Eight Fast Second Citizenships by Moving
Vložit
- čas přidán 26. 05. 2024
- nomadcapitalist.com/second-pa...
In this video, Andrew shares eight countries you can get citizenship in by living there for three years or less.
0:00 Start
2:22 Argentina
3:31 Bolivia
4:38 Mauritius
6:01 Paraguay
7:17 Honduras
8:23 Uruguay
9:27 Brazil
10:27 Spain
Andrew Henderson and the Nomad Capitalist team are the world's most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best".
Work with Andrew: nomadcapitalist.com/apply/
Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle.
Our growing team of researchers, strategies, and implementers add to our ever-growing knowledge base of the best options available. In addition, we've spent years studying the behavior of hundreds of clients in order to help people get the results they want faster and with less effort.
About Andrew: nomadcapitalist.com/about/
Our Website: www.nomadcapitalist.com
Subscribe: czcams.com/users/subscription_...
Buy Andrew's Book: amzn.to/2QKQqR0
DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.
I'm an Argentine and I would definitely advise about getting even close to Argentina for anything other than vacations. This is becoming the next Venezuela/Cuba really fast. Do not put your money here. You'll be scammed. This country does not respect private property.
People keep arguing with me about this very obvious point. Visit Argentina (enjoy the random quarantines and checkpoints!) but seriously, if you want to invest in anything or become a citizen there you are nuts. N U T S. The corruption and nonsense is at every level.
@@mynamename5172 can't be any worse than NYC....NY state...
Right, but what if I was to become a citizen for a good passport and then live in Montevideo and simply boat over to Buenos Aires whenever I wanted? Keep the money in the more stable neighbor, but still enjoy the culture, city, passport, and legal protections of a bigger country. Thoughts?
Appreciate the time stamps...RESPECT
for real!
Loving the time stamps too
I moved to Bolivia and love it! But im not a big business guy. I'm mostly chilling and exploring 😁
Bolivia seems great for the access to Russia and China. But the corruption and ban on bitcoin makes it a no-no.
Spend $375,000 in Mauritius in a second home that I live in half the year; rent it out the second half of the year. It's not a terrible way to live.
What kind of tenants only rent for half a year every year?
@@hufficag probably ...pre pandemic French ppL, A LOT MORE N MORE Middle Eastern ppL w/lots of $ or upper middle class...a QUICK citizenship & NOT far from the middle east...
That's Africa. Very hard and expensive to get there right?
I believe that if you move to Roatan and train to be a master diving instructor, they grant you residency as you wait for your three years to pass. That is a pretty good gig while you wait for your passport.
Please tell me more about it.
I've been waiting since 5:55 AM for today's video. It's like speed. Addictive.
I wait for 8:00 AM eastern standard time.
Yes, I know it LOL I start scratching the YT screen like a dog until the new vídeo appears
@@rubensnogueira5838 Me too!😀😀😀
@@rubensnogueira5838 ..Ruff
I am a US citizen and my wife is Spanish. We both have lived/worked abroad for many years. I invest my earnings in the NYSE and real estate, and I invest hers on the LSE so that uncle Sam can't go after it. It's cool that she doesn't have a cap on untaxed income earned abroad, whilst I do (just over 100k). But, it's freaking me out that Spain has been randomly asking her for past years salary statements, etc. They are incredibly unpredictable, and I'm worried about where they are going in the future in their hunt for expat money! If they discover her LSE investments, for example, and just suddenly demand 20%... we are screwed!!
I'm sure a lot of thought has been put into it already, but since I can attend a university online, why can't there be an online country? I do not want to belong to MORE countries, Andrew... I want to belong to (practically) NONE! The only landmass for Libertaria would be a tiny island big enough for a landing strip, grocery, passport-printing machine, and crapper (for the guy operating the machine).
WSJ....CNBC ..... articles USA is the ONLY country on this galaxy that tax U for where U were born....the rest of the world tax U where UR CURRENT RESIDENCY is at....& UR CHILDREN GET TAXED ALSO ! ....look for list of DOUBLE TAXATION TREATY countries w/ USA...etc.. & COUNTRIES THAT TAX USA PENSIONS......&.... SOCIAL SECURITY INCOME ( most importantly, I think....)... unfortunately ,...Nx Home residents...Medicaid Pt's...do ...ummm... get a "paper divorce" in order to acquire things for life's requirements....or U have to marry well...next time...LMAO...
Info I get from this channel here is gonna be useful to me for many years to come.
love the new intro, short and concise
I really wish there was a channel like this for regular people. I just want to do my virtual assistant thing, leave the US behind and not be bothered.
Same
I'm wondering if Nomad Capitalist has built a spreadsheet with all the countries' residence and passport requirements so it would be easy to compare and contrast to see what is right for each person.
That would be super helpful!
I am from S. America. From the ones you mentioned here in the region, I would only take my chances in Uruguay and/or Paraguay, nowadays. Nothing against the people (I even have relatives in Argentina), but the current “bolivarian wave” is not good for businesses and tends to negatively impact the security aspects. Even in Chile (I hope I am wrong).
Thoughts on Brazil?
@@lll8638 you couldn't pay me to be Brazilian. Same with any other country in central and southern South America, with the exception of Uruguay. I would accept Uruguayan citizenship. These places are prone to military coups, brutal dictatorship, financial crises, and fast changing laws (due mostly to rampant corruption).
@@madewithrealdiamonds how about Chile?
@@onurrsentrk I lived in Chile, and they are not fans of dark skinned folks, like in America. They are also not shy in expressing it, like in America. So, the only other issue I have with Chile is the quick changes in civility, which in turn leads to coups, and violent protests. The military and executive branch has way too much power. Southern Chile is a great place to vacation however, and that's as much as I'll give it.
@@madewithrealdiamonds Thank you
It is noticeable that hispanic countries are usually among the friendliest in the world when it comes in terms of migration and moving legally. Other Spanish-speaking countries like Mexico and Colombia tend to be very open as well.
production quality is looking great!!
@@kitconews3531 fake
What you have to watch out for are extradition treaties - especially with China. I thought I found love with the country of Grenada, then realized they have a treaty with China. Considering that the CCP considers me a criminal for merely disagreeing with them publicly, I might as well fly straight to Beijing and turn myself in as get citizenship in Grenada.
Wow, never considered this and was very keen on Grenada so far. Thanks for the info!
good point
What do you mean " considers me a criminal for merely disagreeing with them publicly"?
Can you explain more how this works? I understand how extradition treaties work, but more of the enforcement of these treaties. Does Grenada actually send people to China for such small offenses?
@@SuWoopSparrow read about Jack Ma's public criticism of CCP's government.
Your information is gold. Thank you very much for this.
Glad it was helpful!
@@nomadcapitalist yes it was extremely helpful new 4 me
Amazing video, thanks.
For what it’s worth, I have friends from Argentina. They don’t call their country by its name. They call it Peronia. Think about it and let it sink in...
Like in paranoia ?
@@davelawson2564 As in Eva Peron..
@@anakein Typical Leftist/socialist corrupt "leadership" ruining country. USA has its share
Thank you for the always informative videos. Can i ask about Ecuador?
Couldn't believe it's free. Much appreciated.
Thank you Andrew
Hey Andrew, I appreciate your content 😊👍. But may I ask, as I've only got a humble savings, and don't have a business, but want to leave the West to get PR in a country that may respect citizens freedoms and liberties more. Taxes are not my main concern. If cost of living for a humble lifestyle is low, I could get by on my savings for several years, while I establish a business or online income stream. Citizenship would be a bonus.
Thank you for this video
@@kitconews3531 fake
Great timing on this video - forwarded to a couple of friends. Happy to have found your content. Loved the Mauritius possibilities. I have a weird request. My (medium sized 40 lb) dog is my world and I will not leave her behind. Would you consider doing a video on the 10 most dog-friendly countries (non-Socialist) to move to? It would be so helpful for me, and I'm sure others for whom this is a non-negotiable factor. Thank you.
Thanks for the kind words and for the idea, Leanne.
I would also be interested in a video about dog-friendly countries, both in terms of taking your dog in and out of the country and in terms of how dogs are viewed and treated in general.
Yes, great question! I would be curious which countries are dog friendly as well. Particularly for large dogs.
Most countries require a health certificate, proof of rabies vaccination
Very nice video
Andrew, please talk about the ease of getting citizenship in Slovenia, Croatia and Montenegro.
Was any of your grandparents a citizen of Yugoslavia?
