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Are Multiple Passports Only for the Rich?

Become a Client: https://nomadcapitalist.com/apply/ Get our free Weekly Rundown newsletter and be the first to hear about breaking news and offers: https://nomadcapitalist.com/email Join us for the next Nomad Capitalist Live event: https://nomadcapitalist.com/live/ In this interview, we’ll uncover the realities of obtaining second citizenship, from expensive investment programs to more accessible routes like ancestry-based citizenship. Join us as we break down the costs, benefits, and opportunities available to people from various financial backgrounds, and find out how you can navigate the world of international residency. 00:00 Start 00:53 Options for Americans 03:02 Americans and U.S. Tax Obligations 03:50 Difference Between Residency and Citizenship 04:14 Why Americans Need a Second Passport 05:49 Citizenship by Descent 08:05 Citizenship by Investment 08:55 Paper Residency Nomad Capitalist helps clients "go where you're treated best". We are the world's most sought-after firm for offshore tax planning, dual citizenship, and international diversification and asset protection. We use legal and ethical strategies and work exclusively with seven- and eight-figure entrepreneurs and investors. We create and execute holistic, multi-jurisdictional Plans that help clients keep more of their wealth, increase their personal freedom, and protect their families and wealth against threats in their home country. No other firm offers clients access to more potential options to relocate to, bank in, or become a citizen of. Because we do not focus only on one or a handful of countries, we can offer unbiased advice where others can't. Become Our Client: https://nomadcapitalist.com/apply/ Our Website: http://www.nomadcapitalist.com/ About Our Company: https://nomadcapitalist.com/about/ Buy Mr. Henderson’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.