First Class Citizen
@Thefirstclass_C
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Pay 0% Taxes Legally | Stack Residencies | Collect Multiple Passports.
Dubai, UAE 🇦🇪
Joined February 2024
Don't wanna be here?
Send us removal request.
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Pinned Tweet
🇦🇲 Armenia Permanent Residency 🇦🇲
It's official. It takes 1 visit and 90 mins in the country (or 100% remotely). It lasts 5 years and leads to an Armenian passport in 3.
🤔 Why you'd do it
✅ The upsides
⬇️ The downsides
🥇 The future of it (an asset)
Time for a thread 🧵
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Countries that had the least/no restrictions during Covid-19 Pandemic:
- Uruguay 🇺🇾
- Nicaragua 🇳🇮
- Mexico 🇲🇽
- Sweden 🇸🇪
- USA 🇺🇸 (certain states)
- Belarus 🇧🇾
Countries with the most ridiculous restrictions:
- Canada 🇨🇦
- Australia 🇦🇺
- China 🇨🇳
Keep this in mind...
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@bneeditor
And oftentimes, they pay for the same Russian gas anyway, just repackaged as Gas from the Middle East. 🤡
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Better than Bali? 🇮🇩🤔
Emerald Coast in Nicaragua 🇳🇮!
🟢No taxes on income outside of Nicaragua
🟢Non-CRS countries
🟢 Jus sol (your baby born here gets instant citizenship)
🟢 Great tropical climate
🟢 Only US$600 of income required to live there
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@wander_investor
Europe is a lot poorer than many would think.
USA 🇺🇸 has much better mechanisms to access capital.
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The First Class Citizen encourages their followers to prepare for opportunities.
Not all opportunities stay up forever. ⬇️
They closed down:
- Comoros 🇰🇲 CBI
- Nauru 🇳🇷 CBI
- Cyprus 🇨🇾 CBI
- Montenegro 🇲🇪 CBI
Increased prices for:
- Panama 🇵🇦 friendly nations visa / PR used
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The simplest 0% tax residency for all non-US citizens who make money online.
🇵🇾🇵🇾🇵🇾
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Peru 🇵🇪- an underrated gem 💎?
- Amazing food
- Diverse climate
- Fabulous landscape
- Easy residency: $1000/mo income requirement
- Citizenship in 2 years
Would you consider moving to 🇵🇪🤔
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Settlement super combo
EU 🇪🇺 / EFTA 🇨🇭🇳🇴🇮🇸🇱🇮
Mercosur passport (🇺🇾🇵🇾🇧🇷🇦🇷
Access to: 29 Schengen countries & 9 Mercosur countries
Population: 726mio
Land area: 16mio sq km
Time to get a EU passport by descent 1-2 years.
Time to get a Mercosur passport: 1-5 years
Work on both
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Saudi 🇸🇦 Premium Residency Visa is an interesting concept.
- USD 213,000 investment for PR for life, no minimum stay required.
- USD 26,000 flat fee per year for TR.
(Among other options)
No income and inheritance tax!
Would you consider living in Saudi Arabia? 🤔
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@WealthyExpat
In the end, all can be seized.
But you can protect yourself *best* if you diversify in different jurisdictions.
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Georgia 🇬🇪 is the only country in the world that offers a tourist visa for 360 days per year for many European 🇪🇺 & North American 🇺🇸 🇨🇦 citizens
Moderate climate, great food, lovely people and affordable lifestyle.
Would you consider living in Georgia? 🤔
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For that price you can get an apartment in Mar Del Plata, Argentina 🇦🇷
+ Argentinian citizenship after 2 years of living in there 😉
Holy ***t. I just got a quote to replace our HVAC unit, ductwork and everything, on a 2,000 sq/ft house, for $45,000.
No joke. The guys that quoted know I have a building co (subs mainly do new construction), are a reputable company but quoting normal equipment (nothing super
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The countries in red deny their citizens the possibility of 2nd citizenship.
While it's hard to enforce it, if they find out, you can lose the citizenship. Beware of what you are doing.
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Your passport is a commodity.
If you only have one, the reputation and policies of any government determine, where you can and can not move.
The same person could be traveling to many or a few places depending on what document you hold.
What price does freedom have to you? 🤔
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The largest tax-free countries in the world are:
🇦🇪 UAE (10mio)
🇴🇲 Oman (4.5mio)
🇰🇼 Kuwait (4.2mio)
🇶🇦 Qatar (2.6mio)
All strategically well-placed countries. Best airline networks in the world and high quality of life.
Would you consider living there? 🤔
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You don't *need* 5 citizenships.
This is over the top for most and rarely gives much benefit.
Focus on:
- Your ancestry line 🇪🇺
- Naturalization by residence 🇦🇷🇵🇾🇺🇾
In 2 different settlement blocs.
If you're an HNWI: Go for ancestry lines + citizenship-by-investment. 🇦🇬🇲🇹🇹🇷
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Did you know that you can apply for South Africa 🇿🇦 PR instantly with no investment required?
You only need to demonstrate a net worth of USD 640,000 to be approved and pay the processing fee of around USD 640.
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Can you live in Europe and pay low taxes?
Europe is known for their high taxes but there are locations where you can live with low taxes.
However, this is not suitable/recommended for people with an annual income less than USD 1,000,000.
Lump sum
Italy 🇮🇹 - Flat tax of EUR
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>Earn $2000 in sky money via US LLC
> Move to Paraguay 🇵🇾 or Nicaragua 🇳🇮
> Legally pay 0% tax on foreign earned income
> Enjoy tropical/subtropical weather 🌴
> Steaks 🥩
Anon, it‘s time to enjoy life and become a First Class Citizen.
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You have lost all your citizenships!
Choose your starter ̶P̶o̶k̶e̶m̶o̶n̶ citizenship & develop a strategy. 🤔
- Cap Verde 🇨🇻
- Vanuatu 🇻🇺
- Dominican Republic 🇩🇴
- Bolivia 🇧🇴
cc
@BowTiedGlobe
@imidaily
@miquelgirones1
@yaminfouzi
@wander_investor
@MyLatinLife
@TheJerzWay
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First Class Citizens have assets and skills that give them privileges others do not have:
- Access to the US financial system
- 2nd citizenships
- Multiple driver's licenses
- Multiple banking jurisdictions.
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How long does it take to get citizenship in Latin America? 🌴
Fastest (2 years):
Argentina 🇦🇷
Peru 🇵🇪
Dominican Republic 🇩🇴
Slowest:
Venezuela 🇻🇪 (10 years)
Costa Rica 🇨🇷 (7 years)
If you give birth to a child the circumstances as a parent can change:
Argentina 🇦🇷 (Immediate
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The First Class Citizen understands that commuting is ruining their health.
Health tips to optimize your health:
- Work remotely 👩🏻💻
- Move to a country like Paraguay 🇵🇾 & pay 0% taxes
- Lift waits daily 🏋️♂️
- Get sun ☀️
- Eat fresh fruits from local market 🥭
What else? 🤔
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Passports that can be easily claimed by genetic lottery:
🇮🇹🇩🇪🇵🇱🇭🇺
Passports that require 3 years or less of residency
🇦🇷🇵🇪🇩🇴🇧🇴🇭🇳🇵🇾
Passports you can get within <6 months by investments
🇦🇬🇩🇲🇬🇩🇰🇳🇱🇨🇻🇺🇹🇷
Bookmark for future reference 🔖
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If you're a German 🇩🇪, French 🇫🇷, or Spain 🇪🇸 taxpayer who:
- Works remotely
- Earns more than € 100,000 / year
You can still save up to € 65,000 in taxes this year by making an investment for less than 1/3 of that.
So by next year, you could buy this in Mar del Plata 🇦🇷
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First Class Citizen recommendation order 💵
If you earn <$10k/mo:
Focus on living in a low cost-place.
If you earn between $10k-100k/mo:
Focus on lowering your taxes.
If you earn >$100k/mo:
Focus on getting more citizenships.
