NZ is an alcoholic mess. The dregs of Europe landed there with the low hanging fruit laying on the ground and they still struggle. The housing is an embarrassment that only alcoholics would be comfortable in.
As a single American woman who has lived in South America, Australia, England and all over the USA my choice of inland Spain in the Andalucían mountains has made me very happy.
@@buhdahto It's still hot in the summer but it's bearable. I love having blue sunny skies every day although a bit of rain now and then would be good. We got 6 weeks of continuous rain on the springtime though! There's little humidity so I'm comfortable.
I moved to Spain just before the pandemic, and European city lockdowns turned me way off. I went into the countryside and this life is the way to go. I grow my own potatoes, onions, lettuce, carrots, strawberries, garlic, kale, radish, green beans, beans, and I have dozens of chickens that lay organic eggs. I have healthcare and my few country neighbors stay out of my hair. No mass shootings or military. Mind you, the cities here are feeling more and more like US cities. I don’t recommend them.
@David Garcia ok I see. Yeah, I don’t follow the politics too much as it’s all very divisive here too. Spain is a mess with all divided regions and identity politics. Catalan vs Spain is nasty. People in Catalonia just as the Spanish nationalists are fascist in their behavior but they have strong real historical reasons to try and justify their behaviors towards anybody who doesn’t fall into their world view.
I moved to the Andalucían mountains from Barcelona in October 2020. The best decision I ever made in my life. Inland Spain is under appreciated. I have local produce at very low prices, clean water, tranquility and gorgeous natural beauty every day. Oh yes and I just installed solar energy because of the brilliant daily sunshine☀️
2 года назад
If you leave American cities to live in countryside in Spain why don't you go live in a remote area in America ? Go live in a wild Forest in Alaska it's even better than rural Spain.
Well put. Safety , quality of life , access to inexpensive education, well run countries, excellent public transportations ,easy to travel within Europe , good health and culture. 30 plus countries each contribute something good in the mix. Good place to raise a family. Children could learn 2 or 3 languages with relative ease as they grow up.
@@normalpsychology yes? I lived 10 years in UK, and 4 years in Eastern Europe, I can walk at night in Eastern Europe without having to look over my shoulder, try thst in London or other places in UK at night, or even day light. It's. Stabbings are ALMOST a daily thing. (with innocent people being killed) I'm not talking about gangs attacking each other
@@normalpsychology maybe western Europe was all that 20-25 years ago, in 2022, the only good thing about western Europe is that u get paid more than eastern Europe
Every time I travel back to my home country (Colombia) for leisure or to visit family, I get slightly tempted to leave The Netherlands for good (where I’ve been living for 20+ years) and move back to Colombia. Yet every time I arrive back in The Netherlands and feel a sense of relief for how organized everything is...then I’m just glad about my Dutch citizenship. Still though it’s nice that I also have my Colombian citizenship to go back whenever I want to for however long I want to. Plus being able to live and work in 27 EU countries plus 9 South American ones (Mercosur) is a blessing
@@buhdahto in normal circumstances, yes, that would be correct. There are exceptions though. I was lucky that legislation changed for my specific case so I was able to keep my Colombian nationality:)
@@Gibberish1983 Brexit forced many Brits living in the Netherlands to apply for Dutch citizenship, in order to be allowed to stay. They had to forfeit their British citizenship, which they absolutely did not want to do. You were very fortunate to be allowed to keep your Colombian citizenship.
You might pay more in taxes in Western Europe than in the USA, but at least you GET SOMETHING in return. Their taxes actually help the people, not military contractors and big corporations.
@@JoBlakeLisbon Tax rates aren't the same in Europe, what the hell? You start paying 50% on income tax in Netherlands on earnings above 68k euro per year. That is almost what a low income family earns in the US...
Exactly this. I don't understand where this myth about Western Europe having more taxes than the US comes from. Unless you're planning on living in the nonsensical suburban places where you have to cross 2 highways by car to get to a grocery store (or risk starving), the only real places that compare to international standards in the US are the northeast and west coasts. And there, you're basically paying 40+% taxes just like in Europe (the only exception I can think of is Washington), except you still get no healthcare, have tent communities everywhere, get low-quality food with high-fructose corn syrup in everything, the schools are still horrible, and people are still trying to find out what gender they are.
Although Andrew makes really excellent points and offers really sound reasons for investment abroad.... at the end of the day....as an American citizen, my two main goals at the moment is to stay out of the line of fire and not end up living in a tent. If one can afford relocation fees.... go where it's safe and where you can live in peace.
@@mjor6406 Malls and stadiums are packed. Funny that. I live here and my kids and I can't take a plane from one province to another. Of course we are also prisoners and may not leave the country either. But you don't support that like the majority of Canadians, right?
@@janematthew9061 "I live here and my kids and I can't take a plane from one province to another. " Sorry, but millions of people fly everyday in Canada. Have you seen the lines in the Airports??? This lack of freedom is just false.
My grandmother called me yesterday to inform me of the tragic event that happened in Texas. I told her I do not want to raise my kids in the US. I would rather them grow up and be educated in Europe.
Have you seen "Looper" that time travel movie? He said "Loopers don't think too far ahead" because at some point, they are required to kill their future older self... kinda reminds me of Portugals NHR program
Another factor is...fashion. If you like fashion, living in a western country which has seasons allows you to layer, and also gives you the opportunity to wear a much wider array of styles and options. In a country like UAE let's say, you're going to be wearing pretty much the same thing all year round! :-) How many luxury sandals can you wear before you really feel like wearing a nice pair of full grain, Italian made leather boots for a change?
I was going to move to Portugal. Joined several fb groups to get a sense of what’s going on in that country. It’s filled with virtue signalling woke expats who are proud of the number of shots they have taken. There’s too much negativity there and apparently you have a good chance of being yelled at being massless outdoors.. I spoke with some of the locals too and they agree that going against mainstream advice is not a good idea in the country.. Not the place I want to go.
