Today we are going to talk about the most popular misconceptions about Panama:
https://nomadcapitalist.com/2019/08/05/panama-friendly-nations-visa-ultimate-guide/
Andrew Henderson is the world's most sought-after consultant on legal offshore tax reduction, investment immigration, and global citizenship. He works exclusively with six- and seven-figure entrepreneurs and investors who want to "go where they're treated best".
Work with Andrew: https://bit.ly/Nomad-Capitalist-Application
Andrew has spent the last 11 years studying and personally implementing the Nomad Capitalist lifestyle, and has started offshore companies, opened offshore bank accounts, obtained multiple second passports, and purchased real estate in a more than 20 countries.
He has also spent years creating a behavior-based system that helps people get the results they want faster and with less resistance. Andrew believes that everyone can use offshore strategies to keep more of their own money, live a life of freedom, and grow their wealth faster.
About Andrew: https://nomadcapitalist.com/about/andrew-henderson/
Our website: https://www.nomadcapitalist.com
Subscribe: https://www.youtube.com/subscription_center?add_user=nomadcapitalist
Buy Andrew's book: https://amzn.to/2QKQqR0
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.
Choosing a place where you'll set up your company's offshore bank account and the place where you'll incorporate that company depends on a lot of factors and circumstances - what kind of business you're in, what is your minimum deposit, what citizenship do you own?
Also, these two places don't necessarily have to be the same, diversification is always better.
When it comes to opening a bank account, you should go for the traditional wealth hubs, such as Singapore, Switzerland, and Lichtenstein because of the stability, and if you can't get in there, try somewhere in the middle - British Virgin Islands.
As for the incorporation, you can even go lower class there - Belize, Marshall Islands, Samoa, etc.
But remember: Total freedom and anonymity is not always the best option in the offshore world.
https://nomadcapitalist.com/offshore-banking/
Andrew Henderson is the world's most sought-after consultant on legal offshore tax reduction, investment immigration, and global citizenship. He works exclusively with six- and seven-figure entrepreneurs and investors who want to "go where they're treated best".
Work with Andrew: https://bit.ly/Nomad-Capitalist-Application
Andrew has spent the last 11 years studying and personally implementing the Nomad Capitalist lifestyle, and has started offshore companies, opened offshore bank accounts, obtained multiple second passports, and purchased real estate in a more than 20 countries.
He has also spent years creating a behavior-based system that helps people get the results they want faster and with less resistance. Andrew believes that everyone can use offshore strategies to keep more of their own money, live a life of freedom, and grow their wealth faster.
About Andrew: https://nomadcapitalist.com/about/andrew-henderson/
Our website: https://www.nomadcapitalist.com
Subscribe: https://www.youtube.com/subscription_center?add_user=nomadcapitalist
Buy Andrew's book: https://amzn.to/2QKQqR0
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.
How can you get immediate citizenship by getting married?
It turns out there is one country on earth that still grants immediate citizenship to anyone who marries their citizens whether they are male or female.
Many countries allow spouses to become naturalized after a certain number of years, often faster than normal residents who aren't married to a local. But this one country reduces that wait to zero.
https://www.nomadcapitalist.com
Andrew Henderson is the world's most sought-after consultant on legal offshore tax reduction, investment immigration, and global citizenship. He works exclusively with six- and seven-figure entrepreneurs and investors who want to "go where they're treated best".
Work with Andrew: https://bit.ly/Nomad-Capitalist-Application
Andrew has spent the last 11 years studying and personally implementing the Nomad Capitalist lifestyle, and has started offshore companies, opened offshore bank accounts, obtained multiple second passports, and purchased real estate in a more than 20 countries.
He has also spent years creating a behavior-based system that helps people get the results they want faster and with less resistance. Andrew believes that everyone can use offshore strategies to keep more of their own money, live a life of freedom, and grow their wealth faster.
About Andrew: https://nomadcapitalist.com/about/andrew-henderson/
Our website: https://www.nomadcapitalist.com
Subscribe: https://www.youtube.com/subscription_center?add_user=nomadcapitalist
Buy Andrew's book: https://amzn.to/2QKQqR0
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.
