How Many Citizenships Can You Have?
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- Опубліковано 4 кві 2021
- nomadcapitalist.com/second-pa...
How many passports can you have? In this video, Andrew discusses how dual citizenship works, which country allows it, and how you can get a second (or third or fourth or fifth…) citizenship.
Andrew Henderson and the Nomad Capitalist team are the world's most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best".
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I Have U.S, Canada, Hong Kong, British Overseas National, St.Kitts, 5 citizenships, probably getting more if I can lol
How do you keep your Hong Kong passport? I thought they follow the Chinese citizenship rules and therefore if you are a citizen of Hong Kong you cannot hold other passports?
@@dns9155 Maybe he had the HK Passport from when HK was still a possession of Britain (pre-1999). Anyone with a pre-1999 HK Passport can automatically get British Citizenship if they want it
@@augustuscaesar9995 It's 1997
@@augustuscaesar9995 No they cannot automatically get British Citizenship, they could only get a British Overseas National status and they had to apply before Hong Kong got handover to China
@@dr.winner2516 OK, I was wrong. A BNO passport isn’t exactly the same as a UK passport, but the UK government did recently allow BNO passport holders to get a 5-year UK visa that would allow them to apply for permanent UK citizenship afterward
I definitely want to have more than one citizenship....
What's your nationality man ?
@@YonIon996why?
@@YonIon996 your existence should be illegal in every nation
This is getting tricky. I like it.
Just in the process of making dual citizenship :D
Andrew I'm sure you're about to cover Yellen's global tax :(
Is it cheaper by the dozen?
This is very helpful information. Thank you for sharing.
Glad it was helpful!
@@YonIon996 your existence should be illegal in every nation
I just want to have one more passport more than Andrew.
How could my government know if i have another citizenship?
I'm Bosnian, recently became US citizen and we are moving soon to Nicaragua and will be applying for citizenship there as well, my husband was born there and we have investments. Never thought I'd end up there,but it's exciting 😁
I’m Colombian live in Mexico and grew up in Atlanta
Why did you leave atlanta
what country would be tax resident if you have 3 passports and only spend a third i.e less than 183 days of time in each.
One new development in both the
For me id stop at 2
Who had the most citizenships ever?
They require you to reveal your citizenships? Who's to say If I choose to not say? I don't have another citizenship.
Wow
I have 2 citizenships, Martian and Klingon
Yep. USA, Mexico,Lithuania , and UK
Which do you like best?
Canadian thinking of getting my Mexican..not sure. Any advise? I live in Mexico.
@@VwapTrader not a question of which I like best. They're all useful and each allows me to do something different. It is a great insurance policy and allows you to move around freely to many countries.
@@shoshi06 I would get the passport. Using an fm3 is more of a hassle and the passport gives you benefits.
@@eddierubio2796 thx!
I wonder how many countries require an oath of allegiance in addition to lawful behavior. Presumably, you and your citizen children are subject to any draft and other wartime laws. Switzerland allows dual citizenship when one's other country also does. All Swiss citizens are conscripted into military service upon reaching the age of majority. Georgia has a year of mandatory military service for men.
Yeah, of course it's exactly as I suspected.
Being half Italian and half dutch, I was allowed to have dual citizenship as a kid, but at 18yo I was asked to choose between the two.
I was wondering if there was a way to reverse that and get my dutch passport back.... 😔
why tho? The italian one is much better
@@YonIon996 your existence should be illegal in every nation
Ah, so you chose Italian? Nice.
No, the Netherlands, as a monarchy, might never allow multiple citizenship. However, the Italian passport is strong, and it doesn’t prevent you from living and working in the Netherlands if you want to..
Imagine when you entering a country the border control checking your stuff, they found a dozen of passports, then they lock you up and spend 2 weeks going thru each of them…
@Nomad Capitalist Once I flew to the capital of a country in Europe, the officer at the border control checking my passport with an eye loupe for 5 minutes, then she handed my passport to another officer who then asked me to wait on a bench in front of the booth. After 40 minutes the other officer came back and told me I’m good to go. I told this to the local guy waiting outside to pick me up, he said they took my passport to the onsite xxb office for further inspection. I was thinking what they would do if I have 2 passports. There’s only one country where that imfamous agency still exists. I ended up looking over my shoulder the whole time during my stay there.
@@YonIon996 it shouldn't and it's not. And stop spamming.
@@YonIon996 your existence should be illegal in every nation
I have 2 citizenship, Dominican and American
If you were born in Malaysia, you are Malaysian citizen. But later in life, when you acquire another citizenship, e.g. Australian citizen, then you lose your Malaysian citizenship. Malaysia does not allow dual citizenship.
@@YonIon996L take
@@YonIon996There is really no logical reason to make dual citizenship illegal...
