November 14, 2025 • 13 mins
WANT TO MOVE OVERSEAS? We've got Heidi Finn from Latitude Group on at 1pm to talk about how she helps people move overseas and get residency and second citizenship via investment. Find out more about Latitude by clicking here.
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Episode Transcript
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Speaker 1 (00:00):
If you have ever pondered the notion of leaving the
United States for some foreign land for either retirement or
maybe you're just hedging your bets politically whatever works for you,
and have thought to yourself, that sounds interesting. But I
wouldn't even know where to start. My next guest guest
is exactly where you start. Her name is Heidi Finn.
She is the head of the Denver office of the
(00:22):
Latitude Group. They're a company that helps people establish second residency,
second citizenship, dual citizenship, rather and various places around the world.
Speaker 2 (00:31):
First of all, Heidi, welcome to the show.
Speaker 3 (00:34):
Thank you many thanks for having me.
Speaker 2 (00:36):
So what exactly do you guys do?
Speaker 3 (00:39):
So we help.
Speaker 4 (00:40):
People that are looking for residency and citizenships in foreign countries.
Speaker 3 (00:44):
Motivations are different.
Speaker 4 (00:46):
Some people want to expand a business, some people want
to send their kids to European schools. Some people look
at it as a geopolitical hedge. Some people want to
buy property increase the rental portfolios.
Speaker 3 (00:57):
There's a various amounts of reasons, but we help them
do that.
Speaker 1 (01:00):
So are there countries around the world that are easier
or have better incentives? Tell me, because I don't think
most people realize that there are nations that offer really
kind of really nice packages or incentives to get you there,
like make it easy for you to move there, whereas
in some places it's downright impossible.
Speaker 3 (01:21):
Well, I wouldn't call any of the countries easy.
Speaker 4 (01:24):
There's definitely a lot of bureocratic paperwork, but some are
faster than others. So the Caribbean, you could get a
passport a second passport in four to six months, whereas
some European countries like Portugal have a backlog of applicants
that can be two to five years.
Speaker 2 (01:39):
Oh wow.
Speaker 4 (01:40):
So it just depends on your timelines and kind of
your tolerance. But all of these programs, the really unique
thing about them is that you can apply for them
here in Colorado without picking up on a jet and
starting your residency by moving. And a lot of people
look at that, like myself.
Speaker 3 (01:57):
I'm a mom.
Speaker 4 (01:57):
I have a nine year old and I started this
process mainly because I want to send my kid to
a European schools, and in doing so, I realize that
you have to plan for that. It's not just let's
go tomorrow. It's like building a house. You have to
have your permit in place, before you can start construction.
So it's the same type of thing. If you want
to move overseas, your passport isn't enough as an American
(02:18):
because you're in on a tourist visa, so you need
something that will allow you to stay longer.
Speaker 3 (02:22):
So people start the process now.
Speaker 1 (02:24):
So give me an example of what that process might
look like. And you just mentioned Portugal, and Portugal is
popping up everywhere on best places to retire. I mean,
it's really kind of having a moment. So if I
come to you and say, Heidi, I would like to
get dual citizenship in Portugal, walk me through what happens next.
Speaker 4 (02:42):
Okay, so the cariat is rules are changing as we're
speaking right now, but as it stands, what you would
do is go through quite a bit of extensive due diligence.
So all of these countries will require background checks that
require clear criminal background.
Speaker 3 (02:59):
Then there's an invest peace.
Speaker 4 (03:00):
There's either a donation to the government an investment in
government bonds funds like European stock markets in each country.
So in the case of Portugal, Portuguese stock market. They
removed the ability to purchase real estate, so some countries
will still allow you to do that. Portugal is not
one of those, but you'll start that process.
Speaker 3 (03:22):
We identify funds that you may want to invest in.
Speaker 4 (03:25):
Some of them can be things like renewable energy, cultural,
all types of crypto, any type of thing that There's
about thirteen funds that are in the Portuguese stock market
that you can look into. You don't have to pile
all your money into one, it just has to be
The minimum requirement in the case of Portugal is five
(03:46):
hundred thousand euros and then you wait.
