Five Citizenships to AVOID Like the Plague

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  • Опубліковано 6 чер 2024
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    Join us as we uncover the potential pitfalls and disadvantages associated with these passports, providing valuable insights to help you make informed decisions about your global citizenship options.
    00:00 Start
    0:47 Country Prohibits Renouncing Citizenship
    3:33 Citizenship-Based Taxation
    5:25 Mandatory Military Service
    7:21 Sanctions and Reputation
    9:24 Impact On Job and Security Clearance
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КОМЕНТАРІ • 1,8 тис.

  • @xyyx1091
    @xyyx1091 11 місяців тому +1876

    Renouncing a country citizenship should be included in the human rights bill.

    • @chenteprimo
      @chenteprimo 11 місяців тому +92

      It is a human right. It's article 15 of the Declaration of HR

    • @chenteprimo
      @chenteprimo 11 місяців тому +96

      @@svensulzmann4282 Article 15 covers renounciation. The right to change your nationality is the right to renounce a nationality

    • @penitenttangent7346
      @penitenttangent7346 11 місяців тому +26

      Sounds like first world problem 😂 Don’t like it then leave and forget it!

    • @TheSimArchitect
      @TheSimArchitect 11 місяців тому

      Amen!

    • @t1ll316
      @t1ll316 11 місяців тому +27

      Iran, China and the DPRK entered the chat

  • @thehun1234
    @thehun1234 11 місяців тому +953

    As a Hungarian who was born in Hungary, I have to tell you that Hungary taxes people according to residency, not citizenship. I have lived for decades outside Hungary and did not have to pay Hungarian income tax at that time. Now that I have moved back I became a taxpayer again. If you are officially resident in Hungary you have to pay income tax on your worldwide income irrespective of your citizenship. Personal income tax is a flat 15%.

    • @spicychad55
      @spicychad55 11 місяців тому +59

      The issue with Hungary is its ties to Russia and the Hungarian president's weird politics. Eh.

    • @My_Old_YT_Account
      @My_Old_YT_Account 11 місяців тому +6

      There's an exception for the EU if I remember correctly, which is probably your case

    • @tamasfeher2772
      @tamasfeher2772 11 місяців тому +40

      @@My_Old_YT_Account If you're a Hungarian citizen only (not having other passports) and you live in a country that doesn't have a double taxation treaty agreement with Hungary then you have to pay tax in Hungary. You're right all the EU countries have double taxation treaty agreement with Hungary as many other countries do.

    • @knockknock1246
      @knockknock1246 11 місяців тому +3

      I almost moved there.

    • @thehun1234
      @thehun1234 11 місяців тому +97

      @@spicychad55 1. You are mixing up president with prime minister.
      2. There are several hundred thousand ethnic Hungarians living in the western part of Ukraine (that area was part of Hungary for thousand years until the end of WW1). Even during the Soviet era, those Hungarians were allowed to have Hungarian language schools and publish books and newspapers in Hungarian. It remained the same until very recently when the current Ukrainian government prohibited Hungarian language education and heavily restricted Hungarian publications. Even the EU protested, the Ukrainian response was "f... off", of course in diplomatic language.
      3. When Hungary joined the EU the country had to stop using coal fired power stations, mainly because the Germans demanded. So all power stations were converted to oil and the coalmines were closed. Oil is coming from Russia, Hungary has no ports to import oil from somewhere else. There is a small pipeline from Croatia that they are trying to improve, but it will be a while before the capacity will be big enough to substitute Russian oil.
      4. OK this is a bit off, but in 1956 when the Soviet troops put down the revolution the troops were mainly from Ukraine for the simple reason that they were the closest. Ukraine after gaining independence never even said sorry. We do not expect any compensation but if Germany still has to apologise for WW2, the Ukrainians should do the same for 1956.

  • @LangAmor
    @LangAmor 11 місяців тому +475

    Having Dutch citizenship is also one of the worst EU citizenships as they don't allow double citizenship (you're only allowed to have 2 EU citizenships, not a second citizenship from a country outside the EU unless you're married). That is insane for such an international culture. I met a Dutch Australian family. Their daughter wanted to study and live in the Netherlands. She only had Australian citizenship as the Dutch government didn't allow her to have Australian and Dutch citizenship. It became very complicated and expensive for her to live and study in the Netherlands even though she's of Dutch descent. One of her friends was an Irish Australian and she could study and live in the Netherlands without any issues as she could hold an Irish and Australian passport. This is beyond ridiculous!!!

    • @asmirann3636
      @asmirann3636 11 місяців тому +40

      Dual citizenship should not be allowed. Dual citizenship means dual loyalty or maybe no loyalty.
      People should have one passport, one citizenship and one loyalty.

    • @professional.commentator
      @professional.commentator 11 місяців тому +9

      ​@@asmirann3636 Yea I agree. Multiple citizenships overcomplicate people's allegiance to a country and it effectively makes them look stateless in the eyes of the governments.

    • @LangAmor
      @LangAmor 11 місяців тому +118

      @@asmirann3636 I see your point. I think we differ. I am a world citizen, I am in a way loyal to the world and I'm not tied to one country. That said have an abundant day.

    • @wavemaker2077
      @wavemaker2077 11 місяців тому +16

      She could have declared to be Dutch citizen. Australia accepts dual citizenship so there will be no problem in Australia if she is also a Dutch citizen.

    • @LangAmor
      @LangAmor 11 місяців тому +26

      @@wavemaker2077 Australia accepts it, the Netherlands doesn't. If she'd take Dutch citizenship, she'd lose her Australian one

  • @o__sama
    @o__sama 11 місяців тому +1317

    too much video editing/effects & camera changing too much, it is litteraly making me dizzy, other than that good video

    • @peterjames232
      @peterjames232 11 місяців тому +60

      It's cringe when they put letters in the screen and use that "hacked transmition effect".
      The camera is kinda making sex, it goes foward and backward, foward and backward, spooning it's dizzy

    • @netnomad47
      @netnomad47 11 місяців тому +57

      I don't mind good video editing but you're right the zooming in and out makes it annoying.

    • @irinamurmur
      @irinamurmur 11 місяців тому +30

      Wow, I thought it's only my opinion, then saw your comment

    • @midcenturymodern9330
      @midcenturymodern9330 11 місяців тому +26

      I had to turn off my monitor and just listen to this video. 😖

    • @AlanValencia1
      @AlanValencia1 11 місяців тому +9

      Good thing, this is a talking head video. I just play it and let sound off. I too hate the overbearing editing. Editing sucks, message is amazing.

  • @sborges433
    @sborges433 11 місяців тому +319

    Renounced my US citizenship a few years ago and got the IRS of my back. Best thing I have ever done!

    • @manuelillanes1635
      @manuelillanes1635 11 місяців тому +20

      where do u live now?

    • @user-gz4ve8mw9l
      @user-gz4ve8mw9l 11 місяців тому +33

      Nothing but a pipe dream alas for millions of us still. Glad you escaped though.

    • @ogeyrat
      @ogeyrat 11 місяців тому

      Dumbest thing you have ever done. US citizenship is the only thing protecting you in WW3 and you gave it up for stupid IRS reasons.

    • @somethowawayhandle
      @somethowawayhandle 11 місяців тому

      idiot

    • @lazar2949
      @lazar2949 11 місяців тому +29

      Exactly, the IRS. Im not from US, but recently one of my friends who also isnt from US(doesnt have citizenship either) opened an US company for his online business and i told him he is crazy because of IRS. So many people are fighting to get out of it and you are just going to jump into that hellish tax system and probably trap yourself for god knows how much. Glad you got out!

  • @cscs9192
    @cscs9192 11 місяців тому +405

    This video is ADHD qualified ✔️

    • @kimberiysmarketstrategy
      @kimberiysmarketstrategy 9 місяців тому +17

      Wait, aren’t we all ADHD qualified by just being on YT?

    • @michaelstewart1838
      @michaelstewart1838 9 місяців тому

      ​@@kimberiysmarketstrategy Touché

    • @WendyScape
      @WendyScape 8 місяців тому +1

      Lol! 😂

    • @Nomeado
      @Nomeado 3 місяці тому +1

      What in the hell means ADHD?

    • @samuel_saysske1355
      @samuel_saysske1355 3 місяці тому +2

      @@NomeadoAttention Defecit Hyperactivity disorder

  • @mawortz
    @mawortz 11 місяців тому +388

    As an Argentinean I can say that one thing is being citizen and another is having tax residency. If you don't live in Argentina for 12 months you are not required to pay taxes. Afterwards, you can visit for 90 days without gaining the tax residency back. So many people go to Uruguay for a year and then come back for periods of 3 months.

    • @MisterPyOne
      @MisterPyOne 11 місяців тому +8

      How is it for Uruguayans, I have also Uruguayan Citizenship, since I was born there, but I have also another Citizenship and have been living in that other country my whole life

    • @svetlanaerofeeva5661
      @svetlanaerofeeva5661 11 місяців тому +7

      Argentineans are subject to world income tax also and you cant exit this citinzeship

    • @dotneko9059
      @dotneko9059 11 місяців тому +16

      ​@@svetlanaerofeeva5661world income tax? I don't think so. After 180 days outside the country I'm not paying more taxes.
      It's true though that you can't renounce your citizenship.

