Asia’s Only Citizenship by Investment
ฝัง
- เผยแพร่เมื่อ 28 มิ.ย. 2024
- Become a Client: nomadcapitalist.com/apply/
Get our free Weekly Rundown newsletter and be the first to hear about breaking news and offers: nomadcapitalist.com/email
Get on the waiting list and join us for the next Nomad Capitalist Live:
nomadcapitalist.com/live/
Join us as we delve into the little-known world of citizenship by investment in Asia, focusing on Cambodia's unique program. In this video, we discuss the legal framework, investment options, and the comparative advantages of Cambodian citizenship. From cost analysis to visa-free travel benefits, we unravel the intricacies of obtaining a second citizenship in this frontier market.
00:00 Start
1:21 Cambodia: The Exception
2:16 Legal Framework & Investment Options
3:30 Cost Comparison and Visa-Free Travel
5:19 Land Ownership and Real Estate in Cambodia
7:28 Cambodian Citizenship Vs. Caribbean
9:51 Plan B, C, D, and E - Why It Matters
Nomad Capitalist is the world's most sought-after expert on legal offshore tax planning, dual citizenship, and international asset protection. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where you're treated best."
Nomad Capitalist has served as the “architect” and “general contractor” for 1,500+ clients who wanted one company to manage their holistic plans. We help these clients keep more of their wealth, increase their personal freedom, and protect their families and wealth against current and future threats at home.
Our in-house team of researchers, strategists, and executioners know more about these strategies than just about anyone. We’ve also spent more than a decade building a trusted network of attorneys, accountants, real estate agents, and others to assist our clients. As a result, our approach is not only holistic, but agnostic; we offer our clients advice on and options in 90+ countries, more than any other firm by far.
If you’re looking to diversify internationally, whether for lower taxes or as a “Plan B”, trust the industry pioneers at Nomad Capitalist and our experience serving the needs of globally-minded entrepreneurs and investors.
Become Our Client: nomadcapitalist.com/apply/
Our Website: www.nomadcapitalist.com/
About Our Company: nomadcapitalist.com/about/
Buy Mr. Henderson’s Book: nomadcapitalist.com/book/
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.
Contact us to find out how we can help you: nomadcapitalist.com/apply
Want to learn more about Will Asia Dominate the West? th-cam.com/video/TibQskHc14A/w-d-xo.html
Looking for a place to go? Check out our new series Live Like a King:
th-cam.com/play/PLlVUJeLNo-5JJa5WeACi971KaILjinYDw.html
Is there a physical presense requirement after your cambodian citizenship is granted?
I found Japan to be my favorite place and where I want to live. Unfortunately, they don't allow multiple citizenship so I will just have permanent residency for Japan instead and get multiple citizenship elsewhere.
can permanent resident in japan allow multiple citizenship?
Lived/worked in Japan for a very long time. If you’re concerned about wealth protection, it’s absolutely the worst place to be. Inheritance and gift taxes are sky high and have become even more punishing over the last few years. Besides permanent residence doesn’t grant you any special rights. You don’t even have the right to abode and can be shut out any time the government feels like (what happened during Covid). It’s a very xenophobic country to live in as a foreigner.
I'm now avoiding new purchases to avoid slipping into a bear trap. However, I'd like to know where the best investment opportunities are during a downturn. My goal is to retire comfortably on around $1.2 million.
Wishing you luck! The key to a happy retirement is to live the life you choose, if you have a certain amount in mind for your retirement, it is only appropriate to work with a knowledgeable advisor to make plans.
I concur that guidance should not be disregarded but rather followed. I remember a few summers ago, not long after my horrible divorce, I was in dire need of advise on investments to keep my head above water. Fortunately, I met someone with grit who greatly assisted me in growing my reserve, which despite inflation has increased from $360k to about seven figures now.
nice gains there! Please share your advisor's info with me. Due to my increased income from work, I'm thinking about investing in stocks and other assets that will enable me to gradually build wealth.
Leah Foster Alderman is the licensed expert I use.
Wow, I just Googled her whole name and found her platform. Thank you very much for bringing this to my attention, I will definitely get in touch with her.
