What do you think about these places? Where would you invest your money? Comment below and tell us your suggestions. Also, if you enjoyed this video, give it a thumbs up and click on the subscribe button.
@amandapeper5815
5 жыл бұрын
What country you can buy the land, and build what you want without ask autorisation ?
@antoombom9584
5 жыл бұрын
Amanda Peper why? You wanna build a nuclear rocketstation or something😂
@abuccarelli
5 жыл бұрын
Cambodia definitely
@sabotagebeats8014
5 жыл бұрын
@@antoombom9584 maybe ...
@mdalirazahaider1490
5 жыл бұрын
Nomad Capitalist Being an indian, can i invest in buying a property in kazakhstan
@Andrzej451
5 жыл бұрын
I'm from a post-Soviet country - Ukraine, and I think the biggest consideration for all post-Soviet countries are property rights. We have a consistent history from the 1917 revolution of violating these rights. My 2 time grand father had a field and it was taken by Bolsheviks at 1917-1922 years. My grandfather had a bank account at Soviet bank, he had 10,000 dollars (in rubles, but in those time 1 ruble = 1$). It was a cosmic amount of money by their standards, and all of those were taken by government. My mom had a deposit and when there was its end date, government made a law to forcibly prolong it. I personally hear a lot of cases when judges, lawyers, police officers by abusing their power have being taken property from people, especially real estate in nice places. The good solid fundament of wealth are property rights, and you won't have any here.
@Mik-rs3xv
5 жыл бұрын
I would never take any risk to invest in real estate around Russia, No rights and I might lose everything to any oligarchs
@kraluxGmail
5 жыл бұрын
Then you should really love cryptocurrencies like Bitcoin Cash BCH since you own it regardless of property rights as long as you have the private key
@Andrzej451
5 жыл бұрын
@@kraluxGmail I really don't. I think about currency as projection of state power. If there is no state, there is no power, nobody will protect your investments. For example, the USA successfully protected their investments in Latin America, Hawaii, etc.
@cramsa
5 жыл бұрын
Anton Myshenin Without a strong history of property rights, you’re just a tenant of said property, and it’s the government thugs with guns who are the real holders... May be that’s why it’s so cheap in some countries, because no one wants to invest in that part of the world given the track record.
@happybird9280
5 жыл бұрын
Anton Myshenin I absolutely agree, same happened to my family and many others.....People are so naïve thinking that investing in property is a smart choice, you can lose everything before you know....And you can’t do a thing to get it all back!
@glenwoodfin
5 жыл бұрын
Brilliant concept. Only invest where private property rights & a fair legal system is on the rise.
@PheneticsCo
4 жыл бұрын
Ok
@gerrih3483
4 жыл бұрын
OK, so South Africa is out!
@immaculatesquid
3 жыл бұрын
@@keepcreationprocess They're not gonna take your land or tax it, or if you settle for the idea that they're gonna tax it, it won't be a lot.
@X180SE
5 жыл бұрын
Far more important criteria than price are 1) title laws 2) the court system 3) adherence to the rule of law 4) squatters rights. In the US we take title for granted due to strong property rights & a well established system showing a continuous chain of title all the way back to the crowns of Europe.
@asterisk911
5 жыл бұрын
Of course if you put ALL those criteria into it, then it's probably not going to be "frontier" and will be more expensive.
@dankschang
5 жыл бұрын
I doubt it will in Europe, but asean rather. Malaysia, Thailand, Vietnam and Indonesia. Even Philippines. All this 5 asean nation is progressing within their inter trade and support global export.
@dionnemathew430
5 жыл бұрын
? A well established system that for over 10 year broken the title laws (as well as many msny other laws) while they made billions on off trusting homeowners. However, great point in terms of buyer beware. Good to know the laws of the land and how well they are adhere to them.
@danthadon87
5 жыл бұрын
X180SE All great points! My grandfather had thousands of hectares of productive farmland and city real estate stolen by the government in Peru during an extremely controversial agrarian reform in the 70’s instructed by a socialist, militant president, it ended up obliterating the economy which resulted in a massive exodus. Also for the city real estate we were left with which was roughly 10 multi family apartment buildings most of the residents were squatters who knew their rights so my fam had to sell the buildings for far less than market price due to these unfair squatter’s rights. Also corruption is king in Peru and is a part of the culture, which makes it hard to do business because integrity is so low. It’s been shown in research that the most successful economies are those with the highest integrity and most trustworthy, invest in those developing nations with that single indicator and you should be good IMO
@hernandayolearyallda
4 жыл бұрын
Lol, open a history book, USA routinely disregarded property rights of its ethnic minority groups (land theft of blacks, red and browns), and with comrad Sanders and AOC marching in don't be surprised when USA becomes USSA.
@ekaterinaivleva8336
5 жыл бұрын
Mostly true, but I've got a painful experience in Ukraine. War can always ruin your plans, no matter what. Here is what happened. I bought a small bungalow apartment in the city center of Kharkiv (second largest city, ex-capital from the USSR era). 30kUSD for 45 square meters in 2014, right before the war started. Today it costs only 25kUSD at most and it turned out that renting it out efficiently is almost impossible without staying physically in the country or having relatives / friends there. Whenever you leave the country and don't control the apartment - tenants stop paying. You can't get the debt back because courts don't work. Also, there are no real estate agencies who can manage the rent for you (they mostly only facilitate real estate purchases). Ah, and the best part is that you cannot receive ANY money from strangers on your bank account in the country as a foreigner. So you are only left with western union type of transfers. To summarize, at least be sure to check these nuances before purchasing property overseas.
