How to Leave the USA in Five Steps

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  • เผยแพร่เมื่อ 4 ส.ค. 2024
  • nomadcapitalist.com/2021/05/0...
    How to move out of the United States? Watch as Andrew shares the five easy steps to consider when you prepare to leave America and move overseas.
    00:00 Start
    1:27 STEP 1: Finances
    - Moving money overseas.
    - Opening Georgian, Armenian, and Ecuadorian bank accounts
    - Do you need to get rid of American bank accounts or no?
    - What to do with your American credit cards and opening brokerage accounts?
    3:30 STEP 2: Assets
    - Should you sell a rental property, or is it better to turn your residence into a tax-free rental?
    - In which countries there are no property taxes.
    - Moving non-reportable assets such as precious metals (gold and silver) into vaults in Singapore, Switzerland, or Liechtenstein.
    - What to do with Retirement Accounts (IRA)
    8:22 STEP 3: Business
    What should owners of location-independent businesses and businesses in the US do?
    10:20 STEP 4: Residence Permit
    - Should you move to the EU or Cyprus and Montenegro?
    - What are the benefits of a European Residence Permit?
    - Portugal Golden visa, Panama Real Estate Investor Program
    14:03 STEP 5: Second Citizenship
    - Why do Americans need second citizenship
    - Choosing between Malta CBI and Caribbean CBIs, Golden Visas, Paper Residences, and Naturalization process.
    - And how to get out of the US tax system.
    Andrew Henderson and the Nomad Capitalist team are the world's most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best".
    Work with Andrew: nomadcapitalist.com/apply/
    Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle.
    Our growing team of researchers, strategies, and implementers add to our ever-growing knowledge base of the best options available. In addition, we've spent years studying the behavior of hundreds of clients in order to help people get the results they want faster and with less effort.
    About Andrew: nomadcapitalist.com/about/
    Our Website: www.nomadcapitalist.com
    Subscribe: th-cam.com/users/subscription_...
    Buy Andrew's Book: amzn.to/2QKQqR0
    DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.

ความคิดเห็น • 353

  • @mikev8577
    @mikev8577 3 ปีที่แล้ว +270

    Never thought the day would come that I wanted to leave America, but here I am. We are a country in irreversible decline. It is truly so sad what happened to this once-amazing nation.

    • @thinkforyourself9334
      @thinkforyourself9334 3 ปีที่แล้ว +21

      America is still the same as it has always been...Now it's just more whiny people crying about politics.

    • @PedroSanchez-zv1lr
      @PedroSanchez-zv1lr 3 ปีที่แล้ว +6

      @@thinkforyourself9334 In the past, clever people as Andrew didn´t leave USA and much less they refused their American nationality

    • @thinkforyourself9334
      @thinkforyourself9334 3 ปีที่แล้ว +23

      @@PedroSanchez-zv1lr He is rich and more importantly an outlier...99.9% of Americans aren't going anywhere out of America except to Mexico on vacation..Americans complain a lot but never make any moves.

    • @mikev8577
      @mikev8577 3 ปีที่แล้ว +50

      @@thinkforyourself9334 America is absolutely not the same as it has always been. It's drastically different than it was even just 30 years ago. I used to volunteer in a retirement home and I loved speaking with the old folks. One universal thing that they would all say is: "I don't recognize my country anymore".

    • @mikev8577
      @mikev8577 3 ปีที่แล้ว +27

      @What Nowz Same here buddy. We've been orbiting the drain for quite a while, but I (naively) hoped it would around. I've now accepted that it's irreversible at this point. The best thing to do is to leave.

  • @mgtowp.l.7756
    @mgtowp.l.7756 3 ปีที่แล้ว +75

    I Left The States When I Was 18 Years Of Age In 1973.. It Was The Wisest Move I Ever Made In My Life.

    • @josebrown8060
      @josebrown8060 3 ปีที่แล้ว +3

      and America thanks you..

    • @Bxconnect
      @Bxconnect 3 ปีที่แล้ว +8

      @@josebrown8060 no it doesn’t. America would love for him to be a miserable, worker bee, patriotic, taxpayer that will never have much or think enough of the world to see what’s out there like the majority of humans do. In other words, just like you.

    • @granden2077
      @granden2077 2 ปีที่แล้ว

      @@Bxconnect steps off soapbox....

    • @justinratcliffe947
      @justinratcliffe947 2 ปีที่แล้ว

      @@josebrown8060 shut up

    • @airgin3000
      @airgin3000 10 หลายเดือนก่อน

      You left at 18???? How did you have that foresight?

  • @AkbarAli-sq5sg
    @AkbarAli-sq5sg 2 ปีที่แล้ว +67

    Can you please make a video on average US citizens that want to move out of the US? I think that will help a lot of us out that are not high income earners but want to leave and start a better more free life.

    • @migooknamja
      @migooknamja 2 ปีที่แล้ว +3

      The biggest hurdle is getting hired by a foreign company and getting the necessary work permit. You cant live on your savings forever.

    • @katherinejones850
      @katherinejones850 2 ปีที่แล้ว +1

      Average and retired poor ! I have sos sec & value of my modest house when I sell it!

    • @hjackson.92
      @hjackson.92 2 ปีที่แล้ว +1

      @@migooknamja Becoming a digital nomad is getting easier, plus some people already have location-independent jobs. It's a good way to start while transitioning to having your own business (especially in light of an increasingly difficult American economy).

  • @mrbushlied7742
    @mrbushlied7742 3 ปีที่แล้ว +64

    I emigrated from the USA to the UK back in ’98 and became a naturalised UK citizen in 2004. I only visit the USA every few years now. Each time I do, I see more businesses and houses boarded up and Americans looking shabbier and, of course, fatter. Americans like to think that they live in the best country in the world when in fact they live in one of the worst countries in the world: lousy healthcare system, low pay, virtually no employee benefits, etc.. America, love it or leave it! I left it!

    • @joeblow9126
      @joeblow9126 3 ปีที่แล้ว

      😆

    • @HeritageCast
      @HeritageCast 2 ปีที่แล้ว

      Its almost like America is an Occupied Country. I wonder who took power after the Russian Revolution?