Speaker 3 (03:50):
The backlog right now is about two years.
Speaker 4 (03:53):
You get your permanent or temporary residency card, and think
about residency cards like green card. We understand that as
an American, a green card allows you to permanently stay,
but then after five years, the way the current laws
are written, you then have the ability to stick with
that green card or you could apply for a passport.
(04:13):
The unique thing about Portugal, it's one of the fast
tracks to Portuguese citizenship. But what that does is you
have to remember that it's part of the European Union.
So once you have a European Union or you have
an EU passport, then all twenty seven member states open up.
Speaker 3 (04:30):
So in the case of residency.
Speaker 4 (04:33):
If you apply for residency in one country, then you
have to stay in that country. But if you have
an EU passport, then you can move to any of
the twenty seven member states. So Spain closed their program
last year, but if you have an EU passport, you
can pick up and move to Spain, which is a
lot of our clients here in Colorado. It's a pretty
popular destination to do.
Speaker 1 (04:53):
This is fascinating and it's almost like they're wanting to
bring in immigrants, which is great, but they I want
to make sure they're immigrants that are going to contribute
rather than be a drain on their system. Does that
seem fairly accurate? Well, think of it this way.
Speaker 4 (05:11):
All of these programs, whether you're looking at Europe, whether
you're looking at South or Central America, or over in
South Pacific in New Zealand, Australia, and over in Asia,
including the United States, who has the largest immigration program
in the world. EB five, it's all about foreign direct investment.
These governments are looking for foreign direct investment in exchange
(05:33):
for a residency or a citizenship.
Speaker 3 (05:36):
So these programs aren't designed to.
Speaker 4 (05:40):
Or they don't appeal to a lot of people that
don't you know, looking for digital nomad for instance, that
doesn't have a clear path to residency or citizenship, whereby
these programs do.
Speaker 3 (05:49):
And so that's what these governments are trying.
Speaker 4 (05:51):
To do, is to prop up some of their economy
through this investment in exchange for something that Americans want,
and that's options.
Speaker 1 (05:59):
What are the trees that are easiest to establish residency
and that you guys work with right now, Well.
Speaker 3 (06:05):
The Caribbean's the fastest.
Speaker 4 (06:06):
So there's four programs down in the Caribbean that can
get you a passport.
Speaker 3 (06:10):
So that's citizenship in four to six months.
Speaker 1 (06:13):
Wow.
Speaker 3 (06:13):
Panama's another in Central America.
Speaker 4 (06:15):
There you can actually purchase a real estate piece. It
has to be government approved anywhere from two hundred and
fifty thousand dollars, which you can't buy anything here in
Colorado for that, and that gives you something in Central America.
Speaker 3 (06:28):
One of our most popular in aside from Portugal, is Greece.
Speaker 4 (06:32):
There you can buy again property for two hundred and
fifty thousand as a minimum euros and you get an
EU residency. Keep in mind that residency in Greece means
that's only for Greece, whereas if you have a Portuguese passport,
for instance, that allows even twenty seven members.
Speaker 2 (06:49):
States EU passed.
Speaker 3 (06:50):
So it really just depends.
Speaker 1 (06:52):
Yeah you said, you said Portuguese passport, but an EU
oh I see, because Greece isn't in the EU.
Speaker 2 (06:57):
Okay, gotcha correct? Gotcha there correct.
Speaker 4 (06:58):
Mald does another another very attractive one, although the timeline
is a bit longer, but it's also right around that threshold.
The smaller thresholds are very popular when it comes to
two hundred and fifty three hundred thousand dollars entry rates,
and then New Zealand's probably one of the more expensive
when it starts at three million, but you'll have a
permanent residency, which permanent residency within a month. We've got
(07:22):
several clients that have gone through that already. So it
really just depends. If you've got people that are opening
up businesses and are looking to expand they may look
at different programs than someone like look a retiree that
may look at as you mentioned Portugal having its moment
affordability healthcare, you can you can add your clients onto
your application.
Speaker 3 (07:42):
Your kids can go to school.
Speaker 4 (07:43):
In Europe, you can buy property in other places. So
motivations are as varied as likely your audience.
