The WORST Residency and Citizenship Traps Exposed

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  • čas přidán 13. 09. 2024

Komentáře • 34

  • @HoDLum
    @HoDLum Před měsícem +4

    Heh I noticed the dig at Andrew at 13:50 :)

  • @TouroUrso
    @TouroUrso Před měsícem +3

    There is a backdoor for Americans to get dual citizenship with Spain... can American can move to Puerto Rico and live there for 1 year. After one year, the American can get a Puerto Rican citizenship certificate. Once this is obtained, the American can move to Spain, put in the 2 years, then get Spanish citizenship without having to renounce American citizenship.

    • @0matters
      @0matters Před měsícem +5

      i believe the fast track only applies to "natural born citizens" of countries with that special Treaty with Spain

    • @enghhb
      @enghhb Před měsícem +2

      Only applies to natural born

    • @Ryan-ul7dy
      @Ryan-ul7dy Před měsícem +1

      As other commentors mention, it's a birth requirement, not citizenship

    • @Murmilone
      @Murmilone Před měsícem

      @@Ryan-ul7dy citizenship by birth requirement. It doesn't apply to those who were born there but did not receive citizenship by birth for any reason (e.g. born to a diplomat)

  • @ruiqiu866
    @ruiqiu866 Před měsícem +3

    Correct- I was an NC client (sad to say) and this is EXACTLY what I told Andrew . He asked what I wanted Freedom FROM. I said WAR. Andrew ignored this, suggested Georgia, Israel, Turkey- I have a 16 year old son. Andrew said "there are ways..." as IF I would risk my son's life!

    • @NomadElite
      @NomadElite  Před 26 dny

      Nomad Elite never promoted Georgia or Armenia, and we did not make a single dollar from selling Caribbean CBI programs. That's how we're different from the big guy.

    • @kippsguitar6539
      @kippsguitar6539 Před 20 dny

      That's a bit far fetched saying he suggested you moved to in Israel, !!! Come on that's unfair and can't be genuine

  • @JingJao
    @JingJao Před měsícem +2

    Good video. Didn't know that Philippines has the 2 year Spain naturalization thing. Maybe I'll tell my wife that we're moving to Spain

    • @NomadElite
      @NomadElite  Před měsícem

      Thank you!

    • @kippsguitar6539
      @kippsguitar6539 Před 20 dny

      Not if you have any money!!!!

    • @ramonechevarria7296
      @ramonechevarria7296 Před 15 dny

      My understanding is that the Beckham Law prevents you from paying taxes from interest gained (from foreign stocks) even if you are a tax resident of Spain, for the first 5/6 years. Ideally, if you come from a country with a 2 year option, you can apply afterwards and get citizenship just in time for the 5 year period to end.

  • @chrisbunka
    @chrisbunka Před měsícem +2

    I can tell you (and you probably already know) that Paraguay will side with Taiwan if a cross-straits war breaks out. Although I would not fear being rounded up by the current Japanese government if war breaks out, I would fear possible attacks from enemies of Japan in the region. Japan is one of those countries in Asia where it is hard to get citizenship but is possible for non-Japanese. For me, it will be interesting to see what side Brazil would come down on in the event of a war. It may be the mainland because China is its biggest trading partner.

    • @NomadElite
      @NomadElite  Před měsícem +4

      Paraguay recognizes Taiwan's independence!

    • @JingJao
      @JingJao Před měsícem

      Japan forces you to renounce your original citizenship. So it is not advisable to move there. Also the tax there is too high.
      You're better off choosing a different country. I choose to live in China.

  • @TouroUrso
    @TouroUrso Před měsícem +3

    I don't consider the Philippines SRRV or SIRV visas real permanent residency permits. With each, one must renew with the BOI every year. And must be present to renew. I am investigating if the new FIV investor visa has the same renewal requirements as the SIRV.

    • @NomadElite
      @NomadElite  Před měsícem +1

      It's more of an annual fee you have to pay, not much else to do!

    • @dovoso5685
      @dovoso5685 Před měsícem

      @@NomadElite Question with SRRV, can you keep it if you do NOT reside in the country. Meaning - some of my friends are interested in good Paper-Residency type visas, and I do mean those Golden visas where you buy houses for 500K+ or South Africa , any ideas ?

  • @Rosefitness38
    @Rosefitness38 Před měsícem +5

    A foreigner will never become a citizen of the Philippines. " you need to change your blood" lawyer says..
    So.. be carefull about everything you read connected to citizenship on the internet, especially with Asian countries.

  • @sinbrega3616
    @sinbrega3616 Před měsícem +1

    In Spain we don’t have special citizenship rights for nationals of “Latin” countries (France, Italy, Romania…), but for nationals of HISPANIC countries (Mexico, Philippines, Equatorial Guinea…).

    • @yeyuehuayyh
      @yeyuehuayyh Před měsícem

      Well, the Philippines isn’t a genetically or linguistically Hispanic country either.

    • @NomadElite
      @NomadElite  Před měsícem +2

      I was referring to LATAM!

    • @kippsguitar6539
      @kippsguitar6539 Před 20 dny

      ​@@yeyuehuayyhyou are misinformed, the Philippines is very much a former Spanish colony with very deep blood connections and Spanish names although the Spanish language has well and truly gone now

    • @ramonechevarria7296
      @ramonechevarria7296 Před 15 dny

      This also applies to Portugal and its colonies like Brazil. Iberian (nations and former colonies of) is the keyword. Sephardim are also included.

  • @kippsguitar6539
    @kippsguitar6539 Před 20 dny

    This is true on Malaysia and additionally I wouldn't trust any South east Asian government to be honourable , generally its just not in their culture to do foreigners any favours or act with ethics, talking with experience

  • @gimme88
    @gimme88 Před měsícem +4

    the thing i like about this channel is it tells you the bad side and real situation. i watched some of nomad capitalist videos and he has one "live like a king in georgia" and i say Georgia da? a place where war is possible and civil unrest is enormous, and how can you live "like a king" there when the exchange rate is 1 euro is 3 georgian currency, so you will be living on tins of beans basically unless you find work there, and how will you do that if you are a suspicious foreigner and dont speak the language.

    • @NomadElite
      @NomadElite  Před 26 dny

      Thank you. I'm delighted to hear that you like Nomad Elite.

    • @kippsguitar6539
      @kippsguitar6539 Před 20 dny

      You have really misunderstood the economy and cost of living, Georgia is very cheap and similar to the likes of Bangkok Saigon etc, fair point on potential civil unrest but it's extremely cheap and awesome food

  • @VahoraUbed
    @VahoraUbed Před měsícem +1

    I.m.intrested

    • @NomadElite
      @NomadElite  Před měsícem +1

      Which residency or citizenship are you interested in?