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The speaker discusses five key residencies - Mexico, Ecuador, Serbia, Albania, and Montenegro - that are considered the best based on factors like flexibility and cost. These residencies are free of government donations or golden visa costs, though there may be other minor expenses like accommodation and government application fees. Mexico and Ecuador are highlighted as the top choices due to their larger size and better access to facilities. Mexico, in particular, is noted for being more expensive but offering a good living experience.
