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The US Passport is Getting WORSE

2024-06-28 Education
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Nomad Capitalist
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Become a Client: https://nomadcapitalist.com/apply/ Get our free Weekly Rundown newsletter and be the first to hear about breaking news and offers: https://nomadcapitalist.com/email Get on the waiting list and join us for the next Nomad Capitalist Live: https://nomadcapitalist.com/live/ In this video, we explain why the US passport is losing its power and what it means for American travelers. For eight years in a row, the Nomad Passport Index has been published, ranking passports based on factors like visa-free travel, taxation, personal freedom, and global perception. Shockingly, this year, the US passport has hit one of its lowest scores ever. 00:00 Start 00:30 Top Ranking Passports and US Position 2:14 Impact of New ETIAS Requirements 4:18 Factors Affecting US Passport Ranking 7:50 Tit for Tat Visa Policies 11:21 Are You Ready for the New Opportunities? Nomad Capitalist is the world's most sought-after expert on legal offshore tax planning, dual citizenship, and international asset protection. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where you're treated best." Nomad Capitalist has served as the “architect” and “general contractor” for 1,500+ clients who wanted one company to manage their holistic plans. We help these clients keep more of their wealth, increase their personal freedom, and protect their families and wealth against current and future threats at home. Our in-house team of researchers, strategists, and executioners know more about these strategies than just about anyone. We’ve also spent more than a decade building a trusted network of attorneys, accountants, real estate agents, and others to assist our clients. As a result, our approach is not only holistic, but agnostic; we offer our clients advice on and options in 90+ countries, more than any other firm by far. If you’re looking to diversify internationally, whether for lower taxes or as a “Plan B”, trust the industry pioneers at Nomad Capitalist and our experience serving the needs of globally-minded entrepreneurs and investors. Become Our Client: https://nomadcapitalist.com/apply/ Our Website: http://www.nomadcapitalist.com/ About Our Company: https://nomadcapitalist.com/about/ Buy Mr. Henderson’s Book: https://nomadcapitalist.com/book/ 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.

Top Comments (10)

@GwenSwan 2024-06-28

I agree 100% with this video. I'm Canadian but I grew up in the USA in Miami and did all my studies in the US. When my mother got sick with Cancer in Miami, she decided to go back to Canada for treatments because of socialized medicine. So I decided to go back to Canada to be with my Mom. But I still had to go back to the US to conduct my businesses. And each time I would cross the border the freaking US border administration would make my life soooo miserable that after being detained for 8 hours on several occasions and interrogated for hours for being a dual citizen and traveling back and forth and missing my flights and having to book last minutes flights again and having to stay in a hotel for an extra night and all these expenses that they forced me to incur and the waste of time they caused me and delays to my meetings and attending to my business, I've decided to burn it and forfeited my papers and citizenship. It's wasn't worth the trouble. These people have absolutely zero respect for the years of contribution I had given to their country. I have never set foot in the US ever again. Oh and moreover, because at the time I had forfeited my status, they banned me from entry into the US even if it was to catch a flight to go elsewhere in the world.

529 116 replies
@timothydevries383 2024-07-04

America is a place where professionals go to earn USD. Once they accumulate enough, most leave.

246 8 replies
@adamselectricuniverse 2024-06-28

Most of the US government's unfortunate interactions with other nations, especially over the last 30-40 years, has been driven by a desire to defend the world reserve currency status of the dollar, all the while destroying it through irresponsible economic, social and political policies. There is no need for a world reserve currency. If you looked at nearly every American's balance sheet, you would realize that having the reserve currency has made them poorer, not richer.

216 8 replies
@matthewfusaro2590 2024-06-28

Sounds like it's easier to sneak into America and travel there legally.

183 10 replies
@majortom8047 2024-06-28

I travel often, mostly international trips. I use Mexican and US passports. The Mexican passport has become the most hassle-free one to use. I've applied for a Panamanian one, too.

149 4 replies
@caroleappling2007 2024-07-02

This would be devastating, but remember 53% of Americans don’t have passports, so I’m sure there are a lot of Americans don’t care about traveling it Europe.

139 14 replies
@Quicklearner428 2024-07-01

The U.S. is no longer same as it used to be.

134 11 replies
@RadBunny2269 2024-07-01

The problem w/ Americans is when you tell them how America’s began its decline & it will keep at it for a while, they go shields up without inquiring. To me, this is simply one symptom of the nation’s decline in several areas almost at once.

60 12 replies
@naturalselfyoga1617 2024-07-01

My girlfriend and I missed a connection flight in S Korea. She has a Thai passport. I have a US passport. Guess who could leave the airport. Guess who got extra scrutiny from a "random" check when boarding the plane. I'm not a rah rah US is best guy. But don't you think your list is a bit biased? Most of your clients are US clients because they have the money. It's your client base.

25
@jamalgreen3056 2024-06-29

We have all witnessed western countries were easily dominating when other countries weren’t competitive at the time.But as other countries become more competitive the western countries fold.The other thing I want everyone to realize is this is what makes Asia and middle eastern countries different,even if you aren’t wealthy and aren’t a high net worth individual yet,as long as you are skilled and talented they are willing to work with you because you are already heading in the right direction.But western countries they won’t,with the United States,Canada,Australia,Germany,u.k and etc you either have to be wealthy already or needy which means needing the government for government jobs,government assistance,government food stamps,government aid.And this is why western countries are severely declining everything is either on the far extreme left or right.There is no middle nor in between and without that you don’t have any balance.

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