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 [...]
The 4 Best Places To Get A Passport In 2020 How many countries the document allows you to travel to visa-free… Residency requirements (both to earn the passport and to maintain it), language requirements, and whether or not the country allows dual citizenship… As well as how long the naturalization and approval processes typically take… [...]
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 [...]
Three Cautionary Tales—How Not To Go Offshore I'm hearing regularly from readers struggling with how, specifically, to get started planning and benefiting from a life diversified offshore. Should they start with a second residency... many want to know... Or an offshore bank account? Is a property purchase a good initial step... or would it be [...]
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 [...]
What’s The Problem With Portugal? Ireland, Spain, France, and Italy might all make it into the answers of a Family Feud survey about where people like to live and retire in Europe. Portugal, on the other hand, probably wouldn't. Yet I would include Portugal among my top three options for anyone looking to make a [...]
I’ve been spending time and investing money in Colombia and reporting on those adventures for almost 10 years. Still, people tell me I’m crazy. You could find things to complain about in Colombia… as you could anywhere. However, safety and security—both personal and financial—aren’t among them. What might you want to complain about in Colombia?
The Trouble With Having A Second Passport I became a dual citizen about 12 years ago after being naturalized in Ireland. For years leading up to that point and for years after, I recommended Ireland as a top choice for obtaining a second passport through residency. Then, in 2011, Ireland changed its residency laws. The [...]
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.