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Rubens Nogueira
Nomad Capitalist
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Comments by "Rubens Nogueira" (@rubensnogueira5838) on "Nomad Capitalist" channel.
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I did. I didn't really believe that and thought the UK had potential. Well, now I can attest the country is in big trouble.
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You are right, guys. Dumb me.
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6:21 ... and then everyone wants to move to Tbilisi.
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"Those who would give up essential liberty to purchase a little temporary safety, deserve neither liberty nor safety." (Benjamin Franklin) I don't mean to be nasty with such quote, which BTW was used in a comment yesterday. In the last 18 months Latin America showed a relative level of freedom, which felt like "insecure" by the rest of the world. Just my impression, I could be totally wrong.
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@Paul-uz8xi that's right. Portugal is in the top 3 on safety, nevertheless my family has been harassed almost every day by drug dealers in Lisbon downtown - during daylight!
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@victording6698 no, it's Spain. Portugal requires 5 years of residence.
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@luoma9040 From the Spanish government website: "Nacionalidad por Residencia: Residir en España de forma legal, continuada e inmediatamente anterior a la solicitud durante los siguientes plazos: (3) 2 años para los nacionales de países iberoamericanos (*incluido Brasil*), Andorra, Filipinas, Guinea Ecuatorial, Portugal o personas de origen sefardí." Clear enough?
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UAE or Qatar, but since I can't stand a "luxury lifestyle" I would rather join the bedouins. If the game rules could be twisted a bit, I would rearrange my investments and live in Switzerland or Brazil, for example, where it's possible to pay no income tax.
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4:03 It could be worse: be born a male baby to a mindless Singapore PR holder and, 20 years later, be arrested on the spot as a draft dodger when doing a simple backpacking trip to Singapore...
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@YonIon996 it shouldn't and it's not. And stop spamming.
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Just keep flagging the scammers
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It's not a tax haven, guys. It's possible to live tax-free there, but only under certain conditions. Great passport to have (Andrew already mentioned it), but not a top place to stay - at least in his opinion, which is arguable, of course.
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Southern hemisphere... someone mentioned Belarus too
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It's important to be first, then
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Absolutely right. Maybe it's not always clear, but Andrew usually talks about a "holistic plan", so quality of life is surely an important aspect.
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@beomc4539 I can hardly give credit to someone who starts a war but, considering how brainwashed we are in the West, I believe you are 100% accurate
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8:41 it can also be a BBQ to which you bring your vegan family - no matter how much you enjoy it, they will feel miserable. If you are confident that a nomad life is good for them, you just drag them. Period.
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Exactly. Nothing changes for me at least. I thought they would end NHR.
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It depends. Open for entry but tricky if you have to leave, as the word about a mutation has been spreaded around the world and the country has entered a red list in many places. Do it at your own peril.
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Amen to that.
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@wouter1602 yes. MYR 150k deposit for singles or MYR 10k monthly salary/pension, if the source on the internet is correct.
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7:10 not really, prices skyrocketed along with the dollar and many locals can't afford red meat or even chicken, for example. But yes, a single person can basically live anywhere in the country with $1k including private health insurance (though not the best ones).
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It's no longer a hotel room, now it's a yacht
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Short answer: the child (abroad) has to get drafted at age 18 in some embassy/consulate and can be freed at age 28. That's the case for those who don't show up in Brazil. In fact, male Brazilians are screened and just a small percentage has to spend 12 months performing any service. Depending on his other citizenships, he could be freed from all the other drafts and have nothing to perform in Brazil - I didn't delve deeper into that possibility, though.
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"Bulls make money, bears make money, pigs get slaughtered." Having said that, I don't have any problem with someone who wants to invest in the US, as long as one manages it well. What hold me back are the high dividend tax (for stocks/REITs) and the estate tax for non-residents.
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You reap what you sow :)
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Someone may correct me, but jus sanguinis seems to be an universal rule and jus soli comes on top of it, if applicable. Some exceptions apart (ex.: a Lebanese mother), the parents will always pass their nationalities to their children; the country of birth may give an extra citizenship regardless of the parents' nationalities.
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UK call option for EU citizens: EU Settlement Scheme. Possibly has a lot of upside
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Congrats! I know that feeling. Sometimes I just stare at my second passport like a jewel.
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Could you elaborate more? Do you see it as a precedence for future seizing? Or expect some form of retaliation?
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There is always a way. I have accounts in 3 different countries by being resident in them at some point in time, even on a low income. As I always say: you don't have to be rich to follow Andrew's concepts.
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I tend to believe that this video is useless. You have nothing to prove to anyone. We have known your services and, mainly, your mindset. If anyone doesn't agree with you, good luck for them. As people use to say in Brazil: "dogs bark but the convoy keeps going forward"
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Nazi Germany?
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Best comment ever
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One detail: if anyone goes to Portugal shortly and, just for fun, gets a NIF, that moment is counted towards the 5-years requirement - that would force that person to apply for the NHR until March next year or miss it entirely. That's what I heard/read somewhere, so check it out before you make that move.
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Not sure, with Nicola Sturgeon you could self-ID as a trans...national person and simply stay. Jokes aside, if your grandfather was born in the UK, you have to check "British citizenship by descent" rules, they are quite complicated if you and your parents were born out of the UK.
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Remittance based taxation for the first 7 years or so, then a lump-sum value afterwards
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@mercedbread9045 they are made to think so
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@patricktraichal9287 spot on, man! That's the main reason why I don't even think about residencies - always aiming at future citizenships instead, because they are harder to be taken away.
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Absolutely! Some things cannot replace age and experience.
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Now that's a great mix! Geographically well diversified. Congrats. I'm on the way to leave something similar to my descendency.
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6:00 so Dubai got worse than Portugal? Well, well, well...
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@mobileandroid5299 if data in Wikipedia is accurate and up-to-date, Singapore is not a tax haven for Portugal... but it is for Italy. So if you would move from Italy to Singapore, yes, you continue to be tax resident in Italy. If you don't unregister yourself, you might continue to be tax resident anyway... And have you heard of CRS? Singapore may find a reason to fine you due to tax evasion in Italy, or whatever.
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@MrDenjok if you have 2 properties in Canada, you can probably make $1000 a month. Andrew did some videos about places where you can live on that income. Take some vacations, choose a place and spend one month there keeping the same consumption habits. You will realize if it's feasible or not.
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@cosmichealth3907 Non Habitual Residence program
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@matthewsongloong9573 and probably has a bit more space, huh?
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Heard of non-dom?
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Now compare all those current options in the UK with: show up with an EU passport, fill up an online application and done, you get 5y residence. Sometimes you have to grab the opportunity while you still have it, in the same way Andrew used to say about Singapore years ago.
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I moved to the UK as an option during Brexit... well, things look very messy, but I will go through it and hope it gets better.
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BTW: for families based abroad it's very easy to lose the British citizenship after a couple of generations. Roughly speaking, parents born abroad must live in the UK with their children for some years in order to pass on the British citizenship. If you think intergenerationally, it sounds "insecure".
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