    • @ElMundoDeHadesOK
      @ElMundoDeHadesOK 11 місяців тому +7

      @@dotneko9059 true but just having the citizenship doesn't mean much if you're not living in Argentina....my brothers have not lived here in DECADES and they dont pay Argentinean taxes

    • @quinosonic82
      @quinosonic82 11 місяців тому +13

      As soon as you move abroad and notify the argentine embassy you've set your residency somewhere else, you become a foreigner and pay taxes as such in Argentina (only if you have profits in Argentina) and as a resident where you've chosen to live.
      The moment someone decides to live in Argentina, no matter what citizenship he/she bares, and makes profit, thay will have to pay income tax and wealth tax (no double taxation if you have profits or wealth abroad). Argentine here myself with an expat brother.

  • @RafaelGomez-uq9zn
    @RafaelGomez-uq9zn 11 місяців тому +88

    I identified myself as a resident of Mars, so I don’t have to pay taxes anymore in this planet

    • @julierahn6932
      @julierahn6932 11 місяців тому +1

      lol !

    • @deank.4169
      @deank.4169 11 місяців тому +7

      that's fine, just don't show up for any of the services that the rest of us pay for.

    • @RafaelGomez-uq9zn
      @RafaelGomez-uq9zn 11 місяців тому +6

      @@deank.4169 what a racist comment 😂…. (Being sarcastic with all the nonsense going on lately)

    • @cushconsultinggroup
      @cushconsultinggroup 11 місяців тому

      Lol 😂

    • @shesaknitter
      @shesaknitter 8 місяців тому +5

      Don't give any of these earthly governments any ideas!

  • @orionspur
    @orionspur 11 місяців тому +375

    This channel is my daily weather report for authoritarianism. ✅

    • @juh6155
      @juh6155 11 місяців тому +52

      Stay far away from the wokeness.

    • @ReverendDr.Thomas
      @ReverendDr.Thomas 11 місяців тому +9

      authoritarian:
      essentially, a synonym for “dictator” (see that entry, below). Just as in the case of the term “dictator”, this word is most often used as a descriptor for a leader or a ruler who imposes his or her own will upon a population, almost exclusively in a NEGATIVE way.
      HOWEVER, it is important to understand that the term “authoritarian” originates from the root “author”, which simply refers to one who creates or originates something, via the word “authority”, which entails the right to give orders, make decisions, and enforce obedience. Therefore, genuine authoritarianism is a dharmic concept, because when one exercises his or her authority over his/her subordinates, it contributes to social cohesion. Indeed, human society cannot survive without proper authoritarian systems in place. It is absolutely imperative to very carefully read the Glossary entries for “dharma” and “authority” in this regard.
      Therefore, it is strongly suggested that English speakers use words such as “fascistic” and “tyrannical”, instead of using the unfairly-deprecatory terms “authoritarian” and “dictator”, in reference to rulers who exercise ILLEGITIMATE dominance over a populace.
      authority:
      the right to give orders, make decisions, and enforce obedience. See the Glossary entry for “author” for the etymology.
      The notion of AUTHORITY is intimately connected to the person or body that originates something. The author of a novel is, by definition, the preeminent AUTHORITY over his work. He has the AUTHORITY to dictate how his book ought to be published, promoted, and distributed. Furthermore, he has the AUTHORITY to delegate such rights to another person or company, if he desires.
      Likewise, a mother has full AUTHORITY over the children she (pro)creates. No sane individual would ever dare presume that a mother has no AUTHORITY over her own offspring! Similarly, as the head of his family, a father has the AUTHORITY to direct the actions of his wife/wives and his children. Of course, that father is not the ultimate authority on earth - he has his own masters, such as his own father, his uncles, his employer (if he is a worker), and most importantly, his spiritual master, all of whom should exercise their authoritative positions in relation to that father. Similarly, a true king (as defined in Chapter 21) has conditional AUTHORITY over his people, even if not every single one of his edicts is perfectly in accordance with dharmic (righteous) principles. A monarch’s AUTHORITY is compromised only in the event that his rule sufficiently devolves into some kind of unholy, fascistic tyranny. And if a king’s dominion was to devolve into such a tyranny, it would robustly imply that he was never a genuine monarch in the first place.
      Unfortunately, *authority* is often conflated with the notion of *power* , by both the masses, and in most dictionaries. Theoretically, any person or organization can display a force of power over another entity, yet that does not necessarily signify AUTHORITY. Thankfully, power does not always correlate with AUTHORITY. If that was the case, humble, gentle monks such as Gautama Buddha and Lord Jesus the Christ would, of necessity, have very little AUTHORITY, whereas powerful governments would have the AUTHORITY to dictate imperatives to its citizens, when in fact they do not, as they are almost exclusively illegitimate (that is, against the law, or dharma). N.B. Read Chapters 21 and 22 to understand the distinction between a legitimate government and an illegal government.

    • @usman62764
      @usman62764 11 місяців тому +2

      ​@@juh6155
      N 😅😅

    • @ReverendDr.Thomas
      @ReverendDr.Thomas 11 місяців тому +1

      @@juh6155, respected British anthropology professor, Dr. Edward Dutton, has demonstrated that “LEFTISM” is due to genetic mutations caused by poor breeding strategies.
      🤡
      To put it simply, in recent decades, those persons who exhibit leftist traits such as egalitarianism, feminism, gynocentrism, socialism, multiculturalism, transvestism, homosexuality, perverse morality, and laziness, have been reproducing at rates far exceeding the previous norm, leading to an explosion of insane, narcissistic SOCIOPATHS in (mostly) Western societies.

    • @juh6155
      @juh6155 11 місяців тому +1

      @@usman62764?

  • @dubongros3108
    @dubongros3108 11 місяців тому +153

    I heard of a lady whom had a US citizenship . Her parents walked away from the US when she was 4 . She is now an entrepreneur with money in another country so Uncle Sam wants to tax her , even though she has nothing to do with the US . The only solution the US gave her was to renouce her ctizenship ... It would only cost her a few thousand dollars .

    • @mrvwbug4423
      @mrvwbug4423 6 місяців тому +6

      So the US doesn't tax by citizenship per se, it taxes by where the money was made, but you still need to report your income to the IRS and pay taxes on any money made in the US even if you aren't currently residing there. So if you're running a business that operates in several countries as a US expat you'll need to pay US taxes on any money made by the US part of your business

    • @ZONEPRESSLLC
      @ZONEPRESSLLC 6 місяців тому

      depends if the country made a tax deal with US like Portugal and few others.@@mrvwbug4423

    • @KingRat71
      @KingRat71 6 місяців тому +13

      If I recall corrctly, the US taxes all income no matter where it is made BUT you write off taxes paid to a foregin government to avoid doible taxation. Alot of kids born to parents who used to be in the US on student visas or working here, who then moved home, get a surprise when they become adults and the IRS reaches out to them for the taxes they arent currently paying. It’s not the kids fault but it is the law and it is their parents fault for not telling them.

    • @afroabroad
      @afroabroad 5 місяців тому +8

      @@KingRat71they don’t i have worked outside of the US for the better part of a decade. You are required to file taxes but first $120,000 cannot be taxed by the irs. I haven’t filed every year and it’s something that could be ignored in some circumstances.

    • @mweskamppp
      @mweskamppp 5 місяців тому +2

      @@KingRat71 What if they do not intend to visit the USA anytime and ignore those pesky letters from the IRS?

  • @juangonzalezblanco8806
    @juangonzalezblanco8806 11 місяців тому +122

    Please, no more funny sound effects and zooming. It's a bit annoying. Besides that, great video, 100% agree

  • @CRUSADER168
    @CRUSADER168 11 місяців тому +449

    There is a lot of Russians and Ukrainians going to the Philippines lately because they can stay there for 3 years as tourists and just exit for 24 hours (Visa Run) Then return and start the process again for another 3 years. There’s also a community in other South East Asian countries. And Russians and Ukrainians living there are living in harmony as friends. P.S. The PH does not have any issues no matter what passport you have.

    • @kennethroth6757
      @kennethroth6757 11 місяців тому +26

      Americans can do that in Mexico

    • @themothers
      @themothers 11 місяців тому +6

      Interesting! Do you know the rules for other south east asian countries, and where?

    • @stevedavenport1202
      @stevedavenport1202 11 місяців тому +17

      I love the Philippines

    • @chrisk7118
      @chrisk7118 11 місяців тому +24

      Philippines is the country nomad capitalist should be focussed more on. Rapidly rising.

    • @dalecrowe5340
      @dalecrowe5340 11 місяців тому +11

      The exit permit system they have for foreigners who live there longer for two months sucks though. It can be a huge pain in the ass if immigration is in a bad mood.

  • @timmyhassett
    @timmyhassett 11 місяців тому +105

    Good info. Terrible editing. Please stop the zooms and sound effects. It's hard to watch.

    • @jws325
      @jws325 11 місяців тому +11

      this is the worst edited video I've seen in my entire life

    • @daneydasing4276
      @daneydasing4276 27 днів тому

      Same here

  • @DerpEye
    @DerpEye 11 місяців тому +175

    I'm Italian, and my ex gf lives and works in US now. Italians are taxed according to residency. She changed her residency to US a couple of years back, this brings some benefits regarding embassy assistance privileges and such. You won't be taxed in Italy anymore, but you'll also lose your privileges as a citizen, such as universal healthcare (to some degree).Whenever she gets back to Italy, she has to apply for a termporary healthcare pass which lasts a set period of time. In order to get your privileges back, you'll need to transfer your residency back to Italy. Apart from this, personally i would avoid US citizenship.

