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Settling vs Nomading: Which Lifestyle Truly Wins?

yngmind

Mentor Group Lifetime
Apr 26, 2020
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Most of us here on the forum have probably wondered about this at some point—what’s better, settling down or living a nomadic lifestyle?

Being a nomad seems cool because you can visit lots of countries and be there at the best time of the year. You can avoid the high-tax obligations but still live in those countries for a few months, enjoy the best they have to offer, and pay no taxes.

On the other hand, settling down gives you a place to call home, set up a proper workspace, and maybe feel more grounded.

It's hard to find one country to settle down in nowadays, so I personally prefer being a nomad. You can get the best from all the countries, but it does come with some sacrifices.

What do you think is better and why?
 
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I lived in Dubai for three years and considered going back and signing an annual contract, but honestly, life is way more fun as a nomad.

You’d have to escape Dubai during the summer heat while still paying exorbitant rent.

Essentially, you're paying for nine months of use in your apartment, which makes it quite expensive. A decent place would probably cost around $5k a month when you account for that. The air quality is also pretty bad, which can take a toll on your health—and that’s something money can’t replace.
 
Ok. Thanks. I am in!

Are they homeschooling them?
Yes, they are on online education.
 
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