially in cities. There are too many videos out there with horrible police brutality. It's also also very hard for a person that isn't a native to get around unless you really know the place. It isn't like the countries he said that you can find places on your own or it isn't as difficult. In Chile, there aren't as many people that speak English compared to countries like Spain, Puerto Rico, etc.. Hope this helped! I hope I didn't make you think anything differently about the country. All countries go through their own ups and downs.
How are the hospital bills in Porta Rico?I'm not from the US & I heard hospital bills are high in the US & sometimes the insurance policy doesn't cover everything
Colombia all day everyday. I do speak Spanish. I've been there back and forth since 2010 and will retire there. Thanks for the great insight. Everything you said I'm in agreement. You have a good understanding. Thank you. Subscribed.
By my research I find the major problems with Latin American countries to one degree or another are: expropriation of foreign capital, massive government corruption (and by extension unbearable bureaucratic red tape and incompetence), crime (particularly the threat of kidnaping Americans), drug cartel wars, and resentment by locals. I found the reference to Doug Casey interesting. About ten years ago he was involved in promoting a development for expats in northern Argentina. And while it seemed to be a wise decision with the election of Mauricio Macri (a free market capitalist) as President, the political climate changed in the next election and Argentina was back to its old ways. The Peron's ruined that country and left an indelible mark on the expectations of the populace. If you're thinking of emigrating to a Latin American country, make sure you check out its underbelly like you would the undercarriage of a used car from Rust Belt.
I’m bilingual and have lived and worked in Mexico. I’m unclear how you can avoid paying US taxes when living overseas. The only investment I saw that’s possible is 1. Building small house in a beach town 2. Air BnB to tourists. According to article 27 of Mexico Constitution, you don’t actually own it. But, it’s pretty fun sometimes down in Spanish speaking countries; just keep your dough in the USA.
Obviously, I'm sure it is a higher cost of living but as far as quality of life, tax, and immigration, how does Spain stack up to the Latin American countries for those looking to expat to a Spanish speaking country.
How do people just leave their families and friends? To me, there is concern with living in a country that is a far different culture than me. I suppose if one has enough money, they can live anywhere, but it's nice to be where you fit in.
My fiancee is from Brazil and I've traveled there now 5 times. My impression is ,that the people I've come in contact with have mostly been friendly and welcoming. Of course there can be some animosity just like you will find with how Americans react to certain foreigners in situations where family is involved. Humans are humans no matter where you go. But I always felt that Brazilians have some things in common with Americans seeing as how that country is a melting pot of cultures similar to the US. And Brazilians seem to admire the US possibly more than other latin american countries. The one real downside is , English is not spoken by many residents , so learning Portuguese is a prerequisite to being able to navigate around with some confidence .
Food is a problem down here. I live in Colombia and, have lived almost a year in Panama City. Research is key, its not like New York, London, Stockholm or Madrid where U can shoot from the hip and get a good meal most of the times.
I lived in Puerto Rico for over 2 years working for the U.S.Government...National Weather Service, San Juan, Puerto Rico. I was a bit afraid of the crime. Then, I can tell you there bizarre things happening on the island with regard to UFOs and alleged "Extraterrestrial encounters"!! I was friends with a FBI agent on the island investigating the strange events. I had paranormal things happening in my Puerto Rican home. I saw nothing, but what I heard and felt were far from normal. There are a few select people in the U.S. Government that know alot more than they are telling us!!
@@johnwright2509 I am a humble university teacher. You intrigued me with your reported paranormal things in your PR home. So I wondered what sort of things.
@@alberto1481 i speak Spanish and English, my husband speaks Greek, English and Spanish. I want my daughter to learn Portuguese. I heard...that Portuguese people don't like it if you speak Spanish to them...they prefer English. Is that true?
Brazil isn't a Spanish-speaking country. They speak Portuguese. The Guayanas are British Guayana, French Guayana and Dutch Guayana. You can guess which language they speak.
@@parasitius some one in the earlier videos mentioned he doesn't work with indians and Chinese.. That's why I posted this question.. I never got a reply for my email too.. Anyway thanks for your answer.. Have a great day.
@@irfannadeem9664 if you are transparent with your wealth and it's origin then it's not hard finding help! I don't think he means working with you as a "Indian" it way be a lot easier dealing with individuals if they live outside those nations.