Right now I want to do either Brasil or Uruguay. My brother bought a property in Brasil and I love everything about living there, plus I think I'd actually be able to pull of getting married to a Brasileiro woman to get the citizenship.
Since my brother is already setting base up there, I've now been thinking about Uruguay quite a bit. I want to grow cannabis, and this would definitely be easiest (and legal) to do in Uruguay as well as the property being within my price range (cheap as possible).
I like that this video brought in some new info and perspective, specifically on the fact that Uruguay naturalization could just be rejected so easily. I still have the year to make my decision, and save up cash for a property but this is definitely a difficult situation haha. Not much (current) info is available out there, but I will keep pushing for one or the other [Brasil or Uruguay]
If anyone in the comments is curious to life in Brasil, I will say that 1000000% it is amazing, it exceeds US standards and has all the modern material comforts as well as a beautiful laid back style of life. I am only considering Uruguay as an alternative because of cannabis laws
This is excellent
Good to know what options are out there. My husband and I had our honeymoon in Argentina and when we were there we thought it would be a great place to live. Interesting that you can't surrender your citizenship if you change your mind though.
I would add Dominican Republic (2 years), Peru (2 years), Ecuador (3 years) and not so fast Australia (4 years).
Never even thought of Bolivia. Interesting
Wow...the recent theme on this channel is "where can i find a non socialist country"
Andrew, politics can be a tricky subject but i do believe this is a real interest of your audience, myself included.
Most here are astute enough to realize what is happening in the world with the "Great Reset" ie: global socialism.
Are there any pockets of freedom left?
That’s exactly why I’m here
@@Timithos thanks, great reference i have used the Economic Freedom page in the past but just bookmarked it again,invaluable. Good to hear those details on Uruguay, that nepotistic family oligarchy sounds remarkably similar to several other countries on my list, It's tough to find the balance between freedom, quality of life, cost of living and safety. Depending on how the world elite play their cards i would think compromising will be the order of the day.
@@Flawda986 In Uruguay?
I'd like to hear about prospects in Peru.
Thanks again Andrew! Always useful.
P.S. I would be pleased with a Brazilian woman.
I know a late 70's year old man w/ a 30's responsible Brazilian woman regular looking NOT a beach type average looking quiet unassuming & he is VERY happy....& so is she...both in the NY,USA summers/Brazil fall,winter,spring... etc.
I married a Dom. Rep. Women an now I'm eligibile for citizenship in 6 mos. An my wife is unbelievable.
Sorry to hear she is not believable. Lol Women can be like that.
@@wendellgamstead4933 Yes. Loyalty is the rarest thing on this earth.
@@rons5319 Truth.
Sorry I received so many neg. Replys. But that's to be expected from unhappy USA citizens. Thanks Andrew for the video
@@danielclayton3170 For what its worth , I was just joking. 😆
Honduras is interesting with the ZEDEs. Titus Gabel is launching the Free Private City
Hey Andrew, I would like to ask, whether you could make a video on which countries are attractive for phd studies and combine this with gaining citizenship along the way. Thanks in advance!
If you get an advanced degree in France you can get citizenship. But obviously you must speak French.
#1) all UR future marriages MUST be a citizen from '"DOUBLE TAXATION INCOME.PENSION, Social Security Retirement blah blah blah etc. AGREEMENT REATY COUNTRIES"" (especially BEFORE U DIVORCE HER & U R ALLOWED TO "JUST DIVORCE HER EVEN IF SHE REFUSES"...LOL.... #2) repeat #1) because UR kids will be messed up...UR kids will be hard for them to be hired by other countries if there is NO double taxation treaty for so & so countries & #3) never step in California....#4) USA = is the ONLY COUNTRY IN THE AMERICAS, THe ONLY COUNTRY IN THE PLANET,...THE ONLY COUNTRY IN THE GALAXY THAT TAXES UR INCOME BASED ON"CITIZENSHIP" VS RESIDENCY........ cnbc...wsj... articles... the IRS will run after UR SOLD HOUSE. MORTGAGE in another country that U do NOT have #1....lol.....lol...hysterical...LMAO.........
If you are Spanish citizen you can move anywhere in Europe (inside shangen area). So I guess that's a huge plus.
