Would I Live in these 9 European Countries?

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Nomad Capitalist

Nomad Capitalist

Күн бұрын

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Tax rates and policies in Europe vary significantly where some countries have high tax burdens, while others have implemented tax regimes that are considered more favorable or competitive.
The EU countries have well-established tax laws, regulations, and enforcement mechanisms to ensure that individuals and businesses pay their taxes correctly and on time.
Over the years, countries in the European Union have seen a decline in tax rates as many countries took steps to attract businesses and encourage investments.
In this video, Andrew shares in which places in Europe he would consider living.
00:00 Start
1:44 Turkey
2:32 Austria
3:31 Poland
4:32 Serbia
5:14 Switzerland
9:34 Italy
13:19 Monaco
16:14 Malta
18:19 Ireland
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Пікірлер: 347
@rebeccabaxterbard8073
@rebeccabaxterbard8073 10 ай бұрын
My father lives in Tavira in the eastern Algarve of Portugal (30+ years there as an expat) After spending last winter there, I can honestly say the people are the kindest I've met anywhere. English is spoken by practically everyone and the food & wine are inexpensive yet fabulous.
@lynclarke6184
@lynclarke6184 10 ай бұрын
@@torontovoice1no inheritance tax though. Pros and cons. It’s a wonderful place to live although can be a bit cold in winter because the houses are built for warm weather and lack decent insulation. I’ve been in Southern Algarve for 23 years.
@carolinavarela1572
@carolinavarela1572 10 ай бұрын
From today news brazil anounces a speacial visa for portuguese speaking countries citizens to set apart immigrants from portuguese speaking countries and the rest. After one year in brazil with a residence permit every citizen of portugal has right to brazilian citizenship.
@linabanfield8658
@linabanfield8658 10 ай бұрын
@@torontovoice1I am in the same situation , I would love to move to Spain, but because of all kind of taxes , capital gain, inheritance tax . I will be poor .
@samirSch
@samirSch 10 ай бұрын
Funny, portuguese are rude and stressed. Makes me wonder if you came from Hell, only then they'd look as you described.
@roberthg6718
@roberthg6718 9 ай бұрын
@@torontovoice1 maybe you can have 2 different places , where portugal is just a secondary where you stay for fun. i am in LU tax resident. housing expensive and tax on regular income high although lower then surrounding countries. but no inheretance tax in straight line and no capital gains tax(holding>6mnths). Also looking for a second place , maybe italy. could work for us but everyones situation is different.
@JaakEnnuste
@JaakEnnuste 10 ай бұрын
You have probably forgotten Estonia. We have no income tax on retained earnings. We have no property tax. We have no inheritance tax. In addition, the living environment in Estonia is ecologically clean and the living environment is safe, the locals know English and we are well connected to the rest of the world. Estonia has very low bureaucracy and relatively liberal regulation. The weather is the only downside.
@b2tfuture696
@b2tfuture696 10 ай бұрын
What about CBDC?
@GrayS304
@GrayS304 10 ай бұрын
So true…but the weather is a Huge negative aspect of all of Northern Europe. I have family in Sweden and in Estonia; we visit Estonia 1-2 times a year, always love it in the summer. But, starting in September our relatives get depressed. It’s more the darkness than the temperature…Elagu Eesti ❤
@leoprg5330
@leoprg5330 10 ай бұрын
Weather being the only downside? What about being so close to the big neighbour? I visited Talinn, it's city center is lovely.
@GrayS304
@GrayS304 10 ай бұрын
@@leoprg5330 yes, you are 100% right. That is a big factor. Andrew seems to not ever mention this aspect, going to some unstable countries. We always think about that threat when we are Estonia. However, now it seems that this neighbor is flailing in this war. Who knows? We may not need to worry about it 🙏🏻🙏🏻
@lioneldemun6033
@lioneldemun6033 9 ай бұрын
You suffer a bad virus though and it's called Russophobia....
@ninaro677
@ninaro677 10 ай бұрын
Totally agree about Milan, was quite disappointed
@soumalb10
@soumalb10 10 ай бұрын
Is this one of the greatest episodes you had!? Wow!
@moremusic99
@moremusic99 10 ай бұрын
I was thinking the same exact thing!!
@jtg1465
@jtg1465 10 ай бұрын
I love this guy! Not only is Andrew smart, but he manages to be funny quite a bit and does a hilariously accurate Trump voice impression sometimes! But the real bottom line for me is: he’s got INTEGRITY and is at the very TOP of his game in serving his clientele and in educating those of us who aspire to be his clients.
@markbernhardt6281
@markbernhardt6281 10 ай бұрын
At first he comes off as the typical insufferable libertarian but over time I've grown to like his style and would have no problem hanging out over a beer.
@nomadcapitalist
@nomadcapitalist 10 ай бұрын
Thank you so much for your kind words! We really appreciate it!
@brigidlaffey7343
@brigidlaffey7343 10 ай бұрын
What an interesting fetish to have - the want to see a super model walking by. 🤔 Actually I have known a few models in Milan/NY and you’d be hard pressed to recognise them whence not strutting the catwalks nor appearing in the glossies. Minus layer, upon layer of makeup & the ritzy clothes
@brigidlaffey7343
@brigidlaffey7343 10 ай бұрын
Perhaps things have changed but my own experience of the Milanese was far from grouchy. The service friendly & readily engaged in, & with, humour. Having admired a long shoe horn in one shop (minus the language in those days) I was presented it as a gift 💝// Re the ‘siesta takers’ - yes, it can initially present some inconvenience but one can adjust - it’s their country, their customs after all. When in Rome… 😊. And I’m sure that the Siesta Takers will attain a greater longevity than the non Siesta types caught up in the hustle and noisy bustle. I, for one, would much prefer to live well away from the glare & incessance of the 24hr open domains. Added to, I have never experienced “don’t toucha the clothes” either - thankfully - having always completed my shopping in Milano prior to moving on to my intended destination. Just putting in a word or two for Italy 😊 Obviously your personal experience differs, and as mentioned- perhaps times have changed. // People seem generally more grouchy and angry since the injectables….// All that aside, I love you, and your offerings. Keep being You. I, for one, always appreciated the chaps who wore scarves ; ))
@Euridex
@Euridex 10 ай бұрын
My take on Geneva - it can be a viable option for some people. But it depends on the type of business you operate. For those that deal with international commodity type import/export activities, Geneva is one of the best places to have a base. I know a lot of traders are leaving Switzerland these days and going to Dubai, SIngapore etc. But the local network on the ground is very strong, still. In this business it's all about relationships and Geneva is pretty good for this. Monaco also has quite a few trading houses, but the network is not as deep as in Geneva.
