{"id":1181,"date":"2024-05-20T22:13:27","date_gmt":"2024-05-20T22:13:27","guid":{"rendered":"https:\/\/expatcircle.com\/cms\/?page_id=1181"},"modified":"2024-05-20T22:13:27","modified_gmt":"2024-05-20T22:13:27","slug":"why-would-anyone-pay-for-a-2nd-passport","status":"publish","type":"page","link":"https:\/\/expatcircle.com\/cms\/flags\/why-would-anyone-pay-for-a-2nd-passport\/","title":{"rendered":"Why Would Anyone Pay for a 2nd Passport?"},"content":{"rendered":"

Please note: This content is posted with permission from the owner. The original WG Hill that invented the PT concept<\/a>, aka Peter Taradash aka Grandpa. Yes, the famous one.
\nIf you are interested in a personal consultation by him, contact us<\/a>, and we get you in touch.\u00a0 Please read also our disclaimer<\/a>.<\/p>\n

 <\/p>\n

\"how_to_become_a_perpetual_traveler\"<\/p>\n

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Why Would Anyone Pay<\/b><\/span><\/span><\/span><\/p>\n

for Legal Residence or a 2<\/b><\/span><\/span><\/span>nd<\/b><\/span><\/span><\/sup><\/span> Passport<\/b><\/span><\/span><\/span><\/p>\n

When Both Are Available for FREE?<\/b><\/span><\/span><\/span><\/p>\n

V-5, Instant \u201cLegal Residence,\u201d 2nd Passports & Citizenships<\/span><\/span><\/span><\/p>\n

By Grandpa — Last revision 10 Jan 2024<\/span><\/span><\/p>\n

Everybody and their dog on the NET have been peddling $500,000+ residences called \u201cGolden Visas\u201d and hugely expensive economic citizenships these days! <\/span><\/span><\/p>\n

IMO they are all grossly overpriced, and not worth having.<\/span><\/span><\/p>\n

With over 50 years in the biz, no one questions our \u201cGrandpa’s\u201d superior knowledge & expertise. \u201cGrandpa\u201d is arguably The World’s Leading, #1 Expert on Residency, 2nd Passports, Renunciation and acquiring new Citizenship. He is the author of\u00a0<\/span><\/span>Bye Bye Big Brother,<\/b><\/i><\/span><\/span>\u00a0acclaimed as the 2<\/span><\/span>nd<\/span><\/sup><\/span>most influential & inspiring book of the 20<\/span><\/span>th<\/span><\/sup><\/span>\u00a0Century. Who was 1<\/span><\/span>st<\/span><\/sup><\/span>? You guess it! Ayn Rand with\u00a0<\/span><\/span>Atlas Shrugged.<\/b><\/i><\/span><\/span><\/p>\n

With Ayn’s passing, Grandpa is currently the World\u2018s #1 Best Selling author into\u00a0<\/span><\/span>Freedom & Privacy, P.T. Style.<\/b><\/i><\/span><\/span>\u00a0He is also great at\u00a0<\/span><\/span>Wealth Preservation\u00a0<\/b><\/span><\/span>and the Author of two dozen books on these subjects. See book list at end of this report.<\/span><\/span><\/p>\n

This report\u00a0gives you immediately useful, essential information, not available elsewhere.\u00a0<\/b><\/span><\/span>Most of the other deals offered on the WEB (many samples below) are from pushers of expensive residence \u201cprograms.\u201d They don’t want you to know the truth.<\/span><\/span><\/p>\n

What’s the truth? <\/b><\/span><\/span>S<\/b><\/span><\/span>pending serious money is not necessary!<\/b><\/span><\/span>\u00a0In places like Latvia, you can get instant EU residence for a small \u20ac75,000 investment in five \u20ac15,000 apartments that will bring you up to a 100% annual return on your money. All explained in \u201cGrandpa\u2019<\/span><\/span>s<\/span><\/span>\u201d report<\/span><\/span>s<\/span><\/span>. <\/span><\/span><\/p>\n

In places like Campione,<\/span><\/span>Italy, a suburb of Lugano Switzerland, <\/span><\/span> you can get residence and the equivalent of both a Swiss and an Italian passport, plus cheap <\/span><\/span>SWISS quality <\/span><\/span>medical insurance, <\/span><\/span>by <\/span><\/span> renting a cheap studio apartment. <\/span><\/span>It so happens that grandpa is renting a few places.<\/span><\/span><\/p>\n

