the dollar vigilante blog
Feedback Friday - June 22, 2012
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Welcome to another edition of Feedback Friday! Jeff is at the Porcupine Freedom Festival in Lancaster, New Hampshire this week and speaking Friday night at 7pm in the Shire Pavilion if you are there. He still found time to respond to some feedback, though. So, let's get to it!
THE COST OF FREEDOM
IN RESPONSE TO: "Feedback Friday - June 15, 2012"
In response to your article about passports, $12,000 still seems mighty high for us mortals. Hopefully you will be able work out a deal with some country that thinks that making money is a good thing. Columbia or Guatemala comes to mind.
Paul Johnston, Florida, USA.
I've got good news for you. But, before I get to that, I should state that if you truly cannot afford a second passport for $12,000 then having a second passport shouldn't be your prime concern. Let's go over some of the top reasons to have a second residency or passport:
- Tax advantages. If you can live outside of your home country and still earn income then by having a foreign residency you can often rearrange your affairs to significantly reduce the taxes that your own criminal government extorts you for. Almost every country on Earth except the US, Israel and Eritrea do not require you to pay your extortion fees if you live outside of the country and are a valid resident of another country. By choosing the country in which to be resident or a citizen you can therefore pick the one that best suits your particular type of income. If most of your income comes from capital gains, choose a jurisdiction that does not tax capital gains... or at least not the kind that you earn. If you earn income from a job or as a business owner choose a country like Paraguay which has no income tax.
- Financial Freedom. This is incredibly important for Americans of financial means. The US Government has now made it practically impossible for you to open a brokerage account outside of the US or even a bank account. There are now only a few places on Earth that still accept Americans as clients and they will likely stop in the near future due to the draconian threats the US Government makes on any bank who accepts an American as a client. Therefore, having a second passport can re-open the financial world to you and allow you to conduct your affairs with some level of privacy as most countries do not have the ability to track their citizens transactions worldwide as the western countries do.
- Options. As we often state here at TDV, there is no way of knowing what any of the western governments will do as the fasco-communist democratic nation states continue to collapse. Italy recently instituted complete capital controls so that no one can take their financial assets outside of the country. We expect to see this happen across the west in the coming years. And, who knows what is next. As things get bad, the governments could even go from thinking of you solely as a tax milk cow and begin looking at you as a beef cow. It's not like it's never happened before... and Doug Casey stated that the US is no different than Cambodia during Pol Pot's time or Germany during Hitler's. When they begin to close the doors and you want out you'll thank goodness for your second passport. At that point it's value will be priceless
Those are the top three reasons to have a second passport. There are plenty of others but they are the main ones. As you can see, Paul, if you cannot afford a $12k passport then you probably don't need the benefits of the tax advantages nor do you need to open financial accounts worldwide in privacy. So, that leaves the 3rd point as being the only one that applies to you... and while it is incredibly important if you really feel the need to get out of the US and you do it before it is too late, you don't need a second passport to do it. Many places offer quick residencies (Paraguay, as example, can do it in about a month). Plus, you can even do it after you've already moved there (as a tourist). And, not to mention, there are numerous places where you can live for extended periods and they don't really care if you overstay your visa (penalties are small are non-existant). These include places like Mexico, Argentina dna Cambodia just to name a few.
So, don't be too concerned about getting that second passport right at the moment if you don't have many financial assets. You should be more concerned with making money at this point in your life. Once you have assets to protect then you can begin to work on a passport to free yourself further from your oppressive country.
That said, as I mentioned, I have very good news. TDV Passports has realized there is a market need for people wanting passports who just can't afford the five figure cost up front and we have come up with a way to help. As far as I know we are the only company on Earth offering this... and it just goes to show the lengths we are going to try to help as many slaves as possible escape from their geopolitical oppression. We will be announcing in the coming weeks a program at less than $300/month wherein you can begin the citizenship process in a Latin American country and receive immediate, permanent residency. By the time your payments are completed in a few years you will be eligible for citizenship and a passport.
Stay tuned here or, if you are not a subscriber, subscribe to TDV as we often announce these type of products first to subscribers and subscribers always receive a discounted price.
GOVERNMENTS GONE WILD
IN RESPONSE TO: "Feedback Friday - June 15, 2012"
As you know, the IRS and the Federal government have intimidated most countries in the world into doing what they want them to do including reporting if an American opens a bank account with $100! They cannot be bothered with all the red tape and therefore they are not interested in doing business with Americans and their worthless green pieces of paper.
