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Having Dual Citizenship – or even Multiple Citizenships – is an important step to internationalizing your life so that no single government "owns" you. Looking after your growing net worth, tending to your business, and balancing family life all at the same time is hard work. You don’t need to worry about what happens if there is civil unrest or if your government suddenly decides to raise the tax rates. Not if you have "Citizenship Insurance". Not if you have a Second Passport.
A Second Passport will ensure that you reap all the benefits – tax optimization, improved travel potential, protection against controlling governments, and more – counterbalanced by an acceptable (to you) level of risk. Would you get second citizenship which doesn't allow you to visit Europe? That might be thinkable for many people. In this video, Andrew makes a case for getting a bad passport.
Andrew Henderson and the Nomad Capitalist team are the world's most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best".
Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle.
Our growing team of researchers, strategies, and implementers add to our ever-growing knowledge base of the best options available. In addition, we've spent years studying the behavior of hundreds of clients in order to help people get the results they want faster and with less effort.
About Andrew: https://nomadcapitalist.com/about/ Our Website: http://www.nomadcapitalist.com Subscribe: https://www.youtube.com/subscription_center?add_user=nomadcapitalist Buy Andrew's Book: https://nomadcapitalist.com/book/
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.