I’m Cambodian currently an expat in EU. It’s a safe country and people are very kind like other Asian countries as well. If u have a lot of money it’s basically heaven
If you have A LOT OF MONEY, you can make almost any place heaven...because you can usually avoid the unpleasantries. I'm generally not a fan of monarchies; they are generally filled with corruption.
It's an extremely corrupt country. Extremely!
@@the_gilded_age_phoenix8717 Billionaire lives on Nigerian slums would be an interesting reality TV show lol
@@renanqueiroz2678 No incentive for a billionaire to do that. What's in it for him/her? It could only lower his/her social status...and open him/her up to public ridicule.
@@the_gilded_age_phoenix8717 3k US a month can be a lot of money there. I lived in the Philippines for fours years and liked in a four story house with two maids. Kids in private school. I was driven everywhere. Zero crime where I lived. Everything for about 3k a month.
Very Informative! Cambodia would be a great option... owning land... freedom of movement throughout much of Asia... growing markets... sounds solid to me! Thanks for bringing it to our attention.
It's already been "discovered." Go there and you'll find yourself surrounded by fellow ex-pats and never-ending scams aimed at foreigners.
Asia is the future it is becoming more innovative and advanced at a rapid rate,the growth they are able to sustain it.
lol no shit
Tell me where 😂
Nothing lasts forever. They will soon over-develop themselves and become over-controlled cesspits like the Western countries. The process could take place at lightning-fast speeds.
Andrew, true a number of countries in Asia restrict their citizenship... namely they don't like dual citizens among other things.
I have the "right to residence" in two Asian countries as a US citizen, but I will never get my citizenship there. Not worth giving up my US passport yet. The countries I will mention don't exactly have established programs. I get this by my family ties.
1) India: I am of Indian background. I am a USA citizen by birth. India doesn't allow dual citizenship. I have what is called as an OCI visa. That is how I can reside in India. I have the right to work if I want it, but I don't see the need for India yet.
2) Vietnam: I am what they call a foreign spouse of a Vietnam citizen. My wife of 20 years is a dual US and Vietnam citizen. I get a visa waiver as a result. My wife is what they call as a Viet Kieu. Vietnam has a funny citizenship law. If you were born a Vietnam citizen, you can be a dual citizen and keep your Vietnam citizenship. If you naturalize as a Vietnam citizen, you must renounce your previous citizenship. That is why I will not get Vietnam citizenship.
Nepal gives dual citizenship now.🎉
you can get vietnam dual citizenship via your spouse. don’t have to renounce it
I married a viet gal in 2020. In 2024 I got a viet citizenship on top of my USA. Vietnam has a few places to visit travel internationally that USA cant.
Yeah, there is essentially no dual citizenship if you are a citizen of an An country. Also, quite a few An countries restrict the travel of their citizens...so, you'd not want to give up your US passport to become a citizen over here.
What are the tax implications for residing in India with an OCI card as a US citizen?
1:32 answer to this video
Thank you Andrew ❤
Thanks for watching! 😊
Turkey is in Asia and offers citizenship by investment.
That is true.
True but it kind of straddles. But hey that's the best of both worlds!! 💯
Moving to Cambodia in August, can't get there fast enough!
Yes, great emerging country Combodia.
It might be emerging, but its economy is completely screwed since their defacto currency is USD.
The point of an emerging country is the economy grows with it. For Cambodia, the economy is reflective of a highly developed country, while the country itself is still developing. The gulf between the haves and have nots will only get worse.
And for as long as Cambodia is using USD (and very likely a money laundering capital), the cost of living there will remain so elevated it just won't be worth it.
That will stifle the development of Cambodia, which will remain a playground for the super wealthy Chinese.
It's a shame Asia is so damn hot and humid.
used to know a guy who did this, he was one of the owners of the foriegn correspondents club in phnom penh, and worked in cambo as a lawyer. but he only paid 50k usd it was really cheap back then i think he got it in the 90s. he was questioned a lot at borders and gave up trying to explain, just said that he was married to a cambodian. he was quite disappointed that he didnt actually get to meet the king. officially you were supposed to have an audience with the king to decide if you were a suitable citizen but in reality it just involved paying off some royal aide
Thank😊
Good video! I call these programs citizenship *for* investment, as the goal isn't global mobility. It's an entry ticket to invest in one of the world's fastest growing economies as a local.
