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28 contributions to Expats & Nomads Network
Dubai is dead, Long live Dubai
This is pure speculation but here is one possible outcome in the GCC - Iran causes global energy, financial and food (and water in GCC) crisis - USA financial crisis follows - During the war, GCC states are brought to their knees, food and water crisis + security drives many people and businesses away - USA is forced to vacate their military bases and commercial military agreements with all gulf states - GCC real estate crashes badly, people race for the exits - GCC is depressed for 1-10 years but then after.... - the USA and allies lose the war badly, Trump does a TACO and finds an off ramp - GCC states realign with Russia and or China for both military protection, arms and trade - GCC states make deals with Iran for passage of Hormuz and also increased commercial trade - PetroYuan gains some initial traction - China and Russia are major winners, not only in the region but on global stage and power Then some of GCC will have a chance of re-emerging from the ashes In the meantime, Hong Kong and Singapore become increasingly attractive as the global finance and wealth hubs.. and switzerland will gain as well. What do you think ?
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Paraguay implements crypto disclosure rules
Now you must report to the govt if you transact over $5000 a year in crypto.. bad news for freedom Here is a English summary of DNIT General Resolution No. 47 (March 10, 2026) regarding crypto transactions in Paraguay. Summary — DNIT General Resolution No. 47 (Cryptoasset Reporting) Purpose The Paraguayan National Directorate of Tax Revenue (DNIT) established a mandatory reporting requirement for transactions involving cryptoassets.The goal is to identify, monitor, and control economic activity with cryptoassets to ensure proper tax compliance. 1. Mandatory Reporting All cryptoasset transactions must be reported to DNIT by certain obligated persons through an Informative Sworn Declaration (Declaración Jurada Informativa de Criptoactivos). 2. What Counts as a Cryptoasset A cryptoasset is defined as a digital representation of value using blockchain or similar technology, not issued by a central bank. Examples included: - Cryptocurrencies - Utility tokens - Stablecoins - NFTs - Other digital tokens Excluded: - Central Bank Digital Currencies (CBDCs) - Financial instruments regulated under securities laws. 3. What Counts as a Crypto Platform Any system or entity that enables crypto activities, including: - Centralized exchanges (CEX) - Decentralized exchanges (DEX / DeFi) - Wallet providers (custodial or non-custodial) - NFT marketplaces - Staking platforms - Lending / yield farming services - Any infrastructure enabling crypto transactions 4. What Transactions Must Be Reported Any activity involving cryptoassets, including: - Creation or minting - Mining - Buying or selling - Exchanges between cryptocurrencies - Transfers between people or wallets - Payments using crypto - Staking rewards - Lending or yield farming - Participation in network validation or consensus - Any use or transfer of cryptoassets 5. Who Must Report Two main groups: 1. Crypto platform operators in Paraguay Owners or administrators of crypto platforms operating in the country.
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Citizenship by merit
If you are looking for a new citizenship, have you considered citizenship by merit. There are several countries that offer it, some are unofficial But if you have some special skill and or contribute to the country, you can get citizenship quickly in many cases. Have you considered this? And for what countries?
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Nauru CBI discount
USD 25,000 discount applies from 3 February 2026 for all current or new applications filed before 30 June 2026. What that means in practice: - Principal applicant contribution: USD 90,000 during the offer period - After the offer, the standard contribution appears to revert to USD 115,000 A few other official details that may matter: - The program is the Nauru Economic and Climate Resilience Citizenship Program - Applications must be submitted through a licensed agent - The official site says processing is typically 3 to 4 months - The program allows inclusion of family members, including spouse, dependent children, parents, and siblings - It advertises dual citizenship and no minimum stay or visit requirement. Also note that there are fees on top of this for agent etc. If you were looking at Nauru, now is the time to pull the trigger ! What do you think? would you get a Nauru passport for $90k? or the regular price of 115k
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How many countries have you been to?
Do you like to visit a lot of different countries? do you keep a list and check them off? How many countries have you been to? What are your favorites ?
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Ray Merlin
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