A
second passport, or an economic citizenship passport is harder to
get then it once was. Why is that, you may
wonder. The reasons are not complex; in fact they are rather straight-forward
and easy to understand. The US government has gone broke. They don't want
you to go away with your money, they want to steal it. How did they go
broke? Since 1949 they have been throwing wars like a teenage nymphomaniac
throws parties. The combination of Chaney and Bush was more than the economy
could bear. They ran up a twelve
trillion dollar debt by starting a totally meaningless war costing
$720 million dollars a day. The money spent on one day of the Iraq war
could buy homes for almost 6,500 families or health care for 423,529 children,
or could outfit 1.27 million homes with renewable electricity, according
to the American Friends Service Committee, which displayed those statistics
on large banners in cities in the USA nationwide. The bottom line is they
screwed up very bad, squandered billions of dollars and now they need you
to pay for their stupidity. If you get a 2nd passport and flee America
they can't take your money. Therefore they have done everything to keep
you from getting a second passport, closing resources and threatening tax-haven
nations with sanctions. On this page we supply what information we can.
You can get a second passport; it's just harder to get then it was a few
years ago . . . why don't you wait a few more years, then it will
be impossible and you won't have to worry about it. Your fate will
be sealed.
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The
Shrinking World of Second Passports
- We just learned from our sources on the ground that Panama is not granting
US citizens second passports after those people have fulfilled the residency
requirement. Is this the beginning of something new trend? Will other Americans
be denied second passports wherever the US has a cozy relationship with
the issuing government? Many countries like Panama have residency requirements
which take 5 years to get a passport. The problem is, as many US citizens
have recently found out the hard way, anything can happen during those
years leading up to passport eligibility. The solution, an expedited passport.
If there was ever was a need for another citizenship and passport, it is
now. The idea that US citizens need to become a citizen of some other country
simply to invest or bank abroad is unbelievable, and yet that is exactly
where we are at the moment. In addition, matters will only get worse. The
financially stressed US government will chase money and revenue from wherever
it can. . . MORE
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Advantages
of Second Citizenship in Dominican Republic
- With a second citizenship you can – Invest in offshore unit trusts or
mutual funds – Buy and rent out property wherever you choose without punitive
taxation -Avoid electronic logging of your existing passport – Take greater
advantage of offshore business opportunities – Obtain employment worldwide
with the most economic passport available from the Dominican Republic.
We can procure new citizenship for you in as little as 6 months. The very
fact that a second passport opens up the additional options already mentioned
is actually reason enough to obtain one, but in case you need a little
more convincing … Your passport is in fact the property of your government
– and for US citizens, government which claims, and increasingly exercises,
the right to confiscate it at any time. Even if you have sensibly removed
the bulk of your assets to an offshore haven, they are no good to you here
if you are trapped in your home country because your passport is no longer
valid or has been confiscated. Most countries have laws which allow them
to restrict not only entry but also exit from the territory. Exchange controls
can be imposed overnight and the necessary legislation is already in place
in the US . . . MORE
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White,
Grey, and Black 2nd Passports: What’s the Difference?
- I am frequently asked by folks about how to acquire a 2nd passport.
As you may imagine there are a multitude of ways to acquire one, some good,
some bad, some ugly. In this article we will discuss a general overview
of what I consider the 3 categories of 2nd passports and how they are acquired.
For the purpose of this article, I have classified them into 3 categories:
White, Grey, and Black. Please be advised, this is not a recommendation
for either category, only generalized information to help you make the
right choice on direction as well as pitfalls to avoid. White 2nd Passport.
A white 2nd passport is divided up among 3 subcategories; ancestral or
cultural, naturalization, or economic. Acquiring a 2nd passport through
ancestral or cultural methods is typically the easiest and least costly
way to go about the process. For example, if your parents or grandparents
are from Ireland, you have the ability to (relatively) easily acquire citizenship
and a passport from Ireland. The same holds true for many European
countries. An EU passport is widely accepted around the world and
is an excellent travel document. If you can acquire citizenship and a passport
through one of these methods, this is highly recommended. In many
cases it is as simple as filling out some forms and submitting the recommended
documentation like birth certificates.
