This Billionaire Wants a “Get Out of Jail Free” Card

With this special document, you can leave the mess behind. [The Rude Awakening] October 26, 2022 [WEBSITE]( | [UNSUBSCRIBE]( This Billionaire Wants a “Get Out of Jail Free” Card - PayPal Mafia member and billionaire Peter Thiel is shopping for yet another passport. - This time, he’s looking at the European Union through a well-known visa program. - Even if you’re not a billionaire, you can follow what Thiel’s doing… starting today. [URGENT: Exclusive $10 Offer From Jim Rickards]( Hi, Jim here. And for the first time ever, I want to give you [all of my best secrets… for under $10!]( This is your chance to get all of my moneymaking insights at one affordable price. [Click here for all of the details on my special $10 offer.]( [Click Here To Learn More]( [Sean Ring] SEAN RING Dear Reader, Happy Hump Day from Asti! Guess who’s looking for my favorite “get out of jail free card.” Peter Thiel! I’m a longtime admirer of Thiel, as he is one of the only Silicon Valley billionaires who isn’t a left-wing nutjob. Interestingly, he’s looking to the European Union for his next passport. (Thiel was born in Germany and has US and New Zealand citizenship.) This time, Thiel is allegedly going for Malta’s golden passport program. According to [The New York Times]( Since 2013, Malta has raked in hundreds of millions of euros selling “golden passports” through a citizenship-for-sale offer, in which a buyer can get a passport in about 12 months with a €750,000 payment to the local government. The program has brought people to the island hoping to safeguard against turmoil in their home countries or live freely across the European Union, which counts Malta as a member. Of course, the left-wing is going crazy, as Thiel is a Republican kingmaker. “Why on earth would Thiel want to hedge his bets by getting another passport?” they ask. Ironically, people like them are the answer! More power to him, I say. And to you as well. Since I started writing the Rude in late April 2021, we’ve doubled the subscriber base. I’m immensely grateful and overwhelmed with gratitude. So, recycling some of my older pieces is crucial to catch up new subscribers and refresh older ones. Parts of this Rude come from the [June 9th edition](. I’ve updated it but left the meat of the piece intact. More Gratitude! There are days when I get down on my knees and thank God. Today is one of those days. I shudder when I think of the mess I’d be in right now without my Italian passport. I’d probably still be stuck in the Philippines. Or trying to enter the UK with my non-EEA spouse. Though if we took the boat route, we’d get free accommodation and a stipend. Who knows what the game plan would’ve been? But having that get-out-of-jail-free card was a godsend. Possessing a second passport gave me the most important thing in the world: options. The option is to live in Italy - or any of the other 26 European Union countries. The option to arrange my company and tax status the way I wanted to. The option to bring up Micah in a lovely country. No country is perfect. No one plan fits all. Is Italy in economic trouble because of the EU’s idiotic policies toward Russia? Certainly. Does that affect my family and me? Absolutely. But it’s a cost I’m willing to pay. For now… Here are some options you may not know you had… and why you may want to exercise them now. There’s No Time Like the Present Dr. Lev Borodovsky’s [The Daily Shot]( usually comes out after I’ve finished writing the Rude. But as I was late today, I read it first. He had some germane charts I wanted to share with you. First up is how housing has become increasingly unaffordable in the US. No surprise there. Check out how many hours you need to work to afford rent: [SJN] Here’s another one showing people are hurting on their credit card balances. [SJN] That’s probably because there aren’t enough jobs being created: [SJN] All in all, it’s a pretty good time to get out of Dodge. But how can you do that? A few ways, but the plainest is getting a second passport. [New Federal Rule could change America forever]( Everything about your way of life is about to change – thanks to a new rule passed by the Federal Government. How much you pay for energy… how you shop for groceries… even how much you pay for healthcare – it could all radically change. That’s according to the man dubbed “The Tech Prophet” by Forbes magazine. [Not only that, he believes it could create one of the greatest money-making opportunities in American history – click here to see why.]