Where to Live with Caribbean Citizenship

Рет қаралды 42,880

Күн бұрын

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All over the world, people look for places where they can enjoy the perks of life after they retire. It’s actually one of the reasons why immigration has increased over the past few years.
If you are looking for a peaceful place to settle, then the Caribbean is a suitable place for you.
The Caribbean Islands are known for their peaceful and beautiful demeanor. They are all a bunch of aesthetically appealing islands with crystal blue sea, clear skies, and fresh air. It is the perfect break to take from life.
The perfect escape anyone could look for. You can make these islands your permanent home or retirement destination and have it just the way you want it to be. The Caribbean has a series of islands to choose from.
Apart from this, getting visas for many countries is free. For instance, if you get Dominica citizenship by investment, you can travel to 146 countries without a visa. Traveling around can be extremely fun.
You can execute all the travel plans which you have had over the years. With a Caribbean passport, you can move around the Schengen countries without a visa, open your own business in the USA or Great Britain, register a company and assets with a second passport, and open currency accounts in foreign banks.
00:00 Start
0:18 St Lucia Citizenship By Investment
1:58 Living in the Dominican Republic
5:03 Golden Visa
6:12 Living in the Caribbean
7:55 Living in Mexico
8:29 Living in Panama
9:16 Real Estate Overseas
9:52 Living in Australia
Andrew Henderson and the Nomad Capitalist team are the world's most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best".
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Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle.
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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.

Пікірлер: 95

@Offon_A_Boondoggle Жыл бұрын

I live outside the US 10-11 months a year on fixed SSI; less expensive than trying to “retire” in the US! In many of the countries I visit I live extremely well; equal or better than the US. I obviously earn way less than $1M+ a year but follow Andrew for practical advice that is valid for everyone in many cases.

@prepperjonpnw6482 Жыл бұрын

That’s what I would like to do. Can you give me any advice please?

@dragasan Жыл бұрын

@@prepperjonpnw6482 You may want to buy a home in a country that looks good to you, but it's not the time to buy yet. If you can pay cash or pay it off quickly, you'll be way ahead of the game. I'm currently in Serbia looking around. The prices here are still amazingly low.

@Imhim247 Жыл бұрын

You able to live on SSI in other country?

@Imhim247 Жыл бұрын

@@dragasan How it's going for you in Serbia? The man made a comment on live on fixed SSI. I wonder you can do that in Serbia?

@fillername458 Жыл бұрын

@@dragasan Macedonia also. I do love Belgrade though.

@389293912 Жыл бұрын

People always think their limited view of the world is how the world works. It's probably the biggest reason people make bad decisions: thinking you know everything about a situation.

@duprosezzllc223 Жыл бұрын

You are so right!!!

@antsimm1022 Жыл бұрын

Right, I've been to D.R. several times. Never had an situation where I felt unsafe. May even by a second home there. Here in the U.S., I just had an incident where someone tried to break in my car, home was burglarized once. Gun culture, civil unrest and crime are rampant everywhere.

@jeremywright5036 Жыл бұрын

It's not what you don't know that hurts you. It's what you know absolutely that just ain't so.

@dankerchum Жыл бұрын

@@antsimm1022 the DR is great. I live here part time and it’s very comfortable. But they’re talking about Dominica, they just got confused.

@jeffreyhughes8185 Жыл бұрын

Is anyone going to talk about how good the interior design is in Andrew's house? 10/10

@TheScribeScribe Жыл бұрын

That's not his house. He's a businessman that helps high profile clients get out of taxation and oppressive countries. He's not dumb enough to broadcast from his actual home.

@rogerphillips7270 Жыл бұрын

You might want to discuss how he Caricom agreement works in terms of freedom of movement

@mike6572693 Жыл бұрын

Andrew looks like a young Truman Capote with the hat.

@jeremybarlow2291 Жыл бұрын

It is not just wealthy Americans who have decided the juice is not worth the squeeze here. Plenty of Americans from every socioeconomic class, racial, and ethnic background are moving to Latin America, Southeast, South, and Southwest Asia, Africa, and Europe because the cost of living, access to healthcare, and lifestyle in general is more amenable to a comfortable life than life in the US because the cost of living and healthcare are more affordable elsewhere. Dollar for dollar the US is punching well below it's weight these days and thanks to the Internet Americans have figured that fact out.

@ninobk196 Жыл бұрын

Precisely. It is precisely because many of us are not wealthy that we decide to move. That's our biggest reason. It's just not affordable for us to retire in the US.

