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My Master Plan to Live, Travel, and Buy Real Estate

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Nomad Capitalist

Nomad Capitalist

Күн бұрын

Пікірлер: 238
@ericeverson5956
@ericeverson5956 5 жыл бұрын
Fav quote..........."I don't want people traipsing through my apartment" I think your current thinking will support you in your business and personal life. I like it. You are limiting your stress & variables from your daily life, the ones you can control that is.
@fms6306
@fms6306 4 жыл бұрын
That has been why i dont like the idea of air bnb
@EnglishTreeTV
@EnglishTreeTV 5 жыл бұрын
Loving that New intro theme, Nomad Boss Level 5,000. 👍
@evguenimigachoff9428
@evguenimigachoff9428 4 жыл бұрын
I buy bases in 5 stars hotels so I could spend 45 days in each place in a year, renting them out for the rest of the time. By now I got Playa del Carmen, Batumi, Tulum and Bansko. Considering buying something in Panama, Johor or Batam, Antalia region and Dubai before I retire. Great job Andrew.
@nomadcapitalist
@nomadcapitalist 4 жыл бұрын
Thanks for sharing, Evgueni!
@tampapropertygirl3422
@tampapropertygirl3422 Жыл бұрын
Did you purchase in Panama? I'm considering making Panama my base, so I'm interested in your experience.
@evguenimigachoff9428
@evguenimigachoff9428 Жыл бұрын
@@tampapropertygirl3422 I opted to buy in Costa Rica in Punta Leona.
@irfannadeem9664
@irfannadeem9664 5 жыл бұрын
My favorite KZfaq channel..
@nomadcapitalist
@nomadcapitalist 5 жыл бұрын
irfan nadeem 🥰
@fredericc7499
@fredericc7499 5 жыл бұрын
Mine too!
@arturodacorte
@arturodacorte 5 жыл бұрын
@@nomadcapitalist Are you in Tivat right now? I will be here until the end of the summer and I would like to meet you in person
@pineapplesinla
@pineapplesinla 3 жыл бұрын
Mine 3,4,5,6,7,8 I / WE Appreciate
@jmoxp
@jmoxp 5 жыл бұрын
Excellent Andrew, I am working in a similar plan with a little twist in which I buy property in places that want to spend time and at the same time to rent it out while I am not in the place. Excellent channel,
@abdelmoutalebramoul7264
@abdelmoutalebramoul7264 5 жыл бұрын
that would be his tier C :)
@jamesslipsager3889
@jamesslipsager3889 5 жыл бұрын
I want to do the same. Buying my first property in Mexico soon.
@ericeverson5956
@ericeverson5956 5 жыл бұрын
I like your idea of having 2 or 3 bases and explore from there.
@benmarxxshow
@benmarxxshow 5 жыл бұрын
Well said, Andrew. I agree that being able to knock down walls, put nails in the wall, redo the kitchen, etc are big reasons to want to own a home. Also, perhaps the value won't skyrocket (even ever), but if it's in a city center or the beach, and you ENJOY the location, that is absolutely a benefit, regardless of the monetary value. Does it improve your life? Does it make you feel good to spend time there? That's what the real question should be.
@nomadcapitalist
@nomadcapitalist 5 жыл бұрын
Benjamin Marxx All true.
@feliciapondexter5018
@feliciapondexter5018 5 жыл бұрын
Wow that was very very informative. I have taken notes on everything you have said and added it to my strategy for migrating. My goals is becoming a reality and I am thankful for all information you have given us on these video. Thank again Andrew for this video and I look forward to maybe meeting you one and expressing how your videos and book has change my life.
@MichaelSmith-gd4gv
@MichaelSmith-gd4gv 5 жыл бұрын
Where are you from?
@yvetteg
@yvetteg 5 жыл бұрын
I am working on paying off my credit card debt and building an e commerce website. I would love to have your lifestyle. I live vicariously through you!!!!