@@YonIon996 You don't have a say about the laws of every nation.
... or are you a citizen of every nation?
@sidnombofan your existence should be illegal in every nation
Very interesting, personally I got hk, Macao, uk, Ireland, and South Africa. I hope I can get more in the future lol
From which country are you?
Born with three citizenships, have citizenship by residence in two countries and currently investigating a CBI program and one by ancestry. Wish me luck!
Oh you're lucky! keep it up Adrian😊
@@YonIon996 your existence should be illegal in every nation
As many as you like.
Don't forget Malaysia:)
Have 2 right now: Venezuelan and Cuban. I was born in the first and the second is where my father is born.
Getting American by Naturalization and Colombian by my mother.
Most likely I’m gonna use the American one for the rest of my Life, but hey, here we are
Does Venezuela allow you to have so many without having to renounce your venezuelan citizenship? Been looking for this answer
Hello, i have a question and i will be glad if you take time to answer it, so my question is: i heard you have to provide all documents including bank balances, assets ( worldwide) before you Renounce your us citizenship and can't have over 2 million of net worth on the day of expatriation if you wanna avoid exit tax so which day is exactly the expatriation date? Is it the day you go to consulate and take renounce oath or the day you receive cls certificate after couple of month? Which is the exact expatriation day?
@@ian7379 main point is the net worth thing, so you think after interview/oath day they can't do anything to seize my net worth even before sending the cls certificate?
@@vipdemand5965 They don't seize your money - you get a final tax bill - which if you don't pay it you will have your assets seized to pay them assuming they are within reach of the US government. I am assuming you want to be compliant with US law, which is the point of trying to be an uncovered expat after all and being done with the US government once and for all. The US government can also audit your tax returns in subsequent years - if you fill in the US or from what other countries give them - and if they are not satisfied that you were truthful when you expatriated they could come after you even after you have given up your citizenship. But that would be the rare case and probably involve lots of $$$.
@@angusparker440 probably they gonna fail big time if they come after to seize foreign assets, not everyone bow down to us government just saying
@@vipdemand5965 If you ever want to come back into the US you would want to be tax compliant .... if you move to Somalia and never leave I expect you will have no problems ....
@@angusparker440 lol why Somalia there are plenty of countries in the world btw i already have 2 citizenship planning to get some more and if you ever wanna come back to USA as an investor they'll gladly let you in ✌
Russia does not forbid dual citizenship. However, Russian citizens must disclose their non-Russian citizenship to the government. This was introduced in 2014 maybe after a series of investigations which uncovered a few government officials having foreign citizenship. Interestingly enough, there's a special law provision for Crimea residents - they are not considered as having Ukrainian citizenship even if they are in fact.
Do you have to pay taxes in every country where you have citizenship?
No
I’m not allowed to have dual citizenship. I’m a US federal employee.
Do you think MM2H is coming back?
Would travelling in and out on different passports and nationalities allow more days in the Schengen zone?
It shouldn't. If the border control is able to link your person to your multiple passports (not sure if they can ATM), they can simply reject you - or even worse if they consider you are really trying to cheat in order to live there perpetually on tourist visas, for example.
Thanks! Although having a little more flexibility would come in handy from time to time.
The visa is issued to you with the passport you enter on, as the passport you enter with sets the terms and eligibility of your visa. You would have to do another visa run. That said, you can re-enter on another passport and get an extra 90 days and should not have to wait the 90 days outside of the EU like you would if you used the same passport as you did on your first entry.
The definition is free travel over 26 EU countries..
@@escalatedpumpkin all such visa are collected in an EU-wide visa database and therefore EU knows you spent days already. my guess: you will have to wait 90 days outside.
for germany: the restriction mentioned would apply if german citizenship is obtained by naturalization: you have to forsake your former citizenship, but lot of exceptions exist. some countries would just outright deny your wish of renouncement of the "former" one, so germany will wave that requirement.
all other EU citizenships + Switzerland are also excempt. :)
for CBI example: if a german would aquire St. Kitts and Nevis or whatever citizenship outside of EU/Switzerland: loss of german citizenship on the spot UNLESS the citizens asked nicely to keep german citizenship AND asked *prior* to the naturalization abroad. still in german gov discretion to grant that
if a german citizen was born where _ius solis_ is a thing: that's cool too. you cannot be blamed for your place of birth ;)
Nice, very well explained.
@@rubensnogueira5838 for another obvious way of application: marry a german and stay for some time, afaik 3 years. you still have to renounce former citizenships aside from the mentioned exceptions. but any other way of naturalization takes 8 years of lawful residence permit.
@@rivenoak yeah, Germany is a kind of strange scenario. If you ask about the possibility of dual citizenship, the answer is not "yes" or "no" but something like "50%".
