The Secret Way To Get Citizenship No One Talks About | Summary and Q&A

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February 15, 2024
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Wealthy Expat
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The Secret Way To Get Citizenship No One Talks About

TL;DR

You can obtain citizenship in a shorter time frame by starting a substantial business, investing millions of dollars, and hiring local employees in countries like Latin America and Eastern Europe.

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Key Insights

  • 👨‍đŸ’ŧ Starting a substantial business, bringing in millions of dollars, and hiring local employees can be a shortcut to obtaining citizenship in certain countries.
  • 🇩🇴 Latin American countries like the Dominican Republic and Argentina, as well as Eastern European countries like Serbia and Montenegro, are open to this citizenship acquisition strategy.
  • đŸ‘¯ Citizenship can be obtained in countries like Mexico through investments, property ownership, and hiring local indigenous people.
  • 🇰🇷 Asian countries like South Korea and Japan are less likely to grant citizenship through this method, making Latin America and Eastern Europe more viable options.
  • 🍧 Having a passport from a more favorable country can increase the chances of success in acquiring citizenship through this method.
  • đŸĻģ Contributing to the local economy by building schools, hospitals, or other infrastructure projects can also aid in obtaining citizenship.
  • đŸĨ° Local regulations and language requirements may vary, requiring additional effort, translations, and working with local managers or HR personnel.
  • đŸ‡ĒđŸ‡ē The European Union, the US, the UK, and Canada are tightening regulations to restrict citizenship by investment programs.

Transcript

I recently met up with a client here in Bali Indonesia we were talking about different citizenship by investment citizenship by descent and other ways to get a second citizenship a second passport maybe a third fourth citizenship but what if you don't want to go through the official routes of citizenship by investment or the country that you want t... Read More

Questions & Answers

Q: Is it possible to obtain citizenship through means other than citizenship by investment?

Yes, by starting a substantial business, investing millions of dollars, and hiring local employees, you can obtain citizenship in certain countries.

Q: Can this strategy be applied globally?

No, this strategy is not feasible in countries like Germany, Switzerland, and Japan. However, it can work in Latin American, Eastern European, and some African countries.

Q: Do I need to be a billionaire to use this method?

No, while billionaires like Peter Thal may be able to expedite the process, even multi-millionaires can invest in starting a business, hiring employees, and obtaining citizenship.

Q: Are African passports viable for this strategy?

Despite African passports not being as highly regarded, countries like Kenya and Botswana can still offer citizenship through significant investments and business ventures.

Summary & Key Takeaways

  • Obtaining citizenship through official routes or citizenship by investment can be time-consuming and restricted, but there is an alternative method.

  • By creating a substantial business, investing millions of dollars, and hiring local employees, you can obtain citizenship in countries like Latin America and Eastern Europe.

  • This strategy allows you to bypass the lengthy process of traditional citizenship acquisition and get a passport in a matter of weeks or months.

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