02:53 Important note. 03:17 Personal passports 04:19 Sanctioned countries like Iran, Sudan, North Korea. 06:56 Been in well-known active wars like Afghanistan, Palestine, South Sudan. 08:48 Special EU countries based on future trends of EU
you're kind of hitting your head against all what this channel is talking about... yes, when you try to diversify, you are not trying to lock yourself to a specific country.
Well if they don't allow dual citizenship they technically you're not getting a second passport. Because you will just have to hand them one. So I guess it will be your only passport...
It won’t necessarily be your only passport because nationality laws are not uniform and they don’t always follow rhyme or reason. There have been countries that will allow you to have a second passport if you received that citizenship automatically but not if you have to apply for it, or there are instances where you have to give up all your existing citizenships when you take a country’s citizenship but they don’t mind if you acquire other citizenships later, or instances where you must state you are renouncing your allegiance to your prior country but they don’t require you to follow it up with a formal renunciation. There’s no one set of circumstances that applies to the whole world.
@@madmonkee6757 A UK passport was around way before the EU was ever dreamt up. It is and always will be superior. Soon the EU will collapse anyway and countries will go back to their own passports
Actually, after a 30 years of travelling all around the world I understood that any passport with a 6-7-8... figure credit cards/cash as a "supporting document" should be great! 😉
CHAZ may be a sign of things coming to the US. Get out while you can. I'm planning to get a second citizenship asap to escape the high economic/social/political risks happening in the US.
@@ToxicVaccines_HivHoaxDuring the riots in Seattle the police abandoned one of their buildings due to the violent protests. The people who live around there decided to fence themselves off to live in a Post-Police Society known as the Capital Hill Autonomous Zone.
Japan passports are fairly desirable. But they're hard to get, and Japan doesn't permit dual-citizenship, so you are required to renounce any other citizenship. I don't think that they require proof of renunciation, but you risk losing the Japanese citizenship if you play games with them.
I had to provide my proof of renunciation before I received my final decision of naturalization and going on to create a Koseki. So yeah, it depends on your original nationality. Although it wasn’t as hard as I thought it would be - the process/paperwork is quite straight-forward, and as long as you have no criminal record and elementary proficiency in Japanese (with stable finance), it is very easy to get approved.
You're comments about Canada are bang on, it's freezing cold and taxes are through the roof. Avoid. However, they do not tax their citizens overseas, so you can move around quite easily overseas.
same with EU and living in switzerland. you are no longer obliged to pay taxes "home", but you keep the nice perks of your top notch passport and enjoy low local taxes. becoming a full fledged swiss citizen is PITA :D
@@gopherlee9427 pain in the ass :) not for lazy bureaucrats there, but because you are not entitled to ask your county/city, the canton and the federation until you've spend some years in CH already. for example Zurich (largest city in CH) sets the bar at *10 years* or 5 years if you are married to a swiss citizen. by that threshold the other requirements (somewhat fluent german, knowledge of the politicalk system etc. ) would come naturally. in most cases it would be easier to obtain one of the EU citizenships and just reside in CH, if the proud _Eidgenossenschaft_ is your favourite place to live. :)
The Iraqi passport is very interesting. My grandparents in the 70s and 80s were able to travel all around europe and many places not only because of the strong passport but also the fact the currency was at one point stronger than the USD. How times have changed.. Iraq is slowly rebuilding and I believe long term will be a strong nation again. Its highly educated successful diaspora will be relied upon. I for one will be doing my bit.
@@utkuturkmen4287 i think turkish conditions are quite rigorous, it's certainly a much much better passport but difficult. Funny enough since my grandfather's name is literally "turkish" but in arabic lol
In the USA being a Cuban citizen isn’t a problem at all, in fact , Cuban nationals are the only nationality which gets permanent residency very easy compared to other nationalities Im a Cuban born and I have three other citizenships : New Zealand Spain and USA
Hi! My parents came to the US from Cuba. Spain was offering Spanish citizenship to all those who wanted to that could prove they had a Spanish Grandparent. Spain is also a country that nominally requires you to renounce previous citizenships. If I may ask, How do you have those? Did you apply for Spanish citizen through the grandfather law? Did you have American Citizenship at the time? If so how did you avoid losing it? I ask because there's talk of Spain reopening that citizenship program, and I'm interested in maybe acquiring Spanish Citizenship this way, but I don't wish to lose my American citizenship, I live here and don't plan on moving any time soon.
@@Ratchet4647 i have my Spanish citizenship since I was a child through my mother and grandparents Im a naturalized USA citizen and I haven’t lost my Spanish one as I’m a Cuban born Dual citizenship Dual citizenship is permitted for all Spaniards by origin, as long as they declare their will to retain Spanish nationality within three years of the acquisition of another nationality. This requirement is waived for the acquisition of the nationality of an Iberoamerican country, Andorra, the Philippines, Equatorial Guinea or Portugal, and any other country that Spain may sign a bilateral agreement with.
My first thought when hearing someone talk of getting a second citizenship has always been, "But that means you'll need to pay more taxes!" I'm an American, and this is all I've ever known. It's difficult to imagine that it's only my country that has this rule.
Poland , one of the best country presently and I think in the future. There is a long pro list, just few examples; - passport ranking one of the top. - stable growing economy since 20 years. - free of Islam influence, no single terrorist attack. -low crime rate, safer then Western European countries - very affordable prices - delicious natural inexpensive food -nature, sea, mountains, lakes,forests -excellent affordable communication - clean cities and more and more.
Worth mentioning China, or now the HKSAR passport of Hong Kong. Not only can you not have (legally) 2nd citizenships in China, but they 'own' you around the world. HK citizens (the booksellers who wrote salacious revelations on the country's leaders) vanished aboard and miraculously turned up in mainland China IN JAIL months later making confessions of one sort or other. The fact that 2 of these people had either UK or Swedish citizenship did not stop their abductions and imprisonment. There is now a scramble for the other passport in HK, the BNO (british nationals overseas) for those who lived in HK before the handover, which the british have announced can now obtain a path to full british citizenship.
I can't even fathom why anyone would think of getting a Chinese passport without intention of permanently living there. Being Asian, I know and have witnessed China's atrocities to their neighbouring countries, especially those weaker than them.
Unthinkable that the Brits handed over to the Commies, HK was a thriving place under Brit rule, all they had to do was not "recognize" the Commies, and cut a deal with Taiwan
The Canadian passport is also a handy one to have if you renounce your US citizenship but would still like to visit often--for up to 6 months of the year, to be precise--without any visas, e-permits or what have you. You just show up and you're allowed in.