''...UNLESS the citizens asked nicely''? lol :-) i dont know whats better: to be able to have to ask nicely enough or just to pay with an envelope! but seriously: if you are planning to be wealthy and an international entrepreneur, then i guess its not worth the trouble of getting/having the German citizenship. At some point you will need to acquire other citizenships like a Caribbean Community or the like, and so you will just lose the German one anyway.
@@tentimetex what do you need caribbean citizenship for while sitting on a german passport ?
One can have upto 200 Passports
I am the exception. I would want St. Lucia's passport and get rid of my Austrian one, in order to be freed from military service in the reserves. And also to get rid of whatever taxmonster will arise in the EU's future.
@@ian7379 Thanks! True, that's actually my Plan A. I'm going to try Nicaragua first.
@@ian7379 Nice! I like it. But for me, the EU is history. This behemoth will find out one of these days, that when you copy an idiotic system like the USSR, but think you can pull it off wisely, its still an idiotic system.
@@YonIon996 Dude, you'll have to post a lot on this channel, if you want everyone to know that opinion of yours.
@@YonIon996 your existence should be illegal in every nation
The 1% of high income earners has entered chat*
I'm Venezuelan and still awaiting for the response of my Brazilian citizenship application, I'm wondering where I go to next.
I'm Venezuelan too, how long have you been in Brazil?
@@ichbinhier355 Since 2015.
Come to Portugal!
@@arotaruus3253 that`s on my mind, going to the EU in general, my wife has some portuguese descent so if I got that passport for her would be nice to live somewhere in the EU.
@@miguelgustavobohorquezblan3754 good luck. It’s also quite easy to get citizenship in Portugal. If not you can always try Spain (but Portugal offers more tax incentives in my opinion)
I was born in Portugal (EU), living in the US for a decade. It's possible I'll go back one day, still undecided so I'm still wondering if it's worth getting US nationality. Trying to get a sense for the drawbacks though, any comments on this? Is it true you still need to file US taxes, and possibly have to pay taxes to uncle sam even though you might not live there anymore?
@Inthe Flow thank you. I will do my research and contact a cpa.
One of my friends just renounced her US citizenship because she was fed up of having to pay US taxes every year despite not even living there anymore. She already has Belgian and I think also Philippine citizenship.
@@wincymixx how hard is it to renounce a citizenship? Didn't even know that was possible.
Não pegue a cidadania América não! Fica só com o Green Card! Senão terá que pagar taxas pros usa mesmo não morando lá! Eu também sou português
@@cristaosunidos.academy o problema é que perdes o green card saindo do país 6+ meses.
Portugal tem tax treaty com o US, só começas a pagar taxs ao uncle Sam se fizeres mais que 120k.
Se ganhares mais que isso por ano, melhor criar uma empresa e fazer channel dos fundos por lá antes.
Janet Yellen's call for a global minimum tax has to be a topic for you. Her comments seem so out of touch.
CIA has entered the chat
I am an Italian by birth, an American by naturalization ( don’t know if I will keep this citizenship , though , given the current social and political bullshit going on .) and planning to get - in time - the Panamanian citizenship .
Gentlemen i like to ask you a question, since you are an Italian please tell me do Italy tax their citizens for worldwide income?
@@vipdemand5965 of course NOT ! The only TWO countries that do that are Ethiopia and USA.
@@itadrummer1 "if you are living in Italy for more than 183 days a year (regardless of whether you have registered as a resident or not), you must pay taxes on your worldwide income here. If you are living in Italy for fewer than 183 consecutive days over a 12-month period, you will only pay taxes on the income you earned in Italy. Your obligation to file your taxes in Italy is related to your presence in Italy."
That's what I found after searching a bit, what's your opinion on it?
@@vipdemand5965 don’t really know , I left Italy twenty three years ago and never filed taxes since 🤣🤣🤣
@@itadrummer1 good for you, i guess since you're not staying at Italy over 183 days therefore you don't even need to report it to Italy ✌
Just want to apologize for my last post Andrew, regarding your last post when you talked about the possibility of getting your 50k watch stolen or driving exotic sports cars in Monaco. For some some reason your replies back to me were deleted and didn't get a chance to apologize or inquire further to who you were referring me to?
When I hear about Bezos and all these other billionaires not paying taxes and money laundering through shell companies in offshore Panama bank accts. To avoid taxation just so wealthy can add a couple more 50k watches or a 4th vacation home to their collelection, to obsess so much about wealth taxes almost seems pathological when you put everything in perspective.. Perhaps if the wealthy paid their fair share and didn't buy that extra mansion in the Caribbean.. maybe USA wouldnt be turning into a 3rd world shittthole and none of us would have to worry about getting dual citizenships?
