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The Best European Citizenships

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The Best European Citizenships

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To most tourists, investors, and entrepreneurs alike, living in Europe can feel like a dream. Including or excluding Schengen countries, there are countless countries in Eastern Europe that are worth checking out.

Countries like Portugal, Latvia, and Bulgaria give off so much appeal when it comes to their taxation policies, the lifestyle they offer, and everyday life. The comprehensive appeal stirs a great desire for people to want to live there.

But can you actually get an EU citizenship? Which countries offer the easiest path to obtain an EU citizenship? Having a European passport is not merely about owning the passport. It’s a way for you to set up and incorporate your own business in the region without having to pay hefty taxes for non-citizens.

In this video, Andrew shares some of the best European citizenships to obtain.

00:00 Start
0:16 The Best European Citizenships
1:36 Citizenship By Descent
2:26 How to Apply for Portuguese Citizenship
3:35 Moving to Italy
5:30 Moving to Europe
6:00 Taxes in Europe
8:06 Living in Ireland
9:19 Bulgarian Citizenship
10:17 Maltese Citizenship
10:34 Cypriot Passport

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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49 COMMENTS

  1. The Finnish passport together German one has most visa free travel in Europe (3rd in the world). But Finnish passport gives you almost all rights (excluding voting ect.) in all 5 Nordic Countries. It's more than EU citizens have if they move to another EU country.

  2. I wish I had the chance to get a second passport but it all seems so complicated unless you are wealthy or descendent of others nationalities. I'm a Dominican passport holder and it is so ridiculously hard to even get a visitor visa to another country. It's a whole sense of lack of freedom and unluckiness of being born here.

  3. Hi Andrew, I was wondering how come you never mentioned the Romanian citizenship as an alternative to the high taxes of Western Europe? I know that you mentioned Bulgaria and Serbia several times and you had a number of episodes covering investments in these countries but the country right next to them, which also happens to have very similar regulations and taxes, Romania, is never mentioned at all, like it wouldn't even exist.

  4. So once again I have not gone back and watched all your videos. But just in talking to people that I know who are traveling I would be very interested in seeing some stuff on your opinions of Estonia, Latvia, Lithuania. I know several people that have been traveling that area they feel it’s fairly cheap to live there they used to think the people were very friendly. But with Russia starting the war and things being so aggressive in their minds and it may just be their thinking or it may be true they feel like as Americans they’re being singled out and there’s been a lot of negative comments and negative attitude towards them in that part of the country. I would be real interested in seeing some stuff about how you feel about those countries for investment and for visiting both. And I know you have a lot of connections to Georgia which It seams has basically been taken back over by Russia politically now so I don’t know how much your thoughts on Georgia have changed over some of the videos you put out a couple years ago.

  5. I just have an ordinary income but I like your videos nevertheless, also because of your attitude. And I like the sentence "go where you are treated best". One of the reasons why I applied for a Serbian passport is that this country of my parents was by far not as authoritarian like Germany during the pandemic, where the country wanted to criminalize bodily autonomy regarding vaccination. That opened my eyes and I am not so much interested anymore in the German citizenship or living there again with a brainwashed population by state TV channels like ARD and ZDF and corporate news companies. I might apply for a Swiss citizenship additionally, which is a less authoritarian country than Germany in my experience. I find it interesting that the former fascist countries, Germany, Austria and Italy were so authoritarian during the pandemic.

  6. We face soon the possiblity of being told you cannot leave your country, and then also you cannot leave your house. So a big question is: Should you stay in the country you are in, or go to another country while you still can. That is no longer an easy question. Rumours say more countries can close down already in late July, and that the whole world can be closed down within November this year.

  7. I tried to claim German citizenship through my grandfather; got told to fuck off by the German government – But it's ok to let in the 3rd world. Russia said it will grant me ancestry through my grandparents if I spoke Russian, well I don't. Figures

  8. what's the point of moving to Europe when Russia will starve it to death?…and there is only 8 weeks left of the wheat in the entire world carry out. India has banned wheat exports too. Europe is going to starve soon! Where you are, you are.

  9. The best passports are Canadian's. You can come from another country become Canadian in a few years all this time keep your old passport and then fly home with all the free money gives. Look at all the people that left Iran few home where they said ot was not safe fly back get blown up by Iran then get 20 thousand from Trudeau then get buried in Iran.

