Five Citizenships to AVOID At All Costs

If you're new to my channel, my name is Rafael Cintron. I’m the founder of Wealthy Expat, a company focused on helping high-net-worth individuals reduce their tax burdens and gain more financial freedom by becoming expats. Our services focus on guiding clients through the process of obtaining second residencies, citizenships, and creating tax-efficient structures, particularly in low-tax environments like Dubai.

Here’s a bit about my journey:

I’ve traveled to over 80 countries and obtained multiple new citizenships along the way.

In my early career, I realized the constraints of traditional tax systems, which led me to explore legal strategies to minimize tax obligations.

Wealthy Expat has helped over 500 clients navigate international residencies, foreign company setups, and asset protection strategies.

Our team offers top-tier services, handling everything from setting up offshore bank accounts to getting second citizenship by investment to securing Dubai residency and more.

My YouTube channel was started to share my experiences and insights with others who seek freedom and financial security outside of traditional systems.

Today, Wealthy Expat continues to grow, with a focus on empowering clients to protect and optimize their wealth in a world where freedom is increasingly restricted.

Let’s create your path to freedom.

DISCLAIMER: This video is not tax and/or financial and/or investment advice. Any information or advice I give is purely based on my own experience and research. I am not a tax professional and/or lawyer and/or accountant so I am not liable for any steps you take to lower your taxes. I'm not a financial advisor nor do I pretend to be. Always do your own research.

[bensonjoseph]

You should make timeline on your video so viewers can have easy access to your video info

[Dogukan_durukan]

I‘m a Entrepreneur from Germany, but I‘m originally from Turkey, so I do have 2 Passports. Technically I‘m not paying any taxes back in Germany because my business and investments are in Turkey and the UAE. I can use all the European infrastructureonly by paying a small amount of 250€ for my private health insurance. Regarding my turkish citizenship - In TÜRKIYE there‘s no questioning about the source from the money. As a foreigner avoiding taxes is very easy. You can easily buy a property and rent it out while getting the citizenship and relocate your business there to avoid taxes. So summarized I’d definitely recommend it to high figure entrepreneurs. Going more detailed on my videos.

[ginorako]

Even the Netherlands(my home country) is considering citizenship based taxation called Exist Tax for 5years after you leave the Netherlands.

[akashsxo]

what's the difference between citizenship-based taxation and tax on foreign-earned income?

[alancosens]

I don’t get how they would know whether you have any particular passport. So you’re saying having a Cuban passport or a Pakistani passport could cause trouble. if you’re going into a different country, wouldn’t they only know about the passport that you present? Or is there some sort of global database that lists all the different passports that one has?

[saml]

That was a very well presented and reasoned analysis!

[fardhidahmed]

i have the spain passport, what do you think about it?

[michaelgood]

its true, USA citizenship has some seriously negative trade-offs... im cautiously optimistic to one day see the end of double taxation, and cap gains...

[wickedx]

I was going to give up on my french one for the Australian one lol

[micomarinas]

is the Pakistan cbi program still on going?

[globalschooldevelopment]

Actually Pakistani citizenship has a great value if you have money. "In the land of blind, a man with one eye is kind" Yes it's true in the case of pakistan. If you have 100, 000US$ in a bank or in business it's very easy for you to travel and get a long term visa. Normal people have a hard time to get any visas but if you're above them which is not that hard you have way more privileges than others and you live like a kind. And the lifestyle in Pakistan for the above poor is really great just don't mess with the Army leadership there.

[CloudSecurityGuy]

Bro you got featured in legion of men 😊

[larrainlsd]

What are the cutoff to work with you? Like i don't wanna book a call if i know i will be wasting your time

[kaoulkae]

I am French. I can get the Polish bassport by descent. If you were in my position would you replace with Polish nationality or Russia's clotheness and draft is too much a risk for tax?

[wagondragon]

2:24 Can you pleas provide a link to Germany considering it (tax based on citizenship)? I am applying for Germany citizenship, and now will have to consider removing it in case they go through with it.

[shaz]

Le Pakistan: Getting beaten left and right 😀

[ksj]

Hi really nice video. I hope you could help me with my questions: 1. Does the US green card bear the same baggage as per the US citizenship? I'm living in Europe, and I don't think I will live in the US for long (I am going to get the green card or citizenship by marriage). 2. I heard that the bill proposing taxing French based on citizenship has failed in the French parliament. Any detailed update about the recent develop in France?

[mike-jtkn]

What do you think of trinidad & tobago passport ???

[WardCatoggio]

I really appreciate your efforts! Could you help me with something unrelated: I have a SafePal wallet with USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How should I go about transferring them to Binance?

[VL]

Somalia, Haiti, Venezuela, Iraq and Iran? I am American but I could get Italian and Irish citizenship by descent.