Hanging in ₿everly Hills today, home of the ₿evers. image
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Happy 4/20 Daily Dose for @Sergio Smoke one for me. I’ll smoke one for you.
Happy international cannabis day 4/20.
GM, much love and aloha. Daily Dose for @Sergio
Several countries have residency programs that allow healthy, financially independent individuals to settle without requiring investments, often under "non-lucrative" or "financially independent" visa categories. These typically require proof of sufficient income or savings to support oneself without working locally. These programs generally target healthy individuals who can support themselves without burdening the host country’s economy. Requirements vary but typically include proof of income/savings, health insurance and clean criminal records. It could even be as much as showing you have 1 BITCOIN in some places (WHOLECOINER) COUNTRIES THAT ARE DOING THIS Austria: Offers a "Settlement Permit – Gainful Employment Excluded" for financially independent individuals. Applicants must show stable income (e.g., pensions, investments, or savings), health insurance, and accommodation. No investment in businesses or property is required, as noted in the image. Spain: Provides a Non-Lucrative Visa for individuals who can prove sufficient financial means (around €28,800/year for a single person, as of my last data) and private health insurance. It’s designed for retirees or those with passive income who won’t work in Spain. Portugal: The D7 Visa targets financially independent individuals with passive income (e.g., pensions, rentals, or investments). The minimum income requirement is around €820/month for an individual, plus health insurance and proof of accommodation. France: Offers a "Visitor Visa" (Visa de Long Séjour Visiteur) for those who can demonstrate financial self-sufficiency (around €1,500/month) and won’t engage in local employment. Health insurance and proof of residence are required. Italy: The Elective Residency Visa is for financially independent individuals with stable passive income (minimum €31,000/year for a single person). Applicants must show they won’t work in Italy and have suitable accommodation. Greece: Has a Financially Independent Person Visa, requiring proof of €2,000/month in passive income, health insurance, and a place to live. No local employment is allowed. Malaysia: The Malaysia My Second Home (MM2H) program allows residency for those over 50 (or younger with certain conditions) who can show liquid assets (e.g., MYR 1.5 million, ~$350,000) and monthly income (e.g., MYR 40,000, ~$9,000). No investment is strictly required, though some deposit conditions apply. Thailand: The Non-Immigrant O-A/O-X Visa for retirees (over 50) or financially independent individuals requires proof of monthly income (e.g., 65,000 THB, ~$1,900) or savings (e.g., 800,000 THB, ~$23,000). Health insurance is mandatory for some categories. Panama: The Pensionado Visa is open to those with a guaranteed pension of at least $1,000/month, while the Friendly Nations Visa allows residency for financially independent individuals from certain countries who establish a bank account with $5,000 (not strictly an investment). COUNTRIES THAT TAKE CRYPTO BALANCES AS PROOF OF WEALTH Antigua and Barbuda St. Kitts and Nevis El Salvador Vanuatu Grenada Hong Kong (residency only, not citizenship) Source: IA image
Happy Friday. Daily Dose for @Sergio to ease into the flow of the incoming weekend 😎
Oil is ‘the master economic resource’ while Bitcoin is ‘the master store of value.’ Oil provides the energy that does the work to make the world go round. Bitcoin is the safest way to store built-up value when everything else is falling apart. As we all know, Bitcoin is tied to energy and is extremely scarce.
In California, the top 1% pay half of all taxes. But it goes deeper than that. In the first half of 2024, nearly 10% of California’s income tax came from stock gains tied to just four tech giants—Nvidia, Alphabet, Meta, and Apple. This shows how much wealth these few companies are creating, especially through stock-based pay to employees. California’s tax system heavily depends on income from wealthy individuals, many of whom work in tech and earn big when stock prices rise. While this brings in a lot of money when the market is booming, it also makes the state’s finances vulnerable if tech stocks drop. Source: IA