Malta's Citizenship Program has come to an end, prompting a discussion about the future of European citizenship options. The conversation dives into various paths to obtain a second passport, from investment to naturalization. Listeners are urged to consider their motivations and the merits of different countries like Greece, Portugal, and Hungary. The urgency of securing residency and citizenship in Europe is emphasized, as opportunities may change rapidly. Exploring these alternatives could be crucial for those balancing freedom and security.
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volunteer_activism ADVICE
Assess Your Europe Citizenship Goals
Consider if Europe is your plan A or plan B before investing in citizenship.
Think about whether you want citizenship for real benefits or just for prestige.
insights INSIGHT
Malta Naturalization Is Lengthy
Malta's citizenship by naturalization officially takes 5 years but practically may take 18 years.
Fast-track investor programs exist elsewhere but require multimillion-euro investments and political favor.
insights INSIGHT
Golden Visa Landscape Shifts
European countries are closing or limiting golden visa programs.
Greece and Portugal still offer golden visas but with caveats on investment and citizenship likelihood.
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The EU Courts have put an end to Malta's Citizenship Program, which was one of the most surefire ways for wealthy people to gain a European Passport. Does this signal that Europe might no longer be a desirable place to be? Or does it mean we should look for other options? Mr. Henderson talks through the different European options that remain available to you. As well as discussing if Europe should be your plan A or your plan B?
Nomad Capitalist helps clients "go where you're treated best." We are the world's most sought-after firm for offshore tax planning, dual citizenship, international diversification, and asset protection. We use legal and ethical strategies and work exclusively with seven- and eight-figure entrepreneurs and investors.
We create and execute holistic, multi-jurisdictional Plans that help clients keep more of their wealth, increase their personal freedom, and protect their families and wealth against threats in their home country.
No other firm offers clients access to more potential options to relocate to, bank in, or become a citizen of. Because we do not focus only on one or a handful of countries, we can offer unbiased advice where others can't.
DISCLAIMER: The information in this episode 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.