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There are many ways to obtain a second passport, but the quickest path is to simply buy one.
whether you refer to it as ‘buying a passport’, ‘economic citizenship’, or ‘citizenship by investment’, they all mean the same thing.
Certain governments are willing to grant you citizenship and a passport in as little as three months in exchange for a sizable investment or donation in their country. Caribbean countries are one of them.
If you are looking for a peaceful place to settle, then the Caribbean is your place.
The Caribbean Islands are known for their peaceful and beautiful demeanor. They are all a bunch of aesthetically appealing islands with crystal blue sea, clear skies, and fresh air. It is the perfect break to take from life.
The perfect escape anyone could look for. You can make these islands your permanent home or retirement destination and have it just as you want. The Caribbean has a series of islands to choose from. Besides all these reasons, we don’t recommend buying Caribbean real estate for citizenship. Wondering why? In this video, you will find an answer.
00:00 Start
00:13 Buying Real Estate for Citizenship
01:29 St. Kitts Passport
03:00 How To Avoid a Scam
05:40 Investing in Foreign Country
10:16 Citizenship and Naturalization
11:40 Turkey Citizenship by Investment
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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Woman with an evening gown? Lol Im dying!
I dont have the kind of funds to use your services YET but when I do..Nomad, youll be our guy. I appreciate your thought out analysis and it helps me plan for a future brighter than today, thank you!
Andrew, do you recommend buying real estat in Sicily, Calabria, and so on?
As an Antiguan citizen, you indeed get a better return on your money just putting USD into the banks here. Better service treatment and features.
The real estate here to speak freely will destroy your investment, not worth it.
I'm originally from libya (north african country with a shity passbort).. Me & my friend gathered some money to buy (st lucia) passbort.. Costs about 100,000$..
My friend bought it & got it, & now he can enter to about 170 countries without Visa applications..
I'm almost finish gathering tge money.. So Do u advice me to cancel the deal?
This guy doesn't know what he's talking about
So real estate investment in the Caribbean hotel/development is most likely a simple Ponzi scheme.
The Stamp duties are killer.
I thought about doing the $200,000 in St. Kitts, but didn't want to hold it for seven years. Right now I'm working on a $100,000 donation for Dominica citizenship. If I understand things correctly, under the free movement of people in the OECS, a citizen of one full member country can live, work, and own property in any of the other full member countries without restrictions of any kind. They basically have all of the rights of citizens of the country where they are residing. In other words, a citizen of Dominica could live in St. Kitts permanently and work there and be treated the same as if he was a St. Kitts citizen. The only restriction I could see would be not having voting rights.
It seems over priced and honestly the real estate asset would likely be included in the total wealth exit tax when renouncing. Might as well just do the donation for less money, not pay tax on the money and then renounce. Buy property somewhere in the world that isn't overpriced.
So he just spillled his beans that he bought real estate in Istanbul (and most likely either in the Turkish citizenship application process or already got his Turkish passport)
I saw these kinds of listings in the Cayman Islands. I remember thinking that it reminded me of a timeshare. Not a good investment.
I have a question does this also apply to The program being currently offered in Turkey? Is it a good idea for an investment for Citizenship or are people waisting time and money?
I've never understood why these investment programs don't use these programs to fund low income housing. It's potentially a decent investment for the investor, and it saves a government expense to subsidize/frontload the building of units.
Great advice. Very timely and topical, at least to me. Many thanks…
its better buy bonds?
#2 LATE (Laden) with commissions.
Hey Andrew can you list countries with better colleges and education in general than the U.S.
LoL, evening gown!
Oh my, Andrew's honesty is so refreshing (and, in this case, quite amusing). 👍🏼
What about farmland property? I need self sustainability
Always interesting. Thanks!
Tell us how you really feel Andrew 😂! Great work thank you!
Yet again a very informative video. ….and yes, beware of the cleavage women…they're here in NYC too.