Six Benefits of Dual Citizenship

nomadcapitalist.com/2019/01/2...
Mitko Karshovski from thatremotelife.com/ interviews Andrew about the benefits of having more than one passport and citizenship.
0:00 Start
0:44 Personal freedom
2:11 Citizenship insurance
3:47 Choosing your citizenship identity
4:23 Opportunities for your children
4:58 The global citizen mindset shift
7:23 You can go where you’re treated best
Andrew Henderson and the Nomad Capitalist team are the world's most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best".
Work with Andrew: nomadcapitalist.com/apply/
Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle.
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.
About Andrew: nomadcapitalist.com/about/
Our Website: www.nomadcapitalist.com
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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.

[@blueballbag3588]

A year ago I was able to live in 29 countries being a Brit with residency in Hong Kong. I had a TRIPLE WHAMMY this year. First in Jan the Brexit withdrawal agreement was passed with the loss of Euro freedom of movement, then the pandemic shut most of the world borders, and then within weeks HK, my bolthole was turned upside down with the Chinese communist party security law making living there intolerable. As a digital nomad I watched in horror as virtually all my options fell away. I was scrambling to find somewhere to go where I could live relatively freely and safely. I discovered this channel and haven't looked back, already got myself another residency this year and more in the pipeline. Thank you Andrew & team for your insights and the gold mine of information you put out here. Magnificent channel, bang up to date and intelligent advice

[@nomadcapitalist]

Thank you for the kind words. 😊

[@spermshopper5713]

I hear you bro, who knew a year ago where we would be today

[@blueballbag3588]

@Michael Reid Definitely will put in for Panama next year so long as they don't pull the program. I would love to go further south though, thanks for the suggestions

[@blueballbag3588]

@@spermshopper5713 and a year from now too, really $hit happens!

[@123CREATIONS]

Its so funny what you said about relationships. I am a born U.S. Citizen but I have been single for 31 years. I went to Kenya for my birthday and I met my soulmate and I want both of us to have dual U.S. AND KENYAN CITIZENSHIP!

[@nomadcapitalist]

Congratulations!

[@KipngetichRono11]

@@infiad1275 faster than many parts of US. You can verify independently.

[@VamosViverFora]

I was in this situation in 2015 in Brazil: everything falling apart, the currency was crumbling and I was finally getting my Portuguese citizenship by birthright. My son was born an year later and then we were ready to leave, waiting just for a opportunity . And then we left last year. I’ve had an option and now I have different problems. And I’m happy, despite the f@$& pandemic...

[@tipr8739]

Where did you move to in Portugal? Would you be open to doing a video on your story?

[@BucketListTravellers]

I never thought about second citizenship as an insurance policy until I came across your channel. Makes a lot of sense in such an uncertain world!

[@micomarinas2753]

when I start listening to every vlog of andrew it opens my mind to the entire opportunity of every country of every country he mentioned. im no longer limited with my movement.

[@freeradical1567]

Thank you. Great practical view point and fantastic information. I have subscribed and clicked the notification bell and liked this video. I’ll be watching and learning more. Again, great work!

[@nomadcapitalist]

Thank you, William. Glad to have you with us.

[@joenicedj]

Another brilliant video.

[@nomadcapitalist]

Glad you enjoyed it

[@rogervaz1051]

One of the best videos of the channel

[@amir5593]

Good video like always.

[@nomadcapitalist]

Glad you enjoyed

[@mela6046]

Hi Fr: overtaxed NYC metro area... gonna apply for duel citizenship ... countdown in under 6 months ... approved already... Thanks Mr Andrew, great shows ...ALL OF THEM

[@gringoviejo1935]

ex-citizens go back to US to give birth? they want their kids caught up in the US tax-trap? why give that burden/headache to one's kids?

[@nadjadavidson411]

I really enjoy your videos. I do have a request: as the world goes deeper into some sort of dictatorship, which countries are still “normal”?

[@jmc8076]

I’ve asked him the same. 💯🇨🇦

[@Quintessence.]

Nice interview with Kennedy tonight, Andrew. Saw some good chemistry between you two. Looking good, my man.

[@nomadcapitalist]

Glad you enjoyed it!🤝

[@abdullahbassamabdullah2027]

Thanks Andrew for that video, I'm Iraqi residing in Malaysia but I'm looking for a second passport that provide me kind of freedom in travelling the world, which CBI do you advice me? I'm a medical student trying to work as a GP in UK but don't have the suitable passport to travel over there 😣

[@nomadcapitalist]

Please email our team at [e-mail] and they will be happy to help you.

[@jaws2003]

Go where you're treated best is always the key. As I've started traveling I've seen what Andrew said to be so true. I need a country to target. Plan to check out Morocoo in 2021. From what I've researched they seem kinda strict with their residency programs.

[@shotelco]

We've had Moroccan residency for some years now. There are several paths depending on what you are "bringing to the table", who you know, and even which area of the Country. The key is, like almost everywhere I've been, one needs to get ones _Boots on the Ground_ in their target location/s (or one needs to engage a consultancy like Andrews group). When one is on location, that's when the real opportunities and options become visible. This can not be done by "Internet".

[@jaws2003]

@@shotelco this is soooooo true. I've been to the Dominican Republic and the Philippines and even though I researched there were some things I needed to learn on my own and it tested who I am as a man. I want to fo to Rabat. From what I've researched it seems like a pretty relaxed spot. I would like to know what I need to "bring to the table to them".

[@learntonganwithandrew]

I have a Canadian passport and a British passport. How can I use this to my advantage?

[@dodhisattva]

How do you handle the language barriers? Do you learn all the different languages? If so what programs do you use to learn?

[@Mrorlandozg14]

Hi Andrew! Do you have St. Lucia citizenship, and others, but you also have different residents permits?

