The importance of your passport's reputation

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Your passport offers visa-free travel, but it also offers a lot more.

In fact, your passport is one way that border agents, banks, governments, and even companies determine whether they want to work with you… or whether they should be cautious.

The reputation that comes with your country’s passports is important. In some cases, it can be the difference between being welcomed and being rejected.

US passports may be good for travel, but many offshore banks refuse US citizens from opening accounts.

Every passport has its own reputation. How does yours stack up? To learn more, read our Nomad Passport Index.

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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