@pg618
@pg618 10 ай бұрын
After years in Asia I do like the organization of some European locations but the snobbery turns me away. Eastern Europe is great, Asia has it set backs, a balance of the two suits me. Also Buenos Aires in northern hemisphere winter is a great place.
@lioneldemun6033
@lioneldemun6033 9 ай бұрын
BA = Pickpocket Central ( like Barcelona and Naples)
@pg618
@pg618 9 ай бұрын
@@lioneldemun6033 I lived there for months, never had my pocket pick, never knew anybody who did. That could happen anywhere. And who is stupid enough to put They're valuables in their back pocket
@lioneldemun6033
@lioneldemun6033 9 ай бұрын
@@pg618 Pickpocketed and carjacked in Barcelona. Never again.
@sthiel1917
@sthiel1917 10 ай бұрын
I understand the grumpy comments. We stayed in an Airbnb in Salzburg. The host/owner said she spent 2 months in California, and couldn't wait to get home because she said people were overly friendly.!! She didn't understand the customer service people at stores, or restaurants who tried to make conversation!!! We talked about how that in the US, employees are trained to do that. We found in the Czech Republic, Austria, and Germany--all local workers were grumpy (compared to US people). We joked that they must have a clause on a job description that in order to be employed there, you must have a grumpy face!!..One of the only friendly servers we had was in Rome, she was Italian, but had been trained with Carnival Cruise Lines in Miami!! So now I don't expect the same service in Europe that I do in the US. We are friendly, but we found that wasn't returned in many places. Different culture!!
@tomv7986
@tomv7986 5 ай бұрын
Culture difference indeed. Many people in Europe are pretty introverted. When I was in the US I also often thought "leave me alone" 😂 For Europeans the customer service in the US often does not feel genuine. You can just be yourself 😂 Which can also turn into bad service, I agree.
@user-vn6ew2pk7f
@user-vn6ew2pk7f 5 ай бұрын
Well, if the "you can be yourself" attitude prevails in Europe, maybe it shows what kind of people they are: grumpy and negative. I prefer the positive side of life, and the customer service I give is genuine because it makes my life and job more pleasurable..but to each his own! @@tomv7986
@LisaSoulLevelHealing
@LisaSoulLevelHealing 3 ай бұрын
Hahaha, funny. I found they were excited to speak with me 🤷🏾‍♀️
@Firespirit233
@Firespirit233 2 ай бұрын
We don’t like fake in Europe. I see a lot of people smiling but this smile is sincere
@GoogleGiveMebackmyname
@GoogleGiveMebackmyname 10 ай бұрын
informative video, thank you.
@nomadcapitalist
@nomadcapitalist 10 ай бұрын
Thanks for watching!
@romankacin8365
@romankacin8365 10 ай бұрын
Great content as usual. Fascinating perspective. You can’t find this on YT on any other channel.
@nomadcapitalist
@nomadcapitalist 10 ай бұрын
So glad to hear that!
@gem3132
@gem3132 10 ай бұрын
Thank you for sharing.
@nomadcapitalist
@nomadcapitalist 10 ай бұрын
Thanks for listening!
@thenigerianfile
@thenigerianfile 10 ай бұрын
Thank you for this very comprehensive video.
@nomadcapitalist
@nomadcapitalist 10 ай бұрын
You're very welcome!
@briancuirin7891
@briancuirin7891 10 ай бұрын
Ireland 🇮🇪
@jamessweeney037
@jamessweeney037 Ай бұрын
Horrible Health Care
@mxm7688
@mxm7688 10 ай бұрын
good overview Andrew, like it a lot
@nomadcapitalist
@nomadcapitalist 10 ай бұрын
Nice to hear that!
@andrewb9346
@andrewb9346 10 ай бұрын
Most of the countries have cold winters, not for me.
@DayaMcCarthy
@DayaMcCarthy 10 ай бұрын
Malta has great warm weather throughout the year
@fastpistonx
@fastpistonx 10 ай бұрын
Cold grey dull dark wet windy winters are absolutely a big NO for me. I wasted enough of my life in such miserable countries. Better by the beach relaxing all year round. In Europe little FRESH food is available. Fresh food markets are rare. I've been to Malta many times. Too small. Very disappointed at the quality of fresh vegetables, especially with Sicily so close. I got the feeling some cartel or Mafia was selling rubbish to Malta.
@charlesking9425
@charlesking9425 10 ай бұрын
The old residential buildings in Monaco were really nice, full of character & charm. Sadly most have been pulled to build soulless high rises. For me it has always felt like living in a goldfish bowl, probably why most who have residence there own villas in France or a short trip over the border to Italy. Each to their own. Toodle pip.
@oliver8296
@oliver8296 10 ай бұрын
Great video! When will you be visiting Gibraltar?
@AB-el4zw
@AB-el4zw 10 ай бұрын
Great content Andrew, as usual. 🤘🏼
@nomadcapitalist
@nomadcapitalist 10 ай бұрын
Thanks!
@hunchbackaudio
@hunchbackaudio 9 ай бұрын
Just remember, good healthcare, education and infrastructure is expensive. So don’t be too surprised when the low tax countries are also low scoring on these exact points.
@TheAmericanVagabond
@TheAmericanVagabond 10 ай бұрын
Listen to Andrew! And- Hello from Medellin! 🇨🇴💃🏾💃🏾🕺🏾
@carolinematta5764
@carolinematta5764 10 ай бұрын
Andrew, agree with you totally about Istanbul, love the city but not for permanency. A month or two per year is ideal and I miss it if I don’t travel there for a long time.
