Three Second Residences Going Away in 2020

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  • Опубликовано: 10 янв 2025

Комментарии • 137

  • @lisalyons7381
    @lisalyons7381 4 года назад +31

    I think Panama is going to make it harder because of it’s close relationship to US and US is going to make it harder for its citizens to leave

    • @lisalyons7381
      @lisalyons7381 4 года назад +1

      Why didn’t the Nazis let the Jews leave in 1939?

    • @viper8177
      @viper8177 4 года назад +1

      @@lisalyons7381 I'd encourage everyone to not accept the present situation as the new normal. We don't want to live in a total recall 1984 world. I already wrote to one airline Qantas to complain about their requirement on international flights for mandatory vaccine. I believe it is an Orwellian overreaction for something that is no worse than seasonal flu.
      Not everyone can take the shot especially if you have substantial allergies or reactions to things like that. Not to mention that it goes against the Universal Declaration of Human Rights and informed consent over your own healthcare. If you don't write to the airlines and complain about this then more and more of them will get the same idea and copy each other.

  • @taylorwelch9209
    @taylorwelch9209 4 года назад +3

    Great work on the video quality. Two camera angles and that setting looks very professional.

  • @panamahub
    @panamahub 4 года назад +29

    Funny thing: I felt I had to watch this video and there you go I'm Hungarian and I live in Panama.

    • @pinneddclbiogger799
      @pinneddclbiogger799 4 года назад

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    • @carlitoselcremita7816
      @carlitoselcremita7816 4 года назад +1

      Janos Fejos for how long do you think they will hold the friendly visa program in panama?

    • @JohnGarciaSarasotaSupport
      @JohnGarciaSarasotaSupport 4 года назад +1

      You did it! Congratulations Janos, can you pm or tell me how to proceed. I want to be in Panama ( what area do you like) this year and who do I contact for paperwork and visa? Thank you

  • @getlitlightingpyrotechnics7181
    @getlitlightingpyrotechnics7181 4 года назад +15

    Why are they against mainland Chinese?
    Because yhe Chinese government is expanding in the South China Sea. And they are encroaching on the Phillipines

  • @georgewilliams243
    @georgewilliams243 4 года назад +4

    I mailed my MM2H application directly to Tourism from the USA in May 19. I received conditional approval while vacationing in Malaysia in Nov 19 and completed the process. I didn't feel particularly "lucky" until I read later that the approval rate at that time was less than 50%. The next batch of applications had a 10% approval rate. Now the program is being "reviewed." I'm back in the USA after an 8-month stay in Malaysia. I'm hoping to get back to my leased apartment in JB early next year. My intent is to live in Malaysia 5-6 months a year unless Malaysia has a different plan for me. Ironically I have reservations to visit Panama in January 21. This video couldn't be more timely.

  • @asterisk911
    @asterisk911 4 года назад +4

    I bought an apartment in Penang, put 500,000 Ringgit into a time deposit in a Malaysian bank account, and applied for the MM2H in December 2019. And now I can't even visit because of MCO, RMCO, CMCO.

  • @wouter1602
    @wouter1602 4 года назад +25

    Man I waited 5 years to become 35 for PHP program, now gone 😪, in 2 months I become 35....

    • @raikey2176
      @raikey2176 4 года назад +6

      It will come back. Our country needs foreign investments.

    • @raikey2176
      @raikey2176 4 года назад

      It will come back. Our country needs foreign investments.

  • @lazlopetrenyi3184
    @lazlopetrenyi3184 4 года назад +7

    I sense some bias here. What's your problem with Hungary? They don't hate everyone. Wanting to select who can come in is justified, you don't let in anybody who just demands to eat out from your fridge and sleep in your bed. Plenty of Germans and Dutch, Sweds or Chinese moved to Hungary or bought a house there. Stopping certain invaders is justified, just look how many people got killed in some western countries over a stupid cartoon.

