Tuesday, December 3, 2024

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MIKKEL THORUP ON YOUR INTERNATIONAL PLAN B

Here is Mikkel's proesentation.

Mikkel's other resources.

Well you're going to need a safe place to stay.  This would be a second home.  And we're going to get into this in a minute.  You need it structured securely so that no one's going to be able to take it away from you.  You want to have it private, so that it protects your privacy, your anonymity.  

We need a free flow of capital.  Maybe you need to be able to put money into a country and take money out of a country.  We don't want put the money in, and you can't get it out.  That's not going to be good.  It needs to be tax optimized.  Now, as we discussed, a lot of the people on today's call are Americans who we're going to get into US tax situation but we need tax compliant from the country that you're going into, and maybe your home country, and any other residency or citizenships that you have.  

Then we need a secure, we need to secure your freedom of movement.  So this is the immigration.  This is the Residency, the passport, the permanent residency.  These types of things and someone that's going to fit your lifestyle, who you are as a person, you are a value of your philosophy, all right, all the things that we need to keep in mind. 

If we're going to develop a plan B for you, why do you need a plan B?  Well there's political instability all over the world, including North America, Europe, Australia, and New Zealand, in the Western World in general it's politically unstable.  Unrest, the social unrest, with all the elections happening in the world.

Major financial collapse on the horizon. 

Strangulation of businesses during COVID.  

You want to be in a place where you can build and create without compliance officers everywhere.

War in Ukraine Iran.

Forced Health mandates like vaccinations. 

Your plan B is political insurance.

12:35.  4 PLUS 1

#1 IMMIGRATION

PERMANENT RESIDENCY is

* A permanent Visa to live work and do business in a foreign country.

* Gives you the majority of the rights of someone who was born in the country.

* A solid foundation for building your life in a new country.

* If you abide by the stipulations of the Visa you can live in the country forever.

* Most countries have a PR Visa.  To keep the Permanent Residency VISA active, he has to visit at least 1 day every 2 years.  As long as he does that then his Visa is valid forever. He has residencies in other countries so he visits those countries regularly.

* Permanent Residency can eventually lead to citizenship or naturalization.  A Temporary Residency will not lead to Naturalization.  A tourist VISA will not lead to naturalization.  So you will not get that covered passport if you are a Temporary Resident.  

WHERE WILL YOUR PERMANENT RESIDENCY BE, OR MULTIPLE PERMANENT RESIDENCES BE?

#2 CITIZENSHIP is the ultimate option, the thing that we're really really pushing for.

*  It's when you can say I am Brazilian or I am El Salvadorian.

*  You have all the rights as someone born in the country.  [A a permanent resident does not have the qualifications to hold an elected office; a citizen does]

*   You actually get the passport.

*   In most cases, your citizenship can be passed on to the next generation of your family.

*  If something happens to the passport, you just apply for another one. 

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