Best Places I Would Live with $1,000 per Month

Where are affordable places for new nomads to live? In this video, Andrew discusses the top cities for new nomads to live for just $1,000 a month.

0:00 Start
1:31 Tbilisi, Georgia
4:44 Istanbul, Turkey
5:25 Kota Kinabalu, Malaysia
6:37 Phnom Penh, Cambodia
7:19 Antalya, Turkey
7:49 Buenos Aires, Argentina

Andrew Henderson and the Nomad Capitalist team are the world's most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best".

Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle.

Our growing team of researchers, strategies, and implementers add to our ever-growing knowledge base of the best options available. In addition, we've spent years studying the behavior of hundreds of clients in order to help people get the results they want faster and with less effort.

DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.

[ddharder]

I haven't checked for cost adjustments today, but a few years ago, I spent 3 months in Goa, India. I budgeted $1000/month, but was unable to spend more than $800. I rented a 2 bedroom condo in a gated community with a swimming pool and twice a week cleaning. All western standard, for about $400/month. I rented a motorcycle for $100/month. Then I ate every meal in restaurants. I didn't limit myself in anyway. Food was like .50 cents including drinks. Every other day I went to the barber to get a shave. Then I spent my days riding around the villages and jungles or working on the beach with my laptop. Absolute paradise and no money worries whatsoever.

[handsomeforlaw]

I live in Norway, and I am blessed because almost no matter which country I relocate to it will be cheaper than here :D

[onebridge]

I liked Nairobi, Kenya. My gf is Kenyan and during a Safari trip, I partnered with our Safari Guide to start a farm and ranch. I’m now an owner of 4 bulls and 20 goats in Masai Mara! 🤓🥴

[tpcreeper]

Retired Canadian, I came to Buenos Aires and LOVE IT!

[goodgo]

Please do more low budget video!!!
For people that would like to live 6 months per years in anoher country

[ralphgelwicks]

Learning to live and get by on almost nothing is one of the best experiences you can put yourself through. It teaches you to appreciate and be grateful for what you do have and it rids you of worries and stress of where the money is going to come from to maintain an extravagant lifestyle. It's not easy to be happy if your mind is worrying. Living extravagant doesn't bring peace and contentment or happiness especially if you must stress and worry about how you will maintain that lifestyle!

[dvillafane]

I am a Native New Yorker.. mom and dad from Puerto Rico and for me? It is Turkey all the way!!! The food the city, Istanbul, the country, Bodrum, Kas, the beaches, the culture, the people, and the Turkish Rivera ? It is gorgeous🌊🌊🌊

[donnauzunow]

Bulgaria is pretty cheap with great location in eastern Europe, close to Greece, Turkey and most of Europe. It is safe and has beautiful mountains and great beaches at the Black Sea.

[cetriyasArtnComicsChannel]

Even though your target market is '8 figure' individuals, thanks for giving us barely 5 figure folks some tips!

[expert]

Valpariso, Chile works for me. Weather is like Southern California. Internet is good (for working online). Cost of living is good. I live a five minute walk from the beach and don't need a car because there is good public transportation. My costs are less than 1000 USD per month.

[NewYorkCityGuy]

Regarding your comments on Buenos Aires. Yes, it is an amazing place. I know because I live there part time. One major hassle, however, are the stringent currency controls imposed by the country. The city is expensive if you use your credit/debit card. There are two currency exchanges: the "Dólar Oficial" which as of today is 95.65ARS to 1USD. Then there is the black market dollar known as "Dólar Blue" which as of today is 174ARS to 1USD. If you sell your dollars on the black market, you can live quite well but this means that you must deal in cash for everything and then replenish your dollars by either leaving the country and returning or by having friends come visit. Then, there is the additional hassle of safely hiding your dollars in your apartment. For me, it's worth the hassle, but it is a consideration.

[dollimelaine]

I lived in Belgrade for less than $1, 000 a month. I got stuck there during the pandemic and stayed for 2 years. The people are friendly and helpful, plus they speak English really well!. I tried Tbilisi recently, but it was not my place. I just didn't vibe with it. I felt like it was a bridge too far and few spoke english. I thought I would stay for a year and left after one month.

[Kotiara]

The more I watch this channel, the more I respect Andrew.

[roballen]

You can actually live here in Thailand on $1000 US per month fairly easily. We had rented a new 1 BR townhouse for only $150 US per month and utilities are really reasonable here. Food is reasonable and there are both "fresh markets" and regular grocery stores. The Thai people are very outgoing, friendly and fun to be around. 😊😎😊👍👍👍

[RonaldKragnes]

0:00 Start
1:31 Tbilisi, Georgia
4:44 Istanbul, Turkey
5:25 Kota Kinabalu, Malaysia
6:37 Phnom Penh, Cambodia
7:19 Antalya, Turkey
7:49 Buenos Aires, Argentina

[angelosliotscos]

Before it was discovered, we spent 3 months at Ulu Deniz near Fethiye, Turkey on a $1, 000, not a month but in total. There was nothing to buy but food and we lived in a Ford Transit van on the beach. Everything like delicious wine, cigarettes, a haircut all cost 50 cents.
I recommend finding a place like this that is not yet discovered.

[philparrott]

Philippines, English is their second language. I never spend over 650 dollars a month and live on a small island with access to serval bigger cities nearby. Beautiful here on Camiguin Island.

[talknight]

You can live pretty well on 1000$ a month in most Balkan countries. I spent 3 months in Serbia (1 month in the countryside, 1 in Nis and 1 in Belgrade) on about 800 euro per month and had a blast. I was staying at AirBnBs, using taxis at will and eating out a lot. Great food, beautiful country.

[jacquesdutoitpvt]

I'm from South Africa and currently live in Buenos Aires. We live very well (big 2 bedroom apartment, with a pool on the roof in one of the best streets in the city) for $620 (this is net, with all extra expenses added), so $1000 is very doable in BA.

For reference, in March 2022, when we moved in, the rent was around $835. In March 2023, the rent will go up by 50%. And then the peso will continue devaluing, so we'll be at the 600-700 range again pretty soon.

[lynndowless]

Salamanca, Spain. I am a US citizen. I stayed there with my wife who was getting her MA at 5K$ for three months. One can rent an apartment there for 400 euros. First and foremost the city is an oasis of intellectualism. They love their heritage past, and so do I. One may eat a filing tapa and have a mug of beer for three euros, or buy for even less at the local market. He can catch two way bus tickets anywhere in Spain or even in France for twenty euros prior to C19. He can book all inclusive four day vacation packages to Pamplona for 150 euros. Valencia, Spain is even better, but not quasi-centrally located as Salamanca is for travel purposes, but I also highly recommend it. I would leave the US today and live there for what remains of my life, if my wife was ready.