| Why is Marc Faber wrong on Thailand and Vietnam real estate?
Andrew Henderson responds to Marc Faber’s analysis of emerging market real estate. While Faber makes some excellent points on the US market, some of his claims about Southeast Asia aren’t really the best advice. Andrew loves Vietnam and believes that there could be some great opportunities there, but buying real estate there is probably not a good idea. The truth is that Vietnam real estate market is all but ready to fall apart, but nobody is really talking about it. There are some promising cities like Da Nang, that will be turned into resorts, but aside from that area, there isn’t much investment opportunity in Vietnam. In general, things are massively overpriced at real estate level in this country and the government itself isn’t inspiring a lot of trust. What are Andrew’s thoughts on Thai real estate? Keep watching the video. Subscribe to our channel and stay tuned for more videos and information about second passports, offshore strategy, reducing your taxes and going where you’re treated best. — ABOUT NOMAD CAPITALIST Andrew Henderson travels to nearly 30 countries every year to stay up to date on the latest legal strategies for entrepreneurs and investors to pay less tax, grow their money faster, and build their personal freedom. Andrew started Nomad Capitalist to help people like you follow his five magic words: “go where you’re treated best”. He has personally started foreign companies, opened offshore bank accounts, and obtained multiple second passports. He also learned the hard way that perpetual information seeking is often the biggest barrier to getting the results you want. Many entrepreneurs spend months and even years constantly researching how to pay less in tax or live overseas, but are afraid to make the jump. As a result, they get stuck and keep paying a fortune in taxes and never get the lifestyle they deserve. Nomad Capitalist’s Youtube channel is based on Andrew’s vision that focusing on the end result, rather than the latest shiny object, is the best way to actually obtain the benefits of the Nomad Capitalist lifestyle. About Andrew: http://www.nomadcapitalist.com/about/ |
Tags:
