Jeremy Savory
๐ค SpeakerAppearances Over Time
Podcast Appearances
It's lots of paperwork around your financials, but it can be done and people do do it. And if you look at the data, renunciations have been going up year on year considerably for American nationals. But in order to commence the enunciation, you need to have a primary nationality. You can't just give up your one and only passport. You need to have a passport already.
It's lots of paperwork around your financials, but it can be done and people do do it. And if you look at the data, renunciations have been going up year on year considerably for American nationals. But in order to commence the enunciation, you need to have a primary nationality. You can't just give up your one and only passport. You need to have a passport already.
It's lots of paperwork around your financials, but it can be done and people do do it. And if you look at the data, renunciations have been going up year on year considerably for American nationals. But in order to commence the enunciation, you need to have a primary nationality. You can't just give up your one and only passport. You need to have a passport already.
So, you can do that if you want to do that, but you don't have to. But if you can keep both passports and just keep one in your back pocket for emergencies, that's also an option. In terms of moving to Paraguay or any other country that has a zero tax or close to zero tax territorial tax, you just have to move there. My team will take care of everything.
So, you can do that if you want to do that, but you don't have to. But if you can keep both passports and just keep one in your back pocket for emergencies, that's also an option. In terms of moving to Paraguay or any other country that has a zero tax or close to zero tax territorial tax, you just have to move there. My team will take care of everything.
So, you can do that if you want to do that, but you don't have to. But if you can keep both passports and just keep one in your back pocket for emergencies, that's also an option. In terms of moving to Paraguay or any other country that has a zero tax or close to zero tax territorial tax, you just have to move there. My team will take care of everything.
you move there and you just have to be able to make sure that you can show enough ties to that country and less ties to the country where you're actually coming from. So you want to do the 183 days, you don't want to be spending more time in the US, that clearly will show that you have ties to the United States.
you move there and you just have to be able to make sure that you can show enough ties to that country and less ties to the country where you're actually coming from. So you want to do the 183 days, you don't want to be spending more time in the US, that clearly will show that you have ties to the United States.
you move there and you just have to be able to make sure that you can show enough ties to that country and less ties to the country where you're actually coming from. So you want to do the 183 days, you don't want to be spending more time in the US, that clearly will show that you have ties to the United States.
But if you can show more ties to that second country and less ties to the United States, you will be able to show that you're a fiscal resident in Paraguay for the purpose of this conversation. Invest in a company there, invest in a property there, have a very merry life down in Paraguay.
But if you can show more ties to that second country and less ties to the United States, you will be able to show that you're a fiscal resident in Paraguay for the purpose of this conversation. Invest in a company there, invest in a property there, have a very merry life down in Paraguay.
But if you can show more ties to that second country and less ties to the United States, you will be able to show that you're a fiscal resident in Paraguay for the purpose of this conversation. Invest in a company there, invest in a property there, have a very merry life down in Paraguay.
I think Paraguay is also interesting because what I've noticed is that a lot of people now are getting very concerned about where to be when things get really rocky. Right now, we're talking an economic war with China. If things deteriorate, we know what type of war comes after the economic war. And I've had many conversations with many of my ultra high net worth clients.
I think Paraguay is also interesting because what I've noticed is that a lot of people now are getting very concerned about where to be when things get really rocky. Right now, we're talking an economic war with China. If things deteriorate, we know what type of war comes after the economic war. And I've had many conversations with many of my ultra high net worth clients.
I think Paraguay is also interesting because what I've noticed is that a lot of people now are getting very concerned about where to be when things get really rocky. Right now, we're talking an economic war with China. If things deteriorate, we know what type of war comes after the economic war. And I've had many conversations with many of my ultra high net worth clients.
And they're asking me, Jeremy, I've got this passport. I'm very happy with this passport. I have multiple investments around the world. I have bank accounts. I have gold. I have crypto. But where do I go when things get really bad? The simple answer is South America. If you really want to be watching from the sidelines and say, I've got no dog in this fight, it was never even my idea.
And they're asking me, Jeremy, I've got this passport. I'm very happy with this passport. I have multiple investments around the world. I have bank accounts. I have gold. I have crypto. But where do I go when things get really bad? The simple answer is South America. If you really want to be watching from the sidelines and say, I've got no dog in this fight, it was never even my idea.
And they're asking me, Jeremy, I've got this passport. I'm very happy with this passport. I have multiple investments around the world. I have bank accounts. I have gold. I have crypto. But where do I go when things get really bad? The simple answer is South America. If you really want to be watching from the sidelines and say, I've got no dog in this fight, it was never even my idea.
Because let's be honest, none of us really have any agency over what our governments decide. And that's why people obtain second nationalities, because no one really feels that they have any power on their primary nationality. You want to go to South America. Of all the countries in South America, there are two that have been historically and politically the most stable.
Because let's be honest, none of us really have any agency over what our governments decide. And that's why people obtain second nationalities, because no one really feels that they have any power on their primary nationality. You want to go to South America. Of all the countries in South America, there are two that have been historically and politically the most stable.