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Some time ago, we coined the term “paper citizenship” to refer to a second passport that you can get relatively easily without having to spend much (if any) time actually living in the country where you’re trying to obtain citizenship.
The process of using a paper residency to get citizenship is fairly straightforward.
Generally, you must first get a temporary or permanent residence permit in the country. Then, you take that piece of paper, put it in your pocket, and leave the country.
Depending on where you get the second residence, you might have to come back for a day every six months. Maybe you only need to pop in once a year.
In this video, Andrew shares how paper residence works.
000:00 start
0:21 How to Use "Paper Residency" to Get a Second Passport
4:45 Residence Permit in Costa Rica
6:08 Residence in Colombia
7:42 Residence Permit in Portugal
The Nomad Capitalist is the world's most sought-after expert on legal offshore tax strategies, investment immigration, and global citizenship. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best."
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Nomad Capitalist has created and implemented plans for 1000+ clients and helped them to go offshore, keep more of their wealth, and enjoy an unprecedented level of global freedom. Our growing team of researchers, strategies, and implementers add to our ever-growing knowledge base of the best options available. We've built our team around our holistic approach to serving the needs of globally-minded entrepreneurs and investors.
Our growing team of researchers, strategies, and implementers add to our ever-growing knowledge base of the best options available. In addition, we've spent years studying the behavior of hundreds of clients in order to help people get the results they want faster and with less effort.
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DISCLAIMER: The information in this video 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.
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