Quote:
Originally Posted by The Cobra
Buying a home in a particular country does not equate to residency. You actually have to live there the majority of the time. His country would be where he lives.
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Buying a home in most countries does not usually give you residency status beyond your ability to live there for the duration of your tourist visa. Residency, except in the case of Gold Visa or Investment Visas (in some countries) requires that you are employed in a sector that requires your specific skill/education. In addition, your residency stipulates you must spend a predetermined number of days per year in said country. That said as a billionaire, there may be some alternate routes as I'm sure many countries would welcome his tax revenue.