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Advantages/Disadvantages of living in certain countries

Discussion in 'BlackHat Lounge' started by SH-M, Sep 2, 2016.

  1. SH-M

    SH-M Jr. VIP Jr. VIP

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    Precious community of BHW,

    What do you think or consider to be the advantages and disadvantages of living in certain countries (developed and developing, namely first, second and third world countries) regarding IM and in overall.

    For instance, the unemployment benefit in a country like Ireland (188 euros per week) would be a dream salary for a third world country average person.

    This question can be answered best by those that are living in a first world country and would want to do something that can be done better in a third world country and vice versa. This could be a general topic and not only aimed for IM or business.

    Would like to know what you all think on this.
     
  2. stack paper

    stack paper Jr. VIP Jr. VIP

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    Moved to Thailand from Los Scandalous, best decision I ever made.
     
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  3. Pham Mart

    Pham Mart Newbie

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    I moved from LA to Vietnam. The US dollar.is worth 3 times more in Vietnam than the USA. Like Stack Paper it was a super great business decision.
     
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  4. Capo Dei Capi

    Capo Dei Capi BANNED BANNED

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    What can really be done better in a 3rd world country over 1st and 2nd world areas? The infrastructure is going to suck, internet will suck and business networking is going to be a fraction of what it can be in the 1st world. Some may have lower taxes, but you can always do tax planning in the 1st and 2nd world.
     
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  5. SH-M

    SH-M Jr. VIP Jr. VIP

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    Cost of living perhaps? Organic food that is cheap? 30 euros per night apartment for a family of 4, 50 metres from the beach?
     
  6. DiMaster

    DiMaster Registered Member

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    How do you determine 2 and 3 world countries?

    Anyway this determination is not eligible for classifying i think) sure there are lots of 3rd world countries that fit much better for most personal request. Lower taxes and cheaper living can be a big plus especially for IM professional. For al other people it's just a circumstance.
    I find that "safeness" is one of main problems for 3rd world. You can be rich but if a goverment and justice system broken all your money and life in a big danger there.
     
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  7. CRT

    CRT BANNED BANNED

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    1st world:
    Easy transportation, sanitation, entertainment, higher paying jobs. However cost of living and taxes can be pretty ridiculous in some places.

    2nd world:
    Lower cost of living, however you sacrifice some of the pay and public services.

    3rd world:
    Hard life here. Internet is sometimes nonexistent, crime is high, lack of food, etc.

    However if you move here with a 3k a month salary you'll be one of the richest people there.
     
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  8. SH-M

    SH-M Jr. VIP Jr. VIP

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    That's an interesting perspective. True that the law is more fragile in the third world countries. As for the classifying, you can google that, even though I think that a lot of second world countries (Kazakhstan for instance, it is considered a 2nd world) is in fact a third world country. I've had the opportunity to talk to a lot of Kazakhstan students while on a summer camp during bachelor studies and they have all the issues of a third world country, similar mentality also.
     
  9. SH-M

    SH-M Jr. VIP Jr. VIP

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    Would you consider Ukraine as a second or third world country? I was quite shocked when I saw their average wage per person... I guess I overestimated their economy.
     
  10. Capo Dei Capi

    Capo Dei Capi BANNED BANNED

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    Lower cost of living isn't worth cutting away resources of making money, they would be good for a cheap summer holiday place though.
     
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  11. CRT

    CRT BANNED BANNED

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    2nd. I'm my opinion most countries are 2nd world besides those that are dirt poor (uganda, Haiti, etc). Ukraine has a decent infastructure in place.
     
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  12. CrystalLNixon

    CrystalLNixon Newbie

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    I lives in Denmark and like to know for IM what's best country?
     
  13. DiMaster

    DiMaster Registered Member

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    If saying "3rd world" means a place with no government and social benefits or control than each 1st world country has regions that can be determined the same) And this egions can even be bigger than some 3rd world countries
     
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  14. Heiko

    Heiko Jr. VIP Jr. VIP

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    A big disadvantage in Germany are for sure the taxes..
     
  15. Cryogenesis

    Cryogenesis Jr. VIP Jr. VIP

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    I'm gonna have to disagree on that. I live in India. The city I live in, the infrastructure is really good. The rent alone is $500. Better than most cities here. The internet is pretty good too. I have a 50MBps connection which is actually the best a consumer can get in the country. I live in like the IT-city of India so it makes things better. As much as I want to move to the States, I wanna be here. Why? The currency exchange rates. The Dollar is 65 times our local currency. So even if you make $20/day, you can live comfortably here. Imagine how you get to live when you're making $200-500/day. I know how people tend to think of India, it's actually the complete opposite. Shit is expensive here, relatively.

    You see? It all comes down to how you wanna live. :)
     
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  16. CRT

    CRT BANNED BANNED

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    You obviously haven't lived in California before. The government essentially takes 40% of your wage through income and housing taxes, no to mention the 9.8% sales tax on everything you buy.
     
  17. SH-M

    SH-M Jr. VIP Jr. VIP

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    At least you have the sunny weather :p
     
  18. Capo Dei Capi

    Capo Dei Capi BANNED BANNED

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    Thats why you do tax planning, even a cali based company can lower your taxes if you are paying yourself via reimbursements.
     
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  19. CRT

    CRT BANNED BANNED

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    Well the government "claims" it will be reimbursed via social security but everyone knows social security won't last for much longer
     
  20. SH-M

    SH-M Jr. VIP Jr. VIP

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    I guess it should've been better to have DEVELOPED and DEVELOPING countries as reference. Some countries that I've been to and are considered second world, I'd rate them as third world without a second thought. So both 2nd and 3rd world countries can be better described with the word DEVELOPING. Some are a bit further in the process, some less, but they are all developing.