Hmm, is giving yourself options in life a good idea? Most successful people have a plan for change. Having the mind of a child allows for bliss...until change happens.
It sounds interesting. But I've got questions. For one thing, AFAIK many countries permit only 2 citizenships so you need to choose wisely If you are a citizen of one of them. Also is there any issues transferring money back from the Caribbean countries to the banks in the EEC or US? Because I think the economic superpowers are none too happy with their citizens making deals with the tax paradises.
In case of you invest 100 000$ in a caribean passport for the next 10 years means that you pay 10 000$ in taxes a year. That's what is fair! Specially for EU citizens that earns 6 figures or more because they are heavily taxed in Europe!
I think that Antiguan passport is great in these days for digital nomads because you just have to spend a mouth per year in that friendly tax country to have your tax residency there and spend the most of the year wherever you want!
I dont have the chequebook for these programs... Do you recommend living there? I know in antigua if youre there for 4 years (no more than 6 months gone) then you can apply for a residence permit. 3 years later. Can apply for naturalization. Do you recommend this?
@@vetiarvind correct. But i think Peter is just talking about the region and tax benefits. & im talking about whether staying there by paying in time rather than dollars is a wise decision
@@mattball7074 yes, I believe times are going to get tougher especially on taxes and safety and quality of life style . A lot of it is luck , I came for work and progressed from there. Australia really heading to even higher taxes and regulations. So sad !
I live in the Caribbean for years I just love it This is not no fools but wise Mr Nomad Capitalist Just Remember GOD is The ONE in CONTROL Matthew 6:33 Knowledge is Power every hour
Hey Andy I may not be a Seven or Eight Figure Entrepreneur and have watched your videos and am an active follower of go, " where you are treated Best," I agree with everything you say. Good Job Buddy ! P.s. Thanks for the Tips, your videos are Awesome 👍🏾
I totally agree with you. I am not a big fish too but I have dreams to leave the shit-hole I'm in and be in a place where I am treated like a free human being...🌹
Me too 😆 I am no where near 7 or 8 figures. I reached out to him once and explained that I am a 6 figure and he said he may be able to help. I got intimidated though because I don't think I have enough financially to be his client.
I am Australian and am currently looking into moving to the Caribbean, I am sick to death of the control that our Government has and wants more over us. Australia has became a Policed country, ever since the pandemic lockdowns, politicians and police are drunk on power. I have had enough and it's time to get out of this PENAL COLONY.
AMEN. My parents live in Australia, I grew up there, I never understood the appeal of the place and the way that it’s transitioned over the last few years to an insane level of control over citizens is very wild. Praying that my parents decide to leave.
The person who wrote that comment likely doesn't qualify for a 2nd passport possibly due to financial reasons or his/her character (criminal history). The person may be angry and jealous
I am a Canadian and could simply not cope living in a Country where the government did not intercede in and tax every aspect of my life on a daily basis. How could you make decisions without knowing what the government wanted you to do ? It is just hard to Belize it is possible:)
There is a flip side to that as well … your life and property is protected by standards, courts, legislation which gives you health, security and a chance for prosperity.
@lawrenceweston922 - When a government decides to seize your bank account based on your political views, like in Canada, there is not much protection left. Just a thought.
@@lawrenceweston922 " a chance for prosperity " in Canada is slipping away from the middle class who are now living from pay cheque to pay cheque and are carrying a large personal debt in Canada. The healthcare system is deteriorating speaking as a Canadian who is a retired MD I have seen it happen firsthand and it is on the verge of collapse.
@@rapier1954 Ohh I agree, that’s why I said “chance”, say what you want about Canada. No politician, bureaucrat, general, oligarch, policeman, judge or gangster is going to take what you have. If 3rd World countries have the rule of law.
I recently got my Dominican Republic birth certificate and national ID card. I have been going through the citizenship by descent process since July 2021, or June 2021 if you count the time it took to get my US birth certificate, which was needed for the process. I will soon get my passport. This will give me visa-free access to Russia. I would also like to get citizenship in an EU country and my Dominican citizenship will allow me to apply for Spanish citizenship with two years of residency, instead of the usual 10. Anyone with a citizenship of Ibero-America (including those with Puerto Rican citizenship), Portugal, Andorra, the Philippines, Equatorial Guinea, or France, or if a person is a Sephardi Jew, he or she can apply for Spanish citizenship after two years of living in Spain. If you marry a Spaniard, the residency time required would be reduced to just one year.
LATAM citizens can also naturalize easily across other countries in the americas. Mexico, 2 years instead of 5, Colombia, 1 year instead of 5, El Salvador 1 year instead of 5, etc.
@@Truther945 yes, it’s a certificate given to those born on the island, or anyone who has lived in PR for one year. It’s a document that is useless in PR but can be used in Spain for example for 2 year fast track naturalization.
@@Truther945 no problem. Gringos can get it. When you get residence across Spanish speaking countries, you can choose Puerto Rican as your nationality on your ID instead of American. Which allows for faster naturalization in a few countries above. Also, since PR and the US are connected, in Spanish dual citizenship law, you aren’t forced to renounce US CITIZENSHIP if you are Puerto Rican. It’s a hack most dont know about. I figured it out myself. Good luck
20+ years ago I went to school in the Caribbean and liked it a lot but always thought that those who bought citizenship there (when those programs were new) were up to no good, but now the way things are going in the US/Canada, it looks like a way to get away from worsening tyranny
Even if the country you invest in to get citizenship, is nothing more than a rock in the sea, as long as it is a recognized sovereign entity, with a recognized travel document, with decent visa free privileges, then it is valuable
Some people are just negative and looking to drag people down. Great job on this video, Andrew! I'm sure I'll be coming to you for your services at some point!
Good video! Smaller countries do some things faster, like you said. Example: Getting or renewing your passport once you're a citizen. Takes FOREVER in the US.
Australian living in Indonesia🇮🇩... best decision ever. More freedoms here, no government overreach and tax benefits that encourages me to do business here. Considering Rwanda, the Singapore of Africa 😁
@@PapaBrianMatthewRaven hi! I want to move to indonesia but scared no will understand me, and i am not good with languages. Is english widely spoken in indonesia.
Andrew, as a fellow Ohioan, I applaud you from getting out of this stagnant, outdated, backwards country that delights in inciting its citizens to turning on each other. I refuse to carry out the media's narrative to hate thy neighbor and am looking at the Caribbean for a 2nd citizenship.
Hi Andrew, this is one of your best post. The philosophy you talked about is also my own philosophy. Though I am not a big fish I wish to somewhere cosy and wish where I have to bother the govt. or any mafia...go on man, share your philosophy and you don’t have to react to others, not everyone has the same philosophy...cheers.🥰
I'm planning to apply for Dominica CBI, but still feeling uncertain about having a passport for which I'm unable to obtain convenient consular assistance (e.g., notarizing documents etc) in my country of residence (Thailand). So I'm alternatively thinking about Turkey since they have an embassy in Bangkok.
I'd like to add what I think is an interesting aside to this discussion. Many people think having multiple passports is a waste of time if you have a US passport, but when you really start to travel, you start to discover some truths. First, although cost isn't a factor for high-net-worth individuals, it is often cheaper to get into some countries with a NON-US passport than others! Visa fees vary from country to country and some countries have relationships with other countries that can make a non-US passport better for travel in partnering countries. Second, you may have a lot of trouble going into certain countries on a US visa for political or other related reasons. Third, if you are ever in a real serious situation and need to get out of a country as quickly as possible, having multiple passports can save your life! I mention this because I know a woman who wanted to visit all of the countries in the world. She had a US passport as well as a passport from another country. She was able to accomplish her goal by utilizing her second passport to travel to some countries that weren't easy places to travel to with a US passport and she was able to pay cheaper fees by using her second passport. I also have a friend who was trying to get out of a particular country during a natural disaster. There were multiple countries participating in evacuations. She could not get out of the country with the US convoy because they were only taking military personnel initially. She had multiple passports and was able to secure a flight out using one of those other passports. These are solid additional reasons to have multiple passports even if you have no intention of renouncing your US citizenship. You never know when you're going to have an issue that requires you to rely on that second passport. It is always better to have it than not have it! Passports aren't something you're going to be able to get quickly, so you have to think through things, plan for it and be prepared. AND, this applies whether you are a high-net-worth individual or not!
The person trashing Caribbean passports is ignorant. Andrew, I agree with you completely. Caribbean countries are not unstable places. They are successful democracies with a judicial system based on the English Common Law. They are part of CARICOM, an EU-like common economic region. They have the Eastern Caribbean Central Bank, overseeing the economies of all member states. Their currency is the Eastern Caribbean Dollar (ECB) pegged to the US dollar at USD 1= 2.70 ECB. I could go on and on...
Thank You Andrew for all the valuable information You provide. I was in the USAF & then a government contractor living & working abroad for years and I miss it. Most people don’t understand the huge disparities between their country & others. If someone never leaves their country they’re ignorant to speak on expatriating or citizenship. These people don’t have a leg to stand on let alone any expertise in speaking! The irony is they seem to think their opinion is valid or needs to be heard. This is also the same reason they’re most likely unsuccessful in business or work for someone else. 🤦🏽♀️ Gotta love that entitlement factor. 😂 Keep doing All You Do! 💜
I became a Czech citizen 2 years ago and I breathed a sigh of relief when I got my naturalization papers but despite the problems in the US, I do not want to renounce my US citizenship. I simply cannot imagine doing that but different strokes for different folks.
2:15 I personally know a fellow in the 7 and 8 figure area.. that has citizenship in the Carib. Hell I'm thinking of doing it... cause beaches, warmth and I have a boat and there's songs about it (plus if you have one citizenship freedom of travel/stay)
I think having an escape route would be wise because Biden and Trudeau are destroying their countries spending money they don't have. We are in dire straights because the average voter has no economic understanding. My neighbour said "SO" in response to my comment about our economy. We are dying with debt.
While the CCP has been moving in for well over 10 years and definitely sleeping with Biden and many others before Mr. T came along as the town cryer. It looks like communism is hitting the US...its a good time to move our money and our bodies out of this place. That's what Im thinking....
Yes between that and the US sending troops to Ukraine starting unecessary conflict with Russia. I really like that the Carribean countries are generally so peaceful and stay out of drama. I'm looking into Grenada or Dominica by investment myself. I just really need to get a second passport especially cus my husband's family is Chinese. Who knows all this drama might getbus citizens banned from some borders in the near future. I don't want anything to do with that drama just want to be left alone and see my family freely without getting side eyed or denied cus I'm American
@@loryndabenson2118 yes never renounce your US citizenship. It’s one of the most powerful passports that gives you access to certain places. Dominica and Barbados are nice places.
@@c0r8d877 if you are wealthy stay away from Russia as a foreigner. The local mafia is very real. And the entire system and rule of law doesn't favor a foreigner
Andrew, as a Caribbean Citizen who is NOT from a CBI country, I WELCOME these investments into the region. I hope my country will implement a CBI Programme because I believe it is both a game changer and a win win situation for both the investor and the country. Keep up the good work!!!