@yogachittammclauchlan6806
@yogachittammclauchlan6806 10 ай бұрын
I love your genuine nature - you will really appeal - well done
@mattanderson6672
@mattanderson6672 9 ай бұрын
Thanks Andrew!
@leelavenusian1808
@leelavenusian1808 10 ай бұрын
Loved this video
@nomadcapitalist
@nomadcapitalist 10 ай бұрын
Thank you!
@michaelr.4921
@michaelr.4921 10 ай бұрын
I like how your definition of "personal freedoms" is being rich and living in underdeveloped quasi-dictatorships like Serbia that have rule of law based on government whims. A strange concept...
@IvansBikesBmws
@IvansBikesBmws 10 ай бұрын
Very interesting video. Seems brutally honest!
@lisas44
@lisas44 10 ай бұрын
Good vid, tks! I have no plans for any long-term stay in Austria after they went full fascist on Covid.
@carolinematta5764
@carolinematta5764 10 ай бұрын
The same, for the same reason.
@DomsDocs
@DomsDocs 10 ай бұрын
I completely agree about Malta and Milan - i personally will never return to these places. I dont get it either! Surprisingly Bergamo, not far from Milan is a hidden gem (dont tell anyone!)
@lioneldemun6033
@lioneldemun6033 9 ай бұрын
Fun fact : French Canadian singer Diane Tell sang a love song mentioning Bergamo ❤
@democracycafe1337
@democracycafe1337 10 ай бұрын
Hi thanks for your commitment in bringing us the information to save tax and find the best country to live. Can you please re do Dubai /UAE update. Thank you!
@markuswunsch
@markuswunsch 10 ай бұрын
If you liked Lucerne you should also have taken a look at Lausanne which is a small but somehow lively and youthful city with tons of startups (highest percentage relative to it's population), great universities, etc. -> I love it and it's close to Geneva but less bureaucratic and more open to good tax deals. Other nearby beautiful towns are Vevey, Montreux, Verbier, Gstaad, etc... PS: Also you can buy lakefront properties but of course they come at a higher price (I for example got one at 22m CHF).
@stayfocused1041
@stayfocused1041 10 ай бұрын
Je suppose que vous parlez francais... I am thinking about relocating in Lugano with my American trader husband. I am retired. How is life in Lugano? Merci
@markuswunsch
@markuswunsch 10 ай бұрын
​@@stayfocused1041 Lugano is very beautiful but I never lived there so can't tell you much about it but from what I heard it is a great place to retire. If you are moving there please be aware that Lugano is not in the French but in the Italian-speaking part of Switzerland. In terms of languages I do speak French, Italian, German, Chinese, Thai and of course English.
@stayfocused1041
@stayfocused1041 10 ай бұрын
Merci. Parlo Italiano. Lugano seems to be my kind of place, since Southern France is not livable anymore.@@markuswunsch
@theandrewhenderson
@theandrewhenderson 10 ай бұрын
Liked Lausanne, probably wouldn’t live there.
@joeywharton5662
@joeywharton5662 9 ай бұрын
Also Meggen a village a few kilometers outside of Luzern, on the lake is one of the lowest, if not lowest villages in Switzerland. Marc Rich (the trader Clinton pardoned) had his compound there.
@roger55es
@roger55es 10 ай бұрын
Great updates on suitable places. Depends on what your preference is to your level of lifestyle. I lived in Ireland then moved to Spain for more security & better weather, infrastructure, train & accessibility to cuisine & sun Beaches are fantastic. The Spanish culture is very similar to Irish . The Spanish are warm welcoming & very helpfully. Speaking is a bonus but there's lots of people who have bought their homes there. I love the diversity of the different life styles and almost have what's liked by everybody. Where I live small town beside Málaga & Marbella Where its so easy to walk to everywhere super markets etc . Lots of fresh organicly produced food & locally caught sea food. 300 days a year great weather . All in public transport is extreemly economic.
@tameemmayet4454
@tameemmayet4454 10 ай бұрын
Hey ,I am from South Africa and in tech. Would you recommend Spain over Ireland for me in terms of working living there?
@roger55es
@roger55es 10 ай бұрын
@@tameemmayet4454 depends on the salary. Ireland has excellent job opertunities & salaries are higher but the cost of living in Ireland is at least double . Travel car insurance heating are expensive
@tameemmayet4454
@tameemmayet4454 10 ай бұрын
@roger55es What about Spain and its opportunities? It seems you enjoy Spain more because of its lifestyle. Is it very safe?
@roger55es
@roger55es 10 ай бұрын
@@tameemmayet4454 lived here 20 years without any problems TG
@pinetworkminer8377
@pinetworkminer8377 10 ай бұрын
How different is Spanish culture from Latin American culture in terms of mentally?
@ferahl
@ferahl 9 ай бұрын
Great video. Curious about Estonia, Hungary, Bulgaria, Romania which have some combination of low corp or low dividend tax too
@davidleonard37
@davidleonard37 10 ай бұрын
I'm on a decent wage but I feel poor when I watch Andrews videos. Very enjoyable content. Also I'm Irish and after a lot of travel I concur that out little Island is a good place to be.
@comeforaride
@comeforaride 10 ай бұрын
Invest
@keitho77
@keitho77 10 ай бұрын
No it isn't. Not by any metric. Ireland is on a downward spiral.
@lonalxaia
@lonalxaia 10 ай бұрын
The illegal migrants think so too.
@carolinekaplan542
@carolinekaplan542 10 ай бұрын
So lucky to have your citizenship and the island. As an American looking to get to Europe you are in the green.
@doniehurley7634
@doniehurley7634 8 ай бұрын
Can you expand on this bullsh*t theory@@keitho77
@edtravelbug
@edtravelbug 10 ай бұрын
After watching "Where to live" videos for the last 20 yrs I finally decided to go "LIVE" in the place I am at already. Embrace it and be happy with what I have and travel for fun - HA (This philosophy will probably last a day and then I will find new videos on where to live).
