Why it took me SO LONG to get a second passport. Is getting a second passport hard? How long does it take? Can anyone do it?
If you’ve ever considered getting a second residency or a second passport - you’ve probably had these questions on your mind.
In this video Andrew gives you an insight into the process and more importantly, he shares useful information on some of the mistakes he made while ‘planting flags’.
Andrew has been researching possible citizenship programs and creating his Flag Theory for the past 10 years.
It wasn’t all smooth at the beginning. Andrew shares a story about how he got a second passport and why it took so long to get the first one.
He talks about some of the mistakes he made along the way. You can use his advice, avoid the mistakes and learn from his experience.
This will make your process of obtaining second citizenship more smooth.
Citizenship options Andrew considered at first:
#1 0:39 Norway
#2 0:51 Ireland
In the meantime, he realized these programs may not work.
Then he realized: Why would someone even need to live in a certain place in order to get a passport?
That is how the Flag Theory became the most logical next step.
What Is a Flag theory?
Flag Theory is the idea that you must “go where you’re treated best”.
The basis is simple: follow a process called “planting flags” around the world to diversify your affairs. Each country in which you base one part of your life is called a “flag”.
By implementing Flag theory, Andrew managed to not only get a second passport - but get one from a place he actually likes very much.
Hear explanations about each of the mistake and why they could make your process of obtaining second citizenship very long.
To read all about the process of finding the best second passport, read this article:
Stay tuned for more videos and information about second passports, offshore strategy, reducing your taxes and going where you're treated best.
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/
Our Facebook: https://www.facebook.com/nomadcapitalist/
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