Is it only a matter of time before your US passport becomes worthless?
Andrew is talking about interesting things that recently happened, that could possibly affect the value of the US passport.
After releasing our Passport Index, people were upset, as US passport is not even in the top 20.
So what made the US lower than a couple of European countries?
It’s not just small arguments that the US has with other countries (like Brazil).
Recently, the European Parliament has voted to end visa-free travel for Americans within the EU.
The passing of the non-binding vote comes after the US failed to agree visa-free travel for citizens of five EU countries: Poland, Cyprus, Bulgaria, Romania & Croatia – as part of a reciprocity agreement.
The vote urges the revocation of the scheme within two months, meaning Americans will have to apply for extra documents for 12 months after the European Commission implements this act.
Would this really happen? Andrew thinks not yet, but time – when you should be aware that second passport might be more important than you think – is here.
What is world’s most underrated passport? Watch this video to find out:
Subscribe to our channel and 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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