Would you consider getting a Chilean passport? Let us know in the comments below!

@jordanwest1

2 жыл бұрын

Like the 90 day visa free to Vietnam.

@MLK_Sold_Black_america_out

2 жыл бұрын

Even though I am not a 7 or 8 figure entrepreneur I think it's worth exploring. I do have a question about if places like Korea and Japan offer something like this or is that something they haven't explored recently

@williamphillips3557

2 жыл бұрын

Same with L.A. Thorne, but not even with the budgeting freedom of america that is engrained in its citizens, but more for family and easier access, would you have to give up other citizenships?

@Tukn

2 жыл бұрын

Well! I already have one so no need to get that one. It's a pretty good passport

@hectordjibaou4198

2 жыл бұрын

I was looking at Chile recently and while I would say the access this passport provides is attractive, the potential tax implications aren't something I would like to deal with. I may be wrong but didn't Chile sigh on yo the Global Minimin Corp Tax policy recently. If so, than for me it's not in the top 2 options for a non-Carribean South American passport but it does maintain a strong standing. Watching to see how 2022 will move or reduce its ranking.

I am Chilean/Canadian, with both passports. Great to have them as Andrew mentions; but living in either country has drawbacks.

@nR-kv7xo

2 жыл бұрын

Same, CL/CA - here we get super high taxes and not a good service or financial stability for our money whoever says "free healthcare" has not been waiting 1-2 years to see a doctor here. It ain't super good, It's cheaper sometimes to pay out of pocket to be seen. Chile, oh well, armed robberies and unrest and not the safest country to live.

@RamonaHiggs

2 жыл бұрын

What are the drawbacks? I have Canadian n USA

@sgill4833

Жыл бұрын

I'm Canadian, do you think it's better to get Chilean or Uruguay passport?

@skiddyseven8929

9 ай бұрын

uruguay is garbage@@sgill4833

@aas11476ng

4 ай бұрын

@@sgill4833Chilean passport is a bit stronger, and it’s way cooler to live in Chile

Didn't really just elect an openly admitted communist. The votes were by a large margin which means the population wants this type of government. Can you do a video on the potential impact on this new president

@toomanysecrets7121

2 жыл бұрын

It’s crazy after what happened to Venezuela

@nodoubtbb

2 жыл бұрын

@@toomanysecrets7121 Colombia has their election later this year. It will be Interesting to see what happens there.

@chafundiforni0

2 жыл бұрын

the president itself doesn't matter. The real concern is about the parliament, and the new Constitution being made, and the popular culture validating all this. The president can say whatever he wants, but he's not the one pulling the strings. And being a Brazilian, I'm seeing this every single day for 10+ years now

@nodoubtbb

2 жыл бұрын

@@chafundiforni0 thanks, doe that mean there is a chance for free markets in chili and Colombia?

What about the new Socialist/Communist Gov that was elected there? Have you looked the guy's profile, the new President????

@lusca6357

2 жыл бұрын

True, i was about to comment that, Chile has lost a lot of it's freedom in the past 40 years

@del.see.oh.89

2 жыл бұрын

@@lusca6357 They were super free under Pinochet

Chile sounds good. It being so “isolated” has its pros and cons. Beautiful country. I loved it.

I would agree with the Swiss army passport, but I’d say that status isn’t going to last for long! Apart from electing a socialist/communist president. All the policies and way of thinking of the Chilean people is short sighted and stagnant plus freedom here is being more scares from the pandemic as the government has more and more control of what you can and can’t do. Like having your vaccine passport to be able to eat at restaurants or go and do certain events etc and mask mandates everywhere you go. I personally don’t see a bright future for Chile and if eventually Chile goes down the same road as Argentina and eventually Venezuela it will be because of its own peoples fault! But I hope I’m wrong!

Chile is not that fast, that easy, or that cheap. It is on par with obtaining a Portuguese passport via a D7 visa and residency.

I don't have all that hope on Chile anymore. And it's not because of the newly elected president. He's just a reflex of what people want, the culture of the country (like Andrew uses to say all the time here). Chilean people rejected everything good Chile has done in the last decades because the foundations for this were laid down during the times of dictatorship (which does NOT excuse the horrible things done in that period as well). They're about to change the Constitution and put a new one with all the things other South American countries have (which brought them nothing but stagnation). Of course we can ski in the mountains, go to the beach, it's a wonderful country. But looking at the long-term, that ship has already sailed

@waynebruce24893

2 жыл бұрын

Places like Santiago Chile require you to wear masks everywhere including OUTDOORS. That tells you everything thing you need to know about where Chile is headed.

