To me one of the best place is Addis Ababa, Ethiopa. We bought 5 brand new apartments $70,000 each. We are renting each one of them at $1200 a month. In nearly 7 years we are expecting the apartments to go at $115000/each. There is nothing like mama Africa at this time.
@my0.02cents
4 жыл бұрын
@@Re3iRtH in 2070 the population of osaka will be falling substantially. Their economy is dead. Ethiopia is one of the fastest growing economies in the world. Young population. Also cparing japan and ethiopiq is totally irrational. Osaka is more comprable to any city in Europe.
@luisfontiveros7775
4 жыл бұрын
@@Re3iRtH in Venezuela one can get apartments for 20k, but the political situation does not apply to me
@spenndoolie
4 жыл бұрын
Shithole
@albo8800
4 жыл бұрын
I read some comments about Africa here , which are racist and pure ignorance. For those who think that Africa is not a good place for real estate market you should do your homework. I am pretty sure that a lot of you have never travelled there or even outside the usa or their cities where they live. Please don’t base your investment decision on information provide by media. I am from Africa but I live in USA (I own properties in USA and in Canada). My dad in my home country owns apartments building and rent them out. Comparing real estate market in Africa (Ethiopia, Cameroon...etc) cash on cash return is way better in many African Countries than in USA/Canada. it will take many years for houses/apartments complex in North America to grow in equity. Ignorance is a disease.
@spenndoolie
4 жыл бұрын
Al Bo enjoy your aids dividends
@videoafter10ksubs
3 жыл бұрын
I have a video request: How to find a good property manager in foreign countries. What to look for, how much is it, can you negotiate etc.
@nomadcapitalist
3 жыл бұрын
Thanks for your idea.
@craigs1710
3 жыл бұрын
I second this suggestion. Thanks for the vids.
@Rosefitness38
2 жыл бұрын
What i love with your videos is the spirit of freedom.That s more than financial, that s also philosophical too...
@leopoldbourne8444
3 жыл бұрын
25 March 2021: The economy in Thailand is depressed, partly because there are no tourists. In the towns and cities that have been popular with expats and tourists you can buy a good condo for 60% to 70% (or even less!) of what you needed to pay 2 years ago. Tourism and expatriation may never go back completely to what it has been, but you cannot fail to make a good capital gain if you buy now. However, forget about a good rental return for the next 2-3 years at least. On the other hand, maintenance outgoings are typically very low. So buy and hold is quite feasible, and when international travel restarts you could just live in the place part of the year until the time is right to sell.
@Ogre2011
3 жыл бұрын
Where to find these 60% reduced properties online?
@haveaniceday7950
2 жыл бұрын
Are these discounts still on? Do you have a link?
@quebono100
4 жыл бұрын
Best Quote from Andrew: They selling you a woman at the window ... but if you moving in and there is no woman at the window
@naveenkangokar8239
3 жыл бұрын
exactly ,, made me laugh for a few minutes, and he says it very seriously
@venusreena2532
3 жыл бұрын
@@naveenkangokar8239 .. well ide be serious too if i didn't get the promised furnishings
@asmach7792
3 жыл бұрын
haha I was looking for this comment !!
@kararmay3813
4 жыл бұрын
You move in and there is no women in the window 😂
@voice.of.reason
3 жыл бұрын
But the Georgian Lari has collapsed 10.3% against the US$ in 2020. Inflation is running higher. That's not good for your real estate investments
@mohy7790
4 жыл бұрын
Andrew: where is the woman? Property developer:
@tommyh2884
4 жыл бұрын
That Donald Trump impression was GREAT!!!!
@scottcoleman5088
3 жыл бұрын
Yes I know he's a friend of mine believe me
@russianguy1341
3 жыл бұрын
@@scottcoleman5088 - Me too.
@seanwieland9763
4 жыл бұрын
The woman in the window: “Sell the sizzle not the steak.”