Venezuela is alot better country then most on that list.. Many beautiful cities beaches if not the best in the world and many beautiful property to invest in.. Alot on that list you named are US backed puppet governments put in place.. Do you really want to give your money to those governments. The people are great in all those countries but you probably do not know Latin America and governments too too well yet. I would not just throw away money too some countries on that list. You will see what I mean in a few years.
@@ninozah Its not exactly what you heard lol lol.. Caracas is safer then alot of big city in Latin America and there are alot of foriegners living in Caracas who go about everyday without any problems. Usually a Apartment or condo buildings will have security included. In any big city if you go look for trouble it will come if you mind your business then nobody bothers you. Do not stand out. But apartment prices range depending what neighborhood or size your tastes are.. you can get very high end apartments for good deals. I love it here 5 years not a problem. Own a few properties in Venezuela and I travel alot and come back and nothing happens to them. Like I say buy in a nice neighborhood its well secure.Your not going to go buy in the barrios. Do not listen to what people say because they only follow what media tells them. Tourists still come here everyday.
@Simon Christopher Rule Really? I hope your on the streets of great Colombia banging on pots and pans marching and protesting against that wonderful US puppet government they got there in Colombia.. I see more Colombians sleeping on the streets and unemployed in Colombia then any.. Why did you choose to live in Colombia? What makes Colombia better then here in Venezuela? Mcdonalds Burger King? Starbucks? Cheap Cocaine? Prostitutes?....I do not see anything that catches my eye in Colombia but foriegners walking around drunk high on cocaine and looking for prostitutes.. corrupt government and police force.. do you even leave your gringo area to see Colombia? probably not.. Keep watching western media and brainwash yourself some more;)
@Simon Christopher Rule Sounds like you have a case of Xenofobia and are racist.. I have no problems with Maduro and Venezuela. Alot better then Colombias Paraco gobierno that kill its own people;) Enjoy!
For me Mexico hits the spot. I have residency there. great country... has the trinity for me: Great food, great people, great weather. Colombia has not done it for me. I found it a little more run down and bureaucratic. Medellin is a good spot though. Learning Spanish will dfntly be useful. There are still a lot of opportunities in Latin America. And because most "westerners" tend to avoid them based on the image portrayed in the media if you find your niche, you will be able to make quite a bit of money. ---> little competition. If you have a long term view, you want to watch out for latin america, asia/southest asia, africa as well.
@@parasitius never heard of the traveler diarrhea among my friends and myself. I will say this. Don't drink tap water and be mindful where you eat at restaurant and street food and you will be fine. Usually those street food stalls where you see a lot of people line up are "good to go". I will also say this... A lot of Colombians and Latinos from the other countries go to Mexico to look for jobs. Better economy and easier with immigration. Believe it or not, I have a friend (With US passport) who has been living in Mexico for 5-6 years and is only doing 6 months visa run. You can't do that in Colombia. But to each its own cup of tea
I can't believe you didn't name Equatorial Guinea, which has the highest GDP per capita in Africa (although very unequal distributed), also the small Spanish speaking parts of Phillipines. In any case I would make a distinction, the list is good for "nomad capitalists" but for expats, in my opinion Spain is, by far, the best Spanish speaking country, specially the Basque Country, Valencia, Barcelona and Madrid.
Andrew, I have property in Colombia, and have spent many years visiting Colombia. I am not 100% convinced that it is all that great for expats and taxes. Also, if you are not renting and you own a place, you have to be very carful about the cost of an "Administration Fee", very much like a condo fee. These fees are very much unregulated and can be affordable one year and out of sight the next year. My wife and I our going crazy with our monthly fees on the two apartments we own. If you purchase in Colombia, try to purchase a place without "Admin Fees". We prefer a place that is in a residential community, with low admin fees.
This is information is so interesting!!!... thank you
Argentinean here, it's a beautiful, huge and diverse country indeed, founded in the same principles as te US.
But modern day Argentina it's a tax hell. Come to visit or to live for some months of the year don't buy a property, don't open a bank account.
Argentineans are super friendly with foreigners, specially if they bring dollars.
Also for residence, citizenship and investment Uruguay it's by far a better option Andrew must check out, they have like a 10 year exemption of most taxes for new residents Wich only requires 60 days of presence in the country by year and better banking system than the average in Latin America.
It's such a shame. BsAs is a city close to my heart but I know that it is a nightmare living there with the system.