If you have a US place of birth on your Canadian passport the border guard will probably ask you why you're not traveling on your US passport. If you're otherwise clean you should probably get in, but there's no guarantees@@bambamermitanyo1049
My wife had to give up her Korean citizenship when she became an American. I was in the Army when we met, and she was already a Canadian resident. She didn't really want to come to the US because she thought we were all who she saw on Jerry Springer. She had to give up her Canadian residency to follow me. As we get old, however, I really want to explore the option of going back to Korea for her. I will not live as long as her with my family medical history and cannot imagine the depression she would have from eventually moving into an American senior citizen home. We are still far away from retirement, but I want to get started on the planning now. Can you give any pros and cons of moving back to South Korea? Our daughter has modeled there when she was a baby, so i think it would be great for her to be able to freely go back and forth between the two countries as well.
Why not try get Taiwanese citizenship instead. It might be easier to get some other country citizenship than Korean. Don’t forget that your wife gave up her Korean citizenship, which means it would be difficult for her to get it again.
Having a collection of citizenships also increases the chance that you'd be drafted into its army. Ever thought of that? Armenia is an example of such danger. Living abroad doesn't necessarily immunise a citizen from demands to return "home" and start fighting in a ten-year-long guerrilla war.
Saw where a couple from the UK tried to immigrate. They would allow one but not the other because the other was obese. The NZ government said it would be too taxing on the healthcare system. That is why I fear socialized medicine in the US. I can just see government agents blocking fat people from going into McDonald's.
You explain that you have given up on your US citizenship, now having multiple citizenships. If someone would ask you "Of which nationality are you?", what would your answer be? Do you have a citizenship which you regard as your "main one", so you kind of feel that citizenship, being an elementary part of your personal identity?
I have an American and Canadian passport. The US passport is highly respected in Vietnam and that’s about it, the Canadian passport opens doors in Asia.
I'm 49yr old male born in Seattle Washington, but my mom and dad are Canadian. I have a U.S passport and a Canada passport. duel citizen. But I went to school and worked for 7 yrs in the UK and became a UK citizen. I have 3 citizenships which is completely legal and that's a hell lot of work when it comes to tax time. I can come and go anywhere in EU union and live and work there, Also Canada and the Untied states of America. I was grandfather in. You can't get duel citizenship with Canada and the U.S. anymore. As a Canadian I can have duel citizen with the U.K. I can go and live in 30 countries with no paper work need to fill out. Just need to show my passport. And I have homes and land in 6 countries
People can still get Canadian and US citizenships, it's not unavailable. Also, a reminder, you will loose your privilege of freedom of migration within EU next year
If Poland exits Eu we will very probably stay in Schengen treaty zone - so open eu borders with Polish passport stays. Recently Polish citizens don't have to obtain Visa to USA - entry just on passport. Remember also that German and Polish economies are strongly depended on each other.
Love your videos. Thank you so much for your great content, I appreciate it. I love especially that you also talk of your own way, show how and where you live and which decisions you have taken. Just great, and keep up the great work!
9:05 - Public support for remaining in EU in Poland has never dropped below 70 percent. Also Poland gets massive economic benefits from membership. There's a huge number of Polish truck drivers and construction workers EU-wide that take advantage of the right to live and work in EU countries to earn higher wages than they otherwise would in Poland. I really don't think this country is "one of the first" to leave. Sure, there's high profile tensions between Brussels and Warsaw, and the EU might wish it could kick Poland out (it legally cannot), but the fundamentals of the situation just don't make a Polexit seem likely. My bet's on Italy.
Interesting comment about Canada- I'm here now & will be seeking other passports. But unlike the US situation where one is taxed on worldwide income, Canada requires one to report global income but income tax only comes into play if one resides in Canada for 180 days, and for transactions in Canada involving Canadian property (Canadian corporations, real estate). I suspect Canada will move to the US model soon, based on the hold the government has dug for Wuhan / China /Corona virus relief.
Belarus doesn't allow dual citizenship. If you have applied for citizenship there you must agree to renounce your previous one/s before you can be granted your Belarusian one. I love Belarus btw. But sadly she doesn't allow for dual citizenship.
I had Belarusian passport and got US passport later. When I travel to Belarus, I enter using Belarusian passport and when I leave Belarus, I use US passport. Many Belarusians have double citizenship and it is not against the law.
You cannot keep the old citizenship if you naturalize in Belarus but if you are a Belarusian citizen you are allowed to acquire another citizenship since 2002.
I'm impressed a tall man appreciates small spaces. I dislike huge apartments and mansions for a home for one person. You feel like you're in a hotel. Leave your keys at one end of the house and it's a hike to go back and get them. I am now downgrading to a smaller town and a smaller house in a lower tax county in Tennessee. Nashville went from a tier 3 to a tier 1 city in 15 years. The house across the street from my cottage is going for 1.5. My dream was to live in other countries but now that may not even be necessary or possible since most countries allow you 90 days just on an ordinary visit. That's probably enough for any one place. I want to see and live a while in Switzerland, Denmark, Finland, Germany, Italy, Ireland, etc.
Can you start a podcast. I would love a more in depth longer form of all of the passports or all of the countries with dual citizenship etc. Thank you your channel is incredible
Hi, Andrew. Big fan of your firm and the work you do. Also a subscriber to the channel. So here is my two cents. Could you do a video telling us the passports and residence permits you have so that we can get an idea of the top countries where we would be treated best. I personally have Kenyan and South African citizenship and im considering a Malta citizenship
Brazil also wants to tax you even if you live abroad. Unless you are out more than one year, and then you can sign a declaration "permanently leaving the country, tax wisely"
Sweden and Finland are two I would have a hard time deciding on, because the passports are great, but these countries are probably more likely to have strings attached in the future. I would not take Spain, France, or Germany. But Portugal, Czechia, Poland, or Romania? Hell yes.
There's also the long-term geopolitical future of the country. Some countries are likely to disintegrate or develop civil wars few decades into the future.
Family lineage. Normally if you leave the west you want to be able to create your own income or have a buiness in other countries. Most guys doing this arnt looking for 5 digit jobs in other countries.
Why would your client not want a Bosnian passport? You have visa free access to: all of Europe, Russia, China (+HK, Macao), South Korea, Singapore, Brazil, Chile, Columbia. Out of the interesting ones. Very few countries have visa free to EU, Russia and China. Bosnian government doesn't not care where you go and what you earn offshore. In the unlikely event you make money on a Bosnian investment your tax is 10%. But it has been known to happen. 2 federal entities within the country, 10 cantons within one entity. One special federal region, all with their own laws and courts. So you can go jurisdiction shopping within the country itself. Corporations tax 10%, Dividend withholding tax for non resident entities 5%. property transfers incur a 0%-5% duty on the value of the real estate. Beer and cigarettes are dirt cheap. Gambling is legal. Fairly centrally located in Europe. Cheap flights to many EU destinations. Very relaxed laws, relaxed law enforcement. Penalty for drink driving in some jurisdictions as low as $20 USD and loss of one or 2 points off your licence. Very safe considering how many guns people have. Very stable and safe banking system (at least in one half of the country), deposit guarantee of ~20,000 Euro per account, country wide. Very stable currency but it's pegged to the Euro. In most of the country 0% land tax. Very low apartment maintenance fees. Most people worth speaking to speak english. I don't think its such a bad option for a someone cashed up to live. or al least have the passport. Only negatives (is that a negative?) is that there is no such thing as bankruptcy. And can take a bit of back and forth to incorporate a company in some jurisdictions.
