Posted on 05/13/2022 4:31:37 PM PDT by blam
In another note of optimism for our country, Americans with money are officially starting to stockpile second passports as “Plan B” for their families.
In fact, Americans who are citizenship or residency in foreign countries “has skyrocketed” over the last 3 years, according to a new report from Insider/Yahoo News. The report says that billionaires and entrepreneurs, along with celebrities, are all looking for a backup plan to the red, white and blue, should the proverbial stuff hit the fan.
Among the worries of the rich remain Covid, climate change and political turmoil, the report says.
There are more than a dozen countries that offer what are called “golden passports” and visas, the report says. These passports allow foreigners to get citizenship solely for investments in the country.
For example, Malta has a program where you can receive citizenship for investing $1.1 million. In Austria, that number is $9.5 million.
Latitude Residency & Citizenship helps guide high net worth individuals through the application process. They say inquires from the U.S. are up 300% between 2019 and 2021. Another firm, Henley & Partners, has said that sales to American nationals were up 327% over the same time period.
One partner at Henley said there are “four C’s” driving his citizenship industry right now: COVID-19, climate change, cryptocurrency, and conflict.
The executive told Insider: “In the very strict lockdowns there was a point where if you only had an American passport, you could not enter Europe. I think that made a lot of particularly ultra high net worth individuals realize that they’re potentially a little bit more fragile than they thought.”
Reaz Jafri, CEO of Dasein Advisors, told Insider that he had seen more inquiries from Americans in the last 3 years than he had in the 20 years prior to that, combined.
“We’ve all lived through the past two and a half years. It all just reminded us how vulnerable and frail we are, and people who have means are accepting that it will happen again — and they don’t want to be caught off guard,” Jafri said.
Ezzedeen Soleiman, a managing partner at Latitude, commented: “We see these programs as an insurance policy. We’ve had some billionaires approach us and ask what’s the best place to live if there’s a climate catastrophe, or if there’s another storm, or another global pandemic.”
Has any of the immigration lawyers cashing these millionaire’s checks told these geniuses that a climate catastrophe would likely affect the entire Earth and not just the United States?
We digress…
Through an accident of birth i’m fortunate enough to have two. Its always good to have an exit plan.
Two U.S. passports?
I would’ve thought that if you got a new one, the old one was voided.
Won’t help them. The coming dictatorship will be worldwide. “You’ll own nothing but you’ll be happy”.
Exactly. There’s no way out.
“There’s no way out.”
A pirate’s life on the high seas?
Practical example: there's a town on the Vermont/Quebec border called Derby Line. For years many pregnant women who lived just to the north,in Quebec,were brought to a hospital in the US to deliver.Having been born in the US their kids were automatically US citizens and having one,or both parents,being Canadian citizens the Canadian government automatically considered them Canadian citizens. Therefore..."dual citizenship".
A US passport, plus passport from another country or two.
Ukraine has a big sale going on
When things go bad, people want to know they have another place to live. Really, the demographics in the U.S. have changed quite a bit in the past 20 years, and the globalists are intent to import more people, and give them citizenship to destroy traditional American culture. It’s not surprising that some people are looking for a more normal country in which to live. Who wants to live with the Antifa or BLM rioters?
The picture in the article is misleading. Not two US passports. A US passport and a passport issued by another country
And these same people fearing another lock down worshipped Fauci and railed against any not getting the deadly vaccine.
Man these people are something else.
I see. My daughter was born in England when I was stationed there. She has a U.S. passport, but she also has a British Birth Certificate, which I think she COULD use to get a British passport.
As I recall there’s a region in South America ripe for mass immigration. 3+ countries. Argentina, Brazil, Paraguay, Uruguay. Rich in natural resources. The two percenters amongst us could transform the region into a Hong Kong-like utopia. Contract outside grunt labor in 6 month increments. Outlaw socialism. It would be nirvana. Hitler’s fugitives may have had it in mind.
Baloney article.
“In fact, Americans who are citizenship or residency in foreign countries “has skyrocketed” over the last 3 years, according to a new report from Insider/Yahoo News. The report says that billionaires and entrepreneurs, along with celebrities, are all looking for a backup plan to the red, white and blue, should the proverbial stuff hit the fan.”
Without real numbers this is meaningless.
Suppose there were 20 in 2020.
Perhaps it “skyrocketed” to 100.
There was an increase of 5x!!
https://www.youtube.com/watch?v=1xUD6MWmSAc (David Gilmour)
I was forced to leave California because of the 3rd world toilet it had become. I’ll be damned if I leave this country without a fight.
I believe they are looking in vain.
My assessment is that it is a form of denial and wishful thinking. Or to put it another way: "There is no Sanctuary" (Logan's Run, 1976)
Everyplace is being systematically ruined. The new people who move to the "good places" seem to bring the same dysfunctional politics and culture that ruined the old places from which they came.
Wealthy expatriates from any country are going to be first on the target list for local criminals and government officials as things start to get sparky. And things will get sparky pretty much everywhere as the global system disintegrates.
And how much can the "rich people" trust their own bodyguards? How much can they trust their staff? Especially if they are foreigners.
American expatriates, in particular, will be convenient scapegoats to blame for everything that goes wrong in other countries. I would be headed back to America right now, if I still lived abroad.
The odds are much better to live in a place surrounded by your own national, racial, and ethnic communities. Same as it ever was.
Even more so if you are stuck in a major urban area.
That does not compute. Communism and Fascism are both Socialism.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.