That is the sad part of this CBI debacle. All is good now, but what happens when these passport holders start making demands on the country - think it can't happen. Well is the Pope Catholic. The Caribbean countries are creating a huge problem for the next generation. In Nevis recently, there was a Russian White women who bought her citizenship and is bankrolling the Prime Minister's election campaign, was upset when the children were on the beach doing their exercise drills at the same time as she was walking. She wanted the beach to herself and when she realized that it was not going to happen she went full blown "Karen" on the organizers and children. See what these entitled outsides think that they can do to the natural born citizens and this just the tip of the iceberg. Our Caribbean are thinking WTF is wrong with the current politicians. We paved the way for them and now they are bringing in new White Masters who will be worse than the British.
As a Caribbean born person, you're spitting facts. I'm from Trinidad and Tobago and the politicians are allegedly corrupt and the people politically polarised. Plus....The crime is increasing since we started accepting Venezuelan migrants in the 2010's. And what I have noticed, is that the Venezuelans are being treated better than their own citizens.
That was savage calling out the commenter. So I thought I’d so the same for the giggles…. Something something passport not good something something 😂😂😂
Good video. But when should one start to prepare for moving an online business offshore? I just started mine last year and I’ll crack six figures in not too long.
The Caribbean Is The Absolute Best Deal In Town. Even if you put down enough money for Maltese citizenship, and become an EU citizen, your taxes still won't be less than that of St. Kitts & Nevis or Antigua & Barbuda. The whole point is to maximize the amount of money that you'll potentially aquire over time. Because one sad fact of life is that time is money. And All Roads Lead To Money.
Unfortunately the Caribbean countries are in danger of losing visa access to the UK and the EU. Dominica has just lost access to the UK and it is rumored that St. Lucia is next. Some greed and some bad judgment seems to be the culprit. Selling passports to Russians after the Ukraine war took off, laxity in due diligence and lax replacement for "lost" passports have been cited. Our Dominica citizenship is now an investment that has lost a lot of value for us, because we just lost UK visa access. If we lose EU access (a real risk) the investment will be lost as far as we're concerned.
I think one should be having minimum to no grasp on the things this channel talks about if he or she says that Caribbean passports are for fools. In my opinion, if you’re still not at the seven figures yet and you need to buy that “one” passport, it has to be Caribbean, plus a residency.
Thanks Andrew. Your advice is not only for wealthy entrepreneurs. I've learned how important it is to get a second passport. I've also learned much from you so thanks again for all the information. I'm working on my second passport now from an Asian country through marriage and that's thanks to you. I never realized how this can help if you get tired of your country. I hold a strong passport but you've opened my eyes so keep making the videos and I'll keep learning.
Great video, as always! I've been following Nomad Capitalist for a while now, and I would be very interested in Andrew's reasons for "collecting" passports. Also, is there any way Andrew could talk about which citizenships he has and how/why he got them? I am very passionate about citizenships and passports too and would love to hear the stories! Keep producing the great content, it's really remarkable how much better the quality recently got.
Australia acted no different than North Korea or the Albania of the 1970s when such country was literally sealed off to the rest of the world ….. surreal but real . Nobody with half a brain should CONSIDER to go to Australia even as a tourist for just a week !!! To say that the Australian government acted since January 2020 shamelessly in the most tyrannical way, is just an understatement 🤬🤬🤬☠️☠️☠️🖕🖕🖕
Hey is the real estate there really as crazy as they say? Would something like a 25k/mo USD salary plus low 7 figs saved be enough to get into Caymans? Or maybe Turks and Caicos better?
@@enggguy Some countries do not restrict the number of citizenships you may acquire; and each citizenship means that you may acquire a passport of that country.
Anyone here have any comments on Turks and Caicos? I'm Canadian, currently on a non lucrative visa in Europe but looking to jump to the Caribbean and Turks and Caicos seems dreamy but I don't see it get mentioned as much as the others.
No taxes in the Caribbean that's why their citizens migrate to the U.S and other European countries because their government can not take care of them or growing because they have no revenues.
Have u ever been to the Caribbean? Alot of ppl from italy n europe have moved 2 the USA does this mean EU is bad? Migration alone does not mean country is bad, ppl in the Caribbean live happily however some wants 2 travel for various reasons hence they move, not just 2 the usa but alot of other places as well, millionaires from different countries have taken this passport tht means the country has a future, most ppl r enjoying free travel, no shit from govt, no hate for others as a result traveling other places have zero political impact on every individual and above all apart from haiti n jamica most Caribbean places r very peaceful, no such crime as in the west in particularly in the usa & Europe, low population eventhough u have alot of sex there cos of organic food n life style, so the benefits are alot if u ask me, i can go on n on, but to cut thing short its worth every penny to be a Caribbean citizen, ya maan.
Syrians want a second citizenship because it’s completely uninhabitable in that place. There are zero opportunities, a world top engineer will get paid $25 a month. Being stuck in Syria is the worst prison a person could have.
I have British-Dutch-Yemeni citizenship, would it be beneficial in any way to add a Carribean passport to my portfolio? I was thinking of St Kitts and Nevis.
Andrew, when the US economy collapses in the coming civil unrest what will happen to small countries which are more or less dependent on the US economy and the dollar? Like Panama, the eastern Caribbean islands? Will they go down with the USA? If so, where can we go to weather the coming storm and be least affected?
Get involved in the community and support local farmers/gardeners. Grow your own food as well if you can. Most these material things we can live without. But you can't live without food.
