Why your Assets Will Diminish –Unless You Read & Heed This Advice from “Grandpa” author of Bye Bye Big Brother.
Thirty years ago the 1st Hill PT books came up with this unique idea:
Obtaining a 2nd Passport well in advance of any problems would provide an insurance policy for escape – a get out of jail key – in the event things became too hot or it was for any reason difficult to stay in one’s home country.
This home country we will call Big Brother Land . It could be any country.
Perhaps the USA ( the only one that taxes their overseas citizens). The USA provided many an interested 2nd Passport customer, and is considered the main BB culprit.
If 2nd Passports were obtained legally by “naturalization,” but in a variant (newly changed) name, we assumed they were legal for all purposes, including travel to countries where no visa was required. They also provided good cover/title for holding secret assets offshore, i.e. a “banking passport.”
THINGS HAVE CHANGED
A Swiss bank is currently paying a fine of a Billion Dollars to the USA for knowingly dealing with Americans who sought to conceal their holdings–often with a 2nd passport ploy or by other means. The individuals themselves of course face huge fines—and drastic criminal penalties. Note: These jail sentences, for now, can be enforced only against Americans who still live in the USA or whose whereabouts are known and then, only if they are worth kidnapping. Once one’s ass and assets are totally out of their home jurisdiction, and unknown to authorities, those individuals are off the radar.
A 2nd Passport was a good idea at the time–1970 to 2000. But in the ensuing years, some 35,000 passport providers, scammers, and others have peddled thousands of good, bad and fake 2nd passports to most of the wealthier and mobile people of the USA– They were sold for serious money to the better class of people of most developed countries of the world.
Another category of 2nd passport buyers are economic refugees from countries whose passports were not good for visa-free travel. These included Taiwan, China, Russia, India, Brazil, Africa & etc. The perceived problem of illegal aliens and people smuggling of job seekers and prostitutes is a different issue — not for this short report.
NOW SECOND PASSPORT HOLDERS HAVE BECOME A TARGET OF BB.
THE COVER STORY WAS STOPPING TERRORISTS BUT IT WAS ALWAYS POTENTIAL TAXPAYERS THEY WERE AFTER
One cannot expect that any government going down the drain financially can pay no attention to the fact that a substantial percentage of their most productive business owners and best taxpayers WERE/are exaptriating– i.e. leaving their home country. Many already have legally issued 2nd passports. They used them successfully for escaping taxation and regulation. What regulations?
Besides tax reporting, Stuff like these laws: -Americans can’t bribe a corrupt cop in a foreign country like Mexico who will throw you in jail on a false drug charge if he doesn’t get $20. If the facts about the bribe come out in the USA, you face 5 years in an American prison.
Many Americans also have secondary physical and legal residences outside their home countries to use in case of emergency. Some American expats are totally moved out already. Many wealthy and productive Americans individuals are currently registered or standing in long lines at Consulates–waiting six months or more to renounce their USA citizenship -thereby to escape regulatory and tax burdens that no other countries levy…
PEOPLE IN THE DEPARTMENT OF JUSTICE NEED TO REACT, TO STEM THE TIDE & THE RELOCATION OF TAXPAYERS.
They are doing just that. In 2010 many holders of 2nd passports with foreign bank accounts were told in Switzerland and Europe generally that if they were born in the USA, they would still be considered Americans, and their foreign accounts would be closed . Why? Because there are now all sorts of new fines and criminal penalties against banks, brokers and others who dealt with past, present or possible “toxic” Americans.
BUT HERE IS THE WORST NEWS–NEWS THAT HAS NOT BEEN REPORTED ELSEWHERE.
In recent years, certain small countries came up with investor passport deals that were established by law, and perfectly legal in their own countries. In places like Bulgaria, Latvia, Austria, Macedonia, St. Kitts, Dominica, and most Central & South American countries. There are currently schemes whereby, a foreigner can invest or donate substantial funds , typically in the $50,000 to $1,000,000 range . When this is done, they get more or less instant citizenship & passports.
Now, Big Brother is reacting as might be expected: By quietly exerting pressure on border control officers. “Look carefully at any people transiting or entering your country. If they don’t seem to fit the profile of “real” citizens of that country whose passport they are using,” Then border guards are asked to confiscate all papers and personal communication devices & memory storage sticks to carefully ascertain where they are really from. And then to arrest them for traveling on false documents. These “criminals” are then tossed in jail on remand. We are reliably informed that this is currently happening in Europe today – as of December 2012!
