This page has been archived and commenting is disabled.

Doug Casey On Second Passports

Tyler Durden's picture


Doug Casey on Second Passports,

Submitted by Doug Casey with Louis James of Casey Research

Louis James: Doug, a lot of our readers have asked about getting a second passport. I realize this is a large and complex issue – several issues, actually – but would you care to go over the basics of where to go and what to do? And for those not already thinking about this, why?

Doug Casey: Sure. We've talked quite a bit about the increasing urgency of getting some of your assets out of your home country, especially if it's the United States. We've talked about having stores of precious metals in safe places abroad, and setting up bank and brokerage accounts abroad as well. I've said that safest way to store wealth abroad is to buy property, which can't be seized by your home country without an act of war. The purchase of real estate solves several issues all at once.

But that's all about protecting assets; to protect yourself, getting a second passport is unfortunately very important.

LJ: Why unfortunately?

DC: Because you shouldn't have to need government papers to live as you please. It used to be that a passport was a document that a ruler of one country would give to a traveler to ask the rulers of other countries to assist him in his travels. Now, instead of a convenience, it's become a required permit for travel. It's degrading and actually runs counter to the whole idea of the thing. The original purpose of a passport has been turned upside down.

LJ: Passports are becoming a world ID card – and they will be, once the governments all link up their databases.

DC: That's exactly what they are, and I'm sure it's going to get worse. It's funny the way people treat these things like some sort of holy relic, or magical object – they are nothing but another government ID. But since they are necessary in today's world, you ought to have several of them, for your own convenience. If nothing else, it prevents any one government from basically placing you under house arrest by taking your passport away from you.

LJ: Do you really think of it mostly in terms of convenience? Or do you sometimes think about the potential for physical danger, should you find yourself in an Achille Lauro-type situation in which violent people who hate Americans select US passport holders for abuse?

DC: That's definitely a good reason for Americans to have a second passport, and increasingly for others, now that the war with Islam is under way. If you ever get caught in harm's way, it helps that nobody starts by shooting all the people from countries they've never heard of.

LJ: Round up all the Uruguayans!

DC: Right – that just doesn't happen. Another reason – certainly if you're an American – is that nobody anywhere in the world wants to open a bank account or a brokerage account for you. It ranges from impossible to hard and inconvenient. It's a subtle and indirect form of exchange control that the US has already imposed. I have no doubt controls will become much more formal and serious in the near future.

LJ: Are you saying that if I go to Switzerland, and I look and sound like an American, but have a Mexican passport, they'll open a bank account for me?

DC: It depends. Here in Uruguay, where I'm still hanging out on the beach, I went with a friend from South Africa to open a bank account, using her South African passport. I didn't say a word, so I could have been a South African too, for all they knew. Still, the bank officer asked her: "Are you also a US citizen?" and "Are you resident in the US?"

LJ: The long arm of Uncle Sam keeps getting longer.

DC: It really is getting harder and harder. Banks really don't want the aggravations that come with dealing with "US persons" and their bullying government. Of course, it's all going to eventually backfire on the US, but in the meantime it's going to get worse.

LJ: Yes – I don't like it when they ask for my passport at hotels, and I hate it when they say they have to keep it.

DC: As well you should, for all kinds of reasons. You never know how good the security at the hotel is, and the inconvenience of a lost or stolen passport is substantial. I'd say a second one is a good thing to have, just on principle. An alternative would be to get documents from some of those people trying to set up new countries, like Sealand, the WWII gun platform off the coast of England taken over by Roy Bates. I spent an afternoon with him once, but foolishly never signed up as a citizen. Oh well… Other outfits sell reproduction passports of defunct or renamed countries like Rhodesia and British Honduras.

LJ: I shudder to think of what "inconvenience" means to a man who finds it amusing to argue with immigration officials in back rooms in flyspeck countries… But at any rate, mentioning purveyors of passports from defunct countries underscores the importance of telling our readers that there are a lot of scams out there, and that it pays to be very skeptical of websites that claim to be able to set you up with documents, corporations, and bank accounts overseas. There are freelance thieves to worry about, and worse – governments trying to entrap so-called tax evaders and money launderers. There's no need to take such risks when you can go to any of the many countries that encourage immigration and permanent residency, and acquire government-issued documents legally.

DC: Yes, these are indeed shark-infested waters. You really have to do things in a totally correct and proper way. For instance, there always seem to be people running around who have passports stolen from the issuing agency, and some fools buy them, not realizing they'll not only lose their money, but might wind up in jail besides. But, even among perfectly legitimate documents, not all passports are created equal.

LJ: Why would that be?

DC: The defining characteristic of a "good" passport is how much visa-free travel it allows. And by that I really mean visas that have to be applied for, and approved, before the trip begins, as opposed to those issued at the border. Avoiding those is the real key value.

In spite of its reputation, a US passport is by no means the best one to have. First, if you have one, you're a US taxpayer, which is very inconvenient, but it also means you need visas for a lot more countries than you would with some other passport. Argentina, Chile, and Brazil, for instance, all charge Americans about $150 to issue a visa. It's a perverse form of reciprocity, as that's what the US government charges their citizens. It's the same kind of thinking that starts trade wars, and I expect more of it in the years to come – but that's another subject.

Speaking of South America, two passports that are relatively quick and easy to get are those from Uruguay and Paraguay. Both countries are members of the Mercosur group of South American countries, which offers some additional advantages to their nationals.

One of the best, I'm given to understand – and this is constantly changing – is a Singapore passport. I also understand that Singapore has a number of ways to become a citizen in a relatively short period of time.

LJ: What are some of the shortcuts to second citizenship?

DC: One of the best is if you have parents or grandparents from a country that will give you citizenship on that basis. Ireland and Italy are known for this. It's true, under some circumstances, for the UK as well. Saint Kitts is a relatively easy place to get a passport quite quickly, but it involves a significant investment that adds up to a couple hundred thousand dollars. Selling IDs is a significant source of income for the island.

And of course, in a number of countries you can obtain citizenship, and hence documents, relatively easily by marrying a national. Brazil is one, and a Brazilian passport is not a bad one to have.

There's information on this out there, but there have been scam reports done on this subject and many other sources that are simply unreliable, so watch out. I don't think there's ever been a truly definitive study done on all the ways, in all the 200 or so countries in the world. I believe my book The International Man was the first to really explore the ground – but it's long out of date. Even if there were a current book, it would have to be updated monthly to be of real value – governments are always changing their rules. And when it comes down to the particulars of a given situation, you'll want to hire a tax attorney and maybe an immigration one as well, to make sure everything is done correctly.