Andrew can you do a video on the downsides of argentina? I dont get the no renunciation
I have a Finnish, Swedish and naturalised British citizenship. Latin American countries do not have a high settlement freedom, however I hope things change in Asia for dual citizenship. A video for eu citizenships of another member state citizen would be greatly appreciated! Nordic citizens can naturalise in 2 years in a member state, while most EU countries have shorter residency periods for EU nationals. US citizenship is great, but uncle sam wants a piece of the pie. South East Asian citizenship would be great.
I was going to bring up the fact that you can't renounce Argentinian citizenship, so I'm glad you mentioned that because it definitely makes it far less attractive.
what??...pls explain....
@@mela6046 The way I understand it Argentine citizenship is enshrined in the country's constitution. And so it cannot be removed from citizens (unless obtained illegally) or given up by citizens either.
There are other countries which don't allow renunciation of citizenship. And there are instances where this could be a benefit just not to someone like me.
For Argentina, exactly how many days per year do you have to be inside Argentina borders to qualify for the citizenship?
What's your opinion on Ecuador? I've been eyeing that country as well. Paraguay and Uruguay both sounds nice!
I have been to Quito many times and love it. I have a preference for Colombia but definitely Ecuador would be an option.
Tip: immigration is a bitch in Quito. Any permit you need takes months. All the good lawyers file requests in Guayaquil. Save yourself excuses and headaches and find a lawyer in Guayaquil.
On the spot! For a few months now I've been wanting to visit these kinds of emerging countries. The Bolivias and the Paraguays have been getting my attention due to their tax regime. Brazil is also on my list since I'm a native Portuguese speaker. Also the Mauritius and other African countries are appealing. Not talking about citizenship of course. I think pretty much every country on the list is well worth exploring with the exception of Spain.
Paraguay is a dirt hole. Don't know about Bolivia too much. Avoid Argentina as it's tax nightmare. Mauritius is a beautiful place.
@@davidharrison3574 I don't think u got what I meant. I'm talking about exploring. They're emerging markets, some might even be frontier markets. That's the appeal. I'm not looking to live or spend a substantial amount of time in any of these with the possible exemption of Brazil. Also Paraguay and Bolivia are territorial tax countries and Uruguay I think has a tax insention of a couple of years. I'm also young so they might be options worth considering as place to live in in the future. Either way I'm exited about these ones on the video in particular. I think they have great potential and they are emerging or even frontier which has I said has its appeal
If u ever have any questions about Bolivia, don't hesitate to ask me
@@guilhermesalesferreiradaco2934 :)
@@TheBoliviaShow thanks for the kindness, I will ask if u need anything
Add here Ecuador, pretty save, cheap and Beautiful with a good infrastructure, and just 1 year by marriage and 3 by living ✋
What cities would you recommend?
@Pui Yue stay calm mate, is everything ok with you?😅 it’s a small to talk about the best way to get a second passport with all following issues, you need to watch different channels if you want have some debates of political things😂✌️
@Pui Yue I can say same stuff fact by fact at least about 5 countries listed in this video and so what? Make no sense)) let me try it one more time: it’s about to take one more passport, it’s not about to live there for all your live and love local government 🤫😄
@Pui Yue info was given... but only you and no one more decide where to live by your own tastes and needs✌️
When are you dropping the book on Peru?
I second that, I'd love to check it out, the mtns are gorgeous.
Mauritius is on my list
do they have double exemption taxation treaty? w/ UR current country?( esp....including pensions, Social security RETIREMENT incomes? etc... etc.. & UR future partner?
Do you need to renounce all of your citizenships in order to apply for Mauritius one as a foreigner? I thought that was their rule if you’re not native born there. Otherwise it would be a great quick passport.
I have one parent born in Jamaica and maternal grandfather also born there. Maternal grandmother born in US but her mother born either England or Jamaica (still working on confirmation). I am wondering if I can get a British passport and might just apply and see what happens but was trying not to waste 90 pounds.
Why are the GCC countries never mentioned?
Is there any way to keep your Canadian residence and get new citizenship--especially if you don't have 200k to spend? I have a large family but can work anywhere in the world. It would have to be a safe country as I have kids.
What about Andorra? How difficult is it if I am Latin American?
Better than all these may be Dominica's new entrepreneurship program, (well if it gets launched, since its now 2021 already). $50K+ $100K in bank account and 90 days a year for 2 years, would make an investor eligible for naturalization.