@rubensnogueira3199
5 жыл бұрын
Thanks for your comment, it's very important. I overheard something about legal issues with Ukranian real estate, so now it's much more clear to us.
@abayomibanjoko3128
4 жыл бұрын
Thank you for the information
@chasingsunsets87
4 жыл бұрын
I am aware more poland is more stable and they are letting ukrainians in that are fleeing that chaos. However, I still have not figured out polans real estate and imagine is similar. even my own mother betrayed me and their is no honest discussion. She tricked me into signing off power of attornery to sell the property I inherited from my father. Thing is we have family there but guess....I am the American...whatever that means. Either way they feel entitled to pull the victim card. I would of like to have kept that property but there is also the problem of squaters.
@johnniegrossmann4454
4 жыл бұрын
Thanks for valuable info.
@thelady8402
4 жыл бұрын
@@chasingsunsets87 sorry that happen to you
@patrickmoulton2073
4 жыл бұрын
I am a U.S. citizen and have invested in property in Bali. It wold have been very difficult to do without spending considerable amount of time on the ground there. The growth and appreciation there is remarkable and its a great second home to have to visit when not using it as vacation income property.
@kheck100
3 жыл бұрын
I bought my land 15 years a go in Cambodia $13 per square meter. Now it is $600 per square meter. Great investment for me. I spend around $50,000 now it is more than 2 million. So happy I invested there.
@leomaida3012
5 жыл бұрын
Colombia, Bogota, in the business sector you can find less than 2 thousand usd m2. but outside that sector there are incredible opportunities with very high valuation. I live in this country since 2015 and I see the potential of Colombia. Forget Pablo Escobar, that happened 40 years ago.
@nomadcapitalist
5 жыл бұрын
Leonardo Maidana Bogota is a good place, too 🇨🇴
@PauloGaetathe_original
5 жыл бұрын
The man is unforgettable!
@leomaida3012
5 жыл бұрын
@@nomadcapitalist I live in Bogota since 2015. It is a great city to invest, the real estate market is constantly growing in value and projects and will continue to grow as the city has shortage of land to build. Now I'm in Cartagena, another point of interest.
@leomaida3012
5 жыл бұрын
@@PauloGaetathe_original I know, haha. I mean that there is still the prejudice of drugs in Colombia. I am Argentine and it is safer to live here than in Buenos Aires.
@baliyogatravelretreats
5 жыл бұрын
@@leomaida3012 Estamos en camino a Colombia! :)
@rustomk1122
5 жыл бұрын
This is a good video but the main concern I have as an investor is security, even more than affordability or the benefit of call option on appreciating assets. There are two main concerns the way I see them (am currently in Canada). 1. If you buy property abroad you need a country where you can enter and exit without a visa and one that is very stable and unlikely to change. If you can't access your property easily, the purpose of purchasing abroad is defeated. 2. The government must also be willing to enforce your ownership rights against thieves, robbers, squatters etc who want to capture your property. In places such as USA, UK & Canada there is relatively strong enforceability of property rights that does not exist in most parts of the world, for an absentee owner / landlord. And since inevitably one will want to rent their property out rather than just let it lie vacant, earning nothing, it's also important to buy where Landlords have some meaningful eviction rights. I would like to see a video that identifies countries with better security features rather than the cheapest price :-)
@nomadcapitalist
5 жыл бұрын
I've only had problems with tenants and crime while investing in one country: the United States.
@nickmobile9055
5 жыл бұрын
A new opportunity in a popular tourist destination is Athens Greece. Recently I sold my property a small apartment for less that 400 euro per meter. Under the construction cost. Yes I sold it very very cheap but this the price that I found someone to buy it after a lot of months of search. I believe the real estate market will recover soon.
@onetwothree4148
3 жыл бұрын
The Greeks still haven't learned any lessons. I would avoid any place where Marxism is that popular.
@maryannwaters339
3 жыл бұрын
@@onetwothree4148 Very true!
@ivanoov3285
3 жыл бұрын
@@onetwothree4148 why do you avoid a place with marxism so popular ? and how do you know it ?
@gregoryl.levitre9759
3 жыл бұрын
@@ivanoov3285 look at which countries are going along with the Agenda 2030 plan and you'll know they're controlled by Communist terrorists.
@Johndoe10007
5 жыл бұрын
The price per square foot of the property from an investment perspective is not relevant , what’s relevant is its yield, the amount of rent you get back per sq foot and how sustainable is this rent and what’s happening in the local economy to show signs of rent and real estate values growth. Cheap property per sqft is relevant only for entry level amounts for a person who has a limited amount to invest but it’s not tied to an actual return on investment........ when I got started in real estate I had no choice but to buy cheap property and I grew it from there ....... I bought my first property in Budapest in 2001 , what an amazing city. What an adventure I had owning real estate there ... it’s a fun place
@rickmccann4016
4 жыл бұрын
but he was called a ghew in Hungary!
@Undisclosed86467
4 жыл бұрын
@@rickmccann4016 Global Health Equity Watch?
@bobsaget8123
4 жыл бұрын
@@Undisclosed86467 Not really that complicated, Valerie.
@rickmccann4016
4 жыл бұрын
@@Undisclosed86467 Not sure what you mean hot stuff!
@dlukton
5 жыл бұрын
This is all well and good for someone who's willing and able to do a lot of traveling. But... not so good for those who aren't. Problems inevitably arise in managing real estate.... repairs are needed, tenants refuse to pay rent, etc. Of course, one can hire a property manager. But then one has to "manage the manager"; otherwise there's the risk that the property manager will try to "overstate" the expenses. For those who don't want to have to spend much time in the country subsequent to the real estate purchase, there might be merit to the idea of purchasing farmland (for lease), or just raw land.
@BrennosNetwork
3 жыл бұрын
That’s why it’s called nomad capitalist...
@BlinkingAce
5 жыл бұрын
I'm from Kazakhstan but I live in Dubai, and Im a property consultant here too. I think investing in all those central Asian countries is risk especially in Bishkek. There is no jobs there. If Astana still have potential, Almaty is always busy and people migrate into the city all the time, with Bishkek I have no hope. Thinking of investments in Kirguistán I would only look at resorts as this where the demand will might grow, as well as in resorts around Almaty. Almaty one of the rare places in the world where from downtown to the ski area is only like 20-30 mins. But if gov won't do anything with the air pollution in Almaty there might be no tourism future too (but still local demand will be there regardless)
@empireglobaldevelopers3225
5 жыл бұрын
You forgot Nairobi Kenya its one of the most developed country in Africa, especially if you buy rental apartments very good returns and very low tax
@rajagaaliche9900
5 жыл бұрын
Investing is easy, but taking out your money out from some of these countries is impossible! So whatever yield you will make, you may end up with paper (local currency).... I believe this is a critical point to check before investing abroad. Great video!
@saosaqii5807
5 жыл бұрын
Raja gaaliche this is where bitcoin and crypto comes in. Convert it into those and you can get your money back
@MegaNordkapp
5 жыл бұрын
Absolutely not true.
@moshpittt8974
4 жыл бұрын
Bitcoin
@proberaum7015
4 жыл бұрын
Gold!
@billytheweasel
4 жыл бұрын
@@saosaqii5807 This is the only benefit of that unicorn cash I can determine with certainty over the long run.
@thethomaschronicals2024
5 жыл бұрын
I’m a nomad in Russia now. I’ve noticed that capital cities are always good but the 2nd and 3rd largest cities have a lot of the amenities without the capital prices. What do you think?
@thekingofthisworld2154
4 жыл бұрын
I would only suggest that you buy a home that is already built and established. Don’t go into one of these deals where someone is trying to sell units before the building is built to raise capital for construction costs. My sister, and several friends over the years, have gone into those deals in Thailand and ended up losing a large chunk of money since they never get enough money together to put up the building.
@doyoueatrocks
4 жыл бұрын
In Tbilisi now, great city, great food, the rent and other living expenses are very reasonable, love those banks and looking to get my feet wet in Real estate here and company formation for my upcoming web store.
@kapitolinakriventsova5234
3 жыл бұрын
I' m not sure...
@gregoryl.levitre9759
3 жыл бұрын
I was sold on Tbilisi from watching Andrew's videos, but then I was disappointed to discover that you have to inject yourself with the bio weapon to enter their country. Hard pass! I'm looking for countries that don't support the NWO.
@DecebalDobrica
5 жыл бұрын
Hi Andrew, I would love to see more of these videos, I think this raises awareness for people living in big expensive cities and are great. Me personally I love your reasoning around picking the capital city, for me a better criteria are incoming/outgoing flight paths, would you do such R&D ?
@wakaflocka7462
5 жыл бұрын
More of this please! Especially interested in SEA and Balkan countries
@pprivacymatters6702
5 жыл бұрын
I can follow you on your thoughts on Cambodia (on my travel list) and Georgia (some maybe, probably more developed in certain ways and also more interesting regards offshore business and banking). An issue I’d see is who one can trust. Finding trustworthy people can take a while. Important is also the transparency of the legal system.
@slovene1987
5 жыл бұрын
Cheap real estate abroad is always intriguing and groin-grabbingly good fun.
@naren2k6
5 жыл бұрын
You can not get that in Bangkok City Center, prices are closer $6000+/Meter
@SolomFoz
5 жыл бұрын
I have a question here. How do you protect your properties around the world? I mean, against vandalising, thefts or even being taken over by people? Because In Egypt or Pakistan, for example, if you left your apartment for averaged 1 week, it will be stolen.
@amandapeper5815
5 жыл бұрын
@Dubravko Majic NO, in France, if somebody go in your house for 48 hours, you cannot take back, and police cannot take people out.
@Lostmykeys96
5 жыл бұрын
In South Africa, I buy entry level property that is in compounds with good security. This makes the investment safer and the people renting from you also have better security and because they feel safe they tend to stay longer. You have to look for these types of compounds in countries.
@khan140847
5 жыл бұрын
U buy in dha or bahria and also buy service of security guards which regularly visit ur property even every day u r safe nothing will happen to ur property no one breaks in. This is in Pakistan but only these 2 places defence housing society or bahria Lahore and Islamabad only
@britishentertainment7610
5 жыл бұрын
Same in Nigeria, if you leave for 3 months you will find new people inside
@antoombom9584
5 жыл бұрын
J Williams if you would do that in the netherlands you would get charged for breaking and entering + illegal possession of a weapon and murder
@firearm-reviews
3 жыл бұрын
I have never invested outside the US, but I love the idea. I was in Tunis doing business last March and I love the people, culture, and the city. I have friends and business partners on the ground there, and I will be looking to invest there this year!
@busyb5643
5 жыл бұрын
Ensenada Mexico right over the border from California booming and cheap my friend just bought a fourplex and a restaurant
@nomadcapitalist
5 жыл бұрын
Thanks for sharing that.
@joez3706
5 жыл бұрын
How much did they pay?
@busyb5643
5 жыл бұрын
@@joez3706 you know I never asked him directly but I remember him saying it was less than 100 k he just kept telling me there's so much more then just people going there to party he said they have wineries that look like the Napa Valley in California and some of the best food around they have cruise ships that come in weekly so he said he put his place up on Airbnb and it's booked solid
@paulargueta
5 жыл бұрын
Great information. The key is executing and taking action. Too many people watch and do little to nothing with the information.