It's generally better not to try for shortcuts, but to move to a place you like living in, at least part of the year. Operating through the established, legally recognized channels, you can get a passport in two to five years.

LJ: Okay. And, to be clear, the US allows second citizenships?

DC: Yes. Many countries don't, and are strict about it. Others don't, but look the other way. You may feel you want to keep your US documents for various practical reasons, but remember that keeping your US citizenship means remaining a US taxpayer, which is most undesirable.

LJ: I read that if your income is less than $100,000 per year and you live abroad, it's not taxed, so maybe the tax issue is less important to people who earn less than you?

DC: That's true, but that exemption only applies only on income earned outside the US You still pay capital gains taxes, and taxes on US-sourced income. I also understand that under current law, until 2013, there's a $5 million exemption on appreciated expatriated assets. That means there's a window closing soon on some of the benefits of getting rid of your US citizenship.

LJ: Any reasons other than taxes you'd want to get rid of your US citizenship? If I were young enough, I'd worry about conscription, for example.

DC: That's a very good reason. More generally, as long as you're a citizen of a country, that country's government is going to treat you like its property. So, if you are going to be a citizen of any place, which is unfortunately necessary, it's better to be a citizen of a small and backward country, or one that just doesn't have the ability or interest to monitor all of its citizens like prison inmates, as the US does.

LJ: I hear that. It's such a pity that America the beautiful has turned into the United State and is rapidly marching down the road to serfdom… I really loved America.

DC: Nothing lasts forever, Lobo. It's suicidal to let sentimentality blind you to reality. But, eternal optimist that I am, it's always good to look at one of the major bright sides of the ongoing financial and economic collapse. Namely that the governments of most advanced nation-states are bankrupt. There's a chance that some of them will be forced to cut back on their most noisome activities. There's even a chance that one or two will be completely hollowed out and will exist mostly in theory, like Rome in the late 5th century.

It's very hard to predict what will happen, so it's best to have a Plan B. And a Plan C. Unfortunately, most people have a medieval serf mentality – although they don't know it, and probably wouldn't admit it even if they did – and have no plan at all, because they think everything is fine.

LJ: I agree. And you know I'm diversifying out of the US as well. Any other essential points?

DC: Yes, remember that getting a second passport is just part of a larger "permanent traveler" strategy. The ideal is to live in one place, have your citizenship in another, your banks and brokers in other jurisdictions, and your business dealings in yet others. That makes it very inconvenient for any one government to control you. You don't want all your eggs in one basket – that just makes it easier for them to grab them all. I understand it may not be easy for most people to structure their affairs that way. That's exactly why most serfs stayed serfs; it was hard and scary to think of anything other than what they were told they should do.

LJ: Understood. Thanks for the guidance.

The more of your wealth you have in your home country, the greater the risks to your capital. That's why it's critical to start protecting your assets by moving them abroad as soon as possible. To help you do just that, Casey Research is hosting a web video event at 2 p.m. EDT on Tuesday, April 30. Internationalize Your Assets features investment experts Doug Casey, Peter Schiff, Mike Maloney, and more. This must-see webinar will reveal offshore strategies you can easily implement to protect what's rightfully yours. Click here for details and to register.


- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Sat, 04/13/2013 - 20:45 | 3445567 world_debt_slave
world_debt_slave's picture

Let's see, Japan?

Sat, 04/13/2013 - 21:18 | 3445666 prains
prains's picture

I think the minimum standard to get a second passport is to be able to spell the country's name and point it out on a map. FAIL

Sat, 04/13/2013 - 22:18 | 3445773 jbvtme
jbvtme's picture

 i thought of another passport after 9/11.  but the usa was the only place you could own a gun.  so i stayed

Sat, 04/13/2013 - 22:38 | 3445802 NoDebt
NoDebt's picture

Do you hold more than one passport?  You're on the "possible terrorist" list.  That's why not.

If you don't know what you're doing with stuff like this I suspect you will get yourself into a lot more trouble because of it than you will ever avoid or get yourself out of.


Sat, 04/13/2013 - 23:21 | 3445878 BigDuke6
BigDuke6's picture

Foreign real estate!

Cyprus, Spain and Bulgaria are a bargain just now.

Sun, 04/14/2013 - 08:21 | 3446238 malikai
malikai's picture


Sat, 04/13/2013 - 23:56 | 3445943 cristo
cristo's picture

Come to Canada we have lots of gun owners .But first you have to pass a firearms safety course and get your firarms licence wich you'll have to renew every five years , pass a background check where they call your character references , you'll also need a transportation permit to get your handgun and retricted long guns to the range and back , you'll also need to abided by the storage regulationsand and don't forget the 10 round mag capacity for handguns and 5 round for rifles .Besides that it's almost the same . 

Sun, 04/14/2013 - 06:52 | 3446185 AvoidingTaxation
AvoidingTaxation's picture

Wrong: Switzerland and Finnland are places where you can also easily purchase guns and machine guns.

Sun, 04/14/2013 - 08:05 | 3446215 Zeroexperience2010
Zeroexperience2010's picture

Don't forget Czech Republic which also permits CCW, at least to Czech citizens, rather liberaly when compared to the rest of Europe.

Full auto in CH: forget it if you don't hold a swiss passport, normal waiting time for the red booklet with white corss: 12 years, forget also CCW in CH (except if you start a security company, then maybe for work you might get a CCW)

Sat, 04/13/2013 - 20:52 | 3445589 otto skorzeny
otto skorzeny's picture

I stopped reading at "now that war with Islam is under way"-if I want to hear this bullshit I'll go to an AIPAC convention with my congressman. also-is Tel Aviv a good place to stash my precious metals?

Sat, 04/13/2013 - 21:01 | 3445628 Ignatius
Ignatius's picture

Once the cold war ended (he-he, don't believe it) was when the 'war on Islam' really got going.  Funny how it sprung up right after the dissolution of the Soviet empire and defense budgets started coming under pressure....

Sat, 04/13/2013 - 21:08 | 3445645 dick cheneys ghost
dick cheneys ghost's picture

Hollywood transitioned brilliantly from portraying the Soviets as the enemy to the towel heads........They didnt miss a beat..........

Sat, 04/13/2013 - 21:13 | 3445655 otto skorzeny
otto skorzeny's picture

argo, zero dark thirty, ad nauseum.

Sat, 04/13/2013 - 21:14 | 3445657 icanhasbailout
icanhasbailout's picture

The attempt to start the war in 1993 didn't quite work out as planned.

