Video Briefing

Nomad Capitalist: UPDATED: If I Could Only Live in Three Countries…

Nov 23, 2021Video Briefing14:35Watch on YouTube

Living in three different countries each year can provide a balance of lifestyle, culture, and financial advantages. After a year of reassessing his priorities, the author has narrowed his preferred trio to Malaysia, Mexico (with Colombia as a close alternative), and Ireland. The selection emphasizes personal warmth, ease of daily interaction, and a supportive environment for entrepreneurs and investors.

Asia – Malaysia

  • People: Described as “nice” and “kind,” with a laid‑back attitude toward life.
  • Culture: Simpler goals and a focus on enjoyment, which the author finds refreshing compared with more high‑pressure environments.
  • Business environment: While many foreigners have left recently, the country still offers a mix of successful entrepreneurs and a welcoming community.
  • Why not Thailand or Singapore: Thailand lacks the same “vibe,” and Singapore, though excellent for wealth storage, does not feel suitable for long‑term residence.

Latin America – Mexico (with Colombia as a contender)

  • Mexico:
    • Diversity of locations: Mexico City, Puerto Vallarta, Cabo, Mérida, Guadalajara, Chapala, Oaxaca, etc.
    • Cultural familiarity: Offers “Americana” food, service, and cultural elements that resonate with U.S. expatriates.
    • People: Generally nice and internationally oriented, which can sustain a longer stay.
  • Colombia:
    • Warmth and politeness: Considered even more courteous than many Latin American nations; less profanity in everyday conversation.
    • Language: Requires a stronger grasp of Spanish, and pronunciations can be challenging for non‑native speakers.
    • Development: Less developed than parts of Mexico but offers a “great” community feel.
  • Decision point: The author leans toward Mexico for its broader international appeal but acknowledges Colombia’s superior warmth.

Europe – Ireland

  • English‑speaking: Provides an easy linguistic bridge for native and non‑native English speakers, facilitating business and social interactions.
  • Cultural fit: The author feels a “midwest‑style humility” and warmth that resonates with his background.
  • Social atmosphere: Frequent apologies and courteous behavior (e.g., “sorry” culture) create a welcoming environment.
  • Tax considerations: Ireland offers relatively favorable tax plans for newcomers, though specifics are not detailed.
  • Personal history: Over a dozen visits have consistently reinforced a sense of home and belonging.

Core Criteria for Choosing a Home Base

  • Personal warmth: The friendliness and courtesy of locals are paramount.
  • Ease of communication: Language barriers should be manageable; English‑friendly environments are a plus.
  • Cultural compatibility: Lifestyle, values, and everyday interactions should align with personal preferences.
  • Business climate: Openness to entrepreneurs, reasonable tax structures, and the ability to store wealth securely.
  • Community and relationships: Opportunities to build strong personal and professional networks.

Practical Steps for Prospective Digital Nomads

  1. Obtain residency or citizenship in a country that feels right; this provides flexibility to relocate later.
  2. Spend time on the ground to assess warmth, daily interactions, and cultural fit before committing long‑term.
  3. Consider language requirements—especially in Spanish‑speaking regions—if daily communication is essential.
  4. Evaluate tax regimes and any incentives that may apply to entrepreneurs and investors.
  5. Leverage mini‑hubs in emerging European markets (e.g., Serbia, Albania, Armenia, Georgia, Turkey) for short‑term stays while exploring longer‑term options.

By focusing on personal comfort, cultural resonance, and a supportive business environment, these three countries—Malaysia, Mexico (or Colombia), and Ireland—form a balanced “trifecta” for a nomadic lifestyle that prioritizes both happiness and practicality.