How I would Build a Passport Portfolio From Scratch in 2025

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Nov 2, 2025

Discover the intriguing world of passport portfolios and personal sovereignty as the host shares his top three passport choices. He reveals criteria such as culture and livability, and why he opts for Eastern European options over traditional Western ones. Learn about the benefits of investment-oriented passports and the advantages of Latin American citizenship for UK access. Emphasizing the value of being an early mover in emerging jurisdictions, he highlights bespoke planning for optimal passport strategies.

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ANECDOTE

Why He Started Collecting Passports

Andrew Henderson began obtaining multiple passports because he felt the United States was heading the wrong direction and ultimately renounced it.
He enjoys the identities and opportunities multiple citizenships create while traveling and investing globally.

ADVICE

Pick Passports As Long-Term Macro Bets

Build a passport portfolio based on long-term regional macro plays for investability and livability.
Prioritize cultures that welcome foreigners and offer a future you want to join.

ADVICE

Make Eastern Europe Your Core Passport

Use an Eastern European passport as your main one if you enjoy living there and want broad access.
Consider Romania, Bulgaria, Serbia, Georgia, Montenegro or similar for livability and improving visa access.

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If you could only have 3 passports, what would they be and why? Today, Mr Henderson responds to a question raised by an attendee at Nomad Capitalist Live: "If you could only hold three passports, which would you choose?" He shares how he'd build his ideal passport portfolio, explains the reasoning behind each choice, and offers a fresh perspective on what truly matters when building personal sovereignty.

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.

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Disclaimer: Neither Nomad Capitalist LTD nor its affiliates are licensed legal, financial, or tax advisors. All content published on YouTube and other platforms is intended solely for general informational and educational purposes and should not be construed as legal, tax, or financial advice. Nomad Capitalist does not offer or sell legal, financial, or tax advisory services.