Sat, 04/13/2013 - 21:19 | 3445668 dick cheneys ghost
dick cheneys ghost's picture

The USSR was over by Dec 1991.........'True Lies' came out in 1993 same yr as the world trade center bombing........These guys are good

Sat, 04/13/2013 - 21:37 | 3445701 Pure Evil
Pure Evil's picture

Actually, the war on Islam started long ago. Anyone remember the Crusades?

Sat, 04/13/2013 - 23:30 | 3445894 FeralSerf
FeralSerf's picture

They were before my time.  Do you remember them?

Sun, 04/14/2013 - 06:22 | 3446167 Urban Redneck
Urban Redneck's picture

How about the bombings and hijackings that picked up in the 80's (from the already alarming volume of the 70's)?

Sun, 04/14/2013 - 10:15 | 3446327 FeralSerf
FeralSerf's picture

Most of the hijackings were to Cuba in the 70s and 80s.  Nobody got hurt, just inconvenienced.  I remember those days well -- the Good Old Days when there wasn't any airport security and the traveler could be greeted, or sent off with a kiss, at the gate by her friends.

Then Mossad, the CIA and MI5/6 got involved and they began killing people and blowing up airplanes.  Pan Am 103 was an example.  We have all paid the price of our freedom so the Zionists could steal the land of and kill the Palestinians instead of remain in Europe where they belonged.

Sat, 04/13/2013 - 23:43 | 3445915 hivekiller
hivekiller's picture

We want those burkas.

Sat, 04/13/2013 - 21:09 | 3445647 localsavage
localsavage's picture

I think that was a reference to the fact that the U.S. government has used that nonsense as justification for turning the country into an Orwellian nightmare.

Sat, 04/13/2013 - 21:24 | 3445679 Kirk2NCC1701
Kirk2NCC1701's picture

Otto, in your case I'd recommend stashing your AU in a SD box near Dimona, Israel. The safest place on the planet. You won't be the only one by a longshot.

Sat, 04/13/2013 - 22:00 | 3445741 piceridu
piceridu's picture

That war has been raging for over a 1000 years. It's just fought differently today.

Sat, 04/13/2013 - 20:52 | 3445590 kito
kito's picture

Here in Uruguay, where I'm still hanging out on the beach......


umm doug, werent you in argentina, building a self sufficient community in preparation for the end of the world, away from the socialist u.s.??? or did you conveniently slip over the border to uruguay after cristina kirchner came for everything you have???????? 

Sat, 04/13/2013 - 20:51 | 3445601 ekm
ekm's picture


Sat, 04/13/2013 - 20:54 | 3445605 fonzannoon
fonzannoon's picture

I am sure our founding fathers are so proud of Doug.

Sat, 04/13/2013 - 20:55 | 3445610 otto skorzeny
otto skorzeny's picture

when the going gets tough the tough flee to shithole S America.

Sat, 04/13/2013 - 20:59 | 3445618 ekm
ekm's picture

Doug Casey has the 'superiority bug'. He loves to tell anybody how smarter and brighter he is

Sat, 04/13/2013 - 21:00 | 3445630 otto skorzeny
otto skorzeny's picture

at least simon black has a little whiff of mystery about his bullshit

Sat, 04/13/2013 - 21:04 | 3445636 ekm
ekm's picture

It's all about attracting money.

Doug and Simon have a created a niche..........a whisper.....INTERNATIONAL

Anybody who could be wowed would invest money with Doug Casey....he knooooooows stuff.


It's all marketing, at the very end.

Sat, 04/13/2013 - 21:22 | 3445672 fonzannoon
fonzannoon's picture

"a promise of adventure...a hint of danger"

Sat, 04/13/2013 - 21:05 | 3445633 James_Cole
James_Cole's picture

Doug Casey has the 'superiority bug'. He loves to tell anybody how smarter and brighter he is

Yeah, anyone who says a US passport is bad = nuts.

And advocating the necessity of a fake passport? Really brilliant advice. "Hey look I'm from Rhodeisa, brokerage account please!!"

Having some experience with Swiss banking I'm sure they really prioritize Mexican passports over American lol


Sat, 04/13/2013 - 21:08 | 3445642 ekm
ekm's picture

I never put down my birth country, albania, born and raised there, but, canadian passport is way better than that. There's a higher level of respect of US and Canadian passports in the airports and borders around the world.

Only people who had 'lower quality' passports would know this.


As I said, it's all marketing from Doug Casey.

Sat, 04/13/2013 - 21:10 | 3445649 James_Cole
James_Cole's picture

As I said, it's all marketing from Doug Casey.\

Stupid marketing.. A sentence which has never been said by a broker:

"Rhodesia? Thank God! For a minute there I was worried you were an AMERICAN!"

Sat, 04/13/2013 - 21:14 | 3445653 ekm
ekm's picture

Obviously, some people fall for it and invest money with him.


What people in USA and Canada do not know, is that to do BIG business in those countries, there is no other way but to BRIBE THE GOVERNMENT OFFICIALS.


If Doug is making money, that's how he is making it.

Sat, 04/13/2013 - 21:20 | 3445669 James_Cole
James_Cole's picture

If Doug is making money, that's how he is making it.

I'm guessing he makes it off his newsletter subscriptions, those newsletter writers are a cabal of scam artists. 

I've always been curious what the $ deal is between all the newsletter guest posters and zh. 

Sat, 04/13/2013 - 21:46 | 3445714 ekm
ekm's picture

You'd be surprised how many local politicians would dream of having outside SHADOW financiers to screw their own country.

That's how Glencore makes money.

Sun, 04/14/2013 - 06:41 | 3446179 Urban Redneck
Urban Redneck's picture

Glencore used to make its money by running into countries that the bankers were running (for their life) away from as fast as possible, they still operate in few shitholes that I won't even set foot in.  However, they have become a bit stale and the marriage to China and the IPO have sort morphed them into a freakish TBTF in their own right.  As long as the rest of the world is importing inflation due to dollar hegemony, and in addition to their domestic money supply mismanagement, then FDI and access to credit is needed in those markets, and those countries options start with the likes of Glencore and the World Bank and go downhill from there.

Sat, 04/13/2013 - 21:30 | 3445692 gwar5
gwar5's picture

In the context of the interview question, I think the fake passports were for hotel clerks demanding guest passports despite possible dodgy clerks and lack of security. I don't think it was for opening a bank or brokerage account.


Hotels have always just made a copy of my real passport, but I also carry a lamenated copy for foreign cops, bureaucrats, and hotel clerks who like to take official documents and 'forget' to give them back.

Sun, 04/14/2013 - 02:05 | 3446054 Parrotile
Parrotile's picture

Make numerous colour copies of the back page of your Passport (approx A6 is just right)

Laminate, and place in many locations when travelling.