@HughJass-jv2lt Жыл бұрын

❤❤

@kwacou4279 Жыл бұрын

Having a Caribbean(English and Dutch) passport allows you to live in any member state of CARICOM. Not just the countries you mentioned but, from the Bahamas down to Trinidad (which also includes Guyana & Suriname). I'm from Jamaica. There are some minor restrictions.

@Lucas-sy3iu Жыл бұрын

Nice!! what kinda minor restrictions are these?

@blyat7276 4 ай бұрын

I thought st lucians can't stay in bahamas for longer than 3 months without a visa

@rosegold.sunset4749 16 күн бұрын

He never mentions this - I never understood why. The Caribbean Union is so underrated.

@larrylaudig5197 Жыл бұрын

I love the tourist look of your hat and tropical shirt!

@GleeSmee Жыл бұрын

Dual US/Irish citizenship is a bit more diversified than you might imagine. My impression is that Irish citizens have more of a chance to beat extradition to the US than say, UK citizens, with the UKs lopsided extradition treaty with the US. (I'm dual US/UK and have never felt very well diversified. Not that I expect ever to be the subject of an extradition request. But you never know!)

@craigmartinj Жыл бұрын

Love the picture of you in the hat. Reminds me of the Rodney Dangerfield line in Caddyshack "I'll bet if you buy this hat you get a free bowl of soup".

@wangleeeeeee9432 Жыл бұрын

I like this episode

@nooralansare358 Жыл бұрын

I think it would be a nice addition to your video series if you make a vedio about investment in British overseas territories like Cayman Islands, British Virgin Islands, Montserrat,.. etc. to get British citizenship

@maxwelltreasure5027 Жыл бұрын

Also talk about please the pros & cons of Caribbean Islands like mostly unmentioned “Barbados”

@alvinedyvane3612 Жыл бұрын

@@maxwelltreasure5027 I am a UK citizen currently living in Barbados and I am trying to assess what is the best structure for living versus tax efficiency. There has to be a better structure than the UK one I am currently being strangled by?

@dorino9057 Жыл бұрын

@@alvinedyvane3612 Cyman Islands is tax free

@ammarabdullah4962 Жыл бұрын

Hi Could you present the future of Caribbean country

@Imhim247 Жыл бұрын

Nice thumbnail, Andrew😊

@nomadcapitalist Жыл бұрын

Thank you😊

@Imhim247 Жыл бұрын

@@nomadcapitalist Anytime!😃

@NettechZelkova Жыл бұрын

The Dominican Republic does has a Residency by investment and fast track to Citizenship in 6 months program. I live in the Dominican Republic.

@bodyloverz30 Жыл бұрын

Yet, Andrew never discusses it in any detail.

@SF-nm3yb Жыл бұрын

You've been able to receive a citizenship in only 6 months?

@NettechZelkova Жыл бұрын

@@SF-nm3yb The Dominican Republic Migration website. The Government has cracked down on lawyers overcharging people so they created a website to spell out the process in both English and Spanish. Lawyers were charging people outrageous prices. Now you don't even need a lawyer. The Dominican Republic tells you what documents you need, how much everything costs ( it's cheap)and you can even get assistance from your local Dominican Consulate. They decided to make the process straight forward so it's hard to mess up. The two fast tracks are investment or marriage. You get residency and have to hold residency for a minimum of 6 months and then you apply for naturalization.

@nooralansare358 Жыл бұрын

@@NettechZelkova how much does the Dominican Republic citizenship by investment cost? And after staying in Dominican Republic for continuous 6 months in a row I would have the right to get Dominican Republic passport??

@NettechZelkova Жыл бұрын

@@nooralansare358 The government has the requirement that you purchase a property or start a business with more than $200,000 USD

@lsotolongo7745 Жыл бұрын

I make a little more than $100k and thanks to your videos and following your tips I have 3 residencies (one European) and I’m currently expanding my business thanks to that.

@isamgabi Жыл бұрын

Hi, I live in Qatar where is the nearest st Lucia Embassy to renew the passport...... thanks

@fredcarrter Жыл бұрын

What happens if you get Mexican residency as a US citizen, get Caribbean citizenship then renounce US citizenship? Will you then need a visa or different citizenship to get into Mexico

@dannyc7659 Жыл бұрын

What do you think about panama?

