@@scienceoffinance1778 Taiwan is China. It's the same as Hong Kong, you have to become a Chinese national. Yes foreigners qualify if they are very, very, very wealthy. A foreigner cannot get Chinese nationality (passport) through marriage.
@@infiad1275 What you BELIEVE is not instantly going to make you a TAIWANESE! Please do your research there are many English speaking immigration lawyers in Taiwan.
citizenship by descent is mentioned so often, but you cannot stress it enough: always seach your anchestry up to grandparents and great grand parents. you might dig up something useful. citizenship by descent is usually a free road to dual citizenship too.
Most lists only factor in tourism, completely disregarding work. Why don't people make lists on serious metrics such as legality of working (Schengen Zone, Trans-Tasman, CTA, etc.)? Just because a passport gives visa-free access to a country doesn't permit one to work. When ranking passports on right to work, live and move, all Schengen Zone member states' passports should automatically jump to the top of the list as they grant the rights to live, work and do business in the largest number of countries at once without a visa or permit. Whilst traveling, I've seen a few people arrested for working online whilst in a country as a tourist; police were ID checking everyone at a hotel business centre and lounge to check that they had the correct visas or other right to work - sure its rare when a person is working online only but it does happen, especially when people use hotel wifi or business centres for work.
@@arthursondheim2255 I can't go into details as I only know what I saw and what I've personally experienced. Note that these things didn't all happen in the same year, it was over about a 10 year period, so not often but still relevant and when it happened in Central Europe it was 2018. I've seen it happen in France (at a hotel business centre), a few countries in Central Europe (at a lunch spot the locals frequent - a friend recommended it to me whilst I was there) and the Baltic States (at a hotel lounge and at a hotel business centre), the UK (at a hotel business centre), Singapore (at a hotel lounge). Basically it can happen anywhere. When a country is either trying to stop illegal work (I'm guessing its usually based on tips and other intel) or when they assume that illegal work is happening but the only way to prove it is to check ID's and see what people are doing. Its nothing to worry about as if you either have the correct visa, other official entitlement to work (some Commonwealth Countries have some agreements that permit some limited work without a visa for their citizens when in certain other Commonwealth countries), or happen to be a citizen of that country or (if within the Schengen Zone) a citizen of a Schengen country you won't be breaking the rules. Just remember, if you enter a country as a tourist DON'T do ANY work and you'll be fine. Every time I've seen these checks being done and some arrests being made I've never had an issue as I have a passport from an EU country within the Schengen Zone, a passport from a Commonwealth nation, a passport from a small country that's little heard of, and, I only work in countries that I have the legal right to do so. When I was traveling in Central Europe I was working over lunch at a local lunch spot, the police came in and politely asked for ID's from anyone they saw working (laptop, tablet, forms, etc. visible), I simply showed my passport from a country within the Schengen Zone and I was fine as my passport being from a country within the Schengen Zone (the same country that I have a passport from) permits me to work and live in the Schengen Zone. It was one of the only times I've ever been told "sorry for the inconvenience" by the police, usually I just get my ID/Passport handed back to me and they walk away from me in other countries. When I was traveling in the Baltic States I was doing some work over lunch at the hotel lounge, some guy was on his laptop using the hotel wi-fi. When the police checked ID's everyone could hear the police telling a guy that he was a tourist and not permitted to work and that he was working illegally and that just because work is being done online doesn't mean its not work. They arrested him and that was all I know of that. When I was in Singapore I was having tea at the hotel lounge with those I was traveling with when the police did their ID checks - had no issue as it was obvious we weren't working unlike the guys 4 tables over who were clearly working and who didn't have visas (it was easy to over hear the arrest as the place was quiet and the policeman spoke rather loudly the moment he placed them under arrest). People forget that hotels and business centres are still bound by the same rules as anywhere else in whatever country they're in. Most places expect people to understand that a business centre is for work and should a person only want to check emails, they should be very clear about that when inquiring about access and use of a business centre. Also people need to remember that hotels will monitor their business centres and wi-fi to ensure that only those permitted to work perform work - serious penalties can apply to hotels that let people work illegally. All nomad capitalists need to always play by the rules. When people don't and countries catch them, they'll get in serious trouble and the rules will tighten for everyone else. Its literally the old "one person ruins it for everyone else"!