@haych27
@haych27 5 ай бұрын
lolz, I totally relate. I actually need about 3 places, one by the sea for ocean life, one in a city and one rural. Also trying to find a place that has low cost of living, no CGT on crypto, all the four seasons (not extreme heat or extreme cold), not humid. Idk if it exists
@simmorg290
@simmorg290 10 ай бұрын
Has anybody here lived in, or spent some time in, Ljubljana the capital of Slovenia? That's a place that I quite like the look of.
@Sirjohnny
@Sirjohnny 10 ай бұрын
We just left Kl and loved it, and will be back, but now in Japan. But here is the question, after getting a second citizenship in an EU country, which eu country would you live in and work in on a part-time basis.
@lucie442
@lucie442 9 ай бұрын
How do you make income and are able to stay in Japan? Would love to go there!
@tomv7986
@tomv7986 5 ай бұрын
Poland might not be the best place for rich people, but for me it ticks my boxes. Still fairly affordable, not ultra bureaucratic, very safe, well connected.
@sevinchahmed4368
@sevinchahmed4368 9 ай бұрын
You never mention Bulgaria, which I find rather strange. The tax is fixed on 10% or 7,5% for freelances. Costs for starting a business are very low only 2-300 euros. After living for many years in Austria, I must say that Bulgaria was much faster, cheaper and efficient and I'm aware of many other people that are moving their business there.
@pierrex3226
@pierrex3226 6 ай бұрын
How are you handling the alphabet / language? I really like the part that used to be Romanian, around Balchik.
@panmichael5271
@panmichael5271 5 ай бұрын
I get the sense that, subconsciously, Andrew is applying Malaysian metrics for comparison to all these locales because this serves as his home base. So one will need to bear this in mind.
@jamalgreen3056
@jamalgreen3056 10 ай бұрын
I been looking forward to be more informed about Europe since it’s so many different countries and parts of Europe
@maxflight777
@maxflight777 10 ай бұрын
*I didn’t realise we had to take a Berlitz class to come for 5 days* 😂😂😂 Love your compelling humour Andrew.
@sthiel1917
@sthiel1917 10 ай бұрын
that made me chuckle too...as he says it in a straight face..
@vmoses1979
@vmoses1979 9 ай бұрын
Note that is a French thing. Other European countries don't say that.
@anacasanova7350
@anacasanova7350 9 ай бұрын
Una persona culta y rica debe hablar francés nivel B3.
@nicolas4601
@nicolas4601 9 ай бұрын
Just like no one needs to know any English just to spend 5 days in New York.
@MT-kr8cn
@MT-kr8cn 9 ай бұрын
@@anacasanova7350 tambiėn hay personas pobres que hablan francės ( con acento en la ė)🤗
@san45myinttun
@san45myinttun 5 ай бұрын
Thank you
@hansfranklin5070
@hansfranklin5070 10 ай бұрын
Love your content....not sure how far a pension and social security will get me though in 2035 considering I just went through Chapter 7 and am starting over at 58 years old! 😮 I lived in Mexico twice as a kid when my dad was trafficking Marijuana in the late 60's, early 70's. Up and down the west coast of the US and BC. Lived and backpacked Europe three weeks in '91 and for seven months in '98! I loved Italy, Spain, Austria and Switzerland. All of which are probably out of my price range?
@goodc0re
@goodc0re 10 ай бұрын
One interesting and important aspect of a country is the ability to order things online. So it would be very good to include this in future country comparisons. Can you order from amazon? What are the import taxes like if you order expensive items from overseas should there be no local amazon? Is the delivery service reliable, fast and convenient? What is the process like should you be required to pay import duties? Do you waste a day physically going to a customs office opening your parcel in front of the officers or can you pay online? Can you order groceries online, is there Uber, Grab, etc. It makes a difference. Thanks for your work.
@kellyname5733
@kellyname5733 10 ай бұрын
Agreed @good. The day to day living is important to me as well. Dont want to live in a country that has ridiculous rules for trivial things. I definitely want freedom to purchase what I want without interference such as import tax.
@stayfocused1041
@stayfocused1041 8 ай бұрын
I agree. Important also is the possibility to order medicine, especially natural remedies. E.U countries used to be a lot better but now have forbidden certain plants or substances.
@zlatkopodrug9437
@zlatkopodrug9437 10 ай бұрын
I loved your tour experience even that is has nothing to do with my personal situation. You got like for that. When will you visit and discuss Slovenia or better Croatia? They are both EU and Croatia has amazing coast. Kind of same deal as Montenegro that you like,
@AwesomeSwimmingSpots
@AwesomeSwimmingSpots 10 ай бұрын
Croatia also has pretty good taxes. Slovenia, not so much, but it's an efficient country.
@CryptoGrit
@CryptoGrit 10 ай бұрын
Serbia is great for people that come from other countries and for people that work from Serbia for outside companies, but for the regular citizens it's super poor :/
@pierrex3226
@pierrex3226 6 ай бұрын
I havent looked in detail, but i suspect it's a scheme to attract tax revenues from people who otherwise would live elsewhere.
@kuchojoe500
@kuchojoe500 10 ай бұрын
Many thanks sir, i like your videos please can you keep short.
@jak-zg1225
@jak-zg1225 10 ай бұрын
Hi,can I enjoy the benefits of Ireland's low taxes if I already live in it for 15+ years?I'm Polish btw.
@Barbara_M.
@Barbara_M. 9 ай бұрын
May I suggest if you ever come back to North of Italy try Torino (Turin) instead of Milan. 😊
@suzanneparcelewicz4078
@suzanneparcelewicz4078 8 ай бұрын
I lived in Canton Vaud in Switzerland for 2 years. I found it very difficult. Also, if you are looking at Italy, and not worried about being near a big city, Sicily is beautiful and reasonably priced.
@CollectiveUsys
@CollectiveUsys 10 ай бұрын
First of all, great content! One suggestion: you could clarify points such as the unique status of Switzerland. While it's not an EU member, Switzerland does have special onboarding procedures for EU member countries ; and noting their neutrality.