  • @scottdorsey8220
    @scottdorsey8220 3 ปีที่แล้ว +39

    US water (loaded with PFAS chemicsls), air (heavily polluted, sprayed with nano chemicals), food (GMO, pesticide laden), communications systems (emf overload), crime (most dangerous in the world) and generally sloppy looking and thinking people (awful, ineffectual politics) are more than enough reasons to look for better options around the world.

  • @travelwithtony5767
    @travelwithtony5767 2 ปีที่แล้ว +27

    I can reduce the steps down to just one.
    Buy a ticket and leave.
    Definitely don’t renounce your citizenship if you are going to leave, the passport is one of the best in the world, plus you always have an American Embassy to help while you are living overseas.

    • @KfarShakshuka
      @KfarShakshuka ปีที่แล้ว +19

      It’s not that simple. If you ever come back to the US, they are going to ask you why you were gone for so long and how you can afford to sustain yourself and will ask you for your tax records. If they find out that you have been living abroad without filing taxes, they’ll throw you in jail. That’s why people are renouncing. If there was no tax issue while living abroad as a U.S. citizen, there would be no reason to renounce at all

    • @mschlund1
      @mschlund1 ปีที่แล้ว

      But how do you stay there, get dr.lic. etc.

    • @mlgneo2855
      @mlgneo2855 4 หลายเดือนก่อน

      @@mschlund1 this is my question as well and there are no answers. I don't get it. how do people maintain permanent legal addresses when they leave?!

  • @gabrielanak6000
    @gabrielanak6000 3 ปีที่แล้ว +7

    What a clear presentation! One of the most useful for me. Thank you Andrew

  • @ragnarrklangsrok1685
    @ragnarrklangsrok1685 3 ปีที่แล้ว +29

    I'm a Canadian and a huge fan, if it weren't for you I'd never have known about the affordable investment opportunities in Georgia. Thanks man!

    • @gabrielanak6000
      @gabrielanak6000 3 ปีที่แล้ว +5

      Canada (super LEFT) is doomed, like USA

    • @ragnarrklangsrok1685
      @ragnarrklangsrok1685 3 ปีที่แล้ว +1

      @@AndyKos I understand in non-pandemic times, they have a reasonable amount of tourism in Batumi from Turkey and Russia.
      Hotels seem like something to get in on while interest in tourism is low. Montenegro was also on my list for the same reason, tourist destination where I can get into the market affordably.

  • @nathanielcarreon5634
    @nathanielcarreon5634 11 หลายเดือนก่อน +2

    Me and wife are keeping a second passport valid and can leave anytime but immediate family is here and just cant just leave long term bec. of them. There are more things in life than money.

  • @abdullahhakan1
    @abdullahhakan1 3 ปีที่แล้ว +14

    If you are more than 2 years unemployed in the USA as USA citizen, you must leave that country immediately and find New frontiers to get decent wages and Perks. Immigrate to Mexico, Brasil, Argentina, Costa Rica, Luxembourg, Lichtenstein, Switzerland, Greece, Albania, Italian villages and never ımmigrate to African countries if you are black, mexican American, cuban American. Never return back to USA again, never. It is very easy to transport yourself and your family in Schengen EU countries with fast trains, intercity buses which are very efficient and joyfull, cheerful to travel with them.

    • @kween3546
      @kween3546 ปีที่แล้ว +3

      never immigrate to African countries if you are black?? Wat are you saying? Im a French & American citizen, Im building my house in West Africa as we speak. If you have money & youre black, its the best move to have a home in the motherland. Western world countries will never fully embrace us

    • @5144nf
      @5144nf ปีที่แล้ว +1

      for anyone thinking of coming to brazil, first advice: don't come, it's not worth it. if you still want to take the risk, second advice: south region, any km above you can be shot.

  • @shinekire
    @shinekire 2 ปีที่แล้ว +3

    Never thought it would come to this.

  • @expatinbrazil
    @expatinbrazil 2 ปีที่แล้ว +1

    Awesome advice! Thanks!

  • @Daryl524
    @Daryl524 2 ปีที่แล้ว

    Great video. Really good info. Now I’m confused all over again.

  • @strizhenkoyuliya
    @strizhenkoyuliya 3 ปีที่แล้ว +3

    Great content, awesome jacket 👌

  • @utube7917
    @utube7917 3 ปีที่แล้ว +29

    I'm literally in the process of opening a foreign bank account today and applying for permanent residency in Panama as we speak. I will officially have my application in with immigration before the deadline on August 7th. Excited, but will be even more relieved when it's complete.

    • @wilsmith6551
      @wilsmith6551 3 ปีที่แล้ว +2

      Great!!! Please keep us informed. Maybe start a blog???

    • @jrgazoo4903
      @jrgazoo4903 3 ปีที่แล้ว +4

      Us too! Headed there in October for a relocation tour!

    • @jthemagicrobot3960
      @jthemagicrobot3960 3 ปีที่แล้ว

      that's awesome- how much did it cost you

    • @utube7917
      @utube7917 3 ปีที่แล้ว +5

      @@jthemagicrobot3960 the information on Nomad Capitalist is accurate. Keep in mind, each law firm will have slightly different fee structures, but when you total it all up, comes out around the same as mentioned by Andrew's blog and videos. Andrew had a great and very detailed guide on this posted on his site. To answer more directly to your question, you need $5,000 in a bank account in Panama for the letter to prove solvency. You can take that 5k back out later. For the total fees incurred, it cost about 5,000 as sunk costs. Roughly 1200 to open the corporation, 750 for bank introduction, 1700 for legal fees, 1400 for residency application. The bank also made us pay for the first year of associated fees for the accounts, but its a few hundred or so, nothing substantial. Of course, you need to pay for your airfare, hotel expenses like food for your trip, transportation, etc, but the residency itself is basically 10k working capital for the process, but 5k as sunk cost and 5k you get back. Personally, I want a foreign bank account anyway, so i will leave the 5k deposited and add more later.

    • @utube7917
      @utube7917 3 ปีที่แล้ว +2

      @@tuforu4 perhaps, but I dont know about that. Regardless, I need a bank that will do the due diligence prior to my arrival and open the account upon arrival day 1. Most banks are currently making you wait a week to 2 weeks for approval. Lastly, I would not ever use hsbc, but that's another story.

