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Author Topic: The rich are getting second passports, citing risk of instability  (Read 1729 times)

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Offline jmyrlefuller

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The rich are getting second passports, citing risk of instability
« on: April 13, 2024, 01:34:45 pm »
https://www.cnbc.com/2024/04/10/rich-americans-get-second-passports-citing-risk-of-instability.html

by Robert Frank
April 10, 2024

Wealthy U.S. families are increasingly applying for second citizenships and national residences as a way to hedge their financial risk, according to a leading law firm.

The wealthy are building these “passport portfolios” — collections of second, and even third or fourth, citizenships — in case they need to flee their home country. Henley & Partners, a law firm that specializes in high-net-worth citizenships, said Americans now outnumber every other nationality when it comes to securing alternative residences or added citizenships.

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.

(excerpt)
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Offline libertybele

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Re: The rich are getting second passports, citing risk of instability
« Reply #1 on: April 13, 2024, 01:35:42 pm »
 :bkmk:
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Offline mountaineer

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Re: The rich are getting second passports, citing risk of instability
« Reply #2 on: April 13, 2024, 01:48:15 pm »
That's what I need, a second citizenship. I wonder if Liechtenstein or Nauru is accepting applications.  :pondering:
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Offline GtHawk

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Re: The rich are getting second passports, citing risk of instability
« Reply #3 on: April 13, 2024, 04:09:29 pm »
Quote from: mountaineer on April 13, 2024, 01:48:15 pm
That's what I need, a second citizenship. I wonder if Liechtenstein or Nauru is accepting applications.  :pondering:
I can pull off the second citizenship no problem, it's that pesky rich issue that I have a problem with **nononono*
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Offline Sighlass

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Re: The rich are getting second passports, citing risk of instability
« Reply #4 on: April 13, 2024, 04:19:59 pm »
Guess I am left with taking a rich person's home when they leave. I'll invite yall over, bring your guns and spare ammo.
« Last Edit: April 13, 2024, 04:21:56 pm by Sighlass »
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Offline banddag

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Re: The rich are getting second passports, citing risk of instability
« Reply #5 on: April 13, 2024, 04:32:43 pm »
My pick would be Iceland, New Zealand, Australia.  Europe will be majority Islamic in another generation.

If Russia was not going back to an authoritarian police state it would have been a great country to emigrate too. It could have been a great country.
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Offline DB

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Re: The rich are getting second passports, citing risk of instability
« Reply #6 on: April 13, 2024, 05:03:17 pm »
Quote from: banddag on April 13, 2024, 04:32:43 pm
My pick would be Iceland, New Zealand, Australia.  Europe will be majority Islamic in another generation.

If Russia was not going back to an authoritarian police state it would have been a great country to emigrate too. It could have been a great country.

New Zealand and Australia went WAY off the rails over COVID. Not long ago I would have agreed with you, but not now.
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Offline libertybele

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Re: The rich are getting second passports, citing risk of instability
« Reply #7 on: April 13, 2024, 05:05:07 pm »
If I could afford it; either Slovenia, Denmark, New Zeland,  or Switzerland

Note that the U.S. isn't on the list.

https://worldpopulationreview.com/country-rankings/safest-countries-in-the-world
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Offline GtHawk

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Re: The rich are getting second passports, citing risk of instability
« Reply #8 on: April 13, 2024, 05:41:05 pm »
Quote from: libertybele on April 13, 2024, 05:05:07 pm
If I could afford it; either Slovenia, Denmark, New Zeland,  or Switzerland

Note that the U.S. isn't on the list.

https://worldpopulationreview.com/country-rankings/safest-countries-in-the-world
Well I can go claim citizenship by blood with Hungary so that would be my destination :shrug:
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Offline Weird Tolkienish Figure

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Re: The rich are getting second passports, citing risk of instability
« Reply #9 on: April 13, 2024, 07:35:09 pm »
America is the best, safest country, period.
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Offline DefiantMassRINO

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Re: The rich are getting second passports, citing risk of instability
« Reply #10 on: April 13, 2024, 07:45:02 pm »
A couple of my wife's relatives are looking into getting Romanian or Croation citizenship ... a little too close to Ukraine and Russia for my taste ... plus, all those E.U. countries are devolving into 3rd World $h!th0le countries.

If I get a second citizenship, it would probably be Uraguay or Namibia.
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