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MtnGrl585
Nomad Capitalist
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Comments by "MtnGrl585" (@mtngrl5859) on "Why I Was Happy to Leave Latin America" video.
@rodrigooliveira6111 Have you actually been to the hospital to verify that is the case or are you believing your media? In California they said the same thing, I go to the hospital and hardly anyone is there, had hip surgery within 12 hours of arriving. Verify everything yourself.
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True with many areas. Even in Germany one is more circumspect.
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@aidannewton Prices in Panama reflect that it is a stable country, very easy to rent properties out at a good price and return. If you get cheap prices on property there will be many other concerns. For example, in Costa Rica real estate is more reasonable but crime against expats is quite high. Colombia does tax on world wide income unlike Panama.
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@aidannewton Yes, it is difficult to sell one's property in Panama quickly. Currently I am listing and selling homes in California in under 10 days, so that is not the norm world wide. Many people hold properties for years and their rental income is their return. It is a different mindset. The other thing to keep in mind is that the first $120,000 is tax free and then up to $750,000 is is 1/2 of 1% tax. I had a friend look at this condo in an expat area, where they could higher rent, and it was listed at $120k so no taxes, low hoa of $60/month and he could rent it out for $1200 month. That's a good return.
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@georgemkay5980 So is Panama or other countries that tax territorial not world wide.
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Referring to Panama with those tax rates, not in California, LOL! If we had those low taxes in California, I would be showing homes 18 hours a day due to demand!
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@kolacao8134 He's referring to his parents and siblings not children.
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@kolacao8134 I've watched those videos and he has another person talking about raising children in the nomad capitalist lifestyle, He refers to others experiences not his own.
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