Contact us to find out how we can help you: nomadcapitalist.com/apply See if you can "Live Like A King" in Bogotá with your passport: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-2T_LFhCYsDc.html Make sure to look at our Nomad Capitalist Passport Index: nomadcapitalist.com/nomad-passport-index/
Surprised the Netherlands is ranking so highly, when they make it very difficult to get dual citizenship and are currently having heated debates on greater wealth taxes.
It's true that the Netherlands makes it difficult to obtain dual citizenship. However, passport rankings depend on various criteria. You can watch this video to learn about the benefits of a Netherlands passport here: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-74TRIv52c1s.html
would not have The Netherlands as an option, besides taxes and so on.. i live here and doing research for ways to get out.. On a national level: big big issues with healthcare, education, immigration, housing market, plus deminiishing nature.
I know this ain't the best passport but Benin is offering citizenship by recognition for descendants of trans Atlantic slave. It's actually very different from what other countries in African market offering. Benin does have a good trend economically with lots of reforms. I might check it out
Speaking of Trans Atlantic slavery. Netherlands was a originator, leader and didn't stop until way after it was made illegal in USA. Just a horrible history. They actually tried to capture Recife because it was such a lucrative Slave trading destination.
@marshallleo6589 All those black slaves from Africa were captured and sold by other black people. The Netherlands stopped slavery in its territories, Africans are still enslaving each other today. Africa, just a horrible history, and present.
A couple of things should disqualify a citizenship to appear on Nomad Index: 1- Not allowing dual citizenship. 2. Not possible to acquire for most in reasonable amount of time (5 years or less).
Before getting sold to China for human trafficking and intellectual property theft, I renounce my US citizenship and all communist allies in US, Russia, Iran, Korea, et al
In my opinion the passports of the future are not only emerging market countries but also countries that are becoming more neutral and in good standing with other countries.Countries that even run their economy differently.These countries are highly underrated some in Asian but not only Southeast Asia some in the middle region of Asia.Also middle eastern and south pacific countries that are doing things completely different than the west and are deciding to go their own way.
This list is interesting - you guys do your rankings completely differently from Henley’s list; this is more comprehensive than theirs for sure but I still think Japan should be higher up.
I would skip Sweden, I live here, unless you want to live in the countryside and you are happy doing very little, you might not like it here. The gang crime is too high and there are too many bombings every year. Capital gains are 30% flat no exceptions, and income taxes are 20-30% out of your paycheck, and the employer also pays taxes on your behalf outside of your salary, so total effective taxes burden is 45-60%. Go to Portugal. Eu passport can get your just about wherever you want. taxes are good, so is the food and the people are wonderfully laid back.
About stable political situation , it is nothing to worry about. Peru is the only country in Latin America where Politics and Economy run onto 2 different paths. While politics could be unstable, economy is pretty stable. Economy grows even though political turnmoil. "El Milagro Economico del Peru a pesar de la inestabilidad política" No lack of food, gas, fuel, etc. Overproduction of electricity, abundance of water, good sewage water treatment plants, good agro-exportation, etc. No gangs on the cities as in Mexico, etc.
I am British but i think i would be better off flushing my passport down the toilet then swimming accross the channel from France to Dover and pretending i am a refugee because this way i get put into a hotel and dont have to pay a penny 🤔
I’m from the US and we are experiencing that same nonsense here. I would be better off ditching my passport, traveling to Mexico and re-entering the US by swimming across the Rio Grande. Free money and housing for life!
@@Beachgirl1 You have my total sympathy. What pisses me of the most is that i served 15 years in the British Army so i have been to 4 theatres of war for my country and i could have saved the tax payers a lot of money and just went to war against the UK government and the country would be in a much better state than it is now with this shower of war mongering over educated bunch of greedy cowards that are running the show. All those people that have given their lives for so called Peace and Freedom have died in vain . Its a joke that our leaders condemn Putin because he wouldn't allow this situation 🤔
When the stupid Russian invasion started I had to abandoned my nice village house, sell my car for half price and run across the Moldova border from my own government because otherwise they would send me to war although I don’t even know how to hold a gun. I was a refuge in Moldova and France. You guys have no freaking idea what it is like to have a kid, a pregnant wife and the whole life left behind because of two dictators genociding your nation. Yeah, occasionally you get a free night in a motel full of cockroaches, where the staff treats you like shit. But I don’t think you’d find it entertaining. I’m in the USA now. Working on Uber, paying my taxes. Rent is $2000 and for $5-10k you could buy a village house in Ukraine. They extend my permit to stay here every year but it’s not immigration, so you are still a guest. And you have to pay $1000 to extend your work permit. And you can’t leave the country to go to the cheaper dentist or they won’t let you back in. Food is shit and 5 times more expensive than at home. You guys have no idea what you are talking about. Sorry.