Hey Andrew , I tried joining your nomad capitalist program 2 yrs ago , which your website denied because of my nationality. No offense but I felt offended . I ended up signing for EB-5 myself and got my GC . It might not be the best citizenship program ( as you’ve explained the WHY many times in your videos ) . To me , it paid well as my business being IT and having USA tag , made me even better to sell my softwares at a better price . I’d say , somebody’s junk could be somebody’s fortune . As you said , go where you’re treated best . Respect to you !
I lived in Canada for 14 years and currently live in Germany with my Canadian passport. I'm glad I obtained a Canadian citizenship instead of American :)
Andrew, I think you don’t have enough Information about Iranian citizenship, I’m a Iranian Citizen and businessman and very successful with my worldwide business. Iran is Perfect to set up your company and also a Tax haven ... I’ve a big company in Tehran, I invite you to coming and visiting Iran.
Malaysia is one of the best in my opinion, but as far as I know, it doesn't allow dual citizenship, unfortunately. And at the moment the long term residency programs like MM2H have been discontinued during the pandemic saying it'll be revised before opening up again (they say it'll be up next year but I'm hearing that it may not return). Have you any insight into this Andrew?
On Norway.. you are usually required to disown all other nationalities and passports, as you can basically only be Norwegian, in the eyes of the government.. and you will be taxed accordingly
@@miguelgustavobohorquezblan3754 you're right.. but not sure about the taxes. (I have Norwegian and UK passport.. because of a loophole in the 70s. I forgot about the recent changes.. 👍.. but now they are tightening all the laws on nationals living abroad. Taxes, access to benefits etc.. )
We are a lot of hungarians that were born and live in romania, and we have both Hungarian and romanian citizenships, so maybe the enemy thing is not always an issue😅
Its great to hear about having multiple passports. I'm for it. A few years ago, I was watching 60 Minutes, Leslie Stahl did a story on 2nd passports. The man she interviewed lived and worked in Saudi Arabia ( non-citizen). He show 4 passports. (No USA passport) Leslie Stahl painted the idea of having multiple passports as criminal. That drug dealers and money lauderers have multiple passports. The story pissed me off big time. Thats when I realized 60 Minutes is biased. This is one of many reasons I don’t watch the news.
Hi Andrew, always enjoy the topics and content. Question: For a couple considering marriage, would you need to review new/second citizenship as it pertains to spouse and how they would be added to second citizenships? Does it matter on where you record the record of marriage if you have multiple passports? Thank you.
David Smith Virtually every country has done away with the idea of a spouse obtaining their partner's citizenship upon marriage. Being married to a citizen of the country will usually help speed up the process of naturalization, but you wouldn't get citizenship just through marriage. The only remaining country where that's still a thing is Cape Verde. Marry a Cape Verdian and you could apply for citizenship the next day.
A Malaysian lady of Indian descent once told me that there is Sharia in her country, but it only applies to citizens that are Muslim, and I believe only in civil cases.
So a US passport is in the same category as Sudan and Iran? He had a free passport from the US and said “no thanks”. Think about all the Americans with dual citizenship. Then add in those eligible for citizenship by descent or marriage. Then add permanent residents/expats. There are millions of Americans who can get out of Dodge very fast if necessary. If a future government starts confiscating retirement accounts and raising the capital gains tax and inheritance tax, it will be too late for those without a tie to a foreign government.
Russia, Belarus , China , Iran , Iraq, Libya , Eritrea, South Sudan , Vietnam , Cuba , Pakistan , Saudi Arabia, Qatar ,these are the passports I would never get but also the uk and USA are a bit sticky because they aren’t very good to have in some places like Russia or China so If already have a tier a passport
Start here for an idea: ua-cam.com/video/PEKl2OzOIHs/v-deo.html ua-cam.com/video/NTkgVIV8y2I/v-deo.html Kuala Lumpur, Tbilisi, Belgrade, Tivat, Bogota...
Great video as always, Andrew. Loving life in Ukraine and Eastern Europe so far. Very interested in the things you've said about Georgia and possibly Serbia. Been hearing great things about Albania also. I really enjoyed your house tours video in Serbia for cheap houses. Very cool. Would be cool to see the reality of leveraging those real estate assets, ie: rehabbing to live in them - how much does it really cost, hidden expenses, etc and the ROI for dropping them on Airbnb. For example, I can pick up a new condo in Ukraine for 30k and net 600 - 800 a month on Airbnb. Does that make sense? When you think of lifetime guaranteed income, it's compelling. But then I think about what that same money could do investing in a new business or swing trading crypto...
I think it would be very difficult and just not viable for world wide taxation. The US gets away with it because they bully other countries into complying with FATCA. Could South Africa do that? Probably not. Also a lot of these countries like Italy give citizenship by descent. How could italy enforce it on people who are 3rd or 4th generation american with ancestry?
I know a youngfella who got italian citizenship from descent, grandparents, mssive paperwork, repeat trips, but yeah he is proud to have it, used it to sojourn around e u for 2 3 years
I think the most vulnerable eu passport to get kicked out from eu and schengen is not Polish, but Greek. Greek public debt is now 210% of the gdp, most refugees and immigrants who enter eu enter from Greece, and Greece cannot solve sea borders issue with Turkey by itself and need the European powers to help like France. I'm originally from Greece and Greek passport holder only, and i think that a second EU passport could be a great investment if the economy collapses (and kicked out of the eu, get back to Drachma currency with high inflation rates, lose money in the banks etc).
Same with St Lucia. St Lucia is cheap but don't live there. St Lucia has a global income tax like the US if you live there. St KItts is more expensive by $50K but the tax situation is MUCH better.
How are you,,,question,,,im a usa citizen but I would like to become an Indonesian citizen because my wife is from that country,,,how ever, Indonesia doesn't allow dual citizenship,,in other words, they make you get some letter from the usa embassy saying that you renounce the usa citizenship, some thing to that effect,,,can you please help ,thanks
It is beneficial to have a second passport if you are an American citizen but for what reason if you still have to pay US taxes and live in the US? You can almost go everywhere without visa using American passport. I want to get a passport that allows me to visit US without visa, then cancel my US citizenship so I don’t pay 40% federal and 10% state tax. There are only 39 countries (majority in the EU) that don’t require visa to visit US. It would be interesting to know which of 39 countries Andrew would recommend to get passports of.
"You can almost go everywhere without visa using American passport" Where's that everywhere? You cannot go to China, you cannot go to India, you cannot go to Turkey, you cannot go to Russia, most African countries require a visa.
Please check the file below. Countries with dual cit score of 10 won't allow dual citizenship. nomadcapitalist.com/wp-content/uploads/2019/04/nomad-passport-index-2019.pdf
I am South African, no ancestry anything I can claim (Germany). I'm REALLY interested in Spain, so much that I'm willing to give up my RSA one. I don't intend to just work in Spain but all over Europe (film industry). Any thoughts, glaring red flags regarding Spain?
Spain is fantastic. You don't happen to be a Sephardic Jew, by chance? Because Portugal still has a program (though I think Spain's program has expired).
great video as usual mate. Would you recommend someone giving up their current citizenship to acquire a new citizenship, even if the new citizenship is as good as Singapore's?
I would accept any thing that isnt iraqi passport. We have been either first or second worst in the world for as long as i remember as soon as i make some money i will definitely have one of those investment citizenship I would very much like to travel and see you new places with it.
Swiss citizen here, his thought and my opinion: Andrew ranked it as the 4th best Passport in his Nomad passport index. Swiss citizenship has a lot of benefits but it‘s hard to get unless you marry a Swiss citizen. Regular naturalization usually takes up to 12 years if you‘re an adult.
@@cnnewyam Swiss citizenship only has one drawback, as far as I can tell: mandatory military service or having to pay extra tax for not doing the service. Was on a c permit for a number of years but decided against it myself.
Dieter Lesch I heard quite a few South Africans are in Uruguay. A small country with a good level of development and a strong passport seems like an interesting option. Good luck and stay safe in South Africa.
Wow this one video basically crushed my dreams and made subscribing to this channel completely useless as I was born in Iran. We left when I was a small kid and I’ve been a US citizen since but being born there will be an issue if they don’t want Iranians on their visa programs. 😪
Don’t understand why Andrew is somewhat opposed to an EU passport. Seems if you’re a slow traveler and potentially want to spend time in EU countries working digitally or otherwise an EU passport would very much facilitate matters. More specifically, I’ve often heard that Irish passport holders are typically welcomed by many countries without visa requirements. Not sure if that’s still the case. Singaporean passports are great to have if you can get one. Very versatile. Welcome almost anywhere.
The EU has an aging population. Projections are that the population will decline by 50% by the end of the century. That likely means much higher taxes combined with poor economic conditions.
@@nathaniels.9897 Yep. For that and other reasons I’m talking more about the ease of access throughout the EU as well as the UK and being able to work and get health insurance with an EU passport. Living there long term may not be the wisest choice for most. Andrew touched on the relative ease of acquisition of a given passport. I think if an EU passport could be acquired without that much trouble it would be a valuable tool.
andrew and wife having an argument.
andrew walks away.
wife: where do you think you're going?
andrew: GO
WHERE
I'M
TREATED
BEST
HAHAHAHAHAHA
Have as many back up women as you have passports.
Well said !!!!!
🤣🤣🤣🤣 that was great
Looolz
02:53 Important note.
03:17 Personal passports
04:19 Sanctioned countries like Iran, Sudan, North Korea.
06:56 Been in well-known active wars like Afghanistan, Palestine, South Sudan.
08:48 Special EU countries based on future trends of EU
Thanks!
Thanks. he takes way too long to get to the actual point of the video.
Not all heroes wear capes
@@FrenchSaladMac well put
Thank you SO MUCH
Won't ever take a passport from a country which doesn't allow dual citizenship. It might be so self-evident that Andrew did not even mention it.
you're kind of hitting your head against all what this channel is talking about... yes, when you try to diversify, you are not trying to lock yourself to a specific country.
Well if they don't allow dual citizenship they technically you're not getting a second passport. Because you will just have to hand them one. So I guess it will be your only passport...
You are right, guys. Dumb me.
It won’t necessarily be your only passport because nationality laws are not uniform and they don’t always follow rhyme or reason. There have been countries that will allow you to have a second passport if you received that citizenship automatically but not if you have to apply for it, or there are instances where you have to give up all your existing citizenships when you take a country’s citizenship but they don’t mind if you acquire other citizenships later, or instances where you must state you are renouncing your allegiance to your prior country but they don’t require you to follow it up with a formal renunciation. There’s no one set of circumstances that applies to the whole world.
I agree. I am constantly contemplating if I should give up my German citizenship for this reason. Dual citizenship is possible, but very difficult
Being a Sudanese passport holder and hearing this... Cuts deep man 😭
Nigerian passport holder here. There's no way to go but up, lol
مغسة 🙂💔
@@lucius4753 Are you that Nigerian Prince that want to give all his money away for a small handling fee?
Theres always Iran or N. Korea?😝
Just kidding🤗
@@douglasthompson9070 yawn 🥱
I got an EU passport and now I live in England and I’m working towards getting my UK citizenship. I left the US after living there for 18 years.
Good luck, no more EU passport now in the UK
mw01908 I already got indefinite leave to remain, so I’m all set.
@@marinangelov The point I meant was we are getting dark blue UK passports now. No more EU rubbish
Lucky! I'd give my back molars for an EU passport. (But Israeli is OK, much better than the US.)
@@madmonkee6757 A UK passport was around way before the EU was ever dreamt up. It is and always will be superior. Soon the EU will collapse anyway and countries will go back to their own passports
Actually, after a 30 years of travelling all around the world I understood that any passport with a 6-7-8... figure credit cards/cash as a "supporting document" should be great! 😉
Andrew is the mellowest and most convincing motivational speaker there is.
Why would anyone in their right mind want to get North Korean citizenship? 🇰🇵
So you can worship and praise the almighty KIM JONG UN
Glory to the leader!
To be a true comrade maybe lol
Hail HYDRA!!!
Cuz It's the greatest country in the World, Duh!
Second passport I would not want: CHAZ
hahaha! CHAZ don't ask for your approval to make you into its citizen!
CHAZ may be a sign of things coming to the US. Get out while you can. I'm planning to get a second citizenship asap to escape the high economic/social/political risks happening in the US.
What is chaz?
@@ToxicVaccines_HivHoaxDuring the riots in Seattle the police abandoned one of their buildings due to the violent protests. The people who live around there decided to fence themselves off to live in a Post-Police Society known as the Capital Hill Autonomous Zone.
It is now called Chopistan. Lol.
Japan passports are fairly desirable. But they're hard to get, and Japan doesn't permit dual-citizenship, so you are required to renounce any other citizenship. I don't think that they require proof of renunciation, but you risk losing the Japanese citizenship if you play games with them.
I had to provide my proof of renunciation before I received my final decision of naturalization and going on to create a Koseki. So yeah, it depends on your original nationality. Although it wasn’t as hard as I thought it would be - the process/paperwork is quite straight-forward, and as long as you have no criminal record and elementary proficiency in Japanese (with stable finance), it is very easy to get approved.
@@ScipioAfricanus1992 Interesting. So wha's your new name?
You're comments about Canada are bang on, it's freezing cold and taxes are through the roof. Avoid. However, they do not tax their citizens overseas, so you can move around quite easily overseas.
same with EU and living in switzerland. you are no longer obliged to pay taxes "home", but you keep the nice perks of your top notch passport and enjoy low local taxes. becoming a full fledged swiss citizen is PITA :D
@@rivenoak PITA?