@nomadcapitalist
@nomadcapitalist 5 жыл бұрын
Keep going, Yvette. 👊
@shabsa2637
@shabsa2637 5 жыл бұрын
@@nomadcapitalist Yep, Andrew thank you for spreading these ideas through your youtube! .. I commend you for appealing to people with higher incomes, it would be nice if you could offer some kind of affordable strategy calls /coaching for nomads like! Who aren't yet earning 6 figures :( ... (im working on it) and maybe your consulting services are just out of our league! :( I need a strategy and have been looking for a good accountant, and not having huge luck! I rather pay that money (more within my budget) to you! I would love to have a consulting session with Andrew! :) But thank you for all you do! 🙏
@nomadcapitalist
@nomadcapitalist 5 жыл бұрын
My pleasure, Shabs.
@JamesonLemonade
@JamesonLemonade 5 жыл бұрын
Awesome video, but some technical feedback: The audio levels here need to be balanced - your voice is very quiet whereas the intro music was rather loud.
@jaytheexplorer9016
@jaytheexplorer9016 3 жыл бұрын
I would think, however, that you have to limit your homes to condos/apartments -- not free-standing homes that may require additional security, grounds maintenance, etc. Gotta be able to lock the front door and leave for 8 months.
@gaetanrochon9498
@gaetanrochon9498 5 жыл бұрын
Only this month, I’ve looked for homes in Macau, Canada (Montreal) , the Philippines and now I’m back in my home base in Singapore (my wife is a national). I am moved by every single of your video, they really reflect the highest standards I am longing for for years. How come you channel is growing so slowly while some hippies with little to no value proposition are thriving on KZfaq is beyond me.
@nomadcapitalist
@nomadcapitalist 5 жыл бұрын
Thank you for the kind words.
@dwt51
@dwt51 5 жыл бұрын
Interesting strategy. I've tended to think that ownership is a P.I.T.A. because each owned home must be maintained, secured, etc. How do you handle that in homes around the world? Have you ever returned to a home to find it not as you left it?
@danielblanchard1222
@danielblanchard1222 5 жыл бұрын
This resonates so well with me. I haven't started yet this lifestyle but intuitively I have been finding out for myself that traveling a bit to find out my first tier1 places was the phase 1 of my plan. Your higher tiers explanation have just brought the light on the later phases I might go through. Thanks much Andrew, and take care.
@nomadcapitalist
@nomadcapitalist 5 жыл бұрын
Happy to help, Daniel.
@irfannadeem9664
@irfannadeem9664 5 жыл бұрын
New intro is 🔥🔥🔥🔥🔥
@bradnomad1011
@bradnomad1011 5 жыл бұрын
Good stuff Andrew, I'm also considering South America for residency/citizenship, the best overall deal appears to be Ecuador in terms of permanent residence after 2 years and citizenship 3 years later with hardly any required time spent there after a $40,000 investment in a bank account or real estate, their passport is one of the few which allows visa free travel to Russia, China and Turkey also and no tax on foreign income if you become a resident there, cheers.
@cr6129
@cr6129 5 жыл бұрын
I’ve never been to Ecuador, but from what I heard, you really need to spend like 9 months per year in the country until you get your citizenship? I’m not sure if you can just put in 40k and leave? I don’t know If they will actually check your days in the country ? What else have you heard about it ?
@bankseuros6884
@bankseuros6884 3 жыл бұрын
I like your personality, it's so real and refreshing
@dwlof
@dwlof 5 жыл бұрын
Great video. Great insight. I do have one question though: how do you manage your residential properties when you are away? Having residental units idle for 7 or 8 months a year on different continents would cause a worry. How are they kept safe and monitored?
@peterchirico2153
@peterchirico2153 3 жыл бұрын
Great video, completely agree with not renting out a 2nd or 3rd , trie A or B home. Especialy when you gone thru the work to update it. No one will take care of your own home like you would.
