When seeking a second citizenship for financial, lifestyle, or simply insurance reasons, many Nomad Capitalists confuse having citizenship and wanting to live in a country.
The truth is, while having a second passport portfolio of various countries is most helpful, you don’t necessarily need to explore your second citizenship country.
“I need to go there” is a justification often given by people we work with before agreeing to accept a certain citizenship, not understanding that citizenship can be used as a tool that doesn’t require you to love the country.
We understand that emotional needs play a role of internationalization, but your first backup citizenship will likely be more pragmatic than emotional if your goals are the tax reduction, lifestyle improvement, wealth creation, and asset protection we talk about.
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ABOUT NOMAD CAPITALIST
Andrew Henderson is the world’s most sought-after consultant on legal offshore tax reduction, investment immigration, and global citizenship. He works exclusively with six- and seven-figure entrepreneurs and investors who want to “go where they’re treated best”.
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Andrew has spent the last 11 years studying and personally implementing the Nomad Capitalist lifestyle, and has started offshore companies, opened offshore bank accounts, obtained multiple second passports, and purchased real estate in a total of 20 countries.
He has also spent years creating a behavior-based system that helps people get the results they want faster and with less resistance. Andrew believes that everyone can use offshore strategies to keep more of their own money, live a life of freedom, and grow their wealth faster.
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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.
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