@@gopherlee9427 pain in the ass :)
not for lazy bureaucrats there, but because you are not entitled to ask your county/city, the canton and the federation until you've spend some years in CH already.
for example Zurich (largest city in CH) sets the bar at *10 years* or 5 years if you are married to a swiss citizen. by that threshold the other requirements (somewhat fluent german, knowledge of the politicalk system etc. ) would come naturally.
in most cases it would be easier to obtain one of the EU citizenships and just reside in CH, if the proud _Eidgenossenschaft_ is your favourite place to live. :)
Technically you are taxed overseas on your earnings outside Canada. However, why would you declare it?
Me sitting here, gazing at my one and only passport, an iraqi passport.
The Iraqi passport is very interesting. My grandparents in the 70s and 80s were able to travel all around europe and many places not only because of the strong passport but also the fact the currency was at one point stronger than the USD. How times have changed.. Iraq is slowly rebuilding and I believe long term will be a strong nation again. Its highly educated successful diaspora will be relied upon. I for one will be doing my bit.
@@Treckorz i really hope so
😂
Come Hussain let's let you a Turkish passport :)
@@utkuturkmen4287 i think turkish conditions are quite rigorous, it's certainly a much much better passport but difficult.
Funny enough since my grandfather's name is literally "turkish" but in arabic lol
In the USA being a Cuban citizen isn’t a problem at all, in fact , Cuban nationals are the only nationality which gets permanent residency very easy compared to other nationalities
Im a Cuban born and I have three other citizenships
:
New Zealand
Spain and USA
Hi! My parents came to the US from Cuba.
Spain was offering Spanish citizenship to all those who wanted to that could prove they had a Spanish Grandparent.
Spain is also a country that nominally requires you to renounce previous citizenships.
If I may ask, How do you have those?
Did you apply for Spanish citizen through the grandfather law?
Did you have American Citizenship at the time?
If so how did you avoid losing it?
I ask because there's talk of Spain reopening that citizenship program, and I'm interested in maybe acquiring Spanish Citizenship this way, but I don't wish to lose my American citizenship, I live here and don't plan on moving any time soon.
@@Ratchet4647 i have my Spanish citizenship since I was a child through my mother and grandparents
Im a naturalized USA citizen and I haven’t lost my Spanish one as I’m a Cuban born
Dual citizenship
Dual citizenship is permitted for all Spaniards by origin, as long as they declare their will to retain Spanish nationality within three years of the acquisition of another nationality. This requirement is waived for the acquisition of the nationality of an Iberoamerican country, Andorra, the Philippines, Equatorial Guinea or Portugal, and any other country that Spain may sign a bilateral agreement with.
Didn't Obama stop that?
@@Tetex not at all
Que volá asere?
Love the picture in the background! That is beautiful!
My first thought when hearing someone talk of getting a second citizenship has always been, "But that means you'll need to pay more taxes!" I'm an American, and this is all I've ever known. It's difficult to imagine that it's only my country that has this rule.
I think that Eritrea and Ethiopia also tax expats, but only just a smidgen
Poland , one of the best country presently and I think in the future.
There is a long pro list, just few examples;
- passport ranking one of the top.
- stable growing economy since 20 years.
- free of Islam influence, no single terrorist attack.
-low crime rate, safer then Western European countries
- very affordable prices
- delicious natural inexpensive food
-nature, sea, mountains, lakes,forests
-excellent affordable communication
- clean cities and more and more.
Poland is on my list. I think I can get it fairly easily. So far it is on my list of 2 countries to check
Exactly right. Poland would be the top passport that I would want out of the EU countries.
If it stays in the EU...
@@josefgatti9328Then Poland would be even better!
@@iakona23 Perhaps...
"My ultimate allegiance is to me.."! AMEN!
Worth mentioning China, or now the HKSAR passport of Hong Kong. Not only can you not have (legally) 2nd citizenships in China, but they 'own' you around the world. HK citizens (the booksellers who wrote salacious revelations on the country's leaders) vanished aboard and miraculously turned up in mainland China IN JAIL months later making confessions of one sort or other. The fact that 2 of these people had either UK or Swedish citizenship did not stop their abductions and imprisonment.
There is now a scramble for the other passport in HK, the BNO (british nationals overseas) for those who lived in HK before the handover, which the british have announced can now obtain a path to full british citizenship.
I can't even fathom why anyone would think of getting a Chinese passport without intention of permanently living there. Being Asian, I know and have witnessed China's atrocities to their neighbouring countries, especially those weaker than them.
Unthinkable that the Brits handed over to the Commies, HK was a thriving place under Brit rule, all they had to do was not "recognize" the Commies, and cut a deal with Taiwan
I love how straightforward these videos are.
The Canadian passport is also a handy one to have if you renounce your US citizenship but would still like to visit often--for up to 6 months of the year, to be precise--without any visas, e-permits or what have you. You just show up and you're allowed in.
I think you get questioned like gestapo both ways
If you have a US place of birth on your Canadian passport the border guard will probably ask you why you're not traveling on your US passport. If you're otherwise clean you should probably get in, but there's no guarantees@@bambamermitanyo1049
My wife had to give up her Korean citizenship when she became an American. I was in the Army when we met, and she was already a Canadian resident. She didn't really want to come to the US because she thought we were all who she saw on Jerry Springer. She had to give up her Canadian residency to follow me. As we get old, however, I really want to explore the option of going back to Korea for her. I will not live as long as her with my family medical history and cannot imagine the depression she would have from eventually moving into an American senior citizen home. We are still far away from retirement, but I want to get started on the planning now. Can you give any pros and cons of moving back to South Korea? Our daughter has modeled there when she was a baby, so i think it would be great for her to be able to freely go back and forth between the two countries as well.
Why not try get Taiwanese citizenship instead. It might be easier to get some other country citizenship than Korean. Don’t forget that your wife gave up her Korean citizenship, which means it would be difficult for her to get it again.
@@1mol831 Korea makes it easy for her to go back, and she wants to be comfortable in retirement by eating all Korean food and speaking in Korean.
Iran does not grant citizenship to any foreigners, but only to people who were born overseas of Iranian descent !!!
Whew! And I thought I was randomly going to get one in the mail.
Having a collection of citizenships also increases the chance that you'd be drafted into its army. Ever thought of that? Armenia is an example of such danger. Living abroad doesn't necessarily immunise a citizen from demands to return "home" and start fighting in a ten-year-long guerrilla war.
New Zealand taxes their citizens on world wide income. Have double taxation agreements with a lot of countries, but not all
Saw where a couple from the UK tried to immigrate. They would allow one but not the other because the other was obese. The NZ government said it would be too taxing on the healthcare system. That is why I fear socialized medicine in the US. I can just see government agents blocking fat people from going into McDonald's.
You explain that you have given up on your US citizenship, now having multiple citizenships. If someone would ask you "Of which nationality are you?", what would your answer be? Do you have a citizenship which you regard as your "main one", so you kind of feel that citizenship, being an elementary part of your personal identity?
