Comments by "MtnGrl585" (@mtngrl5859) on "Should You Move Here for Double the Salary?" video.

California is not the only destination if one is getting hired by a big tech company. Have clients that just took an amazing position in the state of Washington. There are no personal income taxes or corporate taxes in the state. The real estate market is going crazy there but one can still find more reasonable rentals than in Silicon Valley. Lots of jobs there, great schools. Talked to one of the Realtors I referred my clients to and she said she is working with Buyer who both got their PHDs and were hired by facebook and are buying their first home at 1.2 million, tells one something of the kind of salary they are making.
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@guilhermesalesferreiradaco2934 Both of those places have high vaccine compliance and depends on what you want out of life. I would never want to live in Singapore nor UAE. You can forgot about owning a home and I mean a home not an apartment in those areas.
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@niks1na Exactly and one can easily buy a home with nearly no money down also in many of the areas that you mention.
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@guilhermesalesferreiradaco2934 I guess I made the wrong assumption that you were interested in wealth creation being on this channel. Real Estate is the pillar of wealth creation. 87% of the wealthy did so through real estate. Andrew does speak of real estate himself on this channel. Personally, living in a country where one can't get personal residency seems like a colossal waste of time. I've been tracking some of the key markets in Florida and for a small down payment, I would have had an additional 300k in a relatively short period of time. This is the beauty of passive income.
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@guilhermesalesferreiradaco2934 First off, interest rates for one thing. Once you invest in an apartment building you have commercial interest rates, so it is much higher. In the USA, one invest in 1-4 units or less for around 3-3.25% interest rate. Most of my clients who are investors are making strong incomes in the tech industry but they are investing too in real estate. Apartment buildings have their own challenges too, more tenants, more challenges, not as easy to sell if one wants to sell. There are many tax deferral strategies that exist in the US. At present long term capital gains is 15% which will likely change.
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Amazon is only one of the employers there. People can easily get another position there very easily. Salaries are quite high in the area, and more companies are moving in due to the tax situation and pool of talented people there. Depending on where one wants to live, there are more affordable areas and with 3% interest rates, hard to pass up and pay rent.
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@belle42 Move to Texas, Texas is fining companies that want to vax people.
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@cubeeggs SF and NYC are not the majority of the USA. Most of the tech companies have other locations in other areas of the Usa, where standards of living are much lower.
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@boyar1978 Why do you follow this channel, if you support countries with zero options. Clearly you haven't educated yourself at all, you have little to offer the world. You are living in some kind of bubble. Where do you come up with countries like Bulgaria and Serbia, Albania in the mix with N Korea? Check out prices sometime in Albania for example.
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Or if you decided to become a mortgage banker and did residential and investment loans and did on the average 15 loans a month ( low figure) with the average loan amount of 500k ( low amount) your gross income would $75k/month. Then within a year, you would be refinancing these people, so now you are easily doing 30 loans a month and on and on and on.
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There are always trade offs. If you have a lot to offer, negotiate larger vacation in lieu of some salary, I'm sure it could be worked out.
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@Iron88380 So, you had the benefit of American salaries with Euro holidays! I've had European clients over the years who chose to work for American companies for this reason.
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@vinnieray6789 Depending on where you live in Texas, property taxes are quite high. They are 3.25% in Austin, know someone who moved there and bought a home for 425k and that's equivalent to nearly a 1.3 million in taxes that are paid in California.
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