That was the worst thing you could done! Don't go on FB pages of expats bitching and moaning about the country they moved. Go and get your own impression and stay away from the people who bitch and moan.
Sweden is widely misunderstood. The real nature of the country is socialism for the socialists (essentially salaried people) and capitalism for the capitalists. Nominal taxes for companies are high, but you can easily deduct so many claims, the system is totally flexible, unbureaucratic and supportive of enterprises. I believe that Sweden has one of the proportionally highest numbers of startups and millionaires in Europe. The social safety net contributes to inducing enterpreneurial people to take risks. On top of that, everything works so well. On the minus side, Swedish banks are much worse to their clients than the taxation authority is...
Portugal seems to be one of the better at the moment, but with what's going on around EU and the decisions being made, I'm wondering if it's good enough option in reality and if EU will remain as attractive in the years to come. Plus looking at the bigger picture, Portugal are already talking about taxes on Crypto though it's one of the perks. Wonder if there could be more changes like that. And what happens when NHR runs out? Is it worth paying the high taxes then🤔 I've been following your content for few years already and watch your posts religiously. Wonder what your thoughts are on these ( *or others who are in the comments section )
@Rui Lima Thanks for your comment. For me being part of the Eu has more downsides than upsides since I' have always been self employed. Central Portugal seems to have reasonable real estate but I imagine economic activities are limited. Since I'm self employed as long as I have internet connection, I can live anywhere. Following some sites on FB, there is definitely some push back from the local population against come of the global digital nomads who were attracted to Portugal for reduced taxation for a period of time. My point is the handwriting is on the wall, so not to get too comfortable with being a resident there.
I have the impression that this site is for rich people with no family ties who want to die as rich as possible.. Who cares where these philosophically poor people die ? It should be about what countries offer the best chance that my offspring will prosper for the next 10 generations.
We want to go where we are treated best. We produced a lot for society and now we want to spend some of that to live our best lives. We come here for information.
I know what you’re saying. However, I have listened to many of Mr. Henderson’s podcasts, and it seems to me he has a heart-unlike many people who only value money. He is in his 30’s now, and married. He might begin to see value in having children. I always say, “There’s only one thing worse than having children (they are a lot of trouble)- NOT having children! Such richness they add to life! And grandchildren are the best! So, go after money, but don’t forget eternal values.
@@bethfurry7461 do I have to have kids? Statistical analyses show consistently that married people are happier than unmarried (though I'm sure that includes the divorced and not just the never married), whereas those married with children are less happy than unmarried or married with no kids
@@FloatingWeeds2 married with no kids usually don't stay married. Why should they? No essential mating bond (Don't know if that's correct English). No deeper natural purpose of life. They often get depressed and die alone.
Hello to all the poor people of Georgia, you have a lovely country and even Nomad Capitalist says so. I want to grab this occasion and say hello to all my loyal friends in Georgia. Loyalty is a big value in Georgia.
Andrew, good day, I always follow your videos and I find them very helpful. In this video, you mention that if a person moves to Panama, their clients may be weirded out. Can you elaborate on this a little more please. Thank you in advance for your response. Ramiro
I prefer Malta to Portugal anyday! The big problem about Malta is proper banking for expats. Not treating foreigners like criminals because so many of their Maltese politicians are.
@Commie Hammer Yes but think. If you lived in Florida and wanted to go to New York, you would fly, right ? The airport in Malta is only a few minutes away and you can fly anywhere at a very low cost. You want to go from England to Italy, you must fly, right ? Malta is part of the EU, it is even more easy. It's all about the mindset, with all respect.
Politicians are corrupt, never heard that one before. Same old usual litany. Maltese politicians are accessible, the Maltese state is accessible because the people are very much, an integral part of the state, as it should be. Regarding the banks. True, Maltese banks were the only banks that did not go bankrupt in 2008 crisis, while the world banking system sank. Booooom !
@@Anyways936 I live here and it is the right place to be because it is welcoming for respectful people. My experienced honest opinion is that buying a town house, is a sure winner and spend some money on adding good taste. You cannot go wrong. I have no business interests but if you need anything, just call me. ;)
Portugal tem um regime corrupto de extrema esquerda socialista que controla o país, muita burocracia, corrupção e autoritarismo, não há muita soberania do regime que controla o país, pois praticamente 70% das leis que regem o país vem de Bruxelas, não há muita soberania do regime que controla o país sobre seu próprio território, já uma carga excessiva de impostos, não é barato como o apresentador diz, é um regime de vigilância
Some good points mentioned. Although, I think an important note to make...despite having gaining an EU passport in terms of economy after Germany the UK has the biggest economy and you won't be able to live there. The UK consumers do significantly more shopping online than those in the rest of Europe, Australia and the US.
Actually, Sweden is a pretty good place to start a business and corporate taxes are not too bad at all. It is as an employee with a salary that you get completely killed on tax.
sweden is very uncapitalistic, the whole society and taxes are structured to keep you lazy, work as less as possible and be a slave for as long as possible
well actually not , because the employee doesn't have to file for taxes and then pay instead its paid for by his employer and if you look at it this way it's abstracted from making barely noticeable
@@issamhadid02 The employee sees how much the states takes from its salary, which is around 50% when earning a decent salary. And that is without counting 25% of VAT after...
@@Valhalla_Heathen You are taxed basically the same way, as anywhere else in the World. People who think they can flee taxes are fooling themselves. Governments need money and will always find a way to extract some of your money, for the benefit of society. There are many things that take money from you, that aren't called "taxes", this is something that isn't being expressed.
Andrew, your insight is excellent on governments. Can you let us know about covid 19 vaccination requirements entering the countries? We love countries that removed the covid testing etc.. how can this be included in your analysis of countries?