  • @domingodeanda233
    @domingodeanda233 3 ปีที่แล้ว

    Thanks for all the data

  • @richardweaver472
    @richardweaver472 3 ปีที่แล้ว +5

    This video does not address the problem of receiving social security checks.
    For ten years we have been receiving them in a U.S., bank, suddenly in July 2021, we got a letter from our bank that they will be closing our account, in 60 days, because we do not have proof U.S. residency, or any other U.S. address. It is our only income and we have no family left in the U.S., to use their address. Social Security will send the checks to a foreign bank, but there are lots of hoops to jump through and many of the local banks here will not agree to sign the paper work that the social security department wants. This was all brought about because of the patriot act, according to the letter from Wells Fargo.

    • @mlgneo2855
      @mlgneo2855 4 หลายเดือนก่อน

      hello @richardweaver472 have you figured out an answer to this? I have been searching high and low, and have found no answers. please let me know if you found a solution for proof of us residency.

  • @j.t1682
    @j.t1682 3 ปีที่แล้ว +15

    Andrew always gives excellent advice.

  • @BlairCadetabc
    @BlairCadetabc 3 ปีที่แล้ว +25

    I'm in the US for the summer after living abroad for 2 years (needed to get my vaccination and take care of a few things), and I'm quite anxious to leave and finally get a residency permit/new citizenship.
    This video is great timing, I'm planning to immigrate and happy that I can take care of all my paperwork here (the country I'm heading to I can only do it from the US) so I'm excited!

    • @gabrielvincent6537
      @gabrielvincent6537 3 ปีที่แล้ว +13

      I’m sorry you would subject yourself to that pathogen of horrors. And worse make arrangements to receive it. Safe travels. Grace and Peace.

    • @demetriahorne1006
      @demetriahorne1006 3 ปีที่แล้ว +4

      You might as well stay now.

  • @NA-me6sh
    @NA-me6sh 3 ปีที่แล้ว +2

    Bookmarked for future reference.
    Hopefully, soon very soon...

  • @rodwilliams2782
    @rodwilliams2782 3 ปีที่แล้ว +13

    Very informative . I live in TULSA and my ears lurked up when you mentioned it. Where is your office located.

    • @azdbuk
      @azdbuk 3 ปีที่แล้ว +2

      Dubai is what he said in other vids.

  • @Marpa47
    @Marpa47 2 ปีที่แล้ว +3

    State Department Federal Credit Union allows residence anywhere in the world. It is a pretty full service bank. Usually only for US State Department staff, anyone can enroll if first becoming a member of American Consumer Council (ACC) for a small lifetime fee.

  • @Brokenfang77
    @Brokenfang77 3 ปีที่แล้ว +2

    good content

  • @basspig
    @basspig 2 ปีที่แล้ว +4

    I'm seeking residence in Japan. It's the only country try that I can identify with in culture and values.

  • @prepperjonpnw6482
    @prepperjonpnw6482 2 ปีที่แล้ว +3

    I was born in the U.K. to an American G.I. father and a British mother so I am a dual national. We moved to the USA when I was a boy so I grew up in America. America is not what it once was and it saddens me. In theory or on paper America has all sorts of freedoms and guaranteed rights. In reality you can’t do anything without permission from the government and in some states its almost a totalitarian dictatorship by the rich and political class. You can’t even teach your children how to fish without filling out forms and paying for a special license. I did notice that the western states are a bit better but that’s it. I still have family in England so I will start by moving back there but only for a short time. While there I will travel to several places I’m interested in and when I find the right place for me I will move there. I’m definitely not a lefty nor am I truly conservative, I’m more of a libertarian that leans conservative lol. I have typical Christian values, I love my family, I’m into the outdoors and enjoy just doing my thing lol. I’m not looking to move somewhere and change it, I want to move somewhere that doesn’t need changing lol

    • @sarahchan5604
      @sarahchan5604 8 หลายเดือนก่อน

      All the best for you, may God bless you and keep you,His face shines upon you and give you peace

  • @oreospeedwaggindoesamerica6078
    @oreospeedwaggindoesamerica6078 3 ปีที่แล้ว +8

    Great information!! You’re the man! I’m about to try Mexico while I keep an eye on Thailand.

    • @msdella4253
      @msdella4253 3 ปีที่แล้ว +4

      Join FB expat groups where you have an idea moving to. I joined many in Mexico …I was sad to discover that most ppl who are American expats there are very liberal :( BIG on getting vax’d

    • @oreospeedwaggindoesamerica6078
      @oreospeedwaggindoesamerica6078 3 ปีที่แล้ว +4

      @@msdella4253 oh I know I’ve joined many for Thailand, Mexico, Ecuador, Costa Rica, Portugal and I’ve seen the same thing. So it’s not about me being around other Americans at all. They should all move back to U.S. now that they have what they want.

    • @oreospeedwaggindoesamerica6078
      @oreospeedwaggindoesamerica6078 3 ปีที่แล้ว +3

      @@torontovoice1 I’ve already lived in both and not much more corrupt than US plus money takes care of everything. Worry about yourself not me I can handle myself.

  • @mlgneo2855
    @mlgneo2855 4 หลายเดือนก่อน

    how do you maintain a permanent legal address when you leave the united states? for arguments sake let's say you have no friends or family address to use. states don't recognize virtual mailboxes as legal addresses. How do you do it?

  • @christines4886
    @christines4886 3 ปีที่แล้ว +3

    How difficult is it to get a citizenship in KL?

  • @korujaa
    @korujaa 3 ปีที่แล้ว +10

    Just buy an one-way ticket.

  • @liarunaway
    @liarunaway 3 ปีที่แล้ว

    Well and I want to move there. The grass is always greener on the other side, right?

  • @imchaot1c920
    @imchaot1c920 ปีที่แล้ว +1

    Do you know of an EU country besides Croaita that offers long term residency for 1 year and allows for no taxes on your home country income?

  • @NatoriousGamePlay
    @NatoriousGamePlay 3 ปีที่แล้ว +12

    The problem is you're gonna run out of places to go eventually. Unfortunately politics and countries have pretty much just been a race to the bottom.
    I get leaving, but I also get why some people stay. To stay and fight the bad changes. To try and push the country and it's people into the right direction.
    This might just be "good times create weak men" phase transitioning into "weak men create hard times" part of history, but, it can be weathered and we can make it out of it

  • @tgmiller6016
    @tgmiller6016 3 ปีที่แล้ว +4

    Andrew What about Uruguay- it sounds like great migration to and simple residency and citizenship?

