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In the last few decades, there have been constant talks about moving overseas. However, this isn’t something that has always come to fruition. Even for the super-rich, some have opted to remain in their birth countries. Though, there may have been countless countries out there that qualify as some of the best destinations for the super-rich.
In this video, Andrew shares the country with the most millionaires.
00:00 start
00:21 Where The Richest Live
2:14 Living in Switzerland
3:02 Living in Australia
4:02 Living in Singapore
4:30 Living in China
7:05 Inflation
8:00 Taxes in Singapore
9:00 Tax-Free Countries
Andrew is reading this article:
Andrew Henderson and the Nomad Capitalist team are the world’s most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to “go where they’re treated best”.
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Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle.
Our growing team of researchers, strategies, and implementers add to our ever-growing knowledge base of the best options available. In addition, we’ve spent years studying the behavior of hundreds of clients in order to help people get the results they want faster and with less effort.
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DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.
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A million is nothing nowadays.
Ecuador is the place to push your cash around to create success.
Just checked my investment portfolio account. Just add $3k a month from 21. Now 32 portfolio is $3.4 million. Have not checked for 5 years. Thought would have been around $900k. Plan to try get to $10 million before 40 and retire them
🍃For the average American or Canadian , Portugal 🇵🇹 is a nice place to escape 🌿👍
Xlent if i was American i would leave as well
Places with the lowest clot shot uptake and where there was the least coersion are the places to go
Whalsay
Would be interesting to see where Russian and Ukrainian millionaires are moving to. It's been a large exodus and i don't see them going back anytime soon
I don't like Canada, Australia, New Zealand or Hong Kong because they are earning a name for human rights abuses.
Having spent 13 years in Switzerland and made countless trips to Singapore, they take first and second place as the countries I know with the least character and soul, absolutely boring. Not coincidentally, both have made their fortunes laundering money, not through creativity nor culture. So while the money looks great, pay attention to the overall lifestyle – how happy people are, how easy it is to live there, connect with people, and enjoy life.
The best decision I ever made in my life was investing in financial market. Trust me guys, it pays!😊
It's like an entire channel dedicated to the tragedy of the commons and the race to the bottom, so all capital is owned by one man eventually: Elon Bezos.
I'd like to make a request. Andrew, can you add back the location pin?
I love seeing where you are in the world when you're recording videos for us.
Decamillionaire is the new millionaire
Decamillionaire is the new millionaire
Despite the economic downturn,I'm so happy☺️. I have been earning $ 60,000 returns from my $7,000 investment every 13days
Would it be a good idea to move to Australia, Sweden or Norway as a millionaire? I know their taxes are high and everything but I’ve been curious.
How about countries that love wealthy people and want to welcome wealth?
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A millionaire is not as much anymore…..that depends on who U talk to! And you won't starve, that's for sure!
Country..montenegro, Mexico, Switzerland, Singapore, Dubai, Malaysia, Puerto Rico, giving up citizenship usa n Europe now.
Million millions are my co-workers ! bro cheers
The millionaires are going to end up as ashes. Nobody will ever remember them
🇺🇸 USA govt won't leave you alone… not even when your dead!
I HAVE INCURRED SO MUCH LOSSES TRADING ON MY OWN…I TRADE WELL ON DEMO BUT I THINK THE REAL MARKET IS MANIPULATED… CAN ANYONE HELP ME OUT OR AT LEAST TELL ME WHAT I'M DOING WRONG ?
In some of these high cost places you need to be a millionaire to have a roof over your head and food on the table.
These are the on the record millionaires lol
When everyone's a millionaire, the rich will be billionaires.
Wealth alone is not most important to me. I have to live where I feel good, safe, love my house, surroundings, people around me.
I was born and brought up in Dubai. Started from nothing. Took care of my family and made a lot of money. Lived a great life. Due to discrimination I left and moved to Canada. But then seeing how the monetary system is managed here, high cost of living, high taxes, lower income ( low for me at least as I was earning tax free in Dubai)… I am planning to move back to Dubai in 2024. I dont care about the discrimination anymore as I personally was making money and had a comfortable lifestyle there.
Andrew having a network in millions is a wrong metric to measure and compare.
What’s important is your “Buying Power”.
Do you know the cost of living in Switzerland, or even Singapore?!
A Swiss with ten million dollars network doesn’t have the same buying power or quality of life (food, health care and housing) compare to, say a Turkish resident with One Million dollars network (or even less).
It’s all about your buying power.
Andrew How can I, as an American, move to and live in China? A beautiful, vast country with infrastructures in their villages more modern than ours in New York and Silicon Valley!
North America is finished that’s at the best they are going to become second or third rate power like UK or Germany.
US hysterical reaction to limit China and BRICS development is a sign of its speedy demise.
My goal is to move to China.
Súper.oke.
Singapore and Switzerland have gold volts this is why the milioners are sifting there
They keep printing money, pretty soon we'll all be millionaires. Yay!