Interesting video and Chile is probably one of the best options in S.Amerika if NOT the best option for European-like society and one that respects private property more. Would be interesting to see a up-to-date video take on Argentina. Switzerland, Croatia and Bosnia would be 3 others of interest

Uruguay has a decent passport & the process is clearly defined for both citizenship & P. R.:) All the best.

@Qasibr

Жыл бұрын

Sounds intriguing. Can I ask - how much time does it take? I was under the impression Chile has a better passport, though I might be wrong.

Doug Casey says the Chilean period of prosperity is coming to an end with the new direction / president. So it's a definite 'no' on anything Chile as of now.

@patricktraichal9287

2 жыл бұрын

@@NigelHyphenJones "yeah…,.but who is he?" This comment says more about your level of knowledge than Mr. Patel's assertion.

Exellent insight.

Great overview!

Explored it about 10 years ago, decided against it for a number of reasons. While one can easily purchase land there, water rights do not automatically come with the property you buy, so that is a BIG Problem. In addition, gas prices are high- similar to Europe- so the most beautiful areas of the country one can't easily be self sufficient due to weather and energy costs. Also, unlike many part of Latin America, there are a lot of really woke people. One can see this with the recent election, many of the younger people are social marxists to boot. Finally, many Chileans are unhappy with their medical care and by South American standards is fairly high.

@s43m

Жыл бұрын

Look into biodiesel and there are ways to make fuel from plastics too. Anything is possible if you put your heart to it.

@mtngrl5859

Жыл бұрын

@@s43m It's all about how strong one's desire is and what they are willing to put up with. Every country has it's own challenges.

My understanding is that while Chile has a relatively short initial stay to obtain permanent residence. That you need to actually live in Chile for the vast majority of the five years leading to eligibility for naturalization already. Are the on the ground requirements as stringent as Canada or the United Kingdom? No, but you need to be living in Chile more than 183 days a year for those first five years and tax resident in Chile throughout the stay which subjects you to their CFC rules as I understand it, so while the early tax breaks are enticing, you will be paying significant taxes in Chile more likely than not, even with proper structuring.

@superl349

Жыл бұрын

We don’t pay that much in taxes, we do have IVA on products which are already included in the price advertised, self employed do taxes just like in America, but we pay less total percentage than USA or Europe, because the amount to public infrastructure that comes from taxes is less, some roads are private and u pay toll a big amount for public education comes from nationalized companies, so if you plan to stay there for a few months but invest there yeah the tax is a lot less than westerners countries and functions very westernized compare to the rest of Latin America.

Thank you.

Im Venezuelan and we are currently hated throughout all of South America at the moment. Will have to pass up on this lol

If you don't mind spending a little longer to obtain your second tier A passport, Hungary (8 years) is a good option in my opinion. If you want to replace your primary citizenship entirely, Singapore (10 years), Andorra (20 years) and Liechtenstein (30 years) are great options with very low taxes overall. All of these countries have lower taxes than the US.

While Chile is really great in terms of its natural beauty and geographic isolation, I would mention the fact that its economic opportunities are underwhelming.

hell im an Australian stranded abroad I will go anywhere ... even Afghanistan is way more appealing

@shiningWiz4rd

2 жыл бұрын

Mexico or Serbia.

@Anonymous-dh2lt

2 жыл бұрын

Albania

@samsam6425

2 жыл бұрын

go to afghan then claim refugee status and come here to NZ lol, youlle have way more freedoms that way lol

@shin-ishikiri-no

2 жыл бұрын

@@samsam6425 NZ is on the same path to totalitarianism as Australia and Canada, no?

@samsam6425

2 жыл бұрын

@@shin-ishikiri-no yeah sure is

Yes well Australia’s gonna be a mess for quite some time so I don’t consider that a downside for the swiss army knife.

@annav4925

2 жыл бұрын

Totalitarian Australia and Canada are last in my list

I suggest Cambodia is a good place to invest for if you own a small business even a restaurant, lic source material is cheap and you have import tax exemptions from Cambodia to UK, and other countries in EU , Vietnamese is now the inport tax free country for EU now though.