    • @blueballbag3588
      @blueballbag3588 4 года назад +3

      He mentioned in another video he experienced racism there... i went there several times and had none and liked the place a lot

  • @blueballbag3588
    @blueballbag3588 4 года назад +6

    Saw another RUclips channel (uploaded hrs ago) coincidentally called Nomadic Movement and they just reported their Panama application has collapsed so it looks like it is already in the process of being withdrawn

  • @pamelaerskine7190
    @pamelaerskine7190 4 года назад +6

    I'm concerned about the future of Australia?

  • @LifeofKairo
    @LifeofKairo 4 года назад +11

    I'm looking into moving to Monaco and all that entails as it might help me on my hustle to $1,000,000 in the next 2 years

    • @LifeofKairo
      @LifeofKairo 4 года назад +6

      @Gavin Claassen Well in my case it is close to London (where I currently live). I speak passable French and my fiancee has a job offer there. We recently spent 2 months there and I didn't actually find the prices that terrible. We don't "fine dine" often and regular groceries are similarly priced to the neighbouring French regions. Parking and charging an electric car is free in Monaco (and there is up to a €10,000 rebate on new EVs). Housing is obviously a major consideration but I've house-hacked for years and would be similarly reducing housing costs there too. What I still need to figure out is how exactly it works to become tax resident there as a European as well as how to structure my business dealings in the UK.

    • @LifeofKairo
      @LifeofKairo 4 года назад +2

      @Gavin Claassen you’re welcome Gavin 😊 you’re totally right about the costs of docking a yacht and property is very expensive (because of the size of the Principality, tax status and demand). I’ll be documenting my $1m challenge on my channel and hopefully all works out with Monaco. If not then Portugal might be a nice alternative

    • @mariooliveira9074
      @mariooliveira9074 4 года назад +2

      @@LifeofKairo I own 2 homes in 🇵🇹!!!

    • @LifeofKairo
      @LifeofKairo 4 года назад

      @@mariooliveira9074 awesome! My friends recently got their golden visa there and are loving it

  • @veronicav278
    @veronicav278 4 года назад +8

    I wish I had known about this when I got out of the military over ten years ago. 😞

  • @lisalyons7381
    @lisalyons7381 4 года назад +6

    I was going to do the Panama one but lockdowns began.

  • @jayoung597
    @jayoung597 4 года назад +4

    I hope the ssrv comes back soon , i felt the same way about it having a low barrier to entry. Even if they double the price I'll still think it is worth I love the ph !!

  • @Blazerwolf666
    @Blazerwolf666 4 года назад +2

    Thanks for the time stamps

  • @shagbarkhickory
    @shagbarkhickory 4 года назад +4

    Hi Andrew, me back from last time.
    Another great video to check upon, you are so detailed and honest to speak open the truth, but so sad to hear this because
    Don't know if these 3 start closing down, more will follow, you know, that's how countries do sometimes, this video makes people to feel nothing else other than the slow creeping in of bureaucracy into a formerly free, (low tax, tax friendly) world. This is certainly not the first time it become harder to find the ever-shrinking international freedom in a world which I feels that not only west is sliding but, bureaucracy, and all that nasty regulations and power consolidating ... eventually works their way and will haunt your doorstep.
    How do you feels, leave some comment if you like

    • @dr.lyleevans6915
      @dr.lyleevans6915 4 года назад

      Authoritarianism and bureaucracy are increasing everywhere in the world simultaneously, and it appears this will only accelerate in the future. China is likely emboldened by the US elections (can’t help but feel they played a hand in this chaos), and will not only have a much freer hand in Asia/Pacific, but will resume undermining the West.
      Technological advancements only serve to increase control of populations and decrease freedoms. Wealth Inequality is rising worldwide as well, which naturally causes social disruptions.
      I’m afraid the world we know and love has changed, and will only grow darker for the foreseeable future

    • @kell7195
      @kell7195 4 года назад +1

      NWO "Global Reset" closing off all escape routs.

  • @ericp888
    @ericp888 4 года назад +1

    Why jump on these residence programs if they change on a dime (negatively) and thousands of dollars later?

  • @robertmuir9581
    @robertmuir9581 4 года назад +5

    Interesting,,,colombia appears to be denying a lot of visa applications and generally making things a little more complicated.

  • @TimKyoutube
    @TimKyoutube 4 года назад +5

    You should start a message board or online community

  • @davidsimos
    @davidsimos 4 года назад +1

    Fantastic advice! Thanks for continuing my education in this area Andrew 🙏🏻 Once I get to that $500k taxable income in Australia I'll be sure to get in touch and see exactly how much of our own money my family can keep 😁

  • @rubensnogueira5838
    @rubensnogueira5838 4 года назад +10

    MM2H: that would be very, very sad... I'm still a few years away from being able to afford it. It would be a "second Singapore" opportunity missed - hopefully not.

    • @margyiphillips4931
      @margyiphillips4931 4 года назад

      😪😢😭

    • @the5amkebab971
      @the5amkebab971 4 года назад

      @Joshua Folly until the new world overlords decide these seasteads could use a little "freedom" lol.

    • @adam3504
      @adam3504 4 года назад +1

      yeah man it's killing me. I was actually considering it and I hope it will come back soon. It's a really great place to live and the proximity to Singapore make it the golden ticket for southeast asia.

  • @StonedAlone
    @StonedAlone 4 года назад +3

    Damn haha I wanted to get into Panama, is it already too late?

  • @IkVertrekLATAM
    @IkVertrekLATAM 4 года назад +17

    They tried this before in Panama, they want you to invest in real estate from 200K and up. It comes from the realtors, they tried it before and failed. Real estate in PC is way overpriced as is, even during the pandemic they wouldn't go down! But let's see what happens, how many pushback the immigration lawyers can give it this time around!

    • @JUSTTHETRUTHTV
      @JUSTTHETRUTHTV 4 года назад +1

      Sad nowhere to go if you good old poor person?

  • @zipporahthecushite7729
    @zipporahthecushite7729 4 года назад +1

    As of July 2020, tourists can only stay in Vietnam a maximum of 30 days. If you have a 90-day visa, you must either exit and re-enter Vietnam every 30 days or visit an immigration office and request permission to stay for another 30 days. Apparently the change was due to too many Chinese in Vietnam. I thought it had to do with online gambling, but military-age men makes sense too.

    • @ballballsoo
      @ballballsoo 4 года назад +1

      covid, nooooooo tourists are getting in

  • @maverickcapitalist1
    @maverickcapitalist1 4 года назад +1

    Great content as usual need to be on top of this!

  • @viper8177
    @viper8177 4 года назад

    Malaysia and Thailand and to a lesser extend Cambodia have been a few countries I've been researching into recently but I was looking at it in terms of buying a property as opposed to just putting money in a bank and getting residency. I came to the conclusion that Thailand is the better option at least for those without deep pockets because in Malaysia it seems that their minimum property value for foreigners to buy is quite high whereas in Thailand it is a lot lower and I know they have an oversupply. If Malaysia is now going to increase the amount of capital you need for residency as well then that's a shame. Malaysia does seem like a pretty cool place in South East Asia.

  • @p.a.ch.3861
    @p.a.ch.3861 4 года назад +4

    I hope and assume my MM2H status are allowed to be renewed ?
    Mr. Nomad , pls advise. thanks

    • @travelalbum7119
      @travelalbum7119 4 года назад

      I submitted MM2H application in Sept. 2018 and got approval in June 2019. In fact the entire back log of applications until early 2019 were cleared at that time after putting approvals on hold for several months, it was told. The authorities are polite and very quick in giving clarifications and guidance.

  • @davesphilippinedaydream2656
    @davesphilippinedaydream2656 4 года назад +11

    I'm a resident of the Philippines. Did through marriage. No bank deposit required.

    • @davesphilippinedaydream2656
      @davesphilippinedaydream2656 4 года назад +1

      True. Should do a prenuptial agreement.

    • @ddonharris4202
      @ddonharris4202 4 года назад

      @Diggy d maybe you should learn better . Maputi akong Amerikano, balang araw ay magiging Pinoy ako sa Pilipinas.