Im moving back to Sweden later this year and, Im converting to Islam right now so I wont feel like an outsider within the Communistic/Islamic Empire (EU).
Laos is nice but not great for freedom. Too much muzzle wearing (though declining now), and no freedom of speech. Full of snowflakes who just follow the goverment.
Norway, with just a little over 5 million people, has build up sovereign wealth funds will over 1 trillion dollars; with the revenue from the country's North Sea oil and gas resources. Imagine if successive UK Governments had managed the UK's North Sea resources for the long-term, the UK would now have trillions lo
I'm American, the first country that I ever went to was Canada. At the time, Canada seemed like an amazing place, I even wanted to become a citizen there when I was little... but nowadays Canada seems like a hellhole and I no longer even want to go to Canada again. I never heard of people not wanting to go and live in western Europe before, but considering how contradictory some of their policies are, I guess it's not surprising.
until Russia was told it cannot join NATO, nor the EU and the USA scraped both signed treaties and the Minsk agreement. Now everyone is surprised Putin is pissed off.......... the genius of your politicians amazes us all.
Looking at this right now. For some reason, I don't see countries like Malta, Gibraltar, San Marino, Andorra, Luxembourg there. These I would assume should be on the top of the "Safety" list somewhere.
I a lot of places people don't use Amazon because the already have other large webshops that sell almost everything and offer next day delivery. Amazon is big in North America and a couple other countries, not world wide.
If a maid in Switzerland is paid around the same as a full-time cleaner, we-re talking about approx. 40000 CHF/year (if you don't deduct rent etc)... Not really affordable for an average Swiss income, or even the 120k guy...
How is Dublin to retire for a South Asian Brown guy, is there too much racism? Over all i have found Caucasians pretty cool, awesome people, except rarely some angry and frustrated lots. But i love america and europe. Would love to migrate to UK or Ireland although i hate the tax policies of these countries.
Hi,i hear you talk about belgium.the personal tax rate in belgium is 51%.yes i am belgian and moved o south east asia 10 years ago.living in cambodia now.they are coming up with speed.
If you guys ever need a video idea, are there good options within the schengen zone that could be a good choice for professional traders? Especially if they want to settle down? Or how to perpetually travel throughout Europe without being classified as a resident of any given country you're touring? Thanks for what you guys do.
@@organicme5602 Yes, but it's starting to sink in for me that I should think about slowing down and creating roots for a family sometime in the future. Still want to minimize tax, but living in the schengen zone is enticing because (as far as I'm aware) there isn't really a limit for how long you spend in other countries because there's no border checks. No worries about having to leave the zone within 90 days.
@@CoCody_ It's true that there are few (not always zero) border checks within the Schengen zone but your passport will be checked and stamped when you enter the zone and when you leave. The 90 days applies to the whole zone as if it were a single country. You then have to spend time somewhere else before you can return but this could be a non-Schengen European country like Croatia or Cyprus. The way the rule works is that on any given day you count back 180 days and you are not allowed to exceed 90 of them in the zone. (so two weeks after your first 90 days you could return for two weeks for example.)
@@CoCody_ correct me if I misunderstood you, but yes, there is a limit of 90 days for the entire Schengen area unless you are, well, a regular (tax) resident in one of those countries. So you can't enter and spend, let's say, 2 months per year in each country as a tourist. Tax nomad? No, it won't work. Check the best tax deal inside the EU and become a tax resident there, it's simply the best option.
Im an indian living in berlin germany should I go to USA california for tech jobs or stay in europe as there is nothing comparable to silicon valley anywhere else on earth
Correct me if I'm wrong, but I thought berlin had a pretty big tech hub? One of the biggest in Europe? I'm in Netherlands plenty of Tech jobs but the salary is less than say London/Berlin.
No Amazon prime in Indonesia, but I get food and or things delivered in minutes via Tokopedia / gojek apps. It’s a thousand times more convenient living in Indonesia compared to Switzerland where I used to live. In Switzerland I used to get a cleaner to come once a week for 4 hours - here I pay about a quarter what I used to pay, but for someone to come every day. Switzerland is an amazing place however, and I loved living there, but the taxes are high on earned income in the bigger cantons like Geneve - amazing skiing and outdoors life - but everything is ridiculously expensive. Personally I like the buzz of SE Asia, and the money goes a lot further here…
Nahhhh! I live in europe right now and the price for everything is sky rocketing! Your 30 eur can’t even fill 1/4 of your gasoline. Plus the incoming economic collapse due to sanctions against russia and oh don’t forget the incoming energy blackouts in winter and wheat shortage.
SEF in Portugal is getting better. I know some refugees that got NIF, NISS and NUSS in 24 hrs. They say they will be extending this to other immigrants as soon as they can.
I have very mixed feelings watching videos like this. Freedom to move around and spend time where you are happier is great, but taxes are how governments pay for stuff that we ask them to do, so seeking the lowest available tax rate seems anti-social to me. I want to be a citizen, not a parasite. Also, as an American, I virtually worship the E.U. governance ... they actually work to help their people, not just their big political donors as politicians do in the USA. I'd be happy to pay a reasonable tax rate to get free services that I care about and to have a government that is pro-consumer.
There's not much out there...Switzerland is the best option but it is not easy living there. Portugal is too poor and I'll never trust the country after the Casa Pia scandal. All the other countries mentioned...it is hard to find work/operate a company in them. Maybe Ireland? I dunno.
Everyone following this channel without being millionnaire is wasting his time. Useless period. And deleting messages the channel does not agree with. Their moto "go where you are treated best" SHOULD be "go where you pay less". It is all about value for money and values.
Violence and leftism has picked up since the FARC were given political power. I visited in 2014 and it was perfect with high growth and low inflation. Now poor Venezuelans are flooding the cities and voting in the same leftists who ruined their native country. Sigh
Taxes on dividends is 7.5%, on capital gains 10% if you held the assett for more than 2 years, income tax from 0 to 33%. Used to have wealth tax , but is being removed this year. All taxes are based on global income and assets. On the other hand, corporate taxes are terrible, like at 35%.