We have just learned of several people (Americans!) jailed in the Netherlands for exactly this. A brand new Big Brother tactic.
They confiscate all passports the traveler is holding, declaring them “false.” Legality of the passport in the country of issue is no defense. The holder will be detained, brought to trial, and fined—Then probably deported to his “real” country.
Americans it seems can and will now be prosecuted if they paid money for a foreign passport. Legal program or otherwise—it makes no difference.
In Europe, the holder of an investor passport or a new Paraguayan who doesn’t know at least a few words of the official Guarani language– plus Spanish could be sentenced to 5 years in prison for the crime of traveling on false documents. The place where they are detained has the right to declare any passport false and invalid . Current policy is to detain anyone on “suspicion” for any reason – or no reason at all.
To understand this new policy think back to the days of Hitler and Stalin. Could a German or Russian escape his obligations to the Fatherland/Motherland by simply leaving his country of origin and acquiring the passport of say, El Salvador ? Of course not. Once Russian or German, they were always property of the State and subject to their home country regs. If they didn’t spy, show up for military service, or do exactly as they were told, they could be kidnapped, brought back home, or in some cases — like that of Stalin’s personal enemy, Trotsky in Mexico — simply assassinated. Countries friendly to Germany or Russia in the bad old days, co-operated. They sent back ex-Russian or GERMAN citizens for torture, death or forced military service.
After world war 2, the USA returned to Russia about 100,000 liberated Russian (USSR) war prisoners of the Nazis in American hands. They were returned to Stalin’s tender mercies . He had them all tortured to death for the “crime” of surrendering or being captured alive. “Friends of the USA” all over the world will now do the same with American expats in their custody…Second passports will be ignored. This has not happened in bulk yet, but we predict it will happen often in 2013 and in future years.
Note this: “2013! Destined to be
“Not a lucky year” for some…”
And so it will come to pass,and be generally known, that the USA has become a police state with the new policy of “once American, always an American Asset.” It will not matter what foreign passport was acquired, or how, or where a former American may be a legal resident.. People with what they thought were legitimate investor passports are already being arrested in Europe and held for traveling with what is now defined as fraudulent documents.
The USA and its EU allies feel that any passport acquired for money i.e. “investment” is a fraudulent passport. Likewise, without what they regard as a “real-bona fide” foreign residence and a real bona fide citizenship, the American state will no longer accept many renunciations of citizenship. And if they did accept a renunciation already, — the renunciation can & will later be canceled. Why? For any reason that the Americans will cook up –if & when they want to go after any specific individual.
Thus, it is our advice, and our opinion, that in the future, a foreign marriage, residence, or anything else that could lead to obtaining a legal 2nd passport can & will be disregarded by the American State and their supplicant states. Any passports, legal or otherwise obtained can be disregarded as false and fraudulent. Holders of all such documents are advised to never use them for traveling or crossing borders again.
Our further advice? If one legally
1) Gains a foreign Citizenship
2) Actually and physically leaves the original home country, and learns the language, laws and customs of his new country, and then
3) KEEPS A VERY LOW PROFILE and then
4) Develops real & substantial ties there, and
5) Never has any further contact with any Americans & above all,
6) NEVER RETURNS TO THE HOME COUNTRY–
7) And certainly never has any assets there …
Only then—and only for the foreseeable future– will there be no substantial risk that the ex- American will be harassed , kidnapped , brought home to face charges for offenses committed abroad, or challenged about financial non-reporting, etc.
The bottom line as we see it is that an American living the PT life and/or traveling the world on a 3rd World passport like that of Belize or Honduras can now be stopped and arrested anywhere, If he does not fit his new country’s profile & if he does not “really” live permanently in the country of the passport he carries, then, IN MY OPINION
In the future it is likely that a traveler who doesn’t snugly fit his documents will be jailed for a few months and then be deported to his “real” country of origin. ONCE there HE WILL BE “punished” again for what will be called traveling on a false document and plus, something like a “treasonable attempt to avoid his national obligations.”
AND THUS, OUR TITLE:
NO ESCAPE?- BLEAK FUTURE FOR SECOND PASSPORT HOLDERS
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