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Why Europeans are Considering Renouncing Citizenship

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Why Europeans are Considering Renouncing Citizenship

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What is the future of the European Union? In Nomad Capitalist, we have seen so many clients from Germany, The Netherlands other high-tax European countries and said “I want to leave my country”. Can you imagine a couple of years ago when Europe was the best place to go, and European passports were one of the best that someone would want to leave?

In this video, Andrew shares why people are leaving Europe and where are the best places to move to.

00:00 Start
0:40 Passports of the European Union
1:57 Renunciation of Citizenship
3:37 Malta Citizenship Investment
5:14 Best Places to Live in the World
6:28 Living in Germany

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.

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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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26 COMMENTS

  1. the least socialism, the better…thats a very good way to know wich place is better. socialism is very much like coronavirus: you start coughind and soon you are dead.

  2. also 2 thing to consider besides socialism and taxes…first, i know an english man who went to live in rondonia brasil and after a while he moved out becouse he was standing up as a foreigner there. he went to south brasil where allmost all the people there are of german,italian,russian or english decendence. no problen in being blue eyed and blond there….you would look just like another local..that wouldnt happen in asia.second, organic and very cheap fresh food

  3. I am Dutch. We moved to Spain in 2018 for more freedom and flexibility and better weather. Then the COVID lockdown, the worst in the EU, came and we moved to Mexico.

    I never thought I'd move here, but the level of freedom we have here is unprecedented compared to NL but also compared to Spain. Ditching Dutch/EU citizenship is not something I ever thought I would even contemplate. But as of the 1st of July the Netherlands will implement the EU Digital ID. The next step (after the vax pass) to the social credit system the EU wants to implement. The WEF is not by accident based in Europe. No doubt the EU is keen to implement the 'you own nothing and be happy' agenda.

    I will never move back to The Netherlands. The fact that the majority happily participated in systemic discrimination of a large part of the population based on medical status is so disgusting. I sure can now contemplate Mexican citizenship. Certainly seeing how individual preferences and freedom of choice is respected here so much more than in The Netherlands. I am sure not proud to be Dutch these days.

  4. Wait! Sorry but this sounds totally off to me. Germans, Dutch, Europeans giving up their citizenships because of taxes ? As far as I know in German you have all health costs covered by the government, The UAE will start to tax and EU still offers the quality of living, or nobody won’t want to immigrate to it. I have dual citizenship, Brazilian and Irish and for business the taxes much lower in Ireland and you can still live well on minimum wages compared to developing countries.
    Yes. I think they should try a life elsewhere, then ask them again if they still want to give up being Europeans, Americans or Canadians.

  5. I’ve always been baffled by the fact that certain countries’ passports are deemed “more important” than others… as if human beings were worth more as humans because of the country stamped on their passports front page. People, as long as they are hard working good people, should have the freedom to move freely around the globe if they choose to do so… or stay anywhere they want if they choose so. This construct benefits large powerful nations on no other basis than the country their passport was issued by.

  6. The UK has fallen apart due to Brexit Boris Johnson frat boy Coke man who is a failed fake business man the pakistani mayor khan who increase crime and knife crime with no Jobs and huge inflation and cost of living in London Uk. No one smiles in London and it is miserable here with inflation

  7. Well if they are smart, they won't become American unless they want it worse off for them and there families. Democrats want you to be dependent on them like good little slaves.

  8. I'm from the Netherlands and moved to Varna, Bulgaria 🇧🇬 draconian measures, agenda 2030, all the regulations, taxes, house prices, lack of freedom, and being treated as second hand citizen because I'm not vaccinated was de reason for my decision to say goodbye to my ones so beloved country.

  9. Hi Andrew, writing from Berlin, I confirm that many Germans think about leaving the country. Too high taxes, too much regulation, entrepreneurs fear European debt union which means: Germany will be the paymaster while France and Italy will be the countries that benefit. Not very attractive from a German point of view.

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