Therefore, knowing as they do, that many Americans have and are seeking second and third passports, what is there to stop them from mandating to those countries to render those passports invalid?
Since Congress has been deemed unnecessary, by virtue of not presenting things to Congress, as the CONSTITUTION requires, signing innumerable executive orders and in some cases (like today re: amnesty to young illegals) not even signing an executive order, nothing would surprise me regarding foreign passport laws.
Nothing would surprise me either! That is why it is so critically important to do whatever you can now. The US Government has shown that they can and will do anything... including banning you from returning to the US for life if you renounce your citizenship (as they are attempting to do in the Anti-Expatriation bill) or even putting you on a kill list. This ain't your daddy's USA anymore!
Already, in fact, our contacts have told us that the US Government is putting pressure on many foreign countries not to accept US citizens. Or, they attempt to get them to change the rules so it is much, much harder to get citizenship. Recently, the Dominican Republic was pressured to change their rules. We work with the top legal firms in the country and all of them went on strike to protest the new rules. We, also, have been lobbying in the DR and we have found a way for our clients to be able to skirt the new rules. There are lots of details and we are just finalizing our negotiations directly with the DR Government through the top law firms in the country but we will also be announcing to subscriber's an update on how the US Government has managed to pressure the DR into changing its citizenship rules and how we have found a way to enable our clients, in an exclusive, legal arrangement, to proceed.
Again, subscribers and clients will hear first. If this type of information is important to you we suggest you subscribe to TDV as we are the only global firm with operations in dozens of countries working to help give people options with their self and their wealth... as opposed to your own government who is working to do the exact opposite.
ADVICE FOR YOUNG ADULTS
Hello, I discovered you through Stefan Molyneux and his podcast venture. I am currently an undergraduate student going to school (approaching graduation in one year) in the United States, and am studying computer science. After subscribing to your news letter, I have developed a basic understanding of the main arguments that you have presented and have decided that they make sense. I'm now looking for things that I can do now to secure my financial situation for the future. However, as an undergraduate student in the US, I have amassed more student debt than I would care to admit, and haven't yet been able to establish reliable income. With that knowledge in mind, what would you suggest for ways to take precautions since I cannot, as yet, invest any reasonable amount. In other words, what should I prioritize?
Thanks in advance for your advice. I look forward to hearing from you.
You are not alone in your predicament as I am sure you are aware. The US college industrial complex has hoodwinked millions into taking on debt for "educations" that often times are worthless or could have been learned for free or much cheaper via the internet or through internships (except now those are outlawed in the US, of course).
While every person has to find their own way and make their own decisions, if you find that no matter how hard you try that you cannot find gainful employment and/or an opportunity to start a small business, then I suggest you look to move to somewhere where that is possible. As TDV Managing Editor, Redmond Weissenberger, recently wrote in "Options for American Serfs", there are places that have a distinct shortage of labor. We even advertised amongst TDV subscribers on the private subscriber's only Facebook Group a job opening from a TDV subscriber in the Canadian oilsands who can't find help. Also, on the same Facebook Group, another TDV subscriber advertised the need for a manager for his hotel in Cafayate, Argentina - the home of Doug's Gulch. Another subscriber, a young man from the US South responded to his post and is already down in Cafayate managing the hotel. He'll be writing about his experiences moving down in a coming issue of TDV.
As I wrote in "Let Go, Live Free", if you are finding no opportunities where you live don't be scared to pick up and go. Especially if you have a crushing amount of student debt that you may never crawl out from underneath. In other countries they don't care about your credit score. If you happen to pick up and make a life for yourself in one of dozens of much freer countries with much more opportunity than in the west then you can just forget about your student loan debts. After all, they sold you a deceitful bill of goods. They said that if you took on a lot of debt you'd have a better life. It was all a lie... it was always a lie. So, I wouldn't shed too much of a tear if you move on and make a life for yourself elsewhere, become a citizen there and left them holding the tab. You'll likely have problems and may not even be able to return to the US again... that is a decision you'd have to make. But if someone told me I could never return to the US or Canada again I'd just thank them!
The west is not the way it used to be and I'd be fine never returning. As it is I just return a few times per year to speak at conferences and try to help others escape as I did. It's a big world out there and the US is not the special place it used to be. It is just one of 200 countries now. On a percentage basis by never returning to the US you are just cutting yourself off from 0.5% of the countries on Earth! Hardly anything important in the grand scheme of things.
That's all for this week! If you have any questions, comments, feedback or hatemail, please direct it to TDV@dollarvigilante.com.