3 Popular Countries You Should NEVER Move To

3 Popular Expat Countries you should never move to as a Wealthy Expat.

In this video we talk about the 3 countries I don't recommend for you as a wealthy expat to move to if you're looking to improve your life by paying less taxes, protecting your wealth, and enjoying an amazing quality of life. These 3 countries are always talked about in offshore company groups, youtube channels, and major bloggers mention them a lot as great places to live. In my experience and my clients' experiences, they are the worst countries to live in.

I also mention a lot of alternative countries you can live in that you will love, that are also low tax countries, safe and stable for your wealth.

Who is the Wealthy Expat?

The Wealthy Expat is run by Rafael Cintron, it's a Youtube channel and company dedicated to helping you lower your taxes, get a second citizenship, and travel the World to increase your freedoms and happiness. Rafael Cintron is a 7-figure entrepreneur who's traveled to more than 65 countries, gotten multiple residence permits all over the World, and a second citizenship by investment. He is committed and passionate about teaching you these topics.

We have a full team of people living in Dubai, UAE to help you set up residence and a zero tax company in the most upcoming country in the world.

In this video we talk about:

tax friendly countries, citizenship by investment, avoid taxes, pay zero taxes, worst countries to live in, best countries to live in, best low tax countries, low tax countries to live in, safest countries to live in, move to another country, move abroad, where to move to.

Other related people in this topic:

Nomad capitalist, offshore citizen.

DISCLAIMER: This video is not tax and/or financial advice. Any information or advice I give is purely based on my own experience and research. I am not a tax professional and/or lawyer and/or accountant so I am not liable for any steps you take to lower your taxes. I'm not a financial advisor nor do I pretend to be. Always do your own research.

[cgruiz]

One percent of one million dollars is ten thousand dollars and not one thousand dollars.

[isabelpaterson]

Romania has some of the fastest internet In the world, I lived in the capital for two years, never witnessed any robbery or similar event

[pb]

I would strongly recommend adapt to the society and do not think in your old habit/ lifestyle. I moved twice in another country and once to another continent. I never had any problems, only challenges.

[ՀովսեփԽաշունի]

Your evaluation of Armenia is shocking. $1200/night hotel rooms being unclean? You can get a room in a 4 star hotel for $80/night that’s been sandpapered to cleanliness. To imply that there is a *culture of uncleanliness* is outright wrong. The roads get sprayed down every morning and every business owner sweeps the public curb throughout the day. Do villagers shower once per week? Yes. But Yerevan is a clean and safe city. The traffic is bad during rush hour. But roads are great and they’re only getting replaced more and more frequently, particularly national highways.

[Murmilone]

I stayed in Armenian Metropol, Caucasus and a few other smaller hotels for $50-100/night and they were all clean. Maybe not chic but clean. The people are very hospitable too. Not sure about their English level since I never tried to communicate in English, 95+% of Armenians speak Russian fluently.

However, as far as I know, Georgia has a better banking system and communication with the government. So if you choose to stay in Georgia, register your business, work remotely and pay taxes, that can be done relatively smoothly compared to Armenia.

I, personally, don't agree that Georgia is a paradise compared to Armenia, as you said. But if the Armenian government wants to attract people from the rest of the world they might need to work on improving business registration, filing tax returns, etc over the Internet for foreigners who don't speak Armenian.

[ndTim_-]

When thinking about countries now - I think about personal freedoms and how they treated their residents and citizens during the past 3 years of BS.

[dm]

Kolkatta India was definitely the craziest and most dirty/poor place I have seen so far.

[RomilCPatel]

Can you make a video on your experience with renouncing US citizenship?

[rikirex]

The worst? ...Australia....I won't even go back to applay for my overdue pension...just look the news on their channels for a few days.

[Zardoz]

I was in Romania as a tourist and I felt very, very safe there! Nowhere was I harressed or someone tried to rob me, not even in the concrete outskirts of Bucarest. left my wallet on the table of a cafeteria for at least ten minutes (while attending the restroom) and nobody touched it! I feel less save in my home country (the Netherlands) with lots of agressive youths on the streets than in Romania. Had no problem with the "gypsies" ( derogatory term) either. True, the infrastructure is highly underdeveloped, but for the rest the country felt quite welcoming next from being very cheap too!

[harrymoses]

I’m an expat and I live in Armenia and it’s a paradise comparing to Georgia with a better internet quality, but still I love Georgia too ! But just for your info there are more than 500 thousand expats living in Armenia now and it’s an expat friendly country and you can’t just judge countries or cultures based on your own experience regarding the cleanness or hospitality! It happens to all of us While traveling ! Who you are to judge ? We all get some bad hotels or restaurants or airbnbs all over the world but we don’t make negative videos about countries based on our own opinions …

[piyaray]

Correction: 1% of a million is 10K i suppose not 1K as mentioned in video 1:03 for Romania bro 🤔

[relicofgold]

1) Romania
2) Armenia 
3) Philippines

[MalaPalabra-zrwg]

you forgot Venezuela, Haiti, Guatemala, Mongolia, Iran, North Korea and Cuba

[ianlewis]

I live in Cebu, and in 5 months never had a brown out / power cut ..internet is ok ...

[noahditz]

I would never recommend anyone to move in Zimbabwe. When you go there it feels like infrastructure hasn’t changed since the 80s

[behindthescenes]

For westerners unless you have not traveled to Asia, you cannot assess the full benefits of retiring in the Philippines. It will deoend on your purpose. All countries have pros and cons. You just need to see how the pros outweighs the cons. You cannot compare western from asia, they are two different culture.

[lsotolongo]

Cuba 🇨🇺 is the worst, being born and raised there, having visited many times I would NEVER suggest Cuba 🇨🇺

[mkus]

Please tell me which statistics are better for choosing a country to move to, if I'm only interested in how much money will be left from my salary after all monthly expenses. Maybe "Local Purchasing Power Index by Country"?

[NonsenseDiamond]

Is it easy to open a bank acc in dubai as a foreigner and do they have 10%roi with them