Are you ready to see luxury living in Madrid, Spain at its finest (and to learn more about the Beckham law and pathway to Spanish citizenship)? Live Like a King in Madrid is here: th-cam.com/video/0Y9HskItx60/w-d-xo.html
Nauru!!! The island with the highest GDP per capita in 70s because of some mines and they achieved to destroy all the their capital and become the most obese country in the world.
For New Zealand visa, Nauru investor passports are unacceptable, and visas will not be endorsed in them. This is the official version of the New Zealand Government since 8th April 2013.
I got mine in Dominica back in 2022 and I'm glad I did. Even though they lost access to the UK and Ireland, it's still a good passport. I can live in all of the OECS countries and most of the CARICOM countries if I need to. The prices are now doubled and I probably wouldn't be willing to pay the increased cost if thinking about doing it today.
I want Dominica citizenship but I am not wealthy enough for this program so I may have to do it the old fashioned way through residency instead. Or st Lucia. But I'd love second citizenship since I'm not staying in the US anyway
The problem I have experienced with Nauru is that they NEVER respond to you. RARELY. And if they ever do, it would be many months later if not years, and the chances of getting what you want from them are not what you need. For example, I want an orange. You get an apple. Or other people's oranges. Why aren't they advanced enough to use technology? NOBODY RESPONDS. Their current website is 2020. There is NO WAY to contact them. Good luck in dealing with Nauru. Next to impossible. As for NZ and AUS with visa-free, yes, they do. Australia handles their money, too.
Nice addition to the list of possibilities. Looking forward to all the obligatory articles on the Nomad Capitalist website for Nauru banking, beaches, taxes, etc. Thanks.
Hey, I’m an Egyptian living in Cairo ,and I’d love to just say welcome to Egypt. I hope you’re having a fine time. I’d be interested if there is a specific reason you’re here. Regardless, Enjoy the cradle of civilization!
Desperation seems to pervade all of Nauru. High unemployment is endemic. With few restaurants and only a handful of hotels, Nauru has little tourism. Landing by air the island looks alluring; up close, you find rusting cars, rundown houses, and rotting garbage. Nauruan homes are very basic and often seem partly built. Rubbish litters roads and yards, while decades-old infrastructure is broken and left to decay.
almost all of it was rubles from the Soviet era collapse and laundered in Nauru before heading to New York city - not sure what denominations? Then the whole laundry was dismantled overnight !
@autonomous_collective nice to know; but for someone who only wants the passport, that's sort of a moot issue; hell, I'd take a SOMALI passport if the price were low enough.
A little more money I would prefer Dominica or St Kitts or Argentinian which is much better as my 4th passport. I already have Italian, American and Venezuelan passports
You might find this article on the best Citizenship by Investment programmes helpful: nomadcapitalist.com/global-citizen/second-passport/best-citizenship-by-investment-programs/. With such a diverse collection of passports, adding Dominica, St Kitts, or even exploring unique options could be an excellent move. Feel free to reach out, our team would be happy to assist: nomadcapitalist.com/apply/
I considered Pacific islands for retirement for years. I landed in Ecuador. Why? Pacific islands are slowly being flooded with sea water due to climate change. Some islands are being abandoned because people can no longer survive there. You can't grow food on land where seawater invades. The need for resupply has grown exponentially across the Pacific. You can think about your portfolio all want but when you're dying of thirst and hunger, you'll find you cant eat money.
It looks like Malta's citizenship is 5 years and you can buy for 700k euro OR (big or) rent 1,600 euro flat for an annual lease for 5 years. No one said you can just rent for 5 years to become a citizens! Also 10k euro in charity donations, but that's not bad
Ecuador is cheaper. Invest 45k into a Banco Pichincha CD and leave it for two years, collecting 9% interest, become a resident and continue the process onto citizenship.
Thank you for commenting. You may find this article of interest How to Pay Zero or Low Taxes in Ecuador: nomadcapitalist.com/global-citizen/how-to-pay-zero-or-low-taxes-in-ecuador/
You might find this article on The Best Citizenship by Investment Programmes interesting: nomadcapitalist.com/global-citizen/second-passport/best-citizenship-by-investment-programs/
Republic of Nauru (correct name) and formerly known as Pleasant Island, is an island country and microstate in Micronesia, part of the Oceania region in the Central Pacific. Its nearest neighbor is Banaba of Kiribati about 300 km (190 mi) to the east.
