Citizenship by descent – is it really worth the waiting and all other demands that come with it?
It may be possible for you to qualify for citizenship through your ancestors… but should you?
Andrew breaks down why the process may be harder and more confusing than other options.
Countries like Italy, Ireland, Latvia, Lithuania, Hungary, Greece, Bosnia, and others allow those with ancestors from their country to claim citizenship by descent, but the process can be long and confusing.
When you think about getting a second passport, it’s important to understand the motivation behind that need.
You don’t want to rush into things, and it’s paramount to know what you can and can’t do to get the second citizenship.
When it comes to citizenship by descent, it’s not too hard to qualify, but the amount of bureaucracy is daunting.
This process also requires a lot of time, so don’t expect to get your second passport in a matter of months, because that is highly unlikely to happen.
Here’s a video to watch if you have Irish ancestry:
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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.
Work with Andrew: