Why and How I Renounced US citizenship: My Expatriation Story

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Nomad Capitalist

Nomad Capitalist

6 жыл бұрын

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The questions if, why and how I renounced US citizenship have been multiplying in the past couple of months and the time has come to answer them.
In this in-depth video, I am sharing why and how I decided to take the final step towards renunciation.
Since so many people have been interested in the process of renouncing the US citizenship, this video will hopefully help you along with your final decision.
The journey towards this final feat lasted for over a decade, and I've had my fair share of lessons along the way.
From being frustrated and angry about how things work in the United States to becoming a person I am today are millions of miles of traveling and becoming better with every step.
Among other things, it's important to note that this is not a one-size-fits-all solution, and you need to feel right about making this decision.
During the renunciation process, many of the stereotypes I've had were shattered, including how difficult the process would be.
One of the most important insights to ponder about is that the US is not your enemy and that citizenship renunciation decision should never come from the place of anger and overreaction.
The process in itself is straightforward, completely judgment-free and hopefully, by the end of it, you will feel as though the weight has been lifted from your shoulders.
To find out more about what you need to finalize citizenship renunciation, as well as some guidelines to help you along the way, keep watching the video.
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ABOUT NOMAD CAPITALIST
Andrew Henderson is the world's most sought-after consultant on legal offshore tax reduction, investment immigration, and global citizenship. He works exclusively with six- and seven-figure entrepreneurs and investors who want to "go where they're treated best".
Work with Andrew: bit.ly/Nomad-Capitalist-Applic...
Andrew has spent the last 11 years studying and personally implementing the Nomad Capitalist lifestyle, and has started offshore companies, opened offshore bank accounts, obtained multiple second passports, and purchased real estate in a total of 20 countries.
He has also spent years creating a behavior-based system that helps people get the results they want faster and with less resistance. Andrew believes that everyone can use offshore strategies to keep more of their own money, live a life of freedom, and grow their wealth faster.
About Andrew: nomadcapitalist.com/about/andr...
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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.

Пікірлер: 931
@ben3364
@ben3364 3 жыл бұрын
Renouncing a citizenship because it increases your liberty is THE American thing to do. YOU, my friend, are a true American Patriot, in the original sense.
@nomadcapitalist
@nomadcapitalist 3 жыл бұрын
Thank you, Benjamin.
@mixnmichael1
@mixnmichael1 3 жыл бұрын
Sad but, true. Our forefathers would not be happy!
@fredb2022
@fredb2022 3 жыл бұрын
I agree. Why not live abroad and. not renounce?
@ben3364
@ben3364 3 жыл бұрын
@@fredb2022 Ive lived abroad for many many years. My wife (Spain) doesn't report taxes, but I have to. 1. The US tax code is so complicated that I pay a specialist in Seoul to file for me. Still, I occasionally screw up to the tune of thousands in fines. 2. I have to pay capital gains tax to the USA if I sell a home in Botswana, Fred. US lawmakers must actually hate their citizens to do stuff like that.
@stephena5752
@stephena5752 3 жыл бұрын
100%. Our ancestors created this country and it was over run by tyrants in the name of “democracy”. This is a republic. Used to be. Renouncing is the only way to rid the chains.
@SportZFan4L1fe
@SportZFan4L1fe 4 жыл бұрын
People don't understand how vast the World is. Most US citizens have Never left the towns, cities, and states they live in because they simply can't Afford it.
@js01716
@js01716 3 жыл бұрын
But also because of fear
@HELLOPATTAYA
@HELLOPATTAYA 3 жыл бұрын
Many people are broke now. 50 or 60 percent have barely money for 1 month.
@Rolando_Cueva
@Rolando_Cueva 3 жыл бұрын
I mean, the USA is in the top 5 biggest countries. There are a lot of places to visit. Meanwhile EU countries are much smaller, so people cross “borders” much more.
@osazuwaogbeide1540
@osazuwaogbeide1540 3 жыл бұрын
america is not a country anymore it hasnt been one since the end of the world war and maybe before civil rights. America is totalirian counytry run by morons who are soaked in greed hate proganda lies
@jacobsb374
@jacobsb374 3 жыл бұрын
they've never done it mostly because they were thought tghat the ius is the best country inthe world, also cuZ they don't know shit about other countr\ies, americans think of them as about some wateland lol
@brucebartman4782
@brucebartman4782 3 жыл бұрын
I haven't renounced my American citizenship but I did become an expat and happily retired and living in Thailand for 10 years. I have visited the USA just twice in 10 years. Each time I felt I really did not feel I had a connection with the USA anymore.
@gopherlee9427
@gopherlee9427 3 жыл бұрын
Do you have Thai Citizenship now? You should qualify now.
@thommysides4616
@thommysides4616 2 жыл бұрын
@@gopherlee9427 lol.... I even married a South African in 2007 and have lived there all these years. In 2013 they changed the way they do things and got my paper work all messed up. I'm not even on the radar here anymore....crazy world.....one more reason I'm glad I'm still a "Red, White, and Blue" guy.... lol.
@MiloSatori
@MiloSatori Жыл бұрын
Sexpat* immigrant
@pr3ttypimpcess
@pr3ttypimpcess 3 жыл бұрын
I’m only 16 years old and I can honestly say that coming across your channel has been a blessing. Personally, renouncing my citizenship is appealing because I don’t want to be bound to such a country of destruction in its healthcare, dietary system, financial structure, educational system, etc. So much about this country feels as though it’s designed to keep you bound to negativity and make it so that it’s nearly inescapable. This is something I will definitely continue to research in depth. Thank you so much for sharing your story, you’re changing lives for the better! 🙏🏼 ❤️
@DupaSuperBoy
@DupaSuperBoy 3 жыл бұрын
Where do they have better systems ?
@ThePoorManTrader
@ThePoorManTrader 3 жыл бұрын
@@DupaSuperBoy Almost ...Everywhere?!?!
@midlifecrisis7888
@midlifecrisis7888 3 жыл бұрын
build something first son, dont be renouncing anything until you can take care of yourself, this channel is for self sufficient minded people, not those looking for a particular "system".
@pr3ttypimpcess
@pr3ttypimpcess 3 жыл бұрын
@@midlifecrisis7888 nomad capitalist is literally a channel for those seeking liberation abroad and caters specifically to nomadic people. “Self sufficient minded?” Anyone with the desire to learn and perform the due diligence can become knowledgeable on this matter. Age is but a number when it comes to these things, but you enjoy the rest of your day. Happy Halloween! I’m totally a female btw.
@justinquelute
@justinquelute 3 жыл бұрын
Keep your US citizenship for a long time before you decide to renounce it.
@A_Litre_of_Farva
@A_Litre_of_Farva 2 жыл бұрын
The first 40 years of my life passed before I asked myself, "Why do I live here?" The answer that came shocked me...when I realized I live here mainly because my grandparents decided to settle in the area...then, because of their decision, my parents repeated it...is an ancestor's decision made almost 100 years ago a good reason to stay? No! Andrew's work has opened my eyes so much. Thank you Mr. Henderson!
@1x0x
@1x0x 10 ай бұрын
people stay because its nice to be around people that are similar to you and speak the same language as you... btw i am all for moving but theres nothing wrong with staying where you grew up.
@GarciaM1968
@GarciaM1968 4 жыл бұрын
I was brought here as a teenager by parents, as an adult I've made the choice not to naturalize. Highly criticized by many "why won't you?". Andrew has reaffirmed for me every reason for my stance.
@mikev8577
@mikev8577 2 жыл бұрын
You're welcome for being able to live in my country and not grow up in Mexico.
@spicex4k901
@spicex4k901 2 жыл бұрын
@@mikev8577 shut up mike
@fofotheclown1051
@fofotheclown1051 Жыл бұрын
@@mikev8577 shut up colonizer.
@simeonyisrayiyl1501
@simeonyisrayiyl1501 5 жыл бұрын
I renounced it yesterday, finally.
@timlinator
@timlinator 5 жыл бұрын
Congratulations.
@albertl.9146
@albertl.9146 5 жыл бұрын
Good job. So did I. Just have to wait for the walking papers...
@kheck100
@kheck100 5 жыл бұрын
What country are you citizens of?
@dbsk06
@dbsk06 5 жыл бұрын
Tell us ur story !
@albertl.9146
@albertl.9146 4 жыл бұрын
@@robotman5435 China
@Watered
@Watered 3 жыл бұрын
Love how logical you were when making this important decision.
@nomadcapitalist
@nomadcapitalist 3 жыл бұрын
Thank you.
@alejandro3141
@alejandro3141 3 жыл бұрын
Ironically by renouncing to your American citizenship your are showing the real spirit of the people who formed what’s called nowadays United Stated of America. Well done to follow your heart I’d say👏
@nomadcapitalist
@nomadcapitalist 3 жыл бұрын
Thank you.
@mikefranks4528
@mikefranks4528 3 жыл бұрын
The best video for Nomad Capitalist because it grass roots, just you and Andrew sitting down and having a comfortable but very serious conversation. Good stuff. Thanks, Andrew.
@nomadcapitalist
@nomadcapitalist 3 жыл бұрын
Glad you enjoyed it, Mike.
@stevetate8476
@stevetate8476 3 жыл бұрын
My wife and I are discussing this. Thank you for your insight and heart on the subject. Bless you.
@exas4791
@exas4791 3 жыл бұрын
Why has the U.S. made policies which force its best, brightest and/ or shrewdest, to renounce their citizenships out of practical reasons or principled stances ?
@matthewobrien5925
@matthewobrien5925 2 жыл бұрын
the coming retirement crisis. the problem with democracy = boomers always outvoting everyone & boomers now going into retirement. they have all the political power, but now have none of the labor force power.
@golondriz3
@golondriz3 5 жыл бұрын
I’m going back to my country, the Philippines and I am going through the process. It’s hard to do the exit tax thing. But when I am done with that I am going to feel free. Thank you so much for sharing your experience.
@anthonyluisi7096
@anthonyluisi7096 4 жыл бұрын
golondriz3 , good for you .. no more having to declare your USA taxes and bank account to the USA 👍🏻👏
@vipdemand5965
@vipdemand5965 3 жыл бұрын
What was the last day of your exit tax was it the day you faced consulate in person or the day you received cls certificate after couple of months?
@Temboz
@Temboz 3 жыл бұрын
Can someone clarify how this exit tax works?
@vipdemand5965
@vipdemand5965 3 жыл бұрын
@@Temboz somebody already did but the admin deleted that, i guess that's Andrews business strategy
@gabrielanak6000
@gabrielanak6000 3 жыл бұрын
GOOD FOR YOU!!! BRAVO
@roadrunner123
@roadrunner123 5 жыл бұрын
Interesting video. I have lived abroad numerous times in the past five years. Since returning, sometimes this renouncing thought comes to my mind. I do not feel that the U.S. represents me either. I can't say that another country represents me, but when I am away, I am glad I am away. When I return, it's great for a little while and then the need to go aways surfaces again. At times, it feels complicated. Perhaps this is something to consider, but I am not quite there.
@justintyme2043
@justintyme2043 3 жыл бұрын
I really appreciate you letting us in to see how your experience went and the hard truths that came with it. Thanks for the clarity!
@giovanni0908
@giovanni0908 6 жыл бұрын
Thank you so much, Andrew. This slightly emotional conversation is certainly your best video to date. Thank you for your mentorship and help as the leader in your field. This video has really allowed me to ponder my future and identity. It was just what I needed!
@DakotaCrossed
@DakotaCrossed 5 жыл бұрын
We have gone through this s as well. Your statement of it “felt like a weight off your shoulders” so spot on.. sense of dread is correct
@crazifyit
@crazifyit 3 жыл бұрын
This video was incredibly powerful! Thank you for making it! Thank you for the high level of honesty and not sugar-coating this. This video should be mandatory for every US citizen thinking of renouncing their citizenship.
