Rich getting 2nd passports due to instability

I got an Irish passport that allows me to reside in any EU country in 2007 during the Bush Administration when the expensive and embarrassing misadventures in Iraq and Afghanistan plus the near economic depression in the late stages of his term made me fearful for the survival of the nation.

intercst

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Yep, I have my escape hatch through Ireland as well.

This time looks much worse.

The lie to me about tax cuts crowd, who are constantly denying their racism, as if…will destroy this country. The misogyny is off the charts as well.

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I’m keeping movnorth.com bookmarked myself, just in case. I don’t think I easily qualify for a foreign passport anywhere in particular.

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So in other words, you over reacted? :slight_smile:

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Start listening better. What is being said could never be over reacted to.

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A second passport may not be enough for the super wealthy according to the article.
The wealthy are building “passport portfolios” — collections of second, and even third or fourth, citizenships — in case they need to flee their home country.

Recent high-profile examples of second citizenships include billionaire tech investor Peter Thiel, who added a citizenship in New Zealand, and former Google CEO Eric Schmidt, who applied for citizenship in Cyprus.

The top destinations for supplemental passports among Americans are Portugal, Malta, Greece and Italy, according to Henley & Partners.

Harder to tell how many may return from abroad to work/struggle/fight to save both the Constitutional Republic and a decent future for the world in the short term.

I am happy here in Mexico with the rights I gain by dual citizenship, but a civil war crisis al Norte would be a catastrophe for me, my Mexican neighbors, and the world.

With Putins and ilk unleashed there would be few nice places.

d fb

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At least some of that heat for multi-passports is offshore accounts. Different from our intentions. If the ultra-rich need five countries to run to, how many offshore accounts in Cyprus are we talking about?

We are talking about two different reactions/reasons.

Some folks want the IRS to go in one direction. Others want hate to go their way.

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One thing’s for sure. These Rich People won’t be setting up residency in small government, free-for-all, free market countries. They’re all going to “evil socialist” civilized countries as befitting people of means.

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If you’re talking about the Booshywooshy era, he overreacted. History has proven that. If you’re talking the specter haunting the nearer term…?
Yes, The lamps (could be) going out all over (the USA), we (might) not see them lit again in our life-time. Cannot be over-reacted too.

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@FCorelli

“His term”, seems singular to me. We are looking at a Grande Finale.

Being too old to work, and not rich enough to buy entry, I have one possible exit: deportation as an “undesirable”. Where to? My dad’s birth certificate says his parents were born in Canada, so I would be tossed across the river.

I would land in Windsor destitute however. I think it is safe to assume that all my life savings would be seized before I was deported.

I can’t remember if it was “The US and the Holocaust” or “The Rise of the Naz!s” that reported how much of the German federal budget in the late thirties was funded by money and property the government had stolen from the people it had either run out of the country, or tossed in a concentration camp. I can’t remember the exact amount, but it was something like 20-25% of the annual budget.

It occurs to me that those currently advocating deporting millions of Hispanics might be thinking the same thing. Seize all the money and property of the Hispanics being deported. And use it how? Probably another tax cut for the “JCs”.

Steve

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Anyone on this path do not open up foreign bank accounts. The other side will set the IRS on you. The IRS will love to go after the smaller accounts overseas first. Wasting their funds so the rich are investigated later.

If you have to escape mean it later.

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Not as good as a passport, but easier and cheaper to get (for most people) is the Spanish non-lucrative visa. You can get a residence visa if you can show proof of income (about €28,800/year) and health insurance, and promise not to work.

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Not really. Traveling on the Irish passport saved me about $600 in visa fees on a month long cruise of South America and the Antarctic Peninsula in 2008.

https://retireearlyhomepage.com/antarctic/antarctica_1.html

intercst

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