In practice, the donation route is much more common. The business investment route must be under a qualified investment project (QIP). These can only be in certain sectors, like manufacturing, and each sector has its own minimum investment amount - most of them well above $300k.
Thank you for sharing!
I've read about massive Chinese investments, things like tourist attractions, malls and apartments. Is this on a governmental level or just large businesses?
Asia is the best !
Being able to access Vietnam without having to obtain a visa (huge pain in the a__) is a pretty good reason to invest in Cambodia. And still a short drive to Thailand.
it only makes sense if you originate from somewhere that's not part of the G7. and, remember that you must lock-in significant amount of funds in a 2nd to 3rd grade country in their banking system that is completely control by the government and their bureaucracies. in addition, some residence visa requires that you must purchase their real estate directly from developer direct but can not sell the property once you bought until after a long period of time, like 10 years. imo, it is better to rotate visit the different countries in Asia, instead of long term stay in one country. life should be simplified as a person ages. dealing with depreciating currency and real estate is one sure way to loose capital and add stress to a person's life.
Future Asian resident here 🙋🏾♂️
it only makes sense if you originate from somewhere that's not part of the G7. and, remember that you must lock-in significant amount of funds in a 2nd to 3rd grade country in their banking system that is completely control by the government and their bureaucracies. in addition, some residence visa requires that you must purchase their real estate directly from developer but can not sell the property once you bought until after a long period of time, like 10 years. imo, it is better to rotate visit the different countries in Asia, instead of long term stay in one country. life should be simplified as a person ages, not to get more complicated. dealing with depreciating currency and real estate is one sure way to loose capital and add stress to your life.
I'd be down to add it to the portfolio
I love the ninja sounds efx on the background (when text appears) 😅 besides the great content! Congrats Andrew and NC team for your mission.
The Killing Fields was a great movie
🤬
Hello Sir, thank you for inspiring me back in 2021 to start my own TH-cam channel to start my dedicated channel about investing in Cambodia, including Cambodian citizenship and any investment in real estate and company formation. I love your content and videos . I really appreciate your inspiration , especially on going where you’re treated best ! Forever grateful Sir 🙏❤️
In addition to 250 thousand donation, they want a total of 90 thousand administrative fee, so the cheapest option is 340 thousand.
If you attract attention to your wealth in Cambodia...
Acquiring a second citizenship in Asia might be awesome but you will have to stack up 6 or 7 figures to prove your interests in that nation. However, piling into businesses via opaque investment would be a consequential decision.
Isn't the 7 year naturalization period still there if you don't want to donate or invest? There's also a marriage route, I believe.
Wonder if Japan one day makes the same program
Probably not bc the interest would be overwhelming
No chance, the Japanese are wildly racist.
the yen and and the population is that great. and they do have alot of paperwork stuff you have to do. and i hear you will never really mesh well with the japanese people and the are making some places off limits for people that arent japan. Those are just the cons. im sure there are some pros tho
tho like he mentioned in the video the older people are dying off and there is land there. its a interesting place to be suggested
@@loganpraetorian Japan if fucking amazing. I am actually headed there in a few days. But yea to get citizenship you have to renounce US citizenship and learn their language. So it's all in or nothing. I wouldn't mind owning real estate there despite it being a terrible investment. Just so I can go there whenever and have my own place to stay.
Great info as always. Could you put out a video giving your opinion about buying property in Forest City in Malasia? It is occupied 3%, but looks really nice. Thanks.
As a Malaysian pls don't. It's a project by China worth USD 20 billion n it's a ghost town. Supposed to have 500k people but till now not even 5% .
Forest city equals Ghost city. Never buy anything there.
Hi Andrew one other investment alternative in cambodia for those who wish to own land or other property traditionally reserved for cambodian nationals is via a trust company. This does not require a citizenship investment. Trust companies regulations and approved companies were set up around 2 years back and have proved popular. I also know those regulations have been tested in court and legally enforced. Thanks for your informed comment on Cambodia, its been my home for many years
Its very popular among Chinese people
Malaysia was on my plan C. Too bad they now require 90 days of physical presence. I hope this changes with less demand from people with money who just want a second, third or fourth home there to spend some time of the year.
