I haven't set foot in the USA for over ten years but I haven't renounced my US citizenship. And I do have a second citizenship in Panama where I live.
@riptyurass302
4 күн бұрын
To be fair, I don’t know why most people renounce US citizenship and end up with only one citizenship that’s kind of mediocre for travelling. Ideally you want to use US citizenship to overcome the ‘pecking order’ some countries have for naturalizing like Chile or an EU country, get that ‘tier A’ passport then renounce. If you renounce on a Panama passport you’re gonna be hard pressed getting your travel freedom back. But hey, that’s just my take on it. Some people may just want to cut ties with the US immediately.
@josh-ed7je
3 күн бұрын
@@riptyurass302I think most people who do it want to avoid double taxes/ high taxes to US period
@saadiaarslanturk2850
Жыл бұрын
I moved 2 years ago and it was the best career decision I made. I don't mind having apartments in different countries.
@fatnamaach7632
Жыл бұрын
Where did you move to ?
@Useryuic
9 ай бұрын
That’s if you keep this and view US fondly
@Lepewhi
Жыл бұрын
What if you have lived in Europe for almost 20 yrs and have citizenship here. Have no intention of moving back to the US. I'm getting ready to retirement and am tired of filing taxes 2X. What is my reason for keeping US citizenship?
@Soldknight324
Жыл бұрын
Well if you have no need for it and haven't used it in 20 years, I think you answered your own question?
@stellafamos2463
Жыл бұрын
Well, I think now you get your retirement from the US as well, no?
@Lepewhi
Жыл бұрын
@@stellafamos2463 I'm trying to get it started. But, I have to wait until I turn 661/2 to begin.
@dm5853
Жыл бұрын
Stupid you. Combine EU permanent residency with Antigua and you should be fine.
@cacapichi8564
2 ай бұрын
Maybe pass it on to a child that would want in the future to live/work in the US. If not that, I don’t see the point tbh
@wahlman2007
Жыл бұрын
Keep up the outstanding work. You make good points. Much appreciated.
@borchelsijles8064
2 ай бұрын
Good points? Or spinning in a circle? Anyhow, that is good business for him.
@boyar1978
Жыл бұрын
I think the only reason i would keep my US citizenship is because i teach English overseas and many employers require a Passport from a Native English speaking country, I anticipate if i told them I had renounced my US citizenship that I would have difficulties getting work visas. I understand that I would be given a certificate of loss of citizenship from the US government which most likely could be used in such a case. The other reason would be is it can be selling point when dating. I am aware that many women in the countries i live in would marry me simply to have the opportunity to live in a Western country so if I am not a US citizen that is off the board. Thirdly if i were to have children they could study in the USA and have access to Federal financial aid which means I do not have to pay for their college. Fourthly would be the renunciation fee as it is astronomically high. There would be reasons however that I would definitely renounce citizenship. If i am earning my income from passive sources not from the USA than I would renounce so I can pay less in taxes and if the citizenship renunciation certificate is enough to get employment teaching then being a US citizenship is not worth it. I am not leaving the USA for taxation reasons. I am leaving for Political reasons as I do not support what the USA does internationally and I want to distance myself from the USA. I am hoping within the next 5 years to gain citizenship to a foreign country that is between the tropic of Capricorn and tropic of Cancer and be able to fully decouple myself from the US economy which i plan to achieve within 10 years,
@harisadu8998
Жыл бұрын
You're probably not white or you wouldn't ever be worried about this. The US passport is only important for English teaching when you're not white.
@marxxcomics
Жыл бұрын
The only way I would consider renouncing my U.S citizenship is if I had a passport that offered visa-free travel to the U.S. I just watched a lav mic video that was really good, and you're wearing yours EXACTLY correct. Chest-height, right in the middle. Perfect. Which mic are you using? I'm planning on moving to Malaysia in June, taking advantage of their 12-month digital nomad visa. I'm nervous, but also excited - and it's in large part due to your channel. Thank you, Andrew!