You are enjoying your best life as the captain of your fate, and the Master of your destiny. RUclips troll misogynists writhe in hindsight of their mistakes. Keep up the good work!
I have sailed through most of the Caribbean & always felt safe, I love St Vincent and the Grenadines & St Lucia! Do you have to have a Vaccine Passport yet?
I understand your point but I believe that getting another passport doesn't release you from paying taxes in a country like Canada and probably USA and many other westerner country. For example in Canada, you are fiscally resident and liable to paying taxes even if you live in another country and if you still have links to Canada such as a bank account/ business registered in Canada/ owning a house/etc...
Andrew, I've been considering Turkey. I have a life partner, but we're not married. If we were married, could we buy citizenship together or would we each need to invest 250k anyway? Also, could we still own property and keep passports in the USA without issue? He's actually Canadian, but I'm a US citizen. How are the Turks about Canadians? Could you do a video on this subject? (Or maybe you have and I missed it?) Thank you for sharing your knowledge.
Due to St. Kitts & Nevis transforming into a digital economy with the launch of a digital currency, this grasps the attention of FINTEC investors. The amount to gain citizenship was reduced from from $190,000 to $150,000 (COVID-19 limited discount) - must be donated to a charity set up by the St. Kitts-Nevis government. A $200,000 real estate investment is also required. Also St. Kitts & Nevis offers digital banking licenses, which is a plus for "hoarding" investors 😁
I'm not saying this would happen, but isn't it possible that a country could change their policies some time in the future? What if the Caribbean country one invested in, decided to no longer "leave you alone"? For example, they could decide to start taxing foreign income like the US, and make renouncing citizenship expensive. Even if unlikely, we have to at least acknowledge this as a potential risk
I like you and your videos, but allow me to correct you: The US didn't win WW2. The USSR did (with help from the US and other nations as allies, certainly)
![Want to Move to the Caribbean? Watch this First - [The Ugly Truth about Island Living]](/img/1.gif)
Are Caribbean passports a good idea?
My fox 🦊 says yes!
Hmm, is giving yourself options in life a good idea? Most successful people have a plan for change. Having the mind of a child allows for bliss...until change happens.
It sounds interesting. But I've got questions. For one thing, AFAIK many countries permit only 2 citizenships so you need to choose wisely If you are a citizen of one of them. Also is there any issues transferring money back from the Caribbean countries to the banks in the EEC or US? Because I think the economic superpowers are none too happy with their citizens making deals with the tax paradises.
In case of you invest 100 000$ in a caribean passport for the next 10 years means that you pay 10 000$ in taxes a year. That's what is fair! Specially for EU citizens that earns 6 figures or more because they are heavily taxed in Europe!
I think that Antiguan passport is great in these days for digital nomads because you just have to spend a mouth per year in that friendly tax country to have your tax residency there and spend the most of the year wherever you want!
There are two types of people in the world. People who want to be left alone. And people who just won’t leave them alone.
I AGREE 1,000%
Genius observation
😅Facts
This
Very veeeeeery well said
Australian based in Cayman ! Best decision I made. Andrew 100% right. Freedom , safety and no over governance.
I’m sure you are looking like a genius to your family about now.
I dont have the chequebook for these programs... Do you recommend living there? I know in antigua if youre there for 4 years (no more than 6 months gone) then you can apply for a residence permit. 3 years later. Can apply for naturalization. Do you recommend this?
Cayman is a British overseas territory, no? It's not exactly a "caribbean passport"
@@vetiarvind correct. But i think Peter is just talking about the region and tax benefits. & im talking about whether staying there by paying in time rather than dollars is a wise decision
@@mattball7074 yes, I believe times are going to get tougher especially on taxes and safety and quality of life style . A lot of it is luck , I came for work and progressed from there. Australia really heading to even higher taxes and regulations. So sad !
I live in the Caribbean for years I just love it This is not no fools but wise Mr Nomad Capitalist Just Remember GOD is The ONE in CONTROL Matthew 6:33 Knowledge is Power every hour
"No comma" 😆 As someone who is bothered by bad grammar, this was absolutely hilarious.
Lol
Hey Andy I may not be a Seven or Eight Figure Entrepreneur and have watched your videos and am an active follower of go, " where you are treated Best," I agree with everything you say. Good Job Buddy !
P.s. Thanks for the Tips, your videos are Awesome 👍🏾
Andy? :)
I totally agree with you. I am not a big fish too but I have dreams to leave the shit-hole I'm in and be in a place where I am treated like a free human being...🌹
Me too 😆 I am no where near 7 or 8 figures. I reached out to him once and explained that I am a 6 figure and he said he may be able to help. I got intimidated though because I don't think I have enough financially to be his client.
Following you around. Yes ,I understand that and I say prayers for all the world travelers. Be safe and enjoy your life .
I am Australian and am currently looking into moving to the Caribbean, I am sick to death of the control that our Government has and wants more over us. Australia has became a Policed country, ever since the pandemic lockdowns, politicians and police are drunk on power. I have had enough and it's time to get out of this PENAL COLONY.
I had wished to immigrants to Australia several years before,yet I changed my mind after watching several versions of Nomads Capitalism .
"... PENAL COLONY"😂😅😊
AMEN. My parents live in Australia, I grew up there, I never understood the appeal of the place and the way that it’s transitioned over the last few years to an insane level of control over citizens is very wild. Praying that my parents decide to leave.
