Second Passports I Would NOT Accept (Even for Free) 

andrew and wife having an argument. andrew walks away. wife: where do you think you're going? andrew: GO WHERE I'M TREATED BEST

02:53 Important note. 03:17 Personal passports 04:19 Sanctioned countries like Iran, Sudan, North Korea. 06:56 Been in well-known active wars like Afghanistan, Palestine, South Sudan. 08:48 Special EU countries based on future trends of EU

Actually, after a 30 years of travelling all around the world I understood that any passport with a 6-7-8... figure credit cards/cash as a "supporting document" should be great! 😉

Won't ever take a passport from a country which doesn't allow dual citizenship. It might be so self-evident that Andrew did not even mention it.

Being a Sudanese passport holder and hearing this... Cuts deep man 😭

Love the picture in the background! That is beautiful!

Love your videos. Thank you so much for your great content, I appreciate it. I love especially that you also talk of your own way, show how and where you live and which decisions you have taken. Just great, and keep up the great work!

I love how straightforward these videos are.

Andrew is the mellowest and most convincing motivational speaker there is.

I love how passionate you are about your career and this is why I love your videos 💖💖💖

I got an EU passport and now I live in England and I’m working towards getting my UK citizenship. I left the US after living there for 18 years.

You're comments about Canada are bang on, it's freezing cold and taxes are through the roof. Avoid. However, they do not tax their citizens overseas, so you can move around quite easily overseas.

Why would anyone in their right mind want to get North Korean citizenship? 🇰🇵

Hi, Andrew. Big fan of your firm and the work you do. Also a subscriber to the channel. So here is my two cents. Could you do a video telling us the passports and residence permits you have so that we can get an idea of the top countries where we would be treated best. I personally have Kenyan and South African citizenship and im considering a Malta citizenship

"My ultimate allegiance is to me.."! AMEN!

Japan passports are fairly desirable. But they're hard to get, and Japan doesn't permit dual-citizenship, so you are required to renounce any other citizenship. I don't think that they require proof of renunciation, but you risk losing the Japanese citizenship if you play games with them.

My first thought when hearing someone talk of getting a second citizenship has always been, "But that means you'll need to pay more taxes!" I'm an American, and this is all I've ever known. It's difficult to imagine that it's only my country that has this rule.

Me sitting here, gazing at my one and only passport, an iraqi passport.

Can you start a podcast. I would love a more in depth longer form of all of the passports or all of the countries with dual citizenship etc. Thank you your channel is incredible

In the USA being a Cuban citizen isn’t a problem at all, in fact , Cuban nationals are the only nationality which gets permanent residency very easy compared to other nationalities Im a Cuban born and I have three other citizenships : New Zealand Spain and USA

Very good video with great informative help for people here!

Thanks Andrew... I was considering a Baltic sea country but I might hold off for now. Thanks Team Nomad.

Second passport I would not want: CHAZ

Poland , one of the best country presently and I think in the future. There is a long pro list, just few examples; - passport ranking one of the top. - stable growing economy since 20 years. - free of Islam influence, no single terrorist attack. -low crime rate, safer then Western European countries - very affordable prices - delicious natural inexpensive food -nature, sea, mountains, lakes,forests -excellent affordable communication - clean cities and more and more.

Iran does not grant citizenship to any foreigners, but only to people who were born overseas of Iranian descent !!!

The Canadian passport is also a handy one to have if you renounce your US citizenship but would still like to visit often--for up to 6 months of the year, to be precise--without any visas, e-permits or what have you. You just show up and you're allowed in.

My wife had to give up her Korean citizenship when she became an American. I was in the Army when we met, and she was already a Canadian resident. She didn't really want to come to the US because she thought we were all who she saw on Jerry Springer. She had to give up her Canadian residency to follow me. As we get old, however, I really want to explore the option of going back to Korea for her. I will not live as long as her with my family medical history and cannot imagine the depression she would have from eventually moving into an American senior citizen home. We are still far away from retirement, but I want to get started on the planning now. Can you give any pros and cons of moving back to South Korea? Our daughter has modeled there when she was a baby, so i think it would be great for her to be able to freely go back and forth between the two countries as well.

New Zealand taxes their citizens on world wide income. Have double taxation agreements with a lot of countries, but not all

Love your channel brother! Quick Question What do you think about a Mexican Passport?

It would be nice to have an episode on how to find cheaper real estate. I am enjoying these videos.

You explain that you have given up on your US citizenship, now having multiple citizenships. If someone would ask you "Of which nationality are you?", what would your answer be? Do you have a citizenship which you regard as your "main one", so you kind of feel that citizenship, being an elementary part of your personal identity?