@nomadcapitalist
5 жыл бұрын
Thanks Paul!
@X180SE
5 жыл бұрын
As has been shown in Mexico & elsewhere in Latin America, when there's a title dispute between an outsider & a local, the judge who is also a local (perhaps even a relative) can make your title rights evaporate into thin air. Your cost becomes infinity/sq. meter.
@dav1606
4 жыл бұрын
Where to buy starts from 5.20
@TimIsrRus
5 жыл бұрын
Hi Andrew, thank you for a great video, as always! What are your thoughts on investing in RE in Russia, particularly in Sochi area - the "Russian Riviera"? Although it is already hard to find properties under 1000$ for sq.m it seems that this whole region is developing non-stop since the Sochi Olympic Games.
@walter9093
3 жыл бұрын
Hi, my ex-wife married a Georgian guy and I am seriously thinking of buying property there since my children are moving there with her and my wife is Russian from Sochi-Adler at the border with Abkhazia-Georgia. I am considering either Tbilisi or Batumi because of the rental for tourists. I read your book. Good stuff
@BrettMammel
5 жыл бұрын
Love this topic! More about SEA. How about Laos?
@InvestAsian
5 жыл бұрын
Great video Andrew! It does get to a certain point where prices have few places to go except upwards. That level seems to be around $1,000 per sqm
@nomadcapitalist
5 жыл бұрын
InvestAsian Thanks 🙏
@hannek9713
3 жыл бұрын
I don''t quite understand: under $ 1000 is already cheap? You can buy my plot of 1.200 sqm with old house but nice garden at Meerbusch, one of the wealthiest places in Germany , at € 480/sqm.
@neilkasher
5 жыл бұрын
very interesting insights into ultra cheap real estate, we're investing heavily in Lisbon, expect about $2000 a square meter but the economy and culture is very western friendly. I'd like to see a greater deep dive into Tbilisi for instance, what's it like as a nomad there? A nomads guide to ... would be a great addition to your channel Andrew. If you're looking for someone to do a Nomads guide to Lisbon let me know :)
@tommyh2884
5 жыл бұрын
Good areas in Lisbon have already hit $2000 per sqm since 2016
@findlvrg8857
5 жыл бұрын
If you're investing in Lisbon, come check out Almada. It's right across the river and prices are going up fast
@albertinsinger7443
2 жыл бұрын
In Thailand it is better to buy land than anything that is constructed. In Greece you are better off buying in tourist areas like Hydra or Mykonos then in Athens. In France only Paris center is interesting . But capital gains will kill you in France. In the end it might be easier to buy a real estate stock rather than the actual real estate. A real estate stock can be sold without a problem directly. Selling property takes time and then dealing with agents, taxes ,paper work, banks can be a real head ache.
@Ggdivhjkjl
3 жыл бұрын
Over 90% of Australians live in just 6 cities - the mainland capitals. Thankfully, the events of 2020 have promoted many to start moving out.
@mayu6843
4 жыл бұрын
Bogotá in my opinion is overpriced but, there are a few gems that i´ve been following for a while, not trendie places at all but with a lot of potential and very well located. Keep in mind that the next mayor has the potential and the charisma to bring Bogotá to the next level, she is smart and with an impeccable track record of honest and quality public management (starting from the first of January 2020). Keep up the good work Nomad Capitalist.
@nomadcapitalist
4 жыл бұрын
Thanks, Mayu. We have been doing a deep dive into Bogota this year and will be talking about it more.
@ghassendaoud2267
5 жыл бұрын
Tunisia is very interesting now as it’s in a down economic cycle and prices are getting cheaper, you just need reliable, honest and knowledgeable middle mans
@walid835
4 жыл бұрын
"reliable, honest and knowledgeable middle mans" hmm... finding those in any 3rd world country is very difficult, find those in Tunisia is like a mission to Mars... hence the prices...
@advocacy6738
4 жыл бұрын
I bought an apartment with
@adinawelsh319
4 жыл бұрын
Thanks Andrew, great. Yes very interested especially Cambodia and other sea based countries. Great advice to open bank account first! David Welsh
@stuarth1996
5 жыл бұрын
Does it have to be the capital where you do such deals? In some of the larger countries, it's not only the capital that attracts many tourists. In many countries, there are some other cities besides the capital, that are real tourist magnets. Places which have historic buildings and places where growth seems inevitable.
@roballen7937
3 жыл бұрын
A couple of thoughts...First when I was a Registered Rep my wealthiest clients had all started by buying raw land. Second I have been to Thailand, Cambodia and Lao...it is called "Lao" here, NOT Laos, and currently live in Thailand. While I enjoy visiting Bangkok the capital, I doubt you will find a lot of cheap property there. Foreigners are restricted as to what we are legally allowed to buy when it comes to RE. We are NOT allowed to buy any property or land by ourselves. Schemes and scams abound in this country so beware if interested in Thailand. The capital of Lao is Ventianne and while still pretty third world I met many businesspeople expats that love it there because the Government has tried to make things like Visas and opening a business so much easier than the more tourist popular Thailand. Even Vietnam has eased Visa requirements to attract tourists and investors from the West. These innovations were just prior to this world-wide covid-19 flu issue however so many new regulations with regards to who can now enter these countries are presently in effect over here.
@MageRanger
5 жыл бұрын
Thank you Andrew. Also, what do you think of Rich Dad's message about borrowing money to buy property? Do you prefer to use money that you earn from your businesses to invest into property, or do you prefer to borrow instant money from banks and invest that?
