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If you are a citizen of a single country and they turn authoritarian like Australia in the period of covid, you are at the mercy of them. They may restrict you
by searchableguy 4y ago
If you are a citizen of a single country and they turn authoritarian like Australia in the period of covid, you are at the mercy of them.
They may restrict your capital flows, shut off your local bank accounts, make it impossible to get out of the country, and a lot more. Every action they take will impact you directly as the passport holder.
So having more passports allow greater freedom and stability in the long run.
Nobody would have thought a highly developed western country would refuse citizen entry before covid.
- immigrantheart 4y ago> Many big developed and developing countries are increasing their taxes on young people to fund unsustainable pension systems. They are introducing exit taxes, world wide citizen obligations, compulsory reporting overseas, and restricting ease of moving your business elsewhere. How does 2nd passport skirt world wide citizen obligations, compulsory reporting overseas?
- searchableguy 4y agoYou can renounce a citizenship if they become unreasonable. You don't have that option if you are gonna become stateless.