So, what is Schengen Area exactly and how does visa-free travel work within it?
If you are not an EU citizen, and want to visit Schengen Area, you get from 90 to 180 days that you can spend there.
The Schengen area is one of the most developed and liberal parts of the world.
It is a visa-free travel zone made up of 26 European nations – 22 EU states and four other nations Iceland, Liechtenstein, Norway, and Switzerland.
Bulgaria, Croatia, Cyprus, and Romania are legally obliged to join following their accession to the EU.
However, if you are a tier A passport holder, coming from USA, Australia, Canada, New Zealand, things might be somewhat complicated for you.
Though your passport is a solid travel document, you might face many rules, regulations, exceptions, policies and other issues that could make your life difficult.
When acquiring a second passport, ascertain that it will actually give you access to European Schengen Area, so that you can travel easily through most of Europe.
If you want to do business in Europe, but aren't sure where to begin, here's some insight to get you started:
Subscribe to our channel and stay tuned for more videos and information about second passports, offshore strategy, reducing your taxes and going where you're treated best.
ABOUT NOMAD CAPITALIST
Andrew Henderson travels to nearly 30 countries every year to stay up to date on the latest legal strategies for entrepreneurs and investors to pay less tax, grow their money faster, and build their personal freedom.
Andrew started Nomad Capitalist to help people like you follow his five magic words: "go where you're treated best". He has personally started foreign companies, opened offshore bank accounts, and obtained multiple second passports.
He also learned the hard way that perpetual information seeking is often the biggest barrier to getting the results you want. Many entrepreneurs spend months and even years constantly researching how to pay less in tax or live overseas, but are afraid to make the jump.
As a result, they get stuck and keep paying a fortune in taxes and never get the lifestyle they deserve.
Nomad Capitalist's Youtube channel is based on Andrew's vision that focusing on the end result, rather than the latest shiny object, is the best way to actually obtain the benefits of the Nomad Capitalist lifestyle.
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