Speaker 2 (07:51):
So Heidi, let me ask you this.
Speaker 1 (07:52):
I've got a couple questions on our text line, Mandy.
If you get new citizenship, how does that affect your
US citizenship?
Speaker 2 (07:59):
What are we looking at it here?
Speaker 3 (08:01):
It doesn't, so you are able to hold dual citizenship.
Speaker 1 (08:05):
So basically it doesn't have any impact. You just decide
which passport you're flying under.
Speaker 4 (08:10):
Well, correct, I have three, So I'm American by birth,
I'm British, I have a British passport by marriage, and
my mom fled World War Two in Germany when she
was twelve, and so I have German based on dissent.
So that's also another popular one. If you have any
kind of European lineage in your background. The most affordable
option Italian being a very popular one. German is another.
(08:34):
We have some Scandinavian countries. We have certainly a lot
of varied programs through Europe. But that's another way to
follow it without having to do a large investment. It
just takes a lot longer to do that, and rules
are continually.
Speaker 1 (08:47):
Changing and you most of the time have to learn
the language, which is why I'm not holding a dual
citizenship passport for Hungary right now because the language, I
don't know if I will.
Speaker 3 (08:58):
Well yes and no.
Speaker 4 (08:59):
So in the case of mind for dissent because my
family was persecuted by the Nazis, there is an exemption
for that if you go through a Portuguese school, one
of the two that is approved by the Portuguese government.
You take one hundred and twenty five hours and you
get a certificate and you that waves the ability to
or that waives the requirement for.
Speaker 3 (09:19):
You to take the language test. Oh wow, So there
are there are ways around it. You know.
Speaker 4 (09:23):
Malta is their official languages English, Greek. Unfortunately, if you
have to reside there for at least seven years before
you can apply for passport. But then yes, you have
to as you said with your Hungarian, you would have
to learn a very complicated language.
Speaker 1 (09:38):
Yeah, okay, So will you ask her if we are
the only country that takes people that are immediately on
the coverany that's a political question, not a Heidi question.
Speaker 2 (09:48):
Uh, Mandy, ask her about Canada. I mean that's Canada again.
Speaker 3 (09:53):
Also, Canada is a very popular program.
Speaker 4 (09:55):
However, they modified that pretty quickly a couple of years ago.
So now the startup where they put the government will
put you in again for indirect investment with startup companies
and you can be as involved or as a hands
off as you'd like, and that puts you through the
path's way to a permanent residency.
Speaker 1 (10:15):
How do people prove the descent? How do you have
to do that? This texture said, what if I prove
I have near distant family in that country, I have
family in Scotland and polandh what is that process of
proving descent?
Speaker 4 (10:28):
Well, each country has different rules, so in the case
of Scotland you can only go back one generation.
Speaker 3 (10:33):
In the case of Italy you can go back almost infinity.
Speaker 4 (10:36):
But there's a lot of litigation right now that's changing
a lot of those rules. So I would just say,
reach out, tell me where you're from. We have a
whole dissent program and department that is over headquartered in
Europe that can go through that process with you in
the country that you're applying and decide and can help
(10:57):
you determine whether you're eligible.
Speaker 1 (11:00):
Somebody said, can you ask about people who don't have
a large savings account for investment? Is this just one
avenue to move to these countries. Are there other avenues
that maybe are more cumbersome or more difficult.
Speaker 3 (11:13):
Well, dissent will be your least expensive.
Speaker 4 (11:15):
If you don't have that lineage, then you can certainly
look at things like digital nomad visas. There's passive income
visas which are like retirement visas, and those do not
have a direct path to citizenship or permanent residency. So
those are still somewhat temporary, but it allows you in
a different avenue.
Speaker 1 (11:33):
Yes, somebody asked, if I just want to be a
dual citizen, do I have to live in the other country?
Can you buy property there and never live there and
still have those same opportunities?
Speaker 3 (11:44):
So here I we'll just post the challenge to that.
So COVID it's a great example.
