Home European Citizenship How (and why) to build a second residency portfolio

How (and why) to build a second residency portfolio

How to build a second residency portfolio? How much time and work does this feat require?

Citizenship insurance is the concept of building a passport portfolio to hedge your personal and economic risk.

Just as you can’t order car insurance to pay for a collision after the collision has occurred, you’ll have a hard time finding a safe haven to escape to if and when things get bad at home.

Besides offering the ability to live in a country or a group of countries, citizenship in another country also gives you certain freedoms your home country may not.

In this video, Andrew talks about building strategy and portfolio for second residencies.

There’s a lot to consider when it comes to building second passport portfolio, but Andrew will make things clearer, so make sure you keep watching the video to the very end.

For more written help on our part, go to our website, or click on this link:

Stay tuned for more videos and information about second passports, offshore strategy, reducing your taxes and going where you’re treated best.


Andrew Henderson travels to nearly 30 countries every year to stay up to date on the latest legal strategies for entrepreneurs and investors to pay less tax, grow their money faster, and build their personal freedom.

Andrew started Nomad Capitalist to help people like you follow his five magic words: “go where you’re treated best”. He has personally started foreign companies, opened offshore bank accounts, and obtained multiple second passports.

He also learned the hard way that perpetual information seeking is often the biggest barrier to getting the results you want. Many entrepreneurs spend months and even years constantly researching how to pay less in tax or live overseas, but are afraid to make the jump.

As a result, they get stuck and keep paying a fortune in taxes and never get the lifestyle they deserve.

Nomad Capitalist’s Youtube channel is based on Andrew’s vision that focusing on the end result, rather than the latest shiny object, is the best way to actually obtain the benefits of the Nomad Capitalist lifestyle.

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  1. Wow, that was a quick reply!! I asked about more info regarding the residency programs of Montenegro and other countries in the Balkan region 20 hours ago and you reply by uploading this video 7 hours ago… haha… or it could be a coincidence)… I think waiting 10 years to get Montenegrin citizenship would be too long for most people.. especially as there are better options out there where one can get a passport in a shorter period of time. I think Montenegrin residency is good for those who wish to live there and make it their home, but other countries offer better deals as far as getting citizenship is concerned. It will be interesting what Montenegro has to offer if they do open a New Economic Citizenship Program, but right now, it doesn't really appeal compared to other deals out there in my humble opinion. It would be cool if you could also give us more info about the programs that Serbia, Albania and Macedonia offer and what your opinions are about them. Keep up the great work.)

  2. I'm from Croatia, and I got away from that area, why would you wanna go there willingly lol? unless for tourism. I did keep my citizenship though. BTW I didn't get what is the benefit of having their passport? tax break like you said yeah, but you're gonna have a hard time making even close the amount of money there, that you would in the US. And any money you make in US you still have to pay taxes there. can you elaborate?

  3. I just got started following your channel… What's the soonest residency to look for for a U.S citizen to seek residency in? Did it take you ten years to get the montenegro one?… Kind of a high threshold you speak from, very interesting nonetheless


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