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Lowest hanging fruits to live tax free if you earn money remotely and don‘t live in any other country for more than 183 days:
UAE 🇦🇪
Cyprus 🇨🇾
Paraguay 🇵🇾
Nicaragua 🇳🇮
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Normal taxation tiers:
0% A tier (Best) 🇦🇪🇶🇦🇦🇬🇰🇳
0%-10% B tier (Very good) 🇲🇪🇺🇾🇧🇬🇬🇹
10-20% C (Acceptable under certain circumstances) 🇨🇭
20-35% D (Bad) 🇺🇸
35%+ E (Very Bad)🇫🇷
50%+ F (Communist Insanity) 🇩🇪🇨🇦🇧🇪🇸🇪
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Avoid pride month here and live the First Class Citizen lifestyle:
- Qatar 🇶🇦
- UAE 🇦🇪
- Malaysia 🇲🇾
- Saudi Arabia 🇸🇦
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Lowest corporate tax rate in the EU 🇪🇺
- Hungary 🇭🇺 (9%)
- Bulgaria 🇧🇬 (10%)
- Cyprus 🇨🇾 & Ireland 🇮🇪(12.5%)
Non-EU
Andorra 🇦🇩 (10%)
Switzerland 🇨🇭 (10.6%) (Canton Zug)
Montenegro 🇲🇪 (9-15%)
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Oceania has actually quite some things to offer:
- Cook Islands 🇨🇰 trusts
- Marshall Islands 🇲🇭 offshore companies
- Vanuatu 🇻🇺 CBI
- Palau 🇵🇼 E-residency
- Samoa 🇼🇸 CBI
Don't sleep on Oceania.
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First Class Citizens plan their legacy with trusts.
We recommend:
- Nevis Trust 🇰🇳
- Cook Islands Trusts 🇨🇰
For maximum privacy, security, and anonymity.
Bookmark for future reference...
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The First Class Citizen lives in a jurisdiction without inheritance tax.
Give your offspring 100% of your hard-earned money not just after taxed one.
I hate all Taxes
But the one I hate the most is inheritance Tax
Your Parents worked their whole lives being Taxed to end up "owning something" only for you to have to pay Tax again on what they already paid Tax on
It is obvious they never want you to be free
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First Class Citizen geo-arbitrage tip:
If you earn less than USD 5k go to:
- Paraguay 🇵🇾
- Uruguay 🇺🇾
- Argentina 🇦🇷
- Mexico 🇲🇽
- Thailand 🇹🇭
- Malaysia 🇲🇾
- Indonesia 🇮🇩
With the first 4 options, you can get citizenship after 2-5 years + keep more money.
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The classic tax free lifestyle combo in the Americas:
Paraguay 🇵🇾 + US-LLC 🇺🇸
or
Nicaragua 🇳🇮 + US-LLC 🇺🇸
Both territorial tax countries + pass-through entity.
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Where you get most sunshine hours in most of Latin America.
What do you notice? 🤔
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"I want to live tax-free but I don't want to live outside my home country for more than 6 months. 🤔" 🇺🇸🇨🇦🇪🇺🇬🇧🇦🇺
We understand, that sometimes you really don't want to leave your home country, what do you do in that case to lower taxes? And how can you still go offshore? 🧵
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PLACES TO GET A BASE:
1. Asunción, Paraguay 🇵🇾
+ 0% taxes (territorial)
+ High Freedom
+ Spanish (useful to learn)
+ Safe in case of WW3
+ Path to Citizenship
+ High-quality food and air
+ Unlimited water
+ Non-CRS banking (more anonymous)
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@AmazingZoltan
People forget that the head of state in Canada is still the King of England.
Canada 🇨🇦 is not really an independent country from the UK 🇬🇧 if you think about it.
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What is the minimum stay for 0% tax residency 🤔
30 days
- Antigua & Barbuda 🇦🇬 (flat tax $ 20k/y)
- Cayman Islands 🇰🇾 (if you have a home)
60 days
- Cyprus 🇨🇾
- St. Kitts & Nevis 🇰🇳
90 days
- Bahamas 🇧🇸
- UAE 🇦🇪
⚠️Remember that this is only one part of the equation.
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I'm retiring with USD 1 million.
What are some good options? Where can I live well on USD 2000 per month? (with rent or property + CoL)
- Argentina 🇦🇷
- Guatemala 🇬🇹
- Mexico 🇲🇽
- Malaysia 🇲🇾
- Thailand 🇹🇭
- Türkiye 🇹🇷
- Portugal 🇵🇹
Which one would you prefer the most? 🤔
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The millionaire migration patterns in the last 10 years show a consistent pattern:
Winners:
- USA 🇺🇸
- UAE 🇦🇪
- Switzerland 🇨🇭
- Australia 🇦🇺
- Singapore 🇸🇬
Losers:
- China 🇨🇳
- Russia 🇷🇺
- Turkey 🇹🇷
- UK 🇬🇧
- Brazil 🇧🇷
What do you notice? 🤔
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The most affordable combo for First Class Citizens is:
- Paraguay 🇵🇾 tax residency
- US-LLC 🇺🇸 or UK 🇬🇧 LLP for business
After you have made money and secured tax residency, move forward from there.