On the Nomad Capitalist R&D channel, we covered the 'Best African Cities for Nomads' which you can watch here: th-cam.com/video/KQ6L4xmCMR0/w-d-xo.htmlsi=zEBmwLvlzqGgmC7i
Minute 8:20: I fear that this could be one of the biggest risks for an emigrant, regardless of which new state it is: if it gives its passport to Iranians etc., then many other countries will probably soon restrict visa-free entry for citizens of this country, because they will certainly be thinking about the possibility that terrorists could abuse such a citizenship program. Is there any reliable information on this?
Thank you for your comment. Depending on your personal situation, there may be strategies to help optimise your tax outcomes, even with significant US investments. Feel free to reach out to our team for personalised assistance: nomadcapitalist.com/apply/
Damn, I really don't like the plan C or D opportunities but the Plan A and some of the B opportunities are either not available to me or if they are, they come with problems that erase any benefit they had. It seems almost impossible for me to come up with one adequate backup passport to have.
Thank you for sharing your thoughts! Our team specialises in helping people navigate these complexities. If you’d like to explore what will work best for your situation, feel free to reach out. We'd be happy to help: nomadcapitalist.com/apply/
You cant be serious about Nauru? Its a basketcase country that for all intents and purposes will likely soon not exist. They have completely destroyed their island with phosphate mining and most citizens have left. Nauru has been offering passports to foreign since the 90's.
On Nomad Capitalist R&D, we cover potential moves by France and the Netherlands to implement United States-style taxation on citizens no matter where they are in the world: th-cam.com/video/gmAEwNjmNBk/w-d-xo.html
If you are NOT a US citizen then you ARE NOT OBLIGATED to inform the US Govt. of anything. If you are a US citizen, then you must report to the IRS of any accounts. Be sure to not deposit over 10K in any accounts/s combined or you will be taxed. AND just because you report it to the IRS does not mean that you will owe tax's unless you made deposits total combined accounts over 10K. OR you made this money 'in Mexico'. If you made this money 'in' Mexico then you will pay tax's to Mexico, not to the USA. You will NOT pay tax's twice..The US just wants to know everything about every citizen because they tax WORLD WIDE. Lots of people think, "it's my money in a foreign bank and I dont have to report to the US Govt".....***DO NOT MAKE THIS MISTAKE, IT WILL COST YOU A BOAT LOAD OF FEES***. The banks in Mexico have a reciprocal agreement with the US and Mexico is now 'required to report any accounts to the US Govt.' This agreement was made between the 2 countries in the 80's because Americans were money laundering and not paying tax's on money deposited in Mexican Banks. Oh...the good ol' days are gone. lol. Educate yourself, look up FBAR. Learn clearly all about FBAR so you dont get hosed by the IRS.
@@kellyname5733 Not just Mexico - it'sa worldwide system called Compulsory Reporting Standard. Everything gets reported. Do yourself a favour and google it
We touch on this at the 03:32 mark. However, specific details, such as whether married siblings qualify, are still being clarified. If you'd like our assistance, feel free to reach out: nomadcapitalist.com/apply/
As per usual with danger statistics I’d say it depends on how you live. If it’s measured in casualties per capita I could see that, but you or I probably wouldn’t live like the average Vanuatuan
@@jancovanderwesthuizen8070 no amount of money will protect you from earthquakes or hurricanes or volcanos it may protect you from other issues that are manmade .
Thank you for your question! The best second passport depends on your personal preferences, such as tax advantages or visa-free travel. Our team would be happy to help create a tailored plan for you. Feel free to reach out: nomadcapitalist.com/apply/.
@@TechWithAdil mexico in almost all cases. Richer country. Hotter country. Better food. They speak spanish 3rd mist spoken language in the world i think. As for how many countries you can go to i dont know but my guess would be mexico as well. All i know is serbia is a neutral country where people will leave you and your business alone for the most part but you're still in europe in the middle of the worst place on the planet so yea mexico wins in almost all aspects. Also mexico has no extradition meaning if a country wants to take you to put you in prison they can't come get you in mexico nor get you private info i think. Serbia might be like that too idk
Serbia over Mexico when you value European nations closeby and potentially a Passport that can get EU membership (thus making you able to move to all EU countries). Otherwise go for Mexico as it is a solid pick and close to USA.
then you'd have to spend a considerable amount of time living there, usually years and continuously renewing your residency permit... even then, you may not qualify for full citizenship, depending on the rules.