[@nomadcapitalist]

Yes.

[@noamwolfson935]

That’s right!

[@alexanderdewet7551]

In a few years immigrating to Australia from South Africa. Not sure I will travel to BRICS countries but we have travel access so perhaps the option for my kids one day may be useful

[@FJF119]

H I ANDREW Would a Ukrainian passport be a good insurance policy ? Thxs

[@nomadcapitalist]

Possibly; it depends on for what purpose.

[@mela6046]

Hi Fr: overtaxed NYC metro area... ALL A L L THE GREATEST GENERALS WERE FR: THE SOUTH, THEY GRADUATED FR: THE TOP OF THEIR CLASS...(& The north's gen.Grant BARELY GOT IN ! yup...yeaH... grant in class didn't know his BASS fr: his elbow ! )

[@arotaruus3253]

You can only get a Ukrainian passport if you are Ukrainian by heritage or born in UA. If you become Ukrainian, they will make you surrender all other passports. However they are proposing to change this in the future.

[@Marco-ge5kl]

How do you manage travel and housing costs? Is there a meeting of graph curves that shows when your tax savings outweigh the extra costs? Do you ever think about the enviromental costs of all that travel and is there a way to mitigate that?

[@AceMBP]

Any suggestions on how find an agent to process a CBI? Would like to use NMC but imagine it takes a while etc. Who is a good agent to use? Arton Capital? Golden Visa? Global citizens solutions? TIA

[@nomadcapitalist]

Please email our team at [e-mail] and they will be happy to help you.

[@alejandrojerez1492]

The whole situation regarding the COVID-19 situation makes sense.

[@user-jm9ep3zp5g]

do you mean i can get a dual citizenship in any country or certain countries ?

[@vishutdhar]

What do you think about moving from US to India?

[@amaliahightower]

Legally how many citizenships a person can have?

[@mxgangrel]

Walt, if you renounce, you can still go back to have children?

[@junzhang2087]

Just wondering what are you doing to make living?

[@davidbicknell2359]

DOES MALAYSIA GIVE FOREIGNER CITIZENSHIP?

[@richmondnazman]

Yes but it is very difficult and loonng process and you need several criteria to become a citizen. However, to become a permanent resident its doable.

[@cryptoflippodcast]

Which second passport is everyone thinking about?? 👇😀

[@VamosViverFora]

I’m dreaming with a diplomatic passport. 😎

[@joenicedj]

I have a United States passport and a United Kingdom passport. I am actively pursuing a Trinidad and Tobago passport.

[@mynamename5172]

I think we need several. I was thinking Uruguay but its expensive and they just closed their borders to their own citizens who are abroad. So that one moved way down my list. If they can do that crap once they can do it again. Maybe Brazil and somewhere in Asia? (I have US/Argentina now, Argentina sucks). And I am looking at an EU passport by descent. I want to be able to move around the globe without some bureaucrat closing doors in my face.

[@LinguistRevolutioner]

@@mynamename5172 You have the right to live in Brazil because you’re a citizen of Mercosur. The difference in passports is negligible. A European passport is a good thing to have in your back pocket, but I’d also be aware that they could easily pull the “taxation by citizenship” card across the union after they’re done with covid. Maybe try the Caribbean?

[@KipngetichRono11]

@@VamosViverFora but it ends with the diplomatic duty.

[@yhanjimenezmatias4135]

Hi Andrew, I'm from Puerto Rico and was wondering if you could talk about Puerto Rico Citizenship as a fast track for Spanish Citizenship which is in the E.U

[@evenesteven]

Just watched a video from Mark Moss who is moving to PR, and also uses the motto GWYTB. watch?v=Jd0RkimNNZU

[@danielluster732]

I wish that I can go to St. Lucia in order to accumulate dual citizenship. B-)

[@nomadcapitalist]

Good goal, although no need to go there.

[@danielluster732]

@@nomadcapitalist Where should I go? :-(

[@1stfacts542]

Good luck getting that now

[@nomadcapitalist]

We are currently helping dozens of people obtain second citizenships via investment, naturalization, and descent, even under current conditions.

[@1stfacts542]

@@nomadcapitalist You’re talking about the people with tons of money... not the common folk

[@nomadcapitalist]

@@1stfacts542 Citizenship by descent is essentially free. However, our channel and our business do primarily speak to seven- and eight-figure entrepreneurs and investors.

[@1stfacts542]

@@nomadcapitalist I know. So the rest of us below the wealthy are SOL then... Darn 😄

[@DaniDhonau]

I am happy with my Swiss and Australian passport. Do not need another one.

[@amir5593]

You acquired both by birth?

[@zhnexplained6928]

Make more videos about buisness

[@quirkyclubgurl]

Wait you didn't like traveling with a US passport lol try traveling with a Jamaican passport. I rather US if I could

[@Monster_Mover_Stocks]

Good thing our Founding Fathers and other patriots of that day weren't like this guy. I wonder if he thinks that there's anything worth fighting for in this world?

[@nomadcapitalist]

You mean the people who left their country for a better one?

[@Monster_Mover_Stocks]

@@nomadcapitalist If you're claiming that the majority of people who fought in the Revolutionary War against England were actually born in England, you're mistaken. If you're not willing to fight for your country and its principles, you're really not a citizen of any country really other than on paper. My point is, The United States would not exist today if everyone had your mindset. You are out for you and only you. You've stated as much. You missed your true calling, you should have become a politician.

[@seritasmare8924]

trump 2024

[@alansjf33]

China should tax its citizens living in Hong Kong. They are tired of pretending that Hong Kong isn’t China. I don’t think that’s a bad thing or indicative of the general trend he was speaking about.