@Dbiggs10
@Dbiggs10 6 жыл бұрын
Great video Andrew, and thank you for taking the time to explain in clear concise terms your decision.
@wataboutya9310
@wataboutya9310 2 жыл бұрын
My wife and I came to the US in 1979 from the UK. We have worked all our lives here but want to retire back where we came from. That is proving to be much more difficult than either of us anticipated. We became US citizens in 1986.
@luciel.5427
@luciel.5427 5 жыл бұрын
Wow! Andrew. Thank you for taking the time to tell your deep story !! It is just like to hear myself talk. I have been so down lately. It was a curious and happy coincidence for me that it happened to watch your inspiring video. Emotions are often ignored. You are brave enough to be vulnerable. My respect for you.
@alexds8452
@alexds8452 4 жыл бұрын
RESPECTS for being a global citizen & I thank you for feeling the pain of so many people's lives destroyed around the world by the US military industry complex. I commend your brave decision of letting go of US citizenship & your honesty in sharing your experience.
@nomadcapitalist
@nomadcapitalist 4 жыл бұрын
Thank you, Lexi.
@RealSamWolf
@RealSamWolf 3 жыл бұрын
I come from India, where the passport is laughably weak. I spent 5 long years in the US as a permanent resident and just became a citizen this year. It's a huge HUGE step up for me and I'm excited to ry out my new travel privileges. At the same time, I'm growing my business and soon, I think I might want to diversify my presence around the world. I love the thought of being a global citizen and not having any one country control you and your wealth. I completely understand why you left the states and I applaud you!
@clowndriver5576
@clowndriver5576 3 жыл бұрын
US just embraced you and made your life better. All you can do is contribute for that new place which can call home. Why would you applaud someone who did something that complete opposite of being grateful.
@8d4o0c4
@8d4o0c4 3 жыл бұрын
Your pants might not fit my butt, and vice versa. Citizenship needs can vary wildly from person to person.
@youtubeuserzzzz
@youtubeuserzzzz 2 жыл бұрын
Sam, please understand that naturalized US Citizens still do face challenges with a US Passport. Your POB (place of birth) can still limit you. It has already happened to many already. Some have been denied ETA visas etc. Citizenship changes. Your POB never will!
@2masterdingdong
@2masterdingdong 3 ай бұрын
@@youtubeuserzzzz Place of birth ? There's no such thing as place of birth but a birthright of the place .. without a birthright law there s no place as you were born anywhere.. so it s not a place but a law of right makes you a citizen. as you could be born in Germany or Japan and you are not as you are born there because they dont have the birthright right and its citizenship and you can't be their citizen. therefore, naturally you are born to the mother and come from that person and not as from the ground like a tree . lol
@t.l1357
@t.l1357 5 жыл бұрын
Thank you for your candor on your extremely personal decision. I have so much respect for you. I can't imagine how it felt to really align your life with your principles. Everyone talks about it but it comes at a tremendous cost to live in that way. Of course, there is also the great benefit of living with no regrets. So inspiring!
@nomadcapitalist
@nomadcapitalist 5 жыл бұрын
Thanks, T.
@sprezzatura8755
@sprezzatura8755 3 жыл бұрын
Andrew 2 years have passed since this video. It would be great if you could do a follow up video in light of the recent upheavals currently plaguing the United States. I find your content very informative and stimulating.
@thommysides4616
@thommysides4616 2 жыл бұрын
3 years now....
@sprezzatura8755
@sprezzatura8755 2 жыл бұрын
@@thommysides4616 Andrew saw the writing on the wall. He's way ahead of the Curve.
@prepperjonpnw6482
@prepperjonpnw6482 2 жыл бұрын
4 years now and I wish he would do an updated video about this.
@Nonofurbzness
@Nonofurbzness Жыл бұрын
Please do an update video on this. I am very interested in this topic. I’m not an entrepreneur but I do hope to be able to change that soon.
@baliyogatravelretreats
@baliyogatravelretreats 5 жыл бұрын
Just talked to a US citizen friend living in Paris. Like myself...she has lived most of her life outside of the states and has dual nationality. When I mentioned to her about Obama's FATCA...she responded..."then I will renounce my US citizenship". Simple as that. No 2nd thoughts. No heartbreak. No guilt. Time to get out.
@mynamename5172
@mynamename5172 3 жыл бұрын
@@Originalman144 Income is not the issue with FATCA. Its an obnoxious law that makes foreign banks not want to deal with Americans at all. You could earn $0 and have problems. Retired people have problems. It is awful, and probably one of the main "facts not feels" reasons people get rid of their US citizenship. PS. FATCA is so problematic you can have issues banking abroad even if you were born in the US, but you are no longer a citizen of the US (birthplace is on passports). And yes, the IRS may in fact hassle you if you fail to report one penny over the allowed exemption when working overseas (exemption is currently just over 100k). Zero accountants would tell you to rely on this "probably won't hassle you if you are only a little over" rule. The IRS is nasty, the tax code sucks and is overly complex, and this is another great reason to get rid of US citizenship.
@cantstopkevan
@cantstopkevan 2 жыл бұрын
This is one of my favorite Nomad videos, thank you for so comprehensively sharing your unbiased experience Andrew
@JamesGuzmanBorderless
@JamesGuzmanBorderless 6 жыл бұрын
Good video! When you have other good passports a US citizenship becomes more of a burden than a benefit. Seems like a no-brainer to someone in your shoes. Good luck!
@alexmac4039
@alexmac4039 4 жыл бұрын
@Mr Me liberty...seems you're being taxed so much that your brain cells don't work anymore.
@SenorJuan2023
@SenorJuan2023 3 жыл бұрын
@Mr Me I'm a military vet and I'll be leaving. Quality of life, weather, health care, and FREEDOM is better in a number of other countries. Do your research.