Speaker 4 (11:49):
We had a lot of clients that had second homes
in various countries, including the Caribbean, and when COVID happened,
if you weren't a resident with a permanent residency card
or a citizen of that country, it didn't matter if
you had a five million dollar or twenty million dollar property.
Speaker 3 (12:04):
You were locked out of that country. So could you sure?
But as we know the world is always changing, and
that doesn't necessarily guarantee you access.
Speaker 1 (12:13):
Okay, somebody asked about I guess is there a place
they can go and find out what country? Somebody asked
about Australia because you mentioned New Zealand, which is extremely
expensive to get to, But what about Australia.
Speaker 4 (12:27):
So Australia doesn't have a program currently they shut theirs down.
Speaker 3 (12:31):
They used to have those on the points in the
merit system.
Speaker 4 (12:33):
I used to live in Australia and that's how I
got in back in my I was in my twenties.
Speaker 3 (12:37):
Now it's all.
Speaker 4 (12:38):
Very expensive, very similar type of programs to New Zealand,
where your entry level is going to be in the millions. Again,
trying to curb the ongoing kind of increase in kind
of migration, and really more thoughtful in their foreign direct investment.
Speaker 1 (12:57):
Heidi Finn is my guest. She is with the company
called the Latitudes Group. I put a link to their
website that it is latitudeworld dot com. Heidi, this is
fascinating stuff and I just think it's interesting because I
love to travel, and every time I travel, one of
the things I do that my husband laughs at every
single time is I am constantly looking at real estate right,
(13:18):
I'm like, what is this little apartment in Greet's gonna
cost me?
Speaker 2 (13:21):
And it's for sale and let me find out.
Speaker 1 (13:23):
But now you've given me reason to like, actually, look right,
I mean, really, is this something that we want to
invest in? And as I say always, I always want
to hedge my bets just I'm one of those people
that Heidi, I appreciate the info today.
Speaker 4 (13:38):
Absolutely well. I appreciate you having me and again reach out.
Please we have an office here in Colorado if you'd
like to do it one on one.
Speaker 3 (13:45):
Or just a phone call like this or meet in person,
happy to do.
Speaker 2 (13:47):
It all right. That's Heidi fin with Latitudes Group.
Speaker 3 (13:50):
Thanks Heidi, thank you, take care you too,
If you have ever pondered the notion of leaving the
United States for some foreign land for either retirement or
maybe you're just hedging your bets politically whatever works for you,
and have thought to yourself, that sounds interesting. But I
wouldn't even know where to start. My next guest guest
is exactly where you start. Her name is Heidi Finn.
She is the head of the Denver office of the
(00:22):
Latitude Group. They're a company that helps people establish second residency,
second citizenship, dual citizenship, rather and various places around the world.
Speaker 2 (00:31):
First of all, Heidi, welcome to the show.
Speaker 3 (00:34):
Thank you many thanks for having me.
Speaker 2 (00:36):
So what exactly do you guys do?
Speaker 3 (00:39):
So we help.
Speaker 4 (00:40):
People that are looking for residency and citizenships in foreign countries.
Speaker 3 (00:44):
Motivations are different.
Speaker 4 (00:46):
Some people want to expand a business, some people want
to send their kids to European schools. Some people look
at it as a geopolitical hedge. Some people want to
buy property increase the rental portfolios.
Speaker 3 (00:57):
There's a various amounts of reasons, but we help them
do that.
Speaker 1 (01:00):
So are there countries around the world that are easier
or have better incentives? Tell me, because I don't think
most people realize that there are nations that offer really
kind of really nice packages or incentives to get you there,
like make it easy for you to move there, whereas
in some places it's downright impossible.
Speaker 3 (01:21):
Well, I wouldn't call any of the countries easy.
Speaker 4 (01:24):
There's definitely a lot of bureocratic paperwork, but some are
faster than others. So the Caribbean, you could get a
passport a second passport in four to six months, whereas
some European countries like Portugal have a backlog of applicants
that can be two to five years.
Speaker 2 (01:39):
Oh wow.
Speaker 4 (01:40):
So it just depends on your timelines and kind of
your tolerance. But all of these programs, the really unique
thing about them is that you can apply for them
here in Colorado without picking up on a jet and
starting your residency by moving. And a lot of people
look at that, like myself.