@Speedy300
@Speedy300 4 жыл бұрын
Awesome video and I love how you put them in categories and each place has its purpose. For me, I want to have different bases around the world and currently, I have 4 bases (US,Sierra Leone, Bulgaria and Egypt). Turkey,United Emirate, Georgia ,Brazil and South Africa will be my next target.
@username-ek1kd
@username-ek1kd Жыл бұрын
Cool, did you get any new base yet?
@jRoxSOS
@jRoxSOS 3 жыл бұрын
This is the channel I have been looking for. This just gave me a goal of what I want to achieve in life.
@nomadcapitalist
@nomadcapitalist 3 жыл бұрын
I'm so happy to hear it🥰
@BucketListTravellers
@BucketListTravellers 3 жыл бұрын
Interesting approach. I can definitely see the appeal of not having to schlep all your stuff around the world.
@tuatara80
@tuatara80 5 жыл бұрын
Wow great intro! And best above par advice as always, Andrew!
@milochka0607
@milochka0607 5 жыл бұрын
Wowowowow intro is awesome! Interior design is awesome! Shirt perfectly matches the background! Awesome topic! Looove it
@nomadcapitalist
@nomadcapitalist 5 жыл бұрын
Thank you.
@automationd
@automationd 5 жыл бұрын
Andrew, It would be amazing to get a hint on how to find good deals on finishing construction work in Tbilisi and other emerging economies, as you know, market is very sparse there. Thanks!
@nomadcapitalist
@nomadcapitalist 5 жыл бұрын
Interesting idea. We do offer this service to our clients.
@A_Litre_of_Farva
@A_Litre_of_Farva 2 жыл бұрын
Not renting out a property might seem crazy at first, but keep in mind in some countries it will complicate your taxes and will have to pay because it’s income earned within that countries’ borders. Like Mexico for example. Smart! Thanks Mr. H 👍🏽
@bernardwang3243
@bernardwang3243 5 жыл бұрын
Andrew, this idea is completely unpractical. It sounds so cool and very romantic for someone who ...never tried it. I kept three places on three different continents travelling between them. After 4 years of doing it I finally said "enough" as keeping two households, maintaining all three of them paying three car insurances, property taxes (even tiny ones), electric bills, internet bills, etc. etc. was not really worth it. The only advantage of that was that after all that time I realized I liked one of them more than the others. I am totally with you Andrew about most of the things you say. But sometimes you over-do it. I have no doubt that in few years you will realize that living in those 3 places is not that great thing. You may shrink it to just 2 places or even only one. But great video anyway
@Mr_DXB-kt5di
@Mr_DXB-kt5di 5 жыл бұрын
I love the intro you've got for your videos. It gives them a slick, professional feel from the start. Good stuff. I read your book and love the idea of the trifecta. I'm planning to travel more and more to identify what and where my trifecta will be. Keep the videos coming. They are much appreciated.
@nomadcapitalist
@nomadcapitalist 5 жыл бұрын
Happy to help, Alex.
@Lawrence_of_Asia
@Lawrence_of_Asia 5 жыл бұрын
Go where You are treated Best! I love that philosophy and it is worth an excessive lump of gold!
@Lawrence_of_Asia
@Lawrence_of_Asia 5 жыл бұрын
Makes all the difference!
@nomadcapitalist
@nomadcapitalist 5 жыл бұрын
Welcome!
@goldbrick2751
@goldbrick2751 5 жыл бұрын
Wholy moly awesome intro Andrew really really awesome, and loving your blue shirt.👍
@DanWarburton
@DanWarburton 4 жыл бұрын
Andrew this is another great video the problem is that me and many other entrepreneurs have children who need to go to school or just want to live full time in a place we love. I’d love to see a video of how someone can legally reduce their taxes and much they could reduce them by for an online business by living in one European country (in my case Spain) full time. I know this will be a popular video.
@fadibaddur2949
@fadibaddur2949 5 жыл бұрын
Thank you for this detailed breakdown of your strategy and living philosophie! I am planing to model my location independent life after your nomadic lifestyle in the next 3-4 years so this is absouletly a great video :) Hope recruitment is going well!
@nomadcapitalist
@nomadcapitalist 5 жыл бұрын
Thanks, Fadi.
@metamememachine7914
@metamememachine7914 5 жыл бұрын
In one of your clips you mentioned that you would rather live in México than in Switzerland. That was kinda funny... Could you do a clip on how to buy real estate in México or Nicaragua at some point?
@theandrewhenderson
@theandrewhenderson 5 жыл бұрын
Mexico over Switzerland any day and twice on Sunday. Not even close.
@metamememachine7914
@metamememachine7914 5 жыл бұрын
I love México too! It was funny though because Switzerland is associated with high safety, low taxes and wealthy people and México is associated with getting robbed. So your comment was really going against those clichés.
@metamememachine7914
@metamememachine7914 5 жыл бұрын
@@theandrewhenderson Can foreigners own land in México?
@rockjockchick
@rockjockchick 3 жыл бұрын
metamememachine no. They cannot, but there are workarounds
@eccentricity00
@eccentricity00 5 жыл бұрын
You should consider Uruguay for your latin base, it has the most English speaking next to a couple central american options and its in the top 3 wealthiest next to chile and panama. And it has a wealthy high end beach town in punta del este. It has alot of European influence and likes to think of itself as a European country lol.
@nomadcapitalist
@nomadcapitalist 5 жыл бұрын
Thanks for the suggestion.
@eccentricity00
@eccentricity00 3 жыл бұрын
@Gororoba boring is a good place to lay low when the western world is melting
@haritha4549
@haritha4549 5 жыл бұрын
i am from india and recently moved to armenia by your inspiration started my journey from armenia .
@melindad.217
@melindad.217 3 жыл бұрын
I spent some time in Sutomore, Montenegro a few summers ago and found the country to be rather pleasant and very beautiful (lovely mixture of sea and mountains). I have traveled quite a bit, not near as much as you, but I have found myself at a plateau and just tired of new beds and temporary places. I am not at a financial digital nomad phase yet it life so I am going back to the US to work for a while. I want to thank you for your videos, insight and all the footwork you have done to create this content. The next year or so while in the US, I am going to do more research and consider future options. I want a few small places in special locations that are beautiful and where I am treated well! All the best and I am happy to have found your channel.
@krishnabellani
@krishnabellani 4 жыл бұрын
You’re a proper, proper dude. Very thorough and clear in life! What a rarity, cheers to you! 🥂 Hope more people become like you in life!
@neilkasher
@neilkasher 5 жыл бұрын
We've built out 4 tier 1 homes where we can travel to on a rotating basis and that works well for us. our next goal is to get a business place in my main city of business and then to build out the investments more, great info as always Andrew
@nomadcapitalist
@nomadcapitalist 5 жыл бұрын
Thanks, Neil.
@eccentricity00
@eccentricity00 5 жыл бұрын
Fantastic and inspiring, Andrew. My plan is to schedule around my kids' school year, and in the english schools of Kuala Lumpur the winter break is as long as the summer's, so we can spend a winter month in Japan or wherever then back to school then a summer month in Georgia or Amsterdam or Uruguay or Chile or Montenegro then back to school.. I wonder what you think. I'll be receiving your organization's services after my next sell.
@nomadcapitalist
@nomadcapitalist 5 жыл бұрын
Looking forward to it!
@KrishnaDiamesso
@KrishnaDiamesso 5 жыл бұрын
Hello Andrew, great knowledge as always... A question that I have been having lately: How does one protect all those homes, bank accounts and investments scattered across the world so that in the tragic event one passes away it can be gifted to kids/family without issues?
@nomadcapitalist
@nomadcapitalist 5 жыл бұрын
Good question; stay tuned.