@Noble569
@Noble569 3 жыл бұрын
Question do you have a wife and children?🤔 Probably not, which can pose it's on level of challenges.
@sannamuh985
@sannamuh985 3 жыл бұрын
@@SenorJuan2023 Which countries do you think of when one has considered the examples you’ve excellently brought up?
@gwaiwohng2181
@gwaiwohng2181 5 жыл бұрын
What a great video. Seeing your open and honest experience is really on another level!
@nomadcapitalist
@nomadcapitalist 5 жыл бұрын
Thanks Gwai, glad you like it :)
@Mystique7
@Mystique7 6 жыл бұрын
Thank you for sharing that! It’s nice to see someone who is real & living their truth. Its been an emotional roller coaster for me. This really brought me some much needed clarity.
@Theblackhippieh
@Theblackhippieh 6 жыл бұрын
Much respect Andrew. You made a very brave decision. Best of luck!
@stephenhooper2249
@stephenhooper2249 5 жыл бұрын
Thank you Andrew for this amazing video. Very honest and pragmatic
@JerryMassey
@JerryMassey 4 жыл бұрын
Powerful. One of the most heartfelt videos I have seen on KZbin in a long time. This video came up on my recommended videos tonight so as someone who is interested in the topic, I wanted to check it out. I appreciate your sincerity in discussing this. I can definitely tell that you have a level of peace compared to most of the population which you are no longer a citizen of. This is why I am hoping to retire early in five years so I can live around the world as well. Fingers are crossed. Thanks for the great content.
@nomadcapitalist
@nomadcapitalist 4 жыл бұрын
Thank you, Jerry.
@ThomasMANGIERI
@ThomasMANGIERI 6 жыл бұрын
Thank you for putting it out there. I think it's fair to say that any US citizen who has lived abroad for a significant number of years has considered the path you took. If it's not too personal a question, could you share with us what your go-to passport or passports are now that you've moved on from US citizenship?
@thommysides4616
@thommysides4616 2 жыл бұрын
People of means always have an out or a loophole. I've lived in South Africa now for 13 years and have never once thought about renouncing my citizenship. I'm a die in the wool republican and I love sending in my vote once every four years. If the U.S. A. ever goes under..... it's all over everywhere anyways.
@youtubeuserzzzz
@youtubeuserzzzz 2 жыл бұрын
@@thommysides4616 nope and 😂😂😂, no where close to the truth. There was a world before the US and there will certainly be one after it's way less relevant. Happened with all others in the past......British Empire etc.
@Shrouded_reaper
@Shrouded_reaper Жыл бұрын
​@@thommysides4616 average voter, lol...
@kevinpritchard3592
@kevinpritchard3592 4 жыл бұрын
Thank you Andrew for being so honest and open about this subject. It took a lot of courage to make a video like this and I really appreciate your candor.
@nomadcapitalist
@nomadcapitalist 4 жыл бұрын
Thank you, Kevin, for the comment
@CASH_RULEZ
@CASH_RULEZ 4 жыл бұрын
Great Video... Thank you for spending your time to give us your RND. I'm needed to hear this.
@nomadcapitalist
@nomadcapitalist 4 жыл бұрын
Thank you IAMCASHRULEZ
@kingloads
@kingloads 5 жыл бұрын
Thanks for sharing, Andrew. I've watched your videos over the years and you do seem more relaxed in recent videos. I noticed this video is over a year old but for some reason only had it recommended to me yesterday.
@fg9650
@fg9650 4 жыл бұрын
Completely grateful that you shared your story. I’m going to follow a similar plan within 5 years. Thank you.
@nomadcapitalist
@nomadcapitalist 4 жыл бұрын
Thank you Fernando, I`m really glad you enjoyed this video
@rhondahale007
@rhondahale007 2 жыл бұрын
I’ve always enjoyed your videos. In the past I watched them to explore and evaluate what my bigger options were. But now after having watched this video I don’t know how I’ve never seen it before, my level of respect for you has just gone through the roof. I’m currently facing a very exciting future of doing exactly the same thing that you did and I am doing it out of a wide angle Lens rather than hate or frustration or feeling pressure. I am more seeing that it could open up tremendous opportunity and worldwide adventure with less tethers and obligation from a country that I just haven’t felt was home for many years. Thanks again
@danalivingabroad
@danalivingabroad 3 жыл бұрын
I feel like you just spoke my story out loud for me. Thank you for sharing.
@jacoblieberman7492
@jacoblieberman7492 6 жыл бұрын
thought provoking and emotional. I know it was hard but is for the best. I don't think you will regret it. regards, Jake
@torycook1215
@torycook1215 3 жыл бұрын
Thank you for taking the time to respectfully & emotionally expressing your feelings and rationale on your actions. You will always be an American at heart, yet we can understand your decision.👍🙏
@michaeliiams183
@michaeliiams183 Жыл бұрын
Andrew, I have only just came across your channel. This video of your renucification is powerfully heartfelt. I am awaiting my copies of your book to share with my team, and one day looking forward to your mentorship. Thank you very much for sharing your life.
@nomadcapitalist
@nomadcapitalist Жыл бұрын
We will be happy to serve you.
@mijpolnud
@mijpolnud 3 жыл бұрын
Just want to express my gratitude for your time, and perspective on this subject. I'm just beginning to consider the process of renunciation, and found this video helpful, and clear.
@nunyabiz117
@nunyabiz117 6 жыл бұрын
Congrats Andrew, a lot of what you're saying here echoes how I feel. I used to be much more angry with how things were going in the U.S. but since I left three years ago that has really changed how I view things. I think living there was breeding a sense of powerlessness, like I was being drug further and further in a direction I didn't want to go in, so leaving relieved that sense. Renunciation will be the final step. I'm on the verge of getting another citizenship, but before long I'd like to reach out to your team through your website for some consulting if possible on which Embassy to use, etc. Thank you for all the free information you've provided over the years, Nomad Capitalist has been a major source of quality info and also inspiration for me.