    • @joeblow9126
      @joeblow9126 3 ปีที่แล้ว +1

      Sales tax and prices are too high in my opinion
      And salaries are low which causes strife and social problems

  • @jasminel3430
    @jasminel3430 3 ปีที่แล้ว +28

    We need a list of the most free and democratic countries to move to ASAP!

    • @austinbyrd4164
      @austinbyrd4164 3 ปีที่แล้ว +2

      If singapore wasn't so draconian in it's speech laws, then I'd go there.

    • @thegardencity92
      @thegardencity92 3 ปีที่แล้ว +14

      Ironically, Russia and Belarus :D or basically any country not aligned with the US would be a lot better. I think they are both about 13% income taxes. Also, you'll need to learn Russian.. Russian citizenship is a lot easier to get, 3 years, or 1 year if you're an English teacher. The accept dual citizenship. Belarussian is 7 years and you must revoke other citizenships

    • @QueenBees456
      @QueenBees456 3 ปีที่แล้ว +3

      The politics of most countries are crazy especially due to current events and issues….please.

    • @thegardencity92
      @thegardencity92 3 ปีที่แล้ว +2

      @Matt Karacic This isn't correct. This only applies to Russian income for non residents (see below):
      Income tax rates in Russia
      As of January 2021, tax residents pay a 13% tax rate on an annual income of up to 5 million p. Income above this limit is subject to 15% taxes. Meanwhile, Russian-sourced income is taxed at 30% for non-residents. It is not possible to file joint returns when paying taxes in Russia.
      Tax rates for Russian residents
      Those who hold official residency in Russia pay 13% or 15% in income tax on their salary, dividend income, rental income from property, foreign exchange gains, and gains from exercising stock options. From January 2021, both residents and non-residents pay 13% income tax on interest accrued on deposits exceeding 1 million p., multiplied by the Bank of Russia key rate. For example, in 2021, the amount of non-taxable interest is 42,500 p.
      The 13-15% rate applies to all residents, as well as foreign streams of income

    • @QueenBees456
      @QueenBees456 3 ปีที่แล้ว

      @@torontovoice1 exactly and most of the countries abroad infrastructure cannot take and influx of another catastrophe so why move abroad?

  • @gregoryallen6000
    @gregoryallen6000 3 ปีที่แล้ว +6

    I’m interested in Singapore…

  • @bradjones8970
    @bradjones8970 3 ปีที่แล้ว

    The Boom is Back!

  • @ceeIoc
    @ceeIoc 5 หลายเดือนก่อน

    How exactly do other countries tax you if you’re just living there but withdrawing from your Us bank accounts?

  • @justinratcliffe947
    @justinratcliffe947 2 ปีที่แล้ว

    I got my eye on The Caribbean

  • @craigt2003
    @craigt2003 ปีที่แล้ว +1

    The credit card issue is a big factor for me "also loans, Lines of credit, ETC" since i use debt to make money...America is still the best when it comes to that stuff...That's why me personally i wouldn't be able to completely cut my ties...also i have assets that i use as collateral for loans (not sure other countries do that stuff besides maybe Canada and Singapore) That's literally the only thing that holds me back. (I guarantee i'm not the only one)

  • @gabrielrubin3290
    @gabrielrubin3290 3 ปีที่แล้ว +9

    If you cut ties with the US, do you also walk away from earned social security payments

    • @yfa6244
      @yfa6244 3 ปีที่แล้ว +1

      Theres plans in th works to tax that and your Medicare ... it will be worth little granted its a total steal!

    • @andrewh8504
      @andrewh8504 3 ปีที่แล้ว +6

      Depends on the country you become a citizen of. The SSA has information on this. Most countries will not be affected but, for instance, if you use Georgia as your citizenship, they will hold your payments.

    • @jamesleonard4713
      @jamesleonard4713 3 ปีที่แล้ว +2

      You don't have to be a us citizen to pay into or collect social security.

    • @pav688
      @pav688 3 ปีที่แล้ว +6

      Yes, America is like a vindictive Ex in a divorce. They take everything you earned. Even disability payments for wounded veterans. Now that's petty!

    • @pav688
      @pav688 3 ปีที่แล้ว +1

      @@jamesleonard4713 yes but if you RENOUNCE your US citizenship, they take it away.

  • @tttman4385
    @tttman4385 2 ปีที่แล้ว

    Can I live in South America and use rental apartments in America to stabilize my lifestyle in South America

  • @tinaturner9597
    @tinaturner9597 3 ปีที่แล้ว +6

    Can I walk through the airport with a lot of cash? How do I get my money to another country without wiring it?

    • @waheedali2429
      @waheedali2429 3 ปีที่แล้ว +2

      Good question

    • @fahadsheikh9035
      @fahadsheikh9035 3 ปีที่แล้ว +2

      I guess crypto is a good option. Gold can work too, but when you bring that over into a country the gold might get taxed a lot.

    • @bimbom8630
      @bimbom8630 3 ปีที่แล้ว +4

      There is usually a $10k limit that you can have on yourself

    • @anthonypugliese1
      @anthonypugliese1 3 ปีที่แล้ว +3

      @@bimbom8630 There is no limit but legally you must report any amount over 10k

    • @nitetrekker
      @nitetrekker 3 ปีที่แล้ว +1

      I have heard a lot of people recommending a company called Wise (previously called TransferWise). Apparently their fees are a lot lower than traditional banks and they can set you up with a debit card. I don't have any personal experience with them yet, but will probably give them try using a small amount to see how it goes.

  • @rcdyer
    @rcdyer ปีที่แล้ว

    I'm leaving for only a couple years so I see it as an extended "vacation". Then will be back part time in both places

  • @mynamename5172
    @mynamename5172 3 ปีที่แล้ว +24

    I think the US has some serious social and structural issues, but in no way do I feel its passport is equivalent to Rwanda LOL. I get that it sounds good in a vid but come on. I have yet to travel as a St Lucian, but the US passport beats my other one (Argentina) by miles. My issue with the US isn't that it has a bad travel document, its the rest of the baggage.

    • @owenmccord5078
      @owenmccord5078 3 ปีที่แล้ว +7

      The pandemic made the US passport (temporarily) a lot weaker.