@Ia-jh3re
Жыл бұрын
Just move to a country in the EU and after 5 years apply for citizenship there. You then have visa free travel to the US.
@sirzechs3960
Жыл бұрын
Malaysia is a good country to live in. We welcome you 🎉
@riptyurass302
4 күн бұрын
Unfortunately Malaysia would probably never give you citizenship. If you want to work towards renunciation of US citizenship with an ESTA passport, you gotta go to the EU, Australia, NZ or Chile. Most other countries in ESTA don’t naturalize citizens easily. Of course you could also go for Canada, but at that point you might as well just keep US citizenship and live in the states.
@moviedoodz9017
4 ай бұрын
I could just walk across the boarder in Mexico and be in the states .. it's not like its hard to get in anymore
@tmeadowsdegil2014
Жыл бұрын
What color blue is that that you have painted on your walls?? Beautiful!! I love the painting too!!!
@carollee3044
Жыл бұрын
off topic
@JQ_Cali
Жыл бұрын
He can afford that by charging clients twenty five thousand for just a written plan.
@JTland-sea-air
Жыл бұрын
Azure 💙
@tmeadowsdegil2014
Жыл бұрын
@@carollee3044 No it is not off topic because he says he has homes all over and films in them and even comments that he enjoys decorating the different homes!! Why flaunt it if you are not going to talk about it???
@ambassadoroffaith1018
3 ай бұрын
I want to renounced my citizenship too
@crypticnomad
Жыл бұрын
I'm a US veteran who receives disability compensation from the VA. It has "permanent and total" status and has no income or any other kind of reporting requirements. Although I don't have a reason to renounce my US citizenship right now I can easily think of a few reasons I could potentially want to do that in the future and I'm interested in finding out if I would have to give up those benefits with the citizenship. I did a few searches and most veteran specific forums moralize that question and often straight up attack people for even asking. The few times I've seen the question actually get a decent answer the answers given were conflicting and reasonable. For example, one person said a veteran would give up their benefits because the law clearly states that when renouncing citizenship we renounce all rights and privileges but then another answer said that nationality doesn't matter for the VA. There are plenty of people who have served the US military in various ways that were never US citizens and if such a person had been injured while in the line of duty then they are eligible for veterans benefits. The law for defining who is a "veteran" never mentions nationality.
@nomadcapitalist
Жыл бұрын
Thanks for sharing!
@crypticnomad
Жыл бұрын
@@nomadcapitalist it was a question 🤣
@calvinmcdowell8328
9 ай бұрын
@@crypticnomadI hear you brother veteran I am about to retire from my second government job and realize that I can’t renounce my us citizenship because I would loose all military benefits and Medicare it’s a shame that the country is so expensive where one have to live overseas in to make ends meet
@mshmsh9313
4 ай бұрын
I am not from America and I do not know American law, but I studied the law and I believe that if you renounce your citizenship, your support may not continue and you may lose all your privileges. As for non-American fighters, I think you mean informants, collaborators and traitors from countries occupied by America. Of course they receive support because they were not Americans from the beginning.
@alexstraz
7 күн бұрын
You can keep state pension, government pension, but it does not appear that if your pension is from military service that you get to keep it. Prior service retirees are the only ones that are better off keeping their citizenship
@me2ontube
Жыл бұрын
you've never addressed the gun issue - what if I have 322 guns n some of which are family heirlooms worth a lot of money (not to mention the sentimental value that you can't put a price on) - seems America (specific states only) is the only place in the world that respects that position - can you please address that
@JQ_Cali
Жыл бұрын
True, he will not address it because it will hurt his business.
@rivenoak
Жыл бұрын
if you fetish your weapons that much please stay away from rest of the world. nobody wants such irrational behaviour
@JQ_Cali
Жыл бұрын
Just stay away from rabid Euro socialists.
@DS-vx3wf
Жыл бұрын
gun problem and reporting any bank account abroad with more than $10k every year, whether you live in the US or not.
