Seven Cheap European Citizenships for Your Strong Dollar
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- เผยแพร่เมื่อ 20 มิ.ย. 2024
- Read Our Article "Europe's Golden Visas: 7 Highly Pursued EU Residence Programs": nomadcapitalist.com/global-ci...
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The majority of people looking for a second passport want one in Europe. Europe typically has great passports with good travel options in stable countries with a high quality of life. As European citizenship is in high demand, we have articles on How to Become a European Citizen and the Easiest and Cheapest Second Residencies in the EU. Highlighted below are some of the easiest passports to get in Europe through the different routes to citizenship.
In this video, Andrew shares seven cheap European Citizenships for your strong dollar.
00:00 Start
00:25 Seven Cheap European Citizenships
01:42 Maltese Citizenship
02:51 Getting Swiss Citizenship
03:54 Montenegro Citizenship
05:39 How to Apply for Portuguese Citizenship
07:07 Irish Citizenship
08:45 Turkish Citizenship
10:20 Investing in real estate in Serbia
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Our growing team of researchers, strategies, and implementers add to our ever-growing knowledge base of the best options available. In addition, we've spent years studying the behavior of hundreds of clients in order to help people get the results they want faster and with less effort.
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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.
i was expecting something affordable and the first one in the list is 750k +50k lmao
As a Turkish citizen, I would not recommend acquiring Turkish citizenship, it's pretty useless. We even need a visa now to use netherlands airport
Turkish passport has visa free acces to japan Korea hong kong macau Taiwan malaysia entire north and south America except for us canada and a few small Caribbean nations it's a good travel document if you do active business in the balkans africa and islamic world in general even better than most western passports
@@jekrasist they can't enter Algeria lol
@@ouss966 algeria has a strict visa policy no western passport and most muslim countries' passports can't enter either
It's pretty decent passport and gives u full access to a large economy. See nobody here cares about travel to europe cause our current passports already got that covered. The bottom line is your needs are not the same as my needs. Really who here is tryna travel to the netherlands?
@@jekrasist japan sends half of turkish pasaport holders right after they arrive at the customs
Euro is alreary up to 1.07 against the dollar. No more discounts)
heading to .85
Thanks for sharing Andrew
Our pleasure.
I am working my way to a French Citizenship/Dual American, for people that know what they are doing and have learned the loopholes, there is absolutely no tax on offshore income earned from any country for EU tax residents (except of course low tax countries like UAE and such). In France, for example, there are 250 taxes and 400 tax loopholes that people use lol
France has swung very left and remains left politically and socially. Cost of living is high, weather is far from ideal. Nice place to visit, residency is not ideal, unless you have French ancestry and relatives in France. Good luck, best wishes.
@@loanokaharbor8303 why are you trying to tell me what France is like? I know what life is like here. If you don't like it, stay out then lol...we don't want you
Excellent video, Andrew! 😊
Glad you liked it.
@@nomadcapitalist Always 😁
Regarding Portugal and the 7 days annually where you need to be in Portugal, is that based on a calendar year basis? Or rolling year? I can potentially do the CBI Portugal program in a year based on creating jobs there.
As a Brit, I'm seeing the GBP down against the Euro year on year, I'd love to get out to Switzerland or Italy asap :D
GBP down seriously ?
euro will be down as well... don't produce much on a global level, can't colonize other countries and taxation is going to be a HUGE problem.
@@DS-vx3wf Euro will fail and cease to exist imo
Portugal is desperate for a reason. Ask the 2 million Portuguese who live outside. When you learn the language, it's a very different Portugal. Living in a bubble and only speaking with English speaking people does not allow you the real Portuguese experience. Portuguese people will gladly take your money with a smile, but many of them don't care for foreigners and if you are a foreigner of color, even less.
So true! And that is true also for Bulgaria
Elaborate... We do care for foreigneirs, we just don't like the rich ones that live here for years and don't even know a single word in portuguese. Plus, pay your taxes like everyone else does :)
USD 1 : 0.94 EUR
Hi Andrew this is Brian I want to wish you a Merry Christmas.
Thank Andrew
Hi Andrew how will the CBDC going to affect our lives when it starts to replace the paper money ? The US will begin this 2025 and really wonder will we be able to have any choice with this type of control over us.