    • @ddonharris4202
      @ddonharris4202 4 года назад

      @Diggy d okininam gago

    • @ddonharris4202
      @ddonharris4202 4 года назад

      @Diggy d you disrespect my Filipino community by saying what you said . I live in Tennessee if you want to meet up . I'll change your tune .

  • @Jzarecta
    @Jzarecta 4 года назад +1

    Is there something on Dominican republic or Uruguay?

  • @JUSTTHETRUTHTV
    @JUSTTHETRUTHTV 4 года назад +3

    Still looking for my perception of #Freedom. What country would you go to if you did not have much money to live on. If you just wanted to leave for several years? Maybe for ever?

    • @blueballbag3588
      @blueballbag3588 4 года назад +2

      Nepal

    • @adam3504
      @adam3504 4 года назад +1

      Georgia. 1 year visa. territorial tax system, have a free trade agreement with europe and have a great banking.

  • @BrandonClark-StocksPassports
    @BrandonClark-StocksPassports 4 года назад +4

    GREAT VIDEO!!!

    • @nomadcapitalist
      @nomadcapitalist  4 года назад +1

      Thanks Brandon!

    • @BrandonClark-StocksPassports
      @BrandonClark-StocksPassports 4 года назад +3

      @@nomadcapitalist absolutely!
      Your videos really help people who are looking for other places to live and invest.
      I was thinking about Costa Rica myself. Haha. I am buying small property and opening a bank account in costa rica... might become a resident eventually...
      KEEP UP THE GOOD WORK!!!

  • @patrikmauritskronholm4684
    @patrikmauritskronholm4684 4 года назад

    SIRV 14a is still possible in PH, 75k usd in local stocks.

  • @vrdrifter4933
    @vrdrifter4933 4 года назад

    If I may, could you or your people make a short video about the SIRV in the Philippines? Apparently if your 21yrs or older and invest 75k usd into certain sectors you get a PR card and some other benefits? I have been reaching out to try and learn as much as I can about this. Maybe I’ll reach out to your team at the right time. But a little insight from you guys on this would be extremely helpful. Thanks guys love the work

  • @wealthcreation6829
    @wealthcreation6829 4 года назад

    Malaysia Program in december 2020.....the wait is on!

  • @clm3436
    @clm3436 4 года назад

    Do people already having residences have any problems keeping them?

  • @MichaelJLambie
    @MichaelJLambie 4 года назад +2

    i like your lapel pin Andrew. great pop of color!

  • @msfuturist1
    @msfuturist1 4 года назад +1

    I better get on a flight soon to Panama before its officially changed or amended😟

  • @upstar21t
    @upstar21t 4 года назад +14

    Slightly off-topic, but it's strange that you support globalism as it is presented conventionally. What will you do, when the "great reset" and "build back better" are implemented worldwide? Don't you see that your entire life will be overhauled, as policies like those are increasingly touted? Shouldn't you, as a libertarian capitalist be vehemently against such concepts?

    • @adam3504
      @adam3504 4 года назад +3

      No, he will be resistant to this as he's not "tied" to one country. He has multiple passports, he has multiple properties, his other assets are not tied to one country, his other residencies are not tied to one country. He's resilient to what are you talking about.

    • @upstar21t
      @upstar21t 4 года назад

      @@adam3504 The things I mentioned are globalist. It doesn't matter how diverse his assets and passports are since these things will be implemented globally, so unless he has investments in regions which will refuse to cooperate with global powers, how will he be safe?