@me2ontube
Жыл бұрын
@Pat Risberg 1 man's trash is another man's treasure - if you have something ... gun, ring, or whatever that's been in the family for 100 years no amount of money is worth losing it - a Glock is a different story
@TheMccluref
Жыл бұрын
I want to retire overseas but I will keep being an American. I like the ease of travel it conveys
@superjfbm
Жыл бұрын
... this is out of topic, but the painting behind you looks wonderful with you in the foreground...
@anonimuso
Жыл бұрын
I would never give up my U.S. citizenship and here's a couple of reasons why: 1) As a child of immigrant parents from a developing country, I can honestly say that my parents coming to America was the best thing they could have done for me. And I want to give my children that same opportunity should they choose to take advantage of it. Even if I am living somewhere else, they automatically get citizenship by birth. No way I'm giving that up. 2) As many problems as the U.S. has, it is still leaps and bounds ahead of other countries in terms of personal freedom. First Amendment rights. No government speech codes and freedom of expression. Second Amendment rights. Religious freedom. Legal freedoms such as the presumption of innocence. By giving up U.S. citizenship, I risk giving up all those rights and more.
@hm-vg5bw
Жыл бұрын
Its better when the kids are born in the US, if your born abroad then there are requirements that you have to meet to further give the citizenship to the kids, and documents have to be provided to prove that you meet the requirements to pass the citizenship over. Just having the citizenship isn't enough to pass to the kids (unless your born in the US) then it will be automatic.
@anonimuso
Жыл бұрын
@@hm-vg5bw Yes, I understand. But it's a minor inconvenience compared to the benefits. Especially if you plan ahead and know what's required.
@me2ontube
Жыл бұрын
I especially like the 1 of guilty until proven innocent - but yes, you're right - I'd much rather be a US citizen than most other places in the world but it's getting worse n worse everyday
@npcknuckles5887
Жыл бұрын
US global taxation is a major drawback :|
@atmosphereoasis9564
Жыл бұрын
So basically you’re an Anchor Baby? And you want to continue the Anchor Baby route for your children, grandchildren and descendants. Gotcha, makes sense🤔
@FUNKYFRESH707
Жыл бұрын
Thanks, it'll nice to see a guide of the most innovative places for the youth to learn, new ways of schooling..
@antonio.7557
Жыл бұрын
there are certain "critical infrastrure" industries where you can't own or run a business unless you are a US citizen. Commercial aircraft operations for example (including drones)
@bobbyallen4555
2 ай бұрын
not true
@BrendanMetcalfe
Жыл бұрын
The earning power makes it worth it
@JK_JK_JK
Жыл бұрын
The simplest reason is I just don't want to pay the fee to renounce...
@vitae4929
Жыл бұрын
it's only a one time fee
@JK_JK_JK
Жыл бұрын
@@vitae4929 It's not worth it.
@rivenoak
Жыл бұрын
@@JK_JK_JK unless your exit tax is horrible it is worth the effort. if exit tax is that high you are the one who whould have renounced much much earlier.
@JK_JK_JK
Жыл бұрын
@@rivenoak That makes no sense.
@rivenoak
Жыл бұрын
@@JK_JK_JK hmm, which part seems odd to you ? exit tax is always calculated at your current wealth, so it is not a bad decision to look after the problem immediately. dont accumulate 7-8 figures over some years and then cry about final obligations; you should and could have left earlier for sure. if it was a lottery jackpot or other sudden windfall what lead to such wealth then it is obvious you cannot move earlier and exit tax is what it is and unavoidable in amount.
@matthewlopez4049
Жыл бұрын
Can a person collect the Social Security benefits they've built up after renouncing citizenship?
@davidglad
Жыл бұрын
My understanding is yes. As Andrew said in some long ago video and a quick google search (SS website top result) appears to confirm. This is assuming money-grubbing politicians don't subsequently change the laws against people who can't possibly vote for them.
@zakatista5246
5 ай бұрын
yes.