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8
Signs that the US Government is Making it Harder For You to Become an Expat
- One of the most common reasons for wanting to expatriate from the
United States is the concern about government overreach. Many feel that
the expansion of government in recent years has been chipping away at the
freedom and liberty that the country was founded upon. What with more and
more agencies, regulations, surveillance, and mandates, the right to privacy
and self - determination is steadily shrinking right along with financial
outlooks. So, are you among the increasing number of people who feel that
the only real solution is to get out of the country? Well, using the exact
same tactics that are driving you away, the government appears intent on
preventing you from leaving. Changes that have recently been put in place
as well as proposals for future changes in rules and regulations might
be intended to discourage. But they might also drive your resolve to take
your destiny into your own hands and do whatever it takes to make your
move overseas.
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The
Many Benefits of a Second Passport
- Passports are a relatively modern invention. Until about
a century ago, entering one country didn’t generally require official proof
of citizenship or nationality in another one. The rise of nation-states,
nationalism, and especially World Wars I and II made it essential for international
travelers to present passports when they entered a country. Today, governments
increasingly use passports as instruments of coercion. For instance,
U.S. citizens can be denied a passport simply for owing money to the IRS
or in child support payments. Even U.S. citizens living abroad must
pay tax on their worldwide income. If they fail to do so, the government
can decline to renew their passport. Since governments use passports to
enforce coercive laws and regulations, it only makes sense for those with
the means to do so to acquire a passport from another country. The least
expensive option is to obtain economic citizenship from Dominica. Under
this country’s program, you may acquire citizenship and passport in return
for a cash contribution. Total costs including all fees for a single
applicant come to about $105,000. Add $25,000 if you need a passport
for your spouse and up to two children under 18. Dominican passport
holders can travel without a visa, or obtain a visa upon entry, to nearly
100 countries and territories. You can also live or work in most
members of the Caribbean Community (CARICOM), including Antigua & Barbuda,
Barbados, Belize, Grenada, Guyana, St. Kitts & Nevis, St. Lucia, St.
Vincent & the Grenadines, Suriname, and Trinidad & Tobago.
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How
and Why to Acquire a Second Passport Legally
- Should I even mention the tax benefits available? Or how not to
get caught in Big Brother’s tax net? In recent years, many countries have
been altering their tax code thus making financial privacy difficult at
best. However, if you have more than one nationality you can reduce and
even legally eliminate your tax burden. Most high-tax countries exempt
foreigners who live there for less than 6 months in a given year and some
even have multi-year exemptions like Sweden. Once you obtain your second
passport you can live tax free in these high-tax countries as a foreigner.
Certainly we have all heard the stories from “Lifestyles of the Rich and
Famous”. By having a second passport you can enjoy that type of lifestyle
once only the secret of multimillionaires. Don’t you think they all have
a second passport? It has always been my experience that if you want to
live like the multimillionaires, you need to emulate their choices. Today
there is no need to run afoul of the law or even be a multimillionaire
to acquire that coveted second passport. There are multiple was to obtain
one now as many smaller countries have programs in place to attract educated
workers and capital.
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What
the Facebook Co-Founder’s Story Really Means
- By now, most readers will be aware that Facebook co-founder Eduardo
Saverin, Brazilian by birth and an American citizen since 1998, left his
adopted homeland in 2009 for Singapore and filed papers to renounce his
US citizenship last fall. Of course, none of this was noticed until the
hype of the Facebook IPO brought him back into the spotlight, triggering
a storm of faux outrage and indignation over Saverin’s “disloyalty”. It
was only a matter of time before someone had to fix it and, right on cue,
two US Democrats stepped in to propose a new, draconian tax law to capitalize
on the mania. There’s only one problem: Saverin didn’t actually do anything
wrong. According to current regulations, a US citizen deemed a covered
individual* who renounces citizenship pays an exit tax that treats his
currently-owned stock holdings (and virtually all personal assets for that
matter) as if they’d all been sold on the day of expatriation.
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The
Ascendence of Sociopaths in US Governance By Doug Casey
- An International Man lives and does business wherever he finds
conditions most advantageous, regardless of arbitrary borders. He’s diversified
globally, with passports from multiple countries, assets in several jurisdictions
and his residence in yet another. He doesn’t depend absolutely on any country
and regards all of them as competitors for his capital and expertise. Living
as an international man used to be just an interesting possibility. But
few Americans opted for it, since the US used to reward those who settled
in and put down roots. In fact, it rewarded them better than any other
country in the world, so there was nothing pressing about becoming an international
man. Things change, however, and being rooted like a plant, at least if
you have a choice, is a suboptimal strategy for surviving and prospering.
