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Once again, I just wanted to express my appreciation for removing the background music in this video. It's amazing how much of a difference it makes, truly enhancing the overall viewing experience. The lack of music allows us to fully focus on the content, making the video much more engaging and interesting. Moreover, I sincerely hope that this decision to remove the background music becomes a permanent feature in your future videos. It's such a refreshing change that heightens our focus and engagement, allowing us to appreciate the content even more. Keep up the great work, and thank you for considering your viewers' feedback. This simple yet significant change has greatly improved the quality of your videos.
We appreciate you bringing this issue to our attention. Rest assured, all our current videos were prefilmed and are ahead of schedule. However, once we became aware of the problem, our editing team has been diligently working to rectify it. The upcoming videos being edited and uploaded have taken this music synchronization issue into consideration. We apologize for any inconvenience caused and thank you for your understanding. Stay tuned for the improved content
Nah, I’m used to annoying music on TH-cam posts already. Kinda miss them. Please put Slipknot as background music in louder volume, for maximum irritation to the viewers.
I have dual citizenship and two passports, Norway and Sweden. Can’t tell you how free I was during COVID when Norway went on lockdown and Sweden was pretty much the only country in the world that did virtually zero restrictions. I decided to move back to Sweden and kept working in Norway remotely, and I could still travel freely into Norway whenever I had to. So I can tell you from experience, having multiple passports and dual citizenship is truly worth it! 🇳🇴🇸🇪
"You want to feel something you connect with..." is an important insight. Part of the interest in watching these videos is Andrew sharing his personal evolution from, essentially, living out of a suitcase as a PT in his twenties, to his trifecta approach, to now contemplating a place that could, maybe, if the chips were down in a black swan-type event, be a semi-permanent home base. Impressive self-revelation. Pretty brave, too.
One important detail he overlooks, which lead him to discard Luxembourg, and also to under-rate Belgium is native language. Many jobs, institutions, and universities require either language exams or native-speaker status for admission. Which can often be waived by presenting the right passport. US, UK, and Ireland are great for waiving English-language requirements. Luxembourgish passports can do the same towards French and German language requirements. With ONE single document.
I'm soo glad you made this videos. I was looking for that exactly. IRELAND is a place I feel intuned with, culture wise, and I really enjoy the compagnie of my Irish friend.
Ireland is where I left my heart. I’m just an empty shell in America. Working on citizenship by descent in another EU country and wading through the bureaucracy. I hope I can make it back before I die because I want to die in Ireland!! ❤
I met a young US woman of Irish descent who said she was working on Irish citizenship since she had diabetes and would need lifelong medical care as well as she was going to university in Ireland since it was affordable. It's wise to think ahead.
I saw the Bahamian on the ‘Caribbean Baddies’ show. She was not allowed to come to the U.S. on the Bahamian passport. She had to go through the airport/immigration
Andrew, Lithuania doesnt allow Dual Citizenship, unless for extremely rare exceptions, therefore you can't have multiple passports if you are a Lithuanian citizen.
@Martian Traveller Yes I understand that. But having a Lithuanian passport as the one passport is not exactly the best for freedom following the philosophy of having multiple passports of the base of that one passport. There is no second passport option, that's my point.
You know, many european countries doesn't allow dual citizenship including my country but it doesn't interfere me to hold another 2 citizenships. Im originally from russia and it probided me russian citizenship by birth and since i moved to Spain at sufficiently early childhood i became a citizen when i'd been a minor but my parents and i didnt renounce russian one for some reason (turned out it was an arguable decision but i think it'd be quite good in long term perspective) after i got married with a girl who's an italian and swiss citizen i decided to take swiss citizenship as well and re-regiser all my property on this passport when. Now im comfortable with my taxation and travel freedom and opportiunity to have an acess to russian stock market. Earlier when i wasnt as wealthy as im now i wanted to change spanish citizenship to portuguese but when i understood that legislstion there was almost the same (except for having other passports) and that i im fact didn't have to give up on my spanish citizenship while obtaining another passpor i refused from this idea. Idk what about Lithuania but i think its familiar situation
I’m so happy that I’m a EU citizen …. Only thing what I don’t like from my home country is that I can not have a dual citizenship ( exception is to get the citizenship of any other EU member state ) because now I’m living in Canada and could get the Canadian citizenship but then I must give up my European citizenship .. I wouldn’t do that. It’s to bad
@@ssssssskai great affordable healthcare, free/low pay education, way more regulated in regards to food, pedestrian friendly, existing gun control, work/life balance written into law (mandatory vacation days, up to six weeks full pay when sick, after that around 60/70 paid by health insurance at least in Germany).
I have 2 Citizenships and I ensured my son also does, it would be nice to learn more about China's, Russia's and all those countries in the BRICS and joining the BRICS... Citizenship aspects, Taxes, etc. I like your info on the countries you shared, its great. It would be interesting to know your take on the future of the US$ and thus economy too.
Thank-you to those who replied / messaged me. Muchly appreciated.... one of the concerns I have, although knowing that we are currently still pro Western, is what the Billionaires and Trillionaires are doing quietly behind the scenes in the face of the BRICS+. Sure we still have some time to do our own strategic planning around de-dollarisation etc, not too long though, but it isn't as if they (the ultra rich) are going to advertise their siphoning off of their vast funds into other non US$ currencies, commodities, real estate and businesses in other countries are they? They'll do it so it won't cause panic to enable them to get it all out of the US$, gradually until its all nicely tucked away safely and you and I will pick up the tab once it does go "Pop". It's the "Pop" part which I cannot put a timing on, but one thing is 100% certain... we have finally turned the corner, the top thereof, of the life cycle of the non backed fractional reserve banking fiat currency called the worlds reserve currency, US$. It's only a matter of time... all empires who print limitlessness whilst sanctioning the planet, come to an end and this one is now in the sunset clause. For my kids, I'll be planning to protect them and the business to survive and thrive moving forwards for either situation. The question is, "will you be caught with your pants down?" The irony is, I don't want to be right on this, but at the same time I'm not going to put my head in the sand either by merely watching Western media (not saying you or anyone here does), just saying.