@MisterHolaMan
2 ай бұрын
I hate the feds and IRS but I don't have family or friends overseas my life is here
@mryardiedescendant
6 ай бұрын
The biggest “con” (depending on the person) is losing the right to enter and live in the United States. Depending on the country you’re coming from, you will need to obtain appropriate visas or travel authorizations to enter the country for tourism, business, visiting family, etc. which means additional paperwork, time, and visa application fees. Although one has to contend with IRS reporting obligations, I’m not in the tax bracket that I’d necessarily have to worry about owing anything to the U.S (i.e. foreign earned income exclusion). Dual citizenship (which I’ve pursued already) is a better option for me because I can’t afford to completely sever ties with the U.S. Life can be unpredictable, so the decision to renounce or not is highly dependent on one’s circumstances. What may work for me won’t work for the next guy.
@jaws2003
Жыл бұрын
I know my son and family inherented items are the reason I keep my citizenship. I would like to have my tax burden reduced. I need to finish you book Andrew. Almost there with that.
@antoniobrasse7157
Жыл бұрын
It wasn't mentioned but I'll say it, if you're a person of color, don't give up your US citizenship. I can speak from first hand experience how being American has made my travels globally easier and kept me out of trouble.
@Felipe-fn7fp
Жыл бұрын
Only in the west. If you stay out of the west or have a decent 2nd citizenship, doesn’t apply
@JK_JK_JK
Жыл бұрын
All persons have color.
@antoniobrasse7157
Жыл бұрын
@@JK_JK_JK you know what I mean. People not considered "white." In particular countries, both developed and developing, if you are not white and not a US citizen, you could be extraordinarily exposed to discrimination or racism, granted for blacks specifically, any western country is safer from a life or physical perspective than the US is regardless of nationality. For example, in other first world western countries, you don't hear about the death of black men at the hands of police or insane hood activity and gang activity. These things are very US centric.
@Rainy_Day12234
Жыл бұрын
@@antoniobrasse7157 Blacks aren’t treated well in many parts of Europe, South America or Asia.
@micosstar
Жыл бұрын
@@JK_JK_JKawesome; but in a lot of political lenses of countries, how dark that color that skin is matters
@dm5853
Жыл бұрын
Losing your CBI passport is a risk with CBIs. Antigua is the only one that has clear rules in their constitution not to deprieve you of your citizenship in case you are accused of a criminal offence. That this can happen even to the best and most compliant guys as you can see more and more of this happening in western countries. Say something in public against covid measures or something that can be considered as supporting Russia vs Ukraine. Boom here you go. Grenada may be another exception but for sure the other CBIs pose this risk as they handle these matters discretionarily. Also Antigua won't extend your passport unless you are accused for something less then 5 years sentence. But at leaat there you have clear constitutional rights so you can appeal such decisions.
@Backtothecryptoverse
Ай бұрын
Great info
@npcknuckles5887
Жыл бұрын
What about New Hampshire. It's the #1 freest state in the union.
@perrykomick9478
Жыл бұрын
😂 rightttt
@jayvincent8860
Жыл бұрын
Wyoming is more free.
@LoveClassicMusic0205
Жыл бұрын
I would rather go to Florida. In fact, I'm looking into it right now. I'm tired of the cold.
@npcknuckles5887
Жыл бұрын
@@jayvincent8860 Not according to "Freedom In The 50 States" it isn't. Wyoming ranks 26th freest state in the union.
@npcknuckles5887
Жыл бұрын
@@LoveClassicMusic0205 Florida is 2nd freest state, so a legit choice. I'm weird and like the cold though. Can't stand hot temps.
@justiceo1791
Жыл бұрын
If you give it up and change your mind in the future, can you get it back?
@carollee3044
Жыл бұрын
NEVER!
@JQ_Cali
Жыл бұрын
@@carollee3044 True dat
@LoveClassicMusic0205
Жыл бұрын
You can, but not easily. You would be treated like any other potential immigrant from the country of your current citizenship. It would take many years.
