An idea for the 2023 edition. On the Dual citizenship score add a 5 point qualifier for need to rescind other passports when nationalizing. That way anything with a 5 in that category means no rescinding necessary, whereas a 0 means normal circumstances of naturalization need to rescind other passports. I’m thinking like a Brazil would be a 5 and a Serbia would be a 0.
@@anonymousdonor8084 as an Italian I have free access to 189 countries , many more than an American citizen . I am also equally welcomed in Israel and any Arab country and I can go to Cuba regardless if I have relatives who live there . So you tell me which passport grants me more freedom between the Italian and the American . P. S . I just noticed I did not answer your question : the Italian consulates I went to in NYC and Miami ( I live in Florida since 2009) are pretty efficient and they always reply to my emails in a rather prompt way . I have no experience with the American counterparts because I simply don’t need nor use the American passport when I am abroad . I just use and travel with the Italian passport . For me the American one is just like the key of my house door : I use it ONLY to get back to my home in the U. S. , nothing else .
I’m third-generation Italian American. I need to get my Italian passport. But then I learned there’s like a 7 year waiting list for the Italian consulate in the US 😬
I am of Polish and Austrian descent currently have confirmed my 🇵🇱 citizenship and have my 🇵🇱 passport. I have been procrastinating confirming my 🇦🇹 citizenship in part due to the more complicated docu search and as of late, might as well put off Austrian citizenship for good because Austria has gone full on authoritarian with cov¡d-19(84) enforcement.
British citizenship is one of the best for a digital nomad honestly. The government leaves you alone once you're out of the country. It's got visa free travel to a great many places. Good embassies all over the world. It's generally easier to get work permits and things like that. No one is going to hate you because you're British, unless you're going to Afghanistan or some place like that. And they're not in the EU, which aside from travel restrictions, is a great thing... because who knows what the EU will do in the future, especially regarding tax.
@@itadrummer1 and also can work and live,open companies in any EU country,like Spain.I seriously think that when they advise passports they dont get into consideratuon the easyness of moving through the EU and open companies
they have a cultural problem because British people are against entrepreneurship and wealth, their are the true backyard of the USA along with Canada and Australia, plus in reality most countries don't really care weather you are south American or western European, the only exceptions are the USA and their overseas colonies aka Australia and Canada. i think the Uruguayan passport is the best in the world for anyone that doesn't want to live in USA or Canada.
@@itadrummer1 No. Italy is part of the EU, which many of us are trying to avoid. Therefore, the Italian passport is very different from the UK. Plus, I don't think you'd actually have any problems as a British person living in a Muslim country. I only mentioned Afghanistan so people wouldn't pull stupid exceptions out of their backend as a counterargument.
The problem with legacy brand countries is that among other things they are turning into dictatorships, so having their passport is a liability. Some countries hunt their citizens abroad, others turn them stateless by not renewing or issuing a new passport.
I think taxation and even freedom are more important than visa free travel. While I would never get an American passport, I'd gladly get a passport with worse visa free travel. Doesn't make sense that visa free travel accounts for 50% while taxation only accounts for 10%. For me it's the much more important for a nomad and the same goes for dual citizenship. If a passport gives me great travel benefits but doesn't allow me to have other options that's a no no. Same goes for Argentina where u can't renounce. All of that matters more to a nomad, in my opinion
A sticky question: if I open an account say in Switzerland using my second passport to identify myself is it necessary for those banks to identify me and those accounts to my country that is always looking to pull money out of my pocket? OR. Am I just looking for trouble?
Yes it is absolutely necessary, you WILL be asked (by the bank) to disclose your citizenry (particularly if US) and to fill out a FATCA form if you are a us citizen or you risk serious consequences for failure to disclose
@@eddieohearn17 US government put pressure on switzerland to report everybody and their grandma; switzerland folded BUT afterwards swiss banks closed each and every US citizen's bank account, so they never ever will be responsible for FATCA reports. you may need a bank from USA with a branch in the alps for that.
@@rivenoak thank you, I already knew all of what you have written plus. You see the US passport is my second passport and I was wondering the reach for those of us who have the US passport as their second passport. And there is no difference ... they simply want money.
@@samtoo2006 "Illegal"? I would recommend not reading fearmongering websites and instead read the Nationality Act of Japan (国籍法) for yourself and discover the truth.
@@JK_JK_JK Everything I've read says Japan does not allow dual citizenship. CNN March 2021 (CNN) - Anna was born with the right to dual citizenship, because she has a Japanese mother and American father. She spent her life traveling between both countries, and says she felt deeply connected to the two cultures. But Japan requires those with multiple passports to pick one by the age of 22 -- an impossible choice for Anna, who requested a pseudonym for privacy reasons. "I'm mixed race, I've lived both in Japan and the US, I speak both languages, I am completely split down the middle in terms of my identity," she said. "It's like asking someone whether they love their mother or father more. It's such a cruel question." .
@@currentfaves65. I am right down the middle Honduran and US. I became a Hondurascitizen till I was 18, even though I was born there. My dad reported me to the US embassy for birth abroad. I had a US passport before having my Honduran passport. I like the Honduran passport to travel to south America and Europe. The American for Mexico Canada and as well.
I have a German passport and yet was planning on buying property in Turkey to get a Turkish passport. Do you guys think that's redundant? If you were in my situation would you invest in another realty market instead or still invest in Turkey?
11:25 visa free access to EU: how about info about ETIAS in preparation for the upcoming change to that (sort of) visa waiver program ? i bet countries will go an extra mile to be included in the program; otherwise it will require a full fledged schengen visa for their citizens to come to EU, comes 2023. the only countries without any hassle are schengen area members and other friendly countries associated with EU. for example tiny San Marino outranks USA or UK immediately ;)
@@rivenoak you tell me ??? I grew up and still have family one hundred kilometers south of San Marino , where I went a million times to do shopping tax - free !!!🤣🤣🤣
I encourage some of my korean friends to get second and multiple passports even though their passport is ranked as 2nd greatest visa free travel to 190 countries abroad ! Cuz there are certain countries where Korean citizens are restricted to go as tourists!
My mother was born and raised in Germany and married my American soldier father in Germany and they eventually came to the US and I was born. All the calls and research I've made tell me I don't qualify for a German passport. Nomad Capitalist how can I get a German passport?
@@maribt9987 no you won’t be apply to apply then unless you lived in Germany for a certain period of time. They won’t allow citizens who gave up their citizenship in the past to now easily get it due to new regulations.
Barbadian is top in the Caribbean re 162 visa-free countries. Also NO Capital Gains or Inheritance taxes! They just don't do the 'citizenship by investment' though. Thank gawd I don't need to because I was born there. I'm leaving Canada and going back home.
We work exclusively with seven- and eight-figure entrepreneurs and investors.You can email our team at help@nomadcapitalist.com and they'll be happy to assist you.
beautiful countries, people are very smart ,they respect personal freedoms unfortunately taxes are insane and is difficult to get a residence permit for non EU entrepreneurs
@@MILE011 yeah i can travel to only 95 countries, but i don't pay any taxes, and the Kuwaiti dinar is the strongest currency in the world. Other than that i dont think there's any benefit. In Kuwait they dont allow dual citizenship, but i lived and studied in the states for 15 years, im eligible for US citizenship, but i don't think that's a good idea since i will need to pay taxes, and i have around 11.5 million dollars in networth, so il probably be in a higher tax bracket. I do need to have another passport other than kuwaiti, that also doesn't have taxes but also in the mediterranean or a coastal country but not too far to the west like the Caribbean or east like Singapore somewhere in the middle, in europe but near the med, probably like malta or something.
@@MILE011 thanks. Yeah not very strictly, some people here have dual citizenship but are able to hide it, usually by entering and exiting Kuwait with kuwaiti passport and entering the other country with their passport. Its not very strict, i think if your caught your just asked to choose one and revoke the other. Other countries are usually ok with dual citizenship so Kuwaitis will choose the kuwaiti, then go back and get the other passport again. There are ways around it.