We covered it here: czcams.com/video/jn8wfUj99h8/video.html
How about hungary or Bulgaria? Is it ok or not?
Love from Serbia ❤️.
Can you make video about opportunities in Balkans and how you rate this region.
Andrew , what will be next Singapore, or Hong Kong?
Love from Serbia
I would love to hear that too.
Great topic recommendation here!
He did one on Montenegro. Once this nasty bug is over I just know there is a Balkan village that has a spot for me! :)
how can i get Serbia residence permit?
@@Chahlie Serbia has great villages, with low cost of living, natural food , you are welcome.
Mauritius looks good 👍👍👍
Yeah. I agree.
Can you please let us know as soon as the Malaysian government reopens their visa programs?
I'm particularly interested in the MM2H program or going as a parent of a child I'll be putting into an international school there. Thank you.
Sure we will inform you
@@nomadcapitalist Thank you. And congratulations on making Malaysia one of your home destinations. I'm from a western country but wouldn't consider moving anywhere else. I've been there a few times to scout schools, homes...and LOVED it. Thanks again.
I was looking for Malaysia as well, but right now travelling there is impossible unfortunately :/
Hi how are u doing ? Anyway I'm Malaysian and currently I'm living in overseas. Anyway this are the best international school list that sure I can recommend u sri garden international school in hartamas , Alice Smith, sri Kuala Lumpur, Taylor's international school, montkiara international school, Kingsley international school. But depends where u going stay ? For me montkiara is nice place to live. Good luck .
You need 2 years living legally if you are from a Spanish speaking country to get spanish citizenship
Most of these countries are not capitalist-friendly
Hard to find fast, easy, cheap, livable, Capitalist, etc. Every option has a trade off.
Bolívia: could anyone tell me if it has a territorial tax system? I found contradictory data on the web.
It seems as if they are. I can’t really find a lot of information regarding Bolivia in this regard at all though.
@@GamerX-ql8dg yeah, it looks like indeed. The PWC page on Bolivia is not opening and even in Spanish it's taking long to find any official info. If Bolívia has a territorial tax system and is part of Mercosul, it could be a hidden gem. Caveat: a wealth tax law was about to be voted last month...no time to check the result.
I will see if I can find the info
You forgot to mention that permanent residence of Puerto Rico are also eligible
Can I get passport in Turks and Caicos to avoid bitcoin taxation (Canadian)?
What do you mean by doing your 'Brief period of residence'? I am Puerto Rican, so how do I go about that. Do I just move there? Can I work there? Can I retire there with a $1000 Soc. Sec. pension??
Mr Henderson,
A divorce could have devastating impact on the finances of the spouse with higher income and wealth, especially in jurisdictions based on the English common law. This one event could wipe out more personal wealth (and even future income) than any, or even all, of the taxes.
So, please start a series on the countries with gender neutral and the most fair divorce and alimony / spousal support laws.
dont get married, just shag
Opt for a marriage-free (plus child-free; it helps a lot) lifestyle. You can leave the relationship without any legal obligations.
TWO WORDS: PRE NUPTIAL!
Can your service make it possible to attain a second citizenship from any non socialist country(crypto friendly) where the client has no connections or relations or experience in? How quickly can that be done after beginning your service?
Yes, you do not need connections to certain countries to obtain citizenship. Please contact our team at help@nomadcapitalist.com and Katarina will be happy to assist you.
hi andrew do you have any citizenship in any of those countries that you mentioned? my top 4 citizenship choice: brazil, spain, argentina and paraguay. and for my permanent resident I'll go for uruguay and bolivia.
Mico, are you of Hispanic ethnicity? If so there is a fast track option, where in 2-3 years you can gain Spanish Citizenship!
If u ever have any questions on Bolivia hit me up
@@TheBoliviaShow thanks. I spent four years in Colombia and loved it.
What is the easiest path to residency, apart from marriage?
Where is the best large city?
How is the infrastructure?
Am I correct in assuming, Cost of living is low?
Thanks.
soon I will also pile my passport portfolio too hahaha :)
philippines is a spanish colony in the year 1500.
For Argentina, do you need to spend the majority of the year resident there? How many months a year is usually required
You first apply for a temporal residency permit, it lasts 2 years so you have to spend more than 50% of that I'm the country (1+ year).