Norway is not a place for capitalists - don't come to live here or invest here. Our wealthiest flee at record rates due to political uncertainties and being taxed to death/getting their businesses restricted due to their personal tax obligations. Big institutional investors don't invest here anymore for a good reason. Even Blackrock reacts to our government's stupid tax and regulation moves. Let Norway collapse and rebuild. BR, The Norwegian Capitalist party
If you’re a 7 or 8 figure entrepreneur Monaco is great. I was there for a while last year and it was great. People are nice. Not as expensive to eat as you’d think Plus, you would be living on the French Riviera. How’s that for bragging rights?
Morocco was nuts when I went on vacation. Trying to steal a quick buck because I was a tourist. Or entitled to money just because I got help. Swindlers...
Surely it depends what you like? Say you love hiking,outdoor life,skiing,fishing,camping. You cannot do these things in 3rd world countries. Money is money.once you have enough why make is the number one priority? Greed?
Ireland should be avoided at all cost. It is outrageous high taxes. I am born Irish just moved back from Australia 8 months ago and set up a business. Leaving already. Do not move to Ireland.
You are the person who will absolutely capitalize on the blood and death of those who stayed to fight, and died. Even Bezos is growing an spine, Musk is honorable beyond words.
it’s a waste of time fighting, the world economic forum controls all aspects of society on every continent, not just america, and the people, especially the american people are too obedient, americans will do everything that the government says.
Ariz Akram, We have enough of your type of people. Please stay where you are. Your culture doesn’t fit with ours, because of your engrained misogyny. Not covering up with curtains and hijabs doesn’t mean that women are cheap or hookers or easy to seduce to bed. We have values and they include respect for women.
Moved to Portugal a year ago, from The Peoples Republic of New Zealand, best decision every made.
The horse faced woman has ruined it !
Welcome to Portugal !
NZ is an alcoholic mess. The dregs of Europe landed there with the low hanging fruit laying on the ground and they still struggle.
The housing is an embarrassment that only alcoholics would be comfortable in.
I'm Portugal citizen because my grandfather but never lived there.
what is the benefits?
it's welfare advanced country or not?
is that country socialist? new zealand
Why "People's Republic of New Zealand"?
As a single American woman who has lived in South America, Australia, England and all over the USA my choice of inland Spain in the Andalucían mountains has made me very happy.
Yes I can listen to Rumba Flamenco all day and evening
I take it that the altitude makes the summers not so unbearably hot, right?
@@buhdahto It's still hot in the summer but it's bearable. I love having blue sunny skies every day although a bit of rain now and then would be good. We got 6 weeks of continuous rain on the springtime though! There's little humidity so I'm comfortable.
@@marrlena947 In 2017, my wife and I visited Andalucía and the Algarve. Although it does get hot, I would love to retire there.
@@buhdahto It's been a great choice for me so far.
I moved to Spain just before the pandemic, and European city lockdowns turned me way off. I went into the countryside and this life is the way to go. I grow my own potatoes, onions, lettuce, carrots, strawberries, garlic, kale, radish, green beans, beans, and I have dozens of chickens that lay organic eggs. I have healthcare and my few country neighbors stay out of my hair. No mass shootings or military. Mind you, the cities here are feeling more and more like US cities. I don’t recommend them.
@David Garcia “except they’re more progressive about it”. I’m not clear on what you’re saying.
@David Garcia ok I see. Yeah, I don’t follow the politics too much as it’s all very divisive here too. Spain is a mess with all divided regions and identity politics. Catalan vs Spain is nasty. People in Catalonia just as the Spanish nationalists are fascist in their behavior but they have strong real historical reasons to try and justify their behaviors towards anybody who doesn’t fall into their world view.
I moved to the Andalucían mountains from Barcelona in October 2020. The best decision I ever made in my life. Inland Spain is under appreciated. I have local produce at very low prices, clean water, tranquility and gorgeous natural beauty every day. Oh yes and I just installed solar energy because of the brilliant daily sunshine☀️
If you leave American cities to live in countryside in Spain why don't you go live in a remote area in America ? Go live in a wild Forest in Alaska it's even better than rural Spain.
@ because the world is bigger than America plus health care. 😉
Well put. Safety , quality of life , access to inexpensive education, well run countries, excellent public transportations ,easy to travel within Europe , good health and culture. 30 plus countries each contribute something good in the mix. Good place to raise a family. Children could learn 2 or 3 languages with relative ease as they grow up.
Safety? What?
@@normalpsychology yes? I lived 10 years in UK, and 4 years in Eastern Europe, I can walk at night in Eastern Europe without having to look over my shoulder, try thst in London or other places in UK at night, or even day light. It's. Stabbings are ALMOST a daily thing. (with innocent people being killed) I'm not talking about gangs attacking each other
@@normalpsychology maybe western Europe was all that 20-25 years ago, in 2022, the only good thing about western Europe is that u get paid more than eastern Europe
Education? You mean leftist propaganda
So many cultural experiences and decent climate. Downside WW3 IBCM launches and surviving.
Every time I travel back to my home country (Colombia) for leisure or to visit family, I get slightly tempted to leave The Netherlands for good (where I’ve been living for 20+ years) and move back to Colombia. Yet every time I arrive back in The Netherlands and feel a sense of relief for how organized everything is...then I’m just glad about my Dutch citizenship. Still though it’s nice that I also have my Colombian citizenship to go back whenever I want to for however long I want to. Plus being able to live and work in 27 EU countries plus 9 South American ones (Mercosur) is a blessing
I heard Dutch law requires you to renounce your previous citizenship when you acquire Dutch citizenship.
