I'm European.

I recently visited San Francisco and what I saw left me stunned.

Spent my whole life hearing about this city like it was mythical.

But the reality there is...complicated.

Here's the raw truth about San Francisco in 2025:

(An Italian’s perspective) My take:

San Francisco is where America's contradictions concentrate into a brilliant, chaotic mess.

But it's also where the future literally gets built.

After 5 days back here...

8 raw takes on why it's either humanity's greatest opportunity or its strangest experiment:

I'm Italian.

Born in Rome, lived in Dubai for 4 years, built businesses across 3 continents.

You don't realize what you have until you leave it.

Here's the raw truth about Italy in 2025 - the magic, the dysfunction, and why it might be exactly what you need: My honest take:

Italy is where all of Europe's problems concentrate into a majestic, chaotic mess.

But it's also the most beautiful country ever built by human civilization.

2,000+ years of history. Irreplicable.

6 reasons why Italy in 2025 is either your dream or nightmare:

This is Czechia:

- 0% wealth tax
- Up to 50% cheaper than Western Europe
- Birthplace of Trezor wallets & first Bitcoin café

Previously socialist, it's now one of the most libertarian societies in the EU.

Here are 8 reasons why the Czech Republic should be on your radar: First, some context…

Czechia has a fascinating history spanning:

- Medieval Kingdom of Bohemia
- Industrial heart of Austro-Hungarian Empire
- 1989 Velvet Revolution peacefully overthrowing communism

It's become a quietly thriving country that chooses freedom over conformity.

The wealthy don't protest. They exit.

10,800 millionaires left the UK in 2024 - a 157% surge from 2023.

But if you’re leaving and want to match London's infrastructure and have a European lifestyle...

Where do you go?

Here's my realistic list of alternatives in 2025: I've been commenting on this exodus for months…

The UK punished success.

- Non-dom status? Gone from April.
- Capital gains jumped from 20% to 24% overnight.
- Someone earning £5M abroad now pays £2.25M+ in UK taxes.

The impact?..

This is Uruguay:

- 0% tax on foreign income for 11 years
- Permanent residency in just 2 years
- Less corrupt than the US

One of the most underrated countries in the world.

Here are 11 reasons the "Switzerland of South America" is a hidden gem: First, some context!

Uruguay is South America’s 2nd smallest country but has a rich history spanning from:

- The indigenous Charrúa peoples
- Spanish conquests
- Declaration of independence from Brazil in 1825

Since then, it has become a quietly thriving country.
(Great overview here by Mr History)

The rise and fall of Australia:

- One of the world’s richest countries in natural resources
- Biggest household income drop (2024)
- Sydney: 2nd most expensive city globally

From the “Lucky Country” to alarming trends.

Here's a breakdown of what’s happening there and why: Australia was dubbed "the Lucky Country" in 1964, but as a warning.

Author Donald Horne criticized relying on luck:

- Vast resources, minimal innovation
- Geographic isolation from conflict
- "Australia lives on other people's ideas."

But what happens when luck runs out?

This is Singapore vs Dubai:

- Singapore: The billionaire's hub (in flip-flops)
- Dubai: The tax-free oasis (in Lamborghinis)
- Two paths to freedom

I spent 4 years in Dubai, incorporated 2 businesses in Singapore.

Here's my breakdown of who should choose which city (and why): First, a quick background comparison:

🇸🇬 Singapore: Small trading port to global financial hub in decades. Now manages $2T+ in assets.

🇦🇪 Dubai: Humble port town to metropolis in 50 years. Sheikh's vision of a tax-free haven brought to life.

Both have seen incredible rapid growth.

Just landed back in Lisbon from Dubai.

Some cities are for retiring.
Others are built for hyper-growth.

Finding both?
Nearly impossible.

Here are my raw notes from Dubai ’25: 1. 1. Dubai is FAST.

Like, seriously fast.
Deals close in 24h.
Investors commit before you finish the pitch.

Being back after a while, I was reminded of the sheer speed…

This is Taiwan:

- 0% tax on foreign income
- Digital Nomad Visa launched in 2025
- Cost of living ~60% lower than Singapore

It's one of the safest and freest countries in the world.

Here are 7 reasons why “the beautiful island" should be on your radar: First some history:

- Dutch and Spanish colonization in the 1600s
- Qing Dynasty rule (1683-1895)
- Japanese occupation (1895-1945)
- ROC government relocation in 1949

Understandable why it was named Ilha Formosa ("beautiful island"). Mr. History breaks down the early history:

I'm European.

For 30 years, I've lived in various countries across the continent.

I get asked daily:

"Where should I actually move to in Europe?"

Here's a realistic list of countries I'd consider moving to in 2025 and why:🧵 The European reality:

North = Economic engine, efficient systems, but boring and cold

South = Weather, food, quality of life

The Southern lifestyle is THE European dream everyone knows.

Let’s dive into the best options and some other hidden opportunities 👇

🚨 It's official: UK millionaires are fleeing in record numbers.

In 2024, the UK ranked second only to China in wealth exodus – ahead of even India.

But where exactly are these millionaires going and why?

Here's what the data shows (and what it means for the future of global wealth):🧵 The Henley Private Wealth Migration Report confirms it:

UK is hemorrhaging high-net-worth individuals at an accelerating rate – one of the largest outflows of high-net-worth individuals in the world.

