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In previous videos, I discussed five key residency options that I believe are the best due to factors like flexibility, ease of obtaining, and cost. These residencies do not require a government donation or golden visa costs, but there are nominal expenses for accommodation and government applications. The five residencies are in Mexico, Ecuador, Serbia, Albania, and Montenegro. When considering the Americas, Mexico is chosen as one of the best due to its size, access to facilities, and livability. It is more expensive than Ecuador but offers more opportunities for residents.