@nomadcapitalist
@nomadcapitalist 6 жыл бұрын
Nunya Biz Thanks!
@Lando-kx6so
@Lando-kx6so 5 жыл бұрын
Feel the exact same way
@zahir585
@zahir585 3 жыл бұрын
Outstanding content I’m so glad I came cross your channel. Thank you so much for sharing your experience.
@nomadcapitalist
@nomadcapitalist 3 жыл бұрын
Welcome!
@w0bblyd0inkb0ink
@w0bblyd0inkb0ink 3 жыл бұрын
You have this critical thinking and integrity, honesty making this decision and following through so you can be your own ‘authentic’ person, I am so grateful you shared this to the world, thank you very much❤️.
@NYTruthseeker
@NYTruthseeker 4 жыл бұрын
Thank you for your integrity and generous sharing of your journey @Nomad Capitalist. I was moved by your sharing, and think I may be heading down the same path for the same reasons. May we all be global citizens and share a common heart one day. Many blessings to you.
@SolomFoz
@SolomFoz 5 жыл бұрын
Thanks veey much for sharing your story Andrew. It feels hard to immigrate or renounce your citizenship, but you regain your identity and you get to choose what country is worth to represent you and deserves your money, time and energy. Thanks for sharing again Andrew.
@nomadcapitalist
@nomadcapitalist 5 жыл бұрын
Thank you! You'll always have your own identity, regardless of the country you belong to. :)
@manub.3847
@manub.3847 5 жыл бұрын
It always depends on which country you come from.For some, it is clear very early on that they want to become citizens of the country they are moving into. For others sometimes comes a special point after years of consideration. Even if you grew up in the country whose citizens you want to become.
@Merseyrock
@Merseyrock 3 жыл бұрын
@@nomadcapitalist Indeed. Cultural essence and nationality are distinct constructs.
@darreld.7174
@darreld.7174 4 жыл бұрын
Thank You for making this Video. Ive Been greatly researching this topic, and lately its been refreshing to see people sharing this experience. I totally respect the personal aspect of this process you keep mentioning. It was very personal beliefs that evolved into something else, that led me to this conclusion. I am a teritory national in the US right now, but this step is next. Thank You for sharing, id love to hear more! Nevermind the haters, they have agendas... this isnt about or for them. You have been quite clear and objective, even about your own subjectivity. Thank you again!
@nomadcapitalist
@nomadcapitalist 4 жыл бұрын
Darrel D. Thank you, Darrel
@cheerbozz
@cheerbozz 4 жыл бұрын
Nomad Capitalist am an American in Ohio. I want to explore Canadian Citizenship. I do have family in Ontario but non of them ever worked in USA. Am curious if Canada’s CRA & IRS share info on income if one is dual citizenship. I know both US-Canada are historically and culturally super tight 🧐
@nycstandsup
@nycstandsup 3 жыл бұрын
A beautiful heart-to-heart thank you for sharing ❤
@nabilrise1551
@nabilrise1551 4 жыл бұрын
I liked this video, it's longer than usual with you just talking but it was really interesting. (I would have loved knowing the other reasons but I get it) Good luck
@tommyh2884
@tommyh2884 5 жыл бұрын
So which citizenship do you have now?
@alexmac4039
@alexmac4039 4 жыл бұрын
@@user-ci6hd6oe6w If you had those two citizenships, where would you eventually consider building a home to live permanently? Thats the part I'm trying to figure out.
@MegaBallPowerBall
@MegaBallPowerBall 4 жыл бұрын
@@alexmac4039 He lived in Malaysia, Mexico, Georgia, Montenegro and is looking at moving to Colombia. Plus his wife is Armenian so he could always go there.
@mlegnar
@mlegnar 4 жыл бұрын
Hey Andrew, thanks for the video. I really appreciated the perspective and information even though right now I am not planning on your personal strategy with regard to US citizenship. I'm currently working to get more diversified and get a 2nd passport. Thanks for all you do!
@nomadcapitalist
@nomadcapitalist 4 жыл бұрын
Glad it was helpful, Matt.
@zed9zed
@zed9zed 4 жыл бұрын
This is really an exceptional video. Your complete honesty and sincerity is touching, and it makes me consider this issue carefully (as an American approaching the possibility of an EU country passport). Thanks for making this video.
@nomadcapitalist
@nomadcapitalist 4 жыл бұрын
Thank you.
@Mr.freedom_
@Mr.freedom_ 6 жыл бұрын
Great Great Thank you Andrew for sharing and info keep them coming!!!!
@Korto11
@Korto11 6 жыл бұрын
Great video, good luck. See you in Monaco !
@sandip17
@sandip17 3 жыл бұрын
Very thoughtful and insightful.
@mysteriousme3006
@mysteriousme3006 3 жыл бұрын
This is actually heart touching. Thanks for sharing.
@suzannes783
@suzannes783 Жыл бұрын
Dear Andrew. Thank you so much for making this video. I've only recently discovered Nomad Capitalist, and it's honestly been quiet life changing. For this alone, I am very grateful. Your very personal recounting of your decision and the process of renouncement is particularly meaningful, as people don't talk about it. I have lived outside of the United States for over 20 years (regretfully went back for a short while and was so happy to leave) and am working on my 3rd passport. I certainly have not felt "American" for many years (probably most of my life, even before I left). I do truly feel like a citizen of the world, and I'm told by my friends and colleagues that they see the same in me. I often think about renouncing. I am angry about double taxation. I am appalled by so many political and social issues in the US that I can't identify with in the least. But watching your video reminded me of a couple of qualities in myself - and as you say, this is such a personal matter. As soon as you described walking into that office to declare the words of renunciation - I had to pause your video, as I immediately teared up. On an emotional level (so not the reality) I do hold very strong romantic ideals upon which the United States was originally created (and yes, culturally Americans are powerhouses at marketing!). Your video was a very powerful check on how I ultimately feel personally about renunciation. It appears I'm not so on the fence after all. But when I restarted the video and you described how emotional the experience was for you - and how it felt like a romantic break-up - bingo. That's it! It's the romantic ideal that keeps me wedded to my US passport. At least for now. A divorce could still happen in the future. But you helped me identify the crux of the issue. Thank you! I also know that I am a person who likes to have the flexibility of many options. But now the next goal is to get to the level where I can hire Nomad Capitalist to help me best strategize on how to legally minimize my tax and live in multiple countries (the winters are too bloody cold and dark where I'm living to establish my 3rd passport at the moment!). Thank you for talking about such an extremely difficult and personal subject. As I say, I am personally very grateful. That was a brave video to shoot.