Even animals know not to Shitton where they sleep and eat but I guess the super rich thinks it's ok if they gate it out or move somewhere else.. rinse and repeat.. huh
I understand half our taxes goes to good and the other half wastes on corrupt corporate bailouts and Military Industrial Complex, but to many ppl who talk like you, don't like their taxes going to "welfare" social programs or anything public or non-private... forgive me if I'm wrong,
With that said, Thank you, I genuinely appreciate the free content you provide for US peasants;) about citizenship we get it, you're a multi millionaire but I doubt no more than 10% of your subs could ever afford or relate to the suggestions you talk about, the other 90% are split, 1/2 dreaming about exporting their American Dream, and my camp who know the American Dream was knocked out with the right left combo punches of Reagan and Clinton. Some would argue the left right magical bullets knocking out Kennedy was the beginning of the end.. but U.S. all know we're fkd with no democracy when Bernie and Trump was defeated by Kackaling Kamala and "Weekend with Bernie"
It's looking like they are going to enforce vaccine passports, require vaccine ID's to go anywhere in US There are millions who will refuse, whether you agree or not..
Many of us are into homesteading, the one guaranteed return on your investment is buying good farm land with a large underground water reserve preferably isolated to one property to prevent contamination from òne neighbor dumping tons of waste we have to control over..
We don't care about 5 star hotels and sushi restaurants.. simply want to know what's the safest most stable countries to buy farmland and easiest to get citizenship..
I heard or Expats getting their vacation beach homes confiscated or squated in Mexico, but I assume safety in expat communities...
Many wealthy boomers I know who agree with me, a self sustainable farm is the least riskiest investment and we know the corrupted US gov will never aĺlow a self sustainable off the grid bartering economy farm to flourish and I can guess it's not your style..
However I think there will be a big consulting niche for helping people who are tired of playing this perpetual boom bust cycle we call capitalism..
To the capitalists defense, we don't have a free market and by definition, we living in fascism.. just look it up.. And try to argue otherwise....??
My rule of thumb is: have as many passports as countries where you're banking and don't ever mix them (don't be a citizen of a country that you bank in).
And by 'banking in' I'm not talking about having an account or an LLC over there: I'm talking the full financial hub/lawyer combo.
So if I live in Mexico as a Canadian and bank in both places should I not get Mexican Citizenship? Trying to figure out what to do..thx
@@shoshi06 that's hardly a nomadic lifestyle that justifies a multi-flag approach to your finances and tax management so a multi-passport approach wouldn't garner much (if any) advantages.
@@panaceiasuberes6464 thank you!
@@shoshi06 The only way you could justify having a different passport was if you had a company operating under Mexican law but got into a citizenship-by-invest program to get out of Mexican taxes on your capital gains, but that would also imply get out of Mexico into a residency at another country. Then you would only pay your corporate tax in Mexico but because you'd be residing outside and not being a national your investments worldwide would be protected. This also works if you're a consultant and can operate online for at least 183 days a year outside Mexico.
Banking
Someone may correct me, but jus sanguinis seems to be an universal rule and jus soli comes on top of it, if applicable. Some exceptions apart (ex.: a Lebanese mother), the parents will always pass their nationalities to their children; the country of birth may give an extra citizenship regardless of the parents' nationalities.
Cuba is a weird exception, iirc. If a child of Cuban parents is born outside of Cuba, it's not a citizen.
@@stevemeier2852 so a baby born in Lebanon from a Cuban father and a Lebanese mother is stateless. Sweet...
...all of them?
(Un)fortunately not. But it would be a fun experiment to calculate the theoretical maximum number of citizenships a single person can have.
For anybody with a decent passport (like most of EU members) already there is no point getting a citizenship of USA, Australia, Canada, Japan, Hungary or Austria. There is no benefits. Only downsides. They are only worth it if you have a low rank passport like Haiti, Djibouti, Palestine, not to even mention Afghanistan or Syria.
Hi, could you explain why there are downsides for Austria, Hungary, Canada and Australia? I understand USA why.. But the others?
@@pabloarielfernandez2234 There are countries that will force you to get rid of your other citizenships. Some countries will overreach beyond their borders in terms of tax reporting. And some have just started becoming more and more totalitarian like Canada or Australia and you don't want to be a subject to them.
@@darek4488what about UK? Is it worth it??
@@luisvilleda9804 If you want to live in a city avoid UK. The only time I was genuinely scared for my safety in the last few years was when I visited UK. It is also extremely dirty on the streets.
@@darek4488what citizenships do you recommend ??
Imagine being a citizen of the US/Canada and a European country that would be great.
Wouldn’t make any difference tbh
@@j.s.1878 not on the horizon....
Yep citizen of Italy, Canada, and the USA.
@@willc1294 yes
If you like being taxed to death I guess
I want to get a central American citizenship then come back to the US and then get everything for free and vote Democrat
He talk a lot
Leeches