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 […]
The Dominican Republic is right now a land of opportunity. This country is among the best places to buy real estate in 2017, and certain areas in this country are the absolute best places to be shopping for affordable beachfront retirement digs and a great place to think about buying to let. Net rental yields […]
I have more than a dozen bank accounts outside the United States, most associated with various businesses and investments. I have two accounts for every entity, but few entities have more than two. Why would anyone want or need more than two accounts for a single entity? The de-risking era is answering that question for […]
When we were living in Ireland, that country still offered jus solis (right of the soil) citizenship. It was the last Western European country to do so. If you were born in Ireland, you were automatically a citizen. That’s how our son Jackson got his Irish citizenship… by being born on the island. One perk […]
Two colleagues have had children in the past year outside the United States. In each case, the child has one American parent and one non-American parent. Both children have the citizenship of the country where they were born, the home country of the non-American parent in each case, and both children are eligible for U.S. […]
At the most practical level, a second citizenship is useful for travel. The EU isn’t the only economic community in the world. You also have Mercosur in South America, for example, whose member nations include Argentina, Brazil, Uruguay, Venezuela, Bolivia, and Paraguay. While Mercosur is fundamentally an economic treaty, holding a passport for a Mercosur […]
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