@@arthursondheim2255 Regarding your thought experiment: Generally speaking, most entrepreneurs and executives that are traveling usually get the required work permits so they can travel, their country can sometimes have an agreement that permits a certain number of days of work without a visa, or as is more commonly the case, they have the rights to work where they travel without a visa (passport, etc.). Some CBI agents (usually lawyers) now offer the facility for companies to purchase citizenship by investment for directors and executives. Most companies these days who require staff to travel for work, will give hiring priority to those with an EU passport (especially from within Schengen) and those with one or two other passports. Basically the more a person can legally travel and work without the company having to get work visas, the better your chances of getting hired are (providing you're qualified for the job). As for the individual, most have the rights to work where they travel (as most people these days have an EU passport) - sure some might risk working without authority but they also risk travel bans, jail and they risk ruining it for the rest of us who do nothing wrong. Gone are the days of governments turning a blind eye to tourists doing some work - the more they seek taxes and the more they want to be seen to be tough of border security and crime, the more they monitor and look for those breaking the rules. To be honest, the things you mentioned can either be automated, wait until you get back or can be done air-side at most airports (one of the few places people can work with minimal issue as airside is technically both in the country and not at the same time (just make sure you're allowed to transit without restriction). When using hotel, airport or public wi-fi, one should always use a good non-logging VPN whilst adhering to all the rules of a tourist. Some parts of Europe even go as far as requiring those without work rights to present ID against which they wi-fi access is logged when using hotel and cafe wi-fi. I know that when I travel, I only travel where I can work. The few times I travel anywhere I can't work, I make sure I'm 100% a tourist and catch up on work once back somewhere I can work. Disconnecting from work is great - too many people never take a holiday away from work!
South Korea does allow for dual citizenship for those originally born in Korea but emigrated to another country such as the US and gave up their Korean citizenship. At age 65, such a person can request their Korean citizenship back and then be a dual citizen. A spouse of such a person may then apply for Korean citizenship under their spouse and also be a dual citizen. Some sort of proof of income (like retirement income) is required but I do not have those details at this time.
Funny how other countries demand you learn the language in order to become a citizen. But when we demand it in America we are called racist. All my grand parents came here... I'm second generation American. So why don't we see Italian and French pamphlets, signs and what not? No we see Spanish... Want to read and speak in Spanish? Move to a Spanish speaking country.
I would like to hear about this factor: how long can you stay in a country as a tourist. For example, my German friend can stay in Albania for three months. With my U.S. passport, I can stay in Albania for one year.
Dutch passport is not one you want it will not allow dual citizenship if you have one move to Portugal for 5 years get that and move on to getting more pasports
Why is Switserland not on this list? Especially for EU citizens the best tax option. Of course cost of living is high. But you could live right on the border and do your groceries in Italy or France, for less.
you said why already: it is ususally an option for EU citizens only. as non eu cititzen it is a pain in the butt to get residence permit. for swiss citizenship: naaah forget it, procedure is difficult. some requirements will be waived if you are married to a swiss citizen; otherwise it may take ~10 years.
Germany is in the process of changing waiting time for the passport to only three years. Many crypto companies are in Berlin and use a kind of foundation setup for tax purposes. It is also easy to get a residency permit. So, if you do not intend to spend much money for personal purposes within the 3 years you won't pay much taxes, then you can get the citizenship easily, and then move to any Schengen country, or live in tax friendly countries (Germany cannot tax you while you are not a resident, however this may change in the future). These measures were announced by the new government that came to power only about 2 months ago...
Andrew - Why do you never mention that if you have a Caribbean CBI you could live in the Bahamas (tax friendly is it not?) This according to my research is a possibility under the Caricom provisions and isn't living in the Bahamas is a low tax environment? --- I really need to know as I actually do have a Caribbean CBI --
Just love the dream about to move around the world with a fortune, without any obligation or duties to any fellow citizens, nation or community, and pay as less taxes as possible. Freedom without responsibility to anyone except yourself and your wallet!
What about put the time in, in Malta 🇲🇹 . Then moved to Ireland 🇮🇪 as your tax residence? I would also have Turkey 🇹🇷 and Grenada 🇬🇩, so I be visa free almost everywhere, cause when I wasn’t in Ireland I would be traveling A-LOT….
Like you I think a fair tax is okay but socialism, liberalism have the idea to redistribute the wealth to people who have not earned the money. I don't mind aiding someone down on their luck briefly but to the people who think they can take advantage of the system I have no respect for them. An incentive to get off is missing in these liberal countries. I don't have much money but would like to get a second passport eventually. So, I like watching your informative videos so when I am ready I will get yourhelp
How much time do you actually have to spend in Malta under the 1 year option? I understand the donation/real estate requirements, but haven't been able to find the answer to this question.
He's already done something pretty similar. Essentially, stay away from blue Democrat ran states/ cities. But ultimately you'll want to leave the mainland for the greatest savings via relocation. 🤷♂️
Could you please do a video for best countries for young retirees with taxes in mind for pensioners who recieve from their home countries. Love your videos im from bahrain a country you covered briefly on your videos
If you could have any passport, which would you choose?
Maltese Passport
Lichtenstein
Is Taiwan Good?
@@scienceoffinance1778 Taiwan is China. It's the same as Hong Kong, you have to become a Chinese national. Yes foreigners qualify if they are very, very, very wealthy. A foreigner cannot get Chinese nationality (passport) through marriage.
@@infiad1275 What you BELIEVE is not instantly going to make you a TAIWANESE! Please do your research there are many English speaking immigration lawyers in Taiwan.
citizenship by descent is mentioned so often, but you cannot stress it enough: always seach your anchestry up to grandparents and great grand parents. you might dig up something useful.
citizenship by descent is usually a free road to dual citizenship too.
Oh.. I'm looking at irish and german citizenship by decent, wonder if I have cousins in those countries from our great grandparents family members.
Yay, Cyprus is on the list 🙏🏼
I have been working on citizenship by naturalization in cyprus for the past 3 years 😁
Most lists only factor in tourism, completely disregarding work. Why don't people make lists on serious metrics such as legality of working (Schengen Zone, Trans-Tasman, CTA, etc.)?
Just because a passport gives visa-free access to a country doesn't permit one to work. When ranking passports on right to work, live and move, all Schengen Zone member states' passports should automatically jump to the top of the list as they grant the rights to live, work and do business in the largest number of countries at once without a visa or permit.
Whilst traveling, I've seen a few people arrested for working online whilst in a country as a tourist; police were ID checking everyone at a hotel business centre and lounge to check that they had the correct visas or other right to work - sure its rare when a person is working online only but it does happen, especially when people use hotel wifi or business centres for work.
@@arthursondheim2255 I can't go into details as I only know what I saw and what I've personally experienced. Note that these things didn't all happen in the same year, it was over about a 10 year period, so not often but still relevant and when it happened in Central Europe it was 2018.
I've seen it happen in France (at a hotel business centre), a few countries in Central Europe (at a lunch spot the locals frequent - a friend recommended it to me whilst I was there) and the Baltic States (at a hotel lounge and at a hotel business centre), the UK (at a hotel business centre), Singapore (at a hotel lounge).
Basically it can happen anywhere. When a country is either trying to stop illegal work (I'm guessing its usually based on tips and other intel) or when they assume that illegal work is happening but the only way to prove it is to check ID's and see what people are doing.
Its nothing to worry about as if you either have the correct visa, other official entitlement to work (some Commonwealth Countries have some agreements that permit some limited work without a visa for their citizens when in certain other Commonwealth countries), or happen to be a citizen of that country or (if within the Schengen Zone) a citizen of a Schengen country you won't be breaking the rules.
Just remember, if you enter a country as a tourist DON'T do ANY work and you'll be fine.
Every time I've seen these checks being done and some arrests being made I've never had an issue as I have a passport from an EU country within the Schengen Zone, a passport from a Commonwealth nation, a passport from a small country that's little heard of, and, I only work in countries that I have the legal right to do so.
When I was traveling in Central Europe I was working over lunch at a local lunch spot, the police came in and politely asked for ID's from anyone they saw working (laptop, tablet, forms, etc. visible), I simply showed my passport from a country within the Schengen Zone and I was fine as my passport being from a country within the Schengen Zone (the same country that I have a passport from) permits me to work and live in the Schengen Zone. It was one of the only times I've ever been told "sorry for the inconvenience" by the police, usually I just get my ID/Passport handed back to me and they walk away from me in other countries.