What about women? The most femenist in Central Latin America?
@@2bigdifferencesYeah Argentina is the most feminist country in the americas behind canada, same as lgbt rights
I'm Argentinean, it's a great country for tourist with dollars or euros in their pockets. I wouldn't recommend opening a bank account here.
No te preocupes nadie que tenga entendimientos básicos de economía es tan loco como para abrir un negocio en Argentina 🤣🤣🤣 lo siento eh pero poca libertad económica, populismo de izquierda y actitud hostil hacia las empresas hace de Argentina el último lugar en Latinoamérica dónde invertir.
Argentina tambien lindo pais! Y su gente y la comida...pero la economia sufrio mucho ultimamente...Como muchos otros paises.
@@xpxpe5645 lastimosamente Italia va por ese rumbo, no nos vamos definitivamente al carajo simplemente por estar en la Unión Europea.
What about your women? The most femenist among Central Latin America?
Andorra is fantastic too. While the official language is Catalan most people speak Spanish in day to day life.
I’d Been to Mexico and Central America . Mexico is perhaps the most misunderstood, underrated country in the world . It is very cheap for the quality. It has amazing, nature culture , food , and property. Americans have fear of Mexico because of immigration and the news but it couldn’t be further from the truth.
You don't know what your talking about
@@freedomenergy6644 Why is that?
I've personally been living there and there killing women and children
@@freedomenergy6644 where mexico for me was by far safer than the USA in many parts
Depends on what part of Mexico, just like I wouldn't advise anyone to live in certain parts of the U.S.
when I was a missionary in Mexico I lived in Oaxaca and Puebla, I didn't fear for my safety, other than getting lost in the mountains in Oaxaca.
The culture, the people and the beauty of Mexico is something I wish everyone had a chance to experience.
If the situation in Venezuela improves anytime soon, it's gonna become the new hotspot. Just wait..
Haha if you said that you have to be Venezuelan 😅
It won't be the hot spot. Maybe in 50 years!
I live in Medellin right now, it's great! Speaking Spanish is definitely useful; I started learning when I was 24 and it's been a game-changer. I've made connections that I otherwise couldn't have made without speaking a second language. Side note on the dangers of living in places like Nicaragua, Mexico, and Colombia: 99.9999% of people are just going about their business and not going to put a gun in your face. Travel happy everyone! But also hand over your wallet without arguing if someone puts a gun in your face.
How long it took you to learn spanish??
@@irfannadeem9664 I'd say within 4 months I was having 50/50 English/Spanish conversations with people and then within 6-8 months speaking it fluently. But I'm still learning, too. And I was immersed in the language including staying with a local family and taking classes for the first 4 months. It's like exercising a muscle, it takes time to build it up but one day there it is!
@@NickDemski thanks for your reply..
@@-whackd No, I have a really good anti theft backpack. Actually, I just made a video about it on my channel!
@@Re3iRtH I have at least one video on my channel about the journey and I've been video journaling the past couple of weeks. I'll make one with more of an explanation if you think that would be useful?
I would live in Cancun rather than Mexico DF. Cancun has the best flight connection + Ocean
I am moving to Mexico, Merida
Have you ever heard of Uruguay?
Uruguay must be very pretty!
Colonia is a dreamscape. I fell in love. Montevideo was like a smaller, cleaner safer Buenos Aires.
This was helpful, thank you! I am in San Diego and I feel Mexico calling my name.
Colombia and Panama are on the top of my list
Panamá is more stable. It has also mountains, rivers, 2 oceans as Colombia does. Great plains, hilly ranges and it is safe. Panama`s police is very well equipped and respected and they have courtesy with strength. You can have a cattle farm, apartments like the condo with the largest swimming pool (16 acres of water), with a new international airport. So check more!
Spanish is a language I would love to learn also! Colombia is a great choice but hearing too many people about moving there and can already see what's going to happen...
You can learn Spanish! As a second language for 👍 sure.
@@marierika2012 If I do, it would actually be my fourth.. Very tempted
Here is a tip to get you started with Spanish with almost no effort and no cost: Music and lyrics.