@@buhdahto in normal circumstances, yes, that would be correct. There are exceptions though. I was lucky that legislation changed for my specific case so I was able to keep my Colombian nationality:)
@@Gibberish1983 Brexit forced many Brits living in the Netherlands to apply for Dutch citizenship, in order to be allowed to stay. They had to forfeit their British citizenship, which they absolutely did not want to do. You were very fortunate to be allowed to keep your Colombian citizenship.
You might pay more in taxes in Western Europe than in the USA, but at least you GET SOMETHING in return. Their taxes actually help the people, not military contractors and big corporations.
@Commie Hammer Please Google the definition of Communism. You're way off the mark.
@@JoBlakeLisbon Uh, I NEVER said there were any Communist countries in Europe and I lived in Germany for 2 years in the Cold War Era. ?????????????
@@JoBlakeLisbon Tax rates aren't the same in Europe, what the hell? You start paying 50% on income tax in Netherlands on earnings above 68k euro per year. That is almost what a low income family earns in the US...
Exactly this. I don't understand where this myth about Western Europe having more taxes than the US comes from. Unless you're planning on living in the nonsensical suburban places where you have to cross 2 highways by car to get to a grocery store (or risk starving), the only real places that compare to international standards in the US are the northeast and west coasts. And there, you're basically paying 40+% taxes just like in Europe (the only exception I can think of is Washington), except you still get no healthcare, have tent communities everywhere, get low-quality food with high-fructose corn syrup in everything, the schools are still horrible, and people are still trying to find out what gender they are.
@@JoBlakeLisbon Please read my original comment again. You seem to have a reading comprehension problem.
Although Andrew makes really excellent points and offers really sound reasons for investment abroad.... at the end of the day....as an American citizen, my two main goals at the moment is to stay out of the line of fire and not end up living in a tent. If one can afford relocation fees.... go where it's safe and where you can live in peace.
Have to agree with you there.
If you are leaving the US because of waning personal freedoms... going to Western Europe will very much disappoint you. Lol
exactly, Western Europe is the worse place on earth for freedom.
Based on personal experience or?
@@slovene1987 yes
@@mclyker where exactly?
Personal freedoms? I want to retire in Portugal because no taxes (in my case), better and cheaper food and wine, and friendlier women.
Unfortunately, I have never figured out how to make even a six figure income. However, I love your channel anyway. I learn a great deal from it. 😊
Add France to the list of US/AU/Canada 's list of no-freeeom.
@@marclarsson7533 any more commentary on Portugal? That was the most economical golden visa to citizenship strategy I saw.
@@mjor6406 Malls and stadiums are packed. Funny that. I live here and my kids and I can't take a plane from one province to another. Of course we are also prisoners and may not leave the country either. But you don't support that like the majority of Canadians, right?
@@janematthew9061 "I live here and my kids and I can't take a plane from one province to another. " Sorry, but millions of people fly everyday in Canada. Have you seen the lines in the Airports??? This lack of freedom is just false.
My grandmother called me yesterday to inform me of the tragic event that happened in Texas. I told her I do not want to raise my kids in the US. I would rather them grow up and be educated in Europe.
Depends where in Europe.
Hopefully she at least said "Hello, how are you?" first LOL.
@@mynamename5172 No she didn't. She got right to it. 😄
Us is the only country where citizens assassinate each other at such a rate.
@@Kenny-Ross lol
Anywhere but the UK, it is a basket case, just take a look at their last five PMs, comedy gold 😂
Thank you for your videos. They helped me to relocate to Portugal from Germany.
Could you do an update of the NHR Video?
Have you seen "Looper" that time travel movie? He said "Loopers don't think too far ahead" because at some point, they are required to kill their future older self... kinda reminds me of Portugals NHR program
Another factor is...fashion. If you like fashion, living in a western country which has seasons allows you to layer, and also gives you the opportunity to wear a much wider array of styles and options. In a country like UAE let's say, you're going to be wearing pretty much the same thing all year round! :-) How many luxury sandals can you wear before you really feel like wearing a nice pair of full grain, Italian made leather boots for a change?
I was going to move to Portugal. Joined several fb groups to get a sense of what’s going on in that country. It’s filled with virtue signalling woke expats who are proud of the number of shots they have taken. There’s too much negativity there and apparently you have a good chance of being yelled at being massless outdoors.. I spoke with some of the locals too and they agree that going against mainstream advice is not a good idea in the country.. Not the place I want to go.
Your post isn’t far off the truth !
Overall it’s a great place to live.
My biggest beef, is the dangerous roads.
That was the worst thing you could done! Don't go on FB pages of expats bitching and moaning about the country they moved.
Go and get your own impression and stay away from the people who bitch and moan.
Sweden is widely misunderstood. The real nature of the country is socialism for the socialists (essentially salaried people) and capitalism for the capitalists. Nominal taxes for companies are high, but you can easily deduct so many claims, the system is totally flexible, unbureaucratic and supportive of enterprises. I believe that Sweden has one of the proportionally highest numbers of startups and millionaires in Europe. The social safety net contributes to inducing enterpreneurial people to take risks. On top of that, everything works so well. On the minus side, Swedish banks are much worse to their clients than the taxation authority is...
Portugal seems to be one of the better at the moment, but with what's going on around EU and the decisions being made, I'm wondering if it's good enough option in reality and if EU will remain as attractive in the years to come. Plus looking at the bigger picture, Portugal are already talking about taxes on Crypto though it's one of the perks. Wonder if there could be more changes like that. And what happens when NHR runs out? Is it worth paying the high taxes then🤔
I've been following your content for few years already and watch your posts religiously. Wonder what your thoughts are on these ( *or others who are in the comments section )
Portugal just rejected taxation on BTC and crypto.
It isn’t as if Portugal wouldn’t tax Crypto…. It’s just that their old-fashioned and slow moving regulations don’t recognise it as a real “thing” !