@alvinedyvane3612 Жыл бұрын

So I am wondering where residency should be based if I am currently a UK Citizen and have UK businesses and earnings, but have invested in Barbados and live there for over 9 months a year?

@jeremybarlow2291 Жыл бұрын

As to why a Canadian would move to Australia? I mean Andrew it's obvious. The weather. Yes summer in the part of Canada where most Canadians live isn't generally oppressively hot nor too cold, but the winters are a lot worse than Australia, for a very similar tax regime, and very similar society overall. Maybe the Aussies aren't quite as polite, but sunshine and warm weather are more in abundance in Australia than Canada.

@mariobroselli3642 3 ай бұрын

Still pretty said that there aren't any cheap carribean islands near Australia. 😢

@jeremybarlow2291 3 ай бұрын

@@mariobroselli3642 I mean that is the role Indonesia & the Philippines fill for Australia.

@mariobroselli3642 3 ай бұрын

What about the Dutch islands?

@InstantLuc Жыл бұрын

So many people have such uninformed POV's about residence, citizenship and migration as a whole. I'm Canadian and I live in the Philippines. Not really complicated?

@HS-PGA Жыл бұрын

Where would the least asset confiscation risk ?

@AG-yv7jo Жыл бұрын

I would love for you to do a video on the Caribbean nations that are free per government injections, testing, quarantines etcetera. This is all about freedom and healthy living ie wealth, so it would be great!

@Mario-re2qp Жыл бұрын

same here, and given the censorship of youtube/google that information is surprisingly difficult to get

@joaovilafranca4523 6 ай бұрын

do you got any more information on this ? cant find anything

@ericeverson5956 Жыл бұрын

I can't believe Bernie Ecclestone would do such at thing, I'm shocked:)

@antoniobrasse7157 Жыл бұрын

A lot of very wealthy crypto folks I know have went to Antigua/Barbuda. Which Caribbean island is the best?

@paulforbes1217 Жыл бұрын

Always interesting videos. However, one should be aware of the ethnic and cultural tensions in these countries. For ex, there are strident racial tensions and resentment in St Lucia and other islands. Caveat emptor.

@dgourdine50 Жыл бұрын

That is because of foreigners treating locals as “The Help”

@Mario-re2qp Жыл бұрын

white women have a very high chance of getting rap3d in those islands if they travel alone

@LoveClassicMusic0205 Жыл бұрын

Andrew, you said that St. Lucia has a 9 fold increase in applicants. That's an astounding figure. I'm almost complete with obtaining Dominica citizenship. At this point I'm approved and just waiting for the passport to arrive. I'm a single applicant and have been waiting 5 months since starting the process. I'm wondering if you know whether Dominica has seen a similarly large increase in applicants this year versus previous years.

@lunatremolsaries8027 Жыл бұрын

There you can buy 95 % of everything include law and politician and bussines, only has your eyes and brain in alert all time even the best country to live if you have enough money 💰 and has body guards with you that you can trust in them, luck 🍀

@nooralansare358 Жыл бұрын

I think yes

@nooralansare358 Жыл бұрын

Why did China not allow citizens of the Commonwealth of Dominica to enter without a visa to Chinese mainland ?

@ahmedslytherin6860 Жыл бұрын

@@nooralansare358 Dominican citizens have visa free access to China 🇨🇳!

@nooralansare358 Жыл бұрын

@@ahmedslytherin6860 actually NO , because Chinese authorities have not yet decided the period of visa free access for dominica citizens. You can check Wikipedia and passport index.

@paulpollitt1731 Жыл бұрын

Ok but l have asked this question before: what countries will be least affected when, not if, (IMO) the USA spirals down into chaos and dysfunction? If you have a passport or permanent residence in a country that follows the US down the tubes… you see my point? Also, what happens to your permanent visas when, not if (IMO) the US passport becomes toxic?

@jeremybarlow2291 Жыл бұрын

You get a citizenship other than the US as fast as possible. You get residence in yet another country or two. If possible you get a third passport. As the military says, 2 is 1 and 1 is none. Then you ditch US citizenship. That takes care of the later concern. As for place likely to be unaffected ASEAN counties & Africa will have little impact from the US implosion. Latin America south of Mexico will largely be unaffected, but no country will escape with zero impact. Just some are less likely to see major impacts. Africa is probably the least effected area. Eastern Africa like Tanzania, Seychelles & Mauritius seem unlikely to experience major impacts. Ecuador and Paraguay in Latin America seem least likely to be effected, although Ecuador has more exposure with a dollarized economy than Paraguay. Just my take, but look at trading partners & what they are trading this is telling.