@theandrewhenderson
5 жыл бұрын
Mage Ranger I personally don’t borrow money.
@MageRanger
5 жыл бұрын
Thank you Andrew
@GiorgioHouse
5 жыл бұрын
You cannot simplify in this way. You have to know about TAXES for example. Several contries want you to have someone with the residency that represents you to pay Real Estate Taxes. ...you also have to consider the red tape if you want to sell. In Argentina, for example...it seems easy to buy but then...it's very complicated the way you have to pay the taxes and to sell the property....so...just the price for square meter is not enough to decide if you really get a deal...plus there are several other things to consider...Market trend, Criminality, Red Tape, Taxes....etc.etc.etc....
@juansebastiansalazartovar2356
5 жыл бұрын
Seriusly look for Paraguay. Asuncion!
@jqueryrocks
5 жыл бұрын
@Brent J. Cooper So which countries did you invested in? Quite curious
@juansebastiansalazartovar2356
5 жыл бұрын
@Brent J. Cooper im not sure what youre looking for. The most beautifull girl in the world are from Colombia, Venezuela and Brasil. Paraguay its low tax place. You hould check it out
@chicomendez2671
5 жыл бұрын
Juan, vos vivís en Paraguay? Recomiendas invertir en inmuebles?
@thepilot1982
5 жыл бұрын
hi what are your thoughts on Manila? with all the mega development projects and reclaimed islands? the rental potential there is pretty good.
@FrenchSaladMac
4 жыл бұрын
@@bolivianbillionaire1349 working girls in Paraguay are cheap? Are they good?
@davidnour6963
2 жыл бұрын
Sections of Valencia, Spain are still very reasonable. This is a smaller city in a 1st-world country with a great quality of life. Particularly recommended, and still under-valued, is the beach area of Valencia, El Cabanyal.
@brianrichards7006
5 жыл бұрын
The same criteria could be said for a lot of Florida. The US is still the core economy of the world and until it gives up its position to China in 20 to 40 years, it will remain so. I've bought multifamily in N. Florida for $25 square foot, and with rehab, total out $40/sf. Another place I really like and have invested in is Puerto Rico. I have skipped San Juan to go to Ponce, which has an outstanding historic district. And, although you have to talk to people and do some on the ground searching, the deals are there, for a lot less than $1000/sq meter. Not quite as sexy as Cambodia but the locals speak English, good infrastructure, rule of law, and you can drink the water right out of the tap,.
@reggieangus5325
4 жыл бұрын
I'm too worried about Florida man. Also most cambodians speak english
@ArdaKazan
4 жыл бұрын
What do you think about Beirut, Lebanon? The currency went down like 60%
@bossdeman
4 жыл бұрын
ABSOLUTELY.
@maverickmadison7392
3 жыл бұрын
expect your property get exploded just kidding....
@stevestevens502
5 жыл бұрын
You mentioned Tbilisi Georgia what are your thoughts about Batumi Georgia...waterfront properties look promising there
@ecomarinebd
5 жыл бұрын
Dhaka, Bangladesh, still cheapest in the world standard, when you compare there are 145000 people per square kilometer, whereas in places north of Stockholm, probably 3! At Dhaka, 100 dollars per square foot is still possible, high end, with parks (yes, parks nearby).
@nomadcapitalist
5 жыл бұрын
Thanks for sharing, Sohel.
@ecomarinebd
5 жыл бұрын
@@nomadcapitalist why don't you come here? Stay at my house, as guest, eat with me and use my driver to go around. Promote Bangladesh in return!
@ajfancymf
4 жыл бұрын
Cleveland, Ohio! Represent🙏🏾
@leviasher5930
4 жыл бұрын
Nice idea 💡 but I think, very few information, Ecuador for example has more perspectives, and there is a lot of REal estate for price about 1000$ per meter
@fischer271082
5 жыл бұрын
Hey what about Brazilian real state market? No one talks about it. Would be amazing if you could give us some information about it. The 6th largest country in the world is it or not a good investment? Thank so much for quality and amazing information.
@orasounds
5 жыл бұрын
What parts of South America is best to invest? And how would I go about that??
@cajdproperties2467
5 жыл бұрын
Any thoughts about the Ukraine ? (Kiev)?
@nickob55
5 жыл бұрын
Georgia would be my choice......I invested and ended up living in Bulgaria and wish I had bought some industrial or retail property.........great place to get an EU address and citizenship
@lvngitcouture
3 жыл бұрын
How have you found Bulgaria?
@gregoryl.levitre9759
3 жыл бұрын
Except for the fact that Georgia only allows in people who got the bio weapon injection. Hard pass! NWO countries are going to suffer horribly in the near future once the NWO's Agenda 2030 fails miserably and the Survivors of their horrendous attacks begin a witch hunt of those who participated. Georgia chose their side poorly.
@onajitearubayi4922
3 жыл бұрын
Nigeria also has houses starting from less than $20k upwards to $10m +++ from the outskirts locations to the highbrow areas. All rentable and rent payment is enforced you have the right to kick your tenants out when they've over stretched the agreed or considered time lapse to pay rentals. Nomad Capitalist try broaden your horizon into the African scenery even if you don't personally like certain place's it might be a gold mine for some to make their wealth and also a chance for some too start small investing in other countries and grow from there to these levels you talk off more regularly. Great lectures by the way. Kudos
@TheThomaTube
2 жыл бұрын
Hey, would love to hear about your recommendations for South America. Also, I have a suggestion for your videos. When you talk about countries and cities. Id love to see and overlay of google earth zooming into the city. And then some stock footage of the city itself. Of course, you can hire someone to edit these onto your videos. also, if planned in advance. it cansave you time from needing to look at the camera and just read your script or cue cards. This would being you videos to whole new level!
