The subject of the video is excellent but as the world is so big, I suggest shooting a series, each one focusing on a different region, like Central America, Eastern Europe, South East Asia and so on.
the other thing to consider when buying real estate in another countries is currency fluctuation. yes the USD is going down but many of these countries preffer USD. especially Cambodia. try to pay for something small in dollars and get change back in dollars. They give you change in their currency because they dont want it. so even if you charge rents in USD you are still not free of the USD risk.
I have to say that for me ANDREW takes the crown. George at times gets off on tangent taking about politics and marxism when clearly that is not his forte. However, In fairness to George I do love his natural flow on the way he explains stuff using his whiteboard!
@@juanma4598 I didn't realize we had to choose?!! Maybe George is not your cup of tea🤷🏾♀️ that's fine friend. He and Andrew are dope. We dont have to choose. hey, my nana used to say eat the meat spit out the bones😉
No infrastructure,really poor country,Albaninas are really conservative,they do have a beautifull coastline,but most peapole decide to go there,never come back
I'm from Panamà bro and this is a goldmine I'm telling you for experience we use the US dollar and the basic salary is 700 a month and the rental is really accessible
1- What are the important points should we take in consideration in any country investing in real estate if our gaol is to rent out? 2- is Ukraine and Armenia good places to invest in real estate for the same goal? Regards
The only place to invest are to biggest citys Novi Sad and Belgrade,but way overpriced,good place to live but not to invest,Bulgaria Sofia is way better to invest but not to live there
thanks for the info..one related question.when buying a real estate in these countries should we finalize a deal in dollars or local currency...some countries have so much fluctuation that by the time wire of such huge amount reaches destination we already loose money due to their currency going down..pls share your opinion.
I just did a deal in the Philippines, ... my advice is to finalize the purchase price in USD but not many sellers accept this. Currency transfers cost 2.5% just in the exchange plus bank fees for the transfer.
Andrew in KL, the price does exceed your cutoff price of USD 1000 per sq metre for a place like KLCC or around TRX.....and for foreigners the tag is a million ringitt in KL. Still a good place to be in for someone new?
I would love to pay you to help me find local deals in foreign country's real estate. I already spend hours on research and then show up. But if I could pay you to make that process go faster I would 100% pay for it!
Tabatha, We have assisted clients with real estate on an ongoing basis before. Please email help@nomadcapitalist.com and our team will gladly assist you.
Andrew, if you were able to get an Egyptian passport by decent, without knowing a word of arabic, would you take it? Would you take it if you already have 2 western world passports one being from the EU. See any drawbacks or advantages to the Egyptian passport in this scenario?
Billionaire Tim Draper - $250k Bitcoin, 2022 year end Stock-to-flow model by Plan B - $288k Bitcoin, 2021 year end Citibank - $318k Bitcoin, 2021 year end Scott Minerd from Guggenheim - $400k Bitcoin JP Morgan - $600k Bitcoin
The subject of the video is excellent but as the world is so big, I suggest shooting a series, each one focusing on a different region, like Central America, Eastern Europe, South East Asia and so on.
agree!
Andrew has many focused vid too
I'd argue with how rapidly markets change it could be a rotating segment. Let's say a favorite region every three months or so.
the other thing to consider when buying real estate in another countries is currency fluctuation. yes the USD is going down but many of these countries preffer USD. especially Cambodia. try to pay for something small in dollars and get change back in dollars. They give you change in their currency because they dont want it. so even if you charge rents in USD you are still not free of the USD risk.
Andrew and George, two of my favorites 😍😍😍
Understatement!!!! Gross understatement FAVORITES!!!!!!!!🤓😎😎😎😎
I have to say that for me ANDREW takes the crown. George at times gets off on tangent taking about politics and marxism when clearly that is not his forte. However, In fairness to George I do love his natural flow on the way he explains stuff using his whiteboard!
@@juanma4598 I didn't realize we had to choose?!! Maybe George is not your cup of tea🤷🏾♀️ that's fine friend. He and Andrew are dope. We dont have to choose. hey, my nana used to say eat the meat spit out the bones😉
lala7181 who’s choosing?
Good advice especially when you’re planning is certainly worth paying for
An update on the topic would be greatly appreciated!
Please do a video on the best foreign stock markets
You guys make a good team, particularly where real estate is concerned.
I loved Bosnia & Herzegovina❤
thanks Andrew & George ...
kinda surprising more people aren't buying up the coastline in albania ...
a hop & a skip to corfu also ...
No infrastructure,really poor country,Albaninas are really conservative,they do have a beautifull coastline,but most peapole decide to go there,never come back
The genocide expert Serb has spoken.
