347: Could Your Passport Be Your Downfall?
The Expat Money Show - With Mikkel Thorup
Navigating the Complexities of Multiple Passports
This chapter explores the complexities of obtaining and maintaining multiple citizenships, including issues like passport revocation and exit taxes. It emphasizes the significance of legal obligations and suggests that possessing a few strong passports may enhance global mobility while minimizing complications.
IN TODAY’S EPISODE:
- Listen in as I explain why U.S. citizenship is one of the most dangerous liabilities in the offshore world
- Learn the truth about mandatory military conscription—and why it’s almost never a real threat for expats
- Tune in to find out how to avoid passport profiling at borders and why more citizenships = more freedom
- Hear me debunk some common myths about citizenship-based taxation and learn about the only two countries in the world that practice it.
- Discover the surprising truth about dual citizenship bans—and why they rarely limit serious expats
- Find out why the fearmongering around “exit bans” is mostly nonsense—and what really matters when choosing a second passport
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