Why isn't Austria in the top 5? ...I got Austrian citizenship through my Jewish ancestry a few years ago I use it all the time but I've bearly the there...
The new presidenta is literally exactly the same as the outgoing president whom they’ve had for years already. Not defending them, they are both garbage, but if you were happy with Mexico under AMLO, nothing much should change under Sheinbaum.
I would love to see a ranking based mostly on freedoms. I don’t really care about how many countries I can visit without a visa, or what the perception of the country is. I care about whether I’m going to be locked out of stores unless I submit to forced medical procedures, whether I’m going to get locked out of my bank account if I say something wrong on Facebook and whether my kids are going to be conscripted. Obviously your target market is millionaires who want to avoid paying tax and live the high life, but I think there’s a great opportunity for you to serve people like me who want to set up an escape plan/insurance policy in case a SHTF event occurs in their country. Just an idea. 🤷♀️
san marino passport is ranked too low! you guys put 10 points for "double citizenship" but it actually allows dual citizenship! (i am both sammarinese and italian)
@@deeseasea after the 10 years eh, hm thats interesting. I have a website if you search imontheball and im about to post about San Marino. Hesitantly I may add though because I dont want the secret to be out hahah theres a great thing going--for millennia!
This ranking is outdated regarding dual citizenship data for Brazil. Recently, Brazil changed its dual citizenship laws, ensuring that Brazilian citizenship cannot be lost unless actively renounced. Previously, naturalizing in another country could lead to loss of Brazilian citizenship, except through the jus sanguinis or jus soli route. Given this new law, Brazil should be ranked highly in terms of dual citizenship.
Jamaica is an excellent place to be an investor now. Lots of big developments and growth there. They are spending a lot of money on the infrastructure. Lots of very wealthy Chinese restaurants investors there as well. Last time I checked they were not offering citizenship via investment though.
For people considering Ireland, Irish citizenship when obtained via naturalisation comes with caveats. It is subject to revocation if you dont live there after become their citizen
Surprized that Swiss is first... I tried my best to leave that little country for years, my friends too. All good people I know wants to leave or already left. Really
@@guneetchowdhary4530 as a normal Swiss in Switzerland we are just treated like people just pay invoices and fill in tax declaration and the country is very small and boring. Health insurance about 600€ per month and you still pay invoices of doctors + it is compulsory. not having insurance is a criminal offense. Swiss is like a small version of the US. To live. But passport bro is OK. Passport is good to leave the country. But you can do with other passports...
Finland? Are you sure you're aware of the tax levels? And that at least the prospective young male citizens can be called in as conscripts in the armed forces without pay? Ofc as a dual citizen you'll have a greater chance of not being mandated to serve, but it's quite mandatory really.
Who loves Finaland?? I hope that was a joke. AHAHAHAHAHAHA had a friend, he couldn't get residence & went to Finland after 1 month he escaped from refugees camp and left Finland.
You should also include factors like Mandatory Military Service and Personal Safety and Security (aka Low Crime Rate) in your passport rankings for the coming years. The risk of being drafted during a war is a major factor for people looking for another passport. Also, personal safety and security should be a factor in your ranking as well.
@@anman1575agreed with Ireland being 1 easily, but not cuz of Britain, even the 7th, the Canadian passport has that, no one wants to visit the UK no more
Have my Italian citizenship by descent appointment this Thursday in Philadelphia and headed to Luxembourg at the end of the month so my wife can claim her citizenship by descent there. It's taken a long time to get here but the end is hopefully near! 🤞🇮🇹 🇱🇺
@@ViralTubeRecords 5 years for Italy and a little over 2 years for Luxembourg. Gathering of documents and actually managing to get an appointment, in the case of Italy, is the most challenging.
So what about one step below passport? Such as permanent residency? Where you can live freely, own property, but not allowed to vote or a few other things. How do those rate? For example Mexico has that.
Clever ppl knew this since they forced United Europe many years ego.its Utopia from the very beginning that works only for smal number of people ,NATO & illegal immigrants from Middle East.