@practicallandlording2787
4 жыл бұрын
If the locals can't afford it, It is poison stay away. Local tenants set the proper price. Expats are too lean a customer base.
@NickDemski
4 жыл бұрын
I always give you a like when you nail the Trump impression 🤣
@AussieMoneyMan
4 жыл бұрын
Always gives me a laugh
@msnpassjan2004
4 жыл бұрын
Thanks for the heads up. I was thinking about going with this guy for years until I saw that.
@NickDemski
4 жыл бұрын
@@msnpassjan2004 what do you mean? I'm confused
@msnpassjan2004
4 жыл бұрын
@@NickDemski Just my experience, I avoid financial advisers who make any mention of politics, even if I agree with them.... saying thanks because I did not catch the reference.
@NickDemski
4 жыл бұрын
@@msnpassjan2004 you didn't catch the reference because he didn't mention politics tho...he just makes a funny Trump impression when he humble brags
@abdullahhakan1
4 жыл бұрын
Then as foreigner property investors, Izmir, Mersin, Tekirdag cities are suitable to build your brand new skyscraper office buildings. Sakarya Karasu and Kocaali are best places nearby seaside to build office buildings glimmering.
@jamesbarr2357
4 жыл бұрын
I agree with your comment on Portugal. Prices bear no relation to typical salaries.
@eliseumds
4 жыл бұрын
A sudden huge spike in tourism and Chinese/Brazilian investors buying up, together with immigration incentives for high-income people. It'll be a tough ride for the Portuguese. www.statista.com/statistics/413252/number-of-arrivals-spent-in-short-stay-accommodation-in-portugal/
@globohobo
3 жыл бұрын
Portugal is an amazing place but yes, too expensive for everyday people there, so not a good investment, many properties sit unsold for years. It is only a lifestyle choice in my opinion
@AmusementForce
4 жыл бұрын
Can you buy apartments in Tibilsi that are newer than 50 years old?
@nomadcapitalist
4 жыл бұрын
Yes.
@AmusementForce
4 жыл бұрын
copy
@dexterlove5420
3 жыл бұрын
I can't thank you enough for all these information
@nomadcapitalist
3 жыл бұрын
My pleasure!
@dlukton
4 жыл бұрын
Turkey is quite intriguing. Over time, the economy will recover; the currency will rise... and in the meantime, one can obtain (via investment) a citizenship from a "real country". Still, if I were actually going to invest in property there, I'd want a competent (and honest) property management company to manage it.
@AussieMoneyMan
4 жыл бұрын
Very valuable video here Andrew.
@ericeverson5956
2 жыл бұрын
Love the "Throwback" Good stuff.
@manuelr1405
3 жыл бұрын
This is so true especially if you have some familiarity in the area. I bought mine in Asia 20 yrs. ago now i won't be able to afford it.
@msnpassjan2004
4 жыл бұрын
10:15 Never occurred to me that negative birth rates would suppress real estate values. But I guess property in the U.S. is always in demand and I guess 2nd / 3rd world country real estate demand can be influenced by birth rates.
@msnpassjan2004
4 жыл бұрын
@@Re3iRtH Thanks, that is an awesome tip. Do you rent them out?
@msnpassjan2004
4 жыл бұрын
@@Re3iRtH That is awesome !
@AmatriceBand
4 жыл бұрын
I have to disagree with your view on Turkey for various reasons. But I do agree with the other two.
@billfournier439
3 жыл бұрын
Agree with you on that.
@antonclark3420
2 жыл бұрын
Surprised you didn’t mention Bulgaria.
@ggko784
3 жыл бұрын
Hows the situation in tbilisi now ?? With the lockdowns and no tourism flying in.. is it still a place to invest 2021 ?
@AnEvilSnowman
4 жыл бұрын
What about Rwanda? For the very long term play on the emergence in Africa and the movement towards India accelerating?