This is actually a really bad passport. The island barely livable on top of being hard to get to, can't even open an Interactive Brokers account with it, at least I cannot find it on the list of supported countries. Barely worth 20k and it's a plan X. 105k no. Just no.
Are you trading futures or forex? Where are you thinking of going? I’m scalping NQ futures but using prop firms, live in the UK atm but family members in Romania, Colombia, Germany, USA. I want to find another country with suitable conditions to make it my “home” for a while.
Are you ready to see luxury living in Madrid, Spain at its finest (and to learn more about the Beckham law and pathway to Spanish citizenship)? Live Like a King in Madrid is here: th-cam.com/video/0Y9HskItx60/w-d-xo.html
Well I know it's not Canada, because Canada has spent the last 10 years stopping anyone from wanting to invest here.
why would anyone want to be Canadian?
@Maxშემიწყალე no kidding. I am but wish I wasn't.
@@MaxშემიწყალეI wouldn't mind.
Then again, I'm American.
You guys have so much oil that you don’t need ‘em
Why not @@Maxშემიწყალე
Nauru!!! The island with the highest GDP per capita in 70s because of some mines and they achieved to destroy all the their capital and become the most obese country in the world.
@@emanuelet1366 Yeah, they strip mined the island for fertiliser to export. Rolling in cash then, broke now their resources are depleted.
I thought Tonga was the most obese country.
Eating processed foods will do that.
Not exercising will do that. There are Olympic athletes that have a big Mac every day. They're in better shape than you.
@kagakai7729 Eating a Big Mac everyday is the most unhealthy thing you can do to your body. You can be "in shape" but you won't be healthy
Nice! Thank you for the information!
You need to do a list of countries that allows you to trade and buy US stocks.
For New Zealand visa, Nauru investor passports are unacceptable, and visas will not be endorsed in them. This is the official version of the New Zealand Government since 8th April 2013.
You arent welcome in New Zealand anyway
I got mine in Dominica back in 2022 and I'm glad I did. Even though they lost access to the UK and Ireland, it's still a good passport. I can live in all of the OECS countries and most of the CARICOM countries if I need to. The prices are now doubled and I probably wouldn't be willing to pay the increased cost if thinking about doing it today.
How much did you pay
I want Dominica citizenship but I am not wealthy enough for this program so I may have to do it the old fashioned way through residency instead. Or st Lucia. But I'd love second citizenship since I'm not staying in the US anyway
Nomad Capitalist is The Best!
The problem I have experienced with Nauru is that they NEVER respond to you. RARELY. And if they ever do, it would be many months later if not years, and the chances of getting what you want from them are not what you need. For example, I want an orange. You get an apple. Or other people's oranges. Why aren't they advanced enough to use technology? NOBODY RESPONDS. Their current website is 2020. There is NO WAY to contact them. Good luck in dealing with Nauru. Next to impossible. As for NZ and AUS with visa-free, yes, they do. Australia handles their money, too.
maybe they want you to actually go there and decide if you like their country. As a place to LIVE not just buy a passport
Nice addition to the list of possibilities. Looking forward to all the obligatory articles on the Nomad Capitalist website for Nauru banking, beaches, taxes, etc. Thanks.
Thanks for watching!
Brisbane Australia 🇦🇺 or Nadi Fiji 🇫🇯 will be your best transit options to get to Nauru 🇳🇷. The island has its own airline called Nauru Airlines
Hey, I’m an Egyptian living in Cairo ,and I’d love to just say welcome to Egypt. I hope you’re having a fine time. I’d be interested if there is a specific reason you’re here. Regardless, Enjoy the cradle of civilization!
During the 1990s, Nauru became a haven for tax evasion and money laundering, with tens of billions of dollars of criminal profits washing through it.
