Hidden Risks of Second Citizenship 

Happy to hear that, Doug.

Congrats! Was the process easy to get it? Did you have to prove a lot of things and pass a language test?

@@cr6129 The requirements were straightforward but waiting 12 months was agonizing. I took a B1 language test to be exempt form stupid cultural exams. I had to pay around 1k EUR in total for the language test and naturalization application. I also read everything there was to read on the internet so things went mostly as expected. The difficult part is moving to an EU country and getting residency and work permit, if you have those then you usually just need to fulfill residency and language requirements.

May i ask which European country?

I thought of it too, but The chance for Schengen to cancel the visa free privilege of Caribbean CBI passports is very low. The reason why these passports are gaining more and more visa free recognition from various countries,it is because the travelers on these passports are most likely CBI citizen, they are high networth individuals who have no need to over stay their status in any regions/countries for illegal works purpose,,hence,holding a Caribbean passport is a symbol of wealth,which’s enough to convinces many countries to offer visa free to these holders. Exception is like Canada,because this country is wanting people to immigrate there rather than wanting people to take a vocation there,hence,they cancel the visa free access of Antigua and various Caribbean passports. When you can easily enter into Canada for a vocation,you don’t find it difficult to enter it, then you may not find a strong reason to thinks of moving there. But if it is hard for you to get in, you may feel like wanting to find a status to make you “permanent “ in there. Canada is just a silly country,no need to take it under consideration. You knows, diplomatic answer has to be different from the real reason, when Canada cancel the visa free privileges of Antigua, they said it is because Antigua doesn’t requires CBI individuals to fulfill a residency requirement there. Bullshit as it can sound,how does that really make a differences at all? Caribbean passport is the future, cuz it set you free. Stay away from silly countries like Canada, then you can enjoy your travel privileges, for more and more to come. Just keep tracking the Wikipedia page of “visa requirements” for these CBI passports, month by month the many countries and territories are lifting up their restrictions to these passports.

It’s called “style”

His wife dresses him 👗 👛

Very true. Congrats on the citizenship.

I do not advise to you the U.S because you will have to pay taxes on your incomes ANYWHERE they generate form and you have to apply every year a certain format for U.S taxes in case you live abroad and moreover you may not be able to open a bank account outside the U.S. So I'll suggest you the U.K, even thought it is going out the EU.

May you tell us which was your second one you acquired?

What if u don't make it to 67 I can't live like that. I could die tomorrow. I risk everything 👍 💪

Eat Asian food

Which ones do you have?

@@MichaelSmith-gd4gv Russian, Israeli, Canadian.

@@MichaelSmith-gd4gvyes please do share

@Mojito Honestly i dont know. I got it because both my parents were born there.

So begins the war within!

Join the ongoing strike

@c h Free healthcare and cheaper higher education, though still not as cheap as Europe. In America we're sold the idea that it's better to pay lower taxes and just finance your healthcare and kids' college yourself. In most of the developed world they're sold that it's better to pay more in taxes but have those things provided for you at no extra cost. To each their own.

Why on earth would you go to Canada? Tax rates are ridiculous there.

@@consciouscrypto3090 "Free" healthcare paid for by >50% tax. The healthcare is horrible as well, wait times are long and quality is poor. Education is mediocre.

As someone born and raised in western Canada, I would say it's a good move if you want to 'move up' so to speak, ie you come from/have citizenship in a non-western, 'developing' country and want to nab a Canadian passport. However, if this is what you have in mind, and you have the means, I think the States would be better, since you have so many more options in regards to where you live, as well as access to certain financial services that are not as easily or readily available in Canada. For example, if you're into trading crypto, it's so much more straightforward to do things in USD using American-based services, rather than doing things in CAD. Not to mention also that the Canadian dollar is WEAK compared to the greenback. Two guys might be doing the exact same kind of work in Toronto and New York, earning 100k a year. "I make 100k a year!" They may boast. Nah man, the guy in the States is making 100k a year... before taxes. The Canadian is only pulling in about 75k a year... before taxes.

Sebastian Castillo yeah but if you're a Canadian citizen you trade on the New York stock market, and if you're an American citizen you trade on the Toronto Stock market. That way either person is only taxed a maximum of 20% for the worldwide income. In Canada you'd be taxed over 53% in the US it would be 40% plus state tax. It wouldn't really make any sense for Canadian citizen to trade on the Toronto market or for an American citizen to trade on the New York market. Why not trade in the other countries market especially considering we're in the same time zone

No.

@@Gamabunta24345 Canada? You'd be paying over 50% tax.

@@Gamabunta24345I lived in Canada 23 years, it is hilariously true. Most provinces at or above 50% federal/provincial before even counting CPP/EI. I assume a majority of the audience of this channel is in the top Canadian tax bracket (only $150k/yr US).

Leo Ramos I went the friendly nation route in Panama for reasons specific to my situation. I recommend Panamá as a place. I enjoy it there and it meets my specific objectives. But as Andrew states all these things depend on your situation. I am not pursuing a passport there, but if you are seeking a passport as your main goal, he seems to be suggesting there might be better options.

Please go here: www.nomadcapitalist.com/apply/

Explain please?

I was born in Cuba and I have Spanish nationality because my grandmother was Spanish by birth and since 2014 I live in the United States and obtained American nationality last month.

@@rodandlucy3197 The USA And Spain are still relevant but I don't think the Cuban one is still seen as legitimate according to the Cuban government and American government.

My Grandmother was born in Cuba and she is nolonger a Cuban Citizen since she is now an American citizen.

@@chico305SIGMA whatever if you born in Cuba you will need a cuban passport for go to Cuba. The Cuban governet only care the money that you need pay for it.

Search our channel for numerous videos on Caribbean citizenship options and discounts.

Lmao

I could help most people get a job abroad that want one, but the revenue is limited. There are opportunities for just about any skill in many other countries though. Simply speaking English, not even at a native fluency level is enough of a skill to get hired in many countries.