@JakeNomada
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12+ years living in Latin America. From abject degenerate to father of 3. Musings on the realities of living in LatAm for sovereign individuals and families 🌎
Latin America
Joined June 2016
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In the USA 🇺🇸 $50K basically gets you a used Chevy Tahoe these days
In 11 Latin American cities, it still buys you a brand new apartment
In one of the *BEST* areas of the city
TE LO JURO
Live this month, from the portals locals use:
→ 75 m² 2BR, two balconies — $62,000
→ 33 m² on the water, river in every window — from $44,500
→ Furnished 71 m² 2BR, sea-view balcony, Caribbean island — $56,000
→ New studio, pool + gym, capital financial district — from $66,000
Those are 4 of 33 listings in the new @investlatamX guide
Two cities in full below, with links
The other 9, the maps, and my absolute favorites of the bunch are in the free guide — link in the first reply
1/🧵
These comments are always funny to me...
Because I wouldn't really care if someone said something accurate, but slightly negative about the USA:
- It's just so expensive
- Most cities are not really walkable
- Felt like I spent way too much time in my car there
- Culturally, I didn't like x,y,z
Everyone has opinions on the USA worldwide
Whatever, if it's accurate and fair, do NOT care whatsoever
But man, some of these commie Latinos really get uptight about similar style shit
GOT DAMN @andyyy
Landing CZ happened over the last 24 hours, with pretty much no time to prep.
I was the best man at my best friend's wedding in North Carolina this weekend. Last night I got the text that he was in town and that he wanted to speak with us while he was in town...
So, I changed my flight to 6am this morning to be in NYC as early as possible. Dealt with a ton of airport delays and traffic to get to the event that CZ was speaking at with just 30 mins left.
I was sweating in a half jog with my suitcases to the event to make it in time. When I arrived, I had the chance for 5-10 mins and the rest is history.
His team mentioned to me that he wanted to come back on at some point in the near future for a full podcast interview, so stay tuned for that and enjoy the short convo below!
Let's keep winning fam.
I almost didn't make this video...
While the numbers are so good it feels borderline illegal, they're not even the interesting part
The interesting part?
It's about why people come to Medellín for a week and never leave, like Danny who has been to 300+ cities and picked this one for good
Full video below from Medellín 🇨🇴 👇
HARD TO DISAGREE
Unless you have good conversational Spanish, vast experience traveling around Latin America, and a decent bankroll...
Venezuela is going to be rough, especially for gringos "fresh off the boat"
On the flip-side...
Venezuela 🇻🇪 felt like an adventure, like there was something to explore
And it's been years since I've felt that, the adrenaline from going somewhere that didn't feel eerily similar to so many other places
🇻🇪 VENEZUELA 🇻🇪
Real quick...
This is NOT cheap country
Yachts outside, blackouts inside
And a 13% gap between two exchange rates that most cost-of-living posts ignore
If you're on a tight budget, you're far better off in Bolivia 🇧🇴 or Ecuador 🇪🇨 or Paraguay 🇵🇾
🇵🇦 PANAMA 🇵🇦
If the 7.7 earthquake scares you off Panama, you took the wrong lesson from it
The lesson is this...
What other capital city in Latin America gets hit with a monster 'quake and barely flinches?!
PTY stood *more* than strong and the building code functioned as it should have
900+ aftershocks in, that's what I'd tell anyone considering moving here
Jake Nomada 🌎 retweeted
Brazil 🇧🇷 is in Venezuela 🇻🇪 2015 territory: A majority right congress with a leftist executive and judicial supermajority
They will either remove the opposition like they already did with Deltan previously or simply overrule them with judicial decisions
Pray for us
Even after 12+ years living in Latin America, Brazil 🇧🇷 never ceases to amaze…
The brazen corruption, and the sheer scale of it, is truly mind-blowing 🤯
Almost impressive tbh
Lula’s personal attorney, now a judge in Brazil, appears to be presiding over the open rigging of Brazil’s election today.
According to Brazilian observers, the corrupt judge waited until pro-Bolsonaro precincts had closed their polls and then said only polls still open—most of which were pro-Lula—could remain open.
Jake Nomada 🌎 retweeted
Here's a guy closing $500k deals in Colombia🇨🇴 barrios.
Be a degenerate. Move with your last bit of savings.
(I would never. But y'all can🙏🏿)
🇻🇪 ISLA MARGARITA, VENEZUELA 🇻🇪
What a lot costs in CryptoCity, the private city being built in Venezuela
→ 5 price zones, $150 per m² standard, $200 second row, $175 terrace, $300 beach and mountain, $400 on the marina
→ Lots from 500 m² to 2,000 m²
→ Cheapest lot $75,000, most expensive on the marina $700,000
Full breakdown below 👇
ABSOLUTE LEGEND
Everybody give a big congratulations to the undisputed twitter goat of ALL time the big Schmidt dog @SCHM7DT getting all wedded up
I know so many who would not be where they are including me if not for this legend
we’re running it even harder tonight kid get ready
Another ☝️
And so it begins. Week one of the MASSIVE renovation of my special PH property in Palermo Hollywood. The start of the $400,000 USD renovation of my property.
I will document the entire journey of creating the most luxurious collection of PH's in Buenos Aires.
Welcome to the PH Collection by Limitless
The man @BuySellBA is damn good at what he does...
🇦🇷Everyone told us we were crazy in Argentina
A 114-year-old landmark in Recoleta, abandoned for decades, gutted to the brick, and deemed an impossible money pit by every investor who walked through the doors.
Millions upon millions of dollars later, we didn't just save it—we brought it back to life.
True architectural restoration isn’t for the faint of heart, but restoring history always pays off.
Here’s what it looked like before the magic happened: 🧵👇
This is GREAT advice
I did the exact opposite and it turned out pretty damn well, but there were definitely some moments where I questioned my sanity along the way
I don't get all the hate flying around LatAm X right now
Grown men fighting over which city, country, residency, etc. is "better" like there's one answer for everybody
Any man with half a backbone doesn't give two shits what some anon on here thinks and isn't letting one decide where he lives
But the wild part is the lack of nuance
The right city for a 25-year-old single guy is probably the wrong city for retirees, couples, or a dad of 3
Of course CDMX 🇲🇽 is a better overall city than Santa Cruz de la Sierra 🇧🇴
It's also 3-4X more expensive for the same lifestyle
Pick the one that fits your life and let the anons yell at each other
See below if you need clarity...
SCZ 🇧🇴 w/ max budget $662 = 12 apartments in absolutely best area with ac, wifi, washer, gym, pool, etc.
CDMX 🇲🇽 w/ max budget $5,218 = 12 apartments in absolutely best area with ac, wifi, washer, gym, pool, etc.
Oil deals and talks with the interim government already have money moving toward Venezuela 🇻🇪
Now Trump is calling it a "pretty good" real estate deal
The question for potential investors is what happens to their property if the politics shift…
And absolutely NOBODY has a good answer to that as of right now