Best Passports You Can Buy Right Now β–Ά https://youtu.be/nnbNA183K9s πŸ’° Book a Call and Become Our Client β–Ά https://www.wealthyexpat.com/#calendly Join our private mastermind community β–Ά https://www.skool.com/wealthyexpat Have questions or want to check if we can help you? Message Me Directly on Whatsapp β–Ά https://wealthyexpatcall.com/whatsapp Summary of this video: 🌍 Passports to Avoid - Passports from sanction countries or countries with a bad reputation should be avoided due to potential travel restrictions and hassle. - Military service requirement countries like Turkey and Israel can pose problems for children's conscription. - Countries like Costa Rica with no military requirements are favorable options for citizenship. πŸ‡²πŸ‡¦ Citizenship You Can't Renounce - Not being able to renounce Argentina citizenship isn't a major downside, as it's unlikely to result in enforced taxation. - The Argentina passport has a good reputation and may be worth considering. πŸ‡ΊπŸ‡Έ Citizenship Based Taxation - US citizenship comes with worldwide taxation and strict reporting requirements, making it unfavorable for wealthy individuals. - Better passport options are available without the burden of US citizenship. πŸ‡·πŸ‡ΊπŸ‡ΊπŸ‡¦ Enemy of Current Citizenship - Avoid obtaining citizenship from a country that is an enemy or in conflict with your current country, as it can lead to legal issues and trouble. - Dual nationality between conflicting countries can be risky and may lead to imprisonment. DISCLAIMER: This video is not tax and/or financial advice. Any information or advice I give is purely based on my own experience and research. I am not a tax professional and/or lawyer and/or accountant so I am not liable for any steps you take to lower your taxes. I'm not a financial advisor nor do I pretend to be. Always do your own research.