2013 February 12 Tuesday
Caribbean Market For Citizenship
Read this AP article on Caribbean islands that are selling citizenship.
Nation-less Palestinians buy citizenship to get passports so they can travel. Wow. Glad I'm not one of them. They have my sympathy.
Some people are buying a second passport in case of unfavorable political events. Can an American buy a second citizenship and retain their American citizenship? The insurance policy idea has some appeal.
On St. Kitts there's a condo project where as part of the price of the condo you get citizenship. Is that cool or what? Dominica (not to be confused with the Dominican Republic) sells citizenship for $100k per year. I think they should raise their prices and go for an upscale clientele.
My modest proposal: A billionaire should buy out the citizenships of the vast majority of the people on some island by offering them money and purchased citizenship on another island. Then with a fairly unpopulated island the billionaire should market te island as a totally upscale place for wealthy people who could use it as a tax and political haven. I think this approach makes a lot more sense than trying to create floating countries as Peter Thiel and Patri Freidman would like to do with Patri's seasteading proposal.
By Randall Parker at 2013 February 12 06:36 PM
floating countries as Peter Thiel and Patri Freidman would like to do with Patri's seasteading proposal.
Ah, such a fresh new idea! Utopia. May even be only 600 years old.
" Can an American buy a second citizenship and retain their American citizenship?"
As a matter of fact, buying citizenship is perhaps the best way to do it. Just don't start spouting off about how you hate America and never plan to return #junk like that# because that can be used as evidence of your fore-real desire to lose your American citizenship.
You do not want to appear to be serious about giving up your US citizenship. See this link #http://www.richw.org/dualcit/cases.html# for a summary of the leading USSC dual citizenship cases. You can even serve in foreign armies, vote in foreign elections, run for office in foreign countries, and abjure your American citizenship in a foreign citizenship oath and STILL keep your American citizenship.
It works out quite well for Asians, Indians, Mexicans and Jews or other people whose primary loyalties are to race, tribe, caste and nation, and come here to make money.
Yes. While you theoretically need to renounce any other citizenships in order to *gain* American citizenship, you don't lose your American citizenship just because you obtain some other one. This creates the funny situation where I (or any of my sibs) could claim German citizenship based on my descent from two German immigrants to the US, but neither of my parents could do the same, as they had to renounce their citizenship in order to become US citizens. I probably should finish that paperwork one of these days; it would be nice to have a second, EU, passport.
What if your grandparents on only one side are from Germany? Eligible?
If you get German citizenship do you have to pay taxes on earnings you make outside of Germany?
I would have to look up the rules. The laws were changed in 1999 and while they were prior to that time quite lenient in terms of granting citizenship to someone who could demonstrate a German bloodline, they were changed to be a bit less focused on descent. I'm guessing that the answer in you case would now be no.
Indeed the terminology they use is not *granting* citizenship but *recognizing* it (Anerkennung), i.e. so far as they are concerned I have legally been a German citizen all along and it's really just that I hadn't previously provided adequate documentation of this fact.