@tavia__8147 Жыл бұрын

I am from the Caribbean- St Lucia , St kitts and Nevis , Antigua. 👍🏾 CBI great choices

@adrianbaron4994 Жыл бұрын

Dont forget Grenada.

@MyLatinLife Жыл бұрын

The goal is to be a tax resident of a country where you are not a citizen

@nooralansare358 Жыл бұрын

Why did China not allow citizens of the Commonwealth of Dominica to enter without a visa to Chinese mainland ?

@greeneryfinancial Жыл бұрын

Dominica didn't acknowledge Taiwan as independent, while other carribean countries (like saint lucia, my choice) specifically acknowledged Taiwan as independent, and thus get taiwan visa-free, but not mainland china.

@missamandaloo116 Жыл бұрын

Not just Dominica. China restricts many countries too.

@TSBye-qo1vc Жыл бұрын

When people don't know the difference between Dominica and Dominican Republic. 🤦‍♂️

@Daniel_RG 3 ай бұрын

Well, 500 years ago Christopher Columbus ran out of ideas and here you have it. In any case, both countries use EXACTLY the same demonym (Dominican) so you can't really blame foreigners for the confusion.

@bootmender Жыл бұрын

If you don’t want to talk about this I will understand. First off I am a straight Christian. But several of the Eastern Caribbean island countries are anti-Gay in fact some it is illegal to be openly Gay. I remember back 40+ years ago going to Jordan before going to Israel because I didn’t want to have the Israeli stamp on my passport while in Jordan. In 1984 I went into China by way of Hong Kong and was escorted back to the border because I had Christian tracks in Mandarin. If you are a Christian in China you do it underground. Then when I went to South Korea I was question about the Chinese stamp on my passport. Later in the late 90’s I flew to Cancun on my US passport then with my French passport I flew to Havana Cuba for a few days. So when I came back into the US no one was the wiser.

@GaneshPatil-wv4vo 11 ай бұрын

11:00

@marianjavierjimenez1996 Жыл бұрын

My life is my and here doesnt accept my rights

@gk9417 Жыл бұрын

I’m a Canadian and Where can you life outside of Canada and the USA the political garbage that is happening here is crazy Time to bale out ✌️👍🇨🇦 Let’s go Trudeau Let’s go Brandon 👎

@gk9417 Жыл бұрын

Thanks I took down your number and will ask a couple questions ✌️🇨🇦🙏

@Pilipinasenvrac Жыл бұрын

A place call île de la torture- tortuga island , I think it is in Haiti. So beautiful cheap and safe from the issues facing that country

@jdp0359 Жыл бұрын

Sorry a lot of this doesn't ad up. If you live in the US and making money in the US then how will you save money if you move to St Lucia? You can't move to St Lucia and continue to make an income in the US and expect to lower your taxes. Any income made in the US will still be taxed at US rates. If you want to lower your taxes you will have to move and also make your income outside the US. I would love to hear from others who know more than me on this subject because Andrew is obviously ducking this very important part!

@dankerchum Жыл бұрын

This isn't accurate, there is a difference between "earned income" in the USA and income earned from US customers as a foreign company. Plenty of companies and individuals operate from outside of America and sell to the American market. If you have a job in the US, that's a different story. But that's not his target audience, business owners who are able to operate internationally are the target audience.

@jdp0359 Жыл бұрын

@@dankerchum So you're saying your corporate tax is less as a Foreign Business doing business in America than as an American Business doing business in America?

@AquariumRuss Жыл бұрын

@@jdp0359 1. If you, as an American, ordered a certain product (for example, a boat project) from an Indian designer, then the income received by the designer from this transaction is taxed by the government of India. The US budget will get nothing from this deal. 2. if you are registered with a broker as a "tax resident" of the USA, the broker will deduct 30% of income tax from dividends of shares of American companies, but if you are registered with the same broker as a "resident of Russia", then he will deduct only 13% from the same income.

@johng4093 10 ай бұрын

If you're retired it could make sense. Move your assets to countries with strong banking (not St L). St Lucia citizenship is just to get zero taxation on foreign source income. You can still receive Soc Sec as well even if no longer US citizen. And he's not saying you have to move to St Lucia, that's not a requirement and plenty of other places will accept you as temp or permanent resident.