The person who wrote that comment likely doesn't qualify for a 2nd passport possibly due to financial reasons or his/her character (criminal history). The person may be angry and jealous
or a foolish US citizen
I am a Canadian and could simply not cope living in a Country where the government did not intercede in and tax every aspect of my life on a daily basis. How could you make decisions without knowing what the government wanted you to do ? It is just hard to Belize it is possible:)
The public service pension plans (at all three levels of gov't) are grossly underfunded, and so they're going after whatever they can.
There is a flip side to that as well … your life and property is protected by standards, courts, legislation which gives you health, security and a chance for prosperity.
@lawrenceweston922 - When a government decides to seize your bank account based on your political views, like in Canada, there is not much protection left.
Just a thought.
@@lawrenceweston922 " a chance for prosperity " in Canada is slipping away from the middle class who are now living from pay cheque to pay cheque and are carrying a large personal debt in Canada. The healthcare system is deteriorating speaking as a Canadian who is a retired MD I have seen it happen firsthand and it is on the verge of collapse.
@@rapier1954 Ohh I agree, that’s why I said “chance”, say what you want about Canada. No politician, bureaucrat, general, oligarch, policeman, judge or gangster is going to take what you have. If 3rd World countries have the rule of law.
I recently got my Dominican Republic birth certificate and national ID card. I have been going through the citizenship by descent process since July 2021, or June 2021 if you count the time it took to get my US birth certificate, which was needed for the process. I will soon get my passport. This will give me visa-free access to Russia. I would also like to get citizenship in an EU country and my Dominican citizenship will allow me to apply for Spanish citizenship with two years of residency, instead of the usual 10. Anyone with a citizenship of Ibero-America (including those with Puerto Rican citizenship), Portugal, Andorra, the Philippines, Equatorial Guinea, or France, or if a person is a Sephardi Jew, he or she can apply for Spanish citizenship after two years of living in Spain. If you marry a Spaniard, the residency time required would be reduced to just one year.
LATAM citizens can also naturalize easily across other countries in the americas. Mexico, 2 years instead of 5, Colombia, 1 year instead of 5, El Salvador 1 year instead of 5, etc.
Puerto Rican citizenship?
@@Truther945 yes, it’s a certificate given to those born on the island, or anyone who has lived in PR for one year. It’s a document that is useless in PR but can be used in Spain for example for 2 year fast track naturalization.
@@buzzlamicjihad oh I've never heard of that before. Thanks for the info!
@@Truther945 no problem. Gringos can get it. When you get residence across Spanish speaking countries, you can choose Puerto Rican as your nationality on your ID instead of American. Which allows for faster naturalization in a few countries above. Also, since PR and the US are connected, in Spanish dual citizenship law, you aren’t forced to renounce US CITIZENSHIP if you are Puerto Rican. It’s a hack most dont know about. I figured it out myself. Good luck
Andrew, You are SPOT ON!!!! Let the haters stay in their darkness!!!! We shall see who has the last laugh.
It is all about GWYTB and CHOICES.
20+ years ago I went to school in the Caribbean and liked it a lot but always thought that those who bought citizenship there (when those programs were new) were up to no good, but now the way things are going in the US/Canada, it looks like a way to get away from worsening tyranny
Even if the country you invest in to get citizenship, is nothing more than a rock in the sea, as long as it is a recognized sovereign entity, with a recognized travel document, with decent visa free privileges, then it is valuable
You've opened my eyes to a great many possibilities and I watch you all the time, for what it's worth dude.
Some people are just negative and looking to drag people down. Great job on this video, Andrew! I'm sure I'll be coming to you for your services at some point!
My Ex's family were very wealthy and they were citizens of Cayman and had an international company and 2 homes in the USA.
I'm poor as hell but I love to watch too!
What's your country?
Good video! Smaller countries do some things faster, like you said. Example: Getting or renewing your passport once you're a citizen. Takes FOREVER in the US.
Australian living in Indonesia🇮🇩... best decision ever. More freedoms here, no government overreach and tax benefits that encourages me to do business here. Considering Rwanda, the Singapore of Africa 😁
Living in Bali?
@@hdthor very close, on a nearby island 🏝
Your guidance would be appreciated so much
@@PapaBrianMatthewRaven hi! I want to move to indonesia but scared no will understand me, and i am not good with languages. Is english widely spoken in indonesia.
@@h.r.529in Bali most of them understands english, in Jakarta many understands english. I recommend those 2 cities
Andrew, as a fellow Ohioan, I applaud you from getting out of this stagnant, outdated, backwards country that delights in inciting its citizens to turning on each other. I refuse to carry out the media's narrative to hate thy neighbor and am looking at the Caribbean for a 2nd citizenship.
I'm a former Ohioan as well. Live in China now. Isn't the orange barrel the Ohio state flower?
Long time listener
Please could you cover Bahamas citizenship
Pros & Cons
Cheers
Yes, this would be amazing
Portugal is better
Hi Andrew, this is one of your best post. The philosophy you talked about is also my own philosophy. Though I am not a big fish I wish to somewhere cosy and wish where I have to bother the govt. or any mafia...go on man, share your philosophy and you don’t have to react to others, not everyone has the same philosophy...cheers.🥰
Your content keeps getting better
Andrew, You are the most facetious person I "don't" know yet ! Love it !
3:34 "... perhaps one from the Carribean, one from a country that's ONLAND somwhere..." LOL that cracked me up :)
"[...] no comma [...] no comma [...]" I love you so much, Andrew
Andrew u are the man! Let the haters hate, your street cred is known world wide. God bless sir.
Great video. Than you, Andrew!!
Glad you enjoyed it!