    • @echochamber1234
      @echochamber1234 11 місяців тому +20

      why? I live in Europe and quite frankly, it's only worth it if you are low income / in poverty. Anyone who is able bodied and has any education would be better off in the US.

    • @dragoneyr1632
      @dragoneyr1632 11 місяців тому +3

      @@echochamber1234 I have that feeling too

    • @hanswoast7
      @hanswoast7 11 місяців тому +36

      @@echochamber1234 wait until you get old or needy otherwise. systems that work on solidarity are way less stressful and got your back.

    • @E85stattElektro
      @E85stattElektro 11 місяців тому +7

      @@echochamber1234 Switzerland > USA

    • @echochamber1234
      @echochamber1234 11 місяців тому +1

      ​@@E85stattElektro yes, but Switzerland is not your typical European country.

  • @stevemyers2092
    @stevemyers2092 11 місяців тому +82

    Andrew, great vlog, ahhhhhhh might want to consider losing the sudden movements (zoom in/out) and the sound effects. This is not video a game and the people who watch your website likely do not play games often and are probably prone to vertigo - otherwise the editing is fine, audio is very good, everything else is looking good. We are here for the information. Period.

    • @edalarconreal
      @edalarconreal 11 місяців тому +1

      I think the delivery is great and the editing is perfect. If I didn’t like it, I would just move on instead of complain about free information, but that’s just me. Kept it up Andrew! 👏👏👏

  • @stephenburnage7687
    @stephenburnage7687 11 місяців тому +45

    Access to banking services is becoming as big an issue as expatriate taxation. Most Latin American countries will not allow you to open a local bank account without local income. It doesn't matter how much foreign income you have. Conversely, because of ever tightening KYC rules, US banks are closing the bank accounts of Americans and foreigners who can not declare their primary residence to be the US. The only option becomes an offshore banking jurisdiction but that is getting tougher too, as many stores refuse foreign credit cards and local banks charge excessive ATM fees on foreign cards, while imposing narrow daily withdrawal limits.

    • @alexfrost5220
      @alexfrost5220 11 місяців тому +7

      Have you tried a Revolut account or similar? They have a lot of different currencies available on their international account, certainly USD. Might be useful for you, depending on where you are.

    • @SoulEternalPeaceWarrior77
      @SoulEternalPeaceWarrior77 7 місяців тому +4

      Stephen as an example, what are your thoughts if you owned a home in Mexico & rented it out for income? Would that technically qualify as "local income" & would they let you open up a bank account? I'm assuming have duel citizenship would help this process right?

    • @stephenburnage7687
      @stephenburnage7687 7 місяців тому

      @@alexfrost5220 That would still count as a foreign credit card in most jurisdictions. Remember, the local ATM network is owned by a small group of local banks so anything that is not their own card is foreign to them. Their software may not recognize or process anything not issued by them or (more commonly), they will restrict withdrawals and charge high fees. The days of having a global Visa or Mastercard network, with the same privelages worldwide, are long gone.

    • @stephenburnage7687
      @stephenburnage7687 7 місяців тому

      @@SoulEternalPeaceWarrior77 Of course, every bank and every country has their own specific rules but across Latin America (generally) bank access is a difficult issue. I haven't tried opening a bank account in Mexico so can't speak from first hand experience but in Brazil, Argentina and Chile, they generally require you to be a minimum of a legal resident (and maybe a permanent resident) and to be able to demonstrate at least six months of local income. Given the large number of ex-pats in Mexico, there is a possibility that at least one of the local banks seek to provide banking services to foreigners but unless one of the ex-pat forums has some good advice, the only way is to walk into a bank and try to open an account.

  • @tomstarwalker
    @tomstarwalker 11 місяців тому +89

    In Finland, Norway, Sweden and Denmark you can avoid military service on religious and moral grounds. Finland is strict: religious grounds are examined by the court and moral grounds have an option of civilian service. If you're over 50, generally you don't have to do anything during a war unless it's your calling and passion and sweet things.

    • @ReverendDr.Thomas
      @ReverendDr.Thomas 11 місяців тому +7

      🐟 22. ILLEGITIMATE GOVERNANCES:
      SOCIALISM (and its more extreme form, communism) is intrinsically evil, because it is based on the ideology of social and economic egalitarianism, which is both a theoretical and a practical impossibility. Equality exists solely in abstract concepts such as mathematics and arguably in the sub-atomic realm. Many proponents of socialism argue that it is purely an economic system and therefore independent of any particular form of governance. However, it is inconceivable that socialism/communism could be implemented on a nationwide scale without any form of government intervention. If a relatively small number of persons wish to unite in order to form a commune or worker-cooperative, that is their prerogative, but it could never work in a country with a large population, because there will always exist entrepreneurs desirous of engaging in wealth-building enterprises. Even a musician who composes a hit tune wants his song to succeed and earn him inordinate wealth.
      Socialism reduces individual citizens to utilities, who, in practice, are used to support the ruling elite, who are invariably despotic scoundrels, and very far from ideal leaders (i.e. compassionate and righteous monarchs). Those citizens who display talent in business or the arts are either oppressed, or their gifts are coercively utilized by the corrupt state. Despite purporting to be a fair and equitable system of wealth distribution, those in leadership positions seem to live a far more luxurious lifestyle than the mass of menial workers. Wealth is effectively stolen from the rich. Most destructively, virtuous and holy teachings (“dharma”, in Sanskrit) are repressed by the irreligious and ILLEGITIMATE “government”.
      The argument that some form of government WELFARE programme is essential to aid those who are unable to financially-support themselves for reasons beyond their control, is fallacious. A righteous ruler (i.e. a saintly monarch) will ensure the welfare of each and every citizen by encouraging private welfare. There is no need for a king to extort money from his subjects in order to feed and clothe the impoverished. Of course, in the highly-unlikely event that civilians are unwilling to help a person in dire straits, the king would step-in to assist that person, as one would expect from a patriarch (father of his people). The head of any nation ought to be the penultimate patriarch, not a selfish buffoon.
      DEMOCRACY is almost as evil, because, just as the rabble favoured the murderous Barabbas over the good King Jesus, the ignorant masses will overwhelmingly vote for the candidate which promises to fulfil their inane desires, rather than one which will enforce the law, and promote a wholesome and just society. Read Chapter 12 for the most authoritative and concise exegesis of law, morality, and ethics, currently available.
      Even in the miraculous scenario where the vast majority of the population are holy and righteous citizens, it is still immoral for them to vote for a seemingly-righteous leader. This is because that leader will not be, by definition, a king. As clearly and logically explicated in the previous chapter of this Holy Scripture, MONARCHY is the only lawful form of governance. If an elected ruler is truly righteous, he will not be able to condone the fact that the citizens are paying him to perform a job (which is a working-class role), and that an inordinate amount of time, money and resources are being wasted on political campaigning. Furthermore, an actual ruler does not wimpishly pander to voters - he takes power by (divinely-mandated) force, as one would expect from the penultimate alpha-male in society (the ultimate alpha-male being a priest).
      The thought of children voting for who will be their parents or teachers, would seem utterly RIDICULOUS to the average person, yet most believe that they are qualified to choose their own ruler - they are most assuredly not. Just as a typical child fails to understand that a piece of sweet, juicy, healthy, delicious fruit is more beneficial for them than a cone of pus-infested, fattening, diabetes-inducing ice-cream, so too can the uneducated proletariat not understand that they are unqualified to choose their own leader, even after it is logically explained to them (as it is in this chapter, as well as in the previous chapter). And by “uneducated”, it is simply meant that they are misguided in the realities of life and in righteous living (“dharma”, in Sanskrit), not in facts and figures or in technical training. Intelligence doesn't necessarily correlate to wisdom. No socialist or democratic government will educate its citizens sufficiently well that the citizens have the knowledge of how to usurp their rule.
      To put it frankly, democracy is rule by the “lowest common denominator”.
      It should be obvious that ANARCHY can never ever succeed, because even the smallest possible social unit (the nuclear family) requires a dominator. Any family will fall-apart without a strict male household head. In fact, without the husband/father, there is no family, by definition. The English noun “husband” comes from the Old Norse word “hûsbôndi”, meaning “master of the house”.
      The same paradigm applies to the extended family, which depends on a strong patriarchal figure (customarily, the eldest or most senior male). Likewise with clans, tribes, villages, towns, cities, and nations or countries.
      Unfortunately, there are many otherwise-intelligent persons who honestly believe that an ENTIRE country can smoothly run without a leader in place. Any sane person can easily understand that even a nuclear family is unable to function properly without a head of the house, what to speak of a populous nation. The reason for anarchists' distrust of any kind of government is due to the corrupt nature of democratic governments, and the adulteration of the monarchy in recent centuries. However, if anarchists were to understand that most all so-called “kings/queens” in recent centuries were not even close to being true monarchs, they may change their stance on that inane “system”.
      Most of the problems in human society are directly or indirectly attributable to this relatively modern phenomenon (non-monarchies), since it is the government’s role and sacred DUTY to enforce the law (see Chapter 12), and non-monarchical governments are themselves unlawful.
      One of the many sinister characteristics of democracy, socialism, and other evil forms of governance, is the desire for their so-called “leaders” to control, or at least influence, the private lives of every single citizen (hence the term “Nanny State”). For example, in the wicked, decadent nations in which this holy scripture was composed, The Philippine Islands and The Southland (or “Australia”, as it is known in the Latin tongue), the DEMONIC governments try, and largely succeed, in controlling the rights of parents to properly raise, discipline and punish their children according to their own morals, compulsory vaccination of infants, enforcing feminist ideology, limiting legitimate powers an employer has over his servants, subsidizing animal agriculture, persecuting religious leaders (even to imprisonment and death, believe it or not. Personally, I have been jailed thrice for executing God’s perfect and pure will), and even trying to negatively influence what people eat and wear.
      Not that a government shouldn’t control what its citizens wear in public, but it should ensure that they are MODESTLY dressed, according to the guidelines outlined in Chapter 28, which is hardly the case in Australia, the Philippines, and similar nations. At least ninety-nine per cent of Filipinas, for instance, are transvestinal, despite Philippines pretending to be a religious nation.
      Cont...