@FreeSpeechWarrior
4 жыл бұрын
I bought your book last night, so far so good. Really enjoying the useful information.
@nomadcapitalist
4 жыл бұрын
Thanks, Brian! Enjoy the book.
@MarkoCvijic
5 жыл бұрын
On average, apartments cost €500-700 per sq m in small town of Bajina Bašta (in a Tara mountain national park, tourist area), west Serbia.
@danielblanchard1222
5 жыл бұрын
Excellent insights. I still have to grow my business and will definitely contact you to internationalise when the time is right and the cash is sitting ready to invest. Thanks for sharing, take good care.
@luisqp66
5 жыл бұрын
How you fund these deals + renovation ? Thanks
@garciatunion
5 жыл бұрын
What do you think about Davao and New Clark in Philippines?
@Pluto2063
11 ай бұрын
I live in vietnam and have bought property here but used to spend a lot of time in Tbilisi 20 years ago and love the city. Wish I had watched this video 4 years ago🙁
@tommyh2884
5 жыл бұрын
Been looking at those shophouse apartments in the heart of Phnom Penh and while the location is indeed good, I can see one day big corporations buying out these small houses to build highrise apartment complexes instead... just look at Bangkok for example. Nobody will want to live in those old renovated shophouse apartments anymore once these modern high rises start to pop up everywhere. They still exist in Thailand as well, but they're just that, the cheapest apartments one can get. Or maybe should we compare more with Ho chi minh? Over there indeed there's still many old shophouses standing and being rented out as individual apartments. Ho chi minh and Bangkok 2 totally different cities when it comes to real estate. Anyway thanks Andrew. Keep us updated.
@PauloGaetathe_original
5 жыл бұрын
Just because a building is a high rise apartment complex doesn´t mean that it´s great, there are a lot of low quality new buildings in Thailand that become derelict in a few years.
@tommyh2884
5 жыл бұрын
@@PauloGaetathe_original I know but in Asia high rises are way more desired than shophouses... Or I think maybe these shophouses with apartments in them are more an Indochina thing because I see them all over Vietnam as well... I'm just not so sure if they're going to skyrocket in Phnom Penh
@lesterjones5456
3 жыл бұрын
My dream job is to travel until I cant stand it! I talk to many of my friends who travel for a living and complain about it. I think to myself, what are you insane? I'd kill to be in your shoes! I'd love to be boots on the ground learning about emerging markets many people are not talking about and shedding light on those bubbling economies. It would be a joy to visit places misunderstood from an investment standpoint. I've always said you can't grow unless you leave your home and experience other cultures. I've been listening to your videos for a while now. They are very eye opening. I first started watching your video on ST KITTS a friend of mine shared with me. Very very interesting because I have heard of off shore accounts but they were always something about I heard in movies and on tv. But your breakdown of the places where you can have them and what they are got me thinking very differently about money. I've been reading and feeding my interest in emerging markets. I went to school for international business and marketing because I always had an interest in cultures outside the U.S. Back in the late 90s in 1997 when mainland China took over Hong Kong was my first taste of business and commerce. It was interesting to hear how the Europeans were pulling all their money out of the banks there! My rich girlfriend's dad owned one of the top accounting firms in HK. I worked there for a year at DUHN SUKESWALLA in my college years. I experienced first hand how business outside of the states and is conducted. I would love to be on the ground and see for myself what is to be gained from my travel to various destinations in markets very few people are talking about. Great video!
@ixxgxx
3 жыл бұрын
What are you doing now?
@neilokeeffe3248
3 жыл бұрын
We all take massive risks on property. When Ireland crashed with banking crisis in 08/09, the value of my apt was sliced to 40%. And its still valued at a loss. not many places to earn big unless you buy big.
@iqbalq8438
3 жыл бұрын
It is good to know about buying property in Indonasia and Malysia. But, if I have correctly understood it will be lease for fixed period?? Need some more info , in this regard, if possible
@aviationfansalbania2332
3 жыл бұрын
In albania also 600-800€ in periferie of the cities! Outside capital also 500€ m2 ! With 25k you buy a good apartment of 40-50 m2
@UKxKDH
5 жыл бұрын
Great video! Excellent recommendations. I think Turkey or Tunisia would make a good long term investment. Of course safety has been a concern in recent years, however Turkey actually experienced tourism growth this year. The British Government also deems both countries as a safe place to travel. Shame about the closure of Thomas Cook, but nevertheless is somewhere I would consider.
@nomadcapitalist
5 жыл бұрын
Thank you Kiara 😃
@thepieman4398
4 жыл бұрын
I have a perfectly comfortable centrally heated 3 bedroom detached house with mains water/sewage, half an acre and a garage in Lapland, Sweden, a first-world European Country. I paid $150 per sq m and there are plenty like it here. Seriously, just under GBP£10,000 for 89sq m. I have been offered GBP£25,000 for the place and I have only had it 6 months
@maverickmadison7392
3 жыл бұрын
do you have internet access over there? just wondering if that's in the city or remotely areas...
@jeaneloi4624
4 жыл бұрын
Latin America and many countries in Africa can make you become a millionaire in less than 5 years. Remember Africa is the continent with the most millionaires in the whole world.
@tkokflux6322
4 жыл бұрын
I just looked in Tbilisi real estate market I have some friends over there and I found out that price per square meter has risen from 1000 dollars to 2000 dollars in prime places I looked in one of the neighborhoods called Vake my friends told me that its one of the most prestigious neighborhoods in city and in some building prices are up to 3k dollars mostly in modern skyscrapers so what's your advice should I buy apartments in one of those buildings or should I buy old apartment and then renovate it ?