    • @MineshBaxiYT
      @MineshBaxiYT 3 ปีที่แล้ว +3

      nomad videos underlay disasters in other parts of the world. I was born in India. A Mexican attorney, who moved from USA, warned me about relying on Mexico banks. US is definitely on the wrong track so having options is better but thanks to harsher covid restrictions in other countries, it is still a better place to be.

    • @wilsmith6551
      @wilsmith6551 3 ปีที่แล้ว +1

      @@MineshBaxiYT That is temporarily the case. I believe in the 2nd citizenship.....

    • @user-tg6ug6nc2o
      @user-tg6ug6nc2o 3 ปีที่แล้ว +4

      It was equivalent to Rwanda in the *number* of places you could go. If you factor in the quality of said places, of course there’s no comparison, but his point still stands.

    • @JamesSmith-qv9qo
      @JamesSmith-qv9qo 3 ปีที่แล้ว

      Did you have any bad experiences traveling on your Argentina passport? It seems like a pretty good passport in terms of visa free travel. It only lacks access to the US, Canada, and Australia.

  • @wilsmith6551
    @wilsmith6551 3 ปีที่แล้ว +3

    I am at a loss. I thought cryptos were fungible? If I move can I just transfer?

    • @rivenoak
      @rivenoak 3 ปีที่แล้ว +1

      a ledger will do the trick IMHO

    • @wilsmith6551
      @wilsmith6551 3 ปีที่แล้ว +1

      @@Timithos God the US us not free......Cant believe we ended up like this

    • @TheHellogs4444
      @TheHellogs4444 3 ปีที่แล้ว

      @@wilsmith6551 Use Monero/XMR and get taxed in new host country to whitewash it. That's about the only way I can think of to avoid the exit tax

    • @bimbom8630
      @bimbom8630 3 ปีที่แล้ว +1

      Cash out from Binance at your point of destination. The coin doesnt really matter

  • @Countcho
    @Countcho 3 ปีที่แล้ว +3

    I think you should take a hard look at basic freedoms guaranteed as well.

    • @Tom-dc9hh
      @Tom-dc9hh 3 ปีที่แล้ว

      Write like the freedom of speech the right to bear arms both of which are not guaranteed in the US

  • @turbokid8719
    @turbokid8719 3 ปีที่แล้ว +9

    Well I’m planning to flee so I’m thinking about all of this

    • @MSMisLying2u
      @MSMisLying2u 3 ปีที่แล้ว +2

      Me too. Not financially well positioned for such but I’m going to make the leap at some point.

  • @kylemonkiewicz2803
    @kylemonkiewicz2803 ปีที่แล้ว

    they wont let me leave but i dont have a criminal record what is going on

  • @i23d
    @i23d 3 ปีที่แล้ว +2

    team Panama!

  • @TIG2MAN0
    @TIG2MAN0 4 หลายเดือนก่อน

    Do you have to manage the management company? Have any issues. Im just starting doing this. NO PROPERTY TAXES OVERSEAS AND LOW COST!!!!!😮😮😮

  • @W1LDWESLEY
    @W1LDWESLEY 2 ปีที่แล้ว +3

    Still watering my American tree to produce enough to feed me a month. I make a minimum of 20k at main job to at most 40k with Side gigs.

    • @darrenalove
      @darrenalove 2 ปีที่แล้ว

      @@ChanaElisheva Vietnam (been doing do for a long time at half that) and most of SE Asia easily too.

    • @redman6790
      @redman6790 ปีที่แล้ว

      How much watering does it take to live outside of the West? Like the other comments have implied (1kUSD is more than enough imo to live comfortable outside the West).

  • @gailalbers1430
    @gailalbers1430 3 ปีที่แล้ว

    Is that a Jonna Jinton painting hanging behind you ?

  • @joenicedj
    @joenicedj 3 ปีที่แล้ว +12

    This is a brilliant video. I am acquiring a third passport in the next ten weeks and a possible fourth passport in Barbados once they change their citizenship law to include grandchildren.
    My time in the United States is up.

  • @graygigandalf1692
    @graygigandalf1692 3 ปีที่แล้ว +17

    I get all the talk about taxes and change in culture, but where else are you gonna get by without having the v4cksyn forced into you?

    • @Sharkman19D
      @Sharkman19D 3 ปีที่แล้ว +2

      Get someone to forge you a document. It's not that hard.

    • @NA-me6sh
      @NA-me6sh 3 ปีที่แล้ว +1

      Just get some fabric and sew a bright shiny "V" on all your clothes.
      Piece of cake.

    • @bimbom8630
      @bimbom8630 3 ปีที่แล้ว

      Taiga

    • @gearzone2611
      @gearzone2611 3 ปีที่แล้ว +1

      African continent does not have these western silliness on COVID-19.

  • @almantasj7698
    @almantasj7698 3 ปีที่แล้ว

    Leaving USA is not a problem, leaving Australia is. Any thoughts on how to leave it?

  • @ericeverson5956
    @ericeverson5956 3 ปีที่แล้ว +3

    Don't forget your old stand-by...........Georgia, the country:)

  • @TheHumanSpirit
    @TheHumanSpirit 3 ปีที่แล้ว +11

    You always say, "Where we help 7 and 8 figure entrepreneurs and investors"...
    So does your company not work with anyone below that? Not trying to be smart. Genuine question.

    • @patricktraichal9287
      @patricktraichal9287 3 ปีที่แล้ว +6

      The tag line probably indicates usual customers. If you are willing to pay the fees for the services, I am sure the Nomad Capitalist staff would be willing to chat.

    • @Rachelleluluful
      @Rachelleluluful 3 ปีที่แล้ว +2

      There are websites including Nomad Capitalist and many others with a lot of information to help you move out of the US

    • @PedroSanchez-zv1lr
      @PedroSanchez-zv1lr 3 ปีที่แล้ว +1

      To move to another country to get a investment VISA, at least you need to buy 100,000 USD property in cash, another way if you don´t have that money, it´s through a qualified profession as a doctor or a banker and the country needs that professionals because they cannot be covered with local people

  • @nathanielatfield5706
    @nathanielatfield5706 3 ปีที่แล้ว +4

    Andrew why dont you mention paraguay.? Serbia was a good choice!

