Five Citizenships You Can’t Renounce

In this video, Andrew discusses five countries where you can’t renounce your citizenship as well as countries that make renouncing citizenship difficult.

0:00 Start
1:26 Argentina
2:16 Costa Rica
3:10 Holy See
3:28 Iran
4:27 Morocco
4:40 Other Difficult Countries

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.

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.

[mikepodesta]

Incredible how we think we are free, only to discover we are not. At All.

[antonioaranio]

A country that tries to prevent you from leaving is basically a prison, right?

[dwt]

Smart idea to register your "Go where you're treated best" tagline.

[AriadyPutra]

When a goverment makes certain things "impossible", there will always be a blackmarket economy around it

[luck]

I have troubles renouncing my citizenship of Belarus. Technically it is allowed, but the catch is, one of the required documents for it is the agreement of defence ministry, and they simply don't give it.

[k.l.]

I'm stateless. It's better than potentially being tracked down by the IRS for not knowing something and being extradited despite not even owing money. I was lucky that I had some savings, or I'd never be able to afford renouncing. They really are trying to stop people from leaving. My experience at the embassy was very threatening and uncomfortable. They literally threatened to take my money and then deny me. They even questioned my competency and ability to renounce. Then they debated my reasons for leaving. I shouldn't have to justify myself. But, the hassle was worth it. Going into business with my ex. No insane paperwork for me or potential 10, 000 USD fines for some honest mistake on convoluted tax paperwork. No having to pay money to a country I'll never set foot in again! Not like the taxes ever go to something meaningful to begin with in the states.

[bigman]

I was ready to comment that we have the same situation in Morocco, and baam it’s the last one of the list, this guy’s work is really on point

[emmanueljames]

I would never get a citizenship that I can't renounce. I don't go to a party without at least 10 exit doors.

[ljk.creative]

There is another word commonly used to describe situations where a "human being" cannot leave or has to pay their masters to be allowed to leave... Things are getting more and more ridiculous, and it's scary to observe the almost non-existent push-back against all these stupid ideas.
“Government is the great fiction through which everybody endeavors to live at the expense of everybody else.”, Frédéric Bastiat, 1848

[Slenderman]

Wow. I feel blessed to live in a country that allows me to not only renounce citizenship, but also allows dual citizenship... ironically being able to leave freely makes me want to stay here even more!

[btcm]

Great video as always Andrew, would be interesting if you make a video on stateless citizens and how that would work.

[favioescobar]

Now I understand why Argentine citizenship is so easy to get, it's a deadly trap :/

[dand]

As a Cuban citizen, good luck renouncing that one.

[ComradeInChief]

Hi Andrew, I own a ranch in the USA, and love where I live. But, I am not happy with the direction of my country. I'd love to see a video on the steps Americans can take without renouncing and while living a portion of the year stateside.

[MarianoPoggiParcellier]

Great video Andrew! As an Argentinian, I'm actually very concerned with the way the country and taxation policies are going. If the government decides to have taxation by citizenship (God forbid!), I think the only option would be to sue the Argentinian State in a long process, so they may release your citizenship or allow a carve out from the taxation if you live in other place.

[yunggolem]

I can renounce whatever I want, I'm not a willing slave. The worst they can do is kill me.

[bekkibuenviaje]

“You can check out any time you like, but you can never leave.”

[Mariemoni]

I’ve never heard you talk about brazil, ever. Would you talk about it, please? Anything, I’m curious about your thoughts.

[Abraham_Tsfaye]

There are actually 17 countries which don't allow renouncing citizenship.
Morocco
Argentina
Costa Rica
Dominican Republic
Ecuador
Guatemala
Haiti
Honduras
Mexico
Nicaragua
Niger
Panama
Qatar
Tonga
Uruguay
Vatican (Holy See)
Yemen

[KeleDiabateRoadToTokyo]

France just blocked French residents to leave EU from France.
May be an interesting topic to talk about.