What about you? Would you go for that second passport? Comment below with your suggestions or ideas for new topics you want us to discuss. Also, if you enjoyed watching this video, give it a thumbs up and click on the subscribe button.
I never knew my father growing up, but a few years ago I discovered he is Canadian. I recently claimed my Canadian citizenship and got my second passport.
I've got 3 Passports obtained through family heritage. It's not an easy process, and as Andrew mentioned, it can be a hassle getting all the paperwork in order, but well worth it if you can do it.
The best package is : 1 Get passport of Grenada by donation. 2 Get permanent residency of Columbia by either real estate investment or by opening a company. 3 Establish a corporation in Georgia (no tax on worldwide income) 4 Take tax free residency of Malaysia. 5 VOILA.
Just checked about Canadian citizenship: spending roughly 7 months a year in Canada during 5 years is enough to be eligible (well, if you fulfill all the other requirements). That's absolutely fair, considering that my second citizenship took me 7 years. If one can manage to optimize taxes, I think it can cost much less than investing somewhere else.
I have citizenship of Australia and Thailand. I actually gained official Thai citizenship at age 29, even though technically I was "Thai at birth" because my mother is Thai.
Totally understand what Andrew was talking about. Just stayed at a hotel with my wife and we talked about something that was a bit sensitive. We ended ordering food take out back to our room where we can talk more freely. I can have a meal with my wife in my room. Not sure if I am willing to do the same with a business friend/partner.
i have lived in Europe for years and finally needed to renew my UK passport so took the time to also apply for my son , who holds a different citizenship by birth. The whole process was quite easy , but just needed to be a little careful on obtaining official original documents ( no photocopies , only documents provided and stamped by the civil authorities , then translated into English ) The whole thing took about three weeks before his UK passport came through the letter box . The most complicated part was getting all the information as everywhere on the internet said he is a citizen at birth , although there are no official papers to show proof ... a bit odd but all very easy in the end , now he has the official citizenship of both his birthplace and the UK . His mum on the other hand can not claim UK citizenship due to having never lived there . The one thing I found out is he can’t pass on his newly aquired citizenship to his children if they are born overseas .
Naturalization would be my best route for lack of foreign family origins. Anyway, I am planning for the long term and actually buying property, setting up business and spending a few months a year. Following the 25Celcius weather where I'm treated best around the world while saving on taxes is my goal.
Dual citizenship and multiple passport are nice, but I’m interested in all the lucrative residences you can get like in Thailand or in Malaysia, primarily the ones that require little time in the country, but open to any that are rewarding like in Thailand.
Interesting seeing the options that are out there. In Australia there were a whole lot of politicians that had to quit their jobs as they didn't realise they were dual citizens by heritage and dual citizenship isn't allowed for Australian politicians. That second passport can be a help or a hinderance, depending on your unique situation!
What is the difference between having a passport and having citizenship? The United States says that their passport is the federal government's property, and they can seize it, yet citizenship is unaffected.
I love all the information u offer in the videos. I just recieve ur book so I am ready to get into it. I am interested in #3 option. I would like to live in a country for 9 months to a year or more. I am not doing for the second passport per say but it would be a plus but more to welcome a different lifestyle and culture. Thx
If you are a US citizen don't you have to give up your US citizenship if you become a citizen of another country? I have always heard that the US doesn't allow multiple citizenships?
The Philippines will not allow anyone to have dual citizenship unless they were born in the Philippines. Correct me if I've made an error in my comment.
What my biggest concern is, is the paperwork. I have dual citizenship as well as the GC and I have to do so much paperwork for each country for taxes and other requirements. I am just a normal working person, but filling the taxes and doing various other paperwork is a nightmare, so I am now thinking what is the simplest thing to do and just settle in one place and get rid of all the other paperwork.
Angie Stones Ph.D. It depends on which citizenships you hold. I only file tax returns or reporting in one country of citizenship because I also have assets there. Not all citizenships are equal.
St Kitts is better because no military service when your kids hit 18 yrs old and St Kitts is a Tax Haven. Turkey is not a Tax Haven but you get more visa-free travel on their Passport.
What is “best” for one is vastly different than what’s best for another. Our diagnostic process with someone we help involves 200+ questions, which speaks to the fact that nothing is ever one-size-fits-all.
@@nomadkickbox4049 Hi. Thanks for the reply. As per my understanding no military sercive is required for Turkish Citizenship by Investment (TCBI) Program.
@@Crusder1000 If you want "fast" (in the Caribbean), go with Dominica or St. Lucia. As for Latin America, the only one that's "fast" is Peru; and for that, you've got to pay $25K... then reside in the country for two years, and then demonstrate proficiency in Spanish. As far as I know, all the other countries of Latin America require a wait of at least 5 years, although the actual "time on the ground" varies. As with everything else in life, there are tradeoffs; so it will depend on what your priorities are WRT speed, financial cost, time on the ground, and requirement to learn Spanish.
dlukton I heard that Grenda is also nice as it also can be a proper place for retirement as it is safe from what I heard or am I confusing it with another island?