Desperation seems to pervade all of Nauru. High unemployment is endemic. With few restaurants and only a handful of hotels, Nauru has little tourism. Landing by air the island looks alluring; up close, you find rusting cars, rundown houses, and rotting garbage. Nauruan homes are very basic and often seem partly built. Rubbish litters roads and yards, while decades-old infrastructure is broken and left to decay.
almost all of it was rubles from the Soviet era collapse and laundered in Nauru before heading to New York city - not sure what denominations? Then the whole laundry was dismantled overnight !
@autonomous_collective nice to know; but for someone who only wants the passport, that's sort of a moot issue; hell, I'd take a SOMALI passport if the price were low enough.
Thank you for educating everyone who are going to go where they are treated best!
Our pleasure!
A little more money I would prefer Dominica or St Kitts or Argentinian which is much better as my 4th passport. I already have Italian, American and Venezuelan passports
You might find this article on the best Citizenship by Investment programmes helpful: nomadcapitalist.com/global-citizen/second-passport/best-citizenship-by-investment-programs/. With such a diverse collection of passports, adding Dominica, St Kitts, or even exploring unique options could be an excellent move. Feel free to reach out, our team would be happy to assist: nomadcapitalist.com/apply/
How you can get 4 passport is it legal?o@@nomadcapitalist
Wow how did you do that??
@@swimboyfreemoney
This might make a great 5th passport once I renounce my us citizenship. So far I have Guatemala, United states, Spain, Norway, and El salvardor
I considered Pacific islands for retirement for years. I landed in Ecuador. Why?
Pacific islands are slowly being flooded with sea water due to climate change. Some islands are being abandoned because people can no longer survive there. You can't grow food on land where seawater invades. The need for resupply has grown exponentially across the Pacific. You can think about your portfolio all want but when you're dying of thirst and hunger, you'll find you cant eat money.
Ecuador is getting destroyed by the Mexican cartel 😢
Climate change is about as real as Santa Klaus
It looks like Malta's citizenship is 5 years and you can buy for 700k euro OR (big or) rent 1,600 euro flat for an annual lease for 5 years. No one said you can just rent for 5 years to become a citizens! Also 10k euro in charity donations, but that's not bad
Do you have to live in Malta for 5 years?
This option requires a donation of €98,000 to the government and €2,000 to an NGO
Ecuador is cheaper. Invest 45k into a Banco Pichincha CD and leave it for two years, collecting 9% interest, become a resident and continue the process onto citizenship.
Thank you for commenting. You may find this article of interest How to Pay Zero or Low Taxes in Ecuador: nomadcapitalist.com/global-citizen/how-to-pay-zero-or-low-taxes-in-ecuador/
I really like your style, that last bit, was AWESOME.
I hope north Macedonia at Chile will bring back it's cbi program. I wish that Solomon island and Ghana will soon launch it's cbi program on 2025.
You might find this article on The Best Citizenship by Investment Programmes interesting: nomadcapitalist.com/global-citizen/second-passport/best-citizenship-by-investment-programs/
I think chile does still have it, but its $500 000
Nauru are hosting an Australian immigration detention centre.
Good. So they have money now
@@ranjithpowell6791 Perhaps they could get a US contract too.
Not as big of an industry as it should be
Australia was a detention center originally.
@@boricuabrotheir gov still thinks it is 😂
Brilliant discussion
Excellent Analysis
Thank you Sir
I agree!!
I love your work, and I always love listening to you Andrew
well said!!!
Thank you for the kind words!
Great video, very exciting
Thanks, very interesting 😊
Republic of Nauru (correct name) and formerly known as Pleasant Island, is an island country and microstate in Micronesia, part of the Oceania region in the Central Pacific. Its nearest neighbor is Banaba of Kiribati about 300 km (190 mi) to the east.
Make more videos in Africa cities!
On the Nomad Capitalist R&D channel, we covered the 'Best African Cities for Nomads' which you can watch here: th-cam.com/video/KQ6L4xmCMR0/w-d-xo.htmlsi=zEBmwLvlzqGgmC7i
Great video very informative.
Minute 8:20: I fear that this could be one of the biggest risks for an emigrant, regardless of which new state it is: if it gives its passport to Iranians etc., then many other countries will probably soon restrict visa-free entry for citizens of this country, because they will certainly be thinking about the possibility that terrorists could abuse such a citizenship program. Is there any reliable information on this?