@@AhmadAlAjeel I think your parameter of wanting not too far from Europe and excluding the Caribbean is a stretch. Europe is really the tax capital of the world due to how many free benefits the European states give to citizens, tax is high. Don’t exclude Carribean in that case you might want to look at what the tax incentives are like in Asia, but those citizenships are known for being notoriously hard to get so you might want to look at low tax for when you are in the country and won’t tax you when you I’ve outside. So I’d say look at Singapore or the lowest tax you can get in Europe, but that citizenship will certainly be an interesting journey to obtain. Your net worth should help though
What if I don't have 500000.00$ I'm retired living in Canada 🇨🇦 with a half decent bank account and a fairly nice pention .how can I get help with a second passport?
@@danielcaissie1207 If you are retired all you have to show is either a government pension ( like social security, military, or pension from work). For one person it is $1,000 Us and $250 a month per each dependent. Panama is a territorial based taxation system. So, you can't actively work in a business in Panama if you want to continue to make money independent of your pension. However, if you have an online or virtual business and don't sell directly to anyone in Panama then you can do that. One can own a business in Panama, but you can't directly work in it. Some people own restaurants and then hire locals.
This analysis is warped and is geared exclusively to nomad travelers trying to escape taxation. Put that issue aside for a moment, and tell me that if you get thrown in jail in Mexico for some BS allegation like drunk in public, do you want to be a US citizen or a citizen of Singapore? Being a US citizen in these situations is far more preferable. In fact, just telling the local Mexican cops that you want to speak immediately to the US Embassy or consulate often makes them back off. For God's sake, the FBI has field offices all over the world. And you prefer to flash your crappy Singaporean or Caribbean passport in these situations? Have at it. It's not all about tax evasion.
We were told we have the best passport, schools and hospitals, ok? Don't spoil our daydream, we rate other countries by big mac index and hollywood movies.
Nice video!! Very engaging from the beginning to the END., I'm new to crypto trade and I have been making huge losses but recently see a lot of people earning from it. Can someone please tell me what I'm doing wrong
Based on my ranking my US passport is the most powerful, as a US citizen I'm so glad the US government is taking a good cut in taxes from the upscale class
I mean you don’t have another passport to judge properly, so yeah, in your case it’s the ONLY option you have and thus the best one specifically for you
Well, I sort of don’t agree to a certain point on why your government wouldn’t follow you to tax your income while working abroad. When you are back to the country, you will use its amenities, roads, hospitals, shops, benefit from its health insurance and when you retire you are paid thereafter monthly to keep living well. Even while you are abroad you are still a citizen of that country. Ask a person with a passport from a country listed as the number 102 ranked on Henley Passport Index, and you would wish that you were taxed and followed when abroad, so one day when you return to it you live a good life and enjoy its benefits as a citizen in your country, and don’t have to deal with spending all your savings you earned because your government never thought of you or felt you existed while you were abroad! You don’t know how good your current citizenship is until you lose it’s privilege! Also being millionaires or billionaires, I find it rather funny when you have all this money 💰 and look for countries to not be taxed to earn more and more. You have a duty towards your country because this is where you originally made all your money from and benefited from its wellbeing.
@@patienceisalpha Why wouldn’t you pay? These are services your government is providing to you and everything comes with a price. Countries that have never taxed their citizens are currently thinking of taxing them. Dubai introduced VAT, have social security taxes on citizens so has Saudi, Kuwait and many more on the way. In addition to rental taxes, 5% of their annual rent in Dubai. Also, tourism fees and other service charges on imports and exports. As such, you will pay the country’s taxes no matter what form they come from. They seem hidden to lure you to the place but once there enjoy being taxed ;) Running away to other countries does not prevent you from paying it’s other different forms of taxation.
@@patienceisalpha You are right! Am talking about being a resident and/or holding a citizenship where one thinks that tax is non existent. Maybe you mis-understood my comments!
@@JD-gv4uz Not at all, have nothing to do with governmental jobs. I am a into Marketing and data science. My words are of a citizen of this world that sees things from a righteous perspective rather than greed and wanting to make more money without being taxed, yet at the same time wanting to use all the services my country is providing for free.
Thank you For Posting the Index Andrew May More Grace and Blessing continue to fill Thy Life and your family.
Thank you. God bless you
An idea for the 2023 edition. On the Dual citizenship score add a 5 point qualifier for need to rescind other passports when nationalizing. That way anything with a 5 in that category means no rescinding necessary, whereas a 0 means normal circumstances of naturalization need to rescind other passports. I’m thinking like a Brazil would be a 5 and a Serbia would be a 0.
ti pr the vast majority of the world would be 5 with a handful being 0. How do you score 1-4?
@@MegaBallPowerBall don’t. it is a binary score.
Thank you so much Andrew!
I really appreciate you and the work you do
I have 3 passports : USA, Canada and British. So I used my USA more often depending on where I am heading to. Love your vlog brother. ❤️
If UK did not get out of the EU, it would have been better for that passport.
I feel sorry for you.
What a tax burden.
@Westwood, California Imagine having a weak passport, cope harder mutt.
I have been saying for a while that my Italian passport is way more powerful , useful and overall SAFER than the American one ( which I also have ).
Certamente 🇪🇺🇮🇹
@@italomarsano9362 la bandiera italiana mi va ancora bene , quella blu con le stelle gialle della Mafia Europea proprio no 👎 🤢🤮
Until you are thrown in jail in Mexico.
@@anonymousdonor8084 as an Italian I have free access to 189 countries , many more than an American citizen . I am also equally welcomed in Israel and any Arab country and I can go to Cuba regardless if I have relatives who live there . So you tell me which passport grants me more freedom between the Italian and the American . P. S . I just noticed I did not answer your question : the Italian consulates I went to in NYC and Miami ( I live in Florida since 2009) are pretty efficient and they always reply to my emails in a rather prompt way . I have no experience with the American counterparts because I simply don’t need nor use the American passport when I am abroad . I just use and travel with the Italian passport . For me the American one is just like the key of my house door : I use it ONLY to get back to my home in the U. S. , nothing else .
I’m third-generation Italian American. I need to get my Italian passport. But then I learned there’s like a 7 year waiting list for the Italian consulate in the US 😬
I am of Polish and Austrian descent currently have confirmed my 🇵🇱 citizenship and have my 🇵🇱 passport. I have been procrastinating confirming my 🇦🇹 citizenship in part due to the more complicated docu search and as of late, might as well put off Austrian citizenship for good because Austria has gone full on authoritarian with cov¡d-19(84) enforcement.
🦍💨🇦🇹🇪🇺
Yeah the apple doesn't seem to fall far from the tree in Austria.
I'm glad you clarified your rationale for putting the UK so low. And you're right.
What minute was that? Why was UK low? I'm fine abroad they leave me alone
British citizenship is one of the best for a digital nomad honestly. The government leaves you alone once you're out of the country. It's got visa free travel to a great many places. Good embassies all over the world. It's generally easier to get work permits and things like that. No one is going to hate you because you're British, unless you're going to Afghanistan or some place like that. And they're not in the EU, which aside from travel restrictions, is a great thing... because who knows what the EU will do in the future, especially regarding tax.
You just described the Italian passport with the difference that we Italians are treated equally well both in Israel and ALL Muslim countries 😉
@@itadrummer1 and also can work and live,open companies in any EU country,like Spain.I seriously think that when they advise passports they dont get into consideratuon the easyness of moving through the EU and open companies
@@carlitoselcremita7816 I don’t care for the E.U. mafia , which I left almost a quarter of a century ago …. But I belong to an older generation 😉
they have a cultural problem because British people are against entrepreneurship and wealth, their are the true backyard of the USA along with Canada and Australia, plus in reality most countries don't really care weather you are south American or western European, the only exceptions are the USA and their overseas colonies aka Australia and Canada.
i think the Uruguayan passport is the best in the world for anyone that doesn't want to live in USA or Canada.
@@itadrummer1 No. Italy is part of the EU, which many of us are trying to avoid. Therefore, the Italian passport is very different from the UK. Plus, I don't think you'd actually have any problems as a British person living in a Muslim country. I only mentioned Afghanistan so people wouldn't pull stupid exceptions out of their backend as a counterargument.
No one ever talks about st Kitts capital gains taxes (20% on gains less than 1 year)
But is it true? Can you kindly point me to a specific law that mentions that? Haven't heard it.
Why Antigua and Barbuda have 30 while they tax policy is same as 50 St Kitts ?
The problem with legacy brand countries is that among other things they are turning into dictatorships, so having their passport is a liability. Some countries hunt their citizens abroad, others turn them stateless by not renewing or issuing a new passport.
I think taxation and even freedom are more important than visa free travel. While I would never get an American passport, I'd gladly get a passport with worse visa free travel. Doesn't make sense that visa free travel accounts for 50% while taxation only accounts for 10%. For me it's the much more important for a nomad and the same goes for dual citizenship. If a passport gives me great travel benefits but doesn't allow me to have other options that's a no no. Same goes for Argentina where u can't renounce. All of that matters more to a nomad, in my opinion
i like the homage to Ukraine's flag in your graphics!
A sticky question: if I open an account say in Switzerland using my second passport to identify myself is it necessary for those banks to identify me and those accounts to my country that is always looking to pull money out of my pocket? OR. Am I just looking for trouble?
Yes it is absolutely necessary, you WILL be asked (by the bank) to disclose your citizenry (particularly if US) and to fill out a FATCA form if you are a us citizen or you risk serious consequences for failure to disclose
@@trayamolesh588 I wanted to know just how deep a government’s hand can go into my pockets.
@@eddieohearn17 US government put pressure on switzerland to report everybody and their grandma; switzerland folded BUT afterwards swiss banks closed each and every US citizen's bank account, so they never ever will be responsible for FATCA reports. you may need a bank from USA with a branch in the alps for that.
@@rivenoak thank you, I already knew all of what you have written plus. You see the US passport is my second passport and I was wondering the reach for those of us who have the US passport as their second passport. And there is no difference ... they simply want money.
@@rivenoak Not true.
My Japanese passport is way better than my US passport in terms of visa-free travel, banking, taxes, etc.
Japan does not allow duo citizenship, it is illegal to own another citizenship
@@samtoo2006 "Illegal"? I would recommend not reading fearmongering websites and instead read the Nationality Act of Japan (国籍法) for yourself and discover the truth.
@@JK_JK_JK Everything I've read says Japan does not allow dual citizenship.
CNN March 2021
(CNN) - Anna was born with the right to dual citizenship, because she has a Japanese mother and American father. She spent her life traveling between both countries, and says she felt deeply connected to the two cultures.
But Japan requires those with multiple passports to pick one by the age of 22 -- an impossible choice for Anna, who requested a pseudonym for privacy reasons.
"I'm mixed race, I've lived both in Japan and the US, I speak both languages, I am completely split down the middle in terms of my identity," she said. "It's like asking someone whether they love their mother or father more. It's such a cruel question."
.
@@currentfaves65. I am right down the middle Honduran and US. I became a Hondurascitizen till I was 18, even though I was born there.
My dad reported me to the US embassy for birth abroad. I had a US passport before having my Honduran passport.
I like the Honduran passport to travel to south America and Europe.
The American for Mexico Canada and as well.
@@oldwiseoul Very cool. I hope to get 2nd passport someday.
I have a German passport and yet was planning on buying property in Turkey to get a Turkish passport. Do you guys think that's redundant? If you were in my situation would you invest in another realty market instead or still invest in Turkey?
Turkey's passport has access to a decent amount of countries, to which the German one doesn't have.
I Live in London and I have Portuguese passport and don't see the benefit of having a British passport
I only have the Mexican to passport because I'm from there.
11:25 visa free access to EU: how about info about ETIAS in preparation for the upcoming change to that (sort of) visa waiver program ?
i bet countries will go an extra mile to be included in the program; otherwise it will require a full fledged schengen visa for their citizens to come to EU, comes 2023.
the only countries without any hassle are schengen area members and other friendly countries associated with EU. for example tiny San Marino outranks USA or UK immediately ;)
SanMarino is an Italian “ extension” ( without the notorious Italian tax system ….)
