1/8: 🏡✈️ Considering homeschooling abroad? It's a challenge, especially from the US. In this thread, we'll explore countries that allow homeschooling and offer great options for families. Let's dive in! 2/8: 🇧🇸 First up, the Bahamas! With liberal rules around homeschooling, you can homeschool as a parent or hire a tutor. 25 hours per week for 36 weeks is the requirement. Field trips and social activities count too!

1/8: 🌐💼 Interested in opening an offshore bank account? 🏦 It's a strategic move for diversifying your assets and financial opportunities. In this thread, I'll guide you through the process and its benefits. #OffshoreBanking 2/8: 📋🔒 The first step in opening an offshore bank account is paperwork. You'll need to fill out forms and provide documents, which may vary from country to country. Research your chosen jurisdiction's specific requirements. #BankingAbroad

1/8: 🏦🌍 Looking for an easy way to secure a European residence permit? You might not need to buy property, start a business, or invest in bonds. In this thread, we'll explore eight European countries where a simple bank deposit can get you a residence permit. 2/8: 🇬🇷 Let's start with Greece. 🏛️ For as low as €400,000 deposited in a Greek bank, you can secure a residence permit. No need to buy property. Greece offers a cost-effective option for those who want to live in Europe without the usual hassles.

1/ In the frenzy of AI advancement, it's vital to address the dark side of AI beyond its benefits.

There's talk of AI triggering dystopia—like infrastructure collapse and new diseases via AI hacking.

Protect yourself from these threats! 🔒 #AI #Dystopia 2/ Your geographical location matters.

Don't be an easy target.

Consider a second home, residence, or passport in a less obvious place.

Be prepared to stay off the radar when AI-related chaos strikes. 🏡✈️

⚰️ ❌ 🇺🇸 For years, Europe and Asia had longer life expectancies than the US, with lower healthcare costs. But now, even unexpected countries are surpassing the US in life expectancy. China, for example, overtook the US by a full year. 🤒 The US has wiped out two and a half decades of life expectancy gains. People are sharing stories of receiving better and cheaper care in Southeast Asia compared to the US. The world is changing, and this has negative implications for US taxpayers.

🚨 Entrepreneurs seeking low-tax countries to maximize profits. Don't limit yourself to 1 country. Consider 3 factors:

1 Move your business to low-tax jurisdiction.

2 Live in a place you ❤️.

3 Secure a 2nd citizenship for flexibility.

This thread shares 4 case studies 🔽 🇮🇹 Case Study 1: Entrepreneur in Milan. Opted for Italy's lump sum tax, paying €100k/year for tax advantages. Set up offshore company in UAE's free zone, paying 0% tax. Italian tax incentives in case of business decline. Balancing living, business, and future citizenship.

📚5 main ways to get citizenship:

1️⃣Economic Citizenship 💸 – a monetary investment or donation to the country can earn you your new citizenship in a relatively short amount of time. 2️⃣Naturalization 🗓️ – It’s the most common method by which you establish residency in a country, spend time there for a certain period of years, pay your dues, and become a citizen. For example, Canadian citizens who naturalize in the US may keep their Canadian citizenship.

🇰🇾 The Cayman Islands has always been popular with high net-worth individuals, and for a good reason.

🟢No income tax
🟢No capital gains tax
🟢No corporation tax
🧵⬇️ 🇰🇾The Cayman Islands offers many advantages:

🟢World-Class Lifestyle
🟢Tax-Friendliness
🟢 Ease of access (with two airports)
🟢British Overseas Territory Status
🧵⬇️

🇱🇹Get a second residency in Europe by starting a business in Lithuania:

Two ways:
1️⃣ Start-up Visa
Pay 0% in taxes for the 1st year and bring your family with you.

2️⃣Business Visa
Pay an annual 15% tax rate, unless you are offered a reduced rate as a micro-company.
🧵 1️⃣ Start-up Visa
Your startup must be in the fields of biotechnology, nanotechnology, information technology, mechatronics, electronics, or laser technologies. Own at least part of the company and have enough financial resources to meet your business goals for the first year.

These 8 countries offer #citizenship to individuals who contribute💵 to the economy by making an initial #investment or donation.
What can Citizenship by Investment give you?
- Diversification
- Freedom of Travel
- New Business Opportunities
- Ability to Renounce US Citizenship 🇲🇹#Malta Citizenship by Naturalisation for Exceptional Services by Direct Investment process
Malta is a member of the #EU 🇪🇺
Minimum Investment: €600,000
Time to grant citizenship: from 18 Months to 3 Years
Visa-Free Access to 170 Countries
nomadcapitalist.com/global-citizen…

What do 🇨🇴Colombia, 🇬🇷Greece, and 🇬🇧the United Kingdom have in common?
They’re 3 of 9 countries with low taxes you’d never expect.
Let’s help you go where you’re treated best: nomadcapitalist.com/finance/10-cou….
#lowtax #taxfree #WealthManagement 🇬🇧In the #UK, if your taxable income is over £150,000, you’ll have to pay 45% income tax.

But your foreign-sourced income may be tax-exempt if you are a non-domiciled resident in the UK. You will have remittance of paying taxes during the first 15 years (soon will be 5)

🇪🇺 Time’s Running Out For Europe’s Golden Visas ⌛
HNWIs looking to invest and reside in Europe need to act FAST!
Worrying news from Portugal means Golden Visa applications will become much harder in 2023. Portugal’s PM António Costa recently let slip that his government is looking to scrap the country’s successful Golden Visa program.
If true, expect a dramatic flood of applicants, resulting in major backlogs and even more red tape.

Something tells us everyone in #Canada will want and need a second citizenship. This will allow you travel and enter other countries to live, even if #Trudeau won't renew your passport as he suggested is possible.

Here's a thread on how to become a dual citizen: 🧵 ✅ Citizenship by Descent. This is practically free to those who have a parent, grandparent, or even great grandparent from another country. From Slovakia to Spain, Ireland to Italy, Trinidad to Turkey, you can apply and get a great passport in a few years without moving.