Note: 2024 -This program is long closed! Good while it lasted\u2026<\/span><\/span><\/p>\n

AS of 2024, <\/span><\/span>Argentina, <\/span><\/span>Philippines, <\/span><\/span>most central & South American countries & in the EU, Italy and Bulgaria are pretty good \u201cno pay\u201d places to get residence. <\/span><\/span>They sometimes also serve as tax havens<\/span><\/span>. <\/span><\/span>Most solvent people<\/span><\/span> can get legal residence by <\/span><\/span>in nearly a hundred countries by <\/span><\/span>simply entering legally with a visa, then <\/span><\/span>renting <\/span><\/span>and registering. <\/span><\/span>I can help (for a fee) in such endeavors. <\/span><\/span> Untalented, uneducated, economic refugees & asylum seekers won\u2019t have it so easy.<\/span><\/span><\/p>\n

WHY WOULD ANYONE PAY TO GET \u201cLEGAL \u201cRESIDENCE\u201d WHEN IT’S AVAILABLE FREE !<\/b><\/span><\/span><\/span><\/p>\n

All readers and users acknowledge that: “Neither the author, publisher nor resellers shall be liable to the purchaser nor to any other persons for liability, loss or damage alleged to have been caused directly or indirectly as the result of advice or information supplied by us.”<\/span><\/span><\/p>\n

Information given here or by \u201cGrandpa\u201d in any media of general circulation should never be considered professional advice that will apply in every similar situation. Individual results may vary and are unpredictable.<\/span><\/span><\/p>\n

Personal contact with the author [VIA PAID CONSULTATION] is advised for tailoring a detailed path to your goals– or solving your particular problems. But all (paid) readers are allowed one short e-mail free consultation.<\/span><\/span><\/p>\n

Please Do Not Give Away, Share Or Republish This Report Without Written Permission of the Author. <\/span><\/span>By Grandpa, \u00a9 Copyright 2014, All Rights Reserved<\/span><\/span><\/p>\n

All rights reserved. No part of this book may be reproduced or transmitted in any form or by any means, electronic, or mechanical, including photocopying and recording, or by any information storage or retrieval system without the written permission of the author or publisher.<\/span><\/span><\/p>\n

\n

WHY WOULD ANYONE PAY TO GET \u201cLEGAL \u201cRESIDENCE\u201d WHEN IT\u2019S AVAILABLE FREE!<\/b><\/span><\/span><\/p>\n

By Grandpa<\/span><\/span><\/p>\n

Monaco – 2014<\/span><\/span><\/p>\n

Why would anyone pay someone to get them legal \u201cresidence?\u201d<\/span><\/span><\/p>\n

In my 50 plus years as a P.T. (Permanent Tourist), I went when & where-ever I wanted to go. I rented any apartment or house I fancied, & stayed as long as I wanted to stay.<\/span><\/span><\/p>\n

I worked only if & when I felt like it, and never paid a dime to anyone to get me residence or a 2nd Citizenship.<\/span><\/span><\/p>\n

Yet I have a neighbour who had paid over $50,000 in fees in the same year, to get the same residence ID card I recently got for free.<\/span><\/span><\/p>\n

The agent who advertised his dubious services on the NET & helped her get the residence (she could have obtained as a do it yourself project) convinced her she need to set up a corporation to employ her, & pay serious local taxes. She was also convinced to buy an overpriced income property \u201cto show she had the needed resources.\u201d Bottom line, she flushed down the toilet nearly $1,000,000. Her \u201cservice provider\u201d took \u20ac200,000 in fees. She could have done it herself for free or more quickly with Grandpa for \u20ac15,000 in advisory fees for secret shortcuts, etc.<\/span><\/span><\/p>\n

In contrast, consider a nephew of mine who needed similar legal residence \u2013 only for the medical benefits. He simply moved into the same town. He qualified for a long term visa as a student in a free government sponsored course. He didn\u2019t need to show income or anything aside from a clean criminal record. Then, with a little effort, he got a free apartment by doing some maintenance on the property and looking after the owner\u2019s computer.<\/span><\/span><\/p>\n