@shotelco
4 жыл бұрын
Sometimes I think I'm the only NC viewer that has invested in African property. Andrew has put out a video about why he doesn't bother investing in Africa, so this isn't the best source for the question you have. Moreover, there is a growing global asset bubble, which people should seriously consider when risking capital in any real estate market. As they say: Past Performance Is Not Indicative Of Future Results
@AnEvilSnowman
4 жыл бұрын
@@shotelco a global asset bubble is even better for Africa as it is so detached from the rest of the world economy it is more responsive to fundamental performance and can help with diversification. I am not saying its a good idea but is interesting to discuss.
@shotelco
4 жыл бұрын
@@AnEvilSnowman As you know the Continent is vast...really big. 54 Countries split by the Sahara in varied geopolitical regions. Many Countries may be semi-detached from the "Western world" economy, but I can't identify any that wouldn't be affected by a global economic meltdown. Nonetheless, investment revolves around ones individual goals and strategies. I wouldn't recommend Sub Saharan RE investment to the person that's looking for passive, absentee ownership (except in some areas of South Africa). However, if one doesn't mind spending some time in the region, the "long term play" (10 years +) probably presents far less risk and far greater rewards than what's been presented here. With respect to your original comment: Rwanda markets itself like a Boss. It is following the Singaporean playbook to a T. Rwanda has about $2B USD / year injected from foreign capital sources for business and infrastructure ventures. Kigali has higher rental yields than any other key cities in the residential and retail sector in Sub-Saharan Africa. And higher yields than the places mentioned in the above video presentation (but higher entry cost), and I would consider this area (the entire East African Community - I especially like Tanzania and the DRC) to have less risk. If you haven't already, you may want to look at Andrews video on Africa and my summary in the comments: kzitem.info/news/bejne/pYBty46ecmeoeaA&
@gerrih3483
4 жыл бұрын
@@shotelco I wouldn't touch South Africa, country is doomed from yesterday. Rwanda is literally the last hope for the continent...
@jeffb.140
3 жыл бұрын
@@shotelco Thanks for your input! I visited Rwanda last year and am also rather bullish and am looking for investments there in the future! South Africa in my opinion is caught in a long term downward spiral ..
@j_yh
4 жыл бұрын
Dude, good impression. 😂
@brandonbrewer3543
3 жыл бұрын
Turkey, Belarus, The Republic of Georgia, and Albania in my opinion.
@sm3675
2 жыл бұрын
What city in Albania would you recommend? I'm interested in Albania.
Did you upgrade your camera? It looks really good!
@chiefenumclaw7960
4 жыл бұрын
I think Cambodia might see an uptick as Thailand - & to a lesser extent the Philippines - markets continue to mature.
@sflxn
4 жыл бұрын
So what happens when the next global recession comes? While no one can predict when it'll happen, it seems to me there is a chance for these markets to go lower. If the USA goes down, so will the rest of the world, esp emerging countries.
@jakeparish7480
4 жыл бұрын
Just wait a month
@Sateay
4 жыл бұрын
Can you talk about Hard Money Lenders or other financiers to finance real estate deals overseas?
@StonedAlone
3 жыл бұрын
yes great question
@tanerbayramli3323
3 жыл бұрын
There is no women at the window. Dang that advertisement. Lol 😂
@732daven
3 жыл бұрын
isn't Istanbul almost at the junction of two techtonic plates? what if your apartment is badly damaged after the "big one" which every seismologist forsees in the near future?
@wetot2
3 жыл бұрын
I think Antalya or Bodrum is better than Istanbul...
@bernadettesandoval3990
Жыл бұрын
Wow this comment....
@user-ed3hc2vh2l
2 жыл бұрын
Similar area in Kyiv would cost you 2500-3000 USD per sq.m.
@jillybe1873
2 жыл бұрын
This aged badly
@relaxfun4447
3 жыл бұрын
how about buying in the Philippines? what is the tax rate in the Philippines? Is it good to have an internet based business there?