After the 2 years of temporal residency expire, you renew it and get permanent residency. You can then apply for citizenship which can take 1-3 years to get it. You will have to spend more than 50% of that time in Argentina.
@@Codioxx Dude>>>
did you get the citizenship yet?
I would like to know how you got the tempporary residency permit. please.
,
thank you for the info
Not sure this is true about Brazil, but a friend of mine told me that they grant you citizenship in a year, if you come from a Portuguese speaking country
what r the caribbean places to donate? and how much donate
Start here: czcams.com/video/UjX2oLKq60k/video.html
If you get married to an argentine, you can apply for passport (and permanent residence) the same day that you got married, no residency needed. You just need a lawyer.
Source, I did it.
I'm from the UK and want to get citizenship in Portugal due to crypto taxes What would be the best way..?
We’d be happy to review your situation and create a thorough Plan for tax, residence, and citizenship based on your investments and lifestyle. Feel free to email our team if you’d like help.
Bolivia! :)
Dominican Republic, has a quicker citizenship, right?
i have st. Kitty. passport i want to settlr in germany. how ca0n i get resident permit
How about Latvia Residence by Investment ? 50k is it worth ?
yep, the best one. I have lived here for 20 years now, EU residency.
Andrew, I believe strongly there's an added benefit to the Paraguay approach (which I, myself, am taking). Once naturalized, you have Mercosur-nation member benefits, if I'm not mistaken. In short, I'm pretty sure once you have passport from a Mercosur nation you can pretty much live and work in any other member nation. Now, to my thinking, that means you kill many birds with one stone. I'd love your input on that, maybe my understanding is wrong. But, if I'm correct, an investment of 3 years isn't a bad trade-off (since you only need to be in-country part of the time) to open up access to all the rest of the nations. Seems like a good setup to me. Thoughts?
@@ChanaElisheva Insightful, and I agree. Thank you.
You are correct about Mercosur. Travel within the group requires only the showing of your Cedula (ID Card).
Problem with Spain is that you need to renounce your U.S. citizenship. They don’t recognize dual citizenship.
unless U have natural born citizen of a previous Spain commonwealth like Philippines born etc...or if U probably have a adopted child born in the Philippines maybe? & UR child is a future duel citizen of Spain....maybe?? Then U can automatically be a "permanent" Spain resident ?... maybe??
You didn't mention Mexico? Permanent residency then citizenship after a couple of years.
I was under the impression that it took five years to become a permanent resident and another five to become a citizen?
Hey Andrew, are you sure about Argentina? I lived there for several years in my early 20s and couldn't even manage to secure residency document despite attaining fluency in their language (Castellano i.e. Spanish) and having begun a master's degree program.
In the 2000s they were a lot tougher, the recently got a lot more lax
@@diogenescasares4294 Are you sure about that? I left in 2017 as it was absolutely impossible to obtain residency. I would go to Retiro in CABA to the immigration building, go through what was claimed to be the process of obtaining residency and they would not grant it to me. They said I would have to make a capital investment at the exchange rate during that time of around a US$100,000 or say get married. And keep in mind, since then I have procured residency in both Estonia as well as Russia. It seems to me that it's extremely difficult in Argentina based on my experiences.
@@toddjohnsen7996 They wanted a bribe, simple as that.
@@toddjohnsen7996 Legally speaking they cannot force that on you unless you were living there illegally/in an unregistered way.
@@diogenescasares4294 100% they wanted a bribe. Just take the ferry to Montevideo every 3 months for the rest of your life, stamp in, stamp out. Can take less than one day haha.
If you go to one or any of these countries and show tax free income... Can you avoid paying taxes there altogether? Some countries you have to register and pay after a certain amount of time there elapses.
If you keep your money offshore then it’s not taxed!
@@michaelreid8857 Yes, foreign accounts. Need to know and not need to show. I saw a video today about people trying to lure digital nomads to their country. 😄. Let them qualify you... They tell you where you will live in their country... Exactly. They tell you where you will spend hours a day working... Exactly.
Be aware those who will pay for these people are expecting to pay half regular wages and the host country will tax them. 🥉 ...I wonder if anyone will be hacking them ask for business ideas....ah yes. Changing world.