Having a collection of citizenships also increases the chance that you'd be drafted into its army. Ever thought of that? Armenia is an example of such danger. Living abroad doesn't necessarily immunise a citizen from demands to return "home" and start fighting in a ten-year-long guerrilla war.

I qualify for a passport by descent from a reputable country. Wish me good fortune

Hi Andrew, always enjoy the topics and content. Question: For a couple considering marriage, would you need to review new/second citizenship as it pertains to spouse and how they would be added to second citizenships? Does it matter on where you record the record of marriage if you have multiple passports? Thank you.

Great video as always, Andrew. Loving life in Ukraine and Eastern Europe so far. Very interested in the things you've said about Georgia and possibly Serbia. Been hearing great things about Albania also. I really enjoyed your house tours video in Serbia for cheap houses. Very cool. Would be cool to see the reality of leveraging those real estate assets, ie: rehabbing to live in them - how much does it really cost, hidden expenses, etc and the ROI for dropping them on Airbnb. For example, I can pick up a new condo in Ukraine for 30k and net 600 - 800 a month on Airbnb. Does that make sense? When you think of lifetime guaranteed income, it's compelling. But then I think about what that same money could do investing in a new business or swing trading crypto...

Malaysia is one of the best in my opinion, but as far as I know, it doesn't allow dual citizenship, unfortunately. And at the moment the long term residency programs like MM2H have been discontinued during the pandemic saying it'll be revised before opening up again (they say it'll be up next year but I'm hearing that it may not return). Have you any insight into this Andrew?

I'm 49yr old male born in Seattle Washington, but my mom and dad are Canadian. I have a U.S passport and a Canada passport. duel citizen. But I went to school and worked for 7 yrs in the UK and became a UK citizen. I have 3 citizenships which is completely legal and that's a hell lot of work when it comes to tax time. I can come and go anywhere in EU union and live and work there, Also Canada and the Untied states of America. I was grandfather in. You can't get duel citizenship with Canada and the U.S. anymore. As a Canadian I can have duel citizen with the U.K. I can go and live in 30 countries with no paper work need to fill out. Just need to show my passport. And I have homes and land in 6 countries

This is very interesting! I would love to get your advice privately around my dual citizenship and my options .

Thanks for sharing. Another upside of having multiple passports is that you feel like a international spy or Jason Born. Hehehe.

Worth mentioning China, or now the HKSAR passport of Hong Kong. Not only can you not have (legally) 2nd citizenships in China, but they 'own' you around the world. HK citizens (the booksellers who wrote salacious revelations on the country's leaders) vanished aboard and miraculously turned up in mainland China IN JAIL months later making confessions of one sort or other. The fact that 2 of these people had either UK or Swedish citizenship did not stop their abductions and imprisonment. There is now a scramble for the other passport in HK, the BNO (british nationals overseas) for those who lived in HK before the handover, which the british have announced can now obtain a path to full british citizenship.

I'm Indian and have not even applied for an indian passport as of now so why am i watching this? 😂😂😂

great video as usual mate. Would you recommend someone giving up their current citizenship to acquire a new citizenship, even if the new citizenship is as good as Singapore's?

Interesting comment about Canada- I'm here now & will be seeking other passports. But unlike the US situation where one is taxed on worldwide income, Canada requires one to report global income but income tax only comes into play if one resides in Canada for 180 days, and for transactions in Canada involving Canadian property (Canadian corporations, real estate). I suspect Canada will move to the US model soon, based on the hold the government has dug for Wuhan / China /Corona virus relief.

There's also the long-term geopolitical future of the country. Some countries are likely to disintegrate or develop civil wars few decades into the future.

Andrew, I think you don’t have enough Information about Iranian citizenship, I’m a Iranian Citizen and businessman and very successful with my worldwide business. Iran is Perfect to set up your company and also a Tax haven ... I’ve a big company in Tehran, I invite you to coming and visiting Iran.

I have two of the passports on your, "good to have list." I guess I am so lucky?

How are you,,,question,,,im a usa citizen but I would like to become an Indonesian citizen because my wife is from that country,,,how ever, Indonesia doesn't allow dual citizenship,,in other words, they make you get some letter from the usa embassy saying that you renounce the usa citizenship, some thing to that effect,,,can you please help ,thanks

Thank you sir 🤗

Have a few Iranian friends living in Germany, Canada and UK. None of them ever experienced any problems opening bank accounts, getting mortgage etc.