@ipad2clippssppss
5 жыл бұрын
Hi again Andrew. I passed last week by off-plan projects in the commercial and trendy areas of Maslak and Levent In the heart of European Istanbul, with one square meter up to almost $1,200 which is a bargain, to say the least. Projects to be handed over end of 2020.
@nomadcapitalist
5 жыл бұрын
Hey Mohamed, good to hear that. In fact, we'll have a video about Istanbul real estate very soon on our channel, so stay tuned.
@ipad2clippssppss
5 жыл бұрын
@@nomadcapitalist Brilliant, Andrew, and thanks for the input over this item - Really looking forward to watch the upcoming Istanbul video. Cheers!
@concienciaconectiva
4 жыл бұрын
How do you find information about law and rights in this countries to invest on ? Do you contact any personal adviser there ? Or do you makonf your own research?
@davidklefeker5010
3 жыл бұрын
Islamabad?!? I am all for investing in emerging markets, but there is a thin line between emerging market and no go zone......especially now with those hardliners taking over. But love the other places you recommended! 😉🤙🏼
@ixxgxx
3 жыл бұрын
especially now? Didn't the Taliban take over in 1996?
@Mik-rs3xv
4 жыл бұрын
I have a question: why Chineses buy a lot of real estate in Canada instead of Asian countries? are they supposed to be cheap, secure, with fewer taxes, etc...?? I think we should follow the money and try to understand why some areas attract investors.
@nomadcapitalist
4 жыл бұрын
Because they grew up thinking their country was a dump and aspire to the brand that is the west, no matter the cost.
@malcolmwar977
4 жыл бұрын
And many Indians, not native, also seem happy with it.
@Mik-rs3xv
4 жыл бұрын
@@nomadcapitalist What do you think about risk? Here in Canada or in the US, your property belongs to you by laws. But I'm a little concerned about countries where some governments, military or oligarchs might have the power to take your assets/businesses
@jordanwentzell5220
5 жыл бұрын
What is your opinion on oceanfront real estate?
@nomadcapitalist
5 жыл бұрын
Jordan Wentzell If you can find it cheaply, buy it. It rarely lasts.
@adib.a.d6326
5 жыл бұрын
As a foreign investor I invest only in strong economies. All the cities you present doesn't have developed rental market. Sure price matters but I looking for market that have variety of management companies.
@idstersha
5 жыл бұрын
Do you like romania?
@nomadcapitalist
5 жыл бұрын
Sure; everyone has their own needs and preferences to meet their goals. Thanks for commenting.
@adib.a.d6326
5 жыл бұрын
@@idstersha I like travel there, but will not invest there. The average income in Romania low, not many people can afford to rent good properties. And I don't want to deal with not quality tenant.
@adib.a.d6326
5 жыл бұрын
@@nomadcapitalist I love your channel
@adib.a.d6326
5 жыл бұрын
Also the economy not strong, they don't have too much options when it comes to management companies
@LotusesGalaxyOcean
5 жыл бұрын
I am interested in doing this type of investing which is very hands on. However, in certain countries, it would be unwise to do so as a female. This can be due to a range of factors naturally. Are there any particular countries you would recommend for this type of investment for female investors. Obviously, nowhere is perfectly safe, but some places are worse than others. Thoughts?
@nomadcapitalist
5 жыл бұрын
Carol Johns Many of these countries, like Georgia, are perfectly safe.
@cczook4419
5 жыл бұрын
Carol Johns Countries like New Zealand are perfectly safe.
@StonedAlone
3 жыл бұрын
I'm always an advocate for Brasil
@valuenomad9388
5 жыл бұрын
You can find many properties in the city center of Riga, Latvia for under 1k per sq meter. Is it worth it? Probably not.
@jqueryrocks
5 жыл бұрын
Really? Riga is that inexpensive? Riga is a beautiful place, been there last yr.
@stuarth1996
5 жыл бұрын
@Philip-Alexander Jach What do you think of cities like Minsk, Lviv and Sarajevo? All 3 are in non EU countries and all 3 are emerging. I left Kiev out because prices there are now relatively high.
@valuenomad9388
5 жыл бұрын
@@stuarth1996 Lviv is lovely, the old town is amazing and prices are quite good, but the infrastructure is rather miserable. Minsk real estate is definitely not cheap, and considerably more expensive than Kiev. Sarajevo is decent and has a low CIT, most buildings are from Tito era in Brutalist style, and the city is quite inaccessible, not many flights and/or decently fast railway connections.
@valuenomad9388
5 жыл бұрын
@Philip-Alexander Jach The cost of living is definitely not low in Riga, but real estate is rather cheap because of the high negative net migration rate. Lithuania is definitely the best option is the Baltics right now. Estonia is hyped right now and real estate prices in Tallinn are more expensive than many similarly sized cities in Western Europe. Weather in both LV and EE is absolutely miserable, in Lithuania it is slightly better.
@valuenomad9388
5 жыл бұрын
@@jqueryrocks It is, especially real estate, you can easily find a 70-90 square meter apartment in central Riga for 600 euros a month. If you want to buy you can find apartments in the center for under 1k euro per sq meter, but the conditions are poor, they require renovations in almost all cases if you want to live decently. Taxi rides are also quite cheap, sometimes I ride 10km s for 4-5 euro.