I do not think that the U.S (which allow dual citizenship) is going to tell the government of your country of origin that you've got U.S citizenship. If your country of origin allows multiple citizenships, then the problem does not even arise, but if it's otherwise, maybe you can be a D.C by just not letting them know. There are lots of individuals having D.C of countries that do not allow it.
Abdou Abdou It’s definitely possible, but lots of work and nepotism involved. I’m born and raised in Saudi but I can never get it because I’m not Muslim but I think soon this will change under MBS.
Hello! I am inquiring about having a dual citizenship/passport in South Africa. I am from the U.S. Could you share the process I am very confused. Thanks so much @nomadcapitalist
What about you? Would you go for that second passport?
Comment below with your suggestions or ideas for new topics you want us to discuss.
Also, if you enjoyed watching this video, give it a thumbs up and click on the subscribe button.
I never knew my father growing up, but a few years ago I discovered he is Canadian. I recently claimed my Canadian citizenship and got my second passport.
Nice good for you!
I've got 3 Passports obtained through family heritage. It's not an easy process, and as Andrew mentioned, it can be a hassle getting all the paperwork in order, but well worth it if you can do it.
The best package is :
1 Get passport of Grenada by donation.
2 Get permanent residency of Columbia by either real estate investment or by opening a company.
3 Establish a corporation in Georgia (no tax on worldwide income)
4 Take tax free residency of Malaysia.
5 VOILA.
...yes, more info on different Latin American Citizenships please 🙂
Just checked about Canadian citizenship: spending roughly 7 months a year in Canada during 5 years is enough to be eligible (well, if you fulfill all the other requirements). That's absolutely fair, considering that my second citizenship took me 7 years. If one can manage to optimize taxes, I think it can cost much less than investing somewhere else.
Rubens Nogueira Taxes are the hard part 💴
I have citizenship of Australia and Thailand. I actually gained official Thai citizenship at age 29, even though technically I was "Thai at birth" because my mother is Thai.
My grandparents were from Italy. I think that's the route ill at least start down and then possibly investment route next.
Working on getting my wife and kids Filipino passports
Totally understand what Andrew was talking about. Just stayed at a hotel with my wife and we talked about something that was a bit sensitive. We ended ordering food take out back to our room where we can talk more freely. I can have a meal with my wife in my room. Not sure if I am willing to do the same with a business friend/partner.
i have lived in Europe for years and finally needed to renew my UK passport so took the time to also apply for my son , who holds a different citizenship by birth. The whole process was quite easy , but just needed to be a little careful on obtaining official original documents ( no photocopies , only documents provided and stamped by the civil authorities , then translated into English ) The whole thing took about three weeks before his UK passport came through the letter box . The most complicated part was getting all the information as everywhere on the internet said he is a citizen at birth , although there are no official papers to show proof ... a bit odd but all very easy in the end , now he has the official citizenship of both his birthplace and the UK . His mum on the other hand can not claim UK citizenship due to having never lived there . The one thing I found out is he can’t pass on his newly aquired citizenship to his children if they are born overseas .
Naturalization would be my best route for lack of foreign family origins. Anyway, I am planning for the long term and actually buying property, setting up business and spending a few months a year. Following the 25Celcius weather where I'm treated best around the world while saving on taxes is my goal.
Dual citizenship and multiple passport are nice, but I’m interested in all the lucrative residences you can get like in Thailand or in Malaysia, primarily the ones that require little time in the country, but open to any that are rewarding like in Thailand.
v0calbeatzlaughs Also a great strategy, usually in conjunction with a second passport
Interesting. Never considered it until now. Italy looks like an option for me. I’ll be researching great grandparents. Thank you.
Interesting seeing the options that are out there. In Australia there were a whole lot of politicians that had to quit their jobs as they didn't realise they were dual citizens by heritage and dual citizenship isn't allowed for Australian politicians. That second passport can be a help or a hinderance, depending on your unique situation!
Indeed; we covered some of the drawbacks here: ruclips.net/video/bIvxVLrjwbY/видео.html
@@nomadcapitalist Great! I'll look into that one :)
What is the difference between having a passport and having citizenship?
The United States says that their passport is the federal government's property, and they can seize it, yet citizenship is unaffected.
MGTOW Rubicon I think that this means they can disallow you to travel outside the U.S, but you are still a citizen.
MGTOW Rubicon Good question. Obligations with no rights.
I love all the information u offer in the videos. I just recieve ur book so I am ready to get into it. I am interested in #3 option. I would like to live in a country for 9 months to a year or more. I am not doing for the second passport per say but it would be a plus but more to welcome a different lifestyle and culture. Thx
Felicia Pondexter Thanks; enjoy the book. 🙏
Plz tell me how can i get second pasport ..bxoz first pasport has deposited in a company
Being broke (having less than $30,000) in assets, I have no choice but to go the permanent residence path and play the wait game to get that passport
I’m still thinking on a second citizenship. I’m saving up for that.