Also have JPEG copies on your 'phone, and all the other electronic media you travel with.

Makes it a LOT easier to get a replacement passport quickly. Passport offices do prefer you to be at least slightly prepared when travelling abroad!

Sat, 04/13/2013 - 22:59 | 3445831 Kirk2NCC1701
Kirk2NCC1701's picture

ekm: "Doug Casey has the 'superiority bug'..."

Watching his interviews, however safe or smug he might feel, I get the impression that Doug has BS-fatigue.  I think has has good company with that at ZH.

Sat, 04/13/2013 - 21:02 | 3445629 Stanley Lord
Stanley Lord's picture

Exactly right!

Instead of running like a coward why don't we stand a fight and take back the country.

Sat, 04/13/2013 - 22:38 | 3445799 syntaxterror
syntaxterror's picture

Fight with whom? The medieval serf Free Shit Army? You're fucked dude.

Sat, 04/13/2013 - 20:57 | 3445613 ekm
ekm's picture

I have two, since the first one was not of much use.

But this is a bad as it gets. US passport was supposed to be the most covetted one.

Sat, 04/13/2013 - 21:21 | 3445673 Winston Churchill
Winston Churchill's picture

Luckily my father was Swiss,my mother American and I was born in the UK.

My grandfather was also born in Lake Como in Italy when his mother(who was English)

got caught short, and birthed before crossing the Swiss frontier.Take your pick.

Sat, 04/13/2013 - 21:27 | 3445684 otto skorzeny
otto skorzeny's picture

nice- I looked into luxembourg dual citizenship based on my paternal grandmother's side but the cutoff was 1900.

Sat, 04/13/2013 - 21:36 | 3445700 gwar5
gwar5's picture

How well do you know George Clooney? 

Sat, 04/13/2013 - 21:55 | 3445729 Kirk2NCC1701
Kirk2NCC1701's picture

It no longer is the most coveted, as you now have 2 bullseyes on you. The one on the front is for the IRS. The one on your back is for every pirate, kidnapper or terrorist on the planet.

You and your US passport are highly sought by all. /s

Sun, 04/14/2013 - 02:49 | 3446068 Kirk2NCC1701
Kirk2NCC1701's picture

Fonz', you DO realize that the Founding Fathers were even more anti-establishment than Doug? And that all these millions of Anglos who left 'jolly' (?) old England, did EXACTLY what Doug advocates: Get the hell out, and live in a better place?

Sun, 04/14/2013 - 08:12 | 3446229 Ace Ventura
Ace Ventura's picture

Errrr.....that depends. How many Founding Fathers were born in England? If you're referring to the immigrant pilgrims that's one thing, but the actual Founders (e.g. James Madison) were born right here.

So if you refer to the James Madison type of founder, then they DID choose to stay and fight. Ultimately, to stay or go is an individual choice. Most of us don't have the option of becoming global trotters acquiring property and assets in various other countries. So for us, the choice is simple....stay and fight.

The guy who mentioned the home-spawned Free Shit Army is right though....that will be one hell of a nasty wrinkle to deal with in the coming chaos. The important thing is to always keep focus on the real culprits, the asshat parasitic slime-dwelling globalist bankster creatures who intentionally grew that sector of society.

Sun, 04/14/2013 - 00:02 | 3445951 Oldrepublic
Oldrepublic's picture


a little boring in Cafayate!

Sun, 04/14/2013 - 21:46 | 3448072 Turin Turambar
Turin Turambar's picture

Punta del Este is a short flight from Buenos Aires.  It's a great little spot for the upper class from Argentina to hang out.  It's convenient and close.  Nothing like a good night of gambling at the Conrad casino.  I've gotta go back one of these days. 

Sat, 04/13/2013 - 20:51 | 3445591 Ignatius
Ignatius's picture

Does Doug still give out free, round-trip tickets to Argentina, where all you have to do is sit through 1/2 day of boiler room condo talk? 

Most of us here are thousandaires, Doug, we're gonna have to sit tight, locked and loaded.

Sat, 04/13/2013 - 21:02 | 3445631 dick cheneys ghost
dick cheneys ghost's picture

There is no place to go to escape these parasitic bankers..........Ill stay and pretty good with a 5 iron

Sat, 04/13/2013 - 21:33 | 3445696 Harbanger
Harbanger's picture

Most people that came to the US legally were not escaping bankers, but rather oppressive or stagnant socialist economies/Govts. 

Sat, 04/13/2013 - 23:01 | 3445840 Kirk2NCC1701
Kirk2NCC1701's picture

You mean, like the kind we now have here?  From the frying pan...

Sat, 04/13/2013 - 20:58 | 3445621 Diablo
Diablo's picture

Doug Casey?

The guy with the post office article?

All the "winners" are featured this weekend on ZH. (/sarc)

Will Max Keiser make an appearance next please?


Sat, 04/13/2013 - 20:59 | 3445625 otto skorzeny
otto skorzeny's picture

does anyone know when/why this passport bullshit started?

Sat, 04/13/2013 - 21:17 | 3445664 gwar5
gwar5's picture

2008 when communism officially came to America.

Sat, 04/13/2013 - 22:13 | 3445758 GeorgeHayduke
GeorgeHayduke's picture

2001 was the year the police state took hold when they passed the so called Patriot Act after allowing 911 to happen, at a minimum.

2008 was when they quit worrying about hiding the corporo-fascist police state from the sheople. Since the government appears to do as it's corporate and financial owners dictate, I don't quite see where the communism part comes into play. Although I understand that we have been told that communism is the absolute evil on the planet so it's the easiest thing to call it and still have the Fox News crowd attempt to comprehend what's happening.

Sun, 04/14/2013 - 08:13 | 3446230 Winston Churchill
Winston Churchill's picture

In my familys case, about 1830.

How do think the Swiss have managed to stay neutral for so long ?

Have Italian cousins,German cousins,English cousins,American cousins,.In fact its easier to

list countries where I dont have relatives.I said luckily in my earlier post, well it wasn't luck.

It was planned that way going back five generations that I can track..The Swiss side of my family has

always married into whatever country appeared dominant in the world at any time.The offspring always being

dual or tri  nationals.Its only people like Casey discovering now what the Swiss have practised for

hundreds of years.

Sat, 04/13/2013 - 21:01 | 3445627 eigenvalue
eigenvalue's picture

Methinks the Antarctic is the best choice. There is no government there. Unlike the Arctic, there are no polar bears. The only threat is the penguins, which I think anybody can handle. Air and water are clean and unpolluted. 

Sat, 04/13/2013 - 21:08 | 3445646 Ignatius
Ignatius's picture

The weather....

