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Where in the world would you trade? Relocating or pursuing a semi-nomadic lifestyle.


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Where in the world would you trade? Relocating or pursuing a semi-nomadic lifestyle.

  #21 (permalink)
Howard Roark
Oslo Norway
 
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xplor79 View Post
Hi there,
I live here in Argentina (for now).
It has a lot of good things: the capital city is beautiful, the weather is quite good, no earthquakes or tsunamis.... and yes, the time-zone factor.
But we do have a quite unstable economy. Right now is a good moment to come here and live with foreign currency (it was quite expensive a few years ago). And we have elections in the months ahead (and it's not looking good...)

Feel free to ask me anything.
Cheers!

Interesting.

Are you a local resident or a foreigner living there?

What would an approximate budget be for a month of living expenses?

Thanks.

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  #22 (permalink)
Howard Roark
Oslo Norway
 
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gedward3 View Post
Im living in Malaysia but not trading but have a job.

Kuala Lumpur is a great city with great internet speeds. You can find apartments for USD400 per month and the food is dirt cheap and good. Health insurance costs US2-300 per year for 1 person i pay US1000 for a family and all the doctors are educated in the US, Canada or the UK. Great place to live. People mention Thailand but thats gone expensive with the strong Bhat and with all the digital nomads that have moved there. Plus every Thai sees you as someone they will rip you off from Farang prices to cab drivers and landlords. Pretty much anyone sees you as fair game. Plus its busy as hell and when its burning season say goodbye to your lungs and clean air.

Ged

Sounds good.

Are you a local resident or foreigner living there?

Definitely sounds like something to consider. Thanks.

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  #23 (permalink)
Howard Roark
Oslo Norway
 
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SMCJB View Post
I think you will find that places like Florida (and Texas) are cheap compared to Western Europe (and NY, the Northeast and California) and are still highly developed western countries and have extremely favorable tax environments.
The two big problems with the US are
a) Visa
b) Medical Insurance/Coverage

Thanks for the heads up. Any specific places to look for in those states?

I will probably stay on a 3 month tourist visum regardless of where I go. Should I want to stay longer - I suppose I can just travel out of the country and back in.

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  #24 (permalink)
Howard Roark
Oslo Norway
 
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artemiso View Post
Personally I felt trading the European session from Tokyo gave me the most daylight, meaningful things to do during the day, and quality of life. U.S. east coast is OK but you get cooped up at your desk through most part of the daylight and the quality of life is pretty bad in most parts of the U.S.

Hong Kong and Singapore have the same time zone advantage as Tokyo, great tax rates, food and quality of life, but housing is expensive there. They would be in my 2nd favorite tier.

For a good deal, if most of your income is in EUR or USD, then Riga and Lisbon all have decent infrastructure and quality of life. Krakow can be even cheaper but the air pollution is like Beijing. Zurich, Moscow and St Petersburg are similar if not slightly better in things to do except more expensive. These are all probably in my 3rd tier.

I'd also consider Amsterdam and Shanghai.

Nice!

Maybe it's because I never been there, but Tokyo strikes me as a place I'd love to visit, but less certain if I'd like to stay there long term? Also - isn't it quite expensive?

With time zone - doesn't US session mean trading during the night?

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  #25 (permalink)
Howard Roark
Oslo Norway
 
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I need to start looking into this seriously now. I managed to extend my lease where I currently live, but it's a short resignation period so that's not a problem. I am in a long term relationship now, so that's blocking my plans a bit. But I'm considering doing it anyway.

I've been a lot to Spain and always felt at home there. So I'm considering looking into that. Either the mainland or even Gran Canaria or some of the other islands.

Anyone have any input there?

Lately, I'm also hearing good things about Budapest.

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  #26 (permalink)
 xplor79 
Buenos Aires, Argentina
 
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Howard Roark View Post
Interesting.

Are you a local resident or a foreigner living there?

What would an approximate budget be for a month of living expenses?

Thanks.

Hi!
I´m a local resident.
Of course it depends on your lifestyle, but I would say that you can have a pretty decent one with 1.000/1.200 USD per month.

Let me know if you have any other question!

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  #27 (permalink)
 
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 SMCJB 
Houston TX
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artemiso View Post
Zurich

I have no experience with the other cities you mentioned but Zurich is gorgeous but expensive!

