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Jeremy Barlow
Nomad Capitalist
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Comments by "Jeremy Barlow" (@jeremybarlow2291) on "Where to Live with Caribbean Citizenship" video.
It is not just wealthy Americans who have decided the juice is not worth the squeeze here. Plenty of Americans from every socioeconomic class, racial, and ethnic background are moving to Latin America, Southeast, South, and Southwest Asia, Africa, and Europe because the cost of living, access to healthcare, and lifestyle in general is more amenable to a comfortable life than life in the US because the cost of living and healthcare are more affordable elsewhere. Dollar for dollar the US is punching well below it's weight these days and thanks to the Internet Americans have figured that fact out.
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As to why a Canadian would move to Australia? I mean Andrew it's obvious. The weather. Yes summer in the part of Canada where most Canadians live isn't generally oppressively hot nor too cold, but the winters are a lot worse than Australia, for a very similar tax regime, and very similar society overall. Maybe the Aussies aren't quite as polite, but sunshine and warm weather are more in abundance in Australia than Canada.
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You get a citizenship other than the US as fast as possible. You get residence in yet another country or two. If possible you get a third passport. As the military says, 2 is 1 and 1 is none. Then you ditch US citizenship. That takes care of the later concern. As for place likely to be unaffected ASEAN counties & Africa will have little impact from the US implosion. Latin America south of Mexico will largely be unaffected, but no country will escape with zero impact. Just some are less likely to see major impacts. Africa is probably the least effected area. Eastern Africa like Tanzania, Seychelles & Mauritius seem unlikely to experience major impacts. Ecuador and Paraguay in Latin America seem least likely to be effected, although Ecuador has more exposure with a dollarized economy than Paraguay. Just my take, but look at trading partners & what they are trading this is telling.
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mariobroselli3642 I mean that is the role Indonesia & the Philippines fill for Australia.
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