  • @power4things
    @power4things 2 หลายเดือนก่อน

    If you have the number of zeros in your annual revenue that Andrew is talking about, CBI is your fastest way to get settled in another country.

  • @nagatouzumaki8227
    @nagatouzumaki8227 2 ปีที่แล้ว +1

    Everything that made you happy gone in the blink of an eye ohh man

  • @waywardgeologist2520
    @waywardgeologist2520 3 ปีที่แล้ว +6

    I believe #5 is the hardest for most Americans.

    • @pav688
      @pav688 3 ปีที่แล้ว +4

      It comes with some "penalty" America will stop ALL federal retirement pensions, all military pensions, including disabled veterans pensions, all Social Security benefits are also forfeited. So renounceing US citizenship comes at a high cost for some people and that all needs to be researched.

    • @joeblow9126
      @joeblow9126 3 ปีที่แล้ว +1

      @@pav688 that isn't true
      If you paid into social security
      And qualify you can still collect
      Same if you lost your green card due
      To being outside of the USA

    • @pav688
      @pav688 3 ปีที่แล้ว +2

      @@joeblow9126 I don't know the answer to that one about the green card, but I researched renouncing US citizenship and I am correct. You can Google it if you still wasn't to believe you are right, but the US does NOT like people who renounce US citizen ship and they show it.

    • @joeblow9126
      @joeblow9126 3 ปีที่แล้ว +2

      @@pav688 I just googled
      If you qualified for Social Security Payments as a US Citizen, then you will still be eligible to receive benefits even after you renounce your citizenship.
      First search at top of page

    • @LisaCulton
      @LisaCulton 2 ปีที่แล้ว

      @@pav688 That's absolutely not true. You will continue to receive VA benefits, social security, etc.

  • @DealwiththeReal
    @DealwiththeReal 6 หลายเดือนก่อน

    I gotta get out

  • @glenndoty739
    @glenndoty739 3 ปีที่แล้ว +2

    I've been to Malta , amazing. Have dreams of returning, possible permanent ly.

    • @glenndoty739
      @glenndoty739 3 ปีที่แล้ว +1

      @@torontovoice1
      Let me put it this way. No place on earth like it.
      If I put in a hotel and said u can't go further than a mile in any direction , you wouldn't be bored for 3 months. History, language, design, all amazing . So much to learn .

    • @SS-hq2nf
      @SS-hq2nf 3 ปีที่แล้ว

      Tnx All for praising my birth country 🇲🇹

  • @nagatouzumaki8227
    @nagatouzumaki8227 2 ปีที่แล้ว

    I love the undervalue who needs me

  • @nathanhastings8293
    @nathanhastings8293 3 ปีที่แล้ว +8

    I have a Question........Dont most large governments devolve into Authoritarian style regimes when they become the focus of the wealthy elite (Top 1 %). The pressure seems to be real.( Noam Chomski makes comments to that effect)

    • @difference018
      @difference018 3 ปีที่แล้ว

      @Dar Rin Zee So we can have another world war?

    • @difference018
      @difference018 3 ปีที่แล้ว

      @Dar Rin Zee You do not know what you're talking about. You want the EU dissolved, which would send the continent back 100 years to a period of chaos and war. A period which the EU has never seen

    • @difference018
      @difference018 3 ปีที่แล้ว

      @Dar Rin Zee It is a fraction of the chaos caused by WW1 and WW2.

    • @wilsmith6551
      @wilsmith6551 3 ปีที่แล้ว +5

      @@difference018 Not true....The EU is a forced socialist project that has serious cracks......see Greece

    • @turbokid8719
      @turbokid8719 3 ปีที่แล้ว +1

      @@difference018 yeah because the EU worked so well for Greece

  • @928gto
    @928gto 2 ปีที่แล้ว

    Thanksgiving

  • @Imhim247
    @Imhim247 2 ปีที่แล้ว +2

    I'm American. I want to live in Serbia. I wonder I able to use my America money for Serbian dinar. I can still keep my bank in USA?

    • @thinkforyourself9334
      @thinkforyourself9334 2 ปีที่แล้ว +2

      Yes you can.

    • @Imhim247
      @Imhim247 2 ปีที่แล้ว

      @@thinkforyourself9334 Thank you! That's awesome to hear! I was wonder the bank would allow it

  • @aseasonedveteran5915
    @aseasonedveteran5915 3 ปีที่แล้ว

    I was told by the US Embassy that I have to give up my US citizen to get foreign citizenship.

    • @Orson2u
      @Orson2u 3 ปีที่แล้ว

      Matt is correct. But you do need also need another citizenship/passport to be allowed to renounce US citizenship.

    • @TheWallReports
      @TheWallReports 2 ปีที่แล้ว

      @@Orson2u True. That last thing anyone wants to become is stateless. Get a 2nd citizenship first, then relinquish or renounce your US citizenship.

  • @nickro7722
    @nickro7722 2 ปีที่แล้ว +5

    Let's go Brandon

  • @travelwithtony5767
    @travelwithtony5767 2 ปีที่แล้ว +2

    Hiring a management company to take care of highly desirable US based property is what most high net worth individuals do if they chose to live overseas.
    You should know that.

  • @silasgeek8062
    @silasgeek8062 3 ปีที่แล้ว

    I liked the other intro better

  • @bonsaitreehouse5534
    @bonsaitreehouse5534 3 ปีที่แล้ว

    I need help but I only have about 100k

  • @fallonmassey4714
    @fallonmassey4714 2 ปีที่แล้ว +4

    You don't leave what you love, you fight for it... sort of lets people know who and what you are!

    • @katherinejones850
      @katherinejones850 2 ปีที่แล้ว +7

      I can’t love it anymore! It’s abusive, becoming more violent and intent on disenfranchising or threatening those of us who won’t vote GQP! 🤮👎🏾👎🏾👎🏾

    • @fallonmassey4714
      @fallonmassey4714 2 ปีที่แล้ว +1

      @@katherinejones850 Then that's fair, I was only speaking to those that claim to love America and then cut and run.
      There's a LOT to hate about America right now, but if you feel you can't love this mess, then it's your decision to do whatever and I respect that!

