Comments by "Fumble_ Brewski" (@fumble_brewski5410) on "Nomad Capitalist"
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There is no monolithic "safe" country. In every nation, there are certain areas that are safer than others. For example, in the U.S. there are very "unsafe" areas such as Detroit, MI or E. St. Louis, MO or Oakland, CA. Then there are places such as Logan, UT, Gilbert, AZ or Portland, ME, which are all very safe. The moral of the story? Don't blindly move anywhere until you've done your due diligence to consider ALL factors (safety, cost of living, climate) affecting your choice of a new location. It only takes a few "bad" areas to drag down any country's overall safety rating.
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First, they (state of CA) came for the super-rich, but I wasn't super-rich, so I did nothing. Then they came for the normal rich, but I wasn't a normal rich, so I did nothing. Then they came for the merely affluent, but I wasn't merely affluent, so I did nothing. Then they came for the middle class, and, lo and behold, they couldn't find any!
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After having lived in California for 35+ years, we finally gave up on trying to adapt to the "progressively" worsening conditions. Which? Ever increasing taxes and bonded indebtedness by the left-wing state government; adding more benefits & services for illegals (oops, I mean undocumented immigrants). Governor Gavin (The Nuisance) Newsom is still stuck in the 1970's, knowing only how to increase taxes and the size of government. Air pollution, urban sprawl, homelessness and gang violence are all out of control. We said, "Enough!" and relocated to ***, and have never had any cause to regret our decision. *** has a much smaller, less intrusive state government, along with with modest, reasonable taxes. And the violent crime rate is miniscule compared to CA. People can still leave their cars unlocked at the local shopping mall (I don't--too many years of living in CA). I'm almost afraid to post this comment, on the chance that it might bring more disgruntled/liberal Californians over here to ****, and ruin a wonderful place to live. Any middle class people that still opt to remain in the (not so) Golden State, do so at their own peril.
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With good reason did Andrew recommend that you make Vanuatu only a 4th or 5th tier passport. The archipelago, which is of volcanic origin, includes 83 islands, 65 of which are inhabited, covering a total land area of 12,274 square km (4,739 square mi), which is slightly larger than the U.S. state of Connecticut. There are several active volcanoes in Vanuatu, as well as several nearby underwater volcanoes; this means volcanic activity, along with accompanying tsunamis, is an ever-present danger. Vanuatu is also frequently subject to tropical cyclones. In addition, most of the population does not have access to a reliable supply of potable water. Deforestation and water pollution are ongoing problems as well. Added to all of these concerns, the northern islands of Vanuatu are having issues with rising sea levels, which may require relocation of some of their citizens. Still want a Vanuatu "honorary" citizenship? Think I'll pass on that one.
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I can empathize with your situation. Leaving the USA was not an option for me either (age, family), but at least I was able to "go where I'm treated better." That is, I was able to relocate from a horrible dystopian, high-tax state (California) to a very decent, clean, lower-tax state with a much less intrusive government. Think (Wyoming, Idaho, Montana, etc.) For me, this was the "better" option. Cheers.
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When people bought homes to simply live in, as opposed to an investment for appreciation (capital gain), this never used to happen. From January 1953 to January 1973, the median home price in the U.S. increased from ~ $18,000 to ~ $27,000, a 50% increase over a period of 20 years. That's an incremental increase of only 2.5% per year. However, from January 1973 to January 1993 the median home price shot up to ~ $100,000, a whopping 370% increase for that 20-year period. Whereas, wages for the same 20-year period remained essentially flat. People used to be able to purchase a home for ~ 3-4 times their annual incomes. IOW, someone earning $9,000 in 1973 could afford to buy a home valued at $27,000. But with wages remaining stagnant and housing prices skyrocketing, many, if not most, families find themselves priced out of the housing market.
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I'm not too sure what you consider "boring," but there are plenty of places in Portugal that have a vibrant nightlife. Plus, for you, language wouldn't be a problem, since you're fluent in Portuguese, right? I would avoid moving to any English-speaking, current or former British colony, since they're all heading in the direction of confiscatory taxation and fascist government. That includes the UK, Australia, New Zealand, Ireland, Canada, and especially, the USA. I've heard some positive things about the nation of Belize in Central America, where English is the official language, but I'd also have some concerns regarding both safety and health care in Belize. Cheers.
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Finland, Austria, Estonia, Switzerland, Denmark, Norway, Israel, Turkey, Brazil are all countries that have mandatory conscription for males 18 and over. Length of service varies with each country, but generally lasts 18-24 months. Plus, Israel and Switzerland both have lengthy reserve/training requirements until ages 40-50 in some cases.
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Don't allow the lack of a personal (or corporate) state income tax fool you into moving to either place. True, if you're an extremely high net worth individual (think Elon Musk or Jeff Bezos), then relocating to Texas or Florida MIGHT make sense. But how many people fall into that category? Very few, I trow. For the average middle class person, saving on income taxes is usually more than offset by having to pay very high property taxes, PLUS very high utility bills. I mean, who really wants to live in Texas or Florida during the summertime without air conditioning? Case in point--I have a family member who lives in Austin, TX, and his monthly electric utility bills for a comfortable home run anywhere from $300-400 per month on average. And his property taxes on that same home run well over $1200 per month. Are you willing to pay nearly $20K per year just to live in Austin? And living in a major metropolitan area in Florida is very similar. In fact, some of the highest-priced real estate in the USA is located in south Florida.
For people who absolutely detest having to pay STATE income taxes (especially those living in California), then there are lower cost options: Nevada, if you don't mind the heat in Las Vegas; or Wyoming or South Dakota, if you don't mind some colder weather. For people living in SoCal especially, southern Nevada is a very attractive option for staying close to family. Cheers.
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The UAE/Dubai continue to commit serious human rights violations, including arbitrary detention, cruel and inhuman treatment of detainees, suppression of freedom of expression, and violation of the right to privacy. The United Arab Emirates (UAE) continue to deprive stateless individuals of the right to nationality, impacting their access to a range of services. According to Human Rights Watch, the UAE detains those who criticize authorities, including hundreds of activists and academics, and Emirati laws discriminate against women, migrants and LGBT individuals. Flogging and stoning are legal forms of judicial punishment in the UAE due to Sharia courts. As a result, the UAE routinely ranks near the bottom of many international measures for human rights and press freedom. So if money is all you care about, then by all means live in Dubai/UAR. Just keep your opinions to yourself and you'll be fine.
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