Throughout history, almost every place has at some point become dangerous
for those who were stuck there. It may be America’s turn. For those who
can take up the life of an international man, it’s no longer just an interesting
lifestyle decision. It has become, at a minimum, an asset saver, and it
could be a life saver. That said, I understand the hesitation you may feel
about taking action; pulling up one’s roots (or at least grafting some
of them to a new location) can be almost as traumatic to a man as to a
vegetable.
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(The
Easiest) Way to Get a Second Passport? (Plus, How It Can Save Your Life
When Things Go Wrong!) by Bill Freeman
- Did you know that many of the best investments in the world, and the
best banks, refuse to deal with citizens of certain countries? Americans
are the main losers here – the U.S. government has made it virtually impossible
for foreign banks to do business with U.S. citizens. Why? To keep your
money under the control of the government! It gets worse. If you’re a U.S.
citizen or permanent resident, the U.S. government has assigned itself
the right to tax your income, no matter where you live. The only way you
can legally opt out of this worldwide taxation is by expatriating. Is expatriation
right for you? I don’t know, but it’s certainly something you should be
fully aware of. You need to weigh up the facts – pros and cons – as they
apply to your individual situation. Expatriation is not as big a step as
it sounds… provided you already have a second passport in place. This process,
that has become popularly known as the ‘Billionaire’s Loophole,’ is explained
in detail in the free report Second Passport Secrets Big Brother Doesn’t
Want You to Know. To get your copy, sign up at . . . MORE
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Does
Your Family Tree Hold the Key to Your Second Passport? By Susan Beverley
- Your first requirement is to identify the nationality, place of
birth and country of domicile of each member of your immediate family,
going back as far as your maternal and paternal grandparents. If
you’re married, your spouse should do the same. It may be very obvious
to you that your father is British for example, if he was born and raised
in the UK, but just moved abroad in adult life, he will be British by domicile
and nationality. In other cases, it can be more complex to determine.
For example, if your paternal grandfather was born and raised in Ireland
but emigrated to America and was naturalized there before your father was
born, does that make your father American or Irish? Generally speaking,
it makes your father an American by birth and by domicile. However,
for every close relative you have who has a less than clear path of nationality
and citizenship in the nation in which you or they now reside, there is
a chance that they could offer you the key to a second passport! If you
have any siblings or aunts and uncles who have relocated abroad and adopted
another nationality, or who have gained residency and citizenship elsewhere
overseas, make a note of these people and their status too when plotting
your family tree. If it helps, literally draw your family tree to
plot out whose background you will need to research. MORE
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Why
Retire With One Passport When You Can Have Two? By Susan Beverley
- Americans who move abroad quickly discover that despite the fact
they carry an internationally recognised passport and herald from what
is arguably the most powerful and influential nation on earth, most international
banks and financial institutions will not assist them when they want to
open even the simplest bank account. These reputable institutions
simply do not want the ‘hassle’ of having to contend with the all powerful
US Internal Revenue Service, and many of them are extremely open about
the fact. As useful as it is to know that most banks won’t assist
you and that your nation will tax your worldwide income, assets and gains
if you’re an American, it’s not a particularly advantageous position for
you to be in, therefore a second passport could potentially be the perfect
answer to your dilemma. Europeans who relocate overseas such as British
and Irish citizens soon discover that their passport is not such a financial
restriction because their nation differentiates between residents and citizens
when it comes to most forms of taxation – unlike America. However,
there are still long-term tax planning advantages potentially available
to those from Europe who obtain a second passport particularly when it
comes to estate planning – and then there are the lesser talked about advantages
such as the fact that some countries will discriminate against you if they
don’t like the country you hold a passport from. This is a harsh
reality – but if you prefer to think of it in a more politically correct
or palatable way, consider the fact that on entry into international airports
worldwide there are always different queues at immigration depending on
which passport you hold. Well, wouldn’t it be nice if you could whip
out the passport that allowed you to join the shortest queue possible and
answer the fewest questions to gain entry into that country! MORE
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Emigration
& Retirement in Italy - But
what of those buyers looking for a different kind of property in Italy?
Where do you look to buy if you are not keen on renovating your own property?