Speaker 3 (01:57):
I'm a mom.
Speaker 4 (01:57):
I have a nine year old and I started this
process mainly because I want to send my kid to
a European schools, and in doing so, I realize that
you have to plan for that. It's not just let's
go tomorrow. It's like building a house. You have to
have your permit in place, before you can start construction.
So it's the same type of thing. If you want
to move overseas, your passport isn't enough as an American
(02:18):
because you're in on a tourist visa, so you need
something that will allow you to stay longer.
Speaker 3 (02:22):
So people start the process now.
Speaker 1 (02:24):
So give me an example of what that process might
look like. And you just mentioned Portugal, and Portugal is
popping up everywhere on best places to retire. I mean,
it's really kind of having a moment. So if I
come to you and say, Heidi, I would like to
get dual citizenship in Portugal, walk me through what happens next.
Speaker 4 (02:42):
Okay, so the cariat is rules are changing as we're
speaking right now, but as it stands, what you would
do is go through quite a bit of extensive due diligence.
So all of these countries will require background checks that
require clear criminal background.
Speaker 3 (02:59):
Then there's an invest peace.
Speaker 4 (03:00):
There's either a donation to the government an investment in
government bonds funds like European stock markets in each country.
So in the case of Portugal, Portuguese stock market. They
removed the ability to purchase real estate, so some countries
will still allow you to do that. Portugal is not
one of those, but you'll start that process.
Speaker 3 (03:22):
We identify funds that you may want to invest in.
Speaker 4 (03:25):
Some of them can be things like renewable energy, cultural,
all types of crypto, any type of thing that There's
about thirteen funds that are in the Portuguese stock market
that you can look into. You don't have to pile
all your money into one, it just has to be
The minimum requirement in the case of Portugal is five
(03:46):
hundred thousand euros and then you wait.
Speaker 3 (03:50):
The backlog right now is about two years.
Speaker 4 (03:53):
You get your permanent or temporary residency card, and think
about residency cards like green card. We understand that as
an American, a green card allows you to permanently stay,
but then after five years, the way the current laws
are written, you then have the ability to stick with
that green card or you could apply for a passport.
(04:13):
The unique thing about Portugal, it's one of the fast
tracks to Portuguese citizenship. But what that does is you
have to remember that it's part of the European Union.
So once you have a European Union or you have
an EU passport, then all twenty seven member states open up.
Speaker 3 (04:30):
So in the case of residency.
Speaker 4 (04:33):
If you apply for residency in one country, then you
have to stay in that country. But if you have
an EU passport, then you can move to any of
the twenty seven member states. So Spain closed their program
last year, but if you have an EU passport, you
can pick up and move to Spain, which is a
lot of our clients here in Colorado. It's a pretty
popular destination to do.
Speaker 1 (04:53):
This is fascinating and it's almost like they're wanting to
bring in immigrants, which is great, but they I want
to make sure they're immigrants that are going to contribute
rather than be a drain on their system. Does that
seem fairly accurate? Well, think of it this way.
Speaker 4 (05:11):
All of these programs, whether you're looking at Europe, whether
you're looking at South or Central America, or over in
South Pacific in New Zealand, Australia, and over in Asia,
including the United States, who has the largest immigration program
in the world. EB five, it's all about foreign direct investment.
These governments are looking for foreign direct investment in exchange
(05:33):
for a residency or a citizenship.
Speaker 3 (05:36):
So these programs aren't designed to.
Speaker 4 (05:40):
Or they don't appeal to a lot of people that
don't you know, looking for digital nomad for instance, that
doesn't have a clear path to residency or citizenship, whereby
these programs do.
Speaker 3 (05:49):
And so that's what these governments are trying.
Speaker 4 (05:51):
To do, is to prop up some of their economy
through this investment in exchange for something that Americans want,
and that's options.
Speaker 1 (05:59):
What are the trees that are easiest to establish residency
and that you guys work with right now, Well.
Speaker 3 (06:05):
The Caribbean's the fastest.