@myronbourne6937
Жыл бұрын
Yes
@krastycz1810
Жыл бұрын
I have been living in the Czech Republic for almost 12 years and became a citizen and although I'm 99% sure I won't go back to the US to live and I don't like doing 2 tax returns EVERY YEAR, I simply cannot imagine renouncing US citizenship. There's one youtuber who renounced his US citizenship and he has a St Lucia's passport. I don't get it.
@rivenoak
Жыл бұрын
Andrew is the one with St. Lucia, but he has more citizenships than that afaik what are your reasons to retain then ?
@krastycz1810
Жыл бұрын
@@rivenoak combination of patriotism and practicality/safety. If Russia were to go unhinged and decide to attack the rest of Europe for example, I can go back to the US as I'm a citizen.
@rivenoak
Жыл бұрын
@@krastycz1810 you mentioned you are citizen of CZ ? nope you cannot leave then; this citizenship takes precedence and you are to be ordered to stay and fight...or face martial court. sorry, but US citizenship is not a monopoly "get out of jail free" token
@Ingrid_Abrams
25 күн бұрын
@@rivenoak LOL, I know many US Citizens here in the Czech Republic who gave up their US Citizenship.
@gurjindersingh199
Ай бұрын
Usa is great just follow the rules just like any country.
@RC94332
Жыл бұрын
Another decision would be if you live in proximity to the US and you travel to Europe and Asia or something a lot. You would need a visa to transit the US depending where you are from. I hate flying through the US but to most people who are too cheap and click the cheapest ticket, generally those involve transit via the US…
@jasongold708
Жыл бұрын
A scenario. Let's say you're a star athlete of an individual sport(tennis or golf). You've become "disillusioned" with western civilization. Obviously being a member of said organization(PGA or ATP) most tournaments are contested in the U.S. Going through Malta's exceptional program would grant them access to the U.S. for tournaments via passport. That would be the primary reason for them to enter the U.S. Would it be recommended to keep the citizenship or give it up?
@ramb5193
Жыл бұрын
How about getting citizenship in Grenada, which allows E2 work visa to US
@rivenoak
Жыл бұрын
and then what ? stay for longer and your are taxed in US again ....
@RC94332
Жыл бұрын
What’s the point? Renouncing US citizenship only to get a caribbean citizenship that offers a work visa to the US in which you would pay US TAXES??? 🙄
@Salvatoreluciano.
Жыл бұрын
Why not paying the taxes that the US what’s you to pay abroad??
@scienceandartclub
3 ай бұрын
I don't have a US citzenship because if I apply I might lose my Singaporian one.
@user-ll2ex3uy8f
2 ай бұрын
Good decision. Singapore's citizenship is superior, one of the world's best.
@scienceandartclub
2 ай бұрын
@@user-ll2ex3uy8f It is hard to get. My mom is stuck with Canadian citizenship because she was born there. She has been living there for 8 years now. My dad is from Singapore. I am born in Singapore. I don't want US citizenship because of visas.
@riptyurass302
4 күн бұрын
But if you have Singapore citizenship you have a national service liability?
@scienceandartclub
4 күн бұрын
@@riptyurass302 No. That is only if you are a guy. I am a women.
@LoveClassicMusic0205
Жыл бұрын
Hey Andrew, have you been back to the US since you renounced?
@marxxcomics
Жыл бұрын
@@tamralove And you know this how, exactly?
@jasongold708
Жыл бұрын
He has not returned since renouncing. The closest he's been is Mexico.
@FatherFH
Жыл бұрын
The living things with the best biological success are the ones that can adapt to most environments.
@me2ontube
Жыл бұрын
but doctors only do sex changes not species changes 😁
@FatherFH
Жыл бұрын
@Pat Risberg the less picky you are the better you survive.
@JQ_Cali
Жыл бұрын
@Pat Risberg Critical thinking skills are needed to be HNWI. Need to be smarter than a plant.
