Offshore Citizen: Why the East is the New West for HNWIs

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Watch our recent The Global Passport Investor Podcast:
• The Global Passport In...
Where's the new West?
At the opposite point of the compass.
In the latest episode of The Global Passport Investor hosted by our Executive Chairman Eric Major, guest Michael Rosmer reveals it to be...
In the East.
Discover why clued-up HNWIs now base themselves in the likes of Dubai.
00:00 - Start
0:39 - Why People from the Western World are Leaving
5:55 - Freezing Bank Accounts in Canada
8:23 - Predictions: What Will Happen
10:35 - Where Does Socialism Work?
14:40 - About Citizenship-Based Taxation
20:27 - The Best Diversification Plan
23:21 - How to Choose the Best Country to Move to
26:09 - Anecdote Time
Michael's RUclips @OffshoreCitizen
#globalcitizenship #residencybyinvestment #citizenship #offshorecitizen
Latitude Group is a leading Residency and Citizenship by Investment firm. Our clients expect the world. We deliver it.
Latitude has guided over 6,000 clients to a new residency or second citizenship. For us, it's all about the SMILE. That's Security, Mobility, Insurance and Investment diversification, Lifestyle, and Education and Employment opportunities.
If your Plan A is backfiring, we can help you create a Plan B. We also advise governments on setting up residency and citizenship programmes. That means we have an intrinsic understanding of the industry.
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DISCLAIMER: Do not consider this video to be a substitute for a professional consultation with us. Only when we talk to you on a one-to-one basis will we be able to understand your unique circumstances. We offer tailor-made solutions for your problems.

[@b4bmm]

Great interview

[@dovygoodguy1296]

It's not always that easy. There are family relationships, losing full health coverage, being excluded from expat insurance, taxation issues, where to place your portfolios outside of your home country investment advisors, etc

[@patienceisalpha]

18:00 French assembly looked into it (Eric Coquerel) and they decided it's not feasible because of the tax treaties and how they are above laws.
What they can strengthen is exit taxes and it was the result of Coquerel analysis.
Exit taxes are great for countries because they accelerate revenue. Canada couldn't care less about the citizenship based taxation because of their deemed disposition tax

[@nickchin4041]

Malaysia is in the process of cutting diesel oil subsidy by the billions in addition to cutting billions for cooking oil. It has affirmative action policies for 65 % of the population viz., lower entry requirements for universities, easier high school examinations, huge number of civil servants, most of which will not survive in the private sector: mandated that private sector must employ 30% of mostly unqualified natives which make up 65% of the population. Natives have special priviledges considered considered rights that cannot be removed without causing the ruling parties riots and removal from office. Needless to list more.

[@danb5595]

Most of the world is crap outside the west😂