About 6 weeks ago I found my dad's Irish birth certificate and re-applying for Irish citizenship is on my written to do list. This video has really motivated me to get on with it. My wife is Italian - so subject to passing an Italian language exam I could remain a British citizen and become , an Irish citizen and an Italian citizen. I think Ill stop with those three. 😀
Oddly enough, Serbia is appealing. Visa-free travel to China and Russia - not that either is particularly appealing right now - but would give me flexibility that I don't have on my current passport.
I expected Monaco to be on the list. Great for travel, tax-free, easy access to France (though not necessary to the rest of the EU), and the brand name is there.
Yeah Monaco would be my number one. Spent almost 20 years there and there is no path to naturalization but rather by royal decree which is extremely rare. But it also comes with lesser known perks, like cheaper real estate options for citizens than for foreign residents. And it went through two world wars unharmed regardless of being in the middle of Europe.
Given the current world situation and the length of time to get a citizenship sounds like a residency is a better way to diversify. It would be interesting to see top 10 passports for economic and personal freedoms not just visa free travel or family background.
I could have one, it would definitely be Ireland. My dad became a citizen through the Foreign Births Registry, but after I was born so I do not qualify. However, I have family and friends over there so moving there and naturalizing would not be that hard, plus I've done over 15+ trips there so its familiar. Having EU rights + right to live in the UK is a good thing to have. Plus, I just love Ireland as a whole.
It is very hard to get a second citizenship,for exam. In Lithuania the only way to have their citizenship and not be forced to give up your original is if you got parents or great parents who were Lithuanian citizen and you have to provide documents from the Lithuanian historical Archives :old identification card,military service cards,born cards, Lithuania was a free state between 1918 and 1940,and many documents are lost,so just if you are enough lucky to find this certificates you can apply with succsses,also if your ancesors left Lithuania before 1918 (when it became state)or after 1990, his children can nt apply for citizenship,find the needed documents is very complicated job,it can take month ,therefore the applicant must hire a Lithuanian lawyer who specialize in this field.
We do have worldwide taxation in Canada. I was away for almost two years and had to pay taxes on my business income. It's because I kept my residency. If you're willing to let go of your residency (healthcare etc.) then great. If not, you still have to pay taxes. The problem is that if you go that route and eventually come back to Canada, you'll be 6 months without healthcare. So anything that happens to you, you'll have to pay out of pocket and that's not a risk I was willing to take.
Hi Andrew, I appreciate the valuable information. I believe I have ancestors from Ireland i.e. grandfather (Burke) from my mother's side, he has passed. I will contact you directly to enquire more about an ancestor pass port i.e. Ireland, we also have Iberian blood (Spain) but no known relatives. I understand that Croatia is a beautiful place to visit. Do you think that Croatia would be a good place to live i.e. tax-wise, other. I believe some of the locals, especially in the more populated cities speak English. Could you kindly do a video on living in Croatia and Spain i.e. pros and cons. Thank you so much, love your videos!
I have Filipino citizenship and American citizenship. I am trying to take advantage of Spain's 2 year naturalization program for former colonies. That freedom to live in the EU would be great.
Surprised you missed Monaco. One of the hardest to get, usually takes 10 years of 180/360 residence, but no income tax, no capital gains tax, no wealth tax.
Great perks but I can't imagine living 5 years of my life in a country the size of a shoebox. But then again how do they even check if you actually live there.
Andrew, would you please include metrics, info, and analysis on children's education in your overviews of passports/countries to move to? Many of us have kids and their education is an important consideration. By children's education, I mean quality public or private schooling opportunities, but something reasonable. Not all want to do home schooling and many of us still would like to rely on the public system at least to a certain degree. Thus, please include children's education as a variable to discuss in your videos. Thank you.
I kind of was waiting for you to say Finland or Sweden or even Denmark. People from those country's do carry a status of being very much so around the world a stable country's.
If I could have only one passport... well either Singapore or Switzerland... with tendency towards the latter: Both offer: - great travel options - great tax schemes / policies (yes not tax free but fair!) - world-class education - are clean and safe - strong economy and banking system - privacy laws - plus in the case of Switzerland:: free speech and lgbtq/kink friendly while also allowing dual citizenship - also Switzerland is larger and gives you more outdoor options (mountains, lakes, etc.) in general and they had less lock-downs during the pandemic
Are you sure? My nephew residence in Switzerland with his Switzerland local wife. Everything is very expensive and lots of invisible tax and visible taxes society.
Ireland would be my choice , member of EU for access , close to the UK for family visits , let’s not forget the beer very important community spirit in the local pubs !!
You have to keep in mind that a passport that allows you to go somewhere that you have no interest in going there doesn't have any benefit to you. I have a passport in Panama where I live and it allows me to go where I wish to go. Of course I have my American passport which I only need if I go back to the US. The point is that different people have different needs as far as travel is concerned. If your passport serves your needs then you are fine.
For me it's Greece having spent my elementary and high school years there (8 years) at an international school. I know the language enough to get around, familiar with the culture, love the people . . . and have enough money to buy my way in. Anyone who has been there will know what I'm talking about. Culture, beauty, friendliness of the people. The only drawback is learning the language. As a foreigner you stand out and Greeks always want to try out their English on you. Not a bad thing- quite convenient actually. It just takes a while to get conversant in the Greek language.
I was born and raised in England, naturalised in Australia, acquired Swiss citizenship through marriage and am now applying for Irish citizenship by descent as my grandfather was born in Galway and I've Galway blood on both sides (35% Irish, 10% Scottish, 55% English.) But I'm going to check out Thailand, St Kitts, Dubai, Panama and Ecuador as well, with a view to buying a property in case I have to get out of Europe one day. I'm bitterly disappointed that Australia has turned out the way it has. We went through burning hoops as business migrants and lost a heap of money in the process of relocating there - and now my son's in med school in Oz and won't leave. 😢Thank you ever so much for the invaluable country insights you provide - it's much appreciated as it would have taken me hours to research all this as a starting point by myself! 😄
@@siquike90 Good expat communities, politically pretty free, no CBDC (cash used a lot), farm land and housing still relatively cheap, friendly people, some stunning scenery, not too expensive or complex visa process, very good healthcare, cheaper living than the west, and I happen to like Christian/Catholic/Orthodox countries as I'm a person of faith that loves architecture generally and specifically old churches! I also like old fashioned trains and mountain railways and some of the routes there are irresistibly terrifying. My friend's daughter got engaged to the son of the then Japanese ambassador to Ecuador and they spoke highly of it.
