Latvian #residencybyinvestment in a nutshell:
- Required minimum investment €50k + fees
- 5 year (renewable) Residency
- no minimum stay requirement
- no tax on global income if you don’t reside permanently
- EU country
- PR possible after 5 years (conditions apply)
#PlanB
@phmay_sg@imidaily Completely agree! If one applies logical thinking, it is a no-brainer to get residency in Latvia for a fraction of the amount required in Spain.
@imidaily Maybe I didn’t express myself clear enough. By “securing Schengen access” I obviously meant that in case CBI passport won’t be able to access Schengen Visa free the only way to keep Schengen Visa free would be through a EU Residency. That’s what the article referred to
@phmay_sg She has just fallen victim to a widespread misconception, that it is sufficient to have citizenship or a residence permit in a low-tax jurisdiction and still reside in a high-tax country for most of the year without having to pay taxes. She should fire her consultants.
@BILD Wir schaufeln hunderte Millionen Euro in solche Regionen während unsere Rentner keine Wohnung haben und sich Nahrungsmittel von der Tafel holen müssen. Da sollte man sich in Berlin mal an den Kopf fassen. Absurd!
@phmay_sg@wander_investor I completely agree. Every wealthy German should consider obtaining a second passport, and perhaps also explore residency in another beautiful country. My dream combination would be an Antiguan passport and residency in the Bahamas.
We’re excited to partner with @imidaily‘s #IMIConnect and Asia Outbound over a two conference series that will shape the Global Citizen Week (#GCW) this November 13-16 in Saigon, Vietnam.
Safe the dates!
@ParvizMalakouti Will be interesting. In the EU, zero chance in banks, notary etc., one useless piece of plastic. Here we need a valid “travel document”, which this ID card is not.
Maybe in the US it’s different…
@ParvizMalakouti Austrian passport. I wouldn’t want to deal with Hungarian bureaucracy. Plus, Austria has the better mountains, so it’s a no brainer 🤩
Btw, there are lots of Americans qualifying for German passports to considering how many emigrated to US over the past hundred years only…
Is inheritance of citizenship poised to revolutionize the migration scene? Imagine the possibilities as millions of Americans discover their European roots, opening doors across the Atlantic. The U.S. itself constitutes a colossal player in the narrative!
Anticipate a seismic shift in wealth and high-net-worth individuals migrating to what we currently call 'poor southern nations' over the next 5-10 years. Keep an eye out, especially for Paraguay, Uruguay, and the Caribbean, as they lead the charge.
@BILD Eine Alice Weidel würde Deutschland gut tun. Die anderen Charaktere sind nur heiße Luft.
Frau Weidel wäre eine Top Wirtschaftsministerin, dagegen ist Habeck bestenfalls Regionalliga. Ohne AfD wäre sie schon längst auf hohem Posten.
@BILD Tolle Leute die tolle Arbeit machen 😂😂😂
Das ist ja wie ein Faustschlag ins Gesicht eines jeden Polizisten der sich denen in den Weg stellen muss wenn mal wieder irgendwo die Fetzen fliegen. Klar gibt es immer Ausnahmen, aber die Realität schön reden ist keine Lösung.