( [Click Here To Learn More]( Different Ways to Get Citizenship My son Micah has three passports. His British and Italian ones come from me—his Filipino one from his mother. I renounced my US citizenship before he was born so he wouldn’t have to suffer being an “Accidental American.” An [Accidental American]( is someone whom US law deems to be an American citizen but who has only a tenuous connection with the US. Accidental Americans get taxed as regular Americans thanks to citizenship-based taxation. I didn’t want that for him, nor did I want to continue paying taxes to a country I rarely visit. Luckily, I had options. You may have the same options as well. Ancestry I tell everyone in America this. If you have a last name that ends in a vowel, you should check out your country of ancestry’s citizenship laws. Thanks to a bit of digging - and a lot of document collecting - I was able to get my Italian citizenship. In total, this process cost me $10,000. $6,000 in lawyer’s fees, and the rest was expenses. I had to fly to many countries to secure my documents and get them apostilled. An apostille is the international version of notarization. Your family may have been in America too long for this option to work for you. That’s ok. There are other options. Investment Citizenship by investment’s window is closing. If you’re interested in this form of citizenship, you need to move five minutes ago. Andrew Henderson of Nomad Capitalist is the go-to source on the subject. He lists the six ways to get citizenship by investment: - Direct Citizenship - Semi-Direct Citizenship - Golden Visa - Residence Permit - Active Investor Visa - Fast Track Citizenship And a bonus section: - Easiest Countries to Getting Citizenship Watch his [Six Ways to Get Citizenship by Investment]( video to get the full details. Marriage I’m sure you’re too smart to [marry someone just for their passport](. Please don’t take this section as an encouragement to find a partner just for their passport. But… if you’re already married to someone with a foreign passport, you can unlock some options. Interestingly, it would take me an entire decade to get a Filipino passport by marriage. So that didn’t work for me. But what did work was taking advantage of residency privileges. Second Residences Work Well I still laugh about this. In 2018, the Philippines was the only country in the world where Pam, Micah, and I could legally reside without issue. I didn’t have my Italian passport yet, and the UK’s immigration laws are beyond stupid. Sure, we could have emigrated to Spain in the hopes of her getting a Spanish passport. (It’s relatively easy for Filipinos to get Spanish citizenship, as they are former subjects of the Spanish Empire.) But the Philippines provided us with the tactical retreat we needed to complete my Italian paperwork. Remember, you don’t have to move to a country forever. You can go there, take advantage of the tax system, and enjoy your life. Then, you can leave. The Philippines has a territorial taxation system, so it was even better for me. US citizens get a foreign-earned income exclusion of $112,000 (currently). So, if you’re on a fixed income below $112,000, you’ll live in those countries tax-free. Wrap Up The West is a mess, but you have options. A second passport is your get-out-of-jail-free card. You can get a second passport by ancestry, investment, or marriage (if you must). If you can’t get a second passport immediately, a second residence is a smart move. Even if it’s a tactical retreat, you can take advantage of the tax laws in your second residence country. “Piano, piano,” as they say in Italy. It translates to “very quietly” or “softly, softly.” You don’t have to pick up in a huff and shove off to a foreign land. You can take your time, examine the advantages, and dip your toe in. Once you’re sure, make the move. But don’t take it from me. Take it from the billionaire who’s on maneuvers once again. Until tomorrow. All the best, [Sean Ring] Sean Ring Editor, Rude Awakening [Paradigm]( ☰ ⊗ [ARCHIVE]( [ABOUT]( [Contact Us]( © 2022 Paradigm Press, LLC. 808 Saint Paul Street, Baltimore MD 21202. By submitting your email address, you consent to Paradigm Press, LLC. delivering daily email issues and advertisements. To end your Rude Awakening e-mail subscription and associated external offers sent from Rude Awakening, feel free to [click here.]( Please note: the mailbox associated with this email address is not monitored, so do not reply to this message. We welcome comments or suggestions at feedback@rudeawakening.info. This address is for feedback only. For questions about your account or to speak with customer service, [contact us here]( or call (844)-731-0984. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. 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