Offshore types are always advising us USians to get a second passport as a precaution against tyranny.
I sympathize with this. As I’ve said before, if I were rich, I’d definitely have an offshore hidey-hole lined up, with all the real estate, bank accounts, and tricks of citizenship that that entails.
But of course, that’s just the problem. Nearly all advice from the “get out while you can” crowd is directed at people who consider $500,000 to be spare change, not people who consider $500,000 to be some incomprehensible figure that can’t be totaled using any reasonable number of fingers and toes.
Then, leaping from link to link last week, I stumbled upon this: an offshore residency and passport plan that costs less than a late-model used car. And otherwise requires no more resources than a working-class person should be able to marshal, given a bit of time. And it’s in someplace warm, to boot.
So tell me — how much use do you think alt citizenship in the Dominican Republic would be?