Sun, 04/14/2013 - 09:43 | 3446304 a common man
a common man's picture


Sat, 04/13/2013 - 22:47 | 3445811 NoDebt
NoDebt's picture

"There is no government there."


Sun, 04/14/2013 - 02:57 | 3446071 Parrotile
Parrotile's picture

Depends on how long you plan to stay - seeing as the agricultural potential is rather limited., and Scurvy will set in fairly rapidly . . . .

Getting there is going to be fun. No Commercial flights, and even in the Antarctic "summer" the chill factor imposed by "The Roaring Forties" has to be experienced (just the once thanks) to be really appreciated.

The big thing is keeping warm. All year. Particularly in the Antarctic "Autumn", Winter, and "Spring".

"Been there, Seen it (Antarctic sea ice), NEVER going to do it again!!"

Sun, 04/14/2013 - 06:13 | 3446158 andrewp111
andrewp111's picture

There is only one way to bring fuel to the Antarctic interior - within the fuel tanks of an airplane. That is how the USG brings fuel to its South Pole base.  And they have to keep the engines running after landing so the engine doesn't freeze. During the winter, it is so cold the planes can't arrive at all. Unless you want to work on IceCube, there is no reason to be there.

Sat, 04/13/2013 - 21:12 | 3445654 disabledvet
disabledvet's picture

That's it. I'm becoming my own religion. I'm going to call it "Zero Hedgemon." You all are free to join. Here's the "aggregator music": Every now and then i will send out a blurb about "how i can prove that God exists" and "come join me in prayer vigil for Cyprus." I know...I know..."who does that anymore? Nobody CARES disabledvet." But that's the point! WE care! We're going to MOVE you! and once we become an on-line beacon for no less than God himself then i think we all will finally rest in peace. hell...oops..HECK!...we can start selling "Zero Hedgemon cloth, capes and shoes." throw some booklets to "non-followers" and who knows...maybe even this site can be declared a "tax free peace zone." peace communicators, love lines, a moral compass. sky's the limit...

Sat, 04/13/2013 - 21:15 | 3445659 CunnyFunt
CunnyFunt's picture

What's the big deal? Many Congress members, lobbyists and .gov functionaries hold U.S. and Israeli passports.

Sat, 04/13/2013 - 21:36 | 3445688 Kirk2NCC1701
Kirk2NCC1701's picture

And store their PM offshore. That's a fact. That'll never even 'tickle' FATCA.

Sat, 04/13/2013 - 21:37 | 3445703 CunnyFunt
CunnyFunt's picture

I don't give a toss what they do with their p.m. Perhaps they were unfortunate like me and lost them on a shitty boat.
What I do give a toss about is the flagrant disregard for the U.S. Constitution shown for these dual citizens. Pick a side or fuck off.

Sat, 04/13/2013 - 23:23 | 3445869 Kirk2NCC1701
Kirk2NCC1701's picture

Hmmm... Not so fast!  "Pick a side"?  Are you kidding us?  "Pick a side"?  What century do you live in?  Or not a Libertarian?

Hate to brake it to you, but NONE of us are here to "pick as side" when it comes to the stupid "Papers, pliz!" routine.  The Gov fuckers are on our payrolls and supposedly on OUR side -- not the other way around.  Whose "side" were W and Cheney on, when they dodged the war/draft -- while poor, malleable "side-pickers" were getting blown up?  And how many tours did demon-Dimon, bankfine-Blankfine or Corzine do? 

As to where on the planet you live... You have to follow the laws and pay taxes, no matter on what "side" or "pasture" you live on.

"Pick a side".  Pffff! Good one.  ROTF, LMAO!

Sun, 04/14/2013 - 02:41 | 3446067 CunnyFunt
CunnyFunt's picture

yes, pick your side, BITCH, OR sit in the middle and get run over. I believe in the individual, civil liberties, the rights of man, etc. What side are you on, Spock? The chosen?

Sun, 04/14/2013 - 03:41 | 3446090 Harlequin001
Harlequin001's picture

Sounds like you need to go find somewhere to fight and die whilst we get on with it...

Sat, 04/13/2013 - 21:31 | 3445689 Bear
Bear's picture

There is no place to hide

Sat, 04/13/2013 - 21:46 | 3445716 Pure Evil
Pure Evil's picture

There is one place, but I would say the vast majority would be unable to climb back in after the initial 9 months.

Sat, 04/13/2013 - 21:35 | 3445694 newengland
newengland's picture

This is more rothschild zionist claptrap.

Who has most dual passport privileges in the USA? Certain European jewish families who are also most guilty of espionage against the interests of the USA, and con common jews into thinking zionism is good when in fact it is a supremacist militaristic hateful ideology founded by the AshkeNAZI who use and abuse jews as much as others.

Their dual passports are for deceit and plunder, using the USA, and American jews. They do not pay tax in the USA. That's for the little people. 

This story is a cover for rothschild zionist claptrap.

Zionism is a new thing, warmongering, profiteering. Jews came to America long before zionism was founded by the Rothschilds of Europe and their agents like Kissinger, the Trilateral Commission, the CFR are poisonous to the Republic.

Sat, 04/13/2013 - 21:32 | 3445697 Kirk2NCC1701
Kirk2NCC1701's picture

Inquiring minds want to know if Doug has renounced his USC.

Another guy in his exact line of work has not. So a bunch of us (followers/subscribers) are a tad puzzled.

Sat, 04/13/2013 - 21:39 | 3445705 newengland
newengland's picture

Nazis fled to South America and Operation Paperclip helped some of them come to the USA. Bunch of fascists, scamming, whining. Casey, just another rootless cosmopolitan. No use to any nation or community. A freeloader.

Sat, 04/13/2013 - 21:44 | 3445713 Kirk2NCC1701
Kirk2NCC1701's picture

Fine, fine. But has he RENOUNCED his USC?

Sat, 04/13/2013 - 21:44 | 3445715 newengland
newengland's picture

Good question. 

Sat, 04/13/2013 - 22:14 | 3445761 August
August's picture

Doug has not renounced his US citizenship, nor has Simon Black.  Both are pursuing the Google and General Electric Way:  build your business utilising offshore corporate structures and retain your profits untaxed, outside the USA.  It works fairly well, once you get to a large enough financial base to justify the ongoing costs of your team of international tax attorneys, and associated minions.

BTW Doug's suggestion that buying foreign real estate is a bullet-proof way to keep your wealth safe from government seizure is self-serving and idiotic.  Anyone who dumps US$600,000 or more into Cafayate Argentina is a fool.

