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Today I’ll tell you a story of my client who says that he got his citizenship by investment for free.
Thinking of what a CBI is worth for you is a good way to start – and today we’ll discuss exactly that. What is an ROI of a citizenship by investment?
My client was an American who paid lots in taxes! He decided to renounce his American citizenship and get St Kitts & Nevis CBI.
For him, financially this made lots of sense! Just the amount he saved on tax that year paid for the citizenship immediately!
If you’re in a situation where you pay lots of tax, and the second passport will give you the opportunity to not pay all this tax – technically you got your citizenship for free! In this case, the cost is not so important, since the ROI is massive!
ROI needs to make sense for your specific situation. Not everyone has tax concerns. Some people are looking for a different lifestyle or optionality.
When looking for a CBI program, and thinking about whether it’s a good investment for you or not you need to think about your current and future situation and compare it to the alternatives.
If you’re paying a huge amount in tax, then a second passport which on average costs you about $150 000 which you pay all at once is definitely a worthwhile investment.
Who are we and what do we do?
We are Offshore Citizen team. We help people become global: get a second passport, set up a second residency, pay less taxes, do banking abroad, etc.
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Author: Michael Rosmer
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