I live in Cuenca, Ecuador and it's fantastic! Great expat community to help people integrate, excellent fruits, veggies, and restaurants. And no, there are not gangsters running around everywhere like in the US
Excellent breakdown and reasoning of all these passports and countries! For someone looking for ease of communication, lifestyle, sense of community, fun people to integrate with, history, travel access and a more or less neutral global standing, I would also choose Ireland. Thank you for the very detailed explanations
I have an Irish passport because both parents are Irish and I’ve travelled on it for 25 years now . Only issue with Ireland is it is very expensive there . Energy , rent , food … all expensive . The people are great though , fantastic
Canada should not be on the list, you are definitely not treated well and it's not a business-friendly country. You will work your ass off and not make a difference, most of your money goes to paying taxes and it will not be reflected on the services that you receive. Housing is unaffordable, health system is collapsed, legal system is almost collapsed, education quality has gone down dramatically and much of it has turned into indoctrination, internet is the most expensive in the world, food is expensive and the weather sucks. Personal freedom is very limited and getting worse. Canada used to be a great country, but this has completely changed in the last 10 years, into very bad for the last 3 years.
I am Japanese and have been living in the US for the past 22 years. My green card is about to expire in November so I am debating to either renew the green card or get a US citizenship. I really do not see myself living in Japan but I am not too sure to give up my Japanese passport....
You have been living in us for 22 years. You're pretty much American but as long as keeping Japanese passport is not harming you then keep it. But if you have to choose between one then you have answered that question yourself.
Tax burden is very high in Japan it things are going South in the States. If you naturalise in the US, you automatically lose your Japanese citizenship.
I would replace Canada with Australia given the crime, weather, and poor quality of life in Canada. Australia has its own problems but Canada is far worse.
Canada is only good for people already have everything( wealthy). Believe it or not used to be for people who have nothing too (poor). But it's getting worse for beginners these days. As for your100% privately owned new businesses? Good luck to that.
Is Ireland considered a low-tax European country? A friend of mine who lives in Dublin says he pays 40% income tax, so I'm curious how that's considered a low tax country.
@nomadcapitalist ok but I thought we were talking about getting their passport. Once you have an Irish passport and reside in Ireland you pay tax on foreign income, yes?
What about just having Permanent Resident Visa? Doesn't it serve the purpose? Most PR cannot vote or free education, but the rest entitlements are the same as citizenship.
What about north macedonia? I know the passport thing is kinda sketchy and possible canceled.. but what about north macedonia recidency by starting a company there? Is that a real thing?
Have you/could you do a video about the ease/cost of leaving US to other countries for blue collar workers? My husband does auto body repair and I do retail.
Originally from another European country, I have lived in truly beautiful Switzerland (think snow-capped alps, rolling green plains, as well as forests and lakes) for most of my life, and acquired the Swiss passport a few decades ago. Indeed, it's an expensive country, and you need a certain level of income to live here reasonably well. Unlike some European countries, even those in less skilled jobs are paid a living wage and contribute to an efficient pension system. Switzerland is a politically stable country where everything works reliably, where you find leading international corporations and banks, where you can walk most city streets safely at night, and where you can expect excellent health services - albeit that the latter implies obligatory costly health insurance. The climate is quite good too on the whole. In a S.H.T.F situation, there are bomb shelters for most of the population living here. Unlike America, where you might end up homeless if you're down and out (%ç&/* happens, right?), the social systems in Switzerland will ensure that you still have a roof over your head, enough food to eat, and essential health care. If your pension after retirement is insufficient to make ends meet, you can obtain additional financial assistance from the canton in which you are resident (certain conditions apply) to ensure that you don't have to go collecting deposit bottles like numerous retirees in Germany have to do these days just to survive. There is a strong middle class in Switzerland. If you're very wealthy, the Swiss are open to special income tax arrangements (compare the cantons), and you can enjoy your expensive toys without the fear of being carjacked or something similar. It's the land of premium chocolate and Rolex after all. If you're Joe Corporate and want the lowest taxes possible, you're best going to canton Zug. If it makes you feel safer, you can easily obtain firearm acquisition certificates to buy guns kept at home (hardly any gun crime here). Remember, Switzerland is still a major banking center of the world (lots of old money here) which goes hand in hand with the constitutionally enshrined neutrality - even that failed artist from Austria ultimately left the county in peace. The Swiss very much like their rules and regulations, but that is why everything works like clockwork here - think precision and punctuality, like a harmoniously ticking Rolex or Patek Philippe watch. Acquiring Swiss nationality after ten years of residence is a bit tedious (lots of paperwork, approval by the local village "natives") and sometimes expensive (depending on the canton), and men under age 30 have to do military service (militia-type army). Once you have it, you know it's worth the effort. The Swiss Germans can be quite rigid at times, whereas the French and Italian speaking parts are more easy going. When you see the abysmal state of some countries around the world, including various Western ones these days, you realize how good everyday life is in Switzerland: this country is somehow largely protected from much of the political and economic mayhem in other countries. The pandemic was a real eye opener in terms of individual freedoms: whilst the French had to show the police an authorization to be walking around outside to get some fresh air, here in Switzerland, we were able to go for walks or go biking in the countryside unhindered, as long as we kept a safe distance from others. Individual freedom is one of the founding principles of the so-called Rütli Oath of 1291 (the "Rütlischwur") to stand against the oppression experienced in most of Europe at the time. Give me a Swiss passport any day. It's highly respected around the world.
Andrew I have an outstanding application for Irish citizenship by descent that has literally been waiting three years without being looked at. I have had an Irish law firm the whole time supporting me but they don't seem to be able to do anything to move it forward. I'm not sure if your company can help?
You cannot claim citizenship by descent in Ireland any further back than your grandparents, these so called “law firms” are asking for discretionary naturalisation, which is very rarely granted and probably unlikely for someone who dosent have any residence history. You would need to live in Ireland for 5 years to get citizenship. So essentially you can forget it as they won’t give you it with no history of residency in the country.