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@stats_feed
China 🇨🇳 has thrived under trade exchange with capitalist nations. It's communist in name and heavily regulated but not actual communist state.
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Good morning from tax-free Vanuatu 🇻🇺
You can get this passport in less than 3 months and live in paradise tax-free.
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Latin America:
- Citizenship
- Dating scene
- Variety
Southeast Asia:
- Convenience
- Affordable luxury
- Safety
Both:
- Family friendly
- Taxes (depends where)
Latin America is the best region to be at every stage of life.
- Young & Single? Latin America by far.
- Family & Kids? LatAm arguably better than Europe.
- Retirement? LatAm arguably better than Europe.
(North America wins in zero categories.)
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The perfect country doesn‘t exist but you can build your life with elements from the best.
- US-Credit cards 🇺🇸
- Tax-free residencies 🇵🇾 🇧🇸 🇦🇪
- Swiss franc savings accounts 🇨🇭
- EU 🇪🇺 passport
- Cook Islands trust 🇨🇰
What would be your combo? 🤔
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The Secret combo 🤫
- 🇰🇾 Caribbean banking
- 🇲🇭 Marshall Islands IBC
- 🇨🇰 Cook Island Trust
- 🇦🇬 Antigua & Barbuda Passport
0% taxes
0 reporting
100% privacy
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In Uruguay 🇺🇾 you can apply for the „Independent means visa“ and get a tax break either:
- 0% tax for 11 years and then standard rate of 12% or
- 7% tax forever
Which one would you choose? 🤔
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One underrated region of Africa, is the southern provinces of Morocco 🇲🇦
It's entirely tax-free for businesses if they conduct business within the boundaries. (It is illegal to set up a company in the south and operate in the north).
Dakhla is an upcoming place to invest.
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Who actually believes this nonsense?
10 year old kids?
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Saudi Premium Residency 🇸🇦 may be underrated.
- No personal income taxes
- Lifetime permanent residency possible
- Modern country
- If you are highly skilled, you can apply without financial requirements
- Family friendly environment
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Marshall Islands 🇲🇭 Offshore incorporation:
- No reporting
- No taxes
- No accounting
- USD currency
Underrated option for First Class Citizens? 🤔
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Having a European passport while living in a tax-friendly jurisdiction is a superpower:
- No citizenship-based tax liability
- Great reputation
- Welcome in most countries of the world
- Live, work & retire in any of the EU countries
What else?
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Southeast Asia 🇮🇩🇹🇭🇲🇾🇵🇭🇸🇬🇰🇭🇻🇳🇧🇳🇲🇲🇱🇦
✅ Is best for:
- Convenience
- Affordable luxury
- Tropical climate
- Focused work
🚫It is not best for:
- Citizenship
- Tax optimization
With some exceptions of course.
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What countries are Non-CRS in Latin America?
- Dominican Republic 🇩🇴
- Nicaragua 🇳🇮
- Honduras 🇭🇳
- El Salvador 🇸🇻
- Paraguay 🇵🇾
Which one did I miss? 🤔
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Panama‘s 🇵🇦 financial infrastructure is still unbeaten in Latin America
- US-Dollar economy
- No capital restrictions
- Crypto friendly options
- Well connected
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What is the Cyprus 🇨🇾non-dom tax?
You can become a non-domicile tax resident in Cyprus with after 60 days of staying in the sunny paradise per year and not more than 183 days in any other country.
No taxes on income, capital gains, and more.
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People always ask:
„Where is the next Singapore? 🇸🇬 „
Hint:
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The fastest citizenship by investment remains Vanuatu 🇻🇺 - Fastest processing time for an application can be as low as 1 month.
If you can't wait for a plan B longer than 3 months, this may be your option to go.
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✈️ Benefits of private jet charters for First Class Citizens:
- No need to go to big airports, choose smaller more direct airports
- No check-in desk
- Speedy immigration
- Speedy security
- Choose your own schedule
- Choose your own food
What else? 🤔
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Not much talked about 0% tax residencies in the Middle East:
- Oman 🇴🇲
- Qatar 🇶🇦
- Bahrain 🇧🇭
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Paraguay 🇵🇾 residency + US-LLC 🇺🇸 combo is best suited for tax-free Europeans 🇪🇺 roaming around the world.