Start memorizing the titles of songs. JUST THE TITLES, so it won't feel like a lot. You can begin with Spanish versions of popular English songs. For example
1-DAME, DAME, DAME (Gimme, gimme, gimme) by Abba
2-AYER (Yesterday) by The Beatles
3-COMO UNA VIRGEN (Like a virgin) by Madonna
4-AL FINAL DEL CAMINO (End of the road) by Boyz II Men
...etc
If you have Spotify, just search for "Top 100 English songs in Spanish versions"
@@barnabyjara4751 interesting... will check it out!! thx
In my experience ( I have been to all of these countries ) and living in Colombia a bit. I’d say you get a nice balance in Colombia but the problem is the taxes and heavy import tariffs in goods. Mexico for the cost of living gives you much bang for your bucks. Peru is nice but there’s a bit of lack of Latino culture might turn boring after a while. Argentina’s economy is very unstable and they are famous to be the assholes of all latinoamerican countries
lol I'm argentinian and I like to think that is a sterotype. We have a bad reputation but I sure I'm nice.
@@VibrantWisdomHub male expats are not interested in 🇦🇷 because women are the most femenist(read disdaining towards men) in Central Latin America. Very close to Europe and North America. What is your opinion on this?
@@2bigdifferences are you scared of women fighting for equal rights?
@@VibrantWisdomHub, I want to come home and live in a nice atmosphere instead of continuously pulling the rope by counting who did what, how much earned, etc. to achieve a 50/50 ratio.
@@VibrantWisdomHub by asking your question you confirm that this is true. I am not against any lifestyle but I am not going to build a family with this type of women.
Colombia is the most educated Latin country so you will find them speaking more “proper” Spanish than the other countries. I know because my wife is from Colombia but I have many Latin friends from all over Central America and even she had issues communicating with them at times.
Typical... Each country defending their "proper" Spanish, when the original and proper Spanish is right from Spain
Good advice. They are getting better and better with less crime and low taxes.
But the image shown it is not from Puerto Rico. It is Lisbon, Portugal.
It's funny, I spent some time in Puerto Rico growing up as I have family there, and the countryside of Portugal reminded me a lot of Puerto Rico. But not Lisbon. Lisbon is its own thing!
I would add the Dominican Republic, I was very impressed with my recent visit. For Central America, I enjoyed my time in San Salvador.
Hey Prof. can you do a video on men, in terms of dating. You have been around the world so I believe that you would have 1st hand knowledge on men in the area of dating.
Andrew, how come you have so many interesting topics foe tje videos? Wow!
I share your vision about Mexico and Colombia and I would add that in both countries natives are friendly with expats (Colombia have some issues because Venezuela migration), but in Central America and specially in Panama I must say they made me feel the outsider, I can say locals in Panamá are xenofobic, weir consider its a Country depending on international economy. I lived in Panama city for two years and I keep some friend that also live there but are not Panamanian because locals are not to open to make friends (even I am a native spanish speaker)
What about Chile?? I hear so many great things!
Andrew, how many languages do you speak?
Panama is my next destination. I wonder if you have property there, would be awesome to meet up there before the conference.
Spain is terrible for taxes but I feel it should be mentioned in any Spanish speaking countries list, even if only to advise against it.
In Spain, where we are about 45 million people, and come about 80 million tourists per year, in 2018 were committed less than 300 homicides.
We can also talk about healthcare, education, infraestructure, public transport...
Bona nit.
@@alberto1481 Valencia is a great city
@@alberto1481 Spain is awesome but it is very expensive and the taxes are high compared to Latin America. This channel is all about making smart financial moves off the beaten path.
@@juju10683 The channel would be about taxes, but my comment, 8 months ago, was about homicides. If you live in Spain, you have no relations with crime, and you are not a woman who has chosen a really bad boyfriend, it is almost impossible you to be murdered.
Argentina has been on my radar for a long time. I wouldn't join Doug Casey in Lafayette, but instead find a quiet place in Patagonia, where the climate is more to my liking. I don't think I'd ever want to live full time in Argentina though, with the wealth tax and all that, but even Bariloche to the north would make a great southern hemisphere residence.
Ah Argentina, the country that is literally a hot mess. If you like to be shaken down, robbed and mugged by your own government (oh and then locked in your house for an eternal quarantine) I recommend you Argentina! I am from Mendoza, its great to visit & my(American) husband loves it. But i don't recommend that you take up residence there or "invest" in any significant way.
@@mynamename5172 Are you really living if you don't have a currency collapse once every decade or so? But I could see myself spending a few months a year there easily.