    • @adam3504
      @adam3504 4 года назад +2

      @@upstar21t No man this is not true at all. there is no globalist policies that every country in the world will agree on or will enforce.
      there are lots of countries with higher tax brackets and other with lower or zero tax regimes. We didn't see a harmonized globalist tax system as this is not going to happen or work no matter how hard you try to look into it. you have plenty of laws that even some EU member states refuse to implement or decide to implement it but lax the laws surrounding it. Ireland for example is a great example for lower tax brackets in the EU for entrepreneurs and companies specially tech companies, and the EU don't like that but Ireland flip the middle finger to them and still do it their won way the way they see it fit. See, it's not simple to let member states agree on something yet implement it. and you're talking about "Globalist" policies that's not going to happen and no "sovereign" nation will accept such ridiculous rules and this goes for most Asian countries that could live absolutely fine without a help nor interference from the west

    • @upstar21t
      @upstar21t 4 года назад

      @@adam3504 There is still a push for such policies and an example of global-compliance is with the recent pandemic for example. This has propelled the proposal of policies within things like the "great reset", which is aimed at mimicking the past industrial revolutions as the 4th industrial revolution. The calculated collapse of the world economy coupled with the release of a pandemic would create situations dire enough to warrant a "saviour". The "saviour" in question would then be the globalist powers that push for such worldwide, all-encompassing policies. I urge you to watch the Corbett report on RUclips for more on this. This isn't a "conspiracy theory", this is unfolding right before our very eyes.

    • @upstar21t
      @upstar21t 4 года назад

      @@samjordan8800 Not to intrude, but the psychopaths who believe they own the planet won't need people like Andrew. To them, even literal billionaires and leaders of countries are as puppets. They want a completely " new " way of living for the entire planet: new world order, build back better, great reset ( communist great leap forward), etc. They're working to eradicate the very concept of freedom and turn earth into a gigantic gulag, an ant farm where they openly rule as gods. Again, this is not a conspiracy theory, these people are increasingly showing themselves out in the open without fear or shame.

  • @chrislanejones
    @chrislanejones 4 года назад +2

    Dang it, I love Malaysia.

  • @mo-javihug7732
    @mo-javihug7732 4 года назад

    Does being a citizen by birth guarantee that you can get a passport if you become a naturalized citizen of the USA?

  • @prasenjitdey4222
    @prasenjitdey4222 4 года назад +2

    Sir: Very informative & very well explained, absolutely cristal clear.. for a novice like me interested in knowing more about Residence by Investment programs.
    Legal issues made simple.👌👍👏👏🤝🤝 (Not to mention Sir, if you have a vacancy in mind I would be desperate to give you a call🤝🤝)

  • @cesarcajas3272
    @cesarcajas3272 4 года назад

    How Thailand will do for investor and residency

    • @zipporahthecushite7729
      @zipporahthecushite7729 4 года назад +2

      Depending on your circumstances, paying one million baht for a 20-year Thailand Elite Visa may make more sense.

    • @adam3504
      @adam3504 4 года назад

      @@zipporahthecushite7729 I agree. if Malaysia is not bringing back their program for the time being, then Thailand is the way to go

  • @Masoniteable
    @Masoniteable 4 года назад +6

    Interesting to see these countries have the same reason for these visas being removed....too many Chinese! They should just remove them for China and keep them open for countries they want to come in. Like Panamas programme has a list of 50 countries who can apply. The South East Asian countries should adopt a similar model. I was gutted to see the Philippines SSRV being pulled as that's what I've been saving up for 😔

  • @ddonharris4202
    @ddonharris4202 4 года назад

    What about going to Guam , and doing the renouncing the USA and getting the citizenship to Guam .

    • @asterisk911
      @asterisk911 4 года назад +4

      Guam folks are US citizens, and if they want to travel, the document they use is called a US passport.

    • @ddonharris4202
      @ddonharris4202 4 года назад

      I thought as long as you are already a us citizen . You wouldn't need a US passport . Only a driver's license .

    • @ddonharris4202
      @ddonharris4202 4 года назад

      I know Guam is a US territory . But if you live in the US . Going to Guam, it isn't required to have a US passport to vacation there .

    • @asterisk911
      @asterisk911 4 года назад +3

      What I’m saying is that it’s the same citizenship. Guam isn’t a place you can go to renounce your US citizenship.

    • @ddonharris4202
      @ddonharris4202 4 года назад

      @@asterisk911 clearly your understanding me . Guam is not a US state .

