The Best Citizenships in a New World Order
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- čas přidán 24. 08. 2024
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Mentioned in this video: second citizenship, second passport, get another passport, buy a passport, another passport, citizenship by investment, best passports in the world, best citizenship, st kitts passport, Caribbean passport, serbian passport, Malta citizenship by investment.
DISCLAIMER: This video is not tax and/or financial advice. Any information or advice I give is purely based on my own experience and research. I am not a tax professional and/or lawyer and/or accountant so I am not liable for any steps you take to lower your taxes. I'm not a financial advisor nor do I pretend to be. Always do your own research.
Please note: St Kitts and Nevis might lose access to the United Kingdom by the end of 2023, as well as potential Schengen access. I would still recommend the passport to most clients just to have a Plan B.
Would Ireland be a better option for UK access?
Carribrean eventually would go ETA and ETIAS I expect
What would still be the benefits of St. Kitts if the squeeze is put on St. Kitts if you're not going to be living there? What guarantees are there that the US and EU won't squeeze even more such as on taxation on St. Kitts or other Caribbean countries?
Did you see what the Prime Minister of St. Vincent said about the future of CBI programs? Of course St. Vincent refuses to have CBI.
🤣🤣🤣 secondary passports are a waste of time
forget about Caribbean citizenship now. Well if they reduce the donation amount to 50 thousand dollars then it alright
What are the requirements and investments for a Serbian passport?
Make a video on how you got your Serbian passport
We need this video!
Serbia has government,, find in the internet 🛜
Only believe government
I am from Serbia and I want to run away from here 😅
I really like Mexico, but instead of a Mexican passport, I would add a Chilean passport. Chile is the most developed country in South America, and it has visa-free travel with the US. That's worth a lot.
Yea, getting Mexican passport is not as easy as it's made out to be either. It's a loong process.
@@midlifecrisis7888How hard is a Chilean passport?
@@wanderingdoc5075 have no idea. Chile is to far away from everything, unless you plan on actually living there for long periods I would not consider it.
I got France & Canada so far.. Although I'll never live in either, visiting is nice and both cover what the other doesn't.. I could use an other though.
That’s impossible, you have to live in those countries for an extended period of time before you can get the passports. Even if you have ancestral ties. Unless your parents gave birth to you in either, in that case you’ll have access to only one. To get the other you must live there
@@femiairboy94 Impossible n'est pas Français comme a dit Napoléon en Egypte.
@@femiairboy94 entirely possible if one is born to a Canadian parent and a French parent... Both countries allow their citizenships to be passed down ius sanguinis, at least for one generation.
Paraguay's dual citizenship isn't a regular dual citizenship. It is only countries that have entered into a reciprocity agreement and afaik that is only Spain and Italy. Also I'm not 100% sure on this but I'm pretty sure when I was reading the actual regulations I saw that the dual citizenship option isn't allowed for naturalized citizens. That may be different for Spain and Italy but my understanding is that at the very least everyone else, and maybe them too, that want to become a citizen must renounce other citizenships. I'm not sure what they do in the case of a person not being able to do that like in the case of Argentina. My understanding, which could be wrong, is that dual citizenship is only allowed in the case of a person who was born in Paraguay and wants to get citizenship by descent in Spain or Italy or vice versa.
With the nitpicking done, the point of a portfolio of passports just makes sense and the way you laid it out makes sense too.
I think the question with Paraguay is that of whether or not they actually enforce the prohibition on dual citizenship; my suspicion is that they do not enforce it.... BUT I wouldn't want to spend a lot of time in that country JUST to get the passport, as it could lead to a lot of disappointment.
@@dlukton yeah the problem with that is what if some day they decided to actually enforce their clearly written law. I mean it is debatable how clear legalese is but it is written down and anyone can go read it. I would be in Paraguay right now working towards citizenship if that wasn't the way the law read.
Very true. I'm guessing you got your Serbian passport, since you have it in the thumbnail? BTW, Tanzania is pronounced "tan-za-neeya", not "tan-zaan-iya".
HEY brother I don't know if you will read this comment but I hope you do, can you make a video on the South Korean golden visa program covering the real estate and bank depositing options? i would like to know your view and everything
Thanks.
You forgot to mention the total cost for the 3 passports St Kitts, Serbia & Mexico..
Getting the Mexican passport doesn't have to cost any money (beyond just paying rent on an apartment); but it'll take you 5 years of residency... AND you'll have to pass a test demonstrating near-fluency in Spanish. Consider instead an Argentinean passport; the residence time is LESS than 5 years (maybe as little as two years), and there's no language test.
150k,250k-500k 150k
@@kennethroth6757 you can't buy a Mexican passport.