Sat, 04/13/2013 - 21:41 | 3445709 Cabreado
Cabreado's picture

It is interesting when such articles appear...

while "cowardice" is subjective,

recognize the opportunity cost, when all this energy goes in the protect-me-and-I-bail bucket...

anyone who does not yet recognize that this is the personality, thinking, and action that has brought us to our knees,

does not understand what's going on.

We've earned what we've earned, and our path is in one direction, and the evidence shows up in even the strangest of places.

Sat, 04/13/2013 - 21:48 | 3445719 newengland
newengland's picture

Is that the royal 'we'? I didn't collude with this sort of Casey BS. The guilt is yours, perhaps?

Sun, 04/14/2013 - 00:19 | 3445973 Cabreado
Cabreado's picture

I try to stay away from these things, but...

you sound like an idiot, and you're part of the problem.

But thank you for helping make my point.

Sat, 04/13/2013 - 22:40 | 3445806 the grateful un...
the grateful unemployed's picture

this is lunacy to make Bernanke blush. you think foreign governments are going to respect you, and your money? you will end up homeless on the streets of whatthefuckizstan. (unless you know who to bribe). been listening to this crap about Argentina for years. do you really want to be there for the next military coup? honestly theres places in america where you can get lost, just set up some phony accounts, in a third name. if you want to live large in manhattan, forget it, if you want to live large in buenos aires, forget it, if you want to live small, stay in america.

Sat, 04/13/2013 - 22:55 | 3445826 headless blogger
headless blogger's picture

How do you get set up in a third name?

Sun, 04/14/2013 - 06:51 | 3446183 Urban Redneck
Urban Redneck's picture

When you're granted citizenship you can (generally) pick any name you want- how many foreigners "Americanized" their names when they moved to the US?  Even in the US, you can legally change your name at the courthouse (but then your old name becomes a legal 'alias'... 

Sat, 04/13/2013 - 22:54 | 3445824 headless blogger
headless blogger's picture

Question to anyone:

Is there some kind of process an American (U.S.) has to go thru to get his silver/gold, etc, out of the U.S. when he decides to board a plane with a one-way ticket?

...Or can you take it on the plane with you (if it is not a sizeable amount)?

Sat, 04/13/2013 - 23:56 | 3445941 FeralSerf
FeralSerf's picture

Unless it's money in excess of $10,000, there's no process.   A round trip ticket is often not any more expensive than a one-way and it's less interesting.

Sun, 04/14/2013 - 12:10 | 3445991 headless blogger
headless blogger's picture

Thanks to  ALL of the above who answered. Very good news. I don't have anywhere near that much, but I'd like to take it with me.

If nothing else, the W hike in Chile may be worth the trip. Pics on Google Earth are just gorgeous.


Sun, 04/14/2013 - 00:00 | 3445946 rehypothecator
rehypothecator's picture

A partial answer is that if you are bringing Eagles, you have to declare them if the face value is more than $10,000 or they become subject to seizure.  A gold Eagle is $20 face and a silver Eagle is $1 face.  But the $10,000 limit is quite a bit - it's monster box of gold, or two of silver.  (But, don't have any other cash on you if you are pushing this limit and don't want to declare.)  

Sun, 04/14/2013 - 03:20 | 3446081 Kirk2NCC1701
Kirk2NCC1701's picture

If you take out <$10k per person in your travel group, you don't have to declare anything. If you want to take more, that is not a problem either, but you must declare it. Or be in for a world of hurt.

You can also sell it here and buy it 'there'.

And, contrary to the Eagle fans, the truth is, that outside the US the Eagles are too impure to be considered 'investment grade'. The universal coins of choice are Canadian Maple Leafs ($20 face) at 0.9999 purity. Swiss bars and Australian coins also work.

p.s. Don't let the "letter of the law' or some people's opinion fool you... Fact is, and having heard this directly from a US Customs officer at an airport, they regularly 'choose' to value PM at Market Value, to counter money laundering. As I said, since you can take out any amount, you simply declare it, and all is well. Savvy?

Sun, 04/14/2013 - 04:29 | 3446105 Fred C Dobbs
Fred C Dobbs's picture

Just fill out the US Customs form declaring you are carrying more then 10,000 US dollars out of the country.  They want the market value of the metal and not the face value on the coin.  A US Customs official made that clear to me. 



Sat, 04/13/2013 - 23:03 | 3445844 dolph9
dolph9's picture

I look at it in terms of using whatever means you can to prepare, that's all.

If you have the means to do so, it's certainly not a bad idea to get your second passports/citizenships/accounts etc. in order, just in case you need them.

However most people can't do this.  The vast majority of people in this world pretty much belong to one nation state.



Sun, 04/14/2013 - 09:03 | 3446276 Five8Charlie
Five8Charlie's picture

"The vast majority of people in this world pretty much belong to one nation state."


That's an interesting word choice.


Maybe I'm naive, but I think of myself as being a citizen of a country, not belonging to that country.


Sun, 04/14/2013 - 09:40 | 3446301 FeralSerf
FeralSerf's picture

You are using the Napoleonic description of yourself.  A feudal description is more accurate now.  It was more accurate in Napoleon's time too, but he needed the hearts and minds of proletariat French to accomplish his objectives.

We are owned.  Our owners have mortgaged us too.

Sat, 04/13/2013 - 23:06 | 3445851 respect the cock
respect the cock's picture

I was book shopping in the thrift store a few weeks back (BEST way to get good books on the cheap).


Low and behold...I saw an investment strategies book written by none other than Doug Casey, forebodeing the end of the dollar and complete and total destruction of the US ecomony in the next 2-3 years.


It was written in 1979.


Guy's a fkkn windbag...probably takes it in the ass from Harry Dent.

Sun, 04/14/2013 - 03:33 | 3446089 Kirk2NCC1701
Kirk2NCC1701's picture

Just wondering, could it be because back then a lot of ppl were worried that the world was gonna fall apart under Jimmy Carter?

The way they now worry about Obama? Maybe the guy is a great businessman and marketeer, and really knows his audience?

Sun, 04/14/2013 - 08:57 | 3446268 hardcleareye
hardcleareye's picture

I wonder if it had more to do with the OPEC oil embargo and the cost of oil.

Remember gold prices spiked right around that time. 

And the US started importing more oil than it produced.

I remember gas lines from those days, switching over from burning fuel oil to heat the house to wood (which I still do).

Sat, 04/13/2013 - 23:28 | 3445887 Stinko da Munk
Stinko da Munk's picture

I'd still rather be American than  become a fraudlent citizen of these other shit holes.

Sat, 04/13/2013 - 23:49 | 3445927 Future Jim
Future Jim's picture

As painful as it will be, fixing America is the only option (other than starting a new country - let's do both).

