Discover fast-track options for obtaining tax-friendly second passports! Learn about the advantages of citizenship in the Dominican Republic and Mexico, including residency processes and their tax benefits. Explore the complexities of tax residency in Mexico and the generous tax exemptions for newcomers in Uruguay. Dive into investment opportunities across Latin America and the Caribbean, and understand the vital tax implications of acquiring citizenship in these vibrant regions.
19:17
forum Ask episode
web_stories AI Snips
view_agenda Chapters
auto_awesome Transcript
info_circle Episode notes
volunteer_activism ADVICE
Dominican Republic Second Passport
Consider the Dominican Republic (DR) for a fast, tax-friendly second passport.
It offers a path to citizenship in roughly two years with a $200,000 investment.
insights INSIGHT
DR Territorial Tax Policy
The DR offers a 3-year territorial tax policy upon becoming a tax resident.
Only locally sourced income is taxed; foreign income is tax-free during this period.
volunteer_activism ADVICE
Mexican Residency as a Backup Plan
Explore Mexican residency as a secondary option for a strong passport.
Be mindful of tax residency rules if you plan to live there long-term.
Get the Snipd Podcast app to discover more snips from this episode
Become a Client: Get our free Weekly Rundown newsletter and be the first to hear about breaking news and offers: Join us for the next Nomad Capitalist Live event: In this episode, we reveal eight tax-friendly second passports that investors and entrepreneurs can get in a short amount of time. Mr Henderson reveals fast passports that can be obtained through naturalization and that come with tax advantages. He also covers a group of citizenship by investment programs. 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. Become Our Client: Our Website: About Our Company: Buy Mr. Henderson’s Book: 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.