When I was traveling in the Baltic States I was doing some work over lunch at the hotel lounge, some guy was on his laptop using the hotel wi-fi. When the police checked ID's everyone could hear the police telling a guy that he was a tourist and not permitted to work and that he was working illegally and that just because work is being done online doesn't mean its not work. They arrested him and that was all I know of that.
When I was in Singapore I was having tea at the hotel lounge with those I was traveling with when the police did their ID checks - had no issue as it was obvious we weren't working unlike the guys 4 tables over who were clearly working and who didn't have visas (it was easy to over hear the arrest as the place was quiet and the policeman spoke rather loudly the moment he placed them under arrest).
People forget that hotels and business centres are still bound by the same rules as anywhere else in whatever country they're in. Most places expect people to understand that a business centre is for work and should a person only want to check emails, they should be very clear about that when inquiring about access and use of a business centre. Also people need to remember that hotels will monitor their business centres and wi-fi to ensure that only those permitted to work perform work - serious penalties can apply to hotels that let people work illegally.
All nomad capitalists need to always play by the rules. When people don't and countries catch them, they'll get in serious trouble and the rules will tighten for everyone else. Its literally the old "one person ruins it for everyone else"!
@@arthursondheim2255 Regarding your thought experiment:
Generally speaking, most entrepreneurs and executives that are traveling usually get the required work permits so they can travel, their country can sometimes have an agreement that permits a certain number of days of work without a visa, or as is more commonly the case, they have the rights to work where they travel without a visa (passport, etc.). Some CBI agents (usually lawyers) now offer the facility for companies to purchase citizenship by investment for directors and executives.
Most companies these days who require staff to travel for work, will give hiring priority to those with an EU passport (especially from within Schengen) and those with one or two other passports. Basically the more a person can legally travel and work without the company having to get work visas, the better your chances of getting hired are (providing you're qualified for the job).
As for the individual, most have the rights to work where they travel (as most people these days have an EU passport) - sure some might risk working without authority but they also risk travel bans, jail and they risk ruining it for the rest of us who do nothing wrong.
Gone are the days of governments turning a blind eye to tourists doing some work - the more they seek taxes and the more they want to be seen to be tough of border security and crime, the more they monitor and look for those breaking the rules.
To be honest, the things you mentioned can either be automated, wait until you get back or can be done air-side at most airports (one of the few places people can work with minimal issue as airside is technically both in the country and not at the same time (just make sure you're allowed to transit without restriction).
When using hotel, airport or public wi-fi, one should always use a good non-logging VPN whilst adhering to all the rules of a tourist.
Some parts of Europe even go as far as requiring those without work rights to present ID against which they wi-fi access is logged when using hotel and cafe wi-fi.
I know that when I travel, I only travel where I can work. The few times I travel anywhere I can't work, I make sure I'm 100% a tourist and catch up on work once back somewhere I can work. Disconnecting from work is great - too many people never take a holiday away from work!
Portugal best all around, when you factor visa cost, taxes, living expense, quality of life, and weather.
10 figure entrepreneur? Geez, I thought it was only up to 8 figure entrepreneur.
Can you make room for a 3 figure entrepreneur? 🤔
I’m happy I chose Costa Rica: it has the best weather
Yeah and how about lockdowns and vaccine passports?
@Michael Bolton Mexico?But what is the tax rate?
South Korea does allow for dual citizenship for those originally born in Korea but emigrated to another country such as the US and gave up their Korean citizenship. At age 65, such a person can request their Korean citizenship back and then be a dual citizen. A spouse of such a person may then apply for Korean citizenship under their spouse and also be a dual citizen. Some sort of proof of income (like retirement income) is required but I do not have those details at this time.
not before 65? shiee
Funny how other countries demand you learn the language in order to become a citizen. But when we demand it in America we are called racist. All my grand parents came here... I'm second generation American. So why don't we see Italian and French pamphlets, signs and what not? No we see Spanish... Want to read and speak in Spanish? Move to a Spanish speaking country.
would like to know about diplomat passport
Swiss passport definetely.