@@itadrummer1 founded by a saint on a mountain it is the oldest republic in existence still afaik.
@@rivenoak you tell me ??? I grew up and still have family one hundred kilometers south of San Marino , where I went a million times to do shopping tax - free !!!🤣🤣🤣
I encourage some of my korean friends to get second and multiple passports even though their passport is ranked as 2nd greatest visa free travel to 190 countries abroad ! Cuz there are certain countries where Korean citizens are restricted to go as tourists!
My mother was born and raised in Germany and married my American soldier father in Germany and they eventually came to the US and I was born. All the calls and research I've made tell me I don't qualify for a German passport. Nomad Capitalist how can I get a German passport?
If your mother was a German citizen then surely you do qualify?
I guess that's why it's one of the top 3 passports to have. Extremely difficult to get
@@GodDieux oh so when this happens maybe we can apply then? I hope so!
Hello, you can email our team at help@nomadcapitalist.com and they'll be happy to assist you.
@@maribt9987 no you won’t be apply to apply then unless you lived in Germany for a certain period of time. They won’t allow citizens who gave up their citizenship in the past to now easily get it due to new regulations.
I have a Burundian passport. The technical term is " fucked".
Just incase you didn’t know my friend, a Trinidadian passport is one of the best passports to have😎
Barbadian is top in the Caribbean re 162 visa-free countries. Also NO Capital Gains or Inheritance taxes! They just don't do the 'citizenship by investment' though. Thank gawd I don't need to because I was born there. I'm leaving Canada and going back home.
What does their services cost ?
Do you have a seven or eight figure net worth?
We work exclusively with seven- and eight-figure entrepreneurs and investors.You can email our team at help@nomadcapitalist.com and they'll be happy to assist you.
Venezuelan Mozambique has entered the chat
A Hungarian or Serbian passport would be nice right now! 👍
The fact that Malaysia doesnt allow dual citizenship makes it a non-starter.
There is Residency...
@@lreeher ... which can be withdrawn/revoked by the government
You never mention scandinavia
beautiful countries, people are very smart ,they respect personal freedoms unfortunately taxes are insane and is difficult to get a residence permit for non EU entrepreneurs
i have a kuwaiti passport..how is that
Bad for travel, excellent for benefits inside of Kuwait.
@@MILE011 yeah i can travel to only 95 countries, but i don't pay any taxes, and the Kuwaiti dinar is the strongest currency in the world. Other than that i dont think there's any benefit. In Kuwait they dont allow dual citizenship, but i lived and studied in the states for 15 years, im eligible for US citizenship, but i don't think that's a good idea since i will need to pay taxes, and i have around 11.5 million dollars in networth, so il probably be in a higher tax bracket.
I do need to have another passport other than kuwaiti, that also doesn't have taxes but also in the mediterranean or a coastal country but not too far to the west like the Caribbean or east like Singapore somewhere in the middle, in europe but near the med, probably like malta or something.
@@AhmadAlAjeel First off, congratulations on that net worth. Good job.
How strictly does Kuwait enforce these rules?
@@MILE011 thanks. Yeah not very strictly, some people here have dual citizenship but are able to hide it, usually by entering and exiting Kuwait with kuwaiti passport and entering the other country with their passport. Its not very strict, i think if your caught your just asked to choose one and revoke the other. Other countries are usually ok with dual citizenship so Kuwaitis will choose the kuwaiti, then go back and get the other passport again. There are ways around it.
@@AhmadAlAjeel I think your parameter of wanting not too far from Europe and excluding the Caribbean is a stretch. Europe is really the tax capital of the world due to how many free benefits the European states give to citizens, tax is high. Don’t exclude Carribean in that case you might want to look at what the tax incentives are like in Asia, but those citizenships are known for being notoriously hard to get so you might want to look at low tax for when you are in the country and won’t tax you when you I’ve outside. So I’d say look at Singapore or the lowest tax you can get in Europe, but that citizenship will certainly be an interesting journey to obtain. Your net worth should help though
What if I don't have 500000.00$
I'm retired living in Canada 🇨🇦 with a half decent bank account and a fairly nice pention .how can I get help with a second passport?