Most CBIs restrict Iranians and other sanctioned nationalities.
As the economy get worst more countries will need cash and will offer more programs for lower cost and other will lower cost to too be competative
Yes😂😂where the heck is Nauru?
What do you do with UHNWI that has most of their investments in the U.S.? No tax benefits available right?
Thank you for your comment. Depending on your personal situation, there may be strategies to help optimise your tax outcomes, even with significant US investments. Feel free to reach out to our team for personalised assistance: nomadcapitalist.com/apply/
What if you have J plan
Damn, I really don't like the plan C or D opportunities but the Plan A and some of the B opportunities are either not available to me or if they are, they come with problems that erase any benefit they had. It seems almost impossible for me to come up with one adequate backup passport to have.
Thank you for sharing your thoughts! Our team specialises in helping people navigate these complexities. If you’d like to explore what will work best for your situation, feel free to reach out. We'd be happy to help: nomadcapitalist.com/apply/
You cant be serious about Nauru? Its a basketcase country that for all intents and purposes will likely soon not exist. They have completely destroyed their island with phosphate mining and most citizens have left. Nauru has been offering passports to foreign since the 90's.
Could you guys make a video on the Netherlands ?
On Nomad Capitalist R&D, we cover potential moves by France and the Netherlands to implement United States-style taxation on citizens no matter where they are in the world: th-cam.com/video/gmAEwNjmNBk/w-d-xo.html
@@nomadcapitalist thanks! I'm from the Netherlands is this is my concern
If I open a Mexican bank account with Mexican citizenship while living in the US do I need to report that account to the IRS?
yes. if you have us citizenship, they want the info.
If you are NOT a US citizen then you ARE NOT OBLIGATED to inform the US Govt. of anything. If you are a US citizen, then you must report to the IRS of any accounts. Be sure to not deposit over 10K in any accounts/s combined or you will be taxed. AND just because you report it to the IRS does not mean that you will owe tax's unless you made deposits total combined accounts over 10K. OR you made this money 'in Mexico'. If you made this money 'in' Mexico then you will pay tax's to Mexico, not to the USA. You will NOT pay tax's twice..The US just wants to know everything about every citizen because they tax WORLD WIDE. Lots of people think, "it's my money in a foreign bank and I dont have to report to the US Govt".....***DO NOT MAKE THIS MISTAKE, IT WILL COST YOU A BOAT LOAD OF FEES***. The banks in Mexico have a reciprocal agreement with the US and Mexico is now 'required to report any accounts to the US Govt.' This agreement was made between the 2 countries in the 80's because Americans were money laundering and not paying tax's on money deposited in Mexican Banks. Oh...the good ol' days are gone. lol. Educate yourself, look up FBAR. Learn clearly all about FBAR so you dont get hosed by the IRS.
@@kellyname5733 Not just Mexico - it'sa worldwide system called Compulsory Reporting Standard. Everything gets reported. Do yourself a favour and google it
@@kellyname5733 and FBAR is nonsense - FACTA will catch y'all. Land of the Free (not).
nice!
True, Egypt can absolutely be a plan "F" 😅
Egypt could also be a Plan D or E, and better yet, it could be a free citizenship: th-cam.com/video/gJvabNOpdm0/w-d-xo.html
Welcome in Egypt 🇪🇬
Is a brother considered a family to a citizenship by investment??
We touch on this at the 03:32 mark. However, specific details, such as whether married siblings qualify, are still being clarified. If you'd like our assistance, feel free to reach out: nomadcapitalist.com/apply/
How about a list of countries that wouldn't stop collecting Social Security. And not top trading u.s. equities and crypto. And has internet access?
Narau leaders couldn't pass their own due diligence.
Isn't Vanuatu the world's most dangerous country in terms of natural disasters/hazards?
As per usual with danger statistics I’d say it depends on how you live. If it’s measured in casualties per capita I could see that, but you or I probably wouldn’t live like the average Vanuatuan
its because the country is so small a big storm will affect the entire country while in normal sized countries it will only affect certain regions .
@@jancovanderwesthuizen8070 no amount of money will protect you from earthquakes or hurricanes or volcanos it may protect you from other issues that are manmade .