Andrew, do you have your book in audio format? I don't READ but I listen. And if it was read by you, it would be a very compelling experience. Thanks.
You should look into Paraguay I believe they are applying the right policies.
Hello Andrew. I just stumbled upon your channel and immediately subscribed. Amazing videos with useful content. I have one question. I have dual citizenship (USA , well i am half puerto rican and Germany) thus having lots of travel versatility for which I am very happy for. Currently I am a student not generating any income but when the time comes I fall under FATCA if I generate income outside of the USA. So basically I will pay taxes to the USA and to the country I work in. Now, I want to avoid a double taxation (legally obviously) but still work somewhere else (not USA). What is your take on this? Some recommended me to renounce my US citizenship but I am quite unsure of that. I would love to hear your opinion. Keep up those great videos. Soon you’ll have 100k!!!
You shouldn't give up your american citizenship. Germany and most European countries are more likely to be communist countries. Their tax systems show that (65 - 75%). While in the US Obama communist 35%, to Trump 21%. Colombia 69.5% as whole tax for any business. So keep going but think to vote in the US. It is crucial. Dems want the US to be like Latin countries over 60 to 70%% taxes, because down here, European represent a reference point for our economic model. Leftist govern Latin America as well as the whole world. Even Canada👎 is going down economically and putting strict leftist ideas on everyone else. THE WELFARE STATES, but the US if TRUMP wins.
ajajajjaja never say that Argentina is overblown, I am from Argentina and now there is going to be the biggest crisis
Perú y México según mi opinión
I'm from Costa Rica, and as of right now, I would not recommend anyone going there until there's a change in government, socialism never works, current government has ruined the country even before covid; they only have one power and water companies, the utilities went to the roof since lockdown and you have no one to complain to, they are owned by the government, on top of that you can spend hours with no service, who can live like that? I don't live there anymore and leaving 25 years ago has been the best decision I have made in my life.
I'm shocked that you had a gun in your face in Nicaragua!! Please share that story, and tips for how nomad capitalists can stay safe in areas we decide to take the risk to invest in. Central America, central Asia, etc. Where have you experienced theft and fraud or trauma?
A friend (European, blond hair) lived in Sao Paolo, Brazil for a while. He said, he would wear old sneakers and generally cheap looking clothes to not look interesting as a target.
I found Colombians to be well educated, very hard working. I know only around Medellin. The cleanliness of the country and city are remarkable. The climate in Medellin is PERFECT!!!
Food and wine in Argentina was my favorite. Especially around Mendoza.
Guatemala is "problematic".
Mexico can vary from super super rich to absolute poverty. We lived in a pueblo mágico where Chilangos came for weekend. Very expensive. I lived and worked in small pueblos in Chihuahua and found them to be very relaxed, friendly. I also workes in a couple mid size pueblos in Guerro and Sinaloa that are quite dangerous. When the whole town closes up and no one is oon the street between 6 PM and 8 AM, you know there are problems.
The picture in minute 3.50 when you are speaking about Puerto Rico, is Lisbon!!! Good job hehe
Andorra...
i am interested in living and doing some business in Colombia and a European country (Italy, Portugal, Germany, or England)
I💓🇵🇷
I am from 🇵🇪 Peru, also beautiful 😍 if you live out of the city but it became expensive! I wouldn't retire in Peru anymore 😔 it was since us Not too safe...we love the food but education, Healthcare and safety is our priority.
I love Costa Rica, but I found it expensive. I haven’t been to Mexico and would love it if you would host an episode explaining where to live and discuss process to residency and passport. Thanks so much for the great show and valuable info !
This is not my field, so please forgive an uninformed comment. I am interested that Chile doesn’t figure in your list. I am not saying that it should, I’m just interested that it doesn’t.
He's mentioned in previous videos that he doesn't like it geographically.
Protests maybe? A lot of protesters have lot their vision due to the usage of rubber bullets by the police... Heavy stuff.
Chile is a expensive country, they have
only coast and highlands, is not hot🤔
But is a safe country, lot of Peruvian restaurants and good wines!
I'm learning Spanish because I like to travel through the United States & am thinking about retiring in hispanoamerica
I have a friend in Peru who is looking to move out because they just elected a socialist leader.
Tip: Peru allows citizenship after 2 years of residency. Not sure about the burocracy involved, but that gives you the opportunity to shorten the residency requirement for the Spanish citizenship from 10 to 2 years!
