Comments by "Matthew Nirenberg" (@matthewnirenberg) on "This Citizenship Program is Failing" video.

  1. Cyprus won't be much of anything until Turkey get the hell out of there. Turkey invaded and ruined the place, their insistence of it being theirs is why huge areas are permanently locked off, why families can't take their possessions that are in the DMZ as they were forced out over night. I think that the EU should require Turkey to leave Cyprus as a condition of admission to the EU.
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  2. Another plus for Vanuatu - they have their own bank and ANZ bank. If you're from AU or NZ, banking is easy as you only have to have your account moved to their Vanuatu branch after you do CBI.
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  3. They should only cut their price by 33% and abolish the requirement to have x amount in the bank - what's wrong with escrow or having the agent hold the money? The reason I say only by 33% is they are one of the only 0% PIT, 0% CIT countries in the world and they've successfully refused the rest of the world's demands to become a high tax country. No visa free to the EU or UK - boo hoo, it means nothing to anyone who can afford to do CBI. That access was only for tourism purposes - i.e. you couldn't work, invest or attend conferences - you need visas for those things unless you have citizenship to an EU country within Schengen. Everyone keeps acting like visa-free is so important. Literally anyone who can afford to do CBI already has another passport they can travel which is either an EU passport or has visa free for tourism to Europe. Returning to my other point, I understand that they don't take the money up front but their "you must have the donation amount plus x amount in the bank" makes it painful to do their CBI program. Literally every other program lets the agent hold the money or uses escrow and don't care how much you have in the bank beyond the CBI amount. In all seriousness, how many 0% PIT, 0% CIT countries actually exist that aren't run by radical and intolerant regimes... Only Vanuatu and Monaco, Dubai is now high tax... Sure a few other places have 0% PIT but they have CIT. Vanuatu's value is its tax status and its location - if you're from AU, NZ, Singapore, China, etc. and do business in Oceania, its ideal - zero tax, centrally located and a major shipping freight hub. Banking is ANZ or Vanuatu's national bank - if you're already with ANZ you only have to have your account moved to the Vanuatu branch. This is key as banking is the hardest part of any CBI - if you go to the Caribbean, your banking options are very limited as many aren't good or don't permit a lot of foreign transfers/payments. One thing that many people forget about CBI programs - the "west" - CANZUK & CUNA tolerate them but are making life harder as they only want high tax countries to exist so people can't "go where they're treated best" as too many people are leaving the "west". The EU has already declared that ANY CBI passport holder of any nationality known for doing CBI (Chinese, Indian, etc.) will all be required to get visas unless they have other passports that grant them visa-free as the EU claims, like the UK, that CBI was being used to sneak spies in. As for how they know who did CBI - all CBI programs submit information to the "west" as part of their reporting program, verification of the applicants current passports, also, there's a reason your place of birth is listed on all passports - this helps the EU & UK to enforce this restriction. Oh and once ETIAS starts, the EU will require all citizens of CBI countries to apply for Schengen Visas as citizens of CBI countries won't qualify for ETIAS. The only way that citizens of CBI countries can get around such a restriction is by being a citizen of a country that can use ETIAS or by being the citizen of an EU country.
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  4. Absolutely correct. You pick whichever passport you legally have that works best for where you're going. If you're going somewhere where you're a citizen then you have to use that countries passport to enter and exit. If I go to the EU, I have to use my passport from the EU country of which I'm a citizen as its the only valid passport for the EU in such a situation. When I go somewhere else, I look at how long and whether or not visa free is possible - then I go on the passport that gives the best options. For example, pretend that a person had the following passports: * Australia * Italy If that person went to Vanuatu, they'd use their Italian passport as it gives them the better option. Whilst both are visa-free to Vanuatu, the Australian passport only has 30 days whilst the Italian passport has 90 days.
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  5. It may change in the future, but even if it doesn't - get a long term rental or run a business which can be sold when the 75yrs is up, whoever buys it can get a new lease. Whilst annoying for those who want to have their family have one property and live there forever, there are ways around it and it does prevent foreign investors and corporations buying and keeping land off the market whilst never doing anything with it. In Australia, there's huge areas that are literally falling apart because they're owned by foreign companies to make getting visas to Australia easier. No one lives there, no one maintains the areas I'm talking about and they haven't been on the market in 25yrs. This is also seen with apartments and why most apartment buildings are empty except for all but a few tenants.
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