Could This Tax Idea Spread?

Read the latest on Greece’s new Golden Visa option, top African countries for second citizenship, massive tax battle, and more. September 12, 2024 [image] [Event](=) | [Citizenship]() Welcome to the Weekly Rundown. Greece is expanding its Golden Visa program, offering residency to foreign investors who put at least €250,000 into Greek startups. This move shifts focus from property investments, aiming to boost the country’s innovation sector. The new plan, set to start in 2025, targets high-tech and entrepreneurial ventures, drawing interest from global investors looking for long-term opportunities in Greece. Prince Harry’s US Visa Status Could Expose Royal Finances [image](=) Prince Harry’s potential move towards US citizenship is raising alarms over the Royal Family's financial privacy. Living in the US since 2020, Harry’s current visa status is uncertain, but obtaining a green card would subject him to US taxes on worldwide income, potentially revealing sensitive Royal financial details. Experts stress the importance of Harry maintaining a diplomatic A-1 visa to protect privacy and avoid diplomatic complications between the UK and the US. The decision will have far-reaching consequences for both Harry and the Royal Family. Read the full story [here](=). [image] Greece’s New Golden Visa: Invest in Startups for Residency [image]( Greece is updating its Golden Visa program to include investments in local startups. Starting in 2025, foreign investors can obtain a 5-year residency by contributing at least €250,000 to Greek entrepreneurial ventures. This shift aims to move away from property investments and fuel growth in high-tech and innovative sectors. With over 800 registered startups, the program hopes to attract global investors eager to tap into Greece's expanding innovation landscape. Read the full story [here](. [image] Top African Destinations for Second Citizenship Among the Wealthy [image](=) A new report highlights that high-net-worth individuals (HNWIs) are increasingly turning to Africa for second citizenship, with a focus on quality of life, safety, and economic competitiveness. Countries like Mauritius, Seychelles, and Cape Verde top the list, offering attractive opportunities for those seeking to protect and grow their wealth. Beyond tax breaks and visa-free travel, these individuals are prioritizing long-term security, healthcare, and currency stability in their search for a second home. Read the full story [here](=). [image] [image]() KEEP MORE OF YOUR MONEY Finally—enjoy more freedom, protect your assets, and keep more of your hard-earned money without the complexity and hassle. We'll help you reduce your taxes, get a second citizenship, safeguard your wealth, and uncover new investments. [LEARN HOW](=) How Kamala Harris’s Tax Hikes Could Hit Your Portfolio [image](=) Wall Street investors are concerned about Vice President Kamala Harris’s proposed tax hikes, which could raise the corporate tax rate to 28%. Analysts warn that higher taxes could reduce corporate profits by 5% and lead to lower stock valuations. Investors are closely watching the upcoming election as tax policy becomes a key issue for both Harris and her opponent, Donald Trump, who has promised further tax cuts. Read the full story [here](. [image] UK Ends Visa-Free Travel for Jordanian [image]( The UK has revoked its visa-free travel arrangement for Jordanian citizens due to concerns over misuse. The decision, effective 10 September 2024, comes amid fears that Jordanians were using the UK as a transit point for asylum claims and onward travel to the US. British authorities noted rising numbers of asylum seekers and human trafficking activities linked to the visa arrangement. Jordanian citizens already holding permits have a 28-day grace period to complete their travels. Read the full story [here](). [image] Apple Ordered to Pay €13 Billion in Back Taxes by EU's Top Court [image]() The European Court of Justice ruled against Apple in its long-standing tax dispute, requiring the company to pay €13 billion in back taxes to Ireland. The case, which began in 2016, centers on accusations that Apple benefited from "illegal" tax advantages over two decades. This decision comes on the same day Apple launched new products, adding significant financial pressure to the tech giant. Read the full story [here](. [image] [image](=) THE SECRETS TO KEEPING MORE OF YOUR MONEY New to the global lifestyle and want a comprehensive guide to the offshore world? Our fast-paced, action-packed book offers a fun and detailed overview of all possibilities awaiting you. [GET YOUR COPY](=) Kiyosaki Warns of Hidden Banking Crisis, Predicts Bitcoin Surge [image](=) Financial expert Robert Kiyosaki is raising alarms about an unseen banking crisis, urging investors to protect themselves with assets like Bitcoin, gold, and silver. He believes the global economy, propped up by debt through bonds, is unsustainable. Kiyosaki's warning comes as Bitcoin shows signs of recovery, with some experts predicting a sharp price rebound amid ongoing economic uncertainty. Read the full story [here](. [image] Could Canada Adopt a Tax on Unrealized Capital Gains? [image](=) Kamala Harris’s proposal to tax unrealized capital gains for wealthy Americans has sparked debate, raising concerns about its possible impact and whether it could spread to other countries like Canada. Critics argue the plan would be difficult to administer and could harm venture capital investment. While Canada has increased its capital gains tax recently, experts believe adopting an unrealized gains tax is unlikely. However, continued changes to capital gains policies remain a concern for high-net-worth individuals in both nations. Read the full story [here](=). [image] Solomon Islands Moves Forward with Citizenship by Investment Bill [image]( The Solomon Islands has completed a draft of its Citizenship by Investment bill, which is now under review before being submitted to Cabinet. Prime Minister Jeremiah Manele emphasized that this initiative is a key part of the government’s 100-day program. The bill aims to attract foreign investment by granting citizenship to individuals who meet strict due diligence standards. While the program promises economic benefits, the government is carefully analyzing potential risks to safeguard the integrity of the Solomon Islands passport. Read the full story [here](). [image] [image]() NOMAD PASSPORT INDEX 2024 See where your passport ranks in the global pecking order with the Nomad Passport Index 2024. Find out if your passport opens doors worldwide, or encounters more barriers. [YOUR PASSPORT RANKING]( Why Lisbon is a Top Destination for Digital Nomads [image]() Lisbon has become a favorite spot for digital nomads. The city’s appeal lies in its excellent connectivity, vibrant culture, and growing international business community. With a focus on innovation and year-round pleasant weather, Lisbon offers a high quality of life for remote workers. However, rising rents may impact its future attractiveness, as affordability becomes a concern for digital nomads. Read the full story [here](). [image] [image]() [Manage Preferences]( | [Unsubscribe]( Nomad Capitalist Limited 2301, 23F Bayfield Building 99 Hennessy Road Wanchai Hong Kong +1 (979) 966-6623