? - https://nearshoreliving.com ? Premium Content/VIP Access? https://nearshoreliving.com/projects/premiumcontent/ ☎️ https://cal.com/nearshoreliving ? Team@NearShoreLiving.com ? https://twitter.com/nearshoreliving ------------------------------------------------------------------------------------------ 00:00 - Intro 00:45 - Chickens will come home to roost 1:40 - Alternatives to Paraguay 02:30 - Don't set yourself up for Failure So today, I wanted to talk about how to obtain Paraguayan citizenship, its benefits, the cons, and why you shouldn't get it. First of all, after obtaining permanent residency in Paraguay, you can qualify for Paraguayan citizenship after a few years. Many people on Twitter and YouTube are right; there are ways to expedite the passport application process, bypassing the Spanish exam. Paraguay is fundamentally a broken country with significant corruption. Some individuals can help you obtain a Paraguayan passport within one or two years of obtaining permanent residency, without requiring you to speak Spanish or spend much time in the country. Therefore, it is relatively easy to obtain a Paraguayan passport. There's no way around that; it is entirely true. However, there are two primary reasons why I advise against obtaining Paraguayan citizenship. Firstly, according to Paraguayan law, you are not allowed to hold dual citizenship, except for one group of people: Spanish and Italian citizens. If you are a Spanish or Italian citizen, you can obtain Paraguayan citizenship and retain both citizenships. If you are not a Spanish or Italian citizen, you are legally required to renounce your previous citizenship to obtain Paraguayan citizenship. Of course, in Paraguay, a fundamentally broken and economically challenged country with limited international connections and enforcement of laws, many expats obtain Paraguayan citizenship and retain their previous citizenship without facing immediate consequences. However, even in this scenario, I would strongly urge you to consider why you are seeking a second citizenship. If you've been following my channel, you know that despite its content, I strongly disagree with the idea that you need a second passport, multiple residences, or numerous driver's licenses. I've consistently emphasized that the key is to increase your income. Second passports and citizenships do not provide as much benefit as simply having more financial resources in US Dollars, Euros, Chinese Renminbi, Japanese Yen, and so on. So, focus on increasing your income rather than obsessing over citizenship. But if you are genuinely interested in acquiring a second passport or citizenship, especially if it's your very first second passport, it's essential to ensure that it's based on honesty and lacks corruption. Citizenship can be revoked, and you cannot predict future developments. If you are seeking a second passport because you fear increased control in the US or the Western world, it's crucial to consider the alignment of your chosen country with major powers. For instance, small countries like the Caribbean nations are often influenced by larger nations. Paraguay, too, is aligned with the US. So, if you are concerned about increased control by the US, think about the likelihood of a centralized citizen database in the future. In ten years, countries might have the ability to quickly access information about citizens from other countries, potentially exposing any legal violations. While there may be no immediate consequences, it's wise to invest your time, money, and energy in obtaining a genuine second passport—one based on facts, devoid of corruption, and one you can retain indefinitely. In my opinion, this approach is more responsible and secure. Things can indeed be taken away in the future. Anyways, that's the essence of this video. I know it might seem like the responsible thing to do, but with matters like these, it's generally better to act responsibly and do things properly because there's always the possibility of future repercussions. Anyways, guys, I'll see you in the next video. Bye ... https://www.youtube.com/watch?v=pntgJv0JvhY