Great topic. You can only be in so many places each year while still meeting the residency requirements. Another reason to strategize and pick the right countries.
Thelma Romero The right countries depend on your life goals. You can travel the world to see for yourself or meet with someone like Andrew to get a jump start. But, ultimately, you have to chose the countries based on what you feel is right for you based on your needs and wants.
Thelma Romero This is such a difficult answer. Let’s look at it from the other side - how you can lose citizenship. According to page 7 of this PDF, in 10 EU countries you can lose the citizenship you acquire via naturalization just via a prolonged residence abroad. www.europarl.europa.eu/RegData/etudes/BRIE/2018/625116/EPRS_BRI(2018)625116_EN.pdf The chart on the same page shows several other ways of involuntary loss of citizenship (acquisition of another citizenship, service in a foreign army, etc.). Avoiding forced military service might be important to some as well. So, for me, it’s not enough to know which countries (developed or not) would allow dual citizenship but which ones would very likely never take it away. I hope that helps.
If we live lets say one month in each country could we make still considered as tax resident (suppose all these countries outside EU except one)? Thank you for sharing your valuable experience.
Very interesting. I'm considering the Airbnb option that you mentioned in Medellin...I've really enjoyed my stay here and helping others discover this gem might be a worthwhile pursuit that helps me get residency here!
@Charles Yuditsky if you're referring to the bloodshed of the previous century, no. There is still plenty of petty theft and things of that nature tho, but I've never felt unsafe in Colombia. As long as you're not making yourself a target for thieves, there is little to worry about. The traffic will get you before anything else, but if you're walking out of a bank counting your withdrawal with an expensive camera and a smart watch on, someone might punch your face and take them. I think Andrew mentioned once that he had a gun put in his face.
The problem for a lot of people these days, especially in view of the pandemic, is that we've lost a lot of money this year and don't have the cash available for investing.Yet it would greatly behoove us to have a second passport at the ready if we need it. We don't have much cash at present, but would like some ideas as to which countries to consider.
Andrew, please update us now that we are on the brink of catastrophe with everything going on. I'm in Chicago....thinking of getting residency in Mexico or elsewhere.
@Nomad Capitalist Please, Can you make a video about getting permanent stay visa through real estate investment, commercial investment and setting up a business in Serbia and talk about about how long it takes the whole paperwork to get such permanent stay visa in Serbia? Also, Can you make a video about getting Macedonian, Turkish, Bosnian, Montenegrin, Kosovar and Albanian citizenship through setting a business whether online, e-commerce or commercial (with one, five or ten employees), please? Lastly, Can you make a video about getting permanent residency card through setting up a business whether commercial or online, real estate investment and commercial investment in Bulgaria? Thank you so much.
mohrenv I have Cedula in Panama though not seeking a passport. Andrew has said previously he was down on Panama for second passport because I guess he does not see them issue many. Maybe he can clarify.
i am 99% sure Panama doesn't allow dual citizenship. Where you will have to give up your US citizenship. but you should verify yourself. i was looking at Costa Rica myself.
Panama itself does not allow for dual citizenship, but they won't check if you have renounced your original citizenship either. You have to be a resident for 5 years though, pass a Spanish and history test and actually live there for a considerable amount of time.
Can you make a video on Belarus? You can get a temporary residency permit by buying an apartment. It interest me as a Belarus passport means visa free to Russia
Well, according to the law here in Brazil, you can get citizenship by living in the country for four years and learning portuguese. If you have a Brazilian child, this time is reduced to only one year. There is no distinction between natural or adopted child. But adoption by foreigners is very difficult nowadays and it takes time.
Which country offers Bank deposit or bond buying? How many years to get citizenship? I am from Pakistan, living in Thailand with Thai wife for more than 9 years. Already have Antigua and Barbuda passport. What are my options? Have 8 digits investment in crypto
obie sario Ecuador for one. $39,400 in CD. 21 months to permanent residency and after 3 years total residency you can apply for citizenship. But I know Canadians waiting a year and a half for citizenship. Takes a while.
Paraguay, PYG25m (USD3850) bank deposit, after 3 years can apply for citizenship but then, there is problems: first, Andrew mentioned in previous videos that they can treat people of certain origin not so well second, in theory they will deprive of citizenship if naturalized person is out of the country for more than 3 years third, in theory they will deprive of citizenship if naturalized person is taking another citizenship after Paraguayan
