The REAL cost of buying a passport with economic citizenship
Автор: Nomad Capitalist
Загружено: 2018-03-22
Просмотров: 2969
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Do you want to know the total cost of economic citizenship and fees that come with it?
We talk a lot about citizenship by investment programs on our channel, but the question of their total cost, not just their sticker price, arises often.
The truth is that people are often surprised by additional costs that come with acquiring second citizenship, but these are all necessary fees that you should take into consideration.
Andrew speaks from years of experience of obtaining second passports and he lists all the costs you should know of.
1:45 Processing Fee
2:16 Due diligence fees
2:49 Legal Fees
3:47 Miscellaneous fees
4:48 Extra payment to the government (the Caribbean Islands)
Now, it's important to know what you get with paying each of these fees, as you don't want to end up doing someone else's job.
This is usually the scenario with the stacks of paperwork you need to fill out, which is often the "most painful" part of the equation in these circumstances.
All the costs listed out in this video should be a contributing factor when you're choosing economic citizenship program for you, so do your research and keep them in mind!
When you're in need of professional assistance, Nomad Capitalist is at your disposal!
Follow our channel for more videos on Nomad Capitalist lifestyle topics we've got a lot of interesting material coming up!
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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.
About Andrew: http://www.nomadcapitalist.com/about/
Our website: http://www.nomadcapitalist.com
Our blog: http://www.nomadcapitalist.com/blog/
Work with Andrew: http://www.holanomad.com/
Facebook: / nomadcapitalist
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