SMCJB View Post
I think you will find that places like Florida (and Texas) are cheap compared to Western Europe (and NY, the Northeast and California) and are still highly developed western countries and have extremely favorable tax environments.
The two big problems with the US are
a) Visa
b) Medical Insurance/Coverage


Howard Roark View Post
Thanks for the heads up. Any specific places to look for in those states?

I will probably stay on a 3 month tourist visum regardless of where I go. Should I want to stay longer - I suppose I can just travel out of the country and back in.

The leaving and re-entering thing is completely legal and I know people who have done it although not in the last several years, so they have changed their attitudes recently. Florida and Texas are big states with very different options. Houston for example is the 4th largest city in the US, is very international, very diverse and pretty progressive. It's great in the winter, but the summer climate is oppressive! Also you can't do anything without a car. If your a big city person you'd probably like it, if your not though you'd probably hate it. You don't have to go far outside the city though before you start seeing gun racks on pick up trucks and meeting a very different cross section or people. It all depends what you are looking for.

Howard Roark
I am in a long term relationship now, so that's blocking my plans a bit.

Ahhh yes it probably is! For what it's worth I ended up in Houston (from London) because of a long term (long distance) relationship!

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  #28 (permalink)
 artemiso 
New York, NY
 
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Howard Roark View Post
Maybe it's because I never been there, but Tokyo strikes me as a place I'd love to visit, but less certain if I'd like to stay there long term? Also - isn't it quite expensive?

I consider the Tokyo Midtown complex to be the best place to live in the city. Monthly rent for a 1 BR in that complex is about 5.3k EUR.

By comparison, I consider One57, Columbus Circle and Hudson Yards to be the best spots in NYC depending on where you spend most of your time, but these three are about 6.8-9.8k EUR for about the same floor area.

Assuming linearity, I'd say the cost of living in Tokyo is about 63% of NYC.

You can have 2x better food in Tokyo daily for 1/4 the budget in NYC.


Howard Roark View Post
With time zone - doesn't US session mean trading during the night?

Yes, you'll have more of a life trading European session (e.g. spot FX) from Asia.


Howard Roark View Post
Lately, I'm also hearing good things about Budapest.

What would be your language of choice in Budapest? Among all of the European countries I've been to, Bulgaria, Hungary, Italy and (a little better) Estonia were the most difficult to integrate into as an English speaker, in improving order.

This doesn't seem to have anything to do with the percentage of population who can speak a 2nd language. Portugal and Lithuania have a low penetration of English speakers but the locals there are incredibly welcoming to outsiders.


SMCJB View Post
I have no experience with the other cities you mentioned but Zurich is gorgeous but expensive!

Agreed.

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  #29 (permalink)
Howard Roark
Oslo Norway
 
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SMCJB View Post
Ahhh yes it probably is! For what it's worth I ended up in Houston (from London) because of a long term (long distance) relationship!

Tends to work that way, I guess. : )

I have a long term girlfriend here in Oslo and she's tied to this city for a while now. Being able to relocate was part of my motivation to become a trader and now that I can, I'm suddenly tied down. But I'm considering doing it anyway...

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  #30 (permalink)
Howard Roark
Oslo Norway
 
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artemiso View Post
I consider the Tokyo Midtown complex to be the best place to live in the city. Monthly rent for a 1 BR in that complex is about 5.3k EUR.

By comparison, I consider One57, Columbus Circle and Hudson Yards to be the best spots in NYC depending on where you spend most of your time, but these three are about 6.8-9.8k EUR for about the same floor area.

Assuming linearity, I'd say the cost of living in Tokyo is about 63% of NYC.

You can have 2x better food in Tokyo daily for 1/4 the budget in NYC.

In other words - fairly expensive?



artemiso View Post
What would be your language of choice in Budapest? Among all of the European countries I've been to, Bulgaria, Hungary, Italy and (a little better) Estonia were the most difficult to integrate into as an English speaker, in improving order.

This doesn't seem to have anything to do with the percentage of population who can speak a 2nd language. Portugal and Lithuania have a low penetration of English speakers but the locals there are incredibly welcoming to outsiders.

Agreed.

English?

Seems like you've been around a bit. If I were to learn a new language - I'm most motivated to learn Spanish or Italian. For Eastern Europe, I was hoping I could get by on English. But as you suggest, I've heard it can be challenging. In fact, it's a big challenge in certain parts of Spain as well (typically once you stray off the tourist tracks).

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Last Updated on June 3, 2019


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