    • @Jaegerrants
      @Jaegerrants 11 місяців тому +2

      Point about service in Finland, geting religious exeption is limited to only few religions, also rewgionally if you have lived in Åland for at least 5 years prior to invitation (i recall it went like that) you are also exempt due to Ålands status as demilitarized.
      But option for Civilian Service exists to all, not only for religiou believes, you don't have to serve in military (which also includes unarmed service option) alternative if you are a dirty leech to the system with no intention to contribute you can go to jail for an year, no permanent record so it has ZERO efect in your life. Now the limit for men and voluntary women is between 18 and 28. So be old when you aply for citizenship... oh yeah we got unit for those who don't speak Finnish so don't think that's going to give you free pass. Also for migrant great way to get a bonding agent with natives. We love sharing army stories with one another.

    • @tomstarwalker
      @tomstarwalker 11 місяців тому +1

      @@Jaegerrants the criminal record for totalling is five years.

    • @fungo6631
      @fungo6631 11 місяців тому +3

      ​@@ReverendDr.ThomasWTF is this. I gotta test how easy it is to bait the religious bots

    • @fungo6631
      @fungo6631 11 місяців тому

      Huh? Doesn't only Finland have mandatory military service?

  • @TheSimArchitect
    @TheSimArchitect 11 місяців тому +246

    Well, being stuck with any citizenship is just awful. Nobody should ever be forced into it. It's like those governments owning you, no matter where you go.

    • @doodlegassum6959
      @doodlegassum6959 11 місяців тому

      Like slave by birth, except with a gold star

    • @koala2464
      @koala2464 11 місяців тому +35

      They owned you from the day your birth certificate was lodged.

    • @bepitan
      @bepitan 11 місяців тому +38

      who gave who the right to draw a line on the earth and then decide who can cross it ...just because a bunch of people gang up to call themselves a country by force doesn't make it right.

    • @TheSimArchitect
      @TheSimArchitect 11 місяців тому +5

      @@bepitan Amen! 👏🏻👏🏻

    • @TheSimArchitect
      @TheSimArchitect 11 місяців тому

      @@koala2464 Can't deny it, sadly, it's something more clear in countries where you have mandatory things like conscription. Thankfully most civilized countries allow you to forfeit your citizenship. Some might require you to be property of another state first, but having no passport is surely a problem (intentionally) as well as having no fixed residency anywhere (for tax purposes). You can't just be resident nowhere to avoid paying taxes anywhere if you have any income or investments. I understand why they do it, though. If you're wealthy enough it makes no sense to pay taxes where you can just afford using private out of pocket services. It's not like you'll receive the best care or education for free anywhere (good is not the best, if you're stuck with everybody else you're likely going to be another worker bee, I didn't escape it and so won't most people born outsider).

  • @magnamentis
    @magnamentis 11 місяців тому +56

    Spain = Citizenship based taxation and obligation to reveal any assets.
    Switzerland = various obligations that can become an annoyance and depending on age and other factors like sex, means once cannot simply stay away and come back without risk of even being "arrested" it's calle "Aufenthalstnachforschung" means evaluation of place of living or stay. (happened to me once, after that I startet to stick to the minimum obligations but they still ask way too many question each time they get a hold, i.e. passport renewals.
    Switzerland = mandatory military serves OR YOU PAY according to income, means extra tax or you have to provide certain civil services to compensate, either way, not as free as it seems on first glance, be aware.

    • @Nilguiri
      @Nilguiri 11 місяців тому

      Where did you get that nonsense about Spain. You just pulled it out of your culo, didn't you.

    • @fernandodelcuadro
      @fernandodelcuadro 6 місяців тому +5

      If you are a Spanish citizen living abroad you have to register in your consulate and that will exempt you from paying taxes in Spain. I’m a Spanish citizen living in Chicago and I don’t get taxes by Spain

    • @transforgoku
      @transforgoku 5 місяців тому +3

      One problem I see with obtaining spanish citizenship is that it only allows dual citizenship for people from former colonies, so beware if you're from a different place and want to get spanish passport...

    • @ThePatriot-gm1fg
      @ThePatriot-gm1fg 4 місяці тому +1

      If you live abroad as a Swiss citizen (especially as an overseas Swiss) you have zero obligations or any additional questions asked.

    • @EmisoraRadioPatio
      @EmisoraRadioPatio Місяць тому

      I'm a dual citizen with Spanish citizenship and I don't have to file anything with Spain

  • @patriciaburgess6342
    @patriciaburgess6342 8 місяців тому +23

    My friends renounced their American citizenship because they had to pay US taxes while living for years in Australia. They were reluctant to but are glad they did considering the mess the States is in.

    • @mrvwbug4423
      @mrvwbug4423 6 місяців тому +5

      That means they were likely making their money in the US, or the US doesn't have a tax treaty with Australia.

    • @jonathonhoggarth6473
      @jonathonhoggarth6473 28 днів тому +1

      Usa is doing might fine finance relative to other nations! I'll take usa citizenship anyday

  • @GraemeSurveillance
    @GraemeSurveillance 11 місяців тому +152

    I'm very lucky to have triple Citizenship. I'm from Northern Ireland, so we are entitled to both British and Irish citizenship. I also just obtained my Canadian citizenship last year.

    • @nomadcapitalist
      @nomadcapitalist  11 місяців тому +21

      Congratulations.

    • @MsK-xm7vw
      @MsK-xm7vw 11 місяців тому +55

      It’s unfortunate that your third citizenship is Canadian. Although I would have ensured that my third citizenship wasn’t another Crown corporation. Having all three citizenship’s under the British Crown still makes you as vulnerable as you were with your Irish citizenship alone.

    • @GraemeSurveillance
      @GraemeSurveillance 11 місяців тому +19

      @@MsK-xm7vw don't be jealous lol

    • @MsK-xm7vw
      @MsK-xm7vw 11 місяців тому

      @@GraemeSurveillance Jealous! You’ve chosen citizenship in three different countries under the same WEF King!
      I’m never jealous of stupidity!
      😅😂🤣

    • @owenready7043
      @owenready7043 11 місяців тому +7

      Me too from Belfast, NI. I also have Canadian citizenship by descent from my parents and also possibly Hungarian from my mother.

  • @brookside109
    @brookside109 11 місяців тому +16

    that's why I have hesitated from getting US citizenship. I'm looking to retired in couple of years and want to move overseas, don't want to keep paying taxes here.

  • @quivop7759
    @quivop7759 11 місяців тому +20

    I have argentinean and European citizenship and I don't live there and I am not forced to pay any taxes to the argentinean government because only residens do. It's not like the USA. I have many American friends who are forced to pay taxes there even when they don't live in the USA. On top of that if I go there I can use their public health care, education, etc. Americans who live abroad get nothing from the country and pay taxes.

    • @elena79rus
      @elena79rus 7 місяців тому

      Argentina sounds exactly like Russia.

  • @fionawillis2104
    @fionawillis2104 11 місяців тому +222

    Polite request to Andrew - Please could you stop all this crazy editing. It distracts hugely from your excellent content and makes it impossible to watch without giving yourself a headache. Otherwise, the video would have been superb.

    • @stellafamos2463
      @stellafamos2463 11 місяців тому +21

      They finally took away the music, now they torture us with this, lol. He was better off without this crew apparently.😁

    • @leaozinhaCD
      @leaozinhaCD 11 місяців тому +7

      Thank you, just what I was thinking! I only made it to 3 minutes (which seemed like 30), it was making me nauseous.

    • @1queijocas
      @1queijocas 11 місяців тому +11

      No zooms, no sound effect. Just him and the camera are perfect

    • @danstrayer111
      @danstrayer111 11 місяців тому +8

      what is the purpose of having a new image every 1-3 seconds?? Unwatchable. Oh now I remember: that's the attention span of most Americans

    • @frankfarago2825
      @frankfarago2825 11 місяців тому +2

      His video editor just came down with Parkinson's Disease, give him a break.

  • @MsK-xm7vw
    @MsK-xm7vw 11 місяців тому +463

    I was surprised that you didn’t include Canada in your assessment. There are huge red flags to consider when talking about a Canadian citizenship, and it’s only going to get worse!

    • @owenready7043
      @owenready7043 11 місяців тому +16

      What do you think will happen with regards to Canadian citizenship? Other then maybe possibly citizenship based taxation?

