I met with a friend recently who is working on his Plan C. My friend (I’ll call him Joe) already has a second residency that is leading to a second citizenship. Now he has established residency in a third country to take advantage of the short timeframe that country requires for one to be married […]
Special Report: World’s Top 8 Second Passport Programs The term “economic citizenship” refers to a passive, one-time investment in a country that leads to citizenship and a second passport. In the 1990s, several countries offered buy-a-passport programs—officially known as Citizenship By Investment Programs, or CIPs—that became corrupted and eventually discontinued because citizens carrying those passports [...]
The Key To Sizing Up Your Tax Burden When Shopping For A New Home Overseas I'm in the United States during election season for the first time in decades. In addition to electing the usual officials in Illinois where I'm staying, the state is holding a referendum to change the state constitution to allow for [...]
An Open Apology To My Daughter (Here’s Why She Doesn’t Have A Second Passport) It wasn’t until after my son Jackson was born, about 20 years ago, that the idea of a second citizenship crossed my mind. Jackson was born while we were living in Ireland. As a result, he was both a U.S. citizen [...]
Beware Black And Gray Market Passports A passport doesn't necessarily mean citizenship. You can obtain citizenship in another country through naturalization... and then, as a citizen, apply for a passport from that country. The other way around doesn't work. I’m talking about what are referred to as grey- and black-market passports. They'll land you in [...]
Serious Legacy Upside Kathleen and I were living in Ireland when our son Jackson was born. I wish we could take credit for being impressively strategic in our planning, but the truth is that Waterford just happened to be our home when Jackson arrived on the scene. You could say that this geographic happenstance turned [...]
5 Best Places To Establish Backup Residency Right Now This is primarily a lifestyle event; the focus is on where and how to live or retire overseas. However, the number of people at this year’s event asking questions about opportunities for backup residencies and second citizenships is significant… many more than at any other Retire [...]
My 7 Top Second Passport Picks The American interested in establishing residency or citizenship in Europe has more options today than ever in history, depending on how much time and money you're looking to spend to achieve the objective. If you have the budget, for example, you could make a 250,000-euro donation to the arts [...]
How Could Panama’s Residency And Citizenship Programs Be Better? A friend in Panama who is connected to the country’s new president is soliciting ideas for improving the country’s immigration programs. The goal is to attract higher net worth business people. His question for me was: What would make Panama more competitive? That is, looking around [...]
Offshore Living Letter is a publication of Live and Invest Overseas. Our goal is to provide timely, actionable information on all things offshore, including: how to go offshore, diversifying your portfolio, wealth creation, protecting your assets, and much more.
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