Why You Should Leave Your Country | Andrew Henderson
Why You Should Leave Your Country | Andrew Henderson  
Podcast: Bankless
Published On: Wed Jul 10 2024
Description: Is it a good idea to diversify your citizenship given the current global landscape?  We brought on Andrew Henderson, an entrepreneur, a global citizen to nearly a dozen countries around the world, and the founder Nomad Capitalist - a company that helps people maximize their freedom by getting multiple citizenships and passports. Hear why considering a second or even a third citizenship might be beneficial, the most crypto-friendly jurisdictions, and what an exit tax entails. Andrew also shares why he renounced his US citizenship and provides insights into the costs and process of obtaining a second passport.  ------ 📣DEBRIEF | Ryan & David Unpacking the Episode:  https://www.bankless.com/debrief-the-andrew-henderson-interview  ------ ✨ Mint the episode on Zora ✨ https://zora.co/collect/zora:0x0c294913a7596b427add7dcbd6d7bbfc7338d53f/28  ------ BANKLESS SPONSOR TOOLS: 🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://k.xyz/bankless-pod-q2    ⁠  🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle  🦄UNISWAP | BROWSER EXTENSION https://bankless.cc/uniswap  ⚡️ CARTESI | LINUX-POWERED ROLLUPS https://bankless.cc/CartesiGovernance    ⚖️ARBITRUM | SCALING ETHEREUM ⁠https://bankless.cc/Arbitrum  🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION https://bankless.cc/toku  ------ TIMESTAMPS 0:00 Intro 6:04 Where Is Andrew? 6:52 Andrew’s Citizenships? 8:26 Audience Overview  10:47 Andrew On Multiple Citizenship? 14:41 Option To Exit  21:17 Why Multiple Citizenship? 29:01 Is Multiple Citizenship Urgent? 35:20. What Is Exit Tax? 41:32 Regaining US Citizenship 46:20 Andrew’s Top 5 Citizenships 51:36 Dual Citizenship: Factors & Process 54:30 Who Is It For? 59:31 Lifestyle Trade-Offs 1:03:51 Crypto-Friendly Jurisdictions? 1:06:02 Digital Citizenships? 1:07:19 Is This Unpatriotic? 1:10:54 What If There’s No Option? 1:15:47 Is This Unfair? 0:23:30 Summary & Resources  1:27:21 Closing & Disclosure  ------ RESOURCES Andrew Henderson https://x.com/nomadcapitalist  ------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures