THE PASS P OR T BOOK The Complete Guide to Offshore Residency, Dual Citizenship and Second Passports Seventh Edition, 2009 Robert E. Bauman, JD THE PASS P OR T BOOK The Complete Guide to Offshore Residency, Dual Citizenship and Second Passports Seventh Edition, 2009 Robert E. Bauman, JD Published by The Sovereign Society THE SOVEREIGN SOCIETY, Ltd. 98 S.E. 6th Avenue, Suite 2 Delray Beach, FL 33483 Tel.: (561) 272-0413 Email: [email protected] Website: http://www.sovereignsociety.com ISBN: 978-0-9789210-6-4 Copyright © 2009 by The Sovereign Society, Ltd. All international and domes- tic rights reserved. No part of this publication may be reproduced or transmit- ted in any form or by any means, electronic or mechanical, including photo- copying and recording or by any information storage or retrieval system without the written permission of the publisher, The Sovereign Society. Protected by U.S. copyright laws, 17 U.S.C. 101 et seq., 18 U.S.C. 2319; violations punish- able by up to five years imprisonment and/or $250,000 in fines. Notice: This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is sold and distributed with the understanding that the authors, publisher and seller are not engaged in rendering legal, accounting or other professional advice or services. If legal or other expert assistance is required, the services of a competent professional advisor should be sought. The information and recommendations contained in this brochure have been compiled from sources considered reliable. Employees, officers and directors of The Sovereign Society do not receive fees or commissions for any recommenda- tions of services or products in this publication. Investment and other recom- mendations carry inherent risks. As no investment recommendation can be guaranteed, The Society takes no responsibility for any loss or inconvenience if one chooses to accept them. The Sovereign Society advocates full compliance with applicable tax and finan- cial reporting laws. U.S. law requires income taxes to be paid on all worldwide income wherever a U.S. person (citizen or resident alien) may live or have a residence. Each U.S. person who has a financial interest in, or signature author- ity over bank, securities, or other financial accounts in a foreign country that exceeds $10,000 in aggregate value, must report that fact on his or her federal income tax return. An additional report must be filed by June 30th of each year on an information return (Form TDF 90 22.1) with the U.S. Treasury. Willful noncompliance may result in criminal prosecution. You should consult a quali- fied attorney or accountant to ensure that you know, understand and comply with these and any other reporting requirements. About the Author Robert E. Bauman, JD Bob Bauman, legal counsel to The Sovereign Society, served as a member of the U.S. House of Representatives from 1973 to 1981. He is an author and lecturer on many aspects of wealth protection and offshore citizenship and residency. A member of the District of Columbia Bar, he received his juris doctor degree from the Law Center of Georgetown University in 1964. He has a degree in Inter- national Relations from the Georgetown University School of Foreign Service (1959) and was honored with GU’s Distinguished Alumni Award in 1975. He is the author of The Gentleman from Maryland (Hearst Book Publishing, NY 1985); and the following books, all published by The Sovereign Society: The Complete Guide to Offshore Residency, Dual Citizenship and Second Passports (2001 — 2009); The Offshore Money Manual (2000); editor of Forbidden Knowl- edge (2004); Panama Money Secrets (2005); Where to Stash Your Cash: Tax Havens of the World (2006) Swiss Money Secrets (2008); How to Lawyer-Proof Your Life (2008); His writings have appeared in The Wall Street Journal, The New York Times, National Review, and many other publications. Note from the Author Throughout this text, we have provided Internet websites for American and foreign embassies. These websites contain extensive information about both U.S. and foreign nations and issues related to citizenship, residence, visas, and pass- ports. In addition, we recommend the following Internet sources: *U.S. State Department Background Notes — http:// www.state.gov/r/pa/ei/bgn/ These web pages include facts about the land, people, history, government, political conditions, economy, and foreign relations of independent states, some dependencies, and areas of special sovereignty. The Background Notes are updated and revised by the Office of Electronic Information and Publications of the Bureau of Public Affairs as they are received from the Department’s regional bureaus and are added to the database of the Department of State’s website. *U.S. State Department Travel Warnings — http://travel. state.gov/travel/travel_1744.html This website provides up-to-date Consular Information Sheets for every country of the world with information on such matters as the health conditions, crime, unusual cur- rency or entry requirements, any areas of instability, and the location of the nearest U.S. Embassy or Consulate in the subject country. Table of Contents Foreword .........................................................................13 Part I Passport History ..............................................................17 Who Needs a Second Passport? .......................................20 Home Government Coercion ..........................................26 Dual Nationality .............................................................27 Do Americans Need a Second Passport? ..........................34 What About the British? ..................................................36 Multinational Corporations Do It ...................................38 Citizenship and Passports ................................................43 Dual or Alternative Citizenship .......................................44 Second Passports: Important Considerations ...................47 Legality ...........................................................................47 Passport Fraud .................................................................49 International Recognition ...............................................51 Do You Need a Lawyer? ..................................................51 The Sovereign Society Worldwide Immigration Assistance Program .....................................52 Part II Economic Citizenship Programs ......................................55 Commonwealth of Dominica ..........................................58 St. Kitts & Nevis .............................................................67 Part III Countries by Region .......................................................75 Section 1 North America ................................................................75 Canada ............................................................................77 Republic of Mexico .......................................................101 United States of America ...............................................114 Section 2 Central America and the Caribbean ..............................155 Antigua & Barbuda .......................................................157 Commonwealth of The Bahamas ...................................163 Barbados .......................................................................170 Belize ............................................................................174 Bermuda* ......................................................................181 British Virgin Islands* ...................................................188 Cayman Islands* ...........................................................192 Republic of Costa Rica ..................................................199 Dominican Republic .....................................................210 El Salvador ....................................................................218 Republic of Guatemala ..................................................223 Honduras ......................................................................229 Nicaragua ......................................................................235 Republic of Panama ......................................................241 Trinidad & Tobago ........................................................269 Turks & Caicos Islands* ................................................261 U.S. Virgin Islands ........................................................273 Section 3 South America ...............................................................285 Republic of Argentina ...................................................287 Republic of Bolivia ........................................................295 Brazil .............................................................................303 Columbia ......................................................................311 Republic of Chile ..........................................................316 Republic of Ecuador ......................................................324 Republic of Paraguay .....................................................330 Republic of Peru ............................................................337 Republic of Uruguay .....................................................342 Bolivarian Republic of Venezuela ...................................350 Section 4 Europe ..........................................................................357 Principality of Andorra ..................................................363