The Expat Money Show - With Mikkel Thorup

347: Could Your Passport Be Your Downfall?

Apr 16, 2025
Could your passport be more of a curse than a blessing? Discover how U.S. citizenship could pose risks for expats and learn the truth behind military conscription myths. Unpack the complexities of multiple citizenships, including how they enhance freedom. Debunk common fears around exit bans and citizenship-based taxation, which only affects a couple of countries. Plus, explore investment opportunities in Panama and beyond, making global mobility easier and more lucrative!
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ADVICE

Panama Investment & Relocation Tour

  • Consider Panama for investment or relocation.
  • Mikkel Thorup invites listeners to a four-day tour to explore the country.
INSIGHT

Too Many Passports?

  • While multiple passports offer benefits, an excessive number can become a liability.
  • Mikkel Thorup analyzes an article discussing the potential downsides of numerous citizenships.
ANECDOTE

Brazilian Citizenship & Military Conscription

  • Mikkel Thorup's child obtained Brazilian citizenship through birth tourism.
  • Despite Brazil's military conscription, it's easy to avoid, highlighting a nuance of second citizenships.
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