Owning a second passport through dual citizenship in another country is an integral part of international diversification. The idea is that no government should have sole power over your life or your assets. If you are the citizen of only one country, as most people are, you are essentially at the mercy of your government. If they decide to jail you or confiscate your assets, most of the time youre on your own.
The most telling example of how second passports have saved lives and assets is during World War II, when thousands of Jews were saved from concentration camps thanks to second passports that they managed to get through diplomats from various European countries. For every Jew who managed to get a protective passport, there were countless others who didnt simply because from the sheer quantity of applications.
A much more current instance will be the revolution in Egypt exactly where numerous individuals wanted to leave however the only destinations accessible to these individuals, due to the origin of their passport, were countries such as Syria where the revolution was in full swing as well.
If those people had an adequate second passport, they could have seen the chaos on their televisions, instead of out of their bedroom window. Rather, they had no other choice than to remain in location whilst bullets had been flying.
An essential point right here is the fact that those that currently had a second passport prior to the scenario began to deteriorate didn’t need to wait in line. They got out of the country safely and quickly along with their assets.
The US Government is constantly making it harder for its citizens to apply for and renew their passports. One example of this is a proposal that would allow the government to invalidate your passport if you dont file your tax return in time.
How to Get A Second Passport
This really is not info which you will discover on Wikipedia. Actually, there’s not much (correct) information available on how to actually get a dual passport. The industry is filled with snake oil sales individuals who assert that they are able to get you a legal passport in 30 days, as if passports are freely accessible for anybody who applies.
You essentially have two options to acquire a second passport:
Naturalization (i.e. become resident of a country and wait a couple years until you can apply for citizenship). Some countries like Schweiz require you to live in the country for twelve years before they let you apply for citizenship, while others, like Singapore, might force you as a new citizen to go through their two year military service. There are countries out there though that allow you to apply for citizenship after only as few as three years of residency. During this residency you dont even have to live in the nation, it may be sufficient to go to once a year during this naturalization period. The fast track option is to buy a citizenship via investments in particular nations, frequently called an economic citizenship.
More About Second Passports
If youre searching for a great dual passport that provides Visa-free travel to Europe and a number of places in Asia, but you dont want to wait many years or spend tens of a large number of dollars to acquire 1, Paraguay is really a good option. You can have a Paraguay passport with your name and picture in it after as few as three years. A second passport is a really useful insurance in the event of social unrest, political turmoil, main lawsuit, financial collapse, and so on. Require help with getting one?