255: Global Passport Pandemonium: What You Need to Know

The Expat Money Show - With Mikkel Thorup

Today we are going to break from format a bit, as it has been a crazy week in the expat world, with a ton of news breaking that affects a number of popular CBI programs. Unfortunately, none of it is good news. I'm not here to sugarcoat things but rather to deliver the truth of what is going on in the world so that you can make the best decisions possible on your expat journey. Tune into this special breaking news edition of the Expat Money Show, wherein I break down all of the changes that have occurred in the last week and how they will affect those looking to do citizenship-by-investment programs in certain countries. I also provide some insight into my experience working through a St. Kitts CBI for myself. Luckily, having completed my paperwork before these changes, I will most likely be unaffected by this. Enjoy the episode, and remember that the right time to act on your expat dreams is always 'ASAP.'

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180: Residency and Citizenship Updates - Mikkel Thorup

CONCLUSION

It wasn't fun to have to record this episode and deliver some tough news that is going to affect a lot of people who were in the process of working on CBIs in these affected regions. The best we can do is stay up to date on what is going on and plan accordingly. I emphasize to my clients all the time to "act now" because you never know when these programs will change or just end altogether. This week is an unfortunate real-life example of just that. See you next Wednesday!

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Beginning of Q4, 2024, the Panama government has already stated that they are increasing the investment minimums for immigration from $300k to $500k for real estate; we also expect them to make this process more difficult! Because of this, I have decided to run a few quick trips to Panama for our community. Seeing the real estate in Panama is an important part of the due diligence process, that’s why I would like to pay for you to join me in Panama. All you have to do is sign up for the tour at https://expatmoney.com/fly, pay for the tour, and if you end up finding a property that fits your needs on the trip, then the amount you paid for the tour PLUS your airfare (up to $1000 USD) will be taken off the purchase price, making the entire tour and flights essentially free for you. Why am I offering you this awesome deal? Because my hope is you will hire me and my lawyers to do your immigration work! Our company has helped hundreds of people successfully go through the immigration process in Panama, and we do an excellent job, if I do say so myself. This is a service we offer to everyone in our community, but you have to choose a good property that will qualify you first.

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