@@ahwhodat Yes, but the topic keeps being raised, so wouldn;t get too comfortable there.
@Rui Lima Thanks for your comment. For me being part of the Eu has more downsides than upsides since I' have always been self employed. Central Portugal seems to have reasonable real estate but I imagine economic activities are limited. Since I'm self employed as long as I have internet connection, I can live anywhere. Following some sites on FB, there is definitely some push back from the local population against come of the global digital nomads who were attracted to Portugal for reduced taxation for a period of time. My point is the handwriting is on the wall, so not to get too comfortable with being a resident there.
When NHR runs out. Leave.
You just declared Portugal "officially dead" on Twitter, but still promoting it here?
Why is it "officially dead"?
I have the impression that this site is for rich people with no family ties who want to die as rich as possible.. Who cares where these philosophically poor people die ? It should be about what countries offer the best chance that my offspring will prosper for the next 10 generations.
We want to go where we are treated best. We produced a lot for society and now we want to spend some of that to live our best lives. We come here for information.
Isn't it ALWAYS about what countries offer the best chance that our offspring will prosper (for the next 10 generations) in perpetuity?
I know what you’re saying. However, I have listened to many of Mr. Henderson’s podcasts, and it seems to me he has a heart-unlike many people who only value money. He is in his 30’s now, and married. He might begin to see value in having children. I always say, “There’s only one thing worse than having children (they are a lot of trouble)- NOT having children! Such richness they add to life! And grandchildren are the best! So, go after money, but don’t forget eternal values.
@@bethfurry7461 do I have to have kids? Statistical analyses show consistently that married people are happier than unmarried (though I'm sure that includes the divorced and not just the never married), whereas those married with children are less happy than unmarried or married with no kids
@@FloatingWeeds2 married with no kids usually don't stay married. Why should they? No essential mating bond (Don't know if that's correct English). No deeper natural purpose of life. They often get depressed and die alone.
Georgia is the best country so far. (for poor people like me, ahahahha)
How did you manage to get residency there?
Did you have to buy a 100,000+ apartment?
Hello to all the poor people of Georgia, you have a lovely country and even Nomad Capitalist says so. I want to grab this occasion and say hello to all my loyal friends in Georgia. Loyalty is a big value in Georgia.
@@alwayslearning7672 1 year visa only like everyone.
Andrew, good day, I always follow your videos and I find them very helpful. In this video, you mention that if a person moves to Panama, their clients may be weirded out. Can you elaborate on this a little more please. Thank you in advance for your response. Ramiro
I prefer Malta to Portugal anyday! The big problem about Malta is proper banking for expats. Not treating foreigners like criminals because so many of their Maltese politicians are.
@Commie Hammer Yes but think. If you lived in Florida and wanted to go to New York, you would fly, right ? The airport in Malta is only a few minutes away and you can fly anywhere at a very low cost. You want to go from England to Italy, you must fly, right ? Malta is part of the EU, it is even more easy. It's all about the mindset, with all respect.
Politicians are corrupt, never heard that one before. Same old usual litany. Maltese politicians are accessible, the Maltese state is accessible because the people are very much, an integral part of the state, as it should be. Regarding the banks. True, Maltese banks were the only banks that did not go bankrupt in 2008 crisis, while the world banking system sank. Booooom !
@@Anyways936 I live here and it is the right place to be because it is welcoming for respectful people. My experienced honest opinion is that buying a town house, is a sure winner and spend some money on adding good taste. You cannot go wrong. I have no business interests but if you need anything, just call me. ;)
@@stephenfarrugia2737 Funny … last time I drove to Italy from the U.K. I didn’t get wet !
@@maxflight777 It's really funny because rats do tunnels too..... apologizes for my British sense of humor.........lol.
20 milion American Citizens are elegible for Italian citizenship.
80 million People between North and South America are also
Portugal 🇵🇹 💪
Portugal tem um regime corrupto de extrema esquerda socialista que controla o país, muita burocracia, corrupção e autoritarismo, não há muita soberania do regime que controla o país, pois praticamente 70% das leis que regem o país vem de Bruxelas, não há muita soberania do regime que controla o país sobre seu próprio território, já uma carga excessiva de impostos, não é barato como o apresentador diz, é um regime de vigilância
@@stacydalebarendse3978 spoken like someone who has NEVER been there, LOL
Some good points mentioned. Although, I think an important note to make...despite having gaining an EU passport in terms of economy after Germany the UK has the biggest economy and you won't be able to live there. The UK consumers do significantly more shopping online than those in the rest of Europe, Australia and the US.
Actually, Sweden is a pretty good place to start a business and corporate taxes are not too bad at all. It is as an employee with a salary that you get completely killed on tax.
sweden is very uncapitalistic, the whole society and taxes are structured to keep you lazy, work as less as possible and be a slave for as long as possible
well actually not , because the employee doesn't have to file for taxes and then pay instead its paid for by his employer and if you look at it this way it's abstracted from making barely noticeable
@@issamhadid02 The employee sees how much the states takes from its salary, which is around 50% when earning a decent salary. And that is without counting 25% of VAT after...
Norway would definitely be the Nordic country I’d love to live in, and not to mention that I’m 3% Norwegian! 🇳🇴
norway is very expensive, if you move there make sure you get a well paying job
@@Archonsx what if someone lives on digital assets such as Bitcoin, dividend stocks, etc?
@@Valhalla_Heathen You are taxed basically the same way, as anywhere else in the World. People who think they can flee taxes are fooling themselves. Governments need money and will always find a way to extract some of your money, for the benefit of society. There are many things that take money from you, that aren't called "taxes", this is something that isn't being expressed.
If I have the residence permit in Latvia.. Is it possible for me to live in Finland And make my children's study in any school in Finland .