Compare! $1,000,000 vs. <\/span><\/span>FREE<\/b><\/span><\/span> for the same thing. And the lady who paid the million is now on the hook for annual taxes in her new country . These heavy taxes are in the $50,000 p\/a range. My nephew? He actually now makes enough to live comfortably –tax free. I left out a lot of details, but that is the essential tale of two expats. Lesson? Knowledge is valuable. Ignorance is very costly.<\/span><\/span><\/p>\n

As you may know, and this is not a plug, I charge a fee of \u20ac15,000 for two years of unlimited consulting and hand- holding. I do not stand in line for my clients in bureaucratic offices, to \u201cimplement,\u201d but I do show my clients exactly how to get what they want or need, usually free or at nominal standard government charges. You don\u2019t need my personal services as the how to do it info is in my books, and with reasonable intelligence, you can usually muddle through the process of getting residence and citizenship. However, if you can afford it, IN MY OPINION (IMO) having an experienced guide is always good when you go hunting in uncharted territory for the first time. Many of my clients have earned back my fees and much more by offering similar services once they have accomplished their objectives.<\/span><\/span><\/p>\n

Often something like legal residency can be obtained for an investment that will turn a good profit. One client made over $1 million on a \u201cno money down\u201d real estate deal I put her into. But don\u2019t mistake me. If you are going to make money or <\/span><\/span>make anything happen<\/b><\/span><\/span>, it takes common sense, experience, good research or a mentor like me, and then, <\/span><\/span>time and effort. <\/b><\/span><\/span><\/p>\n

One of my book readers actually wrote me and said \u201cI bought your book, read it, and nothing happened. I didn’t get residence, a new passport or anything.\u201d I asked him if he took the steps recommended in my books. Answer? \u201cNo.\u201d<\/b><\/span><\/span><\/p>\n

Grandpa’s comment: <\/b><\/span><\/span><\/p>\n

\u201c<\/span>My books provide a do it yourself plan that will for some \u2013if not most people \u2013 but you do need to do things, like apply for a visa, look for an apartment to rent or buy. Buy a ticket to get there. Pack your bags and go. You need to take action. Do you think you can read a book and be transported to a tropical paradise on a magic carpet?<\/b><\/span><\/span><\/p>\n

Sorry. <\/b><\/span><\/span><\/p>\n

If you are too rich or too incompetent to do things on your own, you can always pay me to point you in the right direction, and give you a kick in the pants when you run out of steam or get discouraged.<\/b><\/span><\/span><\/p>\n

I tell my clients and potential clients that they don\u2019t need me. All I do for my \u20ac15,000 unlimited consulting fee is make life easier. How? By reviewing their options and plans. By correcting their often mistaken assumptions. By assessing risks. By avoiding overpriced lawyers and accountants who are peddling stuff they don\u2019t need. My clients make fewer mistakes. If they listen to me they will also avoid the myriad of crooks and scammers on the NET who will overcharge or worse —> take their money and run.<\/span><\/span><\/p>\n

In my basic information– books like\u00a0PT<\/a>\u00a0and\u00a0Bye Bye Big Brother\u00a0I explain such elementary concepts as \u201cVisa Runs\u201d and common sense stuff that newbie\u2019s on the scene won\u2019t have a clue on how to cope.<\/p>\n

My books are not only for Americans; in fact most of my readers are from other countries. <\/span><\/span>Translations can be made by you for free on Google translate, but a professionally translated version is currently available only in German.<\/span><\/span><\/p>\n

Reader Question:<\/b><\/span><\/span><\/p>\n

\u201c<\/span>Grandpa: If you are so smart and already rich, why don\u2019t you help a deserving dummies like me for free?\u201d<\/span><\/span><\/p>\n

Grandpa’s Answer: Dear Deserving: You are probably not as dumb as you look on your e-mail picture (of a Donkey). The answer is simple. I am too old, too smart and too experienced to cast my pearls of wisdom on unwashed masses for free. Besides that, most people think anything free is worth exactly what you pay for it…Nothing. My books are valuable, and at my age, my time is very valuable too.<\/span><\/span><\/p>\n