Germany, in reducing the requirement for naturalisation to 5 years, have also lifted the dual citizenship restrictions. Just a data point for you. In general, Germany has a lot of job vacancies so that they must make palatable for foreigners to come and work here, so this will certainly be the direction for the future. Also, anyone even remotely thinking that the EU is going to “cease to exist” anytime soon is deranged.
@@My_Old_YT_Account Brexit affects travel from the UK to mainland Europe EU, not Ireland. Ireland at one time was part of the United Kingdom, but even after independence Ireland maintained very close relations with the UK. Citizens of both countries can freely travel and work in the other one. At one time you didn't even need a passport to go from one to the other.
I’m Canadian, my wife is American I sponsored her to get a Canadian permanent residency soon she will be citizen. We don’t have to worry about worldwide taxes
you didnt mention right of return for ancestors of jewish or exiled german refugees, also no restrictions on dual citizenship, I just got mine and my grandad was from the disputed czech/ german sudetanland
Most of these countries are so hard to get their citizenship, Lithuania can take 10 years plus language fluancy, same goes for other baltics, Swiss is pretty hard, UAE! Yes it's the best but hey that is nearly impossible just like Saudi Arabia one. These are like a (wish list) maybe
@@katyakateryna5672 exactly what i wrote. Meaning that if you have your residence and therefore tax residence in DE for 5 years, you´ll be obligated to pay taxes on german-based income for 10 years if you decide to leave, taxed in correlation to your worldwide income. Max rate is 45%. Also they will annoy the shit out of you and if you dont comply, not a good idea to touch German ground for many years.
Surprisingly you are all over the place on this topic. You have recommended several higher tax countries. I am from Luxembourg, and while I love what my country offers, I don't think it is for you.
My wife could get a third passport just by virtue of who she was born to. I could get a 2nd the same way. Why wait? I need more assets. Travel isn’t cheap.
Looking to dive deeper into your Nomad Capitalist journey? Get an insider's edge with our R&D channel. Dive deeper into citizenship and tax reduction strategies, hidden wealth-building hacks, and innovative asset protection insights from our global network of experts.
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Once again, I just wanted to express my appreciation for removing the background music in this video. It's amazing how much of a difference it makes, truly enhancing the overall viewing experience. The lack of music allows us to fully focus on the content, making the video much more engaging and interesting.
Moreover, I sincerely hope that this decision to remove the background music becomes a permanent feature in your future videos. It's such a refreshing change that heightens our focus and engagement, allowing us to appreciate the content even more. Keep up the great work, and thank you for considering your viewers' feedback. This simple yet significant change has greatly improved the quality of your videos.
Thank you for not putting music in the background anymore !
We appreciate you bringing this issue to our attention. Rest assured, all our current videos were prefilmed and are ahead of schedule. However, once we became aware of the problem, our editing team has been diligently working to rectify it. The upcoming videos being edited and uploaded have taken this music synchronization issue into consideration. We apologize for any inconvenience caused and thank you for your understanding. Stay tuned for the improved content
Thank you for you detailed explanation, and for caring about your viewers. 👍
Wanka waka nah nah nah 🎶🎵🎶
Nah, I’m used to annoying music on TH-cam posts already. Kinda miss them. Please put Slipknot as background music in louder volume, for maximum irritation to the viewers.
@@nomadcapitalist no music was a positive
I have dual citizenship and two passports, Norway and Sweden. Can’t tell you how free I was during COVID when Norway went on lockdown and Sweden was pretty much the only country in the world that did virtually zero restrictions. I decided to move back to Sweden and kept working in Norway remotely, and I could still travel freely into Norway whenever I had to. So I can tell you from experience, having multiple passports and dual citizenship is truly worth it! 🇳🇴🇸🇪
Thanks for sharing your experience!
Mexico also have ZERO restrictions
@@adrianaledezma6920 yea but why not much people want their passport?
I'm a resident of Qatar. We also pretty much had zero restrictions. Of course, its next to impossible to get a Qatari passport though.
Correct me if I'm wrong but couldn't you have done the exact same thing on just a Swedish passport?
"You want to feel something you connect with..." is an important insight. Part of the interest in watching these videos is Andrew sharing his personal evolution from, essentially, living out of a suitcase as a PT in his twenties, to his trifecta approach, to now contemplating a place that could, maybe, if the chips were down in a black swan-type event, be a semi-permanent home base. Impressive self-revelation. Pretty brave, too.
One important detail he overlooks, which lead him to discard Luxembourg, and also to under-rate Belgium is native language. Many jobs, institutions, and universities require either language exams or native-speaker status for admission. Which can often be waived by presenting the right passport. US, UK, and Ireland are great for waiving English-language requirements. Luxembourgish passports can do the same towards French and German language requirements. With ONE single document.
I'm soo glad you made this videos.
I was looking for that exactly. IRELAND is a place I feel intuned with, culture wise, and I really enjoy the compagnie of my Irish friend.
Ireland is where I left my heart. I’m just an empty shell in America. Working on citizenship by descent in another EU country and wading through the bureaucracy. I hope I can make it back before I die because I want to die in Ireland!! ❤
Excellent point of view mate 😂
I also like this comment.
Ireland is going to 💩 Do yourself a favour a keep clear
I met a young US woman of Irish descent who said she was working on Irish citizenship since she had diabetes and would need lifelong medical care as well as she was going to university in Ireland since it was affordable. It's wise to think ahead.
@@marcietownsend3635 Affordable, yes. But she could be waiting a long time before she's seen by any doctor. I'm talking months to years.
What!!! No Malta? Really!
One that i would add is Bahamas being, i think, the only passport with visa free access to both the US and China
@@infiad1275 agreed, however time doesn't really matter for the sake of the video. Most of these countries take just as long
@@guilhermesalesferreiradaco2934 his new video shows 2-3 year duration citizenship countries
I saw the Bahamian on the ‘Caribbean Baddies’ show. She was not allowed to come to the U.S. on the Bahamian passport. She had to go through the airport/immigration
Andrew, Lithuania doesnt allow Dual Citizenship, unless for extremely rare exceptions, therefore you can't have multiple passports if you are a Lithuanian citizen.