Another great and insightful video 😎👍
I'm planning to apply for Dominica CBI, but still feeling uncertain about having a passport for which I'm unable to obtain convenient consular assistance (e.g., notarizing documents etc) in my country of residence (Thailand). So I'm alternatively thinking about Turkey since they have an embassy in Bangkok.
Thank you for this video. You make a great and valid point. Please keep posting videos
More to come! Thanks.
I'd like to add what I think is an interesting aside to this discussion. Many people think having multiple passports is a waste of time if you have a US passport, but when you really start to travel, you start to discover some truths. First, although cost isn't a factor for high-net-worth individuals, it is often cheaper to get into some countries with a NON-US passport than others! Visa fees vary from country to country and some countries have relationships with other countries that can make a non-US passport better for travel in partnering countries. Second, you may have a lot of trouble going into certain countries on a US visa for political or other related reasons. Third, if you are ever in a real serious situation and need to get out of a country as quickly as possible, having multiple passports can save your life! I mention this because I know a woman who wanted to visit all of the countries in the world. She had a US passport as well as a passport from another country. She was able to accomplish her goal by utilizing her second passport to travel to some countries that weren't easy places to travel to with a US passport and she was able to pay cheaper fees by using her second passport. I also have a friend who was trying to get out of a particular country during a natural disaster. There were multiple countries participating in evacuations. She could not get out of the country with the US convoy because they were only taking military personnel initially. She had multiple passports and was able to secure a flight out using one of those other passports. These are solid additional reasons to have multiple passports even if you have no intention of renouncing your US citizenship. You never know when you're going to have an issue that requires you to rely on that second passport. It is always better to have it than not have it! Passports aren't something you're going to be able to get quickly, so you have to think through things, plan for it and be prepared. AND, this applies whether you are a high-net-worth individual or not!
The person trashing Caribbean passports is ignorant. Andrew, I agree with you completely. Caribbean countries are not unstable places. They are successful democracies with a judicial system based on the English Common Law. They are part of CARICOM, an EU-like common economic region. They have the Eastern Caribbean Central Bank, overseeing the economies of all member states.
Their currency is the Eastern Caribbean Dollar (ECB) pegged to the US dollar at USD 1= 2.70 ECB. I could go on and on...
Thank You Andrew for all the valuable information You provide. I was in the USAF & then a government contractor living & working abroad for years and I miss it.
Most people don’t understand the huge disparities between their country & others. If someone never leaves their country they’re ignorant to speak on expatriating or citizenship. These people don’t have a leg to stand on let alone any expertise in speaking!
The irony is they seem to think their opinion is valid or needs to be heard. This is also the same reason they’re most likely unsuccessful in business or work for someone else. 🤦🏽♀️ Gotta love that entitlement factor.
😂
Keep doing All You Do!
💜
I became a Czech citizen 2 years ago and I breathed a sigh of relief when I got my naturalization papers but despite the problems in the US, I do not want to renounce my US citizenship. I simply cannot imagine doing that but different strokes for different folks.
Congratulations on the citizenship.
2:15 I personally know a fellow in the 7 and 8 figure area.. that has citizenship in the Carib. Hell I'm thinking of doing it... cause beaches, warmth and I have a boat and there's songs about it (plus if you have one citizenship freedom of travel/stay)
I think having an escape route would be wise because Biden and Trudeau are destroying their countries spending money they don't have. We are in dire straights because the average voter has no economic understanding. My neighbour said "SO" in response to my comment about our economy. We are dying with debt.
While the CCP has been moving in for well over 10 years and definitely sleeping with Biden and many others before Mr. T came along as the town cryer.
It looks like communism is hitting the US...its a good time to move our money and our bodies out of this place. That's what Im thinking....
Yes between that and the US sending troops to Ukraine starting unecessary conflict with Russia. I really like that the Carribean countries are generally so peaceful and stay out of drama. I'm looking into Grenada or Dominica by investment myself. I just really need to get a second passport especially cus my husband's family is Chinese. Who knows all this drama might getbus citizens banned from some borders in the near future. I don't want anything to do with that drama just want to be left alone and see my family freely without getting side eyed or denied cus I'm American
@@loryndabenson2118 yes never renounce your US citizenship. It’s one of the most powerful passports that gives you access to certain places. Dominica and Barbados are nice places.
@@C1K450 don't worry i have no plans to renounce. Plus i wouldn't want to lose my veteran's benefits but i would love having a second passport
Mostly for weather. I would choose warm places and live modest life rather live as a billionaire in Moscow.
Sochi, Russia.
@@c0r8d877 I was there. Pretty nice place but still... I prefer Bahamas or at least Tenerife.
@@c0r8d877 if you are wealthy stay away from Russia as a foreigner. The local mafia is very real. And the entire system and rule of law doesn't favor a foreigner
@@c0r8d877 and its still cold in Sochi. If you need that region try Georgia or Estonia
Hurricanes
What about Dominican Republic? I never hear you talk about that country
Would get a Caribbean passport just to go to West Indies cricket matches on the reg!
As a Canadian this video is speaking to me.
Andrew, as a Caribbean Citizen who is NOT from a CBI country, I WELCOME these investments into the region. I hope my country will implement a CBI Programme because I believe it is both a game changer and a win win situation for both the investor and the country. Keep up the good work!!!
That is the sad part of this CBI debacle. All is good now, but what happens when these passport holders start making demands on the country - think it can't happen. Well is the Pope Catholic.
The Caribbean countries are creating a huge problem for the next generation.
In Nevis recently, there was a Russian White women who bought her citizenship and is bankrolling the Prime Minister's election campaign, was upset when the children were on the beach doing their exercise drills at the same time as she was walking. She wanted the beach to herself and when she realized that it was not going to happen she went full blown "Karen" on the organizers and children.