Thus, sorry, my books and advice is not free. I can\u2019t afford to help everyone who smiles at me. \u00a0I don\u2019t have time to \u201csave the world.\u201d If you are beautiful and like old geezers, you might get a trade deal or scholarship. But consider this: I DO give any readers who actually bought a book or report a short free E-mail conference. That may be all you need.<\/span><\/span><\/p>\n

You wouldn\u2019t have this or any of my swell reports unless you paid for something . So there you go. Write me (with short explanation of when & what you bought and what you paid) \u2026 I will answer any \u00a0PT Related question usually within a few days.<\/span><\/span><\/p>\n

Now about this report …<\/b><\/span><\/span><\/span><\/p>\n

Everybody and their dog are peddling residences and economic citizenships these days. IMO most are way overpriced, and not worth having. You will have my comments and evaluations in the coming pages. I welcome feedback, comments, questions and constructive criticism<\/span><\/span><\/p>\n

Let\u2019s now get into the more interesting Residence & Citizenship programs available in 2014. In the following pages, I will bring you up to speed as to exactly what is available currently. This report will be updated periodically, and you can get the updates free for two years from the date of your original purchase.<\/span><\/span><\/p>\n

YOU MAY NOT KNOW THIS…<\/b><\/span><\/span><\/p>\n

I don\u2019t think that anyone, even average Americans, really need second passports or legal residences anywhere. They can go anywhere, stay as long as they want as a PT, and then move on. But for those \u201cHigh Net Worth\u201d Americans with $5 million in assets or who earn over $100,000 a year or $200,000 for a couple, they probably do need some adult supervision & could use a 2<\/span><\/span>nd<\/span><\/sup><\/span> passport in order to legally escape unnecessary taxes and filing obligation.<\/span><\/span><\/p>\n

That brings us to the question: Why does anyone need a second residence abroad at all?<\/b><\/span><\/span><\/p>\n

1. For people who believe that their country is headed for economic collapse, civil war, or government programs they don\u2019t like –obviously, having a ski-cabin or beach house in a tropical country (plus enough resources to keep you alive) could be important.<\/span><\/span><\/p>\n

2. I currently have a client who wants to live permanently as a PT in Europe, but as legal stays in the E.U. are limited to 90 days, he wants to get a legal residence card so he can stay indefinitely.<\/span><\/span><\/p>\n

3. To escape taxes in their own country, in Germany for instance, it is necessary for a German citizen to prove with a legal residence card that he is legally resident elsewhere.<\/span><\/span><\/p>\n

For \u00a0Americans the rules are quite different: \u00a0Gringos living abroad are exempt from the 1st (roughly) $100,000 in earned income, but they are not \u00a0relieved from onerous quarterly \u00a0filing requirements. Income from dividends, interest and such is \u201cunearned income\u201d & not exempt. Thus Americans alone need a 2nd citizenship and passport. Americans<\/span><\/span>\u00a0alone in the world<\/b><\/span><\/span>\u00a0may need to consider renunciation of their citizenship to be able to live and bank abroad.<\/span><\/span><\/p>\n

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 <\/p>\n","protected":false},"excerpt":{"rendered":"

Please note: This content is posted with permission from the owner. The original WG Hill that invented the PT concept, aka Peter Taradash aka Grandpa. Yes, the famous one. If you are interested in a personal consultation by him, contact us, and we get you in touch.\u00a0 Please read also our disclaimer.     Why […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":14,"menu_order":10,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"class_list":["post-1181","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/expatcircle.com\/cms\/wp-json\/wp\/v2\/pages\/1181","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/expatcircle.com\/cms\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/expatcircle.com\/cms\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/expatcircle.com\/cms\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/expatcircle.com\/cms\/wp-json\/wp\/v2\/comments?post=1181"}],"version-history":[{"count":1,"href":"https:\/\/expatcircle.com\/cms\/wp-json\/wp\/v2\/pages\/1181\/revisions"}],"predecessor-version":[{"id":1189,"href":"https:\/\/expatcircle.com\/cms\/wp-json\/wp\/v2\/pages\/1181\/revisions\/1189"}],"up":[{"embeddable":true,"href":"https:\/\/expatcircle.com\/cms\/wp-json\/wp\/v2\/pages\/14"}],"wp:attachment":[{"href":"https:\/\/expatcircle.com\/cms\/wp-json\/wp\/v2\/media?parent=1181"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}