If you like invading and terrorizing other counties… well sure be a Russian.
@Martian Traveller Yes I understand that. But having a Lithuanian passport as the one passport is not exactly the best for freedom following the philosophy of having multiple passports of the base of that one passport. There is no second passport option, that's my point.
Russian passport is unreal for Asia but that’s about it
You know, many european countries doesn't allow dual citizenship including my country but it doesn't interfere me to hold another 2 citizenships. Im originally from russia and it probided me russian citizenship by birth and since i moved to Spain at sufficiently early childhood i became a citizen when i'd been a minor but my parents and i didnt renounce russian one for some reason (turned out it was an arguable decision but i think it'd be quite good in long term perspective) after i got married with a girl who's an italian and swiss citizen i decided to take swiss citizenship as well and re-regiser all my property on this passport when. Now im comfortable with my taxation and travel freedom and opportiunity to have an acess to russian stock market. Earlier when i wasnt as wealthy as im now i wanted to change spanish citizenship to portuguese but when i understood that legislstion there was almost the same (except for having other passports) and that i im fact didn't have to give up on my spanish citizenship while obtaining another passpor i refused from this idea. Idk what about Lithuania but i think its familiar situation
I’m so happy that I’m a EU citizen …. Only thing what I don’t like from my home country is that I can not have a dual citizenship ( exception is to get the citizenship of any other EU member state ) because now I’m living in Canada and could get the Canadian citizenship but then I must give up my European citizenship .. I wouldn’t do that. It’s to bad
I’m American, was so glad to get my Irish citizenship through descent from my grandparents. Just the freedom to live in the EU is great
Congratulations.
@brendanl8390 Being an american abroad, how's FBAR, FATCA, and the IRS going for you?
Can you explain to me why is EU is freedom and America is not? I truly don't know. Please tell me
@@ssssssskai great affordable healthcare, free/low pay education, way more regulated in regards to food, pedestrian friendly, existing gun control, work/life balance written into law (mandatory vacation days, up to six weeks full pay when sick, after that around 60/70 paid by health insurance at least in Germany).
@@1esk192 thank you for answer! But maybe you can tell me does it apply to Canada as well?
I have 2 Citizenships and I ensured my son also does, it would be nice to learn more about China's, Russia's and all those countries in the BRICS and joining the BRICS... Citizenship aspects, Taxes, etc. I like your info on the countries you shared, its great. It would be interesting to know your take on the future of the US$ and thus economy too.
Thank-you to those who replied / messaged me. Muchly appreciated.... one of the concerns I have, although knowing that we are currently still pro Western, is what the Billionaires and Trillionaires are doing quietly behind the scenes in the face of the BRICS+. Sure we still have some time to do our own strategic planning around de-dollarisation etc, not too long though, but it isn't as if they (the ultra rich) are going to advertise their siphoning off of their vast funds into other non US$ currencies, commodities, real estate and businesses in other countries are they? They'll do it so it won't cause panic to enable them to get it all out of the US$, gradually until its all nicely tucked away safely and you and I will pick up the tab once it does go "Pop". It's the "Pop" part which I cannot put a timing on, but one thing is 100% certain... we have finally turned the corner, the top thereof, of the life cycle of the non backed fractional reserve banking fiat currency called the worlds reserve currency, US$. It's only a matter of time... all empires who print limitlessness whilst sanctioning the planet, come to an end and this one is now in the sunset clause. For my kids, I'll be planning to protect them and the business to survive and thrive moving forwards for either situation. The question is, "will you be caught with your pants down?" The irony is, I don't want to be right on this, but at the same time I'm not going to put my head in the sand either by merely watching Western media (not saying you or anyone here does), just saying.
My Irish passport is scheduled to arrive in my hands within weeks! Thanks for the inspiration, Andrew!
Congratulations.
How did you get it? If I may
Isn't housing ownership crazy expensive in Ireland?
@@mariasophia383 work or inheritage.
About 6 weeks ago I found my dad's Irish birth certificate and re-applying for Irish citizenship is on my written to do list. This video has really motivated me to get on with it.
My wife is Italian - so subject to passing an Italian language exam I could remain a British citizen and become , an Irish citizen and an Italian citizen.
I think Ill stop with those three. 😀
My Top are Switzerland, Singapore, UAE, Qatar and Japan.
What about Malta passport?
Oddly enough, Serbia is appealing.
Visa-free travel to China and Russia - not that either is particularly appealing right now - but would give me flexibility that I don't have on my current passport.
Armenia is similarly good
China is important for business reasons, you might as well try a Malaysian passport, that opens up a lot of East Asia.
I believe they dont allow dual citizenship though
@@lawtutoring Can get drafted if they go to war under the age of 55 though
@@mattball7074 They allow dual citizenship
With regard to travel and country access without visas, Spain, Italy, Finland, and France are identical to Germany, why weren’t these mentioned?
Probably because of some of the weak leftist govts in Europe.
Spain, Italy & France high tax high bureaucracy
@@johnbull4138not that Germany is much better in that regard
LOL, Finland has the highest taxes in Europe and the second highest taxes in the world.
I expected Monaco to be on the list. Great for travel, tax-free, easy access to France (though not necessary to the rest of the EU), and the brand name is there.
Yes he does not mention the tiny states. Andorra, San Marino, Liechtenstein.
@@PORSCHE_COUNTRY. interesting, can you share any sources?
Yeah Monaco would be my number one. Spent almost 20 years there and there is no path to naturalization but rather by royal decree which is extremely rare. But it also comes with lesser known perks, like cheaper real estate options for citizens than for foreign residents. And it went through two world wars unharmed regardless of being in the middle of Europe.
You are the OG passport bro. You need to do a video on this.
😂
Given the current world situation and the length of time to get a citizenship sounds like a residency is a better way to diversify. It would be interesting to see top 10 passports for economic and personal freedoms not just visa free travel or family background.
I only can have a Singapore passport.
Why Portugal is out of the list ?
