Buy a Second Passport So You Can Travel Right Now
Traveling is now difficult due to many bans or even restrictions put in place in many countries to contain the spread of the COVID-19. Most of the restrictions are in place for foreign visitors, where mandatory quarantine is sometimes involved. But now there is a way to get around those restriction, although it is an expensive option.
Several Caribbean countries offers passports to wealthy foreigners. The citizenship involves a hefty fee and usually monetary investments. And now there are even some discounts amid increased interest.
Saint Kitts and Nevis for example is selling a four-person family package of passports for $150,000 Business Insider reports. That is a $40,000 discount compared to pre-pandemic prices. There is also a an additional expense, a minimum real-estate purchase of $200,000 that must be held for 7 years.
The Caribbean country’s passport ranks 28th in the world Passport Index, same as Mexico. However it can be useful for Americans since it lets you travel to the European Union and the UK without a visa.
Other Caribbean nations like Saint Lucia, Antigua & Barbuda, Grenada, and Dominica offer similar citizenship programs.
With the current pandemic the United States passport has dropped from 7th to 19th in the world Passport Index, just behind Albania and Bosnia.
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I have 1 through birth, 1 through parent place of birth, 1 through descent and 2 through immigration
I have 4 from parents and through descent.
Do you DD and you may be eligible.
I have 5.
What a bunch of dolts that think that government has everyone’s best interests at heart by banning the hoi polloi. The rich are doing just fine and don’t need to worry about buying another passport to get around. Plenty of exceptions exist in the current regulations that make travel perfectly fine to any country you want to go to. Why bother with some passport, just go looking to buy businesses, you’ll get in. Only a fool would believe that the rich cannot get around where they please. As the lockdowns continue the exceptions to the rule will expand to allow anybody with a few bucks to go where they please while the righteous idiots will be stuck at home. Bravo!
I believe this tactic has been used by rich people that can’t cut it legitimately to get onto an Olympic team somewhere as well
This is not something I ever would have thought of. Very interesting and I’m sure there are people who do this!
U.S citizens of Mexican parents can get a Mexican passport for practically the price of an American passport. Descendants of Irish ancestry can get an Irish passport, and those of Spanish parents can get a passport from Spain, and so forth with some countries. Just FYI.
Most restrictions are based on what country you are traveling from, not what passport you have, so this tactic will be of limited use. There are some cases where you can only get into a country with a residency/citizen requirement, but you’ll still probably will be stuck with a 14 day quarantine (such as Australia), so a 2-3 week vacation is still impractical.
And the whining about the rich cheating the system? Come on, duh, of course being rich gives you benefits, that’s why people want to become rich. In terms of public risk, wealthy people flying in their private jet and staying on their yacht or their expansive villa are hardly a public health concern, so get over your jealousy.
Wow, I didn’t expect a good answer from you but that’s a wretched example even by your standards. Here in my country (the U.S.A.) we have a fundamental principle that the law should not be for sale, and if it is that problem should be corrected. The fact that you call it whining to be unwilling to flout laws means you’d do great in say, Haiti.
Travel-Hacking for the win!
If you buy citizenship for you and your family for $150K and invest an additional $200K, you could be traveling right now… Seriously, what a ludricous article.
Hey, the rich cheat the system to the disadvantage of normal people all the time. What’s one more instance?
I actually laughed at loud
Buy a passport with $150k and invest $200k in real estate in a country I’ve never heard before, so that I could travel RIGHT NOW and enjoy the COVID-19 covered hotel bed sheets.
No thank you, I’ll spend the 150k on my yacht and stare at my 200k worth of gold bars on it.
Link to 150k yacht please. I guess it wouldn’t have to be a very big boat to fit $200k worth of gold (about the size of two cell phones and about 7 lb). I guess the passport is only a few times more expensive by volume than gold.
Enough choices?
https://www.yachtworld.com/boats-for-sale/type-power/region-northamerica/?price=140000-150000&year=2010-&fractionalShares=0
You’ll have to add the filters again for some reason, but you get the idea.