Besides that, some of that countries are either members or associated states of Mercosur, so a citizenship in one of the mentioned countries would give you "free movement" to Argentina, Brasil, Paraguay, Uruguay, Bolivia, Chile, Colombia, Ecuador and Peru.
Rubens Nogueira Peru actually rejects most applications these days. The letter of the law is often not followed there. This is the problem with getting advice from forums and hearsay rather than people who actually do it.
@@nomadcapitalist sad to hear about the rejections, but actually I found Peru as a "fast track" option in one of your own posts: nomadcapitalist.com/2015/07/27/the-fastest-countries-in-the-world-to-become-a-citizen/
Supposedly, you can live in Puerto Rico for 1 year and get an official “Puerto Rican Citizenship certificate” and also that qualifies for the Spanish 2 years reduced time ... but I think the reduced time in Spain is supposed to be natural born only technically ? I’m not sure. Or if via ancestry counts too maybe? If you naturalize in Mercosur, you might have to wait 5 years until you have same rights to live and work in any other Mercosur country.
Thanks, Rubens; we have 1,500+ blog posts so not all are updated, but we will re-visit that one.
Chile, Peru, Bolivia, Ecuador, Paraguay?
watching as we speak, from Valencia, Spain. Decent country Spain, (but not low tax).
It is a decent country but due to taxes I will never consider living there.
Have you been doing to the Dominican republic
Colombia un of the best. Thank you!
Nice video! But what about Chile? In your list it's not mentioned - but why?
You should check the Chile news and see whats going on over there. Around the time that you commented theres been so many riots, many people do not like the government over there including the natives. There is also a bad relationship between citizens and cops over there, especially in cities. There are too many videos out there with horrible police brutality. It's also also very hard for a person that isn't a native to get around unless you really know the place. It isn't like the countries he said that you can find places on your own or it isn't as difficult. In Chile, there aren't as many people that speak English compared to countries like Spain, Puerto Rico, etc.. Hope this helped! I hope I didn't make you think anything differently about the country. All countries go through their own ups and downs.
Andrew, why is Peru in the list, but you didn't put Paraguay?
.
Andrew thanks for your very sound info about all of those places you visit. Why you haven't been attracted to Brazil?. You didn't mention it. Thanks.
It's not a spanish speaking country
In Brazil, you have to learn portuguese
How are the hospital bills in Porta Rico?I'm not from the US & I heard hospital bills are high in the US & sometimes the insurance policy doesn't cover everything
Colombia all day everyday. I do speak Spanish. I've been there back and forth since 2010 and will retire there. Thanks for the great insight. Everything you said I'm in agreement. You have a good understanding. Thank you. Subscribed.
By my research I find the major problems with Latin American countries to one degree or another are: expropriation of foreign capital, massive government corruption (and by extension unbearable bureaucratic red tape and incompetence), crime (particularly the threat of kidnaping Americans), drug cartel wars, and resentment by locals. I found the reference to Doug Casey interesting. About ten years ago he was involved in promoting a development for expats in northern Argentina. And while it seemed to be a wise decision with the election of Mauricio Macri (a free market capitalist) as President, the political climate changed in the next election and Argentina was back to its old ways. The Peron's ruined that country and left an indelible mark on the expectations of the populace. If you're thinking of emigrating to a Latin American country, make sure you check out its underbelly like you would the undercarriage of a used car from Rust Belt.
I’m bilingual and have lived and worked in Mexico.
I’m unclear how you can avoid paying US taxes when living overseas.
The only investment I saw that’s possible is 1. Building small house in a beach town 2. Air BnB to tourists.
According to article 27 of Mexico Constitution, you don’t actually own it.
But, it’s pretty fun sometimes down in Spanish speaking countries; just keep your dough in the USA.
Obviously, I'm sure it is a higher cost of living but as far as quality of life, tax, and immigration, how does Spain stack up to the Latin American countries for those looking to expat to a Spanish speaking country.
Any smart and legal way to live in Spain and have income from company running in other country?
So you did not mention Uruguay... Maybe it is best to keep it off the radar indeed.
Paraguay is another option...
Uruguay is a good option, too.
I ❤️Uruguay
I'm learning Spanish because I like to travel through the United States & am thinking about retiring in hispanoamerica
I now live in PR and am thinking to move to Medellin or Santa Marta in Colombia so thank you for mentioning PR and Colombia.