@Calendula_3.6

2 жыл бұрын

As far as I know, foreigners cannot own properties there (one has to have a native partner, in whose name the property will be). It does sound weird.

You cannot get better one for lower price than Malta ones

Would be somewhat concerned about the direction its new government will take it.

What do you think of China pushing their e-yuan on Caribbean islands?

I'm surprised that you didn't mention Ecuador. It has most of the advantages of Chilean citizenship plus visa-free access to China.

@1queijocas

Жыл бұрын

Chile is a better place to live, arguably the best country in South America

No on chili. I have no idea on taxation on American assets. Nor on their culture given the new government.

It's true about Chile - the only other Latin country with access to Canada is Mexico

I just received my Dominican Republic birth certificate today. I have been going through the citizenship by descent process since July 2021, or June 2021 if you count the time it took to get my US birth certificate, which was needed for the process. I will soon get the my national ID card and passport. This will give me visa-free access to Russia. I would also like to get citizenship in an EU country and my Dominican citizenship will allow me to apply for Spanish citizenship with two years of residency, instead of the usual 10. Anyone with a citizenship of Ibero-America (including those with Puerto Rican citizenship), Portugal, Andorra, the Philippines, Equatorial Guinea, or France, or if a person is a Sephardi Jew, he or she can apply for Spanish citizenship after two years of living in Spain. If you marry a Spaniard, the residency time required would be reduced to just one year.

@Calendula_3.6

2 жыл бұрын

But you forgot to mention that when one acquires the Spanish citizenship one loses all the others, except for the countries mentioned in your text and Brazil. If you are American or Canadian, for instance, you will have to renounce it. And this is just the setback of acquiring a Spanish passport.

Not in video. Downside to living in Chile. Earthquakes. 😖 Ring of Fire - nation. 🌋 Nazca South American plate. It is up to you if you still want a 2nd passport from Chile 🇨🇱.

@realfrantheman

2 жыл бұрын

Chile is pretty well setup for earthquakes with some pretty strict building codes. We've had over 6.0 earthquakes in the past few years and nothing really happens. Chile doesn't even consider it an earthquake if there's no real damage to anything

Good work man, you didn't mention anything about citizenship by birth I Chile

@Andy-cb6if

2 жыл бұрын

Andrew help with a video 🇨🇱~ thanks

What about Uruguay?

You are my man...🥰 I was the type of person who do not like people thay much rather love nature. Civilization is bull*hit. Thank you again for your advice.

4:23 bingo!

@bobwilliams9061

2 жыл бұрын

double bingo

What are the options for setting up in Chile and time it takes to get Permanent residency?.

@EzraMerr

2 жыл бұрын

Slowly becoming a socialist shithole, are you sure?

@kennethroth6757

2 жыл бұрын

Ecuador, bolivia looks good cheaper real estate

@EzraMerr

2 жыл бұрын

Cambodia (Sihanoukville) , Uruguay, Ecuador, Georgia, Tanzania, and Ghana are now suggestions, many friends of mine started companies (F&B , fried chicken Street shop, Important & Export, Solar panel Export) with just £15,000 ($20,500) at the beginning, now they're all millionaires.

@EzraMerr

2 жыл бұрын

@@monkeyrater Yes and the EU , UK, USA have been socialist shitholes since the 1970s, capitalists love in emerging markets like Tanzania, Cambodia, China, Singapore e.t.c welfare leeches and stupid people stay in countries like the UK; Trust me I'm British the infrastructure is nationalised dogshit even the "Private" corporations in public transport are heavily regulated and taxed.... what's the point of having a fucking £25,000 salary per year working as a doctor when warehouse workers make the same and in the end 80-90% of it goes to high cost living expenses and taxes and rent/Mortgage for shitty small house or apartment with creeky wooden floors looking like poverty, when you can go overseas and those that are skilled or can make success trade businesses can make £50,000 and keep 50-70% of it per year.

@EzraMerr

2 жыл бұрын

@@monkeyrater Sweden has the highest suicide rate BTW, and they aren't socialist they're recovering from a socialist government that destroyed their economy and still has taken 45 years since then to recover from it. Their pensions are privatised, they are still depressed.