@britishchickinusa
@britishchickinusa 3 жыл бұрын
being a military vet i can honestly say alot of my friends who were lucky to go overseas never came back or even wanted to i predict that America will soon be full of 3rd world nomads that come here out of necessity and alot of citizens will jump ship if given the op
@kristinadanchenko6132
@kristinadanchenko6132 3 жыл бұрын
Vet also, just got back from overseas and didn’t come back by choice.
@moonlight-kh6uz
@moonlight-kh6uz 5 жыл бұрын
Great video. By far surpasses the very best CEO speeches of all time! I wonder if there is a video about older people and nomad capitalism?
@fmagalhaes1521
@fmagalhaes1521 5 жыл бұрын
Andrew: I did have a question that I have not seen answered regarding the renunciation process. I know that there is a delay from the renouncement ceremony until the US State Department approves the renunciation. Then from what I understand, you have to go back to the consulate to have them stamp your renouncement forms. I was curious if you have received approval yet. Thanks!! :):)
@melaniegrant855
@melaniegrant855 3 жыл бұрын
Im so grateful for this video and it fell into my feed at the perfect time. I've always wanted to live outside of the U.S. but I never knew that renouncing citizenship was an option.....it didn't even cross my mind....UNTIL NOW. Now it's all I can think about. The fact that I'm so excited about the possibility is surprising to even me. But that in itself is quite telling. I'm grateful to you. Thank you for leading the way and providing food for thought as well as inspiration.
@nomadcapitalist
@nomadcapitalist 3 жыл бұрын
Hi Melanie, amazing words! Thanks a lot!
@johnturner8467
@johnturner8467 5 жыл бұрын
Andrew, Thank you for sharing your Renunciation experience and motivations with way us. My own motivations for Renunciation in 2012 are much the same as yours. I already had the benefit of Dual Nationality, but felt increasingly uncomfortable with the way America was going over a number of years before hand. However, my experience of the event was a long way from a cosy chat. The hostility and intimation I experienced from the State Department officials on my second visit could have easily frightened as less determined person off. I got the full stand at the booth window, with the official, an assistant, a Marine and the American Flag confrontation. The attitude and the atmosphere was, as you say like breaking up, but with a very angry partner. I hope others, who venture along this route have an experience more like yours than mine.
@nomadcapitalist
@nomadcapitalist 5 жыл бұрын
Thanks for sharing your experience.
@bogmelochej
@bogmelochej 3 жыл бұрын
I felt deeply humiliated by the US visa application procedure. Every clerc in the Embassy wanted to demonstrate me that Americans are upper class and I as a Russian is a second class person begging for a favour. Awful! I was so shoked that even wined when I went out of the building. This was a simple tourist visas for visiting my friends and trekking in national parks! I was not going to live in the USA and use their social care system.
@Horoscopephobia
@Horoscopephobia 3 жыл бұрын
@@bogmelochej i understand you (im brazilian and female, so they also think im going to chase some husband to get the green card)
@philandowhite352
@philandowhite352 5 жыл бұрын
Thank you for your truth this is motivation
@juliebelize4285
@juliebelize4285 3 жыл бұрын
Thanks so much Andrew. This makes sense to me. I appreciate your authenticity.
@nomadcapitalist
@nomadcapitalist 3 жыл бұрын
My pleasure Jule!
@UKxKDH
@UKxKDH 4 жыл бұрын
Love hearing your story! Congrats!
@nomadcapitalist
@nomadcapitalist 4 жыл бұрын
Thank you Kiara
@elsbells8545
@elsbells8545 6 жыл бұрын
don't regret your strategy of leaving USA, its a good point ........:-)
@farhiyaa4880
@farhiyaa4880 5 жыл бұрын
I really appreciate all the work you do into your videos. Its really thought provoking. I am a US citizen but never "feel american"...everyone asks where are you really from? I think you made the best decision, financially as well as value system. I want to live where I am treated best.
@juniorp726
@juniorp726 5 жыл бұрын
Farhiya A Unfortunately I understand your position when white Americans ask me a born american “where are you from?” My answer “America.”
@Mickster62
@Mickster62 3 жыл бұрын
Thanks for the very heartfelt explanation. We've been living the expat life for a couple of years now in Spain, but are kicking around hitting the road for a few years. Your content has been very helpful just to bring additional considerations to my attention. Keep up the great work!
@nomadcapitalist
@nomadcapitalist 3 жыл бұрын
Thanks for sharing! So happy to have you😊
@sandykl
@sandykl 3 жыл бұрын
I am so happy that I found your channel. The fact that there are others that feel in some ways the same as I do about being an American brings me so much relief. From a really early age, probably 12 I just knew I was naturally not drawn to my surroundings. At 15 and 16 I flew to Italy after many years of wanting to move to Europe SO badly, I went to study abroad to get some satisfaction of living the life I wanted. I was extremely adamant about my feelings and decisions and I still feel that way.
@Tpry
@Tpry 4 жыл бұрын
You don't have to be identified with your country's mistakes/wrongs; you are not responsible for it, you should not feel guilty about it. Every country has its own flaws/bad side.