America is the last stand. If we Americans were disarmed, then the 1000 years of global tyranny that would result (until it crumbled from within) will have killed the Soul of Humanity around the globe. Those genes will have become extinct.

Sat, 04/13/2013 - 23:57 | 3445942 Wannabee
Wannabee's picture

Unfortunately, I'm not in Jamie's clique. I don't have multiple eggs to spread around.

Sun, 04/14/2013 - 00:40 | 3445993 ebworthen
ebworthen's picture

If the U.S. goes further full retard I'm getting a second passport and looking to the exits.

Sun, 04/14/2013 - 08:50 | 3446257 hardcleareye
hardcleareye's picture

You have to get citizenship before you get the passport.

I just got my Canadian Passport a few weeks ago, it was a two year process.  Mom was Canadian before I was born, so got it that way.

IMHO, don't wait.


Sun, 04/14/2013 - 09:40 | 3446302 therearetoomany...
therearetoomanyidiots's picture


Sun, 04/14/2013 - 00:52 | 3445999 headless blogger
headless blogger's picture

What's sad is some of these investors are encouraging the development of Chile, Argentina, and other SA areas that are still considered pristine and non-commercialized.

They are running up the prices, encouraging growth and Western Culture (which is synonymous with degradation). In a few years it could resemble the mass exploitation and mass consumerism that has destroyed Western societies.

Sun, 04/14/2013 - 01:19 | 3446028 Marco
Marco's picture

No one needs encouraging ... the noble savages tend to want a car and a big screen TV too.

Sun, 04/14/2013 - 02:48 | 3446069 headless blogger
headless blogger's picture

Many of the people who are moving to some of these places are doing so for a simpler lifestyle, without all the consumerism. These investors are making the internet circuit in droves, selling like-minded greedy types on buying into these areas. People wanting simple lives are not moving outside U.S. for big screen TVs. The investors, on the other hand, are motivated by turning a profit...and getting othe like-minded greedy fiends involved.

The locals need to be warned and beware.

Mon, 04/15/2013 - 00:50 | 3448696 Marco
Marco's picture

What right do these people who are moving have of speaking for those countries? They made their fortunes feeding the consumerist beasts and will hop on a plane back to the evil consumerist country which spawned them the moment they need to go to a hospital. They just want a to live the rich life amongst old-style non-uppity peons in a steady state feudal society ...

If they live like the peasants they can speak for the peasants, otherwise they can just shut the fuck up.

Sun, 04/14/2013 - 03:42 | 3446091 John_Coltrane
John_Coltrane's picture

You got that right.  That's why the indiginous eskimos "subsistent" hunt for walrus using 30-06 rifles on their snowmobiles-like their ancestors.  Got to have that big screen TV.

Sun, 04/14/2013 - 09:50 | 3446310 FeralSerf
FeralSerf's picture

That big screen TV (and the programming thereon) is the collar our owners use to keep us in the corral.  Those eskimos give up their freedom, and the freedom or their descendents, in exchange for that snowmobile and TV.  The use of that 30-06 will be taken away from them soon.  Fuel for the snowmobile will get more scarce and expensive.  They will be left with their infernal mind-conditioning device and a few drugs to ease the pain.

Sun, 04/14/2013 - 04:10 | 3446092 Kirk2NCC1701
Kirk2NCC1701's picture

Insofar as you use American middlemen (to cover for your possible language and cultural limitations), you should expect the Americanization of property prices. Else, not so much. But you have to do your own leg work, and the market down there is not developed enough for you to computer surf your way through it.

Interestingly, Simon Black was the person to flag this fact 7 days ago, during the Offshore Workshop.

Q: Guess who's buying up huge tracts of land in S.Am.?

A: Rich US families and US evangelical (recruiting) churches -- especially the Mormons. But none of these want you to know this. Cause they're smart, shrewd and practical. And they don't want your presence, till they're ready to flip it to you. :-)

It also explains why the Catholic Church is concerned/worried about these ppl stealing market share on their turf.

Who's your daddy now?

Sun, 04/14/2013 - 03:57 | 3446094 HeavyShadow
HeavyShadow's picture

northern hemisphere, southern hemiphere...follow the sun

Sun, 04/14/2013 - 04:33 | 3446106 Bruce Krasting
Bruce Krasting's picture

I have two passports. One Swiss, the other USA. I travel with both. So some of what is discussed in this article is correct ...but....

If one passport is USA, then you still must file a US tax return, and on that tax return is the dreaded FBAR. The Foreign Bank Account Report.

As with any IRS doc you can lie, and check "no" to the question of a foreign bank accounts (or control of an account). But then you have lied to the IRS.

The penalties are severe. It starts with 20% of the account balance - it can go to 100%. It is also a felony - so federal jail time is possible.

If you get nabbed with an FBAR, the DOJ/IRS does a forensic audit for the past seven years. They rip you to shreds. If you try to defend yourself, you better have money.The legal cost of defending an FBAR case starts at $250,000.

If you have a USA passport you are lucky - but you are also cursed. When you have a second passport you immediately go under DOJ/FBI review. You become a target.

IMHO there is nothing to be gained with a second passport. It puts one under a spotlight. If one has something to hide, the last thing you would do would be to get a Ukrainian passport. It would just shine the light on you.


Note to Mr. Casey: You write this article - by Monday the DOJ is looking at you - beware!


Sun, 04/14/2013 - 06:01 | 3446150 andrewp111
andrewp111's picture

And if you work for the US Government, you absolutely cannot have a second passport. That is even true for student interns. I remember a few years ago a naturalized US Citizen was checking in to get her badge to go on base, and Security was required to shred her childhood passport from Russia. Having a second passport is grounds for revocation of security clearance and immediate dismissal.

Sun, 04/14/2013 - 09:55 | 3446321 FeralSerf
FeralSerf's picture

Unless it is an Israeli one.

A virtual passport, one that can be obtained at will because of one's Jewishness, is almost as good as an issued one.

Sun, 04/14/2013 - 19:14 | 3447759 groundedkiwi
groundedkiwi's picture

israeli passport is great for free health care as well.

Sun, 04/14/2013 - 07:27 | 3446194 Puppet Hegemon
Puppet Hegemon's picture

I just wonder what is so special about Ukrainian passport?

Sun, 04/14/2013 - 08:10 | 3446224 Bruce Krasting
Bruce Krasting's picture

Ukraine to join EU this year. That is a big deal. If this happens it means clear transfer to all of EU.

Ukraine passport = German/Dutch/French passport - not bad at all!