Same. That 90 day stay requirement is a deal breaker for me.
@@coolrunnings5383 For most people who don't want to live there year round, I would guess. I can understand price increase. But 90 days? They are pushing it too much!
its 60 not 90 days.
@@chion918 I don't know. Maybe it changed since his last video on the subject a few days ago. Still too much.
Too bad you cannot comply to the rulings. Cannot comply means cannot get what you want
What are your thoughts about Malaysia joining Brics?
I must send this channel for your research and analysis of the latest movements kind of possibly being edited or sanitized in the West.
TH-cam, ‘Brics’ win in Asia, Malaysia & Thailand apply to join, while Japan is ditching US Treasuries’ Lena Petrova Channel
We are finding S East Asia fascinating, and everything that this channel has always said - we also think Andrew H. has a home in Malaysia, which this vid., channel actually will be of special interest. I’ve been watching her like a hawk, her channel - giving deep dives info., on the latest Brics News and Hegemony issues, as well as this channel if course. Resource Channels - needed by all thinking peoples. ✅
South East Asia especially Malaysia has suffered after covid socially and economically much more than West as heavily dependent on tourism.
Not the case, only after covid people knows about Msia😊
@@kamrulz659 many businesses have closed. Just look at langkawi, ghost town.
Correctly put, the lockdowns. The lockdowns caused the suffering and the reverberating effects still happening for years, not the covid.
You can buy knighthood? That is completely deflating the idea.
HUZZAH!
I agree that being only Cambodian isn’t ideal, but how about being only Malaysian, South Korean, Japanese or Singaporean. These countries don’t allow dual citizenship but have strong passports, would you think it’s worth the trade off if you’re having to give up a tier A passport.
The Singapore passport is the best in the world. What Tier A passport do you mean? You just worship the white man.
Absolutely not worth it. The whole point of having more than 1 passport is that you have an escape route if your country starts acting up. It’s doesn’t matter how “amazing” these countries are … remember, America was once in the position that those countries are in now
Isn’t Turkey in Asia and offers citizenship by investment
“They don’t care”, except you can only get citizenship by descent. In the West we’d call that racism. In Asia it means Asia is for Asians.
Andrew,talk about the Saudi's not renewing the petro dollar contract with the usa,what does this mean for the strong dollar living overseas long term?
You don't need to be a millionaire to live a comfortable life in Cambodia. You can live a good life there with only 500k.
Lucky for those that qualify for citizenship by descent for Asian countries.
In the Philippines, if you are gainfully employed or have a substantial pension or dividend income it's easy to get a 10-yr. US Visa and with an active US Visa you can visit Canada visa free.
5 trillion in manufacturing money is likely to flow out of China to Vietnam
10 will go to USA , bringing back lots of manufacturing. Some will go to Luzon. According to some think tanks
Most places in Asia have this or by Investment, it's not the only one. Not the cheapest route either.
Which ones are we missing?
You can get a Philippines citizenship if you live there for 10 years.
5 years if married to a pinay
❤🇰🇭
You can temporarily escape problems by obtaining more passports, but you can't escape the illusory world we live in. It's difficult to overcome desires and God's maya.
It’s good to do for practical purposes. Same as looking both sides before crossing the road.
Khmer is very difficult to learn and many people in country side don't speak English at all. Its very difficult to deal with people of Cambodia if one doesn't has a Cambodian gf or wife.
Asia might be open to citizenship if you agree to be sterilized first. They can’t really make that a requirement these days, though.
I'm going back to Cambo, Cambo, Cambo.....nah I don't think so. -LL Cool Jang
😂
If someone wanted to live and possibly work in Thailand it would be funny if they got Cambodian citizenship first, then applied for the very easy and cheap Thai MOU workers visa/ work permit. A lot cheaper than the Thai property investment visa option, and brings regional citizenship.
Kyrgyzstan =asia
Investment visa 10 million soms
(90k usd)
Good for 5 years
Apply for citizenship after 3 years of residence
Citizenship by investment is defined as immediate after processing, ie: six months.
