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9 Reasons for Consideration of Dual Citizenship

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9 Reasons for Consideration of Dual Citizenship

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A second passport will ensure that you reap all the benefits – tax optimization, improved travel potential, protection against controlling governments, and more – counterbalanced by an acceptable (to you) level of risk.

As someone who holds multiple citizenships from around the world and enjoys the benefits and security of the Andrew, know why you need to do the same and get your second passport. In this video, he will share nine reasons for considering dual citizenship.

00:00 Start
1:35 What are the Benefits of Dual Citizenship
2:27 Security
3:59 Asset Protection
4:59 Mobility
6:56 Living in Shanghai
7:44 Investments
8:02 Malta Citizenship by Investment
8:12 Investing in Cambodia
8:43 Generational Planning
10:12 Culture
12:23 Lifestyle
11:52 Education
12:02 Employment

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”.

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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.

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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.

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18 COMMENTS

  1. I have a naive question about homeschooling and conflicts in laws more generally. If I'm a dual citizen of two countries. One allows homeschooling and the other does not, how is this handled?

  2. Governments are cracking down on dual citizenships. Friends of mine have dual passports and struggle with bureaucratic harassment. They have some type of entry database that links a name, dob, and passport, so governments can track those who have dual or multiple citizenships. Depending on the country, they will make your life hard if you have another citizenship. Some countries force you to opt between one or the other. This is commonplace in legacy brand countries.

  3. So if I’m not yet a “7-or-8-figure” entrepreneur, how do I go about applying for my dual Italian citizenship by descent? Please advise; serious inquiry here.

  4. I’m fine with my dual citizenship (Colombian and Dutch) I don’t see the point in going for more citizenships. I already have the freedom to live in 36 countries (EU + Mercosur)

  5. I wouldn’t put a factory in Shanghai; you’re just asking to get IP robbed. Better to go with Taiwan or maybe Vietnam.

    As for education, isn’t the US still good if you’re working on cutting-edge tech?

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