  • @Bigthingz12
    @Bigthingz12 3 ปีที่แล้ว +2

    What about forced vax mandates regarding the ability to even travel

  • @urbanart7325
    @urbanart7325 3 ปีที่แล้ว +1

    What is the guy talking about? The majority of Americans haven't left their home town in city.

  • @theblessed1635
    @theblessed1635 ปีที่แล้ว +1

    America has always been problematic but i think people can clearly see that now.

  • @kenzistar1569
    @kenzistar1569 ปีที่แล้ว +3

    Wait….. did you say 7-8 figure people? Oops this video is not for me

  • @gabrielvincent6537
    @gabrielvincent6537 3 ปีที่แล้ว +11

    You do wonderful work Andrew. I hope you soon realize it is only in Christ Jesus of Nazareth that we can truly escape from the beast Babylonian system of the world. Grateful for the information you share. I pray Your heart be revealed unto the Lord. For your heart is the garden of eden my friend.

    • @nathanhastings8293
      @nathanhastings8293 3 ปีที่แล้ว

      You mention Babylon, I wonder sometimes if the social media platforms are sort of a reversal back to the time before we were so evil we had to have our language divided?

    • @gabrielvincent6537
      @gabrielvincent6537 3 ปีที่แล้ว

      @@nathanhastings8293 wow, indeed. It’s amazing how many hundreds of comments and channels I’ve watched over the years and it seems the only light left is of those whom carry the Holy Spirit. Once all the Christians are martyred or killed in wars there will be virtually no light left on the earth. Then the final judgment. Yes I have trepidation, although another part of me is relived. You said it right, this world is diabolically evil and surely passing away.
      1 John 2:16-17 comes to my mind.

    • @katherinejones850
      @katherinejones850 2 ปีที่แล้ว

      Religion is an excuse for intolerance and rape and murder!

  • @nathanhastings8293
    @nathanhastings8293 3 ปีที่แล้ว +2

    As a Capitalist learning how NOT to be, I am still drawn to your information and irregardless of how wrong I think someone is I think you are sincere and that matters. I am considering leaving the US for different reasons concerning race. So as a tenthousandair (lol). I may end up in another country with my family in a wagon tee hee. Either way I do appreciate the info.

  • @stanleymasterson1135
    @stanleymasterson1135 3 ปีที่แล้ว +9

    Andrew's assessment of the US is correct, which is no surprise as he is a good conservative, not a left wing oblivious moron. However, leaving the country is far more difficult than it seems. It is a massive adjustment for most people, and in fact, completely impossible for most due to family and other obligations. You cannot even bring your most prized loved ones with you (your pets) to most countries without them going through quarantine hell, if they let them in at all. I don't know how Andrew did what he did, but bouncing around the world as he claims to do is not a life I would want.

    • @malcolmapplet4313
      @malcolmapplet4313 2 ปีที่แล้ว

      It's probably just better to move to a best available option in your own country. I don't want to drive, that's one of my criteria and the places with mass transit (USA) are not right for me. My achilles heel moving overseas is I can't afford two residential properties. Nobody talks about it but, you DO need a physical address to claim for tax/legal purposes, bank accounts etc. Digital nomad blogger kids can use their parents house for this, I can't. Work arounds are available but I'm not going to saddle anyone with having my mail sent to their house. But yeah, bouncing around living out of a backpack permanently, that's hard. And what are most people going to do? They are going to have one foot in and one foot out. I think it's a situation where you have to be All-in.

  • @jamesleonard4713
    @jamesleonard4713 3 ปีที่แล้ว +1

    There is a really big issue , that I'd like to get the Nomads opinion on. Where do you go or where do you want to be, if the US doesn't just decline, but actually collapses? Many parts of the world enjoy their lifestyles, thanks to the US. Without the US Military protecting them, many parts of the world would be under completely different government controls. I know the Nomad loves Georgia, but how long before it's under the control of the Russian government? Is anywhere in Eastern Europe safe? The Balkans would still be fighting right now, even without the Russians, if the US military hadn't stepped in to stop the Serbs. Taiwan, Thailand, Philippines, Singapore... with no US Navy, how are these countries treated by China? If the US isn't involved in central & south America, do places like Costa Rica & Panama still look attractive or are they now closer to looking like Guatemala & Honduras?
    There is also the economic issue. The number one industry in Italy, Greece, Spain, France, Portugal, etc... is tourism. If Americans aren't making money and don't travel for vacations, how bad does it get in these countries, how many of them also eventually collapse? We know most of the ones listed would have already collapsed, if it wasn't for Germany & Great Britain bailing them out.
    The US is definitely in trouble and there's no one that is capable of bailing us out. If the US goes down, most of the western world goes down with us. There's a reason why the socialist have focused all of their time and resources on the US, in the past 12 years.
    Australia & New Zealand are the most attractive places to relocate to. They have vast amounts of resources, with small populations and have thousands of miles of oceans buffering them from the rest of the world. However, I've been told they are very difficult to immigrate to, much less get a passport for. They are also, already on the heavy side when it comes to taxes and other expenses.
    I know the idea is that the US is in a long slow decline and it's not just going to leave the world stage, but with the amount of spending and debt being racked up right now, the hard fall could be very hard and fast.

    • @Son37Lumiere
      @Son37Lumiere 3 ปีที่แล้ว +2

      You are right on the money. The fall of the US is going to have a dominoes affect on many other countries and destabilize many governments and economies. It looks like China is on track to become the next world power which is unfortunate since they have a poor record for human rights. New Zealand is my first choice as well. High taxes aren't a bad thing when they're actually used to take care of their citizens.

    • @mikeelizarev4563
      @mikeelizarev4563 3 ปีที่แล้ว +2

      You are 100 % right! When I am looking at americans who are trying to escape , i think that am ericans have no idea what would happened to the world if us will collapse.. I was born in USSR. 4 languages. Two citizenships. :) Do you really think that you would live free life after collapse of the usa? Not so fast, comrades :)

  • @revothinkllc
    @revothinkllc 3 ปีที่แล้ว +2

    Some of us need US citizenship. I wish there was a way to give away your citizenship to someone else!

