Hey Mike Cyprus recently revised immigration rules maybe you can make a video clarifying this? Not sure if they've just upped the stakes for category F slow track or just cancelled it outright with only the fast track remaining? Thanks

Your channel is wonderful Michael, I was going to call you but your next video answered my question…ill definitely be calling you when things get serious out there …
Otherwise when my ship comes in I'll send you a nice patreon gift.
Again thanks.

Hi Michel, I read on the officials website (e.g.citizeninformation) that you can loose your Irish citizenship (if naturalised) after spending 7 years abroad (outside of Ireland). Do you have more information about that? Can you elaborate that?

If still available any options for Russians to obtain some of the passport?

It will be funny to see the social credit score for people that renounce the citizenship and for people that don't pay taxes in the country that they have citizenship.

How about covering African passports in a future video?

Any thoughts on North Macedonia? They have a cbi equivalent program.

Don't underestimate the so called "Eastern European" countries subservience to the USA and EU leadership. I believe firmly that because Eastern Europe is relatively cash and resource poor they will bend. ( excluding Russia and its allies)

How is the UAE a great passport?

The flaw in your theory about Russian passport is based mostly on EU and Anglo-American geopolitical activism. Most of th planet ( Asia, Africa and Latin America) don't care what White countries think.

I have Canadian and Jamaica citizenship. USA green card coming soon. Is it worth it to get my Grenada citizenship and passport through my parents?.

The 30 years' residency requirement in Liechtenstein and San Marino means that these are probably off the table for most interested parties. Or do you know about any shortcuts? Being a personal friend of the prince might help in the case of Liechtenstein?

Interesting point about San Marino. 🤔 Being of Italian descent and having lived fairly close, my understanding was you need to be born there to acquire SM citizenship. Looking at this site (https://en.wikipedia.org/wiki/San_Marino_nationality_law), the options appear to be few and restricted. Future video perhaps on this option as you see it? Cheers.

Pozdrav za crnogorskog zeta 😀

Something I like about south America is that the governments here are so incompetent that it feels like the place with ultimate amount of freedom (for cheap). But, it also feels very safe in terms of conflict and food supply issues and the culture is very relaxing.

Issues? Everyone is sleepy and unmotivated and it's difficult to get stuff even in capital cities that are common in other countries.

I'm sure we'll talk about this on our call but with Finnish citizenship as a second and Canadian as a first passport, I'm wondering if Finland is risky at this stage in your view? I mean I have it, it is what it is and I certainly don't plan on moving there (even though it's a great place aside from the taxes). Would it make sense to consider a 2nd for after getting rid of the Canadian? Like most situations I'm sure the answer is it depends. Just curious to start considering some longer term plays.

Side note, that harbour in Montenegro doesn't actually look geographically much different than the harbour in St. John's, NL. Very interesting

Thanks for another great video! Of all the Western countries, do you think the UK would be quite unlikely to introduce citizenship based taxation? Thanks!

Your trust in Singapore is misplaced. They were already talking about citizenship based taxation and made it harder recently to stop being a Singapore tax resident after moving abroad.

If you’re relying on non-dom status to keep your taxes reasonable in a country like Ireland or the UK, would you be at risk of losing non-dom status if you became a citizen?

Michael, citizenship based taxation the way the US does it is impossible to achieve in France. I can try to explain why.

Essentially, France uses the constitution of 1958. There is an article in the constitution that explicitly states that treaties have a higher status than laws passed by the assembly.

France has one of the most extensive tax treaty networks. In order to introduce CBT they would have to Renegotiate all the tax treaties they have passed, which is not going to happen.

The far left parties (La France Insoumise) had setup a task force to investigate CBT in 2018. It was led by Eric Coquerel. Their rapport essentially admitted introducing CBT for everyone is not achievable as is. What they stated is that they should target their effort on specific tax treaties.

Moving on, they have renegotiated Belgium tax treaty already. It's not introducing CBT flat but introducing capital gains for entrepreneurs relocating in Belgium with a large position in French stocks

The second tax treaty they want to target is the UAE one. It already has an article with specific tie breaker rules but they want to enforce that.

Anyways, lots of fud but the reality of the law is that the 1958 constitution is not going to change and CBT is impossible in France. So never become a French resident and you get the best of both worlds.

I would add a few other passport with gaps, but access to Canada, Mexico, Japan, the US, and New Zealand to the list, like BOTC Cayman Islands, BOTC BVI, BOTC Turks & Caicos, Bahamas, Barbados, and Mauritius. With the exception of Bahamas, most of those could be part of a multi-citizenship strategy to build access in places with hard to get visa access. I mean if you have a college degree and you buy any of the Caribbean CBIs Barbados becomes potentially attainable via a Skilled Worker Certificate and residence. If you have the cash, BOTC Cayman, Turks & Caicos, or BVI become possible, same for Mauritius. If the hard to get visas are not a concern, then St. Kitts & Turkey's CBI give you most of the world. I big investment as 2 years in Mauritius gives you New Zealand and a huge swath of Africa. A big investment in the Caymans and most of a decade there should get you BOTC Cayman which gives you US & Canada, but if you have money and a stable residence, Barbados and a B1/B2 visa should be just as good for the US and not unattainable. Honestly, money and a stable residence combined with a visa application to Canada, the US, and New Zealand gets you reasonable long term access to those countries with multiple entry visa and they are the hard to get visas. Australia is a bigger pain for everyone, even with ETA access, so a Caribbean CBI with Schengen access is probably all you need, but possibly spending money and time to add a country like Mauritius in 2 years in the event Schengen access is restricted for CBI countries might be how to fill out access. Getting a visa is a hassle, but with the exception of US, Canada, Australia, New Zealand, and Japan, there aren't a lot of countries with high rejection rates. Getting a visa for Canada, the US, Schengen, or a few permanent residencies makes Mexico more accessible, so it could be a two birds with one stone solution.

Do you have a source relating to what you said about non-resident being able to open bank accounts in South Korea? I have never heard of such a thing and I lived there for 5+ years.

Hi Michael. A good video as usual and as a past client of yours I pose a serious question for you. What is your mental model of the world’s political and economic structure for the future? What if your model is wrong? Would that alter your advice?

Chile is a really good passport and the chance they have citizenship based taxation is close to zero.

The issue with a lot of these top tier passports that are safe to get is that it’s almost impossible to get naturalization in those countries.

What about mexico ? Getting residency or a passport.

Are you going to eventually go to a different location so we can play some more where’s Waldo?

Interesting thoughts Mike.

Any ideas if it's realistically possible to naturalize as a Maltese citizen after living there for 5 years? I heard from someone that Malta is not good with naturalizing non-ethnically Maltese people, even if they meet the requirements (like Greece).

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Citizenship based taxation doesn't matter. What matters is whether a country has the ability to enforce it. The US can have Citizenship based taxation, because they have the world reserve currency and because of FATCA which gives the US additional spying powers over their expats.

The rest of the world simply isn't powerful enough to have CBT. Who will help them enforce it? What leverage do they have? This is absolutely nothing to worry about.

Would have been better to start with your definition of "Citizenship Based Taxation"

JUST 🇦🇪