@KrishnaDiamesso
@KrishnaDiamesso 5 жыл бұрын
@@nomadcapitalist 🙏🙏you guys have been such a positive influence... We need a new book 😊
@Dimitrius1
@Dimitrius1 5 жыл бұрын
Put them in a trust
@KrishnaDiamesso
@KrishnaDiamesso 5 жыл бұрын
@@Dimitrius1 thanks Dmitry... I will do some Research on that
@maxflight777
@maxflight777 2 жыл бұрын
Krishna , what a fabulous question!
@kennethhasuik8042
@kennethhasuik8042 5 жыл бұрын
Really enjoy the content in the videos posted on your channel. I'm in the process of living this type of lifestyle in the very near future.
@nomadcapitalist
@nomadcapitalist 5 жыл бұрын
Appreciate the kind words, Kenneth.
@hurolinci5986
@hurolinci5986 5 жыл бұрын
The trifecta is a good framework to start from. I am currently setting flags in Georgia :).
@nomadcapitalist
@nomadcapitalist 5 жыл бұрын
Good luck, Hürol
@metamememachine7914
@metamememachine7914 5 жыл бұрын
Are there sand beaches in Georgia?
@nomadcapitalist
@nomadcapitalist 5 жыл бұрын
Yes, but likely not the best.
@edben24
@edben24 5 жыл бұрын
Loving the new into Andrew keep making moves.🤙✌️
@nomadcapitalist
@nomadcapitalist 5 жыл бұрын
Glad to have you.
@ThomasStYeng
@ThomasStYeng 5 жыл бұрын
Another great video - love hearing honest discussion. You say the things I’m thinking.
@avatarfin
@avatarfin Жыл бұрын
Makes good sense. After years of dealing with both sides of rentals I'm sick of it, and a home is worth the cost.
@thel7503
@thel7503 5 жыл бұрын
Im feeling that new intro
@transformativeexperiences
@transformativeexperiences 4 жыл бұрын
Great thought proces. Thanks! You are so right... Finding a decent place to stay is always a pain... So yes, i was thinking the same! Yoi give great examples
@valshiro515
@valshiro515 4 жыл бұрын
Yessss! Finally a channel that is very much in line with what I'm building for my future. Thank you for the great content. Trifecta places are exactly what I'm getting into. Currently at 2. Looking at #3.
@nomadcapitalist
@nomadcapitalist 4 жыл бұрын
Glad it was helpful!
@pipbuster
@pipbuster 5 жыл бұрын
Just a friendly FYI, whichever country you buy your Apple iPhone in, is the same country where any needed "replacement" service will have to conducted in.
@annman15136
@annman15136 4 жыл бұрын
U have simply "redefined" the term TRIFECTA 💚✌️
@alexinthemiddle4170
@alexinthemiddle4170 3 жыл бұрын
I like the idea of tier A, B, C, D.......hope you realize how fortunate you are to be able to do it.......and how few people can do it! Glad your living the dream though!
@mariar3136
@mariar3136 3 жыл бұрын
You've really opened my mind. Now I am considering getting a 2nd citizenship. I used to see USA as the best country on the world but ur videos have changed my perception. Thanks!
@ashleysaldanha6898
@ashleysaldanha6898 5 жыл бұрын
Intro is 🔥🔥🔥
@nev357
@nev357 10 ай бұрын
I own resort properties in 3 countries. I receive a good income and can either use or get use of owner discounts at other resorts owned by the resort group. I hardly stay at my properties. I have a base property in my home country where I spend a majority of my year and travel every 2 months for 1 month.
@cherylkelly8009
@cherylkelly8009 4 жыл бұрын
Shlepping is a big pain!! It’s with having a base just for that!
@user-mu8ff1hl4z
@user-mu8ff1hl4z 8 ай бұрын
Great video! We have also started with establishing a base in South America. Now looking to find one in Asia!