@rodrigovera7904
4 жыл бұрын
Keep up with the great work! Congrats!
@nomadcapitalist
4 жыл бұрын
Thank's Rodrigo!😊
@evelynbarry5046
3 жыл бұрын
"... and you move in and... there's no woman in the window.. " very disappointing 😂
@bobbytecer7888
4 жыл бұрын
Very surprised you did not have Armenia in the mix.. care to elaborate?
@amir5593
4 жыл бұрын
Great info about market prices and real estate opportunities.Thanks Andrew.
@ikageo5588
4 жыл бұрын
thanks for great advices, is there a possibility to put me in touch with one of your favorite real estate agent in Tbilisi? thank you
@carloslaend1635
4 жыл бұрын
You have to go through them and pay. That is the whole point of these videos.
@koacanne-perez799
4 жыл бұрын
Great video, I can't wait to work with you and your team
@nomadcapitalist
4 жыл бұрын
Looking forward to it, Amore.
@TeacherNiaTeacherNia
3 жыл бұрын
per meter? per square meter? per frontage meter?
@brentnevius2849
3 жыл бұрын
There's no woman at the window! HAHAHA!
@Sateay
4 жыл бұрын
Is it a good idea to take only $10K USD to Mexico or Panama to start a real estate business? I will take my car as well!
@jakeparish7480
4 жыл бұрын
Hi Andrew, what would be the best way to go about buying real estate internationally?
@rosesmith7338
2 жыл бұрын
What companies would you recommend for Argentina property?
@justingreen8006
3 жыл бұрын
8:25 Just purchased my beautiful condo ....WTF!?? Where's the woman in the window? The ad showed her included!
@jillybe1873
2 жыл бұрын
I always ask for the woman when I test drive a car. I don't know why it annoys them.
@andrewalmada
4 жыл бұрын
I think investing anywhere in Cambodia is currently one of the best options you mentioned personally, I would just be afraid of the risk of the government or the king will take my properties/possessions away. Knowing how anti-immigration East Asian countries are specially if you don’t look Asian. I know Cambodia has a citizenship by donation. I would be more comfortable having citizenship there before thinking of obtaining any property there.
@doodlemecrzy8075
3 жыл бұрын
If you have no solid connections , I would advise against this. In Phnom Penh is a property bubble preying on foreigners, in the rural areas Cambodian farmland is bought in bulk by Chinese & Vietnamese, even mineral resources those mining rights are sold to foreign corporations for 50yrs. The "boom" is transient & artificial. After a few decades , Cambodia will likely end up an empty shell. Unless you think you are skillful enough to ride the tiger.
@margyiphillips4931
4 жыл бұрын
The Trump impression😀😀😀😀
@johnvdk
4 жыл бұрын
Just asking because it is not clear for me. 1000 USD per meter or square meter?
@killowatraibikio2855
4 жыл бұрын
Square meter
@johnvdk
4 жыл бұрын
@@killowatraibikio2855 I thought so too. Thanks for the info!
@wudupfammm8555
4 жыл бұрын
@@johnvdk 1sqm = 10.8sqft
@joshtisdale6201
4 жыл бұрын
I'm wondering what to
@RJ-su9us
4 жыл бұрын
Not happy to see Serbia on the list
@soloveich
4 жыл бұрын
Thoughts on Tijuana with it's ever going merging with San Diego?
@RachelAMullins
4 жыл бұрын
There is nothing wrong with a clevagey evening gown!
@50pence59
3 жыл бұрын
MGTOW! 🙄
@thevictoriaabia
3 жыл бұрын
Does Georgia allow dual citizenship?
@GleeSmee
4 жыл бұрын
Oh, come on. Who doesn't like a cleavagey evening gown?