@FatherFH
Жыл бұрын
@Pat Risberg yes surviving is positive even if you have to do negative things to do it. Just like Andrew says, go where you are treated best.
@ThaoNguyen-jv4up
7 ай бұрын
when I was younger I was in my ( travel the world blah blah blah phase ) I always paid taxes to USA, age 30 I returned home ( because I started having uncontrollable seizures) now I get ssdi… so I’m not homeless and destitute. ( most countries just let you die in the street or you have to sell lottery tickets)
@roslynballard7090
7 ай бұрын
Yes keep your citizenship,Anerica is not perfect,but its still home
@EarlLayne
4 ай бұрын
Hell no down with the USA
@bobbyallen4555
2 ай бұрын
your home is europe
@ARTTOnline
Жыл бұрын
Why does your face color look so different? did you go heavy on the makeup today or is it a filter? you look super white in this video
@halfrussian
10 ай бұрын
Interesting observation. 😊
@carollee3044
Жыл бұрын
I can see Andrew misses being US citizen.
@hm-vg5bw
Жыл бұрын
Yes, he definitely misses the hundreds of paper work he has to fill out for the IRS every year for his hundred different bank accounts globally he opened for personally testing to help us out.
@Dis_is_fine
Жыл бұрын
@@hm-vg5bw this, taxes are already a pain in the ass for my small business of one person, one country. I can’t imagine the pain the IRS must have been for him while living globally.
@me2ontube
Жыл бұрын
@@hm-vg5bw didn't you see the preview of his video he's posting later today where he's crying like a baby n saying the whole thing was a big mistake
@npcknuckles5887
Жыл бұрын
He can miss the country, not the government.
@hm-vg5bw
Жыл бұрын
@@me2ontube No I didn't. I can't find that video. Where is it?
@heffdvidgd2598
Жыл бұрын
Who else fell Andrew looks like Mao Zedong in the thumbnail?
@bobhmail7161
4 ай бұрын
tool shed
@sainta2667
Жыл бұрын
I think it's kinda hypocrite to make this video when the arguments in the previous video were so compelling
@danamurray735
Жыл бұрын
THANK YOU, Andrew...BUT, No Thanks. Hhmmm 🤔 why? Because if a person has the chance and the opportunity to renounce their U.S. citizenship in favor of an extremely more positive, more tax friendly (St. Kitts & Nevis), and more visa free (Malta) citizenship then by all means...flush that U.S. citizenship down the toilet.
@jasonlynch9407
Жыл бұрын
Is there a state pension in the USA?
@riptyurass302
4 күн бұрын
To be fair, I think 99.9% of us ain’t gonna pay a million bucks and stay in Malta for 1.5 yrs to get a passport.
@animal9370
Жыл бұрын
Tip; Giving away your US Citizenship, (The Best Passport in the History of Humanity) just for a (Tax Dodge) is STUPID. Always bet on America.
@myronbourne6937
Жыл бұрын
Cope
@bobbyallen4555
2 ай бұрын
America has the rightful owners on reservations lol
@jacksats6991
Жыл бұрын
What ? 😂
@rahuliyer7456
Жыл бұрын
My heritage is Asian Indian. I do not want the Indian citizenship or passport...not when I hold a US citizenship and passport already. India does not legally allow dual citizenship. So, I have no interes, unless I get a comparable one from Canada or Europe....not likely.
@maharajamac
2 ай бұрын
You will soon change
@johndoejrjr
Жыл бұрын
If you're black you're definitely sticking it to the man by renouncing. Speak for your own ppl plz.
@zeussinternational
3 ай бұрын
It doesn't worth it.. U.S. lost its financial hegemony... 😐 Sorry
@riptyurass302
4 күн бұрын
And you’re gonna bet by renouncing on a third world country passport? The US has declined in influence, but it’s still for the most part a good passport for travel. If you have some Turkish or Caribbean CBI passport and renounce the US one, you’re gonna have a lot of restrictions on travel, especially if you want to go back to the US for family. But yea, if you got an EU passport or smth it’s probably worth.
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