Plan B

Now that Trump is back in the white house, there is a 4 year window for people to make contingency plans in case the US spirals towards a more extremist government after Trump. The dems want to label the current government as extreme which is their usual claim towards any republican administration (see Mccain, Romney). But their claims now fall on deaf ears as they have cried wolf once too often. 

As the pendulum of party control goes back and forth, the arc becomes more extreme in either direction. It is only a matter of time until a real extremist is elected. One can argue if this will be from the left or right but the democratic party has a much larger progressive wing than its republican extreme counterpart. The left has certainly shown its fascist tendencies with limitation of freedom of speech and freedom of the press, limiting citizen's gun possession and manipulation of elections through cheating.

We all need a plan B, so now is the time to make plans for an escape to another country just in case things really go sour. A lot of paperwork is required which takes time, plus imagine if everybody looks to leave at the same time, overwhelming government agencies. A second passport is a critical safety valve that can save your life and now is the time to pursue one. If you wait until things turn bad, it will be too late. 

The first path to consider is citizenship by descent. Where were your parents and grandparents from? Where were your spouses parents and grandparents from? It is possible to obtain citizenship if they immigrated from another country, particularly if they were forced out. It takes quite a bit of time to obtain but it can be the cheapest option.

Another option is to purchase citizenship. Some Caribbean countries will sell you citizenship and this can be done rather quickly but at a cost minimally in the low six figures. 

Some countries will issue you a residence permit and passport which allows you to live in their country as long as you can prove that you can support yourself. But a residence permit is not as binding as citizenship. 

Lastly, consider the option of citizenship by investment. In this case, one makes an investment in a country in exchange for residency or citizenship. For example, the purchase of real estate in a country above a certain value, comes with citizenship or residency. The value of this method is it allows you to obtain a second passport, have a piece of real estate to escape to, and most importantly, moves part of your assets outside the US.

These options are especially timely for my fellow Jewish Americans who often have their heads in the sand but who should be the most aware due to their historical expulsions and persecutions. Plus, most have historical roots in other countries which can be exploited. If you're depending on Israel to be your escape valve, well that may be an option but squeezing hundreds of thousands of people into tiny Israel in a short time would be overwhelming for years until the country could catch up. Make Israel your plan C.

This post may be considered radical by some but things always appear calm before the storm. Things can change and change fast. It's always good to have options, even if they are never needed. Everyone should seek a plan B for themselves and their family, what's the harm? Get a second passport