    • @Tom-dc9hh
      @Tom-dc9hh 3 ปีที่แล้ว +2

      You could get married to someone of a country you want to go to that person gets US citizenship and you get theirs

  • @Je.rone_
    @Je.rone_ 3 ปีที่แล้ว +11

    The tax on success is going to keep getting bigger

    • @Son37Lumiere
      @Son37Lumiere 3 ปีที่แล้ว +1

      The US has had among the lowest tax rates in the world for a very long time; never lower than now. The rich are simply greedy assholes that whine and cry incessantly anytime the tax rate is raised even 1%. The rest of the first world countries have much higher tax rates but go ahead and move to some third world location, enjoy your low taxes, it's what has turned the US into third world status.

  • @ubermenschen3636
    @ubermenschen3636 3 ปีที่แล้ว

    Henderson forgot point out that for a US citizen or resident who renounced his US citizenship or residency he also forfeitures social security, Medicare, veteran benefits, disability payment, and perhaps a State retirement pension.

    • @joeblow9126
      @joeblow9126 3 ปีที่แล้ว +1

      Not social security
      If you qualify for it you will get it
      Same as if you lost your green card

    • @ubermenschen3636
      @ubermenschen3636 3 ปีที่แล้ว

      @@joeblow9126 ::: you know this from your personal experience?

    • @joeblow9126
      @joeblow9126 3 ปีที่แล้ว

      @@ubermenschen3636 no
      Just what I've read
      And I called social security office too
      I would never waste my time and money renouncing my us citizenship
      I just got another passport and live my life as a citizen of that country
      And let my us passport expire
      I've never had any trouble

    • @ubermenschen3636
      @ubermenschen3636 3 ปีที่แล้ว

      @@joeblow9126 ::: as a US citizen you must file Federal Income tax no matter your income, Where you’re living, or holding dual citizenship.

    • @joeblow9126
      @joeblow9126 3 ปีที่แล้ว

      @@ubermenschen3636 I never mentioned anything about taxes
      You brought up social seceurity

  • @Rachelleluluful
    @Rachelleluluful 3 ปีที่แล้ว +6

    I’ll just go to Mexico. Seems much easier.

    • @Rachelleluluful
      @Rachelleluluful 3 ปีที่แล้ว

      @@Timithos great!

    • @bimbom8630
      @bimbom8630 3 ปีที่แล้ว +1

      Just dont go where Cartels is the government

    • @Rachelleluluful
      @Rachelleluluful 3 ปีที่แล้ว

      @@bimbom8630 lol. Def not! I’d go to Roma or Condesa Mexico City. So nice there!

    • @Rachelleluluful
      @Rachelleluluful 3 ปีที่แล้ว

      @@Timithos but if you’re retired, you get social security and don’t pay any taxes.

  • @frankfromupstateny3796
    @frankfromupstateny3796 3 ปีที่แล้ว

    Well....the world at large is NOT seeing the US as it once did...including the naive citizenry...who are even "waking up" now.
    Trouble is...99% of us, do not have the assets, training, income or educational levels to be assimilated into another society; making for them, a nice taxable scenario either.
    I was an RN who turned truck driver. Where in Mexico or Croatia for example would be able to pay me a viable "paycheck" driving for 5-10 more years, whilst living in said countries for example. If I could move to a "Croatia"...it's beautiful, etc. But, can Americans compete for jobs that are Blue Collar - let alone White Collar jobs?

    • @bobojenkins5805
      @bobojenkins5805 ปีที่แล้ว +1

      You'd be making shit in Croatia as a truck driver besides how would you live without your hotdogs and Ford F-150s??

  • @blue18404
    @blue18404 2 หลายเดือนก่อน

    East Palestine

  • @nagatouzumaki8227
    @nagatouzumaki8227 2 ปีที่แล้ว +1

    What would make someone wanna leave the country to abandon everyone and everything you love omg

    • @FJF119
      @FJF119 2 ปีที่แล้ว +3

      Sleepy Joe Biden's left , woke culture and BLM .

    • @katherinejones850
      @katherinejones850 2 ปีที่แล้ว

      Domestic terrorism, disenfranchisement, book bans & burnings, to name a few!

  • @schmonsequences
    @schmonsequences 2 ปีที่แล้ว

    Holy shit, no! Not what anyone should be looking for

  • @JadineD
    @JadineD 5 หลายเดือนก่อน

    I want to leave because I'm a queer woman with very little money. So I see my option is to just leave this earthly vessel.

  • @brushcrawler8612
    @brushcrawler8612 11 หลายเดือนก่อน

    That one-world govt isnt far now.
    Good luck

  • @jayarr2248
    @jayarr2248 3 ปีที่แล้ว +3

    Please send this to LaBron, Kaepernick, and Rapinoe. Maybe they’ll make America a better place by leaving.

  • @casinolord2876
    @casinolord2876 3 ปีที่แล้ว +5

    The philosophy of the rich and the poor is this: the rich invest their money and spend what is left. The poor spend their money and invest what is left"*

    • @FadeDance
      @FadeDance 3 ปีที่แล้ว

      Hideous. Out of touch. You have no idea what it's like to grind 18 hour days in an Amazon warehouse and rideshare 6-7 days a week. My life as a 7 figure PM is nothing in comparison, and I was working 20 hour days for months on end during early 2020 gamma started moving markets. Until these two realities are fused nothing will change. It honestly makes me lose faith in humanity. Get a job at amazon bitch.

  • @mtaylor3391
    @mtaylor3391 3 ปีที่แล้ว +5

    does anyone know someone who can get me a fake vaccine card?

    • @crownvictoria7787
      @crownvictoria7787 3 ปีที่แล้ว

      Photoshop it

    • @thinkforyourself9334
      @thinkforyourself9334 3 ปีที่แล้ว

      The police..Visit your local police station

    • @slovene1987
      @slovene1987 2 ปีที่แล้ว

      They're usually scams.

    • @slovene1987
      @slovene1987 2 ปีที่แล้ว

      Contact a medical supplies salesman or Tor links on Reddit

  • @ericeverson5956
    @ericeverson5956 2 ปีที่แล้ว

    Your real estate in Tulsa will be fulled occupied by the middle class in the United States, hopefully.

  • @Circusclown000
    @Circusclown000 3 ปีที่แล้ว +4

    Conman! Just like Robert the rich dad

  • @tripillthreat
    @tripillthreat 7 หลายเดือนก่อน

    TFW I’m listening to advice from a conservative about how to leave America because I’m trying to escape right-wing extremism in America.