Chris Martenson at Chrismartenson.com recently commissioned me to write an article on expatriation to be posted on his Web site.
Chris is the author of the well-known "Crash Course" which explains how our economy, energy systems and environment face overwhelmingly difficult challenges in the years ahead, and explores likely implications for the future. His primary goal is to help you stay informed, protect your wealth, build resilience into your life and community, and connect with other concerned citizens.
Expatriation–giving up your U.S. citizenship and passport–may fit into that plan.
Yes, it's a radical step. However, if you're a U.S. citizen, you can make nearly all of the preparations for a possible future expatriation without leaving permanently leaving the United States. This is a four-step process:
- Phase 1. Relocate your assets from the United States to other jurisdictions, preferably where the assets won't be taxed.
- Phase 2. Identify foreign countries where you would consider living,
- Phase 3. Obtain a suitable second passport
- Phase 4. Expatriate—give up your U.S. citizenship and passport
Once you've accomplished the first three phases, summarized in Part I of the report I wrote for Chris, the final step—expatriation—is much easier than if you're starting from scratch. Part II of this report describes the expatriation process.
Click here to read Part I of the report. And, if the report I wrote for Chris makes you believe that you're a possible candidate for expatriation, you can read about the process in much greater detail in my own Billionaire's Loophole report, in our bookstore.
Once you decide to expatriate, The Nestmann Group, Ltd. we can assist you in every phase of the process; from obtaining alternative citizenship and passport to giving up U.S. nationality or long-term residence. For more information, contact The Nesymann Group Ltd. directly.
Copyright (c) 2012 by Mark Nestmann