See what these entitled outsides think that they can do to the natural born citizens and this just the tip of the iceberg. Our Caribbean are thinking WTF is wrong with the current politicians. We paved the way for them and now they are bringing in new White Masters who will be worse than the British.
As a Caribbean born person, you're spitting facts. I'm from Trinidad and Tobago and the politicians are allegedly corrupt and the people politically polarised. Plus....The crime is increasing since we started accepting Venezuelan migrants in the 2010's. And what I have noticed, is that the Venezuelans are being treated better than their own citizens.
That was savage calling out the commenter. So I thought I’d so the same for the giggles…. Something something passport not good something something 😂😂😂
In this case, the real fools are the one fooling themselves.
Countries change throught time. No "good" countries are so good, and "bad" countries so bad.
Are you Eastern Orthodox by any chance? Couldn’t help but notice the icon in the background.
Great video, I am definitely weighing my options for overseas/global citizenship.
Good luck😊
Yes, I was a die hard Australian, no more. I am looking to move elsewhere.
@@lhourigan1 try living in Fiji for a while. Then if you are comfortable
You may move to Portugal
how many days can dominica 🇩🇲 citizens stay in mainland of china without visa?
Strong message about liberty and freedom over all. ❤
I’m from Saint Kitts and Nevis, the EU is currently trying to control our CBI program!
Besides Haiti, what island in the Caribbean is an "unstable" country?
No terrorist activities in Caribbean. Feel free and happy. Don't have to worry about mass shootings in malls or terrorism
Good video. But when should one start to prepare for moving an online business offshore? I just started mine last year and I’ll crack six figures in not too long.
The Caribbean Is The Absolute Best Deal In Town.
Even if you put down enough money for Maltese citizenship, and become an EU citizen, your taxes still won't be less than that of St. Kitts & Nevis or Antigua & Barbuda. The whole point is to maximize the amount of money that you'll potentially aquire over time.
Because one sad fact of life is that time is money. And All Roads Lead To Money.
What are your thoughts on Belizean residency & citizenship now?
I was born with Caribbean citizenship 😩 who out here calling me a fool?
Right!
@@LisaCulton Subbed to your channel you got good content I love Switzerland.
@@ApolloLeRoux Thanks! I worked in the Caribbean (St. Lucia, St. Vincent) a long time ago and I think that the Caribbean is great!
Might consider Portugal
Unfortunately the Caribbean countries are in danger of losing visa access to the UK and the EU. Dominica has just lost access to the UK and it is rumored that St. Lucia is next. Some greed and some bad judgment seems to be the culprit. Selling passports to Russians after the Ukraine war took off, laxity in due diligence and lax replacement for "lost" passports have been cited. Our Dominica citizenship is now an investment that has lost a lot of value for us, because we just lost UK visa access. If we lose EU access (a real risk) the investment will be lost as far as we're concerned.
Thank you for your interesting perspectives
it's a good replacement for the us passport or an addon for other passports.
I think one should be having minimum to no grasp on the things this channel talks about if he or she says that Caribbean passports are for fools. In my opinion, if you’re still not at the seven figures yet and you need to buy that “one” passport, it has to be Caribbean, plus a residency.
just for the weather ... it is worth already.
Who wants to live in FRIGID Canada or socially woke usa / aus ?!
@@renatosureal the English speaking countries have become sewer tanks of wokes. Even the Hollywood movies are woke now. Makes me puke
I agree 👍🏾
Please investigate Mauritius as a go to country. See what Evaco property offer in assistance if you buy property through them.
The Caribbean is underrated!
Very but sadly there's corruption and injustices from so much capitalism
@@FBISHOJI and where is their zero capitalism
Thanks Andrew. Your advice is not only for wealthy entrepreneurs. I've learned how important it is to get a second passport. I've also learned much from you so thanks again for all the information. I'm working on my second passport now from an Asian country through marriage and that's thanks to you. I never realized how this can help if you get tired of your country. I hold a strong passport but you've opened my eyes so keep making the videos and I'll keep learning.
It's good to have options.. my land tax for my house in Jamaica cost me $10CD a year and I got a nice house
Great video, as always! I've been following Nomad Capitalist for a while now, and I would be very interested in Andrew's reasons for "collecting" passports. Also, is there any way Andrew could talk about which citizenships he has and how/why he got them? I am very passionate about citizenships and passports too and would love to hear the stories! Keep producing the great content, it's really remarkable how much better the quality recently got.
Australian, based in Cayman not going back to Australia.
Australia acted no different than North Korea or the Albania of the 1970s when such country was literally sealed off to the rest of the world ….. surreal but real . Nobody with half a brain should CONSIDER to go to Australia even as a tourist for just a week !!! To say that the Australian government acted since January 2020 shamelessly in the most tyrannical way, is just an understatement 🤬🤬🤬☠️☠️☠️🖕🖕🖕
Good call
Hey is the real estate there really as crazy as they say? Would something like a 25k/mo USD salary plus low 7 figs saved be enough to get into Caymans? Or maybe Turks and Caicos better?
As an Indian citizen I cannot have dual citizenship. So I am unsure how anyone can gain more than one citizenship.
You would have to become a citizen of a country that allows dual citizenship and denounce your Indian citizenship.
So how do people have more than two passports? Sometimes even three or four or five? Are they breaking the rules? Sorry I am confused.
@@enggguy Some countries do not restrict the number of citizenships you may acquire; and each citizenship means that you may acquire a passport of that country.