You may not need a 2nd passport. There are retirement/pension visas
I would like panama
@@GodDieux thank you
@@danielcaissie1207 If you are retired all you have to show is either a government pension ( like social security, military, or pension from work). For one person it is $1,000 Us and $250 a month per each dependent. Panama is a territorial based taxation system. So, you can't actively work in a business in Panama if you want to continue to make money independent of your pension. However, if you have an online or virtual business and don't sell directly to anyone in Panama then you can do that. One can own a business in Panama, but you can't directly work in it. Some people own restaurants and then hire locals.
@@mtngrl5859 thanks for the info 👍 🙏 😀
NEXT REVELATION
PASSPORT REVELATION
This analysis is warped and is geared exclusively to nomad travelers trying to escape taxation. Put that issue aside for a moment, and tell me that if you get thrown in jail in Mexico for some BS allegation like drunk in public, do you want to be a US citizen or a citizen of Singapore? Being a US citizen in these situations is far more preferable. In fact, just telling the local Mexican cops that you want to speak immediately to the US Embassy or consulate often makes them back off. For God's sake, the FBI has field offices all over the world. And you prefer to flash your crappy Singaporean or Caribbean passport in these situations? Have at it. It's not all about tax evasion.
Seems like you played this out in your head pretty well.
We were told we have the best passport, schools and hospitals, ok? Don't spoil our daydream, we rate other countries by big mac index and hollywood movies.
Nice video!! Very engaging from the beginning to the END., I'm new to crypto trade and I have been making huge losses but recently see a lot of people earning from it. Can someone please tell me what I'm doing wrong
Based on my ranking my US passport is the most powerful, as a US citizen I'm so glad the US government is taking a good cut in taxes from the upscale class
@@elvinsimon5008 Japan has more :/
I mean you don’t have another passport to judge properly, so yeah, in your case it’s the ONLY option you have and thus the best one specifically for you
if your so successful why do you loose your time on youtube lol
Well, I sort of don’t agree to a certain point on why your government wouldn’t follow you to tax your income while working abroad. When you are back to the country, you will use its amenities, roads, hospitals, shops, benefit from its health insurance and when you retire you are paid thereafter monthly to keep living well. Even while you are abroad you are still a citizen of that country. Ask a person with a passport from a country listed as the number 102 ranked on Henley Passport Index, and you would wish that you were taxed and followed when abroad, so one day when you return to it you live a good life and enjoy its benefits as a citizen in your country, and don’t have to deal with spending all your savings you earned because your government never thought of you or felt you existed while you were abroad! You don’t know how good your current citizenship is until you lose it’s privilege! Also being millionaires or billionaires, I find it rather funny when you have all this money 💰 and look for countries to not be taxed to earn more and more. You have a duty towards your country because this is where you originally made all your money from and benefited from its wellbeing.
@@patienceisalpha Why wouldn’t you pay? These are services your government is providing to you and everything comes with a price. Countries that have never taxed their citizens are currently thinking of taxing them. Dubai introduced VAT, have social security taxes on citizens so has Saudi, Kuwait and many more on the way. In addition to rental taxes, 5% of their annual rent in Dubai. Also, tourism fees and other service charges on imports and exports. As such, you will pay the country’s taxes no matter what form they come from. They seem hidden to lure you to the place but once there enjoy being taxed ;) Running away to other countries does not prevent you from paying it’s other different forms of taxation.
@@patienceisalpha You are right! Am talking about being a resident and/or holding a citizenship where one thinks that tax is non existent. Maybe you mis-understood my comments!
@@bassamal-kaaki3253 let me guess you are a gov employee
@@JD-gv4uz Not at all, have nothing to do with governmental jobs. I am a into Marketing and data science. My words are of a citizen of this world that sees things from a righteous perspective rather than greed and wanting to make more money without being taxed, yet at the same time wanting to use all the services my country is providing for free.
Bootlicker, the government won't give a shit about you other than how much they can take from you.
The us passport is the best 😉 don't get fooled