I qualify for a passport by descent from a reputable country. Wish me good fortune
I have an American and Canadian passport. The US passport is highly respected in Vietnam and that’s about it, the Canadian passport opens doors in Asia.
Difen Crosby kind of ironic !!
I love how passionate you are about your career and this is why I love your videos 💖💖💖
I'm 49yr old male born in Seattle Washington, but my mom and dad are Canadian. I have a U.S passport and a Canada passport. duel citizen. But I went to school and worked for 7 yrs in the UK and became a UK citizen. I have 3 citizenships which is completely legal and that's a hell lot of work when it comes to tax time. I can come and go anywhere in EU union and live and work there, Also Canada and the Untied states of America. I was grandfather in. You can't get duel citizenship with Canada and the U.S. anymore. As a Canadian I can have duel citizen with the U.K. I can go and live in 30 countries with no paper work need to fill out. Just need to show my passport. And I have homes and land in 6 countries
People can still get Canadian and US citizenships, it's not unavailable. Also, a reminder, you will loose your privilege of freedom of migration within EU next year
Thanks for sharing. Another upside of having multiple passports is that you feel like a international spy or Jason Born. Hehehe.
Ireland rates high on your list, but don't try living there, they take too much of your personal worldwide income as tax
That applies to many countries.
Hi, Mark. I have a question about Ireland? I'm gonna take it to Irish passport. Is worth it? What are you think about that?
If Poland exits Eu we will very probably stay in Schengen treaty zone - so open eu borders with Polish passport stays. Recently Polish citizens don't have to obtain Visa to USA - entry just on passport. Remember also that German and Polish economies are strongly depended on each other.
@@peppersghosttheater Poland was late because USA wanted a minimum average income that at the time Poland didn’t have
@@peppersghosttheater EU caved to Poland?
Love your videos. Thank you so much for your great content, I appreciate it. I love especially that you also talk of your own way, show how and where you live and which decisions you have taken. Just great, and keep up the great work!
And BTW, your videos pointed me towards your book. I bought it, of course, having it on my Kindle.
9:05 - Public support for remaining in EU in Poland has never dropped below 70 percent. Also Poland gets massive economic benefits from membership. There's a huge number of Polish truck drivers and construction workers EU-wide that take advantage of the right to live and work in EU countries to earn higher wages than they otherwise would in Poland. I really don't think this country is "one of the first" to leave. Sure, there's high profile tensions between Brussels and Warsaw, and the EU might wish it could kick Poland out (it legally cannot), but the fundamentals of the situation just don't make a Polexit seem likely. My bet's on Italy.
You make sense and agree with you.
we are not going anywhere
Interesting comment about Canada- I'm here now & will be seeking other passports.
But unlike the US situation where one is taxed on worldwide income, Canada requires one to report global income but income tax only comes into play if one resides in Canada for 180 days, and for transactions in Canada involving Canadian property (Canadian corporations, real estate).
I suspect Canada will move to the US model soon, based on the hold the government has dug for Wuhan / China /Corona virus relief.
Why would you choose St. Lucia vs Grenada? It seems to me that Grenada is wholly more useful.
shree711 Price.
@@MegaBallPowerBall in the grand scheme of things for someone like him, the cost didn't seem vastly different.
Belarus doesn't allow dual citizenship. If you have applied for citizenship there you must agree to renounce your previous one/s before you can be granted your Belarusian one. I love Belarus btw. But sadly she doesn't allow for dual citizenship.
I had Belarusian passport and got US passport later. When I travel to Belarus, I enter using Belarusian passport and when I leave Belarus, I use US passport. Many Belarusians have double citizenship and it is not against the law.
You cannot keep the old citizenship if you naturalize in Belarus but if you are a Belarusian citizen you are allowed to acquire another citizenship since 2002.
@@Murmilone thank you
I'm impressed a tall man appreciates small spaces. I dislike huge apartments and mansions for a home for one person. You feel like you're in a hotel. Leave your keys at one end of the house and it's a hike to go back and get them. I am now downgrading to a smaller town and a smaller house in a lower tax county in Tennessee. Nashville went from a tier 3 to a tier 1 city in 15 years. The house across the street from my cottage is going for 1.5. My dream was to live in other countries but now that may not even be necessary or possible since most countries allow you 90 days just on an ordinary visit. That's probably enough for any one place. I want to see and live a while in Switzerland, Denmark, Finland, Germany, Italy, Ireland, etc.
Can you start a podcast. I would love a more in depth longer form of all of the passports or all of the countries with dual citizenship etc. Thank you your channel is incredible
Hi, Andrew. Big fan of your firm and the work you do. Also a subscriber to the channel. So here is my two cents. Could you do a video telling us the passports and residence permits you have so that we can get an idea of the top countries where we would be treated best. I personally have Kenyan and South African citizenship and im considering a Malta citizenship
Brazil also wants to tax you even if you live abroad. Unless you are out more than one year, and then you can sign a declaration "permanently leaving the country, tax wisely"
As soon as you enter Brazil after that, will you become a tax resident of Brazil immediately?
@@dr.winner2516 I don't know. Actually I need to know it, since I came back to living here
@@dr.winner2516 why do u need to know? Explain it to me. Maybe I can help you
@@GospodinJean I don't really need to know, I am just curious, I am not a Brazilian citizen, I haven't even been to brazil
@@GospodinJean Thanks for you kindness though
Sweden and Finland are two I would have a hard time deciding on, because the passports are great, but these countries are probably more likely to have strings attached in the future.
I would not take Spain, France, or Germany. But Portugal, Czechia, Poland, or Romania? Hell yes.
Why not Germany?
I'm Indian and have not even applied for an indian passport as of now so why am i watching this? 😂😂😂
There's also the long-term geopolitical future of the country. Some countries are likely to disintegrate or develop civil wars few decades into the future.
So what if you don’t have 6figures +?? How can you get a second passport?
Family lineage. Normally if you leave the west you want to be able to create your own income or have a buiness in other countries. Most guys doing this arnt looking for 5 digit jobs in other countries.
you can have it for $100.000, no need to have 6 figures
It would be nice to have an episode on how to find cheaper real estate. I am enjoying these videos.
Here's a Sudanese passport! I'M OUT! 😂😂😂
Here is a free Iranian passport + we'll pay you: No, Thanks.😂😂😂 A wise choice.
🤣🤣🤣🤣🤣🤣
Hhaa Here is an Indian Passport. No use with it. Let us give it to some Europeans as Toilet paper
Why would your client not want a Bosnian passport? You have visa free access to: all of Europe, Russia, China (+HK, Macao), South Korea, Singapore, Brazil, Chile, Columbia. Out of the interesting ones. Very few countries have visa free to EU, Russia and China.
Bosnian government doesn't not care where you go and what you earn offshore. In the unlikely event you make money on a Bosnian investment your tax is 10%. But it has been known to happen. 2 federal entities within the country, 10 cantons within one entity. One special federal region, all with their own laws and courts. So you can go jurisdiction shopping within the country itself.