Small islands . How can u compare these islands with developed countries? 🎉
Anyone here have any comments on Turks and Caicos? I'm Canadian, currently on a non lucrative visa in Europe but looking to jump to the Caribbean and Turks and Caicos seems dreamy but I don't see it get mentioned as much as the others.
Might consider Portugal
No taxes in the Caribbean that's why their citizens migrate to the U.S and other European countries because their government can not take care of them or growing because they have no revenues.
True true I'd rather live the the US than the Caribbean because I felt belonging
Have u ever been to the Caribbean? Alot of ppl from italy n europe have moved 2 the USA does this mean EU is bad? Migration alone does not mean country is bad, ppl in the Caribbean live happily however some wants 2 travel for various reasons hence they move, not just 2 the usa but alot of other places as well, millionaires from different countries have taken this passport tht means the country has a future, most ppl r enjoying free travel, no shit from govt, no hate for others as a result traveling other places have zero political impact on every individual and above all apart from haiti n jamica most Caribbean places r very peaceful, no such crime as in the west in particularly in the usa & Europe, low population eventhough u have alot of sex there cos of organic food n life style, so the benefits are alot if u ask me, i can go on n on, but to cut thing short its worth every penny to be a Caribbean citizen, ya maan.
@@ViralTubeRecords born in the Caribbean. I leave it right there
Syrians want a second citizenship because it’s completely uninhabitable in that place. There are zero opportunities, a world top engineer will get paid $25 a month. Being stuck in Syria is the worst prison a person could have.
I have British-Dutch-Yemeni citizenship, would it be beneficial in any way to add a Carribean passport to my portfolio? I was thinking of St Kitts and Nevis.
What about Mauritius ( no military) ? Seychelles?
how about canada in recent days?
What do you think of Georgia is it a good place to invest property investing ( batumi ) ?
avoid the Atlanta area (joke)
@@johndubose1395 I meant Georgia the country not in the USA it’s in Eastern Europe
@@tareqalsadi yes I was just kidding, thats why I included the word joke.
@@johndubose1395 I got it 👍🏼😂
Rewarding a country that's not greedy is the right thing to do.
Andrew, when the US economy collapses in the coming civil unrest what will happen to small countries which are more or less dependent on the US economy and the dollar? Like Panama, the eastern Caribbean islands? Will they go down with the USA? If so, where can we go to weather the coming storm and be least affected?
Get involved in the community and support local farmers/gardeners. Grow your own food as well if you can. Most these material things we can live without. But you can't live without food.
The petrodollar will still be there but it will just be devalued
You are enjoying your best life as the captain of your fate, and the Master of your destiny. RUclips troll misogynists writhe in hindsight of their mistakes. Keep up the good work!
Here to my country and other countries that don't recognize or allow Dual or multiple citizenship.
I sold 100MB Citizenship of Carribean Islands to ten People that's why I would like to get my own as my remuneration so kindly suggest the prospects
I see that you're a fan of the Oxford Comma, as am I. 😂
Me too
You've opened my eyes up to thr global banking system one day I hope I get enough money to work with you
I have sailed through most of the Caribbean & always felt safe, I love St Vincent and the Grenadines & St Lucia! Do you have to have a Vaccine Passport yet?
@@renemarie5936 Gosh
@@renemarie5936 i checked it out and your talking complete rubbish
I understand your point but I believe that getting another passport doesn't release you from paying taxes in a country like Canada and probably USA and many other westerner country. For example in Canada, you are fiscally resident and liable to paying taxes even if you live in another country and if you still have links to Canada such as a bank account/ business registered in Canada/ owning a house/etc...
I got a Jamaican passport. Lol where can I go visa free.
How about Pakisthan or Bangladesh
Lol
Somalia...
Andrew, I've been considering Turkey. I have a life partner, but we're not married. If we were married, could we buy citizenship together or would we each need to invest 250k anyway?
Also, could we still own property and keep passports in the USA without issue? He's actually Canadian, but I'm a US citizen.
How are the Turks about Canadians?
Could you do a video on this subject? (Or maybe you have and I missed it?)
Thank you for sharing your knowledge.
Caribbean people do not treat foreigners badly. We are friendly and do not treat foreigners badly based on skin colour. We are colour blind
I fully agree. US is of the past and without future.
Would you ever live in one of the Caribbean CBI countries as part of a trifecta? What would be the pros/cons?
Due to St. Kitts & Nevis transforming into a digital economy with the launch of a digital currency, this grasps the attention of FINTEC investors. The amount to gain citizenship was reduced from from $190,000 to $150,000 (COVID-19 limited discount) - must be donated to a charity set up by the St. Kitts-Nevis government. A $200,000 real estate investment is also required.
Also St. Kitts & Nevis offers digital banking licenses, which is a plus for "hoarding" investors 😁
Unfortunately you must be vexed to enter.
Great stuff
I'm not saying this would happen, but isn't it possible that a country could change their policies some time in the future? What if the Caribbean country one invested in, decided to no longer "leave you alone"? For example, they could decide to start taxing foreign income like the US, and make renouncing citizenship expensive.
Even if unlikely, we have to at least acknowledge this as a potential risk
Representing Anguilla Baby 😎
Go where you're left alone!
Do you think the EU will pull out of visa-free access arrangements with these citizenship through investment countries as they seem to be threatening?
I like you and your videos, but allow me to correct you: The US didn't win WW2. The USSR did (with help from the US and other nations as allies, certainly)
It now takes so long to build a fucking pipeline in Canada, I think it almost 30 years and still not fucking started or built