@@knockknock1246 a country like those in S. America are only going to tax you on income earned in that country. Obviously if you want residency they have a right to ensure you are not going to be a burden on their system.
On the other hand you can always stay where you are.
As Andrew states time and time again. Go (stay) where your treated best!
@@michaelreid8857 Michael, thanks so much for what seemingly is your undying concern to answer my questions, but my question was actually more of a rhetorical one. We all have our understanding of what is best wherein long term planning with assets is concerned, and I was just pointing out things I felt viewers of this video and those who enjoy this type of venue might appreciate, be aware of themselves, and possibly even be able to expound upon as towards similar experiences they might have run into, or have been told about...
All the other scams taking place as for many imminent changes in banking coming forward are vast ... Covid, reset... Even travel agencies and airlines are pulling some pretty incredible things wherein shady dealings go... New coins, old coins and coins of currency. Trading. Just ask your fraud department where you do banking.
Be careful and thanks. We all have our stories to share with people of like interests.
Good Luck.
Spain and Latin America works both ways, they enjoy settlement freedom due to language and cultural similarities. Spain will probably introduce carbon taxes and wealth taxes and in any case it does not appear to have a bright future (economically speaking).
Since most of these are Sudamerica let someone from Brasil tell you all something, that besides maybe Uruguay all the countries listed here have falling economies. Also you may not know it but in these societies they don't like when there are expats that come there just for refuge but are not contributing to the economies positively. This will upset the national feelings of the people who are especially not as well off as you. Actually I understand these feelings. You want to live in a Latin country why not give to receive? I think if you become a citizen in a nation it should not be a stepping stone for another.
I heard spain doesnt allow Venezuelans anymore
Argentina might not be the best for risk....
Fast, easy, cheap will usually have a trade-off.
As a Colombian, I wouldn´t get a passport to the next Venezuela.
And like a crazy ex-girlfriend, you just cant get rid of your Argentina once you allow it into your life.
@@ChanaElisheva It would be my plan Z-, but I am biased. And you can never get rid of it.
@@mynamename5172 Hahahahaha good one!
I'd like to have a Brazilian baby. Can you organize that for me Andrew?
Can I contact with you sir
You can contact us here. help@Nomadcapitalist.com nomadcapitalist.com/apply/
Paraguay? Honduras? Bolivia? No way Andrew. Argentina might work. Lots of great beach towns. Uraguay is very nice at least to visit. Once again great climate and beaches. Brazil and Rio work. But speaking Portugese is tough. Its not Spanish. Spain also works. As an Expat for 15 years in the Sunny Domincan Republic. Andrew always hurts my feelings by not mentioning the DR. Why Andrew? They do not deport Gringos. Stay as long as you want just pay a fine when you leave. Not that much. Or you can go to Haiti and get a passport stamp. Not that hard. We Gringos need a social life and nightlife. Chicas, Beaches and Beer.
When you want fast, easy, and cheap, the options are limited. Spend more or wait longer and you'll have a larger pool to choose from.
I liked the first intro Go Where Your treated best then this new one.
Andrew, what's your opinion on the Scandinavian countries, like Finland or Sweden? At a glance they look cold, expensive and not very tax & entrepreneur-friendly, is there something I'm missing though?
Not that expensive outside the main cities. Tax is simple and not as expensive as you'd imagine there, too. Good if you want the quiet life and enjoy nature. You have to be hired by a local company, or be a student at a university to get in, and then it's 5 years until you can consider something like a permanent residence.
…Or just have dark skin, be Muslim, and claim asylum in Sweden or Germany. 🍾
Finland is consistently rated as an easy place to do business, with very low corruption. Taxes are high though, a little higher than my native Canada. I like it culturally and I've visited a few times. I wouldn't mind having a home there.
Sweden has some of the highest taxes in the world, especially for employees. It's also a nice place to spend time. Stockholm is the prettiest city I've been to. It's a well organized society. I'd avoid getting into the tax trap there though.
@@MarkRose1337 thanks for the detailed answer! Really great to hear someone else's opinion!
@@MiaogisTeas 😂yeah I guess. Thanks for sharing your opinion👊
Scandinavia is a Gastarbeiter 's paradise, and a capitalist's hell.
INTERESTING?
Everyone knows north korea is the greatest country on earth. Everyone wants to live there
Hardly anyone ever leaves!