I looked at mortgage in Peru and the banks wanted 50% down payment. I guess things may have changed as the country has improved a lot.
If one gains residence in any of these counries, is there double taxation; tax on outsid income that may have already been taxed....
I cannot stand those people who go to live in a place with no interest in bothering to learn the local language. Avoid Avoid Avoid!
Guatemala, anyone?
Why not Chile?
@Simon Christopher Rule hehehe
You didnt mention Uruguay, the most European Country in Latin America.
Panama is very much the place to move to. Can you do video on Panama only?
Thanks
I ran a business in Panama for 8 years. Yes it is relatively safe but quite dysfunctional.
Mexico and Argentina. But I'm still learning Spanish.
I'd be interested to hear your thoughts on Peru now that Pedro Castillo is president.
Andrew, how easy is it to get a Mexican Passport as a Nomad Capitalist?
Which spanish languages countries are the best for living and working?
How do people just leave their families and friends? To me, there is concern with living in a country that is a far different culture than me. I suppose if one has enough money, they can live anywhere, but it's nice to be where you fit in.
My fiancee is from Brazil and I've traveled there now 5 times. My impression is ,that the people I've come in contact with have mostly been friendly and welcoming. Of course there can be some animosity just like you will find with how Americans react to certain foreigners in situations where family is involved. Humans are humans no matter where you go. But I always felt that Brazilians have some things in common with Americans seeing as how that country is a melting pot of cultures similar to the US. And Brazilians seem to admire the US possibly more than other latin american countries. The one real downside is , English is not spoken by many residents , so learning Portuguese is a prerequisite to being able to navigate around with some confidence .
I too am surprised you didnt mention Uruguay in your top 5
Show off some of your language skills
Spain
Congratulations on passing the 200k Who is Mrs. H???
Mrs H is his wife. His last name is Henderson.
I really want to go to Argentina.
9:50
"Illegal aliens have gotten citizenship in Argentina."
This is supposed to be a plus?!
Yes.
Stop hating on people. Human beings shouldn't be "illegal"
@@TruthSpeaker. Yes they should.
@@w.o.jackson8432 No, they shouldn't. After you die, & enter the next life, you will pay the price for taking the side of evil.
I enjoy listening to you speak. You are a good speaker and your content is well laid out 😁
Panama was a massive disappointment. I walked around for ages trying to find something to eat that wasn't US junk food.
Food is a problem down here. I live in Colombia and, have lived almost a year in Panama City. Research is key, its not like New York, London, Stockholm or Madrid where U can shoot from the hip and get a good meal most of the times.
@@johanneshonka3527 by "here" you mean Colombia? Never really had food issues there. I wanna get back to Colombia asap. Enjoy it bro!!
Love Doug Casey!!!
Have you read his fiction books? They're excellent!
love it here in mexico
Enjoy, Ivan!
@ok 01 where do they choose, the caribean?
Great info thanks!
I wouldn't live in Argentine, Costa Rica or Puerto Rico. I'd rather live in Equador, Paraguay, Uruguay or even Bolivia
I lived in Puerto Rico for over 2 years working for the U.S.Government...National Weather Service, San Juan, Puerto Rico. I was a bit afraid of the crime. Then, I can tell you there bizarre things happening on the island with regard to UFOs and alleged "Extraterrestrial encounters"!! I was friends with a FBI agent on the island investigating the strange events. I had paranormal things happening in my Puerto Rican home. I saw nothing, but what I heard and felt were far from normal. There are a few select people in the U.S. Government that know alot more than they are telling us!!
@@johnwright2509 What sort of things did you hear and feel in your Puerto Rican home?
@@Topknot60 Topknot.....who are you and who do you work for???
@@johnwright2509 I am a humble university teacher. You intrigued me with your reported paranormal things in your PR home. So I wondered what sort of things.
Thank you
But why at about 3:48 the view of Almada from Lisbon? Just curious :)
Btw, if you speak Spanish, you can live in Portugal. Everbody will understand you.
@@alberto1481 i speak Spanish and English, my husband speaks Greek, English and Spanish. I want my daughter to learn Portuguese. I heard...that Portuguese people don't like it if you speak Spanish to them...they prefer English. Is that true?
Very good info but what about Brazil as in Latin-American as well as the Guyanas?. Please help me on this. Thanks
Brazil isn't a Spanish-speaking country. They speak Portuguese.