@zackeryzackery9381
4 жыл бұрын
I think you mean square metre
@abdulkarim5164
3 жыл бұрын
i am intrested in buying in istanbul how you can help me ?
@nomadcapitalist
3 жыл бұрын
Please email help@nomadcapitalist.com for assistance.
@PlayMyMusicPlaylist
4 жыл бұрын
Let it crash, u will get it better deal
@johnnymontgomery3113
3 жыл бұрын
How much is 1,000 a meter converted to sqft. I tried to google it I don’t know if he’s sayer per square meter or what I’m confused
@Anonymous-dh2lt
3 жыл бұрын
1000 per sq meter is 93 per sq foot.
@nolanhitchens
4 жыл бұрын
When you get a bit older, you'll possibly lose interest in apartments in busy city centers. At some stage you'd like a larger house, with a nice garden etc. Not something I've frequently seen on this channel unfortunately.
When you invest you don’t think about living in your homes you think about what’s good for business, whether that is a large appartement a studio or a villa
@tibivaslo
4 жыл бұрын
I'm by no means an authority on this, however, coming from a former communist country (Romania), I'll NEVER buy property in a country adjacent to communist superpowers like Russia or China. So on this list, only Istanbul, Turkey makes the cut. Good info though!
@tibivaslo
4 жыл бұрын
@@lifebyyou4479 I've left RO 7 years ago because it is a post-communist shithole with no hope for a positive future.
@jondeanpt
4 жыл бұрын
Any advice on Georgia ski resort property
@uo9990
3 жыл бұрын
Right now in gudairi Khasbegi due to tourist attractions and without knowing a local person that can be trusted, it's difficult cause it's under development 😉
@uo9990
3 жыл бұрын
I'm doing business in Georgia🇬🇪 and I'm telling you, social connections with locals, and gaining their trust will give you what you want without being scammed, the language barrier and the sociocultural of that country is closer to my standards. As a foreigner get prepared man. 😉
@seoul2k11
3 жыл бұрын
Are you buying 2d properties only, or are you also thinking about three dimensional?
@carolinematta5764
4 жыл бұрын
Istanbul is a definite option but internationally Turkey may face problems so I’m not so sure on the stability issue. Any ideas on Morocco? Would love to know your views.
@naillijseer
3 жыл бұрын
Agadir. Massive US and other investment. Prices depressed because of covid. Be careful of scammers. A notaire will be needed and it's the French system.
@jillybe1873
2 жыл бұрын
Yes Morocco. On the up. French system for property purchase. You need connection s and a good notaire recommended by the Embassy. There are many very serious scams and a foreigner can't buy land just house in cities.
@matthewwolf3531
3 жыл бұрын
....did you just say "village chief".. shark tank.. im out!
@yanzou5230
4 жыл бұрын
Hi Nomads Capitalist , I have a question can someone create a bank account overseas while absent like do it online if so which countries allow it?, and can young person of 18 years be allowed to bank overseas?
@NickDemski
4 жыл бұрын
He has other videos that answer this question
@yanzou5230
4 жыл бұрын
The Single Dad Nomad for real?
@NickDemski
4 жыл бұрын
@@yanzou5230 yes he's discussed offshore banking a lot
@yanzou5230
4 жыл бұрын
The Single Dad Nomad yes what about doing it online and if there is age limit
@NickDemski
4 жыл бұрын
@@yanzou5230 there is a search function on youtube
@t.thomas6967
4 жыл бұрын
What about Bulgaria ?
@bebop54
4 жыл бұрын
Bulgaria is booming ...hotspot & making it easy for biznesses to come in ..a whole different ballgame from 10 years ago & you are still within europe .......
@chuaskh
4 жыл бұрын
Are u based in KL??