@LucianoClassicalGuitar
@LucianoClassicalGuitar 4 жыл бұрын
You should look up Santa Cruz in Bolivia for your South America base.
@Jaden48108
@Jaden48108 3 жыл бұрын
I lived the lifestyle you are talking about, courtesy of my father who took our family around the planet, so I can relate to the hotels, eating out everyday while on the road in different countries (mostly in Europe), and then finally settling in Greece for 7 1/2 years . . . a country I adore, love and respect. Especially the people. My trifecta is keeping my US citizenship (I'm retired Air Force) and living in Colorado owning a flight school (it's the scenery stupid!), owning a home in Greece (near an airport), and making friends in a place that reduces taxes on capital gains (Puerto Rico? Maybe?) . . . or some other country friendly to that prerequisite. I've done so much traveling having a home in two or three places appeals to me.
@alancosens
@alancosens Жыл бұрын
The last time I left a home I owned unattended for a few months, when I came back, my washer and dryer were gone, my door was busted in, the floor was flooded because the thieves never shut the water off after disconnecting the water, and bunch of other things were stolen. How do you handle security so you're not worrying about stuff like the the entire time you're gone?
@updailylofi
@updailylofi 3 жыл бұрын
Love the tier approach! Brilliant!
@FGovernments
@FGovernments 4 жыл бұрын
Absolutly with you!! Fun side note: Thinking about buying a home in Montenegro right now ^^
@ApolloBrah
@ApolloBrah 3 жыл бұрын
do you have any info on how to dip our toes into starting this without buying property and just subleasing it? what countries and cities are best for it.
@Lawrence_of_Asia
@Lawrence_of_Asia 5 жыл бұрын
Andrew, what was Your background. How did You acquire Your wealth!? Maybe You have already discussed it, but I may curious...
@lloydhassell84
@lloydhassell84 2 жыл бұрын
Great information. Gives me a basis from which to begin.
@heatheraddington289
@heatheraddington289 4 жыл бұрын
I love everything you say. Finally someone I really resonate with. I will be a client of yours soon. I can't wait. 🙂
@abdelmoutalebramoul7264
@abdelmoutalebramoul7264 5 жыл бұрын
Pure Raw Straightforward Info, Thanks Andrew
@BironClark
@BironClark 5 жыл бұрын
What percentage of these tier A/B places are condos vs houses?
@jason41a
@jason41a 4 жыл бұрын
andrew, how do you deal with all the cleaning/ laundry/ vacuuming places? Do you have contacts of all cleaning services arranged or do you do it yourself? whilst traveling i love one thing about hotel is that i walk in and everything is freshly cleaned. i don't need to do any house work for it.
@livinthemind86
@livinthemind86 5 жыл бұрын
I’m really intrigued by all of this and I’d love to be a Nomad Capitalist but I’m nowhere near the point I’m sure you have in mind for the Work With You application. I have three passports already and I live for travel, but I’m just an ordinary university student and know absolutely nothing about entrepreneurship. What would you recommend for learning how to run a business in the first place?
@qzumacademy9974
@qzumacademy9974 3 жыл бұрын
Question for you. How do you work through the security issue while away from property? Many countries are fill with opportunists waiting for you to leave your property alone.
@stevenh77
@stevenh77 3 жыл бұрын
Also running costs, taxes and repairs likely to be the same as the amount he was spending on hotels. Lots of hidden costs he’s not mentioning. Will be costing fortunes to have multiple properties on each of the tiers.
@thedemoguy1628
@thedemoguy1628 5 жыл бұрын
New style brother ❤😊💚💛😍 great intro, greatest guidance and support to everyone , Team Nomads
@nomadcapitalist
@nomadcapitalist 5 жыл бұрын
Thanks!
@sportsfreundberlin
@sportsfreundberlin 5 жыл бұрын
New intro is great but sound is too loud relative to voice.
