Ah yesEurope has many countries are you really wanting to say EU?
https://en.wikipedia.org/wiki/List_of_sovereign_states_and_dependent_territories_in_Europe
What could be a backup plan considering borders can change?Well an EU passport is not a bad passport right now. But one needs to look at the future and get a back up plan.
What could be a backup plan considering borders can change?
Zero chance, better chance of winning the lottery, EU, unlike the US, the EU does not have the political and economic power to do so, even less so individual EU member states. The EU also does not need to do so. Various countries in the EU have state run businesses and can actually balance budgets if they reject cancerous US foreign policy that revolves around unequivocal support for Israel, perpetual war, and containment of Russia and China. There is no downside to EU citizenship; you get visa free travel to more places than most passports including US and also acquire the ability to live in the EU and Switzerland.Some people think sooner or later those countries will try citizenship taxation like US.
This misinformation is parroted on this forum commonly about the EU and even Switzerland. The fact is the EU is great, there are 185k UHNWIs and 440 billionaires with 2.2T EUR in assets, that doesn't include CH (the foremost capital for UHNWIs), UK, or RU which has many more billionaires and UHWNIs.The EU is bad (opinions differ, but hard to disagree when you are an entrepreneur), EU passports definitely aren't
It doesn’t have to be complex and difficult to avoid income tax if you’re willing to move, ah? There are plenty of options for you to circulate around, stay in one place for 2-4 years, and avoid paying income tax before moving on, no problem.It requires complex structures and mobility far above just having an online business,
There are a few tax free places, UAE being one, but you can also reside in the UK tax free under FIG, Ireland, Spain, Italy, and various other places using non-dom, flat tax, or similar schemes. My point was the endless blather about the EU being bad are wholly untrue. EU is bliss, for those with the means, as is anywhere else.It doesn’t have to be complex and difficult to avoid income tax if you’re willing to move, ah? There are plenty of options for you to circulate around, stay in one place for 2-4 years, and avoid paying income tax before moving on, no problem.
When you get tired of it, usually you can bring your whole fortune tax-free into the country where you want to settle down, easy as that!
"There is no downside to EU citizenship; ................" - have you been drinking ? How can you say such a false widespread comment of positivity.Zero chance, better chance of winning the lottery, EU, unlike the US, the EU does not have the political and economic power to do so, even less so individual EU member states. The EU also does not need to do so. Various countries in the EU have state run businesses and can actually balance budgets if they reject cancerous US foreign policy that revolves around unequivocal support for Israel, perpetual war, and containment of Russia and China. There is no downside to EU citizenship; you get visa free travel to more places than most passports including US and also acquire the ability to live in the EU and Switzerland.
have you been drinking ? How can you say such a false widespread comment of positivity.
Why so mean? Can we keep it a bit civil, please?You sound mentally deranged