The WORST Residency and Citizenship Traps Exposed

Поділитися
Вставка
  • Опубліковано 28 жов 2024

КОМЕНТАРІ • 32

  • @TouroUrso
    @TouroUrso 2 місяці тому +3

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

    • @0matters
      @0matters 2 місяці тому +5

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

    • @enghhb
      @enghhb 2 місяці тому +2

      Only applies to natural born

    • @Ryan-ul7dy
      @Ryan-ul7dy 2 місяці тому +1

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

    • @Murmilone
      @Murmilone 2 місяці тому

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

  • @ruiqiu866
    @ruiqiu866 2 місяці тому +3

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

    • @NomadElite
      @NomadElite  2 місяці тому

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

    • @kippsguitar6539
      @kippsguitar6539 2 місяці тому

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

  • @JingJao
    @JingJao 2 місяці тому +2

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

    • @NomadElite
      @NomadElite  2 місяці тому

      Thank you!

    • @kippsguitar6539
      @kippsguitar6539 2 місяці тому

      Not if you have any money!!!!

    • @ramonechevarria7296
      @ramonechevarria7296 2 місяці тому

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

  • @TouroUrso
    @TouroUrso 2 місяці тому +3

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

    • @NomadElite
      @NomadElite  2 місяці тому +1

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

    • @dovoso5685
      @dovoso5685 2 місяці тому

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

  • @chrisbunka
    @chrisbunka 2 місяці тому +2

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

    • @NomadElite
      @NomadElite  2 місяці тому +4

      Paraguay recognizes Taiwan's independence!

    • @JingJao
      @JingJao 2 місяці тому

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

  • @Rosefitness38
    @Rosefitness38 2 місяці тому +5

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

  • @kippsguitar6539
    @kippsguitar6539 2 місяці тому

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

  • @sinbrega3616
    @sinbrega3616 2 місяці тому +1

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

    • @yeyuehuayyh
      @yeyuehuayyh 2 місяці тому

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

    • @NomadElite
      @NomadElite  2 місяці тому +2

      I was referring to LATAM!

    • @kippsguitar6539
      @kippsguitar6539 2 місяці тому

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

    • @ramonechevarria7296
      @ramonechevarria7296 2 місяці тому

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

  • @gimme88
    @gimme88 2 місяці тому +4

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

    • @NomadElite
      @NomadElite  2 місяці тому

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

    • @kippsguitar6539
      @kippsguitar6539 2 місяці тому

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

  • @VahoraUbed
    @VahoraUbed 2 місяці тому +1

    I.m.intrested

    • @NomadElite
      @NomadElite  2 місяці тому +1

      Which residency or citizenship are you interested in?