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There are a multitude of
reasons why obtaining a second passport or citizenship (dual nationality)
may be a smart move. Many people live quite happily their whole lives as
citizens of the country in which they were born. Others build up 'passport
portfolios' which allow them to travel, invest, and minimise taxes to
their best advantage. Which lifestyle you choose is up to you.
However, if any or all of the following apply, you might want to consider
very seriously obtaining a legal second citizenship:
-
Political instability in your country makes obtaining visas for travel
difficult or impossible
-
Your assets are at risk of litigation
-
The tax burden in your 'home' country is unnecessarily high
-
Your present passport may put you at risk from hijackers and terrorists
while travelling
-
You are subjected to punitive currency controls
-
Your freedom to work, invest, and purchase property where you choose is
restricted in any way by your current citizenship.
Not only could a second passport prove useful in terms of making your
life easier and protecting your assets, but if you come from a high-risk
country, it could even save your life. At the very least, you might sleep
better at nights knowing that you have the documentation in place in case
you ever need it.
But how do you go about getting one?
There are basically only three legitimate ways of obtaining a second
passport (and some not quite so legitimate, about which more later).
The first is through your ancestors. In North America, for example, many
people are qualified for a second passport without even knowing it! If
your parents or grandparents immigrated from Europe, there are good
chances you could qualify for a coveted European Union passport.
The second way, is by buying a fast-track second passport. There are two
countries on earth today where you can buy a passport completely legally,
provided you pass certain basic qualifications (such as not being a
criminal). You can read an article about these so-called
Economic
Citizenship programs
here.
The third way to obtain a second passport is through
naturalization. Some
countries are much more liberal than others when it comes to allowing
foreigners to qualify as citizens. Read my article about two of these
countries
here.
All three of the above-mentioned topics are covered frequently in
The Q Wealth Report and at our events in locations around the world.
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IMPORTANT SCAM WARNING: FAKE PASSPORTS - Why You Don't Want One!
If you are caught travelling, trying to open a bank account, or anything
similar, with a fake, stolen, or 'under the table' passport, you are
likely to find yourself in a great deal of trouble - whether you were
aware of the fact or not.
As previously stated, there are a great many fraudulent 'instant
citizenship' schemes offered on the internet, which are neither legal,
nor official, and are worth less than the paper that they are printed on.
Only two countries, St Kitts Nevis and Dominica, actually have a clearly-defined
statutory economic citizenship programme currently in operation that
issues second passports to qualifying investors. This is not to say that
it is impossible to obtain an instant second passport based on investment
from countries other than those two. If you are Bill Gates and are
donating a few billion dollars, many countries might welcome you with
completely legal honorary citizenship. But, don't be fooled by fly-by-night
internet conmen into thinking that a donation of $10,000 or $20,000 will
obtain a special concession for you from some other country. It won't.
So before you part with any money or personal information, or become
otherwise involved in a second passport scheme, make sure (and double and
triple check) that the government of the country to which you are
applying to become a citizen knows and approves of it, and is prepared to
offer all the benefits of citizenship to participants in the scheme.
Otherwise, it may just end up as a costly and possibly legally damaging
waste of time. You could lose your money and find yourself behind bars!
Fortunately, one of the many services offered free of charge to members
of The Q Wealth Report is initial due diligence opinions. Of course,
detailed due diligence and background checks cost money, and we can refer
you to the right people if you need this service, or even if you have
already been scammed and are trying to track down the culprits. Normally,
however, our experienced experts can smell a scam immediately, and a
quick phone call or email can get our initial opinion at no cost. 99% of
offers of instant second passports you will find on the internet are
scams.
Many people have lost money, and some have even found themselves victims
of identity theft and blackmail after falling for these schemes. You
simply cannot be too careful. A
subscription to The Q Wealth Report could
save you all this hassle by pointing you away from the scams, and on the
right track to genuine second passport and citizenship options.
Click
here for more information or to join today! |
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