One thing you seem to conveniently skip over is the language test required for citizenship. In Malta and Ireland it is not a problem but Portugal and Serbia require a language exam before granting citizenship. Of course, residence permit and citizenship are two very different things. You can be a permanent resident of a country like Portugal for decades without acquiring citizenship.
It’s a brief video, by you using the word conveniently it implies he’s trying to trick someone - if they go through his consultation they’ll be informed…
The cheapest way and make sense is to marry an EU citizen. No tons of money wasted.
@@garrettmgunderson I am sure you are right. My problem with this and similar videos about obtaining residency and passport (citizenship) in different countries is that they do not inform the viewers about the very big difference between residency and citizenship. Until a few years ago Hungary had a very easy residency offer, you had to deposit 300000 Euro, prove that you have a property suitable to live in or signed a long-term (1 year) lease on one and you could get a permanent residency. You even got back your deposit after five years. Most Hungarians believed that this meant that all the different people using this scheme, mainly Chinese and Russian, would get Hungarian citizenship after the 5 years, despite the denial of the government. Because of this, they stopped the scheme. BTW, Hungarian citizenship requires 7 years of residency, a language and culture test. The culture knowledge includes history and literature at the level of primary (elementary) school. Most adult Hungarians would fail this test.
@@ouss966 Exactly. In some countries, for example, Hungary and Australia, you do not even have to marry, enough if you live together. In some countries, marriage or civil partnership (living together) can lead to an easier way to obtain citizenship, in others the requirements are the same as for people without a local spouse.
@@thehun1234 Yes, and the citizenship by marriage also can even be get by not going to Europe.. if an EU citizen want to marry you and somehow you both agreed to live in your country.. called getting citizenship abroad. Countries like France you can do it ( 5 years you apply through consulate unlike you live in France it's 4 years ) and I'm sure it's the same for the rest!
You dont even need to buy a property in order to get Serbian residence permit. There is an option to incorporate so called entrepreneur i.e. small personal business company. The procedure is easy and straightforward and takes around 2-3 days. You got to pay a monthly flat tax (meaning no bookkeeping is needed) being something around 200-300 EUR per month. This amount covers your income tax (though only for income up to ~45k$ per year), health insurance and pension insurance. After five years you may apply for PR.
I'm sorry, did I miss the Swiss option ...?
I didn't get Montenegro citizenship What's the advantage? They aren't EU member. Then we could list the rest of Eastern countries that might one day become a member of EU.
Awesome
To obtain financial freedom, one must either be a business owner, an investor or both, generating passive income, particularly on a weekly and monthly basis .that's the key to living a financially stable life. This trick has never failed.I pray that anyone who reads this will be successful in life and put this basis to work and practice
To get a Maltese passport do you have give up any other passports?
Is it true Portugal Golden Visa program is coming to an end?
The benefits of EU citizenship aren’t what they used to be. The entire EU may be on its death bed depending on what happens in the Ukraine Russia war. Fuel costs inflation and a declining standard of living are the future. Too depressing. And the winter weather in Southern Europe is too cold.Forget Europe, go to Asia or Latin America.
Need to ask the US about the need in destroying the NordStream pipelines
It’s a continuous power cycle that rotates.
Agree w/ you. Moving to Dubai and you’ll get a much better deal at a much lower cost. Getting an EU CBI should be treated as an added bonus if you have the capital that you are willing to risk losing 100% of the amount. For most billionaires, losing €280K to €1M is no big deal just to get an EU passport. But for most people, that’s their retirement savings that they can’t afford to lose.
For the non-rich people, how would you suggest investigating properties in Albania? What sites would be good for browsing what's on the market there?
I've been to Vlorë and Saranda, and I would love to see what properties I could buy there.
@@globalinvestor-yb3cj Seems like prices would be low. I have a handful of Albanian contacts I could leverage to help me get an accurate deal.
Nonetheless, do you have any recommendation for how to look at what's on the market?
@@graspunwrapped1124I'd also like such info
You could start in FB groups, or check for some agents with TH-cam vlogs. Also, I'd check with hostels, AirBnB and Booking owners. I've been to both those areas and I'm sure if you reached out to hostel owners they could help you, since a few of the hostels I stayed at were condo buildings.