Corporations tax 10%, Dividend withholding tax for non resident entities 5%. property transfers incur a 0%-5% duty on the value of the real estate.
Beer and cigarettes are dirt cheap. Gambling is legal. Fairly centrally located in Europe. Cheap flights to many EU destinations. Very relaxed laws, relaxed law enforcement. Penalty for drink driving in some jurisdictions as low as $20 USD and loss of one or 2 points off your licence. Very safe considering how many guns people have.
Very stable and safe banking system (at least in one half of the country), deposit guarantee of ~20,000 Euro per account, country wide. Very stable currency but it's pegged to the Euro. In most of the country 0% land tax. Very low apartment maintenance fees.
Most people worth speaking to speak english. I don't think its such a bad option for a someone cashed up to live. or al least have the passport. Only negatives (is that a negative?) is that there is no such thing as bankruptcy. And can take a bit of back and forth to incorporate a company in some jurisdictions.
how do you get a bosnian passport. i currently only have one passport (serbian)
Hey Andrew , I tried joining your nomad capitalist program 2 yrs ago , which your website denied because of my nationality. No offense but I felt offended . I ended up signing for EB-5 myself and got my GC . It might not be the best citizenship program ( as you’ve explained the WHY many times in your videos ) . To me , it paid well as my business being IT and having USA tag , made me even better to sell my softwares at a better price . I’d say , somebody’s junk could be somebody’s fortune . As you said , go where you’re treated best . Respect to you !
I lived in Canada for 14 years and currently live in Germany with my Canadian passport. I'm glad I obtained a Canadian citizenship instead of American :)
Going to Israel ruined my travel plans years ago! It really was a big mistake
Have a few Iranian friends living in Germany, Canada and UK. None of them ever experienced any problems opening bank accounts, getting mortgage etc.
Andrew, I think you don’t have enough Information about Iranian citizenship, I’m a Iranian Citizen and businessman and very successful with my worldwide business. Iran is Perfect to set up your company and also a Tax haven ... I’ve a big company in Tehran, I invite you to coming and visiting Iran.
Love your channel brother! Quick Question What do you think about a Mexican Passport?
If you want to own beach in Mexico you need one
Malaysia is one of the best in my opinion, but as far as I know, it doesn't allow dual citizenship, unfortunately. And at the moment the long term residency programs like MM2H have been discontinued during the pandemic saying it'll be revised before opening up again (they say it'll be up next year but I'm hearing that it may not return). Have you any insight into this Andrew?
On Norway.. you are usually required to disown all other nationalities and passports, as you can basically only be Norwegian, in the eyes of the government.. and you will be taxed accordingly
No sir, since January 2020 Norway they recognize dual citizenship. If you don't believe me google it. @eyeam9key
@@miguelgustavobohorquezblan3754 you're right.. but not sure about the taxes. (I have Norwegian and UK passport.. because of a loophole in the 70s. I forgot about the recent changes.. 👍.. but now they are tightening all the laws on nationals living abroad. Taxes, access to benefits etc.. )
@@Strykehjerne Do you think they will tax citizens abroad?
We are a lot of hungarians that were born and live in romania, and we have both Hungarian and romanian citizenships, so maybe the enemy thing is not always an issue😅
Hungary is an incredibly beautiful country. Budapest..... the jewellery of Europe.
Estonia are a very good country to Invest in
Have a look at Spain's recent capital tax. Not capital gains tax. Quite unlibertarian to say the least.
Well given the ‘gems’ they elected to power, what else can you expect?
Its great to hear about having multiple passports. I'm for it. A few years ago, I was watching 60 Minutes, Leslie Stahl did a story on 2nd passports. The man she interviewed lived and worked in Saudi Arabia ( non-citizen). He show 4 passports. (No USA passport) Leslie Stahl painted the idea of having multiple passports as criminal. That drug dealers and money lauderers have multiple passports. The story pissed me off big time. Thats when I realized 60 Minutes is biased. This is one of many reasons I don’t watch the news.
Would you take Bulgarian permanent residency by investment? Do you think EU is going to move to citizenship based taxation like US?
We covered this today: ua-cam.com/video/I--nn6LFojA/v-deo.html
Czech and Polish passport is good in my opinion.
Hi Andrew, always enjoy the topics and content. Question: For a couple considering marriage, would you need to review new/second citizenship as it pertains to spouse and how they would be added to second citizenships? Does it matter on where you record the record of marriage if you have multiple passports? Thank you.
David Smith Virtually every country has done away with the idea of a spouse obtaining their partner's citizenship upon marriage. Being married to a citizen of the country will usually help speed up the process of naturalization, but you wouldn't get citizenship just through marriage. The only remaining country where that's still a thing is Cape Verde. Marry a Cape Verdian and you could apply for citizenship the next day.
A Malaysian lady of Indian descent once told me that there is Sharia in her country, but it only applies to citizens that are Muslim, and I believe only in civil cases.
glad you made this video, i almost accept a north korean citizenship
The UK, Canada, Australia, Afghanistan, North Korea and of course the United States!
Why is australia bad
@@hanoitripper1809 as of April 2020 there's a travel ban, citizens are locked out, rumbles of taxation by citizenship and high taxes
Very good video with great informative help for people here!
Agree 😊
How do you get a British citizenship if your family immigrated from the UK from the 1700’s which I can prove my ancestry.
will hungary will have a citizenship by investment?
They cancelled their residence by investment program, so it's doubtful.
What about from Dominican Republic or Spain?
Same, i qualify for a dominican passport. But i'm not sure if it is worth it🤔
So a US passport is in the same category as Sudan and Iran? He had a free passport from the US and said “no thanks”.
Think about all the Americans with dual citizenship. Then add in those eligible for citizenship by descent or marriage. Then add permanent residents/expats. There are millions of Americans who can get out of Dodge very fast if necessary.
If a future government starts confiscating retirement accounts and raising the capital gains tax and inheritance tax, it will be too late for those without a tie to a foreign government.
Polish passport is 5th most powerful according to passport index
Do you get free sausage?
EU fills the top 10 ranks AFAIK, always nice to have
Hey Andrew, would you take the Venezuelan Passport? Yes or no?
Russia, Belarus , China , Iran , Iraq, Libya , Eritrea, South Sudan , Vietnam , Cuba , Pakistan , Saudi Arabia, Qatar ,these are the passports I would never get but also the uk and USA are a bit sticky because they aren’t very good to have in some places like Russia or China so If already have a tier a passport
What you guys think is the best between Czech,Polish and Russian passport ???
Czech unless the EU starts citizenship based taxation.
Being a dual Pakistani Passport holder, I am offended, and your also accurate :( 7:19)
This is very interesting! I would love to get your advice privately around my dual citizenship and my options .
You can contact Nomad capitalist. Unfortunately, Andrew's videos are geared towards the very rich. The information is still interesting and useful.
