Monday, May 27th, 2019

The Top 7 Reasons Why You Need a Second Passport

Published on January 6, 2016 by   ·   No Comments

passports

Nick Giambruno

Before World War I, you didn’t need a passport for international travel.

People simply went wherever they wanted. In many cases, they didn’t need any kind of permission from a government agency.

Obviously, that’s not how it works today.

Today, governments use passports to document and control their citizens. In my view, the world would be better off without them.

Of course, passports are not going away. You will continue to need one to travel. This is why you’re better having more than one.

A second passport keeps the government from locking you in. Without it, the government in your home country can effectively place you under house arrest by taking back your passport.

Among other things, having a second passport allows you to invest, bank, travel, live, and do business in places you wouldn’t otherwise be able to.

Obtaining a second passport is a fundamental step toward freeing yourself from absolute dependence on any one country. Once you have that freedom, it’s much harder for any government to control your destiny.

No matter where you live, you can benefit from the political diversification that comes with a second passport.

Here are the top seven reasons why everyone needs a second passport.

Reason #1: More Financial Options

A second passport unlocks the door to international financial services. This is especially true for Americans. U.S. regulators have a long reach. This is why many, but not yet all, foreign financial institutions now turn away anyone who presents a U.S. passport. To be a welcome customer, you need a passport from a different country.

Reason #2: Avoid Foreign Policy Blowback

Say your home government has a bad habit of sticking its nose in other nations’ internal affairs. This could make you a target if you happen to be in the wrong place at the wrong time, like the next time ISIS radicals decide to attack a public area.

There are, of course, passports with minimal risk of foreign policy blowback. When was the last time you heard of anyone targeting Swiss passport holders or rounding up Uruguayans?

Reason #3: More Visa-Free Travel

Applying for a visa before a trip is a real hassle. It can be frustrating, time-consuming, and expensive.

A good second passport gives you visa-free access to more countries than you had before.

Take Paraguay, for example. It’s one of the easiest countries in the world to obtain a second passport from. A passport from Paraguay lets you travel visa-free to 123 countries, including most of Latin American and much of Europe.

Reason #4: Preempt People Controls

A second passport can also come in handy when your home government starts restricting where its citizens can go. For example, after Castro came to power in Cuba, the government used to make its citizens apply for an exit visa to leave the island. It did not grant them easily.

Preventing people from leaving has always been the hallmark of an authoritarian regime. Unfortunately, the practice is growing in so-called liberal democracies for ever more trivial offenses. In the U.S., for example, the government can cancel your passport if they accuse you of a felony. They don’t even need to convict you.

Many people think felonies only consist of major crimes like robbery and murder.

But that isn’t true.

Read More HERE

 

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