Italy is notoriously short of new-build properties on the kind of developments
that attract foreign buyers. However, the most traditional part of the
country, and the area that is often derided by other Italians as being
backward, is leading the way in allowing developers to create coastal projects
and build the kind of properties that attract people who are not necessarily
Italophiles from the outset. Calabria, along with the other southern provinces
of Italy, has been leading the way in these new developments, aiming at
a market sector that has previously been left to other countries in Europe
to service. Rather than trying to sell the Italian culture or lifestyle,
these new developments are aimed at those buyers who are looking for a
property in a warmer climate, near the sea, and with good rental potential.
Many of these buyers are not concerned by buying in any particular country,
and are prepared to be flexible to get the best deal. These new developments
are not on the same scale as what can be found elsewhere in southern Europe,
but are smaller, more intimate developments of a few villas or apartments
set around communal leisure facilities. They are mostly low-rise in nature
in order to protect the coast from excessive overbuilding, and being the
first into the area, are mostly very close to the beaches. Some properties
have been available for as little as €122,355 (£96,650) for
a one bedroom apartment. MORE
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Immigration
to Mexico
- When it comes to comprehensive, compelling and even downright controversial
topics, there’s no denying that immigration in Mexico is a hot button for
today’s news and headlines. From Americans migrating to Mexico to enjoy
a better healthcare system to Mexicans in search of a better life immigrating
to the United States, it seems that everyone has an opinion about immigration
in Mexico. In this article, we’ll discuss two primary topics that revolve
around immigration in Mexico: becoming a resident of the country, and immigration
from Mexico. Immigration to Mexico - There’s no denying that the international
community is starting to take an interest in immigration to Mexico.
As Mexico starts to enjoy the benefits of a growing economy, a more comprehensive
and free healthcare system, lower crime rates and an increasingly lucrative
industrial standard, immigration to Mexico is looking up. It’s estimated
that between 40,000 and 80,000 Americans have migrated to Mexico (experts
suspect that this is a direct result of the booming retirement population,
and the fact that Mexico has a universal healthcare system), while citizens
from South American countries like Chile, Argentina and Colombia are moving
to Mexico in droves. MORE
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Place
Your Resource On This Page -
Do you have a resource for this page? Place a video on our expat
video site, place the words "Asset Protection"
in the tags for the Video. People watch the videos and the videos for Asset
Protection are linked from this page. If you don't have a video you
can place a classified in our Offshore
Classified Section for $1. We want
to hear about your resource and we want to share it with others.
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Moving
Money Offshore By Jay Butler Asset Protection Services Ltd
- The Internal Revenue Service (IRS) considers all income reportable regardless
of the source or location derived and most assets held offshore are reportable,
however some are not. When looking to preserve your assets it is important
to understand the difference between taxable income and reportable assets.
Here are 3 ways to legally move money offshore without any requirements
to report it to the United States government, the IRS or international
regulatory agency. 1.) Opening an Offshore Bank Account - >
> > MORE
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The
Secrect Key To Getting Your Offshore Checking Account In Ecuador (without
Being a Resident)
- I don’t think I have to spell out the enormous benefits of having
a bank account in another country. For one, you can take money out of the
ATM when in that country without paying fees. Deposit money and pay bills
without having to transfer the money into the country every time; and not
to mention, tax advantages with regards to your home country.
In Ecuador, you can get that offshore bank account you desire. The
problem is that the official word in Ecuador is that a foreigner can’t
get an account without a local ID card, given out when you are already
a resident on one of the resident visas. I know what you’re thinking...