Even though economies of the western EU economies are stagnant there's lots of development going on in Eastern Europe such as Poland and Romania where cost of living and business operating costs are comparatively much cheaper, in Sweden tons of copper and other rare earth minerals are being discovered for EV production, The EU needs to stop prioritising Ukraine and all the other non-sense and get back to getting cheap Russian Oil
@@Abe_06makes sense, and then Russia will invade Moldova followed by Georgia and Estonia! I guess then Latvia and Lithuania! And before you know Autocracy rules in Europe! Good times!
I want to get North Korea and Afghanistan passports then show up at the Nomad Capitalist event with them in both hands . "Let me in!" Yes I'll be on a horse dragging a statue of Kim Il-Sung
As a Swedish and Finnish dual citizen I do not see any major opportunities as both countries are highly tax prone. Then again in my travel I seldom face difficulties with entrance to countries like Japan, Korea and the 5 Eyes .Russia treated me kindly until the war started . Have not tried to enter since 2022
You’re hilarious 😂 you rank the U.S. passport relatively low but then gauge the power of a passport based on its access to the U.S. 🤦♂ You mentioned that the Saint Kitts and Nevis passport is just as good as the U.S. passport, yet one of your criticisms is that it doesn’t grant access to the U.S. It seems like your concept of passport power is overly contrarian and a bit silly goose. If you were being honest, you’d acknowledge that the U.S. passport is far more powerful than you're suggesting here. People are pouring into the U.S. in droves (NOT into Saint Kitts and Nevis as you might be thinking...), both legally and illegally, not because it’s fun but because of what the U.S. offers and the global perception of the U.S. still being supreme.
@@nomadcapitalist I watched the video, and it was just a string of unsubstantiated anecdotal claims, most of which are objectively false and come from an extremely bitter place. Did the U.S. cut you off in traffic or run over your childhood pet or something? I get that you’re just trying to make a buck like everyone else, and that seems predicated on diminishing stronger passports, which is fine. I admire the hustle and can’t really hate you for that. If you say things with enough authority, people will believe anything. I just happened upon this video and saw obvious inconsistencies. The most hilarious one is that you underrate the U.S. but then use other countries' passport access to the U.S. to determine part of their value. I’m sure you can see some humor in that, right? The U.S. has its problems, but not to the extent that you’re inflating them to be. The U.S. has the biggest companies, the best schools, etc., and whether you think the U.S. is a horrible place to be (which it obviously isn’t), people make their opinions of America clear by their actions, and their actions are to make the U.S. their home by any means necessary. Even a substantial number of Chinese migrants are pouring into the U.S., along with many others from various countries. U.S. culture is pervasive everywhere in the world. Saying you’re a U.S. citizen overseas obviously holds more weight than saying, “I’m a citizen of Saint Kitts and Nevis,” and you clearly know this because you gauge the power of other passports based on access to the U.S. whether consciously or unconsciously. The perception of the U.S. is still great despite your opinion, which is a bit silly in my view, but I understand you’re just trying to run a business, which I can respect. At least I know why you have these opinions.
@@invisibleadversary if you have 500 millions, and want to live in the US for the rest of your life which is better 1) holding a US passport and pay lots of taxes 2) hold a passport of zero taxes on saving money country? His advices for rich people not for me and you. 😂
Considering how many people carry a Spanish passport and how many other southern Europe passports are higher up the list, disappointing to not hear why Spain is so low? Above Oz which you mentioned. What's the reasoning?
Maybe fredom? In Spain, if you are a male and a lady denounceyou, you are automatically guilty, you should prove otherwise and can cost years in jail and losing your money. In the other side, if you are woman you are always innocent.
@@coolrunnings5383 I have both a Spanish and British passport so not sure how important that is although the wealth tax is definitely a factor. Thanks 👍
Best passports are Spain, Monaco, Lichtenstein, Luxembourg, France, Portugal, Andorra, San Marino, İtalian, Costa Rican, Panama, Brasilian, Argentinian , UAE, South Cyprus, Australian, Palau, Tuvalu, Vanuatu, Belize passports instead of Turkey passport or North Cyprus passport.
The "dual cit" score for Netherlands is wrong or at least incomplete. You're not allowed to have a second passport by law. The official dutch government site says: "You might automatically lose your Dutch citizenship if you acquire another citizenship." and "As a rule, you lose Dutch citizenship if you voluntarily acquire citizenship of another country." There are exceptions, yes!