@Laura-dy1vc
@Laura-dy1vc 10 ай бұрын
As I understand it, Malaysia is extremely humid and there are a lot of flying bugs, so I wish Andrew would say more about their “great” weather.
@mtngrl5859
@mtngrl5859 10 ай бұрын
Nearly all of Asia is humid. Since I'm not a "city person" there are less offerings for me in that part of the world. China releases their nuclear waste directly into the ocean, so not sure how safe it is to be eating seafood in that region of the world.
@shinachikudidnthappen..mov9196
@shinachikudidnthappen..mov9196 10 ай бұрын
It is indeed great 😅 Especially when you develop skin condition due to deteriorating immune system from living in cold country, like in my case. I used to have severe eczema, at one point i sleep sitting up with kitchen towelette wrapped around my neck for the weeping. Now? Not even a rash even when i no longer practice GAP diet for years, or do things that required me to sweat more than one hour. Living in countries with 4 seasons is extremely taxing to the body and mind, and you'll grow an absolute appreciation to weathers like Malaysian when you've gone through bad mitochondrial health phase. As for the bugs, why let it even bother you? You are an apex predator, your brain is the mightiest. Just put on your electric mosquito mat and be done with it. At least electricity in Malaysia is cheap and subsidized.
@mtngrl5859
@mtngrl5859 10 ай бұрын
@@shinachikudidnthappen..mov9196 Clearly it worked in your case, but its not an either/or. If one looks at either regions in the world, one can get a better balance IMO.
@owenelkjr200
@owenelkjr200 10 ай бұрын
Could you do a video on tax optimization for 6 figure entrepreneurs. Agency owners like myself who work online and are free to move to places where treated best ?
@danalevie8210
@danalevie8210 10 ай бұрын
You have information also for the middle class?
@joeschleprock3409
@joeschleprock3409 10 ай бұрын
nope lol
@pg618
@pg618 10 ай бұрын
I am of Irish descent but it was my great-grandfather that moved out and that disqualified me.
@dragolax
@dragolax 10 ай бұрын
I would look into talking to whichever parent's grandfather that is and try to talk them into getting citizenship, then getting it through them after. My sister is waiting on her mom to get her Italian citizenship finalized so she can get it through her
@murkywaters5502
@murkywaters5502 10 ай бұрын
@@dragolax Your sister is waiting on "her" mom? Do you mean a half-sibling? Also, as far as I know, Italian citizenship by iure sanguinis does not have a generational limit like other countries, so your sister shouldn't have to wait on her mother because there should have already been an unbroken chain that extends to her. I think the real situation is that there are certain difficulties with women passing down citizenship if they were born before a certain year, is what I read.
@maxflight777
@maxflight777 10 ай бұрын
Portugal , particularly the Algarve ? It’s (happily) unpopulated! 100km wide by 40km deep. Only 400,000 population. No traffic jams, no aggression or stress. Allmost zero crime, the world’s best climate, efficient police (making it unpopular with Somalian/other thugs ) breathtaking seafood, very clear air. Add in; incredible hill trails for cycling/dirt motorcycles/horseriding…Superb golf courses and Warm water sports on the coast. No litter on the beaches and lovely friendly (if a little shy) locals. You can have a fabulously diverse group of friends with Dutch, Canadian, German, French, South African and American friends here. If you are 55 or over I’d strongly recommend it. Under 50? I’d say stay away ! It’s too unsophisticated and too slow !
@nomadcapitalist
@nomadcapitalist 10 ай бұрын
Wow, thanks for sharing!
@magdalenamaslowski7086
@magdalenamaslowski7086 10 ай бұрын
Born and raised in Poland . I have 2 appointments there ~ one in my small town when I was born and second in Warsaw . ❤love the country and me and my husband will move there once we pull the plug to retire .
@nomadcapitalist
@nomadcapitalist 10 ай бұрын
Good luck with that!
@romaaeterna5476
@romaaeterna5476 10 ай бұрын
Very beautiful country, but also very corrupt and unfriendly (vestige of the communist era). They distrust everybody and they have the most vile scams you can imagine.
@whoknows1570
@whoknows1570 9 ай бұрын
Good luck with what, you snotty schmuck?! @@nomadcapitalist
@GrayS304
@GrayS304 10 ай бұрын
Andrew, do you have a family? If yes, how do they tolerate all this country-hopping? We love to travel, but just listening to your report made my head spin! 😂🎉
@davelawson2564
@davelawson2564 10 ай бұрын
live in one place as resident with low to no tax .....other places are for visits in summer or winter he has wife .
@user-wd3iz1fm1l
@user-wd3iz1fm1l 10 ай бұрын
"I didn't realize I had to take a Berlitz class to stay for 5 days" - LOL!
@jabirrahman7352
@jabirrahman7352 10 ай бұрын
This has got to be one of your greatest videos ever. Thank you, Andrew
@tameemmayet4454
@tameemmayet4454 10 ай бұрын
Great video Do you think ireland is probably the best country to move and work as a South African citizen? Would like to move to middle east too afterwards maybe
@murkywaters5502
@murkywaters5502 10 ай бұрын
With the way things are in South Africa, you're lucky to take what you can get.
@teran1237
@teran1237 9 ай бұрын
@Nomad Capitalist Thanks for the video. Did you go/visit France and Germany ? If so, what do you think about these countries ? Thank you again !
@francoisleyrat8659
@francoisleyrat8659 9 ай бұрын
I suppose Germany and France are both 'socialist' hell.
@jasminealixandranorth
@jasminealixandranorth 9 ай бұрын
He mentions both in the video…. 🤦‍♀️
@SvengelskaBlondie
@SvengelskaBlondie 3 күн бұрын
"commenting before watching the video"
@deep6301
@deep6301 10 ай бұрын
Any suggestions for seniors on social security?
@mz_9118
@mz_9118 10 ай бұрын
Alicante Spain
@lisas44
@lisas44 10 ай бұрын
@@mz_9118curious, why?
@mz_9118
@mz_9118 10 ай бұрын
@@lisas44 cheap, good weather , ocean major European cities within 2 hr flight
@enjoyslearningandtravel7957
@enjoyslearningandtravel7957 10 ай бұрын
Panama or Costa Rica
@cduance83
@cduance83 10 ай бұрын
When you say a million for Malta, is that per person or per family etc....