I like Europe, but I don't like EU Politics.
👍👍👍
Don.'t you have to be vaccinated to go go Malta?
That might be true for the moment, but in several months or even years no one will care about that stuff
I would like to hear about this factor: how long can you stay in a country as a tourist. For example, my German friend can stay in Albania for three months. With my U.S. passport, I can stay in Albania for one year.
It varies. If you want to stay longer than 1 month. Apply for temporary or permanent residency.
Interesting example!
Even if you have more then 1or 2 passports ,as long as you are a u.s citizen you are not free 😌
That's why he renounced to it.
And I'm doing the same :)
Dutch passport is not one you want it will not allow dual citizenship if you have one move to Portugal for 5 years get that and move on to getting more pasports
Why is Switserland not on this list? Especially for EU citizens the best tax option. Of course cost of living is high. But you could live right on the border and do your groceries in Italy or France, for less.
you said why already: it is ususally an option for EU citizens only. as non eu cititzen it is a pain in the butt to get residence permit.
for swiss citizenship: naaah forget it, procedure is difficult. some requirements will be waived if you are married to a swiss citizen; otherwise it may take ~10 years.
Germany is in the process of changing waiting time for the passport to only three years. Many crypto companies are in Berlin and use a kind of foundation setup for tax purposes. It is also easy to get a residency permit. So, if you do not intend to spend much money for personal purposes within the 3 years you won't pay much taxes, then you can get the citizenship easily, and then move to any Schengen country, or live in tax friendly countries (Germany cannot tax you while you are not a resident, however this may change in the future). These measures were announced by the new government that came to power only about 2 months ago...
Andrew - Why do you never mention that if you have a Caribbean CBI you could live in the Bahamas (tax friendly is it not?) This according to my research is a possibility under the Caricom provisions and isn't living in the Bahamas is a low tax environment? --- I really need to know as I actually do have a Caribbean CBI --
He has a St. Lucian Passport and a home there too.
Albania is my new favorite country
Great thumbnail, it’s a mood as young people say.
CRYPTO
Andrew I want to hug a passport like you on the thumbnail 😌
Just love the dream about to move around the world with a fortune, without any obligation or duties to any fellow citizens, nation or community, and pay as less taxes as possible. Freedom without responsibility to anyone except yourself and your wallet!
Thank you again, for wonderful info!
Top notch thumbnail!
Good work bro
Thank you
Please we need a video on Luxembourg 🇱🇺
Citizenship especially
.
What about put the time in, in Malta 🇲🇹 . Then moved to Ireland 🇮🇪 as your tax residence? I would also have Turkey 🇹🇷 and Grenada 🇬🇩, so I be visa free almost everywhere, cause when I wasn’t in Ireland I would be traveling A-LOT….
Like you I think a fair tax is okay but socialism, liberalism have the idea to redistribute the wealth to people who have not earned the money. I don't mind aiding someone down on their luck briefly but to the people who think they can take advantage of the system I have no respect for them. An incentive to get off is missing in these liberal countries. I don't have much money but would like to get a second passport eventually. So, I like watching your informative videos so when I am ready I will get yourhelp
golden video
How much time do you actually have to spend in Malta under the 1 year option? I understand the donation/real estate requirements, but haven't been able to find the answer to this question.
does Belgium still have 0% capital gains tax? seems like that would make it a more desirable citizenship!
❤😍I like you very much just as you are. 好き〜っっつ❤❤❤❤❤❤❤
Andrew, tell me, what do you think about the Papuan passport?
Watching this turns me into a communist…
How about a "Go where you are treated best" analysis of which state in America would be best to live in?
He's already done something pretty similar. Essentially, stay away from blue Democrat ran states/ cities. But ultimately you'll want to leave the mainland for the greatest savings via relocation. 🤷♂️
A bit surprised that Cyprus didn't make to the top 7.
This country is still a good option though ^^
Could you please do a video for best countries for young retirees with taxes in mind for pensioners who recieve from their home countries. Love your videos im from bahrain a country you covered briefly on your videos
This list is missing passport of Rwanda..a fave of this channel. Put it in #1.
I would’ve loved UK and Norway, but they’re not part of EU 😥