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Tag: Economic Citizenship

10 Aug
Diversification Strategy: Planting Five Flags

The Diversification Strategy Of Planting Five 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 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 […]

20 Apr
investing in paraguay

The Travel And Visa Benefits Of A Second Passport

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 […]

05 Jun

Options For Obtaining Second Citizenship And A Second Passport Through Residency

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 […]

27 May
Where To Diversify Your Investments, Your Assets, Your Business, And Your Banking Offshore

Where To Diversify Your Investments, Your Assets, Your Business, And Your Banking Offshore

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 [...]