Good morning, global opportunists! 

Welcome to the 38th article from The Sovereign Atlas! Every Friday we publish quick updates that benefit your global sovereignty lifestyle. 

Here’s what we’ve got this week:

• Ghana Proposes CBI 🇬🇭

• US Tax Rates Getting Closer to Communist Levels 🇺🇸

• Swiss Gov Wants Higher Taxes For Foreigners 🇨🇭

• Market Sentiment = Extreme Fear 😱

Let’s go!

UPDATE

Ghana Proposes CBI

Ghanaian presidential candidate Nana Kwame Bediako has proposed a $50,000 Citizenship-by-Investment (CIP) program to attract African investors and raise $50 billion for the nation. The initiative, part of Bediako’s campaign for the December 2024 election, aims to offer Ghanaian passports to one million Africans in exchange for investments in sectors like gold, oil, and agro-processing.

African Unity

Bediako’s plan is tied to his vision of a “United States of Africa,” aiming to bolster Pan-African unity through economic cooperation.

UPDATE

US Headed For a Communist Revolution

Kamala Harris's tax plan promises higher taxes for the wealthy and supposedly cuts for middle- and lower-income Americans (where have we heard that before?). Key changes include restoring the 39.6% tax rate, increasing capital gains tax to 28%, a 25% tax on unrealized gains, and a 25% minimum tax on billionaires.

UPDATE

Switzerland Wants More Taxes

Switzerland is considering several anti-foreigner proposals ahead of its elections. A key measure would prevent dual nationals from serving as MPs, aiming to tighten national loyalty requirements. Another proposal targets foreigners’ taxes, suggesting a flat rate based on residency, with foreigners paying more than Swiss nationals in certain cases.

No More Dual MPs

Critics argue that banning dual nationals from parliament could alienate Switzerland’s sizable foreign-born population.

Tax Changes

Foreign residents may face higher taxes, aiming to discourage foreign workers and incentivize Swiss citizens.

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UPDATE

BTC Dips Amid “Extreme Fear”

The crypto market is in "extreme fear" as Bitcoin drops below $56,000, with further downside expected. Arthur Hayes, former BitMEX CEO, predicts Bitcoin could slide beneath $50,000 this weekend, as market sentiment remains fragile due to weak U.S. economic data and fears of interest rate hikes.

Market Panic

The Fear & Greed Index fell to 22, reflecting heightened concerns after a $29.7 billion market cap drop.

Widespread Liquidations

Crypto long bets, led by Bitcoin and Ether, saw $94 million liquidated in the past day.

MARKET REVIEW OF THE WEEK

Guyana 🇬🇾

Guyana's real estate market is thriving, driven by its booming oil industry, improving infrastructure, and growing foreign interest.

Rental Yields & Opportunities

Rental yields in Guyana, particularly in urban centers like Georgetown, are on the rise. High demand for housing, fueled by the influx of expats from the oil sector, has led to increased rental prices, with some apartments renting for $1,000–$2,500 per month, depending on the area. Commercial properties are also seeing robust growth, especially near new infrastructure projects such as the Lethem-Georgetown road, which enhances connectivity​.

Niche Developments

Eco-tourism and agri-tourism developments are emerging as niche sectors, especially in areas like Anna Regina and Lethem. These regions are attracting investment for eco-lodges and sustainable tourism properties​.

Investment Outlook

The discovery of oil reserves continues to draw foreign investors to Guyana. Investment opportunities abound in residential, commercial, and eco-tourism properties, especially in fast-developing cities like Georgetown, Lethem, and Corriverton​.

BOOK OF THE WEEK

Ancient Remedies

In Ancient Remedies, Dr. Josh Axe explores the healing power of traditional medicine systems like Ayurveda and Traditional Chinese Medicine (TCM). He highlights the significance of natural remedies, herbs, and dietary approaches that have been used for centuries to treat various ailments. Dr. Axe blends these ancient practices with modern research, offering readers insights into the root causes of health issues such as inflammation and gut imbalances. He provides actionable steps to harness these remedies for common conditions.

The book also delves into personalized medicine, suggesting that everyone’s body requires different approaches depending on their constitution or body type. Dr. Axe presents a comprehensive guide to understanding one's body through this ancient wisdom, incorporating nutrition, essential oils, and herbal treatments to support healing. With detailed protocols for specific health concerns, he offers readers a holistic roadmap for achieving long-term wellness through ancient practices.

THAT’S ALL FOR THIS WEEK

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