Timbuktube
Robin
I’ve heard Panama likes to fuck you over for citizenship though. The residency is easy and guys think that means in a few years they’ll get the passport but are denied without reason.
This is another reason for Southeast Asia being a clear winner. I’ve met farang in Thailand (all 50+) who got Thai passports. I’ve read about younger guys doing it too.
Though I don’t think it’s a place to do serious business. Just something small and dumb with your name on it that your wife can mismanage. Then use it for petition for passport.
If you want a Latam passport the best deal is St Kitts and Nevis. Last hurricane brought the family price down to $150k-200. But you’ll have to renounce your USA passport to stop paying our insane taxes.
Right now the US government has halted applications for renunciation. The excuse is coronavirus. When they start again there is a hefty fee (% of your wealth) that must be paid for the privilege of not being American. Obama started that in 2009 I think.
There was a spike in applicants due to the secrecy in banking changes. Any European with an American parent (living as a European) got threatened by the IRS for not filing. Had their bank accounts frozen. So they just stopped being American by renunciation.
This is another reason for Southeast Asia being a clear winner. I’ve met farang in Thailand (all 50+) who got Thai passports. I’ve read about younger guys doing it too.
Though I don’t think it’s a place to do serious business. Just something small and dumb with your name on it that your wife can mismanage. Then use it for petition for passport.
If you want a Latam passport the best deal is St Kitts and Nevis. Last hurricane brought the family price down to $150k-200. But you’ll have to renounce your USA passport to stop paying our insane taxes.
Right now the US government has halted applications for renunciation. The excuse is coronavirus. When they start again there is a hefty fee (% of your wealth) that must be paid for the privilege of not being American. Obama started that in 2009 I think.
There was a spike in applicants due to the secrecy in banking changes. Any European with an American parent (living as a European) got threatened by the IRS for not filing. Had their bank accounts frozen. So they just stopped being American by renunciation.
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