    • @daryl9799
      @daryl9799 11 місяців тому +36

      I've been here for 46 years agreed

    • @nickpierson8317
      @nickpierson8317 11 місяців тому +169

      Born and raised Canadian. I strongly recommend not coming to Canada. It's not the Canada that it used to be, nor the Canada that the government markets to the world

    • @daryl9799
      @daryl9799 11 місяців тому +16

      @nickpierson8317 💯 also born and raised

    • @nickpierson8317
      @nickpierson8317 11 місяців тому +70

      @@daryl9799 it's sad tbh. I'm leaving this year though God willing. It's becoming a modern world slaveship. True Dictatorship. I wish it was hyperbole. People used to be much friendlier. The cost of living is not worth it for 95% of people. Cheers Daryl. Good luck out there

  • @dominic6055
    @dominic6055 11 місяців тому +47

    I've long ago had the feeling that having a citizenship is becoming more and more a liability, not an asset. That's why I believe the best strategy is to live in another country different than your citizenship.

    • @nomadcapitalist
      @nomadcapitalist  11 місяців тому +5

      Good point.

    • @piretkivi3218
      @piretkivi3218 7 місяців тому +2

      Different countries do not share information unless they have an agreement. You can earn a lot of money in another country and be considered a beggar in your own. This can be beneficial to some people.
      Why would you want to give information to a country the country has no means of finding out on its own?

  • @ColFu
    @ColFu 11 місяців тому +30

    You should fire your video editor. The last few videos have been a disaster - background music, too much unnecessary edits. Just no!

  • @351yt
    @351yt 11 місяців тому +46

    Great video, it also works as a test for epilepsy.

  • @cathychan2814
    @cathychan2814 11 місяців тому +41

    As a foreigner I would avoid citizenship of 3 countries like a plague...1. America 2. UK 3. Canada

    • @corwin.macleod
      @corwin.macleod 11 місяців тому +14

      Add Australia to the list lol.

    • @eralec
      @eralec 11 місяців тому +1

      Why UK too? I am looking at it right now

    • @jschreiber6461
      @jschreiber6461 11 місяців тому +1

      @@eralecLook at the poster’s name. There’s a reason why for decades the wealthy have set up base in the UK as non tax residents. If you have money and not from a country the UK is sour with, it’s heavenly. If you are poor, find some place else, eg EU

    • @stevebarlow3154
      @stevebarlow3154 11 місяців тому +1

      America I can understand, But the UK and Canada? They are both stable democracies, with decent health care and relatively low crime rates. Both are actually nice places to live and work, unlike some of the countries being mentioned for a second passport. There are also a substantial number of former US citizens living in the UK who have renounced their original citizenship to become British citizens!

    • @Antiteshmis
      @Antiteshmis 11 місяців тому

      @@jschreiber6461 We are talking about citizenship :/

  • @Iefita
    @Iefita 11 місяців тому +29

    You can renounce argentine citizenship as long as you are not a native (AKA born in Argentina) or Argentino por opción (opted to be argentine, AKA, children born abroad of an argentine citizen)
    If you are naturalized argentine, you 'll need a lawyer to renounce it but is totally doable and also, naturalized argentines can LOSE their citizenship, is not common that a judge would follow that way as long as you are not a terrorist or a major treat but is legally possible. They not gonna take your citizenship away just for not paying taxes, but is important to know that IT IS POSSIBLE for a judge to take it out. Stop misinforming plz, in this regards there are differences between natives and naturalized that you never adress.

  • @clockwatch5222
    @clockwatch5222 11 місяців тому +21

    OK, I agree with the other comments. The visuals hurt my eyes so much I clicked out after 30 seconds in.

    • @jeffbguarino
      @jeffbguarino Місяць тому +1

      I didn't notice anything until I came to the comments. What does bother me is the hang signers , I get an instant headache when they stand there waving their arms around. Far far too distracting and there is CC so you don't need hand signing.

  • @sirgalahad2
    @sirgalahad2 11 місяців тому +44

    On the Argentina part. People freak out when they hear that, but as he alluded to, the Argentinian government cannot tax their own citizens that live in their country. The government is way too weak to ever come after you for anything. And in that case, having it unable to be stripped it a perk as you always have a travel document/citizenship/place to go to and you cannot be fully cut off if you get into any trouble and the global system wants to shut you down.
    Food for thought.

    • @alkriman4182
      @alkriman4182 11 місяців тому +8

      @sirgalahad2 writes "government is way too weak to ever come after you for anything." We who lost friends in the dirty war bitterly disbelieve this. And coming after you with electronic fund transfers has been no trouble at all in recent years.

    • @HoDLum
      @HoDLum 11 місяців тому +8

      Of course it can.. That what Common Reporting Scheme is for, Argentina can request information on their citizens' foreign bank accounts anytime and they can use that information to audit tax returns etc. They are not doing it now on large scale but it would be foolish to assume Argentine government will remain weak forever.

    • @carolina-ferrari
      @carolina-ferrari 11 місяців тому +3

      Yo anyone who isn’t Argentinian this would sound insane but as a citizen this just made me laugh! We are unable to collect taxes from residents and the government doesn’t seem to interested to end this as half the countries economy is “informal”

    • @sirgalahad2
      @sirgalahad2 11 місяців тому +3

      @@carolina-ferrari Exactly. Almost everyone I know doesn't pay, uses cash, blue rate, etc. I have a hard time believing that if they cannot enforce within their own country to even half the population, how will they get those that leave and live elsewhere?
      Sure, if you are a high-profile billionaire they can dedicate specific resources to you perhaps, as can any country. But those people are not watching Nomad Capitalist. For 99.9% of viewers, the Argentinian government doesn't pose an issue to them.
      So all that's left is a decent travel document that cannot be taken from you. And it's got great weather, lovely culture, and even better people tied to it.

    • @HoDLum
      @HoDLum 11 місяців тому

      @@carolina-ferrari Because you are reading without understanding.. As someone considering immigration and naturalization in a country that prohibits renunciation, one needs to seriously consider the consequences for decades to come. Countries change, policies change and even fallen states like South Africa can have very aggressive tax regimes.

  • @arzigogolato1
    @arzigogolato1 11 місяців тому +26

    I'm surprised you didn't mention as a first problem: countries that don't allow you to have a second citizenship and therefore force you to give up your current one...

    • @Joao-id4dn
      @Joao-id4dn 5 місяців тому

      like Austria and the Netherlands

  • @dovoso5685
    @dovoso5685 11 місяців тому +38

    Great video and there is 1 more thing= There are countries who do not allow dual citizenship. If you get their passport, you must give up your current one, which is not always recommended.

    • @zsqduke
      @zsqduke 5 місяців тому +1

      It’s usually not enforced. You just have to say you renounced. They have no way to verify

    • @dovoso5685
      @dovoso5685 5 місяців тому

      Many countries do know and do inforce

    • @talidu8b
      @talidu8b 5 місяців тому +2

      Austria greeting here and enforcing as hell! You can get stuck with NO citizenship if found out.

  • @keangwooichoo6138
    @keangwooichoo6138 11 місяців тому

    Thanks andrew for all the knowledge you gave.

  • @david-reason
    @david-reason 11 місяців тому +9

    It's fun how "No Taxation Without Representation" is totally forgotten when U.S. Citizens live outside the U.S. Double standards?

    • @TysonJensen
      @TysonJensen 5 місяців тому

      Technically false. US citizens living outside the US have the right to representation, and to vote. It's a PITA, but you can vote in US elections if you have US citizenship from wherever you are. Of course, some states don't like that... but... There are plenty of people taxed without representation -- people in the US without citizenship. They pay tax, and get no reps.

  • @xddd9921X
    @xddd9921X 11 місяців тому +42

    I don't know if it's just because im on the spectrum lol but the sound effects were really quite invasive and distracting.. Otherwise great vid.

    • @alldo-nc2fd
      @alldo-nc2fd 11 місяців тому +7

      Yeah it makes me sick 🤢 too

  • @ReverendDr.Thomas
    @ReverendDr.Thomas 11 місяців тому +11

    Thanks, Andrew. Keep them coming! ❤

  • @coticothebest
    @coticothebest 11 місяців тому +51

    I got an Argentinian passport after finishing university. I lost count how many times it saved my ass

    • @KoDeMondo
      @KoDeMondo 11 місяців тому +9

      How

    • @peterwu5091
      @peterwu5091 11 місяців тому +6

      How?

    • @coticothebest
      @coticothebest 11 місяців тому +16

      I studied in Argentina all 4 years and worked there for another and I qualified for citizenship (I’m American)

    • @vsabadazh
      @vsabadazh 11 місяців тому +1

      @@coticothebest did you speak Spanish at the time of starting your studies?

    • @coticothebest
      @coticothebest 11 місяців тому +9

      @@vsabadazh yes, its required. If you’re a foreigner you will have to take a Spanish proficiency test 👍🏻

  • @chineseboxer108
    @chineseboxer108 11 місяців тому +40

    Avoid Canada until there is a new federal government.

    • @daryl9799
      @daryl9799 11 місяців тому +14

      The disaster has been made already too late.

    • @febsign6110
      @febsign6110 11 місяців тому

      Canada has tuned into a cesspool of woke liberal trash. I can’t wait to sell and leave.

    • @deank.4169
      @deank.4169 11 місяців тому

      Nope. Just leave now. No one will miss you!

    • @MrUntapishtim
      @MrUntapishtim 11 місяців тому +1

      Too late. We might have one more reasonable government, but that's it.