I'm impressed a tall man appreciates small spaces. I dislike huge apartments and mansions for a home for one person. You feel like you're in a hotel. Leave your keys at one end of the house and it's a hike to go back and get them. I am now downgrading to a smaller town and a smaller house in a lower tax county in Tennessee. Nashville went from a tier 3 to a tier 1 city in 15 years. The house across the street from my cottage is going for 1.5. My dream was to live in other countries but now that may not even be necessary or possible since most countries allow you 90 days just on an ordinary visit. That's probably enough for any one place. I want to see and live a while in Switzerland, Denmark, Finland, Germany, Italy, Ireland, etc.

Going to Israel ruined my travel plans years ago! It really was a big mistake

Ireland rates high on your list, but don't try living there, they take too much of your personal worldwide income as tax

This was a really good video!

Would you take Bulgarian permanent residency by investment? Do you think EU is going to move to citizenship based taxation like US?

Is it a good idea to go for Malaysia 🇲🇾 or indonesia 🇮🇩 passport ? Plz share relative info I will appreciate thanks

Anyone know what that painting is on the wall behind Andrew?

Hey Andrew, would you take the Venezuelan Passport? Yes or no?

:) helpful!

If Poland exits Eu we will very probably stay in Schengen treaty zone - so open eu borders with Polish passport stays. Recently Polish citizens don't have to obtain Visa to USA - entry just on passport. Remember also that German and Polish economies are strongly depended on each other.

A Malaysian lady of Indian descent once told me that there is Sharia in her country, but it only applies to citizens that are Muslim, and I believe only in civil cases.

Why would you choose St. Lucia vs Grenada? It seems to me that Grenada is wholly more useful.

What you guys think is the best between Czech,Polish and Russian passport ???

I have an American and Canadian passport. The US passport is highly respected in Vietnam and that’s about it, the Canadian passport opens doors in Asia.

Why would your client not want a Bosnian passport? You have visa free access to: all of Europe, Russia, China (+HK, Macao), South Korea, Singapore, Brazil, Chile, Columbia. Out of the interesting ones. Very few countries have visa free to EU, Russia and China. Bosnian government doesn't not care where you go and what you earn offshore. In the unlikely event you make money on a Bosnian investment your tax is 10%. But it has been known to happen. 2 federal entities within the country, 10 cantons within one entity. One special federal region, all with their own laws and courts. So you can go jurisdiction shopping within the country itself. Corporations tax 10%, Dividend withholding tax for non resident entities 5%. property transfers incur a 0%-5% duty on the value of the real estate. Beer and cigarettes are dirt cheap. Gambling is legal. Fairly centrally located in Europe. Cheap flights to many EU destinations. Very relaxed laws, relaxed law enforcement. Penalty for drink driving in some jurisdictions as low as $20 USD and loss of one or 2 points off your licence. Very safe considering how many guns people have. Very stable and safe banking system (at least in one half of the country), deposit guarantee of ~20,000 Euro per account, country wide. Very stable currency but it's pegged to the Euro. In most of the country 0% land tax. Very low apartment maintenance fees. Most people worth speaking to speak english. I don't think its such a bad option for a someone cashed up to live. or al least have the passport. Only negatives (is that a negative?) is that there is no such thing as bankruptcy. And can take a bit of back and forth to incorporate a company in some jurisdictions.

Where is Andrew recording this? I wonder which country or city he thinks is comfortable to reside in

I had a great time in Malaysia!

glad you made this video, i almost accept a north korean citizenship

Sweden and Finland are two I would have a hard time deciding on, because the passports are great, but these countries are probably more likely to have strings attached in the future. I would not take Spain, France, or Germany. But Portugal, Czechia, Poland, or Romania? Hell yes.

So a US passport is in the same category as Sudan and Iran? He had a free passport from the US and said “no thanks”. Think about all the Americans with dual citizenship. Then add in those eligible for citizenship by descent or marriage. Then add permanent residents/expats. There are millions of Americans who can get out of Dodge very fast if necessary. If a future government starts confiscating retirement accounts and raising the capital gains tax and inheritance tax, it will be too late for those without a tie to a foreign government.

Hey Andrew , I tried joining your nomad capitalist program 2 yrs ago , which your website denied because of my nationality. No offense but I felt offended . I ended up signing for EB-5 myself and got my GC . It might not be the best citizenship program ( as you’ve explained the WHY many times in your videos ) . To me , it paid well as my business being IT and having USA tag , made me even better to sell my softwares at a better price . I’d say , somebody’s junk could be somebody’s fortune . As you said , go where you’re treated best . Respect to you !

To what extent is a Gambian passport worth having?

Czech and Polish passport is good in my opinion.

Hi Andrew, Do you know if someone who is a naturalized US citizen can become a naturalized citizen of another country without losing US citizenship?