And 2025 projections? Even worse.

This isn't slowing down anytime soon.

This is Puerto Rico:

- 0% U.S. federal income tax
- 0% tax on passive income (w/ right setup)
- Tropical paradise 2.5 hours from Miami

It is THE tax haven option for U.S. citizens – but is there a catch?

Here’s what you need to know and why Puerto Rico deserves your attention: First, some context on Puerto Rico's fascinating history:

- Pre-1493 → Indigenous Taíno civilization
- 1493-1898 → Spanish colony (discovered on Columbus’ 2nd voyage)
- 1898 - 1952 → US territory, after Spanish-American War

But why isn’t it a US state? History Matters breaks it down well:

This is Malaysia vs. Indonesia:

- Malaysia: Tax-friendly, SE Asian hidden gem
- Indonesia: Tropical paradise, more than just Bali
- Two SE Asian hotspots...

One is a digital nomad hub, the other is still underrated.

Here's what you need to know and which you should choose🧵: Some background:

🇲🇾 Malaysia:

Once a British colony, Malaysia has evolved into one of the easiest places to do business in Asia, ranked #12 globally.

🇮🇩 Indonesia:

Home to the world’s 4th largest population, driving rapid economic expansion and emerging markets.

This is Malta:

- 0% tax on foreign income (non-dom residents)
- EU citizenship in just 1 year (cost: €1 MILLION+)
- 10th smallest country in the world

It has one of THE strongest passports you can buy.

7 reasons why "The Jewel of the Mediterranean" should be on your radar:🧵 First, some background on Malta's incredible history:

Spanning 7,000+ years, the country has some of the oldest temples in the world, pre-dating the pyramids.

Ruled by:

- Phoenicians
- Romans
- Arabs
- British

To say it has a vast cultural imprint is an understatement.

Everyone wants 0% tax.

Ok, imagine Trump ends Federal Income Tax in the US…

What changes? How would this impact you today?

As a European, I didn't know how this could work so I did some research.

Here's a breakdown of everything I discovered:🧵 First, let's understand what we're talking about, in the US:

Federal income tax = $2.5 trillion annually
Current tariffs = just $80 billion

Historically, before 1913, tariffs funded the much smaller government.

Today's massive federal budget makes this model seemingly challenging.

In 2025, the ultra-wealthy don't just collect houses.

They collect passports.

For years, the top 1% have quietly accumulated citizenships like others collect real estate.

Here are my top 5 Citizenship by Investment programs of 2025:

(And why passports are the most underrated asset class) Governments are now competing for wealthy citizens, offering unprecedented tax benefits to attract capital and talent.

Millionaires are leaving countries by the thousands.

But where are they going and how are they relocating?

The equation is simple:

This is Dubai in 2025:

- 0% personal income tax (still true)
- 9% corporate tax (new reality)
- The tax-free paradise is changing…

I lived there for 4 years and have insider updates.

Here's the truth about Dubai's evolving tax situation that is being overlooked:🧵 First, let's address what everyone's asking:

Yes, for individuals, the 0% income tax dream is STILL ALIVE.

But for businesses?

The landscape has dramatically shifted since June 2023.

Here's what you need to know if you're considering Dubai in your freedom strategy:

This is Mauritius:

- 0% tax on foreign income
- Ranked #1 in Africa for business
- #4 GLOBALLY in millionaire growth rate

Few know about this hidden tax haven – a huge missed opportunity?

Here are 7 reasons why this tropical paradise deserves your attention🧵: Mauritius was actually an uninhabited island before colonization by several nations:

- The Dutch named it after Prince Maurice of Nassau
- The French transformed it into a sugarcane hub
- The British expanded its agriculture and plantation economy

It eventually became a Republic in 1992.

This is Singapore vs Hong Kong:

- Singapore: Meritocratic business haven
- Hong Kong: Finance hub with China edge
- But the tides are turning…

MANY are rethinking their base in Asia…why?

Here's what you need to know and which you should choose🧵: Some background:

🇸🇬 Singapore:
Incredible transformation to global financial powerhouse in one generation.
Now manages over $2T in assets.

🇹🇭 Hong Kong:
Gateway to China for decades.
Unique "one country, two systems" model.

This is Panama:

- 0% tax on foreign income
- IMMEDIATE permanent residency option
- Ranked #1 for expat satisfaction in 2024

There’s a LOT of buzz around Panama and for good reason.

Here are 7 reasons why the “the melting pot” needs to be on your radar🧵: Panama has been a strategic crossroads for centuries:

- 1821: Gains independence from Spain, then joins Colombia
- 1903: Declares independence with U.S. support
- 1999: Takes full control of the Panama Canal

Undeniably it is a nation built on resilience:

This is Serbia:

- Proposed fast-track citizenship in 1 year
- Over 2B in foreign investment yearly
- 3.9% GDP growth in 2024, outpacing many EU countries

MANY are investing in Serbia despite it not being part of the EU – why?

Here are 7 reasons why “Rascia” is underrated🧵: First, let’s talk about the shifts Serbia has made:

- New government led by PM Miloš Vučević (May 2024)
- GDP expected to hit $88.63B in 2025
- Balancing ties between the EU, Russia & China

EU membership? Still in negotiation: