Advisors really need to be clearer about “access to EU/Schengen zone”. You are only allowed to live/work in another EU country if you have an EU citizenship. A residence permit in an EU country will only allow you to travel for the 90 per 180 days visa-free, which is easy for most nationalities anyway without needing an EU residence. The only difference Schengen makes is the lack of border controls meaning you can try to fly under the radar if you like.
Yes this is accurate. In practice if you've got a Schengen residency you're not limited in your time in other Schengen countries but technically you're under the limitations of your country of citizenship
@@OffshoreCitizen well I'm from Upstate New York and I'm Egyptian American and I've lived in Indiana and I've been to Canada but only in the summer. But as far as coldest places I've been in the winter would have to be Boston I went to the US for Christmas ( I live in the UAE) and flew into Boston it was blistering cold!! My dad and I had to wait outside the airport for the hotel bus to pick us up and there had been a snowstorm a few days earlier. I Soo cold!!
Estonia might have been somewhat cold before, but not now, courtesy of global climate change, there is barely any snow now. Even compared to 10 years ago the winter temperature is noticeably higher.
Great Video Michael. I can attest to the bureaucracy- friendly atmosphere in Estonia. And the society being calm and peaceful. Just about everything is done digitally,and since the Russian hack, stored in servers quite securely offshore I believe. Just a word that Estonia is very much on the frontline of tension between NATO and Russia at the moment. Anyone looking to invest in Estonia also needs to consider what they believe the geopolitcal climate might well be 3-10 years up the track. Obviously such a time frame is anyone's guess with a war going on in Ukraine at the moment ( which the Estonians are supporting majorly). I would also recommend that anyone considering living in Estonia think seriously about supporting the Estonian Defence League, which is the home guard of the nation. Estonians are not going to let anyone from the east walk all over them again, as happened in 1940.
Fair points. A few thoughts here 1. You don't really need much if any geographic exposure to Estonia to take advantage of this. The company needs to be based there but a company is just an entry on a ledger. You could be building digital assets on servers not located there producing profit held in banks not located there so risk is extremely minimal 2. I think talk of Russia expanding the front of the war are highly overblown and not very rational. They are having enough trouble in Ukraine without looking abroad and demographics are against them. If the far turned nuclear clearly that's bad and there would be fallout into Europe but again you don't need geographic exposure through these programs.
@Offshore Citizen Hi Michael! Excellent comments, and you emphasise a key point of your presentation, that residence is not essential (= sorry to go off message! 😊). I do agree : Russia is stretched and aside from bullying threats, is unlikely to invade the Baltics anytime soon( we hope). The point I was trying to make was that geopolitics should be part of any risk assessment. A point I'm sure you won't disagree with! Thankyou for your excellent content, considered comments, all delivered in a modulated ? Canadian accent! Beats whiney American East Coast any day- no names, no pack drill...😉
I have a question. assume i got residency card in July 2024. Do i have to stay 7 days minimum first year (i.e. by July 2025) and then 14 days from July 2025 to July 2026 for a total of 21 days, or can i stay 14 days in first year and satisfy requriement until July 2026?
i'd love to hear a video on your actual service, ik you help with tax planning etc, but how does it work etc? is it really just as simple as explaining what the client wants/ you give your input & voila u're off to your new place? opting out of your previous tax country etc
I was initially thinking of getting residency in Canada because I love northern nature but lately people have been complaining so much about Canada (including comments on this channel) that it's making me consider Northern Europe instead. Sweden, Finland and Estonia all have great nature and would all be perfect for me but Estonia's taxes are much lower.
Born and raised in Canada. The current government has ruined it here. It's very very expensive so look carefully into the cost of living. For example where I live the average income is 67k yet the average cost of a house is 697k. I am 50 years old and have several friends that have left and we are right behind them. I am a mortgage broker of 20 years and two average income people cannot afford the price of an average priced house.
It really depends on your goals, values & circumstances I'm originally from Canada and there's still lots to appreciate there but also drawbacks, depends what you're after. Also different if you're making money or have already made it
You need to do your homework about these countries you are deciding to live in, a lot of these countries are importing mass amounts of third world immigrants, yeah yeah racism. although a lot of those countries you mentioned are primarily homogeneous society's they are under increasing pressure to import more low wage earners, if you don't know what that means then you may be better off staying where you are. Do your homework, primarily in the areas of violent crimes and the sad part is this information is being suppressed so that news agency's can't report on these stats.
An Estonian residency doesn't give you Schengen/EU rights. Only an Estonian citizenship would. This seems a bit misleading. It gives you rights within Estonia.
I would disagree about best governments. There is lots of corruption/favouritism/bribing going on, constantly companies winning government tenders turn out to be connected to people issuing said tenders, etc. Also lots of bureaucracy, the government is bloated and inefficient, constantly stories of government officials either misusing funds or doing fuck all while eating is super expensive restaurants paid by gov. funds. Like doing 3-4 hours of work per day, or just not showing up at all.
Excellent video! can you talk about latvia in the future? 🙏🏻 they have very great golden visa programs and also the companies never have to pay taxes if they dont distribute the earnings same as estonia 😊
1. You have to believe there will be war there, personally I don't think it's likely. Russia is quite impotent & can't afford to expand further. This of course could be false 2. If you're not living there anyway and just getting the residency permit what difference does it make?
I've done some videos on a few of their programs. They are fairly attractive I personally like Budapest & it's a pretty good offering. Hard to get citizenship though due to language
What makes you say that? Malta CBI you lose the money so that's vastly different Malta indefinite residency is a reasonable alternative so long as you're willing to keep up the requirements
I can understand that sentiment but there's plenty of positives related to that region and more importantly the passports are some of the best in the world
If it's that chilly in Early August, the winters much be horrific.
Advisors really need to be clearer about “access to EU/Schengen zone”. You are only allowed to live/work in another EU country if you have an EU citizenship. A residence permit in an EU country will only allow you to travel for the 90 per 180 days visa-free, which is easy for most nationalities anyway without needing an EU residence. The only difference Schengen makes is the lack of border controls meaning you can try to fly under the radar if you like.
Yes this is accurate. In practice if you've got a Schengen residency you're not limited in your time in other Schengen countries but technically you're under the limitations of your country of citizenship
is the 90-180 days per each EU country you visit?
Ok if a Canadian says Estonia was cold that means it's terribly cold!!🥶
Haha
What would be the coldest place you visited?
@@OffshoreCitizen well I'm from Upstate New York and I'm Egyptian American and I've lived in Indiana and I've been to Canada but only in the summer. But as far as coldest places I've been in the winter would have to be Boston I went to the US for Christmas ( I live in the UAE) and flew into Boston it was blistering cold!! My dad and I had to wait outside the airport for the hotel bus to pick us up and there had been a snowstorm a few days earlier. I Soo cold!!
Estonia might have been somewhat cold before, but not now, courtesy of global climate change, there is barely any snow now.
Even compared to 10 years ago the winter temperature is noticeably higher.
Many thanks for these insights! Always of interest for someone who likes to travel
Thanks! Where would you like to go?
Great Video Michael. I can attest to the bureaucracy- friendly atmosphere in Estonia. And the society being calm and peaceful. Just about everything is done digitally,and since the Russian hack, stored in servers quite securely offshore I believe. Just a word that Estonia is very much on the frontline of tension between NATO and Russia at the moment. Anyone looking to invest in Estonia also needs to consider what they believe the geopolitcal climate might well be 3-10 years up the track. Obviously such a time frame is anyone's guess with a war going on in Ukraine at the moment ( which the Estonians are supporting majorly). I would also recommend that anyone considering living in Estonia think seriously about supporting the Estonian Defence League, which is the home guard of the nation. Estonians are not going to let anyone from the east walk all over them again, as happened in 1940.
Fair points. A few thoughts here
1. You don't really need much if any geographic exposure to Estonia to take advantage of this. The company needs to be based there but a company is just an entry on a ledger. You could be building digital assets on servers not located there producing profit held in banks not located there so risk is extremely minimal
2. I think talk of Russia expanding the front of the war are highly overblown and not very rational. They are having enough trouble in Ukraine without looking abroad and demographics are against them. If the far turned nuclear clearly that's bad and there would be fallout into Europe but again you don't need geographic exposure through these programs.
@Offshore Citizen Hi Michael! Excellent comments, and you emphasise a key point of your presentation, that residence is not essential (= sorry to go off message! 😊). I do agree : Russia is stretched and aside from bullying threats, is unlikely to invade the Baltics anytime soon( we hope). The point I was trying to make was that geopolitics should be part of any risk assessment. A point I'm sure you won't disagree with! Thankyou for your excellent content, considered comments, all delivered in a modulated ? Canadian accent! Beats whiney American East Coast any day- no names, no pack drill...😉
Haha indeed
@@OffshoreCitizen Yes, I think you Get what I mean..of course its a 'dig' at 'someone else'! Cheers :)
Yay! No cash! Total government surveillance of your every purchase and interaction! So cool! 😀
Bro , you need to invest in either better mic , or try pressing on your words abit because some time when you talk fast words collide with each other
I have a question. assume i got residency card in July 2024. Do i have to stay 7 days minimum first year (i.e. by July 2025) and then 14 days from July 2025 to July 2026 for a total of 21 days, or can i stay 14 days in first year and satisfy requriement until July 2026?
2:20 Didn't they impose vaccine passports like their neighbors?
great! this is a cool new golden visa worth considering in my portfolio👍😉
True!
What all can be find in your portfolio?
What are the others in your profolio lists
i'd love to hear a video on your actual service, ik you help with tax planning etc, but how does it work etc? is it really just as simple as explaining what the client wants/ you give your input & voila u're off to your new place? opting out of your previous tax country etc
Great suggestion I'll see what I can create
I was initially thinking of getting residency in Canada because I love northern nature but lately people have been complaining so much about Canada (including comments on this channel) that it's making me consider Northern Europe instead. Sweden, Finland and Estonia all have great nature and would all be perfect for me but Estonia's taxes are much lower.
Born and raised in Canada. The current government has ruined it here. It's very very expensive so look carefully into the cost of living. For example where I live the average income is 67k yet the average cost of a house is 697k.
I am 50 years old and have several friends that have left and we are right behind them.
I am a mortgage broker of 20 years and two average income people cannot afford the price of an average priced house.
It really depends on your goals, values & circumstances
I'm originally from Canada and there's still lots to appreciate there but also drawbacks, depends what you're after.
Also different if you're making money or have already made it
You need to do your homework about these countries you are deciding to live in, a lot of these countries are importing mass amounts of third world immigrants, yeah yeah racism. although a lot of those countries you mentioned are primarily homogeneous society's they are under increasing pressure to import more low wage earners, if you don't know what that means then you may be better off staying where you are.
Do your homework, primarily in the areas of violent crimes and the sad part is this information is being suppressed so that news agency's can't report on these stats.
I was just in Toronto. You definitely need to look carefully before moving there. Best of luck.
@@valhalla9688 Has Toronto turned into a very unsafe place nowadays?
Good one
An Estonian residency doesn't give you Schengen/EU rights. Only an Estonian citizenship would. This seems a bit misleading. It gives you rights within Estonia.
Do i need to pay 16000 usd every year to renew?
Hi,
Good day Respected sir,
How did you like the video? :)
How long does the major investment visa last?
I would disagree about best governments. There is lots of corruption/favouritism/bribing going on, constantly companies winning government tenders turn out to be connected to people issuing said tenders, etc.
Also lots of bureaucracy, the government is bloated and inefficient, constantly stories of government officials either misusing funds or doing fuck all while eating is super expensive restaurants paid by gov. funds. Like doing 3-4 hours of work per day, or just not showing up at all.
16k or 65k. 16k for sole proprietorship! what's the catch on 16k investment
Excellent video! can you talk about latvia in the future? 🙏🏻 they have very great golden visa programs and also the companies never have to pay taxes if they dont distribute the earnings same as estonia 😊
I'll create some things for there soon.
As a side note Latvia is MUCH worse to deal with than Estonia in spite of looking similar on the surface.
Hello sir
Is it possible to buy second citizenship with crypto through agent and if so can your company do it?
Thank you
It's possible with some programs. Best to reach out and discuss all the details. We'd be happy to assist
Investing such an amount is a major drawback. I just don't have that much (yet).
That's fair
Estonia is caught right in the jaws of the nexus between NATO and Russia. How can it be a safe option as a residency visa?
1. You have to believe there will be war there, personally I don't think it's likely. Russia is quite impotent & can't afford to expand further. This of course could be false
2. If you're not living there anyway and just getting the residency permit what difference does it make?
Good day to you! I am interested what you think of Hungary
I've done some videos on a few of their programs. They are fairly attractive I personally like Budapest & it's a pretty good offering. Hard to get citizenship though due to language
First comment!
Thanks for the support!
What do you think of this new program?
Too expensive and too cold.
first
How did you like the video? :D
Sounds garbage. Better to go with Malta, surely?
What makes you say that? Malta CBI you lose the money so that's vastly different
Malta indefinite residency is a reasonable alternative so long as you're willing to keep up the requirements
Russia next door.
Yikes.
No thanks. I wish to do everything I can to escape the EU :)
What made you say that?
Why please tell
I can understand that sentiment but there's plenty of positives related to that region and more importantly the passports are some of the best in the world
@@ilamalihilustan22 Because it has a bleak future. Poverty, high crime, dystopian government etc.
@@ahm3187 The west in general is dying.