Make a long story short if you are Chinese mafia, you can become a citizen in Cambodia👍
Do they like Americans there?
Normal Americans are most welcome BUT arrogant, self centered and snobbish ones are not🫡🫡See american youtubers channels pertaining Malaysia eg Andrew Taylor
Normal Americans are most welcome BUT arrogant, self centered and snobbish ones are not🫡🫡See american youtubers channels pertaining Malaysia eg Andrew Taylor
Normal Americans are most welcome BUT arrogant, self centered and snobbish ones are not🫡🫡See american youtubers channels pertaining Malaysia eg Andrew Taylor
No
@@arcoc2133 Charlie loves American money.
I live in the Philippines. 3 years in country legally allowed on a tourist visa. Leave once, 3 years starts again. No permanent residency needed. Having the time of my life here, never felt so appreciated.
During the next "Deep Event" - (manufactured geopolitical Crises narrative) - tourist visas will be suspended...
The weather in SE Asia sucks
Too hot and humid
👎👎👎👎👎
You don’t have to live where your citizenship is.
how are the Cambodian girls? 👯♀️😍
Climate change isn't going to be kind to Cambodia. Regardless of that, it seems pointless to invest there, whats the benefit of throwing $250k away?
what climate change ?
dumb...
Dead Kennedy's: HOLIDAY in Cambodia (Don't live, holiday!)
If USA allowed all Cambodian to move there, there will be no Cambodian left in Cambodia 😂
Beginner level. Under 10-15 passports no freedom garantueed sorry
If you are in Asia, then why are you always wearing winter clothes?
🧐
That's too much investment for a third world country. For Thailand or Vietnam, sure. Not worth it for Cambodia though imo.
It's absolutely not worth it. I lived and worked in Phnom Penh for a few years. You'd be insane to just gift money to that corrupt government for 'citizenship' when they can revoke it just like that. I'd rather buy a property in the UAE and rent it
I heard tap water has parasites. Is that true?
Do not do Asia unless you are married to one .
Iv seen them all in Asia,they have shifting goal posts ,and all way with a new ideas in the new model to get westers in .pls .
This is not in no way to discourage nomad capitalist in his business to guide you ( but) .
While we have global change in play and commerce being protected in various countries mainly Asia and Europe stay put in the west and see who is rooting who in the global family.
And Malaysia is out really.blady dumb arse government.
I say again the Chinese that are there citizens who made the country rich ,o and the Indian s ,these people s have a different id card to ,those Malaysians that are really from indo not native to that island is yet to come up in the future courts.
So have a look at what was offered before COVID and look now people do your research,a shit the hospital.
Why the hell would you want to live in Cambodia? There are dozens before that…
Who said you should live there?
Africa is for africans - Idi Amin Dada
so go away from western countries
Never ever take up a citizenship in any third world country everywhere in the world from Asia to Africa to South America ….. 😊
DONT PROMOTE MUSLIM COUNTRIES!
Cambodia is 95% Buddhist.
It's pretty arrogant to tell someone what they can and can't do on their platform.
There's quite a few Muslim countries that are thriving right now and I don't see that slowing down.
yeah they suck at all levels... but some dudes forget about human rights
The only recognised Muslim group in Cambodia are the Cham, and they are a minority. The Khmer that I know are very much Buddhist and in general kind and good people.
Almost all the Asian person are fleeing and you just want to go to Asian. So ridiculous!
why are they fleeing? And where are they going that they think is better? I'm very interested in hearing your thoughts
My Thai ex-gf relocated to Vancouver, Canada and is absolutely miserable there, she'll be returning to Bangkok at the end of the year.
Drivel. Who is fleeing?
@@zonansg4212 As far as I know, that many Chinese people are immigrating illegally to US and EU while so many Hong Kong citizens are abandoning their country and fleeing to UK, Canada or Australia. People in Indian also contribute a lot in these legal or illegal immigrants. And people in Vietnam, Thailand also want to leave their country. I was a Hong Kong citizen and now I’m living in UK. I have to admit that UK is in deep trouble but Asia’s economy and living surroundings are worse than you thought.
Asia is good for westerns that have money, that's why. Asia is not good if you're broke.
Is this an AI video, bloke doesn't look real 😂