Not only that. Would you live there, or just be a Citizen?
Hello???
Naru or Navi?
He wrote Nauru in the video spelled n a u r u.
Nauru.
I am Seychellois with a Seychelles passport what second passport can you advice me on.
Thank you for your question! The best second passport depends on your personal preferences, such as tax advantages or visa-free travel. Our team would be happy to help create a tailored plan for you. Feel free to reach out: nomadcapitalist.com/apply/.
FYI Barbados is way more superior than St Lucia. But anybody can't get a bajan passport.
Do you recommend a similar service to yours for people that are $100,000-$499,000 / year earners with a similar mindset?
If you in to crypto what citizenship you recommend?
In this article we talk about the most friendly crypto countries: nomadcapitalist.com/finance/cryptocurrency/most-crypto-friendly-countries/
Mexico vs Serbia which passport would you recommend?
Mexico.But it depends on what you want out of life
@ for traveling
@@TechWithAdil mexico in almost all cases. Richer country. Hotter country. Better food. They speak spanish 3rd mist spoken language in the world i think. As for how many countries you can go to i dont know but my guess would be mexico as well. All i know is serbia is a neutral country where people will leave you and your business alone for the most part but you're still in europe in the middle of the worst place on the planet so yea mexico wins in almost all aspects. Also mexico has no extradition meaning if a country wants to take you to put you in prison they can't come get you in mexico nor get you private info i think. Serbia might be like that too idk
Serbia over Mexico when you value European nations closeby and potentially a Passport that can get EU membership (thus making you able to move to all EU countries). Otherwise go for Mexico as it is a solid pick and close to USA.
@@matthiasek Mexico also has European access and even UK
Yes they can transit fron nz nd aus
IT'S NAURU
What about if I have no money
🥰
Then it's UK for you.
@@eliotgoodfellow7294 Doesn't work for me - Englishman!
then you'd have to spend a considerable amount of time living there, usually years and continuously renewing your residency permit... even then, you may not qualify for full citizenship, depending on the rules.
trace your family tree, or live in a country until you're a permanent resident
Mexican/US border before Biden gets out.
Secondly they have made it clear not taking such nationalities
Can’t wait to leave Canada
This is actually a really bad passport. The island barely livable on top of being hard to get to, can't even open an Interactive Brokers account with it, at least I cannot find it on the list of supported countries.
Barely worth 20k and it's a plan X. 105k no. Just no.
Are you trading futures or forex? Where are you thinking of going? I’m scalping NQ futures but using prop firms, live in the UK atm but family members in Romania, Colombia, Germany, USA. I want to find another country with suitable conditions to make it my “home” for a while.
Very interesting 🇳🇷. Visa free to Russia, the UK, Panama, South Korea, and about 76 others via free or on arrival. It's not too bad.🤔
What do you mean Visa free to Russia?
@@karlgreene2177 travel to Russia without a visa, I would assume
Specifically no Shengin or UK or IR...jesus listen
Republic of Nauru
Did you ever review Namibia?
Mr Henderson speaks about Namibia in this video More Places to Live for $1,000 per Month in Africa: th-cam.com/video/oh4vnHG7hI8/w-d-xo.html
@@nomadcapitalist thx
Always state clearly if it is donation or investment??????
Nauru’s citizenship programme is donation-based.
I didn’t want to join the military which is why I did not become Italian.
Please explain. TY
@ nope
@@melissamelissa2603 😂
Thanks but no thanks
Could you help me please .❤
We'd be happy to help. www.nomadcapitalist.com/apply/
Even 100K is way too expensive 😂🙄
👍🏻
Ellen’s leaving because she hast to do to her alignment with Diddy!
Nauru voted against the right of the Palestinian people to self determination. What a horrible country.
They barely have any people and the few they have are poor and ignorant.
Hamas voted against it too. Israel was proposing this for decades until Oct 7
tell us some asian passports. no one wants to come to the west .
Asia’s ONLY Citizenship by Investment: th-cam.com/video/aVFEpa0IRjo/w-d-xo.html
Are gay couples accepted or is it like the rest of the South Pacific programs?
What about gay couples, married and unmarried?
What about them?