"OK, but I just arrived, and not on a resident visa but simply a tourist
one, so how can I get an account now?" Here is the trick; avoid the
big banks of Ecuador, with the stricter policies, and head for the smaller
banks, there are several, preferably the ones whose main colors are green
or red…
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Obtaining
Residency And A Second Passport From The Dominican Republic - The
Dominican Republic does offer an "instant" economic citizenship program
for only $30,000, much less than any other worthwhile program, however
if you wish to go the route of getting residency and an eventual passport
the process and cost involved for both residency and eventual naturalization
makes it one of the best bargains around. Yes, it takes a bit longer than
the instant program, but the cost savings reflect that. The Dominican Republic
is also one of the best places in the Caribbean for bargain Caribbean Real
Estate, Tax-Free Banking, (in dollars or PESOS) and the added bonus of
a beautiful climate should your interests include a comfortable place to
call home. - If you're not in a hurry, this is the way to go. [not
instant - low priced]
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Obtaining
Residency In Uruguay - Our special relationship with agents able
to get legal residency in Uruguay. The country of Uruguay offers many advantages
to the foreign or offshore resident, thus its reputation as “the Switzerland
of South America” - Funds can enter Uruguay freely, that is, no withholding
taxes or government fees affect transfers of money into the country. Gaining
residency in Uruguay is a fairly simple process but does not result in
an "instant" passport. Also see: Uruguay's
New Tax Rules - - Understanding What Really Changes For Investors, Expats
& Foreign Nationals. Uruguay Is A Tax Haven! With International
Banks, Offshore Corporations & A Free Trade Zone - Juan Federico
Fischer, Esq. is recommended by EscapeArtist.com [not
instant - medium priced]
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Become
a Resident of Belize - Residency In Belize, Get It While You Can (An eBook)
- Belize has rescinded its Investors Passport Program, but there is still
a way to get a Belizean Passport and one of the most important things you
can do to protect your future and the future of your family is to get a
second passport. The process of getting residency in Belize is straight
forward and uncomplicated, especially when you have Bill & Claire Gray
providing an easy to read explanation of how to go about getting Belizean
residency for you and your family. Bill & Claire Gray, authors, Belize
Relocation Guides and long time residents of Belize supply the answers,
the facts and the forms for residency in Belize through the Belize 'residency'
program, plus they provide you with the pathway to a passport, a work permit
and more. When will Belize rescind its residency program just as they did
their passport program? You can wait and find out, or you can get this
report for 20 bucks and insure your future. Retirement? This report also
has all the forms and instructions to gain retirement status in Belize.
[not
instant - low priced]
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Privacy
Is A Psychological Necessity -
We live in a world where privacy and individuality are under attack. The
right to privacy is more than an abstract necessity, it is also a psychological
necessity. If we do not have the right to privacy, we do not own the rights
to our own lives. Individuality entails making value judgments independent
of political, religious or social dogmas. In making value judgments
we make choices. In today's world, if the choices we make differ
from the status quo then we come under pressure to 'toe the line'. There
is no line to toe. We live in an intellectual vacuum, where short of the
logical choices we make in our own behalf, there are no other values. Our
Magazine & Websites stress privacy and living our life by our own standards,
protecting what is ours from those who have not earned it. Defeating the
New Internet Privacy Threat - thoughts not approved by the
Prowlers That Be and that something is to be done about it. It’s no wonder
they are concerned: Thoughts can quickly turn into beliefs, and when you
put enough sound ones together, consider them for a while and let it all
sink in – you end up with something dangerous that is inevitably going
to spread.
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Each
day American Citizens lose more and more of their fundamental rights.
Many of these rights were given up in the name of “national security.”
It’s a very slippery slope. Scholars have debated the erosion of civil
rights caused by the passage of the Patriot Act. A recent unanimous amendment
to a Senate transportation bill may have just cost Americans the right
to travel. - Senator Harry Reid of Nevada was successful in amending a
Senate highway funding bill to now allow the IRS to revoke or limit the
passports of U.S. taxpayers who are seriously delinquent in their tax obligations.
- Under the measure, if one owes more than $50,000 and the debt is at the
levy or lien stage, the IRS can request the State Department revoke the
taxpayer’s passport. America abolished debtor’s prisons in 1833 but the
new measure is pretty similar - Americans freedom and liberty can be curtailed
until the taxman is paid.
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The
Cost of Living in Belize
- But let me tell you about the prices I am paying here and you can reach
your own conclusion. Tuesdays and Fridays are market days here in Belmopan.
Defying the heat, I take my big shopping bag, load it with the fruits and
vegetables available – which usually means oranges, grapefruit, pineapples,
papayas, water melons, carrots, cucumbers, spinach and tomatoes, and I
pay around $12 – no hassle, no cheating, no bargaining like in some other
countries where prices double as soon as they see gringos. Then I go on
to the bakery to buy two loaves of brown bread, $2.25 each, followed by
a visit to the meat shop: chicken breast and ground beef for $3.50 per
package. From there I proceed to the supermarket. There are two types of
supermarkets: Belizean-owned shops like Brodies, and Chinese supermarkets.
I found that Brodies is usually somewhat more expensive though not on all
products, but it is clean and air-conditioned. This cannot be said about
the Chinese supermarkets, where I witnessed two school girls stepping on
a rat’s tail last week. I don’t know who squealed louder, the girls or
the rat. The Chinese seemed unimpressed.
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