Keep in mind to never spend more than 183 days in Europe per year to actually benefit.
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It won't last forever but if you:
✅ Work remotely
✅ Consider living in LatAm
✅ Want to reduce taxes to 0%
Try the US-LLC 🇺🇸 + Paraguay 🇵🇾 combo.
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Oh Canada 🇨🇦🤦🏻♂️
Move your investments outside.
Or better yet, move OUT of Trudeau‘s madness in Canada.
BREAKING:
#Canada
increases capital gains tax to 66%!
Governments are out of control. Prepare yourself.
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Canadians 🇨🇦 - A good visualisation how many days of your year you work for the government.
What is left now is spent on rent and food PM Trudeau helped to inflate…
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Thailand 🇹🇭 changed its taxation policy which could become costly if you stay long term there.
Digital Nomads beware, even with the newly introduced visa, avoid staying 183 days or more.
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@MyLatinLife
And possibly becoming the next citizenship-based taxed country. Time to to work on a 2nd citizenship right now. Your future self will thank you. The clock is ticking for Australian 🇦🇺citizens...
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@latinhaven
Paraguay 🇵🇾 is good for its tax residency but certainly not the best to get citizenship from.
Much better options in Uruguay 🇺🇾, Argentina 🇦🇷 or even Brazil 🇧🇷 if you specifically seek Mercosur passport.
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First Class Citizens should use the resources they are given:
Global Entry = Faster entry into the USA 🇺🇸
APEC =Additional, Faster and longer entry into Asia-Pacific-American countries
Case study APEC:
Mexican 🇲🇽 travelers are additionally granted visa-free entry to:
-
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Are African passports worth to get? 🤔
The best ones are Seychelles 🇸🇨 and Mauritius 🇲🇺 in terms of visa free travel and reputation.
With certain investments and presence requirements you can obtain one. (Or benefit from lower taxes)
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There are functional & better working societies than most western „First World Countries“ with:
- No income tax
- No capital gains tax
- No wealth tax
- No property tax
- No inheritance tax
Examples:
🇦🇬 🇦🇪 🇧🇸 🇰🇳 🇶🇦
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Tips for First Class Citizens💡
- Keep multiple apostilled birth certificates ready at all times
- Keep multiple apostilled copies of passport or IDs ready
- Keep multiple apostilled marriage certificates ready
Upload copies in different cloud storages for future references
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These are sign of unstable times.
Do you need more reminders why you need a 2nd passport?
Don‘t let any one government take you hostage.
⬇️⬇️
🇺🇸 United States House of Representatives passes bill to automatically register men aged 18-26 for military draft.
Failure to register is classified as a felony.
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This interview is a testimony that El Salvador 🇸🇻 has strong leadership with a vision for the country.
As President
@nayibbukele
has mentioned, construction is booming in the country, a strong indicator of capital flow. El Salvador is a certified First Class Citizen destination!
President Nayib Bukele saved El Salvador. He may have the blueprint for saving the world.
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Also noteworthy:
Tourist visa never lead to residency.
Very few digital nomad visas lead to residency.
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‼️Another insane proposal from Dystopian Canada 🇨🇦
They will say that "it's only them paying their fair share for being Canadians".
🕰️ Clock is ticking, the best moment to get additional citizenship & relocate was yesterday. The 2nd best time is NOW.
🇨🇦 Canada proposes a $25,000 penalty plus a 2x exit tax to citizens who leave the country
I've been warning you: modern feudalism is coming to Western countries
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Passport privilege is an unfair reality.
You either won the lottery at birth or you didn't.
Our IM advisor
@yaminfouzi
received 2 very different passports at birth through ancestry. 🇨🇭🇲🇦
How would he navigate to a First Class Citizen Lifestyle if he only had 🇲🇦? 🧵
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Italy 🇮🇹 Lump sum makes sense if your annual income exceeds USD 1 million.
You pay a lump sum of USD 100,000 per year no matter how much you earn.
Your effective tax rate would be with each income level:
10% with 1 mio
1% with 10 mio
<1% with anything above 10 mio
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You may relocate…
- For tax savings
- For better women
- For better education
- For better lifestyle
- For less wokeness
- For better banking
etc.