Thanks Andrew
Andrew, your insight is excellent on governments. Can you let us know about covid 19 vaccination requirements entering the countries? We love countries that removed the covid testing etc.. how can this be included in your analysis of countries?
Im moving back to Sweden later this year and, Im converting to Islam right now so I wont feel like an outsider within the Communistic/Islamic Empire (EU).
The worlds rape capital
😂😂😂😂
You should also make sure you change your pronouns and be trans so you'll be completely immune to all critique.
Might want to tone down that sense of humor too, or you will stand out like a sore thumb =)
you can join Ramzan Kadyrov's squad and take a personal part in the Deshaitanization of Ukraine. Ahmad is Power!)))
“More Lausanne, less Laos” 😂😂
Hey, don’t beat up on Laos, I love that country 🇱🇦
(“Warefel”, you taught me a new word today 😂)
Laos is nice but not great for freedom. Too much muzzle wearing (though declining now), and no freedom of speech. Full of snowflakes who just follow the goverment.
Norway, with just a little over 5 million people, has build up sovereign wealth funds will over 1 trillion dollars; with the revenue from the country's North Sea oil and gas resources. Imagine if successive UK Governments had managed the UK's North Sea resources for the long-term, the UK would now have trillions lo
They cannot see beyond 4 years
The Philippines 🇵🇭 💯😃
This man speaks the real truth...!!! Great advice
If you move to a country your not stuck there forever, you can travel to close countries that have the things you want....
If you want Christine LaGarde (or similar) choosing whether you can travel overseas, or even leave your home ….
Be my guest.
I'm American, the first country that I ever went to was Canada. At the time, Canada seemed like an amazing place, I even wanted to become a citizen there when I was little... but nowadays Canada seems like a hellhole and I no longer even want to go to Canada again. I never heard of people not wanting to go and live in western Europe before, but considering how contradictory some of their policies are, I guess it's not surprising.
I swear the title used to say Eastern Europe
until Russia was told it cannot join NATO, nor the EU and the USA scraped both signed treaties and the Minsk agreement. Now everyone is surprised Putin is pissed off.......... the genius of your politicians amazes us all.
Nope…not anymore. Especially not the situation with Ukraine and Russia. Europe is a sh*tshow right now
I like to follow the yearly 'Global Peace Index' - For me, I'll stick to the top 10-12. Life is short.
Looking at this right now. For some reason, I don't see countries like Malta, Gibraltar, San Marino, Andorra, Luxembourg there. These I would assume should be on the top of the "Safety" list somewhere.
I a lot of places people don't use Amazon because the already have other large webshops that sell almost everything and offer next day delivery. Amazon is big in North America and a couple other countries, not world wide.
If a maid in Switzerland is paid around the same as a full-time cleaner, we-re talking about approx. 40000 CHF/year (if you don't deduct rent etc)... Not really affordable for an average Swiss income, or even the 120k guy...
Can you please talk a little bit more about Switzerland 🙏 same with Italy, Portugal and Monaco 🙏.. Maybe more in depth 🙏
How is Dublin to retire for a South Asian Brown guy, is there too much racism? Over all i have found Caucasians pretty cool, awesome people, except rarely some angry and frustrated lots. But i love america and europe. Would love to migrate to UK or Ireland although i hate the tax policies of these countries.
No v little racism in Dublin esp compared to us/uk
Hi,i hear you talk about belgium.the personal tax rate in belgium is 51%.yes i am belgian and moved o south east asia 10 years ago.living in cambodia now.they are coming up with speed.
If you guys ever need a video idea, are there good options within the schengen zone that could be a good choice for professional traders? Especially if they want to settle down? Or how to perpetually travel throughout Europe without being classified as a resident of any given country you're touring? Thanks for what you guys do.
schengen zone is not good for your business, Asia will do better
@@organicme5602 Yes, but it's starting to sink in for me that I should think about slowing down and creating roots for a family sometime in the future. Still want to minimize tax, but living in the schengen zone is enticing because (as far as I'm aware) there isn't really a limit for how long you spend in other countries because there's no border checks. No worries about having to leave the zone within 90 days.
@@CoCody_ It's true that there are few (not always zero) border checks within the Schengen zone but your passport will be checked and stamped when you enter the zone and when you leave. The 90 days applies to the whole zone as if it were a single country. You then have to spend time somewhere else before you can return but this could be a non-Schengen European country like Croatia or Cyprus. The way the rule works is that on any given day you count back 180 days and you are not allowed to exceed 90 of them in the zone. (so two weeks after your first 90 days you could return for two weeks for example.)
@@CoCody_ correct me if I misunderstood you, but yes, there is a limit of 90 days for the entire Schengen area unless you are, well, a regular (tax) resident in one of those countries. So you can't enter and spend, let's say, 2 months per year in each country as a tourist. Tax nomad? No, it won't work. Check the best tax deal inside the EU and become a tax resident there, it's simply the best option.
@@CoCody_ Mexico, South Brazil, Turkey, Iran, Russia would be good for you.
Gibraltar 21/2 miles long and a 1/4 mile wide
Im an indian living in berlin germany should I go to USA california for tech jobs or stay in europe as there is nothing comparable to silicon valley anywhere else on earth
Correct me if I'm wrong, but I thought berlin had a pretty big tech hub? One of the biggest in Europe?
I'm in Netherlands plenty of Tech jobs but the salary is less than say London/Berlin.
You can go to Switzerland or just go to the US and work remotely for a company in California or NY.
Go to California.
Overall I'm not the biggest fan of western Europe with a couple of exceptions like Portugal.
Hey Andrew, what do you think of Paraguay, in regards to taxes and citizenship?
Can you have pets if you are lovomg nomad lifestyle?
No Amazon prime in Indonesia, but I get food and or things delivered in minutes via Tokopedia / gojek apps. It’s a thousand times more convenient living in Indonesia compared to Switzerland where I used to live. In Switzerland I used to get a cleaner to come once a week for 4 hours - here I pay about a quarter what I used to pay, but for someone to come every day. Switzerland is an amazing place however, and I loved living there, but the taxes are high on earned income in the bigger cantons like Geneve - amazing skiing and outdoors life - but everything is ridiculously expensive. Personally I like the buzz of SE Asia, and the money goes a lot further here…
Where abouts in Indonesia?
Yes, but Indonesia is sinking, literally (unless you don't live in Jakarta).
Bali’s not sinking (as far as I’m aware)…
Nahhhh! I live in europe right now and the price for everything is sky rocketing! Your 30 eur can’t even fill 1/4 of your gasoline. Plus the incoming economic collapse due to sanctions against russia and oh don’t forget the incoming energy blackouts in winter and wheat shortage.
i agree, the prices in europe have become beyond expensive
What are your thoughts on Luxembourg and Estonia?
SEF in Portugal is getting better. I know some refugees that got NIF, NISS and NUSS in 24 hrs. They say they will be extending this to other immigrants as soon as they can.
That’s my experience too ! I find the SEF staff very professional!!
I don’t understand why the government plans to close the SEF !
I have very mixed feelings watching videos like this. Freedom to move around and spend time where you are happier is great, but taxes are how governments pay for stuff that we ask them to do, so seeking the lowest available tax rate seems anti-social to me. I want to be a citizen, not a parasite. Also, as an American, I virtually worship the E.U. governance ... they actually work to help their people, not just their big political donors as politicians do in the USA. I'd be happy to pay a reasonable tax rate to get free services that I care about and to have a government that is pro-consumer.
Liechtenstein, Luxembourg ?
the economy is sinking there
my sister is a citizen in NL she told me how she's now sad & worried
There's not much out there...Switzerland is the best option but it is not easy living there. Portugal is too poor and I'll never trust the country after the Casa Pia scandal. All the other countries mentioned...it is hard to find work/operate a company in them. Maybe Ireland? I dunno.
@@JoBlakeLisbon I totally agree on Switzerland but Casa Pia makes Portugal despicable to me.
@@JoBlakeLisbon Do you mind me asking? How did you build up your online income? Through technical work? (ie web development)
Everyone following this channel without being millionnaire is wasting his time. Useless period. And deleting messages the channel does not agree with. Their moto "go where you are treated best" SHOULD be "go where you pay less". It is all about value for money and values.
Colombia is an interesting possibility seems their medical advantages.
Violence and leftism has picked up since the FARC were given political power. I visited in 2014 and it was perfect with high growth and low inflation. Now poor Venezuelans are flooding the cities and voting in the same leftists who ruined their native country. Sigh
There may be tax issues.
What about Taxes!? That’s my biggest concern other then SAFETY…
Where is more Fun Colombia or Philippines!? Tough decision!
Taxes on dividends is 7.5%, on capital gains 10% if you held the assett for more than 2 years, income tax from 0 to 33%. Used to have wealth tax , but is being removed this year. All taxes are based on global income and assets. On the other hand, corporate taxes are terrible, like at 35%.
Norway is not a place for capitalists - don't come to live here or invest here. Our wealthiest flee at record rates due to political uncertainties and being taxed to death/getting their businesses restricted due to their personal tax obligations. Big institutional investors don't invest here anymore for a good reason. Even Blackrock reacts to our government's stupid tax and regulation moves. Let Norway collapse and rebuild. BR, The Norwegian Capitalist party
Any recommendations for spain?
Valencia
..and what about Cyprus? 🤔
If you’re a 7 or 8 figure entrepreneur Monaco is great.
I was there for a while last year and it was great. People are nice. Not as expensive to eat as you’d think
Plus, you would be living on the French Riviera. How’s that for bragging rights?
...As long as you're not a French citizen! haha ;-)
@@tentimetex that’s a good
Point ! They still get taxed huh 🤔?
Can't stand the vibe in Europe atm. Too expensive. Not enough doctors. Few opportunities. I've moved to glorious Morocco.
Morocco was nuts when I went on vacation. Trying to steal a quick buck because I was a tourist. Or entitled to money just because I got help. Swindlers...
How's the doctors situation in Morocco? 🤔
Lupita! 🤣
Surely it depends what you like? Say you love hiking,outdoor life,skiing,fishing,camping. You cannot do these things in 3rd world countries.
Money is money.once you have enough why make is the number one priority? Greed?
USA is most boring country out there and Iv been to many
Not sure why ‘Switzerland’s tax exemptions should cost you more if you’re not an EU citizen’…….. Switzerland is not in the EU.
Residency is easier there if one is a Eu citizen.
I just wish you speak slower……..
Ireland should be avoided at all cost. It is outrageous high taxes. I am born Irish just moved back from Australia 8 months ago and set up a business. Leaving already. Do not move to Ireland.
Hmmm, Ireland still has relatively low taxes and high economic freedom compared to the rest of EU countries.
I disagree. If you are trying to get away from woke culture...the capitals of Western and even Northern Europe is the worst place to go.
You are the person who will absolutely capitalize on the blood and death of those who stayed to fight, and died. Even Bezos is growing an spine, Musk is honorable beyond words.
it’s a waste of time fighting, the world economic forum controls all aspects of society on every continent, not just america, and the people, especially the american people are too obedient, americans will do everything that the government says.
Real estate in heaven lasts forever
I want to go to Western Europe in order to get laid daily 😂
No ,That's Eastern Europe!😉
Ariz Akram, We have enough of your type of people. Please stay where you are. Your culture doesn’t fit with ours, because of your engrained misogyny. Not covering up with curtains and hijabs doesn’t mean that women are cheap or hookers or easy to seduce to bed. We have values and they include respect for women.
@@alwayslearning7672 haha true
@@alwayslearning7672 both lol
@@ichbinhier355 nope.