The Country you need to avoid as a wealthy individual, Republic of Georgia.
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In this video we talk about the Republic of Georgia, the country that is highly promoted by large companies in the offshore industry as the best place to start an offshore company, do crypto banking, and pay lower taxes. I explain the many reasons why Georgia is a terrible place for wealthy people, and which countries to choose instead of Georgia.
The Republic of Georgia is a beautiful country with amazing nature, but it’s not a place you should consider if you want more freedom and happiness in your life as high net worth individuals. We consider other places like Dubai, UAE or Portugal as much better options. Careful with companies out there selling you a dream, do the proper research.
Mentioned in this video:
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Other related people in this topic:
Nomad capitalist, offshore citizen.
DISCLAIMER: This video is not tax and/or financial advice. Any information or advice I give is purely based on my own experience and research. I am not a tax professional and/or lawyer and/or accountant so I am not liable for any steps you take to lower your taxes. I’m not a financial advisor nor do I pretend to be. Always do your own research.
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Do you have any info on South Africa?? Especially cape Town. Love your videos btw.
Did you steal their tears? 🤣
Nice video, that Hemderson guy goes on pushing and promoting, I guess he probably has some incentive into coning people into getting a Gerorgian passport
Mr Bernard is legit and his method works like magic I keep on earning every single week with his new strategy
Does Dubai and India Share info through CRS?
Fully agree with you on the Russian threat. That's the top reason why I dropped Georgia as a retirement place for me. Meanwhile, how about Iran being next door to EAU? Did you ever think about that? It is at the same threat level as Georgia. One main reason I chose Thailand, they know how to keep themselves safe from the big bullies. They have excellent relationships with the West and the East. If war breaks between the West and China/Russia, Thailand will be one of the safest places for refuge.
wow, you are like Rambo, who kicked gypsy in the chest!
Is it expected that the Caribbean countries that have citizenship by investment programs lose the advantage of accessing the Schengen countries without a visa, as happened with Vanuatu? And when will the European Commission re-activate the visa exemption agreement between it and Vanuatu again?
These past few days watching my portfolio decline is very disheartening. Holding doesn't really profit much, any idea how on how to earn better on the short run?
Absolutely true!
True 👍its sad also the government of georgia and courts are questionable
is georgia still giving high interest on bank deposit base on their local currency georgian lari?
If I want to invest in Dubai real estate and international stocks, will I get taxed the corporate rate for holding these assets in a holding company?
Georgia is a worst place for expats.
I got offered a job there recently and had to pass on it. While the pay was insane given the actual average income there, I still didn't want to make it home. Holding out for Portugal.
Thanks quite useful. Was in Tbilisi a few years ago (flew from Turkey) and loved it, but tbh didn't drive around on my own ..
Any info on the Maldives, I’d love to see your take on it
Cheers
Just like I commented about George a while ago in one of your videos it’s not the country where you want to settle in. There is a difference between travelling and living
Could you make a video on Malaysia? Visas, taxes, lifestyle etc.
What a bold and honest immigration review. Very rare
I've been to Georgia 2x. The first time, we had a great time. The second time, not so much. Yes, Tbilisi is inexpensive with unique architecture but there's also a ton of traffic, pollution and not much to do.
I really enjoyed Batumi though. If I were to live in Georgia then I'd live in Batumi.
Atlanta is a great place. you ever been to buckhead?
Their COVID-19 policies in these two years are such a turn off too.
I will NOT consider any country/city that has (or might have) forced testing, vaccination, or mask mandate.
Rafael. I'd love to see a residence visa / tax planning video for The Seychelles.
<Can you make a video explaining how beginners can make huge profit within a short period of time? I mean i was at a seminar and the host spoke about making well over $580,000 within 4months of investing $120,000 I just need to know how.<
<Even with the economic fluctuation,I'm very excited to have earned $45,000 on my $10,000 investment every 10 days>
U are absolutely right💯
what about portugal? specifically lisbon and porto, would love a comparative video about that with dubai
I had a complete different story, I spent a month in Georgia and enjoyed a lot. Was very safe , cheap as f… Nice coffee places and restaurants with amazing food. Agree though about the complex geopolitically location they have , a bit risky at the moment.
Hello sir as a foreigner how I can allowed to open bank accounts in uae . What are the steps to open bank accounts in Dubai. Please answer my question as soon as possible thank you