Have you considered getting dual nationality?

Hi, I looked at this subject a while ago, but not indepth. I think the Nomad Capitalist has a channel and talks about this a lot.

Looking at the state of some western countries, living abroad might not be enough of an insurance policy to insulate us from the craziness. In some countries they have de-banked people for having political views that challenge the national governments preferred ideology, and worse.

This has led me to wonder if living abroad might not be enough. What if your own country decided to issue an arrest warrant making it hard to return? Or perhaps decided to not even renew your passport?

... I am not in this situation, but one day we might all be. Who knows.

Another reason people look into this might be tax purposes. I have heard that some Americans have tried to renounce their citizenship; to avoid having to pay the IRS, irrespective of whichever foreign country they live in.

If so, a 2nd nationality might come in handy. Does anyone here have dual nationality?

... Or have you looked into this? – If so, what did you find out?

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