@Aussie_keto
@Aussie_keto 6 жыл бұрын
Andrew, I am an active duty US military member who just got back from Afghanistan. I am also an immigrant. This so-called freedom I went to war for America for is stripped from you if you want to live overseas. I am renouncing as soon as I go home to Australia. What freedom did I exactly go to war for again??
@l.a.rivasesq.8841
@l.a.rivasesq.8841 3 жыл бұрын
Thank you for a thorough video about this process.
@glenzettap
@glenzettap 4 жыл бұрын
Thank you for sharing. You answered my curiosity about many things
@nomadcapitalist
@nomadcapitalist 4 жыл бұрын
Glad it was helpful!
@waywardgeologist2520
@waywardgeologist2520 6 жыл бұрын
Thanks for sharing the video. I've been thinking about renouncing my citizenship for over ten years but I haven't gotten to the point of figuring out how to specifically do it given I'm tied into a standard job; if I could figure out how to make the Nomadic Geologist work I would. Anyway, the best line of the video, " It's not my circus," is a sentence I hope to eventually say myself.
@MarkRose1337
@MarkRose1337 6 жыл бұрын
While I have no desire to give up my current citizenship, I have had similar conversations in my head about identity and identifying as a citizen. I appreciate your sharing of your thoughts on this.
@georgegreen9003
@georgegreen9003 5 жыл бұрын
Any problems or issues getting a nonimmigrant visa B2 or B1 after renunciation.....???
@PauloGaetathe_original
@PauloGaetathe_original 5 жыл бұрын
As a citizen of Brazil who needs to have a B2/B1 Visa for visiting the US, I can tell you that they will investigate your financial situation in every detail before granting you the Visa. Of course, if your passport is from the nations that don´t require a Visa for the US (European Union, Japan) that does not apply. Overall it´s a rather intimidating process but if you do have the financial capability, they will grant you the Visa. I hope this helps.
@craiggibson9725
@craiggibson9725 6 жыл бұрын
Excellent video. I have been thinking about this for a few years.
@Flashistic
@Flashistic 3 жыл бұрын
Thank you so much for relaying your experience with the Dept. of State via an Embassy. My family and my best friends family hails from that background. Not from the political side. I'm glad you did your research and so glad you shared what is a unique and much needed mentoring.
@paulconnors2078
@paulconnors2078 3 жыл бұрын
You make a powerful statement here, Andrew.
@regiejohn15126
@regiejohn15126 5 жыл бұрын
Hi Andrew, After reading your article and watching this video, I want to thank you for sharing your experiences. Renouncing ones citizenship is not an easy processes involves with emotional decisions i.e past identity, comfort, fear of the unknown, consequences etc. If one does no longer ''identify'' or ''feel'' as a citizen of the habitual country that one has born/grown up in, then there is a reason to renounce. Love your content and keep on what you're doing. You are an inspiration to me. :-)
@nomadcapitalist
@nomadcapitalist 5 жыл бұрын
Hi John, thank you for your kind words. :)
@alanfrombelfast4920
@alanfrombelfast4920 6 жыл бұрын
Good man, good introspective honest video, thank you for posting.
@barbdennis8669
@barbdennis8669 6 жыл бұрын
Wow, that was a huge move. I honor your journey.
@deshonmiller5573
@deshonmiller5573 6 жыл бұрын
You know it was time to leave. Hands down I understand and respect your decision. Peace & good move.
@cherylliao2024
@cherylliao2024 6 жыл бұрын
I don't understand why you gotta pay so much money to announce to someone you no longer want to be a member of their club. Why not just toss the membership and not show up?
@shin-ishikiri-no
@shin-ishikiri-no 5 жыл бұрын
Yeah, that's the US trying to scare it's slaves into staying on the plantation.
@JamesonLemonade
@JamesonLemonade 5 жыл бұрын
Because then you can never return - even at the airport passing through - as on at least some level you may be declared a criminal. So paying $2350 to leave on good terms and come back whenever you want, especially if you have tons of family and friends in the US, makes sense.
@shin-ishikiri-no
@shin-ishikiri-no 5 жыл бұрын
Farewell VHS True family and friends would visit me in my new country anyway.
@thegreatestalive
@thegreatestalive 5 жыл бұрын
Just curious can they arrest you in a foreign country for tax evasion? Our can you just stay away you still own the taxes but like in scarface if you become mega wealthy the whole issue will more then likely be swept under the rug for a small fine
@gregr.9547
@gregr.9547 3 жыл бұрын
If US citizenship was like a Sam’s Club or a Costco membership that you had to renew every year the US politicians would probably treat their citizens much better.
@reembtsv5009
@reembtsv5009 6 жыл бұрын
I love manyy things about this guy, thanks for sharing and I reaalllyy respect your honesty with yourself and others and just honesty and rightfulness with the way you live, wish you all the best!!
@nomadcapitalist
@nomadcapitalist 5 жыл бұрын
Thanks, Reem
@reembtsv5009
@reembtsv5009 5 жыл бұрын
Nomad Capitalist no problem! (freaking out that you replied im a big fan so thankyou☺️)
@brennaarthur2173
@brennaarthur2173 3 жыл бұрын
So emotional and deep. I've never felt like I am "home" in America. I would love to expatriate and denounce or renounce one day. Very inspiring
@raypeene2683
@raypeene2683 5 жыл бұрын
Andrew, thanks for this video and the open honesty behind it. Huge respect from a Kiwi resident in Australia.
@fredsmith1813
@fredsmith1813 5 жыл бұрын
Someone has to pay taxes for the US industrial military complex. No brainer get rid of the US passport
@kevinl8440
@kevinl8440 3 жыл бұрын
Yeah bc the US is too dumb to charge Germany and all of Europe for their defense or Japan or South Korea. Trump is changing that. He is demanding no more freeloader on our military.
@Jeje-rb1vu
@Jeje-rb1vu 3 жыл бұрын
@@kevinl8440 Perhaps Trump, that " patriot" should start to pay taxes himself no? He already dodged the war... how much more can he screw the country?