  10. Talk about options . Probably nobody amongst the commentators here is more confused than I am at 55. I am a British citizen. My youngest son is British and the eldest son is American. I have Bangladeshi citizenship as well. My mother and other siblings are American citizens. I worked in the US for sometime. My present wife is Canadian and my step children are Canadians. Lived and worked in Ireland for sometime. I also lived in Australia for sometime. I am considering settling in the US simply because of being able to choose amongst many states if not happy in one. Canada is mostly empty and the weather can be good to worst. Australian weather is great but that great weather is limited to only a few areas. But I did find.

  11. My combination Dutch + Colombian passports works great for me. Besides the option of living in all the EU-countries, I can also live and work in Brazil, Argentina, Ecuador, Paraguay, Uruguay, Peru, Bolivia and Chile thanks to Mercosur. Plus the added “bonus of not requiring a visa to enter Russia 😜

  12. Andrew, you hit the nail on the head. In the US, if you’re not satisfied in one state, you can just move to another. I’m happy in Florida. We don’t have State income tax. Current Governor resists agendas from the left. That said, you provide a lot to think about if things change here. Thanks.

  13. Thank you — FINALLY — someone who has it right about Ireland / UK. There have been so many people who offer "citizenship and investment advice" who say "with Brexit now UK residents in Ireland or Irish residents in UK will have problems" —- anyone says that RUN as they don't know what they are talking about. Treaty from 1930s allows UK citizens to live and work (and vote except for President — likely because in 1930s Ireland did not yet have President so would not be in treaty) and allows Irish Citizens to live / work / vote in UK. Predates EU, not impacted by Brexit.

    Andrew knows what he is talking about and is first one I've seen to get that right — "go where you're treated best" aided by those "who have studied laws / rules / regs best"!

  14. I want to ask a question but I feel like it might sound like a joke and it's not and it is actually very relevant for me and for millions of people who are traveling.. so I have a prescription for marijuana and I know that in most countries marijuana is not legal and obviously getting on the airplane with it is also a big No-No. I mean you can go to India and buy a stick of hash and they have little loopholes legally here and there for different things and in countries like that if cops find you they ask you to pay a fee which is code for a bribe and I was forced into that situation a number of times, never for drugs but for stupid things usually like I drove my motorbike to a point in the woods where there was a border to Karnataka , and I didn't realize, when I got to the border, –the state border — because they have state borders in India… They told me that it was a port State and acted like I was some kind of big criminal even though I was just fat white kid on his bike riding around the beautiful scenery.. but they decided it was suspicious or whatever I mean they just used that as an excuse I was just minding my own business they actually pull you over if you're from a different city sometimes and they look at your license plate and see that you're from a different city and you get pulled over and you have to pay a fee and I found that out when I was actually with someone who was driving who lived in India and he was Indian and he got pulled over for entering a city within the same state so he paid the bribe blah blah blah… But can you talk a little bit about what to do if you need medicines or want something like weed even if you don't need it because there are countries where they'll cut your hands off if you have more than a tiny tiny tiny amount of ____(insert one of a million different chemicals here___). I know one thing to do obviously that I will be doing is looking into the laws of places I go to and I won't bring anything over any border ever; but surely you must have heard or seen different regions of the world acting harsher or more lenient on people for drug-related crimes… For example in Malaysia, I used to date a girl from there, and she told me that there are gangs that run the streets and the cops are also corrupt and the gangs work with the cops but duterte, (uncapitalized, emphasizing the small d on him) the corrupt dictator fascist nazi a*****, one of the things he ran on was his harshness towards drug crimes and I'm all fine with cracking down on gangs and police corruption but with a fascist like him killing people, his own people, I mean I stick out like a sore thumb because I'm tall I'm white and I'm … Let's just go with … " Very portly" lol.

    I'm not planning to start any kind of crazy crack ring or anything or a huge chemical operation but I'm just a human I like to smoke some weed and I know that I can get killed if I say that or do that in certain parts of the world and I was wondering if you could tell me anything anything at all in your experiences relating to the dangers of that or of any chemicals that are frowned upon and the different attitudes concerning different chemicals in the US versus different parts of Europe or Asia or Eastern Asia or northern Europe or Australia or whatever. I've heard if you have a gram of amphetamine or maybe it's methamphetamine, I'm not sure which or what the difference is it to be honest, but I heard that in some places like North Korea which I don't want to go to, or Japan, I have friends there who want me to come over and spend time there, and I know that there's different chemicals there, but I've heard that the police act really strangely there and the family unit is higher up than the legal system and if they don't think they can enforce a crime and catch the criminal they just don't put on the books and so that's why they have like a 99% criminal catch rate because they cook the books hahaha. That's what my friends in Japan say but if I'm caught with anything could they put me in prison for life? what's the deal with that? I don't know if marijuana will put me away for life in Japan but how do passports play into that I mean if I'm still an American citizen traveling to Japan and I get caught with a dime bag of weed versus if I'm a Japanese citizen with a dime bag of weed, are they going to destroy me? or if I have an amphetamine are they going to cut off my hands and rape me and feed me to the dogs and sing folk songs about my villainy, my villainous villainy as a fat cat American capitalist pig? 🤔🤔🤔🤔🤔🤔