@rafimohamed6929
4 жыл бұрын
Interested in Tbilisi Georgia or Baku in Azerbaijan which is better please advise
@dreamweavervideos
5 жыл бұрын
I bought a brand new condo in Thailand 1 year ago for 6 million THB in Hua Hin. Looked very good, but only later did I find out that the build quality was very low. We had issues with pump noise and elevator noise being in the penthouse. I asked them to at least fix the noise from pump that is above the penthouse. Big very noisy machine, Thai engineers have no idea what soundproofing is. They don't understand that noise is pollution. Anyway, they tried to fix it a few times and failed every time. Eventually, they just threatened me with police if I complained again. At that point, I decided I would never buy homes in shit countries like Thailand, or any other RENT guys! And invest only in good countries. At the end, yield is the only thing that matters. And you can achieve high yields in good countries so why go invest in shit countries... Don't! I will try to sue them but I don't look for too much of a success since lawyers in Thailand are not in the business of helping expats...
@clairechloe5294
Жыл бұрын
Well said. I worked in Thailand for 5 years as an expat. The system in the country and Thais favor themselves when it comes to Law & Order. Even if they are wrong they just can't accept it. I like the laid back lifestyle in Thailand but found it hard to deal with Thais in many situations as many of them are dishonest and try to get away with a smile. I met a few genuine Thais. But just in general I could not imagine investing in property there as I would not be able to trust people to go about solving problems in a proper and genuine way.
@PritamDas-se9us
4 жыл бұрын
Hi Andrew. Thank you for all your informativevideos. Have you ever checked Indian real estates in cities like Mumbai, Delhi or Banglore?
@idstersha
5 жыл бұрын
I know that bucharest is welcoming foreign property investment... I know many people that have begun investing there recently...
@vlaframboise
5 жыл бұрын
Congrats for the channel, been following for awhile and really appreciate your ideas! What do you think about Laos, I plan on having a smb in the food processing business and living there long term. Thanks
@nomadcapitalist
5 жыл бұрын
Welcome, Vincent. Laos will be tough to gain traction in.
@jjohnson1214
5 жыл бұрын
Im interested in West Africa can you send some links or videos of your opinions
@orkhankhalafov2793
5 жыл бұрын
Georgia accommodating more and more tourists each year. Tbilissi city centre is getting too expensive as short rentals and high yields drive the prices up. It's light migration policy is another factor driving a lot of demand from investors/expats from Iran and Arabic countries. Maybe makes sens to focus on next Georgias in the region? :) I am prerry sure Azerbaijan and Kazakhstan will liberalize their economies and become more tourist oriented once oil money gets squeezed in the coming years. Right now supply is prevailing demand as so-called local investors are no longer able to drive prices up after recent oil crisis and prefer investing abroad.
@orkhankhalafov2793
5 жыл бұрын
@Philip-Alexander Jach They both are not democratic countries, though I won't call it Dicatorship. Yet their governments have to prepare for post-oil era and sources of non-oil income will be similar to Georgia: agricultural industry, tourism and foreign investments, which can only work if they liberaze their economies as much as possible.
@mohamedtaher70
5 жыл бұрын
I see a lot of potential in buying properties in Turkey.
@FirstnameLastname-js6tv
4 жыл бұрын
Mohamed Taher lol
@inwestujwazji6604
5 жыл бұрын
I don't really understand investing in $1000 apartments. Sure they are both in Georgia and Cambodia but if you want to buy something decent you need to pay 2-3k per meter. Nobody want's to rent out a shophouse in Phnom Penh when the supply of high rise is growing exponentially and there's plenty of choices. I'd rather buy premium RE because a premium apartment in Phnom Penh costs $3000 per meter but the same premium tier apt in Bangkok costs $7000-8000 and $30000 in Singapore and in HK probably $40000-50000. Also luxury RE tend to gain the most value (HCMC, Dhaka, some African capitals etc) because you can build unlimited supply of cheap apartments in the outskirts and cheaper districts but once you buy an apartment in a prime location nobody will build more there because there is no more space.
@dr.winstonsmith
5 жыл бұрын
Tunisia is a good bet.
@bodyloverz30
5 жыл бұрын
Detroit, & Flynt Michigan
@TravelRewardsCoach
5 жыл бұрын
Great video. Been looking into this lately!
@nomadcapitalist
5 жыл бұрын
Happy to help.
@courtenayngo5625
4 жыл бұрын
Hi Andrew, thank you for the advice. What are your thoughts about Hanoi, Vietnam? Thanks!
@miqsirajuddin5378
4 жыл бұрын
Dhaka, Bangladesh. One of the fastest growing economies in the world with a population of 170 million. Most of the residential property is still below $1000 a sq meter; commercial property is higher of course; also higher is the upmarket real estate as it also has the fastest growing rich people (growth metric) in the world. Rampant inequality and a fascist government might be an issue though.
@l.k.4504
4 жыл бұрын
it needs that kind of govt!
@death-disco
5 жыл бұрын
why do I get the feeling you’d be someone to buy a run-down property in a good area in a third world and sit on it? Those people prevent locals buying property at reasonable prices, look ugly for decades and destroy the culture of the local area by having parked properties. If you’re not one of those people, then great. But I do see a lot of that, living in SE asia myself, many buildings and properties decay in prime areas because someone is parking an investment there purely for land value. It shouldn’t be legal.
@nomadcapitalist
5 жыл бұрын
Thanks for sharing your experience.
@Ryousure
5 жыл бұрын
Who's guy to manage these properties half a world away
@kel8026
3 жыл бұрын
That's a good question, and that's why you should have your feet on the ground to learn about the options available, and the locals in general.
@klmklm8570
3 жыл бұрын
Brilliant videos! Could you, please, give us some information about Norway?. Thank you so much!
Пікірлер: 620