If you are a US citizen don't you have to give up your US citizenship if you become a citizen of another country? I have always heard that the US doesn't allow multiple citizenships?
Is Cambodia an option for citizenship by investment?
Hey Andrew could you do a video about uruguay or the exceptions in territorial taxation sytems in general?
I understand Uruguay is also a good place to incorporate 😉
Hi Andrew, Can you claim Dual Citizenship if your parent has dual citizenship by investment?
Can you be a US citizen and also have citizenship in another country (and another passport)?
Excellent content in this video, you are a true global citizen
Thank you, Alexander.
The Philippines will not allow anyone to have dual citizenship unless they were born in the Philippines.
Correct me if I've made an error in my comment.
Regarding citizenship by descent, are any countries using DNA analysis to establish descent?
Can someone get passport from another country while living in different country
My grandfather was born in Austria-hungary which no longer exists.
What my biggest concern is, is the paperwork. I have dual citizenship as well as the GC and I have to do so much paperwork for each country for taxes and other requirements. I am just a normal working person, but filling the taxes and doing various other paperwork is a nightmare, so I am now thinking what is the simplest thing to do and just settle in one place and get rid of all the other paperwork.
Angie Stones Ph.D. It depends on which citizenships you hold. I only file tax returns or reporting in one country of citizenship because I also have assets there. Not all citizenships are equal.
Citizenship by land?
Do passport kse bnwa skte hn plz someone reply ..mere hbby india se bahr hn or vo waps ana chahte hn
Its unfortunate cuz Japan does not offer dual citizenship.
Sal Toyama
But it’s the strongest or at least one of the strongest in the world. In your case do you really need it?
@@TheAprizzle92 i think he wants a japanese citizen ship and what ever country hes from right now
Is turkey a better choice than st kitts ? Please advice
St Kitts is better because no military service when your kids hit 18 yrs old and St Kitts is a Tax Haven. Turkey is not a Tax Haven but you get more visa-free travel on their Passport.
What is “best” for one is vastly different than what’s best for another. Our diagnostic process with someone we help involves 200+ questions, which speaks to the fact that nothing is ever one-size-fits-all.
@@nomadkickbox4049 Hi. Thanks for the reply. As per my understanding no military sercive is required for Turkish Citizenship by Investment (TCBI) Program.
Can I ask you a question
Please feel free to email help@nomadcapitalist.com and our team can help.
How about African desent
Can we have citizenship by investment in UK?
Chalasani Sunitha No.
Guys in your opinion what's the best Caribbean by investment program and what's the best Latin American citizenship?
The "best" to have.... or the "best" in terms of the process (and cost) of obtaining it?
dlukton In terms of process and costs etc
@@Crusder1000 If you want "fast" (in the Caribbean), go with Dominica or St. Lucia. As for Latin America, the only one that's "fast" is Peru; and for that, you've got to pay $25K... then reside in the country for two years, and then demonstrate proficiency in Spanish. As far as I know, all the other countries of Latin America require a wait of at least 5 years, although the actual "time on the ground" varies.
As with everything else in life, there are tradeoffs; so it will depend on what your priorities are WRT speed, financial cost, time on the ground, and requirement to learn Spanish.
dlukton I heard that Grenda is also nice as it also can be a proper place for retirement as it is safe from what I heard or am I confusing it with another island?
@@Crusder1000 Grenada is OK; citizenship there does cost somewhat more than is the case with Dominica or St. Lucia.
But if you get a new passport when you're already a USA citizen can't they revoke your citizenship?
I do not think that the U.S (which allow dual citizenship) is going to tell the government of your country of origin that you've got U.S citizenship. If your country of origin allows multiple citizenships, then the problem does not even arise, but if it's otherwise, maybe you can be a D.C by just not letting them know. There are lots of individuals having D.C of countries that do not allow it.
OK ... what city is Andrew in today!!?? 🤔
a Middle Aged Guy Singapore 🇸🇬
I would like to gain Saudi citizenship, but it seems that it's impossible even if I spend a life-time there...
Abdou Abdou
It’s definitely possible, but lots of work and nepotism involved. I’m born and raised in Saudi but I can never get it because I’m not Muslim but I think soon this will change under MBS.
@@TheAprizzle92 Where do you live?
@@TheAprizzle92 I mean, in which city.
@@abdixsimplix2582
I left Saudi years ago, it's just not the same anymore.
@@TheAprizzle92 What do you mean? Did you live in Makkah or Jeddah?
Yes sure get a second... There is always a way out u know
Hello! I am inquiring about having a dual citizenship/passport in South Africa. I am from the U.S. Could you share the process I am very confused. Thanks so much @nomadcapitalist