Speaker 4 (06:06):
So there's four programs down in the Caribbean that can
get you a passport.
Speaker 3 (06:10):
So that's citizenship in four to six months.
Speaker 1 (06:13):
Wow.
Speaker 3 (06:13):
Panama's another in Central America.
Speaker 4 (06:15):
There you can actually purchase a real estate piece. It
has to be government approved anywhere from two hundred and
fifty thousand dollars, which you can't buy anything here in
Colorado for that, and that gives you something in Central America.
Speaker 3 (06:28):
One of our most popular in aside from Portugal, is Greece.
Speaker 4 (06:32):
There you can buy again property for two hundred and
fifty thousand as a minimum euros and you get an
EU residency. Keep in mind that residency in Greece means
that's only for Greece, whereas if you have a Portuguese passport,
for instance, that allows even twenty seven members.
Speaker 2 (06:49):
States EU passed.
Speaker 3 (06:50):
So it really just depends.
Speaker 1 (06:52):
Yeah you said, you said Portuguese passport, but an EU
oh I see, because Greece isn't in the EU.
Speaker 2 (06:57):
Okay, gotcha correct? Gotcha there correct.
Speaker 4 (06:58):
Mald does another another very attractive one, although the timeline
is a bit longer, but it's also right around that threshold.
The smaller thresholds are very popular when it comes to
two hundred and fifty three hundred thousand dollars entry rates,
and then New Zealand's probably one of the more expensive
when it starts at three million, but you'll have a
permanent residency, which permanent residency within a month. We've got
(07:22):
several clients that have gone through that already. So it
really just depends. If you've got people that are opening
up businesses and are looking to expand they may look
at different programs than someone like look a retiree that
may look at as you mentioned Portugal having its moment
affordability healthcare, you can you can add your clients onto
your application.
Speaker 3 (07:42):
Your kids can go to school.
Speaker 4 (07:43):
In Europe, you can buy property in other places. So
motivations are as varied as likely your audience.
Speaker 2 (07:51):
So Heidi, let me ask you this.
Speaker 1 (07:52):
I've got a couple questions on our text line, Mandy.
If you get new citizenship, how does that affect your
US citizenship?
Speaker 2 (07:59):
What are we looking at it here?
Speaker 3 (08:01):
It doesn't, so you are able to hold dual citizenship.
Speaker 1 (08:05):
So basically it doesn't have any impact. You just decide
which passport you're flying under.
Speaker 4 (08:10):
Well, correct, I have three, So I'm American by birth,
I'm British, I have a British passport by marriage, and
my mom fled World War Two in Germany when she
was twelve, and so I have German based on dissent.
So that's also another popular one. If you have any
kind of European lineage in your background. The most affordable
option Italian being a very popular one. German is another.
(08:34):
We have some Scandinavian countries. We have certainly a lot
of varied programs through Europe. But that's another way to
follow it without having to do a large investment. It
just takes a lot longer to do that, and rules
are continually.
Speaker 1 (08:47):
Changing and you most of the time have to learn
the language, which is why I'm not holding a dual
citizenship passport for Hungary right now because the language, I
don't know if I will.
Speaker 3 (08:58):
Well yes and no.
Speaker 4 (08:59):
So in the case of mind for dissent because my
family was persecuted by the Nazis, there is an exemption
for that if you go through a Portuguese school, one
of the two that is approved by the Portuguese government.
You take one hundred and twenty five hours and you
get a certificate and you that waves the ability to
or that waives the requirement for.
Speaker 3 (09:19):
You to take the language test. Oh wow, So there
are there are ways around it. You know.
Speaker 4 (09:23):
Malta is their official languages English, Greek. Unfortunately, if you
have to reside there for at least seven years before
you can apply for passport. But then yes, you have
to as you said with your Hungarian, you would have
to learn a very complicated language.
Speaker 1 (09:38):
Yeah, okay, So will you ask her if we are
the only country that takes people that are immediately on
the coverany that's a political question, not a Heidi question.
Speaker 2 (09:48):
Uh, Mandy, ask her about Canada. I mean that's Canada again.
Speaker 3 (09:53):
Also, Canada is a very popular program.
Speaker 4 (09:55):
However, they modified that pretty quickly a couple of years ago.
So now the startup where they put the government will
put you in again for indirect investment with startup companies
and you can be as involved or as a hands
off as you'd like, and that puts you through the
path's way to a permanent residency.
Speaker 1 (10:15):
How do people prove the descent? How do you have
to do that? This texture said, what if I prove
I have near distant family in that country, I have
family in Scotland and polandh what is that process of
proving descent?
Speaker 4 (10:28):
Well, each country has different rules, so in the case
of Scotland you can only go back one generation.
Speaker 3 (10:33):
In the case of Italy you can go back almost infinity.
Speaker 4 (10:36):
But there's a lot of litigation right now that's changing
a lot of those rules. So I would just say,
reach out, tell me where you're from. We have a
whole dissent program and department that is over headquartered in
Europe that can go through that process with you in
the country that you're applying and decide and can help
(10:57):
you determine whether you're eligible.
Speaker 1 (11:00):
Somebody said, can you ask about people who don't have
a large savings account for investment? Is this just one
avenue to move to these countries. Are there other avenues
that maybe are more cumbersome or more difficult.
Speaker 3 (11:13):
Well, dissent will be your least expensive.
Speaker 4 (11:15):
If you don't have that lineage, then you can certainly
look at things like digital nomad visas. There's passive income
visas which are like retirement visas, and those do not
have a direct path to citizenship or permanent residency. So
those are still somewhat temporary, but it allows you in
a different avenue.
Speaker 1 (11:33):
Yes, somebody asked, if I just want to be a
dual citizen, do I have to live in the other country?
Can you buy property there and never live there and
still have those same opportunities?
Speaker 3 (11:44):
So here I we'll just post the challenge to that.
So COVID it's a great example.
Speaker 4 (11:49):
We had a lot of clients that had second homes
in various countries, including the Caribbean, and when COVID happened,
if you weren't a resident with a permanent residency card
or a citizen of that country, it didn't matter if
you had a five million dollar or twenty million dollar property.
Speaker 3 (12:04):
You were locked out of that country. So could you sure?
But as we know the world is always changing, and
that doesn't necessarily guarantee you access.
Speaker 1 (12:13):
Okay, somebody asked about I guess is there a place
they can go and find out what country? Somebody asked
about Australia because you mentioned New Zealand, which is extremely
expensive to get to, But what about Australia.
Speaker 4 (12:27):
So Australia doesn't have a program currently they shut theirs down.
Speaker 3 (12:31):
They used to have those on the points in the
merit system.
Speaker 4 (12:33):
I used to live in Australia and that's how I
got in back in my I was in my twenties.
Speaker 3 (12:37):
Now it's all.
Speaker 4 (12:38):
Very expensive, very similar type of programs to New Zealand,
where your entry level is going to be in the millions. Again,
trying to curb the ongoing kind of increase in kind
of migration, and really more thoughtful in their foreign direct investment.
Speaker 1 (12:57):
Heidi Finn is my guest. She is with the company
called the Latitudes Group. I put a link to their
website that it is latitudeworld dot com. Heidi, this is
fascinating stuff and I just think it's interesting because I
love to travel, and every time I travel, one of
the things I do that my husband laughs at every
single time is I am constantly looking at real estate right,
(13:18):
I'm like, what is this little apartment in Greet's gonna
cost me?
Speaker 2 (13:21):
And it's for sale and let me find out.
Speaker 1 (13:23):
But now you've given me reason to like, actually, look right,
I mean, really, is this something that we want to
invest in? And as I say always, I always want
to hedge my bets just I'm one of those people
that Heidi, I appreciate the info today.
Speaker 4 (13:38):
Absolutely well. I appreciate you having me and again reach out.
Please we have an office here in Colorado if you'd
like to do it one on one.
Speaker 3 (13:45):
Or just a phone call like this or meet in person,
happy to do.
Speaker 2 (13:47):
It all right. That's Heidi fin with Latitudes Group.
Speaker 3 (13:50):
Thanks Heidi, thank you, take care you too,
The Mandy Connell Podcast News
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