What do you think about Panama Real Estate?
It's pro tenant not the best. Unless you rent to tourist only.
I'm from Panamà bro and this is a goldmine I'm telling you for experience we use the US dollar and the basic salary is 700 a month and the rental is really accessible
1- What are the important points should we take in consideration in any country investing in real estate if our gaol is to rent out?
2- is Ukraine and Armenia good places to invest in real estate for the same goal?
Regards
2. Ukraine is good, bruh
Afghanistan is also very promising in terms of real estates
I don't think so..
I would never invest an countries which have a bad corruption index, to risky.
andrew what's your advice about value of property in serbia, armenia and ukraine?
The only place to invest are to biggest citys Novi Sad and Belgrade,but way overpriced,good place to live but not to invest,Bulgaria Sofia is way better to invest but not to live there
@@mcrema1 why not to live there?
@@algae_rhythms Belgrade has more to offer,better food,night life,more tourist etc
Very interesting video with really useful lessons. There are always great points to be learned from this videos.
I really enjoy your channel and videos, thanks for sharing 🌱
Thanks Andrew. Look forward to more in-depth info on this from Nomad Capitalist Live either this month or May.
What do you guys think about Morocco?
I would like to move to PR but I’m currently not making enough for the $10,000 a yr donation to make sense
real estate investment requires good capital
Check out North Cyprus
First comment!!! Expats for lifeee!!!
thanks for the info..one related question.when buying a real estate in these countries should we finalize a deal in dollars or local currency...some countries have so much fluctuation that by the time wire of such huge amount reaches destination we already loose money due to their currency going down..pls share your opinion.
I just did a deal in the Philippines, ... my advice is to finalize the purchase price in USD but not many sellers accept this. Currency transfers cost 2.5% just in the exchange plus bank fees for the transfer.
@@oceanearth2243 Great advice. Thanks for sharing your invaluable experience
He’s talking about IPS Cambodia that’s his friend, lol
How about the philippines?
Property consultation would be a good idea.
Andrew in KL, the price does exceed your cutoff price of USD 1000 per sq metre for a place like KLCC or around TRX.....and for foreigners the tag is a million ringitt in KL. Still a good place to be in for someone new?
i wouldn't suggest KL property market to even my worst enemies.
@@farhan3296 Hi, out of curiousity, what makes it off putting? I want to learn why. I'm open to everyones input.
@@boinkinsen are you considering it for ownstay or for investment purpose?
@@farhan3296 why would you be so negative. i do understand there is a lot of construction going on in the city....
Vishal L a good place to live in, that I will give it to KL. My initial comment was solely based on investment POV. Sorry for the confusion.
@nomad capitalist how do you see the Montenegrin passport now that a major change in government has happened in the last week?
I would love to pay you to help me find local deals in foreign country's real estate. I already spend hours on research and then show up. But if I could pay you to make that process go faster I would 100% pay for it!
Tabatha, We have assisted clients with real estate on an ongoing basis before. Please email help@nomadcapitalist.com and our team will gladly assist you.
Hehe, when the currency bubble bursts, everybody will buy land in my country, Brazil
Eu vou😅
that's great news, I'll buy some hectares. mark my word, I will thank you personaly.
Embora!
@@franklin3242 haha I headed down here right when borders opened in august
@Loretta Taylor Begone Bot
😎👍🏻
New Zealand Zealand by far
nz is gods toilet
@@harleydavidson3756 moved from uk to auckland 15 years ago and property has gone up 10% each year with no capital gains tax. its a great toilet
@@symesn ha ha well I moved from Nz to Australia 4yrs ago and can show ya 2.3m all cash suck on that nz a shithole
NZ is expensive
@@harleydavidson3756 excellent, so your original comment is you just being a twat rather than having any insight. Dumboo
Andrew, if you were able to get an Egyptian passport by decent, without knowing a word of arabic, would you take it? Would you take it if you already have 2 western world passports one being from the EU. See any drawbacks or advantages to the Egyptian passport in this scenario?
Get it. You can get an African Union passport too
@@internationaljohngalt5870 an African union passport?
That guy is very boring, sorry to say
Pakistan is best and safe Country for Investment 🇵🇰
It is a big big joke
@@abdulkarim-iq6zf yes lol
😂
Billionaire Tim Draper - $250k Bitcoin, 2022 year end
Stock-to-flow model by Plan B - $288k Bitcoin, 2021 year end
Citibank - $318k Bitcoin, 2021 year end
Scott Minerd from Guggenheim - $400k Bitcoin
JP Morgan - $600k Bitcoin