I could have one, it would definitely be Ireland. My dad became a citizen through the Foreign Births Registry, but after I was born so I do not qualify. However, I have family and friends over there so moving there and naturalizing would not be that hard, plus I've done over 15+ trips there so its familiar. Having EU rights + right to live in the UK is a good thing to have. Plus, I just love Ireland as a whole.
It is very hard to get a second citizenship,for exam. In Lithuania the only way to have their citizenship and not be forced to give up your original is if you got parents or great parents who were Lithuanian citizen and you have to provide documents from the Lithuanian historical Archives :old identification card,military service cards,born cards, Lithuania was a free state between 1918 and 1940,and many documents are lost,so just if you are enough lucky to find this certificates you can apply with succsses,also if your ancesors left Lithuania before 1918 (when it became state)or after 1990, his children can nt apply for citizenship,find the needed documents is very complicated job,it can take month ,therefore the applicant must hire a Lithuanian lawyer who specialize in this field.
We do have worldwide taxation in Canada. I was away for almost two years and had to pay taxes on my business income. It's because I kept my residency. If you're willing to let go of your residency (healthcare etc.) then great. If not, you still have to pay taxes. The problem is that if you go that route and eventually come back to Canada, you'll be 6 months without healthcare. So anything that happens to you, you'll have to pay out of pocket and that's not a risk I was willing to take.
Good Plan!!
I'm gonna' do this!
Thank you Andrew!
Straight forward and to the point what about Singapore or Japan?
Hi Andrew, I appreciate the valuable information. I believe I have ancestors from Ireland i.e. grandfather (Burke) from my mother's side, he has passed. I will contact you directly to enquire more about an ancestor pass port i.e. Ireland, we also have Iberian blood (Spain) but no known relatives. I understand that Croatia is a beautiful place to visit. Do you think that Croatia would be a good place to live i.e. tax-wise, other. I believe some of the locals, especially in the more populated cities speak English. Could you kindly do a video on living in Croatia and Spain i.e. pros and cons. Thank you so much, love your videos!
I have Filipino citizenship and American citizenship. I am trying to take advantage of Spain's 2 year naturalization program for former colonies. That freedom to live in the EU would be great.
Surprised you missed Monaco. One of the hardest to get, usually takes 10 years of 180/360 residence, but no income tax, no capital gains tax, no wealth tax.
Great perks but I can't imagine living 5 years of my life in a country the size of a shoebox. But then again how do they even check if you actually live there.
Monaco is only for über wealthy and even that with Prince's approval.
What about Singapore?
Andrew, would you please include metrics, info, and analysis on children's education in your overviews of passports/countries to move to? Many of us have kids and their education is an important consideration. By children's education, I mean quality public or private schooling opportunities, but something reasonable. Not all want to do home schooling and many of us still would like to rely on the public system at least to a certain degree. Thus, please include children's education as a variable to discuss in your videos. Thank you.
Thanks so much Andrew, great video.
Glad you enjoyed it
3:26 Can anyone confirm Serbians have visa free access to Saudi Arabia? No luck finding any info on this online.
Every country’s passport has a Wikipedia page called “Visa requirements for X citizens”. These are generally very accurate and easy to follow.
I couldn't find anything on that either.
No, that's not true. Serbians need a visa to go to Saudi Arabia.
I kind of was waiting for you to say Finland or Sweden or even Denmark. People from those country's do carry a status of being very much so around the world a stable country's.
If I could have only one passport... well either Singapore or Switzerland... with tendency towards the latter:
Both offer:
- great travel options
- great tax schemes / policies (yes not tax free but fair!)
- world-class education
- are clean and safe
- strong economy and banking system
- privacy laws
- plus in the case of Switzerland:: free speech and lgbtq/kink friendly while also allowing dual citizenship
- also Switzerland is larger and gives you more outdoor options (mountains, lakes, etc.) in general and they had less lock-downs during the pandemic
Are you sure?
My nephew residence in Switzerland with his Switzerland local wife.
Everything is very expensive and lots of invisible tax and visible taxes society.
Switzerland has lower inflation than its neighbors
lgbt/kink friendly are literally why most of us are trying to get out of degenerate eu and north america you weirdo
Ireland would be my choice , member of EU for access , close to the UK for family visits , let’s not forget the beer very important community spirit in the local pubs !!
You have to keep in mind that a passport that allows you to go somewhere that you have no interest in going there doesn't have any benefit to you. I have a passport in Panama where I live and it allows me to go where I wish to go. Of course I have my American passport which I only need if I go back to the US. The point is that different people have different needs as far as travel is concerned. If your passport serves your needs then you are fine.
For me it's Greece having spent my elementary and high school years there (8 years) at an international school. I know the language enough to get around, familiar with the culture, love the people . . . and have enough money to buy my way in. Anyone who has been there will know what I'm talking about. Culture, beauty, friendliness of the people. The only drawback is learning the language. As a foreigner you stand out and Greeks always want to try out their English on you. Not a bad thing- quite convenient actually. It just takes a while to get conversant in the Greek language.
I was born and raised in England, naturalised in Australia, acquired Swiss citizenship through marriage and am now applying for Irish citizenship by descent as my grandfather was born in Galway and I've Galway blood on both sides (35% Irish, 10% Scottish, 55% English.) But I'm going to check out Thailand, St Kitts, Dubai, Panama and Ecuador as well, with a view to buying a property in case I have to get out of Europe one day. I'm bitterly disappointed that Australia has turned out the way it has. We went through burning hoops as business migrants and lost a heap of money in the process of relocating there - and now my son's in med school in Oz and won't leave. 😢Thank you ever so much for the invaluable country insights you provide - it's much appreciated as it would have taken me hours to research all this as a starting point by myself! 😄
Why Ecuador?
@@siquike90 Good expat communities, politically pretty free, no CBDC (cash used a lot), farm land and housing still relatively cheap, friendly people, some stunning scenery, not too expensive or complex visa process, very good healthcare, cheaper living than the west, and I happen to like Christian/Catholic/Orthodox countries as I'm a person of faith that loves architecture generally and specifically old churches! I also like old fashioned trains and mountain railways and some of the routes there are irresistibly terrifying. My friend's daughter got engaged to the son of the then Japanese ambassador to Ecuador and they spoke highly of it.
