Nomad Capitalist Audio Experience

6 FREE Second Residence Permits for Opening a Bank Account

18 snips
Apr 22, 2025
Discover how opening a bank account can lead to residence permits in six different countries! This discussion covers unique opportunities in Asia, the Caribbean, and beyond. Learn about strategic banking and investment options that unlock global freedom and asset diversification. Delve into the pros and cons of living in various nations and how your residence choices can align with your financial goals and lifestyle. It's a fascinating way to enhance your wealth and personal freedom!
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INSIGHT

Bank Deposit Unlocks Residency

  • Depositing money in a bank can entitle you to residence permits or even citizenship in some countries.
  • This strategy allows global diversification and residence options without requiring immediate relocation.
ADVICE

Indonesia Bank Deposit Residency

  • Put $129,000 in Indonesian government banks to get a five-year residence permit.
  • You don't need to live there; just keep the funds deposited to maintain residency.
ADVICE

Thailand Investor Visa by Deposit

  • Deposit about $290,000 (10 million baht) in Thai banks for a residence permit.
  • Spend just one day per year in Thailand to renew the permit and enjoy tax-friendly conditions.
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