@dragonofparadise
@dragonofparadise 5 жыл бұрын
I know I want Tokyo to be my 1st Trifecta, it actually is extremely affordable and safe, especially for someone with residency in the healthcare system despite the rumors. I think Dublin would be another great one since getting Irish citizenship as a dual citizen is easy having Irish Heritage and would be a great platform for investing in the entire European market. The United States would be a good 3rd base since I am an American Citizen and would be convenient. Due to the increasing dysfunction and unrest in the US, I would make it 3rd on my list of three.
@Dimitrius1
@Dimitrius1 5 жыл бұрын
I remember you talked about your business experience with radio station as well as swimming pool maintenance company. Now, you do consulting of high net worth individuals, obviously. So which business propelled you to be a multimillionaire?
@nomadcapitalist
@nomadcapitalist 5 жыл бұрын
We will be addressing this in a few upcoming videos.
@wagoshbrownlongtree3492
@wagoshbrownlongtree3492 3 жыл бұрын
But what is the end game? The exit strategy? They are still "investments". Right? Waiting for the value to rise and.flip in 5-10 years?
@topaciot
@topaciot 5 жыл бұрын
Great new intro. ❤️
@LinguistRevolutioner
@LinguistRevolutioner 5 жыл бұрын
Now THAT’S an intro. Amazing stuff Andrew.
@nomadcapitalist
@nomadcapitalist 5 жыл бұрын
Thank you.
@trends2morrow107
@trends2morrow107 5 жыл бұрын
Next few years will be a nightmare for global real estate. Be careful.
@andrewrozhen513
@andrewrozhen513 4 жыл бұрын
That’s exactly where the opportunity to buy some cheap real estate comes from
@gregorybiggs2068
@gregorybiggs2068 Жыл бұрын
Excellent! Thanks!
@sayedshaker7243
@sayedshaker7243 5 жыл бұрын
Interesting video Andrew. My question for how long can you continue this lifestyle? in other words what are your options if you plan to start a family? in this case where is home?
@username-ek1kd
@username-ek1kd Жыл бұрын
Have multiple wives and many children spread across the globe
@calinionescu5261
@calinionescu5261 3 жыл бұрын
Well....it seems wonderful but other than the real estate appreciation i do not see a great ROI, using these properties in Airbnb might make some more sense from this angle
@sandu3590
@sandu3590 4 жыл бұрын
watching this video only now. Amazing concept of having several core homes. Dare to live differently!
@Andrey-ox5zm
@Andrey-ox5zm 3 жыл бұрын
And a different question - you set this plan for yourself based on your idea of a single young person, ie perpetual traveller, and its easy when you re single. But in few years you ll be married, have kids, and they will need a stability, one school to go to, one language to learn at a time, etc. I understand that pre school or primary school could be done in one country and secondary or a high school could be in another country, but still need one stable place for kids to have less stress. What would be your best approach to this issue and which countries you could live in or recommend to keep all those tax free perks, safe n clean environment and well developed urban city infrastructure like KL, Istambul, Moscow or Singapore could offer to a family with kids..?
@ag-ep8uc
@ag-ep8uc 5 жыл бұрын
Hey Andrew! Love your videos and your channel! But your musical intro theme song is a bit overwhelming on the ears compared to the info parts with just your voice. I find myself scrambling for the volume button to turn the music down when it kicks in with more than one of your videos. Thought you might want to know...
@nomadcapitalist
@nomadcapitalist 5 жыл бұрын
Thanks, AG. We'll address it for future videos.
@mmss3161
@mmss3161 3 жыл бұрын
excellent content, I enjoyed it. I share your view of classifying properties in tiers, depending on subjective criteria.
@roysnabilie8345
@roysnabilie8345 5 жыл бұрын
I want to buy in South east Asia, but Foreigner can't own a property in south east Asia. How do you do that in Malaysia?
@ichbinhier355
@ichbinhier355 5 жыл бұрын
great video! I have a question how do you manage your houses around the world?
@nomadcapitalist
@nomadcapitalist 5 жыл бұрын
Good question; stay tuned.