@@BillLaBrie they took the word leave out of their national dictionary...replaced it WITH FREE PERMANENT STATE VACATION
I was born n NYC but my parents were born in Puerto Rico.I have visited Spain twice in 2019 and hope to retire there or travel thru Europe in early 2023(early retirement ).Would I be able to apply for citizenship based on my hispanic heritage ? Thanks.
Ecuador? Pros cons anyone??
Very few cons. Been there done that and love it. Colombia is even better in my opinion!
I just got my Israeli Passport. If your Jewish It is pretty straight forward about 164 or 165 visa free countries. I can go to Russia and a few other's visa free and i can't do so with my American. The ones that don't accept my Israeli Passport Accept my American. I am hoping to get one more. I have options for Italy . My grandfather's family had Italian citizenship via from Libya but because of the war The had to flee so we have some shortcut's cause of this. I'm not sold though on Getting an E.U. passport I'm thinking maybe Ecuador or Colombia as a third option is still have residency in Colombia . Anyone have Experience with acquiring south american citizenship ?
Get the Italian one brings good benefits in the EU
@Leijla Foss Yes I know. I'm sharing a story and getting advice on an open platform.
@@princereddy4887 Yeah my only concern as Andrew Has mentioned is the increasing attitude towards wealth. You make 60k your neighbor makes 55k and your the rich guy in his eye's. The American dream went to the former communist countries who dropped that nonsense as we only picked it up here in the west. Your thoughts ?
I’m iranian Jewish is it possible for me to get Israeli passport?
@@paxsignals2652
Where are you living ? You have at least one Jewish grandparent by law of return you are allowed cause Hitler YImakh Shemo ( May his name be erased) and the soviets would persecute us by those standards. With that said What is your situation ? Did you marry and have a family with someone Jewish ? If you married someone non Jewish it could be an issue for obvious security reason's. Within the Persian community in the US which i'm very familiar with with many close family friends one family i'm very close with i'm considered one of their own children. I would happen to say your very traditional and most likely religious so it should not be a problem Proving your Jewish The only issues i have seen is within the Russian community cause many of them faked their paperwork and did not have at least one Grandparent who was Jewish. Where ever you are may you have a safe and meanigful return home. All the best !!!!!
Please make a video of Germany and USA dual citizenship. I need to the merits, demerits and all procedure.
If war breaks out with Germany again, you can fight yourself this time.
I don’t think Germany allows for dual citizenship.
You will not be treated best as a citizen of Argentina. Yeah, yeah, I am a broken record. But its true.
good to know!
The Argentine passport is a decent passport, I don’t see why not?
When you travel make sure you come with proof of financial solvency and you shouldn’t have problems.
Especially if you speak fluent English and people know your Argentine by naturalization.
Everything boils down to how you present yourself!
@@michaelreid8857 I am a US citizen as well. Its not an issue of travel. My issue is how Argentina treats its own citizens.
@@mynamename5172 i feel if you obstante the laws and don’t rock the boat. There shouldn’t be any issue!
@@michaelreid8857 You can "obstante" the "laws" by simply driving on a highway or trying to run a business. or daring to own a house. Come over for a beer, I can tell you tons of stories about the place, my family runs a vineyard. Dealing with the government is like dealing with the mafia, only its more powerful. The expat experience in Argentina is fine, great even. Become a citizen and get substantial assets there? Not unless you are an idiot.
you forgot peru
Peru doesn't work as promised recently.
@@nomadcapitalist because is it due to horrible bueracracy? (meaning you need to be like a friends with every admin staff and minister etc to get it going?)
I'm glad that the Cuban government doesn't allow foreigners to buy property, otherwise you'd get massive native homeless populations like in brazil and other countries, but if they did, I'd have moved to Cuba many years ago. Cubans are the greatest of all the Latin People although Venezuela is a close second.
I thought Cuba was starting to sell land? There is one way around this. Form a Cuban Corporation and have the Corporation do the buying.
Own nothing, control everything!
Never liked Venezuela and now it’s 1000 times worse. Have you been to Colombia? Lived four years there and ❤️ it!
@@michaelreid8857 Thanks Michael....a non for profit religious organization/church....
Let's be honest, these enticement have something terrible hiding behind it😌
Socialist Spain ? - No Thanks I pass.
Do you think Portugal is heading in a socialist direction as well?