Nomad Capitalist is all about going where you’re treated best. We often recommend building your passport portfolio by obtaining a second passport in the shortest time possible.
Over the years, we’ve had plenty of established entrepreneurs looking to expand their businesses or develop their passport plan B. Tax reduction remains a major reason for moving to another country.
In this video, Andrew explains how to get tax-free citizenship and shares some of the best passports.
00:00 Start
1:20 Caribbean Citizenship
2:54 How to get Colombian residency and citizenship
4:15 How to Get Maltese Citizenship
5:00 Living in Portugal
6:28 The best passports
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:
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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I came here to learn how to invest after listening to a guy on radio talk about the importance of investing and how he made $960,000 in 4 months from $160k, somehow this video has helped shed light on some things, but I'm still confused, I'm a newbie and I'm open to ideas.
The Portuguese NHR program was changed form 0% to 10% unless there is some other option under it.
What about liberland? Ha ha. Oh and I thought creme-de-la creme tax free citizenship in Europe was Monaco not Malta. Malta still has income taxes (frankly I'd prefer Andorra to Malta, but I know that's a personal subjective preference).
Hello Andrew,
Why don't you have a passport from St. Kitts & Nevis❓ You mentioned having one from St. Lucia and acquiring one from Antigua & Barbuda… So, why those over St. K & N❓❓
Is there anywhere to buy your book (ebook version) that isn't amazon?
Thank you Andrew and team.
We all don't really need to worry about the dump in Bitcoin price, Bitcoin still remains one of the best investment one could make in life. More persons are gonna be millionaires and we have bitcoin to thank for that
I did not watch the vid but I can sum it up so u dont waste time – unless you get a u.s. citizenship, you will be taxed by residence.
Get ready for Putin to roll into your beloved Georgia. But maybe you would like that?
I’m from the UK but grandparents are from Antigua and Barbuda so I’m entitled to citizenship through them (I’ve been lead to believe), however, does this entitle me to tax breaks if I set up a branch of my business in Antigua?
I appreciate any feedback.
Great stuff,I started watching your videos last year as a beginner before giving stock market a trial. I was able to make $57,890 within 3 weeks with a capital of $12,070 and I realized the secret of achieving your dreams life is saving for a better investment
These are not realistic for most people. You need to look at the source of your income. Move to a tax haven and if your income is still from a western country, guess what, you're still going to be paying taxes.
None of these strategies are viable for most people
I recently got my Dominican Republic birth certificate and national ID card. I have been going through the citizenship by descent process since July 2021, or June 2021 if you count the time it took to get my US birth certificate, which was needed for the process. I will soon get my passport. This will give me visa-free access to Russia. I would also like to get citizenship in an EU country and my Dominican citizenship will allow me to apply for Spanish citizenship with two years of residency, instead of the usual 10. Anyone with a citizenship of Ibero-America (including those with Puerto Rican citizenship), Portugal, Andorra, the Philippines, Equatorial Guinea, or France, or if a person is a Sephardi Jew, he or she can apply for Spanish citizenship after two years of living in Spain. If you marry a Spaniard, the residency time required would be reduced to just one year.
In 2021 the U.S. taxed me 4OO% more than my annual expenses and I did not spend one day there. That's criminal.
Andrew, South Korea just implemented this thing called K-ETA where people who have visa free travel into SK now have to pay for this request to enter into the country. Is this becoming a new common thing with countries who already give visa free travel into them?
Andrew what are the best locations to renounce US citizenship? They are still hiding behind the cvirus excuse and not opening or honoring even appointments.
Hi Mathew, could you please speak about second passport for Russians nowadays? thank you
Hi Mathew,
Excellent presentation. My first time learning about citizenship in the United States 🇺🇸 and surrendering my citizenship in order to be removed from US taxation as a US person.
Even with the current dip in crypto currency’s, I’m still glad I can smile 😊 back at my portfolio of $109,700 built from my weekly trade, I’m having my fourth withdrawal in 10 business days😊😊
For most people who want to gain citizenship in a country and also intend to live there (US persons excluded), CBI becomes redundant because you could just be naturalized in the ordinary manner. Get some legal basis for your visa (employment/business) and move, passport will follow eventually in most places.
🤓🤳
All due respect – how much of your money is tied up in Russia?
Switzerland is the best place to be, a good balance between low taxes, very very high quality of life, highly specialized careers with high salaries and neutral and stable place.
It's hard to get in if you're not from the EU/EEA/EFTA though.