@Goodman849
@Goodman849 10 ай бұрын
Got a residence permit for the nethelrands. After 1 year i can honestly not recommend it. Not what i hoped it would be. Ireland was better for me.
@pinetworkminer8377
@pinetworkminer8377 10 ай бұрын
In what ways? Please elaborate
@rebeccabaxterbard8073
@rebeccabaxterbard8073 10 ай бұрын
I've heard this too. My Italian nieces went to university there - crappy weather, even worse food.
@blktauna
@blktauna 10 ай бұрын
@@rebeccabaxterbard8073 I've never had a bad meal in Amsterdam and while weird, the weather was reasonable. I would choose elsewhere because I like warmer weather but it has 4 seasons and very nice people.
@peterpeter8217
@peterpeter8217 10 ай бұрын
The Netherlands has one of the highest taxes in the world. Just get the f0ck out of there. I'm from The Netherlands and going to move to a more tax friendly country with warmer / better weather..
@Goodman849
@Goodman849 10 ай бұрын
@@pinetworkminer8377 so many reasons I did not see while visiting before that I can not list here. Buying a house and living there has really put me off the country. To many negatives to list which outweigh the positives. 1 tax law for example the wealth tax seems dishonest and evil. 2. Lack of community social cohesion. I noticed a comment on a forum someone wrote; people are friendly and welcoming.( I experienced that in maybe 30% of cases I met some sweet people there.) Another person commented that not true; 'Dutch are well know for being arrogant cold hearted and unmannered' with 20 likes below that statement. From my personal experience the people in the Netherlands are not all Dutch as many immigrants are there also. But from my experience people and government tax authority are generally money grabbing cold hearted and without manners. For me it seems like an unfriendly place hard to do business too many strict rules. With modern architecture and perfect infrastructure. Also I guess the economy is looking shaky a bit like germany. With high oil and gas import costs as a lot of high value exports require imported gas and oil. My quality of life was much higher in england. And when you consider England is going down the toilet that's not saying much! I fell in love with the netheleands because of the efficiency and excellent cycling. Having lived there I now cannot wait to sell my house and leave. I will miss the quality supermarket food and efficiency also the cycling. But honestly I'm desperate to sell my house and leave now. People in other countries like Philippines ieland uk Canada etc are 100x more freindly on AVERAGE. It's not what I though it was and made me depressed. I now realise what a great culture other English speaking western countries have and miss the connections with warm freindly mannered unselfish people from those countries on average balance. The Netherlands is now officially in recession. However I still believe the economy is strong. If a bit overpriced for real estate etc. Yet what ever future I still can not justify living in a country that makes me feel depressed. Where other places make me feel good happy and more free.
@sprezzatura8755
@sprezzatura8755 10 ай бұрын
I love both Switzerland and Ireland. But I think I would personally choose Switzerland. Zurich is my favorite so if I was reasonably nearby I would be one happy fella.
@jasminealixandranorth
@jasminealixandranorth 9 ай бұрын
Insanely expensive tho.
@MondayMornings
@MondayMornings 9 ай бұрын
living in SEA, every time i hear great weather in SEA i want to dig a hole. There are certain parts (Bali as an example) that 3-4 months a year have great weather. KL weather is horrible, same as Singapore. Bangkok a bit better... but i do miss seasons every year i spend here.
@vmoses1979
@vmoses1979 9 ай бұрын
They have seasons - wet and dry. And if you live in KL the Cameron Highlands are close by for cool weather although it can be misty. And finally Japan or South Korea is a few hours flying time for autumn and winter.
@joeywharton5662
@joeywharton5662 9 ай бұрын
I lived in Luzern for 13 yrs, was married to a Swiss guy so i understand the culture well. I much prefer the Ticino, swiss organization with a bit of Italian culture. Its farming and tourism so also a bit cheaper for full time living. Theres also Champione de Italia a bit like Andorra, i believe it tax free but expensive and difficult to get into. Lots of casinos, also in the Ticino area. The German-Swiss are a very closed culture and its very difficult to get a swiss passport. It my Austrian FIL 30 yrs! I miss Switzerland and have permant residency and have considered it for retirement but I dont like thats its landlocked by Europe. I'm considering Argentina if Milei wins.
@stayfocused1041
@stayfocused1041 8 ай бұрын
Could you recommend a "best" place just outside of Lugano to live full time? Franco-American couple decided to retire in Ticino. Will get first reconnaissance trip soon. I have not been in Switzerland since ages. Thank you
@ivearies4187
@ivearies4187 10 ай бұрын
I have been to most European countries he mentioned in this video. If I could ever afford Italy, Switzerland or Spain! And at 54 it is hard to escape the rat race not having a fortune. There is a couple from Portland on KZfaq “Beneath the surface”, who sold everything, moved to France and started all over. Fun to watch their beautiful house and remodeling plans. That can only happens when there are money. Great content though.
@murkywaters5502
@murkywaters5502 10 ай бұрын
If you're earning a US salary, Italy and Spain are relatively affordable. Heck, Oklahoma City is more expensive than many cities in Western Europe, and people aren't exactly scrambling to live in Oklahoma City! The monthly rent for a 1 bedroom apartment in the city center of Madrid is a bit over $1000 USD--more or less half of the average rent in many places in the US (normal, medium-sized cities). Combined with the cost you'd save not having to own a car like in the US, cheaper health insurance, and everything comes out to be a good amount cheaper than in the US. Really, the only major factor is if you're making US wages or local wages, because obviously, local wages can be quite poor.
@JFord44
@JFord44 10 ай бұрын
Andrew, would you care to share more about your Monaco experience?
@MarkRose1337
@MarkRose1337 10 ай бұрын
Zug is really nice. I would consider living there. Though Switzerland was disappointing with how crowded it was. There is nowhere to get away from people when you want to be alone
@stayfocused1041
@stayfocused1041 10 ай бұрын
Even in Ticino county? Isn't less populated?
