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 [...]
I’m reviewing and clarifying my ideas related to the Five Flags theory of diversification in preparation for my opening remarks at the Wealth Summit I’m hosting in Panama in October. If you’re new to the idea, the Five Flags are to do with residency, citizenship, banking, assets, and business. Not everyone needs all five flags […]
Americans can enter Paraguay via the Silvio Pettirossi International Airport in Asunción without having a visa in advance. Enter the country by road or boat, and you have to obtain your visa before you travel. It’s not a big deal getting the visa at the airport, but it slows you down and costs US$160. It’s […]
The super-rich have a growing number of options for obtaining second passports through economic citizenship. These programs are most attractive to the wealthy from countries whose passports don’t allow for much visa-free travel—Russia, China, and the countries of the Middle East, for example. Spending anywhere from US$100,000 to more than US$2 million depending on the […]
Planting Flags I'm reviewing and clarifying my ideas related to the Five Flags theory of diversification in preparation for my opening remarks at the Wealth Retreat I’m hosting in Panama next month. If you're new to the idea, the "Five Flags" are to do with residency, citizenship, banking, assets, and business. Not everyone needs all five flags [...]
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