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Why I Hate Caribbean Real Estate 

Nomad Capitalist
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Today, many people understand the importance of having a real estate portfolio. But it's pretty easy to misinterpret things. When looking at opportunities in property abroad, you must look at market trends rather than the sheer number of properties you own.
Most people underestimate market trends' importance when making overseas real estate investment deals. This can end up costing quite a lot of money. You don't want to do that to yourself. Therefore, you must understand what you're buying.
Some property developers overestimate the value of properties. It would help if you got accurate figures. You want to make money, not lose it.
00:00 Start
0:23 Investing in Real Estate
1:27 Andrew's Response to RU-vidrs
3:40 Turkey vs. the Caribbean
5:12 Real Estate in Albania
5:39 Real Estate in Montenegro
8:11 Real Estate in Grenada
10:11 How to Invest in Real Estate
13:14 How to Get a Second Passport
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".
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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.

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14 июл 2024

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Комментарии : 72   
@jeffcurrent5593
@jeffcurrent5593 Год назад
I did the CBI in St. Kitts and Nevis and we went for the pure donation route for the exact reasons mentioned. We are planning to live there and found it would be way more flexible and economical to just pay the donation. Good video!
@fillername458
@fillername458 Год назад
You are completely correct. Especially since if you intend to renounce a US citizenship you will have to later pay a 20% tax on that home you bought in St Kitts.
@lucasomalley
@lucasomalley Год назад
Andrew off the top ropes with the elbow drop on "2 other RU-vidrs". I wonder who the other 2 RU-vidrs are. I have a hunch, but not totally sure.
@christianheath718
@christianheath718 Год назад
Same. There’s exactly 2 that I know lol. 1 with a crowd bigger than the other
@lockitdownduck4033
@lockitdownduck4033 Год назад
Very well done and straight to the point.
@thomasmaresh5264
@thomasmaresh5264 Год назад
Exactly. You have to live in a house somewhere, and it's a lifestyle choice to buy a house where you won't get into a TMZ-video-worthy war with your neighbors and can enjoy the neighborhood amenities. Otherwise, I personally would put my real estate investment money into a some sort of a REIT (Real Estate Investment Trust) and let a pro handle it.
@mycryptolingo5974
@mycryptolingo5974 Год назад
I love this channel! Value over hoopla
@nomadcapitalist
@nomadcapitalist Год назад
So glad.
@IslamicRageBoy
@IslamicRageBoy Год назад
Spot on. A light onto the dark
@thomasinatafur4479
@thomasinatafur4479 Год назад
Spill the tea!! 😃
@LoveClassicMusic0205
@LoveClassicMusic0205 Год назад
I quickly figured out who you're talking about. 😁
@mattanderson6672
@mattanderson6672 Год назад
Thank you Sir
@barrytelesford5265
@barrytelesford5265 Год назад
Buy in Trinidad. land value is increasing here, and Trinidad is not prone to adverse weather concerns. now is actually a good time to buy while land prices are still reasonable. But we are an industrial island rather than a touristy island.
@Regina.Clarke
@Regina.Clarke Год назад
Yes, Windward Islands tend to be pretty safe when it comes to hurricanes.
@mychillbase
@mychillbase Год назад
I agree with diversification of real estates. But to find a good deal in a foreign city is quite hard and with not so good returns. Maybe Andrew, you could do some more of those videos? Like a tutorial of finding them - i remember u did it in turkey, could u do some more and go more in depth?
@laylalayla5364
@laylalayla5364 Год назад
thank you for this
@Nico-jt4jd
@Nico-jt4jd Год назад
Time value of money 🏆
@darleneraysor6268
@darleneraysor6268 Год назад
Thank you so much for the advice .
@mrpeel3239
@mrpeel3239 Год назад
Don't some Caribbean islands also have issues with locals making ancestral claims on lands that have already been sold? I knew an American hotel owner on Saba that spent years in court over who owned the land under his hotel!