  15. You know I've been watching these videos so long I don't know why but I went out and now I have two tier a passports, and a b+ passport. And I'm still drowning in taxes! There's a little trepidation I think in the moving. I don't think I would ever be wanting to move to Ireland though. Not only is it highly anti-Semitic, but it's also way too left wing for me, so that one is struck out from my list of places to go. The top of the list would probably be Cyprus, followed by Malta. The other thing is, who the f*** in this world is making $10 million a year? I mean the number of people in the United States that make over 100,000 a year might be one or 2%, when you go to 250, you get way less than 1%. Even billionaires don't draw 10 million dollars a year because they're going to be liable for taxes on it. Most of them just have assets, and borrow money against those assets to live. I think the anomaly was Elon musk who said he paid 10 billion dollars in tax last year after he sold many billions of dollars of Tesla shares for finances lavish lifestyle with among others, Amber Heard. I don't know if you saw his evidence but he said he gave her everything! Anyway, wonderful video, and I'm sure everyone is going to keep watching. By the way just as a footnote I asked my favorite website Google how many people make 10 million dollars a year, in other words what the percentage was. I guess my inquiry was misconstrued, but I did get an answer and you might not like it. They said seven out of 10 people in the world make less than $10 a day! That's not even enough for a burger fries and a drink at Mickey D's! Wow

  16. The Portuguese language requirement is at the A2 (high beginner) level. For example, one of the sample questions I saw was they gave you a sample apartment rental advertisement and they ask you questions about it.

  17. Ireland v Bay Area Ca

    Ireland's forests, if they have any don't even compare

    Ireland's beaches absolutely don't compare

    Irish weather SUCKS compared to the Bay Area

    Name one natural wonder in Ireland that is as stunning as Yosemite as a whole, I'll wait. There are other National Parks in Ca, I wonder which one is on the level as Ireland? Perhaps a local regional park, would be my guess.

    The food is about the same.

    The pay is about the same.

    Winner – Bay Area CA 100% THE REIGNING, DEFENDING, UNDISPUTED CHAMPION OF THE WORLD – THE AMAZING BAY AREA CA.

    Andrew has decided to crack on yesterday's question, and has decided not to accept the challenge. He liked my comment yesterday and then quickly deleted that like. With that said, I'll challenge the group: Help me find a location that is better than the Bay Area. If the weather sucks (hot muggy summers, freezing winters, lack of consistent sunshine), it doesn't count.

  18. For US citizens seeking Italian citizenship by descent (jure sanguinis) it could be a long and arduous task. As an example, the wait time to get an appointment with the Italian consulate in the San Francisco area is 3 years out. This is due to covid. Then one must add up to another year to complete the process. The quickest way is to move to Italy, get a permesso di soggiorno (permission to stay) and then apply for citizenship; it can be done in about a year. Remember: nothing moves fast in Italy and you may still face slow roadblocks. Patience is needed.

  19. Don’t forget Portuguese citizenship gives you easy access to Brazilian residency and citizenship rights are reciprocated between the two countries. Portuguese citizenship gives you EU access, Schengen Zone access, and Brazilian protections when in Brazil.

  20. Europe is both utopian and dystopian depending on if you're an investor, or merely looking for a survival job. They are very hostile to builders and creators. You don't go to Europe if you're an investor, or want to run a mom-and-pop business. Quality jobs are more complicated. Their idea is that they are supposed to allow you first to be successful. They look for social evidence and structural strength. Lots of people are de facto dehumanized which is crazy in our time. If you want and need to allow, enable all that nonsense, please go ahead. It's for social engineers, not for financial engineers (or all the real engineers).

  21. I am improving the limited Spanish I learned in high school & teaching myself Portuguese now because Spanish gives you a lot of places to move and Portuguese because it's the EU residency & citizenship that is attainable by the largest number of people because of the variety of residency visas and permits. Portugal also has some beneficial tax treaties for an American living there especially in regards to social security taxes and benefits.

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