@@crazyg74 It was strictly enforced, many people were deported from Perth as a result, however there were many "little-known" exemptions. That law automatically exempted those who had the citizenships automatically by descent (i.e. born with the citizenships), and those who naturalized as Australian citizens before 1900. Also, those who came to Australia as refugees at the end of WW2, had visa conditions on their Refugee visa which let them retain their citizenship, permitted them to naturalize after 10yrs as Australian (retaining their other citizenship), but prohibiting them from ALL welfare except the old age pension providing they worked and paid taxes. The last condition applied to all future generations unless one parent was an Australian citizen by descent or by "right of soil" (Australia was a "right of soil" country until 1993) providing they (or their parents) didn't enter Australia on a Refugee visa issued at the end of WW2.
Wealthy western men are not acquiring Western European visas or north American passports. We are going to Eastern Europe (last white safe haven) and south east Asia (where women embrace the patriarch). As for tax. We have many countries to pick from for zero tax. In fact the only reason I keep my western passport is to keep my western job. Once retired and ready to sell my investments, renouncing my citizenship to avoid taxes and moving to a Eastern Europe and south east Asia.
TBh I think you need a column "Risk of going to w&r with Russia." Many of EU passports looks great, before adding that one! Eg. in Czechia every citizen (incl. woman) has obligation to protect their country. Not doing so, will result in crime and likely if you will be up for a prison time in one EU country, all of them probably will have arrest order on you and it's even possible to ask for extradition from non-eu country.
_"...it just shows...the very heavy-handed nature"_ I wish more countries did that. The UK is flooded with Albanian gangs and we're too 'polite' to say "No. Out."
I have an eu passport and a canadian. As a forward thinker I find both pretty useless knowing what is coming. It's better to be the citizen of a tiny island nation that leaves you alone and live somewhere in SEA.
@@vincentalakija5515 Well it's about diversifying your TYPE of passport. Having multiple passports that are all Western ones, or even more closely tied like the "5 eyes countries" (USA, UK, Canada, Australia, and New Zealand) is kind of pointless. Because they all follow the same agendas and have similar access to other countries basically. I want to get a non-Western passport like from Asia, Eastern Europe/Russia, Africa, to mix it up and have an escape route from what feels like a sinking ship.
Who loves Finaland?? I hope that was a joke. AHAHAHAHAHAHA had a friend, he couldn't get residence & went to Finland after 1 month he escaped from refugees camp and left Finland.
It really depends on who you are and your situation, like which places you're descended from. Even your ethnicity determines which countries are better for you. European countries are great for some people and not so much for others. You need a foothold in those places to really be prosperous. EU passports are great to have but how many are great places to actually live? Only some of them.
Mostly agree, but don't think the UAE should be on there. I am never returning back to UAE that place is a nightmare. You can get jailed for random petty things to be the victim of violent crime. If you have a passport and are a citizen you would really be up creek SOL. NO THANK YOU ON THAT ONE. All the other passports do sound like good passports.
In the real world, this list should have the USA near the top simply because this is where you can make money, create and fund a business. A country where professional people can thrive and become successful and where taxes are still extremely low if you live in a red state. I can guarantee that income taxes are heavier in Switzerland than in the USA. Real estate investors in the US can depreciate the asset and can avoid paying capital gains forever. Meanwhile, in places like Switzerland, either you have the money or you don't. Very expensive place to live and 0 opportunity for business or becoming truly successful. Ever heard of a Swiss start up ? Yeah, me neither.
I have no US passport. That didn't stop me from creating an llc and all my banking the the US, and with my client base in the US. Except the US won't chase me around the world for my tax. Being a US citizen would be an absolute nightmare for someone that wants freedom from worldwide taxation, especially if you don't want to live there (and why would you? What argument is there to live in the US? The standard of living is so low compared to so many other places in the world)
Many of the countries on top of your list like Finland, Iceland, Greece have super high income tax regime. UAE citizenship might be great but good luck with acquiring it. The same applies to Switzerland. You must continuously live in Switzerland for 10 years to get citizenship. You must live and work in Liechtenstein for 30 years to get citizenship. How attractive is US citizenship given that you must pay tax to the US treasury irrespective of your location. Australia went full fascist during comic-1984. Not a place I'd consider for a minute.
It's a skeptical list. I simply do not want to live in the EU and there are so many other places better right now, yes even in Latin America. Sounds like too much funny business going on and I'm going to travel less.