The Guayanas are British Guayana, French Guayana and Dutch Guayana. You can guess which language they speak.
Andrew do you work with indians?? I would like to avail your service . Do reply.
@@parasitius some one in the earlier videos mentioned he doesn't work with indians and Chinese.. That's why I posted this question.. I never got a reply for my email too.. Anyway thanks for your answer.. Have a great day.
@@irfannadeem9664 if you are transparent with your wealth and it's origin then it's not hard finding help! I don't think he means working with you as a "Indian" it way be a lot easier dealing with individuals if they live outside those nations.
Why not chile?
Please watch the riots going on in Chile!
What about Dominican republic?
What are your thoughts about Chile?
@ok 01 tell me about the argies if you don't mind, what are they like? Lol
@ok 01 oh wow didn't know that. Thank you for replying. I did hear that they go around claiming they're italians though lol not sure if true though.
Good morning Prof. Good morning class.
Venezuela is alot better country then most on that list.. Many beautiful cities beaches if not the best in the world and many beautiful property to invest in.. Alot on that list you named are US backed puppet governments put in place.. Do you really want to give your money to those governments. The people are great in all those countries but you probably do not know Latin America and governments too too well yet. I would not just throw away money too some countries on that list. You will see what I mean in a few years.
@@ninozah Its not exactly what you heard lol lol.. Caracas is safer then alot of big city in Latin America and there are alot of foriegners living in Caracas who go about everyday without any problems. Usually a Apartment or condo buildings will have security included. In any big city if you go look for trouble it will come if you mind your business then nobody bothers you. Do not stand out. But apartment prices range depending what neighborhood or size your tastes are.. you can get very high end apartments for good deals. I love it here 5 years not a problem. Own a few properties in Venezuela and I travel alot and come back and nothing happens to them. Like I say buy in a nice neighborhood its well secure.Your not going to go buy in the barrios. Do not listen to what people say because they only follow what media tells them. Tourists still come here everyday.
@Simon Christopher Rule Really? I hope your on the streets of great Colombia banging on pots and pans marching and protesting against that wonderful US puppet government they got there in Colombia.. I see more Colombians sleeping on the streets and unemployed in Colombia then any.. Why did you choose to live in Colombia? What makes Colombia better then here in Venezuela? Mcdonalds Burger King? Starbucks? Cheap Cocaine? Prostitutes?....I do not see anything that catches my eye in Colombia but foriegners walking around drunk high on cocaine and looking for prostitutes.. corrupt government and police force.. do you even leave your gringo area to see Colombia? probably not.. Keep watching western media and brainwash yourself some more;)
@@OracleProtection123 sounds like you are joking!
@Simon Christopher Rule Sounds like you have a case of Xenofobia and are racist.. I have no problems with Maduro and Venezuela. Alot better then Colombias Paraco gobierno that kill its own people;) Enjoy!
@@bobnice9256 Never!
For me Mexico hits the spot. I have residency there. great country... has the trinity for me: Great food, great people, great weather. Colombia has not done it for me. I found it a little more run down and bureaucratic. Medellin is a good spot though. Learning Spanish will dfntly be useful. There are still a lot of opportunities in Latin America. And because most "westerners" tend to avoid them based on the image portrayed in the media if you find your niche, you will be able to make quite a bit of money. ---> little competition.
If you have a long term view, you want to watch out for latin america, asia/southest asia, africa as well.
@@parasitius never heard of the traveler diarrhea among my friends and myself. I will say this. Don't drink tap water and be mindful where you eat at restaurant and street food and you will be fine. Usually those street food stalls where you see a lot of people line up are "good to go".
I will also say this... A lot of Colombians and Latinos from the other countries go to Mexico to look for jobs. Better economy and easier with immigration. Believe it or not, I have a friend (With US passport) who has been living in Mexico for 5-6 years and is only doing 6 months visa run. You can't do that in Colombia. But to each its own cup of tea
I can't believe you didn't name Equatorial Guinea, which has the highest GDP per capita in Africa (although very unequal distributed), also the small Spanish speaking parts of Phillipines. In any case I would make a distinction, the list is good for "nomad capitalists" but for expats, in my opinion Spain is, by far, the best Spanish speaking country, specially the Basque Country, Valencia, Barcelona and Madrid.