@HughJass-jv2lt
@HughJass-jv2lt Год назад
Excellent!
@bodyloverz30
@bodyloverz30 Год назад
No Zillow WOW!
@maxflight777
@maxflight777 Год назад
Cayman Islands property makes sense ! Perhaps the exception
@chrislennon3925
@chrislennon3925 Год назад
but it's not tied to the Turkish lira, so not as much fun to gamble on.
@maxflight777
@maxflight777 Год назад
@@chrislennon3925 😂
@guillermone1
@guillermone1 Год назад
How about the Dominican Republic. I find it to be a good value compared to other Caribbean islands. I have considered buying a beachfront condo in the Punta Cana area with the intent of renting it out using ARNB buy fear is stopping me.
@FreedomPlaya
@FreedomPlaya Год назад
Have you considered Playa del Carmen, Mexico instead? :)
@guillermone1
@guillermone1 Год назад
@@FreedomPlaya -No I have not, been to Mexican coast but it feels sort of like Disney on a Tropical Beach. Too commercialized for my taste.
@FreedomPlaya
@FreedomPlaya Год назад
@@guillermone1 Some areas in the Riviera Maya are indeed 'commercialized'. Some other places, not so much. For example, have a look at my videos re: Puerto Morelos. It's a lovely little beach town in between Cancun and Playa del Carmen. From an Airbnb/rental perspective, the Riviera Maya is definitely an in-demand location.
@JTland-sea-air
@JTland-sea-air Год назад
@guillermone1 ...and Punta Cana isn't?? All inclusive resorts. No boardwalk there at all. You can barely walk down the beach without resort security daring you to touch their chase loungers. Bayahibe maybe, Punta Cana no. I spent 4 mos in south DR because I dive and the diving's better in Caribbean. If you don't dive, then Las Terrenas up north has much nicer beaches- long, walkable with a nice boardwalk alongside w shops, restaurants, etc.
@guillermone1
@guillermone1 Год назад
@@JTland-sea-air -When was the last time you were there? The area is growing really fast, with a lot of residential communities already built and being built. Most of them are private and gated communities, that is the only difference. Its not the regular traditional neighborhoods.
@toddhayes3506
@toddhayes3506 Год назад
Inspiring Intelligent
@justinpamela9305
@justinpamela9305 Год назад
We need the money I feel like everybody in the world needs a stimulus check not picks or choose a few state to get them and other don't have that. Not fair is not right
@teresasean3117
@teresasean3117 Год назад
It would be nice to have #2$ check stimulus check for l people with social security disabilities so we can invest as well 😔
@antediluvianclockwork9769
@antediluvianclockwork9769 Год назад
What about buying a house in Belgrade? It sounded like a lot of that riverfront property was mostly for narcos.
@happyslave6783
@happyslave6783 Год назад
I wonder how expensive are the insurance premiums for homes on those inclement weather prone islands.
@peterlessard
@peterlessard Год назад
actually St Kitts & Nevis are not inclement weather prone in so far as the devastating storms you are likely referencing.
@JC-vx9wx
@JC-vx9wx 6 месяцев назад
Of course St. Kitts and Nevis are in the Hurricane zones. The entire Caribbean islands are prone to Hurricanes etc, except Aruba, Curacao and Bonaire due to their southerly location. Trust me l am from the Caribbean. Please do your research. Also the cost of Hurricane insurance is skyrocketing.
@reubenfevrier2349
@reubenfevrier2349 Месяц назад
Dominica property seems quite pricey.
@2ndTim3_1-6
@2ndTim3_1-6 Год назад
If its the guy I m thinking of, the guy does alot of walk and talks and pushes property or fraction of
@piscestraits-rule3738
@piscestraits-rule3738 Год назад
what about the Bahamas 🇧🇸 🤔
@FreedomPlaya
@FreedomPlaya Год назад
The Mexican Caribbean esp. Playa del Carmen is an amazing place to live and invest in ☺️💗 We have a dollarized, international rental market that appeals to people from all over the world.