There‘s no one-size-fits-it all that‘s why we analyse your situation first.
Why would you relocate? 🤔
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The First Class Citizen 🥇
- Has 3-4 citizenships
- Established a tax residency in a <10% tax or territorial country
- Flies Business & First Class with points, not cash
- Has USD, GBP, EUR & CHF in different banks around the world.
What else? 🤔
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Hungary 🇭🇺 Golden Visa will start its first phase in July 2024.
✅ Low taxes
✅ Valid Residency card to travel in all of Schengen
✅ Path to Permanent residency and citizenship
The First Class Citizen works with local Hungarian lawyers so that you can pre-register now!
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About 14%-17% of the US 🇺🇸 population can trace their ancestry back to Germany 🇩🇪
Germany allows the claim of citizenship for 3 or more generations. One of the world's best passports, don't sleep on your
#PlanB
Your chances are best if you're from the states below⤵️
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Tips for our Muslim followers: Hajj 2024 is going to conclude soon, many Muslim countries have waitlists for their Muslim citizens to go on pilgrimage. (30 years in Indonesia! 🇮🇩)
With a 2nd citizenship, you can register from a non-muslim country and skip the waitlist. 🇦🇷🇵🇪🇺🇾
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🇵🇾 ❤️ We have similar stories: One of our clients came solely for tax purposes.
Stayed in the end because he really enjoyed the country & lifestyle. He lives there full time.
We do a lot of 🇵🇾 Paraguay tax residencies…
But more and more we are receiving clients that are choosing to stay, to live, to invest in Paraguay
And I understand why.
For some of you Paraguay is exactly what you are looking for.
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Citizens of the following countries should be especially cautious when planning their international tax strategy:
🇺🇸 US citizens
🇮🇹 Italian citizens
🇪🇸 Spanish citizens
🇨🇦 Canadian citizens
🇦🇺 Australian ciitzens
These countries will go above and beyond to claim your money.
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Generational rulings for citizenship by descent in Europe 🇪🇺
You may be eligible for a "free" 2nd citizenship if you have ancestry in some of these countries.
Graph by
@imidaily
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First Class Citizen Life in Asuncion, Paraguay 🇵🇾
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Norway 🇳🇴 didn't learn from the lessons of HNWI migration patterns.
The recent wealth tax increase in Norway was expected to bring an additional $146M in yearly tax revenue
Instead, an estimated $54B-worth of ultra-rich left the country, leading to a lost $594M in yearly wealth tax revenue
A net decrease of $448M+
(sources and calculations ↓)
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The First Class Citizen lifestyle includes the experience to see other traditions and religions around the world and how they celebrate.
🇲🇾🇹🇷🇦🇪🇲🇦
#EidMubarak
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Is Turkish 🇹🇷 citizenship useless? 🤔
We often cringe when we hear how the Turkish passport is essentially „useless“ as an investment citizenship. Here are some reasons why it isn’t 🧵👇🏽
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Great comprehensive review on the lesser known Armenian 🇦🇲 citizenship route we have talked about and also tested on the ground!
The Truth About The Nearly Free, Entirely Remote, 3-Year Path to Armenian🇦🇲 Citizenship
A few months ago,
@Thefirstclass_C
claimed here on X that you can qualify for citizenship after 3 years of residence in Armenia without needing to physically reside there.
We decided to see
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Leave Canada 🇨🇦
Make sure to leave soon.
They will tax your exit too, effectively holding you a prisoner.
Canada’s lowest tax jurisdiction (Alberta) has a higher tax rate than the United States’ highest tax jurisdiction (California). No matter where top talent lives in Canada, they face a higher tax rate than they would in any U.S. state.
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First Class Lifestyle includes summers in Mediterranean Europe!
Let’s be clear about something - during the Northern hemisphere Summer I do not want to be anywhere other than Southern Europe / the Balkans
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Dylan „Moneybag“ Madden is one of the examples of a First Class Citizen lifestyle.
He took action and resided in Paraguay 🇵🇾 for better, tax-free & more affordable lifestyle. Later on upgraded and now lives in Dubai 🇦🇪
When are YOU becoming a First Class Citizen?
You are the creator of your own misery and the architect who can change it.
Wake up now.
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