4 ms·

> Add passport(s) to your current one, and see your score improve. Interesting, but it's not so easy to "add" a passport to you.

taesu 7y ago
the affiliated company can 'help' you do just that
ixtli 7y ago
Directly relative to your net worth in most cases. In fact, this website appears to be an intake funnel to get rich people to pay for services that help them get residency and passports for other countries.
iddqd 7y ago
If you are a "high net worth investor", the creators of the site (Arton Capital) seems happy to help.
tgtweak 7y ago
I know some people (freelancers mostly) who seem to be collecting passports as some kind of expensive complicated beurocratic sport. Would also be good to see a relative rating on how difficult/lengthy/costly the process is to get each of these passports. I'm sure there's a known combination of passports that gets you optimal country coverage with minimal effort/cost.
- rolltiide 7y ago
  1) Malta - 1.3 million euros. Half of it is in investments so reedeemable. 1 year. No physical residency required. European Union, Schengen Area 2) Portugal - 350k euros OR 500k euros. All in property so reedemable. 6 year. No physical residency required, but property counts as residence and gives EU visa for all 6 years until citizenship and passport is possible. European Union, Schengen Area. Can also employ 10 Portugal citizens for work. Likely as low as 90k euros per year. Obtains EU visa and by year 6 you an get passport. 3) Cyprus - similar to Malta and is EU but not Schengen Area. Might take a little longer too. 4) Austria - informal kickback process, but follows due process. 10 million euro+ 5 - 10) Caribbean countries that are not EU so I don't care. Low 6 figures. Known to revoke purchased passports when indicted of a crime somewhere else in the world. Long after having a clean background check and being approved and not being accused of any crime.
  - pgcj_poster 7y ago
    If I'm not mistaken, Maltese citizenship would allow one to live in Britain even if Brexit happens. So I would call its passport the most valuable.
ForHackernews 7y ago
This is the ad in their footer: https://www.artoncapital.com/high-net-worth-investors/ https://www.artoncapital.com/high-net-worth-investors/ If you're wealthy enough, it's quite easy to pick up an extra passport or three.
dalore 7y ago
Actually quite a few countries have a high net worth investment citizen track. You promise to loan/invest in the country above a specified amount and you can get a passport. There is the USA EB-5 for example. Reading up, an investment of only $500,000 and creating 10 jobs can be sufficient.
- derefr 7y ago
  Presumably those countries also tax your income as long as you’re considered a dual citizen of them?
  - scott_s 7y ago
    If you're not currently a resident, I don't think so. I think that the US is unique or rare in taxing citizens who are non-residents.
  - inawarminister 7y ago
    I've heard here and elsewhere that only USA uniquely tax citizens living abroad. Most other countries don't. Seems Eritria and Myanmar are the other two countries with that tax regime on expats [0] https://en.m.wikipedia.org/wiki/Expatriation_tax https://en.m.wikipedia.org/wiki/Expatriation_tax
titanomachy 7y ago
Maybe you're eligible through your parents, and trying to decide if it's worth the effort. In Canada, 40% of people are immigrants or children of immigrants. Depending on the country of origin, many of these people could be eligible for a second passport.
wickerman 7y ago
No, but you can over a period of time. I have two, I could apply for a third due to marriage and a fourth one because I lived in a place long enough, without having to renounce citizenships.
NeedMoreTea 7y ago
A surprising number would be able to add Irish, thanks to their descendency rules. There was a huge spike in Britons applying for Irish passports thanks to Brexit.

taesu 7y ago

the affiliated company can 'help' you do just that

ixtli 7y ago

Directly relative to your net worth in most cases. In fact, this website appears to be an intake funnel to get rich people to pay for services that help them get residency and passports for other countries.

iddqd 7y ago

If you are a "high net worth investor", the creators of the site (Arton Capital) seems happy to help.

tgtweak 7y ago

I know some people (freelancers mostly) who seem to be collecting passports as some kind of expensive complicated beurocratic sport. Would also be good to see a relative rating on how difficult/lengthy/costly the process is to get each of these passports. I'm sure there's a known combination of passports that gets you optimal country coverage with minimal effort/cost.

rolltiide 7y ago
1) Malta - 1.3 million euros. Half of it is in investments so reedeemable. 1 year. No physical residency required. European Union, Schengen Area 2) Portugal - 350k euros OR 500k euros. All in property so reedemable. 6 year. No physical residency required, but property counts as residence and gives EU visa for all 6 years until citizenship and passport is possible. European Union, Schengen Area. Can also employ 10 Portugal citizens for work. Likely as low as 90k euros per year. Obtains EU visa and by year 6 you an get passport. 3) Cyprus - similar to Malta and is EU but not Schengen Area. Might take a little longer too. 4) Austria - informal kickback process, but follows due process. 10 million euro+ 5 - 10) Caribbean countries that are not EU so I don't care. Low 6 figures. Known to revoke purchased passports when indicted of a crime somewhere else in the world. Long after having a clean background check and being approved and not being accused of any crime.
- pgcj_poster 7y ago
  If I'm not mistaken, Maltese citizenship would allow one to live in Britain even if Brexit happens. So I would call its passport the most valuable.

ForHackernews 7y ago

This is the ad in their footer: https://www.artoncapital.com/high-net-worth-investors/ https://www.artoncapital.com/high-net-worth-investors/ If you're wealthy enough, it's quite easy to pick up an extra passport or three.

dalore 7y ago

Actually quite a few countries have a high net worth investment citizen track. You promise to loan/invest in the country above a specified amount and you can get a passport. There is the USA EB-5 for example. Reading up, an investment of only $500,000 and creating 10 jobs can be sufficient.

derefr 7y ago
Presumably those countries also tax your income as long as you’re considered a dual citizen of them?
- scott_s 7y ago
  If you're not currently a resident, I don't think so. I think that the US is unique or rare in taxing citizens who are non-residents.
- inawarminister 7y ago
  I've heard here and elsewhere that only USA uniquely tax citizens living abroad. Most other countries don't. Seems Eritria and Myanmar are the other two countries with that tax regime on expats [0] https://en.m.wikipedia.org/wiki/Expatriation_tax https://en.m.wikipedia.org/wiki/Expatriation_tax

titanomachy 7y ago

Maybe you're eligible through your parents, and trying to decide if it's worth the effort. In Canada, 40% of people are immigrants or children of immigrants. Depending on the country of origin, many of these people could be eligible for a second passport.

wickerman 7y ago

No, but you can over a period of time. I have two, I could apply for a third due to marriage and a fourth one because I lived in a place long enough, without having to renounce citizenships.

NeedMoreTea 7y ago

A surprising number would be able to add Irish, thanks to their descendency rules. There was a huge spike in Britons applying for Irish passports thanks to Brexit.