Hahaha, yes it’s so difficult to pronounce that CUN_ group of countries; but if you’re successful in the pronunciation, then you’ve simultaneously “classified” them.

I thought it was going to be Grenada.

Andrew! I asked you a while back on one of your videos if you can use 2 different names for 2 different passports in 2 different countries? Is this legal or legit? Not meant to be deceptive or with no bad intentions by any means. Care to dignify me with a response this time?

@HoDLum

2 жыл бұрын

Well, Vanuatu offers the option to change your name while obtaining their citizenship by investment. I have seen reported prices for this from 10 to 25k USD extra

@TJasienski

2 жыл бұрын

There was also such an option when obtaining Cambodian citizenship. It would surely be legal in the countries that allow that, but not certainly in all other countries. Interesting if this could affect the renunciacion process.

@HoDLum

2 жыл бұрын

@@TJasienski I suppose the question here is.. do yo even update country A that you change your name in country B? Another observation: you will probably in a lot of hurt if you ever challenged at the airport for having 2 passports with 2 different names. Good luck explaining that, even if all is legal!

Chile 🇨🇱 interesting not like Philippines 72 languages

For Americans, countries like Panama, Costa Rica, Uruguay, or Colombia might be better

If you take out some of the words from the title, you have the answer

@anakein

2 жыл бұрын

What do you mean?

@anakein

2 жыл бұрын

@@RomilCPatel oh ok. I see. Thanks.

I have dual citizenship. American and Mexican. I have two passports. Any advice on how to capitalize on it??

@sebastiancastillo8512

2 жыл бұрын

Earn in dollars Spend in pesos y ya

@rthua5718

2 жыл бұрын

@Itsme Alex Tijuana is too dangerous and I have a little daughter

@MichaelKentSmith

Жыл бұрын

Like Sebastian Castillo says. I did exactly that -- I started an online business in the US that earns dollars and I live in Mexico and withdraw those dollars as pesos to live on. 20:1 exchange rate is pretty nice. Another possibility: If you ever decide to renounce US citizenship, your Mexican passport will give you something to travel with (except to the US) while you work on getting another passport that would include the US -- assuming you would want to visit.

Doesn't Chile forbid dual citizenship?

@superl349

Жыл бұрын

No, I have dual and my daughter has three

Believe me I lived in canada . Its the most boring country . Yes its big country with amazing landscapes but I get out from Canada with depression disorder .. every body in canada is under microscope . I lived every where in canada even in quebec . There is nothing funny about canada .. but I am sure chile is more energetic country than canada even that I didn't visit Chile but I am sure any place is better than canada .

I’m here for the trump voicing

@chogno98

2 жыл бұрын

And the Bernie Sanders voicing? Amazing

if I were travelling with a Chilean passport, would I carry my US passport with me, or would it look bad to have two different passports with me ?

@ashmoleproductions5407

2 жыл бұрын

Depends are you going to a place where being american can get you shot?

@jeremyleonbarlow

2 жыл бұрын

You can legally travel with two passports, but you must enter and leave border control with the same passport and if you are a citizen, most countries require you to leave and enter your country of citizenship with their passport. I mean if you are on a direct flight from Atlanta to Santiago or Houston or Dallas to Santiago if there ever is such a direct flight you would need to show US passport control your US passport before you got on the plane and you would need to show Chilean passport control your Chilean passport when entering the country.

@stevenroshni1228

Жыл бұрын

Carrying two passports is pretty common .

Bsr

Your Donald T. is getting better and better.

Wow! I had not thought about Chile. Super country. If they can tamp down the Socialismo. It's been 10 to 12 years since I've been there but, that was in the Batchelett (sp?) Piñera era. Batchelett's style of Socialism was pretty tolerable - from an expat's point of view and only a few weejs in country. The new government?

@franzjoseph2809

Жыл бұрын

The opposition has control over the Senate, so the current government has to moderate to pass legislation.

Turkey is better

@1zcott

2 жыл бұрын

@@NigelHyphenJones War zones aren't that bad, makes for exciting living, I speak by years of experience

Much of the success because of the honorable El Generalissimo Augusto Pinochet

@nkhoury1

Жыл бұрын

Tens of thousands of Dead Chileans would disagree about your description of the fascist Pinochet

Imagine going to war with the chileans 😂 Who? Bolivia?