@jaideep1337
@jaideep1337 Год назад
Is this about the guy who made the Linkedin post lol? I think I saw it too
@tommy0814
@tommy0814 Год назад
I bet so 😂
@justingreen8006
@justingreen8006 Год назад
Can you explain or point me to the linked in post?
@jordan082
@jordan082 Год назад
Can you write off the donation?
@lockitdownduck4033
@lockitdownduck4033 Год назад
Basically look at ALL ALTERNATIVES before you jump.
@gen_x_crypto
@gen_x_crypto Год назад
How many languages have you had to learn? I think it does not make senses move some were and not learn the language. Living in another country sounds interesting, but I would only try it for 6 month first.
@begood8874
@begood8874 Год назад
1:36 LoL
@michaelmotz7613
@michaelmotz7613 Год назад
I was reading that with the death of Queen Elizabeth certain common wealth countries like st kitts and Antigua are talking about leaving the common wealth. If the islands leave the common wealth do they loose access to the Schengen area?
@nooralansare358
@nooralansare358 Год назад
Maybe yes
@barrytelesford5265
@barrytelesford5265 Год назад
no
@nooralansare358
@nooralansare358 Год назад
@@barrytelesford5265 Why not note that there are official government statements in this regard?
@barrytelesford5265
@barrytelesford5265 Год назад
@@nooralansare358 as in they wouldnt loose access to schengen. Trinidad is not under the queen and we have access to the Schengen
@barrytelesford5265
@barrytelesford5265 Год назад
@@nooralansare358 no as in they will not lose access to that. there are no governments statements to the contrary. Also its not predicated on the Caribbean islands having the queen as head of state. Trinidad has access and we have been independent republic since 1962
@deirdreniemann4044
@deirdreniemann4044 Год назад
"This RU-vid Influencer thinks..." Lol
@chrislennon3925
@chrislennon3925 Год назад
actually SKitts and Nevis has an escrow program to prevent this - make sure to talk to. qualified professionals as well as duelling RU-vid influences when making your offshore plan. ask for specific examples and data and not just opinions.
@alexinthemiddle4170
@alexinthemiddle4170 Год назад
Be careful of the cyclones there!
@EricLegendary
@EricLegendary Месяц назад
You mean hurricanes, cyclones are found in the Pacific Ocean.
@kriskravt3428
@kriskravt3428 Год назад
Let's say that things get really bad and all those tens of thousands of people decide to escape to their second passport country because who is going to drop bombs on a small island and what other choice do they have if there is war in most major countries. Will be enough properties on those small islands to accommodate them and how much it will cost to rent something. Just look at Georgia rent price is a few times higher as many Russians try to escape there. So maybe it's not a bad idea to actually have your own place there as your home or just to rent
@semzip8558
@semzip8558 Год назад
Better hope that island is self-sustainable 😂
@kriskravt3428
@kriskravt3428 Год назад
@@semzip8558 most are
@semzip8558
@semzip8558 Год назад
@@kriskravt3428 you sure? Energy? Petrol? Goods? Unless you’re living off-grid I seriously doubt it.
@kriskravt3428
@kriskravt3428 Год назад
In times of war you have to forget about good living conditions all you need is water and food and all those islands have it @@semzip8558
@SsheriBaby
@SsheriBaby Год назад
😂
@LuisRodriguez-tm1ld
@LuisRodriguez-tm1ld Год назад
Location location location
@kevinlegion4913
@kevinlegion4913 Год назад
Why all these propaganda about CBI AND Real estate in the Caribbean that's not cool if you know of any point them out . I am an real estate agent in Antigua which is such a beautiful Country and you're here making all these unfair accusations base on your own personal preference and false belief which I think is lacking personal experience to your claims.
@nonameanon9368
@nonameanon9368 Год назад
What about the banking scams in antigua
@HughJass-jv2lt
@HughJass-jv2lt Год назад
🤣🤣 y u bitter?
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