Where $150K Buys You a Home AND a 2nd Passport

Summary

This video explores five countries where real estate investments can lead to residency or citizenship, highlighting Brazil, Cambodia, Georgia, Nicaragua, and Costa Rica. Each destination offers unique benefits such as low-cost living, fast residency options, and even second passports. The video also covers bonus countries like Turkey, Greece, Colombia, Panama, and Italy, which provide more substantial benefits for higher investments. From affordable properties to strong tax incentives, the video provides valuable insights for those looking to invest abroad and secure a new passport or residency.

Takeaways

• 😀 $150,000 won't buy much in California, but can buy a luxury beachfront home in other countries.
• 🌎 Many Americans are investing in emerging economies to secure residency or even citizenship.
• 🇧🇷 Brazil offers affordable real estate investment options starting at $125,000, which can lead to residency and citizenship.
• 🏠 Brazilian property in rural areas or cities like Fortaleza can cost as low as $1,500 per square meter.
• 🇰🇭 Cambodia provides long-term residency for just $100,000 investment in real estate or business, with a fast-track option to citizenship for $250,000.
• 🇬🇪 Georgia offers some of the highest rental yields in the world (13%+), and a $100,000 investment secures residency.
• 🇳🇮 Nicaragua offers one of the cheapest and fastest paths to citizenship, requiring just $30,000 investment in real estate or business.
• 🇨🇷 Costa Rica requires $150,000 investment for residency, with permanent residency attainable in 3 years and citizenship in 7.
• 🏝️ Costa Rica offers a safe environment, low taxes, and a high quality of life, but has become increasingly expensive.
• 🇹🇷 Turkey allows you to gain citizenship through a $400,000 real estate investment, providing access to visa-free travel in several regions.
• 🇬🇷 Greece offers a golden visa program starting at €250,000, with the possibility of citizenship, but requires significant property investment in major cities.

Q & A

What is the main focus of the video?

The video focuses on exploring countries where individuals can invest in real estate to acquire residency or even citizenship, alongside the benefits of these opportunities.

How much investment is required to qualify for residency in Brazil?

To qualify for residency in Brazil, you must invest $125,000 in real estate in the north or northeast regions, or $185,000 in more developed areas like Rio or São Paulo.

What are the benefits of investing in real estate in Cambodia?

Investing $100,000 in real estate or a business in Cambodia grants long-term residency for you and your family for five years, renewable. A larger investment of $250,000 or $310,000 can expedite the process to citizenship.

Why is Georgia considered a strong option for real estate investment?

Georgia offers high rental yields, around 13% or more, making it a lucrative option for investors. With an investment of $100,000, you qualify for temporary residency, and after five years of permanent residency, you can apply for citizenship.

What is unique about Nicaragua’s real estate investment program?

Nicaragua allows you to qualify for permanent residency by investing just $30,000 in real estate or a business. You can apply for citizenship after just two years, and the country offers tax advantages like not taxing foreign income.

What are the investment requirements for residency in Costa Rica?

To obtain residency in Costa Rica, you need to invest $150,000 in real estate. You can also qualify for a Pensionado visa with $1,000 a month in retirement income. After three years of residency, you can apply for permanent residency, and after seven years, for citizenship.

How does Turkey's real estate investment program differ from others?

Turkey offers direct citizenship with an investment of $400,000 in real estate. This grants dual citizenship without a language exam or residency requirements, and the Turkish passport offers visa-free access to 110-115 countries.

What makes Greece’s Golden Visa attractive to investors?

Greece’s Golden Visa allows you to qualify for residency with a real estate investment of €250,000. The program is flexible, with options for property renovations or purchasing residential properties in low-density areas.

What is the investment requirement for residency in Panama?

In Panama, you can obtain permanent residency through the Friendly Nations Visa by investing $200,000 in real estate or by opening a business and employing yourself.

What tax advantage does Italy offer to foreign retirees?

Italy offers a flat tax rate of just 7% on foreign retirement and passive income for 10 years for retirees who move to qualifying small towns in the southern part of the country.