I'm a kiwi with an NZ passport and was thinking of getting an AU passport, but after hearing about the tax issues I could face now I'm more hesitant. My main reason for wanting an AU passport was the special visa USA gives to AU citizens. Do you think the AU passport is still worth it for the special visa or not worth the tax issues I may face???
I would say that a passport to any EU country would be a good choice because it would then give you access to the whole EU and make it easier to turn around to get citizenship of the EU country of your choice that would not be available to you otherwise.
True, but why would anyone seeking freedom from oppression, censorship, and high taxes want that though? The folks who are clamoring to enter there are the poor, uneducated, unskilled ones who are seeking free stuff, and who could never have qualified for any type of visa to go there under the former rules. I visit many cities in Europe and they don’t even look or feel European anymore. And if while there I post on social media that the Prime Minister is fat I would be arrested and fined and probably get deported.
The most powerful passport in the world with a draft is the Singaporean Passport. Other powerful passports are the Swiss Passport and the UAE Passport and the Irish Passport.
Interesting… I would love to know as a U.K. citizen but having lived in Denmark for most of my life as a resident what is my best way reduce my taxes… Especially my pension that is saved in Danish pensions.
I don't understand how Swiss and Finnish passports provide more freedom than lets say Luxembourg given that Switzerland and Finland do have military conscription. Also, from taxation, from the moment you leave the country, they will not tax you, and do not give a shit anymore about you. Also compared to neighbouring countries, the actual tax rate is lower. The biggest downside of a Luxembourgish passport is the limited network of consulates abroad in case you have an emergency, usually you'll end up in a Belgian or Dutch consulate.
About the military conscription in switzerland, it's very easy to be medically discharged or you can simply pay a certain amount per year to not do the service. Also, it's a defensive army meant to act as a deterrent, and the probability of a conflict happening on swiss soil is almost non existant at the time.
@cineman6015 I understand, Switzerland's defence is almost exclusively to defend the country. Unlike some other countries. But like you mentioned. The choice is to pay or serve. Not paying and not serving is not a choice. That said, the Swiss should get bonus points because the passport is more beautiful. 😅
@@ye6207 not to mention you have the choice between 3 civil services, the army being one of them, so you can get around paying if you are ready to give time for the other civil services 🤷🏻♂️ as a swiss, I can say that those that want to avoid military service can do it quite easily. But if you decide to get the nationality when you are older or have already a family, then I would say paying is the best option
Your ranking for Bosnian passport is not reasonably positioned as many passports that require visa for EU are before it. You count the same if someone can go to all EU countries without visa as some passport that can go to other 27 banana counties!
Passports are meant for travel, so including criteria like dual citizenship & taxation is absurd. Those factors relate to citizenship benefits & should not be mixed with passport rankings.
Hi, i'm an Australian citizen and married an Algerian guy, i'm looking for a cheap taxes country/ zero taxes to start a functional nutrition business, i have been told that if i was Algerian i could pay zero taxes if my business was in Algeria but still live in Australia and have my business here in Australia from my home town , i dont think i want to live in Algeria but it's worth checking up with you. any advice? Thanks
Hey Andrew, you need to stop giving Italy a 40 in perception. Italians are one of the most welcomed and good perceived people in the world. I traveled and lived literally all around the world with my italian passport and never had a problem. Neither when entering a country or doing immigration processes nor when just saying I'm italian to a stranger. When I say I'm from Italy normally, people smile and say "oh Italy 😮😊😃, whereabouts in Italy 🙂?.." I'm not biased, Italy really should have a 50 as perception. I don't know where you got from that Italy is not well perceived. Nowadays french citizens are perceived badly.
Italy is one of my favorite countries to visit. I love the culture, and ALWAYS gain some extra pounds from eating all that ridiculously good Italian food. But, I think he ranks it low because it’s just not a great place to invest and build wealth right now. The economy is not good to invest. It has been that way for a long time.
For years I've been dreaming about the Canadian Passport, but I figure out that the Irish is the best one, you can have the right to live in the entire EU plus UK, and the Irish passport is very well welcoming everywhere around the globe :).
Hey with regards to Switzerland your Passport Country page is not entirely correct -> Switzerland since March 2024 has also visa-free access to China! Also your information regarding how long it takes to get a Swiss passport is wrong as it's no longer 12 years but only 10 years!
switzerland is tough to get, but if you are legally married to a swiss citizen the time shrinks. citizenship by marriage is usually possible elsewhere too. but never ever fake such a marriage ! the new citizenship will vanish by default
