Video Briefing

Nomad Capitalist: 7 Underrated Cities for Nomads and Expats

Feb 24, 2020Video Briefing12:41Watch on YouTube

Seoul, Kuala Lumpur, Taipei, Belgrade, Dublin, Mexico City and Bogotá are often overlooked by digital nomads and expats, yet each offers a blend of lifestyle, immigration pathways and cost advantages that can make them strong alternatives to the usual hubs such as Singapore, London or Lisbon.

Seoul, South Korea

  • Lifestyle: A modern metropolis with a vibe that mixes Tokyo‑style energy with its own Korean culture.
  • Tax: Offers a “special expat tax scheme” – not zero tax, but rates lower than many OECD countries.
  • Immigration: Investor‑friendly visas are available, though they are not widely advertised.
  • Why it’s underrated: Many focus on Japan or China, overlooking Seoul’s relatively open business environment and moderate tax burden.

Kuala Lumpur, Malaysia

  • Tax & immigration: Malaysia is known for being tax‑friendly and for granting residency to investors, entrepreneurs and employees with relative ease.
  • Property rights: It is the only Southeast Asian country where foreigners can own landed houses; apartments are generally larger than in neighboring cities.
  • Lifestyle: A multicultural hub with abundant restaurants, shopping, and regional travel options.
  • Cost: Housing and daily expenses are lower than in Singapore or Bangkok, making it a practical long‑term base.

Taipei, Taiwan

  • Culture: Provides a more traditional East Asian atmosphere compared with the tropical feel of Southeast Asia.
  • Residency: Possibility to obtain residence permits, especially for business owners and investors, though costs are higher than in Kuala Lumpur.
  • Appeal: Ideal for those who want a Chinese‑influenced environment without the restrictions found in mainland China.

Belgrade, Serbia

  • Affordability: One of the cheapest European capitals for rent and property purchase.
  • Immigration: Flexible residency options that do not require large capital outlays.
  • Lifestyle: A lively restaurant scene, open‑air markets, and a “always‑on” street life that contrasts with the Sunday closures common in many Western European cities.
  • Strategic location: Close to Budapest and other Central European destinations, yet less saturated with expat competition.

Dublin, Ireland

  • Pace: Slower, greener, and more relaxed than the bustling tech hubs of London or Berlin.
  • Visa ease: Post‑Brexit visa rules are generally more accommodating than the UK’s, attracting English‑speaking professionals.
  • Size: A small‑city feel with ample cultural amenities and a strong Anglo‑American business culture.

Mexico City, Mexico

  • Food scene: Frequently ranked alongside Kuala Lumpur as one of the world’s best culinary destinations.
  • Cost of living: Affordable housing and everyday expenses, despite a reputation for safety concerns that are largely overstated in the city centre.
  • Real‑estate: Emerging opportunities that resemble “New York‑style” deals at a fraction of the price.
  • Language: Spanish is widely spoken, but English is common in expat circles, easing the transition.

Bogotá, Colombia

  • Climate: Cooler high‑altitude weather compared with many Latin American capitals.
  • Cultural assets: Numerous museums, restaurants, and historic neighborhoods with a slower, more relaxed rhythm than Mexico City.
  • Investment potential: Growing interest from foreign investors, yet still under‑the‑radar compared with other South American cities.

These seven cities illustrate that attractive options exist beyond the well‑trodden expat routes. When evaluating a new base, consider not only lifestyle preferences but also tax implications, residency pathways, housing costs and the overall ease of doing business. Each location offers a distinct mix of these factors, making them worthy of a closer look for anyone seeking a balanced, affordable and culturally rich environment.