@margyiphillips4931
@margyiphillips4931 4 жыл бұрын
Morning Prof. I am waiting to catch your latest upload. Oh...guess what? I .....just .....ordered my copy of wait for it....your book😃😃😃😃😁
@nomadcapitalist
@nomadcapitalist 4 жыл бұрын
looking forward to hearing first impressions
@GraysGazette
@GraysGazette 3 жыл бұрын
do you fly private or still fly with airlines?
@Mxm9966
@Mxm9966 3 жыл бұрын
I have no plan to buy properties in another country but it is good to learn other perspectives. Thanks!
@tetsuyama5116
@tetsuyama5116 4 жыл бұрын
I like the multiple residences in Thailand. Own 2 and rent one, desire to own it and the unit next door eventually... Same same as ready in each one with the exception of work space (audio project studio) in the rental...
@Andrey-ox5zm
@Andrey-ox5zm 3 жыл бұрын
Nice spread of properties by the countries and by the usage/ purposes. Do you always use a local lawyer first to find a RE agent or you search RE through local ads/ classifieds or buy by someone's recommendation?? Is there in those countries you ve bought into, a Govt system of the repossessed or mortgagee sale for distressed property through a court, sheriff, debt collector or bank and what was your experience, if any? Why asking? Its usually the cheapest possible buy as someone s loss is your gain, and in property you make money, when you buy it, not when you sell it...
@BlksrBLKSR
@BlksrBLKSR 3 жыл бұрын
Done. Chicago, Stockholm, Gold Coast QLD
@jeaneloi4624
@jeaneloi4624 4 жыл бұрын
I am doing the same thing in Latin America and Africa. Life is good...
@jeaneloi4624
@jeaneloi4624 4 жыл бұрын
One do not have to become fully nomad to enjoy the benefits of financial success.
@cherylkelly8009
@cherylkelly8009 3 жыл бұрын
Love that way of being in the world
@jessicah3782
@jessicah3782 5 жыл бұрын
That's beautiful. And personal aspirations. :)
@nomadcapitalist
@nomadcapitalist 5 жыл бұрын
Thank you, Jessica. 🤗
@tedpaulus
@tedpaulus 5 жыл бұрын
I’ve had difficulties even with just a single owned property located in a country I wasn’t living in. Maintenance, security, property management, tenant management in the case of rental properties...it can be a nuisance and in some cases a real calamity when things go south. Do you hire any staff to help with the management of these properties?
@nomadcapitalist
@nomadcapitalist 5 жыл бұрын
Stay tuned for a future video on this topic.
@wandasanchez551
@wandasanchez551 3 жыл бұрын
I love your idea. I hope to get to that level. Getting second passport through my father’s country of birth which will allow me to purchase property in that country. That is step one. Malaysia is on my radar. I love Asia and Southeast Asia but seems like KL is a good location with proximity to everything. Would love to land in a location knowing I could stay in my own home, with my own things set up the way I want and ready to go. Great advice. Still deciding on a 3rd. I’ve always loved Europe but still have many more places to explore to define the right country. Like you said, you have to take into consideration their taxation laws including wealth tax.
@maxhi88
@maxhi88 2 жыл бұрын
You could also get a yacht and live anywhere on the ocean.
@youneslahjaiji5739
@youneslahjaiji5739 5 жыл бұрын
I thing that methode A. B. C. D it is very good
@Leo-mh2mz
@Leo-mh2mz 5 жыл бұрын
I know this is really the topic of the video, the one to renounce you’re US citizenship ,how difficult is it to come back to visit
@automationd
@automationd 5 жыл бұрын
My assumption is you apply same rules as you would to a foreign passport holder. Just depends on the passport, as there many visa-free exclusions. Worst case scenario you get a B-2 at US consulate and go. What I would be interested to learn, if there was any prejudice to Andrew, as someone who renounced a US citizenship.
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