@@graspunwrapped1124
Albania is the number 1 candidate for testing new Russian missiles. and, if Ukraine and Ukrainians should be pitied, then no one feels sorry for Albania and Albanians. welcome, Donkeys- "investors"! )))
uh, I don't consider 750k cheap.
I thought it would cover Hungary.
have you watched the news in the last couple of years?
Are you in Belgrade?
Kuala Lumpur?
How much to become Turkish citizen?
Hello, feel free to contact us for your questions here: Hello Catherine! Please email us at help@nomadcapitalist.com
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I wouldn't live in the EU for nothing
I would like to Buy Second Citizenship in European Union to pay off my Loan so kindly suggest a suitable plan
You should become a client of Nomad Capitalist. They don't have time to give you a plan in the comments, they are servicing paying clients.
... for Your Strong Euro
Cheap!?! Lol
cheap for people who make 7 or 8 figures a year... that's his target audience anyway.
Okay
Marry an EU citizen , simple a that
@@ouss966 Horrible advice in most cases as most think that a sham marriage is a quick way to entry. That achieves nothing but a residence permit subject to stringent monitoring to ensure the legitimacy of the marriage (i.e. not just for a way to citizenship). Not all EU countries permit people to remain on residence permits forever if issued on the grounds of marriage. Being forced to citizenship will still require language, history, culture and integration tests. That is a heap of learning and work. Even if the marriage is genuine most people don't bother due to the effort involved and how anti-new citizens governments are. Its literally easier to just spend some time there (long stay visa as spouse of an EU citizen) and then live abroad the rest of the time.
Turkey is not a tax haven, matter of fact it has very high in direct taxes which makes it very expensive to live there.
It doesn't have a stable economy and it is a defacto islamic dictatorship under Erdogan. Maybe that will change in future and Turkey will be secular stable nation again but this is the reality for now. How can you trust Erdogan and Turkish banks and park your money in Turkey? Turks themselves prefer crypto currencies over their own banks and currency!
At least in UAE you are getting tax benefits and stable banking. I cannot see the reason why would anyone tries to get a Turkish citizenship. UNLESS they are coming from a worse place like Afghanistan, Pakistan, Sudan, Syria etc.
I’m an afghan and won’t get the Turkish passport even if offered for free , but other things you said is true
This is not ignorance its enmity ! Total idiocy. Erdogan is just one man and his power not over the law. Moreover Turkish people chosen his party with their free will. Disgusting crusader fundamentalist mindset. Real disgusting
Europe is falling apart. Last place I would think about moving. It’s just getting started too!
100% !
@Collette Lundin Right-wing extremists, Brexiteers and other deranged brainwashed people have saying that for decades. Europe is still here. And will outlive those morons.
USA too so…
Buy when there’s blood in the streets…
Wow. Thats news to me. As an European, I wonder why you made that statement? I dont see much otther parts in the world which are saver.
The cheapest way and make sense is to marry an EU citizen. No tons of money wasted.
That will permit residence providing the marriage is legal and legitimate (i.e. not just a way to citizenship) however if the non-EU citizen wants permanent residence (if the specific country permits that), they will still have to pass language, history, culture and integration tests. With the exception of programs like Malta or Portugal, there aren't really any ways to 'cheaply' get into Europe without a bunch of tests and learning.
Well, no big news really.
Poor people not wanted.
Why would they be? Poor people move to extract value from the host country and wealthier people move to contribute.
don't go to Europe anytime soon. It will fall apart and suffer majorly like is just beginning to happen to UK
I don’t think so it’ll fall apart easily . This case is everywhere in the whole world. I live in Saudi Arabia and it’s very difficult here as well
Why you're dancing your eye brows in this video , it is irritating, check yourself 😂
When you travel with these purchased passports don't the immigration desk people bother you ..... imagine an Indian or Chinese guy with a Malta passport, it stands out
If you can earn that much that should be a minor issue
India and China are the two countries with the most emigrants so it'd be the least surprising tbh.
It's not illegal. Also "Purchased passports" makes it sound like you're talking about fake passports, which is something completely unrelated. These are real citizenships and real legit passports.