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 [...]
When establishing a Plan B or backup residency, most people look for the easiest option… but “easiest” isn’t a one-size-fits-all concept. This debate came up during a conference call with my editorial team earlier this year. We realized that we’d used the term “world’s easiest residency” in two different articles, one referencing Colombia, the other […]
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 [...]
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 [...]
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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