@@dlukton u have to buy real estate or make an investment into the country or live for 5 years off n on then get citizenship
@kennethroth6757 Mexico doesn't require an investment; but yes, a real estate investment would be one option for obtaining a residence permit.
Thank you bro i was trying to find the perfect passport portfolio which balances all advantages for ages... but you made it so easy. Thx bro
Get Canadian passports
@@bobbypirzadeh2558how ? Do they sell them?
I will start my passport portfolio with (drum 🥁 roll) The Philippines 🇵🇭. I have been traveling to and from there since I was a young boy 👦.
How to get Serbia passport?
🌍Caribbean passports could lose access to Schengen area. So, what’s the point? Anyone knows the answer?
I travel around the full time while making full time videos.
FYI .. If you get a passport from a former Spanish colony that will serve as a gateway for an accelerated Spanish citizenship.
@@patienceisalpha Not according to my immigration lawyer (two different immigration lawyers) in Spain. First thing I checked.
According to my lawyers they have done 2 or 3 of these from naturalized citizens de países iberoamericanos without any push back. I will try. Staying in Spain for that period of time is not a hardship in any case.
Sold combination of passports. Instead of the cbi passports I would go a South American passport like brazil and get a tax residency in Dubai for taxation
I would assume that getting Brazilian citizenship is about as difficult and time-consuming as Mexican citizenship is; as such, one of the variables to consider is whether you want to learn Spanish or Portuguese.
@@dlukton if you have a child in Brazil, and you can speak Portuguese, you can apply for Brazilian citizenship in about 1 year. If you are married to a Brazilian it also requires 1 year of residency. I mean Brazil is Adriana Lima's home country, so there are a lot of beautiful women in Brazil. Much less time than Mexico, but you will become tax resident in Brazil and Brazil has a formal exit tax process you must follow to leave it's tax system.
@jeremybarlow2291 yeah, I've heard many people suggest getting citizenship in Brazil or Mexico by giving birth to a child.
If I had a time machine... and I could go back in time.... I might do just that.
@@dlukton adopting a Brazilian child also qualifies as I understand it.
@jeremybarlow2291 actually, I have wondered about that.
Nice detailed coherent videos . is citizenship of UAE & SAUDI ARABIA possible , if YES how ? let your audience know
Theoretically possible, practically the chance is close to zero, unless you are a billionaire or a Nobel prize winner. There is no citizenship path for normal mortals.
It is also quite normal that people have to leave UAE after 30-40 years of living there and are treated as temporary immigrants, and if they aren't able to afford other types of visas.
A Paraguay passport? In Paraguay, dual citizenship is not allowed for most foreign nationals who seek to obtain citizenship via naturalisation.
Is that prohibition usually enforced? Does the government actually demand to see evidence of renunciation before they'll grant the citizenship?
@@dlukton You can try, but likely will fail. You submit your naturalisation application to the Paraguay Supreme Court, in the Paraguay Constitution it clearly states:
Artículo 149. De la nacionalidad múltiple
La nacionalidad múltiple podrá ser admitida mediante tratado internacional por reciprocidad de rango constitucional entre los Estados del natural de origen y del de adopción.
Artículo 150. De la pérdida de la nacionalidad
Los paraguayos naturalizados pierden la nacionalidad en virtud de ausencia injustificada de la República por más de tres años, declarada judicialmente, o por la adquisición voluntaria de otra nacionalidad.
Yes, i have 5 passports
😂😂
I have 10
What ones?
@@ChapatiMan 2 North American, 2 Eastern European, 1 Middle Eastern
Personally, I don't see the point of that... EXCEPT for a US citizen who's planning on renouncing.... or a person who USED TO BE a US citizen.
what passports need a person who have a passport from Spain and want more security?
Caribbean CBI from a country that is a full member of the OECS. Vanuatu to give you the right to transit Australia without a transit visa (if you don't have an Australian or New Zealand passport. An Australian or New Zealand passport if you want to live in that part of the world, though I wouldn't recommend doing so. Maybe Irish if you want access to the UK via the Common Travel Agreement between Ireland and the UK.
I have swiss & eu passport. I would like to have an Argentine passport, but I would have to go and live there, and currently for health reasons I cannot leave Switzerland
thanks for mentioning our country philippines, that is also my holistic citizenship and residency. but I will include egypt and jordan.👍
Next Year 2024 (I don’t know which date It will start)
Bulgaria in Schengen…..
out? Bulgaria never joined schengen.
Bulgaria is not even a part of it yet
@@furkanmakinac138 yes you 100% right, my apologies
@@furkanmakinac138 yes absolutely right 🙃😔
@@yurig2530 my mistake…. 🙋♂️🙃😔
Don’t believe nobody only government officials
What is the one country should one pick to live permanently there?