  • @cubanphotographers
    @cubanphotographers 4 года назад +2

    just don't turn your back on what's happening in America, you might be locked out eventually

  • @MJ98774
    @MJ98774 4 года назад +2

    This sucks, although I cant say Im not partially at fault, for not grinding it out earlier that much more to save cash/build my business to where I don't have to be stuck here anymore.
    This isn't a surprise...with all the Americans jumping ship? The loophole will close even more after this.

  • @poojak1523
    @poojak1523 4 года назад +2

    Check India as a second home.

  • @zorropai7414
    @zorropai7414 4 года назад +1

    They are watching your videos too... :-)

  • @adamb3421
    @adamb3421 4 года назад

    I think these countries are being very short sighted if they make it harder for most foreigners to immigrate there. Although I understand the concern about China. Besides that they should be rolling out the red carpet because there is literally trillions of dollars up for grabs, and even more value in talent as people flee countries increasingly hostile to business and wealth. Even people of modest or moderate wealth transform communities when they relocate to a place with limited capital. Immigration of skilled people fleeing places they are no longer welcome is a gold mine. Why countries would not want to roll out the red carpet is crazy to me.

  • @harism2001
    @harism2001 4 года назад +1

    Malaysiaaaaa is nice !!!!

  • @ndwdz
    @ndwdz 4 года назад +1

    What's the top benefit of choosing St. Lucia as your main citizenship?

  • @evan8002
    @evan8002 4 года назад +8

    50000 is a lot of money!

    • @maximusyoung
      @maximusyoung 4 года назад

      Incorrect. Money is debt. 50k USD is inconsequential when Congress just create 2.2T USD

  • @vizeet
    @vizeet 4 года назад +3

    I think panama will be back.. in an year or two..

    • @carlitoselcremita7816
      @carlitoselcremita7816 4 года назад

      vizeet srivastava do you think so?why?i hate im not in the boat

    • @vizeet
      @vizeet 4 года назад +2

      @@carlitoselcremita7816 I think the world economy is in a major downturn.. This means some countries will have to be more aggressive in allowing residencies.. I think Panama is one of those countries...

    • @blueballbag3588
      @blueballbag3588 4 года назад

      i think so too... Panama has 2 major things going for it; the canal and its draw to international clients as a tax haven. Got to keep both those operating

  • @sherburck
    @sherburck 4 года назад

    Maybe a stupid question,but, I thought we were moving towards an own borders world???

  • @evanserickson
    @evanserickson 2 года назад

    I slept on Panama and I regret it.

  • @onetry7406
    @onetry7406 4 года назад +1

    Oh, now I'm sad

  • @jakewilson7149
    @jakewilson7149 4 года назад

    Nothing such programs are stable now

  • @JohnGarciaSarasotaSupport
    @JohnGarciaSarasotaSupport 4 года назад +1

    I am a day trade who squeaks out a living and would love to take advantage of living in Panama and save on us federal taxes Is that called a global citizen visa ? In order to get on board for 2021, do I need to get an address there and obtain the visa? Can any nomad follower give me a Panama contact or route to follow as time is short. Any ideas from those who have tried are super appreciated. Gracias

  • @danielluster732
    @danielluster732 4 года назад

    I wish to visit St. Lucia just for me (and my family) to live. ^^; I wanted St. Lucian citizenship, please. :-)

  • @kell7195
    @kell7195 4 года назад

    God Damn it!

  • @aidamenzel2475
    @aidamenzel2475 4 года назад

    Thanks to These chinese

    • @blueballbag3588
      @blueballbag3588 4 года назад +1

      Can’t blame them for Panama FNV, Chinese do not qualify as in the 50 allowed nations mate

  • @KdubtheAxe2
    @KdubtheAxe2 4 года назад +2

    Oh honeypoobuns I'm sorry I was away for so long, my pet gerbil has arthritis sooo I was tending to his achy little bones but he's all better now. One day when I give you my hand in marriage you'll get to meet him and good news he loves humidifiers just like us ♂️🏳‍🌈😝😘