When you have all of your eggs in one basket, i.e. you live, work, bank, invest, buy real estate, store your gold, structure your company, operate your business, surf the web, etc. all within the same country of your citizenship, you're taking on a lot of 'sovereign' risk.
If one thing goes wrong in that country, whether you end up on some 3-letter agency's list, or you get sued because your neighbor's stupid kid fell in your swimming pool, suddenly all of those assets and interests are at risk.
With the click of a mouse button, a single phone call, or the whisk of a fountain pen, any judge or bureaucrat can shut you out. They can put a lien on your home, freeze your bank account, confiscate your personal property, shut you out of your email, shutter your business, seize your gold, etc.
This is the whole point of international diversification... what we call 'planting multiple flags'. If you use the system against itself and spread those assets and interests around the globe-- banking in Hong Kong, structuring a company in Nevis, basing an email account in Norway, storing gold in Singapore, etc.
With this level of diversification, suddenly those assets no longer fall under the control of a single government.
The ultimate in this international diversification is obtaining second citizenship; aside from being a fantastic insurance policy, it's a ticket to a whole new world of opportunity and freedom.
To give you an example, buried deep within the US Senate Bill 1813 are provisions that would allow the US government to rescind the passports of US citizens if they are deemed to be seriously delinquent in their tax obligations.
As tax matters are typically administrative issues, however, there would be no court hearing to see if there has actually been any wrongdoing, no judicial appeal. Just punishment.
Such provisions hardly seem appropriate in the Land of the Free, yet the bill is a testament to how far the basic liberties of the American people have been eroded over the years.
In this capacity, a second passport would provide instant options. For someone who has been wrongfully impugned, a second passport is like a get out of jail free card.
Moreover, it gives you the right to live and work in another country (or perhaps several), increasing your options and potential new experiences around the world. You'll find that you can do business in more places, travel more freely, and have greater comfort and security in your life.
As we're fond of saying, nobody ever hijacks an airplane and threatens to kill all the Lithuanians. There are no evil men in caves plotting to blow up buildings in Uruguay. There are no angry crowds in Karachi protesting civilian casualties from Panama's unmanned drone fleet.
And perhaps most importantly, there are no banks or brokerages around the world closing their doors to Slovenians simply because nobody wants to do business with their government.
Now, there are a number of ways to obtain a second citizenship... but again, the quickest and cheapest route is a Dominican Passport. Please contact us for information. BankerTrust@gmail.com
