Why should you not get an EU passport?
This question sounds a bit counterintuitive, but give yourself an opportunity to review all aspects of the matter before you jump to conclusions.
A lot of people seem to be wanting to get an EU passport at the moment. But, would that be the best option for people who live the Nomad Capitalist lifestyle?
Getting an EU citizenship seems like the most obvious choice when you’re looking for that perfect second passport, but things aren’t as black and white as they seem.
When you’re looking into the perfect second citizenship, there’s a lot more to consider than just visa-free travel, and Andrew addresses this topic in the video.
If you are willing to be patient, and invest a lot of money and time, deal with hassles, then it is a great opportunity for you.
Watch the video to better understand why getting an EU passport might not be a good idea for people who want to avoid all the waiting around, dealing with a significant amount of bureaucracy and being stuck in one country.
Want more insight? You will like our article on the subject:
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.
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