Sun, 04/14/2013 - 10:17 | 3446342 Puppet Hegemon
Puppet Hegemon's picture

Ukraine doesn't join EU (and I really doubt it will do it in observable future). Ukraine is just about to sign an Association Agreement which is not a sure thing either because of the "political prisoners" thing from one side and flirting with Customs Union of Belarus, Kazakhstan and Russia from another side.

The EU association (if it happens) will provide visa-free entrance to EU countries at some point. 

Look at Visa requirements for Ukrainian citizens and compare it with other passports from the The Henley & Partners Visa Restrictions Index. It's too early to set an equality sign between Ukrainian and German passports.

Sun, 04/14/2013 - 08:31 | 3446247 Manipuflation
Manipuflation's picture

Good post Bruce.  Up early in the morning I see.  It gets even worse on the passport issue.  What does one do when one is an expat and your home country will not issue a new passport simply because you left that country?  This happened to my wife recently and reduced an incredibly strong woman to tears.  I told her not to worry and that I would take care of her like I originally said I would a decade ago.  The State Dept, of any country, can go straight to hell.  I am not listening to them anymore.

You do not need some God Damned piece of paper to authorize your love for your wife that was issued by the state.  The State can kiss my ass.

Sun, 04/14/2013 - 12:58 | 3446701 Kirk2NCC1701
Kirk2NCC1701's picture

BK, if you're a Permanent Resident in the US, you already have at least one foreign citizenship. The Gov does not "have it out for you", unless you give them a good reason.

Many of these people also kept their foreign bank accounts (as a psychological pacifier), and maybe even some real property. There's nothing sinister, sneaky or underhanded about this. In fact, it's perfectly natural and smart.

We've been witnessing a significant 'brain-drain' in recent years, as many of these ppl return to their native land, to start businesses there. E.g. Chinese, Indians, etc.

It's all becoming quite global, and ppl just want and deserve choices where to live, where to obey the local laws and where to pay taxes. It has become competitive for all govs to attract and keep people and companies.

It's just the next logical step of moving to another town, to another state, to another country.

Mon, 04/15/2013 - 01:35 | 3448738 Notarocketscientist
Notarocketscientist's picture

Best option is to renounce US citizenship

Sun, 04/14/2013 - 06:33 | 3446174 RideTheWalrus
RideTheWalrus's picture

Pfft, just get a bigger yacht.


Sun, 04/14/2013 - 08:35 | 3446250 frenchie
frenchie's picture

n°1 rule in talmud

Sun, 04/14/2013 - 08:57 | 3446269 Kiss My Iceland...
Kiss My Icelandic Ass's picture

All very nice, but when the SHTF I really don't think there'll be anywhere to hide ....

Sun, 04/14/2013 - 09:06 | 3446278 Cloud9.5
Cloud9.5's picture

I recall a Frenchman who spun the globe after WW I and picked an island in the Pacific. He picked Iwo Jima.

Sun, 04/14/2013 - 09:19 | 3446291 orez65
orez65's picture

I respect Doug Casey.

I believe that he is fundamentally correct.

Except that I don't agree that a foreign country would be safer for Americans.

When the poop hits the fan a lot of foreigners are going to be very angry.

They will take it out on any "gringo" that's nearby.

I prefer an inshore safe zone.

For example, small cities in the state of Arkansas.

Populated by God fearing, honest and helpful citizens.

Sun, 04/14/2013 - 11:21 | 3446498 saveUSsavers
saveUSsavers's picture

Mexico, for instance, can come with Federalis ANY DAY AND CLAIM YOUR PROPERTY , fools, they've done it with AK-47s. They fking evict Americans.

Sun, 04/14/2013 - 10:20 | 3446335 TwoHoot
TwoHoot's picture

Mr. Casey can live his life however he wants. Some people enjoy transience. I don't. That doesn't make me a fool or a serf no matter how Mr. Casey judges it.

I like having roots, a permanent home, family, friends, neighbors and all of the trivial pleasures (and problems) that come with those things. I enjoy traveling but I like to know where home is.

The USA has been good to me. I started with nothing and gained security, prosperity and peace over a lifetime of work. I eat strawberries out of season and have ice cream any time I want it. I come and go as I please with no official hinderance whatsoever. I am alert to potential trouble but fear doesn't dominate my life. I know the people I see around, their families and quirky ways and they know mine. They are my friends. I like that.

I can afford top quality medical care, reliable transportation of all kinds, a comfortable house with affordable heating and air conditioning, computers, internet service, more TV than I have time to watch, smart phones and just about any toy or gadget I happen to want. Ninety percent of the people on the earth today would trade places with me in a heartbeat with no questions asked.

So I am supposed to trade all that for constant airports, cabs, hotel beds, restaurant meals and the company of strangers and servents? Not me!

Methinks Mr. Casey is hustling your money with a boatload of dreams and a doom and gloom sales pitch. It is great drama and a hoot or two to observe but I am not buying it.

I will stand my ground in the USA come what may. I expect to prosper and prevail.





Sun, 04/14/2013 - 11:20 | 3446492 saveUSsavers
saveUSsavers's picture

Just look at the outrageous real estate prices on "House Hunters" and the collapse of prices to all those idiot Americans who bought in Spain or Europe in the last few years, US prices look damn cheap ! I've got 2850 sq ft of solid stucco security even have recirculating hot water while these idiots are buying crumbling fixers for $600K that whould be condemned in this country, Italy is a fking laugh. Yea, have your Parthenon or whatever money pit, fools.

Sun, 04/14/2013 - 10:55 | 3446429 Iam Yue2
Iam Yue2's picture

"I understand it may not be easy for most people to structure their affairs that way."

Good of you. You also realise I take it that "most people" neither have an egg or a basket.

Sun, 04/14/2013 - 11:14 | 3446480 saveUSsavers
saveUSsavers's picture

 garbage ! Besides, you buy real estate in any foreign country, and wake up to find you're taxed to poverty (think Spain) or no longer own it (Mexico, anyone?) All foreign bank accounts will be frozen by the USA anyway if you don't pay your taxes, you deserve it.

Sun, 04/14/2013 - 12:40 | 3446654 Kirk2NCC1701
Kirk2NCC1701's picture

You don't need a 2nd passport to live in a foreign country. If you get residency in one S. Am. country, that document lets you travel in the others w/o any passport. It's a big continent. Not for everyone, but great for a lot.

There's a reason that the rich (the Bush family) and US churches are buying up large tracts of land down there. But, throughout history, there have been people who stayed and ppl who left. Only time will tell.

And obviously Doug and his team are providing a service. And like any service, it is not for everyone.

Do NOT follow this link or you will be banned from the site!