    • @Gura.aaaaaa
      @Gura.aaaaaa 3 місяці тому +1

      Canadians need to wake up and start protesting your government. Stop being so weak and start being more active.… fight for your country. I genuinely don’t understand the defeatist attitude among Canadians. You are still living in a democratic country where you have the freedom to criticise your government. I work with many Canadians and all they do is cry and complain about how bad Canada became but they are not willing to do ANYTHING to change it. Honestly I’m sorry but you deserve it. But hey maybe bring some more immigrants from muslim countries I’m sure it would help your society, economy and of course crime level!🙂

  • @toshiaki10419
    @toshiaki10419 11 місяців тому +14

    As an Argentine, I so knew we'd be on this list. However, taxes would be the least of my worries. The people who evade the most here are actually politicians and their lackeys and I assure you that isn't changing in the next 100 years. If there's something they're never going to do is to shoot themselves on the foot requesting such a thing as paying taxes from overseas. Moreover, our equivalent to the IRS is a joke. Still, I wouldn't recommend living here at all, which is required for citizenship 🤷

    • @simonradowitzky4837
      @simonradowitzky4837 11 місяців тому +3

      Oh please. This is an awsome country to live in.

    • @olderandwiser127
      @olderandwiser127 8 місяців тому +1

      @@simonradowitzky4837 tell me more. I'm considering it. My wife is Argentinian so no problem legally immigrating. Banking worries me, though, since we'll depend on retirement income from usa.

    • @mrvwbug4423
      @mrvwbug4423 6 місяців тому

      And I'm sure the already rampant tax evasion is about to get 1000 times worse under Milei. Ancaps usually oppose any form of taxation on principle. He seems to want to turn Argentina into a tax haven.

  • @jayehum5019
    @jayehum5019 5 місяців тому +7

    I married a Canadian and we had two children in Canada. Both kids have duel nationality. I couldn't get Canadian citizenship without giving up my Australian citizenship. (I am 5th generation Australian.) My husband, whose parents were both born in Scotland, had Canadian, EU and Australian citizenship. I feel cheated! 😒😄

  • @arthurwatts1680
    @arthurwatts1680 11 місяців тому +65

    Most Greek-Australian men know that they can be forced to do national service if they go back to Greece, even if they don't plan to stay there. Most accept it and do their duty, but I know one guy who can't go back for fear of being arrested. Doesn't matter how many passports you have if you can never go back to the country you were born in.

    • @kittyplayz_ytcat
      @kittyplayz_ytcat 11 місяців тому +3

      I heard my hubby talking about that...his father was greek American (he passed away) but...he was carefuñ not to go back with his 2 sons.

    • @socialgadfly5305
      @socialgadfly5305 11 місяців тому +6

      This isn’t true, I got exempt from doing military service, got my passport before 18 and visit Greece most years and never had a single problem. I have my exemption forms but because Greece isn’t my permanent home, they issued me with military conscription exemption which only ever kicks in when applying to renew my passport, they ask for this form. That is the only hiccup. I got my citizenship through my father and hold duel citizenship.

    • @socialgadfly5305
      @socialgadfly5305 11 місяців тому +6

      When Greece joined the EU, those hardline positions were dropped in favour of more progressive approaches to citizenship. Whilst conscription is mandatory for a Greek born person, conscription or forced conscription on duel citizenship people was dropped. At least in my case it was. It was a worry but never ever had a problem -at least not yet.

    • @arthurwatts1680
      @arthurwatts1680 11 місяців тому +3

      @@socialgadfly5305 Great - I'll let him know, but I dont know that it applies to someone his age, esp as he was born in Greece. His cousin seems adamant that he will be arrested if he ever goes back - a lot of history with those two.

    • @socialgadfly5305
      @socialgadfly5305 11 місяців тому +3

      @@arthurwatts1680 agh if he was born in Greece then yes it might be a problem. The whole point of issuing me with military conscription exemption was that I wasn’t Greek born and that I lived abroad.

  • @alexandersp.5353
    @alexandersp.5353 11 місяців тому +28

    In Austria you can instead of serving for the military also do an Austrian Service Abroad. Its a program with closely works with the foreign ministry and lets you go around the world.

    • @eyeswideopen7777
      @eyeswideopen7777 11 місяців тому +2

      Sounds cushy

    • @donkeysaurusrex7881
      @donkeysaurusrex7881 6 місяців тому

      Why would anyone not do that?

    • @peterkolta1207
      @peterkolta1207 5 місяців тому +1

      You can also leave the country early enough and take the advantage of the Austrian passport and skip any kind of service (I did that). I'm in Asia where I have my permanent visa already, however I still don't want to trade my Austrian passport for another citizenship, my kids have dual citizenships.
      I would never join a military service I'm not the tool of a government.

  • @Jughead24
    @Jughead24 11 місяців тому +35

    Andrew, it's been awhile since I have watched one of your videos. I've enjoyed many and found them informative. This video was difficult to watch because of the editing. You might want to have another look at it.

  • @nvn__
    @nvn__ 11 місяців тому +4

    Fantastic job as usual. Keep up the great work 🎉

  • @stevenbeck7282
    @stevenbeck7282 11 місяців тому +10

    The new video editing is a bit distracting. Might want to cut it back a little.

  • @ValkyrieStryker
    @ValkyrieStryker 11 місяців тому +14

    I love your very informative videos but this recent style of editing is very distracting and detracts from the value you provide. The zoom in, additional text and sounds effects, and video overlays all really detriment my viewing. It would make sense for a short or a TikTok video but not for a long form UA-cam video of the length you tend to do.
    I don't mind the video overlays, but only if it adds value to the points you're doing.
    I very much appreciate your content and the services you provide! I might end up hiring you guys to help me get my citizenship by descent.

  • @silentman-ze3gu
    @silentman-ze3gu 11 місяців тому +12

    Singapore. No jab no job. Will never forget. Singapore also has mandatory conscription at age 18

    • @daniyalbbd5281
      @daniyalbbd5281 11 місяців тому

      Singapore is a one party state with benevolent dictatorship

  • @jerry3790
    @jerry3790 11 місяців тому +34

    The nice thing about US citizenship for me is that I always pay less income tax than otherwise as they have a bunch of tax treaties to stop double taxation, and since I’m not living in the US I don’t pay any state tax making it even cheaper.

    • @TomBTerrific
      @TomBTerrific 7 місяців тому +9

      I agree. I don’t get it. Im retired now and a US citizen. I’m not super rich but living pretty good. My fear is getting dual citizenship and getting hammered by Germany should I decide to live there or somewhere else in the EU.

    • @paulm2467
      @paulm2467 7 місяців тому +3

      @@TomBTerrificeverywhere else people only pay tax to the country that they live in, we don’t have to worry about it. It’s only a problem because you live in one of the only countries that tax its citizens no matter where you live, the USA (the other one is Eritrea).

    • @alchemira
      @alchemira 6 місяців тому +3

      @@TomBTerrific In your case, Portugal may be the ideal country to live in: The quality of life is quite high, the cost of living is rather low, it's the closest EU country to the US, and they give you 10 years of tax-vacation (non habitual resident scheme). The Portuguese language is more difficult than Spanish, but Portugues people usually speak far better English than the Spaniards.

    • @marvelv212
      @marvelv212 5 місяців тому

      US is the worst

    • @robertgerchalk5940
      @robertgerchalk5940 5 місяців тому

      Good but one thing you have to watch is they require you to pay 15% Self-employment tax (Social Security, FICA) on any earned income throughout the world. There are tax treaties to avoid double taxation on income, but just some countries have "Totalization treaties" with the US covering SS tax.

  • @cheflockdowntuscany
    @cheflockdowntuscany 11 місяців тому +2

    Absolutely fantastic content will be reaching out.

  • @trjberg
    @trjberg 11 місяців тому +8

    AFAIK, US citizens here in Sweden have big difficulties getting bank accounts here due to the very large administrative burden and other problems US causes because of it.

    • @christinecharbonneau4448
      @christinecharbonneau4448 10 місяців тому +4

      US Citizens in Switzerland, too. Also Swiss residents of the US cannot easily get bank accounts in Switzerland. My mother gets AHV, Swiss Social Security that they send but cannot have it deposited in a Swiss account-even if she pays taxes on the income in the US. Giant mess.

    • @erraldstyler
      @erraldstyler 6 місяців тому +2

      probably in any country that "cooperates" with the states

  • @MikeLaBelle
    @MikeLaBelle 11 місяців тому +10

    Less edits / transitions brother. Appreciate the content +

  • @danyasimkus184
    @danyasimkus184 9 місяців тому +7

    Holy moly please stop with the effects… I am blind and just listen to you… And the squeaking and bleeping noises in the middle of what you are saying… It is terrible. I really enjoy listening to you, you are interesting all on your own. You do not need any of that.
    I apologize, I could not listen through to the end, The sound effects were too distracting. Please consider going back to the way you were doing it before. Please forgive me if I have been rude. I appreciate your work very much, thank you for your insights!

  • @SMoore-vj7bt
    @SMoore-vj7bt 11 місяців тому

    Timely follow-up from the comments on the prior video. What about countries instituting wealth taxes such as Colombia?

  • @englishwithmiranda
    @englishwithmiranda 6 місяців тому +2

    I have been living and working as a US citizen in Austria for over 20 years and have never had to pay US taxes. I do have to file us taxes, which can be annoying, and opening an Austrian bank account has become incredibly bureaucratic due to US laws. It's also a headache to invest euros here because everything has to go through the IRS.
    I've considered giving up my US citizenship because Austria doesn't allow dual citizenship. Renouncing US citizenship is also quite costly - 3-4k. Since i dont have sons, military service isnt an issue.