Its great to hear about having multiple passports. I'm for it. A few years ago, I was watching 60 Minutes, Leslie Stahl did a story on 2nd passports. The man she interviewed lived and worked in Saudi Arabia ( non-citizen). He show 4 passports. (No USA passport) Leslie Stahl painted the idea of having multiple passports as criminal. That drug dealers and money lauderers have multiple passports. The story pissed me off big time. Thats when I realized 60 Minutes is biased. This is one of many reasons I don’t watch the news.

its always nice watch your videos, very very informative. 1 question to you Sir, if you know some good law firms which could help about Rights for a person who is living already in Norway more than 17 years.....A very good friends need legal help in Norway. will appreciate your answer sir have a good Day continue

Estonia are a very good country to Invest in

Hi Andrew, it would be great to meet up for a drink. Hope you're still residing in KL.

I think the most vulnerable eu passport to get kicked out from eu and schengen is not Polish, but Greek. Greek public debt is now 210% of the gdp, most refugees and immigrants who enter eu enter from Greece, and Greece cannot solve sea borders issue with Turkey by itself and need the European powers to help like France. I'm originally from Greece and Greek passport holder only, and i think that a second EU passport could be a great investment if the economy collapses (and kicked out of the eu, get back to Drachma currency with high inflation rates, lose money in the banks etc).

Belarus doesn't allow dual citizenship. If you have applied for citizenship there you must agree to renounce your previous one/s before you can be granted your Belarusian one. I love Belarus btw. But sadly she doesn't allow for dual citizenship.

What about from Dominican Republic or Spain?

Wow this one video basically crushed my dreams and made subscribing to this channel completely useless as I was born in Iran. We left when I was a small kid and I’ve been a US citizen since but being born there will be an issue if they don’t want Iranians on their visa programs. 😪

Brazil also wants to tax you even if you live abroad. Unless you are out more than one year, and then you can sign a declaration "permanently leaving the country, tax wisely"

Russia, Belarus , China , Iran , Iraq, Libya , Eritrea, South Sudan , Vietnam , Cuba , Pakistan , Saudi Arabia, Qatar ,these are the passports I would never get but also the uk and USA are a bit sticky because they aren’t very good to have in some places like Russia or China so If already have a tier a passport

What passports do you have?

will hungary will have a citizenship by investment?

Hi Andrew, What do you think of an Indian passport? I have a choice to get an American passport in coming years. Do you recommend that? Because I have to give up my Indian passport. Hope you see the comment.

How do you get a British citizenship if your family immigrated from the UK from the 1700’s which I can prove my ancestry.

I think it would be very difficult and just not viable for world wide taxation. The US gets away with it because they bully other countries into complying with FATCA. Could South Africa do that? Probably not. Also a lot of these countries like Italy give citizenship by descent. How could italy enforce it on people who are 3rd or 4th generation american with ancestry?

So what if you don’t have 6figures +?? How can you get a second passport?

9:05 - Public support for remaining in EU in Poland has never dropped below 70 percent. Also Poland gets massive economic benefits from membership. There's a huge number of Polish truck drivers and construction workers EU-wide that take advantage of the right to live and work in EU countries to earn higher wages than they otherwise would in Poland. I really don't think this country is "one of the first" to leave. Sure, there's high profile tensions between Brussels and Warsaw, and the EU might wish it could kick Poland out (it legally cannot), but the fundamentals of the situation just don't make a Polexit seem likely. My bet's on Italy.

Being a dual Pakistani Passport holder, I am offended, and your also accurate :( 7:19)

how about Kosovo passport? @Nomad Capitalist would you get that?

Would you take a Bahamian passport?

I would accept any thing that isnt iraqi passport. We have been either first or second worst in the world for as long as i remember as soon as i make some money i will definitely have one of those investment citizenship I would very much like to travel and see you new places with it.

when i hear you say CAS, are you actually saying CIS?

On Norway.. you are usually required to disown all other nationalities and passports, as you can basically only be Norwegian, in the eyes of the government.. and you will be taxed accordingly

It is beneficial to have a second passport if you are an American citizen but for what reason if you still have to pay US taxes and live in the US? You can almost go everywhere without visa using American passport. I want to get a passport that allows me to visit US without visa, then cancel my US citizenship so I don’t pay 40% federal and 10% state tax. There are only 39 countries (majority in the EU) that don’t require visa to visit US. It would be interesting to know which of 39 countries Andrew would recommend to get passports of.

Kindly suggest a Passport scheme of 150X and 50X

Great video today. Quick question, what are your thoughts on Swiss residency/passport? Edit: Greetings from South Africa

Does a EB-5 investment residency open you up to world wide tax?