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Wealthy Americans are buying second passports as a 'plan B'....

Discussion in 'Latest US & World News' started by Space_Time, May 9, 2022.

  1. Space_Time

    Space_Time Well-Known Member

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    I can't completely blame people for thinking about a 'Plan B'. The world is in a perilous state. Would you consider getting a 'golden passport':
     
    Space_Time, May 9, 2022
    #1
  2. Steady Pie

    Steady Pie Well-Known Member Past Donor

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    Happy to swap my Australian passport if any of them are interested.
     
    Steady Pie, May 9, 2022
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  3. James California

    James California Well-Known Member Past Donor

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    ~ Wealthy people have always done this for various reasons. What is happening recently is more Americans of average means are doing the same thing — also opening back accounts in other countries.
    Another anomaly is investors closing their mutual fund accounts and investing in collectibles, antiques and precious metals.
    The Biden administration has instilled a new confidence in the American public — confidence of pending economic crash . :ashamed: :bomb:
     
    James California, May 9, 2022
    #3
  4. dharbert

    dharbert Well-Known Member

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    No need to invest millions. I could go to Nigeria and live like a king on $37...
     
    dharbert, May 9, 2022
    #4
    drluggit likes this.
  5. Space_Time

    Space_Time Well-Known Member

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    More details about requirements for select countries:
     
    Space_Time, May 9, 2022
    #5
  6. George Bailey

    George Bailey Well-Known Member

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    I've often wondered about this. Why don't people do that?
     
    George Bailey, May 9, 2022
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  7. drluggit

    drluggit Well-Known Member

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    StillBlue does something similar in the DRC...
     
    drluggit, May 9, 2022
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  8. Pro_Line_FL

    Pro_Line_FL Well-Known Member Past Donor

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    I know someone who actually left about 4 yrs ago because of "political division".

    I don't think so. Expats in places like Tanzania are paying big money for housing.

    You can live for $37, but not like a king. More like a local in a tin roof house.
     
    Last edited: May 9, 2022
    Pro_Line_FL, May 9, 2022
    #8
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  9. (original)late

    (original)late Banned

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    If you can't figure it out (it's not hard) schedule your next vacation in Nigeria.

    "Nigeria is currently a very dangerous destination for potential tourists. Governments in several countries have even issued warnings against traveling to this country, for reasons such as terrorism, kidnappings, and other types of violent crime."
    https://www.travelsafe-abroad.com/nigeria/
     
    (original)late, May 9, 2022
    #9
  10. drluggit

    drluggit Well-Known Member

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    LOL... I have no idea what you mean by "big money"... Compared to the local economies, expat housing around the world is far more expensive than what locals use or enjoy. We have the same dynamic in this country. Just look anywhere the second home market is strong. Lots of examples there in the FL.
     
    drluggit, May 9, 2022
    #10
  11. George Bailey

    George Bailey Well-Known Member

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    But there are no whites with their crooked justice system and racist cops... How could crime and violence be higher? Are you sure???
     
    Last edited: May 9, 2022
    George Bailey, May 9, 2022
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  12. Space_Time

    Space_Time Well-Known Member

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    Could you do the whole Nigerian prince email scam for extra cash?
     
    Last edited: May 9, 2022
    Space_Time, May 9, 2022
    #12
  13. (original)late

    (original)late Banned

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    That's why we have you to go check it out for us!
     
    (original)late, May 9, 2022
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