  • @SeniorRed
    @SeniorRed 11 місяців тому +8

    Nomad there's something that I've been trying to figure out for a while and that is, what countries are best for the disabled to move out to? Laws in most countries are still pretty blurry at how they treat their disabled population and while not terrible it's not the bes either, but I can't still find a proper country or options to have in mind when wanting to move out.

    • @williamshaw8106
      @williamshaw8106 9 місяців тому +2

      👍 and service dog laws also!! 🐶

  • @baronsilverbaron757
    @baronsilverbaron757 8 місяців тому +3

    Just watched this and it has put me off having dual citizenship. I'm English living in France with a residence permit. If I had unlimited funds I would have a residence in Isle of Man and then I would just become a permanent tourist. Every country loves tourists.

  • @mattanderson6672
    @mattanderson6672 11 місяців тому +1

    Thank you Sir!!

  • @FionaOfMountLawley
    @FionaOfMountLawley 11 місяців тому +4

    There are currently only three nations which have citizenship based taxation. That is to say, a citizen of that country must file annual tax returns regardless of whether they have resided (and earned income) in that country in the twelve months prior to filing date. Those nations are the United States of America, the Peoples Republic of China and the State of Eritrea. Everywhere else taxation obligation is tied to residence rather than citizenship.

  • @CraigPaulWilson
    @CraigPaulWilson 11 місяців тому +5

    1:30 Interesting example to choose when the USA and Eritrea are the only two countries in the world who follow such a taxation approach. No one else taxes their citizens everywhere.

    • @redragna3648
      @redragna3648 6 місяців тому

      You can literally just not file and there isn't much they can if you are a citizen of another country. Well at least not much they can do to me since I was "technically" born in another country (parents were travelling) and that's what it says on the passport of my ne citizenship.

  • @ddmozz
    @ddmozz 11 місяців тому +10

    I'm from Argentina. Evading taxes and non compilance is a national sport, and that's assuming you live here. If you don't then just... lol

    • @mtngrl5859
      @mtngrl5859 11 місяців тому +5

      One of the most charming attributes of people form Argentina. They are beautiful like Italians with a bit of the gangster in them.

    • @terapyagusarg
      @terapyagusarg 11 місяців тому +1

      @@mtngrl5859 everybody gangsta till a random motorcicle starts getting near you

  • @BobInTheUSA
    @BobInTheUSA 11 місяців тому +2

    Good to see you, Andrew. Good information.

  • @nolanhitchens
    @nolanhitchens 11 місяців тому +10

    It seems the video editor has discovered the whoosh-woosh sound 🙄 Is he/she bored perhaps? Please just stop adding unneccesary sounds, music or video cuts. The content is already interesting enough, it does not need to be made more... 'dynamic'. We are not children. Just let the man talk.

  • @redzebra6688
    @redzebra6688 11 місяців тому +9

    Appreciate it, Andrew!

  • @cantstopkevan
    @cantstopkevan 11 місяців тому +7

    Thanks for another great video Andrew. I'd prefer if your editor ditched all the new sound effects and camera angle changes, very distracting.

  • @Annatomova7
    @Annatomova7 11 місяців тому +1

    I have dual citizenship, for Bulgaria and the U.S. I am moving to the EU in a year, and eventually back to Bulgaria. I was adopted and raised in the US, hence my American citizenship. Don’t think I’ll be getting a 3rd citizenship, but I was just curious about this video…

  • @scottmccarter3969
    @scottmccarter3969 11 місяців тому +10

    I love your content but respectfully, the new editing style was a bit much for me. No disrespect intended; just hoping to leave a helpful comment.

  • @VagabondAnne
    @VagabondAnne 11 місяців тому +10

    The flashy editing on this video is totally distracting.

  • @chrisk7118
    @chrisk7118 11 місяців тому +5

    If you have a Uganda and Mongolia passport, is that a better passport portfolio than having one Australian? 2 passports are better than one right?

    • @My_Old_YT_Account
      @My_Old_YT_Account 11 місяців тому +3

      Depends on what you want to do, for travel the Australian one would be preferable while for tax purposes the Uganda and Mongolian ones will probably be preferable

  • @MVProfits
    @MVProfits 11 місяців тому +22

    It's crazy, when you think about it, that indeed governments can change tax laws and requirements at any point, any time. They can retroactively tax, tax you for leaving, tax you as a citizen if you live elsewhere etc. I always wonder if there has been some bureaucracies that have gone SMALLER since the early 20th century? Likely... not. Governments grow endlessly so there's going to be more and more taxation. They have gone from mostly useful to more and more parasitical.

    • @enjoystraveling
      @enjoystraveling 5 місяців тому

      Even a state in the United States, California, I believe tried, and I’m not sure if they succeeded to retroactive tax residents of California that moved to a different state for lower taxes.

  • @MikaJarvi86
    @MikaJarvi86 11 місяців тому +4

    Neither Norway or Sweden have mandatory military service. It is voluntary.

  • @magnamentis
    @magnamentis 11 місяців тому +48

    It's always possible to have 2nd citinship without revealing that fact except upon need, i.e. I have Russian & Swiss Passports and only use the Russian one whenever it serves my purposes in certain places and/or in Russia itself to purchase real-estate or open bank accounts etc.

    • @drholmes1003
      @drholmes1003 10 місяців тому

      do Swiss technically not allow dual citizenship?

    • @4SG
      @4SG 8 місяців тому +1

      Interesting. I’m Canadian and considering Russian. Have you found any downsides or issues keeping the Russian as a simple “back pocket” kinda emergency passport?

    • @delaslight
      @delaslight 8 місяців тому

      @@drholmes1003 you can have dual citizenship with a swiss passport

    • @erraldstyler
      @erraldstyler 6 місяців тому

      @@drholmes1003 switzerland allows dual citizenship without any restrictions.

    • @bladerunner.1984
      @bladerunner.1984 6 місяців тому +2

      ​@@4SGYou will mostly have problems with Russian passport in US/Canada/Nato allied countries. Rest of the world - South America, Africa Middle East, most of asia (probably excluding Japan) - no issues at all. It's still fairly good for travel. Ironically, the only discrimination I faced with Russian passport was in China. Chinese banks hate Russian pasports - I guess "friendship without limits" has limits after all. I had no problem opening a bank in Taiwan, although Taiwan officially sanctioned Russia.

  • @HoDLum
    @HoDLum 11 місяців тому +33

    Oh for gods sake!! Im 1:42 into the video and I have had enough!! Bells and whistles popping every second what kind of ADHD editor got their hands on the video?! the overproduction and overuse of video and sound effects is just ridiculous,

  • @andresrashti7138
    @andresrashti7138 11 місяців тому +2

    You're amazing man

  • @ptyimmigration
    @ptyimmigration 9 місяців тому +2

    😮 Panama has a territorial taxing system. Taxes are paid only on income generated in Panama. We have CRS with US citizen and lots of complience, know your client and due dilligence regulations in place. We also have tax free zones, and visas to work in these tax free zones. Regarding citizenship it can be clasified as paper citizenship, although I tell clients over and over, you can't stay more than 2 years in a row outside. Citizenship requires getting a permament residence first, and then after a waiting time of 3 to 5 years, depending on the category you may be elegible in, you may apply for citizenship. There are tests to be approved, although all can be programmed at will. So our citizenship cant be "purchased", and definitelly is not a fast process, but I've done it and it is feasible.

  • @GreekArmyVeteran95
    @GreekArmyVeteran95 11 місяців тому +3

    As a Greek-Albanian (Greek mother, Albanian father) citizen living in Germany and being on track to become a German citizen, I will tell you that the only real advantage of a Greek passport (besides the right to vote in Greece etc) is the fact that it's an EU citizenship which entitles you access and specific privileges in the EU. Other than that, there are two serious disadvantages of the Greek nationality: national military service for men, and nationality-based taxation. As a Greek, you are required to pay taxes on your global income even when you liv abroad. You can apply for a transfer to the foreign residents directorate after a year of permanent residence abroad, which means that you are only taxed for the income you make in Greece itself, but the process is bureaucratic, takes time and requires permanent residence so you will owe Greek taxes.... on your foreign incomes. FYI: Greek tax rates are higher than in Germany.
    If you love Greece, then by all means apply for nationality if you are eligible. Just bear in mind that Greek nationality has a few disadvantages and obligations which you will have to fulfill, that other citizenships do not.

    • @sianefer-ptah1258
      @sianefer-ptah1258 10 місяців тому

      Moving to Greece this year, and have been researching tax statuses. Will be applying for citizenship, but I believe it takes seven to eight years before that can happen. So, I'll be taxed by both Greece and the US until that time.

    • @xDomglmao
      @xDomglmao 6 місяців тому

      but the process is bureaucratic, takes time and requires permanent residence
      everywhere same. but many countries (all?) within EU give you tax exemption if you live/work abroad

  • @troywhite6039
    @troywhite6039 11 місяців тому +5

    Is there any countries that you can get citizenship without money or work as the focus?

  • @andybrown6981
    @andybrown6981 11 місяців тому +2

    You demand schools and roads, but you don't wanna pay taxes

  • @markg5891
    @markg5891 11 місяців тому +9

    Please consider cutting back on the wealth of video effects and sounds. The amount this video has literally made me stop watching after just 2 minutes because of the annoying overabundance of effects.