@MarkRose1337
@MarkRose1337 10 ай бұрын
@@stayfocused1041 I haven't been all over the country, but where I did go, from Zurich, to Zug, to Luzerne, felt like one big megalopolis. There was no space between cities, and the farms, if you can call them that, were miniscule in size, with numerous houses. In Canada we have suburbs less densely populated than the countryside I saw in Switzerland.
@stayfocused1041
@stayfocused1041 10 ай бұрын
Thank you, It has been a while since I have been to Switzerland. It was already too crowded to my taste, but spacious in the mountains, looks like it has changed. Everyone wants to go to Switzerland....safety I guess@@MarkRose1337
@lioneldemun6033
@lioneldemun6033 9 ай бұрын
​@@MarkRose1337That's was my impression travelling in 🚆 through Central Switzerland too and it was 25 years ago ! I ve learnt that since the population has still increased 2 million !
@jasminealixandranorth
@jasminealixandranorth 9 ай бұрын
American here. I’ve been living in the Swiss alps for 15 years. Incredibly beautiful but I find Switzerland cost of living to be through the roof. Also…. Swiss are not friendly or open - xenophobic in fact. In General the whole country is now extremely overpopulated accompanied by severe traffic issues in all the cities. Very clausterphobic landlocked country. Of all the places. Ireland is clearly the best option.
@stevebarlow3154
@stevebarlow3154 10 ай бұрын
Andrew, I think you looked at the wrong end of Lake Geneva/Lac Léman. At the eastern end you have Montreux and Vevey, both attractive waterside towns with some beautiful properties for sale (I saw a castle for sale recently!). You are right in the mountains at that end of the lake, with fabulous views across the lake to the French Alps and a lot of English speaking expats, including some famous people. If Montreux and Vevey are too small (both about 25,000 citizens) then Lausanne just the other side of the beautiful vineyards of the Lavaux is in my view a more attractive place than Geneva. I don't know if it still exists, but Ireland has/had a tax law that enabled creative people such as authors, film directors, composers etc to come and live permanently in Ireland free of income tax. My father, who was a writer, spent the last years of his life living in Cork. I can't spell it, let alone pronounce it, but the Art History Museum in Vienna is the finest art museum in the world. Even better than the Louvre. Whereas other top art galleries might have a single Breughel, the Art History Museum has an entire room full of them!
@AndrzejLondyn
@AndrzejLondyn 10 ай бұрын
Being a Polish citizen you can get plenty of financial benefits, 800 zlotych for every child, get money for holidays... You can practically not working live out of state benefits...
@FromTheBiggining
@FromTheBiggining 10 ай бұрын
You mean out of tax payers' benefits.
@robgrey6183
@robgrey6183 10 ай бұрын
Nation of Freeloaders. Unsurprising in an ex-Commie country.
@lucie442
@lucie442 9 ай бұрын
Could you please explain more about the person who dismissed his US citizenship and moved to Switzerland (and Malta)??
@larsvongraff5794
@larsvongraff5794 10 ай бұрын
Hiked the Ring of Kerry when I was a lot younger and was impressed by the overall friendliness of the Irish people. Nix the Northern Ireland visit and stay south. 1 day in Belfast for me I am good for life. This was many many years ago however so don’t take that opinion as gospel of course.
@DR-ts4eh
@DR-ts4eh 10 ай бұрын
15:36 never missing an opportunity to bash my home airline do you? haha :) and to right follow after that: personal bias yes, but I believe Zug is better than Lucerne and the 30min closer to Zurich and the Airport. Also it could make a difference tax wise where Zuig might be lower. But if it doesn't (lump-sum etc), Lucerne real estate is better value for money sure.
@thomasrobertfitness
@thomasrobertfitness 20 күн бұрын
I’m a Hungarian citizen, therefore an EU citizen, for now… however I moved to Zürich and I would like to settle up my GmbH. The company would not only operate in Zurich, but in other Swiss cantons as well. Would you suggest that Luzern would be a better option to have my company registered?
@jonathanspruance4502
@jonathanspruance4502 Ай бұрын
"not sure if the juice is worth the squeeze" - love it
@ams0063
@ams0063 10 ай бұрын
As always brilliant explanation. But why did you not bother coming to the UK. I mean any specific reason?
@nobodymister5435
@nobodymister5435 10 ай бұрын
They keep telling everyone they're not actually in Europe^^
@danwednesday6748
@danwednesday6748 10 ай бұрын
ulez
@angr3819
@angr3819 10 ай бұрын
@@danwednesday6748 That is in London and Brighton, not all over.
@angr3819
@angr3819 10 ай бұрын
@@nobodymister5435 Geographically we have always been in Europe. Of course we know that. We voted to leave the organisation fomented as the second Nazi contingency plan, the EU Superstate but to remain in the single market European Economic Union. We have been betrayed again by central banker/royal related politicians. Brexit has been sabotaged. We still are tied to the worst aspects of it, and thus aren't nearly as better of than we would be if we had come out properly and entirely. Remember that the EEC and the EU are only relatively recent mid twentieth century organisations. The UK (including Northern Irelan) did not belong to the EEC until 1972 and we were dragged into the sinister EU decades later, without a referendum.
@anotherabeer4341
@anotherabeer4341 9 ай бұрын
What if all my German ancestry on both sides came to Pennsylvania in the 1700’s? Is it too far back? Same for my Swiss-German ancestry on both sides again. What’s the cutoff date?
@mylifeasivana
@mylifeasivana 9 ай бұрын
How about Zug in Switzerland? You didn’t mention this Swisd canton that is considered a tax paradise
@poulnrgaard7820
@poulnrgaard7820 9 ай бұрын
While the Nordic countries are full of taxes, if you live long enough to go on pension, you really cash in on all the taxes you paid: Last visiting the pharmacy, was one of the expensive visits, as some of the tablets I resupply 4 times a year are really expensive. My total purchase was, in US$, 290. I paid.... 11. So I know where my retirement address is.... then we experience all the rest in the camper.
