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Marvin Fine
Nomad Capitalist
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Comments by "Marvin Fine" (@torontovoice1) on "How to Move Overseas If You Only Speak English" video.
Well I really enjoyed this video. I'm just somewhat bewildered as to the logic of some of these statements. The majority of people that are moving to these emerging markets are not particularly affluent. It is a real anomaly for someone to be making a seven or eight figure income that has no Nexus in a first world country. And we know that all these first world countries have high taxation. Why would a person who is earning millions of dollars a year want to move to an emerging market? I just can't understand it! It's corrupt, and generally unsafe. And the more money you have, the more unsafe it is. The first thing you have to do is get connected with someone in the government who can act as a protector if someone wants to shake You down. I've spoken to a number of people that have moved to emerging markets, and they told me that's the first thing they did. Find a local partner who was well connected. If you're just a retiree and living on a pension, it's very unlikely that you're going to have problems anywhere you go. The country is real happy to have you, and all you do is spend money. You might want to explain that? Perhaps I'm missing something?
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