Where is the easiest place to open an offshore bank account?
While there are a number of great emerging banking countries, Georgia is consistently a great place to start... even if you're a US citizen.
There are 18 banks in Georgia, with two being listed on the London Stock Exchange. You can generally bank in US dollars, euros, pounds, and Georgian lari, and you can benefit from higher interest rates.
Of course, merely opening an offshore bank account won't help you legally reduce your taxes, but it's a great start to diversifying yourself internationally.
https://nomadcapitalist.com/2015/12/21/easiest-place-to-open-a-bank-account/
Andrew Henderson is the world's most sought-after consultant on legal offshore tax reduction, investment immigration, and global citizenship. He works exclusively with six- and seven-figure entrepreneurs and investors who want to "go where they're treated best".
Work with Andrew: https://bit.ly/Nomad-Capitalist-Application
Andrew has spent the last 11 years studying and personally implementing the Nomad Capitalist lifestyle, and has started offshore companies, opened offshore bank accounts, obtained multiple second passports, and purchased real estate in a more than 20 countries.
He has also spent years creating a behavior-based system that helps people get the results they want faster and with less resistance. Andrew believes that everyone can use offshore strategies to keep more of their own money, live a life of freedom, and grow their wealth faster.
About Andrew: https://nomadcapitalist.com/about/andrew-henderson/
Our website: https://www.nomadcapitalist.com
Subscribe: https://www.youtube.com/subscription_center?add_user=nomadcapitalist
Buy Andrew's book: https://amzn.to/2QKQqR0
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.
For about 13 years now, I and the Nomad Capitalist team have religiously chased, researched and put in a lot of work into achieving the Nomad Capitalist lifestyle; a life where Individuals can live wherever they want with all their assets safe, their privacy preserved, with little to no tax obligations.
During my years of relentless research, I gracefully stumbled upon the concept of flag theory.
For those who are familiar with the Nomad Capitalist channel and our content, you probably recognize this concept and for those who aren’t, to put it simply; flag theory is the idea that you must “go where you are treated best.”
It’s that simple.
The world is a place full of so much untapped potential and financial opportunities, so much so that the ability to freely move at any point in time to a destination that best serves your needs becomes a necessity for the business-oriented individual AKA, the Nomad Capitalist lifestyle.
No one country, no matter how great is going to treat you best for every part of your life. So every time you take a part of your life to a new country or acquire second citizenship, you plant a flag.
The original three flag theory was credited to an investment expert known as Harry Schultz. Harry’s flag theory was about the need for a second citizenship as a backup plan, a business overseas and a business address in a tax haven to protect you from having to pay unnecessary higher taxes.
This theory then evolved into the Five Flag Theory, which focuses on having a business in a tax haven, playground, an asset haven for wealth storage, the right kinds of passports and residence address.
Everyone has their own version of flag theory; people have taken this concept and advanced it into ways that best suits their needs.
At Nomad Capitalist, we take flag theory to a limit where it continually brings our clients positive results. We have modernized it and adjust it to the way the world’s evolved, because flag theory has experienced a lot of changes since its inception.
We are continually updating fresh ideas to help clients successfully apply flag theory to every decision they make and in this video, I talk about the original three flag theory in a 21st century context and explains some of the best strategies for solid flag planting.
Generally, the more flags you plant, the less control any government has over you. To maximize your freedom, you need to plant flags in as many countries as possible. There is a vast land of nations waiting to receive your flag; however, you need to be smart about it and I will give you some great advice on how to do this.
As usual, diversification is a key quality of the Nomad Capitalist lifestyle and it is very crucial when it comes to implementing any flag theory at all, be it the three flag theory, five flag theory or the Nomad flag theory.
The Nomad Capitalist lifestyle is accessible to everyone; YOU can go where you are treated best right now! If you would like some assistance in evaluating your needs and planting flags in various countries, I and my team would be more than happy to help you figure things out. Living in a tax haven isn’t where the Nomad Capitalist lifestyle tappers off, there’s more to it. When you seek our help, we will take the time to make a list of the services, products and experiences you value and pair that with countries that best represent your interest.
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Our Website: http://www.nomadcapitalist.com
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.