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Japan Plans New Visa For Investors, More Americans Ready To Renounce Citizenship

PLUS: This book has guided governments, media, and corporations for 100 years

Good morning, global opportunists! 

Welcome to the 14th 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:

  • Japan’s Newest Visa 🇯🇵

  • More Americans Consider Renouncing US Citizenship 🇺🇸

  • Society Continues To Fast Track Collapse 🇺🇸

  • 10 Countries That Are Open To Crypto Adoption 🌐

Let’s go!

UPDATE

Japan is setting the stage to welcome a new wave of financial influencers with its forthcoming Angel Investor Visa, designed specifically for venture capitalists and angel investors. This fresh visa category promises a five-year residency, enticing global investors to contribute to Japan's burgeoning startup ecosystem.

Strategic Move: Targeting 13 national strategic special zones, Japan is fine-tuning its approach to foreign investment, easing the pathway for entrepreneurs and investors alike.

Economic Revival: Amidst an aging demographic, Japan is betting big on foreign talent to rejuvenate its economy. The Angel Investor Visa complements the Business Manager residence permit, which has already relaxed its requirements, signaling Japan's commitment to fostering a dynamic business environment and securing its position as a hub for innovation and investment.

UPDATE

A survey from Greenback Expat Tax Services reveals a growing trend: nearly one-third of American expatriates are considering or planning to renounce their U.S. citizenship, a significant leap from the previous year's 20% to the current 30%. This uptick reflects growing frustrations over the complex tax obligations imposed on Americans living abroad.

Tax Troubles Top the List: The primary gripe? The daunting task of navigating the U.S. tax system from afar. Expatriates face the unique challenge of reporting their global income, a process fraught with potential pitfalls and the specter of double taxation, despite mechanisms like the foreign income exclusion and tax credits aimed at preventing it.

Unfamiliarity and Unfairness: Complications extend beyond just income taxes; unfamiliarity with the FBAR (Foreign Bank and Financial Accounts Report) requirements adds to the burden, with a significant minority of expats in the dark about these rules. Adding insult to injury, a whopping 75% feel underrepresented or unfairly treated by the government, exacerbating their disillusionment with their home country's bureaucracy.

UPDATE

In a surprising decision, U.S. District Court Judge Sharon Coleman dismissed gun charges against illegal immigrant Heriberto Carbajal-Flores, citing his clean record (other than breaking US entry laws) and the non-violent context of his arrest. This ruling challenges conventional interpretations of firearm possession laws, particularly under Title 18, which prohibits undocumented individuals from having firearms.

Contextual Controversy: The case gains complexity against the backdrop of the 2020 civil unrest and broader national debates on gun control. Carbajal-Flores argued the firearm was for self-defense during this turbulent period, a claim that intersects with recent Supreme Court decisions expanding gun rights, such as the notable New York State Rifle & Pistol Association v. Bruen case.

Implications and Insights: This judicial decision stirs further discourse on the Second Amendment's application, especially in the context of illegal immigrants. It reflects a nuanced legal landscape where individual rights, public safety, and immigration status converge, prompting a hypocritical stance on gun ownership regulations in the United States from the Left.

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UPDATE

Seeking the ultimate crypto tax havens? 2024's lineup includes global frontrunners like El Salvador and Dubai, where digital currency gains are met with open arms and tax incentives. These nations are reshaping the financial landscape, offering everything from zero capital gains on crypto to enticing exemptions for savvy investors.

Strategic Sanctuaries: From Singapore's regulatory clarity to Switzerland's crypto-friendly ethos, these countries are not just about the tax breaks—they're building ecosystems where digital assets thrive, supported by forward-thinking policies and a welcoming attitude towards innovation.

MARKET REVIEW OF THE WEEK

Santiago, Chile 🇨🇱

Santiago's real estate scene is hot, fueled by a growing populace and job-seekers flocking for better opportunities. High-demand zones are seeing property prices skyrocket, while less coveted areas offer bargains.

Building Battles: With the city squeezed by its geography and red tape, developers hustle to erect high-density dwellings and eye the outskirts for expansion. The market's craving modern, connectivity-centric apartments, a hit with youth and small families.

Renting in Santiago: A Spectrum

High Demand, Varied Tastes: Rental properties, especially urban apartments, are in vogue, catering to a mixed bag of tenants from students to families, all chasing the city's economic pulse.

Evolving Expectations: The rental realm is reshaping, with preferences tilting towards spaces that blend work-from-home readiness with lifestyle perks, nudging a demand shift towards suburban sprawls or tech-smart homes.

BOOK OF THE WEEK

Propaganda

Propaganda by Edward Bernays, published in 1928, is a seminal work in the field of public relations and media studies. In the book, Bernays argues that the manipulation of public opinion is a necessary part of democracy. He posits that a small elite, controlling the mass media, can influence and mold public opinion, essentially engineering consent among the masses. This, he suggests, is crucial for the smooth functioning of society, as it helps in the integration of individuals into specific societal frameworks and agendas.

Bernays delves into the techniques of propaganda, illustrating how the media and leaders can shape public perception through various means. He emphasizes the power of symbols, events, and the creation of news to influence public opinion and achieve desired outcomes. The book is both an acknowledgment of the potent power of propaganda in shaping modern society and a guidebook for using it. While controversial for its candid endorsement of manipulation, Propaganda remains a foundational text in understanding the dynamics of influence and control in mass communication.

THAT’S ALL FOR THIS WEEK

Thank you for your support, I’ll see you next Friday with more global updates.

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If you’d like to get in contact with me, please reach out to me by sending a DM on Twitter: @sovereignatlas

Greece

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