{"id":11869,"date":"2017-06-02T09:00:01","date_gmt":"2017-06-02T13:00:01","guid":{"rendered":"http:\/\/www.escapeartist.com\/?p=11869"},"modified":"2022-07-29T12:15:17","modified_gmt":"2022-07-29T17:15:17","slug":"benefits-second-residency-government-targets","status":"publish","type":"post","link":"https:\/\/www.escapeartist.com\/blog\/benefits-second-residency-government-targets\/","title":{"rendered":"Benefits of a second residency when a government targets you"},"content":{"rendered":"

Several\u00a0 years ago, when an NBA player had his passport revoked in transit.\u00a0 Only his US residency saved him from being sent back to his home country to face the government. This article will cover why you want a second residency and how it can help when a government targets you. <\/span><\/p>\n

Here\u2019s the backstory: When this happened, the Turkish government accused <\/span>Enes Kanter<\/span> of terrorism because he supported the political opponent of Turkey\u2019s President Erdo\u011fan. Mr. Kanter is a Turkish citizen and was basically charged with terrorism by his home country. \u00a0<\/span><\/p>\n

Enes had a US green card and a <\/span>Turkish passport<\/span>. He was traveling when the charges came down and Turkey revoked his passport. In most cases, when your passport is revoked, you will be forcibly returned to your country of citizenship. <\/span><\/p>\n

But, in the case of Kanter, he had a US visa. The airport contacted the US government and <\/span>got permission to send him to the United States<\/span>. Once assured that he would be granted entry even though his passport was revoked they put him on the next plane out. <\/span><\/p>\n

The reason the airport needed permission to allow him to fly was that Kanter didn\u2019t have a valid travel document\u2026 his only passport had been revoked. He had a visa, but not a travel document. <\/span><\/p>\n

If he didn\u2019t have that visa, he would have been sent to Turkey. When you haven\u2019t entered the country you\u2019re traveling to, you have no legal rights of appeal. You have no right to an attorney or to dispute the passport revocation. This is why governments wait to cancel your passport until you\u2019re in the air\u2026 no need to go through extradition procedures. \u00a0<\/span><\/p>\n

When you\u2019re in transit, all that can save you from the government of your home country is a second passport or a second residency.<\/span><\/p>\n

Of course, a second passport is the best solution. You don\u2019t need anyone\u2019s permission to continue on your travels. When one passport is revoked, you simply pull out the other one and rebook your flight (assuming your second passport offers visa free access to the country you\u2019re wanting to enter). <\/span><\/p>\n

The reason this article is about visas and second residencies rather than second passports is that second passports are very expensive. Residencies can be had for an investment of only $20,000 or $35,000. Not many of us have the cash for a second passport, but a second residency is within reach. <\/span><\/p>\n

For example, a second passport from Dominica can cost $120,000 to $140,000 depending on your country of citizenship. If you\u2019re a US citizen, costs are lower. If you\u2019re from Turkey or China, costs are higher. For more on Dominica, see: <\/span>A second passport from Dominica is the best value in the Caribbean<\/span><\/a>. <\/span><\/p>\n

Prefer an investment over a purchase? You can get a passport from <\/span>St. Lucia<\/span><\/a> with an investment of $500,000 to $550,000 in government bonds plus $50,000 in fees. Want visa free access to the United States? a second passport from <\/span>Malta<\/span><\/a> will require an investment of $1.2 million plus about $100,000 in fees. <\/span><\/p>\n

If you don\u2019t have this kind of cash lying around, consider a second residency. This isn\u2019t perfect protection, but it does help. If you can get to the country that has given you residency, you <\/span>should<\/span><\/i> be allowed to enter. If you have citizenship, you will be allowed in. If you have residency, you should get in. <\/span><\/p>\n

If you\u2019re from the United States, EU, UK, Canada, or any of the 50 \u201cfriendly\u201d nations, the easiest residency program will be Panama. Invest $20,000 in one of their teak plantations and receive residency in exchange. After 5 years, you can apply for citizenship. For more on Panama, see: <\/span>Best Panama Residency by Investment Program<\/span>.<\/span><\/a><\/p>\n

If you\u2019re seeking protection from the US government, Panama might not be the best choice. While Panama is the easiest and lowest cost, Panama has a history of being at America\u2019s beck and call. From experience, I can tell you that Panama is America\u2019s female dog. <\/span><\/p>\n

I suggest Nicaragua is a better choice for Americans looking to protect their travel rights. You can get residency with an investment of $35,000 in Nica\u2019s reforestation program. And this program is a better value\u2026 more teak for the dollar\u2026 than Panama. <\/span><\/p>\n

The big difference with Nicaragua and Panama is that Nicaragua wants you to move there and Panama doesn\u2019t have a physical presence requirement. Nicaragua requires you spend 180 days a year in the country and expects you to become a part of the community. Panama exchanges its residency visas for cash and doesn\u2019t care how much time you spend there.<\/span><\/p>\n

I\u2019ll close by reminding you that <\/span>the United States revokes more passports than any other country<\/b>. If you owe back child support, are sued for any reason, are charged a crime, or <\/span>owe more than $50,000 to the IRS<\/span>, your passport can be revoked. <\/span><\/p>\n

If your passport is revoked while you\u2019re in transit, you\u2019ll be returned to the issuing country. If you have a visa to another country, you might be allowed to go there instead. If you have a second passport, you can travel anywhere you have visa free access. <\/span><\/p>\n

I hope this article on the benefits of second residency when your government comes after you have been helpful. For more information on second passports and second residencies, please contact us here<\/a>.<\/strong><\/p>\n

Here’s a great read: The Ultimate Guide to Going Offshore<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Several\u00a0 years ago, when an NBA player had his passport revoked in transit.\u00a0 Only his US residency saved him from being sent back to his home country to face the government. This article will cover why you want a second residency and how it can help when a government targets you. Here\u2019s the backstory: When […]<\/p>\n","protected":false},"author":686,"featured_media":31797,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","om_disable_all_campaigns":false,"footnotes":"","_jetpack_memberships_contains_paid_content":false},"categories":[1399],"tags":[127,301,442],"yst_prominent_words":[1716,8183,2501,2278,3429,2544,1888,2276,5450,1887,16217,2132,5446,3029,16218,3238,1804,2376,2222,2498],"acf":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/www.escapeartist.com\/wp-content\/uploads\/2017\/06\/key-96233_1280.jpg","_links":{"self":[{"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/posts\/11869"}],"collection":[{"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/users\/686"}],"replies":[{"embeddable":true,"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/comments?post=11869"}],"version-history":[{"count":10,"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/posts\/11869\/revisions"}],"predecessor-version":[{"id":46217,"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/posts\/11869\/revisions\/46217"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/media\/31797"}],"wp:attachment":[{"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/media?parent=11869"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/categories?post=11869"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/tags?post=11869"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/yst_prominent_words?post=11869"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}