None the point of a five flags style strategy which is the reason you want multiple passports is to not be tied to one country. You want your business in one country. You want your investments in another country. You want citizenship in another country. You want to be able to easily travel to a fourth country for fun and play. Then you want a fifth country you are not a citizen of, which you are not invested in, where you live most of the time.
Like you have your investments in the UAE through a holding company, but those investments are really just a stock portfolio of UCITS ETFs domiciled in Ireland invested all around the world like a Vanguard FTSE-All World High Yield Dividend Fund and a similar Diversified Bond Fund. You might even divide such investments with a Cypriot, or Jersey or Guernsey or Labuan Holding company. You then have a Hong Kong or Cyprus corporation that is managed and controlled and tax resident in Malta where you earn your active business income. However, that company takes it's profits in the Jersey or Guernsey, Isle of Man, or Cayman Islands branch where all of your staff is located and where the company banks. Why this strategy? Because Malta is a high tax country with a great loophole for non-domiciled tax resident companies from Double Tax Treaty Countries like Hong Kong, or Cyprus, or even Hungary that let's you pay next to no taxes there. Kind of like Luxembourg does with it's holding company regime. You hold your personal cash in a bank in Singapore or Switzerland. You live in Costa Rica or Mauritius, but you have a party pad in Pattaya, Thailand where you have fun.
This is how five flags works. You diversify where you do business, where you live, and where you play. Or maybe you live in Monaco or Dubai or Gibraltar, or Switzerland, or Uruguay, or Malaysia and have a party pad in Cancun, Mexico, Medillin, Colombia, or Cebu, Philippines.
You have citizenship in Luxembourg, or Italy, or St Kitts & Nevis, or maybe Malta, but the point is, you diversify so that no one country controls your money, your lifestyle, or you.
Can I get a new identity or different name and surname while getting second citizenship?
Yes I think in Vanuatu
My sons have Australian and Canadian passports but both countries suggest to use only 1 passport to enter and exit the country they live in. So what’s the point of having multiple passports? Plus to renew passports (every 5 or 10 years) could cost a lot of money if you live overseas.
I entered countries of my citizenships on different passports and had no issues at all. They just don't correspond.
You must enter and exit a country on its passport if you have it. When you're entering other places, use the passport that gives you the easiest access, the longest access or the most rights. For example, if you have a passport from an EU country within Schengen, you would enter any of the Schengen countries on that passport as it gives you the most rights whilst there. Also for example, if I wanted to visit Vanuatu I wouldn't use an AU/NZ passport (30 days visa-on arrival) as my EU passport gives me 90 days visa free.
The point is that multiple passports give you more options, more places to reside and/or work. Without more passports, you can only be a tourist in most places. An Australian passport give you freedom of movement with New Zealand but an EU (Schengen) passport give you access to the entire Schengen Zone (27 countries). A Caribbean CBI passport from a full member country of the OECS gives you freedom of movement with the other 6 full member countries of the OECS.
When it comes to renewing passports, the worst is by far the Swiss passport, one of the Nordic passports and the Australian passport when it comes to cost. The rest are all sub-$400 for 10yrs. That's basically the cost of 8 coffee's per year at worst. I would ask - what price do you put on your freedom and ability to move abroad on short notice?
@@matthewnirenberg "You must enter and exit a country on its passport if you have it."
I have broken this rule in all 5 countries I have citizenship with.
Please loose the sunglasses on camera. It makes it harder to establish trust when you hide parts of your face under a thick beard or hide your eyes behind sunglasses, for example.
Was Sunny
@@WealthyExpat Was stupid.
what about banking? where would your main account be?
Singapore or Switzerland
@@37tara why not dubai?
the link to book a call doesnt work
I don't understand how is it legally possible to have various, more than two passports.
I have legally the spanish snd the german passport (two EU passports).
I have also the option to get the panamanian passport but normally in that case I have to renounce the german passport.
Germany, where I live changed into an chaotic country with downstairs economy, high taxation and impending citizens world taxation and sn ugly government.
So what shall I do? To hide my panamanian passport and to hold my german passport (illegally)?
Correct me if I'm wrong but hasn't Germany dropped the no to dual citizenship rule ? Are there some Germans illegally holding other citizenship from outside the EU ?
Yes just don’t tell them
No renounce of German passport from April on
Thanks for sharing, will be in touch and let's go! 💪💪💪💪💪💪
St Kitts, Mexico, Serbia
what do you think about Bosnian passport
Question of what it would take to get the citizenship.
Problem with Irish passport is that once you have it by naturalisation. you can't get any further passports!
Where's your source of information
@@dancrowley-2023 the Act.
@@JP-qn4uo act of what ?
link doesnt work
please make videos on albania 🇦🇱 passport and will join EU member
I have Mexico and US citizenship. This video is hella informative for that
Paraguay doesn't allow dual citizenship
I heard Malta is going to a world tax on it's citizens. Any truth to this?