@investglobal0707
3 жыл бұрын
ukraine and moldova a lot cheaper than istanbul and tbilisi
@moritzretter3976
4 жыл бұрын
im in tbilisi right now I don't really like the vibe here everyone is grumpy
@juliatravelme
4 жыл бұрын
Well he really didn't tell you about Tbilisi as a paradise city. Pros: real estate, low tax
@hanoitripper1809
4 жыл бұрын
What is the nightlife like
@moritzretter3976
4 жыл бұрын
@@Captain_Tiger yes I agree with that. Things are cheap Im not saying its a bad investment. But I wouldnt like to stay here, it seems all kindof conservative and backwards. Opening a bank account works for sure, that's a good advice. But I don't know... living here seems so so. I was also not a big fan of Kuala Lumpur. Food there is great but Dating in Malaysia was super dead, muslim country... I'm curious about cambodia, I love thai culture so hopefully that's a bit similar.
@hamishfullerton7309
4 жыл бұрын
No it's not, my friend lives there married to Georgian, they are very hospitpal and welcoming, any one going to wine dinner knows this avoid the local white wine😂🍷, but helps to have a known local contact.
@jillybe1873
2 жыл бұрын
BTW great if you're a Muslim. We're all partying behind closed doors. Be more friendly.
@davidklefeker5010
3 жыл бұрын
Prices have dumped in Turkey since this video.
@sm3675
2 жыл бұрын
They've dropped drastically rn.
@jillybe1873
2 жыл бұрын
My time approaches lol
@sfbluestar
4 жыл бұрын
You just need to hire the woman when you move in. So with that perspective added, what are the top 3 markets to buy in?
@ajinkyashinde5494
3 жыл бұрын
Hello I am from India I want invest in other country at price at 4000€ can you please find me a nice place at this price I am just 23 years old
@kennethbarr6842
3 жыл бұрын
HI Do you invest in Bulgera?
@elynchfitnut
4 жыл бұрын
Class Trump impression
@LotanLevant
3 жыл бұрын
Okay, that was funny
@wildcsgotactics
4 жыл бұрын
Implying that Portugal's real estate prices went up because of their citizenship program sounds kinda wrong.
@NehalMehtanm
4 жыл бұрын
Land near international airport in my city in India is under $500 per sq mtr, Worth investing??
@nomadcapitalist
4 жыл бұрын
Land and completed properties are very different.
@investglobal0707
3 жыл бұрын
Which city in India?
@wisikahn
4 жыл бұрын
1000/meter? pass
@mango4ttwo635
4 жыл бұрын
Tbilisi at 7% yield is not that great. Better most of Europe, but it ain't saying much. Only good if you speculate that rents will rise fast
@HJ-jy7fw
3 жыл бұрын
Will Russia invade, again?
@jillybe1873
2 жыл бұрын
Yes
@Junkmailcrusades
Жыл бұрын
grow a beard bro
@iliaskaranikos4371
4 жыл бұрын
Islanbul is not Europe.
@voice.of.reason
3 жыл бұрын
They seem to think so, since they want to join the EU
@jillybe1873
2 жыл бұрын
Oh god, are you a sorry product of the US education system? Grab your phone and try Google maps. It's not hard.
@moderate3
4 жыл бұрын
invest in russia , great economy ,same president for another 30 years
@laura53ize
3 жыл бұрын
arnold bart I’m going to support my nephew to study and live in Russia .
@jillybe1873
2 жыл бұрын
This aged badly
@synergy2222
3 жыл бұрын
A Trumpism! Lmao
@divineintervention6122
4 жыл бұрын
You hyped up how you liked these "three" places but then you proceeded to crap all over the prospect of purchasing property in Phnom Penh. You offered nothing good or concrete about it. After listening to you I'd never invest in Phnom Penh....unless I just had money to throw away. I'd rather take my chances in North Korea. Seems like you just wanna come on here and brag about what a shrewd real estate mogul you are. But then you wanna play Monday morning quarterback and tell everybody it's too late for this place or that place. I'd probably have just as good of a chance at being successful in real estate if I visited Miss Cleo as I would listening to you.
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