@fredsmith1813
@fredsmith1813 3 жыл бұрын
@@kevinl8440 Far from it the US Industrial military complex not only extorts billions from hapless US citizens but many other vassal states like Saudi Arabia, South Korea , Australia who pays billions upon billions in "protection" money via the purchase of overpriced junk weapons.
@erwina4738
@erwina4738 3 жыл бұрын
@@kevinl8440 Didnt Trump increase the military budget by 200 billion? A 33% increase from its previous budget? Lmao get your head out of the ground and wake tf up.
@kevinl8440
@kevinl8440 3 жыл бұрын
@@erwina4738 Wtf does increasing the military budget have anything to do with protecting Germany. Trump PULLED TROOPS OUT OF GERMANY. Get YOUR head out of the ground... I'm ex-military btw loser so don't school me on military matters
@aaronjerome6024
@aaronjerome6024 3 жыл бұрын
I very much appreciate you and your time and your experiences!! And I am grateful for you sharing them!! I have now subscribed and I will join your site. Thanks
@nomadcapitalist
@nomadcapitalist 3 жыл бұрын
Thank you.
@doyoueatrocks
@doyoueatrocks 5 жыл бұрын
Hi, I (also) want to say Thank you for sharing this obviously hard experience. I love you and I love this channel.
@nomadcapitalist
@nomadcapitalist 5 жыл бұрын
Hey! Thank you, we are glad to hear that you are following us and that you like our content.
@tumarfa
@tumarfa 5 жыл бұрын
No one is obligated to loyalty towards a specific government/state. A state is neither the land nor the people, and its laws do not equate to the values of the people. In my experience, many US citizens can't separate the US state from their own identity, which seems weird and very unhealthy to me.
@bestaeroplane
@bestaeroplane 6 жыл бұрын
Thanks Andrew, for your views on Life.
@kimberlymason4974
@kimberlymason4974 5 жыл бұрын
I was just reading something that said you had to have a passport from somewhere else before they would renounce your citizenship. How do you go about that, inexpensively?
@anthonywarren8717
@anthonywarren8717 2 жыл бұрын
thank you for you honesty. Quite refreshing.
@SirJoelsuf1
@SirJoelsuf1 6 жыл бұрын
Good stuff. I was considering renouncing and moving somewhere in Southeast Asia (either Thailand or Singapore) but don't really know if its necessary. I intend to make my living at home as an author and freelance copywriter, and the concept of the digital nomad seems right up my alley since I am obsessed with personal freedom.
@PauloGaetathe_original
@PauloGaetathe_original 5 жыл бұрын
My humble opinion: Don´t even think of renouncing, A US passport is very good in Southeast Asia, you can easily obtain the Visas and extensions. If you are ashamed of your government just pretend to be Canadian. Good luck.
@timlinator
@timlinator 5 жыл бұрын
@@PauloGaetathe_original I'm dual citizen with Irish passport too. The world doesn't hate Ireland like it hates USA. I travel on that and have no issues in Asia or elsewhere.
@albertl.9146
@albertl.9146 5 жыл бұрын
@@PauloGaetathe_original I'm a now former US citizen who also has a Taiwanese passport. I always travel on that and never use the US one. No one around the world detests and despises us Taiwanese like they do Americans. In addition, a Taiwan passport also carries plenty of visa-free privileges and is almost as strong as most Western countries' passports.
@alexmac4039
@alexmac4039 4 жыл бұрын
@@albertl.9146 Help me apply for a mechanical engineering job in Taiwan?
@denaliocean7510
@denaliocean7510 6 жыл бұрын
Having experience with US renunciation, what can be said is that this is not a difficult process. It is not an ominous or a major overwhelming decision that you really have to be careful with that you could regret for the rest of your life, as the US government and the vice consul at the consulate will make you think. In other words, it is really not that big of a deal. You just need to make sure that it is the right decision for yourself and only you can make that decision. If you have citizenship in another country or even if you do not and you become temporarily stateless, but you know you will later get citizenship where you are currently residing, and you are safe and secure in your current place of residence outside the US, and there simply is not a need for you to hold US citizenship, then consider renouncing. It is not that big of a deal. The problem is the US government wants you to think this is really ominous and a very detrimental decision if you decide. Nothing can be further from the truth. You will actually find yourself being more free and happy, assuming you do not need to stay in the US longer than three months out of the year. And if you want to go back long-term to the US, you can always obtain a visa and go back. It would seem that the US would welcome you back as long you have work or can sustain yourself, and be a taxpayer again. You just immigrate as anyone else would.
@nomadcapitalist
@nomadcapitalist 6 жыл бұрын
Denali Ocean Sure, however not all non-citizens can spend “three months”, and the amount of time one can spend could be more or less depending on tax considerations and visa issuance.
@denaliocean7510
@denaliocean7510 6 жыл бұрын
Yes you might end up falling into the US tax net staying three months out of the year repetitively. The rule on this is a little complicated. And I am referring to a passport which has visa free travel to the US in regards to the 90 day stay. And the particular renunciation experience I personally have experience with, is in regards to subsequently obtaining a top-tier passport.
@albertl.9146
@albertl.9146 5 жыл бұрын
@@nomadcapitalist That's true, and also the US CBP immigration officer can chose to reduce your stay to something like 60 or 30 days instead of the normal 90 days for almost any reason, especially if (s)he feels you don't have sufficient funds to survive your stay in the US without working, which is obviously illegal unless you have an employment visa. That's IF they decide to let you in.
@TabTries
@TabTries 3 жыл бұрын
Thank you for sharing your feelings and thoughts on that process. It is always nice to see the human and unangry side of what is possible.
@nomadcapitalist
@nomadcapitalist 3 жыл бұрын
You're welcome, Tabatha.
@maigursstalidzans8870
@maigursstalidzans8870 4 жыл бұрын
Great video! Thanks for sharing Andrew!
@nomadcapitalist
@nomadcapitalist 4 жыл бұрын
Glad you enjoyed it!
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