I live in Cuenca, Ecuador and it's fantastic! Great expat community to help people integrate, excellent fruits, veggies, and restaurants. And no, there are not gangsters running around everywhere like in the US
@@suetrublu Thank you so much for that lovely and very helpful reply. 🙏
you and your company are fantastic with research, knowledge and presentation. what does your membership cost a year?
You can contact our team at help@nomadcapitalist.com for specifics on your case. Initial fees are generally $25,000.
2:05 "Who hates the Belgians?"
The Congolese?
Excellent breakdown and reasoning of all these passports and countries! For someone looking for ease of communication, lifestyle, sense of community, fun people to integrate with, history, travel access and a more or less neutral global standing, I would also choose Ireland.
Thank you for the very detailed explanations
Glad you enjoyed it!
I would choose Switzerland wholeheartedly.
Why not Maltese passport. U can be Italian French and British in Malta
I have an Irish passport because both parents are Irish and I’ve travelled on it for 25 years now . Only issue with Ireland is it is very expensive there . Energy , rent , food … all expensive . The people are great though , fantastic
For the last 15 years, my Croats have looked for work in Ireland and they like the Irish culture. Expensive life, but people are good.
Canada should not be on the list, you are definitely not treated well and it's not a business-friendly country. You will work your ass off and not make a difference, most of your money goes to paying taxes and it will not be reflected on the services that you receive. Housing is unaffordable, health system is collapsed, legal system is almost collapsed, education quality has gone down dramatically and much of it has turned into indoctrination, internet is the most expensive in the world, food is expensive and the weather sucks. Personal freedom is very limited and getting worse.
Canada used to be a great country, but this has completely changed in the last 10 years, into very bad for the last 3 years.
I am Japanese and have been living in the US for the past 22 years. My green card is about to expire in November so I am debating to either renew the green card or get a US citizenship. I really do not see myself living in Japan but I am not too sure to give up my Japanese passport....
Just renew. It's always best to keep your Japanese passport.
Keep your Japanese citizenship. America is going downhill. Japan seems like a lot more sensible country despite their (mostly demographic )issues.
You have been living in us for 22 years. You're pretty much American but as long as keeping Japanese passport is not harming you then keep it. But if you have to choose between one then you have answered that question yourself.
keep your Japanese passport!!!
Tax burden is very high in Japan it things are going South in the States. If you naturalise in the US, you automatically lose your Japanese citizenship.
AFAIK, unless something has just changed, citizenship by descent isn't possible in Norway...
I would replace Canada with Australia given the crime, weather, and poor quality of life in Canada. Australia has its own problems but Canada is far worse.
Australia is fast going the same tyrannical government way like Canada.
Canada is only good for people already have everything( wealthy).
Believe it or not used to be for people who have nothing too (poor).
But it's getting worse for beginners these days.
As for your100% privately owned new businesses?
Good luck to that.
@@loktom4068 Australia also has mad tax implications
Thanks again for the update
Is Ireland considered a low-tax European country? A friend of mine who lives in Dublin says he pays 40% income tax, so I'm curious how that's considered a low tax country.
For foreigners.
@nomadcapitalist ok but I thought we were talking about getting their passport. Once you have an Irish passport and reside in Ireland you pay tax on foreign income, yes?
This media is not very accurate on the land of opportunities for starters.But for the well heeled already successful investors.
Where did you get that from that Serbia has visa free access to Saudi Arabia? I was just looking this up and I can only find that a visa is required.
According to me Serbian/ Argentina are good options as u get access to both East and West bloc.
UAE, Switzerland or Luxembourg
How to get those passports? Do you need i vest in real estate or need live there 5+ years snd work there ro be able to apply for passport?
Great video👍🏻Just this year I move to Ireland for 8 months from Slovakia. It’s gotta be fun😁🚀Now opening a holding company there.
$260,000 just in two weeks MrsJane Thompson phillips you are so amazing🤗😊..
She is absolutely the best in the game right now
So how can you have those passports? you either need to live for 5-10 years in that country or pay a lot of money to get it
Did you renounce your citizenship? How do you no longer have a U.S. passport?
You go to the nearest US embassy, fill in a form and pay a very large fee. After a few months you are free!
What about just having Permanent Resident Visa? Doesn't it serve the purpose? Most PR cannot vote or free education, but the rest entitlements are the same as citizenship.
What about north macedonia? I know the passport thing is kinda sketchy and possible canceled.. but what about north macedonia recidency by starting a company there? Is that a real thing?
What about Malaysia passport?
My Polish passport it’s my passport I was born with and I can’t lose it and it’s an eu passport so that has some benefits
Have you/could you do a video about the ease/cost of leaving US to other countries for blue collar workers? My husband does auto body repair and I do retail.
What about passports from any nation in Asia 🌏?
I’m the 3rd gen Scottish.
Does it fall under UK for a passport?
Yes.
@@williammarkey6020 no, British Citizenship by descent passed down 1 generation only.
What about Australia, Sweden or New Zealand ?
As a Serbian-Australian, this makes me smile. I'm considering Belize as my 3rd passport. Seems like a very-business friendly place.
Why UK is not on the list? Would love to know pros and cons about it
Whahaha😂
Originally from another European country, I have lived in truly beautiful Switzerland (think snow-capped alps, rolling green plains, as well as forests and lakes) for most of my life, and acquired the Swiss passport a few decades ago. Indeed, it's an expensive country, and you need a certain level of income to live here reasonably well. Unlike some European countries, even those in less skilled jobs are paid a living wage and contribute to an efficient pension system. Switzerland is a politically stable country where everything works reliably, where you find leading international corporations and banks, where you can walk most city streets safely at night, and where you can expect excellent health services - albeit that the latter implies obligatory costly health insurance. The climate is quite good too on the whole. In a S.H.T.F situation, there are bomb shelters for most of the population living here.
Unlike America, where you might end up homeless if you're down and out (%ç&/* happens, right?), the social systems in Switzerland will ensure that you still have a roof over your head, enough food to eat, and essential health care. If your pension after retirement is insufficient to make ends meet, you can obtain additional financial assistance from the canton in which you are resident (certain conditions apply) to ensure that you don't have to go collecting deposit bottles like numerous retirees in Germany have to do these days just to survive. There is a strong middle class in Switzerland.