Where is Andrew recording this? I wonder which country or city he thinks is comfortable to reside in
Start here for an idea:
ua-cam.com/video/PEKl2OzOIHs/v-deo.html
ua-cam.com/video/NTkgVIV8y2I/v-deo.html
Kuala Lumpur, Tbilisi, Belgrade, Tivat, Bogota...
Great video as always, Andrew. Loving life in Ukraine and Eastern Europe so far. Very interested in the things you've said about Georgia and possibly Serbia. Been hearing great things about Albania also. I really enjoyed your house tours video in Serbia for cheap houses. Very cool. Would be cool to see the reality of leveraging those real estate assets, ie: rehabbing to live in them - how much does it really cost, hidden expenses, etc and the ROI for dropping them on Airbnb. For example, I can pick up a new condo in Ukraine for 30k and net 600 - 800 a month on Airbnb. Does that make sense? When you think of lifetime guaranteed income, it's compelling. But then I think about what that same money could do investing in a new business or swing trading crypto...
Feel like this aged badly!
Thanks Andrew... I was considering a Baltic sea country but I might hold off for now. Thanks Team Nomad.
Not Baltic-he said Balkan.
"highly developed English speaking countries" - exactly what I strive to avoid!!
What about Singapore? It's also one of the :highly developed English speaking countries," isn't it?
I think it would be very difficult and just not viable for world wide taxation. The US gets away with it because they bully other countries into complying with FATCA. Could South Africa do that? Probably not. Also a lot of these countries like Italy give citizenship by descent. How could italy enforce it on people who are 3rd or 4th generation american with ancestry?
I know a youngfella who got italian citizenship from descent, grandparents, mssive paperwork, repeat trips, but yeah he is proud to have it, used it to sojourn around e u for 2 3 years
I think the most vulnerable eu passport to get kicked out from eu and schengen is not Polish, but Greek. Greek public debt is now 210% of the gdp, most refugees and immigrants who enter eu enter from Greece, and Greece cannot solve sea borders issue with Turkey by itself and need the European powers to help like France. I'm originally from Greece and Greek passport holder only, and i think that a second EU passport could be a great investment if the economy collapses (and kicked out of the eu, get back to Drachma currency with high inflation rates, lose money in the banks etc).
Hey Andrew,
Just to add Liberia and USA both taxes their citizens while abroad!
Eritrea not Liberia.
USA, and Brazil
Same with St Lucia. St Lucia is cheap but don't live there. St Lucia has a global income tax like the US if you live there. St KItts is more expensive by $50K but the tax situation is MUCH better.
I have two of the passports on your, "good to have list." I guess I am so lucky?
How are you,,,question,,,im a usa citizen but I would like to become an Indonesian citizen because my wife is from that country,,,how ever, Indonesia doesn't allow dual citizenship,,in other words, they make you get some letter from the usa embassy saying that you renounce the usa citizenship, some thing to that effect,,,can you please help ,thanks
It is beneficial to have a second passport if you are an American citizen but for what reason if you still have to pay US taxes and live in the US? You can almost go everywhere without visa using American passport. I want to get a passport that allows me to visit US without visa, then cancel my US citizenship so I don’t pay 40% federal and 10% state tax. There are only 39 countries (majority in the EU) that don’t require visa to visit US. It would be interesting to know which of 39 countries Andrew would recommend to get passports of.
"You can almost go everywhere without visa using American passport"
Where's that everywhere? You cannot go to China, you cannot go to India, you cannot go to Turkey, you cannot go to Russia, most African countries require a visa.
Finally an American who pronounces Eeron and not Eye-raan
Which countries don't allow dual citizenship?
Please check the file below. Countries with dual cit score of 10 won't allow dual citizenship.
nomadcapitalist.com/wp-content/uploads/2019/04/nomad-passport-index-2019.pdf
What passports do you have?
We cover this here: ua-cam.com/video/-TTaw7cPw-o/v-deo.html
Something tells me he has 14 citizenships and 5 residencies.
AV8R PhoenixRabbit Max 5 are allowed from what I’ve read is what is capable.
How about Nigeria for a 2nd passport?
I am South African, no ancestry anything I can claim (Germany). I'm REALLY interested in Spain, so much that I'm willing to give up my RSA one. I don't intend to just work in Spain but all over Europe (film industry). Any thoughts, glaring red flags regarding Spain?
Spain is fantastic.
You don't happen to be a Sephardic Jew, by chance? Because Portugal still has a program (though I think Spain's program has expired).
Anyone know what that painting is on the wall behind Andrew?
This was a really good video!
great video as usual mate. Would you recommend someone giving up their current citizenship to acquire a new citizenship, even if the new citizenship is as good as Singapore's?
Well, it depends on each one's situation but I would say that the Singaporean's worth the effort.
@Manisha Sinhababu Is that India?
I would accept any thing that isnt iraqi passport.
We have been either first or second worst in the world for as long as i remember as soon as i make some money i will definitely have one of those investment citizenship I would very much like to travel and see you new places with it.
Great video today. Quick question, what are your thoughts on Swiss residency/passport? Edit: Greetings from South Africa
Swiss citizen here, his thought and my opinion: Andrew ranked it as the 4th best Passport in his Nomad passport index. Swiss citizenship has a lot of benefits but it‘s hard to get unless you marry a Swiss citizen. Regular naturalization usually takes up to 12 years if you‘re an adult.
@@cnnewyam Swiss citizenship only has one drawback, as far as I can tell: mandatory military service or having to pay extra tax for not doing the service. Was on a c permit for a number of years but decided against it myself.
Dieter Lesch I heard quite a few South Africans are in Uruguay. A small country with a good level of development and a strong passport seems like an interesting option. Good luck and stay safe in South Africa.
@@marcusberglund9105 Military service in a service that will never have a war.... Sounds good to me.
@@talent103 im glad you would enjoy it as you'd be doing it 4-6 weeks per year without pay. Every year.
Wow this one video basically crushed my dreams and made subscribing to this channel completely useless as I was born in Iran. We left when I was a small kid and I’ve been a US citizen since but being born there will be an issue if they don’t want Iranians on their visa programs. 😪
Don’t understand why Andrew is somewhat opposed to an EU passport. Seems if you’re a slow traveler and potentially want to spend time in EU countries working digitally or otherwise an EU passport would very much facilitate matters.
More specifically, I’ve often heard that Irish passport holders are typically welcomed by many countries without visa requirements. Not sure if that’s still the case.
Singaporean passports are great to have if you can get one. Very versatile. Welcome almost anywhere.
The EU has an aging population. Projections are that the population will decline by 50% by the end of the century. That likely means much higher taxes combined with poor economic conditions.
@@nathaniels.9897 Yep. For that and other reasons I’m talking more about the ease of access throughout the EU as well as the UK and being able to work and get health insurance with an EU passport. Living there long term may not be the wisest choice for most. Andrew touched on the relative ease of acquisition of a given passport. I think if an EU passport could be acquired without that much trouble it would be a valuable tool.