  • @TheEdge92
    @TheEdge92 11 місяців тому +3

    I'm confused. Is it still like this in Argentinia? Because you mention that they HAD this policy but later on it seemed more and more like it is still like that.

  • @makingwaves1239
    @makingwaves1239 11 місяців тому +7

    "If a country can change the rules and taxes all the time ... " ... Welcome to Norway

    • @andbelov
      @andbelov 11 місяців тому

      But... but... but you can vote every 4 or so years, right?

  • @Holdeenio
    @Holdeenio 4 місяці тому +1

    All good points, thank you.

  • @pamelawing5747
    @pamelawing5747 11 місяців тому +3

    US citizens, living and working abroad, have to pay US taxes. I BELIEVE that includes working for a foreign company. US citizens pay taxes on foreign income.
    There are several people posting on here that are living abroad and have applied for citizenship IN that country. They did NOT say if they were giving up their US citizenship. Tina Turner became a Swiss citizen and gave up her US citizenship. I'm betting taxes had a lot to do with that. She would pay Swiss taxes but no longer pay US taxes.

  • @13soaringeagle
    @13soaringeagle 11 місяців тому +20

    Dear Andrew,
    I usually like your videos and today I could not even get to the 2 minute mark.
    Please consider parting ways with the person in charge of editing this video.
    This style of editing is great for say a tik tok and a a causal conversation.
    However, for a serious conversation geared toward your target market of “7 and 8 figure entrepreneurs,” I find it distasteful, hard to watch, and unprofessional.
    Everyone with a skill has a niche and you would be doing a disservice to the editor by letting them to continue down this path of “Gen Z-ing” a “Gen-X and Boomer” conversation.
    Much obliged.
    A wealthy Entrepreneur

    • @nomadcapitalist
      @nomadcapitalist  11 місяців тому +8

      We appreciate you bringing this issue to our attention. Rest assured, all our current videos were prefilmed and are ahead of schedule. However, once we became aware of the problem, our editing team has been diligently working to rectify it. The upcoming videos being edited and uploaded have taken this music synchronization issue into consideration. We apologize for any inconvenience caused and thank you for your understanding. Stay tuned for the improved content.

    • @13soaringeagle
      @13soaringeagle 11 місяців тому

      @@nomadcapitalist thank you for your quick response in both words and actions. It speaks highly of your Market Positioning as the “Goody Two Shoes” of this space.

  • @Michael-4
    @Michael-4 11 місяців тому +8

    I'm all for a bit of Ken Burns effect in videos but recently the effects every five second makes just want click away. If your view hours are down this might be worth testing. 👍

  • @rabbytca
    @rabbytca 11 місяців тому +2

    Well that was eight minutes that I'll never get back. No direct mention of being denied basic necessities by one's citizenship. Food, water, shelter, in addition to freedom from persecution, enslavement and torture.

  • @andrewbristoe1833
    @andrewbristoe1833 11 місяців тому

    Very interesting when ties become les or negotiable looking at living options ..how would dual citizenship work with this can you preference a citizenship re taxation or what's the countries os tax rules apply

  • @tomrusack3266
    @tomrusack3266 11 місяців тому +3

    It’s not about taxation anymore, it’s a case of will I be allowed access to my money. The Farage case is an indication of where governments are heading and that is now the priority not second passports.

  • @tstcikhthys
    @tstcikhthys 11 місяців тому +9

    Andrew, the new fast-zooming and text coming up on screen is pretty cringeworthy. Please mark this one as a loss and avoid it in the future. Also, 9:25 it's not "impact" (crash force) on job and security clearance, but _effect_ on it.

  • @mattt4309
    @mattt4309 17 днів тому

    I have dual citizenship: EU (Polish) and United Kingdom of Great Britain and Northern Ireland. I think it is a great combination.

  • @shawnmcdonald9070
    @shawnmcdonald9070 11 місяців тому +15

    Enough with the jump cuts and annoying sound effects. Very distracting

  • @alkriman4182
    @alkriman4182 11 місяців тому +13

    You might have added a sixth category: countries that forbid second citizenship.
    [To answer possible quibbles that this may not be enforced: Yes, often the prohibition is not enforced directly, but there can be inconvenient side effects. E.g., Japanese with another citizenship through a parent are supposed to renounce either Japanese or foreign citizenship at age 20. The renunciation of foreign citizenship is sort of in-principle-only: it is not actively enforced, is weakly worded in law, and conflicts with laws of other countries (such as the US). But any time you need something from the foreign ministry or embassy, such as a passport renewal, and if they somehow know or infer that you have a second citizenship, then you're at some ill-informed bureaucrats' arbitrary mercy.]

    • @nomadcapitalist
      @nomadcapitalist  11 місяців тому +2

      Interesting idea, and definitely covered in our Nomad Passport Index.

    • @harriseppanen5207
      @harriseppanen5207 11 місяців тому

      My daughter got 4 citizenships including Japanese. She never had any problems with renewal .

    • @alkriman4182
      @alkriman4182 11 місяців тому +4

      @@harriseppanen5207 Good for her. She should be careful, and aware of a case working its way through the court system. Eight plaintiffs, born in Japan and living in Europe, have challenged the (Japanese) constitutionality of the ban on dual citizenship. (The way the "ban" works is that if you voluntarily assume another citizenship and Japan finds out, you lose your Japanese citizenship. I guess your daughter has about thrice the chances to lose citizenship as did the unhappy plaintiffs mentioned.) They lost at the district court level and appealed to the Tokyo High Court, which dismissed their appeal last February. They're hoping for a chance to lose (or win, at least conceivably) at the Japan Supreme Court.
      Discretion regarding travel documents is often shrewd or necessary. A British-subject friend of mine, many years ago, would travel both to Israel and to Tunisia. If she was going to Tunisia and there was an Israeli stamp in her passport, she would have to get a new UK passport.
      I think that if you have citizenship in a country you travel in, you normally enter and exit using its passport. This might always have caused problems on account of what could be inferred from stamps and from the absence of expected stamps. Back in the 1970's, a child I knew who was a naturalized US citizen traveled between the US and Mexico on the passport of his native country. One passport, no problem. A few years ago, a Chilean national I know of traveled to Chile on his US passport. When he tried to leave, they realized that he was Chilean. He had to remain in Chile while they processed his papers. He was caught because he overstayed his visa, so they paid closer attention. I guess he was born abroad; if he had been born in Chile the US passport would have reflected that fact, and they would have recognized him as Chilean on entry. (He is a Chilean national because his dad was born there.) With today's electronic databases, I think all these situations are more likely to raise a flag, even if "the papers are in order."

    • @b.w.9244
      @b.w.9244 11 місяців тому +1

      The US should forbid second passport.

    • @cacwgm
      @cacwgm 11 місяців тому

      If you're considering Singapore citizenship, note that you have to renounce all other citizenships (and provide proof). You will (below a certain age) be liable for military service, as will any sons, regardless of their citizenship or residence status. Military service obligations also apply to PRs.

  • @Zerotrone
    @Zerotrone 11 місяців тому +5

    The Dutch citizenship should also be on the list.

  • @BrockMcLellan
    @BrockMcLellan 11 місяців тому +2

    Regarding military service in Norway. Officially, it is not based on citizenship, but on residency. However, I do not know of any foreign resident who has been called up for military service.

  • @computername
    @computername 18 днів тому +1

    I wish there was something like a "world citizen". Like Spotify instead of buying the album. Maybe subject to ongoing crime checks, paying a tax centrally which then gets distributed to the countries that you spend time in.
    I know, I know. "That doesn't work because..." the world isn't ready for that. The age of global travel & communication has only just begun. We'll get there eventually.

  • @aSome1
    @aSome1 11 місяців тому +4

    I wonder what life is like to Maxima (current queen of Netherlands), she was born in Argentina (country that doesn't allow its citizens to renounce their citizenship) and is a royal of Netherlands (country that doesn't allow double citizenship from countries outside the EU)...complicated situation...

    • @MrUntapishtim
      @MrUntapishtim 11 місяців тому +2

      Who cares about that. She is the queen of Netherlands, lol.
      Besides, she will be okay, she is the darling of WEF :) Just like Macron, Trudeau....

    • @daniyalbbd5281
      @daniyalbbd5281 11 місяців тому +1

      She has a diplomatic passport from Netherlands, you can't have two ordinary passports but diplomatic passport is separate from ordinary.
      P.S - I had both diplomatic and ordinary passports of my country for 27 years

    • @shesaknitter
      @shesaknitter 8 місяців тому +1

      The rules that apply to everyone else, don't necessarily apply to royals.

    • @shesaknitter
      @shesaknitter 8 місяців тому

      @@daniyalbbd5281 Queen Elizabeth had no passport because, since U.K. passports sre issued by the monarch, requiring the monarch to have a passport seems redundant.

    • @olderandwiser127
      @olderandwiser127 8 місяців тому

      @@MrUntapishtim Exactly!

  • @anonymousJAN2024
    @anonymousJAN2024 11 місяців тому +10

    I can’t watch this. It’s like a video game.

  • @insakolby
    @insakolby 3 місяці тому

    You channel has very interesting content. The explanations are very clear. Thank you for your work.

  • @josephlee2318
    @josephlee2318 7 місяців тому

    How do you suggest preserving original documents in order to pursue multiple passports. As a US citizen I need a certified birth certificate in order to get a passport. If I want to get passports in other countries you discuss here, do I not need the same certified documents?