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5 ways to choose the best second citizenship
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Let's talk about 5 ways to choose the best second citizenship because there isn't enough valid information on the topic.
When you're looking at getting a second passport, there are a lot of different factors that you should take into consideration.
First, it's important to make a distinction between a second passport and second citizenship, because they are not completely the same thing.
It's also important to note that ranking passports isn't as simple as checking to how many countries they have visa-free access to.
The quality of a passport depends on different aspects because they provide you with different living standard, taxation laws, country reputation etc.
This is why it's so crucial to think beyond just travel benefits and see what other perks can a passport give you.
Here at Nomad Capitalist, we use the Nomad Passport Index and we look into 5 different factors. Get your copy of the Nomad Passport Index and discover the world's best passports.
Go to our website to check out the latest Nomad Passport Index:
Subscribe to our channel and stay tuned for more videos and information about second passports, offshore strategy, reducing your taxes and going where you're treated best.
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ABOUT NOMAD CAPITALIST
Andrew Henderson travels to nearly 30 countries every year to stay up to date on the latest legal strategies for entrepreneurs and investors to pay less tax, grow their money faster, and build their personal freedom.
Andrew started Nomad Capitalist to help people like you follow his five magic words: "go where you're treated best". He has personally started foreign companies, opened offshore bank accounts, and obtained multiple second passports.
He also learned the hard way that perpetual information seeking is often the biggest barrier to getting the results you want. Many entrepreneurs spend months and even years constantly researching how to pay less in tax or live overseas, but are afraid to make the jump.
As a result, they get stuck and keep paying a fortune in taxes and never get the lifestyle they deserve.
Nomad Capitalist's Youtube channel is based on Andrew's vision that focusing on the end result, rather than the latest shiny object, is the best way to actually obtain the benefits of the Nomad Capitalist lifestyle.
When you're looking at getting a second passport, there are a lot of different factors that you should take into consideration.
First, it's important to make a distinction between a second passport and second citizenship, because they are not completely the same thing.
It's also important to note that ranking passports isn't as simple as checking to how many countries they have visa-free access to.
The quality of a passport depends on different aspects because they provide you with different living standard, taxation laws, country reputation etc.
This is why it's so crucial to think beyond just travel benefits and see what other perks can a passport give you.
Here at Nomad Capitalist, we use the Nomad Passport Index and we look into 5 different factors. Get your copy of the Nomad Passport Index and discover the world's best passports.
Go to our website to check out the latest Nomad Passport Index:
Subscribe to our channel and stay tuned for more videos and information about second passports, offshore strategy, reducing your taxes and going where you're treated best.
---
ABOUT NOMAD CAPITALIST
Andrew Henderson travels to nearly 30 countries every year to stay up to date on the latest legal strategies for entrepreneurs and investors to pay less tax, grow their money faster, and build their personal freedom.
Andrew started Nomad Capitalist to help people like you follow his five magic words: "go where you're treated best". He has personally started foreign companies, opened offshore bank accounts, and obtained multiple second passports.
He also learned the hard way that perpetual information seeking is often the biggest barrier to getting the results you want. Many entrepreneurs spend months and even years constantly researching how to pay less in tax or live overseas, but are afraid to make the jump.
As a result, they get stuck and keep paying a fortune in taxes and never get the lifestyle they deserve.
Nomad Capitalist's Youtube channel is based on Andrew's vision that focusing on the end result, rather than the latest shiny object, is the best way to actually obtain the benefits of the Nomad Capitalist lifestyle.
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