If you're very wealthy, the Swiss are open to special income tax arrangements (compare the cantons), and you can enjoy your expensive toys without the fear of being carjacked or something similar. It's the land of premium chocolate and Rolex after all. If you're Joe Corporate and want the lowest taxes possible, you're best going to canton Zug. If it makes you feel safer, you can easily obtain firearm acquisition certificates to buy guns kept at home (hardly any gun crime here). Remember, Switzerland is still a major banking center of the world (lots of old money here) which goes hand in hand with the constitutionally enshrined neutrality - even that failed artist from Austria ultimately left the county in peace.
The Swiss very much like their rules and regulations, but that is why everything works like clockwork here - think precision and punctuality, like a harmoniously ticking Rolex or Patek Philippe watch. Acquiring Swiss nationality after ten years of residence is a bit tedious (lots of paperwork, approval by the local village "natives") and sometimes expensive (depending on the canton), and men under age 30 have to do military service (militia-type army). Once you have it, you know it's worth the effort. The Swiss Germans can be quite rigid at times, whereas the French and Italian speaking parts are more easy going.
When you see the abysmal state of some countries around the world, including various Western ones these days, you realize how good everyday life is in Switzerland: this country is somehow largely protected from much of the political and economic mayhem in other countries. The pandemic was a real eye opener in terms of individual freedoms: whilst the French had to show the police an authorization to be walking around outside to get some fresh air, here in Switzerland, we were able to go for walks or go biking in the countryside unhindered, as long as we kept a safe distance from others. Individual freedom is one of the founding principles of the so-called Rütli Oath of 1291 (the "Rütlischwur") to stand against the oppression experienced in most of Europe at the time.
Give me a Swiss passport any day. It's highly respected around the world.
If I get a visa to swizzlend can I travel europe ?
yes
Andrew I have an outstanding application for Irish citizenship by descent that has literally been waiting three years without being looked at. I have had an Irish law firm the whole time supporting me but they don't seem to be able to do anything to move it forward. I'm not sure if your company can help?
You should definitely reach out to our team here: nomadcapitalist.com/apply/
You cannot claim citizenship by descent in Ireland any further back than your grandparents, these so called “law firms” are asking for discretionary naturalisation, which is very rarely granted and probably unlikely for someone who dosent have any residence history.
You would need to live in Ireland for 5 years to get citizenship.
So essentially you can forget it as they won’t give you it with no history of residency in the country.
thanks! very informative👍🏼
Thanks! 😊
I’m surprised Montenegro did not make the list?
I choose....................Monaco, as long as I can get the bank account to go with it :) LOL
What about Mexico?
How is Ireland a low tax country? I'm taxed 40% of my income, and before that, 20%. Is that low?
Brunei was missing.
How about Singapore or Portugal?
Swiss?
Germany, in reducing the requirement for naturalisation to 5 years, have also lifted the dual citizenship restrictions. Just a data point for you.
In general, Germany has a lot of job vacancies so that they must make palatable for foreigners to come and work here, so this will certainly be the direction for the future.
Also, anyone even remotely thinking that the EU is going to “cease to exist” anytime soon is deranged.
I have German and UK so feel very lucky.
You should add 11 - Bulgaria - EU member state.
Serbia and Portugal are mine passports, how do I do? Greatings!!!!!!
No capital gains tax in Belgium
I'm sorry but UAE citizenship is nearly impossible to obtain.
I have an Irish passport that also says "EU" on it. Am I able to live and work in England with this?
Yes
Used to, probably not anymore since Brexit
@@My_Old_YT_Account Brexit affects travel from the UK to mainland Europe EU, not Ireland. Ireland at one time was part of the United Kingdom, but even after independence Ireland maintained very close relations with the UK. Citizens of both countries can freely travel and work in the other one. At one time you didn't even need a passport to go from one to the other.
I think the best ones are: Ireland (because of the Common Travel Area with the UK), Germany and Italy (tied), and South Korea
Switzerland 🇨🇭 hands down.
Maybe Liechtenstein 🇱🇮 .
How many generations can you go back for Ireland? Lucky me
Usually two. Feel free to email help@nomadcapitalist.com if you want any assistance.
love your videos
I’m Canadian, my wife is American I sponsored her to get a Canadian permanent residency soon she will be citizen. We don’t have to worry about worldwide taxes
Trudeau is working on world wide taxes
Welcome to Canada.
Please report your annual income before spending your money and be tax again if not several times.
@@ib9511 you're fake news. Theres no such plans
@@VS257 they censor your wording the Fxx news
you didnt mention right of return for ancestors of jewish or exiled german refugees, also no restrictions on dual citizenship, I just got mine and my grandad was from the disputed czech/ german sudetanland
You can buy a passport from a few Caribbean island nations to travel visa free to all of Europe more
Most of these countries are so hard to get their citizenship, Lithuania can take 10 years plus language fluancy, same goes for other baltics, Swiss is pretty hard, UAE! Yes it's the best but hey that is nearly impossible just like Saudi Arabia one. These are like a (wish list) maybe
If possible, could you do a Top 10 of best Latin American country's to live in. Thanks
in south america the top 3 are Chile, Uruguay and Argentina
If you go to Germany for 5 years and then get the citizenship, you´ll have some good friends at the tax office for 10 years after leaving.
What do you mean?
@@katyakateryna5672 exactly what i wrote. Meaning that if you have your residence and therefore tax residence in DE for 5 years, you´ll be obligated to pay taxes on german-based income for 10 years if you decide to leave, taxed in correlation to your worldwide income. Max rate is 45%. Also they will annoy the shit out of you and if you dont comply, not a good idea to touch German ground for many years.
Can I get my Belgian citizenship through decent? Google is too confusing to figure out.
That would be a good question for our team, feel free to email help@nomadcapitalist.com
Surprisingly you are all over the place on this topic. You have recommended several higher tax countries. I am from Luxembourg, and while I love what my country offers, I don't think it is for you.
My wife could get a third passport just by virtue of who she was born to. I could get a 2nd the same way. Why wait? I need more assets. Travel isn’t cheap.