Guyana is "up and coming" their passport will be worth having.
I would mention Portugal as well. Worth it
Portugal has a springing tax trap for citizens. If you move to a country on the Portuguese blacklist as a Portuguese citizen, according to a Portuguese attorney who was on Heidi the Blockchain Chick's CZcams channel, you will have to pay Portuguese taxes for the first five years you live in that blacklisted country. I mean if you become Portuguese and you move to Thailand for example, you will have to pay Portuguese taxes for five years. What is unclear is whether or not moving to another tax haven subsequent to the first one triggers a new five year run. I mean it doesn't even matter if you had already exited Portuguese tax residency. The tax attaches to any Portuguese citizen moving to a blacklist jurisdiction.
Sigma be like
Thanks
You r a legend
Thank you 😊
Tyrannical in EU
I actually think you should add Turkish passport as the third because combined that with St Kitts for example, it's wider reach to the world with two passport only, if you afraid of Caribbean might lose access to EU, then Latin American country + Turkey is an almighty portfolio
I've been looking for this
While Dubai (UAE) has some benefits, I would rather live in hell than there, lol! Chile is a very attractive option, but not so easy to achieve I guess. Mexico may be okay too, but I love the southern areas of S.America.
Yeah we need proper education there has to b a way someone could give us the right information
He is talking like serbia and mexico are selling passport
Glad to hear that you have a Serbian passport brother, and by the way, we probably won't join the European Union (ever).
Everybody supposedly loves Mexico, but it's one of the few countries I'm really not interested in visiting.
I don't understand why getting a visa is made out to be such a big deal. It's not like people are constantly travelling around the world all the time anyway mostly.
OMRMKSAMI WANNGA ESPXAPE THE MATRIZ
St Kitts, Turkey, Mauritius, Barbados. You've pretty much got the same level. Alternatively, Mexico, Argentina, Grenada, and Turkey.
Another alternative, St Kitts, Malta, Turkey, and Mauritius, and that is pretty on par, barring a few countries in Africa, but you could move to Gibraltar before Mauritius, pay zero tax and get a British passport too and you are covered.
How can you move to Gibraltar? What are the requirements?
@@yurig2530 You need to be worth $2 million or be an EU citizen, or be a British citizen. You need to buy or rent a property in Gibraltar. If you are a non-EU citizen moving to Gibraltar and are worth $2 million or more, you should apply for Category 2 residence, which does require a lump sum tax about £30k a year give or take. You may also be eligible for residency through their highly skilled residence scheme as a non-British and non-EU citizen. My theory has always been get Maltese citizenship, then go to Gibraltar, there may be a few other ways, but those are the ones I know of off the top of my head.
Gibraltar is not a pure play zero tax territory, but if you earn your money outside Gibraltar or from capital gains ie if you are living on investments it can be a zero tax place. I see it as the warmer, cheaper version of Monaco for people living on investments.
@@jeremyleonbarlow I usually used "highly skilled category", and it worked for me very well. Otherwise, they want too much for my liking.
The problem will be entering US. For US you better have Canadian or Bermudian passport.
@@yurig2530 Malta and the UK are both Visa Waiver Program countries subject to ESTA as far as the US goes, and the UK is also an E-1 and E-2 Treaty Visa country, so between Puerto Rico and the US Virgin Islands it has some tax beneficial possibilities for a British citizen.
I'm definitely going to contact you as soon as XRP goes to the Moon 🎉
Me too, waiting on Xrp😉
Yeah, I think that the "CBI" countries will see a big influx of capital in the event that crypto does well over the next two years.
Yikes. Shouldve just bought eth
@@michaelcarroll1532 Yikes , should quickly swap your Eth for xrp while you still have some time
Xrp XLM and Xdc
By the way you won’t be allowed to travel in the future
Your not up to date "Expert" You did not mention ST KITTS NEVIS VISA FREE TRAVEL TO CANADA!
Lol
But you are american wealthyExpat
He doesnt have US citizenship anymore
@@andreym115 why?
@@denshelldenejour3891 Probably in order not to get taxed on world wide income.
i have 3 passports, Italian-American-Mexican i need to take one in the carribbean to cut me off taxes
You need to renounce your citizenship from the US to stop paying taxes. The US is the only country that makes you pay income tax even when you don’t live there anymore
@@ChapatiMan no, you don't. You can just leave.
@@ChapatiMan never paid a penny in taxes in the States, I don’t live in that shithole lol
@@yurig2530 yes they do. US citizens are subject to income tax no matter where they live or got that income
@@ChapatiMan yes, but what if you don't comply? You see, Eric is already doing it.
If you have big money visa is not a problem
How can comunicate with you?