@dsansil
@dsansil 8 ай бұрын
the only thing that matters to this guy is where he can avoid paying more taxes...Hence he loves Asia (terrible weather in my opinion, hot as hell and so humid your face is always shinning)
@krokodilen31
@krokodilen31 5 ай бұрын
​@@dsansilyes hes just disgusting i really start to feel ill when i hear the guy. As fat as i can say this is the kind of people we don't want at all in the Nordic countries at least. Im pretty sure sbout the mayority of the population in the rest of the EU despise him to.
@mrpeel3239
@mrpeel3239 10 ай бұрын
Love those 43 Euros burgers in Monaco!
@jelliebean2680
@jelliebean2680 10 ай бұрын
We were just there and the luncheon was the same price as we pay in the USA. I was surprised.
@villageintheshire
@villageintheshire 10 ай бұрын
It's interesting as a parent listening to someone who I assume has no children. The inventory on what is important couldn't be more different.
@claireedgley7897
@claireedgley7897 10 ай бұрын
"I didn't realise I needed to take a Berlitz class to come for five days". 😅 Gotta love native French speakers. 😊
@TheJoezaidan
@TheJoezaidan 10 ай бұрын
9:15 Is Zermatt, not lucerne
@joeschleprock3409
@joeschleprock3409 10 ай бұрын
Geneva is $500k per year??
@Heurigijdbd
@Heurigijdbd 2 ай бұрын
istanbul is the only part of turkey that is in european, other than that I wouldn’t even consider turkey to be european.
@SvengelskaBlondie
@SvengelskaBlondie 3 күн бұрын
Turkey is as much European as a sloppy kebab is construction material.
@time2bebetter
@time2bebetter 10 ай бұрын
Luzern is an absolutely stunning town in Switzerland. Both in summer and in winter. Went there very often and would love to live there if my purse allowed it.
@dl6860
@dl6860 10 ай бұрын
Ireland taxes residents on worldwide income... how do you justify that?
@Cryptoversity
@Cryptoversity 8 ай бұрын
I just rode for 4 months and 16,000kms through UK, North, East and Southern Europe this summer just to renew my view (even Ukraine to cut through our propaganda and speak to locals). I have to say, Montenegro and Albania are the most improved.....and I am thinking of moving my base from Slovenia to Croatia (although Slovenia is the best for tax for Crypto). I like aspects of Malta but wouldn't choose it to live, but may tax/flag a yacht there (else Poland). Please do a show for full time yachties, and one for digital nomadic riders & R.V.ers , tax tips.
@trustmeiknow1
@trustmeiknow1 10 ай бұрын
I remember Andrew said he wasn’t going to be in front of the cameras anymore, instead taking a new role in the company , luckily that wasn’t true 😅
@MarkRose1337
@MarkRose1337 10 ай бұрын
Plans aren't allowed to change? They have a separate "details" R&D channel now, while this one is more big picture
@trustmeiknow1
@trustmeiknow1 10 ай бұрын
@@MarkRose1337 nobody said plans aren't allowed to change, I distinctly remember him saying he wouldnt be on the front lines anymore, and luckily he is, those are merely facts.
@saludyvidaintegrales7982
@saludyvidaintegrales7982 10 ай бұрын
I prefer islands in southern asia or islands like Mauritius. Several languages, CAPITALISM (SO IMPORTANT, IT MEANS HOPE AND FREEDOM) and tropical wearher.
@nomadcapitalist
@nomadcapitalist 10 ай бұрын
Mauritius truly is a hidden treasure of Africa. We have a video about it on our R&D channel, you can see it here: kzfaq.info/get/bejne/oapkqtWDvK7Zqn0.html
@2Rugrats9597
@2Rugrats9597 8 ай бұрын
I absolutely loved Prague, Czech Republic.
@Valent_Nomad_vlog
@Valent_Nomad_vlog 10 ай бұрын
People have even lost the ability to define freedom 🙃
@TravelWithFlamboyance
@TravelWithFlamboyance 9 ай бұрын
I need a great location to retire outside US to live on low six figure income and have decent weather. Unfortunately my husband requires a great golf course 🙄 Suggestions?
@nomadcapitalist
@nomadcapitalist 9 ай бұрын
Hi, you can see this video here: kzfaq.info/get/bejne/qrplntKZ2d6YeH0.html. Hope it helps!
@tatywork9126
@tatywork9126 10 ай бұрын
Milan is a great compromise, its italy but its not in the same time. Like for me personally, Portugal is not working.
@carolinavarela1572
@carolinavarela1572 10 ай бұрын
Why?
@joaoportugal8618
@joaoportugal8618 10 ай бұрын
Portugal is a good country only for tourists, retired elderly and poor people from third world countries like India or Nepal who come to Portugal to work as slaves for 5 years in exchange for a passport. Not even young Portuguese (20 to 50 years old) want to stay in Portugal. Each country has a different soul, some countries are only good for investing, others for a 2 week vacation, others are good for finding a wife/husband, (...) but you need to go and live in these places. **There is a bonus if you obtain Portuguese citizenship. You can obtain Brazilian citizenship after living 1 year in Brazil and Spanish citizenship after living 2 years in Spain. Good luck.
@tatywork9126
@tatywork9126 10 ай бұрын
@@joaoportugal8618 interesting, i didnt k now about brazil!
@joaoportugal8618
@joaoportugal8618 10 ай бұрын
@@tatywork9126 Yes, it´s 1 year for the Brazilian Citizenship if you are Portuguese. For other nationalities i think it´s 10 years. After you get the Brazilian Citizenship you can travel and live in all the countries of the Mercosul only with your Brazilian citizen card. You don´t need the passport. Good Luck.
@certaintngs2000
@certaintngs2000 10 ай бұрын
Istanbul Turkey, spans the Bosphorus Strait which means it is in both Europe and Asia! A slight error????
@miguelbarradas9858
@miguelbarradas9858 10 ай бұрын
Portugal 🇵🇹 is the place 👏👏👏👍👍👍
@kindeveryone
@kindeveryone 10 ай бұрын
Over crowed 😂
@kwokleongawyong2895
@kwokleongawyong2895 10 ай бұрын
Whoa ,a low benchmark, to begin with KL.
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